GME actually stable AH for the first time in a bit. Wonder if we'll have a day or two of sideways trading before the next batch capitulates

I don't know if this David vs Goliath narrative will survive either. Some folks who are accustomed to reading the room online (Mark Cuban, AOC, Chamath, Elon Musk, etc) all bought into the narrative and as did much of the mainstream media initially, but I wonder if this was because the people caught up in the scheme were hyperactive all over the social media trying to push this narrative, partially to pump the stock. Were people really outraged at Wall Street & Robinhood and supporting WSB or was the narrative itself was a meme that replicated via turning people who buy GME into the most enthusiastic spreaders of the narrative?

Musk doesn't give a **** and is just trolling when he tweets #bitcoin or #silver or #GME. He knows his tweets move markets and he's doing it for the LULs.

Mark Cuban seems like he's unleashing his inner grifter by goading on all the WSB silliness.

AOC means well but only picked up on the "hedge funds are cheating to beat the little guys" and not the fact that the whole thing was a pump and dump to begin with.

Most of the people on WSB are part of the pump and dump and all the idiots posting "I'm NEVER SELLING. DIAMOND HANDS" or "I just bought the dip. Come on everyone!" are either LARPing or shilling. I feel bad for the idiots who actually drank the kool aid.

I don't think anyone will see Wall Street as the victims in this, but I think once we get some sob stories from the victims, it's possible for the WSB crowd to also be vilified. Also, we will learn more about which institutions benefitted and there's also a chance that some links between the redditors that pumped the stocks and Wall Street are discovered.

Musk has a good business reason to cheer this on - he stands to benefit from short-sellers being destroyed and less institutional money being used to fund the type of research that discovers corporate shenanigans.

reddit cite

That graph + short data indicating that GME is more heavily shorted than VW was seems to be keeping the dream alive on WSB. Unwilling to believe that the climb to 400+ was the squeeze.

So what was the catalyst for the sudden short squeeze in VW? Iirc, it had something to do with a lack of information in the market that nearly all available float had been shorted and very few shares were available for trade?

I could be wrong but that's what I remember reading about it. So holding onto GME in the hopes that history repeats itself seems extremely foolish. All the short interest is updated daily.

Last I looked the short ratio was 2.1
and that was 30 min ago
Guess we will know for sure on the 9th.

This thing is far from over in my opinion. It's going to take some time, chicanery, or both. I like the stock. in for more than a squeeze

Short data was like 140% of the float. Then WSB took off and guys started buying with their diamond hands and it took off.

The day they stopped allowing buys the price crashed and data shows short interest went to 50% or so. HOW THE **** DOES THAT MATH ADD UP? There are a large number of shares in the hands of guys who aren't selling.. including mine, and they covered near 100% of the float? This is not official short data I guess. The NYSE number won't come out for a bit. Wondering if the current data is just another scare tactic. But I wouldn't put it past the NYSE to just put out some artificially low short number to end all this ****. I mean, are they even policed by anybody reliable looking out for the man? NO.

Would love to see some sort of audit, because everything wreaks to high hell.

How many?

Heh, irony

Where would you put the odds that there IS another squeeze and WSB "wins"? Even if it is only back up to $400 or so. From reading non-WSB analysis of the situation it sounds like since short data is delayed/murky, it's feasible that it does happen to some degree.

20% is my guess that we see another run past $300

I have no idea but i can sling **** at the wall: 3% in feb / 10% march / 15 % april
https://www.youtube.com/watch?v=JWdWCtLMoU0&t=973s

This guy ****.

He also does some good due diligence. Maybe the stock is super shorted because someone wanted to pick it up on the cheap.


As long as the company doesn't do anything to ruin this free branding campaign I think it can grow into that $400 valuation in a year or two, that is if stocks are at current levels overall.

notice how those 3 people are doing the same thing but somehow are doing different things according to your bias?

all 3 of them are grifting

Yeah they're all doing exactly the same thing.

synth_floyd sees Musk as a cool troll who doesn't need anyone so he must be cool trolling
Mark Cuban is a Trump supporter so he must be grifting
AOC is a nice girl in his mind (he wants to **** her despite the horse face) so she "means well" but being a misogynist, synth_floyd assumes she is too dumb to know any details.

Nice callout. An absolutely classic bias display. In reality they all understand exactly what's going on and they're all using it for support and publicity in exactly the same grifter way.

No, I want to **** her specifically because of the horse face. It's my thing.

American culture, where a billionaire with little to no skin in the game can convince millions to lose their life savings and more and still be celebrated.

How does this even happen?

To be fair AOC should be held to a lower standard on most things business related than musk and Cuban. Those 2 are both incredible smart in the business world and AOC is a bartender who one day convinced people to vote for her in an election because she spouted off nonsense similar to the way a grade schooler promises to put a coke fountain in the hallway if you vote him to be class President.

In saying that she likely has advisors telling her not to support it because people are going lose their life savings and she likely thought that it is exactly what she wants as that is the goal of someone who wants to have an economic revolution. You absolutely need the poor doing far worse than they have been for the last 10 years and the rich doing better than they are. Also bigger picture all Dem politicians know that someone dependent on the government is more likely to vote dem than someone with a job.

1 in a million shot, doc, I tell ya, one in a million!

What even is the conspiracy theory here? Some kind of glitch in the matrix where they forgot they weren't supposed to set the closing price to $x.00?

There's no theory. Whole number closes aren't terribly unusual but this is pretty lol. Just wondering on the mechanics of it, especially in something this absurdly volatile.

the conflict of interest has already been proven and is a fact

stop saying "conspiracy theory" like it hasn't happened

which ever company in the DTCC that gave the order will be investigated more than likely since Citadel is playing both sides of the trade

To have you skin in the game Tooth?

I know you would be questioning this regardless.

If you do, hang in there. IV is over 600% for a reason.

Selling games worldwide with a huge name doesn't hurt if you want to hang
in there.
DFV, is not posting fake updates. Of course I can't know but would be willing to bet on it. The truth will come out in time.
I'm just guessing,.

kustard,
No, no skin right now. I sold far out of the money ($30 & $35) AMC calls on Monday (which I consider dead at this point/100% profit and no skin) but apart from that haven't traded this. I took both AMC and GME short in the play money contest for ~50% profit, and if I was a shorter in real trading I would have shorted both the moment Wall Street restricted buys. Such a perfect cartel move and drying up bids in a massive bubble stock is close to free money short.