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Ya kah.?

Yesterday, Feb 1 2021, GME/Gamestock share price closed at US$225 = down US$100 = down about 40%.

Today, it opened at US$140, ie at 10:30pm KL time or 9:30am NY time. Now, it is at around US$110 = down about 50%. You losing money ler if you did not sell yesterday.
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Today's closing price of Gamestop/GME share is US$90. After-market share price is heading downwards.
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https://www.thestar.com.my/business/busines...-raises-caution - 2021/01/31/gamestop-a-tulip-by-another-name-raises-caution

The end-game of this Gamestonk movement at r/Wallstreetbets against HF short-sellers has always been the GME share price ending up back down to earth at about US$20. The only difference is how high will the peak price be during this game, ie US$500 or US$1,000 or US$100k or Infinite.? Looks like the peak price has already been reached last Wednesday, ie US$478.

To me, from the beginning a few months ago, this was a money scam that has been meticulously masterminded by the HF/MF people to scam gullible online Retail investors, ie the former bought millions of GME shares at about US$10 each some months ago and have recently sold them to the gullible latter at about US$400/US$300/US$200 each = a profit of >1,000%.
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Looks like you have bought into the r/Wallstreetbets hype by r/DeepFuckingValue aka Keith Patrick Gill who is a Mutual Fund insider, having bought many Gamestop/GME shares at about US$5 each a few months ago and who have been touting Gamestop Corp as a good investment and ranting againt the HF short-sellers of GME shares like Melvin Capital.

Those who have recently bought GME shares at >US$100 each likely got scammed by the HF/MF people or BIG Shark manipulators, including by r/#DeepFuckingValue aka Keith Patrick Gill.
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If the short-squeeze or Gamestonk of GME/Gamestop shares was a money scam masterminded by the HF/MF conspirators to push up the price from US$20 to >US$100 in Jan 2021, they were banking on millions of indifferent Retail investors like yourself to make their U$ billions in profits, ie 20 shares bought in at US$100 each can become a total loss of US$2k X 5 million Retail investors = US$10 billion profits for the HF/MF.

OTOH, for those indifferent Retail investors who recently bought 20 GME shares at US$300, their loss will be about US$6k = US$30 billion profits for the HF/MF.
........ And those Retail investors who bought 100 shares at US$100, their total loss can be US$10k = US$50 billion profits for the HF/MF. .......

https://cilisos.my/the-crazy-story-of-how-t...-a-millionaire/ - The crazy story of how this Malaysian 1-cent thief became…a MILLIONAIRE!! - 16/5/2017
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Today, GME share price closed at US$53.

Your outlay; ... 20 GME shares at US$200 each = US$4,000.
Your losses as of today's price of US$53 if still HODL = about US$3,000 = about RM12,000.
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https://www.cnbc.com/2021/02/09/gamestop-br...-to-an-end.html - 2021/02/09/gamestop-breaks-below-50-a-share-as-short-squeeze-comes-to-an-end

Still BBB.UUU and HODL kah.?
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Fyi, today - Friday, 12 Feb 2021 NY time, GME/Gamestop share price closed at US$52.40, from its yesterday's close of US$51.10.

Looks like it's staying around US$50 and not shooting to the moon to US$1,000 or more, like Bitcoin and Tesla. Will GME share price eventually drop back down to earth to about US$5.?
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Whatever DFV aka Roaring Kitty aka Keith Patrick Gill says in Congress this Thursday, 18 Feb, (= HODL.? Gamestonk.!.?) won't likely affect the GME share price because he is actually a Hedge-Fund/Mutual-Fund insider, eg he has been a Financial Advisor (to rich people and companies) for some years and had recently worked for MassMutual as a Marketer. IOW, he is likely a cohort or "partner-in-crime" with the HF/MF. .......

https://heavy.com/news/keith-gill-roaring-kitty/ - 29 Jan 2021

https://www.reuters.com/article/retail-trad...y-idUSL4N2K35HY - January 29, 2021 -Updated 19 days ago -
Famed GameStop bull 'Roaring Kitty' is a Massachusetts financial advisor

Today, Tuesday 16 Feb 2021 NY time, GME share price closed at US$49.51, from its previous close of US$52.40.
....... Seems the HF/MF BIG Shark manipulators are keeping the price at around US$50, so that they can still slowly offload their GME shares that had been bought at about US$5 a few months ago = still a 1,000% profit = "buy-low-and-sell-high".

