Wow - what a week. This is an extension of my DD series on GME. If you haven’t read them and have time, they will provide some background on my previous predictions, some of which have already come true. submitted by FatAspirations to wallstreetbets [link] [comments] Previous Important Posts
What’s happened thus farWhy did GME go up on Friday?The story here is more complex than paid media articles would like you to believe. GME has been driven up by 3 different forces:
Why did GME come down?Here’s where things got interesting for me, and something I think happened again today (Monday) when GME climbed up over 100% but then had a rapid reversal, closing 20% above yesterday but closing below open.So Friday looked like a slam dunk - gamma squeeze, no shorts available to short, puts were getting exceedingly expensive as a short tactic. What happened? This is my fan fiction, based on what I saw. I believe market-makers took a non-neutral stance and began actively shorting the stock after the second halt. Market-makers are responsible for maintaining liquidity and functioning in the stock market, but they also have abilities that others don’t - for example they are legally allowed to naked short for “liquidity purposes”. They also have the ability to halt trading. There were two halts in the day on Friday: First, when GME was up 69% (heh heh), and then a few minutes later when it kept climbing after the first halt was relaxed. Note that at the time of the first halt, the bid-ask spread was $10 on the underlying a huge signal that there just were not enough shares to buy. However, after the second halt, something strange happened. Whereas a few minutes prior, there were no sellers willing to sell their shares below $75, within 15 minutes after the halt there were sellers at 70, 65, 60, and 56. Where did these sellers come from? Incredible momentum reversal on Friday 1/22 to push the price not too far above the 60c strike price. My speculation? This was a coordinated naked short ladder attack. In this type of attack, short seller A sells to short seller B, who then turns around to short seller A at a lower price, etc. and with a very small amount of capital you can wreck the momentum of a stock and make people think that others are running for the exits. Notice how the stock dropped from a high of $75 on Friday to below 60 - the highest expiring SP for the 1/22 options, and stayed tight in range for the rest of the day. Now, for compliance reasons, MM are required to be neutral by EOD, so 20 minutes before close, MMs had to buy back all their short positions, which led to the strong close above 60. All this led me to believe that the real fair market price for GME was above $65. Without the market makers interference, GME would have closed higher. A repeat on MondayThe short ladder attack repeated on Monday.GME opened strong above $90, and quickly climbed to a high above $155 before it was halted, immediately after the halt, a short ladder attack again drove the price down Dejavu - Incredible Momentum Reversal after trading halts. Both days, there were rapid and significant reversals in momentum. Now, I kept wondering - why would MM’s take the side of the shorts? What’s in it for them? One theory was that they were not adequately hedged, with the low liquidity of the stock meaning that the price was moving up too fast for them to acquire the shares they needed to. But then the news hit today: A new opponent enters the ring:https://preview.redd.it/8htb0scgpkd61.png?width=926&format=png&auto=webp&s=228a8a84e592ea4642a61c5e07e07ae344ac8f2c That’s right, the same Citadel listed by the NYSE as one of their designated market makers is now invested in Melvin’s hedge fund and has a financial interest in the direction of GME’s share price. Hey media - you want a manipulation story? You’re missing the big one. Now what?Shorts have pulled new dirty tactics each time they’ve been pushed to the edge. Paid media attacks, Citron’s fluff tweet + coordinated shorting, and now they’ve got the actual people who get all the order flow on their side.On the other hand, GME is still up over 20% and now trading at $88.00 after hours, which is well above the previous day’s high. https://preview.redd.it/rr5qet4ipkd61.png?width=724&format=png&auto=webp&s=96d28bf446a714906712503726f5903a681d5368 What this tells me is that GME’s true price is still being suppressed. They are using every tactic possible, even changing the bid-ask spread rules on options to specifically target retail’s buying of options. We’re now playing the game against the folks who write the rules of the game. Some shorts may have covered today - with prices below $60 at one point they had some great opportunities to. However, there is no way all of the shorts who need to exit covered today. The short position still lost 20% from yesterday. They’ve got more fingers in the dam, but it’s definitely cracking. Also, every call option purchased prior to 1/25 is ITM and profitable, while every put option purchased prior to 1/25 is OTM. And, for some reason, the SEC still doesn’t want to enforce the threshold securities list for GME, where it’s now been on for more than 30 days in a highly covered “short squeeze”. https://preview.redd.it/rbrf6khjpkd61.png?width=936&format=png&auto=webp&s=7e4f432ff02dbf475a03cc68c54a5a0f5f0de429 Margin impacts:Note that at this point, most brokers have increased margin on GME. This means that people that are long or short on margin will need to put up capital to hold their positions.This also means puts will get more expensive as people who sell puts will have to maintain 100% of the notional in their accounts to secure the put, so MMs will have fewer retail sellers of puts to absorb the demand. That means it’s not a bad idea to sell puts to acquire shares if you’re aiming for the long-term and not the squeeze, but keep in mind you’ll need the exact same capital as if you’d bought the shares, so it’s up to you on this. For shorts, a margin increase while the price is moving against you (even with retracements) is no good. My speculation
Things to be careful aboutAs you can see, this is no easy win. I've been in GME for a few months but I've seen almost every trick in the book. In addition to the suggestions I wrote about in this post, here’s some things to be careful about.
