I just hope this is a second chance for people that made dumb. Mistakes the Nice Photography Storyteller Shirt. I don’t mean people that can afford the loss I mean the ones who took private loans to gamble. And shit because as someone who’s had years of debt you do not want a private. Loan company haunting you. I just hope this is a second chance for people that made. Dumb mistakes the first time and never sold to get out this time. I don’t mean people that can afford the loss I mean the ones who took private loans. To gamble and shit because as someone who’s had years of debt. YOu do not want a private loan company haunting you. Anyone have a clue how high this could get? Realistically? I get the theory…
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I almost bought some shares at $40 to average down from $140 and I had this one experienced trader telling me in my head “averaging down never works!”. And I grew to believe it so when the Nice Photography Storyteller Shirt. I thought, nah,I’m stuck with this shit forever. Until today, now I wish I went with my GUT and not some person on the internet telling me averaging down doesn’t work. So there was bullish sentiment with the CFO leaving. But looking at the options chain, the volume for $50 calls was 25,000, $60 calls was 23,000, $65-70 was 13,000 roughly. I don’t think this was just WSB or retail investors, but an institution-building a ramp to squeeze the shorts.. They were trying to prevent GME from hitting 50, which is where peak delta hedging would have happened. Needless to say, this didn’t work. Looking at the rest of the options chain, there doesn’t seem to be any more big blocks of calls.
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