Nobody will buy at $1000

[Anonymous No.26936178]

Who the fuck do you think wants to buy GME at $1000 a share???? Honest question lmao

[Anonymous No.26936304]

>>26936178
People who need to cover their shorts

[Anonymous No.26936357]

>>26936178
the shorts, when they are forced to.

kys brainlet

[Anonymous No.26936370]

based retard

[Anonymous No.26936534]

>>26936357
The shorts will not be forced to buy back all of the stocks only some of them. Many of you will get fucked. You got scammed hard.

[Anonymous No.26936583]

>>26936178
People are clueless and think they will be forced to buy at any price. No, that's not how it works. You can't force people to buy things with money they don't have. Worst case they will declare bankruptcy and you will lose everything as GME crashes down to $3.

>NO DAA BROKERS AND BANKS WILL PAY UP BILLIONS IN THAT CASE
If you honestly believe this then you're hopeless. You will get nothing. You will lose.

[Anonymous No.26936644]

>>26936178
Leftists who have 0 understanding of finance will probably continue to buy with the remaining $50 in their bank account. AOC is baiting them.

[Anonymous No.26936651]

>>26936534
pretty much this, it’s fun to meme but the tears are gonna be real

[Anonymous No.26936681]

Yes. Yes.

[Anonymous No.26936680]

>>26936534
This
Do people not understand why collateral exists?
Hedge funds will take a hit to their credit over spending 10 billion.

[Anonymous No.26936687]

>>26936583
Then they will incite the wrath of the mob, and give rise to Hitler 2.0

[Anonymous No.26936704]

>>26936583
literally clueless

[Anonymous No.26936756]

>>26936178
bored millionaires

[Anonymous No.26936798]

>>26936178
Idiot.

[Anonymous No.26936813]

*ting* *ting* *ting*

ATTENTION MARKET MAKERS

Yes yes you've all so very clever and devious. But there is just one *little* problem with your plan.

Listen closely...

*ahem*

I am NEVER, ever, EVER selling my fucking GME. Not a single one. Ever. Under no circumstances.

Do you understand?

[Anonymous No.26936851]

>>26936178
i want to see the gamestop logo on the side of a rocket lol

[Anonymous No.26936889]

>>26936813
holy based

[Anonymous No.26936903]

>>26936704
You don't understand how shorts work

[Anonymous No.26936927]

>>26936534
>>26936651
>>26936680
Finally some sanity. Tomorrow will be hilarious but I genuinely feel bad for anyone who thinks retail wins

[Anonymous No.26937035]

>>26936813
Still voting trump

[Anonymous No.26937139]

>>26936798
Nice utter lack of response. Idiot.

[Anonymous No.26937268]

>>26936583

Hedge funds can not declare bankruptcy willy nilly. They have a legal obligation to fulfill contracts, to the point where they can be forced to keep trading to fulfill open contracts. This legal loophole was fixed in the 40's.

[Anonymous No.26937288]

>>26936534
>>26936304
They have the money to pay back millions of people selling their GameStop stock? Are you seriously going to believe that?

[Anonymous No.26937402]

>>26936178

I don't which is why I am selling at a respectable 950/share

[Anonymous No.26937446]

>>26936178
Yeah. Gonna sell most of my stonk and leave one(1) share and diamond hand that fucker to whatever it goes. I aint got much to lose. I only had 14 shares altogether so 13 shares arent gonna move shit anyways. GL to my HODL brothers.

>t. chad that bought in @100

[Anonymous No.26937561]

>>26936813
OP is too retarded to understand what's going on

[Anonymous No.26937583]

>>26936178
>Who the fuck do you think wants to buy GME at $1000 a share????
...the hedgefunds that short-sold them and have to buy back shares as they borrowed them in the first place?

[Anonymous No.26937738]

>>26936583
Yea this is what I was thinking. Cant they just go bankrupt or just not pay up and take the legal fees?

[Anonymous No.26937775]

>>26936680
I don't think you understand. It's not a choice; if you fail to cover your short, you will be forcefully liquidated. Then because of how our financial system is structured, the debt will fall to parent companies who in turn have differed some amount of liability to other parent companies
>Why?
Because shorting is inherently infinitely risky. The only way to get brokerages to actually allow them is by having the contracts written in such a way that they're forced to honor them at all costs. You can't go back on a short - it's already done, it's been sold and that brokerage is responsible for actually having that share that it borrowed and can't risk having to actually buy the shares on the open market. Essentially, badly done shorts would kill the brokers. We've structured shared risk between banks since 2008 to prevent another financial collapse.
>So what happens during a short squeeze?
During 2008 for Volkswagen, it spiked massively for a few days. But we're also getting into uncharted territory; there has never been such a fucking oversell of a stock.

[Anonymous No.26937832]

>>26937583
Or, you know, just abandon their collateral like Citron did.
What do you think they meant when they said they closed with a 100% loss moron?

[Anonymous No.26937834]

>>26937446
>holding just one share

talking about the difference between buying yourself a nice christmas present and retiring early

[Anonymous No.26937858]

>>26937583
this is what reddit actually believes

[Anonymous No.26937898]

It's clear the gains have been losing steam

What do you guys think tomorows height is before it starts to tank

450? 600? 750? I agree its not getting 1k.

[Anonymous No.26937971]

>>26936813
Other people will sell.

[Anonymous No.26937978]

>>26937775
>I don't think you understand. It's not a choice; if you fail to cover your short, you will be forcefully liquidated.
Lol no

[Anonymous No.26937989]

>>26937288
no. neither do their brokers, and neither do the banks that support the brokers. that's the point you dolt. the FED will have to start printing like mad and it will be beautiful.

[Anonymous No.26938159]

>>26936178
People bought Tesla at $1000 and Game Stop actually delivers games.

[Anonymous No.26938257]

>>26937583
they just redoubled the shorts to 260, have you not been paying attention? that extends them another 6 days. They will continue to do this until everyone sells. Bled to death by 1000 cuts.

[Anonymous No.26938283]

>>26936178

[Anonymous No.26938411]

>>26936178
>$1000 a share
Kek never selling for that. How about 5000 shekels?

[Anonymous No.26938426]

>>26936178
Laugh at this retard

[Anonymous No.26938544]

>>26936178
You can buy parts of a share on some apps

[Anonymous No.26938614]

Can people explain why OP is wrong ? I am retarded myself.

[Anonymous No.26938641]

>Nobody will buy at $100
>Who the fuck do you think wants to buy GME at $100 a share???? Honest question lmao

[Anonymous No.26938713]

>>26936644
>CHECKED AND CAPPED

[Anonymous No.26938718]

>>26938411
>5000 shekels?
>$1.5K USD
Be sure to ask the tribe to pay in silver

[Anonymous No.26938749]

>>26938614
they can't. all they can do is call me names and post memes. they're just as stupid as me and you.

[Anonymous No.26938776]

>>26937288
Well then I guess they'll have to pay their debt the way they make everyone else pay their debt.
>Mr. Goldstein
>y-yes?
>I am here to pick up your gold watch, luxury sofa, all the gold in your safe, and that Asian woman you call 'your wife'

[Anonymous No.26938862]

>>26936178
Required by contract

[Anonymous No.26938867]

There are claims that people had their ~$2500 sells bought up earlier today before buying was halted

[Anonymous No.26938875]

>>26938614
Hedge funds need all the shares basically because reasons. They'll have to pay whatever you're willing to sell for.

[Anonymous No.26938896]

>>26936178
>implying its about the money
BURN IT ALL

[Anonymous No.26938926]

>>26937989
they'll just default and go into bankruptcy. yes creditors can and are screwed all the time in this way. plenty of businesses can't afford to pay their debts.

[Anonymous No.26938983]

>>26938159
Tesla's day of reckoning will come

[Anonymous No.26938996]

>>26938614
They have to pay up to their liquidated worth.
Then in this case the remainder goes to their owner and insurer Citadel.
Who also owns Robinhood that did the most blatant market manipulation.

