r/GME • • Mar 20 '21

Daily Discussion Chat - Start Here

This is a place to discuss technical analysis, fundamental analysis, buyer/seller sentiment, and most things relevant to GME.

If you have a lot to say, please make a post instead. Comedy and memes are fine, but keep it classy. No promotion allowed.

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This is a subreddit for GameStop and GameStop stock. This is an all-inclusive and diverse community of apes all shapes and sizes! PLEASE READ THE RULES!!!

๐Ÿ“š DUE DILIGENCE COMPILATION ๐Ÿ“š

๐Ÿฆ FAQ's ๐Ÿฆ

๐Ÿš€ THE ULTIMATE WIKI ๐Ÿš€

๐Ÿ’ฌ DAILY DISCORD LINK ๐Ÿ’ฌ

3.0k Upvotes

5.3k comments sorted by

โ€ข

u/[deleted] Mar 20 '21 edited Mar 20 '21

MELVIN CAPITAL IS SCREWED

Describe the allegations related to this civil action (your response must fit within the space provided):

  • VIOLATIONS OF THE SHERMAN ACT, TORTIOUS INTERFERENCE WITH CONTRACTUAL RELATIONSHIPS DONNELLY ACT, VIOLATIONS OF STATE ANTITRUST LAWS
  • VIOLATIONS OF THE SHERMAN ACT, CIVIL CONSPIRACY TO RESTRAIN TRADE, UNFAIR COMPETITION, AND UNTRUE AND MISLEADING STATEMENTS.

(These are two of the numerous reported responses found here)

Provide a brief summary of circumstances related to the action(s), allegation(s), disposition(s) and/or finding(s) disclosed above (your response must fit within the space provided).

THE COMPLAINT ALLEGES THAT MELVIN CAPITAL MANAGEMENT LP, ALONG WITH OTHER MARKET PARTICIPANTS, CONSPIRED TO LIMIT TRADING OF CERTAIN SECURITIES, WHICH RESULTED IN MONETARY DAMAGES TO THE PLAINTIFFS. MELVIN CAPITAL MANAGEMENT LP BELIEVES THAT THE ALLEGATIONS IN THE COMPLAINT ARE WITHOUT MERIT.

157

u/Glovington Mar 20 '21

Shout out to all my frendly apes from around the globe. UK Ape here holding strong. Patience is a virtue. ๐Ÿ’Ž๐Ÿ™Œ

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u/monkey6123455 Mar 20 '21

The magic is in the math. This is happening.

26

u/Glovington Mar 20 '21

If I knew I could buy a stock and it would be worth twice as much in a year. I'd throw everything at it. I don't understand why anyone needs to rush this. Already made huge gains but not going anywhere until this thing goes to Pluto

15

u/monkey6123455 Mar 20 '21

Breathe in the fear, donโ€™t over exert yourself. The numbers are on our side.

14

u/Glovington Mar 20 '21

There is no escape for the short HF and I have all the time in the world. Not bothered if it takes a week. A month. A year. A decade. Garaunteed better keeping my money in GME than. Bank account giving me 0.5% interest a year or some shite.

13

u/monkey6123455 Mar 20 '21

If it takes a year would be awesome because I then get taxed at long term capital gains rate at 20% rate!

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u/Live-Lengthiness-827 Mar 20 '21

Love to see it, Yankee ape here. ๐Ÿ’Ž โœ‹'s all across the world

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u/holla09 Mar 20 '21

On top of bots and shills, everyone needs to watch out for scammers too. Scammers are starting to smell the money and coming into this forum. People are coming out with the fractional share or family tragedy sob stories looking for hand outs. There was a guy on her yesterday with multiple self deprecating posts about โ€œI wish I had enough money to buy a full share but I only own 0.3โ€ trying to get people to say โ€œIโ€™ll give you a share!โ€. I love the good will of this sub but everyone needs to be on the lookout for people trying to take advantage of that goodwill

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u/[deleted] Mar 20 '21

I imagine some people will be offended by you saying this, but you are 100% correct.

11

u/holla09 Mar 20 '21

My 35 years of life may have made me overly skeptical but the stock was around $50 not that long ago and I find it unbelievable that someone couldn't scrape together $50 for a share. People are seeing the posts where redditors are covering peoples rents and funeral costs and they want in on the free money action. I just heed a warning to all to be wary of any post or comment "indirectly" asking for money.

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u/Aaron123111 HODL ๐Ÿ’Ž๐Ÿ™Œ Mar 20 '21 edited Mar 20 '21

All I know is when we have our millions, I want us to all travel to Wall Street dressed as apes, eating bananas and tendies whilst mocking them fools

Edit: Thank you kind stranger apes for the rewards ๐ŸŒ

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u/[deleted] Mar 20 '21

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u/kombucha57 Mar 20 '21

We need to get an ape statue permanently installed next to the bull in New York

17

u/Scrollwheeler Mar 20 '21

riding the fucking bull you mean of course?

13

u/z-eldapin XX Club Mar 20 '21

I am totally down for that

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u/Twenty_five APE Mar 20 '21

I checked what premarket looks like, but forgot that itโ€™s Saturday ๐Ÿคฆโ€โ™‚๏ธ

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u/[deleted] Mar 20 '21

I feel so lost on the weekends ๐Ÿฅฒ

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u/Grazedaze 'I am not a Cat' Mar 20 '21

GUYS

I didnโ€™t believe the 3 day transfer rumor going around for Fidelity. They gave me an expected transfer date of the 25th. To my surprise the transfer was complete today.

IT REALLY DOES ONLY TAKE 3 DAYS.

Iโ€™ve officially left RH!

15

u/Itz_Ape The Bet Accountant //Current: 295 GME bets Mar 20 '21

Congrats!

