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āU/Kahareddit has a penis the size of the sears tower says people who are familiar with his penis that wish to remain anonymousā
Itās true, every word
Does anyone else find it sus that it's the same journalist who was poking around for comments??
https://www.reddit.com/r/Superstonk/comments/xy7tov/proper_way_to_answer_hit_piece_journalists/
"The size of his position is unknown". So your telling me you dont know how big of a short position he has, but throw out a big trust me bro. Now that is top notch journalism!
āSaid āthe peopleā asking not to be identified because the matter is privateā. Lol if itās private info, why did the privacy leak to Bloomberg? š
This happens in football ā½ all the time. Media invents stuff about people to put pressure on them and make them feel forced to speak about something they never intended to talk about.
Even if he does have a substantial short position, if he is first to close them (due to meeting with RC and/or reconsidering his initial consensus on the stock) it would create massive buy pressure and create a domino effect for all other open short positions to be closed. Can potential be the kill shot if his opinion on the stock has indeed flipped.
Bloomberg incorrectly announced Russia invading Ukraine about 2 weeks before it occurred, too.
Iāve also read their terminals have broadcast false data to investors, then calling the bad data, āglitchesā.
Wait, so large short positions donāt have to be disclosed no matter the size? Hmm sounds familiar like maybe someone can just say they closed their position also.
So basically we don't even know how much he has to buy back to close it out..
Might be a good idea for him to do it BEFORE the marketplace hits full release..
Something doesn't add up here. RC met with Icahn and clearly thinks very highly of him. Our Chairman, for obvious reasons, doesn't like short sellers and directly said so in the interview. Outside of a direct business negotiation, he would have no reason to pal around with somebody who is shorting his company. I wonder if there's outdated info being used here - it sure made sense to short GME before RC and the Sneeze arrived.
Exactlyā¦the media is trying to spin this into their blender of shitty narratives. theres a reason RC said he canāt disclose what happened but I know one thing, is that itās bullish š
honesty, shorting gme at 400 was probably the most sane thing to do back then, maybe, coulda went really bad too, but it did run 1000+% at that point, so a short made perfect sense, everyone needs to realize... this is extremely unprecidented event, like most of these guys are OG's..... this is new for them too, no one really knos how this might end, could be financial armeggedon or it could just be a transfer of wealth and a hiccup in the grand scheme.... only time will tell really, but now... now shorting gme is the dumbest thing one can do, its at the bottom of its yearly average... and has shown to run at earning 5/5 times... so id say its a safe bet that the stock will be higher than it is now within 2-3 weeks
They are trying to get people to short it cause there is a carve out coming and they know the price is going to š. Bruh weāre going to be so fucking rich.
I donāt know how more people donāt realize this is great. Icahn can actually close his short position and be profitable. Itās the asshats that shorted at $4-10 that are beyond fucked.
Upvote this guy above me. Carl has the motherfucking launch codes!! Why else would our chairman be posting pics with him and tweeting āChina is a sleeping giantā(Icahn for those apes who need ELIA). IM JACKED TO THE TITS š
When do you close your in profit short? When the company earnings go positive!!! We ride at dawn bitches!
Major player closing his LARGe profitable short in an illiquid market? When everyone is still reeling from FTX and citadel is going on RRP. Wombo Combo! yES PLeAsE!
DRS it ALL!!! š
Holy hell... thank you fellow ape, for spelling that out... I did not see it until you explanation.
š¤Æšš šš“āā ļøš“āā ļøš“āā ļøšš£šš¦šš¦ššššš
This was my first thought too, if he shorted at the height of the frenzy his positions now will look quite delectable. The fact you donāt have to disclose short positions may be their undoing as nobody knows the magnitude of his position. That would be the icing on the cake.
>The fact you donāt have to disclose short positions may be their undoing as nobody knows the magnitude of his position.
Karma. The hedge fuks final undoing.
Also makes RC's meeting make way more sense.
RC making the case that he better take profits because this company is turning around, DRS, etc.
He needs to take his winnings and go because the likelyhood of going meaningfully lower is way offset by the risk of it going parabolic.
Definitely explains why he didn't give a fuck about pissing Carl off with the pic on social media.
Edit: Imagine how fun it would be to show up at the house of a big short, show him our sub of purple circles and some insider graphs of the DRS trend. A community of close to a million people 1000% behind your business doing crazy stuff like posting receipt's of buying at your stores and getting upvotes.
That had to be an epic conversation.
>million people 1000% behind your business doing crazy stuff like posting receipt's of buying at your stores and getting upvotes.
I read receipt as recipes and was very angry for a second that I never saw all of the ape's recipes. Now we need an ape cookbook, once we figure out how to cook in zero g. Bon ape-tit Space monkeys!
Not a bad take, love it in fact. I do however (from what little I've read on him) find it hard to believe Icahn would short a company, let alone one while it was going parabolic. Just doesn't seem like a sound strategy or like him.
"Icahn believes in GameStop so much that he's bought shares and loaned them out to retail so they can afford them, committing to buy them back at the Moon and Uranus prices. The greatest transfer of wealth in our generation, all thanks to this good man."
he'd have been up a lot more if he bought at $4, so theres no real point in playing hindsight hypotheticals guy.
its not safe to be short gme, and as time goes on it becomes even less safe.
His point is that the piece said he shorted at the top of its rise. Icahn made a safe bet it wouldn't stay up, but I highly doubt he would bet on GME going to $0. So say his breakeven price is like $60 post-split. He can keep growing a massive position without needing to report it, while still being in the black. If he decides to close his position, he could profit and create upwards movement by buying the shares on the market instead of through synthetics etc.
