/biz/ - Business & Finance

Probably. GME isn’t a shitcoin; it’s not going to bounce to greater heights in a couple of years.

>>26767413
name of this tiny titted tranny

>>26767413
President Joe Biden?

what's the opposite of BOOBA?

>>26767413
No... buy before the squeeze...

>>26767413
No

Thier board got banned so everyone is fleeing.

Know of any such similar schemes?

>>26767677
Cunny

>>26767413
yes
https://www.youtube.com/watch?v=qMqd6w6Eyg0&

No
This is our generational battle

yes, buy AMC

>>26767413
Starbucks Slut

>>26767413
Tomorrow is last stop I think, but you are only going to make like 50% instead of 5000%. Im not going in because im a poorfag and not able to get money authorized into stock trading in time.

>>26767413
Gay

>>26767413

You will never be a woman kys

No,
Melvin borrowed more shares against GameStop than are in the market. Reddit noticed this and bought up enough of the shares to cause GameStops price to increase. This means that Melvin has to buy back the shares at a higher price than he paid for originally, to settle the debt. Melvin doesn't have the money because the retards want absurd amounts of money for the stock. Melvin literally cannot pay so he has to liquidate his assets and declare bankruptcy. After that, Melvin's broker inherits the bomb and if he can't defuse it it burns through him too. So long as the retards believe they can get 1 million per share they can get it. And then it will destroy the entire system.

No. Shills are afraid cause they shorted over 100%

>>26767413
NO it isn't
I'm putting more into the market tomorrow and will be holding, we'll see what happens Friday, it could go past the fucking sun.
Get in, it isn't too late.

>>26767413
Nope tomorrow is the last chance to get in my opinion. Boomers are going to be buying tomorrow and several celebs on twitter also said they are buying tomorrow. You should probably get on Friday or Monday though I'd you but tomorrow. That is my opinion if you choose to buy.

>>26767981
yeah I'm thinking based
buying gme when I get up

>>26767413
sauce on vid related?

>>26767413
What's wrong with that fucking guy?

>>26767413
Yes.

>>26768030
It's not time dependent. Right now they think they can outwait us. If we talk about "Friday" then they'll just convince their broker to wait till Monday.

We hold on as long as it takes to squeeze them out!

>>26767981
This is a complete black swan event at this point. People will compare it to VW but that was still only 53% of float. GameStock is being shorted 120%, meaning someone is on the hook for buying every single share and then some over.

Entirely unprecedented and I have no idea how they’re going to come up with that kind of volume. Elon is mocking them because he also fucking hates the shorters that constantly bet against TSLA.

A lot of people are tired of hedge funds, they’ve been a scourge and do nothing but leech from the economy based on FUD games and betting against our country.

They can burn in hell and we finally have the power to do it. It’s crazy because the infinite squeeze really has potential to happen now. Brokers or whoever holding the bag being forced to pay $1 mil a share to fill contracts.

I have a sinking feeling (((they))) won’t let it happen but I don’t know what they can do without destroying the entire confidence in the system for everyone.

>>26767413
>>26767841
>>26767872
See this retard? This means that there is still near 100% short rate even after Melvin Capital supposedly dumped their shorts yesterday. That means as long as the price stays above $70 by friday we all will get to sell GME at 1k+.

Buy GME tomorrow morning. Dont sell until AT LEAST monday.

I bought 317@$325 today. I'm putting my life's savings into this. The hedgies doubled down this week. I'm not selling until there is literally a line to get to the roof of the Melvin Capitol building to jump off.

FYI guys the short is now over 200 percent instead of 138 look it up. Boomers are buying tomorrow as well so good luck all.

>>26768656
140% shorted anon

>>26767413
Probably not.
The plan is to hold it until the shorts are fucked.

>>26767677
petitties

>>26767567
gme is far worse than a shitcoin. shitcoins don't
have decades of failure and could literally turn the corner at any moment. these shit stocks are dead and buried. that's why they're being shorted.

Your too late for GME but are early as fuck in YVS.

>>26767413
it's never too late to buy fractions.

>>26769078
Stop shilling random stocks you own kike.

>>26767413
poast benis

>>26768727
I literally just liquidated my retirement savings today so I could buy more GME. I'm either going to retire this year or never.

>>26767413
>too late
This is a mentality. You'll be too late on everything by thinking this way. Remove those words from your vocabulary. There is no such thing as too late. Get in or don't.

>>26767413
Who is this?

>>26769289
Your future basically hinges on how dedicated autists will be to the meme.

>>26769089
Is it worth it to buy fractions at this point? I just put in $10 as a goof and put the rest into AMC. Should I move AMC to GME tomorrow after it opens?