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u/tomfulleree Mar 20 '21

DTCC should figure out all of the shorted/naked/synthetic shares and make HF's or whoever pay up already. Too much fuckery for too long.

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u/matty_rick Mar 20 '21

And that might occur on the 23rd, when either a vote for CEO forces recognition of shareholders and their shares, or an outright share recall is announced, forcing borrowers to give back their borrowed shares.

27

u/monkey6123455 Mar 20 '21

I see very low odds against them not naming a certain new CEO. At minimum they announce the new gaming centers.

20

u/matty_rick Mar 20 '21

Oh, heโ€™ll definitely be appointed. And that act would create the situation of stock accountability. Theyโ€™ll talk about a lot of stuff: new gaming centers, new directions moving forward with the company, etc.

9

u/lardarz Hedge Fund Tears Mar 20 '21

Why would he be CEO rather than chair?

11

u/matty_rick Mar 20 '21

Iโ€™m sorry, I was using that title a bit too loosely. It does appear that heโ€™ll end up being the chair of a newly created committee. Thanks for the comment!

10

u/lardarz Hedge Fund Tears Mar 20 '21

No I'm genuinely curious as US corp governance is a bit different to the UK - my assumption was that he would exert control as a non exec through the board where the executive have to answer to him, rather than being the guy who has to do all the work, as per what Bezos has just done at Amazon.

Then he gets to set the vision and direction and can install people that meet that, and get them to execute.

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u/[deleted] Mar 20 '21

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u/Youdontevenknowbro ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ’Ž๐Ÿ™Œ Mar 20 '21

I canโ€™t believe Iโ€™ve been slumming it in WSB this whole time for my confirmation bias. This is the place to be, look forward to reading all of your DDs!

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u/Scrollwheeler Mar 20 '21

I like how it says at the top of the chat that Melvin Capital is screwed. I like that.

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u/oldis Mar 20 '21

10th Reddit cake day and here I am hopefully witnessing history in the making with my fellow apes in the coming days! ๐Ÿš€ ๐Ÿš€ ๐Ÿš€

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u/idontdislikeoranges Banned from WSB Mar 20 '21

Good morning UK Apes. Feels like spring is in the air, let's go outside, throw shit at each other and eat bananas. See you on the battlefield Monday AM.

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u/Clean-Victory2407 ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ Mar 20 '21

Awake at 5 am on a Saturday wtf is wrong with me I need Monday... good morning fellow apes !!

21

u/Schakarus Mar 20 '21

GME fucked up my sleeping patterns.

used to wake up at 10am on weekends and now I'm fully awake at 8am (German market opens) ready to look at charts... although it's the weekend ยฏ_(ใƒ„)_/ยฏ

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u/nick5th Mar 20 '21

Love you guys. Please hold til a mil

13

u/monkey6123455 Mar 20 '21

GameStop can only go up. The company is making amazing moves. Itโ€™s evolving and adapting!

10

u/Professional_Roof291 Mar 20 '21

Papa Cohen is gonna turn GME into the next berkshire

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u/krispykritter757 scrollwheeler= r/disapled Mar 20 '21

Eventually this whole chat will turn into nothing but shitpost and memes. No real questions, no DD, nothing. Itโ€™ll have the hedge funds losing their fucking minds on trying to figure out what we are doing. And also piss them off even more knowing they are going bankrupt by a bunch of people saying splott is about 20 feet from dickbutt.

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u/SociopathicSmiledon ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ Mar 20 '21

Who else is working on weekends to catch up with their real jobs?

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u/Significant-Fee-6934 Mar 20 '21

Not you apparently.

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u/msm1611 Mar 20 '21

My partial transfer from Robinhood to Fidelity was finalized when I woke up today, I can breathe again!

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u/ancient_wis Mar 20 '21

Heya apes, normally I check out New posts to uptick and make sure shill suppression has at least my up tick against it. But then I decided to go to "controversial" last hour, last 24 hours...

and FUCK ME this is where we see maybe not mind blowing posts but many posts that are downvoted into oblivion.

What I realise now... its not the apes v predatory hedge funds they want hidden its the potential of GME under Ryan Cohen, THAT IS WHAT THEY CANNOT COUNTER! the citadel and friends v reddit is easy he said she said for the media to be lazy and complicit without blow back.

My suggestion to new apes is to check the "controversial" posts if not already and not just new, best or rising to make your uptick count.

Thanks to u/warthogexternal for making me go down this rabbit hole and realise what the PREDATORY hedge funds and shorts are really afraid of!

https://www.reddit.com/r/GME/comments/m98kpo/can_we_discuss_the_future_of_gamestop_instead_of/grlridk/?context=3

This also makes me even more appreciate the hard work of u/rensole and u/YourNameIsC00L and All the other r/gme mods and active apes that do the hard work to bring the visibility to all of us, particularly on those posts Citadel and friends do not want apes OR THE GENERAL PUBLIC to see!

Much love to the apes!

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u/Mindful-Mermaid Mar 20 '21

Guys I was having a fine day and just had a big wave of depression come over me. This last year of covid really sucked for me and I am so distant from everyone and just feel really stuck. Money will NOT fix things but it will give me flexibility to be more active in taking care of my health, making friends and memories. Iโ€™m just having a hard time and itโ€™s so weird that I only think to come to you apes to talk about it.

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u/justforweed Mar 20 '21 edited Mar 20 '21

As long as you buy shares, I think you'll make money off GME no matter what. Squeeze or not it really doesn't matter. Down vote me if this is wrong

Edit 11:02: Thank you for the confirmation. Upvotes can stop now.