1/26 UpdateHi everyone. Sorry for not posting or replying to comments. I was auto-banned from WSB when this post was auto-deleted by the auto-mod. Thanks to u/zjz to reversing the auto-deletion of the post though as it looked like it was helpful to the community.Hope you all made a ton of money today! Quick Notes:
|
Ok retards listen up. Been seeing lots of cucks writing small DD pieces of bullish or bearish shit. You cucks need to read this cos this is the whole fucking thing.this is also basically my magnum fucking opus so upvote retards. Dont give me awards, legit go buy a powerup membership for a year. Cant tell you to buy shares because we gonna get closed down by SEC somehow.im also not some fininacial advisor or whatever just read this and make your own conclusions degenerates. Im not fucking liable lmao but i am balls deep 125 shares @ 19 average now, its literally all I have on this earth. TLDR: GME DD sumarized, Margin wont affect longs the same way as shorts right now. Dont buy shares on margin though and get ready to supply collateral regardless. Short interest is up and some smart retards are on our side. Read the post to raise your IQ from 8 to 9 though. 🐻 🌈s mega fuk and even posting high level bear shit to scare us. Compulsory 7 rockets so you autists dont start having a seizure or something: 🚀🚀🚀🚀🚀🚀🚀 Basically been seeing posts about "blah blah margin this, short interest this, WS to clever blah". Going to split this post into distinct sections but im no english degree cuck so dont expect any bear bloomberg level shit or something 1. GME is a fucking steal regardless of squeeze. Buy now or be left on a dying planet while we head to alpha fucking centauri.So basically everyone here knows about Ryan cohen and his horsemen of the apocalypse coming to steal melvins lunch money. This man bought apple stock in 2017. Hes fucking rich. Hes also an eccommerce wizard, taking CHEWY from a measly 100k co-founded company to a $4 Billion company in 2017 at which point he sold it to petsmart or something. Its now valued at $40 Billion, granted anything eccommerce now gets money thrown at it like a stripper in a high flying strip club or some shit idk im a virgin so dont listen to me, so it may well be a bubble. Regardless the thing grows its revenue like bacteria doing binary fission on agar jelly 🚀🚀🚀🚀.THEY SELL FUCKING PET FOOD. the market for that is like what? $1?. Gaming is going to the moon and is basically recession proof because of how cheap game is compared to other things for how much you get out of it. Any bears saying that Gamestop cant compete with digital or with amazon. Ryan cohen already slapped amazons head in with a no name brand. Hell fucking do it again. About digital everyone here already knows, microsoft deal, Ryan cohen also mentioned the possibility of having "Digital game exchanging" or something, image below. Online trade ins. It says online.🚀🚀🚀🚀🚀🚀🚀 He also mentions streaming, digital content etc and aside from all the digital stuff wants GME to move to a community centric structure where big stores operate with VR centres, Internet cafe, table games like Dungeons and dragons and 40k (rapidly growing somehow will boom post covid) and as we now might know due to this post: https://www.reddit.com/wallstreetbets/comments/kypuyb/gme_dd_buildapc_kiosks_coming/ BUILD YOUR OWN PC KIOSKS. This is the literal smell of money. Go to your Gamestop to build your PC with your kid? Gamestop is already the goto place wher your parents go to get you your latest digital fix so now they can go build PC's and it cant go tits up? Now for some pussy boomer talk (aka fundametals or something). The expected Q3 EPS was -0.84$ or something close to that. The actual loss was -0.53$ but boomzoids only talked about the revenue drop. No shit sherlock its closing all its dead weight stores. In the holiday report I will talk about a bit more below, 11% of stores were closed and revenue dropped only 3%. Comparitive store sales increased nearly 5%. They cant get enough consoles to sell so expect the momentum to carry on for the whole year I expect. Eccommerce is up 300% over holidays. In Q3 they reported 800% to date. In 2020 Gamestops eccomerce went up 24x. YES YOU READ THAT RIGHT. Online sales now account for ~33% of Gamestops sales now. This is literally gold dust for ryan cohen. We are still trading at 0.38 P/S at this price. The average P/S for the SP500 is 2.753. Massive upside on these two numbers alone. Burry got in this for the MOASS and the intrinsic value. At the time intrinsic value was like $22 and this will pump up as RC takes it to new heights. GME in Q3 somehow halved the expected loss. Big Bad Boomer sherman somehow didnt fuck it up that bad by saying "omnichannel" at the speed of light. Yes the revenue dropped 30% but thats covid for you. As the PC kiosk post above shows GME now sells small items basically so fast they have to have fake stock lmao. The new console cycle always spikes the share price sky high too, as youll see in a crayon drawing later. The potential revenue that this console cycle brings in could be huge. Biggest ever is potentially a true statement and Gamestop sells every fucker they get. Combine the fact that they share game pass ( a massive hit) revenue from the xboxes they sell, something no other retailer has, revenue could be sky high. Now I know you autists are starting to develop short term dyslexia or something but keep reading. This could be the most important piece of shit you read in your life. How do you think I feel? My brains overheating just trying to write coherent sentences. Holdiay report was a bear trap imo, saw people saying the decrease in revenue was bearish blah blah blah. Lies. Comparitve store sales rose 5% and thats with some towns having like 4 gamestops. When the leases dont get renewed and these stores get liquidated (Also in Ryan cohens letter) they can