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HVP undergoing a massive contraction phase. Just hit the teens. Big move could happen by end of day. Whether or not it's a move north is anyone's guess.

Edit: looking at what happened last week with HVP, seems more likely the big move plays out over the next day or so. Again, not possible to determine direction with HVP as far as I know but HVP will hit single digits in the next couple ticks.

 

[Buggy Loop]

Shortsqueeze.com is reporting 71,200,000 short (float is 50,65M),so short interest is 140%

​

In other news, BB’s volume as of now is double GME today..

 

[AJUMP23]

I think the opportunity is gone, and I the options are too expensive for me right now.

 

[sn0man]

If someone who’s been only nominally successful wanted to share, what are some basics to start doing this with some extra spend? Also, how much do I need to even try this? I won’t be using my “I need this money” but would love to build enough to pay off these student loans.

 

[Ornlu]

If someone who’s been only nominally successful wanted to share, what are some basics to start doing this with some extra spend? Also, how much do I need to even try this? I won’t be using my “I need this money” but would love to build enough to pay off these student loans.

 

[LordOfChaos]

Cramer tells an analyst off on live TV and sides with WSB. Man, most of those boomers do not like losing pricing power.

 

[HarryKS]

Through the roof levels of retardation. Peak weaponized autism.

 

[Buggy Loop]

Cramer tells an analyst off on live TV and sides with WSB. Man, most of those boomers do not like losing pricing power.

Some peoples are shook. I’m surprised Cramer sided with WSB. The majority clearly don’t like volatility.

and..



When your finances are all good, do you borrow your existence’s worth from a friend??

Spoiler

No

Guy on Bloomberg interview, who wrote a book on squeeze, said GME will shoot up because the shorts can’t compete. Will have a link/video up probably later.

Something more light:

A soldiers journal - by u/DatsaSpicyMeatball "I've written my wife 13 letters since the great GME war started, I worry that I will not see her again, my feet ache and my supplies are running low. I long to hear her voice as her boyfriend plows her fields, both front and back."

 

[oagboghi2]

I'm not saying it is done, especially when you have market manipulation to this degree done by a huge reddit community it's kind of unheard of.

This is not market manipulation

 

[renzolama]

Lots of respect for wsb investors but they're deluding themselves if they don't think this will lead to some kind of investigation / repercussions with the SEC (in a general sense I mean, not that they'll go after any individuals). The people losing here are the establishment folks with history and connections to policy makers and enforcers, and I worry that it will take little effort to convince aging regulators that this is another example of the dangers of the unregulated internet etc. I do hope we get to see the ultimate hilarity of wall street asking the government for more regulation though.

 

[LordOfChaos]

He's still in, I'm still in 🖐

 

[James Sawyer Ford]

This is not market manipulation

Anything could be perceived as market manipulation.

But a bunch of morons posting rocketships to the moon and getting people peer pressured into pumping up a stock is a bit more "manipulation" than an investment firm putting out a research report.

I'm not saying what they are doing is necessarily illegal, but they are definitely towing a very fine line and will certainly come under scrutiny of the SEC.

 

[longdi]

How can you lose money in BB when the low is already 12% higher than Friday? Or did you buy at highs this morning and sold at a low??

Why would you buy today if you just wanted to sell today

Joined the late fomo, midday crash gets crashing and hit my conservative stop loss

 

[A.Romero]

Lots of respect for wsb investors but they're deluding themselves if they don't think this will lead to some kind of investigation / repercussions with the SEC (in a general sense I mean, not that they'll go after any individuals). The people losing here are the establishment folks with history and connections to policy makers and enforcers, and I worry that it will take little effort to convince aging regulators that this is another example of the dangers of the unregulated internet etc. I do hope we get to see the ultimate hilarity of wall street asking the government for more regulation though.

I'm not that knowledgeable but I'd like to know what could be the argument to make a bunch of people sharing information in a forum and analyst putting up recommendations in a website or something different?

I'm not from the US but this meme doesn't come from a TV show where they talk stocks and recommend buy/share?

I'm guessing those shows have a disclaimer, how would it be different from WSB's rules?

 

[LordOfChaos]

Joined the late fomo, midday crash gets crashing and hit my conservative stop loss

It's going to be volatile as fuck, there's a battle going on, stop losses should be pretty loose

 

[LordOfChaos]

I'm not that knowledgeable but I'd like to know what could be the argument to make a bunch of people sharing information in a forum and analyst putting up recommendations in a website or something different?

I'm not from the US but this meme doesn't come from a TV show where they talk stocks and recommend buy/share?

I'm guessing those shows have a disclaimer, how would it be different from WSB's rules?

In the clip above with Cramer, a guy bought puts live on TV and announced it to thousands of live viewers. Isn't that manipulation too? But a bunch of individuals on reddit deciding to buy a stock which they noticed was in a bad short position is getting all these boomers to cry manipulation now.


They can investigate whatever they want but I doubt it's going anywhere, how many discord chats with pump and dumps are there, how many stock forums, or people like that making a short position and telling a large viewership about it. You just can't pretend to be a financial advisor.

 

[ManofOne]

Whoever betted on GME just bankrupted Melvin Capital. Jesus

 

[Buggy Loop]

I'm not that knowledgeable but I'd like to know what could be the argument to make a bunch of people sharing information in a forum and analyst putting up recommendations in a website or something different?

I'm not from the US but this meme doesn't come from a TV show where they talk stocks and recommend buy/share?

I'm guessing those shows have a disclaimer, how would it be different from WSB's rules?

Even motherfucking Jim Cramer said as much in the video above. He’ll probably get a call from the establishment tonight to get in line with the Wall Street narrative.

Imagine, one of these douche tried to imply that foreign powers infiltrated WSB, holy fuck. They are making WSB to be a monster, what they don’t say is how these greedy fucking hedge funds put all in to close GameStop, and make 50k employees lose their jobs, to the point where they went over 100% short interest and then they act flabbergasted that WSB put a spotlight on them. I hope it’s an historical lesson to these psychos.

 

[A.Romero]

Whoever betted on GME just bankrupted Melvin Capital. Jesus

I'd say they bankrupted themselves by playing the game the way they were. The only thing that happened is that the market pivoted and reacted differently.

Don't know about MC in particular but these big shots have been destroying business this way for decades. It's really easy money for them.

They played and they lost. I have zero sympathy for these guys. Maybe they will learn to play like the rest of us and stop borrowing money just so they can influence the market in their benefit.

 

[*Nightwing]

Good breakdown and explanation for the layman, and if you findelectronics repair entertaining I highly recommend his channel

 

[Andodalf]

Whoever betted on GME just bankrupted Melvin Capital. Jesus

It’s their own fault. They went way to far shorting GME when it was realistically under valued. Now it’s going to hit some stupid numbers soon, but gamestop can really re establish themselves like it looks like that can a near 100$ stock price isn’t really a crazy thing, and they were shorting hoping it couldn’t hold at 40

 

[ManofOne]

I'd say they bankrupted themselves by playing the game the way they were. The only thing that happened is that the market pivoted and reacted differently.

Don't know about MC in particular but these big shots have been destroying business this way for decades. It's really easy money for them.

They played and they lost. I have zero sympathy for these guys. Maybe they will learn to play like the rest of us and stop borrowing money just so they can influence the market in their benefit.

They got a late infusion of cash

Hedge fund titans Ken Griffin and Steve Cohen boosted Gabe Plotkin’s Melvin Capital, injecting a total of $2.75 billion into the firm after it lost about 30% this year.

Citadel funds and firm partners will invest $2 billion, while Point72 Asset Management’s investment will be $750 million, the firms said Monday. In return, the investors will get a non-controlling revenue share in the six-year-old hedge fund. Melvin Capital may receive an additional $1 billion infusion from other investors on Feb. 1, according to a person familiar with the plans.


The capital infusion comes after Melvin Capital, which started the year with about $12.5 billion in assets, has seen its short bets, including GameStop Corp., go awry, spurring the losses, people familiar with the firm said.


This year’s stumble is rare for Plotkin. His firm has returned an average 30% a year since it was started in December 2014 after nearly a decade working for Cohen.

 

[longdi]

The thing with BB is we are betting on it to get it's Ryzen moment. I guess there is no squeeze meme. Many companies out there will sell you the possibilities, except that BB got wsb meme to the moon?

 

[Buggy Loop]

30% loss this year...

Did we just not only finish week 3?

 

[A.Romero]

They got a late infusion of cash

Great. I hope they do better this time.

 

[LordOfChaos]

They got a late infusion of cash

Enough to unwind their bet? Or doubling down, which may put them at more retarded than WSB?

 

[ManofOne]

Enough to unwind their bet? Or doubling down, which may put them at more retarded than WSB?

I didn't see any short interest in by them in the GME when i checked the terminal. I think they cut their losses.

 

[Buggy Loop]

Enough to unwind their bet? Or doubling down, which may put them at more retarded than WSB?

Or quick capital to avoid a margin call?

The way WSB sees this news, is that it’s a new juicy bag of 2.75B to go get

Oh, and I wish I was a fly on the wall of Melvin Capital when they’ll look at the book and see a massive massive wall of selling price at 420.69

 

[Buggy Loop]

Also notice how almost the whole market flashed today? Look at almost any stocks, they jumped around the time GME peaked.

Here’s the theory

 

[renzolama]

In the clip above with Cramer, a guy bought puts live on TV and announced it to thousands of live viewers. Isn't that manipulation too? But a bunch of individuals on reddit deciding to buy a stock which they noticed was in a bad short position is getting all these boomers to cry manipulation now.


They can investigate whatever they want but I doubt it's going anywhere, how many discord chats with pump and dumps are there, how many stock forums, or people like that making a short position and telling a large viewership about it. You just can't pretend to be a financial advisor.

I'm not saying it's a valid argument, but the difference is that the person on television is not engaged in an active ongoing conversation with the viewers telling them what to do with the specific intent of negatively impacting another investor. There are tens of thousands of lines of reddit posts where investors are agreeing about exactly how they're going to play their investments for specific goals of impacting the market beyond just making money, it's completely different from a one way announcement on television making a stock suggestion.

Again I'm not saying this is a valid justification to accuse wsb of any wrongdoing, but it is a completely new situation that will have a lot of people in high places very nervous and likely to try to regulate it in some way. I'm as happy to see boomers drained of their legacy wealth as anyone, believe me.

 

[smileBrandon]

At 10 shares.
and to the

 

[Buggy Loop]

I'm not saying it's a valid argument, but the difference is that the person on television is not engaged in an active ongoing conversation with the viewers telling them what to do with the specific intent of negatively impacting another investor. There are tens of thousands of lines of reddit posts where investors are agreeing about exactly how they're going to play their investments for specific goals of impacting the market beyond just making money, it's completely different from a one way announcement on television making a stock suggestion.

Again I'm not saying this is a valid justification to accuse wsb of any wrongdoing, but it is a completely new situation that will have a lot of people in high places very nervous and likely to try to regulate it in some way. I'm as happy to see boomers drained of their legacy wealth as anyone, believe me.

I feel like trying to regulate the internet is the equivalent to a boomer asking "Who is 4chan?"

I mean, they'll try all scare tactics, for sure. SEC, FBI, lawyers, whatever you can think of. It'll be a huge waste of tax payer money and probably for nothing. They also want to regulate RobinHood. They fucking hate the idea a millennial can even have a chance to influence the market on the tip of his thumb with that devil of a pocket super computer he carries with him. That a novice, with the right app that dumbs down all these wall street complex systems, they have a chance at not being fucked in the ass.. just a "chance".

They built the casino

They don't like to see that one table of blackjack dipping negative

Personally, i think it would blow up in their face even worse if they try to pull off some shit tactics. Could definitely trigger more traders and worldwide. Nobody has sympathy for these peoples.
Just look at Citron Research? I'm 90% convinced that in an alternate universe, had they shut the fuck up last week and not poke the beehive, they could have cruised almost as if nothing happened, not all calls would have been ITM on friday, they would have liquidated almost all their shorts i believe or even profit from them because, all they did last week, is publicize that WSB is doing something that is stressing the market (blood) and the sharks smelled it, not just internet, but also other hedge funds.

Personally, the more a boomer cries, the harder i get

 

[renzolama]

I'm 90% convinced that in an alternate universe, had they shut the fuck up last week and not poke the beehive, they could have cruised almost as if nothing happened, not all calls would have been ITM on friday, they would have liquidated almost all their shorts i believe or even profit from them because, all they did last week, is publicize that WSB is doing something that is stressing the market (blood) and the sharks smelled it, not just internet, but also other hedge funds.

I agree, and it's very amusing that they got hit because they can't help themselves from talking about exactly what they're doing due to a belief that no one can do anything about it anyway. Every case of getting fucked on the internet in history, big or small, starts with someone not keeping their mouth shut about something and drawing attention to themselves.

 

[LordOfChaos]

Just look at Citron Research? I'm 90% convinced that in an alternate universe, had they shut the fuck up last week and not poke the beehive, they could have cruised almost as if nothing happened, not all calls would have been ITM on friday, they would have liquidated almost all their shorts i believe or even profit from them because, all they did last week, is publicize that WSB is doing something that is stressing the market (blood) and the sharks smelled it, not just internet, but also other hedge funds.

Lemon man quite literally went on TV and said "look, I know more than you". Now you're just motivating the guys who previously just saw a bad short position into really beating the crap out of your fund. Would it be such a meme without that? Who knows.

 

[longdi]

It's going to be volatile as fuck, there's a battle going on, stop losses should be pretty loose

Fook this shit, seem BB will get another run up today

https://www.neogaf.com/threads/stock-age-stocks-options-and-dividends-oh-my.176332/post-262084878

 

[Starlight Lotice]

What is the expectations for today? Another run?

 

[{insert code here}]

What is the expectations for today? Another run?

 

[Starlight Lotice]

I am just here to enjoy the observation! Would love to see what it does today!

Wish they did it on a certain Stock I own though that I have 30% of my Portfolio in. Would be fantastic

 

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AMC and BB looking good during premarket. Thank you to whoever mentioned those two yesterday.

 

[LordOfChaos]

The founder of Reddit tells Chamath to buy GME with the few hundred K's he had on offer, might happen??

 

[Buggy Loop]

 

[Hydroxy]

I told everyone that it would be a good idea to go all in back when it was like 3 bucks and I didn't even take my own advice and now I'm going to throw up.

Damn.

 

[LordOfChaos]

I wonder what Melvin Capital and the CNBC hosts (minus our weird uncle Cramer) give back. They did make a large charitable donation to WSB, at least.

 

[mckmas8808]

I wonder what Melvin Capital and the CNBC hosts (minus our weird uncle Cramer) give back. They did make a large charitable donation to WSB, at least.

So why would any short seller or Hedge Fund still want to short GME at this point? What's the upside to them now with the stock price over $85?

 

[LordOfChaos]

So why would any short seller or Hedge Fund still want to short GME at this point? What's the upside to them now with the stock price over $85?

If you think about it flipped on its head, they believe they're buying their "dip", and can ride it out.

It's attrition at this point. Diamond hands make for moon rockets, paper hands make for short firms winning.

 

[mckmas8808]

If you think about it flipped on its head, they believe they're buying their "dip", and can ride it out.

It's attrition at this point. Diamond hands make for moon rockets, paper hands make for short firms winning.

LOL! What does diamond hands mean? Does it mean being strong and "holding the line" on a stock and not being scared of a stock price dropping?

 

[Andodalf]

LOL! What does diamond hands mean? Does it mean being strong and "holding the line" on a stock and not being scared of a stock price dropping?

Diamond hands hold no matter what. No Limits. Paper hands don't

 

[ResilientBanana]

Better save that money, Gamestop. Once COVID is over, so are you. I foresee tremendous losses.

 

[Andodalf]

Better save that money, Gamestop. Once COVID is over, so are you. I foresee tremendous losses.

What are you talking about?

 

[ResilientBanana]

What are you talking about?

During COVID, the gaming industry has seen tremendous growth. Once COVID is over people will be as active as ever. In turn, the gaming industry won’t have positive YOY sales.