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/biz/ - Business & Finance


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26778851 No.26778851 [Reply] [Original]

Did they just give up?

>> No.26779008
File: 70 KB, 1024x995, 1610223881831.jpg [View same] [iqdb] [saucenao] [google]
26779008

>>26778851
nice bait kike

>> No.26779033

more trickery
can't you smell those stinky jews

>> No.26779057

>>26778851
fuck off faggot

>> No.26779066

LOOK MA! I POSTED IT AGAIN

>> No.26779139

>>26778851
I’ll keep that in mind while I’m holding

>> No.26779166

>>26779033
They have a fiduciary responsibility to their investors and are not allowed to lie. If they said they closed the position then it's closed. You are bagholding for an event that will never occur. I would sell immediately before you get BTFO.

>> No.26779204

>>26778851
When can we see % of it being short?

>> No.26779219

>>26778851
>source “spokesperson”
cuz these guys would never lie to make a buck right?

>> No.26779238
File: 2.75 MB, 1280x720, 1611703444706.webm [View same] [iqdb] [saucenao] [google]
26779238

I know the kikes were let off the hook from printing obvious lies and libel but is there not someone we can report this to?

>> No.26779313

If they closed their shorts they'd be paying x7 times for each of the 140% of stocks they bought. Alibaba wouldn't cover that. They probably closed out 41% and now it's down to 99%. But they're fucked, because that 41% cost the Alibaba and huge underwritten loans from other hedge funds and banks. And they didn't even clear 1/3 of how much they're on the hook for.

>> No.26779359

>>26778851
no, like a (((Melvin))), they lied.

>> No.26779381

>>26778851
this is apparently a literal trick, they closed a small position not the actual billions

>> No.26779418

>>26779166
unironically this, that is unless you bought at the peak yesterday LMAO. meme energy can only last for so long.

>> No.26779420

>>26779313
There isn't any possible scenario in which Melvin doesn't get liquidated, but that in and of itself isn't that big of a deal.

>> No.26779421

>>26779166
Except its not them directly saying they closed. Its just some sources that dont even tell the numbers. And melvin isnt the only short. Dont sell.

>> No.26779481

>>26779166
melvin is not the only hedge fund on wall street.

gme had a short float of over 100%, not all of those shares are borrowed by this one guy

>> No.26779491

>>26779166
>Option 1: Go bankrupt
>Option 2: Lie, pay fines, but don't go bankrupt
hmm

>> No.26779493

>>26778851
a spokesman for the firm said on Wednesday.

a spokesman for the firm said on Wednesday.

a spokesman for the firm said on Wednesday.

>> No.26779518

>>26779313
>>26779420
this. 97.68% shares short
https://financhill.com/most-heavily-shorted-stocks-today

>> No.26779550

>>26778851
they closed them by shorting again now

>> No.26779562

>>26779313
this analysis is retarded because melvin is the sole owner of all shorts on GME

>> No.26779590
File: 1.48 MB, 1920x1080, emt.png [View same] [iqdb] [saucenao] [google]
26779590

>bitch about scamming being unfair
>try to run a scam with these fake ass press releases to salvage their asses
They never learn and never will. They deserve nothing but eternal financial ruination.

>> No.26779635

>>26779481
How many of those shorts come due THIS Friday though is the problem. They could manipulate down $100 tomorrow and cause a panic sell. Shorts close position next week at a crippling bargain and anyone thats bought in the last 2 days get rekt

>> No.26779637

>>26778851
(((Typical tricks)))

>> No.26779660
File: 250 KB, 416x835, 1611772774937.png [View same] [iqdb] [saucenao] [google]
26779660

Sure thing buddy, I believe you without a shred of doubt.

>>26779166
>are not allowed to lie

Pretty sure you're not allowed to short 140% of the stock either.
It's very clear that these guys are way above justice and will try to use that very justice system against us to kill the threat to their monopoly.

>> No.26779711

>>26779166
>If they said they closed the position then it's closed
Meanwhile they secretly open another position

>> No.26779763

>>26779166
when fines make up a tiny, tiny amount of money that can be passed around(and fellow investors can just fling cash at it too) they are also underwhelming in their effect(due to the fines being tiny) and vigorously appealed in courts by high-paid high-powered lawyer kill squads(resulting in many, many fed cases with the rich paying little to nothing of these fines)
and then the resulting loss is covered by the taxpayer while shekelstein eats a 2 year suspended sentence and a 120m fine he appeals down to 10mil and easily sneezes off
das kay, right?
but that's okay right

>> No.26779784

>>26779518
6 more days to cover though....

