That is not hyperbole. Money isn't just paper used to buy cocaine and hookers. It is a physical representation of a portion of a man's life. Make $50,000 a year in a soul sucking desk job? Taking a $50,000 position on $GME is risking a year off your life to fight this good fight. The amount of years so many of you are willing to put on the line is an amazing testament to how dedicated this sub is to fucking these bastards raw. The bastards who steal thousands of years off the regular man's lives every single day. You're fighting the good fight, and your sacrifices will not be forgotten. 💎🙌🏻🚀🌕
Thinking of throwing a milly into $GME and show the suits that WSB is united for a cause and it's not about money. but I got some questions first:
Did the short squeeze already happen or not? I'm thinking of putting a milly into $GME
Other question, what is the short interest on $GME right now?
and a final one, where can I see what options (american or european) and when do they expire?
EDIT: Proof of the almost milly: https://imgur.com/oQMG9Mk
Obligatory I’m not a financial advisor this is not blah blah blah.
Okay GME gang. We’ve got the shorts on the ropes. They’re bleeding hard and all the billionaire suits are shitting themselves out of fear. They’ve tried false information, getting on CNBC and screaming for regulation of our “market manipulation,” trying to get us shut down, Biden administration tweet, saying shorts have already covered, etc. None of it has worked so far and they’re still bleeding money.
Now they’re truly desperate. What’s something they haven’t tried quite yet but very well could be setting up to do?
Yes, that’s right. I believe with what I’m currently seeing, they are going to crash the market and blame it on us. Do I think you need to be concerned about GME? No, because holding it should still work and they still have to cover anyway, but this is definitely to try to get you scared and sell GME and so they can take your money back when you reinvest elsewhere.
I don’t think I have to tell many of you that the current levels are at/above where the market was valued in 2008 before the crash according to the Buffet indicator. All this says is that we’re probably in a market bubble, and it’s been at these levels for months now. But guess what just started getting talked about by all the suits? That’s right. A bubble. And who are they blaming? Us.
Now that I have your attention, let’s look at a few other things.
This is the Volatility Index the past week. Notice how it’s been steadily rising and suddenly spiked today? 40 is typically the resistance before the market makes a downturn. If this thing gets above that we’ll probably be seeing the market dropping quickly.
Additionally, there the spurts of high volume absolutely dumping stocks for short amounts of time. That’s one of the first things I noticed before the March crash and I’ve been seeing it get more and more abundant the last few weeks and picking up a lot today. Notice the large red volume candles on the weekly SPY chart. (Robinhood screenshot on a DD post??? Yes, I know. I’m on my phone with limited time. Deal with it lol.)
Now you might say, “it’s earnings season and there have been some bad earnings so far and that’s expected in this tough time.” Well yes, but there’s the Apple earnings today. They beat earnings pretty nicely and what did the stock do? You guessed it (I hope).
Currently we’re se... keep reading on reddit ➡
This is not financial advice
I hope this won't get deleted and this becomes somewhat of a beacon to all 🧻✋s
I was in GME since November, I first bought in around $16, I even 💎✋ when we experienced the post earnings drop to $12 and double down to decrease my cost basis
I believed in the thesis I had conviction.
But as soon as we jumped to the 30s I started to slowly liquidated and take some off the table. I did this all the way up until my last share at around $250.
I was extremely happy for my gains I turned 4k into 20k more money then I ever had in my brokerage. But I sold because I was worried.
See the thing is I am going through the process of quiting my job. I was a correctional officer and working conditions have deteriorated beyond anything acceptable.
I was going to take my retirement and use it to thetagang to support my family and myself while I try to grow my candle business
I have a mortgage, a wife, her boyfriend, and their 2 beautiful children I need to take care of
And the 20k I made would be extremely helpful in making sure we can make this work!
I was gonna take my gains and run
But something changed, that something happened today.
See I always loved the idea of sticking it to the man via GME but it didn't really hit me how important this was until today.
They fought back today and they did it through playing unfair.
This is no longer about the gains, this is no longer about my family, this is bigger than us
This is about class disparity, the wealthy versus the poor, or the common man/woman.
Tomorrow I'm going back in, and I don't care if it goes to 0 and I lose my money
There comes moments in life where you have to go beyond your own self interest but to benefit the collective and fight for the cause.
This is the retarded form of jumping onto a grenade to save others (but this could still have the potential of making you filthy rich)
I hope all 🧻✋s who hopped out decide to hop back in with this is mind, don't even think about the tendies think about what's right!
EDIT: Much love and thanks for everyone who is supportive and willing to go back in, I just wanted to say this so people realize how powerful this movement is, I had a fellow autist reach out to me who was underage and can't buy any shares because of that, he/she literally offered to send me money to buy on their behalf. Understand how powerful this truly is! P.S. I'm not taking the kids money but I did say I'll buy him/her a share and if it sq... keep reading on reddit ➡
We all know that for BB, the scheme RobbingYou and others hatched on Wednesday night was to save their own asses by restricting trades on BB and others to get very profitable weekly calls to expire worthless, to help reduce their huge exposure. They've admitted as much on television.
This was a decision they knew would cost investors, including their "customers" huge money. I personally lost 1.1 mill in gains between Wed and today, but still I 💎✋💎✋
Many of us on Wednesday had options purchased weeks or months before, some just a few days earlier that were beautifully profitable --- which by Thursday morning were well on their way to being worthless because of these criminals.
No one denies that FD's and 3DTEs are risky, but it was never on the menu that these guys would change the rules to steal from us like that.
For those of you with those weekly calls over 15 strike. RIP, will never forget this bullshit maneuver. Our fallen comrades, we shall redeem tendies in your name.
Learn from this and we will grow stronger. Let this pain help you form 💎✋💎✋💎✋ because no one with 🧻✋ is allowed on the 🚀🚀🚀🌛
Feel free to share your expired weekly positions and how much they were worth on Wednesday close.
Note that BB is NOT a short squeeze, just a popular stock here because the company is on the cusp of going full throttle on its phenomenal decade long turnaround from hardware to software. Trading volume has been huge on green days because we like the stock, but the price rises for a small/mid cap have been at most 30 to 40% and usually far less.
I don't think I'm advising anything above. I am beyond super-long BB but don't fucking take advice from me, idiot. Do your own DD.