NYSE:GME / 141
Because against commissions they would lose even more money than they are already losing vs the alleged (unknown but likely micro or occasional) benefit of a fractionally better fill. Commissions, on the other hand, could mean $100s of dollars per day (but definitely $100s of dollars per month) to the average active retail trader. I was around when commissions were a thing and it was steep. But I may be more active than the average trader. But also profitable- so I know I can profit through that again. However, many many traders who are only marginally profitable - will become unprofitable without PFOF leading to the return of commissions. And to top it all off - they can bid in and offer out to minimize the ‘supposed’ but unquantifiable impact of the boogeyman. The rich have always manipulated the common man into cheering his own demise and that’s happening again. You should ask yourself - when did this uproar about PFOF begin? Oh yea, GME etc. when the big boys and professionals lost their asses and all of a sudden PFOF is targeted.....why, because retail will lose so much power and volume this will never happen again. I could go on and on - but I’ve done this too many times. Good luck
NYSE:GME DATE : Sun Apr 3 03:34:33 2022 SUBREDDIT : Daytrading
Hedge funds are slowly liquidating assets in preparation for Margin calls, lots of shorted stocks out there AMC GME & HYMC all on the apes list and primed to cause The MOASS! Let’s go Ape Nation,
NYSE:GME DATE : Sat Apr 2 16:12:59 2022 SUBREDDIT : StockMarket
GME, AMC.
NYSE:GME DATE : Sat Apr 2 15:58:15 2022 SUBREDDIT : StockMarket
Lol you do know the opposite of buy is to not buy not short right? For example I wouldn’t buy GME but definitely wouldn’t short it either.
NYSE:GME DATE : Sun Apr 3 04:14:51 2022 SUBREDDIT : stocks
Name some. GME isn’t my only holding.
NYSE:GME DATE : Sun Apr 3 04:18:41 2022 SUBREDDIT : stocks
I mean investing in value plays is Warren Buffets thing. And you called GME “value investing at its best” hence the comparison. Btw growth potential isn’t value investing. Not to say that it’s bad, just totally different.
NYSE:GME DATE : Sun Apr 3 04:30:50 2022 SUBREDDIT : stocks
About 25% of the floating shares (available to be bought on sold on the exchange) for GME are shorted as of March 30th. If shareholders vote for the dividend, then the shorts will have to come up with those shares, but there is not much available relatively speaking compared to the float. If no one is selling their shares then the shorts have to buy at whatever price people will offer them for. The shorts get in trouble in these scenarios because while they are borrowing the shares, they are paying interest to the broker of person A (person A gets nothing from this other than in theory it keeps brokerage fees down). As the share price goes up, the rate of interest the shorter must pay to said broker also goes up. This is why shorting is dangerous because they may have to sell other positions to cover their short position and pay an astronomical price for the stock that no one thinks it is worth.As far as the split goes, if the company was worth $1000 and there were 100 shares then each share is worth $10. after a split (say 2 for 1) the company in theory is still worth $1000 but now there are 200 shares and each share is worth $5 each.... but if you were a shareholder the amount of equity you have has not changed, only the number of shares.
NYSE:GME DATE : Sat Apr 2 16:27:33 2022 SUBREDDIT : stocks
GME.
NYSE:GME DATE : Sat Apr 2 14:47:46 2022 SUBREDDIT : Stock_Picks
GME can go on a $25 a week uptrend for the next 6 months and be a $800 stock and I would still never believe in that pile of absolute shit
NYSE:GME DATE : Sun Apr 3 11:18:23 2022 SUBREDDIT : wallstreetbets
How does one apply to become a paid shill? I’ve been shit talking GME and apes for free for months and I wanna make some money with my skill.
NYSE:GME DATE : Sat Apr 2 20:37:09 2022 SUBREDDIT : wallstreetbets
There's honestly not enough GME loss porn on the small pull back. We had all these ppl celebrating their unrealized AH gains from stock split news on their FDs (and way OTM weeklies) Tsk tsk.
