/biz/ - Business & Finance

[Anonymous No.26503855]

Bros...

[Anonymous No.26503873]

i cant wait for the doompa and then they all suicide

[Anonymous No.26503883]

>>26503855
biz in the corner seething

[Anonymous No.26503886]

>>26503855
I hate this fucking board. I can't believe I'm missing out

[Anonymous No.26503914]

>>26503886
If you went on SMG they literally said about this. But you only care about shitcoins.

[Anonymous No.26503924]

>>26503886
but sir you have rubilk, we do many moon soon more than dis

[Anonymous No.26503997]

>>26503883
look at rubic now fucko

x1.6 - lel, try x20

[Anonymous No.26504027]

>buying fucking pubic while GME had been obvious since 20 fucking 19

[Anonymous No.26504110]

>>26503924
stuf nigger

[Anonymous No.26504121]

>>26503997
ahahahahahahahahahahahahahaha JOOOOOT

[Anonymous No.26504129]

>>26504110
but ye rite niguh

[Anonymous No.26504135]

>>26503855
IMPOSSIBIRUUUUUUUUUUU

[Anonymous No.26504140]

>>26503997
Gamestop is up from ~4usd

[Anonymous No.26504152]

>>26503886
Ive been shilling GME for fucking WEEKS. you're loss, faggot

[Anonymous No.26504174]

but my futurinos noooooooo

[Anonymous No.26504206]

>>26503883
/smg/ found it first, literally why are redditors on this board trying to push the meme that reddit is ever early on anything.

[Anonymous No.26504236]

SIRS BUY PUBIC SIRS 20x SIRS VERY GOOD YES PLEASE DO THE NEEDFUL SIRS

[Anonymous No.26504744]

Why the hell is gamestop recovering? Aren't they obsolete with new gen consoles pushing digital only sales?

[Anonymous No.26505684]

>>26504744
>recovering
It's at an all time high lol

[Anonymous No.26505701]

>>26505684
But why? There were almost bankrupt during coronavirus.

[Anonymous No.26505761]

>>26505701
SHORT SQUEEZE

[Anonymous No.26505805]

>>26505701
Someone might go in depth but it's a short squeeze pump n dump using a new investor who made some amazing dog food website as cover

[Anonymous No.26505823]

>>26505761
So it's a massive scale pump and dump organized by reddit? That's actually pretty impressive. But they'll get fucked. Citron can just borrow enough money to hold the short open for longer than they can stay cohesive. And once the price starts dropping they'll just all back out because they'll be afraid to lose money.

[Anonymous No.26505848]

>>26505701
To fuck over the hedge funds who betted against gamers

[Anonymous No.26505877]

>>26503855
I prefer gambling.

[Anonymous No.26505879]

>>26505848
Gamestop dying would be beneficial to gamers though. They're cancer.

[Anonymous No.26505904]

>>26505877
>>>LOCK (Meridian)

[Anonymous No.26505916]

>>26503855
Damn I sold on Friday. /biz/ said nothing about a double squeeze

[Anonymous No.26505953]

Jim Cramer seems super stressed out over it.

[Anonymous No.26506013]

>>26505879
Yeah but they are OUR cancer. You wouldn't understand since you aren't a gamer, but only we can shit on things are are in our realm, once someone else does its fucking war.

[Anonymous No.26506042]

>>26504206
>tfw the coomercat will never be noticed by mainstream media
>only plebbits shit-tier memes

[Anonymous No.26506089]

>>26503873
there is no dump. GME isn't rising on a pump and dump, it's rising on a short squeeze and a gamma squeeze. hedge funds who shorted GME are the unironic version of "price hits x and the shotgun goes off" meme on a massive scale right now.

first there is the market makers, who sell call options. every single call option on GME expired in the money last week, which meant market makers had to buy a huge amount of shares to cover the calls they sold. they issued new options today and when gamestop crossed 115 every new option was already in the money because 115 was the highest strike based on 2x last closing. but that's just a small part of the squeeze.

the big squeeze is the hedge funds that are short game stop. right now they're literally being held hostage by gamestop shareholders. some of them have probably already been effectively blown up. melvin capital has a big short position and only has $7 billion assets under management.

there's not going to be anything like a "GME bagholder" right now current holders have the hedge funds, their parent companies, and then eventually the investment banks which act as prime brokers for those companies under hostage. they decide the price they have to pay to get out from the squeeze.

theoretically gamestop could reach a $1 trillion market cap end of week if shareholders refuse to sell. small funds which had a short position like melvin are probably already effectively blown up if they didn't close out their short position, their liability will pass on to their parent company. if the parent company blows up now their bank has a problem. if GME holders refuse to sell, the bank could theoretically get liquidated as well. i don't even know what happens after that. it's an unprecedented event.

[Anonymous No.26506150]

>>26505848
gaymers rise up

[Anonymous No.26506164]

>>26506089
Can't they just shut it down because it's so absurd?

[Anonymous No.26506189]

>>26506042
? isn't this a good thing?
why would you want 4chan to be noticed by anyone in mainstream media?

