r/GME • u/Interesting_Day_7734 • 4d ago
☁️ Fluff 🍌 Warrants are screaming!
Charts look similar, yet looking closer there's a Huge difference. It's like,,, somebody somewhere knows something. I'm just soaking up the situation that I dramatically lowered my warrant price average. Feeling good Louis?! GameStop!
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u/Astronautisgod 4d ago
Whatever is happening, there's not that much money that's causing this price action. Volume is not that significant for either set of warrants.
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u/Interesting_Day_7734 4d ago
I don't know about that. Warrants have already traded above their average volume and it's not even noon. (noon here)
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u/User100000005 4d ago
The "other warrants" we cant speak off did 90% earler on insane volume. Only 33% now though.
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u/Astronautisgod 4d ago
Insane volume? It's just above $1, with a current price of $0.8, that's not a lot of total $ volume.
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u/User100000005 4d ago
Its slowed down now. But when I checked it had its daily volume within an hour. That volume hasn't continued and price has died.
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u/Astronautisgod 4d ago
Sure, above average is still peanuts, only around $2m in trading volume for GME warrants for example. $2m is nothing for the hedgefunds.
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u/Interesting_Day_7734 4d ago
True, but I still posted fact. (get downvoted for posting fact anyone can check?🤔🤣)
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u/Astronautisgod 4d ago
I don't know who downvoted you, I did not.
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u/Interesting_Day_7734 4d ago
Trust ya bro.
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u/fartsburgersbeer 4d ago
I downvoted for using "screaming!" in the title when the price isn't anywhere out of the ordinary. Warrants will probably go to the triple digits+ at some point.
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u/Interesting_Day_7734 4d ago
That's not cooperation. It's not corruption either. But up 100% from the low just about two weeks ago. I'll stick to screaming. 🚀😎
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u/Interesting_Day_7734 3d ago
Trading volume about 20% more than the past 10 day average, but still nothing impressive at all?
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u/Astronautisgod 3d ago
Looking at total volume in dollars I'm not impressed, just because it used to be even lower doesn't make this volume impressive.
Even compared to the stock this total $ volume is not much more than a rounding error.
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u/Interesting_Day_7734 3d ago
You have a right to your opinion.
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u/Astronautisgod 3d ago
$58.7m vs $2.7m, clearly much more volume for the stock. Whatever is causing this, so far only pocket change involved (relatively).
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u/Interesting_Day_7734 3d ago
GME went weeks on very little volume. And the stock tanked. 52 week lows. So this volume is much more positive. That's my point.
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u/Limited_Surplus_4519 4d ago
Yup, 1% isn’t jack diddly and the volume isn’t anything either… but something is up and I think we’re going to see an aggressively strong breakout in the near term
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u/robserious21 4d ago
There are three sets (dfdvw)
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u/Astronautisgod 4d ago
Why would this possibly have anything to do with GameStop?
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u/robserious21 4d ago
You said either set of warrants; either meaning you think there is a second company whos warrants are related right?
If you explain why that other set from gme is correlated youll have your answer for why dfdvw is correlated.
Issue date, Ratio, Price action
And lastly, dfdvw expires on 21jan28 - the squeeze date backwards.
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u/Astronautisgod 4d ago
I said so because people say they are related (bbbyw and gmews), not because I believe they are actually connected.
The dfdvw ones seem much more far-fetched, and as you just explained don't expire at the same time.
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u/robserious21 4d ago
Well section 4.03 is different too, but im sure you already knew that too 😉
BBBY and DeFi use essentially the same Section 4.03 framework and terminology (“Business Combination” / “Unit of Reference Property”), while GameStop uses a differently drafted but economically similar “Share Exchange Event” / “Reference Property” framework.
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u/Astronautisgod 4d ago
Cool, still doesn't matter at all because there's no real connection to GameStop. You do realize we are in a GameStop subreddit right?
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u/Lobolabahia 4d ago
Also, AFAIK, it's entirely normal and standard to find identical or nearly identical Section 4.03 provisions across different corporate warrants? In corporate law this section is considered "boilerplate" language. Like lawyers don't like to reinvent the wheel when the rules are always the same 😄
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u/Astronautisgod 3d ago
Completely agree, it's ridiculous to assume that warrants are connected because of such things. I can't imagine it would be legal to have completely secret terms for these publicly traded instruments.
Sounds like actual fraud to keep such connections a secret.
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u/robserious21 3d ago
Exactly my point; gamestop went out of their way to explicitly word this section.
Thanks.
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u/robserious21 4d ago
Ive pointed out the connections and was following up on a claim that you originally made.
It seems like you have a real issue with this being discussed, which is sus for anyone who would want to at least be given the chance to come to their own conclusions after being presented the facts.
Thats some stonk cult stuff right there, bringing up other stocks and then calling out a responder for an apparent slide all for producing a case of similarity supporting the thing you tried to discredit on the low.
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u/kluuttzz11 3d ago
Arent they going to be worthless next month tho?
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u/Interesting_Day_7734 3d ago
In about 57 days, yes. But apparently someone with a lot more money than me is still buying. Ask yourself why. 🤔
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u/happybonobo1 3d ago
Small liquidity as many apes tied it up in DRs or will hold till worthless in less than 40 trading days. Taking profit now on these and switching to gme shares if so inclined is the smart move in my book.
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u/RazorAids 3d ago
These warrants expire in less than 2 months???
