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/biz/ - Business & Finance

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26788761 No.26788761 [Reply] [Original]

really though, how high can it get? four digits?

>> No.26788858

four digits is a given. 5 digits is not out of the question. it won't all happen friday though. this is going into next week for sure.

>> No.26788868

>>26788761
None. It's just a joke.

>> No.26788925

>>26788761
69420 fuck israel

>> No.26788937

>>26788858
This. Anon asked how high; theoretically, it could go to infinity due to the amount of shorting. Realistically, I expect the feds to attempt to step in and force a sale somewhere in the mid four figure range.

>> No.26788993

Without obstruction from the trading platforms or the government mathematically it will peak between 800 and 1000.

>> No.26789007

>>26788937
Or an emergency EO/court order to gamestop to issue more shares. Could rescue the company, they could rebrand as upscale gaming lounges or something lol.

>> No.26789053

>>26788993
I should mention this is my personal opinion and not market advice.

>> No.26789116
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26789116

>> No.26789171

>>26788761
idk

>> No.26789186

>>26788761
yes, anon, just buy, take a loan, sell your car and house, it will go up to 6000

>> No.26789194

>>26788993

I bought at $295 and if it hits $700 I'm be tempted to dump.

If it hits $1,000 I'm taking it.

>> No.26789232
File: 17 KB, 250x245, 1611541681859.jpg [View same] [iqdb] [saucenao] [google]
26789232

>>26788761
>>26788858
>>26788868
>>26788925
>>26788937
>>26788993
>>26789007
>>26789053
>>26789116
>>26789171
>>26789186
>>26789194
ITT poorchuds ass mad SEETHING

>> No.26789255

>>26789232
>lol I tr0ll u

>> No.26789327

>>26789232
le epic post

>> No.26789353

>>26788761
They will halt trading and you won't be able to sell ever.

https://www.google.com/amp/s/www.barrons.com/amp/articles/gamestop-trading-should-stop-for-30-days-says-state-securities-regulator-51611768563

>> No.26789359
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26789359

>>26788761
Dunno but in 5 days whichever poor sucker is holding the 97% short will be picking a window to jump from

>> No.26789409

>>26789353
what a bunch of cucks

>> No.26789484

>>26789194
You're supposed to sell at $1488 new fag. Not $1490, not $1487.99- $1488 or gtfo.

>> No.26789587

>>26788761
Nobody knows but if this is anything like the VW short squeeze we could easily see 1k. Never invest anything you can’t afford to lose I’m in this for the long haul

>> No.26789603

>>26789194
Don't, this only works if everyone DOESN'T FUCKING SELL. Keep it, at least till 1200

>> No.26789685
File: 1.61 MB, 3264x1836, 20210128_093707.jpg [View same] [iqdb] [saucenao] [google]
26789685

~ 15 min ago.

>> No.26789754

>>26789685
beginning to think there won't be a morning dip.

>> No.26789814

>>26789685
BUY TRX
>BUY TRX
BUY TRX
>BUY TRX
BUY TRX

>> No.26789871

for the people saying that friday isnt the day, what do you mean?
dont those hedge funds have to buy at that time no matter what? wouldnt that be the end of it?

>> No.26789975

>>26789871
WSB does not actually know what they are doing. They are updating their predictions as they work through wikis and "how to stonks" articles.

>> No.26789991

>>26789353
“I think the little guys you describe are probably the ones most likely to get hurt,” he said. “Those that are more sophisticated—who might be shorting—they may get hurt, but they’re more sophisticated. They probably understand the risk they’re taking.”

Disgusting.

>> No.26790054

>>26789484
This will also promote you from retard to authist.

>> No.26790073

>>26789991
Note sophisticated means doing this for a living and the opposite is broke ass college student trying to pay off their debt with $2000

>> No.26790138

>>26789353
This is definitely grounds for lawsuits galore ...

>> No.26790408

>>26789685
holy fuk

>> No.26790468

>>26789814
what is their reasoning?

>> No.26790493

>>26789484
do /pol/tards really think this is their doing?

>> No.26790660

https://www.reddit.com/r/wallstreetbets/comments/l6kgik/explanation_for_noobs_who_dont_quite_understand/

>> No.26791087

>>26790468
Shut the fuck up and buy it

>> No.26791177

>>26791087
*sigh* if they let me

>> No.26791431

>>26789991
He’s literally right. Retail is going to get left holding the bag here.

>> No.26791481

>>26788761
Fear is the only cap on GME

>> No.26792374

hey so is TD going to let me buy GME today or what? every time i log into TOS it warns about restrictions (cuz they're cucks)

>> No.26793317

>>26788761
As long as short interest is above 100% we keep holding. If they keep shorting and naked puts, we keep strangling. When short interest drops, it's time to consider selling.

>> No.26793370

Fascinating, I'm POOPING to see where this all goes.

>> No.26793469

How the fuck do I buy GME in France ? Tried etoro but the fuckers seem bent on keeping my money as long as possible and ask for a bunch of papers I don't have.

>> No.26795013

Ok possible retard here. I understand that the amount of shorted shares currently exceeds the current outstanding shares correct? I understand how supply and demand can create a theoretical infinite share price. How is this going to end? If the parties that hold the short contracts liquidate at whatever absurd price through a few rounds of buying and eventually cover their positions, there will obviously start to be a mass selloff (due to eventual human greed succumbing over all other factors) with people trying to catch the rocket ultimately bag holding right? My brain is failing to see what happens to the excess of shares that theoretically never existed given that they, for all intents and purposes, became real so to speak on the market. Will new shares have to be issued? Am I retarded and could someone help me out?