/biz/ - Business & Finance

Everyone is selling their sell orders at $420.69

Nothing is stopping you. Do it you mad lad.

>>26622946
So what? They MUST buy everything back right? Whole thing is shorted at 130%

>>26622910
When EVER the price goes down AT ALL, buy. just keep buying. im too poor to hop on the train now, but I am excitedly awaiting to see you as chief shareholder of GME :)

>>26622946
that is so stupid and a complete fucking discount for cheap ass prices. Imagine blowing this whole thing because you wanted to be edgy

>>26623030
Yes
mine is at 100k

DO NOT SELL FOR 420.69 THAT IS FUCKING GAY AND YOU WILL BLOW IT AND RUIN THIS FOR YOURSELF THAT IS A DISCOUNT FOR THEM AND THEY WILL LOVE TO TAKE IT HOLD TO 1K OR MORE

>>26623129
Is this a joke? What's stopping me from setting it to 1 million? 1 billion? They MUST buy it back, right?
What's the catch?

>>26623161
What this anon said, anyone who says to sell under $1000 is a shill or a coward or both

>>26622910
>if the short squeeze actually works out on Friday? They HAVE to buy my shares, right?
There will be no Friday.

>>26623211
If they go bankrupt before they buy your share, they forfeit all debts and don't have to buy it.

>>26623250
IF THEY HAVE TO BUY BACK EVERYTHING, INCLUDING MY SHIT, WHAT'S STOPPING ME FROM SELLING IT TO THEM FOR HOWEVER MUCH MONEY I WANT, LIKE 100K - 1M PER SHARE?

>>26623211
Checked
There isn’t a catch
They over leverage themselves to an extreme degree and the entire Internet knows and is betting against them

>>26623370
Oh, so that's the only limitation? Bankruptcy? So if I have one share, and I set it to 300k, it will be fulfilled on the short squeeze?

How can I put in a target sale price on Robinhood. I want to buy at say 200 and set my sell for 10k like everyone is saying, what order type is that?

Also is it worth putting in a stop loss?

>>26623493
No. The process they follow is to automatically buy at lowest sell orders. They will be out of cash long before they reach 300k orders.

>>26622946
why would you sell at 420 knowing the have to buy back over 100% of the shares they borrowed after this price inflation do you have any idea how much money you would miss out on once they do this

Retard here. How do I set a sell limit on etoro?

>>26623030
Yes, I set a single share for 4206969 and they have to buy it.

>MFW that’s the final print for the stock before its delisted

>>26623596
So set all but one share to what you think you will get, and set that one share to $10,000,000,000 to ensure they get driven out of business?

Take a look at BAEX (#baex), wanna know your opinion about this platform. They offer different optionslike crypto/fiat, NASDAQ, Microsoft, Disney, tesla indices, and I think about using it. Is it hard to get money with binary ?

>>26623921
> Set 1 share to 10 trillion
> Banks and US governments MUST pay according to federal law
> Become world's richest man overnight by GME-scamming

>>26623596
Okay, so I can set it as high as I want, provided they don't go bankrupt. This means that I simply need to calculate how much money is at stake vs how much money is actually invested, and make an estimate.

>>26624160
Gamestop has 70 million outstanding shares (not all of which are real, some are fake shares made by the short sellers). Even if we assume all 70m are real, we can estimate the total assets of the companies and individuals who shorted them to be between 10 billion and 20 billion (back of the envelope calc). That means they will go bankrupt somewhere between 140 and 280 dollars. The goal now is not to make a bunch of money, but just to say "fuck you" to these wall street guys.

>>26624160
1488 or bust

>>26624224
wait seriously 280 is the ceiling? wtf that cant be right

>>26624361
That's assuming every single person dumps all of their shares at the same time. If everyone only dumps 10% of their shares, they would go bust at 2800

>>26624033

>>26624361
That's only assuming there are sellers around that price. If everyone sets their limit sell at $1mil, they are forced to start buying at that price until they go bankrupt.

>>26624610
Literally this, sky is the limit. Melvin fucked up big time

>>26624981
>>26624610

You guys are unbelivavbnly retarded. Why do you think your $1m sell order will get filled in time. How are you going to coordinate it? Take your profits and pivot to BBBY.

>>26625261
based
youre right but GME is still going to be pretty good

>>26623787
also this but on robinhood

>>26625261
BBBY is dead money.

Get into AMC tomorrow or be left behind.

>>26625836
>amc

are you serious. bbby is a legit business. nobody is making movies for thetres.

>>26622910
:D

>>26623068
LMAO

>>26625836
>>26626019
Stop getting distracted by the kikes and buy GME.

>>26622910
10-100k??? Think bigger

>>26625836
>>26625261

Bravo. /biz/ has done more to piss off jew banks this month than /pol/ could ever dream of.

HOW THE FUCK DO I SET MY PRICE TO MAXIMUM SHEKELBERGS? or can i even do that after buying

>>26622946
nice try, kike.

>>26622910
I've been wondering this myself. So we want to set it to a relatively high price so that it pays out mad tendies, but also not too high so that they actually still have funds by the time our limit sell activates, with the queue being ordered from cheapest limit sells to most expensive limit sells. Is this right?

>>26623370
bullshit. insurer will have to settle.

>>26626686
My calculation in my other post assumes they liquidate all of their assets (which they have to if they file for bankruptcy). They won't create additional money to buy shares at millions of dollars. If you buy now, you will still make money, but you won't get rich.

>>26622910
The fact that you could set it at one millon.

>>26626551
It was Reddit though? /Biz/ did nothing.

>>26622910
Is this a real strat? I'm new to this, but on Robinhood, if I sell my shares as "Limit Order" with a price of, say, $100k, then Schlomo Shekelberg has to buy it all? I have four shares, so do I make $100k or $400k?

>>26626622
Their insurance has to cover it.

>>26626622
Exactly. So if you figured they got bankrupt at 2000 per share you could coordinate to all only sell at 1999$ and if everyone agreed the price would go there and they’d have to buy there. You would all get stupid rich just in time to have the government seize it all and send you to federal pound me in the ass prison for some crime they will find to fit the scenario cause as every president of this last century and every politician will tell you the Jews need to be protected at all costs.

