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.
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