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Thread: This GameStop Short Squeeze is Making History!

  1. Link to Post #101
    Avalon Member mountain_jim's Avatar
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    Default Re: This GameStop Short Squeeze is Making History!

    I don't believe anything, but I have many suspicions. - Robert Anton Wilson

    The present as you think of it, and in practical working terms, is that point at which you select your physical experience from all those events that could be materialized. - Seth (The Nature of Personal Reality - Session 656, Page 293)

    (avatar image: Brocken spectre, a wonderful phenomenon of nature I have experienced and a symbol for my aspirations.)

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  3. Link to Post #102
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    Default Re: This GameStop Short Squeeze is Making History!

    Quote Posted by mountain_jim (here)


    This is the way
    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!

    just checking to see if anyone has a tip as to who does NOT operate through "order flow"?

    and reminder ... as the news will surely NOT point out .. that "order flow" divulges the movement of shares AS intended (because since the transaction is now given to the likes of CITADEL who ALSO compete)

    it gives them "heads up" on what is coming which has allowed them to ALWAYS win

    sort of ... no ... scratch that ..

    EXACTLY like seeing your opponents hand BEFORE making your next play

    except the play is used to make BILLIONS and WE are the ones who lose ....

    so?

    any one know who doesn't use it? or if DIRECT purchase is available from Game Stop?
    betrayal of Self, is betrayal nonetheless and betrayal of the HIGHEST kind ...

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  7. Link to Post #104
    United States Avalon Member TargeT's Avatar
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    Default Re: This GameStop Short Squeeze is Making History!

    Quote Posted by iota (here)
    just checking to see if anyone has a tip as to who does NOT operate through "order flow"?

    and reminder ... as the news will surely NOT point out .. that "order flow" divulges the movement of shares AS intended (because since the transaction is now given to the likes of CITADEL who ALSO compete)

    it gives them "heads up" on what is coming which has allowed them to ALWAYS win

    sort of ... no ... scratch that ..

    EXACTLY like seeing your opponents hand BEFORE making your next play

    except the play is used to make BILLIONS and WE are the ones who lose ....

    so?

    any one know who doesn't use it? or if DIRECT purchase is available from Game Stop?
    honestly doesn't matter at this point as long as you just HOLD... they can't leverage that information or your shares if you don't sell


    at this point it seems clear that there is a huge amount of naked shorts (very illegal) so we can impact this very easily by holding our shares and not selling, GME is a once in a life time opportunity, nothing else is similar currently and I think the lesson this movement will teach will end the possibility of this happening again.
    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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  9. Link to Post #105
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    Default Re: This GameStop Short Squeeze is Making History!

    I have read two concerning things

    1) The co-incidental and likely engineered hype of Silver

    2) Citadel own a lot of Silver

    So would the pump in silver help Citadel cover losses?

    There is a lot of conflicting information on how many of the 140% shorts have now been covered.

    --

    Also, check out this superbly written thing on https://isthesqueezesquoze.com/


    Quote Posted by https://isthesqueezesquoze.com/
    the squeeze has not been squoze.

    Public Service Announcement

    This is not a game. The people who originated this meme like to have fun with stupid stock bets, we like to pretend we're monkeys throwing darts, but though we enjoy talking like idiots, we actually do know the difference between delta and theta. We understand what role a clearinghouse performs. We were playing GME weeks ago, at $10-$50, as it became clear that DFV was actually right. We put in money we could afford to lose, because we knew we were speculating on a potential short squeeze.

    If these statements don't describe you - if you don't know options greeks, if you don't understand how the market works, and especially if you are gambling with money that would cause you problems if you didn't have it anymore - then pull your head out of your ass, return to the real world with your real obligations and expenses, and don't increase your exposure any more. There's an emotional high in gambling, especially when you're doing it with lots of other euphoric people. Don't let it screw up your life.

    This is not an epic crusade to get retribution on the financial sector for its reckless greed and the damage it's done to people's lives. It's just a stock play, undertaken to make money off of some hedge funds who got caught in an overexposed position. The financial industry as a whole does not care. This is just a blip on its radar.

