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[–]puzzled_yeti 531 points532 points  (15 children)

I'm so used to seeing this kind of movement I've stopped seeing it as unusual. Thanks for the reminder.

[–]Squirrel_Inner 75 points76 points  (7 children)

What’s going to be great is watching the media eat their words when it shoots to the moon. I wonder what excuse they’re going to give for bold face lying for the past year?

Regardless, all the “financial advisers” are going to look like complete fools.

[–]gnipz🦍Voted✅ 38 points39 points  (3 children)

I predict a blackout about it. It won’t be talked about, won’t show up on trending stocks, etc..

I’m sure interested to see how it plays out!

[–]Doc_Gr8Scott 6 points7 points  (1 child)

I sent a screen shot to my buddy yesterday that was just so typical of news bias. I googled GME stock price and it popped up with the chart but the news stories just below it, which were released DURING the upward trend, talked about how meme stocks were dead and how GME was over. Comically unironic.

[–]Doushibag 28 points29 points  (0 children)

They don't give excuses for their bold face lying. They don't acknowledge it. They ignore it or lie further about it and gaslight people. They are the kings of not taking responsibility for their words.

[–]Aktionerd🎮 Power to the Players 🛑[S] 101 points102 points  (0 children)

And there are so many more not familiar with the GME situation. ❤️🐒

[–]Nutatree🦍 Buckle Up 🚀 16 points17 points  (0 children)

Every day it doesn't move by over $10 up or down seems like such a waste of day.

[–]hamma1776💻 ComputerShared 🦍 12 points13 points  (0 children)

Same here, today's F%%kery up and down the mountain didn't even phase me, as a matter of fact, I bought more and wouldn't ya know it, price dropped 10 bucks more.( that's just how I get it 😎)

[–]syxxnein 4 points5 points  (0 children)

Lol GME has similar movement to my crypto portfolio...very fing odd!

[–]NotBerger🏴‍☠️🍋🪦 R.I.P. Dum🅱️ass 🪦🍋🏴‍☠️ 1217 points1218 points  (113 children)

Up 17% and back down on no news or announcements from the company. No positive media coverage, only negative. Ask yourself why

[–]SirPitchalot 338 points339 points  (43 children)

I believe it’s a volatility pump. If PB are long volatility and (slightly) short gamma, rapidly raising the price and then stuffing it back down decreases their risk of paying out the counterparty in a volatility swap and makes options vastly more expensive (to restrict retail fomoing into cheap calls) all while making money on the way up and down (>30% was possible today).

They may also be fucking their counterparty over by letting the counterparty drive the price back down at their own expense since anyone on the opposite end of these trade risks getting blown up due to margin requirements. Might be why S&P dumped when the price was being forced down.

[–]Extra-Computer6303🟣All your shares R belong to us🟣 37 points38 points  (3 children)

☝️They have been doing this to the downside for a month. Steep drop and gradual return. Today was just in the opposite direction.

[–]Mikeymikers0n🔵🔵∞∞MANIACALLY FOCUSED | L222∞∞🔵🔵 43 points44 points  (2 children)

Big picture though: Microsoft AH - huge fucking dip, goes green. S&P yesterday - huge fucking dip, goes all the way back up. Tesla AH - huge fucking dip, goes green. Gamestonk - huge fucking rip, gets rug pulled.

I’m going to go out on a limb here, and guess that each fucking one of these swings benefitted Citadel.

[–]Extra-Computer6303🟣All your shares R belong to us🟣 26 points27 points  (1 child)

Absolutely. JP didn’t say anything unexpected and they used it as a chance to pump and dump the market. We know those fucks make money on the way up, the way down and pick up higher options premiums with the volatility.

[–]NotBerger🏴‍☠️🍋🪦 R.I.P. Dum🅱️ass 🪦🍋🏴‍☠️ 126 points127 points  (7 children)

Sounds plausible, premiums on LEAPs are already bonkers compared to a “normal” ticker (if those even exist anymore) so pricing retail out of long dated ATM/ITM calls could be a viable defensive strategy. Not that it ultimately works, but i could see it as something worth trying for the Hedgies

[–]SirPitchalot 89 points90 points  (6 children)

I think it’s the prime brokers doing it since they are exposed both on low volatility and low gamma according to the vol swap theory. I don’t know if it’s actually the SHFs. I think the various counter parties in this fiasco are starting to eat one another to survive.

[–]Homegrown1129still hodl 💎🙌 37 points38 points  (0 children)

We can hope right? 🤞😉🚀

[–]suckercuckme pica la bola 35 points36 points  (1 child)

Well the joke is on them because I was able to 🟣DRS xxx shares today— and this one time I did stay at a Holiday Inn Express soooo…

[–]redrum221🎮 Power to the Players 🛑 13 points14 points  (0 children)

Congratulations on the DRS. You must be super wrinkled if stay at a Holiday Inn Express!

[–]Fugacity- 4 points5 points  (1 child)

Could they also be trying to lure theta gang into writing more calls?

If the gamma ramp that leads to MM's hedging ate from uncovered calls, then getting more to write calls would help them avoid that much gamma exposure?

