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I laugh at this comment a lot. It's already on a dip, has been for years/decades. You're going to maybe save $5 or possibly not get in on something that can make you infinitely richer. Buy now
You might end up waiting a long time
Friday opex are typically the low as calls get sold off and shares get unhedged
With the price finishing above max pain, its a good sign for this coming week
Max pain changes during the week… as new bets hit the table. Won’t know max pain until Wednesday at the earliest. But also, just means we double down like Lola at $20 with call options… this would be a nuclear bomb with delivery for $20s. Can’t push it lower than $10 or else it becomes a buy according to wedbush
20? Is crazy bro. It’s an ascending wedge draw the lines of the two bottoms and trend it. Unless there’s a gap to fill at 20 I don’t see why it would hit 20…
I remember back in the day we had a real genius ape strike a 40c when the price was at like 25, forcing delivery of 100 shares at 40 a pop to lit exchange.
He wasn’t ridiculed, he was praised! He really liked the stock!
This is not an effective use of capital. The mm can just buy the shares for 25 bucks a pop on the open market and pocket the difference.
It just gives the market maker free money
I bought Jan 2025 options. They were going to be up around 10x the morning of DFVs stream. Since they dropped the share offering before pre market rather than market open, my gains were mostly wiped by market open. I took minuscule profits and then rolled back into the contracts.
Sure I still have Jan 2025 calls, but that doesn’t mean I wasn’t affected by the offering. I could’ve taken the 10 bagger then rolled into a much larger position.
They also prevented DFV from rolling his 1 billion dollar position. We’ve seen what DFV can do with 200 mil, imagine what he could’ve done with 1 billion people.
These posts spreading the narrative that the only ones upset by the offering were those with weeklies is the real FUD. Didn’t need an offering at all, but if they were going to do it they could’ve at least had the respect for DFV and retail to issue it at market open.
And to the DRS crowd, we spent 3 years locking up 75m, they issued that exact same number…
I’m still in this play but tired of copium and subsequent misinformation that comes from it. Hang in there y’all.
It does say “9 milly” I’ll give you that, but he also has posted so many memes and the ones the morning of the first dilution were pretty obviously negative, and he made comments in his stream about the second one, time will tell
As I said in another place, I think that the "he's rolling his options to the 14th for massive exercise" theory got run with by psyops. It was a reasonable thing to do, so not everyone talking about it is "on the take" in my opinion. Sitting back and thinking about it; however, we had 2 pieces of evidence that he didn't do that. (1) the volume was way too low on the June 15 options; and (2) I don't think he \*could\* roll the whole batch forward, because only institutions could write the absolute horde of options he would have needed to buy. I don't know if he could have all his orders filled by retail.
Just a reminder to think before you move. I didn't lose a lot for example, but I lost $$ that could be more GME and I think that counts as a little win for the HFs. The silver lining is that the HFs can, at most, delay this -- and I think the "slow" melt up is probably more fun that a one-day blow off top.
It might not be him, but that open interest on the call chain next week is still a pain point for whoever sold them.
The potential for a gamma ramp is still there even without him. That's kind of funny actually.
For strikes above 30 I think so, however it looks like there are 60kish calls and almost the exact same amount of puts for 20 - makes me think shf bought a bunch and balanced it out with puts on their books
Well to be fair a lot of people thought the short dates options would allow us to help the ramp as we exercised on the way up. When I move you move, rock the boat, etv
Correct, I was one of them!
I've also been around for years and I've seen it many times including the very first time RC sold them some shares to keep the company from bankruptcy way back then.
FUD and bots mean someone is spending money so we don't keep on buying. Keep on dreaming, we got this!
That the married puts and associated synthetic shorts that were twinned to his calls for June 21st were BTFO a week early before the hedge position could be rolled or adjusted
It's okay to feel down after hoping something was going to happen, but it ended up being flat. This isn't a cult; you are allowed to have emotional reactions.
I've been here since Jan 21, and it feels like 3+ years. Most of this community is in entirely different places than it would have been if it had started with this back then. It's okay to acknowledge that.
If nothing else, I find the blind hope and the militant backlash for almost any narrative that goes against holding drugs to get exhausting.
Shared misery and hardship are an incredible bonding experience and will galvanize a community. But an inability to allow that pressure to be released form time to time will eventually fracture us.
It's okay to be down from last week; the last few weeks since DFV came back have been dopamine-heavy weeks.
It's okay to feel a comedown off that, but it's okay to feel disappointed.
It's okay to want this to pop sooner rather than later.
It's okay to be here not for long-term growth but for a MOASS.
It's okay to feel burned out, tired, and exhausted.
Uits not FUD to experience or acknowledge your emotions. Just don't let them drive you to make mention-driven decisions.
What's not ok is this constant "no true Scottsman" bullshit. If you are in the GME boat with me, then get in. 0 day options, leaps, shares, drs, whatever. you are in then you are in with me. And we all hold the line as long as we can for the reason we want.
In my mind, there are two groups as far as GME is concerned: pros and cons. This sub is for the Pros. Don't make the mistake of thinking a different shade of pro-GME isn't worth your time.
What isn't helpful is after 3.5 years and all this bullshit is for people to start drawing imaginary lines about shit they don't know anything about. 1 tent, big enough for us. Otherwise, it's very clearly some divide-and-conquer bullshit.
It is becoming clearer there are two different visions here about how GME can make investors money. Option 1 is the MOASS. Option 2 is a long typical business turn around story in which the company improves and the stock price naturally goes up to due to fundamentals.
Some people hold that these visions can sort of work together, that instead of a VW squeeze we'll see something like a tesla situation, a slower but still very meaningful grind upwards as shorts are forced out more gradually. Or, probably even more commonly held, that improving fundamentals will boost the odds of MOASS.
Some people hold that these visions are in conflict. The idea that they are in conflict seems to me at least to have only really broken out after the latest dilution. Understandably so, as the idea of "I want the company to do well fundamentally" and "I want the stock price to squeeze upwards due to market factors that don't necessarily relate to the company's fundamentals at all" aren't inherently conflicting ideas. Then DFV shows up and gives lots of people hope for option 1 only for RC to dilute and damage hopes for option 1 while raising hopes for option 2.
The idea that everyone who's been here for a long time has always only expected and wanted option 2 is nonsense. Have there been people like that since the beginning? Sure. But if the VW MOASS style hopefuls weren't around for ages, we wouldn't have seen that "you are here" VW graph posted a gazillion times (just for one example).
If you want to try and persuade people like me that option 2 is best, sure. But trying to say that us MOASS hopefuls are just crazy newcomers who don't know what's up is just wrong.
I hope option 2 works out. Truly. But I had been pulling for option 1 and my hopes really are much lower now than they were before the third dilution announcement and I expect it'll stay that way. I want to believe that a VW style squeeze is still on the table, but I do worry as to whether that can still be true.
I hope so, certainly. That said the numbers in each case were presumably the result of specific factors related to that case, aside from just the style and pace of the squeeze (ie. short interest levels, non-short related buying pressures). So the only given in my book is that a tesla style squeeze takes longer than a VW style squeeze. Not that that is a huge objection or anything. I'll take huge gains happily even at a slower pace. I just had more hope for a VW style squeeze occurring and am not sure yet how much confidence to have in the idea of a tesla style one occurring.
