{ "media_type": "text", "post_content": "WSB literally saved GME, it’s pretty nuts. So for those that made $$ congrats but it’s just luck, you ain’t a genius. And to all the novice investors on this bowl, GME is as big as an anomaly that can exist in the market. Don’t follow stocks blindly like this as you can be burned bad. \nWhat’s wild about GME’s current valuation is that they can just issue equity and payoff all their debt now (recall this company was almost filing for bankruptcy)...", "post_id": "600b53b2db499e001c6ef1e7", "reply_count": 24, "vote_count": 8, "bowl_id": "5acc42208c6b52001375e11e", "bowl_name": "Option Traders & Investing", "feed_type": "bowl" }
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WSB literally saved GME, it’s pretty nuts. So for those that made $$ congrats but it’s just luck, you ain’t a genius. And to all the novice investors on this bowl, GME is as big as an anomaly that can exist in the market. Don’t follow stocks blindly like this as you can be burned bad.
What’s wild about GME’s current valuation is that they can just issue equity and payoff all their debt now (recall this company was almost filing for bankruptcy)...

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Meh, I’m indifferent here but if I had to take a side it would be with WSB. The real story was shorts, mostly hedge funds, teamed up behind the scenes to launch a combined and coordinated short attack on Gamestop and got caught with their pants down.

Even now it’s only a $4 billion MC, which is peanuts. The story isn’t the rebound, but rather it had dropped to such a low market cap due to coordinated shorting behavior. Shorts got greedy and they got punished. This is healthy.

likefunny

Yeah M1, Gamestop was an egregious short case. Even now the short interest is over 100%. Don’t know about the long term prospects, but the stock was too beaten down.

😅

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likefunny

I love him

Only follow MGNI blindly 😤🤩🤑

likefunny

Still don’t know what they do. But I see green consistently. Even if I sold, idk what id do w the cash

Bought GME at $9, NIO at $2.5 and TSLA at $60. Am I a genius?

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Every one knows how to chase hot stocks on the trend. Buying them before they are hot however, is an art.
I’m not here to show off. I keep what I make, and I make more of what I keep. Good luck to you all.

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I agree it is luck at this point but I do think that throwing 1% of net worth into it in the fall for the post xbox/ps5 pump and the squeeze potential seems like an easy bet in hindsight. Chewy founder joining in was just icing on the cake. Good risk reward back in the fall. It's aomething to think about and understand for the future.

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Also some "crazy" otm calls on a Friday morning seem like no brainers too.

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Either way, I feel like I was watching history in the making. 💎 🙌 💎

What if we are a genius tho

Lmao, wsb taking credit for it but they had nothing to do with it beside spreading positive bull news about Cohen. It's just a coincidence.

When there are 1000s of calls outstanding and the share price is rising from retail investors all looking to get in on the squeeze all while shorts are re-shorting shares to keep the price down... it makes a difference.

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Additional Posts in Option Traders & Investing

Our client was featured on national TV unexpectedly and we can’t find the clip anywhere. Hoping some production friends might know a good way to find clips. If it helps, the channel was CNN and i know the exact time the clip aired.

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Hi Guys,

What is the salary in Quant phi for 8years of exp for cloud architect. I asked 30lpa in Hr call initially. Any suggestion on this. can i negotiate to pay high or they wont agree

Current ctc: 17lpa

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Tell us about what pissed you off this week.

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Ahhh the end of an era come next June....

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Can anyone recommend a book to read for a new dog owner ?

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Anyone in Charlotte? I just moved here and have no friends lol

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Chicago vs Austin - for long term stay? Now in Chicago. Loved the city. But the winter is too long I guess!! Suggestions fishfam!!

My family gives me shit because I haven’t dated a black guy in a long time. Truth is, it’s very hard to meet them based on my career, neighborhood, activities and friends. How do you all do it?

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Im doing security gap assessments, pci some ISO, cloud strategy and Hippa work. Am I killing my value and future my going more "audit"?

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Why are HR people so dishonest?