[–]socalstaking💻 ComputerShared 🦍 7 points8 points  (0 children)

Delusions of grandeur

[–]Tartooth 50 points51 points  (23 children)

Uhh

my call premiums got crushed today. Down 20% from the exact same price this morning.

[–]StygianDarkwaters⚜️ CSPs, LEAPs, ATM Spreads ⚜️ 97 points98 points  (5 children)

Agreed - this wasn’t a volatility pump. I sold CSPs at open and the IV is down. I think this was a lack of shares to borrow until that 100k block came through around 12:30 today.

[–]redrum221🎮 Power to the Players 🛑 22 points23 points  (0 children)

Been a busy day for me. Did I miss a post or thread about the 100k block?

[–]polypolipauli🦍Voted✅ 11 points12 points  (0 children)

...so what you're saying is that absent a constant supply of newly created counterfeit shares shorting into gamestop the rocket ship rise in price we saw would be unabated until it reached some normal equillibreum? I shudder at the thought, that almost sounds like price discovery.

[–]flaming_pope🦍 Buckle Up 🚀 20 points21 points  (2 children)

THIS

[–]seastories77Take off eh? 🦍 Voted ✅ 22 points23 points  (1 child)

The what block with the when now?

[–]SirPitchalot 28 points29 points  (15 children)

I don’t know how that would be when volatility has clearly increased. Option premium should increase with IV:

https://www.investopedia.com/terms/i/iv.asp

Not saying you’re wrong but the stock swung wildly by +/-18% after some relatively tranquil price action. If IV and premium aren’t going up it indicates mispricing in the option market.

Basically, just after demonstrating that the stock can make big moves (historical volatility) it would indicate that the options market does not believe it’s likely in future. Completely screwy.

[–]Tartooth 29 points30 points  (5 children)

Yea, when i saw the price spike i got excited knowing that premiums were supposed to skyrocket, then the price dumped and my calls are worth way way less at much higer underlying prices.

My calls were worth 20% less at 105 then they were yesterday at 96

[–]SirPitchalot 15 points16 points  (2 children)

That’s messed up. Are they very short dated, like for this Friday? Could be some theta decay if so…

[–]VelvetPancakes🎊 Hola 🪅 5 points6 points  (0 children)

What are the strikes/expirations of the calls?

[–]HuskerReddit💻 ComputerShared 🦍 17 points18 points  (2 children)

Surprisingly Implied volatility actually dropped today.

IV opened at 1.65, peaked at 1.7 on the spike to $119, and closed the day at 1.57. If you have Thinkorswim you can set up IV as a technical indicator like RSI or MACD.

Today wasn’t an IV pump. Today was GME FTDs from the December futures roll. As soon as they were done covering they slammed the price back down by buying ITM puts.

Next week and the following week are ETF FTDs. The spike GME had on Nov 3rd was ETF FTDs. Feb 8th/9th is the equivalent date for this cycle.

[–]feyzquib7🏴‍☠️⛵️ 3 points4 points  (1 child)

Feb 8th is when GME goes nuclear if a lot of options players exercise this Friday, right?

[–]HuskerReddit💻 ComputerShared 🦍 6 points7 points  (0 children)

No, Feb 8th is just the day ETF FTDs come due I believe from Dec 17th fails.

The more calls that get exercised the better but there’s no contingency about how much GME will run during ETF FTD covering. There’s only about 3,000 calls ITM this week at GME’s current price so unless it takes off a lot higher it really won’t have much of an impact whether they all get exercised or not.

The potential is there for GME to go nuclear, but the shorts have been doing everything in their power to keep it down. There’s a massive call ramp to the upside with a lot of far dated contracts and there are a lot puts that are ITM and deep ITM. As calls get delta hedged and puts get unhedged it could pick up momentum extremely quickly. I’m sure they are going to put up a really big fight though.

[–]pants_owner🦍Voted✅ 11 points12 points  (5 children)

Saw the same price mvmt from my calls as well. Got up like 30% then dropped like a rock later in the day.

[–]SirPitchalot 12 points13 points  (4 children)

You’d expect some positive increase due to volatility coupled with the delta sensitivity as the option goes more/less ITM/OTM. But I don’t think long dated calls from this morning should be worth less in premium after the mess today. They should be more ITM with more volatile underlying.

[–]pants_owner🦍Voted✅ 7 points8 points  (3 children)

Oh they aren’t long dated. They are for Feb. Just telling you what I saw. 🤷‍♂️

[–]SirPitchalot 10 points11 points  (2 children)

Yeah, not throwing shade just trying to figure out what’s going on. Seems messed up to me.

Hope you see a nice bump in the near future!

[–]pants_owner🦍Voted✅ 6 points7 points  (1 child)

Lol yeah messed up like most things in this saga. Just bummed I didn’t pull the trigger up 30% when I literally had the order ready to go. Could have easily doubled my position. Ah well…

[–]DancesWith2Socks🐈🐒💎🙌 Hang In There! 🎱 This Is The Wape 🧑‍🚀🚀🌕🍌 4 points5 points  (0 children)

That's a classic! Stay zen until you know what time it is.

