BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. | |
Katipo2017
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jonesin
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Pukeko
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MyPillow
Forum Moderator User ID: 78291643 United States 02/10/2021 09:42 AM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. I sold GME early and made a few thousand. I held 1 share for fun. Watched it from 70 to 420 and today.... interesting how you can’t bet against the fed. “I’m the wall that progress ran into" |
siwy
User ID: 50343182 United States 02/10/2021 09:47 AM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. Friends and Family, Quoting: AblePatriot First, I have no financial investment advice to give anyone, if you choose to read this it is for entertainment purposes only. As you know, I have been trading CALL and PUT options since 1995. During this time, you have seen me both make and lose the equivalent of a year’s salary in one day, one time in five minutes. I do not trade for a living, I do it for supplemental income and for the rush. As the saying goes, you cannot fight City Hall and you should not fight the market either. While the Reddit folks did cause a stock short squeeze on GME, they did not hurt Wall Street, in fact they only made Hedge Funds holding GME a lot of revenue and here is why. As the market squeezed the price of GME up traders simply purchased CALLS on GME. Now they held on to their short positions and made obscene money on the CALLS. Many never closed their short positions. They have been driving the stock down ever since, according to the original plan. They even have the media supporting the drive downward with intra-day messages of GME continuously, including misleading reports of late trading surges. I have been trading PUTS for the last week and following the downward trend. Yesterday I made 66.52% on my FEB 6 61 PUTS. Options are highly volatile; they can swing 10%-1000% in a single day. Naked options are the purchase of options with no underlying position in the stock. This is what I trade and I do it based on three things, 1) instinct, 2) information and 3) patterns, I am astute at pattern recognition. In fact I have watched nearly every minute of GME trading for the last eight trading days and many early trading and late trading sessions as well. Here is what will happen with GME next. 1. GME stock will likely bounce higher today on the open 5-10% for a about 15 minutes, but will then immediately trade down below the open. The stock is highly manipulated right now, and WS can control the price for short periods of time, just like they did at the close yesterday when the stock was driven up 6 points in the last minute of trading, only to fall right back down in late trading. (Look at the 1 minute chart.) 2. GME will plunge another 10 points over the next few days and close at around $40. This will likely happen today. The stock will head into the weekend at a severe loss for this week of about 50%, it opened the week at $72 and traded as high as $90. 3. This weekend reality will sink in for retail investors and margin calls will begin for those that bought at the stock during the run up and WS will continue to close its short positions. In fact, the only upward price movement on this stock at all is caused by WS closing short positions. I believe their target price for this stock is $10. The stock has a negative PE, this is a fact. 4. This will drive the price down another $10 this weekend with panic selling. There are patterns in the market that can be spotted, and this is one of them. There will be other patterns ahead including an excessively huge market correction this early spring. My goal is to both provide entertainment and reach astute traders and exchange information. There are other traders on this site, and I wish to exchange ideas and information with them. That is all I have. GME 02/08 Close $50.31 [link to stockcharts.com (secure)] GME is sore subject for me - held 4/16/21 $13 calls that I bought in late Nov for $3.80 each - sold after 5 days for a 30% gain or so... if I held would have profited over $300k vs the $1k or so I pulled out... oy... In any case - value your experience - please tell us more about the big correction you see coming in spring - are you aligned with David Hunters prediction? what do you think will be the trigger for start of the melt down? Cheers! |
Friesian Black Pearl
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The Mad Scientist
User ID: 9628293 United States 02/10/2021 12:53 PM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. Friends and Family, Quoting: AblePatriot First, I have no financial investment advice to give anyone, if you choose to read this it is for entertainment purposes only. As you know, I have been trading CALL and PUT options since 1995. During this time, you have seen me both make and lose the equivalent of a year’s salary in one day, one time in five minutes. I do not trade for a living, I do it for supplemental income and for the rush. As the saying goes, you cannot fight City Hall and you should not fight the market either. While the Reddit folks did cause a stock short squeeze on GME, they did not hurt Wall Street, in fact they only made Hedge Funds holding GME a lot of revenue and here is why. As the market squeezed the price of GME up traders simply purchased