GME

[Anonymous No.26604866]

Someone explain why exactly this is going to go to $1000 before it pops

[Anonymous No.26605022]

(((Melvin capital))) MUST buy shares by the end of the week to cover

[Anonymous No.26605173]

>>26605022
this. Set your limit order high, they have to buy

[Anonymous No.26605194]

>1000
It is going to be bitcoin 2017 if it hits 1000 before monday.

[Anonymous No.26605338]

>>26605022
why does it not get simply liq'd?

[Anonymous No.26605348]

>>26604866
>>26605022
apparently they took out 140% of floating shares and they're getting margin called friday. That means they have to buy every stock sold on the market at whatever sellers want to charge, and then they have to buy 40% more. The hedgefund that exposed themselves to this doesn't have the money to cover this, so that will activate the assurances that their parent banks provided to bail them out, cascading into a massive loss for wallstreet. This is a fucking historic event.

[Anonymous No.26605563]

>>26605338
Brokers are on the hook if melvin folds

We will get our pound of Jewish flesh

[Anonymous No.26605571]

>>26605022
So this is basically a 0% risk bet because they broke the law and illegally shorted more stock than existed in the market? They basically have to pay every investor and on top of that convince 38% to sell again. Can anything save them, since their FUD has failed. It's not like SEC can reset the stock to $48, right?

[Anonymous No.26605692]

>>26605571
I’m wondering this too

[Anonymous No.26605777]

>>26605563
so basically their shorts (!) are different than what we have on bitmex?

[Anonymous No.26606012]

>>26605571

They will have to liquidate whatever assets they have. They are eternally fucked. Imagine being so arrogant that you short over 100% of the stocks lol.

[Anonymous No.26606053]

How does a stock market newb retard like myself get in on this?

[Anonymous No.26606326]

>>26606053
just buy and hold

[Anonymous No.26606366]

>>26606053
Buy and create a sell order for $1000+

[Anonymous No.26606420]

>>26606326
I know absolutely zero about how to buy. Do I need to have a broker? I'm totally game for what's going on here and would love to help and profit.

[Anonymous No.26606445]

>>26606053
Wait until people sell then hold bags while we cash out

[Anonymous No.26606551]

I just set 100 limit orders of GME to buy for $2000 each
Am I doing it right fellow fraud marines?

[Anonymous No.26606558]

>>26606366
Is there a sticky or QRD I can read to get caught up to speed? I have zero knowledge of investment. But I do have some pocket change.

[Anonymous No.26606575]

>>26605338
they keep funding their account

[Anonymous No.26606672]

RICHEST MAN ON EARTH IS IN IT NOW
THIS IS NOW A MATRIX MEME
GET IN GET RICH OR DIE TRYING YOUR ONLY CHANCE IN LIFE

[Anonymous No.26606717]

alright im gonna throw all the cash in the world i have at this bros. we're all gonna make it

[Anonymous No.26606846]

Why does everyone keep recommending buying shares instead of call options? (((they))) are 100% guaranteed to have to buy all the stock back and your buy options are gonna be a lot cheaper way for them to do that.

[Anonymous No.26606909]

>>26604866
they shorted GME 169% of float. The beauty of it was that after the shorts got squeezed out they went back for more and loaded up again. Remember to cover their shorts, at some point they HAVE to buy shares (at a massive loss) which only sends the price higher

[Anonymous No.26606946]

It's too late to get in on this tomorrow morning right?

[Anonymous No.26606997]

>>26605348
Or they buy nothing and default on their short. They are broke and that's it.

[Anonymous No.26607023]

>>26606946
I hope not, robinhood wont let me deposit until then. If it really goes to 1000 buying in at any price isn't too late

[Anonymous No.26607057]

>>26606846
i think the idea is to lower the amount of available shares that can be borrowed and shorted

[Anonymous No.26607434]

So what's stopping me from selling my shares for 1 Million a piece on Friday, if they "have" to buy every available share?

[Anonymous No.26607462]

>>26605348
>>26605571

So could we not just sell our stocks at 1 million a pop then? I mean if they HAVE to buy 140% of them, and I own 30, I can put mine at 1 mil each right?

I know that sounds retarded but can that happen?

