/biz/ - Business & Finance

>>26724203
please explain in retard

>>26724461
Keep an eye on Tesla

>>26724620
Q

>>26724203
redpill me on MNKKQ

>>26724203
Fake news

>>26724461
Both Gamestop and Ligand (LGND) are being shorted in excess of 100% their float (i.e. shares in circulation). This is technically illegal but it is also mathematically impossible to pay back if a mad crowd just starts to seemingly irrationally just buy and hold.

For GameStop this will reach a climax probably tomorrow at the close as a lot of options are set to expire.
For Ligand I'm not sure.

>>26725026
i don't even get this cope, do you not get it or...?

>>26725075
and then what

>>26725230
Government bail out. People will be upset because biden flipped on his promise for stimulus but is willing to bail out hedges. More happenings

>>26725026
Wrong.
https://financhill.com/most-heavily-shorted-stocks-today

>>26725075
why is everyone shilling AMC, NOK, BB and not LGND?

DO NOT SELL GME THIS WEEK!
FRIDAY IS A GAMMA-SQUEEZE, WHICH IS A CHANGE IN STOCK PRICED FROM ALL OF US BUYING SHARES AND PUMPING ITS VALUE

THE HISTORIC SHORT SQUEEZE WILL TAKE PLACE THRU THE NEXT 1-2 MONTHS, BUT *ONLY* IF YOU HOLD YOUR SHARES THRU THAT TIME

SHORTLETTES ARE TRYING TO SCARE PAPERHAND ANONS WITH STOCKS INTO SO MUCH EXCITEMENT OVER FRIDAY IT SHAKES THE STOCKS RIGHT OUT OF YOUR WEAK PUSSY ASS HANDS BECAUSE YOU'VE NEVER HANDLED BIG-BOY MONEY BEFORE

DO. NOT. SELL.
NOT THIS WEEK, NOT NEXT WEEK.
IF EVERYBODY HOLDS, YOU WILL SEE INSANE GAINS OVER THE NEXT 1-2 MONTHS
DEPENDING ON HOW MUCH HEDGE CAPITAL IS REVEALED TO BE TANGLED IN THIS NET OF SHORT LOANS, WE COULD VERY WELL SEE STOCK VALUE EXCEED $5000/SHARE

BUT NOT IF YOU GET SO FUCKING EXCITED ABOUT HANDLING MONEY YOU DROP YOUR STOCKS BEFORE THE SQUEEZE EVEN HAPPENS

FUCKING EDUCATE YOURSELVES, READ ON ON GAMMA SHORT, READ ON SHORT SQUEEZE
DON'T SELL THIS WEEK, DON'T SELL NEXT WEEK
THE SHORT SQUEEZE ONLY HAPPENS IF YOU HOLD WITH DIAMOND HANDS

>>26725577
They have some decent midrange value if you hold even if they don’t shoot off.

kek LGND might be even worse if people poomp that

>>26725577
I dont know.
I've been trying to but I'm all alone.
Fuck this shit.
The fucking shorters raided LGND and i'm in a loss.
Meanwhile fucking memes like AMC that's not even close to being 100% short are up 300%.

>>26724203
>ligma

>>26725026
do you even know how to use a fucking browser? Expand the stats on gme.

Doesn't this just mean that everyone has shorted it to hell on a longer timescale? What would imply that all the shorts expire tomorrow?

>>26726009
ligand deez nuts

>>26725991
AMC is up because they gonna reopen Cinemas etc. and it is shorted too.

>>26726121
Keep your thoughts to yourself, we are waiting on weak hands to sell off before they realize its a much longer play to a much higher price.

>>26725785
Thanks anon, I'm retard and barely know what's going on. I FOMO'd in like a dumbass but I don't care what happens to the money, my hands are staying strong just to see crying jews and boomers on TV. That's the only payoff I need.

>>26725785
>t incestopedia investor thinks he understand how this works
Lmao gl

>>26725445
Occupy Wallstreet 2.0 with angry BLM / ANTIFA turned on the system could be very interesting. You can't tell me their useful idiots wouldn't want to protest that in their 'peaceful style'

>>26725075
>For GameStop this will reach a climax probably tomorrow at the close as a lot of options are set to expire.
I thought they're expiring on friday

>>26724461
imagine all those nerds who pumped game and all the billionaires who shorted it expecting the nerds to make a return but nerds just meme and every second is another second closer to the billionaires losing billions
im holding my game and lll be shorting qqq

tomorrow is thursday not friday
nothing happening thursday

>>26725991
>>26725577
>>26725075
ive been trying to say this
if everyone has their own pick they will get destroyed by the shorts
GME works because of the amount of people on one side against the shorts

>>26724461
Hedge funds are being held hostage by autists for potentially infinite loss

>>26728267
it’s like they thought democracy wasn’t controlled by the majority

Thoughts on this? Look at that short!

