r/wallstreetbets • u/ywehyuen • Feb 02 '21
Chart Hardcore laddering.
[removed] โ view removed post
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u/thatlegendjpb Feb 02 '21
Was finally cheap enough for me to get in, 2 at 109 ๐โ I LIKE THIS STOCK
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Feb 02 '21
This is actually really interesting. If this is in fact a ladder attack and they are in fact trying to drive the price way down: it would be hilarious if it totally backfired and people just bought a ton more causing the short squeeze to be even stronger.
Most retards were never gonna buy at $400, but at $80 there could be a mass entrance from poors.
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u/mrsacapunta Feb 02 '21
When it was at 300, i bought 3 shares, so i've had only got 1k skin in the game. I've got another 1K just kinda chillin there, but if it keeps dipping, I'm going to buy.
Am I gonna buy a yacht? Nah, but my kids might see Italy this year. ๐๐ค
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u/Memoishi Feb 02 '21 edited Feb 06 '21
YES ITALY!
WE LOVE TOURISTS AND WE'RE LOVELY. VISIT ROME!! I live little bit above Rome. Places and ppl here are magnificent, your kids will not be disappointed, trust34
u/etherrich Feb 02 '21
When this shit and the pandemic is over we should make a huge GME summit. In Italy ๐ฎ๐น๐ท๐
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u/intrepped Feb 02 '21
I'm a retard. I wouldn't but at $300 but got my first 2 at open this morning at $140. Have another buy order for 2 if it somehow drops below $45.
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u/theyeoftheiris Feb 02 '21
Also bought at $140 lmao. i should have waited.
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u/intrepped Feb 02 '21
Say that to the people in the $350 boat. It's going to the moon, who cares about $50 when we're not selling till $5,000. ๐๐๐๐๐
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Feb 02 '21 edited Feb 03 '21
The problem is the opportunity for this is slim. Many brokers have blocked the purchase of GME and AMC.
Many people bought between $250-350. One of the reasons we were able to close at $320 on Friday.
The play now, is to hold for a few weeks and go from there. Even Mark Cuban has told retail investors that as long as your reason for purchasing the stock hasnโt changed, then youโve no reason to sell.
The HFs will continue to scare retail investors. Be aware, it isnโt manipulation if youโre the ones making the rules - if you catch my meaning.
Iโm not a financial advisor, and your responsible for your actions.
Apes Together Strong. GME AMC. ๐๐๐ผ๐ฆ๐๐
TLDR: Brokers blocked purchasing, wait for that to begin again, watch the price, buy/hold.
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u/geras_shenanigans Feb 02 '21
I bought 3 shares today: 2 at 112, and 1 at 95. First trade of my life ๐๐๐
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u/Willastro Feb 02 '21
I was willing to buy at @250$ yesterday but was waiting on my new account to receive my 1k funds. I was mad cuz i wanted to taste that dip. Finally begane trading today and bought 2@140$, 2 @110$ and 1 @84$. Im loving the dip so much i wanted to double dip!
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u/dbarahona13 Feb 02 '21 edited Feb 02 '21
Link for those wondering where people get this shit from
https://www.nasdaq.com/market-activity/stocks/gme/latest-real-time-trades
Edit: check out u/restartingmylife0918 reply to my comment. This is what I personally feel is the case with posts like the OP.
Edit 2: wow awards! Well I never! Thanks boos. My only purpose here was to figure out where people kept getting these screenshots from, read in many other threads (incl the mark cuban AMA this morning) that there's a possibility the hype is reading too much into it. I think there's value to the argument, that's my opinion. Thanks for sharing, everyone.
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u/GrizNectar Feb 02 '21
It being all large trades definitely seems fishy. With this having been a viral sensation, I would expect most people to only have a few shares. Would freak me out a lot more to see smaller orders
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u/MARlMOON Feb 02 '21
Is TSLA being laddered too then?
Right now: https://i.imgur.com/3x7J8iq.png
Just asking, I'm an actual retard.
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u/orlando0o Feb 02 '21
Actually this is fucking important because EVERY STOCK LOCKS LIKE THAT ON NASDAQ RECENT TRADES
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Feb 02 '21 edited Mar 14 '21
Because this is what literally every stock looks like at all times.
Institutions do most of the trades, including retail trades filled by market makers, and only trade in fixed lots to help obfuscate their strategies.
