/biz/ - Business & Finance

MASSIVE gap up incoming monday hope you are ready lads

>>22819695
tfw no qt office milf gf

DOUBLE
TRIPPLE
TOP

so if the consoles release by november 11, the actual earnings dont get released until what, mid december so I have to wait until then, right?

i wonder if anons will still be in denial when GME hits $15
gamestop is in a much better position to pivot than either blockbuster or netflix was

>>22819763
For me it's more a triple double top

I feel bad for everyone pushing GME on here to noobies. You know full well we could all be bagholders, especially considering economic situation the states are in. It's a dying business on life support with a new console cycle. AMZN just released their own gaming service.

We are up against huge institutions that can drop millions like they're peanuts to keep GME in single digits forever. They have deeper pockets and can wait years if that's what it takes. They are thinking GME will go bankrupt after this console cycle and it very well may. Already closed 600 stores. Cohen is a last ditch effort, plus he's already made 2x his money. Burry already took profits and bailed. If you got in at 4 or 6 congrats, you 2x your money. Everyone else...

All aboard the sinking ship!

>People are lining up around the block?
>NeXt BlOcKbUsTeR cOnFiRmEd!

>>22819763
I don't get it.
Double triple implies 6 peaks, but there are like 8 in this image.
Someone circle the thing I should be looking at, apparently I'm retarded.

>>22819424
>>22819795
Seething shorts!

>>22819778
Q3 (December) will be a coinflip, the price would have rallied up hard by then that it will probably dump due to inflated expectations, unless they do share buybacks plus have a good guidance for Q4 (March 2021)

hopefully we don't have to hold through Q3 though. I'm going to take profits bit by bit as it goes up past $20. An infinite squeeze is not guaranteed.

>>22819802
$20k in Apple, $20k in Microsoft. I'm happy

>>22818165
Am I going to be okay? Are those puts or calls?

>>22819802
thats a photo of Apple

So let's say GME hits $100-120 and people get thousands of profits

What next? I have been discussing them only so I don't know about other stocks

I cashed out of crypto I am ready to buy stonks

Should I buy 1k gme?

>>22819875
gme is not going to hit 100

>>22819795
>burry taking profits
lol there's no way
he understands more than anyone what value is

Seeing GME bears copy pasting bLoCkBuStEr type non-arguments like /pol/ shills is the most bullish sign I've ever seen.

>>22819860
Yes, yes it is.

>>22819795
Absolute cope.
Get fucked short.

>>22819875
>So let's say GME hits $100-120 and people get thousands of profits
it won't. the money has already been made. you missed out.
read this
>>22819795

>>22819795
Nice pasta. That's bullish for GME.

the year is 2021, the last short seller is rounded up and taken to a GME prison camp near by

>>22819891
all in on GME immeditaely

>>22819891
Fuck me anon you already made it

>>22819900
God damn its like crypto all over again.
They're so fucken desperate they shill their fucken ideas on a fucken mongolian image board. They're doing the same thing on ever investing forum as we speak. Every single one. They all have no arguments and its almost copy pasta levels of reposting.

Bullish af

>>22819875
In that scenario, GME becomes the new global currency. GameStop credits will be required to buy food. Mint condition unopened PS2 games will trade-in for a pallet of rice. You will be able to buy a barrel of oil with old Halo game disks.

Loving GME. What does smg think about U right now? I missed the Unity pump since the IPO.

Man, I love anime office grils

>>22819809
there's a double top, then a triple top

>>22819875
As far as a similar play? maybe DDS or BBBY. But their short int % is not nearly as high. But who knows. lets see how GME plays out
SPCE has significant short int % as well

>>22819789
>>22819809
Double Triple Top Explained !!

>>22819891
more shares short than there are outstanding shares

>>22819969
lol ty kneepad fren.

>>22819786
I will never understand this retarded "BUT BLOCKBUSTER" comparison.
You still need the new console to play the new games.
You still need to buy a physical item that costs hundreds of dollars first before you can even reap the benefits of digital only.
Nobody gives a shit about GameStop's future 2 or 3 years from now. Everybody with a brain can see that the console sales is what's going to drive up the stock price.

>BUT AMAZON, WALMART
Idiots underestimating the power of CONSOOOOOM.
Casuals will not wait for a store to get more stock of something.
They want the new thing now, even if it means GameStop.
Every retailer will see gains from the new console launch, but only GME will be the most noticeable because they deal exclusively with this form of entertainment.

>>22819910
Every new console release GME price has historically risen to about $50/share in the following year
And that is without a short squeeze

>>22819972
There are more shares shorted than there are stars in the universe

>>22819969
That second one is more of a double bottom, no?

