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Strategies & Market Trends : Charts for Breakout II -- Ignore unavailable to you. Want to Upgrade?

To: Area51 who wrote (7843)	1/27/2021 9:09:44 AM
From: Julius Wong	Read Replies (2) \| Respond to of 8531

GameStop price target raised to $10 at BofA; shares set to open above $200 Jan. 27, 2021 7:41 AM ET GameStop Corp. (GME) By: Kim Khan, SA News Editor 46 Comments Bank of America says that pressure on earnings will likely bring GameStop ( GME, +60%) back down to earth. BofA is raising its price target on GME, but just to $10 from $1.60. That’s a 96% plunge from where shares are currently indicated to open.

To: Area51 who wrote (7843)	1/27/2021 11:07:30 AM
From: Area51	Respond to of 8531

The GME Feb 5 320 Call now bid at 172.55 x 179.95 but Ameritrade won't allow me to sell it short (unlike yesterday). The good thing is that with such outrageous call prices it may kill the infinite gamma squeeze effect? But I see no way to profit from these market dislocation (puts are outrageously priced also such that the risk/reward doesn't look that good unless you think the price will be less than 60 in a couple days). Maybe get a better broker?