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I was too chickenshit to stay in past $110. I hope all those autists go for the gold.
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That was wild
I wonder what % short interest is left. Surely they wiped a bunch out. |
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Quoted: Papa Elon is here! Up another $16 uh oh here comes the SEC investigation |
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The thing that all the press and bystanders (including a bunch in this thread) are missing is that there’s a strong argument FOR GameStop.
First off, Cohen is basically mini-Elon. He is 34, dad died recently, and he sold Chewy for 3.3 billion. It’s worth like 43 billion now? Guy beat Amazon at their own game, specifically e-commerce. He is legacy building, not your traditional activist investor. Let me pose a few scenarios for you. 1) GME announces they are selling x-amount of stock to fund the purchase of several small video game publishers, basically pulling a Netflix to be a content creator. 2) GME announces that they are launching a competitor to Steam, a video game e-store with direct downloads, pc parts, etc. They had what, 6 billion in revenue? Yeah, negative EPS but hell they have $400 mil in cash, and with all the publicity they can literally do anything right now. $10b valuation.... it’s actually not that insane and it’s a coin flip if it doubles again. It’s just speculation on the people involved and the upside in the industry. This could be mini-Tesla and everyone simply doesn’t get it. THAT is the reason DeepFuckingValue is still holding. I first read about GME on WSB in December and immediately bought 3k in stock and options in my Roth. Worth 40k now, still holding most of it. |
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Quoted: The thing that all the press and bystanders (including a bunch in this thread) are missing is that there’s a strong argument FOR GameStop. First off, Cohen is basically mini-Elon. He is 34, dad died recently, and he sold Chewy for 3.3 billion. It’s worth like 43 billion now? Guy beat Amazon at their own game, specifically e-commerce. He is legacy building, not your traditional activist investor. Let me pose a few scenarios for you. 1) GME announces they are selling x-amount of stock to fund the purchase of several small video game publishers, basically pulling a Netflix to be a content creator. 2) GME announces that they are launching a competitor to Steam, a video game e-store with direct downloads, pc parts, etc. They had what, 6 billion in revenue? Yeah, negative EPS but hell they have $400 mil in cash, and with all the publicity they can literally do anything right now. $10b valuation.... it’s actually not that insane and it’s a coin flip if it doubles again. It’s just speculation on the people involved and the upside in the industry. This could be mini-Tesla and everyone simply doesn’t get it. THAT is the reason DeepFuckingValue is still holding. I first read about GME on WSB in December and immediately bought 3k in stock and options in my Roth. Worth 40k now, still holding most of it. View Quote I bought a mouse from them at 4pm on a Friday and they Doordashed that shit to me in 2hrs, they are making changes that make them extremely viable in the current and future market. |
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This is the craziest thing I've ever seen. It's a financial boog.
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I read that if it closes above $115 on Friday shorts covering will drive it to $1000+...
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View Quote Thanks for sharing that. I think it's the best Youtube video I've ever seen. The creator took a difficult subject and broke it down Barney-style. |
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The active bot campaign trying to convince everyone to sell GME is hilarious. Obvious bot is obvious.
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147.98 USD +71.19 (92.71%)
Closed: Jan 26, 4:52 PM EST · Disclaimer After hours 216.44 +68.46 (46.26%) |
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Quoted: I would have to think at some point people would stop holding and realize their gains View Quote View All Quotes View All Quotes Quoted: Quoted: I read that if it closes above $115 on Friday shorts covering will drive it to $1000+... I would have to think at some point people would stop holding and realize their gains These people are absolute psychos. Love it. |
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Guys it's not a "pump and dump" scheme by reddit. Some hedge funds need to purchase Gamestop shares to cover their excessive short positions (because they are both greedy and stupid), but there literally are not enough shares to go around.
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So is or isn’t tonight the night to dump my life savings into this?
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Diamond hands is right... with the float it’s impossible for shorts to cover.
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Quoted: So can you just buy one share or do you have to go the options route to get in? View Quote You can buy shares, never messed with options myself. I got 7 @ $93 for the lolz and as a “fuck you” to Wall St Shorts will eventually have to buy shares to cover their bad bets which creates a feedback loop causing share price to skyrocket Holding to $1000+, burn it all down ETA: got in on AMC and NOK today as well. 2.4 million on autists on r/wallstreetbets have a lot of ammo apparently |
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I made a 50% trade today on GME. Kind if wish I just stayed in for the lulz.
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Quoted: You can buy shares, never messed with options myself. I got 7 @ $93 for the lolz and as a “fuck you” to Wall St Shorts will eventually have to buy shares to cover their bad bets which creates a feedback loop causing share price to skyrocket Holding to $1000+, burn it all down View Quote View All Quotes View All Quotes Quoted: Quoted: So can you just buy one share or do you have to go the options route to get in? You can buy shares, never messed with options myself. I got 7 @ $93 for the lolz and as a “fuck you” to Wall St Shorts will eventually have to buy shares to cover their bad bets which creates a feedback loop causing share price to skyrocket Holding to $1000+, burn it all down At some point though, there will be bag holders... |
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Does Citadel have another $2.75B to loan Melvin? If not...Elon just finished the shorts.
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Quoted: Their saying is diamond hands. They aren't selling till they starve the beast. RIP Melvin capital View Quote View All Quotes View All Quotes Quoted: Quoted: I would have to think at some point people would stop holding and realize their gains Their saying is diamond hands. They aren't selling till they starve the beast. RIP Melvin capital Not about the gains, but the message. |
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