GME is up another 40% to $89, absolutely poleaxing all the shorts. They’re all dead.
I stand before all of you a most victorious man. I was supremely positioned into high beta short squeezes, all 5% positions, and liquidated it all this morning up 9.8%.
MTD I’m up 52%. See pal, that’s who I am and you’re nothing. You like to trade stocks? Fuck you, go home and play with your kids.
So now I’m 100% cash in my trading, but still long in my quant and long term accounts — both up a pedestrian 100bps. When I feel like it, I’ll likely dive back in to redouble my efforts and double my gains.
My biggest winners were BB +41%, AMC +30%, YI +27%, GSX +19% and it goes on and on in a nauseating whir of decadence. I am not comfortable with so much success derived so easily. Nevertheless, I’ll accept it and thank the stock Gods for their gracious gifts.
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I have seen mathematical targets for GME up to $800 – this is based on the fact that our genius masters of the universe overlords sold more short interest THAN THE ENTIRE GME FLOAT CAN COVER!
50% is good?
In how many minutes?
The bar is low nowadays with those Robinhooders dabbling in my market.
In the immortal words of cock philosopher Richard Weiner: “when I twang my wang, it peaks then leaks”
What do you think of $KO here?
Nice dividend, good for conservative accounts. Better than a CD but not much more exciting.