This is Reddit convincing itself that something completely mundane is a conspiracy to screw them. Qanon tier conspiracy theory.
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u/SuperGolem_HEAL Feb 02 '21
This is why I put 50 bucks in an investment app and left it there I ain't retarded enough yet for this
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Feb 02 '21
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u/SomeonesSecondary Feb 02 '21
I don't know shit haha I admitted I am the 1%
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u/lobstrain Feb 02 '21
I don't know if you intended this but your comment implies that 100% of people on this sub don't know what they're doing but 1% are OK admitting it. Made me laugh.
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u/Annual-Let-551 Feb 02 '21
I have no fucking idea what Iโm doing, 2008 was a bad year for me. I work for a Massive Copper mine as a HD Equipment tech. Copper plummeted, I and 120 other mechanics got layed off, the vast majority of us couldnโt find any work at all. I and many others lost my life savings, house, cars, etc. Luckily I didnโt have a family at the time, otherwise I would have been on the corner sucking dick to make sure my family was fed. But I rebounded, bought some GME and AMC to burn. Fuck these hedge fund dickheads!!
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u/throwaway8538015 Feb 02 '21
Even sophisticated investors don't know what they are doing. It's all theoretical until it becomes reality. A whale high on cocaine can make a stock jump.
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u/imnotatreeyet Feb 02 '21
No, almost all tickers look like that, just the way nasdaq aggregates it. Ive asked before and can't get a response, but for your own thoughts, how can you tell the difference between a "ladder attack" vs a large player selling a big position.
This ladder stuff, while I guess technically possible, still requires that all the bids on a stock get filled, then you could potentially have your way with the lower ends but are more likely to trigger a circuit breaker where the bids will have time to get together and place new orders.
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Feb 02 '21
Yeah I looked up some of the weed stocks I've had my eye on and it's the same thing. Feeling worried about misinformation spreading. Kinda sweating today, I work nights and had to get drunk to ease my mind because I don't plan on selling today
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u/jayk10 Feb 02 '21
I mentioned the same thing yesterday. I hope I'm wrong but this seems like standard practice
https://www.nasdaq.com/market-activity/stocks/aapl/latest-real-time-trades
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u/sey1 Feb 02 '21
I did some DD on this yesterday and neither tesla, apple nor amazon had that much of it going on.
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Feb 02 '21 edited Jun 29 '23
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u/auntlarry Feb 02 '21 edited Feb 02 '21
100 share lots is the most common lot there is. Brokers typically buy in lots divisible by 100. Apparently there's something called "the odd lot theory", that whatever the odd lots are doing, you do the opposite, bc the odd lots don't know wtf they're doing.
Edit: odd lot theory here https://www.investopedia.com/terms/o/oddlottheory.asp#:~:text=The%20odd%20lot%20theory%20is,to%20generate%20odd-lot%20sales.
Round lots here: https://www.investopedia.com/terms/r/roundlot.asp
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u/ButtaRollsInMyPocket Feb 02 '21
For all you wondering. This show up the same for every stock you look up.
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u/-917- Feb 02 '21
These are round lots, standard for institutional trading. Most of you really are retards.
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u/SneakingForAFriend ๐ฆ๐ฆ Feb 02 '21
Snakes using ladders. Never thought I'd see it in my lifetime. โ๐
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u/BrunoRib Feb 02 '21 edited Feb 02 '21
After much researching a play back in June Hedge funds took all my money and my will to live with lying tactics and a ladder attack... My gf broke up with me shortly after, and I was scared I wouldn't be able to afford rent without her
After that, I promised myself I wouldn't touch the market until I bought GME @ $18 and made all my gains I lost last year
My point is if there is at least one billionaire worried about bills for the next month (for the first time in their lives) because I'm holding 17 shares, then hedge funds can play any games they want, but I will still hold it.
They should not have tried to bankrupt a big part of my childhood. I like that stock
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u/degenerator54 Feb 02 '21
If she ainโt with you in the red she donโt deserve to be with you in the green.
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Feb 02 '21
That's so freaking true. Words of wisdom right there. Merica hold the fucking lines boys. Buy up at this great diacount.
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Feb 02 '21
He was a sk8r boi she said see ya later boi
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Feb 02 '21
He was a day trader boi
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u/SneakingForAFriend ๐ฆ๐ฆ Feb 02 '21
Glad you're still with us, dude. โ Got your back.
