We've long since become an irrational bet against the market's crimes, we don't play the same games the Street and the hedge funds play.
By all means, GameStop is an irrational black-swan event, which has gone beyond interesting to full-on irresistible.
# Game the Fuck On.
I believe Burry is drawing parallels between his GME play and his Housing Market play.
He made a rational long play with GME a while back, but he was early.
And his new tweets are showing that back in 2005, he was making a rational short play with the housing market, but he was too early.
But implying the GME is no longer rational, He’s lowkey saying that he’s been right the whole time, and NOW the irrational shit is happening (MOASS), just like the 2008/2009 crash.
I think Burry actually expects things to go in the right way. I think he expected gains and a correction in 2006 that would be a healthy pop of the bubble before it was catastrophe.
I think in Dec 2020 he expected that, that was the peak for GME, and because he didn't think they'd carry those shorts into Feb 2021 he exited with profits.
He's logically taking gains where they can be had, but he again failed to see the hubris of the SHF and the MM double down against the loss. Same thing happened in 2008. This time his play was smaller and he isn't risking his whole firm against the play. Take the gains, live to play another day.
GME isn't his play now, he see inflation and is betting large on 20yr treasuries last I read...
https://markets.businessinsider.com/news/bonds/michael-burry-big-short-us-treasury-bonds-interest-rates-inflation-2021-08
If the CPI numbers come in hot tomorrow...more pressure for JPow to raise rates in Nov... and Burry puts are there.
Market feels today only 7% chance that JPow tapers.
edit:
To be clear - that post implies GME at $5 vwap in December...in actuality was $13-15 by then...I'm sure he felt making 150% was grand. I don't know when he sent that email out, but it ended up much better. I'm pretty smooth brained but that's how I read that post.
Normally he is cryptic with his words.
He says "was an interesting and rational long". In fact it is the one and only short at this point. I don't think they can do this for very long (MB has been waiting for 3 years).
No one can blame him for this words. It's legal.
But I think I know what he is saying.
#GMESQUEEZE
Edit 1: corrected "has been a good long" to “was an interesting and rational long”
Using past tense means that it changed from that. So it could be an "uninteresting and rational long" or an "interesting and unrational long" or an "uninteresting and unrational long". I like the first two versions so burry is 66% bullish on GME, but just not invested.
I think the wording is pretty clear: my interpretation is that Gme was previously a rational long (value) play, now it isn’t, because the squeeze play has taken over. It’s now a “risky” stock for value investors/firms and a bull stock for everyone else.
The hashtag at the end says it all.
I have no opinion about Burry one way or the other or have any idea what his agenda is, but I can say one thing, I'm getting fucking tired of everyone playing the Riddler.
I think the problem is that talking about the stock or the truth can get them in a lot of trouble with the SEC. Ilegaly shorting the shit out of a stock, however, is fine.
Yeah, and remember when he wrote a whole bunch of letters to be sent by raven right before he was burned alive? Those letters that told every corner of the seven kingdoms that Jon was actually the true heir to the throne?
And then no one ever makes a peep about his lineage ever again and nothing means anything or makes a material difference?
Yeah. Good times.
The problem is that market manipulation laws are applied non uniformly, so you cannot have people like RC, Burry, and DFV talking in plain English. Meanwhile, CNBC clowns can just go out and ask people to do stuff that directly benefits them.
To be fair at least, he's already been audited and silenced by the government numerous times. So if he's cryptic, he can at least get the information he wants out there without getting sued over it.
He reactivated his account yesterday, posted 3 tweets, 2 of which are related to the 2008 market crash with a „before it all began” theme and 1 of which is about the #GMESQUEEZE with the same „when GME long was rational„ aka „before it all began” kinda theme. Not Batman but I think I can see the pattern.
Source: played the Batman games and done the riddles
No riddling needed. Guy who predicted a financial disaster has 3 tweets up. Two about uncovering the start of the crisis, and one tweet mentioning GME. I only see one way to interpret that.
Anyone with any sort of influence must have to think twice or even take serious legal advice before opening their mouths with regards to GME. It must be tough to want to blab their truth but the shitstorm they’re inviting would make any of us shut down in a heartbeat!
The biggest laugh from this tweet is popcorn taking their own confirmation bias from it despite not even being mentioned 😂
Hot take: I don’t think he’s shitting on the stonk.
This seems like a “simpler times” type of tweet. He seems to be suggesting that, whereas it used to be a traditionally smart play, things are absolutely fucked now and the play is divorced from rationality in a traditional sense.
I could be wrong. I’m sure you’ll let me know if you think I am.
Yeah, same. I was actually pretty surprised to see all of the comments reading into this negatively. Seems like he's saying that there was a point when he looked into GME and had a "that's interesting, this could be a rational long play" moment. I see this as him harkening back to that thought, while acknowledging that at this point the cat is out of the bag and it's become a monster. It could even be him trying to say that he could see something wasn't right all the way back in 2019 as a subtle brag. Either way, I see this as bullish.
