Gamestop

[Anonymous]

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?

Not seeing treasury stock on their B/S.

Am guessing GME strongly on the side of Robinhooders not the HFs that were trying to drive it to BK.

[Anonymous]

There will be 200000 call contracts that will be ITM on Friday that need to cover. I will just be watching on the sidelines with my popcorn

[Anonymous]

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.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a novice and don't plan to get involved, but I think I'm understanding the story .... Won't some of the reddit folks lose their shirts when the value corrects? Or is that bet that, if enough of them agree to stay in (not cash out), then the value stays up? That's the part I'm not following.

Yes, now you see the idiocy in this entire thread.

No. This is a very sophomoric explanation.

Hedge fund a-holes shorted the stock ... they only make money if it goes down and they expect it to go down. They “promise” to buy it, they plan to buy it low.

The Reddit geeks bought the stock and drove up the stock. The hedge fund a-holes had to buy high, geeks sold off to hedge fund a-holes.

I'm the first PP and I've been reading a bit more from links on this thread (thanks). So to answer my question about risk to the Redditors ... the plan is for the Redditors to sell to the Wall Street folks who shorted the stock (because they have to buy) and nobody is out money? This makes sense if there are more WS buyers than actual shares, which is what I've read.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a novice and don't plan to get involved, but I think I'm understanding the story .... Won't some of the reddit folks lose their shirts when the value corrects? Or is that bet that, if enough of them agree to stay in (not cash out), then the value stays up? That's the part I'm not following.

Yes, now you see the idiocy in this entire thread.

No. This is a very sophomoric explanation.

Hedge fund a-holes shorted the stock ... they only make money if it goes down and they expect it to go down. They “promise” to buy it, they plan to buy it low.

The Reddit geeks bought the stock and drove up the stock. The hedge fund a-holes had to buy high, geeks sold off to hedge fund a-holes.

I'm the first PP and I've been reading a bit more from links on this thread (thanks). So to answer my question about risk to the Redditors ... the plan is for the Redditors to sell to the Wall Street folks who shorted the stock (because they have to buy) and nobody is out money? This makes sense if there are more WS buyers than actual shares, which is what I've read.

PP again, by "nobody out money" I of course mean the Redditors, not the hedge funds which are obviously out some money.

[Anonymous]

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

The Gamestop corporate slogan is "Power to the Player". So perfect.

[Anonymous]

WSB up again after an hour or so shutdown.

https://www.reddit.com/r/wallstreetbets/

[Anonymous]

do not be surprised if GME hits 800 -1000 this week or next, I still hold 2000 shares bought in the teens. There are guys on the reddit who havent sold. A true mother of all squeezes only finishes off with a huge run up swoosh at the end. this friday? I dunno. options expire, end of month.. we roll diamon d hands on this joint. GETCHOR POPCORN READY!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a novice and don't plan to get involved, but I think I'm understanding the story .... Won't some of the reddit folks lose their shirts when the value corrects? Or is that bet that, if enough of them agree to stay in (not cash out), then the value stays up? That's the part I'm not following.

Yes, now you see the idiocy in this entire thread.

No. This is a very sophomoric explanation.

Hedge fund a-holes shorted the stock ... they only make money if it goes down and they expect it to go down. They “promise” to buy it, they plan to buy it low.

The Reddit geeks bought the stock and drove up the stock. The hedge fund a-holes had to buy high, geeks sold off to hedge fund a-holes.

I'm the first PP and I've been reading a bit more from links on this thread (thanks). So to answer my question about risk to the Redditors ... the plan is for the Redditors to sell to the Wall Street folks who shorted the stock (because they have to buy) and nobody is out money? This makes sense if there are more WS buyers than actual shares, which is what I've read.

PP again, by "nobody out money" I of course mean the Redditors, not the hedge funds which are obviously out some money.

Maybe not, maybe so. Bloomberg article posted does a good job of explaining that even if they are out money, they are not out sticking it to the short sellers, so all good. it was fun while it lasted.

[Anonymous]

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

The elitsts are using dirty tricks. E-Trade and Schwab have now banned their 'customers' from trading AMC and GME. They're also now trying to bring down WSB. It's discord was pulled. It went private on Reddit.


This absolutely means elitists are scared the 99% has figured out how to win. There seems to be powerful forces trying to block people from trading and now they're trying to shut up the outlet because it is providing information on how to win. The fat cats are scared.

What are we? North Korea now banning people from making free choices on their stock picks and using their God given right to free speech to talk about stocks? WSB must be doing something right. Funds can play manipulation games and have made untold sums of money for decades doing the same crap, yet it is all of a sudden a problem now when the tables are turned and the middle class starts winning.

The price may be dipping because they're trying to take away our freedom of speech and ability to trade the security . Ridiculous.

[Anonymous]

Anonymous wrote:There will be 200000 call contracts that will be ITM on Friday that need to cover. I will just be watching on the sidelines with my popcorn

LOL me too!

[Anonymous]

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!

[Anonymous]

Anonymous wrote:There will be 200000 call contracts that will be ITM on Friday that need to cover. I will just be watching on the sidelines with my popcorn

Yup, and multiply that by 100 FYI lay people. That's how many shares must be held/bought. Massive gamma squeeze on Friday.

[Anonymous]

Anonymous wrote:There will be 200000 call contracts that will be ITM on Friday that need to cover. I will just be watching on the sidelines with my popcorn

I'll be there with you. And my popcorn.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a novice and don't plan to get involved, but I think I'm understanding the story .... Won't some of the reddit folks lose their shirts when the value corrects? Or is that bet that, if enough of them agree to stay in (not cash out), then the value stays up? That's the part I'm not following.

Yes, now you see the idiocy in this entire thread.

No. This is a very sophomoric explanation.

Hedge fund a-holes shorted the stock ... they only make money if it goes down and they expect it to go down. They “promise” to buy it, they plan to buy it low.

The Reddit geeks bought the stock and drove up the stock. The hedge fund a-holes had to buy high, geeks sold off to hedge fund a-holes.

I'm the first PP and I've been reading a bit more from links on this thread (thanks). So to answer my question about risk to the Redditors ... the plan is for the Redditors to sell to the Wall Street folks who shorted the stock (because they have to buy) and nobody is out money? This makes sense if there are more WS buyers than actual shares, which is what I've read.

The hedge fund dudes lost $10B today alone.