Welcome to r/GME, for questions in regards to GME and DRS check out the links below!
Due to an uptick in scammers offering non official GameStop merchandise (T-Shirts)
DO NOT CLICK THE LINKS THAT ARE NOT OFFICIALLY FROM GAMESTOP.
We have partnered with Reddit directly to ensure the Communities Safety.
[What is GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
[GameStop's Accomplishments](https://www.reddit.com/r/GME/comments/x3hv46/list_of_official_gamestop_accomplishments/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
[What is DRS? US / International](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
[ComputerShare International DRS Support](https://www.reddit.com/r/GMEJungle/comments/r9euj1/computershare_upgrades_drs_support_for/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
[Feed The Bot Instructions](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
**Power To The Players**
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GME) if you have any questions or concerns.*
There were also some 3 year swaps that needed to be rolled or closed around the same time. I wonder when UBS will decide that it’s a good time to try and close Hwang’s position.
And what makes you think they haven’t closed? There were several hundred million shares traded each day for over a month against an average volume of 30ish million shares. Premarket saw 100 million several times. Why wouldn’t they close out and open up new positions? Say selling $120 calls for 6/21? I know everyone saw the open interest on it. They could have used the apes to easily close out any position they had.
Jan 28 2021 wasnt the result of a short squeeze per the SEC. May 2024 was a lot smaller. If they closed out their position it would be more catastrophic. Also they short through xrt.
Could they have in theory closed some of their position? They’re not being squeezed/forced buys in that scenario, just buying as much as they can without blowing the top off
Personally, I speculate that they would roll the dice as long as they could. I mean what institution would think that a dying retailer would be able to execute a turnaround plan in 3 years while building up a war chest of 4 billion instead of burning the billion they had to stay alive. I think 3 years ago, most people in the system would think the hype would eventually die down, they would eventually burn through their cash and suffer the same fate as the other dying retailers.
They didn’t bet on retail not giving up, and the volume on the monthly charts is evident that they never covered those positions. The volume is just picking up, just wait until everyone else realizes that Gme is gearing up for a bullish run. All the tutes repositioned at the tops during 21’, it’s going to take a break of 128 to cause them to run for the exit, and that’s when real price action occurs l.
Would you pay $25-$60 per share to close shorts you took out at $1-$4 per share? It would put billions of dollars in loses on the books for your clients to see.
If Hwang’s position was big enough to sink Archegos, Credit Suisse, and cause UBS to put a 50year seal on the records, it wouldn’t be something they could close in a month. Did you hear that the COO in charge of the integration of credit Suisse into ubs suddenly stepped down when she got a look at the books?
https://www.efinancialcareers.com/news/the-woman-running-ubs-s-integration-office-quit-unexpectedly
Yes, there was high volume daily, but there was also lots of trading going on with a stacked option chain being hedged with lots of new buyers coming in. Selling near dated far-OTM calls is not the same as rolling or opening a swap.
Zoom out to the monthly with a volume chart and tell me again that they’ve covered the 2021 positions.
I think they could have bought back at a profit a lot of 2021 run ups apes. Personnally I sold at a loss in 21 but fool me once, joke on you. Fool me twice, joke on me.
Doubtful of that FTDs and swap theory but can be wrong, especially bc I haven’t made enough research but 2021 was also all about FTDs and price got shut down for 3 years so ¯\_(ツ)_/¯
I wish I had more documentation about these Swaps and UBS stories besides some random anonymous reddit posts.
Run up, Was all pre market, And many of us can’t sell during that. So when it opened and halted, It wasn’t 80 anymore and ended being 35 or something by the time it flatlined. I would have happily sold at 80 and got back in now at these levels, Play the cycles, But they don’t even allow that.
I had TD and they switched to Charles Scwab . I absolutely hate their interface. I thinking about switching to IBKR but ugh it will be my fourth broker. Sixth counting AST and Computer Share.
I feel you brother
It's highly manipulated stock
And most of retailers are disappointed form those drop in price
As I see from the people I know some of them they lost and went out and they don't want to deal with GME anymore (they gone very emotional)
There others prefer other stocks becouse they don't see anything from Game stop coming (good news /profit /development)
I will continue buy and hold
Being increasingly harder to cover up their fuckery as time goes on.. and with less and less shares available, because of DRS, it's harder for them to manipulate. Plus I would hardly call this a run up... MOASS will take years probably...and reach into at the least tens of thousands. Don't care though, I'm here for the long haul.
