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/biz/ - Business & Finance

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26617277 No.26617277 [Reply] [Original]

Anyone have any math proving that gme could go to 1000

>> No.26617362

>>26617277
It's only because no such thing exists that it can, and will, go to 1000.

>> No.26617570

>>26617277
The math is simple
GME = 130% shorted

Do you understand what that means? ALL of GMEs shares are now sold without having been bought first. And of those? A third has been sold AGAIN before being bought.

Literally every single stock of GME needs to be bought right now. Every. Single. One. We can literally decide the price. Fund managers fucked up.
And if they bought them all? Well guess fucking what they have to buy one third of the stocks they fucking bought AGAIN

You can't make this up. This is a historic fucking moment where retail gets to fuck fund managers

>> No.26617843

>>26617570
this
Actually we could sell even at 10k

>> No.26618098

>>26617570
>GME = 130% shorted
Who the fuck approved this on the hedge side?
Are they legitimately fucking retarded? Do they have ANY chance to get out of this alive?

>> No.26618194

>>26618098
I think it's like one bank does 70% another does 60%. I doubt one hedge fund would do that

>> No.26618350

>>26618194
Well, at some point the last hedge in the chain entered this slaughter willingly, screwing every other hedge over.

>> No.26618521

>>26618098
>Do they have ANY chance to get out of this alive?

They tried shaking of retail by dumping the price with more shorts. It's now at 138% short. No they don't get out of this alive. They literally have to give us a their money

>> No.26618587

>>26617277
>>26617570
Couldn't they just wait this out for a few years?

>> No.26618632

>>26618587
Expiry of their puts is Friday. They have to pay up then

>> No.26618819

>>26618098
Schlomo got caught with his pants down - jerking off on the fichus like he does every day. Now middle class goys have him by the balls

>> No.26618827

It either can or it can't, so that right there is a 50% shot it does, but then when you consider that if it does, it can't not, so that eliminates 50% and makes it 100%. So GME will go to 1000. And if this posting has repeating digits you can take this to the bank.

>> No.26618991

>>26618632
Where does Friday come from?

>> No.26619121

>>26617570
>GME = 130% shorted
how is that possible, it should get "hard to borrow" then unable to be borrowed

t.guy with a real series 7

>> No.26619162

>>26618991
The date of the contract they bought

>> No.26619321

>>26617843
I'm doing a spread
75.4% 1,000
19% 5,000
5.6% 10,000

i don't know if there's a more optimal one but that's what i'm planning.

>> No.26619331

>>26618991
When you buy a options contract, you have to choose a date of expiration.

>> No.26619396

>>26619162
does that mean we sell ON friday or AFTER friday?

>> No.26619515

>>26619396
Yeah shouldn't it be monday?

>> No.26619605

>>26619121
Someone broke the fucking law that's how. At some stage in all of this banks and hedgefunds were lying to themselves and each other about how many shorted GME shares existed.

>> No.26619614

>>26619162
Yes, but who is they? Are you talking about someone specific? Not all puts for this expire on Friday, right?

>> No.26619719

>>26619396
>>26619515
I thought before but I really don't know

>> No.26619816

>>26619614
Yes all puts expire Friday. That's just how options work dude

>> No.26619898

>>26619396
You put a limit sell. Don't sell manually. Put it at 1k or whatever price you want. They have to buy

>> No.26619942

>>26618098
>130% shorted
Isn't that short percentage of float though?

Last Friday shorts stood at 102 percent of the shares outstanding according to this article:
https://nypost.com/2021/01/25/gamestop-shares-spike-another-50-percent-amid-short-squeeze/
which is still fucking crazy though.