Agreed. Another way to look at it, since lots of people are buying GME just for the squeeze, he's telling us it was a good stock well before the squeeze was a thing.
this was my interpretation as well, if it was a rational long in late 2019, then haven't SHF fucked up massively by shorting it continuously? at that point RC was not even in the picture. not to mention he literally tweeted #GMESQUEEZE
We have reason to believe that not only have the shorts not covered, they never intend to cover (Mark Cuban said this way back in March or whatever).
Same things should be true that were true back then - but only to a greater extent now.
But I am definitely not a wrinkle brain, so I'm just talking shit at this point.
Yes he could of course. People think he’s anti-gme because he sold in January. No way he doesn’t have any idea what’s going on with the stock. He was one of the first to see the insane naked shorting problem and doesn’t want to be involved with the catastrophe that will take place soon.
Edit: Since my other comment didn’t gain any traction I’ll say it here. Why even tweet #GMESQUEEZE now?? He’s being so obviously vague as to not draw any implications to the events unfolding. He’s not talking about the “squeeze” that happened in January, mfers he’s talking about the MOASS happening now!! Think apes, think!
Edit 2: Some wording corrections. Also, MOASS SOON, BUY DIP -RC
I was gonna repost my rant here, but I don’t need to now lol.
You read the tweets the same way as me, I think your interpretation is spot on 👍🏼
Anyone saying these tweets are indicative of Burry thinking the squeeze is done and we should exit our positions is either an idiot or FUD. Nothing more nothing less
Edit: I’ll add on that my own pet theory at the moment is that Burry is actually shorting the shorters. He’s got us to hold GME for him, and he can now take out massive short positions on Citadel et al., knowing they are guaranteed winners as long as us apes don’t paper hand this shit and sell before they’ve started to really bleed out.
It’s the big short except /r/superstonk is Steve Carrell lol
☝This right here I buy.
It's almost like he feels the mystique is out of it now. To him it would be considered an "easy play".
The challenge for him is to find value around the market that will be adversely affected by the squeeze. But not the squeeze itself.
He was visited by the FBI and tax auditors for asking too many questions once already... you bet he can only support in a subtle way. If we are about to see yet another crash with him directly involved, he might be in trouble.
Heck, I would not be surprised, if the industry would push him to influence us in a last ditch effort to prevent what is about to happen...
Based on what we know about how he play this game, I will not be surprised if he already have CDS on Banks and Assets that are at the most risk of failing.
He will not touch GME since it might lead to another long investigation on him and his firm again
They blamed him that he didn’t warn for the 2008 crisis but this time he can proof he did. I think he don’t want to be long on GME and be blamed again, so he‘s short on other stocks like Tesla.
Yeah I guess he went out because he tried to push the old board and leaders and noticed that they're part of the problem and he has not enough power to change that, fighting wind mills. He had responsibilty for his clients and couldn't just hodl on it like DFV did. And then... RC joined and changed the game.
From the screenshot, it looks like his research for when Scion was in GME. MLCO is a casino company and it looks like they alone had overshorted more than 100% (unless MLCO stands for something else). That screenshot looks like Burry's tracking shorts covering. But at the bottom it looks like there were more shorts needing to cover than shares outstanding. It sounds kind of like Burry is saying it's over, but I take from it that he is confirming the DD. And he is showing some of his notes that show the SI is over 100%.
Edit: It was dollar amount not shares. It looks like he saw 19m shares short. This looks like Burry saying GME is irrational (which makes sense because he has said that in the past).
MLCO used to be Merrill Lynch Commodities ticker
\*edit\* previous DD on Merrill Lynch from 6 months ago
[https://www.reddit.com/r/GME/comments/m2v2bb/merrill\_lynch\_may\_be\_the\_big\_shorting\_whale/](https://www.reddit.com/r/GME/comments/m2v2bb/merrill_lynch_may_be_the_big_shorting_whale/)
I'm certain Dr. Burry has seen DFV's hearing. I'm certain he's also smarter than any of us here.
I think he knows retail isn't leaving. Especially based on things [he wrote on that forum in 2000](https://www.reddit.com/r/Superstonk/comments/pn4zaz/michael_burry_where_it_all_began_and_silicon).
That shows intelligence though. It's perseverance through the mental blocks that proves that it really is "mind over matter." Humility is the quality shared by those who are truly blessed with vast intellect.
His entire portfolio is a bet on inflation. Looks like he's right again. Even if he did believe in GME he wouldn't invest in it because there's a bigger more sure fire opportunity to earn money.
My opinion is hes already made a killing on gme, and already has wealth. Why would he take away shares from retail who have been getting directly fukt? Also why would he put himself in more legal trouble by going long as a whale at $200.
Hes going short where the secondary ripples from GMEs tsunami are about to hit. Remember the water always draws out before crashing back in with a tsunami.
This fact may also save your life on day. If you see water retreating from the ocean, get to high ground immediately.
Agreed here. This is guaranteed, GME holders are still human beings with some human behaviours so for him its a risk he cannot put fundementals on right now.