CALLS on GME. Now they held on to their short positions and made obscene money on the CALLS. Many never closed their short positions. They have been driving the stock down ever since, according to the original plan. They even have the media supporting the drive downward with intra-day messages of GME continuously, including misleading reports of late trading surges. I have been trading PUTS for the last week and following the downward trend. Yesterday I made 66.52% on my FEB 6 61 PUTS. Options are highly volatile; they can swing 10%-1000% in a single day. Naked options are the purchase of options with no underlying position in the stock. This is what I trade and I do it based on three things, 1) instinct, 2) information and 3) patterns, I am astute at pattern recognition. In fact I have watched nearly every minute of GME trading for the last eight trading days and many early trading and late trading sessions as well. Here is what will happen with GME next. 1. GME stock will likely bounce higher today on the open 5-10% for a about 15 minutes, but will then immediately trade down below the open. The stock is highly manipulated right now, and WS can control the price for short periods of time, just like they did at the close yesterday when the stock was driven up 6 points in the last minute of trading, only to fall right back down in late trading. (Look at the 1 minute chart.) 2. GME will plunge another 10 points over the next few days and close at around $40. This will likely happen today. The stock will head into the weekend at a severe loss for this week of about 50%, it opened the week at $72 and traded as high as $90. 3. This weekend reality will sink in for retail investors and margin calls will begin for those that bought at the stock during the run up and WS will continue to close its short positions. In fact, the only upward price movement on this stock at all is caused by WS closing short positions. I believe their target price for this stock is $10. The stock has a negative PE, this is a fact. 4. This will drive the price down another $10 this weekend with panic selling. There are patterns in the market that can be spotted, and this is one of them. There will be other patterns ahead including an excessively huge market correction this early spring. My goal is to both provide entertainment and reach astute traders and exchange information. There are other traders on this site, and I wish to exchange ideas and information with them. That is all I have. GME 02/08 Close $50.31 [link to stockcharts.com (secure)] It's been going up all day. Up to $55 now. Looks like you may be wrong. At least for now. |
IAFphantom
User ID: 79280478 United States 02/10/2021 12:55 PM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. Friends and Family, Quoting: AblePatriot First, I have no financial investment advice to give anyone, if you choose to read this it is for entertainment purposes only. As you know, I have been trading CALL and PUT options since 1995. During this time, you have seen me both make and lose the equivalent of a year’s salary in one day, one time in five minutes. I do not trade for a living, I do it for supplemental income and for the rush. As the saying goes, you cannot fight City Hall and you should not fight the market either. While the Reddit folks did cause a stock short squeeze on GME, they did not hurt Wall Street, in fact they only made Hedge Funds holding GME a lot of revenue and here is why. As the market squeezed the price of GME up traders simply purchased CALLS on GME. Now they held on to their short positions and made obscene money on the CALLS. Many never closed their short positions. They have been driving the stock down ever since, according to the original plan. They even have the media supporting the drive downward with intra-day messages of GME continuously, including misleading reports of late trading surges. I have been trading PUTS for the last week and following the downward trend. Yesterday I made 66.52% on my FEB 6 61 PUTS. Options are highly volatile; they can swing 10%-1000% in a single day. Naked options are the purchase of options with no underlying position in the stock. This is what I trade and I do it based on three things, 1) instinct, 2) information and 3) patterns, I am astute at pattern recognition. In fact I have watched nearly every minute of GME trading for the last eight trading days and many early trading and late trading sessions as well. Here is what will happen with GME next. 1. GME stock will likely bounce higher today on the open 5-10% for a about 15 minutes, but will then immediately trade down below the open. The stock is highly manipulated right now, and WS can control the price for short periods of time, just like they did at the close yesterday when the stock was driven up 6 points in the last minute of trading, only to fall right back down in late trading. (Look at the 1 minute chart.) 2. GME will plunge another 10 points over the next few days and close at around $40. This will likely happen today. The stock will head into the weekend at a severe loss for this week of about 50%, it opened the week at $72 and traded as high as $90. 