    Anyway, here's the update.
    the situation (1/31 8 PM ET):

    short interest:

    30m (58% of float) by S3 Shortsight preliminary weekend data (1/31), 57.83m (113.31% of float) by S3 Shortsight (1/29), 38.6m (65.64% of float) by Ortex (1/28)
    short share public availability:

    0 (Interactive Brokers)
    short share public borrow rate:

    18.88 (Interactive Brokers)
    Shorts appear to be exiting their positions. There's a lot of speculation about how this is happening, or whether it is truly happening at all - there are tactics that can be used to "counterfeit" stock or manipulate disclosed short short interest - but the short interest numbers we've been following all along are definitely trending down.
    how often is this site updated? As often as the data is updated. Typically this is daily, before market open.

    wat

    OK, listen up, you late-to-the-party, crayon-eating homunculus, here's what's going on:

    Over the past year, hedge fund supervillains have made money by selling shares of Gamestop they don't actually own - they've just borrowed them. Short selling. If they sell enough they can drive the price down so far that when they eventually need to return the shares they borrowed, they can get them cheap. It's free money. They throw a couple hundred mil at this, chill in their offices watching live video feeds of homeless people being exsanguinated on the hoods of their vintage sports cars, write up an investor report, and call it a fiscal year.

    They borrowed and sold a record amount - they sold more shares, in fact, than are actually traded, far more than Gamestop's float. This shouldn't have been allowed to happen and probably means they were selling shares they never even bothered to borrow - naked shorts. (Where were you on that one, SEC?) Essentially, they were simultaneously betting on Gamestop going bankrupt and doing their best to drive them into bankruptcy. It's a good tactic when you need to find a way to pay for your old wife's alimony and your new wife's poolboy.

    But it presents an opportunity for the savvy degenerate gambler. Because these shares eventually need to be returned - after all, it does cost these funds money to borrow a share. And the higher the price goes, the more unstable it becomes, the more it costs to borrow. This means that at some point, they need to buy back those borrowed shares they sold.

    All 140% of them.

    So our visionary gambler, if they were to invest in Gamestop, would have a guaranteed buyer for their shares. And if millions of fellow degenerates were to ask their mother for an advance on their allowance so that they could buy Gamestop, too -

    And then, if a famous e-commerce CEO were to buy a ton of Gamestop shares, join the board, and announce they're going to be a big company again by doing internet things and esports and radical new stuff -

    And then, if a truly insane amount of call option buying - don't worry about it if you don't know - were to force market makers to rapidly buy up a ton of shares to fulfill all those options they sold in a wild phenomenon called a gamma squeeze that's basically the stock equivalent of an atmospheric microburst, suddenly spiking Gamestop's price to unheard-of levels -

    - hang on, I need a new pair of pants -

    Well then you'd have the perfect conditions for a short squeeze. The price is insanely high. There's a whole street of funds with deep pockets who absolutely must find a way to buy all those insanely expensive shares. And by buying them - 140% of the amount traded! - they're going to drive up the price even more. So one day, a fund will run out of money paying interest on their borrowed shares, and they'll have to drive GME's price through the roof buying enough shares to give them back. And as the price climbs, other short holders are going to be required to cover their borrowed shares by buying them. It's a runaway reaction where the more it happens, the more it happens. You know, one of those cute little phenomena like virus spread. Or nuclear bombs.

    So who are they buying from? That's right. At what price are they buying? Well, that depends.

    Hedge fund managers holding GME shorts would really, really like to convince GME stock holders to sell them some shares right now, before it climbs any higher, so that they can return the shares they borrowed and get out before they get steamrolled into bankrupcy. And they've got lots of tools at their disposal to do this: they can pump up other stocks to create FOMO, causing GME holders to sell their shares to go chase some shiny new meme. They can hire PR companies to astroturf these stocks on Elon Musk fan clubs and gambling forums. They can buy up shares and then, after trading hours are over, sell them in progressively cheaper tranches to drive down the stock price. They can wipe the hobo blood off their wattle and go cry on television about how they're being bullied. They can call up their investors, like Citadel, the company who processes all your orders, and tell them to stop letting people buy Gamestop while they try to drive the price down. They have, in fact, tried all of these things. But it hasn't worked - GME's price is higher than ever. It's out of control, now - there are too many people involved. There are other institutions involved, trying to extract maximum profit out of the shorts. The meme has reached critical mass.

    Now it's a classic million-player prisoner's dilemma: every GME holder has visions of selling their shares for unlimited chicken tendies and cocaine dipping sauce. Maybe they think they alone can sell, while everyone else can continue to drive the price up by holding. But if every degenerate gambler thought this way, and sold their shares, very quickly the short squeeze wouldn't happen. Short holders would buy up all the shares being sold at a painful but manageable loss, they would cover their position, and the nuke would never be detonated.

