Finding the edge in analyzing unique market Cycles.
Roaring Kitty has exercised his options at $12. In long run it is a good move.I am interested in GME at $25.
I think we may get a major squeeze Monday by the redditors now that he has doubled down on his bet scReport just came out today saying he has doubled down on the betNo ?
I checked Wallstreetbets. Membership is flat. 9.8 million members. It hasn't changed. No new money there to support Gamestop.
Attempting to corner a market doesn't really work. The most famous example is when the Hunt Brothers attempted to corner the Silver market in 1980. Price spiked then fell soon afterwards.
SCThe Hunt Brothers were a couple of billionaires.This is a movement. Much different.It's not just the money.This group is trying to payback the hedge funds, who try to bankrupt companies, during a pandemic.Hence putting millions of families in jeopardy.They get what they deserve hopefully.Normal shorting is part of investing.These guys are using every illegal trick in the book,pure evil.
That's why I post the chart warning. Not to harm but rather to help the little guy.When it's David and Goliath gotta pick the battles carefully. Standing, waiting to be run over isn't noble.
Thank you.For your service.
sc,GME--that is understandable---but it will take 6 months to 1 year for that to materialize?
Yes according to the model later this year.
There may be trades on it. Keep it on watch, should be interesting later in the year. Fall
Sc do you have any charts on bitcoin ?
sc,Did you sell Gush???or is it a buy again?
New chart posted!