>>26627055
they will be forced to buy it until they have no more shekels in their kosher coffers anon.

>>26627056
You realize we're dealing with a 6000 year old tribe who hates every single one of right? They're not going to dump trillions of dollars into gamestop because they "legally have to". The insurance company will claim "unfair trading practices" and refuse to front money for any shares beyond the total assets of Melvin Capital and the other funds who shorted this.

>>26622910
>What's stopping me from setting my GME sell order at 10-100k if the short squeeze actually works out on Friday?
the fact that paper hands will set theirs lower and the hedgies might run out of cash before they hit yours

>>26627334
This will cause a ripple effect as kikes will be distrustful and mad at other kikes. If the insurance company doesn't cover it, the kikes from other companies which HAVE contracts with said insurance company will go after them. Ether you become a trillionaire or the entire semitic world starts eating itself.

>>26624449
How can only 10% of shares be dumped? What happens if everybody in the market holds on the expiration date of Melvin's shorts?

>>26623030
>Chris

You need to go back

>>26627186
What happens if no one buys my shit in time? Do I lose everything?

>>26627629
I think so, right?

>company goes bankrupt, meaning they owe nothing to their creditors
>theoretically they have bought the max shares they could until their bank accounts are $0
>everyone panic sells because Melvin is no longer liable to buy their shares

Some people threw around that their insurance would have to buy it but I don't know how that works.

>>26627629
You only start to lose money if the share prices drop below the price you bought it at. You can potentially hold your shares forever.

>>26627015
exactly fren. we did nothing wrong.

>>26624033
Lol

>>26622910
the government you stupid dipshits


you think that they're going to let a bunch of internet dumbfucks manipulate the system that they hold the levers and switches to?

they'll just halt trading and reset and you'll lose whatever you invested.

just like when GM went belly up in 08 and the gov took control, wiped all debt, and issued new stock

you think you're playing the game but you're just being played

>>26627525
Basic economics: Less sellers (supply) leads to higher prices. Someone will sell. If we truly ran into the scenario where there were no sellers when they had to buy back, then they would get fined by the SEC and their short sells go into auction.

>>26628035
Reeeee REEEEEE

>>26628035

Listen Kike, how fucking stupid do you think we are around here? This is not Reddit mr reddit spacing cunt.

FUCK OFF JEW, YOU LOST!

>>26628035
You can’t win, kike.

>>26628035
must be difficult to keep track of the linebreaks when shilling on reddit and 4chan simultaniously

>>26623384
what other anons aren't telling you is that once weak hands start dropping bags and it snowballs into -200 -150 -100 -80 -60 -40 (!!!) you're now at a point where they can exit and leave you with a bag where you bought in at $150+ and are still holding while the short succeded and these hdge fund managers are out at $40 again

basically, it's a gamble. if the internet ACTUALLY hodls through friday, you're a millionaire. if people freak out and start selling, your gainz evaporate.

it's psychological warfare

>>26628035
Hahaha. Hope you fucks at Melvin Capital do some research on the state of our government.

>>26628229
That makes sense. I guess the real problem is getting paid when Melvin Capital goes bankrupt trying to fulfill its shorts.
>>26628893
Why would anybody become a millionaire? Even with skyrocketing prices, Melvin Capital doesn't have enough cash to make us all millionaires, only the lucky few who sell low enough, fast enough, in large enough quantities.

>>26629300
yes I know and that's why I think most people will cash out at $500 and this is just going to fall down to $40 again by Friday

Now that I'm looking at it 1488.00 is kinda low. Is there a better meme price?

>>26623718
because I bought under $10 lol

>>26628893
Everyone has this mentality of "we're screwing them over" or "we're all in this together", but they seem to forget that there are no friends when it comes to money. Smart money will dump their bags on you and tell you to keep holding to "stick it to wallstreet" or whatever.

what the fuck is happening

I haven't bought yet, am I too late or should I buy a grand now?

>>26629467
If the risk of exposure and a subsequent chain reaction ensures that more anons will get paid than what Melvin Capital is initially capable of, then holding makes sense and a lot more of us will become millionaires.

It also makes sense if some retard hedgefund fails to read the room and tries to short at $500, expecting prices to normalize. People are buying in and holding primarily to throw Wall Street faggots into the streets. It would just reset the cycle, I'd imagine, unless it was a really, really long-term short (and that could carry some brutal maintenance for a while until people get tired).

>FAIL TO DELIVER
Have you zoomers really never heard that before? Nothing is going to happen to them when they don't pay you. But the SEC is going to come for you after challenging jewish power in a market rigged for the exclusive benefit of kikes.
gg no re

>>26629714
look for alternatives, this one's basically not going to make you a lot unless you have millions to dump then you can easily 2x and be a whale. if you're a small fish, be careful..

>not setting it at 1,337,420.69

>>26629543
add a 0

>>26622910
RETARDS
PUT YOUR SELL ORDERS @ $1488.00

So, how do margin calls work exactly? Is it
>These shares are due to be covered then
or
>These shares are increased in value, therefore they MUST be returned as you owe as the value of them so we're charging crazy high interest
Or
>It's stipulated in the short sell that you owe us the difference in stock price assuming it's gone up until a point where you cannot possibly cover it and it is due

>>26622910
I have 3 shares and I have set my limit order to $99,999,999.99 per share. What is stopping this from working?

>>26622946
Good afternoon, Mr. Shekelberg, fancy seeing you here.

>>26628035
you<(((me)))

>>26622910
Correct. Here's whats going to happen:
- Hedge funds bankrupt.
- Brokerages have to cover 130% shorts.
- Fed bailout.
- Inflation, crypto pump.

>>26629871
It's an SEC regulation that stops people from making retarded shorts. You usually borrow money when you do a short, and the maintenance fee is like a minimum monthly payment on a car loan.

>>26623250
sell it for 420 or whatever but the whole point of the limit sell is to keep brokerages from lending your shares to short. they cant touch shares that are being limit sold. They will be out of shares to short which means they cant short themselves out of paying up.

