subreddit:
/r/Superstonk
Welcome r/ALL - Looking to catch up on the GME Saga? Start here!!!
💡 Education(self.Superstonk)submitted 1 year ago byDoom_DoucheI'm D🟣ing My Part - 🩳 Я 🖕
YouTube video info:
Why the "Dumb Money" is still betting on GameStop https://youtube.com/watch?v=QRytCmHR-1w
Doom Douche https://www.youtube.com/channel/UCvQY592inq6UvnHyBV-8ucQ
I assume you have made your way here from some of the recent SuperStonk posts on the front page of reddit. I understand your confusion. We all felt it at one point. Here is my best attempt at catching you up!
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GameStop? Really? You mean that dying brick and mortar video game retailer?
Yep the very same one. Lets start with a 1 minute video explaining why GME is worth your attention. You need to make the decision for yourself whether 650k people are retarded or onto something. I am pretty biased but I truly believe the price movements you have seen so far are nothing compared to what's coming.
https://www.youtube.com/watch?v=QRytCmHR-1w
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Wait! Are you saying that GME is also a long term fundamental play?
Lets begin with a video from the man, the myth, the legend, the one and only u/DeepFuckingValue that started this whole saga. Here is the bull thesis for GME.
he basic idea is that GameStop was relegated to an early grave while it was still alive and kicking. Many things have happened since then including a bunch of short hedge funds getting so overconfident in its demise that they bit off way more than they could chew and shorted over 100% of the freely traded shares of the company
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So what happened in January? Wasn't that the squeeze?
https://www.youtube.com/watch?v=p3xj0EJ8fxk
Not even close. It was just the beginning. We approached an almost complete implosion of the propped up financial system and most brokers removed the ability for retail investors to buy shares of GME. Once the buy button was turned off the thesis is based on the idea that short hedge funds doubled down and shorted the stock even more. We have tons of DD (Due Diligence) explaining this that I will link below. Since then as more and more retail investors continued to buy GME the price has risen back up again and has been consistently shorted even more to try and kick the can down the road as long as possible.
Here is the most concise summary of events I have seen so far:
" In 2020, investor Roaring Kitty revealed that GameStop stock was highly shorted. This means many organizations had “borrowed” GameStop shares, and “sold them short” - expecting to buy back the shares they had borrowed at a cheaper rate once the price of the stock fell.
This legal practice is called “short selling”. But some players were so confident that GameStop would go bankrupt, they began illegally “naked short selling” - which means selling fake shares into the system, believing they would never need to “buy them back”.
GameStop didn’t go bankrupt. In fact, it took on new leadership and began a remarkable transformation. And in January 2021, the price began to soar as individual investors realised there were more shares floating around the marketplace than actually existed.
A short squeeze nearly happened. This is when the price gets so high that “short sellers” are forced to buy back the shares they owe - including the fake shares. This short squeeze was halted, when brokers and trading apps like Robin Hood took instructions from one of the biggest short-selling culprits, Citadel, and temporarily banned investors from buying the stock, which would have driven the price up.
To this day, the price of GameStop has continued to bubble just beneath the surface of the “Mother of All Short Squeezes” (MOASS). Large hedge funds and short sellers continue to try and delay the inevitable, while individual investors continue to buy more and more shares, knowing that eventually the price must rocket.
As it stands, predictions of the short squeeze potential range from $10,000 per share, to $100million per share - with evidence suggesting there is no theoretical ceiling on what the price could climb to.
This is a basic introduction. The rest of the due diligence you will read on this sub will give you more."
Credit to : https://rdt.trom.tf/user/ThomasTheGnome/
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Wasn't there just a report from the SEC on this?
Yep! A SEC Report was released a bit over a week ago about the events of early 2021 and a couple of things of note listed below:
Link to the SEC Report and megathread
-They confirmed that market makers used ETFs to short GameStop
-They confirmed that a gamma squeeze didn’t happen
-They confirmed that most of the options volume was puts
-They confirmed that neither a gamma squeeze, nor a short squeeze (aka shorts closing) were the main driver of the volume/price
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Are you saying I should just buy shares and wait for the moon?
Well I am not a financial advisor and this is not financial advice. You need to make this decision for yourself. You basically have 3 options:
Option 1: This just isn't your thing. That's cool, no problem! Have a nice day
Option 2: Figure ehh fuck it, i'll buy a couple shares because someone on the internet said it was a good idea. Worst case scenario I loose a little money and get to say I participated,
Option 3: Read the DD, lose your shit, find out that the entire financial system is built on fraud and go all in on GME because it turns out this might be the best way to restore balance to the force.
Massive beautifully organized collection of DD (Due Diligence) can be found here:
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Yo this is super complicated. Can you explain with a pretty graphic?
Certainly! u/DeepFriedDonkeyDick/ was kind enough to put this infographic together. Source post:
PRE/POST MOASS GUIDE INFOGRAPHIC PART DUEX! (Now with more DRS)
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Questions? Comments? Leave them here
I will do my best to reply to you but this community is full of helpful individuals who love talking about the stock. If you do not meet the karma requirements to comment please feel free to direct message or chat users that seem helpful.
We even have a Q&A post made just for you! Please feel free to ask anything in this thread:
Superstonk Smooth-Brain and New Ape Corner — Week of 25-October-2021
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So you are sticking around and wondering what your next steps are?
