IBKR (as a stock) is following the macro market moves. GME is negative Beta (and has been since December), so its moves do not correlate with the market, and often run opposite to the market (Beta nearing -1).
Now IBKR as a broker is primarily a Level 2 or Prime broker. They've only recently opened up retail operations. That gives them a "ten thousand foot" view of what's going on, plus the ability to leverage / aggregate / find shares at other brokers, and they publish the data for all to see. That's why stonk-o-tracker uses them to show borrowed shares, but it does not mean that a newly borrowed share is being short sold; it's also not all the available shares to loan.
I'm pretty sure the vast majority of those shares borrowed and returned daily are being used in wash sales to drive short ladder attacks and depress the price so they don't get margin called.
I don't disagree with your finding. Pain is coming. I just don't see a meaningful correlation here, let alone causation. IBKR is a transport mechanism- they're not the Buyer or Seller, Pledgee or Pledgor.
FWIW, I do think Buffett is long GME. Doesn't make him any less of an evil fucking douchebag.
kek... BRK.A is the most elitist of the elites' stocks out there. I hope it tanks.
(ELI5: It's the most expensive stock in the world at ~$420K per share. NASDAQ needed to update their software a few weeks ago because it exceeded a maximum value in the exchange's software.
Normally a company does a stock split when it gets big to attract more investors, but Buffett won't do it- to keep "the riff raff" out.)
I wish, but I see a different set of circumstances kicking in. In short, the money printer go brrrr and we end up with more inflation. The MSM will herald the Fed as our savior since a hedge fund went rogue and all these "meme stock reddit daytraders" crashed the market.
I honestly believe the only way we end the Fed is by consitutional convention and we take the money printer away- whether that means giving it back to the Treasury or NESARA / return to a bimetallic standard.
No, I believe the fed is getting sucked into this with the Reverse Repo stuff and Trump creating a law that made the Fed part of the US Treasury. Honestly, this all seems like an elaborate setup to bring down the entire system. HODL and see!
Every day I go to bed and say a little prayer that will happen. I don't claim to know all the factors that need to be calculated in to become reality, but it's pretty clear to me the Fed / ECB / BoE are the incarnations of evil.
The inverse relationship means that, most likely, the whole financial world is working together to fucj all of us, but it's failing, so they are all losing money. When GME shoots up. Everything else plummets. Why? Because the hedge funds are trying to cover their losses through all the other stocks and indexes. They are losing billions and are scared shitless.
Because Gamestop was in a position where if they didn't pivot, they would fail. All the hedge funds and big name investors didn't see how Gamestop could continue to exist in a digital world, so they used options to "short" GME, which means the lower GME goes, the more money they make. What they did though, was short over 100% of the stocks...that's illegal because that means they were forcing gamestop to go bankrupt, which would make HFs millions. This was picked up on by smart retail investors who spread the word. We all bought and continue to hold GME to make the price go up, which means HFs lose money.
Options have time limits, so the HFs keep re-shorting in hopes we sell. But we aren't selling...so they keep re-ahorting... this is just costing them more and more money. They are getting money from people like Warren Buffet to cover for them. But we still aren't selling. These people are fucked.
Amazing. I hear the others unrelated to gme, like amc and crap, are just distractions. I want to start investing in something but am worried I might just be inadvertently h elping them.
You won't be helping them by buying. If you're new to investing, please don't get involved in the meme stocks unless you are willing to lose it. When the cork pops on the meme stocks, you need to be paying attention because the price movement will happen fast! So unless you are willing to deal with that, don't invest in those. If you have 200$ you don't mind potentially losing, buy GME. Buying those stocks only helps the cause.
I want to help out but I'm kind of struggling, myself. Also worried about inflation. It's why I was looking into btc or even dogecoin but, yeah. Don't want to fk up.
I wish I could talk to you instead of type... please for the love of all that is holy, do NOT buy Doge. It has unlimited supply and has no real use because it's a MEME. Do notisten to anyone telling you to buy Doge, especially if you're worried about inflation, because Doge was touted by Mark Cuban as the best alternative to bitcoin since it "has unlimited supply and its inflation rate can be controlled." He said that, for real. Please don't. BTC, yes. ETH, yes. Those have real security and real use.
If you go into stocks, it sounds like you should do indexes or ETFs and not individual stocks. I don't mean this in any bad way, but you sound very ignorant of stocks and how money works, so I think you should stick to larger funds and not company stocks until you familiarize yourself with the markets and how they move and react to news, etc. For example, I know the tech markets well and actively keep up to date on all tech news and project the current news to years or months ahead so I can act now to make money in the future. You have to do that to be successful. Now, at the moment, the market is VERT FRAGILE, so I actually think (not financial advice), money is better spent in holding BTC and ETH. When GME pops, the whole market goes.
Yes, only buy GME of your willing to lose it to fuck the cabal.
Nvidia stock is doing a 4 to 1 split on July 20th, I would suggest getting in when this happens, it's been a very rewarding stock over the past three years and as a company they are poised to keep growing.
When the cork pops on the meme stocks, you need to be paying attention because the price movement will happen fast!
Please excuse my utter retardedness, but I've invested $1000 now in 5 shares of GME, and although I'm willing to theoretically lose it all for just a chance of sticking it to the System, honestly I'd rather make an extremely healthy profit in the process.
However, my retardedness leaves me unsure of when I'm supposed to sell. When does the "cork pop"? I don't mean time, I mean price. Would it be less retarded of me to set a limit sell at a certain threshold, and if so, what? What is the signal to sell? What is the "cork pop"?
Look at this graph from the 2008 VW short squeeze. GME will be much higher, bit also, I suspect, much shorter in duration. That means the signal will be very short and you must be ready to sell when the price jumps. It could last longer than I think, but in my experience, it will be even shorter than 2008. You just need to pay attention.
The "cork pop" is when the Hedge Funds have no choice but to cover their options. That is when they have no choice but to pay up because they not only ran out of their own money, but they also ran out of everyone else's money who is bailing them out.when that happens, all of us (GME holders) will make bank.
Yep. Can't see a downside to silver, so I don't expect to actually lose anything.
GME stock is a complete crapshoot and I'm prepared to lose the money for the greater cause. And, the possibility is greater than zero that I could make life-changing money and help some people.
The silver is the backup, and I don't see a way to lose money.
Of course, this is not financial advice. Except, take physical delivery of silver. I like APMEX.
No buying GME is the smartest decision you can do right now. It also got a negativ beta of -23 so if a market crash happen it will do the opposite meaning it will go up.
Its basically a hedge against massive volatility
Also by buying GME you are fucking the crocks at wallstreet who has been stealing from the American people for decades
This ??...sure, everyone invested in GME wants to go to the moon, but the movement is more about watching the hedge fund billionaires who make a shit load of money ruining people’s lives squirm, bitch and cry while they get beat at their own game.
Im not a financial advisor and can't offer financial advice but if it were my money I would only invest in GME. You are correct in my opinion for assuming that AMC is a distraction.
Looks like the arse about to drop out of it IF it breaks through support at 210.
How is that descending trendline even a point of resistance? There's nothing touching it!
I think you're reading way too much into this.
IBKR (as a stock) is following the macro market moves. GME is negative Beta (and has been since December), so its moves do not correlate with the market, and often run opposite to the market (Beta nearing -1).
Now IBKR as a broker is primarily a Level 2 or Prime broker. They've only recently opened up retail operations. That gives them a "ten thousand foot" view of what's going on, plus the ability to leverage / aggregate / find shares at other brokers, and they publish the data for all to see. That's why stonk-o-tracker uses them to show borrowed shares, but it does not mean that a newly borrowed share is being short sold; it's also not all the available shares to loan.
I'm pretty sure the vast majority of those shares borrowed and returned daily are being used in wash sales to drive short ladder attacks and depress the price so they don't get margin called.