>>26627055
$400k.
>>26627629
Brokerages are required to cover, and if they can't the fed will bail them out.

>>26630078
So, why is it due NOW. Is it that they cannot afford the maintenance fee at this point and thus they need to liquidate?

>>26629921
because weak hands

>>26623211
not a great strategy unless you hold all the shares and they have unlimited funds

>>26628893
prisoners dilemma. Only way it won't apply is if good guys hold a greater number share of shares than the bad guys + others

HOW DO I DO THIS ON ROBINHOOD NIGGERS?! WHAT EXACTLY DO I DUMP MY 2.3MILLY SHECKLES AND HOW DO I SET IT TO SELL AT A CERTAIN PRICE. EXPLAIN TO ME LIKE I'M A RETARD BECAUSE I FUCKING AM!

>>26630202
bought a contract and the contract just had its final due date be this Friday.

>>26630202
they have to maintain a margin on the % that is outstanding. When the stock increases the margin increases.

>>26630083
To one is touching this shit to short anymore. Did you see last night's rally? They literally halted it FIVE fucking times and each them the stock just pumped right up.

>>26623075
Good point. Set the limit at $1488

>>26629714

Nah. I suggest AMC instead.

Man this is a lot to take in. A lot of conflicting information, and I'm seeing an opportunity to finally get my finally out of the shit. So do I sell for whatever the price is on Friday during the buyout or do i name my price to like 5k or even 10k. I'm still very new to this so I have no idea.

>>26630202
The brokers see the price go up and says "hey give us more money or close your position we don't wanna be on the hook for this." Margin call. They'll forcefully close out your other positions if you don't meet their margin requirements.

>>26630574
It is the prisoners dilemma and we're in that box where neither one betrays the other
Every normal individual investor who bought can write off any capital losses on their initial investment up to $3,000
They're playing with free money so they have just about no significant incentive to sell until Friday

>>26631043
it wont hit that high. people will cash out at $500 probably. Think how late you are to the party dude. EVERYONE has heard of this now. IT'S ON FOX NEWS ffs. People never hold for long-term, not even in crypto just look at the graphs

>>26622946
Nice try shlomo

>>26631043

It's hard to get accurate information about this because let's face it - ANYTHING is possible here.

Shares could go to 10 fucking grand per. Or they could go to 0 and SEC shut everything down and say fuck you all.

Total market collapse. Total crypto revolution. Legit anything is possible, with every passing day the ripples can get stronger and stronger. These morons had an out at $60/share, but once a scumbag ALWAYS a scumbag. They doubled down on shorts.

It's an important time in history, imo

>>26631375
>people will cash out at $500 probably
So what you're saying is that if I buy in at market open tomorrow, I can easily double my money?

>>26624033
Wouldn't this be the ideal strategy?
1 x $10k
1 x $100k
1 x $1M
1 x $10M
and so on until you reach quadrilions or whatever.
and the rest for $1k. You get most of the dought easily at $1k, but you also skyrocket as long as it holds. If you have lots of shares, you could do 2k, 4k, 8k, doubling each share.

>>26622910
they will buy cheaper ones first. everyone on reddit should just gang up and make their sell limits $1,000,000

>>26624224
dont forget they have to sell all their other holdings to pay the debts so alot of other stocks are going to take a dive

>>26631693
What if somebody got just one share tommorow and set it for 1M?
I mean worse comes to worse it's 200 bucks you loosing. What if a whole bunch of people got this idea due to minimum risk ?

Asking theorithically, because I don't know anything about it and it freaks me out a little guys

>>26631927
>entire market tanks with Gamestop remaining as the sole safe haven
2021 off to a fantastic start

>>26627160
It’s not like we aren’t going to the camps anyway.

I'm going to sell at 2020
let them have a taste of the worst year

>>26631504
guaranteed

>>26631927
so what you're saying is we should also short their portfolio

>>26632018
THEORETICALLY yes.
But the reality is that people have gotten in on this at $5 and have like 30'000 shares. The moment they realize they could be millionaires at $500 they WILL cash out. Every human has a price. What's tangible and available is what's going to capture your thumb to click that sell button, not some illusory $1'000'000/share price where you could get fucked over because they invent some new rule or the FED literally can't pay you. By your logic, why not set the sell to $1000'000'000'000?

>>26631504
yes, worst case scenario you double your money

>>26622910
Was $1488 just more fud?

>>26632261
that's not a bad idea honestly. short the shorters' portfolio I like it. GME will inevtiably tank again too, so you'll make money shorting once the moon phase is over

>>26632387
Where do I look up what other stocks they have? Heard they sold out of Alibaba earlier today

3 days is a long fucking time to wait

Also note that Blackrock is in the game. They have no obligations to hold with the rest of us.

>>26632494
Especially when the SEC could jump in at any second to fuck it all up. Although I hope if they do one of the billionaires who bought into this sues them

>>26629822
Set ;^)

>>26632022

>>26632307
Literally what happens to all the shares that are not on sale?
How can Melvin aquired like 130 % of all outstanding shares by Friday?

At this point it becomes impossible to understand if the right move is to sell on Friday at 1K, or wait to either sell at 2K (if they buy) or 0$ (if they go bankrupt)

>>26632307
I have zero riding on it, I was just curious. Saw people somwhere else shilling for getting one share and setting sell for $1000 minimum, bacause "there's zero risk in it"

Made me think exactly same thing, why not gorrilion then ?

>>26625836
this is the same guy posting in every thread and fucking making OPs about AMC. he obvoiusly bought a bunch today

>>26631248
And what happens on Friday when Melvin Capital is utterly fucked and the broker is left with the bill? Who is the broker? How much potential damage can happen here?

>>26632701
Anon, if that stock hits a million per share, I think the entire world is fucked, unless Melvin Capital's broker can go under without setting off a chain reaction. IDK how that would work exactly. I don't know enough concrete details.

