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I don't really know. I think IHub wanted him to pay more, and he thought it was too much. Now he's using his website, which he's spiffed up, to do his thing.
If Im right longs are going to want to drive this up before June 21st to stick it to the hedge fund who sold the options.
Rational market participants should not motivated by wanting to "stick it" to hedge funds. That is the kind of emotion that leads to bad decisions.
Yes, that's all correct. But you don't seem too be entertaining the possibility that by expiry, the stock may be below $20. In that case, the calls will expire worthless.
And it's even possible for the stock to be ABOVE $20, and for the calls to expire worthless, thanks to time decay.
No, it's by the end of the month. They'll probably wait till the very last minute.
I used to have some respect for Roberts. No more.
What??? Hans doesn't short. Neither does Clay Trader. I like Clay, and I'm sorry he's gone. All he ever did was offer tips on very basic charting. It doesn't really work, but many people think it does.
Hans just wants to make money any way he can. But he's not smart enough to short.
As for the fate of Clay's stocks, he usually chose to do charts of big one-day runners. Of course they came off the next day.
And why does it matter whether it's 14 percent o 20 percent?
The Supreme Court is at its lowest ever approval, and that IS new. Most people used to respect the Supremes. No more, thanks to Thomas, Alito, and two of the three Trump justices. For now, I'm giving Coney Barrett the benefit of the doubt.
Far as I know, the approval rate of Congress has always been low. And people who talk about that say that despite the overall consensus, most votes DO like THEIR congressman.
This has been the case for more than 50 years. Didn't you ever see Mr Deeds Goes to Washington?
Yes it is. They've blown it way out of proportion.
That is utter bullshit. But then Rupert Murdoch owns the WSJ. What would we expect?
Not as far as I know.
what the hell is a representative democracy anyway?
Perhaps he was born back when State legislatures, rather than ordinary voters, chose senators. Only members of the House were elected by the people.
Number 2 -- we, the USA, have just suffered a major disaster in that the justice system...
Dead wrong. The verdict in the New York case offers a glimmer of hope that no one is above the law. Trumpty was found guilty by a jury of his peers: twelve people who agreed he'd done what he'd been accused of. They weren't necessarily all Dems, and they served on the jury at their own risk.
God knows Trump's goons are already trying to doxx them.
Number 3 -- Putin, China, Iran are using the threat of nuclear war to dominate the free states -- do you think Biden is capable of the challange --
Absolutely. He turned up at the D-Day memorials in Normandy, and did not refuse to attend events because he might get his hair messed up. He also did not call those who died in the invasion "suckers and losers".
And you still appear not to understand the Trump LIKES Putin, Xi, and whoever the new Iranian leader is. Authoritarianism gets his blood running.
Ohhhh, that one. God, it's idiotic.
Therefore
June 21 future is due to be
Higher than 3 June
There are no futures involved here. I very seriously suggest you make an effort to understand how this stuff works.
Recent reports suggest that shorts have finally admitted to manipulation tactics, marking a significant turn of events in the ongoing battle between retail investors and hedge funds.
Really? And what "reports" would those be? I see no links to them, so I'm guessing you think the anonymous social media posters you cite are well-informed. They are not.
Seriously, this is utter bullshit. And your video doesn't work.
Three appeared all of a sudden here, like they came from a back room meeting.
My God! They did! D'you think Hans has FOLLOWERS??
He WOULD do that. But I'm sure it's by no means the worst of his habits.
Yep, they have butchered it as a blanket condemnation with no good reason .
But I really don't think many people actually use "woke" in conversation. As liberal as they may be.
Yes, I always seemed to get sick for spring break, too.
I agree. No more 🦶🦶.
TIA...
"Woke" used to mean when you got up.
He left a lot more than that on the table at close(unless he closed).
No, he didn't sell any options, it seems. This was the action in the June 21 calls with a 20 strike:
https://www.nasdaq.com/market-activity/stocks/gme/option-chain/call-put-options/gme---240621c00020000
I agree.
Do you recall what year this site grandfathered members?
I think in 2001. I vaguely recall that I joined because the grandfathering period was almost over.
Zardiw's profile pic? That's a raccoon. I'm confused...
I thought pandas caused other pandas. Though they aren't huge on sex.
I never had scarlet fever. Had my tonsils out when I was seven or eight.
None of that surprises me.
Door Number 4, I'd say.
Yes. It was called "variolation".
Yes, I had all the childhood diseases, except for whooping cough. And they're nasty.
No idea. Never heard of it. Very low volume, though.
Well... When I was a kid, there was no chicken pox virus. Same for many, many boomers. That's why we see all those shingles vaccine ads.
If he's got brass balls, he might buy more. But he won't be getting a seat on the board. Board members are actually supposed to do some stuff. I doubt he knows anything about running companies.
Well, right now those calls are worth $9.75.
https://www.nasdaq.com/market-activity/stocks/gme/option-chain/call-put-options/gme---240621c00020000
So the screen shot of his 120k purchase may not be authentic? Is there a way to verify current outstanding options contracts?
There's no screen shot of his purchase. You can only see that he holds that many options contracts. Or that's what I could see in the screenshot with his head blocking the rest of the information. Maybe he bought those 120K calls at two or three different strike prices. I don't know.
Open interest in the April 21 calls with a 20 strike is 147,985. That's pretty high. Obviously Kitty doesn't own them all.
https://www.nasdaq.com/market-activity/stocks/gme/option-chain/call-put-options/gme---240621c00020000
But I think there’s more to come
There can always be more to come. Ad I don't see why there shouldn't be. Cohen hasn't amassed that giant cash position for nothing. It seems likely he's planning on making acquisitions. Will they be related to GME's original business? Or will they mark a departure?
How soon will that happen? Will it succeed? Don't forget that there're a lot of unsuccessful holding companies out there. And I think turning any new entity into a profitable venture will take time. As in years. But Cohen had a big success with Chewy, and maybe he thinks he can do it again.
IHub gave up on that. As I said, there was no way they could enforce it, and most paid promoters didn't bother with disclosure.
Finally, IHub decided to give up on it.
have you ever short sold a stock
Yes, twice. By accident. That was many years ago. I covered quickly, but did make money.
Options are different. If you want to create one, you "write" is. Ordinary people can write covered calls to hedge; that's considered a cautious, conservative thing to do. People with deep pockets (usually) can write naked calls or puts, but if they go in the wrong direction, there could be hell to pay. Ordinary people simply buy calls or puts. The advantage is that you get a lot of leverage; the disadvantage is time decay.
It's usually said that more than 80 percent of all options expire worthless.
I think you may be right.