[Anonymous No.26506230]

>>26506089
Bow to your new king.

[Anonymous No.26506248]

>>26506089
I'm willing to put $600 in since I'm getting that back from the gov. Do you thnk this is bad choice?
where can I put limit order? should I put sell order too?
please help a retard out thank you

[Anonymous No.26506259]

Why all this stock stuff have different terminology then crypto? I read explanation of what is going on and it's moon language

[Anonymous No.26506290]

>>26506089
tl;dr

put it into a paragraph or less or a wojak meme or fuck off. not your personal blog fag.

[Anonymous No.26506308]

>>26505823
>Be hedgefund manager
>Call buddy from the synagogue
>Ask him to write you sixty gorillion short contracts for GME
>"lol that's more shorts than they have shares"
>"lol do it anyways"
>Stock is now 2x shorted and you can use this to pad your balance sheet with financial wizardry as long as it doesn't go up
>It goes up
This is technically extremely illegal but the SEC would never investigate a fellow kike

[Anonymous No.26506311]

the reason this is not a pump and dump is because of the short interest. the short sellers HAVE to buy. they already made that obligation. they agreed to take on the risk of becoming a bagholder if the price rose. it did, it rose insanely high, and now they're fucked and gme shareholders know it and are refusing to sell to them.

>>26506164
it could eventually reach that point but the only real "shut it down" follows the chain of hedge fund gets liquidated -> parent company also gets liquidated -> investment bank acting as a prime broker with a 1 trillion market cap also gets liquidated -> government bails out the bank because of the too big to fail meme

meme traders found a way to use the jew's ultimate weapon, the contract, against them. what other mechanism of "shut it down" is there? congress would have to pass legislation saying short sellers don't have to honor their contracts which would crash the entire global economy. over a fucking video game store lmao. this is the unironic end result of gamergate.

[Anonymous No.26506332]

>>26506230
Copy that

[Anonymous No.26506334]

>>26503855
Holy shit

[Anonymous No.26506359]

rofl, so many fake “experts” who go for these shit pools

[Anonymous No.26506367]

>>26506311
What sort of national financial implications are involved if this thing keeps mooning? Could this cause some sort of consequences a la 2008 banking collapse?

[Anonymous No.26506417]

>>26506311
>I will do what I call a "Pro Gamer Move"

[Anonymous No.26506432]

I will kill all your family and gf if you still try to tell about this fucking shit coin

[Anonymous No.26506465]

>>26506089
>i don't even know what happens after that. it's an unprecedented event.

GAMERS

RISE UP

[Anonymous No.26506474]

>>26506367
>Economic ruin
>Because of gamestop

[Anonymous No.26506482]

>>26506367
Bank of America is allegedly short

[Anonymous No.26506492]

>>26506248
just buy shares, it's riskless

[Anonymous No.26506497]

>>26503855
gamers rose up

[Anonymous No.26506501]

>>26506311
But how do you fags know when the shorts have been squeezed out?

[Anonymous No.26506510]

>>26506013
Go back

[Anonymous No.26506550]

>>26506311
>congress would have to pass legislation
Heh, about congress....

[Anonymous No.26506631]

>>26506550
>Congress burned down by GME coomers

[Anonymous No.26506681]

>>26506367
>Could this cause some sort of consequences a la 2008 banking collapse?
theoretically yes. it reaches that point when the banks acting as the prime brokers for the hedge funds with short positions literally cannot cover the position.

because of the 2008 crash counterparty risk is usually spread out across multiple banks all acting as prime brokers for the same fund. but even then they can still fail. its theoretically possible for the GME squeeze to liquidate every single bank who took on risk for these hedge funds.

it is unlikely to reach that point because eventually the temptation to take profits and sell will be very strong, but it is theoretically possible.

it's like the most extreme, retarded, and awesome example of the prisoner's dilemma. imagine someone, we'll call them Mr. X, and 3 other people kidnap a billionaire. each take turns guarding him. Mr. X is the first to guard him, and the billionaire offers him $10k to let him go. he says no. then the next guard, the billionaire offers him $100k to go. that guy says no. and it keeps going on like that, each time the offer gets higher.

now, under a game theory optimal strategy, the ideal strategy for the hostage takers is to cooperate and refuse to let the billionaire go until he eventually offers everything he can. but the temptation for each guard who receives a new offer rises higher and higher, so the probability they let him go also rises.

however, introduce new wrinkles. say the billionaire also has a trillionaire father. the hostage takers know that after so many offers from the billionaire, the father will start offering $10 billion, $50 billion, $100 billion to each guard to let his son go.

then suppose the trillionaire is extremely important to his country's government. at this point, who the fuck knows where it could even go.

[Anonymous No.26506707]

inb4 other bank buys a ton of shares and sells them to the hedge funds for cheap

[Anonymous No.26506775]

>>26506707
thats the squeeze though, if nobody sells, they can't buy them from anyone.

[Anonymous No.26506818]

Are you guys buying options or what? I'm currently opening an account on Interactive Brokers so I could buy some option calls. Will throw in $1000 of play money. Wish I could just use Robinhood, but I'm in Europe.

