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Gamestop

Gamestop Endgame - Think Aboutif u are a gamestop holder this post is for you. i, the great coinholio, shorted gamestonk last year, buying puts at $1.5 June 2021 for $0.40. i recently sold these puts for the same price, due to hedge fund retards broken IV algos lol. turns out a $300 dropping to $150 makes bots do some crazy options buys... my other position has been a long on the gamecock since $100 and sell at $255 (50%) and $110 (50%). i am all out of gamestock and do not plan to buy back in due to the risk. if you are still holding, you probably look at wall street bets on reddit and see all these kinds of posts about "short ladder attacks" and "hodl". the truth is, hodl isn't always the right choice. in march 2019, btc hodl was the wrong choice, clearly evident by the halving and the looming toll of corona. what u have to understand as a trader is that not everyone can make money on these plays. wall street bets wants you to think that this is "regular joe" vs "hedge funds", but cmon, lets get real... these have been hedge funds vs hegde funds 80% of the time. they aren't on the same side, they are always competing against each other and cannabalizing each other, and they have a lot more capital. lets look at some of my opinions on what really happened gamefomo retards will point out short interest percentages, and how its over 100%, the will adjust the numbers and calculations and do all this fancy cope, which you will believe because it sounds legit, but let me ask you this: what evidence do you have that these hedge funds didn't just close their shorts earlier and re-short at $400, causing the short interest to stay at the same %? in fact, isn't that what the ideal adversary would do? make you believe that the short interest % is the same place where it would be? silver? of course nobody is buying silver, but wsb copers want you to believe that these hedge funds are the ones paying for "disinformation campaigns" against "wsb". keep in mine--it is unlikely retail traders are what is moving this market, i think that the primary movers are other hedge funds. they have more capital, are smarter than us, and make use of hft. understand your adversary, and know that in order to win, you must beat the next guy by out running the bear. you will never beat them--it is their job to do this nerd shit bro. now back to this $400 dollar shorts theory i have. there were a lot of $800 calls that were boughtted a day ago, what was the purpose of this large volume of calls? i tell us my thinks about it: me thinks that these were the same short hedge funds covering for the small probability that wsb can actually drive the shares up past $800. let me tell you what this means: retard hedge funds re-shorted, they are very confident this is the end of the squeeze, but they is not 100% sure, so they put some money in options to cushion the blow in case they are wrong. this is normal action, and not indicative that there is a move upwards again. the one final thing i want u to think about as a pro trader: imagine you are omniscient god, and know the direction of every stock in teh worl. you are a trillionare, and u are drinking marmalade in trader gandy heaven. you use your powers to know you are at the pivot at the gamestop squeeze, and then you log in to wsb... what kind of posts do you see? do you see a: people telling you that the squeeze is done and you should sell (lmao) or b: people telling you to keep holding answer: of course retard, they tell you to keep holding so you can sell. this is a hamster circus, first in first out, last man standing eats the biscuit. gamestop might go to $5000, but the odds are that you will be the one to sell at that price are zero. short ladder attacks dont exist. melvion is out. the endgame is you either selling or getting rekt. jk, just hold bro, tee-hee! diamond hams!
