Majestic
Believe in myself and the Coles and Kendricks
WSB are not going to stop until GME reaches $1000
Boiler Room: The Official Stock Market Discussion
Ima tag @winb83 about something you said about "this game is not designed for retail to win" that i wrote up but decided not to post...
I'm on the complete other side of this statement (at least in %%%%%'s).
I guarantee you since the thread was started if people really did do the patient game and bought in on solid companies, that a free cash flow positive & a competitive moat...... they beat the market since 2012 w/o a doubt.
The problem is...no one wants to be patient...no one wants to research....no one wants to invest they are want be a "trader" (until they get burned ofc).
when i was at that HF them motherfukkers was up from 5am-8pm putting in work.... but retail just want to look into what's hot, proboaly don't even know what equity stands for.
You really want to know who made out the most (as a %) out of all this? the wsb RETAIL trader who took a deep fukking dive on a company nobody was talking about and had a high level of conviction. As a % probably no one else will touch that for a while.
and ironically, retail has the distinct advantage OF NOT HAVING BILLIONS to worry about. It's the law of large numbers, the shyt gets infinity harder to beat the market by generating idea when you have so much money.
Retail could generate two solid ideas per year and be set for 5+ years if they are right....
but retail wana be day traders, swing traders, etc., and little do they know they going up against hedge funds that look like fukking nasa....ran by people who actually should be working at nasa
./rant
YaFingerDealMe
All Star
Knew I should have gotten more IPOE yesterday
Are they supposed to go public anytime soon?
dora_da_destroyer
Master Baker
Thing is, SoFi has wanted to target people with high income potential. Seemed like they wanted to be the Schwab of millennials and gen z, I hope they win some new business from this, but they also haven’t stepped into the foray to capitalize on the craziness
Majestic
Believe in myself and the Coles and Kendricks
As long as GME is in play AMC is also in play. AMC is being powered by GME.
This is the Gamestop situation as I understand it.
The hedge funds were circling Gamestop like vultures because it looked like it was finished. They went to brokers and borrowed a ridiculous amount of shares sold them and then if I'm correct they went back and borrowed more and sold them to the point where the amount of borrowed shares was more than the outstanding shares of the company. Apparently they saw it going to 0.
When the hedge funds borrow the shares they're taking those from real shareholders. The broker has to make those shareholders whole in the event the hedge fund can't. Also all sorts of options are being sold that could possibly be exercised and have to be covered.
WSB inserts themselves by buying options and shares and the plan is hold them and take them out of circulation. As the price rises the brokerage has to cover the options and the shorts in the event the hedge fund can't so the brokerage starts buying the underlying asset which puts more upward pressure on the price. The hedge funds see this and they have to return those shares so they buy and the price continues to rise.
As long as retail holds the shares since the float was more than the outstanding shares there's a permanent shortage of shares and an infinite loop continues pushing the share price higher and higher.
WSB gambit was never about investing in Gamestop it was a cheat code to riches. I was looking at Gamestop like it was an investment not a cheat code. That's why I lost out. I don't wanna buy that company but buying into that cheat was totally worth it.
BB doesn't have the float Gamestop did. Nor does Nok. The people investing in those looking at Gamestop are wasting their time.
Feel free to correct me where I'm wrong.
The hedge funds were circling Gamestop like vultures because it looked like it was finished. They went to brokers and borrowed a ridiculous amount of shares sold them and then if I'm correct they went back and borrowed more and sold them to the point where the amount of borrowed shares was more than the outstanding shares of the company. Apparently they saw it going to 0.
When the hedge funds borrow the shares they're taking those from real shareholders. The broker has to make those shareholders whole in the event the hedge fund can't. Also all sorts of options are being sold that could possibly be exercised and have to be covered.
WSB inserts themselves by buying options and shares and the plan is hold them and take them out of circulation. As the price rises the brokerage has to cover the options and the shorts in the event the hedge fund can't so the brokerage starts buying the underlying asset which puts more upward pressure on the price. The hedge funds see this and they have to return those shares so they buy and the price continues to rise.
As long as retail holds the shares since the float was more than the outstanding shares there's a permanent shortage of shares and an infinite loop continues pushing the share price higher and higher.
WSB gambit was never about investing in Gamestop it was a cheat code to riches. I was looking at Gamestop like it was an investment not a cheat code. That's why I lost out. I don't wanna buy that company but buying into that cheat was totally worth it.
BB doesn't have the float Gamestop did. Nor does Nok. The people investing in those looking at Gamestop are wasting their time.
Feel free to correct me where I'm wrong.
Majestic
Believe in myself and the Coles and Kendricks
I predict that this GME trend will go onto until either it hits $1000 or when RBLX IPO drops. WSB will move onto RBLX. If you made disgusting losses with GME, AMC, BB, NOK you will most definitely get them back plus more if you invest in RBLX.
I ain't worried, imma drop a crazy bag on RBLX.
I ain't worried, imma drop a crazy bag on RBLX.
humminbird
Veteran
you're right
that's why they're saying the other stocks are distractions from Gamestop
Yesterday Robinhood broke the chain. The price fell and many of those hedge funds probably got out so the question is does this cycle continue with that fall in price?
finna buy another 3 hunnid shurz of IPOE on the dip.
dora_da_destroyer
Master Baker
This has been stated multiple times - GME was a short squeeze. The other stocks are a pump, tho a case can be made for the long term potential of BB.
anyone who bought the others looking for a GME rise shows why even when playing along with memes, you need to understand what the play is