[Anonymous No.26939011]

>>26936534
>>26936583
18 seconds apart
you goys starting to notice our tactics yet?

[Anonymous No.26939071]

>>26938614
INFINITE GAINS, simple as

[Anonymous No.26939110]

>>26938875
>not realizing they can buy the same share multiple times

[Anonymous No.26939121]

>>26937978
Again, it's not a money thing. It's a return of property.

That broker borrowed that share from one of his clients. If the shorter is unable to return that share, then the broker has to buy that share on the market in order to return it to his client otherwise he's simply stolen his property and sold it. So, your broker is legally obligated to provide you with this share. He thus spreads his legal obligation onto his client at extremely high cost. The reason he won't let it go is because if he does he will get seriously fucked. Shorting isn't a new thing or a particularly strange thing.

[Anonymous No.26939131]

>>26937978
Gl Mel

[Anonymous No.26939134]

>>26936178
the shorts LITERALLY have to

[Anonymous No.26939171]

Yes but hopefully gamestop can revamp their business and make it profitable—what happened to their new CEO (or whoever the fuck it was) who was going to make it relevant for today’s culture.

[Anonymous No.26939312]

>>26936583
>hedge funds go bankrupt
>the banks who financed them end up holding the bags
>new liquidity crisis since they're now on the hook
What's the next step in your master plan?

[Anonymous No.26939361]

>>26936534
.t never witnessed a squeeze before.
they have to close out their position. if they cannot the people who loaned them the initial capital will start liquidating all of the hedgefund assets until they buy back all the shares at fair market value.
the latter may take weeks and has additional fees attached to it.

[Anonymous No.26939392]

https://www.youtube.com/watch?v=diaQWtJPdsE

[Anonymous No.26939416]

>>26936178
You're right, here's what actually going to happen: the price will hike on Friday and the people who just wanted to make money will get out. Then all the cannon fodder who want to "send a message" will "hold the line" i.e. get totally fucked as the price returns to normal

[Anonymous No.26939438]

So if I get it right, OP is saying they will just walk away/declare banruptcy or just cut their losses in a way. Folks here are saying the will be bailed out somehow. Hard to tell.

[Anonymous No.26939443]

>>26939110
Which will be immediately sold on the market because the price has skyrocketed. It's a volume problem. There is simply no way to buy that much stock without increasing the price to absurd amounts.

[Anonymous No.26939447]

>>26939312
BTC, Gold, Silver, and Land go to the moon.

[Anonymous No.26939484]

you think this is about money?

OP is a tard

[Anonymous No.26939485]

>>26939110
b.. but if you buy one thing multiple times you still only have one thing. Right or is there some black magic involved?

[Anonymous No.26939487]

>>26939171
Gamestop brought in a Chewy exec. Chewy is an online pet supply site so people were hoping GME would revamp its online operations.

[Anonymous No.26939592]

>>26938614
they can't pay what they don't have, and no the fed won't print money to bail out private enterprises instantly so redditors can make "mad paper" on "infinite stock prices" (imagine believing this unironically). rather, insolvent short sellers will go into bankruptcy like any other insolvent company and to the extent they are "too big to fail" a bailout will be decided upon then, long after GME's tanked because the narrative WSB fed retail rubes didn't play out.

>>26939121
>stolen his property
dude you are retarded as fuck. it's a contract. contracts can and are breached routinely. the counterparty will become a creditor in the bankruptcy of the hedge fund.

>>26936583
this guy is right. t. actual lawyer.

[Anonymous No.26939624]

[Anonymous No.26939643]

>>26939312
Bags? What bags?
The hedge funds will declare bankruptcy and their creditor will simply take the hit. If the creditor gave them 10 million dollars worth of stock they'll get more thank that back from the bankruptcy anyway.

I'm not sure why retards think banks won't be able to pay this back or will need to buy the stocks back. That's not how it works

[Anonymous No.26939657]

>>26936178
https://www.youtube.com/watch?v=M8MU3oCHnsk

[Anonymous No.26939682]

>>26936583
I like the contrarian approach...may buy some super OTM puts Monday.

[Anonymous No.26939695]

>>26939361
This isn't just a squeeze my dude. The normal rules don't apply. You've changed the game and so will they.

[Anonymous No.26939797]

>>26939592
The bailout wouldn't be for the hedge fund it would more likely just be for pensions affected by the bankruptcy.

[Anonymous No.26939816]

>>26937288
They don't. They setup a run they thought was clean easy money. Got ganked by the internet meme media and now they're exposed. They have no way out unless US Gov't bails out. Which in that case will be a riot worthy clusterfuck capable of inciting class warfare. One thing to lose an election, another thing to lose money because of some corrupt collusion.

Some one will pay, maybe a fall guy with enough capital to cover the first majority of paperhanded faggots. Then time will tell if the bagholders forgive.

[Anonymous No.26939825]

>>26936583
>you will lose everything
who cares faggot

[Anonymous No.26939854]

>>26939416
This obviously. It is all a game of russian roulette. The shorts have already closed their short positions and re-shorted at the peak. It will inevitably dump back to a real price once the Reddit news cycle moves on after the weekend. The people holding to the end of time as a matter of principle will get fucked.

[Anonymous No.26939877]

>>26939312
>new liquidity crisis since they're now on the hook
no they arent, this is the part your missing, please gain a basic understanding of liquidation law if your entire investment strategy revolves around it

[Anonymous No.26939939]

>>26939797
agree, of course. i threw it in there because i knew there would inevitably be a "nuh uh the gov will print money to save them!" response.

[Anonymous No.26940033]

>>26939797
How come the failure of a hedge funds invested in shorts affect pension firms invested in longs?

[Anonymous No.26940040]

>>26939695
It's one hedgefund that happens to have government backing. The hedgefund will get absorbed. It's only like 200 billion at the absolute most. It won't bring down the market but it will force some restructuring.

[Anonymous No.26940157]

>>26939816
>Some one will pay
Yes, the hedgefund will be insolvent and pay what they can to their creditor who in the end will have still turned a profit. If it's bad enough that enough huge hedge funds go under the US government will bail out certain pensions affected by this
Meme hodlers won't get much of anything though when they realize no one is coming to buy their overinflated stock

[Anonymous No.26940175]

>>26939485
You have to buy back the stock numerous times if its beyond 100% of the shares. One seller could tell you to fuck off. I'm hoping that seller to be me.

[Anonymous No.26940193]

>>26939121
Legally obligated isn't the same as enforced. I'm bullish on the squeeze but I know the corruption always wins over morales. Court decides hey this isn't worth it. Cancel debts.

[Anonymous No.26940253]

>>26936813
THEY THINK I'M GOING TO SELL FOR LESS THAN $5K!?!?

[Anonymous No.26940349]

>>26936304
There is no proof that anyone is still short gme.
Don't post a seven day old short interest number in response.

[Anonymous No.26940354]

>>26940033
they have to liquidate or borrow everything to cover the gamestop shorts, at a conservative estimate cost of INFINITY

[Anonymous No.26940381]

>>26940033
A lot of these hedgefunds deal with 401ks and other union pensions

[Anonymous No.26940466]

>>26936813
ITS NOT ABOUT THE MONEY

NEVER SELL

[Anonymous No.26940540]

>>26940175
Not how it works, if they can't afford the shares they'll declare bankruptcy

[Anonymous No.26940591]

>>26940349
There's no proof that they covered. Hence, the speculation.

[Anonymous No.26940634]

>>26940253
its hitting $6969.69 screenshot this

[Anonymous No.26940659]

>>26936583
fake and gay. Either way, it's going to be absolute kino from both sides.

[Anonymous No.26940722]

>>26938983
God I hope so. I'm just happy the retards are speeding up the collapse before they are ready for it. The only way out is through.

