/smg/ Stock Market General

GME short interest at 120% of float with 16 days to cover edition

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thinking of putting 30k into GME tomorrow bros

I told you

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FUCKING GAMESTOP

doesnt matter how you feel. im correct
ive been around a long time with cryptocoins back in the day where the term originated

a suicide stack literally is failing to buy a coin when people told you it was going to moon and you missed out so you buy just enough just incase

Join us

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After the SHLL merger should I use my gains to buy more CCXX? I heard there merger is October 7th. My new investment strategy is buy SPACs and then sell on the day of merger.

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DO IT
buy a 50/50 split of STONKS and the highest delta call options you can get a hold of

>what's a "greater fool"?

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its tempting
i might just do it

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AAAAAAAAAA THE RUG PULLIEST RUG PULL THAT EVER RUG PULLED IT'S OVER TSLA IS FINISHED FOREVER DELIST THIS

Who else bought puts on TSLA?

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Dump tsla now or hold for rebound?

>GME short interest at 120% of float with 16 days to cover edition
What does this mean? They gotta pay up in 16 days? lol

Always sell low.

>bought tesla at 480
>bought ibio at 3.80 and averaged down to 2.65
>sold uec for slight loss to fomo into gme at 10.75 this morning.

Fuck

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Thank you for your service. The squeeze needs more soldiers.

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just expect like -15% swings from the start because this is volatile as fuck.
But like it has a price-to-sales ratio around 0.15, it can't get much lower anymore. Value trading is retarded but it definitely is comforting to know it's still a value pick under all the speculation and console hype.

good job fren

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how does one get into this without getting btfo?

I'm holding user. I have 5 shares at average of 480. Im hoping it crabs a bit so i can buy more eventually. Although I'm starting to think maybe I need to buy at least 200 more shares of gamestop

Just don't buy till around 10-1030. Shits always crazy the first 30 minutes and expect volatility.

1.2x the outstanding shares that CAN be bought (many shares are held by insiders, or index funds/institutions which either cant really sell or have filing etc. requirements) have been sold short, and the short sellers have 16 days to a margin call

I bought popcorn to see the pinkening, knowing elon is a reverse steve jobs I knew this shit would dump in some way.

>I need to buy at least 200 more shares of gamestop
You're going to crash GME.

You are wrong retard. And if what you say is true, you have been wrong and retarded for a long time.

ty fren

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what are your favorite stocks to sell premium on?

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covered calls or iron condors in low volatility environment

Now is a terrible time

I can’t wait for you to coom with us user

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Is that MF Doom holding mac & cheese? Holy based

some hedge fund(s) shorted the entire float (the non-insider shares in the market) and is paying 50% interest rate on their shorts. They have to buy back eventually because they borrowed those shares from someone else (short selling).

institution ownership of GME shares is like 150% because of short selling shenanigans (e.g. Institution A lends to short seller who sells it to institution B who then lends it to another short seller).

What a puny little man.

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sell put options in companies you actually want to hold shares in

>crash
every buy increases how fuarked the shorts are
it's not even greater fool investing, its fuck the shorts investing

Everything I touch turns to shit.

Should i got all in on rlfrf or all in in gamestop?

Yo, what the fuck is up with CORR? Why is it being shilled?

Yessir

This guy coomed so hard his coom flew over my house

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so what does that mean. Seems like it means they have their hands tied and it just goes up while they watch their investment get fucked.

>the car is usually the worst prize on the bonus round wheel
has it always been this way? what is sajak's endgame?

wanna have a strawpoll
im correct

a suicide stack is a mitigation to commiting suicide if you miss the next bitcoin or etherum or whatever

so you buy a littttttle bit

45 million shares have to buy back eventually. If there's a shareholder vote, they can also be forced to cover (buy back the shares they borrowed) by the institutions who want to vote.

I dunno if Cohen really plans to do a tender offer though.

Do you mean before or after the merger?

personally i sell credit spreads that are retardedly OTM for p-nut gainz. Then I dump my profits in SPY partial shares and rinse, lather, repeat. Other user is right, i won't say it's a terrible time but it can be a difficult time, but the trades are out there.