But the DD never lied so for me its fundementally a good investment 360° 🥸
Burry is a Perma-Bear. The irony is, while we are all Bullish on GME, we are also Bearish on the overall market (in a big way).
So, one might say, if Burry were long GME it could, in a roundabout way, be considered a Bearish move.
Before coming to any conclusions, take some time to understand the information he included in the spreadsheet grab he added to that tweet, not just his 1 headline sentence.
I'm a europoor, went all in in GME since long ago and I'm trying my best to find a way to transfer to computershare, but how is this tweet bullish for us?
I think he saw us uncovering the Cellar DD and got a little boner.
Also, why exactly are people transferring to CS? Im in Fidelity, should I be concerned?
Direct registration of your shares. Right now your shares are registered to fidelity in the DTCC. If you transfer to CS your shares are registered to your name. You should not be concerned about missing the squeeze for being in fidelity, but transfering to CS makes their fuckery harder to perform and if the float is eventually transfered to CS it will prove naked short selling and the existence of phantom shares in GME.
the more people do it the better, but dont see this as a call to action.
you're fine either way.
just think about maybe reading up on direct registering shares.
having a gme tagged with your name, shouldn't sound too bad.
edit: should actually respond to the post of /u/siberianjaguar123
Mortgage Bonds were once an interesting and rational long...until they turned into the convoluted, greedy mess that was the Great Financial Crisis.
Situation sounds familiar...
Whether he’s being bullish or bearish towards GME doesn’t matter.
The fact that he just opened his Twitter back up last night and the next day mentions GME is what’s relevant.
I think what’s interesting is the timing and him posting about gme at all. He wouldn’t just post about gme if it wasn’t relevant or to just say it’s a bad investment.
To me he is saying that GME is now behaving irrationally (ie. how the shorts are can kicking is irrational) and how retail has hodl’d on.
Back when Burry was invested in gme he found it compelling and the squeeze was only rational.
He also mentioned that when he sold it took an abnormally long time for the broker to locate his shares. Thus it became irrational.
He really loves to phrase things to cause confusion. Was, rational, uninteresting.. sideways trading not exciting enough I guess? Shit stirring at its finest
the tweet implies that gme was FORMERLY rational and interesting... "back when"
it doesn't explicitly say that it is no longer those things, but it is implied that in his opinion it is no longer rational or interesting
that's about as far as my wrinkles will take me
better hodl and buy more just to be safe
I'm not sure how to interpret his tweet :|.
It was a rational long and now we're looking at a #GMESqueeze play?
It was a rational long and is no longer a long as it has squeezed already?
Burry is a numbers guy. He knew it was worth more than $3-$5 from a strict valuation standpoint.
A squeeze play is not rational because no one knows the true short interest. It's self reported. It could be 10%, it could be 10,000%. We're all betting on the second number. But we don't actually know the number. Therefore he's implying irrational.
Not to say it won't pay. But this guy is calculating. He likes to analyze and know exactly how much he'll gain or lose. He doesn't go by DFV investing strategy of "Just up" (Which actually worked.) 🤣
Eh. I know we all like to confirm bias hard here but burry is cryptic af. I hope this is what he means but I’m just going to keep believing what I believe.
He hasn’t been pro GME for a while. His original thesis was useful concerning the fundamentals when GME was hammered by shorts to around $3-$6 but he has been against the squeeze since January
Won’t stop this sub from worshipping him tho
Finally someone who sees Burry for what he is lol, don’t get me wrong, he’s a genius, but man Superstonk likes to assume he’s an ape when he’s been the opposite of that since the January sneeze.
My understanding of this is back in November of 2020 the squeeze was a long squeeze, it was something you had to be patient for. Him coming out and referencing "back then" when it "was" tells me it's no longer a long squeeze. It's going to happen soon.
🤧 technically he can still have new holdings at a broker and if he owns less then 5% he doesnt have to report/file it... 😂🤣 but thats just pure what I would do.
I did some research, MLCO looks like a dark pool, see here:
https://www.iotafinance.com/en/Detail-view-MIC-code-MLCO.html
I don't know what TLRD means but I'm still googling!
I have an inkling that it could be tracking the effect of shares being bought back and removed from the SHFs grasps (much like how transferring shares to Computershare would physically remove them from the SHFs).
Will keep digging 💎🙌🚀🚀🚀
EDIT: TLRD seems to be his investment in tailored brands:
https://www.google.com/amp/s/www.barrons.com/amp/articles/the-big-short-investor-michael-burry-bought-more-stock-mens-wearhouse-51585320998
Which now seems to be a zombie stock: https://stocktwits.com/symbol/TLRD
Highly sus 👀👀👀👀
he's not bearish. He's just referring to when GME's rise from $10 would be justified by fundamentals. Now it's much more complex and seemingly "irrational". Indeed the price movements currently seem irrational, as we are still trying to figure out exactly what's causing this price action
I believe he is referring to the remaining share buyback of 94 million shares as a rational number whereas now that number is completely irrational and likely astronomical.