3. This weekend reality will sink in for retail investors and margin calls will begin for those that bought at the stock during the run up and WS will continue to close its short positions. In fact, the only upward price movement on this stock at all is caused by WS closing short positions. I believe their target price for this stock is $10. The stock has a negative PE, this is a fact. 4. This will drive the price down another $10 this weekend with panic selling. There are patterns in the market that can be spotted, and this is one of them. There will be other patterns ahead including an excessively huge market correction this early spring. My goal is to both provide entertainment and reach astute traders and exchange information. There are other traders on this site, and I wish to exchange ideas and information with them. That is all I have. GME 02/08 Close $50.31 [link to stockcharts.com (secure)] It's been going up all day. Up to $55 now. Looks like you may be wrong. At least for now. Gamestop lost over a billion last year. They are the equivalent of blockbuster. |
Donald Trumpkin
User ID: 47047476 United States 02/10/2021 01:21 PM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. Friends and Family, Quoting: AblePatriot First, I have no financial investment advice to give anyone, if you choose to read this it is for entertainment purposes only. As you know, I have been trading CALL and PUT options since 1995. During this time, you have seen me both make and lose the equivalent of a year’s salary in one day, one time in five minutes. I do not trade for a living, I do it for supplemental income and for the rush. As the saying goes, you cannot fight City Hall and you should not fight the market either. While the Reddit folks did cause a stock short squeeze on GME, they did not hurt Wall Street, in fact they only made Hedge Funds holding GME a lot of revenue and here is why. As the market squeezed the price of GME up traders simply purchased CALLS on GME. Now they held on to their short positions and made obscene money on the CALLS. Many never closed their short positions. They have been driving the stock down ever since, according to the original plan. They even have the media supporting the drive downward with intra-day messages of GME continuously, including misleading reports of late trading surges. I have been trading PUTS for the last week and following the downward trend. Yesterday I made 66.52% on my FEB 6 61 PUTS. Options are highly volatile; they can swing 10%-1000% in a single day. Naked options are the purchase of options with no underlying position in the stock. This is what I trade and I do it based on three things, 1) instinct, 2) information and 3) patterns, I am astute at pattern recognition. In fact I have watched nearly every minute of GME trading for the last eight trading days and many early trading and late trading sessions as well. Here is what will happen with GME next. 1. GME stock will likely bounce higher today on the open 5-10% for a about 15 minutes, but will then immediately trade down below the open. The stock is highly manipulated right now, and WS can control the price for short periods of time, just like they did at the close yesterday when the stock was driven up 6 points in the last minute of trading, only to fall right back down in late trading. (Look at the 1 minute chart.) 2. GME will plunge another 10 points over the next few days and close at around $40. This will likely happen today. The stock will head into the weekend at a severe loss for this week of about 50%, it opened the week at $72 and traded as high as $90. 3. This weekend reality will sink in for retail investors and margin calls will begin for those that bought at the stock during the run up and WS will continue to close its short positions. In fact, the only upward price movement on this stock at all is caused by WS closing short positions. I believe their target price for this stock is $10. The stock has a negative PE, this is a fact. 4. This will drive the price down another $10 this weekend with panic selling. There are patterns in the market that can be spotted, and this is one of them. There will be other patterns ahead including an excessively huge market correction this early spring. My goal is to both provide entertainment and reach astute traders and exchange information. There are other traders on this site, and I wish to exchange ideas and information with them. That is all I have. GME 02/08 Close $50.31 [link to stockcharts.com (secure)] Great call. It’s up 22% since you posted this bullshit Jesus Saves |
szlachta
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Goldschlager
User ID: 80034736 United States 02/10/2021 01:42 PM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. everyone knows game stop is worthless right? they will be gone by summer.... People now download all the games... I used to go gs all the time....for the kids... But with these silly mask thing,and most games they do not have ... While you can go download anygame you want....in a matter of an hour...or so... Why go to a GS ?? no need too.....none.... Revelation 21:8 "But as for the cowardly, the faithless, the detestable, as for murderers, the sexually immoral, sorcerers, idolaters, and all liars, their portion will be in the lake that burns with fire and sulfur, which is the second death. |
AblePatriot
