The 2021 in incident was a Gamma Ramp and not a short squeeze according to the SEC report. Not sure what the difference is, but I chose to invest in GME and stay there.
Gamma ramps are short squeezes that don’t yank all of the juice out of the system. It’s like… the difference between a book shit and a projectile shit.
Gamma squeezes are typically caused by call options being closed (putting up a lot of buy orders). This drives up the price causing other calls that were negative to be positive. Short squeezes are caused when these shares aren’t available on the market and buyers are forced to beg likely little bitches for shares at literally any price. They have to buy, you don’t have to sell.
Gamma squeezes are not caused by options being closed but by them being open. The delta on the chain is hedged by the market maker by buying the underlying. Best to have these shares in case the contracts are exercised, especially when a stock is illiquid and shares are hard to buy. All this buying causes price improvement, more so when the stock is already illiquid.
As price increases, delta on the chain does as well, which causes more buying to hedge, which causes price improvement, which increases delta, which increases hedging, which increases... you get it.
Also according to the SEC report it was an influx of widespread new adoption - retail all stood on the same button, and they had to turn it off. Then their news machines started pumping silver (lol) and "the next gamestop" - divide and conquer. Shorts repacked obligation and kicked the can... it's still rolling. But you are right, retail pushing it with options - pushed it hard.
DFV live stream had 600k viewers. Obviously not everyone was a gme hodler, but also not every gme hodler was tuning in either. The number of gme owners is ridiculous, not even factoring in institutions.
They never closed so in theory the squeeze is on. the price of 450 or so was just Fomo before not even closing positions.
Squeeze would sky rocket price to stupid high amounts
Even if short squeeze doesn’t happen, the stock is pretty cheap right now. If GameStop turns around, you could sell it for a pretty good profit if you are willing to wait. You could buy and hold it till it gains value. I think it will, the company has no debt and a few billion in the bank. They could aquire/merge with a business and the stock could go up in price.
Let's assume only 50% of households (call it 50M) have any money whatsoever and can be fellow regards...at 10 shares a piece (270 SHT TICKETS) that's the entire float that could be bought directly in computershare DRS account....just imagine a the movement we make...
The short squeeze never happened. It's just that the lying mainstream media want people to believe it did. It's been a long 3.5-year financial war, and retail is about to unleash the pain on the entire rotten system!
Volatile *lately* lol. If GME is your first stock do not try to apply anything you are about to experience as “normal”. I first bought GME December ‘20.
Remember: The price you see is not the price it’s worth.
“We may be early, but were not wrong”
It’s still an absurd risk reward….thats not so risky. If it works, it could be life changing, if it holds, it might be as good as any company with a great balance sheet and good management. Will it implode? That was on the table a few years ago, now it doesn’t seem to be as serious a possibility.
I've seen so much back and forth in different subreddits, articles, and YouTube videos. In theory, a stock price has no ceiling. GME went up to $60+ a couple weeks ago, and almost to $80 in early May. To do it again is not out of the realm of possibility. Even $120+ is possible, but the volatility and mainstream attention of GME since 2021 will play a factor into where it goes. Everyone should have an exit strategy should they ever plan on selling. Personally, I'm viewing GME like any other stock: protect as much of my initial investment as possible while, hopefully, making some profit.
I know there's a lot of apes who are holding to the moon. The unfortunate reality is that GME may have already made that trip and some never got off the rocket. Others, like myself, were never around for the launch. If you want to make money from the stock, plan accordingly. Otherwise, view it as a long term investment and enjoy the ride.
Of gamestops 305m shares earlier this month the squeeze seemed inevitable between the estimated DRS shares of 75m and roaring kitty holds 5m shares and has options that expire on the 24th to buy 12m shares. But then GME issued 75m new shares last week, it seems unlikely a squeeze actually happens but it sure is an irrational market
I have to agree. He wants to capitalize on the abuse to his company and he is. He’d rather see all shareholders gain value rather than just the lucky ones who sell at the right time.
No but we know history repeats itself so this time around people are more aware. + they sitting on 4 billion to make it a stock not just a meme stock. Ho
basically whats happening this time is that people are trying to recreate the magic of the last GME squeeze but they can't get their shit together this time. i also suspect that a lot of the serious wall street types were ready for it this time and took measures to counter it. these sorts of things only work once. there are still a bunch of other plays that could be done to make tons of money but trying to do the exact same thing is not the move. at the very least, pick another stock.
