/biz/ - Business & Finance

You don't

>>27135544
You dont

>>27135544
you didnt even buy, LARPer

>>27135544

Not for weeks

>>27135544
>Buying for profit
>Not hodling for prophets

>>27135544
You don't
That was the plan

You thought this was a get rich thing? idiot
ITS A KILL THEM THING

>>27135548

this. the other short positions will come due in that time. just hodl.

>>27135544
you don't, EVERYONE shilling that they "sold" it is a paid shill, they stand to lose 100s of billions, this place is now flooded by shill monkeys

>>27135544
You don't sell. We're taking the world with us, a world in fucking FLAMES!

>>27135544
YOU HODL MOTHERFUCKER.
BRING THESE COCKROACHES TO THEIR KNEES.

>>27135544
can someone explain me wtf is going on and wtf is this gamestop crap everyone is talking about

and how can a shitty videogame selling company crash the united states market that just seems ridiculous

>>27135544
You don't. Ever.

>>27135555
Fake ancap. Can't be bothered to do own research. Fag

>>27135555
The hedge fund has to pay billions for the stock, bankrupting them. They default on a loan to a bank and then that bank goes bankrupt, and so on and so forth.

>>27135544
HODL!

Threadly reminder that Icahn had to hold the Herbalife squeeze on Ackman for 5 years before Ackman surrendered

>>27135544
Not until it hits at least $1000 if ever. At $1000, elon is going to put gamestop on his next rocket and literally send it into space.

>>27135558
>imagine not knowing about government gibs bailout

>>27135561
THIS.

>>27135561
Will it ever reach it by say, tuesady?

>>27135557
Based.

>>27135544
Post positions you coward

>>27135544
it hasn't been squeezed yet. Give it another week or two. the hedge funds are losing billions a day. It'll making $450 look like nothing.

>>27135560
I don’t think Melvin can hold out 5 years.

>>27135544
Probably going to be a week or two until the gamma squeeze. You will absolutely know when that happens bc the stock will shoot up like fucking crazy. The goal is to bankrupt these hedge fund faggots. They have taken way more money from you than you could lose by holding. They will continue to rape the market and bankrupt the companies we grew up with if we don't check them hard. Don't fucking sell.

>>27135568
Need to cash out by tuesday...

>>27135555
It won't crash the market, it's literally just one stock. The meme is that average people are bankrupting greedy billionaire jews by beating them at their own game.
"shorting" a stock is basically betting against it. Instead of buying shares and holding them hoping the value goes up, you borrow shares and sell them, hoping that their value goes down by the time you have to buy them back and give them back to whoever you borrowed them from. With interest.
Think of it like taking out a loan vs putting money in the bank and waiting on it to appreciate.
Shorting is all well and good, but some greedy yids will short a stock to such a ridiculous degree that it actually artificially deflates the value and garauntees them a return on their bet. Kind of a self fulfilling prophecy. Remember: supply and demand. If a lot of something is being bought, it's value goes up. If a lot of something is sold, it's value goes down. It's market manipulation and totally illegal, but kikes are a protected class, so they get away with it.
/biz/ notices GME is deflated to hell and shorted 130% (more shares than what exists) and lets /r/wallstreetbets know so they can take the heat. From there, reddit starts a grassroots campaign of people buying tons of GME and pumping the price up. This completely fucks over the jews that were making those ridiculous levels of short bets. Billions vanishing in an instant.
The best part is that they HAVE to buy the shares back, but you don't necessarily have to sell. And if they can't buy them back, they're stuck paying interest indefinitely.
Of course every media talking head, politician, tech mogul, etc. is going to defend them, but there isn't much they can do. It's being called market manipulation (it kind of is), but it's tons of individual investors buying of their own accord. You can make an easy argument that this isn't coordinated. Especially considering the people shorting literally were coordinating to manipulate the price.

Doompe et

>>27135562
thats a lot of pressure on the government when theyve been running the money printer spending trillions due to covid and people need new checks now

>>27135558
>The hedge fund has to pay billions for the stock
>...to another rich banker
We did it Reddit!

