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Absolutely, and the ones who feel like it should run for office. Local and state office. Start from the ground up.
But cricket and soccer do not lead the country here.
No, they don't. But we are not the whole world. In which soccer is HUGE.
And I don't think we should attach any mystical importance to the fact that he (supposedly) bought 120K June 21s with a 20 strike. Not so long ago--which is to say before the beginning of May, when he made his surprise return to social media--the premium in those calls must have been pretty low, because they'd have been outta the money. The stock was trading at around 10 or a little above.
He, and others who contributed to the unusually high open interest, may simply have been anticipating the release of the quarterly, which they expected to be much better than it turned out to be.
That is true.
By the way, I learned a new Technical Term this week. It's been a very long time since I traded options, and I have some catching up to do. Back in the day, people just said they were In the Money or Out of the Money and the like.
Now all this is referred to collectively as "Moneyness". Isn't that weird?
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.
Which options? The 21 June options with a 20 strike? Why would you think only one entity would have written them?
There wasn't much volume in the June 21 calls today, considering the size of the open interest.
Women in those states need to rebel.
What? Why would you criticize Buffett for a glitch that affected a number of stocks?
Fauci did not say it was "all BS".
People were getting COVID with the Vaccine
Of course they were. While it was hoped the vaccine would keep people from getting COVID, it's like all vaccines: part of what it does is make sure that if a vaccinated person gets the disease, he or she will get a much milder case. And his or her life will not be endangered.
Ever get a flu shot and then get a mild case of the flu?
Does he actually own 121,000 June 21 calls? Has he shown that on his account statement? In the screenshot I saw, the breakdown of his options positions was obscured by his head.
But here's the action in the June 21 calls with a 20 strike; calls are on the left, puts on the right:
You can see the rest of the information about them here:
https://www.nasdaq.com/market-activity/stocks/gme/option-chain/call-put-options/gme---240621c00020000
Why is he holding do much calls worth millions if he is going to let them expire worthless.
He still has two weeks. Maybe he thinks they'll go back up, at least enough to save him a little of that money. But of course he'll have increasing time decay to worry about.
Oh yes! That IS better!
That seems to me more than a bit paranoid. And I don't think Cohen would be so stupid. Because if you're right, he'll be found out, and he'll go to prison. The regulators and the DOJ would make an example of him. And he'd take the company down with him.
and I think todays Livestream was a planned act, why he would want people and shorters to sell, and the price to go down, but to me it was obvious
he acted like a drunk cousin that randomly stopped by your house after not seeing them for years and goes on some semi stupor rant
Shorts don't sell. They buy to cover. They might, of course, sell any options they used to hedge.
But what happened with Kitty doesn't seem very complicated. He'd planned a livestream pump, making his followers salivate as he demonstrated his riches. And then the company made its morning announcements, and the bottom fell out. Kitty dithered for a while, considering what to do, and so was very late to start. Evidently he'd decided just dress weirdly and try to be funny. But I guess he didn't want to say anything that might make things worse.
Or piss off the people investigating him.
My cousin's hairdresser says that's a lie!
That is interesting. Beam me up.
Did you know you can freeze grapes to make a tasty hot weather snack?
https://veganheaven.org/all-recipes/frozen-grapes-the-best-snack-ever/
And how does that work with options? The discussion is about a STOCK loan program.
Ahh, I see, then, that the 21 June calls with a $20 strike price are being discussed because there's such high open interest:
147,985 20.000 40,146
No, it isn't just assumed. The Massachusetts securities people confirmed it.
he is just posting what he did or thinks and tons of youtubers do that. its like someone on ihub that has many thousands of followers and they say the got a stock. thats not illegal.
Yes. That's the point of view taken by a number of market participants and journalists. And perhaps by the SEC as well.
Well, no one on the news or in the press is heralding him as the next Warren Buffett.
The problem is that the Apes--along with Gill, who is one, just not as dumb as most--are a headache for the SEC and FINRA, and are also potentially dangerous.
Our markets are predicated on the premise that most of its participants, though not necessarily as knowledgable as professionals, are at least rational. The Apes put that presumption in doubt.
I'm really not an appropriate recipient of that lecture. I've always thought the meme stock phenomenon was both bizarre and dangerous.