>>26768707
Who's gonna buy your stocks when it's time to cash out retard?

>>26767413
She's literally a rectangle. Cute face tho

people who opened their robinhoods yesterday/today cant buy gme till monday you're not too late

>>26767677
BOARDA

>>26769289
Just set relatively safe profit/loss points and you'll be fine. If it tanks 40% or so there's literally no point of trying to stay in.

>>26769445
Now I know how it feels to be an early adopter of crypto. I used to tell people holding bitcoin this. I was unironically just salty I wasn't getting in back then.
Can you be honest with yourself and say you don't feel like I did back then?

There’s plenty of shield to go around, brothers. You only need to take one up and HODL with all your might.

This is our fight. It might be digital, but the wall is there, and we need to hold it. Would you be the one to falter and let us all die? Or would you stand firm and yell our war chants against those that would face us?

HODL BROTHERS

US VS THEM
>US VS THEM
US VS THEM
>US VS THEM

>>26769445
They kinda just explained it to you. Whoever opened the short positions.

>>26767413
When your grandma is calling you and asking if you're into this hot new Gamestop thing she saw on the local TV news, the party is over and it's time to take your gains and go home.

>>26769665

>>26768983
shitcoins also don't have shortsellers on the hook to buy every available share


... nobody's talking about how WSB is nearing 4 million subscribers
up from 2 million on monday

>>26769445
a person or bot

>>26769445
The people who borrowed stocks to sell them and short them have an obligation to buy them back. If you buy $10 worth of stock the most you can possibly lose is $10. If you borrow stock that’s worth $10 and sell it for $10 (planning on buying back at a lower price to give back to the place you borrowed it from) there is no limit to how much you can lose, if it goes to $1000 you have lost $990 because the stock has to be returned, hence has to be bought back.

>>26767981
>>26768656
It's beautiful. Let it all collapse.

>>26767413
too risky imo
a lot of people are gonna dump on friday who knows what will happen

>>26767413
yes but you're just in time to buy NOK

>>26769410
We memed Trump into office. We can meme $10k into reality.

Lol you see this big rising? go for trash tokens thread
wanna check best gem? follow fucking top xsn with 1m daily volume
that’s what you should hold and forget about this fake shit that you try to shill

>>26767413
Now would be a good time to short GME.

>>26767981
You genuinely have no idea how this all works.

>>26768656
>they won’t let it happen
The house/casino isn’t allowed to lose. Of course they won’t. Also there isn’t enough money to pay $1 million per share for that many shares anyway.

>>26767413
BUY AMC AND MAKE IT

>>26767413
name of this semen demon?

>>26767677
dilate

>>26768656
It was 200% of float. Porsche owned 74%, gubbmint 20% and double the 6% available was shorted.

>>26767413
No. Buy NOK too.

>>26770004
what if they declare bankruptcy?

I've never in my life done anything related to stonks. It's nearly 11:30pm here, I feel like it's too late for my poorfag ass to learn and get something significant done before Friday.
I'll hold this L for not browsing /biz/ or being into stocks at all. Godspeed to you anons becoming rich this weekend.

>>26770775
the banks and brokers that backed them are on the hook

Do i buy now on etoro or wait for things to open? I just trade shitcoins, idk how this works

>>26768656
>someone is on the hook for buying every single share and then some over
I still don't understand how this is possible. What happens after they buy every share? They have to sell and then buy again?

>>26770775
their broker
if that fails
their bank
if that fails
the government
if that fails society collapses

AMC

>>26770780

some will profit sure, but the majority will be left holding the bag and get fucked over. this is how stocks go.

Yes. Buy the dip.

>>26770373
then enlighten us

>>26769289

oof

>>26770935

>>26767413
Hey fucknuts, stop asking this question. Just buy the goddamn stock already. It's bigger than you think.

>>26769516
I can't buy til Friday. I am beyond pissed but I'm admittedly a tourist from other boards. Rooting for all you fags tho.

>>26770935
They aren't buying the share to keep. They're buying the share because they owe it to someone else. They have to buy and immediately give it back to the person they borrowed it from.

>>26770921
try robinhood if in the US

>>26767677
ABOOB

>>26770935
No. They borrowed the stocks from someone so they give it back and the person then decides what to do but the shorters have to buy it again to until they give back all the stocks borrowed.

>>26770775
>>26770907
And before you ask, because you will, this has the possibility (not the probability) of a cascade event where everyone gets dragged in because of the ties between all the hedge funds that collaborate. This WWI with everyone being dragged in because of treaties, except now they are because of loans.

