Great, well we're crossing the Delaware and holding the market accountable, you go be "your own man" somewhere far away and preferably stay there.
This isn't a "hey, interesting stock tip for you", this is an opportunity that requires solidarity to work with a strong political and social undercurrent that you really ought to be on board of. It's like if we had a way to hold the election fraudsters to account but we need everyone and some dude says great, I'll be over here sticking my thumb up my ass because it looks like it might have slightly better returns, or I would prefer to get on the ground floor of a future battle not jump in the middle as reinforcements.
Shameful behavior I'm seeing and hearing out of a lot of you, and I have to chalk it up to profound boomer ignorance of what's actually going on and what's at stake because the only alternative is just so much worse.
You're not that savvy lol
Exactly, it's glorious
So you can either market trade, which means "GIVE ME STONK AT WHATEVER PRICE" They place an order, it's filled, and depending on fluctuations it may be slightly higher or lower than it currently shows.
But I think TD defaults to a limit trade, which means, "TOO HIGH, I ONLY PAY X" you set the maximum price you'll pay for the stock, and if fluctuations send the price higher by the time someone looks to fulfill your order it will just sit there in limbo. You might even miss out completely if the stock is rising at the time.
You have the option to do either
I am at your service
The more they manipulate, the more I like this stock. It's a nice stock.
Rational actors would sell off once the short sell begins. They'd see 2x, 3x, 4x gains as it takes days of constant buying to cover those 140% positions.
But rathional actors already sold off. They sold at $40, at $100, at $200 and $300. They sold to irrational actors that just like the stock. Who aren't going to sell at reasonable returns. Who might sell 10% of their position once it 10x's then hold the remaining 90% for eternity, holding it still after it 100x's because they are happy to have it burn to the ground in a week if it means watching the system implode in the process.
No one can say how high it will go, which is why they are so afraid. The hedge goes bankrupt and their financial obligation is passed to their brokerage, and if they go bankrupt it passes to their bank. Someone, somewhere is on the hook for this.
*This is not financial advice, I am an indoor pheasant rancher and eat my own boogers.
No they didn't. You wouldn't still have 140% shorted if they did.
But don't feel bad, those are the tricks they do to manipulate markets and herd retail investors like us all the time.
*Also, none of this is financial advice. I am not your money manger, I live in an up turned wine barrel and jack off to passing strangers
I don't know. I get that info second hand from wsb and biz
The worst case scenario is they cheat so openly and immensely to save their buddies that there's no going back and the whole centralized fiat system grinds to a halt. Totally worth the price of Admission. Buy GME.
It is, but that doesn't mean it's Q
Q didn't locate the HWNDU flag, and Q didn't point wsb or biz at GS
"Guys we're storming Versailles!"
"Actually, I'm just gonna break some shop windows and loot my local jeweler"
uh... well... ok then, you do you I guess
I don't buy it because it's been in the works on wsb for a long while. People starved for something to happen to prove hope isn't lost are latching onto anything.
But just because Q and the like aren't behind it doesn't mean the fucked up system they are fighting against isn't vulnerable to other uninvolved actors similarly aligned whether they realize it or not.
So here we are.
This feels far more like fishing.
If "30 days" can mean literally anything it isn't a prediction. Of course something is going to happen in 30 days.
How can you call it a short squeeze then define it like it's just a price bubble?
We aren't talking about a few outstanding shorts. They shorted 140% of all available stocks. It's going to take days to buy back their obligation. No one is going to miss the window that doesn't want to. And plenty of the bagholders will simply be those who refused to sell out of principle - Those who sold 10% of their holdings to cover their initial buys and are happy to let the rest burn to the ground. People with tens of thousands of shares who bought in early who have watched things get very personal. The yolo wsb'ers who never claimed to be smart and will get more joy cutting off Jamie Lanister's sword arm than for all the gold in Casterly Rock.
This is a genuine happening my friend.
This isn't a bubble, this is a short squeeze.
In a bubble people can look at the price and decide "fuck that, I 'aint buying at that price it's over valued" so the strop price drops as more people sell than buy
In a short squeeze people holding shorts are required to buy them at market price. They can't not buy, they have to. And we aren't talking a few shares they have to buy and then it's over gee I hope you sold when you could later bois.
No, they short sold 140% of available stocks. Maybe close to a hundred million shares they are REQUIRED to buy at market price, whatever that market price is. And to buy, someone has to be willing to sell. It will tkae them literal days to purchase all the stock they are required to, and as they do so the price of the stock will explode. Not 10x, maybe not even 100x depending on how much of a dick the holders are in refusing to sell.
And we're pissed.
If the hedge can't afford to buy the stocks, the brokerage is required to, and if the brokerage can't, their bank must. The game is rigged so the rich always win and get their money... only this time it's the people playing the role of the rich.
Get it now?
And yes it is rigged, they are literally pulling out illegal shenanigans to try and stop this. The hedge is sending out disinfo to manipulate the market, tRobinhood and their broker Citadel (who bailed out the hedges to the tune of $3b) just delisted GME, made it so you could sell but not buy, and were selling people's positions without consent)
This is real, you're in a happening.
Their anal rape just got 100nm deeper!!
Current penetration is 10s of billions of nmeters!
It's not the reset they want though.
If faith in the financial institutes they control is lost, they lose the avenue to control the destiny of the reset. If people all moved to credit unions and crypto, we'd have a great reset, but it would be away from old money and communism and into the great utopia of meritocracy. This is not part of their plan, not what they want, and they are currently engaging in out in the open naked illegality for all to see trying to stop it.
This dude is doing their part
Nothing unless their 401k is specifically invested in a single hedgefund rather than properly divirsified. GME represents a tiny tiny fraction of overall market exposure.
But on the other hand, there are ripple effects.
-
Other funds which have similar plays now feel at risk and are 'correcting' by getting out of a lot of their positions. This will create volatility which is insider speak for shit bro I don't know shit is gonna be weird for a bit
-
Insiders are now using dirty illegal plays to try and cover themselves. Robinhood delisted GME (can't do that) made it so you can sell but not buy (can't do that) sold some people's positions without their consent (can't do that). Illegal fuckery is about. That's exposing the rigged system for what it is, and it will kill confidence in access to the market, which kills confidence in the market.
2b) Prepare for possible OWS 2.0
TLDR their investments are secure, but a dip is very likely in the short term
*this is not financial advice, I seldom shower and don't own pants
When I understand option trading enough to explain it properly I may revisit this chain. Don't feel bad, this shit is INTENTIONALLY obscured behind insider vocabulary to keep people like you from understanding it enough to participate.
They define thing self referentially to keep people out. ie a put is a short, wait what's a short? Well a short is a put.
If you think being a boomer has anything to do with age, you're definitely a boomer