I think Kitty was working the latest runup to give room to GME to sell their stock weigh north of $30.
No. The company wouldn't collaborate on that with anyone. Ryan Cohen isn't crazy. And for that matter, Keith Gill is aware that he's being investigated by the Massachusetts securities people. He should not be taking any chances.
No, I didn't watch the livestream. Kitty is not a typical "rich person"; he wasn't born to it. He hit the jackpot three years ago, with GME and AMC.
He may have been acting silly in part because of what happened this morning, and in part because he knows he's being investigated by the Massachusetts Securities Division.
Given that, it's probably best he behave circumspectly
I reported that post, but evidently Admin doesn't disapprove.
I think Hans stopped conversing with normies long ago when every one of his shitty stocks failed.
I get the feeling that cricket was created by a handful of people who couldn't play golf...
Definitely not.
The sport of cricket has a known history beginning in the late 16th century England. It became an established sport in the country in the 18th century and developed globally in the 19th and 20th centuries. International matches have been played since the 19th-century and formal Test cricket matches are considered to date from 1877. Cricket is the world's second most popular spectator sport after association football (soccer).
So... we're not talking a "handful" of people...
https://en.wikipedia.org/wiki/History_of_cricket
LOL!! I wondered if that might happen. In the video, the cat's encounter with the table seems to be new. He was puzzled. But I'll bet he figured it out.
What we went through in the '60s did a lot of good for society. Civil rights. Medicare. Many other Great Society programs. And then we got stuck with Nixon and the war he promised to end, but instead prosecuted for another seven years.
Reagan? We've had increasing income inequality thanks to his stupid "trickle down" economics. He set the Republicans on the path they've pursued ever since.
Trump is a criminal.
lol, yes, you'd think fellow geriatrics would be more sympathetic.
Actually most of the demographic for all the cable channels is old. For Fox, it's VERY old.
Nobody is playing "5d" chess.
Do you have a link to the information about the LEAPS?
So far there's been no word about that. The Apes are pretty committed.
If he wants to exercise, he'll have to have a lot of cash on hand. Not that he couldn't raise it, but selling that much stock might once again affect the stock price.
Go back and review the live chat
When he was showing his position
He was also showing the HTML code
Upper right corner in real time
I do not remotely care.
if you know what you are looking at
You can make better decisions with that information
You need to realize I don't do conspiracy stuff.
If so, I guess he didn't. So why'd he do the livestream in the first place?
Of course, perhaps he just planned on ginning up the crowd by talking about how much money he's made lately. And perhaps he showed up late because he was thinking of cancelling the livestream. Obviously he'd have had no way of knowing the company would release its financials today, or that it would announce an offering.
Nor would he have known how bad the Q would be.
Good for you.
It was a great time for the company to do it. GME went over $60 last night. Probably they should have done it yesterday, or earlier in the week. The financials are a mess. But probably they felt they had to release them early, if they were going to do the offering.
21 June options are due??
Options do not become "due". They expire. To profit, holders must either sell the option contracts themselves before expiry, or purchase stock to exercise them at expiry. (Some options can be exercised early, but European style cannot, and I think the GME options are European style.)
Monday the 24th and 2021 leap forward day is due
WHAT??
Did ya get a good look at the HTML code??
No. The HTML code of what? And why should I care? I'm pretty sure nobody should.
Did ya get proof he the kitty cat was bluffing??
I never thought he was, if you mean bluffing about his positions.
Mind bender eh??
Your post? Yes indeed.
What? I didn't write the article. Why do I need to get up early? I found out about the offering when I got online.
Most of them genuinely believed Kitty would save the day in his livestream. They hoped he'd have "news". Why? He's not a company insider.
he could have helped...
by starting the live on time, being professional, and maybe even dropping some type of good news
Why on earth would Gill have any news? He isn't a company insider. Have you considered not following Reddit gurus in future?
No. That makes no sense here in Realityland.
GameStop stock plunges as 'Roaring Kitty' reappears, company plans big stock sale
https://finance.yahoo.com/news/gamestop-stock-plunges-as-roaring-kitty-reappears-company-plans-big-stock-sale-134833401.html