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/biz/ - Business & Finance


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27381553 No.27381553 [Reply] [Original]

Hi /biz/, I work at a hedge fund (actually, part owner) & now that the dust has settled and we're way ahead, I'm happy to explain to you all what the plan was, and why & how it worked.

First, we were eating a ton of shit on our GME shorts. When it went to $120 we realized there was autistic memetic momentum behind it and covered entirely/closed our shorts.

However, we saw this as an opportunity, so we started to drive the narrative to keep buying GME to retail for the inevitable "short squeeze" with the intent of shorting again -- even more so than we were before -- with a PT of $400 to begin shorting.

This number was of course hit, and we're now well in the green above and beyond anything we lost.

Why is this working? Well, we were betting on retail running out of steam i.e. running out of money. Most retail buyers don't DCA, they throw everything they have all at once into a stock to try to achieve maximum gains. Most of these plebs don't have the income to continue to throw money, and once they're in the red become desperate and sell. So the idea was we'd wait for retail to throw all their money in, re-open shorts. That's exactly what happened. There are no new retail buyers coming in, and slowly you're seeing more and more capitulation happening from remorseful buyers.

Ultimately we're looking for a price sub $100 to close these shorts.

>> No.27381782

>>27380894
>>27380894

>> No.27381970

Prove it

>> No.27382016

>>27381782
I personally hold 2 of these (BTC and LINK). ADA is a shitcoin. My fund holds zero crypto, it's a regulatory nightmare rn.

>> No.27382890
File: 32 KB, 474x515, jzfjfjf.jpg [View same] [iqdb] [saucenao] [google]
27382890

No... please don't be true...
you can't just short at 400, then do a short ladder attack to make it dip to 150, then cover those shorts, as well as the other shorts and make $50 USD profit off of each short covered this way.
Please no... PLEASE

>> No.27384100
File: 115 KB, 700x489, fuckyou.jpg [View same] [iqdb] [saucenao] [google]
27384100

>>27381553
That is nasty kikery but i am not selling even if it hits 0.
Now please go and gas yourself.

>> No.27384988

>>27381553

Lmao you're offering a concise, clear strategy that so far has worked perfectly. I can buy that this is real.

I figured there would be hedgies shorting at the top and that if GME ever closed lower than it opened, that would be the beginning of the end as those shorts are now weighing down as hype dies.

You guys still gambled big on this though. It might as well have gone to 800.

>> No.27385180

>>27381553
Serious question jew. Why is your kind born of such evil and hatred for others that you resort to manipulation of them?

>> No.27385322

>>27381553
so how did you hide the low volume to cover your shorts shlomo?

>> No.27385544

>>27381553
How fucked would you be if brokers didn't prevent buying gme or didn't put auto stoplosses on gme?

>> No.27385623

>>27382016

By the way Hedgie, now that you have won big and might feel magnanimous, do you have any stray thoughts on what you'd invest in right now; with out of course outright offering advice?

>> No.27385695

>>27381553
How did hedgies manipulate retail trading companies to restrict sales, and how is it not illegal? If nothing else many average investors have learned just how dumb and rigged the stock market is, hopefully there will be some reform if nothing else. Also please give me some actual investment advice if you can for investing smaller amounts of money to turn profit, lets say I have a budget of 10k what should I try to have?

>> No.27385925

>>27381553

>> No.27385943

>>27381553
Prove it

>> No.27386016

>>27384988
yes i am buying this concise strategy as well

>> No.27386053

>>27381553
pics or didnt happen

>> No.27386398

>>27381553
How can I become an honorary jew and then work for a hedge fund? Is this possible?

>> No.27386511
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27386511

Lot of fucking retards in this thread

>> No.27386556
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27386556

>>27384988
>It might as well have gone to 800.
Yeah maybe if Robinhood didn’t shut down trading. Tough luck goyim. Come play again soon.

>> No.27386587
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27386587

>>27381553
Nice try, shill.

Still holding.

