/biz/ - Business & Finance

>>26776495
AMC next

AMC and GME both, I wouldn't do just one

>>26776495
Buy high sell low

>>26776495
I'm sticking to the sideline on this one but I think tomorrow will be in play on momentum and "those fuckers tried to censor us" anger

And then Friday for either glorious moon or the megabears muster a big enough martingale bet to short it back down

>>26776495
NOK is the safest longterm meme stock right now, the rest are failed companies.

https://www.youtube.com/watch?v=rloNvQ0diwE&ab_channel=evilicious

>>26776825
What’s the point of this? Market is up big from Feb 2020.

Nothing matters other then GME do not listen to this FUD misdirection....

>>26776495
dont fall for shills the rise has only begun
Join the cause anon its time to RISE UP

>>26777114
the market fell 50% in the three weeks after this tweet, a situation that likely would have caused retail investors following his advice to panic-sell at a loss, and certainly would have led even strong-handed investors to miss out on a great deal of profit that could have been made buying the dip

>>26777120
>>26777135
I'm thinking this is the best advice.

>>26776495
the question you should ask yourself is: what is more likely, GME to $600 or AMC to $30?

either will double your money

>>26776495
Buy buy buy! Great stock! Don't let them distract with other stocks. Focus on GME only. Put everyfucking thing in it now!

>>26776495
Not too late. It’s short float is still over 100% which means shorts will be forced to cover this Friday right before and after market close which will skyrocket the price like last week. Shorts are hoping people sell or profit take so they can cover their shorts at a lower price. To win against them, buy stock, not contracts and hold it!

MUSE is the next 100x

>>26776495
>We must secure the existence of gamestop and a future for video games
Buy gamestop if you care about your future

>take out loan
>buy GME
>????
>PROFIT

LMAO SEEMS LIKE I FOUND TOP GEM
>DDIM GOT 24$ JUST FOR A WEEK
NEW AMAZING MINING SYSTEM
STAY POOR I WILL GET IT

Does anyone have the meme that says basically "you did everything right, harvard undergrad, bane, wharton mba, finally made your own practice and you get fleeced by a bunch of tenders eating his dropouts"?

>>26778956

>>26778956
Gabriel plotkin is going to sleep in a $50MM beach house tonight but hey $100 is $100

>investing 10k to GME for 25 shares
Fuck it, either I can afford to buy a house, or go broke!

>>26776495
At this point it's radioactive. Don't put any money anywhere near GME that you aren't OK with losing.

>>26779723
>>>26776495 (OP)
>At this point it's radioactive. Don't put any money anywhere near GME that you aren't OK with losing.
Agreed, it's 100% gambling at this point.

>>26779585
BASED

>>26779723
>>26780146
fucking tards. do you know what a short squeeze is? this is literally guaranteed money. there has never been a safer buy in history

>>26780826
At some point it's going to come back down, and when it does, it's going to come down HARD. Unless you're doing nothing but keeping up with the stock price with your finger hovering over the sell button, getting in right now is just begging to get fucked.

>>26776495
dont put more than a tolken 1,000 into it

you will most likely lose it

>>26778956
>>26779053

>>26781038
at the very least you'd have about a week (see volkwagen 2008) of notable highs. though more realistically way more considering the far more absurd 14-% short position compared to volkswagen's 12%. there's plenty of time to check in and sell. not getting in right now is just begging to get fucked.

What does this mean? Never seen it on my trades before

>>26781983
*140%

>>26777135
this GME 1st, AMC/NOK secodn. GME is the movement.

I don't think game stop is ever coming down. Retail investors are buying up. Say if 1 million people buy at $200 or whatever price target. They will continue to hold even after it drops. Retail investors are not algorithms that trade automatically. They will be millenials that know what they got. If the shares they bought was throw away money, why would they need to liquidate? They could hold indefinitely if they really wanted to. There isn't sale limits in place automatically doing trailing sales. Retailers are not that smart. It's not going to be a quick end like Porsche. This is a million people, working, doing errands, different thoughts.

Worst case scenario, it drops to maybe 50-80 which could be a healthy enterprise value of revenue times X. Best case scenario, it remains overpriced $150-$300 like Tesla following no fundamentals. With the only people left holding the trash bags being the shorters.

Disclaimer: This is not financial advice. I exited at $330, but may by tomorrow at the dip with throw away gains.

its not too late normie robinhood deposits dont post till mondzay

>>26776495
It's not too late yet, hedgies will will throw every trick in the book at us, we'll need every penny to hold up till Melvin Capital's shorts expire, that's when the moon'll happen.

>>26776495
What stock broker would you recommend for a beginner?

>>26777135
THE FIRE FUCKING RISES
DESHI DESHI BASARA BASARA
DESHI DESHI BASARA BASARA
DESHI DESHI BASARA BASARA
DESHI DESHI BASARA BASARA
DESHI DESHI BASARA BASARA
DESHI DESHI BASARA BASARA

i basically bought the top yesterday.

realistically who knows what will happen, the real stock market is crooked as fuck and there's a real chance they'll get bailed out. that said, it could swing the other way -- and this is all entertaining as fuck.

as always, just don't invest more than you can lose. i put enough in that i'd be disappointed if it went to 0, but it's not the end of the world.

>>26776495
Don't put more than a trivial amount of money the risk on that is so insane, and in all likelihood it's fucked. You can be part of history though if you like do it.

