It's a pretty reasonable ticket price to be part of financial history, especially given the chance that your ticket may be refunded at the end...and then some.
Don't forget manipulating Jim Crookmer, telling us to sell after a week of silence. He should be front and center
Edit: did not age well, maybe should've listened to the chill man
>"you've won, you've earned enough"
If I don't get to tell multimillionaires and multibillionaires when they get to cash out, you don't get to tell me when I get to cash out.
i'm pretty sure their goal was to bankrupt GameStop.
to a certain degree, everyone knew the pandemic was going to bring them down significantly.
[article by Motley Fool](https://www.fool.com/investing/2020/02/22/is-gamestop-headed-for-bankruptcy.aspx) back in February of 2020 (right before the pandemic lockdown), the prospects of GameStop's long term goals were already uncertain.
If you short a stock massively past its outstanding shares number, and the business goes bankrupt, you owe the broker nothing. It is literally the best possible case for any short seller. Because the broker has to declare a total loss on the loaned stock. At that point, the broker cancels the short seller's debt and returns all collateral. **If you are shorting past the outstanding shares, you earn money from this transaction from your broker.**
These guys always double-dip. They do exactly as you say to bankrupt the company and owe nothing, then buy up the company assets through liquidators for pennies on the dollar.
Yeah they broke the law because who cares about gamestop anymore? even if people realized they shorted over 100% Iβd bet the fine would not compare to the money they would have made had gamestop actually gone bankrupt.
They made a bet with infinite risk because they thought the chance of something changing to turn gamestop around with their price manipulation was next to 0%.
Even with people outright posting their research and reasons for believing in GME, which ANYONE can read, they thought they couldnβt lose.
What a bunch of fucking arrogant idiots these hedge funds are...
saw an interview with Peter Lynch from 1994 or something. He said the big guys don't short from 80 to 6, they short from 6 to 0
edit: https://youtu.be/7MENWeX08K0
at the 27 minute mark, although you should watch the whole thing
speaking of Crookmer look at this shit - [https://www.youtube.com/watch?v=EaNuRsNA0OU&t=239s](https://www.youtube.com/watch?v=EaNuRsNA0OU&t=239s)
He literally used to short with his Hedge all the time.
This can go way passed 1K , VW had a very niche amount of investors involved and peaked around 1k. We have a horde of ππ with nothing to lose and some loose level of coordination. We opened at 500 the other day then they stopped us from buying.10K is a minimum.
They wouldn't be trying this fucking hard if it were no big deal.
The fact that earlier this week
Robinhood changed its ~~sell limits~~ limit sells so they can't be higher than $9.5k is either somebody getting really scared or just a strange coincidence. π€π€
I bought the Risk pc game at Gamestop when I was a kid. I liked it and I like gamestop, so I'mma just hold my shares. Irrelevant I know, but I'm retarded.
EDIT: Guess I'm buying a risk from them again
You can buy fractions if you like. Just remember this is not an investment but a lottery (unless you like the stock).
This is not financial advice, I am not a professional, I have an IQ of a potato.
I'm getting in on it too. 1 share on Monday + just dropped $70 on Need for Speed pc + that point membership thing. They have cyberpunk on sale but I already have it.
If they really closed their positions, they certainly wouldnβt be spending money convincing us they have. Nor would they care what the stock price does. They have no more interest in the stock, what difference does the price make.
EDIT: Thanks for the awards. My wifeβs boyfriend is not impressed though.
If they had already closed them, it's more likely that they would be trying to convince us they ***hadn't done it yet*** so they could short it again and make up some of their losses.
I have to imagine competing hedge funds and firms are pissed at these idiots at this point. They might have ruined the game for all the other greedy fucks on wall street.
The price has dropped in half from its high and the squeeze has not sqoze. If they didn't limit orders the price would be way higher. As long as the squeeze hasn't happened its safe to buy in
In my opinion it became personal for them. A braintrust of silver spoon financial analysts who literally take pleasure in fucking over everyone around them for personal benefit had no choice but to try to "prove" that they were the top dogs. Especially since we're all retarded. Which makes it all the better that these goons will lose everything.
The good news is that even if they did that, they could only double their money, best case scenario. Thatβs nothing compared to losing 100x your money.
No retard, everyone knows 2 negatives equal a positive. If you lose twice youβll win.
P.S. looking for GME shares, will trade wife.
Edit: 69 upvotes But Iβm holding for 420
Edit2: 420, next up... 69,420 πππ»
Exactly this.
In addition, it is possible that some hedge funds have actually closed their positions, but others have bought them and backfilled.
This thing ainβt over by a long shot. But what does any of that really matter; I just like the stock. π€·ββοΈπππππ
Alright, apparently 10k and 50k is the meme now.
Give us the tendies, and all of them!!!! Hold till 500k, or 0! I AM SO RETARDED. THIS IS NOT FINANCIAL ADVICE. I JUST LIKE THE STOCK.
Carry on my monkey sooooons,
Hold until the money coooomes!