>> No.27386831

>>27381553
Please let this be true OP! Nothing would make me happeir than to see plebbit suffer.

>> No.27387006

>>27381553
Please sell so we can get down to $100
Lol now that you told us "the plan" we're all gonna buy and hold more!!! (You very clearly don't know how this works and are full of shit btw.).

You're a $12/hr social media shill and you copy-pasted an email written up by your desperate hedge fund temporary employer.

>> No.27387102

>>27385322
All the paper hands that will cave because they don’t understand this

>> No.27387230

>>27384988
Yeah and then he, merciless as he supposedly was to do it in the first place, came to Jesus and is now telling you, for your own sake, to sell.

My God how do you fall for this? ITS A SHILL.

>> No.27388688

>>27385695
>How did hedgies manipulate retail trading companies to restrict sales, and how is it not illegal?

That restriction (effectively on orders of DTC - Depository Trust Corp.) had the effect of a brief, but deep, spike down from 480 to 155 on Thursday morning. That cleared out most of the weak hands with intermediate stop-loss orders. The drop reversed steeply within minutes. Remaining longs were strong hands, many with deep pockets. Another dip, like today's, won't spook them. The remaining question is whether the shorts can unwind the massive multibillion overhang (especially the nakeds) without propelling the price a lot higher. Will zig-zagging on low volume, with small fry counterparties, accomplish that? Major longs assume the squeeze will outlast the big shorts' appetite for paying high interest indefinitely.

>> No.27388887

>>27385803
>>27385803
>>27385803

>> No.27389048

>>27388688
>480 to 155 on Thursday
480 to 115

>> No.27389353

Some of the GME shorts shorted at prices like $6. Ouch.

>> No.27390032

>>27384988
Everything is a gamble but believe it or not we had a number of sophisticated calculations pertaining to how much money we believed retail had left to throw at GME and were able to fairly accurately estimate around where the top would be.

>>27385180
Manipulating crowds is just what people who have the ability to do that wind up doing, because it leads to the greatest personal gains. Whether you want to save the environment or be a billionaire, that's the only way to do it. That's why advertising exists and why businesses who advertise best succeed even when a competitor's product might be superior.

>>27385322
? You can see volume spiking right around where we covered.

>>27385544
I imagine not fucked, honestly. It slowed some sperg buying but didn't prevent it entirely. All the WSB retards complaining had already blown their load, new buyer volume had already lowered dramatically. There has been more than enough time for a new buyer to come in since then via brokerages that still allow full trading, but the volume has died off. In fact the volume actually already began to die well before that $400 mark got hit.

>>27385623
Anonymous message board and I'm not doing anything to doxx myself. The next big play we're looking at is entering a short position on TSLA. We think that the market is due for an overall correction and TSLA is bloated with normie paper hands money and in a market-wide correction will get absolutely decimated.

>>27385695
This was Apex Clearing. Really what happened was all the brokerages were over leveraged and Apex was like "nope, we're not selling you shares anymore" but for the brokerages it looked better for them to just say "hey WE aren't selling shares anymore" than it did for them to say "hey WE DON'T HAVE ANY FUCKING MONEY AHHHHH"

>> No.27390158

The low volume suggests that the SERIOUS short covering (by the big hedge funds) hasn't started yet. They can bide their time, hoping that the big longs will cave and sell first.

>> No.27390210

>>27384988
Even if OP is a shitposting larper it’s definitely what happened. Anyone with a brain could’ve (and did but were called shills) predicted it. That’s why I got out soon enough to recoup my investment plus some change.

>> No.27390261

>>27390158
1/26 & 1/27 were when we covered, and I know at least 1 other firm who did then

>> No.27390310

>>27390032
>? You can see volume spiking right around where we covered.
no, you can see the volume spike when it hit ~500, unless youre telling me you covered at 500 then you lot really are retards

>> No.27390770

>>27390032
>retail had left to throw at GME and were able to fairly accurately estimate around where the top would be.

That applies to last Thursday's top and the buy-restriction trick from Depository Trust (DTC). It knocked out a vast number of "retail" buyers with stops. The "retail" small-fry are not the long force now. Dealing with a different crowd now.

>> No.27391166

>>27381553
Any proof?

>> No.27391335

>>27390032

Ah well I just don't have money to short for weeks, but thanks for answering.

>> No.27391513

>>27390032
>Apex Clearing
Neither Apex clearing nor Robinhood had any choice. The order came from Depository Trust, (DTC) in the form of an absurd margin order to Apex. Depository Trust is owned by the primary brokers; most of them make millions steadily from the shorting business and are intimate with the hedge funds.

>> No.27392195

>>27391513
>The order came from Depository Trust, (DTC) in the form of an absurd margin order to Apex.

Note that the primary brokers themselves (like Morgan Stanley et al.) had no such orders; they traded GME (long and short) freely on Thursday and Friday, No problems, no restrictions.

>> No.27392382

>>27381553
nigga you're selling to yourself because I ain't selling and nobody is selling to me at 230

>> No.27392536

>>27392195
Thanks knowledgeable anon

>> No.27392551
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27392551

>>27381553
OP is a faggot
Fuck kikes
Fuck niggers
Fuck trannys
Fuck jannies
Fuck hedgies
Fuck (((You)))

>> No.27392657

Attention /biz/
At 3PM EST we’re going to buy a massive amount of $AMC to combat the hedgefunds, it doesn’t matter if you can only buy one share the point is all orders going at the same time, we are more than them
Share this on every discord channel, subreddit and board

>> No.27392797

>>27392657
No we aren't

>> No.27393620

>>27390032
>>27392195
give it to me straight guys, will there be a final spike to 350 so I can get out at break even or not

>> No.27393915

The key thing for GME stock now is not new buying by retail minnows. The key is the long whales simply NOT SELLING for a long time, while the big shorts struggle to cover their (real and counterfeit) shorts at the lowest prices that they can engineer. Many of the biggest shorts shorted (sold) GME at prices far, far below today's prices.

>> No.27394498

>>27393915
>The key is the long whales simply NOT SELLING for a long time, while the big shorts struggle to cover their (real and counterfeit) shorts at the lowest prices that they can engineer
so a slow bleed out as impatient retail hands sell whilst long whales continue to hold?

>> No.27394746

>>27393620
My exact question

>> No.27394962

>>27381553
This is utter bullshit, bears have no share availability to create shorts, it's completely dry. Eat my ass hedgie faggot, you WILL give me tendies and you WILL be stuck in a wagie cage with the rest of us.

>> No.27395117

>>27393915
Feb 5 weeklies look very interesting.

>> No.27395519

>>27393620
>will there be a final spike to 350 so I can get out

I don't know, because I don't know the size and staying power of the long whales (not the minnows). I do believe that some short whales will be desperate. Time favors the longs. If the long whales are patient and simply DON'T SELL, the big shorts will be up against it and may have to cover at absurdly high prices (if their politicians don't intervene to save them).

>> No.27395875

>>27386831
nigger

>> No.27396111

>>27381970
They won't because they can't

>> No.27396219

>>27381553
Nice shit post but none of this is factual. Are you the guy with the 6 yt accounts trying to fuck with people who were covering this the last couple days??

>> No.27396338

>>27381553
What you make of silver?

>> No.27396374

>>27381553
And brokers with DTCC/SEC shut down buying because they knew about what is going on in reality to prevent poors from becoming broke, but they cannot speak straight and clear as that would be a violation of trading rules by publicly disclosing real market positions.

That is just to add to that OPs' conspiracy theory.

Is it real? - I don't know. And (You) don't know either.
Is there a chance for something like this to be actually real? - Of course, there is.

>> No.27396686

>January 22nd
196.78M
>January 23rd
177.87M
>January 25th
177.87M
>January 26th
178.59M
>January 27th
93.4M
>January 28th
58.82M
>January 29th
50.26M
>February 1st
29.25M

Low volume = not real trading, retard

>> No.27396755

>>27394498
>a slow bleed out as impatient retail hands sell whilst long whales continue to hold

IF the long whales continue to hold. I don't know the level of their intercommunication. Short squeezes depend on some degree of concord and discipline. Of course there are usually some longs who "break" ahead of time and allow SOME shorts to cover at lower than the desired price (anxiety exceeds their greed). As for a slow bleed, yes, but that is usually followed by a dramatic crescendo (the true peak) if the squeeze succeeds. 480 on Thursday (the following dip was a DTC ploy) didn't act like a real short-squeeze peak.

>> No.27397385

Consumer generation is conditioned like dogs on text alerts and tiktok attention spans. Anybody with a shred of wisdom could see them being scared and washed out with a little sideways trading and played accordingly.

At the end of the day you get fucked by the market, public schools, news, internet shills, government, orchestrated corona panic, unemployment, limited International travel and

People still don't wake up to the obvious examples straight told to their faces like this.

Just cash your checks on mcdonalds, processed cereals, estrogen meats, waste your time in public schools and minimum wage jobs soon to be replaced by systems and covid risk free automated tools in the industrial revolution reset good goyim

Wake up retards

>> No.27397660

>>27396338
>What you make of silver

An attempt, somewhat successful, to distract the retail internet public from the enormous short squeeze in GameStop stock that has already destroyed Wall Street giants and has barely begun.

>> No.27397834

>>27397660
bro its over the short interest is at 29 million as of 1/29 from 71 million shares.

https://isthesqueezesquoze.com/

>> No.27398205
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27398205

>>27397660
>>27397834
Don't believe me here is everyone running for the door at the level 2 data.

>> No.27398275
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27398275

>>27381553
if that was true you wouldnt be suppressing the price with all your kike tricks you dumb 20 year old shitposter

>> No.27398277

>>27381553
>Ultimately we're looking for a price sub $100 to close these shorts.

kek you will get too greedy and eat the interest payments until you wait for $100

same as retards on reddit who wait for GME to hit 1k+

>> No.27398281

>>27381553
>covered entirely/closed our shorts
Nice larp you fucking faggot. Now get the fuck off my board and never come back you absolute kike cock sucking piece of shit.

>> No.27398321

>>27396755
>As for a slow bleed, yes, but that is usually followed by a dramatic crescendo

It was neat to see it happen to VW, but actually playing the squeeze game is nerve wracking. This is probably the largest game of chicken ever played.

Besides TSLA of course

>> No.27398571

>>27381553
Lol, what kind of psycho are you? Writing a whole 6 paragraphs of larping bullshit no one will read.

>> No.27398754

Don't care, not selling. I think 5 shares of Gamestop will be hilarious to leave in my will.

>> No.27399723

>>27397834
>bro its over the short interest is at 29 million as of 1/29 from 71 million shares.

Really? Did those remaining billions in GME stock that was shorted (sold) for under $10 really get covered between $212 and $480 ? Ouch.

>> No.27400119

>>27381553
Not enough volume. Crash from 450 to 120 was 10 million shares. Your hedge funds have shorted 80 million. You didn't cover shit and you didn't buy shit.

>> No.27400427

>>27399723
Yeah They got fucked. Its why the market tanked for two to three days and GME hit 500+ premarket 1/28

>> No.27400682

>>27399723
>>27400427
Also BTW there is some bot dropping million dollars of buy orders at 230.00 whenever bids hit that level. So some fund is closing at the level.

>> No.27401394

>>27395519
>>will there be a final spike to 350 so I can get out
>I don't know, because I don't know the size and staying power of the long whales (not the minnows).

P.S. If in fact the squeeze is not "over" as somone here claims, and is continuing, as I believe it is, I'd expect the "final spike" to be a new high for GME stock, hence much higher than "350".