>>26779585
accelerate!

Wanna know what would really fuck with the hedgies? If everyone who bought GME also bought like a couple new games from their local GameStop. Think about it. Most of the CNBC boomers are complaining that the GameStop stock cant support its price, and it has no fundamentals. Increased sales and public awareness will help create a better floor for GME tendies, and helps fuck over the short bet that the store will fail.
>Do the math; 100,000 units at 60 USD is 6 million in sales.
If it all goes belly up, well, at least you have some fun games to play

>>26781828
>2s
>screenshotting yourself
>no replies

are you stupid? gamestop will fall down so hard, it is no tech company or a big player like volkswagen lmao

>>26782250
buy back in pussy faggot

>>26779585
Based lunatic. Godspeed, I hope you win.

>>26782863
This is the thought. I made like $4K. Going to buy myself a PS5 when they go back in stock from gamestop and maybe reinvest $1K to throw away and see what happens.

>>26777110
blackberry is set up to become a phoenix, as well as GME was before this crazy run up due to cohen wanting to push them in a 21st century direction.

>>26782101
>GME 1st
>AMC/NOK 2nd

bought all 3 lmao. LET THE MONEY RAAAIN
GIMME DOUGH FUCKING KIKES

>>26782893
It'll fall hard on the surface of the fucking moon, riding this bitch to infinity.

>>26779585
You're so fucking based.

>>2677830
>>26778304
but won't they just sell upon being assigned the shares? how are we to compete with them in after hours if we are jumping ship?

Can i invest my 401k money through net benefits?

How low do you think it will dip tomorrow? ie what should I set my limit order to? Think it'll be back down to 250?

>>26782863
Fuck off gamestop corporate shill your business is garbage and only a tool to make me rich.

>>26783275
Fidelity I meant

>>26779585
Baseda

REMINDER:
Don't listen to shills and glowniggers. The stock only drops if you bitch out or if the government decides to void it brazenly, which would be so big a redpill even normalfags couldn't ignore it.
Buy GME or AMC if you can afford to throw away some money and hold it. We can literally take back all of the money stolen from us by ((them)).

Can anyone recommend me a decent broker to start buying stocks with?

>>26783376
If I toss 30 bucks into it, will I see profit?

SKT is yet to reeeealy pump out of the meme shorts

>>26783386
Robinhood if you're murican.

>>26777387
So amc then? I just feel the meme power of gmc makes it safer

>>26783386
Tastyworks they have a deposit $2,000 get 100 shares of a random stock for free promotion google it

>>26776495
i seriously want to know how high GME could go. trying to find the best limit order to sell

>>26783453
Yeah if it hits 1k you'll be at $90.

Whats stopping someone putting their stock up for a gorillion dollars? Even though it was shorted over 100% doesn't mean your stock will sell right?

>>26783578
Set it to $∞.

>>26783631
If no willing is willing to buy at that price, it won't sell. But nothing is technically stopping anyone from setting ridiculous sell limits like that for their stock, it just won't go anywhere.

>>26782050
Who is that with?

>>26783578
Don't ask anyone here. There's a shitton of people setting the exact same limit orders and the whales keep exploiting it to make swing trades.

>it's not about money it's about sending a message

I would buy just the fuck of it if I can from outside of the US.

This is spite investment. Don't buy it if you don't or unwilling to see those money go down the drain just to make a point

How much can price fluctuate at the market open? Or within the opening 30mins?

I'm only asking because I want to buy more shares at open.

>>26782880
Lol

>>26779053

Being able to think outside the box and to innovate on thd fly are signs of a true entrepreneur.

Git gud, nigger.

>>26783732
RH wouldn't let me go outside a certain threshold. Said fuck it and went with 1K.

>>26782050
holy shit what kind shitty broker do you have

>>26780321
>>26782858
>>26783005
>>26783251
>>26783372
Thanks Anons. Not selling for anything less than 5k

>>26776495
You might make some gains but not the astronomical ones that the redditards on WSB did. I'm betting on NOK.

>>26779585
We are gonna make it anon! believe is meme magic

>>26782880
I got a chuckle.

>>26783786
I also want to know this. I'm looking to grab one, but don't know if I should set an order or just try and buy it at open manually.

>>26783858
Extremely Based

>>26783631
Absolutely nothing but the psychological barrier of doing so. This isn't the actual squeeze yet. That doesn't happen until margin call. The squeeze is COMING and they're desperate to stop it. So long as we hold until the squeeze starts we win the game.

>>26782050
It forces people who bought on margin to liquidate their positions.

>>26782164
if youre in aus Stake may be your last chance at getting in to the game

>>26783783
>spite investment
This is the biggest thing. We are doing this to hurt them. If you need to save money to feed yourself or family, save it. I put 5k in today and probably won't see a huge profit from it. It may evaporate. But this is the easiest and most effective form of sticking it to the rich kikes that there is. We may not have another opportunity to bleed the rich dry like this if the government steps in.

>>26783858
Travel well.

>>26783344
>>26783275
Seconding this question

It's never too late to keep riding the gamer train and pump IPLY (interplay entertainment). lets bring back inactive game devs

>>26783743
>>26783844
That's the Schwab interface. Not a bad broker, few outages. They haven't halted GME trading like other brokers have, but they are forcing margin positions on GME closed and preventing new ones from being opened.

