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STILL N OF PIKE

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Everything posted by STILL N OF PIKE

  1. Hmmm I’m just gonna take The scooter approach and not get my hopes up ....but praying models show continuity for 50-60 more hours
  2. The odd thing about GME ..is that usually heavily shorted stocks That rise ..see less shorts .)as shorts are forced to cover to avoid potentially infinite losses (as stock rises) ...well with GME As this stock rose from 15 to 60 on Friday and 125-150 Monday am ..more and more huge Wall Street hedge funds and millionaires piled Into NEW massive short positions ..believing this run up had to be over ..usually the winners who bought the stock would sell and book profits (but not so much with Wall Street bets) so selling was minimized and new shorts were maximized as WSB kept bidding up the stock in huge quantities and using massive call options ..the amount of NEW shorts left to Cover can take this stock over 500 if WSB doesn’t fold in morning (I.e book profits and try to sell high . I see them doing this end of week as long as short positions gets much lower
  3. What the heck is in your water supply
  4. Just a update that Pfizer said they will be able to deliver a amazing 200 Million doses by end of May (100 million when you consider) the 2 shots ) wow that’s ahead of schedule
  5. The money is mind boggling I mean 2 weeks ago GTE was trading around 20$ and if you wanted call options expiring 1/29 with a strike price of 60$ it would have cost you like .30 or 30$ per lot . NOW that same 30$ option with 100 strike price is worth 10,000$ Or so (as GME is at 225 ) Some of those people bought hundreds of those I am a little concerned about this snowballing into something more broadly destabilizing but not terribly so (Currently) ..would make a nice black swan-but I would guess we will see a pull back at SP around 3920 if not sooner that may cut the speculative legs out.from WSBets(and whoever piles on) ..*may
  6. Amc nearly doubled after hours ..on 135Mil volume ! This is the most speculative thing since ... the tulip bubble ? Lol
  7. BB and BBBY , AMC went for a ride as well after hours It seems like this group may contribute to some broad market instability soon , bc really ..what is their end game and they are sort of undermining some may say (illuminating) a sort of broken mechanism regarding pricing ..which is the basis of the entire market..but the thing is people are jumping on to this and it’s gaining steam as long as they are successful A brief rug pull might be needed by end of week
  8. 193 after hours The WSB crew has a disdain for Wall Street and the way they have been bailed out and deemed too big to fail, It’s sort of a vote against “biz as usual of the 1% always making out “ they want to bring the casino down and profit along the way if they can . Sort of watching in awe , and hoping they don’t cause some sort of contagion
  9. 148 91k in call options w 200 Strike exp Friday !!!
  10. Game stop (GME) 94 to 114 in last 12 mins (appears that it got halted)
  11. 300 Million shares traded in Express GME back to 83
  12. The comment stream on Reddit WSB is as good as a comedy show
  13. NFL giving away 7500 SB tickets to vaccinated Health care workers 14,500 additional tickets are being sold So there will be 22K in attendance or ..if that makes folks “jumpy” 28% of usual attendance
  14. GTE today lol Went from 65 to 159 At 1030 then we’ll the market had a mini rug pull at 1030 am there was a nice rug pull in FX and SPX that gutted speculation . Was fast . Raises my eyebrow .Would be a nice way to create margin calls and send WSB’s capital moving ability into something less. If not ,Something Is going to have to give somehow ...I mean A stock going from 15 to 150 in 2 months on no real news and 65 to 150 in a day
  15. Is NFL selling tickets for SB, bc Tampa bay seems they would allow it. GB and KC did
  16. Can’t wait for Super Bowl. KC had 17K fans , GB similar and now TB has home field advantage for a SB When was last time that happened
  17. Nice to have something to track . Now can’t expose my snow weenie too far as models could pull back and hurt me .
  18. At some point the biggies will pull back but I don’t believe it will be today . AMC is being pushed very hard . These are millionaire makers in options . We would need a very resistant strain to put an end or lid to this market madness soon , black swans are the only acceptable way to take this market down , a huge fall can’t be seen as a organic systematic issue or confidence goes poof and stability follows . That frankly is a matter of national / or global security now and has been for a bit . But a swan , allows The political capital for more fed support , more treasury support , maintains confidence in system and continues to fast track the fourth industrial revolution. That Is the greased up path of least resistance that occurred last year ..and there is tons more money in extending this sort of thing by playing up theoretic scenarios , much more than risking a return to normal and a slowdown of the futuristic economic transition that IS occurring right now . Not saying another swan is coming , but either way these are rare times and the market is wild
  19. In a normal market setting this may have been taken care of by now , but the market is a giant casino . It’s almost like authorities don’t want to upset retail and shake the confidence of the money tree . When is the last time retail traders beat professionals in annual returns . It began with Dave Portnoy in April and the madness has grown. Penny stocks (stocks traded In OTC markets ) increased 300% in December (from November) and wait till January data is out . Premarket AMC , GME and BB are all up 30-50% from this group that is coordinating capital and buying on margin . Much easier to move stocks in the lower volume environment of premarket trading , so will be interesting to see volume of each in first half hour after 930 open (compared to their normal volume )
  20. Amazing is all you can say about a group of 2m users in Reddit community (Wall Street bets) I joined this weekend They are leveraging and buying particular stocks on margin and sending their price to the moon. GME was first target . Some made millions on Friday options and they sent this from 65 at close Friday to 125 high in this morning trading (before falling back to 95. GME was 18$ January 12 . They are hitting ticker symbols BB, And to lesser extent AMC , PLTR and Jay’s favorite CCIV Something has to give here
  21. Brady didn’t want to play on a team without weapons At age 40 plus ...
  22. Greatest (Winner Player) could be a argument , he’s not that athletic
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