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re: So I bought some Gamestop(GME)

Posted on 1/27/21 at 8:33 pm to
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18371 posts
Posted on 1/27/21 at 8:33 pm to
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/27/21 at 8:34 pm to
deleted
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18371 posts
Posted on 1/27/21 at 8:35 pm to
quote:

If the diamond hands have the cash set aside to call those shares, they very well might go to 1000. If they don’t, this might be over



That’s not how it works, the lenders will want their shite back. and some of you aren’t realizing that retailers aren’t the only players now.
Posted by cgrand
HAMMOND
Member since Oct 2009
46656 posts
Posted on 1/27/21 at 8:37 pm to
I grabbed a little BB after the original post and before this insanity. Otherwise no I’m just watching and being impressed by the cleverness that the GME knights have shown.

it’s the options that started the squeeze but as the endgame approaches it’s the shares that will decide who wins. There just aren’t enough shares to fill calls that execute. shite is about to get real IF the calls are executed
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14469 posts
Posted on 1/27/21 at 8:38 pm to
fricking sold then. I’m executing Friday.
Posted by cgrand
HAMMOND
Member since Oct 2009
46656 posts
Posted on 1/27/21 at 8:40 pm to
the wildcard is that GME could do an offering and there might be pressure put on them to do it
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11860 posts
Posted on 1/27/21 at 8:42 pm to
I've been waiting for a secondary offering in one of these names
Posted by cgrand
HAMMOND
Member since Oct 2009
46656 posts
Posted on 1/27/21 at 8:43 pm to
quote:

fricking sold then. I’m executing Friday.

everyone has to do it though
every call option not executed is 100 less shares that the option sellers have to go get. Someone correct me if I’m reading this wrong

the only way to keep driving the price is to hold and accumulate those shares and keep the short sellers from getting them at any price
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42968 posts
Posted on 1/27/21 at 8:44 pm to
I canceled my sells.

IM ALL IN


APES TOGETHER STRONG
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40288 posts
Posted on 1/27/21 at 8:51 pm to
quote:

If the diamond hands have the cash set aside to call those shares, they very well might go to 1000. If they don’t, this might be over



The advice is to sell enough of your calls on Friday to exercise the rest of the calls you hold.
Posted by Stiles
Member since Sep 2017
3454 posts
Posted on 1/27/21 at 8:56 pm to
quote:

APES TOGETHER STRONG

Let’s Geaux then
Posted by Newuser13
Member since Aug 2020
441 posts
Posted on 1/27/21 at 8:57 pm to
I’m jealous of the people that bought this share at fricking $15 a pop. I totally missed out
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40288 posts
Posted on 1/27/21 at 9:07 pm to
Is portnoy a suit stooge?
Posted by GAFF
Georgia
Member since Aug 2010
2708 posts
Posted on 1/27/21 at 9:12 pm to
Is GME traded on the foreign markets? I’d be curious to see how it’s doing over there.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/27/21 at 9:15 pm to
yes. germany and France have been gobbling it up the last few days
Posted by Centinel
Idaho
Member since Sep 2016
44280 posts
Posted on 1/27/21 at 9:16 pm to
quote:

yes. germany and France have been gobbling it up the last few days



The autists' reach is long.

Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/27/21 at 9:16 pm to
quote:

That’s not how it works, the lenders will want their shite back. and some of you aren’t realizing that retailers aren’t the only players now.

He doesn't know how this works.

He likes reaching for those grapes though.
Posted by AUtigerNOLA
New Orleans, LA
Member since Apr 2011
17221 posts
Posted on 1/27/21 at 9:19 pm to
Really all I wanted the past couple months was a PS5. I can’t get that shite to save my fricking life but rest assured, you can frick some billionaires along the way.
Posted by TheChosenOne
Member since Dec 2005
18847 posts
Posted on 1/27/21 at 9:21 pm to
quote:

I've been waiting for a secondary offering in one of these names


No underwriter is touching these stocks right now. They essentially buy the shares and turn around and sell them. No one is taking on that risk with this volatility.
Posted by KamaCausey_LSU
Member since Apr 2013
17137 posts
Posted on 1/27/21 at 9:27 pm to
I wonder if now is a good time to start messing around with the VIX (or UVXY).
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