GameSTONKS Thread - Power to the meme's

[Daydreamer]

One other thing is that wallstreeetbets is over 10 million subs now. Crypto doesn’t have something like this. I basically assume anything I have makes it to front page spam is a pump and dump and play it accordingly and always sell before wsb says it’s done. Sometimes you miss out and it really is just heating up but more often than not holding til the target date costs you.

[archibaldcrane]

But like, the OG memestock GME is still over 300! Where's the dump?

[Tokitoki]

I should have taken my own advice and picked up WISH today rather than CLOV, but I put in my max for the time being.

[Daydreamer]

But like, the OG memestock GME is still over 300! Where's the dump?

It’s dumped a few times, such as when it went to $50. The rise to 300 has been relatively slow since it shot back up to 150 ish. Juuuust enough to lure people into buying high IV weekly calls with insane premiums. WSB plays at their core are all about playing options via the momentum and the dump is whenever the momentum dies.

Edit: also I know you were being sarcastic but I think often people don’t realize what I just said.

[Daydreamer]

Since we are here. Anyone have thoughts on this? https://www.reddit.com/r/wallstreetb...ck_is_cooking/ I’m probably going to exit clov and at least half of wish in the morning and put allllll of it in this as a yolo. It’s on the front page of wsb with not many other mentions.

[Boyiee]

dude netted me $2200 on paper today so shout out

wish I had gone all in with the $15k in cash in my eTrade instead of just $6500.

Yeah I considered buying a few thousand shares yesterday and again today but my wife reminded me something that everyone needs to remember.

Green is green. Don't be greedy. Be grateful.

[Boyiee]

But like, the OG memestock GME is still over 300! Where's the dump?

It's going to be added to the Russell 2000 and go up more lol.

[Boyiee]

My old roommate is getting her mba and before this didn’t know how stocks worked at all.

Her: “I’m in class now and my professor is basically saying you do everything that shouldn’t work.”
Me: sends her photo of like 500% daily gains or whatever crazy meme thing is happening that day.

I used to work on wall street and it's legit backwards from what I was taught.

[Boyiee]

Since we are here. Anyone have thoughts on this? https://www.reddit.com/r/wallstreetb...ck_is_cooking/ I’m probably going to exit clov and at least half of wish in the morning and put allllll of it in this as a yolo. It’s on the front page of wsb with not many other mentions.

PASS

[Boyiee]

So what's been happening since the gme gamma squeeze in January has been a major infiltration on WSB and a lot of shilling. There's actual illegal activity taking place with accounts posting their positions and writing a ton of calls, calling it DD, and selling their bogus shit to people and bailing. There's a lot of real investment companies trying to get people off the meme stocks and onto something else to recover losses. GME skyrocketing? Push AMC, recoup some GME shorts. AMC popping now? Push CLOV, and so on. RKT was another big one. You can easily make a 20-100% day on shares alone but it's going to have the rug pulled out quickly. GME and AMC are the only ones so far going against the grain and actually being held instead of totally dumped so they are staying flat or slowly going upwards. Even Portnoy saw that when spy was down, GME was green.

Don't yolo, be careful with calls, only invest (if you wanna call it that) what you're willing to lose. Get out any time, don't bag hold, but stay long enough to see what happens.

[Boyiee]

Another strategy is to put money where sirjackalot is putting his.

I think he made 10mil this week.

[Obsidian]

Who the heck is sirjackalot?

[Daydreamer]

PASS

I shall follow this advice. I was a little iffy on it and was a little worried it was a longshot yolo. Thanks.

[Boyiee]

Who the heck is sirjackalot?

Some big dick on Wall Street bets.

[Daydreamer]

Did some googling because of that and eventually found this https://drive.google.com/file/d/1Fze...s1ppri2Mv/view apparently clf is this guys next play.

[Sho]

So what's been happening since the gme gamma squeeze in January has been a major infiltration on WSB and a lot of shilling. There's actual illegal activity taking place with accounts posting their positions and writing a ton of calls, calling it DD, and selling their bogus shit to people and bailing. There's a lot of real investment companies trying to get people off the meme stocks and onto something else to recover losses. GME skyrocketing? Push AMC, recoup some GME shorts. AMC popping now? Push CLOV, and so on. RKT was another big one. You can easily make a 20-100% day on shares alone but it's going to have the rug pulled out quickly. GME and AMC are the only ones so far going against the grain and actually being held instead of totally dumped so they are staying flat or slowly going upwards. Even Portnoy saw that when spy was down, GME was green.

Don't yolo, be careful with calls, only invest (if you wanna call it that) what you're willing to lose. Get out any time, don't bag hold, but stay long enough to see what happens.

Kinda figured this was exactly what was going on, aside from CLOV and a few other "memestocks". I got lucky with a $500 investment on GME JUST as it skyrocketed, then bailed quick. Took the $3500 or so gains at the time and put into DOGE at like .06. Moved the now 10k from DOGE to mostly AMC (and CLOV) once it started to take off. Now sitting at nearly 32~35k and wondering if I should exit AMC or split some more off.

GME continuing move up despite a flattening AMC is very interesting to me -- makes me wonder if hedge funds are keeping it in a holding pattern and/or playing chicken with $AMC stonk people with whenever it tests 60 until next week. Thanks to your post, I'll likely just see what happens next week Friday then bounce either way.

[Boyiee]

Did some googling because of that and eventually found this https://drive.google.com/file/d/1Fze...s1ppri2Mv/view apparently clf is this guys next play.

Think I lost 8k cause of that Steel/MT shill lol.

WOW LOOK AT THIS DD MUST BE RIGHT

[Daydreamer]

Think I lost 8k cause of that Steel/MT shill lol.

WOW LOOK AT THIS DD MUST BE RIGHT

Another strategy is to put money where sirjackalot is putting his.

I think he made 10mil this week.

https://www.reddit.com/r/Vitards/com...v_tendies_and/

Just following your suggestion.

[Salodin]

I should have just held the call overnight. Wish, clne, and clov doing better than closing...

Sent from my SM-G996U using Tapatalk

[Tokitoki]

If you are still holding, keep an eye on it. These 2nd/3rd round meme stonks make me nervous.