Tags
Tab Item Content
Join Us!
Archives Meta
Reddit is sending A...
 
Notifications
Clear all

Reddit is sending AMC, GameStop stock to the moon. Here's how

17 Posts
4 Users
3 Likes
3,570 Views
Lannie avatar
(@meleona)
Posts: 806
Member
 
Posted by: @rambo
Posted by: @lannie

We could learn a lot about the REDDIT stock trading community. 

the stock regulators are trying to stop this from happening again. The lessons here is to surround yourself with a large group of stock traders and use massive numbers to your advantage

I don't get it even if we have a group of 1,000 how would that affect the stock prices?

 
Posted : 03/02/2021 1:14 am
josh avatar
(@zexsypmp23)
Posts: 4380
Member Registered
 
Posted by: @lannie
Posted by: @rambo
Posted by: @lannie

We could learn a lot about the REDDIT stock trading community. 

the stock regulators are trying to stop this from happening again. The lessons here is to surround yourself with a large group of stock traders and use massive numbers to your advantage

I don't get it even if we have a group of 1,000 how would that affect the stock prices?

This is going to be very long to explain, I should start making Youtube Videos. 

to make things short 1,000 people can create a buzz with the trading community. the first 1,000 people will make money while the next 100,000 investors will lose money like a pyramid scheme. 

 

 

 

 
Posted : 03/02/2021 1:25 am
Lannie avatar
(@meleona)
Posts: 806
Member
 
Posted by: @rambo
Posted by: @lannie
Posted by: @rambo
Posted by: @lannie

We could learn a lot about the REDDIT stock trading community. 

the stock regulators are trying to stop this from happening again. The lessons here is to surround yourself with a large group of stock traders and use massive numbers to your advantage

I don't get it even if we have a group of 1,000 how would that affect the stock prices?

This is going to be very long to explain, I should start making Youtube Videos. 

to make things short 1,000 people can create a buzz with the trading community. the first 1,000 people will make money while the next 100,000 investors will lose money like a pyramid scheme. 

 

 

 

I don't get it

 
Posted : 03/02/2021 1:32 am
josh avatar
(@zexsypmp23)
Posts: 4380
Member Registered
 

@lannie

Shares ofGameStop(NYSE:GME)extended their torrid recent gains on Wednesday as a horde of traders rushed to buy the video game company's stock in attempt to crush short-sellers and drive its price to astronomical levels.

As of 1:25 p.m. EST, GameStop's stock price was up a shocking 125%.

Yet the stock's incredible rally could be nearing its end.

  1. 1,000 hypemen buy a Gamestop stock for 10$ each per stock ( 2,000 shares)
  2. they create a hype online
  3. 100,000 more join because of the hype = 10$ jumps to 50$ per share
  4. surge makes people crazy then another 200,000 joins = 50$ per stock becomes 150$
  5. more people come = $150 becomes $450 

 

now the 1st 1,000 hypemen earned $900,000 USD.. 

 

 

 
Posted : 03/02/2021 1:46 am
Flower Girl reacted
josh avatar
(@zexsypmp23)
Posts: 4380
Member Registered
 

now the majority of the stockholders are selling their stock! the stocks went from $450 to $90 stockholders. 

so the late comers lost their money. 

 

 
Posted : 03/02/2021 1:48 am
Flower Girl reacted
Page 2 / 4