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/biz/ - Business & Finance


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29620910 No.29620910 [Reply] [Original]

Lads let's have an honest GME discussion thread. No reddit niggers, no jews, no meme fags - just an actual financial market discussion on GME.

Here is how I see the situation:
- Shorts allow current holders to drive the price low
- Hits 40, fluctuates but no sign of going lower
- Shorts close positions driving prices to 90
- Reddit/chan/FOMO buys in driving AH to 180

The rational take from my part is that the funds will now hold out until the price crashes down again, keep in mind to move GME from 40 to 90 would take a lot of volume so most of their positions have likely been cleared.

BUT.

What if they haven't, and let's say half of the boom today was retail. What are the odds of that? What are the realistic odds it goes any further. I think the odds are low but there's definitely potential.

>> No.29621363
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29621363

>>29620910
I think it was a chatroom P&D

The AH movement was an obvious algo up to the dump at 200.
The only reason it didn't collapse was because of the amazing amount of fomo that still existed and irrational exuberance. That's also what made it so easy to move the float at a low volume point in the day.

I think it will probably dump at open, and hard. There's no way Wall Street hasn't been thinking about what to do if this happened again.

>> No.29621458

>Reddit/chan/FOMO buys in driving AH to 180
Institutions set up option chains to trigger a gamma squeeze today and will go on to milk the limp carcasses of their colleagues for as much money as in humanly possible. You are mentally deficient if you believe retail investors really amount to more than a drop in the bucket. This was institutional infighting all along.

>> No.29621555

>>29621363
>chatroom P&D
>Jane Street Capital, BlackRock, and Susquehanna Securities are owners
Shut the fuck up you dimwitted little mongrel, don't exert yourself too much mentally because you might have an aneurysm

>> No.29621610

>>29621458
That's a whole lot of buzzwords to say
>THE JEWS CONTROL EVERYTHING!

Seriously doubtful that this is anything on the Wall Street side.
That entire congressional hearing was basically everyone saying
>Please don't pay attention to us so we can make money
so why rock the boat hitting the same joint twice?

>> No.29621625
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29621625

>>29620910
Mother fucker, don't try to make sense of this. This is the fucking wild west out here. I don't know why it happened, I don't know how it happened, but I do know this is like a once in a generation type thing. If you made some money, good on you, but a lot of people lost their ass on this too, which is why I don't fuck with single stocks. If I was on WSB before all this shit went down I might have grabbed a few shares, but I'm not trying to lose my ass on this.

>> No.29621651

You fucks are still denying it? I thought for sure when I came back you'd realize the happening right in front of your eyes

>> No.29621661

>>29620910
It will probably spike to 200 or something as people buy in for fomo, then it will drop hard as no sane institution will buy in at this price

>> No.29621670
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29621670

>>29621458
This, retail is along for the ride, better or worse

>> No.29621757

>>29621555
So what? WSB did a pump and dump that turned into a squeeze. That's retail.
You really underestimate the power of retail to push up prices at a moment's notice. Its such a defeatist attitude.
Also weird because the other said of the GME mob is people saying
>LOOK AT THE JEWS THEY'RE SCARED!

>> No.29621768

>>29621661
I think its headed to just shy of ATH, 450 maybe.

>> No.29621838

>>29621625
shit, imagine living life with this mindset

>> No.29621863

If it hits 400, I'm selling 90% to cover my losses and keeping the last 10% for any other potential high which I doubt will happen.

>> No.29621899

>>29621458
It has to be their contribution as well but considering wsb managed to obtain over 5% of GME they have some fighting power
>>29621625
yeah but at the end of the day it's money in money out, there is a mathematical explanation for it but it's hard to figure out when purchasing is private info. I more mean using past autism to understand current autism

>> No.29621927

>>29621768
The gamma squeeze will take us to $800, let alone the short squeeze, $1K is conservative, $5K is possible, $10K might be a reach but if institutions and retail alike refuse to sell them who knows

>> No.29621955

>>29621757
>squeeze
it was a gamma squeeze not a real squeeze, same thing is happening again.

a real squeeze would have insane volume

>> No.29621956

>>29620910
Best bet is to put your money in Macerich. Good fundementals, good reopening trade and a simalir short interest. Price action followed GME last time round.

>> No.29621965

>>29621863
Why would it 400 again?

>> No.29621981

>>29620910
>- Reddit/chan/FOMO buys in driving AH to 180
In the after hours? Probably not.

>> No.29621984

I'm buying puts at $400. If the clowns don't cash out now, they're more retarded than I could've ever expected

>> No.29621990

>>29621757
Post nose kek

>> No.29622002

>>29621863
What's your average right now?
>>29621927
Where are you getting your numbers from? This seems like reddit fag shit and I specifically said no reddit fag shit

>> No.29622030

>>29621955
I don't think this is a gamma squeeze either. Wouldn't a gamma squeeze only present when expiring derivatives were largely bearish?

>> No.29622058

>>29621610
>>29621757
I didn't say anything of the sort, and if you think a bunch of Redditors with an average of maybe four shares apiece really had the gunpower to make this move the way it did in January and today, you're either fundamentally deficient or just a shill. Either way, it's going to be fun watch you be wrong.

>> No.29622100

>>29621990
I have a gross Ukrainian/italian/swede/irish nose

>> No.29622113
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29622113

>>29621625
>If you made some money, good on you, but a lot of people lost their ass on this too, which is why I don't fuck with single stocks
ETFs are for pussies

>> No.29622150

>>29621965
Fuck if I know, I stopped following the situation weeks ago. I keep seeing cultish posts saying that it's going to go much higher than $500 and I just want to cover my losses.

>>29622002
$305

>> No.29622185

>>29621965
Short squeeze you dumb fucking nigger. Those fucking words should be burned into everyone's goddamned retinas by now and yet we still get reatrds crawling out of the woodwork.

>> No.29622278

>>29622058
You literally only need to have an absence of sellers to drive the price up.
The institutions holding GME aren't big
>sell the spike
institutions, they're more for long term investment and portfolio management.

So what's left? A lot of shorts and low float. Anyone could easily drive the price up with a few mill.

>> No.29622313

>>29622185
How much of the float is short rn? They did squeeze before that's why it went up 17$ to 450$, but do you think they shorted more and there's more squeezing?

>> No.29622329

>>29622058
No point in trying to explain that to them bro. These people sincerely believe the common man banded together for a 3+ BILLION dollar market cap moves within hours lol let them live out their fantasy honestly it’s a nice psychological study

>> No.29622403

>>29622113
You have a based portfolio anon how much were you down yesterday morning and how much recovered?

>> No.29622416
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29622416

>>29620910
>"It won't go higher than 200, that's impossible, you better sell now before the hedgies clear positions! Naked shorts? Trillionaires investing during the previous GME price spike? Never heard of it, that's just a myth, you can't prove it!"
>>29621363
>"It's only valuable because of FOMO! Please ignore the fact that it has been hovering at fifty dollars for weeks! Pay no mind that the federal reserve malfunction directly coincides with the steady GME climb to the point where they had to shut the market down twice within a span of two hours!"
>>29621610
>"Antisemitism! Wall Street doesn't collude! Merely a conspiracy! Cuetard! Cuetard! CUETARD! CUETARD!"

This thread is not "an honest GME discussion thread", it is a bunch of paid Israelis desperately trying to demoralize you. The economy is about to collapse. (You) will be eaten alive by a pack of wild city niggers within your lifetime.

>> No.29622417

>>29622113
etfs, mutual funds and real estate are sure things though. Yes it takes longer and I won't get rich overnight, but I will retire a multimillionaire no matter what happens. I'm not going to gamble with a significant portion of my net worth.

