/biz/ - Business & Finance

>>27038001
They're contractually obligated to buy.

>>27038001
Are you.... are you actually retarded? Not like 4chan anon retard but like full on aspergers retarded?

>>27038256
Not if they pay the interest and hold out. All they gotta do is drag this out and keep paying the interest until we feel the pinch before they do and sell.

>>27038001
They have to pay massive interests if they don't pay up on time.

>>27038001
In order to hodl they have to buy. In order to hedge they have to buy. There nothing they can do to hedge or reduce their short position without exerting buying pressure. All they can do is play little games selling each other back and forth the same shares to paint the tape but hasn't seemed to be shaking people out so far.

>>27038403
Theyre paying interest and we're not, how the fuck do you think what you just said makes any sense

>>27038403
How do we feel the pinch? We didn’t borrow money to buy.

>>27038403
Yeah and we just hold too. If they keep paying the interest then it would mean the gamestop stocks are actually worth 400 bucks because they are covered not by gamestop anymore but by fonds who pay the money

>>27038001
It is much easier for you to hold. They are losing massive amounts of money by holding

>>27038001
so how fucked are the hedgekikes? are we going to see 2008 but on roids?
t. layman

>>27038001
this guy is really calming my nerves, great stream
https://www.youtube.com/watch?v=Pn6rYutgS0w

>>27038403
It costs me nothing to hold, unlike them anon.

>>27038553
Because the holders are mostly poorfags sitting on huge profits and the vast majority will crack eventually.

>>27038001
They only got blindsided because they never expected an Army to come for them. Now they know the Army is there, they will just change tactics. They have more money and influence. Take your earnings and leave the casino.

Invest in deFi dude. Get a dVPn and pay for it in crypto.
You ran out of the woods like an unknown band of Indians and swooped down on them. You won the skirmish.
Now they know you are there and the battle will be bloody. Their Army has financial nukes and the power of the state.

why not buy 1 share, cover short, buy back from short lender, repeat until all shorts are covered

>>27038817
Potentially infinitely fucked if the stock they shorted never falls under what they shorted it at. If you own GME the people who shorted it owe you lots of money.

>>27039616
Covering is extremely expensive for them depending on where they started their short. They're still holding out hope for a monstrous crash or SEC intervention (thanks, Chief Warren) to drop the price before covering.
They also have so much shorts I imagine their covering will continually raise the price significantly when they cover.

>>27039399
We're either going to win or we're dragging these fucks down with us.

>>27038001
>Hedgefunds took our advice and are hodling?
They can't, they already sold the shares.
The Jews literally wrote a check they can't cash.
When/if they buy shares, they don't get to keep them.
Hedgies owe ~70 millions shares.

hahahahaha they don't need your advice they will simply call up the right people to change the rules if they so choose to

So what have we learned about shorting companies?

>>27039616
First, they already sold 60 million+ shares, if they buy a share, they dont get to keep it.
What dont you get?
Look up short selling.

>>27040287
>70 million shares

The Hedgies are so fucked i don’t even think the money machine can Brrr that much.

>>27040552
That they were not prepared for you.
Now they will have a team of interns watching your boards like a hawk 24/7
You gave them higher profits.

>>27017209

>>27038001
>What if they just hodl until we cave in and sell cheap?
They have salaries to pay.
We can hodl until they're bankrupt.

>>27038001
>What if they just hodl until we cave in and sell cheap?

It costs them like 1 billion a day to hold. They are paying a 30% compounding premium each day they don't buy back.

Remember we can stay retarded longer than they can stay solvent

HOLD ANOTHER WEEK OF WE MUST

>>27040909
It's a lot of money for the hedgies but it's still a drop in the economic ocean. The money printers are gonna be fine.

>>27038001

They have to buy.

https://isthesqueezesquoze.com/

>>27038403
>paying interest on every single share in the float
They're getting a margin call and people can name their price, buddy

>>27041264
You have no clue what you are on about. The trade closes on Sat, after which they have 31 days to settle. That is ALOT of time to plot with other companies and regulators.

>>27038578
>it would mean the gamestop stocks are actually worth 400 bucks because they are covered not by gamestop anymore but by fonds who pay the money

Holy shit your right... If everyone who bought in become long-term investers... Compounded with PS5 and Xbox sales.... We can reshape long term evaluation.

Don't you see anons, the value was never in the markets. The value was in the faith that resides in each and every one of us

>>27038001
They are. Some did both sides when they saw the reddit posts and scrammed to cover. But it will only be enought to break even at best.

>>27041529
Cri moar Moshe, you gunna owe me your fucking house when this is done

>>27039279
No they won't. Most of those poor fags sold yesterday during the lockout on buying. They already made massive profits and bought back in this morning.

>>27041926
I ain't gonna owe you shit. I am a white man who invest in deFI
I wouldn't trade this shit and out myself on Reddit for anything.
but you guys do you...

>>27041573
>Don't you see anons, the value was never in the markets. The value was in the faith that resides in each and every one of us

Holy shit... you're right.

