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/biz/ - Business & Finance


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27233500 No.27233500 [Reply] [Original]

I think we're going to hit 500+

This hype is out of fucking control. Zero damage control is working, and Robinhood's suspension, followed by limiting, has literally angered the entire internet and now people are buying to spite Melvin.

>> No.27233649

my grandma asked be how to invest in GME. I can't think of a bigger sign to sell.

>> No.27233977

>>27233649
How can I tell you’re the type that makes those posts about how they sold before “the pump”

>> No.27234029

>>27233649
This isn't crypto though. Unless the short interest drops significantly (like sub 80%), which would be impossible since it would take hedge funds 5-6 days of CONSTANT buying to drop it even below 100%, there's no way they can back out.

What's happening now is that they can wait it out, but they will be paying interest in the magnitude of billions per day until they get out of their short positions.

>> No.27234048

>>27233649
huge buy signal with grandma buying and you selling. shows that smart money is moving in

>> No.27234113

>>27234029
furthermore, these hedge.funds are truly sick people. When Robinhood suspended trading and dropped the price by like 60%, word on the street is that Melvin and Citidel opened even MORE short positions to make money on the dip.

That sounds retarded, but it's that kind of egregious thinking that usually puts you to the top in the finance world. You have to be THAT audacious to make it in wall street. However, GME bounced back and closed over 187 on friday meaning the pressure is fucking on.

>> No.27234277
File: 24 KB, 557x207, shut the fuck up.png [View same] [iqdb] [saucenao] [google]
27234277

YOU BETTER FUCKING SELL OR YOU'RE LITERALLY A GOBBLEGATE CHUD

>> No.27234458
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27234458

>>27233500
>angered the entire internet and now people are buying to spite Melvin.
You make a critical mistake here: people talk the talk, but rarely walk the walk. How many anger posts were people who also talked with their money, not just bandwagonners offering "moral support" ?

Sheep and cowards. Don't play with more than you're willing to lose, numbskull. As for me, it's either $0 or $∞. No in-between. I am never selling.

>> No.27234573

>>27234029
> it would take hedge funds 5-6 days of CONSTANT buying to drop it even below 100%
This is not true buddy. It can happen in less than a day, it's all about volume.

> they will be paying interest in the magnitude of billions per day until they get out of their short positions.
Peanuts. I would suggest you all sell your bags to me. Thanks.

>> No.27234642

>>27233500
I think Melvin covered their worst short positions and bought more at the top and I’m getting the fuck out. If it hits $1000 I’ll be pissed but I’m essentially gambling. I never gamble I just want smooth steady gains that build up

>> No.27234721

>>27234642
same this shit has me pulling my hairs out but you can't deny the once in a lifetime (maybe 10 years) opportunity

>> No.27234731

>>27234642
Proof?

There wasn't enough trading for them to cover even 20% of their short positions according to S3 and Ortex

>> No.27234800

>>27234731
There was 2.5 billion worth of shorts sold at the same exact time they asked for the loan from citadel and the same date they said they closed them.

>> No.27234858

>>27234113
>furthermore, these hedge.funds are truly sick people
This is irrelevant and you know it. "For he maketh. his sun to rise on the evil and on the good, and sendeth rain on the just and on the unjust." If you think grace and piety should make you rich you're confused. Poor people are evil. Rich people are evil. Poor people are good. Rich people are good. Here's my honest advice: be smart. Don't make plays based on your emotions.

As for me, I just want my dopamine fix. Good day.

>> No.27234893

>>27234721
Literally how best case scenario is like 2-4x from here. You can get that in crypto all the time

>> No.27234908

>>27233649
yes but the sentiment of the movement is different than most pumps. everyone is yelling “diamond hands”.. multiple people on reddit have rented billboards to say this too

>> No.27234942

>>27234908
And what if there waiting to dump on people holding?

>> No.27234991

>>27233500
I think 500 atleast, however I don’t care this is the hill I’ve decided to die on

>> No.27235037

never selling
I bought my tickets to the show and now I want to see it end instead of leaving early

>> No.27235049

>>27234942
>what if
post nose

>> No.27235056

>>27233649

You fucking idiots clearly don’t understand what is going on with GME price action is categorically different from the shitcoins bags you’re used to.

GME is pumping entirely because of the short interest and short squeeze possibility. Everyone who buys GME is locking up shares and tightening the hedgie noose further and further. It’s going to explode this week and your moron ass is gonna miss out on once in a lifetime gains

>> No.27235174

>>27235049
Ok yeah I’m a Jew that spends my time fudding gme on biz. I’m a fucking poorfag that’s up a couple thousand and finally getting somewhere and seeing every sign of a train wreck

>> No.27235237

>>27235174
If you’re poor you have nothing to lose and all to gain, it’s hedgies that stand to lose here

>> No.27235239
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27235239

>>27235174
then you should bow to gme millionaire instead of lecturing them

>> No.27235257
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27235257

>>27233649
>durr if someone who would almost never buy a share suddenly buys one, that decreases the chance of a short squeeze happening!
Maybe you should just sell your stock so someone with a brain can utilise it you fucking retard

>> No.27235261

>>27234858
What a faggot, even satan can quote scripture you pompous fuck.

I called them "sick" because it takes a sick person to fucking double down on shorting when the WHOLE WORLD is watching you and expecting you to get out of your shorts... but instead you try to deceive everyone with fake CNBC reports and forcing Robinhood to scare people. That's not "evil" or "good", it's just fucked in the head, and that's the type of person who makes it in wall street.

That's all I was saying you absolute and utter faggot

>> No.27235338

>>27233649
>my grandma
you're abandoned at birth and nobody loves you

>> No.27235367

>>27235056
>GME is pumping entirely because of the short interest and short squeeze possibility.
This was true before it hit the mainstream news cycle. Now a lot of that pumping will be paperhanded twits who want to jump on the train to get rich quick while telling themselves they're sending a message to the "hedgies". Don't drink your own coolaid.

>> No.27235410

>>27234858
good day

>> No.27235418

>>27235261
Based

>> No.27235424

>>27235261
Man you're in for a world of hurt...

>> No.27235453

>>27235237
>If you’re poor you have nothing to lose and all to gain
nothing to lose and very little to gain realistically

>> No.27235470

>>27235237
I don’t want to lose money

>>27235239
Surely Reddit won’t dump their bags on me. I would hold gme ive been in it before anyone here but with the government just jewing it with trade halting its too risky. They dropped it by 75% in one day

>> No.27235542

>>27235056
seriously? it can't explode and it won't.
because shorters are backed up by JPE, goldman sachs, wells fargo, basically all the major players out there. they won't let "le based redditors" to collapse the entire economy for the lulz.
there are contingency plans to override it, and you will be solemnly humbled. by wednesday.

>> No.27235548

>>27233500
>500+
More like 5000+. People who own triple digit GME stocks will be considered rich

>> No.27235558

>>27234642
>I never gamble I just want smooth steady gains that build up
why are you on biz

>> No.27235569
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27235569

>>27234908
Reddit faggots renting billboards to advertise GME made reconsider my position because we've reached peak hype/retardation - which is a sign for the end. Robinhood being a complete shitshow now and probably going belly up VERY soon because they don't have liquidity anymore doesn't help the case, either.

I'll sell on Monday once the votality gives me a nice profit (also helps living in the EU and being able to trade while Burgers are still asleep.

>> No.27235575

>>27235470
Only invest what you can’t afford to lose, maybe this isn’t for you friend we’re doing something crazy and retarded here but we made friends along the way

>> No.27235602

>>27235548
Haha gme one billion dollars EOY

>> No.27235655

>>27235575
The gains are the thing I can’t afford to lose you stupid fuck that’s why I’m pulling out

>> No.27235656

NO NO NO MY DEAR OLD HEDGIE
IT'S NOT QUITE TIME TO JUMP OFF LEDGIE
BUY MY SHARES OR YOU GET THE WEDGIE

ONE FOR ONE GRAND
ONE FOR TWO
THE REST FOR TEN YOU FUCKING JEW

>> No.27235673

>>27235542
>there are contingency plans

There are class action lawsuits waiting for every criminal activity they try to engage in to mitigate the damage.

>> No.27235704

>>27235569
We're nowhere near peak retardation. The crypto bullrun of 2017 barely touches this GME stuff.

This GME run is what people wish would happen with crypto, however crypto has been having trouble because people kind of know it's bullshit, whereas this short squeeze is not. This squeeze is backed to the end by the fucking US government, if they don't pay this debt the entire stock market will collapse.

>> No.27235705

>>27235655
Fair enough, hope it serves you well

>> No.27235713

>>27235602
eow you mean

>> No.27235767

>>27235367
>>27235367

Do you not understand what is going on? YES it will pump because retail investors are bandwagoning for free cash. Because that is what is at stake here — GME is literally a money printer right now and a bomb that is primed to explode at any moment. It doesn’t matter why people are buying, wether it be moral faggotry bullshit or simple greed (every retail investor is in it for the money)

What matters is the simple math of the situation. Every share that gets bought tightens the noose. The shorts need to get covered. We’re circling the drain here with every retard that buys a share and every institution that scoops up 1000 at a time. Melvin knows it, blackrock knows it, the fed knows it — writing is on the wall. It’s just a matter of when now

GME is literally a once in a lifetime event and you’re missing out because you’re too far up your own ass to admit you don’t know what the fuck is going on

>> No.27235809

>>27235655
>I can't afford to lose money I made on the stock market the last week
You sound like a smart cookie, Anon.

>> No.27235957

>>27234277
I'm not losing money just to make some fucking sensational of the moment statement

Fuck off and anyone who does needs to be checked for mental illness. Its like that faggot from the DiCaprio movie said: THERE IS NO NOBILITY IN POVERTY

>> No.27235973

>>27233649
The more people will talk about this the better. It is the biggest pump and dump, but Hedgies are forced to buy the dump at whatever price.

>> No.27236000

i owned 3,500 gme shares and right now it's still being lent to shorts, the jew hedgies pay me interest that i immediately reinvest again to buy more gme
once short squeeze starting i'm gonna pull off my stock from lending pool to force them to cover and make the squeeze even juicier

>> No.27236033

>>27235704
The problem I see is that the hedgies can (and do) buy shorts at higher prices (~200$ and higher) to cover their current shorts. If this drags on for a while, normies might eventually lose interest and sell, which causes the whole thing to crash - and they'll make lots of money from those shorts once the share price drops.

Of course, a short squeeze can still happen if they can't cover their shit eventually with rising prices. But I don't believe in the narrative anymore that they'll be fucked very soon. Time will tell.

>> No.27236092

>>27235767
>YES it will pump because retail investors are bandwagoning for free cash
Yes you dumb nigger, but here's what you don't understand: people jumping in now are pussies. They will shit their pants when the price drops.

>GME is literally a money printer right now
Only IF people hold. They won't. They'll buy high and sell low.

>What matters is the simple math of the situation.
That used to matter before actual retards started to get high on sending a message to WS.

But as I said, I'm buying and holding. This is my suicide letter.

>> No.27236162

>>27233649
t. Jordan Belfort

>> No.27236182

>>27236033
just fucking sell now so others can buy cheaper and shut up then kys

>> No.27236194

>>27235542

Majority of shares aren’t held by retail, we’re just the straw that breaks the hedgies back. It’s all fidelity and blackrock and other institutions that have already concluded the squeeze is inevitable and are ready to happily cannibalize Melvin

Look mate I am desperately pleading with you to DYOR and recognize the once in a lifetime opportunity here. To look at the trading volume in after hours last week and realize what is happening. If you’ve decided you lack the risk appetite to even put a small portion of your capital in this, you’re just NGMI and it’s sad to see people pass up their golden ticket

>> No.27236226

>>27234942
And if my aunt had a set of balls, she’d be my uncle. Reddit isnt coordinated enough to accomplish something like that.

>> No.27236257

>>27233500
I don't know, it depends on what contracts are expiring during the week.

>> No.27236274

>>27236092
>reddit spacing
fuck off you stupid nigger

>> No.27236290

>>27236274
Nah, blow me.

>> No.27236316

>>27234573
If they do it in a day IMAGINE THE FUCKING SLIPPAGE. No way cunt,its too expensive

>> No.27236327

>>27236092
The price dropped on Thursday down to 190. Pussies have already left the game.

>> No.27236365

>>27236092

The people jumping in now DO NOT MATTER. The game is being played by HFT algos battling for tiny %s of the available float and trying to get as low a price as possible. Did you not fucking see what happened on Thursday when they crashed the price to 120? NOBODY SOLD. Fucking NOBODY. Sell orders were filled with 6000 fuck yous

This shit is inevitable at this point. The institutions can pull the trigger and execute Melvin as soon as they finish locking up the last bit of available short. They’re just trying to do that as cheaply as possible

You’re a stubborn cunt but at least you have a bag and will make it once this shit pops

>> No.27236366
File: 1.28 MB, 1024x1024, 3b6.png [View same] [iqdb] [saucenao] [google]
27236366

>>27236290
come back to me when you stop being a faggot

>> No.27236385

>>27233500
God damn it's annoying how long transfers take
I have 2k in Robinhood buying power I can't spend cause I own more than the share limit
I want to throw in another 20k into GME but TD won't take my bank, most other places take like 5 days to deposit money

>> No.27236431

>>27233500
OP you need to sell, there will be a lot of bag holders.

>> No.27236435

>>27236257
Short contracts don't expire The holder just pays interest on the outstanding asset daily.

>> No.27236441

>>27234573
if they cover in a day then trading bot will pick up and price will shoot to andromeda then they will halt then they can't cover
there's no way out

>> No.27236545

>>27236435
Call options do expire, and many of them expired Friday: https://www.nasdaq.com/market-activity/stocks/gme/option-chain
Click on moneyness and look at in the money.

>> No.27236554

>>27236385
lmao fidelity transfers money for me same day what the fuck are these garbage brokers you idiots use

>> No.27236558
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27236558

>>27235673
Sorry but those lawsuits have no standing. DISMISSED!

>> No.27236605

>>27236194
>fidelity and blackrock
This hasn't been talked about enough. Retail is a sideshow so the media can keep talking about le epic meme redditors fighting Wall Street.
The fact is that big fucking sharks own shitloads of GME stock and have it locked up tighter than a nun's knickers.
Blackrock, Vanguard and Fidelity have Melvin/Citadel by the fucking balls here.

>> No.27236658

>>27235470
Don't let people guilt trip you, especially if you're a poorfag with only a few shares.

Take some winnings and you ca leave a little bit in in case it moons.

>> No.27236715

>>27236327
> Pussies have already left the game.
For every pussy that left 3 joined.

>>27236365
>Did you not fucking see what happened on Thursday when they crashed the price to 120? NOBODY SOLD.
Enough people sold, because I bought.

>>27236441
True, but I'm just pointing out this idea that it takes exactly x days to cover is mistaken. A lot of the shorts have already been covered, and replaced with new shorts. The price will drop. Bandwagonners are diluting the importance of a technicality/"maths".

