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Link Posted: 1/28/2021 12:22:18 AM EDT
[#1]
Honestly the whole saga has been fascinating to watch and quite telling. The sheer fear expressed yesterday and today about retail investors beating the wall street titans and boys club, completely legally, at their own game is hilarious.

The fact that a reporter asked the WH spokesperson today at the press briefing shows how much reach the big dogs have. 140% exposure is insane, lol.

Link Posted: 1/28/2021 12:23:59 AM EDT
[#2]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
140% exposure is insane, lol.

View Quote



No. It’s irresponsible and they’re going to pay for it.
Link Posted: 1/28/2021 12:27:15 AM EDT
[#3]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



No. It’s irresponsible and they’re going to pay for it.
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Quoted:
Quoted:
140% exposure is insane, lol.




No. It’s irresponsible and they’re going to pay for it.

Don't lie to yourself. We're the ones who are going to pay for it. But it will at least be fun to rub some dirt in their faces in the mean time.
Link Posted: 1/28/2021 12:29:32 AM EDT
[#4]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



No. It’s irresponsible and they’re going to pay for it.
View Quote



Just like they did in 2008!
Link Posted: 1/28/2021 12:29:41 AM EDT
[#5]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


This is going to have a trickle down effect into everyone's IRA and 401k (even if not part of the WSB antics) should it continue.    We're a house of cards as it is.  
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How this affects the broader market is more concerning to me.  This could be a black swan event.

These institutional investors like Melvin Capital and Citron that bet the house on shorting certain companies will be forced to sell their shares of other solid companies in order to unwind their short positions, and likewise other firms that have contagion risk will be forced to do the same, then it's a domino.


This is going to have a trickle down effect into everyone's IRA and 401k (even if not part of the WSB antics) should it continue.    We're a house of cards as it is.  


Exactly. I'm wagering a 4% or so hit overall. I lost 1% overall Wednesday, and I am conservatively invested. Asian markets are dropping right now...
Link Posted: 1/28/2021 12:33:38 AM EDT
[#6]
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Quoted:
View Quote


 I'm crying here.  Howling like a hyena.
Link Posted: 1/28/2021 12:33:50 AM EDT
[#7]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Imagine if Trump came in and started hyping this now
View Quote

He is probably happy to be back in the family business where he can play the game to make money.
Link Posted: 1/28/2021 12:34:00 AM EDT
[#8]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



Just like they did in 2008!
View Quote



No. People taking adjustable rate mortgages they couldn’t afford did that to themselves. The banks buying the mortgages as MBSs were left holding the bag.
Link Posted: 1/28/2021 12:34:08 AM EDT
[#9]
Link Posted: 1/28/2021 12:39:29 AM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I'm trying to figure out how this GME squeeze could effect the broader market.  

If the shorts go broke, what other dominos may fall?  

Will confidence in the markets be shaken and people start selling due to the uncertainty?

Buying the VIX may be a good play.
View Quote

it exploded today.
Link Posted: 1/28/2021 12:41:24 AM EDT
[#11]
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The suit is arguing fundamentals when we have higher P/E’s than 1929 and some rival tech bubble.
Link Posted: 1/28/2021 12:41:55 AM EDT
[#12]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Exactly. I'm wagering a 4% or so hit overall. I lost 1% overall Wednesday, and I am conservatively invested. Asian markets are dropping right now...
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
How this affects the broader market is more concerning to me.  This could be a black swan event.

These institutional investors like Melvin Capital and Citron that bet the house on shorting certain companies will be forced to sell their shares of other solid companies in order to unwind their short positions, and likewise other firms that have contagion risk will be forced to do the same, then it's a domino.


This is going to have a trickle down effect into everyone's IRA and 401k (even if not part of the WSB antics) should it continue.    We're a house of cards as it is.  


Exactly. I'm wagering a 4% or so hit overall. I lost 1% overall Wednesday, and I am conservatively invested. Asian markets are dropping right now...


