@America_1st from /wsb
THEY’RE FUCKING SCARED. We got em boys.
Firstly, not sure where everyone got in their head Friday was going to be the big day. Why not? Well:
Let me clear up some misinformation: market makers don’t buy shares all at once on Friday when the calls expire in the money; that would be fucking stupid. In simple terms, they buy as the chance of the call ending in the money rises (aka the stock price goes up), so they buy slowly on the days leading up to the expiration date. Their problem is that there is not enough liquidity in the market to have bought enough shares properly when those calls get exercised on Tuesday.
Next week is going to be the biggest week in my opinion. And if they didn’t close robinhood, we would be gamma squeezed up to 700-800 by now or even more. But they did illegal shit to get away with it, and delayed the inevitable. Our friends at robinhood will have hopefully liquidated and switched brokers by Monday and set off the gamma squeeze paired with the call exercises on Tuesday and MM’s not having enough shares hedged properly to deliver. My opinion.
You know the reason why they didn’t try that short naked ladder attack like they did that drive the price from 480 to 120 again yesterday??? Because we didn’t fucking sell. It wasn’t low enough for them to close very many short positions.
Looking at volume, at 120, nobody fucking sold. People probably bought the dip and took more shares off the market instead. They know that, that’s why they didn’t try to use it to bring the price to 120 again yesterday, and only kept it in the 250 ish range. that moment made me FUCKING TRUST YOU GUYS SO MUCH. The fact that MAJORITY STILL DID NOT SELL IS UNBELIEVABLE. They’re probably thinking the same thing.
They’re literally shitting their pants. They have every professional risk analyst, Harvard data scientist, Harvard mathematicians, and the best financial analysts in the world working on this.
Unless the SEC or FED step in (I don’t think the SEC will:
https://www.cnbc.com/amp/2021/01/29...-frenzy-vows-to-protect-retail-investors.html) They have no choice but to make us sell— and the only way they are going to do this is by psychologically torturing us until we do it. Bots spamming shit, robinhood cancelling, CNBC spreading fucking fear everywhere, short naked ladder attacks.
TLDR ⁺ THE ANSWER?
Turn your fucking brain OFF. trust the process. Ignore EVERYTHING you see that comes from the media, and more importantly don’t let any fluctuations in the price faze you, IT IS ALL ARTIFICIAL DESPERATE ATTEMPTS AT SURVIVING. Trust the fact that these shitheads are working literally this next 48 hour weekend straight and sweating and screaming and crying and begging for bailouts, and meeting behind closed doors to come up with more shitty tactics, which won’t work on us because were NEVER FUCKING SELLING. We sit at home with the shares jerking off and spending our time chilling, while they’re in emergency overdrive mode. The fact that we have RETAIL INVESTORS who are willing to lose the money to prove a point, and are not scared, and don’t understand that much is ACTUALLY OUR BIGGEST ADVANTAGE RIGHT NOW.
IMPORTANT:
don’t get burnt out or they WIN. I watch the ticker all day from 8 to 5:30. It’s so draining and I cannot keep it up forever WHICH IS EXACTLY WHAT THEY WANT. come Monday, I am not looking at the stock until 1. I’m going to exercise, eat healthy shit, drink water, spend time with the family and set some time aside NOT thinking about GME. The exact thing they want is that we lose momentum or get stressed out and sell to ease our mind. Don’t let them win.
I own GME, this is purely speculation, I don’t know anything for certain, and it is all my opinion. I like the stock, and believe in its fundamentals and leadershiP.
E D I T: THINKING ABOUT NOT LEAVING Robinhood yet for one reason or another?
Copied from my response to a comment below about someone saying it would take too long to liquidate and move to robinhood:
Don’t liquidate your GME holdings, just take your extra cash you want to put in to GME and put it in another broker account ASAP.
and I don’t mean “Wow”...