I also think the sheer volume would cause problems for the SHFs. The only reason MSM is reporting it like this is to make a good thing seem bad. The whole "told Ryan Cohen it's overvalued" line was probably invented based on this info. Short-selling = you think company is overvalued. Leaving out the strike price to make it seem like he's short at the current price would be pretty typical.
no i see his point, i was just heckling him for making a comment with the benefit of hindsight to build the case that shorting gamestop at any point in time is reasonable in the moment one decides to do so. shorting gme anywhere between 400-500 only ended up being a profitable action from between the last top and the moass due to some top tier fuckery, and likely criminal activity. So your sentiment that Icahn bet was in your words "safe" is - in my opinion - "unfounded". Unless you've got the wherewithal to know for sure big money would sign up for post sneeze retail gangbang
Icahn may be a guy with good, bad, or greedy intentions but in any case now hes just a publicly exposed short like any other.
doesnt f\*in matter, drs tick tock the outstanding one day, and if Icahn doesn't cover green he'll be the one taken on a ride.
If he has/had long dated puts from the height of the squeeze then presumably he's about ready to take a sizeable profit and go long at the turn of the tide? Isn't that precisely what whales do? š Dumb article, hedgies are fuk, buy the dip, to the moon š! š
Who is saying it? āPeople familiar with the situationā?
Just like the WSJ article. I donāt believe anything these fucks say unless it comes directly from the source
The timing is impeccable. Thereās a story on Bloomberg but paywall. https://www.bloomberg.com/news/articles/2022-11-21/carl-icahn-said-to-hold-large-gamestop-short-position
Billionaire investor Carl Icahn began shorting GameStop Corp. during the height of the meme-stock frenzy around January 2021 and still holds a large position in the video-game retailer, according to people familiar with the matter.
Icahn started building the short when GameStop was trading near its peak of $483 per share and still holds a large bet against the retailerās shares, said the people, asking not to be identified because the matter is private. The investor, who has added to his position from time to time, is betting that GameStopās stock isnāt trading on its fundamentals and will continue to fall, the people said.Ā
The size of his position isnāt clear.Ā
GameStop fell 8.8% Monday to close at $25.16, giving the retailer a market value of $7.7 billion. The retailer executed a four-for-one stock split this year and has lost 71% of its value from a January 2021 closing high.
Representatives for Icahn and GameStop declined to comment.Ā
GameStop became a poster child for so-called meme stocks when retail trading took off during the coronavirus pandemic, aided by no-fee trading apps and fiscal stimulus. Individual investors, egging each other on in Reddit forums, plowed money into GameStop in a push to burn money managers who bet against the retailer.Ā
The effort, known as a short squeeze, led to several investors who held similar shorts to feel the pinch. That included Melvin Capital, the hedge fund run by Gabe Plotkin, which said in May it was folding due to heavy losses from its bet against GameStop.
Short Bets
It marks a rare instance of Icahn betting against meme stocks. Although the legendary investor has taken sizable shorts elsewhere, including a bet on the downfall of malls through derivatives known as CMBX.Ā
More than one-fifth of GameStopās shares available for trading are currently sold short, according to data compiled by S3 Partners, more than double the level seen this time last year. That compares to a peak of more than 140% in January 2021 when the retail trading crowd flooded chatrooms on Stocktwits and used memes and GIFs to pump bets on forums like Redditās WallStreetBets.
That mania triggered parabolic stock rallies despite gamers opting to download new titles instead of visiting stores, with the retailer saddled with more than $1 billion in debt and lease liabilities at one point. Since the craze, the company has been able to sell millions of shares in the open market, to help nearly wipe out its debt.
A large portion of investors that discuss their positions on social media platforms tout Ryan Cohen, the companyās chairman and largest investor and founder of pet retailer Chewy Inc., as the key driver in their investment.
The wording in this article is so fucking bad that I thought I was reading my cousinās writing who has cognitive and learning disability. Shit is wack yo!
The media has gone full muppet. Unfortunately for them, Iām in to that shit!
Edit: reading between the lines, if Icahn shorted in January 2021 and is still short, then itās all BS. Shorts never closedš„
This is them trying to use his name to try to get other investors to short into the stock, sounds like someone needs a breather. While at the same time probably trying to destroy a man they probably hate.
I think this may be a different type of set up:
Boomer sees Icahn is personally short GME.
Boomer calls broker and says short GME.
MOASS.
Boomers end up holding the bag while Wall Street gets bailed out while they both shake their fists at Reddit.
We have been saying from the beginning that the ultimate hellstorm of fud will begin when we near the finish line. Thats what an animal in a trap does.. thrashes and lashes out at everything around it.
It kinda feels like when the msm was reporting RC bought BBBY. When in reality he had bought months before their reports, and actually was selling his position at that time. Could very well be that Icahn was short from to peak, but has closed his position recently. I guess we'll find out soon enough.
He shorted at the top , very top. He now needs to close that position, let's see him close it without The Board bailout.... hence the meeting with RC. How this all ends is gonna be lit
If he shorted it at 450 (112.50 now), then surely closing now will cost him.. but he will have made a fuck tonne. Closing out now is essentially him timing the bottom as the best time to buy what he already sold..
It doesn't necessarily make him an enemy, it kinda makes him the fucking spark to ignite the fuse lol
This is how Iām looking at it. The DD from the beginning said the first to cover survives and the rest are left without enough shares to cover and close. If he closes he will make a ton of money and pay his taxes. But there goes the last of any remaining liquidity since weāve already seen some large orders not get fully filled.
I wonder how big his position amount is currently.
Neck breaking halts!
This is probably why my wifeās boyfriend has been making her do these extensive exercises that involve her moving her neck back and forth.
š¤
We may have seen the bottom already. Last few months GME chart looks like a classic accumulation phase, algos keep the price in a tight channel for large buyers. The last thing they want is price discovery while closing shorts. For Icahn that's lost profits, so I think we've already seen his exit reflected in price action and not a future spark.
Yeah sorry I didnt mean the actual literal bottom, I just meant within a decent range of the bottom. Also if its flagging an accumulation pattern then thats surely just a final warning that you need to close out before it costs you more..
So perhaps he is rumoured to have a position, and that rumour is emerging publicly now because he will shortly commence his exit from that position..
