Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

GameStop (GME) - Greatest Short Squeeze in History may be starting now - The Media tried to cover for the HedgeFunds (Vanity)
Uncle Bruce on Youtube ^ | 3-6-2021 | Uncle Bruce

Posted on 03/08/2021 12:49:45 PM PST by Democrats hate too much

The media is not talking about it too much right now, but it appears we may be starting the greatest Short Squeeze in history.



There are only about 70 million shares where about 20 million are insiders. Reports say that on Friday Institutions reported owning about 125 million shares. That does not include retail and does not include insiders.

https://www.youtube.com/watch?v=mY_sk907MYg


TOPICS: Business/Economy; Society
KEYWORDS: counterfeitshares; diamondhandsvsds; gamestop; gme; nakedshares; short; squeeze
Navigation: use the links below to view more comments.
first previous 1-2021-38 last
To: Little Ray

Laws just apply to the proles and kulaks. Not the megarich.


21 posted on 03/08/2021 1:34:56 PM PST by PAR35
[ Post Reply | Private Reply | To 3 | View Replies]

To: Little Ray

Yes. Buy put options on GME, with a strike price at the money and a fairly long exercise date. After the short squeeze runs its course, the stock price will fall dramatically just as it did last month. Just an example,, not telling you to do it. There is always risk involved..


22 posted on 03/08/2021 1:36:14 PM PST by hinckley buzzard (resist the narrative)
[ Post Reply | Private Reply | To 5 | View Replies]

To: urbanpovertylawcenter

Biden I expect will wreck it for the small non hedgie investor. Too big to fail and we are too small to succeed!


I agree, but it is fun being a hemorrhoid to the big boys. Sometimes it is fun to punch a bully in the nose. In this case - twice!

A bunch of Daveys putting Goliath down.


23 posted on 03/08/2021 1:36:31 PM PST by Dacula
[ Post Reply | Private Reply | To 18 | View Replies]

To: Presbyterian Reporter

I don’t think the hedge funds ever covered, I think they kept shorting at higher and higher prices hoping to outlast the retail investors


24 posted on 03/08/2021 1:40:58 PM PST by PMAS (Vote with your wallets, there are 80 million of us - No Amazon, No Chy-Na made )
[ Post Reply | Private Reply | To 20 | View Replies]

To: PMAS

“””I don’t think the hedge funds ever covered, I think they kept shorting at higher and higher prices hoping to outlast the retail investors”””


Good point. I had not considered this.


25 posted on 03/08/2021 1:48:22 PM PST by Presbyterian Reporter
[ Post Reply | Private Reply | To 24 | View Replies]

To: Democrats hate too much

Uncle is talking above his paygrade.


26 posted on 03/08/2021 2:00:50 PM PST by TexasGator (Z1z)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Democrats hate too much

Hmmmm. That’s interesting.


27 posted on 03/08/2021 2:02:42 PM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
[ Post Reply | Private Reply | To 16 | View Replies]

To: hinckley buzzard

” Then the broker calls and tells you you need to buy the stock back so he can replace it where he got it from. That’s known as a margin call.”

You don’t have to buy back with a margin call. If you don’t satisfy the margin call the broker can buy or sell your assets to satisfy margin requirements.


28 posted on 03/08/2021 2:06:46 PM PST by TexasGator (Z1z)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Little Ray

Laws are for the little people.


29 posted on 03/08/2021 2:22:49 PM PST by BiteYourSelf ( Earth first we'll strip mine the other planets later.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: usconservative

Congrats!


30 posted on 03/08/2021 2:25:17 PM PST by avenir
[ Post Reply | Private Reply | To 8 | View Replies]

To: Democrats hate too much
I'm in for 9 shares.


31 posted on 03/08/2021 2:46:07 PM PST by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Democrats hate too much

Bought my two little shares two weeks ago just to be part of the fun.


32 posted on 03/08/2021 4:51:38 PM PST by hemogoblin (I was a doubter, but Donald Trump has never, EVER let me down)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Little Ray
Any way I could learn this?

REDDIT. That's where I went and learned. :-)

33 posted on 03/08/2021 7:18:34 PM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
[ Post Reply | Private Reply | To 9 | View Replies]

To: hemogoblin
Bought my two little shares two weeks ago just to be part of the fun.

Congratulations! Every bit helps stick it to the man. :-)

34 posted on 03/08/2021 7:19:26 PM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
[ Post Reply | Private Reply | To 32 | View Replies]

To: Dacula

The Blockbuster comparison is because some people think streaming downloads will replace the need for physical game cartridges.

The different between the two is that blockbuster was just an outlet to stop at on the way home from work. Game Stop is a community where mom and drop the kids while she goes shopping and the nerds and game geeks can gather at night. It also serves as a point of sale for instant gratification.


35 posted on 03/08/2021 7:34:07 PM PST by Rebelbase
[ Post Reply | Private Reply | To 17 | View Replies]

To: Rebelbase

While understand and agree with your comparison, the future of Gamestop is online. That is why the Chewy owners are going to steer GME in the right long-term direction.


The Blockbuster comparison is because some people think streaming downloads will replace the need for physical game cartridges.

The difference between the two is that blockbuster was just an outlet to stop at on the way home from work. Game Stop is a community where mom and drop the kids while she goes shopping and the nerds and game geeks can gather at night. It also serves as a point of sale for instant gratification.


36 posted on 03/08/2021 8:08:54 PM PST by Dacula
[ Post Reply | Private Reply | To 35 | View Replies]

To: hemogoblin

Bought in at $335 and watched it drop to $40. Bought all the way down and continued buying as it went to $120. The due diligence shows that the hedgies have to buy back every share at least twice over. Not only were shares shorted, but market makers wrote naked options contracts that are now in the money. Contracts expire on Fridays and there are so many options coming due that aren’t covered that a gamma squeeze will be triggered which could/should/would be the catalyst for a short squeeze. The retail investor, knowing that the shorts MUST cover can name his exit price....

Bottom line: the retail investor, if he’s patient, can theoretically walk away with $100,000 plus per share. But what do I know? This is not financial advice. I just like the stonk....


37 posted on 03/09/2021 8:34:22 AM PST by freebilly
[ Post Reply | Private Reply | To 32 | View Replies]

To: freebilly
Forbes article: https://www.forbes.com/sites/georgecalhoun/2021/03/05/gamestopgamestonk-has-nothing-to-do-with-the-madness-of-crowds/?sh=638228e625d0
38 posted on 03/09/2021 8:45:53 AM PST by freebilly
[ Post Reply | Private Reply | To 37 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-38 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson