The fish that got away stories are so boring. The world of trading is full of them, of course. And – – honest – – honest injun!! – – I was looking at GME early on Wednesday and thinking to myself, “it seems to have stabilized above $40. Maybe I should buy a ton of it in my virtual account.” But I didn’t. I just moved on with my day. And then this happened:
Having fallen from $513 to $40, this sucker has quadrupled to $160. So although I regret my virtual account missing this opportunity, meh, at least I’m not short this crap. Looking at the IV Rank, you can see how we had collapsed until today came along, and then BLAMMO.
I thought the GameStop story was already spent. Apparently not. It’s fun to watch………at a safe distance.