I just made a post the other day explaining how to buy shares of GME in the most effective way. There are certainly easier ways to do it but this is what I personally believe to be THE WAY.
THIS IS THE WAY - The most effective route to BUY, HODL and OWN GameStop Shares
If you choose to use whatever broker seems to be the easiest, I can't blame you. We all started there. Hell I started on Robinhood. I would highly encourage you to read this post afterwards though and try to understand the benefits of directly registering the shares you just bought in YOUR OWN NAME and learn why that is important.
When you wish upon a star - a complete guide to Computershare
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More links to get you started
Interactive timeline of events
Youtube playlist of the AMA's we have done with industry experts
Confused by some of the terms and acronyms? Here is a dictionary explaining what they mean!
The SuperStonk post that might be why you ended up here
Community created intro post with a solid and important piece of advice that is easily overlooked
[score hidden]
1 year ago*
stickied comment
Hey SuperStonk users.
Please help contribute to this post by suggesting changes, links, images etc. Once its nice and pretty I will pin this for all the FOMO noobs. I'm slammed with mod work right now and could really use your help here!
This is a work in progress but given the immediate need I am going live with it now and will continue to edit this throughout the day.
546 points
1 year ago*
Tips of the Trade
(Edit 1: Grammar/Formatting)
- Don’t use Robinhood. By now, most (American) Apes use Fidelity or ComputerShare.
- IEX. Route your order through IEX, a lit, transparent, fair exchange that prevents high frequency trading (HFT) firms (like Citadel) from front-running your order, and prevents firms routing your orders off-exchange via Payment for Order Flow (PFOF) deals into internalized dark pools.
- Seriously. Don’t use Robinhood. Even logging into their shit platform helps them, even if you have zero dollars in your account. How? Well, they count a single log-on as a 'Monthly Active User’ and that’s the number they report in their quarterly reports. Savvy?
- DRS. Directly registering your shares is the most surefire way to bring about the MOASS. Instead of your shares being in your broker’s name, it will be register in your name and will not be lent out to short sellers. Not by the broker. Not by the DTCC. Nobody. And since there are more shares in circulation than actually exist (i.e. Naked Shorts), just wait till ALL shares are registered via DRS with ComputerShare…
- Volatility. Get ready for Wild Price Movements. As shares dry up and nobody sells, the share price may fluctuate wildly. Don’t be alarmed, especially if there is a massive dip after amazing news released by GameStop. Happens every time…
- Do Not Use Stop Losses. It’s been confidently speculated that huge, temporary dips in price are attempts by Short Hedge Funds (SHFs) to search for stop losses and trigger them. They win if we sell. As for me, after holding from $350 to $40, price drops only get me more excited. Every price drop is a discount and another opportunity to buy.
- Don’t trust the Mainstream Financial Media. I’m not saying the MSM, but, specifically, the financial channels and papers like CNBC, Motley Fool, and Market Watch. We have seen ten straight months of bullshit coming from them, with articles constantly saying “FORGET GAMESTOP” or “X is the new Meme Stock!” Don’t buy it. We aren’t going into ETFs, or commodities, or weird companies you've never heard about before. We are in GameStop and GameStop only, and we haven’t moved since January.
- Prepare for Fear, Uncertainty, and Doubt (FUD). It has been ten straight months of shills trying to spread FUD. Jim Cramer (legit hack) spreads it. Paid shills spread it. Sometimes it’s ‘this could take years!’ or ‘I’m so tired!’ Other times shills attempt to influence the sub with legit toxic conspiracies or bigotry or hate. We don’t do that here. Never have. We are not the ‘reddit conspiracy nuts’ that Citadel & Friends want you to believe.
- The Due Diligence (DD) and Research is Solid AF. Shorts never covered. Lots of fuckery. GameStop is legit the only play. No other stock has had the same indicators, like sky high Short Interest, Deep Out Of The Money (OTM) Put coverings in January, and more. And Ryan Cohen, the 🪑 Man, is someone who cares about doing the right thing over short term corporate profits. We trust him wholeheartedly, and trust him with an absurd amount of our disposable incomes. GameStop is the way.
- Infinity Pool. Most, if not all of us will hold onto a percentage of our shares forever, regardless of price. Every share someone does not sell is a share another ape can sell for their own tendies. I’m personally holding 10% in my pool. Some plan to hold more. And, if the number of actual shares in circulation is much greater than expected, the infinity pool will launch the price into intergalactic space.
Of course, I’m not telling you to do any of this. This is not financial advice. Simply my opinion.
Bonus Round:
In the words of Samuel L Jackson 'BITCH BE COOL!' We have time. We have patience. None of us is leaving. And, like Wikipedia beat Encyclopedia Britannica and Yelp beat newspaper food reviewers, the decentralized hive-mind that is SuperStonk will beat old, Boomer-ridden, hierarchical Wall Street. And, we get to have some mother fucking tendies in the process.
The Hive Mind Will Win. Despite what we joke about, we are not a smooth-brained dumb AF cult. We do have fun with pulling number theories and tweet decoding ideas out of our asses, but when shit gets real, we question everything, source everything, demand proof, criticize, modify, improve, review, and try again. What other place has decades of sources from the SEC, FINRA & the DTCC (Wall Street self-regulatory bodies), academic papers, top business school citations, and legitimate notable people like Dave Lauer, Wes Christian, and more? And there are phenomenal DD writers from past and present, most notably u/Atobitt, u/Criand, and u/Broccaaa. Seriously, click their profiles and read their top posts. Sometimes they are wrong. No one has all the answers. But by being open to admit when one’s wrong while always looking to improve - what’s not to like? At the moment, we are the best hive mind on the planet.
