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/biz/ - Business & Finance

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27172657 No.27172657 [Reply] [Original]

so when do we sell $GME

>> No.27172684

>>27172657
you don't

>> No.27172824

When the hedgies start flipping burgers.

>> No.27172854

>>27172657
never

>> No.27172892

>>27172657
according to the sugon method thursday

>> No.27173175

>>27172892
What's sugon?

>> No.27173226

>>27173175
why dont you sugon deez nuts and find out

>> No.27173259

>>27173175
sugon deez nuts

>> No.27173263

>>27172657
When it goes back down to $4

>> No.27173269

When hedgies do a flip

>> No.27173286

>>27172657
You didn't sell already? lol

>> No.27173310
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27173310

>>27173226
>>27173259
FUCK

>> No.27173386

>>27172657
whenever you feel like it. wsb has already said, sell if you're in it for the money.

they're in it because they think the good guys win. too many movies and cartoons makes young people stupid.

>> No.27173619
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27173619

>>27172657
>so when do we sell $GME
Never.

>> No.27173705

>>27173226
>>27172892
Horrifyingly, disturbingly based.

>> No.27173743

>>27173226
Damn, kilt em

>> No.27173764

“I thought I was making an incredible investment,” Mark Hilton of Sherwood Elementary School stated. “I read in Margin of Safety by Seth Klarman that when kids on Wall Street Bets bid up bankrupt stocks you should short them. When GameStop went to $100 per share I put $15,000 of our school’s funds into a short.”

Mark Hilton, 45, has been the superintendent of Sherwood Elementary School in St. Louis, Missouri for 10 years. During the past ten year’s Mark has been in charge of managing Sherwood’s endowment fund – mainly investing in long-term index funds. This past year during the pandemic, Mark started to read as many investing book as he could get his hands on.

“I read over 14 books on investment strategy,” Mark said. “When I saw the hype with GameStop I remembered Ben Graham saying how meme stocks are a great short when kids on internet forums take them to ridiculous valuations.”

Literally seconds after Mark put a short order in, GameStop went to $400. “I was devastated. Not only did I short GameStop but I did it on 10x margin. When I looked at Sherwood’s Robinhood account it showed negative $12 million.”

Sherwood Elementary is now in the hole for $12.45 million. The school is on the verge of bankruptcy and ruin and completely out of funds. “We are holding a local bake sale this weekend,” Mark stated. “But there is no way we can come up with this money. I will have to fire all of our great teachers.”

If you have any idea what Sherwood Elementary can do to raise funds don’t hesitate to call the district.

https://thestonkmarket.com/elementary-school-lost-12-45-million-on-botched-gamestop-short/

>> No.27173807

I've been in the stock business longer than you've been alive. What has taken place in the past couple of weeks is the most shameful display of unethical strategy I have ever seen. Make no mistake about it, you WILL be punished for this. Every broker has all the information necessary to make the lives of every manipulative GME scammer hell after this year. You have one last out Monday morning. Take it or leave it. Don't say I didn't warn you.

>> No.27173826
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27173826

>>27173386
Agreed. Mentally ill people cannot see the difference between media and reality. This is why they describe real events as if they were from "that scene" in harry potter/hunger games/avengers.

>> No.27173863
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27173863

>>27172657

LAMBOS. ON. THE. MOON.

https://www.youtube.com/watch?v=aPI7ZeOGckQ

>> No.27173880

>>27172657
sell?

>> No.27173890
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27173890

>>27172657
>so when do we sell $GME
We don't.

>> No.27173925

>>27173764
What did we learn, Mr. Hilton?

>> No.27173929

>>27172684
This. You're supposed to invest all your money and lose everything so a couple of wsb trust fund babies make millions.

>> No.27173957

2 days ago

>> No.27173994

>>27173807
hedgie jump off a ledgie

>> No.27174031

>>27173929
>>27173957
Melvin on suicide watch

>> No.27174046
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27174046

>>27173764
>I will have to fire all of our great teachers
Maybe just fire yourself retard.

>> No.27174061

>>27173764

Why would he gamble like that with a schools money on a volatile stock, actually what would give him the authority to do so, and how would he not be on the hook rather than the school

>> No.27174070
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27174070

>>27172657
You will never be a woman

>> No.27174075

>>27173807
TL someone who is about to lose all their ill-earned money. Stay mad and starve

>> No.27174079

Monday morning for $10,000 Limit.

>> No.27174092

>>27173764
Fake and gay

>> No.27174110

>>27173764
Oh, I get it. Because one of the targets of the satire piece is a public institution funded with public money, and the other target is an elementary school.
> Sherwood Elementary
Funny stuff.

>> No.27174122
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27174122

>>27173226

>> No.27174126

>>27173764
This sounds fake. If not, that guy should be in jail. This is worse than taking the entire budget and betting it on 7 at the roulette table. He took out a $135,000 loan and bet it on a naked short position.

>> No.27174205

>>27173764
That fucking retard should be fired immediately, he decided to play fast and loose with money that wasn't even his and probably didn't even do any fucking research on the topic. The great fucking irony is he could have tripled the schools money and ensured it's future for years to come but instead he's bankrupted it.