    What's a prisoner in this dilemma to do? At last, the point arrives. To avoid selling too early, the savvy degenerate gambler would wait until short interest - the amount of shares shorted out there - started to decline substantially. As long as nobody was defecting, nobody selling early, that decline in shares shorted would come with a spike in the price of the stock, as the few shares available are bought at astronomical prices. And this decline in shares shorted would distinguish this spike from gamma squeezes or regular old stock run-ups.

    Then and only then, as the nuke goes off, the stock price ascends past Alpha Centauri, and the short interest finally starts declining, the short squeeze has begun. And then it's every gambler for themself.
    resources:

    do your own research you apes, don't rely on me

    s3 shortsight (subscription)
    ortex short interest (trial + subscription)
    fintel short shares availability
    iBorrow short shares borrow rates
    Interactive Brokers borrow availability (free trial)

    by jp

    @inflammateomnia

    I am not a financial advisor and none of this is financial advice

    do your own research and come to your own conclusions

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  11. Link to Post #106
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    Default Re: This GameStop Short Squeeze is Making History!

    I don't know if this has been explained yet. TargeT keeps explaining the importance of holding the stock and not selling it.
    If the Hedge Fund shorters want to close their position they will have to buy a lot of shares.

    If you don't want to sell your shares (that means only a few shares will be bought) you are in the driver's seat as far as the stock price goes.

    For every share of stock bought a share of stock must be sold.

    So if the GME stock price for argument sake is now $328, and basically no one is willing to sell, then you could put in a sell price for a few shares at $385 or $390. That would immediately drive up the price to $385 or $390 as the shorters are scrambling to buy back as much stock as possible.

    etc. etc.

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  13. Link to Post #107
    United States Avalon Member TargeT's Avatar
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    Default Re: This GameStop Short Squeeze is Making History!

    Quote Posted by Anchor (here)
    I have read two concerning things

    1) The co-incidental and likely engineered hype of Silver

    2) Citadel own a lot of Silver

    So would the pump in silver help Citadel cover losses?

    There is a lot of conflicting information on how many of the 140% shorts have now been covered.

    --

    Also, check out this superbly written thing on https://isthesqueezesquoze.com/


    Quote Posted by https://isthesqueezesquoze.com/
    the squeeze has not been squoze.

    Public Service Announcement

    This is not a game. The people who originated this meme like to have fun with stupid stock bets, we like to pretend we're monkeys throwing darts, but though we enjoy talking like idiots, we actually do know the difference between delta and theta. We understand what role a clearinghouse performs. We were playing GME weeks ago, at $10-$50, as it became clear that DFV was actually right. We put in money we could afford to lose, because we knew we were speculating on a potential short squeeze.

    If these statements don't describe you - if you don't know options greeks, if you don't understand how the market works, and especially if you are gambling with money that would cause you problems if you didn't have it anymore - then pull your head out of your ass, return to the real world with your real obligations and expenses, and don't increase your exposure any more. There's an emotional high in gambling, especially when you're doing it with lots of other euphoric people. Don't let it screw up your life.

    This is not an epic crusade to get retribution on the financial sector for its reckless greed and the damage it's done to people's lives. It's just a stock play, undertaken to make money off of some hedge funds who got caught in an overexposed position. The financial industry as a whole does not care. This is just a blip on its radar.

    Anyway, here's the update.
    the situation (1/31 8 PM ET):

    short interest:

    30m (58% of float) by S3 Shortsight preliminary weekend data (1/31), 57.83m (113.31% of float) by S3 Shortsight (1/29), 38.6m (65.64% of float) by Ortex (1/28)
    short share public availability:

    0 (Interactive Brokers)
    short share public borrow rate:

    18.88 (Interactive Brokers)
    Shorts appear to be exiting their positions. There's a lot of speculation about how this is happening, or whether it is truly happening at all - there are tactics that can be used to "counterfeit" stock or manipulate disclosed short short interest - but the short interest numbers we've been following all along are definitely trending down.
    how often is this site updated? As often as the data is updated. Typically this is daily, before market open.

    wat

    OK, listen up, you late-to-the-party, crayon-eating homunculus, here's what's going on:

    Over the past year, hedge fund supervillains have made money by selling shares of Gamestop they don't actually own - they've just borrowed them. Short selling. If they sell enough they can drive the price down so far that when they eventually need to return the shares they borrowed, they can get them cheap. It's free money. They throw a couple hundred mil at this, chill in their offices watching live video feeds of homeless people being exsanguinated on the hoods of their vintage sports cars, write up an investor report, and call it a fiscal year.