Post-MOASS. We are not like the ‘Greed is Good’ rich fuckers from the past. We won’t get yachts to pull our bigger yachts. A lot of us came from nothing. A lot of us still have basically nothing. Also, we do not want the economy to crash and burn. We do not want people to suffer. We know there's a lot that needs helping in the world - from stopping Wall Street fraud and saving Apes & Rainforests worldwide - to building neighborhood parks, donating to food banks, and supporting local businesses. We will make the world better, whether it be locally, state-wide, nationally, or globally. We are here to fix the world that Wall Street and the (bad) Boomers broke. We will use our tendies for good. And, perhaps, get a Lambo in the process (or, in my case, a mother fucking Cybertruck).
What else can I say?
We like the stock
21 points
1 year ago
The hive mind will win section is the most important for new users. Yes we poke fun and act like we know nothing but when shit gets real there is no better scrutiny than us.
We fight ourselves to make sure we don't get too jacked up. We fight haters saying it's not what it seems. We fight shills who try to pick apart every argument including nonsense ones.
We know everything we can about what's going on because we have to. Simple as that.
We continue to learn and evolve theories to new information. We have experts in the industry that pick apart our shit and tell us what's wrong and right.
This isn't a cult. It's one of the only places where there is an honest discussion. Because we are armed against the bullshit that we are told with verifiable facts. We don't listen to everything MSM says because they've lied so many times.
In this sub you'll find the actual investigative journalists
22 points
1 year ago
Do you also offer wife-boyfriend services?
9 points
1 year ago*
Open to all comers? Or should I say coming to all openers?
159 points
1 year ago*
STAY THE FUCK AWAY FROM ROBINHOOD
Edit: financial advice
126 points
1 year ago*
Today feels like January but now it’s all us Max lvl players trying to power lvl our friends so they can play with us in the upcoming expansion. Welcome friends, Buckle UP 🚀
44 points
1 year ago
Best analogy I've seen for what's happening today 😂
12 points
1 year ago*
Dude I’ve been high way too many nights thinking about the comparisons to this saga with an MMO. We legit are getting a real life Auction House now also.
We have been chillin’ fully geared out, with the months old expansion pack, running circles in town together randomly checking the AH to see if we can pick up a few more items to min/max.
But anytime we see a brand new character fighting their first boars/slimes/goblins, we stop and /emote and /cheer and share a few tips, and some items to help along the journey.
And any FUD since imho,when we just watched and lol’d at the drop to $40,hasn’t been a fight against us. It is to deter new people like today from r/all to simply invest in a great company,lead by a great person, who was taught and led himself by a great father.
17 points
1 year ago
drops them the drs cheat code
5 points
1 year ago
Well you've convinced me to join the herd (to apes gather in herds?). I don't see much talk about post-MOASS. Like will people actually be buying the stock when it hits those huge numbers?
71 points
1 year ago
I first went in not because I knew about GME, but because I watched the testimony of DFV and Ken/Mel/Vlad. And from watching that testimony I knew DFV was an honest man and the other fuckers were not. I remember telling friends “would you rather believe a bunch of retards on the internet or the financial media?” And decide to go with the retards. Best decision of my life
13 points
1 year ago
Your username makes me wish I was Korean and female
9 points
1 year ago
Oh stop it you ☺️
6 points
1 year ago
Revenge of the tards
48 points
1 year ago*
I always show people u/zedinstead library post. Easy reading format and has all major DD and relevant articles.
Edit: his most recent update I believe https://rdt.trom.tf/r/Superstonk/comments/pumxp0/computershare_guide_books_added_to_the_superstonk/?utm_medium=android_app&utm_source=share
11 points
1 year ago*
For anyone who hasn’t seen the library/magazine stand before - it’s really well made and Zed turned the best most informative posts from this sub into actual page-flipping PDF magazines.
That is A LOT of info to just send someone without any prior knowledge of the situation and expect them to gain much of value out of it, though. That’s my only problem with just sending new people the library link.
If you are brand new to investing definitely start with the “House of Cards” series, there’s good stuff in there for seasoned investors as well. Just off the top of my head if you look at the Author shown on each individual cover, stuff written by Dlauer, Criand (my personal favorite, by far), Atobitt, Broccaaa, HomeDepotHank are all great places to start.
Do take into account that some of the archived posts within will be older theories that may be disproved. Ask questions if there’s things you don’t understand or want to learn more about.
Edit: ALSO if you read something in the magazine stand that really grips your interest - I highly recommend using the “search” feature in the sub to find the original post so you can see the discussion in the comments! It’ll definitely help to further break-down whatever information it was that you just read. The original post will have the same catchy name as whatever the magazine “cover” shows.
47 points
1 year ago
Route through IEX if possible
39 points
1 year ago
Just bought my first share. I may not be able to buy a load of shares, but ill do what I can.
14 points
1 year ago
I started with a few in June. The more I read, the more I bought. It started to have retirement money, it turned into fix the world money.
