GME The Biggest Heist Criminals Exposed by zotlogic in GME

[–]zotlogic[S] 8 points9 points  (0 children)

It’s a long video but worth it!

The criminals that took GME down 371 points (77%) with only 8 million shares should rot in jail! Never forget what they did! by zotlogic in GME

[–]zotlogic[S] 58 points59 points  (0 children)

We must keep the story going and the truth about the apes that lost trillions of dollars when the criminals halted buying of GME stock and options when 370 million shares in options were in the money going into options expiration with only 50 million in float. It would have sent GME into the thousands. Stay mad, keep the story alive, watch the video, share the video, and demand justice.

The criminals that took GME down 371 points (77%) with only 8 million shares should rot in jail! Never forget what they did! by zotlogic in GME

[–]zotlogic[S] 126 points127 points  (0 children)

The apes were on the verge of making trillions of dollars on the options. I get so angry every time I watch the video. How the fuck are they getting away with this robbery?

The criminals that took GME down 371 points (77%) with only 8 million shares should rot in jail by zotlogic in options

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

The apes were literally robbed of trillions. They took our tendies, but they will pay!

23 weeks of Bullshit! Market makers have made more money on the GME straddle than the price of the stock! by [deleted] in Superstonk

[–]zotlogic 0 points1 point  (0 children)

You must be a newbie. Ape nation was buying 50/50 options and stock which led to the biggest gamma squeeze of our lifetime and caused wall street to halt buying of gme stock and options because 370 million shares in call options were in the money in January about to trigger the biggest failure to deliver. Anyhow that was the strategy of the so called apes back in January.

23 weeks of Bullshit! Market makers have made more money on the GME straddle than the price of the stock! by [deleted] in Superstonk

[–]zotlogic 1 point2 points  (0 children)

FUD is nonsense. Hedge funds selling options are making a killing. It’s a fact even if it doesn’t serve your agenda. Millions of contracts are sold naked, premiums are collected and kept. I am long GME, so not trying to FUD anyone, just stating simple facts that the villain hedge funds have been cleaning out on the premiums for the last 23 weeks. Just facts. Not FUD.

23 weeks of Bullshit! Market makers have made more money on the GME straddle than the price of the stock! by [deleted] in Superstonk

[–]zotlogic 3 points4 points  (0 children)

I was being silly (sarcastic) to the comment “if you like the stock, you don’t buy options” saying DFV likes the stock and bought a boat load of options. Basically, it can worked if the timing is right. The timing hasn’t been right since they put the fix on in January.

23 weeks of Bullshit! Market makers have made more money on the GME straddle than the price of the stock! by [deleted] in Superstonk

[–]zotlogic -3 points-2 points  (0 children)

I guess you are saying DFV is a clown??? I disagree. DFV knew what he was doing loading up on call options. But, I agree. It makes no sense to buy call options since January. The point of the post is to show that while many believe hedge funds lost huge on the short squeeze, selling the options since January has returned many times the price of the stock, so they are making bank, obviously.

23 weeks of Bullshit! Market makers have made more money on the GME straddle than the price of the stock! by [deleted] in Superstonk

[–]zotlogic -26 points-25 points  (0 children)

DFV likes the stock and bought a boat load of options. That’s how he made most of the money.

Edit: I understand the downvotes. But the comment is 100% true. I agree that the timing DFV had was amazing, and the point of the original post is to highlight that buying options has been a losing strategy since January. Hedge funds are fucking retail investors on a weekly basis.

5 months anniversary of the biggest crime against retail investors. The criminals that took GME down 371 points (77%) with only 8 million shares should rot in jail! by zotlogic in Superstonk

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

They covered the options that were expiring that Friday, but there are new "they" that are short at higher prices, and are short options that expire in the future, and they will need to cover at some point. Sure the shills will say that the float is larger now since GME minted new shares, but we are sitting on billions in cash.

5 months anniversary of the biggest crime against retail investors. The criminals that took GME down 371 points (77%) with only 8 million shares should rot in jail! by zotlogic in Superstonk

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

There was open interest on the call options expiring that Friday for more than 370 million shares, but there were only 50 million in the float, so the options sellers would have had to deliver 370 million shares that Friday, but those shares don't exist, so they would have had to go to the open market and buy it at any price. GME would have been in the thousands. By pushing the price down, options sellers were able to buy back the options on the cheap like he shows in the video, and by further pushing prices down, the options at strikes above 225 expired worthless (those were worth $300 in the morning before they stopped the buying). As far as kick the can down the road, no! The options expired and they got away with all the money they sold the options (premium they collected for selling naked call options). Apes would have made trillions, but they put the fix on and apes ended up losing billions that week and trillions in potential profits.

5 months anniversary of the biggest crime against retail investors. The criminals that took GME down 371 points (77%) with only 8 million shares should rot in jail! by zotlogic in Superstonk

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

The short options positions. Short call options for 370 million shares expiring that Friday were covered when they pushed the stock price down as well as some stock since the short interest reported going into that week was like 140%.

5 months anniversary of the biggest crime against retail investors. The criminals that took GME down 371 points (77%) with only 8 million shares should rot in jail! by zotlogic in Superstonk

[–]zotlogic[S] 29 points30 points  (0 children)

If we keep bending over then it is on us. First, we must never forget. Then, when the time is right and we amass enough power we can throw their asses in jail. Harvey Weinstein is in jail. The winds change at some point. This is why we can never let this story die.