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the day of merger isn't always the pump day, it took DKNG a week or 2 before it really mooned

Move over Tesla
Gme is now the millionaire maker stock

very, very far OTM but yes, every time it drops my smile gets just a little bit bigger. Hoping to open below $380.

also this.

GME is so comfy. I wish I didn't have some sort of boomer autistic retardation that makes me too worried to put more than 20% of my folio into one bag.

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That's an ANTI-SUICIDE stack. What you describe mitigates suicidal feelings, it doesn't engender them like the name SUICIDE stack implies.

So, how do we capitalize on this right now at nearly 11/share and the stock is up over 100% in the past month or so?

It seems most gains have already been eaten up and the if the shorts are institutions they will just wait out retail. Cohen seems like a wild card, we don't really know what his plan is.

bought another 180 shares of GME because fuck it.

Covered calls and cash-secured puts on high-volatility meme stocks. It could move against you and you still just break even or worst-case miss out on some profit. Example:

Stock price is $0.90.
Buy 100 shares and sell $1.00 covered calls expiring this week for $0.50.
The stock closes Friday at $1.10 and you're assigned to sell for $1.00.
Wow you still profited $0.60 per share because YOLOers thinking it could go up to $10.00 drove up the price of options.

>TRUMP BANS COMMUNISM

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alright frens. i realized that i truly am a retard for owning 0 shares of GME. give it to me straight. has this 'tard missed the train or should i market buy this bitch at open and never look back?

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Don’t sleep on stacking comfy utilities. NEEtard here

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I thought a suicide stack was when you put so much down that if you lose it you anhero.

Is everyone ready for a raging bull market recovery tomorrow? I hope you loaded up today, because things are going to happen real fast in the morning. There might even be some huge gaps up before open. Tomorrow is going to be so FUCKING GREEN. There is no stoping this!

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Imagine being the guy that detonates the infinite GME squeeze just after buying. dont miss on the chance of the cooming of your life anons

Wow. This is possibly the most BASED thing he's ever done.

That is what it means. This retard is just having a conniption fit because he is wrong.

Buy at open, $13 EOD

When are you going to pay your loans for a farm you do nothing with or is your grand pappy bailing you out? Also your drilling business is a joke and laughable. You’re going to get BTFO.

The train is cooming boys, don't miss it.

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maybe if you guys changed the definition over time

ive been around a long time a suicide stack is LITERALLY a small stack to prevent you from comiting suicide when you miss the moon landing

nobody has ever used the term "anti-suicide stack" that term doesnt exist

your example is technically correct but in the real world its unlikely you'll get $0.50 premi for a $1 strike on any stock worth trading and the liquidity is often trash

Someone redpill me on SHLL/Hyliion. Are all the gains gone? It's gone up like 50% in the last month.

Alternatively, the stock price goes to $0.40. You keep the whole premium and just lowered your cost basis.

When I hear that I just think that someone yolos and goes all in on something and just plans to suicide if it doesn't work out.

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

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Rural retard here, how do i make this into soup?

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Don’t do that Wait for a dip

fuck it

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First aapl now tesla

Whats happening bros

i guess it sounds like that if you never got the proper contexts of when we had pump and dump coins hundreds a day back in like 2013

This guy is right.
>source crypto

Suicide stack is smallest stack you can get so it satisfies fomo just enough, usually happens after initial mooning.

Friend, USUALLY it spikes at open and then goes down a bit afterwords.
I can't say that it will do that with 100% certainty, but perhaps you should simply time it tomorrow?

checked and pocketpilled

>the term "anti-suicide stack" that term doesnt exist
It does now and is a more apt term for your old definition of suicide stack.

>he thinks were gonna dip

20% gap up tomorrow again confirmed

It's over.

What's your sell off point coomfriend?

I expect it to pump to 60-75 when they officially merge and get the new ticker, and that's when I'll be selling... but that's just one retard's opinion.

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