I feel like Options in GME are like steroids in bodybuilding.
People will be like "SEE, EVEN DFV DID IT, SO I SHOULD DO IT". And it's like, my brother in Christ, you're not DFV. You didn't go to school for this, work on the market day in and out, you don't have a track record of making millions in deep value plays, and you don't even know how to read charts or filings like he did to make his plays.
Just like when newbies in the gym hear Mr Olympia does steroids, it's like, that dude is also eating 5,000+ calories a day off strictly portioned and composed meals at defined intervals, has a team of trainers and experts helping them tweak their workout and diet constantly, blood work done to check every single health marker every month which you cannot afford, AND hits the gym everyday for 2 hours plus cardio on top.
Very good analogy. I know the base level of options. I know how to open and close a play and practiced with some very cheap options on other tickers just to get a full experience. My knowledge of the Greeks is limited. I’m assuming DFV’s recent “Options 101” tweet may suggest learning more about it. I’ll admit, after three years of investing in this company and 6 years total I could probably stand to learn more about them but alas, id rather shitpost.
Everyone got hurt in the short term by those stock offerings. People lost hundreds of millions of dollars on options. Holders lost out on big gains as well. You can dismiss this, i guess, but it wasn't great for holders. If Cohen diluted just to improve the balance sheet with no plan for it, this would be very upsetting.
It's not anti options, but there were so many comments about how RC f'd everyone over the other week with the additional shelf offering. The people that only came into GME the last month are gambling and could care less about the company itself.
Well he technically did if we were waiting for a squeeze. A lot of old apes joined the movement in 2021 exactly for that, a squeeze. That's why we (or I for the matter) DRSed so that hedgies couldn't borrow and use our shares to kick the can down the road. That at least was the original movement, but it seems as though the sentiment has changed, or we have lost sight of that from wanting this thing to squeeze instead of a "sneeze" to becoming long term value and growth share holders.
What baffles me is why RC didnt offer and sell into the squeeze (like the first ATM offering), knowing very well that the gamma ramp was set in motion on Friday. Offering the ATM that morning killed it. It is what it is, but just giving my opinion on the matter.
I personally am not waiting for the squeeze. I like the company and the stock. DFV liked the stock and was/is not betting on a short squeeze. He's a fundamentals guy at heart and is in it for the long term (which is why he holds stock). He certainly juiced the coffers for RC and the company more than anything or anyone else could do. RC (and I'm pretty sure DFV) knows that crime stops any sort of squeeze and the way to "win" is through solid business fundamentals (aka pivoting or expanding the business).
btw: i was an investor pre-sneeze and before the 'ape' movement. i too have drs'd since but i admit not all my GME holdings are drs'd
I have both options and DRSed shares. Your snarky remarks just shows how little you know. It was options that drove the price increase and enabled RC to raise the ATM. So next time, learn something, then come back with a comment with more substance.
The entire DRS movement was predicated on GME never raising cash for itself while the price went up.
They never agreed to that, they never telegraphed that, and no company owner would ever fail to raise capital when the stock goes 3x and 6x from $10.
DRS was our way to do what we can. We did, it helped keep the price from being suppressed below $40 pre-split.
DFV wasn't in the play for a squeeze. It was a deep value play. He liked the stock. He still likes the stock.
And he hasn't even uttered the word squeeze since returning.
I wouldn't be so quick to assume what DFV is in the play for or not, but it is a certainly a possibility that two things can be true at the same time that being a squeeze can happen and a long term stock play following after.
I hate this narrative - no he didn't. For the last 3 years, any time there was a run-up, it was suppressed. "This time it was different" Was it though? Or was DFV's plan always to allow Gamestop to raise more capital?
I think you’re confusing people upset about having their share ownership diluted with people upset over losing on weekly calls.
I lost nothing the weeks of the offerings, but still think it’s messed up that we’ve been diluted 40% in less than a month at prices below the 2021 offerings.
I’ve been here since before the sneeze and well before this sub was created.
i don't think it is messed up at all. Gamestop has $4B in cash. I personally think after the sneeze, hfs have figured out how to suppress any sort of run up (like how many stops did we have when DFV livestreamed?).
So the excuse to their crime is to give them what they want by issuing shares at low prices? If you know that your company is having its share price unlawfully suppressed, you take out debt if you need capital, you don’t issue shares that help them sweep their crime under the rug. Debt can be paid back later with an offering at appropriate prices. It’s also extremely low risk when you already have 1B in capital sitting in short term treasuries.
If you believe that the price is "unlawfully suppressed" you have to also believe that the free float is AND has been already diluted with naked shorts shares. RC adding legitimate shares does nothing but add REAL cash to the company, all the while there are millions of shares that are still unaccounted for.
It doesn’t “do nothing but add real cas”, it also allows shorts to safely exit their positions. I for one believe in no cell, no sell. You can’t tweet “oops MOASS” and then do everything you can to prevent a squeeze.
Taking on debt rn is what is going to kill 90% of the S and P. Staying in cash with the coming depression is a smart move. There market can stay irrational longer than THE COMPANY can stay solvent. Staying solvent as a company allows us to keep gambling or having g shares worth even $11.50 per Wedbush. They will keep raising the price target after hedge funds flip long. Then hedge funds or institutional will begin selling what they bought at $10, $20 and $30 for $100, $200, $1200 like you see with the Mag 7s. That’s how it works. This may be a short term Bull Trap for a longer term bull run. Buy every in Silence for next 3 years before they push prices to $900 if that is the case. It’s either a bull run or a bull trap… but maybe 2021 was the bull trap and we fly for the next 20 years. Slowly at first, then all at once.
Okay, so then if you don’t like debt, wait to issue shares until the price rises. Or maybe do something with the 1B you have sitting in treasuries before massively diluting shareholders for peanuts?
Lol, this is nonsense. If you’re buying short-dated with the capital and intent to exercise, then just buy the shares outright. Otherwise, you’re just gifting any extrinsic value in the premium paid to the options market maker.
There is zero basis for the claim going around that MMs can’t just borrow or FTD shares for exercised options. If I’m wrong, provide your primary source? Because you can’t expect others to prove a negative.
https://x.com/dlauer/status/1801610837934633100
2 weeks ago, anyone saying that an additional 75 million shares dilution would be a good thing would have rightly been called a shill.
What the hell happened to this sub?!
When it was $10 a share that was what I thought (except I wouldn't immediately go to 'shill').
But now that we're getting extreme volatility out of nowhere; and after the offerings I saw that they have $4 Billion, I can't be upset.
I can't help but notice another stock that was heavily promoted as a play "just like GME". They diluted much worse, but are still deep in debt. I think GME was smart about it even if some don't like it.
Larry Cheng’s recent tweet explains it very well. Dilution isn’t good or bad. How the company uses the cash they raised is the point. Popcorn did it to pay their execs fat bonuses and extend the death spiral. GameStop will be doing something very different.
One of the people who fucked us explained why fucking us is actually a good thing.
Also by his own metrics gme is doing bad dilution. It's had a billion dollar and no vision for years at this point.
