GME back on the menu?
Is there another potential squeeze play in GME? With the NFT Marketplace coming out, potential stock dividend, and the cost to borrow rate at a level of 104.8% (higher than January 2021) at the time of writing this, could we see a massive increase in price similar to January 2021?
Current position: July 15 $350c
PrivateTechquity 🚀GME🚀
🔔🔔🔔
You rang?
Interestingly this post is hidden from the stream in Off Topic for me, but hasn't been deleted... almost like it's being intentionally buried...
Edit: this comment brought it back, funny
We are being suppressed
It's way overvalued. There is no play in GME--long term or short term. You stupid virgins need to let the stock die.
Edit to make points clearer
That call position is kind of naïve if it's your only exposure, too near-term and deep OTM. I've got a couple of July $150s but most of my stuff is sub 150 strike calls for Jan 2023.
GME was never off the menu and anyone who says otherwise hasn't done any research whatsoever, they're just parroting Cramer and the other idiots on tv.
Just a few positive points from the past couple of months.
We are in business boys. MOASS is inevitable.
Positions: XXXXX shares and XX-XXX calls with expirations mostly ranging from Oct'22 to Jan'23, strikes from $100 to $950
I know and fully believe everything you have said. I was just worried about the reactions I would’ve gotten if I went in to extreme detail. I also hold XX shares. 🔔🔔🔔someone’s calling… GME is changing the game and I’m more excited than ever.
Alright I’ll bite. Was Melvin’s shutdown solely to GME or other macro / market issues piling on top? I figure we don’t know their exact positions but you seem to have done some research
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