/biz/ - Business & Finance

>>29598959
ok reddit is actually down lmao bump big happening

>>29598959
fucking crazy shit...
just saw it popping and tried to visit r*ddit

120 aftermarket now. Rocket is about to leave bois, make sure you aren't late.

Very sus

Its called a pump and dump, didn't we learn this already?

>>29599206
you can't pump and dump a company worth 20B

>>29598959
WHAT THE FUCK IS GOING ON
WHAT
THE
FUUUUUUUCK

>>29599195
dead cat, retards will fall for it

>>29599390
Think so? Could be a squeeze

>>29599114
I fucking hate reddit but the kikes even took down the site to save their wallets this is fucked up

>>29599299
Yes... you can... you can pump and dump a company worth 50000 gajillion after hours as long as someone is willing to pay the next level of prices that your algo is outputting.

WHAT THE ACTUAL FUCK IS HAPPENING

>>29598959
Pump and dump

>>29599390
You're not this retarded right?

HOW DO I SELL? THE MARKET IS CLOSED. REEEEEEEEEEEEEE.

>>29599390
Not even.

This is just pumping whatever's left outta the sheep.

Very common when you trade biopharma. You see it alot.

I never use Reddit, is this really such a big deal? It's just a website

>>29599390
how? they'll cut off and reduce buying again.

>>29599390
I am not a cat.

I already bought high and sold low.

>>29599114
fuck they’re coming

>>29599588
AE TRADING RETARD- WHAT BROKER ARE YOU

>>29599695
lmao dumbass

Just a wild guess but.. remember how it was still shorted af, after it crashed back down? Well those shares had to be bought back at some point. And what's a better point than the day it stops falling?

>>29599114
Just went. Ok the hedge funds an money makers are fucking scared now. This isn't normal. Fed goes down, reddit down, crypto still just correcting.

bahaha its at 120 now

if you sold in the last couple of weeks when it was sitting around around 45-50 you should go outside to the woodshed around back and saw off your hands

>>29599790
I'M JUST USING ROBINHOOD LIKE A RETARD. HELP.

>>29598959
I'm still 400 dollars down cuz im a retard who bought the peak

>>29599903
Most likely its 4-5 people with a combined liquidity of 10+ million in a discord chatroom using algorithms.
Maybe DDOS reddit so people instinctively fomo in on lack of information.

>>29599655
Exactly what a cat would say.

>>29600135
Fidelity. Boomer but based.

>>29599555
checccccccc'mmmmm

after they immediately shutdown reddit they must be having an eye on us here. reading every word, fudding like shit.
get fucked hedgies. get fucking fucked.

>>29599455
its both. dead cat from a squeeze. wanted to short but needed a good entry point, guess i found it tomorrow

DO I SELL OR HOLD? HELP.

>>29598959
>Reddit is offline
biden is pissed

Sentinel dvpn is the next parabolic nigger op.

>>29599695
He sold?

>>29599768
Fuck thats actually a shout, biz will be overrun with redditors if reddit stays down for too long

>>29599114
Reddit is up for me in Germany, is it up for any other Europoors?

>>29600135
https://robinhood.com/us/en/support/articles/extendedhours-trading/

Just place a sell order i think

>>29599695
I bought high sold low and bought again lower to hopefully sell high.

>>29600392
I'm here because reddit went down, all I have to say is.....

Hahahahahahahahahahahahahahahahahahahahahahahaha get fucked kikes!!!!

>>29600664
>>29600135
https://www.youtube.com/watch?v=1F5htPSSa38&ab_channel=MHFIN

>>29599555
he's right you retarded plebbitor, this is just like when dead shitcoins get temporary pumps then dump the next day

>>29600425
you hold, faggot

>>29600638
Nope here in the Netherlands it's down.

>>29600638
not up for me

Hedgie hedgie

Are they just gonna sleep, let things cool off and go down low, buy low and when the frenzy starts sleep on it again? How fucking long do the hedgies have to snooze on their shorts? What's THE cutoff point, when do the people they owe go 'no you motherfucker we want those shorts NOW or what we'll do to you will make epstein look like a fucking joke'? When will they REALLY be up against the wall, cause if there's no hard deadline its just gonna do this over and over for like the next year.