just get this influx of cash and pay down debt and invest in logistics and marketing and new growth. Gamestop realistically needs like 1/2 the stores they have now and just need to improve efficiency. https://www.entrepreneur.com/article/349890 this article the messiah himself wrote. In it he states: At Chewy, we had maniacal discipline when it came to how we spent money. The company-wide culture of frugality came from his example. Free cash flow was our unwavering governor of growth. We grew Chewy from $200 million in sales in 2013 to $3.5 billion in 2018 while spending only $130 million in capital, all of which went into opening distribution centers across the country and acquiring new customers.Maniacal. Thats all I need to say. The guy is going to get to mars before papa musk and he wont even break a sweat. When FCF starts to catch up to WS expectations every analyst who donwgraded them is gonna get ditched and upgrades will start to happen. So in the heading i said its a steal. That implies some future higher price target right? Well here is my guess for a conservative price target based on the information above and also some more I probably forgot cos im a retard. The difference is where share price looks to be and where market cap places us is due to difference in outstanding shares (another reason shorts are fuk) The difference is where share price looks to be and where market cap places us is due to difference in outstanding shares (another reason shorts are fuk)This alone means if for not inflation adjusted terms we reached 9.8Bn or whatever the crayon chart says we should reach: 9.8/2.48 = ~3.95 3.95 * $35.5 = ~$140. The share price now to reach old mkt cap is $140 fucking dollars. Thats a 4 bagger from now. It gets better. from statista : Considering the annual inflation rate in the United States in recent years, a 2.24 percent inflation rate is a very moderate projection.If we take 2.24% inflation, the this share price target in todays money means we should reach $182 because of $140 * 1.0224^12, = $182 in adjusted. Thats more than a 5 bagger. basically we could see $10 GME price from short manipulation and buying more is basically a lottery ticket! I really dont understand the bear thesis. The only bear thesis ( short term this one) was that margin would affect longs more but I looked at it on ortex and its basically bullshit. Buy shares with cash though dont use margin. Own your piece of GME dont borrow it. Bears just spout "DigITaL" or "BlOCKbuSTER" so much Ryan tweeted a shit emoji at them. All the bears think theyre clever. What the fuck makes those cucks special? How are they different now than the ones from $2, or $4, or $10. Bears are betting against: Ryan fucking cohen, buisness legend CHEWY from 100k investment, now 40 billion Michael burry, Investing legend, predicted the housing crisis and is in GME since april u/DeepFuckingValue , the new WSB god chad, now basically a whale Reggie Fils-Aimé, gaming and buisness legend, former COO of nintendo Senvest, a mega fund thats actively managed Norweigan sovereign wealth fund Fidelity, Vanguard and blackrock own this shit and are never selling they literally dont give a shit All of WSB has now formed a shield wall against the bears Microsoft gave GME highly discounted azure deals and free office use for all employees and a revenue sharing agreement. Bears are stupid if they think MSFT didnt vet GME. Some valid bear thesis left now (the only ones left) -- Ryan Cohen dies. 2. Now some analysis on the short squeeze and some technical data on puts and calls and ortex data.Ok everyone on here and their cat, dog, bedbugs and wifes boyfriend knows about the squeeze. Jimmy chill aka cramer even talking about it. Gamestop is literally the most shorted stock of all time and space. The squeeze makes every autist salivate because its basically free money while cucking big money out of like what 1% of their fund.Although I know all you cucks hate shares, and hate holding, if the squeeze doesnt happen selling is probably the most retarded thing anyone could do. Its literally buy high sell low and you fucking disgust me. STONK ONLY GOES UP. This squeeze is so monumental that its been sucking sharks in like fresh blood. Most of the funds where shorting this from 30-15 dollars before this year so they didnt really care. It all changed with 2 people. u/DeepFuckingValue and Dr. Michael Burry. These guys are as OG as it gets with GME. I think u/DeepFuckingValue may have even sniffed this trade out before the legend himself. Since then funds will have churned this through their rules and started jumping on this train. Ive been in since $13 with 125 shares. If I had more money Id be buying but im just some stupid student ok. Im merely a medium for this money made information. The stats for this stock now short wise are, from ortex: Concrete short interest as of 31 December 2020: 71 Million. Estimated short interest, January 11th data: (This isnt predicted, this is from data in flow, has margin of error) : 77 Million Short shares on loan 7 days ago: 50 Million Short shares on loan now (This breaks the bearish margin calls affect longs more thesis): 54.2 Million % of known float short: 147% as of 31 December 2020 % of know free float on loaned shorts: 108% as of January 11th. Some guy on here took into account extra buying on wednesday, Institutions, Burry, RC's extra 7% and WSB ownership (something so stupendously retarded no serious firm will do it) that float on short could be in the 100s of %. Total short float now I would say could be 200-400% if the numbers are correct. This pisses on all other short squeezes. Some countries ban shorting above 100% cos of how autistic it is. The recent hike in interactive brokers available shares is probably a mix of sell off on friday (remember some guys are now buying lambos with GME money. If they held they could buy 10), calls