OT Gamestop: Wall Street + Animal House?

Discussion in 'Blazers OT Forum' started by wizenheimer, Jan 27, 2021.

  1. speeds

    speeds $2.50 highball, $1.50 beer Staff Member Administrator GFX Team

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    I'm too dumb to sell at $200.
     
  2. donkiez

    donkiez Well-Known Member

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    Dumb like a fox!
     
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  3. Natebishop3

    Natebishop3 Don't tread on me!

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    I still have one share on my wifes account.

    But my average cost per share on my account was 199 and I think I sold for $200 even. I'm gonna be honest, there's no fucking way the powers that be will ever let this thing reach the silly numbers that people are throwing out. It might hit 1k per share but anything above that I would be shocked. It could crash the market.
     
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  4. donkiez

    donkiez Well-Known Member

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    I feel like people are starting to seriously anticipate the stimulus and it's stopped the overall sell off. I could see GME catching some wind up to another peak of $500 once all the kids get their money.
     
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  5. Natebishop3

    Natebishop3 Don't tread on me!

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    I want to buy back in if it gets back down to like $150.
     
  6. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Market is risky, after this stimmy money euphoria hits people spend a bit, I'm thinking it crashes hard unless there is some FED action.
     
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  7. donkiez

    donkiez Well-Known Member

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    I'm done with gme but I wish it the best. I got a little carried away and lost some money and now I'm extra annoyed I didn't buy when roaring kitty did at 40 because it seems so obvious now.
     
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  8. Natebishop3

    Natebishop3 Don't tread on me!

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    I was really thinking about buying some more when it dropped that low and I waited too long.
     
  9. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Yeah, I bought enough last week for this week and the week after. Probably gonna chill maybe trade if anything pops off.
     
  10. donkiez

    donkiez Well-Known Member

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    It's party time!

    This feels different than the huge day last Monday. I think the stimulus rally has begun.
     
  11. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Yup, I was up 4% yesterday and today, hopefully we take off soon.
     
  12. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    Hello darkness, my old friend
    Biden's taking you guys to the moon.
     
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  13. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Spaceship's crashed to Earth and ready for re-launch. I doubt it will be crazy though.

    The positions I took are ones that are gambles from the start, they aren't the S&P. Won't expect this rally to sustain for more than 2-3 months absent some heavy life preservers from the FED.
     
  14. Natebishop3

    Natebishop3 Don't tread on me!

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    I sold too soon :(
     
  15. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    WE TOLD U TO RIDE IT OUT BRO! :NOTMARIS:

    Don't panic sell.
     
  16. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    May look to get out of Virgin Galactic. I should wait until they do a launch to sell, though, but Chamath pulled out last week.
     
  17. Natebishop3

    Natebishop3 Don't tread on me!

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    Meh. I got all my money back. GME is super volatile. It could drop back below $200 again.
     
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  18. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Yeah, on something like that I'd probably just do a stoploss, but you would have probably triggered it anyway due to volatility.
     
  19. Minstrel

    Minstrel Top Of The Pops Global Moderator

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    When GME becomes the next AAPL you'll be sorry.
     
  20. Natebishop3

    Natebishop3 Don't tread on me!

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    I would have. I sold at $200 and it dropped back down to like $180 I think and then went back up. It looked like it was going to go down again. :dunno:
     

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