The Brehs of Wall Street (Offical Stock Market Thread)

[sayyestothis]

Bots hyped up GameStop on major social media platforms, analysis finds

Please do yall own research at all times like I been saying and be LONG unless you know what you doing brehhhs.

 

[EARFQUAKE]

Once again, I'm getting reckt

 

[jdubnyce]

These stocks are mad volatile though, by next week it will not be surprising to see AMC trading $34 a share. It really depends on at what price point did you buy it for?

Even with these meme volatility, that is
not happening

 

[franknitty711]

If you are chasing meme stocks and listening to Coli member when investing

 

[I Really Mean It]

Hope y’all stocked up on AMC shares. There are two hours left, with the stock hovering just a few points shy of 8. If the market closed right now, a gamma squeeze would be triggered.

 

[I Really Mean It]

Even with these meme volatility, that is
not happening

You do realize a gamma squeeze is happening next week, right?

 

[SwizzLake]

Even with these meme volatility, that is
not happening

I never said it was happening, I am saying it is possible breh

 

[Standing on business]

Thread is dangerous for newcomers and should be unpinned

 

[I Really Mean It]

Just need to finish over 8 for possibly a big week next week

It doesn’t need over 8. Outstanding buys beneath 8 are still in the tens of millions. Someone calculated 20 million if we close at 7, as opposed to the 40 at 8. If we close at 10, it nears 60.

 

[ORDER_66]

You do realize a gamma squeeze is happening next week, right?

Wtf is a gamma squeeze?!?

 

[Batsute]

Thread is dangerous for newcomers and should be unpinned

Thread should have been moved to The Boiler Room.

 

[Batsute]

Wtf is a gamma squeeze?!?

Small squeeze before the big squeeze

 

[EARFQUAKE]

Hopefully no one here is using their savings or rent money.

 

[I Really Mean It]

Wtf is a gamma squeeze?!?

It’s basically a bet on a stock’s price that hedge funds have made in the form of options that pay out if the price is reached. So, right now, there are tens of millions of these in the 6-8 range, and hedge funds will be left holding the bag if they can’t drive the price down before today’s closing. If they don’t reach those prices, those options flood the market, creating a squeeze and driving the price up after those shares are forced to meet the ask of investors. This is just my layman’s understanding.

 

[ORDER_66]

Small squeeze before the big squeeze

oh ok...