>> No.26779831

>>26779166
still >100% shares shorted
try again faggot.

>> No.26779861

>>26779166
>They have a fiduciary responsibility to their investors and are not allowed to lie
Oh well that settles it. No way these slimy hedge fund kikes would do something they aren't allowed to, especially if it might save them from bankruptcy.

>> No.26779914

>>26779635
I dont care when its due, someone needs 100% of the shares to undo all of this and close the trades or else they're stuck accruing interest. Diamond hands are fucking unbreakable.

>> No.26779915

>>26779831
97% literally posted ITT

>> No.26779993

Melvin probably closed it out, but there are so many shorts out there that still have not.

Shorts that have hidden their put options unlike Melvin and are not exposed. Most are hoping this all just blows over and the stock drops back down.

>> No.26780038

>>26779518
why doesn't this have AMC?

>> No.26780051

>>26778851
we still like the stock :)

>> No.26780070

>>26779784
we need to bump it up to the max days to cover
https://www.investopedia.com/terms/d/daystocover.asp

>> No.26780079

>>26779914
Unless they begin covering.... as they have which is why its down to 97%

>> No.26780120

>>26779166
i dont see an official close. just reuters jews doing jew things

>> No.26780200

>>26780038
it's a finance/media psyop meme. the target is only GME because I'm sure we all have font memories of buying and renting games there.

>> No.26780290

>>26779915
Retard, it's the float that matters since it represents the number of tradeable shares, it went from 140% last week to 249% today. They literally have to buy, sell, buy again and sell again the same shares to exit their position.

>> No.26780306

>>26779166
They closed, but never said how much. They could have closed three shorts with piggy bank money and that'd still be considered "closing positions".
You have a lot of trust in fat cats.

>> No.26780327

>>26779166
Wow some hedge fund Jew said something I’m sure he’s being honest

>> No.26780361

>>26779166
>They have a fiduciary responsibility to their investors
>and are not allowed to lie

OH NO NO NO NO AHAHAHAHAHAHAHA

>> No.26780370

>>26780079
Covering with what? More borrowed shares? The shares they need to move for the ITM call options? Did they open more shorts to "cover" the current shorts? Looks like we'll find out Friday. Diamond is unbreakable.

>> No.26780373

>>26780306
This. They are using weasel words hoping to trick people into thinking the closed all their shares when they only closed one or two.

>> No.26780377

>>26780070
Oh thx that's helpful actually

>> No.26780400

So is it too late to get in or what?

>> No.26780446

You smooth brains, they transferred the positions to another fund. They don't have to cover.
You don't even understand just how powerful jewish magic is.

>> No.26780452
File: 13 KB, 259x412, 1611791948125.jpg [View same] [iqdb] [saucenao] [google]
26780452

>>26778851
Link to tweet?
If no link to OG tweet given, I will be adding 20 more buy orders in tonight.

>> No.26780501

>>26779915
>>26780079

97% is complete bullshit.
https://www.ortex.com/stocks/26195/shorts says avg. 1.8 days to cover (as do most other sites), https://financhill.com/most-heavily-shorted-stocks-today says 6.3. That link is reporting old data.

>> No.26780517

>>26780452
This is the article
>https://www.reuters.com/article/us-gamestop-melvin-idUSKBN29X0EN

>> No.26780685

>>26780038
Page 4

>> No.26780713

>>26778851
Retard here. Why wouldn't they have? What happens now does it just tumble back down as everyone cashes out?

>> No.26780744

>>26780517
Thanks!
Also I'm confused, can you just welch out on a bet like that?

>> No.26780846

>>26780370
Probably liquidating other shit just like they will have to if it goes further up
>>26780501
And what do they say the float is?

>> No.26780866

>>26778851
we can stay retarded longer than they can stay solvent. fuck them

>> No.26780925
File: 28 KB, 706x407, file.png [View same] [iqdb] [saucenao] [google]
26780925

>>26780501
this says 103%, but DTC is only around 2

so... there's still a shitload outstanding but, because of the huge trading volume right now, it won't take them very long to cover? am I understanding that correctly?

