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Posted: 1/26/2021 5:26:04 PM EDT
[#1]
I was too chickenshit to stay in past $110. I hope all those autists go for the gold.
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Posted: 1/26/2021 5:27:45 PM EDT
[#2]
That was wild
I wonder what % short interest is left. Surely they wiped a bunch out. |
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Posted: 1/26/2021 5:28:56 PM EDT
[#3]
Quote HistoryQuoted: Papa Elon is here! Up another $16  Quote HistoryQuoted: Papa Elon is here! Up another $16 uh oh here comes the SEC investigation |
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Posted: 1/26/2021 5:30:29 PM EDT
[#4]
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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Posted: 1/26/2021 5:33:41 PM EDT
[#5]
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Posted: 1/26/2021 5:34:12 PM EDT
[#6]
Quote HistoryQuoted: 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. 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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Posted: 1/26/2021 5:35:46 PM EDT
[#7]
now testing $200
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Posted: 1/26/2021 5:36:14 PM EDT
[#8]
Let's see $200 before tomorrow's pre-market.
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Posted: 1/26/2021 5:37:00 PM EDT
[#9]
Melvin Capital has to have been margin called by now...
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Posted: 1/26/2021 5:37:29 PM EDT
[#10]
$200 didn't last long at all.
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Posted: 1/26/2021 5:38:17 PM EDT
[#11]
$215 AH
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Posted: 1/26/2021 5:38:17 PM EDT
[#12]
Quote HistoryQuoted: Let's see $200 before tomorrow's pre-market. At this rate it’ll be $300 in an hour. ETA, if it takes that long. |
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Posted: 1/26/2021 5:38:54 PM EDT
[#13]
Quote HistoryQuoted: At this rate it’ll be $300 in an hour. There have to be hedgies getting margin called as we speak |
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Posted: 1/26/2021 5:40:19 PM EDT
[#14]
This is the craziest thing I've ever seen. It's a financial boog.
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Posted: 1/26/2021 5:40:43 PM EDT
[#15]
Quote HistoryQuoted: uh oh here comes the SEC investigation I doubt he has any position. He for sure wants to stick a fork in the eyes of predatory short sellers though. |
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Posted: 1/26/2021 5:40:54 PM EDT
[#16]
DFV at $22.8million today
jesus |
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Posted: 1/26/2021 5:42:48 PM EDT
[#17]
Quote HistoryQuoted: DFV at $22.8million today jesus And that's gone up a boat load after hours |
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Posted: 1/26/2021 5:43:37 PM EDT
[#18]
this dude cash out yet?
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Posted: 1/26/2021 5:44:55 PM EDT
[#19]
Quote HistoryQuoted: This is the craziest thing I've ever seen. It's a financial boog. History is happening for sure |
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Posted: 1/26/2021 5:45:19 PM EDT
[#20]
Quote HistoryQuoted: this dude cash out yet? The shit doesn't hit the fan till Friday, it will be biblical. |
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Posted: 1/26/2021 5:45:21 PM EDT
[#21]
Quote HistoryQuoted: this dude cash out yet? I think they're all waiting for the shorts to cover. Then it's a race to cash out I guess. |
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Posted: 1/26/2021 5:46:23 PM EDT
[#22]
I read that if it closes above $115 on Friday shorts covering will drive it to $1000+...
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Posted: 1/26/2021 5:46:48 PM EDT
[#23]
221.00
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Posted: 1/26/2021 5:48:39 PM EDT
[#24]
Quote HistoryQuoted: I read that if it closes above $115 on Friday shorts covering will drive it to $1000+... So can you just buy one share or do you have to go the options route to get in? |
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Posted: 1/26/2021 5:50:07 PM EDT
[#25]
Quote HistoryThanks 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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Posted: 1/26/2021 5:52:39 PM EDT
[#26]
The active bot campaign trying to convince everyone to sell GME is hilarious. Obvious bot is obvious.
