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Someone explain to me how this too good to be true, once in a lifetime, unlimited free money opportunity isn't going to wind up being just that - too good to be true? How could it be possible that this is some kind of no-risk way to make a shit ton of money and the only limits are how much you have to invest?
>>26623070it's a gamble at this point
>>26623070its simple maths anon. there are more outstanding shorts than shares of the stock. 130%. They literally have to buy back every single share and then 30% once their contracts expire.
>>26623070it's not free people will suffer greatly from the bankruptcy, bailouts and the wars that pay for the ability to do bailouts
>>26623070Do you actually think the government will stand by and do nothing as the biggest IBs get fucked?You'll be lucky if you get to liquidate your shares for any amount of money if they step in
>>26623469>>26623206>>26623512retardsthey will have to buy the shares back that's how shorts workthey shorted over 100%price went up like a mother fuckerdo the math
>>26623206What's the gamble? People here and on WSB are treating this like a literal zero-risk investment. I want in but I'm too fucking cautious and I've had it hammered into my head that if something sounds too good to be true it probably is since I was a child.
>>26623070>isn't going to wind up being just that - too good to be true? It only will be if people let themselves be intimidated and sell. Courage can work miracles. It can make the impossible work. All we need to do is believe in ourselves.Nothing can defeat the power of friendship.
>>26623300Couldnt they just go bankrupt though? That sounds like what happened to Melvin Capital already. That means no shares get bought back and its a race to the exits as 2.4 million redditors realize they are playing musical chairs.
You fucking idiots really don’t understand how serious this is do you? You’re causing major institutions to lose billions of dollars and might even cause the grandparent loaning bank to go under. People will lose their homes, people’s mortgages and investments will be impacted as a result. There is a loser on every trade and mark our words at the end of the day it WILL be youEnjoy retaining a lawyer and fighting off discovery for the next five years. Was it worth ruining your life for a 10x? Good luck explaining why you’re using words like “Jew” and “nigger” to a federal judge. Enough is enough and it’s about time someone took you man children down a notch.
>>26623588>they will have to buy the shares back that's how shorts worknot if the government has anything to say about itwhich they will
>>26623588then they can't buy them back, then their guarantor can't buy them back. Then us government will bail them out which is possible because they extort the rest of the world into holding us dollars which is still a better situation than being a communist slave
>>26623714This pasta is boring already
>>26623597me too but think about itwhen things make sense to me im on it
>>26623714NIGGER SUCK MY DICK NIGGERFAGGOT KIKE
>>26623070its like this.autists v. kikes.theres more of us, right?right.so. this time.its FREE money.>KIKE moneyenjoy.
>>26623650Setting my sell limit to ONE MILLION DOLLARSThey have to pay it right?
>>26624118Yeah, totally huehuehuehue
>>26624018>the kikes run the world with deep ties in all the governments and banks>but we've got them by the balls the rules say so!,!! They're finished!!!
1) Price of GME goes over $1000 on Friday.2) Short sellers forced to cover, declare bankruptcy.3) Banks left holding the shorts, forced to cover.4) FED bailout to stop financial panicThats how its infinite money - the FED will print it.
nobody on here or 99.9% of reddit understands how the stock market works and they see people going in over at over at every price point: $30, $60, $100, $150 and still making double their investment and fomo in too. Eventually the shorts will be covered, actual demand for gamestop will plummet, the price will plummet, and the last group of retarded redditers will be eternal bag holders. The people who get fucked are i) the people who short sold and ii) retail investors who don't realize when the jig is up
>>26623671That means the banks that loaned them the money will have to pay for their positions.
>>26623714LMAO found the Jew nigger
>>26623070These boomers were caught with their pants down.
>>26624526Are you saying it's a bad idea to get in now, the people saying it'll hit at least $1000 on Friday are retards, and the only smart ones here are the ones who already got in and got out and made their profits?
>>26623597As far as I understand this is still a net zero transaction, the losing side are the large investors who made the initially reasonable ‘gamble’ that GME would continue tanking.
>>26623714I've never bought stocks, I've always been and will always be a crypto maxi. BUT boy, such posts just tease me to fucking buy this boomer GME stonk, I hate the system so fucking much I wouldn't even care if I lost money
there's nothing stopping the price from going to $1,000,000 a share. they have to buy all the shares. so in theory, if even one guy refused to sell for less than 1,000,000 they would HAVE to buy him out, right?
>>26624746I'm not knowledgable enough to have any idea what the actual top will be, and the market seems so insane that even knowledgeable people couldn't predict that. Maybe people betting on it hitting $1000 will be right. But I don't see a short squeeze ending without a steep drop right after the peak.
>>26624260tick tockits timewelcome, outstayed, again.OY VEY.
>>26623991you should be reported
>>26624374you missed the step where this causes hyper inflation and crypto pumps
Its fucking pump and dump. Gamestop has no future. Who told you that it wold go up forever wtf.
>>26623730And destroy all trust in the stock market. We hold all the cards.
>>26623070Google "Greater Fool Theory"
>>26624926It seems so ridiculous, but I'll have one share at one million JUST in case.
>>26623070Stocks are all about expectations. Someone let slip they expected GME to fall and put a lot of trust into it. Now, it's just people expecting the short sellers having to tap out before things get worse, but they sunk a lot of money and maybe they're willing to wait. Until they realize their confidence was flawed, they're going to be losing money.It's not free money. It's idiot tax.
>>26623597AMC is the next play. Get in now.
>>26624260The hedgefund shorts fucked up and if they use underhanded shit to save them now, there will be a mass outcry. It could grow into OWS 2.0 very easily. And a market tanking.Plus, who doesn't want to see your rivals get shafted? Probably lots of hedgefunds helping obliterate the shorts.
