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 GME Gamestop, making men in suits BLEED

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waghyu
post Feb 3 2021, 03:00 AM

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-90% soon
abcn1n
post Feb 3 2021, 03:16 AM

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Deleted. I think I read it wrongly. Pls ignore.

This post has been edited by abcn1n: Feb 3 2021, 03:35 AM
Stusssy
post Feb 3 2021, 08:21 AM

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Is the end ?
Cubalagi
post Feb 3 2021, 08:24 AM

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Below 100 now.. How much have u guys donated to the cause?

This post has been edited by Cubalagi: Feb 3 2021, 08:26 AM
JohnsonLoi
post Feb 3 2021, 08:26 AM

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I didn't buy any GME but just want to confirm that, because most US trading platforms (Robinhood etc..) don't allow people to buy GME, but only can sell, that's why it is going down right?
ben3003
post Feb 3 2021, 08:29 AM

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should be the end la.. but now they easing can buy more than 100 stocks for robinhood. i parking 100usd only, hopefully melvin capital 50% loss is true.

This post has been edited by ben3003: Feb 3 2021, 08:29 AM
TSQuazacolt
post Feb 3 2021, 09:45 AM

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QUOTE(ben3003 @ Feb 3 2021, 08:29 AM)
should be the end la.. but now they easing can buy more than 100 stocks for robinhood. i parking 100usd only, hopefully melvin capital 50% loss is true.
*
53% and increasing

Another 1.5b injection
https://www.ft.com/content/d57150cf-1f96-41...d0-3285e7f0073f

https://www.bloomberg.com/amp/news/articles...ge-fund-carnage

https://finance.yahoo.com/amphtml/news/stev...-183732615.html

And get this:
The shorts are yet to be squeeze laugh.gif

Sweet sweet interests bleeding
honsiong
post Feb 3 2021, 10:14 AM

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QUOTE(Cubalagi @ Feb 3 2021, 08:24 AM)
Below 100 now.. How much have u guys donated to the cause?
*
1@350


QUOTE(JohnsonLoi @ Feb 3 2021, 08:26 AM)
I didn't buy any GME but just want to confirm that, because most US trading platforms (Robinhood etc..) don't allow people to buy GME, but only can sell, that's why it is going down right?
*
It is the most apparent reason, but maybe not the biggest one.

1. Paper hands joined and took profits.
2. SEC has yet to choose side - whether it will help the wall street or retails.
3. There are institutional players on both sides of the trade, rekt Citron and Melvin, but boost profit for maybe 10-20 others.
4. stonkfail.com - fraudulent stock transactions to drive GME down.
LovelyPotato
post Feb 3 2021, 10:36 AM

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If melvin shorted it at ~350 and bought it back @ 90 they would've already earned back ~4x their cost, if the volatility continues it might be their way to cover their losses and the short squeeze might actually fail
TSQuazacolt
post Feb 3 2021, 10:41 AM

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QUOTE(LovelyPotato @ Feb 3 2021, 10:36 AM)
If melvin shorted it at ~350 and bought it back @ 90 they would've already earned back ~4x their cost, if the volatility continues it might be their way to cover their losses and the short squeeze might actually fail
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Again, there's not enough stocks to short, and their existing shorts take time to clear because again, no stocks to buy.

The squeeze cannot fail, only matter of when, not if.
ozak
post Feb 3 2021, 10:43 AM

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QUOTE(Quazacolt @ Feb 3 2021, 10:41 AM)
Again, there's not enough stocks to short, and their existing shorts take time to clear because again, no stocks to buy.

The squeeze cannot fail, only matter of when, not if.
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What is the % shorts float now?
epsilon_chinwk86
post Feb 3 2021, 10:50 AM

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QUOTE(honsiong @ Feb 3 2021, 10:14 AM)
1@350
It is the most apparent reason, but maybe not the biggest one.

1. Paper hands joined and took profits.
2. SEC has yet to choose side - whether it will help the wall street or retails.
3. There are institutional players on both sides of the trade, rekt Citron and Melvin, but boost profit for maybe 10-20 others.
4. stonkfail.com - fraudulent stock transactions to drive GME down.
*
DAMNNNNN I THOUGHT I'm the only one stupid enough to buy at that price. 0.85 unit@340

HELLO FELLOW AUTIST
waghyu
post Feb 3 2021, 10:52 AM

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Buy at peak? Forget it, will not get there.

Join me milking forex market.
Stusssy
post Feb 3 2021, 10:54 AM

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QUOTE(epsilon_chinwk86 @ Feb 3 2021, 10:50 AM)
DAMNNNNN I THOUGHT I'm the only one stupid enough to buy at that price. 0.85 unit@340

HELLO FELLOW AUTIST
*
Bro , $340 is way too high man . You need to try to average down since the price is only around $90 ...

My price was averaged from $300 ++ to below $200 now

Hope tonight will shoot up at least to $200 ++
ChAOoz
post Feb 3 2021, 10:55 AM

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Hedge fund on both side.

While we all diamond hand, not all from the long side will be so kind, especially the big boys that is aiming to make a profit from the squeeze all this time.
TSQuazacolt
post Feb 3 2021, 11:45 AM

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QUOTE(ozak @ Feb 3 2021, 10:43 AM)
What is the % shorts float now?
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As per previous postings, remained at 121% (normally, it should not be possible to exceed 100% lol)

QUOTE(ChAOoz @ Feb 3 2021, 10:55 AM)
Hedge fund on both side.

While we all diamond hand, not all from the long side will be so kind, especially the big boys that is aiming to make a profit from the squeeze all this time.
*
Ultimately they will win as your said, the other side (our side) also got hedgies.

However, one (if not few) will go down on the other side.

This is indeed unprecedented as someone mentioned "the house always win". They were deemed invincible, invulnerable.
Yet see where we are today biggrin.gif 💎🙌

This post has been edited by Quazacolt: Feb 3 2021, 11:50 AM
yunodie
post Feb 3 2021, 05:52 PM

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QUOTE(Cubalagi @ Feb 3 2021, 08:24 AM)
Below 100 now.. How much have u guys donated to the cause?
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not a loss if you don't realize it topkek
duplicated
post Feb 3 2021, 06:02 PM

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Hi, I would like to invest in US stock options like GME options.

But Robinhood only cater to US residents.

Any brokerage for Malaysians to register that has zero commissions/fees like RH?

Thanks.
derravile
post Feb 3 2021, 07:23 PM

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QUOTE(duplicated @ Feb 3 2021, 06:02 PM)
Hi, I would like to invest in US stock options like GME options.

But Robinhood only cater to US residents.

Any brokerage for Malaysians to register that has zero commissions/fees like RH?

Thanks.
*
ToS or IB offers free commission

Tos, takes long time to open account, but do open 1
IB, faster to open, but there is inactive fees of 10USD per month (correct me if i am wrg)

Personally i use Tiger Brokers, (convenient to trade afew different exchanges, Fees r bearable to me)
I have SG bank account to transfer funds in directly, reflected in less than 30mins

Anw, still holding GME at 260 avg cost
fuddle_duddle
post Feb 3 2021, 10:29 PM

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Here corporate news from Gamestop. They just hired a new engineer guy for their e-commerce

GameStop hires former AWS engineering leader as its new CTO, stock bounces
https://www.marketwatch.com/story/gamestop-...nces-2021-02-03

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