Lurker > WingsOfGood

https://gamefaqs.gamespot.com/a/forum/1/1b75a345.jpg

then person who said that makes a huge accomplishment "I worked super hard to get where I am"

wait a minute...

Kaiser-Mazoku posted...

racial slurs

huh? it is Kendrick from not like us literally copy paste from genius lyrics

I actually thought he said wap wap but genius claimed it was wop wop

What did the topic title bring to your mind?

source: https://genius.com/Kendrick-lamar-not-like-us-lyrics
that is what it is from

some people collect only the minifigs and run them all up and down their walls

as such they NEED to complete the collection and will pay any price

there is enough of these people such that they compete for the few available minifigs making the price high

btw before you try and claim "oh no that is just conspiracy!"

you would be wrong

from same article on investopedia

More recently, naked shorting was partially blamed for the GameStop meme stock phenomenon of 2021. During the two previous years, GameStop had posted big losses, leading to a large drop in its share prices. This problem was noticed by hedge funds, which took out major short positions in the stock. In 2020, at least half of GameStops stock was borrowed for short positions.12 By 2021, 140% of GameStop shares were shorted, meaning 40% of the shares shorted werent really out there to trade on; that is, they were likely involved in naked short sales.13 Online investors soon noticed this giant hedge, setting up the Reddit forum r/WallStreetBets to implement a short squeeze and bid up the stock to counter the shorting of the hedge funds. As the share price increased, it wasnt just the hedge funds that lost; short sellers who hadnt borrowed the shares couldnt deliver.13

Fyi the reason this all happened to begin with was DFV noticed they had naked shorted the stock meaning it would squeeze.

and it did

Kuuko posted...

There's no law in shorting anything. Melvin got rightfully f***ed by overexposing themselves.

Naked shorting is the illegal practice of selling short shares that have not yet been determined to exist or that the trader hasn't secured in some way. Ordinarily, traders must first borrow a stock or determine that it can be borrowed before selling it short.Dec 22, 2023

https://www.investopedia.com/terms/n/nakedshorting.asp

Kuuko posted...

Because, for good or for bad, the government tries not to let fraudulent actors scam innocent people out of their money.

It does everyday in the stock market. No one cared to halt enzc when a bunch of people kept saying it was going to run. People on this board lost money on that. Where was all the hub bub then?

You just want to treat GME differently as do these other guys like Jim Kramer.

The only real difference in GME than these other stocks is GME actually had a real short squeeze and it was due to government negligence as in the SEC did nothing when Melvin broke the law in overshorting. Maybe if you work for the government or a hedge fund GME is just egg on your face and you want it to go away?

Turbam posted...

Do I buy now??!!

are you rich?

Did you make any tc?

https://gamefaqs.gamespot.com/a/forum/4/42e42970.jpg

Now why would they even care if a bunch of self identified "idiots" lose money?

AceMos posted...

i do not get the appeal of these sets with so many pieces

there is that 1 set that has 11K

More pieces = more fine grain detals

Rai_Jin posted...

https://gamefaqs.gamespot.com/a/forum/1/1a0ab06d.png

https://gamefaqs.gamespot.com/a/forum/b/ba6c61fd.jpg

After 3 years what GME person is still using RH though

That said are you sure other hedgies aren't into it?
Users used to claim here Black rock was buying GME to me in my threads.

Kuuko posted...

Why don't any hedge funds want to contribute? If the ape theory is real, then it's pretty easy money.

The ape theory needs to say that hedge funds are all colluding to keep the little guy down. And that hedge funds definitely aren't actively trying to get an edge over each other every day in the market. Or at least on this one issue, keeping gamestop from shooting to the moon, they've all secretly agreed not to get involved.

The hedge fund behind Melvin and Robinhood was Citadel.
Citadel made news the other year as making more money than any hedge fund ever has in the history of the world.
Look it up.

Before then the record was held by one that helped spawn the 08 crisis.

Tyranthraxus posted...

I don't see how going from ~$20 to almost $700 5 years ago isn't already MOASS. Anyone waiting for something even bigger is a fool.

Some people are straight delusional about stock prices. I've seen people on Reddit say shit like $100,000 a share. Who's going to pay that? It ain't going to be the hedge funds. They don't have that kind of money. They'll cover what they can and declare bankruptcy. And they won't be buying from retail. They'll be buying from their unaffiliated-on-paper other hedge fund directly off market.

A couple people in retail will get rich. Maybe. But in either case you're never going to be able to sell for MOASS prices because trading will get halted and shortys will just go bankrupt. And no you're not hurting the 0.1% by doing this either because it's all LLCs.

You have to keep in mind half of those posts aren't actually serious. The name APE is self-deragotory to suggest they are idiots and not giving financial advice. I doubt even they are serioua about $100,000 a share.

That doesn't sound good

Musk probably smiling

I like sea salt vinegar but will not confirm if I look like this.

Just went above 49 to 53

Basically the idea is they are borrowing shares.
Then they hit FTD or failure to deliver and have to buy the actual shares.

Reverse of that is thread is fine and makes it to several pages with no issues.
Someone enters thread and slings shit. Multiple people call them out for it and get modded but they don't.

Rai_Jin posted...

why would simply buying a stock cripple the economy huh?

The apes claim the amount is so large the hedge fund goes under and the banks have to cover and they still can't pay it. Because the short % is over 100

AceMos posted...

im a cis woman thoe

So technically if you ever deed you have a miraculous birth.

What if same woman?

Is it baby everytime?

Looks halted at $49 now

[LFAQs-redacted-quote]


Gamestop has been doing okish for the past 2 years actually. They had some braindead nft marketplace ideas though.

Wtf

He seemed like a nice guy is he pro nazi?

BalanceLost posted...

It comes with this GWP:

https://gamefaqs.gamespot.com/a/forum/3/38a951c6.jpg

When does this come out?

Market isn't open.
What is it at?

BlueTigerLion posted...

Surprised it took 80+ posts for someone to finally post the source lol.

Not really the source, it was the hot news yesterday. Simple google and you would find countless articles.

DKBananaSlamma posted...

I sold all my GME like a year ago >_> rip lol

For a loss?

ScazarMeltex posted...

Why is GME rising again? Are they fucking with shortsellers again or is this an organized pump and dump.

That is the mystery. If it is an organized pump and dump it would not be the ape people as they been supposedly buying and DRSing for the past 3 years and it hasn't pumped only dumped.

HentaiMan posted...

I don't follow this. why did/do people care about Gamestop and their stock exactly? I rarely shop there.

It had a run up back in 2021 I think? Where it went to like $300 per share due to what is called a short squeeze.

A big hedge fund was shorting it very likely in a shady nigh illegal way, which allowed it to spike that high.

Several things happened since then. Supposedly according to that hedge fund they stopped shorting it long ago but the people calling themselves apes claim it was a lie and that a bigger squeeze was coming. That didn't happen since then.

Putting $27k into GME was a ridiculous risk. Nice they got rich but unless they were already rich losing 27k is devastating.

DEEEANNNN!!!

SAMMY!!!

ello boiyz

*strange tenchcoat man grunts

he could have went a little harder but nice

Here was the "cult" leader's tweets today

https://twitter.com/theroaringkitty/status/1790041813379850491?t=FY-N5DGuAoMsVeikyylueA

https://twitter.com/theroaringkitty/status/1790072011810812231?t=fLU0CV7toR_NjhvzNuoWOA

https://twitter.com/theroaringkitty/status/1790087112282239085?t=fLU0CV7toR_NjhvzNuoWOA

GME sitting at $30 now at end of day.

Will it DROP hard tomorrow? Or will it sit at 30? Or will it go up?

DarthAragorn posted...

Oh my god it is may of 2024 and you are still posting about fucking gamestop stock?

I literally haven't for years but all the news is reporting it today.

creativerealms posted...

Tesla needs to unionize.

Musk would close the company down immediately.

Kuuko posted...

try to get as many people joining into it as they can. Because that's the real way to make money on it. Buy in early, and sell to the people joining in later after they drove the price up for you.

I don't recommend anyone to buy GME.

DrizztLink posted...

I can read the topic right in front of me, I read the ones about aliens and the old ones about this exact same thing.

Don't try to gaslight me.

Why does reporting on current events mean I cannot have an opinion and engage with people?

Scardude posted...

Any comments on my link wings?

Seems like a convoluted plot. Wonder how often it happens ans doesn't get caught.

U.S. authorities alleged Babini and co-conspirator Edward Withrow III used a Swiss trustee and foreign accounts to conceal their control over shares of Endeavor and engaged in manipulative stock trading to artificially inflate the companys share price from seven cents to 25 cents as part of a promotional campaign to generate investor demand.
Babini agreed to execute pre-arranged trades with an undercover federal agent posing as an individual with a corrupt network of stockbrokers with the goal of raising at least $200,000, said the U.S. Attorneys office.

Lololol ooopsies

DrizztLink posted...

If you just reported current events you wouldn't have all your topics blow up over you being bull-headed and throwing a shit fit over people disagreeing with you.

False.

Board_hunter567 posted...

If you buy shares. Degenerate gamblers can still get their fix playing options.

But see this is intentional so perfectly fine or something.
Like I can get with the idea that GME is risky and shouldn't be bought, the issue is calling it a scam while the rest of the stock market exists.
Sure there is slow "safer" ways but that doesn't negate that the average stock is hose town.
I too have a 401k but it basically the only retirement method offered by modern companies.