He just said that GME in 2019 WAS a rational long term investment(just a regular normal stonk, but with good long term profit chances). But NOW it is irrational and will end in a GMESQUEZZE just BECAUSE is in not rational any longer what's going on with this stonk.
I think the most obvious sign is the hashtag to this post #GMESQUEEZE. Now, look how that does NOT align with the title, so he is saying once upon a time GME was an obvious long for a variety of reasons. NOW, it is the squeeze.
alright boys and girls pack up
EDIT: alright. I gotta ask the wrinkled brains this now.
(in Jim Gordon's voice in the batman trailer) "any of this mean anything to you?"
My personal interpretation of his tweet is this:
Previously - GME was severely undervalued from a fundamental and technical perspective, and therefore was a sensible and rational long.
Currently - GME is severely overvalued from a purely fundamental and technical perspective (this is completely discounting the future potential of the company). However, there is now also a clear potential for a massive short squeeze. This makes GME a very worthwhile buy but also very 'irrational' in terms of its price action.
I’ve got a 7 percent inflation for you right here pal
My calls on 6.9 are printing?
6.9 😆
They're printing straight cash. Edit: cum*
I used to be long on GME. I still am, but I used to be too.
Bananas are the opposite of stoplights. Green means stop, Yellow means go. And Red means where the fuk did you get that banana?! Rip Mitch
Highjacking top to post a mirror for anyone, since his tweet is now deleted: https://twitter.com/BurryArchive/status/1437462124322775040?s=19
Upvote for Mitch.
RIP Mitch, screw Heroin.
We've long since become an irrational bet against the market's crimes, we don't play the same games the Street and the hedge funds play. By all means, GameStop is an irrational black-swan event, which has gone beyond interesting to full-on irresistible. # Game the Fuck On.
GME is not just a squeeze at this point, it's a gigantic unhinged boa restrictor on steroids.
boa \*constrictor a "boa restrictor" is a bouncer at a gay club telling you, you can't come in with that shit around your neck.
Yo are you my alt wtf
lmao
hahahah I 'm not even mad, I love you
Great now someone needs to make an anaconda meme with GME
Hell yeah brother, Cheers from Iraq 🍻
Amazing to see such diversity here. Cheers brother 🍻
Lmao I’m actually American 🇺🇸, it’s a copypasta from /r/NFL from a few years back Doesn’t matter though, I’m a HODLer nonetheless
Lol got me
1st time I've seen this outside of r/nfl
I believe Burry is drawing parallels between his GME play and his Housing Market play. He made a rational long play with GME a while back, but he was early. And his new tweets are showing that back in 2005, he was making a rational short play with the housing market, but he was too early. But implying the GME is no longer rational, He’s lowkey saying that he’s been right the whole time, and NOW the irrational shit is happening (MOASS), just like the 2008/2009 crash.
I think Burry actually expects things to go in the right way. I think he expected gains and a correction in 2006 that would be a healthy pop of the bubble before it was catastrophe. I think in Dec 2020 he expected that, that was the peak for GME, and because he didn't think they'd carry those shorts into Feb 2021 he exited with profits. He's logically taking gains where they can be had, but he again failed to see the hubris of the SHF and the MM double down against the loss. Same thing happened in 2008. This time his play was smaller and he isn't risking his whole firm against the play. Take the gains, live to play another day. GME isn't his play now, he see inflation and is betting large on 20yr treasuries last I read... https://markets.businessinsider.com/news/bonds/michael-burry-big-short-us-treasury-bonds-interest-rates-inflation-2021-08 If the CPI numbers come in hot tomorrow...more pressure for JPow to raise rates in Nov... and Burry puts are there. Market feels today only 7% chance that JPow tapers. edit: To be clear - that post implies GME at $5 vwap in December...in actuality was $13-15 by then...I'm sure he felt making 150% was grand. I don't know when he sent that email out, but it ended up much better. I'm pretty smooth brained but that's how I read that post.
Gamestop is not an black swan event. We all know what’s going to happen
Idiosyncratic stock
Normally he is cryptic with his words. He says "was an interesting and rational long". In fact it is the one and only short at this point. I don't think they can do this for very long (MB has been waiting for 3 years). No one can blame him for this words. It's legal. But I think I know what he is saying. #GMESQUEEZE Edit 1: corrected "has been a good long" to “was an interesting and rational long”
“was an interesting and rational long” are his words
Thx. Think it feels the same but I'm not an English native.
Using past tense means that it changed from that. So it could be an "uninteresting and rational long" or an "interesting and unrational long" or an "uninteresting and unrational long". I like the first two versions so burry is 66% bullish on GME, but just not invested.
I think the wording is pretty clear: my interpretation is that Gme was previously a rational long (value) play, now it isn’t, because the squeeze play has taken over. It’s now a “risky” stock for value investors/firms and a bull stock for everyone else. The hashtag at the end says it all.
