/biz/ - Business & Finance

>>26621309
The jews will declare bankruptcy and avoid paying anything. Biden admin kikes make up some arbitrary rule that fucks everyone except them and he will sign it.
Nobody makes it.
That said im buying some in the open anyway because idgaf.

>>26621309
take muh stronghand anon

>>26621910

how the ever-loving fuck would that be possible. Wouldn't a bank or federal bail-out be forced upon them to pay?

>>26621309
The endgame is hold until short interest goes from 138% to a reasonable level of around 40%.

SEC Delisting

>>26621309
Crashing this hedge fund with no survivors.

>>26621309
SEC delist. Bailout. Options trading for accredited investors only. Google/Apple ban Robinhood app.

>>26622193
>be forced upon them to pay?
>paying infinite amount of money
desu I have no idea

>>26621309
they will just rig it like they rigged the election. its just numbers in a computer.

>>26622399
>Options trading for accredited investors only
that will never happen

>>26622278
>>26622399
What happens to your share with delisting ?

>>26621309
>> What are possible scenarios for Friday and down the line?
unironically it will be pinned down on China / Russia trying to crash the US economy
r/wsb will be shut down

The endgame here is that you sell at open tomorrow. Digits confirms this is the correct strategy.

>>26621910
This would literally destroy the stock market.

>>26622606
Most likely scenario desu

>>26621309
Delisting on Friday.

>>26622193
>this is clearly far right econo-terrorism
>we must stop this
>all debt is void, you need to get special clearance to invest from now gg

>>26621910
That would mean Goldman, JPM, everyone who has a stake in these going bankrupt.

>>26622673
hi schlomo

/wallstreetbets will be banned because of antisemitism

>>26622193
>how the ever-loving fuck would that be possible.
Gee, I wonder how

>>26622702
>>26622481
>>Printing 1/4 of all USD ever printed in 6 months will never happen and will destroy the stock market.

How does $1M for a share of GME by EOM sound to you?

So were there EVER short squeeze that high ? what happened ?
The Vowlkswagen thing in 2008 was small time compared to this

>>26622929
retarded

>>26621309
So what's the idea, sell on Friday?

>>26623027

IDK I came here to find out. What happens if the SEC delists them?

>>26622998
it was not, the Short interest ratio was way higher back then, also no significant retail investors

>>26623126
unironically riot and go out in the streets. this is the biggest threat to open market capitalism

>>26623200

the fact that it's a theoretical black swan makes this all the more gloomy. I'm not even in the States.

>>26621309

GME is a hold until we topple the system.

Stop buying into slide threads.

There is only 2 outcomes... Mooning and being worth ungodly sums or the fed allowing all trust to dissolve in the stock market by getting involved and playing games.

Do you think the jews will let that happen over one stock? kek

Pic related

When's the next GameStop shareholders call?

>>26623159
so do we know exactly what happened on that day ?
I saw the price skyrocketed obviously, but do we know if the shorters were able to cover all the shares ?

>>26621309
End game is to make them more valuable than Apple, google, and microsoft

>>26622854

Ctrl+F + "Plot"

> one of the investors is named "Plotkin".

https://www.bloomberg.com/news/articles/2021-01-25/gamestop-short-sellers-reload-bearish-bets-after-6-billion-loss

>>26622885
>$460,000,000,000
so we are just making shit up now?

>>26622782
So, a Great Depression?

All I know is this level of enthusiasm and jubilation is NOT sustainable. Strap in because we are about to see some serious shit

>>26623429
not unless you know the exact SI%. hard to predict since info regarding SI% comes out every 2 weeks. I don't know how reliably ortex is but someone should check

>>26622782
Oh they have a stake alright. But they are longing.

>>26623417
Lmao this is a good question

>>26622513
>>26622399
>>26622278
when a stock gets delisted, the share holder still owns the shares. that also doesn't magically void all contracts and actually screws the hedge funds since now they have to obtain 130%+ of the shares through over-the-counter trading

>>26623417
They haven't announced, but historicaly around 3/25 I think

>>26621910
that's not how bankrupcy works. you have to declare a specific chapter of bankrupcy and someone still has to foot the bill

>https://www.gamestop.com/
>it's down

>>26623637
fucking this
don't get fucked up by this, ESPECIALLY if you are outside of the US, where I guess you won't be able to get protected by the US gov is shit goes south

>>26623917
works on my pc

>>26623917
>Access Denied
>You don't have permission to access "http://www.gamestop.com/" on this server.

>Reference #18.7ed86b68.1611711611.2143d06

HOLY SHIT

So do I set the stop limit at 10k or 100k?

>>26624265
set it at 1M

Thanks for the money BTW

I'm dumb. Explain. I simply buy some GME stock, set my sell price at $1k and profit?

>>26624265
1M

>>26624518
It really is simple:
Buy High
Sell Low

>>26624518
what the fuck are you even doing here?

What are some realistic predictions for this?
>will there be a pullback to ~150 tomorrow
>will this operation even last until friday or will normies and niggers sellout once they get $500

>>26623582
If this happens you can all come live on my farm in new zealand

>>26622844
Based

>>26624545
>>26624329
Wouldn't the economy get hit with massive inflation if they just bought it at 1 million a stock?

>>26624617
The normans have invaded. We heard there was a party.

Dumbass here

Im in credit debt but want to help out. What do? Blow my load on GME and pray? What happens after Friday and beyond?

>>26624770
AMC

>>26624770

>>26621309
The stimulus checks should be given to the hedge funds.

>>26624770
Get new credit cards with as many banks as you can and max them buy gamestop

>>26622399
What happens to my stocks if RH is banned?