NYSE:GME DATE : Sat Apr 2 14:17:25 2022 SUBREDDIT : wallstreetbets
GME MOASS candle is gonna piss off enough alliances that they might get plowed. That candle wick is the ultimate show of dominance that can only be met with fire and fury unlike the world has ever seen
NYSE:GME DATE : Sat Apr 2 22:26:24 2022 SUBREDDIT : wallstreetbets
That Epita lookin like prime real estate for a GME Diamond
NYSE:GME DATE : Sat Apr 2 21:36:23 2022 SUBREDDIT : wallstreetbets
The fact that WSB and GME both hold strong shows we are a force.
NYSE:GME DATE : Sun Apr 3 01:27:11 2022 SUBREDDIT : wallstreetbets
WSB died last year. You can check the statistics to see that despite the GME saga quintupled the subs here, we have less daily comments than the pre GME era. That's because the apes chased all of the OGs away by diluting the sub. But the apes weren't satisfied with WSB either and created their own subs. So now WSB exists in this kind of zombified state. No more diehards for the sub anymore.
NYSE:GME DATE : Sun Apr 3 05:23:42 2022 SUBREDDIT : wallstreetbets
That doesn't tell me anything about the company's direction or why this is a value play. I'm a proud owner of GME stocks but I can at least give concrete reasons to be proud of the company.
NYSE:GME DATE : Sun Apr 3 06:09:10 2022 SUBREDDIT : wallstreetbets
I don't blame ya. It's gonna squeeze right along with the other "memestocks." Just none as high as GME IMHO
NYSE:GME DATE : Sun Apr 3 06:11:16 2022 SUBREDDIT : wallstreetbets
GME green candle looking good!
NYSE:GME DATE : Sun Apr 3 04:11:41 2022 SUBREDDIT : wallstreetbets
GME apes are doing pretty well…but this sub did it’s best to purge them.
NYSE:GME DATE : Sun Apr 3 04:55:54 2022 SUBREDDIT : wallstreetbets
its funny how dead this community really is sometimes. GME started it then WISH and the rest of the dumb ideas this sub pumped out finished it.
NYSE:GME DATE : Sun Apr 3 11:29:42 2022 SUBREDDIT : wallstreetbets
honestly, GME apes with ~700k members have a huge plot that they are keeping tidy but WSB with 12m users cant even get their small drawing anywhere… One of the biggest communities on reddit has twice tried to get to the place canvas and failed… the bots really making WSB look bigger than it is
NYSE:GME DATE : Sun Apr 3 06:16:49 2022 SUBREDDIT : wallstreetbets
This is just Frederick's retarded brother checking the float on GME.
NYSE:GME DATE : Sat Apr 2 14:30:41 2022 SUBREDDIT : wallstreetbets
Wish has been in the $2 range for three months now and just recently broke above the 50MA for the first time since 06/2021. It seems pretty reasonable for $2 considering they have over a billion cash on hand and annual revenue in the billions. A much better value than many of the tickers that get pumped and praised on here. Wish will probably be making more bank than AMC and GME before too long. Keep talking shiz and wait until it's $10 again and you can FOMO your way back in...Yea yea yea, bag holder here position 1,350 shares avg cost $2.65
NYSE:GME DATE : Sat Apr 2 22:38:16 2022 SUBREDDIT : wallstreetbets
That's what ya'll get for not investing in GME.
NYSE:GME DATE : Sun Apr 3 05:08:37 2022 SUBREDDIT : wallstreetbets
Only lost all my GME gains. No $ROPE yet.
