/biz/ - Business & Finance

>>27107395
I see institutions piling into this stock as incredibly relevant, because it means that I’m betting on the house to win. The house, in this case, being comparable to Goldman Sachs when it preemptively unloaded its position in mortgage-backed securities during the housing crisis. In keeping with this analogy, the shorts are like the Lehman Brothers: cut from the same institutional cloth as GS, but getting fucked with the short end of the stick (i.e. bankruptcy and total financial ruin) instead.

HOW DOES THIS END?

I don’t have a definitive answer. I’m not a financial advisor or an investment professional, just a retarded 18 year old who started investing in October with 2k saved up from tutoring and probably spends too much time online. For what it’s worth, I do have an all time profit of 10,612.57% ($257, 768.72) as of today, but none of that was by means of comprehensive technical analysis or scouring page after page of financial statements from every single company I invested in. What I’m trying to say is this: I’m not an expert. I would like to get to Burry levels of autism, but it’s safe to say I’m far from that at the moment. What follows is essentially speculation, but I’ve tried to keep it as grounded, fact-based, and logical as possible.

Possibilites:

1. Short and Sweet: GME peaks next week due to the short squeeze. There is no market crash, no 2008: Electric Boogaloo Part 2. The shorts suffer heavy losses, and this draws to a somewhat definitive end. Heavy selling from both institutions and retail investors.

>>27107455
2. Market Crash and the Cryptofication of GME: The infamous infinity squeeze is realized in an unprecedented manner, lasting for weeks (maybe months) as the price of GME goes higher and higher in a Bitcoinesque fashion, retaining a similar status and foothold in popular culture in the process. If you guys didn’t know, what’s going on with GME is of widespread cultural relevance. The normiest of my friends are talking about it, I literally see memes about it all over my Instagram. This has garnered a lot of attention, something which could play into this scenario. As for the financial consequences: this would result in a market crash, possibly the biggest since 2008. Would this be the big bubble pop everyone has been expecting since the Fed began creating money out of thin air? I don’t know. Would this exacerbate inflation and accelerate the collapse of the dollar (previously due in 2025-2026, do some research into it)? I don’t know. All I know is that this possibility is significantly more profitable than the first one. After all, it’s essentially a prolonged version of the former possibility. I don’t know about you, but (in this scenario) I would probably hold it for a while then sell most of it upon reaching some obscene amount, leaving a little bit in there to grow.

>>27107516
3. Black Swan Event; Complete Collapse of the Global Financial system: It’s unlikely. In my opinion, this amounts to conspiratorial thinking and a drastic overestimation of the situation’s significance. It is significant, to be sure, but not civilization-altering. You remember that scene at the end of Margin Call, where Tuld tells Rogers that crises like these happen every so often and are borne of big money getting too greedy and not being able to help itself (140% short interest)? At the very worst, that’s what I think this comes down to. The first two are POSSIBLE, but the Black Swan theory seems like a reach. Sorry if you’re a post-structuralist leftist or pro-ethnostate Third Positioner giddy over what you see as accelerationism, but I sincerely don’t believe that this one is within the realm of possibility.

>>27107603
LOOSE ENDS

Brokerage Fuckery: I was genuinely outraged when this happened, and I too began to buy into the belief that the brokers were actively working against us retail investors in favor of their corporate financiers. This was only reinforced by the mass outrage all over social media, spearheaded by a few notable figures: Portnoy, Winklevoss, AOC, Ben Shapiro, and Ted Cruz, among others. However, I began to think about it more rationally. Remember, the mainstream media narrative of “Main Street vs Wall Street” isn’t very accurate, and unless literally ALL of the brokers that implemented restrictions on trading GME were majorly financed by hedge funds that have short positions (i.e. the Lehman Brothers, the big money that’s getting fucked instead of doing the fucking), there’s some sort of rational explanation to this. Remember, the institutional owners have no reason to impede retail investing; in fact, it’s likely that they encourage it. So, I did some research, and I found: settlement mechanics, cited by the CEOs of Robinhood and Webull. Basically, a lot of these brokers use clearing houses that put up collateral and basically cover the liability/costs of the trades made on the broker until said trades settle.

>>27107673
(https://finance.yahoo.com/news/robinhood-ceo-refutes-game-stop-hedge-fund-conspiracy-theory-and-reveals-what-actually-happened-234600703.html))

>In fact, the increased volatility around those stocks, including GameStop’s 300% rise this week, made it prohibitively more expensive for Apex Clearing, Webull’s clearing house of choice, to hold the liability of those shares while the trades placed by customers on Webull settled. “The cost of clearing those things have gone up by 3X overnight,” he said. “Our clearing firm simply cannot afford the cost to settle those trades,” Denier said at the time. “We cannot use customer funds to front that cost due to regulation so the clearing firms have to go into their own pockets to do it and they simply can't afford the cost.”

This makes sense, especially given this next part:

>Where Robinhood differs from Webull, however, is that it doesn’t use an outside clearing house. Rather, as a 2018 Robinhood blog post explains, the trading platform decided to cut ties with the same clearing house Webull used, Apex Clearing, to instead build the technology in-house. The blog post celebrates the achievement, noting that its Clearing by Robinhood platform was “the only clearing system built from scratch, and on modern technology, in the last decade.”

>>27107750
>Indeed, Robinhood may have been the latest to build this capability, but it certainly wasn’t the first. The respective clearinghouses established by trading competitors Charles Schwab and TD Ameritrade (Charles Schwab Clearing Services and TD Ameritrade Clearing) were built years ago. Coincidentally, TD Ameritrade reported more than $200 million in revenue made off selling its equities and options order flow in the first quarter of 2020 alone, according to company filings, with $83 million coming from Citadel Securities. In the same quarter, Robinhood reported $91 million in payment for order flow revenue with $39 million coming from the hedge fund. Robinhood’s same total in the third quarter more than doubled to $190 million. But through all of this week’s volatility, neither Schwab, nor TD Ameritrade had to restrict customer buy orders on GameStop, AMC, or Koss — a point the brokerages recently made absolutely clear when only margin requirements were proactively adjusted. Given the fact that neither TD Ameritrade nor Charles Schwab resorted to having to suspend even basic buy orders on any security, let along the incredibly volatile movers in GameStop or AMC, it begged the question: What went wrong with Robinhood’s system? And perhaps more pointedly, if Robinhood made this decision to take on the added liability of its own clearing house, why wasn’t the possible volatility addressed before it had to raise an emergency funding round of $1 billion dollars?

>>27107830
Basically, Robinhood essentially wants to make sure it has enough money to cover all the trades made during this period of unprecedented volatility. However, it doesn’t outsource this to a third party clearing house; therefore, this also checks out with the following article about them trying to raise money:

https://www.msn.com/en-us/money/companies/robinhoods-ceo-denies-the-trading-platform-is-facing-liquidity-issues-amid-investor-frenzy/ar-BB1dbB35

This is what I’ll say about the brokerage fuckery: maybe the brokers that implemented restrictions were indeed somehow all (extremely coincidentally) motivated by shady backdoor obligations to their investors, but the alternative (more and more retail investors are piling on every day, and the firms want to ensure they have the capital to cover the steadily increasing liabilities) is believable. It makes sense to me. Webull reopened trading because “the outside clearing house had been able to secure additional funding and negotiated collateral levels with the final intermediary in the settling process”, and Robinhood is allowing EXTREMELY limited trading because they still need the money but have become the scapegoat for accusations of market manipulation and Vlad doesn’t want to go to prison for like 30 years. I will say, however, that the limit going from 3 shares to 1 share right as the stock went up is suspect. Also note that I am not completely disregarding the aforementioned accusations of manipulation; it could all very well be true, for one or some of the brokers if not all of them.

>>27107906
Exit Strategies: I’ve been thinking about this. I’ve been up at 6:30 every day this past week, keeping an eye on the stock for all of the trading day. And I intend to keep doing so for as long as this lasts. Basically, there’s no guarantee as to when this ride ends. I’ve seen differing DTC (Days To Cover) averages, and that varies according to volume anyways. We don’t know when the institutions (the house/the institutional buyers) will sell; we don’t know if it’ll be in dribs and drabs or if it’ll be a mass coordinated selloff. Ultimately, I’m going to use two things to determine when to sell. First, short interest. https://twitter.com/ihors3 this analyst tweets out relevant stats every day (113.31% SI float as of today); http://isthesqueezesquoze.com/ is the oft-touted site that supposedly gets its stats from Ortex along with other cited sources. A substantial decrease in short interest is likely a good sell sign. Surely, there can’t be an infinity squeeze without short interest. Second, instinct. Idk man, I just have decent instinct. I’d like to think I make pretty good decisions and trades: I know when to push it and hold, and I think I’ll know when to sell.

I am not a financial advisor. I am invested in GameStop purely because I think it is an amazing company with great fundamentals and gargantuan potential. I like video games, and I like the stock.

Godspeed lad, screenshoting this thread

>>27107395
>>27107455
>>27107516
>>27107603
>>27107673
>>27107750
>>27107830
>>27107906
>>27107987

>>27107395
are you autistic anon?

It makes sense

>>27107395

You're a lot sharper than you think. What you said is what's cleary been on everyone's mind.

Good writeup

>>27107987
You should include diversification of portfolio and liquidity issues anon. What happens if users can't withdraw from Robinhood? The US dollar crashes? How to protect your net worth in that case

>>27107395
Institutional buyers is what kept the tankers in it until they were all flat broke

actual good post

I hope possibility 3 happens. If I can't be rich no one can.

>>27109542
Btc, gold tesla for the memes

>>27109469
yea
put my/everyones observations to letter better than i could

>>27107455
>>27107516
>>27107603
if i don't get at least 50k each out of my three shares i want to take down the world economy with me

>>27107395
>and, inexplicably, the Norwegian Government
based viking bros bringing about the second hyperborea

>>27107395
Quite a well written and thoughtful take anon.
With that being said... ACCELERATE

The White House has been monitoring this situation an yet still remains silent on the situation. The matter of Gamestop is of the security of the USA and the US dollar, its equities market, bonds, index funds, etc.. There's no way the White House hasn't stepped in.

They can't let it become a black swan event so the situation on restrictions on Thursday must've been them. If it was unrestricted, the the spillover effects of the market not having enough liquidity to cover the short positions would have been disastrous.

Now the White House is stuck between a rock and a hard place though. Who do they want the support of, the billionaires or everyone else? They can't admit they stepped in, otherwise the outrage and outlash would be even larger than the BLM movement and Occupy Wallstreet combined. But they had to step in for the security of the country. Their best plan must have be to scapegoat a few companies, most likely Melvin and potentially Capital, so a potential squeeze could be happening and let a few get rich. There's no way the White House would ever admit to fucking over the people.

anon I do think it is an institution slugfest that we are getting caught up in, and can profit from.

I’m just replying to bump your thread before I read it all cause I need to take a massive shit

I like to pretend it’s in a Bobo poster

>>27107395
regardless of what happens the stock will fall by april correct? april puts literally free money?

I said it before, THIS IS A KIKE CIVIL WAR

I'm afraid of what is to come lads

>>27110740
gov should just let the fucked up hedges and their friends die and pay everybody $500-1000 each for their gmn shares. Only way out. Gov can be subverted to serve billionaire interest but when the situation arises for their own survival vs billionaire they choose themselves 10/10 times. I think this whole event displays the new way to fight the billionaire class, put the gov in crisis and force them to make hard decisions

tl;dr

>>27107673
You forget about Elonmusk, Chamath Palihapitiya, Justin Sun and the Winklevoss's. Who all have huge stakes in Crypto. Why would they be pushing for the little guy? Think about it.

>>27107395
Give it to me straight biz, is there gonna be a market crash next week? I don't mean of GME, I mean the whole thing. I have money in stocks that's already suffered about 5% loss last week, idk if I can take another 10+% loss by next friday.