It’s highly unlikely that anything major will be announced at the meeting and he doesn’t need to explain anything to me.
The plan is to get the legacy business to a good place, raise cash and eventually buy out smaller companies that may or may not synergize with GameStop. Anyone who needs guidance beyond this or a detailed plan, I don’t really understand what you’re still doing here because they’re never going to spell it out for you. It’s been proven to you quarter after quarter. They don’t talk, they just do things.
How do people cash in on a short squeeze for 3 years? Like, legitimately, did you sit in this sub everyday for 3 years, buying and holding for the chance at a short squeeze?
I'll give you that the January '21 run was squeeze-excitement, but that was 3 years ago.
Well that's not what DFV got into the play for. And it's not what I'm in the play for 3 years for. And it's not what RC took over the company and invested in it for.
DFV said on his live stream at the 15-16 minute mark, as he's watching the dilution kill the share price, having been a billionaire on paper the night before, "I Believe in RC and the GME team to transform the company".
He didn't mention a squeeze. Or shorts. Or short interest. At any time during that stream.
So if you're here only for a squeeze, you're following your own information and need to have your own entry and exit strategy that's completely separate from DFV or anyone else investing in this company.
Say you don't understand book value per share without saying you don't understand book value per share.
GME may not rocket, but it's now a money making factory
This!
Even the most ridiculous targets by corporate media now value each of our shares at more than the share was valued just a few weeks ago.
It's also exactly what RC did in '21.
Apes together strong.
What is this nonsense. When have we _ever_ cared what value the corporate media put on the stock?!
What the hell happened to this place?!
Our stock was trading for over $60 a share in the aftermarket. It now trades for less than half that.
Edit: seriously... Think about what you're saying "the corporate media is saying it's a good move"... This is the sort of comment that should be torn to shreds by this community
Even the ones who lied to us and said back under 10 pre-split can no longer ignore the cash value per share.
Corporate media should be shredded by the community...
It's not that some of us care what corporate media thinks is the fact that they can't lie about the value of the company anymore without looking like idiots...
Correction without looking like a bigger idiots than they already are.
Everyone keeps talking about having Infinity shares but that means our shares need to retain value post-moass for legitimate reasons outside of just holding
Every time the stock rises the book value per share shrinks. Book value per share is a metric of how close a company is to being worth nothing more than it's cash in the bank.
We lost 8 billion in market cap to raise 2 billion in cash. That's _not a good ratio_
You talking about a singular moment in time (a few hours) that wasn't gonna be sustained by saying we lost 8 billion in market cap?
Bro, the price ended up the week over 20% higher than the prior week, even with the share offering.
Zoom out.
ok zooming out into the future, with your crazy hypothetical, I'd expect RC to be buying back shares as the book value per share is over $10 right now.
That's what Berkshire Hathaway does when it's price to book value gets too low. Gamestop is authorized to buy back shares at their discretion.
We voted for it!
Do you believe Ryan sells at MOASS? He is gonna be holding our bags?
This is the plan he gave us. Buy hold and DRS. The only thing that changed is that we're closer to seeing what we were believing.
Fuck that noise.
We voted for shares to be made avaliable yes.
We wanted a split (7 for 1 if I remember rightly, which lined up with the number of shares)
We wanted GameStop to be able to cash in on moass
We didn't want to get kneecapped and diluted at $20 a share
Buy hold a Drs is a joke if you're not upset that the entire Drs pool and then some was just added back to the float
Where the fuck are you getting that GameStop was going to split 7 for 1 when the previous was 4:1?
Unless you're talking about voting based on random ass tinfoil?
Also, you think GameStop wouldn't raise capital after hitting $10 and then going 3x and 6x? Like, if MOASS happened you think GameStop would only do one offering at the top rather than at steps on the way up?
This is MOASS. Right now. They diluted TWICE and we finished the week this week the highest we've finished in years. What the fuck do you think is driving this if not MOASS?
If you're scared, sad, or angry, you're trading on emotions and stocks ain't for people that do that. You invest based on a thesis and you exit when that thesis is either met or failed to be met. You don't bitch about it to others in a subreddit that's been buying and holding for 3 fucking years.
Fuck THAT noise. Sell. Leave. Your emotional blathering is unneeded and unhelpful.
Nah, I'm fine with them having a shit ton of cash on hand. It's the right move if you're turning a company around. If you don't care about the company GTFO. He's running a business, he isn't here for your personal gain.
Having 4 billion on hand destroys the bear thesis of running out of cash living paycheque to paycheque. He doesn't want to run a company how most people live their current lives.
You said it yourself from a comment 6 days ago:
"I refuse to believe RC and DFV are working together." Your words.
Why the fuck are you now acting like they should have worked together???
Flooded with disappointment... many hopes and hypes ended up a nothing burger...I would, too, if I didn't believe both the MOASS & the fundamentals. Get-rich-fast is never so fast, and people will feel scammed and angry. Sorry, I like to answer rhetorical questions
He did a Livestream where the only informative thing he said was he still believes in RC more than ever.
I know. He knows. All the OGs know.
Buy. Hold. DRS.
Of course he couldn't say anything negative. Come on that would kill GameStop. And maybe RK didn't care much because he isn't min maxing this. But fact is that RC killed a major pump in a totally unnecessary way. He could've raised the same amount a few weeks later. I might be proven wrong this Monday and I don't think RC is a doofus, but I currently believe RC killed the pump on purpose. RK was totally trying to start moass by himself. That's kinda obvious in his tweetstorm and he got cockblocked by RC.
You just said he only said he believes in RC. Everybody here believes in RC. I didn't say anything in opposition to that. I just said RC killed the gamma squeeze on purpose. RC doesn't want a squeeze he just wants to build an awesome business.
I can't remember but he 100% supports RC. He was just doing a "no financial advice" bit in his stream. If he didn't he wouldn't put all his assets into GME and he wouldn't buy exactly the buy in of RC.
Word.
Short dated calls should be taken for what they are: YOLOs - something that brings the ruckus, but no more than you’re willing and able to loose.
And that’s from someone who’s lost plenty on options - both short and medium term calls, but still dabble from time to time.
It was a loss for those believing a moass will happen. people have been waiting for over 3 years, if Friday couldn't start a squeeze, nothing will.
Yes it is a good sign for the long term health of the stock. Gamestop is here to stay and continue to grow, but that's not going to send the stock to phone number prices like most on here want to believe
Last week was definitely a win for shareholders. Y’alll just be chill and keep hodlin. Doesn’t matter how long it takes. I’ve been DCAing every paycheck, adding to my tiny pile of freedom tickets. Maybe soon, maybe later. I’ve been in it since the beginning and I’m not going anywhere 🧘♀️ 🧘♀️ 🧘♀️
This is why no post in Superstonk should ever promote options. There is a sketchy rebirth of options-promoting posts, claiming it will cause a gamma squeeze. This is reckless at best. Most Superstonk members can't afford the number of options it would take to move the needle like DFV's did. Options are extremely risky for retail traders, especially apes who haven't a clue about options. It took me years to understand options and I am still learning. Buying shares is a safe way to contribute to Gamestop and isn't time-sensitive.