>> No.27236731

>muh hedgies
You know that other hedge funds have longed GME right?
Imagine thinking this is some holy war between hedgefunds and retail investors. You're being played and in one-two weeks your bags will be unbearable.

>> No.27236774

I like how the GME fudders can't even come up with believable or reasonable FUD.

Dude, reddit is ultra gay and full of the upmost faggots on the internet, but they're generally more intelligent, wealthy, and insightful than people here.

This squeeze IS going to fucking happen. It's inevitable.

>> No.27236805

>>27235673
>class action lawsuits
nobody will award you 50 trillion dollars in class action suits, you will get pennies compared to actual short squeeze cash out

>> No.27236872

>>27236715

I’m speaking in hyperbole. When I say NOBODY SOLD I mean that relative to the ridiculous 100 million+ shares of short interest that exist

Even with the fucking galaxy aligned right up melvins asshole, they couldn’t get enough volume to close 10% of the short to float ratio. That was their one big play and it flopped like a flaccid penis. Melvin is truly fucked and now it is just a matter of when

>> No.27236889
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27236889

>>27236774
My FUD is eminently reasonable: let me hold your bags. It's that simple.

>> No.27236946

>>27236872
You sound like you know what you’re talking about, when exactly do you think it will happen?

>> No.27236977

>>27236194
they won't do it, blackrock would happily destroy melvin, but an infinite short squeeze goes far beyond melvin and will make world class creditors scamble or even die, destabilizing the entire shitconomy, from which blackrock doesn't stand to gain - as it's a solid investment company with pensions, 401ks and shit, it doesn't have anything to gain from market destabilization or crash.
think, people. don't be retarded like reddit.

>> No.27237063

>>27236554
I've tried a few, Robinhood and Webull, SoFi have caps on instant funds, usually around 1-5k but I have 20k to invest
TD Ameritrade accepts my local bank but not my online bank, I can't do a wire transfer either

>> No.27237071

>>27236977
blackrock is controlled by treasury and thus controlled by trump
this whole thing is orchestrated by trump to crash the fiat economy so that the cryptocurrency gold standard hybrid can rise from the ashes

>> No.27237096
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27237096

Whatever happens on Monday I'll sell as many shares as I need to cover my initial investment. If we see $500 that would be great, then I won't be so stressed about the rest of my shares. I do expect it to go up from there, but you never know.

>> No.27237128
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27237128

>>27235542
If the big banks have to use the nuclear option it will redpill so many people that congress will have no choice but to bring the hammer down on wallstreet. Win-win.

>> No.27237194

>>27235542
The point is that as long as everybody holds we are costing funds and banks billions in interests. And I can guarantee than none of these faggots can get a good nights sleep as long as the price is above 50$

>> No.27237235

>>27237128
based

I fucked a ton of whores in 2018 after the crypto bullrun, cause I made like 800k after taxes lol.

My karmic punishment was that now even the more hardcore porn barely makes my dick move... although some could say that excess is the road to wisdom and I actually want to find a nice girl and start a family now instead of chasing pussy.

>> No.27237277

>>27237128
It won't be the banks who'll use the nuclear option. .gov will get involved way before that. They'll force the closing of the shorts at a fixed (non-market) price and be done with it.

>> No.27237342

>>27237128
congress is bought and paid for, and the che left hasn't felt yet how is it to be censored and demonized by tech.
anyway, it will be fun to watch.

>> No.27237359

>>27236977
They probably won't force an infinite squeeze but I could see them bankrupting Melvin and Citadel by squeezing it to ~2k a share. Eventually the shorters will have to come to terms with the longing institutions and pay up

>> No.27237401

>>27237277
that's just a made up scenario by poor faggot with too much time with too little money

>> No.27237426

>>27235174
Fellow poorfag who had similar thoughts, I sold on Thursday at 350 up from buying in at 80.
There's no harm in looking out for your own interests, fags will pretend we're all in this together blah blah but the reality is it's a 0 sum game and someone will be left holding bags.

>> No.27237436

>>27236774
No they aren't lol, WSB was a laughing stock of gamblers up until this week who lost all their money on retarded plays
What makes you think they're right on this

>> No.27237449

For neal niggas. no memes what a good sell price?

>> No.27237527

>>27237194
that's true but billions are something they can afford to lose. nothing happened after Porsche raped them. but going for 5000 and that shit, hoping for a cashout in hundreds of billions or even trillions, so that everyone wins except the shorters, is imaginary. it's reddit retardation. i don't say sell at 400+, but don't be fucking diamond brained retard.

>> No.27237549

>>27237359
The issue is that the biggest, last short will probably make it out like bandits. In that sense, the incentive is to keep shorting and keep shorting and keep shorting each time the price increases. But of course, this makes the squeeze able to continue and continue and continue because nobody reaaaally wants to take the loss and close out their position.

>> No.27237562

>>27237449
Anything above what you bought

>> No.27237593
File: 1.94 MB, 854x358, 1607456031137.gif [View same] [iqdb] [saucenao] [google]
27237593

>>27233500

If shares hit $500, I'm dumping my 28 shares. Daddy needs a new gaming PC, new tires for my truck and money to buy cheapies when the market collapses.

>> No.27237598

>>27233649
Lol this isnt a fashion trend you retard. If everybody's grandmas threw their pensions into GME hedgies wouldnt stand a chance.

>> No.27237609
File: 89 KB, 511x590, GME fake shares.png [View same] [iqdb] [saucenao] [google]
27237609

>>27233500
Is there something bigger going on then we know about? Why would they commit so many criminal acts unless they are worried about even bigger crimes?

>> No.27237621
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27237621

>>27237449
O N E
M I L L I O N
D O L L A R S

>> No.27237638

>>27237401
Nigger I am balls-in deep on this. It's just facts. A contract is worth nothing with no way to enforce it. It's not made up. It's happened over and over and over again. For centuries. How many armies do YOU own? The rubber hose method never fails. The made-up scenario here is the "GME is a money printer" story. Uncle Sam will intervene if this shit gets out of hand. It hasn't yet. And it most likely won't. Get out when it's best for you. Live a good life. I'm not right in the head. Don't be like me.

>> No.27237667

>>27237593
Understandable. I'm selling enough to cover my initial but holding the rest at insane prices in case the biblical apocalypse squeeze hits

>> No.27237690

>>27237638
good, that makes two of us

>> No.27237705

>>27237609
>ladder attacks
>running disinfo over the weekend
Hedgies about to get the goyims wedgie on Monday morning while their palaces are looted

>> No.27237744

>>27237609
>fake shares
Well this is kinda true, but that's just how shorting works. When you have a GME share, someone else can short the share YOU OWN thus adding that share to the supply. So you own 1 share that you can trade, but a version of that share is also traded on the market by someone who shorted that share, turning 1 share into 2.

>> No.27237749

I'm going to buy the dip on monday morning when people get out, then if it moons I'm good. If it doesn't, then I just lost $200. Literally nothing to lose

>> No.27237750

>>27235257
i read that greentext in the voice of exactly of how you intended it, holy shit and died

i hate and love biz

>> No.27237787

>>27237667

Good idea actually. I'll sell enough to cover my initial as well then hang on to a few for price gouging goodness.

>> No.27237816

>>27234277
Lefties appropriating the GME thing is fucking annoying
>eat the rich
Fuck off you commies its not about eating the rich it's about making sure free market rules apply to everyone equally and giving vulture-like, parasitic hedge funds a taste of their own medicine

>> No.27237869

>>27237744
When shares are shorted it does not create more shares. You are borrowing not creating fake shares.

>> No.27237911

>>27233500
its going to drop to 200something dollars, but the hype will make dumb people buy it anyway even tho it peaked at 480 dollars.

