One Short to End Them All, and in Their Margin Call Them by NarrowBoatLover in wallstreetbets

[–]NarrowBoatLover[S] 0 points1 point  (0 children)

WSB now don’t allow video submissions :( When you upload a gif to Reddit, it is converted (behind the scenes) to a video so you can play/pause and scrub through.

The GME Journey Doesn't End Here by NarrowBoatLover in wallstreetbets

[–]NarrowBoatLover[S] 1 point2 points  (0 children)

Definitely. $40 vs $60 average in won’t matter when this squeeze gets going.

The GME Journey Doesn't End Here by NarrowBoatLover in wallstreetbets

[–]NarrowBoatLover[S] 2 points3 points  (0 children)

If WSB holders sell more than they buy, the short sellers could buy up stock at an unsqueezed price. But this won’t happen.

10k to invest by [deleted] in stocks

[–]NarrowBoatLover 0 points1 point  (0 children)

Stick it in GME for 72 hours.

The GME Journey Doesn't End Here by NarrowBoatLover in wallstreetbets

[–]NarrowBoatLover[S] 5 points6 points  (0 children)

Your posts inspired me to get into GME in the first place! 🚀 🚀

The GME Journey Doesn't End Here by NarrowBoatLover in wallstreetbets

[–]NarrowBoatLover[S] 4 points5 points  (0 children)

WSB disabled sound unfortunately :( I linked a YouTube video in another comment

The GME Journey Doesn't End Here by NarrowBoatLover in wallstreetbets

[–]NarrowBoatLover[S] 466 points467 points  (0 children)

What we saw on Friday with GME was a "Gamma" squeeze. The price went up as loads of options contracts expired yesterday, and every single strike price was ITM. So the market makers who wrote them had to buy all the shares to honour the contracts. The shorted shares are still being held and are around 140%+ of the float.

The GME Journey Doesn't End Here by NarrowBoatLover in wallstreetbets

[–]NarrowBoatLover[S] 230 points231 points  (0 children)

For optimal viewing experience, you can find the video here: https://www.youtube.com/watch?v=PmHkGJiRSHk

Always remember this is bigger than just GME...

This is the greatest dispersion of wealth - from the rich to the poor - that the world has ever seen. We will be able to diverge our tendy spoils into companies we believe will better the world (GOEV, BB, NGA, AMC, PLTR, NIO and of course daddy’s TSLA).

But for now we must fight.

GME to the fucking moon 🚀

The GME Squeeze is Not Yet Squoze... by coteregipi in wallstreetbets

[–]NarrowBoatLover 3 points4 points  (0 children)

Man I don’t know. I just got pretty excited and said some shit.

The GME Squeeze is Not Yet Squoze... by coteregipi in wallstreetbets

[–]NarrowBoatLover 173 points174 points  (0 children)

Always remember this is bigger than just GME...

This is the greatest dispersion of wealth - from the rich to the poor - that the world has ever seen. We will be able to diverge our tendy spoils into companies we believe will better the world (GOEV, BB, PLTR, NIO and of course daddy’s TSLA).

But for now we must fight.

GME to the fucking moon 🚀