>> No.26780989

>>26780713
it's a language thing
consider the words
"has closed GameStop position"
okay that's nice
but you can close multiples
and that doesn't explain the value of those positions
it's HIDING the actual value of those closing positions when AVAILABLE data contradicts anything that would say we should actually sell
WE H O D L and SQUEEEEEZE the fear and money from their veins

>> No.26781093

>>26780501
The 1.8 days to cover was starting from January 26th. It should be at less than 1 day right now. Volume tomorrow will be insane.

>> No.26781160

Kike media lies for kike hedge fund

>> No.26781230

>>26781093
So basically if the volume is approx the same as the 26th, they are forced to pump for 1.8 days?
I assume that once that pump starts, people will notice and volume will skyrocket.

>> No.26782237

>>26781230
They were forced to pump for 1.8 days starting from the 27th. But you gotta see how much the DTC will lower from this 1.8.
Ortex will probably update the 27th's DTC numbers by 7 am ET time. Just because 1 day passed, it doesn't mean the DTC will be 1.0 lower, it might be only 0.7 lower or something in the next update.
BUT, if the volume is way too big tomorrow, they might be able to cover this by tomorrow, the DTC is a mere estimate, a volume 3 times bigger than usual could end these shorts in few hours.

>> No.26782367

>>26778851
I don't understand where how 140% of the value of GameStop was shorted. Them I don't understand how they pull out of a short.

>> No.26782383

>>26782237
so what is the whole deal with the "wait till friday" thing? What triggers on friday?

>> No.26782502

>>26778851
>The MSM is actually telling the truth this time guys! Their vague story that plays exactly into their interests with little to no evidence is completely true! What, do you know believe them?

Not selling. See, that's the thing. I'm only $500 into this where they stand to lose tens of billions. I can afford to lose. They can't.

>> No.26782587

What app would you guys recommend when Robinhood isn't available in my country?

>> No.26782657

>>26779166
>dont lie to their investors
>go bankrupt by billions of dollars
>lie to their investors
>dont go bankrupt
>get fined a few million
uh huh

>> No.26782927

>>26782383
Some 300$+ shorts expired on Friday while some were saying Melvin would be able to close by Friday, when a big pump could happen. Nothing is guaranteed tho, if people got afraid of Melvin's closing news on CNBC they might sell while others do not even get in.

>> No.26783012

>>26778851
They're going back to trying to convince the gentiles to sell, instead of crashing the markets again

>> No.26783237

>>26780038
it has it

>> No.26783399

>>26782927
>Some 300$+ shorts expired on Friday
I thought shorts didnt expire. What does this mean specifically?

>> No.26783468

>>26779166
>and are not allowed to lie
certain rules only apply to goyim.

>> No.26783478
File: 481 KB, 532x883, Zero Hedge.png [View same] [iqdb] [saucenao] [google]
26783478

https://twitter.com/zerohedge

>> No.26783591

>((((((((((Reuters)))))))))))
basically a confirmed paid disinfo operation at this point

>> No.26783594

>>26783399
Puts not shorts. Shorts stay open as long as your collateral > 0. Melvin has both.

>> No.26783803

>>26783478
kek it's over for shorts, diamond hands are about to receive a nice stimulus payout courtesy of Melvin and his faggot cucks Shitron throughout next week. You'd have to be an absolute brainlet to sell on Friday now.

>> No.26783856

>>26779660
It's more like 30% loss.

>> No.26783865

>>26779660
lol

>> No.26783903

>>26778851
how can you close when their shorts as set for a certain date?

>> No.26784143

ZH saying shorts are still through the roof and fees to borrow are now 100%.

https://www.zerohedge.com/markets/we-have-some-bad-news-gamestop-shorts

>> No.26784216

No they haven't, they doubled down. Total shorts up to 250% of the stock from 140%.

https://archive.is/ckNlS

>> No.26784286

>>26784143
>fees to borrow are now 100%.

What does this mean

>> No.26784338
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26784338

>>26778851
moron here, can I still get in tomorrow morning?

>> No.26784603

>>26784286
Every time you short you have to pay an interest fee for the shares you borrowed. The interest fee is per annun.

So if I shorted a stock at $20, I'm paying near $2 a month interest for every stock I borrowed to short.