>>27111184
I like that idea, the gov is bound to make a miscalculation and finally we get SHTF.

>>27111268
i would say a lockdown tier market wide sell off is coming

make plans accordingly, this time I will be liquid and ready for cheapies

>>27111268
I mean we are in a massive bubble. Have lots of cash on hand because you cannot inject trillions of dollars of decor into a building with shitty infrastructure.

>>27111268
>is there gonna be a market crash next week?
i hope, except this time i doubt wall street and the jew/jew minion/wasp cabal will be able to come out of it unscathed, financially or physically. I don't think americans will just roll over or walk around with a picket sign this time around. i think everybody knows if 2008 2.0 happens there will be serious blood

>>27111268
I think so I liquidated 25% of my assets and am moving them into gold and Bitcoin just in case

Should I take my money out of the bank?

i dont buy the excuse about the settlement houses not having enough collateral. if that’s true, then stop ALL trading, not just buys.

these ceos all take fucking acting classes. im not kidding about this.

>>27107395
TLDR version: I am totally not a shill trying to get you to sell your stocks.

>>27111568
Op said don't sell.

I see it now, we're about to enter the first modern war of the internet age. Except no one will be dying.

>>27111268
it’s possible the ONLY safe stock to be in next week is GME

>>27111645
This anom gets it.

>mainstream media narrative regarding GME is a guise—whether it be deliberate or inadvertent
Probably inadvertent. Look at how the 2008 crash happened. All because the world is run by retards who don't really know what is happening.

>institutions
I have been talking to a friend a lot and trying to figure out a way that we could watch institutional volume. I think it would tell us a lot more about what is going on rather than listening to reddit and 4chan. For example, the fight at the end today was clearly fueled by a large amount of volume of an institution coming in to make sure the price stayed above 320.

I would like a total market crash, however, if it is an institutional slugfest it will probably just be a rebalancing of power in Wall Street with some of us making money along the way. It would be nice if it somehow fed into cryptocurrency if the fed has to make money printer go brrrrr again as I have a large stake there.

Brokerage fuckery seemed like a bigger deal than it actually is as well. If you used a real fucking broker and not a zoomer app there were never any restrictions. I believe you are correct in your assessment.

Two things I wish

>wish I could check short interest myself and the actual shorts and short calls
>wish I knew more and had a way to zone in on institutional volume rather than retail volume

Does anyone have any good ideas on how to do these two things?

>>27111637
but he also said
>Remember, the mainstream media narrative of “Main Street vs Wall Street” isn’t very accurate
which is bullshit. this is ALL ABOUT main street vs wall street. these kikes would rather die than give money to poor people.

>>27111645
im honestly pretty excited about all of this, even if gmn tanks tomorrow and i lose all of my money I'm just happy things like this can occur now with the internet. Its a sign of what is to come in the future. 2015 really was the last year of the old world. Thats when i graduated high school and it feels like it happened a century ago

They have enough capital for sure. The only end to this is a bloody red market with GME squeezing because of forced closing positions.

Majority of retail investors will win and so will the institutions that are competing with the hedges.

>>27107455
>10,612.57% ($257, 768.72)
i also have similar gains to you, what brokerage did you use? if you used robinhood whats your exit strategy besides hoping they dont file for bankruptcy

>>27107455
>I don’t have a definitive answer. I’m not a financial advisor or an investment professional, just a retarded 18 year old who started investing in October with 2k saved up from tutoring and probably spends too much time online. For what it’s worth, I do have an all time profit of 10,612.57% ($257, 768.72) as of today, but none of that was by means of comprehensive technical analysis or scouring page after page of financial statements from every single company I invested in. What I’m trying to say is this: I’m not an expert. I would like to get to Burry levels of autism, but it’s safe to say I’m far from that at the moment. What follows is essentially speculation, but I’ve tried to keep it as grounded, fact-based, and logical as possible.
This whole paragraph is completely useless navel gazing. Kill yourself

A couple things I want to point out now that it's chilled out a bit

1. What happened between 9:32 And 9:37? The stock froze for 5 minutes at the height of hype right at the morning. The charts I looked at all don't have data for those 5 minutes. It seems like they just thieved the most profitable timeframe.

2. It really seemed like they were trying to kill momentum. Hype stocks and pump and dumps really require momentum to keep going. The fact that it held so strong is confidence boosting for retailers imo. It genuinely means they're unifying and holding and not listening to a word that says otherwise.
I don't know how legit this all is, but the fact that everyone is sticking together is so refreshing to see in today's age, where we all get picked apart, toyed with, or succumb to fear tactics.
The stocks momentum slowed down, but the price stayed. I think they were trying to kill interest in it, and quite honestly, I think you guys showed them something that genuinely caused concern.
Unity!

it's just like smash bros
Gamestop is ZSS up air to up b combo on the hedge funds

>>27111906
I meant that the media is portraying the GME situation as a battle between institutional and retail investors even though that isn't the case; it's more like institutions against other institutions with retail investors getting in on the fun.

>>27112146
>that everyone is sticking together is so refreshing to see in today's age
money bro. There is nothing more unifying across lines than the potential or protection of money. Hopefully this will redpill a bunch of idiots hung up on stupid wedge social issues and culture war trash and realize where the real lines are drawn, and what team you actually belong to

>>27112146
Stocks halt a lot on massive volume. It didn't seem like fuckery today as I was watching compared to Thursday.

Is it true that Fidelity and Vanguard never restricted GME buying? They’re two of the biggest owners of GME. If they never restricted it it’s pretty damning evidence that other brokers were engaging in blatant manipulation since the guys that were long GME let retail help them the whole time

>>27111444
checked. Also, I think the monday effect is gonna fuck me pretty hard. I just hope there's a rally on tuesday so I can liquidate before any major losses. Fuck stocks, I'm buying gold.

>>27112146
I don't think it's average retail investors keeping the price up. The big institutions are mostly responsible for this. We don't have that much buying power.

>>27109465
>no mention of buying dogecoin
SMELLS AWFULLY SHILLY IN THIS THREAD

>>27110740
If the US government begins to violate debt contracts in favor of the people on the wrong side of the trade, because they have connections, they have already killed confidence in the dollar and US dollar debt contacts.

Forced selling, forced buybacks and other funny business will scare away global investors from the US equity market. Everyone invested in US assets will be like: "what if they rule in favor of the other guy"? The questions of "are my assets safe" come up, and people will start losing confidence. They'll hit "sell", and worst of all, they will move to another currency.

This sounds like how the "rule of law" could actually begin to die, and with it, the credibility of US financial assets. Investors will look elsewhere to park their money, because it sure as hell isn't the United States given its current predicament.

There are hedge funds who are pro-GME and anti-GME. The reddit "retail investor" is probably the volume that's needed to keep the price at a desirable level, but there are probably big investors behind this.

>>27110950
It's priced in for the most part. Everything about GME is priced in because the entire world knows about. It's best to move onto other trades that take advantage of the implosion GME will cause, like TLT calls. Add some volume in the GME trade, but only to support another position.

>>27112025
k now that i read the whole thing it seems to ease my tensions with robinhood, maybe they should not allow any new people to make accounts? or borrow an exuberant amount of money for the time being.

>>27112344
But a high was established in that time frame, yet I can't get data on the charts?
Can someone confirm where the $413 trade happen? It says that's the high but I'm not seeing it anywhere, and it would have had to happen at 9:32-9:37
I think they just decided to pull the plug for everyone else to play at that time.

im sorry but for all the rational analysis you’re leaving out that THIS IS AN APOCALYPTIC STRUGGLE BETWEEN THE BILLIONAIRES AND EVERYONE ELSE. the fact that there are SOME billionaires that threw in with our side (whether or not they started the whole squeeze play in the first place) is relevant but doesn’t change the stakes. either these institutions collapse and we make a shitload of money, or the mask gets completely ripped off as they cheat right in front of everyone and people lose whatever faith they have left in the current system. one of these things must happen, we can’t let this peter out into "well gee i guess i should pull out my cash at reasonable intervals and hedge both sides."

dont invest what youre not ready to lose, but also grow some fucking balls.

>>27107395
>It’s likely that this really just comes down to institutional infighting, to big firms fucking over other big firms while using Redditors as cover.
This has been my conclusion as well. I’m staying away from GameStop. If it does end well, that’s great, if not then I’ve lost nothing.

>>27112588
I saw it happen in real time and you can find it on Yahoo Finance.

>>27112328
I agree
To me, the best thing that's come out if this is where the lens is being framed right now.
I really hope you guys keep holding purely for the exposure this is getting. Everyone's starting to draw attention towards their true enemies.

Did you guys sent your message yet or not? very curious.

>>27107395
You could see it in the volume today. There was a set of whales buying tens of thousands of shares from 250 up to 300. You could tell from the fat ass block buys of like 2000 to 5000 shares at once.

>>27112626
retail is only something lik 14% of the stocks.
there are much bigger people than melvin and citadel

>>27112698
I used Yahoo finance, and im looking now (pc) and it is still blanked out between 9:32 And 9:37
What we saw was frozen for 5 minutes at open, but was clearly still being traded

bros do you think I can get in for $250 come monday?

>>27111760
You didn't spill breadcrumbs purposely on the floor did you, amon?

also robin hood was manipulating over a dozen stock today, allowing unlimited sells but only an eztremely limited amount of buys
https://m.youtube.com/watch?v=xj3RtkHth0o

>>27112447
J.P. Morgan's YouInvest didn't seem to restrict shares either. There was only a disclaimer regarding "volatility" put up today.

>>27112772
and the volume today was still a quarter of it'd been before robinhood cucked

Actually interesting and comfy thread. Thanks OP

>>27113045

I agree completely. A small island of sanity in this foul fucking place.

>>27112295
No, that is damage control and saving face. If people stop believing someone has power, they don't have power. Ask any assassinated roman emperor.

>>27112447
I don't use Fidelity, but I use BMO Investing (Canadian) and we were all good. I heard rumours that Fidelity was even allowing massive leveraging to buy still which is hilarious due to their position against GME.

>>27107395
Sacrifice a Jew to Moloch, get a Cultural Boost from it. The US is on its way in a currency warfare with China...over Crypto and in the same period some mass movement is crashing the American stock market lmao.
Psyops or not, shit will be wild this year. Hope the Yankee Troops are ready to kill some chinks.

>>27112691
shill post. any normal biztard would buy at least one damn share. even a damn bitcoin maxi would buy one share just to be part of it.

there are different iq levels of shill posts. this is one of the higher iq ones, saying 95% true things but ending with "it doesn’t matter who wins, there is no Us vs Them".

>>27109542
As soon as this squeeze comes to a conclusion you might want to consider throwing it all in crypto immediately

>>27112997
Yeah I’m lazy so i’m waiting for a list on this but it seems like brokers that are long GME didn’t restrict retail buying ever. Haven’t confirmed this to be true yet tho

>>27113205
Tru. Power is only as powerful as the muscle behind it. If the entirety of the SS decided one day to stop protecting the president, and every executive department stopped listening to his orders, the president would be as strong as Joe Blo six-pack.

>>27112998
I think that's because Robinhood is still limiting purchases. People are trying to move brokers and some were not able to do so in the one day. We'll see what Monday holds with retail traders on new platforms and with their checks in hand, since its the end of the month. We could see a flurry of buying again.

>>27113296
The time to throw into crypto was signaled a few days ago anon. Even now and within these few months are all great entry points. Just diversify your net worth.

>>27111268
GME goes up, then tendies get reinvested into other meme stonks. Namely AMC - it's the second biggest meme and has the most going for it overall.

