/biz/ - Business & Finance

>>29513412
Is the Squeeze Squoze?
Diamond hands!

2 more weeks.

>>29513412
Unironically I can't believe people see this as a good thing. Gamestop is dead. There is no future for it.

>>29513997
Hard agree. They are going to replace him probably with an EVEN WORSE CFO. Transformation? More like downfall. Even if you replace everyone on the c-level and move into e-commerce and esports there's no way that the fair value price of GME will ever go higher than 1k. What is GameStop thinking?

>>29513997
https://www.cnbc.com/2019/01/30/musk-says-tesla-cfo-deepak-ahuja-is-leaving-the-company.html

Same happened to Tesla, before the parabola

So you’re saying the shorts have been covered?

>>29513412
All according to plan

>>29514374
> >"a search for a permanent Chief Financial Officer with the capabilities and qualifications to help accelerate GameStop’s transformation."
> GameStop intends to appoint Diana Jajeh, who is currently Senior Vice President and Chief Accounting Officer, to the role of interim Chief Financial Officer
try harder

>>29514374
All GameStop needs to do is pivot to a store that mainly sells gamer peripherals like those dorky chairs and lore books.
But they’re retarded.
Good riddance.

They stole a lot of money from me growing up

>>29513997
BUT THE HECKIN DEEP VALUE REDDITOR SAID HE LIKES THE STOCK!!!

>>29514374
also no one here says
>hard agree
get the fuck off my board kike faggot

>>29514495
You know it corrected at the beginning of 2020 right? Parabola didn’t start until COVID bux flooded retailer investors

>>29513412
He misread the memo and dilated instead

>>29514690
(((YOU)))

Shareholders meeting?

>>29514495
Tesla and Gamestop are two different beasts with much different brains running them and at the time that CFO resigned Teslas body as a result of the brain was that of an olympic body builder.

GMEs body is that of a 13 year old kid in Africa. Iit's a dumb to just point at Tesla and just go "YEAH THIS IS HOW IT'LL GO." Shit even lets not act as if this is some EXTREMELY rare thing that has only happened once or twice in history. No fucker,this shit happens all the time and companies go under or average out when it happens.

You guys do realize that if this triggers a shareholder meeting the GMEfags are rich right

>>29513997
Gamestop is going to make an online store and replace steam

I can't believe how retarded this board is.

>>29515580
why?

>>29515057
You made too much sense till you start shit posting on Africa.. Stupid lol

>>29515580
this

>>29515725
They will leave soon, this is just flavor of the month.
Just let them do their little "grown-ups game".

>>29515764
As I understand it from reading the GME threads
>A share holder meeting means there will be a stock recall
>Stock recall means the naked shorts are exposed
>For SOME REASON I don't know or are even aware of the technical reason, means the hedgies get BTFO and the real squeeze just flat happens

>>29515668

>>29515764
Shares must be in the stock owner's hands to vote, so it will trigger a recall of most if not all of the shares. The shorts do not have a choice and are forced to give back their borrowed shares which raises the price as they do so. They won't want to be at the back of the line when the price continues to rise.

>>29516248
What the fuck are you talking about? lmao

Do you think all short positions on a company's stock are automatically cancelled every time a company has a shareholders meeting? What? You fucks are even worse than the Qtards at this point.

>>29516819
You are required to return borrowed stocks. There has been a huge amount of naked shorts. That is a problem. It is not complicated.

>>29516819
You're both retarded. There's most likely naked short selling going on that's why a share count might cause a squeeze.

>>29513997
Anyone who sees this as a bad thing wasn't aware of the Gamestop story before the squeeze. Period. You wouldn't even be able to name the outgoing CFO if the article didn't spoon feed you.

>>29516929
You haven't learned a god damn thing. They own the system. They, meaning both the government and the financial industry, will bend the framework to fit whatever the fuck they'd like.

They're not going to put the American economy at risk just so a few neckbeards on the internet can make some money on a shitty videogame stock.

CLF set to join S&P

>>29516981
Why would a count cause a squeeze though. If the shares never existed then what's stopping them from continuing to state that ""fact"" and not hand them over. On the flip side even if they DID hold them accountable what exactly actually drives the price up?

>>29517124
I don't think you have been following this shit at all.

>>29517290
I honestly do not know. This shit never happened in at least modern history.

>>29517124
No one's talking about destroying the economy fucktard. Someone just asked why a vote would be good for GME shareholders. It's a fact that shorts will need to close and return borrowed stocks. Now, move the goalposts some more.

>>29516929
>We’re sorry anon but only accredited investors will be able to participate in this vote. Don’t worry we’ll hold onto your shares for you in the meantime.

>>29514495

>Electric vehicle manufacturer = Company still selling physical copies of video games

>Emerging market = Dying market

k

How are people still in this shit?

>>29518551
Most shorts have not exited. What happened on the 28th was most likely a gamma squeeze.

>>29518878
why would they exit?

>>29518924
Paying interest on loaned stocks.

>>29519014
in my opinion GME is going to penny stock territory. Interest is nothing.

>>29519194
You're honestly retarded if you think that. There is not a single reason it would drop below 10$.

>>29519327
Even Toys R Us' was a better business model schizo.
GME will go the way of blockbuster.

>>29519575
I own 9 GME, if you are not a pussy put your money where your mouth is and buy puts.

>>29519575
Feels fucking good to hold GME when this is the kind of people against it. Thank you OP.

>>29519957
I mean I'm a scalper so I don't really hold options for a particular length of time.
Just not my cup of tea. And I wouldn't bet against the collective autism of Reddit to burn me on the theta.

>>29520055
My question is why aren't you against it?

Who in the world has had a positive experience shopping at Gamestop? Its a company that was built on exploiting the ignorance of children wanting to buy video games.

>>29515668
You need a good game to force people into your shit. Valve pushed Steam with Half-Life 2. What does Gamestop have.

>>29519194
It might be but in the present the interest is still compounding. If GME was heading down to sub 2 digits that would be the case that they could ride it out.

>>29520270
There is no Gamestop in my country, as a kid I never had a store that exclusively sold videogames.
That's the problem with you americans: You just complain about shit while looking in the mirror.
You think your system can't fail, you believe in the dollar above all things.
You should get back to reality sometime and GME might just be it.

>>29521620
>don't live in the clouds kid
>this failed disc pawnshop will transfer all the jew wealth to me!

uh umm ok I'm gonna walk a way now

I got 1 share of GameStop and 98 of AMC. They could fuck over the redditors and normans because then it would bring more people to crypto.

Bullish for DeFi and chainlink.

>>29521750
Yes, that's exactly what I said.

"lmao fucking kek"

>>29514758
Kek

>>29515850
You have to go back
Fuck niggers

at least AMC has the tom and jerry movie. gamestop is fucked

>>29520473
battletoads

>>29514758
kek

>>29513412
They still could have diluted at $40 and made way more morning than they could have dreamed of.

>>29525047
the reason why they cant dilute is because of Ryan Cohen who almost deposed of the CEO for trying to dilute at 13 dollars a share after poor Q3 earnings

where the fuck arer the shorts

>>29514758
kek
bonus (you)

>>29525889
>where the fuck arer the shorts
>>29513412
OH GOD
DID WE FUCK UP BIZ
WAS REDDIT RIGHT


@ihors3
$XRT short interest is $1.350 BN
17.04M shares shorted
195.90% SI of Float
66.20% S3 SI% Float
2.57% fee.
Shares shorted up +171 thousand shares, worth $14 million, +1.0%, last week.
Shorts down -$165 million in 2021 mark-to-market losses; up +$17 million on today's -1.3% move
https://twitter.com/ihors3/status/1364320869858820100?s=20

>trump will prove the fraud
>they will cover the shorts
Lmao, I don't believe on you anymore

>>29514655
likin' those dubs

>>29525047
They might have needed to dilute, but you need to dilate.

>>29514606
>Oh geez, guys, you know who's really good with finances? WOMEN!

>>29517290
because that would mean grandma doesn't own any shares of GME (and neither do you), she has IOU's from cunts like Melvin which turn into FTD's at the stroke of midnight.