>>26767981
One million per share sounds ridiculous

>>26769289
People are holding as a matter of principle after after Monday when the deadline runs out

>>26772198
try $5,000 then

https://ns.reddit.com/r/wallstreetbets/comments/l60euz/theory_the_hold_is_working_and_the_squeeze_is/

someone give me sauce. I can't believe I took a shit, then a shower, and still no sauce.

>>26767413
hasn't even squeezed yet fag

>>26767677
BUNDA

>>26767413
someone pls sauce me

It’s game theory. People will sell once the price gets high enough that they need to sell. How can you be sitting on 1 mili for example and not sell? You’ll get beat to the punch.

>>26773093
It happened with tsla when it was going fucking ham back in like what January last year

>>26770780
Same here. I'm just gonna sit back and enjoy the chaos.

>>26773093
It's not going to literally one million fool

>>26773093
Like people aren’t going to be happy when they have 1mili on paper and all of a sudden it becomes 150k. They’re nailing right at that point. Suddenly it comes tumbling down.

>>26767413
nah, market usually moves against the majority.

everyone is expecting gme to fall now because it 'just can't go on anymore'... so the opposite will happen most likely

>>26769289
Ballsy but you're a fucking retard and I don't mean it in a nice chummy way.

>>26773093
I’m sitting on 48 million longing GME. I ain’t selling faggot

>>26771030
Society will never collapse. The rich people won't allow it. They'll just dickslap the government and force them to forgive the debts or print more money.

>>26767677
STICCI

>>26773243
not a single share idiot but if you had a mil in your portfolio you'd cash out

>>26767567
It actually is but it will first dump to $60 or lower, and /biz/ will call me mad for buying the dip

>>26772741
isn't she Ashe Maree?

>>26771209
Melvins broker doesn’t inherit shit. Melvin is one side of a contract with banks on the other. If they haven’t already, which I suspect they have, Melvin will settle the contract at an agreed price without needing to buy out all shares. I suspect they did this with money lent from point 72 and Citadel with all three parties taking more positions to rug pull all the retail money. I also suspect all three are actively pushing this hysteria to drive in more retail money. If you aren’t already in and out you will have lost your money.

>>26767677
trannies

>>26773634
Iron hands faggot. You don’t know me

Gamestop (GME) and (AMC) are two failing companies who's stocks got a bump in the market due to some recent good, but ultimately inconsequential news. That jump caused large multi-billion dollar short-selling hedge funds to short GME and AMC stock with the assumption that they'd continue to fall after their bumps.
(Short selling is when someone borrows shares at a higher price then sells it with the assumption that they can buy the shares again later (1/29) at a cheaper price, give those shares back and then pocket the difference.)
This is where we the people (FB, Reddit, Twitter..) come in to ruin their day.
A bunch of us agree to flood AND HOLD! the stock with unexpected new money, causing the stock price to rise instead of fall. This causes the short sellers to lose money because they are going to have to give back those borrowed shares in the future (1/29).
As the short sellers watch the stock rise alomg with their losses, they start folding one by one and buying the stock in order to give the shares back and close their position. Buying those shares causes the stock to rise which in turn puts MORE pressure on the short sellers and more of them have to buy more shares... This is called a SHORT SQUEEZE.
On Friday (1/29), time will be up for many of the short sellers. They'll have to close out their positions by buying stock which will cause AMC, EXPR, and GameStop to sky rocket.
That is why you BUY NOW (apply pressure and start your investment) and HOLD. Because every person that sells is relieving the pressure and reducing the billions of dollars the hedge funds will owe us, the little guys.
The price will go up, and it will go down, just buy it and hold it at LEAST until Friday 1/29.
I copied this comment so Copy and paste to educate the people!

>>26767981
So how far will the chain reaction get before there is some kind of intervention?

>>26773880
Good for the redditor, what's your position tho

>>26773309
It happe s

>>26773634
Nah, there is a redditor that turned $50k of GME stocks and options into what is now I think $47M, and is still holding on. If he can do it then so can others.

>>26767677
FISTULA

ITS GOING TO 5000 EOW. BUY IT NOW

>>26767841
holy fuck, have this whoever made that

>>26768656
I've been thinking about this all day. There is no way (((those))) in power would allow the little man to win. I think at this point it physically hurts them to acknowledge that the rabble got one over on them. There are going to be some tricks happening between now and Monday morning, the little man is going to be left holding the bags, again, and the system will go on as if nothing happened. Hopefully enough people learn that those in power hate them and do something, in mine craft of course.

>>26767413
Very risky. You never know what card the billionaires will pull next to stop you from getting in on it.

>>26767841
Best thing I've seen from my years of occasionally lurking /biz/

>>26774008
Honestly small position, put in 2k cause of risk, but it’s worth 25k right now.

