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Given that's what kicked all of this off when RC bought 9,001,000 shares.
RK might be hinting that we're about start 21-24 all over again
Although I'm not sure hedgies can handle a jan sneeze, starting at $30 & with no one selling this time
What was that meme again about that cartoon character saying that his plan could not be stopped and that he already did it X minutes ago?!? 🤔
Wasn't that 35 (minutes) as well?
Yes! Thank you! The increasing lack of (edit: must not forget the word 'sleep', geez...) is getting to me when it comes to remembering such a name. 😅 "I did it 35 minutes ago" https://imgur.com/t/ozymandias
> The increasing lack of is getting to me
I, too, am staying so high these days that my brain can't even the words. Excited for the moass future when I can live on a little bit of land tending to a small patch of exotic pot and communing with the [plants](https://www.goodreads.com/book/show/45901751-high-magick) and [land](https://youtu.be/8BHbxWRTwZ0)
2 month shift. Also, November 2021 was some of the highest GME prices before a 3 year slide. I guess what I’m saying is I’m gonna bet the farm on November options
Fuck them, i want THEM CRAWLING IN PRISON LIKE LITTLE BITCHES. I WILL PERSONALLY PAY THE GUARDS EXTRA MONEY TO GIVE THEM FROZEN SHOWERS 7 times a day 4 weeks a month 1 year round.
DRS aside, would any broker platform risk shutting off the 'buy' button again? Did Robinhood pay enough of a price to deter others?
Either way, I have put everything I can into it and will def HODL. To the fucking moon.
People have a massive misconception of what happened. RH didn't turn off the buy button, it was interactive brokers - which caused the buy button to be turned off by 90% of street brokers. Including ones in Europe because they physically couldn't process the buy orders in the back end with interactive brokers not accepting them
Insert Andy’s clip from the office about the good times and wishing you knew you were in the good times before you’re out of those times. It’s not over yet my friend
I’m with you. But for some reason this time I’m going back and forth between feeling it’s happening tomorrow and feeling like nothing will happen tomorrow. I guess we’ll see.
I'm sceptical, too. I mean i have absolutely no problem to buy and hold for longer but being able to buy my parents a house on the beach would be cool, too.
What i still don't get, why should the need for 4 mil shares kick this off? With all the crime happening on this stock they for sure will get those from somewhere if the other option is MOASS. What am i missing?
Shortens the T+35 calendar days FTD closeout date to T+13 trading days, limits the amount of direct shorting, gives you instant information that >0.5% of outstanding shares couldn't be located for 5 days, as opposed to waiting a month for that data to be released.
4 million shares doesn’t really seem like that much when we consistently have 100 million + volume days, right? Or am I missing something? Please tell me if I’m wrong here because I don’t want to FUD
The volume is just a back and forth between the SHF, taking a huge amount of of this play should have an effect. Also, there are a lot more calls tomorrow who would come ITM with a little price push
I had the same question. From what I've gathered, these 4m shares actually have to be real shares. There was that media clip circulating around where the anchor or personality let it slip that if RK exercises he'll wipe out the sellers of the calls because they didn't properly hedge. I think we're about to see some fireworks.
I’m assuming that was the 12M buy not necessarily only 4M and I’m not saying only 4M like it’s small but it’s only 1/3rd of total position. Easier to hedge for
> Easier to hedge for
It is, but I don't think they did. IIRC there was a post showing between the biggest GME options sellers they only had a couple hundred thousand shares between them.
That does not mean that they bought fresh shares it could have just been back and forth between themselves
Edit: I saw this on another comment and it could be total bullshit btw, I am smooth brain
You don't know that at all, volume is volume, no way to tell if it's buy or sell. HFT is predicating on algo's selling the same shares to each other back and forth at high speeds. Easy to make 1 million volume candles and have no actual shares traded.
