The FTSE

  • Thread starter Thread starter worsleyweb
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Not got any shares in GameSpot, but it is interesting watching what's happening.
There was a similar article on the BBC this morning about GameSpot shares "plunging" but whenever I've looked this morning, they seem to be still massively green pre-market.

Something dodgy going on here. Maybe we are seeing fake news at its finest.
NOK showing $5.87 pre-market compared to $6.55 at close yesterday
 
NOK showing $5.87 pre-market compared to $6.55 at close yesterday
Yes Nokia is down, but take a look at GameSpot, currently +34% pre-market (according to Yahoo finance) yet I've seen three different news outlets stating that share value was "plunging" pre-market.
 
3 at $140 I think.. I've got around 3.5 in total.. it clearly won't make me rich but I thought I'd have a dabble...

My two lads mentioned it and I thought I'd have a (very small) bet on it
It’s a game of chicken. If everyone holds then everyone makes money (apart from Melvin Capital et al). It’s basically group game theory as you have cunts like me jumping out as I had $1,000 profit on $350 in one day and being rational and saying “yeah I’ll take that” whereas the /WSB kids are saying “If we all hold we can get the share price to $5,000” (which is possible).

It’s so weird though, I often close deals that net me five figures and I don’t get nervous as that’s what I’ve done for the best part of two decades and I’m good at it. But put me in a volatile stock for $350 and I can’t concentrate on anything other than that stock.
 

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