Meme stocks and stock markets aren't related

In fairness, Elon does the exact same thing and yet he's taken seriously

Guy probably just wanted a few extra million. It's like Elon with Doge and Bitcoin. He could of bought into it prior to tweeting knowing it would jump massively once he tweeted anything.

It's the modern boiler room, nothing new at all.

You can't ban stupid people, it's called genocide and very very illegal 😅

Bagel is lox betters.

Just bought more ozempic stock because of this comment. 🚀

You've traded being gullible for being fat. Not sure if that was healthy.

potato, tomatah fries are best w ketchup or gravy and cheese.

I be getting pissed off at the price of bagels at Safeway

Ganestop is the wall st parasites created blackswan Ryan Cohen is the GOAT

Today GME was halted 17 x how is that even legal yet a Chinese fugazeee co HKD ripped to 2500 w NO halts SMFH

Truth is, if the circumstances repeat, the same events will happen again. People never learn.

They astroturf reddit and Twitter. After the organic explosion I'm like 2018 demonstrated that retail investors could influence markets, albeit small ones, they've loaded influential subreddits and Twitter threads with bots and shills.

Same, only so I could play "dumb money" bingo.

It might make you loss hope for humanity though.

Probably a lot of swearing and resenting having to get locked in a cell because we wont sell

@@freedomlife3623 nah. They're only playing by the rulebook. Want to lose faith in humanity? look at the legislation that gives us the laws they operate under. That's the real problem.

It can't be as balled up as stock picking goldfish. Goldfish ETF for the win!!!!

Homo economicus

Get with thw times old timer it dosent work on fundamentals anymore its about following the coolade

Do people really think that a simple tweet can trigger the rally? Lmao

X*

or you could look at a graph 📈

You mean we like believing in bs stories

The flow of information will be amazing! People will have entire encyclopedias at their fingertips! And... Will... start talking to each other about how the earth is flat and there is a massive conspiracy to cover it up -___-

Your mistake was assuming all information is useful😅

The mistake we make was thinking we would all just get along

my friend held from 2021 sold at 70 and was also very surprised like you hahaha

Haha that’s fun. That’s a weekend dinner out as a reward.

you'll learn ur lesson at the end of the month

Just like the one time I played Blackjack at $20 a round. I was lucky enough to get a win before the money was gone forever and walked away even. It's only when you can't stop that the house always wins. 😊

Congratulations!

Until the feds step in

men lie, women lie, numbers don't....shorts are over leveraged.

@@HighTide_808 lol no

@@HighTide_808 Yes, FED steps in to keep this store for games upright for its sole reason to keep unemployment rates low and our luxury consumer entertainment will not dissappear from society. This is the important task that the FED has to uphold. This is 2008 all over again...

I think you meant the "gamestock never stops"

You're definitely lying

I was up 11k before the dip man I hope it goes bk up

@@joshuarobinson6444get help brother

@@joshuarobinson6444 you didn't sell? DA fuq. it is a pump n dump - you sell on the pump.

You and me both. 😊

Why not just keep 1 share in your portfolio? A $20-30 initial investment difference shouldn't really hurt anyone's overall investment portfolio.

@syahrules because I was only making half what I do now and those pennies really, really mattered. Now I can buy one share for a laugh and maybe make $10. Then use it to buy discount PS4 games at the store lol.

@@matttran7161 good for you

My friend made $100k profit and was able to pay off all debts and invest more

Good news baggie, they'te about to dilute and render DRS useless!

Correct 50% of the free float is locked up. Let me repeat - HALF of the available shares, are not available

Wonder what Dan would have to say about this

​​@@normtrooper4392he already said it could pump and dump in the future. Lower highs and lower lows

@@normtrooper4392he’d probably go back a bit on his giving Keith Gill the benefit of the doubt, and then pull a “In Search Of A Flat Earth” on us and the entire back half of the video is gonna be on Andrew Tate and the exploitative “Alpha Male” culture

@@normtrooper4392 Same thing last time; the Apes are trying to make their MOAS come true off based off random pictures and memes from one dude without understanding fundamentally how the market works and despite the fact that literally all of their past predictions and "interpretations" about GME have gone south.

Not 100% but yeah it was already up a significant amount on no news

Imagine believing a single tweet causes a stock to jump

I bought 25$ put options on Tuesday with the expiration date on 5/24 which I close. Gave me over 100% on Friday. Closed my position.