>>26623730That’s probably not going to sit well given all the other bullshit that has been happening lately. Even normies have been waking up since the election. Now hedgies get a bailout over making a terrible fucking trade but it’s “socialism for the rich” to hand out a stimulus check under Biden after shutting the economy down over a meme virus?
>>26624526The float is 140% dumbfuck. The shorts will never be covered as long as you don't sell.
>>26624526> Eventually the shorts will be coveredWe're not even close to that point yet.
>>26625133lurk more and don't comment again until you understand the gme short squeeze retard
>>26624526>>26624746I agree it's going to be an absolute bloodbath
>>26624997I have a small amount for the meme, I just expect to lose unless I can ditch in time, because I just don't see how "they" don't pull the strings to win anyway>>26625309Sure I'd like to see ows 2.0 but I really doubt there will be an outcry. The media will always side with the capitalists and any subsequent crashes will be blamed on "irresponsible retail investors" which will result in some kind of draconian regulation that will only apply to us
>>26624260Let's make it 110
>>26625463I’m confused, how the fuck are they supposed to buy 140% of the stock? Buy 50% at a time then re-dump?? Makes no sense
>>26624526>Nobody on hereToday we remind them
>>26625463>>26625490Do you really want bet a significant amount of money that the turbo-kikes will say oy gevalt we really did sell more shares than exist and we need to pay $148,800 to xX_MoonMan_1488_Xx for a single share of gamestop? The short interest data isn't always up-to-date. They could probably cover in a day with how much the volume has gone up. All I'm saying is that the price will shoot down at some point and someone will get screwed. For VW in 2008, basically 1% of shares were available with 12% short interest when the squeeze happened. But it went up from $200 to $1000, not to $1,000,000. (https://moxreports.com/vw-infinity-squeeze/).). Feel free to set your sell order however high you want, but it's not guaranteed that things will just work out the way you want them to.
>>26624926They don't have to buy it all at the same second though. Suppose they bought a share for $600 and gave it back to the borrower, they could then buy it again from him for $900. Your $1MM sell wouldn't get filled. They don't need to buy out the total supply all in a single moment.
>>26623588The price going up is hype, the hedgies have yet to even buy/fold. The rocket ship is coming.
>>26623070As long as you manage to sell high before it inevitably crashes then it isn't "too good to be true"? Obviously someone has to lose but as long as you don't hold for too long it will be the shorts being forced into buying and whatever latecomer retail investors buy the peak. The latter could be you but you'll never be able to predict that.
Spoiler alert kikes always win at the end.
>>26626217They assumed GameStop would go bankrupt, in bankruptcy equity gets wiped out so they never have to cover the short.
>>26623070Too much people would win thats how you know its never gonna happen. The system will never allow that.
>>26627827That's what I'm inclined to believe but I'm no Michael Burry or Elon Musk and they seem to be pretty confident. I don't even know shit about stocks - if I were to buy a share or two tomorrow, would I have to time the sale perfectly and pray for no sudden random drop or is it really supposed to be as simple as just selling on Friday?
There’s thousands of insanely in-the-money GME call options that are about to be exercised. Millions of shares will be sold, driving down the price. Anons looking out for their best interests will sell to lock in their gains, and the rug pull begins.Meanwhile, Melvin Capital and Citron Research don’t actually have to return the shares they borrowed and sold (shorted) by 1/29. They can just throw up their hands, say “we don’t have the shares” and begin paying millions in daily Failure to Deliver penalties. All the hedge funds have to do is hold out until the inevitable race to the bottom.
>>26625252says the hedge fund mngr who wants to sell amc long to buy back GME. don't fall for it!
>>26626372VW wasn't nearly as shorted as gamestop, but even then the squeeze for VW took weeks. The squeeze for GME isn't even halfway over and we're already to $210 from just $40 last week.
>>26627261they have until friday
>>26627827Would you say BlackRock holdings and Berkshire Hathaway are part of the system? I would, and they just upped their stakes in GME today. I keep saying it: it's not just as simple as "the system vs retail investors". Other institutional buyers smell blood in the water.
>>26623671Short answer: no.Long answer: you, as in you the retail investor, don't give a fuck if they close or not. You have a guaranteed contract, against the issuer first and the broker later. Either they pay or their bank do.
>>26623070unironically sell. These kikes are gonna pay off only a percentage, declare bankruptcy, and be let off scott free leaving people holding worthless bags
>>26623070>too good to be trueNot a /biz/ regular, but I'm getting in on this because it sounds similar to bitcoin, which was too good to be true too, at least in hindsight. It's going to be fun to be part of history, either way.
>>26628750This will happen eventually. There will come a breaking point where the hedgies are dead, and I bet new regulations stem from this. I’m holding til Friday. Selling tomorrow would be literal retardation
>>26629092Would buying tomorrow be literal retardation if I know nothing about stocks and am just blindly listening to everyone here saying it's a sure thing as long as you sell on Friday?
>>26628679What? I have a share. No one owes me anything.
>>26623714Get some new spaghetti, Schomo.
>>26629530no, but when you are playing with cash you really cant afford, maybe dump latest midday Friday. Otherwise, hold for the lulz and the wailing of many kikes. If the short % are in any way true, it really is a case of them or us holding their nerve. And for them, the damage potential here is unlimited.
>>26623070
>>266296211: a share IS a contract.2:the point is not about you having a share, is about them selling naked calls. They have signed a deal, guaranteed by their broker, that force them to come up with 140% of the existing shares on friday. There is no way around this, they already sold the shares. That means that they have to buy all the shares, and then buy them again, regardless of the price.
