Being financially independent

Wally

That Gamestop and the ascending staircase thing I was on about. I think if it hits 200, it’ll start turning into a exponential up curve as word of mouth spreads and people start buying back in.

Wally

That reverse repo thing above. Apparently it’s got a 500 billion max limit that’s gonna get hit on Thursday if things keep going in the same manner they have.

Funky

Happy days, Kinda looking like a cup and handle also? The 188 is proving stubborn to break but take it the hedgies are in severe trouble if we can consolidate around 200?

mono-stereo

Funky Happy days, Kinda looking like a cup and handle also?

If the cup and handle breaks out into full on plastic beaker territory then we could be in for spackhandy top tubes? Definitely not but clearly that would leave the pound whimpering. God knows where we go from there

Mad_Cyril

mono-stereo God knows where we go from there

Bendy straws. Mos def

Wally

Funky - put that post back saying ‘Wally called it’ lol 😉

193 at the moment - holy moly!

Funky

Lol we just need withstand these blatant attacks. Come on Jimmy you can do it.

Wally

The more they do it, the less effect they have - they shorted 550K shares yesterday and it barely stopped things. They’ve punched themselves out because every time they naked short they are diluting the share pool and people are just buying the shares up when it dips lol.

Funky

Yeah spot on, i see the S&P was all over the place plus RSI could be over bought, a little cool of and go again is good.

Wally

Reverse repros 432 billion today vs 396 billion yesterday.

500 billion limit. Thursday / Friday should be fun.

Smallman1

A real hoot.

Wally

It will be when the stock market collapses.

Wally

Gamestop revealed their blockchain NFT tech last night - powered by Ethereum. Launches on July 14th.

https://nft.gamestop.com/

Crypto dividend please Gamestop!

Funky

Thats kul. Premarket looking good not sure if its related to that news.

Wally

I would say it’s both a continuation of the recent trend upwards (it hit 216 before the NFT thing was announced) and the NFT. The thought that Gamestop could go to the shareholders meeting and say ‘hey, we want to issue a crypto dividend to our shareholders’ must have Citadel et al shitting themselves.

I’m expecting a massive push back today but I think people are starting to FOMO invest now. See what happens when it opens. 🙂

Millsy

Fomo will win until Friday imo. I’m expecting amc to hit 45+

Wally

Someone on reddit (not me, before you lot start) said he would shove a banana up his arse if GME finished above 200 yesterday. To be fair to the lad, apparently he delivered and posted a video paying his debt. lol.

I love the thought of the short hedge funds are reading reddit and its swinging from intense deep dive due diligence to people shoving fruit up their hoop on a dime. They must be thinking WTAF? lol.

Wally

GME and AMC off on a tear up in pre market. These happy days are yours and my happy days 🙂

Millsy

Wally mint…I am debating going all in.

Wally

They are both going to get shorted to fuck at some point today (the options tracker sites are saying all the shares available to short have been bought up for the third day in a row) so try and time it when it dips.

Millsy

Wally yeah, opening bell it is lol

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