>> No.26620005

>>26617843
well then why are all you fags saying sell at 1k? if you've got the opportunity to rip the balls off the bull, you fucking do it

>> No.26620104
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26620104

>>26617277
>$70 billion valuation

>> No.26620146

>>26620005
Can't they run out of capital first? I mean theoritically what would happen if every single person who owned gamestop set it at $10,000

wtf would happen

>> No.26620216

>>26617277
(((math)))

>> No.26620268

>>26617570
It hasn't been shorted at 130% for a while now, according to the newest data from yesterday it's at 97%

ORTEX AND BLOOMBERG ANONS SHARE SI% DATA ASAP

>> No.26620294

>>26620146
Well first you need to deal with everyone in options including institutions who have a right to buy shares at less than $1,000.

>> No.26620408
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26620408

>>26617277
Should I buy now? I've got $2k I'm willing spend, but I'm worried where things will be when the market opens tomorrow morning. Should I just wait until then?

>> No.26620430

Also calls are deep in the money, those can be exercised causing purchase of shares at current market value which means moon time baby.

Everyone knows the game
We're basically holding the insulin these firms need to live. And we won't give to them.

>> No.26620455

>>26618632
Can they somehow extend expiry date?

>> No.26620593

>>26620146
Lol melvin is already paper bankrupt at 175

>> No.26620670

>>26620146
The big noses probably bail out their friends with their printers

>> No.26620693

>>26620455
Yes they can roll them over. Sell to close January, buy to open future expiration.

>> No.26620700

>>26619605
>Someone broke the fucking law that's how. At some stage in all of this banks and hedgefunds were lying to themselves and each other about how many shorted GME shares existed.
makes sense, thanks

>> No.26620788

>>26620455
No.

>> No.26620834

>>26620408
this
qrd us bros

>> No.26620868

>>26620670
Even better. We'll crash this entire fucking economy with fucking Gamestop. Let's fucking go.

>> No.26620910

>>26620146
>Can't they run out of capital first? I mean theoritically what would happen if every single person who owned gamestop set it at $10,000
brokerages are on the hook for writing the options, they have to cover, they have to buy and if they have to sell their other holdings and shit the that's what they have to do.

In other words if you are big jew inc and you are on the hook for this shit you might have xx billions under management that do not include gamestop and that's where the money is going to come from; come hell or high water

>> No.26620995

>>26619898

That’s super risky though isn’t it? I haven’t seen anyone realistically claim that the price per share will actually hit that.

>> No.26621067

>>26620104

They shorted so hard they single handedly restored life to this shit corporation for another 20 years lmao

>> No.26621193
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26621193

For any SEC investigators here, I am a REAL NAZI, none of my posts are irony, and I AM engaging in market manipulations. You are gay

>> No.26621282

>>26621193
same

>> No.26621287

>>26621193
Kek'd hard
Tyfys

>> No.26621290

>>26620995
The fear is that when you put your sell limit too low, they will use that information to dump at a time where it's convenient for them to do so.

>> No.26621315

>>26620834>>26620408
weak hands will obviously sell tomorrow morning. buy the dip

>> No.26621377

>>26617570
You can't be serious. There's no way they fucked up THAT hard.

>> No.26621384

>>26618350
>Well, at some point the last hedge in the chain entered this slaughter willingly, screwing every other hedge over.
you say that like its a bad thing

>> No.26621473

>>26621377
Well they were really set to win had people not noticed.

>> No.26621700

>>26621377

This is what they have been doing for 50 years while making billions upon billions.

Literally the scorpion on the frogs back. They don’t know any better.

>> No.26621705

>>26621473
Doesn't that mean that from now on this kind of thing will become common? You'll have an army of neets looking for similar situatons.

>> No.26621735

>>26621473
>Well they were really set to win had people not noticed.
how do you buy back the shares and return them to someone if you have borrowed non existant shares?

>> No.26621925

rape them hard guys, this is to good to be true.

>> No.26622001

>>26620700
Oh but a small win for the hedgefunds: instead of an absurd 130% (the short interest) the actual percentage of shares shorted was a much more modest 102% of float at the time they were issued. Wait a second...

>> No.26622017

>>26621705
Every time i have this thought my cream my pants.

Or from now on no hedge fund will get caught with their pants down again. This is the logical conclusion to this.

>> No.26622115

>>26622001
>102% of float
you mean 102% of outstanding. It was over 200% of float at 12/30/20

>> No.26622200

>>26621705
this is what's interesting, we'll see is (((they))) decide to go full regulationism or rangeban some individuals/profiles. Letting it repeat itself would be folly for them and probably fuck market hard

>> No.26622285
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26622285

>>26622017
>the same investors that killed gaming with their retarded quarterly profit obsession will now have to deal with millions of neets who are used to minmaxing autism because playing the system is more fun than playing games
Well well well. Here, we, go...

>> No.26622332

>>26621705
Yes.
This is unironically good for the market. If another predatory hedgefund even DARES overshorting a stock they will get ass raped by autists on the internet. They'll thinking twice from now on

>> No.26622429

>>26621735
By speculating that the shares are going to be so dirt cheap it doesn't matter that you never held them. You'll buy just buy them when the price is near 0. At least that was their bet

>> No.26622455

>>26622332
But more than that, doesn't it also means that there's a bunch of neets who are now aware of their power?

>> No.26622556

>>26622115
Thanks for correcting me. Yeah if the SEC doesn't send some hedge fund manager to jail for this it will be armageddon.

>> No.26622577

>>26622455
Yes, more people will be aware of this even more so than in the early 2000s tech boom.

>> No.26622589

>>26617277
Hi mom, I made it into a movie!

>> No.26622667

>>26622285
It really is funny. Instead of keeping the autism of a broken generation contained in virtual games with fake rewards, they tried to profit off that too. Now these same autists have turned away from their games and directed it at exactly the people that ruined their containment boxes and play the real world game. Hilarious to watch. It's like watching an unstoppable SCP breaching containment. They can't stop it now

>> No.26622799
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26622799

>>26622667
Wait, did Soros just buy himself an army of enemies? Isn't his money made solely through shady shit like this?

>> No.26622806

>>26622556
They don't even have to go to jail. I just want them to not get bailed out, not even by their competitors. Moral hazard is the worst thing to happen to the economy since the great depression

>> No.26622822

>>26622455
Not only that. These fucking neets have also increased exponentially in power. Some of them are now fucking millionaires. They all started with a few hundred or thousand bucks. This is only the beginning. This week TradFi is getting fucked harder than Crypto ever dreamed it could do.
Maybe the power really never was in DeFi. Maybe the true power has always lied in autism

>> No.26622933

>>26622822
Fuck me I can foresee this shit hitting 1k or more if things keep going like this, too bad I don't have an account anywhere to buy a stock now.

>> No.26622988

>>26621193
Based

>> No.26623032

>>26617570
This is wrong. They can settle their debt without buying literally every share then buying more.

Over the next couple days They’ll do a small pump and buy every share On the way down as weak hands think it’s crashing. They will repeat this to help reduce their exposure while also reducing the price.

I suspect they will make it out of this alive (if with substantial losses) and. Need to be mentally prepared for some devious shakeouts if your priorities are maximum gains or maximum kike butthurt. And also note that most holders will be significantly less mentally prepared and will enable their escape hatch.

I strongly reccomend spending your evening either designing a sale ladder or determining a realistic number you expect it to reach for your TP.

You may miss out doing so, but you won’t miss out so much as many who don’t,

>> No.26623149

>>26622806
Yeah. Let these fuckers sink but these overshorting scams are dangerous as hell and need to be stomped out. Imagine if this happened in a larger sector of the economy, it could cause a recession.

>> No.26623227
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26623227

>>26622285
I just wanted to play video games.
Wanted.

>> No.26623287

>>26623227
This shit legitimately reminds me of some of the events that happened with the WoW AH.