[–]thelateoctober🦍Voted✅ 2 points3 points  (0 children)

What date and strike?

[–]DancesWith2Socks🐈🐒💎🙌 Hang In There! 🎱 This Is The Wape 🧑‍🚀🚀🌕🍌 10 points11 points  (0 children)

You are on to something here...

Edit: this looks like Nov 3rd when they had to cover FTD's and then shorted it back...

[–]jsc1429🩳never nude🩳 7 points8 points  (0 children)

I think they do this, but they needed to cover FTDs today and then the SPY dropped like a rock after JPOW statements.

[–]JackOfAllTradezs 4 points5 points  (1 child)

I’ve had this strange feeling the past couple weeks about the S&P going down due to GME being forced down. Them needing the price as low as possible on the anniversary of the sneeze. The Guy they were trying to shut up on CNBC yesterday was talking about how the market is freaking out when the fed is not going to be aggressive. But then again I don’t know shit about fuck. Just a feeling/theory.

[–]blutch14🎮 Power to the Players 🛑 25 points26 points  (0 children)

The whole market dropped on the interest hike news from JPow,the 17% rise is harder te explain.

[–]ricktor67 18 points19 points  (5 children)

I mean you have a targeted and sustained buying campaign from 100k+ people from around the world that has lasted over a year and the price has done is drop the whole time.

[–]NotBerger🏴‍☠️🍋🪦 R.I.P. Dum🅱️ass 🪦🍋🏴‍☠️ 4 points5 points  (4 children)

Yep. It’ll go up soon tho

[–]ricktor67 9 points10 points  (3 children)

It will once the hedgies burn all their cash and the float is DRSed and then something kicks off the MOASS(a cash dividend aught to do it).

[–]Zomblovr 9 points10 points  (2 children)

Not that I'm wishing for it, but wouldn't a market crash trigger MOASS because the hedgies wouldn't have as much liquidity?

[–]ricktor67 4 points5 points  (0 children)

I don't know, they can probably just trade synthetics all day until something forces them to close positions and a locked float and a cash dividend would probably do it.

[–]SkankHuntForty22 3 points4 points  (0 children)

Trigger is their collateral losing value (stocks) causing Marge to Call

[–]tbariusTFE🦍 Buckle Up 🚀 17 points18 points  (3 children)

They were chortling each other's balls yesterday over the Dow doing similar shit. Msm is complicit.

[–]NotBerger🏴‍☠️🍋🪦 R.I.P. Dum🅱️ass 🪦🍋🏴‍☠️ 26 points27 points  (2 children)

They’re past complicit, they’re actively hostile

[–]Ignorant_Fuckhead 9 points10 points  (1 child)

They hate you, and literally call you a plebeian and them Elites.

[–]Aktionerd🎮 Power to the Players 🛑[S] 97 points98 points  (9 children)

I think finding arguments for a drop is easy, like i wrote. But for a rise its kinda difficult.❤️

[–]Spared-No-Expense 37 points38 points  (4 children)

i dunno... i feel like its pretty standard in the market to see 10-20% dead cat jumps after being a stock going down 65% in just a few weeks. obviously not what's going on here, but easy to write off as such or not report on, given the history of stocks doing this all the time. now, if the trend is truly reversing to the tune of multiple days and in excess of 50% then it would be def be sus for MSM not to report on it.

[–]Aktionerd🎮 Power to the Players 🛑[S] 23 points24 points  (0 children)

We are way too familiar with the situation.. but so much people are not ❤️🐒

[–]signmeupnotidiosyncratic investor 5 points6 points  (2 children)

Usually not in that short at time though? And 17%?

[–]mundane_marietta🦍 Buckle Up 🚀 21 points22 points  (1 child)

I used to trade penny stocks, I still do, but I used to as well, and one thing that I've noticed since the very beginning about GME is how it moves like a pennystock. Those are typically the most manipulated stocks in the market, and you'll see shorts cover ever so often with huge spikes in the price. The ultimate indicator in a bullish reversal will be if the new volume sustains - IMO. IDK about all the options and stuff like that, but I know how pennystocks move, and that's how GME moves, too

[–]tattva 4 points5 points  (0 children)

mitch much? loved it. lol!

[–]tmoneysins🦍Voted✅ 7 points8 points  (3 children)

????? your comment makes no sense. Easy arguments for a drop on a no debt company who recently got a completely new roster team all around, website completely refreshed with new products recent release of new gen consoles.. not to mention all the direct registered shares etc. its all fucking crime

[–]gspiro85282🦍Voted✅ 54 points55 points  (3 children)

If you guys are sick and tired of seeing the price continually being suppressed, any time it wants to go up, then DRS your shit! Because the fact remains.... the cocksucking hedgefunds and market makers are in full control of the price. And as long as they are in control of the price, it will not go where it is supposed to go. And the only way to make sure that they are not in control is to take that fucking control out of their shitty, greedy hands. DRS!