>>26621910
You don't get to avoid paying just because you declared bankruptcy. Melvin Capital has 20 trillion in assets. They're all going to be liquidated. Visa and Twatter were the big names I saw, those prices are gonna crash with so many shares on the market. Whatever Melvin can't pay, his bank who co-signed his loan will. Cohenkikes already injecting him with capital. And it's possible that investors will target him directly by piercing the corporate veil when he can't pay more.

>>26624664
It obviously won't rise to 1M. Short sellers would go bust, big players get bailed out and it's business as usual in the United States of America

>>26624852
Is there a way that we can contact the bigwigs of melvin capital. You know, to send them some get well soon cards

>>26624920
They will be

And then we'll make them more that too

This our economy now, dog.

>>26621309
POWER TO THE PLAYERS
>>26621910
>>26622193
>>26622702
from an ideological perspective there are many parties who would say that forcing the Biden administration to so openly interfere on behalf of the wealthy evil 1% is a great propaganda win.

>>26624852
OH NONONONONO MELVIN BROS HOW COULD THIS HAPPEN?

>>26624875
Ok cool im going to start learning about investing quick. Probably not worth risking immediate assets at this time but i will put something in here. I need robinhood and im good to go or what?

>>26624885
:( i didnt want to grow up poorly educated and baited

>>26625078
Based. Better increase taxes to pay the hedge funds back

>>26625050
They've got offices listed on their website

bros?????


https://twitter.com/elonmusk/status/1354174279894642703

>>26621309
>kikes try to set up a scheme to run off with taxpayer money through GME
>internet financial activists see what's happening and join in
>more people join in and a push forms to stop it from happening
>kikes make their short but they completely blunder it and the stock climbs to the sky
>hedge fund running it is running on loans from other hedge funds
>multiple hedge funds will be forced to file bankruptcy
>either kikes get fucked and wealth is reallocated to the people (not likely) or
>feds print money and bail them out, causing even more economic damage and instability when we're still waiting for the full economic fallout of the absolute shitshow that was 2020
In other words, A C C E L E R A T E

>>26623917
>After hours.
>209.

>>26624940
Im familiar with good debt im autistic and retaded enough to do this but i need to know why its sound

>>26625200
Do you think they wpuld appreciate pizza? Actual pizza.

>>26624660
There will be a mass sell off when it reaches critical mass and people begin shitting themselves about being left holding the bag

>>26622606
That would alienate people from Biden's administration even more, and this time it will be poor leftists who will suffer the most.
A couple of similar moves and Biden's days are gone.

>>26623404
>no $1488 asks

>>26625410
we must secure them

>>26625327
No point sending them anything, by the time you send it their offices will be on the market

>>26622371

>>26625310
Its not. I was memeing. Don't do what donny dont does

>>26621309

>>26621309
SELL ON FRIDAY DUMMY

>>26623917
Poetry
It rhymes...

>>26625207
So the bog meme is unironically real? Ehy invest at all? Asking as a /biz/ newfag

>>26621910
That's not how bankruptcy works. You can't just declare bankruptcy and worm your way out of all debts. If Melvin has any assets (and they do, a ton) they need to liquidate them to cover their debt. In this case, that means selling their longsto cover their GME shorts

So, I saw this on another thread and copied it because I thought it was interesting and kind of an extreme take. I would also like to clarify that I am personally invested in Gamestop because I truly believe it is a company with amazing fundamentals and a great future. Anyways:

"ANONS LISTEN UP! CAPS LOCK FOR CRUISE CONTROL ENGAGED

WATCH THIS IF YOU'RE RETARDED AND NEED A RUN-THRU:
https://www.youtube.com/watch?v=4EUbJcGoYQ4&feature=emb_logo[Embed]

FRIDAY IS NOT THE *BIG* DAY, THAT IS JUST ONE SMALL SQUEEZE
DO *NOT* SELL FRIDAY

THE SHORT SQUEEZE WILL PLAY OUT OVER THE NEXT 1-2 MONTHS AND MAYBE LONGER
THE LONGER YOU SIT ON STOCKS, THE MORE INTEREST ON LOANS HEDGES HAVE TO PAY ON THEIR SHORTS
WHEN THAT HEDGE CAN'T PAY AND GOES BELLY UP, THE RESPONSIBILITY MOVES UP TO THE LENDER WHICH BOUGHT THE SHORT
THE SHORT KEEPS MOVING UP THROUGH EVER LENDER WITH MONEY, ACCUMULATING INTEREST, UNTIL THEY CAN BUY THE SHORTED STOCKS
WE ARE HOLDING POTENTIALLY ENORMOUS WALLSTREET ENTITIES AT RANSOM!
THERE ARE POTENTIALLY UNTOLD AMOUNTS OF CAPITAL TO HEMORRHAGE FROM THE BANKS

MELVIN CAPITAL JUST GOT COVERED FOR 3BIL AND IT'S ALREADY FUCKING GONE

ALL THAT MONEY WALLSTREET HAS BEEN SIPHONING UP OVER THE PAST DECADES IS NOW UP FOR GRABS
THE LONGER WE HOLD THE SHARES, THE MORE INTEREST THE SHORT ACCUMULATES, AND THE MORE TENDIES WE GET FROM THE BOOMERS

BUY AND DO *NOT* SELL, THE STOCK VALUE IS NO LONGER DEPENDENT ON GAMESTOP'S PERFORMANCE AS A COMPANY, BUT BASED ON HOW BADLY THE OWNERS OF THE SHORT NEED TO OFFLOAD IT TO STOP ACCUMULATING INTEREST ON IT

THINK OF IT LIKE CROCODILES FUCKING UP ZEBRAS
SOME GROUP OF LENDERS OWNS THESE SHORTS, AND HAS THESE HEDGES STUCK IN PLACE
THE LONGER WE HOLD THEIR HEADS UNDERWATER, THE MORE THEY'RE WILLING TO PAY FOR AIR
IF YOU SELL EARLY YOU ARE GIVING THEM AIR, THESE SHORTS *HAVE* TO BE PAID AND WE WILL EAT HEDGE FUND AFTER HEDGE FUND UNTIL OUR HUNGER FOR TENDIES IS SATED

DO NOT SELL FRIDAY"

>>26625386
They don't care if people like biden. He'll step down soon for prezdent k-dawg

>>26621910
Biden doesnt even have power lol its a show and military is in control
>inb4 qtard
Biden is shitting his pants right now if he even has a single iota of whats going on because he will get blamed

>>26625460
Ive lurked enough pink wojaks to see its mostly all meming. Thanks for further clarifying

There’s no end game, just don’t sell and Wall Street dies.
Literally “game stop”, buying it is the end game.