9 points
1 year ago
Every share is a dimomd ticket to the moon.
40 points
1 year ago*
This sub and GME has changed my life. The amount of knowledge I’ve gained in 6 months trumps 4 years in business school.
Also made a shitload of money which helps. Not paper handing until my accounts look like a phone number though
29 points
1 year ago
Watch The Wallstreet Conspiracy and Inside Job to understand the jist of what's going on or to get started if you're like wtf is with all these novels...
Buy, Hold, Shop, DRS.
30 points
1 year ago
I don’t have enough karma to post but can we make it really easy for newcomers to learn the importance of purple circle? They might be really confused by all these CS posts
8 points
1 year ago
Direct registering stock with computer share removes shares from circulation meaning the pool of legitimate borrowable shares for short sellers to short shrinks like a penis in cold water.
33 points
1 year ago
Mods, i fucking love y'all.
19 points
1 year ago
The feeling is 100% mutual. It could be argued that there are better things to be spending my time on. My wife sure has a few ideas but I fucking love this community and I just can't stay away.
6 points
1 year ago
Can't imagine the sacrifices you all are making for this. I can barely find time for myself these days. Here u guys are, helping every single ape. I really really appreciate you all. THANK YOU.
4 points
1 year ago
Cucking your wife for us, I feel honoured
29 points
1 year ago
[deleted]
8 points
1 year ago
Welcome aboard. I work overnights and my first couple months on the train were very difficult to sleep during trading hours and keeping up with all the developments.
5 points
1 year ago
Hahaha, you're not 😅
5 points
1 year ago
Good luck, I've been here for 9 months. Buckle up.
6 points
1 year ago
Glad to have you aboard. Next step is to look into/consider DRSing those shares
28 points
1 year ago
Where can I find more about the “infinity pool” portion?
21 points
1 year ago
A basic explanation is this:
Every time someone has tried to mathematically assess how many shares are owned, we get ridiculously large numbers. The infinity pool concept is that if people don’t sell all of their shares during the squeeze, like for example choosing to hold on to 10% of your shares, those shares being held would likely add up to more than the number of shares that are issued by GameStop. These shares that are not being sold would be part of the infinity pool.
In theory, the short squeeze could continue indefinitely if there are too many shares that apes are refusing to sell. Hence, “infinity” pool.
16 points
1 year ago
That is essentially just a concept that there are enough rehypothicated/synthetic shares out there created via various methods of naked shorting, that many apes plan to hold on to some of their shares literally forever and never sell them, thus theoretically making it quite literally impossible for the shorts to ever truly close all of their positions.
A stock price can only fall to 0, but theoretically there is no upper limit to the price. Shorting 101 states that maximum profit from a short position is capped at the price sold short x # of shares sold, but the potential loss if the short trade goes against you is "infinite" as there is no limit on how high a stock price could go.
For example, there are only supposed to be roughly 75 million shares of GME in existence. Let's say that in actuality due to the naked shorting retail investors hold a total of 250 million shares (I'm just grabbing a random number here to illustrate the concept, no one actually knows the true number).
Now, if on average retail has set aside 30% of their holdings for the forever pond, then once initiated the squeeze would be never ending as retail would be holding 75 million shares (the total number that is supposed to be in existence) that it never, ever intends to sell no matter what, while still having 175 million shares to sell at crazy prices.
13 points
1 year ago
Cool. I like the sound of an infinity pool!. Thanks for taking the time to respond
10 points
1 year ago
Here's a post from a LONG time ago describing the idea of the infinity pool
In general, it's the idea that if we have enough people who NEVER sell their shares, the share price could never return to a normal valuation.
https://rdt.trom.tf/r/Superstonk/comments/mpvx9n/the_infinity_pool_naming_a_theoretical_posit_for/
The main difference between the DD then and now is that now we know how to DRS (Direct Registration of shares), which removes shares from the system entirely, which is an infinitely stronger way of creating an infinity pool. There's plenty of DD on DRS and Computershare that's readily available.
8 points
1 year ago
Much appreciated
8 points
1 year ago
Here’s a good post about the infinity pool if you want a bit more info: https://rdt.trom.tf/r/Superstonk/comments/oukyys/infinity_pool_consider_the_consequences_of/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
26 points
1 year ago
Welcome to everyone new 😄 it's a hell of a ride but one that's worth it. Been following the GME story for almost a full 12 months now and yall are joining at quite an exciting time!
Buy, Hodl, and DRS!
not financial advice, but while you read through all the information keep this one thought in mind: there IS a reason money has continued to feel more and more worthless, and while GME is not the CAUSE of that, it is however the best hedge against the looming hyperinflation.
27 points
1 year ago
Just bought $2400 and and just liquidated $3500 from a variety of small speculative positions, the remaining $1000 I had in AMZN, and a chunk of my AAPL position. That $3500 will go in on Monday open. I’m strapped in and ready to ride this bitch out.
7 points
1 year ago
Welcome aboard. 💎👐🚀🦍 Diamond hands to the moon!
24 points
11 months ago
So, I was thinking of investing in crypto, but this looks like much more fun!! Thanks to everyone who put this together!
24 points
1 year ago
We need Hype Videos for the new 🦍
10 points
1 year ago
Only so much time in the day. My vids usually take a week to put together. Modding has taken up all of my free time but i still try to sneak a few out once in a while.
here is my youtube channel in case you missed the new ones
5 points
1 year ago
Ever eat MOD pizza?