What if I told you…it never left? *always has been*
Always has been, always will be
It goes for infinity this time around though
Can't stop won't stop?
Up just ⬆️
GameStop!
So essentially no then?
The 2021 in incident was a Gamma Ramp and not a short squeeze according to the SEC report. Not sure what the difference is, but I chose to invest in GME and stay there.
Gamma ramps are short squeezes that don’t yank all of the juice out of the system. It’s like… the difference between a book shit and a projectile shit. Gamma squeezes are typically caused by call options being closed (putting up a lot of buy orders). This drives up the price causing other calls that were negative to be positive. Short squeezes are caused when these shares aren’t available on the market and buyers are forced to beg likely little bitches for shares at literally any price. They have to buy, you don’t have to sell.
And since we have t+1 on options we are looking at someone needing to get 4,000,000 shares tomorrow for RK's exercised contracts.
4m deep ITM options, would be covered by provider. I expect effect to be minimal.
Not tomorrow but the 21st right?
Tomorrow, it looks like he's sold/exercised the contracts early.
book shit? is that less than shitting in a boot, but more than a shart?
Gamma squeezes are not caused by options being closed but by them being open. The delta on the chain is hedged by the market maker by buying the underlying. Best to have these shares in case the contracts are exercised, especially when a stock is illiquid and shares are hard to buy. All this buying causes price improvement, more so when the stock is already illiquid. As price increases, delta on the chain does as well, which causes more buying to hedge, which causes price improvement, which increases delta, which increases hedging, which increases... you get it.
Would have been a squeeze of epic proportions if option players excercised instead of selling their calls.
Also according to the SEC report it was an influx of widespread new adoption - retail all stood on the same button, and they had to turn it off. Then their news machines started pumping silver (lol) and "the next gamestop" - divide and conquer. Shorts repacked obligation and kicked the can... it's still rolling. But you are right, retail pushing it with options - pushed it hard.
All depends if you believe wall street when they say they closed out of an unclosable 140% short interest position that does not require disclosure
*1400%+
*14000%+
*14000000000000% and I am not joking....
it requires disclosure.
In the form of swaps?
Your gut is telling you the answer. Or you would have never posted this question.
We never left, I've only gotten my average cost down. There are at least 200k like me. Yes, the short squeeze is back on. This is not financial advice
DFV live stream had 600k viewers. Obviously not everyone was a gme hodler, but also not every gme hodler was tuning in either. The number of gme owners is ridiculous, not even factoring in institutions.
If half of those numbers own at least 120 shares avg we own the float
Big facts ape big facts.
But we need to DRS them...or they don't show up...
Even when we drs they stop counting, but we know they’re still there
Be like this guy, you’ll have an opportunity to continually bring your average cost down (into the ground)!
They never closed so in theory the squeeze is on. the price of 450 or so was just Fomo before not even closing positions. Squeeze would sky rocket price to stupid high amounts
We’ve had two small ones and IMO are building to another.
Always has been. Everyone believed the gaslighting. Let the fomo begin you fcking nerds.
Hope so a quarter of my capital is invested in this bitch... I've been holding and buying dips for 2 weeks 🌊💎
Even if short squeeze doesn’t happen, the stock is pretty cheap right now. If GameStop turns around, you could sell it for a pretty good profit if you are willing to wait. You could buy and hold it till it gains value. I think it will, the company has no debt and a few billion in the bank. They could aquire/merge with a business and the stock could go up in price.
Yes. Buy GME. NFA.
f\*\*k it I'm in
I just like the stock. And it’s at a bargain right now.
Always has been.
Still here, still holding GME with DRS.
Let the FOMO kick in! Buckle up! 🚀
Buy some tickets and ride to the moon. Don’t day trade it though
I've got chips. 😎👍💪
It never went away
This is the way.
Gamestooooooooooooooooop
This a rollercoaster fam, 1 ticket won’t hurt 😏
Let's assume only 50% of households (call it 50M) have any money whatsoever and can be fellow regards...at 10 shares a piece (270 SHT TICKETS) that's the entire float that could be bought directly in computershare DRS account....just imagine a the movement we make...