ANONS LISTEN UP!!! CAPS LOCK FOR CRUISE CONTROL ENGAGEDWATCH THIS IF YOU'RE RETARDED AND NEED A RUN-THRU:https://www.youtube.com/watch?v=4EUbJcGoYQ4&feature=emb_logo [Embed] [Embed] [Embed] [Embed]FRIDAY IS NOT THE *BIG* DAY, THAT IS JUST ONE SMALL SQUEEZEDO *NOT* SELL FRIDAYTHE SHORT SQUEEZE WILL PLAY OUT OVER THE NEXT 1-2 MONTHS AND MAYBE LONGERTHE LONGER YOU SIT ON STOCKS, THE MORE INTEREST ON LOANS HEDGES HAVE TO PAY ON THEIR SHORTSWHEN THAT HEDGE CAN'T PAY AND GOES BELLY UP, THE RESPONSIBILITY MOVES UP TO THE LENDER WHICH BOUGHT THE SHORTTHE SHORT KEEPS MOVING UP THROUGH EVER LENDER WITH MONEY, ACCUMULATING INTEREST, UNTIL THEY CAN BUY THE SHORTED STOCKSWE ARE HOLDING POTENTIALLY ENORMOUS WALLSTREET ENTITIES AT RANSOM!THERE ARE POTENTIALLY UNTOLD AMOUNTS OF CAPITAL TO HEMORRHAGE FROM THE BANKSMELVIN CAPITAL JUST GOT COVERED FOR 3BIL AND IT'S ALREADY FUCKING GONEALL THAT MONEY WALLSTREET HAS BEEN SIPHONING UP OVER THE PAST DECADES IS NOW UP FOR GRABSTHE LONGER WE HOLD THE SHARES, THE MORE INTEREST THE SHORT ACCUMULATES, AND THE MORE TENDIES WE GET FROM THE BOOMERSBUY 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 ITTHINK OF IT LIKE CROCODILES FUCKING UP ZEBRASSOME GROUP OF LENDERS OWNS THESE SHORTS, AND HAS THESE HEDGES STUCK IN PLACETHE LONGER WE HOLD THEIR HEADS UNDERWATER, THE MORE THEY'RE WILLING TO PAY FOR AIRIF 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 SATEDDO *NOT* SELL FRIDAY
>>26623300didnt understand what was happening till this comment
>>26631494What's the alternative to this? Pay a small fine? Go to jail which they can bribe their way out of? That seems infinitely better than paying a gorillion dollars to redditors.
>>26623300This is not true. It's FLOAT. Not the total supply. Have fun bag holding instructional GME shares on Friday.
>>26623714>>26623781I'm happy I got to eat the pasta fresh when it was first served
>>26623300Wait so I don’t get it, don’t we want to sell BEFORE Friday then to make sure our stock gets bought? Sure it will explode after Friday but with nobody to sell to.
>>26631507Wishful thinking.
>>26631767what do u mean by this anon?
>>26631767>The term float refers to the regular shares a company has issued to the public that are available for investors to trade.
>>26631494A share means I own a chunk of gamestop. I am part owner of the company. Nobody is obligated to buy my share for infinity dollars. If someone was that short they will just go bankrupt and their shorts will wink out of existence just like they winked into existence.
>>26631507I-I want to believe anon... but ive been scammed so much
>>26624926AHAHA. You are going to lose so much money. Seriously what kind of retards are here in biz and wsb?
>>26623730Except this won’t happen and if you think it will you’re an actual retardStop posting
because 99.9% of the population are retards and dont sit on stonk forums.
>>26631494Ok let's presume they shares become worth $100 quadrillion just for shits and gigs. >You borrowed x shares. You owe us x shares. They cost $100 quadrillion.>I don't have $100 quadrillion. I'm bankrupt>OhAt what point do you torch literally all the buyers in the market for gme?
>>26632239When they have no more money. They dont get to keep their bank accounts...they get liquidated.
>>26631507this is a troll post. literally nothing in it is true.
>>26632338Ok so everyone in the liability chain goes bankrupt. Who is going to buy your shares silly?I'm sure not fucking buying gamestop at a $50 billion valuation.
how do I buy in to short on friday and make money?
>>26632457sorry goy but hte taxpayer needs to bail itself out on this one
I would absolutely love to see bankers whine that they got played by REDDITORS and tell the taxpayers they have to be bailed out while everyone's under insane tension right nowThat would ABSOLUTELY be the catalyst for the American people to end their relationship with the banks
>>26625427>Biden's first policy is to bail out billionairesTrump 2024 may actually occur
>>26623300You don't know how shorts work.
>>26632457>Ok so everyone in the liability chain goes bankrupt.We'd be looking at 2008 all over again.Melvin Capital is almost certainly insured so the chain snares everyone.
>>26632457we are the ones that made them bankrupt and the fed will eventually need to do bailouts for citadel, thus buying us outNot complicated, try again
>>26632420good so it fits in with every other post on this site
>>26623300This neglects the prisoners dilemma, which is the Achilles heal of this.
>>26632819>buying us outWhat valuation do you think that'll be at fren?
>>26623300>They literally have to buy back every single share and then 30% once their contracts expireGME has plenty of room in their authorized share count to increase their outstanding shares that the shorts could take. Will GME do it? Maybe, who knows.
>>26632884It also neglects the power of memes. Every bagholder that drops is picked up by another.The idea of >$1000 is starting to get entrenched.
>>26628248>he doesn't know
there will be repercussions
>>266328961.2k/share
>>26632043it absolutely will>they have to buy my shares, i set my sell limit at 1 million
>>26632977Right, I'm not saying there isn't that dynamic. Just saying the gamble is not as simple as some are saying it is.
>>26625252>AMC is the next play. Get in now.This is literally what a pump and dump scheme sounds like.
>>26632239>>26631676No, there is no "alternative. The contract must be fulfilled. If it can't, the seller (you too can sell naked calls) gets a margin call and all their assets are used to cover the calls. The remaining sum is covered by the broker, who then will have to collect the debt from the seller who has been margin called. If the broker can't front the sum, they are fucked. Still, they have to use their assets to cover the positions.>>26631957Try getting margin called, then declare bankruptcy and see what happens. The calls still have to be covered.
