Ok look apes, I have been following the GME trends since before the first squeeze. Needless to say, much like the rest of you, I have spent hours upon hours looking at the trends, shorts, and data since the day of reckoning last month.
And with the jump last week there has been a lot of paper hand BS/ Misinformation being spread (especially with RKT)
EDIT: As someone rightfully pointed to RKT is not bad, just the bots and the public narrative is a bit suspect IMO
To simply put it, in my opinion, we are on the verge of something big…
TL:DR at the bottom for the most atuist
Here is why my fellow tards,
SOURCE: Wall Street Journal, 5 days ago.
Now why you might ask losing roughly 50% of your entire capital important? If you are an autist, and I know you are, let me explain. I mentioned this in my last post, but essential without capital, how can HF run effective short latter attacks as we saw after the enormous initial spike? They can't- or at least we hope- with what we have seen over the past few days, GME has not seen any significant short latter attacks, heck we have gone up $20 alone this week!!! (EVEN WITH THE MARKET SHITTING ITS PANTS)
4) With contracts being exercised last week at around $55 dollars, we saw a gamma squeeze occur. Now I have seen 5+ people on here explain wildly differing theories ranging from, if we hit 130 it will trigger the next squeeze, or on 3/15 the squeeze will happen! Now we can all take this with a grain of salt, after all, we are apes. But what we can do is hold and continue to break resistance, yesterday was $113, today it was $120. In my opinion, if we continue to rise steadily we can trigger another ITM call and see another squeeze.
5) I know that to your paper hands this will kill you, but if the squeeze never happens GME is a great long-term hold. Here is why:
-They have landed a huge multi-year deal with micro soft.
–They fired their insanely incompetent CFO Jim Bell, seriously look him up dude was a douche.
this shows seriously promising financial redevelopment for GME.
–New wave of modernization in the gaming world. As a gamer myself, not to brag, I would love to see GME rise and take over as the ultimate streaming platform, and with the new push for the future and deals that just landed, I think that there is a pretty good chance this will happen.
TL:DR- IMO I think we have this. There is clear panic on the HF sides, we are up $20 from Monday with a shit ass entire market, there have been no outstanding short latter attacks, HF is down billions with high interest, there is a flood for a "NEW SQUEEZE RKT" (DISTRACTION), we have been stable and we are holding. IMO if we break resistance at 130, there will be some serious momentum.
IN SORT HOLD THE MF LINES RETARDS- I am not an advisor we just like the stock.