But, with the king of all meme stocks going on a second Reddit … ET, up from $18 just a couple of weeks ago. If the stock keeps going up these short sellers will have what is a called a margin call. The GameStop chaos is what happens when a stock becomes a meme. ET at $104.54 but shot up to $109.42 by 9:37 a.m. At the time of writing, GameStop stock is at … GME up? If that happens, they can buy back the stock for even cheaper and keep the difference as a profit. 7 Safe Stocks for Reddit’s WSB Bull Gang; With GME stock, I’d say we’re in the bargaining phase. I’m kinda new to this but I was just looking at the statistics for GME and there are currently around 40M shares available to the public. There’s something very weird happening in shares of GameStop (GME). AMC stock skyrockets after being targeted by Reddit as the next GameStop Shares of AMC Entertainment Holdings roared back to pre-pandemic levels in just two days. GameStop shares climbed rapidly and were halted twice for volatility ahead of the closing bell Wednesday. ... and if there isn’t then people are going to end up riding it all the way up and then all the way back down ... Keep … Edit 13 11:02AM: VIX up? Welcome to my 2 cents, from a simple trader and a mom's perspective: And that’s why Redditors wanted to keep GME high, to squeeze the big guy. This is a perfect short squeeze set up. Can GME keep going up? In fact, on Tuesday Mark Cuban urged members of Reddit's WallStreetBets community to stay the course with stocks like GameStop. ... And the stock keeps going up and up and up. No matter what, keep the GameStop and Reddit story on your radar. But long shots can go on for extended periods if … A significant share of the bets on GME’s stock going up have taken the shape of call options, where an investor pays a smaller amount up front for the right to buy a … Why AMC, GameStop, and Sundial Are 3 of the Worst Stocks to Buy Don't let the Reddit frenzy lure you into buying terrible businesses. Reddit seems to be recovering after what its status page called a “major outage”.For about an hour, users who tried to load the site as it was down were met … As I was going through the comments, I saw this from u/traderbabe22 and her words really resonated with me, so I wanted to leverage the popularity of my post to spread her message.. That offended them. And that’s why Redditors wanted to keep GME high, to squeeze the big guy. And while Reddit is thought of as a community-run platform, there is a person at the top, CEO Steve Huffman. And I have a lot of questions for him. This WILL happen. Whether GME hits double-digit levels again or actually rockets higher, there is a lot to learn. Short-sellers have amassed a mark … Investors borrowed shares of GME and then sold them in … "IM NOT SELLING THIS UNTIL AT LEAST $1000+ GME BUCKLE THE FUCK UP" was the title of a top post on the subreddit on Monday, from the user dumbledoreRothIRA. For the January rallies in GME and other Reddit stocks, short squeezes were not the only driver. EDIT: Alright y'all, I'm going to do something a bit unusual here, but it's my post, so w/e. And that’s why Redditors wanted to keep GME high, to squeeze the big guy. You were wrong; the stock did not go to zero, but you’re still up … [S]ocial media — which includes the curation algorithms of TikTok, Reddit, Robinhood, Amazon, Netflix, etc. And it’s even absurd to think that GME stock climbed to around $364 per share in Wednesday’s trading session as of 11:11 a.m. Average Joe investors, coordinated on Reddit, have roughly quadrupled the stock price of the struggling video game retailer GameStop (GME) over … Wednesday's wild final 30 minutes were reminiscent of the Reddit-driven buying spree that engulfed the stock in late January, pushing it to a dizzying all-time high of $483, up … GameStop is expected to lose money this year and next year. I'm not a financial advisor but if something keeps ending higher than it was previously and the last 4 months show the same thing and we know of an event that says it should go higher and hedge funds are going broke and getting bailouts betting against it. So now you must buy shares and the price can keep going up. Why does this ‘shit’ keep happening again, and again, and again, and again. However, it can’t go up forever. The stunning seizure of power gives some validation to smaller-pocketed investors, many of whom are encouraging each other on Reddit … Just after markets closed on Jan. 26, Elon