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[alphachino]

Absolute bonkers price action. It’s possible that the Gamestop saga might be finally reaching its crescendo.

If this continues it’ll consume the market by Friday.

 

[Chuck Berry]

Coincidence?

'Roaring Kitty' social media return: What to know about the meme stock trader

"Roaring Kitty" is back in the spotlight after suddenly becoming active again on social media. Here's what you need to know about the famous meme stock retail trader.

www.foxbusiness.com

 

[FoxMcChief]

Coincidence?

'Roaring Kitty' social media return: What to know about the meme stock trader

"Roaring Kitty" is back in the spotlight after suddenly becoming active again on social media. Here's what you need to know about the famous meme stock retail trader.

www.foxbusiness.com

Doubtful

 

[Elbereth]

 

[alphachino]

Oh, I forgot to mention that Gamestop have $1.2 Billion in cash and are a profitable company.

 

[Loomy]

this time might be the real deal​

What about this time makes you think it's the real deal?

 

[Bridges]

Dogecoin is finally gonna spike next, right?... Right?

 

[AV]

It's literally because RK Tweeted, it will collapse again tomorrow. Grats to anyone who exited with what they were holding from years ago.

 

[ahtlas7]

Who’s buying their stock at such a price? Very weird

 

[feynoob]

GHG calm the F down. No need to take your bigchungs out. You are going full Wall Street degenerate.

 

[asdasdasdbb]

The whole Gamestop/AMC thing was definately the dumbest thing from the pandemic.

 

[RavageX]

I wonder how it feels for a company to be played around with like this.

Meaning, the company itself isn't responsible for surges unless they do something stupid (which gamestop has been doing for quite some time) but a internet post can temporarily make them worth more....

 

[MonkeyClaw36]

I wonder how it feels for a company to be played around with like this.

Meaning, the company itself isn't responsible for surges unless they do something stupid (which gamestop has been doing for quite some time) but a internet post can temporarily make them worth more....

Roaring Kitty himself is not without blemish. There is a reason he disappeared.
People think that during the first surge, he did it and kept covering it like a maniac to benefit himself.

I think there was an article about him buying GS stocks a few days before it went crazy and he actively was 1 of the main instigators of the whole trading thing. Makes you wonder what his intentions were IF true....

Reddit Trader Roaring Kitty Accused Of Fraud In The Latest Wild Lawsuit Coming Out Of GameStop Saga

One of Reddit's most outspoken WallStreetBets traders is being sued for alleged securities fraud.

www.forbes.com

 

[clarky]

's baby.

Great movie, looks like we are getting a sequel lol.

 

[GHG]

I wonder how it feels for a company to be played around with like this.

Meaning, the company itself isn't responsible for surges unless they do something stupid (which gamestop has been doing for quite some time) but a internet post can temporarily make them worth more....

They will love it. The execs can cash out of their shares at inflated prices and they can do share offerings in order to raise capital for the company.

There is no down side for them.

 

[Draugoth]

Too bad i cant purchase those stocks. Good luck for the future millioinaires

 

[Cert.in.Death]

The whole Gamestop/AMC thing was definately the dumbest thing from the pandemic.

THE dumbest? I respectfully disagree.
But dumb it was.

 

[CloudShiner]

So how much stock did Roaring Kitty buy before he tweeted?!...

Nice work if you can get it.

 

[Herbspiceguy]

Maybe time to cash out, was dumb enough to buy during the hype.

 

[_Ex_]

 

[Metnut]

GameStop will inevitably be priced at zero. Just don’t be the one holding the back when it goes back down.

 

[alphachino]

What about this time makes you think it's the real deal?

Because realistically, it never should have been suppressed like it was. This kind of breakout can easily get away from the shorts, but the levels of crime inherent in the system knows no bounds, therefore the operative word of “might” is an important one not to overlook.

 

[GHG]

Because realistically, it never should have been surpressed like it was. This kind if breakout can easily get away from the shorts, but the levels if crime inherent in the system knows no bounds, there the operative word of “might” is an important one not to overlook.

It's nothing to do with the shorts they aren't covering.

Mechanically this is a gamma squeeze.

 

[bumpkin]

I bought one share for shits and giggles when it was inexpensive ($16) but that’s not gonna make me rich if I sell it now (or ever).

 

[Cyberpunkd]

I wonder how it feels for a company to be played around with like this.