>> No.26623334
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26623334

>>26622667
And the focal locus of this?
>Game
>Stop

I trust the REAL plan, bros. Do you?

>> No.26623337

>>26623032
So how high could this go? Is 1k a meme?

>> No.26623434

>>26623337
No

>> No.26623484

>>26622429
>By speculating that the shares are going to be so dirt cheap it doesn't matter that you never held them. You'll buy just buy them when the price is near 0. At least that was their bet
how do you sell shares you never held?

the person who bought owns shares yes or no?

>> No.26623487

>>26623149
I don't think it's a scam, GME before August of 2020 ought to have been shorted for obvious reasons. The only thing that is dangerous IMO is the fact that big players invest with the assumption they will get bailed out should shit hit the fan. If there never was a precedent of bailing out the market would not have shorted as aggressively I think

>> No.26623543

250x4=10000

>> No.26623709

>>26623484
It's called a naked short
https://en.m.wikipedia.org/wiki/Naked_short_selling

>> No.26623715

>>26622455
>A bunch of neets who have been waiting for someone to bankroll the natsoc
>It finally happens and they go full 1488 with money to spare
lmao stupid hedgies

>> No.26623741

>>26621193
Based.

>> No.26623798

>>26623337
I have no money in it because I don’t like the current r:r I also didn’t like the r:r at 100, so take my opinion with a grain of salt.

If you are trading on robinhood, stay the fuck away. If you are on a real platform AND KNOW WHAT YOU ARE DOING I could see even 200 being a worthwhile risk.

The main component though is that I simply don’t have the mentality for these sorts of pumps. I have gotten in early on several of them and the same thing happens:
>I also get out early
Yeah my green line goes up, but I have to become used to missing out on gains, even massive gains, because otherwise lies the road to ruination.

If you decide to take this GAMBLE, you should have an exit strategy before making the purchase.

>> No.26623849

>>26622822
Yes dude, that's what it's always been.
The value is what you place in it.

>> No.26623982

>>26623032
>determining a realistic number you expect it to reach for your TP.
Unironically what I usually do.

>> No.26624004

>>26623798

Is Robinhood a bad platform?

>> No.26624255

>>26624004
It's a dark pool

>> No.26624638

>>26623798
This anon makes good points. Please don't think this is an automatic way to make some bux. Anyone who bought about 140 or so has a very real chance of losing money if it goes sour.

>> No.26624674

>>26624255
what does this imply?

>> No.26624891

>>26624674
It's not the NYSE, so the spreads are a little bit different. There is also rumors they let HFT algos frontload and do similar shitty things that are not allowed on the NYSE.

>> No.26625436

>>26621700
>literally

>> No.26625469

>>26624004
Well, it sure is a hell of a lot cheaper to use than every other platform, yet still unpopular outside of the poorfag crowd.
So if people trying to make money are refusing to use a FREE service...
I’ll let you work out why that is.

>> No.26625607

>>26621193
kek'd and base'd

>> No.26625808

>>26624004
I’ll add that robinhood is not TERRIBLE, it’s just far from good. I use robinhood, but I’ve also reverse-engineered the ways they are fucking us and adjusted my behavior to suit it. I can’t trade how I actually want to on it, but the free price tag makes it almost ideal for certain styles (easy example: DCA without looking at price and leave it for a few years on smaller lots: good enough on robinhood)

>> No.26625885

>>26625808
...DCA on smaller lots without...****

>> No.26626142

>>26624004
Eh final note: don’t trust your robinhood app to automate anything.
This REALLY sucks because so many strategies involve automation to some degree to remain consistent.

>> No.26626441

>>26626142
so if I seriously want to start trading what's a good entry level alternative?

>> No.26626726

>>26621193
holy based

>> No.26626843
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26626843

>>26617277
GME is a store of value, we are experiencing the biggest wealth transfer of history, also there's inflation the government keeps printing Dollars and making them worthless and there's a limited supply of GME shares. hope this helps Anon