Quick note from Tim: please read my Time to Test post; very important!
Meme via r/WallStreetBets
(more…)Capital Insurrection
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Bananas
Well, let’s look at – what else? – GameStop – which got to over $500 in overnight trading (having risen from $2.90 ten months ago):
Your D.F.V. Update
Referencing last night’s exceptionally popular post, the GME champion has profits approaching $50 million. (As always, click it so you can read it):
As for his “diamond hands”, it’ll be interesting to see where he finally gets out. Keep in mind, every single one dollar move is $180,000 profit (or loss) to this fellow. After hours Wednesday is looking not-so-great:
(more…)Showtime!
GameStop isn’t the only target of the squeeze team. Just look at AMC Entertainment. It was $1.91 earlier this month. Now it’s in the mid-teens. Let’s just all agree that paying huge leases on empty movie theatres isn’t a great business model, but that obviously doesn’t mean anything anymore.
Electricity on Fire
The gains on these stocks (which I’ve mentioned a gazillion times both here and on tastytrade) boggle the mind. These rallies seem very long in the tooth, but the just keep on keeping on…………