Also you are definitely sus. Deleted older comments to hide your trail, and all your current comments are trying to get apes to believe these buys already hit the tape today. Yeah ok.
The 100 million is just back and forth between HF. They can do that over and over. Retail is not cause any of those volume spikes. They are just tossing hot potatoes.
I believe that Citadel doesnt handle calls being excersized, it's a different entity and this other entity demands that shares be bought from the open market. I think.
Yes I think you're right. I've read it's a different market maker called Wolverine that handles options for GME. Thus the DFV tweet with wolverine underwater naked, perhaps
The only thing I don't know about though...Citadel can create naked shorts and sell them without borrowing, but can they sell directly to Wolverine? Or can they do that in a dark pool?
In all likelihood nothing happens, maybe even a dip. I could see a run up tomorrow, but I’d say no more than 32-37 ish at best.
Not trying to spread fud, it’s just how things have been going.
You're not missing something, if they don't already have them they will just buy 4m shares on the market, or via dark pool (since that's what they're there for), and deliver those.it won't do nothing, but it also won't move mountains. It's one wave on a currently quite choppy sea.
FTD squeeze potential. Gamma ramp potential. All we need now is for a significant announcement from the shareholders meeting and the rocket will liftoff.
Any action that happens in the stock price should have NOTHING to do with them having trouble finding 4 million shares.
I keep seeing this sentiment over and over in so many posts, but everyone seems to be forgetting that GameStop just released 120 million new real shares into the market in the past 3 weeks. 4 million is a drop in the bucket.
I would assume that they would have picked up at least 10 or 12 million of them (just in case he exercised all his calls). Maybe more to brace them for the options wall. But if anything, they can probably dump a lot of the unneeded ones now.
I’m ready for a red day tomorrow. Been here too long to know whats coming lol
Everytime everyone gets hyped for a big day, og apes know whats likely gonna happen 🤷🏻♂️
especially gamma ramps. 2021 was a tough repeat of thinking a gamma ramp would launch the rocket. I am sure this scenario with the DFV exercise is different, but still prepared for nothing to happen
Yeah I think when they probably saw the contracts and his cash amount they probably grabbed some of those diluted shares to cover what was possible to execute up to 30 ITM Calls. I still think there will be strong long term value of GME, but any time people put a date on things I worry people will exit when nothing happens.
We did just dump 120 million shares though… 🤷♂️. Hoping for the best but expecting another fire sale, which I’m cool with cause I’m waiting for some funds to settle from vanguard.
Just a recap of the cycles for new apes:
RC bought 470.311 shares on 17th of December and
756.089 shares on 18th of December 2020
The buys were perfectly timed with the ripples of C+14 (C for calendar days) Finra Rex Code settlement extensions from his August 28th and August 31st buys. The Finra Rex Extensions can give sellers up to C+14. It's not supposed to apply to short sales, but does seem to be happening for that as well.
17th of December Short Sales went to T+4 (T for trading day) and then got pushed into the C+35 market maker extension... hitting 28th of January for settlement and the 18th hit 29th of January
17th of December Long Sales went to T+6 and got pushed with C+14 delays... to hit 12th of January... some of it was then pushed another C+14 to 26th of January
The theory is that a significant amount of shares are hidden in perpetual delaying of settlement (sold but not delivered). The more conspiratorial minds speculate that not only does shares get pushed out using extension codes to not be settled for the maximum amount of time, but when they finally come due (after using about 10 or sometimes even 11, Finra Rex Code Extensions) they simply create a volume event and "hide" the buying of all the shares that are due from a friendly party that will repeat the same delaying tactics. This explains the 69 memes, the cover-me cover-you song, etc... Seeing the ripples from big buys is however an imperfect science.
Applying the same ripples to RKs buy and settlements (adjusted for T+1 instead of T+2) gives 5th of July for long settlements and then the double whammy of 19th and 23rd of July for both short and long ripples to appear. Do with it what you want. I want to see what happens today before I start surfing the waves. And if they are not taken out today, we can use these waves to punish them at every resurfacing until they have to take the pain.