[Anonymous No.26940827]

Retarded redditors that's who. I'm going to dump all of my bags at $500 and they're going to turn into pink wojaks.

[Anonymous No.26940838]

http://isthesqueezesquoze.com/

[Anonymous No.26940850]

>>26936178
I will hold if it goes up to $100,000
I will hold if it drops to $0.10
I don't care about making money, I care about making jews suffer.
This is what you get for stealing my fucking foreskin. Fuck you kikes.

[Anonymous No.26940895]

>>26940591
There is obviously a massive amount of buy volume that cannot be from retail alone. Unless you'd like me to believe every plebbitfag and /biz/raeli put $100k into this

[Anonymous No.26941033]

>>26940157
I agree memeholders won't get shit. But that adds to the US political pressure which is already at a boil. This isn't a safe world anymore. Nothing is sacred. Imagine people with nothing to lose see themselves lose even more with a scam ran by their government.

If anything the riots caused by this might be worth the buy in. I don't expect a quiet sit down of retail traders who get hushed out of twitter. I honestly see BLM level of rioting again, with a lot of Black normies who bought this shit thinking friday is endgame.

[Anonymous No.26941075]

>>26940354
wrong, they will simply default on the underlying contracts and go into bankruptcy. this will place their assets in receivership for the benefit of their creditors (like the folks they borrowed from to short), and THEN after a lengthy court process their assets will be liquidated to pay back those creditors an amount based on court decision. TLDR: they won't buy your shares at infinite price, kek.

[Anonymous No.26941121]

>>26940895
yeah a bunch of euro and indian institutions started buying up swaths of gme stock

[Anonymous No.26941188]

>>26936178

[Anonymous No.26941787]

What are the odds all these hedges on the hook for shorts try to juke is by simply getting taken to court instead?

[Anonymous No.26941923]

>>26940540
Acceptable terms. The banks may forgive the debt, but I'm never giving them my stocks. Ever.

[Anonymous No.26942001]

>>26940354
Let me spell it out to you
1. Bankstein lends out 50 million worth of gamestop shares (we'll say 10 million shares at $5 each for easiness) to Melvin, Melvin puts down collateral
2. Melvin sells this for 50 million.
3. Melvin waits for it to tank
4. It shoots up to $20
5. Melvin waits some more
6. It shoots up to $300
7. It shoots up to $5000
8. Melvin must now pay back bankstein
9. Melvin does not have 50 billion dollars to pay back bankstein, all their assets are only worth about 3 billion
10. Melvin declares bankruptcy
11. The assets go to bankstein, giving them 3 billion. Bank stein does not have to purchase a single gamestop stock. While disappointed they still made 2.95 billion in profit from this venture, they are not in any trouble
12. Redditors and normalfags realize no one is coming for their $5000 gamestop stocks and the price crashes down to $30

Give yourself a sell plan or you're gonna miss the stop on this train

[Anonymous No.26942032]

>>26940895
You have people piling into GME from everywhere. Reddit, Twitter, Facebook, fucking Tiktok. That adds up quick. Easily 10s of millions

[Anonymous No.26942103]

>>26941923
>volunteering to be a bagholder
OK

[Anonymous No.26942199]

>>26941923
Okay?
See
>>26942001
They don't need your stocks. The banks were the ones that landed them in the first place, enjoy your bag

[Anonymous No.26942388]

>>26942103
I like this stock.

[Anonymous No.26942418]

>>26942032
The volume last four weeks is $120 billion, so. Try again

[Anonymous No.26942463]

>>26939592
It's not a "contract" to effectively sell your clients securities without their permission. It's not
>Oh no, we lost your share and refuse to recover it, sue us :^)
It's
>We committed unauthorized trading at best, and securities fraud at worst.
Again, this isn't really a money issue at this point as much as it's a return of property. The broker will get laughably fucked if they cannot get these shares on the market if they're demanded (which they will be because the demand is laughably high). Even worse, they'll get even more laughably fucked when they have to buy the inflated shares.

>>26940193
And that's really the dilemma. I have no faith this would actually get enforced if the risk was spread out the way it is. It's what should happen, but who knows?
>So... we need to supply these shares.
>Let's rework our agreement until it makes sense to simply not return them right now
>Then we can just short the stock price right now and completely gut demand by not buying any

[Anonymous No.26942793]

>>26936178
https://www.bitchute.com/video/Lqy6fffxtjQb/

[Anonymous No.26942831]

>>26939592
>dude you are retarded as fuck. it's a contract. contracts can and are breached routinely
This is like saying:

>your house is just a contract
>I can take your house for no money because contracts are breached routinely

You are an absolute retard.

[Anonymous No.26942864]

>>26942463
They don't have to buy the inflated shares, they will go bankrupt

[Anonymous No.26942952]

>>26941033
Biden is already calling in more troops, and the riots won't last long anyway, if there are any.

[Anonymous No.26942973]

>>26936178
the people who had the shorts you fucking retards thats the whole point of this retard.

[Anonymous No.26943133]

>>26936178
JUST TELL ME WHEN TO SELL FUCK

[Anonymous No.26943196]

>>26942973
They won't if they can't afford it

[Anonymous No.26943233]

So, since they have X days to cover their shorts, can they buy the same handful of stocks over and over?
>oh no, I need to buy 140% of the company!
>sells for cheap to one guy
>buys it back for cheap
>change hands until 140%
Is that how this works?

[Anonymous No.26943285]

>>26942001
You're missing a few crucial points.
>Bankstein doesn't actually own those stocks.
In smaller cases, it could theoretically. In the amount of stock we're talking it's not possible. This stock would be owned by various different actors.
>Melvin isn't Melvin alone.
Melvin is tied financially to other banks who have various interests and obligations in the event of its liquidation.
>Bankstein still actually needs to return those shares to whoever borrowed them from, but now the market rate is stupid high
So, Bankstein needs to really gut every last penny from this entire cluster fuck to actually be able to fulfill its legal obligations.

[Anonymous No.26943370]

>>26936813
Trust the fucking plan. Based.

[Anonymous No.26943463]

>>26936178
Holy shit you actual fucking retard

[Anonymous No.26943474]

>>26943196
Banks backing them will. If they can't do it, other institutions backing them will.

[Anonymous No.26943504]

The problem is, my shilly friends, why do you think everyone from the whotehouse down were freaking if a bunch of neck beards are about to get pruned?

Diamond hands for Jesus

[Anonymous No.26943536]

>>26942864
Who would? Melvin would at first line. If Melvin failed, then his other financial whatever parents would. If they all failed. Then the broker or lender of the shares would be responsible for returning the shares... which would require them to be obtained. If this bank became bankrupted by buying shares to replace the ones that it had lent, it's actually really murky. Kind of no man's land.

[Anonymous No.26943573]

>>26943233
"Hey, we've been friends for awhile, will you help me by taking my shares that are inflated by 2000%?"

[Anonymous No.26943616]

>>26942388
Based

[Anonymous No.26943635]

>>26943285
They'll gut them for what they're worth in terms of bankruptcy, of which the assets will be split between creditors based on amount that was lended, but ultimately if the hedge declares bankruptcy the retail investors are fucked
>>26943474
Banks don't need to buy the stocks though, they were lending the stocks

[Anonymous No.26943643]

>>26942463
Too me it's the question of what will the people do if the courts decide for them. They get away with it all the time. Not /x/ conspiracy shit but the cheaters do win. Only dumb ones who cheat poorly get caught bad. But is this the flashpoint? Is this where auditors, Lawmakers, college students, and average retail traders say fuck no. The halt on trading was the "Let them eat brioche" moment. If it doesn't get enforced..violence?