NYSE:GME
by coinhoIio
4
My Thoughts on GameStop, AMC, and HypeI wrote this post today to share my thoughts on what I think is a really interesting mental framework to use when thinking about trading or investing. I hope this post helps people make better decisions and I personally have made all of these mistakes. Yes, like many, I have lost on bad trades or investments, too. It's a reality of markets. Okay let's get started: Did you know there are 3000+ other stocks in the market? That's right... 3000. Add in crypto and that's easily another 1000+ crypto projects. Add in forex and futures and that's easily another 500+ futures and forex trades. The point I am trying to make is, there is opportunity everywhere and never one reason to chase a single asset or feel like you missed out. Take your time. Be patient. Don't chase. Look at the entire market. It's wide open to you. There are trading and investing ideas everywhere. Patience is your best friend. The next point I want to talk about, and related to what I wrote above is FOMO (Fear of Missing Out). My good friend tells me to embrace JOMO (Joy of Missing Out). The point here is that the market has been open for 100+ years. Crypto is open 24/7! It is not going anywhere. No one is telling you to buy or sell. Each decision is yours to own and only yours. You have to take ownership of your portfolio. There is no manipulation or scam going on other than your decision making in a marketplace that has been open for a long time and one that is now being enhanced by the proliferation of technology. The same way you research a car or TV, hours of research, reading reviews, studying your budget, is the same way you should approach markets. There is no rush to do anything. You won't "miss the move." As I said, the market has been open 100+ years. JOMO is a great strategy in certain times. It's okay to miss out on a move because it will be open tomorrow, and the next day, and the next. Time is your friend. I hope this framework is helping and now here's one more piece of advice: an old trader rule says "if a stock makes the news, you're late." What that means is someone who was more prepared, who had built a long-term plan, was involved before the news became a thing. It's important to remember that people do this for a living - studying companies, writing about them, reading about them, and building a position over time before the news cycle begins. You need to know this to think about who you are going up against when buying into news or hype. Otherwise you will chase news headlines and continue to be "late." Now of course, some people do chase headlines for a living, buying on big news announcements, but just remember that someone out there was there long before it happened. The awareness of this will really change your perspective on markets. I hope this post helps and I wrote it because, like I said in the intro, this has all happened to me. I try to think about the markets with this framework in mind. The recent mania in AMC and GME and others has me thinking about all of this and I wanted to share it with you all. Thanks for reading!
NYSE:GME
by scheplick
66
$GME - The Squeeze is coming. Final Boss Fight. Tomorrow.My original post: reddit.com/r/wallstreetbets/comments/lbds1e/final_boss_fight_its_happening_tomorrow_with/ Guys, it's happening. They know they are screwed. Yellen is having an emergency meeting tomorrow or the day after with the SEC heads, Federal Reserve, Federal Bank, Bank of New York and the CFTC and the meeting is about Gamestop Volatility!!! yahoo.com/news/exclusive-treasurys-yellen-call-regulator-014419687.html reddit.com/r/wallstreetbets/comments/lbdpbr/treasury_secretary_janet_yellen_to_call_regulator/ "What volatility?" I'm sure you're asking. THE ONE COMING FROM THE SQUEEZE. They are mega fucked. Today only around 1.5% of float GME remains. There is sufficient real research on this sub that shows that we are ACTUALLY diamond handing. reddit.com/r/wallstreetbets/comments/lb9s3f/bloomberg_terminal_looks_mostly_green/ (SEE LOCKED IN SHARES TOP LEFT RETARDS) On another note, some people's sell limit at 3.2k and 5k got filled today for 1 single GME share on this sub. reddit.com/r/wallstreetbets/comments/l7h8jv/gme_getting_filled_at_above_1000/ reddit.com/r/wallstreetbets/comments/l6z9d0/gme_filled_at_51k_a_share_this_morning_for_me/ Thesis: Goldman Sachs and the big boys have deleveraged their stake in GME and said they are reducing risk while also calling what already happened as the squeeze and that other hedges deleveraged as well. I can't tell if this is FUD or if they truly believe this. This info is in their daily customer subscription mailers, only actual GS customers get these mailers afaik. I don't know what is the truth anymore. If Yellen wants to meet for volatility on a fizzling stock that is 98.4% ish locked in by buyers, this screams all kinds of alarms in my head. They are either going to try and stop the party or they are looking for money to pay us and not crash everything at the same time. Tomorrow is the final fight. Yellen and all the bigwigs are the bosses. Also i think it makes sense for the squeeze to happen this week before Friday due to the naked short puts the HFTs have been selling that are likely 2/05 of expiry. They DO NOT want this squeeze to happen next week when all those shorts are gone and the price is back way up. They also don't want the squeeze to happen on Friday due to the extreme volatility due to their naked 2/05 puts. If all that makes sense, this means that the squeeze is coming tomorrow or the day after and NOT next week or this Friday. If none of this happens, Cohen still has this smoking gun to trigger it. reddit.com/r/wallstreetbets/comments/lbc6aa/cohen_still_has_the_opportunity_to_buy_another_7/?utm_medium=android_app&utm_source=share Final words. -Set your sell limits. -SET YOUR SELL LIMITS. -YES YOU. -FOR THE NEXT 2 DAYS STRAIGHT. -There's SOME consensus on the sub that realistically it should be ~800. Add a few lottos at 5k and 10k too as some people were lucky to get filled on 3.2k and 5k today. Don't get too greedy or you might not fill. reddit.com/r/wallstreetbets/comments/lagd2m/millions_in_gme_calls_bought_today_at_800_hold/ Good luck retards. I am 220k in on GME and 80k in on AMC at 50% loss as we all are.