>>27112454
Don't underestimate the power of meme magic. I absolutely don't doubt that there are institutions betting against the short (though that said, you can't ignore the fact that volume dropped a TON during the manipulation), but take a look at any social media platform and a good chunk of its gonna be about GME and WSB right now. Regardless of how much volume retail accounts for compared to big money, there are millions of eyes around the world scrutinizing this situation and rooting against the hedgies. One way or another, there are massive consequences brewing.

>>27113296
where can i start learning about this shit?

>>27112027
I'm trying to establish some modicum of credibility while still being transparent about my level of expertise, you insecure mong
>>27113045
>>27113167
Appreciate it

>>27112451
Monday will be a bad day I think. I do not have any GME but I have AMC and NOK lol. I am putting more money into crypto.

>>27113423
>>27113552
Where do you like buying crypto? I'm too much of a boomer and been doing stocks only.

The easiest way out of a doomsday infinity squeeze would be for GME to issue stock, I'm kind of surprised they haven't already. I wonder if they're reluctant to because it would hurt their new found cult status. I know I'm feeling much more inclined to go spend money at a GameStop after all of this and I can't be the only one. I wonder if they've done any sort of analysis on how much they'd make from issuing shares vs. long term customer loyalty from people making money on the stock.

>>27112328
"Success is going to bring us together" -Trump
One of the smarter things I think he ever said.

>>27113499
You keep getting dubs, this is all I need as proof.

>>27112691
it’s obvious, take a look at the options market. No anon or plebbitor is making some of those big trades. Guys like Musk and Chamath are making out like bandits. It’s a color revolution.

>>27113723
As far as I am aware they can't issue stock until March. I also have no idea why they would bother doing so.

>>27112691
>>27113835
There's multiple other hedge funds and big whales with an interest in seeing these prolific short hedge funds liquidated. Anyone who thinks this is JUST retail is really missing just how many big sharks there are because they smell blood in the water from these short funds.

>>27113632
I am new to crypto to be honest with you I think I misguided my words. I am putting more of my future savings money into crypto and not the market.
But I currently use bitbuy to convert fiat to main crypto like ETH and BTC and then binance to trade. I also just ordered a ledger nano s for my wallet. Other anons would be more helpful in this department though.

>>27109173
thanks lad

>>27107395
bump while I read

>>27107395
I read all this and it was gay.

>>27113850
I'm not educated as to the rules governing when a company can issue new stock or not, but they'd basically be printing money at these prices. There'd also be the possibility of external pressures and favors for them bailing out major players in finance.

>>27112891
Maybe on the big dip but not likely

>>27113282
I have 274 shares (with a 42.17 cost basis) and seven 2/26 115C. The poster you replied to said he's staying away from it, not me.
>saying 95% true things but ending with "it doesn’t matter who wins, there is no Us vs Them".
All I'm saying is it's not as clear cut as the class warfare narrative the media is running with, though there are observable elements of that here.

>>27107395
are you autistic boys money clan? saw you in the comments.

>>27114264
Idk what that is

>>27114224
>I have 274 shares (with a 42.17 cost basis) and seven 2/26 115C. The poster you replied to said he's staying away from it, not me.
>>saying 95% true things but ending with "it doesn’t matter who wins, there is no Us vs Them".
>All I'm saying is it's not as clear cut as the class warfare narrative the media is running with, though there are observable elements of that here.

Is it a media narrative? Is it really? I think that was our narrative, and it spread bc we used it. Why did we use it? That is where you should look into, if you want more answer to the source of this bullshit.

>>27112774
and that’s why i said it is a KIKE CIVIL WAR. the powers that be are very good at getting in front of populist movements, and and using them to their benefit. this is one group of jews using a populist uprising to flip the ruling class and become the new top jews.

but that doesn’t mean the populist revolt part of it isnt real. if you stop seeing the ruling class as a clique of scumbags exploiting the poors, then we fracture again into infighting and go back to having our wealth and lives slowly bled away again.

if the OP really is 18 then maybe he has forgotton what life was like before this corona prison. THIS IS NOT NORMAL. WE CAN NEVER ACCEPT WHAT IS BEING DONE TO US. we have to tear apart this corrupt society before it tears us apart.

You are not in control. You are long for the ride in a 55% institution owned. Another 25% owned by 2 individuals who probably cant sell due to insider knowledge.

> This is what I’ll say about the brokerage fuckery: maybe the brokers that implemented restrictions were indeed somehow all (extremely coincidentally) motivated by shady backdoor obligations to their investors
Its called jewry, you retarded blue pilled nigger. Why do think Hitler was so popular. Jews have been doing this shit for millennia. They look out for each other and scheme to steal the shekels of goyim.
Failure to understand this basic fact makes the rest of your essay garbage.

>>27114500
Sept 30, does any Anon have any inside why they bought in that month specifically? Are the hedge funds connected somehow?

>>27114195
When a company is first incorporated and wish to sell equity on the market, they must first approach the SEC in order to gain permission as well as determine the amount of shares TOTAL they will possess. Once that's done, shares desiring to be issued on the primary market has to be voted on and approved by the board of directors, or governance. With the help of the accountants, they determine how many shares they'll wish to issue, as well as the asking price.

They don't have to issue every single share that they possess at once. They can do so in increments. In fact, that's the normal practice. If they released every single share in their possession, they'd dilute the fuck out of their own market and it'd be counterproductive. Basically, the board has to meet and vote on whether or not new shares from their pool of total shares will be issued. Once it's out on the market, those shares become shares outstanding.

>HOW DOES THIS END?
The government steps in to fix the problem.

>>27107395
this guy sounds like a fucking sperg and his website is a bunch of shilling. I don't care about the 10-year bond rate because I invest in the total bond market, and will invest in bonds no matter how shitty it seems. if the corona ends and the economy resumes, worst case is that I have an age-appropriate allocation and partially miss 2 months of slow gains.

>>27107516
>Market Crash and the Cryptofication of GME: The infamous infinity squeeze is realized in an unprecedented manner
not really. the infinite liability is a function of of aggregate risk tolerance. prisoner's dilemma becomes more fragile at scale. I'm already plotting a series of GME sells, and only taking such a lame-ass non-index fund approach because it's inevitable that a GME parabola will occur next week. otherwise, normies trade on debt and lose money they must repay at 25% interest, same story as ever, read the old testament.

tl;dr OP needs a good night's sleep. terrible bags under the eyes, cheap suit, fuck him

>>27112891
Just place a limit order and cross your fingies

>>27112937
This guy has no clue

>>27107673
https://m.youtube.com/watch?v=4RS4JIEVyXM&feature=youtu.be

You mean these clearing firms?

>>27114733
no shit. if you can't see the truth in it for yourself, you're either right on instinct or too stupid to see the truth. nobody's gonna tell you tho, nor can they as it's physically impossible.

>>27112025
You're account on Robinhood is insured by the government for $250k on cash positions. And $599k on sureties

>>27112937
>also robin hood was manipulating over a dozen stock today, allowing unlimited sells but only an eztremely limited amount of buys
>https://m.youtube.com/watch?v=xj3RtkHth0o [Embed]

We know this, and? The Clearing House can't approve, because a massive amount of Americano Niggas trying to chase the next get rich quick scheme.

OP is right on one thing: this isn't "the big one"

I do believe it'll be big enough for at least a minor repeat of last year. +15% cap-weight stock index is as good as +25% (last year) on the decade-long and posthumous timelines I invest in

>>27107395
Nice anon, you gave a good summary of what people (those who are at least fairly intelligent, decent gut instincts, but by no means a trained financial wizard or stock broker) are feeling and what could happen next week(s).
I am really thinking that it will explode next week, and possibly after that week too. A few reasons:
>Ended at 325ish today after massive fuckery yesterday, AND people were still very limited in being able to buy
>Still shorted over 100%
>EXTREMELY high volume
And maybe the most important:
>Absolutely insane amount of faith in thousands (millions?) of strangers to not back down and sell when it gets too extreme as we all can make serious money out of this
Doesn't matter if you have 33 shares at $120 each right now like me, or 100 shares at $23, or you dumped your entire life saving's and college fund into it when the prices were high 200's and low 300's. People, for the most part, are holding together extremely well. Yes, when it opened and hit low 400's today it dipped pretty good, but by no means was it a catastrophe-I also didn't look at the volume of what it was. And I would expect this to happen again. Let us say that Monday opens and it spikes up in the first hour to 500. I would assume this would then dip as people sell (normies not from 4chan or WSB), but after a weekend of news coverage, people sitting and talking with others who got fucked yesterday, AND a weekend to sit back, sleep on it, and think, I really think MORE people will buy in Monday. I already have normie friends, like you, who are opening brokerage accounts and buying into this, AMC, NOK, BB, etc. Many will buy at a high price, and many more will buy at that first dip-all great for us, especially if our buy in stock prices are well under 200.

1/2

>>27115208
>How do we break through that 400, 500, 600, etc pay wall to get to $1000, $5000, $69,420, etc.?
I think the most reasonable shot at this is it to have a massive jump of momentum (maybe after that first dip if we hit 400/500) when people buy in (or those hedgie fags have to start buying kek) and it just keeps shooting up. People will sell or will automatically sell if we shoot up to say 600, but many won't. If it is strong enough, people could sit and watch who didn't panic and watch it go up like Tesla. If this happens and it shoots up to 700, 800, I think there is a VERY real chance that people will sit on it for the day, as it is a tease at possibly getting to the meme amounts of $5000 plus thrown around. Just my two cents, I like Gamestop stock cause I am a gamer, not financial advice, just the musings of a guy who can barely tie his shoes. Good luck and God bless anons, I just want enough to put a down payment on a house for my parents.
2/2

>>27114680
This. Theoretically the squeeze can go on forever and burn straight through the entire market. But it would take an extreme amount of autism and black hole hands from everyone involved to do that. Even still, everyone that holds until the short interest percentage starts really going down is going to make a lot of money. This will be the start of the hyper-inflation we've all been looking for and the demolition of the current financial system so that we can transition to digital.

I can see $1000 a share possibly. but $5k? $10k?
Not so sure, lads.

>>27115380
I believe the social media shilling will try and turn us against each other. the reddit "paper hands" meme on steroids.

the big wealth transfer already happened this week, and I'm scrambling into GME (just bought today on a non-pozzed platform, thankfully near the low).

the reality is that a good chunk of your sells next week will be the same kind of retards who bought bitcoin cash at the end. the machiavellin is okay with this, but the retirement-minded boomer in me wants to quietly 2x and rebalance.

everyone has a number based on their own risk tolerance/income/liquidity. respect that number. the real enemy is always the international banker, never your fellow small person.

>>27115380
Theoretically once we jump to digital, what happens?
How would the system work?

>>27114500
>Another 25% owned by 2 individuals who probably cant sell due to insider knowledge.
That makes it even better. It makes it easier to eventually soak up the entire float and then initiate the squeeze.

>>27115840
obviously the elimination of cash and the criminalization of gold. you saw what (((they))) pulled with the fake coin shortage right? and the covid businesses pretending not to accept cash? there's enough jews in total control right now to attempt to outlaw cash IMO.

>>27115616
I wish I was smarter but I agree. Is >$1k really possible? Could it happen next week? $5k feels like a meme dream.

>>27116015
another thing OP is right about: cash is king. I was late to the party on this, having paid off 2/6 student loans during the meme virus. but my credit score jumped +50, two high-interest loans are eliminated, and there's no interest through sept 2021. best move is to stack liquid cash IMO.

>>27116036
I think it is but the promise of a set number helps normies to not sell

>>27116036
Monday should give us a good indication of what to expect I think. That is when they have to start buying yeeah?

>>27116213
yes

>>27115305
>I think the most reasonable shot at this is it to have a massive jump of momentum (maybe after that first dip if we hit 400/500) when people buy in (or those hedgie fags have to start buying kek) and it just keeps shooting up.
This. Many traders are momentum driven by instinct even if they don't realize it. The very MOMENT we break 500 we're going to the moon, because breaking a nice round number like 500 (same as it was for 400, same as it was for 300, etc) is a buy signal for everyone. It would also initiate another gamma squeeze as call sellers scramble to hedge.