[Anonymous No.26506824]

>>26506775
zey vill sell

[Anonymous No.26506869]

>>26506681
Thank you for the detailed response, anon. You are a real one, and we appreciate you.

[Anonymous No.26506934]

>>26506775
Are you telling me institutional money is straight going to hold all the way to $0? I know they're not perfect but there's no way they're this fucking reckless right?

[Anonymous No.26506936]

>>26506824
probably. there's one retard on reddit who bought $50k of gamestop at the absolute low on a mix of stocks and options and at one point his position was worth over $20 million today. it is likely for people like that that they will sell. but theoretically they might not. it's extremely rare to turn $50k into $20 million on one gamble. it's also extremely rare to have enormous investment banks, market makers, hedge funds, and potentially the US government in a position where you're now calling the shot and can decide how much they bleed.

[Anonymous No.26506946]

Reddit is actually fucking based for once while we have to deal with streetshitters shilling RBC all fucking day. FUCK jannies and FUCK mods.

[Anonymous No.26506956]

>>26503855
>I sold at $20

[Anonymous No.26507066]

>>26506934
they already were that reckless, anon. they can only buy if people sell. the short interest is something like 140% of the total available shares of gamestop because the short sellers did insanely reckless shit like naked short selling. if people holding gamestop don't sell their only option is to be liquidated.

[Anonymous No.26507233]

>>26506936
That guy wasn’t a retard, he did some massive DD then put it all on the line. Some luck, adamantium hands, but he didn’t just ape 50k on deep OTM GME calls for the lulz.

[Anonymous No.26507251]

>>26504206
Fuck off fag. Even if true the users of 4chan(nel) can't produce even a fraction of the cash plebbiters do. Not that anyone on here could intelligently explain why GME was such a solid option. We all got rich because of wallstreetbets, not /biz/.
>>26506089
I'll sell once it hits 100 and I assume most others will too. I don't care I got in at 12. Let the bagholders fight the moral battle I just wanted to get rich quick and a nearly 900% return will help me sleep better at night than participating in some larp battle against hedge funds who won't even remember GME exists in 2 years.

[Anonymous No.26507296]

>>26506946

RBC is a slavnigger coin and the shillers are slavniggers

[Anonymous No.26507311]

>>26506946
wsb isn't the usual reddit crowd other than the fact that they're still circle jerking faggots

[Anonymous No.26507336]

>>26507296
What's the fucking difference? Flags get rid of both

[Anonymous No.26507411]

>>26507251
I assume most people are going to take the same position as you, but they might not. that's why this is all theoretical. its worth noting that Michael Burry owns like 5% of the current stock in gamestop, and Burry was also the first to take the right side of the bet during the housing crash bubble. so this would be the second time in his life that he has the banks bent over the table. since he already profited an insane amount the last time, he could just decide he's going to drive the cock all the way up their ass this time. if enough people join him, who knows how this could end up. it's far from outside the realm of possibility that gamestop ends up being the most valuable company on the planet by end of week by market cap.

[Anonymous No.26507622]

>>26507251
>participating in some larp battle against hedge funds who won't even remember GME exists in 2 years
worth noting some of these funds wont even exist in 2 weeks when they get margin called and can't post collateral and they get liquidated

[Anonymous No.26507941]

So buy market open, put in immediate limit sell at 2x, profit?

[Anonymous No.26508023]

>>26506089
>The Great Depression 2 is caused by a fucking retail video game store being bought up by autists and retards
absolute clown world

[Anonymous No.26508077]

>>26508023
Impossible to have another Great Depression with the money printer going brrrrrr.

[Anonymous No.26508209]

>>26508077
but money printer will go broke!

[Anonymous No.26508322]

>>26506089
Gamergate gets revenge and BTFOs financial market causing 2008 2.0
Plebbit may be temporary redeemed

[Anonymous No.26508332]

>>26504152
Nigga GME has been an /smg/ meme since fucking September when it was $6.50. I've never made so much fucking money. And all off MOTHERFUCKING GAMESTOP.

[Anonymous No.26508387]

Won't work. Redditors will dump post onions feeding.

[Anonymous No.26508406]

>>26506089
>which meant market makers had to buy a huge amount of shares to cover the calls they sold
wait... they can sell options without actually owning the stock? i thought you had to own a share to sell an option on it

[Anonymous No.26508501]

>>26508406
you can sell naked calls
it is not as retarded as naked short selling but if the stock goes up a lot it still ends up being pretty fucking retarded

[Anonymous No.26508514]

so whats gamestop gonna do with all the money?
floors of gold? caviar during purchases?
whats the fucking point? they're a retail company.

[Anonymous No.26508566]

What if this unironically leads to mass adoption on bitcoin?

[Anonymous No.26508578]

>>26508077
depression can be inflationary

[Anonymous No.26508603]

>>26508566
now THIS is pod racing

[Anonymous No.26508612]

the trading is going to be stopped
GME is going to get delisted
and this is going to be settled in court over 20 years
this is not crypto, this is not a smart contract, (((these people))) will not let a bunch of reddit autists get away with what they are doing, they have ways to do so OUT of the system they created

[Anonymous No.26508630]

>>26508514
in 2021 you now live in the united republic of gamestop after your government had to bail out the investment banks and deposit the treasury into the bank accounts of gamestop shareholders

[Anonymous No.26508641]

>>26508566
bitcoin?

