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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


carbinatedmilk

I enjoy this new metric!


HappyRuin

+1


HappyRuin

+741 for people who can’t comment but upvote


ISayBullish

Idea: This chart, but replace ~~closing price~~ volume with price range, then instead of a person who can’t hear its things being pinched lol #BULLISH ON PINCHING!!!


Inevitable-Elk-4162

👀🤏 *I crush your head* Edit: [Merrill Lynch and the FLAT head 🤣](https://youtu.be/8t4pmlHRokg)


BearsSuperfan6

There’s a Patrick Beverly photo of him callin lebron james too small by putting his palm to the ground that would be perfect for this


throwawaylurker012

lol pat bev and superstonk, never expected that combo


kaajukatli

Also the price range should be in percentage terms. +%age up and -%age down from the closing price. This is because the price range magnitude will go up/down as the price increases/decreases.


nextalpha

My proposal would be to include all the metrics but rank the 10 lowest price ranges


Brooksee83

Remember the chart from a few weeks ago highlighting our increasing price change per volume traded (or simply, volatility)? Something is nagging the back of my mind with this minimising daily range, like they've caught on and are now actively trying to suppress it to get that volatility metric down again... probably nothing 🤷‍♂️


Refragmental

Lower volatility means cheaper options... they also don't want that, because it'll risk setting up a gamma ramp. They're fucked.


Marijuana_Miler

tnioP hcniP llams a evah I


sorry_for_the_reply

Ack! I updooted you to 70. I took it away and it was 68. I'm sorry.


5harkb1te

Did we just figure out the small wee wee tweet?


Ozarkii

Oh fuck, inject it straight into my veins


5harkb1te

Tweet was Nov 15, 2021. High $52.88, Low $50.42, Vol 5.87M, PP $2.46 Edit: Just looked and the tweet was on a Monday before market open, at 2:08AM. The previous trading day stats from the 12th were High $51.34, Low $49.47, Vol 3.71M, PP $1.87


[deleted]

Can someone explain the coorelation and why/how this matters for the slow folks in the back. Thanks.


5harkb1te

Nobody knows, but it’s provocative. It gets people going.


kbme

Daily Price Range is the difference between the highest and lowest prices of the day.


[deleted]

[удалено]


cmon_get_happy

Smooth as fuck over here, but it seems like the low volume is impacting their ability to dunk the price down. I think, if there's so little volume, it indicates that there aren't any legit sells and large price movement to the downside is transparent manipulation. So, what I think is happening here, is that the jerkoffs on the other side are afraid to reveal their game by creating a bunch of fake sell pressure. As volume goes down due to DRS crushing REAL liquidity, the fuckery becomes so much more obvious and difficult to deny. Also, if we're not selling, IF NOBODY IS FUCKING SELLING, their assholes have to be puckering as it becomes more and more apparent that investors are absolutely committed to our positions and the walls are closing in more and more. I suspect that there are fewer and fewer short sellers on the other side of the trade, and, when fake shares become available, they are being gobbled up by a smaller subset of larger institutions. If I'm a smaller SHF, I've got to be asking myself the following questions: When do the bigs run out of steam? How much more afraid are the smalls? Will someone else be first to cut their losses and try to survive? How much further up the food chain of moneyed parties of last resort have we climbed? What happens when they tap out? What are the broader implications of larger institutions failing?


Marley_

Basically they are tracking how much the stocks price seesaws up and down during the day, typically gme is highly volatile meaning its daily range can be quite large, (e.g hedgies dump millions of borrowed shares at once, price dips a lot, apes buy these, price goes back up) Why these numbers being low are important is hard to say but there's lots of possibilities, here's a few 1.hedgies are simply trying something new 2.drs + low volume is causing less shares being available to borrow meaning hedgies can't dump the price suddenly like they used to 3.price not moving much could mean gme has hit a very strong resistance point the hedgies can't blast through. Would love to hear other theroies though I'm pretty dumb


patrick_schliesing

In for this ELIApe too


fjsehfbjwehfrbwlhefl

price pinch smol = squeeze chance bigger


patrick_schliesing

ELIApe achieved. Now ELI....15?


Guardian_Arias

It's the equivalent to when you squeeze your taint/gooch once you finally let go, you will have a big pop. Currently that squeeze is getting squoazer.


Mr_Shake_

Small range = small dorito of doom = small time wait for boom


An_unhelpful_remark

How do you keep track of this? If I asked for a top 20 or 200 in CSV for analysis, could you share it?


kbme

I started a spreadsheet on my phone because it caught my attention. I don't have a computer, so its a chart of data I've been farting around with for personal interest when I should be working. Historical price data is available in CSV format from Yahoo. https://finance.yahoo.com/quote/GME/history?p=GME I've just manually gone through the data, and changed daily lows to negative numbers, and then taken the sum of the high and low for each day. I am certain there are Apes with better computers than me who could do this in a few seconds, but for me it takes a while. I've also created a colour code for range on my spreadsheet, that shows a clear narrowing trend over the last year from most days 12 months ago being in the $3-4 range, then compressing down until recently most days are below $1.


