Boiler Room: The Official Stock Market Discussion

winb83

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I'm tempted to put a G into $GME just to see what happens. :wow:
It's such a terrible company to invest in. I don't know how they pump up such a futureless company knowing that when the collapse hits it's gonna be epic. This ain't like Tesla where it's currently overvalued but has a bright future. I mean the way PC games are now one day console games will be just like that. The thought of buying a physical PC game is absurd now.

Everyone on WSB is in a holding pattern on GME with no real clear catalyst on when to get out. As it continues to rise it encourages them to hold but when the short squeezes end what's gonna be left to push the stock higher?
 

winb83

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I take it that this was done as some type of pay back can you tell me what effects this has on the short traders from WSB for example or just in general? I'm thinking about margining on Apple or PLTR and getting out after/just before the earnings report.
Margin calls are coming. Whatever you borrow to buy Gamestop you have to back 100% with actual funds or portfolio value. Normally it's much lower than 100% like 45% or even less. They're afraid to lend out shares to short on margin because it keeps climbing higher and higher.
 

KalKal

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No Whammies!!
It's such a terrible company to invest in. I don't know how they pump up such a futureless company knowing that when the collapse hits it's gonna be epic. This ain't like Tesla where it's currently overvalued but has a bright future. I mean the way PC games are now one day console games will be just like that. The thought of buying a physical PC game is absurd now.

Everyone on WSB is in a holding pattern on GME with no real clear catalyst on when to get out. As it continues to rise it encourages them to hold but when the short squeezes end what's gonna be left to push the stock higher?

I bought a bunch of puts today, but I'm tempted to buy some calls to go along with them. I KNOW the stock will make a big move on Monday, but I don't know if the initial move will be up or down.
 
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