I was rewatching the big short and I have to give it to Micheal Burry. This man has been involved in two of the most historic market moments of my life.

But anyways, Ben Rickert (Brad Pitt) helps Charlie Geller and Jamie Shipley to sell their CDO short positions. Because there wasn't an open market on CDO's, Rickert sold the short positions to other traders. I'm already hearing of major players selling off shares. MUST Asset Management sold their 3.3 million shares and probably didn't sell on the open market. I'm also reading of a lot of long positions holders in the trending short squeeze situations are selling their shares. A holder in AMC sold and then a Canadian Pension plan for a teachers union sold out of their positions for MAC. Companies often do direct offerings to institutions, will sell shares from one trading house to another. Also there was alot of volume that the larger shorters have covered. This doesn't seem like a shorts covering situation to me anymore but instead people just buying it up. Shorters would be stupid not to have covered already and I'm not sure if I trust a lot of the short float % out there on free websites. This is what is currently trending in al the social media forums and websites. The information may not be real time. I tried to find some real time info but you basically had to pay for the information. I'm very spectacle of the gamma squeeze happening Monday but it will be an interesting to watch.

>>27114927
they can approve sells but not buys? and only on certain stocks? if it was about not having enough money they could limit it to a certain dollar value per account, not limit the buys of some stocks but not others.

>>27116036
mate this is the prisoner's dilemma, it all depends on how long are people willing to hold and how many

>>27109465
Also true that OP's dog really does talk to him. We all know this.

>>27111444
Witnessed

>>27110740
>The matter of Gamestop is of the security of the USA and the US dollar
this will never not be funny

>>27116192
>the promise of a set number
THERE IS NO NUMBER. you have to figure out your own number based on the shares you own, the cost you paid, your risk tolerance, and the X factor of how much you believe in "the cause."

furthermore, you should not shame anyone for selling after monday. the whole world sees the obvious inevitable parabola sometime next week. never forget that even though melvin capital and citadel are at the table, another 2 of the 5 spots at the table are your fellow gentiles.

not saying you shouldn't try and do well for yourself, but that the prisoner's dilemma will break down as exponentially fast as the stock price rises. that;s just the game, don't hate the players

>>27116213
map it out for yourself please and queue your trades in such a way that you're guaranteed not to lost money. the only way to lose money on gamestop (a literal money printer right now) is to get as greedy as the jews who originally caused the problem.

>>27115616
dollar amount isnt knowable, it’s about selling in the middle of the squeeze. that said it’s best to spend the weekend meming it up as much as possible. this is not the time to suddenly get sensible, it’s time to hodl the line, meme, etc. more excitement = more money. except we arent dumping our bags on anons, we’re dumping them on hedgies

>>27116438
I don't have a dog

>>27116640
get sensible with yourself and meme the shit out of it for everyone else. we're all playing against each other AND the hedge funds. but at least WE can shake hands as we both press S to spit on the graves of melvin capital and robinhood.

>>27112774
looks like this isnt true in 2021 which surprises me
https://www.nasdaq.com/articles/who-counts-as-a-retail-investor-2020-12-17
he makes the point though that most retail money probably belongs to ultrarich people who use investment advisors to manage it all

>>27116555
>USA is literally destroyed because of
>FUCKING GAMESTOP

>>27116248
Gonna be a fun day.I am sitting pretty as I sold enough today to cover my initial $6500 investment as I was unsure how fucked Monday would be due to the jannies of the government ruining our fun. 33 shares left, fingers crossed we can get to, I don't know, $7000 a share. I can dream.
>>27116257
Glad you agree. Especially if people (like many) are sitting watching the ticker in real time with nothing else to do, it makes it hard to break walls. However, if people see it shoot up from 400 to 500 and up without taking a serious dip, I think it is game on. The biggest thing preventing the stock from getting to the high hundreds and past $1000 is this momentum. Once we get a bit of that I think it takes off without a way to stop it.

>>27115820
My plan is to recoup my initial $2500 at $500. That will leave me with 12 shares and I plan on laddering them up until I have one left. Then riding that one to the end.
>>27115840
The idea is that everything will be put on blockchain. Fedcoin will be the currency of the masses and the underlying protocol coins will be traded by the rich and wealthy. Essentially two currencies with very little access for people stuck on Fedcoin. That's the dystopian version anyway.

The other possibility is that we go full decentralization, which I don't think is likely. Centralized Banking as an institution is too powerful to just roll over and let DeFi take over. DeFi will always exist in some form though.

>>27107395
I looked through the historic Market price on the Gamestop Website. You know what I don't get?
Who in their right mind would short this shit for so long?
https://news.gamestop.com/stock-information/historical-price-lookup?8c7bdd83-a726-4a84-b969-494be2477e47%5BGME%5D%5Bdate_month%5D=01&8c7bdd83-a726-4a84-b969-494be2477e47%5BGME%5D%5Bdate_day%5D=5&8c7bdd83-a726-4a84-b969-494be2477e47%5BGME%5D%5Bdate_year%5D=2021&url=

Especially when:
https://www.dallasnews.com/business/retail/2020/09/22/gamestop-investor-thinks-hes-got-a-plan-to-make-it-competitive-with-amazon/

Then I looked through reddit to find the Thread.
https://www.reddit.com/r/wallstreetbets/comments/janya1/gme_short_interest_a_summary/

Guys, is Reddit getting co-opted?

>>27107455
>just a retarded 18 year old
I stopped reading here.

>>27116625
>THERE IS NO NUMBER
I know m8, what i tried to say is people yelling hold to specific (1k, 5k, 10k, etc) numbers is what helps the average normie not to sell, getting a sense of relief that "most" will hold to "X"k.

Personally I've been monitoring the open market hours, and I'll sell when my guts tell me to but I still have stocks at ridiculous prices.

>>27115616
>>27116036
I've spent a good deal of time thinking this over, because I've seen the 10k meme, the 42069 meme, etc. The main thing to think of is how much money does a hedge fund have? Melvin Capital has 12.5 billion assets under management. Citadel has 35 billion. There's various other short hedge funds that are on GME right now, but I don't know who they are. I assume they have a good chunk of money.
So we can just run the numbers. GME has 69.7 million shares outstanding, but a good portion are actually held by institutions, etfs, and insiders who will not sell them. If we just go out on a limb and say that 50 million is the ballpark of tradable shares, then a share price of 1000 would be 1000 * 50 = 50 billion.
Okay, that's fair enough. That would eviscerate Melvin and Citadel. But if we assume there's several other hedge funds, each with their own sets of billions, then 2000 a share, for 100 billion in damage, starts to become realistic.
If you really, really went out on a limb and assume, say, 10 hedge funds each with 10 billion in assets were all piled on, then 3000 or more becomes possible.

I think the real place to look is where it becomes unreasonable, even if you are making assumptions. At 10k a share, that would be 500 billion dollars. When you get into that number, you've already destroyed the hedge funds and have instead moved on to the banks having to cover for it. It would be possible, assuming multiple different banks have backed these hedge funds. Citigroup alone, for instance, has 2 trillion in assets. If you throw in multiple equally sized banks, each of them with insurance policies taken out from various institutions, then I could see as high as 10k a share being able to be absorbed by the system, but with a LOT of damage.
Anything sub 5k seems like it would simply liquidate all the hedgies and the banks would be mostly undamage, but once you get over that its likely banks would get a bite taken out of them.

>>27107395
Why arent gamestop real owners not selling all of their stock right now?

>>27111268
Unless your old and planning to retire soon just hold them. They’ll rebound even if it takes years. Look at 2008. If it’s a total system collapse, which it won’t be, USD is now worthless so who cares. Money won’t matter.

>>27116625
I am going to set them up this weekend for sell limits. I already recovered my initial investment today of $6500 so I will make SOMETHING. Question is, how much. with 33 shares left I think I will stagger it like:
>8 for $500
>8 for $600
>9 for $800
>5 for $1000
And then hold 3 incase it really takes off. But I don't know. Reasoning is if it manages to break through $500/$600 it will keep going up.

>>27116160
You didn't understand a word that he wrote and know nothing about any of this. Liquid cash is the worst asset that you can have right now. It's inflated to shit and will only inflate further after this. Your dollars are about to become worthless and you're stacking them because you don't understand that they have literally zero intrinsic value. If you were smart you would not be stacking those dollars. You would be buying assets with them. Land/Stocks/Crypto.

>>27111184
The billionaires are the White House newfriend. The only way they're going to side with the people is for the sake of maintaining control over us. If there's another way to spin it, they will.

>>27116988
>$7000 a share. I can dream
man I wish! I'm plotting a mini parabola to recoup with profit and still keep 2 shares floating for discretionary market sells (I have 13 total, very unlucky).

regardless, this weekend is all about how we come to terms with the fact that we're negotiating against each other. it's adversarial among anons, but I really believe most of us can make it in this trade.

green wojacks all around is always better than 2 green merchants and 300,000,000 red wojacks. if ya catch my drift

>>27115616
Theoretically it could hit $30k if we have a repeat of the VW situation.

However, I think it would be best for a lot of people to just set a ladder or sell limits as people are not rational actors. But what do I know, none of this shit is really rational.

>Financial collapse because one hedge fund goes bankrupt

Imagine being this big of a brainlet

>>27117113
>My plan is to recoup my initial $2500 at $500. That will leave me with 12 shares and I plan on laddering them up until I have one left. Then riding that one to the end.
fuck yeah, I hope you make it. I'm also targeting $500 as a basic recoup cost, but may need to go higher depending on how much profit I believe I can take.

>>27117218
okay good, your gut is probably fine friendo. :)

>>27117279
we're gonna make it bros. even if I make $10k (lower current estimate) that's another $130k in my account come retirement.

>>27114378
Is this operation alamo 2? Is this happening again?

>>27117294
After the 2020 money printer got turned over to the inclusivity hugbox i can't blame people for getting out of this market while they still can. You're right that sitting on usd is a mistake though

>>27117294
you need cash to buy land, tard. down payments don't come from nowhere, and any gentile banker will refuse to service your loan if you try and scrounge up retirement funds for a down payment. also, most gentile loans start at 10% down.
t. saving for a down payment

>>27114065
Blockfolio is a great app to keep track of your crypto portfolio and it just added ability to buy all of the popular coins. Also has no transaction fees. Better than Coinbase, the Robinhood of crypto trading.

>>27117574
1. It's not just Melvin Capital that's short on this
2. it's common for a lot of their lines of credit to be interlinked, it would hurt many institutions

>>27116264
>Shorters would be stupid not to have covered already and I'm not sure if I trust a lot of the short float % out there on free websites
I think you might underestimate the stubornness of the shorters. From their perspective, GME is massively overvalued at this price point (it is), so they want to stay in their positions from such a high value, since its highly unlikely it would ever get back were it to dump back down and stay there. They could then close for huge gains. Its their equivalent of buying the dip.
But everyone buying GME knows that. We've built a cage to keep shorters locked up at high prices where they're uncomfortable. That's why they keep doing naked short ladder attacks to drive the price down. They're trying to get everyone to dump. The selling volume on those candles does not support that they're covering, either, because nobody is actually selling their shares, its just shorters selling shares to each other at progressively lower values. You can seven see it in the order books because it shows up with values 5 to 10 dollars apart at low volume, whereas real selling will always take place several cents apart at least.

Also do not forget that in order to drive prices down like they've been trying, that involves initiating new shorts in order to sell those shares to each other to ladder down with. The tricks they use to try to kill the stock are still shorts, so it will still increase the short interest.