[Anonymous No.26943699]

>>26942831
people default on contracts all the time. there are ofc consequences. i did not say there were not. the consequences ARE NOT "you spend money that you don't have to, in this case, buy shares back at infinite price (logically impossible) in order to cover." rather, the consequences are bankruptcy and liquidation of assets after following statutory determined processes in order to pay your creditors (which the counterparty in your short sale contract become). YOU are the idiot. dunning kruger is so fucking strong in these threads, i swear.

>>26942463
what the fuck are you talking about, the shares are borrowed via contract with brokers who offer the shares for sale by contract. you agree to this. literally please do even an OUNCE of research on securities lending instead of parroting WSB "epic post, enjoy your silver!" trash

[Anonymous No.26943755]

>>26937978
Eh yes. Even when not heavy leveraged you will get margin called. Melvin Capital got its BABA position liquidated to cover their shorts.

[Anonymous No.26943797]

>>26943133
Somewhere between 500 and 1000. The reddit crowd is gonna get drained if they diamond hand too much. Last peak was the final imo. Cash out soon and go into something more stable like silver.

[Anonymous No.26943800]

>>26942831
If you foreclose on a mortgage, are you held in indentured servitude to the bank until you can pay it off? No. The courts cannot order you to pay for shit if you don't have the money to buy it. What they do is take all your property and give it to the creditors as a consolation prize, but otherwise, the creditor gets fucked. This is literally what triggered the housing crisis, was the banks getting fucked because people simply could not pay their mortgages.

[Anonymous No.26943826]

>>26942864
>They don't have to buy the inflated shares, they will go bankrupt

wrong. the short shares are insured by the SIPC up to half a million dollars. seethe more melvin.

[Anonymous No.26943904]

>>26943536
>lender of the shares would be responsible for returning the shares
To whom, themselves? Bankruptcy simply goes up the supply chain to the initial lender,the debts involved get forgiven.
Again the only ones that will lose if the major short sellers go bankrupt are retail investors when the price collapses. Get a sell plan ready if you actually want to make money from this

[Anonymous No.26943922]

>>26936178
who the hell is going to want to pay a million dollars for a fucking tulip!?!?

[Anonymous No.26943994]

>>26936178
This is current level of intelligence on /biz/
We're all laughing at you guys on wsb :)

[Anonymous No.26943998]

>>26938257
The issue with that is that the New shorts can bleed for longer since in order for them not to panic the stock needs to reach even higher than previous shorts ny order of magnitud.

[Anonymous No.26944121]

>>26942952
>Troops in DC.
Nigga this is Baltimore everywhere riots. Store burned down, bank tellers getting hurt. Unless Biden declares state of emergency for of all the US. The people aren't jacking off waiting for their price point to sell.

Dumb nignog philosophy "If whitey don't give me my damn cheque, I'll make my own fucking money". BLM was checked and balanced because it was race politics. This is riots because of class division.

[Anonymous No.26944126]

>>26943133
NEVER

[Anonymous No.26944158]

>>26937775
>if you fail to cover your short, you will be forcefully liquidated.
WRONG
look up the piggly crisis.
>Clarence Saunders buys 98% of all shares to dick over shorts and demands all his shares
>NYSE rules state 24 hours to deliver shares
>shorts cry to NYSE and say it isnt fair
>NYSE sides with shorts, changes the rules and gives them 5 days to cover.

[Anonymous No.26944188]

>>26943998
HOW HIGHER DO YOU IMAGINE?

[Anonymous No.26944289]

>>26936178
>Who the fuck do you think wants to buy GME at $1000 a share?
MY BROKER CALLS ME GEORGE FLOYD BECAUSE I'M SO RETARDED I FORGET TO BREATHE. I'M SELLING AT A 10K MINIMUM

[Anonymous No.26944340]

>>26940175
But one seller can't tell them to fuck off, because they can buy half of what they need, and then if those shares are sold again they can buy them again, leaving you with your share now worth $10.

[Anonymous No.26944391]

>>26936178

The goys.

*guys

Correction: I'm not a financial advisor

[Anonymous No.26944398]

Is this a coordinated shill FUD thread?

[Anonymous No.26944413]

>>26937989
Or... They just declare bankruptcy and restructure into a new company, and are left with zero outstanding debts after they've paid their more secure debts to other firms.

The riskiest and most unsecure investors always get paid last in a bankruptcy, except for the company CEO and owner (i.e. unpaid salaries)

[Anonymous No.26944629]

>>26942418
>sell something worth $1,000 back and forth 1000 times
OMG THAT WAS A MILLION DOLLARS!

[Anonymous No.26944757]

>>26943635
>Banks don't need to buy the stocks though, they were lending the stocks
Unless the bank in question had borrowed the stocks to lend them with. Which would be retarded, but still possible.

[Anonymous No.26944803]

>>26942001
That isn't how it works. Short selling is secured like all market transactions, either their insurance or a market maker (like citadel) Will have to cover the stock themselves.

[Anonymous No.26944814]

>>26940157
retard post. so much wrong here. hedge funds do not run pensions retard. hedge funds are backed by investment banks who will be on the hook if the hedge is liquidated and still owes. 250% double down short is suicide in this situation and they did it to buy themselves just one more day. its bad for them, worse than you retard mind can imagine.

[Anonymous No.26944860]

>>26939592
>they can't pay what they don't have
Yes they can. It's called debt. The person owed money is fronted the money. The person in debt must work for the rest of their lives paying it off to whoever takes on their debt.
If no bank takes on the debt, they are directly indebted to the people owning the shares. Everything they own. Everything they are tangentially involved in. Everything they have futures contracts to own. Anything and everything else. It's a blank fucking check.

[Anonymous No.26944907]

>>26943797
dont listen to this shill

[Anonymous No.26945075]

>>26936178
POSITIVELY JEWISH

[Anonymous No.26945095]

>>26939110
They cannot buy the same share multiple times to close >100% of the shorts and deliver the options. They need to have ALL the shares in their control, otherwise they'd have to borrow shares, which means doubling down.

[Anonymous No.26945146]

>>26943904
Bankstein, the broker/lender does not own the shares. They borrowed the shares from people and other institutions who use them as a broker. It is their LEGAL OBLIGATION to provide these shares on request to the people that actually own them. If they are unable to do so it is a huge legal mess..

If Melvin or whoever fucks up, and his parents fuck up, then it's Bankstein's problem so they're pretty interested in not having it get to them.

>What happens if Bankstein can't fulfill his legal obligation to actually provide these shares?
I really don't know. For an individual broker, it's
>You're getting sued. If it's really bad you're losing your brokerage and maybe getting jail time.
For a fucking massive billion dollar bank, I just don't know. Would millions of different holders simply get told
>We lost your stock senpai because it got too expensive lmao.
I don't think so, because a huge portion of the holders will also be other banks who are now SoL because they lost a significant amount of money due to their broker fucking them.

[Anonymous No.26945159]

>>26942831
also what you are describing is not breach of contract, it is theft. your house is not "just a contract," it's real property (as in the legal term). you own title to it. someone taking it from you isn't breaching any obligation, they're just stealing.

securities used in a short sale are acquired through a securities lending contract, you have an obligation to return the shares and we both agreed to it; if you don't, you've breached that obligation, which is not the same thing as randomly stealing something from a third party (an analogy to that would be like me walking up to you and just forcing you to transfer your shares to me). remedies for breach CAN include specific performance (in other words, forcing you to actual perform which here would mean a court order that you MUST cover) but obviously that will not be the case when the price associated is infinite or impracticably high. instead, the counterparties will likely be forced to accept restitution in the form of cash payout following liquidation of the hedge's assets. and anyway court-mandated enforcement is not even close to immediate.

>>26944860
absolutely incorrect, look up "bankruptcy." not "i lost the game of monopoly" but the actual legal concept. bankruptcy does 100% discharge debt. they will wind up the fund, pay creditors with the proceeds obtained via liquidation, and that's it. they will not become debt slaves forever to short sellers and be sent to debtor prison.