>>22819778
Buy the rumor, sell the news

>>22819999
>Every oil supply tightening NAT price has historically risen to about $1000/share in the following quarter
>And that is without saudi oil wars

>>22819910
Suck my long dick FAGGOT

>>22819998
it will go like this: new consoles come out, gme sells out for a few days, gets shipments, sells out, repeat for a few weeks. people start going to other retail stores. after 3 months, nobody goes back to gamestop for 10 years until the next consoles come out. this is a PnD for an event of a century.

>>22819998
> you still need a dvd player to watch movies

What year it is?

>>22819972
People are betting that gme will fail?
These are the top stocks I'm thinking of buying assuming that people will lose their jobs and need to use Zillow and trade desk

>>22819752
Based Beyond Belief. Another gap up on Wednesday when Trump destroys Biden in the debate

What happened to that Korean CEO who wanted to turn every Gamestop into a gaming cafe?

>>22819839
>>22819899
The proof is in the previous thread. Some anon posted screencap proof
>>22819916
>>22819901

>no argument against any of my points
>just replies with memes

whatever. if i can save some newbies its worth it. just google GME right now look on motley fool.

>>22820049
>video games are the same as streaming video
How's that Google Stadia working for ya?

In fact, it is best to long potential altcoins during the silent time so one can profit more when the hype is up on the particular coin/token and that's more reason I am bagging $CKB and $UNI.
You may also want check these projects out.

>>22820068
DKNG looks overbought. sports ratings taking a massive hit and the middle-class that play those games have lost a lot of discretionary income.

Bulls to bears right now

>>22819951

>>22819900
I wish that killing myself would cause to reincarnate backwards in time so I could go see Jaws in theaters and drink pre-1991 Pepsi.

>>22820047
at least 50 million regular customers on their rewards system which is actually decent

do your DD first on what actually happens with a new console cycle instead of making up what you think will happen. This has happened twice already in the past, it's a fucking cyclical company except now there's a chance they won't decline as bad as they did in between from terrible management

im done who gives a shit if you retards stay poor. I already made my bet and I'm fucking winning because of it

>>22820125
XBox Game Pass is perfect, thanks

>>22820122
>look on motley fool.

>>22820128
I was thinking that football season is coming so people will bet during that time, also when people lose their jobs they want to gamble. I'm betting on the failure of mankind. I don't play video games but I know consumers want the best graphics card every year

Is there any chance of a GME dip still? Was this is?

>>22820122
>motley fool
Anon what the fuck are you doing right now

>>22820184
Of course. It will dip back to 6 once console hype dies.

i've been burned too many times to go all in with my savings on GME so i'm just gonna hold my 20 stocks and regret not going all in and becoming a millionaire later.
pleasure riding with you gentlemen

>>22820148
i hope you are right anon. i want to see everybody make it. namaste

>>22820122
>no argument against any of my points
Careful you don't burn down the whole building with all that projection.

>>22820184
GME will never be below one gorillion doll hairs again

>>22819789
same. gonna be a long crab

>>22820197
he's probably the guy who wrote the article for them in the first place ecksdeeeee

>>22820202
Oh good, you'll be able to cover your short for only a a $2 loss.

Before you account for all that interest, of course.
https://iborrowdesk.com/report/GME

I've engaged in unprotected coitus with several homosexuals during COVID. You would not believe the amount of underground clubs that sprung up during this pandemic, it's like our own modern day prohibition period lol. I'm pedophil now..

>>22820184
it's been going up almost $1 up and down every day.

Imagine GME is like AMD went up from $60 to $100 in less than a month, and it's moving up and down $10. That's how volatile it is.

>>22820122
If that's how you feel don't buy in. Also don't pretend you give a shit about newbies.

>>22820166
>still needs a console
And before you say it's on PC too, keep in mind most people aren't into PC gaming. If they were PlayStation and Xbox wouldn't' even exists and Nintendo would be struggling.
Face it: normalfags love consoles. GameStop's success banks of selling consoles, and we're about to enter a new console gen.

I'd be so much better off if I just dumped all my money in SPY or VOO for the past 2 years instead of larping as a wolf of wallstreet character. I'm holding so many bags that I simply can't dump.

>>22820254
That's the thing I don't get: how can the interest be that ridiculously high on shorts? Like, at those rates it doesn't seem like they'd ever be able to make money. Do bears truly never get to cook?

>>22820297
dont worry i bought in. bought puts that is :^)

$1k in $ETH, $4k in $CKB. I'm joyful
Only the crypto experts can relate.

>>22820297
newbies arent going to do anything sophisticated anyway. nobody wants to explain hedging 10x a day to mental midgets

>>22820300
Nintendo games are exclusive to their systems, PS and Xbox games are not

>>22820305
I bet the stock market movies have lost normies more money than they even grossed in revenue.

Margin Fuck.

Too diversified or not enough? Not enough cash or too much?

I went full bobo please pray for me

>>22820305
It's not too late. Rip the bandage off now. Time in the market beats timing the market.