>>27042431

>>27038001
>buy multiple shares
>sold a portion earlier to cover all the costs of the shares
I have nothing to cave in for. I already made a profit. I can hold these shares forever.

>>27043197
finally someone with a brain. Good for you.

>>27038403
It's costing them literally billions in interest per day to hold, they will go under if they don't do something by next Friday. Meanwhile it costs me nothing to hold, worst case is I lose my $600 stimulus check which I don't care about.

>>27039399
Fuck off faggot. All we have to do is hold and they will slowly go bankrupt. There is literally nothing left to do except DCA more if you want more profits

>>27038001
I‘m announcing our final operation! All Traders, line up! We will be doing a collective massive buy. Our goal: To beat the Hedge Funds. Of course, we‘ll be making ourselves vulnerable brokers. So we‘ll wait until price's drop enough and buy out stocks with our stimmy checks, together. That should reduce their attempts to pull out somewhat. While we‘re acting out our autism, the major holder bros will pressure the hedge fund with more even more money. That is our plan. Not spending and panic selling just means we‘ll loose more money to them. Get ready on the double!

>Are we all… heading… to a potential loss?

Yes.

>If we‘re gonna make a loss anyways, you‘re saying it‘s better… if we make no returns?

Yes.

>Wait… if we‘re gonna have that happen anyways, no matter how we lose, even if it‘s panic selling, it all means nothing, right?

You‘re precisely right. It‘s all meaningless. No matter what dreams or hopes you had… No matter how blessed a life you've earned... It‘s all the same if you‘re going to lose to the hedge funds. Everyone will kneel to them someday. Does that mean the stock pump is meaningless? Was there even any meaning in our fight? Would you say that to our fallen comrades? Their stocks... Were they meaningless?

No they weren't! It‘s us who gives meaning to our comrade‘s stocks! The brave who lost! The anguished who lost! The ones who will remember them… are us, the people! We fight trusting the future brokers who follow to find meaning in our lives! That is the sole method in which we can rebel against this cruel world!

My comrades, rage! My comrades, buy! My comrades, hold!

they have to

they basically agreed to lose money

>>27043536
how do you know the interest is that absurdly high?

>>27038001
I had 3k sitting in my account for years and I never did anything with it

Oh no the money I forgot even existed from the broker I never used...yawn

Maybe some retards here put their rent or poors here put in their life savings. Whatever. They should hold.

If you don't hold onto stocks for years you're not a real investor but a small time scrub anyway

>>27039279
>Because the holders are mostly poorfags sitting on huge profits and the vast majority will crack eventually.
If I'm sitting on huge profits, how am I feeling the pinch? I can sit on huge profits for months, it's quite comfy.

>>27041573
What do you think money is? Stonks are the same.

>tfw $27000 in GME'
considering lowering my position. Feels sketch

They are paying 30% annualized interest on the shorts. The borrow rate is important now. Hopefully gets more an more expensive.

>>27038001
too many people know that they are contractually obligated to buy back so the second any retard weak hand sells there will be someone (me) to skoop it up.

anyone who doesn't set their sell limit to the highest possible number is a faggot

This shit will eventually go down, anyone buying long term puts?

>>27043662
>All we have to do is hold and they will slowly go bankrupt.
Wow you bankrupted a small hedge fund who will or already have declared Chapter 11 and they will be back in business in a month.
Not only that they will all be working together now. ALL the hedge funds.
Instead of building and investing in decentralization, you ran at them with your dicks out.
You are going to lose. Get you asses into Crypto and decentralized finance.

its a fair point but im covered with small profit and holding the month just for fucks.

also consider a big part of the buyers aren't retail. a big part are other predatory firms who can hold just as easily.

no idea what will happen, but i've already won and will enjoy watching the jubilation, and the suffering, either way.

still, even if something happened, the retards that won money on this stock will instantly lose it within a month anyway by doing dumb shit like buying dogecoin or some retard shit anyway, so probably none of this even matters to the average joe.

>>27044297
I wanna get into defi so bad. Sick of stocks. I don't wanna have to keep checking multiple apps and websites though, what's one app that has most every crypto and emerging ones and the dollar?

>>27044557
There are many. I use Waves exchange and like it. Whole economies in Africa are using it. I'm staying away from Eth because they are building this all in real time. it could blow up at any moment.

You can start by getting a dencetralizedVPN and USING it.
Try this one out for free. It's the best one out there, which isn't sayng much. threre are only 3 working ones I know of. They are the only one on a real exchange. Bittrex
https://mysterium.network/apps/

>>27041573
>The value was in the faith that resides in each and every one of us
Your first time with currency?

>>27041264
30% a day or 30% a year?

>>27038403
What pinch?

If your not on margin, there is no pinch. I'm long and strong. I can sit on my shares until the cows come home.

>>27044557
Here https://waves.exchange/trading/spot/WAVES_BTC
with a dVPN and you are unknown to planet earth.

>>27038001
Here's the thing anon
they HAVE to buy

>>27045199
>>27045438
Wait why do I need a vpn for crypto?

>>27043722
>stimmy checks
Naive. You aren't getting shit until this is all over.

>>27041926
$15.5MM/day @ $300 and 62MM shorts.

