Wallstreetbets
Silver is the latest market boomYou probably know what happened to GameStop.
The new instrument that has aroused the interest of regular investors is silver.
Yesterday we saw a rise of almost $ 2, but immediately after that the price fell off.
Today we have the opportunity to see a new rise.
Confirmation will be exit from the triangle and a break of the previous peak.
Expectations for higher values can be very high, but the initial targets for silver will be 27.36 and 28.42!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
GME - Squeeeeeeeeze of the Century? What a fantastic time to be an investor!
This parabolic run will go down into the history books & consequently the move isn't even over yet...
I just wanted to outline the textbook bull breakouts since August. Purely based on price action this was a thing of beauty and was built up for months. The consolidation box was the final failed attempt by Wall Street to leverage their shorts.
This event will create a major catalyst into new platforms & *hint: Decentralization.
Good luck to all & long live retail!
ZOMEDICA 30% Short LETS SQUEEZE! PT $6!Zomedica Corp. is on the road back to it’s ATH.
Easy Hold with a lot of Upside into the New Year
Truforma will be released in April 2021!!!
February Earning will include Preorders of Truforma Sales
Ex CEO of Pfizer is our New CEO
He Pushed Out Viagra Back in the Day
Ex Vice President of IDEXX is on the Zomedica board also holding 600,000 shares at 16 Cents
Board Members, Owners, Works, Banks
JP Morgan, Morgan Stanley, Cambridge Are In!
Has a lot upswing going into 2021 Even More LT
Remember Big Guns can’t go to hard in accumulation it’s not allowed by most institutions and banks. Because it’s under $1 they like stocks that are in the $5 range but as soon as we are in the dollar range which is closer to March a lot PR will be released by their team to skyrocket this to $5+!!!
$IDEXX $400+
$ZTS MERGER RUMORS
$QRVO $150+ Zomedica’s Partner in Truforma
Make sure your not lending your shares to shorts!!! This about all your investments!!! Check with your Broker!!! Very Important!!!
$ZOM will be $1+ April 2021
it’s under 25 Cents a Share
Always Do Your Own DD Guys!!!
The verified Facts: TRUFORMA Commercialization announced for March 2021, domestication & R/S denied, we have forced their hand and are secure Long Term, lawsuit working towards mediation in another 2-11 months, internal launch team complete,70 pending & approved patents, 5 Assays, pending validations and FDA approvals, Qorvo Partnership, Bulk Acoustic Wave (“BAW”) technology, Projected $2.8 billion industry, believed to be the first ever for use at the point-of-care and the first ever available in veterinary medicine, latest find is new career openings for (professional services veterinarian, territory diagnostic specialist, and scientist).
GME Support the cause, support retail investors for free marketIntro
We are in free-market capitalism, so we are free to decide what is best to hold and what is best to promote no matter of fundamentals.
As much as this looks like 1929 or 1999, the markets always were ruined by only one type of force — wealthy people and funds.
Today we see a great opportunity to give some of those funds a good lesson of punching the half-life bodies over the great number of short positions required to be covered by Friday, precisely 20 000 000 in stock need to be covered by the hedge-funds = that's at the price of 250 is actual 5 000 000 000 of money need to be withdrawn from the fat pockets.
IDEA:
Let's altogether buy at least 1 share of $GME this morning and hold as long as we can support this thing to go to the moon making rich folks paying for their yachts for real.
Just 1 share being bought by thousands or millions of people will make this Friday epic! Hold the national stock, $GME is exactly the weapon of the masses without any abuse of the law.
Like, share if you support the case.
Important
Love you all, please be respectful to each other. We are all same traders.
Is WallStreetBets Winning the War Against GME Shorts?I’m Markus Heitkoetter and I’ve been an active trader for over 20 years.
I often see people who start trading and expect their accounts to explode, based on promises and hype they see in ads and e-mails.
They start trading and realize it doesn’t work this way.
The purpose of these articles is to show you the trading strategies and tools that I personally use to trade my own account so that you can grow your own account systematically.
Real money…real trades.
I want to do a follow-up video on GameStop GME , because this stock is just going absolutely bonkers.
On January 26th, two days ago, I did a video explaining exactly what’s happening on GME stock.
And it looks like the madness for GME stock isn’t stopping just yet.
On the 26, the day everything started, the stock closed yesterday up almost 93% at $147.98, and today, it rose as high as $380!
I’ve seen crazy things in this market, but a Reddit crowd squeezing shorts to this extent?
It’s just crazy.
And the WallStreetBets group on Reddit — the one whose purpose is “making money and being amused by it,” their words, not mine — is growing by leaps and bounds.
Tuesday, it had 2.3 million users, but looking at it yesterday, there were 3.2 million users!
Even Elon Musk is chiming in:
Musk, who has clashed with Tesla shorts in the past, tweeted a link to the Reddit thread, saying “Gamestonk!”
This has caused such crazy trading volume that a bunch of online brokers crashed yesterday.
TD Ameritrade is actually restricting trading on GME and AMC stocks because of this insane volume!