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Is anyone else attending dbt's virtual conference, Coalesce, this week? Do you have any favorite presentations? Here is an entertaining one "Down with Data Science" that does a great job of breaking down what companies really need before they can even support data science. Oh and definitely check out the Slack thread for some hilarious memes!coalesce.getdbt.com/talks/down-with-the-phrase-data-scientist/

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Yaaaaaay about time this bowl exists!

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Has anyone applied for a grant where they ask for the amount of funding requested? When filling out the application how do you determine how much funding to request? It usually asks for a list of other amounts obtained, pledges or requested. Should I place the same amount obtained?

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How does Citi pay for C09 band in July 2022? Citi

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Anyone wants to go hiking this weekend along Hudson? Aiming for a shorter route (5-7miles) maybe around beacon or cold spring. Sadly all my friends are not available.

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What is the official website to apply for a passport (Indian) renewal in nyc? Is CKGS a reliable one or it isn’t necessary? Kinda lost

October Job Thread!

Drop any PM openings or opportunities that you know of in the comments below!

Help another user 🤝

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Awaiting for an offer from IQVIA india, Senior BUsiness Analyst , 8 YOE.+ 2 months MBA internship.

Initially quoted 20 CTC before 1st round. Now my exprctation is 25lacs fixed.

How much maximum can they offer me?please comment. I was not aware earlier they have Vp of 8% included

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Anyone come back from vacation feeling more burnt out than before they left? I have no motivation and just feel blah… help!

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Additional Posts (overall)

ROKU any good rn?

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Zoom, docu and CRM so much love! Shout out to my discord friends for the call out!

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Rise and shine 🐠s, it’s a great day to make some money.

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5/10 Thread (General):

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This is going to sound nuts. But, based on the close, here is the tip. LESSON: Check out where we closed on Friday and where we closed today. Same spot. Tip: Markets don't like to create a significant low or high on a Friday afternoons or Mondays. Very often they will trade their previous setup on Tuesday . . . Meaning, this sustained bullish trend can take us up to 3111.25 on a HWB Short or 3139.50 61.8% without blinking an eye. It's like the dip into lows never existed.

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likesmart

Where my tsla holders at???

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Advice needed: should I sell my airline puts given the pending bailout? LUV $37.5 4/17, SAVE $17.5 4/17, AAL $113 4/9

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If Trump doesnt sign covid relief bill today, is market gonna free fall tmrw?

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Do you think that’s there’s a way to hedge against potential conflict in the Middle East {Israel + Saudis + (US potential support) vs Iran? Is it defense sector (DFEN) , oil futures (calls) or something else?

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Thoughts on V calls?

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Okay so other than TSLA/MSFT which are the most hype earnings for today? Anyone else have plays for companies reporting today or tomorrow before market open?

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Thoughts on YSG?

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FDX - FedEx is one of my losers this year. I got in recently, late in the trend. I like their management, but shouldn't have moved in from R. FDX did 11% T3M and 78% TTM. The IVs are moderately high, so I expect to get positive as the technicals bounce from their lows. The MCAD has been a good predicter in the past.
This is a great example of the longs losing money, but the shorts almost covering it. Notice the P/L Open for each and the P/L for the year.

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Can someone explain UVXY to me? I know it went through a reverse 10:1. Example if I had 15 UVXY, do I only get one? Second, I am not able to understand how come I am down 80% on it. Thank you in advance.

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Lets start discussing puts on NFLX and TSLA and buy on AMZN

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How much does CNBC suck? We had an FMOC meeting yesterday where the Fed admired they admired they FUNAR’d their inflation call. PCE inflation is accelerating rapidly. And Q2 GDP was well below expectations. So let’s spend 20+ minutes chit chatting about Robinhood. Absurd.

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I'm happy to keep selling cathie small amounts o what seems like will be eventual fish scale stock in the short term

I'm just glad someone is out there to buy my bad decisions so that I can realize my PIPE dreams that isn't Chamath. This is because I refuse to do business with someone that is smarter and better looking than I am

likesmart

Is anyone watching the PC of MGNI!!!

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What’s your play tomorrow?

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SPY is basically at ATH and QQQ is only 3% away. Do you think we will have a pullback on indexs soon?

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