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/biz/ - Business & Finance


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File: 479 KB, 885x513, image_2021-01-27_130232.png [View same] [iqdb] [saucenao] [google]
26658421 No.26658421 [Reply] [Original]

So, listen to this first.
https://twitter.com/i/status/1354386200157675521
He didn't say they said they covered their short positions. He said specifically "they are out of the stock".
Would there be enough liquidity for them to buy enough GME sock to cover their short position? Extremely unlikely.

What can one do in their situation to limit loss?

Maybe they paid another fund to take over their short position. Then it would be true that they "are out of the stock", but people would assume the positions are covered and panic sell when the shorts are not actually covered. The loss for that position would then be limited, and the fund that was paid to take over the position can cover at less cost than they were paid to take over the position, getting a profit. Meanwhile Melvin capital limits their losses to whatever they paid that other fund to take over the position for.

The news that Melvin is "out" is likely a clever true but misleading bit statement.

Someone should tell wallstreetbets.

>> No.26658544

Wall street bets realized this was a scare tactic created by the shorts to scare them into selling. They are responding by buying more.

>> No.26658954
File: 662 KB, 688x662, 1605146082299.png [View same] [iqdb] [saucenao] [google]
26658954

This is some advanced kikery

>> No.26659022

new posts on wsb are being shutdown. That's why i love this place.

>> No.26659148

IM NOT SELLING YOU HEEBS!

>> No.26659167

>>26658421
So basically they're still in debt but they somehow managed to minimise it? But then again how much did they for that other fund. I'm a dumb kike so.

>> No.26659245

>>26659022
Go back

>> No.26659309

Please my lords and savior Jesus Christ. Make it to GameStop crashes the entire fucking economy so gold and silver owners are all that’s left.

>> No.26659332
File: 415 KB, 828x1316, 6994B4DA-8B7E-4A8B-8992-FE22B826DD1A.jpg [View same] [iqdb] [saucenao] [google]
26659332

>>26658421
yup, did these fuckers ever consider that you can close a position anytime before expiration? This isn’t fucking europe!

>> No.26659347

HOOOOOOOOOOOOOOOOLLLLLDDDD NIGGAS TWO MORE DAYS

>> No.26659374

>>26658421
its really funnny how reddit is superior to biz

they hold the lines on GME like fucking chads because (even if its onions plebbit) they know who the fucking enemy is.
biz on the other hand, while knowing perfectly about the nose, drowning in disinformation and distracting shills, shits itself over some STOCK MARKET VOLATILITY.

4chan and especially biz became a fucking joke. who would have thought that plebbit is that much fucking brighter than the goys on 4chan. well how times have changed.

>> No.26659427

>>26659332
They would need to buy 130% of the stocks.
The outstanding loans are still over 100%

>> No.26659463
File: 81 KB, 426x639, 1611708661047-asp.jpg [View same] [iqdb] [saucenao] [google]
26659463

lads should i dump my crabbing pmg etfs and miners and go all in on a gamer meme? which meme lads? if there IS a collapse because of this epic gamer move, which ETFs or Stocks
could I go all in on as a safe haven?

help me chads, I made good money on WORKHORSE and I want to make a hail mary

>> No.26659493

>>26658421
Sounds like someone bad is getting fucked either way, KEEP GONIG

>> No.26659514

>>26659463
Gold and silver and chainlink

>> No.26659527
File: 288 KB, 1440x3040, Va87Ot1.jpg [View same] [iqdb] [saucenao] [google]
26659527

>>26658421
confirmed LIE

>> No.26659544

so basically
>CNBC releases fud to help hedge fund bros
>GME crashes from 350 to sub 200
>WSB sees through the lies
>Keeps buying
>Price already recovers to 250

Yeah, this won't ever stop until the SEC shuts it down.

>> No.26659594

>>26659527
SHUT IT

>> No.26659637

>>26658421
they could literally sell ONE short and claim that shit without lying.
Don't get played by the .1% again.

>> No.26659648

>>26659514
I missed the Chainljnk boat, I am already all in on rare metals, gold and silver miners and bull etfs

I need to make a play on these memes and then buy back in to these crabbers

>> No.26659731

>>26659527
i still dont understand the "days to cover" meme

>> No.26659762

>>26659648
I’m with you on that, I still may buy into both gme and amc to ride some of that normie hype.

