From what I've read on r/wallstreetbets is that you have until FRIDAY to buy gamestop stock because it'll keep rising until then as the buying frenzy continues. Friday (specifically the last friday of the month) is when stock shorting contracts come to a close and when the billionaire hedgefund managers who are losing money on this will have to pay up.
Ofc, Wall Street might do some bullshit and have the market shut down by then, so who knows.
Otherwise, once everyone who got 10x ROI cashes out on friday, they'll have so much cash that they can then move on into all the other mass shorted stocks and have the same thing happen all over again!
It's the financial equivalent of saying FUCK YOU to the elites as Trump winning the presidency in 2016
EDIT: the reason GME stock is the big one is because they shorted MORE than 100% of the available stock (because they're greedy fucks) and assuming the gov't doesnt actually stop this whole thing, tomorrow the price WILL go up (probably to $1k+/stock). So if you're feeling like gambling, try to buy some stocks before the market opens. But what the fuck do i know, I'm just someone on the internet.
EDIT 2: Reddit user DeepFuckingValue bought 50k of GME stock ages ago when it was pennies and now has over $50m in share capital and STILL hasn't sold. Dude will need legit protection if/when the elites come after him.
I would highly advise against entering unless you want to be a bag holder though. Theres other stocks that are safer that are also showing short interest. MAC is my play, as it was a play before short interest hit. If ye caught bagholding ye own a reit with a nice dividend.
AMC is looking also as the weaponized autists next target. I bought a smidge today as a "fuck it" play. Worth a dice roll. Other plays include BBBY, BlackBerry, Nok.
Or just buy some shit ye like off the massive dip the market took today, or dca down on current holdings
Thaks Autists, idk what tf is going down tomorrow or in the next wk. MAGA
From what I've read on r/wallstreetbets is that you have until FRIDAY to buy gamestop stock because it'll keep rising until then as the buying frenzy continues. Friday (specifically the last friday of the month) is when stock shorting contracts come to a close and when the billionaire hedgefund managers who are losing money on this will have to pay up. Ofc, Wall Street might do some bullshit and have the market shut down by then, so who knows.
Otherwise, once everyone who got 10x ROI cashes out on friday, they'll have so much cash that they can then move on into all the other mass shorted stocks and have the same thing happen all over again! It's the financial equivalent of saying FUCK YOU to the elites as Trump winning the presidency in 2016
EDIT: the reason GME stock is the big one is because they shorted MORE than 100% of the available stock (because they're greedy fucks) and assuming the gov't doesnt actually stop this whole thing, tomorrow the price WILL go up (probably to $1k+/stock). So if you're feeling like gambling, try to buy some stocks before the market opens. But what the fuck do i know, I'm just someone on the internet.
EDIT 2: Reddit user DeepFuckingValue bought 50k of GME stock ages ago when it was pennies and now has over $50m in share capital and STILL hasn't sold. Dude will need legit protection if/when the elites come after him.
https://financhill.com/most-heavily-shorted-stocks-today
Theres still more legs on it.
I would highly advise against entering unless you want to be a bag holder though. Theres other stocks that are safer that are also showing short interest. MAC is my play, as it was a play before short interest hit. If ye caught bagholding ye own a reit with a nice dividend.
AMC is looking also as the weaponized autists next target. I bought a smidge today as a "fuck it" play. Worth a dice roll. Other plays include BBBY, BlackBerry, Nok.
Or just buy some shit ye like off the massive dip the market took today, or dca down on current holdings
Thaks Autists, idk what tf is going down tomorrow or in the next wk. MAGA