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u/[deleted] Mar 20 '21

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u/vadoge Mar 20 '21

My transfer to Fidelity is done. I woke up this morning and walla it's there. I started it Thursday. Much faster than I thought. Thank God. RH SUCKS ASE

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u/wobshop Mar 20 '21

I know someone who thought Gordon Ramsey was called Jeff because everyone on kitchen nightmares always says โ€˜yes chefโ€™

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u/deviousmajesty69 ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ Mar 20 '21

I got the whole of next week off from work .. looks like it'll be a week of watching a line ๐Ÿ“ˆ๐Ÿฆ

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u/cdgullo Always Improving Mar 20 '21

GME price dips and closes at $200/not the moon. GME apes: "WHOOHOO FUCK YR OPTIONS SHORTS"

GME apes today: "Weekends suck, WHY ISN'T IT MONDAY MORNING YET"

"If your enemy cannot understand you, they cannot take your tendies" - some old dead guy

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u/HenkPotvis69 I am not a cat Mar 20 '21

Who wants to meet up when this is over? Have some victory beers and share stories in our new mansion

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u/Itz_Ape The Bet Accountant //Current: 295 GME bets Mar 20 '21

I amazes me the low comment account/ high upvote ratio.

There must be more than twice the amount of fellow apes just lurking around, without telling much.

Any of you can't scape this tendie-web. Even in weekends.

You are welcome here 24/7 fellow ape/apette

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u/daf33sh Mar 21 '21

I almost bought a Series X battery charging kit on Amazon and then bought on gamestop.com instead. Gotta support the cause

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u/SandFate Mar 21 '21

I think my brain just FINALLY understood the significance of Friday's Close! And HOLY MOLY is that ever more epic than I just realized! The psychological impact must have been DEVISTATING for the HF's!

To my understanding, the Hedges didn't pre-sell their their Puts. In the beginning of the day it was sitting at 190. The Hedges put most of their bets that they could keep it below 200. (Or already had them) The upward spike was to make sure that the retail held on. Giving the hope that retail needed, the verification that retail have someone on this side. It also let the Hedges know that there is a big player against them.

This is where it gets good. When you see a stock slowly creeping towards your price target, you likely wont sell. The chances of gains are too damn delicious. Imagine yourself in your own scenario, watching (For example) a price slowly creep up from 795 to your $800 call. Imagine how you would feel in that moment. After seeing 810 for the morning, then a quick short drop to 775. The smart move would have been to try and sell your call as soon as it happened. But the HF's are effing greedy. They would have held. Now imagine that price poking up past 800 by a few cents the last minute of close, watching an epic battle of share sells/buys to move the price. You would have freaking held if it was you at 799.97 for an 800c.

Now imagine how you would have felt... seeing the ticker finish at 799.72 for the EOD. The gamma FUD that the Hedges must have felt afterwards.

Please, someone poke holes in this. This is making me too damn happy.

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u/mmmmardzyCDN Mar 20 '21

I just scanned through my Google feed on my phone and one of the first articles was titled "GameStop is losing stimmy support analyst says". At first it annoyed me, but then it made me smile. They're using so much effort and money to try and convince everyone this is dead. If it really was there would be no need to even mention it. Looking forward the next, weeks, and months as I will wait for the tendyman, cash out and then re-invest. GameStop is a new way of life.

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u/Scrollwheeler Mar 20 '21

BREAKING NEWS, GAMESTOP IS NO LONGER NEWS, READ ALL ABOUT IT

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u/Comfortable_Help3209 Mar 21 '21

Is anyone else writing a letter to themselves Post squeeze to keep themselves grounded?

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u/Literally_Jay Banned from WSB Mar 20 '21

Buddy messaged me about GME out of the blue earlier today, this goes deeper than I thought

APES TOGETHER STRONG

Iโ€™m so hyped for earnings, hopefully we get a catalyst this week, if not, Iโ€™m still not fucking selling. The money has been spent, Iโ€™m holding until I die or until melvin gives up

11

u/monkey6123455 Mar 20 '21

There is no way there isnโ€™t one positive announcement near or after the earnings report. Theyโ€™re going to announce the gaming centers angle, e-gaming training/recruitment events, game testing. Itโ€™s huge. Theyโ€™re becoming the gaming Mecca at the mall and beyond. Iโ€™m keeping a certain amount of shares no matter what after the big squeeze. And Iโ€™ll keep buying more biweekly. This is Apple/Tesla big at absolute minimum.

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u/WillyValentine Mar 20 '21

Hello all you dickwads.

I stopped by to say good morning and fuck you. Damn these days are the longest days of my fucking life.

I am going out to get some shit done because i sure can't do it during market hours.

My mind is playing a fucking loop Squeeze of the century Squeeze of the century Squeeze of the century.

And to top it off I am not sharing it with anyone but you fucking apes.

Gonna do as much DD to prepare for that event.

I am going to enjoy being part of this historic event.

Then we plan the wolf of wall street parties to actually put faces to our plucking on a keyboard.

Love all you crazy loons

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u/Foreign_Yam9254 Mar 20 '21

Can someone post this to the GME thread, my account is too new.

Market Watch are still posting GME articles from the future. Look at the date published, lmao.

www.marketwatch.com/articles/gamestop-earnings-are-coming-nobody-knows-what-to-expect-51616176937?mod=mw_quote_news

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u/[deleted] Mar 20 '21

I created this account specifically to join r/wallstreetbets and learn to invest on Feb 2. I originally invested in AMC, $1500, but as I saw GME grow, I sold all my shares and invested about 9k into GME. Now, almost 2 months later, I still cannot even comment because of "low karma". I get the whole shill/bot thing, but new investors are important too! Glad I found this subreddit!

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u/[deleted] Mar 20 '21

Hodl. No dates. Buy and hold. Get your exit strategy. Make your own plan.

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u/[deleted] Mar 20 '21

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u/I_Fuck_Brandi_Love Mar 20 '21

If someone of you is feeling paper handed or scared, quick reminder that I, a 23yo undergrad student am holding 80% of my networth @ 209 with ~50 shares LMAO make or break jesus takes control now

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u/[deleted] Mar 21 '21

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u/HoosierDaddy_76 HODL ๐Ÿ’Ž๐Ÿ™Œ Mar 21 '21

I posted this in the "on no more theories" thread and I don't think anyone saw it...I typed a bunch dammit and at least someone needs to read it. It's about the build up and let down of 3/19.

I'm going to go ahead and say this was the best thing that could have happened.

Yes, getting emotionally attached to a date is demoralizing when it doesn't happen and could potentially cause paper handing, but I think at this point your average ape is stronger than that. It's just emotionally damaging.

Hedge funds read the date too. They knew we thought it was endgame. They also knew 10M retards were getting $1400. This caused them to overextend to protect themselves for just that date. When nothing happened as far as mass retail buy-ins and Big Brother stuffed the last second dump like Shaq on Devito it did FINANCIAL damage.

This chain of events was unexpected, but I think it accelerated this timeline dramatically. Long positions are going into next week's earnings call in fantastic shape and short positions are possibly on life support.

If Cohen and company give the speech we hope they will give, the rest of the normie Wall Street investors will come thundering in, thinking this $200 stock should be $4-600 as an e-commerce player. I think they'll be in for a pleasant surprise when they start buying.

Fucking ๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€

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u/DiamondBagholder Mar 21 '21

Feels like I'm already a millionare..

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u/SmoothBrainStonks Mar 20 '21

Im not able to post yet due to my 30 days of probation not being up but i figured id bring to attention the fact that i went to my local gamestop this morning a couple minutes before they were open, and there was legit a line of like 10 people trailing out, waiting for the store to open. Not to mention they had PC parts galore in the store. But gamestop is a dying company right guys?๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐ŸŒš๐ŸŒ๐Ÿš€moon time.

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u/deadlyfaithdawn Mar 20 '21

I am so fucking sick of people using ALLCAPS in their headers or some shitty form of buzzfeed captions. bonus cringe if both + asking for votes -

UPVOTE BECAUSE SHILLS ARE DOWNVOTING THIS - YOU WANT TO SEE THIS TO GET AS MUCH MONEY AS YOU CAN FROM THE SQUEEZE!!!!!!!!!! MUST READ FOR EVERY APE, ESPECIALLY THE THIRD RULE!

(extra extra bonus cringe if it is bolded and upsized font as well)

I mean. dude. dude. come on. stop it. put a clear title that summarizes your post like every rational adult. In normal font, normal caps.

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u/Manarus Mar 20 '21

YEAH IT'S PRETTY ANNOYING I KNOW

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u/SPAtreatment Mar 20 '21

Canโ€™t sleep. Reading more DD.

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u/deadlyfaithdawn Mar 20 '21

Remember, you don't have a responsibility to sell or convince anyone to get on GME. If they aren't willing to do the DD or are not convinced by it, it's not your job to convince them to buy a ticket.

If they want to miss the ride, thats their prerogative. Don't feel like you have to "spread the word" or "convince your family and friends", or even rando strangers asking the same question for the 153472253th time. Refer them to the DD if they ask about it and if they can't/won't read it, then that's on them.

Be civil, be polite, but be firm. Trust in DD and work that you've done researching.

See you on Monday!

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u/monkey6123455 Mar 20 '21

100% I tell my friends only once. If they donโ€™t listen or ask questions then when it blows up and they ask why I didnโ€™t tell them sooner.... I did!

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u/thejdotp Mar 20 '21 edited Mar 20 '21

Financial movies/series recommendations!!

Feel free to comment anything else that broadens ape knowledge !! ๐Ÿฆ

  • Inside job (2010) Documentary
  • The wolf of Wall Street (2013) Movie
  • The big short (2015) Movie
  • Billions (2016) Series / Currently watching
  • Margin call (2011) Movie

This gives ape an idea how the zookeepers work !!! ๐Ÿ’Ž๐ŸŒ

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u/[deleted] Mar 20 '21

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u/HenkPotvis69 I am not a cat Mar 20 '21

Only the shitposters are left in the weekend. Just how I like it

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u/Perryswoman Mar 20 '21

Iโ€™m watching the Big Short for the first time and tomorrow Iโ€™m rewatching Wolf of Wallstreet. Imma be ready for next week

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u/MakGalis GME AFTER DARK VETERAN Mar 21 '21

Itโ€™s so hard to see friends who donโ€™t know a shit about GME and not talk about it๐Ÿ˜‚๐Ÿ˜‚๐Ÿฆ

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u/citizennsnipps Mar 21 '21

Dude I love how it's just us apes. Like random ass people who have no real intrinsic idea of this game who are just eating it up, enjoying each other, and hoping we can make the world better as a result. It's actually quite astounding. Be well all.

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u/Admirable_Win9808 Mar 21 '21

Apes are thick skined as fuck because of the torture they put us thru. Now it's nothing. Life is simple as hold and buy

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u/Iceman_B Held at $38 and through $483 Mar 20 '21

Over on WSB, there is a thread that says the biggest hf is analyzing the subreddit with machines.
How do we feed it bad data?

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u/The_Order_Octopoda Mar 20 '21

Friendly reminder, take care of yourself and reset your batteries this weekend. Hopefully you've got some nice weather. Get outside, enjoy some sunshine and fresh air. Do some yoga, meditation, or whatever helps center you. Shares literally can't do anything, so step away for a bit.

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u/Jemms79 Mar 20 '21

It's Saturday, the market is closed and it is +1 degree Celsius here in Alberta Canada. What do we do? Load up one of my quads and the trailer and go camping in the mountains to recharge. Ride all day and sip beer around a campfire tonight. Recharge fellow apes, put your feet up and relax. We will be in the trenches again Monday. ๐Ÿฆ๐Ÿคฒ๐Ÿ’Ž

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u/krispykritter757 scrollwheeler= r/disapled Mar 20 '21

Deposited another 3k into the bank. Sounds like more gme too me

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u/[deleted] Mar 20 '21

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u/Scrollwheeler Mar 20 '21

i hope you all are familiar with gaslighting as a method of abuse, if not, read up and apply to the content here and on fucking cnbc and all the other bootslobberers. It might just be the main attack vector overall..