>> No.26659803

>>26659648
nickel, copper, lithium and graphite memes too

>> No.26659867

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

>> No.26660040

>>26658421
I just don’t believe it, desperate times call for desperate measures

>> No.26660138

>>26659867
you zoomer hedge fund shills should really spend some more time lurking before you try to FUD on here.

>> No.26660163

>>26658421
CNBC will keep reminding us Melvin is out every $100 price increase. topkek

>> No.26660275

>>26660138
Mate, I've seen this copypasta like 40 times now I'm not even joking. They started spamming it yesterday. Also, keep buying those precious stocks.

>> No.26660300

>>26658421

If they close out the position the would buy calls to offset it I think, which would mean the position would be settled in cash rather than with stock.

>> No.26660438
File: 560 KB, 1253x717, 149100758027.png [View same] [iqdb] [saucenao] [google]
26660438

>>26658544
AHAHAHAHAHAHAHAHAHAHA I KNEW THIS WOULD HAPPEN, THEY WILL HAVE TO BUY AT A HIGHER PRICE LMAO MY SIDES ARE GONE

>> No.26660556

>>26660300
they’re just gonna fucking straddle, you can’t out jew the jew in their own game

>> No.26660653

>>26658421
CNBC, Citron guy on youtube/twitter, increased botposting and copypastas by suspicious accounts.

Yeah, it's their manufactured FUD.

>> No.26660851

>>26659867
t. Melvin Capital

>> No.26660888

>>26658544
kek
I can't believe I'm saying this but reddit is so fucking based right now

>> No.26661254
File: 45 KB, 479x479, 1599186758694.jpg [View same] [iqdb] [saucenao] [google]
26661254

>>26660556
>you can’t out jew the jew in their own game
if some retard failed artist from Austria managed, we can, too.

>> No.26661444
File: 420 KB, 930x820, Screenshot_20210127-124618_Chrome.jpg [View same] [iqdb] [saucenao] [google]
26661444

Alright I never ever go into investing because I'm way to busy to learn about it. However recently with the Gamestop shitshow I've learnt about short selling. It's already been explained by screencaps on other threads but here's the creme de la creme that I learnt.

YOU CAN FIND OUT WHICH STOCKS HAVE BEEN SHORTED THE MOST. I thought this was a secret because I don't know shit. But now that we can see which stocks kikes are shorting

WHY DONT WE FUCK THEM pic related shows only GME at above 100% apparently they tried short 260%. Idk how effect it will be below 100% but if we wait and do this GME shit all over again with the stocks kikes are shorting the most we can fuck them

>> No.26661582

>>26661444
link?

>> No.26661748
File: 282 KB, 623x443, transparent.png [View same] [iqdb] [saucenao] [google]
26661748

>>26660888
Trips confirm

>> No.26661782

>>26661582
Here you go anon
https://www.highshortinterest.com/

I've never traded in my life but I have a grand to play with technically. What should I do? What apps do I use? Do they take a cut and which ones take the least? I don't trust search engines, I'm new and I want the honest truth.

Btw do I have to pay taxes on this I'm from the UK

>> No.26661870
File: 193 KB, 1080x748, tempFileForShare_20210127-074833_94489964806089.jpg [View same] [iqdb] [saucenao] [google]
26661870

>>26659594
DOWN

>> No.26661924

>>26661444
>>26661782
>Database last updated on January 23, 2021
I don't know how reliable this is today

>> No.26661929
File: 35 KB, 400x460, 1610922698241.jpg [View same] [iqdb] [saucenao] [google]
26661929

>>26660888
Indeed, they are. Keep buying, lads.

>> No.26661947

>>26661782
Register on IBKR, it will take a week probably.
You have to pay all the taxes.

>> No.26662057

>>26661870
Time to halt. The markets are supposed to transfer money from the goys to the chosenites, not the other way round.

>> No.26662089

>>26661444
This is very antisemitic

>> No.26662163

>>26661254
he didn’t play the jews game tho, he created a new one with gas chambers

>> No.26662392

>>26660888
Checked

>> No.26662739

>>26659731
basically they have X days to cover the short by repurchasing options (for current market prices) or they can wait til the deadline and basically shovel over the fair market value to the people who they "borrowed" the stocks from in the first place.

Basically, they're already 6 feet into the grave and deciding if they wanna keep digging.

>> No.26662788

>>26661924
What site shows the updated versions

>> No.26662924

>>26662788
a platform where you pay 1k a month

>> No.26663349
File: 917 KB, 1322x1625, GABE.jpg [View same] [iqdb] [saucenao] [google]
26663349

STOP BUYING! Gabe has a vacation home under construction, you people are hurting a humble man

>> No.26663395
File: 104 KB, 658x658, 1p5ljd.jpg [View same] [iqdb] [saucenao] [google]
26663395

>>26659867
Good

>> No.26664290
File: 8 KB, 256x264, 1463993349419.gif [View same] [iqdb] [saucenao] [google]
26664290

>>26661870

>> No.26664352

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

>> No.26664474

>>26661444
If you target the ones with the highest ratio of share outstanding to float you can really fuck them. The higher the ration the stronger the squeeze. The irony is shorting dead companies is basically the easiest free money for these funds with little risk but it does force lay off and in the long run get people laid off or let go in the company they are hastening the demise of. They never have any one keeping them in check. Look how greedy these kikes are. 138% short interest? Its insane. On top of that you have SPCE, FIZZ, and a few others nearly at 3 to 1 ration of SI share outstanding to float and tons are 2 to 1. I wonder how many funds pulled a Melvin and bet the entire farm on shorting a single asset lmao. Seriously the irony they pulled a "Melvin" as it will be forever known.

>> No.26664526
File: 224 KB, 546x300, 1605797697331.png [View same] [iqdb] [saucenao] [google]
26664526

>>26660888
dammit kek has spoken, reddit gets a pass today

>> No.26664584

>>26660888
checked

>> No.26664675
File: 30 KB, 500x500, 0bc.jpg [View same] [iqdb] [saucenao] [google]
26664675

DUBS AND THE ECONOMY CRASHES

>> No.26664803

>>26661782
Robinhood charges no fees for buying and you can get up and running and buy GME in under 1hr if you inject 2000 into your account immediately

>> No.26664819

>>26664675
Checked.

>> No.26664875

>>26664675
dummy

>> No.26664902
File: 21 KB, 625x626, Bait never changes.jpg [View same] [iqdb] [saucenao] [google]
26664902

>>26661870

>> No.26665290

>>26664675
ROLL

>> No.26665311

EVERYONE SELL FAST THE BOGS ARE INVOLVED

>> No.26665333
File: 21 KB, 400x615, 1611514492042.png [View same] [iqdb] [saucenao] [google]
26665333

>>26660888
I agree. Reddit hands are diamond. deepfuckingvalue has been sitting on this SINCE 2019. 2019!!!!! When the share was $0.50. He bought $50k of calls with a 1.5 year expiration date. He' now worth over $30MM on this with DAILY 8 figure fluctuations.

And you /biz/ pajeets are folding like chairs when your $500 investment goes up/down $50 bucks.

I'm ashamed to say the real men went to reddit and the women stayed here. T'was not supposed to be this way anons.

>> No.26665383

>>26664675
>Dump it

>> No.26665394
File: 31 KB, 620x316, Screen Shot 2021-01-27 at 8.47.01 AM.png [View same] [iqdb] [saucenao] [google]
26665394

>> No.26665472

>>26660888
checked. gamestop should start a streaming service and release a documentary on r/wsb as their first feature

>> No.26665502
File: 1.51 MB, 326x275, 1586435157699.gif [View same] [iqdb] [saucenao] [google]
26665502

>>26660888
Impressive digits and wisdom.

>> No.26665517

>>26659309

Yeah but do you actually own physical gold and silver or some dumb etf?

>> No.26665558

REDDIT GET THE FUCK OUT

THIS BOARD IS FOR MEMECOINS ONLY

>> No.26665592

I checked FB today and saw the most low IQ niggers I have ever known bragging about making money on GME. And with all of this Melvin fud, i'm starting to feel like this run has gone on too fucking long. I mean when literal niggers start making money off the kikes, I don't think you should be.