>>26776495
If you have a ton of money GME otherwise AMC. Just don't get stuck holding the bag for either of them

>>26776495
AMC is the next GME Anon

>>26783331
Haha, I wish. Im just a 0 GME stake bystander. I even went out and bought the new pokemon game (used) just to support my GMEchads in their ongoing fight
Fuck the hedgies

>>26784150
If you buy into AMC hype you're stupid. Short interest is high, but there isn't enough to force a squeeze (unless retail investors can buy ~$2B worth of AMC)

>>26776495
If I wasn't already in I would buy more when it dips to $250 in the morning. EZ 50-100% flip on Friday.

>>26776495
Also if you consider that you bought just one share, at worst you lose $200-300. But you get a ticket, not for the front row, but to be part of the actual circus that is this bull run.

>>26784264
Every time it peaks shorts are buying in thinking that it can't go higher. It's a constant arms race, and there's no indication they've back down.

>>26783275
From a 401K, not really. Your fund manager will let you select different target date funds or risk based funds. You can split between their available funds, but they make money based on volume. Making individual decisions would cost them more money.

If you left your job, transferred your 401K to a Roth IRA/IRA account, then you can do what you please.

>>26784470
Firms will just wait retail investors out. Cost to borrow is still essentially nothing.

>>26784589
I will note that I have a complex straddle set up. I'll make money if AMC moves in either direction strongly, and lose ~40% if it doesn't move much.

>>26783322
I'd just keep an eye on it, when it dips buy in. Not an exact sc>>26783331
ience but I'd say 260 is a reasonable price

Tossing into $NOK and $AMC, to the moon bois!

>>26779585
I'll buy $5k as soon as I can trade brother. Ty for the inspiration u worthless faggit :*

HOLD THE LINE

KILL THE HEDGIES

>>26779585
/v/ reporting in with 5k NEET savings in fates hands
can't wait for friday

>>26783526
Isn't robinhood clamping down on AMC/GME?

>>26776945
>>26777120
>>26777135
>>26777387
>>26777956
>>26779585
>>26781828
>>26781983
>>26781038

Everyone here disavowing GME doesn't know why it's going up in the first place.

GNE is %100+ shorted out. That means there's more debt than there's actual stocks to pay that debt, which means everyone that has it will have it fucking skyrocket.

The shorts like Melvin and Citrus will go out of business and the price will moon. There's NO RISK if everyone holds. If it gets sold sub %90, then there's the risk they manage to liquidate enough to survive the squeeze and the whole thing crashes. If EVERYONE HOLDS, WE GET INFINITE GAINS. IF ANYONE SELLS, WE RISK LOSING EVERYTHING. DIAMOND HANDS FUCKERS OR YOU'LL RUIN IT FOR EVERYONE ELSE AND YOURSELVES.

THIS IS THE KIND OF EXTORTION THEY PULL ON US EVERY DAY, WE'VE JUST PULLED IT ON THEM.

The kicker? IT'S PERFECTLY LEGAL. THEY WROTE THE RULES TO DO THIS, GOYEM. BUY GME AND FUCKING HODL BOYS.

>>26784096
Well, if you're sane and normal you wouldn't be trading on margin anyway.

>>26784909
>>26785269
A day may come when the hands of anons fail, when we forsake our tendies and break all bonds of faggotry. But it is not this day! An hour of crashes and losses when the age of crypto comes crashing down. But it is not this day! This day we buy! By all that you hold dear on this good earth, I bid you stand! Fags of the net!

Anyone remember the early raids eBaum did?

>>26776495
https://www.youtube.com/watch?v=U5aGsZ0sOtU

>>26785728
so what you're saying is, I have literally nothing to lose at any point this week?

>>26785762
Here you go >>26785965

>>26785728
>DIAMOND HANDS FUCKERS OR YOU'LL RUIN IT FOR EVERYONE ELSE AND YOURSELVES.
That cracks me up but ya. Looks safe. That said, I'm scared of anything that isn't bitcoin so I just will throw like 1k tomorrow

>>26776495
Nope
It will be 600+ this Friday

>>26785970
WSB's is probably going to fuck it up on Friday or Monday with meme sells, but at the moment? You're fucking golden if you hold. Once Friday hits, the shorts have no choice but to buy back all the stock they promised. Instant bankruptcy, instant moon, instant ludicrous gainz. That's been the plan since WSB started and I fucking wish I learned sooner. I could have thrown 1200 into GME at 7 bucks a pop. Even with my handful of stocks, the gains will be ludicrous.

If we fucking hold, if we resist the FUD, we're all kings by Friday. DIAMOND HANDS.

>>26786034
your pretty based anon, see you on the other side. To a world without hedgefunds

>>26785728
Who ever believed this shit ate up stock market fairy tales lol. You think that Melvin will also call you and beg you to sell to them? At which point you will reply 'NO! only for $1488.69'!.

>>26786274
I keep saying:
sell now, king for a day. HODL, you will be an Archduke for a lifetime.

>>26777135
>unironically unable to even buy GME stonks
>AMC available but not sure if I should do it
I've been memed before, but I'm always up for a giggle.

