The battle over Gamestop is getting really interesting

Buggy Loop

Gold Member
And a short squeeze is a roller coaster ride.

Just like VW

Hold On GIF


And these dips? They are low volume. It only “looks” like a sell off. They’re keeping the short volume high.
 
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perkelson

Member
That's for the stock market but what about the actual Gamestop stores and employees. Is all this drama good for them or the business might still go under? It would be great if Gamestop is still alive with the new consoles out. Gaming is bigger than ever.

Yes. Gamestop can sell it shares gradually if they play smart and get out of the debt. Long time future is uncertain though. There is simply no future for physical game stores
 

Andodalf

Banned
Yes. Gamestop can sell it shares gradually if they play smart and get out of the debt. Long time future is uncertain though. There is simply no future for physical game stores

Which makes it very coinvent that their online sales are up 250% and that they have made moves to diversify their retail offerings.
 

longdi

Banned
Was still 139.58% last night, 71.79M shares are shorted. No, they’re not gone, they’re trying to shake off paper hands and use fear. They’re holding their bet.

Tomorow, if GME ends the day above 200$, 20 million calls are ITM.

Just fucking hold, file a SEC complaint if your broker is a slimy piece of shit and buckle up.

insert “this is my opinion and in no way financial advice “



126 now, hedged funds buddies have succeeded!

so what should those hodlers do tomorrow?
set their sell price between $500-1000?
 

LordOfChaos

Member
In disbelief how dirty the system is. You know shit's bad when these two agree.




PSA: If there's no buyers, what do you think happens to your sells. This is a manufactured price drop because Robinhood's hedge fund buddies are the ones buying their volume. Still ahead of closing above 115 Friday, but they tried to ensure some calls don't close ITM.

Complain to the SEC and Finra, one star Robinhood (and remember they can reset ratings after app updates, so keep at it)
 
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longdi

Banned
Citadel pretty much owns Melvin funds and Robinhood.
Didnt see that coming.

If we cant buy in gme now, how to get that explosion? I need that!
 

Guileless

Temp Banned for Remedial Purposes
I just want to preserve my ability to buy physical copies of low print run JRPGs in the small suburb i live in. All economic decisions should be based on that.
 

Andodalf

Banned
Guys, webull is back. Look at the volume of buy at 9am @ 280$. Look at that peak compared to the rest of the volume for the day. It's a fucking gigantic difference.

Worldwide peoples are jumping in from their brokers, even if american brokers shit the bed.

This is in the bag i believe.
Everyone in the world wants a piece of the Shorts money.
 

Blond

Banned
I regret going all digital for one reason and that’s because I would buy some physical games knowing they’re ending hedge funds in real time.
 

LordOfChaos

Member
Guys, webull is back. Look at the volume of buy at 9am @ 280$. Look at that peak compared to the rest of the volume for the day. It's a fucking gigantic difference.

Worldwide peoples are jumping in from their brokers, even if american brokers shit the bed.

This is in the bag i believe.

I've been able to trade on Wealthsimple Trade in Canada this whole time. They just put a message to use limit buy and sells because of the volatility, which is pretty reasonable.

I think the international community is really rolling in even if Americans are being limited from buying
 
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Guys, webull is back. Look at the volume of buy at 9am @ 280$. Look at that peak compared to the rest of the volume for the day. It's a fucking gigantic difference.

Worldwide peoples are jumping in from their brokers, even if american brokers shit the bed.

This is in the bag i believe.
Was trading from New Zealand. They just shut me down this morning. "Volatility". My risk to take arseholes.
 

AgentP

Thinks mods influence posters politics. Promoted to QAnon Editor.
Dumb question, how does limiting trading via apps make the price drop? Don't folks have to sell for that to happen? Did a lot of Reddit guys dump their stocks?
 

Andodalf

Banned
Dumb question, how does limiting trading via apps make the price drop? Don't folks have to sell for that to happen? Did a lot of Reddit guys dump their stocks?

People sold when the most used brokerages for small investors banned buying.
 

LordOfChaos

Member
Dumb question, how does limiting trading via apps make the price drop? Don't folks have to sell for that to happen? Did a lot of Reddit guys dump their stocks?

There's a balance between buys and sells that goes on that determines market price. If more people are buying than selling, the price is generally rising.

If you take all the buyers out of the equation, even if most people are trying to hold, all you have left is the sellers, and that's how you manufacture a price drop.

And it worked. For about half a day. I'm so proud of everyone that held the line through this bullshit, and now both the left and right are calling foul on Robinhood


Also the good thing about today is that we already knocked out the 420 sell wall
 
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AV

We ain't outta here in ten minutes, we won't need no rocket to fly through space
And it worked. For about half a day. I'm so proud of everyone that held the line through this bullshit, and now both the left and right are calling foul on Robinhood

We're at the point where Ted Cruz is retweeting AOC in full agreement.

Even if this squeeze doesn't go as we hope it will, this is the start of something huge and we'll be hearing about the ongoing effects of this for a long time.
 

Buggy Loop

Gold Member
From WSB :

"MOST IMPORTANT THING YOU WILL READ ALL DAY: $AMC/NOK/BB/GME/NAKD🚨 It’s unlikely anyone here is selling. This is a short ladder. It only looks like the stock is selling off, ini reality, it’s not. Hedge funds sell back and forth with one another at lower and lower bids in rapid succession, tricking algorithms into thinking there is a mass sell off when there actually isn’t. (They do this to scare off retail investors to engineer a sell off).

Once the attack is over, the stock will normally go back up due to its demand. Then they will rinse and repeat their attack, each time hoping to chip away more and more retail investors. Most people in here know this, so if retail investors are selling, it’s unlikely that it’s anyone at all."

And that's absolutely right. Look at the stock drop, but look at how little volume there is. They're using all the dirty tactics. Just fucking hold, they are only tricking the algorithms and setting off sell off limits if you put one too high.

JUST.HOLD (again, not financial advice blah blah blah)
 

Buggy Loop

Gold Member
We're at the point where Ted Cruz is retweeting AOC in full agreement.

Even if this squeeze doesn't go as we hope it will, this is the start of something huge and we'll be hearing about the ongoing effects of this for a long time.

I'm just glad to be part of history right now. Whatever happens.

When Donald Trump Jr and AOC agrees on something, you know there's something special here.
 
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