The battle over Gamestop is getting really interesting
- Thread starter LordOfChaos
- Start date
Reizo Ryuu
Gold Member
Looks like RH dropped the share limit to 1 and now 0 during the dip
Ornlu
Banned
Reizo Ryuu
Gold Member
Prolly very old footage cause noone is wearing masks, but I imagine that's exactly how everyone is acting at these hedge funds now.
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Buggy Loop
Gold Member
Looking at the dips in other big whale stocks, even AAPL or TSLA among many others, it seems like the hedge funds had to pull out to go all in GME today. Crazy idea?
For GME, if any billionaires are fed with with hedge funds and want some revenge, it's in exactly 12 minutes they have to show up and hold the line with a WALL. It's gonna be violent soon.
For GME, if any billionaires are fed with with hedge funds and want some revenge, it's in exactly 12 minutes they have to show up and hold the line with a WALL. It's gonna be violent soon.
BigBooper
Member
its prolly true
Unknown Soldier
Member
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Buggy Loop
Gold Member
Doing good so far with 20 mins left.
They broke the huge 320$ order wall, those magnificient beasts!
And this is with a dysfonctional RobTheHood !!
They broke the huge 320$ order wall, those magnificient beasts!
And this is with a dysfonctional RobTheHood !!
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LordOfChaos
Member
C'mooon, close above 300. Expecting a short ladder attack in the last 15 minutes, but Robinthahood already has buys effectively turned off again and it's not working.
If you got whale friends, call em, lol
If you got whale friends, call em, lol
Buggy Loop
Gold Member
Apparently there's a massive 320$ ITM calls for the end of the day and hedge funds will fight against that. If we finish above 320$, they're fucked, like 10 times more dildos up the ass than they were already.
TKOFromTokyo
Member
Your generation has been screwed the most IMO. I appreciate that you all Somme cry about it.
Bit_Reactor
Member
Alright I've gone ahead and taken the plunge and plan on (if it dips low enough) buying a single stock in the morning. If it wasn't for my stimulus check I wouldn't even do it but I'm well aware of the risks so I only want to do one and see what happens for the shit of it.
LordOfChaos
Member
THROWING MORE GREEN DILDOS
Why This Weekend Is So Crucial...
Ok listen up retards... I know it's Friday and some of you short-term monkey brains are thinking about bailing on your brothers. Your paper hands are beginning to cramp up. I get it. BUT WE CANNOT SELL!
There are still MASSIVE amounts of shorts on $GME. Still well over 113% of total shares floated (from S3 Partners). Some old shorts have gotten out, but many NEW shorts have taken their place in the past couple of days hoping that $GME will die out.
Here is the key part...
They are literally PRAYING for us to sell our shares and end this entire thing today. They are HOPING that they can make back their money at our expense... BECAUSE EVERY SINGLE DAY THAT THEY HOLD THEIR SHORT POSITIONS IS COSTING THEM BILLIONS OF DOLLARS COLLECTIVELY!!!
BILLIONS A DAY.
All we need to do is HOLD. That's it. We will cost them so much money today, next Monday, Tuesday, Wednesday, Thursday, and on and on. Soon enough they won't be able to pay the cost of their shorts or it just won't be worth the cost anymore and they will all eventually have to bail. THAT IS GOING TO BE THE SQUEEZE. Once the costs keep adding up, they will start to bail and the rest will follow.
WE MUST STAY STRONG. DON’T FORGET WHAT THEY HAVE DONE TO US. IT'S A GAME OF CHICKEN. WHOEVER BLINKS FIRST.. LOSES.
We're not fucking blinking.
TL/DR: HOLD. HOLD. HOLD. THIS WEEKEND INTO NEXT WEEK IS CRUCIAL!
(Not financial advice. Entertainment only)
Edit 1: STOP GIVING ME AWARDS, I AM ONLY PASSING ON THE ADVICE OF OTHERS. KEEP UPVOTING THIS FOR ALL TO SEE. TO THE MOON BRETHREN
Edit 2: PREP FOR THE SHORT LADDER ATTACK. EXPECT SOME BULLSHIT FROM THE HF’S TODAY. EXPECT IT, WE ARE MAKING THEM SWEAT.
Ok listen up retards... I know it's Friday and some of you short-term monkey brains are thinking about bailing on your brothers. Your paper hands are beginning to cramp up. I get it. BUT WE CANNOT SELL!
There are still MASSIVE amounts of shorts on $GME. Still well over 113% of total shares floated (from S3 Partners). Some old shorts have gotten out, but many NEW shorts have taken their place in the past couple of days hoping that $GME will die out.
Here is the key part...