>>27111911
Maybe the infighting amongst the plebs was just to get us battlehardened for the real fights? Destiny is real, and the world is a weird place sometimes. Contrary to most of modern American history, the right wing is now extraordinarily anti-establishment and the left-wing still at least believes that they are. If the establishment (specifically the Biden admin) that the left for some unknown reason believes is for them clearly demonstrates that they are still for the establishment... then the Cathedral is in a tight spot.

>>27117225
On one hand, you laid out a good case. Makes sense logically if the numbers are about accurate.
Other hand? Citigroup, with TWO TRILLION in assets, having to liquidate 1/4 of them would be almost impossible to understand the widespread impact it would have until it happens.It would be something, and not just because I would suddenly own like $400,000. It would be insane to see how much it impacts everything.
>>27117328
13 is better than most anon. Always could be better/richer/have a gf with bigger titties, but enjoy what you have. This is, basically, free money. I don't think many anons who got in early ish will lose much. However, the people who WILL lose money are those who spent a fortune buying multiple shares at 300 plus. But that is the normies problems. If they normies have to take one they can.
>>27117604
We are gonna make it anon. I had a friend who cashed out today, made $15,000 because he got in last week. He paid off his wife's car, paid off his debts, and has about $3000 left. Maybe not rich but man that definitely helps a HUGE amount.

>>27117294

this anon has no idea what he's talking about. Cash is king, but ONLY FOR RIGHT NOW at least. If you liquidated your portfolio the past few days, you're in amazing position to choose what you want to enter. If you held cash this entire bullrun, you've lost on so many opportunities and lost too much to inflation.

>>27116625
>the whole world sees the obvious inevitable parabola
Do you mean up, or down? I can't figure out from your post if you think the squeeze is inevitably on or not. Sorry, I'm dead (from waking up at 4am to watch premarket) tired right now so I'm kind of stupid.

Thank you OP for starting a good thread with people actually having a discussion for once.

>>27115164
Big one is?

>>27114909
>$250k on cash positions
fuck

>>27117794
>enjoy what you have
yup. that's the reason I bought in at all. I was just gonna buy bonds and chill (OP is a retard), but saw the inevitable mathematics/game theory at play and realized that I was lucky to get liquid in time. I bought in (no debt) at 291 and all proceeds will be tax free/reinvested. would be happy with 0.5x but there's something bigger here, I feel it.

>made $15,000 because he got in last week
fuck yeah. my dream profit is maybe $30k or whatever would realistically add another million after 30 years. any profit above $10k is certain to be a life-changer though. musn't get greedy!

>>27112295
Black rock bought stock so that they could lend it out for insane premiums and collect the collateral retard. They aren’t going to YOLO Billions of dollars. They aren’t redditors.

>>27107673
The issue with the clearing houses seems legitimate in this case, however I had no issues buying through my Canadian broker.
>>27107603
True, the funds involved only have something like 50B AUM.
>>27107395
You're almost certainly right anon. The delays to the retail fervor means that institutional money is heavily involved now.

>>27117916
the squeeze is essentially assured, yes. the height and width of the parabola is obviously unknown and the market parabola itself is a function of millions of irrational actor's own (usually flawed) analyses

>>27118086
consult yr crystal ball, bro. or just listen to OP who looks strung out on coffee and stock tickers, to the point where he can't see the decade for the day.

>>27117772
I've read that because Melvin was so successful (something like 30 or 40% gains last year) that a lot of copy cats have spawned that basically mirror their trades. There could be many banks exposed to the same trade, potentially even doubly exposed if one bank back two hedge funds both doing the same trades. They're supposed to do risk assessments on that kind of stuff, but we all know that shit can leak through the cracks.

>>27118384
>Melvin was so successful (something like 30 or 40% gains last year)
wtf? I'm up over 100% since last year and I invest almost exclusively in index funds. my total account returns are like 20% which is a sure sign to me that a market correction is soon (1-6 months).

>>27117711
No shit you need cash to buy land. I said use the cash to buy assets. Get some reading comprehension.
>>27117829
No anon, cash is not king. Assets are king. You're still looking for assets to spend the cash on. The other anon is saying to just hold and sit on as much cash as possible. He doesn't understand that if he does this then he will be bag holding worthless paper in the near future.

>>27118298
Okay thanks for clarifying. I agree with your stance in its entirety. The squeeze will be on, its just a question of when the prisoner's dilemma takes over. That's why there's been so much spam about setting limits of 5k or more. Everyone knows if the limit are low across the board, then anybody with higher limits ends up a bag holder, and the lower limits might have limited the gains to be made.

Personally I'm hoping we see at least 2000-2500. I've got my personal exit at 5000, but obviously if we hit a fat number, I'll sell just enough to cover my entry (I'm technically already in that position because I took out 3/4ths of my gains and spread them into other positions), and then watch the chaos unfold and figure out what number I can live with.

If it goes up to 2000$ i will officially have made it to six figure hell, so that is my goal. what is yours?

>>27112025

>>27117175
Holy shit that reddit thread gives me fucking chills. This is so much bigger than 2008.

>>27107516
>this would result in a market crash
Ok but wouldn’t it also mean I will have a shit load of money?

>>27112328
there has been an opinion I've seen floated around that the 08 crisis and the subsequent Occupy Wall Street movement legitimately scared the shit out of the establishment. Not because OWS was actually effective in anyway, but that it demonstrated that there is a legitimately angry mob of people who know exactly (well roughly, since The Fed is the root of it all) what the cause of the problems are in this country. Wall Street and the rest of the establishmtn saw this, and attempted to shift the blame back onto the masses by getting them to infight. How did they do it? Well, they largely focused on social wedge issues. On multiple occassions, Tim Pool has talked about how OWS started out effectively but eventually devolved into a bunch of retards mainly squabbling about identity politics. When people spoke, they had to renounce their privileges if they were white or male and would do other shit like starting by giving pronouns. He said that he had never seen anything like it before and is why he is so averse to that shit since it derailed something that coudl've been legitimately effective with OWS. I have no idea if any of this is true, but there has to be a reason why all of these large businesses, banks (even the Fed), and politicians have gone so hard on this in the last decade or so even though most of them clearly don't believe it, Biden and Kamala being prime examples. Just something to think about.

>>27113167
>>27113045
Go back, you absolute faggots.

>>27118210
Amusingly enough I did a cash advance of $4000 on my credit card with Wells Fargo to get in when the price was low-glad i did. Huge risk and cost me about $200 in fees but worth it. Already paid it all off. Now it is pure profits.
>musn't get greedy!
And that is the key. Everyone has different needs. Like you said, if it shoots up to $1000 monday I could cash in and walk away with $30,000 after taxes too. A down payment for a NICE house/land, throw it in my IRA, or buy a car (bad idea lol). Definitely any money made could be used to dramatically alter your life. Fun to imagine what you could buy if it hits like, $5000. I could give my parents enough to put a down payment on land so they can retire from CA before the state burns down to the ground by the transexual communists who run it, I could give my brother $30k for a house payment, I could keep $30k for ahouse payment, and fuck buy my dream corvette for $45k. Probably won't happen, but this weekend will be a good time for many smart anons to think about what even a small amount of winnings would do. Paying off debt, student loans, car payment, or help add to a house down payment is something you shouldn't turn your nose at in hopes of making millions.

>>27118591
>use the cash to buy assets
bro, my problem is that I already buy too many assets to have liquid cash.

>>27118597
come monday, we're betting against each other and not the banks. this is okay and normal. I will arrange things so that I recoup, take profit, and have a couple "surprise spike" shares to sell at market value. probably a small 500/850/100 gradient of mini trades. the task is to plot an inverse (negative) parabola that fits your personal situation, and to be happy that we're going Mr Robot on these fuckers for once (literally just once as far as i can tell)

>>27118512
Anon, I went from 100k to 470k to 0 then back to 200k since last February (if you want to know the story, I followed the market down with puts and quadrupled my account, but afterward continued to be a bear, also I wasn't as experienced as I am now in options and burned myself multiple times until I had lost it all. Only came back in the last 5 months through serious grit. I took a 2000 entry to 25k, fucked up a bit and added 6k more over three months, and got into GME with 31k for 512 shares at 59$ and rode it up to 200k).
This market is a total clown show and we're all actors in it.

>>27114380
This guy gets it. Anything considered threatening to the powers in control are either co-opted or destroyed.

>>27111268
You should really only have 10-20% of your money in the market
Take the rest out

>>27107395
Holy shit. An actual good post.

>>27118651
Yeah, that's why I said the second possibility is more profitable than the first

>>27118853
I would rather have assets than cash. I hate that this happened just before I move to another state because I have to keep like $10k liquid for moving expenses that I would have loved to YOLO with.

>>27118648
That thread was prescient. Just about everyone in there fucking nailed it.

>>27115616
Anon we're robbing banks here.

>>27107395
IT DOES NOT MATTER

If the price hits 20 it doesn't matter.
This is a fuck You and a wake up call about t corruption collusion and criminality in finance and government.

This is about a better Future now, not a one time stock trade.

We really are gonna make it

>>27118672
This is literally what happened. We've all been brainwashed into hating one another. I think this is waking a lot of people up though.

All rise for the $GME Anthem
https://www.youtube.com/watch?v=dYHa6bpa3V4

>>27116555
In thai the word for "5" is "ha" so instead of lol, they text eachother 555. Perfectly fitting get anon.

>>27118672
Let Rand and Ron audit the Fed. Really wish Trump gave them that as their solemn duty but alas.

>>27118793
just remember that if you're using a taxable account, please set aside 30% of profit so you don't get a nasty surprise come april. I'm in a roth account and I'm not withdrawing, not even to buy a house and not even if I make $100k.

>Paying ... student loans
lol some guy on reddit took his proceeds and paid his $23k student loans in full. very satisfying to see, but what a fucking idiot

>>27118892
oh. I just auto-invest into a total stock index and occasionally buy small-cap index and IT ETF. been getting a steady 12.3% without any effort whatsoever, which compounds to about 10.3% monthly after inflation.

given this very stable strategy, any sustained rate of return over 15% sets off massive alarm bells for me. why the fuck should my IRA double in value when essentially the entire service, entertainment, and hospitality industries are stagnant? it's illusory growth that will be consumed by entropy at some point.

>>27118793
This is very true. I'm hoping to hold long enough to make a down payment on a house. It probably won't get there but even $10k after taxes would go a long way to that goal.

>>27119039
I'm just saying that an honest (non-jewish) banker told me that my best move is to stack cash. someone offering me a pre-qualification letter for a mortgage, which I easily got without any fuss. so my move is to stack cash and limit the number of hard pulls until I'm ready to buy.

>>27107395
It's simply the hubris of a chosenite who had always gotten his way. Some people are like this. They suffer from a lack of having experienced real hardship and behave irrationally when things don't go exactly right. Like doubling and tripling down on a bad bet that never failed before now. This is human frailty writ large and it will end very bad. It's gone way too far already. And no one is going to back down.

>>27111823
no idea but it would be great to know institutional volume

>>27118600
Boy thats a tiny stack, you hold till 7 minimum

Sell or history repeats itself. Do the right thing, BIZ.

>>27115616
I have laddered sells at magnitudes of price increase.

I wish the hedgies luck when they try to cover their 100-250% short position lol.

I'm a normie who got in below 230.

Honestly I'm just a boy really, in 2020 got my first professional job and used some of the disposable money from my savings of that year to jump in once I saw that the squeeze is "guaranteed" but I never expected to make a lot. More like an experience to get my feet wet in the trading world but I quickly realized shit is bigger.

Half my shares are at 500 to recover and get a little more and the rest in 1k. I'm really just looking to learn how to move money and make it grow and all this doomsday talk gets me pretty anxious.

If I just have cash right now and a meme broker what assets can I get so I don't end up too fucked up? Buying physical silver/gold? Keep investing with the meme broker? I won't get verified in ameritrade soon.