>>26632819you won't see a cent. you are dealing with jews.
>>26632951>Save the people who tried to bankrupt your company and trust them not to do it again if you let them offI would sleep sound.
Everyone thinks that it will hit $1000 before SHTF. Do you know what that means? What does it mean when everyone thinks the value of an object is $1000? It means the buying or selling will continue until the price is $1000. This is not "meme magic", it's not even basic economics, it's something so obvious that I don't even have to tell you what it is. It's obvious, that's what it is. The instutitions say it will be $1000. We're memeing it to be $1000. Reddit says it's $1000. What will the markets say tomorrow? $1000.
>>26624118They'll find a way not to. There's no free money in this life.
>>26628228Your reddit spacing reveals you, long-nosed shit.
>>26633071>The calls still have to be covered.They will just change the rules
Today's price movement cost the hedge funds over $100billion, with the amount of hype momentum this is getting theoretically it's possible to cost them a trillion. This will force them to liquidate holdings of other stocks on the open market. During the big pump on monday the entire stock market took a dump to the tune of 15%. If these huge funds go bankrupt they'll have to liquidate their blue chip stock. If enough people panic sell it could cause a huge crash. Not to mention the crazy mofo's liquidating their positions in other stocks. It may cause a crash on par with the great depression. I say let it burn.
>>26633071>The contract must be fulfilledYou have a lot of faith in the American legal system to help idiots on reddit and 4chan instead of covering for their billionaire friends. I sorta respect that.
>>26633042Agree that prisoner's dilemma is why traditionally the hedge funds win over retail in this scenario. But social media has changed things here. Once a stock memes the pump is absurd. Let hope the dump isn't so bad.
>>26633071I keep seeing this fat meme but no one can confirm the amount of January puts any of these institutions hold, nevertheless, they can absolutely roll them over to infinity and will before buying a single share for $42,069.What is up with this assumption thatthey are all-in options and not just vanilla short?
>>26633208>During the big pump on monday the entire stock market took a dump to the tune of 15%...what?
>>26623597They went all in, got fucked and doubled down. The chips are on the table, they know their hand is weak and their pockets empty. Why not bet against them? They can't take their chips back, they have legally contracts in the form of shorts and puts. Unless a lot of retail faggots start selling and dip the price enough to trigger lots of stop losses which will give them Marvin the opportunity to cover his position (i.e. buy shares from the market) at a discount, there is fuck all they can do other than pay 23% interest daily to keep their position open.
>>26624260You have to be a schizo/pol/nic to believe there's going to be some sort of deus ex machina because MUH ETERNAL JOOZActual real life jews and cocaine snorting yuppies are getting cucked into oblivion by reddit of all things and there's nothing they can do. Cope.
>>26633174Nah, they'll simply delist and void because muh economic terrorism.
>>26633072Then the whole system diesYou don’t understand what’s happening hereTheoretically if you are I did with Melvin did we go to prison for the rest of our lives
>>26633174Either they're forced to cover or the Biden administration has no clothes within one month of their inauguration.Either way the future is bright.
>>26627354>someone has to losethe hedge fund is. The retail investor has nothing to lose by holding until Monday.
>>26633251lolno, I fully expect a bailout. I was simply explaining the principle behind a margin call.
>>26631676The money is there the Jews just don’t want to pay up.
>>26627188Thats great but they will be accruing interest for however long they dont pay back what they owe. This isnt a sell on friday thing. This is a true moon mission HODL
>>26628669Yes, BlackRock was already one of the largest holders as of May 2020. It is in their interest that the price remains high, they will not dump their millions of shares and let the value of their holdings plummet.
>>26633258Oh don't get me wrong, it's a good bet. Going against an army of autists is not a good idea. At all. .
>>26631957bump for answerSo as I understood it, they will need to buy every share after Friday. But what if not every stock holder wants to sell? Where is the money going the?
>>26632420hedgie detected, explain how the post and/or video was incorrect?
>>26633356yeah but you and I aren't melvin. the whole system won't die, they will change the rules, you will be screaming into the void about hypocrisy and unfairness and the system will keep chugging like nothing ever happend>>26633357I don't think the Biden administration cares
>>26629092>til FridayMonday. Their contracts expire Friday at close, they will have to buy on Monday which will massively pump the price. Selling on Friday is literally the most brainlet move you can make
>>26632698o wise one please pray you teach me. or just suck my cock and leave
>>26625112Why would it? The 2008 bailout and years of quantitative easing have shown that inflation is pretty hard to cause even if you’re putting shitlods of cash in the market.
>>26633546Not an argument, get out
>>26633574There is no proof they have january options
>>26623714I haven't even bought yet, I just came here to LMAO at your life.
>>26633266Alibaba market
>>26623070DONT PUT IN LIMIT ORDERS FOR <10kTHEY WILL PUMP IT UP NOW AND TRIGGER THOSE ORDERS AND THEN PLUMMET THE STOCKSCREEN CAP THIS YOU HAVE BEEN WARNED
>>26633546They'll only change the rules after the Melvin mess settles.Bailing out Melvin, even if only legally, is guaranteed Republic congress 2022 and president 2024.
>>26632994sounds like something a freaking freak would say.
>>26633452I agree with you on the bailout, but I imagine it'd be easier to just nullify the one contract through some sketchy agreement. Piss off a bunch of internet randos, cover the behind of the billionaires, everything goes back to "normal".
>>26633259Rolling them is impossible if the price holds. Big if. And if there is really a big amount of naked calls on the table. Another big if.