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Posted: 1/26/2021 5:53:21 PM EDT
[#27]
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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Posted: 1/26/2021 5:53:40 PM EDT
[#28]
so whats GME short interest at right now? still over 100%?
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Posted: 1/26/2021 5:56:24 PM EDT
[#29]
Quote HistoryQuoted: so whats GME short interest at right now? still over 100%? 138.40% of Float Shorted assuming it is up to date https://www.marketwatch.com/investing/stock/gme |
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Posted: 1/26/2021 5:57:57 PM EDT
[#30]
Quote HistoryQuoted: 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 
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Posted: 1/26/2021 6:04:33 PM EDT
[#31]
Quote HistoryQuoted: 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 |
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Posted: 1/26/2021 6:07:19 PM EDT
[#32]
It's now a meme mob fuck the system type movement.
225 atm |
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Posted: 1/26/2021 6:07:59 PM EDT
[#33]
Quote HistoryQuoted: I would have to think at some point people would stop holding and realize their gains Quote HistoryQuoted: 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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Posted: 1/26/2021 6:10:09 PM EDT
[#34]
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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Posted: 1/26/2021 6:13:17 PM EDT
[#35]
I pussed out at $120 today.
I might get back in tomorrow. |
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Posted: 1/26/2021 6:14:26 PM EDT
[#36]
So is or isn’t tonight the night to dump my life savings into this?
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Posted: 1/26/2021 6:15:46 PM EDT
[#37]
Diamond hands is right... with the float it’s impossible for shorts to cover.
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Posted: 1/26/2021 6:17:32 PM EDT
[#38]
Quote HistoryQuoted: 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 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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Posted: 1/26/2021 6:19:43 PM EDT
[#39]
I made a 50% trade today on GME. Kind if wish I just stayed in for the lulz.
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Posted: 1/26/2021 6:19:50 PM EDT
[#40]
Quote HistoryQuoted: 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 Quote HistoryQuoted: 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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Posted: 1/26/2021 6:23:44 PM EDT
[#41]
Does Citadel have another $2.75B to loan Melvin? If not...Elon just finished the shorts.
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Posted: 1/26/2021 6:24:33 PM EDT
[#42]
 Recognize his taste in artists? Couldn't be happening to a more deserving group, lol. |
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Posted: 1/26/2021 6:25:19 PM EDT
[#43]
Quote HistoryQuoted: At some point though, there will be bag holders... Of course... but with the stock still over 100% short that won’t be for a while if this momentum keeps up. Friday options expiration will be brutal apparently |
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Posted: 1/26/2021 6:25:41 PM EDT
[#44]
Quote HistoryQuoted: Does Citadel have another $2.75B to loan Melvin? If not...Elon just finished the shorts. Kinda sketchy for a market maker to be lending a fund who is trying to lower a share price by selling short... Melvin won’t be around for the SEC investigation though. |
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Posted: 1/26/2021 6:25:52 PM EDT
[#45]
I tossed a 150 at it.. let the chips fall where they may.
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Posted: 1/26/2021 6:32:28 PM EDT
[#46]
Bless my fuck.
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Posted: 1/26/2021 6:33:37 PM EDT
[#47]
$236 after hours
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Posted: 1/26/2021 6:46:35 PM EDT
[#48]
Quote HistoryQuoted: 138.40% of Float Shorted assuming it is up to date https://www.marketwatch.com/investing/stock/gme It's not just the short interest it's the fact institutions own over 100% of float. |
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Posted: 1/26/2021 6:55:58 PM EDT
[#49]
Quote HistoryQuoted: The shit doesn't hit the fan till Friday, it will be biblical. Quote HistoryQuoted: Quoted: this dude cash out yet? The shit doesn't hit the fan till Friday, it will be biblical. I keep seeing this being said. Why Friday? |
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Posted: 1/26/2021 6:56:43 PM EDT
[#50]
Quote HistoryQuoted: Their saying is diamond hands. They aren't selling till they starve the beast. RIP Melvin capital Quote HistoryQuoted: 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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