Thread: The end of the GME saga
02-09-2021, 04:08 PM
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#1
- MnB91
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The end of the GME saga
The newest report from FINRA is out. On 1/29 the short interest was 21m or 42% of float down from 121%. All the vulnerable shorts covered the day when brokers limited buying and the price tanked.
"It’s a ****ing model!!! It’s not even a real ****ing report! What a piece of ****"
"Up to date my ass. It says 1/29. **** off."
"Looks like the hedge funds are choosing to pay the fine for lying to the feds instead of showing us their hand."
JFL at GMEcels in full denial right now
"It’s a ****ing model!!! It’s not even a real ****ing report! What a piece of ****"
"Up to date my ass. It says 1/29. **** off."
"Looks like the hedge funds are choosing to pay the fine for lying to the feds instead of showing us their hand."
JFL at GMEcels in full denial right now
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02-09-2021, 04:12 PM
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#2
- Unstumpable
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So how much did the hedge funds lose on GME at the end?
02-09-2021, 04:12 PM
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#3
02-09-2021, 04:14 PM
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#4
- Glutebrahhh
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Yo does anyone know what happened to Roaring Kitten? The dude that set this whole thing off in the first place? Last I heard he had like $50M in gains. I want to beleaf he got out with all his money.
02-09-2021, 04:16 PM
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#5
- Ratfish
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Originally Posted By Unstumpable⏩
wrong question to askSo how much did the hedge funds lose on GME at the end?
some hedge funds were on the other side of the trade of course
GME will be a good deal again at about 3 dollars
Make Europe Germany Again
02-09-2021, 04:17 PM
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#6
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what goes up must come down.
02-09-2021, 04:29 PM
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#7
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Originally Posted By PISTELERO⏩
cliffs:Can you cliff in a language us non-ceo investors can understand? Srs
how many shares shorted by the hedge funds compared to the total amount of shares available to trade was a lot lower than what redditors kept parroting.
People who bought on/after 1/29 were fuked and people still holding will continue to be fuked
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02-09-2021, 04:35 PM
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#8
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Originally Posted By Glutebrahhh⏩
He sold some, but kept most I believe. Last I heard he was being investigated so he chose to stop posting on Reddit. He'll prolly come back once everything calms down. SEC are scum.Yo does anyone know what happened to Roaring Kitten? The dude that set this whole thing off in the first place? Last I heard he had like $50M in gains. I want to beleaf he got out with all his money.
HTC
02-09-2021, 04:36 PM
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#9
If you put $1k on it for stocks while it was $40, you could've turned it into $10k selling it at the $400+ margins.
And then if you timed it right, predicting it'd go back down, you could've taken that $10k and played put options on it. Multiplying your profits further.
The real winners were the ones who already had stock before the craze, and sold near the high.
I wasn't ballsy enough when I heard about it in the ~$60ish dollar range. But I was ballsy for Put Options when it was going to go down... just didn't have the capital to back it up.
Stock market and crypto, always a bunch of coulda shoulda woulda. People with massive gains. People with massive losses. What can you do. Just keep on investing in what you know, and educate yourself to know what else is possible.
And then if you timed it right, predicting it'd go back down, you could've taken that $10k and played put options on it. Multiplying your profits further.
The real winners were the ones who already had stock before the craze, and sold near the high.
I wasn't ballsy enough when I heard about it in the ~$60ish dollar range. But I was ballsy for Put Options when it was going to go down... just didn't have the capital to back it up.
Stock market and crypto, always a bunch of coulda shoulda woulda. People with massive gains. People with massive losses. What can you do. Just keep on investing in what you know, and educate yourself to know what else is possible.
02-09-2021, 04:36 PM
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#10
02-09-2021, 04:42 PM
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#11
- MnB91
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Originally Posted By Visel⏩
Ya those put options were expensive af on account of the volatility.If you put $1k on it for stocks while it was $40, you could've turned it into $10k selling it at the $400+ margins.
And then if you timed it right, predicting it'd go back down, you could've taken that $10k and played put options on it. Multiplying your profits further.
The real winners were the ones who already had stock before the craze, and sold near the high.
I wasn't ballsy enough when I heard about it in the ~$60ish dollar range. But I was ballsy for Put Options when it was going to go down... just didn't have the capital to back it up.
Stock market and crypto, always a bunch of coulda shoulda woulda. People with massive gains. People with massive losses. What can you do. Just keep on investing in what you know, and educate yourself to know what else is possible.
And then if you timed it right, predicting it'd go back down, you could've taken that $10k and played put options on it. Multiplying your profits further.
The real winners were the ones who already had stock before the craze, and sold near the high.
I wasn't ballsy enough when I heard about it in the ~$60ish dollar range. But I was ballsy for Put Options when it was going to go down... just didn't have the capital to back it up.
Stock market and crypto, always a bunch of coulda shoulda woulda. People with massive gains. People with massive losses. What can you do. Just keep on investing in what you know, and educate yourself to know what else is possible.
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02-09-2021, 04:43 PM
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#12
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Originally Posted By Destor⏩
Pretty much.Another day, another bunch of billions transferred from one hedge fund’s account to another hedge fund’s account
Tomorrow they’ll change places, and on and on it goes
Tomorrow they’ll change places, and on and on it goes
Their love of money will be their undoing though. If not in this life, then in the next.
