GameStop - GME - Share Chat

I’m not sure you’ve ever worried about offending anyone.

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I apologised to my boss today

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Ortex CTB average around 250% premarket. Could be some major moves today

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Total return swaps

Illusive
Mysterious
Stupid

I received this from SWS today. I think I’m gonna sick to my assumption that shorts still haven’t covered personally.

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Yeah, that seems legit. :joy:

Maybe they’ve taken stock split into account :stuck_out_tongue:

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Haha. Indeed. Maybe they’ve just written what their ultimate boss told them to write. Maybe someone who has huge short exposure.

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Possibly expecting a big drop to around $40 before another big rip. I know what I’m doing.

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Scrap that - spicy new tweet from Ryan Cohen. Bull signal? https://twitter.com/ryancohen/status/1526179671192309760

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Sooo, Melvin Capital is gone?

https://www.bloomberg.com/news/articles/2022-05-18/gabe-plotkin-s-melvin-capital-to-wind-down-funds-after-losses

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Next hedge plz.

Who got shorts hidden in total return swaps?

RICO me harder.

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What impact will Melvin’s demise have? Do they still have open positions on GME and what happens if they default?

If its done through total return swaps we need to wait and see.

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The cost to borrow GME shares is rocketing. Buckle up.

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100-300% cost to borrow**.

Let’s see what happens when collateral collapses.

Edit: *not short interest **

Where do you get that from? I see ~23% when I search

Yesterday

Ibkr showing 104% aprox

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That’s not the short interest, short interest is the percentage of the float that is currently sold short, 424K is not the float

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