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 Gamers lead the way to fuck up wallstreet, Gamers did what communists failed.

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sheldonyong
post Jan 29 2021, 11:11 PM

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Bought at 300 usd to send a message. HOLD THE FORTTTTTT
TheLegend27
post Jan 29 2021, 11:12 PM

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so robinhood still cannot buy? the only app that cannot buy?
TheLegend27
post Jan 29 2021, 11:14 PM

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22k watching at least

mohdkakarot
post Jan 29 2021, 11:14 PM

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I hope the power of the people will win
meunz
post Jan 29 2021, 11:16 PM

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rule of stock market...only helang can make profit
billyboy
post Jan 29 2021, 11:17 PM

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"Citron Research discontinues short selling research. After 20 years of publishing Citron will no longer publish 'short reports'. We will focus on giving long side multibagger opportunities for individual investors"
billyboy
post Jan 29 2021, 11:18 PM

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QUOTE(meunz @ Jan 29 2021, 11:16 PM)
rule of stock market...only helang can make profit
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user posted image
lawliet88
post Jan 29 2021, 11:19 PM

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QUOTE(TheLegend27 @ Jan 29 2021, 11:14 PM)
22k watching at least

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thestockguy at twitch , 40k now, 90k yesterday peak lol
kembayang
post Jan 29 2021, 11:21 PM

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SEC vows to punish ‘abusive activity’ amid GameStop, Robinhood drama

The Securities and Exchange Commission said in a statement Friday morning that it is “closely monitoring the extreme price volatility of certain stocks trading prices” in recent days and that it stands ready to take aggressive enforcement action if market manipulation is found to have taken place.

https://www.marketwatch.com/story/sec-vows-...ama-11611932794
TheLegend27
post Jan 29 2021, 11:25 PM

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QUOTE(lawliet88 @ Jan 29 2021, 11:19 PM)
thestockguy at twitch , 40k now, 90k yesterday peak lol
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thestockguy, he is famous for?
SUSAllnGap
post Jan 29 2021, 11:25 PM

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QUOTE(billyboy @ Jan 29 2021, 11:17 PM)
"Citron Research discontinues short selling research. After 20 years of publishing Citron will no longer publish 'short reports'. We will focus on giving long side multibagger opportunities for individual investors"
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actually, there's nothing wrong with short selling

the thing which is very wrong is the percentage allowed
70% itself you can push the whole company into financial trouble d laugh.gif laugh.gif
billyboy
post Jan 29 2021, 11:30 PM

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[WSB]

Please read!!! This text will be the most important piece that you’ll see today!!!

They didn’t exit any of their short positions! You can look it up!!! The fund sold their shares to other funds, which made the stock algorithm think the stock is being sold —> price goes down —> the found that bought sells those shares again to the fund that sold them in the first place —> price drops even more —> they keep doing that —> price drops lower every time —> but as long as we hold they weren’t able to exit any positions!!! Shorts are still up 120% percent. As long as we hold the squeeze is inevitable!! And if you don’t believe me, look at the GME after hour stock price!

Furthermore don’t sell at 1000$ tomorrow or next week!!! It can be way fucking higher! I‘m talking about numbers around 10/20k per share! Compared to the VW squeeze in 2008 GME would need to be valued at 34000$ per share!!!

READ THIS!!!! COPIED IT FROM A WISE REDDITOR!!!

EVERYBODY READ THIS! Important!

Since it got removed: When do we sell? A quick guide for GME Army. (SECRET TO DIAMOND HAND 💎🙌 )

When do we sell? A quick guide for GME Army. (SECRET TO DIAMOND HAND 💎🙌 )

Too much disinformation about when to sell. I'm tired of seeing people paper handing GME when it drops by 20%, or saying to sell Friday (BTW DO NOT FUCKING SELL FRIDAY OR I WILL COME OVER THERE AND DO STUFF TO YOU!) so here is the DEFINITIVE guide on how to play the ending.

First, we need to understand what is "Days to Cover" or "Short Ratio" .

Official definition:

• ⁠Days to cover, also called short ratio, measures the expected number of days to close out a company's issued shares that have been shorted. • ⁠Days to cover is calculated by taking the number of currently shorted shares and dividing that amount by the average daily trading volume for the company in question. • ⁠A high 'days to cover' ratio can often signal a potential short squeeze.

Dumbed down version:

• ⁠imagine you're Melvin Capital and you have 1 million dildos up your ass. How long will it take to get all those dildos out of your ass? If the volume of dildo removing is 1 per day, then it'll take 1 million days to remove 1 million dildos up your ass. If it's 50,000 dildos a day, then it's 20 days. • ⁠Same thing with covering short positions. How long will it take Melvin Capital and other shorters to cover their short positions? You take alllll the shorted shares, divided by the average volume of share movement per day, and you get something called "Days to Cover"

Now you know what day's to cover means, you can check many websites to see what is the days to cover for GME.