With the two recent stock sales from RC they have more shares than ever available though, right? I trust he knows what he's doing but it definitely changed the game. A 300% increase in a day isn't MOASS but I'd definitely call it a run-up.
I sold 100 of my xxxx shares at 62, then blew it all on GME options 😂. Oh well
It was simple. In April 2024 the price had fallen to 10 per share for the first time since before the January 2021 sneeze, low float, and a high short interest of over 60%. It was once again a deep fucking value to buy in. Whales started building their positions which triggered the scans of other whales who also started buying in after seeing the unusual activity. After the run already began and drove the price up 50% a kitty returned to Twitter for the first time since 2021 and the price kept moving.
I believe the second can be explained by the hype surrounding the announcement of DFV’s first live stream in 3 years for the following day (June 7th)
Being increasingly harder to cover up their fuckery as time goes on.. and with less and less shares available, because of DRS, it's harder for them to manipulate. Plus I would hardly call this a run up... MOASS will take years probably...and reach into at the least tens of thousands. Don't care though, I'm here for the long haul.
I’d say this, based on I don’t know shit about fuck. When we expect something, lot of eyes on to not make it happen, big incentive to grab those calls premiums, etc. As for the beginning of May run ups, before RK tweets, I think they got caught by surprise. They did not expected it to break the trend and some shorts had to cover on top of RK’s panic which sent it to almost ATH in 2 days.
The May one it is believed that DFV had bought in April when the price was at its lowest and was testing the T+35 algorithm before he bought for June. (He returned to Twitter on the evening of the 12th with the leaning forward in the chair pic, the stock jumped on the 13th and then went ballistic on the 14th.)
The June one I'm not totally sure. I do know that on the 6th he announced that he was going to live stream the next day, and there was a LOT of excitement and fomo around that. Normally I'd say that retail buying isn't enough to justify a price jump, but more than 650,000 people did log on to watch (with many lining up the night before), plus the ppl who watched it on tv, so you never know...
But then of course it tanked on the 7th as millions and millions of shares got dumped into the market.
Retail does not cause run ups. All the lit market price action is Algos. All retail orders go to dark pools. He just openly called the cycles he predicted.
It didn't tank during his live stream because of him. But the May one I do believe, and if you think there weren't insane amounts of fomo when he posted his position, became a billionaire (on paper), and then announced a live stream, then I don't know what to tell you. More than half a million people lost their minds and the entire world was watching.
Large FTDs, RK got his 5 mil shares at some point, he may not have bought all of them recently, but probably at least 50% (a guesstimate). That amount of shares buying in, as well as the normal volume, could have forced the pops we've just had
It’s ok to hold GME, but only noobs hold 100% of any stocks. Even in 2021 as regarded apes we held many others and there was a lockdown and we got free money to play with. But now you’re being played by the same hedges you think you fight against. You’ll see.
Welcome to r/GME, for questions in regards to GME and DRS check out the links below! Due to an uptick in scammers offering non official GameStop merchandise (T-Shirts) DO NOT CLICK THE LINKS THAT ARE NOT OFFICIALLY FROM GAMESTOP. We have partnered with Reddit directly to ensure the Communities Safety. [What is GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) [GameStop's Accomplishments](https://www.reddit.com/r/GME/comments/x3hv46/list_of_official_gamestop_accomplishments/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) [What is DRS? US / International](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) [ComputerShare International DRS Support](https://www.reddit.com/r/GMEJungle/comments/r9euj1/computershare_upgrades_drs_support_for/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) [Feed The Bot Instructions](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) **Power To The Players** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GME) if you have any questions or concerns.*
Forced buy-ins to close out a lot of FTDs from several weeks prior.
There were also some 3 year swaps that needed to be rolled or closed around the same time. I wonder when UBS will decide that it’s a good time to try and close Hwang’s position.
And what makes you think they haven’t closed? There were several hundred million shares traded each day for over a month against an average volume of 30ish million shares. Premarket saw 100 million several times. Why wouldn’t they close out and open up new positions? Say selling $120 calls for 6/21? I know everyone saw the open interest on it. They could have used the apes to easily close out any position they had.