    They borrowed and sold a record amount - they sold more shares, in fact, than are actually traded, far more than Gamestop's float. This shouldn't have been allowed to happen and probably means they were selling shares they never even bothered to borrow - naked shorts. (Where were you on that one, SEC?) Essentially, they were simultaneously betting on Gamestop going bankrupt and doing their best to drive them into bankruptcy. It's a good tactic when you need to find a way to pay for your old wife's alimony and your new wife's poolboy.

    But it presents an opportunity for the savvy degenerate gambler. Because these shares eventually need to be returned - after all, it does cost these funds money to borrow a share. And the higher the price goes, the more unstable it becomes, the more it costs to borrow. This means that at some point, they need to buy back those borrowed shares they sold.

    All 140% of them.

    So our visionary gambler, if they were to invest in Gamestop, would have a guaranteed buyer for their shares. And if millions of fellow degenerates were to ask their mother for an advance on their allowance so that they could buy Gamestop, too -

    And then, if a famous e-commerce CEO were to buy a ton of Gamestop shares, join the board, and announce they're going to be a big company again by doing internet things and esports and radical new stuff -

    And then, if a truly insane amount of call option buying - don't worry about it if you don't know - were to force market makers to rapidly buy up a ton of shares to fulfill all those options they sold in a wild phenomenon called a gamma squeeze that's basically the stock equivalent of an atmospheric microburst, suddenly spiking Gamestop's price to unheard-of levels -

    - hang on, I need a new pair of pants -

    Well then you'd have the perfect conditions for a short squeeze. The price is insanely high. There's a whole street of funds with deep pockets who absolutely must find a way to buy all those insanely expensive shares. And by buying them - 140% of the amount traded! - they're going to drive up the price even more. So one day, a fund will run out of money paying interest on their borrowed shares, and they'll have to drive GME's price through the roof buying enough shares to give them back. And as the price climbs, other short holders are going to be required to cover their borrowed shares by buying them. It's a runaway reaction where the more it happens, the more it happens. You know, one of those cute little phenomena like virus spread. Or nuclear bombs.

    So who are they buying from? That's right. At what price are they buying? Well, that depends.

    Hedge fund managers holding GME shorts would really, really like to convince GME stock holders to sell them some shares right now, before it climbs any higher, so that they can return the shares they borrowed and get out before they get steamrolled into bankrupcy. And they've got lots of tools at their disposal to do this: they can pump up other stocks to create FOMO, causing GME holders to sell their shares to go chase some shiny new meme. They can hire PR companies to astroturf these stocks on Elon Musk fan clubs and gambling forums. They can buy up shares and then, after trading hours are over, sell them in progressively cheaper tranches to drive down the stock price. They can wipe the hobo blood off their wattle and go cry on television about how they're being bullied. They can call up their investors, like Citadel, the company who processes all your orders, and tell them to stop letting people buy Gamestop while they try to drive the price down. They have, in fact, tried all of these things. But it hasn't worked - GME's price is higher than ever. It's out of control, now - there are too many people involved. There are other institutions involved, trying to extract maximum profit out of the shorts. The meme has reached critical mass.

    Now it's a classic million-player prisoner's dilemma: every GME holder has visions of selling their shares for unlimited chicken tendies and cocaine dipping sauce. Maybe they think they alone can sell, while everyone else can continue to drive the price up by holding. But if every degenerate gambler thought this way, and sold their shares, very quickly the short squeeze wouldn't happen. Short holders would buy up all the shares being sold at a painful but manageable loss, they would cover their position, and the nuke would never be detonated.

    What's a prisoner in this dilemma to do? At last, the point arrives. To avoid selling too early, the savvy degenerate gambler would wait until short interest - the amount of shares shorted out there - started to decline substantially. As long as nobody was defecting, nobody selling early, that decline in shares shorted would come with a spike in the price of the stock, as the few shares available are bought at astronomical prices. And this decline in shares shorted would distinguish this spike from gamma squeezes or regular old stock run-ups.

