Gamestop's stock soaring

merklman

merklman

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Master Teacher said:
Appear right about what
Stock went up 220 I was right

see your exposing, you was a butt hurt fakkit running mouth about something you know nothing about

The guy I responded was saying gamestop is a failing business and he's right

but microsoft could use that data from them in future endeavors, its the only thing of use gamestop would have for them

Yall fakkits is insecure because you can't match my intellect and always try to turn everything agrument

you just the one trying to be right not me

The same guy even said he brought the stock when he tried to say it was a pointless thing to do
so who's the clown lmao

Like I said, you have no clue what you're talking about

The stock price is up is because people are buying the stock, you dumb ass
that's the only way a stock can go up is if people buy it

Reason people are buying it now is because they saw the game

it had that drop a few days ago because people cashed out and sold their shares, and a new crop of buyers came in buying up shares so you saw it rise again
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Companies SP can re-rate on fundamentals too
 
Michael's Black Son

Michael's Black Son

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KushSkywalker said:
Is there real long term value speculated on Gamestop?

Or is this carefully curated Reddit FOMO that's essentially feeding itself?
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would've love to jump on this shyt but I legit have no idea what's driving this shyt. And Elon is playing games with these fukkboys because these cats are going to lose alot of money when it starts to fall off of a cliff.

But kudos to the whales who gobbled up a ton of shares and will eat very well
 
B

bnew

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Michael's Black Son said:
would've love to jump on this shyt but I legit have no idea what's driving this shyt. And Elon is playing games with these fukkboys because these cats are going to lose alot of money when it starts to fall off of a cliff.

But kudos to the whales who gobbled up a ton of shares and will eat very well
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comment from yahoo finance GME board

Let me explain one more time for everyone. This stock is in a infinite short/gamma squeeze with no way out until you get enough sellers at a certain price. It's a loop that only occurs once in a lifetime, and after this new guidelines will be written. So follow along. there is a float of 47 million shares. Cohen bought 13% and had the option of 20% which the float hasn't been adjusted. so lets say he owns 14 million shares because shares outstanding 70 million. Ok so the float is 34 million and this is the number to base everything off. The total shares short when last listed were 70 million. Then you have 2 million CALLS deep IN THE MONEY this is important. The 2 million CALLS represent 200 million shares and if the float is only 34 million then the CALL sellers are net short 166 million followed by the other 70 million shares which gets you at 236 million shares net short. So it's like a spring coil every time the stock goes up the CALL sellers need to delta hedge or buy shares to off set their CALLS, but they can't because really only 34 million available shares. So the stock goes up, CALL buyers buy even more shares, shorts cover some because price rockets. Then the price goes really high the longs decide to sell to lock in some gains causing the stock to go back down, but then when it drops the shorts start covering more causing it to go back up and the CALL Sellers are still way off on the delta hedge. This spring is in a infinite loop causing it to go higher and higher. The only way out because there is not enough shares to buy, is for the price to rise to such a level that people sell in mass. This won't stop until 3 things happen, and all three will cause the price so much higher than right now. 1st they can't short this and they need to cover in mass. 2nd they need to buy back these CALLS in mass and I mean maybe 200K total CALLS outstanding. 3rd they need to drop the short float to like 10-12 million or 30% or below. Lastly they need so many sellers and I mean like millions of people selling. The only way this stops is if everything comes to fruition, but the price is going to be SO much higher than now for these to happen. Gamestop could spit in everyone face when they walk in the door and it's won't matter because this stock is stuck in this insane loop
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BigMoneyGrip

BigMoneyGrip

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dtownreppin214 said:
It was $4 in August, it touched $73 today...nearly 2,000% return.





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Play the stock market like GTA V brehs
 
winb83

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ORDER_66 said:
:wow: im saying tho... That's plenty of fukk you im retiring on an warm island somewwhere money...:heh: go into work no fukks given for my last day...like...:mjlit:
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I’d that a million of that and buy almost 6k in Johnson and Johnson shares and just bank the $20K a year in dividend payments. I’d take $700K and buy me a house and a Tesla model Y or X. The rest I’d have $300K in savings and put the last million in bonds. Between the paid house and car the dividend payments and the money in the bank I’d be set for life.
 
Hersh

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did i read properly? can people late to the party still make some money?
 
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