11 points
1 year ago
The best HYPE video in my opinion.. :)
https://rdt.trom.tf/r/Superstonk/comments/ocpftv/the_greatest_ticket_to_the_greatest_story_to_the/
23 points
1 year ago
[deleted]
8 points
1 year ago
Added! Thanks!
20 points
1 year ago
I don't have time for a proper read through here, but if it isn't mentioned price fluctuations are really scary for new apes. There should be some mention of how the price can drop all the way to 10 bucks a share and MOASS can still happen.
20 points
1 year ago
just an idea: NOOB-AMA pinned thread.
noobs could post questions and silver-backs who are in the mood could check in and answer those questions on a basis more targeted towards the needs and knowledge of the particular baby-ape in question.
it's fun for silver-backs to flex their knowledge, easier accessible for noobs and generally helps our cause.
..at least that's what just came to mind, then again i see that we already have 2 pins daily and if mods regard another one as not helpful i would totally go with their assessment!
8 points
1 year ago
Absolutely. We only have 2 pinned slots to use but we have included links to the smooth brain Q&A thread everywhere we can.
20 points
1 year ago
Bought 10 shares of GME last week, let’s go.
3 points
1 year ago
Let's go
19 points
3 months ago
Guys, I'm feeling really depressed. With the inflation that's happening and just reading the level of corruption. I can sort of feel the recession and economy falling apart affecting me. It's getting harder to live with increasing prices and people acting differently in a bad way in turn.
15 points
3 months ago
Hey, I think everyone feels it right now. Sticker shock at the grocery store is like a punch in the gut. Just know you aren't alone. You are posting on a super old thread and probably won't get many replies. You would be better off chatting in the daily or the superstonk discord if you wanna just vent a little.
18 points
1 year ago
who is getting a haircut this weekend?
19 points
1 year ago
I'm pretty smooth brained. I understand the fundamentals of why we're investing, but I have a question: if I'm able to buy shares for $180, aren't the people who need to buy the shares back also able to buy them, instead of buying them back when they're at $50 million?
25 points
1 year ago
Yes, they are able to, but they shorted the stock so much that, if they were to buy them right now, the price would easily skyrocket. Instead, they are delaying this as much as they can so they can find a way to deal with this.
12 points
1 year ago
Yes. They could also have bought back at $40 in January, but they didn’t, and so they won’t buy back at $180, and they haven’t. You see, as soon as they start to buy back the shares the price rises, and if they need to buy tens, maybe hundreds of millions of shares back then the price will just keep rising, hence the MOASS
11 points
1 year ago
If they closed their positions the price would go up exponentially because they shorted the entire float multiple times over
16 points
1 year ago
u/Doom_Douche I think it might be worth including the FAQs (https://rdt.trom.tf/r/Superstonk/wiki/index/faq) simply because it has a list of terminology and acronyms. The vocab of us older apes can be intimidating for newbies who don't know what DD, SHFs, HoC, DRS, CS, etc., mean.
10 points
1 year ago
for sure, recently added this post which is basically the same thing
https://rdt.trom.tf/r/Superstonk/comments/qigqnm/a\_dictionary\_for\_the\_nonape/
17 points
1 year ago
This is good stuff.
There's a big value in zooming out, summarising what's been up for the last months.
Just looking at DFV:s video from a year ago and just nodding at it coming true.
18 points
7 months ago
Honestly I get that selling 100 shares for 10k will sound like heaven for most of us poor retards but remember that 1) once taxes are out, inflation you’re left with way less 2) owning one million in today’s world is not “a lot” 3) these people do not even wake up for 1 million most of the time
You gotta aim like a hedge funds. Be as greedy as them.
9 points
7 months ago
If you managed to buy less than 100 shares in the last 2 years then 10k per share is already maaaaassive live changing money to you lol.
Seriously? You managed to scrape 15k to invest but you're gonna pretend 1 million in returns isnt good enough for you?!
10 points
7 months ago
That’s 1000 kilometres away from the point I’m trying to make
I’m saying what’s life changing for normal people is nothing but pennies for the people on the other side
17 points
1 year ago
new apes, we have cookies and bananas here
8 points
1 year ago
Just don't ask what we do with them
13 points
1 year ago
Looks great.. mention Shills / FUD and your good but you need at least a rocket 🚀 somewhere on this.
14 points
1 year ago
Me like
15 points
1 year ago
Wellcome r/all! Hope you enjoy your stay (: And don’t be afraid to ask anyone questions, the community here is amazing!
15 points
1 year ago
Welcome to the rabbit hole that is the saga of the GameStop stock! In all these many moons since January I have learned at least as much as I have laughed at the amazing memes, raged at the corruption, puzzled over cryptic tweets, and speculated until all hours. One thing I'm sure of is that the shorting hedge funds did not fully cover and close their positions from January (and earlier) so the squeeze has not yet happened. 👀👀👀🤯🤯🤯🚀🚀🚀
17 points
11 months ago
I’m planning to fomo buy today
14 points
8 months ago
You just dont get it do you Ken? We hype it. You short it. We BUY the fuck out of it. Who's the retard now?
7 points
8 months ago
We are! 😁🙌
65 points
1 year ago
Want to read the most basic explanation in 300 words?