I lost 4%,but I'm recklessly invested...Just not as recklessly as WSB bois.  
Link Posted: 1/28/2021 12:42:04 AM EDT
[#13]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Honestly the whole saga has been fascinating to watch and quite telling. The sheer fear expressed yesterday and today about retail investors beating the wall street titans and boys club, completely legally, at their own game is hilarious.

The fact that a reporter asked the WH spokesperson today at the press briefing shows how much reach the big dogs have. 140% exposure is insane, lol.

View Quote


The “completely legally” aspect of it may be a TBD.  I’m guessing we’re going to see the SEC floating some test cases from this on how far the market manipulation statutes reach.
Link Posted: 1/28/2021 12:46:13 AM EDT
[#14]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I lost 4%,but I'm recklessly invested...Just not as recklessly as WSB bois.  
View Quote

you are doing it wrong

not financial advice.
Link Posted: 1/28/2021 12:46:17 AM EDT
[#15]
Probably ban or limit retail investing.
Link Posted: 1/28/2021 12:47:30 AM EDT
[#16]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

you are doing it wrong

not financial advice.
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Quoted:
Quoted:


I lost 4%,but I'm recklessly invested...Just not as recklessly as WSB bois.  

you are doing it wrong

not financial advice.


I'm "up" 300% in a year...
Link Posted: 1/28/2021 12:48:28 AM EDT
[#17]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



Let me contribute.........................................$11-million shares are average trading volume

https://fintel.io/ss/us/gme

Security GME / GameStop Corp. (36467W109)
LEI 549300505KLOET039L77
Latest Market Date 2021-01-27
Short Volume 15,692,871
Market Volume 92,837,600
Short Volume Ratio 17%

____________________________
https://shortsqueeze.com/?symbol=GME&submit=Short+Quote

Gamestop Corporation

$ 347.51
GME
199.53
Short Squeeze Ranking™
view
Short Interest Ratio (Days To Cover)
6.3

Short Percent of Float
%
Short % Increase / Decrease
5 %
Short Interest (Shares Short)
71,200,000
Short Interest (Shares Short) - Prior
68,130,000
Daily Short Sale Volume
view
Daily Naked Short Selling List
view
% From 52-Wk High ($ 380.00)
-8.55%
% From 50-Day MA ($ 30.14)
1053.15%
% From 200-Day MA ($ 12.50)
2681.05%
% From 52-Wk Low ($ 2.57)
9999.99%
52-Week Performance
8019.39%
Trading Volume - Today vs Avg
803.67%
Trading Volume - Today
90,574,160
Trading Volume - Average
11,270,000
Shares Float

Market Cap.

$ 35,539,847,700
% Owned by Insiders
2.48%
% Owned by Institutions

Exchange
NY
Record Date
2021-JanA




View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Game Stop????

LOLOLOLO



Short squeeze is going to take out lots of longs, too once those short shares are replaced/purchased to close those positions!


69.75M shares outstanding (available in the market). Today's total volume was 93.4M shares
Institutional Ownership  122.21%
Top 10 Institutions 78.61%
Mutual Fund Ownership 4,030.00%
Float 72.62%

And something like 139,000 call options (each contract for 100 shares) Friday expiration, at or below 320? That's gonna leave a mark...



Let me contribute.........................................$11-million shares are average trading volume

https://fintel.io/ss/us/gme

Security GME / GameStop Corp. (36467W109)
LEI 549300505KLOET039L77
Latest Market Date 2021-01-27
Short Volume 15,692,871
Market Volume 92,837,600
Short Volume Ratio 17%

____________________________
https://shortsqueeze.com/?symbol=GME&submit=Short+Quote

Gamestop Corporation

$ 347.51
GME
199.53
Short Squeeze Ranking™
view
Short Interest Ratio (Days To Cover)
6.3

Short Percent of Float
%
Short % Increase / Decrease
5 %
Short Interest (Shares Short)
71,200,000
Short Interest (Shares Short) - Prior
68,130,000
Daily Short Sale Volume
view
Daily Naked Short Selling List
view
% From 52-Wk High ($ 380.00)
-8.55%
% From 50-Day MA ($ 30.14)
1053.15%
% From 200-Day MA ($ 12.50)
2681.05%
% From 52-Wk Low ($ 2.57)
9999.99%
52-Week Performance
8019.39%
Trading Volume - Today vs Avg
803.67%
Trading Volume - Today
90,574,160
Trading Volume - Average
11,270,000
Shares Float

Market Cap.

