STILL N OF PIKE Posted January 26, 2021 Share Posted January 26, 2021 2 hours ago, STILL N OF PIKE said: Game stop (GME) 94 to 114 in last 12 mins (appears that it got halted) 148 91k in call options w 200 Strike exp Friday !!! Link to comment Share on other sites More sharing options...
NorEastermass128 Posted January 26, 2021 Share Posted January 26, 2021 6 minutes ago, STILL N OF PIKE said: 148 91k in call options w 200 Strike exp Friday !!! Geez! So crazy. Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted January 26, 2021 Share Posted January 26, 2021 56 minutes ago, NorEastermass128 said: Geez! So crazy. 193 after hours The WSB crew has a disdain for Wall Street and the way they have been bailed out and deemed too big to fail, It’s sort of a vote against “biz as usual of the 1% always making out “ they want to bring the casino down and profit along the way if they can . Sort of watching in awe , and hoping they don’t cause some sort of contagion Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted January 26, 2021 Share Posted January 26, 2021 1 hour ago, STILL N OF PIKE said: 193 after hours The WSB crew has a disdain for Wall Street and the way they have been bailed out and deemed too big to fail, It’s sort of a vote against “biz as usual of the 1% always making out “ they want to bring the casino down and profit along the way if they can . Sort of watching in awe , and hoping they don’t cause some sort of contagion BB is next. Link to comment Share on other sites More sharing options...
Lava Rock Posted January 26, 2021 Share Posted January 26, 2021 148 91k in call options w 200 Strike exp Friday !!!That's just nuts. Wish I bought that one. 228 in AH Sent from my Pixel 4a using Tapatalk Link to comment Share on other sites More sharing options...
Supernovice Posted January 27, 2021 Share Posted January 27, 2021 1 hour ago, HIPPYVALLEY said: BB is next. Watch AMC, my fun $$ is going there at the open. Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted January 27, 2021 Share Posted January 27, 2021 2 hours ago, HIPPYVALLEY said: BB is next. BB and BBBY , AMC went for a ride as well after hours It seems like this group may contribute to some broad market instability soon , bc really ..what is their end game and they are sort of undermining some may say (illuminating) a sort of broken mechanism regarding pricing ..which is the basis of the entire market..but the thing is people are jumping on to this and it’s gaining steam as long as they are successful A brief rug pull might be needed by end of week 1 Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted January 27, 2021 Share Posted January 27, 2021 13 minutes ago, Supernovice said: Watch AMC, my fun $$ is going there at the open. Amc nearly doubled after hours ..on 135Mil volume ! This is the most speculative thing since ... the tulip bubble ? Lol Link to comment Share on other sites More sharing options...
Supernovice Posted January 27, 2021 Share Posted January 27, 2021 8 minutes ago, STILL N OF PIKE said: Amc nearly doubled after hours ..on 135Mil volume ! Lol absolutely love it. I need to tell my grandkids I took part in the great hedge fund reckoning of 2021 1 Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted January 27, 2021 Share Posted January 27, 2021 6 minutes ago, Supernovice said: Lol absolutely love it. I need to tell my grandkids I took part in the great hedge fund reckoning of 2021 It is going to be ugly but like Pike said a few days ago, TPTB can’t let it all crash at once. Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted January 27, 2021 Share Posted January 27, 2021 33 minutes ago, HIPPYVALLEY said: It is going to be ugly but like Pike said a few days ago, TPTB can’t let it all crash at once. The money is mind boggling I mean 2 weeks ago GTE was trading around 20$ and if you wanted call options expiring 1/29 with a strike price of 60$ it would have cost you like .30 or 30$ per lot . NOW that same 30$ option with 100 strike price is worth 10,000$ Or so (as GME is at 225 ) Some of those people bought hundreds of those I am a little concerned about this snowballing into something more broadly destabilizing but not terribly so (Currently) ..would make a nice black swan-but I would guess we will see a pull back at SP around 3920 if not sooner that may cut the speculative legs out.from WSBets(and whoever piles on) ..*may Link to comment Share on other sites More sharing options...
