I'm not sure if you disagree with something I said, but all I was saying should be stopped is the ability to sell naked shorts.
GameStop's 'Roaring Kitty' Returns, Sends Shares Skyrocketing
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Last: 7 mo ago by Albatross Necklace
Four Seasons Landscaping
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Agreeing.Four Seasons Landscaping said:
I'm not sure if you disagree with something I said, but all I was saying should be stopped is the ability to sell naked shorts.
Four Seasons Landscaping
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Are you just going to keep making stupid barbs about relaxing and "fun at parties" in order to avoid the fact that there really isn't anything the SEC should charge him with?
Four Seasons Landscaping
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gotcha.
If "Kitty" was really this Robin Hood figure as all the idiotic millenial socialists believe-
Wall Street could completely annihilate him today now that he publicized he is the whale who purchased so many shares.
the fact he is still making money just proves this is all theater for the masses of idiots orchestrated by the same Wall Street that he and his acolytes condemn.
Wall Street could completely annihilate him today now that he publicized he is the whale who purchased so many shares.
the fact he is still making money just proves this is all theater for the masses of idiots orchestrated by the same Wall Street that he and his acolytes condemn.
No, you are just being obtuse.
He probably hasn't committed a crime however as I stated above repeatedly. That doesn't matter, they'll find something. Show me the man and I'll show you the crime.......
Clear enough for you?
He probably hasn't committed a crime however as I stated above repeatedly. That doesn't matter, they'll find something. Show me the man and I'll show you the crime.......
Clear enough for you?
Four Seasons Landscaping
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No.
You know the man, go ahead, show me the crime you want the government to intervene in his posting of memes for.
You know the man, go ahead, show me the crime you want the government to intervene in his posting of memes for.
LMCane said:
If "Kitty" was really this Robin Hood figure as all the idiotic millenial socialists believe-
Wall Street could completely annihilate him today now that he publicized he is the whale who purchased so many shares.
the fact he is still making money just proves this is all theater for the masses of idiots orchestrated by the same Wall Street that he and his acolytes condemn.
I think you are misunderstanding why the WSB guys love him. It's not because he is giving any money to the poor, it's because he has figured out how to screw over hedge fund guys that are consistently manipulating the market to screw over the retail trader. Of course he is getting rich off this. I think calling it a "socialist" sentiment is naive. It's definitely more of a small fish versus big fish thing though.
It's less Robin Hood and more The Joker, if anything.
How did this Kitty guy pull this off?
Feels like 4D chess and a whole lotta rope a dope.
Feels like 4D chess and a whole lotta rope a dope.
For an alleged federal crime, it should be said.Four Seasons Landscaping said:
1 - That's not an answer
2 - Trump wasn't convicted by feds, it was a state court
Trump will fix it.
Gilligan said:
How did this Kitty guy pull this off?
Feels like 4D chess and a whole lotta rope a dope.
He just did DD and found GameStop was way overshorted. He had a weekly video podcast where he would talk about how he had bet his entire life savings (when he started his life savings were like $60k) on being right back in 2020, and reddit and others started following him on the trade and almost all refused to sell, causing the squeeze to go higher and higher, and gaining more retail traction. It took about a year initially to pay off IIRC. After the original fiasco bankrupted a hedge fund, he was called into Congress over the deal. So he has a massive following now.
Check out Dumb Money on Netflix for a Hollywood version of the story.
JUST IN: Multiple NYSE stocks have now been halted on volatility due to a technical issue.
— The Kobeissi Letter (@KobeissiLetter) June 3, 2024
Berkshire Hathaway stock, $BRK.A, is currently down 99.97%.
Did Gamestop, $GME, just break the market? pic.twitter.com/aHhZcokoBU
No worries. Grandma Yellen has this under control......
Ghost Mech said:
You must be fun at parties....