exercising and puts being covered and brokers ditching the shares. Nakedshort even reported 5 million naked GME shorts on friday. This is bullish as fuck because the best the shorts could do on a red market day was -10%. Gamestop is still on the SECs threshold list for 27 days now. This shows naked short selling and downwards pressure hasnt capitulated Need rockets 🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀: Ok so now if WSB owns an estimated 6-8% of the stock and we all know to move over to cash accounts now to avoid margin calls, we should be minimizing longs getting margin called. Every bear on stockwits is a clueless cuck who spouts "blockbuster" and these guys dont even know what margin even is so my bet is the colossal 54 Million shares short on loan are gonna be affected by the margin calls more. Why? Because every long on margin is in the green, and now a true zealot/extremist/autist for ryan cohen so will supply their account with collateral to avoid margin call. Shorts are in the massive red zone. How do I know you ask? Ortex data from Jan 4th 2021: This is the data from ortex for short interest for Gamestop for Jan 4th So this shows for jan 4th the estimated short interest is 66.98 Million shares. From the exchange reported 71 Million on december 31st this makes a lot of sense because the share price fell from ~21 to ~17 so shorts took profits. The shares on loan arent for longs too. This is all purely short data, and 47M shorted at $17 this shows. These shorts are in a circle of hell we cant comprehend and makes satan scared. 🚀 🚀 🚀 🚀 🚀 🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 Now for the data for this week: Ortex short data for Jan 14th for Gamestop SHARES ON LOAN HAVE GONE UP. BUT 87% OF LOANED SHORTS WHERE SHORTING AT SUB $20. Cost to borrow is also up, estimated short interest is up to a cataclysmic amount. Longs on margin need to supply collateral, but we are in the massive green zone, shorts are underwater. Margin calls will ravage the shorts and sting the longs. We also have the uptick rule in place until the end of the day, so shorts can only short on the way up. Im not saying itll happen but this shit is skewed in our favour big time. we need to 💎🙌💎🙌💎🙌💎🙌💎🙌💎🙌💎🙌💎🙌. 🚀 🚀 🚀 🚀 🚀 🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 Seen a lot of talk about Gamma hedging and delta. You realize that the fucking bankers and brokers dont understand gamma hedging right? That shits up their with the black-scholes equation and feynman-kac solution. Forget about it. The retards claiming to understand it are either payed by hedge funds or lose money. The guy who took out outs thinking options exercising and gamma hedging would lead to a collossal sell off on friday lost money on his puts because no one except some quants in a goldman sachs server room know this shit. The idea is simple about neutral delta on options that people take out, but the simple system interacts with every other thing in the stock market, and wow who couldve guessed it, like nearly any other element of the stock market predicting something by the day is nigh impossible. That guy talking about Gamma , Delta and margin calls is on weeklies. Hes no more autistic and equally retarded as all of us. Hes a chill guy though so dont berate a fellow brother. Now weve established the likelihood of longs getting margin called is far smaller than shorts, on to the options distributions Two images now: Top one is before the end of the 15th, the other one is after market close: This shows the suspected melvin puts (51000 contracts, 5 Million shares, rolled up from july, strike price $24) and lots of big ITM calls. 🚀 🚀 🚀 🚀 🚀 🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 This shows the big put contract didnt get rolled over and the big ITM calls got exercised on friday. Large puts are underwater big timem while calls are in the big tendy zone. These two graphs, show before market close and after. As we can see the massiver 51000 put contracts didnt get rolled over and the chances that those were melvins july puts rolled up is very high. They expired worthless. Lots of calls are printing big time while huge amounts of puts are worthless and bleeding money. Something else we can extrapolate from the charts is that massive options trades are not present on the scale we saw before (tens of thousands). 🚀 🚀 🚀 🚀 🚀 🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 We are seeing a discrepancy in the number of puts/calls opening up at the higher prices with calls gaining fast. This could show that some funds are now becoming optimistic on the long or short term prospects of gamestop. There are also more puts than options and if we assume this for shorts vs longs on margin (without even taking into account that all shorts are borrowed shares and pay interest further bleeding cash) then shorts are likely on more margin than longs. Regardless fellow autists my main point is two show that the bears are underwater and the bulls are flying high with regards to options. Now lets compare this possible squeeze with others. Bear in mind this is the most shorted stock of all time, but differences in free float change the share price differently. Kodak went from $2.16 to $33.2 Volkswagen went from ~200 euro to nearly 1000. Overstock went from ~$21 to $123 Blue apron went from $2.31 to $18 Ive been seeing some estimated that 1 million shares is roughly a dollars move in share price. This maths is about to be pretty autistic so bear with me degnerates. $1 now is 2.81% of the share price. Everything in the markets is exponential and based on percentages. So if we assume a full squeeze of ortexs estimated short interest (This assumes no sell off and no new shorts, new shorts can be positive or negative depedning on when in the squeeze they happen) $35.5 * 1.0281^77 = $299. GME to moon. 🌑 . This shit can happen. Hold on. GME has squeezed and been manipulated before and it always happens around the console cycles. Shorts never win and they wont win now. This post right here I found months ago and got me in the squeeze from the honourable and valiant u/Uberkikz aka Rod Alzman Basically the crayon chart shows green (outstanding shares) orange ( short shares) purple (Market cap) and cyan (Share price). In 2006-2008 the share price rose in tandem with short interest ( Like now ) Until console releases when you can see an abrupt squeeze happend mooning the share price. This happend to a degree in 2013 with the xbox one but worse conditions for the company and a worse console launch lead to slow short covering but the share price still mooned. Now we get to the best part. History is repeating itself for the third time and the shares sold short are literally higher than the outstanding shares, which have been decreasing since 2010. Short shares are also at the highest point ever and GME hasnt had a brighter future, well ever. Ps5 and Xbox Series X. are the two most hyped consoles since the Ps2. This is setting up the foundations for massive price movements weve never seen before. This shit has literally never happend, ever. Uncharted waters and we are the captain. For the insurmountably retarded autists who think that the squeeze has happend look upon this and despair: https://www.reddit.com/wallstreetbets/comments/kwpf6k/gme_gang_there_hasnt_been_a_short_squeeze_yet/ IHOR IS A MEGA WIZARD Ihor I quote: A long-buying tsunami ... is the primary factor for the price moveIhor Dusaniwsky is managing director of predictive analytics at S3 a firm similar to ortex. He told bloomberg that the squeeze hasnt happend yet and that this was long buying. If someone knows this shit its him. He was talking about the tesla squeeze in january 2020. He has access to resources we can only imagine. Barrons cut his comment that the squeeze hasnt happend yet out it was that fucking bullish. All the media ramming down "Short squeeze has happend" down peoples throats because bears are fucking scared. The bots on stocktwits spamming bearish sentiment should show how rattled they are. Edit: You fucking degens just enlightened me that cramer pump is real, funds are ruminating over the long weekend, and stmmy bills pumps stonks and that stimmy bill buys many an xbox. See you at andromeda! Also more rockets. Edit**: Some autists thought lottery ticket was misleading so instead, gauranteed lottery numbers!** Edit 3: RYAN FUCKING COHEN TWEETED THE HOMIE JUST TWEETED. PEANUT EMOJI. HES 1) NUTTING 2) SAYING 35 IS PEANUTS 3) GIF SAYS THERES A CHANCE, SHORT SQUEEZE IMMENINT HOMIES Edit 4: Amazing post here showing that unlucky prize guy was wrong like I said. Ihor also talked about the hypothecation agreement. Edit 5: This is true and I forgot to add from u/luncheonmeat79 via /wallstreetbets sent 2 minutes agoEdit 6: We are scraping 42 in frankfurt. Granted its low volumes but pre market should open at these prices I think? Conclusion: Buy shares with cash not margin. Hold shares forever unless RC dies (Shame hes a cybernetic demigod), Melvin bad, Shorts fuk, 🐻 🌈 posting bearish shit are doing weeklies for the second time after they expired red on friday, GME to $200 without squeeze, Ryan cohen a god, GME is still a value play, Good luck have fun. |
Date | Volume | Price at US Market Close |
---|---|---|
Friday, 1/22/21 | 197,157,196 | $65.01 |
Monday, 1/25/21 | 177,874,00 | $76.79 |
Tuesday, 1/26/21 | 178,587,974 | $147.98 |
Wednesday, 1/27/21 | 93,396,666 | $347.51 |
Thursday, 1/28/21 | 58,815,805 | $193.60 |
Justin: Last month, Assistant Game Director Joe Blackburn spoke about some changes we were making to gear in Season 13 in response to some feedback. Today we’re going to briefly chat about what some of these changes are as they relate to our back catalog of expansions, and the reasoning behind them.
First let’s review a list of what you’ll see starting in Season 13:
We are making these changes to help preserve the relevancy of the destinations, specifically some of the pinnacle end-game activities that still exist there. To get more specific around the actual experience, activities where re-issues are acquired will be heavily weighted towards rewarding re-issued gear over capped gear -- though the exact weighting and mechanisms may differ. For example: In the Dreaming City if you have already obtained an infusion capped weapon, it will not drop for you again.
- Reissued Dreaming City Reverie Dawn and Moon Dreambane armor.
- These will also drop with high stats when earned in Shattered Throne or Pit of Heresy.
- The final chest in Pit of Heresy will no longer drop a fully Masterworked Dreambane armor piece.
- Instead, the Dreambane armor piece that drops will have 7 armor energy and is guaranteed to drop with at least a +16 in two different stats and higher stats overall.
- Dreambane class items will not drop from this chest.
- Reissued 4 weapons for Dreaming City with new Perk Pools.
- Waking Vigil, Sleepless, Vouchsafe, and Retold Tale.
- Dreaming City weapons that drop in the Shattered Throne dungeon can roll with perks that are unavailable from drops from other reward sources.
- Reissued 4 weapons for the Moon with new Perk Pools.
- Premonition (Pit of Heresy only), Heretic, Blasphemer, and Apostate.
- Weapons that drop in the Pit of Heresy dungeon can roll with perks that are unavailable from drops from other reward sources.
- Expanding Lost Sector Legend and Master rotation to 4 Moon Sectors.
- K1 Logistics, K1 Communication, K1 Crew Quarters, and K1 Revelation.
Image Link
While not every gear source or Legendary reward will be kept up to date for the entire lifetime these destinations are available, we do believe there’s high value in targeting some specific activity drops for continued relevancy to give you more options for where to spend time as you seek to improve your arsenal.
