GameSTONKS Thread - Power to the meme's

[Boyiee]

I don't trade on Robin Hood anymore I just use it for the chart and some options sorting.

I think the very bottom was around -90%

[Daydreamer]

I'm guessing your insane spike is GME?

[Boyiee]

I'm guessing your insane spike is GME?

Funny story pretty much the entire chart is actually GME.

[Daydreamer]

Funny story pretty much the entire chart is actually GME.

That's amazing.

[Salodin]

Funny story pretty much the entire chart is actually GME.

You said you lost 85% on something, what choices were that? Lol

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[Boyiee]

Staying in things I was ahead of the game in until after Reddit found out mostly.

[Daydreamer]

It was really easy to lose money on GME before the pop. I bought some options last year with like a november expiration that expired worthless.

[Boyiee]

Should probably bail today.

It's pretty clear what's happening, bots are pushing RKT to force people to roll out of GME. People roll out of GME into RKT. RKT surges and GME falls. People left holding RKT bags and GME dips below 100. Good strategy. People won't be smart enough to get off RKT and the bots are pretty clear in feeding them into staying.

If you're able to day trade or time it will you'll make money in both directions off both. Selling GME at 130 riding RKT to 40 then back into GME on a dip is an easy 75% day just in shares.

¯\_(ツ)_/¯

This is not financial advice but I hope people had their eyes open.

[Daydreamer]

I sold the moment markets opened with my remaining contracts. I went from 500% up to 350% up on that contract so I’m still totally happy with how it turned out in the end.

Also my put is doing work today and should probably make up for that 150% I lost out on.

[Boyiee]

I sold the moment markets opened with my remaining contracts. I went from 500% up to 350% up on that contract so I’m still totally happy with how it turned out in the end.

Also my put is doing work today and should probably make up for that 150% I lost out on.

I was going to buy puts but decided to go cash gang and make a partial withdraw when in it hit 42, I had 1100 shares. Either going back into GME with my balance at or actually diversifying for some peace of mind.

[Daydreamer]

I bought 5 GME yesterday with profits and another 14 june $15 GE calls to bring my total to 30.

[Kaslo]

I need to plan my exit point for CCL... I've made like 45% since I purchased, but looking at pre-pandemic it was normally in the $45-50 range. so it would still have another $15 to get back to normal...

[Daydreamer]

I need to plan my exit point for CCL... I've made like 45% since I purchased, but looking at pre-pandemic it was normally in the $45-50 range. so it would still have another $15 to get back to normal...

Stocks or options? If options, when do they expire?

[Kaslo]

Stocks or options? If options, when do they expire?

Stocks

[Daydreamer]

Stocks

Oh in that case I'd set a trailing limit stop with whatever you're ok losing and set it to expire as far out as you can. If it ever goes X% below the highest point since you bought, it will sell and X is whatever you are comfortable with. If you want to pull out earlier for any reason then just cancel it and sell normally.

[archibaldcrane]

So how long do we think GME can stay above 100 this time?

I just tried to short it but didn't have my eTrade margin account set up.

[Kaslo]

Well $BB sure dumped today lol.

[Daydreamer]

Really starting to seem like GE is a good long term play. Price target was raised recently and it actually had afterhours activity which is realllllllly uncommon for this stock.

[Boyiee]

So how long do we think GME can stay above 100 this time?

I just tried to short it but didn't have my eTrade margin account set up.

GME will dip below 100 again but it's also going to get upwards of 200+ again pretty soon me thinks.

[Boyiee]

If it was going to break 100 it would have been today. There's upcoming catalysts, not a good time to doubt.