GameStop - GME - Share Chat

I believe WSB subreddit went back to its roots to discuss other Investments etc rather than specifically focus on GME.

/r/superstonk is the subreddit that focuses on GME anyway

Far from the end of the road :roll_eyes:

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Hello Motley Fool is that you?

Have you also got “5 Surging Stocks That Will Soon Soar” tips for me? :stuck_out_tongue:

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People believe all sorts of crap they read these days.

Also crypto is banned on WSB, even the word bitcoin is forbidden so this article doesn’t hold up.

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hello 200

0.8% to the moon.

To the moon

Breaking the $200 barrier again was a significant hurdle, so it is nice to see. In one of my earlier posts here I mentioned that being a bit of a magic number that bodes really well if it holds and pushes further. At the very least, a cycle of bobbing up and down between ~$100 and ~$200 every few months is great for nibbling off a good bit of realised profit now and then without having to part with much at all (I know diamond-hands aren’t supposed to let go of even a fraction, but if you’re a bit flexible it’s all looking pretty sound at the moment if you’ve been in it for the long haul)

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So, if the public float of GME is 57M shares, the volume of today’s trades was 5.86M according to Google Finance. That means 10% of the possible shorting could have been covered today alone without the price going especially high.

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https://nft.gamestop.com/

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https://gme.crazyawesomecompany.com/

This tracks the shorted amount daily. Still shorting = not covering. Also remember that most of their short positions were opened at much lower prices so covering here would be veeeery expensive.

(edited for clarity)

That says 62.2% shorted. I thought it was supposed to be over 100%.

That means 62.2% of that days trades were sold short. Nothing to do with the overall short percentage

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https://nft.gamestop.com/runner.html

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You mean if every single trade was a cover for a short and the price increased by 16% without any buying pressure whatsoever?

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They’re trolling you my man, leave these forums be. These guys are on a GME specific thread just to piss on the bonfire.

There is no reasoning with them, they’re motley fool, mad money’s audience, GmE iS bRiCK aND MortAr iT’s DeAd type of people you know.

I mean it’s not like Gamestop just got into the NFT game, or that when you click the dot on the website a game launches with a cat (roaring kitty) in a banana suit(reference to apes) jumping over rockets on the moon. I mean it’s not like it looks like a crypto dividend may soon be introduced to shake out the shorties.

Nah man, this company paid off it’s debt, poached top tier talent from other very BIG companies and has pivotted into the digital space as a tech company
yeah, leave the trolls here be.

You can lead a horse to water


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You’re undoubtedly right. My aim isn’t to convince the trolls though, it isn’t to convince anyone. Just to provide some juxtaposition. I had been questioning the motives of some that post here but I see from recent comments that this is based in ignorance as opposed to malice.

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Honestly yes. If I had to cover as many shorts as you guys think these guys need to cover, I’d be slowly buying them up like this so that the price didn’t rise too much. The fact that normal people can buy shares at this time too gives some indication that they don’t consider the situation that urgent yet.

You make it sound as if it is a privilege that us ‘normal’ people are able to buy stock floated on the general market. Furthermore, it might only be deemed a concern when there is total market manipulation and we are no longer allowed to buy shares. Lightening doesn’t strike twice but I do believe there will be more underhand tactics in this saga

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Is that really how you interpreted it? I think that says more about your opinions.

My point is that it’s possible to buy shares and they don’t feel exactly scarce. If I wanted to buy a lot, I’d do it slowly and at only just above market rate, so that the price didn’t rise and keep doing it until I’d covered the position.

My point is that if I, as a retail investor and a fairly clueless one at that, can easily buy shares on the normal markets, I’m sure a professional investor with access to many more methods of buying is also able to buy some.

And if there are close to 6 million shares being traded daily, and I desperately needed them and thought the price could be forced higher, I wouldn’t just be watching them all go by, I’d be buying as many as I could at the current price.