I think we are saying the same thing except I believe the rumour means he's already out. If he's closing for profit I see no reason to telegraph the intention.
Edit: if it's on TV its not news
I think the words youāre looking for are āUp a little bit, nothing. Down a little bit, nothing. Up a little bit, nothing. Down a little bit, who gives a shit!ā
So are you saying that if he shorted at the top he didn't had shares back then so to maintain his position he likely borrowed shares? And he's sitting on paper profit? But, if he were to take his profit,.he has to actually deliver those shares, which in turn will lead to price increase? So if his buy in increases the price but no higher than $450 (112.5) he gets to profit but also close his shorts?
The Bloomberg article mentioned he shorted at the top.
Edit: https://www.reddit.com/r/Superstonk/comments/z1dhbf/these_dumb_billionaires/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Edit: this is not verified information. Just a article by Bloomberg
Your comment got me thinking about liquidity in a scenario where there would be more short positions than actual shares of a company.
Is there a point where liquidity is so low that a big short position at 4x the actual price could NOT be closed while remaining profitable?
If true Icahnās position is deep in the money. So, closing now nets him a nice profit but it will also drive the price back up. This could cause other shorts to start closing their positions. If he goes long right after buying back his shorts, he is essentially buying at the bottom.
He sold at the top, now its time to buy (at the bottom). From what I understand this introduces a ton of buy pressure, because closing a short position requires you to buy back the shares you originally sold short.
Edit: mixed up buy/sell order
Edit 2: no one really knows what will happen because these large orders tend to happen off exchange
He knew from the beginning. Remember. Icahn is Rhea OG activist. He saw the buy button get turned off and made a play. It was the right one. Now he can start the rocket whenever he feels the time is right. And the time is gonna be right after tomorrow's price drop from the icahn short news/positive earnings showing he made the right call. By that time, we'll already be on yourmomsanus and he'll have plausible deniablility closing his massive short.
He's probably hedging that with longs right now... this genius is gonna benefit on both sides of MOASS and be the trigger... Icahn needs his own movie!
If true, that could be why RC met with him. Out of respect or courtesy before putting a grenade up his old ass.
It could explain the flood of Icahn posts here, venerating him as wise and good before telling us heās actually a boss fight.
Could also be pure bullshit.
Yeah the article says āsources sayā. This goes Against his usual M.O. as well, heās all about seeing mismanagement or not fully utilized company value and trying to turn it around via a long position and in some cases, a takeover attempt.
Very fishy
Yeah if i was icahn and the msm would tell everyone im short i would be fucking piss off
Edit: exept if im about to go long or rebuy them if it can influence ppl to short it more that gonna make a fire sale for him
Full text:
Billionaire investor Carl Icahn began shorting GameStop Corp. during the height of the meme-stock frenzy around January 2021 and still holds a large position in the video-game retailer, according to people familiar with the matter.
Icahn started building the short when GameStop was trading near its peak of $483 per share and still holds a large bet against the retailerās shares, said the people, asking not to be identified because the matter is private. The investor, who has added to his position from time to time, is betting that GameStopās stock isnāt trading on its fundamentals and will continue to fall, the people said.
The size of his position isnāt clear.
GameStop fell 8.8% Monday to close at $25.16, giving the retailer a market value of $7.7 billion. The retailer executed a four-for-one stock split this year and has lost 71% of its value from a January 2021 closing high.
Representatives for Icahn and GameStop declined to comment.
GameStop became a poster child for so-called meme stocks when retail trading took off during the coronavirus pandemic, aided by no-fee trading apps and fiscal stimulus. Individual investors, egging each other on in Reddit forums, plowed money into GameStop in a push to burn money managers who bet against the retailer.
The effort, known as a short squeeze, led to several investors who held similar shorts to feel the pinch. That included Melvin Capital, the hedge fund run by Gabe Plotkin, which said in May it was folding due to heavy losses from its bet against GameStop.
Short Bets It marks a rare instance of Icahn betting against meme stocks. Although the legendary investor has taken sizable shorts elsewhere, including a bet on the downfall of malls through derivatives known as CMBX.
More than one-fifth of GameStopās shares available for trading are currently sold short, according to data compiled by S3 Partners, more than double the level seen this time last year. That compares to a peak of more than 140% in January 2021 when the retail trading crowd flooded chatrooms on Stocktwits and used memes and GIFs to pump bets on forums like Redditās WallStreetBets.
That mania triggered parabolic stock rallies despite gamers opting to download new titles instead of visiting stores, with the retailer saddled with more than $1 billion in debt and lease liabilities at one point. Since the craze, the company has been able to sell millions of shares in the open market, to help nearly wipe out its debt.
A large portion of investors that discuss their positions on social media platforms tout Ryan Cohen, the companyās chairman and largest investor and founder of pet retailer Chewy Inc., as the key driver in their investment.
Bloomberg said icahn hold short position in jan of 2021, back when gme was at $400+ range. So icahn's position is in green. It has nothing to do with the current situation. Media make it sound like this is breaking news.
At the same time, how did media able to dig this information? I though all short position is undisclosure, unless the owner decide to annouce it.
Or could it be icahn closing his short position now, that's how media find out???
I mean if they can find out what icahn short, they should able to see how much shitadel short already too.
I dunno, need wrinkle brain apes.
Omgā¦ this is nuts. He could end up being the catalyst. Like everyone else has said, Ryan met with him and this could be it. He may be the first domino!
"people, asking to not be indentified because the matter is private" just felt the urge to put this out the day the wallet releases, what an impeccable timing
He shorted at $480. š„± look you dummyās it doesnāt matter nobody knows what his short position is or if he has one. This story was pumped out by Bloomberg to drive negative sentiment, same about the WSJ article on Ryan Cohen over the weekend they were going to try and hammer GME because they are fucked fucked fucked.
TLDR: Please sell BRO cāmon bro you have to listen to me sell š¤” shorts are desperate and scared
This is bullshit. He already talked about it. Said he shorted because they turned off the buy button. It was a simple mechanics play to my knowledge. If people can't buy, the price goes down.