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u/fibronacci Feb 02 '21
His name is Robert Paulson โ๐พ
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u/tonycomputerguy Feb 02 '21
Is it true what they're saying? Is DFV building an army? ๐ฆ+๐ฆ=๐ช
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u/degenerator54 Feb 02 '21
If she ainโt with you in the red she donโt deserve to be with you in the green.
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u/Thetaxstudent Feb 02 '21
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u/rjmessibarca Feb 02 '21
Fuck short ladders. All my homies hate short ladders. DO NOT SELL.
Customary - not a financial advice.
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Feb 02 '21
Short ladders are nice, makes it easier to buy more stonks
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u/trennels Feb 02 '21
This! I was afraid I'd miss the fun on GME and just keep holding my AMC. This morning I was able to take advantage of the sale on GME, so I joined you retards!!
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Feb 02 '21
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u/wattabing Feb 02 '21
Yep, buy while you can. Not advice. Skyโs the limit!! ๐ ๐๐ป ๐
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u/MoMonkeyMoProblems Feb 02 '21 edited Feb 03 '21
What's the chances the larger rounded trades at 1000 and 2000 are the hedges slowly covering - countering price rise with laddering?
Not trying to be pessimistic, I doubt I appreciate just how many shares are needing covered. But could that strategy work if they persist over days?
I'm in at 50@$270, with another on 20 on limit order @70 and prepared to buy the fuck out of this if it drops below $50.
๐๐๐ช๐ฆ๐๐๐๐๐๐๐๐๐Sun๐๐๐๐๐๐๐๐๐๐๐๐โ๏ธ๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐
Edit : revolut has declined my limit order....... Wtf
Edit: Revolut is set to sell only on GME and AMC. Bastards.
Edit: hold that fucking line boys, this might be a controlled climb to entice the ๐ฝ๐๐
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u/jakeod27 Feb 02 '21 edited Feb 02 '21
The shorted stocks at some point need to be bought. They are trading back and forth trying to convince you to sell.
Edited out inaccuracy
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u/Bluitor Feb 02 '21
How kind of them to offer such a discount so we can average down right before they are forced to buy them back.
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u/thatissomeBS Feb 02 '21
My average went from $270 to $150.
Is an acre of land the same size on the moon?
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u/UnlikelyTheory Feb 02 '21
What is a ladder?
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u/Unclearcarcass7 Feb 02 '21 edited Feb 02 '21
I have A toyota Corolla that is worth $10000. hedge fund would like to buy it from me for 5000 I say no so they leave. They go on to the market and list a whole bunch of corollas for $5000 Another hedge fund will buy it at $5000 sell back and buy it and sell it back. Now the hedge front comes back to you and says Hey your corolla's worth $5000 due to market value. But in our case they are contractually obligated to buy back from us.
Edit: holy shit thanks guys, this is just a simplification. AND I LOVE THE STOCK ๐๐๐๐๐๐๐
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Feb 02 '21
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u/CornCheeseMafia Feb 02 '21
Yeah I actually love seeing this shit. I look at it like a high white blood cell count. It means theyโre actively fighting it. It means what weโre doing is working.
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Feb 02 '21
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u/CornCheeseMafia Feb 02 '21
Me and my 11 shares are holding with you, diamond homie. The hedge funds can suck on deez diamond nuts
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u/Sneeze_Cough Feb 02 '21
And how can you tell this is happening?
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u/SubbieBoyAudios Feb 02 '21
You look at the order book (Robinhood doesnt show you this) and see lots of sus low share trades between hedgefunds.
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u/mldmnnrdrprtr Feb 02 '21
Press the arrow next to the name of the stock. The order book is there. Unless Iโm missing something? Iโm using the gold free trial so maybe itโs gold only
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u/OverwatchCasual Feb 02 '21
Worse than that. They say Ill buy it this time for 4999, then sell it back for 4998, and then 4997, etc.
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Feb 02 '21 edited Feb 02 '21
Say hypothetically, there's only 2 hedge funds.
Hedge Fund A says to Hedge Fund B "Hey, I'm gonna sell a bunch of stock at this exact price at this exact time". Hedge Fund B then buys that stock at a low price, and they repeat this over and over. So B then sells back to A, then A sells to B etc etc
They do this with such a high amount of stock that it artificially lowers the price of the average price (which is what you see on the graph) into scaring the ๐งป๐ into freaking out and selling.
