/biz/ - Business & Finance

Short squeeze plus Ryan Cohen, founder of Chewy is involved and is looking to turn it around with e-commerce and more PC shit.

Mostly the shorts getting fucked.

t. 1200 shares.

should join us on wallstreetchads, you missed out on NIO, Palantir, BlackBerry JFL at cryptotards.

>>26334017

>>26334017
It's called free cash flow, the Earnings of Champions.

>>26334102
>should join us on wallstreetchads
you mean wallstreetbets?
>short squeeze
what's that?

>>26334102
whats the next hot tip anon

people buy calls forcing market makers to hedge their short calls with long stock

>>26334186
BlackBerry is gonna moon, I just dumped 10k into it.

>>26334017
FUNKO POP

>>26334186
BB is ok. NOK is good as well. boomer tech is making a come back

>>26334017
I remember at least one anon who made that call to buy back then, looks like he was pretty much spot on.

>>26334352
>>26334270
BB hasnt peaked yet? Seems too late to buy in. NOK looks good.

>>26334352
NOK would be good but it has too many shares outstanding

Reddit has a huge boner for GME. I'm planning to buy puts for GME soon because the hype train is going to run out of lemonade soon.

BB is a fucking moon mission. Ive been loading my bags up of stock. Thought about calls but this shit is gold, so stock it is

>>26334017
wow u guys just picked upon this
wsb memed like 10 days about this stonink

also some melvin capital was short shares
and michael burry has 2.5 mil shares
also ryan choen jew on board apparenlty 10 pecent how much hnigher can it go like 50? never bought

>>26334270
BB IS ALSO WSB PUMP AND DUMP

>>26334499
We're gonna make it with BB, I am gonna load up more tomorrow and maybe buy some more if it starts dipping next week

we're gonna bare back to the moon nigga.

>>26334621
/biz/ is too retarded to deal with stonks, literally missing out on free money.

>>26334168
He means /smg/ we have a much higher rate of success and have been way ahead of WSB.

>>26334499
>buying puts on 400% IV stock
genius

>>26334692
FOMOed in too quickly on BB calls but its been treating me well since. Similar thing happened to me when GME hit 21 and it turned out just fine.

>>26334017
I've heard tips they're getting into the banking sector

>>26334352
Do you think uranium will moon in the next year like some are saying?

>>26334102
>wants to turn gamestop into the "amazon of video games"
>amazon is literally already the amazon of videogames
he wants to compete against amazon? he knows we can buy games on amazon and get them delivered in 1-2 days right? what is his strategy other than triggering the short squeeze?

>>26334821
nice, i'm a UKfag so can't really do options trading so just have to bag hold shares.

>>26334950
>in 1-2 days right? what is his strategy other than triggering the short squeeze?
yeah, but fuck amazon.

>>26334499
Two things are crazy to me
>GME growth
>GME hodlers acting’s like it’s bitcoin a decade ago.

>>26334499
You are stupid as shit for buying puts on GME. April puts are all above 180% IV don't be stupid. The majority of them are +190% IV.
>>26334866
Probably not Uranium my man. Steel.
>>26334950
Netflix used to mail dvds. Companies turn around. If Cohen comes out with a sexy plan that people like, the short squeeze will happen 100% and will likely hold at a decent level.

>>26334410
>>26334471
true. maybe if they get some cash from their new contract deals they will buy back some shares. Reminder NOK is still getting royalties from selling off their phone business

Im getting LEAPS for NOK. its a long term play

>>26334950
They may want to be acquired by amazon.

>>26334186
AMC

>>26335118
OTM weeklies or you're a fag.

>>26334017
people were talking about this one a couple months back too

>>26334017
What cryptocurrency is this?