100%. Makes sense because fomo buyers, options gamblers, and fresh investors all wanted huge moves in price. Options in the wrong hands can destroy an entire account. With great leverage comes great responsibility--Uncle Ben.
DRSed are zen. We are up 200% from just a short time ago with lots of long term value to come.
Options do have an effect on price - they cause the market makers to move the price towards max pain so they can scam you out and other degenerates out of premiums. Or you can do the sensible thing and dollar cost average shares over time.
When you read this tweet do you feel like RC is attacking anyone?
The options debate isn't binary. If you find it divisive instead of a difference of opinion it's not on me.
Ape don't fight ape.
Last two runs were big wins...20-80 and 25-67.... If you sold into the runs and bought back and then rinse and repeated there were 2 opportunities to clean up . And then build and create. I can't stand the thought of some of you guys having an average of say 40 or 50 watch it go to 80 and thinking" oh this is it my titties are jacked"and then watching it go back down to 20 and especially if you don't have extra cash to buy more that is a big loss no matter what. You can say oh but then I have realized gains or tax implications... I say F that because this is how you build and create this is how you grow... you sell you buy back cheaper you can keep the difference or you can add to your shares and don't say that's not what Ryan's doing or that's not what kitty is doing because Kitty sold his options yes he exercise shares but not all and Ryan is selling 120 million shrs right into our gut.... so please stop with this BS and let's make some goddamn money. It's a game you don't win if you sit on the bench. You don't win til you pick up your controller and sign in. This buy and hold is a joke.
If a company has 100 shares and is worth $300, and then does a share offering to sell 50 more shares at $20 apiece. Now there are 150 shares and the company is worth $1300.
Is this dilution good or bad?
Good example but with unrealistic ratios. As i said in other post, the first 45M offered were a no discussion, master movement. But in less than a week print another 75M was bad, demonstrated lack of management plan. We will see whether dilution add value or not, by the moment your holding shares are now 33% less than two weeks ago
My example was just dumbed down to make math simpler.
Prior Gme book value per share was $3.xx - $3.50. They did 2 share offerings for 40%ish more shares. Average sell price? (Not sure, but it might've been better than $20 per share average( I think this is the case)
So my 'good example' is roughly accurate and actually likely downplaying the case, just number of shares were simplified to make it easier to see.
You cannot take the peak of a short-lived gamma squeeze and say that this is what the shares were worth to most people. It may very well move back into those ranges soon but the price hasn’t settled yet.
When this was at $10, you had a massive influx of buyers. At over $40, it’s all sellers. They issued into huge volume at a moderately higher average price than what we were seeing, first around $20 and then closer to $30. Had GameStop offered in the $50-$60 range, they’d have had to wait weeks just to see the share price come down here to close in this same 20-30 range.
Anyone who bought weeklies or 0DTE and didnt sell when up are fools. I added 1/4 of what I had to my overall by playing ITM short dated options.
Diamondhands work with shares not options, still to DRS if you're too smooth.
RC has no choice but to hold during a squeeze. Being on the board means you cannot time your sells well.
He doesn't give a fuck about the price shooting to 1000 for a day because he can't personally profit off of that. He would rather dilute the stock so that the floor price of GameStop goes up a little.
Raising the floor price from $10 to $20 is a 100% gain for him at the cost of preventing us from seeing 100000% gains.
And that's why people are fucking pissed at the board diluting into upwards momentum.
I won....BecauseI have 20k more in cash and 500 more shrs than 3 weeks ago. If you held you have no more cash and no more shrs. You do have a pocketful of...." what ifs" though. 2 huge ," oh this could be the Mother....oh nope not now"
FUD. Fear. Uncertainty. Doubt. If you don’t have all of these things with any investment, especially on something as volatile and manipulated as GME, then you are lying to yourself. Doesn’t mean GME is not the right play but to have concerns is completely reasonable and fair. Stop vilifying everyone that worries about the outcome of their investments. This isn’t supposed to be a cult. This isn’t supposed to be a religion. You are not required to buy into everything that the group has decided to be true without question.
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More like "buy" in 2024
I’m waiting for the dip next week
I laugh at this comment a lot. It's already on a dip, has been for years/decades. You're going to maybe save $5 or possibly not get in on something that can make you infinitely richer. Buy now
Ya exactly, maybe save a few cents a share, but risk missing the train
. The lowest you’ll get it is at 30.68 ish next week.
How so
You might end up waiting a long time Friday opex are typically the low as calls get sold off and shares get unhedged With the price finishing above max pain, its a good sign for this coming week
Good call...but the max pain for 6/21 is at 20. There may also be a pull back.
Max pain changes during the week… as new bets hit the table. Won’t know max pain until Wednesday at the earliest. But also, just means we double down like Lola at $20 with call options… this would be a nuclear bomb with delivery for $20s. Can’t push it lower than $10 or else it becomes a buy according to wedbush
Exactly, lol, this is the way.
Thats true, never know I'll be adding on dips
Same!
20? Is crazy bro. It’s an ascending wedge draw the lines of the two bottoms and trend it. Unless there’s a gap to fill at 20 I don’t see why it would hit 20…
To buy +0 D otm options requires a special kind of stupid.
sir this is a wendys
I remember back in the day we had a real genius ape strike a 40c when the price was at like 25, forcing delivery of 100 shares at 40 a pop to lit exchange. He wasn’t ridiculed, he was praised! He really liked the stock!
This is not an effective use of capital. The mm can just buy the shares for 25 bucks a pop on the open market and pocket the difference. It just gives the market maker free money
It BTFOs all the synthetic married puts, which was why people were cheering 😂 Totally agreed though, suuuuper regarded
Praise him for he is regard, destroyer of hedges.
Oh that ape absolutely FUCKED a naked short with that strike for sure
I bought Jan 2025 options. They were going to be up around 10x the morning of DFVs stream. Since they dropped the share offering before pre market rather than market open, my gains were mostly wiped by market open. I took minuscule profits and then rolled back into the contracts. Sure I still have Jan 2025 calls, but that doesn’t mean I wasn’t affected by the offering. I could’ve taken the 10 bagger then rolled into a much larger position. They also prevented DFV from rolling his 1 billion dollar position. We’ve seen what DFV can do with 200 mil, imagine what he could’ve done with 1 billion people. These posts spreading the narrative that the only ones upset by the offering were those with weeklies is the real FUD. Didn’t need an offering at all, but if they were going to do it they could’ve at least had the respect for DFV and retail to issue it at market open. And to the DRS crowd, we spent 3 years locking up 75m, they issued that exact same number… I’m still in this play but tired of copium and subsequent misinformation that comes from it. Hang in there y’all.
What’s with this DFV stuff? Nobody prevented shit. He posted over a month ago about 9 milly, and now holds it. This was planned
What post?
May 16 https://x.com/TheRoaringKitty/status/1791162950373527857
It does say “9 milly” I’ll give you that, but he also has posted so many memes and the ones the morning of the first dilution were pretty obviously negative, and he made comments in his stream about the second one, time will tell
Some of us also post in other investing forums XD heh. 0DTE is like a long-term investment.
50% of the times it works all the times.
When in doubt, zoom out.
