Reply With Quote
AMC has a potential future. Gamestop does not.
Yeah but they didnt block the people those people could still sell
AMC has a potential future. Gamestop does not.
Go peddle your disinfo elsewhere where you haven't been outed as a paid corporate shill.
Their stock is going to crater eventually anyways. A quick look and it seems they have around $2B in debt. So they could issue 15M shares at $250, wipe out all their debt and have 1.7B left to retool their business model going forward and buyback shares when it tanks. Even then the extra 15M shares isn't enough to get the shorts out of the hole if the reddit boys keep buying and holding.
Gamestop has some years left as is. Nothing stopping them from taking the company in a different direction except money and deciding what direction to go.
Wall street lost 70 billion last week on their stupidity.
rich morons
What direction do they have to go when used games are gone?
If your business model is investing for everyone they should have seen this coming
Just like facebook users can see their info being sold. Or basically any "free" website using you as their product.
Well that's what they have to figure out. Getting rid of their debt and having cash would help.
Agreed
I hope they lose more than money. How tall is the highest skyscraper in the USA?Wall street lost 70 billion last week on their stupidity.
Same sad pathetic mentality like those who say, "but they're a private company and can do as they please..."
Pa-f'n-thetic!
You know you are sounding like a Socialist.
And S ryhmes with C and C leads to Communism.
If you believe in restraints on capitalism and private sector rights just say so
Keep standing behind the authoritarians but one day you'll be standing in line against a wall. Good luck to you bro!
The authoritarian was Trump. So you go with that.
Im saying if you dont like it, make the call on CAPITALISM run amok because thats what it is! Playing by rich guy rules.
And then you too can be called a SOCIALIST (naughty word) and then you can get rid of authoritarians in finance replacing them with authoritarian governments like Putin runs. YOU think this kind of thing happens in Russia? or China?
Next time you spout off about socialism you might want to think about what you basically wrote on this subject.
Which brokerages can be used safely to trade the reddit picks?
https://isthesqueezesquoze.com/
Public Service Announcement
This is not a game. The people who originated this meme like to have fun with stupid stock bets, we like to pretend we're monkeys throwing darts, but though we enjoy talking like idiots, we actually do know the difference between delta and theta. We understand what role a clearinghouse performs. We were playing GME weeks ago, at $10-$50, as it became clear that DFV was actually right. We put in money we could afford to lose, because we knew we were speculating on a potential short squeeze.
If these statements don't describe you - if you don't know options greeks, if you don't understand how the market works, and especially if you are gambling with money that would cause you problems if you didn't have it anymore - then pull your head out of your ass, return to the real world with your real obligations and expenses, and don't increase your exposure any more. There's an emotional high in gambling, especially when you're doing it with lots of other euphoric people. Don't let it screw up your life.
This is not an epic crusade to get retribution on the financial sector for its reckless greed and the damage it's done to people's lives. It's just a stock play, undertaken to make money off of some hedge funds who got caught in an overexposed position. The financial industry as a whole does not care. This is just a blip on its radar.
Anyway, here's the update.
the situation (1/31 8 PM ET):
short interest:
30m (58% of float) by S3 Shortsight preliminary weekend data (1/31), 57.83m (113.31% of float) by S3 Shortsight (1/29), 38.6m (65.64% of float) by Ortex (1/28)
short share public availability:
0 (Interactive Brokers)
short share public borrow rate:
18.88 (Interactive Brokers)
Shorts appear to be exiting their positions. There's a lot of speculation about how this is happening, or whether it is truly happening at all - there are tactics that can be used to "counterfeit" stock or manipulate disclosed short short interest - but the short interest numbers we've been following all along are definitely trending down.
how often is this site updated? As often as the data is updated. Typically this is daily, before market open.
Gamestonk tanking hard the last 5 minutes
So currently no potential future.
That company has failed so hard every time they have tried to move away from used games. Lost of a ton of money trying to sell cellphones, then they tried to be a game rental service and that lasted for all of about a week.So currently no potential future.
looks like Silver might be the next target
It's ing bull this is coordinated market manipulation by citidel to get their money back, probably trying to go after people with FOMO from the gamestop squeeze
there were brokerages besides robinhood doing the same thing. the citadel conspiracy theory doesnt hold up imo
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions