The battle over Gamestop is getting really interesting

A.Romero said:
Is there some place where the shorts can be seen or that's confidential info?
Click to expand...

Short interest? Tomorrow is the next release. Paid for (but will leak for sure)

But, it happened in the past that even that data was manipulated and SEC slapped ridiculous fees. FINRA got busted for 6 years of SI manipulation.

There's not much data to trust sadly, other than looking at the order book and the volume. And if they are doing short attack ladders, for certain they have a vested interest in shorting still, these attacks costs money.
 
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Unknown Soldier said:
Haha, that was a nice attempt at engineering a selloff at open. The simultaneous media blitz about silver isn't suspicious either. Well I have bad news for you, hedge funds. WE AIN'T FUCKING LEAVING!
Click to expand...

All the silver posts are again shockingly from accounts that look a few months old, but only started posting in the last day. Whether that's buying out accounts and deleting the history or just having a bunch of sock puppets at the ready.

I saw about a dozen news articles about reddit moving into silver all near market open.

It's so obvious it's silly, but the target I think is not us, but the several times more people who are ingesting all this reddit drama through news rather than reddit directly.
 
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LordOfChaos said:
All the silver posts are again shockingly from accounts that look a few months old, but only started posting in the last day. Whether that's buying out accounts and deleting the history or just having a bunch of sock puppets at the ready.
Click to expand...

There are probably some companies making money by creating accounts and selling them later for cases like this.
 
LordOfChaos said:
All the silver posts are again shockingly from accounts that look a few months old, but only started posting in the last day. Whether that's buying out accounts and deleting the history or just having a bunch of sock puppets at the ready.
Click to expand...

You honestly saw the same thing with AMC at first. They're trying to get people to hop on something else and spread the money thin.
 
Zefah said:
You honestly saw the same thing with AMC at first. They're trying to get people to hop on something else and spread the money thin.
Click to expand...
Now I'm not sure if AMC, BB, and NOK are actually legit. If you perpetuate enough lies, get enough people on board, and eventually it gains enough momentum, it can pretty much can go on from there on its own.

The one consistency among all this has been GME. Even that though, I'm starting to second guess. There's too much back and forth, and it's difficult to discern the truth from the BS.
 
kiphalfton said:
Now I'm not sure if AMC, BB, and NOK are actually legit. If you perpetuate enough lies, get enough people on board, and eventually it gains enough momentum, it can pretty much can go on from there on its own.

The one consistency among all this has been GME. Even that though, I'm starting to second guess. There's too much back and forth, and it's difficult to discern the truth from the BS.
Click to expand...
BB has actual long term value though. That is if their current plans pan out the way they want them to but they aren't even in the same dimension as gamestop which isn't worth a roll of toilet paper.
 
This whole GME saga makes me a little sad. I've made several profitable momentum trades the past couple of years lurking WSB. It'll never be the same now. So many bots and counterintelligence. After this is over, I hope they purge the subreddit and make people join again.

I had to cash out some today. I'm still 25% in, but I was in at $28 because it was a good investment. Not interested in being part of Occupy Wallstreet 2.0, but I still want some skin in the game.
 
Linearskillz said:
There's also the question of how does one apply leverage to such an extent where more shares are shorted than exist... the only way is naked shorting, right? Legit asking, because I don't know how else we would get where we are now. Must be nice to just invent things out of thin air and then make money off of it.
Click to expand...
Could just be general rehypothecation (its not collateral so I guess technically it isn't rehypothecation but the same concept) without any sort of coordination. If you borrow a share and sell it, and then that buyer decides to lend that share and the person who borrows that second lent share sells it, you now have 2 shares short for 1 actual share. If a lot of people independently want to short the stock, I mean a whole fuckton of people want to short the stock, I guess its possible to get over 100% this way. Of course, the level of risk to the shorters is the same either way - unwinding those trades has to be done very carefully otherwise you end up in a nasty squeeze situation.
 
Sophist said:
Volume today is 34 millions. When GME was calm, volume was rarely above 10 millions. Shares float is 57 millions.
"No body is selling" but 60% of stock has been traded today.
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Imo it's absurd to think that the highest volume of the day is people jumping at the chance to sell at $215 when the day opened $100 above that. When that post said "no one is selling", it means us, the retail investors, while the sell ladder attack where two funds trade back and forth rapidly driving the price down made up the majority of the volume.
 