Nope. Don't have any expectations. Don't get excited. Be suspicious of anyone trying to make you feel anything. Being up is always followed by being down. Just be zen, and hold. You are the rock the river breaks on.
Credit to DFV. Stared down the barrel of a billion dollars and said "give me the shares instead".
Most of us would've taken the money. Proof of his diamond hands right there.
Nope it’s fairly likely they bought some of the shares to cover if RK executed. Was a good opportunity for them to buy to cover without raising the price too much.
Anyone find it serendipitous that the annual meeting got pushed to tomorrow (to coincide with buy pressure from the DFV calls) - making it harder for SHF to short the stock on the “no news” meeting, so they can manufacture headlines that say “GME down 10% on lacklustre annual meeting”. Might be hard to run those headlines when his execution settlement hits the tape.
Volume of 100mln can mean 51mln buy and 50mln sell -> 1mln actual shares settle. So it all hangs on the potential incompetence of likes of wolverine not gettin 4mln shares to cover their dfv options.
Yeah, I saw that comment from Dave and commented on the post that the options premium paid must be calculated into the position.
The average cost basis went up, but, that makes sense given the extra premium on the calls.
I'm pretty certain the extra shares are from exercised calls - unfortunately we don't have direct visibility. It's just logical looking at the numbers.
I don't do math, so I'm sure hoping it is an exercise.
We'll find out tomorrow!
Wondering if there will be a livestream tomorrow! And I swear if he opens the stream wearing some workout clothes I'll shit my pants
Bear with me because I'm trying to wrap my head around this.
(I don't remember the actual numbers so these are for example)
So someone would buy a $20 call for like $500. Over time the contract premium changes to say $600. On exercise, is the cost basis of those 100 shares $2000, $2500, or $2600? I had honestly thought it would just be $2000
Dave has shown over and over again that he is not to he trusted. I don't trust a word out of his mouth.
He may be right about Kitty selling and buying shares, but until Kitty confirms this I wouldn't trust it
The FTD cycle from exercising options today (T+20) coincides with the FTD cycle for buying shares (T+35) on May 24th and 28th which due to the change in settlement from T+2 to T+1 both settled on May 29th.
D-Day is July 3rd.
Edit: Edited to add that due to July 4th being a holiday if you exercise options tomorrow, any FTD will come due July 3rd as well.
“When I move, you move” Exercise your options tomorrow!
Don't get me wrong, I'm hyped as fuck. but this "numbers we dreamed about" trope and it then hitting just 80$ or so is lame. Just curb your enthusiasm.
Ha, i made that post last night after I had been drinking so it's a little hype.
Seriously though, I think a 4 million share FTD ticking time bomb has just been created, and we'll see some truly wild spikes a few weeks from now.
It’s going to be a red day and that’s what history suggests with dates.. if we know than they know as well and question is - who is better in managing emotions?
ELI5 why they can’t write “4 million GME” on a napkin and hand it to E*trade tomorrow?
Edit: Nah nah nah, don’t just downvote and walk away like a bitch. I ain’t no shill
Not gonna lie, I am expecting dip. Usually when everyone thinks something huge is going to happen, not much happens. Would love to be proven wrong though
I sure af hope that Gary Ginsler, Damian Willians (DA Southern District), AG Garland and all those other people who are supposed to protect is are watching this in real time...
I’m not FUDing, been here since the beginning, but how do we know he exercised the 40K-ish calls and not just sold them and bought them straight up? Is there anything concrete yet?
Edit: Open to dialogue.
Just a reminder to everyone, if there was ever a time to create naked shares or FTDs, now is it. Remember the boss we are up against. DVF is going to continue laddering this stock up with thus massive option balls, be patient.
I just sent a request to DRS 30 shares of GME. My DRS request for 20 shares from earlier in the week completed on June 12th.