>>26625005
that would cause a cascade of tanking from all the big digit liquidations.

even if the fed bails them out, they would be pissing off 5 million investors who bought in to GME. it would shatter the illusion of the stock market as being legitimate. they can't just reset the game when they are the ones losing, there would be massive litigation if not worse. they're completely fucking fucked.

this is hilarious. i hope it tanks the entire fucking god damned market.

>>26625568
The whole administration will be damned, people are not that retarded to not see that this senile man is just a puppet.

>>26625633
This all could have been avoided if they just let us play our games in peace.

>>26621910
Their broker will be on the hook for infinite upside.

Would it be better to buy the farthest OTM calls for Friday tomorrow at open?

Or Just buy shares?

I think gamestop is a good company. The ps5 just came out. I have 11 shares already that I bought at 230. I also have this stupid rule on Fidelity.

>>26625633
The end game is to make gamestop the largest company in the world. They will initiate a hostile take over of disney.

>>26621309
BOOBA!!!!!!!444444

>>26625550
Did you do the math or are you just pulling shit out of your asshole. Why am I even asking?

>>26625780
Buy the share and then buy calls @ 200 when they dip OTM. Take profit on calls but not the shares.

>>26625725
I bet you 1 GME share that people are retarded enough

>>26625828
In the first line he says he copied it from another thread.

>>26625550
This, the potential is too high, we can make back the money that they sucked up shorting with insider trades on coronavirus.

>>26625828
It's literally someone else's take you absolute mong

So wait, how long do we hold this for?

What happens if that Bury guy decides enough is enough and sells all this shares through this week? Is his volume enough to depress the price of the stock to the point where the rest of you get fucked?

>>26621309
BUY BATTLE TOADS!! HEDGE YOUR BETZ!!

>>26625976
>>26626041
The point still stands.

>>26622371
basically they are forced to pay whatever the internet tells them too because they short sold, right?

basically the limit of this is when the market cap reaches the total wealth of that trust fund, is it possible to know that?

>>26621309
They Buy Friday, Everyone Sells
or, everyone Sells.

Afterwards, who fucking knows, we've opened Pandora's box here

>>26625550
>AND THE MORE TENDIES WE GET FROM THE BOOMERS
It's the gift that keeps on giving. Gameshoah will also ignite the boomercaust.
It's so utterly transcendantly based.

Is there a publicly traded fund shorting GME, if so it makes sense to short them no?

>>26622513
You can still trade them OTC. Your broker might charge you some maintenance fees, but it usually isn't enough to fuck you over unless you hold too long.

>>26621910
>That said im buying some in the open anyway because idgaf
Absolute based

fuck boomers
fuck kikes

>>26622673
Why do you care when I sell? Either you're already in the money yourself, which who gives a fuck if I hold the bags? Or, and hear me out, you're still holding onto OTM puts hoping it'll crash so you can exit without losing everything.

>>26625410
It's the forbidden price. You can't place an ask there.

reminder that all stock trading is ultimately a ponzi scheme and the people telling you DONT SELL is because they can, at a loss
your loss
to make you the guy who lost 2x instead the one who won 5x

How in the fuck has this never happened before? Wouldnt the juuz just have some sort of legal protection from this shit?

What did twitter mean by this?

>>26622399
You forgot the second half
>public is furious
>public distrust in the system ATH
>terrorism, assassinations, regime change
>USD plummets to near zero
>Hitler 2
We just wanted to play video games

>>26626103
no, elon just tweeted it. normies were only made aware today, there is so much new money coming that his position doesn't matter.

multiple hedge funds are going bankrupt over this. this has the potential to 2008 the entire stock market.

>>26625489
Underrated

>hedge fund manager bets against GME, a company with years of downward trajectory
>people artificially inflate the price not because the company is financially sound but because it's funny
>people think this is okay
Explain how we're the good guys here

>>26625572
why do you actually still think this
I gave up and stopped paying attention on the 20th

>>26622399
Unauthorized trading declared to be a form of domestic terror.
Half of /biz/ arrested and sent to camps in the tundra near Winnipeg.

>>26626702
We're fucking over other people, that's how we know we are the good guys. I am using the term people very loosely, they are Wall Street worms

>>26626702
cause it IS funny

>>26622782
No chance they are shorting GME.

>>26626702
Answered your own question
>because it's funny

>>26625386
>2 more weeks and Biden is done

>>26622885
Based

>>26626702
Explain how hedge fund managers making money off Gamestop employees losing their jobs more noble than us bankrupting some dickhead millionaire boomer? Fuck off, newfag. You have to be 18 to post here

>>26626839
>>26626857
I mean if potentially tanking the entire market is funny, then you do you, and I guess I'll look forward to the inevitable red wojak flood.

>>26626702
Because you're not supposed to short 140% of a fucking stock without owning any of it yourself. These people literally kept the company down artifically so they could profit, thinking noone would punish them.

>>26621910
This is pretty much it. But I believe even if they declare bankruptcy, that just means their financier is on the line to cover the stock.