[Anonymous No.26945186]

>>26944803
Insurance only covers up to a certain amount, so no
You're not selling your gamestop stock for $5000 a share, hate to break it to you

[Anonymous No.26945188]

>>26936583

[Anonymous No.26945222]

>>26944121
No, I don't see it like that. This is indeed quite big, but it doesn't have the reach and media that BLM does. Not even 10% of it.
It's a lot easier to make "white folks rioting and stealing" headlines and sway the public to your favour.
A few riots perhaps, but they'll be gone in weeks if not days.

[Anonymous No.26945245]

>>26936178

>MFW I'm selling at $600 to $750.

You greedy fucks can enjoy holding my bags.

Excelsior!

[Anonymous No.26945332]

>>26944188
Imagine if shorts from 4 to 20 got out yesterday at around 150 to 250. Taking between X7.5 to X60 loss. New shorts entered at 250 this to bleed as bad as the previous one would require a price between 1000 to 60000 to represent a bad trade as previous shorts.

[Anonymous No.26945388]

>>26944158
>piggly crisis
Not really relevant anymore. Not saying that it can't happen again, and I do imagine it'll take a few days to work this out.

[Anonymous No.26945488]

>>26937446
sell 4 at $350ish to cover your investment, then diamond, sell 1 or 2 at 1k and hold out for 1488.

[Anonymous No.26945654]

>>26944860
lmfao have fun holding that bag bro
maybe you can read a book on bankruptcy law once your 2nd shift and McDs is over

[Anonymous No.26945697]

>>26939695
>You've changed the game and so will they.
The game didn't change. Shorts having to cover was always the rule. Either they cover, or they borrow to close and accrue interest until they reach the point where they are margin called.
These are the rules they've always expected us to play by. These rules have literally been solidified in textbooks, by the SEC, by the brokerages, by the government, etc. for decades.
The hedgies fucked up by shorting >100% of a company and not simply taking their L at a lower price when the losses were reasonable.

[Anonymous No.26945699]

Lol never selling faggot, been in since 8 a share. Fuck you dumb faggot.

[Anonymous No.26945703]

>>26945332
Retard

[Anonymous No.26945801]

>>26945186
Then citadel Will have to do IT themselves or even the brokers. Why do you think RH got so scared when WSB found and infinite leverage glitch to gamble on options. If you can pay a short or a contract tour broker/bank/insurance/market maker have to do ot for you. This is why if you short a stock you get liquidated if you get margin called because your broker doesn't want to pay for your gambles.

[Anonymous No.26945920]

>>26945146
you're right, it's a big fuck up. but it doesn't result in infinite stock price for GME. it results in some pretty serious bankruptcies (even that's an oversimplification, of course). lenders will be made whole to the maximum extent possible from insurance + liquidation proceeds by the receiver.

[Anonymous No.26946023]

If the Jews win I'm going to stop paying my rent. That'll show them won't it guys?

[Anonymous No.26946062]

What about >>26945697
and >>26943998

[Anonymous No.26946088]

>>26936178
no one is shorting GME anymore. It's an obvious bubble that will burst at any moment as soon as normalfags begin to cash out. You faggots keep catching feelings for tickers because muh social hierarchy muh banker jews, fucking stop this shit. You are supposed to pump and dump the stock market like the little slut she is. I was there during plebbit campaigning and i will be there once they fall and make money both ways, then spend it all on whores and coke while these faggots try to recover from the massive red dildo in their accounts.

[Anonymous No.26946139]

>>26936178
Hedgies who literally have no choice because if they don’t, they go bankrupt.

[Anonymous No.26946212]

>>26938926
Good, we take them for all they have.

[Anonymous No.26946308]

>>26945703
You are the retard that doesn't understand how securities work. In every transaction a securirt house is used that is responsible for the fullfilment of every transaction, buy/sell/derivatives/SHORTS/etc etc. They are the ones on the chopin block if some retard like Melvin can't cover their shorts

[Anonymous No.26946375]

>>26945095
They don't have to have all the shares in their control at the same time though, and because of that some of the shares that make up that total can be the same share bought multiple times.

[Anonymous No.26946489]

>>26936583
>Worst case they will declare bankruptcy
That's the goal

[Anonymous No.26946551]

>>26946088
Noooooo GME will go up to 100k a share and the US government will just print enough money to make some people trillionaires!
>>26946308
Enjoy the bags

[Anonymous No.26946653]

>>26946212
sure, but the way you extract wealth is on the sale prior to ABC/filing. once that happens retail holders are finished, the shorts aren't getting covered. in other words, it's a balancing act between holding as long as possible and then getting out before everyone else. just like every bubble.

[Anonymous No.26946807]

why wouldnt gme just issue new shares?
you guys realize theyre allowed to do that right?

[Anonymous No.26946918]

>>26945920
Actually IT does. Read about it. The SEC had to bring a case once when a fund got 100% of the float of an asset ( I think it was a bond) and allowed certain portion to be shorted then kept control on all the float and removed from the market. The short sellers basically call them and say "hey how do we solve this?" The other side just sid "keep biding". Of course it Will not reach infinity but the price will be set by the holders.

[Anonymous No.26947029]

>>26936304
Exactly. And they will have to liquidate their other positions to cover causing the market correction that we so desperately need. Puts on index funds and buy gme

[Anonymous No.26947075]

>>26936178
Jews always win let this be a lesson to everyone even the media tards monitoring this board

[Anonymous No.26947076]

>>26943826
>Was holding out for 10k
>Now I'm holding out for insurance 500k
Honestly though, won't this crash the dollar? Like, to zimbabwe tier?

[Anonymous No.26947205]

>>26947076
Good

GME > USD

We can finally establish the first national bank of gamestop.

[Anonymous No.26947206]

>>26946807
Why would they? Having a highly-valued stock is good for them, and issuing new shares would only hurt the price.

[Anonymous No.26947284]

>>26947076
We Zimbabwe’s our currency long ago. This willll be the correction. Take a mortgage out tomorrow.

[Anonymous No.26947406]

Nah we buyin muse

[Anonymous No.26947410]

>>26947205
Fair. I think I might just hold one share for the memory of all this

[Anonymous No.26947418]

>>26945920
Yes, it does not cause infinite GME. It does cause very expensive GME because you need this GME otherwise you're out of business legally. How expensive? At what price? When do people intervene or change the game? I have no idea.

>>26945697
Exactly. It would be like
>I keep boat at a dock.
>When I'm not there, the dock owner rents the boat to tourists.
>One of those tourists decides to outright sell it to a autist figuring he could buy it back in a month when it's cold and less people want it.
>That autist won't sell at any price.
>All other identical boats on the lake are similarly held by autists.
>I'm going to be at the lake tomorrow and I want to use my boat.

To not cover shorts would cause so much fundamental issues in the market, that I have no idea how it would actually function.

[Anonymous No.26947429]

>>26947076
the dollar is fake, they will just print more
but this whole GME situation could lead to a domino effect of bank bankruptcies and potentially crash the whole economy.

[Anonymous No.26947435]

>>26947206
because thats how the company itself raises money? do you even realize why publix stock exists in the first place?

[Anonymous No.26947493]

>>26946551
Dude learn to fucking read. I am not saying GME Will reach 1 million per stock. But I am telling you there is a "chain of responsbility" and each side will cover their ass. If say GME reaches 1000. Some shorts will get margin called because the next in line doesn't want to pay. Why do you think Melvin capital needed 3B bail out? To not get margin called.

[Anonymous No.26947536]

>>26947076
>won't this crash the dollar?
we can only hope.
at this point, i want it all to burn. im over it and ready for the reset button to be hit

[Anonymous No.26947559]

>>26937898
at least 500 at most 750

[Anonymous No.26947591]

>>26947284
I moved some money into crypto and bought gme with diamond hands

[Anonymous No.26947653]

>>26947435
Yeah, but they're not going to do it because Melvin cries to them on the phone about how they need to issue new stock NOW to save them from bankruptcy.

