Defiant Redditors buy Times Square billboard as GameStop stock saga rages | |
Anonymous Coward User ID: 79854055 United States 01/31/2021 02:23 AM Report Abusive Post Report Copyright Violation | So a bunch of rebel gamers can suddenly afford a billboard in Times Square? Quoting: Anonymous Coward 22067365 How fucking stupid are people? These are professional traders, posing as "gamers", crashing a dying system from within. . If you knew how to read, you would have learning that is cost them a whopping 18 dollars for a one hour digital billboard. The dumbness is some people is incredible. And yeah, I should typed learned instead of learning. Before you try to turn it around and make me look stupid. LoL |
OU8122
User ID: 79553795 United States 01/31/2021 02:28 AM Report Abusive Post Report Copyright Violation | Short interest (% of shares short versus outstanding shares) is reported on most broker websites or nasdaq.com Give me a company name and I will tell you what the short interest is. This really is not something earth shattering, the guy just told a good story for why the stock should go up, not down in value. He then convinced individuals who aren't familiar with the markets that betting against (Short selling) is bad. The fact that it was a video game store allowed him to get millenials riled up. At the end of the day, this is really close to being a 1 man pump and dump. The emotional edge helping drive the sell. Anyhow, give me a co pang name. Oh and by the way. There is NO EXPIRATION on a short sell. You are thinking of call and puts which are options. Those have expiration, you are buying contracts to purchase 100 share increments at a set price. At time of expiration you need the security to be at or above the strike price plus what you paid for the contract to be in the money. Going long would be buying a call option. You can also do straddles if you sell puts to limit your exposure Take a series 7 class if you want to learn options trading OU8122 |
OU8122
User ID: 79553795 United States 01/31/2021 02:29 AM Report Abusive Post Report Copyright Violation | [link to nypost.com (secure)] Quoting: TeknaBuzz If you're going to participate in this GME don't buy anything you can't afford to lose. But if they're able to keep this up til Friday lots of hedge funds are going to be forced to buy at higher price when their options expire and exercise. Why does everyone confuse short selling (no expiration) with options trading (has expiration dates) You make yourself look uneducated. A lot of those shorts are puts which have expiration dates A put is basically a loan of 100 shares of a short WRONG OU8122 |
Anonymous Coward User ID: 72737629 United States 01/31/2021 02:34 AM Report Abusive Post Report Copyright Violation | [link to nypost.com (secure)] Quoting: TeknaBuzz If you're going to participate in this GME don't buy anything you can't afford to lose. But if they're able to keep this up til Friday lots of hedge funds are going to be forced to buy at higher price when their options expire and exercise. Why does everyone confuse short selling (no expiration) with options trading (has expiration dates) You make yourself look uneducated. A lot of those shorts are puts which have expiration dates A put is basically a loan of 100 shares of a short WRONG You don't think that these hedge funds have puts on GameStop? |
OU8122
User ID: 79553795 United States 01/31/2021 02:43 AM Report Abusive Post Report Copyright Violation | ... Quoting: OU8122 Why does everyone confuse short selling (no expiration) with options trading (has expiration dates) You make yourself look uneducated. A lot of those shorts are puts which have expiration dates A put is basically a loan of 100 shares of a short WRONG You don't think that these hedge funds have puts on GameStop? No, they probably straight up sold short. Now, to limit the risk of what is happening they may have bought calls which indeed would minimize the exposure and allow them to offset a run up. I think k you get it, your just confusing puts and Calls. Selling a put would basically be like selling the stock short. I guess maybe they would do both but I think k more likely they bought calls in the unlikely event some jerk off got a bunch of people to run the stock higher A put is not a loan, it is a contract to sell 100 shares at a prescribed strike price. Last Edited by OU8122 on 01/31/2021 02:45 AM OU8122 |
Anonymous Coward User ID: 72737629 United States 01/31/2021 02:51 AM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 72737629 A lot of those shorts are puts which have expiration dates A put is basically a loan of 100 shares of a short WRONG You don't think that these hedge funds have puts on GameStop? No, they probably straight up sold short. Now, to limit the risk of what is happening they may have bought calls which indeed would minimize the exposure and allow them to offset a run up. I think k you get it, your just confusing puts and Calls. Selling a put would basically be like selling the stock short. I guess maybe they would do both but I think k more likely they bought calls in the unlikely event some jerk off got a bunch of people to run the stock higher A put is not a loan, it is a contract to sell 100 shares at a prescribed strike price. I just called it a loan on a hundred shares. Contracts the correct word And I know what calls and puts are I'm saying how do we know that these hedge funds didn't have massive puts on GameStop from a year ago |
Anonymous Coward User ID: 79980678 01/31/2021 02:54 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79854840 United Kingdom 01/31/2021 03:00 AM Report Abusive Post Report Copyright Violation | |
OU8122
