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Message

re: GME is going wild because Roaring Kitty posted a photo on X after 3 years of silence

Posted on 5/15/24 at 5:42 pm to
Posted by jangalang
Member since Dec 2014
36820 posts
Posted on 5/15/24 at 5:42 pm to
quote:

GME is going wild because Roaring Kitty posted a photo on X after 3 years of silence

Sounds about right
Posted by slackster
Houston
Member since Mar 2009
85188 posts
Posted on 5/15/24 at 5:59 pm to
quote:

You do know they just had a full positive year, don't you? I guess you don't. lol


I’m sorry, they had $6.7 million in profits for the trailing twelve months. They made more money sitting in a money market account than they have as a company for 6 years.
This post was edited on 5/15/24 at 6:53 pm
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73329 posts
Posted on 5/15/24 at 6:22 pm to
quote:

You boys are better off going to the casino


meh. you will eventually lose on table games but who knows i may have done better doing my sports betting. good point.
Posted by kc8876
Member since May 2012
2957 posts
Posted on 5/15/24 at 6:36 pm to
quote:

GameStop is just one and I think they are a deep value stock


Lol, hard to believe people like you exist
Posted by saint tiger225
San Diego
Member since Jan 2011
37422 posts
Posted on 5/15/24 at 7:47 pm to
quote:

SDVTiger

I was driving by the motel 6 out here by the airport and saw they put up a statue of you...


Congrats!
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26062 posts
Posted on 5/15/24 at 8:27 pm to
Looks like GME is officially done now. Down over 16% after hours right now and dropping like a rock. This thing might open up in the low 20's.
Posted by saint tiger225
San Diego
Member since Jan 2011
37422 posts
Posted on 5/15/24 at 8:37 pm to
It's unfortunate there's no correlation between the number of tweets from grifters and the stock price or else this thing would be booming still.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74461 posts
Posted on 5/15/24 at 8:37 pm to
You just continue to embarrass yourself along with confirming the brass rail is your go to on the weekend

Cant really deny it anymore

Posted by saint tiger225
San Diego
Member since Jan 2011
37422 posts
Posted on 5/15/24 at 8:54 pm to
Have you ever seen a reputable company have to tell investors how to prevent people from using their shares to short the stock on their website?




Posted by BuckyCheese
Member since Jan 2015
50054 posts
Posted on 5/15/24 at 8:57 pm to
quote:

Looks like GME is officially done now. Down over 16% after hours right now and dropping like a rock. This thing might open up in the low 20's.


This afternoon;

quote:

I see a close of $43 and an after hours run up to $59-61. Lot of momentum right now after rising from the ashes today.


As I recall yesterday you said it would go to $65 by 2:30pm.


Work on your prognostication skillz.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74461 posts
Posted on 5/15/24 at 9:36 pm to
Nice attempt at a deflection. Sad

Why havent you been updating what the stock price is?
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26062 posts
Posted on 5/15/24 at 9:38 pm to
quote:


quote:
Looks like GME is officially done now. Down over 16% after hours right now and dropping like a rock. This thing might open up in the low 20's.


This afternoon;

quote:
I see a close of $43 and an after hours run up to $59-61. Lot of momentum right now after rising from the ashes today.


As I recall yesterday you said it would go to $65 by 2:30pm.


Work on your prognostication skillz.


Hedging my bets and hope that one of those two comes true.
Posted by saint tiger225
San Diego
Member since Jan 2011
37422 posts
Posted on 5/15/24 at 9:53 pm to
First, I must commend you on your response in the FBI/Pride parade thread. Well done.

Second, the stock is currently around $53/share, which is still $26/share short of when you were pumping it saying it was going to the moon.

That said, I'm sure even you understood most of our convo wasn't really concerned with the stock price, as this is common for meme stocks, but more about the fact this company went public to take advantage of mentally cucked mental midgets like you. It's ok for you to admit Trump is using you and about 95% of your ilk on the poliboard for his personal gain and doesn't GAF about you or policies that would help people like you.

