This is Matayoshi Son. He lost billions of dollars on WeWork that he made back by gamma squeezing the TSLA options chain and dumping on dumb hedgies and robinzoomers. Say something nice about him.
moxreports.com/kbio-infinity-squeeze/ >In November 2015, “Pharma Bro” Martin Shkreli orchestrated a violent short squeeze on failed biotech KaloBios that caused its share price to rise by a staggering 10,000% in just five trading days. please please please i hope gamestop is as evil as i think they are and they want to go out with a bang before getting bought up for their brand alone and majority of their stores getting closed.
all the developments now look like it was setting up for one massive fuck you to idiot short sellers this entire time. >The KBIO infinity squeeze is most memorable for retail trader Joe Campbell who launched a GoFundMe campaign to help pay for his personal trading losses which he suffered as a result of having a fairly small short position in KBIO. Not only did the $37,000 in his E-trade account go to zero, but Campbell was left owing E-trade an additional $106,000 in addition.
Do we really need a positive catalyst at this point when borrowing fees are like 30% APR now? Ticking time bomb and short interest is still around 100% for some crazy reason.
David James
>You did well the past couple days, Son-san. Continue the dump on Tuesday.
he's real he's interesting he's sort of like Elon Musk where he doesn't really know how these cutting edge technologies work, but he works very hard to channel money to them I hope that someday they write good books about this dude
I will sleep ;)
Jose Ortiz
>The KBIO infinity squeeze is most memorable for retail trader Joe Campbell who launched a GoFundMe campaign to help pay for his personal trading losses which he suffered as a result of having a fairly small short position in KBIO. Not only did the $37,000 in his E-trade account go to zero, but Campbell was left owing E-trade an additional $106,000 in addition. oof
Where did/do you guys learn trading? Any recommended books/YT channels/websites or whatever?
Austin Rogers
all GME has to do is announce a share buyback and it's RIP for all these short sellers. Share buybacks would fuck up their liquidity short-term but they'd make bank on the blood of idiot retail. Or are they not allowed to do that because it's fraud/manipulation?
short interest ratio of fucking 15, don't even have to try and time the top, a buncha idiots will probably FOMO in and think GME is actually going up based on fundamentals. You'd have thought the small squeeze on Monday and Tuesday would have decreased the amount of shorts by a lot, no, it's stayed steady primed to be popped hard. Unless this free info is delayed shit.
>Unless this free info is delayed shit. Suspect that. Noticed it on some other stock and the info seemed to stay the same for days. Gace me the vibe that the two sites i checked werent giving accurate information.
Aiden Campbell
Based, I'll check this guy out thanks
Ian Howard
We don't know what the fuck we are doing honestly. All of us just yolo on weeklies and then cry on a anime image board when they expire worthless Then we are back on monday.
If I went from $110k to $60k in the past 2 days because I panic sold my October tech calls, how the fuck do I recover from this? I'm really scared of options now.. but I also can't live with the fact that I'll need years to recover back to $110k if I do boomer shit like SPY for 8% YOY returns.
Yup learn to enjoy your career and grow your salary
Liam Hall
>Just sell out of the money calls. High enough they expire worthless but close enough to earn a premium. Takes some practice but good source of income. So I set it to a silly optimistic price, like aapl at $160 in 2 weeks, then in 2 weeks I just make money as long as it doesn't get to it's absurd goal?
And if it gets to it's absurd goal, I just get that absurd price for my shares, and buy back in on the inevitable dip from the absurd?
Blake Rodriguez
Watch the value investing stuff and basics on stocks but I wouldn't recommend his latest videos. I remember watching him interviewing some hysterical boomer investor in March or April who thought the world was ending and stocks were going to 0 and he failed to inject any rationality into the said boomer doomer. Imagine discouring people from investing in early April.
It's just a video game. It's not real.
Ryan Jones
I sell 10 on SOXL every month. Easiest money ever and IV is so high premium for far OTM calls is still pretty decent. Some months like this one I get lucky and can roll down for even more premium
Look up TNA YOLO it all in cash secured puts, a couple dollars OTM and wait till expiration got assigned? sell covered calls till excercised and go back to selling puts ITS THAT EASY
Daniel Gonzalez
If you're buying calls, it's because you think the market is going up. So wait for the market to start going back up and buy more calls. You could also buy puts if you think we're going down. Iron Condors/flies if you think crab-17 is engaged, etc. >??? >Profit!
Jason Jones
Aggressive Boomer Strats are the only thing that will save you now.
you should literally sell tech stocks that went parabolic on tuesday open. t. someone who works at a fund that couldn't offload on friday
James Kelly
he knows that. he's trying to cope. he's got a place to live, food, water, probably lives in a half-decent country, and 60k extra. And he thinks he ruined his life.
Evan Garcia
60k is still lots of money to lots of people. Get your shit together
jesus I've only been doing it 3 months and made 7k and went back to 2k and I learned my mistake of only ever buying calls but even I know to hold onto my late september calls.. you'll at least make some money back if not break even due to the added value other than the price itself.. jesus dude I hope when I have a portfolio that fucking big I aren't still a big retard like I am now