They said they’re doing this out of an “abundance of caution amid unprecedented market conditions and other factors.”
It will be interesting to see if other online brokers do the same.
It seems like the Reddit crowd may have won the battle.
I saw lots of headlines today that GameStop’s biggest shorts — Melvin Capital and Citron — said they covered most or all of their positions.
And yes, that’s what they said… but did they?
It will be interesting to see when short interest data is updated at the end of the month whether this is true or not.
Other Stocks To Look At
This Reddit crowd is targeting some other highly shorted stocks, too, so I want to take a quick look at their charts.
First up is AMC . On Tuesday, the 26th, they closed at $4.96, and hit a high of $20.36 earlier. Yesterday they were up 229% at $16.27.
Next is Bed Bath & Beyond BBBY . It traded as high as $53.90 yesterday — its highest level since 2015! Right now, BBBY closed up 24% at $45.79.
And finally, there’s BlackBerry BB . BB hit a nine-year high of $23.94 yesterday, and was last seen up 23.4% at $23.31.
Summary
Now, I’m personally not trading any of these stocks, it’s too risky, but I’m certainly watching!
And before we go, I want to make a correction. In my previous article on GameStop, I mentioned that this was a similar situation to Kodak’s KODK volatility last summer.
That was not the case. Kodak moved because it was awarded a government contract to make generic drug ingredients.
The deal was later halted pending an investigation.
You guys were right, and I was wrong. Thank you for correcting me.
BUY $VIVE BEFORE WallStreetBets PUMPS 600%WallStreetBets loves these stocks! Currently $3.45 and a target of $22.00 for a massive opportunity to pump 600%! Early today the price was up $4.40 for a gain of 35% and it went down to the normal price levels again. Therefore jump on this stock asap! The price is forming a bullish falling wedge pattern for a reversal. Its near alltime lows. This is how you make money!
Short squeezes, gamma squeezes, and the GameStop dramaIntroduction
Video game retailer GameStop is up nearly 800% in the last two weeks. The story of how this happened makes for both an entertaining soap opera and an educational example of some market-making forces every trader should be aware of: short squeezes and gamma squeezes. Buckle in to learn how reddit vigilantes took on activist short-sellers and caused a massive spike in a struggling retail stock.
Act 1: The Citron short
The story begins with a brief video released by activist short-seller firm Citron Research in which Citron's Andrew Left announced a short position in the stock. The video wasn't really up to Citron's usual standards. Usually they expose some kind of fraud when they take a short position, but this time the argument was that GameStop was a low-quality company in a doomed brick-and-mortar retail sector and is not going to be able to turn itself around.
Here let me pause to define some terms:
"Short-sellers" are traders who borrow shares of a stock, sell the borrowed shares at current market price, and then buy the shares back later in order to return them to the lender. If the stock goes down between the sale and the purchase, the short-seller pockets the difference as profit. If the stock goes up, the short-seller takes a loss.
"Activist" short-sellers are a special category of short-sellers who do research in order to find poorly managed or fraudulent companies, take a short position on them, and then release their findings to the public in the hope that the release of negative information will drive the stock price down.
Act 2: The Wall Street Bets squeeze
Activist short-sellers have played a role in exposing nearly every major corporate fraud that's ever been taken down. In my opinion they perform an important market function and offer an important service to investors. But a lot of people hate activist short-sellers. They're often accused of releasing false or misleading information in order to manipulate a stock, and plenty of critics also feel that short-sellers are unpatriotic, pessimistic, and destructive. If you watched The Big Short and hated all the main characters because they were trying to destroy the banks and betting against the American economy, you'd probably also hate Citron Research. That's how the folks on a subreddit called "Wall Street Bets" feel about Citron.
Activist short-sellers often get hacked, threatened, and bullied, but usually it's by agents of a fraudulent company they've targeted. (Invisibilia's episode "Trust Fall" documents a recent horrifying case involving the fraudulent mafia-connected German fintech company Wirecard.) The GameStop case is a little different because it was Internet vigilantes, and not corporate agents, who targeted the shorts. Left and other GameStop shorts came under an intense barrage of verbal assaults and cyberattacks from members of the Wall Street Bets subreddit who believe in GameStop's turnaround story. And that's not all the vigilantes did. They also coordinated a campaign to manipulate GameStop's price upward and "squeeze" the shorts out of their trade by buying lots of far out-of-the-money GameStop calls. This campaign has been tremendously successful, as evident from the stock's recent price action. Citron's Andrew Left posted a video on Twitter in which he announced that as a result of the backlash, he has exited his GameStop short trade.
Here, again, let me pause to define some terms:
The problem with short-selling is that your losses are potentially infinite. If you're short on a stock whose price price increases more than 100%, then you can lose more than 100% on your trade. If you don't have enough cash in your account to cover the loss, then this can trigger what's called a "margin call," where you're forced to buy shares in order to "cover" your short. And if your short position is large enough, there may not be enough shares for sale on the open market for you to quickly exit your trade, so it may take some time for you to cover. This can cause a dramatic increase in stock price, known as a "short squeeze."
