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/biz/ - Business & Finance

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28211026 No.28211026 [Reply] [Original]

>gofundme com
/f/immigrant-lost-life-saving

>01/22 and 01/25 - I started trading the GME stock reading the commentary on >the reddit channel.
>I initially saw some profits on however, on 01/25 the GME stock plummeted from >highs of ~140s to 70s. Several hedgefunds downgraded the GME stock and it >seemed all hell is breaking loose. It was all over the news that the rally has >fizzled out and the stock is going down. This is very typical of short squeeze and >pump and dump scenario.
>All my profits were gone and I sold the stock in loss. This got me anxious and >nervous and I started reading news on GME to figure out what is going on.
>I was convinced that the stock rally was over and now its time to sell.

>On - 01/25 when the stock price started rising again, given all the negative news >I decided it is rational to sell call options. I sold 01/29 $115 GME call options at a >premium of $45.

>In my opinion this was safe bet since I would not have any losses even if the >stock rises to all time high of $160.

>01/25 after hours - Elon Musk and Chamath Palihapitiya tweeted on the reddit >post that triggered the stock to climb in the afterhours. I frantically tried buying >back the call options but that was the first time I realized I cannot buy options >after hours. I realized had to wait for the next day to cover my trade. I couldn't >sleep through the night and only could sleep at 4AM.

>01/26 - I woke to the biggest horror of my life. IBKR covered my calls when the >GME stock price was above $300.

>> No.28211236

squeeze was not squozen

https://www.youtube.com/watch?v=zbivjqpJGLo&feature=emb_logo

>> No.28211393

I hate bongs so much

>> No.28211559
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28211559

>>28211026
Got in at 370. Saw the shit tanking, held for a day, but when it hit 300 I dipped.

So fucking glad I did. Hold those bags retards. I only lost about $200, thankfully. If you're still holding there is no hope for you.

>> No.28211582
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28211582

>>28211393
a curse on your bloodline

>> No.28211626

stop posting this shit, we've seen it all 10x+ times before. it was barely funny the first time

>> No.28211641

HALLO I AM VERY STUPID AND POOR PLEASE DONATE

>> No.28211702

>>28211026
He's finally gonna eat meat after a 3x?

>> No.28211782

If he is so poor where did he get the money to buy enough stock at 370 where a rise to 1k would be life changing

Doesn’t add up

>> No.28211883
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28211883

https://nypost.com/2021/02/08/parents-sue-robinhood-after-son-commits-suicide-believing-he-owed-730k/amp/

Going to be annoying if politicians start pushing for shitty regulations

>> No.28212128

>>28211026
>>28211026
>not buying stock to cover the short calls

>> No.28212244
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28212244

>>28211883
>people like this want to become overnight millionaires
LOW TEST
SAD!

>> No.28212333
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28212333

>>28211393

>> No.28212457

>>28212333
>45 dollars raised of 500.000
It's a starts. What's the interest rate from his broker? 21% a year?

>> No.28212675
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28212675

>>28212333
>>28211026
>obvious scams
>>28211883
>suicide a year before GME blew up
get some fucking quality control niggers

>> No.28212875
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28212875

>>28212675