[Anonymous No.26947664]

>>26947418
>We lost your boat in a tragic boating accident.

[Anonymous No.26947725]

>>26936178
>Hedge fund shills and Citadel interns on damage control
"Is something wrong Patrick? You're sweating."

[Anonymous No.26947761]

>>26947435
Most institutions don't actually do that beyond their first IPO. So, the board can issue more stock. Which will reduce the price of their current stock. Effectively, the board is costing themselves money as individuals. Simultaneously, it'll also piss off their shareholders.

>What do you do?
You take out loans.

[Anonymous No.26947839]

>>26943998
so this means we just need to double our share correct?

brb going from 2 shares to FOUR Shares tomorrow morning

[Anonymous No.26947895]

>>26945159
>they will not become debt slaves forever to short sellers and be sent to debtor prison.
Of course they wont. Their creditors take on the obligations to cover.
>>26945654
You will never close your shorts, Melvin

[Anonymous No.26947973]

>>26946807
They already did. Dude the amount shorted stock is retarded even if you consider synthetic longs. GME should raize 1B in shares to dilute the volume for the short sellers to get out of their positions.

[Anonymous No.26948012]

>>26947761
Yes they do, S-3 and shelf offerings are not uncommon.

[Anonymous No.26948129]

>>26946062
Some of us didn't invest more than we can afford to lose. Some of us can afford to hold *indefinitely* and let that interest build while the shares have to be borrowed again, and again, and again, and again. While buying every dip along the way.

[Anonymous No.26948183]

>>26936304
So what? I buy at $1k and they will still have to buy at $10k to cover their shorts? It's a bullshit at some point.
People are still holding because they believe that guy on Reddit still have his tons of millions of dollars position open while he definitely already closed it and he's larping to those retards.

[Anonymous No.26948274]

>>26945654
Dude there are no bags. If some fund can't cover others Will because is their obligation and the brokers Will just liquidate anyone the second they are out of their margin to cover their shorts.

[Anonymous No.26948361]

>>26936178
I will. Fuck it.

[Anonymous No.26948367]

>>26946807
Why should GME bailout a bunch of vulture shitheads who gambled on bankrupting them?

[Anonymous No.26948439]

Never fucking selling

[Anonymous No.26948458]

>>26948183
I can afford to lose 3k at the chance he isn't larping.

[Anonymous No.26948586]

>>26936178
Who would buy a fucking internet coin for 33k?

[Anonymous No.26948620]

>>26936178
You're right, I don't think they're going to buy GME at 1k a share. I think they're going to buy it at 3k.

[Anonymous No.26948660]

>>26937268
The hedgies will most likely settle on a set amount with the brokers because otherwise if they go down the brokers wont get shit. And while this means that yes, the hedge funds might have to keep trading to pay the debt they wont forcibly have to buy the shares to do it.

[Anonymous No.26948683]

>>26936304
fpbp

[Anonymous No.26948729]

>>26947895
>Of course they wont. Their creditors take on the obligations to cover.
Who are the creditors covering for? Themselves? You borrow 10 million shares of GME from Bank of America, and now you can't return them because some autistic fags on the internet are holding with diamond hands. So you declare bankruptcy. Your creditor is Bank of America. To whom does Bank of America owe an obligation to cover the short? They were the ones who were supposed to receive the GME stocks in the first place. The chain of legal obligations ends here, with Bank of America being really salty that they can't sell those sweet, sweet, 10 million GEM shares at $1k a pop. Unless Bank of America was themselves issuing you borrowed GME stock. To feel less bad about it, they have the courts liquidate all your assets and take them for themselves (this is you declaring bankruptcy).

[Anonymous No.26948743]

>>26936583
>>26939592
>>26939643
>>26942001
>>26943800
>>26945186
Ok, I for one, will believe you without restorting to (()).

But the crux of the matter is this: is there a strong legal requirement for the short positions to be covered, even in the event that Melvin goes bankrupt?

Is there a source or proof that whoever was backing Melvin won't have to cover the stocks?

[Anonymous No.26948794]

>>26946375
That means they have to either
A. Borrow more shares to cover
OR
B. Admit to backdoor market manipulation where stocks are being sold in a coordinated manner to control the price.

If they get away with that, THAT means on Monday, EVERYONE can buy a single share of a stock like Amazon, short Amazon on Margin for its entire market cap, and then cycle the single share they own to cover if anything goes wrong. That would be ONE HELL of a precedent to establish.

[Anonymous No.26948822]

>>26948183
It isn't bullshit. This funds took leveraged positions and took infinity downside on shorts. Sure most shorts will get liquidated and GME stock may reach 1000-5000 who knows that will depend on the exposure and how badly the short sellers get margin called and liquidated.

[Anonymous No.26948908]

>>26936534
If they don't honor Nasdaq will burn to the ground.

[Anonymous No.26948912]

>>26945186
Yes I am, kike. Better get that checkbook ready.

[Anonymous No.26949213]

>>26937978
>yeah you borrowed those shares but you know what? you don't have to give them back, it's all good d00d
lmao

[Anonymous No.26949388]

>>26948183
He pulled out ten million. It's enough he'll never have to work again. He left the vast majority of his shares in the market. And you know why?

In their lingo, "YOLO"

He's betting that he can turn that 30 million left into 300 million by convincing the entire world to fight with him against the kikes. And you know what? He probably can.

[Anonymous No.26949500]

>>26936583
And hjis will be how we drive up the Dogiecoins

[Anonymous No.26949499]

>>26947205
reminds me of an old greentext about a guy using gamestop as a bank. He would do preorders to keep money in gamestop and withdraw by cancelling

[Anonymous No.26949505]

>>26948729
Bank of America doesn't owe anyone. In your situation Bank of America is owed 10 million shares of GME because they were the lender of the shares. The person who needs to return the shares in case the shorter bankrupts is the creditor who gave the shorter the credit to open a short on margin or the brokerage itself. Either way, the original owner of the 10 million shares is due their shares regardless of the current price.

[Anonymous No.26949602]

>>26936813
>Bagholding 101

[Anonymous No.26949631]

>>26948729
First to short a stock you need a margin usually 150% of what the short is worth. IE to short a 10$ stock you need 15 in cash or be able to liquify.

No broker in the world Will not margin call you the second a short goes wrong. Because if you can't return your shorts the broker is legally holding the hot potato.

Why do you think RH and other trading apps banned GME? They are afraid of a squeeze the moment someone shorts or makes a call or put and then they get to be responsible for a moment of an infinity downside trade.

[Anonymous No.26949633]

>>26946807
Because issuing new shares with a split scales existing positions accordingly.

[Anonymous No.26949707]

So if I'm understanding this right, tomorrow we're waiting to see if the brokers margin call Melvin and the other short sellers for GME? And if Melvin can't pay up he'll get his holdings liquidated? What would that mean for GME's share price?

[Anonymous No.26949995]

>>26936813
BASED BEYOND THIS DIMENSION

[Anonymous No.26950285]

>>26946375
>same share bought multiple times.
yeah but that's should make the price spike.
The real issue here is how many people will HODL, how much more real manipulation from RH they'll be subjected to, and how likely ledditors (and /biz/tards to a lesser degree) are to be in legal trouble for making too much money. That's why im not in it myself and just watching.

[Anonymous No.26950323]

>>26949707
Melvin got margin called already so did citron. I know people like to say that everyone in WS lies but usually they can use 1st amenment to protect their asses. Both made clear they covered their shorts. In fact I I think Melvin was actually margin called even after getting 3B since that is the only explanation for a BABA dip after hours of almost 5%

[Anonymous No.26950588]

>>26939110
Who vould they sell to that wouldn't sell for the market price?

[Anonymous No.26950709]

>>26950323
they said they covered their shorts, but to what extent?