NYSE:GME DATE : Sat Apr 2 23:54:57 2022 SUBREDDIT : wallstreetbets
Lol you mean the company that was being sued by shareholders and then pumped on this sub months later? People got what they deserved with that one, especially if you traded GME for it
NYSE:GME DATE : Sun Apr 3 00:22:07 2022 SUBREDDIT : wallstreetbets
I really felt like that was bots or other folks coming in here post GME trying to do a pump and dump. I think most people recognized it like that
NYSE:GME DATE : Sun Apr 3 00:24:35 2022 SUBREDDIT : wallstreetbets
Lol WISH. I knew that company was a pile of shit that sold cheap, shit products but got in on the heals of GME gains and went in heavy. Bailed pretty quickly after losing about 30k in a matter of weeks. Should have trusted my gut, terrible company and I knew it.
NYSE:GME DATE : Sun Apr 3 02:34:50 2022 SUBREDDIT : wallstreetbets
AMC and GME are just as likely to bankrupt as WISH. History is written by the winners. Everyone talking trash about WISH. If it mooned they would be saying how great it is. Fair weather friends
NYSE:GME DATE : Sun Apr 3 04:30:09 2022 SUBREDDIT : wallstreetbets
That's most WSB stocks from after GME.
NYSE:GME DATE : Sun Apr 3 07:10:35 2022 SUBREDDIT : wallstreetbets
GME precursor
NYSE:GME DATE : Sat Apr 2 23:32:15 2022 SUBREDDIT : wallstreetbets
I can't lie Wsb put me on the map financially, but back when it was less than like half a mil subs. BB and APHA into GME, lucky as fuck
NYSE:GME DATE : Sat Apr 2 20:18:00 2022 SUBREDDIT : wallstreetbets
No i was actually trying to get rich. Which is what I’ll do when it moons! You retards give a lot of bad advice, so I’m not listening when you say wish is bad. GME is also a fucking terrible business, nobody buys videogames at a store these days, but look at how it’s doing
NYSE:GME DATE : Sat Apr 2 21:31:58 2022 SUBREDDIT : wallstreetbets
still 50% down from ATH? Still lower than the price it was at a year ago? LOL GME aint doing great except for people swing trading it from the bottom.
NYSE:GME DATE : Sat Apr 2 21:33:51 2022 SUBREDDIT : wallstreetbets
I just dropped half my account into GME on Friday, average 180, I'm not worried at ALL. I'm gonna keep buying, Ryan Cohen is a mad genius, he's gonna fuck over the shorts.
NYSE:GME DATE : Sun Apr 3 03:52:54 2022 SUBREDDIT : wallstreetbets
Current GME float is 74M , each of us need to have 6 shares to lock the float, just saying!
NYSE:GME DATE : Sun Apr 3 03:21:46 2022 SUBREDDIT : wallstreetbets
You had me at GME. I posted a comparison of GME and TSLA 2017 a week or two ago. The dividend is the same strategy TSLA used to get the shorts off their back. I believe in the vision. I trust the management. No debt and lots of cash means they have time to turnaround. And I have faith that the investor base will remain supremely loyal.
NYSE:GME DATE : Sat Apr 2 19:49:14 2022 SUBREDDIT : wallstreetbets
Wow, GME flairs? What happened to 🌈 mods?
NYSE:GME DATE : Sat Apr 2 17:08:34 2022 SUBREDDIT : wallstreetbets
Just to be on the safe side I DRS’d a decent chunk of my GME shares, hold some in fidelity and also own calls on it at a different broker. Diversifying brokers and holding methods instead of diversifying stocks lmayo. Also I would like to mention we are probably at about 12+ million shares DRS’d since the official figures are only from Jan 31. Pair this with the share dividend-split news and insiders buying more this stock could not get more bullish.
NYSE:GME DATE : Sun Apr 3 03:24:39 2022 SUBREDDIT : wallstreetbets
Looks like GMEs back on the menu here at wsb. Glad to have you all again. Come drs your shares with us and make all the tendies!