>> No.29622435

>>29622329
perhaps you do not understand how market cap works

there was not some injection of 3 billion dollars of redditor money

its just momentum traders pushing the price up and up on a low volume of shares, resulting in a ridiculous market cap

>> No.29622449

>>29621899
>considering wsb managed to obtain over 5% of GME they have some fighting power
Maybe, but they're definitely not coordinated gargantuan institutions with bankrolls as long as my enormous horse cock. Some dipshits on here make it out to be like wsb has been the primary contributor behind this, and I really don't see how you can arrive at that conclusion. The writing's on the wall.

>> No.29622540

>>29620910
>No reddit niggers, no jews, no meme fags

I'm grateful as a tranny, usually I'm not allowed in these threads

>> No.29622669

>>29622416
famous last words of every doomer proved wrong

>> No.29622687

>>29622278
>The institutions holding GME aren't big
In what way are your parents related to each other?

>> No.29622707

>>29622416
I can feel the chaotic energy of tomorrow. GME goes to $1000 and the market crashes, taking everyone with it. The Great Reset commences

>> No.29622817

>>29622687
Learn to read continuously. Don't stop in the middle of a sentence.

>> No.29622845

>>29622278
>The institutions holding GME aren't big
look up Blackrock's networth

>> No.29622867

>>29622313
As of 29th jan its at 78%, so it could squeeze again but honestly I dont see it happening. Shorts got caught with their pants down last time, they wont this time

>> No.29622918

>>29622845
see >>29622817

Tip: greentext means quotes

>> No.29622946

https://www.reddit.com/r/wallstreetbets/comments/lrsczx/tendies_coming/

>> No.29622949
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29622949

>>29622278
>The institutions holding GME aren't big

>> No.29622967

>>29620910
I think your first take is basically correct. People basedfacing about GME bros being vindicated are dumb and will be let down all over again. The only explanation for the spike is a large amount of closed short positions, which means it will correct back downward very soon.

>> No.29623021

>>29622867
So after today it's probably a lot lower than 78%. Not 0 for sure but, any estimates?

>> No.29623026
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29623026

>>29620910
The short-squeeze was over as soon as the short interest was 65%. The price of the stock then was $320.

That's it. No more short squeeze. I don't get how people think the stock is gonna go up when the event they originally cited for growth is LITERALLY OVER.

Bought at 16, sold at $290. Never looked back

>> No.29623044

>>29622949
u guys are just pretended to not be able to read my post's syntax to annoy me right?

Is it really that illegible?

>> No.29623072

>>29621458
>You are mentally deficient if you believe retail investors really amount to more than a drop in the bucket

This is really it, redditfag normies really think there's some mystical democratic power behind them and other poorfags putting their 5k savings into a stock

>> No.29623120

>>29623026
They don't trust the jews to close the shorts.

This is literally financial Qanon. They've been posting shit about about the Fed's servers and reddit being down all day long. Its literally become
>Trust the plan!
yet there's no plan

>> No.29623126

>>29622416
You are a propagandized fanatical man

>> No.29623128

>>29623021
About 40 percent

>> No.29623131

>>29622949
>>29622278

do you really think the institutions with long positions werent selling on the last pump

do you really think they are not selling again on this one

do you really think they just baghold as their position changes by billions of dollars

>> No.29623168

So is this discord trannys pumping this again or what? if it’s dumped in the morning or close tomorrow then we’ll know.

>> No.29623188
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29623188

wtf is AH?

>> No.29623248

>>29623188
Afterhours trading between 4pm-8pm EST

>> No.29623253

>>29623131
Just because they sold on the last one doesn't mean they can't be buying/selling and using options on this one. They could be on the train
>>29623128
If everyone held then hypothetically that 40 could result in the same leap we saw today. Unrealistic expectation tho
>>29623188
Afterhours my friend

>> No.29623260

>>29623188
it stand for after hours fren

>> No.29623263
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29623263

>>29620910
The reason this squeeze happened is because of technical difficulties on the Feds intra-bank servers and Melvin being unable to trade with itself to IPO ladder the price down.

Everything that happened today was organic.

>> No.29623301

>>29623026
This, short percent is way down to 40 percent now from over 100 percent. People keep screaming “SHORT SQUEEZE GUIS SHORT SQUEEZE HAPPENING AAAAHHH” but that catalyst is mostly gone.

>> No.29623319

>>29623263
explain to me how interbank payment systems being down has anything to do with a hedge fund's short position

explain it like im 5 years old

>> No.29623332
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29623332

>>29623120
Media called the original mass buying a cult movement. It really has become one now.

>> No.29623339

>>29623131
Some firms chase profit, some chase stability. Most of the profit seekers took profit last run.

Some finance people are just retarded though. Like how the CFO didn't dilute yet.

>> No.29623376

>>29623339
>Like how the CFO didn't dilute yet.

funny you mention that
the gamestop CFO was literally fired and replaced earlier this week
I am betting the new one doesnt make the same mistake

>> No.29623377
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29623377

>>29623248
cool. after hours of what? after work?

>> No.29623405

>>29623253
>Just because they sold on the last one doesn't mean they can't be buying/selling and using options on this one. They could be on the train

I really think its in Wall Street's best interest for GME to just quietly go away, I don't think they'd stir the pot as they've attracted the attention of some of the most vocal members of the legislative branch and media in general.

>> No.29623460

lol good thing underage /biz/ kids have like zero effect on the market. i took tuesday off because i got fed up with the ridiculous low effort fud premarket. the gamma squeeze and short squeeze will happen. if gamestop turns around with ryan cohen it could go to $600+ just based on chewy's valuation

>> No.29623479
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29623479

>>29623263
so if someone blew up the fed the price of gamestop would go to $infinite?

>> No.29623504

>>29623131
>>29623131
I feel like it'll likely happen but not until the normies hear about it again, think about it
>normies didn't hear about GME until the 200~300 dollar price
>they even bought bags at 500
The only people that probably know about this right now are diamond hands and anyone that keeps up with the stock, the price will likely go higher before going back down to 50

>> No.29623513
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29623513

>>29623301
How many financially illiterate people are there to believe that?

Short squeeze becoming a buzzword has made this shit toxic. I believe the only people with sound financial skills buying GME now are those who bought yesterday and are now flooding info on the plebbits.

It's all bullshit.

>> No.29623548

>>29623504
https://www.idahoreporter.com/2021/blackrock-trims-stake-in-gamestop-nysegme-stock/

this is blackrock selling back in Q4 last year
you know, at sub $10
you better fucking believe they sold the last pump and are selling this one too
they are not idiots

>> No.29623589

>>29623263
>Melvin being unable to trade with itself to IPO ladder the price down.
How long before Melvin is tied to the Clintons and you guys start financing Qanon militias?

>> No.29623591

>>29623188
America Hours

>> No.29623661

>>29623377
After the market closes at 4pm EST

>> No.29623669

>>29623548
black rock plays 8d chess you can't use your pathetic human logic with them.

>> No.29623674

>>29622540
trannies are gross lol

you probably will kill yourself or get AIDS very soon

>> No.29623696

>>29623513
Congratulations, you just figured out that life is smart people preying on the dumb people

>> No.29623705

>>29623253
>Just because they sold on the last one doesn't mean they can't be buying/selling and using options on this one
BlackRock sold 700,000 shares and retained over 4 million, while Fidelity held every single one through the crash.
>but but Fidelity sold all their shares!!!
They simply transferred them to a subsidiary (namely, FDMLX - Fidelity Series Intrinsic Opportunities Fund). Look up the 13Gs on EDGAR.
>>29623405
Ah yes, let us foresake trillions of dollars in profit and bankrupting our competitors to avoid bad PR; Lord knows how much we care about how we are perceived! In fact, when we were faced with numerous hearings after the housing crisis (which was borne out of our own greed) that didn't amount to much more than political theater and the subsequent Occupy Wall Street movement, we just shut down! We decided that it was better for the American people. That is our number one priority, after all.

>> No.29623735

>>29623377
after stock market closing bell

>> No.29623791
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29623791

>>29623548
I'm not sure if you're agreeing with me here or what

>> No.29623818

>>29623705
>Ah yes, let us foresake trillions of dollars in profit
lolwut nigga?