[Anonymous No.26508661]

You niggas are missing an opportunity , big shareholders have a say in the companies thet share own, you should all make it so gamestop takes crypto as payment options to push for crypto adoption a d 10x your gains trough shit coin pump

[Anonymous No.26508674]

>>26508077
M2V is dropping
nobody is borrowing

[Anonymous No.26508683]

>>26508630
also michael burry is the de facto ruler of earth and gives every gamestop powerup rewards member a state issued gf

[Anonymous No.26508693]

>>26508501
so they are effectively printing money out of thin air, how did the system get this fucking stupid...

[Anonymous No.26508786]

People knew this was going to happen almost a year ago when the big short guy talked about it of course I didn't do anything about it because it didn't make any sense

[Anonymous No.26508793]

>>26508693
they aren't printing money, they're signing contracts with theoretically infinite downside.

[Anonymous No.26508795]

>>26507311
they're absolutely the usual reddit crowd. you can taste it in the way they speak, their desire to be seen as edgy yet always carefully avoiding saying anything actually controversial by center-left-mainstream standards

[Anonymous No.26508861]

>>26508786
when burry shorted the housing market nobody else did it at the time because it didn't make sense either.

that's what being a hyper-autistic hyper-genius is like. nobody ever understands what you're doing because it's so brilliant it appears to be completely retarded.

[Anonymous No.26508900]

>>26506956
buy again

[Anonymous No.26508998]

>>26508077
the height of retarded comments. I think I will print this one out and frame it.

[Anonymous No.26509083]

> uniswap shitcoin moon sers tier returns except there's a flock of jews losing their asses


Lmaooo

[Anonymous No.26509084]

>>26503855
https://vimeo.com/503979538

[Anonymous No.26509202]

>>26508998
I'm honored, although I don't think anybody in this thread understands what the Great Depression actually was and why it was so historically significant and why such a scenario couldn't possibly happen today. The closest you can get on pure fiat money printing is the 2008 GFC and stagnancy in the broader economy, the best/worst you can get is zimbabwe style hyper-inflation.

[Anonymous No.26509211]

>>26508578
Lol inflation when the average Joe is so fucking broke? Why do you think they’re even doing stimulus checks? It’s to avoid DEFLATION because everyone is hurting. Inflation is nothing compared to the loss of value of the $ if people stopped spending in a consumer service economy.

[Anonymous No.26509306]

>>26506089
Yeah, I'm thinking Reddit is based.

[Anonymous No.26509327]

>>26509211
You can have an inflationary depression is all I was saying. Dont know where this autistic rant came from.

[42 No.26509406]

>>26507251
>the users of 4chan(nel) can't produce even a fraction of the cash plebbiters do
you have to ask permission to make it rich in the stock market
they'll halt trading again for GME today

[Anonymous No.26509417]

>>26509211
Inflation is already showing up on products with unexpectedly limited supply. GPUs, game consoles, and ammo are all basically unavailable at MSRP and the best you can do is pay a scalper way more than normal to get one/some. Basically nobody is using their free govbux to buy food or clothing for they chillins.

[42 No.26509489]

>>26508795
>their desire to be seen as edgy yet always carefully avoiding saying anything actually controversial by center-left-mainstream standards
reddit went down the tubes aftet MIT pedophiles murdered Aaron

[Anonymous No.26509519]

>>26509327
>You can have an inflationary depression
Isn't the closest we've ever seen to that the stagflation of the 70s? My understanding of inflation is that it's like a pressure vessel exploding. You just keep adding more and more fiat to the system until it crashes out of those bank accounts and into the market and suddenly all real property is seeing price increases of 100% or more every day, immediately spiraling out of control.

[Anonymous No.26509533]

>>26509406
Trading gets halted automatically, retard.

[Anonymous No.26509795]

>>26508795
Didn't used to be like that (for the most part), but it's impossible to avoid this phenomenon when they now have 2 million members.

Still better than /biz/ imo...

[Anonymous No.26509872]

the jews are going to sue and are going to claim in court GME shareholders colluded or whatever
Do you think these people got that rich playing by the rules? This is not a smart contract, this is real life and people with power dont play by the rules. If you are still holding id take profits right now

[Anonymous No.26509925]

>>26509872
>t.

[Anonymous No.26510182]

>>26506946
fuck you RBC is based you'll see!

[Anonymous No.26510399]

>>26506946
it builds character having to endure it

[Anonymous No.26510595]

>>26508406
Options are settled with cash. Its all arbitrary. Owning the underlying stock merely reduces your exposure, its not necessary.

[Anonymous No.26510710]

>>26506308
I was gonna say this seems illegal, and I’m a dumbass when it comes to this stuff and I can see that

[Anonymous No.26510725]

>>26506311
>this is the unironic end result of gamergate.
hahahahahahah

[Anonymous No.26510729]

>>26509872
Melvin Capital (Gabriel Plotkin) has connections with the SEC, he's friends with numerous high ranking people within the SEC, and although this isn't immediately verifiable (I couldn't find proof of this, only know about it because of word of mouth from a friend working at a different firm, so essentially a rumour), there is this [1], where the guy wasn't indicted/charged or anything, despite profiting, whilst someone else got fucked.

So, there is a 100% chance this issue has escalated to the SEC, since Melvin Cap has shown losses (that are now probably way in excess) of 15%. What the SEC does, however, is not known, and they probably will just reiterate some rules unless the problem escalates and then they'll respond with a proportional measure, such as framing WSB for something, like collusion and trying to get it shut down.

[1] - https://www.investmentnews.com/senior-manager-at-sac-capital-indicted-for-fraud-50572

[Anonymous No.26510843]

>>26504152
>>26508332
How the fuck did you guys know? Whats the story here?
Short squeeze? How do you know how high a short squeeze will go?

[Anonymous No.26510892]

>>26503855
Wow a stock that is up 30x from its low in april 2020 on a board we have multiple 100x ! This sure looks like a good deal OP

[Anonymous No.26510923]

>>26503855
FUCKING GAMESTOP

[Anonymous No.26511170]

>>26508612
And all the plebs will agree, simply out of envy

[42 No.26511196]

>>26509533

[Anonymous No.26511202]

>>26508661
unironically this.

[42 No.26511293]

>>26508612
>(((these people))) will not let a bunch of reddit autists get away with what they are doing, they have ways to do so OUT of the system they created
they're already crying about robinhood and crypto
they absolutely hate it when normies have the means to enrich themselves

[42 No.26511366]

>>26508793
>they're signing contracts with theoretically infinite downside.

[Anonymous No.26511573]

$102 and rising!!! fuck yeh

[Anonymous No.26511672]

>>26511293
The main player in trying to keep this craze going is Citadel, because they profit a fuck ton from this volatility, probably the only reason why a lot of regulatory things haven't been expedited.

[Anonymous No.26511831]

I just bought 5k worth of shares, I hope yall don't scam me, I just wanna make it

[Anonymous No.26511834]

>>26511293
at the time, books were written only by people who could write, who were the intellectual elite

now, everyone can post shit on the internet, so doing your own research will NOT expose you to the intellectual elite only

[42 No.26511870]

>>26511672
it sounds so pathetic
you practically have to ask them permission to get rich in traditional markets

[42 No.26511911]

>>26511834
a lot of people today are surprisingly illiterate

[Anonymous No.26511977]

>>26506089
Literally the only mention of gamma in this entire thread

Take that as a sign that this board is literally the dumbest investment forum you can find on the Internet.

[42 No.26511984]

good luck bros
squeeze their shorts and make huge gains
this whole gamestop fiasco is a lot of fun to watch from the sidelines
going to stick to my crypto trading though
I can't stomach counter party risk in traditional markets after being in crypto

[Anonymous No.26512030]

i am aping into GME solely to fuck the institutions
fuck the boomers

[Anonymous No.26512041]

>>26506367
>reddit squeezing GME causes a bank collapse

I would love it.

[Anonymous No.26512083]

>>26511977
You can gamma my alpha balls

[Anonymous No.26512088]

i sold 40k $link to put into this, you better not be fucking with me

[Anonymous No.26512145]

>>26511911
>twitter being btfo by nigs and jeets

Based.

[Anonymous No.26512219]

This post is a good lowiq and newfag filter.

Biz is to crypto as wsb is to stonks. We don’t hate wsb or seethe at their success. We shape and craft our own destiny in our chosen market. Plenty of wealth has been accumulated here, the oldfags and the highIQs know. IYKYK

[Anonymous No.26512228]

>>26512083
what a beta comment, you tell him anon

[Anonymous No.26512292]

Do I sell? I have no idea lmao

[Anonymous No.26512325]

>>26503855
Who cares about a 5x on some shitty blockbuster meme stock, we’re investing in the future not the past

[Anonymous No.26512388]

>>26512325
This

[Anonymous No.26512458]

>>26503886
You are retarded if you've never heard the words OOOHHHHHH MYYYY FUUUCKING GAAWWWDD GME IM GONNA FUCKING
CCCCCCCCCCCCCCOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOMMMMMMMM
before.

[Anonymous No.26512523]

>>26512325
Based

[Anonymous No.26512537]

>>26503855
>before hours volume
And stock niggers try to tell me crypto is a scam. HAHAHAHAHAHAHAHAHAHSHAHAHA

[Anonymous No.26512670]

>>26512041
Gamers rise up

[Anonymous No.26512717]

I cant believe I sold all my GME before the pump. All it did was crab before!!!!!

WHY IS IT PUMPING NOW????AHHHHHHHHHHHH what is going on gamestop?

[Anonymous No.26512845]

>>26512670
>market gets fucked because of reddit
>reddit ruins everything
>democrats tell redditors this time they'll stop the banks
>redditors vote for democrats
>instead the democrats bail out the banks and ban retail from squeezing stocks

It would be peak clown.

