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/biz/ - Business & Finance

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27719493 No.27719493 [Reply] [Original]

What price should we expect when the squeeze is squoze?

>> No.27719615

already happened. financial illiterates FOMO'd in and then panic sold to the shorts

>> No.27719624

don't care. I only bought 1 for around $150. will hold it forever as a souvenir of fun stock times in 2021

>> No.27719683
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27719683

>> No.27719807

>>27719493
It went from 20 to 500. That was it. That was the squeeze.

>> No.27719832

HOW THE FUCK CAN THEY BE ALLOWED TO SHORT LADDER ALL DAY??? THE KIKES KEEP DRIVING THE PRICE DOWN ARTIFICIALLY

>> No.27719837
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27719837

Bought 157 Shares @ 420, dont care still holding. At these prices everyone should buy 100 shares , what a steal

>> No.27719996

10k? I'm not selling for less then 35k!

>> No.27720003

Bought 5 @ $259.
I don't feel so good, Mr Crabs, but I'm going to hold. I don't have much to lose at this point

>> No.27720068

>>27719624
same

>> No.27720168

>>27719493
>>27719615

https://www.cnbc.com/2021/01/27/hedge-fund-targeted-by-reddit-board-melvin-capital-closed-out-of-gamestop-short-position-tuesday.html

Melvin closed their shorts like last week. reddit said "fake news" and ignored it. That was the squeeze. It's done.

>> No.27720380
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27720380

>>27719493
shit literally about to break $70 support and the next support is at $60 and the 3rd and last line of support is at $20... Yes $20.

>> No.27721040

>>27720380
s-s-should i buy at $20?

>> No.27721991

>>27720168
It is impossible for them to have done so. They do not have the assets to, nor was there volume to when accounting for the retail traders.

If there was a squeeze it would not have halted when retail traders could not buy. It was just a pump from media hype/normies.

>> No.27722300

>>27721991
so are you confirming the squeeze has not been squoze yet?

>> No.27722476

>>27722300
It can't have. Whether it ever will is another question entirely though.

>> No.27722503

10k is too little. I am here waiting for 50k. I am not selling until that.

>> No.27722758
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27722758

>the squeeze is squoze

>> No.27723905

It's been a real eye-opener. The whole "short squeeze" scenario was fabricated, unfounded fantasy. Neither /biz/ or reddit can be trusted. It doesn't matter if they shorted over 100% of the float, it doesn't matter if it was 10000%. People will sell. What people call the "squeeze" was nothing more than FOMO pump from all the publicity this farce gained.

We knew they had to FUD to make people sell. We knew they had to buy at some point if people just held. We didn't expect broker collusion but it was easily identified as such. People still sell in fear and for the paltry profits from the massive amount of newcomers buying in.

So what went wrong? well apparently hedgies can do invisible business that no one else can track. We have no tangible data. Apparently all the numbers were wrong, or maybe they didn't have to pay anything for the stocks. The whole shorting entrapment scenario was misguided from the start. They closed out their positions with thin air, not reflecting in the price or the volume of stocks moving about. Maybe people just couldn't hold for shit and turns out you can never count on other people, only take advantage of them. A little pressure and they sell in droves.

So next time an event like this occurs, don't think for one second that corporations can't handle it one way or the other. Only focus on the popularity it may gain, then cash in on the incoming dumb money.

>> No.27724899

>>27723905
The real lession is no one should be putting money into the market. The only way to win a rigged game is to play another game.

>> No.27724942

The squeeze actually hasn't been squoze (and it never will). The RH trading restrictions gave hedgies a second wind and allowed them to exit a large portion of their shorts whilst trading the volatile market (they still got burned badly.)

>> No.27726481

>>27719493
A long squeeze is more likely than a short one at this point you retarded nigger

>> No.27726574

>>27724942
The long squeeze will squoze

>> No.27727103

>>27719493
Got into GME leaps and stock last year after lurking WSBs everyday while at work.

I bought the call contracts for $.60 and sold at $200+

Watching all the normies that got into this after $60 and $140 has been the craziest thing in my life. When all these people were buying I was dumping my shares and calls. It felt gross.

I worked as a plumber and quit by job when $GME was $28, I don't plan to work for a few years and work on my house/property.


I just wish I could of told these people not to buy. I'm full of regret.

My total investment in GME was $2500

>> No.27727341

>>27720168
That was almost certainly a lie. That being said they totally could have by this point.

>> No.27727521

>>27727103
Cant math right now, what was your profit?

>> No.27727694

>>27727521
I ended up with $740k but was over a $1.2 million at one point.

>> No.27727838
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27727838

>>27719493
IT'S BOUNCING!
LET'S FUCKING GO!!
THE ROAD TO $1,000 STARTS NOW.

>> No.27728174

>>27727694
Good stuff my boy. Enjoy your time and reinvesting wisely.

>> No.27729288
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27729288

>>27720380
At this point who fucking cares if it goes down to 20$

I already blew up my trading account becuase of this fucking meme stock. Never again. Never again am I listening to retard Reddit and you fags on biz.

I built my empire over 2 years of hard work and careful trades, only to blow it all up in one week.

t. a guy with 5000 dollars

>> No.27729751

>>27729288
You could have bought the stock at $10 in October, retard.

>> No.27730001
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27730001

>>27719837

>> No.27730076

>>27720003
>Bought 5 @ $259.
>I don't feel so good, Mr Crabs, but I'm going to hold. I don't have much to lose at this point
except maybe $400?

>> No.27730191
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27730191

>>27721040

>> No.27730282

>>27723905
T. New

>> No.27730380

>>27721040
i wouldn't buy above $4

>> No.27730562

>>27722300
https://isthesqueezesquoze.com/

>> No.27730765

>>27719624
moron

>> No.27730979

>>27721991
>>27722476
This, basically they are doing everything they can to make sure it doesn't. Not sure if it will be enough, but they are desperately trying.

>> No.27731172

Idiots. It’s been an interesting case study of the prisoners dilemma.

>> No.27731219

The short float is back to 121%, what’s to stop us from doing this again?

>> No.27731264

>>27731172
Lol what the fuck are you even talking about?? Prisoner's dilemma?

>> No.27731368

>>27719493
YOU CANT GO TO THE MOON IF YOU DONT HOLD
THESE NIGGAS SALTY CAUSE THEY DONE MISSED OUT