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re: GME is going wild because Roaring Kitty posted a photo on X after 3 years of silence
Posted on 5/17/24 at 9:43 am to MusclesofBrussels
Posted on 5/17/24 at 9:43 am to MusclesofBrussels
quote:
He's part of a weird Reddit conspiracy theory group focused on this one stock and has just repeated their talking points over and over in this thread. They literally believe that GME will go over a million a share if they just hold long enough.
Look at the user name. He thinks he’s entitled to be rich but doesn’t want to / know how to put in the work, so he puts all his hopes on get rich quick schemes, and when they don’t pan out, it’s a deep state conspiracy to rob patriots like himself. .. not that I have a problem with getting rich off a flukey meme stock per se.
This post was edited on 5/17/24 at 10:10 am
Posted on 5/17/24 at 12:39 pm to REG861
Don't you know everybody who posts here and on the OT is already rich?
Posted on 5/17/24 at 1:21 pm to PetroBabich
Looks like it is coiling for another big run intraday.
This post was edited on 5/17/24 at 1:23 pm
Posted on 5/18/24 at 7:04 pm to stout
Do we need to do a welfare check on Ghost? Haven't seen him in a few days it seems.
Posted on 5/18/24 at 9:46 pm to saint tiger225
Maybe he finally cashed out his millions
Posted on 5/18/24 at 10:06 pm to UltimaParadox
Must be lurking here already down voted me... Good luck pal
Posted on 5/18/24 at 10:27 pm to UltimaParadox
I don't think people like him cash out. They just like creating more exit liquidity for others.
At this point, I've just assumed roaring kitty bought a bunch of calls before he tweeted again and is probably laughing, along with Ryan Cohen, at all the people who still think this is going to moon while they simultaneously stick it to the man.
At this point, I've just assumed roaring kitty bought a bunch of calls before he tweeted again and is probably laughing, along with Ryan Cohen, at all the people who still think this is going to moon while they simultaneously stick it to the man.
Posted on 5/19/24 at 7:47 am to saint tiger225
quote:
don't think people like him cash out. They just like creating more exit liquidity for others.
Should have put the sarcasm warning in my post. Ghost is the average conspiracy theory bag holder, he probably had less than a grand invested to begin with
This post was edited on 5/19/24 at 7:48 am
Posted on 5/19/24 at 7:57 am to UltimaParadox
Sad part is he probably increased his buy rate as the price rose.
Posted on 5/19/24 at 2:12 pm to lsuconnman
GameStop didn't issue new shares. They stated they want to "shelve" 45 million shares. They can sell these anytime, but the speculation is they would want to sell these during a squeeze to add a lot of more operating capital.
They did the same in December of 2020. The mini squeeze was in January 2021.
It is AMC that endlessly dilutes for no real reason other than to keep a squeeze from apparently happening and to pocket CEO AA more cash.
They did the same in December of 2020. The mini squeeze was in January 2021.
It is AMC that endlessly dilutes for no real reason other than to keep a squeeze from apparently happening and to pocket CEO AA more cash.
Posted on 5/19/24 at 2:14 pm to REG861
Game stop isn't a "meme" stock, but you go on with your silly mockery. I don't care. I am having the time of my life.
Posted on 5/19/24 at 2:17 pm to saint tiger225
Had a couple of family members in hospital. One for planned surgery, she is fine. The other - not close - is about to be taking off life support. Prayers for those who are close to that dude. It is sad.
Anyway, Monday -> should be interesting. I doubt if it will be close to last week. That volume was SICK!
Anyway, Monday -> should be interesting. I doubt if it will be close to last week. That volume was SICK!
Posted on 5/19/24 at 2:18 pm to UltimaParadox
quote:
already down voted me
I don't think that was me. lol
Posted on 5/19/24 at 2:20 pm to JohnnyKilroy
quote:
Sad part is he probably increased his buy rate as the price rose.
Nah, I didn't buy any last week. One of my kids did sell some in the 70s and bought back in around 20. I am happy for him. Slick move.
Posted on 5/19/24 at 7:43 pm to GhostOfFreedom
Bought $27 puts I cashed on Friday, bought fwd $18 puts so let the slaughter continue.
Posted on 5/19/24 at 9:13 pm to TJG210
Don't really know what it means, but the 24 hour trading (Robinhood) has a million volume and up to $24.40 tonight.
That volume is nuts.
That volume is nuts.
Posted on 5/19/24 at 11:25 pm to GhostOfFreedom
quote:
That volume is nuts.
lol you have no idea what you’re talking about
A million shares is nothing, 10 day average volume is almost 80 million…..on Friday volume was 96 million.
Overnight/pre-market trading with light volume is a pretty poor indicator generally.
quote:
Don't really know what it means, but the 24 hour trading (Robinhood) has a million volume and up to $24.40 tonight.
I have until Friday for it to crater some more.
Posted on 5/20/24 at 6:32 am to GhostOfFreedom
quote:
GameStop didn't issue new shares. They stated they want to "shelve" 45 million shares. They can sell these anytime, but the speculation is they would want to sell these during a squeeze to add a lot of more operating capital.
They are prepared to increase their outstanding shares. It is the opposite of a share buy back. It dilutes current shareholders.
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