/biz/ - Business & Finance

[Anonymous No.26618512]

How will this play out on Friday when shorters have to cover 100% of the market?
I know they are "legally obliged" to buy all stocks but does it mean that
>you can literally put a sell limit of 1M USD per share and it would get executed
Also how does it work if you are not fucking selling your share ? They can't force you at gunpoint to sell your share, and also not even contact every bagholder personally to tell them to sell
How does will this work in practice?
Was there ever a short squeeze of 100% of the market?

[Anonymous No.26618936]

delisted

[Anonymous No.26618979]

>>26618936
does it mean that you get 100% fucked if you didn't sell in that case?

[Anonymous No.26619564]

>>26618512

Bump

[Anonymous No.26619664]

>>26618512
If Melvin et al go bankrupt covering their shorts then the banks that made their investing possible will be on the hook to cover what they owe.
>What if they can't pay either?
Then we're probably looking at a federal bailout.

[Anonymous No.26620057]

People will want to liquidate their shares at a decent price, you are seeing people selling their shares now at 100 to 140, there will 100% be people willing to sell their shares at 350 to 400 at EOW

[Anonymous No.26620182]

>>26618512
I hope you bury those corrupt faggots
they deserve it

[Anonymous No.26620285]

>>26620057
$3500 to 4000 EOY

[Anonymous No.26620341]

>>26620057
What happens if enough people sell their shares? Is the party over?

[Anonymous No.26620375]

>>26620285
Sure, but who gives a fuck?

[Anonymous No.26620421]

>>26620341
The problem is that it's literally impossible for a few people cucking themselves to fuck everyone else, because GME is so overextended on shorts. So even the trannies that take $400/share or whatever won't stop the rest of us from getting $1000/share.

[Anonymous No.26620512]

>>26618512
>redditors using options to manipulate a market forget than anyone else can use options
>>26620341
Bloodbath
>>26620421
>I am very short
>I buy a bunch of calls to offset my short and limit my downside ahead of expiration
2ez

[Anonymous No.26620543]

>>26620421
Is there any way of estimating what the high will be before all the shorts are bought, or do we have to use our gut?

[Anonymous No.26620572]

The markets will crash because the government is going to have to step in, guarantee this was 100% engineered by China/Russia to hurt the U.S economy.

Redditor retards played right into their hands because they wanted to "stick it to the man".

[Anonymous No.26620579]

>>26620341
If enough shares get dumped too soon the shorts will be able to cover at a lower price. I personally am hoping for ~350 - 400, though I have been aware of the Citadel dump, the best play, in my humble opinion, is to cover your initial and ride until 350. Don't set a sell order though, market makers will use that info to dump shares when it's convenient for them

[Anonymous No.26620611]

OY VEY SHUT IT DOWN

[Anonymous No.26620648]

>>26619664
>federal bailout.
but how far would they go ?
Surely the US gov is not going to pay me a French guy to sell them back fucking GAMESTOP shares at 1M USD each

[Anonymous No.26620658]

>>26620543
There must be, it's just that all the people that know the math are probably at work at Blackrock right now

[Anonymous No.26620706]

>Dude infinite money lmao! Sell them for $1,000,000 per share!

I'm a retard when it comes to finance but there's no way this ends well. The fed will step in and unironically shut it down.

[Anonymous No.26620751]

>>26620512
>>I buy a bunch of calls to offset my short
have you seen the price of calls?

[Anonymous No.26620772]

>>26620658
So Waiting until Friday is gambling, and it’s not a near certainty?

[Anonymous No.26620790]

>>26620706
if they do that then China wins. "haha aren't you guys suppose to be about FREE markets"

[Anonymous No.26620794]

GameStop is a $6billion company. Can’t the banks cover that shit? That isn’t even that much

[Anonymous No.26620851]

>>26620648
The banks get bailed out, the hedge goes bankrupt. GME corrects back to $20.

You get to sit on you dozen or so GameStocks and chuckle knowing the dollar is that much closer to Weimar level collapse

[Anonymous No.26620953]

>>26620851
>You get to sit on you dozen or so GameStocks and chuckle knowing the dollar is that much closer to Weimar level collapse
How would that affect crypto?

[Anonymous No.26621051]

>>26620572
>Redditor retards played right into their hands because they wanted to "stick it to the man".
Probably true, but why did the retard running the hedge fund double and possibly triple down on shorts after getting bail out money from other hedge funds? Is his penis that fucking small that he couldn't clear the books, take the L, and go get a job working for one of his friends?

[Anonymous No.26621090]

>>26620772
They will certainly have to buy, which will certainly push up the price, what is uncertain is weather people will hold form now until then - or take their profits, which imo is unlikely. 90% sure the price will continue to rise

[Anonymous No.26621098]

>>26620648
Where did you buy them?

[Anonymous No.26621100]

I can literally sell my initial investment and leave 3k of shares hog tied. It's all covid shimmy money so the 6k stays.

[Anonymous No.26621116]

>>26620772
Again, the problem is the average Anon does not have access to real time data. If we knew how high the SI% was, we could estimate when the high would be at. The best play in this situation for the average Anon is to be in a position where the initial is covered and then ride it out to where they are comfy; if it is not be ready to sell where your balls take you. I personally would aim at Thu./Fri.
Keep your eyes open and be quick on your feet, hope you are using a very liquid broker.

