Gamestop

[Anonymous]

Anonymous wrote:Guy who started the reddit post positioned his 50K investment into 22 million.

Lol, not at all. Do the math. It was $4 in September. That’s 12,500 shares. The highest it got was $380.

That’s 4,750,000 IF he got in in Sept and sold at the peak. Most on that group got in @$20. In at 20 and out at 350 turns $50k into $875k.
A nice chunk, but not $22M

If you spent $50k when it was at its lowest ever and sold at the highest ever, you’re just over 6

[Anonymous]

Anonymous wrote:

Anonymous wrote:Guy who started the reddit post positioned his 50K investment into 22 million.

Lol, not at all. Do the math. It was $4 in September. That’s 12,500 shares. The highest it got was $380.

That’s 4,750,000 IF he got in in Sept and sold at the peak. Most on that group got in @$20. In at 20 and out at 350 turns $50k into $875k.
A nice chunk, but not $22M

If you spent $50k when it was at its lowest ever and sold at the highest ever, you’re just over 6

He bought options.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Guy who started the reddit post positioned his 50K investment into 22 million.

Lol, not at all. Do the math. It was $4 in September. That’s 12,500 shares. The highest it got was $380.

That’s 4,750,000 IF he got in in Sept and sold at the peak. Most on that group got in @$20. In at 20 and out at 350 turns $50k into $875k.
A nice chunk, but not $22M

If you spent $50k when it was at its lowest ever and sold at the highest ever, you’re just over 6[/quot

You must not understand how call options work

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Guy who started the reddit post positioned his 50K investment into 22 million.

Lol, not at all. Do the math. It was $4 in September. That’s 12,500 shares. The highest it got was $380.

That’s 4,750,000 IF he got in in Sept and sold at the peak. Most on that group got in @$20. In at 20 and out at 350 turns $50k into $875k.
A nice chunk, but not $22M

If you spent $50k when it was at its lowest ever and sold at the highest ever, you’re just over 6[/quot

You must not understand how call options work

Options buddy

[Anonymous]

Hope he exercised those calls this thing going back to 5 bucks soon

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Guy who started the reddit post positioned his 50K investment into 22 million.

Lol, not at all. Do the math. It was $4 in September. That’s 12,500 shares. The highest it got was $380.

That’s 4,750,000 IF he got in in Sept and sold at the peak. Most on that group got in @$20. In at 20 and out at 350 turns $50k into $875k.
A nice chunk, but not $22M

If you spent $50k when it was at its lowest ever and sold at the highest ever, you’re just over 6

He bought options.

OTM LEAPS to be precise.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Guy who started the reddit post positioned his 50K investment into 22 million.

Lol, not at all. Do the math. It was $4 in September. That’s 12,500 shares. The highest it got was $380.

That’s 4,750,000 IF he got in in Sept and sold at the peak. Most on that group got in @$20. In at 20 and out at 350 turns $50k into $875k.
A nice chunk, but not $22M

If you spent $50k when it was at its lowest ever and sold at the highest ever, you’re just over 6

He bought options.

Still not mathematically possible.

[Anonymous]

Long article on GME. Underplays HF angle but otherwise good.

https://www.bloomberg.com/news/newsletters/2021-01-26/will-wallstreetbets-face-sec-scrutiny-after-gamestop-rally-kke9fpzq

[Anonymous]

GAMESTOP is the perfect metaphor title for what they did, stoping the rigged game of Wall Street.

[Anonymous]

Sorry if this is a stupid question, but GME is way down now. 270. Is it still going to go up tmw?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Guy who started the reddit post positioned his 50K investment into 22 million.

Lol, not at all. Do the math. It was $4 in September. That’s 12,500 shares. The highest it got was $380.

That’s 4,750,000 IF he got in in Sept and sold at the peak. Most on that group got in @$20. In at 20 and out at 350 turns $50k into $875k.
A nice chunk, but not $22M

If you spent $50k when it was at its lowest ever and sold at the highest ever, you’re just over 6

He bought options.

He was up to $47.9 Million still invested at close today.

[Anonymous]

People will hold, others will sell. Stockholders can request that shares they own outright not be lent out to short-sellers.

If everyone bands together to recall stock borrow, there will be fewer shares available for short sellers, and the short sellers will be forced to cover their bets by buying stock, pushing the price up more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Guy who started the reddit post positioned his 50K investment into 22 million.

Lol, not at all. Do the math. It was $4 in September. That’s 12,500 shares. The highest it got was $380.

That’s 4,750,000 IF he got in in Sept and sold at the peak. Most on that group got in @$20. In at 20 and out at 350 turns $50k into $875k.
A nice chunk, but not $22M

If you spent $50k when it was at its lowest ever and sold at the highest ever, you’re just over 6

He bought options.

He was up to $47.9 Million still invested at close today.

After hours market still on the rise.

[Anonymous]

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?

[Anonymous]

Anonymous wrote:People will hold, others will sell. Stockholders can request that shares they own outright not be lent out to short-sellers.

If everyone bands together to recall stock borrow, there will be fewer shares available for short sellers, and the short sellers will be forced to cover their bets by buying stock, pushing the price up more.

Interesting thought. Stock lending is done on an open basis so both the lender and borrower can close the transaction at any time. Is word out on WSB to call brokerages and to recall the borrow?