Still think TITNC3: Return of the Iceberg was peak

Gme will still settle at around 130 I'm guessing. It won't crash down to $4 like before. That etf will be fine through the slide

 

Man do I regret not buying into GME at $40 last week when I was on break at work

 

“I steal from the poor and give to the greedy”

that’s how the song goes, right?

fckn robbing-hoods

 

i got in at .079

i have lost 65%
FOMO got me at midnight the other night I guess or sleepy from trading for a week straight. Guess I’ll hold till the next decade when I can break even :/

 

So I waded into AMC, but decided I didn't have enough energy to devote to AMC and GME, so I backed out almost exactly where I got in.

I did watch Friday waiting for a dip to buy more GME and when that failed to happen, I ended up buying more late in the day as I was optimistic that AH and Monday would be exciting. AH failed to happen, so I will see what Monday brings. I had already sold enough GME early to cover my position, so unless it really dips again, I'm probably holding and riding this thing to the Moon. Or the crash site.

 

I imagine all those greedy Hedge Funds are all working together this weekend thinking of how to bone us all without vaseline. So Monday we are going to see something out of left field that we were not expecting. Tuesday all the small folks will grow even more and even big time celebrities and big money are going to step up and uppercut those beasts and will see the price soar!

What do I know though.
I grew up in the 80’s watching the best underdog movies of all time.

 

Hold and sell covered calls on your shares and make money on the drop .....hang onto your panties.

 

Every one of these "Now we're onto $XYZ" means buy 100 shares of $XYZ at $12...Sell if it falls to $11.50...if it goes to $12.51 set a $0.50 trailing stop and ride the pump and consider it a win...
$GME is IT. My only fear at this point is a regulatory halt on the trading of $GME...But there is no LEGAL reason for that.
My gut tells me the reigns are off and they now let this play out and those who are in are in for a beautiful week.

 

My bet is that GME crashes to 20 then settles at 25 and then gets back to 45-50 by the end of 2021.

they’re a horrible company. The current drive is the short squeeze and once that’s over all these owners are going to decide why the hell would I long term hold a crappy company?!

so they’ll pitch it. Geronimo back to 20. Then there’s the people waiting for the rock bottom to buy back in (hello!) and then Cohen will start to breathe some new life into the company, I think sometime around mid Q3. It will be a steady slow climb of no significance until august 20th when something relatively big news will happen, and it will go up 35% overnight. Then it will be a steady climb through the end of the year, but at a faster rate than in between the pending crash and the big news.

source: I like the taste of elmers more than the name brand.

 

What your forgetting is the power of stupid people in masses. Once GME is done there's going to be a lot of Redditer's with new found capitol. Let's just focus on them and ignore the 80% that will loose money because they got in too late on GME then hold for too long.

Anyway, that new capitol is going to be thrown at whatever the WSB group says. If they do the same thing, buy and hold those positions, it will force the stock price up. It will do that until most of them decide to cash out. Now, just like their friends in the 80% category above, some will cash out to late and loose money. This cycle will continue until 99.9% have given back all their gains and them some from the GME trade.

It's psychology at work. Herd instinct. Ever hear about whale pods washing themselves up on beaches? The whole pod follows the navigator blindly then dies because they don't want to abandon the pod. Yeah, it's gonna be a lot like that. lol

 

the hedge funds def came out of left field in Thursday at open market limiting purchases
Holy hell not even a warning.
So what they plan next week idk
I was shocked

 

Do you think all these Millennials haven't seen the Karate Kid and Point Break remakes? lol

 

yes
I am a millennial
I have seen originals and remakes

 

It’s really weird being labeled a millennial to be honest
Cause I often refer to the younger millennials as millennials and not myself lol

I do think us born in the mid to late 80s are drastically different than those in the mid 90s

so much technology and changes happen over a 15 year time span

they need to break these generations up into 5 year segments cause lots change in 5 years

LOTS

 

I hope you are correct. What concerns me is more fuckery in the "it's illegal but the loss is worse than the punishment" category.

 

Bullshit...There's clearly NO Correlation between their performance...I mean look at the difference in their 5 day charts...

 

I'm 47 and my wife is 39. A few years ago we where having a conversation about Millennials. She's an incredibly smart women with two degrees. I'm just some guy who swings a hammer for a living who happens to be right occasionally.

Anyway, as we get further into the conversation about Millennils I point out that she is one. Without even thinking it over she counters and tells me she is in fact Gen Y. After a brief laugh I tell her Gen Y and Millennials are synonyms. She simple will not believe me. She's fucking positive she is not a Millennial. I stop arguing and pull up Google. I show her that I am in fact correct. Luckily we have a king size bed in the guest room so I still slept well that night. lol

 

Jokes on you. I'm 37 and my wife is 27. We're BOTH Gen Y, so there!

 

Also: My ass. That kind of humility is emblematic of deep seated intelligence alongside some education about the world.

But what do I know. I'm just a humble motherfucker with a big dick.

 

Thanks man.

It's easier for me to be humble about things then have to say "I told you so" all the time. Although that is my favorite combo of non-swear words in the English language. lol