>>26783386
Join ... robinhood * com/samuele274
>>26785410
No

>>26786330
>1 post by this ID

>>26785762
>that pic
kek. I came here to watch from /pol/ and it almost brings a tear to my eye. As much as I despise reddit, this shit is glorious. Good fucking work /biz/

>>26786274
I there any evidence that the puts are set for friday? I know the shorts are based on a credit rating with the lender, with the higher the price the lower the credit for the short seller. Could be tomorrow, could be never. I have a boner betting in a few days, and the blue balls are killing me.

how do i buy gamestop

>>26776945
when they short it down there are anons that are waiting in the sidelines to help you hold and support the line. Its not about making money. Its about sending a message to wall street at this point. Hey Melvin and Andy fuck you

Please someone tell me:
How do we plan to get past $420.69?
A lot of people are gonna sell off at that time, and im sure Melvin will coordinate with that selloff.

>>26785410
they're just fucking with options and no one is buying options anyway.

>>26783858
whic website though? Cant find GME stocks

>>26786430
It's all public info. Pretty sure tons of ITM calls are expiring that day, so I assume lots of puts are too.

>>26786578
I can't find that public info. Help a retard out, purple crayons if you have them.

>>26786330
Fuck off Melvin.

Just buy AMC, way higher upwards potential, way smaller downside potential

>>26786435
1. Make trading site account such as Robinhood or TD Ameritrade
2. Type "GME" into their search bar.
3. ????
4. Profit!

>>26786330

>Implying Melvin the only ones shorting this
Anon, listen: If you buy GME, that's one more GME that can't be repayed. Every stock they can't short, every short being shorted in the entire godamn market for GME that they cannot pay back, is going to be ponied up on Friday and then some for the sheer damage done.

The only options for them is to either go bankrupt or to shut it down and annihilate the entire stock market overnight, turning the entire US into a third world country overnight for their own protections.

They can only watch.

This is the once in a unicorn moon scenario and internet autism made it happen. It's even going international. They do this to the little guy ever single day, it's not like this doesn't happen. It just never happens for us.

This is fucking huge.

>>26786676
But it's Thursday already?

when is the best time to buy? Should I buy now at $290 or wait until the market opens?

>>26786473
I'm buying. I like rebel stuff. Fuck wall street

>>26784589
At some point, creditors are going to tell them to fucking shove it dude. At some point, they'll get liquidated and whoever sold them the dumb fucking contracts in the first place is on the hook.

>>26786571
Market is still closed, so I'll know more tomorrow anon. I just set my Brokerage to buy $10k worth of shares of GME. Which comes to an estimate of 25 by today's end price.

But if for some reason GME, a public traded stocks get put on hold, then the system collapses since it's no longer a free market.

>>26786753
Here's what I just did:

>Set limit order for a reasonable but not guaranteed lower price, in GME's case I put $260.
>Set alarm for before opening tomorrow
>Sit and watch what happens at opening to catch any dips as best I can. If it doesn't look like it will drop that far, I cancel the unfulfilled order and just buy at the lowest current price

Seems like the easiest and safest option here, I mitigate my risk as best as possible with the potential of getting a better price out the gate than expected.

>>26783043
name fag SHILL
they are shilling Blackberry so they can do a rug pull and take back a good chunk of the money they're going to lose in the next week or so.

>>26776495
My dad thinks i'm a retard for investing $100. I'll show him

>>26786396
>robinhood * com/samuele274
do I gotta prove my residence to them, and can I use a bank statement as evidence?

>>26786676
they didn't short it to nearly the insane level they did on GME. not gonna hit as hard. will probably pump a bit still, but it wont go as far as GME will overall

>>26786834
You can't demand a lent share back unless there are very specific circumstances.

>>26786489
No one has an answer for this. It will not break 420.

>>26786396
>robinhood.com/samuele274
don't work

>>26786727
I dont think videogame stonks is going to kill the entire stock market. One stock doesnt prop up the whole market

>>26787245
My dad is putting down 10k

>>26787288
You are giving a kike free stocks when you sign up under his username, just so you know.

Yeah, they'll want everything. Address. Work/occupation. Bank account, ssn, the works. That's so they can do a credit check and figure out how much you can spent before the the funds acutally reach their own accounts. I'm a poor fag with shit credit and got a $1000 limit in about 10 minutes. There hasn't been any security breaches that I'm aware of, but you never know.

>>26786757
based baneposter

Anyone using Robin Hood? Why is it that when I try to add my bank(a credit union) it just keeps giving me "couldn't connect to your institution" I had to search for my "bank" it also has an old logo that's been outdated by a few years. Any help?

>>26777387
AMC.LETS GO!
Start memeing this on PLEBBIT, make it happen kings!

>>26786489
We convince WSB not to fuck this up. Plain and simple. If the reddit crowd don't sell at juvenile prices, it'll shoot past the moon.

When they say hold, they can mean hold, or they can mean hold till meme price. We need to convince them to just hold, period. At least until Friday and the bankruptcies get filed. Once one starts going, the domino effect will be unstoppable. We're talking 1000, maybe exponentially more. Remember: theoretically infinite gains.

Obviously, someone will throw a wrench in before WE crash the entire market and end the economy, but by then? It's our printed money ripped out of their greasy hands.

>>26779585
Fucking based. I put $3000 in for 10 shares and would love to buy a house in Seattle.

>>26777292
>doesn't realize that he was predicting the dip and that it takes normal wage cucks at least two weeks to set up a brokerage acct
Literally ngmi

>>26776495
Under 300 for this is a fucking steal.
Get it if you can but you probably won't. Europe grabbed the early bird special this/last morning.