BTW - this is what happens when you allow HFT...BREAKING: Berkshire Hathaway Class A stock, $BRK.A, has been halted down 99.97% in what appears to be a market glitch. pic.twitter.com/5cmzyHCd6V
— The Kobeissi Letter (@KobeissiLetter) June 3, 2024
Makes one wonder if this is a distraction intentionally to stop the market.
Ghost Mech said:JUST IN: Multiple NYSE stocks have now been halted on volatility due to a technical issue.
— The Kobeissi Letter (@KobeissiLetter) June 3, 2024
Berkshire Hathaway stock, $BRK.A, is currently down 99.97%.
Did Gamestop, $GME, just break the market? pic.twitter.com/aHhZcokoBU
Phew, Buffett just posted on this platform for the first time in 9 years to clear up this Berkshire Hathaway issue pic.twitter.com/YjDRrcGjKr
— Trung Phan (@TrungTPhan) June 3, 2024
Anything that hurts those who short stocks makes me smile.
And there it is......Wall Street. protecting its turf.
BREAKING: E*Trade is considering kicking RoaringKitty, aka DeepFuckingValue, off the platform, as they are reportedly "growing concerned about potential stock manipulation around his recent purchases of GameStop, $GME," per WSJ.
— unusual_whales (@unusual_whales) June 3, 2024
But shorting $60MM worth of stock is not manipulation.Ghost Mech said:
And there it is......Wall Street beginning to protect its turf.BREAKING: E*Trade is considering kicking RoaringKitty, aka DeepFuckingValue, off the platform, as they are reportedly "growing concerned about potential stock manipulation around his recent purchases of GameStop, $GME," per WSJ.
— unusual_whales (@unusual_whales) June 3, 2024
I'd be laughing if not throwing up.
that's right, only people with Ivy league educations and hyphenated last names are allowed to manipulate the market. I remember the good old days of Covid, when you'd see some random purchase of 1,000,000 call options on Gilead right before a non-peer reviewed copy of a study was "accidentally leaked" showing remdesivir was successful in treating covid (hint, it wasn't).Ghost Mech said:
And there it is......Wall Street. protecting its turf.BREAKING: E*Trade is considering kicking RoaringKitty, aka DeepFuckingValue, off the platform, as they are reportedly "growing concerned about potential stock manipulation around his recent purchases of GameStop, $GME," per WSJ.
— unusual_whales (@unusual_whales) June 3, 2024
Hunt Bros. 4TW.
Trump will fix it.
Is this an indication of how today's "higher education" teaches the fundamentals investing?techno-ag said:
No surprise GameStop is up. Colleges around the country are out for the summer.
Many are (have already?) going to loose their ass.
Science Denier said:But shorting $60MM worth of stock is not manipulation.Ghost Mech said:
And there it is......Wall Street beginning to protect its turf.BREAKING: E*Trade is considering kicking RoaringKitty, aka DeepFuckingValue, off the platform, as they are reportedly "growing concerned about potential stock manipulation around his recent purchases of GameStop, $GME," per WSJ.
— unusual_whales (@unusual_whales) June 3, 2024
I'd be laughing if not throwing up.
DFV was long Call Options, I believe. Using a lot of his profits from 2021 it seems.
https://tips.fbi.gov/
1-800-225-5324
1-800-225-5324
oldarmyjess66 said:Is this an indication of how today's "higher education" teaches the fundamentals investing?techno-ag said:
No surprise GameStop is up. Colleges around the country are out for the summer.
Many are (have already?) going to loose their ass.
How loose of an ass are you looking for?
Quote:
How loose of an ass are you looking for?
Never thought I'd see a F16 Pride Month hook-up.
Crazy times we live in!!
Ghost Mech said:Quote:
How loose of an ass are you looking for?
Never thought I'd see a F16 Pride Month hook-up.
Crazy times we live in!!
You will be one of us soon. Don't fight it.