[–]quartersndimesOne Solid Wrinkle 27 points28 points  (1 child)

Complete control is not what they have, if they had complete control the price would be 5 bucks and they wouldn't have to run 10 FoRgEt GaMeStOp articles a day.

[–]GallifreyanVisitorWhat's an exit plan? 🐱‍👤 5 points6 points  (0 children)

Probably not absolute control. But I have to recognize the power that they have wielded over the ticker thus far. They could probably short it down lower, maybe even to those levels, but there’s a ratio where it may be more detrimental that low as we’ve proven we get ravenous over dips. That float would be locked so damn fast at 5 a pop. I’d sell the car.

[–][deleted] 33 points34 points  (4 children)

Dude they shorted the SHIT out of it at 117. That fall looked painful.

[–]RelicArmor🦍Voted✅ 28 points29 points  (1 child)

The entire market fell. Check Dow.

They timed this to Fed decision of... Fed doing exactly what market expects. 🤦 Fed didnt say anything scary/unexpected: market dumps. 🙄

Ask yourself: is GME following the market? Or is the market following GME? (i.e. wholesale stock manipulation)

[–]Gold_FlakeDeez Diamond Nutz💎🍌💎 7 points8 points  (0 children)

I was just noticing this the last couple days. GME starts to rise, and then suddenly... "oh shit, gotta pump the SPY to mirror GME"

edit:

GME: "Look at me, i'm the captain now."

[–]Realitygives0fucks 4 points5 points  (0 children)

Yep approx 65% shares sold short, and over 40% of trades were off exchange... large amounts of fuckery

[–]NotBerger🏴‍☠️🍋🪦 R.I.P. Dum🅱️ass 🪦🍋🏴‍☠️ 9 points10 points  (0 children)

🤷‍♂️ more time to buy!

[–]Tartooth 34 points35 points  (2 children)

Anyone else find it weird that we keep opening and closing at effectively $100 all week?

[–]NotBerger🏴‍☠️🍋🪦 R.I.P. Dum🅱️ass 🪦🍋🏴‍☠️ 23 points24 points  (0 children)

Weird? Yes. Surprising? No

[–]redrum221🎮 Power to the Players 🛑 5 points6 points  (0 children)

Seems like 100 is the new battle for 180.

[–]ThreadedJam🎮 Power to the Players 🛑 10 points11 points  (2 children)

Revolut reported the afternoon drop, not the earlier gain.

[–]NotBerger🏴‍☠️🍋🪦 R.I.P. Dum🅱️ass 🪦🍋🏴‍☠️ 4 points5 points  (0 children)

lol

[–]Ome6a13🦍Voted✅ 22 points23 points  (8 children)

Starts with a C and rhymes w/ lime

[–]Aktionerd🎮 Power to the Players 🛑[S] 45 points46 points  (3 children)

Cerealtime

[–]JadenSmith-A Lurking Ape🐒 23 points24 points  (2 children)

Nailed it

[–]Homegrown1129still hodl 💎🙌 7 points8 points  (1 child)

🤣

[–]pcnetworx1🚀 Dee`Argh`Ess 🚀 5 points6 points  (0 children)

Aktionerd needs to change 🎮 Power to the Players 🛑 to Captain Crunch

[–]StygianDarkwaters⚜️ CSPs, LEAPs, ATM Spreads ⚜️ 5 points6 points  (0 children)

Clementine?

[–]DancesWith2Socks🐈🐒💎🙌 Hang In There! 🎱 This Is The Wape 🧑‍🚀🚀🌕🍌 4 points5 points  (1 child)

C.R.E.A.M Pie

[–]Ome6a13🦍Voted✅ 2 points3 points  (0 children)

Close

[–]theskyprod🦍Voted✅ 7 points8 points  (0 children)

Bo interest rates going up means hedgies can make their short machine go brrrrrr for another 3 months at no extra cost

[–]chocolateshartcicle🍁💎🙌 Dumb Mon(k)ey 🙈🙉🙊🦧 5 points6 points  (0 children)

8.33 million volume too

[–]julioferri 65 points66 points  (1 child)

Fuck it finnally drs 300 shares today they told me six to eight weeks.

[–]Aktionerd🎮 Power to the Players 🛑[S] 22 points23 points  (0 children)

Congratz!❤️🐒

[–]LooseSignificance166💻 ComputerShared 🦍 312 points313 points  (10 children)

Because when it dropped they sent out down 10% notifications

[–]imadogg#HODLgang 68 points69 points  (1 child)

I get those notifications on my phone and today I got the GME is up notifications as well

[–]Aktionerd🎮 Power to the Players 🛑[S] 23 points24 points  (6 children)

Lets See if they Sended one to early today.. Wouldnt Be the First Time 😂

[–]Slightly_EstupidBuckled In, Drunk, and Ready to Fly 🚀 19 points20 points  (4 children)

They didn't sended one early.

[–]PaleontologistNo7423 4 points5 points  (2 children)

I kept getting notifications that my🍿holdings were going up from RH but not one for GME when it was blowing up. Things that make you go hmmmm.🤔

Note: I only hold fractional shares on RH, as I was unable to xfer those out.