We're all still waiting for you to explain to us how this business is solid and has a plan for the future other than a cheap power point slide, but that would require you to be something more than a troll.
This post was edited on 5/15/24 at 9:54 pm
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26062 posts
Posted on 5/15/24 at 10:35 pm to
I believe the play taking place right now is the push for a major short squeeze. GME and AMC short sellers have lost over $69.42 billion dollars in the last 48 hours. In GME alone the short interest is approximately 27% of its float (the 27% is from the official FINRA numbers from April 30th which was 16 days ago).

The Options Clearing Corporation said that over 1.58 billion dollars of Gamestop are now currently on loan which was 10.56% of GME's market cap. There are reports coming out tonight that the number of GME shares borrowed is now 3.1 billion. This is important because this number exceeds the total number of shares GME has available.



The high level of short interest and the rapid increase of GME's stock price could lead to a situation where the short sellers are forced to buy back their shares to cover their positions. Here is the problem for the short sellers--GME doesn't have enough stock for them to buy and there aren't enough sellers of the stock which is why the retail investors are holding GME right now. This could very likely trigger a situation where those short sellers are now forced to pay for overinflated shares in order for them to cover their positions.

This is what took place in 2021 with GME and right now if the shorts can't get the GME stock price down significantly its going to happen again.

It is also very likely that someone major becomes insolvent too which is why you are seeing all of the trading halts on GME stock, Robinhood maintenance BS, and PR assault on the retail investors who are aware of what is actually taking place.

I haven't not looked at DJT stock but suspect it may be on a similar course as GME.
This post was edited on 5/16/24 at 2:14 am
Posted by GhostOfFreedom
Member since Jan 2021
11842 posts
Posted on 5/15/24 at 11:28 pm to
Not that this will change the minds of any of you GME haters, but increase volume and price started before KG began tweeting.

Loading Twitter/X Embed...
If tweet fails to load, click here.
Posted by slackster
Houston
Member since Mar 2009
85188 posts
Posted on 5/16/24 at 1:36 am to
quote:

The Options Clearing Corporation said that over 1.58 billion shares of Gamestop are now currently on loan which was 10.56% of GME's market cap. There are reports coming out tonight that the number of GME shares borrowed is now 3.1 billion. This is important because this number exceeds the total number of shares GME has available.


You don’t understand what you’re reading, or you’re being intentionally misled on Twitter.

Those are dollar amounts, not shares. It’s even in the community notes on the post on X, but you’re intentionally ignoring it.

quote:

It is also very likely that someone major becomes insolvent too which is why you are seeing all of the trading halts on GME stock, Robinhood maintenance BS, and PR assault on the retail investors who are aware of what is actually taking place.


Simply incorrect, but again, I’m not sure anyone actually cares about the truth. The entirety of GME part II is built on misleading and often flat out wrong statements, so I don’t see why you’d change now.
Posted by BabyTac
Austin, TX
Member since Jun 2008
12327 posts
Posted on 5/16/24 at 6:16 am to
The younger generation is so misinformed mostly because they don’t have the mental capacity to actually do research. They’d rather read a tweet with conviction and move blindly then blame the government for their shitty situations.

Learn how to earn things!
This post was edited on 5/16/24 at 6:17 am
Posted by gizmoflak
Member since May 2007
11670 posts
Posted on 5/16/24 at 6:47 am to
An explanation of the halts for those that don't know...

Posted by el Gaucho
He/They
Member since Dec 2010
53171 posts
Posted on 5/16/24 at 9:09 am to
Y’all buy gwav
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74461 posts
Posted on 5/16/24 at 9:29 am to
I appreciate your kind words. The rest is just you lashing out of stupid

quote:

That said, I'm sure even you understood most of our convo wasn't really concerned with the stock price, as this is common for meme stocks, but more about the fact this company went public to take advantage of mentally cucked mental midgets like you. It's ok for you to admit Trump is using you and about 95% of your ilk on the poliboard for his personal gain and doesn't GAF about you or policies that would help people like you



You ppl cannot resist and just continue to prove me right
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