>> No.27174249

>>27174031
I like how you simultaneously think Melvin is going bankrupt while also paying people to shill doubt on 4chan when literally the entire world is looking at reddit right now.

>> No.27174283
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27174283

>>27173764
Great bait

>> No.27174303

>>27172657
When you see a mass exodus of people leaving melvin capital carrying their belongings in a box.

>> No.27174309

>>27172657
Pre market monday, else you'll be stuck holding them bags

>> No.27174311
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27174311

>>27173226

>> No.27174324
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27174324

>>27172657
Wednesday January 27th

>> No.27174347

>>27173807
Please dip it like you did on thursday so I can buy more again. The friday action was pathetic hedgies. Step up your game.

>> No.27174370

>>27174303
Melvin Capital is an investment firm, there's probably ~20 people that work there.

>> No.27174382

When there is a line to access the door to the roof of the NYSE so Wall Street traders can jump off.

>> No.27174408
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27174408

>>27173764
there's goes the children's money again

>> No.27174426

>>27174079
it will never get to 10,000$

>> No.27174437

>>27173764
you realize once this baloons int eh next couple of days greedy new fucks will hold & loose it all after buyin in at 300 & everyoen will buy sell the pump until gamestop is dead....

>> No.27174439
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27174439

>>27173175

...

>> No.27174510

>>27172657
Already did, at 450.

>> No.27174533
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27174533

>>27173226

>> No.27174582

>>27172657
When there are mass layoffs at hedgefunds.

>> No.27174665

>>27173764
That's a buy signal
>>27172657
Some people who have studied the VW squeeze say the stocks peak at 36k but no one has squeezed a 146% short before. They have since dropped it to 112% after cheating on Thursday and Friday, but even with hours of cheating they only got 30% out. Closing @320+ Friday means more are being squeezed because they doubled down and the stock price was above the strike price.

>> No.27174675

>>27174408
FUCKING KEK

>> No.27174784
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27174784

>>27174303
>When you see a mass exodus of people leaving melvin capital carrying their belongings in a box.

>> No.27174996

>Quick Question...
We know hedge-funds and short sellers will continue their shorts & shit fucking over buisnesses and stealing money that shouldn't exist...

>What is stopping everyone from continuing to do this with every shorted stock ever?
Even if it's not the same level of explosion due to the over shorted stocks like GME,
>Why don't we do this to bankrupt all the hedge-funds indefinitely?

It'd be fun to continue to Fuck over Central Banking Using Capitalism & Libertarian economics...

>> No.27175514

>>27174996
>shit fucking over buisnesses and stealing money that shouldn't exist...
Shorting a business isn't shit fucking them, it's taking advantage of the fact that they are fucking themselves. Also, people have a fundamental misunderstanding of short interest. Stocks are completely liquid assets, you can short the same stock multiple times. 130% short interest doesn't mean someone was inventing money, it means there is extreme levels of doubt in the current price of GameStop's stock, which makes sense because it's at ridiculous levels. It's fucking hilarious that people who were 3 days ago asking what a limit sell is are now pretending to be experts on complicated investment strategies.

>> No.27175908

>>27175514
The short interest was 140% since it was at $20 please be quiet and take the squeeze.

>> No.27175974

>>27175908
A year ago I thought it was overvalued at $5.

>> No.27175982

>>27172657
never. We will take it to the grave.

>> No.27176163

>>27174784
How many do you reckon are jewish?

>> No.27176303

>>27173764
1. It's clearly fake designed to make us sell out of sympathy

2. Where the fuck do you think you are?

>> No.27176382

>>27175974
It probably was but people probably just liked the stock and just left it sitting in their accounts because they saw Michael Burry bought it.
The longer this continued the worse this got for hedgies.
It's like they're bending over and there's an enormous cock pressing against their asshole. The longer they don't cover the bigger it gets until they capitulate and cover and Tyrone fucks them up the ass.

>> No.27176420

>>27172824
This is actually a fair answer to OPs question

>> No.27176485

I still don't understand why everyone hates this one hedge fund. What about the others?

>> No.27176544

>>27176485
We hate them all, it's just that this is the one that put themselves in a vulnerable position

>> No.27176569

>>27176485
its a fucking psyop. hedge funds enriched themselves far more than retail with this bullshit

>> No.27176770

>>27176303
It's a satire about hedge funds, calm down.

>> No.27176925

>>27176485
They're all hated, these were the most public during this whole gamestop thing. They're not even the only ones in on this gamestop shit honestly.

>> No.27176928

>>27173764
how do you guys read this shit and not twig that it's satire?

>> No.27176992

>>27172657
HOLD GME, BUY AMC AND NAKD

>> No.27177317
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27177317

>>27172657
If the kikes want my GME to close their short and stop bleeding money, they can pry it from my COLD DEAD DIAMOND HANDS.