>> No.26784610

>>26782587
M1 better than robinhood in every way

>> No.26784727

>>26779166
Lying on live tv is much better than losing $13b

>> No.26784846

>>26779166
|
|>
|&
|

>> No.26785118

>>26784338
y

>> No.26785149

>>26779166
Jews aren't allowed to lie? Damn why doesn't someone tell the antisemites?

>> No.26785159
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26785159

The short float is 139.7% cnbc is just trying to give Melvin an exit

>> No.26785189
File: 300 KB, 804x670, stonks.png [View same] [iqdb] [saucenao] [google]
26785189

>>26778851

>> No.26785304

>>26784846

`O>
|&

>> No.26785307

Get in
t.me/bizstreetbets

Discuss stonks and crypto

>> No.26785332

honest questions: how can he close if I havent sold? he needs to buy all 100% of current gamestop shares

>> No.26785345

>>26780866
This.

>> No.26785395

>>26779166
shit.

>> No.26785409

>>26785332
>close 1/1000000000th of contracts
>We've closed GameStop

welcome to pilpul

>> No.26785436

Every fucking time I see more kike shit I increase my position in GME.

Fuck Niggers
Fuck Jews
Fuck Hedgies
Fuck Robinhood
Fuck SEC

and most of all

FUCK THE JANNIES.

Sneed.

>> No.26785480

>>26778851
How will melvin not go bankrupt

>> No.26785569

>>26785332
they pay back their shares to the dudes they owe, then the dudes that melvin owes stock to sell that stock back to melvin, or someone else that will sell to melvin, so melvin can pay them back the rest

>> No.26785789
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26785789

>>26785159
How the fuck do they think this is gonna end? Are they really betting that people are gonna sell off a massive amount of shares before Friday? Are they set for like 2 weeks from now after Melvin gets raped and the money's all gone?

>> No.26786388

>>26780327
this

>> No.26786637
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26786637

>> No.26786697

>>26785409
this is correct

>> No.26786816

Use some brain power you fucks.

1) days to cover: it's literally impossible for them to cover and close their position within a day. We know the short interest is still well above 100% as of yesterday after the announcement was made.

2) have a look at history to understand what might happen:

https://www.equities.com/news/lessons-from-15-years-of-short-selling-12-reasons-not-to-short
>A short squeeze can also be created if the “float” - the number of shares that trade freely - is suddenly reduced. Such a case occurred in October 2008 when Porsche (POAHY), which owned 35% of Volkswagen (VLKAY), unexpectedly disclosed that it had raised its stake in Volkswagen to 74.1% through the use of derivatives. The German state of Lower Saxony, where Volkswagen is based, owns 20%, so that left a float of only about 5% of VW shares on the market. The short interest in VW was 13%, so moments after Porsche announced its higher stake, the mother of all short squeezes ensued and the stock instantly quintupled from $200 to over $1,000, momentarily making VW the most valuable company in the world. This was extraordinarily painful for many shorts.

Volkswagen stayed up around $800 for several days. Expectations right now generally are on Friday where many calls expire, all the FUD confirms this.

So we are not at the top yet, but will probably not see a trillion market cap for GME either. But $1000 is not a meme. This shit is not fully priced in yet, the FUD heavily implies that nobody knows what the fuck is going on Friday.

>> No.26786842
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26786842

I SWEAR TO GOD /BIZ/ IF THEY FORCE WAR UPON US AGAIN, WE WILL ANNIHILATE THEM

>> No.26786891

>>26784216
Oh fuck. It is just a pay day at that point

>> No.26786934

>>26778851
Lies! This is the second time they've tried this BS in two days. Buy and hold!

>> No.26786987
File: 106 KB, 721x1024, 1510377590971.jpg [View same] [iqdb] [saucenao] [google]
26786987

So I set a sell limit to about 1k for most of my shares. Thinking about doing 1 for 10k just for the hell of it.

>> No.26787047

>>26785159
Im going all in on GME until the shorts are under 100%

>> No.26787135

>>26784610
It's also not available for me. FUCK.

>> No.26787167

>>26786987
>1k
why so low lmao

>> No.26787203

These hedge funds can't possibly be this fucking retarded to double down, they have to know something we don't. Incoming market fuckery? SEC maybe?

>> No.26787275
File: 156 KB, 686x932, 1611811182784.jpg [View same] [iqdb] [saucenao] [google]
26787275

>>26778851
Total lie

>> No.26787281

>>26787167
Cause my gut is telling me there's no way they're going to pay people 5-10k a share. I'll probably bump it up depending how it goes tomorrow.

>> No.26787283

>>26787203
I'm willing to lose $1000 to call their bet.

>> No.26787365

>>26787281
>Cause my gut is telling me there's no way they're going to pay people 5-10k a share
It'll be between that and the interest on not paying driving them into bankruptcy if people hold out.

>> No.26787541
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26787541

>>26778851
Nice try. Hop on the train, bud. You'll make more money than Big Capital pays you to shill for them.

>> No.26787546

>>26782367
Thetly bought and sold the same share multiple times.

* You buy a share
* Your broker lends this share to a shorter
* Shorter sells the share at current price and expect to buy it later at a lesser price to then return it to the broker.
* someone buy the share from the shorter
* that someone's broker lend the share again to the shorter

Repeat this again and again and you will reach over 100% of short.

>> No.26787602

>>26787281
The FED could intervene to help them bail out to avoid a systemic cascading krach.

>> No.26787732

>>26778851
Bros, take the risk off, sell enough to get your money back. And leave the rest in play, becasue they can't close, if they can't buy. I'd put a 1488 sell order, for the lulz. It's not over on Friday, this thing could go on for months. As time passes, the leverage compounds, so, "infinite losses" is a thing. But just in case, take your hard earned out, and play with the house's money.

>> No.26787762

>>26778851
THEY'RE LYING THEY PLAY TO WIN.

>> No.26787847

>>26786987
Set all to $10k one time $100k and another to 1mil or you’re a kike bitch

>> No.26787905

>>26779166
Nice fan fic
https://financhill.com/search/seasonality/GME

>> No.26787922

>>26787203
It's not that retarded to keep opening shorts on the stock, it has to go down eventually especially when its this high in price.

>> No.26787960

>>26779313
This is exactly what happened, I just checked this and the outstanding shorts are 98.9%

https://financhill.com/

>> No.26788000

>>26779166
>lie, pay $1b fine afterwards
>get btfo, lose $12b business plus $2.75b that was lent to you earlier this week

>> No.26788036

>>26778851
it's not even a new article they just updated it to pop it to the front again

>> No.26788207

>>26778851
THEY HAVE TO FIGHT HODLERS AND INFLATION GG

>> No.26788274

>>26778851
Fake news. They still owe damn near 100% of the stock. HODL.

>> No.26788307
File: 200 KB, 413x345, 1595163375189.png [View same] [iqdb] [saucenao] [google]
26788307

Gamers versus establishment: part 2.

After "Gamergate", we now have this... what is it called?

>> No.26788365

>>26788307
Gamersqueeze

>> No.26788383

>>26782237
>BUT, if the volume is way too big tomorrow, they might be able to cover this by tomorrow
Not if it's an upwards volume then they're locked out even if they wipe out their portfolio.

>> No.26788418

>>26788307
Lemonade

>> No.26788497

>>26779590
>.
Eternal financial ruin followed by death, you mean.

>> No.26788571

https://markets.businessinsider.com/news/stocks/gamestop-stock-short-sellers-melvin-capital-citron-surrender-bets-gme-2021-1-1030010382

>> No.26788676
File: 26 KB, 600x375, 1580298074668.jpg [View same] [iqdb] [saucenao] [google]
26788676

>>26779166
>and are not allowed to lie

>> No.26788699

>>26778851
If that's true we will see a huge spike come market.

>> No.26788779

>>26788000
TRIPS OF TRUTH

>> No.26788870

>>26779660
>Plonker

Hahaha

>> No.26789051

>>26780446
Well SOMEONE has to cover. I don't care who it is.

>> No.26789090

>>26778851
Fake news

>> No.26789274
File: 148 KB, 800x993, dizaytruiaakr70[1].jpg [View same] [iqdb] [saucenao] [google]
26789274

>>26787275
I don't need this shit

>> No.26789661
File: 206 KB, 960x960, 1493012599310.jpg [View same] [iqdb] [saucenao] [google]
26789661

>>26778851
Schiff is saying to get the fuck out while you still can. Thoughts?
https://www.youtube.com/watch?v=KjLGu7X4a6U

>> No.26789806

>>26779166
They said they closed 'a' position, so they could have technically closed a single contract to make that is true. If you look short interest hasnt changed at all so they didn't close because they dont have the money to fully close all of their positions.

