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Kraken

Member
  • Posts

    54
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Posts posted by Kraken

  1. It's interesting to see how things have changed since February.

    GME is now basically persona non grata on WSB and is universally dumped on by the media, but despite that it's been in triple digits since March, and over $200 for weeks now.

    I actually believe that GameStop is a good turnaround play, considering that the company is making moves to modernise its business model, has raised a lot of capital, and wiped out its prior debt. A short squeeze is just icing on the cake (and no, the shorts haven't covered, despite what the media would have you believe).

  2. On 30/01/2021 at 23:33, Minimalist said:

    To be honest, if this pumps when I hold mostly Gold and a little bit of Silver ill be disappointed.

    If any of you Reddit Wallstreetbet people are looking in here… What you doing? Help a brother out? Pump they Gold Futures! Forget Silver! Gold is the source of the truth, the future, the almighty, the bankers nightmare!

    p.s. If any government agency is looking at this post; I may or may not own any metals or intend to advocate manipulation. I cannot confirm or deny that any of this message is true.

    I lurk (and occasionally comment) both here and on Reddit. The consensus view of /r/wallstreetbets is that Citadel, the company that bailed out Melvin Capital (the big hedge fund that shorted GameStop), have a significant holding of either physical or SLV, and are trying to spread FUD in the media to pump up silver and recoup their losses. CNBC's Jim Cramer has previously said about how when he was a hedge fund manager they'd leak false information to the media to get markets to move in the way that they want.

  3. 2 hours ago, Darr3nG said:

    Interesting graph:

    graph.thumb.png.0c4a0b6a74f3bec994191022ccf67cc3.png

    OPs thread contributions plotted against gold spot in dollars (trendline also included)

    Quick, get him to spam the thread a thousand times and then we can all buy on the cheap!

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