GameStop episode 4: A new Hope of stonks

[staticshock]

Can someone break down this whole situation for me

 

[Chrome2279]

Looks like AMC and SNDL, NOK, NAKD are next on the list.

fixed - starting at market open tomorrow

 

[Mr Rager]

These white boys in reddit randomly talking about how they made 100 thousand dollars are are regular people.


I want fukking in

Keep in mind reddit is 90% cap just like the coli...don't buy all the hype

 

[Chrome2279]

lol this shyt got international

14 billy lost and counting

More will be lost tomorrow.. the plan is to hold till Friday when all their short calls become due and the lose even more... that’s what I’ve been reading. Expect tomorrow to be a red day and all the stops being pulled. Expect Friday to make a lot of regular people rich.

this is playing out like a movie brehs!

 

[Swirv]

Hedge funds with shytty toxic and expensive shorts in their hands:

Basic ass investors catching a stimulus package size lick

They don’t like when the wealth transfer is in reverse

 

[Afro]

Can someone break down this whole situation for me

Rich hedge fund dudes were buying and selling imaginary stocks from Gamestop to inflate the stock price.

Common folks found out about it and started buying up real stocks.

Hedge fund dudes got scared and started to buy stocks for real.

Price is now out of control and the hedge fund dudes are in a bind, because they have to cover the imaginary stocks at the inflated value.

Reddit is holding, squeezing out stock and keeping the price up.

The government is watching close and other Hedge fund dudes are freaking out and calling for regulation because they lost over $14 billion dollars in a week.

And here we are

 

[Ozymandeas]

Can someone break down this whole situation for me

Hedge fund borrowed more stocks than there were available. This would’ve been fine if GameStop’s stock went unnoticed and kept going down in value as they could’ve returned the shares over time. But....Retail investors (i.e. regular people) realized this and bought up as many shares as they could The hedge fund now doesn’t have the shares they need, can’t get the shares they need without buying them back from the retail investors at a huge markup, they keep trying to scare the retail investors into selling for a loss by trying to manipulate the share price but people aren’t biting and everyday that goes by it increases the costs the hedge fund has to pay....massive amounts of money in interest charges....which brings them back to eventually having to pay the price retail investors want to end the nightmare

 

[SleezyBigSlim]

Brehs sitting back and eating while these cacs take the fall

 

[Afro]

fixed - starting at market open tomorrow

2021 is the year of the peasants

 

[Afro]

Hedge fund borrowed more stocks than there were available. This would’ve been fine if GameStop’s stock went unnoticed and kept going down in value as they could’ve returned the shares over time. But....Retail investors (i.e. regular people) realized this and bought up as many shares as they could The hedge fund now doesn’t have the shares they need, can’t get the shares they need without buying them back from the retail investors at a huge markup, they keep trying to scare the retail investors into selling for a loss by trying to manipulate the share price but people aren’t biting and everyday that goes by it increases the costs the hedge fund has to pay....massive amounts of money in interest charges....which brings them back to eventually having to pay the price retail investors want to end the nightmare

We definitely aren't getting another stim pack for a long minute now

 

[ORDER_66]

I wanna do a call this morning but each one is 100 shares I aint got enough to cover it if it goes wrong... shyt i might just buy and hold...

 

[philmonroe]

I wanna do a call this morning but each one is 100 shares I aint got enough to cover it if it goes wrong... shyt i might just buy and hold...

Learn about stocks/options and stop trying to ride the fukking wave on some fomo shyt. If you cop an option the most you can lose is the premium aka what you paid for the 100 shares. So if you have enough to cop the option you have enough to "cover" if it goes wrong since you can't and I repeat can't lose more than the premium you paid for the option. If you pay 100 for an option that's the most you can lose.

 

[Ozymandeas]

We definitely aren't getting another stim pack for a long minute now

We done took numerous L’s over the past ten years or so. The 2008 Recession. Student loan crisis. Increasing wealth inequality. Trump being elected. Billions in tax cuts for the rich while we got $600. Covid pandemic. Second Recession due to Covid pandemic. All those L’s. And they can’t take one. Three hedge funds lost money because retail investors made a move hedge funds make everyday and they ready to rewrite laws

 

[SAINT]

This video explains it pretty well

 

[ORDER_66]

Learn about stocks/options and stop trying to ride the fukking wave on some fomo shyt. If you cop an option the most you can lose is the premium aka what you paid for the 100 shares. So if you have enough to cop the option you have enough to "cover" if it goes wrong since you can't and I repeat can't lose more than the premium you paid for the option. If you pay 100 for an option that's the most you can lose.

That's the thing I'm checking the app and the calls are all at 100 shares... you can't modify...unless you buying the contract... I mean if I can't cover the buy wont i lose money? I'll be in the hole breh...