>that didn't amount to much more than political theater and the subsequent Occupy Wall Street movement

dude they needed to invent BLM to get rid of that shit.
They created a fake culture war so we wouldn't kill them last time around.

>> No.29623883

The same people FUD'ing now are the same people who FUD'ed when it plummeted down to 50. So many people lost money listening to these faggots and selling at a loss to capitulate. DO NOT LISTEN TO THEM

>> No.29623896

https://www.reddit.com/r/GME/comments/lrrei9/reminder_that_the_chairman_of_ib_stated_that_the/

>> No.29623959

>>29623705
housing bubble was caused by democrat policies forcing banks to give out subprime loans to bad creditors trying to move out from inner cities (mostly blacks not trying to be racist its just the facts)

>>29623791
you said its likely it'll happen and I am agreeing with you by showing evidence that blackrock was trimming their position at $10. If they were selling at 10, why would they not be selling at 200

>> No.29624039
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29624039

>>29623319

>> No.29624069

>>29620910
41.2M shares traded AH. That can't very well be reddit FOMO can it?

>> No.29624107

>>29623959
>housing bubble was caused by democrat policies forcing banks to give out subprime loans to bad creditors trying to move out from inner cities (mostly blacks not trying to be racist its just the facts)

Both Bush and Clinton did this. Bush actually did it the most. He constantly talked about black housing.

I think he was embarrassed about the
>George Bush doesn't care about Black People!
thing

>> No.29624117

>>29624039
yeah i understand that, banks could not transfer money between each other

now explain what that has to do with a hedge fund's stock portfolio?

>> No.29624152

What is BTFO and FUD?

>> No.29624167

>>29623959
>democrat policies forcing banks to give out subprime loans
Hm, this is interesting. Can you recommend any material regarding this? I always assumed that it was because banks decided to make a fuckton of money off of giving out bad loans.

>> No.29624176
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29624176

>>29623319

>> No.29624177

>>29624069
doesn't WSB have millions and millions of users?

>> No.29624195
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29624195

>>29623696
FOR REAL THOUGH.

ain't that the truth

>> No.29624202

>>29621927
Whats to stop hegies ladder attacking to keep the price down like they did before? Maybe most of the stop losses that were triggered before are no longer there?

>> No.29624214
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29624214

>>29624117
D-DUDE, its MELVIN, WE'RE GONNA GET HIM BROS!!!!

>> No.29624233
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29624233

>He sold?
Pump it.

>> No.29624235
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29624235

>>29624117
uh uh u h jews cookin the books

>> No.29624244

>>29624167
https://www.cnbc.com/2016/05/28/are-the-clintons-the-real-housing-crash-villains.html

>Under Clinton’s Housing and Urban Development (HUD) secretary, Andrew Cuomo, Community Reinvestment Act regulators gave banks higher ratings for home loans made in “credit-deprived” areas. Banks were effectively rewarded for throwing out sound underwriting standards and writing loans to those who were at high risk of defaulting. If banks didn’t comply with these rules, regulators reined in their ability to expand lending and deposits.

>These new HUD rules lowered down payments from the traditional 20 percent to 3 percent by 1995 and zero down-payments by 2000. What’s more, in the Clinton push to issue home loans to lower income borrowers, Fannie Mae and Freddie Mac made a common practice to virtually end credit documentation, low credit scores were disregarded, and income and job history was also thrown aside. The phrase “subprime” became commonplace. What an understatement.

>Next, the Clinton administration’s rules ordered the taxpayer-backed Fannie and Freddie to expand their quotas of risky loans from 30 percent of portfolio to 50 percent as part of a big push to expand home ownership.

>Fannie and Freddie were securitizing these home loans and offering 100 percent taxpayer guarantees of repayment. So now taxpayers were on the hook for these risky, low down-payment loans.

>Tragically, when prices fell, lower-income folks who really could not afford these mortgages under normal credit standards, suffered massive foreclosures and personal bankruptcies. So many will never get credit again. It’s a perfect example of liberals using government allegedly to help the poor, but the ultimate consequences were disastrous for them.

>> No.29624262

>>29624177
>Something like 9 million users
>Implying that if all of them put their life savings together they would have enough to even buy a million shares
I hope you're getting paid well and not just terminally retarded

>> No.29624293

>>29620910
>- Shorts close positions driving prices to 90
Bruh if it was that easy, this wouldn’t have lasted months.
>>29621863
>covering my losses
Take all the losses but shuts down his winnings
Good fud faggot

>> No.29624296

>>29624202
ladder attacking is a thing people who don't know how to trade say because they don't understand why the price do the thing it do.

>> No.29624314

>>29620910
there's a big problem with failed shares delivery, look at that topic in the GME affair, it's huge.

>> No.29624345

>>29624152
>BTFO
blown the fuck out
>FUD
fear, uncertainty and doubt

>> No.29624389

>>29621610
Retard

>> No.29624421

>>29624244
Interesting. So would you contend that banks getting overzealous had absolutely nothing to do with the housing crisis? Personally—even in light of this information—I feel that it did, at least to a certain extent.

>> No.29624434

>>29624262
>implying they wouldn't be that dumb

I see a lot of shares sold to a lot of fomoing redditors. Price level was maintained by fomoing redditors trading amongst themselves AH
but there's no actual demand for it that high, so we'll see what happens at open

>> No.29624445

>>29624244
b-but muh social justice and equality and shit

>> No.29624447
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29624447

>>29622403
the spike on the left is GME

>> No.29624467

>>29624421
the banks hands were forced

>> No.29624555
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29624555

Ok bros, what should I do? I already lost $850 on GME because I bought near the top and only sold when there was no hope left. But I see no reason why this squeeze would be happening unless it were happening for real. Retail pressure was absolutely minimal for the longest time and out of freakin nowhere the price quadruples and the Fed shuts down. I know (((they))) always win, but screw it should I just throw a couple hundo down on some call options? What should my exit point strat be?

>> No.29624562
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29624562

>>29624167
hey newfag, ill summarize what the other anon replied. since niggers cant control their impulses and have a tendency not to budget very well, their credit is shit on average. this meant that political initiatives to increase minority home ownership necessarily meant banks had to give out a fuck ton of loans to people (niggers) who couldn't pay them back. this loosening of normal credit vetting for the sake of an egalitarian agenda had disastrous consequences

>> No.29624599
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29624599

>>29622416
>(You) will be eaten alive by a pack of wild city niggers within your lifetime.
>tfw living overseas

>> No.29624629

>>29624467
Kek. Wow I didn't know that people who actually suck off greedy banks existed.

>> No.29624650

>>29624555
Stop trying to time the squeeze you're obviously terrible at it. If you didn't buy at $40 you shouldn't buy now. If you still want to long GME, buy at the bottom after this spike.

>> No.29624696
File: 7 KB, 249x193, pp4.jpg [View same] [iqdb] [saucenao] [google]
29624696

>>29623661
how can trading occur if market is closed?

>> No.29624738

>>29624555
>I lost $850

this is chump change. accept it and stay out. dont be a retard.

>> No.29624886
File: 165 KB, 577x639, 1614176494761.jpg [View same] [iqdb] [saucenao] [google]
29624886

>>29621363
This?

>> No.29624888

>>29624696
in the aftermarket

>> No.29624908

>>29624629
ok

who do you think lost money when the housing bubble burst?
it wasnt the democrats who forced the policies, it was the banks that loaned out the money. But the politicians knew they had fucked up big time, and after all they had promised the banks that this would all be safe to do because Uncle Sam ordered it, and thus they shifted the losses onto the taxpayers with massive fucking bailout money as we all know.

the banks were basically set up as the fall guys in the court of public opinion.

>> No.29624926

>>29624562
niggers are a relatively small amount of the population though.
White niggers (floridians, etc) are just as bad with credit.