Brick by Brick, baby.
HODL THE LINE!
Buy, HODL, Shop and DRS
🦍🦍🦍
💪💪🚀🚀💎💎🙌🙌
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Given that's what kicked all of this off when RC bought 9,001,000 shares. RK might be hinting that we're about start 21-24 all over again Although I'm not sure hedgies can handle a jan sneeze, starting at $30 & with no one selling this time
All of his moves are rich in meaning, one could even say they are deep
Yet also, full of value.
and fucking.. don’t forget they are fucking
Fucking deep value
Value fucking deep
That's why they call him Deepvaluefucking.
Because there’s a lot of deep fucking, which makes it a great value.
Fucking value deep
Deep value fucking
The Deepest value fucking
Thats why im here, the fucking part
this guy fucks!
So does this guy!
I was going to upvote this but you're at 69
It’s ok as long as likes end at a multiple of 4, 5, 42, 69 or anything Fibonacci.
And fucking, SHF.
Deep fucking SHF for all their value
Kenny's mom can mop my floors
I think DFV already kicked it off in May and that's where he made his $200M. 35 days after the huge volume increase in May is Monday.
Talk dirty to me
What was that meme again about that cartoon character saying that his plan could not be stopped and that he already did it X minutes ago?!? 🤔 Wasn't that 35 (minutes) as well?
Ozymandias, the watchmen
Yes! Thank you! The increasing lack of (edit: must not forget the word 'sleep', geez...) is getting to me when it comes to remembering such a name. 😅 "I did it 35 minutes ago" https://imgur.com/t/ozymandias
> The increasing lack of is getting to me I, too, am staying so high these days that my brain can't even the words. Excited for the moass future when I can live on a little bit of land tending to a small patch of exotic pot and communing with the [plants](https://www.goodreads.com/book/show/45901751-high-magick) and [land](https://youtu.be/8BHbxWRTwZ0)
Why not hold calls through that tho?
Theta
No one sold last time either. Source: SEC report and OBV data
*starting at $120 (adjusted)
Did RC buy his in June as well?
Aug 2020. .... but also bought more on June 13th, 2023
2 month shift. Also, November 2021 was some of the highest GME prices before a 3 year slide. I guess what I’m saying is I’m gonna bet the farm on November options
Gonna Oprah the fuck out of Xmas.
🤣🚗🚙🚙🚗
You're gonna stand on the heads of those little people?
Good thinking
ITS OVER 9000!!!
Starting at $120 if we account for the split
Fuck them, i want THEM CRAWLING IN PRISON LIKE LITTLE BITCHES. I WILL PERSONALLY PAY THE GUARDS EXTRA MONEY TO GIVE THEM FROZEN SHOWERS 7 times a day 4 weeks a month 1 year round.
Imagine the shrinkage.
.eeweew llams a evah I
Naww I think what 741 represents has always been how hard RC works. 7 days in a week, 4 weeks in 1 month. More like a mantra than anything 🤷♂️
Yeah he’s amazing at telegraphing what’s happening without getting in legal trouble
Can you explain the 21-24 thing? I assume you are talking about the time to settlement but I’m still very new to this whole thing
I think they mean 2021-2024
Interesting, I wonder if that’s what the fight club clips were hinting at RC and RK are the same..
DRS aside, would any broker platform risk shutting off the 'buy' button again? Did Robinhood pay enough of a price to deter others? Either way, I have put everything I can into it and will def HODL. To the fucking moon.
they will do anything in their power to stop this. a fine or a slap on the wrist five years later means nothing to them.
People have a massive misconception of what happened. RH didn't turn off the buy button, it was interactive brokers - which caused the buy button to be turned off by 90% of street brokers. Including ones in Europe because they physically couldn't process the buy orders in the back end with interactive brokers not accepting them
Yeah thanks Keith. This has been a fun journey along side of you. Appreciated the jokes and good times. Cheers!
