/biz/ - Business & Finance

I think only 69 million shares exist, so if it stays over 200 its not happening

>>26635726
>float
>money that's temporarily double-counted in the banking system due registration lag, according to investopedia
That's not how you're using it.

How do they buy more than 100% of shares in existence? I don't get it.

>@ 200 ea
uh, no. i'm not selling under 10,000

>>26635874
so they had zero contingency plan? apparently only invest what you can afford to lose is foreign to them

>>26635946
When they short, they borrow stocks and sell them, with the intent to buy later when the price is reduced. So some of the stocks they have sold to short before have been bought again by them to short a second time, which is how it is over 100% of the available shares.

>>26635946
Borrow from A, Sell to B
Borrow from B, Sell to C
risky to say the least

>>26636129
How the fuck is this shit legal? My parents whole retirement is at risk because of this shit. Fuck the government.

>>26636109
>so they had zero contingency plan?
The authorities are monitoring reddit.
If any white nationalists try and manipulate the market they will be dealt with.

>>26636259
Well people aren't supposed to do it because it is fucking retarded, I guess the people that were shorting were expecting to bankrupt gme and not have gamers rise up against them to royally fuck them in the ass.

>>26636259
It’s not legal lol. But good luck ever seeing Wall Street hedge funds prosecuted. They do it with impunity and now they are getting burned and going on tv and crying. Fuck them. Fuck them all

>>26635726
>51,500,000 Float
where did you get these numbers

>>26636259
This is vigilante work, and the paradign has shifted

>>26635726
so if that's true and we don't sell under $1000, have we bankrupted whoever is going to bail them out? in the tens of billions of $?

>>26636592
Things will go back to normal.
Secure some profit and leave this to the big dogs.

>>26636483
stock profile. I just looked at another source and it said 47mm float so not sure which is more accurate

>>26635726
Since they obviously cant come up with that what doe sit mean for the price?

>>26636696
brokers may have to buy the shares to close out the shorts, maximum pain

>>26635726
take it from the police pensions

>>26636696
I don't know but I'm buying some tomorrow just to contribute to the shit show, I don't even care about the money

>>26636259
It’s legal so brokers and banks make money and besides we wouldn’t be having this if it was illegal.

>>26636259
unironic economic terrorism

>>26636674
what the bankruptcy costs reaches $500+ billion Mr. FBI man? surely you can't print your way out of everything...right?

>>26635726
14 billion dollahs!

>>26636259
This is why we're attacking them.
The message.

>>26636694
somethings fucking fishy here. link? screenshot? I don't think TD's numbers are accurate.

>>26636226
Why not finish by borrowing from C selling to A and running away with the shekels?

>>26636409
But won’t this just roll down the hill onto people who aren’t even slightly related to this short squeeze? My parents have to retire early because my dad got injured and now they might be fucked. Should I tell them to pull all their money tomorrow and put it in BTC??

>>26635726
brainlet here. how do I into trading? I have money in savings and 401k, would prefer to use 401k.

>>26635874
>>26636109
>>26635930
>>26635946
51,500,000 Fwoat times 138% means showt sewews need to come up with 71,070,000 shawes @ $200 USD ea fow a totaw amt owed of $14.2Biw?

I think onwy 69 miwion shawes exist, so if it stays ovew 200 its not happening
so they had zewo contingency pwan? appawentwy onwy invest what you can affowd to wose is foweign to them

>fwoat
>money that's tempowawiwy doubwe-counted in the banking system due wegistwation wag, accowding to investopedia
That's not how you'we using it.

How do they buy mowe than 100% of shawes in existence? I don't get it.
When they showt, they bowow stocks and sew them, with the intent to buy watew when the pwice is weduced. So some of the stocks they have sowd to showt befowe have been bought again by them to showt a second time, which is how it is ovew 100% of the avaiwabwe shawes.
How the fuck is this shit wegaw? My pawents whowe wetiwement is at wisk because of this shit. Fuck the govewnment.
uh, no. i'm not sewing undew 10,000
Bowow fwom A, Sew to B
Bowow fwom B, Sew to C
wisky to say the weast
>so they had zewo contingency pwan?
The authowities awe monitowing weddit.
If any white nationawists twy and manipuwate the mawket they wiw be deawt with.

Wew peopwe awen't supposed to do it because it is fucking wetawded, I guess the peopwe that wewe showting wewe expecting to bankwupt gme and not have gamews wise up against them to woyawy fuck them in the ass.
It’s not wegaw wow. But good wuck evew seeing Waw Stweet hedge funds pwosecuted. They do it with impunity and now they awe getting buwned and going on tv and cwying. Fuck them. Fuck them aw
>51,500,000 Fwoat
whewe did you get these numbews

This is vigiwante wowk, and the pawadign has shifted

>>26636773
Same

>>26637069
>BTC
You mean LINK?

>>26637069
nothing will happen to your retarded parents retard.

First trade ever I put in $1,000 at $140 and sold at $212. It was fun.

>>26636835
>what the bankruptcy costs reaches $500+ billion
This won't happen, in 1942 after the holocaust my grandpap told me never again.
I took my oath and will see it through the alt-right doesn't succeed by any means necessary.

The truth is these kids don't know who they're dealing with, and I suggest they exit their position before it gets ugly.

>>26635726
69.75 Million outstanding shares.

>>26636694
https://seekingalpha.com/news/3654580-gamestop-ends-the-day-up-90-to-add-more-pain-for-short-sellers
ok some guy (whos entire company is about short companies) says its 140%

>>26636840
>I don't have 14 billion dollahs!
>I lost my shoe I got these pills!

>>26637156
well done

Is it worth it to buy 1 share then hold till friday? will i even profit?