[Anonymous No.26950736]

>>26936178
Bro just post your gme on craigslist someone will buy it

[Anonymous No.26950799]

>>26950323
So who is possibly getting margin called tomorrow? The rest of the short sellers?

[Anonymous No.26950806]

>>26946375
There's nothing stopping someone else from buying those shares upon resale and driving the price

[Anonymous No.26950815]

Lol tards still try to bring you this shit
chink spammers that keeps copying other platforms
I know only one original rebase system and this is Base
amazing uniswap volume, top ratings and best Cascade farming model

[Anonymous No.26951107]

>HOLDING. BASED ANONS. AUTOMATIC 5000% ROI.

[Anonymous No.26951156]

>>26950588
Someone that would not want to register a loss, or who is not investing based on value - in short someone who isn't a co-conspirator in market manipulation.

If one hedgefund sells to another hedgefund that immediately sells to another hedgefund WITH NO EXPECTATIONS OF SHIFTS IN PRICE, NO DESIRE TO MAKE A PROFIT, NO DESIRE TO BID IN LINE WITH THE EXISTING BIDS THAT THEY CAN SEE AND ARE BIDDING MUCH HIGHER THAN THEY ARE, AND ALL THE OTHER HEDGEFUNDS ARE SIMPLY ACCEPTING THE SELL PRICE AND NOT TRYING TO SEVERELY FUCK EACH OTHER OVER then they are making it VERY CLEAR that they are manipulating the market. And the order books should be open for everyone to analyze once this is all said and done.

[Anonymous No.26951192]

>>26949631
Are you telling me that RH is scared that if Melvin can't buy back their GME shares, and their users bought a shitload of Melvin's shares, they'll be on the hook for returning the GME shares to Bank of America instead of Melvin?

[Anonymous No.26951195]

>>26946023
Tell them you'll pay them later, when rent is cheaper

[Anonymous No.26951251]

>>26948367
they can bail them out for a large amount or force them to buy shares and go bust in which case they risk not getting shit. In some cases a settlement like this is reached instead.

Redditors arent entitled to someone buying their shares.

[Anonymous No.26951283]

>>26950285
>self fud cope

[Anonymous No.26951387]

>>26936178
>Nobody will buy at $1000
You can't put a price on love, anon.

[Anonymous No.26951400]

>>26936304
Can't they just say something like
>"Yo bro, you know gme is kinda high rn, so can you wait 2 weeks until it hits $1?"

[Anonymous No.26951468]

>>26951387

But you can rent it for a night

[Anonymous No.26951537]

>>26951251
>Redditors arent entitled to someone buying their shares
They’ll learn the hard way tomorrow

[Anonymous No.26951696]

>>26951283
Are you seriously going to deny RH and others tried to to make the price crash? I don't know what fuckery they'll pull off tomorrow, or monday.

[Anonymous No.26951753]

SOON MAY THE TENDIE MAN COME
AND SEND OUR GAME INTO THE SUN
HOLD THE LINE BOYS HOLD

[Anonymous No.26951854]

>>26950285
>yeah but that's should make the price spike.
Not if it was done via progressively lower (and agreed upon) limit orders.

[Anonymous No.26951989]

>>26951400
Of course they can. Problem is, they'll accrue interest until the shorts close. Crazy interest too, since 240% of all existing shares were shorted. They'll be paying interest on the borrowed shares of the borrowed shares they're paying interest on. And if its true that they tripled down, it gets even crazier.

[Anonymous No.26952048]

>>26951854
>(and agreed upon)
And what if nobody sells at 500$ just like now nobody is selling at 50$?

[Anonymous No.26952109]

>>26945245
Setting mine at $599.99 to $749.99

[Anonymous No.26952112]

>>26951400
Shorts have a ticking time bomb. Getting margin called and premiums. People rally need to learn how short selling works the amount of retarded questions un fucking /biz/ of all places.

[Anonymous No.26952136]

>>26936304
But didn't they already cover their shorts? Andrew Left said so himself. Would he have lied? Because saying that by lying would be grounds to attempt to manipulate the market and the SEC would investigate him.

[Anonymous No.26952143]

>>26951251
>Redditors arent entitled to someone buying their shares.
You indirectly are when someone else is contractually obligated to receive shares due to a call option expiring ITM or shorts getting margin called.

[Anonymous No.26952144]

WILL THERE BE A DIP TOMMOROW AFTER OPENING

[Anonymous No.26952200]

>>26951400
no because usury

[Anonymous No.26952314]

>warning people about price movements in a crypto forum
You really have no idea whats about to happen do you?

[Anonymous No.26952334]

>>26952136
paying a fine for lying through your teeth is not nearly as much as they'd pay for getting squeezed as hard as they're about it

[Anonymous No.26952470]

i've got an intuition for these things. no i never got in GME. yes i thought about it long before you fags.
i think it's over, but i salute you /neverselling/
i'd suggest you request a paper certificate from your broker and frame it as proof that you're a normiefag prone to getting caught up in whatever hype the media wants you to.

[Anonymous No.26952541]

>>26936178
Stupid nigger, you have no idea what's going on

[Anonymous No.26952580]

>>26952048
I actually have no idea. But the thing is, some people WILL sell at 500. Not close to enough to cover everything, but it will get the ball rolling and raise the market price. And as it rises, more and more people will sell out, because despite the memes, almost everyone has a price point, even if they don't have it planned in advance. The question is, what will be the peak, and roughly how long will it last? That I have no fucking idea. But another question, and one that you'll have to decide for yourself is, what price will be good enough for you?

[Anonymous No.26952628]

>>26952136
Go ahead, trust a jew all you want

[Anonymous No.26952675]

>>26936178

[Anonymous No.26952709]

>>26951251
You know what a margin call is? You think in a short squeeze. Shorts put actual buying orders to buy stock? Are tou fucking retarded? The moment IT happens almost all day will just be margin call after margin call with brokers buying market price for every single share.

[Anonymous No.26952716]

>>26936178
Cope

[Anonymous No.26952728]

>>26937288
They don't really have much of a choice

[Anonymous No.26952879]

>>26952580
>almost everyone has a price point,
What part of "I'm not fucking selling" don't you understand? If these people have a price, it's 6,000,001

[Anonymous No.26952949]

>>26936304
they already got out today after big dick Biden called Robinhood to freeze buying

the only squeeze left is on the buy side as a bunch of leddit call options need to be accepted by market makers

[Anonymous No.26953079]

>>26952949
There wasn't enough volume to clear the shorts.

[Anonymous No.26953116]

>>26951192
RH are scared since they are part of the whole that will get bankrupted from this.

[Anonymous No.26953313]

>>26950285
>Getting into legal trouble
>for making money off of a stock they loved
Get out of here, seriously.
Who do you think you are?

[Anonymous No.26953430]

>>26952879
I'm sure you mean it. You may even be right about yourself. But most people aren't, even if they don't know it yet. When they see those unrealized gains, they'll break. And as long as the average person doesn't break until the hedgies are forced to pay out the ass, then that's good enough. A thousand bucks a share would destroy them, and enormously enrich the peasants who dared to defy their masters. Could it go higher? Perhaps. But I won't be along for the ride, at least not fully.

[Anonymous No.26953442]

>>26952580
>WILL sell at 500
Yeah, until there isn't any left, that basically just the mechanism of a price increase.
>almost everyone has a price point, even if they don't have it planned in advance
the old "unrealistic" meme was 420.69. now they're above a thousand. retail just keeps rising their price target as the stock price rise.

In any case now you're back to everyone is saying which is that the actual peak is unpredictable.
>what price will be good enough for you?
any which creates lulz, im not in the game

[Anonymous No.26953449]

>>26945222
Fair Enough. I respect your opinion. Hope to see you well and alive on the pitch after all is said and done.

[Anonymous No.26953736]

>>26952879
You don't need to sell. Other people will. Are you under the misconception that the fact it's shorted >100% means someone needs to buy your specific share?