$ 35,539,847,700
% Owned by Insiders
2.48%
% Owned by Institutions

Exchange
NY
Record Date
2021-JanA




This isn’t s a short squeeze. It’s a gamma squeeze.
Link Posted: 1/28/2021 12:52:50 AM EDT
[#18]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
View Quote

Attachment Attached File
Link Posted: 1/28/2021 12:53:22 AM EDT
[#19]
I love how everyone is crying foul when the same people getting squeezed have spent their careers doing the same thing to the average investor.
Link Posted: 1/28/2021 12:54:08 AM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I spoke with my youngest this afternoon.  (22)  She said a lot of her friends are all in on the GME, AMC action right now.  On one hand that is a good thing.  They are getting interested in "investing".  On the other hand I fear if they get their asses handed to them (which may happen) that they will be turned off on the whole concept of investing altogether.  I am not sure a lot of people understand the difference between investing and outright speculation.  Sure you can say they are closely tied concepts but I would hate to think that a bad experience would put people off the concept of long term investing.  And I appreciate the fact that a lot of apps have opened up investing to the "little guy" and that is a great thing but I don't think this current situation is a matter of access but more of a casino/bubble situation.  I guess we will see.
View Quote



Sir, this is a casino...
Link Posted: 1/28/2021 12:54:46 AM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I know that.  Been trading options for many years.  I was just saying I was commenting on investing from a general standpoint.  Not options specific.
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Quoted:


NO, options just add a "time" dimension to the "investment" equation.


I know that.  Been trading options for many years.  I was just saying I was commenting on investing from a general standpoint.  Not options specific.


I understand, but it's really always been a special "Vegas" for people that tend to be more finance/analytical, right?  

Oh, and statistical...much better odds of a profit
Link Posted: 1/28/2021 12:55:25 AM EDT
[#22]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I'm "up" 300% in a year...
View Quote

no you are not, not until you sell. That said, we saw a gamma stage and the short squeeze is yet to come. Friday is supposed to be the call day for those shorts, but what does that mean for us? I have no idea. This may take weeks of actual squeeze, but since we are a distrubuted mass our coordination is slow, there will be many sell offs and wild spikes. And there will be no official "end". If you need money, this is not for you. Get out.

not financial advice....i'm dumb, ignore me.
Link Posted: 1/28/2021 12:56:36 AM EDT
[#23]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

it exploded today.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
I'm trying to figure out how this GME squeeze could effect the broader market.  

If the shorts go broke, what other dominos may fall?  

Will confidence in the markets be shaken and people start selling due to the uncertainty?

Buying the VIX may be
a good play.

it exploded today.


Buy the VIX = buy VXX
Link Posted: 1/28/2021 12:56:56 AM EDT
[#24]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

no you are not, not until you sell. That said, we saw a gamma stage and the short squeeze is yet to come. Friday is supposed to be the call day for those shorts, but what does that mean for us? I have no idea. This may take weeks of actual squeeze, but since we are a distrubuted mass our coordination is slow, there will be many sell offs and wild spikes. And there will be no official "end". If you need money, this is not for you. Get out.

not financial advice....i'm dumb, ignore me.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:


I'm "up" 300% in a year...

no you are not, not until you sell. That said, we saw a gamma stage and the short squeeze is yet to come. Friday is supposed to be the call day for those shorts, but what does that mean for us? I have no idea. This may take weeks of actual squeeze, but since we are a distrubuted mass our coordination is slow, there will be many sell offs and wild spikes. And there will be no official "end". If you need money, this is not for you. Get out.

not financial advice....i'm dumb, ignore me.