>> No.26665651
File: 1.33 MB, 1537x1536, 71B6BED6-874C-4E99-A776-D0D77D57D4CD.jpg [View same] [iqdb] [saucenao] [google]
26665651

>>26665311
>buoy eet

>> No.26665751

>>26664352
get the fuck out nigger

>> No.26665840

>>26659374

dude, half of us came directly from /b/ and you should know how btards are

>> No.26665898

>>26660888
wsb isn’t like the rest of it

>> No.26666191

>>26665651
>he bought
>bump it

>> No.26666394

>>26665333

One of the last made it chads left here. Wsb was always about stonks and /biz was about crypto. Sadly the shilling and pajeetery has killed this board. There is simply no quality control.

Good news frens - we now have satoshibets on Reddit. The torch has been passed.

>> No.26666706

>>26659637
doesnt being 'out of a stock' mean run out, as in they don't have any?
since they short sold in the first place this was always true. they don't need to be out of the stock, they need to buy them all back.
>verbal trickery
is definitely in play here somehow

>> No.26667116

>>26661782
>but I have a grand to play with
try this:
https://www.youtube.com/watch?v=pV-4HH6BxY0

>> No.26667229

>>26665333
DFV will for sure turn out to be an institutional involved with this whole plot. Made out to look like a grassroots guy that is then used as a simple, memorable lightning rod fore veryone to rally around
meanwhile it was just the creation of some gigantic other firms who have been planning this since they saw how overshorted GME was in 2019, and having the foresight that reddit/4chan trading communities would be easily manipulated into helping

>> No.26667358

>>26659245
It's time to stop posting

>> No.26667412

>>26667229
If you follow DFV's posts he is.. way too confident for the entire duration of his updates. He/THEY (b/c its probably an ultra powerful GROUP of people behind this whole thing) know that this scenario right now was a certainty the entire time.

>> No.26667520

>>26667412
Just go look at his replies to people over the past cpl years and how he's constantly just like 'Oh yea, we'll see" basically to all the doubters. The people behind that account knew they were gonna win big the whole time.

>> No.26667781

Guess what

I'm never fucking selling.

Not at 1$ not at 100$ not at 1000$ not at 1488$

I'm never fucking selling

>> No.26667787

I wouldn't be surprised Melvin longed a while ago and we were just retards paying him back.

>> No.26667846

>>26659374
It's because losers hang out on 4chan. The type of people that believes the world is out to get them, that they don't deserve to make it. High IQ people with low self esteem/self worth.

Self worth beats IQ.

>> No.26668088

They might as well remove my shares from the float since I'm
NEVER fucking selling

>> No.26668196
File: 342 KB, 720x802, 1611690554829.jpg [View same] [iqdb] [saucenao] [google]
26668196

>>26658421
melvin didn't own all the shorts for GME
I think it was only 7% of total shorts
1 hedgie down
dozens to go.
I AM NOT A STONK EXPERT

>> No.26668197

>>26658421
Could be dangerous if one of the big whales with long positions now too own the shorts, ie Blackrock or Vanguard which own 12% and 7.5% respectively.

Honestly I can see the big HFs team up to stomp the peasant uprising. They could earn billions by squeezing but the long term consequence to their own industry is risky.

>> No.26668214

>>26667781
Based

>> No.26668252
File: 2.87 MB, 4032x3024, A301D2AE-E586-4853-BE02-AB1041AB1FCD.jpg [View same] [iqdb] [saucenao] [google]
26668252

>>26665517
cryptopmg here. Yeah we own gold and silver as well as bitcoins and stonks. Here for the chaos

>> No.26668255

>>26659374
>they know who the fucking enemy is
Patently wrong, this is just a broken clock is right twice a day kind of situation.
R*dditors think they're sticking it to yt; any mention of noses is verboten.
However, as always, let Reddit take the credit. Let /r/WSB get flooded by retards that can hardly count, much less play the market. The less normalfags coming here, the better.

>> No.26668291

>>26660888
Double trips of truth

>> No.26668327
File: 1.78 MB, 350x255, 1598609830601.gif [View same] [iqdb] [saucenao] [google]
26668327

>>26660888

>> No.26668381
File: 122 KB, 588x500, 11.jpg [View same] [iqdb] [saucenao] [google]
26668381

>>26659374
Nice strawman, douche.
Why are you even posting, nigger?
You're just another shill loser talking shit into an abyss of shit.
Go back.