    Then and only then, as the nuke goes off, the stock price ascends past Alpha Centauri, and the short interest finally starts declining, the short squeeze has begun. And then it's every gambler for themself.
    resources:

    do your own research you apes, don't rely on me

    s3 shortsight (subscription)
    ortex short interest (trial + subscription)
    fintel short shares availability
    iBorrow short shares borrow rates
    Interactive Brokers borrow availability (free trial)

    by jp

    @inflammateomnia

    I am not a financial advisor and none of this is financial advice

    do your own research and come to your own conclusions
    the silver pump is largely from Reddit... and they are "hold" maniacs..... so I'm not sure, but yes you are absoulutely correct... this could be a counter move in desperation to try and safe the fall of GME.


    that's why I'm 90% focused on GME... I want this to happen, it's needed...

    already more people have looked into the stock market and how high finance works than before... this is already doing amazing things..

    This is probably one of the most impactful thing's i have participated in over my life... this will have further reaching change than anything I've done.

    I'm proud to be HOLDer.

    however,... silver is industrially used and very well could go up... I think 35+ is reasonable... it's heavily shorted and a "industrial" metal as well (so its used in solar panels and other things etc...).


    UPDATE:

    Slvr price is falling pre market... Hmmm... same pattern as GME..... lol we'll see what tomorrow brings!
    Last edited by TargeT; 1st February 2021 at 05:19.
    Hard times create strong men, Strong men create good times, Good times create weak men, Weak men create hard times.
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  15. Link to Post #108
    United States Avalon Member TargeT's Avatar
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    Default Re: This GameStop Short Squeeze is Making History!

    hahah, this is awesome!

    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 TargeT (here)
    hahah, this is awesome!

    Quote Coming soon to an AMC near you
    Now that line is comedy gold....

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  19. Link to Post #110
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    Default Re: This GameStop Short Squeeze is Making History!

    For those interested in how this really works and how deep the rabbit hole goes, here is a decent write-up of how this shorting attack fraud works and why it has continued to work.

    http://counterfeitingstock.com/CS2.0...tingStock.html

    Here is a graphic from the article I linked to above



    This is another aspect of the swamp draining, so much hidden.

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  21. Link to Post #111
    United States Avalon Member TargeT's Avatar
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    Default Re: This GameStop Short Squeeze is Making History!

    Great video of the guy who discovered the GME shorts last summer

    Hard times create strong men, Strong men create good times, Good times create weak men, Weak men create hard times.
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  23. Link to Post #112
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    Default Re: This GameStop Short Squeeze is Making History!

    Looks like WE the People succeeded in making the 1% stand at attention and take notice!!

    now the Futures Trading Commission is keeping an eye out on Silver ...


    could it be we made them a tad nervous or something?

    Last edited by iota; 2nd February 2021 at 00:46.
    betrayal of Self, is betrayal nonetheless and betrayal of the HIGHEST kind ...

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

    Today's trading volume on GME proved that WE ARE HOLDING even through the large short ladder attacks (more illegal action by the shorts)

    This has gotten so big...

    Last edited by TargeT; 2nd February 2021 at 03:26.
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    Default Re: This GameStop Short Squeeze is Making History!

    Quote Posted by TargeT (here)
    Today's training volume on GME proved that WE ARE HOLDING even through the large short ladder attacks (more illegal action by the shorts)

    This has gotten so big...

    Whhaaaaa!!
    That is so great and yes, it does convey the mood.
    Ahh man, wish I had a suit too...
    Amazing how a suit changes the look, that Janet is no way fit to fight like that....lol

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    Default Re: This GameStop Short Squeeze is Making History!

    Quote Posted by TargeT (here)
    Today's trading volume on GME proved that WE ARE HOLDING even through the large short ladder attacks (more illegal action by the shorts)

    This has gotten so big...
    That's funny, I was going to comment on a possible Freudian slip and when I hit the reply button, the exact word I was going to comment on had changed!

    In your post you wrote 'training' volume, and in my quote here it changed to 'trading' volume!

    Anyway, beyond that...
    I checked the stock price today but didn't check the volume.
    Was the volume down?
    What do you make of today's trades? Who was trading?
    Who was bringing the price down and how?
    Do you think there is hanky panky going on right now?
    How long can they play their games before this takes off again?

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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 motivation... the education... nothing about GME is a loss for "we the people"....

    I love seeing stuff like this




    It's so important for younger people to understand finance ... this movement is so useful / educational / inspirational.