Bought $25 puts the day of the bump with a 6/21 expiration that I closed on Friday. Happy with my decision since I 2x'ed my investment.

@@UnfrozenCavemanTrader That was a really short pump

Bought a short lol

You might regret that on Tuesday. I hope you closed!

Given the current difficulties in tracking who owns which stock in a high frequency trading environment, I suspect selling a stock you don't own is quite rampant. Even if caught, firms usually get fines that are so small it makes doing the illegal thing a no brainer.

There's also the attachment to the bill that lowers the required leverage to have on hand comparable to market volatility in times when they deem "highly volatile or unusual trading activities"

I was wondering how long it would take for someone to refer to anything DTCC related 😂 It’s stunning how such an influential piece of the market is so ignored by the majority of investors… Well, I was the same before the sneeze so I shouldn’t be so quick to judge.

the SEC pushed back implementation of some SRO reporting obligations until July 2024.

@Not_Bored_Enough ok so I'm not super literate with any of this stuff. But if new "unique" bank deposits have dried up, and they change margin requirements wouldn't that make it easier for institutions to gamble with money they don't have during short squeezes etc and not have to worry because they just won't get a MC?

Everyone under 30 lol probably under 50 let’s be real.

We do have a reality problem. But the problem is in cost of living, making people cling to moonshot events because it's the only way they see themselves improve their lot in life.

​@@bones642 have you been on Facebook? There's no age limit to this.

@@dinokknd If anything these people would gamble even more money if they had more money

ACTUAL inflation (not CPI) is more than 100% since 2020 you can’t blame them, a bull market is not beating inflation anymore.

Meanwhile me: Investing in a truck parts company with a near monopoly, an offshore vessel company in which the industry has a shortage of until at least 2027, and the only speculative one being a niobium (see rare earth metal) company who sits on top of a massive Tier 1 deposit and is needed for renewables and has massive shortages. Up 25% in 2-3 months and hodling the hell out of the offshore vessel company that it’s pending a takeover (that is far too cheap thus likely to be voted down in shareholder voting in June, which I will too as the shares are actually in my name). And I’m interested in opening a position in an electricity infrastructure construction and maintenance company that looks way too cheap share price wise and will only get better due to greater electricity demand in years to come. But I always give it a few days to see share volume etc Good investing with good core fundimentals is boring investing. Alot of those with low P/E ratios, particularly ‘defensive’ stocks = DEEP FCKING VALUE Oh yeah, Tradingview, even the free version, is over 9000 based too.

@@ChineseKiwi "Investing in a truck parts company with a near monopoly" ORLY?

@@WPaKFamily Yes, it isn’t in the US.

@@ChineseKiwi not in the US. I was assuming it was ticker symbol ORLY in the states

How you feeling now?

We've all been there, now I just have my popcorn out while sticking to what I know.

Have faith brother. Don't give in. Keep to low cost etfs and ride it out the coming years. It will be slow, but you will be rich.

FOMO about literally anything else but meme stocks. It will ruin you

Don't. You are watching someone hitting the jackpot and not the many many many days and people dumping their money in for nothing. Go get some spare cash and take it to a casino. Same difference except it's more entertaining.

Don't. FOMO for short term predictions of markets are very risky and you'll eventually lose if you play the game long enough.

yeah, it's making me feel like i should've had a fun little position on gme myself now.

>which if any of the bull thesis are valid that's the best part: none of them are!

@@mikewazowski5421 greater fool theory is always valid.

Tesla, DJT and other stocks being ridiculous, it invites this behavior.

It's another pump and dump. Come 30 days we will learn it was a Nancy Pelosi play or some such. Another goobi earning themselves a nice summer vacation bonus. Retail holders will be bag holders, as always.

go look at how many shares traded the past 3 days. hundreds of millions, you actually think everyday Joe's are moving that quantity? grow up, it's shorts being forced to buy.

@@boukie85 nice narrative but if we look at the numbers we can see millions of transaction while the market is declining.

@@boukie85 lol. He explained in the video how that was very likely not the case

@@jaad9848 check back in with me in a month u shill

@@Burito-tj5ry check back in a month shill shillington, put ur money where ur mouth is. talk is cheap, takes money to buy whiskey 🚀🚀🚀

That’s the struggle

Say the actual word, you know you want to

@@bad_writer not sure what you mean?