(OP) User ID: 79104925 United States 02/10/2021 01:47 PM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. Fidelity Cashes In Most of GameStop Stake Firm sold nearly all positions in GameStop last month, ending run as volatile stock’s largest shareholder By Justin Aaer Feb. 10, 2021 1:07 pm ET Fidelity Investments sold nearly all of its positions in GameStop Corp. last month, just as shares of the videogame retailer were surging. Fidelity’s GameStop stake dropped to 87 shares on Jan. 29 from 9.3 million shares, or 13% of the company, on Dec. 31, according to securities filings. The sales ended Fidelity’s run as the volatile stock’s largest shareholder. It has been an eventful year for GameStop and its investors. [link to www.wsj.com (secure)] AP ----- 'Liberation is imminent' #NCSWIC #WW1GWGA |
Anonymous Coward User ID: 51830532 United States 02/10/2021 01:58 PM Report Abusive Post Report Copyright Violation | |
Relik
User ID: 73630090 United States 02/10/2021 04:45 PM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. Twitter (TWTR) lost over a billion dollars last year as well, yet they are worth $53.9 billion. This is clown world where a homeless man could IPO a cardboard box company for $1 billion because the Federal Reserve would prevent it from crashing. |
AblePatriot
(OP) User ID: 79789316 United States 02/10/2021 05:15 PM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. Friends and Family, Quoting: AblePatriot First, I have no financial investment advice to give anyone, if you choose to read this it is for entertainment purposes only. As you know, I have been trading CALL and PUT options since 1995. During this time, you have seen me both make and lose the equivalent of a year’s salary in one day, one time in five minutes. I do not trade for a living, I do it for supplemental income and for the rush. As the saying goes, you cannot fight City Hall and you should not fight the market either. While the Reddit folks did cause a stock short squeeze on GME, they did not hurt Wall Street, in fact they only made Hedge Funds holding GME a lot of revenue and here is why. As the market squeezed the price of GME up traders simply purchased CALLS on GME. Now they held on to their short positions and made obscene money on the CALLS. Many never closed their short positions. They have been driving the stock down ever since, according to the original plan. They even have the media supporting the drive downward with intra-day messages of GME continuously, including misleading reports of late trading surges. I have been trading PUTS for the last week and following the downward trend. Yesterday I made 66.52% on my FEB 6 61 PUTS. Options are highly volatile; they can swing 10%-1000% in a single day. Naked options are the purchase of options with no underlying position in the stock. This is what I trade and I do it based on three things, 1) instinct, 2) information and 3) patterns, I am astute at pattern recognition. In fact I have watched nearly every minute of GME trading for the last eight trading days and many early trading and late trading sessions as well. Here is what will happen with GME next. 1. GME stock will likely bounce higher today on the open 5-10% for a about 15 minutes, but will then immediately trade down below the open. The stock is highly manipulated right now, and WS can control the price for short periods of time, just like they did at the close yesterday when the stock was driven up 6 points in the last minute of trading, only to fall right back down in late trading. (Look at the 1 minute chart.) 2. GME will plunge another 10 points over the next few days and close at around $40. This will likely happen today. The stock will head into the weekend at a severe loss for this week of about 50%, it opened the week at $72 and traded as high as $90. 3. This weekend reality will sink in for retail investors and margin calls will begin for those that bought at the stock during the run up and WS will continue to close its short positions. In fact, the only upward price movement on this stock at all is caused by WS closing short positions. I believe their target price for this stock is $10. The stock has a negative PE, this is a fact. 4. This will drive the price down another $10 this weekend with panic selling. There are patterns in the market that can be spotted, and this is one of them. There will be other patterns ahead including an excessively huge market correction this early spring. My goal is to both provide entertainment and reach astute traders and exchange information. There are other traders on this site, and I wish to exchange ideas and information with them. That is all I have. GME 02/08 Close $50.31 [link to stockcharts.com (secure)] Great call. It’s up 22% since you posted this bullshit Sure it is. AP ----- 'Liberation is imminent' #NCSWIC #WW1GWGA |
AkashicRecord®
User ID: 73063316 United States 02/10/2021 05:34 PM Report Abusive Post Report Copyright Violation | |
IRCO
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DarkStalker74
User ID: 22067365 United States 02/10/2021 06:35 PM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. I'm seeing a lot of "I took profit", "I cashed out before the crash" in this thread... So, it wasn't about "sticking it to the man" by buying GME? It's still all just about quick profits, right? Not that there's anything wrong with that. It's just that the media was painting the WallStreetBets crowd as heroes and anarchists... they are just profit sharks, like everyone else. In the end, no one give two fucks about GameStop or really fucking up Wall Street. Everyone just wants to make sure they don't get burned... |
FightForTrump!
