Hmm Mark Cuban did a Q&A yesterday at the WSB reddit if not mistaken and told them to hold because the squeeze is yet to come and GME is likely to come out fundamentally better after this.

And here you're saying its a scam. Unless you're some kind of legendary trader or bigshot, nobody will take you seriously.

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Today, GME share price closed at US$92 - a price likely set by the HF/MF manipulators to sell their US$10 GME shares bought a few months ago, at US$90 = profits of 900% for the HF/MF.

Similar to how MLM scams eventually die out when they run out of numbers in recruiting new gullible investors after 1 to 2 years in operation = the MLM masterminds disappear and abscond with the $ millions collected from those who bought in late or last, to start a new MLM scam a few years later(most gullible folks have short memory); ....
... Share scams, like the likely Gamestonk/short-squeeze scam, often eventually die out or Game Over, with the share price dropping down back to earth from its peak prices(eg GME share price will likely drop down to about US$10 from its peak of US$478 last week) when the scams run out of gullible Retail investors willing to buy the share at high prices, eg around US$90 for GME share = the HF/MF masterminds will then move on to later manipulate another company share or commodity or foreign currency or etc with a new scam.

OTOH, if there remains many gullible Retail investors willing to buy GME shares at US$90, then this high price will stay for awhile, maybe for a few weeks.
....... But Gamestop Corp has little fundamentals as a profitable business = it may even go bankrupt = the high price of US$90 per GME share is not sustainable in the long run, ie after all the HF/MF have sold off all their GME shares at huge US$ billion profits and the hype at r/Wallstreetbets has become stale news, eg in March 2021.

P S - Note that the HF/MF and others have also made huge profits by short-selling GME shares at about US$300 last Friday and this Monday.

Caveat Emptor or Buyers Beware.!
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Hmm Mark Cuban did a Q&A yesterday at the WSB reddit if not mistaken and told them to hold because the squeeze is yet to come and GME is likely to come out fundamentally better after this.

And here you're saying its a scam. Unless you're some kind of legendary trader or bigshot, nobody will take you seriously.

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https://www.independent.co.uk/news/world/am...d-b1794489.html - Billionaire Mark Cuban says he has ‘hedged the heck’ out of his portfolio amid worries over GameStop market war - 6 days ago = Saturday, 30 Jan 2021

= Seems Mark Cuban did not hold his GME/Gamestop shares, ie he cashed out all his GME shares at >US$300 by Friday, 29 Jan 2021,  but was yesterday telling r/Wallstreetbets' Retail investors to hold their GME shares at around US$90. Isn't that hypocrisy.?

Should we believe/trust the words of a Hedgie, ie Mark Cuban or Elon Musk.? For crying loud, he is a billionaire, not the usual Retail investors.

Today, at 10am NY time, GME share price was around US$83.
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Maybe he knows the price will drop temporarily and he perhaps wanted to sell and make a profit first, then buy again when it drops.

If he cash out already and not planning to care about the stock, it doesn't make sense for him to tell ppl to continue holding. Unless he got ties with these HF and brokerages.

In his Q&A he also answered other questions regarding stock behavior, GME upper management, etc.

Bought the dip and hope for the best

we will see.  Mind you, shorters doubled down on their position. on 16th of Jan, the short on this stock was at astounding 225%.
The next time we know the position will be on the 9th of Feb.  If they still didn't go below 100%, aka physically not possible with the amount of shares being traded on a daily basis, watch as buyers all begin to rush back into it again..

Welcome to the whacky world of trading to insanity.

welcome to wall street bets.

I'm playing with disposable funds. Those that i want to hold are all tied in long term investments like stocks, etfs, property, stash-away and my cpf.

this one here, just playing for fun. Hence a small amount. I'm down 300usd overall. Which is nothing at the end of the day. Just no PS5 for me this year.

Down $300 from GME?

"backfired"

They're gonna make a movie out of gamestop to laugh at the Hodlers 

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Note that before this Gamestop fiasco, Hedge-funds and Mutua-funds held about 100 million of Gamestop/GME shares, likely bought a few months ago at US$5 or less, eg in Aug 2020 or earlier. ....... https://fintel.io/so/us/gme

Today, ie Friday night NY time, GME share price closed at US$64 from US$53 yesterday = there are still some gullible Retail investors willing to pay about US$70 for each GME share = still 1400% profits for the HF/MF who had bought GME shares at US$5 and sold them today at US$70.

If these HF/MF have sold 50 million of their US$5 GME shares at US$305 last Friday or this Monday = profitted about US$15 billion or 6,000%. Bank fixed deposits is only giving about 3% annual interest and EPF about 6%.
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yeah, i automatically put some stop losses at 30% on all of my plays.

learn long time ago to cut loss. I could DCA right now, but prefer to really wait this time instead of rushing in without thought. Although it is tempting to do it just with the knowledge that shorts couldn't have possibly covered all their position with the amount of stock volume being traded these couple of days.. For them to cover, they need everyone to sell off their stock and that includes institutional investors, GME and many more.