>Technically, a triple top pattern shows is that the price is unable to penetrate the area of the peaks.
> Translated into real-life events, it means that, after multiple attempts, the asset is unable to find many buyers in that price range.
> As the price falls, it puts pressure on all those traders who bought during the pattern to start selling.
> If the price can't rise above resistance there is limited profit potential in holding onto it.
> As the price falls below the swing lows of the pattern, selling may escalate as former buyers exit losing long positions and new traders jump into short positions.
> This is the psychology of the pattern, and what helps fuel the selloff after the pattern completes.

>>22820317
They made a big mistake. You ever hear about hedge funds not actually outperforming the index most of the time? Here you go. Then they cheat with naked shorts and paid FUD on Fool and even here, you can tell because of how inorganic it sounds and how empty their arguments are.
I don't recommend buying in at $10 by the way, your downside would be a lot higher than mine\ at this point.

>>22820326
Best of luck to you. Coom cat will be smugly waiting for you at the bottom.

>>22820300
gamestop is going to start digging into computer parts too, add that on top of their customer base and decent rewards/incentives then they can definitely eat up sales from Bestbuy and Amazon.

amazon is so fucking shit to search through, and Cohen knows his shit so it won't be that hard to build out an e-commerce niche against amazon.

im just in it for the massive short burn or squeeze though. I'll buy back with a smaller portion afterwards if Cohen really ends up being the Lisa Su of gamestop

>>22820305
If I did that I'd be up only 10%....since I started playing with stocks. That's also assuming I didn't panic sell which likely would've a lot more likely than now.

>>22820305
Unironically yes. This is the part of the movie where the Robinhood Traders realize that it isn't always a Golden Bull Run, and it's not as easy to make money as they thought. Remember all the people on here who thought that 30% gain per year was the low-end of being a decent trader? There is a reason 99% of people make more money just buy and holding while DCAing consistently. S&P500 outperforms 80% of investors and traders

>>22820404
oh yeah gamestop. way more trust built with them than newegg and amazon right over the past 2 decades ?

>>22820360
100% GME

>>22820338
every multiplatform release favors consoles because thats where the money is. COD devs stopped giving a shit about PC since MW2 at the latest

>>22820184
10.17 aftermarket son, you might get another chance at <10. Or maybe you won't.

>>22820317
see this for good read on the market maker mentality
>https://tickerjunkie.com/market-maker-speaks-ways-market-maker/

>>22820404
I just bought a t-shirt via prime shipping and it took a fucking week to get here instead of 2 days. Amazon is starting to slip.

>>22820360
too much tsla

>>22820360
wtf is with your TSLA holding. You talking about cash when you have that much TSLA.

If you care about diversification, why TSLA?

>>22820404
do they sell game keys for console and PC too? They should try to take a bite out of steam/Epic's pie

>>22820425
based

GME DOWN TO 9.98 WE GOT TOO COCKY SELL NOW

>>22820443
9.98 on my broker :^)

cant wait for MM to dump on the $10 bagholders in the morning

>>22820463
if you're not retarded and bought TSLA a month or so before the split you'd still be sitting on comfy profits.

Why didn't you buy Corsair anon?

>>22820495
because im saving my stash for palantir retard

>>22820488
>MM will dump on your for no reason
See, 100% pure projection. >>22820217

>>22820458
Starting? Dude unless you know exactly what brand to shop for you will end up with cheap china shit 90% of the time you order from Amazon. I don't even use it anymore unless I am shopping for a very specific thing.

>>22820437
amazon is shit and you fucking know it. you try searching up for shit on it.
Newegg is valid, but ultimately too unknown for retard casuals.
what you forget is that they don't have to win the entire market, they only have to increase their ecommerce revenue to $500 million (currently $200 million) and suddenly they're going to be worth a $1 billion company at least.

This shit is far more lucrative than pet food, and CHWY manages to be worth 20 billion on ~1.5 billion revenue quarterly since it's entirely e-commerce.

>>22820404
Well when you put it like that... I hated GME for awhile based off bad experience and others bad experience and thought they would go bankrupt. But now that I’ve got bags I will buy all my vidya related stuff from there

>>22820404
>B550-F
Bullish for AMD

>>22820494
That's what I did? WHY ARE U HOLDING IT NOW THOUGH?

>>22820539
how do yall have bad experiances? they always bought my dead ps3s and ps2s

Please SHLL go fucking down over the weekend
Stupid fucks had to pump it today of all days

I've never seen so many paid shills hating on a fucken stock. It is so inorganic. Who are you people?
You have to go back.
GME is going to blow your masters the fuck out, deal with it.

>>22820458
they dont offer same-day delivery for any vidya shit either, that's why gamestop's ecommerce shot up through corona since they actually still offer that (i don't believe it's free though).