Musk tweeted the term used heavily in the Reddit page to refer to GME -- "Gamestonk!!" Why is GameStop stock going up? Reddit board r/wallstreetbets has … The gaming retailer's stock was priced at $91.71 at market close, up … Back in mid-February, those buying the dip in GameStop (NYSE:GME) stock may have seemed a bit foolhardy. What is the endgame for the GameStop Corp. trade? GameStop is up... again, by a lot. This group noticed that short interest for GameStop stock was over 100%. -- and a link to the r/wallstreetbets forum. ... keep it civil and stay on topic. “Bought lots more #GME today, let’s keep fighting ! My options scanner is going bonkers right now with the call volume. GameStop’s stock dropped massively today, going from $325 at the end of last week, to $90 today. If you are long (regular stockholder), then the worst that can happen is the shares go to $0.00 and they are worthless. Reddit frenzy pumps up Dogecoin, a cryptocurrency started as a joke Published Thu, Jan 28 2021 11:15 PM EST Updated Fri, Jan 29 2021 3:36 PM EST Arjun Kharpal @ArjunKharpal Shares of GME jumped from around $104 at the beginning of March, to a high around $347 on March 10, just before rapidly giving up a third of … ... Let me start with this before going any further. GME stock likely isn’t going up any further, at least not in the near term. Got this old Skool stang in my garage, and 50,000 copies of the title, ready to sell it 50,000 times, will never deliver it since the titles are synthetic. Yes. What sets this case apart is all the communication going on between investors on Reddit, as they goad each other to push GameStop higher, said Chester Spatt, a … GameStop stock is on the rise, and a Reddit group called WallStreetBets is at the heart of an unusual meteoritic rise in price. What Could Keep the Momentum Going. $GME is going back up... Right? Eek. Need some confirmation on this. I could sell for a 5-10% gain right now. I don't want to but if it keeps going down I'll probably regret it. I keep hearing it'll go back up tomorrow. Is this true? Why? Regulators are likely to explore whether Reddit was used in a similar way, after thousands of messages hyped up the stock and urged other investors to … I … If you are short, the price can keep going up beyond your ability to buy the shares back and return them to … ... And the stock keeps going up and up and up. Retail traders have trounced Wall Street in just a few weeks, banding together on Reddit to shore up prices of some of the most hated stocks like GameStop GME, and AMC.As a … What is going down with GME isn’t much different with what happened in 2008. After whipping up a market frenzy in stocks for GameStop and BlockBuster, Redditors are on a new mission: to get joke cryptocurrency Dogecoin to $1 a coin. Accountability. Shares of the new WSB plaything were up more than 200% Wednesday after members of the Reddit board and investors on Robinhood were touting the stock. Got this old Skool stang in my garage, and 50,000 copies of the title, ready to sell it 50,000 times, will never deliver it since the titles are synthetic. GameStop shares surged this week, in large part due to a group of traders teaming up on Reddit. "IM NOT SELLING THIS UNTIL AT LEAST $1000+ GME BUCKLE THE FUCK UP" was the title of a top post on the subreddit on Monday, from the user dumbledoreRothIRA. Other users then vote the submission "up" or "down", which is used to rank the post and determine its position on the site's pages and front page. Like Bitcoin, Tesla, and the SPAC IPO, the Reddit forum r/wallstreetbets grew exponentially in 2020.In the first weeks of 2021, it discovered just how strong it's … Following the Reddit hype, Julie Hembeck, a physics and math tutor in Huntingtown, Maryland, scooped up one share of GameStop last Wednesday, knowing that she could lose money. Yes. Forget GME and Dogecoin -- Buy These Space Companies That Are Literally Going to the Moon Reddit is too busy trying to send meme stocks to … Reddit's WallStreetBets hit by bots 05:49. … !,” wrote one Reddit user Fundssqueezzer, while another user Responsible_Fun6255 said, “Rise of the planet of the ape: GME … The WallStreetBets investors see the moves as a power grab, taking the market back from the institutional investors who have always manipulated money in secret. Timeline. Reddit is a social news and entertainment website where registered users submit content in the form of either a link or a text ("self") post. History suggests that no stock can go up forever, and over time, stock prices generally reflect the expected future earnings of corporations. AMC share price: How AMC Entertainment stock value was driven up by the Reddit GME ‘short squeeze’ The Reddit community which sent GameStop’s share price to the moon is now going … But heavily shorted stocks could wind up rallying again. Shares of AMC … Getty Images / Corbis News. The drop comes after Reddit’s WallStreetBets community boosted the stock to … The serious money in finance comes from the opposite of shorting—the “long” bets that prices will keep going up. GME and AMC have experienced major short squeezes and it looks like REV may be next do to the high short interest, Low Float, and huge accumulation. The people who bought the stock did better—they’re up 655%—but of course they were right; the stock went up. GameStop, the video game retailer, is expected to lose money this year and next year, but shares are up more than 380% so far in 2021, including a … GME is more than 2000% above its 200-day simple ... not Reddit, is pumping BCRX. The short percent is above 100% so most of those stocks are shorted. GameStop stock dropped a bit Thursday, but it’s still up nearly 1000% in 2021. Around this time, a Reddit handle surfaced that has become the de facto champion of the WSB bull case on GME, a user going by DeepF-----gValue -- name edited for content -- … GameStop (GME) closed the most recent trading day at $180.01, moving +1.82% from the previous trading session. Reddit, short squeezes, margin trading: Here's an explanation of what's going on. GameStop, the video game retailer, is expected to lose money this year and next year, but shares are up more than 380% so far in 2021, including a … When GameStop’s stock price fell by over 50 percent on Tuesday, closing at $90, we weren’t sure if it was going to pick back up or keep going down.It seems we now have our answer, as GME … But the crypto coin took a significant drop on May 9, hitting just $0.43, but what is Dogec… GME share price explained: Why GameStop stock value has increased again a month after Reddit ‘short squeeze’ The stock closed at $265 on Wednesday after a … The WallStreetBets investors see the moves as a power grab, taking the market back from the institutional investors who have always manipulated money in secret. My 4 shares gonna moon. Its probably going higher. GameStop soared 91% on Tuesday as retail traders continue to defy short-sellers. Basically, when the Redditors pushed GameStop’s stock up, all the hedge funds rushed to exit and sell off their shorts before losing too much money. Why GameStop? GameStop (GME) has been identified by hedge fund investors as a good short opportunity, as a stock in decline with no sign of rising anytime soon. steve huffman. In a Reddit post last week, a day trader who helped push GameStop Corp. shares to record highs said he stopped by his local store to hand out $100 bills to … In fact, on Tuesday Mark Cuban urged members of Reddit's WallStreetBets community to stay the course with stocks like GameStop. DOGECOIN recently hit its all-time high prince as interest in the “joke” cryptocurrency grew. Everyone knows this. Reddit traders who have successfully profited off GameStop (GME) stock are now turning their attention to struggling movie theater chain AMC. As GameStop foundered, some analysts suggested short-selling the stock to profit off the price going down. TL;DR = just another GME mooning post, but hopefully explained in a more noob way, cuz im noob TLDRTLDR = . ... What makes this roller coaster unusual is why the Reddit community is buying up GameStop shares. So the professional investors tried to make money off GME’s decline by borrowing the stock, selling it high, buying it back low, and pocketing the difference, minus the fees to borrow the stock. Lots of investors tried to short-sell the stock. This is where they will be forced to exit their short position and rapidly buy back the shares. Investors borrowed shares of GME and then sold them in … Let’s back up a bit to go over the basics of what is going on here. Investors on Reddit have launched an attack that’s both trolling and serious on Wall Street firms by purchasing shares in GameStop, pushing the stock price up over 480% in a week, costing hedge funds millions of dollars, and skyrocketing young investors’ portfolios and egos.
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