>>26725484
>LGND
>107.25% short float
>31 days to cover
why isn't /biz/ and reddit shilling this more?

>>26725577
Still affordable is why

>>26725026
Are you wearing the nightmare goggles?
It’s exactly the same.

>>26728860
kek
Makes sense.

>>26728267
MAXIMUM KEK

>>26727332
please anons, what is the source on contracts expiring thursday or friday. Equities don't have contracts, this would make sense in commodities or options but not equities.

My understanding is that if the hedge fund in question has sold calls or bought puts there is no contractual necessity to buy in equities they simply will lose the premiere on the options as the options expire.

>>26728670
Can it pull a GME kind of gains if we do? Where the high iq stock traders at? what about LGND??

>>26725785
i dont care about the money
when i see kikes jumping out of their corner office windows, that's when I sell

>>26728483
It’s shorted almost 400%
It’s less than a penny a stock!

>>26729211
So then we just need to push prices high enough until they get margin called?
At which point they have to liquidate all their assets and buy back as much stock they can in order to cover their positions?
Thereby transfering their wealth to autists?
Interesting.

>>26725026
https://financhill.com/most-heavily-shorted-stocks-today

>>26729345
All I know is that the price action today was out of the ordinary.
Deliberate dumps. Which seems as if some hedge fund is doubling down on their position trying to get the momentum traders and quants on their side.
I have 285 LGND and I will not sell below $500.
It will be... Ligandary.

CRASHING THIS ECONOMY

WITH NO SEMITICS

>>26728483
This was 12k before the 2008 market crash?

>>26725577
diversionary tactic.

>>26724203

I took a big stake in MNKKQ at.30 today. It's cheap, it actually has a potential upside with drug approval possibly coming up on the 1st which would send the stock up non-meme, and there is a shittown of short interest out there that can easily good cooked and very quickly because there are so many shares.

>>26729630
Yes but if other billionaires loan money to this hedge fund and they double down on their shorts, he who has the most money will win the game, I have a feeling that we do not have the most money.

>>26730575
You are sorely mistaken if you think it's just us autists in on this

>>26731433
tfw we get to see the lines of loyalty at the top

>>26731433
>>26730575
>>26729630
>>26729211

this is the whole point.
also more shares are being borrowed for shorting still.
they are suicidal.

>>26724203

>>26725075
>Both Gamestop and Ligand (LGND) are being shorted in excess of 100% their float
Materially false

>>26725026
top retard

>>26724461
jews about to get what they fucking deserve

>>26724203
I own 0.6 GME shares, 1.6 NOK shares, 0.7 BB shares, and 2.17 AMC shares how likely is it I will be a millionaire by next week with these

>>26725445
Kek, can’t wait for the leftoid cope parade after that happens

That fucking website is missing SPCE

https://www.highshortinterest.com/

Get in before everyone else finds out

>>26724203
Yeah when SEC nullifies the short from illegal activity and they get bailed out, it's going to be amazing when Reddit panic-dumps all over itself.

>>26732208
how does a qt asian gf sound?

>>26730575
>he who has the most money will win the game
Yep, but they are cornered while we have nothing to lose. What happens if they keep doubling the short forever and we keep holding forever?

>>26732335
I made some good money by shorting SPCE today

>>26731818
huge buy signal.

>>26726343
I am praying for this so fucking hard

>>26730575
>>26732431
Would it be legal for GameStop to increase capital? That would fuck us

>>26724203
I've got a grand to burn. Which meme stock do I buy?

>>26733124
Nakd

>>26725577
because it's cheaper. getting AMC to $100 is 10x return from this morning, and is more likely than getting LGND to $1500

>>26732909
It's not in their interest

>>26732231
As if Trump's administration hasn't done exactly that all this pandemic.
They're all fucking us over, not just "the left".

this fomo is killing me AAAAAAHHHHHHHHH

BE HONEST AND NOT INTENTIONALLY EUPHORIC

What will this hit? I'm quite certain of 1000, is 5000 retarded or quite likely?

>>26733413
The left and right are both neoliberal capitalist puppets at this point, anon

>>26731818
But I'm asserting that there is a real underlying value to gamestop and even an honest estimate of its value according to /ourguys doesn't put it at even 250$. So (((they))) actually have the correct bet based on underlying value. They were originally leveraged incorrectly but now we are leveraging incorrectly in comparison to value and I imagine they are lookin to exploit that by adding shorts at this point. Basically turning their original mistake into a gain.