>>29600759
>>29600135
sorry that vid was shit didn't watch it. you probrablky just need to go to the sell page and select a drop down which says after hours order or something lije that

>>29600638
not up in my germany

>>29600638

Not working here either

T. Finland

>>29600700
doomp eet

MOONING PAST 125 AFTER HOURS

>>29600825
BUT WHAT IF IT PLUMMITS AGAIN? I'M FINALLY UP FOR ONCE.

FUD spreading kikes on suicide watch. Apologize bitches

>>29600638
Down in Croatia.

Lets Goooooo

IT BOUNCED AND IS GOING BACK UP

Kek spoked.
It will open 200+ tomorrow. Get in as soon as possible.

fuck it i bought one share already made 4k off this. might buy another one and watch it

I ALMOST BOUGHT BACK IN AT 40 FUCK

old.reddit.com STILL WORKS!

Making it all the more suspicious.

>>29601065
glup si

>>29600835
>>29600858
>>29600910
>>29600941
>>29601065

Pretty weird, it's not even taking long for me to load, as if nothing was wrong with it.

Me and the lads on the way to pull shenanigans and crash the price tomorrow.

The real move is to buy puts while it's mooning, right?

>>29601235
what the fuck you're right, maybe they outsource the serves for that or something i don't know how this stuff works

>>29601449
not worth. you'll be paying a high premium for that IV unless you want to watch money go down the drain

This is not the squeeze or gamma squeeze.
This is something completely differerent,

1) The volume is far too high for this to be retail investors. Someone big just bought a lot of shares
2) GME isn't extremely overshorted anymore - Only around 40%. Which is still a lot but far away from meme squeeze territory.
3) GME bumped the hardest but other stocks also bumped extraordinarly high near the end of todays market which once again makes it likely that this is one big fish buying in.

Is this bullish for GME? Definitely.
Is it related to the squeeze? Not at all.

>>29601561
Shit

>>29601342
try accessing subreddits or porsting sth. I bet you can't. website is only in your buffer.

>>29600888
Trips of truth senpi, the kikes are in full control, if if we win, we lose.

SHUT IT DOWN

>>29598959

>browse wallstretbets
>THEY SUED DFV, BUT THEN THEY COULDN'T HANDLE THE HEAT SO THEY LITERALLY TURNED OFF THE STOCK

I can't believe there are people who:
don't know what a fucking trading halt is
can't fucking trade in after hours

It's like watching screaming monkeys try to figure out how to turn on a PC.

>>29601693
Just tested it, I can do everything (load subreddits, up/downvote, post comments).

>>29602190
worse: the fact that hedgies lost billions to these apes. Really goes to show how incompetent the ruling class is

>>29601342
you're probably a jew and have been given special privilege. Sorry anon

>>29601587
Then who the fuck is buying anon.

>>29602413
Is that good or bad for me?

>>29599768
this. we need to hunker down and get ready bros

>>29602190
its funny that they're just buying each other's bags and think they're sticking it to the hedgies or some shit lel

>>29602575
We don't know.
All we know looking at the volume is that it for sure as fuck isn't retail investors.

>>29600994
How can you sell retard the market is closed

wow im actually even now. lets go

>>29601235
no you fucking retards, reddit is just a garbage website and their new "redesign" website is even more garbage and bloated so it probably broke or some shit.

>>29602789
use a broker that has after hours trading???

>>29601587
It’s unlikely they conceded, and instead secured net short positions indirectly using ETFs containing GME (you just long the rest of the ETF assets). Maybe it’s a pump and dump but if someone got a short position during the initial pump you could make lots of $ as long as there isn’t another pump — and it appears that those fears are being realized.

Oh no the redditors are here. Half the catalogue is wsb gme faggotry now

>>29600549
Ahem

NIGGERS
NIGGERS
NIGGERS
NIGGERS
NIGGERS
NIGGERS

>>29601587
>2) GME isn't extremely overshorted anymore - Only around 40%. Which is still a lot but far away from meme squeeze territory.
wasn't it found GME was now being shorted via an ETF to hide the short percentage? XRT wasn't it?