>>27233649
He will cause it to rise if he buys it but he won't gain anything

>> No.27237923

So the Jews have two options:

Take the hit and start buying batches of shares or to wait out the paper hands while bleeding from the interest?

>> No.27237931

I hope someone is making a compilation of all of these threads, should be fun whichever way it goes.

>> No.27237938

>>27237744
>When you have a GME share, someone else can short the share YOU OWN
Only if you lend it to them.

>> No.27237946
File: 215 KB, 1080x601, 20210131_123140.jpg [View same] [iqdb] [saucenao] [google]
27237946

>>27237621
Gentlemen, in exactly five days we will be 100 billion dollars richer

>> No.27237964

>>27237869
But that's not what happens. The shorted share is backed by the broker or market maker. You still have that share and can sell or trade it. You don't even know that someone else shorted your share. All of it is settled later.

>> No.27237985

>>27237923
They'll go for option 2. That's why they're letting it go viral. The more paperhands are in the better for them. It's not a short squeeze anymore. It's a pump and dump.

>> No.27238001

>>27234277
lol leftys are so funny
I'm doing this because I hate jews not rich people

>> No.27238030

>>27237923
They dont bleed from interest. They hemmorage. On top of that they can get margin called by their lender and then its really on because they wont have a choice.

>> No.27238037

>>27237964
>>27237938
>>27237869
Speaking of which, you should probably ask your broker if the GME shares you own are available for being lent and shorted. (The broker lends out your shares and collects the interest from it.) And request that they pls don't do that.

>> No.27238038

>>27237436
I've been on Biz since 2016, and on WSB since 2019.

I made 800k off the 2017 crypto bullrun, I've made about 400k off WSB so far.

That's less, but it's more reliable. Crypto is bullshit dude, it's fucking gambling. Stocks and options are too but you have more degrees of control so I prefer that instead of YOLO'ing a bunch of money then having 24-7 anxiety over some stupid fucking shit coin.

If Tesla dives, at least I don't feel as retarded as losing 100k on digibytes lol

>> No.27238062
File: 53 KB, 480x421, GME fake shares 2.png [View same] [iqdb] [saucenao] [google]
27238062

>>27237964
What makes you think the shares you buy and are listed on your account are real? What makes you think they can't create fake shares?

>> No.27238096

>all arguing against yourselves whether to sell or hodl

You know this is what the hedges want right?

>> No.27238171

>>27234029
If the interest exceeds their position, they will get margin called.

>> No.27238186

>>27238096
No one actually believes its time to sell. You have disinfo retards.

>> No.27238230

>>27238062
That's what I'm saying, I never claimed the share you owned was 'real'. You have a claim to the share, but can the broker actually deliver? All of this is really settled after the fact.

>> No.27238252

>>27238171
That takes a day. Once the margin call happens and they cant put enough money in their account the squeeze officially begins since they lose control and cant ladder attack anymore. Just buy buy buy.

>> No.27238317

>>27238171
>they will get margin called.
The big boys can negotiate. Spoiler, the market makers will side with the big hedgies "Yeah gamestop will fall" and then the market maker will get fucked as well.

>> No.27238337

>>27238230
What if they created counterfeit chares to drive the stock price down? Do you think that is possible? Would they do that?

>> No.27238342

>>27233649
I seen this post earlier in the week... hmmm really makes you think

>> No.27238348

>>27234277
>half
more like 98%

>> No.27238406

>>27238337
That is what shorting does. But it all needs to be settled at some point.

>> No.27238413

>>27238317
They cannot retard. If citadel gives a pass because oopsie poopsie wedgie make a fuddy duddy and shorted more stocks than available.. Everyone else in the market will expect the same treatmemt > market collapse. For the tribe owing intereet is sacred. It cannot be questioned.

>> No.27238466

>>27238406
It will be settled when I owe a yacht and a cute trap gf to pound his boy pussy on the deck of

>> No.27238538

>>27238406
Shorting does not create more shares. The amount of shares the company issued remains the same. How do you not understand this?
If the people on WSB and /biz/ collectively own 100mm shares but only 70 million exist how is that possible?

>> No.27238584

>>27238413
How it will play out:
>Melvin: waahh waaahh le redditors pumped the stock we can't close our position but obviously they'll get tired and move on, gamestop is dead come on you know it's true also we're bankrupt and can't close our position so you'll have to take the loss, unless you just give us more time.
>Citadel: alright, gamestop is fucking dead, we'll bail you out and give you more time, obviously the redditard retailers will get bored. This stockprice is unsustainable

Then citadel gets fucked and then it ripples through the entire financial system.

>> No.27238607

>>27235542
Goldman is long GME

>> No.27238635

>>27238317
Spoiler: Jews asking other Jews for financial favors may as well be goys

>> No.27238698
File: 337 KB, 1200x900, sweetie.jpg [View same] [iqdb] [saucenao] [google]
27238698

>>27237816
>Fuck off you commies its not about eating the rich it's about making sure free market rules apply to everyone equally and giving vulture-like, parasitic hedge funds a taste of their own medicine
No retard, it's about making a fucking mint. Always has been.

>> No.27238729

has gamestop not said anything about the situation? what were to happen if they issue more shares?

>> No.27238754

>>27238186
Implying

Bruh I told some of my buddies at work that I had shares in GME and they looked at me in extreme concern and told me to sell because "it wont end well and I'll lose a lot of money because its gonna crash hard soon"

Course these dudes are the ones trying to say what's happening to the stock is illegal and believe there will be some godly government intervention that will shut everything down and I'll gain nothing like it's a scam

And these are actually all pretty normal dudes who watch the news. These fuckers would sell

>> No.27238787

>>27238729
Why would they do that? Why would they want to help the hedgefunds that were trying to put them out business?

>> No.27238889

>>27238584
Good thing its not just citadel that can margin call. And they will because if they dont the entire world economy collapses overnight. I wont explain to you of course since youre a shill but you can go ahead and spin lies
But tell your bosses I will settle for 5k a share and to get a blowjob from the hedgies daughter

>> No.27238952

>>27238729
They can't do this until March. That's a lot of hedgie blood

>> No.27238966

>>27238754
They would have sold tbursday then when the ladder attack and rh info happened all at once and they triggered stop losses. Then they dont get to say a damn thing because they are sharelets.

>> No.27238983
File: 26 KB, 881x191, lent out shares.png [View same] [iqdb] [saucenao] [google]
27238983

>>27238538
>The amount of shares the company issued remains the same.
Because when you go to your broker and he says you have a share. What you REALLY have is a claim to the share. It's yours in the sense you can demand it from the broker. But do they 'really' have it? No they don't. They've probably lent it out to someone who shorted it off to someone.... who lent it out to someone who shorted it again.

Pic related. Michael Burry deleted all his tweets, so this is all I can find.

>> No.27239013

>>27238787
>>27238729
They cant do a share offering until april
>>27238952
Thought next board was april?

>> No.27239086

>>27234277
Imagine not holding NOK, the only non-meme stock of the restricted.

>> No.27239112

>>27233649
You'd be right it that was BTC, but it's a share. I don't know man, I don't want to kill myself next week because I've paper handed a fortune away.

>> No.27239137

>>27238983
That does not create more shares though. Lending a dollar to a friend who now owes you dollar does not create a NEW dollar.
I have super high IQ and I know this hard for lower IQ people to understand. Counterfeiting stocks is not the same as borrowing stock.
Counterfeiting creates additional shares of stock. If you can't wrap your head around this then don't bother thinking about it.

>> No.27239176

>>27239013
You're probably right, either way it is unsustainable for the hedgies to hold out that long.

