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/biz/ - Business & Finance

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26645283 No.26645283 [Reply] [Original]

Why is everyone losing their heads over GME stock? It's only done an 8x this past month. Is that impressive to normies?

>> No.26645317

test

>> No.26645353

>>26645283
You nigger its mathematically impossible for it not to do another 10x dyor

>> No.26645498
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26645498

green thread!

>> No.26645556
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26645556

>>26645498

>> No.26645793

>>26645283
It's guaranteed returns from the expiring shorts and it screws over the kikes.

>> No.26645836

>>26645283
I like ALEPH, I am not impressed by GME. I am impressed by ALEPH. I like it.

>> No.26646305

>>26645283
It’s free money. I’ve only bought 1 and I’ve already made 100 bucks.

>> No.26646382

>>26645793
>expiring shorts
sell signal, shorts don't expire retard

>> No.26646431

>>26645283
It's because they actually think if they set a limit sell for $1 trillion it haaassss to fill.

>> No.26646720

>>26646382
What institutional investors can do is withdraw their shares from being shorted - which, since doing so will massively drive up the price of the stock at this point, they may do.

>> No.26646781

>>26645556
kek

>> No.26646867

>>26645283
It’s funny you could have gone 20x on RBC in less than a week, but those guys are talked about like they’re all retarded by the same half of this board who also now worship reddit apparently.

>> No.26646891

an 8x in stock price can translate into a like 200x in options

have fun playing with your pajeetcoins though

>> No.26646922

>>26645283
This is like a once in a lifetime event for stock market boomers. meanwhile I've averaged 10x every year with conservative crypto investments

>> No.26646978

>>26645283
money. idiota.

>> No.26647064

>>26646382
yeah crypto tards on /biz/ are getting their squeezes mixed up, but there's a short squeeze *and* a gamma squeeze happening here (lots of options expire on Friday).

>> No.26647112

>>26646891
You know you can use leverage with crypto too right?

>> No.26647159

>>26646382
Their puts do. On friday. They will have to buyback billlions worth of shares. Which don't exist because they shorted naked shares.
This is the biggest financial happening since 2008. You're a fucking retard if you don't jump in on this

>> No.26647250

>>26647112
stock options don't get liquidated , thus making it far safer than insane leverage.

>> No.26647281

>>26645283
130% shorted by big nose gang

>> No.26647930

>>26647159
>Their puts do. On friday. They will have to buyback billlions worth of shares.
Why would they have to buy back shares because their puts expire? What you are saying makes no sense

>> No.26648026

>>26647159
you have no idea how options work

enjoy losing all your money fomoing into the top

>> No.26648170
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26648170

>>26647250
>stock options don't get liquidated , thus making it far safer than insane leverage.
Tell that to citron

>> No.26648417

>>26647930
Because they said they’d honor the price at a later date. A put sells an imaginary stock like giving an IOU and will send that share to the buyer at the later date. If the stock goes down, then they pay less per share and still sell for that original price. If the price goes up then they have to buy at the high price instead

>> No.26648627

How do I buy GME on Binance?

>> No.26648743

>>26648417
What the fuck are you talking about?
If this hedge fund has long puts, they will simply expire worthless and they will not exercise then.
If they instead have short puts, that would obviously mean they are in profit right now.

>> No.26648806
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26648806

Its literally turning working joes into 1% class all this board has ever told me to do is invest in a internet shitcoin with nothing backing it but the sheer retards who run this board.

>> No.26648854

>>26645498
Wtf

>> No.26649047
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26649047

>>26648743
Their shorts have a margin call stipulation. If the shares are above $7 by friday they get margin called. How do you not understand this?

>> No.26649559

>>26649047
Ok, but wtf does this have to do with their puts expiring? The poster I replied to seems to have no understanding on how options work.

>> No.26650694

yes it is sneed

>> No.26650741

digies and top is at 800

>> No.26650764

>>26645283
But bro we’re overthrowing the rich white establisment brother! Fuck white people!

>> No.26650791

alright last 3 digits is the top

>> No.26650945

>>26648806
Is that 180k initial investment? Hardly "working joes". I'll stick to the real working mans get rich quick scheme, thanks.

>> No.26650991

>>26645498
>>26645556
Top kek my jogger

>> No.26651027
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26651027

>>26645556
it's ok dood, you're not the only one...

>> No.26651057

>>26647159
So their puts just expire out of the money then.
That's why they used puts, not real shorts.
With puts your loss is limited to whatever you pay for your put.
You cannot lose more, so no money will flow into the stock.
Who's going to buy this hot potato?

>> No.26651174

>>26645283
Yes it is impressive for real stocks, not some volatile faux money internet coinz.

>> No.26651281

>>26646922
If you started with $100 4 years ago you'd be a millionaire?