NYSE:GME DATE : Sun Apr 3 04:43:19 2022 SUBREDDIT : wallstreetbets
I think one of the most important questions is why or how GME always rises or falls with other meme stocks at least partially
NYSE:GME DATE : Sat Apr 2 21:58:11 2022 SUBREDDIT : wallstreetbets
GME DRS TO THE MOON! Hedgies R FuK!
NYSE:GME DATE : Sat Apr 2 17:47:43 2022 SUBREDDIT : wallstreetbets
Great article from a yrs worth of studying reasearcher(more like a decade plus😉), to obviously another.👁👌🏾 I do have 1 question not directly to do with the stock side but the also influenced/possible fully controlled crypto market I trade in daily & have won/lost thousands very quickly… does any1 see how low the volume/price is on BCH3xl on kucoin (.05) vs the last time “4months ago” Bitcoin was up 60k + ..does any1 see our potential with only 300,000 volume rn & “Bitcoin Miami” coming this week to use/double the influence of an entire city plus all the “social influencers” in the “financial industry”as speakers ?🤔Kinda like what was done to pump ETC when ETH was being pushed so heavily a few months back?🤔But even better seeing the track record/possibility of us pushing it back above $1, with both basically free publicity from the week long event (even maybe throw in a couple hashtags) to influence the social meters & maybe even control “Google trends” for the week🤔🤷🏾♀️👁👌🏾! Just a few thoughts from some1 who day trades /analyzes trends daily till about this time & wakes back up around noon & starts all over again 😅😉😌..tell me what y’all think about my realization of what we could use our power to WILL into another GME AMC ETH SOL NKD lvl type of earth shaking event!🤔🤷🏾♀️& we’ll just all refer back here when it’s all said & done😊.👋🏽Gn or good reyezing every1, depending on what side of the pillow your schedule is on🤗pls give feedback,thanks in advance.🙏🏽
NYSE:GME DATE : Sun Apr 3 10:42:47 2022 SUBREDDIT : wallstreetbets
Fk that’s a lot of DD. I hear Boston Consulting just sued GME for 30M in unpaid consulting fees. Thoughts?
NYSE:GME DATE : Sat Apr 2 19:06:23 2022 SUBREDDIT : wallstreetbets
Wow, another DD post that claims GME is a huge money maker. Can't wait to see how this one turns out.
NYSE:GME DATE : Sat Apr 2 18:00:15 2022 SUBREDDIT : wallstreetbets
GME shares are the most valuable asset? What the fuck are you smoking?
NYSE:GME DATE : Sat Apr 2 16:18:20 2022 SUBREDDIT : wallstreetbets
1. GME is manipulated to get you to buy it relative high prices. 2. The only way to beat this scheme is to buy it right now at an extremely high price. You came so close op. So so close.
NYSE:GME DATE : Sat Apr 2 21:20:56 2022 SUBREDDIT : wallstreetbets
A counter hypothesis with the same conclusion is that GME is like a hot potato, traded up or down for the sole reason of its aggressive up and down movement (e.g. high volatility). Bagholders locking up their shares via DRS makes volatility for the rest of us even higher and thus more potentially profitable. The more people DRS shares the more me, and also hedge funds who can implement much more aggressive versions of basic trading strategies, can make in the short term. Long term GME is a money losing enterprise only able to produce real income by selling stock to gullible retail investors. If investor sentiment (which can be fickle at times) ever shifts, this thing is going to drop like a rock, so smart GME investors always keep a hand near the eject button.
NYSE:GME DATE : Sat Apr 2 17:19:08 2022 SUBREDDIT : wallstreetbets
Is adding more GME shares to circulation going to make it slower to lock the float?
NYSE:GME DATE : Sun Apr 3 05:57:01 2022 SUBREDDIT : wallstreetbets
Obviously composite man is ready to let us rip so now GME gets promoted here with a flair!(emote|t5_2th52|4275)
NYSE:GME DATE : Sat Apr 2 18:00:37 2022 SUBREDDIT : wallstreetbets
Bozos got shut up for once. This sub was great till they all got paid off to silence anything GME related.
