Gamestop

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:Why isn't the company just dumping their treasury stock to raise $, dilute the imbeciles, and cause all these robinhood traders to wet their fruit of the looms?

You’re an idiot. Corporations hate their short sellers. This was a massive favor to GME.

Exactly. What kind of low life bets on a company going down, and actively driving the stock price down by shorting!

If you believe in market efficiency, the price of Game Stop should go down, it’s going to go the way of Blockbuster.

This is not true. Physical sales of games have not decreased the way movie rentals have and consoles are selling in huge numbers

**caveat** but of course GameStop will go down because right now it’s on an insane bubble. But they won’t go bankrupt if they survive covid imo

It’s just a matter of time. . .

the current share price has nothing to do with the business and thats OK. there is currently baked in demand that short sellers will have to buy more shares than exist. they have to buy the shares eventually. after they buy them to cover their shorts and that guaranteed demand is gone its hot potato for everyone else to not be the one holding the bag as the price returns to earth.

same thing happened to volkswagen in 2008. this isnt unprecedented its just the first time a person just playing with walking around money can easily participate.

+1 Succinct explanation of what is happening.

Agree. This is correct. So what we can take from this is that it’s almost certain that the stock price has not yet peaked.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Why isn't the company just dumping their treasury stock to raise $, dilute the imbeciles, and cause all these robinhood traders to wet their fruit of the looms?

You’re an idiot. Corporations hate their short sellers. This was a massive favor to GME.

Exactly. What kind of low life bets on a company going down, and actively driving the stock price down by shorting!

If you believe in market efficiency, the price of Game Stop should go down, it’s going to go the way of Blockbuster.

Does anyone know how many of the original shorts have not yet been covered? When stock price was around $10 or so.

This is not true. Physical sales of games have not decreased the way movie rentals have and consoles are selling in huge numbers

**caveat** but of course GameStop will go down because right now it’s on an insane bubble. But they won’t go bankrupt if they survive covid imo

It’s just a matter of time. . .

the current share price has nothing to do with the business and thats OK. there is currently baked in demand that short sellers will have to buy more shares than exist. they have to buy the shares eventually. after they buy them to cover their shorts and that guaranteed demand is gone its hot potato for everyone else to not be the one holding the bag as the price returns to earth.

same thing happened to volkswagen in 2008. this isnt unprecedented its just the first time a person just playing with walking around money can easily participate.

+1 Succinct explanation of what is happening.

Agree. This is correct. So what we can take from this is that it’s almost certain that the stock price has not yet peaked.

[Anonymous]

This is nothing new. 2005-8 plenty of pump n dumps, the dash for trash, kill the shorts, etc. Only difference is back then it was discussed on Twitter vs reddit. Retail had just as much access to trade through online trading back then. Robinson is just marketing.
Hedge funds are both long and short. The longs thank you and these kids who think they're taking down tHe mAn are just the new bag holders.
And game stop is crap.

[Anonymous]

What about AMC?

[Anonymous]

Anonymous wrote:What about AMC?

it's more riding on the meme coattails than anything. short interest was high but nowhere near GME. and nowhere near 100%.

[Anonymous]

Anonymous wrote:

Anonymous wrote:What about AMC?

it's more riding on the meme coattails than anything. short interest was high but nowhere near GME. and nowhere near 100%.

The stock surge might have saved AMC, as they were able to convert a lot of debt into stock last week, but definitely not the same fundamentals as the GME short squeeze.

Looks like silver is next up.

https://www.cnn.com/2021/01/31/investing/silver-price-squeeze-reddit-wallstreetbets/index.html

[Anonymous]

Stay away from silver. Silver is manipulated beyond belief by JP Morgan. Silver constantly goes through cycles where it looks like is going up and then just bursts badly for almoat no predictable reason. JPM had to pay big fines for manipulation of precious metals recently.

[Anonymous]

So for those who are late to the party, is there anything to buy today?

[Anonymous]

Anonymous wrote:So for those who are late to the party, is there anything to buy today?

GameStop.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So is the only way to stop this happening in the future to allow the HF to fail? If our government always bails them out, why would they stop?

The only time a hedge fund has been bailed out was in 1998--Long Term Capital Management. Even then it was a group of banks (note I am using that word correctly) that collectively recapitalized it under the auspices of the Federal Reserve. LTCM was liquidated in 2000.

Why is everyone confusing hedge funds with banks?

Most of the people who are involved in this have no idea how any of it works.

More people than you might think know enough imo. It’s not that people are confusing the two. It’s that they are correctly assessing banks and hedge funds as the same type of unaccountable Wall Street villains who succeed by constantly cheating the system and paying off the refs.

Banks are regulated and supervised and HFs are not. Dodd Frank put in prohibitions on banks' proprietary trading; prop trading is the whole point of an HF.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So is the only way to stop this happening in the future to allow the HF to fail? If our government always bails them out, why would they stop?

The only time a hedge fund has been bailed out was in 1998--Long Term Capital Management. Even then it was a group of banks (note I am using that word correctly) that collectively recapitalized it under the auspices of the Federal Reserve. LTCM was liquidated in 2000.

Why is everyone confusing hedge funds with banks?

Most of the people who are involved in this have no idea how any of it works.

More people than you might think know enough imo. It’s not that people are confusing the two. It’s that they are correctly assessing banks and hedge funds as the same type of unaccountable Wall Street villains who succeed by constantly cheating the system and paying off the refs.

Banks are regulated and supervised and HFs are not. Dodd Frank put in prohibitions on banks' proprietary trading; prop trading is the whole point of an HF.

If the banks, ratings agencies, etc were regulated and supervised *well* then the financial meltdown of 2007 and 2008 would have never happened. If they were regulated and supervised well, then we would have seen some accountability after it did happen. Instead, TBTF banks were bailed out with no strings attached and grew even bigger.

The point is not that banks and hedge funds are the same thing. Of course they’re not. It’s that they are two different facets of a corrupt system that screws over Americans.

[Anonymous]

Anonymous wrote:

Anonymous wrote:So for those who are late to the party, is there anything to buy today?

GameStop.

Seems like the squeeze is over, no?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So for those who are late to the party, is there anything to buy today?

GameStop.

Seems like the squeeze is over, no?

Where are you coming up with that?

[Anonymous]

Anonymous wrote:So for those who are late to the party, is there anything to buy today?

SAVA

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So for those who are late to the party, is there anything to buy today?

GameStop.

Seems like the squeeze is over, no?

Where are you coming up with that?

Sorry, I don’t know anything about this. I was just questioning why it’s still a good idea to buy GME. If the high on Friday wasn’t the squeeze, how will the squeeze happen? Not understanding why this isn’t over yet.