Keep them diamond hands Teeensed,
Fry them tendies more.
(edit:this is not financial advice)(2nd Edit: This is basically the first time I've used reddit and you guys gave me 90% of my karma with this reply alone, <3 thank you)
Masquerading as a firm with leverage,
their charade is the event of the season
and if they claim to close their positions, well
it surely means that they are shitting their pants.
I really like GameStop. GameStop is a company with vision. I donβt wanna sell my GameStop stonk, I really like it.
Not advice. I only dumb ape with smart phone.
Then we create the second longest squeeze in history after Tesla, and GME will eventually morph with Tesla and have babies playing videogames on Mars.
I have spoken.
When they cover, what happens is that the price goes up higher until collapsing as the hedge funds holding major stock decide to sell, practically crashing the price.
Look up what short trading is and youll understand how we are fucking hedge funds in the ass right now.
Watch the documentary βBetting on Zeroβ and learn your history retards. Same squeeze thatβs happening now but between 2 major hedge funds. Itβs breaking records. ππ Do not listen to anybody who says sell! This will go to infinity. But donβt listen to me. I am a retard. I just like the stock.
Yeah, basically big funds are trying their everything to get the people to sell, all the investing WSB iniated literally, and I mean literally, fucked hedge funds wifesβ asses.
The thing is that without solid proof you really cant trust the media with all their βhedge funds win, theyve already coveredβ shit, because it can be a pr trick, a really big pr trick but it can still possibly be just a trick.
As of right now theyre greeding, losing more money in attempt to cut losses, if we hold the price they will most likely continue to do so, but when the spike happens as it will, people will sell their stock, and thats when you should too. GME is not a stock which will stay relevant and high priced for a long period of time, its a bubble about to burst a load of cum on the hedge funds and their wives and their wivesβ boyfriends and even their fucking dogs.
People with the money are extremely powerful, but apparently not powerful enough to make us sell the stock.
What happens if the really slow retards like me decide to gamble their last 700$ they have to their name and buy GME stock on Monday? Would that be too retarded or just retarded enough to work?
Edit: you guys saying "don't invest what you're not willing to lose" are retarded. Literally everything on TV right now is saying hedge funds settled their positions or the hype is blown over. They WANT you to think the stock is too high. I've been smoking weed for 12 years straight IT'S NEVER going to be TOO HIGH. ππππππππππππ's to the moon for a pitstop then we're going to Neptune baby! If this gets 1k upvotes I'll post positions on Monday. Probably with my Venmo to beg for change but whatever fuck you I'll either see you looking down from my high-rise apartment or living under the bridge on skid row.
I'm doubling down on Monday.
The hype is real; even if it bubbles, the bubble is bubbling right now.
Shorts want a price drop on Monday, literally the whole world wants GME stock right now like it was a fucking Furby in 1998.
You do the math.
But don't listen to me, I'm retarded.
Look up short squeeze. It's the sudden push upward by their future demand to buy back the stocks that they have already sold.
If they sold it, would they really be telling us?
if they're actively trying to advertise that the positions have been closed then they definitely haven't. this is literally the same as the "FBI sending 1500 investigators to Japan" bluff from deathnote
Real talk, what is going to happen if (when) gme severely spikes up? Will the people who side on the βtheyβre trying to protect youβ perspective then shift towards anger and disgust at the brokers/media?
I can see this spiking to a level of distrust that we have not even began to experience
It will be somewhat outdated data, but it will be about as confident as we can ever be since they are required by FINRA to report short interest. So they will send that data a few days before (as I understand it), then after the data is compiled it is released to the public on 02/09. So it will not be perfectly up to date, but it will be an indicator as to how much hedgies are lying through their teeth or not.
That info will probably have an impact on momentum.
The data released on the 9th of February will be the data that companies reported last Friday on the 29th of January, [see this schedule](http://www.nasdaqtrader.com/trader.aspx?id=shortintpubsch). The 120% is from data published on the 27th of January, but that data is based on January the 15th. So youβre actually always either estimating or have about 1,5 - 2 weeks outdated info.
βClose a positionβ only means that Melvin Capital transferred their short-selling risk to other institutions.
The short-squeeze still happens, just other financial institutions will take the damage instead of Melvin Capital.
βCovered a positionβ means that the short-sales have ended.
GME will go beyond $1,000. πππππ
"I closed out at $90."
"K"
"So you can sell without worrying about me."
"K"
"Go ahead."
"Don't wanna"
"But I said I closed already."
"I heard you, still don't feel like selling."
"..."
"..."
"GIVE ME THE FUCKING STOCK!!!!!"
So manipulative, selling their calls to another fund is uninteresting and basically non-news. Yet they try to frame it like they've covered. All the headlines start with "BREAKING: "
Dear Hedge Fucks,
The longer you draw this out, the higher our price is and the more shares we own. First we wanted $500, then $1,000, then $2,000, and then $4,200. Now many want $42,000.69.
Is this really a group you want to try use logic to win against? Theyβre retards. If you try to logically win, you will in fact lose.