>Implying I and many other people aren't going to be selling on the rise to extract the investment and let the profit ride
You'd have to be dumb or desperate to not shore up your risk. All this posting you see is almost certainly by people trying to bring in the next dumbest idiot. The fact that you can buy stocks means people are selling stocks. If the hedge fund wanted to do something about this, they'd be buying everything. They obviously have a plan

>>26630724
>sell
>top right of screen
>limit order

>>26632941
They’ve already filed for bankruptcy. It’s glorious

What's stopping me from setting my GME sell order at 700 TRILLION? They HAVE to buy my shares, right?

>>26630574
>prisoners dilemma
Isnt the solution to the prisoners dilemma to make your fellow prisoners know you will follow up with them if they screw you?
The buy/sell information is stored somewhere.. just saying.

>>26627015

>>26629543
whats the price of gold rn? thats what we should sell it at.

>>26633077
Me neither, thats what I'm trying to understand in this situation, considering that they did shorted over 100% , and some anons here are daredevils how is it going to play out ?

>>26623787
Sell your shares for a limit price of whatever you want.

>>26633202
I unironically had an order for 15 million dollars for a share before I read this comment

>>26633202
>>26633486
literally explain to me how this plays out in that case
>broker / shorters HAVE TO buy
>you won't sell
what happens then?
Do they just not buy what you are selling and just say "fuck", and then the price goes back to 20 usd ?

>>26623211
They dont have to buy your share, they can
>buy share
>give to firm A to settle the lending
>buy share from firm A
>give to firm B to settle the lending

>>26633633
I know it shouldn't surprise me, but goddamn some of you newfags are dumb

>>26633748
people have been saying "THEY HAVE TO BUY MY SHARES AT THIS PRICE RIGHT" the whole thread

>>26623075
They should set it at $42069 if they want le funny sex and WEED XD meme

>>26630083
thanks, anon

>>26632941
We crash this plane with no survivors.

>>26628035
>they'll just halt trading
There are big players on the long side now as well. The shorts are fucked and trying to cover their asses with money they don't have.
The short squeeze is a mechanism by which these gambling faggots, their parent funds, and their naive creditors are forced to pay up. Not vice versa.

Shorts are in this thread trying to manipulate people's limit sell prices. If you set it below $2000 congrats, you got manipulated.

>>26633445
I mean like I said, theoretically they could be liable for a gorillion. But it won't come that far, because for it to happen the price has to stay above approx. $40 until the end of Friday, that's the target.

>>26633925
They do, they are liable anon. They HAVE to buy because they HAVE NO SHARES themselves. Read into a naked short; they literally did something illegal. If they don't buy our shares, they go to jail and whoever is backing them up is liable. And guess what? If those people can't pay up either...
>if only you knew how bad it was

>>26622910
is there a possibility GS might actually come out of this with enough money to revitalize their company?

>>26632683
They are already bankrupt. but that isn't how this works.
Let me try to explain:
1.Melvin, the cocksucker, took out a loan to short gme
2.It went up, and now he has to pay up.
3.He liquidates his assets, but it isn't enough
4.declares bankrupcy (we are here)
5.the bank he got the loan from is on the hook for his bad decisions
6.if they can't pay it back, because autists keep driving the price up, the go bankrupt
7.then the bigger banks are on the hook
8.and so and so forth all the way up to the fed.
9.The federal government of the united states may litterally have to print money to buy gamestop stock from a bunch of NEETS.

What this means for us, is that we need to buy and hold to drive the price as high as it will go.
When the shorts expire (friday), they will be forced to buy ON MARKET (this is what other anons don't get)
You can ask for 1 mill per share, but you won't get it. Whatever people are selling for is what they will have to pay. And that is what you will be able to sell for
This price is yet to be determined, and totally unpredictable.

Melvin and his buddies are praying to all their dark gods that GME crashes before friday so they don't get financially assraped by us the shareholders. This doesn't appear likely now that the cat is out of the bag, and every normie on twitter knows about this predicament.

>but they shorted more shares than exist! they have to buy MY share!
Not quite. The shorts don't expire all at once.
They can buy 10% hand it over to the people they are required to and they rebuy the shares from those same people to fulfill the next contract, and so and so forth. They don't have to buy your share, unless 100% of the shorts expired at exactly the same time.
Essentially this is a huge bubble, and if you play your cards right, you can profit massively by making Melvin your bagholder bitch.

Just keep eyes on and be ready to pivot when the short squeeze finally occurs.

>>26634911
i get confused on the day we need to get out, do we sell on friday or monday? is there a law when they need to have the shares bought?

>>26634761
okay anon, hear me out

How much money can possibly be brought to the table by bankrupting the hedge fund and bringing in their backer?

How many shares are there in circulation?

What is the average sale price to extract every penny from them?

That is the highest price that you can be sure will sell so long as the SEC doesn't get involved and fuck this all sideways.

I am not being condescending though, because I don't actually know those two values and I'm hoping someone in here does.

>>26635455
ok thank you this helped

i bought 10 gme shares at 97 dollars..
am i going to make it?

>>26635455
>Just keep eyes on and be ready to pivot when the short squeeze finally occurs.
Is this more likely to happen on thursday or friday?

>>26632941
>>26633186
do you think it'll be up for sale? can we combo this into a kickstarter to buy it and turn it into a museum?

>>26622910
>>26631693
>>26632018
>>26624033

Wrong anon they buy cheapest shares, they give them back to the lender. The lender dumps it and now they can ignore your meme price.

>>26635455
none this account for weak hand selling, Melvin buying giving them back the lender and the lender proceeding to dump. and Melvin buying again.

>>26635920
Thank you anon rhis makes sense

>>26633642
That just pushes it further down the road. What's stopping firm A, who knows the situation, from selling a whatever price they feel like?

Seems like Melvin is 130% fucked no matter what.

>>26622910
Cool

>>26627334
Uh bro yikes that's not how we speak on r/wallstreetbiz

>>26635792
I honestly don't know
It will happen when all the hedgies that shorted the stock finally fold, or are forced to close their positions.
That could be tomorrow, or the next day or the next, etc.
People have been saying that the shorts expire Friday, which means that its guaranteed at that point.

Another factor is that once one hedge fund folds, the price will go parabolic and other hedgies will be forced to fold as well. Because the longer they wait, the higher the price will go, and the deeper in the red they will be.

This whole situation is unprecedented and the hedgies are basically just praying for government intervention at this point.

>>26635996
>you need 100 GME on Monday or you go to jail
>you buy 1 from your homeboy NotMelCapital
>Sell back and forth 100 times
>You still only have 1 share of GME
>You still need 100 shares of GME
Lol

>>26635455
>The federal government of the united states may litterally have to print money to buy gamestop stock from a bunch of NEETS.
What a time to be alive

>>26636162
I appreciate the response, anon
You're one of like three people on this board that make sense

>>26622910
I could give a fuck about the 7 share I bought today, I'll sell one around $1100 to get my initial back and set the rest at $1488,$2000,$5000,$10,000,$100,000, and $1,000,000 just for shits and giggles

I own 5 shares bought at 80, not much but I am poorfag

Just doing my part. 5k out of this or nothing.

>>26635996
>lender lists it
>bought up buy someone with a $148.80 buy first

>>26622910
They don't have to buy YOUR shares, they just have to buy some shares. People keep failing to realize the same shares can get bought by the short, returned to the borrowee and then bought from the borrowee to return to another borrowee. As long as there is 1 idiot selling an affordable share they have an escape route.

ill go in for 8 shares tomorrow hoping to get it under 250, never selling.

>>26636179
you need 100 GME on by a set date
you buy one for $1488 and give it to one of the brokers you are legally required
He sells it back to you for a lower price
Repeat 99 times with 99 different brokers

It could work if the expiration dates of the shorts are staggered by enough.

But I'm not an expert and I don't think anyone can say what will happen.
Either way, HOES MAD

From my understanding, the price will go parabolic once the shorts expire, but that ride is going to last.

>>26636381
>planning to buy two shares for $200 or whatever the inflated market price will be
You're doing better than me, keep your chin up

>>26622910
Kek what? The short squeeze already fucking happened what kind of shill posting is this. Buy something else at open that’s susceptible for a squeeze like AMC or blockbuster

>>26636427
>As long as there is 1 idiot selling an affordable share they have an escape route.
You think the borrowees won't also HODL and watch it soar? Because what, they have goodwill to a fellow jew?
Fucking lmao.

>>26636563
>but that ride is going to last.
*isn't going to last

What is the evidence that these contracts will expire this Friday?

I need something concrete.

>>26636647
They might HODL a bit but probably not to an absurd amount like OP. A chain is only as strong as its weakest link, a short squeeze is only as strong as its greediest boomer

>>26636427
ah damnit, and half of /biz/ and half of /wsb/ are weakhanded retards who dont know whats going on at all. plan foiled

>>26636666
My uncle Darrell heard it from his friend yesterday

>>26622946
>Everyone
FUCK YOU KIKE

>>26636666
nice quads
these contracts are public

either I'm retarded, or pic related is the correct info

>>26636666
Options expire on fridays, that's it, thats facts.

>>26636839
Well fuck. It's eternal truth now!

>>26628035
try again melvin. next time i might believe you

>>26622946
No we're not. I'm gonna sell at $20,000 and im dragging my entire family out of poverty. I'll make sure the shit shack they used to live in is nice and toasty for you, Mr. Shekelberg.

>>26630083
in what way will they pay up like, how will the stock skyrocket? is it because they'll have an obligation to pay back shares which basically dont exist? how could they ever do that without the stock reaching infinity

Ok retard question but when this does finally blow its load and it gets to a price that people will sell ($1000+) will the increase get halted multiple times? How do I ensure I don’t get fucked by RH and miss selling at the peak or near it

>>26637463
They'll just sell and re-purchase.

>>26637138
Doesn't this mean that they'll catch on to what's happening and cancel their short options on all the other stocks like AMC and BBBY? So there would be no hope of this happening after Friday?

1) Price of GME goes over $1000 on Friday.
2) Short sellers forced to cover, declare bankruptcy.
3) Banks left holding the shorts, forced to cover.
4) FED bailout to stop financial panic
5) Inflation risks cause cash to flood into crypto.

>>26627866
ok thanks for the stock market update lol

>>26622910
If the shorties go under your fucked.
They cant buy shit if they are bankrupt.

>>26631504
to anyone reading, do this. the sooner the better. no pussying whether you want to buy or not. whatever you get will get doubled at the very least

>>26636819
Explain this to me like I'm Joe Biden

>>26626551
Why do you think they invented identity politics after Occupy Wall Street? They're fragile as fuck and a single organized strike like this is enough to cost them billions. If we organized more rallys like this against them they would've died out years ago. You think these fags care about you charging the capital? Fuck no. Now if you and your buddy got on a motorcycle and drive-by shot out the tires on all their delivery trucks tires multiple times so they couldn't make any shipments on time, now that'd piss them off.

>>26638032
>Explain this to me like I'm Joe Biden
"Do what we say or you're dead by sunrise."

>>26627629
As long as you pay attention after Friday (assuming you dont sell everything on Friday) you'll be able to notice when they die and everyone starts to leave. You could probably buy in at $400/s and still have a few hours of free fall dropping before it reaches that point.

>>26627492
Ripple effect? As in XRP??

>>26628035

It's not manipulation, this isn't coordinated
It's literally just a chain reaction of impulse buy-ins when news about their reckless shorting got out to the internet

>>26638079
KEK

>>26631375
>people will cash out at $500 probably
Never doubt the power of mob mentality, greed, and a 24/7 hype train of "WAIT UNTIL FRIDAY". It's going to be skyrocketing daily until at least friday. Still plenty of time to sweep in and make a profit.

>>26632683
There's 68.75mil shares. call it 69mil shares for brevity sake. there's 329mil americans. call it 330mil for brevity sake. If approximately 1/5 Americans buys 1 Gamestock share, they collectively can control 100% of the GME buyback price. This is hardly a prisoner's dilemna. This is more like some people tried picking up pennies in front of a steamroller, got caught, and are slowly being squashed.

>>26636085
they are based in that they do that to prevent themselves from being labeled alt-right and therefore can keep the board running. they all know its da joos deep down.

