GameStop - GME - Share Chat

I’m in for the big bucks, put £75 in GME and AMC earlier to see what happens ahahaha

Unfortunately had to use T212 which was a horrible experience and would barely let me even log into the app without crashing.

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Ah that makes sense thanks! It was the short squeeze I didn’t understand initially

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Trading 212 was out for the most of the day.
I bought for 4 shares on freetrade for the experience and the stories I will be telling to my grandchildren :smiley:

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Yea I managed to get into it like twice to buy lol, didn’t want to buy plus to potentially lose even more money because I’m hoping on the GME train

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Nice one, I’ve cashed out some gains to cover my initial investment but have shares still in play for EOD Friday :grimacing:

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Very nice. I think Friday will be a good day for us.
I’ve decided to sell half my shares if it breaks 1k. Have you got an exit price?

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how about riding it till it becomes the most valuable stock by market cap?!

Would that even be possible?!

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You need to know when to get out and take profit, but I’m defo keeping some shares in play to see how high it can get.

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As far as I can understand it this is, to a great extent, an options play. And options do expire…

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Good explanation for anybody that wants to know exactly what’s up.

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How much did you buy for out of interest?

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Bought GME for $334 it’s basically just placing a bet I’m not treating it as an investment lmao

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Actually this has been uncharacteristically not been an options play for WSB.

When this was taking off the overwhelming sentiment was not to buy calls and buy shares instead, because there was no way of knowing when the squeeze was coming. Also because OTM calls have low delta so don’t really help (which was vocalised less but probably what everyone was thinking).

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There was a good post on wsb about exit strategies for GME.

I’ve secured my initial investment so I’m literally just going to hold the remaining shares and hope I get to see a squeeze.

Not particularly bothered if I don’t secure existing profits, they are nice, but not life changing.

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Seeking Alpha are saying MAC could be a contender for a similar squeeze? What do we think?

GME is the only stock with over 100% short interest, nothing else comes close.

Everyone set some stop losses, no sense chasing it back to zero!

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Rumours on wallstreetbets is that Nokia is next

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Nokia is worth having if you can get a good price anyway as they have a few 5g plans and deals coming up apparently.

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That was my exact thought. Even if it doesn’t get taken over by the reddit community, you’ll have shares in a worldwide company in a growing sector. Surely a safer bet than the others mentioned

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Virgin Galactic is at 80pc short interest

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