>> No.27239211

>>27239137
>tfw I'm being trolled
Still it works the same as the fraudulent banking system. Deposit 1 dollar in bank. Bank lends out 1 dollar to 10 different people. But if everyone wanted that 1 dollar in cash, ooopsie, bank doesn't actually have it.

>> No.27239272

>>27239176
It begins monday. The ladder attacks friday + disinfo all weekend is a clear sign we all gonna make it.

>> No.27239324

>>27239211
We are talking about a finite object. If you issue 10 shares that is how many exist.
If I counterfeit 10 and sell them now there are 20 shares in existence 10 of them fake.
I am trying to dumb it down.
This has nothing to do with shorting.
Can you understand this now?

>> No.27239410

>>27238607
goldman are also melvin's creditors

>> No.27239455

>>27239324
Your retarded.

>> No.27239482

>>27233500
Very interesting

>> No.27239540

>>27239455
Is correct
>>27239324
Is retarded and doesn't understand how banks lending out money functions.

>> No.27239564
File: 626 KB, 652x562, Zoomer.gif [View same] [iqdb] [saucenao] [google]
27239564

>>27239455
You are low IQ. Possibly a nigger.

>> No.27239709

guys... it's definitely going all time high monday. there is a post on reddit with 300k+ upvotes. i have never seen such an amount of upvotes. get in before its too late. i want you guys to buy in cheaper than most normies.

>> No.27239710

>>27233649
Sure she did rabbi.

>> No.27239879

>>27239410
I guess they're hedging then.

>> No.27239995

>>27237549
It's a Mexican standoff at this point

>> No.27240056

>>27235542
What if this was exactly the catalyst they needed for the great reset?

>> No.27240220

>>27238983
This is correct.
The fun side effect of that is if a company pays dividend shorts have to pay dividend for the shares they are short.
If GME paid out dividend now shorts would have to pay more in dividend than GME would.

I wonder how they handle voting though. Are borrowed shares unable to vote?

>> No.27240311

>>27239709
Your post is better investment advice than what my father who works at Vanguard provides.

>> No.27240356

>>27233500
Your well past peak hype by now.

>> No.27240424
File: 133 KB, 788x880, 3 nawiasy.png [View same] [iqdb] [saucenao] [google]
27240424

>>27233649
Shlomo pls go

>> No.27240474

Bought on Friday at 337. I am praying right now.

By the way, where can I see the current exact after-hours price? The platforms I've found so far either don't show which day it is or show outdated prices.

>> No.27240479

I just wanna be rich bros but I only have 20 measly shares

>> No.27240492
File: 112 KB, 1200x737, 32017DFB-3A8E-4F09-A884-9C65B8F3D6A7.png [View same] [iqdb] [saucenao] [google]
27240492

>>27237071
>blackrock is controlled by treasury and thus controlled by trump

>> No.27240575

I have 1 share
Be honest boys, will it hit 4 digits

>> No.27240641

>>27240479

GME is not the last short squeeze. You will earn your first 100 or 200k in the GME squeeze and then diversify among silver, NOK, BB etc...

>> No.27240679

>>27240575
Most likely 5.

>> No.27240761

>>27240679
prove it

>> No.27240773

>>27239995
Yep; but one of the cowboys is already bleeding.

>> No.27240799

>>27240474
Marketwatch

>> No.27240841

I spent all week rebalancing and deleveraging my account and then Friday before close I put everything I had left over into a $420c

I'm shitting bricks here

>> No.27240842

>>27240773
When does the cowboy get mounted by his horse

>> No.27240846
File: 2.24 MB, 1835x2048, Screenshot_20210130-073928.png [View same] [iqdb] [saucenao] [google]
27240846

>>27233649
>I can't think of a bigger sign to sell.
How about this?

>> No.27240849
File: 193 KB, 2048x2048, czonks.jpg [View same] [iqdb] [saucenao] [google]
27240849

>>27240761
Wait till the end of next week

>> No.27240885

>>27240641
I'm retarded when it comes to silver/gold/precious metals. When people say they're buying silver are they buying physical or what?

>> No.27240886

>>27240761
How much money does it take to cover more shares than exist? An infinite amount right?
That is why it is called an infinity squeeze.

>> No.27240910

They are playing the long game. They will do everything in their power to keep the price stable at around 300 for as long as possible because they know that $300 is quite a bit of money to the average Internet nornie with no knowledge of shares.

They'll try and keep it at $300 for as long as possible to entice the FOMOs and the bandwagoners into jumping in.

Then around 1400 EST Monday, they'll start hitting it hard with a short ladder attack. The FOMOs will start panicking hard and start selling. When this happens, DO NOT SELL!

This is a game of chicken at this point and if you flinch, you lose.

>> No.27240933

>>27240842
act...three I think? I don't know I haven't seen a western in ages but I do remember all of the horse cum

>> No.27240973

>>27240885
physical always. if its not in your hands its not yours.

>> No.27240985

>>27240846
Welp.
Dropping my half million.

>> No.27240993

>>27240885
yeah physical and mines mostly, if you buy an ETF like SLV they can just print more paper silver and further disconnect it from the actual amount of silver in the world. Metals are something you want them to try and come take because they can't manipulate it beyond making it illegal to own.

>> No.27240996
File: 635 KB, 523x603, times_square.png [View same] [iqdb] [saucenao] [google]
27240996

>>27240356
This is not the first time I read this, and you have to be incredibly retarded to think it. Next week is when the hype will explode for real. Past days were nothing compared to what's to come. GME got an amount of free advertisment from TVs, social media and newspapers this weekend that is just impossibile to think otherwise without larping. Now it has literal billboards, it's not a joke. Every single normie out there will want to have 1 share, it's an historical event and everyone will want to be a part of it.
This will skyrocket starting monday. AND THE CEO STILL HASN'T OPEN HIS MOUTH. The room to grow is HUGE

>> No.27241042

>>27235656
Ultrakek

>> No.27241078

fuuuuck I put 2K1.5k in it I hope this works out I’ll at least try to hope so I can finally sleep comfy at night. Would make all my dreams come true. I’m trying to put 4k more on alts but this is so fucking hard to do. My friend use new poolz and seems like he has sweet dreams while I try to stay alive. Does someone use it? Top or not?

>> No.27241115

>>27240910
>they'll start hitting it hard with a short ladder attack
do they even have enough float to keep doing it? The number of free shares now must be tiny, and every time more dips get bought by both institutions on the long side and retail FOMOers. Every short ladder they try will get less effective, especially since MMs have to use float for the ITM 320 calls that will be exercised at Monday open

>> No.27241131

>>27240846
Imagine if she recorded a gangbang with a bunch of overweight nerds and she was a poor little hedgir

>> No.27241189

>>27240973
>>27240993
If they print more paper silver wouldn't that make the cost of physical silver cheaper too?

>> No.27241239

>>27240846
some people are so retarded they compare infinite gme squeeze to regular stock
destined to be poor

>> No.27241247

Also silver bars or coins? For coins arent people just paying more for the decoration?

>> No.27241348

>>27233500
Yeah and if the SEC was going to fuck you, surely they would have already. Unless they're just going to do it when enough retards have dumped their life savings into it, so you lose it all.

>> No.27241357

>>27241189
no, because there's an actual physical amount of silver - if you have a bar of gold and you make it 1$= 1 oz of gold, but then print more dollars it makes the dollar go down in value where the 1 oz of gold will always be 1 oz. now it'll be 100$=1 oz cus there's more dollars. same with paper silver, it just drives up how many slips of fake silver you need before you can redeem them for actual silver. Cut out the middle man and just buy silver lmao.

