I will never abandon those principles, as any deviation from those core values is a betrayal to my original vision of r/GME and a betrayal to all the members of this incredible community. His llc owns 2.75M shares GME and I think he paid more than current price. So, which Reddit stocks are trending right now? On Monday, GameStop (NYSE:GME) stock nosedived 10% after the firm announced a 3.5 million share shelf registration. I was its first member and I’ve experienced the tremendous growth of this subreddit first-hand, from r/GME gaining its first 10 members, to the first 100, all the way to the hundreds of thousands of members it has now. If it … There remain many uncertainties for … Let’s take a look at the current top 10. ... the more powerful WSB can be stepping up to buy the stock again." In mid-January, the WallStreetBets subreddit helped send shares of … Do I purchase stocks themselves or buy calls and go about it that way? Will the rise of the Reddit trader change the stock market forever? They were invited to the mod team when r/GME was still in its infancy, and their contributions have been invaluable to the success of this subreddit, both as moderators and content creators. “Bought lots more #GME today, let’s keep fighting ! I would have never let them leave on such trumped up charges, especially when they have seniority over the supposed mods who “voted” them out. GameStop stock crashed, but Reddit still wants to send it to the moon. I wanted to buy GME calls last week... but listened to a redditor instead. Related news 'Meme Stock' Fave Flip-Flops On New Offering As Retail-Investor Boom Cools. Press question mark to learn the rest of the keyboard shortcuts. Stocks sound like a safer bet until surprise bankruptcy shows up. One of the striking developments about this week’s Reddit wave was that GameStop boosters on social media effectively forced Melvin Capital, a $12.5 billion hedge fund, to Needless to say, I wasn’t as up to date as I should have been regarding the situation. GameStop has become an icon among retail investors, as the Reddit squeeze really got GME stock going. GameStop has become a money geyser for the options-obsessed crowd that gathers in Reddit’s WallStreetBets forum. That is why I try to minimize mod intervention whenever I can. 7 months DTE isn't terrible but there is also elections and phase 2 cv19 with the latter being more dangerous. I am also not looking to maximize returns to the greatest dollar, just enough to make a few bucks. The call will make a whole lot more, though if you bought some shares on top you’d be helping us all out ;). Buy $750 worth of stock and wait for the squeeze to happen and sell during the breakout. It happens when many investors buy deeply out-of … Wall Street's big bets against GameStop went sour when Reddit … In turn, these investors are driving up a few certain stock tickers every day. The social platform Reddit has been in the spotlight lately, and it has captured the attention of the investing world. Still, I want to avoid this name. I am the head mod at r/GME. HL - think it allows trades, but deal fees are quite high. [A call option is a contract that gives a buyer the right to buy a certain stock at a certain price within a certain amount of time.] Get Ready For The Biggest Short Squeeze Of Our Lifetime, No Tolerance for Harassment, Derogatory Insults, or Hate Speech, Karma and Age Requirements for Posting & Commenting, Improper Content, Flair Usage, and/or Spam, Sharing Positions or Gain/Loss Porn (until this is over), Press J to jump to the feed. No one forced Reddit traders to keep buying at $300/share or higher). The only person attached to GME was M Burry. But it boils down to 2 choice. GameStop: GameStop Corp. (NYSE: GME), the stock that became a rallying cry for retail traders and Reddit's WallStreetBets forum, surged more than 100%. I understand this isn't a smart decision, I'm not here for one of those lol. I know why he bought it as he grew up near one GME store across from the men's warehouse. By Paul R. La Monica, CNN Business. 06/21 $20C I can buy for about 3.20 currently which seems reasonable given how the stock has been performing. To date, Reddit investors have driven up GME stock using a financial quirk known as delta-gamma hedging. Cannot trade GME. ... See Also: How to buy GameStop GME Stock Do I purchase stocks themselves or buy calls and go about it that way? The current surge in value of GME has gained media attention thanks to coordinated efforts of multiple social media networks and chat groups to buy the stock … GameStop shares have had an incredible 24 hours. GME stock crossed $300 at the opening bell, hitting $354.83. You might not trust me due to the lack of content on my profile, and that’s understandable. Almost any post related to stocks is welcome on /r/stocks. 8 Top Reddit Stocks Gaining Buzz ... GME stock is up more than 1,000% in the past month thanks to WallStreetBets. … But as Reddit’s r/WallStreetBets machine sprang to … Both have played a role in Reddit’s embrace of GameStop, known by its ticker GME. Forget GameStop, This Reddit Stock Was a Bigger Winner Last Week Shares of this little-known headphone-maker jumped nearly 2,000% last week. Reddit has been thrust into the spotlight in recent weeks as an unlikely source of stock advice. 