>>29600888
nice get

>>29602833
Your up now, we are at $180

>>29602856
mhm yes and robinhood, trade republic etc wanted to protect those poor traders from making bad decisions when they closed the market for GME and NOK - only allowing to sell. get fucked hedgie. get fucked.

>>29603477
Yes. It's actually 200% not 40%

>>29603749
oh now its 155

i wonder what will happen in the next 30 minutes

SOMEONE REDPILL ME ON WHAT IS HAPPENING AND HOW I CAN GET RICH FROM THIS

>>29604711

have 1000 shares of gamestop that you bought at 44 dollars each, and sell covered calls with a strike of 900 dollars at a premium of 130 dollars per share

>>29604711
if you're reading about it it's too late

Some anon created a thread at 3:25 when it was at 60 saying "is it happening?" and everyone mocked him. That was the time to buy

should have sold at the top, now it's gonna go back to 50

>>29604946
Someone does that every day with 100 different things.

>>29605047
well yeah but you need to have the ability to wade through the shit. For example recognizing that GME hasn't broken that number in a month, the downside was only 20% while the potential upside is 500%, buying at 60 would have been extremely smart

My average buy in was $165 and I lost all hope so I set a limit order at $115 a couple weeks ago (after the crazy pnd). I went from thankful for being out to being justed in a matter of seconds. Kill me

>>29605183
the downside was 95% and the upside was zero, if you want to get technical. ..
Y'know disregarding the memes.

>>29602602
>>29602602
good right now bad in a few years, hopefully

>>29604946

>>29598959
You biz is being invaded when you see 100 threads for the same topic m. Read the catalog

Fuck fuck fuck, I could sell right now and make a nice profit but what the fuck is gonna happen tomorrow? I dont really wanna hold this shit overnight

>>29598959
It's fucking rigged, they revealed their hand.

>>29606334
This is your last chance to sell, retard.

>>29606399
Elaborate further

>>29606334
just sell enough to cover your principal anon

>>29599655
upvoted

>frozen
>this is normal
absolute state of stocktards

>>29606489
He's either part of the con operation or an easily manipulated stooge trying to get you to TRUST THE PLAN

>>29606489
banks and hedgies couldn't shuffle shares with eachother and themselves to suppress stock price. i sincerely hope the masses start waking up to this, it's becoming so tiresome

do these kind of things have momentum to last days? I see the price is already dropping down to likely around 100 by the time it's 6 PM EST (end of robinhood trading)

can it really climb up tomorrow?

What the fuck is this shit

>>29606640
That didn't even make sense. What you wrote. How does that have to do with the Federal reserve?

>>29598959
Grats to the boys who made a little quick scratch on this pump. To those of you who didn't sell though and keep talking about a "squeeze" I have a question... Are you literally fucking mentally retarded? There is never going to be some fucking epic "le squeeze" you idiots. Melvin and Citadel CEOs swore under oath to Congress that they had exited their short positions. If they fucking lied under oath, then they're gonna get fucked in the ass. I refuse to believe that they would be that arrogant.

>>29606702
HAHAHAHAHA

>>29606702
Imagine being restricted selling things you own.

>>29604823
Im a retard, what do calls and puts mean?

>>29606729
Melvin capitol fucked up bad, so they get bailed out, except they billion dollar bail company didn't have enough, so they go straight to the source and get the jew fed to give them what they need, but they fuck up so bad trying to keep up with the money laundering the fed shuts down and the second it does GME goes back to it's rightful price, free of Jew manipulation the fed is forcing on it, or something like that i'm not really sure

>>29606702
Dude you can't make more than 3 day trades in a 5 day period on RH if you have an account with less than $25,000. They count a day trade as having bought and sold in the same 24hr period.