[Anonymous No.26607521]

>>26607434
>>26607462
Kek

[Anonymous No.26607599]

>>26606997
THIS

[Anonymous No.26607633]

>>26606946
>tfw missed YET ANOTHER once-in-a-lifetime stonks opportunity
>tfw someone multiple once-in-a-lifetime stonks opportunities have occurred in the past 12 month period
>tfw didn't capitalize on any
I deserve to be a slave to my job for the rest of my life

[Anonymous No.26607706]

>>26607434
>>26607462
you wont be able to find an exchange that lets you list a price more than 150 percent of the currently value, thats basically the limiting factor

[Anonymous No.26607740]

>>26607633
it's not a one-time opportunity
war with kikes has been waged
it's only the beginning

[Anonymous No.26607746]

>>26606420
You need to open an account with a broker. depending where u live your choice might be somewhat restricted.

https://brokerchooser.com/compare-brokerage

Don't do something stupid and put everything you own. Just the bit you feel ok parting forever with.

[Anonymous No.26607772]

>>26606997
Is the brokerage firm that allowed for the lending to happen going to be liable? I mean imagine I lend you a million shares at 4 dollars and they’re now worth 200 million and you say “lol oops I’m bankrupt sorry” wtf this is gonna hurt the people who’s brokerage firm lent the shares out the most

[Anonymous No.26607787]

I probably just bought the top.

[Anonymous No.26607840]

>>26605571
this stonk will skyrocket to 10k soon. kek.

>>26606420
get and "etrade" account. It's pretty simple.

[Anonymous No.26607851]

>>26606997
This. Ya'll know fuck all about how this stuff works. Stop reading reddit.

[Anonymous No.26607914]

>implying the jews will every pay for their crimes
>implying they won't get the biden administration to say this is domestic/russian economic terrorism
>implying the taxpayer wont eat the debt

[Anonymous No.26607937]

>>26607851
Cope

[Anonymous No.26608034]

>>26606846
keep shares scarce

[Anonymous No.26608087]

>>26607937
Compelling reddit tier argument.

[Anonymous No.26608203]

>>26607746
Thank you.
I've always been kind of curious about it but now seems like a good time to delve in. Thanks for the starting point. I'm researching online now

[Anonymous No.26608351]

>>26606558
> no experience with investing
> “my first investment should be buying a literal pump and dump that is up 1000%+ over the last few weeks”
Never change /biz/

[Anonymous No.26608359]

>>26608203
We are at almost peak of bubble now stock market wise. Honestly bro, be very carefull. Won't say to wait for dip but play it safe.

[Anonymous No.26608471]

WHY WON'T IT LET ME BUY

[Anonymous No.26608609]

>>26607706
I just set a sell limit for 10,000. What?

[Anonymous No.26608903]

>>26608351
>too retarded to know the difference between a poomp and a short squeeze
off yourself

[Anonymous No.26608949]

>>26606846
The whole idea is to buy and HOLD to take them off the market so that they can't be lent out.

[Anonymous No.26609035]

>>26607787
It doesn't stop at the top

[Anonymous No.26609105]

идeт бык пo лecy, видит гeймcтoп гopит
ceл в нeгo и cгopeл

[Anonymous No.26609199]

I wonder how likely $10,000 is. There's a huge sell wall at $1000 but during a squeeze will that even matter? $10k/share would make me a millionaire even though most of my investment is in a taxable account

[Anonymous No.26609490]

>>26609199
The brokers will have covered their positions by then, it will probably crash after 1000 with a dead cat bounce

[Anonymous No.26609588]

>>26609199
it's not gonna happen, get out at $1488 at the latest. there comes a point where they would rather just have Melvin and co get liquified or go insolvency path.

[Anonymous No.26609981]

how do I buy some now that the market has closed on eToro?

[Anonymous No.26610242]

>>26609105
Бecкoнeчнoe чиcлo мaтeмaтикoв зaхoдит в
бap. Пepвый зaкaзывaeт oднo пивo. Bтopoй - пoлoвинy кpyжки, тpeтий -
чeтвepть.
Бapмeн oтвeчaeт:
- Boт дypaчьё!
...и нaливaeт двe
кpyжки жидoвcких cлёз

[Anonymous No.26610260]

>>26605777
Checked
Not much different, but they keep adding to their short position
Right now if it's over $115 by Friday then BTFO
But they're buying put options, which means they must buy when the puts expire, which would caused the price to surge even higher

[Anonymous No.26610756]

>>26604866
dumb fuck Hedge funds shorted 145% of all shares available. People buy and hold = nothing for them to buy = huge losses. It's not only going to 1000, its going to ~2700 if you fags don't get greedy and sell.

TLDR: billionaires have to give GME 2.5X their company in the next 2 months.

[Anonymous No.26610894]

>>26610756
How do you come up with that number?

[Anonymous No.26610937]

You guys thinks its happening to amc too? I was debating picking gme and amc and chose amc thinking the same thing was happening and it went up 40 %. Ive been buying stock for a couple months am i a god?