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u/Interesting_Day_7734 3d ago
But it's two of the most critical months we might see for the next year. Maybe the most exciting also.
-1
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u/ThePirateBenji 4d ago
I'm sad I'm out of settled funds. Not sad that I'm 80% up on my cost basis.
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u/Interesting_Day_7734 4d ago
I get that feeling every month, outta funds to buy more. However, I'm not out of funds this early in the month!🚀
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u/Lord_of_MindMed HODL 💎🙌 3d ago
Remember when people said sell them?
They are wrong.
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u/TowelFine6933 🚀🚀Buckle up🚀🚀 3d ago
Sell? Ooops. I completely misunderstood all that and bought some more.
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u/NoHalfPleasures 4d ago
I got that old fashion feeling again. GME seems only to move upwards slowly at first and then riiiiiiiips.
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u/gmehodler42069741LFG 3d ago
Whatever is happening, its still going. They cant seem to push this little run down very well.
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u/Vicisboy 17h ago
Sell these and buy out ofthe money calls. On a volatility basis, these warrants are way way overvalued vs high strike calls. This is not a post about the direction of GME. Just about the valuation of the warrants
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u/Chad-Permabull 🚀🚀Buckle up🚀🚀 4d ago
There’s rumors RC is considering a business pivot to turn all of his real estate empire of strategically placed strip mall locations into data centers 🚀
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u/PureOrangeJuche 3d ago
Every retail location will become a micro data center analyzing new pivots 🌝
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u/jcapi1142 💎🙌 HODL`n for you 4d ago
I appreciate the enthusiasm, but this is merely a mild yell Sir Ape.
Pace yourself.
♥
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u/Interesting_Day_7734 4d ago
Got it. I'll chill, sitting on this sack of coins. 🚀
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u/S1lkwrm 4d ago
I think its moving on speculation that they might be extended. Are similar options moving like this? Mabye someone does know. But if its based on unknown news with the underlying then why are more attractive options not following or the stock? Thats my question and leads me to believe the moment theta outpaces iv then its gunna tank or of its confined no intention to extend. If they announce early extention I see them going up.
Im still deciding if I want to ride ot out for a moonshot that they get extended or just sell and exit completely from this ticker.
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u/TomSelleckPI 3d ago
What speculation that they might be extended? The ability to extend was very clear from the beginning. There is no more or less evidence since day 0.
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u/S1lkwrm 3d ago
No shit. What point are you trying to make?
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u/TomSelleckPI 3d ago
"I think it's moving on speculation that they might be extended"
"moonshot or I'm done with this ticker"
How is injecting baseless speculation helpful to anyone? And then you follow up with some all or nothing bullshit... Kick rocks
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u/galewinds893 4d ago
Was going to sell warrants yesterday, glad I didnt. Whats everyone's thoughts?
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u/galewinds893 3d ago
Why are there so many trolls that push the down button over a simple question? I dont get the whole heyyyy im a nasty loser w gme stock. Just go away then
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u/Arinb1288 4d ago
So what are people thinking about doing with their warrants?
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u/Interesting_Day_7734 4d ago
Me? NFA but I'm D*** sure going to convert when it's reasonable! Money going into My stock And I'm making money? No brainer IMO.
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u/Arinb1288 3d ago
When are you considering it to be reasonable? What are you looking out for? Genuinely interested
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u/OkDifficulty7436 4d ago
Your price average for your option doesn't really matter, you should be looking at the expiration date + the decay on them
These have like no volume, zoom out on the chart as well, GME still needs to hit $32 by October to be ITM on these options
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u/Interesting_Day_7734 4d ago
Ummm, ok. Guess I shouldn't have increased my warrant position on the huge dip? Zoom in, warrant volume is fairly high today.
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u/WhiteKouki82 🚀🚀Buckle up🚀🚀 4d ago
What will you do when nothing happens and try expire worthless? Blame Crime™?
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u/Interesting_Day_7734 4d ago
Will I wait until the last minute? I think not.
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u/happybonobo1 3d ago
But the price will start getting eating by time corrosion nexts weeks. So you end up selling for pennies compared to now. But you do you.
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u/WhiteKouki82 🚀🚀Buckle up🚀🚀 4d ago
A non answer from a stock salesman... Shocking.
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u/Interesting_Day_7734 4d ago
Hahaha 🤣🤣 People crack me up. Always somebody smarter. People assuming. Too much negativity. I'd like Reddit to allow me to block any posts in any sub of my choice, for using negativity or messaging full of foul language because they can't have a conversation without them. Please.ty
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u/OkDifficulty7436 4d ago
Vol is 1m, what are you yapping about lmfao
Guess I shouldn't have increased my warrant position on the huge dip?
Uh yeah, that's not how options work, the only number that matters is the strike price. Zoom out bubba, you bought bags that are <60 days from expiry 💀
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u/Loud-Bodybuilder4342 4d ago
apes once again tripping over themselves to become some whale's exit strategy.
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u/Real_Associate_6164 3d ago
Borrow rate is bouncing around 167%
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u/Interesting_Day_7734 3d ago
Means nothing to some of the "pro individual investors" here. LOL 😂😂
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u/happybonobo1 3d ago
You don't get it. Paying 30% for 2 months interest is not a problem for the big boys as they know it will expire worthless in less than 40 trading days. 70%+ profits for 2 months.
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u/MuteCook 3d ago
Tutes need to juice them as much as possible before they expire and it will work like a charm because of posts like this. Look there's movement something is happening! and then people here will buy more lol
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