>>29524009

I'm looking for the most to date % of holdings from XRT and I can't find reliable info. Each one of the webs I visit gives me a different number.

>>29527421
>>29527760
Bro

>>29516113
Probably has more to do with the Failed to Deliver stocks. All those are forcibly removed and liquidity for the stock dries up because nobody is selling

>>29513710
upboated and based and redpilled fren ice cold diamond hands here!

the squeeze is not squoze

>>29526158
everyone mentioned about xrt being used to cover. I dont think anyone after that mentioned it

>>29526158
For those of us with superior chromosome counts this means?

>>29515668
Good luck replacing comfy ass steam engrained in all our brains since childhood

>>29514758
ok that actually made me kek

>>29517124
>They own the system. They, meaning both the government and the financial industry
It's ok Anon, you can just say "jews" here on 4chan. Or, you know, you could just fuck off back to plebbit.

>>29528558
China's Epic is well on its way. Giving free games weekly to snag users. I doubt Gamestop can put that but I don't count them out. They're the underdog on its way back up out of the gutter. Steam is big and full of itself at this point. They don't even feel they have to try anymore.

>>29513997
kek fuck gamestop. Sell me garbage at top dollar and offer me $20 for my used console. Either way if you somehow managed to lose money while playing with GME you probably should go back to waging.

>>29528871
You can also say fucking kikes.

How risky is buying GME calls right now

>>29529950
Don’t be a pussy just do it

>buy into an overvalued stock of a dead company at the peak of the bubble
>blame the brokers for you dumb financial decisions
>the state of Reddit

GME bagholders on suicide watch

Why do people hate GME so much? What did GME do to you?

>>29530646
It's like when a fat girl thinks she's the hottest person alive and you can't convince her otherwise because she's too delusional and stubborn.

>>29530646
People who paper handed GME are FOMO-buying it everytime it goes up 5 dollars lol

Wasn't this damn squeeze supposed to be sure-fire the first time? Y'all were so sure before, what's different this time?

>>29530295
>Blame the brokers
Yes.

I love the posts that pretend GameStop is a failing dusty little store next to the toilet area in some failing mall. There's literally 2+ Game Stop stores in every city in Italy lol. Game Stop us HUUUGE and sometimes they have Monopoly on retail games in entire countries

>>29532047
The squeeze was going strong, experts in MSM say that it would go beyond 1k dollars of it wasn't for a collaborative effort by brokers to restrict buying and force selling.

>>29530646
Literally profited for years from children not having easy access to prices of video games, or online alternatives.

They offered me 2 dollars for Lady Sia.

>>29532154
>GameStop is a failing dusty little store next to the toilet area in some failing mall.
but that's what it is

>>29532391
And now you have a chance to take back all that money from them.

>>29532391
tfw I bought Lady Sia from them and it had an unbeatable level because the copy of it was glitched

I'd fuck her tho

OH FUCK GME BROS!!!!!!!!!!!!! WE GOT TOO COCKY AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>>29532462
a failing dusty little store doesn't make billions from e-commerce.

>>29513412

>>29513412
kek

>>29516248
just like volkswagen
TIME TO BUY BUT FIRST SELL SO I CAN BUY CHEAP

>>29534228
lel

uhhh

>>29535805
Well technically that was just a pump and dump. If enough people were involved in any other stock it would have been the same.

>>29527228
I don't understand. Who is Grandma? And FTDs don't do shit. The Hedgies have fucking loads of them and NOTHING happened to them.

>>29535966

>>29535805
I can't believe it's still transparent kek
at least fix your shit

Lotta fudders itt. We need more deers.

>>29536538
Whatever was going to happen already happened. It's over.

>>29536538
>still up 300%
??

>>29519575
Put your money where your mouth is and short GME to no tomorrow.

Now don't get me wrong the people who bought GME at the top and are still holding are retards but theres no way this stock falls that much in price after the sudden influx in cash.

>>29515668
Just look at Epic Games Store and what they "achieved" despite having Fortnite in their launcher and giving games for free every week.

>>29537153
Im a high volume options scalper

Yall act like there's only one way to skin a cat. All sorts of traders here.