This Financial Matters article focuses on the Gamestop (GME) shortgamma squeeze. Goldman’s sacks says if short squeeze of GME continues it could crash the whole market. The speed and magnitude of the increase in the price of shares of Gamestop (GME), including a handful of other company’s stocks with high short interests, dominated news headlines in January 2021 due to a resulting short squeeze and gamma squeeze. Curious to get people's opinions here, because I think WSB is more or less a groupthink orgy. The VW squeeze that everyone refers too had approx a 5X increase during its period (which was about a month). Seems like this week could be red or some red in the short term but once it pops, you better be on the train. “GME Squeeze and the demise of Melvin Capital,” wrote the user, Stonksflyingup, ... That probably won’t happen with Brian Kemp as governor. So stuff like this, Apple ( NASDAQ: AAPL). GME closed at $61.50 on Friday, leaving twitter to buzz about these chuckleheads over on reddit making Gamestop come unglued from reality all weekend. At the time of this recording, GME price was trading around the $65.00 price level – down almost 80% from the Jan 28th highs suggesting that the short squeeze is now over. This remarkable run is the story of a sub-reddit group, a short-going hedge fund, a gaming retail company on its last legs and the impact of a massive crowd. Short Squeeze! Why? GameStop share price: Latest GME stock news – and what happens next following Reddit ‘short squeeze’ saga The battle between r/WallStreetBets and hedge … It … With GameStop (GME) in 2021 and Tesla (TSLA) in 2020, there were many classic signs of a short squeeze. Short interest in GameStop fell to 39% from 114% in mid-January, according to data from IHS Markit. Don’t look now, but the Duke Brothers are going to be pissed. What happens at the end of a “ short squeeze?” We asked authorities in the field for guidance. Yesterday GME saw another massive price move with the stock ripping over 100% from $45 up over $200 in after hours trading. Since GME closed at about $350 on Jan. 27, the payoff of that single call (purchased for pocket change) would have been $100. What Happened. Hope this helps! Markets can remain irrational longer than you can remain solvent Click To Tweet How Did the Short Squeeze Happen? GME Short Squeeze. by Finua. GameStop shares are down 54% on Tuesday after losing 30% on Monday. GME’s stock went 10X it’s value in the 4 weeks during January. A short squeeze occurs when a heavily shorted stock starts to rise, and those with short positions rush to buy back sold short shares. How a Short Squeeze Catapulted, Then Crushed, Then Again Catapulted GameStop This wild ride is worth a closer look, even if it's the kind of thing most investors shouldn't be doing. A vastly improved search engine helps you find the latest on companies, business leaders, and news more easily. This is the premise of what occurred over the last week up until today, when market conditions changed. Stocks. At the time of this article, GME currently has a short float of anywhere between 123% and 177% (according to certain posts on WallStBets), and going long on GME is still being heavily promoted on WallStBets. But in this case the home runs are likely in the past. Welcome to the age of "viral stocks." The recovery so far this week wasn't entirely surprising either. All you need to know to be in on the action. But if every degenerate gambler thought this way, and sold their shares, very quickly the short squeeze wouldn’t happen. If that happens, they can buy back the stock for even cheaper and keep the difference as a profit. The Real Squeeze to Be Worried About Isn’t a Short Squeeze, It’s a Gamma Squeeze A gamma squeeze is a short squeeze taken to the next level; here’s why … What Will Happen … Be that as it may, I remain concerned about complacency in the markets and overstretched valuations, plus the potential return of inflation. To put this into context, fellow meme stock AMC Entertainment has a short interest percentage of float of 17.32%. During this time of lower volatility chatter surrounding the stock began dying off as the comment share dropped from 20% to it’s low of 4% just before this massive squeeze. Read on for the story. Response 1 of 4: I would hope big money is smarter by now and would not let it happen again. Shares of GameStop (ticker: GME) surged as high as $72.88 Friday—the stock’s highest intraday level on record, according to Dow Jones Market Data, before settling at a record close of $65.01. Shares of a tiny mining firm GME Resource Limited skyrocketed after investors appeared to mistake it for GameStop. Gamestop shares have climbed to $148 yesterday after being at $18 on January 1, 2021. The initial motivation to invest in GME was, apparently, based on the judgment (see here and here) that GameStop was undervalued so the short sellers had made a mistake. GME Gamma Squeeze – What Happened? Comparing it to the recent price, they may bet that a squeeze will send the stock to the $1,000 range next. People rode this up from $17 to $413 and you want to get in