>>26624661
Nice try satan, but you're 5 digits short

>>26625200
Thanks mate. I sent them an email explain I am a saudi prince and im willing to help them out of this jam as a pure act of friendship. But first I need them to send me the 4 most beautiful daughters of their employees. Hope they accept my offer

sell before friday for guaranteed gains
nobody knows what the fuck is gonna happen on friday, but maybe you want to keep some to be a part of history
maybe SEC steps in and stops shit from hitting the fan
theoretically, since the shorts shorted more than available stock (illegal), the shorts must fulfill their options and will have to buy whatever the fuck the price of the stock is on friday, and they're gonna also help pump the price in their attempt to do so, which might create a scenario where the stock literally is just printing money at the expense of billionaire hedgefunds

>>26626112
the chaos froge returnith

>>26624852
Does this mean buy BABA?

>>26621309
the end game is those sweet sweet dividends

>tfw kinda wanted to get into trading for years but never got around to it
>miss this

>>26625310
Credit card debt isn’t good debt dumbass.

>>26621309
am I retarded to buy some right now for marginal gains...im fucking poor

>>26627063
>you do you
>>>/twitter/

>>26625675
>Power to the players

>>26626112
This is the only reason I am going to buy at the open

I see this announcement, "BAEX is a new pearl," almost everywhere. Did you see that? I checked this system, this is a defi binary system with fantastic indexes, shares, fiat & crypto pairs. Does anyone use it? They also offer a bonus program to earn on the invitations: #baex

The endgame is GME hitting $34,000 and becoming the most valuable company on the planet because Gamestop is our only hope of setting up a functional government.

Then options are fucked with and regulated in stupid ways making normies unable to play while big corps keep gambling printed Fed Money to destroy american businesses.

Then everyone buys crypto and the value of the dollar goes to 0.

>>26622399
think they have or is it a diff name

>>26621309
R*ddit hive is moving into AMC, BB, and Blockbuster. GME will have hard cashouts in the coming days

diamond hands

>>26621309
There's gonna be a massive selloff Thursday, you're retarded if you think every single whale posting huge positions on wsb is going to hold until friday. Greed always wins out.

>>26627532
This.

People want their money. They arent going to willingly crash it and be left holding the bag.

>>26627532
blockbuster is coming back?

>>26624660

This, the Bets subreddit is betting on people involved holding, but have you seen the damn rate at which the sub is growing? The ranks of the autists are being padded with normies that want to make a quick buck.

>>26627532
>>26627602
>>26627651
Good, so I will have an opportunity to buy the dip and fly to the moon with it. Cowards need not join

>>26627532
>>26627651
>>26627602
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MY SHEKELS
STOP BUYING GME

>>26627232
its not too late. you can get a 1000 dollar credit on robinhood tonight. thats what i did

>>26627532
>Blockbuster
Fucking what? Kek

>>26622399
Delisting will achieve what exactly? We still own the shares.

They won't ban robinhood because wall st still makes money from retail at the end of the day.

Also, Blackrock jumped into this trade, so other hedgies are going against Shitron as well.

>>26623159
Little different what happened then.
In 2008 with VW, Porsche intentionally swept in all at once and snapped up a massive amount of shares, upping its ownership of VW's available float from ~30% to over 70% and thus drastically squeezing share supply. They then launched an announcement of the move on a Sunday to intentionally set off an investment firestorm among the panicking shorts for market open on Monday that then blasted the price higher until VW became the world's highest-valued company.
Porsche made out like bandits, as was their plan. The difference there was that it was a single entity using financial engineering for a singular benefit - gaining a much-needed injection of cash during the financial crisis. This began differently, although a lot of big firms - BlackRock, I believe Berkshire - have upped their stakes in GME significantly today, and thus plan to "Porsche" the stock in a similar fashion. I imagine GME will have a similar explosive surge on Friday as a result, and that the big winners will be the investment firms that bought in today/yesterday, far more so than the retail investors (who don't control anywhere near as much holding in the stock)

>>26627076
This. They should never have been allowed to do it in the first place. It’s putting the spotlight on wall streets tricks and they’re getting fucked in the ass with their own playbook.

>>26625572
Mega cope

Guys I'm a retard, why is Friday an important day?

>>26626594
You guys let the entire country be hand over to senile pedophile who was cheated into office. If that didnt cause regime change or hitler 2 fucking nothing will. get it in your head that burgerland is fucking over. btw the masks you're wearing literally off-gas fluoride. retards.

>>26622399
Options trading are extremely dangerous to our democracy.

>>26627811
Post position or shut up. All it takes is one of the guys sitting on 20k shares or so to say 'eh ok, that was fun I want money now' and the cascade starts.

>>26622673
hi Melvin
guess what
I'M NOT FUCKING SELLING

>>26628070
Doomsday for shorts.

>>26628070
day of the rope for bobo

>>26628127

Can you explain why people say to wait for Friday? I'm new to the stock market (yes I came into this to make a quick buck)

>>26627532
Back in my day we called this raid sonny

My guess is some kind of freeze/bailout. Stock trading frozen, fatcats let off the hook and made to settle in cash on the frozen amount.

>>26628194

Oh does the hedge fund have to pay up then?

>>26627974
Ok fags here’s the deal. GameStop is rebranding to Endgame and they will rollout a monolithic hardware software as a service that will capture the data of every gamer for battle ai for our war with China. Musk is going to use his juice to pump his Mars bags and preemptively kneecap chinese upstarts. The Mars race is his to win and the Chinese are the only obstacle. Remember to never ever sell. Anyone who doesn’t understand the implications of this and is holding btc is getting rekt. This is gonna flip Amazon. Boggs will bankrupt every central bank on earth and you will just watch? Or do you wish to profit?

>>26628070
Contract expiration dates. It's when the shorts have to pay up for their gambles.