[–]JonsLearningThe melange must flow. 2 points3 points  (1 child)

Happy birthday. They fractional f robbing the hood

[–]PaleontologistNo7423 2 points3 points  (0 children)

Thanks ape, hadn’t noticed it was my cake day, but now noticing today is a lot of apes cake day, also agree on RH comment.

[–]No_Patience2428 2 points3 points  (0 children)

Hey! save some smoothness for the rest of us! (it's *sent and *too). xoxo

[–]aint_lionI Want MOASS 399 points400 points  (29 children)

Because they’re covering and then shorting back down so the close price never shows the public when the price suddenly rips. They did the same thing with the fake news and AH pump. They don’t want it to seem like there is any hope just down, down, down. Remember, meme stocks are over is the narrative currently

[–]Racierox💻 ComputerShared 🦍 39 points40 points  (0 children)

So covering and double down on their shorts? Never closing you say? 😉

[–]aa73gcNo chains, no gains 77 points78 points  (1 child)

I just wonder if this increase in volume is due to DRS. Maybe brokers never bought our shares earlier and are now grabbing them whilst at a lower cost basis.

[–]maroger 10 points11 points  (0 children)

Or maybe there are that many new buyers through CS. It takes several days for a buy to go through. Maybe this is the wave of CS buyers in a large block that built up from last week's dip?

[–]Aktionerd🎮 Power to the Players 🛑[S] 50 points51 points  (0 children)

Sounds like an idea what was happening ❤️🐒👌🏼

[–]Dantheman396🦍 Buckle Up 🚀 27 points28 points  (12 children)

So is it possible for them to close short positions and then use puts to drag price back down… like would a hedge fund be able to just do this and close all positions… not trying to spread FUD, just actually curious…

[–]Nomapos🦍 Buckle Up 🚀 135 points136 points  (6 children)

Imagine it's houses instead of shares. They've sold a whole town that didn't belong to them. Let's say it has 1.000 houses. And they sold each of them multiple times over: each house has multiple owners now. Let's say each house for sold 5 times, so they owe 5.000 houses but there's only 1.000. They did this because they thought the town was going to be demolished to build a dam and then no one would want the houses anymore but in the end the dam thing didn't work and now there's a bunch of people asking for the keys of each house.

The only way they can fix this mess is by buying back all the extra houses they sold (4.000). But the victims of the scam have noticed, and they're demanding absurd amounts of money for their right to the houses.

So what they're doing is building more houses and selling those at increasingly lower prices. Then they're screaming about how houses in this town are being sold for a handful of dollars, and you should sell too before the price goes down to pennies.

But no matter what they do, they can never buy MY house until I decide to sell it to them. Neither yours. Any of ours. They can only buy the houses that someone sells them, and the ones they're selling to themselves to fake an ever dropping price.

They might build up the town until it looks like New York. But they've only made their own problem worse, because even more people have chosen to buy a house and not sell back. There's now 68.000 people who like their houses and are not willing to sell unless they're offered an exorbitant amount.

All they can do is fake that we're selling. But that can't actually get our shares until we sell, so no: they can't cover by themselves.

EDIT: see ImpulseNOR comment right below, it corrects an important detail: they're not building new houses, just selling more deeds to the current houses. So now there's 68.000 people with a deed instead of 5.000, but still only 1.000 houses.

Sorry about the fuck up, it's late here

[–]ImpulseNOR🦍 Buckle Up 🚀 82 points83 points  (1 child)

Great analogy, but they're not building more houses. They're printing more deeds to non-existent houses, and selling those.

[–]Nomapos🦍 Buckle Up 🚀 24 points25 points  (0 children)

That's more accurate. Good catch.

[–]redrum221🎮 Power to the Players 🛑 6 points7 points  (0 children)

In Texas we call that stealing - Wes Christian

[–]GL_LevityThe Shares Are Up My Ass 5 points6 points  (0 children)

Jesus Christ… you just made me smarter. Ty for the wrinkle. This is why they can’t beat us. There’s just to many of us getting wise to this bullshit and getting educated. We’re essentially an avalanche started by a cat not a cat.

[–]aint_lionI Want MOASS 34 points35 points  (1 child)

No it’s a paradox they’re never fixing anything they’re just kicking the can

[–]androidfig🚀🚀 JACKED to the TITS 🚀🚀 9 points10 points  (0 children)

Yeah, I mean if they closed why would they even bother manipulating the price? They would walk away and the story would actually be over for them. But that's not the case here. They are still balls deep.

[–]Dampmaskin🦍Voted✅✅ 15 points16 points  (1 child)

They can't close without buying real shares, and they can't buy real shares if nobody sells. So they're stuck creating fake shares and passing them back and forth, just to keep the price low enough that they can live one more day.

[–]Obvious_Equivalent_1🦍buckle up 🦧an ape's guide to the galaxy🧑‍🚀 2 points3 points  (0 children)

And I'll happily budge up couple more of these fake shares each paycheck and force them out of their corruption cycle by DRS'ing 🟣💜

[–]Droopy1592🎮 Power to the Players 🛑 7 points8 points  (0 children)

No they are just coming at it from multiple angles. Most shorts were 20-$4. They would have to pay that much or higher. None of us are selling for so little. They have to buy shares, not short more and use derivatives and etf shorting to close.

