wtf @ GME

[Basedbaby]

Bought because of all the misc experts saying to buy

[TryingMen]

Buy high sell low bro.

[N0rds]

Who cares what the current price is.

Right now, it just means that rocketship tickets are on sale. I'll probably grab some more if it hits $15.




The point of GME isn't to make 200%, its to hold on long, until the value is worth more thank BRK.A. Until the shorts close their positions, at whatever price WE say.





SHORTS HAVEN'T CLOSED










BTF, if you haven't DRSed your shares (aka put them into YOUR OWN NAME so nobody else can launder them with fake shares and IOUs) be sure to get a ComputerShare account, and DRS your shares into deep cold storage, so hedgies and brokers can't fuk around lending out your shares without your permission. I can post links on how to if you are clueless.










HODL

[Tipkin]

Innnnnnnnnnnn

[Jayce_]

I mean... as a rule of thumb, you don't take financial advise from The MISC.

[IAMBEE]

I mean... as a rule of thumb, you don't take financial advise from The MISC.

The old method of

1. Do what Misc says
2. Double down on Misc ideas
3. ???????
4. Profit

isn't legit?

[N0rds]

Cliff notes:

Chitty hedge funds have created an INSANE number of fake GME shares to short with, its estimated to be between 2x, up to like 16X more fake shares, than real ones.


Which means, when shorts are forced to close their positions, they have to buy back between TWO, to SIXTEEN TIMES the float. An insane number of times.




Those of us who have DRSed our shares, have made them impossible for hedge funds to buy back, since we have proven to have locked up over 25% of the real shares, so they cannot be loaned/shorted/fukt with.




Its a long story, but pretty much the hedge funds chose the wrong company to try and destroy by shorting it into the ground. Will will NOT allow them to pull another Toys R Us, or the other companies they legally destroyed, just to make a few bucks.



We are holding as long as it takes for the hedge funds to go broke from all their crime and naked short selling of the stock.



Damn, that was longer than cliff notes was supposed to be, but hard to explain it in just a paragraph.

















Cliff notes:

BUY SHARES.
DRS them (cold deep storage so they can't be faked)
HODL
price shoots to the moon when shorts are forced to close their positions.
We are winning, and to win, all we gotta do is HOLD them

[ThatGuy950]

[Basedbaby]

Dang!

[Basedbaby]

Cliff notes:

Chitty hedge funds have created an INSANE number of fake GME shares to short with, its estimated to be between 2x, up to like 16X more fake shares, than real ones.


Which means, when shorts are forced to close their positions, they have to buy back between TWO, to SIXTEEN TIMES the float. An insane number of times.




Those of us who have DRSed our shares, have made them impossible for hedge funds to buy back, since we have proven to have locked up over 25% of the real shares, so they cannot be loaned/shorted/fukt with.




Its a long story, but pretty much the hedge funds chose the wrong company to try and destroy by shorting it into the ground. Will will NOT allow them to pull another Toys R Us, or the other companies they legally destroyed, just to make a few bucks.



We are holding as long as it takes for the hedge funds to go broke from all their crime and naked short selling of the stock.



Damn, that was longer than cliff notes was supposed to be, but hard to explain it in just a paragraph.

















Cliff notes:

BUY SHARES.
DRS them (cold deep storage so they can't be faked)
HODL
price shoots to the moon when shorts are forced to close their positions.
We are winning, and to win, all we gotta do is HOLD them

So I’m def gonna make money? all my stocks are on Robinhood

[naaboo]

did you really buy GME?

[TwoTailedSperm]

Who cares what the current price is.

Right now, it just means that rocketship tickets are on sale. I'll probably grab some more if it hits $15.

The point of GME isn't to make 200%, its to hold on long, until the value is worth more thank BRK.A. Until the shorts close their positions, at whatever price WE say.


SHORTS HAVEN'T CLOSED


BTF, if you haven't DRSed your shares (aka put them into YOUR OWN NAME so nobody else can launder them with fake shares and IOUs) be sure to get a ComputerShare account, and DRS your shares into deep cold storage, so hedgies and brokers can't fuk around lending out your shares without your permission. I can post links on how to if you are clueless.

HODL

Nords, I'm all in on thesis and it's fun to watch the big players squirm a bit. But isn't entirely obvious by now that they are in control of everything? Like this whole game/market whatever is created by rules that they don't play by, they own the rule makers and rule enforcers. The rules are already set up to give the big players an advantage and when that isn't enough they change the rules, just don't follow them or both.