They are literally PRAYING for us to sell our shares and end this entire thing today. They are HOPING that they can make back their money at our expense... BECAUSE EVERY SINGLE DAY THAT THEY HOLD THEIR SHORT POSITIONS IS COSTING THEM BILLIONS OF DOLLARS COLLECTIVELY!!!
BILLIONS A DAY.
All we need to do is HOLD. That's it. We will cost them so much money today, next Monday, Tuesday, Wednesday, Thursday, and on and on. Soon enough they won't be able to pay the cost of their shorts or it just won't be worth the cost anymore and they will all eventually have to bail. THAT IS GOING TO BE THE SQUEEZE. Once the costs keep adding up, they will start to bail and the rest will follow.
WE MUST STAY STRONG. DON’T FORGET WHAT THEY HAVE DONE TO US. IT'S A GAME OF CHICKEN. WHOEVER BLINKS FIRST.. LOSES.
We're not fucking blinking.
TL/DR: HOLD. HOLD. HOLD. THIS WEEKEND INTO NEXT WEEK IS CRUCIAL!
(Not financial advice. Entertainment only)
Edit 1: STOP GIVING ME AWARDS, I AM ONLY PASSING ON THE ADVICE OF OTHERS. KEEP UPVOTING THIS FOR ALL TO SEE. TO THE MOON BRETHREN
Edit 2: PREP FOR THE SHORT LADDER ATTACK. EXPECT SOME BULLSHIT FROM THE HF’S TODAY. EXPECT IT, WE ARE MAKING THEM SWEAT.
Buggy Loop
Gold Member
9 minutes, 324$
APE STRONG TOGETHER GOOOOOOOO
APE STRONG TOGETHER GOOOOOOOO
Bit_Reactor
Member
Oh I guess it's closed through the weekend? Maybe Friday was a bad time for me to nut up and decided to try it haha
Buggy Loop
Gold Member
SQUASHED THE 325$ WALL
330$ is the next stronghold!
330$ is the next stronghold!
AV
We ain't outta here in ten minutes, we won't need no rocket to fly through space
Nah dude you can enjoy your weekend without checking a line graph every 5 seconds, it's for the best
TransTrender
Gold Member
Here it comes in the last 4 min
LOLCats
Banned
yep part of the issue.... we've got this hard working and no complaints ethic burned into us...
LOLCats
Banned
days according to the retards and autists (and history and logic) lol... we'll see
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Buggy Loop
Gold Member
Ladder attack!
Personally, can't buy more haha
But i hope there's enough "Buy the dip" peoples for the remaining 3 minutes.
Bit_Reactor
Member
The Gorby Congressmanz
Banned
This is a trap and people fooled into thinking this is people fighting hedges don't get what's happening. The main target for reddit was melvin capital, that's not the type of fund you'd fight, that's some nobody that figured out how to take scraps form the game the big boys are playing.
We have hedges and billionaire hedge connected investors joining in to "help fight for the people" this should set off red flags, and the fact a lot of the media, including ones that don't care about this industry, are over covering it should also raise red flags as they are distracting people from real news.
We have already had some outlets lie about certain funds closing positions and giving up when that never happened, they are going to rig this than dumb it, get rich on the way down, they pump it back up, though to a more reasonable price, while making the barrier for entry too high to get on. Then the regulators will come just like the dot com bubble, bail anyone who is a fund or rich out, and punish retail again.
We have hedges and billionaire hedge connected investors joining in to "help fight for the people" this should set off red flags, and the fact a lot of the media, including ones that don't care about this industry, are over covering it should also raise red flags as they are distracting people from real news.
We have already had some outlets lie about certain funds closing positions and giving up when that never happened, they are going to rig this than dumb it, get rich on the way down, they pump it back up, though to a more reasonable price, while making the barrier for entry too high to get on. Then the regulators will come just like the dot com bubble, bail anyone who is a fund or rich out, and punish retail again.
Buggy Loop
Gold Member
WE WON THIS DAY
BROS!
LEGENDS
BROS!
LEGENDS
AV
We ain't outta here in ten minutes, we won't need no rocket to fly through space
Nah, far as I know it's outright closed until monday 9:30am ET
Bit_Reactor
Member
LordOfChaos
Member
Kitchen sink thrown at us this week. I'm a bit worried about what bullshit they'll think up over the weekend, but we closed above 320 ITM calls today. Should come in as another gamma squeeze next week. And will that be the final domino before the short squeeze? Nobody knows, find out next week! But we won this week, the individual investor against every bullshit scare tactic.
BigBooper
Member
There's also major institutional investors in GME too. They have an interest in driving the short sellers out. There's too many moving pieces to guess the future. One possible future is short sellers lose biggly while investors take it from them. It's not as simple as you think.
Buggy Loop
Gold Member
No, shorting principle is not the problem, shorting anywhere near 100% is, let alone 140% like they did (naked shorts, illegal)
ThatGamingDude
I am a virgin
Fuck yeah guys, keep this shit up
Teach the man a fucking lesson
Teach the man a fucking lesson
The Gorby Congressmanz
Banned
Also just something to mention since everyones has forgot about it, all the millions of calls that expire today are gong to be sold or become worthless by end of the day, those people can't hold the line as they say.
People forget about these folks, and considering the reddit board that's popular now specializes in high profits and short-term gambling the fact people have brought this up is strange.
Hate to say it but the ride ends over this weekend, they don't have enough people to get that short squeeze, the major one they want so badly. Millions of 1/29 calls are done by RIGHT NOW since it's 4:00 by the time this post submits, and since the cheapest option available had an incredible high price, they couldn't by a new option to keep going into next week.
Those who are smart would have got out, because the guys still holding who have some profit at $300 who didn't already lose money after the brokerage blocks yesterday? Them holding is their doom, they will be in the red and the stock is going to drop into the $100 range if not lower by Monday, they don't have the capital needed to keep the price this high after today, we are talking millions of 1/29 calls. All being sold or expiring worthless, those investors have no way of holding.
as of 4:10 the stock went from $328 to $298 and will go down further, why? Because the millions of 1/29 calls are gone, and no one can buy another option, look at the price of the cheapest option on your broker for GME right now, look at how much it is? It's done.
It's been fun guys.
People forget about these folks, and considering the reddit board that's popular now specializes in high profits and short-term gambling the fact people have brought this up is strange.
Hate to say it but the ride ends over this weekend, they don't have enough people to get that short squeeze, the major one they want so badly. Millions of 1/29 calls are done by RIGHT NOW since it's 4:00 by the time this post submits, and since the cheapest option available had an incredible high price, they couldn't by a new option to keep going into next week.
Those who are smart would have got out, because the guys still holding who have some profit at $300 who didn't already lose money after the brokerage blocks yesterday? Them holding is their doom, they will be in the red and the stock is going to drop into the $100 range if not lower by Monday, they don't have the capital needed to keep the price this high after today, we are talking millions of 1/29 calls. All being sold or expiring worthless, those investors have no way of holding.
as of 4:10 the stock went from $328 to $298 and will go down further, why? Because the millions of 1/29 calls are gone, and no one can buy another option, look at the price of the cheapest option on your broker for GME right now, look at how much it is? It's done.
It's been fun guys.
LordOfChaos
Member
1) Don't short more than there literally is stock
2) Only short companies you know are actually going to fail, don't fail to unwind your bet after your thesis gets proven false (a bet on a digital only 9th gen)
3) Don't piss off the internet even more if you do get caught in a bad bet
Short firms might continue to exist following all of the above. But shorting SHOULD be a risky activity, hindering a companies liquidity should run some risks, yet shorting has been a relatively safe activity until now.
Bit_Reactor
Member
That last part was my understanding from 2008 and beyond as well.
It should be punished when people short to take advantage but I'm no expert in the slightest.
To me it feels like comeuppance for people who were using companies as slot machines prior. And while "brands" aren't my friends, things don't get better so long as they're being manipulated by these assholes as well.
The Gorby Congressmanz
Banned
No, there has barely been much in the way of additional institutions joining adding to Gamestop, most were already there before the last two weeks of bumps. Those, and some of the few new ones also have hedges or short positions as well(as a hedge itself) without retail those wouldn't make any difference, and a large percentage of retail just sold or are expiring(expired) in 1/29 options.
iHaunter
Member
. ✦ ˚ * . . ✦ ,9 minutes, 324$
APE STRONG TOGETHER GOOOOOOOO
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. . . ✦ ,
, . . ˚ , . . . * ✦ . . . . 
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, * . . ✦ ˚ * . .The Gorby Congressmanz
Banned
Keep in mind that a lot of those calls expired today.
Whole AH may be deceiving going up and down do to low volume, keep in mind that all those sold or expired 1/29 calls aren't going to be there at open on monday and no one has anything to make up for them. Don't forget also many sold shares and placed stop orders as well, not everyone is committed to holding, and the 1/29 option holders couldn't hold if they wanted to.
I would like to see this actually work, and to some extend it has but it won't be working much further, they will pull off a trick on Monday to even the score now that millions are out the picture.
GhostOfTsu
Banned
So seems like all these reddit baffoons were being played with memes, emojis and shit? There's no David vs Goliath and the little people getting rich?
I wouldn't be surprised if the top players on WSB are wall street guys working for big firms. They played you good.
BigBooper
Member
When did I say new? The company's been heavily shorted a long time.
Bit_Reactor
Member
>___>
<___<
Seeing a lot of mixed signals from everyone about this haha.
That's why I'm glad I didn't give into FOMO and dive in.