>>26633049So what lol
Look up Cede & Co and the DTC. Understand that "shares" aren't even real.Then tell me that you don't expect jews to find a way out of this. Its their game. They wrote the rules. Right now the public expects a certain guaranteed outcome. When has a market ever produced results in such an instance?
>>26633535Their lender Citadel has to cough up or go bankrupt. If the stock doesn’t sell then insurance or feds have to bail them out. If that happens likely settlement after lengthy court battle and all holders get X (maybe 0 but fuck it for the lulz) and feds have to fix the broken short system.
>>26633854This
so excited to see all the normies fomoing onto this shit get burned.
>>26633745Ehhh, nullyfing all calls on GME would set a new precedent. It's ay easier to shell out the money, unless someone wants to oppose retail on principle.
>>26623070ITT: retards who think the casino has to play by its own rules.
>>26633854>then insurancecan somebody, anybody, please point out where you obtain 'imma make retard short bet, u make everything good' insurance, and at what premium? be (mighty) interested. Otherwise, fuck off with this bullshit already.
>>26633939Nullifying would make them legally vulnerable. Dangerous road to go. They'll likely freeze and slap Melvin around.
>>26633535If there is not enough volume to cover the largest call, they are fucked. If there is they have to keep buying the same share to remain solvent. The first option it's basically impossible.
HODL THE DOORHODLHODL
>>26625133Gamestop is irrelevant. It’s the value of the contractually required purchase regardless of price that is valuable.
>>26633939>precedentFair enough. I imagine there are enough stiffs in the legal system to prevent them from weaseling out, if only to avoid the precedent. Thanks for taking the time to explain.>>26634035I imagined the nullifying would be done by the original lender to save Melvin some embarrassment.
>>26634076This.BUY AND HOLDThe more you do this the more the kikes will bleed out and the higher your stock will moon. They wont be able to buy back what they owe, and they will have to pay interest. This isnt just a hold till firday or next monday thing. Look at what happened to VW.
>>26634017Someone has to paywhat exactly is it don’t u understand
>>26634035Yeah, I doubt we'll see something like that right now. Maybe if this had less media exposure, or in another political climate.
>>26634242All of Citadel's other customers then have precedent to ask for nullification in the future or they'll bounce/ask for lower premiums due to clear bias. They're here to make money, not to bail out Melvin's stupid decisions.
>>26634017They probably don’t have it. We have a decentralized short squeeze at hand. This has never happened before.
>>26633129The jews are just going to keep causing the circuit to pop so people get scared
>>26634017It's called a credit default swap and it triggered 2008.
>>26628669>Would you say BlackRock holdings and Berkshire Hathaway are part of the system? I would, and they just upped their stakes in GME todayWould it be possible these guys get paid first and retail gets fucked over in some scenario?
>>26634454Not to mention a lot of these autists will refuse to sell just to watch the world burn. Bless their hearts.
>>26623714NICE Copy Pasta Rabbi.
>>26634454not that anon but what happens after all the bankruptcy ect and you the trader are stuck with shares that are rapidly declining in price and no one is buying the shares at all?you literally cannot sell them so you are fucked
>>26634277Can't really see this working long term, if they have too much exposure this ends friday, to less and they liquidate at a loss. Remember that this is not a coordinated action and that we can only guess melvin's actual exposure.
>>26634496>When you own stock in GME and Berkshire at the same timeTop keks
What prevents them from buying at 1000 then who they sold the shares to puts them up for 1000 again they buy again? If the shorts all don't end in the same minute this should be possible
>>26634597>Can't really see this working long termProbably right. VW got squeezed for a few months and was at over 1000 a share at one point, and this is in many ways worse than that. Selling Friday is foolish imo
>>26634389>All of Citadel's other customers then have precedent to ask for nullification in the futureTrue, sounds stupid now that I think about it more.
>>26634579>What happens if fund, broker and bank simply declares bankruptcy?Bagholding, but you get to witness history.
>>26634579You lose money assuming to cash out at a loss or pray GME recovers to meet your book price.The momentum is driven by the obsession now with burning the shorts. People want $1000, $2000 but also just want to be part of a historical short squeeze, and say I was there.
>>26634017How do you think they got billions of more dollars today to fight it? Think they lend that money for free?
>>26624118They’ll (((borrow))) what they can’t buy
>>26623070There are 4 ways you can get fucked:>redditors lose interest or get greedy and sell, price crashes>GameStop issues shares for the shorts to buy, price crashes>NYSE halts trading on Friday, calls expire worthless>SEC cucks you by changing the rules to save the hedgies asses
>>26634736Yeah, but that was a slow struggle. If insiders are right, melvin is getting margin called in two days.
>>26623650the windmill of friendship is magic
>>26634841Wouldn't a last minute rule change immediately lead to law suits?
>>26634909If GME closes above 200~ on Friday they get liquidated. After that who knows how high this shit goes.
>>26634579>>26634751>>26634752Honestly if I had even $500 to waste I would probably put it in just to add to the collapse of teh world wide economy and international jewery, but people who are in it for the money, like that one guy with +22mil profit or /r/wsb it would be wise to cash out at the max profit.After these guys try to buy the stock back on friday no one will be buying the stock at all, it will crash, most likely gamestop will go bankrupt too. Literally the only person who wants to buy the stock is the same person traders are fucking over.Gonna be funny to watch anyway
>>26625427that would be hilarious
>>26635072why would it go higher if they get liquidated? i don't think you guys are getting paid out by JPM or whoever is on the hook without a legal battle at the very least.
>>26634841I would cash out on thursday desu
>>26635002You can't sue the federal government unless they give you permission to sue them (seriously)
Is it even possible to cash out GME?
>>26635175Just because you get wiped doesnt mean youre off the hook. They still have to buy back the 130% of shares that they owe. someone is going to have to pay up. If people continue to buy and HOLD the price will do nothing but go up. Keep in mind they will now be charged interest on what they owe every step of the way.
