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Value Collector said:
I am not a fan of trading in general, and most traders don’t win out in general no matter what they are trading, turds or not, but atleast if they are reading quality they should be able to capture some of the general wealth being produced in the economy each day, but with turds you might end up with nothing but dirty hands.
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I value volume and consumer interest first. I learnt long ago you can have all the bs figures in the world and it won't mean Jack if there's negative sentiment.
I'm waiting for either extreme from cult buying, or panic selling. I buy long term mainly only during crashes.

I think Tesla is the only thing I liked long term and probably add to on dips. But I consider that a big risk due to sentiment. Brilliant company, bad rep. Not to mention I never really saw EVs as being able to take over.

I'm in it more for the commercialisation of their robots, robo taxi. I also like their data collected from all their cars being applicable to other things. But I consider it a risk and probably feel more uneasy than some of the trades I take.
 
So roaring kitty appears to have bought a bunch of calls. Like a lot, apparently buying over the last few years. He is then going to exercise all those calls allegedly.
Now because there is a massive shortfall of shares it should boost the price?

I think that's the strategy anyway. Brilliant yet basic if it works.
 
moXJO said:
So roaring kitty appears to have bought a bunch of calls. Like a lot, apparently buying over the last few years. He is then going to exercise all those calls allegedly.
Now because there is a massive shortfall of shares it should boost the price?

I think that's the strategy anyway. Brilliant yet basic if it works.
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up 100% in the pre-market
 
investtrader said:
Wish I was in on the joke.View attachment 178125
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This is the thing about "true believers" and volume. There's a few different areas that they have some real fanatics. Look at things like Apple, Tesla, Berkshire, bitcoin, silver and gold (but the market is too big).

Doesn't really matter if they are credible or not. But the sophistication of the investor is relevant. Example would be Berkshire vs crypto coin. Obviously Berkshire isnt going to the moon over a day where as unsophisticated gamblers will rush crypto.

It can apply to all kinds of investments as well look at starwars, Lego and pokemon. It even happened with rare coins in Australia till the market blew up. I was tripling my money off $2 coin rolls for a while as well.

You just need a fanatical base with no idea about money yolo'ing their lifesavings with the promise of upside. Even seasoned traders lose all perspective when they get caught up in it. Just don't join the cult.
 
I was joking about being in on the joke ... kind of. He he. Not the part about the $700mill.
moXJO said:
Even seasoned traders lose all perspective when they get caught up in it. Just don't join the cult.
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And no, you are not a seasoned trader if you lose perspective, with all due respect.
 
investtrader said:
I was joking about being in on the joke ... kind of. He he. Not the part about the $700mill.

And no, you are not a seasoned trader if you lose perspective, with all due respect.
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You would be surprised. Anyone can get caught out. I've seen it happen in real time during crashes and through manias. Big names lost their sht.
 
moXJO said:
You would be surprised. Anyone can get caught out. I've seen it happen in real time during crashes and through manias. Big names lost their sht.
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especially if you have been playing 'fast and loose ' with the rules as they ( hedge funds ) did in the original Wallstreetbets saga

when the hedge funds took 110%+ short positions on a stock which has some loyal investors , you know somebody is swimming naked , so all you need to do is soak up the liquid(ity) being on the wrong side of a short bet is painful bet on the wrong side of an 'illegal' short bet that can be dangerous
 

Massachusetts Regulator Probes 'Roaring Kitty's' GameStop Trades Around Pumps​


Massachusetts Regulator Probes 'Roaring Kitty's' GameStop Trades Around Pumps | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com

but not the very large ( possibly naked) short positions

more of the usual two-tier justice system

what i am surprised with though is ... no big grabs for physical silver , something that can be definitely squeezed
 




pN-Bl6pc_normal.jpg

Autism Capital 🧩

@AutismCapital
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Imagine being such a beta cucked platform like e*trade that you want to ban RoaringKitty, the person responsible for making your platform relevant to millennials and probably the best piece of organic marketing you could ask for. They should offer him a referral code instead.
11:19 AM · Jun 4, 2024
https://twitter.com/intent/like?ref...des-around-pumps&tweet_id=1797800390781776316

much like Robinhood in the first saga

good thing platforms rely on you trusting them , isn't it
 
divs4ever said:
View attachment 178169
Autism Capital 🧩
@AutismCapital
·
Follow
Imagine being such a beta cucked platform like e*trade that you want to ban RoaringKitty, the person responsible for making your platform relevant to millennials and probably the best piece of organic marketing you could ask for. They should offer him a referral code instead.
11:19 AM · Jun 4, 2024
https://twitter.com/intent/like?ref_src=twsrc^tfw|twcamp^tweetembed|twterm^1797800390781776316|twgr^d310563824948132033d503108679310f7801d94|twcon^s1_&ref_url=https://www.zerohedge.com/markets/massachusetts-regulator-probes-roaring-kittys-gamestop-trades-around-pumps&tweet_id=1797800390781776316

much like Robinhood in the first saga

good thing platforms rely on you trusting them , isn't it
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Really exposes the game for what it is.

I heard it's roaringkitty birthday on the 8th.
Be interesting to see if any meme worthy event will happen.
 
well physical is prime for a squeeze

but after looking at the targets last time

it is basically fair game any stock where 100% or more of the stock issue is being shorted

if you have that list and the $$$ to pressure the hedge funds , anything is possible
 
cointelegraph.com

GameStop rally sends Roaring Kitty’s shares to $1B

Roaring Kitty’s GameStop shares soar to nearly $1 billion as his latest GameStop stock position shakes the stock market.
cointelegraph.com cointelegraph.com
Gill, also known by his internet nicknames “Roaring Kitty” and “DeepFuckingValue,” revealed on June 2 that he had started trading GameStop stock again, with $180 million to play with.
 

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