>>27135575
what? they have to pay billions to buy the stocks from the people holding them

>>27135544
Now. If you aren't gonna hold for the lulz..sell now..and forever be labeled an absolute faggot. FAGGOT!

>>27135575
No anon, the bank has to pay billions because the hedge can't

>>27135569
I don't think it's just Melvin, or even just Melvin, Citadel, Point72, and Citron. Melvin is just the one we know of because they were required to disclose one of their positions in some filing, and only because it was a put option.

>>27135572
sounds like a good summary

>>27135544
NEVAR!!!!!!!

>>27135544
There is no feasible way to make money off of this, and if you hold for too long there will be a price correction based on the value of the company.

>>27135544
HODL MOTHERFUCKER

>>27135575
>>27135576
>>27135578

Option 1: Buy back the shares from redditors
Option 2: Pay the price of owned stocks to banker in USD

Whew, I wonder which ne it will be.

>>27135544
you'll ow when it's right up there- it will go off like nooklear rocket shhip.

example volkswagen short squeeze.
but expect gme to surpass these because of all the diamond hands refusng to sell.

Wait for a massive spike in pic related then you should be right.

>>27135544
Supposedly the squeeze could go on for years. I forgot the example given

>>27135544
HOLD THE LINE LOVE ISN'T ALWAYS ON TIME

>>27135544

>>27135571
you're i the wrong place then - it could equaly get doubled down on by the kikes and a drop is on the cards to spook the market into selling and hit stop losses - don't play if you're on a strict timeframe.

>>27135544
YES KEEP SENDING THE JEWS YOUR MONEY!! LOOK HOW MUCH THEY ARE TOTALLY SEETHING ABOUT IT!! GIVE THE JEWS YOUR MONEY TO STICK IT TO THOSE GREEDY JEWS!!

EVEN THE GOVERNMENT DOESN'T WANT YOU TO SEND THESE JEWS YOUR MONEY AND THAT'S WHY YOU SHOULD SEND THE JEWS YOUR MONEY!!

WE DID IT, REDDIT!!

>>27135584
Neither
They literally can't afford it

>>27135568
>the hedge funds are losing billions a day
This is your brain on reddit

>>27135544
NO SELL
ONLY HODL

>>27135544
The hedgies will have to buy it off of you eventually. If everybody waits until the end, everybody gets paid more.
The more people give in to weakness and sell, the worse it will be for everybody. You need to be disciplined.

Whenever you want....next year. Why would you pay $300+ for something to sell at a loss? But if you keep it for a year...it's a much better trade.

>>27135544
Keep it until they're broke from paying penalties for not returning the stock they borrowed.

It’s the mother of all short squeezes

Thursday we where 30mins from blowing up the us market, not a fund manager or the gme stock. The market.

That’s why trading was halted.

They have no bullets left.

The overall market is tanking due to the fund managers selling other stock to cover their interest rates on their GME puts.

Every 11,40 USD the stock goes up adds another BILLION PER DAY INTEREST for the put holders.

The stock needs to stay above 120 USD to stay course, everything above is just accelerating the unavoidable.

The end game is the big banks selling off their puts, that means they need to buy the stocks.

Yesterday GME sold for 5000USD at times, they must have them.

On Saturday morning most of their puts expired, this means next week could be it.

We hold the stocks.

We set the price.

That’s why every media outlet says “you won! Time to sell”

They need our stock. They must have them.

If we hold. We win.

If we hold until they need to cover their debts fully we set the price.

42.420,69 USD

>>27135544
>>27135545
>>27135546

I'm too poor to even think about being a part of this great jew-jewing, and to see such rock solid commitment to fucking these filthy cunts over brings a literal tear to my eyes. I wish I was apart of it just for the shit eating grin when the stories written and told.

Thank all of you for not selling and staying true to true justice, the kind of justice money will never be able to buy.

8 months minimum

>>27135598
are you saying it's going to go to $50K?

>>27135544
They have to pay on Monday, so hold them to it.

HOLD BROS HOLD!
HOLD LIKE YOUR ANCESTORS ARE WATCHING!

https://youtu.be/inyV8tVnL8o

>>27135572
>but there isn't much they can do
except preventing the goyim from buying it, which they rallied together and did pretty quickly.