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02-09-2021, 04:52 PM
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#13
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Originally Posted By MnB91⏩
When did this info come out? The price went up AH but it looks like its coming back down now. Would love to see it at 10 bucks by friday.The newest report from FINRA is out. On 1/29 the short interest was 21m or 42% of float down from 121%. All the vulnerable shorts covered the day when brokers limited buying and the price tanked.
"It’s a ****ing model!!! It’s not even a real ****ing report! What a piece of ****"
"Up to date my ass. It says 1/29. **** off."
"Looks like the hedge funds are choosing to pay the fine for lying to the feds instead of showing us their hand."
JFL at GMEcels in full denial right now
"It’s a ****ing model!!! It’s not even a real ****ing report! What a piece of ****"
"Up to date my ass. It says 1/29. **** off."
"Looks like the hedge funds are choosing to pay the fine for lying to the feds instead of showing us their hand."
JFL at GMEcels in full denial right now
02-09-2021, 05:02 PM
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#14
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Originally Posted By PermaBulk610⏩
This is a screenshot from a redditors bloomberg terminal. FINRA disseminates a short interest report every ~2 weeks with 2 weeks lag.When did this info come out? The price went up AH but it looks like its coming back down now. Would love to see it at 10 bucks by friday.
https://www.finra.org/filing-reporti...short-interest
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02-09-2021, 05:04 PM
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#15
02-09-2021, 05:07 PM
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#16
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But AMC will still go to the moon...
Right?
Right?
02-09-2021, 05:08 PM
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#17
02-09-2021, 05:08 PM
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#18
- John Promise
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Imagine the craziness when they get the 1400 Biden Bux...
I'm #12 in Y2J's "club"...and I'm scared.
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02-09-2021, 05:14 PM
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Originally Posted By Glutebrahhh⏩
they threw him into gitmo awaiting trial (ded fkn srs)Yo does anyone know what happened to Roaring Kitten? The dude that set this whole thing off in the first place? Last I heard he had like $50M in gains. I want to beleaf he got out with all his money.
02-09-2021, 05:23 PM
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#20
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Originally Posted By Unstumpable⏩
All of them made money guaranteed.So how much did the hedge funds lose on GME at the end?
Even the ones shorting at the bottom did the same thing at the top. Nothing lasts forever they knew it would fall. for them $$ is just a number on a computer. Its unlimited they could wait forever.
02-09-2021, 05:34 PM
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#21
Holy fukk people getting downvoted harder than a conservative in r/pol if you even say "damn they covered"https://www.reddit.com/r/wallstreetb...eb2x&context=3
fukkin LMDO
fukkin LMDO
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02-09-2021, 05:46 PM
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#22
02-09-2021, 06:17 PM
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#23
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Originally Posted By chino3⏩
JFL at all the reddit comments of people in denial. The human psyche is amazingHoly fukk people getting downvoted harder than a conservative in r/pol if you even say "damn they covered"https://www.reddit.com/r/wallstreetb...eb2x&context=3
fukkin LMDO
fukkin LMDO
So what are the possible outcomes:
Data is accurate, HF covered: I believe at this point GME becomes a long play. There is the potential for an acquisition or a turn around/pivot in the business model. The play is buy (DCA) and hold.
Data is accurate, HF did not cover: I believe the play here would be to buy as much as you can. This would push up the price pushing more expiring calls ITM and put further pressure on the HF. We would likely get a significant influx of new investment interest from retail and the squeeze is on. The play is buy and hold.
Data is inaccurate: This is the most likely outcome given the money at stake. If it shows they haven’t covered then there would be no real sense in putting out false data. If it shows they have covered then it becomes a gut call. Personally, the continued bots and media coverage seem to still indicate that something is amiss otherwise why go through all that effort, expense, etc. The play is buy (DCA) and hold.
In all three scenarios buy and hold seems to be the most prudent course of action. The only reason to sell IMHO is if you believe GME will go bankrupt.
LMAO that troll really saying to buy and hold no matter what. seemsgood.gifData is accurate, HF covered: I believe at this point GME becomes a long play. There is the potential for an acquisition or a turn around/pivot in the business model. The play is buy (DCA) and hold.
Data is accurate, HF did not cover: I believe the play here would be to buy as much as you can. This would push up the price pushing more expiring calls ITM and put further pressure on the HF. We would likely get a significant influx of new investment interest from retail and the squeeze is on. The play is buy and hold.
Data is inaccurate: This is the most likely outcome given the money at stake. If it shows they haven’t covered then there would be no real sense in putting out false data. If it shows they have covered then it becomes a gut call. Personally, the continued bots and media coverage seem to still indicate that something is amiss otherwise why go through all that effort, expense, etc. The play is buy (DCA) and hold.
In all three scenarios buy and hold seems to be the most prudent course of action. The only reason to sell IMHO is if you believe GME will go bankrupt.
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02-09-2021, 08:39 PM
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#24
02-09-2021, 08:42 PM
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#25
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Originally Posted By MnB91⏩
Man on moon. There was clear coordination there.All the vulnerable shorts covered the day when brokers limited buying and the price tanked.
Your schtick sucks and it screams insecurity.
02-10-2021, 12:19 AM
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#26
02-10-2021, 12:31 AM
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#27
02-10-2021, 12:47 AM
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#28
02-10-2021, 05:54 PM
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#29
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Originally Posted By dj006xx⏩
i looked into it myself. Morningstar just has a different number for shares float making their short interest percentage higher.its the same 21m number on their websitehttps://www.morningstar.com/stocks/xnys/gme/quote
personally ill trust the data that costs 24k a year instead of the free one
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