GameStop episode 4: A new Hope of stonks
- Thread starter Tenchi Ryu
- Start date
Oh they been F500
Jack Don the G
What am I? A farmer?
Dont buy any other stocks. Its just the hedge found guys trying to take the focus of Gamestop.
Read that they havnt closed their options yet so opened my own Ortex account and 85%!!!! of gamestops stocks are still SHORTS. They want the stock to go down. But if people hold they will have to start buying back stock very soon. Open your own Ortex account and see for your self. Global Financial Analytics - Short Interest - Trading Signals - Index Rebalance - ORTEX
Read this if you are intressent. Someone explains it better then me.
is the squeeze squoze yet?
And from reddit:
"Please read!!! This text will be the most important piece that you’ll see today!!!
They didn’t exit any of their short positions! You can look it up!!! The fund sold their shares to other funds, which made the stock algorithm think the stock is being sold —> price goes down —> the found that bought sells those shares again to the fund that sold them in the first place —> price drops even more —> they keep doing that —> price drops lower every time —> but as long as we hold they weren’t able to exit any positions!!! Shorts are still up 120% percent. As long as we hold the squeeze is inevitable!! And if you don’t believe me, look at the GME after hour stock price!
Furthermore don’t sell at 1000$ tomorrow or next week!!! It can be way fukking higher! I‘m talking about numbers around 10/20k per share! Compared to the VW squeeze in 2008 GME would need to be valued at 34000$ per share!!!
READ THIS!!!! COPIED IT FROM A WISE REDDITOR!!!
EVERYBODY READ THIS! Important!
Since it got removed: When do we sell? A quick guide for GME Army. (SECRET TO DIAMOND HAND )
When do we sell? A quick guide for GME Army. (SECRET TO DIAMOND HAND )
Too much disinformation about when to sell. I'm tired of seeing people paper handing GME when it drops by 20%, or saying to sell Friday (BTW DO NOT fukkING SELL FRIDAY OR I WILL COME OVER THERE AND DO STUFF TO YOU!) so here is the DEFINITIVE guide on how to play the ending.
First, we need to understand what is "Days to Cover" or "Short Ratio" .
Official definition:
• Days to cover, also called short ratio, measures the expected number of days to close out a company's issued shares that have been shorted. • Days to cover is calculated by taking the number of currently shorted shares and dividing that amount by the average daily trading volume for the company in question. • A high 'days to cover' ratio can often signal a potential short squeeze.
Dumbed down version:
• imagine you're Melvin Capital and you have 1 million dildos up your ass. How long will it take to get all those dildos out of your ass? If the volume of dildo removing is 1 per day, then it'll take 1 million days to remove 1 million dildos up your ass. If it's 50,000 dildos a day, then it's 20 days. • Same thing with covering short positions. How long will it take Melvin Capital and other shorters to cover their short positions? You take alllll the shorted shares, divided by the average volume of share movement per day, and you get something called "Days to Cover"
Now you know what day's to cover means, you can check many websites to see what is the days to cover for GME.
So you can see, even if Melvin Capital wants to cover their shorts, it's gonna take them DAYS, and right now it's gonna take them an entire trading week to cover their position.
So what does that mean for us?
Well, we're just waiting for the day when Melvin Capital starts covering their position. When is that day? VERY fukkING SOON. They're are bleeding out of their ass with the insane interest rate they're paying for their position, and a lot of puts are expiring on Friday, plus a lot of ITM (in the money) calls expire Friday and can be exercised to get shares.
Friday might be the day where Melvin Capital have no choice BUT to start covering.
Now, IF this happens, then it's not gonna take Melvin Capital 1 hour to cover all their shorts, but DAYS. Meaning if Melvin capital starts covering FRIDAY, it will take them at LEAST 5 DAYS to fully cover, which means ALL of next week, the price will keep increasing and increasing! So realistically I'd say Weds or Thurs next week might be peak sell time, IF the covering starts Friday. No need to panic sell. No need to worry about a top that lasts for minutes. It will LAST FOR DAYS!!!!!
Now, CNBC and all of the MM's and corrupt media will fool you into thinking Melvin Capital has already covered their shorts or some other bullshyt, but don't believe it. It takes DAYS to do so!
The only numbers you should be looking at is the short ratio. If it's getting smaller, then the squeeze has begun. If it's still at fukking 138-140% like it is now, NOTHING EVEN HAPPENED YET.
We're at fukking $250 after hours and the shorts still haven't begun to cover yet! Imagine when they do? $1000 is actually a very low estimate, and is no longer a meme number. If we all play it right and hold while shorts cover, we can literally squeeze this to infinity as they try to cover.
TL:DR = ACTUALLY fukkING READ IT AND HOLD MOTHER fukkERS HOOOOLLLDDDD. WE'RE ROBBING WALLSTREET TOGETHER!!!!!"
I didnt write this. Im just a stupid retard that never traded in my life. Dont listen to anything or any other stupid redditor says. This is not any type of advice. I just like the stock.
Read that they havnt closed their options yet so opened my own Ortex account and 85%!!!! of gamestops stocks are still SHORTS. They want the stock to go down. But if people hold they will have to start buying back stock very soon. Open your own Ortex account and see for your self. Global Financial Analytics - Short Interest - Trading Signals - Index Rebalance - ORTEX
Read this if you are intressent. Someone explains it better then me.
is the squeeze squoze yet?