>>26787308
Those specific circumstances being you're a retard that lost faith with his lender. That's really all it takes. Market value is market value. Pay up.

Dont do it GME will drop like a rock. All rockets always come down fast and this one will as usual.

Boost the Stock to $420.69 Buy n Hold Boys

Real talk for a minute boys: Do I set a stop limit for AMC and GME or do I just watch them like a hawk? When do I say enough is enough? Do the standard risk rules even apply at this point or are we reaching levels of meme magic never seen before?

>>26787878
nice digits

>>26788142
>one post by this id
>trip fag named "Day Trader"
>scaryskull.png from google images
Hello melvin

>>26788142
Fuck off Melvin, this rocket's a one way trip, my diamond hands are denser than a neutron star.

I just want to know when to fucking sell! What day!? I'm losing my mind! My hands are strong but I'm fuarking itching!!!

>>26788142
>1 post by this ID

>>26788142
Melvin will buy our stock and we choose the price they will pay.

>>26788237
It'll take Melvin 5 days from Friday to cover the shorts. Wait till then and it's guaranteed profit, just play it by ear at that point.

>>26786489
move the decimal. sell at $4,206.90.

Ausfag here, who to buy with? Who do you Aussies lads use as broker for yank stocks??
Thanks

>>26777387
Stop dividing. Go full hold on GME. $2000 next week.

>>26788345
never. According to the autist, the Hedgies need more stocks than what is available.

>>26782880
KEK

>mfw I had GME 25c 1/29exp at 2.00 each
>mfw I sold at 4.3 each
>mfw it's worth 300+ now

I'm new to this shit and bought 1 share yesterday on Ameritrade. Can I buy another 1 now or do you have to wait till a certain time when the market opens or whatever? Can I schedule a purchase now? ELI5 me please.

>>26782250
Stop selling. Hold until $2000

>>26788579
So if I understood that right:
Hedgers already can't afford to buy every stock, but need to buy more as it's issued or re-sold and purchased???

>>26787878
Witnessed truth

>>26788547
bumping this and the thread for fellow ausbros

>>26785762
Kek, you did good anon, you did good.

>>26784470
It's so badly shorted that the price will rise 10 times higher

>>26785954
Pools closed due to aids.

>>26788142
Melvin

>>26788776
Currently opening an account with Commsec, just because that's pretty standard. Are there any other options for Ausfags though?
Anything that helps out fellow bros is fine too.

>>26788714
if I understand the event yes. By buying and holding. We (the common man), will corner the 1% into forever being in debt until they can buy back all the stock they promised. If we hold, the demand will keep increasing as their interest to pay back increases. Making them actually offer ridiculous amounts like $5k per stock just so they can get out of it.

This only works if everyone holds though

>>26789021
Where will they even get the money to pay us?

>>26788706
Have to wait until opening in the morning but you can schedule an order now if you wish. I recommend doing a limit order in that case so you can set the highest price beneath where it closed last that you're willing to pay.

>>26776495
New to this

How come on google the GMT stock is paused at 4PM when it is around 2:30AM in New York?

>>26789159
that's the beauty of it. The Hedgefundies will have to sell the mansions, yachts, businesses, or have be bailed out by the government - or just declare bankruptcy and the stocks deflate and we get nothing. Well, not nothing, a world without Hedgefunds.

>>26782893
It won't fall if people hold because the demand is guaranteed from overextended, desperate short sellers who need to close out their positions.

>>26789252
Stock can only be sold within trading hours, which are between 9AM and 4PM. After 4 trading closes for the day.

>>26777292
That's because of the chink flu faggotry.

>>26776495
Buy it there are untold numbers of people that will be buying more GME at open don't fall for the kikes tricks.

should i do a limit order right now for tomorrow or wait till a dip tomorrow morning?

>>26786727
>inb4 kike shill
Shut up nigger GME is barely worth shit this might end up taking down a few hedge funds and in the process ending the careers of everyone involved for racking up huge debt on margin and getting btfo. It won't take anyone big down. And Friday won't necessarily be "the short squeeze." Theres talk of a gamma squeeze which should boost prices if the next two days are pumps and everyone options finish itm. Beware that Kikes will take on more debt to roll out their shorts if they can get away with it and they have tricks up their sleeves still. I am worried about twitter normies, trannies on some gross commie site called chapo.chat, and the redditors who were all fomo'ing as wsb kept hitting the front page could easily trigger a sell off or get baited into one because they don't have diamond hands, they don't understand clownmarkets, they are all retarded cunts who can be easily manipulated, potentially ruining our squeeze. I'm seriously considering bailing out Friday if tomorrow and Friday are green. Michael Burry already took his money and he saw this coming way before everyone else. if you didn't fomo then you should have retarded gains, don't wipe out your profits up for a meme.

>>26777387
GME. AMC is not 100%+ shorted like GME is. The GME shorters are literally so fucked if people hold. But the same cant be said for AMC shorters.

>>26786727
Stock market volume is like $50T. The hedgies we're dealing with only have money in the Bs, much much less than 1% of the total market. The market will be fine despite what (((they))) are saying to try to get people to sell.

>>26789438
How come it still continues in the grey? Is it the predicted result? If so how can the stock be moving when its closed?

If a bunch of people sell at $1000.00, would it cause a dip? Would it be viable to sell at $1000.00 and buy back in after the dip?

>>26789628
What percentage of AMC is shorted?

