Pretty sure I saw some article saying one share could be worth 24 million a few days ago? Meh. Lot of crayon eating and math involved. Love math. And crayons. I don’t care if it’s worth $0. Never selling.
It’s one thing to have a share be “valued” at $1m. It’s another to have a buyer (Citadel) for that share... it’s highly unlikely. reminds me of when the price of crude went negative for a hot minute or so. Nobody paid anyone to give oil away. If anything GameStop may work out a deal with Citadel where they split shares or dedicate new shares exclusively to Citadel. Illegal? Idk... but fucked up nonetheless
Nobody is ever forced to do anything these days... look at when this whole GME thing started. Peoples shares were being liquidated against their will at major losses because Citadel came on TV and was literally crying about what’s going on. Then we saw that everyone other than us retail investors sided with Citadel
A firm like this would most likely file bankruptcy and restructure before you received anything near a ridiculous asking price, although some may get lucky
Being forced to hold oil (storage) vs I’ll give it away to for free, rather ill pay you to take it are 2 different things. If that was the case, you’d see virtually free gasoline just to move it. But the lowest I saw gasoline was like $1.35/gal or so. Far from negative (pay me to fuel up my car)
I oversimplified, people were being paid to hold/store the oil by the people that had the oil. The people that had the oil were able to profit more by holding the oil short term (and incurring an expense in storing it) and selling it once the market came back. So, no people were not paying others to take their oil, that would be silly, but they were paying others to store it.
All good, Im just making sure the details were correct. Futures went negative, midstream held out for that extreme short term and bit the bullet by paying facilities to store it longer, although upstream or mid would never give it away for free, let alone pay a civilian to just come and take it.
Every dollar I spent on my GME shares was done to kick the hedgies squarely in the nuts, happily knowing that I may never see any portion of those dollars back. How often can you take part in slapping a titanic juggernaut, and better yet, making it bleed? Like converting your dollars into stones for David to sling at Goliath...
I am very happy to report that this investment (in vengance) has paid off many times over in pure satisfaction. The rush from watching the system squirm is better than pure, 100% Grade-A Hopium. I am so happy to play my part (however infintesimal) in making those bloated leeches (who are a major cog in the systematic corruption of our great, dearly loved Country) pay out of every orifice ... repeatedly.
I really don't care about exiting, if ever. As long as I continue to help bring the [PAIN], it's worth every red cent. And it's so hilarious that Wall Street just can't take the loss. They keep coming back again and again, continuing to try to hide what they've done, burning more and more of their resources.
Not financial advice ...it's better: Patriotic Advice. If you have a couple extra bucks that won't be missed, throw them into the arena (at the next dip) to take a turn at kicking the bloated Traitors while they are down. Think of it as buying a box of Financial Ammunition, and taking pot shots at the Traitorous Wall Street system. Investing to inflict [PAIN], not profit; their corruption of the system wasn't designed for this approach (much like Dominion). Makes you wonder how many shares Gen. Flynn (and GEOTUS) own ...
You see Fidelity Management is at the top of that list.
I have a 401k with Fidelity with around 100K in it, do you suggest I transfer that shit out as quick as I can?
I don't know a lot about this finance stuff, I'm not sure if Fidelity was one of the companies that were shorting Game Stop and I don't know if its a risk to stay with Fidelity. Anyone got any answers?
If the market takes a crap on this, like we're all thinking will happen, and the market crashes, your 401k will be just as worthless as th fiat currency it's backed by. So, what's the difference between cashing out now, hoarding your moolah, maybe buying essentials with it that you'll need, or using that cash to buy precious metals?
The shareholders there are "real," not shorting funds. Those who play the short game are borrowing stocks from those that actually own them, most of the time without explicit permission from the owners. Anyway, Fidelity owns real stock, which would take them to the moon too, unless they've also sunk loans into Citadel and friends.
Well I had a small amount in a Fidelity account, but it was my mom’s retirement that was split between my siblings & I a few years ago after she passed away. After the election & with Xiden in “office”, I asked our tax lady if I should take it out before end of year (2020) because of not knowing what will happen, and she said “yes take it out!” She said she was telling everyone that asked her the same thing. I had fidelity take out 20% for fed taxes before sending me the check. I don’t know anything about the stock market, so I didn’t want to take any chances.