[Anonymous No.26512882]

>>26506290
Teel Deer,
GME is causing black Thursday 2 EB

[Anonymous No.26512887]

gamers rise up!!!!!

[Anonymous No.26513048]

Reddit wins again

[Anonymous No.26513175]

>>26506311
>congress would have to pass legislation saying short sellers don't have to honor their contracts which would crash the entire global economy. over a fucking video game store lmao. this is the unironic end result of gamergate.
clownworld indeed

[Anonymous No.26513734]

>>26510843
The story is wallstreetbets on reddit.

[Anonymous No.26513750]

So what stops all the big digs who shorted the stock from just buying up the stock, holding till it settles down and then not lose their ass? They have the money to sit on the stocks, normies like us don't.
So what if the stock goes up a shit load, you just but double the amount of stocks you shorted, and you are playing both sides.
If it goes up, you win, if it goes down you win. If it goes down then you off load all your shares it goes even further down.
How the fuck can they lose?
Gamma squeeze my fucking ass. The stock shot up to 101 then it went back down to 80. That's not moon, that's getting control of the situation.

[Anonymous No.26513879]

>>26513750
If they buy the stock the price goes even higher.

[Anonymous No.26513947]

>>26513750
>Gamma squeeze my fucking ass. The stock shot up to 101 then it went back down to 80. That's not moon, that's getting control of the situation.
102% of outstanding stock being shorted is "in control" okay man.

[Anonymous No.26515006]

nothing is happening, this will fall to $60 eod. cap this

[Anonymous No.26515090]

>>26506311
Based and checked

[Anonymous No.26515596]

[Anonymous No.26516315]

>>26515006
HAHAHAHAHAHAHAHA

[Anonymous No.26516396]

>>26515006
this aged wonderfully

[Anonymous No.26516481]

>>26516315
Based. fuck market manipulators borrowing more shares than exist. Never selling my GME.

[Anonymous No.26516516]

>>26503855
what happened though? I thought gamestop was dying?

[Anonymous No.26516569]

>>26503855
yet again, reddit btfo'd 4chins

[Kotonohas' Husbando No.26516573]

>>26505701
This is why is didn't invest. I'm pissed off as fuck right now

[Anonymous No.26516677]

SKT and AMC are next squeezes , NOK is a retard play but it could also pump

[Anonymous No.26516690]

>>26516315
>>26516396
do you think the jews will let you win, cap this nigger. $60 eod, you will rope

[Anonymous No.26516708]

To think I had deep OTM calls on this months ago, fuck.

[Anonymous No.26516747]

>>26504744
Google short squeeze , look to VW for previous example

[Anonymous No.26516823]

>>26505823
Biz was calling it since like 7$ gme so it wasn’t just Reddit. There’s currently more shorts than tradeable shares and no one is selling yet. This is one for the history books

[Anonymous No.26516843]

>>26516690
oh no... oh nononnono NO NO NO AHAHAHAHAHAHAHAHA

[Anonymous No.26516872]

>>26516516
Retail investors lad.
Not enough to move a market, but enough to make bullshit like this happen.
We saw this with hertz late last year, at a time they were already bankrupt. Same with the niggerbank.
>tfw sold 1.5k shares of gme at 4.89.

[Anonymous No.26516948]

>>26506164
Yea , sec or someone will step in, this is going to be glitch levels of fuckery

[Anonymous No.26516973]

>>26515006

[Anonymous No.26517008]

>>26515006
So this is one of those brainlets you guys talk about

[Anonymous No.26517095]

>>26503855
You guys did buy at the >90 dip this morning, right?

[Anonymous No.26517154]

>>26516872
wrong. this is the line market maker jews will feed to retards at reddit and normies. this was some big hedge funds gutting another couple hedge funds, nothing else. retail just hopped on the biblical gravy train this time (mainly because it was fucking obvious this was going to happen)

[Anonymous No.26517240]

>>26510843
>>26513734
Nah dude, we were reading and sharing Prather's DD before Q2 earnings in August motherfucker

[Anonymous No.26517291]

>>26506089
What happens after that?

You don't fuck with the banks.

They will launch an investigation
They will find WSB committed fraud and track down every single person on their responsible for pumping the stock.
They will get 20 years + in prison
Then they will reset GME back to $4 and issue money back to the banks even if they have to print more


If no laws exist they will be passed in a week, they will make up laws, they will do anything to protect the banks

[Anonymous No.26517775]

>>26516843
just collapsed now, wait for all the paperhands to sell. this will crash to $60 eod

[42 No.26517904]

>>26517291
>If no laws exist they will be passed in a week, they will make up laws, they will do anything to protect the banks
they always change the rules to suit themselves at the expense of the rest of the population
2008 was the biggest scam in human history

[Anonymous No.26518064]

>dumped $200 into GameStop when it was $3~$4 each, figured it would rise during the pandemic last year
>it didn't
>take money out
>Reddit decides to meme it to $100+

I could have never worked again. Fuck Reddit. Fuck me. I will be lurking that shit site to make sure I never have to work again in my life.