Would appreciate the help now that things are pretty civil

>>27107455
>I do have an all time profit of 10,612.57% ($257, 768.72)
Impressive anon, do you play a lot on options or is the majority of this from getting on the train early?

>>27112489
tfw gamestop is going to give rise to the 2nd hitler

>year 2037
>never sold
>fly home from my vacation home in Rome
>I pay the house keeper 1 one-millionth of a GME to collect my laundry

>>27119329
Yeah taxes suck. I was thinking of originally using my Roth IRA to avoid fucking taxes, but the money would be better used now for me as I just finished graduate school. If I was a year or two into my career I would have hands down put it all into my roth IRA like you. Not complaining at all though.
>student loans
Yikes. I get why he did it, but why? If they are fed subsidized then he had no interest on them until September. as much as I hate it too, Biden very well could make the tax payers pay for his idiotic decision to take out that loan. Bad idea. I have $40k in student loans but since I work for the federal government they basically repay them for me over the course of 3-5 years depending on my service agreement. It would be stupid to just pay them off when I literally have them paid for me.
>>27119330
$10k added to your own savings for one is huge. Remember when the idea was to put 20% down on a house and people didn't and then it backfired?
>>27119608
Good idea for practice anon, but this is extremely unusual. After this ends and you come out on top, start reading finance and investment books and articles and learn "the fundamentals". Investing is that, investing, not short term gambling like Gamestop.

>>27119572
>keep short stocks and the peasantry will buy out all the institutions
>get rid of them and make another Hitler

>>27119438
If you want to stack cash for a house that makes sense. But stacking cash just to stack is pointless. Obviously keep a little around for emergencies and day-to-day to shit, but hoarding cash for the sake of it is pointless.

>>27111823
>wish I could check short interest myself and the actual shorts and short calls
Normally people were using this
https://iborrowdesk.com/report/GME
But apparently reporting for shares to short may have been restricted or cut off, because other sites that normally updated every 25 or so minutes haven't had updates in several days.
These sites do not list the short interest, instead they list the number of shares available to short. This is a good windsock for short interest because if the number of shares to short is very low, then its likely short interest is very high.
Since those are having issues, I recommend following Ihor Dusaniwsky on twitter:
https://twitter.com/ihors3
He has tweeted out the short interest according to the S3 algorithm that his company uses.
https://twitter.com/ihors3/status/1355249817048522755
According to them, short interest still remains at 113% as of 45 minutes before close today.

>>27118793
>buy my dream corvette for $45k

You've completely discredited yourself with those 6 words.

>>27112447
I wasn’t able to market buy in vanguard. I was only able to limit buy. I still bought low but I was only allowed to get dumped on.

>>27119762
If you need to use a taxable account and it works, what's wrong with that? we're all making it in our own situation, which is the best outcome. the alternative is to continue getting raped by the financial tribe.

>I have $40k in student loans but since I work for the federal government
PSLF is based. I'm still assuming that AOC and friends will force some kind of cancellation ($10k would all but wipe out my debt). even if it doesn't happen for (((reasons))), I'm def gonna make it.

>>27119925
It was a joke anon, but wouldn't it be 8?

>>27119449
Why should anyone back down? It's survival of the fittest. This is natural selection playing out right in front of us. Any interference in this evolutionary process will incur far more cataclysmic consequences down the line.

>>27119873
agreed

>I wasn’t able to market buy in vanguard
me neither. you'd have paid a higher price if it were allowed FYI. check the ETFs to confirm

>>27119700
I got from 2k to 18k with NIO calls, went all in with GME shares last Tuesday, and sold half of that this Monday to put 20k into 2/26 115C (for GME as well). So yeah, the majority of my profits are from getting in early at 38.41.

>>27119762
I was using going through the finance course in Khan Academy and in the middle of it I found about this. I knew from the get go that this is not an usual scenario but for that reason I jumped in, it might never repeat again.

But after this? In the worst case and shit collapse, what would be the best option for someone with only cash at hand?

>>27120016
Most definitely. People really need to step back, especially if they bought small number of shares or at a high price, and think about what even a small profit would do to change their lives. Hope the weekend helps with that.
>studentlaons
Yeah, debt isn't fun but if you use it to your advantage it is a good tool (that many get crushed by). My grad degree got me a higher pay grade for my job, easier yearly promotions, etc. Easily worth it. Shit, the pay bump every year form just having a MA degree pays me $40k in like 2.5 years.

>>27107395
Keep the stocks and vote in the next board meeting.

>>27107395
They know they’re losing on this one just attempting damage control.
Shilling in full force, spreading misinformation about closing out their shorts, shutting down trades. Barring an enormous and unprecedented sell off we’ve already won.
For your own sake just fucking hold lmao the squeeze hasn’t even squothed

>>27119608
>I'm a normie
from WSB? just curious. normally we'd tell you to go back, but times are different atm kek. in my opinion, something you should have at least a little bit of is physical silver. I'm sure I'll catch flak from some people, but depending on where all of this goes i think it is wise to have a little bit just in case. I would suggest even junk silver, like Mercury Dimes, really hard to go wrong with those IMO. Otherwise buy 1oz bars/coins or fractionals, don't buy like 100oz bars or anything. Tough to re-sell or actually use if you ever need to. Silver is one of the most manipulated commodities in the market, so it could either be a good investment or just insurance for turbulent times.

>>27119608
In my opinion the best asset to buy into to hedge right now is BTC. I don't even really like BTC. But after the market crashes--and it will crash--people are going to be looking for stores of value. Bitcoin has been in the news a lot and a lot of people are going to rush it I think. This is what I think will force the Fed to transition us to the digital economy they've been working on behind the scenes. Nobody is going to trust the market or the dollar very soon so they need a replacement system ASAP that promises to fix the problems of the old. Basically they're creating a problem and selling us the solution.

OP got no balls and paper hands.

>>27120085
Hello fellow NIO chad. NIO is what drug me back from the depths of ruin and back up to 40k. Only reason I went back down to 30k is ICLN dumping ass. GME really saved me though. I just wish I had hoped in at 20 instead of 59.

ok. i have no clue how this is going to go down.

Brainstorming a few scenarios -

Intervention - SEC steps in and "re-calibrates". What a shitshow this will be.

Trickery - The old adages are there for a reason. They know what we know, but we don't know what they know. That means longs only have a 50% chance of "winning", says ole' slanteye tzu. Don't blame the messenger here, and I'm not stoking FUD. Sure they are panicking, but when I panic I gotta do gay breathing exercises and grounding drills. When they panic they call the direct line of presidents of nations with nukes.

I would not be surprised if forums start getting shut down as part of a stop-loss. Shit they could post completely bullshit data and lie, and a 1b fine would be peanuts compared to a black swan. You gotta think of all their corners.

But... lets say it moons for real.

I'm trying to process what Robinhood can do. If (big if) the wall is actually being held by a million retards with 5-10 shares each mostly on RH... what happens if RH breaks? I don't even know what could break, but I sure as fuck wouldn't want to have 1000 shares in RH when shit moons and not be able to execute or something. People with actual brokerages will probably make out like madlads.

>>27120231
Uhh hard to say anon. You already seem smarter and more humble/aware than most so that is good. I am not any form of advisor, but if you can get a brokerage account setup with a bank they generally can offer you various levels of advice. For example, Wells Fargo has accounts where you do all the trading, ones where you have a broker who does most of it and you give general inputs, and then some where you talk to them every week and they map it out for you.
If everything collapses (highly unlikely) buy guns and ammo and start hoarding women to sell.

>>27120403
Make no mistake, when the squeeze happens, it IS every man for himself. I think that much is generally understood. There WILL be bag holders posting massive loses with shares they bought at the high 300s now worth 1/30th of their value.

>>27107395
Let's be for real, they're going to try to jew us out of the moon.

>>27120434
>If everything collapses (highly unlikely) buy guns and ammo
He should do that right now, because he won't be able to when the collapse happens.

>>27120434
Sounds like a plan.
Thanks m8

Really disappointing the amount of people in this thread who have limit sells set for 1k or less.

>>27119329
>total stock index
US Market or Global?

>>27120547
Try? They've already done it twice now with the Robinhood stoppages. Once everyone moves to a real broker like Fidelity, TD, Vanguard, etc, then the moon might be back on. There was also a point made about it being the end of the month, so people getting their checks will cash them in and buy more GME.

>>27107395
Volunteers of Gamestop

What is going on in Wall-Street?
We are squeezing(We are squeezing)
Getting money through the street
We are squeezing(We are squeezing)
Oh, Hearing all the cries and laughs in the street
We are squeezing(We are squeezing)
One generation got old
One generation got broke
This generation got nothing to hold on
Than throwing it down
Hey, it's time to go through the sky
We are squeezing(We are squeezing)
Hey, we are groping them to the ground
We are squeezing(We are squeezing)
Who will broke you for good, we will and who are we?
Well, we are investors of Gamestop (investors of Gamestop)
investors of Gamestop (investors of Gamestop)
I've got a retribution
Got a retribution

What is going on in Wall-Street?
We are squeezing(We are squeezing)
Getting money through the street
We are squeezing(We are squeezing)
Oh, Hearing all the cries and laughs in the street
We are squeezing, oh-oh
We are investors of Gamestop
Yeah, we are investors of Gamestop
We are investors of Gamestop (investors of Gamestop)
investors of Gamestop(investors of Gamestop)

Volunteers - Jefferson Airplane

Do a cover faggots

>>27107395
none of you are getting paid. RH is claiming insolvency, you fucked up bad. that is all.

be as mad as you want but you did this deliberately and that is their legal way out. you will not be getting your 50 millions or whatever the fuck.

you couldn't just let a good thing be a thing. you had to be stupid. now you all suffer. i hate you all so much.

>>27112489
The issue with GameStop is that everyone knows that the current price doesn’t make any fucking sense. The fact that it was able to hold at $300 today shows that the market can’t price things correctly it exposes that our market is fundamentally broken. Logically the shorts should be winning but if everyone decides to join in on a fucking meme and buy things just for the lulz does that mean the stock market can’t allocate capital correctly anymore.

If the masses can convince a few whales to join in on the meme how the fuck do we have a rational market anymore?

>t. retarded 18 year old
>>27107395
>the house always wins
Stocks are not gambling and this is an empty trope
>I'm a retarded 18 year old who made 10,000% since October, also here is no proof at all, but also I'm not an expert
Your arguments should stand on reason and numbers, not appeals to authority. Making previous trades does not guarantee success in a future trade. Also posting this with no proof is lol
>>27107455
>HOw does it end? I don't have an answer
Lol
>Short and sweet, no market crash
Source: trust me guys, not the math
>>27107516
>Bitcoinesque
>literally
>I don't know
>I don't know
>I don't know
>>27107603
>Black Swan event
Amazing how the nomenclature sticks huh
>Its unlikely
Source: trust me
>Drastic overestimation of the significant. It is significant, but not civilization altering
So you're telling me the price will be somewhere between $0 and $1,000,000? Is this similar to overestimating the significance of a significant event that is not civilization altering?
>You remember that scene at the end of a movie? Yeah just like that
Yup, Hollywood is entirely independently contracted and also doesn't belong to the 1%. Also saying its just like a movie? Come on bud, you gotta be able to see that one
>>27107673
>I believed the brokers were working against us, but when I used my big brain I realized that since the 1% is also on the cashing in side, its obviously Robinhood is looking out for us
You mean like when they suspended trading and force sold shares? Come on anon, this is extremely small brain. The market doesn't work at all if there is even a shred of doubt about the reliability of the market. This is why the gov is wary to intervene, it will destroy the entire American market for the next 100+ years.
>>27107987
>We don't know
>we don't know
>I'm gonna sell on instinct
Its time to stop posting.

