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GME - Pre-Market Trading. Hit $80 briefly. Gonna be a wild day

posted 194 days ago by horseyPatriot 194 days ago by horseyPatriot +91 / -1

Volume is at 23 million right now, pre-market! For comparison, on May 1, it was 2.66 million and $11/share.

Roaring Kitty woke up on Sunday and Andrew Tate urged everyone to buy after buying $1 million worth of shares himself - to help take down the Matrix. Game on!

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– Red_Pill_Pusher_Man 3 points 194 days ago +4 / -1

I have a limit order to sell 10 shares at 120 to cover all investment plus take a small profit - I'll be playing with House money from then on. HODLING the rest until life changing money is offered

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– Geralt-1776 6 points 194 days ago +6 / -0

Is it still supposed to go to a ridiculous price per share at some point?

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– horseyPatriot [S] 12 points 194 days ago +12 / -0

Yes. Apparently the shorted shares were put into swaps that have now started expiring. They were counting on GameStop being delisted and it is not. Time to pay the piper. A lot of pissed-off retail investors will make them pay big bucks to get hands on real (not synthetic) shares.

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– 17JCsCrib26 4 points 194 days ago +4 / -0

💯

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– MAG768720 3 points 194 days ago +3 / -0

Who has the risk on the swaps?

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– horseyPatriot [S] 2 points 194 days ago +2 / -0

I saw on one comment (I think?) that Credit Suisse is one?

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... continue reading thread?

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– Red_Pill_Pusher_Man 2 points 194 days ago +3 / -1

Who knows - that's what I'm hoping for but will sell enough to cover all i have into it if share price gets that high.

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