It's a good thing. The stock market is totally fixed. The people in control issue counterfeit shares to drive the price of stocks up or down. In GameStop's case, they have sold synthetic shares to drive the price down. Some estimate the fake shares sold to be in the hundreds of millions when only 70 million total shares should exist.
The post above is a step towards correcting the illegal activity. If the hedge funds are forced to buy all the shares they illegally sold, then the $GME stock price skyrockets until they get the shares they need. The seller of the shares determine the price at this point. If everyone HOLDS, the price could make everyone millionaires and some billionaires. It would possibly be the greatest redistribution of wealth in world history while ending the corruption that rigs the stock market.
Now this is the way. Millions per share or bust bois.
I have NO IDEA what that means. But the last time Reddit got involved in the stock market. Billionaires became hundredaires.
It amazes me how Redditors can still accomplish shit like this, yet be completely smooth brained when it comes to the MSM.
I think GME might finally their redpill on the MSM.
Smooth brains: "the news lied to us about the hedge funds covering their shorts."
Me: "any other lies?"
Smooth brains: "nah. Just about GME."
Me: "You're. So. Close."
Idiot Savants?? ^^^ LOL on the Smooth Brains!
It is a matter of who you're polling with such a question. By your logic, the WSB boys and girls are trannies and sissies too.
Then thee are people with a single brain focus. Smart in one area, on other areas, totally stupid.
I have two shares, will that make me a millionaire??
You'll either be a millionaire, or have a really expensive banana on your hands. Either way, you win!
Pretty sure I saw some article saying one share could be worth 24 million a few days ago? Meh. Lot of crayon eating and math involved. Love math. And crayons. I don’t care if it’s worth $0. Never selling.
Lol, I think I’d be selling if one share went that high?
It’s one thing to have a share be “valued” at $1m. It’s another to have a buyer (Citadel) for that share... it’s highly unlikely. reminds me of when the price of crude went negative for a hot minute or so. Nobody paid anyone to give oil away. If anything GameStop may work out a deal with Citadel where they split shares or dedicate new shares exclusively to Citadel. Illegal? Idk... but fucked up nonetheless
Except in this scenario, Citadel is forced to buy. If it goes to a million, they must cover and have to pay the million.
It would be more beneficial for GameStop to not work out a deal, but who knows?
Nobody is ever forced to do anything these days... look at when this whole GME thing started. Peoples shares were being liquidated against their will at major losses because Citadel came on TV and was literally crying about what’s going on. Then we saw that everyone other than us retail investors sided with Citadel
A firm like this would most likely file bankruptcy and restructure before you received anything near a ridiculous asking price, although some may get lucky
Except people were getting paid to hold oil when prices went negative...
Being forced to hold oil (storage) vs I’ll give it away to for free, rather ill pay you to take it are 2 different things. If that was the case, you’d see virtually free gasoline just to move it. But the lowest I saw gasoline was like $1.35/gal or so. Far from negative (pay me to fuel up my car)
I oversimplified, people were being paid to hold/store the oil by the people that had the oil. The people that had the oil were able to profit more by holding the oil short term (and incurring an expense in storing it) and selling it once the market came back. So, no people were not paying others to take their oil, that would be silly, but they were paying others to store it.
All good, Im just making sure the details were correct. Futures went negative, midstream held out for that extreme short term and bit the bullet by paying facilities to store it longer, although upstream or mid would never give it away for free, let alone pay a civilian to just come and take it.
Wow..... it's going to be an interesting week.
Oooooh ooooh Ahhh Ahhhhh!
HODL the rocket is set!
Apes stick together, million dollar sell orders in and ready
Every dollar I spent on my GME shares was done to kick the hedgies squarely in the nuts, happily knowing that I may never see any portion of those dollars back. How often can you take part in slapping a titanic juggernaut, and better yet, making it bleed? Like converting your dollars into stones for David to sling at Goliath...
I am very happy to report that this investment (in vengance) has paid off many times over in pure satisfaction. The rush from watching the system squirm is better than pure, 100% Grade-A Hopium. I am so happy to play my part (however infintesimal) in making those bloated leeches (who are a major cog in the systematic corruption of our great, dearly loved Country) pay out of every orifice ... repeatedly.