>>26635175Because the hype of squeezing a billion dollar fund to bankruptcy would go astronomical.
>>26635072There is no after, unless there is someone else leveraging against GME. They get liquidated, the calls are covered, the positions are closed or excercised. This leaves no one to drive the price further up.
Does any one have any evidence that these contracts will expire Friday? I need something concrete.
>>26635345Let me ask another way, is holding until Friday a reasonable play? I read what everyone is saying, they "have" to buy the sell orders, but that doesn't sound right.
>>26623070>unlimited free money opportunity isn't going to wind up being just that - too good to be true?It will end that way, it always does
>>26634389You a smart cookie
>>26625655>I agree it's going to be an absolute bloodbathMeaning that it will then after $1,000+/share be the time to short GME?
>>26635524>>26635520Same question. What guarantee do we have that they "have" to buy at market, forcing this up?
>>26635520https://www.nationandstate.com/2021/01/26/here-are-all-of-melvin-capitals-crushed-put-positions/
>>26634788>they got billions of more dollars todayhardly 'insurance' tho. Basically unlimited liability insurance against retarded bets would prove very expensive indeed. Borrowing to cover losses is another story entirely - and were I their further lenders? I'd be making some very swift recalculations here over the potentially unlimited powers of weaponized autism before dropping another red cent down the well of these idiots. There is after all, clearly only one side who can and will fight way beyond the point of rationality here. So bring on the Final Boss already, Mr Big Finance. His card is well fucking marked.
>>26634017They are swaps, a derivative financial product, they won't file a claim with AIG and ask for a $15bn payout.
>>26635632Who is going to them billions worth of GME below market? They shorted 130% of GME stock. Do you not realize how serious that is?
>>26633845Gee, I dunno
>>26635632The law. How much do you trust the law? That's your answer.>>26635524It's not really low risk. If you got in early, it's definitely the best choice due to your low exposure.
>>26623714full damage control copypasta.
>>26635819it's not a pump and dump you brain dead nigger. No one is saying gamestop is a good company or good stock. They're buying it to squeeze the kikes who thought they could just short something to infinity and beyond.
>>26633704no one cares abotu chinks retard
>>26635109i have the $500 but i cant buy anything in time because im just now setting up trading apps.we will watch the flames together
>>26624374money printer go brrrr
Okay, so how do I take advantage of this friday squeeze? I have 3 shares. What do I do with them?
>>26635789Any investor making a backroom deal to sell at under market prices is opening up to lawsuit, maybe even conspiracy and fraud charges. Especially 130% of the float. You'd need multiple actors cycling the stock around - that's borderline laundry.These hedge funder managers don't want serious prosecution. They'd rather call it a day and bankrupt. Only real loss is the ineviatable dump and the reputation of anyone associated with Melvin.
>>26635960you HODL till monday, dumnass.
>>26636034Hold for at least a month desu
>>26623070Faggot
>>26636034That's it? I thought I had to do a stop order for 1000 bucks or something...
>>26635368>muh hype I don't give a single shit. Take one jew done and theres another 2 to replace him.I'll sell early Thursday or late Wednesday.
>>26635687I read it, but I don't see how we know that it will be this Friday.>>26635789I should have said in that post >What guarantee do we have that they "have" to buy at market, forcing this up ON FRIDAY?I want to know what evidence there is that it will be on the 29th.
>>26636262Leave one sole share in so you can say you were part of whatever crap happens on Monday.
>>26636156buy more, never sell.NEVER!that is all, soldier. now, to battle. furthur so.
>>26628379>but even then the squeeze for VW took weeks gee wonder when the VW squeeze happened >2008oh back when you had to fucking call up a broker to order some stock and DSL was the norm. dont worry! it will take weeks in 2021 where any fucking moron with fingers and a bank account can buy stock in 15 minutes!
>>26633939>precedent>2021???
>>26635687>https://www.nationandstate.com/2021/01/26/here-are-all-of-melvin-capitals-crushed-put-positions/I notice that Iron Mountain (IRM), a secure-storage company (it own storage caves, and does data security), which Plotkin and Melvin have also shorted a lot, has spiked up in the last two days. Is this related to Melvin's GME problems?
>>26632043You’re in for a sad realization that you are nothing but a hole to be fucked. SEC will halt for weeks if they need to.
>>26636711They have failed to do so for larger funds, and this one is insured. If they halt, they make the entire global market look bad and get nothing out of it.
>>26636711>SEC will halt for weeks if they need to.And how will that help the short-sellers cover their short positions in GME by the time the halt ends?
>>26636691Possibly Elon Must egging this on today however is definitely retaliation for Melvin shorting Tesla non stop, which has publicly made him seethe over it.This shit isnt over come friday, I hope everyone realizes this and continues to hold GME
is it unironically too late to buy tomorrow?
Should I buy in dollars or in shares? pls help a retard out
>>26636970GME will dillute there shares.
>>26637058We're in uncharted waters. But everything is moving for us. On paper this is a slam dunk, there's too much upward pressure from all directions. The big firms are with us as well. None of their tricks have worked yet.
Up 100k in after-market GME trading, but I don't trust the after-market and its RELATIVELY low volume. Sometimes the Open just ignores it.
>>26637213>On paper this is a slam dunkYeah, on paper. Can reality be the same?
>>26637058fuck no, by no means.holding after Friday, thats your risk then tho>>26637062When your broker sells fractional shares (Robin Hood, etc), can invest whatever random $$$ sum you like. Otherwise, you can only buy as many shares, number of (currently $210 or so) as you can afford.
>>26633357>the future is bright.W A Y N E
>>26623070>once in a lifetimenigga buy AMC socks tomorrow you pussy
>>26637439I didn't know AMC had their own brand of socks, but I know of their stocks.