There's another kind of squeeze called a "gamma squeeze," which occurs when someone buys a lot of far-out-of-the-money call options on a stock. The sellers of far-out-of-the-money call options usually will buy shares of the stock in order to cover themselves in case the options eventually get exercised. That drives up the stock price. Plus, there are a lot of algorithms out there that buy or sell stocks based on what open options contracts imply about the market's expectations for a stock's future price. So buying out-of-the-money call options can also trigger those algorithms to buy, further driving up the price. In the last couple years, retail options traders, especially on the Wall Street Bets subreddit, have realized that they can manipulate stock prices by banding together to buy lots of out-of-the-money calls. This strategy has been successfully used for over a year to drive up the price of Tesla, and now it's being used on GameStop with similar impressive results.
Conclusion
The biggest moral of the story here may be, don't sell shares short. It's a dangerous environment for short-sellers, with gangs of vigilante longs roaming the social media streets. The GameStop and Tesla stories prove that retail traders, if they band together, have the power to be market makers and to take on institutions. It also proves that markets aren't necessarily efficient or rational. Sometimes they are a battleground for differences of ideology or social class, and the underlying company fundamentals matter not at all.
Of course, this likely won't go on forever. Using a gamma squeeze to manipulate a stock price is arguably illegal, so there's a possibility that the SEC will eventually crack down. Gamma squeezes also require the existence of market makers willing to sell far out-of-the-money calls, and it's possible that that willingness will go away. If market makers stopped selling these calls on GameStop or Tesla, the game would quickly be up.
And finally, I think we will see companies increasingly position themselves to take advantage of these situations. The ideal move for GameStop executives would be to issue a lot of new shares right now in order to harvest the manipulators' money and raise enough cash to cover the company's future losses. (Tesla has done this a few times in the last year or two.) And, as it turns out, GameStop has an offering ready to go, through a program they put in place on December 8. (Possibly they had advance notice of this coordinated Wall Street Bets program to manipulate the stock.) They only have to pull the trigger, which I assume they will do when they feel the stock has hit its peak. That is likely to trigger a sell-off in the stock, but it could also potentially stabilize the company's finances, stave off bankruptcy, and greatly extend GameStop's life.
And that's another reason why fundamentals sometimes don't matter and why it's dangerous to be short on a stock: because to some extent, it's the stock price that drives a company's success rather than the other way around. A higher stock price allows a company to raise more capital, and more capital allows the company to invest in updating its business model and turning things around. Perhaps we will see this run in GameStop's stock price lead to large capital expenditures, a new business nodel, and a total revitalization of the company. Only time will tell.
$GME is going to $500Contextual immersion trading strategy idea.
GameStop Corp. operates as a multichannel video game, consumer electronics, and collectibles retailer in the United States, Canada, Australia, and Europe.
The demand for shares of the company still looks higher than the supply.
I think the short squeeze will continue, thanks wallstreetbets.
Short interest over 100% and free money from FED are not a joke.
So I opened a long position from $220;
stop-loss — $80.
take-profit — $500.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Thanks for being with me!
Is this the bottom?As you can see I have two possible view about PAAS. I'm bullish on silver and PAAS should be one of the main actor for the next silver miners bull-run.
Will be silver the new target for Wallstreetbets community?
This is not a financial advice.
Ascending Triangle for TNY?It appears as though TNY is starting to slightly break the blue upward sloping support of potentially an Ascending Triangle to the downside, it would be ideal if the bulls hold this area of support.
In green, I have drawn what appears to be a longer-term trending descending triangle, or, bullish flag, the green downward sloping resistance is currently being tested, it's already acted as resistance approximately 5-6 times since Aug 2018, the more a trend line is tested the more likely it's going to be broken in either direction.
On the RSI it's noticeable that the blue upward sloping support has been broken to the downside, possibly a H&S formation happening where I've placed the human head and body icon with each shoulder being the green curved lines.
On the KST there's been a bearish cross.
$NOK Price TargetNOK is following the steps of tesla and our long behold GME Gamestop as you can see the chart on gamestop it all time highs it never reached before because elon tweeted or said something about it with nokia being top leader in the 5g Market this stock is well prepared to get pumped up and noticed for what its actually worth this once again.
$NIO - PT 72 in 13 days (20% gains)Charts don't lie. We're heading for 72-74 max before the next pullback.
No breakout upwards after 74 because other stocks are taking our hype and the wedge on the chart is bearish. NIO gang is what's keeping this upwards momentum going.
Easy 20% gains in 13 days from now.
$XPEV - PT 77 in 36 days. (42% gains)Buy XPEV today. Not terrible entry point considering we are going to 77 in ~36 days from now.
Where did i get this PT? Out of my magic crystal Palantir ball called Technical Anal-isis.
Non standard technical anal-isis used here. This is my own flavor and it's usually right. No DD done on XPEV, this is all based on chart pattern magic.