>>26768656
No fuckin way they let these bloodsucking assholes rot like they should.
They will either be bailed out of it or they will write laws so they don't have to pay.

But the good from that is EVERYONE will see how fucking horrible these guys are and we might get a little change. At the very least some "fool me once" type opinions about these guys

>>26767677
BITTIES

>>26771537
> . They have to buy and immediately give it back to the person they borrowed it from.
Who can sell it back on the market for the process to repeat, those allowing them to close 140% short interest.

>>26767841
I love it

>>26767413
no, you need to buy NOW

>>26769289
Probably not a good call, but I appreciate your dedication. I will hold with you, brother. The question is whether BlackRock and Vanguard group are going to cuck us all

>>26773764
are you saying we shouldn't buy GME?

>>26774190
It's going to be impossible for them to kill the riches people earned so there might be a bailout. A bailout wouldn't be so bad, it would expose the US government for what it is and radicalize every american. Unlike other bailouts it's happening because a huge chunk of money, if not most of it, is going back to every day people instead of being squandered by hedgies.

>>26773764
no, melvin capital holds a short contract, if they go bankrupt, it's just shifted on to the broker to fulfill those contracts
they're not going to let them go bankrupt in a way that will bankrupt the broker though since the broker will liq' them just like on bitmex

>>26775874
I am strongly saying that. Anyone who hasn’t already booked profits is getting fucked. It’s not even a FUD it’s what I would have thought is common sense.

>>26776244
melvin no longer holds a position in gamestop. are you guys actually retarded. its not "fake news" they announced it publicly

>>26776831
>>26776904
hedge fund shills LMAO

>>26776831
This guy works for a hedge fund fuck off poorfag we gettin rich

>>26776904
I wouldn’t even bother bar for the fact these cunts are going leave even bigger idiots holding bags.

>>26777285
Hodl on then mate. Go fucking nuts.

>>26769289
You're a retard, however I can't help but admire the ride or die mentality. Godspeed.

OK retards, I want in. However, I'm completely illiterate on this thing and also not American.

I want in to provide for my home and my sick sister.

I want to know step by step what to do right now to get my hands on some of this money. Can a generous retard help me?

>>26777362
>they lose their life savings FOMOing into fucking GAMESTOP at ~$300 a share
>Establishment: "We told you we must save retail investors from themselves"
>Ridiculous overbearing regulation of retail investing

>>26767413
Probably but I’m liable to buy more because fuck the shorts

Disclosure: less than 1 share of GME, I’m long

If these faggots want to close the loop to total financial breakdown they would take out loans from the banks that are supposed to cover the short positions

>>26777612
Only invest if you want to fuck over rich people. You will most definitely loss money if you're not on top of it. Invest in AMC and Nokia instead. install Robinhood

>>26777689
Posting stock tips online will be a trip to gitmo within 6 months.

I've got a spare 9k, anons. If I am considering throwing it at Gamestop you can guarantee a bunch of fucking normies are as well.

>>26776904
>they "announced it publicly" on a youtube video, not disclosing how much they actually closed out
let's laff

>>26777838
>install Robinhood
why not eTrade?

TAKE OUT A LOAN FROM THE BANK THAT WILL HAVE TO BUY YOUR STOCKS AT PREMIUM
THE COSTS OF THE LOAN WILL BE COVERED BY THE BANK. PLEASE PASS ON THE COSTS OF JEWISH BANKING BACK TO THE JEWISH INSTITUTIONS THAT CREATED ENDLESS DEBT.

>>26777881
If you do it will help the war effort for sure, fren
but note that this is war and not easy or sure money

>>26774107
ill have 2 commas when this is over got in at the end of september and learned everything from here and free info online, started with around 10k

>>26767413
not at all.

Dont put your whole savings in or nothing but you can drop 500 dollars on it to participate in the squeeze and be a part of history

GME will not make you rich but it will make the Hedgies kevetch

>>26774720
Shit dude we got to see that in 2012 and all that happened then was we got gaslit into a race war instead.

>>26770044
i'm going to buy the fucking dip, these fucking kikes are making my other stocks worthless anyway

I still don't understand how this work.
Say if this actually managed to stay above 70 till this Friday, hedgies would have to cover their shorts, right?

What if they just decare bankruptcy, do they still need to cover?
What if GME did an offering?
What if Webull and the rest of the platform restricted the trading like Td ameritrade did?

>>26777881
AOC just tweeted about it. Its gonna bring a flood of lefty whitenights lookin to make a buck and "fuck the man". They are coming.

>>26779151
Also they said they had closed the position.

Are you guys betting that it was just bullshit?

