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/biz/ - Business & Finance


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26507295 No.26507295 [Reply] [Original]

Biggest short squeeze of all time incoming and could moon from $60 to $1000. Already at $100 premarket today. Did you buyed shares?

>> No.26507339

>>26507295
No i didn‘t buyed

>> No.26507364

>>26507295
Pretty sure i missed the boat

>> No.26507372

>>26507295
Premarket is already at $100, so I can't buyed at 60 anymore? :(

>> No.26507394

>>26507295
Now SURELY is a great time to buy!

>> No.26507399

lol you still try to hold profit with this scam that they show topic
lol don’t be an idiot so many best tokens now
go for $$ with xsn staking and thank me

>> No.26507407

what is the best place to buy it? and can you still buy it or will it drop?

>> No.26507408

>>26507295

> buyed

get the fuck off my board slavnigger

>> No.26507415
File: 90 KB, 650x488, 7373F63D-03FA-420E-BD6B-94BADEE21329.jpg [View same] [iqdb] [saucenao] [google]
26507415

>>26507295
I fucking sold at $30

>> No.26507458
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26507458

>>26507415

>> No.26507462

>>26507394
don't shit in your pants nigger

>> No.26507487

>>26507407
Any broker. Robinhood, TD, whatever. Buy shares at open and set your sell limit hundreds of dollars higher. Gamma squeeze + 140% short interest (!!!) means the bears are fucked and will have to cover. Epic moon. Lot of people in on this

>> No.26507490

lmao idiots still try to give you this shit
chink shillers that keeps copying other projects
I know only one top rebase system and this is Base Protocol
biggest Uniswap volume, top ratings and best Cascade farming system

>> No.26507504

Not enough :(

I bought 4 when it was at 40 then again 4 at 60

>> No.26507519

>>26507487
short interest is at 102% now, not 140%

>> No.26507523

>>26507490
Go away with your shitty spam

>> No.26507543

>>26507490
lol btfo

>> No.26507556

>>26507504
thats 40K
LOL in about mid next month

>> No.26507566

>>26507295
why tho? did they change their business model? are shopping malls coming back in style? are people going to stop using Steam and Amazon soon, and start driving to some brick and mortar moneytrap again to get coughed on by a bored teenager behind a counter? In don't understand this.

>> No.26507597

>>26507407
If you're outside the US you can buy GME on etoro and long it with leverage. Use my refferal link to give me free shekels:

https:// et oro. tw /3ofpJUc

Min deposit is $200. Watch out if /wsb gets paper hands it could dump.

>> No.26507613

>>26507566
It's gaming the system

>> No.26507649

>>26507566
They are moving away from brick and mortar to online sales. Ryan Cohen (Chewy.com) is on the board now and fixing the brand. Your GameStop will turn into more of a DIY PC hardware picker space with advice from staff.

>> No.26507727

GME, BB, and AMC pumps just means more profits going into GME after BB and AMC pump dips

>> No.26508102

i don't get stock fags
they are happy about 500% or whatever yet crypto chads made 16000% with parsnip

>> No.26508114

>>26507727
Bingo. This week is going to be out of control. Load the fuck up!

>> No.26508146

>>26507727
The fact that BBBY is mooning too confirms that the theory that every hedgefund is way too heavy on shorts right now is true. This could get out of control

>> No.26508171

>>26508102
Because the squeeze we are talking about is a 1500% potential gain...$60 to $1000...

>> No.26508266
File: 2.16 MB, 1920x1080, 1602812367621.png [View same] [iqdb] [saucenao] [google]
26508266

>>26508171
well, my point still stands anon
mine is 60 to 10k

>> No.26508353

>>26508266
The 1500% is if you hold shares. Buy options and the multiple cranks up to your gain %

>> No.26508414

>>26507613

its not gaming the system. its using the systems rules that fuck you over and everybody else who works as a wagie to fuck the system itself

>> No.26508479

>>26508353
interesting, by how much? give me your best case scenario
but, options are risky, no?
mine had near 0 risk

>> No.26508732
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26508732

>>26508479
>pic related
multiply the total gains by 10, that’s what we’re looking at

>> No.26508824

>>26508732
thanks for explaining anon, pretty impressive
from 1 to 5 how much risk was/is this whole thing

>> No.26508860

>>26508479
I am buying when the markets open and selling once it hits $200

>> No.26508940

I think it may be a small bubble

>> No.26509006

>>26508824
Low risk since the price of the options were dirt cheap when the dude in the pic bought them. Now they are much more expensive as a whole

