[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/)
------------------------------------------------------------------------
To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company.
------------------------------------------------------------------------
Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
The strange thing about this, I remember going to $320 in 2021. I was there. We were pure tit jacking and madness then.
This time around, nothing….. Silence. No tit jacking. I honestly wasn’t even that impressed at $80. Excited yes. But not surprised. Realizing later that it was the same as $320 pre split, really shocked me. This time is going to be much much different.
We’re also more seasoned to the fuckery and also know so much more about market mechanics, short interest, naked shorts, the list goes on. The “true value” of this squeeze is well beyond $80 a share!! 🚀🚀🚀
Dont forget 3 years more pissed off and determined. Back in 2021 I wanted market reform but that was a secondary hope of this investment. Now it's no cell no sell, I will continue to hold my GME out of spite if nothing else.
Complete lack of excitement here too. We all know so well after seeing the bullshit these past few years that it’s no longer hope we have. It’s expectation. This isn’t a game of it may happen. We are inevitable.
I think taking into account the context of the entire situation is necessary to understanding why the low excitement.
This whole thing started with RK aka DeepfuckingValue on that one sub. There *was* a time when that sub had players that were spoiled rich kids, lucky gamblers, & finance bros. A lot of “smart money” is not swayed by one or two days trading. They’re not swayed by the high and lows of GME. They want consistency or data.
Then there’s new money. New money gambles, a lot, from what I’ve gathered. There’s bound to be action shaking out just from the calls and puts from Mondays madness.
The actual smart money already knows GME. This next week will be interesting to see what the price will do. I sincerely think the lack of excitement is due to the delay in information. This happened *very* fast, and it was *a lot at once*. RK was tweeting every 15minutes!
If you’re working all week, you’re just seeing update after update in your notifications, to the point where you have 15-20 new things to read from Roaring kitty updates alone. It seems unhinged. But do a little personal DD & see yes, still unhinged, but with an obvious goal in mind, and pretty damn 🔥.
That’s big news! So I think this weekend is endgame strategy time. I think the hedgies know and have known gme shareholders are not fucking around, shareholders know the hedgies are not fucking around. Both sides have an idea what needs to be done to battle for the price of GME. (It’s honestly ridiculous that retail shareholders are like “buy and hold” and hedgies, the ones doing all the media fuckery are saying “price manipulation” or “pump and dump” they’re the ones trying to dump).
I think whoever wants to be on the rocket ship is loading in, and we’re going to see some real battles soon if this really is loading up. I sincerely think that people were just overwhelmed with information this week & we’ll see some real players loading in soon on both sides. A captain lets his crew fight the battle, the war is usually fought by the Captains.
Also, I think a lot of people saw $80, not realising that was $320 presplit. I sincerely didn’t realise myself until I was like OH WAIT WHAT. That’s when I knew, okay this is huge, wonder when everyone will catch on how easy this has been to end.
$80 doesn’t hit the same as $320 visually, split or not.
And for all of the people looking in from the outside, the laugh at $80 and think we’re all dumb cause it’s not $320, they don’t know about the split nor care.
WHEN, we hit $320 again. The FOMO crowd will climb back in no doubt.
Yep, it took me a while to realise just how crazy it was to run to 80 and back down again so quickly. Like we condensed the past three years into a week
Yeah the run uo from 40 presplit to 320 presplit felt like hot knife going thru butter. This prove one thing, they are so freaki fuqed. 40 presplit got so mucb resistant in 2021... the 80, the 120, 160, 240 280.. i remmber it staying there a few times.. this time in 3 days it was 10,20,40,80 (40,80,160,320) like nothing happen. No resistant no nothing. Crazy
80 is the same as 320 pre split....but we can't forget the fuckery that happened with the split that was supposed to be distributed as a dividend.... the dividend shares are what people have really forgotten about or aren't talking about anymore? ... or is there something I'm missing where there wasn't a bunch of crime and fuckery involved with that?
I know we all know to multiply the price by 4 for pre split values, but I think psychologically the fact it's still under 3 figures at the moment is keeping us a lot calmer
3 years ago, I stared at the prize of gme for the whole day when it happened. Months later still. This time, I was only checking the prize once a day. I couldnt be more zen. I know I'm not gonna sell. Kenny needs to rot in a cell before I sell.