NYSE:GME DATE : Sat Apr 2 17:33:53 2022 SUBREDDIT : wallstreetbets
Short term, options are a gamble with high profit possibilities. Long term definitly smarter to buy shares and just hold them as far as GME goes. Remember, if a lot of people are buying options and talks about gamma ramps etc are coming back up, be carefull. The more options that are about to get in the money, the more incentive to break the cycle and bring the price down for shorts.
NYSE:GME DATE : Sat Apr 2 18:00:14 2022 SUBREDDIT : wallstreetbets
So many downvotes! I actually found this comment to be extremely logical and rings pretty true. I think GME is definitely a hot potato with way more shit going on with it than your typical stock…
NYSE:GME DATE : Sat Apr 2 17:57:14 2022 SUBREDDIT : wallstreetbets
[You are mis-reading the SEC report. Here is the text in question, starting at roughly page 25:
...particularly during the earlier rise from January 22 to 27 the price of GME rose as the short interest decreased. Staff also observed discrete periods of sharp price increases during which accounts held by firms known to the staff to be covering short interest in GME were actively buying large volumes of GME shares, in some cases accounting for very significant portions of the net buying pressure during a period... The SEC is clearly convinced that the major short positions were closed in this period ...buy volume in GME, including buy volume from participants identified as having large short positions, increased significantly beginning around January 22 and remained high for several days, corresponding to the beginning of the most dramatic phase of the run-up in GME’s price. Note that the volume selling by shorts is high at the *beginning*, before most apes really piled on. This is the period when DFV and the original WSB apes routed the hedge funds >Figure 6 shows that the run-up in GME stock price coincided with buying by those with short positions. However, it also shows that *such buying was a small fraction of overall buy volume* Apes love to seize on this line because to them it suggests that shorts weren't buying. In context, what it really means is that the shorts were largely finished buying by this point in the cycle, and apes were now bidding up the price *after* the squeeze.
...and that GME share prices continued to be high after the direct effects of covering short positions would have waned. The underlying motivation of such buy volume cannot be determined; \\ perhaps it was motivated by the desire to maintain a short squeeze. Whether driven by a desire to squeeze short sellers and thus to profit from the resultant rise in price, or by belief in the fundamentals of GameStop, *it was the positive sentiment, not the buying-to cover*, that sustained the weeks-long price appreciation of GameStop stock. This is by far the most misunderstood passage "not buying to cover" isn't the same as "shorts didn't cover". What they are saying is that days and weeks after the squeeze, trapped shorts were no longer driving the volume/price action, retail investors were, at least in the view of the SEC. The SEC *never* claimed the shorts didn't cover. You can say the SEC were wrong, you can claim they're corrupt, but you can't credibly claim that the SEC believes that the shorts didn't close.](/r/wallstreetbets/comments/tumdex/deep_dive_into_the_market_cycle_and_how_it/i37p8u1/)
NYSE:GME DATE : Sun Apr 3 11:52:32 2022 SUBREDDIT : wallstreetbets
Make WSB GME Again
NYSE:GME DATE : Sat Apr 2 18:46:11 2022 SUBREDDIT : wallstreetbets
it's almost as if that sentiment of 'DRSing is some kind of conspiracy' is being pushed by the very people that are naked short on GME. It is a sentiment to get regular people to dismiss it as nonsense. did ya'll see that recent post calling it a cult? that kind of post is designed to draw a line, create an us versus them, and in that case "them" are stupid morons who don't know anything about anything and be dismissed and ignored. Please do not listen to what those cultists have to say. Please do not direct register your shares. Please do not take ownership of your shares away from us DRS is the way and I am happy to see this subreddit start to be waking up to this reality.