now on the long side? This forced options market makers to go long the stock to hedge against their growing short call option position. Misinformed traders believe that the squeeze has been squeezed, yet the numbers clearly show that we have just scratched the surfacee. by Finua. Notice how gme stock drop by so much in recent days? When the price of GME rises, the investment banks and brokerage firms that lent out the stock require that the short sellers provide more collateral. To do this, the shorts might have to sell their existing positions in other stocks at bad prices to quickly raise cash. It’s up to call option prices to self-correct. The coordinated GME short squeeze involved people buying the stock plus cheap out-of-the-money call options. Does offer price change after short squeeze? On to GME. GME was an epic short squeeze. by faceslappingcompilation. The rally witnessed in GameStop stock in January was undeniably accelerated by a short squeeze. New GME shorts at $325. AMC plummets on Friday as it … Post Reply. GME stock has rallied by 113 percent in just the last five trading days. What fun! The initial motivation to invest in GME was, apparently, based on the judgment (see here and here) that GameStop was undervalued so the short sellers had made a mistake. What Will Happen … in MKT. in MKT +-1. Discussion in 'Stocks & Investments' started by Chris1121555, Mar 17, 2021. After GME squeezed, it … GME experienced its gamma squeeze right before we saw it short squeeze all the way up to $500. Short Squeeze! What just happened to GME Stock? Short Squeeze! strength if you’re going to trade this. First, note the existing options positions in GME, from the day prior to yesterdays squeeze (Tuesday, 2/23). I didn't call the GameStop short-squeeze, but I had called last week's downturn for a while. The GME Saga. That’s because exercising the call gets the owner a share of GME (worth $350) at the strike price ($250). These are not the kind of stocks that are dangerous to trade like GameStop ( NYSE: GME) type stuff, they are too liquid, they are very liquid. The last week of January 2021 will go down in history as the day Main Street investors were finally able to stick it to Wall Street. I wouldn't put a lot of money on it. GameStop Investors Share Why They Went Big on the GME Stock Squeeze. What’s interesting to see is that for the following 3 weeks the GME share price had nearly no movement, staying in an relatively close daily range of just about 3-4%. our climate. How Stock and Derivatives Trading Works GameStop had a failed gamma squeeze event, but Redditors refused to show paper hands. We timed this really, really well and we got a really nice trade out of it. What is a short squeeze Biggest short squeeze so far, 2008 Anyone else getting in on GME? This move outpaced the S&P 500's daily gain of 0.99%. There has been an impressive short squeeze at Gamestop and we are going to analyse what’s going on and what could happen in the next few days. Most point to a short squeeze of surprising depth; a new agreement minted between the company and RC Ventures, an activist investor, saw three new board members added to the roster, a move which helped give GameStop some new life. In the case of GME, it appears brokers for hedge fund traders lent shares they didn’t have. BBBY, TLRY, and GOGO are three stocks with similarities to GME … How did this happen? This move was likely fueled by an options gamma squeeze as we’ll explain here. GME stock never saw a short squeeze during its last peak. This GME stock is up a ridiculous five thousand percent over the last six months and i’ve never seen anything like this so we’re going to talk a lot about uh gabe stock right now and see where this stock could even go could it even go much higher guys so to give you guys a GameStop Corp. (NYSE:GME) a retailer for video game software, hardware and accessories, had its shares shorted by 140%, users from reddit got together to perform a short squeeze. At its peak, 140 percent of GME shares were sold short. AMC plummets on Friday as it … The average short squeeze in this data set lasted approximately 12 days from the onset … Did the short squeeze already happen … 0. in IB +-5. This morning at around 10:45 AM, after several days of blistering ride, shares briefly hit $159, giving the company a market capitalization (share price times shares outstanding) of something like $11 billion. 