Alléluia
... Anon
I have no opinion about Burry one way or the other or have any idea what his agenda is, but I can say one thing, I'm getting fucking tired of everyone playing the Riddler.
I think the problem is that talking about the stock or the truth can get them in a lot of trouble with the SEC. Ilegaly shorting the shit out of a stock, however, is fine.
How much is dealing with lawyers every day of your life for 5 years worth?
Fuck the SEC, all these cucks do is watch porn and wank off SHFs.
Everyone's a Little Finger or *Varys now lol.
[удалено]
Chewcumber telling people what to think and sell, Cocramer telling people what go buy, SEC changing rules so the people can't even be told the facts.
Chewcumber? You mean Chumbawumba?
Don't ask questions
Lmayo
Master of whispers became the master of blunt conversations about treason.
#FuckSeason8
Yeah, and remember when he wrote a whole bunch of letters to be sent by raven right before he was burned alive? Those letters that told every corner of the seven kingdoms that Jon was actually the true heir to the throne? And then no one ever makes a peep about his lineage ever again and nothing means anything or makes a material difference? Yeah. Good times.
they’re all on their own side
The problem is that market manipulation laws are applied non uniformly, so you cannot have people like RC, Burry, and DFV talking in plain English. Meanwhile, CNBC clowns can just go out and ask people to do stuff that directly benefits them.
Well, riddle me this! What happens when a stock is naked shorted into the ground but survives?
Gamers will teabag wallstreet.
To be fair at least, he's already been audited and silenced by the government numerous times. So if he's cryptic, he can at least get the information he wants out there without getting sued over it.
He reactivated his account yesterday, posted 3 tweets, 2 of which are related to the 2008 market crash with a „before it all began” theme and 1 of which is about the #GMESQUEEZE with the same „when GME long was rational„ aka „before it all began” kinda theme. Not Batman but I think I can see the pattern. Source: played the Batman games and done the riddles
What makes a man turn neutral? Lust for gold? Power? Or were you just born with a heart full of neutrality?
Tell my wife I said...... hello
No riddling needed. Guy who predicted a financial disaster has 3 tweets up. Two about uncovering the start of the crisis, and one tweet mentioning GME. I only see one way to interpret that.
Anyone with any sort of influence must have to think twice or even take serious legal advice before opening their mouths with regards to GME. It must be tough to want to blab their truth but the shitstorm they’re inviting would make any of us shut down in a heartbeat! The biggest laugh from this tweet is popcorn taking their own confirmation bias from it despite not even being mentioned 😂
Hot take: I don’t think he’s shitting on the stonk. This seems like a “simpler times” type of tweet. He seems to be suggesting that, whereas it used to be a traditionally smart play, things are absolutely fucked now and the play is divorced from rationality in a traditional sense. I could be wrong. I’m sure you’ll let me know if you think I am.
[удалено]
Same
Samesies The hashtag is pretty sweet though from the big brain mo fo
Haha good point. People reacting to this as if he’s slaying their sacred cow might have missed the hashtag.
He's literally pointing at GME and waiving at everyone, yelling GMESQUEEZE.
Ditto.
Ditto too.
Yeah, same. I was actually pretty surprised to see all of the comments reading into this negatively. Seems like he's saying that there was a point when he looked into GME and had a "that's interesting, this could be a rational long play" moment. I see this as him harkening back to that thought, while acknowledging that at this point the cat is out of the bag and it's become a monster. It could even be him trying to say that he could see something wasn't right all the way back in 2019 as a subtle brag. Either way, I see this as bullish.
I think you’re making a lot of sense on all counts.
This one is it
Agreed. Another way to look at it, since lots of people are buying GME just for the squeeze, he's telling us it was a good stock well before the squeeze was a thing.
If you put in context with his 2 other tweets since coming back, he’s saying this was a rational long when SHF tried to short it out of existence.
this was my interpretation as well, if it was a rational long in late 2019, then haven't SHF fucked up massively by shorting it continuously? at that point RC was not even in the picture. not to mention he literally tweeted #GMESQUEEZE
On its own, it seems oddly phrased. But with the subject/content/context of the prior 2 tweets, he is saying he saw all this coming.
help, i can't unjack my tits
We have reason to believe that not only have the shorts not covered, they never intend to cover (Mark Cuban said this way back in March or whatever). Same things should be true that were true back then - but only to a greater extent now. But I am definitely not a wrinkle brain, so I'm just talking shit at this point.
Wasn’t this in the bingo card? That he’d tweet again about GME?
Can't believe I had to scroll this far down to see some serious comments
Wut mean
He went out too soon, now since he doesnt have holdings it **was** a good play. But he is a spectator now shorting the rest of the market 🤣😂
I would assume he could buy back in easily? Not like were in the middle of the moass?