>>26334950
What is the strategy?
> Experiential physical locations.
Think escape rooms, boardgame cafes that kind of shit where people drop hundreds of dollars on cardboard shit.
> Online cross platform subscription model.
You can see inklings of this with their Microsoft deal.
>900% increase in online sales
Cohen's main area of expertise is e-commerce. He picked a good industry like videogames to hitch his wagon to.
1. It's not a horse and buggy industry, its still growing exponentially.
2. "Gamers" are fanatical like pet owners. They identify with vidya and they have extremely high brand loyalty.
> Good balance sheet
Regardless of what happens GME is a value pick at $20. Debt is cheap and they are swimming in cash.
>Console Cycle
Influx of cash will give them the capital required to pursue a new short/medium/long term strategy.

you don’t browse /smg/?
they shilled this in the summer

>>26334978
Yes you can. Interactive brokers

>>26334499
If BB moons do you think theyll make a Key3?

>>26335522
based, I use trading212 jfl.

>>26335460
>GME is a value pick at $20
It's $45 now friend

>>26335092
Why do you think Steel is going high?

>>26334017
What is “honest work”? Selling poisonous food to poisoned people? Selling useless shit to useless retards? Selling things to people that then sell those things too? In this moment, the noblest trade is mastering the art of leisure. I can’t think of a smarter person than someone who figures out a way to rob the modern world blind and never work again. I can’t think of a smarter person than someone who successfully leeches of government programs, with good taste of course. The best of all trade work is aristocracy. Our working class is completely dead inside; anyone who’s spent a day’s time around them can tell you this. The “honest work”- building dollar stores, mall temples, ratholes- it takes hostage the soul of many could-be heros. If “honest work” was human, he’d be charged with many crimes one of which against nature. God sits above and mourns the construction of yet another strip mall. It’s true, I’ve seen and felt him do so. God to me sometimes feels like a close and personal friend, and he looks constantly disappointed, even in me. He mourns destruction of his lush and hungry forests for GameStop number seven thousand and Chinese buffet number whatever. Those responsible for decision like these will pay dearly for this level of sin; you’d have to be a fucking idiot to think you escape free of punishment.

>>26335677
I know, but the bear argument is that it is going to be imminently bankrupt. Insane how reckless they were to continually short it at $4.

1300 shares here. He stock is going to $400+. Buy in before it’s too late. The short squeeze hasn’t even happened yet.

>>26335891
100 shares more than me, makes me sad mang.

>>26335756
Mike ma wasn’t this autistic

>>26335709
Because it already is high, its the highest its ever been. The share price of steel producers and iron miners hasn't reflected those increases.
https://www.tradingview.com/symbols/COMEX-HRC1%21/
Browse around.

>>26335118
NOK really needs a 10 for 1 reverse split like ODP did, preferably after NOK regains market share and has good earnings/balance sheet

>>26335891
i remember some anon created a thread shilling GME back in early sept. Never really visited /smg/ before that. Rest is history

>>26335612
Yeah, same. t212 isa for tax free profits. Interactive brokers for options

>>26335118
So which one would be more ideal, Nokia or Blackberry? Gamestop made me 300 dollars so I'm happy with it.

>>26334168
>what's that?
When you short something you sell first and buy back at a (hopefully) lower price. Everyone closes their shorts at once = Everyone is buying = green dildo = people fomoing on that green dildo

Too soon or too late?

>>26336222
it'll print.

>>26336222
Much better off buying shares at this point. The IV is insanely high.

>>26336111
>NOK or BB
just split money in both. Although BB maybe more lucrative given they are jumping into EV software

>>26336314
BB is also going to be pumped by an insane amount of guys on WSB. There are probably 300 dedicated posters on /smg/, there are millions of people exposed to WSB. Read what is posted on that subreddit, its starting to get scary how retarded people are and the amount of new money flooding in. They have started a pretty incredible pump scheme.

>>26336024
Which steel stocks do you recommend?

>>26336457
Cleveland Cliffs, Vale, US steel corp, Arcelor Mittal to name a few. Earnings are starting to roll in during February at the same time as the infrastructure proposals. The combination of the two will create massive upward pressure.

>>26335940
Buy more tomorrow

>>26335995
Page 36

>>26336594
>>26336457
A lot of us are balls deep in CLF calls because of some pothead Hungarian who brought this thesis to our attention.