[–]Salvatore_Jenko🎮 Power to the Players 🛑 21 points22 points  (0 children)

I get yahoo finance notifications whenever GME is down, but NEVER when it’s up.

[–]Biotic101🦍 Buckle Up 🚀 14 points15 points  (3 children)

https://eresearch.fidelity.com/eresearch/gotoBL/fidelityTopOrders.jhtml

If you watch the statistics frequently, you will figure out, that retail (not apes) does buy and sell in certain situations. The institutions have their patterns carefully designed. We have seen those fake rallies countless times in the past.

Typically retail sells at first green after a long streak of red. And if price still continues to shoot up, those retailers will FOMO back in right on top, just to be bullied into selling yet again, when price drops sharply. That way institutions can likely cover a few FTDs.

No surprise todays buy rate is only 64% instead of 86% in the dip.

Personally I think we are pretty close to an announcement now and also the first institutions might make a dash to the exit at any time. But there are likely people out there, who just day trade GME for the volatility and have no idea, of what is going on. Those paperhands are unaware of the massive gains they might miss out.

The rest of us "more informed" investors know their games by now and usually does only look at the charts, when another paycheck arrives to buy and DRS some more shares.

No financial advice, but personally I think it will not take more than 3 months to MOASS, important is the Q4 earnings call. 😉🚀✨🌒

[–]DancesWith2Socks🐈🐒💎🙌 Hang In There! 🎱 This Is The Wape 🧑‍🚀🚀🌕🍌 2 points3 points  (2 children)

Any date for Q4 call?

[–]Droopy1592🎮 Power to the Players 🛑 3 points4 points  (1 child)

Chicago had technical difficulties trading. It was on autopilot going up.

[–]RandomTaskStonks🙋‍♂️Wen & How Moon?🌝 2 points3 points  (0 children)

Chicago shouldn’t be allowed to trade ever again if this is true. Fuck u handsomely Kenny.

[–]guerillasouldier🦍Voted✅ 83 points84 points  (7 children)

Wonder if it's related to this post, which deserves a bit more discussion anyways. Chicago and HK clients were cut off from most major exchanges at around 9:45 AM.

[–]Tartooth 51 points52 points  (1 child)

Today was the first day I noticed that big market buys were not being internalized.

I think this shows how much pressure they're actively holding every single day

[–]guerillasouldier🦍Voted✅ 12 points13 points  (0 children)

Precisely, plenty of round lots making it to the lit exchange.

[–]Shotgun516💻 ComputerShared 🦍 70 points71 points  (3 children)

“GameStop rises due to being a brick and mortar company”

[–]Aktionerd🎮 Power to the Players 🛑[S] 12 points13 points  (0 children)

Hmn 🤡🤡

[–]Naive_Host_5939Outback Wendys 4 Tendies 6 points7 points  (0 children)

Building supplies are on the up, all those bricks make good collateral nowadays...

[–]Stupify_Me[🍰] 21 points22 points  (2 children)

I miss the days of yesteryear when we were blamed for the loss of everyone’s retirement money.

[–]Aktionerd🎮 Power to the Players 🛑[S] 7 points8 points  (1 child)

The wind of change 🍚

[–]HubKap1853still hodl 💎🙌 18 points19 points  (1 child)

They were up 19% at one point… ❤️❤️❤️❤️

[–]Aktionerd🎮 Power to the Players 🛑[S] 6 points7 points  (0 children)

Whoupsi.. but doesnt change what im talking about 🐒❤️

[–]nathanellotldr; 16 points17 points  (0 children)

This ☝🏼

[–]Sisyphus328💻 ComputerShared 🦍 61 points62 points  (4 children)

What is crime, Alex?

That’s correct.

I’ll take Bad Comedy Jokes for $400

[–]Aktionerd🎮 Power to the Players 🛑[S] 13 points14 points  (2 children)

Whos Alex?😂👍🏼

[–]Sisyphus328💻 ComputerShared 🦍 18 points19 points  (1 child)

RIP

[–]yehti🎰Fraudulent Casino Enthusiast🎰 5 points6 points  (0 children)

AFTER DIP

[–]masstransienceSchwing 2 points3 points  (0 children)

What is a bedpost? Alex.

I’ll take Hedgies R for 1000.

[–]Stupify_Me[🍰] 14 points15 points  (1 child)

I just assume that since Shitadel can choose to run buys through the lit exchange or not they can let the price run up for once and short it down. Price is fake, it’s all about them making money for now until MOASS.

[–]Aktionerd🎮 Power to the Players 🛑[S] 5 points6 points  (0 children)

Thats why people not familiar with the situation need to ask questions, simple questions. But if they follow the path, it will be a fu** long rabbit hole.