[Anonymous No.26518102]

>>26517775
oh no... oh no no no no no

[Anonymous No.26518150]

>>26517904
small head small brain

[Anonymous No.26518155]

>>26517291
Yes because everyone on Plebbit is within SEC jurisdiction.

Top kek. Also, all the information is publically available, so what's illegal about it?

[Anonymous No.26518202]

>>26517904
people the size of him are the real environmental disaster

[Anonymous No.26518255]

>>26512325
>5x

Was a 10 bagger if you bought in August when I shilled it

[Anonymous No.26518357]

>>26518102
halted again at $117. more paperhanded bitches will sell. $60 eod, cap this

[Anonymous No.26518447]

>>26518357
are you mostly in crypto or something? there are far more things going on besides simple price action. if it were to crash to as low as $60 EOD the only smart thing to do would be to all in. unironically. you clearly do not know anything about this play

[Anonymous No.26518452]

>>26518357
>GME will go to $60, says increasingly nervous man for the fourth time today

[42 No.26518547]

>>26517904
>2008 was the biggest scam in human history

[Anonymous No.26518584]

>>26518064
How on earth could $7600 allow you to never work again?
If I make $7600 in a day with crypto, I don’t even notice.

[42 No.26518621]

>>26518150
>small head small brain
>>26518202
>people the size of him are the real environmental disaster
will they ever "let" millenials and zoomers make money and advance their future prospects?
or are boomers still sitting on our necks preventing us from accumulating wealth

[Anonymous No.26518847]

>>26518447
>>26518452
another halt, more dumps incoming. you niggers are fucked.

[Anonymous No.26518888]

>>26518584
must be north korea

[Anonymous No.26518981]

>>26518847
why didnt you just cover at $20?

[Anonymous No.26519002]

>>26518547
Those trends started when we let niggers in.

[Anonymous No.26519213]

>>26518847
lmao, i was right. dumped to 88 and another halt

[42 No.26519457]

>>26518847
>another halt
>>26519213
>another halt
>>26509406
>you have to ask permission to make it rich in the stock market
>they'll halt trading again for GME today
>>26509533
>Trading gets halted automatically, retard.
>>26518357
>halted again at $117

wow, with these number of halts, how can the platform be considered an "exchange" anymore?
it just looks like a boiler room money laundering operation between the exchange and hedge fund managers
this is what I mean when I say counter-party risk
>>26511984
>I can't stomach counter party risk in traditional markets after being in crypto
what's the point when these boomers can just kill your run by constantly shutting down trading

[Anonymous No.26519585]

>>26518847
>>26519213
dude I bought at $8.37 and sold at $100
why are you mad?

[Anonymous No.26519714]

>>26518847
hmmmm!

[Anonymous No.26519743]

trading resumed, it's going back up

[Anonymous No.26520061]

>>26507411
Hahahahha based on what? Did the physical media of video games suddenly increase in value and demand 1000%? What is this absolute bullshit based on?

[Anonymous No.26520291]

>>26517904
This dudes head is so small

[Anonymous No.26520319]

AAAAAAAAAAAAAAAAAAAAAAAAAAAA
MY
HOUSUUUUSEEEEEEEEEEEEE

[Anonymous No.26520542]

>>26506681
>as the prime brokers for the hedge funds with short positions literally cannot cover the position
Is there really that much leveraged money in those shorts?

[Anonymous No.26520739]

>>26507251
That’s why we buy AMC and SKT and let Reddit pump them

[Anonymous No.26520797]

>>26507941
Yeah but 5x

[Anonymous No.26520854]

wow, who told you about these alts? This is trash dude, don’t believe these assholes
if you wanna get pump use your IQ and follow yield farming
I took part in metalex and they made a new system, a guarantee of x3 apy

[Anonymous No.26520873]

>>26520061
read
the
thread
you
dumb
nigger
this has been explained to death in the last 48 hours

[Anonymous No.26520912]

>>26504110
LMFAO
but you're right, FUCK RUBIC SPAMMERS

[Anonymous No.26520933]

>>26519714
will go back down

[Anonymous No.26520983]

>>26503855
good thing i only put in a tenner and this is my first day doing this - but i cant even seem to to withdraw a healthy 2 dollar profit... hmmm.

[Anonymous No.26521041]

>>26506248
Yolo

[Anonymous No.26521338]

>>26520854
This is about stocks you fucking pajeet bot.

[Anonymous No.26521546]

>>26506818
You can't buy a single max strike FD for less than 1800

[Anonymous No.26521580]

SELL NOW OR HOLD?

[Anonymous No.26521802]

>>26521580
Hold unironically

[Anonymous No.26522609]

>>26521580
hold until cows come home

[Anonymous No.26523052]

lol i was right

[Anonymous No.26523072]

>>26521580
Sell.

[Anonymous No.26523119]

>>26521580
Sell you retarded. If you didn't have a stop limit sell at around 120 after the surge this morning you are beyond retarded.