User ID: 79553795 United States 01/31/2021 03:04 AM Report Abusive Post Report Copyright Violation | No, they probably straight up sold short. Now, to limit the risk of what is happening they may have bought calls which indeed would minimize the exposure and allow them to offset a run up. I think k you get it, your just confusing puts and Calls. Selling a put would basically be like selling the stock short. I guess maybe they would do both but I think k more likely they bought calls in the unlikely event some jerk off got a bunch of people to run the stock higher A put is not a loan, it is a contract to sell 100 shares at a prescribed strike price. I just called it a loan on a hundred shares. Contracts the correct word And I know what calls and puts are I'm saying how do we know that these hedge funds didn't have massive puts on GameStop from a year ago All good, you may be right, it would make more sense that they closed the position of a bunch of options contracts and not a bunch of shares. OU8122 |
The Blend of Kings
User ID: 78960711 01/31/2021 03:29 AM Report Abusive Post Report Copyright Violation | They have been caught, this could implode the whole system. The counterfeit shares are everywhere. Hedges, clearing house, rh , brokers, are all in on it. Retail owns 50% of legit gamestop shares now, institution and gamestop own 50% the other 120%... The Blend of Kings |
Anonymous Coward User ID: 79854840 United Kingdom 01/31/2021 03:31 AM Report Abusive Post Report Copyright Violation | They have been caught, this could implode the whole system. The counterfeit shares are everywhere. Hedges, clearing house, rh , brokers, are all in on it. Retail owns 50% of legit gamestop shares now, institution and gamestop own 50% the other 120%... Quoting: The Blend of Kings Maybe they didn't know that they would be the front line of the reset ... market correction bigly. |
Anonymous Coward User ID: 79740155 United States 01/31/2021 03:32 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79740155 United States 01/31/2021 03:33 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79999931 Thailand 01/31/2021 05:36 AM Report Abusive Post Report Copyright Violation | |
BBQ BOY™
User ID: 72493816 United States 01/31/2021 05:46 AM Report Abusive Post Report Copyright Violation | So a bunch of rebel gamers can suddenly afford a billboard in Times Square? Quoting: Anonymous Coward 22067365 How fucking stupid are people? These are professional traders, posing as "gamers", crashing a dying system from within. . These are people from all walks of life pooling their resources to punish and expose the System. "Never underestimate the pain of a person. In all honesty, everyone is struggling. Just some people are better at hiding it than others." Everyone has to work out their own salvation. Life can only be understood backwards, but it must be lived forwards. |
Anonymous Coward User ID: 79698875 United States 01/31/2021 06:23 AM Report Abusive Post Report Copyright Violation | |
President-Elect SafeandSound
User ID: 79999835 United States 01/31/2021 06:24 AM Report Abusive Post Report Copyright Violation | Yeah, not buying any of this. Quoting: Anonymous Coward 22067365 A group of Redditors just happened to meticulously track GameStop's stock for almost two years (since 2019) and happened to figure out that the stock was shorted up to 140%... and the traders would have to cough up the capital to cover the shorts, if the stock suddenly rocketed up in value? Yeah, that's not even plausible as a fictional TV show. You have to be a seasoned trader to understand one aspect of what I just said... nevermind have the foresight to pull it all off. Again, it's a controlled demolition, pulled off by professional traders...POSING as Redditors. They can't just pull the rug on the stock market, but they are starting to rock it back and forth, until it tips over. But whatever, I'm trying to talk sense to people on fucking GLP... . A group of Redditors did NOT figure it out ...ONE MAN DID- Roaring Kitty who had a one subscriber you tube channel and was talking about Gamestop mid 2019. He did his major due diligence and researched and believed Gamestop had strong fundamentals and was worth owning. He figured maybe it would eventually sell 3 to 4 times more than what it was at the time. He wrote a thesis and asked people to look at his reseach and give him input. You can follow his trades through the entire year at Reddit as he posted weekly. He was ridiculed many times, went through major losses at times and yet he held even as people mocked him. He started with $53,000 solely with Gamestop and is sitting currently around $48 million even after taking about $13 million in profits. At some point in the game he figured out the company was short about 142% and brought it to peoples attentions. Around October people who were tired of him continuing to hold when they thought he was an idiot began to look closer and that is when you see people begin to jump on the wagon though some did earlier. He earned the respect and trust of the community because he held through some major losses never doubting his original beliefs (kind of like Michael Burry who Roaring Kitty looks up to). People joined in to make money and then it became a statement to say enough is enough and now here we are. I wonder if he is married. To have that much time and effort and unwavering belief...he must be single. The wife would have pressured him to sell |
2012Portal
2012Portal - Mayan Beyond 2012 User ID: 73442504 Netherlands 01/31/2021 06:30 AM Report Abusive Post Report Copyright Violation | Be careful guys, this is not exactly legal: [link to www.youtube.com (secure)] You can better pick a stock or crypto, buy some and HODL it. From the love of power to the power of Love - My camera and video gear: [link to graphicstart.com] --- --- --- "Jesus Christ, the Son of God our Savior" |