>> No.29624946

>>29621625
Shut up fucking retard

>> No.29625009

>>29624908
and you fell for it like the fucking dumb faggot that you are

>> No.29625032

>>29624650
>>29624738
thanks bros, I'll just stay out. that money will be better spent on shitcoins assuming we're not about to bear.

>> No.29625058

>>29624908
This is really interesting, actually. I'm guessing there haven't been too many books written about this?

>> No.29625060

>>29623339
He didn't dilute because he is a mother fucking ride or die and one of the unsung heroes of this saga. He's holding shares too remember.

>> No.29625067

>>29621458
Based
>>29620910
Well if you weren't a retard and actually read any of the GME threads this lasts weeks you would know that the retailers have no power or say here. Other institutional investors have been loading up and fighting with Melvin to keep the price around 40 dollars. The pump we saw today requiered a massive amount of volume that no retailer can really pull. Also, why are the institutional investors loading up? Because they know Melvin hasn't covered.
If you had read the threads and not fall for the shills you would've know that by now.

>> No.29625091

>>29624296
Whatever. Whats to stop them from doing the same thing they did last time to drive the price down?

>> No.29625094

>>29624908
no the bankerinos

>> No.29625103

>>29625058
there are tons of books on this

>> No.29625122

>>29624908
No the people holding mortgage backed securities lost money (which the banks ALSO sold). The banks were bailed out. The people who had their money invested into these mortgage backed securities and the low income people who then couldn't afford these crazy jumps in interest rates (which the banks knew about) lost everything.

>> No.29625133

>>29624908
I mean it was their fault for giving them triple A ratings when they knew they were pozzed by the negroid.

>> No.29625198
File: 185 KB, 1200x1200, flu-prevention-methods-gettyimages-82090912.jpg [View same] [iqdb] [saucenao] [google]
29625198

>>29625067
>Well if you weren't a retard and actually read any of the GME threads this lasts weeks you would know that the retailers have no power

Its seriously financial Qanon forming right before our eyes, unbelievable.

>> No.29625202

>>29625122
alright that is fair
there were lots of shenanigans done by the banks with the toxic mortgages, chopping them up into pieces and stuffing them into other instruments without changing credit ratings and such, you are totally right. That was surely something you can be mad at the bankers about

>> No.29625238
File: 124 KB, 485x575, getshorty.png [View same] [iqdb] [saucenao] [google]
29625238

This is now a hostage situation.

>> No.29625254

>>29625133
This. The banks made a fucking killing all throught and then made EVEN MORE shorting the housing market directly after. Fuck off with this bank apologist shit.

>> No.29625260

>>29625091
selling? Nothing. Selling drives the price down. Who woulda thunk?

>> No.29625326

>>29625254
doesnt change the fact that the root cause of the issue was Dem policies

>> No.29625413

>>29625103
Then recommend some dude

>> No.29625436

>>29625413
The Big Short

>> No.29625448

>>29625326
doesn't change the fact that the root cause of Dem policies is dumb capital

>> No.29625486

>>29625198
>"It will never rise again!"
>rises over 120% in a span of two hours

>> No.29625490

>>29625326
Fair enough, they should focus more on education for these people and uplifting the middle class instead of literally destroying it. Then atleast you'd have an educated lower class that can figure out a way out of it and a strong and growing middle/upper middle class. But that's another conversation for another day.

>> No.29625506

>>29625436
the book not the movie if you want to actually understand the situation
>>29625413
also read Thomas Sowell's book

>> No.29625569

>>29625198
Wasn't the price gonna crash to 0? Wasn't a new squeeze never gonna happen? How come I am Q when the only people who has been wrong all along have been those who are urging the holders to sell?
Suck my dick retard.

>> No.29625614

>>29622707
I have goosebumps, do you?

>> No.29625658

>>29625486
>>29625198
>It's going to 0, trust me, two more weeks.

>> No.29625661

>>29625436
>>29625506
Thanks anon

>> No.29625736
File: 622 KB, 1440x3200, Screenshot_20210224-172816_TD Ameritrade Mobile.jpg [View same] [iqdb] [saucenao] [google]
29625736

>>29621458
Absolutely. It happened with other heavily shorted, yet no meme'd stocks like KOSS.

>> No.29625737

>>29625326
Dems have had majority for a month and it's their fault? Lol

>> No.29625775

>>29624177
>doesn't WSB have millions and millions of users?
With AH access?

>> No.29625786

>>29625569
>How come I am Q when the only people who has been wrong all along have been those who are urging the holders to sell?

Because you're literally saying
>Trust the plan
When the plan makes no sense and also is non existent.

Also you have no control over the things that are happening. Its a shadowy cabal of colluders that move the market. Evil evil jews and you're gonna show them!

>> No.29625848

>>29625775
Everyone has AH access. Christ what has /biz/ become?

>> No.29625867
File: 65 KB, 228x345, chrome_UVD1jD95zO.png [View same] [iqdb] [saucenao] [google]
29625867

>>29625737
are you fucking serious
we were talking about the Clinton era, it was like, from 1992-2000?

>>29625661
I should have specified, I meant this Thomas Sowell book obviously, from 2010

>> No.29625974

>>29625786
We’ve been consistently posting reasons why it’s going to squeeze again in GME threads while the FUD is just baselessly claiming it’s a Q conspiracy, all the sudden it happens exactly as everyone has been saying and you still think it’s a cult mentality? Seriously end your life man. You’re fucking dumb.

>> No.29625980

>>29625569
Wow. The fact that somebody typed and sent what you just posted is actually incredible. Unless you were trolling in which case good job here's your (you).

>Wasn't the price gonna crash to 0
This is called a rhetorical statement, a stock doesn't literally crash to 0 unless the company goes under you fucking tard
>Wasn't a new squeeze never gonna happen?
There was no squeeze the first time and there is no 'new' squeeze now. Whales have been waiting to settle their short positions, and now they have, which artificially spiked the price. There are (practically) no more short positions to leverage into a squeeze.
>How come I am Q when the only people who has been wrong all along have been those who are urging the holders to sell?
If you think selling at the top and not being left bag holding is wrong then I have no fucking clue what you think is right

>> No.29626091
File: 2 KB, 125x125, 1612273185289.jpg [View same] [iqdb] [saucenao] [google]
29626091

>>29625867
the board is infested with newfags from reddit and they're going to come back in full force again

>> No.29626093

>>29625786
Lmao get fucked shill.
In one side you have your plan, the plan of the shortsellers, which is to crash the stock. In the other side you have the plan of the holders, which is opposite of yours. If you tell me there is no plan then you are a smooth brain retard who probably eats crayons for breakfast. If you can't trust non of them, you bet im whichever makes more sense. I did, i have 50 shares, avg 100 dollars. What do you got? Tears, butthurt and wasted time making fun of holders in these threads.

>> No.29626124

>>29626091
Sad!
Many such cases!

>> No.29626247

>>29620910
nigger rape

>> No.29626266

>>29622918
Ask me how I know you're from reddit

>> No.29626281
File: 48 KB, 640x573, 1602029925830.jpg [View same] [iqdb] [saucenao] [google]
29626281

>>29625980
LMAO look at this shills man. MELVIN TOOK A LOAN THIS TIME.
>well did it crash below 10 you dense nerd
>the squeeze never happened and never will, we just saw a (describes a squeeze).
>I am not bag holding now am i?

>> No.29626323

>>29625974
So what’s next?

>> No.29626501

>>29626323
280ish peak thursday 210-20ish ahc
friday one way or another i become the boyfriend

>> No.29626543
File: 14 KB, 443x474, 1612278148778.png [View same] [iqdb] [saucenao] [google]
29626543

>>29626281
>d-did it go below this exact arbitrary figure?? HA thought not!!
>so you're saying it SQUOZE from 40 to 90? SQUEEZE CONFIRMED!!!!

Jesus you're fucking hopeless. Go take another mortgage out on your house and show everyone up you fucking animal

>> No.29626718
File: 30 KB, 530x298, 1598372126097.jpg [View same] [iqdb] [saucenao] [google]
29626718

>>29626543
HAHAHAHAHAHAHA
>Being this fucking dumb

>> No.29626736

>>29620910

Fuck GME

https://stocktwits.com/symbol/CLF

>> No.29626742

>>29624562
or better yet its been less than 60 yrs since segregation and we are now seeing first/second generation niggers complete the white man education system and make gains... the economic impact of no education thru history and the fact we didnt let niggers establish generational wealth, is in the trillions... then redlining them to the shit side of town with traps in those same homeownership contracts.. we did a good job at suppresing the negro oh yeah not to mention the iran contra affair

>> No.29626980
File: 5 KB, 212x249, 1611718175729.jpg [View same] [iqdb] [saucenao] [google]
29626980

>>29621661
How about a spike @ 210, I need to break even, it's been a wild ride and I want out

>> No.29627038

>>29626543
trust the plan faggot.
Either buy gme tomorrow at open or your mom dies in her sleep

>> No.29627088

Correct me if I'm wrong but I think this 2nd run has significantly higher FOMO than last time. People are aware of it now, they know what to expect but on the other hand the entire move today was in the last hour of trading which had obscene volume even in after hours. I thought the run was over and the meme was dead but apparently redditors and normalfags were still holding the bags all this time. There's not even any news that really supports the move either, it's just the fact that there "was news" that matters. The volatility this time around won't even compare to last time. Hedgies are ready, bagholders want out but the amount of people still in and trying to get back in is higher than ever. I feel like if you got in at 40 or less you can sit tight but I have no idea if it's worth it to get in at 160~. This shit can honestly skyrocket or tank in moments and it doesn't even have to do with shorts or anything else, I'm almost certain it's mostly retail fueled. I think if EU markets open high on gme we can expect a rise as well but the opposite is also true. I'm a fuckin idiot for not trusting my gut and buying in last week but I still think there's plenty of room for this thing to move yet.

This is just my dumbass amateur opinion. What are your guys' takes on this?

>> No.29627152

>>29625238
that guy is a larper who deleted his tweets, or you the larper himself do not trust this whore

>> No.29627208

>>29627088
>I'm almost certain it's mostly retail fueled
See: >>29621458
Why are you like this?

>> No.29627238

>>29627088
everyone buying to hold is an idiot
everyone buying to sell after a 300% gain will be an idiot with money
job done

>> No.29627284

>>29626742
Nigger suppress themselves. Whites have the same disadvantages.

>> No.29627488

>>29626742
Kek fuck off where you came from with that shit newfag. If you think drinking out of a shitty water fountain in 1965 makes niggers fail then you're beyond saving. Prudent, high IQ first gen immigrants with no generational wealth make it into an upper middle class suburb within their lifetime because they're not low impulse control retards. most generational wealth is a result of diligence and prudence, and is not sufficient to produce success in itself

>> No.29627531

>>29623188
Astounding Highs

>> No.29627664

Some users here are so fucking sure their predictions are right that I can't help but wonder why are they even here. With that high IQ and knowledge they should be millionaires by now.

It's amazing the amount of fucking shit you guys can pull out of your ass and into replies ITT
I'm sure at least 10 biz anons will purchase $ROPE tomorrow at market close.

>> No.29627721

>>29627208
So essentially what you're saying is that hedgies are just infighting and trying to fuck each other over because of outstanding shorts and the price hike that happened today is ahead of shorts closing soon along with retail fomo giving it extra fuel?

>> No.29627732

>>29621458
What price do you expect them to dump at

>> No.29627747

>>29621363
if a chatroom could pump a stock by a couple hundreds of dollars they would be doing it every day. lmao
But reality is that retail don't have the means to push that kind of volume in the span of like 10 minutes. Market Makers, institutions, hedges... Those ar the people that move the market and retail is just there riding the wave not making it.

>> No.29628137

>>29627664
Lmao based and denmarkpilled

>> No.29628313
File: 10 KB, 250x250, 123482345t917351725.jpg [View same] [iqdb] [saucenao] [google]
29628313

>>29620910
WE TOLD YOU THE SQIZE WOULDN'T BE'D SQOOZERD YET!

>> No.29628372

>>29627088
This is a good opinion. The majority of people in the GME lost because that's the nature of these things and this is a second run to make that money back. I think the retail buying this time around is way higher than last time. I'm only curious now, will the bagholders run away and escape the damage they caused themselves or will will they maintain their diamond handed autistic strategy from the beginning? I'm so curious how this will play out

>> No.29628405

if i unironically bought put contracts with expiry a year out, is there any way i can lose?

>> No.29628466

>>29627721
The price hike today was a gamma squeeze, which entails forced buying due to open options positions. The last spike in January was a gamma squeeze as well.
>hedgies are just infighting and trying to fuck each other over because of outstanding shorts
Yes, something you would know if you had done some research or even been paying the least bit of attention.
>>29627732
I honestly don't know. Apparently the theoretical upper limit is 130k, but I'm not sure how accurate that is. I do know, however, that these institutions' greed is unhinged, and that they are willing (and likely glad) to bankrupt their competitors, crash the market, and let retail investors get blamed for it if it means they profit off of it. This is a legitimately unprecedented market aberration/singularity, and if you think about the fact that the two spikes so far have only been gamma squeezes and not the actual squeeze, maybe you can begin to fathom how high this has the potential to go. Ultimately, what I do know is institutions will push it as far as is possible. They don't care if the dime stops with the clearinghouses, the banks, and/or the government. I honestly do think somewhere in the 50k range is plausible.

>> No.29628535
File: 219 KB, 1079x1344, Screenshot_20210224-192829_Robinhood.jpg [View same] [iqdb] [saucenao] [google]
29628535

>>29625486
300%

>> No.29628633

>>29628372
>I think the retail buying this time around is way higher than last time.
Why are people unable to fathom that retail investors literally don't fucking matter? You think retailers can make a stock go from 45 to 200 (ah) in a single day? We were always at the mercy of the institutions. You're either incredibly dimwitted or just a shill.

>> No.29628645

>>29624926
despite being 13%

>> No.29628719
File: 144 KB, 725x598, TrumpsPump&Dump.png [View same] [iqdb] [saucenao] [google]
29628719

>>29621363
TRUMP'S PUMP & DUMP.

>> No.29628727

>>29620910
i told you it was over on the 29th. it's still over. gg

>> No.29628738

I wonder where Gamburu poster is

>> No.29628742

>>29628405

you legitimately cannot lose with this play

even before covid lockdowns AMC was struggling
you think they are suddenly gonna become profitable again?

movie theaters are in their death throes right now and reddit retards are parading around the corpse like its fucking weekend at bernies

>> No.29628801

>>29628742
oops got my threads mixed up

this is the GME thread

anyway, same logic applies

>> No.29628859

>>29628633
That's boomer logic though, we're millennials and trade for ourselves. There's 10m people on WSB, millions on chan, millions on other sites. Millions of traders that pay attention to this shit but aren't necessarily part of any of it. Biz became the highest volume board during the GME shit last time.

That means there's like 30 to 50m people keeping up with it and eligible to trade. That's a lot of people to move the market man.

>> No.29628910
File: 188 KB, 3004x717, xrt.png [View same] [iqdb] [saucenao] [google]
29628910

XRT is still being shorted

>> No.29628920

>>29621625
Ur obviously a newb and a zoomer. This is not once in a generation it happens with some shitstock a few times a year

>> No.29628937

>>29628466
>I honestly do think somewhere in the 50k range is plausible.

RH wont let me set my limit that high

>> No.29628945

>>29623376
It's strange because I thought the catalyst for the GME hype was Cohen turning Gamestop into Chewys.

