/biz/ - Business & Finance

>>26659534

>>26510102
It will. It is being short squeezed right now. What is happening now and what happened on friday was Gamma squeeze from OTM option buying. The squeeze hasn't begun yet estimated short intrest is still 70 million. 1k a share is a conservative target.

>>26447018
The shorts will be crushed with no mercy, GME will going to 1000 dollars is not a meme. People will remember what they did in this moment and will either remember it as the week they made it or the week they regret because if they had went all in on GME they would of made yet they did not so they rope out of regret. Its your choice anon. Do you go all in and feel comfy knowing your place in the GME citadel is secure? Or do you sit on sidelines scared of losing your pennies. Scared money makes no money. GME to Mars.

>>26447046
It will cost 1000 bucks anon. Its not cheap but no one said making it would be safe.

>GME can still go up right?
>GME can still go up right?
>GME can still go up right?
did you fucking morons listen to anyone at ALL when we were still discussing the play? just fucking hold and dont buy weekly options. fucking newfag idiots

>>23537292
it means coom

>>23161310
If the prophecy of coom actually comes into play there are gonna be posters posting pink wojaks about how they bought GME at $50+

>>23143444
13.49 was the close price today
I think it's just a mistake

>>23143424
honestly my plan at this point is just to HODL and watch the Short Interest data to time my exit. I made my bets almost 2 months ago before earnings.

You can always add on dips if you're feeling adventurous.

If you have really high risk tolerance you can buy some 10/9 OTM calls ($15 probably max) on any dip. Even if you lose (certainly possible) the delta hedge you force on MM will be delicious.
And if we do somehow hit $20 tomorrow they will print.
I still recommend against this however and will always stick to recommending Jan and April calls

>>23133348
yes that's exactly my point
The squeeze has ONLY J U S T B E G U N

>$14.78 AH
Holy shit my 1/15/21 15C are gonna be ITM by tomorrow morning aren't they?

>>22919694
https://moxreports.com/vw-infinity-squeeze/

The VW infinity squeeze seemed entirely counter intuitive at the time. And that is exactly the point. All infinity squeezes are the result of heavy over-shorting of shares which then become difficult or impossible to cover. Such aggressive over-shorting only occurs when the bear thesis against the fundamentals is conclusively strong and very well disseminated. In other words, stocks which appear to be the “best short ideas” are also the ones which often end up being most likely to see the most violent short squeezes.

At the peak of the Great Financial Crisis in October 2008, Volkswagen had been (rightfully) viewed as a high probability bankruptcy candidate. Even before the crisis, heavily indebted VW had already been struggling financially, and in the midst of a crisis, demand for new cars would surely plummet. Despite its troubled financials and business prospects, VW had reported several quarters of slightly better than expected earnings, leaving its share price surprisingly elevated at over €300. Combined, these factors made VW a seemingly very attractive short candidate as the financial crisis unfolded in 2008.

Porsche stated that they had:

“decided to make this announcement after it became clear that there are by far more short positions in the market than expected.”

Porsche added that:

“the disclosure should give so called short sellers – meaning financial institutions which have betted or are still betting on a falling share price in Volkswagen – the opportunity to settle their relevant positions without rush and without facing major risks.”

Despite the disarming choice of wording, the statement from Porsche had precisely the effect that anyone would have expected. The announcement triggered a mass panic for the exits by anyone who was short shares of VW.

>>22918167
Oh I agree with you anon. Don't sell the first day SI drops. It's over a week to cover atm. if it's a day to cover then I would start selling.

>>22918187
no one know what will be the "straw that broke the camels back", how could it be priced in? If you don't believe that such news would cause a pump just look at what Ryan's 13D filing last Monday AH did to the price last Tuesday

>>22918193
https://moxreports.com/vw-infinity-squeeze/
https://www.youtube.com/watch?v=gzSx6JlxLSI&feature=youtu.be&t=1h44m58s
Impossible to tell

>>22913134
>holding the bags at that point'
Bobo gets to hold the bag

>>22903386
>he doesnt know

>>22835045

can someone post the GME pasta please

>>22813629