NYSE:GME DATE : Sun Apr 3 03:12:58 2022 SUBREDDIT : wallstreetbets
At the current DRS rate (10million over 6 months) its gonna take over 3 years to lock the float but that's ignoring the large chunks of shares owned by institutions that have no reason to DRS and will continue lending their shares at high borrow rates to let people continue trading. Not to mention the fact that GME keeps bleeding money each quarter and has shown last summer that they are fine with issuing more shares to generate cash to stay afloat so if/when they run low on cash they'll probably do it again, especially if share price is inflated. In fact that new 8K filing this week that says they want to raise the number of potential shares in order to split, would also allow them to issue more shares to raise cash once that cap is raised. Retail locking 100% of the float just will never happen. If you get close, I could always just buy one share and refuse to DRS it and keep share lending enabled on my broker so the best you could do is 99.999999% locked while my lone share gets borrowed and traded around all day.
NYSE:GME DATE : Sat Apr 2 18:23:38 2022 SUBREDDIT : wallstreetbets
I hope that both GME users and everyone else can coexist. Last time around there were a lot of people on both sides antagonizing the other. It was kind of fun and games at first, but eventually we saw a lot of malice, like, actual hatred, and that's not cool. I don't really know the answer honestly. I just wish everyone would be cool.
NYSE:GME DATE : Sun Apr 3 02:08:36 2022 SUBREDDIT : wallstreetbets
Right? I unsubbed after GME got silenced because it was the only thing I was Yolod in. Now that it's chatty I subbed back again
NYSE:GME DATE : Sun Apr 3 01:56:14 2022 SUBREDDIT : wallstreetbets
6.7 million GME shares are held in ETFs. Not sure how you can claim “most shares come from ETFs” when GME’s 4th quarter report showed millions than that more where held by individuals in Computershare. Me DRSing my 1 share doesn’t prevent all future fuckery for the entire stock, but it does prevent it for at least my 1 share.
NYSE:GME DATE : Sat Apr 2 19:55:45 2022 SUBREDDIT : wallstreetbets
I don't think we get enough data to answer that question at least until the FTD data for the last half of March is published. Excessive FTDs could certainly have increased the cost to borrow, and then the Market Participant would have T+6 days to settle the FTD. Maybe the cost to borrow would go down on the tail-end of an FTD spike? But then what happens after an FTD spike? It has been shown that Market Participants can achieve predictable returns by waiting to buy shares (i.e. get into an FTD on purpose). This is called operational shorting, and it creates the predictable returns following this reasoning: -imagine an equity in a efficient market that is at the equilibrium price established by both the longs and shorts -price movements can occur, and they will be perfectly commensurate with the buying, selling, and short selling (assuming the short share is delivered) -now, if you can create selling pressure without actually locating those shares, defaulting into an FTD, then you create a supply demand imbalance not in line with the efficient market -until the FTD is settled the security will trade under its "fair market price" (i.e. equilibrium between bulls and bears) because of the previously mentioned supply-demand imbalance. -This creates a "delay to repurchase" arbitrage opportunity; note that profitability of the arbitrage will drop to 0 as the FTDs are settled So then the question is: where will the final "fair market price" of GME be. In the short term, hard to say. But executives were reported buying as high as $130, so that might be strong support. But we may not even go back there. I think the market is digesting the sheer number of shares that are being DRS'd, and realizing that it is growing (buying is outpacing selling on ComputerShare). If the equilibrium price is currently above where we are because of FTDs, then I think we could see a slow melt up to $200 again pretty easily. I'd be very careful with shorts though, or at least hedge with long calls to either lock in profit or protect against the wild downside that comes with short-selling
NYSE:GME DATE : Sat Apr 2 17:36:42 2022 SUBREDDIT : wallstreetbets
Same was said when GME was $4 a share, yet here we are. Get ready for a Tesla style runup because apes clearly don't give a fuck about your opinion.
