GME - GameStop Corp.

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Tiptopptrader, Apr 24, 2016.

  1. roadtonowhere08

    roadtonowhere08 Well-Known Member

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    Someone needs to add that to the "Encyclopedia" thread :lauging:
     
  2. Rustic1

    Rustic1 Well-Known Member

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    Are we ready for the show boys n girls?

    From the market taking a dump to the mysterious ice cream cone tweet, the GME machine is back in the house.
    The float is tighter I'm sure short positions have been added at the retail level, options are mind boggling and the media is warning people to stay out.
    Premarket is already getting some decent volume and a good percentage up from yesterdays close.

    Let the battle begin. :popcorn::banana::banana::booyah:
     
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  3. T0rm3nted

    T0rm3nted Moderator
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    I think if we see $70, we don't make it back above $100, but that's just my opinion. At least not for a few weeks before they try again (if they try again). If the bulls lose $90 on a couple hourly candles in a row, honestly I'd expect $50's within a trading day or two after.
     
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  4. Rustic1

    Rustic1 Well-Known Member

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    Less than a hour in and approx 24 million in volume. Lots of flipping, holdings it own. Amazing
     
  5. StockJock-e

    StockJock-e Brew Master
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    The churn is incredible!
     
  6. StockJock-e

    StockJock-e Brew Master
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    1m chart about to do this wedge

    upload_2021-2-26_8-13-41.png
     
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  7. Rustic1

    Rustic1 Well-Known Member

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    Your take on the rest of the day?
     
  8. StockJock-e

    StockJock-e Brew Master
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    I think some tuna for lunch, then a nice fancy coffee with whipped cream on top.

    After that we will do a pizza for dinner.

    What about you?
     
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  9. Rustic1

    Rustic1 Well-Known Member

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    GME Smart Alec. :rofl::rofl:
     
  10. StockJock-e

    StockJock-e Brew Master
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    Just broke below
    upload_2021-2-26_8-48-0.png

    I think there is a limited amount of buyers up here. Even with 7M people reading WSB, lets say 10% are in. How much buying will they keep throwing at it?

    A squeeze is good to get some upside action, but once that is done, where to? I cant imagine the hedge funds keep getting caught short over and over. They have to be some real dumbasses.


    At some point your reach equilibrium, which for GME is in the $40-$60 range.
     
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  11. T0rm3nted

    T0rm3nted Moderator
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    So far holding the $90 I mentioned...
     
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  12. StockJock-e

    StockJock-e Brew Master
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    Yeah, back to $70 by next week, but obviously lots of action here for daytraders.
     
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  13. Rustic1

    Rustic1 Well-Known Member

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    Honestly, I dont think this is over just yet. Still digging and trying to get a grip on some numbers that just don't make sense.
     
  14. T0rm3nted

    T0rm3nted Moderator
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    Agreed. It didn’t lose the $90 so I’m still not bearish on it yet.
     
  15. Syynik

    Syynik Well-Known Member

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    I was watching that drop.

    I still have my 10 shares, What the hell....might as well see what happens with this damn thing. :popcorn:
     
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  16. Rustic1

    Rustic1 Well-Known Member

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    Diamond hands baby girl. :booyah:

    Don't be greedy though, pawnshops always win.:rofl:
     
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  17. T0rm3nted

    T0rm3nted Moderator
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    Sell them for a profit then watch WSB and price action closely when it holds steady around $50 and then rinse and repeat. That’s what I’d do if I was trading GME
     
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  18. Syynik

    Syynik Well-Known Member

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    True Dat!:biggrin::biggrin:
     
  19. Syynik

    Syynik Well-Known Member

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    I was thinking EXACTLY this, T0rm!
    Edit: But I also remember that obnoxious tax return I had that year I was practically day-trading. :eek::suspicious:

    Ah, what the hell am I going on about? Money, baby, MONEY!!
     
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  20. StockJock-e

    StockJock-e Brew Master
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    Amazing price action considering whats happening.
    Its really holding up above $100 so far!

    upload_2021-3-1_8-24-15.png
     
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