Endgame of Gamestop?
(((They))) need the game to stop at some point this way they can offer their microdot tattoo vaccine passport/world central bank crypto wallet

>>26628211
On Friday the hedge fund has to come up with the shares somehow. This is currently impossible, because the current price would bankrupt them.

>>26628255
*a raid

>>26621309

>>26628211
Short positions are due for expiration. Ie, the short sellers' bills are due. They have to pay up for the amount they borrowed in order to short, and because the stock's appreciated so intensely, they're going to be severely - catastrophically - in the red. Everyone on the other side - the longs - benefit.
Not entirely that simple, but that's the gist of it.

>>26628211
Because friday is when Melvin has to buy back. Its game over at that point and everyone loses

Theyre saying wait to friday to pump the stock price to critical mass and then sell at the last minute and leave normies like you fucked.

Youre being pumped and dumped

>>26628211
Melvin (hedge fund) promised to buy a large amount of GME stock shares at market close Friday. They have to buy it no matter how high it goes, so the idea is to collectively float it and fuck them over.
I think hedge funds are full of crooks but the idea that GME hoarders are going to just let it ride until Friday when some of them are up 500% right now is preposterous and ignorant of human nature

>>26621309
to make funkopops the new gold standard

>>26628358
What if they just don't come up with the shares?

1) Hedge funds go bankrupt on Friday.
2) By law, the hedge fund's brokerages must cover shorts after bankruptcy.
3) Brokerages threaten bankruptcy, with catastrophic consequences.
4) Fed prints money to bailout brokers, which use the money to buy GME at whatever price is listed.
5) Money printing threatens to cause inflation, so wsb puts their fed money straight into crypto.
6) A big mac costs $1m, 1 BTC is $1q.

if GME has a shelf offering they can offer additional stock if the ceo is given an incentive to do so allowing the shorts to buy on the offering and cover their shorts. just a thought.

>>26627902
How do you get the credit? Does it have to be paid back?

How is GME worse than Tesla? Jews lost $40bi shorting Tesla last year.

>>26625200
Sorry about the stonks, get well soon.

>>26628497
They go into bankruptcy and all assets are liquidated to pay debts. Their backers - Citadel, etc. - are also gonna be in a world of trouble.

>>26628475
fuck off

>>26628471

Okay so best option here is to do a hail mary tomorrow that the normies will pump up the stock for a day, and then sell on thursday?

>>26626807
Lol fucking Winnipeg

>>26628519
110M vs the current valuation vs the sheer amount of stocks shorted. This attempted squeeze is due to the amount of shorts on GME.

>>26628673
Yes, correct. do NOT wait till friday. You will still make money

>>26627063
Millennial and zoomer investors have decades before retirement age to weather the storm. Croaking boomers who got rich rigging the system at the expense of future generations get what they fucking deserve.

>>26626568

>>26626594
Is this good for bitcoin?

>>26628673
Wait for a dip. Probably coming early in the morning around/shortly after open as some positions get sold given how GME boomed after hours.
And as always, unless you're one of the wsb faggots, don't go in with money you can't afford to lose.

>>26621910
The market maker has to step in to cover the short sellers lose. It is up to the market maker to pursue the short seller if they get bankrupted

Newfag here
is this legit going to hit $1000?

>>26628456

Will stock value go up when they have to cough up their money?

>>26628809
Potentially. VW followed a similar path in the 2008 eruption.
Depends if the big holders like BlackRock decide to cut bait early or wait for the Friday meltdown. I imagine some retail fags will probably dip out before then as well.

>>26628809
nobody knows, it depends on the collateral damage this will cause to hedge funds

true, but if the regulators and the ceo are both bought off whats to say they couldnt offer directly to the shorts 100mm at .01? these are scumbags.
i could be retarded.

>>26626568
bruh

>>26628809
Peak 400ish. Anything higher is only possible if EVERYONE holds. Prisoner's dilemma means people will cash out.

What's going to happen to Gamestop after all this?

>>26628471
Nice try Melvin. You keep up these shenanigans and I'll raise my limit sell to $1M per share.

someone walk me through on buying GME and selling it. should i just get robinhood and buy GME stocks? when should i sell if i were to do this?

>>26628471
>>26628714
This is the safe option.

Hard Mode is that the clowncore division double down and buy the dip after the casuals cash out and absolutely drive it up beyond all sanity and reason for the rest of the year, taking down as many boomers as possible in a flaming ultraviolet Jihad

>>26627974
>Porsche made out like bandits

Are you retarded? Porsche tried to take over the much bigger VW with their move, but the short squeeze fucked them so hard in the ass that they woulve have gone bankrupt instead. Ironically, they were bought up (and saved) by VW.

>>26625327
Send them pineapple anchovy pizza

>>/biz/thread/S17672996#p17674959

>>26625675
Find out who Melvin owes monies to?

>>26628650
Anon, I'm telling you, I don't like Melvin jews either. but this is going to play out exactly like a ponzi scheme in the next 48 hours.
And well, even if I'm wrong, this will set off a dip that allows me to buy everything else on the cheap

>>26626702
Corporations are people as well, and this person happened to be a cunt.

>>26622399
This is probably happening unironically. Robinhood is cancer, won't be missed.
>>26622481
It happened already with CFDs on most assets.

>>26625152
Lol Underrated

>>26623771
All those firms visiting autists house when eating tendies

kek

Imagine instead of payouts Gamestop gives you $2.49 in store credit for your shares

>>26628934
>directly to the shorts 100mm at .01
Floating new shares significantly below market prices is jail time for both the entity that offers and the entity that accepts.

Doing so is an actual conspiracy charge unlike the ones wsb is accused of.

>>26628475
>Melvin promised to buy a large amount of GME stock shares at market close Friday
There is no proof of this

>>26628760
>>26628714

Thanks for the advice guys. Nah, I think I'll lose a couple hundred bucks if it crashes, but the bet sub is going crazy and growing with 1000 every minute. So that risk just seems low to me, seeing as we're in the ecstacy phase of the bubble. So I think the odds are good and the investment isn't too serious.

