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Now we're gambling! AMC/GME
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BFarmIL
Posted 1/27/2021 19:47 (#8787387 - in reply to #8786653)
Subject: RE: Now we're gambling! AMC/GME


SW IL
Bonpas - 1/27/2021 14:43

Up till 1 am just reading about this fiasco.

Bought AMC at $16.50 at 9am. Rode it down to $11 a few minutes later. Just sold for $18.40 Up over $19.00 now.

Bought a 250 put on GME at 48.09 before lunch. Came back from lunch and sold most of it for $55

Still need GME to crater before Friday. Gamespot obviously can't justify a $300 stock price but the Reddit nerds may or may not be able to outlast me?

Not recommending any of this but I thrive on it.


Of course it can't justify that price long term, but the funds can't justify shorting 140% either. Its a waiting game now.
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