/biz/ - Business & Finance

>>27260904
140%

>>27261451
1488%

>>27261451
that number is from over 2 weeks ago
you have no clue about the current situation yet

>>27261566
Found the hedgie

This is a psyop. Do not fall for it. Reddit is a bunch of faggots.

This will bring in the great reset/dark winter, and cause more censorship. You are not sticking it to the man.

Sell Monday if you have not, the memes are gay and the only ones that are still going with it are zoomers and reddit faggots. The same fucks that tell you to wear a mask and suck BLM dick. >>27261451
>>27261530
>>27262261

>>27262261
I hope you know that they report that number twice a month and not in real time.
Anyone who tells you that it's still at 140% has no clue what they're talking about.

these are the current estimations:
short interest:
>75.54% of float by Ortex
>113.31% of float by S3 Shortsight

notice the difference? Not even they have an idea of how big the float is.

>>27260904
There are going to be some absurd opportunities this week. I'm not going into details why, but trust me when I say that if you do things right this week (and if it extends longer, the weeks that follow) you will be able to retire. It's about the closest thing to guaranteed money I've experienced in my life time and with that near guarantee comes unimaginable opportunity. Maybe only a couple times in a life time type stuff.

>>27260904
>>27261566
>>27262880
Cringe

>>27262408
>This will bring in the great reset/dark winter, and cause more censorship
ACCELERATE

>>27260904
My portfolio just got ten shares higher, kike

>>27262935
"...He said, not divulging anything"

>>27260904
SELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAMSELL BAO IS A SCAM

>>27260904
>Gamestop is a dying company
>Hedgies needs to pay back the borrowed stocks that they never had and that they sold.
>Hedgies can't buy back the stock for cheap anymore since the price when up.

Price not gonna drop if we never sell.

I see that as a win win situation here

>>27263265
I have zero incentive to share any details with people I like, let alone strangers, let alone people that I tend to dislike (most of the 4chan userbase). Even being honest about a) the presence of the opportunities that are coming and then b) the uniqueness of their magnitude is a charity few of you deserve. Your wise ass reply is evidence enough of that.

>>27263507
>Hedgies needs to pay back the borrowed stocks that they never had and that they sold.
they don't need to do shit. They can just pay the 30% yearly fee and sit there and hold.

>>27263693
I'm conformable with that arrangement.

>>27264308
then pray that the millions of other tards feel the same way.

>>27264377
That's the nice thing about retards, You can always count on them to be retarded.

>>27264308
oh, and it's entirely possible that Melvin already covered their shorts and the price is gonna drop.

>>27264474
Possible? Sure.
Even remotely likely? No fucking way.

>>27264554
>Even remotely likely? No fucking way.
what gives you that idea?

>>27263693
>borrowed a couple billions and HOLD with 30% yearly fees
>HOLD

I don't think this is a game you can win.

>>27262880
>75%
That's still 20% higher than VW squeeze.
I'm not saying it's smart but to say 75% shorted is nothing means you're just as retarded as them

>>27264635
The first clue is that they came out and stated that they covered their short position. If that were true, they would have remained silent and shorted into the buying frenzy.

>>27264741
pretty sure it's 30% monthly, plus the new shorts were upwards of 80 fucking %

imagine being so confident as a shorter that you take out a short with 80 fucking % interest then you get demolished by reddit retards

>>27265014
Imagine the mood in the room after they borrowed billions at that rate just so they could dump into the market and cause it to tank. ...and then it didn't tank

>>27265506
I really wanna see footage of Melvin offices when it went from $120 back to a stable $320 Thursday-Friday

>>27265823
Motherfucker, LOLOLOL. I would actually sell my GME for that tape

>>27262408
>>27261566
>>27260904
HEDGIE HEDGIE
BACK TO THE BANKIE
REQUEST ANOTHER 10 BILLION BAILOUT
BACK FROM MY BOARD
AND OFF OF MY SITE
FOR WE ARE RETARDS
FEAR OUR MIGHT

>>27260904
That ID. It is and isn't about the money.

>>27260904
>GameStop is a dying company
what happens when a bunch of neet coders buy the company and bring it back to profit?

>>27265014
>30% yearly
>30% monthly
exactly!

>>27265823
from what I've seen.
beautiful!! pic related

Ngl it was kinda hard not to sell at some points this week. But not selling is what is driving the price up it seems. Idk lads maybe tuesday i get out.
280 shares at 40$

>>27266452
Dubs says GME goes to 1000 by Tuesday though

>>27260904
They’ll never learn. We are about to see all their tricks on steroids these next couple of years of as America dies and the rich steal from the poor with impunity.

>>27266452
I'm not selling and you shouldn't either bro

>>27263635
I know your strategy:
>sell at open
>buy the dip
>sell high again
>buy the dip before they close

I was doing it the whole week making huge profits

>>27260904
This, why the fuck do you think they halted trading on all the popular online brokerage firms for that period of time? It was all backdoor trades getting ready to dump you all on the day of the rug.

>>27266867
>OP had to change his VPN
Yeah, sure. They covered 61MM shares, while the price DROPPED, on a day with total volume of 50MM.

>>27260904
>ID
HAHAHAHHAHAHAHHA

>>27264474
Nah the volume would have showed it, you're full of shit hedgie

>>27267106
>58MM

>>27266867
When a broker like RH takes a buy order it goes to it's clearinghouse to exchange it's clients money for shares. The shares are immediately and conveniently transferred to the client, but the funds aren’t transferred for 2 days. There's this gap between the broker and the clearinghouse for these unsettled trades that the clearinghouse will require some cash upfront (margin) for but otherwise accepts exposure for the rest.

If the stock being bought is extremely volatile, expensive and has a huge amount of recent volume, and therefore unsettled trades, the clearinghouse will eventually realize they are floating quite a lot more to the broker than they are comfortable with on the back of a very risky equity. GME fits all these characteristics. It's this point in the GME scenario where DTCC sets margin requirements to 100%. They tell their brokers, "Hey if you want to get GME stock from us, we will not accept your word that this trade will settle in two days. Instead we need the money upfront since we are already way too exposed to this one ticker from you."

Now, if RH wants to continue filling buy orders for it's clients it needs to come up with ALL the money for each trade. RH does not have nearly enough cash on hand to handle this, hence the recent draw down from of RH's credit lines as they try to get enough liquidity to keep buying shares for their clients. Eventually the brokers just don't have enough cash, throw in the towel and stop accepting buy orders until they can settle more trades or the clearinghouses release the margin requirements for these stocks.

>b-but Fideli-
Fidelity owns their own clearing house

>>27267192
The legal department give you that pasta?

>>27267106
>What are "options"?
They coverd with options, retard. That's why there's still a shitton of short interest. But they can now rebuy their short whenever they want by excercising at the fixed price.

>>27263635

Man the opportunities would either be massive shorting or massive stock-buying. We already know that, you've literally given us nothing to work with.

>>27263693
so if they actually do just hold the hedgies artificially inflate the moon mission to a mars mission and pay 30% meanwhile all the holders become litterl millionares with 100 stonks

>seems legit

>>27267192
Also doesn't fidelity own a shitton of GME too?

There's a reason they said COVERED, not EXITED. They covered with options. It's not going to show up in the stock volume, and neither in the short interest.
And it could have been through a dark pool or a similar arrangement with an MM too.

>>27261566
https://isthesqueezesquoze.com/
They have not sold any of the shares, so literally cannot change.

>>27267354
Uh huh.