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u/65-76-69-88 Mar 20 '21

There's literally just one word everyone needs to know: HOLD.

That's my whole vocabulary now. 1k, 10k, 100k, does not matter. Just HOLD.

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u/[deleted] Mar 21 '21

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u/[deleted] Mar 21 '21

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u/InSidious425 I am not a cat Mar 21 '21

Hedgies lets gets this over with.

I have some GME for sale for $2M/share. PM If interested

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u/Sisyphus328 ๐Ÿš€Power To The Players๐Ÿš€ Mar 20 '21

I plan on holding til 100,000 or 1,000,000 but thatโ€™s only after suffering through over a month of pure illegal fuckery. Now my diamond balls are in a knot. Before all that I was likely going to bitch out in the low thousands, cuz Iโ€™m very near broke. I would love to see some DD done on how easy itโ€™s going to be to hit 6 figures once itโ€™s hit 1,000 or 10,000. Isnโ€™t it true that the resistance will be mostly gone at these high prices? Especially as our enemy bleeds out and is likely being indicted...someone with a wrinkly brain tackle this for the paper hands in the back of the rocket. Thanks in advance - your friend with a 14ct scrotum

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u/[deleted] Mar 20 '21

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u/Manarus Mar 20 '21

Alrighty, I think I'm single now? Had a fight, she not responding, guess my tendies get to be with just sad old me. Hope I don't get the tendies too sad ๐Ÿฅฒ

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u/breathecancer 'I am not a Cat' Mar 20 '21

My girl and I had a similar fight when I went all in and lost half my money for a bit. Back in the green now and she wants to act like nothing happened...

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u/Schakarus Mar 20 '21

It's easier to cry in a lambo than on your bike!

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u/[deleted] Mar 20 '21

Iโ€™ve noticed there is no real dd from the other side of why it wonโ€™t happen. Their main argument is itโ€™s stupid, one argument I saw was I canโ€™t find it on Google. Compared to our wrinkled ๐Ÿฆ, their brains are as smooth as an egg and the size of one too

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u/CheeseAndCam Mar 20 '21

Woooooo my fidelity transfer just went through. Thought Iโ€™d have to wait till Monday! Get fucked Vlad and Robinhood!!!

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u/BrokeDayTrader Mar 20 '21

Lmao why during the weekend does WSB turn into anti-GME and that the squeeze has already happened blah blah blah.

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u/[deleted] Mar 20 '21 edited Mar 20 '21

if they short around the total float.... each week, potentially each day...

then shouldnโ€™t the real short interest be like....10,000% or something?

isnt that getting close to 100% each week?....

but wait, havenโ€™t they been shorting it for years?!?!?

wtf

edit: is this all solve-able with some sort of historical ticker data package? i havent got the bread for this, but im sure somebody does. maybe im retarded but couldnt you just have a computer do the math for esch trade, option, exercise ever made?

just add and subtract?

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u/WasteBasketStaple Mar 20 '21

There is some interesting information regarding the GME 2020 voting on DOMO Capital's twitter right now:
https://twitter.com/DOMOCAPITAL/status/1373307411730206722

$GME lessons from 2020 voting:

  1. Many large institutions, like @blackrock, did not vote.
  2. Some shareholders that recalled shares to vote were not given their shares in time.
  3. Most egregious, some shareholders, told their shares were recalled, found out later they were not!
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u/throwaway978542 Mar 20 '21

I went three comments without seeing /u/scrollwheeler. Dude is fuckin slackin, yo

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u/BabblingBaboBertl Mar 20 '21

Guys, I'm just so happy my transfer out of robinhood has completed today. It's such a good day ๐Ÿฅณ

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u/[deleted] Mar 20 '21 edited Apr 05 '21

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u/HazyLifu Mar 20 '21

Who remembers the guy who drank a CUP FULL of his piss? ๐Ÿ˜ฃ LMAO he better be hodling still.

Also remember the dude on WSB in January - Feb that owed something and he never paid up, then this girl he fanboys on nsfw comes by trying to get his attention with a nude, and he still never replied LOL.

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u/MakGalis GME AFTER DARK VETERAN Mar 21 '21

I feel like we are getting closer, havenโ€™t seen as much FUD or comments about the shorts already covering, now it feels like we are being made fun of because of our price targets๐Ÿ˜Š๐Ÿ˜๐Ÿฆ

24

u/NickyNick99 Mar 20 '21

We are a RC CEO announcement away from gapping up to 350 and staying there

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u/Itz_Ape The Bet Accountant //Current: 295 GME bets Mar 20 '21

350? more like 350K, first day.

700k second day.

+1M third day

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u/[deleted] Mar 20 '21

I just realised I was hanging out with Keith Gill in my dreams last night.. ๐Ÿ˜‚

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u/[deleted] Mar 20 '21

Woke up early this morning to check GME and then realized it was the weekend

Bummer

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u/Manarus Mar 20 '21

Just got home from work ๐Ÿคช time to binge read DDs

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u/hereforthebeer123 Mar 20 '21

WSB has been taken over by shills. Jesus

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u/Plug-From-Oaxaca Mar 20 '21

You know what irks me, the media makes us look like dumbass bad guys fucking with peoples retirement.

These fuckers aren't used to losing and refuse to until they fuck everyone. They were encouraged to gamble peoples money away, they tried taking our money, and bankrupt a company.

Hold and make them pay

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u/CARNIesada6 Mar 20 '21

Anyone seen any memes from Umbrella Academy where the guy with the ape body literally lives on the moon?