>> No.29628954
File: 173 KB, 680x477, 1612273482435.png [View same] [iqdb] [saucenao] [google]
29628954

>>29628859
>delusional

>> No.29629032

>>29628801
>>29628742
you are correct but using the swings created by fomo/yolo retards to play good options have been making things like amc print gold turds

>> No.29629059
File: 762 KB, 794x596, Lenny.png [View same] [iqdb] [saucenao] [google]
29629059

>>29628954
Good cope broski, adapt or die

>> No.29629199

>>29629059
unironic response is that retail is not only low budget but totally timid and disorganized. just as liable to sell as they are to buy in any high stress situation. incapable of making unilateral, market shifting moves. they can certainly be a supplementary force though.

>> No.29629313

>>29628859
>>29629199
He phrased it better than I could

>> No.29629433

>>29626742
kek low iq take detected or salty groid. hey bud how many blacks are one food stamps again even the adults? the correct answer is literally 1 in 2 or 50 fucking percent

>> No.29629443

>>29629199
I agree with that, in general it'll never effect industries. I think in this particular situation though where it's not valuation or skill or logic based investing, it's just be autistic and dump your money, that's where the gang mentality market shifts actually happen. Moving the market doesn't necessarily mean making any money, it probably means losing it to people that take the advantages you mentioned there. There's a lot of dudes that landed good jobs that have 100k to throw around man.

>> No.29629511
File: 92 KB, 444x659, 1584740790923.jpg [View same] [iqdb] [saucenao] [google]
29629511

>>29627088
>>29614663

>> No.29629536

My technical indicator says to short around $250

>> No.29629623
File: 365 KB, 500x275, 1430018604381.gif [View same] [iqdb] [saucenao] [google]
29629623

I got burned on AMC last month, and now GME is on CashApp. Is it worth it...?

>> No.29629641

>>29629443
While retail does play a part, the kind of movement we've been seeing definitely isn't retail-driven, even taking the mob mentality you mentioned into account. Retail investors didn't set up call chains to trigger a gamma squeeze today.
>>29629536
Do it you won't

>> No.29629747
File: 75 KB, 772x576, grandma and her FTDs.jpg [View same] [iqdb] [saucenao] [google]
29629747

>>29624314
FTD's are the real cancer. poor grandma!

>> No.29629796

>>29629623
oh yeah totally. buy 10kcc 969. march millionaire. you got it bro.

>> No.29629881
File: 57 KB, 722x543, RSLrT7Y.jpg [View same] [iqdb] [saucenao] [google]
29629881

>>29622030
No a gamma squeeze happens everytime I put too much Taco Bell Hot Sauce onto my burrito. I head to the bathroom and I end up with a Gamma Squeeze to hell. If you need a description, pic related

>> No.29630048
File: 5 KB, 358x235, 1447208431998.png [View same] [iqdb] [saucenao] [google]
29630048

>>29629796
You're a rascal, you know that? I'm not the naive ingenue I was before; FOMO ain't gonna draw me in, not this time. An easy 2x or 3x profit would be dandy, but I'm not expecting the 1,000+ lunacy some of the bag-sellers are hawking.

>> No.29630058

>>29620910
>GME from 40 to 90 would take a lot of volume so most of their positions have likely been cleared.
This. GME's current price is being driven by retail investors.

>> No.29630195

>>29630048
good lad

>> No.29630451

>>29629881
>no ring on the finger
A poor facsimile

>> No.29630492

reddit is down again. they are trying to shut things down.

>> No.29630715

>>29620910
>Shorts close positions driving prices to 90
The why did shares available to borrow go from 2.1 million to 450k?
https://iborrowdesk.com/report/GME

>> No.29631028
File: 43 KB, 500x500, artworks-000673525021-44270l-t500x500.jpg [View same] [iqdb] [saucenao] [google]
29631028

>>29630715
>this kills the hedgie shill
Theyre so obvious its truly embarrassing "no for real honestly just sell bros, please don't think it'll go as high as last time or beyond sell now, sell...please just sell bro"

>> No.29631072

>>29625980
I hoped we had gotten rid of you shills with this, I guess not.

The sad part is you are probably going to get a few people as there will be newfags getting in now without knowing the whole story to this point through the generals.

Don't be fooled - this is nothing. They haven't covered and the squeeze is to come. This site is rampant with shills and FUD right now.

>> No.29631094

>>29628466
I honestly do think somewhere in the 50k range is plausible.
Im too dumb to understand how that's possible. Like, i saw there being over 50k call contracts between 50 and 60 strike price bought today, that expire tomorrow; among with around 50k spread out 50,60 and 800 strike price call contracts that expire on other dates. Also only around 40% short left. Wont all those contracts just be executed tomorrow, driving the price back down?

>> No.29631193

>>29631028
I'm dumb but is it possible they're borrowed longs

>> No.29631221

>>29630715
Oh jesus did they really dig the whole even more?

What are they doing? Are they really that confident it's going to drop to under 20 now? No chance. They should honestly give up, it's only going to get worse.

>> No.29631403

>>29631221
you never have to give up when you make the rules. play them up for what you can gain but don't drown yourself.

>> No.29631433

>>29624555
>and only sold when there was no hope left.
If you had actually done your DD or even just listened to other posters and not paper handed like a bitch in your ignorance you would have known there was always hope

People like you don't deserve to make it.

>> No.29631489
File: 284 KB, 800x472, Cicero Pink Blunder.png [View same] [iqdb] [saucenao] [google]
29631489

I bought 100 shares @ $300
sold half at $290
sold the rest at $100

>> No.29631651

>>29631489
The patrician way

>> No.29631968

>>29631489
ah yes averaging down your liquidity risky play but it could work out

>> No.29632173

>>29631489
the synthetic abyss hedge is indeed a risky but possibly worthwhile play

>> No.29632249

Just two days ago I was thinking it would drop to 30 then pump to 250 before slowly bleeding forever. Looks like I will be close, but I wouldn't be surprised if weaponised autism pushes it to 400, I'd be extremely surprised if it breaks a new ath with all the people who fomod in last time and just want out after seeing how dangerous it is.

I would have bought if I had access to stocks but whatever, I don't mind missing out, it is too risky for my liking buying gme at anything over $10 and being left with bags. I'd rather play with crypto.

>> No.29632255

>>29631489
You missed the crucial step of buying it all back at 50

>> No.29632311

>>29631094
r u saying...50k per share??

>> No.29632544
File: 32 KB, 512x512, 1613433884480.jpg [View same] [iqdb] [saucenao] [google]
29632544

>>29631489
I haven't laughed this hard at a 4chan post in a while.

>> No.29632858

>>29623026
Looking forward to your tears when this hits 500, poorfag

>> No.29632931
File: 58 KB, 1920x1080, 101.png [View same] [iqdb] [saucenao] [google]
29632931

Doubters?

>> No.29632943

Where can I find the new Finra short interest data? Shouldn’t it be out now?

>> No.29632994

>>29632931
Can you explain this?

>> No.29633088
File: 135 KB, 1024x1004, 1609550238048.jpg [View same] [iqdb] [saucenao] [google]
29633088

>squeeze already happened
>it will just keep droping
>it will never break 50
>no, just ignore the gamma squeeze, it will go back down.
>ignore all the brokers limiting options on AMC and GME
I never listened to /biz/ and doubled down at 45 today, easiest money in my life and I intend on holding.

>> No.29633091

This is the most spectacular stock event in the history.
Literally unprecedented.

>> No.29633172

>>29632994
Internet search interest for gme and gamestop compared to porn

>> No.29633247

This thing will climb until Friday and then probably dump Monday when they put trade restrictions back in

>> No.29633413

I mean, if you know anything about the financial sector you saw this coming. I'd never put money down on it because I'm not a daredevil gambling with other peoples' money, but if you seriously thought that a bunch of corrupt, retarded hedge fund managers were going to spend 5+ years shorting down a stock only to give up just because of something as small as "almost losing infinite money", you know nothing about how fucking dimwitted most people in finance are.