Bestbuy is honestly better than amazon too. Gamestop's real competitor is Bestbuy, not even newegg.

>TAfags have infested /smg/
>market >>>>>>>>psychology

Bought my first futures contract.

>>22820572
I have social anxiety and the fact that I knew they would pressure me into preordering games at checkout always made me avoid them.

how do i stop laughing at stocktwits copers?

>>22820572
Employees trying hard to shill stuff to you that you don't need because they're forced to

>>22820572
Maybe it’s because I always go to the shitty gamestop in the bad neighborhood.

>>22820484
they do but they're not really leveraging their brand identity properly for that.
They could try to do better but I think they should just work on the basics first, keep their customer base happy. The PS5 is both good and fucking terrible for gamestop right now, having 30 people line up outside your store only for 5 fucking people to get a preorder is fucking terrible for keeping your customers happy. That's what I'm worried about, but the double console hype is overshadowing that so far.

>>22820615
These can't be real people, it has to be part of the P&D exit scheme..
right?? right??

Where can you go to find a “rundown” on a stock.
Seems like everything is always autistic numbers or autistic people screeching on forums.
Like if i wanted a rundown on whats going on with Ford as an example. Where do you go? Do you just go on Youtube and sift through vids? Anyone on YT tolerable to listen to? i know jordan belfort is pretty based but doesnt talk to much specifics about lots of stocks

>>22820601
ah yeah i know what you mean. they dont enjoy asking either

>>22820615
why would you stop

>>22819763

Thats kind of bearish

Look ay the volume candles

It indicates air being let out slowly

>>22820535
>far more lucrative than pet food
nah. they have subscription service and pet food can easily run several hundred a month. thats thousands per year pets need to fucking live.

versus... a vidya gaem console you buy once and use for 5 years. not a necessity.

>>22820620
yeah that's really fucking shitty, but Cohen's philosophy with CHWY is more like you have the customer ask for the service rather than trying to shill them with pop-ups every single time according to his interviews.

Ryan Cohen seriously needs to become the CEO or buyout GME entirely before the current damages it further. Their handling of covid lockdown was absolutely fucking terrible. Employee morale has never been worse.

>>22820663
>Anyone on YT tolerable to listen to?
Highly subjective. I have personally found that, because money is inherently involved, they are always trying to sell you something. 90% of the time the video starts with a promise that you can make money and ends with a sales pitch for their program. Sadly, doing your own research is the only strategy.

>>22820555
I bought my last TSLA on July 24th. I'm only holding the first 4 I bought (now 20) for the memes. I've taken enough gains from that coaster to not care if it crashes to zero now.

>>22819891
at this point do the divvie meme and retire on them dawg. you made it

if you feel like it throw like 30k on us GME bros though, we appreciate it

>>22820651
>>22820667
i need to do work but its just too funny..

WTF BROS I THOUGHT WE WE SUPPOSED TO CRASH AGAIN

>>22820615
you know, im *almost* starting to feel guilty that I sold SUNW to someone at the top

who the fuck are these idiots playing a pump intraday anyways

>>22820438
I have some, position is tiny though.

>>22820461
It'd be a smaller amount had I not decided to wait longer after the dump.

>>22820463
For purposes of writing covered calls. I mention cash cause I'm still terrified of a market crash. But being terrified has only led me to staying frozen in making a move and missing out on gains. Ignore the diversification question. Realistically I want no more than 10 different stock tickers in my portfolio. Have 4 but 2 are temporary as I'm only really playing two of the hiddens ones for a profit should things go well for them. Any sectors in particular I should get in on assuming the only ones I keep are
>REIT: NYMT
>TECH (aka meme): TSLA

>>22819891
DIV will give you 8-12% annually, and pays you every month. Comfy.

>>22820539
This. Now that I hold stock, everything video game related for me is gamestop from now on lol. Makes me want to pre-order an xbox X . I haven't had a console since Xbox360, but I am wanting one for Starfield and ES VI. Been mostly PC but now the GME picking up PC stuff, it will get a second shot from me there too (Although desu some of my loyalty lies with a local joint, memory express)

Thanks for reading my blogpost.
tl;dr I used to use game stop, switched to PC, gonna use some GME winnings to buy a new console from GME.

>>22820685
that's a good point
I was thinking more that fulfillment centers would be much easier to make profitable than lugging around bulky pet food.

Gamestop has those $5 off monthly credit to try and incentivize their powerup rewards members to keep buying regularly at least.

GME looking bullish

You guys bought IPOB right?

>>22820815
>LOOK AT ME DRAW LINES TO TELL THE FUTURE
k

>>22820704
Ameritrade gives pretty good stuff for stocks like market watch etc. but it sucks there is no place for “organic” rundowns on stocks.

>>22819763
Also double head and shoulder on the last part

>>22819763
Nice Bear flag

>>22819795
I’ll take my first tranch of GME off at $50

>>22820615
>People don't leave P&Ds within 24 hours and never think about the ticker again
Bruh I learned that in like my first few trades.