User ID: 79684852 United States 02/10/2021 07:03 PM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. You trade on "intuition"? So you must a a technical trader! LOL. Do yourself a favor and keep your day job. 1 Corinthians 6:9-10 ESV Or do you not know that the unrighteous will not inherit the kingdom of God? Do not be deceived: neither the sexually immoral, nor idolaters, nor adulterers, nor men who practice homosexuality, nor thieves, nor the greedy, nor drunkards, |
Jungleboogie
User ID: 76648271 Canada 02/10/2021 07:29 PM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. Friends and Family, Quoting: AblePatriot First, I have no financial investment advice to give anyone, if you choose to read this it is for entertainment purposes only. As you know, I have been trading CALL and PUT options since 1995. During this time, you have seen me both make and lose the equivalent of a year’s salary in one day, one time in five minutes. I do not trade for a living, I do it for supplemental income and for the rush. As the saying goes, you cannot fight City Hall and you should not fight the market either. While the Reddit folks did cause a stock short squeeze on GME, they did not hurt Wall Street, in fact they only made Hedge Funds holding GME a lot of revenue and here is why. As the market squeezed the price of GME up traders simply purchased CALLS on GME. Now they held on to their short positions and made obscene money on the CALLS. Many never closed their short positions. They have been driving the stock down ever since, according to the original plan. They even have the media supporting the drive downward with intra-day messages of GME continuously, including misleading reports of late trading surges. I have been trading PUTS for the last week and following the downward trend. Yesterday I made 66.52% on my FEB 6 61 PUTS. Options are highly volatile; they can swing 10%-1000% in a single day. Naked options are the purchase of options with no underlying position in the stock. This is what I trade and I do it based on three things, 1) instinct, 2) information and 3) patterns, I am astute at pattern recognition. In fact I have watched nearly every minute of GME trading for the last eight trading days and many early trading and late trading sessions as well. Here is what will happen with GME next. 1. GME stock will likely bounce higher today on the open 5-10% for a about 15 minutes, but will then immediately trade down below the open. The stock is highly manipulated right now, and WS can control the price for short periods of time, just like they did at the close yesterday when the stock was driven up 6 points in the last minute of trading, only to fall right back down in late trading. (Look at the 1 minute chart.) 2. GME will plunge another 10 points over the next few days and close at around $40. This will likely happen today. The stock will head into the weekend at a severe loss for this week of about 50%, it opened the week at $72 and traded as high as $90. 3. This weekend reality will sink in for retail investors and margin calls will begin for those that bought at the stock during the run up and WS will continue to close its short positions. In fact, the only upward price movement on this stock at all is caused by WS closing short positions. I believe their target price for this stock is $10. The stock has a negative PE, this is a fact. 4. This will drive the price down another $10 this weekend with panic selling. There are patterns in the market that can be spotted, and this is one of them. There will be other patterns ahead including an excessively huge market correction this early spring. My goal is to both provide entertainment and reach astute traders and exchange information. There are other traders on this site, and I wish to exchange ideas and information with them. That is all I have. GME 02/08 Close $50.31 [link to stockcharts.com (secure)] It's been going up all day. Up to $55 now. Looks like you may be wrong. At least for now. Op did add the disclaimer in bold above. He's not incorrect. Timing just off. Embrace the cognitive dissonance. |
AblePatriot
(OP) User ID: 79789316 United States 02/10/2021 07:37 PM Report Abusive Post Report Copyright Violation | |
Sum Ting Phuky
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PatrikC325
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My Foolish Daydream
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PatrikC325
