Wtf, it gapped up from $23 close to highs of $47.50 in premarket and is sat at $39 at time of writing.
The $20 call is at 5.50 per contract atm but as the markets closed it hasn't adjusted the price yet and is still reading at the $23 strike price as in the money on the chain.
Still needs to readjust for 20 strikes at market open, so could potentially go to $2000 per contract.
hypothetical here...want this to go to the moon. However asking someone who might have better pulse on these things as I've seen Pbman as well as Fu$cknewson answer some good questions.
1: who's to say we can trust the system; will they halt trading? Manipulate trading etc.
assuming GME hits 1000 or somewhere in that range. Who's to say we can hold the line there, or does it even matter? What I mean is can that price sustain itself for even a little bit or will it be musically chairs for first come first serve people taking bag selling shares and cashing in.
This is just worst case being thought out loud but I truly believe we are going to see something amazing unfold and I do believe MOASS is right around the corner just a matter of when and how hard it hits wall street. Praying it hits hard...
My strategy is to test the waters and sell off a couple shares in the $x,xxx range to recover my investment as the price is rising.
Given the qty of shares I currently have, I may sell off small batches to obtain a target number as the price keeps climbing.
I will NOT paper hand and sell them all in one batch as it continues to rise. Depending on if I hit my target, I will ONLY sell the majority of my shares after it starts dropping more than 30% for more than 2 days.
If & when my goal is met, I will hold the remaining shares as souvenirs to help the other guys that are still waiting to reach their targets.
Also, I will not be setting limit orders as this may clue the hedgies in to how long and when they have to shake the tree.
Not financial advice, I'm an idiot and I throw poo. 🦍🍌🖍
I hear you. I just wonder if a giant game of musical chairs and maybe it will be. Bottom line is many of us will be in a better spot than before and more importantly perhaps this will reset corrupt system. Will be interesting to see how it all unfolds.
We all have different circumstances, so our sell price will be different. If you need the money for a down payment on a house, that could be life changing money for you. Some people may be in heavy debt,and they need x amount to pay it off and have some savings.....
My house is almost paid off and my cars are payed for and I don't have much on my credit cards. At some point I would like to get my cost basis out and a reasonable profit and I can hold the rest of the shares for the fuk of it and make them pay.... I suspect my broker shares are for selling and my DRS shares are a long term hold.
People just need to do what's right for yourself and your family.
Understood, I'm somewhere in the middle. But the message is clear; we each have our own goals. Part of me wants to make them pay as well; not out of pride but just to right the system. We'll see how many others share that sentiment.
Godspeed! I think we are getting closer, as you say time to get those tendies!
UCKLE BUP!
Exactly. Now we know why Trump said this. :D
Boom gme
Boom bobby.
Boom DJT
PicRel: https://files.catbox.moe/pmj7b5.jpeg
Up 87% in premarket.
Wtf, it gapped up from $23 close to highs of $47.50 in premarket and is sat at $39 at time of writing.
The $20 call is at 5.50 per contract atm but as the markets closed it hasn't adjusted the price yet and is still reading at the $23 strike price as in the money on the chain.
Still needs to readjust for 20 strikes at market open, so could potentially go to $2000 per contract.
With options he has 17 million shares.
We have several discussions going on other threads....
Top post for Reddit and silence on the gambling sub.
Tells us all we need to know.
39.47 right now on the German market.
Guess I wount be buying in the morning,
hypothetical here...want this to go to the moon. However asking someone who might have better pulse on these things as I've seen Pbman as well as Fu$cknewson answer some good questions.
1: who's to say we can trust the system; will they halt trading? Manipulate trading etc.
This is just worst case being thought out loud but I truly believe we are going to see something amazing unfold and I do believe MOASS is right around the corner just a matter of when and how hard it hits wall street. Praying it hits hard...
My strategy is to test the waters and sell off a couple shares in the $x,xxx range to recover my investment as the price is rising.
Given the qty of shares I currently have, I may sell off small batches to obtain a target number as the price keeps climbing.
I will NOT paper hand and sell them all in one batch as it continues to rise. Depending on if I hit my target, I will ONLY sell the majority of my shares after it starts dropping more than 30% for more than 2 days.
If & when my goal is met, I will hold the remaining shares as souvenirs to help the other guys that are still waiting to reach their targets.
Also, I will not be setting limit orders as this may clue the hedgies in to how long and when they have to shake the tree.
Not financial advice, I'm an idiot and I throw poo. 🦍🍌🖍
Their are to many unknowns,if it gets to a price you like, sell your shares and be happy with your tendies.....
It may go a lot higher,or they might fuk us over and shut it down. I don't want to see anyone lose cause they were holding for 69,420 a share....
I hear you. I just wonder if a giant game of musical chairs and maybe it will be. Bottom line is many of us will be in a better spot than before and more importantly perhaps this will reset corrupt system. Will be interesting to see how it all unfolds.
We all have different circumstances, so our sell price will be different. If you need the money for a down payment on a house, that could be life changing money for you. Some people may be in heavy debt,and they need x amount to pay it off and have some savings.....
My house is almost paid off and my cars are payed for and I don't have much on my credit cards. At some point I would like to get my cost basis out and a reasonable profit and I can hold the rest of the shares for the fuk of it and make them pay.... I suspect my broker shares are for selling and my DRS shares are a long term hold.
People just need to do what's right for yourself and your family.
Understood, I'm somewhere in the middle. But the message is clear; we each have our own goals. Part of me wants to make them pay as well; not out of pride but just to right the system. We'll see how many others share that sentiment.
Godspeed! I think we are getting closer, as you say time to get those tendies!