>>22820129
You mean bears to bulls right anon?

>>22820488
>cant wait for MM to dump on the $10 bagholders in the morning

what are they going to dump?
This stock has already been naked shorted for a week straight. Confirmed short interest for 9/15 was 66.4M. Ortex's estimated short interest as of today is over 70M. there are only 65M shares in existence. The public float is 48M

I repeat: what can they dooomp? Not to mention 70% of shorts have a cost basis around $7

>>22820927
What even are these arbitrary retarded ass meme lines

>>22820896
>last 10 minutes on a friday of big gains is a bear flag

>>22820962
Holy heck shorties on suicide watch

>>22820862
Best bet for something close to that would probably be CNBC. It will at least not try to shill you on a stock just because they are holding bags. Honestly, the only people you can trust are those who have no money on the line.

>>22820360

Too much Boomer cash.

REMINDER THAT YOU CAN ALWAYS GET GAINZ ON THE WEEKEND /SMG/
STRONG BODY = STRONG MIND
YOU GOTTA SCOOP UNTIL YOUR KIDNEYS FAIL

>>22820974
fibonacci but hes not using them correctly

>>22820615
>3k shares at $6.79
>price is $1.97

my fucking sides what posses people to do this

this guy is down $15,000 and still optimistic

>>22820962
they will borrow at 200% and hold while selling calls for the next ten years obviously, theyre too smart for us

>>22820778
Exact same story. If I get the GME coom they're getting all my business from now on. gonna immediately buy a Switch Lite

>>22820999
What’s the correct method then sir on the long term chart? Genuinely asking as the levels line up perfectly

What time is the deadline for today's options?

>>22821031
Draw from a local bottom to a local top. You can use fib trend extension to analyze beyond that point.

>>22821002
how the fuck do these idiots have so much money to just burn

give me that money and let me put it in GME instead

>>22820454
>ticker
Damn that’s a great fucking article. I feel like I just got redpilled

>>22820184
There could be dips, but they're probably caused by naked shorts.

>>22820962
>thinking the shorts didnt hedge
oh sweet summer child. have you not noticed the obvious manipulation going on? they can dump the whole thing any time they want. they are slowly containing it for now.

you are up against blackrock who has 5b+ to play with. they could buy GME 10 times over.

https://www.fool.com/investing/2020/09/25/should-you-avoid-gamestop-no-matter-how-good-the-p/

>>22821018
They did that already. All of last weak
We've been on the threshold securities list for 3 days now, which means theres been naked shorting of atleast 325,000 shares per day for 8 days. We had 2 massive red days after the Cohen poomp on monday, all of which was with fake naked short sell pressure.

And yet we ended today with $9 and $10 9/25 calls ITM

My XOM is down fucking 20%

wat do? Meh i will hodl anyways

>>22821002
Imagine being so dumb, that you don't realise we have been in a bear market for over a year!. Even with all the money pumping in from the Fed, we are still down! Holy shit. Anyone buying now is gonna be bag holding for the next 10-15 years

CBATanon, please come back

>>22821093
hedge with what exactly? there aren't enough open interest to hedge all outstanding shares
not to mention how fucking retarded that would be to start hedging compared to just cutting your losses

>>22821031
eg

>>22821099
every fucking day I see XOM and I'm tempted to burn 1k on it

>>22821093
>didn't hedge
there isn't enough options volume for them to be hedged.

All of the doubling down of this week failed as of today's heroic struggle over $10. The only hope for shorts at this point is a something causing a massive panic sell-off. Which explains you I guess

>>22821094
What's up with the list? I thought they have to cover or something after 5 days

>>22821118
>10-15 years
> Bear Market forever

Just wait until inflation, the Feds money is being cock blocked until after the election. Banks aren't' lending.

Ain't gonna be no 10-15 year bear market, and if there is. Help the World my God lmao.

surely there isn't anyone retarded enough to short GME in this thread after DD has been shilled for almost a month

>>22821158
Honestly man, that fight for $10 was insane. I've never seen smg so invested in something.

>>22820615
Sunk cost fallacy just like gnus

>>22821074
Im drawing retrace not extension. I specifically picked thar area as it’s a bottom since we closed the gold standard and entered into the fed kensian system.

Fuck it Im gonna hold SQQQ over the weekend. I just want to get out of this position. I'd rather wait in cash for a confirmed direction than this crabbing bullshit.

>>22821093

Manipulation now and forever.

>>22821170
technically if they skate the rules a bit MM have an absolute maximum of 13 days to cover

Go look at the options volume for the 2nd week of october ;)

what's going on with GME after market? it seems to be different everywhere

>>22820615
holy shit

>>22821235
GME is buying out Apple

>>22821235
plans to pivot to the EV market

>>22821093
Using game of thrones phrases, dude please

What's the point of TQQQ if TSLA is just TQQQ on steroids?