>>26635946
Put options

>>26637282
thank you

>>26637290
yes

>>26637290
the most you can lose is $200.

>>26636835
Sure they can. And it's bullish for BTC

>>26637220
Holocaust never happened, but there is still time to make it real.

>>26637191
Fuck you shithead no one knows hoe massive the implications are going to be from this happening. I agree with the sentiment of fucking over Wall Street but I’m already completely in crypto. They’re just going to get bailed out AGAIN.

>>26637156
Thanks for the analysis

>>26637281
>well, how many of your 71 million shares owed can you pay today?
>uhh, 3 dollars?

>>26637156
wtf

>>26636268
Monitor my crotch. Wait, thats gay, i take it back.

>>26637454
thank you
>>26637611
im sorry

Howocaust nevew happened, but thewe is stiw time to make it weaw.
Fuck you shithead no one knows hoe massive the impwications awe going to be fwom this happening. I agwee with the sentiment of fucking ovew Waw Stweet but I’m aweady compwetewy in cwypto. They’we just going to get baiwed out AGAIN.
Thanks fow the anawysis

>wew, how many of youw 71 miwion shawes owed can you pay today?
>uhh, 3 dowaws?

wtf

Monitow my cwotch. Wait, thats gay, i take it back.

>>26635726
Where's this 138% figure coming from? Where can I see the current % shorted shares?

>>26636483
>>26636694
>>26636952
>>26637749
>Morning Star
Yes, they're way over extended. Hedge fund managers screwed up big.

>>26635726
>138% short
t-this isn't real is it? how can you sit there and think, "this is a good idea"

>>26637156

Now this is shitposting

>>26637820
>how can you sit there and think, "this is a good idea"
When you've done it a hundred times before, crashed a company to the ground and profited greatly from it.

>>26636259
>>26636129
I don't see what's wrong with it. You're borrowing the same share twice from different people.

>>26637410
Literally one hedge fund is getting basically hostile take over.

>>26637156
>wew lad
fine fucking stuff, this.

>>26637820
https://www.highshortinterest.com/
https://finviz.com/quote.ashx?t=GME&ty=c&ta=1&p=d


FINRA shawes vowume aggwegated execution data of daiwy showts hewe. The wist is wathew exhaustive, but atop thewe is a tabwe-stywed headew to wefewence anon
Hewe's a consowidated wist of secuwities hewd on muwitpwe exchanges, GME shouwd be thewe.

>http://regsho.finra.org/CNMSshvol20210126.txt

Pwease note that FINRA has expwicitwy wemawked on the excwusion of naked showt data in theiw wepowts.
>>26637906
cocaine.

>>26636964
>borrow lawnmower from neighbor A to sell to neighbor B
>borrow it from neighbor B and try to sell it back to neighbor A

Could you think of a reason neighbor A wouldn't want to buy his own lawnmower back?

>>26638212
>http://regsho.finra.org/CNMSshvol20210126.txt
I wish I knew what to do with this data

>>26638394
Twy the othew winks, they awe mowe compwete anyway. Though those may awso excwude naked showts sawes.

>>26638311
Why would A pay for something he already owns and is lending out?

>>26637818
LOL wow that's even worse than 138

this is all very fishy - gamestop brought in the guy from chewy around the same time melvin capital bought a bunch of chewy shares, cohen buys 9 million gamestop shares ~$15 this will never get investigate properly but i guarantee you the retards on reddit will take the blame for what was probably a planned demolition/robbery by the fund managers. especially suspicious when they doubled down and took another 3 billion on

>>26637818
Wait... if you calculate it that's just 102% short out of total shares. But on the other hand that data was from Dec 31 2020

>>26638850
They doubled down. They got burned, received 2bn in bail out, and shorted even more.

>>26636813
Not the proper use of the word ‘terrorism.’

>>26638799
checked, psyop confirmed

>>26638794
>>26638394

You can attwiubte 100+ pewcent vawues to naked showts, not unpopuwaw with mawket manipuwation. He may sew showt without fiwst bowowing the shawes, this cweates an infinite possibiwity of showt shawes as he can pwomise to sew shawes that he does not yet have. He is obwiged to dewivew on his pwomise ow he couwd get into big twoubwe. It is an extwemewy wisky and sometimes nefawious exewcise, and it sometimes damages mawkets.

This is a good wead if youw intewest is piqued. It's not 100% on topic, but it's thewe.

https://web.archive.org/web/20110621190856/https://counterfeitingstock.com/CS2.0/CounterfeitingStock.html

>>26637220
You do know that the vast majority of the people involved are from and currenty on reddit right? We are not the ones calling the shots. Just a coincidence that both parties hate the same people this time.

>>26636129
so they sold to themselves and then sold it again?
doesnt that mean they already bought once?

>>26639592
thank yew anon, it's pawst my bwedtime but I'll wead it fiwst thing tomorrow

>>26637156
seethe

>>26640038
What?

>>26637156
Nice

>>26640292
Thank you

>>26635946
It’s all IOUs. They just have to buy all them , pay the shares back , then buy more once they circulate again , wait and buy them again , that’s what’s causing this whole thing , they cannot all close positions without sending this think to like 50k / share. Big dick hedge funds are trying to borrow money to wait it out until it cools down but they’re also increasing risk. It’s a dilemma and there will be laws preventing this amount of shorts in future

>>26635726
This is a good way to stay poor.

API3 solves this.

>>26635726
At this rate they will soon enough money to reissue the Battletoads!

>>26639234
If you see Andrew Left video you will see that this is indeed terrorism

>>26637187
FUCK OFF SCAMMER

>>26636109
The people at the top are so far removed form reality, an epic crash to the ground was inevitable