NYSE:GMELong
by leenixusu
13
$GME chart viewLet's take a look at the 30 minute chart of GME, since this is a volatile and fast moving stock of late. While many of the redditors are putting in more money, only to see the price go down in large percentages, they need to be looking at the charts and past patterns, with volume and RSI, instead of being in a tunnel of the WSB sub and only following the cries of "hold" "diamond hands" rhetoric. Also assuming that they know what the institutional investors are doing is also nonsense, in my opinion; these are very biased, self serving, and in the end, delusional to the point where their money is being put not because of any fact, but wishes and hopes to the upside. if you look at the arrow marked spots on this chart back in the middle of January, you see three things in common: consolidation, rise in volume, and the rise in RSI. These eventually serve as entry points to the stock and you can see the breakout short time thereafter. What we don't see right now is these three things. Volume isn't rising, even if it's higher than average; there is no consolidation; there is no rise in RSI. To keep buying at this point is a futile exercise, only to spend your cash at a price where it's doomed to go lower, at best sideways. Look for these three factors before considering putting money in and catching the next rise higher; even then there are no guarantees. Set your limits and stops to protect yourself on this one. Good luck.
NYSE:GME
by grenadetrade
1
GME under siege by a "short ladder attack".I SUPPORT THE WSB CAUSE, BUT this will end badly. Can you not see the amount of BS being posted on the WSB subreddit? People who have no experience trading (and admit it) are being upvoted to top comment. This is like the sheep leading the sheep, the same way the bitcoin subreddit was at 20k, all the while miners were dumping on their faces. (Source: CQ data) Retail traders have weak hands. Smart money uses retail traders to exit their position at current prices. Retail sells the bottom and buys the tops. This never changes. On the GME reddit you see traders bragging about their 200s entry price, their 300s entry price. Reminder that each time people buy something it creates a potential seller. Lots of buying into an ask wall and price dumps = traders get stopped out, they get margin called, their options become worthless, etc. It always ends badly. Retail traders do not have infinite money. GME down = hands get weaker. Short term I think there is a bounce but price will be unable to get past 415. If you are long GME, make your own choices but gamble responsibly. FEEL FREE TO ARGUE WITH ME IN THE COMMENTS but keep things respectful.
NYSE:GMEShort
by HD1184K
15
Gamestop On Balance Volume stays highThe price tanks hard, but the volume doesn't cover this. This underpins the theory, that price at GameStop NYSE:GME stock is currently primarily driven down by short ladder attacks. Retailers or not selling big. They are holding the line! You can easily see this today on daily and hourly chart. So I think the price will recover to much higher levels, if retail selling pressure will not increase, as hedge fonds have to cover their shorts at some point and the expected shortsqueeze is about to come.