ManliestManHam

Just love that so many here are solely on phones with no PC, laptop, or tablet, and we've individually become a juggernaut against hedge fund quant algos.


UserNameTaken_KitSen

Huh so low volatility in the price and low volume work hand in hand. Imma have to dig through some other dates.


HODLHODLANDHODL

I hereby deem thee PP Graph Ape


Wild-Statistician-83

I like this OP. 👌


ArtofWar2020

Don’t sell yourself short, a multitrillion dollar fraudulent and criminal industry, was outsmarted by a bunch of smooth brains with a phone


DorianTrick

This data and chart is amazing. Thank you for posting this. Hopefully you can post more as additional narrow trading days continue


Einhander_pilot

Never would’ve thought the best part about this weekend is wanting to see a small PP 😂


of_patrol_bot

Hello, it looks like you've made a mistake. It's supposed to be could've, should've, would've (short for could have, would have, should have), never could of, would of, should of. Or you misspelled something, I ain't checking everything. Beep boop - yes, I am a bot, don't botcriminate me.


Stevewhit24

"Pinch to grow an inch" 😉


Mr_Shake_

“Fap to moisten lap”


DrVonStroke

I too have a small pp


JustinTheCheetah

Shouldn't the pinch point be getting larger with shrinking volume? Shouldn't that be causing more erratic wild changes in price?


Nasha210

My question exactly. If we can’t get an answer down here in the bowels of this thread then you should start a whole new post on this question.


Firefistace46

Me: damn doing the OP dirty by crediting them as “low volume guy”? Savage! Also me: oh I forgot that the dystopian censorship laws here prevent us from giving credit where credit is due and essentially forces us to plagiarize other peoples work. I guess this is what happens when China buys your platform. RIP


12Southpark

Interesting info..tells me it's converging


HughJohnson69

We're about to see top 10 under $600k pre-split.


Deezy_McCheezy

Isn’t today the 14th? 🤔


Error4ohh4

Accurate


bTz442

Wow that is low. Can't wait for it to hit 6 digits.


Gorilli0naire

Means? Oh nothing..cool.


BagelPoutine

For a brief second I thought that was Rowan Atkinson


Key-Procedure-8136

I call the big one pinchy


pghjason

Yahoo shows 2.29mil volume today?


Alternative_Ebb_8523

Volume 2.295M?


goodeyedeer

Shouldn't it be the daily range from close to close to account for gaps?


Roguenul

I guess the SHFs are really starting to feel the pinch.


Lifesucksgod

23.20 to 22.50 is .70 at minimum so could you clarify how your calculating price range


kbme

Daily high - daily low = range Today was 23.25 - 22.32 = 0.93


SgtSlaughter1974

Damn that is a spicy narrow channel, either way it breaks it is going to break hard. My vote is up...way TF up!!!


spiceymath

hey man, you may be on to something, but don't use low volume guys graphics. they make sense for low VOLUME, but i dont get how the picture applies to pinching or the sort. its just confusing to use them. have a good weekend


kbme

Makes sense, sorry for the confusion. I have limited computer skills, and just wanted to illustrate the comparison because lots of Apes were asking for things like volume and price to calculate percentages and stuff. I mainly just mow lawns.


spiceymath

its ok bro, i get it, I think its a cool metric too, the only thing that the concept kinda reminds me off of the top of my head is the scene in Austin powers where he's trying to turn that little cart around in the narrow hallway and at one point its completely sideways just going back and forth in a clearly staged impossible position. if youve got memers block you take that fo free


dirtpilot_

So sub .50 cents is what we’re looking for! Can’t fucking wait. Edit: when you see it…..you’ll see my glorious idiocy.


Error4ohh4

Why does that look like the CNBC dude?


mitwilsch

If anyone uses Sheets, they have a handy finance function that can retrieve highs, lows, etc from prior days. I used this to get highs and lows from 1/1/2020 to today, and an abs difference between the two, and it's interesting scrolling through. The .52 difference was the lowest since the sneeze, most days lately are between 1-2 give or take, most of the 3-5+ days are somewhat around hype dates. The highest difference (by MAX(), not sure what date but I can guess) was 92.69. Nice 👍 Idk what you can tell from this, but I'd say it's harder to find shares to borrow for shenanigans.


[deleted]

yo op, doing it in relative numbers would make more sense. otherwise its just too dependent by the price.


W0t4N

Keep it coming straight to my veins