2. This move was likely fueled by an options gamma squeeze as we’ll explain here. submitted by /u/hooman_or_whatever . GameStop Corp. Cl A(NYSE:GME): The newest fashion in Wall Street is targeting stocks with high levels of short interest. AxusLogicus HF. GameStop shares are down big on Monday as short-squeeze conditions dissipate. You need not be a financial wizard to tell that it is a way too high short interest for any company. Such damage to general asset prices, producing the worst week for the S&P 500 Index since October, pales in comparison to what would most likely happen if … Someone on wsb noticed how vw stock dipped alot just before its short squeeze in 2009. Ryan Cohen’s $11.50 GME is looking like a pretty great buy. Back in July 2020, GME was trading at around $4 a share. Will the GME short squeeze happen? AxusLogicus HF. (GME). Who shorted GameStop the most? Not to mention AMC will reopen all 13 of its New York theaters on March 5! GME Gamma Squeeze – What Happened? A guy on reddit, for the past year has been trying to highlight to people on r/Wallstreebets that the short interest was so high that the company was susceptible to a short squeeze. In instance 2, I believe this would trigger a huge short squeeze as it would leave so much uncertainty that it would scare the shorts into bailing. But moving forward, what will happen? Next Last. Uncle Bruce is here to tell you everything you need to know. The shorts won’t need to bail immediately because they can wait and see if Cohen fails to bring GME to the digital era, thus bailing over time adding to the rise instead of a dramatic shift. Someone let the riffraff back into the market, and now the short squeeze saga continues. GME Stock at … [ZH: It was not just GME that surged] This move was likely fueled by an options gamma squeeze as we’ll explain here. The dual squeezes in GameSpot (NYSE: GME), first short interest, then gamma squeeze has allowed for parabolic gains in the name which is leaving the professionals scratching their heads. What is going to happen next at WallStreetBets? Robinhood wasn’t blocking stocks then… Stuff like Microsoft ( NASDAQ: MSFT). Mr. Nagle stated "We think that GME is still a very long way from executing a turnaround and: GME's core gaming business is extremely challenged and losing share at a highly concerning rate; and; any progress on transitioning the business (or acquiring new ones) is more than priced into shares, in our view. GameStop shares are down 54% on Tuesday after losing 30% on Monday. There’s been some recovery since that time. Yet the short side is not without risk as two hedge funds nearly blew up over this. The prophets were right all along, and the short squeeze rocket has officially fueled up. Yesterday GME saw another massive price move with the stock ripping over 100% from $45 up over $160 in after hours trading. Will the GME short squeeze happen? What happened this week with GameStop GME shares? The last time we saw we saw a squeeze like this was in 2018 with Tilray Inc. (Nasdaq: TLRY), a cannabis company that saw its stock shoot up 1,400%. It came out of a volatility squeeze, boom. A squeeze will happen. This is the premise of what occurred over the last week up until today, when market conditions changed. NYSE:GME gained 13.61% on Thursday as meme stocks bounced back. ... Is there really a short squeeze for GME? May 27, 2021) May 27, 2021) Is the short squeeze coming soon? The most notable example is Gamestop which has gone from $20 to $380 in 2020 . The GME short-squeeze will be a case study in business schools for decades to come. As a side note, a reverse gamma squeeze is also a thing. How Stock and Derivatives Trading Works So price is GME went up 44% on Thursday. That resulted in a market phenomenon known as a short squeeze. In January 2021, a short squeeze of the stock of the American video game retailer GameStop (NYSE : GME) and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. GME Home Runs. 2. Yes it will happen and it’s going to inadvertently take down Wall Street in the process bc the risk was too damn high and no one thought a bunch of autists and retards would hold the lone together for victory. Now that GME is down 86% from last week's high, currently trading around $53 during pre-market hours, and sinking like a stone, it's all very "last week." As of Thursday, Ortex reported 39M short interest - way lower than what S3 reported - and a huge drop from the day before. AMC Entertainment The Most Shorted Stock Float Shorted 84.30% If people continue buying and not selling the stocks of AMC, because it is that heavily shorted by the institutional investors, a Gamma Squeeze can happen which will send the price of AMC shares to $40. We asked authorities in the field for guidance. A similar situation happened to the German car company Volkswagen in 2008 and 2009, which briefly made it the most valuable company in the world. This has gone from around $10 to right up $351. "It happens all the time, but it doesn't tend to play out in this public or dramatic a manner." On May 21, the GME stock price settled at $176.79. Its gamma squeeze consisted of perpetual gains beginning around the $20 mark all the way up to $100 before it squeezed and saw sharp gains. Unfortunately, GME shares are now beginning to fall precipitously in value (as many predicted they would) – and all of this is linked to current GME short interest. **The squeeze hasn’t happened, You will know when the short happens** That’s straight up disingenuous, if not dangerous “advice”. Indeed, that’s precisely what happened next as GameStop shares crashed to the $40 area on Feb. 19. Nonetheless home runs can and do happen. GME Squeeze. Go. This so-called "short squeeze" isn't unusual, says Craig Fehr, investment strategist at Edward Jones. 