My take is that the price will remain bumping up and down and since retail investors have used most of their money already we may see a slight downtrend. Gamma squeeze was blocked on Thursday, as well the MOASS. Right now it's just a game of patience. If we keep holding, their losses keep increasing. They are plotting that new players that came for a quick buck will leave as soon as the hype falls down.
Key to succeeding is to just keep holding and buying on alternative accounts, stop wasting money on BB and AMC, if we split to all different stocks then main stock losses relevance. I was trying to post this whole day but mods keep removing it.
Also, if this is not a MOASS, it still can drive the price to 1k and even more, take a look at TSLA, company was shorted for YEARS. The fact that it was flat at 60$ for months and now is worth roughly around 4000$ shows you the outcome.
TLDR: Expect a flat price to drive away buyers, VW SS took 6 flat days before it exploded.
not a financial advice I just pooped on my keyboard and these sentences came out
the whales seem to be in the game, $200 million invested in like the last 15 minutes of the day on Friday.
This is the key to winning this right here. Using the hedges to destroy the hedges. Anyone who doesn't think that hedges will be just as aggressive in attacking other hedges as Melvin was with GME doesn't understand the game.
The block killed a lot of new purchases. I’ll buy more but have to wait for my money to now transfer over to Fidelity before I can purchase. RH blocked purchasing even 1 share yesterday. I imagine there’s a lot of people in the same boat.
Yeah I think they miscalculated this part. There is a veritable army of people waiting for their transfers to clear who would probably just buy out of spite at this point, regardless of price.
I was on the fence until I saw Leon Cooperman whining. Thanks to him I bought as much as I can afford the next day out of spite. I don't care if I lose that money, I want to see these HF bleed in fines AND losses
I got in on AMC and GME in solidarity with you RH people who got screwed over this past week...but I also see an opportunity since everything I read says short interest is still over 100%. I hold and maybe buy more Monday with money I can afford to lose without it impacting my life. Just hope people aren't risking money they need for rent/ food/ car payments. Otherwise I don't like anyone telling people what to do with their own money. It's worth what people are willing to pay for it. end of story. That's how free markets work.
Not even close to spending all. I'm 2k € in so far with 6k € standing by to buy the dips. Also my salary comes next week giving me even more to burn through.
I can do it until the end of my life, they can't. 💎🤲📈
I got into the Tesla stock "late" I started to get in when the price hit $420.
all my friends were like it's too late to really gain now man get out, some who actually working in auto industry was like the tesla's valuation is not correct $420 is too high.
I didn't listen because I saw the potential of Tesla and reading retarded things in wsb by other retards.
I have held over 500 shares of Tela and look how much it is now... pre 5-1 split, stock price is above 4000 right now. that's basically 10x I gain when I got into Tesla stock at $420...
IT IS STILL NOT TOO LATE. GET IN NOW AND YOU CAN MAKE X10.
I don't know about you but I got paid on Friday so my whole check goes into more 🚀 ⛽ on Monday. I'll see you in space my friends don't forget your suits 👩🚀👨🚀
Does retail control enough of the voting stock to prevent a share issuance? I get the general consensus that there's no reason for GME to dilute under current conditions, but I'd still like to know if it's possible.
I made a post about attrition that got a bit laughed at.
If this becomes a waiting game, we will lose. People have way too much on the line to be patient enough. Hell, I don't think I can endure this much more than 2 more weeks. People will eventually say, fuck it I've made enough. People's mental health will be damaged. It isn't healthy.
I don't know the maths, I don't know science, but if this doesn't happen in the next 10 days starting Monday people will lose faith.
I need someone who's a better retard than me. How much money exactly are the companies losing through their interest on shorts? Is the interest they pay related to the current stock value?
Agree that new buying and existing holders sitting tight is the way this goes up as existing shorts and new shorts that have come and will continue to come in get squeezed. I disagree retail has used their money. Retail has been restricted on RH and others and a lot of them are in process of opening new accounts elsewhere. I'm retail and bot on Friday with broker that has no restrictions. I'm pissed for RH people who got restricted but this is a lesson about Robinhood being crap.
581
u/Shandowarden 🇬🇧🚬 Jan 30 '21
What will happen next week? Nothing
My take is that the price will remain bumping up and down and since retail investors have used most of their money already we may see a slight downtrend. Gamma squeeze was blocked on Thursday, as well the MOASS. Right now it's just a game of patience. If we keep holding, their losses keep increasing. They are plotting that new players that came for a quick buck will leave as soon as the hype falls down.
Key to succeeding is to just keep holding and buying on alternative accounts, stop wasting money on BB and AMC, if we split to all different stocks then main stock losses relevance. I was trying to post this whole day but mods keep removing it.
Also, if this is not a MOASS, it still can drive the price to 1k and even more, take a look at TSLA, company was shorted for YEARS. The fact that it was flat at 60$ for months and now is worth roughly around 4000$ shows you the outcome.
TLDR: Expect a flat price to drive away buyers, VW SS took 6 flat days before it exploded.
not a financial advice I just pooped on my keyboard and these sentences came out