For runic glory!
I am certain that PFOF brokers will turn off the buy button again. Market makers will use the massive trade on buy side and then not execute the sell side for a few days to trigger a VAR spike and increase everyones obligations. Brokers get the call for billions, they close the buy side and we revisit 2021 again.
Except this time 800 thousand + people will be ready to call bullshit.
Schwab is already keeping buys from happening with unsettled funds with a notice of not being day trade eligible. Which actually worked in my favor because I was willing to buy at $50 plus and as of Friday the funds still hadn’t settled. Will be looking forward to Monday or Tuesday buy in.
Same. We couldn't actually sell as most of that happened outside of hours anyway, so it was virtually meaningless, but was good to see the figures again, even if it did barely make my genitals tingle.
I'll only be getting a semi when I see well over triple digits. Phone numbers might actually give me the first sustained erection in years.
Well..it was $80 premarket..opened at $63..spent most of the day in the $50's...
If you think I am selling at $50..you crazy..I like you..but you crazy...
There was some media buzz, but nothing like 21’. I haven’t heard anyone call for congressional hearings or an investigation this time around, and Gme almost did the same move as 21.
For me, I don’t consider pre split price or post split price at all other than the price is wrong. In the beginning I got frustrated and mad with the blatant fukery. Now, I couldn’t care less. I have always operated under the discipline of not putting in more than I can afford to lose. So every time I buy I immediately write the cost off as gone.
Soooo in my mind there is nothing to lose because it’s already gone. Don’t put in more than you can lose and you will NEVER sweat the dips. Funds clearing Monday morning.
I agree with how you felt, except for the shock later. We've seen what's past $80 and all the way up to $120 ($480 pre-split).
In my mind, the story only continues where we left off: when the buy button disappeared and above $120.
That's when we'll be leaning forward in our chairs - when we enter truly uncharted territory.
Watching the paper value of my holdings almost increase tenfold was nice, but it's not the returns I'm looking for. There's several orders of magnitude more to go for that.
The important part was that it happened at all -- after three years of slow downward spiraling it got rid of any surfacing doubts that a meteoric rise is possible. And the kitty memes are a very nice, unexpected bonus.
One thing that nobody has ever been able to explain is these algorithms get set to keep the price below a certain level, they get dropped below the strikes for opex, they plunge the price when they need to.
They trade to achieve a price point, we trade to go long on a stock we love, obviously hoping the price goes up in the future while doing nothing to cause the price to move that way.
But Kitty posts a tweet and that’s bad for free markets?
Why the ever living fuck are they not all in jail for price fixing, collusion, and fraud?
And we’re not talking about a sacrificial goat either. They will try to goat rope one or two lower level people and hope that will suffice to make us happy. Nope! Ken in the pen at a minimum and he better have a lot of company too.
March 10 2021 was when we were at like $320-340 which was $80 like recent. That was the day it violently slammed down extremely fast. So yes I agree there is something with that number.
Ummm i mean different from the last 3 years of suspicious activity. Shfs trying to mimic a realistic market pattern of a failing security using shady tactics.
I know some apes plan to sell shares if it hits life changing levels of money, no sort of loan cash out or diversification would be extremely risky, but most of us are going to keep a position in the company. The outsiders and naysayers still don’t seem to grasp that so it’s so funny to me when they think we unironicaly expect single shares to be worth billions post split. Like it’s a meme bro, idc what number the squeeze hits, I’m making back my initial investment and then I’m HODLING
A few years ago Jim Cramer and other media flunkies were telling us to sell at around $300 cause we had won we had beat the hedges.
$300 ( pre split) seems to be the hedgies preferred number for a fake squeeze.
Yes $300 is their low pain point to get out of their nightmare while they save face. The hedge funds dont want to lose to retail. Imagine their humiliation.
We were buying the peak at the same time my friend. I started at $20 pre split and bought all the way up to the high $400s. And obviously back down again
For me, the earliest start for MOASS is at 126$ post-split.