@@bad_writer Haters gonna hate.

Everyone’s hoping they’re jumping in at the middle of the rally, and those people aren’t usually setting appropriate stop losses or getting up early witnessing the destruction.

Like showing up to a trashed house after a party at 5 am wondering when the party is going to start.

@@Flintknappingtipsone of them was me, a brutal lesson but also one that led me to bogle from now on

They can be if you’re not gambling on memes

Markets are, mobs of pirates aren't

Short term popularity contest, long term weighing machine

Economics assumes that every market participant has perfect information and acts rationally. These are very poorly founded assumptions.

​@@CurieBohrYou failed the test bro. If they're so efficient there's no point in investing at all.

That shit confused so many people because they didnt realize that every share short also adds to the number of shares. Going over 100% isnt a conspiracy. Its normal for a struggling company.

Hell yeah brother

His 2 hr and 30 minute video was supposed to be comprehensive, but it left out the market reforms meme stockers have sought. For example SEC Chair Gensler admitted 90% of retail orders do not hit the LIT market and therefore have zero effect on price.

That is a great video but learning about MOASS scarred my brain.

Agreed. He's also commenting on recent events over on ex-Twitter; I gather his opinions haven't changed much. His 2022 video "Line Goes Up" covering similar phenomena in crypto and NFTs was also very insightful.

@@AynRands.RazzieAward If you had watched TIFA you wouldn't have made this comment because Dan actually **does** address this point very specifically. The truth is that you and the rest of your ilk don't care about market reform at all, it's just convenient misdirection. You just want the entire financial system to burn and get unfathomably rich in the process.

i love gambling

Lol. Are all humans lemmings? Is there even one other like me out there?

Investing is gambling.

it's not gambling if you hold forever u shill shorts never closed

Yes investing in NVDA!

The market is absolutely rigged. The good news is, the rules are all published and, the entire history of any stock can easily be obtained for free. Most people who complain about “the market” are just mad because it isn’t the free money machine that they want it to be.

Personally I'm looking forward to Gamestop's Q2 report so we can see how many baggies finally sold based on what will almost certainly be lower DRS numbers. Once that crack in the armor shows and people realize they got suckered in for 3 years straight, it will be the meltdown to end all meltdowns.

​@@mikewazowski5421the mother of all meltdowns

absolutely, he didnt even touch the threshold list/fail to deliver stuff along with FTX claiming to back tokenized shares 1-1 and mmtlp straight up getting denied movement

Idiot 😂

Can we call you bagholder now?

please be joking 😭

Stupidly thought you bought a single $60 share. Did she take the kids

Moron😂

To be fair the Gamestop's transition to codes and colectables has been happening for years hince the profit... Also people like me who are the whales keeping gamestop high a dry.

Didn’t know what physical media was. Thanks. I think it’ll do fine on its own though:)

Physical media is overrated. There's really no reason to own stuff physically other than poor internet connections, discounts and used media. I bought the "disc version" of the PS5 solely for the discounts. As long as the digital media isn't tied to a subscription then you own it as if it was physical, unless you're trying to resell it when you're done with it.

​@@dlanor15 That's not entirely true. A lot of these digital media purchases are tied to accounts that can be terminated, can be blocked by new hardware requirements and some of them even include fine print that your "purchase" of content is actually a license that can be revoked at anytime. For instance, recently Funimation merged with Crunchyroll. Funimation had sold digital copies of shows that you could pay to "own" and watch without a subscription, kind of like a digital DVD boxset. When Crunchyroll acquired the platform, they stated they weren't supporting Funimation's digital copies and since the content couldn't be locally downloaded, Funimation customer lost all the content they paid for. Another example was a recent decision by a company called Telstra shutting down their service and moving it to another company called Fetch, which would require purchasing additional hardware in order to continue to access the media that users purchased. (See "‘My whole library is wiped out’: what it means to own movies and TV in the age of streaming services" on The Guardian for more details). The only way you "own" digital media is 1) if the media exists in such a way that you can make local backups of it and 2) that you can install / transfer it from device to device without going through the company you purchased it from. Anything else leaves you vulnerable to have you content taken back at the whims of the company that provides it.

Health insurance is also overrated. Until you need it.

