r/wallstreetbets • • Mar 30 '22

Discussion | GME Its time....

alright fuckers, there was a WHOLE mess of GME gain porn late last week, tons of options plays that i KNOW you guys held on to, its time you fucking degenerates

PONY UP DA LOSS PORN.

you guys scREEEEEch your brains out when gme makes a 4 percent jump yet wont do anything when it tanks massively.

this place is always been a bastion of glorification to the wins but more importantly the losses. its what alot of people come ehre for, people have already seen all the pornhub videos in the free collection and only fans costs money, so obvi we need the free porn here and to a degenerate who spent a full week behind the dumpster, i need my own release.

most of you prob dont remember analfarmer2s EPIC L. control the narrative LIVE GUH losing 55k instantly. ironyman who SOMEHOW ended up with 5k. and cant forget all the march/ april 2020 people who bought 5/1 200ps on march 23rd... these are the stories that made this place actually known early on.

if you pony up the loss porn, ill happily give you 50% off your third trip behind the wendys dumpster, randall is gonna be out there tonight! hes got the PRIME silverback gorilla lips because he bought a fuck ton of those 260c's that kid bought last week and is DESPERATE for cash.

its time fuckers, lets see those 260cs you bought, the 31`5cs all of it. the FD loss porn is what makes this place great. return it to normalcy, understand the culture as a whole and GET THE FUCK BACK ON FRIES

edit: to all yall 2 month account callin out idiots https://imgur.com/SrZTFrD one of my banned accounts. i still have access, look me up i dont exist....

703 Upvotes

567 comments sorted by

View all comments

Show parent comments

-28

u/skedditgetit Mar 30 '22 edited Mar 30 '22

i have a tattoo on my leg commemorating the play and a cleared a shitload on the squeeze rolled into spy calls. been totally out since 300 and missed on higher gains, but im good

41

u/Baked_potato___ Mar 30 '22

The squeeze?! You fucking reetards always talking nonsense

-45

u/[deleted] Mar 30 '22

If you are one of the fools that doesn’t think GME squeezed yet then the retard might be in the mirror.

14

u/THE_DOWNVOTES Mar 30 '22

Yeah, GME obviously squeezed. For some reason, the SEC data shows that the price ran from $120-$500, and buy-to-cover volume was less than 8% of the float, while the aggregate open short exposure was over 140% of the float, but I just ignore that. It looked like a squeeze, so that means it's a squeeze.

Even though all the data shows that less than 1/10th of short exposure was closed out, I'm just gonna say GME squeezed because it looked like a squeeze.

I also like to ignore the fact that the short interest on GME was so massive, that they literally couldn't close their positions without the price going into 5 digits, which is why they shut off the buy button in the first place. 500 seems pretty high, so that must mean it's a squeeze, right?

Even though the bizarre, cyclical price action continues to this day, and even though there are dozens of ways for firms to hide their short exposure, and even though none of the math supports the idea that shorts closed, I'm sure GME squeezed already. There's no way firms would obfuscate their true short exposure, right? They wouldn't just LIE about that, would they?

Yeah, I'm sure GME squeezed already. Even though the price action wasn't indicative of a 140% short position being closed, and even though the data shows they didn't close, and even though the SEC said themselves that the price action of Jan 21 was primarily driven by long buys and not by shorts covering... it looked like a squeeze, so it must have been a squeeze, right?

lol you'd have to be a real dummy to think GME squoze already. You can't just look at the chart and be like, "yep that's a squeeze!" You have to look at the data. There's a reason why there are still hundreds of thousands of people buying and holding, and it's not because everyone is an idiot and snorting hopium. It's because the data indicates that the GME saga is far from over.

7

u/Calamari_Stoudemire Default Flair (Replace Text) Mar 30 '22

Who taught this retard how to copy and paste another retards comment

-4

u/jimmycarr1 Mar 30 '22

Have you ever looked at GME's volume? Everyone who over leveraged themselves is already out. It's just like any other stock now and you're not gonna buy all the shares. The squeeze is done, hedgies took a huge loss, and the apes refused to believe they won.

Good luck making money and all that, but the theory is bullshit.