>> No.27241377

>>27234458
saying that while in truth you already covered you initial investment is the biggest hypocrisy ever

>> No.27241443

>>27241357
Alright that makes sense, will probably invest in some silver with gme gainz

>> No.27241449

>>27234458
>You make a critical mistake here: people talk the talk, but rarely walk the walk
We can see the walk right here
>$357.93

>> No.27241649

>>27241247
figure it out retard

>> No.27241774

>>27240996
That's it. I expect it to close on ~480 on Monday, ~560 on Tuesday, and the short squeeze to start on Wednesday, peaking on Friday (time to sell).

>> No.27241912

>>27240356
This isn't a crypto pump and dump. The short positions have to be covered eventually, it's a matter of time plus there are big financial institutions on the long side, they don't even need retail to force it, though it makes for good PR cover.

>> No.27242137
File: 357 KB, 1024x996, GME short explanation.jpg [View same] [iqdb] [saucenao] [google]
27242137

A rundown of what is happening and what might happen.

>> No.27242351

>>27241774
That’s not how short squeezes happen.
Look at the chart and closes just before the volswagon short squeeze.
We are at the dumb retail pump phase, the hedges missed out on the play, but don’t you worry, they don’t miss out on actual gains.
I think a bunch of them will try to push price back to normality to shake off the retail hands and just when the majority of retail capitulate, the squeeze will happen.

>> No.27242360

>>27235973
the dump begins once shorts are settled. hilariously the actual pump has not happened yet. its the gamma squeeze everyone talks about, the biggest predictable pump ever

>> No.27242523

>>27234277
Maybe some want both? Fuck leftist pussies who can't be happy when others win.

>> No.27242603

>>27241377
Shhh...

>> No.27242804

How does a Euro fag get in on this?
Is there any weird shit I have to deal with when buying US stock from a foreign country?
Or am I too late to the party at this point?

>> No.27242827

>>27240641
> diversify among silver, NOK, BB etc...
lol

>> No.27243264

>>27240056
Thts wha to believe, the same big players in the great reset are in this gme short squeeze and the timings so far these last few months have just been all too fucking full of ((cohencidences)) I see the great reset writing on the walls everywhere I fucking look.

>> No.27243303

>>27243264
That’s called paranoid schizophrenia

>> No.27243304

>>27238754
Technically, what happened to the stock was illegal (naked shorting). That's what the whole shitshow started in the first place.

>> No.27243315

>>27240474
Yahoo

>> No.27243329

>>27238001
Dangerously based

>> No.27243348

>>27242804
>How does a Euro fag get in on this?
By opening a trading account with some meme app or brokerage. Try Revolut. You might get your account approved before market open tomorrow.

>> No.27243417

Haha yes I am a lefty ABCDLGBTQ "ally," we should definitely pump GME for "the principle"

>> No.27243577

>>27234721
Btc did this twice in the past 4 years

>> No.27243669

>>27239137
>That does not create more shares though. Lending a dollar to a friend who now owes you dollar does not create a NEW dollar.

But your friend can also lend it to somebody else in the meantime until his dollar is due, creating multiple dollars of debt with a single dollar.

I remember something about it from my economy lessons about that a long time ago, but I can't remember the exact term for it (and I don't know the English term for it), but it's definitely a thing.

>> No.27243735

>>27243303
Man you're an idiot for not seeing it. Crypto regulations coming out all of a sudden all over the world, CBDCs well on their way, Vanguard and Blackrock taking part in Muh retail fight on Wallstreet and crashing the stock market. I'm not paranoid you're just a fucking idiot for not seeing the big plays and the big picture. How is it paranoid I'm hedging against it and betting on it I can't fucking wait for it to happen. Fuck off schlomo

>> No.27243760

>>27243577
btc is a bubble while gme is a sure bet

>> No.27243770

>>27243669
You can't pay your taxes with your friends IOU. It's not real money. There was only one dollar.
You can't create fake stock certificates. It's illegal.

>> No.27243885

Got 2 shares at 80 each on Monday am I gonna be rich?

>> No.27243972

>>27234731
They didn't cover everything but as he said the worst positions are out. It's other faggots that are shorting the stock.

>> No.27244008

>>27233649
Based grandma. Let's gooooooooooooooo!!!!!!

>> No.27244047

>>27234858
and good day to you sir

>> No.27244073

>>27239995

To an extent. Shorters now they pay less if they close out first. If the blood is in the water and the squeeze starts, FOMO will be at unimaginable rates. Everyone shorting knows this might happen and knows they're best off leaving first.

Yes both sides are in a retarded prisoners dilemma now.

>> No.27244115

>>27243885
That's all up to you

>> No.27244138

>>27243972
>the worst positions are out. It's other faggots that are shorting the stock.
the shorts at higher prices are even more crippling in interest though because brokers are now asking for much higher %age interest as well as it being more expensive in general. Given that the available float is being squeezed even more every time they try to ladder the price down they lose the ability to get themselves out of it constantly

>> No.27244154

>>27234029
You are not going to know when short interest drops until well after it has already dropped. It is notoriously difficult just to get an accurate number. Not to mention the delay. You're looking at three week old data every time you pull up that number. A lot can happen in that time. Look at that fucking volume, just look at it. You are honestly a fool if you think there was no covering happening last week.
>>27234731
Also. Ortex is pulling the same three week old, minimum, data that everyone else has. It comes from the exchanges, and they only report because they're legally required to. Welcome to centralized finance.
S3 is estimating and actually has no solid idea what the short interest is.

>> No.27244252
File: 63 KB, 1080x607, IMG-20210127-WA0012.jpg [View same] [iqdb] [saucenao] [google]
27244252

I want to put 1k into GME on Monday.

Late to the party but want to buy at cheapest on Monday. What price do you all feel it will dip down to, if any?

>> No.27244293

>>27235656
Beautifully based.

>> No.27244300

>>27234029

Who do they pay interest to? I would like to invest in those companies.

>> No.27244383

>>27238037
Is this a default for Fidelity? Do I need to actually call them to have this done or is there an option on my account somewhere?

>> No.27244400

I can't wait see all the pseudo anti capitalist plebs on WSB hold bags of shit when the FOMO begins.

>> No.27244425
File: 99 KB, 650x637, 1607029552212.jpg [View same] [iqdb] [saucenao] [google]
27244425

>>27233649
>muh shoe shine boys on wall st.

>> No.27244433

>>27242804
just buy a share in EU, this aint no derivate and even if it was the arbitrage trading bots keep prices perfectly in sync

>> No.27244464

>>27244252

Depends. If it dips to 150-200 in European markets I think the party will come crashing down. If it rises before opening in New York, it's anyone's guess. Masses of people want in, but many want out partially (covering initials and continuing for the meme with what is left). No one can predict dips so buy somewhere in a dip if you want in, at any point.

>> No.27244467

>>27243770
>It's not real money.

Exactly. But the same money can be lent out multiple times, thus basically creating money out of air. Basic example:

> Bank lends $1000 to Person A
> Person A pays Person B the $1000
> Person B puts the $1000 into the same bank
> Bank lends out these $1000 to Person C
> Person C pays Person D the $1000
> Person D puts the $1000 into the same bank
> Bank lends $1000 to Person E etc.

There are mechanism that are supposed to slow this clusterfuck down, but I can't remember them since it's been over 15 years since said economy classes.

>> No.27244583
File: 28 KB, 334x506, 15659134499491.jpg [View same] [iqdb] [saucenao] [google]
27244583

>>27238037
Isn't this just an American thing?

