Boiler Room: The Official Stock Market Discussion

[winb83]

Hedge fund targeted by Reddit board Melvin Capital closed out of GameStop short position Tuesday

CNBC just reported it as well

 

[K-Deini]

Gme back to 200

 

[winb83]

Gme back to 200

Pre-Market usually leaves a lot of bag holders on hype. People was buying that today in the $330s.

 

[Liu Kang]

ya take DOGE for example...which elon still pumps occasionally...in hindsight 95% of the alts that ran in 2017 were shytcoins...even tho back then we thought we were smart and doing DD...nah we were just lucky to be in at basement levels on some of these projects before the hype train took off...a lot of those projects ain’t shyt now...bitcoin is still a different animal in theory even tho similar hype tactics are used...for lack of a better comparison BTC is “like” TSLA in that it’s not all hype...but I don’t think anyone is expecting GME to survive this run after folks have had their fun

Yeah Dogecoin was the example in my edit

I think what was seen with BTC was in the same vein as what happens with TSLA. Insane confidence in the product/brand and bullish optimism disrupts any kind of fundamental or traditional analysis. I was skeptical with TLSA but all the wsb thing tells me these dudes will get TSLA shares to a few Ks . It might be irrational but that's the game.

 

[K-Deini]

In amc with 9.23 avg

 

[old pig]

Yeah Dogecoin was the example in my edit

I think what was seen with BTC was in the same vein as what happens with TSLA. Insane confidence in the product/brand and bullish optimism disrupts any kind of fundamental or traditional analysis. I was skeptical with TLSA but all the wsb thing tells me these dudes will get TSLA shares to a few Ks . It might be irrational but that's the game.

that’s the thing tho...TSLA (from what I’ve heard others voice) and BTC aren’t as irrational as they seem or detractors make them out to be if you really understand them (not you...just speaking in general)

 

[Liu Kang]

that’s the thing tho...TSLA (from what I’ve heard others voice) and BTC aren’t as irrational as they seem or detractors make them out to be

I agree. I meant irrational in how overvalued it could be compared to the current value the brand brings. When it comes to the potential and the possibilities, it makes more sense.

 

[Serious]

GME has a 24 billion market cap


Dude squawk alley really said where are the regulators.

 

[Tha Gawd Amen]

Today looks like a market rotation into over shorted retail clearly

 

[L68]

Amc still climbing

 

[old pig]

Amc still climbing

ya I can’t throw money at this in good faith at this point...looking like it’s gonna open up at $20...I’ll still be here on the sidelines when it’s $200 lol

 

[Doomsday]

ya I can’t throw money at this in good faith at this point...looking like it’s gonna open up at $20...I’ll be here on the sideline when it’s $200 lol

You gone make the GME fatal mistake twice. Stop doubting these reddit boys, they don't play!

 

[old pig]

You gone make the GME fatal mistake twice. Stop doubting these reddit boys, they don't play!

fatal?

nah I’ll live man...I’ll be a little annoyed with myself if it does a similar run but I’ll get over it



I’m more ticked that I missed securing 4-5x this morning if I had bought it yesterday

 

[jetflyinglimousineriding]

EXPR on another run PM

 

[King Theo]

looks ike im forced on the sideline i opened a e trade account put my money in but its on hold for about 3 days.

im always behind