GME is on the brink of collapse!
Updated
Good news everyone!
My broker offers GME now. The spread is 40c.
And by experience I would say the GME pyramid scheme is likely to be about to fall.
I would love to short this bag, but it is very volatile that is the problem.
I need to compare it to some other examples. Especially since the stock market is not my core activity.
Compare it to some stocks but not only. This is no longer a share but a gambling ticket. I'm more experienced with those fortunately.
The technic here will be the same as retail gambling lotery tickets and not some hedge fund.
This one is not very mainstream
Another popular mainstream "investment" (like Enron)
The more "dumb money" involed, the bigger the retraces?
Tesla is really dangerous it goes beyond the "dumb money" bag/gamble. It is a cult with a prophet that is very skilled at manipulating.
Ah this science religion. Tech just really has been stagnating for a while. We get hit by a cold virus and suddenly the world is paralyzed.
These cultists honestly think because you can download an app on your smartphone we will experience eternal life, kek.
GME bagholders are on the verge of breaking.
And then later this
The issue is, can't pinpoint the top. Maybe they'll be a small distribution?
There is time for the big short, right now short term. And later on we'll look into the big one more.
As scientists say "more research is needed on the subject".
Either some distribution at the top of some kind (if that even works) or simple wait for the downtrend to start and short on a sucker rally.
A couple more screenshots
A legend of bagholding (and bulls arguing):
My favorite...
There is a danger with bag chasing gamblers but fortunately they also provide a solution, they act as resistance.
The more ignorant gamblers act tough by proudly saying they bought and will keep buying to "beat the damn bears", the safer it is to short 😉
My broker offers GME now. The spread is 40c.
And by experience I would say the GME pyramid scheme is likely to be about to fall.
I would love to short this bag, but it is very volatile that is the problem.
I need to compare it to some other examples. Especially since the stock market is not my core activity.
Compare it to some stocks but not only. This is no longer a share but a gambling ticket. I'm more experienced with those fortunately.
The technic here will be the same as retail gambling lotery tickets and not some hedge fund.
This one is not very mainstream
Another popular mainstream "investment" (like Enron)
The more "dumb money" involed, the bigger the retraces?
Tesla is really dangerous it goes beyond the "dumb money" bag/gamble. It is a cult with a prophet that is very skilled at manipulating.
Ah this science religion. Tech just really has been stagnating for a while. We get hit by a cold virus and suddenly the world is paralyzed.
These cultists honestly think because you can download an app on your smartphone we will experience eternal life, kek.
GME bagholders are on the verge of breaking.
And then later this
The issue is, can't pinpoint the top. Maybe they'll be a small distribution?
There is time for the big short, right now short term. And later on we'll look into the big one more.
As scientists say "more research is needed on the subject".
Either some distribution at the top of some kind (if that even works) or simple wait for the downtrend to start and short on a sucker rally.
A couple more screenshots
A legend of bagholding (and bulls arguing):
My favorite...
There is a danger with bag chasing gamblers but fortunately they also provide a solution, they act as resistance.
The more ignorant gamblers act tough by proudly saying they bought and will keep buying to "beat the damn bears", the safer it is to short 😉
Note
"Order could not be executed. Instrument GME is under trading restriction: only buy order is allowed."Typical. Not allowed to short sell GME. Too many retail traders gambling on PonziStop.
Note
Now might be a good time to short sell ponzistop.For someone with a broker that allows it...
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