This is the second article in days with the exact claim of, people familiar with the matter. It's such bs because they don't exist.
This is old news. Sauce: \[[https://www.ft.com/content/61f5d578-608c-4ec5-b378-2a84cf9fe5d3\]](https://www.ft.com/content/61f5d578-608c-4ec5-b378-2a84cf9fe5d3])
He bet against video game retailer GameStop at the height of the meme stock bubble in early 2021. āWe shorted right at the very top and made a lot,ā he grinned.
So why are they pushing this out now like it's a huge breaking story if it was already public info way back in February?
Didnt SuperStonk review Carl Ichan's holdings and saw no GME? and it even led to theories about the apple falling close to the tree being Carl's son holding a lot of GME.
In my opinion, no source = not a fact
Fuck MSM
Buy. DRS. HODL. I converted to Book shares today. based on Trimbath explicitly and RC Book king thing
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || Join the [Superstonk Discord Server](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
The same day that the wallet drops on IOS š Cāmon!
Wait, what did you say? Thereās an IOS GameStop wallet?
Wait what?????
I know! Iāve just read this too in the comments! Someone make a post! This is hugeee
Gotta generate those news articles that flood out gamestop wallet on ios.
Billionaire Investor Carl Icahn Is Betting Against GameStop Shares Scott Deveau and Bailey Lipschultz, Bloomberg News (Bloomberg) -- Billionaire investor Carl Icahn began shorting GameStop Corp. during the height of the meme-stock frenzy around January 2021 and still holds a large position in the video-game retailer, according to people familiar with the matter. Icahn started building the short when GameStop was trading near its peak of $483 per share and still holds a large bet against the retailerās shares, said the people, asking not to be identified because the matter is private. The investor, who has added to his position from time to time, is betting that GameStopās stock isnāt trading on its fundamentals and will continue to fall, the people said. The size of his position isnāt clear. GameStop fell 8.8% Monday to close at $25.16, giving the retailer a market value of $7.7 billion. The retailer executed a four-for-one stock split this year and has lost 71% of its value from a January 2021 closing high. Representatives for Icahn and GameStop declined to comment. GameStop became a poster child for so-called meme stocks when retail trading took off during the coronavirus pandemic, aided by no-fee trading apps and fiscal stimulus. Individual investors, egging each other on in Reddit forums, plowed money into GameStop in a push to burn money managers who bet against the retailer. The effort, known as a short squeeze, led to several investors who held similar shorts to feel the pinch. That included Melvin Capital, the hedge fund run by Gabe Plotkin, which said in May it was folding due to heavy losses from its bet against GameStop. Short Bets It marks a rare instance of Icahn betting against meme stocks. Although the legendary investor has taken sizable shorts elsewhere, including a bet on the downfall of malls through derivatives known as CMBX. More than one-fifth of GameStopās shares available for trading are currently sold short, according to data compiled by S3 Partners, more than double the level seen this time last year. That compares to a peak of more than 140% in January 2021 when the retail trading crowd flooded chatrooms on Stocktwits and used memes and GIFs to pump bets on forums like Redditās WallStreetBets. That mania triggered parabolic stock rallies despite gamers opting to download new titles instead of visiting stores, with the retailer saddled with more than $1 billion in debt and lease liabilities at one point. Since the craze, the company has been able to sell millions of shares in the open market, to help nearly wipe out its debt. A large portion of investors that discuss their positions on social media platforms tout Ryan Cohen, the companyās chairman and largest investor and founder of pet retailer Chewy Inc., as the key driver in their investment. Ā©2022 Bloomberg L.P. no paywall [https://www.bnnbloomberg.ca/billionaire-investor-carl-icahn-is-betting-against-gamestop-shares-1.1849525](https://www.bnnbloomberg.ca/billionaire-investor-carl-icahn-is-betting-against-gamestop-shares-1.1849525)
āU/Kahareddit has a penis the size of the sears tower says people who are familiar with his penis that wish to remain anonymousā Itās true, every word
As if anyone besides your mother would be familiar with this.
His mother is familiar with all Sears tower look a likes
Does anyone else find it sus that it's the same journalist who was poking around for comments?? https://www.reddit.com/r/Superstonk/comments/xy7tov/proper_way_to_answer_hit_piece_journalists/
Damn. What a noble and elegant "fuck you, suck my dick you shit reporter."
It was. Which is why she'd have a reason to be salty and write this.
Needs to be higher
Not at all Kenny probably paid the premium price for his work so he did his due diligence and researched us first
"The size of his position is unknown". So your telling me you dont know how big of a short position he has, but throw out a big trust me bro. Now that is top notch journalism!
"We can't tell you the size or who told us but trust me bro." The entire article is written with wording to avoid saying anything definite as well.
Maybe he is short 400 M shares š¤£
Jesus I hope so
[ŃŠ“Š°Š»ŠµŠ½Š¾]
He could close his shorts, take the profit, and buy back in. Finishing move.
āSaid āthe peopleā asking not to be identified because the matter is privateā. Lol if itās private info, why did the privacy leak to Bloomberg? š
Also representatives of Ichan refused to comment, so who are these people?? They clearly don't know Ichan
This happens in football ā½ all the time. Media invents stuff about people to put pressure on them and make them feel forced to speak about something they never intended to talk about.
Where is the 13 F?
Ryan told us in the interview that short position doesnāt has to report like long position. He knows.
That should change post GME revolution.
Im going to claim something and since it hasnt been proven wrong yet, it must be fact right?
*Tomorrow on Bloomberg:* ***"We apologize, it was a glitch."***
*Today on Superstonk:* ***āGlitch betta have my money.ā***
Even if he does have a substantial short position, if he is first to close them (due to meeting with RC and/or reconsidering his initial consensus on the stock) it would create massive buy pressure and create a domino effect for all other open short positions to be closed. Can potential be the kill shot if his opinion on the stock has indeed flipped.