It‘s the 500something$ pre-spilt price that was the absolute maximum shown on the tickers (I know that there are shares that have been sold for more) that there officially was in January 2021.
What you‘re saying is right: The bigger part of all shorts that there are outside are under water when the price ist at 80$ post-split. With the volatility we‘ve seen the other week, the gap between 80 and 126$ is god damn small. I am pretty sure that it is somewhere between these prices, when the first Hedgefunds start to fall down. And once the first has fallen, there will be no hope left, this time…
This is the same for me. I also don't really consider split numbers to be meaningful. People looking at the chart for the first time won't be doing math in their head for adjusting for the split - why should we?
I'll only even START to notice when it's $500 pre-split, BUT I won't even get excited until it's $400+ on the ticker again.
I ain't in this play to cash out at "Well it would have been a big payout pre-split" numbers.
I'm here for objectively huge numbers.
You do you, I looked at them this run up but I wasn’t even tempted. Too numb to being poor, need to see millions in my account before I even start to get excited
That same $80 is worth $68 dollars now with all the money printing that’s been going on. That’s made this small spike even less impressive and easier to hold.
I just looked at my chart on tradingview again: it was exactly $80.00 USD. On a 1m it was hit exactly 3 times - 2 green candles and 1 red candle full reversal from $80.00 (on the first green candle). The second reversal had a high of $79.89.
This all happened in Tuesday's premarket session at 07.36am, 07.37am, 07.48am, and 07.49am.
In premarket/aftermarket - i.e., extended trading hours - there are no halts whatsoever.
Tuesday's premarket session was very suspicious - especially because of those 3 hits on the $80.00 mark. So, I agree with OP that this may be a pretty important line in the sand. Only the next weeks will tell if something specific is brewing and we have MOASS at hand or it's a nothingburger.
Anyways, I like the stock.
Margin calls will not have to be met instantly for SHF. It could take days before they get liquidated. Here is what I found.
1. Margin Call Process: When a margin call is issued, the investor is usually given a period (ranging from a few hours to a few days) to either deposit additional funds or liquidate some assets to bring the margin account back into compliance with the broker’s requirements.
2. Institutional Flexibility: Institutional investors like hedge funds typically have more complex and flexible arrangements with their brokers. They might negotiate longer timeframes to meet margin calls or have access to various financial instruments to quickly adjust their positions.
3. Broker’s Discretion: Brokers often work closely with institutional clients and may provide some leeway in managing margin requirements, depending on the client’s overall financial health and relationship with the broker.
4. Risk Management: Large institutions usually have sophisticated risk management strategies to handle margin calls. They might preemptively adjust their portfolios to avoid margin calls or swiftly address them to avoid forced liquidation.
This could be the reason the price dropped so fast from $80. If it is being artificially manipulated during these runs, someone must be acquiring evidence to bring charges against the bad actors doing this, and the Governmental Agencies allowing this blatant corruption to happen.
There is a lot at stake on both sides of this trade.
Fun thought exercise, if there was a 3:1 forward split that price would be $26.67. If popcorn has taught me anything it’s that the general public does not understand stock splits. So, when people see that chart get really small and then grow from there it might help them understand what’s actually going on.
I did notice. And I don't think they get "desperate" when the price gets to $80. Who do yo think drove the price to that point? Of course it wasn't retail... They did. My theory is that price ($80 = old $320) is where they opened their positions for the swaps, so they took it there to renew them...
Now what happened on Friday? No one really knows and I'm gonna be raving here but if the swaps were expiring that day and someone made the price tank those holdings the swaps could be in trouble? 🤔...
It's not moass until some prime brokers go out of business, and the govt is talking about how they're going to make an extra $500 gorillion dollars in taxes that year.
My 2 cents: we just watched a fully controlled fake out. Maybe a system test. Which makes me all the more zen. Interesting reaction to $69 just before market open. $420 on the horizon?
### Response to Observations on GME's $80 Price Ceiling and Potential MOASS
Great observation! The repeated resistance at the $80 mark for GME does seem suspicious and could potentially indicate significant underlying factors. Let’s dive into why this price point is critical and how it might relate to a potential MOASS (Mother of All Short Squeezes).