>>27244252
I don't know anything about the economy, the market, stonks, or anything that's got to do with money, but here's some of the possibilities I see:
>rocket take off
You missed the ride. It's only up from ~$300 here on out.
>repeat of Thursday and Friday
Dips down to ~$200s. Seat on the ride still possible.
>h*dgies decide to eat the interest(for a while), hoping the meme momentum dies out
It flatlines for a while, stuck between $200 and $300.
>they get to bend/rape the rules somehow and nothing happens the entire week, the stock crashes from paper hands selling
Buy low sell even lower.

>> No.27244588

>>27237705
>goyims
Goyim is already the plural you stupid fuck.

>> No.27244629
File: 62 KB, 953x730, 060.jpg [View same] [iqdb] [saucenao] [google]
27244629

I've put 2K AUD into this, but kinda want to put in more now. God I hope this GME shit goes well I want to pay off my uni fees and fund my own short films.

>> No.27244641

>>27244464

Thank you for this anon

>> No.27244648

>>27241247
For coins with a higher premium you can often sell them for slightly higher than spot price, they also tend to be more liquid. That said premiums overall are really high now and will probably rise even higher short term, but then drop down once things cool down.
So more short term it probably makes sense to look for the lowest spread and not worry about the premiums, and long term looking for the lowest premium makes more sense. Just my speculation though.

>> No.27244690

https://www.youtube.com/watch?v=n9va0PTdlxY

HOLD GME BUY AMC

>> No.27244704

>>27240220
Borrowed shares can vote but shorts don't own them.
>>27244467
The mechanisms to slow down fractional reserve are benchmark interest rates and the reserve ratio. Ie, less people borrow at higher rates and banks have less to lend when they're required to reserve more.
This is not really what's happening with gamestop and the entire theory that's popped up here lately about fake shares is a misunderstanding of various shorting techniques. Large if factual. Not likely so

>> No.27244780

>>27238729
They don't want to take sides considering the legal shitshow brewing over this, and it's smart that they keep it that way. I imagine they're dreading the outcome because pretty much all scenarios end with the company being doomed, but I'd guess they're somewhat pleased to know that the hedge funds that were trying to wreck them are joining them in the pit.

>> No.27244886

>>27244467
You can't use your Lexmark printer to print out fake GameStop shares and then sell them to people.
Do you agree? You can't counterfeit shares and it looks like they may have done this. It has nothing to do with borrowing stocks for short selling.
Just like you can't counterfeit money. It's illegal.

>> No.27244936

>>27244252
There's going to be one or two dips to 200, maybe 150, again just like Friday before going back up again.
No exponential increases will happen yet on Monday anyway, hedgies will still try to play it cool and make people panic sell / wait for them to get bored.

>> No.27244952

>>27233649
SORRY GAM GAM, I'M TAKING YOUR SOCIAL SECURITY! SHOULDN'T HAVE TAXED ME IN THE FIRST PLACE. SHOULD'VE SAVED PROPER FOR RETIREMENT *dabs*

>> No.27245020

>>27244886
I don't know why you're so hung up on the fake share thing. In neither of my posts I said anything about it because that's speculation and beyond my expertise. Read again, carefully.

I was just answering the part about how lending money multiple times creates "fake" money that doesn't exist.

>> No.27245066

bad fud in this thread

retail investors are just a smoke screen for massive movements by big players. look at the fucking volume at friday close. do you honestly believe that retail kept that shit propped up at 320+ during a short ladder? that fucking 18 year old has better sense than you

>> No.27245166

>>27245066
retail cant trade after hours so you see pretty much big players having fun


also reddit overloaded. seems hedge went to the next phase: DDOSs information sources. good thing 4chin is backed by cloudshit

>> No.27245170

Wew lads take a gander at that put volume. New at 40s and under
>>27244780
They've still got that $100MM shelf, not taking it, I don't get it.

>> No.27245184

>>27245020
An IOU your friend gives you does not create money. It's fake you can't pay your taxes with it. Do you agree?

>> No.27245222

>>27235957

You think you will ever truly be wining if you play their rigged game. This is why we can never beat the elite bankers controlling us. Too many cowards who are controlled by fiat currencies.

I guess some people like being slaves.

>> No.27245234

>>27245066
>do you honestly believe that retail kept that shit propped up at 320+ during a short ladder? that fucking 18 year old has better sense than you
Yep, there were several high 4-figure buy orders put in in the last ten mins before close.
It's other hedge funds/institutions carving up the shorters now

>> No.27245270

>>27233649
seriously my 70 year old mother asked me if i was investing in stocks. she said her other boomer friends were making money from stocks

>> No.27245295

>>27245166
Retail can absolutely trade extended hours, your broker is just poopoo

>> No.27245329

>>27240846
this shit is actually convincing me to not buy

>> No.27245342

>>27245184
You're missing the point. We're both agreeing that it's fake money. It doesn't exist. Yet it can be spent multiple times, despite being merely $1000.

>> No.27245348

>>27241115
Its not like they have more/better options. Will put buy order around 200-250eur range and if something, get a bit of extra profit.

>> No.27245369

>>27240846
Jesus Christ I hate this fucking bitch so much.

>> No.27245376

>>27236441
this.. they cant buy up all at once to cover shorts. price would halt so many times on the way up

>> No.27245436

>>27245170
They know it’s going to crash. People are moving on, or haven’t you noticed? Silver on the other hand, will never crash, because when price spikes and people take delivery, COMEX and SLV will be shut down and silver will stay at $1000. OP’s call will be down 50% at open Monday. Sorry.

>> No.27245457

>>27233500
>GME monday price prediction thread
It will close at 200.

>> No.27245471

>>27245342
An IOU is 100% fake money and if you offered it to me to pay debt to me I would not accept it. I would tell you to give me real USD.

>> No.27245472

>>27244641

No problem man. Remember not to put in anything to don't want to lose, and be mentally prepared to lose it all (or you'll panic sell and fulfil the classic buy high sell low biz motto)

>> No.27245506

>>27245457
and that's the time to buy baby

>> No.27245598

>>27233649
>more and more normies want to pile in
>this is a sell signal
Found the poorfag.

>> No.27245701

>>27245457
It is most retarded thing I have read this week.
Please try to short at 200 price point ^.^

>> No.27245709

>>27233500
We hit 480 last week, this is clearly going to $1k+. I'm thinking $3k is the top.

>> No.27245734

>>27244467
But most people don't have physical money. The process for keeping liquidity for payout is different.
Because most of the money used is on the bank accounts, when the banks lend money, they only mark up the value in your account. The value in the account is the amount ot permitted withdrawl.
When money is spend, it will likely flow into another bank account. If it's the same bank, noting changes hands, the numbers are just added and substracted. (Do you know the monopoly card readers?) If it goes to another bank, the transactions will just likely average themselves out and if not they do some financial trickery. Banks are mostly old institutions, so they have always some inflow from loan payments, which stabilizes their business. If they would only deal with physical, bank runs wouldn't be a thing, as there is few value lost with the money people spend on anything but consumption.
The fact is, account balances are made out of thin air and banks can print infinite money, as long as they balance incoming and outgoing transactions and the ability to provide cash where needed. A cashless society would pump even more money into their bags as their ability to create cash nears infinity.

>> No.27245791

Thrown £800 in and will been in the green as long as the price is around $250. Really tempted to buy 1k worth on Mondays dip but I can’t decide

>> No.27245841

>>27245436
WSB just keeps growing. People are learning what this is about. People are getting angry.

>> No.27245849
File: 46 KB, 1240x698, risitas-abc-kXgE--1240x698@abc.jpg [View same] [iqdb] [saucenao] [google]
27245849

we are the real avengers don't fucking sell

https://www.youtube.com/watch?v=n9va0PTdlxY

>> No.27245899

>>27242137
https://isthesqueezesquoze.com/

>> No.27245968

>>27240996
THEY'RE LIVING IN OUR REALITY NOW!!