>>26637359 It feels like it. Something would have to blindside us at this point. But by the current rules of the game we're in a ridiculously favorable position.
>>26623070It's just for fun at this point. If you're investing money you wouldn't otherwise spend frivolously Idk man.
>>26637514STOCKS* hehehe
>>26628228TAKE A PICTURE OF THIS.The CEO of GME will be forced by the kikes to sell all their shares, the price with dump to oblivion, kikes will buy back and biztards and plebbitors will lose all their money.
>>26635247But you can sue the head of the SEC
>>26636711>big jewboi signs a bad contract>his serious proposal to get out of paying up is to shut down the banks and law offices for weeks until everyone maybe somehow just forgets about itNo. Do that and the entire game is over. it's smarter for them to take this one on the chin so the game can continue and they can keep profiting.
>>26624585What if the banks go "nuh uh we're not paying"
>>26623070>>26623070you wont make money on it. its still a once in a decade opportunity but the opportunity isnt making money.Its that for ever dollar you light on fire the elite bankers legally have to burn 1,000 dollars.Its not about the money its about sending a message. I dropped 1k today and will drop another 1k tomorrow and i dont care if I never see a penny of it again
>>26637931They can't do that. If the fund's fund's bank's insurer wants to force them to liquidate all of their assets, it can do that, and it will want to do that if it becomes clear that they will be unable to pay their debt. We're talking about a chain of jews forcing jews to sell things to cover a debt here, and there's nothing the jew hates more than the jew.
>>26637931They get a stern talking to and have to send an intern to apologize at a congressional hearing.
>>26638217We're going to make it, friend, but I appreciate your enthusiasm. We will have plenty of time to sell.
>>26623070lol just sell before it goes down dumbass
>>26632239what happens is the Hedgefund declares bankruptcy, the banks who insured the Hedgie get a Uncle Sam bailout. and the investors of the Hedge get a pitence that may or may not cover their promised returns. The quadrillion never materializes but the Uncle Sam bailout is probably close to a Trillion in your scenario
>>26638217But they have waaaay more than $1000 for every one of my dollars.
>>26623714welcome to 2021, a place where memes come true
>>26623070I'm feeling kinda boomer with my 10x link gains but I don't really feel like I'm missing out. I admire the bravado /r/WSB is putting on but I don't see this ending well. Options are a stacked deck in a way that crypto isn't.
>>26623070>too good to be truewe pumped a pennystock to $5.50 from nothing 4 years ago. we do it plentywhen's the exit signal? How do we know the shorts are being called?
>>26625032for being BASED
>>26638217This anon who made this post is a good person.
>>26623714>You’re causing major institutions to lose billions of dollars and might even cause the grandparent loaning bank to go under.
>>26638563>How do we know the shorts are being called?Huge price pump, very long and hard green dildo as their brokers close their positions and they buy at market price. Then it's time to get out, quick.
>>26638705i thought that's what we saw at close today
>>26638751No the majority of their positions expire on Friday. Today we saw retail and the sharks (BlackRock etc) buy in
>>26638944so buy more on wed and then hold to fri close?
>>26638563That's gonna be the nightmare for bagholders. Fudders like Melvin Capital are gonna keep on coming until they see /r/WSB crash and burn. Wouldn't doubt financial institutions are ready to burn pallets of cash if they feel like they can teach them a lesson or something.
>>26638990bunch of them have taken their 50% off the table gonna be sherwood forrest that burns
>>26638978Yep. A good idea to take profits on Friday and let the rest ride through to Mon.
>>26624374But in this case you can turn yourself into the targeted receptacle of said money printer. Name another time in your lifetime the true has been said?
>>26623714Yes and I am proud of it. I just want tl watch the world burn, any problem?
>live in third world shithole>have a considerable amount of money in bank>can't do shit with it since covid paralyzed everything>find about thisCan I still get into this?I'm Mexican, btw so I naturally fear any attempt at making money on this shithole
>>26623714If I cant have nice things then Ill take down as many Jews as I can with me (financially) in minecraft btw
>>26624374next boss: THE FED
>>26636397>>2008>oh back when you had to fucking call up a broker to order some stock and DSL was the normWhat, were you born in 2002? I had my first iphone that year retard. Was trading from my laptop all the time.
>>26639372yep, i just invested 2k into GME... in minecraft
>>26639370just drop a comfy 500 or 1,000 into GME, best case scenario you triple your money, worst case scenario you lose it all and cause a predatory shortselling Hedgefund to go bankrupt its literally win win
explain to a brainlet what is stopping the jews to just double down until they win?
>>26639481Im legit dumping 11k into GME tomorrow and depending on what monday holds another 10k. I want hypothetical kike blood running down the streets in minecraft
>> 1266319In other words, the financial company borrowed huge amounts of shares because they believed it would go down (for obvious reasons) and people got excited and bought large amounts of shares, making the value rise "artificially", so that later the financial company would have to return the number of shares that they initially lent + 30%, but with the difference that the shares rose more than 600%. So if the finance company took out a loan of 10 shares at 21 each, now they will have to return 600 per share + 30%.
>>26635819Not a pump and dump, it's a short squeeze and totally legal. As long as you arent saying gamestop is the most amazing business on the planet and their shares are actually worth 1k because business, it's fine.
>>26639481>>26639655Is this as low risk as it seems? Should I go all in?
>>26639610Contracts expiry date is Friday. They will have to honor them on Monday by buying the shares they promised they would when they took their short positions.
>>26639701The risk is faggots selling early and not waiting for the entire thing to finish. If people sell off early, price dunks, shorter borrows money from somewhere and covers their ass to a much less substantial short squeeze. Not guaranteed, it depends on how much you trust the internet. Basically, it's slots at this point.
>>26639747can't they just short more and beat down the price?