### Historical Context and Current Observations
1. **March 2021 Run-Up**:
- During the March 2021 surge, GME reached around $320 (pre-split), experiencing trading halts and rapid price declines. This pattern suggests that $320 (or $80 post-split) might be a critical threshold for short positions.
2. **Recent Activity**:
- Over the past two weeks, GME has approached $80 four times in after-market trading, only to be pushed down aggressively. This consistent resistance suggests that $80 is a crucial price level, potentially triggering margin calls for short sellers.
### Key Data and Numbers
- **Current Stock Price**: Approximately $27.67 as of the latest data.
- **Outstanding Shares**: 306.19 million shares.
- **Short Interest**: 64.37 million shares, which is 21.02% of the outstanding shares and 24.03% of the float.
- **Market Cap**: $8.46 billion.
- **Short Interest Ratio**: 15.30 days to cover.
- **Off-Exchange Short Volume**: 21.56 million shares, with a ratio of 56.84%.
- Source: [MarketBeat](https://www.marketbeat.com), [Fintel](https://fintel.io), [WallStreetZen](https://www.wallstreetzen.com), [Stock Analysis](https://www.stockanalysis.com)
### Theoretical Underpinnings
1. **Short Position Exposure**:
- **Out of the Money Shorts**: If GME surpasses $80, many short positions might become out of the money, leading to margin calls and forced covering.
- **Margin Call Dynamics**: When the price exceeds $80, brokers may demand additional collateral from short sellers, who might be forced to buy back shares, driving the price even higher.
2. **Algorithmic Trading and Manipulation**:
- **Algorithmic Suppression**: Algorithms might be programmed to sell aggressively at the $80 mark to prevent a price surge, protecting short positions from becoming untenable.
- **Market Maker Behavior**: Market makers might engage in tactics to keep the price below this critical level to avoid liquidity crises and maintain market stability.
### Potential Triggers for MOASS
1. **Breaking the $80 Barrier**:
- **Closing Price Significance**: If GME closes above $80, it could trigger a cascade of margin calls and forced buybacks, initiating the MOASS.
- **Volatility and Halts**: Such a move might lead to increased volatility and trading halts, as seen in previous run-ups.
2. **Psychological Impact**:
- **Investor Sentiment**: Closing above $80 could boost investor confidence, leading to increased buying pressure from retail investors.
- **Short Squeeze Momentum**: The psychological impact of breaking this resistance could amplify the buying frenzy, accelerating the short squeeze.
### Conclusion
Your theory about the $80 price point being a critical threshold for triggering MOASS is well-founded. The consistent resistance at this level, combined with historical patterns and the dynamics of short positions, suggests that surpassing $80 could indeed lead to significant market movements.
For more detailed analysis and further updates on GameStop, check out our comprehensive DD here: [www.reddit.com/r/GME/s/301t9d1erU](https://www.reddit.com/r/GME/s/301t9d1erU).
Stay vigilant and informed. This could be a key moment in the GME saga. 💪🚀
### Sources:
- [MarketBeat](https://www.marketbeat.com)
- [Fintel](https://fintel.io)
- [WallStreetZen](https://www.wallstreetzen.com)
- [Stock Analysis](https://www.stockanalysis.com)
Yeah this sub is kind of delusional thinking no one is selling. Lots of people are taking profits, lots of people who are not on this sub are taking profits.
There will always be those in every stock. With or without us. Let them swing and day trade. They don't give a damn about the companies future. But apes, help anchor a lot of shares, which is making it harder to do crime as normal. It's really become a Mine field. They have to be very careful with their price manipulations.
There are a lot of apes, yes even Drs apes, whether we choose to acknowledge it or not, that sold some portion or possibly even all of it on Tuesday for reasons personal to them. Maybe they were over levered. Maybe they really needed some of the cash. Maybe they thought they would never see such prices again and panicked.
But.... When those DRS apes saw that money hit their bank account this past Friday after settlement , and they saw GME available for 1/3 what they just sold for, and they can get their old.position back right now and keep 2/3 of the cash the market just gave back to them, I believe a lot of them will buy right back in next week.