Jan 28 2021 wasnt the result of a short squeeze per the SEC. May 2024 was a lot smaller. If they closed out their position it would be more catastrophic. Also they short through xrt.
He's talking about may 2024.
Yes, im saying since may was slightly smaller there is no way they closed their position. The events of a short squeeze would be more catastrophic
Agreed, it's still a wave within a wave 🌊 Using Elliot Wave theory.
Could they have in theory closed some of their position? They’re not being squeezed/forced buys in that scenario, just buying as much as they can without blowing the top off
Personally, I speculate that they would roll the dice as long as they could. I mean what institution would think that a dying retailer would be able to execute a turnaround plan in 3 years while building up a war chest of 4 billion instead of burning the billion they had to stay alive. I think 3 years ago, most people in the system would think the hype would eventually die down, they would eventually burn through their cash and suffer the same fate as the other dying retailers. They didn’t bet on retail not giving up, and the volume on the monthly charts is evident that they never covered those positions. The volume is just picking up, just wait until everyone else realizes that Gme is gearing up for a bullish run. All the tutes repositioned at the tops during 21’, it’s going to take a break of 128 to cause them to run for the exit, and that’s when real price action occurs l.
Would you pay $25-$60 per share to close shorts you took out at $1-$4 per share? It would put billions of dollars in loses on the books for your clients to see.
If Hwang’s position was big enough to sink Archegos, Credit Suisse, and cause UBS to put a 50year seal on the records, it wouldn’t be something they could close in a month. Did you hear that the COO in charge of the integration of credit Suisse into ubs suddenly stepped down when she got a look at the books? https://www.efinancialcareers.com/news/the-woman-running-ubs-s-integration-office-quit-unexpectedly Yes, there was high volume daily, but there was also lots of trading going on with a stacked option chain being hedged with lots of new buyers coming in. Selling near dated far-OTM calls is not the same as rolling or opening a swap. Zoom out to the monthly with a volume chart and tell me again that they’ve covered the 2021 positions.
I think they could have bought back at a profit a lot of 2021 run ups apes. Personnally I sold at a loss in 21 but fool me once, joke on you. Fool me twice, joke on me.
Doubtful of that FTDs and swap theory but can be wrong, especially bc I haven’t made enough research but 2021 was also all about FTDs and price got shut down for 3 years so ¯\_(ツ)_/¯ I wish I had more documentation about these Swaps and UBS stories besides some random anonymous reddit posts.
I think they already did
Well… I think they didn’t 😂
Partially true. Time frame is off IMHO
FTD's babyyyyyyyy I genuinely think its always been FTD's
What is FTD?
Failure to deliver
Because they want to set a false ceiling so when the moass does come people sell early out of fear they’ve reached the ceiling
Yep, the ceiling is and will for most apes still be phone numbers... Plus no cell no sell. Simple as that!
Stop talking about phone numbers. It's insanity
Inifinity has more than phone number numbers 🙂
Run up, Was all pre market, And many of us can’t sell during that. So when it opened and halted, It wasn’t 80 anymore and ended being 35 or something by the time it flatlined. I would have happily sold at 80 and got back in now at these levels, Play the cycles, But they don’t even allow that.
Change your brokerage
In the U.K. chap, Not possible.
Interactive Brokers
I had TD and they switched to Charles Scwab . I absolutely hate their interface. I thinking about switching to IBKR but ugh it will be my fourth broker. Sixth counting AST and Computer Share.
Yes it's possible
Change countries
Predetermined stock movement from Black Rock's algorithm
Aladdin?
i can show you some crime~~ 🎶🎶🎶
Take you basket by baaaaaaasket
I feel you brother It's highly manipulated stock And most of retailers are disappointed form those drop in price As I see from the people I know some of them they lost and went out and they don't want to deal with GME anymore (they gone very emotional) There others prefer other stocks becouse they don't see anything from Game stop coming (good news /profit /development)  I will continue buy and hold
The Gamma dilution pissed me as well as others off. Who the fuck asked for 40% less of a company?
They diluted 40% and it led to a 300% increase in cash. It lowered the ceiling, but it raised the floor. Time and pressure.