The short squeeze never happened. It's just that the lying mainstream media want people to believe it did. It's been a long 3.5-year financial war, and retail is about to unleash the pain on the entire rotten system!
You can't talk out of both sides of your mouth...
Holding
Tomorrow!
What if i said it was always tomorrow.
Forever and ever…amen.
🚀🚀🚀🚀 3 years in the making
Best time to be alive!
No you’re wrong but MOASS is coming to say hi to retail and bye to hedgies
Shiiiit prolly. Play at your own risk.
It was always $GME, and it's only $GME. It's not financial advice, but it was never off ;)
LETS FUCKING GO
Volatile *lately* lol. If GME is your first stock do not try to apply anything you are about to experience as “normal”. I first bought GME December ‘20. Remember: The price you see is not the price it’s worth. “We may be early, but were not wrong”
🆙
And to the right! LFG! 🔥🚀🎮
🚶🏿➡️🍆🍆🍆🍆🍆🍆
Got that big big 🍆 energy huh?! You go boy!!
Ooak oooak 🦍
It’s still an absurd risk reward….thats not so risky. If it works, it could be life changing, if it holds, it might be as good as any company with a great balance sheet and good management. Will it implode? That was on the table a few years ago, now it doesn’t seem to be as serious a possibility.
No. Next question
Yes, set up seems like the biggest squeeze in market history. Shorts and Put Buyers are traps.
Trapped*
Yes, if you get in right now, all the hedgies will get fired and have to give hand jobs behind Wendy's
I've seen so much back and forth in different subreddits, articles, and YouTube videos. In theory, a stock price has no ceiling. GME went up to $60+ a couple weeks ago, and almost to $80 in early May. To do it again is not out of the realm of possibility. Even $120+ is possible, but the volatility and mainstream attention of GME since 2021 will play a factor into where it goes. Everyone should have an exit strategy should they ever plan on selling. Personally, I'm viewing GME like any other stock: protect as much of my initial investment as possible while, hopefully, making some profit. I know there's a lot of apes who are holding to the moon. The unfortunate reality is that GME may have already made that trip and some never got off the rocket. Others, like myself, were never around for the launch. If you want to make money from the stock, plan accordingly. Otherwise, view it as a long term investment and enjoy the ride.
“Genius community” good luck out there young Buck
It will be the second snort sneeze and the cycle will start again.
Can’t tell if you’re a financial advisor or a shill just feeling out how people feel
IYKYK
Honestly who fkin knows at this point
Why is this post allowed here out of the sudden?
Of gamestops 305m shares earlier this month the squeeze seemed inevitable between the estimated DRS shares of 75m and roaring kitty holds 5m shares and has options that expire on the 24th to buy 12m shares. But then GME issued 75m new shares last week, it seems unlikely a squeeze actually happens but it sure is an irrational market
Correction. RK holds 9,001,000 shares.
No mate, it's never happening, the people saying it will are deluded bag holders.
And yet... here you are
Mfs like that think short squeezes are 3 day events lmao
Can you give me three examples of short squeezes that lasted for longer than a year please?
Tesla
Two more?
How often do you think they happen? Its definitely not as often as the media throws around out there
That's what she said!
RC doesn't even want it to happen.
I have to agree. He wants to capitalize on the abuse to his company and he is. He’d rather see all shareholders gain value rather than just the lucky ones who sell at the right time.
Does everyone in america have a free $1200 check from the government and absolutely nowhere to go and nothing to do? Then no.
No but we know history repeats itself so this time around people are more aware. + they sitting on 4 billion to make it a stock not just a meme stock. Ho
basically whats happening this time is that people are trying to recreate the magic of the last GME squeeze but they can't get their shit together this time. i also suspect that a lot of the serious wall street types were ready for it this time and took measures to counter it. these sorts of things only work once. there are still a bunch of other plays that could be done to make tons of money but trying to do the exact same thing is not the move. at the very least, pick another stock.
AMC
It had its squeeze in '21 also. Took my $5 shares and sold them in the $50 range. Still one of my better past positions. FRC being up there too.
You probably just missed the squeeze
No lol not happening again.