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Posts posted by 936horn
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Ok you convinced me I’m all in holding over the weekend baby fuck it Steve Cohen and Gabe Plotkin can pry these shares from my cold dead hands
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With all the fuckery that has already occurred and potential more on the horizon I am quite puckered at the thought of holding over the weekend. I know, I am a pussy
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RH and other brokers saying they'll allow trading tomorrow (now that they let their hedge fund buddies cover their positions at more reasonable prices). It's about to touch 300 AH and I am right back in it. Tomorrow is gonna be absolutely wild. No doubt the institutional guys will be on the long side now as well. I expect them to ride it up then drive it right back down and profit on both sides. Will have to be careful to not get caught holding the bag tomorrow.
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Just now, BradInATX said:
Didn't it blow up after hours yesterday then get killed in premarket today?
Other way around
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2 minutes ago, cam4mav said:
After todays open surge and subsequent price beat down on gme with buying restrictions....
My assumption is that it will continue to rally afterhours like yesterday. Then maybe do the same open surge followed by systematic beat down? It dropped $180 in one hour this morning.
These hedge funds are not going to get to the point of these short options coming due without a kicking screaming fuckery fight right? The man will try and get his however they can.
So..... what is the downside to selling tonight/tomorrow morning IF that repeats, then be ready to buy back in full force anticipating another manufactured dip.
Just for example. I've got 8 @ 235
If it hits 350 i have a sell order. not really likely but I also have faith in the internets overnight fuck you energy over this shit with robinhood. Along with the powers that be beating the shit back down if it raises up again.
Buy again at 125-200 assuming it repeats.
Assuming that's what happens, what's the negative? Obviously there's 2 ways that it goes tits up (wasted opp selling early or it tanks)
Is it just recycled gains used to further fuck them up? Pocket some cash and reposition to further cash once the squeeze really starts?
Most of this is cloud high level thoughts based on twitter/reddit/here so yeah what could go wrong. fuckem
All of this so far has been price competition (up and down) before the real fun begins as the shorts become due.... right?
Exactly what I am doing now. Going to swing trade whatever I can until merrill locks me out again I guess.
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2 hours ago, fattyflattie said:
So they screwed that dude over for more than a million. Yeah, that's guillotine shit.
I would imagine he got margin called since every broker doubled (or more) the margin reqs for GME and a few others. They for sure dicked him by covering at the very bottom.
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Merrill is letting me buy in AH. Fuck em tossing a few K back on it.
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Just now, PenelopeWitherspoon said:
I know that. But there has to be a way to infer what the positions are, yes?
They lay them out
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Who knows if it's real but if it is buckle up buckaroos
https://www.reddit.com/r/ClassActionRobinHood/comments/l723kf/robinhood_insider_information/
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4 minutes ago, 52-80 said:
uhhhh...
https://twitter.com/3halflings/status/1354865504872255503/photo/1
(of course, he couldl be leveraged to the tits with other losing positions getting margined)
Holy fook
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1 minute ago, TonyTexas said:
What SEC rule did they violate?
Do you believe disallowing buy orders from retail to prevent further price run up is legal?
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Just now, hayden_horn said:
i'm watching cnbc, and holy shit at these stock market wonks talking about business fundamentals.
it's not about fucking gamestop. that's what they don't understand.
it's about wall street overleveraging, taking a bad gamble and they should be losing. instead, they've fixed the game.
They absolutely understand, they are trying to steer the narrative a certain way.
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Just now, hayden_horn said:
they did not deplatform the stock. they restriction one way trading of a stock.
that's unbelievable, and i cannot believe it is even legal.
It's not, but nothing will come of it from a legal standpoint besides nominal penalties
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2 minutes ago, Bone3421 said:24 minutes ago, Wally Fairway said:Just realize that the battle in GME today is really about what happens tomorrow; there are a ton of calls that will be ITM at $300, the more they (whoever they really are) can knock it down the smaller the problem is on Monday to cover the 1/29 option expiry.
