The Brehs of Wall Street (Offical Stock Market Thread)

Kenny West

Kenny West

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(ALi) said:
Did you sell? The question is with GME when is it high enough to sell and if it will perform previously a huge dip and then bounce back higher?

The reddit forum doesn't provide statistics but diamond hands and memes.
Click to expand...
People have calculated numbers with algorithms and other estimates. The potential prices with even modest estimates are numbers folks would find ridiculous, you probably already seen "100k is not a meme" floating around.

Without even calculating SI hidden by naked shorting this could hit 10k a share. An investment firm (Blackrock I think?) back in February went on Fox Business and said had a PT of 1000....this was back when the price was in the 50s. A lot has happened since then.

The problem is financial media has released nothing but FUD and misleading information. They told us the shorts covered back in January and the SI was released a week later showing 78%.

They even changed the rules for the FINRA Short Interest to include synthetic longs. But the price calculations are still high as fukk even with shady information.

As far as another huge dip, not tomorrow. GME gets put on the short sale restriction list tomorrow because it fell 10% from the open price today.

Now there are hundreds of new (i mean brand new) gme calls for 300-400 ordered after hours today.... This is amazing. Our whales might be going for the gamma after setting the shorts up with a bear trap. :wow:
 
Kenny West

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Here's some DD you can do on your own

Look at GME's chart at the moment of the drop @ 12:10 and the time frame before it recovered, around 12:50

Tesla dropped 2%

Apple dipped

AMC dropped

FB dipped

Im willing to bet you'll find most stocks on the market took a dip in that timeframe. :sas2: and most didnt recover like GME.

Failed market manipulation at work.
 
(ALi)

(ALi)

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Kenny West said:
Here's some DD you can do on your own

Look at GME's chart at the moment of the drop @ 12:10 and the time frame before it recovered, around 12:50

Tesla dropped 2%

Apple dipped

AMC dropped

FB dipped

Im willing to bet you'll find most stocks on the market took a dip in that timeframe. :sas2: and most didnt recover like GME.

Failed market manipulation at work.
Click to expand...
Noticed the exact same pattern, didn't know what to make of it though, not a coincidence then.
 
Kenny West

Kenny West

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(ALi) said:
Noticed the exact same pattern, didn't know what to make of it though, not a coincidence then.
Click to expand...
Glad you see it too. Honestly its been happening for weeks. The market drops the past 2-3 weeks have all been at the same time, usually correlated when GME swings in price.

Check my posts late February in the HL thread. They have been coordinated this whole time bruh. I been calling puts and using the money to buy extra GME shares.:russ: I was 4/4

Here's the logic/context as I see it: Shorts need to get the price down and their methods of doing so ( ordering more excess shorts) costs money. Intrest is bleeding them millions a day while the price is high.

Melvin captial had to take a loan after the january run up alone. They lost 53% of their money. Hedge funds primarily derive their revenue from the market. So in order for them to make market manipulation moves they have to dump their positons on the market for the money to do so. Thats the source of the pumping and dumping every other day on Tesla and other stocks these past few weeks. They have to dump high on their positions and buy the dip when algorithms/paper hands sell off JUST to get money to short GME. Because if the price runs the FOMO in people activate and they are fukking terrified.

Proof: https://www.cnbc.com/2021/02/22/hed...stop-are-now-missing-out-on-market-gains.html


The people they're fighting (retail investors) on the other hand, DO NOT derive our revenue from the market, which is a decisive advantage. "Dumb money" is the one able to continually put new revenue in the market with our paychecks and stimulus checks. It costs people NOTHING to hold shares they already bought. They'll get paid again week after week and can put new revenue against the shorts.

They could have let this shyt squeeze in January while trading was halted but instead they went all out doubling down to win their bet. And the market at large has suffered for it. Tesla could be 1k a share again by now. This shyt is gonna blow up in their fukking faces and I implore you boys to get paid for being on the right side of history.

Look on the 3 month charts for any stock. January 29th (day GME trades are halted)
is the key date. Most begin a downtrend from there. But the downswings are getting weaker. I think they emptied the clip today and our whale caught them in a bear trap AND sprung the Short sale restriction.

Gamma squeeze tomorrow
 
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Kenny West

Kenny West

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3dd.png

:lolbron:

The internet has been on a bean
 
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