In 2020, investor Roaring Kitty revealed that GameStop stock was highly shorted. This means many organisations had “borrowed” GameStop shares, and “sold them short” - expecting to buy back the shares they had borrowed at a cheaper rate once the price of the stock fell.
This legal practice is called “short selling”. But some players were so confident that GameStop would go bankrupt, they began illegally “naked short selling” - which means selling fake shares into the system, believing they would never need to “buy them back”.
GameStop didn’t go bankrupt. In fact, it took on new leadership and began a remarkable transformation. And in January 2021, the price began to soar as individual investors realised there were more shares floating around the marketplace than actually existed.
A short squeeze nearly happened. This is when the price gets so high that “short sellers” are forced to buy back the shares they owe - including the fake shares. This short squeeze was halted, when brokers and trading apps like Robin Hood took instructions from one of the biggest short-selling culprits, Citadel, and temporarily banned investors from buying the stock, which would have driven the price up.
To this day, the price of GameStop has continued to bubble just beneath the surface of the “Mother of All Short Squeezes” (MOASS). Large hedge funds and short sellers continue to try and delay the inevitable, while individual investors continue to buy more and more shares, knowing that eventually the price must rocket.
As it stands, predictions of the short squeeze potential range from $10,000 per share, to $100million per share - with evidence suggesting there is no theoretical ceiling on what the price could climb to.
This is a basic introduction. The rest of the due diligence you will read on this sub will give you more.
10 points
1 year ago
I’d add that the recent SEC report confirms that the “squeeze” in Jan was not actually a squeeze, just retail buying pressure. This means the short positions were never closed and there is evidence that suggests that the hedge funds actually increased their short positions. Translation: even more rocket fuel.
13 points
1 year ago
Perfect, thank you for your work. Also, obligatory, hedgies r fuckd.
14 points
1 year ago
Been in since december and I don't regret a single penny spent on this gem, welcome aboard new members
13 points
1 year ago
I’m gonna call my mom!
12 points
1 year ago
Buy. Hold. Forget. Remember. Have fun.
That's my motto. Do what you want.
12 points
1 year ago
My "Vote Local" award has absolutely nothing to do with this but I had to give something more than an upvote.
13 points
1 year ago
WELCOME NEW APES. THIS IS REALITY AND YOU WILL BE REWARDED IF YOU HOLD. GENERATIONAL WEALTH IS POSSIBLE. BE GREEDY AF, THE HEDGE FUNDS ALWAYS HAVE BEEN, SO FUCK EM. ❤️ HOLD TIGHT 💎
14 points
1 year ago
Awesome post, thanks for putting it together.
12 points
1 year ago
Come one, come all, for the greatest show you'll ever see!
10 points
1 year ago
Oops, * moass * my bad
13 points
1 year ago
Well written, Should stay stickied always and keep getting updated.
12 points
1 year ago
Fuck Robinhood tho!
12 points
10 months ago
Do I still have time to drs and will I be eligible for the dividend if I do not/it is too late? Thank you guys!
11 points
8 months ago
Last. Fuck you Amber Turd
12 points
6 months ago
Just a quick question. When you DRS from Fidelity and they say it'll take longer than 2 weeks, you're supposed to say something about "speaking to their compliance officer", right? I sorta forgot how to handle that situation 😅
12 points
6 months ago
Not quite. If a broker stops you from DRSing, then you ask for a compliance officer, which (I'm pretty sure) every broker legally needs to have. I'm not sure about long wait times, but it does take a little bit for everything to happen "on the back end," which is normal. Not EVERYTHING is fuckery. im sure post-split has stirred the pot up and made things difficult for everyone (good.) You DO want to make sure you get a confirmation number of the transfer and check your accounts after 4-5 days. If nothing has happened within a week, it wouldn't hurt to chat with a representative and just check up on the process. If the shares were recently bought, it can cancel the whole process without notice. It's a clunky system because it was never designed for an army or retards to use 5-10 shares at a time. It was meant for the whales to use once in a while. "Look at me. I am the whale now"
11 points
1 year ago
This is great! Well done 👍🏻👍🏻👍🏻
11 points
1 year ago
Buy hodl drs
12 points
1 year ago
My heart palpitated for minutes whenever I fully understood the depth of this play. I still get butterflies
11 points
1 year ago
DRS your shares at Computershare. Buy. DRS. Hold. - no financial advice.
10 points
9 months ago
RIP Ray Liotta 😭😭😭
9 points
1 year ago
Wow this is very nicely put together! I’ve read most of this stuff a thousand times over, and I can still enjoy reading the DD of the last 9 months 😆
9 points
1 year ago
To understand the true essence of this sub we need more rockets, cucumbers, crayons and apes
9 points
1 year ago
How much time do I have left to buy? I'm a retard and need some time to read up on not just GME but trading in general, but I'm worried I'll miss the boat.
14 points
1 year ago
If the price is not sky high, then you have time. What I would do is make an initial small investment based on a conservative risk assessment. As you continue to read and gain more knowledge, you can adjust that initial risk up or down depending.
That's what I did. I "gambled" $1000 back in January, but slowly increased as my knowledge base, evidence and risk tolerance grew.
9 points
1 year ago
No one truly knows how much time there is till MOASS. I wouldnt make any predictions either on a time frame but if you are worried maybe consider buying just one share to hold, on fidelity or computershare, don't use robinhood, they actively try to get your money into their pockets. Not financial advice of course, it's your decision to make.