5 months ago, I found this subreddit unmoderated and abandoned. Especially given GMEs recent model of gaming Cafe type establishment. Enter the necessary trading details in the left-hand trading box and hit “ Preview Order ” when you are ready to purchase Game Stock … But it boils down to 2 choice. This is also a concern I have. I have recently just gotten back into trading after deciding I need a down payment for a home. I have to choices I am eyeballing. I want to make it abundantly clear, I was not consulted regarding the removal of u/rensole and u/redchessqueen99. eToro - min $1000 (cc u/pishtalpete). How and what's next. Buy $750 worth of stock and wait for the squeeze to happen and sell during the breakout. With GME stock up 2,800% in a year, investors have been looking for the next short squeeze candidates. To date, Reddit investors have driven up GME stock using a financial quirk known as delta-gamma hedging. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. From what I know so far ----Can trade GME. 7 Reasons to Avoid the Reddit Stocks Like the Plague GameStop, AMC, Sundial, and many more Reddit stocks are bad news for investors. Options continued to fuel the stock’s gains on Friday, according to Bespoke Investment Group, with … Elon Musk tweeted “Gamestonk! How is it possible that 140% of #GME stock was sold short? Even with Reddit’s influence to drive stock prices of BlackBerry up to a peak of $25.10 back in January, it slowly normalized to $10.45 on Tuesday. He bailed out. It happens when many investors buy deeply out-of … I have about $750 I can use for these mathematical gymnastics. 4/05/2021 Reddit "meme stock" favorite GameStop announced it would sell … !” and seemingly threw his weight behind the rally. An online forum called Reddit is sending the old guard of Wall Street into a tailspin: to date, they've managed to boost an ailing video game shop stock by 1700 per cent. GME Biggest Trades 4-5-2021 A smart ape name u/glide_si suggested that these large trades were often seen back to back with another duplicate trade suggesting these … You effectively decrease the float and make squeeze more probable. On the top left corner, select “ Trade ” and you will be taken to a screen somewhat similar to the below: 4. For those thinking the GameStop (GME) stock surge was over, think again. Another Reddit stock to avoid like the plague is clinical-stage drug and ... GME $184.50 down $-2.45 ... 7 Ultra-Popular Stocks I Wouldn't Buy With Free Money; These Stocks … ... million to buy up the entire float if the stock … I used to trade a couple years ago but our dear leader made me bearish so I pulled out and called it quits for a while. Youtube. I do not use Discord and I have been busy recently due to family and personal circumstances that I will not go into. Retail investors on Reddit are boosting GameStop shares in defiance of hedge funds and investing norms. You cannot time the squeeze and stocks do no expire, IV is huge and you will bleed money everyday if you go with options. 06/21 $20C I can buy for about 3.20 currently which seems reasonable given how the stock has been performing. I have a little bit of the stock right now, nothing much. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. Press question mark to learn the rest of the keyboard shortcuts, DUE DILIGENCE / FAQ'S / ADDITIONAL RESOURCES. GameStop stock is plummeting but the Reddit rebellion is just beginning. How dumb am I right now? I can promise to you that as long as I am a moderator, r/GME will continue to be a platform for free speech and discussion surrounding GameStop stock as it was I established the subreddit at 0 members, the same values and sense of community which helped the subreddit grow to 100 members, 1000 members and now 200 thousand members and beyond. But an army of investors who can quickly jump into the stock market with apps like Robinhood has been on a GME buying spree for months, with social networks like Twitter and Reddit fueling the action. There was a lot to unpack in the deluge of news this week about GameStop, the stock market, Reddit groups, trading apps and hedge funds. The next step is to get ready to buy GameStop (GME) or AMC stock. Press J to jump to the feed. I have always adopted a Laissez-faire approach to moderating, since I believe the r/GME community knows itself better than any specific person on the mod team, including me. Because of him many investors thought tlrd (men's warehouse) could turn around. Yesterday the stock surged over 103% to $91.71 per share. The recent drama going on with r/GME mods can partially be attributed to my inattentiveness. The values of free speech and discussion around GameStop stock is what r/GME was founded on, which helped propel its rise into one of the largest subreddits dedicated to a single stock. Check out our wiki and Discord! !,” wrote one Reddit user Fundssqueezzer, while another user Responsible_Fun6255 said, “Rise of the planet of the ape: GME edition”. f*#%$ Revolut blocked trading when I was about to buy on market open today - 3 free trades / month with the free account, after that each trade is £1. u/YourNameIsC00L - Excessive banning, inappropriate post removals, u/plumdragon - Unapproved moderator additions and removals, Gamestop ($GME) Stock: Other imitators got burned. The site made headlines when a group of users from … Thanks to WallStreetBets Will not go into right now few bucks you effectively decrease the float and squeeze! Us about a ticker we should know about, but Reddit still wants send. Of stock and wait for the squeeze to happen and sell during the.... 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