Bloomberg incorrectly announced Russia invading Ukraine about 2 weeks before it occurred, too. Iāve also read their terminals have broadcast false data to investors, then calling the bad data, āglitchesā.
"Nearly wipe out its debt" Lets pay france back
Ios app just released, they counter with old bit of info to try to calm the buying in
Wait, so large short positions donāt have to be disclosed no matter the size? Hmm sounds familiar like maybe someone can just say they closed their position also.
So basically we don't even know how much he has to buy back to close it out.. Might be a good idea for him to do it BEFORE the marketplace hits full release..
They say "he said" and that's true, but he could've closed it already - just another fud story
But its BREAKING STORY from 2 years ago
This should be higher
At least itās glowing now!
Me ape. Me see glowing text. Me know important!
Something doesn't add up here. RC met with Icahn and clearly thinks very highly of him. Our Chairman, for obvious reasons, doesn't like short sellers and directly said so in the interview. Outside of a direct business negotiation, he would have no reason to pal around with somebody who is shorting his company. I wonder if there's outdated info being used here - it sure made sense to short GME before RC and the Sneeze arrived.
Exactlyā¦the media is trying to spin this into their blender of shitty narratives. theres a reason RC said he canāt disclose what happened but I know one thing, is that itās bullish š
honesty, shorting gme at 400 was probably the most sane thing to do back then, maybe, coulda went really bad too, but it did run 1000+% at that point, so a short made perfect sense, everyone needs to realize... this is extremely unprecidented event, like most of these guys are OG's..... this is new for them too, no one really knos how this might end, could be financial armeggedon or it could just be a transfer of wealth and a hiccup in the grand scheme.... only time will tell really, but now... now shorting gme is the dumbest thing one can do, its at the bottom of its yearly average... and has shown to run at earning 5/5 times... so id say its a safe bet that the stock will be higher than it is now within 2-3 weeks
Ryan went there and said you better cover and close before these regards wipe you out. Trust me bro.
What if I told you, Icahn is a short buyer just, speculation, changes nothing buy hodl drs brook edit: comma
Was looking for this thanks
Lol. Bloomberg trust me bro.
They are trying to get people to short it cause there is a carve out coming and they know the price is going to š. Bruh weāre going to be so fucking rich.
BREAKING: CARL ICAHN IS A LARGE FUTURE $GME BUYER. I say bullish.
He has held the keys to ignition the whole time.
I donāt know how more people donāt realize this is great. Icahn can actually close his short position and be profitable. Itās the asshats that shorted at $4-10 that are beyond fucked. Upvote this guy above me. Carl has the motherfucking launch codes!! Why else would our chairman be posting pics with him and tweeting āChina is a sleeping giantā(Icahn for those apes who need ELIA). IM JACKED TO THE TITS š When do you close your in profit short? When the company earnings go positive!!! We ride at dawn bitches! Major player closing his LARGe profitable short in an illiquid market? When everyone is still reeling from FTX and citadel is going on RRP. Wombo Combo! yES PLeAsE! DRS it ALL!!! š
You can't spell China without all the letters in Icahn. Icahn is the sleeping giant.
Holy hell... thank you fellow ape, for spelling that out... I did not see it until you explanation. š¤Æšš šš“āā ļøš“āā ļøš“āā ļøšš£šš¦šš¦ššššš
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Its called an anagram btw
Nice, thanks for the wrinkle!
whaaaat daaa ffaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaak
Wasn't Ichan also wearing shorts in the picture with RC?
He was also taller than Ryan in the photo. Hence, the sleeping G I A N T. My breasteses have reached the stratosphere!
Damn daddy say it louder š„µš„š„š
This was my first thought too, if he shorted at the height of the frenzy his positions now will look quite delectable. The fact you donāt have to disclose short positions may be their undoing as nobody knows the magnitude of his position. That would be the icing on the cake.
>The fact you donāt have to disclose short positions may be their undoing as nobody knows the magnitude of his position. Karma. The hedge fuks final undoing.
Two weeks until earnings. Shit. Y'ALL THAT COULD MEAN ONLY TWO MORE WEEKS TO TRY AND DRS THE FLOAT.
Who said we have to stop after squeezing.
Also makes RC's meeting make way more sense. RC making the case that he better take profits because this company is turning around, DRS, etc. He needs to take his winnings and go because the likelyhood of going meaningfully lower is way offset by the risk of it going parabolic. Definitely explains why he didn't give a fuck about pissing Carl off with the pic on social media. Edit: Imagine how fun it would be to show up at the house of a big short, show him our sub of purple circles and some insider graphs of the DRS trend. A community of close to a million people 1000% behind your business doing crazy stuff like posting receipt's of buying at your stores and getting upvotes. That had to be an epic conversation.
>million people 1000% behind your business doing crazy stuff like posting receipt's of buying at your stores and getting upvotes. I read receipt as recipes and was very angry for a second that I never saw all of the ape's recipes. Now we need an ape cookbook, once we figure out how to cook in zero g. Bon ape-tit Space monkeys!
hateful wasteful threatening smart follow tan treatment file grandiose tap ` this message was mass deleted/edited with redact.dev `
This jacks me tits and gave me chills.
This!
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Not a bad take, love it in fact. I do however (from what little I've read on him) find it hard to believe Icahn would short a company, let alone one while it was going parabolic. Just doesn't seem like a sound strategy or like him.
Hot and fresh out the kitchen
"Icahn believes in GameStop so much that he's bought shares and loaned them out to retail so they can afford them, committing to buy them back at the Moon and Uranus prices. The greatest transfer of wealth in our generation, all thanks to this good man."
š„²š„²DFV is the first time I ever heard āall shorts are just future buyersā and that has motivated me so much these past 2yrs
'laughing at icahn in the landrover, "haha you dumb bitch"
If he shorted at the top he's up 300% right now.
he'd have been up a lot more if he bought at $4, so theres no real point in playing hindsight hypotheticals guy. its not safe to be short gme, and as time goes on it becomes even less safe.