IMO everything under $150+/- will be ITM, and that already creates another squeeze at Monday's open.Or since nobody can buy they will just time their attacks at close today and tomorrow to kill the gamma squeeze and in turn the short squeeze
Absolutely. Price creeping up now but I am waiting for the power hour dump
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Just now, 52-80 said:
i've read and seen elsewhere small time retail contemplating putting on shorts because they don't understand the GME phenomenon.
what i think might be very inevitable, but very sad and funny at the same time, is if the "institutions" continue this attack and violently shake the price so that they gradually slip out of their short position, and have it replaced by retailers (who are emboldened by the swing action)......
...so basically they all get out of the back door (atleast with a big piece of bruising)... and leave retail investors hanging on both the short AND the long end. basically all of main st becomes bagholder, regardless of stock sentiment.
that would be fucking dark blackmirror shit
I have no doubt the action we are seeing now was a shorts driving down to $100 then the same funds buying to cover and driving the price back up. I agree that retail will be caught with both the short and long bags here. Basically every retail brokerage is still restricting new buy orders on GME
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2 minutes ago, BradInATX said:
I don't own any GME anymore and I made money on it, but this shit is criminal and nothing is going to happen. Just astounding. Land of the free, as long as you're rich and connected.
Not just rich. Plenty of people on this board are rich. None of us are in the club that you are referencing though. This is the Gabe Plotkin, $300mm bonus LAST YEAR level guys.
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As soon as I saw Merrill's notice I cashed out. I am so mad, I truly believe in the squeeze and had a not insignificant position. I still made out nicely at $350 per or whatever, but this is blatant market manipulation. And the worst part is NOTHING will happen. Melvin, Citadel, Point72, they all win. Again.
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Merrill. Fucking horseshit
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I honestly believe all this fuckery by the funds/RH has galvanized the longs. GME is literally about to rocket past 500. They done fucked up
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1 hour ago, DonkeyCigars said:
Here is what I believe. Now that the powers that be are alerted to this Nat Turner rebellion of the unwashed masses, the status quo is going to move quickly to put snuff this out. The shorts will be cajoled by their peers to settle if need be, but what I think is more likely is the WSB army will not be able to diamond hands. Too much money is going to have been made and they will fall apart and it's going to crash faster than it's run up. This is not investment advice, but I'm shorting left, right and center on this one.
Maybe I'm just a pessimist at heart, though. I really am enjoying witnessing this whole thing. And I guess it's just as likely to shoot to $1000 as it is to fall to $30.
Why? Other funds have incentive to go long and crush at least one competing fund. Why help bail them out now?
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19 minutes ago, Zwylde said:
I just can’t fathom the fallout if the Gov’t bails this out.
Totally agree but I can also sadly see it happening. Same as it ever was.
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4 minutes ago, Anastasis said:
I'd cash out 30MM and ask posters here what to do with the rest.
Is there a record of his trading activity on GME?
He has posted consistently about GME since Sep 2019. He was laughed off the boards for a year +. To save you the scrolling, he has been long since 2019. He had some Jan Calls that went bank obviously, but he has been balls deep long since $3 or whatever. The Jan calls hit so perfectly on the price run up that's legit why I say he's a time traveler. His calls expired last Friday during the first big run up for the stock.
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Just now, hayden_horn said:
i think i would be completely out, maybe? i don't even know what i would do with that kind of money in my account. would you need to hire someone to protect that kind of money?
So would I, but that's why I'll never turn 53k into 48mm on GME
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2 minutes ago, Anastasis said:
He got rid of 300 calls today and 200 yesterday. His initial position was Jan 21 like $10 calls that he hit the first few mil on last week. Insanity.
Surly #Stonks
in 6th Street Journal
Posted
Oh yeah almost forgot 🚀🚀🚀🚀