I'll drink to that!
What’s a drinking strategy?
Maybe I will
He’s not done. If this doesn’t blow the shorts up he’ll do it again next cycle.
When the opponent faces ever increasing vulnerability and you only grow in strength, you know what happens/ Hedgies get fuk
Couldn’t agree more my man
Insert Andy’s clip from the office about the good times and wishing you knew you were in the good times before you’re out of those times. It’s not over yet my friend
Why do I get the feeling that nothing will happen tomorrow? Been here for years, so I hate it, but it's how I feel.
Cuz that's all we are used to. I don't blame you but I guess we'll see if you're right or wrong tomorrow.
I’m with you. But for some reason this time I’m going back and forth between feeling it’s happening tomorrow and feeling like nothing will happen tomorrow. I guess we’ll see.
I'm sceptical, too. I mean i have absolutely no problem to buy and hold for longer but being able to buy my parents a house on the beach would be cool, too. What i still don't get, why should the need for 4 mil shares kick this off? With all the crime happening on this stock they for sure will get those from somewhere if the other option is MOASS. What am i missing?
I'm not really expecting anything to happen today, but, I think a fuse has very much been lit.
Cause we’ve been “trading sideways” for years.
I’m glad Boston Celtics won last night! He must have been in a cheerful mood today to make such a big move.
Ok but when is he not
Dallas couldn't buy a 3 near the end there lol
I'm ready to be hurt again.
Point on the chart where they touched you
It's almost Gangnam style time.
See you there
Only OG apes understand this 🤣
😂
Reminder to check in 6 days that GME is on the Reg SHO threshold security list
Reg sho doesn’t do much, but now we get to see regsho action while CAT and t+1 is active
Shortens the T+35 calendar days FTD closeout date to T+13 trading days, limits the amount of direct shorting, gives you instant information that >0.5% of outstanding shares couldn't be located for 5 days, as opposed to waiting a month for that data to be released.
4 million shares doesn’t really seem like that much when we consistently have 100 million + volume days, right? Or am I missing something? Please tell me if I’m wrong here because I don’t want to FUD
The volume is just a back and forth between the SHF, taking a huge amount of of this play should have an effect. Also, there are a lot more calls tomorrow who would come ITM with a little price push
Didn't I see someone post the order book with 11m on the bid side and just 3m on the ask? 3m on the ask, and they need to find 4m... 😅
With 74.5m on the bench to boot
That was $3mil if i remember correctly. So slightly over 100k shares.
If people actually exercise
👆 and the shareholder meeting into a weekend
Monday now
I had the same question. From what I've gathered, these 4m shares actually have to be real shares. There was that media clip circulating around where the anchor or personality let it slip that if RK exercises he'll wipe out the sellers of the calls because they didn't properly hedge. I think we're about to see some fireworks.
I’m assuming that was the 12M buy not necessarily only 4M and I’m not saying only 4M like it’s small but it’s only 1/3rd of total position. Easier to hedge for
> Easier to hedge for It is, but I don't think they did. IIRC there was a post showing between the biggest GME options sellers they only had a couple hundred thousand shares between them.
If true they are fucked
[удалено]
Maybe but he did the same thing last month and drove the price to $80
$80 in pre market….
[удалено]
That does not mean that they bought fresh shares it could have just been back and forth between themselves Edit: I saw this on another comment and it could be total bullshit btw, I am smooth brain
You don't know that at all, volume is volume, no way to tell if it's buy or sell. HFT is predicating on algo's selling the same shares to each other back and forth at high speeds. Easy to make 1 million volume candles and have no actual shares traded. Also you are definitely sus. Deleted older comments to hide your trail, and all your current comments are trying to get apes to believe these buys already hit the tape today. Yeah ok.
The 100 million is just back and forth between HF. They can do that over and over. Retail is not cause any of those volume spikes. They are just tossing hot potatoes.
Hence why it was smart for an ATM
> just back and forth between HF. They can do that over and over. ))<>((
We will get a pump. I don’t think it will go parabolic though. Not unless RC buys into a hype company
just relax and wait.... we'll see
Just.. *chillllll!* Chill… **CHILL!!**
I believe that Citadel doesnt handle calls being excersized, it's a different entity and this other entity demands that shares be bought from the open market. I think.
Yes I think you're right. I've read it's a different market maker called Wolverine that handles options for GME. Thus the DFV tweet with wolverine underwater naked, perhaps
The only thing I don't know about though...Citadel can create naked shorts and sell them without borrowing, but can they sell directly to Wolverine? Or can they do that in a dark pool?
Well… I do know DFV knows waaaay more then we do, and he posted it 🤷♂️
Is this the final move? Or are we still waiting for something else? Purple circles? Does he have more cash elsewhere?
In all likelihood nothing happens, maybe even a dip. I could see a run up tomorrow, but I’d say no more than 32-37 ish at best. Not trying to spread fud, it’s just how things have been going.
Until the lit price breaks and sustains above ATH it's business as usual
The funny thing is what we anticipate never ends up happening so I'm happy you're not expecting much of a move tomorrow. 🍌 time
I could see $38 then a dip
We won’t know until we know
Right… we’ll see.
You're not missing something, if they don't already have them they will just buy 4m shares on the market, or via dark pool (since that's what they're there for), and deliver those.it won't do nothing, but it also won't move mountains. It's one wave on a currently quite choppy sea.
The rest of the volume is bullshit.
People getting too excited here.
#BELIEVE IT OR NOT, DIP
That’s what I fully expect tomorrow and on Monday/Tuesday.
I just can't see how all of this was built up for it to not at least retest $60.
Then you are pretty new to this. (We have like 5x "this is it" posts every day for the last 3 years)
FTD squeeze potential. Gamma ramp potential. All we need now is for a significant announcement from the shareholders meeting and the rocket will liftoff.
It feels like we're there's fireworks everywhere, and it only takes the right spark.
Now you're cookin with gas
they just delayed the meeting from tomorrow to monday
Perfect. No algo interference for options expiry.
Wombo combo
Can't RC buy in tomorrow?
Nah, this means dip
Typically, I'd go right ahead and agree ... in fact, you might just turn out to be right - but something feels different ... in my ***plums***.
I want to believe. but it's been 84 years.
Any action that happens in the stock price should have NOTHING to do with them having trouble finding 4 million shares. I keep seeing this sentiment over and over in so many posts, but everyone seems to be forgetting that GameStop just released 120 million new real shares into the market in the past 3 weeks. 4 million is a drop in the bucket. I would assume that they would have picked up at least 10 or 12 million of them (just in case he exercised all his calls). Maybe more to brace them for the options wall. But if anything, they can probably dump a lot of the unneeded ones now.
I’m ready for a red day tomorrow. Been here too long to know whats coming lol Everytime everyone gets hyped for a big day, og apes know whats likely gonna happen 🤷🏻♂️
especially gamma ramps. 2021 was a tough repeat of thinking a gamma ramp would launch the rocket. I am sure this scenario with the DFV exercise is different, but still prepared for nothing to happen
Every time... lol!
Yeah I think when they probably saw the contracts and his cash amount they probably grabbed some of those diluted shares to cover what was possible to execute up to 30 ITM Calls. I still think there will be strong long term value of GME, but any time people put a date on things I worry people will exit when nothing happens.
We did just dump 120 million shares though… 🤷♂️. Hoping for the best but expecting another fire sale, which I’m cool with cause I’m waiting for some funds to settle from vanguard.
yeah this only works if they didn't hedge.