>> No.26789819

>>26779166
Not wrong. Melvin aren't the only short bagholders though (just the largest I think).
It's not impossible they lied/misrepresented the truth but without solid reason to think they did lie I would not bet on it. When they allegedly bought back the stock the price did go up a fair bit. You really want to be the guy posting red wojacks friday?

>> No.26789924
File: 101 KB, 476x357, 1453346607812.jpg [View same] [iqdb] [saucenao] [google]
26789924

>>26789661
While its probably a smart idea to quit while you're ahead, that's exactly what the hedgies want. I guess you gotta make a judgement call tomorrow depending on what kind of fuckery is going on and if you're willing to lose it all.

>> No.26790079

>>26789661
Going all in right now
You cant simply "close" a short position as over extend as GME, it takes DAYS to clear and anyone holding will take the hedges to the cleaners.

>> No.26790187

>>26790079
If the move to 60% wiped them out to the point where they needed to get bailed out, there is so fucking way they could afford to cover when it went 4x from there.

>> No.26791214

>>26779166
You don't get kicked out of 109 countries for telling the truth

>> No.26791266

>>26787275
h

>> No.26791460

>>26788307
Gameryank.

>> No.26791488

>>26789819
>but without solid reason to think they did lie
the liquidation of their entire hedge fund and assets to the tune of many billions is a reason enough
people lie for far less
we don't see lying the way that you do, stinky jew

>> No.26791538

>>26779166
Nice try rabbi

>> No.26791655

>>26780373
>>26780306

It’s the dictionary definition of pipul

>> No.26791686

>>26779204
Finviz.com and look up GME look at short float %. It's still 140%, they haven't closed their position.

>> No.26791734

>>26788307
>what is it called?

FUCKING GAMESTOP

>> No.26791888

>>26791734
It's perfect.
>"Dude, how'd you get the money for a Lambo?"
>"FUCKING GAMESTOP!"
>SCREEEEEEE!

>> No.26791966

>>26779166
>They have a fiduciary responsibility to their investors and are not allowed to lie
They're not a publicly traded company. They can't lie to their (private) investors, but they can lie all they want to the public.

>> No.26792061

>>26779166
>1 post bu this ID
Israel shouldn't be allowed to exist

>> No.26792117
File: 102 KB, 600x600, 1611202447544.png [View same] [iqdb] [saucenao] [google]
26792117

>>26779166
> (((they))) are not allowed to lie
OH NO NO NO

>> No.26792155

>>26788307
Gamergate 2: battle of the toads.

>> No.26792213

>>26779238
wait what the fuck Goebbels didn't liked the jews??

>> No.26792221

>>26778851
Imagine actually believing them lol

>> No.26792225

Brainlets in this thread are amazing.
MELVIN IS THE BIGGEST SHORTER OF GME
HOWEVER HE IS NOT THE ONLY SHORTER OF GME
HE MIGHT HAVE CLOSED OR MIGHT NOT. IT DOESN'T MATTER AS LONG AS SHORT INTEREST REMAINS ABOVE 100%.

>> No.26792312

>>26791488
https://www.reddit.com/r/wallstreetbets/comments/l5jwnj/melvin_is_down_another_25_on_gme/
Melvin is already liquidated at 175.
Unless he got a cash inject of 100% the hedge fund's AUM (He didn't). The stock hit 350 FFS. Melvin is out of the game, however there are still other shorters.

>> No.26792427

>>26779166
1) melvin has not directly stated they've closed their shorts
2) they have a huge incentive to lie about this in order to trick people into breaking ranks and selling prematurely, allowing them to finally buy back in at a reasonable price
3) they can pull some talmudic bullshit like closing 1% of their short positions while still technically having "closed the short"

>> No.26792487

>>26792427
Read >>26792312
And then read >>26792225
Fuck Melvin but it is most likely Melvin is really out of the game but that doesn't matter cause a new shorter entered the fray,

>> No.26792560

>>26791488
sieg heil dude

>> No.26792632

>>26778851
I’d bet they reloaded and are now shorting from 300+ basis.

>> No.26792771

>>26792632
They literally do not have enough liquid to do that. Also if they closed their other (profitable) position to double down on a losing position, that opens Melvin to being sued for fiduciary duties. But it doesn't matter if Melvin is still in or not (I highly suspect he is actually out) so long as the short interest is above 100%, there is someone about to be squeezed.