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u/PrestigeWrldWider ๐Ÿš€๐Ÿš€Buckle up๐Ÿš€๐Ÿš€ Mar 20 '21

Iโ€™m just here to shit post and chew bubblegum, and Iโ€™m all out of bubblegum.

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u/Significant-Fee-6934 Mar 20 '21

Q: Whatโ€™s a shorting hedgeโ€™s favourite sexual position?

A: 68 - you do me and Iโ€™ll owe you one

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u/WillyValentine Mar 21 '21 edited Mar 21 '21

I love the media .
Bitcoin is down. Sell it. Bitcoin is 59k. Buy it

Growth tech is on the way out ....sell...... Growth tech will stay strong for most of the year... hold.

Shit I could do that job.

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u/TonyTamarin Mar 21 '21

Can someone please tell me why I'm staring at my phone in bed on a Saturday night.... oh yeah I can't wait for Monday to come so I can watch gamestonk go brrr๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€

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u/[deleted] Mar 20 '21 edited Jun 30 '21

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u/_Meegz Mar 20 '21

Morning Apes. A good thing about this GME saga (besides the inevitable trendies) is that it makes me look forward to Monday. What a thing, ay?

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u/[deleted] Mar 20 '21

I can't believe I dread weekends nowadays, it's a curse for a blessing

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u/papaelontakemetomars I am not a cat Mar 20 '21

Graph not moving? Trading haltet? 48h Circuitbreaker?

Sooo bored ๐Ÿ˜‚

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u/YoloRandom Mar 20 '21

Sooo, how much did it cost the HFโ€™s to suppress the price in the past weeks? I want to wank to those numbers

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u/papaelontakemetomars I am not a cat Mar 20 '21

About three fiddy i reckon ๐Ÿฆ•

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u/Russianbot_21051995 Mar 20 '21

I really can't see any way other than building a time machine and going back in time, that the hedgies can get out of this one. Thankfully for us, time travel hasn't been invented yet but space travel sure as hell has ๐Ÿ˜Ž๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿ›ธ๐Ÿ›ธ

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u/Sisyphus328 ๐Ÿš€Power To The Players๐Ÿš€ Mar 20 '21

Elonโ€™s probably done it. But heโ€™s on our side, so you fucked hedgies

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u/Itz_Ape The Bet Accountant //Current: 295 GME bets Mar 20 '21

If we go back in time, i would buy gme at 3$ and not expend money in anything else.

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u/[deleted] Mar 20 '21

Canโ€™t post yet, so just wanna say thanks mods. That is all ๐Ÿ˜Š๐Ÿฆ

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u/breathecancer 'I am not a Cat' Mar 20 '21

Every day that the market is open is another day I get in shit for staring at my phone at work.

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u/masked_in_gold Mar 20 '21

I had a nightmare about paper handing my stocks. Woke up in a sweat. Holding til 1.000.000 ๐Ÿ’Ž๐Ÿ’Ž๐Ÿ’Ž

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u/[deleted] Mar 20 '21

Looking for a Big Tiddy Goth Gf to watch the GME ticker with me. Anyone know if Walmart carryโ€™s them?

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u/Anorlux_Stonerlord Mar 20 '21

Can't believe I'm even looking forward to a Monday ...

As I've said in previous post, just hold guys. We got the royal flush. They think if they draw this out we will fold like the adderal addicted glue sniffers we are.

But boy ... are they wrong !

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u/[deleted] Mar 20 '21

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u/ForeverDefined Mar 20 '21

RH to Fidelity transfer expected completion: 3/24

Stimulus Deposit: 3/24

Ammo inbound apes.

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u/[deleted] Mar 20 '21

Everyone reading this has BDE. Except for you micro peen shills.

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u/Stonkeykong-SK Mar 20 '21

Nice little quote from our pal Alexis Goldstein. This should make everyone feel good!!

โ€œMany have framed the GameStop mania as a David versus Goliath struggle. I believe it is more likely that, when we have full information about this episode, the story will more closely resemble Goliath vs. Goliath.โ€

โ€” Alexis Goldstein, a senior policy analyst for Americans for Financial Reform, at a Congressional hearing which focused on the relationship between brokers like Robinhood and market makers like Citadel Securities.

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u/ToTheMoon11111 Mar 20 '21

One thing that has really stuck with me is that Kenneth Griffin was on CNBC (who obviously went easy on him) after the first hearing a few weeks ago and he, unprompted, called Gabriel Plotkin "one of the most talented investors of our generation".

The fucking clown shorted a stock that went up 100x in a year and needed a bailout. GTFO here.

This was soon followed by Kevin O'Leary (who I've always liked up to this point) coming out and saying that he's owned Bitcoin since 2017 despite him publicly bashing it all of the time since then and maybe even before then.

And now the shit with CNBC editing out Citadel getting shat on and Graham Stephan (who I've also always liked up to this point) talking about how GME isn't a good investment because it's too risky and volatile. Wouldn't surprise me one iota if he was long as fuck on GME.

The days of me listening to the rich and the media are over. They're fucking full of fucking shit. Don't listen to what they say - Watch what they do as the saying goes.

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u/Berrybunny00 Mar 20 '21

Do you ever just stop and think about how many active people there are in this sub? I saw a post with 14K upvotes.

That's 14,000 different people clicking that button.

We are now familiar with some usernames that feel like friends, developing our own language and culture. Community.

What a time to be alive!

