Gran Tierra Energy Ord Shs T.GTE

No news?

[Bobbyme]

What is going with this one....sold after the climb but dont understand....please share

[Trader124]

yes there is news

[Bobbyme]

On the 26 i know.....bit what about yesterday the stock did not climb?

[Trader124]

ok got your point. maybe a guy on wallstreetbets mentions GTE hahaa

[molsonca]

There is a massive group of retail investors in the U.S that are coordinating together to run up stocks that are heavily shorted. They pushed gamestop up 1700% in a week. They are doing this to screw the hedge funds that are shorting stocks. I don't think they went after this stock but I'm willing to bet the people shorting it got out today really quick.

[2020oilgamble]

This post has been removed in accordance with Community Policy

[Bobbyme]

Ooook so what was today going on? two days old news?

[2020oilgamble]

This post has been removed in accordance with Community Policy

[molsonca]

Much of today was day trading on the hopes the reddit group was pushing the stock. I personally traded my entire position 3 times today. If the stock goes up over 50% again tomorrow than its a good bet they are creating a short squeeze. If you want to research what is going on read about gamestop, blackberry, first quantum etc. all of them shot up over 300% in mere days on a created short squeeze.

[RHertig]

I was thinking when the were looking for GMT and it wasn't there the suggestion was GTE and they confused it. There isn't enough short here to run a short squeeze.

[Bobbyme]

That is what i think....no short squeeze....i think there is something bigger going on.... dont flrget this stock has a pretty high book value of 3$ and something....debt will bencheap formthe few next years....

[Trader124]

i was joing when I said it's related to wallstreetbets. it got nothing nothing to do I did the search and not even one post or comment about GTE so no it's not related to short squeeze of wallstreetbets. lets make that clear and not start a false rumour 

[Maxmoe]

Here are two big numbers. I love numbers 1) There were according to stockwatch about 430000 trades. So for 400 million shares, that's an average trade of under 1000 shares. Hmmmm.  Sounds like a computer algo gone wild.  2) at 430000 trades if the average broker charged $5, that's $2 million in commish. For one stock, for one day. Better buy broker stocks boys. Or if all those

[RHertig]

whatever happened I just hope it continues today.

[Trader124]

It doesn't look like it will. It's down 8% on pre market so far.  anyway its still early 

[Bobbyme]

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