So, likely, once nearly all their millions of GME shares have been offloaded to gullible Retail investors, then the price will slowly drop back down to earth to about US$5 or less = Retail investors who bought at >US$49 will be left HOLDing the bag. Then a few months later, the HF/MF will move on to target another "thing" for media-hype and manipulation - of it's price to the moon.
....... Note that before this GME fiasco, ie before Jan 2021, the HF/MF held about 100 million GME shares bought at around US$5 in Aug 2020 or earlier.

"Stupid is as stupid does".
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https://www.nytimes.com/live/2021/02/17/bus...kitty-testimony - Roaring Kitty Will Tell Congress He Was a True Believer in GameStop - Last Updated - Feb. 18, 2021, 7:07 a.m. ET

Keith Gill, the former MassMutual wellness education director who advocated for shares of GameStop in his free time, is prepared to tell a House committee on Thursday that he never provided investment advice for a fee and did not “solicit anyone to buy or sell the stock for my own profit.”

The statement made no mention of the fact that Mr. Gill was a registered securities broker and a chartered financial analyst while he was posting online about GameStop under the alias Roaring Kitty and another pseudonym that included a vulgarity.

In the five-page statement, Mr. Gill described himself as a true believer in the fortunes of GameStop, a video game retailer, and said his postings online about the company had nothing to do with his job at MassMutual. He portrayed himself as a one-person operation doing battle with wealthy hedge funds, some of which were shorting shares of GameStop and betting on its collapse.

“The idea that I used social media to promote GameStop stock to unwitting investors is preposterous,” Mr. Gill said in the statement, which his lawyer provided to the House Committee on Financial Services in advance of Thursday’s hearing into the speculative and aggressive trading last month in shares of GameStop. “I was abundantly clear that my channel was for educational purposes only, and that my aggressive style of investing was unlikely to be suitable for most folks checking out the channel.”

He said he had shared his investment ideas online because he “had reached a level where I felt sharing them publicly could help others.”

Mr. Gill described himself as an average guy who earned a modest income and was effectively out of work for two years before landing at MassMutual in April 2019. The statement skirted over how much money he had made trading shares of GameStop — though he said he had told his family at one point that “we were millionaires.” He also did not mention that Massachusetts securities regulators are investigating whether he violated any securities industry rules and regulations with his social media postings.

On Tuesday, Mr. Gill and his former employer were named as defendants in a proposed class-action lawsuit that claimed he misled retail investors who bought shares of GameStop during its 1,700 percent rally only to suffer losses when the stock quickly gave back most of those gains. The lawsuit contends that MassMutual and its brokerage arm did not properly supervise Mr. Gill, who was an employee until a few weeks ago.

Mr. Gill’s lawyer, William Taylor, declined to comment on the lawsuit. A spokeswoman for MassMutual said the company was reviewing the matter with Mr. Gill.

Mr. Gill is one of a half-dozen witnesses scheduled to testify at the hearing, which will focus on the impact of short selling, social media and hedge funds on retail investors and market speculation.

— Matthew Goldstein

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Looks like every thing about Keith Gill smells fishy, hence got a Class-action lawsuit against him by losing Retail investors in GME. Why was he not upfront with the fact that he was a Financial Advisor(to rich folks and companies) and working for MassMutual when he was hyping Gamestop/GME shares to Retail investors at Reddit/Wallstreetbets as (im)poster #DeepFuckingValue in early January 2021.? In fact, he was impersonating as an ordinary Retail investor. Only on Friday 29 Jan 2021(GME share price closed at US$329), was he outed by the news media for who he really was, ie his real name and vocation.

GME share price has dropped and is now at about US$45.
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P S - The actual Congress hearing is at noon ET(= NY time), ie about 1 hour from now.
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This post has been edited by lurkingaround: Feb 18 2021, 11:58 PM

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Video error. Fixed for you.
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This post has been edited by lurkingaround: Feb 19 2021, 12:31 AM

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If what you and gullible Retail investors of GME say is true, how come the "short-squeeze" lasted for only 4 days, ie from 26 to 29 Jan 2021.? How come still no more short-squeezing by Retail investors for the past 2 weeks.?

