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/biz/ - Business & Finance

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26639362 No.26639362 [Reply] [Original]

Dumb money is trying to recreate short squeezes in other stocks that are not GME. This will not happen

1. No other stock had shorts that exceeded the amount of share in existence

2. The stocks that are heavily shorted are going to cover their shorts quick, because they see how destructive this GME short squeeze is

You might get some baby pumps from your fellow anon, but you will not see the power of the game stop short squeeze in a very long time if not ever again, and this is just the beginning of it. It’s a work of art, I have no clue how this can possibly end without the intervention of the government

>> No.26639443

>>26639362
sometimes you just gotta throw the fresh meat into the grinder

>> No.26639458

This board has clearly been infested with hedgie shills. If this video goes viral more people will hold. Do NOT give in to the FUD and SPREAD THIS FUCKING LINK

https://streamable.com/k1fsv5 :)

>> No.26639535

>>26639458
yes short the scam that is LINK to 0

>> No.26639575

>>26639362
1. AMC does
2. True

>> No.26639911
File: 363 KB, 1242x653, 749F5254-37AE-4A08-BE9F-6DE32DD2DCB9.jpg [View same] [iqdb] [saucenao] [google]
26639911

>>26639575
Amc doesn’t according to this chart

https://www.highshortinterest.com/

>> No.26640114

>>26639362
short cover still makes number go up. it wint be 1500% sure

>> No.26640187

>>26639911
Still though, shorting AMC at 68% seems like something the autismos of the internet can take advantage of.

>> No.26640283

>>26640187
The whole point with GME is that they shorted more stock than fucking exists, stop getting memed by hedgies.
Worst cast GME will destroy the stock market and AMC and BB wont be worth jack shit.

>> No.26640299

Im about to go in on AMC tomorrow, but im still confused if its AMC or AMCX. board thinks its AMC

>> No.26640300

>>26640187
Go back to point 2 >>26639362

>> No.26640360

>>26640299
Buy GME if you aren't a complete retard.
Buy a few shares of AMC since it's cheap but don't get pulled in by meme hedgies.

>> No.26640404

>>26640283
I'm not getting memed too hard- I dumped into GME today.

It's just that AMC also looks appealing, being that it's also shorted and only ~8/share.

>>26640300
How quickly can they cover their shorts?

>> No.26640418
File: 177 KB, 888x535, 1611715082812.png [View same] [iqdb] [saucenao] [google]
26640418

>>26639362
We're fucking you on all fronts Melvin

>> No.26640450
File: 192 KB, 778x1080, KSI2019.jpg [View same] [iqdb] [saucenao] [google]
26640450

hetchfun

>> No.26640548

>>26639362
No one seems to understand that buying NOK, BB, etc is providing the liquidity to cover the short positions these hedges have taken.

>> No.26640565

>>26640404
Fuck off retarded shill

>> No.26640611

>>26639362
>reddit spacing
you type like a 13 year old manga addict dude
>>26640283
this won't destroy the market

>> No.26640615

>>26640404
Considering the short interest is lower then the available stock they could do it right away. Take a small loss compared to the potential of getting bankrupt like Melvin capital. I’m fairly certain people don’t want to risk shorting right now with the infinite downside spiral and witnessing it happen right in front of them

>> No.26640628

>>26639362
SEC will ban short interest over 100% and this loophole will be gone forever. Literally a once in a lifetime opportunity.

>> No.26640669

>>26640565
kys nigger faggot

>>26640615
I suppose that makes sense, thanks fren.

>> No.26640725

>>26640611
>this won't destroy the market
It did in 2008.

>> No.26640738

>>26639911
Hey bro scroll to the bottom of the page and see that those figures are from last week, at this point drastically outdated.

>> No.26640764

>>26640611
I find that the spacing helps people notice a thread considering how fast /biz/ has been moving today, most likely due to the fact that everyone is extremely excited to call me a Reddit faggot while bumping my thread. Honestly a win as long as anons get the info they need are stop being brainlets

>> No.26640766

>>26640738
do you have any more recent numbers?

>> No.26640786

>>26640725
Housing was worth trillions, Gamestop is worth a couple billion. Itll be fine, but nit for Melvin and his jew friends.

>> No.26640788

>>26640725
The foundation of the economy was partially built upon the housing market. I don't think you can say the same about Game Stop lol

>> No.26640882

>>26640766
nigga if you're in school (a good one) then they probably have a bloomberg sub for students, you can find up to date short interest there but that's a whole ordeal in itself

>> No.26640973

>>26640786
>>26640788
>he's not setting a limit sell on his GME shares at 1 trillion per share

kek, enjoy being poor

>> No.26641034

>>26640788
>>26640786
Same concept if this dominoes out of control.

>> No.26641080

>>26641034
Based. Lets aim for that.

>> No.26641604

>>26641034
In what way could this domino out of control? Worst case scenario, all parties eat it, barely any of this effects the market.

>> No.26641647

fuuuuuu I put 2K1.5k in it I hope this works out I’ll at least try to believe so I can finally sleep tight at night. Would make all my dreams come true. I’m trying to put 4k more on Alts but this is so fucking hard to do. My friend use new poolz finance and seems like he has sweet dreams while I try to stay alive. Does someone use it? Top or not?

