Amazing what a lack of full on NYSE enabled price manipulation does.
You'll have to use the app above to check the prices. The price changes aren't showing up in any of my other apps like Fidelity or RobinHood.
Here's to hoping we can crack $80 (All time high price pre-split) today so all hell breaks loose Tues morning.
Speculation based off of a lot of evidence:
It looks like Gamestops announcing a merger or something to that effect either possibly today or tomorrow.
United Bank of Switzerland (UBS) appears to be closing all their short positions out and purchased a absolute shit ton of calls in order to profit when the price goes up to cover the cost of all the short positions they inherited.
If you recall they bought Credit Suisse for $3.2 billion last year. I don't think at the time they realized the naked short positions CS had. I think they worked out a deal with GameStop to unwind it so they can come out of this alive. I think that's probably a significant portion of the reason why GameStop just sold 2 billion dollars worth of stock. UBS was the buyer.
Figures the swiss would decide to get the fuck out first. They get to survive now. (They always seem to have the survival role)
That was the only lifeboat me thinks.
All the other big guys are locked in.
Okay, just wanted to make a few additional anecdotes to your comment Datasinc:
-Gamestop did not just sell 2 billion dollars worth of stock. They sold around $933 million (45 million shares) and it was announced/confirmed on Saturday May 24, 2024. They sold shares previously to pay off debt and the cash at hand was around $1.3 billion. They spent around $200 million and the next filing should show what it was spent on. So with the additional $933 million and the original $1.1. billion (minus the $200 million that was spent), they are now at $2 billion. Just want to clarify for anyone reading.
-There is speculation that it could be UBS covering their positions through buying a shit ton of call options. But one of the issues is that the amount of call options there are is not enough to cover the swaps UBS would owe. There is also speculation that it could be RoaringKitty since the frequency of which the options were bought were mimicking his tweets, in 15-10-5 minute increments.
-Interesting to also note, is that the subreddit r/Superstonk, which has been compromised for some time now, has repeatedly told people to avoid options and has spread the narrative that it is just UBS trying to cover their swaps through call options and for people to remain calm and expect nothing.
On the other hand, X.com, a platform that is supposedly not censored but riddled with bots, follows the narrative that it is indeed RoaringKitty and that an acquisition of Bed Bath and Beyond is in the works.
I do not have much either, from what I've read, everyone only needs one. There was a meme a few years ago that depicted the larger hodlers, standing over, protecting the medium hodlers and same for the medium over the smaller hodlers. We are all in this together, it's about taking down the big man. No cell, no sell.
Yeah this goes more into the detail about the UBS thing I mentioned in my other comment and also brings up the very important CAT system that's already been tested and is being implemented.
Amazing what a lack of full on NYSE enabled price manipulation does.
You'll have to use the app above to check the prices. The price changes aren't showing up in any of my other apps like Fidelity or RobinHood.
Here's to hoping we can crack $80 (All time high price pre-split) today so all hell breaks loose Tues morning.
Speculation based off of a lot of evidence:
It looks like Gamestops announcing a merger or something to that effect either possibly today or tomorrow. United Bank of Switzerland (UBS) appears to be closing all their short positions out and purchased a absolute shit ton of calls in order to profit when the price goes up to cover the cost of all the short positions they inherited. If you recall they bought Credit Suisse for $3.2 billion last year. I don't think at the time they realized the naked short positions CS had. I think they worked out a deal with GameStop to unwind it so they can come out of this alive. I think that's probably a significant portion of the reason why GameStop just sold 2 billion dollars worth of stock. UBS was the buyer. Figures the swiss would decide to get the fuck out first. They get to survive now. (They always seem to have the survival role) That was the only lifeboat me thinks. All the other big guys are locked in.
Okay, just wanted to make a few additional anecdotes to your comment Datasinc:
-Gamestop did not just sell 2 billion dollars worth of stock. They sold around $933 million (45 million shares) and it was announced/confirmed on Saturday May 24, 2024. They sold shares previously to pay off debt and the cash at hand was around $1.3 billion. They spent around $200 million and the next filing should show what it was spent on. So with the additional $933 million and the original $1.1. billion (minus the $200 million that was spent), they are now at $2 billion. Just want to clarify for anyone reading.
-There is speculation that it could be UBS covering their positions through buying a shit ton of call options. But one of the issues is that the amount of call options there are is not enough to cover the swaps UBS would owe. There is also speculation that it could be RoaringKitty since the frequency of which the options were bought were mimicking his tweets, in 15-10-5 minute increments.
-Interesting to also note, is that the subreddit r/Superstonk, which has been compromised for some time now, has repeatedly told people to avoid options and has spread the narrative that it is just UBS trying to cover their swaps through call options and for people to remain calm and expect nothing. On the other hand, X.com, a platform that is supposedly not censored but riddled with bots, follows the narrative that it is indeed RoaringKitty and that an acquisition of Bed Bath and Beyond is in the works.
Yo are you a shill? Lol spreading that ubs narrative based off “a lot of evidence.” Hahaha you’re a shill
I said "speculation" based of of alot of evidence.
My SPECULATION was wrong. The entire community was pretty shocked that DFV had that much to drop on options. Fucking stoked he does.
If I was a shill I'd be saying don't buy GameStop.
Yo are you a retard?
Hahaha you're a retard.
(I can be an asshole for no apparent reason too. I don't know what your problem is but that shit was uncalled for. Do better)
Lmfao “a lot of evidence” and I’m the shill lol
I didn't call you a shill.
I called you a retard because you lack basic reading skills apparently. Or maybe you're just intellectually dishonest.
But I can pretty confidently say you're a piece of shit at this point.
Lmfao stfu shill. “Based off a lot of evidence.” Trying to fuck people over and stop people from investing. You dirty shill fuck. Gtfo of here.
Try using the WHOLE SENTENCE AS A QUOTE "Speculation based off of a lot of evidence:"
That's it. You're done.
Also where the FUCK did you get the STUPID idea that I didn't want people to invest?
I've been encouraging people to invest in GameStop for over 3 years.
Moron.
Lmfao I can read fine. “Based off a lot of evidence.” Like holy shit lmfao trying to claim I can’t read. “BASED OFF A LOT OF EVIDENCE.” You sad soul
Try using the WHOLE SENTENCE AS A QUOTE "Speculation based off of a lot of evidence:"
That's it. You're done.
Again, I'm asking you. What was the evidence? It's fine to speculate. Where was the evidence you based it off of?
Shill boy
There was zero evidence you shilly retard
We're gonna be filthy rich.
I only managed to secure 157 shares. 😞
That's more than enough. Just hold until the squeeze starts and don't paper hand. It's either Valhalla or death.
Who are we looking at for the MOASS call-out? All I've known is HODL.
You'll know when it starts. It going to be chaos.
I'll copypasta what I said in another GME post...
https://greatawakening.win/p/17t1otkbTT/x/c/4ZBIxsw38VF
Better than me... I only have 156 shares. LOL!
Check out this post which might explain this current rise:
https://greatawakening.win/p/17tKeArbLL/gme-did-the-moass-first-domino-j/
by u/FuckNewsom
Yeah this goes more into the detail about the UBS thing I mentioned in my other comment and also brings up the very important CAT system that's already been tested and is being implemented.
I was always expecting the really important action in GME to happen outside NYSE hours when the hedgies can't react with price manipulating trades.
Oh didn't know that.
Thanks fren!
I'll be very surprised if they keep the CAT system implemented.
Danke Schoen, Herr Datasinc!!! In honor of this development, I will buy a G-wagon before Lambo