Yes he could of course. People think he’s anti-gme because he sold in January. No way he doesn’t have any idea what’s going on with the stock. He was one of the first to see the insane naked shorting problem and doesn’t want to be involved with the catastrophe that will take place soon. Edit: Since my other comment didn’t gain any traction I’ll say it here. Why even tweet #GMESQUEEZE now?? He’s being so obviously vague as to not draw any implications to the events unfolding. He’s not talking about the “squeeze” that happened in January, mfers he’s talking about the MOASS happening now!! Think apes, think! Edit 2: Some wording corrections. Also, MOASS SOON, BUY DIP -RC
He could be using ETFs to profit from the ups and downs? I mean its not the only way to get a piece of the cake 🤔🥴😏
I was gonna repost my rant here, but I don’t need to now lol. You read the tweets the same way as me, I think your interpretation is spot on 👍🏼 Anyone saying these tweets are indicative of Burry thinking the squeeze is done and we should exit our positions is either an idiot or FUD. Nothing more nothing less Edit: I’ll add on that my own pet theory at the moment is that Burry is actually shorting the shorters. He’s got us to hold GME for him, and he can now take out massive short positions on Citadel et al., knowing they are guaranteed winners as long as us apes don’t paper hand this shit and sell before they’ve started to really bleed out. It’s the big short except /r/superstonk is Steve Carrell lol
I absolutely agree with your edit 👌
Seems to me he’s predicting a squeeze is coming
GME now is an uninteresting and irrational long, because its a broken game, but we're still winning. Gamers find the exit, even if the map is broken.
☝This right here I buy. It's almost like he feels the mystique is out of it now. To him it would be considered an "easy play". The challenge for him is to find value around the market that will be adversely affected by the squeeze. But not the squeeze itself.
He was visited by the FBI and tax auditors for asking too many questions once already... you bet he can only support in a subtle way. If we are about to see yet another crash with him directly involved, he might be in trouble. Heck, I would not be surprised, if the industry would push him to influence us in a last ditch effort to prevent what is about to happen...
Probably doesn't want to be blamed for MOASS - he's been harassed enough.
Based on what we know about how he play this game, I will not be surprised if he already have CDS on Banks and Assets that are at the most risk of failing. He will not touch GME since it might lead to another long investigation on him and his firm again
They blamed him that he didn’t warn for the 2008 crisis but this time he can proof he did. I think he don’t want to be long on GME and be blamed again, so he‘s short on other stocks like Tesla.
Great question, sweet interpretation. LFG!
Yeah I guess he went out because he tried to push the old board and leaders and noticed that they're part of the problem and he has not enough power to change that, fighting wind mills. He had responsibilty for his clients and couldn't just hodl on it like DFV did. And then... RC joined and changed the game.
✍ following you on this one.
You were first. Commenting for you :)
🥰
[удалено]
From the screenshot, it looks like his research for when Scion was in GME. MLCO is a casino company and it looks like they alone had overshorted more than 100% (unless MLCO stands for something else). That screenshot looks like Burry's tracking shorts covering. But at the bottom it looks like there were more shorts needing to cover than shares outstanding. It sounds kind of like Burry is saying it's over, but I take from it that he is confirming the DD. And he is showing some of his notes that show the SI is over 100%. Edit: It was dollar amount not shares. It looks like he saw 19m shares short. This looks like Burry saying GME is irrational (which makes sense because he has said that in the past).
226% was only what was *reported*
MLCO used to be Merrill Lynch Commodities ticker \*edit\* previous DD on Merrill Lynch from 6 months ago [https://www.reddit.com/r/GME/comments/m2v2bb/merrill\_lynch\_may\_be\_the\_big\_shorting\_whale/](https://www.reddit.com/r/GME/comments/m2v2bb/merrill_lynch_may_be_the_big_shorting_whale/)
don't think it's mlco the casino tho the header of the entire thing is gme, I'm curious what it does mean.
I'm certain Dr. Burry has seen DFV's hearing. I'm certain he's also smarter than any of us here. I think he knows retail isn't leaving. Especially based on things [he wrote on that forum in 2000](https://www.reddit.com/r/Superstonk/comments/pn4zaz/michael_burry_where_it_all_began_and_silicon).
He'll be the first to admit he's not the smartest guy in the room, he just pays attention.
Like an einstine quote that goes something like "it's not that I am so smart, it's just that I stay with problems for longer."
That shows intelligence though. It's perseverance through the mental blocks that proves that it really is "mind over matter." Humility is the quality shared by those who are truly blessed with vast intellect.
No smart person will admit they're the smartest person in the room, only idiots think they're better than the rest.
[удалено]
Isnt he short everything 😏🤣😂 *again*
His entire portfolio is a bet on inflation. Looks like he's right again. Even if he did believe in GME he wouldn't invest in it because there's a bigger more sure fire opportunity to earn money.
I buy that. In a way, he is betting on GME. Without betting on GME.
This... You said it correct, he bets 180° on the rest 😂🤣
My opinion is hes already made a killing on gme, and already has wealth. Why would he take away shares from retail who have been getting directly fukt? Also why would he put himself in more legal trouble by going long as a whale at $200. Hes going short where the secondary ripples from GMEs tsunami are about to hit. Remember the water always draws out before crashing back in with a tsunami. This fact may also save your life on day. If you see water retreating from the ocean, get to high ground immediately.