[Anonymous No.26523167]

OH NONNONONONONO

Hahahahahahaha

[Anonymous No.26523572]

>>26523052
unironically, well done, i did not expect it to dump that hard. luckily, the game is not over, but for today i am impressed

[Anonymous No.26523916]

>>26516843
Haha you sure showed him..

[Anonymous No.26524273]

I'm holding this shit till kingdom come. We down to Friday levels now, but it'll come around.

[Anonymous No.26525069]

>>26506089
Am I winning Dad?

[Anonymous No.26525185]

>>26520873
But what caused the price to rise initially? I mean if what those posts said is correct, this could theoretically happen to any company and has nothing to do with Gamestop but is instead just a market phenomena when certain specific factors occur?

[Anonymous No.26525356]

>>26525185
That's what a short squeeze is. It's less about the economy and more about market mechanisms. I guess you could call it the metaeconomy of the stock market that's making this possible, since the shorting fucks with the supply and demand of shares. But I'm just along for the ride, I don't really know anything.

[Anonymous No.26525445]

>>26518847
>>26518357
>>26517775
>>26516690
>>26515006
I WAS RIGHT NIGGERS

[Anonymous No.26525586]

>>26525445
Already past 71 again lol

[Anonymous No.26525654]

>>26503886
t. retard not lurking /smg/

[Anonymous No.26525701]

>>26506089
>>26511977
Meanwhile you dumbfucks got rekt. Shut the fuck up and leave my board. It's over.

[Anonymous No.26525720]

Why are people buying gamestop stonks? there service is horrible lol.

[Anonymous No.26525776]

>>26506248
your best bet if you absolutely don't mind losing the $600? Buy the $150 call for jan 29

[Anonymous No.26525842]

>>26509406
stocks were never a fair game. exclusively fake and gay, except cases like GME where shit is flying off the fan blades at 10am.

[Anonymous No.26525846]

>>26525720
Because plebbitors are out en masse telling people to and retards are listening

[Anonymous No.26525852]

>>26525701
> but muh gamma
> greeks

[Anonymous No.26525881]

>>26503855
BRO!

[Anonymous No.26525933]

>>26525586
it will finish in the 60s or 70s today. all those who bought in early jan will want to cash out. these reddit niggers seriously thought it was going to hit high 3 figs. people are just way too greedy.

[Anonymous No.26525976]

>>26520542
Would also like to know. I don't think there are that many hedge funds short on fucking GME lol

[Anonymous No.26526099]

>>26525933
They REALLY thought they were all in it together against the institutions and that everyone would buy and hold for a month for an ebin gamma ultra short squeeze. Fucking cringe. Its every man for himself and people are selling. Look at that textbook bubble pattern too. They make fun of us for trading cryptos but experienced crypto traders know how this shit goes down.

[Anonymous No.26526299]

>>26526099
kek im fucking dying at these retards. they actually bought at 130s

[Anonymous No.26526604]

>>26508612
yep. if a major institutional investor gets liquidated the stock will get instantly delisted. these institutional guys do NOT fuck around, I don't think people understand how much money is at stake for some the big boys

[Anonymous No.26526620]

>he actually bought GameStop stock

[Anonymous No.26526685]

>>26506089
>theoretically gamestop could reach a $1 trillion market
What the fuck are you saying, 1 trillion yeah yeah

[Anonymous No.26526885]

>>26506089
>theoretically gamestop could reach a $1 trillion market cap end of week

[Anonymous No.26527089]

Brainlet here. What can I do to make this worse?

[Anonymous No.26527109]

>>26506936
> it's extremely rare to turn $50k into $20 million on one gamble
publishing houses should be securing this motherfucker's book rights RIGHT NOW

[Anonymous No.26527161]

>>26503914
>>26525654
>>26504152
Okay I’ve opened up robinhood and loaded up $6k, what’s the next play?

[Anonymous No.26527232]

>>26508612

[Anonymous No.26527254]

>>26527161
financial ruin

[Anonymous No.26527269]

>>26527161
you're now locked in this board for life

[42 No.26527602]

>>26527232

[Anonymous No.26527623]

where can i see what the current % short is?

[Anonymous No.26527880]

>>26527269
>>26527254
I mean investing in stocks for the first time.
I’ve been a cryptofag since ASSBLASTERs larp days.
What’s the next stock option play?

[Anonymous No.26527914]

Should I have sold BB at $26 (CAD)?

[Anonymous No.26528138]

>>26527914
it's gonna get back up there, whole market tanked today

[Mystery No.26528148]

>>26527914
BB is a longer game. It will be up more by Friday.
GME different story. Not selling at 145 will haunt these people.

[Anonymous No.26528221]

>>26527161
>asking to be spoonfed
ngmi

[Anonymous No.26528477]

>>26503855
Started buying puts on this at 80$. This shit will crash. matter of time.

[Anonymous No.26528483]

options are too expensive at this point you fucking morons

[Anonymous No.26528553]

>>26528477
I hope you had the money to buy puts closer to the money, or else you should be reading up on options delta

[Anonymous No.26528582]

>>26525356
Thanks for explaining to a noob. I'm still learning the finer points of this Jewish sorcery.