/biz/ - Business & Finance

>>24405379
Catalyst for a s____ s______ you ignorant fool.

>>23491282
Yeah. The answer seems to be just controlling that risk by not getting to greedy. Be like someone who sold KODK at $22 on the tail end and just be happy about it.

>>23482751
yeah, but do you truly understand why it happened?

>>23326302
sell in chunks
put trailing stops in chunks, but trailing stops are going to useless when shit will jump up and down massively.
don't fall for the mindset that you have to sell all or nothing (unless you only have like 100 shares or something and you pay commission costs)

The only thing that is for certain with all past short squeezes (assuming GME even does this, shorts could just cover gradually instead of covering into an infinite squeeze) is that taking profit on the 1st day is the worst. Being a bit too late is still better than being too early, pic related

>>23203404
*peak until day 2 or day 3

though i definitely did start suspecting it wasn't a multi-day squeeze when afterhours on Thursday weren't pumping beyond +10%, oh well lesson learned

>>23151253
4/6

>>22819022
if people taking profits stop an infinite squeeze, it wasn't an infinite squeeze

the only problem is that these aren't retail short sellers so they'll probably just cover slowly over time rather than panic cover and squeeze. This might end up like OSTK rather than KODK

>>22738654
>How does an infinite squeeze work? How high would it go? Surely I couldn't just type $1000 per share in my sell order and get it filled?
wouldn't work because trade gets halted

KODK was capped at $60.00 because of the halt. No idea how the fuck these caps are decided though TLRY's squeeze was capped at a clean $300.00 unless that's just the charts not being able to represent it properly. Must be some circuit breaker but who knows what the rule is.

>>22719116
>>22719243
IIRC there's another squeeze that peaked for weeks.

>>22713812
Timing the spike is probably impossible, so I plan to sell after the spike. Look how long these things take to cool down. Just remember nobody ever got poor from taking profits early! Someone mentioned they plan to sell half at $12 and setting stop losses, someone said they're all out at $20. I'm able to sit in front of my charts all day so I would personally rather sell too late than too early, but if I'm heading out for the day I might set some profit exits between $12 and $25.
Circuit breakers might get in the way of selling at $75 even if it goes that high. Notice that APRN >>22713590
and KODK (pic related) spiked on open, but it looks like HTZ spiked right before close.

>>22676001
>I thought kodack went up because trump talked about it
so did I. Apparently it was free money all this time even if you jumped in on the 1st day.
People shorting KODK got royally fucked by what was basically a black swan event to them, Trump talking about it triggered a big enough spike to start a cascade of shorts being liquidated.

>>22651630
i am getting ahead of myself by assuming we'll get a short squeeze, but it doesn't hurt to me ready.

KODK's pattern. Also a terrible idea to sell to early, you still end up making more profit if you're late and miss the peak.

>>22568180
>>22568244
>>22568288
>>22568333
>>22568376
NGMI IYKIK
>>22307975

>>22543095
This is the kind of situation where it pumps more the more it pumps, just make sure you understand that you need to BAIL once it reaches Kodak-level spike. Maybe 2-3 days after the real spikes (as in +100% in one day). If a squeeze does happen (depending on what happens afterhours), you're better off selling late than too early.

This is just short burn, and yeah we might end up dipping back to $7 short-term but I can't tell the future so I'll just HODL depending on volume

Hey crypto retards. You want almost guaranteed 1000%+ gains with only -50% downside at the worst case scenario?
You have only tonight to read up on what the fuck a short squeeze is. There's an opportunity right now for a MASSIVE short squeeze and the more retards jump in to join the fun to get 1000%+ returns, the more likely the chance is for it to trigger.

Do your DD right fucking now into Gamestop stocks. People more retarded than YOU have been shorting this for the last 7 years, and after Gamestop did buybacks in 2019 reducing the amount of outstanding shares available, they kept shorting it like an idiot until the short % interest of the float is over fucking 100%. I'm not kidding, the short % is that high. The moment it starts cascading up with a positive catalyst, it'll end up like KODAK pic related.

if you're too lazy to do your own DD then just read the Gamestop shill on seekingalpha.
>https://seekingalpha.com/article/4372597-gamestop-short-squeeze-part-iii-atop-caldera

I'm shilling this crap because I want the short squeeze to happen earlier without having to rely on uncertain positive catalysts of Q2 and the double console release.
Fundamentals don't fucking matter for a short squeeze so don't even try to argue that gamestop is a shitty company because we all know. All that matters is that gamestop is not going bankrupt within 3 years because their balance sheet is actually ok especially after the CAREs act.

get to it you crypto retards.

>>22268332
KODK as well was a short squeeze out of nowhere. If I knew what I know now about how squeezes work, the 2nd day of the massive rally was almost inevitable because of the rest of the shorts having to cover, not sure if the spike in afterhours of the 1st day was really necessary for that even.