Justin: The rewards for continuous ritual playlist completion has been a subject that’s come up several times as we’ve looked over Beyond Light feedback, and we’re happy to announce some changes coming soon to Gambit, Crucible, and strike reward structure.
Firstly, we’ll be adding two new unique weapon rewards to each of the three playlist rituals (so six total across all three activities). These weapons are in addition to the ones added in Season of the Hunt, and continue to have a small chance to drop at the end of each activity.
Second, starting in Season 13 for Gambit and Crucible (Valor) and in a future Season for strikes, rank rewards will be visible on the ritual vendors. Each Season you’ll be greeted by a row of rewards, progression toward which will be earned automatically as you complete relevant playlist activities.
Instead of having rank rewards dropped automatically into your loot stream, they now will be picked up manually from the vendor lists. We feel this gives much better visibility into what you’ll be earning as you progress, and helps you make better choices about where to spend your time.
Image Linkimgur
Progression is on a per-ritual basis. You can be on Rank 10 for Crucible and Rank 4 for Gambit, for example. You’ll reset your rank right at the vendor by picking up the final reward.
Rewards for each individual ritual are as follows:
Every rank-up awards a base Ritual Engram just like before. Additionally, each of the above ranks also awards a Prime Ritual Engram.
- Rank 4: 3x Upgrade Modules
- Rank 7: 3x Enhancement Cores
- Rank 10: Seasonal Ritual Shader (changes to 3x Enhancement Cores after resetting your rank)
- Rank 13: 2x Enhancement Prisms
- Rank 16: Seasonal Ritual Emblem (changes to 2x Enhancement Prisms after resetting your rank)
- Reset Reward: Ascendant Shard (changes to Exotic Engram after resetting your rank)
Image Linkimgur
Due to this automated progression, Crucible Tokens and Crucible Token Gifts are no longer needed and will be deprecated into junk that will delete as a full stack starting in Season 13. So, cash those tokens in before the end of the Season, and get ready to earn some Masterwork materials!
Tomo: Over the holiday break we saw Trials go live, and with that a wealth of valuable feedback from the community. Along with this feedback, we have been tracking data from Trials and identified some short-term changes, as well as more mid-term goals we are focusing on in the coming weeks and months.A few of you noticed that prior to our holiday break, we were able to get a few sandbox changes delivered faster than expected. Thanks to changes on Destiny 2’s backend and the Destiny Content Vault, our patch pipeline is indeed better than before! That said, some changes won't happen at light speed, as our team wants the appropriate time to collect feedback, check the data, and test proposed changes.
Short term goal: Address outlier Stasis abilities to keep subclass decision making interesting.
Mid-term goal: Improve PvP subclass usage and win-rate balance.
- Reduce the potency of Shatter Dive + Whisper of Fissures against Guardians, going live with Update 3.0.2.
- Shatterdive
- Now has damage falloff vs. unfrozen targets
- Max range damage reduced from 50 to 5
- Damage reduction during ability reduced from 50% to 25%
- Whisper of Fissures
- Reduced max-min damage vs. non-super players from 42-22 to 30-4
- Reduced max-min damage vs. super players from 42-22 to 16-2
- Reduced detonation radius vs. players from 10m to 9m
- Investigate the efficacy of the Stasis Titan Behemoth Super. We want to let the above change settle to see where the Behemoth stands in our PvP hierarchy, but this is next on our radar.
Mid-term goal: Review our ability-to-gunplay balance in PvP.
- Addressing Stasis ability outliers will help us lower the ceiling, but we also want to pull up other underperforming Light subclasses.
- Destiny is a game about both explosive space magic moments and intrinsically satisfying gunplay. Especially in our 3v3 playlists, the usage of abilities has climbed as we introduce more and more ways to charge them quickly.
- We’re still in very early discussions, but we’re looking into restoring a better balance where proper gunplay is rewarding in these playlists.
Ivan: Privet!
My name is Ivan and I'm the latest community manager added to the team for Russian speaking Guardians. In Destiny 2 I enjoy making raids more complicated by doing them with fewer than six people and endlessly roaming around Europa on my Warlock, which for me is a meditating experience.
Some of you might know me from my past work at Blizzard Entertainment, where I worked as a community manager for different titles. This experience will help me, but I will also be thankful for your guidance. Feel free to reach out to tell me what works, what doesn’t, and how things can be improved for the Destiny community. One day, when real-life gaming events finally become possible again, I will be happy to meet you in person. But for now, let’s stay in touch on Twitter, VKontakte, and on the Russian Bungie Forums.
It’s an honor to work with such an amazing community. My job will be to pass the voice of the players to developers, help local content makers grow, manage Russian social media channels, and take care of many other duties. I’ll do my best to be Ivan the Great not the Terrible!
P.S. Hopefully one day I’ll even get used to the fact that Hydras explode after death :)
Spasibo.
#ShareFactoryStudio #PS5Share pic.twitter.com/AW1XpA0S4GMake sure to put a link to your Bungie.net profile in the description of your video. Why? We have a sweet emblem to grant you for your troubles. As always, upload your finished product to the Creations page.