 Hence, my quotes around the word up.
Link Posted: 1/28/2021 12:58:48 AM EDT
[#25]
HODL
Link Posted: 1/28/2021 12:59:15 AM EDT
[#26]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


The “completely legally” aspect of it may be a TBD.  I’m guessing we’re going to see the SEC floating some test cases from this on how far the market manipulation statutes reach.
View Quote


Maybe. How does the SEC regulate massive amount of people posting on an internet forum, twitter, and other social media the phase "I. Like. This. Stock."

LOL

I think it's perfect. It's weaponized free speech against the big dogs and market movers. Brilliant.
Link Posted: 1/28/2021 1:03:39 AM EDT
[#27]
Https://twitter.com/DonaldJTrumpJr/status/1354643375610322945



So this happened.....
Link Posted: 1/28/2021 1:05:29 AM EDT
[#28]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
[tweet]
Https://twitter.com/DonaldJTrumpJr/status/1354643375610322945
[/tweet]

So this happened.....
View Quote


More hilarity.  

The chaos is
Link Posted: 1/28/2021 1:06:15 AM EDT
[#29]
Link Posted: 1/28/2021 1:06:55 AM EDT
[#30]
I just dusted off my trading account and I am going to buy tomorrow.. IDGAF if I lose it all.
Link Posted: 1/28/2021 1:08:06 AM EDT
[#31]
Link Posted: 1/28/2021 1:10:31 AM EDT
[#32]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I just dusted off my trading account and I am going to buy tomorrow.. IDGAF if I lose it all.
View Quote


Don’t forget AMC it’s still low, good luck.
Link Posted: 1/28/2021 1:14:40 AM EDT
[#33]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
This isn’t s a short squeeze. It’s a gamma squeeze.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:
Game Stop????

LOLOLOLO



Short squeeze is going to take out lots of longs, too once those short shares are replaced/purchased to close those positions!


69.75M shares outstanding (available in the market). Today's total volume was 93.4M shares
Institutional Ownership  122.21%
Top 10 Institutions 78.61%
Mutual Fund Ownership 4,030.00%
Float 72.62%

And something like 139,000 call options (each contract for 100 shares) Friday expiration, at or below 320? That's gonna leave a mark...



Let me contribute.........................................$11-million shares are average trading volume

https://fintel.io/ss/us/gme

Security GME / GameStop Corp. (36467W109)
LEI 549300505KLOET039L77
Latest Market Date 2021-01-27
Short Volume 15,692,871
Market Volume 92,837,600
Short Volume Ratio 17%

____________________________
https://shortsqueeze.com/?symbol=GME&submit=Short+Quote

Gamestop Corporation

$ 347.51
GME
199.53
Short Squeeze Ranking™
view
Short Interest Ratio (Days To Cover)
6.3

Short Percent of Float
%
Short % Increase / Decrease
5 %
Short Interest (Shares Short)
71,200,000
Short Interest (Shares Short) - Prior
68,130,000
Daily Short Sale Volume
view
Daily Naked Short Selling List
view
% From 52-Wk High ($ 380.00)
-8.55%
% From 50-Day MA ($ 30.14)
1053.15%
% From 200-Day MA ($ 12.50)
2681.05%
% From 52-Wk Low ($ 2.57)
9999.99%
52-Week Performance
8019.39%
Trading Volume - Today vs Avg
803.67%
Trading Volume - Today
90,574,160
Trading Volume - Average
11,270,000
Shares Float

Market Cap.

$ 35,539,847,700
% Owned by Insiders
2.48%
% Owned by Institutions

Exchange
NY
Record Date
2021-JanA




This isn’t s a short squeeze. It’s a gamma squeeze.


aka a "long squeeze" caused by a shit load of out of "out of the money" options.  This case calls, not puts.  But the ideal candidate for this type of squeeze is a heavily shorted stock like GameStop. When forced short covering is also added to the mix, the positive feedback loop is fueled further.