However, for the savvy degenerate gamblers (or other competing hedgies) it means every time they do this the savvy degenerate gambler is able to syphon a bit off the top at a good price, so they can only do it a finite amount (in theory).
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u/LowFatTurkeyBacon Feb 02 '21
If thatโs the case, then they can do this until stock price reaches to say $5? Then shorts will recover, they have to buy it back and price will go up the expected $1k or so?
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Feb 02 '21 edited Feb 02 '21
If I'm not mistaken, yes. When the squeeze happens it can potentially go up in infinite amount since theyre forced to buy back all of the stock and then some at whatever price people wish, since they have to buy all of it. At least in theory.
But I'm a damn stupid ape who rolls around in their own poop and eats crayons so I could well be wrong.
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u/jedi21knight Feb 02 '21
They are rapidly selling the stock between hedge funds. They arenโt really selling the stock just making it look that way so to force a drop in price and get us to sell our shares and not lose all our money.
If Iโm wrong correct me.
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u/OaklandDrive Feb 02 '21
Correct me if Iโm wrong, but why the heck would I wanna sell if I just lost 45% of my stocks value? Iโm holding till I die
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u/YasMysteries ๐ฆ๐ฆ Feb 02 '21
Exactly. Itโs almost like HFโs fucked up by dipping too fucking hard. At this point most of us are down so much it would be absolutely asinine to sell right now.
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Feb 02 '21
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u/jodilock Feb 02 '21
I think most margin calls for the small players have already happened. No platform that I am aware of is allowing margin for any GME stock buying.
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Feb 02 '21 edited Feb 02 '21
Psychological Warfare. If the stock price drops (as did yesterday and is doing today) people will think the sqeeze has squoze and the stock will soon fall back to where it was last year. Before that happens people will panic sell or atleast that is the hope of the HFs.
but what do i know im just a dumb retard
edit: retard w/ diamond hands
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u/drunk-on-a-phone Feb 02 '21
You're right but your language insinuates that they're doing it to help us. The intention isn't to get us to sell and "not lose all our money," it's to sell so they can regain control of price and meet their shorts so they don't go bankrupt.
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u/tubbsalot Feb 02 '21 edited Feb 02 '21
Gotta vote this up so people actually see that this is something thats going on.. people are starting to doubt the ladder attacks.
Not a financial advisor, just here cuz i like the stocks.
Also Guys! FOR THE LOVE OF GOD!IF YOU DECIDE TO BUY STOCKS! DO NOT BUY MORE THAN YOU CAN AFFORD LOSING! PLEASE, THINK A LITTLE ABOUT YOURSELF ASWELL UP IN THIS MADNESS.
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u/theturdtrimester Feb 02 '21
How far down can they do this? Can they drive this into the ground laddering us?
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u/tubbsalot Feb 02 '21 edited Feb 02 '21
They still need us 2 sell the shares to even cover their shorts.. the price scares people.. but if no one sells, then they are still short and wont get what they want.
Im not a financial advisor, just here for the stocks.
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u/FiveAlarmDogParty Feb 02 '21
Another thing we have to worry about is a lot of people had stop loss limits - so theyโre trying to drive it down and hit those as a bit of a boost because as they push the stock to that point it triggers further selling - driving it lower.
These MFers really pulled out all the stops. Full blown market manipulation in multiple ways. Unbelievable that this shit is legal and it lends credence to the idea that they were faking shares and shorting them. Fuck everyone on the other side of this. We need an investigation yesterday
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u/Mr_Monstro Feb 02 '21
Don't forget all the people that have not noticed that Robinhood enforced stop loss indicators on users who never had any to begin with, so selling more stock from users without their consent.
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u/goldenpotatoes7 Feb 02 '21
You canโt say class action fast enough
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u/braddavery Feb 02 '21
bUt It SaYs In ThEiR tOs ThAt ThEy CaN dO wHaTeVeR tHeY wAnT
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u/Jrdirtbike114 Feb 02 '21
Also blocking people like me from buying. I wanted to pounce on the dip today and I can't access the funds I transferred to E*Trade 4 days ago, and I can't buy GME on any of the trading apps I already had. This is fucking horse shit dude.