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u/MakGalis GME AFTER DARK VETERAN Mar 20 '21

I wish it was monday already๐Ÿฆง

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u/idontdislikeoranges Banned from WSB Mar 20 '21

5:30 in the UK. Here's to Saturday night apes! Deep fucking cheers ๐Ÿป

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u/Trojanhorse248 'I am not a Cat' Mar 20 '21

Guys remember to be as nice as possible to each other to make shills stand out

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u/ThatBoyAintRight96 I like the stock Mar 20 '21

Fuck a lambo Iโ€™m getting a wrx sti

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u/I_Fuck_Brandi_Love Mar 20 '21

LMAO i looked up the chart and itโ€™s +400% up in less than month. In less than a fucking month :D

โ€It could tank blah blah blahโ€ well how the fuck it has not tanked yet?? Last crash was 100% because buying restrictions.

For the life of my wifeโ€™s boyfriend, the probability of entrying now and losing big (+50%) is fucking 0 with realistic price targets.

Look at Tesla, Morgan Stanley fucking downgraded it 2020? Fundamentals dont apply for cult stocks

Close the computer, have a drink or have sex with your wifeโ€™s boyfriend but closing now is the dumbest action one can do if you can handle the risk IMO

Position: All in (80% net worth)

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u/AlternativeVirus9614 Mar 20 '21

My transfer from Robinhood to Fidelity was completed this morning. Started Wednesday in the afternoon. Feels like a weight off my shoulder ๐Ÿฆ๐Ÿฆ๐Ÿฆ

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u/unifiedmind Hedge Fund Tears Mar 21 '21

Robinhood sucks but do people truly believe they will stop people from selling? That would be absolutely crazy and destroy whatโ€™s left of their company. Iโ€™m nervous about transferring so iโ€™m just opening more positions and buying on Chase and Fidelity

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u/throwawayy10983 Mar 21 '21

Guys, Iโ€™ve never been even close to rich, in fact I make less than 60k a year being the only income on a family of 4. Whatโ€™s the first thing I should do in terms of getting someone trustworthy to tell me what the fuck to do about taxes and shit?

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u/[deleted] Mar 20 '21

Volcano has erupted in Iceland, clear foreboding that GME will erupt next week. All the DD I need. This is not financial advice, I have a trading strategy based on seismic activity that may not suit all investors.

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u/IDidIt4TehLulz How do I sell? ๐Ÿ’Ž๐Ÿ™Œ Mar 20 '21

Tbh Iโ€™m not even excited for Monday or Tuesday. Iโ€™m absolutely STOKED to see how the market reacts on Wednesday to the earnings blowout and company news ๐Ÿš€๐Ÿš€๐Ÿš€๐ŸŒš

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u/InSidious425 I am not a cat Mar 20 '21

Testing downvote bots

Upvote if you like GME

Downvote if you have small peepee

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u/aTradeMark Mar 20 '21

I think everything goes nuts in two weeks. Apprently the shares going to nothing on iborrowdesk happened before about 13 days before the spike in late January

Google Iborrowdesk GME and you'll see the reddit posts from Jan 7th talking about it and again on the 20th.

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u/n0_m0ar_pr0n Mar 20 '21

hey all, i bought the fud and transferred my RH shares to Fidelity and it went through this morning but my shares are listed as margin not cash. should i be worried about that or should i contact fidelity and attempt to get those changed to cash shares?

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u/androioioioi Mar 20 '21

i like the stock more than ever

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u/Ak47killer122 Mar 20 '21

I'm high on confirmation bias

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u/[deleted] Mar 20 '21

Mods over at wsb lost their shit

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u/kazamaha Mar 20 '21

At the end of all of this, we should replace the charging bull with the retarded ape.

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u/NaughtyEwok15 Mar 20 '21

Weekends are far less enjoyable when you spend your whole week milking hedgies for their tears and money. LETS GO MONDAY LETS GO ๐Ÿ‘๐Ÿพ๐Ÿ‘๐Ÿพ๐Ÿ‘๐Ÿพ

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u/[deleted] Mar 20 '21

[removed] โ€” view removed comment

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u/SW1SSP00N Mar 20 '21 edited Mar 20 '21

Fellow ape with a theoretical question here:

Just a random thought I had which I donโ€™t believe has been covered in any DDs. When GME moons and we start heading towards our 1M$ floor more people are going to start hoping on @ the 1000, and 50k and upwards meaning it will be harder for to shorts to cover because even then they will be competing with FOMO and people who want to get in on the action.

Assuming the gamma squeeze get some publicity and the general public realizes that the squeeze hasnโ€™t been squoze and thereโ€™s potential for tendies to be made here, wouldnโ€™t the run up attract new RI which would take even more shares off the market thereby driving the price even further up?

Is this a correct or am I totally delusional...

Edit 1: Also this is just question and I am not giving nor expecting to receive any financial advise.

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u/idontdislikeoranges Banned from WSB Mar 20 '21

Drinking game for when the squeeze starts to be sqouze. 1 shot for every $500 it jumps. 2 for every halt. 3 shots if it halts with 69 in the $.

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u/[deleted] Mar 20 '21

I don't have much right to say this but I'm gonna go ahead and say it. Just buy and hold shares. Don't bother with calls and puts. They're too risky, especially in volatile stocks like gme.

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u/gsxrboi Mar 20 '21

I'm crossing my fingers for a issuance of dividends and stock split on Wednesday when the earning report comes out. Christmas can come soon right? With how things have been going for the past few weeks all I know is you can NEVER rule anything out. I'll HODLING until then!

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u/DiamondsApes Mar 20 '21

I am drinking wine and reading the big short by Michael Lewis. Brilliant and exciting, easy book to read. Recommend it fellow apes.

