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Originally Posted by CASe333
So I've googled and reread this a few times. Is it fair to say that a gamma and short squeeze are basically the same thing to us laymans but at different phases of the squeeze? In the case of a gamma squeeze call options are hedged so there is basically doubling down to keep bet going whereas a short squeeze is the outcome of what happens when bet is doubled down on and stock goes up so shorts have to cover their bets?
End of the day there is no way I would put $$ in GME at this point on either side unless you understand what is happening and think you can time it. The whole r/wsb mantra is buy GME and hold to the moon but as the stock rises at some point too many people will sell in mass as they cash out creating a tipping point and then the rest will try to sell as the stock falls like a knife. Good luck trying to time that.
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It’s just that, a bet.
When I’m at a casino I don’t view it as investing it’s betting. I set myself a limit then leave.
I know WSB is all about waiting until it’s $420.69 but I sure ain’t. If I double or triple the money on GME I’m out and I’m happy.
BB I view as a legit 3-5 year investment. Maybe longer if some of the prognosticators are correct in the tech they can offer the Amazon’s and Apples of the world.