The problem with the thesis is that it assumes at some point they will follow the rules and handover all their wealth to the masses, such an event would be far too disruptive to the world economy (remember 2008 well that's a tea party in comparison). What happened with the share dividend? And all that other fukery that I don't understand but stinks like bullchit?

They've never played by the rules and never will.

The apes have done an awesome job at exposing this but surely it's obvious by now the end game here is revolution before it's the rocket ship. WW3 happens before both of those. Your purple circle will have no use in either of those.

[JayJ350]

Bruh, it's always been a pump n dump. Been tellin ya'll this but ya'll think you know better. Day trade stocks aren't investments.

[JayJ350]

Cliff notes:

Chitty hedge funds have created an INSANE number of fake GME shares to short with, its estimated to be between 2x, up to like 16X more fake shares, than real ones.


Which means, when shorts are forced to close their positions, they have to buy back between TWO, to SIXTEEN TIMES the float. An insane number of times.




Those of us who have DRSed our shares, have made them impossible for hedge funds to buy back, since we have proven to have locked up over 25% of the real shares, so they cannot be loaned/shorted/fukt with.




Its a long story, but pretty much the hedge funds chose the wrong company to try and destroy by shorting it into the ground. Will will NOT allow them to pull another Toys R Us, or the other companies they legally destroyed, just to make a few bucks.



We are holding as long as it takes for the hedge funds to go broke from all their crime and naked short selling of the stock.



Damn, that was longer than cliff notes was supposed to be, but hard to explain it in just a paragraph.

















Cliff notes:

BUY SHARES.
DRS them (cold deep storage so they can't be faked)
HODL
price shoots to the moon when shorts are forced to close their positions.
We are winning, and to win, all we gotta do is HOLD them

Lol they are going to win in the end because ya'll keep trying to prop up what should be a worthless company in a dying industry.

[TwoTailedSperm]

I will say that this short squeeze did allow GME to recapitalize at a very favorable basis, has generated massive publicity and awareness and grown an already loyal fan base as people love to take the side of a underdog getting unfairly bullied.

If the management can leverage all of this into transforming the business model into something that works in 2024 and beyond then GME is a great long term prospect and your buy/DRS/hold advice has a solid chance of paying off even if the rocket ship never launches so your strategy has a reasonable backup plan. Shoot for BRK.A and hit something like a watered down LOW is still not a bad result at all.

So far management has been underwhelming in this regard but realistically it's early days.

Basically I don't think your advice is bad, just maybe you need to be more realistic with the rocket ship dreams and sell a realistic investment case rather than a revolutionary pipe dream.

[TwoTailedSperm]

Lol they are going to win in the end because ya'll keep trying to prop up what should be a worthless company in a dying industry.

Was borderline worthless, is not anymore. A changing industry for sure, definitely not dying though. The short squeeze bought GME a good amount of time to adapt.

[JayJ350]

Was borderline worthless, is not anymore. A changing industry for sure, definitely not dying though. The short squeeze bought GME a good amount of time to adapt.

Bruh video game stores are dying and physical video game sales are dying. It's a dying business, and Gamestop were the scumbags who ruined video game stores in the first place by buying out all the competition and monopolizing it. The fact that redditors are trying to protect it and keep it alive is a disservice to the entire industry. If they went away maybe some better companies could finally take their place, but Gamestop is just a chitty corporation with chitty stores and awful practices.

[N0rds]

On sale today. Just grabbed more shares.


Gunna ship them off to DRS via ComputerShare here

[HateLiberals]

I think nords is correct but the banks will either have their shorts mysteriously cancelled and not pay or the government will cover it. The banking tribe never loses and never will srs

[N0rds]

I think nords is correct but the banks will either have their shorts mysteriously cancelled and not pay or the government will cover it. The banking tribe never loses and never will srs

I mean, its a possibility, but if they do some shady stuff like that, faith will be lost in the American stock market as a whole, and they will lose FAR more money from people pulling out, than they would from just closing their shorts they created...


Its a standoff, and all we gotta do is hold our longs. They coulda ended this LONG ago, but they chose not to, so here we are. It costs them BILLIONS of dollars to hold their short positions, costs us NOTHING to simply hold longs.

[frankdtank20]

It wasn't going to repeat from a few years ago. To be fair it can be easy to get caught in momentum.