Supernovice Posted January 27, 2021 Share Posted January 27, 2021 Citadel/ Point72 buy order flow to front run, Retail creates a short squeeze, Citadel et al buy Melvin for pennies on the dollar. Citadel/Point72 make out x2. Good business to be in. Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted January 27, 2021 Share Posted January 27, 2021 44 minutes ago, Supernovice said: Citadel/ Point72 buy order flow to front run, Retail creates a short squeeze, Citadel et al buy Melvin for pennies on the dollar. Citadel/Point72 make out x2. Good business to be in. "The difficulties small-time retail traders face in timing these huge runs is that they don’t have access to the same real-time information that large market makers like Citadel Securities do. In addition, the market makers don’t have to play by the same rules. This is something that traders often don’t understand. There is a market-making exemption for the Citadels and the Two Sigma’s and the Morgan Stanleys and the Goldman Sachs of the world where they don’t have to locate stock to short like you and I would...They have been granted an SEC exemption as market makers from having to locate shares. They can manufacture them." - Jon Quast Sorry no link, pasted from a private site. Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted January 27, 2021 Share Posted January 27, 2021 Just a update that Pfizer said they will be able to deliver a amazing 200 Million doses by end of May (100 million when you consider) the 2 shots ) wow that’s ahead of schedule Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted January 27, 2021 Share Posted January 27, 2021 The odd thing about GME ..is that usually heavily shorted stocks That rise ..see less shorts .)as shorts are forced to cover to avoid potentially infinite losses (as stock rises) ...well with GME As this stock rose from 15 to 60 on Friday and 125-150 Monday am ..more and more huge Wall Street hedge funds and millionaires piled Into NEW massive short positions ..believing this run up had to be over ..usually the winners who bought the stock would sell and book profits (but not so much with Wall Street bets) so selling was minimized and new shorts were maximized as WSB kept bidding up the stock in huge quantities and using massive call options ..the amount of NEW shorts left to Cover can take this stock over 500 if WSB doesn’t fold in morning (I.e book profits and try to sell high . I see them doing this end of week as long as short positions gets much lower Link to comment Share on other sites More sharing options...
Hoth Posted January 27, 2021 Share Posted January 27, 2021 7 hours ago, STILL N OF PIKE said: The odd thing about GME ..is that usually heavily shorted stocks That rise ..see less shorts .)as shorts are forced to cover to avoid potentially infinite losses (as stock rises) ...well with GME As this stock rose from 15 to 60 on Friday and 125-150 Monday am ..more and more huge Wall Street hedge funds and millionaires piled Into NEW massive short positions ..believing this run up had to be over ..usually the winners who bought the stock would sell and book profits (but not so much with Wall Street bets) so selling was minimized and new shorts were maximized as WSB kept bidding up the stock in huge quantities and using massive call options ..the amount of NEW shorts left to Cover can take this stock over 500 if WSB doesn’t fold in morning (I.e book profits and try to sell high . I see them doing this end of week as long as short positions gets much lower Lol, I looked at GME as a cigar butt type stock last year and it didn't pass the sniff test. Guess it falls in the "what could've been" category now. Pretty surreal to watch at any rate. Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted January 27, 2021 Share Posted January 27, 2021 Gme Peaked at 350 last hour 270 now , may go higher as the group chastised any who sell and book profits lol market spooked this am , vix spike , SP 500 falling To 3815 which is a support level FB & MSFT had beat on earnings Link to comment Share on other sites More sharing options...
Hoth Posted January 27, 2021 Share Posted January 27, 2021 15 minutes ago, STILL N OF PIKE said: Gme Peaked at 350 last hour 270 now , may go higher as the group chastised any who sell and book profits lol market spooked this am , vix spike , SP 500 falling To 3815. FB & MSFT had beat on earnings You wonder if some institutions that are short these in-play names are getting forced to sell some of their longs. 1 Link to comment Share on other sites More sharing options...