To me, it is a typical pump-and-dump + buy-low-and-sell-high operation conspired by a gang of HF/MF market manipulators, who likely included #DFV aka #RK aka Keith Patrick Gill.

Why did Keith P Gill stop posting his GME share portfolio/holdings after 29 Jan 2021.? Probably he has sold off all his GME shares at about US$300.
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Please provide source link that says he was not allowed to post his GME portfolio anymore because he had been called to testify in Congress.

https://www.wsj.com/livecoverage/gamestop-s...eddit-robinhood - livecoverage/gamestop-stock-hearing-keith-gill-reddit-robinhood - For Keith Gill, aka ‘Roaring Kitty,’ GameStop Money Will Go a Long Way - 2 hours ago
"Mr. Gill, through the “DeepF---ingValue” account, posted on Reddit in early February that he would stop posting daily updates on his position. By then, his holdings had swelled to about $22 million, including GameStop options and cash."
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Today, Thursday 18 Feb 2021 NY Time, GME share price closed at US$40.69, from its previous close of US$45.94, a drop of 11.34%.
....... No real boost from DFV. He could have showed that he was still HODL and Gamestonk with his GME shares by posting his portfolio, like he used to.

The anti-business Congressional Democrats at the hearing mostly targeted the "BIG men" Robinhood and Citadel/Melvin Capital for questioning and ignored the "small men" Keith Gill aka #DeepFuckingValue and Reddit.

Looks like Gamestop/GME share price is heading back down to earth/US$5 - in a month or 2, instead of shooting up to the moon/US$1,000.
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Not every Retail investor is like you. .......

https://www.wsj.com/livecoverage/gamestop-s...eddit-robinhood - Lawmaker Cites Salvador Vergara’s Losses - 7 hours ago
"Rep. Jim Himes (D., Conn.) cited the trading losses of Salvador Vergara during Thursday's congressional hearing. The Wall Street Journal reported that Mr. Vergara was so enthusiastic about GameStop Corp. shares that he took out a $20,000 personal loan and used it to buy shares. He now faces big losses as the stock plunged.

Many individual investors said that they piled into GameStop shares to see professional investors deal with losses. But Mr. Vergara’s losses highlight the difficulty in determining winners and losers of the GameStop mania. Not all retail investors notched big gains, and not all institutional investors dealt with losses."

It was anonymous DFV aka Keith Gill who impersonated as an ordinary Retail investor on Reddit, who also hyped the short-queeze of Hedge-funds who had held large short-positions on GME shares in early Jan 2021. This caused many gullible Retail investors to pile into GME shares at >US$100 prices at end Jan 2021 and became losers/suckers as above.
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This post has been edited by lurkingaround: Feb 19 2021, 11:15 AM

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There are mainly 2 types of pump-and-dump scheme conspired by BIG Shark stock manipulators, ie the very quick one like the Gamestop/GME share price being pumped from about US$20 to US$400 over 5 days; ... and the very slow one like the DJI and AAPL share price being pumped up gradually over about 10-20 years or so.

Note that the Dow Jones NY Stock Market had Crashed(down by >50%) in 1974, 1982 and 2008. .......
https://www.macrotrends.net/1319/dow-jones-...istorical-chart

The Business news media are likely part of this pump-and-dump scheme.

In the Free Market, it is easy for BIG Sharks to manipulate stock/share prices according to their news-media-scripted scenario, eg the short-squeeze of GME/Gamestop shares. They become like gods of the Stock Market, eg able to set the date for a pump or a Market Crash.

Eg we can have institutional investors like Hedge-fund/Mutual-fund A, B and C who were holding a horde of millions of Gamestop/GME shares, bought at US$5 in Aug 2020 or earlier. At end Jan 2021, A starts selling a few GME shares to B at US$30 per share. Then B sells the same GME shares to C at US$40. Later C sells back the same to A at US$50 = like a Merry-Go-Round. Rinse and Repeat, either to pump up or down the share prices. Since A,B and C are of the same gang, there was no real loss or profit between them.
....... After pumping up the share price, they dumped/offloaded the bulk of their horde of millions of GME shares to gullible Retail investors at >US$100 per share = profits of >2,000%.
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https://forum.lowyat.net/topic/5094654/+1420 - Gamers lead the way to fuck up wallstreet, Gamers did what communists failed.
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Your deductions and GME-positions have already been proven wrong for the past 2 weeks. This will likely continue to be true, ie GME/Gamestop share price dropping back to earth to <US$20 to pre-Jan 2021 prices.
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This post has been edited by lurkingaround: Feb 19 2021, 12:19 PM