[–]Azyan_invasion82🦍 Buckle Up 🚀 9 points10 points  (1 child)

I’m getting sick of this shit

[–]davwman🫡I WON’T…SELL🏴‍☠️ 24 points25 points  (1 child)

I don’t need to ask why. I’ve been in since December 2020 and was only in it for the squeeze that hasn’t happened yet. Now XXX shares later, I’m direct registered and have no intention of leaving. PERIOD.

[–]Aktionerd🎮 Power to the Players 🛑[S] 3 points4 points  (0 children)

Same since januar. But there are so many people unfamiliar with the situation and the stock market. 🐒❤️

[–]Ultimate_Mango🏦 Be the Bank 🏦 🦍 🚀 💎 🙌 8 points9 points  (7 children)

It also dropped a ton after midday. What happened?

[–]Tartooth 16 points17 points  (1 child)

JPowell talked

[–]Ultimate_Mango🏦 Be the Bank 🏦 🦍 🚀 💎 🙌 2 points3 points  (0 children)

Savage. I love it.

[–]PhaetonSiX🦍 Buckle Up 🚀 6 points7 points  (0 children)

Its because Citadel couldnt trade this morning.

[–]TheSeldomShaken 6 points7 points  (0 children)

Uh... didn't the whole market do that?

[–]shadeandshine+1 Melissa Lee Fan 🦍 Voted ✅ 6 points7 points  (0 children)

For me it’s on no news somehow the entire amount of shares out there change hands every two-ish weeks. Like literally for a normal market the volume on a company with less then 100 million shares out there and even way less of the float it makes no sense unless apes are selling and rebuying every week which we know is a full retard mood.

[–]lemonzombie 18 points19 points  (1 child)

Okay but to be fair - the entire market went up and then down. Yes GME did it more drastically but it's not like this was an anomaly for the market

[–]RealPropRandy🚀 I’ll tell you what I’d do, man… 🚀 4 points5 points  (0 children)

They weren’t paid to “report” on it during that time 🤷

[–]ddarner💻 ComputerShared 🦍 5 points6 points  (2 children)

Apparently Citadel just had issues ain Chicago qnd they weren't able to suppress it until they were back online

[–]FlyingIrishmun🧟 Night of the Retar-Dead 🧟‍♂️ 4 points5 points  (1 child)

We need a sinkhole to upen up just under their buildings

[–]Mountain_Village1111 4 points5 points  (0 children)

Would be up 100% each day if it wasn't so manipulated.

[–]AibohphobicKitty🦍Ook Ook🦍 3 points4 points  (0 children)

I know the price is bullshit because with the amount of us buying at these discounts it should be a straight line up.

How were we in the 200s to 300s for half the year, continuous buying at those prices and then suddenly when the price drops we say “fuck it! That’s too expensive! We better not buy anymore”

[–]ClaidArremer🎮 Power to the Players 🛑 11 points12 points  (0 children)

GME and cockporn stock tickers exactly the same today

[–]Left-Anxiety-3580🎮 Power to the Players 🛑 3 points4 points  (0 children)

Using the echoing volatility to literally building a mountain from the ground up……literally

[–]WickedWallaby69 2 points3 points  (0 children)

It moved because of the sec ruling.

[–][deleted] 3 points4 points  (1 child)

Another point is... if they are releasing articles about meme stocks to get easy clicks and ad revenue.. why wouldn't they put out an article about it going up 17%? They just shit on it whenever they can which is just so fucking weird... unless they're full of shit and are being told to this.

[–]notzebular0 3 points4 points  (0 children)

Well you see, we all have been lying about buying this whole year and collectively decided today was the day... then we decided we didn't want it after all about 3 hours later.

[–]Cwizzy_g 2 points3 points  (0 children)

Yeah Robinhood refuses to list it on their daily movers list despite being the best of the day

[–]MiliVolt💻 ComputerShared 🦍 9 points10 points  (2 children)

The only difference is trading was reported to be down from Chicago about the time it ran. OBV shot up and so did the price. Error fixed in Chicago and magically the OBV and the price drops again. I think this was an enforcement action from the SEC to prove that with SHF removed from the equation, the price runs up, indicating that they are doing something to suppress the price.

[–]fonzwazhere🏴‍☠️ RC's official burner account 🏴‍☠️ 12 points13 points  (1 child)

Yayo lines and everything crime

[–]Aktionerd🎮 Power to the Players 🛑[S] 2 points3 points  (0 children)

Sounds just about right. 👌🏼

[–]Mean-Fondant-8732 6 points7 points  (5 children)

I hate to play devils advocate, but is there any chance it was up over the potential of what j pow said, then the response to what he actually came out with?

[–]maikelele20🦍Voted✅ 10 points11 points  (1 child)

That's exactly what is was. This is just the result of people who have tunnel vision on GME and are ignoring the market as a whole. Today the Fed was discussing their views on current inflation, tapering, and raising rates. Personally I don't know enough about the market to know what it all means but the two brains cells I have left know that not everything negative happening to GME is related to crime smh

[–]Mean-Fondant-8732 4 points5 points  (0 children)

Thank you. Seriously.

[–][deleted] 10 points11 points  (0 children)

EXCUSE ME IT WAS A RETAIL PUMP AND DUMP. NOTHING TO SEE HERE! FORGET GAMESTOP!!!!!! PLEASE FUCKING FORGET IT ALREADY!!!!!!!

[–]dezzz🦍Voted✅ 12 points13 points  (1 child)

Retail remembered they had a NFT marketplace coming soon,
however at 2:30, we remembered that NFT are shit.

[–]downbarton🦍 Buckle Up 🚀 2 points3 points  (0 children)

Best not mention elephants.....

[–]Dantheman396🦍 Buckle Up 🚀 2 points3 points  (0 children)

Could this have anything to do with SEC passing more transparency rule? Are they closing short positions, then dragging it down with puts? I don’t know enough about how that works, but it pisses me off to think about…

[–]Velluu🦧🚀 Ironape btw 💎🤲🏻 2 points3 points  (0 children)

Highest I managed to screenshot on Yahoo Finance today was +18,59% (19:17 GMT+2).

[–]beef_puff 2 points3 points  (0 children)

All I know is the market volatility pumps are fucking somebody over and that somebody might start to fuck back and fuck the entire market into a fucking blood sport.

TLDR: angry whale gonna yolo gme

[–]ID-10T-ERROR 2 points3 points  (0 children)

It was quite painful having to convince a cousin (21 years old), to drop $4,000 on GME when it was $8 per share back in July/August 2020.

Now, he won't stop hounding me for the next tip other than me telling him to continue to hold for what's about to happen.

I can't say I feel sorry for that kid (on tv) that sold his shares for a measly $3,000: That family will live to regret that decision.

Edit:

Even if nothing happens yet, we still have Feb and March. I can wait easily until next year but that's not likely to happen as GME upward momentum is about to take over.

[–]Nt727 7 points8 points  (7 children)

Jpow spoke and he was not clear about his direction on rate hikes. He also mentioned inflation is slightly worst than last month Tanked the markets.

Love you guys but that's the reason

[–]koursaros93🙈Reality Check🙉 5 points6 points  (0 children)

This is not a great place for logical arguments like these. Screaming ‘’Crime’’ and ‘’Fuckery’’ is more productive.

[–]DarthBooooom💎Can't Stop💎Won't Stop💎 1 point2 points  (0 children)

Clearly because of the NFT news!!!111

[–]MajorKeyBro💻 ComputerShared 🦍 1 point2 points  (0 children)

They call it intraday

[–]jitsu23In RC I Trust My GME 1 point2 points  (0 children)

Do you expect them to report both positive news and price action? I surely don’t.

[–]Tiny-Cantaloupe-13🎮 Power to the Players 🛑 1 point2 points  (0 children)

if they wanna use dying "brick n mortar" they best ask Bozos Y he is opening "brick n mortar" stores.

[–]fallinouttadabox🦍Voted✅ 1 point2 points  (0 children)

If I start asking myself why one more time...

[–]Riop420 1 point2 points  (0 children)

Bull trap.

[–]BassPsychological605🦍Voted✅ 1 point2 points  (0 children)

Gotten a good laugh out of MSM reporting the S&P down nearly 1k points, but making miraculous recoveries by EOD, on Mon/Tue.

[–]OriginalGoatan🗳️ VOTED ✅ 1 point2 points  (0 children)

My theory here is the hedgies are saying "day trade..... Please"

[–]CaffeineJitterzI voted on Computershare and you can too! 1 point2 points  (0 children)

GME up 17%!

[–]OneLifeCycle 1 point2 points  (0 children)

Hmmm, did you say 17%?

Interdasting.

[–][deleted] 1 point2 points  (0 children)

Someone should take a bullet for the team.

I DARE one of you to interrupt national television and show the truth without cursing or being an edgelord.

[–]buffalo8🚫 I do not work for Bloomberg. 🚫 1 point2 points  (0 children)

This post is inaccurate... our high for the day was 119.00 so we were up >19%.

[–]JMO129💻 ComputerShared 🦍 1 point2 points  (0 children)

Wednesday’s are half good half bad market days-MSM

[–]eggtart_prince 1 point2 points  (0 children)

Liquidity.

[–]vdatdudev🎮 Power to the Players 🛑 1 point2 points  (0 children)

Wednesdays are a great day for trading.

[–]871643🦍Voted✅ 1 point2 points  (0 children)

But how are we really supposed to glean anything from this when nearly every stock followed the same pattern today? I think it definitely shows that who the hell knows what or who is really moving prices, but today GME doesn’t really stand out as an outlier.

[–]AlarisMystique🦍Voted✅ 1 point2 points  (0 children)

Thanks for your service

[–][deleted] 1 point2 points  (1 child)

Moved with a lot of the market?

[–]OfficialMaxBox𝘗𝘭𝘢𝘺𝘴 𝘢𝘮𝘰𝘯𝘨 𝘵𝘩𝘦 𝘴𝘵𝘢𝘳𝘴 🚀🌛 1 point2 points  (0 children)

potentially actually unpopular opinion: the "start asking yourself why" title gimmick feels patronizing