>>27135544

When stock is sold, is it just sold to another person or company? If it's known that the stock is overvalued then why would anyone buy it? Are all these people going to be left with rapidly devaluing stock that nobody wants to buy?

They already closed their position and accepted the loss.

No point holding anymore. The price is being artificially inflated and will soon crash back down to where it belongs.

The time to dump has already passed. Get out now before you lose big.

>>27135601
It Will go as high as the people owning the stocks says.

If people start selling at 500 it will be 500

But if people hold, the bids will get higher and higher until people start to sell.

That’s why everyone is shouting HOLD

It’s not hard to hold when it hits 600, 800 but when it passes 1000 it’s a challenge for some and it will affect the price.

The thing is, there are an infinite amount of stock and it is shorted to 115%

That means they need to buy ALL of the stock to settle their debts.

So the people holding the longest, the guys keeping the last million stocks, they will get pretty much anything for their portfolio.

The banks MUST buy them, no way around it.

So if you hold gme stock, you can set your own price. They must pay.

This is not financial advice.

>>27135609
Not one firm has closed their positions

There where fake new articles about it, even promoted with paid ads.

But it’s open data.

Not one has closed their positions, on Friday it actually went up from 115-120% shorted.

>>27135611
i don't know this is just assuming that the kikes have to play by the rules which we all know is not true. I'm pretty sure they're gonna figure a way out of it and the people stuck holding are going to be fucked.

>>27135611
Finite. Not infinite.

>>27135609
>oy vey the damage is done, just sell your fucking stocks goy
No.

>>27135609
BEGONE REDDIT FAGGOT SHILL THIS DOESN'T WORK HERE NOR ON THAT WALLSTREETBETS PLACE

HOLD FAGGOTS
HOLD
HOLD
HOLD UNTIL EVERY HEDGIE IS BANKRUPT

>>27135550
This Anon gets it. You buy and HODL.
The (((shorties))) can never get their hands on your shares. They can only borrow to short to make some shekels to cover their costs. Which will keep climbing, never can they pay back what they have borrowed....unless you are weak and sell.

Jagx and gsat are for making money. One from faggot shit the other from 5g.

>>27135607
terrible and it misses the point entirely

>>27135553
This.
Hold it

>>27135613
A bailout is expected. Then a riot

>>27135544
guys what's an easy way to buy some of this? I don't have much money but I still want to hold some

>>27135611
finite

>>27135599
Buy one stock then name your price.

>>27135544
HODL

>>27135614
they could run out of shares, but there's not limit to short pricing

>>27135621
Do not invest money you can't afford to lose

>>27135613
This is a possibility

But their moves during this week, smart moves have failed.

For example;

they started microtrading between banks to trick the market reporting robots the show sell offs. (Selling to each other back and forth at computer speeds)

MSNBC writing articles saying firms had closed their positions and promoting those articles

Having influential tv personalities celebrating retails win and telling everybody “you won!! Time to sell”

Probably having MANY paid posters on the forum trying to shift focus to other stocks.

Nothing worked.

Next step is to tank the stock to trigger retail sell offs. It will happen.

As long as the people hold we will win.

If people sell below 120 they win.

>>27135621
You only need $650 because you can only by 2 shares in GME.

>>27135576
The broker gets that profit, not the people that hold the stock.

>>27135621
Me also. Whats the best website to buy. Im going to sit on this shit forever

HODL YOU FUCKING COCK LICKER!

>>27135628
If you're not with a pozzed broker you can buy as much as you want

>>27135626
I don't want to invest, just buy some and forget about it

>>27135632
Maybe you are right but yesterday even my ABNAMRO account was locked by just 2 shares.

>>27135630
Easiest is to download cash app, robinhood or similar.

Transfer funds.

Buy one or more stocks.

Be a part of it.

>>27135544
how do fuck can you buy these stocks from europe, many brokers cucked out, which brokers still allow it and are good for other trades?

Do not listen to shills that say the squeeze is over, or that talk about deadlines.

The stock is still over 100% shorted. Which means they still have to buy back every single share.

This goes on as long as they can afford to hold the shorts, but the higher the price and the longer it stays high the more expensive it gets for them.