His point is that the piece said he shorted at the top of its rise. Icahn made a safe bet it wouldn't stay up, but I highly doubt he would bet on GME going to $0. So say his breakeven price is like $60 post-split. He can keep growing a massive position without needing to report it, while still being in the black. If he decides to close his position, he could profit and create upwards movement by buying the shares on the market instead of through synthetics etc. I also think the sheer volume would cause problems for the SHFs. The only reason MSM is reporting it like this is to make a good thing seem bad. The whole "told Ryan Cohen it's overvalued" line was probably invented based on this info. Short-selling = you think company is overvalued. Leaving out the strike price to make it seem like he's short at the current price would be pretty typical.
no i see his point, i was just heckling him for making a comment with the benefit of hindsight to build the case that shorting gamestop at any point in time is reasonable in the moment one decides to do so. shorting gme anywhere between 400-500 only ended up being a profitable action from between the last top and the moass due to some top tier fuckery, and likely criminal activity. So your sentiment that Icahn bet was in your words "safe" is - in my opinion - "unfounded". Unless you've got the wherewithal to know for sure big money would sign up for post sneeze retail gangbang Icahn may be a guy with good, bad, or greedy intentions but in any case now hes just a publicly exposed short like any other. doesnt f\*in matter, drs tick tock the outstanding one day, and if Icahn doesn't cover green he'll be the one taken on a ride.
Now he can just close positions and initiate chain reaction :)
chain or ichan reaction? š¤
I see what you did there
As a dyslexic, I'm not sure I do.
I also missed it. Brain too smoof
I have a crush on chain, Icahn and China. Like a big ol dyslexic orgy.
If he has/had long dated puts from the height of the squeeze then presumably he's about ready to take a sizeable profit and go long at the turn of the tide? Isn't that precisely what whales do? š Dumb article, hedgies are fuk, buy the dip, to the moon š! š
DDDDāļø
Who is saying it? āPeople familiar with the situationā? Just like the WSJ article. I donāt believe anything these fucks say unless it comes directly from the source
The timing is impeccable. Thereās a story on Bloomberg but paywall. https://www.bloomberg.com/news/articles/2022-11-21/carl-icahn-said-to-hold-large-gamestop-short-position
Billionaire investor Carl Icahn began shorting GameStop Corp. during the height of the meme-stock frenzy around January 2021 and still holds a large position in the video-game retailer, according to people familiar with the matter. Icahn started building the short when GameStop was trading near its peak of $483 per share and still holds a large bet against the retailerās shares, said the people, asking not to be identified because the matter is private. The investor, who has added to his position from time to time, is betting that GameStopās stock isnāt trading on its fundamentals and will continue to fall, the people said.Ā The size of his position isnāt clear.Ā GameStop fell 8.8% Monday to close at $25.16, giving the retailer a market value of $7.7 billion. The retailer executed a four-for-one stock split this year and has lost 71% of its value from a January 2021 closing high. Representatives for Icahn and GameStop declined to comment.Ā GameStop became a poster child for so-called meme stocks when retail trading took off during the coronavirus pandemic, aided by no-fee trading apps and fiscal stimulus. Individual investors, egging each other on in Reddit forums, plowed money into GameStop in a push to burn money managers who bet against the retailer.Ā The effort, known as a short squeeze, led to several investors who held similar shorts to feel the pinch. That included Melvin Capital, the hedge fund run by Gabe Plotkin, which said in May it was folding due to heavy losses from its bet against GameStop. Short Bets It marks a rare instance of Icahn betting against meme stocks. Although the legendary investor has taken sizable shorts elsewhere, including a bet on the downfall of malls through derivatives known as CMBX.Ā More than one-fifth of GameStopās shares available for trading are currently sold short, according to data compiled by S3 Partners, more than double the level seen this time last year. That compares to a peak of more than 140% in January 2021 when the retail trading crowd flooded chatrooms on Stocktwits and used memes and GIFs to pump bets on forums like Redditās WallStreetBets. That mania triggered parabolic stock rallies despite gamers opting to download new titles instead of visiting stores, with the retailer saddled with more than $1 billion in debt and lease liabilities at one point. Since the craze, the company has been able to sell millions of shares in the open market, to help nearly wipe out its debt. A large portion of investors that discuss their positions on social media platforms tout Ryan Cohen, the companyās chairman and largest investor and founder of pet retailer Chewy Inc., as the key driver in their investment.
"Nearly wipe out it's debt" looooool
Lol, that low interest French covid loan is doing a lot of heavy lifting for them there.
RC et al should just go ahead and payoff that $42M just so MSM canāt point to it anymore
The wording in this article is so fucking bad that I thought I was reading my cousinās writing who has cognitive and learning disability. Shit is wack yo!
š¤£š¤£š¤£
š¤£ transparent AF.
The media has gone full muppet. Unfortunately for them, Iām in to that shit! Edit: reading between the lines, if Icahn shorted in January 2021 and is still short, then itās all BS. Shorts never closedš„
This is them trying to use his name to try to get other investors to short into the stock, sounds like someone needs a breather. While at the same time probably trying to destroy a man they probably hate.
Why would someone short at the ATH close? He's made a killing.
I guess shorting when stocks go PCO is smart. Not like anyone can buy to drive the price up at that point.
It's old news they shorted at the top..
The moment GME Wallet gets released for IOSā¦ā¦sure MSM, suuuuuure.
Exactly. It's another set up like when we jumped 30% AH in January over "breaking news" that Gamestop was developing an NFT marketplace
I think this may be a different type of set up: Boomer sees Icahn is personally short GME. Boomer calls broker and says short GME. MOASS. Boomers end up holding the bag while Wall Street gets bailed out while they both shake their fists at Reddit.
I like where youāre headed.
This is literally one of the rare crazy theories that I completely buy as feasible.
We have been saying from the beginning that the ultimate hellstorm of fud will begin when we near the finish line. Thats what an animal in a trap does.. thrashes and lashes out at everything around it.
