Share Picks 2021 - Thread banned users post #1

dan786 wrote: »

Germans bought it at 350$ this morning and bought the price upto to $500 premarket so doubt they will be selling in the morning. They will be buying more to lower their average cost.

The Reddit link explained it well for me.

Its 260 after hours

thomas 123 wrote: »

Word on Reddit is Robinhood is allowing buys tomorrow on GME, if that’s the case we may just be in the money.

If its true that Citadel et al reloaded their shorts during todays no buy shenanigans then this might be too late

Robinhood lifting it's buy ban is driving this way up in after hours trading.

Well done if you got in at close

Robinhood executes transactions through Citadel, apparently.

Citadel are the ones who backed Melvin Capital for $2.75B, which evaporated almost instantly.

What we saw today is literal market manipulation by a company that directly works with a party of interest.

And yet, GME survived this massive short attack. Bodes well for tomorrow. (I sold 95% of my position yesterday, and won't be buying in again. What I've left in is for fun. This is not advice to buy.)

dan786 wrote: »

Shorts have not been covered but they have managed to reduce their losses.

121% latest data? https://finviz.com/quote.ashx?t=gme

Can I suggest we move this whole Gme, amc, nakd stuff into the shorted thread or a new thread ?

https://www.boards.ie/vbulletin/showthread.php?p=116088751

I think this whole gamestop thing is going to keep going on...this thread used to have some good discussion and new stocks to look at, now its just page after page of what price is gme this second.
Just my own thoughts anyway

LC134 wrote: »

But is there not still a substantial amount of uncovered shorts ? The rise in price impacts them no?

dontparkhere wrote: »

Could you explain that one please

There could still be a lot of uncovered shorts, hopefully there is but it sounds like Citadel have extended out their period for when their shorts would be due which means the real criminals in all this may not receive any of the pain if it really does come tomorrow.

daheff wrote: »

So as I understand it Robinhood was going to be IPO'd soon.

After stopping buying GME/AMC today I can see loads of users leaving them.... meaning no point in ipo??

Who would use a platform that won't let you trade what you want to trade.

Anyone that sticks with them after this deserves them.

KilOit wrote: »

Hopefully they go to the wall, what were they thinking

It really sounds like they were in between a rock and a hard place as they do a lot of business with Citadel, but it kinda exposes they dont really believe in what they preach so its hard to feel sorry for them.