NYSE:GMELong
by djdookie
3
SNDL and NOK could be squeezed but be careful The GameStop isn’t the only company where greedy short-sellers got punished by WallStreetBets redditors. Sundial Growers Inc. (SNDL) and Nokia Corporation (NOK) are two other companies where traders with short positions got overexposed. Currently, their short interest (i.e. shorts / all shares) are 29% for SNDL and 14% for NOK. That’s not some crazy levels that should make short sellers desperate. Yet they could be squeezed some more if there is some coordinated action against them. To check what market participants think on average, we’ve posted the following questions to Cindicator’s Hybrid Intelligence: “The shares of Sundial Growers Inc. (SNDL) settled at 1.21 USD at 04:00 PM UTC on Monday, February 1. Will SNDL trade above 2.42 USD (+100%) earlier than trading below 0.61 USD (-50%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 85% “The shares of Nokia Corporation (NOK) settled at 4.89 USD at 04:00 PM UTC on Monday, February 1. Will NOK trade above 9.78 USD (+100%) earlier than trading below 2.93 USD (-40%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)” ------------------------------------- Assurance: 86% This suggests that on average Hybrid Intelligence believes that the shares will be pushed higher. Yet this could also be a sign of excessive euphoria right before the party is over.
NYSE:NOKLong
by Cindicator
1
Nokia MT (February 2nd 2021)Nokia (NOK) (February 2nd 2021 through 2022) Low: $3 - $5 High: $9.44 - $21 So I understand there is some financial madness going on right now. Here's a scenario that shows how a short squeeze could hit monstrous levels provided it actually gets executed correctly. I do not have the most hope in this chart but all the paths I've provided are just ideas of certain price levels that seem important to me. This could end in glory, blood, or hit glory and end in blood. Who knows, but its very interesting to watch all these speculations play out with WSB reddit. Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
NYSE:NOKShort
by Hambooger
$GME - 0.53 days left to cover. The squeeze hasn't squozen yet.The days to cover has been dropping at a rate of 0.3 per day for the past week. 2 days ago: 1.13 days to cover 1 day ago: 0.86 days to cover Today: ~0.56 days to cover Do the math yourselves. The squeeze is happening either on Friday or on Monday. Also it's possible we will see double digits before things get better. The price is dropping NOT because people are selling, but because brokers are selling the same shares to each other while constantly shorting them which is illegal because it creates more shares than what actually exist. They are trying to cover their shorts in this illegal manner by creating fake shares. The NYSE is aware of the huge amount of shares failing to delivery at ~5million shares right now. It's 50/50. -We either get screwed. -Or they get screwed. I bet 300k e.g EVERYTHING i own on GME at 235. If i had more money i'd buy more. Any dip is a buy. When the squeeze does happen, this thing will blow up to multiples of the current price. Whether you bought at 100-200-400 won't matter. Just DONT SELL otherwise you're giving your shares to these assholes for free so they can cover at 100-200-400 instead of 2k-3k-4k which is what we want to force them to do. There's not enough time for them to counterfeit enough shares to cover their shorts. They can drive the price down all they want, the short will happen as long as you buy and don't sell. I am 100k down. DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE DIAMONDS ARE MADE UNDER PRESSURE
NYSE:GMELong
by leenixusu
2
The uptrend in silver continues!Last week, the opportunity for silver came true. Now the price is in a similar situation. After reaching $ 30 yesterday we saw a correction. We are now looking for its end for new entry opportunities. The expected resistance levels are in the area of the previous peak - 29.85 and in case of a breakthrough 30.82. Fundamental grounds provide opportunities for higher values, so be prepared. Some brokers are changing their margin requirements! If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
FX_IDC:XAGUSDLong
by ForexTrendline
2
