/biz/ - Business & Finance

and he still is HODLing too. balls of steel.

>>26617297
how do i find the next one

>>26617464
AMC

>>26617464
there is no "next one". What is happening to GME right now is a once in a decade event probably, the guy made a balsy call years ago and hit it big

>>26617504
u sure?

>>26617464
You don’t, there is no next one. Gme was a once in a lifetime opportunity that will forever change how investing and the markets are perceived

>>26617549
not "years" ago, i think last year and a half. ive seen his posts since he first started. never would have EVER thought it would have come to this

>>26617249
This is easily the most chad trade I’ve ever seen. More chad than Bitcoin. This dude saw a failing company unnaturally getting shorted into the ground by greedy Jews and told them to eat ham. He’s making a dickload of money, and he’s pissing off Wall Street and the likes of CNBC. Absolute chad.

>>26617622
ok, so tell me how to make gains like him

>>26617249
based

>>26617504
Fuck off jew

>>26617464
This is it. It's still fucking hapoening

>>26617297
The money is being printed ok, it takes time BRRR BRRR BRRR

>>26617665
ok but i dont even think he foresaw this. for this to happen was like getting hit by lightning twice. he got so fucking lucky for all these events to happen the wayt it did

>>26617713
buy GME tomorrow and you can still 4x

>>26617748
just trying to help faggots out you moron. i'm up $1250 in literal minutes since buying AMC

>>26617713
You become autistic and look at numbers all day. This guy is Michael Bury tier

>>26617549
>>26617622

Even though I'm a bong and they don't trust us normies to trade options, I fear that this will tighten regulation and make options trading limited to institutions only in the US. If this happens, retail becomes obsolete overnight.

If they let it slide, then we will need to see how deep the rabbit hole goes - Melvin Capital will be insolvent if GME opens above $200 tomorrow. There's the potential they could see a domino effect that then puts pressure on their backers, who in turn need to liquidate positions of their own en-masse to remain solvent. A genuine, potential market-wide crash scenario is possible.

If none of the above happens? Well, you now have 2.4m people on WSB who likely have made a fair chunk between them. That buying power shouldn't be underestimated, and not sure I'd want to bet against them

>>26617713
Honestly if you’re asking to be spoonfed this much you won’t make shit

>>26617249
>50k to 22kk.
>It's only 22xx% up.
Nigger tier maths, ngmi.

>>26617713
What would I gain from that

>>26617924
>I fear that this will tighten regulation and make options trading limited to institutions only in the US
This is 100% happening

Cant wait for the glorious dump when the jews kill off the ledditors

>>26617713
If you have to ask you're not gonna make it

>>26617464
AMC

>>26617950
>>26618016
>>26618138
fuck off you unhelpful little shits
>>26618012
retard alert

>>26617640
It was in June, so almost a year ago.

>>26617713
defi

>>26617924
Biden will bail out Melvin, either by freezing the stock or just by writing them a check. hell the whole point of the last 8 months of politics was getting a government that would play ball in a situation like this. There's no way that Gamestop will actually be the cause of our next black trading day.

>>26618229
It's the truth , no one here's gonna spoon-feed some random retard for no gain themselves

Good luck though

>>26618383
then why the fuck are you here? go jerk off to bloomberg faggot

>>26618016
I am blessed by the Holy Ghost so you would certainly gain favor.

>>26617249
I'm assuming he's already loaded.

He needs to cash out if he could actually lose most of it lol

>>26618472
hes not. he was all in at the time he invested

>>26618472
The guy is probably Michael Burry himself kek.

>>26618352
>There's no way that Gamestop will actually be the cause of our next black trading day.
maybe that was the ruse all along
>Gamestop
>stop the game
the potential wordplay is quite funny

>>26617464
Find cyclical stocks trading at 25% of liquidation value with positive catalysts coming up in <1 year and all in on OOTM leaps. Not impossible, but it may be years until you find one.

I was buying at prices from $24.75 to $4 from March 2017 to May 2020.

I'd be a mutlimillionaire if i had the balls to buy some calls. Still made a decent amount though.

is this considered, making it?

>>26618248
he started buying dec 2019 retard

>>26618352
Congress and the Senate do not move at the speed required to stop it. All Biden can do is promise to backstop and gift wallstreet as much as they require and tell them to be patient and not liquidate their other positions.

GAMERS: RiSE UP

I don't have a stake in GME and I'm generally just a casual observer of markets in general but do people actually think it will hit 1K or higher before the drop-off happens? Surely there's no way short interest continues?

>>26617249
I'm new to calls etc, can this guy just take the money now if he wanted?

>>26617249
You fucking idiots really don’t understand how serious this is do you? You’re causing major institutions to lose billions of dollars and might even cause the grandparent loaning bank to go under. People will lose their homes, people’s mortgages and investments will be impacted as a result. There is a loser on every trade and mark our words at the end of the day it WILL be you

Enjoy retaining a lawyer and fighting off discovery for the next five years. Was it worth ruining your life for a 10x? Good luck explaining why you’re using words like “Jew” and “nigger” to a federal judge. Enough is enough and it’s about time someone took you man children down a notch.