>>26733510
5000 could be possible if the hype is there.
These hedgefunds are basically screwed and they have to buy shares no matter the price.

>>26733510

I put in sell orders for $5000

I am hopeful as well but no one will know for sure

>>26733510
I think ATH will be 3k if the people hold until Monday.

lets be honest, are they already blaming trump for this?

>>26733646
But more importantly is understanding the rumor that a contract is ending either this friday or monday that will force them to sell. I dont think this is realistic, since there in no contract like that in an equitites market that I am currently aware of.

Of course If I am mistaken I want to see that I am mistaken so I can go long 25k plus at the current price. Thursday during the trading day.

>>26733721
>>26733781
Absolutely delusional. Pathetic how little anyone understands.

>>26733783
CNN was blaming trump and whitey.

>>26733510
10,000

>>26733956

>>26724461
jews are adamant they will outsmart the dumb goyim. but alas the goyim now also have enough shares to fuck the jews
in a battle of eye staring contest who will blink first? the shabbo goy or the stinky jew?

>>26733956
If I put my sell order for a billion they have to buy, right

>>26724620
Is it legitimately going to crash? I know people who have been holding for years.

>>26733646

There is a value to the fact that a large percentage of people have to buy the stock within the next few days.

Information is everything, and that information cannot change. They cannot get out of buying to cover their shorts.

That has value.

why us ligma pharma so shorted?

>>26734336
ligma balls, that's why

>>26724203
god I wish. I used NEET bux but only got shares today missed the big dip boat

>>26727045
whose gonna finance it, blm does not organize itself

>>26734188
is it going to crash? sooner or later yes, almost definitely. then again elon has formed something of a cult, so who knows really.

>>26733383
Why not? Shit like this happens all the time.

>>26725577
To get your dumb ass out of GME, the only game right now.
They are trying everything. Fucking kike bastards.

>>26734336
ligma pharm deez nutz

>>26730041
I just saw it on zerohedge.
https://www.zerohedge.com/markets/most-shorted-stocks-update-here-come-microcaps
Boomers are already taking advantage of it. Why not us?

>>26734649
Because GME has literally no reason to throw in with the shorts who want to sink their company dumbass

>>26725484
So when the float is lower than the short is that when the squeeze happens?

>>26734223
Who are these people that have to buy the stock within the next few days? As in what contract is forcing this? I don't know of one. This is the question what is the contract that is forcing this?

>>26730060
Jews love this

>>26725785
Thank you oh wise one. I got 75 shares in AMC. Gonna buy more tonight.

>>26725075
Isn't this the plot of the Producers?

>>26724203
I bought two stocks with the lil' monchets I made fucking around, that was some time ago and I came back and got in pretty decent but when to sell?

>>26725785
source that all of the short interest expires on friday?
seems like you are shilling to cash out tomorrow afternoon
The image says 6+ days to cover

>>26735277
All it takes is an agreement: 1 billion extra cash for me, lots of cheap shares for you. They just need to out cash Reddit

>>26725785
SEC already said they won't let this happen. Sorry anon dumped all my shares and went short

>>26725785
This. Fuck the divide and conquer NOK, BB, AMC shills. And the people who think Friday is "do or die" will sell early. Friday is just the gamma squeeze. Short hedge funds are bleeding tens of millions per day collectively.

>>26735750
Reddit, 4chan, based Chamath Palapatalaya and Elon.
Good luck.

>>26734891
Not only they psyop us into going away from GME but they crash the apps so we can't buy it anymore. The game is so fucking rigged it needs complete annihilation.

>>26735909
SEC will not do shit, Biden won the election, cope

>>26725577
Remember in 2017 when all the newfaggots bought into XRP when BTC was mooning because they thought it was going to be the next BTC and was only a few cents "per share"?

GME shorters only hope is to convince enough newfaggots to go into AMC and other meme stocks instead of GME so they can force the price down and trigger a panic sell.

>>26736189
Are you ready to double your GameStop meme shares stock to Jew the jews?

>>26733124
GameStop. this situation is too unique to miss

>>26736442
We won't see another stock like GME for a decade, perhaps multiple decades. BUY IN, FORCE THE SQUEEZE

>>26733313
AMC is worth 2.2B
LGND is worth 2.6B

The risk you take by buying LGND is that it falls back 25% to its fair value of $120.
The risk you take by buying AMC is that if falls back 85% to its fair value of $3.
Dont be retarded, it makes us all look bad.

