/biz/ - Business & Finance

The squeeze BEGINS tomorrow and will LAST the next week of business days

At what price would you enter GME?
Asking for a friend.

>>26955073
if melvin doesnt end up getting bailed out again and again so they can buy all their shorts at the first bid, then they and other hedgies linked in this circlejerk of credit lines will be absolutely fucked and probably need to be bailed out by washington

>>26955449
assuming there is enough liquidity in the market to cover their giant positions. the problem is the level of short not their capital - they have to buy back the whole fucking float and guess which army of morons controls a sizeable portion of it

Tomorrow we dump our GME bags on Reddit and go all in on AMC.

>>26955596
I read somewhere that they don't really have a hard deadline and can stretch things out. I'm sure being in bed with all the other big boys helps that.

>>26955771
sure there's no deadline but they owe premiums on the positions they've taken and the short positions keep driving the price up which effectively means they will get margin called when their short positions can no longer be covered by their available capital or when they can't afford the premiums and go full insolvent. the only problem now is their brokers are on the hook for these obligations because there are still the open short contracts to settle which means their IBs could start going belly up and all that wealth gets distributed to the morons who are just saying "well you need all the shares in existence and then some and we won't sell for less than this so go fuck yourself"

>>26956118
>>26955771
this is the main thing about taking shorts - the claim that the downside is possibly infinite is actually true because if you must return the asset but the guy holding the asset refuses to sell it for less than what they want out of it, the contract owner is still obligated to buy the asset back at the fair market rate.

>>26956118
What about covering their shorts early, let idiots drive up the price insanely, short it again and win? Is that possible?

>>26954947
thats the market volume
>>26954590
the price of gme reaching approaches infinity the higher the percentage of people that hold onto it. the idea of having enough people hold it to the point where it rises above 80 trillion is unrealistic.

>>26956353
yes that's possible that they can average up, but how and with what liquidity - if they short again they must retrieve the shares from somewhere in order to sell back to the market. suppose no one wants to lend them their shares any longer they can't double down and average up the short price. moreover if anyone suspects that this is happening, as many people did today with the midday short ladder, they will simply watch the price fall and then buy up more and more float to hold. so if their double down doesn't work and the price climbs even higher and available float or share to short go down the price goes EVEN higher and they in EVEN more shit than they were. now they have effectively opened another potentially infinite well. imagine shorting something with infinite downside potential, doing it again and getting caught - you still don't own the assets and now people catch on. instead of losing your initial short at pay time you lose your initial short + the difference from your initial short and its difference from the market price when you finally get margin called.

>>26956118
these faggots are literally trying to change the laws in a week so they can weasel themselves out of having to buy the shorts

>>26956860
these hedgies are fucked. TPTB are not going bail out some dumb greedy millionaires/billionaires

in terms of increasing the wealth disparity between (((them))) and us, it seems like that shit would be right up their alley

>>26957928
>rules for thee but not for me

I yolo'd my gambling account into this just to be a part of it, I'm not really a high risk investor. But after the shenanigans of today I've already got limit orders up to 10x my position tomorrow morning. If I lose it all, don't even care it won't hurt me to yolo 20k at a potential moon, especially if it might fuck some arrogant wall street faggots right in their asses.

>>26955073
Set an obscene limit order, like 10k+, and let it ride.

>>26955230
$45 like earlier this week

>>26955073
What happens when all the investment banks propping up melvin and other shorting firms implode? Will they try and seize assets?

>>26955132
Pretty much this. It depends on how long shorts can hold out for.

>>26955745
>ThIS iS THe WaY!
Hahahahaha

>>26955230
Now is the lowest it'll be for a while.

They are already out of their short position.

>>26958934
Source?

>>26955073
Should have sold at $420 like you were told, I'm gonna sit back and watch the crash tomorrow when the markets (((close))) again and nobody can buy. Bring on the pink wojaks!

>>26958934
sell and buy crypto then.

>>26955596
citsitua otpyrc sdik

>>26955132
The fact that so many people don't know this means everyone's gonna sell tomorrow.

>>26959052
https://fintel.io/ss/us/gme

>>26955230
Last chance was the bait dip at 125 today. Just by sheer hype its not gonna go any lower for a until the squeeze is done

>>26959052
fucking google it retard. its publicly available info

>>26959052
It’s fake, anyone claiming to know exactly is lieing. After much research earlier I discovered this on yahoo finance
1/2

>>26959790
I saw one where they said the float was 248% today.
Lots of reports of increased float

>>26958934
Fake, that shit literally increased. Fuck off shill.