5/21/2021. in MKT +-1. Thread starter Flyfisher; Start date Jan 30, 2021; 1; 2; Next. Today, we reveal the three most important takeaways from the GME Reddit army's short squeeze of Wall Street. Pages Public Figure Blogger Raja Makes Money Videos UP $93K GME & AMC Run on Short Squeeze + LIVE Trading Plans Tomorrow (Thu. The Fed doesn’t want to touch Regulation T margin requirements, and the SEC doesn’t have a clear case against Reddit’s day traders. GME has over 100% short interest, has formed a cup and handle, and the potential Cohen takeover is right around the corner. ... Is there really a short squeeze for GME? Then a group of retail investors in an online reddit forum WallStreetBets realised that there was an opportunity for a short squeeze (details here). Does offer price change after short squeeze? AMC was trending on social media as another organized short squeeze was attempted. Related: Discord Bans Reddit Server Responsible For GameStop Stock Controversy. One lost half their money in a month. our climate. If this happens enough a stock’s price can quickly spin out of control, resulting in a short squeeze. by Prospect in S&T - Comm. in MKT. Those kinds of moves don’t just happen. 1 of 2 Go to page. How did this happen? I put this target because i corelated the volume of GME … Tesla, another famously shorted … I think the subsequent trading halts were a way to prevent this illegal activity from coming into the light. Jan 30, 2021 #1 F. Flyfisher Well-Known Member. If the squeeze already happened last friday, how is lying about it or hiding this information to keep people buying/holding GME stock, to increase personal profits, ANY different then the bullshit that Hedge Funds do? New GME shorts at $325. 0. It could have - looking at you, Robinhood - but short interest gradually declined during that period of extremely high volume. WSB has been succesful on short squeezes 1 out of 25 times. Calling The GameStop Short-Squeeze. GME Gamma Squeeze Round 2: Here's What Happened (& What Happens Next) Via SpotGamma.com, Yesterday GME saw another massive price move with the stock ripping over 100% from $45 up over $200 in after hours trading. “But as the stock continues its rapid climb, there will be short sellers waiting in the wings looking for entry points if this rally loses steam and GME’s stock price retraces.” Feb. 2, 2021: GME falls, all eyes on what comes next After it's precipitous rise the previous few weeks, on Feb. 2 GameStop stock opened some 50% down at $140.76 a share . Regardless of it being 123% or 177%, the short float is still huge, and another GME squeeze is definitely still possible. What just happened to GME Stock? in IB +-5. GME squeeze is NOT over. NYSE:GME rallied for a fourth consecutive day, settling at $ 209.43. Yesterday GME saw another massive price move with the stock ripping over 100% from $45 up over $160 in after hours trading. That play is unlikely, although it is not impossible. GME marketwatch I never knew much about a 'squeeze' but all this GME news lately has gotten me to dive deeper and it seems legit as frick. GameStop had a failed gamma squeeze event, but Redditors refused to show paper hands. They seem to think a short squeeze is yet to happen, but: They cite S3 Partners and Ortex data as metrics for SI, but these tend to differ dramatically. If not, isit the hedge funds alr manipulate until many ppl paper hands and sell, hence no more short squeeze liao “We should see the GME short squeeze continuing and more short covering in the stock as mark-to-market losses mount,” he told Yahoo Finance late Wednesday. Traders with short positions were covering because they had to, either because they had sustained large losses, or shares were no longer available to be borrowed. The Volkswagen short squeeze took the longest amount of time to climax at 31 trading days. Mar 17, 2021 at 9:03 PM #1 #1. GME SQUEEZE: ITS HAPPENING - "/biz/ - Business & Finance" is 4chan's imageboard for the discussion of business and finance, and cryptocurrencies such as Bitcoin and Dogecoin. So, r/wallstreetbets members bought GME shares and calls (betting that a stock will go up), pushing the price up and creating a short squeeze. Then a group of retail investors in an online reddit forum WallStreetBets realised that there was an opportunity for a short squeeze (details here). Time will only tell. As it turns out, that’s what happened. ... Ike bought GME … Today it opened red, then went green reaching 14.5, then it went down again and closed 10%. The perfect storm of chaos caused GameStop's parabolic surge. So, r/wallstreetbets members bought GME shares and calls (betting that a stock will go up), pushing the price up and creating a short squeeze. Even celebrities began to show their “support” for GameStop which in turn engaged an even larger retail crowd to buy stock. The next day, following the dramatic intraday 200pct rise and fall of GME on January 25 th, it appeared to many as if the squeeze was over. Monday, with an even larger spotlight on the trade, GME blew its top at $159.18, eventually settling at $76.79.
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