This is undoubtedly a sticky-worthy happening. Overview:
Louis Rossmann: Why MSM's slander of /r/wallstreetbets pisses me off regarding GME
This is undoubtedly a sticky-worthy happening. Overview:
Louis Rossmann: Why MSM's slander of /r/wallstreetbets pisses me off regarding GME
Lol, trade here is to buy long puts regardless of how much “premium” is on them (price rise from bettors assuming this will come down eventually) and watching it like a hawk all day long until it happens and to sell it immediately in the fastest market since the last flash crash that second it’s habbening. Basically betting it will come down as they always do. Otherwise they eventually loose their value (because time erodes the value of these contracts). It’s like betting the Bucs will lose in the beginning of the forth quarter of the Super Bowl down by 4 TDs, but Brady could come back for the win - you only loose what you bet. If you short Brady and he wins you become homeless and Vinny breaks your fucking legs when he sees you blowing Carl Icahn in a back alley for meth.