User FOMO is strong with this one . Hit $220+ in the after market after a strong couple of days of wallstreetbets pumping made even sillier by Elon tweeting about it.
Going to be interesting to see what happens next and could be a good lesson in how to potentially trade these. I'd be mega short.
Elon Musk @elonmusk 1h
wallstreetbets • r/wallstreetbets
Like 4chan found a Bloomberg Terminal
$325 now off a high of $380. It is REALLY interesting watching this play out. If I was short some of the other high percentage shorts I'd be feeling VERY nervous now there is a new Bear Hunter strategy in play.
@LeviBehen, yeah, I think it is currently most shorted stock on the exchange. Social media is basically bear hunting forcing short sellers to dump their positions at inflated prices. Depends how long the bears are prepared to hold out for.
@AngusMcK, oh. sorry dude. i was being sarcastic. i am not actually gay. the more gme is shorted, the more my calls print. but there will come a point where big guys like burry (1.7 M shares) get out of their position. that would end the run. until then, gme to $420. if they all choose to hold, the gamma squeeze will continue. or not. i am autistic so no serious advice here.