>>26959349
>>26959349
In other words, you found this somewhere, and reposted it here without knowing if its true, and now you're pissey because you're getting called out on it.

>>26959790
>jan 15th

>>26959990
That’s 228% of the float btw, comes out to about 107m shares out of 69m outstanding so still over 100%, but this is from the 15th

>>26958934
>>26959790
These are days old.

>>26960379
Then tell me where I can find up to date ones pls

Why would you waste you time with stocks?

MUSE cannot be shut down

Source is here - https://fintel.io/ss/us/gme

>>26955132
This. Will be a fun weekend watching that green candle. I watching these faggots jump out of windows.

>>26955230
Literally any price, it's going to $10k by next week.

>>26955771
They have to buy it back ASAP unless they want to get murdered by interest. That's why we pumped it so high.

>>26955596
Sir, Im retarded, not a moron. Holding and laughing at the kvetching.

>>26955745
Not even trying to be subtle about your fud eh?

can someone explain to a simple brainlet whether AMC and GME themselves have some legal recourse here? they want their stock to go up, right? they could make a good case (AMC especially) that the price would have risen naturally with the easing of COVID restrictions. they can't be too happy about some Jew app tanking their stock by halting trades. could they sue Robinhood?

>>26955771
>I read somewhere that they don't really have a hard deadline and can stretch things out. I
They have to pay interest, and the bigger the squeeze, the more they have to pay.

>>26959161
Its all over. Make a new thread if you want. People would be shooting themselves if they sell on friday. This shit is going to be a wild fuckin ride. Strap in.

>>26959161
So spread the word
Get on Twitter, tell the normies and redditors

>>26960746
me too my dude. going in harder tomorrow at any opportunities. looking for an early market entry for 10k and if there's any dip winding up another 10k position

>>26959349
Warning: Our provider has not provided a recent update for this ticker. This may be due to a delisting, a halt in trading, or other reasons beyond our control. The data displayed may be inaccurate.

>>26958934
Short volune ratio != short float ratio.
Shorts are still in. Image does not prove your point

>>26958934
Found the kike

>>26960424
This. I’ve been searching for an hour and can’t find an up to date shorts float percentage. This stinks of jewish tricks.

>>26960159
>>26960239

nigger its my cap. dont be retarded on this. clearly you didnt look it up
https://fintel.io/ss/us/gme

>>26961721
the belief is that it's much higher after today. but actual disclosures only occur every two weeks.

>>26955073
>Market opens
>It only gets up to $600 instead of the 1k everyone was promised before all stock platforms panic and freeze it again
>And again
>And again
>While constantly dropping the price
>Everyone ends up not selling and instead decide to wait for better prices as the few people that do sell get absorbed by people that are late to joining the hype train stead of by Mildew or whateverthefuck his name is
>This causes the value to secretly skyrocket over the weekend

>>26961958
I'm definitely holding over the weekend.

>>26961314
Fuck yeah thats the attitude fren. Im in for 30k. I think they didn't factor in that we capitol from crypto gainz before they had even heard about it. The amount of fud shilling here tells you all you need to know. To the moon buddy.

>>26959161
I'm contemplating holding just a little bit longer I need to see them squirm tomorrow though
https://twitter.com/TheQuartering/status/1354909724869853188

>>26961721
>This stinks of jewish tricks.
That because it is.

>>26962078
Same. I like the stock, and I'm holding until it goes up to $6,900.

>>26958544
10k? More like 5,000,000

>>26955073
Tomorrow is the day normies pump GME early in the morning trying to get in on the squoze and reddit sells somewhere between $350 and $500

>>26962589
>Reddit sells
No way. We're in this to win it. Me and the back street boys aren't settling for less than 5k or everyone being publicly executed.

>>26959083
Kike shill, stay mad, etc.

So
Buy now or wait for a dip?

Kek, this /biz/ thread is full of niggers scam advertising
Don’t join this trash if you want to save your wallet
They still try to bring new retards for their fake pools and bases protocols
But I know one thing, only one top rebase project now - Base Protocol, so I don’t believe in fake trash

might sell 5 shares at $500 tbqh and keep the remaining 10

>>26956860
Cant another firm with liquidity just short it and lead to the same effect

>>26964328
where are they going to get the shares to short? and if they do and the price goes up now they've exposed themselves and their backers and the short obligations are now even more multiples of the float available.