LordOfChaos said:
Imo it's absurd to think that the highest volume of the day is people jumping at the chance to sell at $215 when the day opened $100 above that. When that post said "no one is selling", it means us, the retail investors, while the sell ladder attack where two funds trade back and forth rapidly driving the price down made up the majority of the volume.
Click to expand...
Why wouldn't one of the other big investors step in and buy the dip if it's going to skyrocket?
 
LordOfChaos said:
Imo it's absurd to think that the highest volume of the day is people jumping at the chance to sell at $215 when the day opened $100 above that. When that post said "no one is selling", it means us, the retail investors, while the sell ladder attack where two funds trade back and forth rapidly driving the price down made up the majority of the volume.
Click to expand...
It's always the hedge funds, the "institutions" who are conspiring against you and the stock. GME is turning into a cult, it's the QAnon of Millenials/GenZ.

UnravelKatharsis said:
34 million vol is 17 mill buy and 17 mill sell. That's not 60%
Click to expand...

Volume counting Definition

www.nasdaq.com www.nasdaq.com
 
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Sophist said:
It's always the hedge funds, the "institutions" who are conspiring against you and the stock. GME is turning into a cult, it's the QAnon of Millenials/GenZ.
Click to expand...

You know we can actually see the HFT sell laddering going on, right? You know it's not a new concept to any of this or a conspiracy but just regular business, right? Throwing doubt bombs with no backing is the easy part.

See all the "perfect" orders (e.g. 100, 200, 300 shares) of nice whole numbers in the hundreds, with scattered "imperfect orders" (e.g. 134, 194 shares)? Notice how the nice, whole numbered orders are very predictable in pricing which varies cents off of one another?

(GME) Latest Real Time Trades

www.nasdaq.com www.nasdaq.com

Oh yeah sure it's retail investors trading back and forth extremely rapidly in perfectly declining penny increments, it's the opposite that's the conspiracy.
 
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LordOfChaos said:
You know we can actually see the HFT sell laddering going on, right? Throwing doubt bombs with no backing is the easy part.

See all the "perfect" orders (e.g. 100, 200, 300 shares) of nice whole numbers in the hundreds, with scattered "imperfect orders" (e.g. 134, 194 shares)? Notice how the nice, whole numbered orders are very predictable in pricing which varies cents off of one another?

(GME) Latest Real Time Trades

www.nasdaq.com www.nasdaq.com
Click to expand...
Nothing to see here.
 
Sophist said:
It's always the hedge funds, the "institutions" who are conspiring against you and the stock. GME is turning into a cult, it's the QAnon of Millenials/GenZ.
Click to expand...
Everyone there is mostly just ex biz rejects.

:D
 
This is going to end badly for a lot of people. The difference between Wall Street fucking up and retailers fucking up is that the government won't bail retail investors out if they do. There are a fuckton of naive people out there who put their life savings into this dying carcass of a company because they believed in reddit posts.
 
What is the point of holding the stock after the last of the shorts expire? Isn't it just a blinking contest at this point? Is that windows over?
 
Okay so where is the squeeze? Today was another dud. It dropped so low and now they are blaming the ladder attacks and the chemtrails. "They" are against us!

People were creaming their pants with hype videos and memes last Friday to get gullible people and celebs to buy at 300$+. It failed, then it was Monday. It failed again. They were promised early retirement, mansions and cars.

Is DFV, the king of Wall Street, going to bail them out with his millions now?
 
www.reddit.com

DeepFuckingValue (u/DeepFuckingValue) - Reddit

u/DeepFuckingValue:
www.reddit.com www.reddit.com

Going back and reading DFV's YOLO updates from the beginning up until now is extremely entertaining. Someone should turn this into a book.

Gods&Monsters said:
Okay so where is the squeeze? Today was another dud. It dropped so low and now they are blaming the ladder attacks and the chemtrails. "They" are against us!

People were creaming their pants with hype videos and memes last Friday to get gullible people and celebs to buy at 300$+. It failed, then it was Monday. It failed again. They were promised early retirement, mansions and cars.

Is DFV, the king of Wall Street, going to bail them out with his millions now?
Click to expand...

No one was promised anything but a fun ride and being part of history.
 
