/biz/ - Business & Finance

>>50448750
i dont know how many of you subscribe to "dat ass theory"
it's an day-trading strategy from the mid 1990s
but right now it's flashing a big, red warning sign for GME
simply put - GME is all out of "dat ass"
think of "dat ass" like gas in the tank of a car
if a car is out of gas, it won't move
if a stock is out of "dat ass", it won't climb higher
the volume on GME indicates dwindling "dat ass" for days now
$199 will be a short-term high, the last spurt of "dat ass" that could be wrung from GME
and now we're going to see a "de-dat ass" to $130ish almost certainly
around these levels, GME can replenish some of its "dat ass reserves" for its next leg higher
but for now, i see no reason to hold a stock that is completely bereft of any "dat ass"

>>49329463
CALLIPYGIAN