Lurker > GoriIIa

ROB is pretty cool!

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f*** dean spanos

thanks for the reply @MrFaceDude ! is there a consolidated website with guides/explanations of each characters' playstyle?

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f*** dean spanos

my friends whopped me at this game

how do i get good and figure out which character i use?

i think i have mediocre/subpar fundamentals; played a lot of ssbm competitively (mained jigglypuff though, lol) so i'm aware of like fastfalling aerials, baiting, and similar.

i kind of like palutena but not committed. feel like roy/chrom are like marth in melee so i might like them a lot. i'd like to play a top tier.

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f*** dean spanos

Compsognathus posted...

What sort of weird ass trading was he doing that caused him to lose $85k on a $50k investment?

Probably included unrealized gains in the loss.

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f*** dean spanos

WingsOfGood posted...

Oof I should gave bought 1 more at $100, but heh it can still dip to 80 today

I would be weary. I'm not entirely certain that the NYSE isn't in cahoots with the hedge funds. This could mean that the shorts are covered already and they don't need to short attack anymore? Dunno.

We'll see tomorrow.

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f*** dean spanos

WTF that 10K

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f*** dean spanos

https://www.nyse.com/markets/nyse-arca/notices

Restriction on shorts tomorrow for GME. No more ladder attacks tomorrow. I assume this halt is gonna be the biggest attack from them.

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f*** dean spanos

how high does the dead cat bounce

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f*** dean spanos

This is a young mans game.

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f*** dean spanos

What in the hell

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f*** dean spanos

I was prepared to lose it. Thanks for the ride, friends.

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f*** dean spanos

Refreshing non-WSB post.
https://www.reddit.com/r/stocks/comments/laln2m/gme_short_squeeze_what_comes_next/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

If shorts have covered, and there is no more fear of losses then why are they still trying to drive the price down, shift attention to Silver, and having the media run amuck with countless baseless claims?

However I disagree with nobody has sold their GME - unless its all FUD, I see tweets about panic selling to cut losses. I also know Chamath had sold his position - the celebs showing support are all probably out by now.

Im holding because I still have hope (see: stubborn). But whats with all the FUD and doomsday posts everywhere if the stock is dead?

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f*** dean spanos

I can't watch! Haha


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f*** dean spanos

I dont give a fuck anymore. Not like I have a choice. Holding until February 9th!

Bracing for impact!!!!!

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f*** dean spanos

BlameAnesthesia posted...

Look at it this way. Imagine 100 shares of a company exist. a hedge fund borrowed 140 shares they didn't actually own, and immediate sold them to drive price down. They hoped that they could buy back 140 at lower prices to pocket the difference in profit.

Instead people bought those 140, and hold them, which makes them scarce. This drives price up. The ones who sold the 140 initially are paying interest on that bet every single day. They already lost 6 billion on their bet and they're worth 12.5 billion, plus got a cash injection of 2.1 billion from another hedge fund.

When/if they give up, they will have to buy those 140 shares at any price. It's simple supply/demand.

Now the question is this. The weeks leading up to this has shown consistent short interest in excess of 100% (i.e. they're on the hook for borrowed shares that need to be bought back for more than the total amount of shares in existence).

Mainstream media lately has been reporting that they closed their position, but this implies they bought on the order of 50-75 million shares. If you look at the volume the week prior before brokers were limiting buying of stock, daily trades were a magnitude higher than they were this week with all the manipulation.

They aren't officially required to report the short interest until Feb 9th. Everything else is speculation. But at the same time, media was reporting that reddit was jumping on a bunch of other "pump and dump" stock, when any idiot with a brain could see none of the other options were in a similar position of being shorted in excess of 100%. And if you've been following the conversation on WSB, absolutely no genuine user was pushing silver, or whatever the media was saying today.

Whether it's worth it to hold? No one can answer for you. If this squeezes, it's a theoretically infinite cap. No one knows what that will mean. They've already blatantly manipulated the market and so so so desperately want people to sell. If they truly covered their position, they wouldn't necessarily want to advertise that. So why are they spending so much effort to tell you this?

Last week had a dip to 120 before stabilizing back to the 300s. No one has a crystal ball, but yes there is reason to hold if you believe the underlying short squeeze premise.

Some logical optimism when things seemed bleak. Fingers crossed for us! From today until Feb 9th, we'll be antsy.

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f*** dean spanos

BlameAnesthesia posted...

My take on the whole short squeeze.

Capital gains losses can be written off. I don't really trade. I only put in small play money, which can be written off if it completely tanks.

I've been following this for a few months now and really things only got fucky when it hit mainstream. Otherwise the underlying DD was solid. And nothing has changed on that premise. Every day shorts lose millions and millions. Biggest HF involved already down 50%. It's a battle of attrition. Even with today's losses, they still lose. It costs nothing to hold. And I can write off if people lose steam and give up.