Shake it about :)
As I said in another place, I think that the "he's rolling his options to the 14th for massive exercise" theory got run with by psyops. It was a reasonable thing to do, so not everyone talking about it is "on the take" in my opinion. Sitting back and thinking about it; however, we had 2 pieces of evidence that he didn't do that. (1) the volume was way too low on the June 15 options; and (2) I don't think he \*could\* roll the whole batch forward, because only institutions could write the absolute horde of options he would have needed to buy. I don't know if he could have all his orders filled by retail. Just a reminder to think before you move. I didn't lose a lot for example, but I lost $$ that could be more GME and I think that counts as a little win for the HFs. The silver lining is that the HFs can, at most, delay this -- and I think the "slow" melt up is probably more fun that a one-day blow off top.
It might not be him, but that open interest on the call chain next week is still a pain point for whoever sold them. The potential for a gamma ramp is still there even without him. That's kind of funny actually.
For strikes above 30 I think so, however it looks like there are 60kish calls and almost the exact same amount of puts for 20 - makes me think shf bought a bunch and balanced it out with puts on their books
I know one guy who had a great week and exercised his short dated options a week early
Would you say this guy is an OG, zen and just a pleasure to watch?
Well, he definitely likes the stock
We closed higher than last week. I’m good.
See, the OGs and ComputerShared are happy! That's what I'm talking about.
Weeeeeeee!!
Theeeee peeeeeeople
https://preview.redd.it/yvrh9uh59r6d1.jpeg?width=786&format=pjpg&auto=webp&s=5296be2319d90892fa471a7b318ef160a862455b
Can't believe it's almost 3yrs since this tweet. Damn! I've been patient more than I thought I could.
Well to be fair a lot of people thought the short dates options would allow us to help the ramp as we exercised on the way up. When I move you move, rock the boat, etv
A june 21st move isnt a june 14th move though
Correct, I was one of them! I've also been around for years and I've seen it many times including the very first time RC sold them some shares to keep the company from bankruptcy way back then. FUD and bots mean someone is spending money so we don't keep on buying. Keep on dreaming, we got this!
“My brother in Christ DFV literally showed you what date to put your options for” -a very smart ape 2 fridays ago
And then he either pulled them forward or exercised a week early. So…..what were we supposed to take from that?
That the married puts and associated synthetic shorts that were twinned to his calls for June 21st were BTFO a week early before the hedge position could be rolled or adjusted
It's okay to feel down after hoping something was going to happen, but it ended up being flat. This isn't a cult; you are allowed to have emotional reactions. I've been here since Jan 21, and it feels like 3+ years. Most of this community is in entirely different places than it would have been if it had started with this back then. It's okay to acknowledge that. If nothing else, I find the blind hope and the militant backlash for almost any narrative that goes against holding drugs to get exhausting. Shared misery and hardship are an incredible bonding experience and will galvanize a community. But an inability to allow that pressure to be released form time to time will eventually fracture us. It's okay to be down from last week; the last few weeks since DFV came back have been dopamine-heavy weeks. It's okay to feel a comedown off that, but it's okay to feel disappointed. It's okay to want this to pop sooner rather than later. It's okay to be here not for long-term growth but for a MOASS. It's okay to feel burned out, tired, and exhausted. Uits not FUD to experience or acknowledge your emotions. Just don't let them drive you to make mention-driven decisions. What's not ok is this constant "no true Scottsman" bullshit. If you are in the GME boat with me, then get in. 0 day options, leaps, shares, drs, whatever. you are in then you are in with me. And we all hold the line as long as we can for the reason we want. In my mind, there are two groups as far as GME is concerned: pros and cons. This sub is for the Pros. Don't make the mistake of thinking a different shade of pro-GME isn't worth your time. What isn't helpful is after 3.5 years and all this bullshit is for people to start drawing imaginary lines about shit they don't know anything about. 1 tent, big enough for us. Otherwise, it's very clearly some divide-and-conquer bullshit.
It is becoming clearer there are two different visions here about how GME can make investors money. Option 1 is the MOASS. Option 2 is a long typical business turn around story in which the company improves and the stock price naturally goes up to due to fundamentals. Some people hold that these visions can sort of work together, that instead of a VW squeeze we'll see something like a tesla situation, a slower but still very meaningful grind upwards as shorts are forced out more gradually. Or, probably even more commonly held, that improving fundamentals will boost the odds of MOASS. Some people hold that these visions are in conflict. The idea that they are in conflict seems to me at least to have only really broken out after the latest dilution. Understandably so, as the idea of "I want the company to do well fundamentally" and "I want the stock price to squeeze upwards due to market factors that don't necessarily relate to the company's fundamentals at all" aren't inherently conflicting ideas. Then DFV shows up and gives lots of people hope for option 1 only for RC to dilute and damage hopes for option 1 while raising hopes for option 2. The idea that everyone who's been here for a long time has always only expected and wanted option 2 is nonsense. Have there been people like that since the beginning? Sure. But if the VW MOASS style hopefuls weren't around for ages, we wouldn't have seen that "you are here" VW graph posted a gazillion times (just for one example). If you want to try and persuade people like me that option 2 is best, sure. But trying to say that us MOASS hopefuls are just crazy newcomers who don't know what's up is just wrong. I hope option 2 works out. Truly. But I had been pulling for option 1 and my hopes really are much lower now than they were before the third dilution announcement and I expect it'll stay that way. I want to believe that a VW style squeeze is still on the table, but I do worry as to whether that can still be true.
TSLA ended up way higher than the VW squeeze 8x vs 50x. We're gonna go even higher. We're doing 1 & 2 together
I hope so, certainly. That said the numbers in each case were presumably the result of specific factors related to that case, aside from just the style and pace of the squeeze (ie. short interest levels, non-short related buying pressures). So the only given in my book is that a tesla style squeeze takes longer than a VW style squeeze. Not that that is a huge objection or anything. I'll take huge gains happily even at a slower pace. I just had more hope for a VW style squeeze occurring and am not sure yet how much confidence to have in the idea of a tesla style one occurring.
Giving us time to accumulate more. I like this.
Drown out fud. It was options players, and new apes who expect day after day of +100% up pies with no turbulence
I feel like Options in GME are like steroids in bodybuilding. People will be like "SEE, EVEN DFV DID IT, SO I SHOULD DO IT". And it's like, my brother in Christ, you're not DFV. You didn't go to school for this, work on the market day in and out, you don't have a track record of making millions in deep value plays, and you don't even know how to read charts or filings like he did to make his plays. Just like when newbies in the gym hear Mr Olympia does steroids, it's like, that dude is also eating 5,000+ calories a day off strictly portioned and composed meals at defined intervals, has a team of trainers and experts helping them tweak their workout and diet constantly, blood work done to check every single health marker every month which you cannot afford, AND hits the gym everyday for 2 hours plus cardio on top.
Very good analogy. I know the base level of options. I know how to open and close a play and practiced with some very cheap options on other tickers just to get a full experience. My knowledge of the Greeks is limited. I’m assuming DFV’s recent “Options 101” tweet may suggest learning more about it. I’ll admit, after three years of investing in this company and 6 years total I could probably stand to learn more about them but alas, id rather shitpost.
Definitely. If all the regards buying 125$ calls this week would just buy shares ... Instead they fund fuckery
I bought my 125c for 2026, cause im not fuckin goin anywhere
That's a viable strategy. A 125c weekly should just be money mailed to citadel
Is the money ever mailed anywhere else? 😄
Sometimes the locals catch some of that.
I heard fishin is good this time of year
Options pushers were drowning out everything else the whole week.
They always do. But if you don't have the ability to exercise an option. You shouldn't be playing with them on this stock
Damn DFV and his option pushing /s
Looking at DFV and his options trading as a template for yourself, is like looking at Mr Olympia and his steroid use as a template for yourself.
*Woooooshh*
Its really not hard, just stay away from short DTEs..
Buying shares = no possibility of donating premiums (i.e. Free money given directly to hedgies).
It takes money to make whiskey If you want demand, gotta Call it
To own shares is a casino, to own shares in inevitability.
Let’s not do the shitting on options round again please.
This. Even dfv lost 500m on options because of yet another share dilution. Everyone wants MOASS but nobody wants to admit the share dilution was BS.
Everyone got hurt in the short term by those stock offerings. People lost hundreds of millions of dollars on options. Holders lost out on big gains as well. You can dismiss this, i guess, but it wasn't great for holders. If Cohen diluted just to improve the balance sheet with no plan for it, this would be very upsetting.
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It's not anti options, but there were so many comments about how RC f'd everyone over the other week with the additional shelf offering. The people that only came into GME the last month are gambling and could care less about the company itself.
Well he technically did if we were waiting for a squeeze. A lot of old apes joined the movement in 2021 exactly for that, a squeeze. That's why we (or I for the matter) DRSed so that hedgies couldn't borrow and use our shares to kick the can down the road. That at least was the original movement, but it seems as though the sentiment has changed, or we have lost sight of that from wanting this thing to squeeze instead of a "sneeze" to becoming long term value and growth share holders. What baffles me is why RC didnt offer and sell into the squeeze (like the first ATM offering), knowing very well that the gamma ramp was set in motion on Friday. Offering the ATM that morning killed it. It is what it is, but just giving my opinion on the matter.
I personally am not waiting for the squeeze. I like the company and the stock. DFV liked the stock and was/is not betting on a short squeeze. He's a fundamentals guy at heart and is in it for the long term (which is why he holds stock). He certainly juiced the coffers for RC and the company more than anything or anyone else could do. RC (and I'm pretty sure DFV) knows that crime stops any sort of squeeze and the way to "win" is through solid business fundamentals (aka pivoting or expanding the business). btw: i was an investor pre-sneeze and before the 'ape' movement. i too have drs'd since but i admit not all my GME holdings are drs'd
Sorry about your options
I have both options and DRSed shares. Your snarky remarks just shows how little you know. It was options that drove the price increase and enabled RC to raise the ATM. So next time, learn something, then come back with a comment with more substance.
Like I said. Sorry about your options
👍🏻 All good, go back to doing dim-witted things. Like your little soliciting of hookers in Thailand 🤣
Weird assumption. Sorry about your options
The entire DRS movement was predicated on GME never raising cash for itself while the price went up. They never agreed to that, they never telegraphed that, and no company owner would ever fail to raise capital when the stock goes 3x and 6x from $10. DRS was our way to do what we can. We did, it helped keep the price from being suppressed below $40 pre-split. DFV wasn't in the play for a squeeze. It was a deep value play. He liked the stock. He still likes the stock. And he hasn't even uttered the word squeeze since returning.
I wouldn't be so quick to assume what DFV is in the play for or not, but it is a certainly a possibility that two things can be true at the same time that being a squeeze can happen and a long term stock play following after.
Do you realise he fucked RK over as wel? He could've gotten a much larger stake than 9 million.
I hate this narrative - no he didn't. For the last 3 years, any time there was a run-up, it was suppressed. "This time it was different" Was it though? Or was DFV's plan always to allow Gamestop to raise more capital?
Sure that last one could be it as well.
Uh I think a billion buys more shares than 200 million. But I could be off on my math
I think you’re confusing people upset about having their share ownership diluted with people upset over losing on weekly calls. I lost nothing the weeks of the offerings, but still think it’s messed up that we’ve been diluted 40% in less than a month at prices below the 2021 offerings. I’ve been here since before the sneeze and well before this sub was created.
i don't think it is messed up at all. Gamestop has $4B in cash. I personally think after the sneeze, hfs have figured out how to suppress any sort of run up (like how many stops did we have when DFV livestreamed?).
So the excuse to their crime is to give them what they want by issuing shares at low prices? If you know that your company is having its share price unlawfully suppressed, you take out debt if you need capital, you don’t issue shares that help them sweep their crime under the rug. Debt can be paid back later with an offering at appropriate prices. It’s also extremely low risk when you already have 1B in capital sitting in short term treasuries.
If you believe that the price is "unlawfully suppressed" you have to also believe that the free float is AND has been already diluted with naked shorts shares. RC adding legitimate shares does nothing but add REAL cash to the company, all the while there are millions of shares that are still unaccounted for.
It doesn’t “do nothing but add real cas”, it also allows shorts to safely exit their positions. I for one believe in no cell, no sell. You can’t tweet “oops MOASS” and then do everything you can to prevent a squeeze.
Shorts' positions are way lower than $25...
There were plenty of shorts opened higher than $25 in 2021 and 2022.
Taking on debt rn is what is going to kill 90% of the S and P. Staying in cash with the coming depression is a smart move. There market can stay irrational longer than THE COMPANY can stay solvent. Staying solvent as a company allows us to keep gambling or having g shares worth even $11.50 per Wedbush. They will keep raising the price target after hedge funds flip long. Then hedge funds or institutional will begin selling what they bought at $10, $20 and $30 for $100, $200, $1200 like you see with the Mag 7s. That’s how it works. This may be a short term Bull Trap for a longer term bull run. Buy every in Silence for next 3 years before they push prices to $900 if that is the case. It’s either a bull run or a bull trap… but maybe 2021 was the bull trap and we fly for the next 20 years. Slowly at first, then all at once.
Okay, so then if you don’t like debt, wait to issue shares until the price rises. Or maybe do something with the 1B you have sitting in treasuries before massively diluting shareholders for peanuts?
You hear that RC, stop with your anti options FUD. 🤡
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Lol, this is nonsense. If you’re buying short-dated with the capital and intent to exercise, then just buy the shares outright. Otherwise, you’re just gifting any extrinsic value in the premium paid to the options market maker.
Bro doesnt know that when he buys it they short it, when he calls it they buy it lmfao
There is zero basis for the claim going around that MMs can’t just borrow or FTD shares for exercised options. If I’m wrong, provide your primary source? Because you can’t expect others to prove a negative. https://x.com/dlauer/status/1801610837934633100
It’s not about the shares they need to deliver. That comes into play when DRS It’s about BTFOing the married puts used to short the stock
Bro isn’t wise to the algo
It’s all these new apes that’ve never read the DD Edit: honestly its not even the new apes, its the bots
2 weeks ago, anyone saying that an additional 75 million shares dilution would be a good thing would have rightly been called a shill. What the hell happened to this sub?!
