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Link Posted: 1/26/2021 3:40:58 PM EDT
[#1]
This made my week.
Link Posted: 1/26/2021 3:44:43 PM EDT
[#2]
Stock just hit $130.
Link Posted: 1/26/2021 3:47:50 PM EDT
[#3]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


So what's the guy's position worth currently?
View Quote
Probably $20-$25 million depending on what/if he closed today...
Link Posted: 1/26/2021 3:49:16 PM EDT
[#4]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Stock just hit $130.
View Quote
And Just like that 140
Link Posted: 1/26/2021 3:50:20 PM EDT
[#5]
Link Posted: 1/26/2021 3:50:54 PM EDT
[#6]
lol
Link Posted: 1/26/2021 3:51:30 PM EDT
[#7]
buddy netted $117k in 24 hours on GME.

I've asked him to send me screen shots when he does more of these.

Made out on Tesla and others due to WSB, he's saying Nokia and Blackberry are the next targets.
Link Posted: 1/26/2021 3:52:07 PM EDT
[#8]
Link Posted: 1/26/2021 3:53:57 PM EDT
[#9]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
buddy netted $117k in 24 hours on GME.

I've asked him to send me screen shots when he does more of these.

Made out on Tesla and others due to WSB, he's saying Nokia and Blackberry are the next targets.
View Quote


#takebackourbailouts
Link Posted: 1/26/2021 4:04:31 PM EDT
[#11]
The dips aren't lasting.

This is epic

Link Posted: 1/26/2021 4:09:55 PM EDT
[#12]
Attachment Attached File


It’s not about the money, it’s about sending a message
Link Posted: 1/26/2021 4:14:20 PM EDT
[#13]
Poor Melvin & Citadel lol.
Link Posted: 1/26/2021 4:17:26 PM EDT
[#14]
This whole thing is just too fucking hilarious.

The people doing this call themselves retards and use rainbows and bear emojis...
Link Posted: 1/26/2021 4:18:46 PM EDT
[#15]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Poor Melvin & Citadel lol.
View Quote



Link Posted: 1/26/2021 4:20:07 PM EDT
[#16]
I'm not in GME but I would like it to moon just to watch the hilarity.

I am in BB and would love for it to start taking off.
Link Posted: 1/26/2021 4:20:54 PM EDT
[#17]
Gamestop is a bubble waiting to burst. It is being run up by Reddit fans against institutional buyers selling short. At some point, someone is going to blink. The value just is not there.
Link Posted: 1/26/2021 4:24:42 PM EDT
[#18]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Gamestop is a bubble waiting to burst. It is being run up by Reddit fans against institutional buyers selling short. At some point, someone is going to blink. The value just is not there.
View Quote


to quote a poster on WSB "hold and we be riding in moon lambo's..."

Its not about the money but breaking PE
Link Posted: 1/26/2021 4:25:23 PM EDT
[#19]
https://old.reddit.com/r/wallstreetbets/comments/l5jwnj/melvin_is_down_another_25_on_gme/

These guys are so fucked. Check out my math:

As of Jan 22 2021 close, they were down 30%. They had 13.1 bn AUM as of Mar 2020 (assuming this doesn't change), that's a loss of $3.9 bn as of Jan 22 2021.
During this time, GME increased $46.95 (from $17.9 to $64.85). AKA for every $11.95 increase in GME price, Melvin loses $1bn.
GME price as I am writing this is $103.46. That means:

Since the $2.75bn bailout, Melvin has lost another $3.2 bn or 25%.
Keep the pressure coming. We are doing this! ????????????????

Edit: When $GME hits ~$175 it'll be game fucking over for Melvin. -100% loss. They can't restart.
View Quote


If those numbers are accurate and there is an EOD surge in price it could be over. GME is closing in on $150.00
Link Posted: 1/26/2021 4:28:49 PM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Gamestop is a bubble waiting to burst. It is being run up by Reddit fans against institutional buyers selling short. At some point, someone is going to blink. The value just is not there.
View Quote


Well that's an understatement of the year.  

I think most of the Reddit psychos know it but are counting on all the short sellers to cash them out as the buy to cover their positions.  I'm not sure if they figured out yet how high it needs to go for that to happen in earnest though.

I wish I could see the future because someone is going to make a killing betting on the burst.  I wanted to buy puts this morning even in the 90s but rightly feared the power of determined autists with Robinhood accounts.

I just can't see this going past this week.  However calls the top gets rich.
Link Posted: 1/26/2021 4:29:23 PM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
https://old.reddit.com/r/wallstreetbets/comments/l5jwnj/melvin_is_down_another_25_on_gme/



If those numbers are accurate and there is an EOD surge in price it could be over. GME is closing in on $150.00
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
https://old.reddit.com/r/wallstreetbets/comments/l5jwnj/melvin_is_down_another_25_on_gme/



If those numbers are accurate and there is an EOD surge in price it could be over. GME is closing in on $150.00


First reply in that thread:

This is me pressing f on the worlds smallest keyboard


Link Posted: 1/26/2021 4:37:09 PM EDT
[#22]
The Absolute Chaos of r/Wallstreetbets
Link Posted: 1/26/2021 4:37:38 PM EDT
[#23]
Assuming he hasn't sold off anymore calls, this is where he currently stands in calls alone at the tike of my post
Attachment Attached File

Link Posted: 1/26/2021 4:38:00 PM EDT
[#24]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
buddy netted $117k in 24 hours on GME.

I've asked him to send me screen shots when he does more of these.