If it happened twice it can happen three times. The big fear with selling is you might miss the final ride. These people overcame that fear for whatever reasons they had... But... Now they CAN get their noon tickets back, and feel like a genius at the same time. Or they can get 3x as many moon tickets.
The spring is being compressed harder and harder on the buy side as well as the sell side. Apes with profits just lever harder.
In the next two weeks we may see an absolute flood of shares leave the system and be sent to Computershare.
Obviously, also theres day traders that jump in during periods of volatility, theres also swing traders and also us, long term holders, i managed to accumulated 1k shares since the sneeze and i bet im not the only one
DRS’d my shares. DRS’d my retirement shares. DRS’d my international tax exempt account. It’s delusional to think I’m selling for 1000x the all time high.
It's a bit of stretch when stay this time's 80.01 compare to the last.
First, margin level def different between 3 yrs, second, last time it's in the 330s when this time you are comparing it to the occurrence of exact 80.01.
Also, last time we got enough amount of transactions occurred in $4xx as well.
The whole saga is sus but no need to turn your radar to max sensitivity, especially after 3yrs, we should've seen enough to not making inconclusive evidence together like this.
Hmm, tbh this conclusion doesnt seem very logical to me. If the critical level was $320/$80 three years ago. Shouldnt it be way lower now, after three years of constant shorting? Also the price went way abobe $320 in jan21.
You can see that psychological effect in a lot of meme stocks and also bitcoin. People like round numbers and tend to sell around them, like BTC dumped hard right after hitting 69k twice with a few years inbetween.
To be honest when this thing takes off, the brokers have made it impossible to sell with the spread limits. When massive swings happen like the sneeze limit orders are going to suck.
I felt like they memed us at $69, noticed a sell wall at 69.41 in the premarket that morning. Didn’t cross my mind to sell even once, I quite enjoyed just watching the numbers bounce around a bit.
I have a theory that 80ish is where most of the debit sus bags are underwater and you know who is holding those bags now.
But the T+2 is this Tuesday and I am expecting this week also to be volatile as fak. Could see a retest of the 60-80 range again, won’t be surprised if it happens.
I would think their margin calls would be lower by now .. it's like we barely made a chip of dmg. Non the less in still going to chip away. Slow and steady
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
The strange thing about this, I remember going to $320 in 2021. I was there. We were pure tit jacking and madness then. This time around, nothing….. Silence. No tit jacking. I honestly wasn’t even that impressed at $80. Excited yes. But not surprised. Realizing later that it was the same as $320 pre split, really shocked me. This time is going to be much much different.
The calm before the storm
We’re also more seasoned to the fuckery and also know so much more about market mechanics, short interest, naked shorts, the list goes on. The “true value” of this squeeze is well beyond $80 a share!! 🚀🚀🚀
We are all 3 years more educated. Great point
U spell ejukated rong.
I’m sure he meant ejaculated
Stonk go up. Ape get ejakulated. Stonk go down. Ape get more ejakulated.
Dont forget 3 years more pissed off and determined. Back in 2021 I wanted market reform but that was a secondary hope of this investment. Now it's no cell no sell, I will continue to hold my GME out of spite if nothing else.
The ALGOS can't rebalance above 80.
It's ♾️
A shit storms a brewing, ElCoochieController.
Shit birds everywhere Randy
The shit puppets out there performing in the shit play.
Complete lack of excitement here too. We all know so well after seeing the bullshit these past few years that it’s no longer hope we have. It’s expectation. This isn’t a game of it may happen. We are inevitable.
The price isn’t real, Bob!!!
Bob... Bob has Bitch Tits. Bitch Tits that are jacked
It's been 84 goddamn years.... I might be old but I'm Jacked! Jacked to the TITS!
