/r/wsb autists taking on a wallstreet hedgefund. Elon musk involved as always - Gamergate 2: financial boogaloo

[Terrorist]

Where is the short squeeze, genius? Can you even Greek?
_30%_ shorts. That's it. Nothing to squeeze.

You are part of a pump-n-dump orchestrated by your fellow redditors under the premise of 'Antifa owning The Man'.
Zoomers living with mommy, thinking they are George Soros.

That's why I took my ball and left in early Feb. You can only be so stupid for so long.
Enjoy your new meme stock: Hertz Round 2.

Info Tax:
$GME sunk in market opening, recovered slightly, bounced to $281, and is currently sinking a bit.
Currently at $262.11

SHILL! DOUBTER! SHILL! HOW DARE YOU CRITICIZE OUR GLORIOUS WORKING CLASS REVOLUTION AGAINST THE HEDGIES, WE WILL BE RICH BEYOND OUR WILDEST DREAMS!!!!!
*GME crashes again just like last time*
Heh, can't believe anyone fell for that. Bagholder? Me? Nah dude lol just here to laugh at the spergs.

 

[Gimmick Account]

His original post said something condescendingly retarded like "Brush up on your Greek. Volatility is NEVER a good thing on the stock market" but I guess someone told him what vega is since he's edited it out of all his posts lol.
Options are the big fuck here, not wall street shorts. Supposedly it's possibly even a lot deeper shit than in January from people jumping on that first drop. Institutions are reporting something like 110% ownership just between themselves.

GME creeping back up to $300 is a sign of times.

They're transitioning to an e-commerce platform, cutting staff and brick/mortar, with a guy who bought himself and some buddies onto the board who have already built a successful platform in a much smaller industry. Reporting and shareholder meeting on the 24th iirc.
I'm not convinced (they're up against Amazon and Steam unless they're sitting on some killer idea) but the float is pretty small (50m public shares) so there's an argument that where we're at now won't compare to where they'll end up, though it's premature and obviously everyone holding now is just gonna dump on the next big spike.

Edit: unless they announce a split right when it moons which would be fucking hilarious

 

[melty]

Just out of curiousity, what are the people like Buffet and Soros investing in right now?

Buffet is investing in the same boring stuff, interestingly he invested some in AbbVie who make child troon drugs. Probably unrelated, it's a small percent of their revenue, but could be a meme pick for farmers. George soros is investing in civil unrest.

 

[Orange Rhymer]

His original post said something condescendingly retarded like "Brush up on your Greek. Volatility is NEVER a good thing on the stock market" but I guess someone told him what vega is since he's edited it out of all his posts lol.
Options are the big fuck here, not wall street shorts. Supposedly it's possibly even a lot deeper shit than in January from people jumping on that first drop. Institutions are reporting something like 110% ownership just between themselves.


They're transitioning to an e-commerce platform, cutting staff and brick/mortar, with a guy who bought himself and some buddies onto the board who have already built a successful platform in a much smaller industry. Reporting and shareholder meeting on the 24th iirc.
I'm not convinced (they're up against Amazon and Steam unless they're sitting on some killer idea) but the float is pretty small (50m public shares) so there's an argument that where we're at now won't compare to where they'll end up, though it's premature and obviously everyone holding now is just gonna dump on the next big spike.

Are you obsessed with me to the point of making shit up?
Dude, you need to calm the fuck down.
Jesus.

 

[Bloody bunny]

This is now a doom poster thread.

No,because even if that’s true I’m still entertained.

 

[Gimmick Account]

Are you obsessed with me to the point of making shit up?
Dude, you need to calm the fuck down.
Jesus.

Christ you're pathetic. I remember almost verbatim because I considered quoting it at the time before deciding you were too dense anyway. You don't hold a high ground on "u mad" either since you decided to be a fag off-thread too.

Nobody wants to read this shit, quit insisting we're in an e-fight just because your posting is objectively garbage.

 

[Orange Rhymer]

Buffet is investing in the same boring stuff, interestingly he invested some in AbbVie who make child troon drugs. Probably unrelated, it's a small percent of their revenue, but could be a meme pick for farmers. George soros is investing in civil unrest.

I thought AbbVie was focusing on coof and the coof quick-test stuff?
Troon drugs?

 

[melty]

I thought AbbVie was focusing on coof and the coof quick-test stuff?
Troon drugs?

I don't really know about their other stuff, but they make Lupron, which is used to delay puberty, as well as some other less sinister uses.
But they have a history of shilling it off-label for various things, trooning kids is just the latest thing they've latched onto to shill it.

 

[Syaoran Li]

Or am I confusing commies with old-school Puritans?

Let's be real here, commies are just the atheist equivalent of Puritans.

The mindset of a Woke Leftist or even old-school Marxist or Maoist is just an atheistic version of Calvinism.

 

[Save the Loli]

Buffet is investing in the same boring stuff, interestingly he invested some in AbbVie who make child troon drugs. Probably unrelated, it's a small percent of their revenue, but could be a meme pick for farmers. George soros is investing in civil unrest.

Soros (as of like 201 has also invested lots of money in Pharma if you're curious.

 

[Terrifik]

 

[world of shit]

WSB made a thread where they post the endangered animals they are sponsoring with their GME gains

r/wallstreetbets - Fuzzy Wuzzy Animal Adoption Mega-thread

2,671 votes and 735 comments so far on Reddit

www.reddit.com

I called it way back a month or more ago that they'd use optics-cucking as a way to break this up, same as gamergate.

"Hey guys, instead of pooling our earned wealth and continuing targeting HFs which parasitely suck life out of American businesses, let's save the fucking spotted owl. That way the media can no longer call us nazis! That'll show them, lol."

Even more ironically, those nonprofits are ran by the same people they're taking money from, hahaha.

 

[George Cuckzunian]

I sold off the amount that was my buy in price for GME than slowly sold and bought back the same dollar amount (selling high, buying low) to increase my shares but not my buy in risk. I officially give 0 fucks and can hold till the moon and am kinda hoping for a 2nd short attack to increase shares owned and am happy AMC is finally going up.

 

[WinchesterPremium]

I called it way back a month or more ago that they'd use optics-cucking as a way to break this up, same as gamergate.

"Hey guys, instead of pooling our earned wealth and continuing targeting HFs which parasitely suck life out of American businesses, let's save the fucking spotted owl. That way the media can no longer call us nazis! That'll show them, lol."

Even more ironically, those nonprofits are ran by the same people they're taking money from, hahaha.

I'm pretty sure people care more about the money than the hedge funds lol

 

[Gimmick Account]

I'm pretty sure people care more about the money than the hedge funds lol

Ya but the hedge funds care about the hedge funds. The dips this week and last were both kicked off by retarded bulk dumps (you sell off slower if you're trying to make money) so it's fair to say there's still fuckery afoot.

I sold off the amount that was my buy in price for GME than slowly sold and bought back the same dollar amount (selling high, buying low) to increase my shares but not my buy in risk. I officially give 0 fucks and can hold till the moon and am kinda hoping for a 2nd short attack to increase shares owned and am happy AMC is finally going up.

Is there anything redeeming for AMC besides meme energy? Genuine question. I know there's a lot of wishful thinking since it was a cheap entry point and people are still insisting it has some kinda link with GME even though that hasn't tracked for a couple of weeks. Didn't they just have an earnings report or something which was pretty much "we're fucked" and they have a fuckload of debt compared to other chains so they aren't gonna get bought out like people are hoping either.
I'm still fond of it (I made a bunch of money) but I don't get it.

 

[Save the Loli]

Is there anything redeeming for AMC besides meme energy? Genuine question. I know there's a lot of wishful thinking since it was a cheap entry point and people are still insisting it has some kinda link with GME even though that hasn't tracked for a couple of weeks. Didn't they just have an earnings report or something which was pretty much "we're fucked" and they have a fuckload of debt compared to other chains so they aren't gonna get bought out like people are hoping either.

People argue that if you hold for "whenever governments open theaters to full capacity plus a few months" then AMC will perhaps double or triple in price. At surface level it sounds like a reasonable theory.

 

[Gimmick Account]

People argue that if you hold for "whenever governments open theaters to full capacity plus a few months" then AMC will perhaps double or triple in price. At surface level it sounds like a reasonable theory.

I guess if the memery gives them a shot that could happen if they really get their shit together and people are jonesing for the cinema experience... as opposed to further losing the huge chunk of people who have only figured out how to stream movies in the past year, Because AMC was already declining badly before covid, they were only doing like $100m/year.

I think there's a lot cinemas could do to fix their decline (I had a business class on this before the pandemic), but they were too fucking stupid before all this to remember how they used to do things (when the industry took off while people also had no money) and seem stuck in the current model.

 

[George Cuckzunian]

Is there anything redeeming for AMC besides meme energy? Genuine question. I know there's a lot of wishful thinking since it was a cheap entry point and people are still insisting it has some kinda link with GME even though that hasn't tracked for a couple of weeks. Didn't they just have an earnings report or something which was pretty much "we're fucked" and they have a fuckload of debt compared to other chains so they aren't gonna get bought out like people are hoping either.
I'm still fond of it (I made a bunch of money) but I don't get it.

They sold a bunch of stock when it was at $15 to pay off 2/3rds of their debt. Also renegotiated prices for movies with holywoood (who isn't as happy with the netflix model of business). A lot of criticism toward AMC bullishness is that there is not much to watch and the revenue is paying off debt rather than investing in growth.

It's a similar short squeeze play, but if it doesn't squeeze (I think it will) it is expected to go back to normal stonk price which is over $30 a share.

Here is a video from a data scientist that explains where we are at currently with some of this AMC/GME madness

I guess if the memery gives them a shot that could happen if they really get their shit together and people are jonesing for the cinema experience... as opposed to further losing the huge chunk of people who have only figured out how to stream movies in the past year, Because AMC was already declining badly before covid, they were only doing like $100m/year.

This is correct, however this issue has happened more than once. Durring the Obama years they had record lows, they blamed pirating, then
when half way decent movies came out in theaters suddenly there were record box office earnings. Prices for a movie ticket in a metropolitan city were at $18 a ticket (which is entirely driven by what holywood charges as movie theaters make all money on consessions).

When Hollywood is pumping trash in theaters, theaters are empty. When good movies are in theaters, people pack the theaters.

There is an easy way to up revenue for theaters.... Sell alcohol. Even if people sneak in alcohol they will usually still buy consessions to not draw attention and blend in. Alcohol has been a win for all theaters I've gone to. Arcade stuff I've seen pay off well for a lot of theaters but not every theater can make that kind of a change and I wouldn't trust boomers to not just buy $1 a continue ports of popular smart phone game shit instead of the timeless fun stuff like skee-ball and air hockey.

 

[Blake Chortles]

I think the play with amc is to continue to sell puts until you get assigned laddering up the price. Its less risky than owning the stock as you only lose money if it nosedives hard for a weekplus. Otherwise its “free money” taking premiums as it escalates up. Obviously with 2020 vision youd have made more money if you just bought but the risk has been huge.

edit: ive made about 3k selling 10 contracts a week for the last 6 weeks. Never owned a share.

 

[HOMO FOR LIFE]

GMC is collapsin