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AgentP said:
What is the point of holding the stock after the last of the shorts expire? Isn't it just a blinking contest at this point? Is that windows over?
Click to expand...

There isn't, if all the shorts are gone, the squeeze is squoze, but there's no time limits on most of the shorts, just them bleeding out interest payments
 
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AgentP said:
What is the point of holding the stock after the last of the shorts expire? Isn't it just a blinking contest at this point? Is that windows over?
Click to expand...
There's still shorts. Thing is a ton of those shorts are new at a higher price. But also, the short data going around today is estimated. Not saying it's not accurate, but some people are. There's a ton of disinformation and media manipulation so anything's possible.
 
The silver distraction that they built up over the weekend and had their cronies in media amplify in sync today certainly had an effect. Obviously Robinhood's restrictions are still fucking over a lot of people.

It will take a while for the people interested in getting back in or doubling down to get their new brokerage accounts up and running and funded.
 
Not sure what to believe on short interest right now

Equities and Options Detail

finra-markets.morningstar.com

It says "Last Updated: 02/01/2021", and just look at that short interest. On the other hand the other figure around doesn't make sense to me how they would have got out:

isthesqueezesquoze.com

is the squeeze squoze yet?

no.
isthesqueezesquoze.com isthesqueezesquoze.com

And a third number that completely differs from the first two just for fun

www.nasdaq.com

Are These The Best Heavily Shorted Stocks To Buy Right Now? 5 Names To Watch

Do You Have These Top Shorted Stocks On Your Watchlist This Week? Unless you’ve been living under a rock, you’ve likely heard about the David vs Goliath battle happening in the stock market right now. Retail investors have been going head-to-head with several hed
www.nasdaq.com www.nasdaq.com
 
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Zefah said:
The silver distraction that they built up over the weekend and had their cronies in media amplify in sync today certainly had an effect. Obviously Robinhood's restrictions are still fucking over a lot of people.

It will take a while for the people interested in getting back in or doubling down to get their new brokerage accounts up and running and funded.
Click to expand...

I'm still wondering why gamestop said and did nothing. This was a huge opportunity for them to raise billions, literally billions in capital. They either have something big planned (they're being acquired, which would explain why no shares were released from the treasury, if an agreement to merge has already been signed, also explains insider sell off) or management truly is completely incompetent.
 
UnravelKatharsis said:
I'm still wondering why gamestop said and did nothing. This was a huge opportunity for them to raise billions, literally billions in capital. They either have something big planned (they're being acquired, which would explain why no shares were released from the treasury, if an agreement to merge has already been signed, also explains insider sell off) or management truly is completely incompetent.
Click to expand...

Maybe they simply found it more important to shake the shorts off the stock than to do a capital raise, if they think they already have the runway to outlast their transition.
 
LordOfChaos said:
Maybe they simply found it more important to shake the shorts off the stock than to do a capital raise, if they think they already have the runway to outlast their transition.
Click to expand...

The shorts were hurting their share value. Raising 3-4 billion would have solidified their value at least for a few months until they released a plan. Would have given them the money to go big on e-commerce. Less brick and mortar. They can't be that short sighted.

I mean if they don't care about the company's value enough to release and sell shares I don't know why they would care enough to shake off the shorts.
 
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LordOfChaos said:
Not sure what to believe on short interest right now

Equities and Options Detail

finra-markets.morningstar.com

It says "Last Updated: 02/01/2021", and just look at that short interest. On the other hand the other figure around doesn't make sense to me how they would have got out:

isthesqueezesquoze.com

is the squeeze squoze yet?

no.
isthesqueezesquoze.com isthesqueezesquoze.com
Click to expand...

I have no idea what I'm talking about, but with just the right amount of collusion, couldn't they just keep short ladder attacking this then until people gradually give up and the price goes back down in the tens, where they could the finally exit completely with minimal damage?
 
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Zefah said:
I have no idea what I'm talking about, but with just the right amount of collusion, couldn't they just keep short ladder attacking this then until people gradually give up and the price goes back down in the tens, where they could the finally exit completely with minimal damage?
Click to expand...

Maybe. But not if millions hold onto their shares. There simply wouldn't be any for them to buy.
 
UnravelKatharsis said:
Maybe. But not if millions hold onto their shares. There simply wouldn't be any for them to buy.
Click to expand...

That's why they keep colluding to drive down the price, scaring off more and more retail buyers, while spreading all sorts of disinformation and hyping up new distractions.

If they've managed to come to an arrangement where they don't have to pay exorbitant interest on their short positions, then they can keep it up for as long as they need.

I actually have no idea what I'm talking about, though.
 
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UnravelKatharsis said:
The shorts were hurting their share value. Raising 3-4 billion would have solidified their value at least for a few months until they released a plan. Would have given them the money to go big on e-commerce. Less brick and mortar. They can't be that short sighted.

I mean if they don't care about the company's value enough to release and sell shares I don't know why they would care enough to shake off the shorts.
Click to expand...
I think they just missed their window, and the bad PR hit might have hurt their comeback. If most of the retail traders that could be their customers are restricted from purchasing shares at the same time they are trying to drive out the short sellers, releasing new stock would be a real kick in the teeth. They should have done it last Wednesday.
 
LordOfChaos said:
Not sure what to believe on short interest right now

Equities and Options Detail

finra-markets.morningstar.com

It says "Last Updated: 02/01/2021", and just look at that short interest. On the other hand the other figure around doesn't make sense to me how they would have got out:

isthesqueezesquoze.com

is the squeeze squoze yet?

no.
isthesqueezesquoze.com isthesqueezesquoze.com

And a third number that completely differs from the first two just for fun

www.nasdaq.com

Are These The Best Heavily Shorted Stocks To Buy Right Now? 5 Names To Watch

Do You Have These Top Shorted Stocks On Your Watchlist This Week? Unless you’ve been living under a rock, you’ve likely heard about the David vs Goliath battle happening in the stock market right now. Retail investors have been going head-to-head with several hed
www.nasdaq.com www.nasdaq.com
Click to expand...

Finra says 226% SI???

mother of god shades GIF


Edit: apparently, it's old data, SI is not from today.
 
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BigBooper said:
I think they just missed their window, and the bad PR hit might have hurt their comeback. If most of the retail traders that could be their customers are restricted from purchasing shares at the same time they are trying to drive out the short sellers, releasing new stock would be a real kick in the teeth. They should have done it last Wednesday.
Click to expand...

If they released stock the hedge funds would have bought. Back when it was 400 they'd have been happy to get out of 10 million shorts at 300. They could even have negotiated a lower price. Still would have helped to solidify their value. Retail investors didn't have to buy the shares for the money to still go in gamestop's "vault."

I guarantee the share price wouldn't be under 200 right now if they had. It might not be rocketing to the moon anymore but investors could have been confident it would hold firm.
 
UnravelKatharsis said:
If they released stock the hedge funds would have bought. Back when it was 400 they'd have been happy to get out of 10 million shorts at 300. They could even have negotiated a lower price. Still would have helped to solidify their value. Retail investors didn't have to buy the shares for the money to still go in gamestop's "vault."

I guarantee the share price wouldn't be under 200 right now if they had. It might not be rocketing to the moon anymore but investors could have been confident it would hold firm.
Click to expand...
I don't know how anyone could be confident in anything after the hellscape Robinhood started on Thursday.
 
LisaMariaMartin said:
This is going to end badly for a lot of people. The difference between Wall Street fucking up and retailers fucking up is that the government won't bail retail investors out if they do. There are a fuckton of naive people out there who put their life savings into this dying carcass of a company because they believed in reddit posts.
Click to expand...
Well said. And then people will start crying...
 
It's easy to predict something won't work, because most big ventures don't. Doesn't take much intelligence or courage though. Just a lil shit slinging.
 
How is making the "Big Short" Michael Burry richer a way to stick it to the short sellers? How is this a revenge? Oh he's forgiven now because he changed side? Don't kid yourself. You are not making a stand. Nobody hates the short sellers instead he was glorified and a movie was made about him.

someone said this is David Vs. Goliath. Are the short sellers David? They are always the minority with no support. If you watched The Big Short you would know that. on the sell side you got some no name capital and Robinhood. On the other side you got AoC to Ted to Elon to Justin to Fidelity to Vanguard. That's Goliath to me.

ultimately it's just a pump and dump game between rich people. It's never a justice movement or nonsense like that. If you want to hold the bag and feel good about your declining unrealized gain that's fine, but please don't lose anything by this scam. Get out before too late!
 
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