So you can see, even if Melvin Capital wants to cover their shorts, it's gonna take them DAYS, and right now it's gonna take them an entire trading week to cover their position.

So what does that mean for us?

Well, we're just waiting for the day when Melvin Capital starts covering their position. When is that day? VERY FUCKING SOON. They're are bleeding out of their ass with the insane interest rate they're paying for their position, and a lot of puts are expiring on Friday, plus a lot of ITM (in the money) calls expire Friday and can be exercised to get shares.

Friday might be the day where Melvin Capital have no choice BUT to start covering.

Now, IF this happens, then it's not gonna take Melvin Capital 1 hour to cover all their shorts, but DAYS. Meaning if Melvin capital starts covering FRIDAY, it will take them at LEAST 3 DAYS to fully cover, which means ALL of next week, the price will keep increasing and increasing! So realistically I'd say Tues or Wed next week might be peak sell time, IF the covering starts Friday. No need to panic sell. No need to worry about a top that lasts for minutes. It will LAST FOR DAYS!!!!!

Now, CNBC and all of the MM's and corrupt media will fool you into thinking Melvin Capital has already covered their shorts or some other bullshit, but don't believe it. It takes DAYS to do so!

The only numbers you should be looking at is the short ratio. If it's getting smaller, then the squeeze has begun. If it's still at fucking 120% like it is now, NOTHING EVEN HAPPENED YET.

We're at fucking $250 after hours and the shorts still haven't begun to cover yet! Imagine when they do? $1000 is actually a very low estimate, and is no longer a meme number. If we all play it right and hold while shorts cover, we can literally squeeze this to infinity as they try to cover.

TL:DR = ACTUALLY FUCKING READ IT AND HOLD MOTHER FUCKERS HOOOOLLLDDDD. WE'RE ROBBING WALLSTREET TOGETHER!!!!!

💎🙌 💎🙌 💎🙌 💎🙌 💎🙌 💎🙌 💎🙌 💎🙌 💎🙌 💎🙌 💎🙌 💎🙌 💎🙌🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀

And of course, this isn’t financial advice. I’m literally retarded.
Syie9^_^
post Jan 29 2021, 11:34 PM

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QUOTE(kembayang @ Jan 30 2021, 12:51 AM)
SEC vows to punish ‘abusive activity’ amid GameStop, Robinhood drama

The Securities and Exchange Commission said in a statement Friday morning that it is “closely monitoring the extreme price volatility of certain stocks trading prices” in recent days and that it stands ready to take aggressive enforcement action if market manipulation is found to have taken place.

https://www.marketwatch.com/story/sec-vows-...ama-11611932794
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HAHAHAHHAHAHHAHA (Please Insert 460 Burger picture)

Vinci777
post Jan 29 2021, 11:36 PM

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Still can buy from etoro guys smile.gif
lawliet88
post Jan 29 2021, 11:38 PM

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sweat.gif CNBC and other media doxxed the identity of u/DeepFuckingValue lol..

His real name
His age
His previous employer
Deep details about family
And also their repeated harassing of him for comment


SUShaswell88
post Jan 29 2021, 11:38 PM

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Biden will come out tell rediter to STOP NOW! Don hurt ametican economy in middle of pandemic!
SUShaswell88
post Jan 29 2021, 11:39 PM

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Hedge mgr has license to manupilate stock price. Orang biasa tak ada that lesen and its illegal.
SUSlijor the great
post Jan 29 2021, 11:40 PM

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QUOTE(AllnGap @ Jan 29 2021, 11:25 PM)
actually, there's nothing wrong with short selling

the thing which is very wrong is the percentage allowed
70% itself you can push the whole company into financial trouble d laugh.gif  laugh.gif
*
I thought I read they shorted 140%of the stocks
Syie9^_^
post Jan 29 2021, 11:41 PM

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QUOTE(lawliet88 @ Jan 30 2021, 01:08 AM)
sweat.gif CNBC and other media doxxed the identity of u/DeepFuckingValue lol..

His real name
His age
His previous employer
Deep details about family
And also their repeated harassing of him for comment
*
and...where`s the detail? Diamond legend.

Subang Nuclear Reactor
post Jan 29 2021, 11:41 PM

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the geeks are just tools of other hedge funds that longed GME to lure Melvin into shorting it

the hedge funds that longed it will eventually have to sell, and those couldn't exit in time will get fucked big

people with little knowledge or can't take risk should really just watch the show

This post has been edited by Subang Nuclear Reactor: Jan 29 2021, 11:42 PM

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