Hello, GME is basically a Ponzi and i dont think they can come up with some bs synthetic hype that would push gme to new ATH´s. Indeed i think GME currently sits right at the resistance and it is propably a good short entry here.
On its way down i expect GME will propably be target for new pump and dumps, so i would propably close short arround green curve.
Would only invest what iam willing to loose tho, shorting meme stocks is still risky/meme trading. Personaly not trading it because i got no broker to short it, but propably still a good setup with low leverage/tight stoploss)
DYOR
This will propably trigger the GME holders lol...shitstorm incoming xD
Please leave a like =)
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gme could fake out above resistance to trap WSB retards once again as i think they are aware of that resistance now and its kinda too obvious. this move would rekt shorts and longs and the markets like max pain.
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thats just a theory tho, dont recommend to long it.
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Gamestop nuke soon?
(theres also a chance for a fakeout of the red line before nuking down as alot of people have stop buys/sells at this trend line)
"GME is basically a Ponzi" By what knowledge are you justifying this as a ponzi?
If GME is a Ponzi because buyers are pumping the stock up temporarily, then every single stock on an exchange is a Ponzi.
The very nature of the GME thesis is that Big Money in US is corrupt and SEC/FED are complicit. What part of this has not been proven in the past 100 years. Time and time again the taxpayer foots the bill for some billionaires big scheme. Either GME is the scheme, or the shorts are the scheme. If you want to side with the people that will sell your mother for a nickel, go for it. Id rather lose all my money to make some foolish trade to right the wrongs of the markets.
The embarrassing nature of stock analysis to me is, you draw 2 lines on a graph then come here and tell people your "educated" guess is GME is a ponzi.
Symbio_X
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@Gmerica69, google the definition of a ponzi yourself. If you think about it, somebody will hold the bag when gme hypothetical crashes afer 1-2k USD to under 100 USD, and you propably know it. Dont come at me with morale if you are the one producing new bagholders for gme if it goes up again and resulting in massive losses for people. It has done enough damage already. I would welcome it if the SEC or whatever would bann wsb for pump and dumping / market manipulation, you´re lucky they are touching you guys with the "kids gloves".
Yes all Ponzi's have bag holders. No, not all bag holders were caused by Ponzi's
If you cant even use reasonable terminology, why the hell would anyone trust your chickenscratch TA.
GME holders are lucky they get the KIDS GLOVES??? Are you joking? Billionaires have been getting the infant gloves since they started donating billions to campaign funds. Either way you put it GME has the moral high ground. They are either doing what hedge funds do, or they are fighting against hedge funds. There are no cases against them, because it would open them up to discovery, which would show the massive collusion by US markets to sweep "MEME" stocks under the rug.
Keep proving your are a shill and one MASSIVE coward. Individuals are done with the massive levels of financial corruption, and being left holding bags. We are paying into social security that will never pay out, Living under crumbling infrastructure, massive student debt, unbearable insurance bills which won't even cover a broken bone, Global climate change which is destroying the earth faster than we can age to do something, buying into a housing market which is skyrocketing due to greedy landlords/hedge funds/foreign investment, oh and did I mention hyper inflation, stagnant wages, potential draft for ww3, blatant tyranny, destruction of rights, mass divorce and lack of family units.
But yea, lets complain about some 20 year olds getting rich fucking over short sellers.
Holy fuck you are a pussy.
Symbio_X
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@Gmerica69, how exacly does buying gme prevent corruption/lobbyism in the future? you logic is flawed. Im against current lobby system too but buying gme doesnt change shit. It´s a narrative from wsb to turn off logic and act emotional. The money isnt coming (majorily) from short sellers, just look how many people did baghold from the 420 run up. And its just geting worse the higher it goes.
Your strawman arguments against me are ridiculous. Ofc "rich people" have too much influence, but buying gme doesnt change it.
nukerock86
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@Symbio_X, it is hard to realize, but you will. Now or later.
usefulRock95034
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@Symbio_X Are you paid to posts this? You can contact the wistleblower SEC-Hotline if you feel threatened.
Symbio_X
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@usefulRock95034, well. you are paid to post this kinda, by defending your massively overvalued stock "investment" to sell it to a bigger id1ot. ironic.
TheLonelySock
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@Symbio_X says the Tesla holder who gets 90% of his predictions wrong. This dude is a clown 😂😂😂
Symbio_X
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@TheLonelySock, im neither a tesla holder nor 90% wrong so i dont know what you are talking about
If GME is a Ponzi because buyers are pumping the stock up temporarily, then every single stock on an exchange is a Ponzi.
The very nature of the GME thesis is that Big Money in US is corrupt and SEC/FED are complicit. What part of this has not been proven in the past 100 years. Time and time again the taxpayer foots the bill for some billionaires big scheme. Either GME is the scheme, or the shorts are the scheme. If you want to side with the people that will sell your mother for a nickel, go for it. Id rather lose all my money to make some foolish trade to right the wrongs of the markets.
The embarrassing nature of stock analysis to me is, you draw 2 lines on a graph then come here and tell people your "educated" guess is GME is a ponzi.