STILL N OF PIKE Posted January 27, 2021 Share Posted January 27, 2021 32 minutes ago, Hoth said: You wonder if some institutions that are short these in-play names are getting forced to sell some of their longs. Good point , I think it’s a bit more . SP may sink fast if it stays below 3815. Maybe Jay Powell can save the day Link to comment Share on other sites More sharing options...
Lava Rock Posted January 27, 2021 Share Posted January 27, 2021 57 minutes ago, STILL N OF PIKE said: Gme Peaked at 350 last hour 270 now , may go higher as the group chastised any who sell and book profits lol market spooked this am , vix spike , SP 500 falling To 3815 which is a support level FB & MSFT had beat on earnings I only have $1000 in trading acct to play with. Everything else is tied up. Not sure I'd play GME at this point Link to comment Share on other sites More sharing options...
dryslot Posted January 27, 2021 Share Posted January 27, 2021 23 hours ago, tamarack said: He might not have reached kindergarten when the Pack beat KC. (Back when the SB tickets started at about about $10 and the stadium was half full.) I was actually 10 yrs old............... 1 Link to comment Share on other sites More sharing options...
HoarfrostHubb Posted January 27, 2021 Share Posted January 27, 2021 Buying GameStop and AMC is funny. Neat experiment though. Gambling and seeing who blinks first 1 Link to comment Share on other sites More sharing options...
Whineminster Posted January 27, 2021 Share Posted January 27, 2021 6 minutes ago, Lava Rock said: I only have $1000 in trading acct to play with. Everything else is tied up. Not sure I'd play GME at this point eh. I'm putting $200 in, why not. BB and AMC next, I'll buy some late morning. The tide is still rising on this I feel. Link to comment Share on other sites More sharing options...
Lava Rock Posted January 27, 2021 Share Posted January 27, 2021 5 minutes ago, Whineminster said: eh. I'm putting $200 in, why not. BB and AMC next, I'll buy some late morning. The tide is still rising on this I feel. you assuming a pullback? Link to comment Share on other sites More sharing options...
Whineminster Posted January 27, 2021 Share Posted January 27, 2021 47 minutes ago, Lava Rock said: you assuming a pullback? somewhat, things been going crazy over night. N of Pike would know better than me. Link to comment Share on other sites More sharing options...
Hoth Posted January 27, 2021 Share Posted January 27, 2021 7 minutes ago, Whineminster said: somewhat, things been going crazy over night. N of Pike would know better than me. I looked at AMC yolo calls yesterday morning and didn't pull the trigger. The March expiration $6 strike was like a buck. Oh well lol. 1 Link to comment Share on other sites More sharing options...
Whineminster Posted January 27, 2021 Share Posted January 27, 2021 14 minutes ago, Hoth said: I looked at AMC yolo calls yesterday morning and didn't pull the trigger. The March expiration $6 strike was like a buck. Oh well lol. I can't stand that r/wallstreetbets page....it's just a bunch of idiots posting rockets and moons....with very sparse meaningful information. 1 Link to comment Share on other sites More sharing options...
Supernovice Posted January 27, 2021 Share Posted January 27, 2021 Into amc at 15.50. Now it’s halted. Never has there been a worse investment thesis. 2 Link to comment Share on other sites More sharing options...
Hoth Posted January 27, 2021 Share Posted January 27, 2021 9 minutes ago, Supernovice said: Into amc at 15.50. Now it’s halted. Never has there been a worse investment thesis. Looks like most of the normal retail brokerage platforms went down. This is getting nuts. Link to comment Share on other sites More sharing options...
Whineminster Posted January 27, 2021 Share Posted January 27, 2021 1 hour ago, Lava Rock said: you assuming a pullback? Lol, see. AMC way down so far. Link to comment Share on other sites More sharing options...
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