Even at $20, it is a loss to Melvin, who are holding on $4 short positions. Melvin said they cut their losses at $150 and loss half of their entire capital. Let's see on 9th of Feb whether this is the true story..

Hmm Mark Cuban did a Q&A yesterday at the WSB reddit if not mistaken and told them to hold because the squeeze is yet to come and GME is likely to come out fundamentally better after this.

And here you're saying its a scam. Unless you're some kind of legendary trader or bigshot, nobody will take you seriously.

yeah, i automatically put some stop losses at 30% on all of my plays.

learn long time ago to cut loss. I could DCA right now, but prefer to really wait this time instead of rushing in without thought. Although it is tempting to do it just with the knowledge that shorts couldn't have possibly covered all their position with the amount of stock volume being traded these couple of days.. For them to cover, they need everyone to sell off their stock and that includes institutional investors, GME and many more.

Even at $20, it is a loss to Melvin, who are holding on $4 short positions. Melvin said they cut their losses at $150 and loss half of their entire capital. Let's see on 9th of Feb whether this is the true story..

Have another 2k usd but I'm eyeing other stock. If it goes to 50, I'll consider getting another 10-20shares.

Hmm Mark Cuban did a Q&A yesterday at the WSB reddit if not mistaken and told them to hold because the squeeze is yet to come and GME is likely to come out fundamentally better after this.

And here you're saying its a scam. Unless you're some kind of legendary trader or bigshot, nobody will take you seriously.

Like I said you are looking at it the wrong way. There are many hedge funds not just one or two. Hedge Fund Group A are holding the stocks. They are the one who bought and hold long time ago. Then there's Hedge Fund Group B, these are the ones that short GME from $20 to $5 hoping that GME will go bankrupt. Then there's Hedge Fund Group C that started shorting from the highs of $300 to now.

The problem is Hedge Fund B claimed that they already closed out their positions which many suspects is not true because the volumes traded didnt commensurate with their claims. Then there's also Hedge Fund C who has to eventually close their positions. The question is, are there enough shares outstanding to close their positions or not? Remember the short interest was more than 100+% at the peak of the GME frenzy. Likely Hedge Fund A are lending their shares for them to short, eventually they have to unwind their positions to close the trade. Also remember the borrowing cost to short the shares are high for Hedge Fund C so every day they are shorting is everyday they are bleeding cash in the open position.

My personal take is, Hedge Fund A are very happy sitting in their position right now, they can watch B and C bleeding day by day, until they close their positions to maximise their returns. There is no collusion afaik, at the end of the day, its all about maximization of profits.

20k is big losses? Okay...

Meanwhile Melvin capital lost 8 BILLION or half of their company in January. Isn't a big loss ya? LOL..

Mind you, they still haven't fully exited their short position yet.

So you dont believe in Melvin Capital that they lost $8 billion but believed that they close their position? LOL

I am a sceptic like you, I also sceptical that Melvin closed all their positions back in end of January, I will believe that when there is data

But getting bailed out by a bigger hedge fund is certainly not a good sign

Also Melvin is ikan bilis hedge fund in the grand scheme of things

Mainstream investors are planktons

You without any position, erm can I say you are the suckers tagging along with sharks? Or are you a bottom feeder fish that feeds on shit?

lmaooo.. do you even know how to do maths??

20k in GME stocks, even at their highest ever price of 400USD per share will get you 50 shares of GME stock. If 10 million retarded retail investors bought 50 shares at 400USD per share, that is equivalent of 50million shares being held.

Problem is, there are only 45million shares available.. even less than that considering long term holders and the majority of people certainly didn't invest into GME at the highest price but instead, around 20-100 price range.

So how the fuck did you arrive at your stupid assumptions and figures? LOL

worship is one thing. Not making any sense in his posts is another. LOL..

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Melvin Capital is a profit-based HF. You believe in them saying they lost US$8 billion in Jan 2021.? I'll only believe it when I see their Annual Financial Report showing such a loss.

Let's conservatively say, US$20,000 X 10 million gullible Retail investors around the world like yourself = US$200 billion of profits for the HF/MF. There was a screenshot here showing someone lost his life savings of US$140,000 in this GME fiasco.
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lmaooo.. do you even know how to do maths??

20k in GME stocks, even at their highest ever price of 400USD per share will get you 50 shares of GME stock. If 10 million retarded retail investors bought 50 shares at 400USD per share, that is equivalent of 50million shares being held.

Problem is, there are only 45million shares available.. even less than that considering long term holders and the majority of people certainly didn't invest into GME at the highest price but instead, around 20-100 price range.

So how the fuck did you arrive at your stupid assumptions and figures? LOL
worship is one thing. Not making any sense in his posts is another. LOL..

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

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??

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.

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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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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?

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.

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.