>>29606810
>Melvin and Citadel CEOs swore under oath to Congress that they had exited their short positions.
yeah they would never lie

>>29606729
the CENTRAL BANK went down, do some fucking research you mong https://www.cnbc.com/2021/02/24/the-feds-system-that-allows-banks-to-send-money-back-and-forth-is-down.html

>>29606854
it means go away faggot nobody loves you

>>29598959
>29598959▶>>29599114 >>29599133 >>29599355 >>29599517 >>29600210 >>29600430 >>29602190 >>29606067 >>29606399 >>29606810
It's not offline retards, the new layout broke. Just switch to the old layout and it works. https://old.reddit.com/r/all/
Smoothbrains

>>29606642
it went 160 down to 65 up to 500 last time

>>29606729
Wire transfers between all major US banks was impossible

>>29599695
>bought medium and sold at a slightly higher medium
Do I hop back in? I think my nerves are shot after last time. I literally can’t comprehend its happening again.

>>29606810
Did you watch too many shows or something? Imagine thinking these turbo jews are going to get in trouble for purgery.

FORGIVE ME ANONS. I SOLD AT 80 AND TOOK A LOSS. I WAS A SHEEP IN WOLVES CLOTHING. I HAD PAPER HANDS

>>29606030
zoom out

>>29606896
>>29607005
What does Melvin capital have to do with banks transferring between banks?
You guys really don't understand the forces of our financial systems do you?

News of GME is blowing up will cause FOMO again
WAGMI

>>29607287
The fomo alone from tinfoil normies tomorrow morning is going to be amazing.

>>29607241
Because the people who work at Melvin also work at banks, so transfering money to a bank is the same as transfering it to the company if it's reaches the hands of the same people, because they're all friends and literal family it's nepotism

>>29606988
>>29606810
Wasn't it brought up during the hearings that since SEC only gives them slaps on the wrist with fines of a few millions that it doesn't matter if hedgies break laws since they earn billions everytime they break laws and a millions in fines don't do shit? so essentially they're incentivized to break laws

how will kikes freeze the trading this time any bets

>>29606702
What broker?

>>29607442
Lying under oath is a whole different crime and one that the SEC has zero control over.

That SI report will show that they covered all shorts and this was the cause. It will be LIES

>>29607430
k so we're back to paranoia. Killer investing strategy.

>>29607371
this. Can't wait

>>29606980
Is it because it's commision free or why do they have that retarded rule?

Buying back in at $40-60, thank you.

>>29607726
so what, there's no correlation? there's not enough evidence either way but I'll bet money people find a connection before the month is over

>>29605183
>meme stock dumps from $350 to $40
>goes vertical for a month between $40 and $60
>most retail investors already dumped their bags due to all the FUD
>randomly buying at $60 today was forseable and would've been "extremely" smart
never change /biz/ with your single-digit IQ hindsight-analysis.

>>29607657
Imagine being naive enough to think people ever get prosecuted for lying to congress unless they're enemies of the deep state.

>>29607601
That one is robinhood but almost all brokers that I know of have PDT rules. Please read about investing before investing

>>29606988
>>29607216
>>29607442
Democrats whole fake image that they want to present to the people is that they are friends of the "little guy". If you think the book won't be thrown at two (out of thousands) of Hedgefunds to "set an example" and look like heroes to all the sheep then you're retards.

lmao imagine if someone triggered a share transfer out of RH on Monday and missed the squeeze because the transfer hasn't finalized


AAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>29607852
I've interned at banks and nobody is wiring fistfulls of cash to help keep other's shitty investments above water because nepotism.

>>29607877
DFV fucking doubled down like a day ago...
Not really a stretch to buy more if you have been paying even a modicum of attention to what is going on.
I doubled down today when it broke 50. I have tripled my money thus far.

>>29599695

>>29608093
come back when you interned at the federal reserve

>>29608169
The federal reserve doesn't give a shit they just brrrrrrrrrrrr

Can’t wait to increase my short position, this is free money right here.

>>29598959
On tomorrow's news's retards will fomo in and a new cycle of bagholders begins

>>29608100
I wasn't doubling down, I was just doing my best to keep what I had in, granted it was like 90% of my shit, I was hopeful but I wasn't going to double down

>>29606629
Retard

>>29603274
thats my boy

>>29607773
That might be the root cause. Day trading rarely gives giant gains, unless you're playing with big money($25,000+) Without commission fees they'd probably essentially be losing money if all their users were swing trading for pennies multiple times a day.