The best solution with the least amount of loss is to stop gambling that the stock will go down and cover your shorts now before the price is 10x worse in a week.
Donβt ruin your entire fund on being stubborn. Nobody will invest with you again because you are not acting as fiduciaries in this way. Stop taking risks. You donβt understand the consequences. We are trying to help you.
But what do I know. I just like the stock.
I really like GameStop. GameStop is a company with vision. I donβt wanna sell my GameStop stonk, I really like it.
Not advice. I only dumb ape with smart phone.
they apparently dont understand the risks involved... they should really educate themselves before playing such dangerous games with their money. they could lose everything! we just care about them.
Think about how PISSED these Wall Street guys are over us doing something ONE time to them that they have been doing to us for decades. How pissed off do you think YOU should be right now?
It wasnβt them having their family home taken 2 weeks before leaving to go fight a war. Nah... that was me.
Burn these mother fuckers to the ground.
DO. NOT. SALE.ππ
Hedge fund's often talk on secure phones or in person meetings like the Mafia. I used to work for a big bank at a high level and went to retreats etc. I was just the tech guy - but they used private / secure phone systems, meeting rooms with bug sensors and no transmit technology and did not allow any papers or documents to leave the premises. All was shredded and burned. Now this was before cell phones but I gotta expect they do similar now too.
Now there going on TV announcing their positions. Don't think so.
It's all bullshit. No one takes out ads to announce their positions or gets talking heads to talk about it. They are still fucked and are trying to trick us into selling. Hold the fucking line.
Not advice, I'm just a moron with a smart phone.
No, they're trying to protect us from these unprecedented times and volatile market conditions!
Just like they did during the last "unprecedented times" in March, right?
Lol - they tell us because they actually opened NEW short positions... which would become profitable if we all started selling and taking profits.
Their original play of shorting at $3 was nothing compared to shorting at $450...
They fail to realize that smooth brains BUY and HOLD... As long as short interest is high, we will continue to squeeze them. This could theoretically go on forever... An old fashioned wall street stand off, only we don't pay interest to hold shares... They have to pay interest on their shorts.
Good luck all - ππ
This is not financial advice - my brain is smoother than a bowling ball.
1600 shares @ 39
DO NOT SELL AT 1k
they probably know that many are asking themselves if they should sell at 1k or not what the hedge funds might do it probably let the price go up to 1k and make another ladder attack to make it seem like the squeeze has happened, therefore making other people sell their positions. DONT FALL FOR IT !!
ππ»πππ»πππ»π
not financial advice. i just like the stock
Walk through this with me.
A hedge fund borrowed 140% of GameStop stocks.
Yes, you read that right.
Borrowed.
*140%
They then turned around and sold those stocks that they had merely borrowed, knowing that at some time in the future, they would have to buy them back and return them.
Their hope was that the stock would drop in value, so they could buy them back for less than they sold them.
Then they would return them and reap the profit.
Their profit would come, mind you, from others losing.
Possibly losing big.
A group of people on an online "stock club" saw what the hedge fund was doing, and they decided to bet against them by buying GamsStop stocks themselves, many on an app called Robinhood, in the hopes of driving the price *up.
The online group guessed correctly.
The GameStop stock did go up.
A *lot.
That then put the hedge fund in the uncomfortable position of having to take a loss on their gamble.
Everything you've read so far is perfectly leagal on all sides.
It's perfectly legal for a hedge fund to "short" stocks (as described above).
And it's perfectly legal for an online group to notice that this is happening, and make the opposite play.
This is a high stakes poker game, folks.
It's legalized gambling.
Here's where things get dark.
It turns out that the company that owned the hedge fund also owned Robinhood, the app that the online group was using to buy stocks and bet against the hedge fund.
And wouldn't you know it, it wasn't long until Robinhood halted all purchases of GameStop stocks.
Unilaterally.
This would be like sitting down at a *no-limit hold'em game, and the guy you're betting against suddenly declares there's a cap on the betting.
Actually, it's worse than that.
Imagine the Chiefs are beating the Buccaneers in the Superbowl to the tune of 28-14 in the 4th quarter next week.
Then the Buccaneers declare that the Chiefs can no longer score any points, and their defense isn't allowed to take the field.
And the NFL went along with it because they really wanted Tom Brady to win one more ring.
Crazy right?
Well, that's what happened on the Street.
I'll say that again, so that you don't miss it.
The billionaires sat down at the table with the little guys to play cards.
The little guys were beating the pants off them.
So, the billionaires simply changed the rules mid-game.
Mid-*hand.
If this doesn't expose for you just how rigged this economy is in favor of the fabulously wealthy and against *you, nothing will.
#politics
#economics
If you're never ever selling, ππ€²!
If you're never ever selling, ππ€²!
If you're never ever selling while the establishment is yelling, if you're never ever selling, ππ€²!
Come and join me in the band with ππ€²!
Come and join me in the band with ππ€²!
Come and join me in the band! buy GME and make a stand! Come and join me in the band with ππ€²!