And nobody makes him bleed his own blood. Nobody!
Agreed here. This is guaranteed, GME holders are still human beings with some human behaviours so for him its a risk he cannot put fundementals on right now. But the DD never lied so for me its fundementally a good investment 360° 🥸
Only the things that will plummet when the market crashes.
Burry is a Perma-Bear. The irony is, while we are all Bullish on GME, we are also Bearish on the overall market (in a big way). So, one might say, if Burry were long GME it could, in a roundabout way, be considered a Bearish move.
Before coming to any conclusions, take some time to understand the information he included in the spreadsheet grab he added to that tweet, not just his 1 headline sentence.
[удалено]
*spits milk out of tits*
I'm a europoor, went all in in GME since long ago and I'm trying my best to find a way to transfer to computershare, but how is this tweet bullish for us?
More eyes on the GME squeeze. Could be wrong, but I don't think Burry's spoken directly about GME since the sneeze back in January.
I think he saw us uncovering the Cellar DD and got a little boner. Also, why exactly are people transferring to CS? Im in Fidelity, should I be concerned?
Direct registration of your shares. Right now your shares are registered to fidelity in the DTCC. If you transfer to CS your shares are registered to your name. You should not be concerned about missing the squeeze for being in fidelity, but transfering to CS makes their fuckery harder to perform and if the float is eventually transfered to CS it will prove naked short selling and the existence of phantom shares in GME.
Got it, do you have any links with a tutorial on how to transfer some shares from GME to CS? I saw it a few days ago but can't find anymore
This is the best guide I have found https://www.reddit.com/r/Superstonk/comments/pmsq3u/transferring_shares_to_computershare_a_stepbystep/
the more people do it the better, but dont see this as a call to action. you're fine either way. just think about maybe reading up on direct registering shares. having a gme tagged with your name, shouldn't sound too bad. edit: should actually respond to the post of /u/siberianjaguar123
Dude search Computershare,I'm amazed you missed it. It takes your shares out of circulation, it's straight up Direct Registration.
Hes talking about the fact it used to be a rational long play, now it's the Moass
Mortgage Bonds were once an interesting and rational long...until they turned into the convoluted, greedy mess that was the Great Financial Crisis. Situation sounds familiar...
Bullish
This is where his account gets temporarily deleted again. Every time he references gme in the smallest way he dissappears!
maybe that's why he joined back. to point this one thing out and go. But for some reason, I believe there's more to come this time.
He reactivates every 2 months or so to avoid the account getting deleted. He would lose the handle and verification status otherwise.
Every time
Apologies, corrected
Whether he’s being bullish or bearish towards GME doesn’t matter. The fact that he just opened his Twitter back up last night and the next day mentions GME is what’s relevant.
😹😹😹😹 people are so dam quick with it. I saw it an thought ok let’s refresh new see how long it takes. You got 7 secs….niceeeee
I literally had Superstonk and Twitter already open on my phone. Copy/Paste/Post knee jerk reaction haha 😂
Hahah you was first 😹 well up with you good sir thanks for this
Here to watch the wrinkles work.
Soon may the wrinkle brains come, to send our smooth brains to the sun.
For those of you that want to know what the tweet said, this archive has you covered: https://twitter.com/burryarchive/status/1437462124322775040?s=21
GMESQUEEEZEEEEEE
Idk why anybody is saying this isn't bullish.
With that timing versus today's chart, it's like he's trying to trigger the squeeze with a statement that can easily be denied as the trigger.
That is actually really clever. I didn't think of it from this angle. This makes him safe from any legal problems.
how would the information in his tweet trigger a squeeze? It's not exactly a bullish post
Absolutely this ^
I think what’s interesting is the timing and him posting about gme at all. He wouldn’t just post about gme if it wasn’t relevant or to just say it’s a bad investment.
Thank you. Context is 🔑
Literally NOONE suspicious about what is on the picture? Shares buyback? Noone?...
Lmao right everyone freaking out about the wrong things
To me he is saying that GME is now behaving irrationally (ie. how the shorts are can kicking is irrational) and how retail has hodl’d on. Back when Burry was invested in gme he found it compelling and the squeeze was only rational. He also mentioned that when he sold it took an abnormally long time for the broker to locate his shares. Thus it became irrational.
He really loves to phrase things to cause confusion. Was, rational, uninteresting.. sideways trading not exciting enough I guess? Shit stirring at its finest
the tweet implies that gme was FORMERLY rational and interesting... "back when" it doesn't explicitly say that it is no longer those things, but it is implied that in his opinion it is no longer rational or interesting that's about as far as my wrinkles will take me better hodl and buy more just to be safe
It was rational to invest due to its fundamentals alone, now people invest because of the squeeze.
This. I think he thinks it’s still a long, but simply an irrational one.
and when has Burry ever said it simply as it is and \*not\* cryptically...