>> No.26641758

>>26641604
The only way this could happen is if the shorts on gme are actual big money people like multiple 100s of billions. They would effectively have to liquidate their positions in other companies causing those assets to crash, but I don’t believe the people shorting have funds larger then 10s of billions, but who knows

>> No.26641759

>>26641604
Hedgies cant pay for the stocks so they fold, then whoever backed them folds, then it goes to the banks, if they fold the stock market crashes, if they buy the stock it fucking skyrockets to whatever we want it to be.
Either way we win.

>> No.26642046

>>26641758
We know the size of their positions, after all is said and done it's going to be tens of billions, in red. Point 76 (gay investment company), Citadel (huge market maker), and uber wealthy faggots are the stake holders in Melvin (the biggest perpetrator).
Point 76 might be fucked, but not really and this will never affect the overall market. Citadel will eat the loss, CSuite will get smaller bonus :^(. Uber wealthy stake holders will get fucked, and some will default on >50% of their debt. Broker eats these but will be fine.

>> No.26642221

>>26642046
Unless they double down :D

>> No.26642254

>>26641759
>Hedgies cant pay for the stocks so they fold, then whoever backed them folds, then it goes to the banks
No... The Melvin stakeholders will partially tank this, some will default. Melvin's broker will take this new loss (what's left after reaping Melvin guys), not the banks. It ends there because Melvin's broker can take the loss and remain solvent.

>> No.26642290

>>26642046
So enough to ruin these people, but not enough to cause a crash. Sounds good, but desu the anarchist in me would love to see it burn even though it would hurt me kek

>> No.26642321

>>26642254
Remember Melvin isn't the only hedge that shorted GME. They are the biggest shorter but not the only shorter. If a bunch of shorters also try to exit their positions today, the fun starts.

>> No.26642350

>>26642254
I read that Melvin was filing for bankruptcy next week, but that was on this board could have been larp

>> No.26642396

>>26640611
>>reddit spacing
>you type like a 13 year old manga addict dude
how pathetic is your shitty little life that you give a shit about fucking line breaks
get a job anon, one that pays more than 70k

>> No.26642466

>>26642321
And the dominoes start to fall into place.

>> No.26642671

>>26639362
pic related show is so good and this character is extremely based. his backstory hits me hard. I dont even like anime that much but i watched all of this in like 2 days and am almost done with the manga

>> No.26642831

>>26642321
Great point. Melvin is the only fund with substantial short positions though. The other funds are in trouble but inconsequential. We're talking about total economic collapse here.

>> No.26642949

THE REAL MONEY IS IN

SHORTING GME.

Think about it retards. It’s going to boom to $1k then collapse like a Jew in an oven.

So short the stock. It’s fucking genius

>> No.26642982

>>26642949
Explain to me how you are going to avoid a margin call the moment the stock reaches 1k.

>> No.26643042

>>26642982
Shhhhh let him do it.

>> No.26643138

>>26643042
I am more worried he is tricking retards into shorting GME.

>> No.26643140
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26643140

>>26642982
>short at $1k
>stock is $1k
>margin call

>> No.26643156

>>26642949
You're right but timing is key, since GME put IV is like 700% rn

>> No.26643181

>>26643140
Do you understand how shorting works? Shorting requires someone to lend you their stocks to short.
When the price is at 1000 there will be zero stocks to borrow and short.

>> No.26643238

>>26639362
BB is a safe long play though bitches

>> No.26643253

>>26643138
Better for the squeeze.

>> No.26643262

>>26643156
Puts is the smart play cause your losses are contained unlike with shorts.

>> No.26643271

>>26643181
Ok faggot so if I never short then I never get margin called.

>> No.26643284

>>26643253
We trying to kill kikes here.
Not retards.

>> No.26643311

>>26643271
Anyone trying to short GME now is pinching pennies infront of a bus.

>> No.26643324

>>26639362
The problem with your logic is you're basing it on you getting in early. The stock is over $200 now. That should be your reference point.

>> No.26643347

>>26643324
EU market opens in 1 hour.
It is about to get another pre-market shock.

>> No.26643384

>>26643311
They will soften the cushion for the fall.

>> No.26643415
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26643415

>>26643311
Good reason to wait for $1k

>> No.26643585

>>26642671
Hes based asf and I relate to a lot of his sentiments

>> No.26643866

>>26643324
We’re still early anon, gme is only worth 5 billion right now. Look what sentiment and shorting did to Tesla, legitimately a company that makes no money yet is worth 900 billion dollars

>> No.26644018

>>26642949
Possibly on the way down, but good luck timing that. You’ll more then likely find yourself in a position as bad as Melvin capital. I would not risk shorting gme anon

>> No.26644100

>>26640404
Well if you sold GME you're clearly a retard. So why should anyone listen to you?

>> No.26644195

>>26644100
I dumped money INTO gme today, nigger.

Gonna drop another 12k into it in the AM- what're you doing?

>> No.26644429

I should buy GME with a limit order around the closing price right?

>> No.26644442
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26644442

Hedgies are stop loss hunting and this is their hail mary at a panic sell off. Hold the fucking line.

>> No.26644783

Wouldn’t be surprised if these short sellers are pumping amc and other stocks to bait anons to thin themselves out