>>26767677
PHLATTTT

>>26779326
yes

>>26767645
Tynynerd or something like that. Has a patreon that she doesnt use but has some aheago/lewd

>>26767413
no but you wont make as much as us faggots who've been here from the start. do what you can. even if you make a couple hundred you did good, you baka gaijin outsider faggot.

>>26779326
LEARN HOW CONTRACTS WORK FAGGIT

>>26779326

>>26779326
just stick to cryptos you clearly dont know how this works

>>26777612
>I want in to provide for my home and my sick sister.
The first rule of investment is don't spend what you can't lose. If you go hard on GME you have to understand that you're playing chicken with multibillionaires. All the stories about people paying off student loans, medical treatment and shit....that happened from people that bought in last week or beyond. At this point the only people going in hard are morons, people that are willing to lose money out of spite and guys that are willing to continue to buy shares at 300, 400, 500 USD with the expectation of GME breaking 1k+ WHILE BEING ABLE TO WRITE OFF THIS LOSS IF IT COMES TO THAT. I'm spite.

This is not a ticket out of poverty this late in the game. If you can afford to go in hard right now I don't think you're in dire poverty. You could try to double or triple whatever you can put into AMC.

These are the basics:
Stocks open 9:30 AM EST. Don't try to place a buy order beforehand. Depending on what you're using to trade you might have your funds tied up during the transfer and unavailable for DAYS

There'll probably be a dip as soon as the market opens

Stocks close at 4:30 PM EST

After stocks close only big dog financial institutions can move stocks and they're going to try and scare the shit out of you devaluating them before stocks open. If you want to sell you can do a limit order which auto sells x stock once the stock hits x price, do this if you know a number you're comfortable checking out in and don't fucking look back. If you want to ride this out to gamble a higher value we don't know how long you can, especially with AMC. Short contracts are closing at the end of the day Friday (billionaires get a gun to their mouth to buy or eat interest) so Monday is going to be the first big spike if this shit survives the week, many are betting it will.

>>26768817
link for this?

>>26779759
>>26777612

This.

Think about it. How many people you know got their lives taken care of by trading? How are stock stories different from the usual insta/fb/snapchat cancer?

Don't go into investing thinking it's an honest job. More than likely you'll lose money, and if you think you have the right to gain any then it'll only exacerbate your fomo and losses.

>>26767677
BIBBIES

>>26777612
there's a reason why they called it WALL STREET BETS and everyone was referred to as retard.
The stories of some kid making 11 million or buying a house with his stock profits are the exceptions, not the rules.
You gotta look at it like "play money" - can you afford to lose all of it and come out alright or are you gonna risk it all knowing that if it goes tits up you'll be ruined forever?

Best to just let sleeping dogs lie IMO. The only ones buying in now on a Friday are those who just want to be a part of the meme or those who are dumb enough to think the hedge funds are going to somehow actually pay the piper.

>>26767948
Same. I opened a brokerage acct with Schwab this morning. "Usually take up to 3 days for money to transfer." FUCK.
I hope there are some hot threads here come Friday/Monday to steer us into some real profit.

>>26779759
>people that are willing to lose money out of spite and guys that are willing to continue to buy shares at 300, 400, 500 USD with the expectation of GME breaking 1k+ WHILE BEING ABLE TO WRITE OFF THIS LOSS IF IT COMES TO THAT
Yup, that's me
All we have to do is hold,
if hedgies continue to hold their shorts they have to pay interest the whole time,
if we lose we can write it off on taxes,
if they lose they go bankrupt

>>26780773
try robinhood, instant trading

>>26780773
>I hope there are some hot threads here come Friday/Monday to steer us into some real profit
And I hope you kys

pls someone give sauce

>>26767413
>>26767749
What's a reasonable buy limit for tomorrow? I'm thinking of buying at $250.

>>26780601
They're gonna pay for my piper

>>26769665
fudders are literal retards. Anon ffs... this is a no brainer, they have to buy when we sell. At any price. Why don't you fucking faggots understand this yet?

>>26767413
in all fields you fucking nigger op

>>26771634
WeBull is much better

How bad could it be if I put 300-600 bucks into this stock?

>>26767413
why do i feel like this is a boy?

LMAO SEEMS LIKE I FOUND NEW GEM
>DDIM GOT 25$ JUST FOR 2 WEEKS
NEW HIGH-RATED LIQUIDITY OPTION
STAY POOR I WILL GET IT

>>26767677
Every response to this post is the best post today on /biz/

What's a good stop loss limit, in case some fuckery happens?

>>26779759
>so Monday is going to be the first big spike

Ok so explain why Monday is a big day and not Friday? Confused because am retard

i feel like you explained it but my sleep deprived brain can't comprehend

>>26767841
Dangerously based.