>>26639701Nothing is risk free.For me?Im tried of wage slaving and being poor. If I can 3-5x my money, and better yet help bankrupt wall street gigs kike billionaires in the process then im all in.
>>26623070It's not too good to be true because I sold at $193.
>>26639833Kek they tried that and got immediately liquidated again today
>>26639833>can't they just short more and beat down the price?Short with.... what exactly? No one's lending out $gme right now
>>26633643You only need a machine to print money.
>>26639655Based
>>26639833Who is going to offer them the short? Brokers will offer shorts but not to Melvin, not without significant mark up.
>>26632896$1488
>>26639841This.I'm taking my 30K that I'm sitting on cash and buying in at open tomorrow. I can make the money back if it fails, but I'm fucking sick of missing out on everything... BTC, ETH, 2020 drop, 2020 recovery, GME the past few days, etc.
>>26639833They've done that today. Buyer pressure was still too strong so it didn't work. And remember that to short, they need to borrow money. Currently at 23% interest. If they are to do this again, they need to find a broker willing to lend them. Not gonna happen.
>>26639551I could do that, the only problem is finding a platform/app that won't put a billion walls before getting in
>>26639833to add to what others have already said, i saw someone post some evidence that some whale(s) have joined in the party of crushing the shorts. in any case, sells today that would normal have triggered a sell-off were bought up quick lol. melvin is actually going bankrupt this week.
>>266400221488 MOOOOOOONBAAAAAAASSSEEE
>>26640022>1488This.Pay my fucking price, and thank me for it you greasy rats.
FRIDAY IS THE GAMMA SQUEEZESHORT SQUEEZE PLAYS OUT OVER NEXT 1-2 MONTHSBUT ONLY IF WE HOLD THE STOCKSCITADEL TRYING TO SHAKE STOCKS OUT OF PAPER-HAND INVESTORS, THEY BROKER ROBINHOOD AND CAN SEE YOUR STOP LOSSES!REMOVE YOUR STOP LOSSES! THEY ARE TRYING TO TRIGGER CHAIN STOP-LOSS SALES TO REBUY SHORTED STOCK!THEY ARE TRYING TO ASTROTURF FOR SELLING GME AT $1K/SHARE ON FRIDAY, DON'T DO IT!DON'T SELL ON FRIDAY!FRIDAY IS THE GAMMA SQUEEZE, SHORT SQUEEZE FOLLOWS, BUT ONLY IF WE HOLDSPREAD THE WORD TO HOLD FASTHOLD THE BOOMER STOCK RANSOMSAND WATCH THE TENDIES PILE UP
>>26640131what happens if none of the investors will be able to pay up? I heared it moves up the lenders but what if the last one can't pay?
>>26640262That would mean that major lenders/banks will default anon.
>>26640262That will take a while, as payment cycles are months in time, which is just more time to hold the shorted stocks and squeeze harder.
>>26640244CHECKED, this! If you don't hold until monday you're an absolute fucking idiot
>>26640262Your question is interesting, but moot. The insurer (and the banks) have more than enough money to cover this shitty stupid small hedge fund. Theoretically, if they didn't, that would be absolutely fucking hilarious and I would take out three mortgages just to help it happen.
How has nobody made a Melvin wojak yet?
>>26640635You don't understand. When you short a stock your risk is infinite. So long as people keep buying up GME and not selling, the price will climb astronomically. If you took out three mortgages and put it all on GME you would pump the stock to absolutely insane levels. If we all go all in on GME, the price will guaranteed hit video game numbers. You can bankrupt the entire system by just buying and holding like a retard right now and it's fucking amazing.
What's stopping them from repeatedly buying & selling the cheapest 20% of orders?
Here’s some DD to help investors tomorrow when the time comes to act on GME. Watch ‘The Big Shirt’ for all DD on this.The plot is basically Dr Michael Burry is trying to find a 10XL shirt to wear to meetings with banks in order to discuss a business proposition. Something about mortgage backed securities but that’s not important. What is important is finding out whether or not he found the shirt.
>>26640816Which is why allowing naked shorts is stupid. But the system only changes when it gets burnt.
a bunch of redditors decided to buy GME and squeezed the price of it. It will only go back down since gamestop is going bankrupt
>>26640928HFT algos will eat their lunch.
>>26640995Gamestop is not going bankrupt and this move alone will ensure another 20 years of its life.
>>26640967Is this supposed to be funny?
>>26640979Yes, it's very stupid but that doesn't change the reality. They got caught and the collective mind of the internet has now exposed it and it will continue to spread like wildfire around the globe. Everyone is going to dogpile in.
>>26641180Elon Musk tweeted the news about 20 minutes before market close. It’s practically guaranteed normies are coming in to moon the stock starting tomorrow. I for one cannot wait to see the absolute shoah in Melvin’s offices on Friday. I’m imagining it’ll be something like the “Hitler ranting in his bunker” meme
My crypto can't liquidate fast enough. If it hits my bank before open I'm going all in with my lowly 25k. Potential -1250 almost living on the streets to >100k+ in less than a year if this pulls off thanks to you autists.
>>26640244what's the gamma squeeze?
>>26641128if they're not on the horn with a desperate lender they're fools right now
>>26640928that's what I asked
>>26633274why would they want to keep their losing position open? wouldnt they want to close the contract asap?
>>26640816>you don't understand>You can bankrupt the entire system by just buying and holding like a retard right now and it's fucking amazing.Oh, I think I do understand, friend, I understand this very well.
>>26631507WE ARE RUGGING WALL STREETI REPEATWE PULL THE FUCKING RUG ON WALLSTREETUNIRONICALLY HAPPENING
>>26623714>People will lose their homes, people’s mortgages and investments will be impacted as a result.boo hoo faggot, maybe you should've bought GME
>>26623714