[Anonymous No.26953894]

Bros I need an opinion.
12 Shares of GME @ 88
Stupidly gambled 60 Shares of AMC @ 15.68
2 K USD investment total.
Currently underwater about $300 on the AMC as of AH trading.

Should I sell 5 of my GME @ 400 to cover my initial and let the remaining 6 ride, or are the "gamma squeeze 1K USD" mems true?

[Anonymous No.26953919]

>>26953313
>they did nothing wrong so the system wont go after them
I don't think it's likely but it could happen. even then though it probably would just affect major influencers who "manipulated" (made a speculative prediction) on the price.

[Anonymous No.26954067]

>>26953442
Oh yeah I'm not saying we for sure won't be seeing ridiculous numbers. In fact I would be absolutely shocked if it didn't break 500, and I expect it to reach 1000. But I don't think most people would hold out beyond that point. Not that it theoretically couldn't go higher, but simply because it becomes an unacceptable level of risk to NOT sell at that point.

[Anonymous No.26954173]

>>26941075
Stop shilling hedgie, it would just go to the banks at this point, they are insured.

[Anonymous No.26954238]

>>26936583
paper hands typed this post. seethe harder

[Anonymous No.26954325]

>>26953919
The only people they could actually go after are influencers with any kind of following. >"manipulation"
(such an nebulous term that you could apply to literally any of the TV market analysts if they weren't a protected class)
I agree with you though

[Anonymous No.26954337]

>>26953894
400 is low. Wait until at least 500, which is all but guaranteed. If you insist on guaranteeing principal recovery, sell there or shortly thereafter. Wake up early tomorrow, it could reach there fast, and who knows what kind of jewish tricks could slow the market down.

[Anonymous No.26954386]

>>26953116
Yeah, but why? They are legally responsible for buying back the GME stock their users bought from Melvin, and returning that stock to the lenders? And if this bankrupts RH, do the courts go after RH's financiers? Eventually you're just going to make your way back to the banks, who are the lenders to start with, leaving a massive pile of bankrupt random firms. Not many institutions have almost $100 billion in liquidity to spend on this shit.

[Anonymous No.26954440]

>>26953736
Thats not a misconception. Every single share needs to change hands to close shorts. Otherwise, shares must be borrowed to meet margin call obligations and call option obligations. If SOMEHOW that does not happen, and shares are cycled within the hedgefunds with no price change that goes drastically to the upside, in line with the remaining holders, that is ACTUAL proof of market manipulation.

[Anonymous No.26954490]

>>26936357
This. They're are just trying to spread FUD because they are realizing just how fucked they are. Literally all you have to do is hold.

[Anonymous No.26954550]

>>26953079
the rest will be able to get out at 3:00pm when Robinhood forces the sale of all those options which can't be assigned (i.e. all of poorfag redditors who dont have millions of cash available to get assigned)

[Anonymous No.26954605]

>>26948794
>If they get away with that, THAT means on Monday, EVERYONE can buy a single share of a stock like Amazon, short Amazon on Margin for its entire market cap, and then cycle the single share they own to cover if anything goes wrong. That would be ONE HELL of a precedent to establish.
good idea, we should all do this

[Anonymous No.26954709]

>>26954337
>who knows what kind of jewish tricks could slow the market down
Oh, you're in for a good time, little goyim. We still have a few tricks up our sleeves.

[Anonymous No.26954716]

>>26954550
Redditors dont have to get assigned. They can sell their ITM call options to someone who can. Which they have been.

[Anonymous No.26954772]

>>26954440
when has market manipulation stopped them before? they're gonna cheat. but I'll still hold ... fuck em

[Anonymous No.26954808]

>>26940349
Here, have some numbers from today
https://financhill.com/most-heavily-shorted-stocks-today
If they’re not scared why have they doubled and even tripled down on shorting GME?

[Anonymous No.26954839]

>>26936178
I don't know, but he probably has a dreidel at his desk

[Anonymous No.26954872]

>>26952728
This. Price is subjective and if we all collectively decide gamestop is worth $2000 a share, we can do that, it just costs money to get it there.

[Anonymous No.26954912]

all the jewnigger fuckery pulled today was their last option. i stopped checking but around 11AM we were up to 20 halts by then. all their kike tricks and they couldnt get it to go below 100. fuck all these pieces of shit

[Anonymous No.26954933]

Same people that wanted to buy at $500 before more Jewish manipulation

[Anonymous No.26955130]

>>26954808
they're counting on everyone losing interest, selling, and tanking the price while making massive profit from their new shorts that they carried out when the stock was 300+

in a month or so they could stand to make billions

[Anonymous No.26955134]

>>26954709
I wonder though, what do they have left? They can't halt selling, because they need to buy. They can block purchasing by normies again, lowering the price, but everyone already knows the trick, and nobody will sell, and they'll just be fucking themselves on interest.

[Anonymous No.26955200]

>>26954716
no shit retard
guess who they sell to?
market makers, who use their cash to get assigned then sell the shares immediately, which does ________ (I'll let you fill in the blank)

[Anonymous No.26955442]

>>26955130
What do you think was going on with those stoppages and huge dips today?
Shorts were selling between one another to bring the price point to an artificial low. If that was a real correction GME wouldn’t have gained 60% AH

[Anonymous No.26955445]

>>26936680
They’ve already lost a lot more than 10 billion, retard.

[Anonymous No.26955579]

>>26954550
>>26954716
You don't get fucking "assigned" on calls you bought. They are the right but not the obligation to buy at that price. If someone is holding an ITM call at EOD and doesn't sell it to the market and doesn't exercise it, it just goes away. MAYBE your broker will automatically exercise it for you and sell the stock to the market and deposit the gains (I've heard some do this, maybe even TDA does it, I just never have held to expiry on an ITM contract).
Its the ones who WROTE all those calls (the shorts) that are on the hook to buy all the stock to fulfill them. This is part 2 of the short squeeze.
Shorts are going to get fucked with no lube in every hole they have in their bodies and even holes they didn't know existed.

[Anonymous No.26955795]

>>26955134
I'm thinking they'll come up with a scorched earth solution. They won't come out of this unscathed but they're bringing down the retail investors with them. Hell I wouldn't be surprised if gamestop folds.

[Anonymous No.26955891]

>>26955200
Or, who get assigned and then kick in round two of the short squeeze because the shorts still have not fucking closed.

[Anonymous No.26956187]

>>26955579
why would someone buy a call if they're not going to exercise it? they would be throwing away all the money they gave you to buy the call. every market maker who buys a call has cash to exercise, then they sell the shares so they can use the cash to exercise another option.
holy fuck.
you should not be allowed to trade.

[Anonymous No.26956344]

>>26955579
>Its the ones who WROTE all those calls (the shorts) that are on the hook to buy all the stock to fulfill them. This is part 2 of the short squeeze.
also wrong
the writers of calls already own shares. if they don't (naked call writing) but you also don't exercise the call, then they don't actually have to buy shares and they just keep your prem.

[Anonymous No.26956456]

>>26938641
This. Fuck off OP

[Anonymous No.26956535]

>>26948794
you're a retard

[Anonymous No.26956643]

>>26956187
>why would someone buy a call if they're not going to exercise it?
Because people are fucking retarded and have literally slept through options expiry?

>>26956344
Anon, there are hundreds of thousands of calls likely to expire ITM tomorrow on GME. That is millions upon millions of shares.

[Anonymous No.26956739]

>>26936178

1) People who expect it to go higher

2) You dont know how a short squeeze works, do you? When those shorts expire they are contractually obliged to hand over GME stock so they have to buy it at whatever price it is at, no matter the price, since they were dumbasses and didn't cover their shorts (already possess the stocks).

[Anonymous No.26957119]

>>26936178
Hedgies.

>>26936583
>hedgies not having money
what a laugh