[Anonymous No.26621228]

>>26621051
ego

[Anonymous No.26621328]

>>26620953
The more shenanigans and volatility that happens in the stock market the better it makes crypto look by comparison

[Anonymous No.26621359]

>>26618512
You will see some kikery the likes of which we've never seen

[Anonymous No.26621375]

>>26621116
ALSO, How reliably is ORTEX for real time SI% data? Yahoo Finance and the like are way too fucking outdated

[Anonymous No.26621424]

>>26621051
If you slight a high functioning psychopaths they will not stop until you've been humiliated

[Anonymous No.26621511]

>>26621098
prob some US broker that has contract with my French bank I assume

[Anonymous No.26621576]

>>26620851
So joe Biden economy is gone feel the game stoped allready

[Anonymous No.26621600]

>>26620851
You fucking idiots really don’t understand how serious this is do you? You’re causing major institutions to lose billions of dollars and might even cause the grandparent loaning bank to go under. People will lose their homes, people’s mortgages and investments will be impacted as a result. There is a loser on every trade and mark our words at the end of the day it WILL be you

Enjoy retaining a lawyer and fighting off discovery for the next five years. Was it worth ruining your life for a 10x? Good luck explaining why you’re using words like “Jew” and “nigger” to a federal judge. Enough is enough and it’s about time someone took you man children down a notch.

[Anonymous No.26621610]

yes OP it's your stock so you can set up the price no matter how crazy it is while shorters MUST buy

if they can't afford it the banks will cover it, if the banks can't afford it the government will

[Anonymous No.26621723]

>>26618979
>>26618979
Thats why I'm selling on Thursday after hours. Im not getting caught up in this bitch. Also how do I get around this rule on fidelity

[Anonymous No.26621772]

>>26621511
Oh ok. My bank doesn't have trading, should I use etoro?

[Anonymous No.26621871]

>>26620512
Calls drive up the stock price. They're also paying interest on the short at something ridiculous like 25-50 %. They also are forced to reduce or double down on their posiitionn as the price rises.. Time is on our side not theirs. The fire is encroaching on them in this game of chicken. Shareholders lose nothing by holding. Everything is against them, except for paperhands

[Anonymous No.26621878]

>>26621610
I want to believe but I really don't see how it's possible
what if I put 1M USD per share ? Surely they won't buy back at this level
so either
>due to some unknown mechanism, Melvin is suddently not obliged to buy back all shares
>due to some unknown mechanism, they force me to sell my share at a reasonable level
in all cases this seems to be unknown territory and not covered by regular finance
It's why I'm expecting that small investors like us will get fucked, because they will pull some emergency regulation out of their ass at the last minute

[Anonymous No.26621884]

>>26621328
Nice. Maybe I should buy more tomorrow.

[Anonymous No.26621942]

>>26621772
I've heard it's good
My bank asks me for 15% fees or some ridiculous shit to buy US stocks, I couldn't set up etoro in time

[Anonymous No.26622056]

>>26621878
of course they will, but it's worth trying, companies are already going bankrupt because of this

[Anonymous No.26622071]

>>26621424
Well, he's looking in the ugliest mirror ever created right now. Anons are calculating their minimum pull out amount in order to ruin him. The money almost seems secondary or irrelevant.

[Anonymous No.26622073]

>>26621884
And also you really can't lose on this trade, unless you invest more than $3000
Even if it were to go to 0 (which is literally won't) you can write it off as a short term capital loss
The government is paying you to short the melvin jews!

[Anonymous No.26622088]

Melvin is bankupt at $170 per gme so its literally dead tomorrow. It will be fucking domino and because of this a lot of wallstreet level scams will be exposed as it was in "08

[Anonymous No.26622157]

>>26618512
bump

[Anonymous No.26622161]

>>26618512
Y'all are so fucking retarded. This baby is going 1,000 and there's nothing you can do about it

[Anonymous No.26622267]

>yfw they halt the stock tomorrow due to market manipulation done by foreign powers and/or antisemitism

[Anonymous No.26622270]

>>26621942
When should I sell GME? Won't it crash after Friday when Melvin goes down?

[Anonymous No.26622276]

>>26618512
>They can't force you at gunpoint to sell your share
soon

[Anonymous No.26622299]

>>26622161
The jews have infinite money and will always win in the end. Retarded redditors are not getting a bailout however

[Anonymous No.26622343]

>>26620851
This.

[Anonymous No.26622362]

>>26622073
hahgahahah
AHAHAHAHAHAHAHAA
SETTING PRICE FOR 5K A SHARE

[Anonymous No.26622434]

>>26620572
Man what a shame. If only the hedgefunder didn't shoot itself in the foot setting this up to be taken advantage of.

[Anonymous No.26622710]

>>26622270
Who knows? Melvin has to keep putting up funds to last until Friday.

[Anonymous No.26622812]

>>26618512
Alot of faggots flexing over $300 profit are gonna get waxed?

[Anonymous No.26623092]

>>26620572
Glow harder.

[Anonymous No.26623157]

>>26621723
Robinhood let my post $1488 limit price

[Anonymous No.26623486]

Why are they letting this happen? What's their plan? A bogdacrash?

[Anonymous No.26623697]

>>26622812
They can't get waxed because they can write it all off on their taxes, unlike the faggot jewish shortsellers