>> No.26509036

this is clown world x1000. gamestop shouldnt even be at $1

>> No.26509099
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26509099

>>26509036
nothing has made sense any sense at all since covid reared its ugly cock

GME goes to 100k Check em

>> No.26509123
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26509123

>>26509099

>> No.26509159
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26509159

The Virgin 4chan /biz/ vs The Chad r/wallstreetbets

>> No.26509181

>>26507295
1. With Steam and Epic Store taking 95% of the market, Gamestop is absolutely dead..
2. New wave of lockdowns coming in 1 week.

You are absolutely retarded to buy this piece of shit.

>> No.26509254

>>26509181
$GME is completely decoupled from the fundamentals of gamestop the business. literally every gamestop store in the country could catch on fire right now and GME would still be up on the day. people are holding GME right now to squeeze money from the short sellers, who the fuck cares about the business.

>> No.26509296

>>26509181
The stock isn't going up because of Gamestop, but because there is a chance to short squeeze investors and make a killing. I'm sitting out, but look at what's happening first.

>> No.26509335
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26509335

>>26509254

Noooo.... you small time investors can't make decisions based on meta-circumstances. Only we can do that. You have to look at "business fundamentals," invest as atomized individuals, and take it in the shorts.

>> No.26509354
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26509354

And here was me thinking in December when Gamestop was 14 dollars that it overvalued and as stupid an investment as buying a Video rental company like Blockbuster or Xtravision in 2010
Maybe I'm too logical
The market is crazy

>> No.26509393

>>26509354
This is a pump and dump scam not a short squeeze. These people are going to get rubic’ed

>> No.26509411

>>26509099
checked

>> No.26509428

>>26509393
cope

>> No.26509451

Looks like I’m buying puts at open

>> No.26509465
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26509465

>>26507399
your shitcoins have no power here rajiid

>> No.26509487

why the fuck is gamestop stock going to ATH?
can't believe this piece of shit isn't dead? and it's fucking going up? what are they doing?

>> No.26509488

Isn't short selling just a pretty stupid thing when you get down to brass stacks? At some point you are forced to buy the stock based on the price point of other trades that, in principle, you have nothing to do with; it's just other people trading. Even if there's no volume and people are just bullshitting to an unsustainable price level, you are forced to buy at that instant. It makes no sense really.

>> No.26509507

>>26508732
If you could afford to buy $50k of pure gamble calls during the last year you are already rich and privileged desu. Many people out of work etc.

>> No.26509535

Just saw Bloomberg call the Gamestop thing a "meltup"

>> No.26509595

Fundamentally GME is “undervalued”. Once this insane squeeze is over price should settle between 80-100. RC is going to transform their biz model. If a dog food company can have a 40 billion dollar market cap GME can EASILY top that.

>> No.26509638

>>26507490
You are either actually a pajeet, or someone pretending to be a pajeet.

>> No.26509652

Have never traded with boomer stocks before - can anyone give me a quick rundown? Is it a good idea to just buy shares and sell if it moons?

>> No.26509717

>>26509652
Stocks don't moon in the same way that crypto might.

>> No.26509826

>>26509717
Gamestop seems to be a exception

>> No.26509935

>>26509826
Yes. I never post stocks here (go buy some fucking link everyone) but this is an exception because of the potential gains

>> No.26510226

>>26509488
Ah but who is behind the short selling? Those are the targets.

>> No.26510394

>>26509595
stfu it shouldnt even be $1

>> No.26510404

I have an order for $65 on a non-american booker. Hopefully I can get in directly at opening from some poor person that haven't taken down their sell order, but if the pre-market is this big it seems unlikely.

>> No.26510665

>implying the SEC is going to let this market manipulation happen
see you in court

>> No.26511068

I'm a giant pussy but I put in a market order to buy 5 GME and as soon as it executes I'm putting in a limit sell order at $210 (or whatever double my buy price is). I figure I'll take a few extra hundred dollars and call it good so I can brag about making money on GME and if I fail it's only a couple hundred bucks.