[Anonymous No.26610955]

In a 2015 book, “Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future,” Musk said that Salzman “balked” at providing more funding to the fledgling car company. Salzman made Musk come meet him the next morning to pitch him again.
Despite his efforts, Musk said he was still denied.
“The only reason he wanted the meeting at his office was for me to come on bended knee begging for money so he could say, ‘No,’” Musk said in the book. “What a f**khead.”

Precisely the moment Musk turned /pol/
Precisely why he tweeted "Gamestonk" today.

[Anonymous No.26611167]

>>26604866
our buddies melvin and citron have to buy

[Anonymous No.26611292]

there's talks of it going to the price of gold. Thoughts?

[Anonymous No.26611388]

>>26606997
The fundamental problem with that is that they've already accepted the deal. Like, they took the stock and short sold it. So, if they fail to return to that stock, the institution they borrowed from gets fucked. Thus, it's really everyone trying to avoid losing their own interest in the entire thing.

[Anonymous No.26611658]

>>26611388
What if they run out of money? Then what?

[Anonymous No.26611679]

people who are short stock will be FORCED to buy by lenders. the price will jump like nothing we've seen before. when the actual squeeze happens it could go from like 800-3000 no one fucking knows. the squeeze hasn't really happened yet, it's still shorted over 100% of float, some of this upward pressure has been from short sellers exiting positions but more are picking up shorts as it raises and peope are holding existing short positions.

[Anonymous No.26611831]

>>26605571
im thinking it's too good (bad for wall street) to be true, i feel like they will somehow get bailed out of this one, im going to sell Thursday afternoon. ill probably miss the actual squeeze

[Anonymous No.26611912]

>>26606946
it's not , squeeze is friday

[Anonymous No.26611959]

>>26611658
Honestly? The best indicators we have is something like this
>Brrrr goes to parent bank
>Parent bank gives hedge fund loans to remain stable and fulfill obligations
>GME is bought under the agreement and returned to broker
I ASSUME
>Stock price fucking collapses and dead cat bounces a bit because of lack of interest and over reaction (i.e., GME still has SOME value as a company)

But really, this entire situation is bizarre.

[Anonymous No.26612010]

>>26604866
Do I need to wait untill my eToro account is verified or something? Got 1000 dollars ready but for some reason I cant buy shares

[Anonymous No.26612011]

>>26610937
dont amc is defo being shilled

[Anonymous No.26612061]

>>26610955
He's cheap

He could ruin that guy's life with his billions, but chose to do it with a single tweet instead

[Anonymous No.26612199]

>>26612011
Checked just sold all my amc after a 40 percent boost to my nest egg.

[Anonymous No.26612215]

>>26612011
AMC will be like a 1/5 of what GME is doing, my calls already up 400% and im not fucking selling

[Anonymous No.26612331]

At what price do I buy guys? How can I know what it goes for when the market opens? Do I just have to be present and quick when the market opens? Please help a poorfag.

[Anonymous No.26612390]

>>26612011
i think this too, the hedgies are shilling it and will dump eet soon

[Anonymous No.26612459]

I've been waiting for 3 weeks for Qtrade to approve my application apparenty they are the busiest they've ever been.

Started an interactive brokers application - anyone know how long it could take to be approved? Ridiculous that I'm allowed to put all of my money into crypto (or gambling) without approval, but to put just $500 into stocks I need to answer 500 questions

[Anonymous No.26612516]

WHERE CAN I BUY GME STOCKS WITH BITCOIN OR EXCHANGE TO FIAT EASILY?????

[Anonymous No.26612538]

>>26604866
they're shorting 130% of the entire stocks supply

[Anonymous No.26612578]

>>26612516
Don't fucking sell your bitcoin retard.

[Anonymous No.26612750]

>>26607633
Buy AMC stocks retard

[Anonymous No.26612899]

im a lifetime poorfag without a dog in the fight here but i want to thank you all for the laughs

[Anonymous No.26612936]

>>26607633
Buy BB stocks and tesla.

[Anonymous No.26613166]

YODEL-LAY-HEE YODEL-LAY-HEE YODEL-LAY-HEE YODEL-LAY-HEE YODEL-ODEL-LAY-HEE-HOOOOOO

[Anonymous No.26613871]

>>26610260
puts are for selling and are, you know, optional to exercise. are you sure you know how this works better than paid professionals?

[Anonymous No.26614063]

>>26613871
>t. nervous melvin capital intern
Yes but they have to cover it some more otherwise
The market can remain autistic longer than jews can remain solvent

[Anonymous No.26614146]

it doesnt take a genius to realize what happens to GME stock next

all you literally need to do is short it now and maintain that short position through monday or whatever when all these retarded fags sell

[Anonymous No.26614843]

>>26606420
This is a high risk play. DO NOT put in more than you can lose without losing sleep.