I don't disagree with your finding. Pain is coming. I just don't see a meaningful correlation here, let alone causation. IBKR is a transport mechanism- they're not the Buyer or Seller, Pledgee or Pledgor.
FWIW, I do think Buffett is long GME. Doesn't make him any less of an evil fucking douchebag.
kek... BRK.A is the most elitist of the elites' stocks out there. I hope it tanks.
(ELI5: It's the most expensive stock in the world at ~$420K per share. NASDAQ needed to update their software a few weeks ago because it exceeded a maximum value in the exchange's software.
Normally a company does a stock split when it gets big to attract more investors, but Buffett won't do it- to keep "the riff raff" out.)
I believe this has the potential to bring down the Fed.
Which was probably by design to begin with... Hmmm
I wish, but I see a different set of circumstances kicking in. In short, the money printer go brrrr and we end up with more inflation. The MSM will herald the Fed as our savior since a hedge fund went rogue and all these "meme stock reddit daytraders" crashed the market.
I honestly believe the only way we end the Fed is by consitutional convention and we take the money printer away- whether that means giving it back to the Treasury or NESARA / return to a bimetallic standard.
No, I believe the fed is getting sucked into this with the Reverse Repo stuff and Trump creating a law that made the Fed part of the US Treasury. Honestly, this all seems like an elaborate setup to bring down the entire system. HODL and see!
Every day I go to bed and say a little prayer that will happen. I don't claim to know all the factors that need to be calculated in to become reality, but it's pretty clear to me the Fed / ECB / BoE are the incarnations of evil.
I dont understand this at all. Can someone give a quick summary?
The inverse relationship means that, most likely, the whole financial world is working together to fucj all of us, but it's failing, so they are all losing money. When GME shoots up. Everything else plummets. Why? Because the hedge funds are trying to cover their losses through all the other stocks and indexes. They are losing billions and are scared shitless.
What I don't understand is why gme of all things?
Because Gamestop was in a position where if they didn't pivot, they would fail. All the hedge funds and big name investors didn't see how Gamestop could continue to exist in a digital world, so they used options to "short" GME, which means the lower GME goes, the more money they make. What they did though, was short over 100% of the stocks...that's illegal because that means they were forcing gamestop to go bankrupt, which would make HFs millions. This was picked up on by smart retail investors who spread the word. We all bought and continue to hold GME to make the price go up, which means HFs lose money.
Options have time limits, so the HFs keep re-shorting in hopes we sell. But we aren't selling...so they keep re-ahorting... this is just costing them more and more money. They are getting money from people like Warren Buffet to cover for them. But we still aren't selling. These people are fucked.
Amazing. I hear the others unrelated to gme, like amc and crap, are just distractions. I want to start investing in something but am worried I might just be inadvertently h elping them.
You won't be helping them by buying. If you're new to investing, please don't get involved in the meme stocks unless you are willing to lose it. When the cork pops on the meme stocks, you need to be paying attention because the price movement will happen fast! So unless you are willing to deal with that, don't invest in those. If you have 200$ you don't mind potentially losing, buy GME. Buying those stocks only helps the cause.
I want to help out but I'm kind of struggling, myself. Also worried about inflation. It's why I was looking into btc or even dogecoin but, yeah. Don't want to fk up.
I wish I could talk to you instead of type... please for the love of all that is holy, do NOT buy Doge. It has unlimited supply and has no real use because it's a MEME. Do notisten to anyone telling you to buy Doge, especially if you're worried about inflation, because Doge was touted by Mark Cuban as the best alternative to bitcoin since it "has unlimited supply and its inflation rate can be controlled." He said that, for real. Please don't. BTC, yes. ETH, yes. Those have real security and real use.
If you go into stocks, it sounds like you should do indexes or ETFs and not individual stocks. I don't mean this in any bad way, but you sound very ignorant of stocks and how money works, so I think you should stick to larger funds and not company stocks until you familiarize yourself with the markets and how they move and react to news, etc. For example, I know the tech markets well and actively keep up to date on all tech news and project the current news to years or months ahead so I can act now to make money in the future. You have to do that to be successful. Now, at the moment, the market is VERT FRAGILE, so I actually think (not financial advice), money is better spent in holding BTC and ETH. When GME pops, the whole market goes.