— WisMiStazix 🥶🥶 (@25300Milan) January 5, 2021
The Star Wars theme continues! This time I made the Rogue One Darth Vader scene![#Destiny2](https://twitter.com/hashtag/Destiny2?src=hash&ref_src=twsrc%5Etfw) #DestinyArt #destinythegame #BeyondLight #destiny2art #starwars #digitalart #blenderart@rDESTNYCREATION @DestinyComArt pic.twitter.com/PVEHbKHDRPArt of the Week: On Ashen Wings
— Ohlac 🎨 (@Ohlac3D) January 11, 2021
“On Ashen Wings”Art of the Week: Fire and Ice
Fun commission to kick off the year.@Bungie @rDESTNYCREATION @DestinyComArt #DestinyArt pic.twitter.com/HrUhuLBHcd
— Michael “Built Different” Werner (@mcwerner_) January 12, 2021
Fire and Ice (or solar and stasis)Art of the Week: Atraks-1
"Dread it. Run from it. Destiny arrives all the same."
My last painting of 2020#Dawning2020 #Destiny2 #destinyart @Bungie @DestinyTheGame @rDESTNYCREATION @A_dmg04 @Cozmo23 pic.twitter.com/m92xowyErF
— MetaWorks (@MetaWorks818) December 31, 2020
Atraks-1If you’d like to be featured, make sure to tag your art with #Destiny2Art on Twitter, Instagram, or wherever you happen to post it!
12x12"/30x30c, mixed media on wood panel. pic.twitter.com/2nevFD0xpE
— irrezolut (@irrezolut) January 9, 2021
This is an extension of my DD series on GME. If you haven’t read them and have time, they will provide some background on my previous predictions, some of which have already come true. In this post, I’ll share my thoughts on what I think is going on, plus some tips to manage your positions and exits. submitted by FatAspirations to wallstreetbets [link] [comments] TL;DR: Shorts are in but likely want to get out. And they want to get out at the best price possible. See tips for managing positions. Previous Important Posts
What’s happening with the price?We’re still gamma squeezingMany media outlets are reporting this as a “short squeeze”. They’re only partially right, as if Melvin isn’t lying they’ve already been squeezed out.However, the reality is so far we’ve been Gamma squeezing - repeatedly - and some shorts have been casualties along the way. See this post for a deeper explanation, but the essence of it is that market-makers have to buy shares to hedge the calls they sell. The more calls people buy, the more shares they MMs have to hedge with. As I explained in part 1, GME has ultra low liquidity, i.e. there’s waaaay fewer actively traded shares than what shorts need to buy to cover with, and then when you get lots of people buying calls and shares in the hot new stock it just removes more availability from the market. As a result, when MMs buy shares to hedge, it moves the price of the underlying up. Combine that with the buying pressure of people piling into a stock climbing 100% a day, shorts getting liquidated, and it’s a perfect storm. Today, GME closed at $347 (before the after market selloff, but i’ll get to that soon). 320 calls were added yesterday. Similarly, when 115cs were added we squeezed to >115 in two days. Same story with 60c’s etc. Remember this commentary from EndGame part 3 on Friday’s price action: Notice how the stock dropped from a high of $75 on Friday to below 60 - the highest expiring SP for the 1/22 options, and stayed tight in range for the rest of the day. Now, for compliance reasons, MM are required to be neutral by EOD, so 20 minutes before close, MMs had to buy back all their short positions, which led to the strong close above 60. All this led me to believe that the real fair market price for GME was above $65. Without the market makers interference, GME would have closed higher. Now, what happened today? We opened at $351, more than double the previous close of $145 and after the morning profit taking, we squeezed to a high of $372 as MMs furiously tried to hedge the 320 calls they sold you the day before for peanuts. See, the thing is, Kenny G doesn’t like to lose money. The magical method Citadel’s market makers make money, is that they sell you call giving you the right to buy shares at a certain price, say $320, for the nice price of $10/share (for example). Now, as long as Citadel’s MMs can buy all the shares they have to give to you for less than $320, that $10 is free money. However, when the underlying moves too fast, the MMs have to buy shares for more than $320, and Kenny G does not like that. Today was a shock to the MMs that sold all the 320cs yesterday. A six-sigma event after a six-sigma event after a six-sigma event. Yet again, within days (a day?) of offering new, higher strikes - every call option ever sold was in the money, before they had a chance to adequately hedge. https://preview.redd.it/cq5wy45433e61.png?width=936&format=png&auto=webp&s=0c75a1e1a6e3808b54bafc646e2e6a7f29ca7cc3 So, just as on Friday, if the price got too high above $320, market makers dug into their bag of tricks to start selling it off. (People taking profits here helped too.) However, multiple times, when GME went below $300, MMs took their opportunity to hedge the 1/29 calls. So, just as before, we traded in a tight range around the highest strike. My conclusion from this action the first time was that GME’s fair price was being actively suppressed, and it proceeded to 5x in the next few days. There’s a possibility we’re in a replay and will see more upward movement on delta hedging alone. The point of this is: I think shorts are feeling the squeeze, for sure, reporting massive mark-to-market losses. But I believe the shorts are still in. Shorts are still inAs of Wednesday morning, Ortex was estimating a short interest of 65M shares, down from 71M shares the day before. https://preview.redd.it/ze8wx15633e61.png?width=932&format=png&auto=webp&s=7a034dbb3c54509c6267f20c4122ecdf3f6cf4bc If you’ve read my Part 1 (DTC Infinity), you’ll hopefully recall my thesis that there are actually less than 24M shares available, and therefore that it would be nigh impossible for shorts to close. Since then a slew of new investors have piled in to buy and hold GME, from little guys like us to big-ass-whales like Blackrock increasing their holdings to 13% of GME. So what? I think the available shares for shorts to buy are down to under 20M, and they have to buy 65M shares to close. Shorts have barely begun to cover. We’ve only been increasing the cost of their exits! Now, let’s talk about Melvin Capital. I loved watching Chamath defend retail investors and argue against the institutional leveraged shorting that got us here in the first place, but I also learned something interesting that helped me understand how the 140% short interest had in the first place, and how the unwinding may go. At 2:10 Chamath says “Gabe Plotkin is one of the giants of our era, but at the end of the day, what happens is that his trades are copied by umpteen other hedge funds that follow along ” This tells me 2 things:
Again, the problem is - there just aren’t enough shares. Shorts have dug themselves a massive grave by shorting more shares in existence and continuing to short while Cohen grabbed up 9M shares, institutions added to their positions, and retail traders piled in. For boomers like this tard that can’t understand why the price is so high - go back to Econ 101, supply and demand bitch. It’s costing shorts incredible $ to hold their positionsHere’s all the ways shorts are losing money.