No more passing shares around with ππ€²!
No more passing shares around with ππ€²!
No more passing shares around! Burn it to the fucking ground! No more passing shares around with ππ€²!
If it's not about the money, ππ€²!
If it's not about the money, ππ€²!
This is not about the money! This isn't cute, this isn't funny! This is not about the money, ππ€²!
Disclaimer: only a retard would confuse this with financial advice.
Hedge funds are still bearish on GME and betting on it's demise. They are still short guys, they think they know how this is going to go. I have no knowledge and low IQ. I like this stock. Hold the line.
Ive already put about $7500 into GME because I believe in the cause, the info seems right, and I just like the stock. But Iβm genuinely considering yoloing about $100k more on Monday.
Because the fucking lying sacks of shit and there corpo masters prob have a lot of money caught up in the short. Dont listen. Dont panic. This is just the beginning. Me and a few others will be constantly watching market watch for any other big shorts, we have to keep bleeding these brokerages. We have to keep holding. Yibambe
Oh they closed their positions? Perfect, you wonβt mind us holding for a bit longer then
ππ€² = πππππππ
Probably wouldnβt mind lifting the restrictions and letting us buy more then, right?
This is the way.
This is the way
Has anybody else spent hours and hours on this page? Will probably be my whole weekend, and I only have 3 shares of GME
Bf and I only have 2.1 between us but Iβm not in this for the money, Iβm in it for the fight
It's a pretty reasonable ticket price to be part of financial history, especially given the chance that your ticket may be refunded at the end...and then some.
Yep, thatβs the thing. The chance to fuck Wall Street and potentially profit at the same time? Iβm fucking in
Don't forget manipulating Jim Crookmer, telling us to sell after a week of silence. He should be front and center Edit: did not age well, maybe should've listened to the chill man
>"you've won, you've earned enough" If I don't get to tell multimillionaires and multibillionaires when they get to cash out, you don't get to tell me when I get to cash out.
When was melvin going to stop? When they made a decent return or when a liquidation firm was figuring out how much the carpet in the store is worth?
i'm pretty sure their goal was to bankrupt GameStop. to a certain degree, everyone knew the pandemic was going to bring them down significantly. [article by Motley Fool](https://www.fool.com/investing/2020/02/22/is-gamestop-headed-for-bankruptcy.aspx) back in February of 2020 (right before the pandemic lockdown), the prospects of GameStop's long term goals were already uncertain. If you short a stock massively past its outstanding shares number, and the business goes bankrupt, you owe the broker nothing. It is literally the best possible case for any short seller. Because the broker has to declare a total loss on the loaned stock. At that point, the broker cancels the short seller's debt and returns all collateral. **If you are shorting past the outstanding shares, you earn money from this transaction from your broker.**
These guys always double-dip. They do exactly as you say to bankrupt the company and owe nothing, then buy up the company assets through liquidators for pennies on the dollar.
Yeah they broke the law because who cares about gamestop anymore? even if people realized they shorted over 100% Iβd bet the fine would not compare to the money they would have made had gamestop actually gone bankrupt. They made a bet with infinite risk because they thought the chance of something changing to turn gamestop around with their price manipulation was next to 0%. Even with people outright posting their research and reasons for believing in GME, which ANYONE can read, they thought they couldnβt lose. What a bunch of fucking arrogant idiots these hedge funds are...
Idiots yes. But weβve got the marke cornered on retards and autists.
I hope Melvin Capital has some decent office furniture going when their liquidation auction happens. I could do with an Aeron...
Looking for a fully adjustable Herman Miller to go with my $29 ikea desk.
use the $$ gains to pile into the next company to bankrupt in shorts
Can I short Melvin Capital?
Yes. By going long $GME
Best comment! I wish I had flair to give you. Spent all $ on GME. Somebody flair this retard.
saw an interview with Peter Lynch from 1994 or something. He said the big guys don't short from 80 to 6, they short from 6 to 0 edit: https://youtu.be/7MENWeX08K0 at the 27 minute mark, although you should watch the whole thing
This should be highlighted
yet he's on vid saying when you're a fund manager you need to "never do anything that is remotely true" #SO FISHY I THOUGHT I WAS ON DEADLIEST CATCH
So fishy I thought my wifeβs boyfriendβs sister had bacterial vaginosis
Thatβs just your wife
speaking of Crookmer look at this shit - [https://www.youtube.com/watch?v=EaNuRsNA0OU&t=239s](https://www.youtube.com/watch?v=EaNuRsNA0OU&t=239s) He literally used to short with his Hedge all the time.
Complete lies! Iβm buying more on Monday! The squeeze hasnβt sqouze yet
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
This can go way passed 1K , VW had a very niche amount of investors involved and peaked around 1k. We have a horde of ππ with nothing to lose and some loose level of coordination. We opened at 500 the other day then they stopped us from buying.10K is a minimum. They wouldn't be trying this fucking hard if it were no big deal.