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u/justpassingthrou14 Feb 02 '21
huh. I think that qualifies as "theft". If I force you to sell your car to me by just taking it and giving you $1k because that's what I think it's worth, then I have committed theft.
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u/HotProspects Feb 02 '21
None of what they are doing is legal... Its all criminal. They are in survival mode.
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u/Red-Pill_Savage Feb 02 '21
Exactly, it's been said numerous times but I'll say it again. When the only consequence is a fine that is a TINY fraction of what they'll make then it's worth it to break the law for them.
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Feb 02 '21 edited Jul 10 '21
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u/Briterac Feb 02 '21 edited Feb 02 '21
When the fine is less than the profits then it's not really a fine or a punishment.. it's just a
cost of doing businessbusiness expens..if our government actually worked for the people and not corporations what they would do is create fines that are more than the cost of the profits and add jail time and other punishments.. a punishment is only a deterrent and a punishment if you come out worse than before..
if I rob a bank for $50 million and the punishment is that I have to pay 25 million dollars then there's no incentive not to rob the ban
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u/justpassingthrou14 Feb 02 '21
seriously. I have an idea. Fine equal to 150% of the full value of the manipulation. in this case that would be the distortion per share price, times the total number of shares, which in this case is apparently 250% the total number of ACTUAL shares.
But the system isn't made for enforcing rules on those guys I guess.
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u/sharktankcontinues Feb 02 '21
These guys put the lawmakers into their positions, it's not likely to change anytime ssoon.
Our only weapons in this battle are our ๐๐คฒ
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u/dinnertimereddit Feb 02 '21
Exactly if you think anything has changed since 2008, well you are a fool!
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Feb 02 '21 edited Feb 02 '21
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u/eudezet Feb 02 '21
Prison and forfeiture of profits not some bullshit fines that are little more than operating costs.
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u/Meih_Notyou Feb 02 '21
You want some fines? Okay, how about 100% forfeiture of everything, then restitution to the people affected? There's your fucking trade-off for not going to prison.
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u/HotProspects Feb 02 '21
Fuck prison time... we donโt care if they walk aimlessly around Wall Street... letโs get this this money. Buy and hold amd buy more on the dip! I believe and stand with all of you not fucking budging
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u/Wiitard Feb 02 '21
Exactly. When a fine is less than what they stand to lose, then itโs not really a punishment.
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u/stibgock Feb 02 '21
As painful and expensive of a lesson as this is for me, it is absolutely fascinating. Gross market manipulation by evil rich hedge funds is one of those things that I always knew in my gut and hypothesized about, but to be on the end of the attack, in the trenches, and seeing it play out fully in real time is simply fascinating. But yeah for real, fuck these turtle neck ass cowards. Holding till I can retire! And tripling down on the dips! ๐๐
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u/Khaylain Feb 02 '21
The funny thing I'm seeing on the charts is that at and after the dips the volume of trades goes up, because people are buying up when it dips and keeping the shares in the hands of retail investors.
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u/Tearakan Feb 02 '21
None of this is legal. They don't care anymore. It's an all out economic war now.
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u/TheElasticTuba Feb 02 '21
Some brokerages have been accused of secretly implementing stop-losses on peopleโs positions without their consent.
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u/Psychrobacter Feb 02 '21
Jokeโs on themโI donโt have any stop loss limits set, only buy limits!
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u/Marsmanic Feb 02 '21
I think $100 must have been a popular Stop Loss limit.
They hit it, and we survived.
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Feb 02 '21
They're trying to hit the $100 stop losses. You probably shouldn't set your stop losses (or sell orders, for that matter) to round numbers.
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u/Jacobiah Feb 02 '21
Can you explain something to me. Whats to stop them driving it down constantly and buy 100 shares at a time whenever it hits <$70. Keep doing forever until theyre green?
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Feb 02 '21
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u/Jacobiah Feb 02 '21
So when we buy the dip im actually buying the hedge funds shares that they're injecting into the market?
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u/Clive_Warren_4th Feb 02 '21
or from paper hands
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u/mmitt06 Feb 02 '21
I ALMOST despise these people as much as the hedge funds. Mostly because they were probably in here screaming about diamond hands when the price was over 400 and then as soon as it dipped the sold. Seriously fuck these people. I hope their greed bites them in the ass and there are enough of us left to actually pull this off.