>> No.26511119

Only Reddit would invest in brick and mortar right now lol

>> No.26511176

>>26510665
You mean like shorting more shares than the float? If the SEC goes after people for this they will open a can of worms

>> No.26511288

Tfw I missed out on this shit because gamestop was supposed to be going bankrupt

>> No.26511289

>>26509638
it's an actual bot, note how the post doesn't relate to the OP at all. it just assumes its a crypto thread, calls "this" a scam and shills base

>> No.26511292

>>26511068
why would the price continue to rise though
that's litterally pnd

>> No.26511348
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26511348

>>26511292
BECAUSE IF IT RISE ENOUGH IT GOES TO FUCKING PLUTO

>> No.26511480

What will trading212 do if you set a buy order at $GME's current price of $65.39 ?

Will it buy its fractional equivalent?

>> No.26512100
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26512100

I'm in. And bb an amc also

>> No.26512300

>>26509099
oh shit checked

>> No.26512509

>>26508171
can someone explain to me why the market maker wont just halt the gme market a few times some reditors who bought at 100$ start to panic and everyone is just panic selling and it goes to single digits? It just needs a few houndred week hands and reddit is full of these.

>> No.26512581

As soon as the short squeeze fun is over this will crash hard. Have seen short squeezes before. Too bad it's impossible to get decent puts on this. Guarantee its sub 20$ by February.

>> No.26512612

Bought this last month cause some anon said so. Thanks king :^)

>> No.26512760

>>26507519
where can i keep track of this in as close to real time as possile? MW only updates like once a week

>> No.26512851

AMC has the most room to run. 500M market cap vs 4b and 7b for GME and AMC

>> No.26512891

My contracts expire friday, odds of making it by then, frens?

>> No.26513068

lol it just opened at $100 - no short squeeze though, plebbitors are going to shit their pants and sell any second

>> No.26513104

>>26512851
people say AMC will just dilute to save themselves, but I don't see how that isn't the case with Gamestop as well.

>> No.26513249

>>26513104
AMC and GME could make a deal with short sellers to provide the needed shares at say $60 as an exit. This is 100% a game

>> No.26513282

rofl trade halt 5 minutes in, already massively sold

whoever started this on leddit have walked away with millions by selling on open to the retards setting limit to $100

>> No.26513374

>>26513068
yeah, falls like a meteor.

>> No.26513742
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26513742

>>26513374
>>26513068
its over bros...

>> No.26513811

>>26507295
bye bye reddit pump and dump

>> No.26513888

>>26507295
reddit

>> No.26513983

All retail brokers down. This is why I dont trade this stuff. If Citadel is losing they shut the retail servers off so they can catch up. Rigged market. Check em

>> No.26514127

>>26512581
>Have seen short squeezes before
not like this one. over 100% shares short sold
> Too bad it's impossible to get decent puts on this
the free market has dictated you are wrong

>> No.26514268

I bought shares at $90. Am I retarded?

>> No.26514469

>>26514268
Smarter than me. I went in at $93. Already bleeding money. Where is this rocket people are talking about?

>> No.26514600

>>26514469
It happened premarket. The pumpers are safely floating to earth in the market order sell parachutes.

>> No.26514676
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26514676

>>26507295
Can we please have a real discussion on one simple issue anons?
>how the fuck does a squeeze like this happenes when EVERYONE has been talking about it openly for months?

I had so many shares at $8 and got stopped out re entered at $12 and sold for pennies, all because I thought how absolutely fucking retarded big market players would have to be to allow "muh short squeeze" meme to happen when even reddit was talking about it.

I want to kms now I could have literally been debt free if I had held to my shares. HOW can this happen? Are institutional players fucking retards? Are they really so disconnected from retail investors that absolutely no one who was shorting GME caught wind of a shit ton of redditors preparing for a squeeze? I NEED TO UNDERSTAND HOW THIS WORKS BEFORE I ROPE

>> No.26514722

>>26514600
Retards panic selling the trading freeze when the squeeze hasnt even started

>> No.26514767

>>26514676
>to kms now I could have literally been debt free if I had held to my shares. HOW can this happen? Are institutional players fucking retards? Are they really so disconnected from retail investors that absolutel

I think there trying to crash the entire global banking system

>> No.26514785

>>26514469
relax zoom zoom take your ADD medication and sit back and wait for a month

>> No.26514793

>>26514676
bruh you had til friday to buy options

>> No.26514891

Yes, yes they are. Read Fooled By Randomness and The Big Short and Liar's Poker. Institutional investors are absolute retards managing money that's not there's. They have no skin in the game and just follow the herd to have an excuse for losing money rather than take risks.