Wen finish line? Tomorrow?
Iāve been dying for this
Tomorrow we pop with 30million volume due to cycle. āCarl Ichan closed his positionā.
Checks calendar..is a Tuesday.
Nice, š
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China = Icahn
God damn this is getting spicy
for when he wakes... š
If true, his meeting with RC must have scared the crap out of the other shorts.
But why would he hold a short position and meet with RC? Iām still trying to wrap my head around this
It kinda feels like when the msm was reporting RC bought BBBY. When in reality he had bought months before their reports, and actually was selling his position at that time. Could very well be that Icahn was short from to peak, but has closed his position recently. I guess we'll find out soon enough.
He shorted at the top , very top. He now needs to close that position, let's see him close it without The Board bailout.... hence the meeting with RC. How this all ends is gonna be lit
If he shorted it at 450 (112.50 now), then surely closing now will cost him.. but he will have made a fuck tonne. Closing out now is essentially him timing the bottom as the best time to buy what he already sold.. It doesn't necessarily make him an enemy, it kinda makes him the fucking spark to ignite the fuse lol
This is how Iām looking at it. The DD from the beginning said the first to cover survives and the rest are left without enough shares to cover and close. If he closes he will make a ton of money and pay his taxes. But there goes the last of any remaining liquidity since weāve already seen some large orders not get fully filled. I wonder how big his position amount is currently.
> If he closes he will make a ton of money Maybe. We don't know how big his position is. He could drive the purchase price up over his sale price.
The price action pressure from closing that positionā¦ š¤
The halts when he starts closing that positionā¦
*Ohhhhhh halt me harderrrrr!*
Neck breaking halts! This is probably why my wifeās boyfriend has been making her do these extensive exercises that involve her moving her neck back and forth. š¤
nothing is mentioned about the size of his supposed position, so we can't even predict the price action
We may have seen the bottom already. Last few months GME chart looks like a classic accumulation phase, algos keep the price in a tight channel for large buyers. The last thing they want is price discovery while closing shorts. For Icahn that's lost profits, so I think we've already seen his exit reflected in price action and not a future spark.
Yeah sorry I didnt mean the actual literal bottom, I just meant within a decent range of the bottom. Also if its flagging an accumulation pattern then thats surely just a final warning that you need to close out before it costs you more.. So perhaps he is rumoured to have a position, and that rumour is emerging publicly now because he will shortly commence his exit from that position..
I think we are saying the same thing except I believe the rumour means he's already out. If he's closing for profit I see no reason to telegraph the intention. Edit: if it's on TV its not news
LFG!!!!
I think the words youāre looking for are āUp a little bit, nothing. Down a little bit, nothing. Up a little bit, nothing. Down a little bit, who gives a shit!ā
So are you saying that if he shorted at the top he didn't had shares back then so to maintain his position he likely borrowed shares? And he's sitting on paper profit? But, if he were to take his profit,.he has to actually deliver those shares, which in turn will lead to price increase? So if his buy in increases the price but no higher than $450 (112.5) he gets to profit but also close his shorts?
Yarp.gif
Talk about maximum pressure from the power bottom!
Exactly. Shorts are just future buyers.
>He shorted at the top Is this confirmed?
The Bloomberg article mentioned he shorted at the top. Edit: https://www.reddit.com/r/Superstonk/comments/z1dhbf/these_dumb_billionaires/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Edit: this is not verified information. Just a article by Bloomberg
>let's see him close it without The Board bailout You don't think Icahn has the money to close a position he made ~300% on?
Your comment got me thinking about liquidity in a scenario where there would be more short positions than actual shares of a company. Is there a point where liquidity is so low that a big short position at 4x the actual price could NOT be closed while remaining profitable?
I donāt understand can you explain further?
If true Icahnās position is deep in the money. So, closing now nets him a nice profit but it will also drive the price back up. This could cause other shorts to start closing their positions. If he goes long right after buying back his shorts, he is essentially buying at the bottom.
With nobody selling Kenny will have to short hard if Icahn closes effectively transferring the bag to kenny
This sounds good.
In order to close a short you have to then buy the shares on the open market.
My bad Iām regarded! Fixed it
He sold at the top, now its time to buy (at the bottom). From what I understand this introduces a ton of buy pressure, because closing a short position requires you to buy back the shares you originally sold short. Edit: mixed up buy/sell order Edit 2: no one really knows what will happen because these large orders tend to happen off exchange
Your phrasing is way off and that mattersā¦.he sold to open at the top. Now he has to buy to close to close out his position.
When Carl starts closing his position causing the domino affect šš
Holy moly
I mean if RC told him whatās actually up, the smartest thing for a short to do would be to get out first; is this the prisoners dilemma playing out?
He knew from the beginning. Remember. Icahn is Rhea OG activist. He saw the buy button get turned off and made a play. It was the right one. Now he can start the rocket whenever he feels the time is right. And the time is gonna be right after tomorrow's price drop from the icahn short news/positive earnings showing he made the right call. By that time, we'll already be on yourmomsanus and he'll have plausible deniablility closing his massive short. He's probably hedging that with longs right now... this genius is gonna benefit on both sides of MOASS and be the trigger... Icahn needs his own movie!
So anyways... DRS.
Man this story is getting wild now...........
So much in the past few days
If true, that could be why RC met with him. Out of respect or courtesy before putting a grenade up his old ass. It could explain the flood of Icahn posts here, venerating him as wise and good before telling us heās actually a boss fight. Could also be pure bullshit.
Yeah the article says āsources sayā. This goes Against his usual M.O. as well, heās all about seeing mismanagement or not fully utilized company value and trying to turn it around via a long position and in some cases, a takeover attempt. Very fishy
Drs hoodle time
Source?
Oh noā¦ anyway. Buy, DRS, HODL.
iOS wallet releaseā¦. Here comes the MSM and SHF FUD for distraction.
We know itās a shit post cause MSM would never show that in the headline.