[Anonymous No.26615096]

>bought $500
>change my mind a few minutes later and sell
>it's only been 15 minutes since I started trading and Im already down 8 dollars

Fuck it, I'm not cut out for this. Everyone can just get rich without me.

[Anonymous No.26615205]

>>26614843
Not him but I need to go all in on this.

[Shiroyuki No.26615220]

>>26604866
I'm buying 1 or 2 shares tomorrow just for the meme magic. Bless this shit

[Anonymous No.26615386]

>>26615220
same...

[Anonymous No.26615402]

>>26615096
You get used to it. Eventually you don't think of it as money, and it's just a number on a screen.

[Anonymous No.26615981]

>>26615220
Shares? Buy deep otm weekly calls with your whole stack, pussy

[Anonymous No.26616484]

https://youtu.be/4EUbJcGoYQ4
Louis Rossman based take on the HEDGIE FAGGOTS.

[Anonymous No.26616529]

>>26608087
seethe

[Anonymous No.26616766]

i hope to make enough money to start my dream spider silk bisnesd

[Anonymous No.26617213]

>>26610937
>You guys thinks its happening to amc too?
No, AMC will not short squeeze. The Cramer is shilling AMC and BBBY hoping to sucker you in to FOMOing. Instead, while watching AMC rise, buy puts in anticipation of an AMC selloff.
Haven't you learned anything from trading shitcoins? AMC is being shilled, and the suckers will run up the price. Then the dump. Nice thing with options is you can make money in either direction.


>>26612011
Yes.

[Anonymous No.26617524]

>>26605571
140% is aggregate short position. Its not all on Melvin alone. There are other shorts.
Its prisoners dilemma, the short who covers first actually wins by taking a loss but then having their shares be bought by other shorts.
Maybe this is what happened today. Smart money shorts took the L to live to fight another day.

[Anonymous No.26617592]

>>26612010
market closed

[Anonymous No.26617729]

>have to wait 2 days for funds to be processed
kill me now

[Anonymous No.26617993]

>>26611831
I agree. There's NO WAY they let the jews get fucked here. They just never do.

[Anonymous No.26618817]

>>26607706
What do you mean won't be able to list it? My bank allowed me to list them at whatever price I want. I can list one for 50k tomorrow if you want, for the lulz.

[Anonymous No.26619195]

>>26617993

[Anonymous No.26619415]

>>26605022
Or they just roll it over and you all rush for the tiny exit on Friday afternoon.
>>26605571
1. It is not illegal.
2. The risk is not 0%, oh my fucking lord anon.
3. When the current swath of panic buyers get palm sweaty again and start dumping there will be no need to convince anyone to sell.

[Anonymous No.26619478]

>>26606946
You have until Thursday's close to get in on the cheap. You have until Monday's opening to get in at a price but still making it from the moon mission.

[Anonymous No.26619501]

>>26604866
Where is proof of this 140% short

[Anonymous No.26619521]

What should my theoretical stop loss be at?

[Anonymous No.26619548]

NEVER EVER EVER SELL LET'S RUIN THESE PEOPLE.

[Anonymous No.26619611]

>>26611388
>We've investigated ourselves and found we did nothing wrong. Try and get a class-action together if you can, but you'll be facing the biggest legal team designed just to stamp you out of existence,

[Anonymous No.26619995]

>>26604866

Here's the basic min/max of it
>Gamestop fucked by pandemic, stores close, shares tank
>Huge investment entities like Melvin Capital, smell blood in the water. They can artificially drive down Gamestop's market value by shorting it's stocks (learn about shorts: https://www.youtube.com/watch?v=4EUbJcGoYQ4&feature=emb_logo)) [Embed]
>Melvin Capital and others are SO confident in Gamestop's demise, they short the stocks over 100%
>Things going according to plan to artificially devalue Gamestop until
>Unemployed NEETs with nothing better to do during covid find out about this >100% short
>Promising news of new CEO, with proven track-record of ecommerce business, all signs indicate Gamestop will not be going bankrupt
>Realize if companies shorting Gamestop can't buy all stocks they shorted, the interest on their borrowed money will increase
>Nerds straight YOLO'ing hundreds of thousands into Gamestop stock
>Hedge markets flipping the fuck out everybody found their gamble, and can bleed them for money by just not selling stock
>Just within this week Melvin Capital got injected with 2.7BIL by Citadel Capital to keep them afloat, and there's no telling how wide and deep this short goes

[Anonymous No.26620447]

>>26619501