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Thread: This GameStop Short Squeeze is Making History!

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    United States Avalon Member TargeT's Avatar
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    Default Re: Market manipulation over GameStop stock = The French Revolution of Finance

    Quote Posted by Ivy23 (here)
    Quote Posted by TargeT (here)
    Been busy managing my GME stocks... missed it

    I hope you got in earlier than I did. It’s insane! 🍻
    when the squeeze happens it won't matter what you got in at.

    I have a limit set for 300 @ $5,000 and another for 400 @ $10,000 at the top end with some smaller steps before hand

    I think I bought in at 213 or so? the Squeeze is all that matters tho, there are currently millions of naked shorts that HAVE to be covered....

    I'll be watching very closely tomorrow though I think they will just extend their shorts (to delay the squeeze)

    GmE Short Float = 121.98%

    (this means that 21.98% 65.20M shares are shorts with no share to pair with... it's insane that this is. legal)

    This will implode beautifully



    Last edited by TargeT; 29th January 2021 at 00:33.
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    Default Re: Market manipulation over GameStop stock = The French Revolution of Finance

    Quote Posted by TargeT (here)
    Quote Posted by Ivy23 (here)
    Quote Posted by TargeT (here)
    Been busy managing my GME stocks... missed it

    I hope you got in earlier than I did. It’s insane! 🍻
    when the squeeze happens it won't matter what you got in at.

    I have a limit set for 300 @ $5,000 and another for 400 @ $10,000 at the top end with some smaller steps before hand

    I think I bought in at 213 or so? the Squeeze is all that matters tho, there are currently millions of naked shorts that HAVE to be covered....

    I'll be watching very closely tomorrow though I think they will just extend their shorts (to delay the squeeze)

    GmE Short Float = 121.98%

    (this means that 21.98% 65.20M shares are shorts with no share to pair with... it's insane that this is. legal)

    This will implode beautifully
    I just got wind of this, this evening on the radio.
    I think this is fantastic!

    I hope you make a killing Target! Good luck!

    What I don't understand is how so few (?) can turn around a stock.
    I know volume is key in stock trades.

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    Default Re: This GameStop Short Squeeze is Making History!

    Wall Street Elites DESTROYED, Beaten By Redditors At Their Own RIGGED Game
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    Default Re: This GameStop Short Squeeze is Making History!

    This guy is so upset about losing his billions he cried on CNBC News.

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    Default Re: This GameStop Short Squeeze is Making History!

    The great awakening is happening everywhere.

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    Default Re: This GameStop Short Squeeze is Making History!

    Quote Posted by pyrangello (here)
    The great awakening is happening everywhere.
    Really?

    Do you honestly think this GME episode will translate into the normies around the world waking up to the scamdemic?

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    Default Re: This GameStop Short Squeeze is Making History!

    --



    GameStop

    GAME

    STOP

    Syncronicity? Nuff said.

    So many people have had their eyes opened to the collusion and manipulation, particularly by Citadel.

    As Target said earlier, this is PIVOTAL.

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    Default Re: This GameStop Short Squeeze is Making History!

    I am absolutly luving this.Think it will get very interesting in a feeling of this being only the start.
    Have been sitting for months wondering..why for god sake dont the thousands of milliinair/billionaire persons having their buisnesses torched or trashed in many cities do a class action lawsuit suing mayors and govenors into generational poverty?????Or for shutting down planet wide economy based on quack science covid # what was it???
    Hopefully this group of younger generation will lawyer up spend a bit of their newfound wealth and do just that...sadly the rich in my generation are doing nada.

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    Default Re: This GameStop Short Squeeze is Making History!

    This has got to be one of the most satisfying things to happen in months. Lots of popcorn eating on my end today!

    Click image for larger version

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    Default Re: This GameStop Short Squeeze is Making History!

    Quote Posted by eagle0027 (here)
    I am absolutly luving this.Think it will get very interesting in a feeling of this being only the start.
    Have been sitting for months wondering..why for god sake dont the thousands of milliinair/billionaire persons having their buisnesses torched or trashed in many cities do a class action lawsuit suing mayors and govenors into generational poverty?????Or for shutting down planet wide economy based on quack science covid # what was it???
    Hopefully this group of younger generation will lawyer up spend a bit of their newfound wealth and do just that...sadly the rich in my generation are doing nada.
    Me too!

    GameStop being played by shortstoppers. LOL!!!

    I would love for this to go on for days and weeks but I have a funny feeling that Wall St. and big money will be able to 'influence' their way out of losing their shirts by pulling some strings back stage.

    We the people won't ever know about the deals negotiated, but I am expecting them to be somehow bailed out, perhaps at taxpayers' expense? I hope I am wrong.

    I hope this triggers a wave, a tsunami of similar short-covering nightmares for the hedge fund gamblers.

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    Default Re: This GameStop Short Squeeze is Making History!

    No, I think you're right on the money...
    Empty your mind, be formless, shapeless — like water...Now water can flow or it can crash. Be water, my friend. Bruce Lee

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    Default Re: This GameStop Short Squeeze is Making History!

    thanks for this thread..can anybody explain like i'm 5 what's going on?

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    United States Avalon Member TargeT's Avatar
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    Default Re: This GameStop Short Squeeze is Making History!

