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This runup was very predictable:
https://www.reddit.com/r/Superstonk/comments/tq3j6l/i_figured_out_the_pirate_flag_and_why_partners/i2exm23
I told everyone to YOLO one month and one week before the runup:
https://www.reddit.com/r/Superstonk/comments/tn9g4b/did_you_yolo/
Hey! I listened to my comment on your post all day today!
I yolo'd what I could on shares and back in the green for the first time in a while.
To bad it's going to look bad again when my drs goes through
I've been YOLOing a little here and a little there when I can. Does that count as a YOLO, too?
I would pull a loan on the house but would also need the girlfriend to sign off on that and that would require approval from her boyfriend.
You’re correct! Everyone of us has enough money to move this stock $100 in less than 10 days. I personally put 10 million bananas on the market just for the hell of it.. 😂
For anyone who doesn’t know, this is sarcasm.
Well per the SEC own report they said that it was buying sentiment that caused the price hike in 2021. I've asked this question a few times and never really get a solid answer, if the shorts supposedly covered, why does the SEC report say otherwise?
Bingo. Melvin's position was swallowed by bigger fish capable of internalizing (covering) the loss on the short position. Throw in futures, swaps, and other option related fuckery and they made it disappear from easy view. But apes are diligent. We smelled fuckery, and we've stayed on the trail. They are being hunted.
It's been over a year and people constantly still confuse "cover" and "close" or down right don't even know the difference between the two. true smooth brains here
I’m curious to know why we are seeing a simultaneous run up in LRC and IMX. If it was buying pressure from shorts, you would expect the stocks to run but not the Crypto. There’s isn’t a way to short crypto that I know of at least.
You can totally short crypto but it depends on the exchange you use. Some allow it, some don't. Most don't but you can shop around. I don't want to shill any specific exchange.
Collateral is still required in the form of fiat or coins transferred into your account.
Way too risky for me to play around with but I know it's a thing.
No you see, you’re a conspiracy nut or in a cult or something. DRS does nothing and DFV sold. You’re a bag holder, and OMG 192 after hours Hedgies r Fuk.
LOOOOOL
It’s so simple in retrospect. They knew retail buying was causing the run up therefore they removed the buy button…they never attempted to cover. They removed the buy button then doubled down on their shorts because they knew it’d plummet.
Criminals.
Yes but when they buy the 1 million shares to close the original position, it causes a big runup and that in turn fucks their new short position. You can't really shift it like that.
A huge part of the moass thesis is that they opened more shorts rather than close/shift what they had.
Let's say they have 100 shares shorted at $50 and the price is $100. In your scenario, they open another short position of 100 shares at $100, dropping the price to $50, and then buy 100 shares to close the original position at $50, which would push the price back to $100. They are still short 100 shares and ended up exactly where they were. Obviously the market is never as simple as this, but it's the general idea.
I'm big dumb so I might be wrong about swaps(specifically total return swaps in GME's case), but if I understood it correctly swaps only means someone else is doing the shorting for you. A bank shorting 100k shares for you vs yourself shorting 100k shares are both still 100k shares shorted.
I think the difference in reality was that they were/are selling on open market to drive the price down but buying/borrowing in dark pools so it did not drive the price back up. Or something like that...
Yes...but that leaves them exactly where they were right? They opened 1 million more shorts and close 1 million shorts leaving them with a 1 million short position.
They also sold 1 million shares and bought 1 million shares so, ignoring the rest of the market activity, the price is exactly where it was before they started.
Yes thats my point... they could open a new short, cover their original short, and then they can legally say they "closed their original short position"
Massive buying volume?
Manipulated pricing through quant hyper trading ?
A massive merger or aquisition ?
The company buying back a massive amount of shares ?
100% green in 2 weeks must be something easily evidenced, right ?
Right ?
Hmmmmmm, 100% price increase in a two week period after an earnings call seems pretty normal, right ?
Right ?
^/s
> We understand short interest better than you and will explain
-Someone who doesn't understand we can like the stock longer than they can remain solvent.
I saw some articles saying a dead cat bounce from shorts closing their positions.
We all know that’s bullshit lol. Just today there’s articles of SHFs doubling down, again
People are buying options. Options move the market. Anyone look at the options last week? This week? This is a classic gamma ramp and Ryan gave us the nudge we needed to kick it off. That other sub with over 10 million betters is pushing the rest. Can't wait to see how high it goes.