>>26767677
SLABBA

just queued up 2 more shares boys

>>26774004
>>26767981
You can discharge debt in bankruptcy that's the point. Some org will go bankrupt and the debt will disappear.

Attention KIKES, CHINKS, and JEETS

I will NEVER, ever sell my GME. GME at $5.00? Didnt sell.
GME at $0.01? Didnt sell.
GME at 10? 50?... 100? 200? 500?

Not selling.

IF you filthy kikes ever want to see these GME stonks again, you are going to have to pump the price to AT LEAST $200000 per GME... At which point, AGAIN, you filthy kikes, I AM NOT SELLING

Sincerely,
The richest man in Costco. Praise WSB
and FUCK JANNIES, KIKES, NIGGERS, CHINKS, SPICS, and JEETS

>>26767981
>And then it will destroy the entire system.
That's the best part.

>>26782386
chad

>>26780601
You actually don't get it, do you? It's not just about shorts anymore. It's about all the calls, like 20 million shares worth, all with low-ass strike prices we just won't see, expiring friday. Nobody is going to buy fucking daily calls on GAMESTOP. You really think they won't be exercised?

This will then trigger the motherfucking gamma squeeze

>>26781653
You'll be alright

>>26782080
because it's going to take them 6 days to cover after options expire on friday

>>26769445
Well considering short floats increased today, the hedge funds who still won’t bow out

No

The squeeze isn't over

i keep hearing anons talk about BB but why BB their phones are gay

>>26784390
I had an order with 80% of my shares selling at $1000 but I think that number is going to end up being to low. Going to raise it tomorrow, not sure how high yet.

>>26767981
DANGEROUSLY based.
https://archive.is/ckNlS

>>26767981
>After that, Melvin's broker inherits the bomb and if he can't defuse it it burns through him too. So long as the retards believe they can get 1 million per share they can get it. And then it will destroy the entire system.
There will be some Jewish fuckery long before it gets to that point. The trick is cashing out before they leave you holding the bag.

>>26782080
Put options are very commonly set to expire the last Friday of a month. The stock exchange will then reopen on Monday for the gamma squeeze

>>26784647
I'm selling 5 shares @500 to recoup my initial then riding the bull.

>>26784781
>The stock exchange will then reopen on Monday for the gamma squeeze

HOLDING

>>26779326
Not a bet, they're lying. Plausible deniability by not stating anything specific in regards to quantity and the shares are still showing a short of over 100%. Fuck them

https://archive.is/ckNlS

>>26770417

Seek help

>>26770039
This. If I'm not going to get rich and they keep getting away with this than let it collapse.

>>26768656
>>26774190
This is why we need DEFI. Projects that I'm not naming so I don't get accused of being a shill are developing ways to options trade no just crypto but stocks too. "They" can't do anything about it and they are terrified. Fuck reddit for taking credit, smg called GME months ago, but they have the volume and fire power to be the mainstream catalyst to end this shit. Shorters can fucking die for betting against their own people and causing shit like 08 and then using race as a smoke screen after occupy Wall Street. I sincerely hate these people.

>>26767677

Justice.

What's a good app/website for stocks in Canada? Robin Hood isn't in Canada

>>26785286
Pls name, no shill

Just put in $300 for tomorrow morning.
See you on the moon, boys

>>26770780
Same here. I'll donate a few day's wages for the cause. Not like I was using it anyway, and in the off chance it squeezes hard, the few thousand I stand to make would be chump change compared to the reddit queers.

>>26767677
BOARDA

should I buy at market open?

>>26785435
Death Before Dismount. See you there brother.

>>26784966

Pretty sure that's what he's doing retard-kun.

https://www.avanza.se/placera/forum/trad.3141.3613502.html

>>26767677

Please criticize the plan.

I am Melvin- a hedge fund.

Let GME stock be worth $ 1 at the beginning.
Secretly buying 10 GME shares for 1 dollar.
So far minus 10 dollars.
Immediately I open short 5 shares against GME.
I go to reddit and write "Oink Oink lets ruin the damned capitalists, ahaha we will cut bitches !!!!"
The excitement rises, the stock rises from a dollar to $ 100.
Everyone's waiting for Friday to see me sucking.
It is Friday.
I take 5 shares from the secret stock and sell at the current price.
Total my profit is 490 bucks.
I return the other 5 shares from the previous 10 and close short.
I drink champagne and piss on you from the balcony of my hotel.

>>26785516
yes

>>26767413
FLATTA

>>26767841
top kek

>>26785516
Shares hit daily lows at 10:30am eastern every day this week, if I recall. Don't buy right on open.

>>26769289
IRON HANDS

>>26767645
Looks like Ciaras retard cousin

>>26785399
Wealthsimple trade, no options though.