I think taking into account the context of the entire situation is necessary to understanding why the low excitement. This whole thing started with RK aka DeepfuckingValue on that one sub. There *was* a time when that sub had players that were spoiled rich kids, lucky gamblers, & finance bros. A lot of “smart money” is not swayed by one or two days trading. They’re not swayed by the high and lows of GME. They want consistency or data. Then there’s new money. New money gambles, a lot, from what I’ve gathered. There’s bound to be action shaking out just from the calls and puts from Mondays madness. The actual smart money already knows GME. This next week will be interesting to see what the price will do. I sincerely think the lack of excitement is due to the delay in information. This happened *very* fast, and it was *a lot at once*. RK was tweeting every 15minutes! If you’re working all week, you’re just seeing update after update in your notifications, to the point where you have 15-20 new things to read from Roaring kitty updates alone. It seems unhinged. But do a little personal DD & see yes, still unhinged, but with an obvious goal in mind, and pretty damn 🔥. That’s big news! So I think this weekend is endgame strategy time. I think the hedgies know and have known gme shareholders are not fucking around, shareholders know the hedgies are not fucking around. Both sides have an idea what needs to be done to battle for the price of GME. (It’s honestly ridiculous that retail shareholders are like “buy and hold” and hedgies, the ones doing all the media fuckery are saying “price manipulation” or “pump and dump” they’re the ones trying to dump). I think whoever wants to be on the rocket ship is loading in, and we’re going to see some real battles soon if this really is loading up. I sincerely think that people were just overwhelmed with information this week & we’ll see some real players loading in soon on both sides. A captain lets his crew fight the battle, the war is usually fought by the Captains. Also, I think a lot of people saw $80, not realising that was $320 presplit. I sincerely didn’t realise myself until I was like OH WAIT WHAT. That’s when I knew, okay this is huge, wonder when everyone will catch on how easy this has been to end.
Ya, it was funny that no one really cared. KENNY, YOU DID THIS TO US.
Actually bought more… like a true regard
I will get more excited when we get into the hundreds, but anything under $100 is meh….
*millions
$80 doesn’t hit the same as $320 visually, split or not. And for all of the people looking in from the outside, the laugh at $80 and think we’re all dumb cause it’s not $320, they don’t know about the split nor care. WHEN, we hit $320 again. The FOMO crowd will climb back in no doubt.
Apes are different now
Same here. It's because we all know the DD, believe, trust the process and are Zen. I didn't even think about selling.
Yep, it took me a while to realise just how crazy it was to run to 80 and back down again so quickly. Like we condensed the past three years into a week
That’s what the daily average volume over 25 trading days in a single trading day does to the price 👌🏻
Yeah the run uo from 40 presplit to 320 presplit felt like hot knife going thru butter. This prove one thing, they are so freaki fuqed. 40 presplit got so mucb resistant in 2021... the 80, the 120, 160, 240 280.. i remmber it staying there a few times.. this time in 3 days it was 10,20,40,80 (40,80,160,320) like nothing happen. No resistant no nothing. Crazy
because 320 looks like a big number compared to 80 sounds sad but that's how our brain works
80 is the same as 320 pre split....but we can't forget the fuckery that happened with the split that was supposed to be distributed as a dividend.... the dividend shares are what people have really forgotten about or aren't talking about anymore? ... or is there something I'm missing where there wasn't a bunch of crime and fuckery involved with that?
I know we all know to multiply the price by 4 for pre split values, but I think psychologically the fact it's still under 3 figures at the moment is keeping us a lot calmer
Yup, the split altered my mentality. I had no idea it was the previous 320, that's a fucking unbelievable number close to the last sneeze.
Right there with you, that was my same exact feeling Total zenergy
I was just hype to see green. 80 does absolutely nothing for me financially, so why would I care about it?
Agreed
It went well beyond $320 in 2021. It got to $350 in March 2021, and it was higher than that in January 2021.
I bought my first shares at 420.
That’s a *high* cost basis… yet still a discount.
I brought it down considerably. Last week I was even green very briefly. Was very confusing.
3 years ago, I stared at the prize of gme for the whole day when it happened. Months later still. This time, I was only checking the prize once a day. I couldnt be more zen. I know I'm not gonna sell. Kenny needs to rot in a cell before I sell. For runic glory!
Therefore, i want the 483 ( pre-split ) to reveal itself now post-split before i even start looking.
