Reply to The Big Short- Gamestop

Forum Index » Money and Finances

Reply to "The Big Short- Gamestop"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]I track GME, things are percolating now.  "Its a meme" "It will go back to $20"  "Its a Blockbuster vs Netflix"  Wrong/ Wrong/ Absolutely Wrong.  Gamestop at $160, its been over $100 to $150 for 10 weeks. Find a stock with more catalysts on the horizon:  No debt/ Profits increasing/ A company transition is underway. Capital raise stock sale ( usually a negative) already in the companies pocket ( 550 Million)- and the stock price barely flinched.

Other catalysts
1.  New CEO search underway- BTW checkout the "dream team" they have hired, execs from Amazon, Google, others from Chewy. AND many of these people are paid in stock

2.  Activist investor presence- Billionaire Ryan Cohen I am paying a lot more attn to these, activism on their own dime on a mission with over 90M of their own money on the table stating things like "I am here to drive shareholder value"  Remember Elon Musk doing battle with the shorts?  Yea these guys are wired like that.

3. Old board members replaced. New board members incentivized by getting paid in stock

4. Share voting!  Huge they will have the data on the vote totals to prove Wall St malfeasance like Naked Shorting

5. Huge short interest!  All the measurements and reporting "melvin capital we covered our short"  its all hogwash.  All the big shorts did was hide their position using deep ITM calls and puts.  Things spill out from time to time near the settlement dates making the real numbers look more accurate  ( LOOKOUT MAY 14!!)

6.  The SEC- Gary Gensler no friend of GME but he interestingly was sworn in on a Saturday a few weeks ago?  Ok somethings up here.  Read about the new regs aka rules they want to put in place to prevent contagion.  Many rules that are either on the table ready for implementation or just weeks away from getting placed will expose the short sellers and we might just see a fireworks show aka the real squeeze

7. Institutional ownership is also still strong Blackrock owns 8 or 9M shares

8. Annual meeting coming up, Share recall? Dividend?  Crypto announcement?  ALL death nails for the shorts they are about to get trucked.  Archegos Capital lost 20B in two days..Get ready for more headlines like that. Hedge funds will go belly up the SEC knows this and that is why they are upping capital requirements and positioning member firms where they can poach these defaulting firms assets when they default.

There are Hedge funds that are short 10M shares what happens to GME stock when those are covered? "sure shortie we can sell you 1 share at $200,,these others might get a little pricey how much money you got? What price will they be covered at when there are margin calls on these hedgies?  GME did less than 3M in volume on Friday..calm before the storm? Wait for 200M short shares covered .RUT ROH Raggy..thats a lotta $$

Getchor Popcorn Ready

[/quote]

Good luck bagholder [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics