Some smart person explain the GME (gamestop) thing

[nickwm21]

Bwahahaha!

So do we have it wrong, the Securities and Exchange Commission is there to protect institutional securities exchangers, not the exchange of securities? Could have sworn it was the latter, but we do live in an oligarchy.

Wait until you hear about the Police and the HR Department.

[stuckathuntermtn]

Wait until you hear about the Police and the HR Department.

I want to speak to the manager!

[paulster2626]

Here we go again!!


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[TahoeJ]

Here we go again!!


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After market nearly hit $200 per share. Those shorts are still out there. Clearly.

[LeeLau]

After market nearly hit $200 per share. Those shorts are still out there. Clearly.

WSB is a mess. I have a whack of 70c expiring at the end of the week I bought at 1.83 and would like to sell for 120 (because 6900% gain). Was out skiing all day so have no idea why it mooned. Why?

GameSTONK Hoody delivered so maybe that was it

[MakersTeleMark]

I haven't laughed that hard in awhile. About the pic, or the stonk.

[TahoeJ]

I honestly haven't been following so not sure why it went to the moon again. I bought more when it was in the 30's... sold this morning at opening at 167. lol... goofy.

[LeeLau]

I honestly haven't been following so not sure why it went to the moon again. I bought more when it was in the 30's... sold this morning at opening at 167. lol... goofy.

Nice. Sold my 70C at 70. Bought at 1.83. No harm in profits

[MTT]

Wow. Shorts having to buy the stock?

I kinda thought it would just settle in around 30 or 40. I don't pay much attention. Is the company making some new moves to increase revenue?

[stuckathuntermtn]

I made about $50 on my 1 GameStonk! A sell order triggered for AMC too. Back in the green! It's all up to weed now lol

[Timberridge]

I don't pay much attention. Is the company making some new moves to increase revenue?

Yeah, they fired their CFO.

[stuckathuntermtn]

I don't really understand options or how to read the option chain. I just know they're a great way to lose a lot of money really fast, especially if you're short.

[kathleenturneroverdrive]

I honestly haven't been following so not sure why it went to the moon again. I bought more when it was in the 30's... sold this morning at opening at 167. lol... goofy.

Wait. I thought you weren't selling?

It's only a good idea to cash out if a bunch of you keep fucking doing it! ugh... HOLD. Or if you're really nervous and can't afford the risk, just cash out your original investment and at least let the rest of it ride as play money and help the overall cause.

Set to buy more with this aftermarket dip.

Seriously though, congrats on the profit! I skipped round 2 but I've watched the ticker so damn much today I might as well have just bought some.

[Kinnikinnick]

This is hilarious, how none of it is based on “hey i think Gamestop is a good stock and the analysis says the future value is X”

Nope. Just hey hedge fund guy has a short, lets hurt him.

And now a shot load of stupid money joining so yay I made money.




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[TahoeJ]

Wait. I thought you weren't selling?





Seriously though, congrats on the profit! I skipped round 2 but I've watched the ticker so damn much today I might as well have just bought some.

Just sold the new stuff. Still holding.

[skaredshtles]

This is hilarious, how none of it is based on “hey i think Gamestop is a good stock and the analysis says the future value is X”

Nope. Just hey hedge fund guy has a short, lets hurt him.

And now a shot load of stupid money joining so yay I made money.




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That's kinda the current market in a nutshell...

[Timberridge]

Nope. Just hey hedge fund guy has a short, lets hurt him.

After the first loops on the GME Happy Hippo coaster ride and a few funds fell off, the pro's got involved. GME is currently trading more volume than the SPY. That's no longer unemployed dads with RH accounts screwing un-hedge funds.

[kathleenturneroverdrive]

Just sold the new stuff. Still holding.

Oh gotcha. Damn. You have stress tolerance that far exceeds the normal human. Are you MOASS or bust with what you're holding?

[Bunion 2020]

GameStop Chief Financial Officer Jim Bell will depart the video game retailer that has become synonymous with the 2021 Wall Street short squeeze with a payout worth nearly $30 million - after less than two years on the job.

GameStop announced Bell was resigning from the company effective March 26. Bell will get $15.8 million when he departs, and could earn millions more from equity in coming years if activist investor Ryan Cohen can pull off a turnaround of GameStop.

Bell's contract entitles him to $2.8 million in severance and an immediate payout of restricted shares worth $13 million when he departs, according to regulatory filings and calculations by Bloomberg.

That is how it is played.

[TahoeJ]

Oh gotcha. Damn. You have stress tolerance that far exceeds the normal human. Are you MOASS or bust with what you're holding?

Just playing with house money at this point. If it goes to zero I don’t care, if it goes to the moon that would be fun too. It probably won’t.

I will continue to buy at dips and scrape the cream off the top.

[Timberridge]

That is how it is played.

Another potential fastfred client.

[Cruiser]

That is how it is played.

Totally! Gotta love the rsu payout upon termination. Golden parachute, baby!

[LeeLau]

Yeah, they fired their CFO.

Oh my God. Who bought 800C? I would have naked sold them

[highangle]