>>27120524

in my ruminations, i predict much heartache in that scenario. can you imagine 100 shares, and you have an order in, and some people settle at ridiculous prices but others don't? is it a chaotic scramble? do they have any way of hedging with "marked" lots and in the event of a moon, only executing on their own hedge?

If this sounds retarded, I've been up for 2 days and my background is clearly not in securities trading.

>>27119240
Stunningly brave

>>27107395
because everyone's being played.
>some guy who makes a "good" call on how to get rich quick decides to "help" randoms and not just use their wallets
>rich beat either aren't going to lose money, or are just covering their losses, or using you to make more money
>people spam all sorts of pump and dumps
>brokerages lock you out so you want more or think that it's more popular than it is; less people would buy gme at $300-500 unless you made it so 'they can't have it' then they'll buy it for double that.
>everyone telling everyone "just one more day, just one more week, yes it's over friday, it's over monday, tuesday, yes buy more thursday."
>rich celebs jumping on
>news jumping on
>that girl out of your league down the street who only hangs out with black people knows about how there's gold in the stock market
>nobody showboat retards on the soiddit start screaming about how they're a movement and they're taking down the big evil rich boogie men by telling people they're totes dropping 100,000$ on stocks today
>tons of people posting "life changing feelgood stories" about it
the cycle of parting stupid people with their money is never ending, and i'm sure when they don't get rich like promised, it'll be everyone else's fault but theirs that they remortgaged their mom's third kidney to buy 5 stocks.

>>27120231
It depends on the severity of the collapse. Buying gold/silver will work as a store of value for when the economy recovers or as a form of currency if the world ends. Buying BTC is hedging for it to be used in the new digital system but that is 100% speculative and thus very risky. Buying land is good because it always has value. You'll never be homeless! Everything has its pros and cons but you do have options.

>>27120377
I was at 390k yesterday, then I went down to 36k. I had every chance to sell, but I didn't and ended the day at 160k. My balls are actually absurdly larger than yours.

>>27120287
it's a math weekend. student loan debt is actually quite comfy right now and I'm not inclined to pay any of it.

also lol at your MA cuz i rejected the thought of a PhD on the basis that it would decrease my salary ceiling by about 50% (uneducated software going into biochem). I only know a single PhD in that field who makes more than me.

>>27107455
If you're 18 years old and you type like that then you're doing really good. You'll get to burry levels but always stay humble, always keep an open mind, and always expand your knowledge. Props bro.

As a side note, lift weights, it's the shit. You'll make it far.

>>27120601
Good point. Speaking of, found 5.56 and 9mm today for semi normal prices. Pretty good Friday.
>>27120614
What I would do after this though is put your money into a savings account with a super low return but is safe while you debate what to do next and think about it. Making, say, $5000 like that and then instantly turning and burning it would be a shame. Sit on what you make for a bit and think about how you basically got it by shit posting on 4chan for a week. I said in earlier posts, people (not you) really need to think about and be realistic in what they can get out of this. I am not saying $3000 or whatever per share isn't possible, but most of us will not walk away with millions. This is however a FANTASTIC way to get a huge leg up in life, especially compared to so many right now.

>>27120287
This is why I didn't go to grad school. I got my bachelors without debt and knew the masters wouldn't be worth the debt.

>>27120653
VTSAX

>>27120774
big brain take but you miss the sheer retard groupthink power of normies. mia khalifa tweeting financial advice is a good enough death knell for me,

>>27120748
You misinterpreted what I said several times and focused on semantics instead of the substance of what I was trying to say. Anyways, here's proof

Just asking, how do you know that not literally everyone will pussy out and sell at 1000? what happened with vw that let it break through that barrier?

>>27107395
>>27107395
So, in other words, buy?

>>27120703

even RH uses an underwriter

you seem upset

>>27120937
I'm never able to draw a solid conclusion because it's impossible to tell.
Either it's a big brain scheme, or people are really retarded. Not mutually exclusive, but unsure what came first.
It's a lot more fun coming up with the schizo big brain stuff than a ten word essay on why you can't fathom how humanity made it so far with a majority of subhumans.

So today we seemed to have a buy wall at 275 that struck as soon as it was hit, now it is somewhere around the 300 mark.

Do you think it would be a potentially good idea to sell at 500 and try to get back in around 300?

>>27120853
>You'll get to burry levels but always stay humble, always keep an open mind, and always expand your knowledge.
Thanks man, I'm majoring in econometrics when I start college this fall so that's the plan
>As a side note, lift weights, it's the shit.
For sure, I'll check it out

>>27120833
Same anon. I am set until September. I am coming out on top of COVID. Anyone who does is going to have an insane advantage. Many people unfortunately will have their kids and kids' kids suffer from this economic devastation (thanks government for helping crush us!).
>PhMeme
The issue that bothers me most is that higher education and MA degrees onward are now fucking meaningless. It isn't a bastion of intellecutialsim like they pretend it is. It is a diveristy freak show for pseudo-intellectual communists who didn't play contact sports in high school. Research is a joke, capstone projects are trash, papers for classes are trash, everything is. I also got an MA in a liberal arts, so I wasn't expecting much, but man. The amount of people I know who went on to get a meaningless PhD just so they could say they were a doctor was astounding. The best thing? Deep down, they know it is a fucking joke. Get a PhD and teach when you're older and have some life experience you fucking queer.
>>27120886
Yep, lots of people in my grad school class have shitty, 40K a year jobs for some meaningless NGO pretending they are big shots. Gotta way the options of it. Only reason I went was for the pay grade (and to smash 22 year old pussy while I was still surrounded by it)

>>27107395
I held onto my options contract after last Monday's gamma squeeze. I think I may be retarded, but I'm hopeful this shit pushes this week since contracts expired today ITM.

>>27120794
I guess my best bet now is getting gold/silver.
I don't' have the acquisition power for land yet and as a Non-American ameritrade will take to 5 days to verify me.

I just hope shit won't end to bad, still, first priority is coming out of it in green. Hope most here get what the expected or close to it.

>>27113296
Buy gold and silver. It's better.

>>27120994
*schematics, you fucking idiot.
give me about ten minutes and i'll dig out my screenshot showing my positions. i'm up 500,000$ just from yesterday.

>>27121200
Not to be a faggot, but an open mind is an empty mind. Keep a full mind full of what you believe in, but never be afraid to admit you were wrong and see other's points of views. There is rarely a right and wrong and always two sides to a story. No one likes a spineless pussy who just agrees, but being able to articulate why you feel about something a certain way, listen to someone describe their 180* view on it, and not act like a sensitive faggot puts you insanely ahead of most people.

>>27120712
Shorting 140% was the true irrationality, anon. This is merely the market correcting what it sees as hogs that need to be slaughtered. Nobody gives a shit if shorts want to hit a stock hard and get up to 20 or 40% or whatever.
But when a massive hedge fund overleverages itself and starts doing something so blatant, the market really ought to demand (which is what its doing now) that this kind of behavior be dealt with.
The alternative is massive hedge funds running about, producing nothing, destroying companies with aggressive short selling. AMC was JUST saved by the squeeze because they converted 400 million in debt to shares. They would have gone out of business had the squeeze not saved them from these shorts.

You might call it the market being broken, I call it the market being fixed.

I have 1 GME and 13 AMC. It would be much more if those Jew faggots hadn't stopped me from buying.
How fucked am I?

>>27121381
What do you mean that's literally nothing burger, unless you got in at like 500

>>27121259
>schematics
Okay now this HAS to be a troll.

>>27121381
What did you buy at?

>>27121161
the essay is: "white people helped them." anyway, my whole theme this thread is reminding everyone that come monday we're betting against each other, but it's all good sport cuz fuck the bankers

>>27121214
PhD in biochem is legit, but I honestly make enough money at my meme job with guaranteed loan forgiveness and ample free time to fund any research I want to do independently. also sci-hub exists if i still didn't have multiple valid .edu's left after undergrad

>>27121440
haha very likely, but it would be very entertaining if it wasn't

>>27120774
I have to agree somewhat with this sentiment. When EVERYONE is in on it, it is getting close to falling apart. It is always like this. I don't think it's going to fall apart immediately on Monday, but if Monday isn't MOONday then people are going to start bailing pretty fast.

>>27121440
I keked

>>27121435
>>27121444
Bought AMC at 16 like a retard, but I was blocked from buying until that point.
Bought my GME in a similar fashion at today's low of 250. I feel good about GME but the AMC has me really pissed off.

>got in at 330

How fucked am I

>>27121259
>schematics
Ok
>i'll dig out my screenshot showing my positions
I literally don't give a shit, you were the one whining about how I didn't show proof you absolute spastic

>>27117711
I'll be buying land with gold.

>>27121582
You'll be fine. If you have paper hands then you'll probably have time to sell on Monday at a price higher than your entry before the real volume hits and we either explode up or have a fight for 300 again.

>>27121571
>>27121582
I thought I got in late at 60. You guys help me feel better. Still wish I would have bought more though.

>>27121582
Fine, new floor is 325 definitely going higher have you seen the bull flag?

>>27121571
You will make off of GME. Probably at least a couple hundred if you do it right. AMC is a total toss up.
>>27121514
Yeah I was talking mostly about liberal art degrees. Almost like hard sciences don't allow total mouth breathing transsexuals in as there is normally an objective "wrong", not to mention life and death situations if you get into medical field.

>>27121638
good luck, pressing F for your descendants

>>27121582
the gamma is guaranteed, and high probability the short is guaranteed where the holders decide when to cash out. So now we follow meme stock rules, it will crash on:
>420
>1000
>1488
>2000
>4269
>5000
>10,000

>>27121688
We're all in this together, fren. I didn't know about any of this until about 4 days ago, so I am very new to all of this.

>>27116625
>even though melvin capital and citadel are at the table, another 2 of the 5 spots at the table are your fellow gentiles.
they're honorary jews

>>27121697
I noticed the bull flag today. You can see it on the 1 month, and the 1 week chart sort of has one, but its tainted by the huge dip (artificially created by Robinhood restricting buying) down to 150 on Wednesday.
The fact we closed at 345, then 200, then 325 almost makes me suspect we'll more likely be striving for higher on Monday than lower.

>>27121727
>hard sciences don't allow total mouth breathing transsexuals
biology is soft science. also there are PI's in all sciences literally begging for the mythical qualified black woman to appear. cuz if they don't hire this paragon of excellence, they get punished with time-wasting diversity seminars. glad to just duck out and call my union rep is HR tries any funny business.

>>27119961
Why would you ever market buy? What the fuck. You can get raped

>>27121751
We need to start moving numbers higher...no jokes

>>27121751
I think we managed to clear a lot of the 420 sells out by calling them out on their shitty limits. Anything sub 1000 is shameful. I can live with 1488 because its so close to 1500 anyways.
Honestly I think the 1000 wall will actually be the hardest, just because that seems like such a nice round number and its the lowest of the targets, so from a prisoner's dilemma perspective it make sense to choose it.

>>27121727
Yeah that's what I'm thinking. I am now expecting AMC to be a slow burner that maybe goes up in the summer (if the malevolent satanic cabal that has deliberately destroyed the west with a scam 'virus' decides to let us have some freedom back)

>>27121853
my brother is finishing his rotations for PA school. He mentions how so many obese girls in his class would give presentations on heart disease, or how one black guy came and said that micro aggressions cause blacks to die more because of the stress making them eat more and have obesity/type 2 diabetes/heart issues/etc. Not a joke. I spoke to soon. Idiots are everywhere, but definitely herd into certain fields more than others.

>>27121861
99% of people investing this week can only buy fractional shares which i doubt can be bought with limit.

>>27107395
OP how does one reach your autism levels? you seem to be doing well for 1-years worth of trading

>>27120748
lmao this is an actual hedgie

I'm thinking this situation would be resolved in a very unclimatic manner.
Look, at the end of the day someone is OWNED gamestop shares. That someone is the person/institution that lent the share to Melvin in the first place.