If retail or institutional longs give up and sell out now--it becomes a pump and dump with lots of bag holders.

If retail and institutional longs continue holding, a squeeze will still happen with HFs being the entirety of bag holders with everyone else having days of insane gains to cash out.

For what it's worth, it's interesting seeing information on WSB from like days prior only to percolate up to mainsteam, but the way it's reported is muddying the waters. It's the first real-time hand I've seen of true manipulation of narrative. Which makes me want to hold all the more.

Today's trades were extremely low volume. Look at the candle bar graphs, not the line graph and price. Most trades were even 100 of stock down to multiple decimal points of cents. This tells me shorts are artificially trading counterfeit shares to drive price down. No one holding actual shares is actually selling, except maybe small hyper bandwagoners who are just playing this like a pump and dump and spook easily.

Either this makes history or it doesn't, and the small entrance fee is worth the ride. And either a squeeze comes, or it doesn't, and by Feb 9th we'll know actual short interest numbers to see if the media lied about melvin covering their position (which seems unlikely they somehow picked up 50-75 million shares over the weekend somehow, lol).

Not financial advice, just my incoherent ramblings.

@BlameAnesthesia What's with that Feb 9th date?

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f*** dean spanos

YOLO!

haha

Today was probably the deciding day on whether you cut your losses or want to hold for the next week. Reddit is going to keep pumping you up to think everything is fine, just hold. The news is going to keep dumping you down to think everything is over, time to sell. It's only gonna stress you out.

If anyone else is still holding I say just stop monitoring everything except maybe this
https://isthesqueezesquoze.com/

Good luck and see you on the other side!

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f*** dean spanos

Tyranthraxus posted...

Because they're getting played simple as that. They're refreshing shorts at 300+ highs. The low volume of trading makes it easy for them to ladder against each other to drive down the price. Then they exercise options and do other things to get the stock back to cover their shorts. Yes it takes longer and yes they're still losing money but they're losing a lot less money than they would by covering shorts at $300 per share.

The gains made from refreshing shorts help offset the losses as well.

Anyone who thinks they're going to squeeze GME to $10,000 is drowning in kool aid at this point.

This is the part I'm not really understanding - what other things are they doing to cover their shorts? I get that they can refresh their shorts at $300+ and make some of their losses back but how are they covering their shorts without paying for the stock? And how will they buy the stock if everyone is holding?

I don't think this stock will hit $1000 either. I can buy that the stock hit $470 last week and that's when they covered some of their shorts (hence the short float % going down) but it's still pretty high, no?


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f*** dean spanos

NeonOctopus posted...

http://isthesqueezesquoze.com/

From the author. He's admitting that the S3 float % (that this site is based on) is a little fishy.

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f*** dean spanos

https://youtu.be/b9oI_8YG6Vs



Insane volume difference. The potential for a squeeze has taken a huge hit because of the trading restrictions. Nothing we could have done.

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f*** dean spanos

ToPoPO posted...

Just keep holding and you'll know when to sell

WHEN BROTHER

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f*** dean spanos

3PiesAndAFork posted...

Are they? They're both building up the hype and will cash out when it starts to die. Anyone who put real money into either of these are not holding. The whole bankrupt the billionaires and 1 doge = 1 dollar is all false hype to get people to hold and buy more. They're both going to come crashing back down any day now, and it's the novice people who jumped aboard the hype train who will be left holding the bag.

Mmm. Yeah, you're right. The only difference I would pick out is that GME, being a short squeeze, has and will continue to hurt institutional investors. While pump and dumps only target novice investors.

A lot of people definitely ate up the whole "crusade against the billionaires!!!" story but it wasn't a lie - they did lose billions. But I agree, when the squeeze is over there will be people who've lost a lot money. I think the question now is - have we reached that point? Is the squeeze/spike over? Are all the rocket emojis going on right now a pump and dump? Or are we still trying to squeeze?

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f*** dean spanos

3PiesAndAFork posted...

I'm guessing the people organizing all this bullshit feel the same way. I mean, FFS they straight up call the redditors jumping on this train r******, and they're just eating it up. As someone on the Dogetrain, I got in before this shit started and I'm just waiting for when I think the spike is close to happening and then cashing out. The people who think it's going anywhere notable will be left holding the bag, but that's not my problem.

But Doge and GME are incomparable.

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f*** dean spanos

argonautweakend posted...

As a layperson observing from the sidelines, the mantra of "hold, hold, hold" sounds kind of stupid to me. I get it in a way, but the best move would be to get out when it makes the most financial sense for you as an individual to get out.

I also realize another facet of all this is to hold so the short sellers on GME lose even more money and get fucked even more, but I really don't care about that necessarily. I just want more money for myself, and if some rich people suffer more losses, cool. if not, I made money so oh well.

But again, layperson observing on the side lines.

I think that sums up my sentiment as well. But I'm not sure what exit point makes "the most financial sense" - I very well have missed it when the price peaked at $450.

At this point, I'm just gonna close out. Let my shares just ride. The squeeze doesn't seem like it's going to happen any time soon. Gamestop does seem to have a good future under Ryan Cohen and the new management. Is this new future worth $200+/each share? We'll see. I was aware of the risks with this stock and can't be emotionally invested.

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f*** dean spanos

If the volume is low how is the price fluctuating?



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f*** dean spanos

I think a big thing that's delayed/hampered the squeeze is brokerage preventing buys. Robinhood literally only lets you buy 4 stocks. People that have been holding for >1 week definitely have more than 4 shares and cannot re-buy in.

It's ridiculous. The brokerages are to blame for this.

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f*** dean spanos

krazychao5 posted...

they theoretically could delay it longer by closing out on some and shorting more through these ladder attacks

Yeah, I think their strategy is to drive the price low with the ladder attacks and cover with the folks that panic sell. They'll try and do this over time to get the short % down and escape the squeeze.

The counter strategy seems to be that people are buying the dip and the panic selling paper hands are being replaced with diamond hands.

https://finance.yahoo.com/quote/GME/holders?p=GME

167.96% of Float Held by Institutions

Heck, Yahoo Finance (though I don't know how often it's updated) states that float is >100%.

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f*** dean spanos

About $60 up from today's low.

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f*** dean spanos

https://financhill.com/most-heavily-shorted-stocks-today

Trying to find the accurate short % data... According to this site, it's been updated today with Short Float at 226.42% with 2.81 days to cover.

My heart can barely take it!!!

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f*** dean spanos

NeonOctopus posted...

SHould've bought the dip brah I bought too early and missed out on 2 extra shares >_>

Literally cant haha.

Should have moved brokers, I know. But this is rigged.

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f*** dean spanos

GME on its way back up? Gonna be sick.

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f*** dean spanos

Future_Trunks posted...

so whats the max price we looking at now...

Got no idea brother. Apparently S3 isn't even a reputable source.

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f*** dean spanos

https://twitter.com/inflammateomnia/status/1356076741446393860?s=20



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f*** dean spanos

Rest in peace. :(

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f*** dean spanos

apocalyptic_4 posted...

Are these trade restrictions still active?

I believe so.

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f*** dean spanos

https://www.reddit.com/r/wallstreetbets/comments/l9rk78/sec_doj_60_minutes_public_data_suggests_massive/

What the hell is this?

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f*** dean spanos

Holy moly the convo with the wifey. Hahahah

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f*** dean spanos

Tyranthraxus posted...

No idea. There's also a danger that Melvin Capital will dissolve and who the fuck knows what happens to the shorts at that point.

This is a pretty scary thought.

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f*** dean spanos

there are some really bad new pokemon but i loved this guy


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f*** dean spanos

Tyranthraxus posted...

Buy orders are outnumbering sell orders so it's still in a solid position

Yeah, I've been hearing murmurs of that! Awesome to see everyone else holding too.

http://isthesqueezesquoze.com/

short interest: 75.54% of float by Ortex, 113.31% of float by S3 Shortsight

This both interests and concerns me? I keep hearing different % short interest. Is short float % the same thing? Being sub-100% from 138% is big right? I also heard that it was 200% elsewhere, haha. I'm so lost.


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f*** dean spanos

The date keeps getting further and further haha. Boring day for GME today, made it easy to hold at least!

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f*** dean spanos

anttttt posted...

can somebody explain limit orders to an idiot like me? i'm already up $500+ on amc and i want to add this $20 that i have left in my account until next week

do i just enter "$20" as the limit price and enable executing in extended hours?

Someone correct me if I'm wrong but...

A limit order during after hours basically means the broker will buy $20 worth of shares at the next available price. During normal trading hours you'd be able to see the share price that you're purchasing at.

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f*** dean spanos

$GRIIA

they arent Ls :(

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f*** dean spanos

The folks across the pond are doing it!

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f*** dean spanos

Huh. Just noticed that Robinhood had removed the feature that shows the hourly stock price/live stock updates? I can only see the day's progress.

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f*** dean spanos

PlCCOLO posted...

honestly feel like there's a chance, yeah

but it could also go to 100... lol

at the end of the day, seems to depend on robinhood

All in this together! Whatever happens - it's actually been a pretty exhilarating week with you guys here on GameFAQs. :)

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f*** dean spanos

https://www.google.com/finance/quote/GS2C:FRA

Europe has begun trading.

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f*** dean spanos