Dirty tactics continueAt this point, I think “THEY” have figured out that gamma squeezes are absolutely destroying hedge funds. So what do they do?
Ripple effects of the squeeze
I believe we’re at a tipping point
Things to be careful aboutAs you can see, this is no easy win. In addition to the suggestions I wrote about in this post, here’s some things to be careful about.
Update New ortex data shows 51M short interest. So the covering has begun. Update 2: what you are seeing in the price drops is likely the gamma squeeze in reverse. People are rightly selling their short term calls, so MMs are selling shares they bought to hedge. That drives the price down, which then causes more de-hedging. This is all a manufactured selloff by elimination of ability of people to buy the equity and should absolutely be investigated. It's very likely the big boys knew the buying restriction was coming and started the selloff last night. Update 3: getting angrier by the minute. Reviewing the volume and price action and shorts bought in volume at the absolute bottom. This mothefucker, Steve Cohen, who bailed out Melvin and previously accused of insider trading is now GLOATING after this blatant trick https://twitter.com/StevenACohen2/status/1354864321134735360?s=09 |
18 of the Best Game Apps to Win Real Money Lucktastic. Lucktastic is a virtual scratch-off ticket you can play every day. All you have to do is download the app and start scratching! And yes, you can win real money with Lucktastic. Your daily scratch-off tickets can even lead you to win huge cash prizes like $5,000, $10,000, or even more money! They let you challenge people around the world with Skillz, a competition platform where you can win real cash prizes. Plus you can compete with leaderboards, trophies, cash or virtual currency prizes, and an amazing loyalty program that rewards you just for playing. If you want an easy game where you don’t need much skill — but you can win real money — this gaming app is worth a shot. Download Bubble Shooter: iPhone Android More » 15. Blackout Blitz At Gembly you can win real prizes by playing the best free online card games, board games and puzzles such as Pyramid Solitaire 2, Klondike Solitaire, Sunset Solitaire, Bubble Up and 5Dice. Experience the thrill of playing against real opponents in the tournament games and participate in the Gembly lotteries to win real prizes for free. Points can be redeemed for rewards, chiefly gift cards and also for cash. You can easily make $360 with the apps you win more via Paypal games for money. 18) Qmee. Qmee gives you rewards when you share your views. There is a long list of coupons and deals you can avail from the app. Play puzzle games for PayPal money and also get gift cards. Use the bonuses to play slots for fun or to win real money. Depending on the site, you can activate free spins on signup with no deposit needed. Just make sure you read the terms and conditions before you do. Get access to more than 1,000 free spins in bonuses and play the best online slot games for free or to win real money prizes Wealth Words is an online trivia game where you solve crossword clues and win real money. Money gets credited into your bank account via Paypal. The game has word puzzles in the form of crosswords, poems, and stories. You can play any game of your choice and grab the opportunity to win real money. Low cash out apps like MISTPLAY make it simple to earn rewards and make money playing mobile games! The best gaming app to win real money is MISTPLAY.Instead of playing games on your phone like everyone else and feeling bad for wasting your time — now MISTPLAY will pay you for it. You can play Irish Riches on 888casino for free and win real money, no deposit required. At first, you need to sign up with 888casino, and you get $88 to play Irish Riches amongst other select ... You can participate in free games and earn real cash. If you're good at strategy / RPG games, board games, mobile games, 8-ball pool etc., you can win cash prizes by winning them. Some games require you to pay a small fee for participating in paid tournaments. In this guide we have listed 5 games that you can play and earn money. You’ve just discovered Reelzone, the only place online where you can slot games you find on casinos, for absolutely free AND win real money while doing so. How? Play a slot game for free in one of our featured tournaments and compete for top spots on our leaderboard(s). If you grab one that qualifies for a prize, we’ll send you the reward ...
[index] [2516] [9519] [3652] [9366] [4244] [961] [824] [18] [6696] [1644]
Copyright © 2024 m.sportsfootball.site