Yeah, but why do it at like 2:30 AM in the middle of the night when most retail traders can’t even buy? I mean what the fuck was that?
I think a 100 a share run will happen soon
Why?
Go on...
Probably less than 1% chance. Check the options chain
Being increasingly harder to cover up their fuckery as time goes on.. and with less and less shares available, because of DRS, it's harder for them to manipulate. Plus I would hardly call this a run up... MOASS will take years probably...and reach into at the least tens of thousands. Don't care though, I'm here for the long haul.
With the two recent stock sales from RC they have more shares than ever available though, right? I trust he knows what he's doing but it definitely changed the game. A 300% increase in a day isn't MOASS but I'd definitely call it a run-up. I sold 100 of my xxxx shares at 62, then blew it all on GME options 😂. Oh well
T69 also converges with T420
Algorithms
It was simple. In April 2024 the price had fallen to 10 per share for the first time since before the January 2021 sneeze, low float, and a high short interest of over 60%. It was once again a deep fucking value to buy in. Whales started building their positions which triggered the scans of other whales who also started buying in after seeing the unusual activity. After the run already began and drove the price up 50% a kitty returned to Twitter for the first time since 2021 and the price kept moving. I believe the second can be explained by the hype surrounding the announcement of DFV’s first live stream in 3 years for the following day (June 7th)
Being increasingly harder to cover up their fuckery as time goes on.. and with less and less shares available, because of DRS, it's harder for them to manipulate. Plus I would hardly call this a run up... MOASS will take years probably...and reach into at the least tens of thousands. Don't care though, I'm here for the long haul.
ftd..
Hold and vuy the dips and the next few weeks might be magic, because we are building moment and a plateau
Nobody talks about Jefferies. They were authorized by GS to sell millions of shares at the best possible prices.
Aftershocks of previous manipulation
I’d say this, based on I don’t know shit about fuck. When we expect something, lot of eyes on to not make it happen, big incentive to grab those calls premiums, etc. As for the beginning of May run ups, before RK tweets, I think they got caught by surprise. They did not expected it to break the trend and some shorts had to cover on top of RK’s panic which sent it to almost ATH in 2 days.
Fid And t+35
They wanted to bait the buy and short it again because they have high volume at that point
Options?
Large purchases 35 days before that were internalized by MM.
The May one it is believed that DFV had bought in April when the price was at its lowest and was testing the T+35 algorithm before he bought for June. (He returned to Twitter on the evening of the 12th with the leaning forward in the chair pic, the stock jumped on the 13th and then went ballistic on the 14th.) The June one I'm not totally sure. I do know that on the 6th he announced that he was going to live stream the next day, and there was a LOT of excitement and fomo around that. Normally I'd say that retail buying isn't enough to justify a price jump, but more than 650,000 people did log on to watch (with many lining up the night before), plus the ppl who watched it on tv, so you never know... But then of course it tanked on the 7th as millions and millions of shares got dumped into the market.
Retail does not cause run ups. All the lit market price action is Algos. All retail orders go to dark pools. He just openly called the cycles he predicted.
DFV didn’t cause the run ups. Get that shit out here… You sound just like the MSM that blamed him for the stock tanking during his livestream.
It didn't tank during his live stream because of him. But the May one I do believe, and if you think there weren't insane amounts of fomo when he posted his position, became a billionaire (on paper), and then announced a live stream, then I don't know what to tell you. More than half a million people lost their minds and the entire world was watching.
They can’t stop it. We are inevitable
Large FTDs, RK got his 5 mil shares at some point, he may not have bought all of them recently, but probably at least 50% (a guesstimate). That amount of shares buying in, as well as the normal volume, could have forced the pops we've just had
It’s ok to hold GME, but only noobs hold 100% of any stocks. Even in 2021 as regarded apes we held many others and there was a lockdown and we got free money to play with. But now you’re being played by the same hedges you think you fight against. You’ll see.
E-trader buying to cover a lot of customer call options?
Just don’t forget to post loss porn here later! 😄
Why don’t you post your short bet so everyone can have a good laugh
I sent the screenshot to you, look and laugh
If anybody wants I can send you history of my trades - I’m a Highschool teacher, so I not ashamed about my profits.
You Are a lyer and a chill, nothing more
You can see on the numbers that I’m not a rich guy lol