And from reddit:
"Please read!!! This text will be the most important piece that you’ll see today!!!
They didn’t exit any of their short positions! You can look it up!!! The fund sold their shares to other funds, which made the stock algorithm think the stock is being sold —> price goes down —> the found that bought sells those shares again to the fund that sold them in the first place —> price drops even more —> they keep doing that —> price drops lower every time —> but as long as we hold they weren’t able to exit any positions!!! Shorts are still up 120% percent. As long as we hold the squeeze is inevitable!! And if you don’t believe me, look at the GME after hour stock price!
Furthermore don’t sell at 1000$ tomorrow or next week!!! It can be way fukking higher! I‘m talking about numbers around 10/20k per share! Compared to the VW squeeze in 2008 GME would need to be valued at 34000$ per share!!!
READ THIS!!!! COPIED IT FROM A WISE REDDITOR!!!
EVERYBODY READ THIS! Important!
Since it got removed: When do we sell? A quick guide for GME Army. (SECRET TO DIAMOND HAND )
When do we sell? A quick guide for GME Army. (SECRET TO DIAMOND HAND )
Too much disinformation about when to sell. I'm tired of seeing people paper handing GME when it drops by 20%, or saying to sell Friday (BTW DO NOT fukkING SELL FRIDAY OR I WILL COME OVER THERE AND DO STUFF TO YOU!) so here is the DEFINITIVE guide on how to play the ending.
First, we need to understand what is "Days to Cover" or "Short Ratio" .
Official definition:
• Days to cover, also called short ratio, measures the expected number of days to close out a company's issued shares that have been shorted. • Days to cover is calculated by taking the number of currently shorted shares and dividing that amount by the average daily trading volume for the company in question. • A high 'days to cover' ratio can often signal a potential short squeeze.
Dumbed down version:
• imagine you're Melvin Capital and you have 1 million dildos up your ass. How long will it take to get all those dildos out of your ass? If the volume of dildo removing is 1 per day, then it'll take 1 million days to remove 1 million dildos up your ass. If it's 50,000 dildos a day, then it's 20 days. • Same thing with covering short positions. How long will it take Melvin Capital and other shorters to cover their short positions? You take alllll the shorted shares, divided by the average volume of share movement per day, and you get something called "Days to Cover"
Now you know what day's to cover means, you can check many websites to see what is the days to cover for GME.
So you can see, even if Melvin Capital wants to cover their shorts, it's gonna take them DAYS, and right now it's gonna take them an entire trading week to cover their position.
So what does that mean for us?
Well, we're just waiting for the day when Melvin Capital starts covering their position. When is that day? VERY fukkING SOON. They're are bleeding out of their ass with the insane interest rate they're paying for their position, and a lot of puts are expiring on Friday, plus a lot of ITM (in the money) calls expire Friday and can be exercised to get shares.
Friday might be the day where Melvin Capital have no choice BUT to start covering.
Now, IF this happens, then it's not gonna take Melvin Capital 1 hour to cover all their shorts, but DAYS. Meaning if Melvin capital starts covering FRIDAY, it will take them at LEAST 5 DAYS to fully cover, which means ALL of next week, the price will keep increasing and increasing! So realistically I'd say Weds or Thurs next week might be peak sell time, IF the covering starts Friday. No need to panic sell. No need to worry about a top that lasts for minutes. It will LAST FOR DAYS!!!!!
Now, CNBC and all of the MM's and corrupt media will fool you into thinking Melvin Capital has already covered their shorts or some other bullshyt, but don't believe it. It takes DAYS to do so!
The only numbers you should be looking at is the short ratio. If it's getting smaller, then the squeeze has begun. If it's still at fukking 138-140% like it is now, NOTHING EVEN HAPPENED YET.
We're at fukking $250 after hours and the shorts still haven't begun to cover yet! Imagine when they do? $1000 is actually a very low estimate, and is no longer a meme number. If we all play it right and hold while shorts cover, we can literally squeeze this to infinity as they try to cover.
TL:DR = ACTUALLY fukkING READ IT AND HOLD MOTHER fukkERS HOOOOLLLDDDD. WE'RE ROBBING WALLSTREET TOGETHER!!!!!"
I didnt write this. Im just a stupid retard that never traded in my life. Dont listen to anything or any other stupid redditor says. This is not any type of advice. I just like the stock.
Ima keep my eye on this, I’m rooting for them dudes and any of y’all dat are in on GME for real
The Realist Perspective
Superstar
It's going to fukking explode tomorrow. 
I'm even debating if I should throw more in. I'm trying to come out this bytch 200k
I'm even debating if I should throw more in. I'm trying to come out this bytch 200k
ShadowBroker
Born of the Night
cant wait to change my username to DMNDHND
Yessirrr!
Animal House
Superstar
So should I dump 500 into this? Let me know brehs!!
ORDER_66
The Fire Rises 2023
Jack Don the G
What am I? A farmer?
Are you willing to lose it all? Are you willing to hold even if you are down 60%?
There are a lot of risk. The hedge fond can go bankrupt and maybe not be able to pay off everything they owe. Then the stock is kind of useless. Things will get crazy, thats all I know. But also read what me and others posted. If people dont sell and they hold they will make a lot of money while giving wall street the finger. Who the fukk knows.
Thurgood Thurston III
#LLNB #LLLB #E4R | woooK nypdK
Thanks I was really wondering what he thought about all this
Animal House
Superstar
Yeah I doDo you have access to it???