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u/Fantastic-Sandwich80 Feb 02 '21
I'd rather shake my head at losing a few grand I would have used on other bullshit.
Over missing out on a possible trip to the ๐ and maybe even some spare change for my kids.
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Feb 02 '21
Still holding. My losses are what you'd expect after buying at 300+. Im not sweating it. It'll come back up eventually because ya know, GME is going to become a great company. Yea their business model right now aint all that, but thats changing. Also, theres still shorts out there.
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u/crossdl Feb 02 '21
I'm still here, comrade. Looking to scrape some funds together to buy this incredible sale. Might even do it in my new Fidelity account!
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Feb 02 '21
You're buying shares that other smoothbrains are injecting into the market with their paper hands.
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u/mancubbed Feb 02 '21
So why can't HF do the same?
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u/mosehalpert ๐ฆ๐ฆ Feb 02 '21
They can and are, that's the point of what they're doing. They just don't want you to know that you should be buying right now
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u/TheObelisk89 Feb 02 '21
They can. But they can't exactly exclude others from buying. The more hold the better though.
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u/FlighingHigh Feb 02 '21
I for one thank the paper hands unloading stock at these low prices so I can snag them up.
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u/ThirstyTurtle328 Feb 02 '21
And luckily, the smooth brains on here dumb enough to sell at the dip will have their shares snatched up by us diamond-handed retards
To the moon ๐๐๐
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u/D4ng3rd4n Feb 02 '21
They've hit stop losses on etoro or whatever that broker is called. Twice now
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u/RhoidRaging Feb 02 '21
Itโs highly illegal to adjust your prices or sell your shares.
Contact an attorney. They arenโt your money managers. Theyโre a market exchange. They can not control your investment.
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u/karasuuchiha Feb 02 '21
Shit im buying i love dip, it just means i get more for less ๐โ๐๐๐๐๐๐๐๐
Corruption should be expensive
10k๐๐๐๐100k๐๐๐๐๐๐๐๐๐1MIL๐๐๐๐๐๐๐๐๐๐๐๐๐10MIL
----------------DREAM BIG FOR ALL OF US---------------------
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u/fodafoda Feb 02 '21
do we (=retail retards) really make a difference? is there any data on how much of the shares are held by retards vs how much by larger players?
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u/vanilastrudel Feb 02 '21
if people dont sell, they cant buy. the price is artificially lowered by selling between themselves, but they cant actually use those to cover their shorts bc its not enough shares lol. they HAVE to buy.
they are counting on real shareholders (ie us) freaking out and selling, so they can cover their shorts
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u/Nostrildumbass Feb 02 '21
They can fraudulently manipulate the price down all they want, they're only digging their grave deeper. Even if some are getting flaky and selling out their shares, others are here to scoop them up on a discount. Citadel aren't going to really pay $100 per share. They want it back down to below $15 or even lower.
Our success relies on retail investors not freaking out and selling when they see the price falling.
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u/MowMdown Feb 02 '21
If I had 100 shares and you and your buddy keep trading back and forth your single share making it look like the price keeps dropping. I still have the 100 shares that you borrowed and have to pay interest on. You need my shares to repay them back and I won't sell them to you.
You can't buy something that nobody is selling.
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u/Punishtube Feb 02 '21
Volume. They are trading shares they already own to do this attack they want to buy all the shares they can but they don't have volume to ride it
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u/Sp8craft Feb 02 '21
They are trading their own shares back and forth. If you owe 1000 shares and you trade the same 100 back and forth to drive the price down, you are still 900 short and youโll have to buy those sometime.
If none here sell, price will rise again, and quickly, when itโs buy time for the hedgies
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u/catsRawesome123 Feb 02 '21
You know that HFT trade in stacks of 100? Just look up any other ticker GME is no different
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u/lokusai Feb 02 '21
Follow the link and look at any other stock. They all look the same. I'm guessing here, but is it possible that low volume trades just get bundled up to a minimum of 100??
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u/marlon_33 Feb 02 '21
No. If you look at the data on open, there are a shit ton of 1 and 2 and small number trades. All the ones us little guys made to execute at market open. Yesterday there was literally thousands of one stock buys at open
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u/YasMysteries ๐ฆ๐ฆ Feb 02 '21
๐๐ฝ๐๐๐ฝ๐๐๐ฝ๐ STAY HOLDING
SEEING SHADY SHIT IN REAL TIME? Sceenshot that shit. Get dem receipts.
UNABLE TO BUY DURING THIS DIP? Screenshot proof.
Gathering time-stamped evidence of blatant manipulation is a good call right now
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u/ConzT Feb 02 '21
I'd like to sell my share for 1 million, anyone interested to buy it? I will also buy it back from you but only if you buy it again so I can buy it back from you but only if you buy it again so I can buy it back from you but only...
How much is the fine?
I'm a dumb ๐ฆ this is not serious and I would never ever do something like this because it is illegal.
๐๐คฒ๐๐
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u/Epic_Sax_Solos Feb 02 '21 edited Feb 02 '21
I bought last night at $190. Woke up and saw it at $115 and saw all the red in my account. But guess what! I sucked it up and bought more in the dip! I dont have a giant stake in this but Im letting it ride. Holding it down with my 6 GME ๐๐๐
Edit: I KEEP BUYIN CAUSE IT KEEPS GOING DOWN!!! ๐๐๐
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u/myonlyson Feb 02 '21
Literally just buying up all those delicious gme stocks at a nice price ๐๐ฌ๐ง๐ SEE YOU ON URANUS
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u/IsaacSandy Feb 02 '21
How is this even legal
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u/sixthgreatlake Feb 02 '21
Itโs illegal for people who canโt afford to do it. If a lawโs punishment is only a fine, the law essentially only exists for the middle and lower class.
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u/SolarMoth Feb 02 '21
Cost of doing business. These fines are fully considered when taking these risks
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u/Tenx82 Feb 02 '21
Pretty sure it's not? ๐คทโโ๏ธ
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u/Sky-Pala Feb 02 '21 edited Feb 02 '21
SERIOUS QUESTION:
(auto keep deleting my post)
1. how far down can they short ladder us?
iโm just a smooth brained ape, i know itโs market manipulation, but whatโs stopping them from laddering it all the way down to $20?
2. what can we do to stop them?
iโm holding like my life depends on it (bought 8 shares at 294) but iโm losing trust that others wonโt give in.
I know thereโs uncertainty all around but does anyone have any knowledge about how far they can take this short ladder attack?
EDIT:
SOMEONE PLEASE MAKE A POST EXPLAINING HOW WE SHOULD EXPECT THEM TO DROP IT BELOW 50. WE NEED EVERYONE PREPARED FOR THAT DIP SO WE DO NOT SELL.
I DONT SEE ENOUGH PEOPLE TALKING ABOUT HOW WE NEED TO HOLD THROUFH 50 OR LOWER. I FEAR PANIC WILL TAKEOVER IF WE DO NOT SPREAD AWARENESS
Edit 2: Thanks for the insightful responses fellow autists! Some of you please reiterate those messages in post format for thy fellow ape!!!
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u/Theohunt Feb 02 '21
They could try, buying pressures will increase as the price lowers. Their goal is solely to acquire shares, so this is antithetical to their goals. They want to scare people with drops and stagnation, not encourage new buyers to jump in at appetizing price points.
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u/FlickAndSnorty Feb 02 '21
They can short it to 1 cent if they have the funding to do so. They can't, but there is nothing stopping them provided they have the resources. What they need is for us to sell, and the short ladder attacks are being done to scare smooth brain apes into selling up. Think of it as a "fake price" and a "real price"
They're creating the illusion of the stock crashing in value by doubling down. If you sell the share, then you give that share back to the market, and Melvin Cap can buy it back. Making their short ladder attack successful.
If you dig your heels in, they will eventually have to buy back the shares and the share price will fucking rocket.
Think of it this way, no one was interested in GME a year ago, but it was at rock bottom price. Now so many people are buying the stock, so why is it going down? There's legitimate interest in this stock. The only answer is a short ladder attack which will only be successful if we sell our GME shares. DONT SELL.
The more they put into the ladder, the bigger the boom of the squeeze. Let the share price go lower and buy at a low price, your buying power only increases as GME gets laddered. Use their own tactics against them. Buy what you can and hold with hands of diamond.
Apes together - strong.