>> No.26515434

So this is it. The battle for fucking gamestop.

>> No.26515791

>>26513374
>now at 102

Lol retard

>> No.26515842

>>26514268
guess youre turning a profit

>> No.26515920

>>26514268

Already at 109 so no?

>> No.26515953

>>26515791
and climbing...
squeeze hasn’t even started yet

>> No.26515960

>>26509354
>>26509354
well your logic technically wasn't flawed, this is just one super genius autist exposing a weakness thats being dogpiled on by everyone.

>> No.26516018

Bought at $93

>> No.26516080

Some really shitty people are going to earn billions by shorting this dumb meme

Ebic XDDDDDDDD

>> No.26516091

why are the puts so fucking expensive, I've been waiting for $100 to short this shit
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
please let me fuck over reddit FUCK

>> No.26516139

>>26515953
>squeeze hasn’t even started yet
when does it start nigg?

>> No.26516296

>>26516139
you’ll know
in the case of VW it lasted a day and there was plenty of time to cash out around the high of ~$1000

>> No.26516683

>>26516091
Because volatility is high, and people selling options are taking on massive risk.

>> No.26516875

I cant even play this game. My main broker is down and no cash in IB

>> No.26516958

$129 now! Get the fuck in!
Short sellers shitting bricks and will be forced to cover!

>> No.26517017

I bought one share at $95 for the lulz. What is a realistic high for this? $1000 sounds great but also sounds like euphoria induced delusion. But I’m a newfren so my frame of reference for a short squeeze is limited.

>> No.26517083

>>26516296
VW actually hit a thousand? Damn maybe it is possible with GME then.

>> No.26517149

>>26517017
$1000 isn’t crazy because there’s a gamma squeeze and massive short squeeze, and the shorts doubled down on their positions (!!)
They will be forced to cover and buy shares at market, sending share price into the next galaxy

>> No.26517179

>>26517083
The magic is the short sellers have minus shares. So they need to buy just to get back to even. As long as the longs hold out they can wait and then stuff the short sellers back to even 0 shares at 1k

>> No.26517242

>>26517149
>>26517083
>>26517017
Odds of it hitting by friday? Contract expires then.

>> No.26517289

>>26507295
Can someone explain why?

>> No.26517332

>buying after the week end when litterally all the news talked about this

>> No.26517335
File: 46 KB, 473x500, 0154_-_oiHhR9f (1).jpg [View same] [iqdb] [saucenao] [google]
26517335

So reddit is taking on the big instituitions and winning, what does /biz/ have to say for itself?

>> No.26517395

>>26517335
> not knowing we all manipulate reddit with burner accounts

>> No.26517474

>>26517289
Read the thread retard.

>> No.26517647

>>26517474
The thread doesn't give any legitimate explanation mongoloid

>> No.26517716
File: 2.61 MB, 371x209, tumblr_phiw8pE11n1s05wxzo1_400.gif [View same] [iqdb] [saucenao] [google]
26517716

Do get halt? I buy at 155 I lose money here?

>> No.26517737

>>26517647
short squeeze

>> No.26517829

>>26517647
TLDR: It's a short squeeze / gamma squeeze.

Hedge funds got too cocky and shorted more shares than are actually in float.

>> No.26517857

What caused the sudden drop and stop in price movement?

>> No.26517885

>>26507566
Google short squeeze and reference VW

>> No.26517978

>>26517647
Just lurk more stupid, we're not here to spoonfeed you.

>> No.26518056

>>26509181
It’s a short term play you smooth brain , this trade has nothing to do with the underlying business at this point

>> No.26518178

>>26518056

Moron

>> No.26518207

>>26517857
Trading halted because of the sharp dip
Bears and short sellers getting eternally BTFO
Buy more shares when trading is back up

>> No.26518492

>>26517978
Gamestop is literally Blockbuster 2.0. There is no direction that this company can pivot at this point in time. Game distribution is locked up by Sony, Microsoft, Steam ext....

>> No.26518519

>>26518492
They can sell shares and use the money to buy a digital games platform.

>> No.26518555
File: 175 KB, 828x1792, 098A3DE5-6040-4608-9787-545BF61F9DE1.png [View same] [iqdb] [saucenao] [google]
26518555

XTH FOR FUCK STUPID CRYPTO FAGGOTS HAHAHAHHAHA

>> No.26518591

>>26508940
I think it may be BIG

>> No.26518683

>>26507295
When they do declare bankruptcy, trading will halt.