NYSE:GME DATE : Sat Apr 2 18:51:11 2022 SUBREDDIT : wallstreetbets
Well, I mean if they got partnerships with the consoles then you might see GME NFT marketplace on the consoles, so I mean. That's in the cards right? Haven't they changed their direction from physical game sales to go more digital. Also they've been selling a lot more hardware. Not just pre-builts but PC components themselves. They're doing something right. The "physical games" case has been recognized by them as a failing direction and they have started moving in a new direction. have you been paying attention to anything the past two years???
NYSE:GME DATE : Sat Apr 2 19:11:36 2022 SUBREDDIT : wallstreetbets
The idea of a 100% register is exposing shorts and their synthetic shares. With 100% of the shares located and owned, there is then the obligation to close out positions for the asking price. As we get close to 100% I think things are going to be interesting because it’s a new event for the market. Just speaking on numbers/future numbers, there were roughly 9 million shares registered as of January - this doesn’t include the shares Cohen or any insider owns, or the 3 months between — so it’s closer to 30% currently. As GME exits this transition phase and splits the stock (so now it’s cheaper to buy and DRS) I think this could change significantly.
NYSE:GME DATE : Sat Apr 2 18:51:16 2022 SUBREDDIT : wallstreetbets
The whole idea behind DRS is that YOU and the institutions can hold your shares in your broker and apes will still be able to lock the float. Back in Jan 21 the SI was 226%. That's every single share of GME X 2. Apes believe they never closed all of their shorts. The SEC report stated that the run up was caused by retail fomo and options. NOT shorts closing their positions. They didn't close, they doubled down. And they got better at hiding their short position. The price fell to $40 and they still didn't close. They never intend to buy back the shares they sold short. They expected GME to go bankrupt. They thought they would shake the apes loose long before now but...That's why we continue to see these major run ups and massive price drops, pretty much every quarter. Their shorts are caught in a cycle and they are walking around naked.
NYSE:GME DATE : Sat Apr 2 21:57:34 2022 SUBREDDIT : wallstreetbets
Some variation. People tend to spam a lot of GME which drowns out new opportunities fir gambling. Most us just: Buy GME in some form or another.
NYSE:GME DATE : Sat Apr 2 18:58:47 2022 SUBREDDIT : wallstreetbets
> If we are solely going based off this assumption that the markets are 100% rigged and price movement is preplanned If we're going based on that assumption then I'm pulling all my money out of the market and putting it under my mattress because the banks are probably untrustworthy too. I don't see how "markets are 100% rigged" can square with "throw money into GME to fix the system and/or get rich". I'm not saying there's corruption at all, but to say the market is 100% rigged and the price is completely controlled by "them" is completely insane to me.
NYSE:GME DATE : Sat Apr 2 18:17:00 2022 SUBREDDIT : wallstreetbets
The only significant purchase was RC's 100k shares. It's possible he believes in the future profitability and is just delusional. Also possible he's more interested in fame than making money and made the move to excite investors despite it being a bad investment on his part. We could go item by item through the list but none of those will replace the profit GME was built on. Raping people on used game purchases and resells. Remember playstation, xbox, etc, all have a vested interested in their closed marketplaces. They are not going to let outsiders in. They will control used digital game sales, in game NFTs, etc, etc, squeezing out companies like GME. Profit margins on hardware is already tight due to a huge retail marketplace (amazon, walmart, target, best buy, etc, etc) so there is little reason to believe GME can improve it's margins there. The only thing they do well is hype and sell stock. So I expect they will continue to beat that drum as long as they can. And make a few people a lot of money in the process at the expense of the many.
NYSE:GME DATE : Sat Apr 2 18:38:37 2022 SUBREDDIT : wallstreetbets
You won't see an GME NFT marketplace on a xbox or PS5 but you'll might see a Microsoft and Playstation store NFT marketplace.... They don't need GME to build or promote within their own environment.
NYSE:GME DATE : Sat Apr 2 20:08:03 2022 SUBREDDIT : wallstreetbets
> The SEC report stated that the run up was caused by retail fomo and options. NOT shorts closing their positions. No the SEC report stated the run up was caused by retail FOMO and options while the shorts closed their positions. It states this very clearly in plain language multiple times with graphs. For instance page 25-26: >In seeking to answer this question, staff observed that during some discrete periods, GME had sharp price increases concurrently with known major short sellers covering their short positions after incurring significant losses. During these times, short sellers covering their positions likely contributed to increases in GME’s price. For example, staff observed that particularly during the earlier rise from January 22 to 27 the price of GME rose as the short interest decreased. Staff also observed discrete periods of sharp price increases during which accounts held by firms known to the staff to be covering short interest in GME were actively buying large volumes of GME shares, in some cases accounting for very significant portions of the net buying pressure during a period.
NYSE:GME DATE : Sat Apr 2 21:59:33 2022 SUBREDDIT : wallstreetbets
I agree, but I think it's really important to acknowledge the opposite is true too. Trying to convince people their non-GME play is a "bad investment" and recruit them to GME is not cool. To be more specific, I saw a lot of people going into unrelated threads and saying "GME is the only play" or "This (TSLA, Silver, AMC, etc.) is just a distraction". Like, imagine writing up a big DD thread on a shipping company, and then having someone come in and say "forget this buy GME", it kinda sucks. So I don't know, I hope we can ward off that behavior while still allowing GME people to have a place to talk here.
NYSE:GME DATE : Sun Apr 3 03:03:59 2022 SUBREDDIT : wallstreetbets
I mean the idea of a broker shares vs DRS’d shared seems relevant to this point. Your broker share (especially being lent out) isn’t the same as a share I have registered and can’t be lent out. So in your example of holding the final GME share that’s being lent, could I not buy that share (maybe even via Computershare) and have it directly registered to myself? Also, what about the price of the stock during this time? Surely that would also be changing in response to 99.999% being locked (and limit sells for crazy prices being put up).
NYSE:GME DATE : Sat Apr 2 18:38:07 2022 SUBREDDIT : wallstreetbets
That's totally valid and fair, and I wish my fellow apes wouldn't do that. Most of us don't. We just don't. But you definitely remember all the guys that do. I've got plenty of other positions outside GME, but nothing even compares, amount-wise. I just don't feel safe putting too much money anywhere else. I look forward to a saner, less rigged and less over-valued market.
NYSE:GME DATE : Sun Apr 3 06:55:39 2022 SUBREDDIT : wallstreetbets
Ok so you're saying I should pull all my money out of stocks the whole thing is too corrupt to risk, right? Fuck the SEC, fuck GME, cash only or something like gold is the only safe way. If that's your position, I can understand it even if I don't fully agree. If you're somehow saying GME is the answer to this problem, then I don't know what to say.
NYSE:GME DATE : Sat Apr 2 18:48:00 2022 SUBREDDIT : wallstreetbets
Exactly why I’ve been picking up a few Amazon google and Tesla shares and calls…..in addition to more GME as well;)
NYSE:GME DATE : Sun Apr 3 07:38:10 2022 SUBREDDIT : wallstreetbets
The partnership is for GME to try to sell more Microsoft hardware lol. GME had a long standing agreement where they would get a small percentage of the money spent within the Microsoft environment for XBOX consoles GME sold, for example. But those agreements only made sense when there was a need for someone to push and market XBOX consoles. That need is dropping as console makers like Microsoft slowly buy up gaming studios directly and shift over to direct to consumer sales cutting out the middlemen. If you think they are going to let middlemen in for NFT sales or other I think you're naive. And that is a very competitive area with lots of real tech companies fighting for the same business. Of course I can't predict the future. Who could predict the $20->$500 bull run? But smart money is on trading GME both up and down. And hoping you don't get stuck holding the bag. IMHO.
NYSE:GME DATE : Sat Apr 2 19:04:45 2022 SUBREDDIT : wallstreetbets
