I did pretty well on some Litecoin past couple days. I bought some a while back under $200. Started getting alerted about the rise, Sold near a peak, absolutely nailed the dip and bought back in within a couple bucks of the bottom.
GTII is up to $2.21 in early trading. If a squeeze is going on we can realistically see a ceiling between $14-18. I think it's more likely to trade more like EYES (Which was squeezed last month) than GME.
Hilarious. Someone bought 4 shares of GTII and dropped the price of the entire stock by 5%. No fuckery going on here.
Fuck it. Added 200 more GTII at $2.02, averaged down to $2.50. YOLO stonks!...and all that happy horseshit.
Tomorrow we'll know if we: a) Bought a line of horseshit, b) The shorts somehow covered (Seems unlikely given volume), or c) The squeeze is on. It should be an interesting day to say the least.
Tried to set a limit sell for half my shares at $15 but fidelity won't let me go above $7.50. So I have alerts set for $7, 10, 15.
I'm just going to play it by ear. I *Think* it's squeezing, all the signs are there, but I may have to dump. I'm at -$384 right now and if that starts approaching -$600, I may just bail. If it's squeezing it shouldn't go down any further at all. As far as sell, it all depends. With the new shares, at $4.50 I've got my money back and paid for my Henry, so that's my first possible exit point. It just depends on how it's running.
I have $142 in it so I figure if it doesn’t squeeze I’ll just hold onto it and see what happens. I mean worst case is it gets delisted or whatever and I’m just out that. At $2.40 I’ve got my money back, and my exit plan with my stocks in general is actually to get enough for a Henry in .357 then I’m out
That is one thing the shorts will try to do... trigger loss limits and create panic buying. It's a well known tactic to free up cheap shares to help them cover their positions. That's why GME has "diamond hands" as their motto... trying to get people to ignore the fear, keep holding.
That's why I don't use stop losses. But, like I said, if it is shorted and they do need to cover NOW, it shouldn't go down any further. And as I also said earlier, without a squeeze this is a ten cent stock. I have no intentions of riding $1250 down to $50 if it becomes obvious there is no squeeze. All the signs point to a squeeze, so we'll see.
Yeah, here's hoping it's not some elaborate pump and dump... I have a thousand shares into it myself.
Apparently this guy is where a lot of the GMII info is coming from. Going down his timeline is interesting.
thinking same thing... something might actually be happening!!! what’s the game plan then? I’m holding until at least $12 or so, but it’s gonna be tempting not to sell off half at around 5 or so and at least cover what I had going in