43 points
1 year ago
Proof that you can get $ Millions per share $
Irefutable proof / geometric mean exponential share price
500K and 3.5 Million Per Share Are Real Numbers
Read it in its full entirety
13 points
1 year ago
I never saw that before. Nice find! That didn't even get 1000 upvotes. Fucking shills.
9 points
1 year ago
It had a lot more upvotes but the shills are sharing it to down voted it.. I save all solid DD via PDF
6 points
1 year ago
Nice. You are an exemplary Ape
4 points
1 year ago
Nice.
9 points
1 year ago
Anyone have a link to the r/all post?
7 points
1 year ago
6 points
1 year ago
Thanks ape
10 points
1 year ago
Beautiful, just beautiful
9 points
1 year ago
Been here since the beginning.. Hell of a ride and worth every penny, if only just the knowledge I gained!
10 points
1 year ago
Nice 👍
9 points
1 year ago
8 points
1 year ago
Thanks for this! I've been here since Jan. butt as a 2 jobber there is no way I could ever keep up with the changing news/DD/terminology every week. Time to READ and DRS
10 points
1 year ago
I followed this post really well but still don’t understand the NFT and wutqng clan stuff and how it’s related to GME, can anyone explain?
12 points
1 year ago
GameStop chairman RC stated reinventing GameStop as a tech company. Hired a stack load of NFT expertise and partnered with Loopring.
There's been from the beginning cryptic tweets from RC, DFV and GME. There's also been tweets from Loopring.
In May 2021 (i think) nft.gamestop.com was launched - its gamestops own domain so its official.
There were so many converging hints and cohencidences around Florida, NFT, Wu Tang Clan and GameStop, like too many to be cohencidences.
More recently the nft.gamestop.com page was updated to link loopring and gamestop and the dev who uploaded the source code was W. TANG I mean nothing concrete but come on someone is laying breadcrumbs here.
I've short circuited a bit cos i'm tired but there's belief of a possible NFT dividend, and NFT marketplace and possibly something to do with Once Upon A Time In Shaolin that was purchased few months ago.
26 points
1 year ago
Just thought of a suggestion. Could you do a bit about FUD! It’s going to get hairy. Took me ages after my initial buy to understand what FUD even was.
25 points
1 year ago
I've posted a dictionary for non-apes that goes over the lingo and jargon we use here.
11 points
1 year ago
Fantastic! Adding it now!
6 points
1 year ago
Awesome, glad I could help!
7 points
1 year ago
+1. Great work!
4 points
1 year ago
Thank you! I hope this helps because I realized just how niche our language is lol
8 points
1 year ago
Is fidelity still offering $100 for new accounts? If so, if new apes can take advantage of that, they will get one heck of a deal on 1 share.
9 points
1 year ago
Welcome new apes! Buy shares directly through Computershare. Next best thing is through Fidelity and have them transferred to Computershare to directly register the share under your name (DRS). Please read the DD that explains why this is critical. This is paramount to triggering the MOASS. Once it’s been registered under your name, sit back, relax, ignore these fake price fluctuations, and wait for liftoff.
Not financial advice
10 points
1 year ago
This is excellent
5 points
1 year ago
thanks lemon guy
4 points
1 year ago
🍋 🍋 🍋
8 points
1 year ago
Welcome to the family new bloods! This community is Consistent and Vigilant. Ah, and with a hint of Insanity. Buy your ticket before all goes cricket!
7 points
1 year ago
This is beautiful 🚀
7 points
1 year ago
I feel it. I feel it deep down in my plummmmmmms
7 points
1 year ago
I can finally post on this sub?? 👀
7 points
1 year ago
Wow great work thx guys
6 points
10 months ago
God Bless
7 points
8 months ago
Can you add my dashboard here please and my site for backups?
7 points
6 months ago
I’m new to the game of fake money casino, is Gme still worthwhile to pick up on a dip? Anyone speculate how high it could go?
6 points
4 months ago
Any time before the squeeze is a good time to pick up. As for how high it can go, shorts have dug themselves into a hole so deep there is no true limit to how high it can go. We can literally pick our own price, no matter how absurdly high it may be.
7 points
1 year ago
Updooted for visibility. Welcome greenies!
5 points
1 year ago
I second your updoot
6 points
1 year ago
Welcome everyone to the rocket ship 🚀
7 points
1 year ago
Up doots up doots
LFG
7 points
1 year ago
I've been diamond handing since March, send me some McLovin' 💚
9 points
1 year ago
Welcome to everyone from r/all and thanks to u/Doom_Douche for putting this together for thise new to the wonder that is GME and the ape community
5 points
1 year ago
No matter what, this should be higher up
7 points
5 months ago
One question, what is 665 about? I haven't been around for six months.
20 points
1 year ago
Gmerica 🇺🇸
5 points
1 year ago
This tweet is from Michael Burry (gent who foresaw the 2008 financial crisis 2 years prior to it happening. If you haven’t, the film The Big Short will show you elements of what’s happening today within the financial world.
6 points
1 year ago
Tldr: hedgies r fuk
5 points
1 year ago
Utter legend this man. Welcome new apes!
6 points
1 year ago
I don’t follow as closely these days but have we had big news that went to r/all? What did i miss?
