OT Gamestop: Wall Street + Animal House?

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Fuck it's temping to buy another share. It's at $230 right now.
 
Melvin Capital Lost HALF Its Value After Reddit Rescued GameStop.

 
I'm still diamond hands on my meme bets. Ive spent about as much as I feel comfortable with at this point so I won't buy more but I'm riding out my current positions for awhile longer. I havnt sold any yet, especially AMC. I think AMC is all of a sudden a good recovery play investment, this recent surged saved them they can coast for awhile now, then all this free GME/AMC hype/advertising is a real short term wild card. I have a few of all the meme stocks but AMC is my big play, since I missed the best part of GME.
 
donkiez said:
I'm still diamond hands on my meme bets. Ive spent about as much as I feel comfortable with at this point so I won't buy more but I'm riding out my current positions for awhile longer. I havnt sold any yet, especially AMC. I think AMC is all of a sudden a good recovery play investment, this recent surged saved them they can coast for awhile now, then all this free GME/AMC hype/advertising is a real short term wild card. I have a few of all the meme stocks but AMC is my big play, since I missed the best part of GME.
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Have AMC - or any of these meme companies - raised more capital on the back of this boom? If not, the increased stock price doesn't help them much.
If I were them I'd be filing a secondary offering as fast as I possibly could. But I haven't read about any of them doing that.

barfo
 
donkiez said:
I'm still diamond hands on my meme bets. Ive spent about as much as I feel comfortable with at this point so I won't buy more but I'm riding out my current positions for awhile longer. I havnt sold any yet, especially AMC. I think AMC is all of a sudden a good recovery play investment, this recent surged saved them they can coast for awhile now, then all this free GME/AMC hype/advertising is a real short term wild card. I have a few of all the meme stocks but AMC is my big play, since I missed the best part of GME.
Click to expand...

I bought like 6 or 7 shares of AMC and BB. Not planning on dumping those quick. Just gonna hold onto them.

I'm currently at 3 shares of GME. That's gonna be it for me.

@EL PRESIDENTE it's almost down to your $200 line
 
barfo said:
Have AMC - or any of these meme companies - raised more capital on the back of this boom? If not, the increased stock price doesn't help them much.
If I were them I'd be filing a secondary offering as fast as I possibly could. But I haven't read about any of them doing that.

barfo
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Yes for AMC especially, they raised 300m on the stock craze. Reddit actually saved the movie theaters with this. That's why they are actually a good recovery investment play now.
 
I wish I would have listened to my friend earlier about GME, but up until recently everything he's mentioned about stock trading has been about missed opportunities and losing money. He could have cashed out the other day well over a half million dollars but he didn't. I've doubled my money which is nice, but it's peanuts compared to what my friend passed up. I'm gonna wait a few days to cash out and see if it climb back closer to 500 a share like it did last week.
 
donkiez said:
Yes for AMC especially, they raised 300m on the stock craze. Reddit actually saved the movie theaters with this. That's why they are actually a good recovery investment play now.
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It's worth noting that AMC was talking possible bankruptcy as soon as a week or two ago also.
 
donkiez said:
Yes for AMC especially, they raised 300m on the stock craze. Reddit actually saved the movie theaters with this. That's why they are actually a good recovery investment play now.
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Ah, thanks, I missed that then.

barfo
 
Natebishop3 said:
I bought like 6 or 7 shares of AMC and BB. Not planning on dumping those quick. Just gonna hold onto them.

I'm currently at 3 shares of GME. That's gonna be it for me.

@EL PRESIDENTE it's almost down to your $200 line
Click to expand...

$200 is the minimum, I'll monitor the chatter online and see how its trending in the AM. Who knows if its done or not, I gotta read up and sort through the BS. See what caused it to drop 40%, is it people selling, the hedge funds pulling voodoo magic, fugazi fuguzi
 
I'm leaning towards selling 1/2 my Dogecoins when or if it gets back to 4.5 cents. Its just not pumping as much and that's been the higher end of the price the last few days.
 
Hmmmm..... is this actually true?

https://www.marketwatch.com/story/g...ions-eliminated-11612203497?mod=mw_quote_news
GameStop GME, -30.77% shares fell as much as 35% in Monday trading, and closed down 31% at $225.00. In the extended session, shares fell as much as another 20% from their closing price.

GameStop volume was at more than 34 million shares by the close. Over the past 10 trading days, daily volume has averaged 92.2 million shares, and averaged 11 million shares daily over the past 52 weeks.

Last week, GameStop’s stock soared 400% in an extremely volatile trading week where retail investor loyalists of the stock assembled via the Reddit WallStreetBets thread to clash with institutional short sellers on Wall Street.

Ihor Dusaniwsky — the head of predictive analytics at financial technology and analytics firm S3 Partners, which specializes in analyzing data on short selling — said on Monday that the “short squeeze has begun” on GameStop, even though some were speculating that a short squeeze was boosting the stock in mid-January.

The number of GameStop shares shorted fell by 35.2 million over last week, leaving 27.1 million short positions remaining, or a drop of 56%, according to S3 data. Shorts have lost about $13 billion in 2021 alone on GameStop even after gaining about $2 billion Monday, Dusaniwsky said when the stock was down 22% during Monday’s session.

“Both fundamental and momentum short sellers have found opportunities and price exit points to trim their positions in the face of these losses as the GME short squeeze is in full force,” Dusaniwsky said in emailed comments.
 
Natebishop3 said:
The number of GameStop shares shorted fell by 35.2 million over last week, leaving 27.1 million short positions remaining, or a drop of 56%, according to S3 data.
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s4l4knp88re61.png
 
What's the deal with silver? Apparently people are saying it's getting pumped and blaming wsb, but wsb is denying. Kind of wierd side story so far.
 
donkiez said:
What's the deal with silver? Apparently people are saying it's getting pumped and blaming wsb, but wsb is denying. Kind of wierd side story so far.
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Apparently the hedge funds that fucked around and got themselves in this mess own interests in silver. The theory is that these companies are planting stories trying to divert the WSB people away from GME in order to spread their money thin to make it easier on them to cover their shorts somehow. I don't know shit, so don't listen to me, I just want free money.
 
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GriLtCheeZ said:
Apparently the Hedge funds that fucked around and got themselves in this mess own interests in silver. The theory is that these companies are planting stories trying to divert the WSB people away from GME in order to spread their money thin to make it easier on them to cover their shorts somehow. I don't know shit, so don't listen to me, I just want free money.
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100% being used as a distraction (and bonus that they have positions in it)
 
"There are 71 million shares of GME that have ever been issued by the company. Institutions have reported to the SEC via 13F filings that they own more than 102,000,000 shares (including the 13% of GME stock is owned by Ryan Cohen). That is already 30,000,000 shares more than even exist.

On top of the shares reportedly owned by institutions, retail investors may currently hold 50+ million shares (counting both long holdings and call options – both ITM and OTM).

Once you include call options, retail investors may already hold more than 100% of GME (not just 100% of the float, more than 100% of the actual company). This would be definitive proof of illegal activity at the highest levels of the financial system."

 
AMC or GME?

Whats the better choice, all this being equal?
 
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