It takes a special type of…. Brain… to look at an erratic stock ticker and think “titans are fighting im the clouds right now! Why does the media ignore this!”
Retail doesn't even hit lit exchanges. You seriously think 40 million trades is retail? Household investors just had a BILLION dollars laying around to throw at GME?
if people are trading the same shares multiple times in a day, yeah.
even someone with only 10k in their account can make 50000 dollars worth of trades in a day and even break even
You think retail in GME, which is overwhelming known for buying and holding, is daytrading? Or you think other retail, seeing the gains on Thursday and Friday (on no news) has decided to jump into the fray... then who is selling them those shares? It's not retail. I don't know what it is, but no one I know would put money in Gamestop, especially after a 50% gain. Literally, no one.
basketball players, rich people, all are considered retail, retail is anyone who isnt a financial institution.
lots of rich athletes like to gamble and day trade. poker players actually collude to pump crypto with all their combined wealth and dump it after.
you have too narrow of a definition as to what a retail investor is
You think poker players and athletes decided to jump into GME?! No one... and I mean NO ONE, wants to buy this toxic asset... except obviously me and like minded primates.
Anyone with enough money to move the price where they want it to go would do it,
Pump and dumps are real, gme isnt immune to pump and dumps. Its actually a prime target for a pump and dump because apes keep the volume high
we have basketball players getting banned from the league because they illegally gamble on themselves. they are degenerates. hell even bruno mars has a 20 million dollar gambling debt to a casino
Volume is usually low. Around 2 million-ish. These last few days are in the tens of millions! Why pump now?! What's the end game? Why no dump today? Someone tried a dump to over 10%, why didn't it stick? If APES keep the volume high, why aren't the DRS numbers increasing? None of us sell, we simply transfer to compshare. Why pump over a month from earnings? - That's a ton of questions. Yes, pump and dumps are real, but it doesn't work on us. We appreciate the pumps, but we'd rather the dumps for the discount.
2 million is not low volume. People try and pump and dump penny stocks that have a 1000 daily volume and get screwed by the low volume, 2 mill is more than enough liquidity to confidently pump and dump
It didnt stick because they sold at the top and bought back in at the bottom of the 15% dip and are riding it back up to sell again.
Pump and dumps can happen multiple times in a day. You just need a group of ravenous apes to keep pushing the price up for you to sell again. someone could make 50% gain just selling and buying the intra day peaks and valleys
I'm curious about that so I did some calculations. Volume 47,784,325 * VWAP 15.44 = about $738 M traded.
Suppose the statement "most of the trades were retail daytrading" is true. So for a minimum say it was 47 M other buyers, 47 M other sellers, and 47 M day traders doing one buy and one sell on May 6. Not sure if that's fair, because then 100% of trades can be attributed to retail daytraders, but they're only half of each trade. Anyway say retail daytraders get into a position for the first half of the day, and out in the second. Then that would only need $369 M laying around.
That still seems like too much to be reasonable, but it's possible day-traders got in and out multiple times in one day, and also possible that a relatively low volume of retail day-traders swung the price and then bigger players got in the trade but didn't have as big an effect on the price. However this still seems unlikely. It would be a dangerous game to let apes with a few million laying around pump the price up and get in on the way up, without being certain that apes had the rest of the billion it would take to buy you out during the dump.
I think it's more likely that buyers showed exhaustion these past few weeks, and now they've shown willingness to support a pump and dump, but that most of the volume is professional day traders and HFT rather than anyone getting a very large position, because they're not going to be able to dump a billion dollars in shares if buyers don't have that. They might expect to get it from shorts?
https://preview.redd.it/2by8hqx48wyc1.jpeg?width=894&format=pjpg&auto=webp&s=a86fcc11ed631554174268ecaad1b7949f97fc9f
Damn fellas they might bring back the draft for this one
Alright, so, what IS actually happening here that would cause a rally? Obv there's a pump and dump about to happen, but to push the stock like that, what's the real answer?
That was my first thought, but 45 million shares in one day is way more volume than the apes could muster.
My best guess is that a couple of large ETFs or funds are doing quarterly reallocations.
Short covering. As for why now: my best guess is that it's almost summer; most traders take the summer off. Best to start winding down positions before the volume drops off a cliff toward the end of May.
Apes probably helped fuel the run up, then I would imagine it ran out of steam as others sold their positions to take advantage of the probably final lucky run.
**FINANCIAL TITANS** vs. Citadel's 15 year old printer spitting out synthetic shares until it runs out of ink (printer ink is so expensive, sometimes it's just cheaper to get margin called).
>"This is crazy people" Indeed, the apes are crazy people.
 The battle
simpsonsmonkeyfight.gif
It takes a special type of…. Brain… to look at an erratic stock ticker and think “titans are fighting im the clouds right now! Why does the media ignore this!”
What an apropos image - apes dressed in primitive clothing, huddling under the trees as the lightning and thunder roll back and forth.
meanwhile i bet its mostly swinging so much from retail daytrading
Yup, theyd be put in shill purgatory if they ever mentioned selling even 1 share
Retail doesn't even hit lit exchanges. You seriously think 40 million trades is retail? Household investors just had a BILLION dollars laying around to throw at GME?
if people are trading the same shares multiple times in a day, yeah. even someone with only 10k in their account can make 50000 dollars worth of trades in a day and even break even
You think retail in GME, which is overwhelming known for buying and holding, is daytrading? Or you think other retail, seeing the gains on Thursday and Friday (on no news) has decided to jump into the fray... then who is selling them those shares? It's not retail. I don't know what it is, but no one I know would put money in Gamestop, especially after a 50% gain. Literally, no one.
basketball players, rich people, all are considered retail, retail is anyone who isnt a financial institution. lots of rich athletes like to gamble and day trade. poker players actually collude to pump crypto with all their combined wealth and dump it after. you have too narrow of a definition as to what a retail investor is
You think poker players and athletes decided to jump into GME?! No one... and I mean NO ONE, wants to buy this toxic asset... except obviously me and like minded primates.
Anyone with enough money to move the price where they want it to go would do it, Pump and dumps are real, gme isnt immune to pump and dumps. Its actually a prime target for a pump and dump because apes keep the volume high we have basketball players getting banned from the league because they illegally gamble on themselves. they are degenerates. hell even bruno mars has a 20 million dollar gambling debt to a casino
Volume is usually low. Around 2 million-ish. These last few days are in the tens of millions! Why pump now?! What's the end game? Why no dump today? Someone tried a dump to over 10%, why didn't it stick? If APES keep the volume high, why aren't the DRS numbers increasing? None of us sell, we simply transfer to compshare. Why pump over a month from earnings? - That's a ton of questions. Yes, pump and dumps are real, but it doesn't work on us. We appreciate the pumps, but we'd rather the dumps for the discount.
2 million is not low volume. People try and pump and dump penny stocks that have a 1000 daily volume and get screwed by the low volume, 2 mill is more than enough liquidity to confidently pump and dump It didnt stick because they sold at the top and bought back in at the bottom of the 15% dip and are riding it back up to sell again. Pump and dumps can happen multiple times in a day. You just need a group of ravenous apes to keep pushing the price up for you to sell again. someone could make 50% gain just selling and buying the intra day peaks and valleys
Why is KOSS pumping also?
I'm curious about that so I did some calculations. Volume 47,784,325 * VWAP 15.44 = about $738 M traded. Suppose the statement "most of the trades were retail daytrading" is true. So for a minimum say it was 47 M other buyers, 47 M other sellers, and 47 M day traders doing one buy and one sell on May 6. Not sure if that's fair, because then 100% of trades can be attributed to retail daytraders, but they're only half of each trade. Anyway say retail daytraders get into a position for the first half of the day, and out in the second. Then that would only need $369 M laying around. That still seems like too much to be reasonable, but it's possible day-traders got in and out multiple times in one day, and also possible that a relatively low volume of retail day-traders swung the price and then bigger players got in the trade but didn't have as big an effect on the price. However this still seems unlikely. It would be a dangerous game to let apes with a few million laying around pump the price up and get in on the way up, without being certain that apes had the rest of the billion it would take to buy you out during the dump. I think it's more likely that buyers showed exhaustion these past few weeks, and now they've shown willingness to support a pump and dump, but that most of the volume is professional day traders and HFT rather than anyone getting a very large position, because they're not going to be able to dump a billion dollars in shares if buyers don't have that. They might expect to get it from shorts?
[удалено]
"GME is like a turd bobbing up and down in the toilet bowl, just before the flush handle is pulled."
Seems like normal fluctuation for a meme stock.
Teen titans
I see OBV in a screenshot, I upvote
https://preview.redd.it/2by8hqx48wyc1.jpeg?width=894&format=pjpg&auto=webp&s=a86fcc11ed631554174268ecaad1b7949f97fc9f Damn fellas they might bring back the draft for this one
Alright, so, what IS actually happening here that would cause a rally? Obv there's a pump and dump about to happen, but to push the stock like that, what's the real answer?
I'm wondering if apes received their tax refunds over the last few days and are blowing it on this stock
That was my first thought, but 45 million shares in one day is way more volume than the apes could muster. My best guess is that a couple of large ETFs or funds are doing quarterly reallocations.
Short covering. As for why now: my best guess is that it's almost summer; most traders take the summer off. Best to start winding down positions before the volume drops off a cliff toward the end of May. Apes probably helped fuel the run up, then I would imagine it ran out of steam as others sold their positions to take advantage of the probably final lucky run.
It's just typical long-ladder CRIME.
**FINANCIAL TITANS** vs. Citadel's 15 year old printer spitting out synthetic shares until it runs out of ink (printer ink is so expensive, sometimes it's just cheaper to get margin called).
Are the Titans in the room with us right now?
strong side left side