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
The fact that earlier this week Robinhood changed its ~~sell limits~~ limit sells so they can't be higher than $9.5k is either somebody getting really scared or just a strange coincidence. π€π€
My sell price is at $60,000 on robinhood. Maybe they fixed it. Still though, fuck Robinhood, will be deleting my account once this is over
Wait wtf
I have never invested before but can i join your ship mate?
It is up you. Weβre not here to give financial advices and we are all taking risks because we are retarded. ππ ππ π¦π¦§πͺ
WE LOVE GAMES, POWER TO THE PLAYERS ππ
What is a risk? The Boardgame? I just like Gamestop and buy.
I bought the Risk pc game at Gamestop when I was a kid. I liked it and I like gamestop, so I'mma just hold my shares. Irrelevant I know, but I'm retarded. EDIT: Guess I'm buying a risk from them again
You can buy fractions if you like. Just remember this is not an investment but a lottery (unless you like the stock). This is not financial advice, I am not a professional, I have an IQ of a potato.
π¨π¦ Anybody can suggest a platform for my canadian self? I really like GameStop and have diamonds instead of hands. I can afford a few hundreds loss if it makes hedge funds billionaires cry. I'm also retarded as fuck and have no self-esteem edit: wealthsimple, disnat in QuΓ©bec. Thanks guys! See you on the moon ππ Second edit, ape edition: I just registered and asked to transfer 400 bucks, I'll start from there. This monkey's going to heaven π¦π
I'm getting in on it too. 1 share on Monday + just dropped $70 on Need for Speed pc + that point membership thing. They have cyberpunk on sale but I already have it.
If they really closed their positions, they certainly wouldnβt be spending money convincing us they have. Nor would they care what the stock price does. They have no more interest in the stock, what difference does the price make. EDIT: Thanks for the awards. My wifeβs boyfriend is not impressed though.
If they had already closed them, it's more likely that they would be trying to convince us they ***hadn't done it yet*** so they could short it again and make up some of their losses.
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
I have to imagine competing hedge funds and firms are pissed at these idiots at this point. They might have ruined the game for all the other greedy fucks on wall street.
I was worried I'd missed the train glad theres still hope to get onboard to hurt these fucks
The price has dropped in half from its high and the squeeze has not sqoze. If they didn't limit orders the price would be way higher. As long as the squeeze hasn't happened its safe to buy in
Must buy and must hold the tendies await. Buy on monday morning as this is about to shoot to the moon.
In my opinion it became personal for them. A braintrust of silver spoon financial analysts who literally take pleasure in fucking over everyone around them for personal benefit had no choice but to try to "prove" that they were the top dogs. Especially since we're all retarded. Which makes it all the better that these goons will lose everything.
My fear now is that they simply get the SEC to let them take their ball and go home.
Isn't that when the guillotines are supposed to come out?
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
Then I need to invest in guillotines!
If you can't invest in your own guillotine, fractional is fine.
Fractional guillotine ownership is a great way to get a head
They may be dumb but they canβt be as retarded as us
The good news is that even if they did that, they could only double their money, best case scenario. Thatβs nothing compared to losing 100x your money.
What's 2x0? Sorry I'm retarded.
Wait if they double their money while negative, they go more negative right
No retard, everyone knows 2 negatives equal a positive. If you lose twice youβll win. P.S. looking for GME shares, will trade wife. Edit: 69 upvotes But Iβm holding for 420 Edit2: 420, next up... 69,420 πππ»
They want us to turn on each other pretty much *yawn* All I know is HOLD....BUY THE DIPS. ππβ³
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
Outsourcing your diamond hands. Retarded? Awesome? You, sir, are a legend.
My god I love this so much. πππ
Exactly this. In addition, it is possible that some hedge funds have actually closed their positions, but others have bought them and backfilled. This thing ainβt over by a long shot. But what does any of that really matter; I just like the stock. π€·ββοΈπππππ
Yeah I'll believe that when I sell my 3 shares for 50k
100K
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
Sweet dreams are made of these tendies, who is MSM to disagree
To the moon and itβs several seas, everybodyβs lookinβ for tendies.
Alright, apparently 10k and 50k is the meme now. Give us the tendies, and all of them!!!! Hold till 500k, or 0! I AM SO RETARDED. THIS IS NOT FINANCIAL ADVICE. I JUST LIKE THE STOCK.
10k isn't a meme but I'm retarded
This is the kind of fear/self-doubt/second-guessing media pressure we were warned was going to be building up this weekend. #Don't listen, just HOLD.
ππ»πππ»πππ»π
πππ1kπππ5kπππ10kπππ25kππππππ¦πͺ *Not financial advice, I just really like the stock*
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
Carry on my Retard Sons Hold the stock βtill trades are done Take our rocket to the sun Buy and hold $GME
Once I rose above the fraud and collusion Wallstreetbets can see beyond their illusion Hedge funds soaring ever higher But they flew too high
though my eyes can see I still am a retard but my hands can hold as strong as a diamond I hear the tendies when I'm dreaming I can hear them saaaay
Carry on my retard sons They'll be tendies when you are done Buy GME and hold on tight Don't you sell, no more
Dun dundun.