>>26635792

Friday is not the short squeeze, Friday is the gamma squeeze
The short squeeze plays out over the next 1-2 months, depending entirely on if people hold their stocks
There's a lot of astro-turf going around trying to get people to sell at a meager $1000/share on Friday

There are stocks on the exchange selling on the order of $300,000/share anons.
Selling at $1000/share is letting them off the fucking hook.

Buy dips at $100/share, don't sell anything until beyond Friday

>>26631434
The fact that they doubled down instead of taking the loss is so fucking insane and absolute market manipulation, if retail wins this and SEC or the government shuts it down just so that retail is cucked out of money im favor of Jews, then there NEEDS to be a violent revolution. They are advantage at the game and they always win anyway so when we one time beat them using their own rules and they throw the rules out the window? Yeah fuck that, no rules apply at all anymore. Blood on the streets

>>26623718
they can declare bankruptcy and buy back zero shares

>>26622910
I don't have any GME but im sending all you lads that do my energy, profit of the jews boys.

Fuk em.

broke as fuck so im buying 2k selling enough shares to break even then hold until the ride is over

>>26637573
by watching it and making a guess. two days ago people thought the peak would be the 150 that it was. well here we are now. whenever you decide to cash out dont be angry at missed opportunities

>>26633202
they buy all the shares at $420.69, return them to alender, lender sells those off, price drops, they buy the shares the lender just sold and gives them to their other lenders.

>>26637138
Most of what I was able to find is that they expire on the third Friday of each month. Your table from yahoo shows the last trading day which is the 29th. I wish I wasn't retarded, so I knew what was happening.

>>26637769
I can't believe fucking Gamestop caused the monetary revolution

>>26638824

It didn't cause it, Gamestop is just the medium of exchange

>>26638824
the 2020s are cyberpunk as fuck, so far.

>>26627865
Theyre backed by citadel and point72 now. Thats another $50b right there. Plus whatever institutions back those two.

>>26623370
when the gestalt thats powering this phenomenon smells its enemy's blood, that isn't going to weaken the gestalt's resolve, it will strengthen it. if find that they can wipe out a hedge fund or two then they will start targeting larger organizations with similar activities. there are dozens of ways to exploit suits on wall street because few of the suits understand basic math, most got to the top via social climbing.

im sad because it takes 5 days to transfer money to my webull, ive got 80 in there and i dont think it allows you to buy a fraction of a stock... im going to miss out on doubling my 80 bucks bros :(

I lost $1,800 on Monday due to cowardice and paper hands.

Tomorrow I will redeem myself in the name of my ancestors, my Fuhrer and my tendies.

Excelsior!

>>26635920
Except they have to buy back 130% of the stocks lmao. So unless namefag Chris owns the majority of the stocks...

Post em bois

>>26623539
Stop losses are how they caused the massive downward candles Monday and Tuesday. Do not use stop losses on this if you want to bleed the shorts.

The recovery on Tuesday was much quicker than before, big money is getting involved at the circuit breakers.

>>26639094
Are there any platforms we can get on instantly? I've signed up for Robinhood(error when linking my bank account), Webull(pending account), and M1(pending account)..

wat do

>>26639291
webull straight up takes over a week to get trading, it has been a bad experience. never tried robinhood thats a good idea though... ill try that i guess. other than that i think it just takes a fucking long time to trade not-crypto

fiat gets the rope

>>26639264
So? They can keep reselling the same stock 100s of times

>>26639113
Don't be a faggot. I am counting on you.

Legit question. Whats stopping them from just declaring bankrupcy and not buying the stock back?

>>26639464
if i owe $30k in student loans can i just give them $1 back and forth 30,000 times? i think they still owe the amount of stocks they owe

>>26638434
owed

>>26639275

Learn from my example, childen:

Cowards die many times before their death but the valiant taste of death but once.

I'm going back into GME with DIAMOND hands to match my cock.

Excelsior!

Damn did I miss the train for this? This is what I get for not browsing /biz/. Never done stocks in my life.

>>26639769
biz didnt know shit about this, ive been coming here for like 2 months and the faggots on reddit were cooking up an actual get rich quick scheme while these fags were watching algo climb from 40 to 50 cents

>>26629988
this is the thing, poking holes in traditional institutions is insanely bullish for crypto

>>26635455
Internet will be broken on Friday when this resolves. You'll get a little money. News media will then call it a conspiracy and white supremacy if you mention it again.

>>26639769
Not yet, depending on how much money you have to invest. You won't make nearly as much, but you can make a quick buck.

>>26639893
FUCK MY EVER FUCKING LIFE
FUCK CRYPTO

>>26639769
If you get in at market open, you may very well double your money.

>>26639908

Do we sell Friday or on Monday morning?

>>26639918
>>26639999
I've got maybe a grand or so to blow safely without it denting anything important in my account. Too little, right? If not then what is the proper steps to go about getting in on this? Robinhood?

>>26639999

Check'd

But shouldn't we wait for the first dip or after the first breaker?

>>26623539
limit order faggot

>>26640064
A grand sounds like just enough. I dunno about Robinhood. I went with TD Ameritrade.
I'm in the same boat as you, btw. So if someone more experienced comes along, listen to them.

ok i got robinhood going it looks like im able to do an instant transfer as well as putting in a trade before market. I'm cashing out of webull permanently what a shitty service.

if i hadnt gotten so fucking jewed over the last 3 months i would have still had my job or at the very least $3k in unemployment to blow on this. instead i've got $119 and finally got hired but my pay isnt for 10 more fucking days.

>>26640123
>But shouldn't we wait for the first dip or after the first breaker?
A dip isn't guaranteed
I would say to be on your trading platform at 9am and be ready to rock and roll when the bell rings, just in case it starts skyrocketing

>>26638428
GME is on the SEC threshold list, I just checked, meaning that FTDs (failure to deliver) have happened in .5% of borrow paybacks and it some have extended T + 13 or more. Their existence on the list means it shouldn’t have been able to double down, as it serves as a warning to the entire maket and all participants that there are short problems currently happening. It also changes the rules for shorts until the company is taken off the list. The SEC should be looking at this.