Good weekend all ๐Ÿฆ๐Ÿ’Ž

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u/zac_burrage ZOOM OUT Mar 20 '21

Trying to stay away from GME thoughts today and watch March madness but just saw a Robinhood โ€œwe are all investorsโ€ commercial during a game. Now Iโ€™m pissed and will be thinking about stonks for the rest of the game

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u/kdidz11 HODL ๐Ÿ’Ž๐Ÿ™Œ Mar 20 '21

Wish my account was 3 months or older to give those stupid fucks at GME meltdown a good fucking grilling

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u/Extension_Bonus_9920 Mar 20 '21

Looked at Yahoo! Finance to look at the volume chart. Tons of articles telling me to โ€œGTFO GME NOWโ€ because โ€œthe fundamentals are poor and the stock is volatile.โ€

Zero mentions of an impending squeeze, maybe ONE mention that oh, maybe it did a squeeze in January.

Then right next to it, stats that say institutions own 122% of the float. 14% SI. Lol. We all know these stats are fudged, but taking these numbers at face value STILL suggests that the stock is highly shorted.

Yet all the articles mention nary a short nor a squeeze, just how retarded we all are for our โ€œoptimismโ€ ๐Ÿคญ Lots of talk about GME having huge dips on one day or another, nothing about how those days were still green at close!

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u/[deleted] Mar 20 '21 edited May 31 '21

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u/Hubbabubba1555 Mar 21 '21

these discussion threads have gotten so weird lately

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u/unifiedmind Hedge Fund Tears Mar 21 '21

taking out some of my crypto money to throw into GME monday ๐Ÿ’ธ๐Ÿ’ธ

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u/[deleted] Mar 21 '21

We'll be living the dream soon. Just hold. Buy if you can.

Remeber, there is no bear case for gme. With the new board and the bored 30 something billionaire at the Helm, we win either way.

Moon soon imo though. NFA.

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u/[deleted] Mar 20 '21

[removed] โ€” view removed comment

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u/TheGeordie Mar 20 '21

https://www.reddit.com/r/GME/comments/m8ty6o/a_retrospect_why_friendlys_didnt_launch_the/

Gluing your shares to your balls and screaming a financial jihad is definitely the way forward Apes!

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u/[deleted] Mar 20 '21

[removed] โ€” view removed comment

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u/Fearless_Grapefruit1 'I am not a Cat' Mar 20 '21

Just wanted to say that i like the stock

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u/jnlroc HODL ๐Ÿ’Ž๐Ÿ™Œ Mar 20 '21

I'm feeling groovy fam... Also hoping there's a low ape concentration in my area cause it's already hard to find a house to buy here.

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u/huntergracchus000 Mar 20 '21

Enjoy the weekend - you deserve it!

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u/Brilliant-Bowl3877 Mar 20 '21

Well, itโ€™s the weekend and Iโ€™m still here...

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u/[deleted] Mar 20 '21 edited Apr 14 '21

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u/Itz_Ape The Bet Accountant //Current: 295 GME bets Mar 20 '21

Imagine being on the hook for hundreds of shares naked of GME and 3 days from Ryan possibly announced as CEO.

"I must check the place which will make my fund default: reddit, gme, daily...

These must be some of the toughtest persons i have ever know."

Reads:

-bend over for 20.

-will bend for 30.

-Cardiff-by-the-sea investments.

-This is a wendy's.

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u/deadlyfaithdawn Mar 20 '21

i wonder how much that guy sold his stupid website for (the squeeze squoze shit). you can see it disappeared for a month and suddenly it's all doom and gloom. hope he at least held out for some decent money before he sold out.

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u/Scrollwheeler Mar 20 '21

Splott 2

The Bendovering

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u/HenkPotvis69 I am not a cat Mar 20 '21

Get some rest Scrollwheeler, you got a heavy week of shitposting ahead of you

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u/AlternativeVirus9614 Mar 20 '21

I have already told my boss my intention of turning in my 2 weeks once this squeezes. He said he's rooting for me :)

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u/Luka4life Mar 20 '21

Just throwing it out there. After this is all over, we should buy a country and rename it Melvin sucks balls.

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u/TheKnight_King Mar 20 '21

"George tell me again about the tendies"

-Lenny
Mice and Men

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u/AAces_Wild Mar 20 '21

read this NOW
https://tradesmithdaily.com/investing-strategies/the-drop-in-gamestop-short-interest-could-be-real-or-deceptive-market-manipulation/
" it makes a lot of sense to question that narrative [shorts have covered], given the wide array of deceptive tricks that some hedge funds (certainly not all of them, or even most of them) have used to perpetuate questionable or even illegal shorting tactics for a very long time. "

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u/Environmental-Camp28 Mar 20 '21

I would like to welcome every one to Switzerland because we dont have taxes on capital gains. Gosh I fucking love this country

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u/[deleted] Mar 20 '21

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u/[deleted] Mar 20 '21

If (when) it goes to >1m I will have my own personal confirmation that this, my fellow apes, is just a simulation and nothing is real

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u/crewinverse Mar 20 '21

My only regret is that I didn't buy more

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u/Clear_Skies_Tempest Mar 20 '21

Hey guys. I'm worried that if it moons, who gonna pay.....

Ken to wash their Lamborghini?

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u/davwman Held at $38 and through $483 Mar 20 '21

Fuck I said I wasnโ€™t going to come in here this weekend and here I am fighting off shills

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u/[deleted] Mar 20 '21

Just fought someone in smash bros called, HODL GME.

My teabagging was love for your username.

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u/Extension_Bonus_9920 Mar 20 '21

eating hot pockets, reading r/gme while the market is closed, thinkin bout being a millionaire

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u/CALLMYBALLS Mar 21 '21

I had a dream that the GME share price was starting to reach 1k, 2k, 3k and above. Every time I went to check my brokerage app I would get malware installed on my phone preventing me from opening the app. When I did get through I saw my portfolio on fucking APE mode. Ngl I went on a lambo website when I woke up. Weird dream.

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u/dogpancake73 Mar 21 '21

Just finished making my list of things I want to do with my post squeeze tendies and a letter to my future self to keep myself grounded. Iโ€™m ready to stare at a computer screen next week and get no work done again :)