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

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smallikanbilis
post Jan 28 2021, 05:52 PM

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Time to short GME on Friday
smallikanbilis
post Jan 28 2021, 06:08 PM

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QUOTE($kidzl @ Jan 28 2021, 06:05 PM)
Pls do and tell me how much loss you make.

Thanks.
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haha I already long put option last night. It is just a matter of time before the bubble burst.
smallikanbilis
post Jan 28 2021, 06:24 PM

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QUOTE(blackie19 @ Jan 28 2021, 06:13 PM)
Long dated put option seems like a logical choice right now.
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Unfortunately the time premium is too huge. Just two-three months should be more than sufficient.
smallikanbilis
post Jan 29 2021, 01:02 AM

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QUOTE(ze2 @ Jan 29 2021, 12:36 AM)
Tomorrow we observe TG ya...... 😊
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Why just observe TG when you can just buy its ADR on the US stock exchange now? Price has yet to move.
smallikanbilis
post Feb 1 2021, 06:40 PM

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QUOTE(Liamness @ Feb 1 2021, 03:53 PM)
That is one way. Another thing Game Stop can do is issue dividend payout to share-holders.

Since why the heck not right? How many billions have they made overnight.

Then, they can go and take a couple billion dollar loan to expand the company operations. This is all covered by the stupid hedge funds now stuck with their hands inside the cookie jar without any easy way to get out.
Game Stop should 1) Issue more shares, 2) payout dividends. & 3) take a couple billion dollar loan to really grow the company and secure its future.

They are expanding into online retail now. Close down brick & mortar stores, balance the books, and on-top of that, have billions of dollars in cash reserve. This is what all the big companies like Apple, Amazon and Google all have and do.

If I were game stop CEO, I'm so optimistic about the future right now.
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Could you entertain me on how GME made billions overnight from the sharp appreciation in share price without having issued any new shares? How does this translate into cash inflows to the company’s balance sheet?
smallikanbilis
post Feb 1 2021, 08:15 PM

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QUOTE(AllnGap @ Feb 1 2021, 06:45 PM)
owners can mortgage shares to banks for money.
infact all billionaires they dont sell their shares because they get taxed on the profits they made

so lets say their shares are worth $1, they can borrow lets say 60% of that amount for the company to use.
so the stock price does impact the loan amount from banks
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Yes shareholders can obtain margin financing using the shares. But this doesn’t explain how the company can make billions and use it to pay out dividend.
smallikanbilis
post Feb 1 2021, 11:27 PM

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QUOTE(Liamness @ Feb 1 2021, 11:15 PM)
Game stop bought back their own shares at $5 back in 2019.
They own 30-40million of their own shares. If they sell it on the open market, that is almost a 10 billion dollar position.

They can use the stock right now as collateral and get a loan. Just like Apple do. Take a low interest rate loan and go from there.
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You are right that GME repurchased close to 40 million of own shares at around $5 back in 2019. However, those shares were immediately retired so they no longer hold them. The only way for GME to benefit from the surge in share price is to issue new shares.
smallikanbilis
post Feb 1 2021, 11:27 PM

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QUOTE(cikalakacikaci @ Feb 1 2021, 11:26 PM)
Dropping to its original price
My put option fly highh hnghh
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Mine as well. Good job!
smallikanbilis
post Feb 2 2021, 01:39 PM

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BBB UUU?
smallikanbilis
post Feb 2 2021, 10:55 PM

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BBB UUU?

 

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