Go hard hard short at Friday open

>>26628849
Shit ate my post; not gonna retype all of it fuck captcha
Essentially yes. Melvin has to get the shares to pay back somehow

>>26622475

>not willing to admit that Trump is deeply unpopular and fucked himself over by telling the dumbass boomers to not vote by mail

>>26622775
Yes, these are Trumpist terrorists taking revenge for him losing, trying to collapse the entire US economy with Gamestop stock.

>>26629313
Seethe, dilate and wear your 3 masks

>>26627532
>Blockbuster

based. had great memories in blockbuster. only one left remaining in america (pic related). bend, oregon. should take a visit.

>>26629285
Everyone is pushing this idea about the January chain but no one can say how many Jan puts they really own. And can answer why they couldn't simply roll them over to next date.

>>26622399
Yeah ok, cut out the lifeblood of the market and expect it to continue to pay out. Dumb as fuck anon

>>26623027
shorts forced to close position Friday which means stocks will fucking moon

>>26629285

Ah... okay, so Friday will be the absolute peak followed by a massive deflation as the reason for holding then gives out. Is there a set time at which they have to pay? Thanks a lot

>>26625005
*had 20 trillion in assets

important distinction.

so what happens if gamestop issues new shares

>>26629490
nice try sir, we are not selling

>>26628977
probably slightly better than before all the shit
you'll have people who turned into bagholders that will just hold the bag until covid ends and retail stocks go up again

So, I saw this on another thread and copied it because I thought it was interesting and kind of an extreme take. I would also like to clarify that I am personally invested in Gamestop because I truly believe it is a company with amazing fundamentals and that this is someone else's opinion, not mine. Anyways:

"ANONS LISTEN UP! CAPS LOCK FOR CRUISE CONTROL ENGAGED

WATCH THIS IF YOU'RE RETARDED AND NEED A RUN-THRU:
https://www.youtube.com/watch?v=4EUbJcGoYQ4&feature=emb_logo[Embed] [Embed]

FRIDAY IS NOT THE *BIG* DAY, THAT IS JUST ONE SMALL SQUEEZE
DO *NOT* SELL FRIDAY

THE SHORT SQUEEZE WILL PLAY OUT OVER THE NEXT 1-2 MONTHS AND MAYBE LONGER
THE LONGER YOU SIT ON STOCKS, THE MORE INTEREST ON LOANS HEDGES HAVE TO PAY ON THEIR SHORTS
WHEN THAT HEDGE CAN'T PAY AND GOES BELLY UP, THE RESPONSIBILITY MOVES UP TO THE LENDER WHICH BOUGHT THE SHORT
THE SHORT KEEPS MOVING UP THROUGH EVER LENDER WITH MONEY, ACCUMULATING INTEREST, UNTIL THEY CAN BUY THE SHORTED STOCKS
WE ARE HOLDING POTENTIALLY ENORMOUS WALLSTREET ENTITIES AT RANSOM!
THERE ARE POTENTIALLY UNTOLD AMOUNTS OF CAPITAL TO HEMORRHAGE FROM THE BANKS

MELVIN CAPITAL JUST GOT COVERED FOR 3BIL AND IT'S ALREADY FUCKING GONE

ALL THAT MONEY WALLSTREET HAS BEEN SIPHONING UP OVER THE PAST DECADES IS NOW UP FOR GRABS
THE LONGER WE HOLD THE SHARES, THE MORE INTEREST THE SHORT ACCUMULATES, AND THE MORE TENDIES WE GET FROM THE BOOMERS

BUY AND DO *NOT* SELL, THE STOCK VALUE IS NO LONGER DEPENDENT ON GAMESTOP'S PERFORMANCE AS A COMPANY, BUT BASED ON HOW BADLY THE OWNERS OF THE SHORT NEED TO OFFLOAD IT TO STOP ACCUMULATING INTEREST ON IT

THINK OF IT LIKE CROCODILES FUCKING UP ZEBRAS
SOME GROUP OF LENDERS OWNS THESE SHORTS, AND HAS THESE HEDGES STUCK IN PLACE
THE LONGER WE HOLD THEIR HEADS UNDERWATER, THE MORE THEY'RE WILLING TO PAY FOR AIR
IF YOU SELL EARLY YOU ARE GIVING THEM AIR, THESE SHORTS *HAVE* TO BE PAID AND WE WILL EAT HEDGE FUND AFTER HEDGE FUND UNTIL OUR HUNGER FOR TENDIES IS SATED

DO NOT SELL FRIDAY"

>>26629313
>screams about rigged elections when Trump won
>declares elections can't be rigged 4 years later

No, you're right. Deeply unpopular. Only 70+ million votes for him

>>26629436
they're almost certainly raising funds to roll over and try to wait it out. Thats literally the only thing they can do. All reddit needs to do is hold to break their backs though.

>funds available on thursday
:(

>>26621309
Nothing ever happens

>>26626702

Because we are regular people fucking over rich boomer cucks

>>26627602
why wouldnt whales hold to squeeze? theyre going to sell BEFORE shorters are forced to pump the stock?

>>26629633

Why wouldn't the stock collapse when they paid up? (Shortly after)

>>26627076
Agreed, but these slime get away with shit all the time. Ever thought that this may have been planted as the catalyst to break the entire market and blame it on the little guy instead of the real reasons the market should have broken long ago?? Is this possibly a plant and easy way out for the fed? It’s not like they aren’t diabolical enough to do this.