>> No.29633455

>>29633088
I cant figure out what to set my sell limit at. I wouldnt even consider it normally but I'm sure Robinhood will get a gun put to their head again.

>> No.29633489

>>29625198

I'm a super boring investor, (ETF's, Blue chips, REIT's etc.) but even I could see if this many shills are trying to spread FUD, there's something going on, so I got in at $45 just to fuck your bosses.

>> No.29633627

>>29633413
+2 and I am a financial professional responsible for accounting in a multibillion dollar company. never underestimate big stupid greed.

>> No.29633639
File: 487 KB, 1440x839, Screenshot_20210224-195219_Chrome.jpg [View same] [iqdb] [saucenao] [google]
29633639

>>29633088
Based. Fuck the FUDers and shills. The only people rooting for this shit to fail are salty people with no shares, people who bought high and sold low before this rebound, and literal hedgie shills. Pic related has been posted in like 4-5 Gme threads today.

>> No.29633672

>>29633455
>I cant figure out what to set my sell limit at
that's my concern too, I've been trying to gauge what other posters thoughts are and it's wildly divided by thousands of dollars. It's hard to judge.

>> No.29633696

>>29624176
Correlation does not equal causation you triple nigger.

>> No.29633719
File: 84 KB, 782x768, 1542761463707.jpg [View same] [iqdb] [saucenao] [google]
29633719

>>29633455
Call me a retard, but being a retard made me buy at 45, but I am not putting down a sell order in until I see GME cemented in the history books. Whatever it does, it will be spectacular, it might get so bad that it will cause a market crash if the recent findings in ETFs suggested.

>> No.29633744

>>29633672
500-700% gain is fine my g. 300% gain is fine. don't worry about other peoples money, plan for yours.

>> No.29633775

>>29624176
Ever heard of a lurking variable?

>> No.29633797

>>29620910
Dump it now. Get into Union before it moons / main net.

>> No.29634006

this is literally some bognadov shit and i'm about to fall for it again. help.

>> No.29634039

>>29627088

Don't worry fren, this is the first time I've ever bought into something like this, and I've been actively trading for 2 decades. I like value, I like consistent dividends, and I avoid what I don't know. But last week I bought in at $45, and this is 100% based on every fucking paid shill trying to tell me I'm somehow a retard.

MAYBE tomorrow I cash some out to preserve gains, or maybe I hold and fuck some HFs who I personally hate because fuck you, that's why.

Either way I'm drinking champagne.

>> No.29634226

>>29631489
Ah a true /biz/raeli move their kind sir.
YOU SHOULD HAVE LISTENED TO US

>> No.29634245

>>29634006
Never FOMO in. You can play around with your money all you like, but don't ever buy into things after they've started just because you're afraid that you might miss the train. The hype train left the station and you weren't on it. If you keep thinking "BUT WHAT IF I COULD BE A MILLIONAIRE", you're just going to get run over by the train while you desperately try to get on.

The price just tripled in like an hour. This is the most dangerous possible time to be trying to get on-board.

>> No.29634387

>>29634245
More people need to hear this message, because FOMO is worse than FUD in ruining bank accounts. Buy when things are red, not green. Always assume people saying “jump in” are doing it because they’re hyped, not being honest.

>> No.29634424

>>29633719

Fren, It's not just the redditors, I fucking hate reddit. There's a solid case to be made that this is a strong brand and the new leadership team could transition to mostly online/esports/branding/etc and if you're willing to hold for at least a year, $45 was a good entry point, I honestly figured the squeeze was over.

>> No.29634653

ok someone explain it to me. they borrowed 1.6 million more shares right? because there's only 450k left to borrow? what i wanna know is are we sure those are shorts and not longs on margin? like idk how this works.

>> No.29634672

>>29634424
i was thinking it's an easy 80 back when cohen decided to unfuck their business model desu, so 10-50 is a steal for going long. that said, nobody reading this thread should buy in at 250+. there risky and then there's believing that cheaters won't try to cheat you- and that's stupid.

>> No.29634786

>>29620910
All I know is that given the shorts, I was going to hold until at least the 22nd. This movement, while higher than expected, was predictable.

>> No.29634794

>>29634653
Borrowed longs aren't a thing you retarded midwit

>> No.29634843

>>29634794
ok thank you that's all i wanted to know call me a fag i just needed to know thank you you're a king thanks

>> No.29634867
File: 465 KB, 1125x2436, A9393F8A-71BB-42D8-AD5B-EB54AAB1CEC3.png [View same] [iqdb] [saucenao] [google]
29634867

GME bros are we getting fucked again?

>> No.29634904

>>29628633
My theory is while retail is a very small percentage, the frequency of buying is really high. Imagine during the height of the price, every retail people are buying every millisecond, as the price goes up the buying continues.

Its like the short ladder attack but in reverse.

>> No.29634944

>>29634867
Why is anyone still using Robinhood after last time? If you still are, your IQ is literally 50.

>> No.29634956

>>29623188
Antelope Hill (publishing)
Nice dubs btw
Hail victory

>> No.29634977

>>29634245
this is excellent, thank you. this past week of down days was bad enough but getting burned by this would be crushing. i'll just let things cool off for a bit, good luck to anyone here in it.

>> No.29634998

>>29634867
How are there people still using Robinhood?

>> No.29635048

>>29634944
I'm still on RH because I didn't want to move my stocks out, lest I miss some action (like today's). Feels bad man.

>> No.29635060

>>29634867
dude... come on. you had your chance

>> No.29635101
File: 1.08 MB, 2406x3464, 9910044A-7C6B-4B7E-939D-F9D6D179759D.jpg [View same] [iqdb] [saucenao] [google]
29635101

>>29634944
Calm down

>> No.29635111
File: 499 KB, 560x558, 1604638024888.gif [View same] [iqdb] [saucenao] [google]
29635111

>>29634867
You deserve to loose every dollar to "Robbing hood"

>> No.29635176

>>29634998
You wanna pay for my transfer fee?

>> No.29635197

>>29635048
you can have more than one broker you know

>> No.29635201

>>29635176
you'll be paying it by losing out tomorrow lol

>> No.29635273

>>29635197
Don't your assets get frozen while they're being transferred from one broker to another?

>> No.29635279
File: 8 KB, 251x205, 1320802581169s.jpg [View same] [iqdb] [saucenao] [google]
29635279

>>29635111
sweet digits

>> No.29635293
File: 1.72 MB, 1280x1380, 54FF64C2-B82B-40A5-940A-A22707E02C02.png [View same] [iqdb] [saucenao] [google]
29635293

>>29635197
Anon all the other brokers are shit though too, thats why the majority of my funds are in crypto. Etrade is shit, Webull is chinese shit, I havent tried others but at this point I’m content. I do all my DD and use other sites for charts.

>> No.29635306

>>29634944
>>29634998
>>29635111
>These stock-based halts are initiated by the specific stock exchange where the stock is listed or by the Securities and Exchange Commission, not by Robinhood.
It's literally in bold you illiterate fucks

>> No.29635332

>>29634867
No retard.

This is normal wall street fuckery and has been around for a lot longer than you have.

Stop using rh already and educate yourself. Your new is showing.

>> No.29635346

>>29635293
Fidelity is a solid boomer broker

>> No.29635481

>>29635346
i have fidelity opened but most of my shit in etrade. should i transfer it? i was kind of thinking it since fidelity bought all those shares of gme recently.

>> No.29635551

>>29635273
you can open an account, put money in it, and trade right out the gate with fidelity or TD ameritrade. you don't need to transfer everything right away, you can just trade with your new account. TD may limit your options if you're too smart or too dumb. TD will limit your margin heavily. Fidelity is boomer UI but it'll buy you a dinner before fucking you whereas shit like Robinhood won't even look in the eye while balls deep.