>>22821235
They're about to announce FDA approval for a new vaccine candidate bro

>>22821235
All those stores they were planning on closing this year and next mysteriously burned down, so they'll be able to collect the insurance on em all

>>22821235
GME will make anime real.

>>22821093
>summer child
show us your daenerys tattoo u gay faggot

>>22821118

Imagine being so dumb that you forget the index fund pays a dividend.

>>22821315
>>22821336
Big if true

>>22820998
I go M W F but want to skip today so I can play new L4D2 update with frens. I'll be too lazy to go on the weekend.. wat do

Hey /biz/ am I gonna make it? This is what I'm holding right now

>UPS 7 shares
>ETSY 6 shares
>FDX 3 shares
>FNGU 3 shares
>TSM 12 shares

Looking for commodities to hold this winter since LL and NAIL have been shitting the bed lately. Also looking for other solid stuff outside of shipping companies and tech

YOU SAID IT WAS GOING TO DROP I WANTED TO BUY A BUNCH BUT IT KEPT GOING UP NOW IT'S TOO LATE FOR LIKE 4 DAYS AND BY THEN WE'LL HAVE A FUCKING VACCINE OR SOMETHING.

>QQQ dripping AH
i hope it hits 270 so my puts are itm

>>22821147
I’m tempted to DCA in
Maybe it finally bottomed. But with corona memes you just don’t know

>>22821399
Never listen to /smg/ or anyone else
Every man must decide for himself

>>22820326
Prove it faggot

>>22821235
GME shitcoins are the new store of weatlh. Goes up with DXY more often than not

>>22819695
Why isn’t nkla a penny stock already

>200 shares GME average 9.72
>Buy 2 puts
>Tfw actually using puts for their intended purpose

I DONT WANNA WAIT FOR THE MARKET TO OPEN MONDAY REEEEEEEEE

WHY ISNT GME UPDATING?!

What is a guaranteed 2-3x

I’m red on FAGMAN after DCAing all August but I’m up on NET and NVDA

>>22819695
Holy shit.
The GME shorts are absolute madmen
Short volume UP today compared to yesterdays doomp

>>22821374
too diversified with no money pick your favorite stonk and go all in

>>22821596
do they know something we don’t

>>22821596
What the fuck

>>22821596
i don't think that site's estimates are accurate, today was apparently safe from short sellers due to uptick rule

>>22821521

Congrats on your adulting

>>22821578
not quite 2x buy BLNK is the FUTURE

>>22821596
Shorts are just degenerate gamblers at this point just doubling down blindly

>>22821628
uptick rule just means shorts have to short on an uptick (i.e. they can't sell short until the price goes up from the previous fulfilled order) not that they can't short at all

>>22821626
>>22821627
>do they know something we don’t
I have no idea. I think they're desperate

>>22821688
this rule

>The short-sale rule or SSR, is also known as the alternative uptick rule or SEC rule 201. The SSR restricts short-sales on a stock that has declined in price by 10 percent or more from the previous day's close. Once triggered, the SSR remains in effect until the end of the following trading day.

>>22821596
https://squeezemetrics.com/monitor

>>22821596
The intern hasn't turned off the algos.

Serious question. How many times do I have to coom this weekend to sacrifice enough cummies for coom cat to be satisfied and pump GME on Monday?

>>22821578
Rkt

>>22821596
Probably people like >>22819795 who are high on copium.

>>22821596
>Contrary to popular opinion, MM usually Do Not Cover in Fast moving markets either Up or Down if they are short. They Short More. They usually try to cover after the frenzy is out of the market.

>Once the selling starts the MM’s will walk it down quickly by only making small prints on the way down with the tight spread. Another way is by running the stock up in the morning, averaging up their short then use the above technique to walk it down in the afternoon.

>Hopefully after doing this for several days, it will demoralize the buyers. The volume will dry up and the sellers will materialize thinking that the game is over.

Like I'm telling you all. The MMs will ride this to the very end when console season and holiday sales are over. Then GME will be the ultimate baghold.

Anyone else looking at silver?

Yes it took a huge dump but dollar keeps going up and it’s holding steady here. And technically still bull market

>kept up trend since march, unlike nasdump spy etc etc
>well above 200sma and still pointed up
>diverging a bit from the dollar
>also being shorted like gme
>needed for green projects and tech

>>22821611
Truly, though?? What's the downside to being diversified with low capital? Just slow gains?

Which stonk would you go all in on right now? Hard mode: no GME

>>22821752
Sorry anons forgot pic of meme lines

>>22821732

Boomers hired the affirmative action candidate.