Not going to end well.
Link Posted: 1/28/2021 1:19:29 AM EDT
[#34]
Hedgies right about now to the MSM and DC swamp: Remember how your campaign was funded last time? You want any more? Do something about those damn kids!

Bailouts for hedge funds and blackouts for you and me forthcoming once the checks clear....GME still at 140% short interest as of this post. Says they are either stupid or expect a helping hand to come to the rescue. This tune sounds familiar.
Link Posted: 1/28/2021 1:24:01 AM EDT
[#35]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


 I'm crying here.  Howling like a hyena.
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Quoted:


 I'm crying here.  Howling like a hyena.

Incredible
Link Posted: 1/28/2021 1:24:04 AM EDT
[#36]
Link Posted: 1/28/2021 1:25:27 AM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Don’t forget AMC it’s still low, good luck.
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Quoted:
Quoted:
I just dusted off my trading account and I am going to buy tomorrow.. IDGAF if I lose it all.


Don’t forget AMC it’s still low, good luck.


I bought shares in it too. Thanks.
Link Posted: 1/28/2021 1:25:38 AM EDT
[#38]
Link Posted: 1/28/2021 1:28:18 AM EDT
[#39]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I bought shares in it too. Thanks.
View Quote


why? chasing rainbows along with BB, they ain't over 100% shorted. You may be have been sold a "what's next" story.

not investment advice, at all.
Link Posted: 1/28/2021 1:30:40 AM EDT
[#40]
Damn doge is on a mission.
Link Posted: 1/28/2021 1:31:16 AM EDT
[#41]
Just got Robinhood and looking to play. What's the difference between buying now after hours or waiting until opening? Advantages/disadvantages?
Link Posted: 1/28/2021 1:31:30 AM EDT
[#42]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


why? chasing rainbows along with BB, they ain't over 100% shorted. You may be have been sold a "what's next" story.

not investment advice, at all.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:


I bought shares in it too. Thanks.


why? chasing rainbows along with BB, they ain't over 100% shorted. You may be have been sold a "what's next" story.

not investment advice, at all.



I like this stock.
Link Posted: 1/28/2021 1:33:50 AM EDT
[#43]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Just got Robinhood and looking to play. What's the difference between buying now after hours or waiting until opening? Advantages/disadvantages?
View Quote


I think early trading starts at 9am on Robinhood. If you place the order now it will go through when it opens.

Usually it will open high and dip but this is pretty unprecedented it could open and run up.

You grabbing AMC or GME?
Link Posted: 1/28/2021 1:36:27 AM EDT
[#44]
I may buy 1000 shares of BB just for the story
Link Posted: 1/28/2021 1:40:47 AM EDT
[#45]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Just got Robinhood and looking to play. What's the difference between buying now after hours or waiting until opening? Advantages/disadvantages?
View Quote

after hours is like futures, danger zone should be your theme song

not financial advice...just a music lover
Link Posted: 1/28/2021 1:41:16 AM EDT
[#46]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Damn doge is on a mission.
View Quote


Apparently they are on that now too.
Link Posted: 1/28/2021 1:41:26 AM EDT
[#47]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Damn doge is on a mission.
View Quote


Attachment Attached File
Link Posted: 1/28/2021 1:43:11 AM EDT
[#48]
Discussion ForumsJump to Quoted PostQuote History
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Quoted:
Quoted:
Damn doge is on a mission.


/media/mediaFiles/sharedAlbum/EgcB5I3-51.gif

Link Posted: 1/28/2021 1:43:45 AM EDT
[#49]
Apparently it's from that possibly.
Link Posted: 1/28/2021 1:46:07 AM EDT
[#50]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Honestly the whole saga has been fascinating to watch and quite telling. The sheer fear expressed yesterday and today about retail investors beating the wall street titans and boys club, completely legally, at their own game is hilarious.

The fact that a reporter asked the WH spokesperson today at the press briefing shows how much reach the big dogs have. 140% exposure is insane, lol.

View Quote



It won’t be long before the FBI and IRS swoop in and launch their investigations. They will push fear and intimidation where ever they can.
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