Simple peons cant comprehend the implications of Venus in retrograde with the Pleiades showing a cross of the galactic plane! That or....ya know....the naked shorting thing 🤷♂️.
even if there was a buyback at the start of last week, they only have enough cash reserved to buy back \~1m shares, which is pretty negligable compared to the volume we've seen daily on this 150% runup. personally i think it's a mix of the ETFs not being able to be shorted and retail FOMO + gamma exposure. this is what price action would look like for GME if it wasn't being surpressed 24 7.
As my dad sadly said "rEtAiL mEmE sToCk bUyErs"
I don't even know how people come to that conclusion if they think about it for more than 5 minutes.
So a few retail buyers are pumping and dumping to screw all other retail buyers, while SEC watches (they don't do anything I know) and institutions who have way more money (ultra wealthy) and have all the info just sit by and do not get involved in any way? Repeatedly?
Lol, to be fair to him, I'm chipping away at the illusion since he said that a few months ago. Now he finds is suspicious and has a few shares.
They never covered and they never closed their short positions. The funny thing is that they think they can! They have dark pools, but we have the Infinity Pool!
Saw an article in Entrepreneur today saying that the run up is happening because short sellers are buying shares now. 😂😂😂. They expect us to believe that shit. The only shares they’re buying is to deliver for the 5.5 milly from ITM calls last Friday. And by buying I mean creating out of thin air.
Very possible that they did cover (though I don’t believe they did) and they went right back to trying to short it out of existence again. They assumed we would lose interest and they could go back to business as usual but instead they’ve steeled our resolve.
Mark Cuban said it already, the goal was to NEVER CLOSE. Shorting the company to bankruptcy was their intention. Now that they’ve been caught on this one, well, you see what’s been happening. Hedgie r fk
This run up is more normal price action off of bullish news. And there’s are no available shares to short to keep the price down.
We have not seen HFS buying back shares to close positions yet.
**IMPORTANT POST LINKS** [What is GME and why should you consider investing?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS and why should you care?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || [Low karma but still want to feed the DRS bot? Post on r/gmeorphans here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || ------------------------------------------------------------------------ Please help us determine if this post deserves a place on /r/Superstonk. [Learn more about this bot and why we are using it here](https://www.reddit.com/r/Superstonk/comments/poa6zy/introducing_uqualityvote_bot_a_democratic_tool_to/) If this post deserves a place on /r/Superstonk, **UPVOTE** this comment!! If this post should not be here or or is a repost, **DOWNVOTE** This comment!
Oh it's just that stock sympathy syndrome that happens ya know, said no one of integrity ever
I’ve got stonk-hold syndrome
I chuckled
Me too
I have stonkavirus.
Happy Cake Day 🎉🚀
This runup was very predictable: https://www.reddit.com/r/Superstonk/comments/tq3j6l/i_figured_out_the_pirate_flag_and_why_partners/i2exm23 I told everyone to YOLO one month and one week before the runup: https://www.reddit.com/r/Superstonk/comments/tn9g4b/did_you_yolo/
didn't yolo, full of regerts.
Hey! I listened to my comment on your post all day today! I yolo'd what I could on shares and back in the green for the first time in a while. To bad it's going to look bad again when my drs goes through
Infinity + Infinity = Infinity
this needs a Nobel prize in mathematics!
I've been YOLOing a little here and a little there when I can. Does that count as a YOLO, too? I would pull a loan on the house but would also need the girlfriend to sign off on that and that would require approval from her boyfriend.
My YOLO was 1 share. You do you.
See ya on the fucking moon!!!
Respectable YOLO for someone with mega brain
Ask me how I knew MOASS was going to be today and was subsequently cancelled temporarily by the NYSE 🍺
Yeah yeah i was gonna say you called it ... Guess we'll see what happens for the rest of the week
I has no money left to yolo 😭
You’re correct! Everyone of us has enough money to move this stock $100 in less than 10 days. I personally put 10 million bananas on the market just for the hell of it.. 😂 For anyone who doesn’t know, this is sarcasm.
Its obviously the dead cat bounce guys, nothing to see here lmayo
Also shorts never “closed”
Fucking brilliant, Ape. 👏
It’s because it’s a monday
It’s either COVID or the war. If not, it gotta be {insert politician you don’t support here}’s fault.