>>26788142
LMAO.
I'm going to hold twice as much now. Might even buy few more stocks today

Keep the pressure up, it's having an effect:
https://mobile.twitter.com/SecureProfit/status/1354587467702263808

Do you antisemitic incels really think Biden and Yellen is going to let this get out of control, to the point where it threatens the economic stability of the United States?

No. The White House has already made it clear that they are monitoring the situation, and the fact that it's a bunch of white supremacists incels profiting off this market manipulation should make for additional motivation for Biden and Yellen to take action very soon.

>>26789898
78%

>>26776495
PAMP EET

>>26789861
After hours trading. A few privilaged assholes get to trade for a few extra hours while the peasents can only watch.

>>26789961
FML that's still huge

>>26788547
>>26788776
>>26788996
I was asking the same question early today Ausbros, I'm a retard too so I'll just tell you want other people have told me.
Commsec will take 15 days to let you trade internationally, that's not enough time for us obviously. I got pointed towards Interactive Brokers and Stake. Personally I went with Stake however this morning on our end of the globe Stake has been fucking around apparently, I saw someone mumbling about Stake not allowing GME sales but I'm unsure of that admittedly.

As for what I'm personally doing, I got 2x$700USD that will be in my Stake account at 1am tomorrow. 1 Stack for GME and the other for AMC. If anyone has a better idea for this I'd love to hear it because again I am a retard.

Good luck mates, I hope this pulls through for you boys.

>>26789954
>to the point where it threatens the economic stability of the United States
That's a lie. The whole market is in the Trillions. These Hedgefunds are in the Billions.

>>26790026
Have you heards of eToros? Seems like an alternative to robinhood since that app is exclusive to Americans.

>>26790026
Thanks for this m7.
Yeah I just saw that I have to apply for some US taxation form to buy shares in US companies so there goes that idea.
I'll look into Stake and Interactive Brokers.

>>26790433
Did a google and saw this and signed up on my smoko, they fucking started asking me actual sharemarket questions and shit. Basically if you're a dumb cunt, they restrict your account.

>>26790517
Damn, is there any other alternative to robinhood?

>>26786936
>But if for some reason GME, a public traded stocks get put on hold, then the system collapses since it's no longer a free market.
>then the system collapses
never going to happen, haven't you watched the elections? they're going to pull the same optics and make the redditors out to be financial terrorists.

gonna go in 2000 as soon as market opens, whatever the price is i sell on market close

>>26787410
>my dad works for nintendo

>>26787410
My dad died

i'm a literal retard who just signed up for robinhood
i put in an order for $1k of GME, i know the market is closed, but is the order guaranteed to go off or do i need to wake up early and make sure it goes through?

>>26790877
it might be smart to wait the calls out. If it's really overshorted, then the price will skyrocket.

>>26776495
>about sending a message and being a part of history
Based, gmi

does anyone like this stock?

>>26790945
What kind of order did you place? If it's a limit order then it will only happen if the stock falls to the limit price or lower.

>>26790945
It will go through without issue 99% of the time

I will buy a couple shares in the morning when is there typically a dip or market open is best time?

>>26791041
market buy, cash

>>26790977
so you say wait till friday?

>>26790945
depends on the order. If at market price, sure. If limit, then it will only buy if the price is at what you set or lower

>>26791065
It will go through immediately since you chose market but will pay a little more

>>26790945
youre trying to make free money, get up early once in your life you fucker

>>26791066
wait the weekend and see if meme magic is real (1k per stock). Or go big and make an impact and Hodl to 5k since the Hedgefunds are going to be forced to buy back ASAP and there's not enough to buy

Please explain how it is possible for the hedgefunds to buy back 140% of traded stocks at all. How is that going to work, even if they pay 1k per stock or more?

>>26791204
They don't pay back all the stocks at the same time. They pay back some of them, then basically buy them again and pay them back again.

>>26785728
I only have 600 dollars, even if I buy I can only get 1-2 stocks and relying on normies not panic selling seems hard to do. High chance of not even making much profit or losing money for me hombre.

what happens when the hedgies go broke and have only cleared through 70% of the shorts they sold? does the broker just give you money anyways and send their account negative?

>>26789954
How do I know you're a rotten-crotch tranny.

Tell me bros, how much should I put into AMC and GME.
I’m not afraid to lose, I’m only
afraid to not put in enough.

>>26776495
>This is less about the money and more about sending a message and being a part of history
If that's the case then no, it's not too late.

>>26791306
>limit order my 4 GME shares to $999,999
Someone's supposed to buy it eventually, right?

eufag here
what broker? robinhood is no go
trading 212 doesnt have GME no more

How far could 2 shares take me?

>>26777292
Damn dude, you're right. Eric caused the coronavirus

>>26791411
Asking the same.

>>26791175
but wont the price of the stock fall once it gets to friday? like after that they will have bought back all stocks

>>26791204
>Hedgie buys stock
>Hedgie hands it over to contract-kun
>"here's part of the stock I owe you contract-kun. I'll have the rest soon"
>contract-kun sells the stock back to the open market when they feel like it
>Hedgie buys stock
>gives it to contract-kun
>repeat for 40% of all available stock +whatever is hodled by autists
The Hedgefunds are forced into sisyphus-tier buying and returning literal useless GameStop stock that is artificially inflated by us.
Don't feel bad for Hedgefund-chan, they've been doing this to literally everyone other than them.