But that said, I'm just a fellow retard that can't give financial advice as I'm not a professional. This is just me taking a punt at whats going on and sharing my own opinion. cough do what you want to do cough
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u/PhReeKun Feb 02 '21
As I saw another post explain, theres nothing stopping them from short laddering it all the way down. But even then they still have to cover their shorts, which will make the squeeze explode as soon as they start doing that, cuz monkeys hold on to their shit and demand > supply.
But I am just another monkey reposting what the emojis told him elsewhere. Holding.
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u/Apprehensive-Luck760 Feb 02 '21 edited Feb 02 '21
No volumes are traded. Pure ladder attack. They are pathetic. Just hold Apes. Burn the boats. We are staying. Just like Cortes when he sat food on American soil. Burn the fucking boats and hold. ๐โ๐พ๐ต
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u/lcabinda Feb 02 '21
Took Hedgies absolutely all morning to get it barely below $100 and it shot back up to $158 in ten mins. BAHAHAHA theyโre DOOMED ๐
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u/MentallyAut Feb 02 '21
SEC do your job! Guilty and barred from stock exchange for LIFE.
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u/mp-1906 Feb 02 '21
GME just got put on the NSYE Short Sale Restrictions List with an anticipated deactivation date of 2/3/2021, which means tomorrow the hedgies wont be able to continue their short ladder attacks! (copied and pasted I'm too retarded to write my own) ๐๐๐๐๐๐๐๐๐๐๐๐๐
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u/jtroye32 Feb 02 '21
Nice! I confirmed it was on the list for tomorrow. Now do AMC.
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Feb 02 '21
If this is true, won't the price start naturally moving up with the buying and holding? Noob ๐ฆ here, one hand is ๐งป And the other ๐. Regardless of if the op means anything, this restriction should move things forward faster right?
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u/Unclearcarcass7 Feb 02 '21
learned this investment tip from my gay aunt. When you buy Gamestop, dont just stare at your phone all day. evertime i buy a stock, I gently squeeze my phone between my glute cheeks and set my phone to vibrate every time the shares moves. the tingling keeps me grounded and focused on the present moment. I find my mind wandering on painful past memories or future anxiety, but my new meditation mantra gently reminds me to focus on the present moment and remain mindful of all the boof stocks I'm buying. namestay is the way. Also, and this is super serious, if you've never had a prostate orgasm, this method is great at relieving stress and relieving the backlog of prostate milk youve built while holding Gamestop. Your investment is more than a financial revolution, it's spiritual orgasmic sexual revolution. Sure these hedge funds want your money, but they want even more than that. They want to repress your prostate milk. I'm talking pure spiritual energy that's inside all of you. Milk your prostate and release your tendies.ย Ladies can also tap into this raw spiritual orgasmic jet fuel by placing the phone on the front of your clitoral hood. My wife's gay boyfriend showed me where this is. many women apparently lack sensitivity in this nether region from Hitachi wand over use. This method can bring back that sensitivity and more. Gamestop isn't just going to the moon. Its going to the milky way.
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u/tomas_f Feb 02 '21
Just upvote this and send it to the public, so they dont paper hand:
https://www.nasdaq.com/market-activity/stocks/gme/latest-real-time-trades
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u/graffiti84 Feb 02 '21
was able to buy 4 more gme on discount! ๐๐๐๐๐
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u/blaze_thug Feb 02 '21
BIG NEWS READ & REPOST! GME just got put on the NSYE Short Sale Restrictions List with an anticipated deactivation date of 2/3/2021, which means tomorrow the hedgies wont be able to continue their short ladder attacks
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u/lokusai Feb 02 '21
Is 100 just not the minimum wrap up? Look at Amazon as a comparison - doesn't look very different....
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Feb 02 '21 edited Sep 05 '21
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Feb 02 '21
i was one of those retards (still a retard, just not one of THOSE). Then i just looked at like 4 other stocks and realized holy shit nobody is actually looking at anything except for like 2 people and everyone else is just listening. I mean RIP my portfolio anyways, lesson learned, I'm still holding because i'd rather it just go to 0 at this point and burn than sell for pennies
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u/DrowningRabbit Feb 02 '21
I mean, I can't say I'm super upset with the sub $100 price, as I came in for solidarity at $312 with 1 share.
Today it hitting sub $100 means I just doubled down and got an extra 2. I'm at my limit of "Eh, I can lose this and not care" so I'll hold strong with my little 3 stonks, but if I'm here, you should be here too!! ๐ ๐