Check for yourself at Marketwatch.com

Do not let the shills discourage you, they are hurting.

>>27135635
This
it literally takes less that 10 min to get everything started. waiting for money transfer took ages today.

>>27135636
Etoro is still up and running.

Get in the car and HOLD ON TO GME it's going to be one hell of a ride!

>>27135636
All in EU I think

Have not head about anyone blocking

It’s Citatdel in US who is forcing us apps to block or limit

Citadel does not manage transfers in Europe

Revolut if you have it in your country?

>>27135639
> etoro
you cannot buy shares with it.

>>27135544
Goldman Sachs trader here.
You should have sold at the peaks on Friday or Thursday.

After this weekend, the stock is going to dive. Dive as interest wanes. This is the first social media pump, and it's going to dump hard when the interest wanes and people get bored of gamestop.

You've already lost your chance to sell.

>>27135641
I have it in pannekoek land. just 2 shares GME at ABNAMRO (a somewhat respectable dutch bank as far as bank can be respectable)

i would look to wed/thursday with a pt of ~1700. Its going to crab at the top for a good day or two, thats your sell point.
(bought 200 @$40)
hold bros and gl

>>27135544
You don't.
HODL

>>27135544
TWO WEEKS.

>>27135643
This is their last hope.

But we won’t sell.

If we don’t sell, the stock will rise.

You must have the stocks to cover your ass.

We own the stock.

>>27135643
We are not selling kike

>>27135647
Nose

>>27135641
trading212 is blocking, probably interactive brokers too, revolut is also having issues
>>27135639
can't even login to etoro and there are reports of blockings as well

>>27135544
someone explain this to me. after all the shorts get hammered, the stock is going to plummet to $2 a share and all of the retards holding are going to get buried. what's the point of this? this looks like a jew psyop to me.

>>27135596
>Arresting people for buying and selling stock.
Um, no sweaty.

>>27135642
I did

>>27135652
The short holders MUST buy the stock to close their positions.

We own the stock.

They MUST buy it from us.

We won’t sell for 2,50 or 500

We set the price.

>>27135608
If you can force a massive short squeeze than $300 is extremely undervalued.

instead of thinking that you're making money on this, try to think that you're making a better world. You will take these fucks down and whatever price you're paying is cheap.

>>27135637
15 days old info. Eh, kikes gonna fuck you hard.

>>27135544
NEVER
https://i.4cdn.org/wsg/1611850255780.webm
HOLD STRONG LADS THIS IS BIGGER THAN YOU AND ME

>>27135655
poweless swede LARPer

>>27135544
You only sell above $1k. If it isn't above $1k you don't sell it. Simple as.

All of these meme stocks you see being advertised about are nothing more than pump-and-dump schemes.

They want you to invest and artificially skyrocket the value of the stock so they can sell it off and make a huge profit and leave you with nothing when it inevitably crashes back down.

That's why they are so intent on having you hold out. You are getting punked by fraudsters.

>>27135660
Only the weak and greedy will ruin us. We have seen your fear.

>>27135544
shorts have not covered yet.

The big guys already made billions. Look it up, black rock made 2 bil.

You were a pawn. Sell now.

>>27135544
Just some random retard's GME DD

Looks like he like's it.

>>27135663
if this was a simple pump and dump we wouldn't have it up at near 3000% you dumb shit. The more you sell the less they lose. That's the whole god damn point. Even if you have 20 dollars buy GME before they grab it up to cover their shorts.

If the government is forced to bailout the hedges, what happens next? No more stimulus checks for the fat lards in America?

>>27135544
Hold until the Tendieman comes.
https://i.4cdn.org/wsg/1611850255780.webm

>>27135599
bro money can buy this happiness what matters is who is paying it lol

return of local financing and mom and pop stores and reasonable competitive markets, hopefully. or a bunch of faggots and families kill each other for money

>>27135544
They're going to have to halt it. Otherwise people will find a way to buy it. There's already talk of halting it. This redpill is a gigantic gift from KEK.

>>27135544
30 years.

>>27135670
I doubt it they are already shitting their britches that their divisiveness is not working anymore

>>27135544
Go ask fucking /biz/ get the fuck out of /pol/ fuckwit

>>27135544
You don't

>>27135659
"soon may the tendieman come..."

>>27135544
if youre in it to make money, sell it
if youre planning to fuck the bankers and send them a message hold it

>>27135674
Even if they do.
just hold it. see >>27135667 for a DD from a retard. I'm not saying you should but the DD from that retard shows historical evidence of GME doing very well the next 52 weeks. Specially now since, of the normies jumping in on the band wagon.

Kinda funny if they halt a stock called game stop due to their own game being stopped.

>>27135560
Interest is paid on borrowed stock, so that would be 5 years of interest

>>27135643
This guy is a massive shill or is even more retarded than the wsb retards.

Guy can't even add. Imagine the smell.

>>27135544
Never, or you didnt get the reason we are doing this. Your money is worthless anyways, it is all fake.

The Vikings soul flows through us all. We hold until all the tears and blood of Wallstreet soak the street as they throw themselves out of their buildings, but no valkyrie will catch them as they are not worthy enough for Valhalla.

Shit like GMe needs to heppen every year during holocaust month. Thanks for holocaust month Trump ya kike

>>27135677
Australians are so fucking cringe

>>27135544
Whenever you feel like, you don't have to part of the meme

>>27135572
It probably won't crash the market, but it absolutely could. It's not GME - per se - that would do it. It's the change in mindset combined with the fact that all these banks have just absolutely toxic garbage on their books and since the economy has been basically non-functional for twelve months, there isn't any slack left. We spent several hundred years winding up to this; the unwind will be spectacular.

>>27135544
When it hits 1k

>>27135544

>>27135572
>You can make an easy argument that this isn't coordinated.
"I buy all my consoles at a GameStop. That's why I bought their stock."

>>27135611
I don't understand why is it still going up. Are people still buying?

Oh no. The poor hedgies, they'll have to live with debt and interests they can't hope to pay. The horror. Won't someone think of the hedgies?

>>27135681
What disgusts me is the hypocrisy of the government response. They're talking about criminally prosecuting the redditors for "market manipulation." How is seeing there's a large short position in what the redditors' saw as an undervalued company endeared to them from the days of their youth, cheering it on as they buy it while witnessing the demise of the shorts scrambling to cover, knowing the short-covering will only help their position, "market manipulation?" This shit goes on all the time on Wall Street. It's as old as markets. As old as civilization itself. All of a sudden it's bad when the goyim know and prominent Jews with politicians' hands in their pockets get hurt. The redditor's saw something the shorts don't. Both can't be right. Cry harder, shorts.

>>27135660
Hes not really powerless. If you own gme you have them by the balls. He is right

>>27135572
what happens if people don't sell? they can't return the stocks, what the penalization for contract breaching?

>>27135698
Interest. Priced based on the stock value. Should be about over a billion a day now

>>27135634
>even my ABNAMRO account was locked by just 2 shares
Could it be that there are no more shares to buy?

Go ask a riddit ?

>>27135681
Also the shorts were arguably the first to attempt "market manipulation" by taking such heavy positions they drove the price of the stock down. For once they got pwned on a massive scale. Boo hoo. That's why there's a blurb about risk in every investment ad.

>>27135694
Yes, the hedge funds.

>>27135611
Why do retards like you fail to acknowledge that GameStop can issue new shares whenever the fuck they want and cash out at the top and leave you dumb faggots holding the bags?

>>27135699
can't they produce more stock? I know they do it legally to increase capital of a company and stuff like that. I can see them do something like that as an "emergency measure to save the economy"

>>27135705
>I can see them do something like that as an "emergency measure to save the economy"
Then there will be more people to buy and hodl.

>>27135705
They can, just not before doomsday.

>>27135703
kek, they're basically now competing with each other for basically reduce potential losses
>>27135707
when is doomsday?

>>27135544
I had no idea /biz/ hated the jews almost as much as /pol/ does, great board.

>>27135704

Thats ok we'll buy that too.

Its game over faggot now take your big nose and find another sucker

>>27135711
/pol/ is the most diverse group of racists ever

>>27135704
>can
Lol

Did they really stop the market because of that shit ?
So the game is rigged from the start ?

