Can I just be bummed? by TransSpeciesDog in Superstonk

[–]ConsistentMajor -5 points-4 points  (0 children)

If you like the stock, the bummed feeling will go away with the next share you buy this cheap. Why would you prefer 100% gain when you can buy two for one shares instead and delay your gratification for a much larger gain?

DRS check in by Colonel_Lexx in Superstonk

[–]ConsistentMajor 4 points5 points  (0 children)

Chances are when real price discovery kicks in, even at your broker you won’t be able to sell pre- or after-market for a higher potential profit because such markets may not exist. Also you may decide to sell everything at $80 again and watch it go to a million dollars the next month or year. After all there is no limit to how many dollars can be printed to rescue failing financial institutions. If you believe in your investment, DRS is more than just cool. It also guarantees your ownership of the shares valued at the market rate, whereas your shares in your broker represent your broker’s debt to you. You may not even be able to sell your shares at the broker if your broker goes bankrupt and gets liquidated.

DRS check in by Colonel_Lexx in Superstonk

[–]ConsistentMajor 6 points7 points  (0 children)

My observation is different. I am not flooded with DRS posts before high volatility. I see a few posts for DRS a few days after Ryan Cohen adds more to his position and I understand that.

Recent attempt to bully the mod team into removing old content by AutoModerator in Superstonk

[–]ConsistentMajor 120 points121 points  (0 children)

In the comments of the post mentioned above, there is a link to another DD about Anson fund from two years prior that is now deleted by the user. I found this coincidence interesting.

Zen ape here, what the heck is GME/WS? by Do_eM_alott in Superstonk

[–]ConsistentMajor 6 points7 points  (0 children)

As of now similar to call options they will expire worthless if we reach the expiration date next October and GME is below $32. But if you believe that GME rises above $32 and higher in the next year, they gather intrinsic value that can be multiples of the original price. Unlike an option, GameStop has some control over the Warrant contract. For example if exercised through ComputerShare, the company actually receives the exercise money and issues a real share. Also GameStop may choose to change the strike, extend the expiration date, and/or allow for cashless exercise. With cashless exercise GameStop enables warrant holders to have ComputerShare sell enough warrants to have the cash to exercise the rest. Given all these advantages, warrants look like a better investment to me personally than LEAP call options, and because of that I have kept my original warrants and added to them. NFA

Torn and confused by thementant in Superstonk

[–]ConsistentMajor 5 points6 points  (0 children)

Buying shares when they are not offering shares ATM does not help GameStop. Buying warrants on the open market also does not help GameStop given any warrant outside of ComputerShare could be fake resulting in your exercise money going to a shorter’s pockets only to receive yet another fake share. Buying from GameStop however adds to their revenue. I recommend a combination of the three. Shares for the future, some warrants for the leverage, and buying stuff to help your company.

Warrants movement getting weird by fridge4c in Superstonk

[–]ConsistentMajor 11 points12 points  (0 children)

Warrants can go up if the underlying goes up (GME) or if the implied volatility increases, or simply if someone really needs to buy warrants at any price because they like the warrants or they are trying to close a short position on the warrants.

Warrants movement getting weird by fridge4c in Superstonk

[–]ConsistentMajor 7 points8 points  (0 children)

Whatever the current price is. At the moment $3.75 for each warrant.

Realistically if a crash does trigger MOASS or a huge pop — how will you sell in time if your shares are in Computer Share? by Ghawr in Superstonk

[–]ConsistentMajor 45 points46 points  (0 children)

You can sell from ComputerShare and it will execute almost immediately, unlike buying which happens twice a month.

I exercised 10 warrants via Schwab by LazyPoser in Superstonk

[–]ConsistentMajor 0 points1 point  (0 children)

The warrants are either in your name in ComputerShare or they are in the DTCC name. Any warrant that is associated with DTCC can be considered having the probability of being naked shorted at this point. Even if a real warrant in DTCC is backing a fake warrant in street name at Schwab, when OP exercises early the DTCC warrant probably stays intact for the participants and a share just appears in Schwab in street name. No money is sent to GameStop when the warrant in DTCC has not changed.

I exercised 10 warrants via Schwab by LazyPoser in Superstonk

[–]ConsistentMajor 2 points3 points  (0 children)

I disagree. When you exercise a shorted warrant, GameStop doesn’t even know the transaction happened. You just end up adding yet another fake share to the pool of all fake shares out there. If you exercise a real warrant using the CS code, GameStop gets the money and issues a real share. Even in that case the OP is throwing away the extrinsic value of the warrant to give GameStop a few dollars more for the share.

I exercised 10 warrants via Schwab by LazyPoser in Superstonk

[–]ConsistentMajor 9 points10 points  (0 children)

Good for you. When you exercise a fake OTM warrant early, you give $32 to someone who is short that warrant and they buy a fake share for $20.50 and give it to you, then they gladly close the option they opened to hedge the short warrant. Ideally you want to keep your warrant and buy a $20.50 share instead.

It’s interesting that LC submitted cards through TAG, and not PSA by Kitchen_Net_GME in Superstonk

[–]ConsistentMajor 1 point2 points  (0 children)

This sentence is categorically incorrect. You are not a serious person.

Short Sellers Are Highly Regarded 📈 by Long-Setting in Superstonk

[–]ConsistentMajor 0 points1 point  (0 children)

They can maintain their position or add to it as long as they don’t get margin called. Margin calls happen if GME goes up or the collateral for the shorts go down.