>>26617504
>>26617553
>>26618203

>>26619052
>it's fine when wall street does this to small companies
>it's bad when average joe does this to wall street
cry me a river

>>26617924
Options are the most basic form of derivatives, they can't ban or regulate shit, it's part of the game since its inception

>>26618453
angry zoomer lol

>>26619052
i never bought so it doesnt really affect me

>>26619052
It’s about sending a message

>they sold shares they didn't own.
>They sold more shares than the amount that actually exists, something like 138%.
>they have to cover their shorts, effectively buying the shares they don't own multiple times from multiple people.
>They were expecting to buy them at a later date but cheaper.
>retail investors, and most likely large firms quietly bought it all up, knowing melvin would have to buy it from them.
>Media shits on reddit and 4chan over kike greed biting kikes in the ass.
>Kike fund manages to get funding and actually doubles down on a shitty position, thinking it can't go on forever.
>actually jump from 40USD to 140USD. Friday they were 50billion in the hole at 40USD. at 140USD, lord knows.
>trading halted several times to try and keep from going too high.
>kevaching all day over "economic terrorism" because mr. smallhat can't stand being a bottom for once after making his living fucking everyone else
I love this. Don't stop the pump.

>>26619052
keep kvetching, moshe

>>26617249
>50k
isnt the 50k is shares quantity no?
he bought 50k shares at 14.89 costing him 770k

Newfag here
How do I learn how to do this? I've seen people here bragging about being in their 20s and having networths equal to my parents who have worked for 40 years.

>>26617713
watch the dude's youtube streams if you want to make gains like him
https://www.youtube.com/c/RoaringKitty/videos

>>26617464
GME isn't even over yet, why would you already jump to the next one?

>>26619374
no, he had 50k or i think it was 130k im not sure. but it was his life savings, he went all in

>>26617249
I hope he's smart enough to get out. "Greed" is the fall of many an investor, but it's going to be brutal if Unrealized Capital Gains comes after him if it dumps.

>>26617249
How much has Michael Burry made off this?

A giant gaggle of Jews shorting a dying company to an absurd degree is what should be regulated, not calling their fucking bluff on it.

>>26619052
>So let me get this straight, you think causing a financial crisis by buying Gamestop stocks is funny?
>I do, and I'm tired of pretending it's not

>>26619052
Paying $100 to hurt a hedge fund and cause all of this drama is imo a pretty worthwhile investment, you can't beat the entertainment value per dollar of this without hard drugs.

>>26617249
This guy definitely has money to play with.. i mean why the fuck would you have more than six figures of gamestop stock in 2019??

>>26617665
He might eventually get reamed by the feds as an example to all the plebs who dare to try some market pvp vs connected hedge funds, even though his all in was ages before everyone else went in. I really hope not.

>>26619248
They can ban you like they do with IPOs and investing in Startups. They can limit options to (((accredited investors)))

>>26617249
>When alphas fight for domination on Nat.Geo..

Hello? Yes it's me. The retail guys are making too much. It's time.

>>26618751
Who he? The big short guy?

>want to get on the hype train
>no money to even deposit
being poor sucks, can't even gamble

>>26619725
lol

>>26619052
LMAO IMAGINE THE LOSSES THIS GUY HAS

There won't be another gamestop. There will be stocks that skyrocket, but not for the reason gamestop did. This is probably the largest movement of wealth from wallstreet into retail investors pockets ever. Hedge funds are going to start being afraid to short anything. Market is about to change on a fundamental level to figure out how to deal with the new breed of retail investors.

>>26619772
for you

>>26619052
Fuck kikes and fuck you especially hook nosed rat

>>26619052
>The Jew cries out as he strikes you

>>26619489
burry bought at like $5. hes probably sold some along the way. just google scion capital

>>26619794
so how do we as retail investors adapt? whats the strat?

you cuck should hold until Friday and wait for the lulz

>>26619938
Learn their changing ways

>>26620219
im too dumb

>>26619455
How did he buy 50k shares at $14.89 for only $50k or $130k? Even if he bought those at $4 he would have had to have spent $200k. Or did he have more calls originally and he pivoted those into shares?

>>26620979
your figures are wrong. gme was like 3 dollars last year and he didnt just buy shares, he mixed it up with calls

>>26619341
>Media shits on reddit and 4chan over kike greed biting kikes in the ass.
Kek no media outlet is mentioning 4chan. Im getting tired of you brokeass NEETs pretending you played a role in this with your lunch money

>>26621124
I'm just looking at OP's image. It shows he has 50k shares at an avg $14.8947 price. So he had to pay the $700k for those at some point, somehow.

>>26619489
Burry made 1500% return at closing today, as per Business Insider. He had millions of shares.

>>26621814
just check his post history u/deepfuckingvalue

>>26621814
It's not 50k shares, it's $50k, which he invested. He realised some of his gains and bought more, leading to that $700k figure. His total net worth was only 100k.

>>26619709
how can they fuck him
this isnt illegal in the slightest.

>>26618472
>Michael, what's your opinion on my 10K+ Link stack