Anonymous Coward User ID: 45445670 United States 01/31/2021 06:32 AM Report Abusive Post Report Copyright Violation | So a bunch of rebel gamers can suddenly afford a billboard in Times Square? Quoting: Anonymous Coward 22067365 How fucking stupid are people? These are professional traders, posing as "gamers", crashing a dying system from within. . Larping like they're giving it to the man lol Despite the fact that some of them have turned into millionaires recently, I have been wondering if some else is financing some of these people, but it's much more likely that it's organized by an outside entity like the CCP or one of the other major powers than "professional traders". Those people have no interest in rocking the stays quo boat like this and risk killing the golden goose. It's also a possibility that a lot of new money people really are just the retards that they claim to be and are sick of feeling helpless. |
Anonymous Coward User ID: 79954070 United States 01/31/2021 06:40 AM Report Abusive Post Report Copyright Violation | So a bunch of rebel gamers can suddenly afford a billboard in Times Square? Quoting: Anonymous Coward 22067365 How fucking stupid are people? These are professional traders, posing as "gamers", crashing a dying system from within. . Exactly! Nothing in the NEWS is organic! Anyone who thinks these globalists would allow this to happen are probably in line for their vax! |
Anonymous Coward User ID: 80001111 United States 01/31/2021 06:43 AM Report Abusive Post Report Copyright Violation | So a bunch of rebel gamers can suddenly afford a billboard in Times Square? Quoting: Anonymous Coward 22067365 How fucking stupid are people? These are professional traders, posing as "gamers", crashing a dying system from within. . you dont have any idea how many or who is behind this but I say it is organized and well thought out |
Anonymous Coward User ID: 45445670 United States 01/31/2021 06:45 AM Report Abusive Post Report Copyright Violation | So a bunch of rebel gamers can suddenly afford a billboard in Times Square? Quoting: Anonymous Coward 22067365 How fucking stupid are people? These are professional traders, posing as "gamers", crashing a dying system from within. . you dont have any idea how many or who is behind this but I say it is organized and well thought out :this: |
Dollar Bill Wick
User ID: 77079815 United States 01/31/2021 06:48 AM Report Abusive Post Report Copyright Violation | So a bunch of rebel gamers can suddenly afford a billboard in Times Square? Quoting: Anonymous Coward 22067365 How fucking stupid are people? These are professional traders, posing as "gamers", crashing a dying system from within. . Who is posing at being "gamers"? You're inventing a false premise and then burning the straw man. What's going on is democratized stock pressure. It's brilliant and awesome. Freelance Superhero with only a minor personality disorder. All my other personalities are just fine, thanks. Ignore him, no we aren't. Question: "What is the most important thing in your life?" Answer: "NOT BEING STUPID" - Jordan Peterson |
Dollar Bill Wick
User ID: 77079815 United States 01/31/2021 06:55 AM Report Abusive Post Report Copyright Violation | Yeah, not buying any of this. Quoting: Anonymous Coward 22067365 A group of Redditors just happened to meticulously track GameStop's stock for almost two years (since 2019) and happened to figure out that the stock was shorted up to 140%... and the traders would have to cough up the capital to cover the shorts, if the stock suddenly rocketed up in value? Yeah, that's not even plausible as a fictional TV show. You have to be a seasoned trader to understand one aspect of what I just said... nevermind have the foresight to pull it all off. Again, it's a controlled demolition, pulled off by professional traders...POSING as Redditors. They can't just pull the rug on the stock market, but they are starting to rock it back and forth, until it tips over. But whatever, I'm trying to talk sense to people on fucking GLP... . A group of Redditors did NOT figure it out ...ONE MAN DID- Roaring Kitty who had a one subscriber you tube channel and was talking about Gamestop mid 2019. He did his major due diligence and researched and believed Gamestop had strong fundamentals and was worth owning. He figured maybe it would eventually sell 3 to 4 times more than what it was at the time. He wrote a thesis and asked people to look at his reseach and give him input. You can follow his trades through the entire year at Reddit as he posted weekly. He was ridiculed many times, went through major losses at times and yet he held even as people mocked him. He started with $53,000 solely with Gamestop and is sitting currently around $48 million even after taking about $13 million in profits. At some point in the game he figured out the company was short about 142% and brought it to peoples attentions. Around October people who were tired of him continuing to hold when they thought he was an idiot began to look closer and that is when you see people begin to jump on the wagon though some did earlier. He earned the respect and trust of the community because he held through some major losses never doubting his original beliefs (kind of like Michael Burry who Roaring Kitty looks up to). People joined in to make money and then it became a statement to say enough is enough and now here we are. I wonder if he is married. To have that much time and effort and unwavering belief...he must be single. The wife would have pressured him to sell Weaponized Autists don't need women. They have data. Freelance Superhero with only a minor personality disorder. All my other personalities are just fine, thanks. Ignore him, no we aren't. Question: "What is the most important thing in your life?" Answer: "NOT BEING STUPID" - Jordan Peterson |