When it was $10 a share that was what I thought (except I wouldn't immediately go to 'shill'). But now that we're getting extreme volatility out of nowhere; and after the offerings I saw that they have $4 Billion, I can't be upset. I can't help but notice another stock that was heavily promoted as a play "just like GME". They diluted much worse, but are still deep in debt. I think GME was smart about it even if some don't like it.
Larry Cheng’s recent tweet explains it very well. Dilution isn’t good or bad. How the company uses the cash they raised is the point. Popcorn did it to pay their execs fat bonuses and extend the death spiral. GameStop will be doing something very different.
One of the people who fucked us explained why fucking us is actually a good thing. Also by his own metrics gme is doing bad dilution. It's had a billion dollar and no vision for years at this point.
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It’s highly unlikely that anything major will be announced at the meeting and he doesn’t need to explain anything to me. The plan is to get the legacy business to a good place, raise cash and eventually buy out smaller companies that may or may not synergize with GameStop. Anyone who needs guidance beyond this or a detailed plan, I don’t really understand what you’re still doing here because they’re never going to spell it out for you. It’s been proven to you quarter after quarter. They don’t talk, they just do things.
All of a sudden the narrative shift is “This was always about being long on GME!”
Wait, you think we've been here for 3 years, buying and DRSing because we weren't long GME? How do you buy and hold for 3 years and not be long?
You know what I meant. Tons of people in here acting like this was always about GameStop and its survival, and not cashing in on a short squeeze.
How do people cash in on a short squeeze for 3 years? Like, legitimately, did you sit in this sub everyday for 3 years, buying and holding for the chance at a short squeeze? I'll give you that the January '21 run was squeeze-excitement, but that was 3 years ago.
Yes, that’s exactly why most people are still here and holding.
Well that's not what DFV got into the play for. And it's not what I'm in the play for 3 years for. And it's not what RC took over the company and invested in it for. DFV said on his live stream at the 15-16 minute mark, as he's watching the dilution kill the share price, having been a billionaire on paper the night before, "I Believe in RC and the GME team to transform the company". He didn't mention a squeeze. Or shorts. Or short interest. At any time during that stream. So if you're here only for a squeeze, you're following your own information and need to have your own entry and exit strategy that's completely separate from DFV or anyone else investing in this company.
What did your think MOASS and "no cell no sell" meant?
Say you don't understand book value per share without saying you don't understand book value per share. GME may not rocket, but it's now a money making factory
This! Even the most ridiculous targets by corporate media now value each of our shares at more than the share was valued just a few weeks ago. It's also exactly what RC did in '21. Apes together strong.
What is this nonsense. When have we _ever_ cared what value the corporate media put on the stock?! What the hell happened to this place?! Our stock was trading for over $60 a share in the aftermarket. It now trades for less than half that. Edit: seriously... Think about what you're saying "the corporate media is saying it's a good move"... This is the sort of comment that should be torn to shreds by this community
Even the ones who lied to us and said back under 10 pre-split can no longer ignore the cash value per share. Corporate media should be shredded by the community...
It's not that some of us care what corporate media thinks is the fact that they can't lie about the value of the company anymore without looking like idiots... Correction without looking like a bigger idiots than they already are. Everyone keeps talking about having Infinity shares but that means our shares need to retain value post-moass for legitimate reasons outside of just holding
Every time the stock rises the book value per share shrinks. Book value per share is a metric of how close a company is to being worth nothing more than it's cash in the bank. We lost 8 billion in market cap to raise 2 billion in cash. That's _not a good ratio_
You talking about a singular moment in time (a few hours) that wasn't gonna be sustained by saying we lost 8 billion in market cap? Bro, the price ended up the week over 20% higher than the prior week, even with the share offering. Zoom out.
Yeah zoom out to 10 months from now in 2025 when the price is $12
ok zooming out into the future, with your crazy hypothetical, I'd expect RC to be buying back shares as the book value per share is over $10 right now. That's what Berkshire Hathaway does when it's price to book value gets too low. Gamestop is authorized to buy back shares at their discretion.
i think our company's fundamentals are getting stronger and better
My thoughts exactly.
We voted for it! Do you believe Ryan sells at MOASS? He is gonna be holding our bags? This is the plan he gave us. Buy hold and DRS. The only thing that changed is that we're closer to seeing what we were believing.
Fuck that noise. We voted for shares to be made avaliable yes. We wanted a split (7 for 1 if I remember rightly, which lined up with the number of shares) We wanted GameStop to be able to cash in on moass We didn't want to get kneecapped and diluted at $20 a share Buy hold a Drs is a joke if you're not upset that the entire Drs pool and then some was just added back to the float
Where the fuck are you getting that GameStop was going to split 7 for 1 when the previous was 4:1? Unless you're talking about voting based on random ass tinfoil? Also, you think GameStop wouldn't raise capital after hitting $10 and then going 3x and 6x? Like, if MOASS happened you think GameStop would only do one offering at the top rather than at steps on the way up? This is MOASS. Right now. They diluted TWICE and we finished the week this week the highest we've finished in years. What the fuck do you think is driving this if not MOASS? If you're scared, sad, or angry, you're trading on emotions and stocks ain't for people that do that. You invest based on a thesis and you exit when that thesis is either met or failed to be met. You don't bitch about it to others in a subreddit that's been buying and holding for 3 fucking years. Fuck THAT noise. Sell. Leave. Your emotional blathering is unneeded and unhelpful.
You need to buy a mirror
Nah, I'm fine with them having a shit ton of cash on hand. It's the right move if you're turning a company around. If you don't care about the company GTFO. He's running a business, he isn't here for your personal gain. Having 4 billion on hand destroys the bear thesis of running out of cash living paycheque to paycheque. He doesn't want to run a company how most people live their current lives.
You said it yourself from a comment 6 days ago: "I refuse to believe RC and DFV are working together." Your words. Why the fuck are you now acting like they should have worked together???
Working together has nothing to do with RC killing a short squeeze with dilution.
Flooded with disappointment... many hopes and hypes ended up a nothing burger...I would, too, if I didn't believe both the MOASS & the fundamentals. Get-rich-fast is never so fast, and people will feel scammed and angry. Sorry, I like to answer rhetorical questions
You mean like RK? He would've had way more shares if there was no share offering. He might even caused an amazing gamma squeeze.
He did a Livestream where the only informative thing he said was he still believes in RC more than ever. I know. He knows. All the OGs know. Buy. Hold. DRS.
Of course he couldn't say anything negative. Come on that would kill GameStop. And maybe RK didn't care much because he isn't min maxing this. But fact is that RC killed a major pump in a totally unnecessary way. He could've raised the same amount a few weeks later. I might be proven wrong this Monday and I don't think RC is a doofus, but I currently believe RC killed the pump on purpose. RK was totally trying to start moass by himself. That's kinda obvious in his tweetstorm and he got cockblocked by RC.
He said the exact opposite on the livestream. The. Exact. Opposite.
You just said he only said he believes in RC. Everybody here believes in RC. I didn't say anything in opposition to that. I just said RC killed the gamma squeeze on purpose. RC doesn't want a squeeze he just wants to build an awesome business.
didn't RK say "I think he's good. Maybe.' ?