User ID: 74508821 United States 02/10/2021 08:58 PM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. Friends and Family, Quoting: AblePatriot First, I have no financial investment advice to give anyone, if you choose to read this it is for entertainment purposes only. As you know, I have been trading CALL and PUT options since 1995. During this time, you have seen me both make and lose the equivalent of a year’s salary in one day, one time in five minutes. I do not trade for a living, I do it for supplemental income and for the rush. As the saying goes, you cannot fight City Hall and you should not fight the market either. While the Reddit folks did cause a stock short squeeze on GME, they did not hurt Wall Street, in fact they only made Hedge Funds holding GME a lot of revenue and here is why. As the market squeezed the price of GME up traders simply purchased CALLS on GME. Now they held on to their short positions and made obscene money on the CALLS. Many never closed their short positions. They have been driving the stock down ever since, according to the original plan. They even have the media supporting the drive downward with intra-day messages of GME continuously, including misleading reports of late trading surges. I have been trading PUTS for the last week and following the downward trend. Yesterday I made 66.52% on my FEB 6 61 PUTS. Options are highly volatile; they can swing 10%-1000% in a single day. Naked options are the purchase of options with no underlying position in the stock. This is what I trade and I do it based on three things, 1) instinct, 2) information and 3) patterns, I am astute at pattern recognition. In fact I have watched nearly every minute of GME trading for the last eight trading days and many early trading and late trading sessions as well. Here is what will happen with GME next. 1. GME stock will likely bounce higher today on the open 5-10% for a about 15 minutes, but will then immediately trade down below the open. The stock is highly manipulated right now, and WS can control the price for short periods of time, just like they did at the close yesterday when the stock was driven up 6 points in the last minute of trading, only to fall right back down in late trading. (Look at the 1 minute chart.) 2. GME will plunge another 10 points over the next few days and close at around $40. This will likely happen today. The stock will head into the weekend at a severe loss for this week of about 50%, it opened the week at $72 and traded as high as $90. 3. This weekend reality will sink in for retail investors and margin calls will begin for those that bought at the stock during the run up and WS will continue to close its short positions. In fact, the only upward price movement on this stock at all is caused by WS closing short positions. I believe their target price for this stock is $10. The stock has a negative PE, this is a fact. 4. This will drive the price down another $10 this weekend with panic selling. There are patterns in the market that can be spotted, and this is one of them. There will be other patterns ahead including an excessively huge market correction this early spring. My goal is to both provide entertainment and reach astute traders and exchange information. There are other traders on this site, and I wish to exchange ideas and information with them. That is all I have. GME 02/08 Close $50.31 [link to stockcharts.com (secure)] It's been going up all day. Up to $55 now. Looks like you may be wrong. At least for now. Op did add the disclaimer in bold above. He's not incorrect. Timing just off. Classic dead cat Bounce! |
bluestar47
User ID: 79955104 United States 02/10/2021 09:39 PM Report Abusive Post Report Copyright Violation | |
AkashicRecord®
User ID: 73063316 United States 02/10/2021 11:49 PM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. Friends and Family, Quoting: AblePatriot First, I have no financial investment advice to give anyone, if you choose to read this it is for entertainment purposes only. As you know, I have been trading CALL and PUT options since 1995. During this time, you have seen me both make and lose the equivalent of a year’s salary in one day, one time in five minutes. I do not trade for a living, I do it for supplemental income and for the rush. As the saying goes, you cannot fight City Hall and you should not fight the market either. While the Reddit folks did cause a stock short squeeze on GME, they did not hurt Wall Street, in fact they only made Hedge Funds holding GME a lot of revenue and here is why. As the market squeezed the price of GME up traders simply purchased CALLS on GME. Now they held on to their short positions and made obscene money on the CALLS. Many never closed their short positions. They have been driving the stock down ever since, according to the original plan. They even have the media supporting the drive downward with intra-day messages of GME continuously, including misleading reports of late trading surges. I have been trading PUTS for the last week and following the downward trend. Yesterday I made 66.52% on my FEB 6 61 PUTS. Options are highly volatile; they can swing 10%-1000% in a single day. Naked options are the purchase of options with no underlying position in the stock. This is what I trade and I do it based on three things, 1) instinct, 2) information and 3) patterns, I am astute at pattern recognition. In fact I have watched nearly every minute of GME trading for the last eight trading days and many early trading and late trading sessions as well. Here is what will happen with GME next. 1. GME stock will likely bounce higher today on the open 5-10% for a about 15 minutes, but will then immediately trade down below the open. The stock is highly manipulated right now, and WS can control the price for short periods of time, just like they did at the close yesterday when the stock was driven up 6 points in the last minute of trading, only to fall right back down in late trading. (Look at the 1 minute chart.) 