>>26791301
I just bought 1 yesterday and will buy 1 more today. Fuck it at least you get to be a part of the story

>>26791411
>>26791454

Currency.com
etoro

Why is Friday the day that everyone expects the hedgies to have to cover and buy back all the GME? Can someone explain this to me like I’m 12

Ps buy LINK

>>26791476
only if people sell on Friday. They overshorted thinking GameStop will crash and burn. They can buy everything on sale and it still has to be re-circulated at the market price. All we have to do is keep buying and pricing them out of their daily GameStop budget

You guys realize this kind of market manipulation could be a hate crime, right?

>>26791479
>Don't feel bad for Hedgefund-chan, they've been doing this to literally everyone other than them.
I don't. I'm in this because fuck these bastards. And, of course, because I think gamestop is just the perfect stock for my old age retirement due to great fundamental data.

>>26790574
>>26790517
https://trading.hellostake.com
available to brits, aussies, etc

>etoro went down on market open
>robinhood went down on market open
>stake didn't

>>26791411
>>26791454
I'm US fag with no brokerage account, how can I get in on this by the time the sun is up?

>>26791627
The calls expire so that's when Hedgies have to start buying, causing demand, causing price increase. There is not enough in the market to repay their calls, so as long as we take enough out of circulation, the prices will skyrocket since Hedgies are forced to buy back the shares

>>26791411
>>26791454

see here:
>>26791712

>tfw only have $50 in bank account
wishing you guys the best tho

I can only afford 1 GME stock
But I am with you guys in spirt
That counts too right?

What broker can I even use to buy? Etoro is down and fucking people over apparently, IG said I'm too poor, Robinhood is for US only. I'm trying to register for trading212 now.

>>26790945
It’ll probably go through but I would wake up so you can get in at a dip. Godspeed and hodl

any way to know really how much stock will be worht tmorrow? whata re some potential numbers?

>>26790945
They rejected my buy order pre-market at 250 but I got in at 302 so it wasn't all bad. Be prepared for it to be rejected and respond accordingly.

>>26791858
Same. By the time I get money again the shares will either be $2 or $5000

>>26791712
While the Auzcunts are still here, what should beginners be aware of when it comes to taxes? Particularly the capital gains tax.

>>26791891
1 share you own, is 1 share out of the market that Billionares have to buy back Anon. The more of these shares we fags refuse to sell to market. The higher the price will go until eventually the price is tempting enough to sell. Even then, it has to be 130% of all shares in the market. So literally everyone can decide to sell, and it won't be enough. It has to go through at least 1/3 a round of being bought and sold again.

>>26776825
>Historically unprecedented pandemic wreaks havoc on economy

Relax, nostradamus

>>26787925
eric trump's boomer audience was already balls-deep in the stock market so no, you're wrong

>>26789497
>>26791433
on february 28, everyone knew a pandemic was coming but no one knew the severity, an obvious recipe for market panic
this slack-jawed retard told everyone to buy the bull trap, an absolute rookie mistake that any autistic retard with fifteen minutes of experience trading shitcoins knows to avoid

>>26791946
Apparently you can't get GME on trading212 now. How the fuck am I supposed to get this man? everything is down or rejecting me for living in shithole South Africa.

>>26776495
no it will go up to the moon(+2000$)

>>26791423
one way ticket to the moon.

>>26791717
Please

>>26792243
ngmi

>>26792524
robinhood.com

>>26791423
it depends on who wins the battle of gamestop. Hedgefunds are cornered and are gonna be forced to buy. The price will increase to be tempting. If enough hold, it can very well be 50k per share.

>stuck waiting for funds to clear
>going to probably be a whole business day
>wont be able to buy anything until friday morning

Should I just give up now bros? Or is it worth waiting for friday morning's dip to buy some GME just to say I was there during the once in a lifetime event?

>>26792543
Don't be so bro

>>26788364
>you have to spam worthless shitposts every 60 seconds

>>26792243
Trading212 is allowing GME trades intermittently supposedly due to high traffic.

вceм пpивeт нaшeл гoдный зapaбoтoк cкppeй пиши

>>26792606
It won't end in a day anon. Squeezes last for months.We can literally bleed billionaires dry

When will there be a dip in the morning? Buy right at open or wait for a dip?

>>26785728
THIS
Stop listening to the FUD. It's not about making some small little games and then jumping a ship.
We are literally holding a hedge fund hostage. This is a once in a lifetime situation. If we just buy and hold they will get margin called soon, probably friday. This is the endgame.

>>26786676
Reminder that people trying to get you to jump ship for the "next big thing" are paid Melvin Capital shills trying to hold off from liquidation.
FUCK ANYTHING BUT GME

>>26792547
any others? robinhood says 4-5 days processing time

>>26792606
See this you faggots? How many people you think there are who tried to get on wednesday or thursday but just needed time to set up their new trading accounts?
BUY AND HOLD YOU FAGGOTS

I'm thinking it snowballs for 1 more day then I'm out.

>>26776495
SHORTS EXPIRE 1/29 THATS WHEN SHORT SELLERS HAVE TO COVER THEIR SHORT POSITION BY BUYING OUR SHIT WHICH WILL NUKE UP THE PRICE LIKE NEVER SEEN BEFORE BUY HOLD GME AMC

>>26793155
They're paying you how much to stay up this late and write weak ass lines like that, man?

>>26793065
robinhood also lets you use up to $1k immediately if you're transferring that or more
you're not gonna find one that will let you transfer funds before next week

>>26778304
>It’s short float is still over 100% which means shorts will be forced to cover this Friday right before and after market close which will skyrocket the price like last week.
Can a big brain here please help clear this up. I'm going to assert how I think it is, but someone who knows better please correct me.
Shorts don't expire, calls do. What presumably is meant by everyone saying that ^ is that the writers of the naked weekly calls that expire on Friday would have to cover by Friday - at the latest. The price spiking from this would be a gamma squeeze. But it's also possible that any initially naked calls have been covered early in the week when the writers of those calls saw where things were heading. So there might not be a gamma squeeze come Friday/Monday.
But then there's the shorts, which don't expire but can get liquidated if they are leveraged, and can become too expensive to keep paying the interest on the loaned shares for. That's the short squeeze. Our hope there is that the shorts are leveraged so they have to close or become liquidated by a higher share price, and that the interests they pay for keeping the short open becomes so high that they have to close or become liquidated. This doesn't happen on a Friday, it happens when it happens.
Do I have it right so far?
If so I have two questions: Does a higher share price imply a higher interest payed for existing shorts, or do they have fixed interests? And second, could a gamma squeeze trigger a short squeeze on top that went parabolic in days or even hours instead of weeks?
I bought GME and LINK at about the same time and about the same price (about $10) as a little "stonks vs crypto" showdown, to see which would moon harder. So far, GME is in the lead.

>>26789594
That was the exchange, not Stake.

>>26776495
How did the reddit guys organized their move ? they made a thread and people just followed or it was secret chats ?

my robinhood disabled my instant deposit because my fuckin bank merged and i forgot. can i expect an answer before the squeeze? if not, can i get to buying GME tomorrow or have i missed the train?

>>26793628
> how did reddit did it?
They are very crafty. They pretend to be nazis.

>>26785728
/pol/lack here. HODLING to the moon!

>>26793263
Sounds like fun

>>26776495
well theres STILL 140% open shorts

>>26791712
Ausfags using Stake here, how do you buy stocks? Like what the fuck is the order type and limit price?

>>26791063
Premarket could pump or dump. On market open all the normie market orders are gonna go through and drive the price up, then the dip will start.

>>26779585
I put 30k in this morning lol fuck it

>>26785728
The only risk is people selling too early. This may be the last time people have power over hedgies and corrupt elite.

>>26776495
If the WSB thesis is true, GME is going stratospheric. If not, we're gonna crash. Buy long and puts.

how do i make robinhood give me a graph of premarket so i dont have to keep the premarket graph open on marketwatch

>>26789961

That’s AMCX. AMC is only like 25%. Been trying to tell people.

Just deposited money into Robinhood, EST fag here. What should I do? Wait for the market open or place a limit buy?

>>26785728
based

>>26793155
Paper hands if it goes up I cash out. If it goes down too much I cut my losses.

>>26791476
Only if you paper hand it and sell. If Friday takes off to the moon we could see the actual squeeze in a week.

>own 2 shares

I'm a big boy now

>>26792229
nah

so do i have to be up early and buy at 9:30 am? or can i make it purchase the stock automatically?

how deep will the dip go?

>>26794482
Market Fuck it checked

>>26794904
Put a buy order in now, and when the market opens the computer will try to buy for you on the very first second.

>>26776495
people are panicking cause it's floating around 250$ instead of 300$ and you're saving your self 50$ per stock more than I am if you get in now

Tourist here, can someone explain to me how it is even physically possible to borrow 140% of all stocks? Like someone has to "lend" you that stock, right? So even if 100% of GME owners lend you their stock, how the fuck do you get the other 40%?

>>26794963
and it will be for the price it is now, or when it opens?

>>26795075
>borrow a share and immediately sell it
>that share finds its way back to the guy you bought it from
>borrow it from him again
>you now owe him two shares

>>26795316
>that share finds its way back to the guy you bought it from
>borrow it from him again
Holy fuck that is some fucking advanced kikery.

>>26794253
Thats why i dont see this working.
a generation raised by the "i got mine" generation cant suddenly just put their greed and selfishness aside. not for long.
all it takes is a few to jump ship and all principles go out the window

>>26795367
I should point out that the reverse needs to happen for him to be able to exit his short position
>owe 140% of all the shares in existence
>buy a share for $1488, return it to the guy you borrowed from
>he sells it, you can now buy it, again, and return it to him, again

They'll have to keep doing that until they've return everything they owe.

Bros, do I buy a GME stock or is it too late?

>>26776578
No. Its all about GME. AMC isnt shorted nearly as much. Its also a much worse company. Fuck Hollywood and AMC! All in GME.

>>26788142
stop with your jew tricks, we have turned them against you

where do I find figures for the percentage of GME that's shorted? Feel like I need to keep tabs. also, how often is the info updated?

So GME is gonna bust hard in the next few days/weeks(?) is there a way to profit specifically from the huge burst and bet against it?
Kinda like the 2008 real estate bubble in the big short?

>>26785728
I think people should remember a very similar situation happened back in 2008 with Porsche, with LESS of a suspected shortaging, and all that needs to happen is the price to remain above $115. Buy stocks and set them to sell at no less than $900 - $1000

I have $500k (90% of my net worth) in GME. Bought in at $20. Not selling until AT LEAST $1000.