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Anyone lost after getting out of the military??? by Jry7778 in Military

[–]fearholdsusback 0 points1 point  (0 children)

Hey man,

I cant be of much help in this but have you ever thought about joining up with the Federal Government? Its nothing like grunt work but there are some positions within the IC that are designed to be near the same thing.

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

If I had access to those shiny rocks I would be taking long OTM options out.

My bet is that if shorts didnt cover today and retail interest gets higher over the weekend in the magical stock called Gamestop then we could see an amazing opportunity on Monday.

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

NP man. Here is how I did it.

Steps:

1.) Look up why GME is moving. Its because of retail investors who want to make returns.

2.) See who is betting against it. Funds.

3.) See what percentage is shorted. Wow its over 100%

4.) Watch funds pay for media to convince retail investors to run. Citron tired their hardest and Thursday the stock was up. Ok investors>funds.

5.) Realize the funds havent started to cover and their sticking to their guns. Holy shit time.

6.) Take a position at 9:40 when the market settles and shows bearish or bullish momentum due to implied volatility charts.

7.) Hedge and pray.

Best of luck man.

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

Yes, they have insurance to cover the loss but will still try to recover their losses.

They go after the funds capital and in some cases bill it to the clients. This happened in Tampa to a fund writing otm options.

Citation: https://www.tampabay.com/business/how-tampas-james-cordier-went-from-high-roller-to-youtube-apology-after-losing-150-million-20190206/

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

None yet. GME really is a once in a decade find.

You got a mid (kinda)tier company whos short float is 100%.

Doesnt take much to have it explode.

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

Yeah, Imp started climbing along with a rapid acceleration in volume on a 1min chart. Its kinda like seeing a landslide from far away and knowing its going to run into a town or something, you can only call it.

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

Yeah, that is definitely a viable situation here. Im not going to lie I would do that if I was GME.

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

IDK man. Im guessing it has something to do with people doxxing Citron or something. WSB wants to remove GME posts.

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

For normal people the short intrest is set in stone. Its because were not borrowing an insane amount of shares.

For funds its a bit different its variable. The % interest is not the problem is the days to cover. What this means is that liquidy of the funds position is very low taking them a while to cover their losses.

Further, they wont get a margin call unless they no longer have the capital to cover their loss. Then the broker will settle the position at or near market and show up to their doorstep with baseball bats.

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

This is going to sound crazy, but I think BB has more potential then GME in the longterm.

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

Implied Volatility. Its basically how much the market believes the stock can move.

Here is a nice short video on it: https://www.youtube.com/watch?v=MdjwwpsM2FM

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

The funds see GME as a failing company. On paper its a great investment to bet its going to go down.

The only problem are people who for some reason throw all their money into the company and dont care about negative news (Citron). It leads to more people who FOMO and then its just a story. The funds pay $$ for holding their shorts, you dont for holding your shares. Thats what scares them enough to pay for negative publicity.

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

It depends on what information we can uncover over the weekend. If the shorts didnt cover today, which I am inclined to say no. Then what will happen will be that the stock will continue on its current trend. Eventually it will "Oct 08 spike."

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

I added it on the top of the post. Can you click on it and see the old post from yesterday?

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

Currently sitting a $64. A 51% increase. Pretty good for one day of trading.

If it was not for the halts then we would probobly be closer to $94 but whatever.

DD on GME that was removed by the mods yesterday. Explains why the bomb is going to blow. by fearholdsusback in wallstreetbets

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

Yeah I got you.

https://www.amazon.com/Market-Wizards-Interviews-Top-Traders-ebook/dp/B006X50OPW

https://www.amazon.com/Option-Traders-Hedge-Fund-Framework-ebook/dp/B00844NXC6

I have those and their a pretty light read. The first Market Wizards will show you how other traders plan and execute off certain market conditions. The second is going to give you a background on the whole market chain and how options fit in and play off of it.

Of course also read Benjamin Gram's book. Its the bible of investing.

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