>>29598959
>Market manipulation, and keeping the poors poor is standard stuff
>Reddit being used as a tool to censor normies from free thought
You're not wrong. You just worded the OP weirdly

>>29608312
To be fair, I did not have much to double down on.

>>29598959
I captured a jew and it's tied in my back yard.
How should it die? Post suggestions.

>>29601378
To the chambers you go you big nose kike

>>29607069
This, no pb with old.plebbit

>>29608100
well, i'm glad you made profits. just saying that anyone pretending to forsea where GME is heading is a larping moron. the game is rigged. at least ppl should be honest to themselves and call it gambling instead of "extremely smart" decisions

>>29607657
they lie under oath all fucking day. have you been paying attention to the last 4 years?

>>29607220
the money you lost is your absolution fee faggot

Robinhood is losing their ability to trade in 12 hours and then we're locked in till morning.

What's the game plan?

>>29608880
don't use robinhood

>>29606702
loled

all plebbits need to go back

>>29606702
holy fuck why is there people like this
did you fomo and open an account without reading anything at all?
you guys deserve to lose it all

>>29607898
>>29608764
You act like I'm saying they'll be held accountable, which I'm not. I was responding to an anon who doesn't seem to realize the SEC has nothing to do with the repercussions of testimonies given under oath.

Kek I bought at 250 last time then again at 80 and 50 so hopefully I'll at least make my losses back

I bought in at 50 and held
took a nap and woke up to this shit happening
Do I buy another tomorrow morning? When do I actually sell

So basically no one knows exactly what is the trigger of today pump?

Guys what’s up with the similarities


Btw don’t feel so good bought GME at 180 will it go back up

>>29610513
it already went to $200 today

I bought 22 shares last night for fun expecting ~$1000 cost basis, forgot about Schwab's new 300% margin requirements and ended up ~$2000 total cost basis,
today happens and then it's all fine (unrealized).
What the hell is going on?

>>29610513
The only stock with highest chance of a short squeeze is GME. AMC and BB? Maybe, but don't put too much hope into them.
They are basically just side effects of GME.

>>29601587
https://finance.yahoo.com/quote/GME/options?p=GME

This is absolutely a gamma squeeze. Price was inching towards 50 where there are 25348 calls expiring 2/26, so calls started to cover. Then there's the 23377 calls at 60 strike which means more call covering. At 150 strike (current ah price), there are a total of 120434 calls that need to be covered. That is 12m shares that need to be covered when daily volume has been around 8m for the past week.

The real question here is if the gamma squeeze can get high enough to trigger a margin call on short sellers to get the short squeeze started.

WHAT THE FUCK IS GOING ON WHY IS THIS PUMPING AND IS IT SUSTAINABLE?

You guys I don’t feel very good . I just sold all my shares in GME at 40 this morning 500 shares why is it going up??????

you can now buy gme on cashapp

gme is old news. go buy wynaut on BSC

>>29611079
Shut the fuck up.

Re-posting here, but honestly this should've been up a ton long ago, but Melvin was trading with themselves and keeping it low.

This squeeze is happening now because the Fed's server for intra-bank trading went down for a little over an hour and Melvin couldn't keep a lid on the price anymore and it blew up.

Basically they couldn't short ladder and the price started adjusting organically.

>>29611497
WAGMI

>>29611079
Unironically a better comeback than gme

>>29611079
RUGGED

>>29599695
you are an honorary /biz/let now

>>29600225
So it really was Qanon? FUCKING NIGGERS!

>>29611497

>>29611497
So what's stopping them from just doing it again afterwards?

>>29613493
because this is probably complete bs. short ladder attacks are not real.

the current price action is a gamma squeeze of call covering (most likely) or big money having early access to the bimonthly short interest and calculating that between gme short interest and related etf short interest it skyrocketed and jumping aboard the gme train for profit (less likely)

>>29613933
>"Short ladder attacks are not real."

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1785342