If i buy one share for $200 or so now, how do I make money on it if robinhood takes 5 days to withdraw money from my account? Is it looking like it'll still increase in value in a week? I've never done this and mostly like it for the meme but if i could make an extra $200 to fix a recent financial trouble that would be cool

>>26630724
sell limit

>>26622946
kike shill

>>26640276
bro making money from stock increasing has nothing to do with how long it takes to withdraw the money after. you can put in at 200, sell at 500, cash out in 5 days

>>26640064
too late; get on the AMC hype train
$1000 if $AMC goes to $100 is $100'000

you won't see that with GME
t. texas anon

>>26640276
You're beyond help, back to /v/

>>26639604
this comparison doesn't work, as the value of dollar remains constant in your example.

Look at it like that:
A owes B 10 apples, but there are only 6 apples in the game, and C owns 5 of them, and he asks 10.000.000.000€ for each.
As long as A owns at least one Apple, he can sell it to B for 100€. Then rebuy it from B and sell again for 100€. This way, he would only pay 1.000€ to settle his debt.

>>26640296
>$10k

>>26636050
>What's stopping firm A, who knows the situation, from selling a whatever price they feel like?
Firm A has other clients who will eagerly await to see how they react in this situation. If they fuck over a client in a difficult position, it will not go down well with the rest

>>26622910
If all of these autist sit in one place and don't sell below $1000, none of them, then they have to definitely buy at $1000.

Whats the point if they already filed bankruptcy?

>>26640341
AMC is not turning around like GME. Sorry

>>26640276
If you’re even remotely worried about $200, stay clear of this and trading in general. I think if nothing too bad would happen in your life if $20,000 evaporated is when you can dip your feet into the pool.

>>26638798
Top-left
>Call for January 29, 2021

>>26622946
fuck you kikes. 100k minimum before I sell my first share. i want to see jews suiciding themselves this weekend.

>>26640171
Thanks m8.

>>26640341
Good call. I was just looking at it. For a literal beginner, what sort of tips would you suggest I hammer into my head? Do I just do robinhood/ameritrade and link my bank account?

>>26640349
this assumes that all short sellers have personal relationships with their specific lender. if you owe some random fucking lender 500 shares, you're not going to be able to give him 1 back and forth for the same price. He needs more than 1 between the 2 of you, he needs 500. The problem isnt that god is watching and needs to see him do 500 transactions, it's that he owes 500 distinct shares. The lender isn't going to just keep selling a stock thats skyrocketing back and forth at the same price if money could be made by demanding higher prices, they have the same incentive we do to fuck melvin over

>>26640407
Probably because short-sellers want to kill two birds with one stone: divert people from buying GME tomorrow at open, and to pump AMC in the short-term so they can open up positions at a higher entry point so they can ride it to $0 and leave retards holding bags.

>>26622910
No u fuckwit. They will buy at whatever the book order asks are. It won't go to infinite. It depends on all the participants. It's not one guy who is selling, it's multiple people and the ask value average out following rules of probability and randomness. Even though they act like one being and don't sell below let's say $1000, SEC would force them to sell at enforced value. WSB must not involve SEC.

>>26640425
ok kike ill keep doubling my $500 total savings in crypto whenever i need money

>>26623211
$6,000,000 fren, lets make it another holocaust, a real holocaust this time.

>gamestop brings their game to a stop
Bros, this just went international!
Check the comments on etoro faggots!

https:// etoro.tw /39nxsv6

FRIDAY IS THE GAMMA SQUEEZE
SHORT SQUEEZE PLAYS OUT OVER NEXT 1-2 MONTHS
BUT ONLY IF WE HOLD THE STOCKS

CITADEL TRYING TO SHAKE STOCKS OUT OF PAPER-HAND INVESTORS, THEY BROKER ROBINHOOD AND CAN SEE YOUR STOP LOSSES!
REMOVE YOUR STOP LOSSES!
THEY ARE TRYING TO TRIGGER CHAIN STOP-LOSS SALES TO REBUY SHORTED STOCK!
THEY ARE TRYING TO ASTROTURF FOR SELLING GME AT $1K/SHARE ON FRIDAY, DON'T DO IT!

DON'T SELL ON FRIDAY!
FRIDAY IS THE GAMMA SQUEEZE, SHORT SQUEEZE FOLLOWS, BUT ONLY IF WE HOLD
SPREAD THE WORD TO HOLD FAST
HOLD THE BOOMER STOCK RANSOMS
AND WATCH THE TENDIES PILE UP!

>>26622946
Yeah, no. That was just people memeing when nobody was sure if it would even cross $100. I'm betting $800+ EOW. If people really do sell at some meme price and it tanks, I guess it'll be fitting.

>>26640349
This assumes B isn't asking for an absurd price

>>26630222
Fuckin checked.

>>26640567
I just downloaded etoro today friend.
I can't place an order on GME, is it because the market is closed? From what I get you could place an order for a price and get the stock when it opens

>>26640769
how did you fund your account in less than 5 business days?

>>26640341
Can you set the price you sell it on Robinhood? Or am I just cucked and forced to accept whatever the stock price is?

gamers rise up?

>>26635455
>The federal government of the united states may litterally have to print money to buy gamestop stock from a bunch of NEETS.

I am set to buy one share tomorrow morning. And if they do pay, that is literally what will happen. Revenge of the neets. If not, I am out 2-400 bucks. I can live with that. Especially if it fucks the jews.

>>26640841
Don't know, I just gave my info and filled a formulary for non-us, after that I got the following email:
>"Great news - your account is approved and ready. You are a client of eToro (UK) Ltd, authorised and regulated by the Financial Conduct Authority. As part of the eToro community, along with over 10 million other eTorians, you’ll have access to a wealth of different ways to trade and invest. Simply deposit funds to begin your investment journey on our award-winning platform."

I have 500 usd there now, but can't place an order. Can you deposit but can't buy/sell until 5 days?

>>26626622
But isnt the lender responsible after the fact? Therefor whoever lended them the shares now has to buy them back?