BREAKING: The Massachusetts securities regulator is probing the trading activities of GameStop, $GME investor Keith Gill aka DeepFuckingValue aka Roaring Kitty
— unusual_whales (@unusual_whales) June 4, 2024
The SEC has announced they are looking at GameStop, $GME options activity for manipulation after Roaring Kitty disclosed his option trades.
— unusual_whales (@unusual_whales) June 4, 2024
For reference, US Congress option trades all the time!
For example, Nancy Pelosi bought $NVDA, Nvidia call options before major bills and… pic.twitter.com/2cSFJyC85E
Next time he should ask his Congressman for help with those complicated options trades.....
Definitely Not A Cop said:LMCane said:
If "Kitty" was really this Robin Hood figure as all the idiotic millenial socialists believe-
Wall Street could completely annihilate him today now that he publicized he is the whale who purchased so many shares.
the fact he is still making money just proves this is all theater for the masses of idiots orchestrated by the same Wall Street that he and his acolytes condemn.
I think you are misunderstanding why the WSB guys love him. It's not because he is giving any money to the poor, it's because he has figured out how to screw over hedge fund guys that are consistently manipulating the market to screw over the retail trader. Of course he is getting rich off this. I think calling it a "socialist" sentiment is naive. It's definitely more of a small fish versus big fish thing though.
It's less Robin Hood and more The Joker, if anything.
Nope, I understand exactly.
the entire point from WSB was to screw "Wall Street" - they said it a thousand times.
my point is that "Wall Street" is making just as much money off of this farce as any of the plebes that think they are "screwing wall street"
This is why the SEC wants to ban Roaring Kitty
BREAKING NEWS: According to the most recent $GME 13F filings, all of the top call-option sellers COMBINED to not have enough shares to satisfy @TheRoaringKitty's 12 million shares currently in the money. pic.twitter.com/OuUyfeShG3
— Kevin Malone (@Malone_Wealth) June 5, 2024
Assuming that's correct, that would force the funds to buy in the open market and retail investors could name their price as the short is squeezed to the moon.
How do these meme stocks work? Does some social media influencer just talk up a stock and his followers rush to buy and bid it up?
It's more that hedgefunds short sold businesses (like Gamestop and AMC) that they believed were outdated.
Redditors on Wall Street Bets realized that the short position was greater than the actual valuation of the company (I believe that for GME, it was 6X), so they began buying up and squeezing the stocks because they knew the hedge funds would have to buy back the stock to satisfy their short position.
Redditors on Wall Street Bets realized that the short position was greater than the actual valuation of the company (I believe that for GME, it was 6X), so they began buying up and squeezing the stocks because they knew the hedge funds would have to buy back the stock to satisfy their short position.
infinity ag said:
How do these meme stocks work? Does some social media influencer just talk up a stock and his followers rush to buy and bid it up?
Watch the movie Dumb Money on Netflix. A really good movie based on GameStop.
Based on that tweet, call option sellers have 9.4M in inventory. Roaring Kitty has a claim on 12M. If so, that leaves a deficit of 2.6M.
Online speculation is that people will set their sell price at $1000. That's $980 loss per stock, or $2.6B loss for the hedge funds.
I'm not sure if they will survive this.
Online speculation is that people will set their sell price at $1000. That's $980 loss per stock, or $2.6B loss for the hedge funds.
I'm not sure if they will survive this.
Albatross Necklace said:
Based on that tweet, call option sellers have 9.4M in inventory. Roaring Kitty has a claim on 12M. If so, that leaves a deficit of 2.6M.
Online speculation is that people will set their sell price at $1000. That's $980 loss per stock, or $2.6B loss for the hedge funds.
I'm not sure if they will survive this.
More like $69,420.00
Albatross Necklace said:
Based on that tweet, call option sellers have 9.4M in inventory. Roaring Kitty has a claim on 12M. If so, that leaves a deficit of 2.6M.
Online speculation is that people will set their sell price at $1000. That's $980 loss per stock, or $2.6B loss for the hedge funds.
I'm not sure if they will survive this.
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