I liquidated both GME and AMC positions pre market for +166% and +30%, respectively. I can remain ignorant for only short periods of time until voices in my head yell at me “WHAT THE FUCK ARE YOU LONG GME AT $150 FOR?”
I never view a stock according to my basis, but where it’s trading now. Although pleasant, I cannot justify getting long GME at these levels, so I liquidated and greedily took the profits,
Next week I depart for Charleston for a small vacation, so I don’t need any headaches while I’m away. Trading will be light and blogging will be scarce. I’m up 600bps pre market and +141% YTD. I can do whatever the hell I want to do.
As for booking the profits ahead of what could be an epic short squeeze, I always opt for the fat middle and rarely if ever do I aim to time my sales at a top.If you enjoy the content at iBankCoin, please follow us on Twitter