>> No.26792867

>>26779166
Doesn't matter, short interest is still over 120%.

>> No.26792872

>>26792487
they’re likely out but a lot of people want it to keep going, the drop is going to be devastating

>> No.26792944

>>26780501
https://finance.yahoo.com/quote/GME/key-statistics?p=GME says 5.78 days
https://shortsqueeze.com//shortinterest/stock/term2.php?s=GME says 6.3 days
https://www.marketbeat.com/stocks/NYSE/GME/short-interest/ says 6 days
So which is it? I'm trying to determine whether or not I should hold this over the weekend

>> No.26792969

>>26778851
How many times has Melvin Capital said they closed their positions now? 2? 3?

>> No.26793207

>>26792944
Different sites have different methods of calculation and assumptions. Easiest is outstanding shorts / volume. Why it differs is because some sites use average volume or they don't assume 100% of the volume are shorts covering etc. A good gauage will be 5-6 days.

>> No.26793331

>>26788307
Operation Gamerrossa

>> No.26793414

>>26780400
Not too late yet you can still go in today
You won't make it off this trade anymore tho
>>26780446
And that fund has to cover now dumb retard, the short squeeze hasn't even begun yet

>> No.26793443

>>26778851
Ah yes, they’ve finished buying all 140% of floating shares to cover, I’m sure schlomo.

>> No.26793494

>>26793207
So you think holding till next week is the way to go, then?

>> No.26793677

>>26782587
>>26787135
TD Ameritrade and Interactive Brokers are what most thirdies use

>> No.26793734

>>26784216
will they outretard the retards?

>> No.26793799

>>26793494
I am holding till the squeeze happens (or not). I have 10 shares @ 100 so about 1k USD that I can afford to lose. I don't know about your situation, cost basis so I can't advice you on an exit strategy.

>> No.26794751

>>26779166
I heard they started a shell company and gave the shell company all the burden so they can scare investors off.
Plus other anons are right, they're not the only one shorting.

>> No.26795465
File: 32 KB, 680x501, 1611792962218.jpg [View same] [iqdb] [saucenao] [google]
26795465

>>26791488
Holy digits, WE WILL TRIUMPH

>> No.26795509

>>26778851

Anyone remember the “Melvin tapped out” fud? That was my favorite.

>> No.26795654

>>26795509
I really think Melvin tapped out.
Read >>26792312
But it doesn't matter >>26792487
So long as short interest is above 100% we are still in the game.

>> No.26795696

>another Melvin closed its short story a few hours before opening bell
This is at least 2 days in a row, and yet numbers are saying otherwise about interest rate on the shorts, and everything else. Diamond hands anons.

>> No.26795856

>>26778851
First of all: stop spreading lies.
Second: even if they did buy themselves out, there are multiple different hedges who have shorted GME and they will pay $5000 per share if we let them get away that easily

>> No.26795913

>>26779166
but they didn't say that,a person on cnbc said they had spoken to someone in melvin and they had closed short positions

does not mean they have closed all of it, and if they actually had, this should have been reflected in the total short interest

Melvin is still in, this is a strategy to drive the stock price down so they can close at a more beneficial price point

>> No.26795932

>>26778851
The movement wasn't enough to indicate they'd pulled out. Hold fast boys, Friday's coming

>> No.26795965

>>26778851
They said that yesterday too lmao

>> No.26795990

>>26795913
>>26795696
Why does everyone want to fuck with Melvin?! Does it HAVE to be Melvin specifically?

>> No.26796022
File: 64 KB, 625x500, Pepe Investments Services.jpg [View same] [iqdb] [saucenao] [google]
26796022

DO NOT SELL GME THIS WEEK!
FRIDAY IS A GAMMA-SQUEEZE, WHICH IS A CHANGE IN STOCK PRICED FROM ALL OF US BUYING SHARES AND PUMPING ITS VALUE

THE HISTORIC SHORT SQUEEZE WILL TAKE PLACE THRU THE NEXT 1-2 MONTHS, BUT *ONLY* IF YOU HOLD YOUR SHARES THRU THAT TIME

SHORTLETTES ARE TRYING TO SCARE PAPERHAND ANONS WITH STOCKS INTO SO MUCH EXCITEMENT OVER FRIDAY IT SHAKES THE STOCKS RIGHT OUT OF YOUR WEAK PUSSY ASS HANDS BECAUSE YOU'VE NEVER HANDLED BIG-BOY MONEY BEFORE