>> No.27246048
File: 84 KB, 1024x666, 190075358.jpg [View same] [iqdb] [saucenao] [google]
27246048

>>27233500
>tfw poorfag so couldn’t buy 1 share
Congrats to those who got in though

>> No.27246063

the one thing i am asking myself all the time is: with what trick will wallstreet/the hedges steal the money i threw into GME? its like totally worth the 3k i will lose

>> No.27246123

>>27237923
The jew will NEVER take the hit.

>> No.27246156

>>27245184
>>27245734
Forgot to add.
An IOU written by your friend won't work, but an account balance (technically the same) is provided by a bank and that is a trusted institution, which is part of a system of mutual acceptance of each others transmissions. So it gets recognized.
Your friend's IOU is worthless, because your friend is not a bank.

>> No.27246175

>>27246123
defeatist cuck

>> No.27246177
File: 24 KB, 313x229, capture_001_31012021_160143.png [View same] [iqdb] [saucenao] [google]
27246177

what went so... right?

>> No.27246180

>>27245066
Yes, but the "best case scenario" is pretty catastrophic and could result with you not being able to collect your gains.
If price really would go into infinity it would bankrupt not just the hedge funds, but also their brokers and clearing houses. If that's not enough cover then the ones that had their shares lent out wouldn't get them back, this includes robinhood lending out shares of their users "behind their back". These institutions have finite amounts of money and can't pay out infinite gains.

I don't think there's a way for this to diffuse on it's own without breaking the system, and the regulators won't allow it to break down.
At some point government will step in to solve this, its might get to like $2000 before that though.

>> No.27246184

>>27246048
Buy a fractional share
-not investing advice

>> No.27246197

>>27241239
>infinite gme squeeze
>11 posts by this ID
LOL

>> No.27246227

>>27246197
you should give respect to a millionaire

>> No.27246315

>>27246227
its hilarious to think that most people on 4chan are actually rich

>> No.27246329

>>27246180
Transfering shares will also really mess with them. I could imagine RH going bankrupt over buying them.

>> No.27246336

>>27244115
Should I place the limit at 69,420 lmao who else thinks it’ll hit 5 digits?

>> No.27246365

>>27236715
>>27236872
anyone with a brain can just google institutional ownership of GME and realize the reddit retail is nothing in comparison to them and the retail whales.

if you think reddit has any actual say in this battle other than sentiment than you probably joined in at 300 lmao

other HFs and whales are silently buying in the background, they want the squeeze to happen to, the real question is at what price will most of them sell.

>> No.27246418

>>27246336
I 100% believe it will reach 5 digits.

>> No.27246517

>>27246365
If the 6 million subscribers to WSB own 10 shares each on average that is 60 million shares.
There are only like 70 million shares correct?

>> No.27246547

>>27246517
3 million of these are bots

>> No.27246592

>>27244252
Buy when it dips bro

>> No.27246627

>>27238787
FUCKING HELLO WHAT TO BRING IN MORE MONEY FOR THEIR COMPANY

>> No.27246632

>>27245598
you are truly retarded and I hope you lose all your money for being so smug

>> No.27246689

>>27236194
How do we know Blackrock didn’t buy in for the sole reason of off loading their shares to Melvin for cheap?

>> No.27246699
File: 76 KB, 640x471, .jpg [View same] [iqdb] [saucenao] [google]
27246699

If this thing is big enough to cause a crash then I'll be happy.

>> No.27246708

we seriously need GME general

>> No.27246726

>>27237449
We’ll likely see a significant drop once it reaches $950-$1000. If it manages to recover from that, who knows?

>> No.27246731

>>27246175
You take that back, I am NOT a cuckold.

>> No.27246745

>>27236715
If the short is inevitable, why would any broker lend his shares to be shorted?

>> No.27246787

>>27246418
what makes you so confident out of interest? I've been considering selling at 4 digits

>> No.27246869

>>27233649
This isn’t a normal stock move, this since Friday has gone global. On Monday the international interest alone is going to drive this thing to insane numbers. You have people that have never heard of GameStop in Ireland buying in just to fuck over hedge funds.

>> No.27246927

>>27246365

The sell price is be super touch and go. If prices normalize at a higher level, like 1,000, and the shorts STILL arent out, then its a whole new ball game.

Just a week ago 400 seemed like an impossible unrealistic price. Now here we are.

>> No.27246939

>>27246869
can somewhat confirm, I'm in Aus and I'm holding 5 shares.

>> No.27246957

>>27236000
Fucking. Kek.

>> No.27246964

>>27242351
>That’s not how short squeezes happen.
>compares it to the most famous short squeeze of all time

be honest did you just into stocks yesterday

every short squeeze in the past 20 years has been pretty unique, look at tesla, we might end up in that situation, no one knows this is unprecedented because most short squeeze situations are

>> No.27247017

>>27246787
They have to pay the price you ask for.
It's not a pump and dump.
There are guaranteed buyers. There is no set price on this contract.
This is why "diamond hands" and "hold" are so important.

>> No.27247143

>>27240996
>normie onlyfans chicks buying in and tweeting about a revolution
how much more naive can you get kek

>> No.27247185

>>27240846
>hating the smartest woman in business
Have sex.

>> No.27247190

>>27246689
not enough shares retard
there will never be enough shares

>> No.27247206
File: 543 KB, 1125x1195, CF410983-D242-40A1-B273-F4EA28DEFC21.jpg [View same] [iqdb] [saucenao] [google]
27247206

>>27233500
HOLD THE LINE BOYS AND WE CAN END RACISM

>> No.27247235

>>27247017
god if I read anymore optimistic stuff like this I'm going to sell a single share once it meets my initial and ride the rest to 5 figures.

>> No.27247261

>>27247017
What’s your set price then?

>> No.27247577

>>27247017
listen I'm deep into GME and have been doing DD for around a month but I want to get rid of this notion of it going to 5 figures.

Most of the people spouting this shit are people who just got in at 300 and are reading stupid reddit hype threads instead of actually going back on the analysis on WSB.

There are way too many factors at play here, it will be shutdown, bailed out, etc before it ever reaches 10k.

Listen dude, the people who are spouting FUD and just learned about short squeezes are retarded but people who are spouting meme numbers genuinely who also just learned about short squeezes are just as retarded.

>> No.27247748

I have my limit sell at 5,000

>> No.27247826

>>27247577
>There are way too many factors at play here, it will be shutdown, bailed out, etc before it ever reaches 10k
Who will bail it out? Who will shut it down?

>> No.27247883

>>27247748
doesn't mean shit. what i love about Bitcoin is that every broker would show how weak your limit actually is. I can't find that data for stocks

>> No.27247931

>>27247826
Massachusetts has already asked the NYSE to shut trading of GME down for 30 days. Make no mistake it’s entirely possible.

>> No.27247961

>>27236000
Based and trips-pilled

>> No.27248023

>>27247931
And can the hedgefunds afford to pay interest for 30 days?

>> No.27248167

>>27248023
It’s interest paid to other hedge funds like Vanguard, they’ll come to some agreement along with regulators in the spirit of market stability.

>> No.27248274

>>27248167
Wouldn't that be illegal market manipulation?

>> No.27248298

>>27247577
>>27247931
imo whether it gets shut down/bailed or whether it goes to 5 figures, both are extremely big happenings of equal magnitude and I'd be pleased with either result. Although obviously I'd prefer the former because it would make me slightly richer.