>>27135708
Friday
Keep in mind it takes days to buy all they need and they have to find people willing to sell

>>27135544
A short squeeze will happen if people hold onto the shares they have already bought. This means that those greedy fucks who were shorting gamestop bigly will need to buy millions of shares at the current price as they owe them to the people. This will cause the price to skyrocket as more shares are bought at an ever increasing price.

There will be a point where gamestop plummets back down when people sell their shares but timing it is next to impossible. I'm going to dump half at $950 then let the rest roll. Keep an eye on the short interest for $GME

>>27135710
Nice fantasy retard, but here in reality where the good goys never win, the hedgies will buy those new shares and resolve their debts after which the price will crash back down below 20 and you dumbfucks will all turn back into your natural form, pink wojaks.

>>27135705
The board and officers already own stock. Creating more would dilute the value of their own. The scarcer something is the more valuable it is. They could do this on a small scale to raise money to help keep the company afloat.

>>27135714
Only a couple US brokers halted trading. Robinhood cut it off completely and TD stopped leveraging trades. Everywhere else was just fine.

>>27135696
they'll need to tread carefully, any court case will have huge media repercussion and I don't think they'll want to set precedents that can and will be used against them in the future

>>27135719
>TD
>US
There’s a reason why I stopped doing business with those worthless fucking leafs

>>27135714
>>27135719
Its because the clearing houses didnt have enough money to cover what the brokers were trying to sell. Its a lotta fucking money.

>>27135659
Absolutely blessed and based post Anon

I never thought I'd see the day 4chan is willingly rooting for redditors

>>27135721
TD in Canada didn't do anything from my understanding, it was only the US division. Every Canadian broker was just fine.

What s the point of stocks?

Does companies that go public see any of that money?

I'm a spud so have no idea. It just seems like betting to me.

>>27135720
Boxed themselves into a corner. Praise KEK.

ahhh where are all my (you)'s?

>>27135544
Good luck trying to sell your stonk.

I call money making by gambling the "online casino rule". What does it mean, you may ask. It just means that it's easy to buy, but as soon as you want your earnings back somehow you never get your money and only excuses.

NEVER BUY ANYTHING IF YOU DON'T KNOW HOW YOU GET YOUR MONEY BACK! The simple question is "who is responsible to pay you out?" and "are you EASILY able to force the person legally if he doesn't want to pay you?"

If you can't answer those two questions with a 100 % certain "YES!!!!" then you should never "buy" anything.

>>27135598
Need to change my sell orders from 10k to 40k

>>27135967
Maybe don't use shitty brokers then

>>27135726
There are only two ways to play this game. You either go slow and steady in safe stock with decent dividend yield and leave it there forever, or play Russian roulette with the meme stock and crypto shillers, the same people who will try to convince you that only one of these is actual gambling

>>27135596
7 million Robinhood users own GME stock. You think they are going to arrest us all? Do you know what that will do to America? Heads. Will. Fucking. Roll. And I’m ok with that.

>>27135705
Why would gamestop produce more stocks to help the people that are shorting them?

>>27135659
It's for you.

Guys, the interest on their short positions is only like 30%. That is high but with a total short position of around 11 billion USD on GME, the daily interest is maybe around 10-15 million USD per day, not at all in the billions. Stop making things up.

>>27135579
press secretary's brother is a portfolio manager for one of these hedge funds.
just scrubbed wikipedia of this info in the last day.
this is shining a spotlight on our economy being completely fucked by covid actually benefiting the pieces of shit telling you you cant go to work anymore.

>>27135550
Hodling and passing down as a family heirloom

>>27135582
there was plenty of opportunity to make loads of money on this.
that ship has sailed imo
guess i gotta continue eating tuna until the next big thing.

>>27135585
volkswagon was actually worth something though...
gamestop is fucking gamestop....

>>27135595
yeah, the time passed. if you got in before 100 bucks, you made a little money, possibly a lot of money.
they are going to make shorts illegal after this.

>>27136527
The underlying asset means jack fucking shit when it comes to the inevitable mechanics of the market. We could have driven the price of a literal pile of dog shit into the billions, if Jews had shorted it enough.