    Quote Posted by DaveToo (here)
    Quote Posted by TargeT (here)
    Today's trading volume on GME proved that WE ARE HOLDING even through the large short ladder attacks (more illegal action by the shorts)

    This has gotten so big...
    That's funny, I was going to comment on a possible Freudian slip and when I hit the reply button, the exact word I was going to comment on had changed!

    In your post you wrote 'training' volume, and in my quote here it changed to 'trading' volume!

    Anyway, beyond that...
    I checked the stock price today but didn't check the volume.
    Was the volume down?
    What do you make of today's trades? Who was trading?
    Who was bringing the price down and how?
    Do you think there is hanky panky going on right now?
    How long can they play their games before this takes off again?
    it was strangely appropriate... is that intuition taking over when I type? haha


    Volume today was 1/20th AMC volume... it was extremely low & if you look at the sales contracts it was mostly done in bulks of 100 shares (typical inter hedge fund trading style)... we just saw a huge short ladder attack which most likely included the creation of more "naked shorts"... which is just BETTER for us that hold

    we are tracking the VW squeeze charts pretty accurately ... soon several large edge funds will have to spend billions to cover...... finally justice for all the businesses they tried to short sell to oblivion.

    heavy proof of naked shorts here from an experienced investor

    I've grown to really like this channel as far as being unbiased... highly recommend:



    Edit: TLDR: don't buy silver like I did
    Last edited by TargeT; 2nd February 2021 at 04:01.
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    Default Re: This GameStop Short Squeeze is Making History!

    Here is evidence to show that the Hedge Funds are scared and are hedging their shorts. There have been many million dollars invested in call options of $800 expiring in 3/19/2021 betting that the stock will go up more than $800 by 3/19/2021, as well as a big put option that the stock will decrease to less than $235 by 2/5/2021.

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    Default Re: This GameStop Short Squeeze is Making History!

    149,957 buys to 38,590 sells today.... today was another short ladder attack..... we are clearly winning with the volume and sales numbers I am reading.

    Quote The short squeeze is a ticking time bomb right now and all we have to do is hold to win. In a matter of days, short sellers will be FORCED to close their positions and clearing houses will be forced to purchase shares for all Fail-to-Delivers forcing the price to skyrocket and the squeeze to be squozen.
    https://www.reddit.com/r/wallstreetb...e_still_going/
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    Default Re: This GameStop Short Squeeze is Making History!

    Quote Posted by TargeT (here)
    149,957 buys to 38,590 sells today.... today was another short ladder attack..... we are clearly winning with the volume and sales numbers I am reading.

    Quote The short squeeze is a ticking time bomb right now and all we have to do is hold to win. In a matter of days, short sellers will be FORCED to close their positions and clearing houses will be forced to purchase shares for all Fail-to-Delivers forcing the price to skyrocket and the squeeze to be squozen.
    https://www.reddit.com/r/wallstreetb...e_still_going/
    still trying to understand how this works,
    so, the short guys have to buy back the shares they borrowed and return them.
    if nobody sells shares, how can they buy them, or are more shares issued?
    if they cant return shares will they go bust? if so who will want to then buy these over valued shares?

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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 TargeT (here)
    149,957 buys to 38,590 sells today.... today was another short ladder attack..... we are clearly winning with the volume and sales numbers I am reading.

    Quote The short squeeze is a ticking time bomb right now and all we have to do is hold to win. In a matter of days, short sellers will be FORCED to close their positions and clearing houses will be forced to purchase shares for all Fail-to-Delivers forcing the price to skyrocket and the squeeze to be squozen.
    https://www.reddit.com/r/wallstreetb...e_still_going/
    still trying to understand how this works,
    so, the short guys have to buy back the shares they borrowed and return them.
    if nobody sells shares, how can they buy them, or are more shares issued?
    if they cant return shares will they go bust? if so who will want to then buy these over valued shares?
    This is the core of the "short squeeze" they HAVE to buy those borrowed shares back, if no one sells they continue to get charged fee's for holding those shorts; eventually they will not be able to keep up with the interest rates and have to buy back..

    57 million shares are currently shorted, out of the 50 million in public float... $70 billion+ has been lost by these hedge funds so far.... it will only get WORSE for them.... the pressure builds

    this is a very unique situation, this video explains it fairly comprehensively



    TLDR:

    There are more shorts than actual stocks, we can name any price we want once they start to panic.
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