>>26724203
>Ligma Pharmaceuticals in second place

>>26727453
>Shorting QQQ
My man

>>26736618
>implying the share price is connected to a company's fair value anymore
NGMI

>>26725785
they are going to have to liquidate the entire NYSE to beat this short squeeze

>>26737055
Don’t be ridiculous this is nuts

Wish it wasn't too late to get into this GME busines, but can't be helped

Shitron are claimed they are already out of the position. Unless they are lying, which I would put it past them.

>>26737189
think about it though; all these hedge funds are all owned in a massive spider web by every single financial institution a hundred times over. all the banks and firms that technically 'compete' with each other are all owned by each other. it's a big incestuous mess.

there are no sacrificial lambs this time; they HAVE to beat this short squeeze. all they know how to do is lie, steal, and double-down on lying and stealing. that, and cry to the government for help when they lose. either way we win. I don't care if they get bailed out. it's about sending a message. it's about making it hurt.

>>26733921
Friday is the end of the month, so all of the old contracts are expiring that day, all are SUPER in the money so they will all be exercised, meaning market makers have to buy ALL the shares owed to settle them. This is all public knowledge. The price has been going up because of a massive gamma squeeze, there was low supply, a ton of buy+holders, and a ton of option interest, which caused market makers to buy more stock to continue hedging their contracts, which is what pushed prices higher.

Meanwhile, short interest remains just as high as ever, meaning these people either pay fees for their positions and are getting bled dry, or choose to get fucked in the ass to cover their positions, buying more stock and causing the price to go up further. This has yet to happen yet.

I put $4k of money I can't afford to lose into AMC today. All or nothing boys....

>>26737776
livestream your suicide

>>26725577
Literal, unironic psyop.

>>26737776
you're an idiot, how could you fall for that

>>26737910
Won't have to. If AMC moons even more then I can do my current goal of buying land in Wyoming and building a log cabin on it. Fuck wageslaving.

>>26737776
the fact that you were one digit off of quads seems reflective of your life choices. Close, but no cigar.

I am not in stocks but sincerely hope all of you make it, frens. Love you, wouldn't be where I am today without you.

>>26735456
It means that 2.5x the entire float would have to be traded JUST to close the shorts, in addition to people buying and selling like normal.

>>26728670
Because GME is fucking over 200% short and the squeeze is right about to happen.
Why the fuck would we bet on something a month away right now?

>>26737776
You're fucking retarded.

PEAK BUBBLE

>>26738868
Well, guess it's back to wage slaving if I do indeed lose it all.

>>26734649
their directors, ceos etc. all own shares in GME

>bbbut they will dump this week

WRONG!!!

public companies have something called trading windows.

>Generally, the Trading Window opens two business days after quarterly earnings are released and remains open for 30 calendar days

they are probably prohibited from selling at this point

>>26737776
>All or nothing boys....
oof man whenever anyone says this they always regret it

>>26739058
meaning this squeeze will most likely last until march or so until their next earnings release at which point they will most likely flood the market with shares and sell at the same time and tank their stock

>>26739141
It's not actually all my money. Thing is, I'm already depressed as fuck and I've realized that I'm too lazy to get successful without meme stocks/crypto.

>>26728267
I pray you magnificent autistic bastards pull this of. Take the system down and make people better of in the process.

>>26724203
Why the hell are we not piling up on FUBO?

>>26724203

my best insider picks

https://www.trading212.com/pies/l7j6LA1LVVkBlGX34MaN8w4bUY3o

>>26738337
Go into BTC once the shtf all that money is going straight into grandpa coin

>>26736820
Oh you're actually playing the 'this share is 16$ so i'm going to buy it instead of this share that is $160 logic.'

Ok. Just know once you play at that level, there aren't that many even dumber people with money on whom you can offload.

>>26724461

>>26729105
shes so cute, how the hell does a guy like this find this qt

>>26742092
Do you not realize what board you're on?

>>26741554
>Ok. Just know once you play at that level, there aren't that many even dumber people with money on whom you can offload.
Wrong. Look at 80% of the stock market is right now. The only TRUE value of a stock/ company is the present value of all future dividends that willl be paid to you. You really think TSLA, AMZN, etc. will be paying investors a worthwhile dividend in the foreseeable future? It's all finding a greater fool.

>>26724203
>all time.
All time?

>>26737776
he fell for the meme kek
thanks for playing

Bros don't touch CHK, they already performed a stock split to save getting delisted from the NYSE, and they've been bleeding money for fucking years even before the pandemic. They're fucked beyond repair with shit management.

>>26738313
This. Kek, but also not kek.