Yeah I'm sure hedge funds have positions in all the meme stocks (bought in when cheap) and monitor social media with bots. Most of this movement was probably trading bots going wild trying to catch the upside of a pump, as "retail" fake themselves into thinking a short squeeze is coming and the stock will go wild.

Did you even watch the video? He literally said most of the buying was institutional.

​​@@wrxpilot"Who tf has 18 minutes and 26 seconds to watch something"

Fr, this dude watches too much msm

I thought it was from gurren lagan 🤣🤣

GameStop has a P/E ratio over 1,000. That means if profitability continues to improve at the current rate, GME fundamentals might justify the current stock price in 20-30 years. GameStop is becoming profitable by shrinking. That’s a decent short-term strategy, but it doesn’t justify a sky-high P/E ratio. Who knows? Maybe the market for crappy off-brand gaming accessories will explode, and GameStop will become the next Amazon! The challenge is that the profit margin on hardware is much lower than on software. When GME baggies leave the cult subreddits, they like to pretend they care about fundamentals, but most of them are really betting on conspiracy theories about massive hidden short interest being exposed by DRS.

inb4; not saying in any way GME is a good investment. Heck this whole situation isn't even about investing anymore. It's something alright! But it's not investing.

It's entertaining! I'm so glad round 2 is on

no no it's "X, the app used to access the Twitter platform"

@@NotTehJon Lmao, even better 🤣

What effect will that have on the upward pressure, especially if the gamma squeeze continues?

Hedge funds would've been wiped out already if they hadn't closed. No one can afford the carry costs of an open short position for more than 3 years. It's in the name - "short"; the only people who stubbornly stay in the losing side of a trade over a multi-year horizon are idiot ape traders, not hedge funds.

Isnt it nonsense to think a hedge fund is holding a short position for 3+ years? Those are expensive

The idea that the short positions held by hedgefunds never closed is silly and completely antithetical to the basic market theory that Apes pretend to know. It's been three years since the initial rush. Any potential profit that could've been made by holding short positions would've been eaten up by fees long ago. It's cope that exists purely because Apes need those short positions to still exist or else they can't possibly trigger MOASS. This is despite the fact that the SEC report released after the initial rush detailed very explicitly that the large majority of the money came from bagholders; Retail investors who bought from other retail investors. Almost all of the people who made fat stacks off gamestop didn't get that money from squeezing hedgefunds, they got it from roping in other average joes into their cult.

​@@Byssboda lot of them do. Or atleast ones with egoistic leaders. Carl ichan for many years had a money lossing position and still kept for years. Same with tesla short sellers. Unrelated yes but it is possible.

@@Byssbod considering they took out these position at $1-5 (split adjusted) - the fees & interest are exponentially lower than closing these positions lol

Bankers and financial analist scare me.

​@@dredoctor8271analist😅

Trading fees included?

​@Baracuda-xj6zk 3€ before taxes, fees and not going to his job. After accounting for that Karen took the kids.

So what you're saying is that they should simply rename themselves GamerStop and only sell hardware and games-related merchandise.

Mortar*

They're profitable and debt free with massive cash reserves to the point they're now a holding co.

​@@Jmills2112what planet do you live on?

@@colinhobbs7265 the last quarter they reported a profit.

A tad bit longer than a week, I’d say

More like 3 years

Lol, all the bag holders from the last Gamestop run are now attempting to dump their bags off on someone else

@@notnoaintno5134 Not gonna lie, that was me. Invested 7 thousand last time, then it went to 3 thousand, then I sold today at market open, made off with 10 thousand. Life lesson, only invest in ETFs and mutual funds. I made up my loss from sheer bloody luck, not risking or gambling on a single stock again

​@@rob-tt3hb Technically speaking, that's over a week

FUD

Volume went up 2 magnitudes in 13 days. Retail didn’t do that. Retail didn’t buy Koss (zero options). Retail didn’t cause GME to go up double digits in premarket

shorts never closed 📈🩳📈💎

Don't be ridiculous. They're still burning dollars, but when they do that the average expected return of a stock go up.

Govt spending is very high, so kinda.

I think buying a long term puts is the play, if any. Because there are no fundamentals for the business as bagel suggested and the clown show can only last so long since the larger shareholders will cash out eventually.

The correct answer was buy a “straddle”

Don’t touch it do not touch it

@@AynRands.RazzieAward Ya you’re right, but might be expensive with all the implied volatility right now