    Quote Posted by apokalypse (here)
    thanks for this thread..can anybody explain like i'm 5 what's going on?
    for decades banks have abused the financial system to "bet against" struggling businesses, they purchase "naked shorts" (it costs almost nothing to do this) betting that the companies stock will fall to a certain level by a certain date.

    it was quickly found out that if a lot of hedge funds did this same thing they could cause a "sell off" (holders of the stock would panic because of the large moves to the negative and either sell off their stock manually to be safe or the movement would trigger "stop loss" settings that automatically sell your investments if they fall too much in value).

    In essense: they could collude to make obnoxious profits with almost no risk.


    https://www.reddit.com/r/wallstreetbets/ obvserved this behavior and how over the top it was getting.

    It' now correcting the situation by over riding 100's of millions of shorts.....

    this event will echo through out history.

    (this topic is VERY complex, the above is a breif summary.... there is FAR more involved than just the financial aspect)

    Quote Posted by DaveToo (here)
    Quote Posted by pyrangello (here)
    The great awakening is happening everywhere.
    Really?

    Do you honestly think this GME episode will translate into the normies around the world waking up to the scamdemic?
    It's global at this point... so yes.... all that was needed was a good motivator apparently? (aka, money & the innate disgust at seeing the powerful take advantage of the weak)
    Hard times create strong men, Strong men create good times, Good times create weak men, Weak men create hard times.
    Where are you?

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    Default Re: This GameStop Short Squeeze is Making History!

    Quote Posted by apokalypse (here)
    thanks for this thread..can anybody explain like i'm 5 what's going on?
    trying to upload an image here that explained it well for me being a 3 year old in this subject.
    Attached Thumbnails Attached Thumbnails Click image for larger version

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    United States Avalon Member TargeT's Avatar
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    Default Re: This GameStop Short Squeeze is Making History!

    Quote Posted by meat suit (here)
    Quote Posted by apokalypse (here)
    thanks for this thread..can anybody explain like i'm 5 what's going on?
    trying to upload an image here that explained it well for me being a 3 year old in this subject.
    that is a well written summary of the current situation.

    but it doesn't emphasize the current setting... this has explode globally, even Asian billionaires are getting in on this... the market opens in 5 min and the stock is already up 200%
    Hard times create strong men, Strong men create good times, Good times create weak men, Weak men create hard times.
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    Default Re: Market manipulation over GameStop stock = The French Revolution of Finance

    Quote Posted by TargeT (here)
    I have a limit set for 300 @ $5,000 and another for 400 @ $10,000 at the top end with some smaller steps before hand
    TargeT, you're not saying you expect GME to go to $10K per share, are you?
    Before you speak, ask yourself, is it kind, is it necessary, is it true, does it improve on the silence?

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  33. Link to Post #37
    United States Avalon Member TargeT's Avatar
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    Default Re: Market manipulation over GameStop stock = The French Revolution of Finance

    Quote Posted by Alan (here)
    Quote Posted by TargeT (here)
    I have a limit set for 300 @ $5,000 and another for 400 @ $10,000 at the top end with some smaller steps before hand
    TargeT, you're not saying you expect GME to go to $10K per share, are you?
    maybe much higher


    the leverage that /r/wallstreetbets has created is technically infinite given that the share holders do not sell ... it could go to 100,000/share if no one sells (i highly doubt that)

    Shorts are obligated to purchase some 60 million shares. There aren’t even that many in rotation so the HOLDers set the price. There is no price out of the question at this point as long as shares are held and there is NOTHING they can do about it.
    Last edited by TargeT; 29th January 2021 at 14:27.
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    Default Re: This GameStop Short Squeeze is Making History!

    Quote Posted by apokalypse (here)
    thanks for this thread..can anybody explain like i'm 5 what's going on?
    Here's a pretty good primer from yesterday that I wrote.
    When in doubt, do the next right thing.
    My blog: http://grayseconomy.com

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    United States Avalon Member TargeT's Avatar
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    Default Re: This GameStop Short Squeeze is Making History!

    Quote Posted by DaveToo (here)
    Quote Posted by eagle0027 (here)
    I am absolutly luving this.Think it will get very interesting in a feeling of this being only the start.
    Have been sitting for months wondering..why for god sake dont the thousands of milliinair/billionaire persons having their buisnesses torched or trashed in many cities do a class action lawsuit suing mayors and govenors into generational poverty?????Or for shutting down planet wide economy based on quack science covid # what was it???
    Hopefully this group of younger generation will lawyer up spend a bit of their newfound wealth and do just that...sadly the rich in my generation are doing nada.
    Me too!

    GameStop being played by shortstoppers. LOL!!!

    I would love for this to go on for days and weeks but I have a funny feeling that Wall St. and big money will be able to 'influence' their way out of losing their shirts by pulling some strings back stage.

    We the people won't ever know about the deals negotiated, but I am expecting them to be somehow bailed out, perhaps at taxpayers' expense? I hope I am wrong.

    I hope this triggers a wave, a tsunami of similar short-covering nightmares for the hedge fund gamblers.

    SEC reviewing recent trading volatility amid GameStop frenzy, vows to protect ‘retail investors’

    this has grown beyond cover up, it's time these folks paid the piper



    It's gross how corruption ruins everything; this phenomon is u pushing back.
    Last edited by TargeT; 29th January 2021 at 14:42.
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    United States Avalon Member TargeT's Avatar
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    Default Re: This GameStop Short Squeeze is Making History!

    The short position is up to 140% now.... Apparently not only do these fund managers not care, but they are clueless to the situation?

    that's like 80 MILLION shares that have to be bought back.... there are only 65 million in existence .....
    Hard times create strong men, Strong men create good times, Good times create weak men, Weak men create hard times.
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