>> No.27177598
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27177598

>>27173764
>please think of the children

>> No.27177690

I'm funding my Ally account RIGHT NOW to spend all of my stimulus check money on long put options. This will be over by the end of the week.

>> No.27178623

>>27177690
With $600, literally the best you could do is like a 3 month $22 put. Everyone knows this is going to blow up, put are expensive right now.

>> No.27179505

>>27176163
>How many do you reckon are jewish?
A quarter... half of them? I don't really care.

>> No.27179565

>>27173175
ask me how i know you're from reddit

>> No.27179693

>>27179505
How many people getting rich off this short squeeze do you think are jewish?

>> No.27181021

>>27178623
one-week puts are dirt cheap

hell, one-month puts are also dirt cheap

this thing won't hold $22 by the time this is over

>> No.27182413
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27182413

>>27172824
BASED
https://voca.ro/1aJjOeoq6TFa

>> No.27182860

>>27177690
When does the next stimulus come in?

>> No.27183269

>>27172657
When the price hits the point where the entire NYSE is forced to be liquidated to buy our shares to cover the shorts

>> No.27183337

you may have 1 of my shares for $1,045

>> No.27183448

>>27172657
NEVER
YOU HEAR ME?
NEVER

>> No.27183518

>>27172657
As long as there is a market for GME shares, you'll be able to sell. It's up to you to decide when the market evaporates.

I can tell you from their current share price, GME execs have cashed in and saved the company from bankruptcy, so they're no longer insolvent.

>> No.27183637

>>27173226
you have to go back to /trv/

>> No.27183654
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27183654

>> No.27183661

>>27181021
Puts are cheap because put options are illiquid.

If puts are cheap, why aren't hedge funds buying them? Why is the market for puts illiquid?

>> No.27183737

Maybe they know GME will hover at $300 because this event has kept Gamestop from going bankrupt. Now they have the funds to buy Valve if they wanted to.

>> No.27183911

What if, Gamestop becomes the Amazon of video games by consolidating physical and virtual game media? They would create a business with a moat. Amazon has failed with video games, so Gamestop so take over where Amazon failed.

Perhaps the current valuation is warranted, given that it is now a "growth" stock.

>> No.27184003

>>27183737
I'm sure Gabe Newell will be happy to sell Valve for 10 billion in GME stock that will be worth 10 million next month lol

>> No.27184329

>>27184003
You obviously do not know how mergers and acquistions work, do you anon? Even if the stock crashes, it will crash back down to around $100/share and stay there.

>> No.27184418

Given the amount of autists who will hold for forever, GME may actually become a viable business.

>> No.27184520

>>27183518
>>27183661
>>27183737
>>27183911
>>27184329
>>27184418
You know everyone can see you samefagging, right?

>> No.27184796

>I must by back my stonks or my broker will have my nuts

>> No.27185073

>>27181021
The market can stay irrational longer than you can stay solvent.

>> No.27185197

>>27183661
Because one week out of the money puts are extremely fucking risky. Only the most degenerate gamblers waste money on those.

>> No.27185389

>>27172657
When the hedge funds have suffered. At the moment they’re doing fine, hoping that they can wait it out and everyone will sell their shares and they’ll still come out on top.

>> No.27185471
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27185471

>>27173226
murderously based

>> No.27185563

>>27185197
What kind of gamblers waste money on GME?

>> No.27185718

>>27172657
Can someone answer how if the hedgies have a magic out button / technique why they resorted to fearmongering, stopping trade, and selling and buying to themselves to scare people into selling?
Why not just use the out?

>> No.27185879

>>27173826
Anon don't you understand
Fiction is reality
It's just dc not marvel
We're all fucking trying to be batman don't lie

>> No.27185987

>>27185718
Because that's all they know how to do.
They manipulate stock prices for a living, their bluff just isn't working this time.

>> No.27186027

>>27174249
If I had billions to lose I’d be doing all I could to shill on Reddit and 4Chan and anywhere else to get people to sell GME shares.

>> No.27186319

>>27185563
The ones playing with short term out of the money options are unsaveable degenerate gamblers. The ones simply buying the stock are just regular gamblers.

>> No.27186326

>>27174784
This is the only correct answer.

>> No.27186377

>>27172657
NEVAR
>>27184123

>> No.27186542

>>27186319
It's only a gamble if you lose.

>> No.27186658

>>27173226
Based

>> No.27186790

Theoretically the shorts have to by more shares than exist. So everyone who owns a GM# share will get a chance to sell to the shorts. The longer everyone waits the higher the price will go.

>> No.27186945

>>27186790
You can buy the same stock multiple times. If you owe me 100 shares, you get one person to sell you 100 shares, you give me those shares, then I just sell you the same 100 shares over and over until I'm paid back.

>> No.27187168

>>27172657
Yesterday

>> No.27187482

>>27186945
Not how it works.

>> No.27187712

>>27187482
It literally is retard. Why do you think you can have >100% short interest? Stocks are liquid assets.

>> No.27188033

>>27187712
r u sure

>> No.27188137

>>27187482
Yes it does

>> No.27188223

Never, we breaking the market.