>>26625203
We're really going to the moon

Fuck, if it does hit 1000 and I get in 6000 at 150 - 210 that'll be enough to get rid of my debt. Do I take the plunge

>>26623917
>THEY
SHUT
>IT
DOWN

>>26630007
if you lose $6000 how bad is it gonna be

>>26626702
because derivative market is cancer and the slimy jews who profiteer off of it deserve ruin

>>26627532
nope. AMC and BB shilling is from the citron and melvin stooges trying to save their own asses. nobody is cashing out

>>26623917
Works on my machine

>>26630061
Not that bad, I have 16k in savings so other than the fact that it'll suck ass and put me back I'll live I suppose

do you guys think melvin capital still has these bbby puts?

So people are saying that this shit'll happen to blackberry and AMC. Is it a guarantee, and if so, what AMC share do i invest in? networks or entertainment???

>>26629389

You're the one seething

they're just gonna tank it before friday because all these robinhood retards have stop losses in.

>>26626553
I don't know, but we should do it some more. As long as everyone agrees on what to buy, it's free money.

>>26629389

Boomer worshipper detected

Niggers should be happy. The number one place the sell games they stole after breaking into someone's house's company is doing great.

Guys... Melvin is about to be bankrupt... they had $13B. Their debt gets passed to Citadel. Citadel is a market maker with 31B assets under management. This could be bad.

>>26628567
>Does it have to be paid back?
no they just give a free $1000 to anyone who signs up. you can make multiple accounts too and they do armor trimming

QUESTION
Can I buy tomorrow and still do some bank by Friday or I missed the bandwagon?

Real questions though
1000$ calls exp Friday or 10$ puts exp next week

>>26630198
need a chart with shares short per percentage of float

>>26628275
probably right

created a robinhood acc and now need to wait days to confirm my bank before i can trade.
you guys have fun bringing the 1% down a tier. I will be fucking cheering from the benches

>>26630250
and I'll just buy OTM calls 0dte expiry and make assloads of cash when it moons right after.

>>26630323

So was it one person at this "Melvin" thing that fucked up or was it the upper management or? Who was responsible for their screw up?

>>26628074
relax my dude, we're not at wheelbarrels full of money yet
soon

>>26629675
TESTIFY BROTHER

>>26630435
sign up for robinhood gold trial. It gives you access to $5k instant deposit. Buy the most OTM 1/29 calls you can find on market open.

>>26630399
only have access to 13fs

>>26630435
I signed up minutes ago and got 95% and my money's apperantly open to investment, sucks 2 b u pal

>>26630372
I would not buy in at this price, it's pretty much suicide for new entries

>Your honour, I love yugioh cards and Pokemon swag; thus I thought GameStop was a great investment

Suck it SECfags

>>26630471
Melvin capitol fucked up by doubling down on their shorts when a squeeze looked imminent. Whomever is working their risk management desk will lose his career/reputation, the top brass will still be rich as fuck regardless.

The fault is really on their broker (Citadel) + the Fed. Fed created cheap borrowing and Citadel gave Melvin Capitol way too much margin to short stonks with.

Unironically make a website where things like this can happen. It should be like this

1) DONT SWITCH THE PAGE, THE STOCK MARKET WORKS LIKE THIS: X

IF WE ALL BUY AT THE SAME TIME THIS COMPANY WHICH WAS SOLD SHORT: "X" WILL INCREASE IN VALUE TREMENDOUSLY

ITS NOT FREE MONEY ITS NOT A SCAM, ITS A WAY IN WHICH YOU CAN WIN A LOT WHILE SOME GREEDY WALLS STREET TYPES LOOSE MONEY. THERE NO REASON NOT TO DO THIS BUY "this" stock at "this hour"

why cant there be a website like this? hell even a discord server would do.

just explain and starts gathering people, once it hits like, a million or so, if all of them buy the same stock, even one stock each its a done deal.

>>26629156
imagine making the same joke thats been said tens of thousands of times already

>>26628074
>off-gas fluoride
How the fuck did you figure that out?

>>26630632
>suicide
Explain plz

I got 9k to blow on GME tomorrow.

Should I buy all shares, ITM calls, or OTM calls at open tomorrow?

>>26630323
>bad

>>26624996
Then i’m out $20 grand

>>26628760

This can potentially destroy the stock market if it becomes a viral thing - spreading out to FB etc. In that case crypto becomes the best place to hold large stores of money. Could be MASSIVE

>>26630655
They have no choice but to double down now. Already so invested into their naked short that folding would tank their reputations permanently.

It's a staring contest and their salvation lies in that they know their hands are diamond but among the masses of retail investors someone will blink.

>>26626702
maybe you should take up farming

>>26622399
>Options trading for accredited investors only
this shit fucks my shit Free Market or Rope

>>26630681
Sounds fucking based.

>>26630779
OTM calls. At this point either shares moon even more or crash to nothing and you're left with zero.

So just maximize your exposure and buy OTM 1/29 calls. Either you go to zero on Friday or make +1,000%

>>26624518
DO NOT SET A SELL PRICE

DO NOT LEVERAGE YOU WILL GET STOPPED OUT

>>26630632
why is it suicide to buy a stock at 150 that will be 2000 by friday? do you hate money?

do you understand that theres acontract which say they will have to pay whatever price the market offers, whatever. 2000-5000-50.000, theres no limit. And this is a fund ensured by a fund which is ensured by a fund, ad infinitum. Before someone declares the us to be a socialist republic which is around the only thing that can stop it, basically 50% of the literal existing dollars in the world could end up in this

>>26625386
Trump lost.

>>26630832
Gamestop ~ game stop ~ stop the game
End of the markets

>Aztec calendar foretold this

>>26624518
no stops the institutional shorters are going to do everything to shake the price and stop out all the dumbfucks who fuck up their orders

What are the chances of it being suspended?

>>26630681
stop fed posting

>>26630940
>50% of money is involved in this
Please explain because that's fucking hilarious

>>26624518
buy 1k
sell it on friday

If I install and create an account on robin hood, can I then uninstall and buy through the browser?