Buying GME would be a hedge against inflation because if you have cash in a "savings" account, it loses value as inflation goes up.
Yes, only buy GME of your willing to lose it to fuck the cabal.
Nvidia stock is doing a 4 to 1 split on July 20th, I would suggest getting in when this happens, it's been a very rewarding stock over the past three years and as a company they are poised to keep growing.
Please excuse my utter retardedness, but I've invested $1000 now in 5 shares of GME, and although I'm willing to theoretically lose it all for just a chance of sticking it to the System, honestly I'd rather make an extremely healthy profit in the process.
However, my retardedness leaves me unsure of when I'm supposed to sell. When does the "cork pop"? I don't mean time, I mean price. Would it be less retarded of me to set a limit sell at a certain threshold, and if so, what? What is the signal to sell? What is the "cork pop"?
Look at this graph from the 2008 VW short squeeze. GME will be much higher, bit also, I suspect, much shorter in duration. That means the signal will be very short and you must be ready to sell when the price jumps. It could last longer than I think, but in my experience, it will be even shorter than 2008. You just need to pay attention.
The "cork pop" is when the Hedge Funds have no choice but to cover their options. That is when they have no choice but to pay up because they not only ran out of their own money, but they also ran out of everyone else's money who is bailing them out.when that happens, all of us (GME holders) will make bank.
Silver.
Yep. Can't see a downside to silver, so I don't expect to actually lose anything.
GME stock is a complete crapshoot and I'm prepared to lose the money for the greater cause. And, the possibility is greater than zero that I could make life-changing money and help some people.
The silver is the backup, and I don't see a way to lose money.
Of course, this is not financial advice. Except, take physical delivery of silver. I like APMEX.
I think PSLV is the next-best thing to physical, but I'm just a baby retarded ape, so I could be wrong.
Silver...wtf, that was a ruse to get people off the gme train.
Correct, Citadel and friends has tried many pump and dumb schemes to get people of GME including Silver,Weed,Rockets
Btw their weed campaign was really successful in Greece,Italy and Spain
Of course it was those countries lmao
No buying GME is the smartest decision you can do right now. It also got a negativ beta of -23 so if a market crash happen it will do the opposite meaning it will go up.
Its basically a hedge against massive volatility
Also by buying GME you are fucking the crocks at wallstreet who has been stealing from the American people for decades
This ??...sure, everyone invested in GME wants to go to the moon, but the movement is more about watching the hedge fund billionaires who make a shit load of money ruining people’s lives squirm, bitch and cry while they get beat at their own game.
Correct payback from 2008!
It's not about making money. It's about sending a message. A message filled with cute little green frogs.
Good explanation. Naked shorting - absolutely criminal. They should all go to jail.
Nice write-up!
yeah, that's what they said, it'll be good if retail covered at least 10%, you need thank white hat's infinite money
GAME [STOP] game over....plus the hedge funds decided to get greedy and short it 170%
Interesting. Wish I knew more. Always too afraid of accidentally doing the wrong thing so I never really bothered.
Im not a financial advisor and can't offer financial advice but if it were my money I would only invest in GME. You are correct in my opinion for assuming that AMC is a distraction.
Think I'll do it when I get the money. FOR THE CAUSE.
Just buy 1 or 2 when the MOASS happen you could make a fuckton of money
Most likely much more than 170% at this point.
Basically, the lines go weeeeeee.
Money doesnt appear and disappear. It only changes hands. From ours to theirs usually.
and the other times, it’s illegal
i seen a write up on "short everything". Everything is shorted.
They shorted everything before the covid hit.
And then it all went back up.
Looks like the arse about to drop out of it IF it breaks through support at 210. How is that descending trendline even a point of resistance? There's nothing touching it!