$GME - Monthly Chart on GameStopSince this went up soo much, sooo fast & made such a loud noise in the market.. I had to switch the chart over to a log view & monthly candle to get a good perspective on GME. Anyhow, IMHO If you were long back under $40, I would be managing risk & ensuring profits are made with conditional stop-limits. Would suck to ride this bad boy all the way up then back down :*( - Seems like the boys over on wsb reddit really upset the bic bois over on wallstreet this time and played them at their own game.. Only this time it is clear to see who is in the wrong... Short interest & the backend tells it all.. too much noise = putting restrictions & regulations on more stocks / investment vehicles to prohibit the small guys from winning... SHHH XD Anyhow GLTA, back in 1/20/20 I thought Gamestop was going bankrupt especially with corona & all the chaos in the market and that was before the back.. Now the stock is up over 4200%+ since that bearish post idea... too bad GME Bearish post idea I took a look into the options & yup the premiums for the calls are insane. XD had the chance several times to hop aboard but I guess bringing too much logic to the market is BAD... Well still think its awzsome stonkz only goez up right? Keeping an Eye on some put contracts for GME at this point but only risking what I'm willing to loose 100% of. $GME 1/21/22 $10 Puts $ 5 Puts .GME220121C10 Holy, GGZ to whoever got in under 2.00 for an over 10k% gain :o Personally, I would be very careful having too much money in GME or AMC stock as they are doing wacky things. We will see who comes out on top. Craziness & GGz to all who changed their life off these types of plays! NOW PROTECT THOSE GAINZ! :)
NYSE:GME
by AaronX
GME-GAMESTOP preparing for next LEG UP?Gamestop army does not plan to sell as soon as evidenced by the decline in volumes in the consolidation triangle. No shorts are closed, but no new capital arrives. I see the potential to drop to $ 180, where the fibo value will be 0.786 - typical of a triangle. The last lower high occurred at 786 as well, and in the event of a rebound from MA100 30min, the pulse can create a new All Time HIGH! Will we see the power of the graph in conjunction with a unique idea? The logarithmic graph indicates the continuation of the trend. #WALLSTREETBETS
NYSE:GMELong
by Tradify_Seb
1
The GameStop Reckoning has just begun.History favors the bold. Stories are never written about the meek or the weak. No, history favors those who bleed and donate their flesh to follow their conviction. Who here lost money in the 2017 Bitcoin bull run? I was newer to trading and brand new to crypto at the time. WIth my eyes full of stars and dollar signs, I loaded up my Bitmex account and when to town on an over leveraged long position. Within 12 hours, I’d been liquidated for the first of many times. Crypto was the bloodiest learning experience a novice trader could encounter and for that, I’m truly grateful. GameStop is an interesting beast. If you don’t know the story of how we arrived where we are, you will not learn that here. I’m going to briefly discuss what I believe will happen and provide some light for newer traders. GameStop’s fundamentals changed significantly. From almost knocking on bankruptcy’s door in March to Ryan Cohen taking three seats on the board, closing down shops and Dr. Michael Burry himself taking a huge position, things have changed big time. The media refutes this though. They have the same info we do but are spinning a totally different tale. Things to consider: 1) how many other stocks are being shilled and pumped as the next GameStop style short squeeze (silver anyone?!) 2) the media alleging that big players already closed their shorts. (Hi! Where is the volume showing this?) 3) very low volume on this move down compared to the explosion of volume that confirmed our recent move up. 4) very new accounts popping up on Reddit in a certain forum, some alleging the sky is falling in GME, others weaving tales to draw sympathy for those poor, poor hedge funds who’s feelings we hurt. 5) short interest date is incomplete, vague and downright misleading. I believe we are seeing a small correction due to margin req’s through the roof for GME, robbinushood allowing investors to buy one share a piece (if you forgot, we are too stupid and poor to take risks in their opinion) and other brokerages limiting trading as well. This correction in conjunction with the paid for media FUD machine REEKS of what they did during the election, the early days of Bitcoin and really anything else that threatens the status quo. New traders, do you want to be a part of history or would you rather have yet another missed opportunity to tell your friends and family about? History requires us to bleed. No tales are written about people who hid and waited for the storm to pass. Hold strong. The monthly candle is quite telling. I think we see a small pause and then a green ripper towards the riches in Valhalla.
NYSE:GMELong
by Gameonanon23
5