>>26624770
After friday is when shit gets real. Thats when many of the short contracts expire and are forced to buy shares to pay back their short contracts. This is what creates the feedback loop to moon the price. Do not fucking sell until next week minimum

>>26631064
that guy is a retard but he's not wrong about the fact that stonks go up. This will be very profitable until it isn't.

>>26621910

You're likely right. I'm calling it now, before Friday this will be considered an orchestrated anti-semitic attack or something just as ridiculous and not short sellers getting their fingers burnt. Biden admin will then have due cause to step in and do anything it needs to in the guise of "combating hate".

>>26631127
So do I call on Friday or put for next week?

>>26631064
Fund too big to fail does the epic maneuver of short selling thinking no one would caught on.

Funds that big have mad credit given by a lot of other bigger funds, trough a complicated network of bailouts, goverment ownership and insurance companies, that ends up being backed up by the federal reserve.

The only stock account I have set up is vanguard. Can I buy gme with it?

>>26631096
>After friday is when shit gets real. Thats when many of the short contracts expire and are forced to buy shares to pay back their short contracts. This is what creates the feedback loop to moon the price. Do not fucking sell until next week minimum

>>26631208
Yes.

>>26631089
just create it through browser. no phone needed

>>26622673
at worst I lose 1k at best I gain 4k, i'll wait til next week

I only have 400 left.
Will sell 200 on friday and the rest on monday.
I'll pray in the meantime.

>>26621309
Ok goyims, I really need some explanation here.
I've never bought stocks or whatever, and my financial situation is fucked at the moment thanks to dutch commie jews still taking my fucking money during the pandemic. What would happen if I were to buy GME with my 25 euro's right now? When would I have to sell it? This shit looks promising to get me out of my situation right now.

>>26631272
same, im going in bit later.. just for the lulz.

>>26625550
>thinking I care
Human greed always comes out first. People don't care about sticking it to the kikes compared to earning money for themselves.

>>26621309
>Gamestop is actually saved

>>26630149
If you have 16k in savings why the fuck do you still have debt?

>>26631096

sure sure, buy now, but dont sell friday when you could sell at 15x noooo, that would be madness

imagine if you could get 100x!!! lolololol
you just want to prevent people from selling to early so you can have it to yourself

should I buy 2 GME at open?

I was planning on selling 1 Friday and 1 Monday.

>>26622673
I wonder who could be behind this post

>>26631312
You probably can't afford GME right now
Buy stock in AMC (not AMCX).

>>26631251
Can I my bank through browser and start buying?

cheering u guys on from canada im

>>26625327
Only if it is dairy free gluten free no sauce vegan pizza with pineapples on it

>>26631431

Fuck off Schlomo. Time to pay the toll.

>>26631398
because i don't know how to use it and have 28k in student loans

>>26631469
Ok so AMC Ent. Holdings right? I'm on Trading212 atm. anon.

Market's closed, so should I buy tomorrow or put a market or limit order in now? If I put in a market order can I be fucked if the price goes sky high when it executes?

>>26631634
https://finance.yahoo.com/quote/AMC?ltr=1

>>26631569
lol im actually jew but i bought gamestop, your antisemitism is hilarious if you think those funds arent owned by all kinds of people.
oh well, you still cant mess with my state or you get the nuke, good to know im superior you fucking goi

>>26631639
>If I put in a market order can I be fucked if the price goes sky high when it executes?
My understanding is that if the price is higher than the order you put in they simply won't execute the trade

>>26631622
oh ok I thought your total debt was 6k

>>26626807
just send them to winnipeg if you want to kill them

>>26626702
>Short more shares than currently exist to bankrupt a company
>Suddenly victims when their bullshit gets called out and they have to pay

>>26631398
16k is not a lot of savings. It's like 6k above the absolute minimum you should keep ready.

>>26626702
They shorted over 100% of the shares dumb ass. they are getting exactly what they deserve.

>>26626146
not even that, that trust fund has shareholders, co-signers and bailouts of its own, there's basically no limit on this

>>26631670
I see, 0.5 costs 2.04 atm.
Dump or not anon? I don't want to get memed into debt even more especially during these times.

>>26626702
>Predatory jews see a dying company to rape
>Look to profit off of the misery of others, all those stores will be closed and Game Advisors left jobless
>Short them over 100% and leave themselves dangerously overextended
>Someone catches them doing this shady shit and sees and opportunity to make money because they got greedy
>Try every dirty trick in the book to scare people from buying GME, have the SEC pause trading several times
>Despite the dirty tricks they will still likely go bankrupt soon all because they got too greedy

Get fucked Jew.

>>26621309
Fuck these kike investors. One chance normal people can fuck them over and they squeal like the ants they are.

>>26631959
dont get trolled into AMC. it is a literal penny stock that will be worth $0 soon.

>>26631672
t. liar

>>26631670
Why is AMC bullish right now? Is some hedge fund trying the same thing on them? I would think they would be doing poorly with all the lockdowns, people are not going to the movies anymore.

>>26631959
Its literally in the same position as GME. Its aftermarket price is already to 8.
desu you shouldnt be investing with money you can't afford to lose, but its certainly a viable Hail Mary

>>26626702
>artificially inflates price by buying whole stock
when you borrow stock you don't own to sell it immediately and agree to return it in the future at any price but betting it'll be lower, you're taking extremely high risk. When you do this at over 200% of available stock, you're the manipulator. If you fuck this up, you only have yourself to blame.

>>26631716
its almost as if hedge fund managers cry out in pain as they strike you

>>26631398
Nothing wrong with debt if you are getting a better return than you are paying in interest. That is the very definition of shorting. Nothing wrong with using someone elses money to make money.

>>26632072
Is it too late to buy GME though? I can currently throw max. 50 for it.