>>26785829
I put in a pre market order at a limit of 340 am I retarded and should I just wake up and buy in the morning

>>26768707
why does market beat say % float is 0?

>>26773995
Couldn’t GameStop issue new shares??

>>26768727
Based

will i get fucked if im getting unemployement and buy/sell stocks?

>>26786163
No idea. Esp. since its from Dec. 31. Should show 130%.
>>26786310
Yeahhh... Im kinda wondering this too... All my gains have come from unemployment checks

>>26767677
SLATT

>>26767981
If it goes to that point, The FED will just intervene and use the cash printer.

>>26778038
Please someone explain more. I'm either doing this if it's actually doable or borrowing money from gf/family. Not expecting to be a millionare at this point but a few thousands would really help

I have an etrade account but no purchasing power within that account. Transferring funds is probably gonna take three days. Money's tight so if I were to go in on this I'd only be able to afford one or two stocks at the current price of about $350/share, probably less if the stock goes up in the next three days which it definitely will.
Is it worth trying to buy some GME? Or do I just let it go and transfer some dollars into my Etrade account for the next time some wacky shit like this happens?

>>26767948
Use a debit card

>>26786310
I don't think so.

>>26786524
Taking out a loan to gamble on stocks is a great way to go into debt. Don't be a retard. The bank will always win, don't let yourself be deceived by some fag who thinks he found a loophole to get free money.

>>26786310
probably not imo, it's like you're deciding not to eat to invest

>>26784765
i just put in $1000 and i bought in late anyway, so im willing to stay in until the short squeeze actually happens

>>26767677
UOOOOHHHHHHHHH

Any advice for an Ausfag /sp/ tourist? Can I get involved in this with Commsec?

what is the short squeeze mean?

>>26786797
https://www.commsec.com.au/support/frequently-asked-questions/459.html

>>26786422
>>26786310
No
you dont have to report that

>>26767948
>>26780773
robinhood allows up to $1000 to trade immediately

>>26786762
I am too, I just expect the government to get involved and do something before the stock rockets too high.

>>26786283
Depends on their corporate share structure. I assume that won't help in the very short term either.

>>26785399
BMO investorline

ok so no selling on friday

when?
don't wanna hold the bag like a cunt

>>26769289
WHY?!

>>26787378
Tuesday.

>>26769289
Please set stop sell orders so you don't lose it all if it goes bad. Better to take a 20% hit than an 80%

>>26767981
HODL TILL WE ARE ALL KINGS ANONS

>>26767413
no, as long as you buy before friday

>>26786862
short squeeze means, in the simplest of terms, that there is a large amount of people that are forced to buy stocks at higher prices than they want to buy at.

Please explain for an absolute mouthbreathing imbecile like me: if I buy now, will I see any modicum of profit?

>>26769289
i will hold for you, retard.

>>26769289
Don't be a retard. Only put in what you can afford to lose.

>>26769289
this is not a good idea

>>26787668
thank you

>>26787750

its 300 rn will go to 4-5k guaranteed

>>26787550
Don't set a stop order if you're this committed. That just helps the fucking shorts.

so i have to wait for 9:30am est to buy if i want to?

>>26786879
So it seems I won't be able to buy and hold before Monday (or Tuesday our time?)

>>26773441
ACCELERATE

>>26767413
no, ask yourself: is it at $1000 yet?

>>26770128
EXACTLY what I was thinking

>>26786550
>I have an etrade account but no purchasing power within that account
what is purchasing power ? you mean buying without having cash in your account ?

>>26767413
Yes... there is alway new and better opportunities, hand sight is 20/20.
The rear view mirror is smaller than the windshield for a reason.

>stay alert in the news
>past behavior predicts future behavior
>have an account ready
>have money to invest (1k) is a good start
>don’t accumulate debt
>and be ready

>>26788957
>is it at $1000 yet?
It never will

>>26774540
>download robinhood
>asks for name, ssn, phone, address, employer and bank
And apparently due to the volume of people, money will take 3 to 5 days to clear. At this point is not even worth it but maybe I should finish setting up instead of assuming

Was /biz/ in this before it blow up?
Should I browse /biz/ all the time if I don't want to miss out the next GME?

Hate reddit and never lurked /biz/ before because I can't trade cryo

>>26767981
Friday is zero to do with shorts. Friday is a 3rd potential gamma squeeze (first was Wednesday two weeks ago, second was last Friday). What happens is 150k open calls expire ITM and are exercised causing MM to buy up 15m shares which is a MASSIVE chunk of the float.

>>26781304
This is the only answer. We all might just get our shares bought in a gov bail out but no one can just stop this. It would be political suicide at the very least and might even spark riots waaaaaay worse than 2020 chimpouts.