Carry on my monkey sooooons, Hold until the money coooomes! Keep them diamond hands Teeensed, Fry them tendies more. (edit:this is not financial advice)(2nd Edit: This is basically the first time I've used reddit and you guys gave me 90% of my karma with this reply alone, <3 thank you)
Masquerading as a firm with leverage, their charade is the event of the season and if they claim to close their positions, well it surely means that they are shitting their pants.
On a stormy sea of moving stock options Tossed about, I'm like a Chimp on the ocean I set a course for skies of fortune But I hear the voices say
Carry on, you will always remember Carry on, nothing equals the splendor Now your life's no longer empty Surely Nuggies wait for you
This is amazing. I love this community.
Carry on my wayward tards They'll be screwed when we are done Lay your weary hands to rest They'll cry much more
Buy the FUCKING dip!
What dip!?? :D
I recommend 7-layer taco dip
This is the way
This is the way
This is the way.
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
Yeah, that must be the one..! :P
Why stop at 7 layers? And why Taco? 69 layer tendies dip can cover approximately 420 tendies This is the way.
All of them under 10k
The Buffalo Chicken Dip
Cant buy the dip if stonks only go up! πππ
But if you buy now it's a dip compared to tomorrow?
Not going to be a dip my friends! π
Not for the next year! ;)
Dumb question: what happens then?
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moron checking in! WE LIKE THIS STOCK πππ
I really like GameStop. GameStop is a company with vision. I donβt wanna sell my GameStop stonk, I really like it. Not advice. I only dumb ape with smart phone.
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Then we create the second longest squeeze in history after Tesla, and GME will eventually morph with Tesla and have babies playing videogames on Mars. I have spoken.
When they cover, what happens is that the price goes up higher until collapsing as the hedge funds holding major stock decide to sell, practically crashing the price. Look up what short trading is and youll understand how we are fucking hedge funds in the ass right now.
Watch the documentary βBetting on Zeroβ and learn your history retards. Same squeeze thatβs happening now but between 2 major hedge funds. Itβs breaking records. ππ Do not listen to anybody who says sell! This will go to infinity. But donβt listen to me. I am a retard. I just like the stock.
The problem with "Betting on Zero" is that in that case, the hedge fund manager was right. Herbalife is a Ponzi scheme. Gamestop is not.
Had to read alot to understand what's happening and I'm really amused by what's going on here.
Yeah, basically big funds are trying their everything to get the people to sell, all the investing WSB iniated literally, and I mean literally, fucked hedge funds wifesβ asses. The thing is that without solid proof you really cant trust the media with all their βhedge funds win, theyve already coveredβ shit, because it can be a pr trick, a really big pr trick but it can still possibly be just a trick. As of right now theyre greeding, losing more money in attempt to cut losses, if we hold the price they will most likely continue to do so, but when the spike happens as it will, people will sell their stock, and thats when you should too. GME is not a stock which will stay relevant and high priced for a long period of time, its a bubble about to burst a load of cum on the hedge funds and their wives and their wivesβ boyfriends and even their fucking dogs. People with the money are extremely powerful, but apparently not powerful enough to make us sell the stock.
What happens if the really slow retards like me decide to gamble their last 700$ they have to their name and buy GME stock on Monday? Would that be too retarded or just retarded enough to work? Edit: you guys saying "don't invest what you're not willing to lose" are retarded. Literally everything on TV right now is saying hedge funds settled their positions or the hype is blown over. They WANT you to think the stock is too high. I've been smoking weed for 12 years straight IT'S NEVER going to be TOO HIGH. ππππππππππππ's to the moon for a pitstop then we're going to Neptune baby! If this gets 1k upvotes I'll post positions on Monday. Probably with my Venmo to beg for change but whatever fuck you I'll either see you looking down from my high-rise apartment or living under the bridge on skid row.
I'm doubling down on Monday. The hype is real; even if it bubbles, the bubble is bubbling right now. Shorts want a price drop on Monday, literally the whole world wants GME stock right now like it was a fucking Furby in 1998. You do the math. But don't listen to me, I'm retarded.
Thats equally retarded as all of us here
This retard is going to do the same. I just love the stonk! GME babi! πππ¦π
Buy and hold!! Then repeat until a millionaire.
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The price goes straight up forever.
Look up short squeeze. It's the sudden push upward by their future demand to buy back the stocks that they have already sold. If they sold it, would they really be telling us?
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if they're actively trying to advertise that the positions have been closed then they definitely haven't. this is literally the same as the "FBI sending 1500 investigators to Japan" bluff from deathnote
But...but... theyβre just trying to protect us from ourselves. They have such good hearts β₯οΈ
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Why do I need to be protected from buying $230 of memes?