Made out on Tesla and others due to WSB, he's saying Nokia and Blackberry are the next targets.
View Quote


I think Nokia is the better of the two.
Link Posted: 1/26/2021 4:39:10 PM EDT
[#25]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


to quote a poster on WSB "hold and we be riding in moon lambo's..."

Its not about the money but breaking PE
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Gamestop is a bubble waiting to burst. It is being run up by Reddit fans against institutional buyers selling short. At some point, someone is going to blink. The value just is not there.


to quote a poster on WSB "hold and we be riding in moon lambo's..."

Its not about the money but breaking PE


As someone pointed out,  this isn't about the money.

Link Posted: 1/26/2021 4:40:37 PM EDT
[#26]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
https://old.reddit.com/r/wallstreetbets/comments/l5jwnj/melvin_is_down_another_25_on_gme/



If those numbers are accurate and there is an EOD surge in price it could be over. GME is closing in on $150.00
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
https://old.reddit.com/r/wallstreetbets/comments/l5jwnj/melvin_is_down_another_25_on_gme/

These guys are so fucked. Check out my math:

As of Jan 22 2021 close, they were down 30%. They had 13.1 bn AUM as of Mar 2020 (assuming this doesn't change), that's a loss of $3.9 bn as of Jan 22 2021.
During this time, GME increased $46.95 (from $17.9 to $64.85). AKA for every $11.95 increase in GME price, Melvin loses $1bn.
GME price as I am writing this is $103.46. That means:

Since the $2.75bn bailout, Melvin has lost another $3.2 bn or 25%.
Keep the pressure coming. We are doing this! ????????????????

Edit: When $GME hits ~$175 it'll be game fucking over for Melvin. -100% loss. They can't restart.


If those numbers are accurate and there is an EOD surge in price it could be over. GME is closing in on $150.00


#ohwell
Link Posted: 1/26/2021 4:41:26 PM EDT
[#27]
shit, everyone on WSB says they are going to hold until it hit's $1000...

I thought it was dumb, and now I kinda want in haha.
Link Posted: 1/26/2021 4:47:06 PM EDT
[#28]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
shit, everyone on WSB says they are going to hold until it hit's $1000...

I thought it was dumb, and now I kinda want in haha.
View Quote


A reminder...

Link Posted: 1/26/2021 4:49:33 PM EDT
[#29]
I just priced going long on some puts, the premiums are insane, I'm not the only one assuming it will come down to earth soon. Who fucking knows. I'm not putting my money in it.
Link Posted: 1/26/2021 4:50:50 PM EDT
[#30]
This is fucking hilarious.
Link Posted: 1/26/2021 5:00:51 PM EDT
[#31]
Is everyone on WSB using robinhood to make all this happen?

Should I stay away from robinhood, or sign up to get in on BB or whatever else they try to squeeze?
Link Posted: 1/26/2021 5:01:13 PM EDT
[#32]
Closed at $147.98
Link Posted: 1/26/2021 5:06:15 PM EDT
[#33]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Is everyone on WSB using robinhood to make all this happen?

Should I stay away from robinhood, or sign up to get in on BB or whatever else they try to squeeze?
View Quote

I don't see how BB could squeeze, what makes Gamestop special is they over sold % of Float Shorted 138.40% of shares available.

If you use my referral code we both get free stock, it's a little but something. https://join.robinhood.com/johng-220a8618

*not investor advice and should be construed as investor advice.
Link Posted: 1/26/2021 5:10:21 PM EDT
[#34]
Explains it for non market people.

Why mainstream media's slander of wallstreetbets pisses me off regarding GME.

Link Posted: 1/26/2021 5:10:27 PM EDT
[#35]


What a boss. How does he not sell? I couldn't do it. I'd have been out.
Link Posted: 1/26/2021 5:11:41 PM EDT
[#36]
Link Posted: 1/26/2021 5:13:39 PM EDT
[#37]
$160
Link Posted: 1/26/2021 5:13:57 PM EDT
[#38]


HERE WE GOOO
Link Posted: 1/26/2021 5:14:49 PM EDT
[#39]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Closed at $147.98
View Quote

After Hours
Last Updated: Jan 26, 2021 at 4:14 p.m. EST Real time quote
$
163.55
Link Posted: 1/26/2021 5:15:22 PM EDT
[#40]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


HERE WE GOOO
View Quote


Papa Elon is here!

Up another $16
Link Posted: 1/26/2021 5:17:03 PM EDT
[#41]
$170
Link Posted: 1/26/2021 5:17:24 PM EDT
[#42]
Melvin Capital RN:

Turn Those Machines Back On!!! ::: Trading Places :::
Link Posted: 1/26/2021 5:18:16 PM EDT
[#43]
the volume after hours is crazy

177.82
29.84 20.16%
After Hours Volume: 1m
Link Posted: 1/26/2021 5:18:29 PM EDT
[#44]
$180
Link Posted: 1/26/2021 5:19:12 PM EDT
[#45]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
the volume after hours is crazy

177.82
29.84 20.16%
After Hours Volume: 1m
View Quote


There could be some hedgies getting liquidated as we speak
Link Posted: 1/26/2021 5:20:13 PM EDT
[#46]
d: Jan 26, 2021 at 4:20 p.m. EST Delayed quote
$
187.25
39.27 26.54%
After Hours Volume: 1.4m
Link Posted: 1/26/2021 5:20:27 PM EDT
[#47]
Wow. $186 and climbing..
Link Posted: 1/26/2021 5:21:31 PM EDT
[#48]
Link Posted: 1/26/2021 5:22:34 PM EDT
[#49]
This is amazing and this ride is only beginning
Link Posted: 1/26/2021 5:24:06 PM EDT
[#50]
pump and dump
Page / 70
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