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Afaik, a GME share can be loaned out many times to short-sellers = 45 million available GME shares can become 90 million shares, ie 100%. .......

https://www.fool.com/investing/2021/01/28/y...over-100-heres/ - Yes, a Stock Can Have Short Interest Over 100% -- Here's How - 28 Jan 2021

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https://fintel.io/so/us/gme?__cf_chl_jschl_...aeuLCJxghH7gbQg
" GameStop Corp. (US:GME) has 491 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 109,457,322 shares. Largest shareholders include Fmr Llc, BlackRock Inc., FDMLX - Fidelity Series Intrinsic Opportunities Fund, Melvin Capital Management LP, Vanguard Group Inc, Senvest Management, LLC, Susquehanna International Group, Llp, Maverick Capital Ltd, Morgan Stanley, and Dimensional Fund Advisors Lp. "
It's likely that most of the above Institutional investors have dumped their millions of US$5 GME shares(bought in Aug 2020 or earlier) at end Jan 2021 to millions of gullible Retail investors at >US$100 per share.
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This post has been edited by lurkingaround: Feb 19 2021, 07:57 PM

Thats 500 million shares btw, not 50 million using his assumptions and figures


lurkingaround

Bro, the numbers are from your own mouth, tell us how the heck are you able to buy 500 million shares when only 100 million shares are available??

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I was just giving a ballpark figure of 10 million and US$200 billion profits, which I admit was quite over-estimated. Like Liamness who bought only 20 GME shares, a better estimate would be an average US$10,000 loss per Retail investor and 4 million of them = US$40 billion profits for the HF/MF during the week of 26-29 Jan 2021.
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You are grossly mistaking losses.. lmaoo.. I'm only down 500 USD overall. And can easily DCA right now if it drops any further if I wanted to.


No way it drops to 5 bucks without some fuckery. I have plenty more cash reserves if or when that happens. Difference is I'm paying with cold hard cash. Unlike the HF, I dont have a broker on my back asking for their margin.

This post has been edited by Liamness: Feb 19 2021, 11:03 PM

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Your smaller US$500 loss is only because you bought your 20 GME shares at about US$100 each in early Feb 2021, ie not at about US$350 per share on 26-29 Jan 2021. You cut your losses by selling half of the 20 shares at US$70 about 1 week later.
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the interview was interesting

May I know how you arrive at your estimate and how is this better? What rationale did you use to arrive at that figure? Simply pick a number out of thin air. Even with your revised numbers that means 100 million shares ON TOP of institutional holdings of another 100 million shares, thats 200 million total shares when outstanding shares of the company is only 79 million.

So let me ask you again, how is it possible for the extra 120 million shares to exist?

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Actually, a better estimate would be if the HF/MF managed to dump 60 million of their GME shares(bought for about US$5 per share in Aug 2020 or earlier) onto gullible Retail investors(= Gamestonkers) for about US$305 per share during the pump on 26-29 Jan 2021, their profits would be about US$18 billion.
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Sounds like you are just making up numbers from thin air. And clearly you dont know what you are talking about. I rest my case here.

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https://stockzoa.com/ticker/gme/

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Seems, as of Sep 2020, Melvin Capital owned 5.4 million GME shares. If so, why would MC short-sell GME shares in Dec 2020 and early Jan 2021.? Even if it did, wasn't its short-sell already covered by the 5.4 million GME shares it owned.?
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You already said its of Sep 2020. That's old news. Your analysis is terrible to say the least.

A more up to date data is to look at their 13-F fillings which shows that they have 0 shares and interestingly 6,000,000 puts



Btw, I got this info from the links that you posted earlier as well

https://fintel.io/so/us/gme?__cf_chl_jschl_...aeuLCJxghH7gbQg

https://fintel.io/so/us/gme/melvin-capital-management-lp

I know you are biased but still, it needs to be based on facts and figures not just your hunch

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Your data just means that Melvin Capital has sold or dumped all its 5.4 million GME shares to gullible Retail investors very recently, eg on 26-29 Jan 2021 when GME share price was >US$300 = MC made huge profits from the sale.
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Latest filing on 16 Feb 2021 shows that MC took a 6 million Put options on GME shares on 31 Dec 2020 when GME share price was at around US$20 (yesterday closed at US$40) = no great loss to MC, ie only lose on the price of the Put options X 6 million, but it will be profitable if the GME share price drops below US$20 in the coming weeks. .......

https://www.investopedia.com/terms/p/putoption.asp
" What Is a Put Option?

A put option is a contract giving the owner the right, but not the obligation, to sell–or sell short–a specified amount of an underlying security at a pre-determined price within a specified time frame. This pre-determined price that buyer of the put option can sell at is called the strike price. "

https://www.dummies.com/personal-finance/in...-stock-trading/ - what-to-consider-when-buying-put-options-in-stock-trading
"When you buy a put option, you’re hoping that the price of the underlying stock falls. You make money with puts when the price of the option rises, or when you exercise the option to buy the stock at a price that’s below the strike price and then sell the stock in the open market, pocketing the difference. By buying a put option, you limit your risk of a loss to the premium that you paid for the put."
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P S - GME Put options cost about US$0.005 per share. MC's 6 million Puts cost about US$30,000 in losses if not exercised.
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This post has been edited by lurkingaround: Feb 20 2021, 12:08 PM

For the bolded part:

1) How you know they sold on 26-29 January? No proof no talk
2) How you know they bought puts on 31 Dec 2020?
3) How do you know what price they bought at?

You are sounding more ridiculous. Please dont dig your own grave

The cheaper it gets, the better. I'll just snap up another 100 shares at $20 if and when it gets there. Why not? I love this stock!

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Do you have any source links to show that Melvin Capital had a massive short-sell position in early Jan 2021, resulting in MC being short-squeezed by Gamestonk Retail investors at r/Wallstreetbets in late Jan.?
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One by one ok? You answer my questions first.

Congrats, GME give you big angpow today, HUAT AHH!!!

didn't drop enough. haiyah