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Believing in what billionaires Ryan Cohen and Mark Cuban say(eg bikin tak serupa cakap, and lying) is like believing in what people say on Reddit, Facebook and Twitter = gullible.

https://dictionary.cambridge.org/dictionary/english/gullible
gullible
adjective
uk
/ˈɡ�l.ə.bəl/ us
/ˈɡ�l.ə.bəl/

easily deceived or tricked, and too willing to believe everything that other people say:
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That is not the point. Eg I avoid investing in Shares like the plague, like avoid investing in Nigerian Prince scams, MLM, shopee scams, Macau scam calls, non-mandatory insurance, Lotto, etc, ie the GME fiasco also doesn't affect me.

The point is whether what you and us said and advocated is right or wrong/true or false.
....... I said the GME short-squeeze was likely a money scam(= pump-and-dump) conspired by the HF/MF, who had held about 100 million GME shares before this fiasco, bought at about US$5 per share in Aug 2020 or earlier, and #DeepFuckingValue aka Keith Gill is likely IN on this scam.
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This post has been edited by lurkingaround: Feb 19 2021, 01:31 PM

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Most likely, Game Over.
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Stark example of a likely quick pump-n-dump scheme as mentioned above. .......

https://www.celebritynetworth.com/articles/...ti-billionaire/ - A Mysterious Penny Stock CEO Has Suddenly Become A Multi-Billionaire After Share Price Increases 25,000% In A Week. This Story Is Insane. - By Brian Warner on July 9, 2014

CYNK Technology OTC share price shot up from US$0.10 at before july 2014, to US$2 on 2 July and then to US$14.70 on 9 July 2014. Since end July 2014 until today, the price has remained near US$0.00. Maybe GME share price will go the similar way, ie will stay near US$5.

The company has US$0 revenue in 2013 and lost US$1.5 million that year. A Hispanic American owned 210 million out of 292 million outstanding shares and is the ONLY EMPLOYEE.

https://www.stockopedia.com/share-prices/cy...ology-PNK:CYNK/

https://www.forbes.com/sites/timworstall/20...sh=1b37faa947d3 - timworstall/2014/07/11/the-mystery-of-CYNK Technology-no-assets-no-turnover-and-a-US$4.5-billion-valuation
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https://www.sec.gov/news/pressrelease/2015-157.html - SEC Charges Man With Microcap Fraud Involving Shares of Cynk Technology Corp.
" Washington D.C., July 31, 2015 —

The Securities and Exchange Commission today charged a Canadian citizen with conducting a scheme to conceal his control and ownership of a microcap company whose price quickly spiked last year. The SEC suspended trading in the stock, Cynk Technology Corp., before the alleged schemer, Phillip Thomas Kueber, could profit on the gains from the stock’s rise to more than $21 from less than 10 cents per share.

The SEC alleges that Kueber was behind a false and misleading registration statement filed by Cynk and enlisted a small group of straw shareholders and sham CEOs to conceal his control of purportedly non-restricted shares in Cynk stock. The complaint alleges that the straw shareholders – mainly Kuber’s family members and associates in British Columbia and California – never received the shares they “purchased.” Kueber allegedly transferred the shares to brokerage accounts and offshore shell companies he secretly controlled and misled broker-dealers about his ownership of the shares to create the false appearance of a company with publicly held shares.

According to the SEC’s complaint filed in U.S. District Court for the Eastern District of New York, Kueber was unable to cash in on selling his Cynk shares when the SEC suspended trading in Cynk on July 11, 2014 amid suspicious activity surrounding the company’s stock. Once trading resumed, the share price fell, closing at 60 cents per share on July 28, 2014.

“We allege that Kueber used straw shareholders, offshore dummy corporations, and puppet corporate officers to gain and conceal control over the majority of Cynk shares,” said Michael Paley, Co-Chair of the SEC Enforcement Division’s Microcap Fraud Task Force. “Law enforcement has again pierced through the layers of deceit to hold an alleged wrongdoer accountable, in this case before he could liquidate his shares in the open market and realize ill-gotten profits.” "
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This post has been edited by lurkingaround: Feb 22 2021, 11:08 PM