>>26623539
They'll stop hunt and liquidate you if you stop loss

>>26635894
This guy looks like a faggot version of Micheal Phelps

>>26641089
Markets are closed now for one
>can set a buy order at opening rate
But I've seen they had issues on etoro with buy orders all day long, as well as the rumor etoro is already caving in to the pressure by the likes and out a hold on gamestop stock.
But market will open soon, so get in there manually

>>26638896
preem, Choomba.

>>26640489
Sure, but I doubt that Melvin had shorted 130% in one go. The hedge fund probably holds several short positions that amount to 130% of stocks. If there is enough liquidity in the market (enough people willing to sell to a certain price), the hedge fund can begin covering their short positions one after the other.

>>26640644
In real life, there are millions of stock holders, and at least some of them will be willing to sell at a reasonable price.

MUSE is literally the next GME

Realize your gains tomorrow and put them in for a guaranteed 100x

>>26622946
Just stop. Stop. Kike its getting old now, it was funny the first time now its just sad watching you kvetching. Nobody, not one person is doing that.

Will there be a market order on close friday to cover the short? Like when tesla had when tutes bought in for the snp?

>>26640552
based

>tomorrow
>GME $1000
you hold
>friday
>GME $10,000
you hold
>monday
>GME $100,000
you hold
>tuesday
>GME $1,000,000
>hedge funds are dropping like flies
you hold
>wednesday
>GME $10,000,000
>insurance companies are dropping like flies
you hold
>thursday
>GME $100,000,000
>governments are dropping like flies
you hold
>friday
>GME $1,000,000,000
>Joe Biden has been relocated to a low-rent strip mall. He is forced to wear a nametag for minimum wage and get screamed at by autistic trannies all day.
you hold

>>26640296
did you put market hours or extended hours?

>>26632141
this, these people want to destroy you for nothing more than existing.

>>26641419

Serious question here. If GME hits $1,000 come Friday would it be fucking retarded to not sell or can it realistically go higher?

>>26625261
This post glows like a motherfucker

>>26622910
If you want to not lose it all why not just read about what DMG / DMM is doing instead of being a late buyer once again.

>>26641526
Self half and keep the rest for giggles. You got your gains and keep the laughs.

>>26641526
If it does hit 1000 you'll know it's happening, dont fucking sell.

>>26641526
Just have a sell order which covers the cost of investment (i.e you buy in with 2k, sell 1-2 of your shares at 1-2k to cover it). After that hold until Melvin folds.

>>26641526
it will 100% go higher.
Look up the VW squeeze in 2008. it went to 1k and GME is way bloodier than that

>>26641276
Problem is the price. Melvin will go under if it touches $300. Unless sugar daddies pour >$14 billion in.

>>26641598
this blew up right after markets closed
people are itching to ape in tomorrow
it can hit 1k

>>26641211
Alright, this shit wont let me sleep, so I guess I'll be on the board waiting for the market to open.

>>26641653
So what will happen if they declare bankruptcy?
Will all of us GME holders be left with worthless stocks?

>>26641687
This.
I refuse to sleep until markets open tomorrow.wait out the first dump,buy in 10-20k, then cruise

>>26629543
Why not 80085

Poorfag here, I set an order for three hundred, got spooked it wasn't enough and set another for two more. Shoud I cancel and do one for five or does it not matter?

what should my buy order be at? surely there will be a sharp dip early

>>26641526
It can theoretically go to infinity as long as they are forced to buy it and we aren't forced to sell it and the company doesn't declare bankruptcy or some other trickery. As long as the holders have the majority of the shares they are in charge. These motherfuckers got caught with their hands in the cookie jar because they were so fucking greedy that they couldn't just be 100% sure that gamestop would go under, they had to be 130% sure.

>>26641730
I need to know the answer to this

>>26622910
Should we dump at $1,000+?

>>26641730
No, Melvin must liquidate their assets to cover the short. Then their broker who issued must cover, then insurer if broker can't. Afterwards the Fed steps in but realistically the broker (Citadel) can easily cover unless the price hits some insane value like $10k (it won't).

When you short you borrow money now to buy the stock (and then sell the stock) then pay back later at the market price. They could invalidate the contract which would be entertaining to see.

>>26641808
>the company doesn't declare bankruptcy or some other trickery
They are a kike hedge fund. Of course they will try some tricks like that.

>>26623030
>Name field

>>26636050
Firm A is probably happy with an instant 5-10% return and the short sellers will prefer that over filling a retard's $6969.69 sell order

>>26641687
>>26641732
Checked and keked
I bought some already, but since this shit must completely blew out of proportion, I want MOAR

>>26622946
>not $1488
as much as we're get along with reddit right now, please go back

>>26639291
I signed up for an ameritrade account and the transfer seemed to be instant.

>>26642034
You sure that your not confusing your own funds with a margin balance?

>>26641659
1k is FUD
The sky is the limit. Know why Bitcoin is priced at 30k per fucking piece? Because people bank on the fact that everyone eventually will have to buy Bitcoin.

With GME that is happening RIGHT NOW. They HAVE to buy. At any price. No way around this unless they change the rules of the game and crash the entire stock market. This is it. This is the wealth transfer we've been waiting for. And it's caused by fucking Gamestop

>>26622910
Buy and Hold, (((They))) want you to sell.
They are Trapped inside.

https://youtu.be/Xx0wvv3RclY?t=139 [Embed]

>>26642003
>>26642104
Fuck it, I'm going all in, 1k tomorrow opening.
If I lose I learn a good lesson, if not I can make some quick cash.

>>26642104
Everyone should hit up their local gamestop tomorrow and party. Fuck occupy wallstreet. Go drink champagne on the sidewalk and play demos while the stock market crashes and GME goes to pluto.

>>26642302
Ahahahah.

>>26640341
AMC and BB are kike shill psyops. Just keep buying GME. They're legally required to buy all of the shares.

>>26641889
Thank you for the answer

>>26640397
Set sell limit to $1,488

>>26642275
When you double sell half, let the other half ride to millions

>>26636162
If the govt intervenes wall st will lose any credibility it has left. either way we win. I think the fed will cover the vig.