OT Gamestop: Wall Street + Animal House?

[EL PRESIDENTE]

 

[EL PRESIDENTE]

Been a good month, portfolio up 25%.

Short squeeze talk happening again.

 

[EL PRESIDENTE]

 

[EL PRESIDENTE]

 

[EL PRESIDENTE]

AMC up 88% the last week

 

[EL PRESIDENTE]

Been a good month, portfolio up 25%.

Short squeeze talk happening again.

-12% the last week.

 

[EL PRESIDENTE]

Bought Robinhood

 

[SlyPokerDog]

 

[Shaboid]

Netflix taking a pretty serious tumble. That's what they get for increasing their prices!

 

[Phatguysrule]

Wow, it's almost like these people are idiots who will believe anything...

 

[EL PRESIDENTE]

Bloodbath today.

 

[EL PRESIDENTE]

Netflix taking a pretty serious tumble. That's what they get for increasing their prices!

 

[PDXFonz]

You ever get that feeling like we are inside the middle of a storm and haven’t looked outside to see the damages yet?

COVID Financial impact
Supply chain demand issues
Increased conflict between manufacturing nations and importing nations
Gas prices (We’ve seen this one before)
Stock Market on earthquake status a few times in the past year
General inflation

Streaming services are supposed to be the things of the future, if they are struggling in the present; what does that mean for their future?

Not saying Netflix isn’t going to survive. But it’s certainly a sign of the times. People having to make financial cuts where they can.

The thing is, streaming services have hurt cable companies. Now if the streaming services start to fail you’ve got to think that it’s going to impact the entertainment industry at its source.

 

[SlyPokerDog]

 

[EL PRESIDENTE]

 

[GriLtCheeZ]

About time!!!

 

[Shogun X]

I took your lead on that and bought at 4.79. Only 100 shares but lets see what happens. Thanks.
As of today i'm up 20.6%
about $100

Did you keep $TRCH? It eventually spun off into $MMAT (Meta Materials) and they paid a dividend stock called $MMTLP if you held it past a certain date.

$MMTLP is going private. S1 amendment filed with the SEC, once it's approved, hopefully in the next few days, shorts have 2 weeks to close their position or they will be forcibly closed for them, which could trigger a short squeeze.

When it goes private, any preferred stock holders will be given a share of Next Bridge Hydrocarbons. It basically owns a bunch of land with oil which is for sale and you'll get the proceeds from that.

Its been a very good month for me. And if this squeeze happens.....

https://microcapdaily.com/meta-mate...-days-away-next-bridge-hydrocarbons-spin-off/

Meta Materials Inc (OTCMKTS: MMTLP) has rocketed back over $7 per share after another failed short attacked on Thursday failed to even to touch the $6 lows from the short attack the week before. The Company filed an S-1a4 on November 9 and the only changes from the S-1a3 is the filing included 9 months of data versus 6 months of data signaling we could be days away from S1 approval.

Once the S1 is approved shorts will have 15 days to cover the 80 million shares sold short and if they don’t cover their broker will cover the shares for them. When that happens and the brokers are just dumping shares as Houston Wade points out, “we will see, perhaps, just astronomical prices” For 80 million shares to cover we will see a massive increase in trading volume and ultimately the brokers will pay whatever price they have to. Should a short squeeze happen, $30 to $60 is the most common estimate on MMTLP.

again, not investment advice. I have a sell limit at $150 a share for one share of MMTLP. lol

 

[Shogun X]

S1 active. We may see a short squeeze as 80 million short positions must close in the next 15 days

 

[barfo]

S1 active. We may see a short squeeze as 80 million short positions must close in the next 15 days

Sure, but what about S2?

barfo

 

[Shogun X]

BOOM.





Shorts have to close Monday. I expect some fuckery when I try to sell Monday though

 

[Shogun X]

Ouch. Back to $3.15. Lol.

It should go back up. We'll see. Here for the ride.

 

[Shogun X]

Shorts have to close Monday. I expect some fuckery when I try to sell Monday though

the fuckery begins. This shit is totally rigged. Hedge fund naked shorts being bailed out after two years when it's time to pay out.

They have to close their short positions by Monday and have been buying synthetic shares to fuck with the price the last few weeks. 2 trading days before they are forced to close their short positions, creating a gamma squeeze.

"Liquidity issues" is the problem, meaning they dug themselves in such a hole, that they won't survive the carnage if they were forced to close and retail was allowed to sell. So FINRA halted trading under "Extraordinary Events".

They'll do this for other short squeezes as well. Hedge funds can short everything hell, then have the protection when its time to settle because they are in bed with the regulatory agencies. Total fucking BS.

 

[Shogun X]

 

[Shogun X]

 

[Shogun X]

 

[Shogun X]

Sold my doge and Shiba inu for some $TSLA

 

[Everything Beagle]