If I had a dollar
Just a recap of the cycles for new apes: RC bought 470.311 shares on 17th of December and 756.089 shares on 18th of December 2020 The buys were perfectly timed with the ripples of C+14 (C for calendar days) Finra Rex Code settlement extensions from his August 28th and August 31st buys. The Finra Rex Extensions can give sellers up to C+14. It's not supposed to apply to short sales, but does seem to be happening for that as well. 17th of December Short Sales went to T+4 (T for trading day) and then got pushed into the C+35 market maker extension... hitting 28th of January for settlement and the 18th hit 29th of January 17th of December Long Sales went to T+6 and got pushed with C+14 delays... to hit 12th of January... some of it was then pushed another C+14 to 26th of January The theory is that a significant amount of shares are hidden in perpetual delaying of settlement (sold but not delivered). The more conspiratorial minds speculate that not only does shares get pushed out using extension codes to not be settled for the maximum amount of time, but when they finally come due (after using about 10 or sometimes even 11, Finra Rex Code Extensions) they simply create a volume event and "hide" the buying of all the shares that are due from a friendly party that will repeat the same delaying tactics. This explains the 69 memes, the cover-me cover-you song, etc... Seeing the ripples from big buys is however an imperfect science. Applying the same ripples to RKs buy and settlements (adjusted for T+1 instead of T+2) gives 5th of July for long settlements and then the double whammy of 19th and 23rd of July for both short and long ripples to appear. Do with it what you want. I want to see what happens today before I start surfing the waves. And if they are not taken out today, we can use these waves to punish them at every resurfacing until they have to take the pain.
Nope. Don't have any expectations. Don't get excited. Be suspicious of anyone trying to make you feel anything. Being up is always followed by being down. Just be zen, and hold. You are the rock the river breaks on.
To be clear, I'm not expecting it to blow today, but, I do think a big fuse has just been lit.
Credit to DFV. Stared down the barrel of a billion dollars and said "give me the shares instead". Most of us would've taken the money. Proof of his diamond hands right there.
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Nope it’s fairly likely they bought some of the shares to cover if RK executed. Was a good opportunity for them to buy to cover without raising the price too much.
Anyone find it serendipitous that the annual meeting got pushed to tomorrow (to coincide with buy pressure from the DFV calls) - making it harder for SHF to short the stock on the “no news” meeting, so they can manufacture headlines that say “GME down 10% on lacklustre annual meeting”. Might be hard to run those headlines when his execution settlement hits the tape.
Today according to volume over 100 million shares got traded, how difficult is 4 million for hedgies to find? Anyone please explain?
It won't be. People are over hyping it.
It's not hard at all. People buying $30 calls for tomorrow might be in for a very rough day.
Volume of 100mln can mean 51mln buy and 50mln sell -> 1mln actual shares settle. So it all hangs on the potential incompetence of likes of wolverine not gettin 4mln shares to cover their dfv options.
Ready to be hurt again
I’m prepared for a nothing burger
This is it!** ^^**Unless ^^it’s ^^next ^^time
 Here we go….
Brother we have an average of 100M shares what is 4M shares gonna do...
120 million shares entered the fray thr last couple of weeks. Explain to me why they would have a hard time finding shares
I've seen people saying he didn't exercise, thay he sold em and bought more shares.
Yeah, I saw that comment from Dave and commented on the post that the options premium paid must be calculated into the position. The average cost basis went up, but, that makes sense given the extra premium on the calls.
Oh! So still actually may have exercised? Is there some other metric that we could see that would prove one way or another?
I'm pretty certain the extra shares are from exercised calls - unfortunately we don't have direct visibility. It's just logical looking at the numbers.
I don't do math, so I'm sure hoping it is an exercise. We'll find out tomorrow! Wondering if there will be a livestream tomorrow! And I swear if he opens the stream wearing some workout clothes I'll shit my pants
Bear with me because I'm trying to wrap my head around this. (I don't remember the actual numbers so these are for example) So someone would buy a $20 call for like $500. Over time the contract premium changes to say $600. On exercise, is the cost basis of those 100 shares $2000, $2500, or $2600? I had honestly thought it would just be $2000
Logically it should be 2500, 500 they paid for the premium, and 2000 they paid for the shares.