>>26789467
Took me 10 minutes this afternoon. Poorfag without a credit score, so limited to $1,000 though.

>>26787515
what time?

>>26767413
You will still make a profit, just not on the level of anyone buying at like $20 a share.

Buy until $420 or buy until $6969.

>>26783448
The days to cover formula uses avg daily volume as denominator. For gamestop, current volume far exceeds what is used as "average" in formula.
Any gamma squeeze won't last nearly as long.

>>26789588
I saw a few threads over GME before the happening I think lowest price i saw in those threads was 24 or something like that so some people here have been there since the early raid.

>>26767413
BUY. THE. DIP.

>>26779561
>she

>>26767677
>she
FAGGA

Fuck me. I'm so fucking mad i haven't been browsing /biz/ sooner. Now i'm too illiterate to tap into that and i would be willing to just to spite rich kikes.

>these funds will be deducted from your bank account within the next several days

so now what?

>>26789886
Make an account on WeBull and buy GME at market open.

Floating shorts still require six days to sell.

GET THE FUCK IN AND HOLD ON FOR DEAR LIFE

>>26789588
Barely.
I newfriended into this place at the beginning of January chasing bitcoin. Never saw much about this. I saw like 2 posts about it in random threads and was confused as to why people were buying a failing company.
It's just been wall to wall shitcoin speculation until today.

>>26789901
Buy GME when the market opens.

>>26785688
they wouldn't have taken a $2.5B bailout if they had that super secret stash of shares. the shorts are naked. there's no 10D chess move they're pulling here.

>>26789901
you can use it still

>>26789979
$1000 would give 3.4 shares as of close $292, I guess a quick $3400 at this rate wouldn't be bad

>>26789925
>WeBull
What i'f im an Eurocuck?

>>26789699
You can use free month of gold to unlock 5k immediately.

Other board tourist here.
What are best resources to get yourself accustomed with/educated on the current situation? I want to join in on the drama.

>>26790119
no i cant do that on 1 stock, ive never done this before, i was going to split it between gme and amc. i also have a bunch of stonks my boss recommended i buy

>>26789302
Meh at this rate it seems possible if these people that say they are buying are going to buy and these hodl its possible

>>26787378
monday or tuesday. trust me it will be worth the wait. just DONT SELL.

>>26769289
Put sell orders in at increments up to $1000 or higher. If you set stops below what you paid you'll get stopped out in the volatility. I'm rooting for you but I'm very concerned.

>>26790287
Just buy and hodl till the fucking moon.

>>26773995
So is Friday the day for maximum gains? or Monday?

Picking up A GME share is equivalent of a soldier picking up his rifle lmfao

>>26790263
I honestly have no interest in putting more than a few day's wages into this meme. $1K is as much as I'm willing to lose on this. I'm 100% sure I'll be poorer. I took a risk for a retarded meme and to have a story to share with you faggots. More was spent on less imo.

>>26791082
It's an evolution in warfare, purely financial, no blood is shed. We have returned to monke yet evolved beyond monke.

>>26791117
Yep, but even that mindset means that the small belief in the form of smaller shares adds up, and with THIS many people on it, it's worth going for. But ye, let's get that dub anon

>>26769289
i salute you. hold fast bud

>>26789588
You can lurk here to learn lingo and to learn the ropes. But if you think you're going to get hot tips here you will be disappointed.

>>26785286
who cares about anonymous fags on smg getting credit, let ebaumsworld take the heat as always

>>26791165
Unfathomably based

>>26789595
As they are bought up I'm not sure what will happen with the price. It's going to be two huge monsters eating each other. I think it may be insanely volatile.

>>26767677
Mannba.

>>26767981
There's gonna be some serious jewish trickery before things get that based. Remember, they've been honing their jewcraft their entire life. They've forgotten more tricks than you know how to fight. Hope you all secure a bag, though.

>>26767413
Dont expect to make big returns. It will probably go up today tho. Just dont buy at peak. Gotta risk it for the buiscuit

>>26791490
buying before open is the way to go here righT?

>>26779561

nnot finding , name please

>>26769289
Memento mori, anon! I wish you luck

why is 10k the magic number for everyone?

tfw europoor so I can't use robinhood and european apps seem to all be terrible

>>26767677
plancha

Just made an account and will buy in the morning. Lets see what happens.

$250 at open, digits confirm

>>26785286
>>26785408
I'd also like the name of those projects, please.

>>26778183
Teach me your ways, master. Where did you go for your info online?

>>26790375
Buy other stocks later. Gme till Monday and then pivot. Apple posted record quarter and numbers yet went down 4%. But non memes later.