Meaning, the company itself isn't responsible for surges unless they do something stupid (which gamestop has been doing for quite some time) but a internet post can temporarily make them worth more....

Considering until today you could buy Calls/Puts for that price range for absolute pennies I would hope someone in the management dropped $100 of fuck you money and are now a millionaire.

 

[Cyberpunkd]

I bought one share for shits and giggles when it was inexpensive ($16) but that’s not gonna make me rich if I sell it now (or ever).

For shits and giggles that $16 would have gotten you an option to buy fuckton of shares at e.g. 25$.

 

[Puscifer]

The whole Gamestop/AMC thing was definately the dumbest thing from the pandemic.

How so? It exposed to even the most layman that corporations try to stop the average person from becoming wealthy the way they do. Pumping and dumping stocks is classic but once the average person realized in groups they could do the same effect execs formed like Voltron to stop it. What Robinhood and others did was flatout illegal

 

[Buggy Loop]

STILL HOLDING

 

[Danknugz]

you might get lucky, you might get wrecked. feels staged to me, i'm not biting, rip to those who bought outs on the spike yesterday.

 

[KaiserBecks]

It's nothing to do with the shorts they aren't covering.

Mechanically this is a gamma squeeze.

I don’t know anything about stocks but covering shorts and gamma squeezes make me feel like you guys are talking about a UFC fight.

 

[Kilau]

What about this time makes you think it's the real deal?

Oh, it's the real deal alright.

Real fucking stupid.

 

[Badlucktroll]

SHOW ME THE TENDIES

 

[cinnamonandgravy]

$10k/share guarantendies

 

[tmlDan]

 

[EverydayBeast]

GameStop store in Raleigh shutting down after smash-and-grab

GAME OVER: The closure puts a spotlight once again on a business that's been a target in the smash-and-grab epidemic across Memphis.

www.fox13memphis.com

GameStop today communicates through plushies and action figure they don’t have retro consoles, bins of games, and they’re always pushing a pre order theme without the midnight launch.

 

[Danknugz]

watch it trade sideways the next 2-3 months to bleed out all the options

 

[IntentionalPun]

The real deal? lol

 

[poppabk]

How so? It exposed to even the most layman that corporations try to stop the average person from becoming wealthy the way they do. Pumping and dumping stocks is classic but once the average person realized in groups they could do the same effect execs formed like Voltron to stop it. What Robinhood and others did was flatout illegal

It's interesting that people didn't realize, perhaps refuse to still realize, that the entire market operates like this.
Sucks for people who think this could be 'the real deal' but it really exposed to the layman how the stock market is basically people 'agreeing' that something is worth 'x' and then when they think they can get away with it, deciding it is worth 'y'.

 

[OuterLimits]

The whole Gamestop/AMC thing was definately the dumbest thing from the pandemic.

Perhaps on an parallel Earth where some people driving alone in their car while wearing a mask did no occur. Sadly, there were many things way more dumb occurring than Gamestop/AMC

 

[poppabk]

Perhaps on an parallel Earth where some people driving alone in their car while wearing a mask did no occur. Sadly, there were many things way more dumb occurring than Gamestop/AMC

That is your dumbest thing - someone so used to wearing a mask they forgot to take it off.
Not, I don't know, a woman trying to stick metal to the secret government magnets in the vaccine - while testifying in a state court - and failing because she finally took a shower?

 

[alphachino]

The real deal? lol

Got something useful to say or are you just going to sit there at the back of the class acting the fool?

 

[OuterLimits]

That is your dumbest thing - someone so used to wearing a mask they forgot to take it off.
Not, I don't know, a woman trying to stick metal to the secret government magnets in the vaccine - while testifying in a state court - and failing because she finally took a shower?

Oh I agree that is another good example. Another good one is people gathering in large crowds to protest and set buildings on fire in numerous cities 8 months into a pandemic before the vaccine you mentioned was even available.

 

[Silver Wattle]

I think John Cena posted a diamond hands pic in the last few days.

He did on Instagram:

John Cena on Instagram

52K likes, 1,049 comments - johncena on May 14, 2024

www.instagram.com

 

[poppabk]

Oh I agree that is another good example. Another good one is people gathering in large crowds to protest and set buildings on fire in numerous cities 8 months into a pandemic before the vaccine you mentioned was even available.

Sure were some crazy times. Gamestop wasn't even a blip, and was actually not even dumb - it was very clever for everyone who understood it wouldn't last forever.