What a beautiful earnings it was : )
$GameStop(GME.US$ Everyone that has been in the stock quite awhile…..this feels amazing! GME is a BEAST and its awake. Yeah unfortunately, we will get shorted to hell im sure as lots of contracts are itm and also to potentially avoid margin calls etc 🤷♂️ Tutes i’d think will want to load up now with the “surprise” of now positive earnings. Who really knows right? Def. not me but i’ve been here and have zero (0) reason to leave. Plan to add more and more…brick by brick 🧱💸
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70557046 : Price action is a direct result of UBS starting to close some of Credit Suisse’s toxic shorts. Expect more upwards price action in the coming days/ weeks. Most of retail’s buys are automatically routed off exchange via dark pools, ATS (alternate trading systems), wholesalers, etc. What moves the market significantly is when shorts either close or cover.
Doug Saddler 70557046 : While I agree the banks swirling down the drain has an effect, GME blew earnings expectations out of the water- which is what led to the dramatic after hours price increase.
70557046 Doug Saddler : I respect your reply. Thank you. That’s what mainstream wants retail to believe, in that the system is not rigged, nor corruptly manipulated. I’m an original OG APE from AMC/GME and even when I saw $2M on June 2nd, many OG apes like myself never sold thinking that earnings made a difference. You will soon realize it does not. Respect and peace my friend.