I always thought it would be interesting to follow some penny stock sites. They send out alerts that cause the stocks to head to the moon, then eventually crash a few weeks later. What if a stock was at $2 and by the time I buy it's $3-4, I exit at $6-10? No fuks given if it doubles or triples after I sold since the dump is inevitable. Still risky. One would have to look at the pattern of stocks they've pumped and the timelines before the dump. If the pump generally lasts 4-6 weeks get out at 2 weeks or less.

The pump for GME was very short this time.

[N0rds]

It wasn't going to repeat from a few years ago. To be fair it can be easy to get caught in momentum.

I always thought it would be interesting to follow some penny stock sites. They send out alerts that cause the stocks to head to the moon, then eventually crash a few weeks later. What if a stock was at $2 and by the time I buy it's $3-4, I exit at $6-10? No fuks given if it doubles or triples after I sold since the dump is inevitable. Still risky. One would have to look at the pattern of stocks they've pumped and the timelines before the dump. If the pump generally lasts 4-6 weeks get out at 2 weeks or less.

The pump for GME was very short this time.

I don't fuk with penny stocks.



And if you look at GME, there was no real volume from retail, none of us sold. I think its dying gasps from the hedgies, fukking around with the price, shaking the tree, setting off stop loss and other chit.


because all it did was bring tons of new eyes on the stock, and more and more people BUYING it. Only clueless paperhanded fairies might have sold a few shares, the rest of us are simply holding, and buying even more as the sale continues.




Hedgies cannot afford to do this forever, Time is coming for them.

[Bigbuster1]

Cliff notes:

Chitty hedge funds have created an INSANE number of fake GME shares to short with, its estimated to be between 2x, up to like 16X more fake shares, than real ones.


Which means, when shorts are forced to close their positions, they have to buy back between TWO, to SIXTEEN TIMES the float. An insane number of times.




Those of us who have DRSed our shares, have made them impossible for hedge funds to buy back, since we have proven to have locked up over 25% of the real shares, so they cannot be loaned/shorted/fukt with.




Its a long story, but pretty much the hedge funds chose the wrong company to try and destroy by shorting it into the ground. Will will NOT allow them to pull another Toys R Us, or the other companies they legally destroyed, just to make a few bucks.



We are holding as long as it takes for the hedge funds to go broke from all their crime and naked short selling of the stock.



Damn, that was longer than cliff notes was supposed to be, but hard to explain it in just a paragraph.

















Cliff notes:

BUY SHARES.
DRS them (cold deep storage so they can't be faked)
HODL
price shoots to the moon when shorts are forced to close their positions.
We are winning, and to win, all we gotta do is HOLD them

You left out the part where when it’s the right time to sell, the firms halt trading and let the huge hedge funds do whatever they want while the retail consumer is left holding the bag lol

[N0rds]

You left out the part where when it’s the right time to sell, the firms halt trading and let the huge hedge funds do whatever they want while the retail consumer is left holding the bag lol

[N0rds]

Hope some of you guys got in while it was on sale.


Massive news came out at market close, GME now has over TWO BILLION DOLLARS IN CASH sitting in their coffers.

Rumors of them buying another company, becoming a holding company, etc are going around. Maybe we become Gameshire Stopaway.






AfterHours SHOT UP after this announcement 45 mins ago:

https://www.reddit.com/r/Superstonk/...uity_offering/







Could this be the ignition of the rocketship? Maybe. We'll have to see what premarket does on tuesday

[Condo41]

You are a paper handed p*ssy that would sell at 95% gain at you will miss out on the $635,000 per share prices. I didn't sell at $400 or $40 or $80 or $10and I won't sell at $10,000.

You will.

You don't deserve the gains. You arent even DRSed are you. You didn't read the DD. You don't understand naked shorts. You don't own GME, your broker holds an IOU from someone else of a GME share because they know you're gonna sell.

[aaron501]

after looking at the graph from 15th may for GME looks like a damn pump and dump lmao

[ArtCore22]

What about the other stock, AMC? Anything going on with that?

[Kiop]

do they
dividend ass stock?

[Formula0ne]

Theoretically, any info Miscers think they know about GME is already known by the big expert professional traders, so that info is already factored into the current stock price.


it's unpredictable. That's why you shouldn't really buy individual stocks. Buy mutual funds. S&P500 or smthng.