>> No.26668428

>>26660888
Holy trips confirm it, WSB is based AF.

>> No.26668475

>>26660888
>88
Checked, kek'd, accelerate, and buy more GME!

>> No.26669009

>>26658421
So can these people just straight up make billion dollar lies in attempts to manipulate the market then?

>> No.26669104

>>26659374
been on 4chan for 3 years and was on reddit for 6 months prior.

honestly, i fucking agree, a lot of /biz fags are inbred faggot incels. lots of welathy lurkers on both forums but /biz is too obsessed with this primitive tribal mentality bullshit would rather fight 'muh normie redditors' than actually unite and do *anything* meaninful.

t. will still lurk on /biz because of lulz and diamonds in the rough but reddit has cucked biz hard on this one.

>> No.26669536

>>26669104
totally agree with everything

>> No.26670344

ITS DIPPING ITS DIPPING

>> No.26670749

>>26667846
>>26665333
thank you both for posting this. im gonna have a long think on it

>> No.26672001

Hey fellas..out of the loop here,.. Why is the squeeze on Friday? If I were short, why would I cover the short now? As well, those hedge funds are all electronic trading. Those shorts already covered as the price spiked. The amateurs are speculating without true knowledge of the short balance. The amateurs will likely be caught holding $250 shares in a $10 bankrupt company they can never recover from.

>> No.26672779

>>26672001
lot of amateurs don't care
i have no skin in the game but seems to me the wise play would be to short right now. since this shit ain't worth 300. short with like 2 week - 2 month contracts. I have no idea how to do that or if that's a thing but pretty sure it is.
Just the logical play here. Price is gonna dumpster from 300, over 2 weeks probably, as well as probably wayyyy more over 2 months, 6 months, etc.
Short this shit now if you have big brain like me

>> No.26672937

>>26672001
if you own calls, your praying the price stays high on friday closing

if you own shares, you should be selling before friday closing so not to bag hold on the option trader behalf

most people have no idea what their doing however

>> No.26672972

Thanks for the 2x, I sold kek

>> No.26673755

>>26667520
Nice fud

>> No.26673761

someone has the meme of you cant lose if you never sell?

>> No.26673979

>>26672937
No, hold it monday at the least

>> No.26674145

>>26672779
Hold to at least Monday, probably longer

>> No.26674235

>>26659867
jew nigger judges tongue my anus

>> No.26674884

>>26669104
go back to projecting over there, "honestly"

>> No.26675008

>>26661444
Make this into a regular general and im on board with it. Fuck the Kikes General /FKG/

>> No.26675245

>>26659374
Reddit is normalfag Chads going haha #YOLO, 4chins is packed with paranoid neurotics. What did you expect?

>> No.26675758
File: 497 KB, 800x425, Never-Give-Up.png [View same] [iqdb] [saucenao] [google]
26675758

>>26660888
This is definitely their win. I'm proud of them. Hodl the fort bros, You guys are all gonna make it!

>> No.26676831

>>26659514
chainlink is a centralized pedo cult. Just like eth and dot.

>> No.26678178

>>26664803
robinhood sells your trading info to the hedgies to pay for the trading fees. DONT SET A STOP LOSS. the kikes will liquidate you and you wont even know it's happening.

>> No.26679100

>>26659374
How can a site I'm banned on be that good?

>> No.26679230

>>26676831
Source?

>> No.26679281
File: 194 KB, 1078x2396, Screenshot_20210127-101048_Robinhood.jpg [View same] [iqdb] [saucenao] [google]
26679281

CLF cheapies boys

>> No.26679434

>>26679281
shut the fuck up Melvin.

>> No.26679600
File: 86 KB, 635x642, 1604368555678.jpg [View same] [iqdb] [saucenao] [google]
26679600

>>26660888
trips of truth, wallstreetbets is an ember in a sea of darkness

>> No.26680127

>>26659374
I’m here to make myself money, not anyone else. I hope you all starve on the fucking streets while I’m in a mansion. Play for yourself, no one else you dumb fuck.

>> No.26680715
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26680715

>>26659374
/biz/ is still the breeding ground for all of the ideas though.