Well, why can't Melvin just go to that person/institution and offer a settlement outside the realm of the general market? Like:
- Look, I can't get you those shares. I can get you 50$ for each share that i owe you. Otherwise, I go bankrupt and you get to sue me for the next 10 years. What do you say?


This way, the debt is settled and we are all left holding the bag.

Remember, it's called a "market" for a reason.

>>27121727
GME on the other hand, seems certain. I am hoping for it to reach at least 500 again before I sell. I want to hold forever but I can't right now. Do you think 500 is a reasonable amount?

>>27121873
there are no meme numbers after 10k, we won't moon above that.

besides, this stock isn't maintainable, we have to cash out in less than a year and have to pay up to 37% in taxes in all 300k+ earnings. Exit strategy is to basically earn close to 300k as possible since anything beyond just goes to Uncle Sam. (This is not finance advice, read a book)

>>27122001
I spent all undergrad awash in commie tranny jew propaganda, to the point I averaged less than 1 class per semester at my alma mater by the end, taking 6 consortium classes each semester instead. those people are spiritual niggers and make poor life decisions. one girl I know married a guy who circumcised himself with a razorblade in the shower. afaik she's still an "artist"

>>27121000
Reddit will hold until the very end rest assured. They have no survival instinct or preservation mechanisms.

Fuck if it hits 2305 I’ll be a millionaire. Is this a possible target?

>>27121973
AMC I think is a much better idea to hold. GME is obviously people are dumping soonish (days or weeks, not months).
Definitely think 500 is reasonable. Shit two days ago it hit like 480? Monday it should fly high, but who knows. Normies are piling on and this weekend is going to drive up people's anxiety/fomo/resolve to hold. Then the hedgies MUST buy back Monday. The question is how many people dump to them when the price goes high.
>>27122175
Yeah, same for me. I had a good time in college but man, its a fucking day care for young adults now. Fuck seeing and think and hearing other points of view, experiences, thoughts, and ideas. Anyone who disagrees with you is a nazi. The solace I take in this is that these degens won't procreate, and if they do, their kids will also suck and add to the NPCs needed to keep the world spinning.

>>27121327
Wrong and stupid. It is the mark of an educated man to be able to hold an idea in his head without accepting it. Google that.

>>27122095
...you don't have progressive tax in the us?

>>27121341
This

>>27118672
Yeah I was in occupy LA and the movement devolved into grandstanding on any random issue. I remember when there was a tv crew that was making a story and someone had a sign that said end the fad. Some glow bitch actually laid on the banner so it wasn’t able to be shown on the tv. And the worst part was is that everyone cheered her on.

>>27122443
unless you've been jobless in 2020, your capital gain will barely fit in the sub 300k bracket

>>27122040
It's actually been 4 months, and I really don't know. I feel like I kind of have a knack for it, but I wish I had more technical know how and access to more information rather than having to parse through 4chan, Reddit, and other sketchy sources of information for what essentially amounts to snippets. I'm considering getting Bloomberg Terminal after all this is over. Also, I do know this Canadian statistician (family friend) who works for a bank and offered to teach me technical analysis and how to really research a company, so I'm gonna take him up on that. This is also kind of what I'm going to do in college, so it should work out.
>how does one reach your autism levels?
Idk bro just be autistic I guess

Writeups like these, and those lone math autists doing REAL MATH instead of doing a little bit of addition on Yahoo Finance, are the beginnings of M. Burrys.
Take a step back from the hype for just one second, to do your own real DD for once.
It transforms a leap of faith into a reasonable jump.

>>27121955
Fucking stoner faggots I swear. Bottom of the barbell. Just look at those numbers. All of them represent values or characteristics of a person. 420 is literally the lowest of them all.

>>27107987
>Second, instinct. Idk man, I just have decent instinct. I’d like to think I make pretty good decisions and trades: I know when to push it and hold, and I think I’ll know when to sell.
My guess is your whole post is a fabrication but this part really gives away that you are a retarded teenager. I remember the first time I binked a large poker tourney and thought I must be a poker god or something, kek.

>>27122440
I didn't say that, and I think you got your Aristotle quote a little messed up (man should be mind). I agree with you though, and that is what I was alluding to. When people I have talked to say open mind, they are always brainlets with no critical thinking skills.

>>27122411
rofl. college is great and totally not a scam yet entirely, but I would never consider any higher ed that didn't pay me at least an IRA max-out + free rent + living stipend to attend (talking PhD since BA/BS == high school diploma). otherwise I'll continue to dab on the jannies and get my paper in PLoS or whoever is the best venue with no submission cost. don't care if it's never accepted cuz my career doesn't depend on my citations.

>>27118788
Shut the fuck up newfag everyone knows that the few sane and comfortable threads of conversation are what 4chan is truly about. Your probably a Wojack posting fucking idiot.

I’ve been on this site since I was in 5th grade and I’m only 25 but I hate you nu-fags. You are the reason threads turn to shit get out of 4chan and never come back you fucking idiot

>>27122411
So we just need as many people to jump on board before Monday then? Nice. I like the sound of that. The Dogecoin thing is synergizing with GME too. There's just overall hype about investing and trading.
Fuck, even the old women where I work were talking about GME and AMC stonks today, as well as Dogecoin.
Hold on tight, brother. I will do the same.

>>27118672
>that there is a legitimately angry mob of people who know exactly (well roughly, since The Fed is the root of it all) what the cause of the problems are in this country.
yes, it's everyone EXCEPT them.
>>27122523
>get swept up into a cause
>it turns out to not be YOUR cause, but someone else's using you as a meatbag
>ok next time i'm going to not let that happen
>get swept up into a cause...
>get swept up into a cause...
>get swept up into a cause...
it's gotta stop eventually my dudes. everyone needs to unironically take the lebowski pill.

You're 18 and you're this smart? Jesus man. At 18 I was playing Kingdom Hearts all day

>>27122095
I will not be paying taxes next year and I'm hoping and relying on millions of other Americans to do the same. We have to.

420 was the previous high, we can go higher, 420 is underselling.

im a broke as fuck UK fag that just lost his job (£2k to my name with no income) and even i set my sell to 1500 despite 500 being a 25% growth on my savings

anyone who has their sell at anything under 1k is a giant puss

the amount of actual discussion in this thread is unnatural for /biz/
a rare sight

>>27122760
I am assuming it would be a good thing. More people wanting to buy at a higher price is better for us, yeah? Monday though is when the hedgies need to buy, which is most important. I have no idea what it will get to, but it is gonna be fun.
Can't speak of doge coin, don't own any. I try not to spread too thin as I have limited money anyway.

>>27121000
VW was the same situation but Porsche literally decided to be nice and sell off. It could have broken truly insane numbers otherwise.

>>27122878
Meant for
>>27121751

>>27121162
Swingies get the rope EVERY TIME

>>27122885
>no income
>barely any savings
>playing risk with meme stocks
literally why

>>27122888
checked and OP was okay after all for hosting this thread. we're all gonna make it bros. however long you keep your hand in the fire, the bankers are bleeding thousands per second and reddit retards are holding till the bitter end. so plenty of gains for all.

>>27122685
I didn't lie about the money I made, I can't see what else I would lie about here
>I remember the first time I binked a large poker tourney and thought I must be a poker god or something, kek.
Yeah I mean I guess it's possible that I've just been getting really lucky, if that's what you're trying to say. I genuinely don't think I'm a stock god though

>>27122709
Cool. I didn't think you were stupid. I think you just misidentified me as a brainlet.

>>27122954
>>27122878
>trusting the ledditors to not 420 meme
I know we are allied to screw the jews, but they are still idiots

>>27122857
unironically the reason i've been underground brokerages to buy stocks with crypto. all i have to do is go to specific atms and deposit money and send it to an address i got from someone on reddit through pm's and they place the order for me. i've been pumping gme all week and keep sending orders to buy to them. i'm excited as fuck because when i cash out i'm going to be loaded in untraceable currency.

>>27122993
cos im willing to lose 20% of my wealth just to make jews seethe (and potentially get a 6x)

>>27122760
LOL. Women talking about stock.

"oh my god! Number go up!"

(Becky applies make up)

"mmm yeah. Number go up"

Sarah sips coffee

"I can't believe number go up"

Group selfie followed by womanly laughs.

*number go up! So crazy"

Laughs and checks tinder.

Number go up.

>>27123147
cringe but also based, good luck anon

>>27123186
Kek nah these two are old and actually quite smart. I think one of them used to be a lawyer or something. She overheard I was investing and she asked if I'd heard about GME and AMC and then went on to say that she doesn't care about losing money if she gets to stick it to the hedgies. Kinda based desu.

>>27123186
man, I tried talking to a roommate's gf about gamestop and it was terrible. first, I strongly suspect she believes that "nazis walk among us." second, she's bragging about 30 basis point (0.3%) portfolio gains when I'm legitimately alarmed that i'm getting a 20% rate of return on index funds.

>>27122048
Because it's not just Melvin on the hook. Then you have everybody else not involved in this mess asking why these faggots get special treatment for a bad trade. The market collapses because everybody loses faith.

>>27123147
>because i don't care and i'm in it for money even if i lose
i'm 10,000% behind th---
>and make someone seethe with no proof other than a talking head telling me i'm not actually just beating my brother up
you lost me. go back to the just looking to make some risky cash part without the retarded fairytales.

>>27122403
I think 10k is the peak.

>>27123418
>people looking to make a quick buck: hurry! they're not buying it we need a made up evil name t hat nobody can disprove!! QUICK!
>uh... m--- melvin?
>GOOD! PUBLISH THAT SHIT!
yikes.

>>27122760
I can't believe people are so blinded by the hype and greed to fall for the dogecoin bullshit

>>27123499
You don’t think massive amounts of people and possibly institutions will jump ship beforehand?

>>27121341
Hopefully, you are right and this is just seen as a market correction. Ideally these hedge funds and it’s investors should all lose their money and have to liquidate all their holdings. Since you have demonstrated to be smarter than me let me ask you this. How likely is it that in the event that these hedge funds have to liquidate their holdings and they still can’t cover their shorts. Will the brokers also go broke. The ceo of interactive brokers admitted that they only have 5 billion in equity and that the shorts have losses in the range of 10-15 billion.

>>27112344
The whole situation got a lot of negative press yesterday and got some angel advocate investors. One dude said he had a group of investors willing to go in for $650m. There wouldn't have been as blatant manipulation as there was on Thursday because of the large inflows of capital. Retailers of all size were trying to get in and any ladder attacks would have only decreased the number of shares the institutions owned, worsening their short position. They tried one attack and couldn't get past a $260 wall. They tried another later on and couldn't get past $290, so they just did everything they could to keep the stock under $320 (unsuccessfully). You can watch it all happen in real time here https://www.youtube.com/watch?v=x7ql_DMRopo&t=2s

>>27112447
Since Vanguard and Fidelity own the shares, they weren't restricted to using a clearing house, since they could simply use their own shares to settle. It's more evidence that OP isn't a faggot for a change.

>>27123581
I know. It's been around for years and has been static the entire time. Now Elon musk tweets about it and it's suddenly worth .5 cents per share. It's a meme coins that was designed as such. Not an actual investment.

>>27123493
nah memes aside i agree that even tho the short % is still high the majority of those are probably not the original shorts but entirely different investors, anyone in their right mind would be shorting this stock now

>>27123499
>>27123660
I personally think $10k is possible but it's like a GET. meaning that some lucky trades will execute really high, but everyone wants *that* trade, so any individual trade is less likely to land on the GET. unless you have an algorithm that trades on split-second market access in the fractions-of-pennies margin

>>27121861
I only did a market buy to do my part in putting upward pressure. I was buying GME for the meme.