>> No.26518719

fuck shorters

>> No.26518752

>>26518519
Which one?

The only longshot would be providing a "Stadia" like service where they all gamers to access their servers/hardware remotely

>> No.26518756

No..

>> No.26518832

>>26518492
Google: Short Squeeze
Nobody is buying this because the underlying business is good now stop shitting up this thread.

>> No.26518886
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26518886

The market keeps jumping between 10 and 100 figures on GME and they keep closing it. Is it rigged or what the fuck is going on?
It seems like they're giving institutional shorters the chance to get out at lower prices
in minecraft

>> No.26519030

Selling puts a good strategy for this week? IV is insane.

>> No.26519058

>>26518832
I know what a short squeeze is faggot. This meme stock has been trending upward over the 6 months

>> No.26519084

>>26518886
Something is fucking fishy

>> No.26519284

Out at $132. Sell now

>> No.26519323

>tfw didn't sell att $150

Goddamn, it has fallen almost 50 % since then. This is insane

>> No.26519351

THEY LITERALLY MANIPULATED THE MARKET IN THEIR FAVOR
THIS IS CRIMINAL

>> No.26519456

>>26518886
>It seems like they're giving institutional shorters the chance to get out at lower prices
correct. There are protections that are currently kicking in, and it's likely that this will get WSB audited by the SEC.

I don't see this going past today. Hope I'm wrong - got my shares loaded and ready to see where this shit goes.

>> No.26519497

should I go calls on BBBY?

What are y'all fags doing?

>> No.26519559

>>26519456
>and it's likely that this will get WSB audited by the SEC.

>when a group of people get together to do something that's illegal
>but when a group of banks do the exact same thing, that's OK

>> No.26519674
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26519674

I turned off my alarm and slept in. I missed it

>> No.26519718

people will go to jail for this.

>> No.26519721

If I buy right now, am I just going to end up eating shit for it?

>> No.26519785

>>26519721
Who the fuck knows. Maybe redditurds will really kick this thing up to 200, 300 or even 1000 by eow

>> No.26519875

>>26519721
The shorts are waaaay overextended
I bought more

>> No.26519923

>>26519718


for what, buying a stock? lmao

>> No.26519954

>>26519721
No take that profit and put into link

>> No.26520011

>>26519718
for what, doing what firms do every day?

10 people doing something as a group is no different than 1 person doing it with 10 people's money.

>> No.26520282

>>26519559
The banks give the government regulators kickbacks. The individuals just pay taxes the regulators never get to touch. Qui Bono.

>> No.26520320

>>26519559
This lol, don't see what if anything the SEC can do.

>> No.26520415

>>26520282
>>26520282
ok you dumb nigger, what regulation is being broken? List it

>> No.26520721

Reminder to buy and hold shares
in the case of VW there was a big dip before the actual squeeze

>> No.26520742

>>26519954
I'm new to this shit, what is link?

>> No.26520927

>>26520742
go ask reddit

>> No.26520970
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26520970

CLF

>> No.26521031

>>26520970
What’s the rundown on clf

>> No.26521377

>>26520721
This up and down is far too stressful for my poor heart. It takes all my willpower to hold atm.

>> No.26521819

will BB follow GME?

>> No.26521995
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26521995

BLACKBERRY GOING UP AGAIN? Is the apple and Amazon contracts causing this? I feel like going all in right now

>> No.26522263

>>26520415
>he thinks you have to break a rule to get punished
lol

>> No.26522313

>>26522263
>he dodges the question because he got caught talking out of his ass
lol

>> No.26523407
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26523407

>2014, a bunch of gamers get disenfranchised, REEEE hard and leave the gaming community forever
>gaming gets more and more pozzed
>said autists decide it's time to grow up
>start investing
>come back 7 years later after making their fortunes in crpyto and start fucking up everyone's shit
>boomers have no idea what's going on
>"internet users are morons" they say as the market becomes less and less logical
this is the funniest shit to me

>> No.26523801

>>26522313
I never said anyone violated a regulation. My entire point was that one side of the trade bribes the government regulators who can come in with force and invalidate contracts "for the greater good", while the other side only pays taxes and doesn't have connections to regulators. It's a rigged game. I'm laughing because you still believe we live in a society of laws and not a kleptocracy.

>> No.26523903

>>26518886
>>26519084
Do you guess know what a halt is?