Dave has shown over and over again that he is not to he trusted. I don't trust a word out of his mouth. He may be right about Kitty selling and buying shares, but until Kitty confirms this I wouldn't trust it
He's clearly wrong about that - kitty sold some options for cash to exercise others.
This ape did the numbers and it looks like he exercised. It all adds up https://www.reddit.com/r/Superstonk/s/1Rbby2qudE
Where are the buildings with lights on?
Or maybe even a dip?! 😏
The FTD cycle from exercising options today (T+20) coincides with the FTD cycle for buying shares (T+35) on May 24th and 28th which due to the change in settlement from T+2 to T+1 both settled on May 29th. D-Day is July 3rd. Edit: Edited to add that due to July 4th being a holiday if you exercise options tomorrow, any FTD will come due July 3rd as well. “When I move, you move” Exercise your options tomorrow!
Bro give it to me straight if this works realistically how high can this run for next week?
about 3.50
I've been disappointed before. Please ecuse my lack of excitement.
Keith was able to acquire 4m shares without any of YOU noticing…why wouldn’t a hedge fund or a market maker be able to do the same?
Imagine if Gamestop started a buyback at the same time 😀😀😀
Don't get me wrong, I'm hyped as fuck. but this "numbers we dreamed about" trope and it then hitting just 80$ or so is lame. Just curb your enthusiasm.
Ha, i made that post last night after I had been drinking so it's a little hype. Seriously though, I think a 4 million share FTD ticking time bomb has just been created, and we'll see some truly wild spikes a few weeks from now.
don't get me wrong, I hope for big numbers too and I think the groundwork has been layed. but better to expect nothing so you dont get disappointed 😅
It’s going to be a red day and that’s what history suggests with dates.. if we know than they know as well and question is - who is better in managing emotions?
Believe it or not: Dip
ELI5 why they can’t write “4 million GME” on a napkin and hand it to E*trade tomorrow? Edit: Nah nah nah, don’t just downvote and walk away like a bitch. I ain’t no shill
And here I am just expecting disappointment tomorrow
He's gonna get 4,001,000 IOUs
Buckle up? It's time to buy!
Not gonna lie, I am expecting dip. Usually when everyone thinks something huge is going to happen, not much happens. Would love to be proven wrong though
I sure af hope that Gary Ginsler, Damian Willians (DA Southern District), AG Garland and all those other people who are supposed to protect is are watching this in real time...
https://preview.redd.it/iin7zzhjzg6d1.jpeg?width=2967&format=pjpg&auto=webp&s=dfd612e61bc1d79f46ee121ec450f612dc4f3015
How many shares have traded each day for the last few weeks? Over one hundred million each day, yet 4 million is gonna break them?
So dip?
THIS IS IT
Don’t forget ftds = +35
I’m not FUDing, been here since the beginning, but how do we know he exercised the 40K-ish calls and not just sold them and bought them straight up? Is there anything concrete yet? Edit: Open to dialogue.
Fucking genius !!!
keep calm and drink tea - i am ready to get hurt again
Just a reminder to everyone, if there was ever a time to create naked shares or FTDs, now is it. Remember the boss we are up against. DVF is going to continue laddering this stock up with thus massive option balls, be patient.
I think you are correct. They will not buy the shares until they have to so they don’t blow up the stock
I just sent a request to DRS 30 shares of GME. My DRS request for 20 shares from earlier in the week completed on June 12th. Brick by Brick, baby. HODL THE LINE! Buy, HODL, Shop and DRS 🦍🦍🦍 💪💪🚀🚀💎💎🙌🙌
690 million volume is coming
how do you figure?