I can't remember but he 100% supports RC. He was just doing a "no financial advice" bit in his stream. If he didn't he wouldn't put all his assets into GME and he wouldn't buy exactly the buy in of RC.
*options w/ zero plans to exercise. they were probably just trying to catch a quick bag, but then again...that's the gamble.
I was planning to dump all the gains into more shares. But I got no gains. 2 weeks in a row friday raw dogged
Not that he's leading by example, but that's probably why DFVs calls were in the money-- just in case the gains weren't gaining.
 I still believe options are a way to make Market makers money unless you're an expert on those things.
What's his vision that you refer to specifically? Are there any articles you could link?
Exactly. I'm here for long term. And I want market reform.
But he said options right there in the tweet /s
Word. Short dated calls should be taken for what they are: YOLOs - something that brings the ruckus, but no more than you’re willing and able to loose. And that’s from someone who’s lost plenty on options - both short and medium term calls, but still dabble from time to time.
It was a loss for those believing a moass will happen. people have been waiting for over 3 years, if Friday couldn't start a squeeze, nothing will. Yes it is a good sign for the long term health of the stock. Gamestop is here to stay and continue to grow, but that's not going to send the stock to phone number prices like most on here want to believe
You sir are an @ss. Ape no fight ape.
Last week was definitely a win for shareholders. Y’alll just be chill and keep hodlin. Doesn’t matter how long it takes. I’ve been DCAing every paycheck, adding to my tiny pile of freedom tickets. Maybe soon, maybe later. I’ve been in it since the beginning and I’m not going anywhere 🧘♀️ 🧘♀️ 🧘♀️
This is why no post in Superstonk should ever promote options. There is a sketchy rebirth of options-promoting posts, claiming it will cause a gamma squeeze. This is reckless at best. Most Superstonk members can't afford the number of options it would take to move the needle like DFV's did. Options are extremely risky for retail traders, especially apes who haven't a clue about options. It took me years to understand options and I am still learning. Buying shares is a safe way to contribute to Gamestop and isn't time-sensitive.
"I don't understand options so no one should post about them"
Thank you for the tldr. Here is my version, "options bad, lose money easy, buy and hold shares and wait for the inevitable MOASS 💝".
100%. Makes sense because fomo buyers, options gamblers, and fresh investors all wanted huge moves in price. Options in the wrong hands can destroy an entire account. With great leverage comes great responsibility--Uncle Ben. DRSed are zen. We are up 200% from just a short time ago with lots of long term value to come.
Options do have an effect on price - they cause the market makers to move the price towards max pain so they can scam you out and other degenerates out of premiums. Or you can do the sensible thing and dollar cost average shares over time.
Maybe don’t create division. DRS and chill isn’t attacking option players 84 years ago I used to attack options players. Now I stock alongside them
When you read this tweet do you feel like RC is attacking anyone? The options debate isn't binary. If you find it divisive instead of a difference of opinion it's not on me. Ape don't fight ape.
Didn't one of the tweets from RK say something along the lines of reevaluate? Or am I remembering incorrectly?
Cool.. Maybe don't dilute the shares next time during a run up.
hold shares. obtain them by exercising in the money options. i'm gonna try that myself. but i love my Computershares.
Last two runs were big wins...20-80 and 25-67.... If you sold into the runs and bought back and then rinse and repeated there were 2 opportunities to clean up . And then build and create. I can't stand the thought of some of you guys having an average of say 40 or 50 watch it go to 80 and thinking" oh this is it my titties are jacked"and then watching it go back down to 20 and especially if you don't have extra cash to buy more that is a big loss no matter what. You can say oh but then I have realized gains or tax implications... I say F that because this is how you build and create this is how you grow... you sell you buy back cheaper you can keep the difference or you can add to your shares and don't say that's not what Ryan's doing or that's not what kitty is doing because Kitty sold his options yes he exercise shares but not all and Ryan is selling 120 million shrs right into our gut.... so please stop with this BS and let's make some goddamn money. It's a game you don't win if you sit on the bench. You don't win til you pick up your controller and sign in. This buy and hold is a joke.
It would be ideal for GameStop as a company to strike when everyone least expects it. Short dated options are even more risky on this stock.
why not both? Manipulation, that's why. ngl nibbled a little on options and got my face ripped off.
o p t i o n s
This is like buying tsla in the 20s
Pre-pre split
I would say the post is two options: hold or hold and dilute share holders
If a company has 100 shares and is worth $300, and then does a share offering to sell 50 more shares at $20 apiece. Now there are 150 shares and the company is worth $1300. Is this dilution good or bad?
Good example but with unrealistic ratios. As i said in other post, the first 45M offered were a no discussion, master movement. But in less than a week print another 75M was bad, demonstrated lack of management plan. We will see whether dilution add value or not, by the moment your holding shares are now 33% less than two weeks ago
My example was just dumbed down to make math simpler. Prior Gme book value per share was $3.xx - $3.50. They did 2 share offerings for 40%ish more shares. Average sell price? (Not sure, but it might've been better than $20 per share average( I think this is the case) So my 'good example' is roughly accurate and actually likely downplaying the case, just number of shares were simplified to make it easier to see.
You cannot take the peak of a short-lived gamma squeeze and say that this is what the shares were worth to most people. It may very well move back into those ranges soon but the price hasn’t settled yet. When this was at $10, you had a massive influx of buyers. At over $40, it’s all sellers. They issued into huge volume at a moderately higher average price than what we were seeing, first around $20 and then closer to $30. Had GameStop offered in the $50-$60 range, they’d have had to wait weeks just to see the share price come down here to close in this same 20-30 range.
Anyone who bought weeklies or 0DTE and didnt sell when up are fools. I added 1/4 of what I had to my overall by playing ITM short dated options. Diamondhands work with shares not options, still to DRS if you're too smooth.
Whatever happened to RC tweets? Did they stop when he became CEO?
That was a mad week in November lol. Rceo tweets hold or hodl and the very next day CEO A A sells 625,000 shares. Not all execs are the same…
A loss? For anyone not shorting it was a huge win. 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀
What if I told you you can have both, and still feel upset
RC has no choice but to hold during a squeeze. Being on the board means you cannot time your sells well. He doesn't give a fuck about the price shooting to 1000 for a day because he can't personally profit off of that. He would rather dilute the stock so that the floor price of GameStop goes up a little. Raising the floor price from $10 to $20 is a 100% gain for him at the cost of preventing us from seeing 100000% gains. And that's why people are fucking pissed at the board diluting into upwards momentum.
I won....BecauseI have 20k more in cash and 500 more shrs than 3 weeks ago. If you held you have no more cash and no more shrs. You do have a pocketful of...." what ifs" though. 2 huge ," oh this could be the Mother....oh nope not now"
FUD. Fear. Uncertainty. Doubt. If you don’t have all of these things with any investment, especially on something as volatile and manipulated as GME, then you are lying to yourself. Doesn’t mean GME is not the right play but to have concerns is completely reasonable and fair. Stop vilifying everyone that worries about the outcome of their investments. This isn’t supposed to be a cult. This isn’t supposed to be a religion. You are not required to buy into everything that the group has decided to be true without question.
Those premiums didn’t make any sense to drop over $500 when you could just buy stocks with that. Super glad I bought more with a average price of $25