>>27045307

See

>>27041926

>>27046285
Per day! Holy shit.

>>27045907
Why do you not want to fill out a KYC form and scan your drivers license ?
Your IP address is YOU. Google your IP. It'll land on your house.
So all those trades you do are tax events.That's one reason.
Very easy for them to see who you are and what you are looking at and doing.
Oh you looked at a Nazi webpage ? That's in the file.

Why do you use 4chan. privacy and anonymity right ? Same thing.
Here watch the quality of dVPN. It's literally flawless at this point and you can turn it on and off depending on what website you are on and only pay for what you use. it's literally like $1 a month in crypto if you are watching movies 24/7

These are two people on Youtube talking from the US to Switzerland and both suing different nodes on the dVPN.
1/28/2021 Interview
https://youtu.be/ZUoG5JnCq-A?t=910

>>27046846
I know what a vpn is anon, I'm asking why would I need it for crypto? I intend to pay taxes if it comes to it, not about to live in fear for the rest of my life.

>>27044436
>predatory firms
>buying and holding

>>27047173
Why do you need it for crypto ?
Because all your coins can't be bought in America.
Look at RLC as an example.
Can't buy it in the US. Coming form a US ip you will eithr not be able to trade it overseas or you will have to use a defi swap. The slippage on that can be 20% along with whatever your gas fees are.
With a dVON you just pop on Binance, make your trade and send it to your wallet.

All the normal VPN, they know the IPS. With dVPNs, it's some dudes house in Albania, routed through to Mexico etc.. You just pick your end node and that is who you are.

>>27043722
>redd*t spaces
Why is no one calling out these newfags?
GET OFFFFF MY BOARD

You don't understand. These redditors have two great strengths, in these regards they have no equal. They are retarded, and they are absolutely completely mad. They lost all sense years ago. The know only rage, rage against the machine we call this pathetic society. They want one thing and one thing only, and that is chicken tenders composed of the tears of the banks. Their rage cannot be quelled by any amount of money, their bloodlust is truly insatiable, and my god they are stupid. They will hold until GME is at $0.00. This is investment advice.

>>27039279
Nope. I know lots of poorfags and it’s not about the money for them. They’re doing this to send a message. You have to understand that poorfags are ideologically motivated more than profit motivated.

>>27038403
Just hold for a year lol

>>27040433
Which will have serious unintended consequences. You’re talking about openly and brazenly cheating people after most people just had the worst year of their lives and are DESPERATE for a win. People feel abandoned and betrayed already on all sides. Right now they’re all united and feeling like they’re finally getting that win. You’re gonna rip that from them in the 11th hour, right when it hurts the most?

Good luck.

>>27043722
go back faggot

>>27043722
>t. Cumdumpster

>>27041573
>The value was in the faith that resides in each and every one of us
And the frens we made along the way

>>27038001
That's fine with me.


I can hold my shares forever, how long can they pay the premiuns on these bad boys?
what the overnight funding rate on 70billion worth of shorts? HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>27038403
They will go bankrupt before that happens.
Naturally though, expect our utterly corrupt government to bail out their retarded gambling losses.

>>27038001
THEY HAVE 60 MILLION SHARES THAT THEY HAVE TO PAY 2% INTEREST ON EVERY DAY YOU RETARD WE CAN HOLD LONGER THAN THEY CAN PAY RENT

>>27050460
Starting the day AFTER settlement, That's 31 days from Saturday.
Get a clue. They will Chapter 11. They probably already did yesterday.

>>27051332
and that's exactly what we all wanted.

shut the fuck up, you get a clue nigger why do you think citadel rushed in with 2.5 billion in an undisclosed deal that was doner literally overnight.
so it could be on their asset sheet when they plead bankruptcy?
this nigger....

>>27038403
There's literally no way I'm selling for less than 1k. If it hits 0, I aint selling

>>27051853
>do you think citadel rushed in with 2.5 billion in an undisclosed deal t
Why would they do that 1 minute before settlement date ?
You'll learn

>>27051853
What you should be asking is why did Bloomberg take down this tweet ?
https://i.4cdn.org/biz/1611944392618.png

Nah, not selling my shares. Sorry bruh. They can drag it out for a whole month, I'll wait.

>>27052135
>you'll learn

you're anonymous on the internet, could have kept quiet instead of looking like an absolute bitch lmao

>>27052700
I went through this in 99. You have no clue.

>>27038403
Assuming this ends quickly. Care to do the calculation on how many days it would take the interest to be more painful than just settling up? Be sure to factor in price rises if and when they are forced to cover.

>>27052567
Except SPCE has the "dream factor." That's because they are new tech and have a few test flights to do before their first commercial flight. The first commercial flight is a great future risk to build a long position around. (You can still play the volatility in between times if you wish.) Point to point rocket travel for regular rich people and space tourism for those same regular rich is uncharted territory. It has never been done before. Rockets have been going strong for 60 to 80 years now. Time for the next phase in rocket transportation. The fun phase.

The poorfags don't hold many shares. That's what you forget

>>27039399
Dubs wasted on a hedgie shill