DO. NOT. SELL.
NOT THIS WEEK, NOT NEXT WEEK.
IF EVERYBODY HOLDS, YOU WILL SEE INSANE GAINS OVER THE NEXT 1-2 MONTHS
DEPENDING ON HOW MUCH HEDGE CAPITAL IS REVEALED TO BE TANGLED IN THIS NET OF SHORT LOANS, WE COULD VERY WELL SEE STOCK VALUE EXCEED $5000/SHARE

BUT NOT IF YOU GET SO FUCKING EXCITED ABOUT HANDLING MONEY YOU DROP YOUR STOCKS BEFORE THE SQUEEZE EVEN HAPPENS

FUCKING EDUCATE YOURSELVES, READ UP ON GAMMA SHORT, READ ON SHORT SQUEEZE
DON'T SELL THIS WEEK, DON'T SELL NEXT WEEK
THE SHORT SQUEEZE ONLY HAPPENS IF YOU HOLD WITH DIAMOND HANDS

>> No.26796051

>>26779166
Your are like baby

>> No.26796137
File: 48 KB, 556x528, Laughing Pepe.jpg [View same] [iqdb] [saucenao] [google]
26796137

>>26795990

What's wrong shortlette, caught on the wrong side of the deal???

>> No.26796155

>>26795990
While I am sure there are some people who have it out for Melvin, for shorting Tesla or some other shit, for most people Melvin was caught with their hand in the cookie jar. It could have been any, and probably does involve, a numerous amount of hedge funds.

>> No.26796216

>>26796137
Nah. I hate shorts but I find it curious that people just want to fuck Melvin and want to believe he is still in.
Does it matter? Short interest is above 100% so shorts will be squeezed but people want to keep believing Melvin is still in.

>> No.26796257

>>26796155

Hand in the cookie jar would be shorting it 50-70%
These guys went balls-deep into the cookie jar at +138%

We literally have their balls in a vice that is always getting tighter, and we can wait until we hear the price we want to buy themselves out from it.

>> No.26796272

>>26788307
Stein/11

>> No.26796385

>>26795990
Melvin did this to themselves and are just one of many shorts
They happen to be one of the biggest ones which is why Melvin gets mentioned frequently

>> No.26796389

>>26779313
I have a question, how do you know that Melvin is still shorting the stock? Couldn't they have tapped out early, then some new vultures came in and shorted it, and you wouldn't know because it doesn't show who owns the short stocks?

>> No.26796445

>>26796389
they can only tap out if they buy

>> No.26796504

>>26796385
Read >>26796216

>> No.26796551

>>26796022
this, talk about friday is misinformation and misunderstanding

>> No.26796565

>>26779166
how much is Melvin paying you for those lies ? pretty sure you will make more if you buy GME now

>> No.26796567

>>26796445
Yeah, but wouldn't they have tapped out early, then some newer short seller came in to take advantage of the inflated stock?

>> No.26796610

>>26796567
Most likely this is the case.
Read >>26792312

>> No.26796636
File: 46 KB, 522x873, ascended.jpg [View same] [iqdb] [saucenao] [google]
26796636

>>26779166
>are not allowed to lie
Naive zoomers are hilarious

>> No.26796939
File: 220 KB, 1335x762, gme.png [View same] [iqdb] [saucenao] [google]
26796939

https://finviz.com/quote.ashx?t=GME
>https://finviz.com/quote.ashx?t=GME
https://finviz.com/quote.ashx?t=GME
>https://finviz.com/quote.ashx?t=GME
https://finviz.com/quote.ashx?t=GME
>https://finviz.com/quote.ashx?t=GME
https://finviz.com/quote.ashx?t=GME
>https://finviz.com/quote.ashx?t=GME

>> No.26797149

>>26779238
Nazi Germany could only have happened in a pre-23andMe world.
Goebbels looks jewish af, no way he could "pass" a DNA test.

>> No.26797278
File: 34 KB, 424x248, Screenshot 2021-01-28 at 11.13.11.png [View same] [iqdb] [saucenao] [google]
26797278

>>26779166
someone sold shorts
probably bought on top and sold after hr
But there are still some standing