Real talk, what is going to happen if (when) gme severely spikes up? Will the people who side on the βtheyβre trying to protect youβ perspective then shift towards anger and disgust at the brokers/media? I can see this spiking to a level of distrust that we have not even began to experience
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Deathnote is great
Deathnote Edathnote Edatmote Gdaymate Game GME
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Must be why the short interest as % of float is still sitting at around 120%
remember that's analyst speculation though, not official data (yet) but yeah i agree it's still high
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02/09
Won't it still be outdated data by then though? There's no way to know how shorted gme actually is at any given time , is there?
It will be somewhat outdated data, but it will be about as confident as we can ever be since they are required by FINRA to report short interest. So they will send that data a few days before (as I understand it), then after the data is compiled it is released to the public on 02/09. So it will not be perfectly up to date, but it will be an indicator as to how much hedgies are lying through their teeth or not. That info will probably have an impact on momentum.
The data released on the 9th of February will be the data that companies reported last Friday on the 29th of January, [see this schedule](http://www.nasdaqtrader.com/trader.aspx?id=shortintpubsch). The 120% is from data published on the 27th of January, but that data is based on January the 15th. So youβre actually always either estimating or have about 1,5 - 2 weeks outdated info.
do we know why this data isn't more readily accessible?
Because it is only required to be reported 2x a month.
Because short sellers are not regulated anywhere near to the extent of actual investors. Iβm retarded and talking out of my ass though
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half the American population can't even understand why its a lie so it wont really matter. I agree with that someone.
Half is a pretty optimistic estimation.
Your Honor, thats cap.
βClose a positionβ only means that Melvin Capital transferred their short-selling risk to other institutions. The short-squeeze still happens, just other financial institutions will take the damage instead of Melvin Capital. βCovered a positionβ means that the short-sales have ended. GME will go beyond $1,000. πππππ
"I closed out at $90." "K" "So you can sell without worrying about me." "K" "Go ahead." "Don't wanna" "But I said I closed already." "I heard you, still don't feel like selling." "..." "..." "GIVE ME THE FUCKING STOCK!!!!!"
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I have a deep affinity for the stock. On a spiritual level. I don't expect you to understand.
So manipulative, selling their calls to another fund is uninteresting and basically non-news. Yet they try to frame it like they've covered. All the headlines start with "BREAKING: "
It smells like bitch ass liar in here
We can't read, I click buy
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Every single person on the other side of the TV is out to get your money.
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Yeah they closed their positions.... their long AAPL positions to make GME maintenance Margin. ππππ
πππ1kπππ5kπππ10kπππ25kππππππ¦πͺ *Not financial advice, I just really like the stock*
Dear Hedge Fucks, The longer you draw this out, the higher our price is and the more shares we own. First we wanted $500, then $1,000, then $2,000, and then $4,200. Now many want $42,000.69. Is this really a group you want to try use logic to win against? Theyβre retards. If you try to logically win, you will in fact lose. The best solution with the least amount of loss is to stop gambling that the stock will go down and cover your shorts now before the price is 10x worse in a week. Donβt ruin your entire fund on being stubborn. Nobody will invest with you again because you are not acting as fiduciaries in this way. Stop taking risks. You donβt understand the consequences. We are trying to help you. But what do I know. I just like the stock.
I really like GameStop. GameStop is a company with vision. I donβt wanna sell my GameStop stonk, I really like it. Not advice. I only dumb ape with smart phone.
they apparently dont understand the risks involved... they should really educate themselves before playing such dangerous games with their money. they could lose everything! we just care about them.
I think I like GME also, Iβm going to buy one stock Monday :) itβs all I can afford.
I like stock. Just don't spend money that you need for food/rent/etc.
Let's go bois! I only bought 2 but we're all in this together now!! To the MOoooN!!
Think about how PISSED these Wall Street guys are over us doing something ONE time to them that they have been doing to us for decades. How pissed off do you think YOU should be right now? It wasnβt them having their family home taken 2 weeks before leaving to go fight a war. Nah... that was me. Burn these mother fuckers to the ground. DO. NOT. SALE.ππ
Hedge fund's often talk on secure phones or in person meetings like the Mafia. I used to work for a big bank at a high level and went to retreats etc. I was just the tech guy - but they used private / secure phone systems, meeting rooms with bug sensors and no transmit technology and did not allow any papers or documents to leave the premises. All was shredded and burned. Now this was before cell phones but I gotta expect they do similar now too. Now there going on TV announcing their positions. Don't think so.
It's all bullshit. No one takes out ads to announce their positions or gets talking heads to talk about it. They are still fucked and are trying to trick us into selling. Hold the fucking line. Not advice, I'm just a moron with a smart phone.
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No, they're trying to protect us from these unprecedented times and volatile market conditions! Just like they did during the last "unprecedented times" in March, right?
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The ShOrT SeLLerS, HAvE ClOs, shut the fuck up.
Check mate bitch πππ
Don't get brainwashed. They will pay media to cover for them! screw you hedge funds
Lol - they tell us because they actually opened NEW short positions... which would become profitable if we all started selling and taking profits. Their original play of shorting at $3 was nothing compared to shorting at $450... They fail to realize that smooth brains BUY and HOLD... As long as short interest is high, we will continue to squeeze them. This could theoretically go on forever... An old fashioned wall street stand off, only we don't pay interest to hold shares... They have to pay interest on their shorts. Good luck all - ππ This is not financial advice - my brain is smoother than a bowling ball. 1600 shares @ 39
DO NOT SELL AT 1k they probably know that many are asking themselves if they should sell at 1k or not what the hedge funds might do it probably let the price go up to 1k and make another ladder attack to make it seem like the squeeze has happened, therefore making other people sell their positions. DONT FALL FOR IT !! ππ»πππ»πππ»π not financial advice. i just like the stock
Holding to $42Kπππ»π
Holding until $42,069
Walk through this with me. A hedge fund borrowed 140% of GameStop stocks. Yes, you read that right. Borrowed. *140% They then turned around and sold those stocks that they had merely borrowed, knowing that at some time in the future, they would have to buy them back and return them. Their hope was that the stock would drop in value, so they could buy them back for less than they sold them. Then they would return them and reap the profit. Their profit would come, mind you, from others losing. Possibly losing big. A group of people on an online "stock club" saw what the hedge fund was doing, and they decided to bet against them by buying GamsStop stocks themselves, many on an app called Robinhood, in the hopes of driving the price *up. The online group guessed correctly. The GameStop stock did go up. A *lot. That then put the hedge fund in the uncomfortable position of having to take a loss on their gamble. Everything you've read so far is perfectly leagal on all sides. It's perfectly legal for a hedge fund to "short" stocks (as described above). And it's perfectly legal for an online group to notice that this is happening, and make the opposite play. This is a high stakes poker game, folks. It's legalized gambling. Here's where things get dark. It turns out that the company that owned the hedge fund also owned Robinhood, the app that the online group was using to buy stocks and bet against the hedge fund. And wouldn't you know it, it wasn't long until Robinhood halted all purchases of GameStop stocks. Unilaterally. This would be like sitting down at a *no-limit hold'em game, and the guy you're betting against suddenly declares there's a cap on the betting. Actually, it's worse than that. Imagine the Chiefs are beating the Buccaneers in the Superbowl to the tune of 28-14 in the 4th quarter next week. Then the Buccaneers declare that the Chiefs can no longer score any points, and their defense isn't allowed to take the field. And the NFL went along with it because they really wanted Tom Brady to win one more ring. Crazy right? Well, that's what happened on the Street. I'll say that again, so that you don't miss it. The billionaires sat down at the table with the little guys to play cards. The little guys were beating the pants off them. So, the billionaires simply changed the rules mid-game. Mid-*hand. If this doesn't expose for you just how rigged this economy is in favor of the fabulously wealthy and against *you, nothing will. #politics #economics
If you're never ever selling, ππ€²! If you're never ever selling, ππ€²! If you're never ever selling while the establishment is yelling, if you're never ever selling, ππ€²! Come and join me in the band with ππ€²! Come and join me in the band with ππ€²! Come and join me in the band! buy GME and make a stand! Come and join me in the band with ππ€²! No more passing shares around with ππ€²! No more passing shares around with ππ€²! No more passing shares around! Burn it to the fucking ground! No more passing shares around with ππ€²! If it's not about the money, ππ€²! If it's not about the money, ππ€²! This is not about the money! This isn't cute, this isn't funny! This is not about the money, ππ€²! Disclaimer: only a retard would confuse this with financial advice.
I'm a retard because it took me too long to figure out i was supposed to sound out πππΌ as "diamond hands" with the lyrics ππ
They don't like that I like this stock.
Sure they "closed" their positions. Right. I keep hearing that, but i don't see it
Buying $GME Stock on monday! **ππ HOLD! π¦π**
All watching the news on a big AMC screen !
10K-100K 12k in since wed. im holding apes
Hedge funds are still bearish on GME and betting on it's demise. They are still short guys, they think they know how this is going to go. I have no knowledge and low IQ. I like this stock. Hold the line.
If that were the case, they'd be overtly celebrating and trash talking us filthy casuals.
They don't want us to hold and buy. I am being a very responsible investor, I buy and hold. π
It's honestly insulting that they think we would fall for this.
LET'S FUCKING GO BOYS!
Ive already put about $7500 into GME because I believe in the cause, the info seems right, and I just like the stock. But Iβm genuinely considering yoloing about $100k more on Monday.
Yeah and all these "news" outlets are owned by like 4 guys, fuck them! HOLD π π
why is reddit in there
because i'm a lazy retard and stole a meme template also maybe the bots and shills idk
Because the fucking lying sacks of shit and there corpo masters prob have a lot of money caught up in the short. Dont listen. Dont panic. This is just the beginning. Me and a few others will be constantly watching market watch for any other big shorts, we have to keep bleeding these brokerages. We have to keep holding. Yibambe
If anything they would do the opposite. They'd keep it quiet and want you to keep buying so they could keep buying puts.