What’s Going On With GME???

Gloxina

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So what is happening here and what are we expecting? I need to get rid of this shyt lolol

If this is another pump and dump we are actually primed to get out lol
 

Black Mamba

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Yeah I really should've bought more when it was that low :beli: I mean I got a lot of my shares DRS'ed already but from 10$ to 18 looking nice now
 

Gloxina

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Yeah I really should've bought more when it was that low :beli: I mean I got a lot of my shares DRS'ed already but from 10$ to 18 looking nice now
So it’s back? It was down earlier this week and I stopped watching lol


Oh you’re right. I ignored my alert. Up 5%
 

Geek Nasty

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Pure speculation, but I bet this is people being margin called. I’ve also noticed that the value of Tesla has been tanking along the same days as GME goes up. so if people have margin accounts where they borrowed against the value of their Tesla stocks, and the Tesla stock price drops at a certain point your portfolio balance gets so low that it dips below your margin account balance.

This is why I was suspecting that Elon Musk was going to go bankrupt soon. he borrowed against Tesla stock, but if the price drops enough, he won’t have enough value to cover his debts and he’ll be forced to sell shares of anything they can sell.

OT We were all talking about it seems like the market was artificially inflating Tesla value maybe this is why.
 
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