2. GME will plunge another 10 points over the next few days and close at around $40. This will likely happen today. The stock will head into the weekend at a severe loss for this week of about 50%, it opened the week at $72 and traded as high as $90. 3. This weekend reality will sink in for retail investors and margin calls will begin for those that bought at the stock during the run up and WS will continue to close its short positions. In fact, the only upward price movement on this stock at all is caused by WS closing short positions. I believe their target price for this stock is $10. The stock has a negative PE, this is a fact. 4. This will drive the price down another $10 this weekend with panic selling. There are patterns in the market that can be spotted, and this is one of them. There will be other patterns ahead including an excessively huge market correction this early spring. My goal is to both provide entertainment and reach astute traders and exchange information. There are other traders on this site, and I wish to exchange ideas and information with them. That is all I have. GME 02/08 Close $50.31 [link to stockcharts.com (secure)] It's been going up all day. Up to $55 now. Looks like you may be wrong. At least for now. Op did add the disclaimer in bold above. He's not incorrect. Timing just off. Classic dead cat Bounce! You want to hear something odd? The morning of the actual "dead cat bounce" a few days ago, there was an actual (frozen) dead cat out on the street in front of our house. And look what also happened...the price for GME stayed frozen around $50-60 bucks after the tiny "dead cat" rebound... Other than that, I haven't heard of anything else oddly ..peculiar.. like this 'dead cat' bit, with the exception being that a restaurant named, "MOON" actually opened here locally...during COVID no less...and who the fuck does that, anyway? ...but the downside may be that the place opened on ~January 21st, so it was probably just a late sign. :P Sorry, that message is no longer in the database. |
Chlopiec5
User ID: 77921878 United States 02/11/2021 12:34 AM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. Failed to break the 69 high of February 8, will be watching for it to break the low of 46.95 from February 9.... Lower highs lower lows.. I'm not in gme either way, annoying to see it everywhere and now stonks everywhere everybody talking about.. Will be watching for broader market to finally tank now that HR lady at the gas station is asking which strike to buy but still sitting on long bets |
th1nk
User ID: 75648487 United States 02/11/2021 12:52 AM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. Do you own a second account or multiple socks or what? How do your garbage posts keep getting pinned? You're clearly the biggest troll here. You haven't even addressed how your pretend QLarping was wrong every time. You're literally wrong about everything. Every time. You also promised to leave if you were wrong about Jan 20th. If you were a man you'd keep your word and leave. think |
th1nk
User ID: 75648487 United States 02/11/2021 12:54 AM Report Abusive Post Report Copyright Violation | Re: BREAKING TRADING ALERT - GME Headed to $30 by Monday FEB 15. Here are the underlying reasons, patterns and why it is crashing. I'm seeing a lot of "I took profit", "I cashed out before the crash" in this thread... Quoting: DarkStalker74 So, it wasn't about "sticking it to the man" by buying GME? It's still all just about quick profits, right? Not that there's anything wrong with that. It's just that the media was painting the WallStreetBets crowd as heroes and anarchists... they are just profit sharks, like everyone else. In the end, no one give two fucks about GameStop or really fucking up Wall Street. Everyone just wants to make sure they don't get burned... Um that's not true. Most people who bought GME held and are holding. DFV made 80mil and held is down almost 60mil now? The loss porn on WSB is incredible. Some people sold early. Not everyone was "stick it to the man". DFV owned for years. Lots of the people who made big profit bought 1-2 years ago. You're 100% wrong. think |