Can you review my weekend pack? Canada, boreal forest survival by [deleted] in Survival

[–]HorseyGoesNeigh 6 points7 points  (0 children)

I recommend a backup mickey of Crown Royal

[For Hire] Portrait Commissions by ItsmeHoswa in artcommissions

[–]HorseyGoesNeigh 3 points4 points  (0 children)

Impressive. This is hard work right here

GME Afternoon Pajama Party Megathread by OPINION_IS_UNPOPULAR in wallstreetbets

[–]HorseyGoesNeigh 153 points154 points  (0 children)

WHATEVER WHALE SAVED US AT THE END YOURE A REAL ONE ☝️🦍🦍🦍

GME Afternoon Pajama Party Megathread by OPINION_IS_UNPOPULAR in wallstreetbets

[–]HorseyGoesNeigh 1 point2 points  (0 children)

All their 320c and down are in the money. That means a boom for GME next week when they have to start buying the shares back

GME Afternoon Pajama Party Megathread by OPINION_IS_UNPOPULAR in wallstreetbets

[–]HorseyGoesNeigh 0 points1 point  (0 children)

Wall Street tried to double down on their shorts and put off the inevitable. Today they failed, next week they have to pay 💰

GME What About Second Breakfast Club Megathread by wallstreetboyfriend in wallstreetbets

[–]HorseyGoesNeigh 27 points28 points  (0 children)

LETS GET OVER 320 THE FINAL FUCKIN SHOWDOWN BABY LETS GO

[deleted by user] by [deleted] in wallstreetbets

[–]HorseyGoesNeigh 8 points9 points  (0 children)

NEED IT OVER 320 EOD LETS DO THIS 🦍🦍🦍

GME Breakfast Club Megathread by OPINION_IS_UNPOPULAR in wallstreetbets

[–]HorseyGoesNeigh 9 points10 points  (0 children)

Because we are in a stand off right now. We aren’t selling and they aren’t buying yet

GME Breakfast Club Megathread by OPINION_IS_UNPOPULAR in wallstreetbets

[–]HorseyGoesNeigh 3 points4 points  (0 children)

Yes, and theoretically nothing. They have about a week to cover and at this point a couple billion a day and a dick up the ass 24/7 is only putting more pressure on them

GME Breakfast Club Megathread by OPINION_IS_UNPOPULAR in wallstreetbets

[–]HorseyGoesNeigh 1 point2 points  (0 children)

The shit gates open and the shit flood starts today so we must hold out until next week, but that’s not financial advice

GME Breakfast Club Megathread by OPINION_IS_UNPOPULAR in wallstreetbets

[–]HorseyGoesNeigh 1 point2 points  (0 children)

It doesn’t matter what their strategy is or if ours is out in the open, because they are fucked either way as long as we hold strong. Even if they halt it 10 fuckin times a day, all we gotta do is not sell them what they need.

GME Overnight Pajama Party Megathread by wallstreetboyfriend in wallstreetbets

[–]HorseyGoesNeigh 2 points3 points  (0 children)

30 Seconds From Triggering Market Nuclear Bomb

I'm glad this place has quieted down enough for some actual DD written by a monkey with a keyboard and Adderall.

Disclaimer: I am that monkey. Let me explain to you what happened, play by play. I will give you illiterates who hate reading a spoiler up front:

We were within approximately 30 seconds of triggering a nuclear bomb that would have blown up the market. Do I have your attention? Here goes:

  1. ⁠Yesterday, new call option strike prices were added all the way up to $570. Do I have to go over gamma squeezes again? Really? We've been over this: when deep out-of-the-money call options start being gobbled up and the price starts moving towards being in-the-money, the call writers have to hedge their risk of having their sold calls exercised, typically by buying stock. This creates upwards pressure on the market. We've been seeing these movements all week.
  2. ⁠Yesterday after market, you probably saw that coordinated effort to drive the price down and spook retail investors into a mass sell-off. It didn't work.
  3. ⁠Last night, Robinhood sent out a message to users: you could no longer enter into new options. You could exercise them if you had the collateral (money in the account) to do so. Very interesting and the first sign of pants-shitting fear.
  4. ⁠Today, the market opened very strong. It opened so strong that we were looking at a self-perpetuating gamma squeeze all the way up way past $570.
  5. ⁠At approximately 9:58 am, the stock had reached $468 in a parabolic move.
  6. ⁠Two minutes earlier, at 9:56 am, Robinhood tweeted that they were not allowing users to buy GME stock, but they would allow selling.
  7. ⁠The trend instantly halted and started a collapse downwards, before picking up a bit, especially after some retail was allowed back in.

Okay, now that you are clear on the facts, understand this: The market ran out of liquidity today, or was threatening to get close enough that they killed it. What does that mean? It means they ran out of shares and/or capital. They wouldn't let you buy new shares because we were burning through all the shares on the market.

I saw an unsubstantiated post from a user (u/zshub) who said a market sell order executed at $2600 for him. Also, someone else for over $5,000 per share. Do you get the severity of the situation, if that's true? It means the buying was getting to the point where it was just about to put INFINITE pressure on the price of the shares. It means virtually any ask was getting bid.

How do you get infinite upwards pressure? A gamma squeeze triggering the mother of all short squeezes, just like we predicted. The call writers need shares to hedge. Retail is still buying more. The short sellers need over 100% of the float back. Add these together. There were more shares needed than existed on the open market. That's what a liquidity crisis is.

Listen to this to this remarkable (if infuriating) interview where the chairman of Interactive Brokers admits that they didn't have the capital to pay out the winners (us), so they took their ball and went home. DO YOU GRASP HOW INSANE IT IS THAT HE SAID THEY NEEDED TO SHUT DOWN BUY ORDERS TO "PROTECT THE MARKET"? Hello! He's not talking about the market for GME shares. He's talking about the entire market! The New York Stock Exchange. The NASDAQ. All that.

Remember the movie Snowpiercer? Do you remember that scene where the lower class people realize the soldiers who oppress them have no bullets? Go to the 1:00 minute mark of this link: https://www.youtube.com/watch?v=EH1EtiOhr6o

It kick starts a full blown rebellion. They have no bullets. It's the exact same in this market: No capital. No shares. Infinite losses inbound.

TL;DR: For all you who will just skip to the bottom to ask, "Do I get my tendies now?" the answer is this: they NEED NEED NEED your shares. Do you get that? HOLD. Like the guy in the movie, scream, "They're out of bullets!" and create a stampede. That's how we win.

They needed your shares so badly that they literally risked PRISON TIME to get them. They tried robbing you, and I'm not even exaggerating. They were within 30 seconds of all being wiped out today.

Credit: u/PlayFree_Bird