They are scared of GameStop. CNBC: "But, did turn a profit, SADLY. Stocks up big". WTAF? Since when has the media been sad that a once failing business makes a profit? This is something a financial terrorist would say. (files.catbox.moe)
posted ago by queue-anon ago by queue-anon +255 / -0
Where's that Kramer guy to tell me how bad it is to HODL gamestop stonk?
He actually reported positively on GME today. WTF?
He seemed very upset to have to report this.
He does sometimes revise his view after the fact and after it would be helpful to anyone. He actually apologised for pushing FTX so hard, after everyone who invested already lost their money.
We can expect the Cramer Curse to take full effect. I'm hoping we get back to $40 or even better would be MOASS.
I think that GME will go up further today and there will be halts to control the rise and for the insiders to position themselves.
Where should I go to know when to sell when it happens? Or will y'all make posts here?
Do not sell unless the price looks like a phone number. Follow superstonk, do not have paper hands, but rather hold, hold, hold. Hedge funds have to cover shorts and it’s going to go sky high.
Don’t sell until market fraudsters are jailed. No cell, no sell.
And if you do start selling, only sell one or a few shares at a time. Doing so will drive the price up higher and give you more time to evaluate the direction the stock is going.
Let these prick hedge funds suffer.
And don't be afraid to buy more once the share price drops. GameStop is going to be around for a long time.
Thank you! :)
I don't really know much about stocks so just wanna make sure I understand, are you saying anyone who holds GME stock should continue to hold until 1 stock of GME is worth multiple hundreds of thousands of dollars?
Like I said I have no idea about how stocks work, all I know is some greedy finance guys shorted GME years ago and the expectation is once they're forced to revert the shorts and pay up, the price will skyrocket
But GME peak over the last 5 years is ~$60, can we really expect it to go to $1,000+, let alone $100,000+?
I own GME but I had always thought if it made it to $500 I would instantly cash out, I just don't see how it can go beyond a few thousand at the absolute peak, I'm probably misunderstanding something though, so I apologize in advance.
Edit: just found the SuperStonks reddit page, and now i'm really confused... people are saying GME went to $150+, which I do remember now that it's mentioned, but on the GME stock page for the last 5 years, peak value shows at ~$60, I am so confused now haha
It was up in the $340s maybe higher if others recall. Did a 4-for-1 stock split last Summer so that always messes up the charts I believe.
I’m not the expert either, what will help is to try reading the superstonk page daily and also look for you tube for GameStop videos. There’s also a library for GameStop that will help you understand some of the stuff going on. It’s important to directly register your stock, called DRS. Here’s the library link: https://fliphtml5.com/bookcase/kosyg
As someone who bought in during the sneeze, intraday trading topped about 480, but premarket the day the buy button was removed was over 580. The post split numbers are 120 and 145 respectively.
To answer poorly your question as to how we get to phone numbers, going purely on volume, the stonk is shorted about 10x since the sneeze, so a squeeze WILL happen. And I'm specifically saying sneeze and not squeeze, because the numbers from the congressional report show that institutions were only 3% of the buy orders during the sneeze of Jan '21.
If you want more, here's the DD library. The works of ATObit, Peruvian_Bull, Criand, and most importantly, the late, great BluPrince, are where you should start.
Oh and, GOOGOL. PER. SHARE.
The reason it didn't continue going up is because Robinhood shut off the buy button. That gave them time stop the squeeze.
Everyone left Robinhood and are buying directly from computershare or other larger brokerages and DRSing those to computershare.
Also holding a few in the brokerages just for fun, so when they force sell my shares early during MOASs I can sue them.
Do you really think its likely brokerages would force sell your shares? My understanding is technically they could but my gut tells me the good guys are behind moass and I find it hard to believe they would allow that kind of shit to transpire. I am holding across multiple brokerages as well and some for the pool of course
I do and I don't. On one hand, I understand the precipice has to occur, which means pissing off a lot of people and showing how corrupt hedge funds, the SEC and brokerages are. But also I understand that WHs are behind this and want to bankrupt hedge funds and everything having to do with Wall St.
The chairman himself said to DRS our shares. But I expect fuckery in some way by brokerages because they answer to their overlords. Or possibly government interfering and settling on a price per share to "prevent economic collapse" ? I really don't know what's going to happen I guess.
But it's no coincidence Game Stop is a WH operation. The timing is too perfect.
Yes, that is exactly what people are saying. You only sell when you like the number you see, not when you double your investment.
I will sell when I can pay off my house, my parents house, and buy a house for my sister and pay the capital gains off in one share.
That's your own decision. The price could conceivably go very high.
Here's reddit superstonk
https://www.reddit.com/r/superstonk the daily comments thread is tho top one usually.
Thank you! :)
I'd just visit superstonk every day to get a feel for how things will go. No one is going to tell you when to sell though, unless it's a shill.
I bought and direct registered a few shares and fully expected to lose all my money. But then I see things like this and I gives me a glimmer of hope.
Don’t forget to Book.
What do you mean by book? Pls let me know, because I haven’t done anything since registering them.
Credit to superstonk for this video
Thanks for posting this clip, it does indeed show that they are scared of this stock. Hedgefunds and banks that have sold billions of shares of this stock short, hoping to buy it back at a lower price must be panicking. A GME profit in the fourth quarter is the last thing they needed - the price is going up when they need it to go down.
I'm ready for DWAC to follow suit. Seems that it'll sputter along until President Trump resumes his presidency - if it ever truly ended - and the merger goes through in June. Prayers up . . .
They are manipulating DWAC as well.
No doubt . . . Looking forward to a solid reckoning soon.
Every stock, AMC is even more egregious!
AMCs fundamentals and future cash flow are god awful compared to GME.
As much as I love GME that factually isn't true. GME set up a failed NFT platform and they aren't even turning a profit.
AMC has had successful movie after successful movie premiere, their popcorn is selling out massively, and they made record profits in Q1.
“but did turn a profit, sadly, stock’s up big” huh? These people are idiots. Put that loser Andrew Ross Sorkin on I wanna see what he has to say about GME! Of course everyone says his full name whenever they address him, like a toddler, and his wife’s name is Pilar Jenny Queen, doesn’t take his last name, par for the course for the libs. Follow the money. They super rich. He yells at people to vax, mask.
The trading volume is pretty high.
People are buying and selling.
I guess the hedgies are trying hard to suppress the price
avg volume per day 4 million, currently 26 million and it's just after 10 in the morning.
40 million! tendie time soon!
Should not be surprising....wall street/hedgies own these scumbags. Them saying this shit should only solidfy your decision to buy and hodl more...
Bastards. If only there was a way they could hear themselves talk ...
The media continues to destroy themselves and their credibility. It's hilarious. Like why would financial media be biased against a stock? Lol. They hate GME as much as they hate Trump.
to the moon - I'm holding my certificates at home - will never sell
Hedgies r fuk.
Also wow, blue/yellow. So original. Funny that I've NEVER liked that color combination, since childhood