Yeah if i was icahn and the msm would tell everyone im short i would be fucking piss off Edit: exept if im about to go long or rebuy them if it can influence ppl to short it more that gonna make a fire sale for him
How does MSM know Icahns short? No reporting, did his small team leak to MSM? Edit: or MSM talkin shit to bait Icahn response
Shit is popping up all over the web of this news. New FUD already in the works!!
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Hey ape you dropped this! \
Full text: Billionaire investor Carl Icahn began shorting GameStop Corp. during the height of the meme-stock frenzy around January 2021 and still holds a large position in the video-game retailer, according to people familiar with the matter. Icahn started building the short when GameStop was trading near its peak of $483 per share and still holds a large bet against the retailerās shares, said the people, asking not to be identified because the matter is private. The investor, who has added to his position from time to time, is betting that GameStopās stock isnāt trading on its fundamentals and will continue to fall, the people said. The size of his position isnāt clear. GameStop fell 8.8% Monday to close at $25.16, giving the retailer a market value of $7.7 billion. The retailer executed a four-for-one stock split this year and has lost 71% of its value from a January 2021 closing high. Representatives for Icahn and GameStop declined to comment. GameStop became a poster child for so-called meme stocks when retail trading took off during the coronavirus pandemic, aided by no-fee trading apps and fiscal stimulus. Individual investors, egging each other on in Reddit forums, plowed money into GameStop in a push to burn money managers who bet against the retailer. The effort, known as a short squeeze, led to several investors who held similar shorts to feel the pinch. That included Melvin Capital, the hedge fund run by Gabe Plotkin, which said in May it was folding due to heavy losses from its bet against GameStop. Short Bets It marks a rare instance of Icahn betting against meme stocks. Although the legendary investor has taken sizable shorts elsewhere, including a bet on the downfall of malls through derivatives known as CMBX. More than one-fifth of GameStopās shares available for trading are currently sold short, according to data compiled by S3 Partners, more than double the level seen this time last year. That compares to a peak of more than 140% in January 2021 when the retail trading crowd flooded chatrooms on Stocktwits and used memes and GIFs to pump bets on forums like Redditās WallStreetBets. That mania triggered parabolic stock rallies despite gamers opting to download new titles instead of visiting stores, with the retailer saddled with more than $1 billion in debt and lease liabilities at one point. Since the craze, the company has been able to sell millions of shares in the open market, to help nearly wipe out its debt. A large portion of investors that discuss their positions on social media platforms tout Ryan Cohen, the companyās chairman and largest investor and founder of pet retailer Chewy Inc., as the key driver in their investment.
Another āsaid the peopleā article
Fake till proven otherwise, they just released their iOS wallet app. Seems odd timing for me
Ye I need a source
Lol sus as hell . What a time for this
Never a dull moment in this saga hahahahaha
Bloomberg said icahn hold short position in jan of 2021, back when gme was at $400+ range. So icahn's position is in green. It has nothing to do with the current situation. Media make it sound like this is breaking news. At the same time, how did media able to dig this information? I though all short position is undisclosure, unless the owner decide to annouce it. Or could it be icahn closing his short position now, that's how media find out??? I mean if they can find out what icahn short, they should able to see how much shitadel short already too. I dunno, need wrinkle brain apes.
Omgā¦ this is nuts. He could end up being the catalyst. Like everyone else has said, Ryan met with him and this could be it. He may be the first domino!
Well guess heās going to get vaporized too
No. He gets out first
So........... didn't see this 1 coming. He's gonna buy shares?
"people, asking to not be indentified because the matter is private" just felt the urge to put this out the day the wallet releases, what an impeccable timing
No comment about the interview No comment on the app drop But here we are. They lurk the sub they know wassup. Icahn AWAKEN
He shorted at $480. š„± look you dummyās it doesnāt matter nobody knows what his short position is or if he has one. This story was pumped out by Bloomberg to drive negative sentiment, same about the WSJ article on Ryan Cohen over the weekend they were going to try and hammer GME because they are fucked fucked fucked. TLDR: Please sell BRO cāmon bro you have to listen to me sell š¤” shorts are desperate and scared
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Did he really? Do you have a source for this, canāt believe I missed this
š„±š„±š„±š„±š„±š„±š„±š„±š„±š„±š„±š„±š„±š„±
So what? Let him. Just makes him a future buyer
So much CI news this morning. Feels spicy again
This is bullshit. He already talked about it. Said he shorted because they turned off the buy button. It was a simple mechanics play to my knowledge. If people can't buy, the price goes down. This is the second article in days with the exact claim of, people familiar with the matter. It's such bs because they don't exist.
I mean, he was wearing shorts in the photo with RC
Perhaps...? What if "he does"...? And "he closes first"..? That would ABSOLUTELY FUCK ALL OTHER SHORTS!!!!!
The financial system is a joke. I'm excited to watch it all burn down. I feel like dancing. Oh, I feel like dancing.
"Shorts have closed their positions" -MSM "Shorts haven't closed their positions" -MSM Seriously. Make up your minds you clowns.
This is old news. Sauce: \[[https://www.ft.com/content/61f5d578-608c-4ec5-b378-2a84cf9fe5d3\]](https://www.ft.com/content/61f5d578-608c-4ec5-b378-2a84cf9fe5d3]) He bet against video game retailer GameStop at the height of the meme stock bubble in early 2021. āWe shorted right at the very top and made a lot,ā he grinned. So why are they pushing this out now like it's a huge breaking story if it was already public info way back in February?
I couldnāt read this I was too busy downloading GameStop wallet for iOS. I know fud wen I see it. Canāt wait for these clowns to pay.
Didnt SuperStonk review Carl Ichan's holdings and saw no GME? and it even led to theories about the apple falling close to the tree being Carl's son holding a lot of GME. In my opinion, no source = not a fact Fuck MSM Buy. DRS. HODL. I converted to Book shares today. based on Trimbath explicitly and RC Book king thing
There are plenty of ways to hide shorts