CMcC
User ID: 53122478 United States 01/31/2021 07:04 AM Report Abusive Post Report Copyright Violation | Props to the white knights at Reddit, Wall ST investments should not cater to the greedy that bet on business to fail... ...to many common folks have their retirement savings in investments. ...why hell if you betting on a company to lose why not also saddle them with excessive law suits over BS that will force them to spend millions defending themselves into bankruptcy... ...or using corrupt political connections to direct the ABC regulator's into overdrive? Fear God and Dread Nought. |
Anonymous Coward User ID: 78107266 United States 01/31/2021 07:13 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 10928243 United States 01/31/2021 07:23 AM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 72737629 A lot of those shorts are puts which have expiration dates A put is basically a loan of 100 shares of a short WRONG You don't think that these hedge funds have puts on GameStop? No, they probably straight up sold short. Now, to limit the risk of what is happening they may have bought calls which indeed would minimize the exposure and allow them to offset a run up. I think k you get it, your just confusing puts and Calls. Selling a put would basically be like selling the stock short. I guess maybe they would do both but I think k more likely they bought calls in the unlikely event some jerk off got a bunch of people to run the stock higher A put is not a loan, it is a contract to sell 100 shares at a prescribed strike price. Maybe you're right and originally it was all shorts and no puts. But generally when you see a stock shoot up like GME has you would buy a put assuming it must come down. I don't usually trade options and never participated in short selling. But it sure seems like if you was taking a short position you would want buy puts as well. It also seems many option traders would've bought puts when the price rose so dramatically. |
Anonymous Coward User ID: 22067365 United States 01/31/2021 07:30 AM Report Abusive Post Report Copyright Violation | Yeah, not buying any of this. Quoting: Anonymous Coward 22067365 A group of Redditors just happened to meticulously track GameStop's stock for almost two years (since 2019) and happened to figure out that the stock was shorted up to 140%... and the traders would have to cough up the capital to cover the shorts, if the stock suddenly rocketed up in value? Yeah, that's not even plausible as a fictional TV show. You have to be a seasoned trader to understand one aspect of what I just said... nevermind have the foresight to pull it all off. Again, it's a controlled demolition, pulled off by professional traders...POSING as Redditors. They can't just pull the rug on the stock market, but they are starting to rock it back and forth, until it tips over. But whatever, I'm trying to talk sense to people on fucking GLP... . you kinda sorta have it dead to rights, but missed part of what is going on. you see, this is economic warfare combined with weaponized social engineering. what we're experiencing is a more intricate and sophisticated a leap forward in warfare strategy than the invention of guerrilla warfare. here's how it goes: you remember learning in history that people used to line up on a battlefield like idiots and shoot at each other until enough people on one side or the other were dead. American colonists thought that was stupid, so when they came up against the British during the Revolution, they didn't politely line up on a field. They very rudely ambushed British soldiers from hiding, poisoned them, committed brutal acts of sabotage, etc. And the Brits didn't know how to battle this way because it was unheard of for people to fight in such an uncivilized way. The British actually considered this to be a major violation of human rights and God's laws. Result? We won. People are always trying to redefine the battle, think of a new warfare tactic that's never been used, and find more sophisticated ways to undermine their enemy. It's the art of war. What we are experiencing here is indeed being backed by higher forces, as you say. It's literally a new type of warfare that is being waged by the same illiterate, gap toothed, slack-jawed Powers That Be morans who have been fighting with each other for the past millennia or so. And they're still using us as the pawns in their battles. Look at it this way: if they were going to try to line us all up on a field and have us shoot at each other in ditches, they'd have to pay us a soldier's salary and take care of the widows. It's so damn messy, especially when the fight was really only over money and they had to think up some excuse to get people angry enough to fight over the death because no one would do that over money. With this type of economic warfare combined with weaponized social psychology, not only can they get the soldiers to fight for free, but they're actually paying those slack-jawed Powers That Be for the privilege of fighting their battles for them. It's fucking brilliant. It's so fucking brilliant that there's no way those slack-jawed, idiotic, helpless royals could have thought it up themselves. Nope, this one was game-theoried by AI. Bravo, good sir! Independent thinkers like you are very refreshing around here :) |
Anonymous Coward User ID: 79456118 Australia 01/31/2021 07:38 AM Report Abusive Post Report Copyright Violation | |
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