>> No.29635582

This is my make or break. I'm buying in late with $1k at market open and if I don't see a 3x on that then I'm done with this shit.

>> No.29635598

>>29635481
They didn't buy them recently; they just transferred pre-owned shares to a different subsidiary. And yeah, sure. I don't know much about Etrade but Fidelity is rock solid.

>> No.29635673

>>29635582
that's a bad choice but I stand behind your resolve. one or two hours past open to get in on a bigger dip is wiser however.

>> No.29635685

>>29635582
Oh and just to be clear I can easily afford it, but I've been down a constant 8-10% on everything else since I started and I'm over it. Green or back to knowing I'll be wagecucking for the rest of my life.

>> No.29635788

>>29635673
Is it? I would have thought there's a big chance a huge number of retards are going to instantly FOMO since they've had a whole day to think about it, and all the current bag holders know it's going higher than market open. I don't see any reason why it would drop straight away.

>> No.29635889

>>29635788
i'm no expert but i honestly wouldn't try to time it. i at least saw other anons talking about how it's unprecedented for a stock to rise like this in after hours. i wouldn't be surprised if there wasn't a morning dip

>> No.29635961

>>29635582
better off with amc as it's still early for that run

>> No.29635967

>>29635788
it always did previously, check it yourself. the jan and dec run ups always had consistent dips after an opening high before closing at an ultimately higher price.

>>29635889
however this is also true. the regular may just not happen because this is such an extroadinary circumstance. you'll just have to trust your own judgement.

>> No.29636155

>>29635889
>>29635967
Hmm.
How about $500 at open and $500 ready to use depending on which way it goes?
>>29635961
Probably a better idea but I'm set on this this time

>> No.29636172

Wtf I found a really long hair growing from my back im scared

>> No.29636198

>>29636155
that sounds like a pretty smart hedge to me, yeah.

>> No.29636214

>>29635306
So why did they say they were restricting $AMC, $BB, $BBBY, $EXPR, $GME, $KOSS, $NAKD and $NOK due to "market volatility" instead of saying that SEC initiated it?

>> No.29636257

>>29636172
I have that too it’s okay

>> No.29636321

>>29636155
a half & half for a cheeki breeki swing in? you're practically melvin at this point. you go anon.

>> No.29636404

>>29636172
>>29636257
come close to me anon and ill kiss it away :)

>> No.29636410

>>29636198
>>29636321
I just want to see green for once in my life.
Cyka blyat if not to the moon then at least to the vodka comrades.

>> No.29636468

>>29621363
>stock pnded by a fucking chatroom

nigger are you retarded?

>> No.29636516
File: 561 KB, 1222x536, file.png [View same] [iqdb] [saucenao] [google]
29636516

>>29620910
basically they never backed off from the short and it's still at over 100%, they're just hiding it now, this and Deutzche bank is buying in, keep in mind Norwegian bank bought in during the first squeeze, it's literally the "it goes up as much as it wants and they have to buy in regardless of price, so it could theoretically be infinite" everyone was going on about but we thought they magically got the shorts to 50%, but they didn't they just fooled us into thinking they did

>> No.29636575

>>29636516
i have a question. they're hiding it. but if they do this do they mitigate the actual pressure they have from having to pay interest, etc.?

>> No.29636634

>>29636516
Nobody listened to the anon who told us that they calculated their shorts as synthetic longs.

>> No.29636639

>>29623188
Adolf Hitler, my fuhrer!

>> No.29636667

>>29636634
more like synthetic dongs

>> No.29636765

>>29636575
the more you obfuscate the truth the easier it is to buy yourself time/buy favors/influence, whatever they're doing to prop themselves up it's bordering on actual illegal at this point I wager, keep your on eyes like a hawk on these guys

>> No.29636897

>>29624296
lmao what. People posted screenshots and there were live lvl2 feeds showing batches of 100 shares being sold over and over by algos to drive price down when retail was prohibited from buying.

>> No.29637028
File: 111 KB, 1125x428, 76E39EB7-BF62-4FDE-9695-15A1C7DD9717.jpg [View same] [iqdb] [saucenao] [google]
29637028

>>29620910
They did it again.

>> No.29637079

>>29636516
>shorting ETFs
That's clever. If only they were clever enough to not short it in the first place. It's like they never read Livermoore saying how dangerous shorting a stock that shouldn't be shorted is.

>> No.29637084

>>29637028
Bassd robinhood protecting the little guys

>> No.29637218

>>29637079
typical jewish "ah we're so clever and high iq" yeah then maybe you wouldn't amass your wealth at the expense of the human race, I have a friend who keeps saying they're actually brilliant because a dumb person could never get the rich but you miss the point just looking at that outcome

>> No.29637240
File: 9 KB, 225x225, 1591737021966.jpg [View same] [iqdb] [saucenao] [google]
29637240

What is there to have stopped them from incrementally closing their positions?

>> No.29637275

>>29637028
but only robin hood?

>> No.29637333

>>29637028
>>29637084
>>29635306
It's not Robinhood retards
>>29636214
Well they actually did restrict trading for those securities on their own platform. I guess they were directed to by their clearinghouses? Either way, this isn't the same thing. Trading halts are when a stock goes up or down a lot within a certain amount of time, and—like it says—those are implemented by exchanges and not individual brokers.

>> No.29637420

>>29621363
How the fuck does a chat room pump and dump stock 100%

>> No.29637521

>>29637420
It doesn't, and keep in mind GME isn't some random fucking penny stock; it's a Fortune 500 company. That guy's probably either a shill or a retard, perhaps both.

>> No.29637600

>>29637521
>it's a Fortune 500 company
Holy shit how have I never noticed this lmao

>> No.29637666

>>29637333
Yes Robinhood restricted them, nothing to do with SEC


The Esports Observer

SEC Looking Into Recent Market Volatility, Trade Halts Related to GameStop and Other Stocks
byJames Fudge January 29, 2021 Reading Time: 2min read
SEC Looking Into Recent Market Volatility, Trade Halts Related to GameStop and Other Stocks
Credit: SEC/GameStop

The U.S. Securities & Exchange Commission (SEC) issued a statement Friday to inform the public that it is “closely monitoring” recent market volatility and the halting of trades of certain stocks by trading platforms. On Thursday, several trading platforms, including Robinhood, Webull, Public.com, and many others halted trades on individual stocks, including GameStop, Nokia, Blackberry, and others.

In a statement signed by Acting Chair Allison Herren Lee, Commissioner Hester M. Peirce, Commissioner Elad L. Roisman, and Commissioner Caroline A. Crenshaw, the SEC said that it is reviewing recent activities of “regulated entities” that played a part in halting trades. From the statement:

“As always, the Commission will work to protect investors, to maintain fair, orderly, and efficient markets, and to facilitate capital formation. The Commission is working closely with our regulatory partners, both across the government and at FINRA and other self-regulatory organizations, including the stock exchanges, to ensure that regulated entities uphold their obligations to protect investors and to identify and pursue potential wrongdoing. The Commission will closely review actions taken by regulated entities that may disadvantage investors or otherwise unduly inhibit their ability to trade certain securities.”

The statement goes on to note that the SEC will act to protect retail investors “when the facts demonstrate abusive or manipulative trading activity that is prohibited by the federal securities laws,” adding that it urges “market participants [to] be careful to avoid such activity.”

>> No.29637859

Ok, so what is the plan guys? Short the top? How much variation in the price should I expect? How much is reasonable leverage in this situation?

Looking that the past ride I can't find no patterns, this shit looks really dangerous...

>> No.29638083

>>29637859
basically the correct stratagem is to eat a cup of psyllium husk powder have a tremendous shit and read the signs in your feces with an on-hand psychic

>> No.29638486

>>29620910
>What if they haven't, and let's say half of the boom today was retail.
anon I have been following this situation very close and I don't think it was retail, it came completely unexpected for reddit and there was no posting of people buying, I find it unlikely