I really don't care about exiting, if ever. As long as I continue to help bring the [PAIN], it's worth every red cent. And it's so hilarious that Wall Street just can't take the loss. They keep coming back again and again, continuing to try to hide what they've done, burning more and more of their resources.
Not financial advice ...it's better: Patriotic Advice. If you have a couple extra bucks that won't be missed, throw them into the arena (at the next dip) to take a turn at kicking the bloated Traitors while they are down. Think of it as buying a box of Financial Ammunition, and taking pot shots at the Traitorous Wall Street system. Investing to inflict [PAIN], not profit; their corruption of the system wasn't designed for this approach (much like Dominion). Makes you wonder how many shares Gen. Flynn (and GEOTUS) own ...
Plus, I just f**king love the stock.
Oooohhh baby, daddy needs a new house!
Here is a link to game stop site with a list of share holders. https://news.gamestop.com/stock-information/institutional-ownership
You see Fidelity Management is at the top of that list.
I have a 401k with Fidelity with around 100K in it, do you suggest I transfer that shit out as quick as I can?
I don't know a lot about this finance stuff, I'm not sure if Fidelity was one of the companies that were shorting Game Stop and I don't know if its a risk to stay with Fidelity. Anyone got any answers?
I put my 401k into all cash a few weeks ago
What if the currency takes a shit? With all this government spending your money will be depreciated through inflation at minimum.
It's a risk I'm willing to take. When the market tanks I'll put it back into top stocks by market cap and ride the wave back up with cheap shares.
If the market takes a crap on this, like we're all thinking will happen, and the market crashes, your 401k will be just as worthless as th fiat currency it's backed by. So, what's the difference between cashing out now, hoarding your moolah, maybe buying essentials with it that you'll need, or using that cash to buy precious metals?
The shareholders there are "real," not shorting funds. Those who play the short game are borrowing stocks from those that actually own them, most of the time without explicit permission from the owners. Anyway, Fidelity owns real stock, which would take them to the moon too, unless they've also sunk loans into Citadel and friends.
Well I had a small amount in a Fidelity account, but it was my mom’s retirement that was split between my siblings & I a few years ago after she passed away. After the election & with Xiden in “office”, I asked our tax lady if I should take it out before end of year (2020) because of not knowing what will happen, and she said “yes take it out!” She said she was telling everyone that asked her the same thing. I had fidelity take out 20% for fed taxes before sending me the check. I don’t know anything about the stock market, so I didn’t want to take any chances.
I don’t know anything about the stock market, is this a good thing?
It's a good thing. The stock market is totally fixed. The people in control issue counterfeit shares to drive the price of stocks up or down. In GameStop's case, they have sold synthetic shares to drive the price down. Some estimate the fake shares sold to be in the hundreds of millions when only 70 million total shares should exist.
The post above is a step towards correcting the illegal activity. If the hedge funds are forced to buy all the shares they illegally sold, then the $GME stock price skyrockets until they get the shares they need. The seller of the shares determine the price at this point. If everyone HOLDS, the price could make everyone millionaires and some billionaires. It would possibly be the greatest redistribution of wealth in world history while ending the corruption that rigs the stock market.
If I wanted to learn more about the GME stocks & learn about the stock market, can you recommend a good site to look into?
https://greatawakening.win/p/12i48hiksK/how-gamestop-happened-naked-shor/c/
Link to a video I cant recommend highly enough. It explains it all in layman terms & is actually entertaining as far as financial analysis goes.
Now I get it & tomorrow Im buying GME :)
Thanks Qanaut :)
https://www.reddit.com/r/GME/comments/lj1wqv/a_comprehensive_compilation_of_all_due_diligence/
https://www.reddit.com/r/Superstonk
https://wsbets.win/
There's only 2 things you need to know:
Any single stock will eventually be $0.
However, index funds will grow on the scale of decades.
If those big index funds go to $0 we have bigger problems than things like money or food.
https://greatawakening.win/p/12i48hiksK/how-gamestop-happened-naked-shor/c/
Link to a video I cant recommend highly enough. It explains it all in layman terms & is actually entertaining as far as financial analysis goes.
Now I get it & tomorrow Im buying GME :)
Thanks Qanaut :)