>>22821771
VIX, but i only trade options

>>22821771
Not him but diversify with low capital is probably worse than being all in. And I also want to say that diversification is a meme but thats a separate argument entirely

>>22821798
I don't want to mess with VIX and I don't have enough money to trade options on anything worthwhile

What would you throw ~$4000 at if you went all in??

>>22821748
there's lots of room to run up until holidays.
what you think we're bagholding until 2023?

>>22821748

>>22821158
I love my GME bros.
This pic and so many more ready to go.
WE DID THE DD.
I too feel the urge to be defensive but let's face it, nobody on /smg/ can change what happens to this ticker, not us, certainly not paid shills with no argument to speak of.

>>22821596
What does this mean I am new

>>22821821
>diversification is a meme
I'd have to agree after several months of getting my feet wet in trading, my biggest gains came while I was holding like 3 stocks (TQQQ, FNGU, WKHS) but of course they all shit the bed recently. UPS and Fedex seem like solid contenders to go all in on, but of course I'd love to have the benefit of some sort of leverage

>>22821872
GME to $100

>>22821748
I'll be out by then so who cares?

>>22821748
Then get in now, ride the wave up, get out for gains by Christmas, then get long after January.

>>22819956
> U?
I'd like to know this too.

>>22821748
Look I'm sorry you got fucked because GME went up today, but please stop shilling your desperation on a Mongolian basket weaving forum

>>22821883
pick something you can afford 100 shares of and discover the magic of covered calls while you acquire more capital to invest

my portfolio is a dumpsterfuck but it's up 4.13% feels fucking good man

>>22821958
>the magic of covered calls
Which is what? Weekly premiums? What stock under $40 is worth buying 100 shares of and selling calls for? Would covered calls actually beat out 3x ETFs like FNGU and TQQQ?

>>22821919
>>22821896
>>22821840
Do you realize how dumb you sound? So everyone in GME is going to be trying to time the top

Shorts will use this to their advantage. They will shakeout retail. They already did once when it dropped from 8 to 6, and Cohen had to leak news about retarded plans to make the company like AMZN to change it. One big dip down 10-20% and it will be a freefall back to 4.

Like I said, GME will be the ultimate baghold. No thanks.

>>22821748
>Another way is by running the stock up in the morning, averaging up their short then use the above technique to walk it down in the afternoon.
Oh God we fell for the greatest bogging of all time. They actually WANT the short squeeze to happen so they can short at the top and make up all their losses. We were fools to not see. By attacking the shorts, we've been helping the shorts this whole time.

>>22821858
We can't change it, but we can certainly join along for the ride.
Like BTC or every other shitcoin: people always complain about not being there at the right time even though a lot of it is luck based.
This time, however, we caught the trend at the perfect time, and lots of DD instead of guess work. Watching shorters get fucked too is also pretty amazing.

GME will be the highlight of /smg/ this year, if only for diamondhands anon alone.

I switched over to long term investing
Which means i saw MSFT go from 200 to 230 without selling, now back to start
And letting XOM drop 20% without cutting losses
Idk, feels retarded man.

>>22822033
Holy fucking kek cope harder bro
t. avg. cost 7.39

>>22822069
A few months isn't long term

>>22819695
Mninchin and Pelosi have had over 15 calls on a new stimulus package.

Powell makes it seem like there is no new stimulus and now this.

I dumped everything thinking they would slow down printing before the election and now it looks like a new stimulus will be approved. Fuck me!

>>22822033
Timing the top? Just be out by 1/15/21, that's it. Doesn't matter if it can go higher or not just get out then. And I'll have a trailing stop loss. How is that retarded. You can't shake out someone who has made a blood oath with coom cat, silly fudder.

>>22822033
>no thanks
Dude we honestly don't give a fuck, who the fuck are you and why are you shilling so hard?

>>22822069
Most of my money's in a broad market ETF, but damn, I love gambling on shit memestocks for the random double-digit pump. Not too much though, maybe $500 on any one gamble.

>>22822024
>Which is what? Weekly premiums? What stock under $40 is worth buying 100 shares of and selling calls for?
no you got it right anon. Other than GME or WKHS pretty much none. Except BLNK. BLNK is based and people should put in calls for BLNK

Why does robinhood have GME stuck at 9.98 but webull is moving at 10.21?

>>22822084
>calls on a new stimulus package
Strike and expiry?

>>22822018
>ipob
>ipoc
>fvac

Ma boi

>>22822092
desu Im sick of 4/5 posts in smg being about gme. I hope you all get fucked

what the fuck is up with the after hours ticker

>>22822080
YES this senpai. I need to learn patience

>>22822033
>Like I said, GME will be the ultimate baghold. No thanks.
too bad for you i guess, cope harder for missing out on a cheap entry literally just weeks ago

averaged up from 5.84 to 7.65
Riding it out stress-free. Heck, Cohen's cost basis is around $5.13 on his declared transcations
Kinda wish I had just gone all in from the very chunk.

>>22822140
it tickles my ticker

>>22821837
you can open a spread position on VIX for $1.50 if you wanted to.
4K id probably just scalp swings in qqq on a friday. if you put 1k into a slightly otm qqq call this morning dated for 9/25 youd be up like 20k by EOD

>>22822133
he can't be stopped

>>22822134
oh so you really are just sore you missed out in easy gains

>>22822024
WKHS DPHC RKT NET would all be good options. horse has real nice premiums but you might get btfo if they fail to secure the contract bag

What happens when there are too many investors for one company, and is that possible?

>>22822296
what does too many investors mean

>>22820122
>Motley fool
You have to go back.

Up 2% today. Aside from PLTR, what's coming up that I should be on the lookout for?

>>22822304
I'm not that guy, but do companies have a set number of stocks? Like, could there be a scenario where no one is selling their stocks and you actually couldn't buy into a company?

>>22822296
No? There can be a limited amount of shares and there will always be people willing to sell at the right price.

>>22822296
The fuck you mean anon? There could literally be 7 billion shares out there for a company and each person alive could have one and most if not all companies would be still fine.

>>22822325
>Like, could there be a scenario where no one is selling their stocks and you actually couldn't buy into a company?
Yes, happens sometimes but very rarely, extremely rarely in fact. Usually microshit or big stocks at certain moments.

ok im done these people are giving me second-hand retardation

>>22822296
they end up with charts like AAPL, it's a real disaster

>>22822311
Damn, that's cute aggression reaction if I ever saw one.

>>22822352
Holy fuck, that first one is hilarious.

>>22822311
me understand impulse for hurt walking pair of brests O_O

>>22822134
>hope you all get fucked
>hope
He doesn't know...

>>22822352
stocktwits is a hopeless mess, never forget that you share the market with these "people"

>>22822368
Mind blown

>>22822352
And people think WE'RE retarded

>>22822352
>7500
>lunch money for next week?
Damn even he knows those shares are going to be worth $5 total next week.

>>22822018
I sold that same GME put fren

>>22822325
yeah they have a set number of stocks, and only a % of them (usually most of them) are publicly traded (called float).

elon always talks like this he goes "its an order of magnitute to 10 orders of magnitude more diffucult etc"

>>22822368
This was actually an interesting read.

>>22822431
big money

>>22822304
Like for instance, Apple. After splitting and so many casuals only going for it, is the price going to be eternally fucked? Or does that number only drop, among other things, when companies issue new shares

>>22821358
DOUBLE DAYS

>>22822440
They must be pretty large numbers if millions of people can trade millions a day.

>>22822447
elon is a massive pseud. he's a businessman larping as a bigbrain scientist/programmer

>>22822368
actually had therapist try help with me with guro problem O_O
one things they did was make me look at pics of cute animals every day

>>22822447
Can you just stfu and let him make money for us?

>>22822504
maybe you are of have cute aggression?
https://en.wikipedia.org/wiki/Cute_aggression

>>22822368
>>22822504
oh lol i didn't even see this post mention cute aggression.

>>22822464
Yeah and every week I dump these major gainz into SPY partial shares on Robinhood

>>22822504
>he's not posting ironically 100% of the time
ngmi.

that's the problem with new-age 4chan users, they think this shit is real and incorporate it into their personality and real life, effectively deteriorating everything within and around them.

Why is nobody selling me fucking ge

>>22822251
no Im just tired of seeing gme posts every time it moves a cent in either directions

>>22822553
we're gonna make it bro

>>22822509
You mean the same guy who said Tesla barely made 1% profit, doesn't give a shit about investors, and he himself tanked the stock by downplaying Battery Day and saying nothing will be available until 2022?
He only makes people money when he doesn't open his mouth.

>>22822520
problem come from uhhh something worse than that >_> but cutie picutes did help

>>22822554
only reason me ever came to 4chan in first place waas old /g/ kek

>>22822486
zoom out

>>22822607
Love how he said it’s overvalued what 50% ago? And retards keep buying.

The owner is telling you to your face you shouldn’t buy. Why would you do anything but day/swing trade that unstable beautifully volatile dumpster fire.

>>22822597
I got tired of just going long or short. When you sell premi, you're never going to make a million dollars on a trade but you start out winning. Fuck a home run. Consistent singles.

NEW @_@ !!!
>>22822752

>>22822752


>>22822752


>>22822752

>>22822520
>>22822368
>People experiencing cute aggression may grit their teeth, clench their fists, or feel the urge to bite, pinch and squeeze something they consider cute, while not actually causing or intending to cause any harm
Your pic is in direct conflict with the wiki.
Small/damaged amygdala tends to cause a lack of feels, not an overexpression.

>>22822033
t. author of motley fool article

>>22822425
How could he have so much money and yet be so retarded