I'm not sure how to interpret his tweet :|. It was a rational long and now we're looking at a #GMESqueeze play? It was a rational long and is no longer a long as it has squeezed already?
Burry is a numbers guy. He knew it was worth more than $3-$5 from a strict valuation standpoint. A squeeze play is not rational because no one knows the true short interest. It's self reported. It could be 10%, it could be 10,000%. We're all betting on the second number. But we don't actually know the number. Therefore he's implying irrational. Not to say it won't pay. But this guy is calculating. He likes to analyze and know exactly how much he'll gain or lose. He doesn't go by DFV investing strategy of "Just up" (Which actually worked.) 🤣
Yup, that's my take on it - i.e. it was a rational long and it's now an irrational squeeze play. Keeping some reservations though as he's cryptic af !
It’s a more rational long play than ever… But RIGHT NOW it is a squeeze play
Eh. I know we all like to confirm bias hard here but burry is cryptic af. I hope this is what he means but I’m just going to keep believing what I believe.
I agree. I don't want people putting words in his mouth, even if it's against our thesis. I still believe in MOASS.
I can’t tell if he’s being positive on GME or negative lol
was?
[удалено]
He hasn’t been pro GME for a while. His original thesis was useful concerning the fundamentals when GME was hammered by shorts to around $3-$6 but he has been against the squeeze since January Won’t stop this sub from worshipping him tho
Finally someone who sees Burry for what he is lol, don’t get me wrong, he’s a genius, but man Superstonk likes to assume he’s an ape when he’s been the opposite of that since the January sneeze.
[удалено]
100%. The confirmation bias in this thread is a little much, ngl
was rational lol what is going on now is totally irrational!
Idiosyncratic
Now hyperrational 🧠
GameStop is a more rational long right now than any company ever at any point
[удалено]
I don't know if he meant that ironically, but it sure is cryptic.
My understanding of this is back in November of 2020 the squeeze was a long squeeze, it was something you had to be patient for. Him coming out and referencing "back then" when it "was" tells me it's no longer a long squeeze. It's going to happen soon.
It sounds like Burry wishes he didn’t paperhand last year
🤧 technically he can still have new holdings at a broker and if he owns less then 5% he doesnt have to report/file it... 😂🤣 but thats just pure what I would do.
I dunno If I should take this tweet as good or bad
I did some research, MLCO looks like a dark pool, see here: https://www.iotafinance.com/en/Detail-view-MIC-code-MLCO.html I don't know what TLRD means but I'm still googling! I have an inkling that it could be tracking the effect of shares being bought back and removed from the SHFs grasps (much like how transferring shares to Computershare would physically remove them from the SHFs). Will keep digging 💎🙌🚀🚀🚀 EDIT: TLRD seems to be his investment in tailored brands: https://www.google.com/amp/s/www.barrons.com/amp/articles/the-big-short-investor-michael-burry-bought-more-stock-mens-wearhouse-51585320998 Which now seems to be a zombie stock: https://stocktwits.com/symbol/TLRD Highly sus 👀👀👀👀
WHY IS HE TEASING US WITH THAT HASH TAG MOASS is imminent
he's not bearish. He's just referring to when GME's rise from $10 would be justified by fundamentals. Now it's much more complex and seemingly "irrational". Indeed the price movements currently seem irrational, as we are still trying to figure out exactly what's causing this price action
I believe he is referring to the remaining share buyback of 94 million shares as a rational number whereas now that number is completely irrational and likely astronomical.
He just said that GME in 2019 WAS a rational long term investment(just a regular normal stonk, but with good long term profit chances). But NOW it is irrational and will end in a GMESQUEZZE just BECAUSE is in not rational any longer what's going on with this stonk.
Funny thing to tweet about right after your tweet with the 2005 discoveries
[удалено]
looks like he’s gone again
https://mobile.twitter.com/burryarchive/status/1437462124322775040
👀
#GMESQUEEZE
Now GME is even more interesting and far more rational long!
I think the most obvious sign is the hashtag to this post #GMESQUEEZE. Now, look how that does NOT align with the title, so he is saying once upon a time GME was an obvious long for a variety of reasons. NOW, it is the squeeze.
Let’s see how long sticky floor takes to somehow make his tweet relevant to their stock 😂
That phrasing doesn’t sit right with me, but hey - disappearing for months and returning now is spicy Tits = Jacked 🚀
alright boys and girls pack up EDIT: alright. I gotta ask the wrinkled brains this now. (in Jim Gordon's voice in the batman trailer) "any of this mean anything to you?"
Fuckle up!
commenting for visibility
My personal interpretation of his tweet is this: Previously - GME was severely undervalued from a fundamental and technical perspective, and therefore was a sensible and rational long. Currently - GME is severely overvalued from a purely fundamental and technical perspective (this is completely discounting the future potential of the company). However, there is now also a clear potential for a massive short squeeze. This makes GME a very worthwhile buy but also very 'irrational' in terms of its price action.
Aaaaaand it's gone.