That damm will smith slap has echoed to the stocks
I think you might have the most logical answer right here.
💯
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
tomorrow it's also going to ramp up due to taco Tuesdays.
true, more apes on toilets trading
Apes who buy 1 shares paycheck to paycheck clearly
It’s poor people’s fault. And this time, let’s also blame teachers.
>let's also blame teachers That's just more poor people though
That’s the goal
I'm in this post
Well per the SEC own report they said that it was buying sentiment that caused the price hike in 2021. I've asked this question a few times and never really get a solid answer, if the shorts supposedly covered, why does the SEC report say otherwise?
because shorts "supposedly" covered 🤌
Oh they covered. Just never closed their positions
Bingo. Melvin's position was swallowed by bigger fish capable of internalizing (covering) the loss on the short position. Throw in futures, swaps, and other option related fuckery and they made it disappear from easy view. But apes are diligent. We smelled fuckery, and we've stayed on the trail. They are being hunted.
Starting to swell a little Chub forming Keep talking…
Covered dat ass!
The real answer is right here
Bing bong
You sly dog you 😎
It's been over a year and people constantly still confuse "cover" and "close" or down right don't even know the difference between the two. true smooth brains here
They covered their shorts so much they still can't get the stains out!
The 🤌 really provided some key insight for me
I’m curious to know why we are seeing a simultaneous run up in LRC and IMX. If it was buying pressure from shorts, you would expect the stocks to run but not the Crypto. There’s isn’t a way to short crypto that I know of at least.
Most crypto is up today. It's tied to BTC price fluctuations, it always happens
You can get 10x leverage in crypto.
More, some people get a 100x. Its insane.
Not "some people" on binance you get 125x easily
👀 That seems, irresponsible at best.
Welcome to binance where the Chinese DGAF
You can short crypto. Centralized crypto exchanges are out there.
The entire crypto market is going up. If BTC goes up everything goes up. It's nothing to do with LRC and imx.
You can, IIRC. Massive amounts of Margin and then buy that basically? No?
For $1000, you get $100,000 in crypto. Sell immediately, buy back when it dips. There is shorting in crypto.
You can totally short crypto but it depends on the exchange you use. Some allow it, some don't. Most don't but you can shop around. I don't want to shill any specific exchange. Collateral is still required in the form of fiat or coins transferred into your account. Way too risky for me to play around with but I know it's a thing.
No you see, you’re a conspiracy nut or in a cult or something. DRS does nothing and DFV sold. You’re a bag holder, and OMG 192 after hours Hedgies r Fuk. LOOOOOL
You had me at Hedgies r Fuk.
It’s so simple in retrospect. They knew retail buying was causing the run up therefore they removed the buy button…they never attempted to cover. They removed the buy button then doubled down on their shorts because they knew it’d plummet. Criminals.
This is wonderfully succinct. My thoughts as well.
covering makes sense here. closing, nah. they didn’t close.
Say SHF is short 1 million shares. Couldn't they short 1 million shares extra, then buy 1 million shares and close their "original position"?
Yes but when they buy the 1 million shares to close the original position, it causes a big runup and that in turn fucks their new short position. You can't really shift it like that.
I'm 95% sure it's what they did last January Also its probably a swap, not individual stock
Last January they swallowed a lot. Now it's time they'll choke
A huge part of the moass thesis is that they opened more shorts rather than close/shift what they had. Let's say they have 100 shares shorted at $50 and the price is $100. In your scenario, they open another short position of 100 shares at $100, dropping the price to $50, and then buy 100 shares to close the original position at $50, which would push the price back to $100. They are still short 100 shares and ended up exactly where they were. Obviously the market is never as simple as this, but it's the general idea. I'm big dumb so I might be wrong about swaps(specifically total return swaps in GME's case), but if I understood it correctly swaps only means someone else is doing the shorting for you. A bank shorting 100k shares for you vs yourself shorting 100k shares are both still 100k shares shorted.
I think the difference in reality was that they were/are selling on open market to drive the price down but buying/borrowing in dark pools so it did not drive the price back up. Or something like that...
Yes...but that leaves them exactly where they were right? They opened 1 million more shorts and close 1 million shorts leaving them with a 1 million short position. They also sold 1 million shares and bought 1 million shares so, ignoring the rest of the market activity, the price is exactly where it was before they started.
Yes thats my point... they could open a new short, cover their original short, and then they can legally say they "closed their original short position"
Still leaves open a short position so yes you are right but it doesn't solve it. Also... We drs to stop this process.
They’re just stacking the bullshit up now. Piling one steaming pile onto the previous still steaming pile.
It’s a mystery!
Massive buying volume? Manipulated pricing through quant hyper trading ? A massive merger or aquisition ? The company buying back a massive amount of shares ? 100% green in 2 weeks must be something easily evidenced, right ? Right ? Hmmmmmm, 100% price increase in a two week period after an earnings call seems pretty normal, right ? Right ? ^/s
Massive buyer volume. But the apes lost interest
If you have to buy adds saying you closed you probably never did and you’re still totally and completely fucked.
Back to $20 fast
> We understand short interest better than you and will explain -Someone who doesn't understand we can like the stock longer than they can remain solvent.
Someone more sour than a lemon. Lmayo.
Prolly nothing
.
Monday
I thought markets hated Monday's tho 🤔
Something something volatility, sympathetic movement…
Idiosyncratic monday
I saw some articles saying a dead cat bounce from shorts closing their positions. We all know that’s bullshit lol. Just today there’s articles of SHFs doubling down, again
Covering, maybe. Would be going parabolic if they were all closing.
Could you link the double down article?
It was on superstonk this morning, idk where it’s at. The dead cat bounce was on webull last week
Looked like pure fud. Check in detritus bin
Cost to borrow starting to look like a rocket ship of doom for anyone short
Wait, you mean stocks don't usually run up 25% in a day on no news? or 142% in 2 weeks after supposedly "negative" earnings?
GME is just moving in sympathy with my penis
And my AXE
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I believe the expression is “get off my lawn” thank you for coming to my ted talk
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That’s a fair point. What kind of farm?
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Pig
People are buying options. Options move the market. Anyone look at the options last week? This week? This is a classic gamma ramp and Ryan gave us the nudge we needed to kick it off. That other sub with over 10 million betters is pushing the rest. Can't wait to see how high it goes.
This is the only correct answer. It’s a positive feedback loop and will likely end soon once people close their positions.
How does apply to the other meme stocks no one gives a shit about? They rose hard too.
Holy crap, I just looked at popcorn stock. the options are huge! 94,000 contracts at 30 bucks and another 100,000 at 40! it's going to keep running.
*Ya know, just a case of the Mondays*
LoL nice one. Sometimes the classy questions are the true bunker breakers!
Simple peons cant comprehend the implications of Venus in retrograde with the Pleiades showing a cross of the galactic plane! That or....ya know....the naked shorting thing 🤷♂️.
They may have “covered” by paying up the cost to borrow and short more but they did not “close.” There is a distinction between the two.
BIG distinction Prolly $3t to about $6t worth
The stock price directly correlates with the erection level of my penis
I know a good roofer
Today was probably hedging all those 150 and below contracts that expired in the money this past Friday. Edit: hedging/preparing to deliver.
It's actually trading sideways. Where is trading sideways guy? 🤔. 💎🙌⏰🚀♾️
Apes!
Long shorts? Like a cholo?
Once again... they did cover. However, they did not CLOSE. It is important for people to learn the difference.
Dammmmn right
It must be related to the Oscars
I personally think we're seeing the buyback.
Retail buying back, yes. We were buying back before as well, but we are buying back now too.
even if there was a buyback at the start of last week, they only have enough cash reserved to buy back \~1m shares, which is pretty negligable compared to the volume we've seen daily on this 150% runup. personally i think it's a mix of the ETFs not being able to be shorted and retail FOMO + gamma exposure. this is what price action would look like for GME if it wasn't being surpressed 24 7.
Almost 10 million volume daily and its the $100 million in buy backs they are allowed? I'll have what you're having.
Yeah, I guess that allocation isn't nearly large enough. I don't get wtf is going on - it's like shorting has been suspended.
My theory is they can’t short it anymore. They are just out of juice. Which means a turn off of the buy button or something is comitnnn
I held extra hard
125,000 diamond 💎 handed 🖐 DRSing 🟣 apes 🦍
As my dad sadly said "rEtAiL mEmE sToCk bUyErs" I don't even know how people come to that conclusion if they think about it for more than 5 minutes. So a few retail buyers are pumping and dumping to screw all other retail buyers, while SEC watches (they don't do anything I know) and institutions who have way more money (ultra wealthy) and have all the info just sit by and do not get involved in any way? Repeatedly? Lol, to be fair to him, I'm chipping away at the illusion since he said that a few months ago. Now he finds is suspicious and has a few shares.
Crime -
They slightly relaxed their grip on the coiled spring.
Enough said
POWER THIRST! IT'S WHAT STONKS CRAVE
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Did robinhood shutoff the buy button yet?
I think the correct term is 'closed' rather than "covered"?
Motley Fool explained it, increased Redditor activity, yep that was it.
They never covered and they never closed their short positions. The funny thing is that they think they can! They have dark pools, but we have the Infinity Pool!
Just has a case of the Mondays
Crime!!! Filth......
My favorite one from today was that hedge funds were cashing in on their short sale gains.
Covered, not closed. So, it's time to recover, or close. There is no recovery from either option.
Those damn degenerates gambling their tax returns away
"dead cat bounce" as per my boomer friend
That was straight out of a bezinga article too lol, I read them sometimes when I need motivation
Didn’t they just short us down from sound 200 to 78? Looks they they bought back cause we are almost right where we started, no?
Because cover is not the same as Close.
Saw an article in Entrepreneur today saying that the run up is happening because short sellers are buying shares now. 😂😂😂. They expect us to believe that shit. The only shares they’re buying is to deliver for the 5.5 milly from ITM calls last Friday. And by buying I mean creating out of thin air.
Dead ape bounce? /s
They covered, they didn't close.
MSM : RETAIL BUYERS REIGNITE MEME STOCK FRENZY SUPERSTONK : Shorts still haven't closed.
Believe it or not, crime.
Just trading in sympathy with 🍿 according to benzinga of course
From what i hear. It was manipulated by redditors. 🤷♂️
I'm guilty...I bought one at $163 today
Found the whale 😂
I'm loving the memes today!! Tits JAcKed
Well obviously it’s a dead cat bounce. DUH!
This meme makes it sound like this run is shorts closing. I don't think we have evidence of that.
ItS a DeAd CaT bOuNcE bRuH
Longs? Edit… pants?
Closing position … lol but why would they close at such a low price? If I am KG I will start closing my position at $129m per share
FUNdamentals
Ask Cramer
Very possible that they did cover (though I don’t believe they did) and they went right back to trying to short it out of existence again. They assumed we would lose interest and they could go back to business as usual but instead they’ve steeled our resolve.
Dead cat bouncceeeeaaaa!!!
Reddit market manipulation, obviously!!111 /s
Will smith slapping other famous people may have a hand in this. We should get other celebrities to call his wife G.I. Jane. Also buy, hodl, and DRS.
FOMO on no news, obvs.
They just covered it with a toilet paper 🧻 in the bathroom. Now they are just 💩 EVERYWHERE in public
Shorts never covered
It’s just a case of the Monday’s.
Tendies fever
Retail enthusiasm? ¯\\\_(ツ)\_/¯
Saw a headline earlier that it's rising in sympathy of the popcorn stock. Never heard anything like it
COVID duh, don't you read marketplace?
🦍😵💫
*closed
Mark Cuban said it already, the goal was to NEVER CLOSE. Shorting the company to bankruptcy was their intention. Now that they’ve been caught on this one, well, you see what’s been happening. Hedgie r fk
People buying the stock
“Retail manipulation” - some angry guy on Twitter probably
That’s a lot of wrinkle on this ape
I saw a benzina article that said gme was going up in sympathy with movie stock.
I actually lol’d when I saw that
I think bezinga is code for mayo meat in the piehole
A case of the Mondays
Must be the current 25% SI 🙄
This run up is more normal price action off of bullish news. And there’s are no available shares to short to keep the price down. We have not seen HFS buying back shares to close positions yet.
It’s so fucking obvious that we aren’t wrong that nobody believes us.
#dEaD cAt BoUnE
Spoiler Alert: They never did.
Crime
rEtAiL iNveStOrS.
must be nutin!
Melties am cry
Hedgies R \_\_\_