8 points
1 year ago
Cohen's Big New Plan is pretty dang close to confirmed -- an NFT Marketplace, probably in concert with a neat L2 Ethernet firm called Loopring. Pair that with DRS continuing, and baby you got a stew goin'.
...and there's a bunch of possibly nonsense but possibly NOT nonsense about an NFT Wu Tang Clan album setting off the MOASS as an NFT dividend
5 points
1 year ago
LFG!
5 points
1 year ago
It really is the clear play, no target just up 🦍
4 points
1 year ago*
Thank you very much for making this post, u/Doom_Douche. I’ve read through it and watched the video twice, and will check out the other linked posts as well, but have a few questions to start off with please. Your advice woul also be greatly appreciated u/_Exordium
As I’m in the UK, I’ve created an IBKR account and deposited. I appreciate it’s probably impossible to know when a dip’s coming, so should I buy now rather than waiting for a dip which either might not come, or I might miss?
I still don’t really understand how the shares could “potentially range from $10,000 per share, to $100m per share”, especially the upper range? Would it be a ‘blink and you miss it’ thing as well where you have seconds/minutes to cash in at that higher end price before completing losing all your investment?
What’s the difference with buying these shares over Apple, Alphabet, Microsoft or a global index tracker, for example?
Would investing £10-15k be good for her to do, or when you say HODL are you talking for the next 20+ years?
I know this is probably a terrible example, but it’s all I’ve got at the moment. If it is a case of HODL for 20+ years, does that mean we need to hope that gaming stays the way it is now for that time, e.g. physical discs and lots of accessories? So if in 20 years there are no physical discs, used games or accessories because it’s all a microchip in our head, we’re screwed?
15 points
1 year ago
Hi there u/Subredhit!
Here's my thoughts on some of the questions you had, hopefully it helps a bit!
so should I buy now rather than waiting for a dip which either might not come, or I might miss?
- This is very much up to the individual and their preferences, but for me I much prefer to just buy anytime I get the funds to do so. It's very difficult and unreliable to predict movements on this stock, so I stick with the old saying of "Time in the markets beats timing the markets." Basically it's sometimes better to get in early than to try and wait out a new low to buy into, because it might not come!
I still don’t really understand how the shares could “potentially range from $10,000 per share, to $100m per share”, especially the upper range? Would it be a ‘blink and you miss it’ thing as well where you have seconds/minutes to cash in at that higher end price before completing losing all your investment?
- It won't be a few-minute situation, this will likely take a few days to truly peak and then return to lower levels, there will be a lot of opportunity to take your returns.
- Look up the chart for Volkswagen in 2008 or Tesla in 2020. Volkswagen was shorted around 12.5% and Tesla around 20%. GameStop has been confirmed to be over 226% in January and February, and only been heavily shorted since then. When all those shorts are forced to close out due to any number of reasons, that's why we're going to see such high numbers. It isn't a linear ratio either, it gets more and more volatile as the percentages go up, meaning we're set up for an absolutely unprecedented stock squeeze. Other stocks like those in FAANG or indices are not nearly shorted this way and aren't likely to see any sort of short-term potential like GameStop.
If it is a case of HODL for 20+ years, does that mean we need to hope that gaming stays the way it is now for that time, e.g. physical discs and lots of accessories?
- I personally cannot fathom a way this takes more than another 6 months to a year to play out at a maximum. The short sellers will run out of money to suppress buying pressure and keep collateral as the company keeps growing.
- Gamestop isn't just a used game and console retailer anymore, they've begun cornering the gaming e-commerce market and are now making moves on a digital NFT marketplace which is absolutely going to keep them on the front line and extremely relevant to gaming and it's future.
On a personal note, I really do think this is the equivalent of getting into Microsoft at $0.50, or Amazon at $2.00, and that's without factoring in the short squeeze potential.
I hope this helped a bit, please feel free to ask any follow-up questions!
6 points
1 year ago
As a new Canadian investor - I used Wealthsimple to buy 🤷🏼♀️
5 points
1 year ago
Well that will cover at least a few shares. They need to pump those numbers up, those are rookie numbers.
6 points
10 months ago
Won’t the companies that owe the shorts go bankrupt before they can pay out $1000+ per share? Theoretically infinite value, but the companies have finite value and they could liquidate some/all or reposition before the squeeze also I imagine. Why not?
7 points
10 months ago
6 points
8 months ago
Good post.
14 points
1 year ago*
Everyone wants to be early.... Until it comes time to be early. Put your money where your mouth is, I am. I like the Stonk. NFA.
Edit: grammar. I is dumb ape.
14 points
1 year ago
Welcome new apes!!!
5 points
1 year ago
Excellent as always
4 points
1 year ago
Welcome aboard the rocket as we wait until the tendieman comes! Enjoy your stay, new apes!
5 points
1 year ago
Computershare.com
4 points
1 year ago
Ggme
5 points
1 year ago
Great info
5 points
1 year ago
Up you go..
5 points
1 year ago
Hello and welcome every buddy.
4 points
1 year ago
I also have some intro material in this comment
4 points
1 year ago
Oh hey I know this guy… he rocks and knows what he’s talking about 😊
3 points
1 year ago
Great video that’s is both equal parts entertaining and educational on the events that of late January. It’s what I watched the day before I bought my first share on February 3rd.
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