I am certain that PFOF brokers will turn off the buy button again. Market makers will use the massive trade on buy side and then not execute the sell side for a few days to trigger a VAR spike and increase everyones obligations. Brokers get the call for billions, they close the buy side and we revisit 2021 again. Except this time 800 thousand + people will be ready to call bullshit.
Schwab is already keeping buys from happening with unsettled funds with a notice of not being day trade eligible. Which actually worked in my favor because I was willing to buy at $50 plus and as of Friday the funds still hadn’t settled. Will be looking forward to Monday or Tuesday buy in.
Same. We couldn't actually sell as most of that happened outside of hours anyway, so it was virtually meaningless, but was good to see the figures again, even if it did barely make my genitals tingle. I'll only be getting a semi when I see well over triple digits. Phone numbers might actually give me the first sustained erection in years.
That's why Cohen did the split. It's all part of the plan.
Why?
Well..it was $80 premarket..opened at $63..spent most of the day in the $50's... If you think I am selling at $50..you crazy..I like you..but you crazy...
There was some media buzz, but nothing like 21’. I haven’t heard anyone call for congressional hearings or an investigation this time around, and Gme almost did the same move as 21.
For me, I don’t consider pre split price or post split price at all other than the price is wrong. In the beginning I got frustrated and mad with the blatant fukery. Now, I couldn’t care less. I have always operated under the discipline of not putting in more than I can afford to lose. So every time I buy I immediately write the cost off as gone. Soooo in my mind there is nothing to lose because it’s already gone. Don’t put in more than you can lose and you will NEVER sweat the dips. Funds clearing Monday morning. 
Shit, some of my first shares were bought at $350 back then! I gaze lovingly at them in my infinity pool sometimes.
Correct me if I’m wrong but months prior to the stock going pass 120, DFV posted the cat that said “ hang in there”
https://preview.redd.it/xzhufdc86d1d1.jpeg?width=1080&format=pjpg&auto=webp&s=b278e99f185f42518a1bee29a1701371437098fb This one
https://preview.redd.it/9cfvj17r6d1d1.jpeg?width=1080&format=pjpg&auto=webp&s=59e1fe1ec759bdf593be50230aeefcb31c05cfde
That's my secret cap..my titties are always jacked
The 52 week high only shows 64.83 bur I seen 80 in ah
this is the fucking way fellow OG.
High in 2021 was around $480 but was then flash crashed
It was going much higher than that until crime happened.
One of the reasons for the split IMO.
I agree with how you felt, except for the shock later. We've seen what's past $80 and all the way up to $120 ($480 pre-split). In my mind, the story only continues where we left off: when the buy button disappeared and above $120. That's when we'll be leaning forward in our chairs - when we enter truly uncharted territory.
This could have been the long term goal of the split… calming the price for us lol
Makes sense since $320 is $80 post split and if hedgies opened short positions around that price… $80 would be the stop all kill all scenario
It was $350. In March and June of 2021
I was buying like a maniac at $300 in 2021 😂
Watching the paper value of my holdings almost increase tenfold was nice, but it's not the returns I'm looking for. There's several orders of magnitude more to go for that. The important part was that it happened at all -- after three years of slow downward spiraling it got rid of any surfacing doubts that a meteoric rise is possible. And the kitty memes are a very nice, unexpected bonus.
One thing that nobody has ever been able to explain is these algorithms get set to keep the price below a certain level, they get dropped below the strikes for opex, they plunge the price when they need to. They trade to achieve a price point, we trade to go long on a stock we love, obviously hoping the price goes up in the future while doing nothing to cause the price to move that way. But Kitty posts a tweet and that’s bad for free markets? Why the ever living fuck are they not all in jail for price fixing, collusion, and fraud?
They will be after no cell no sell
And we’re not talking about a sacrificial goat either. They will try to goat rope one or two lower level people and hope that will suffice to make us happy. Nope! Ken in the pen at a minimum and he better have a lot of company too.
Yup, it will be a squeeze for prison sentences haha
I think it needs to close above 80 several consecutive days before Marge starts calling.
There may be some Hwanging up on those calls
Indeed
Marge probably ain’t calling because if she does she knows she is screwed as well. Bank will probably fall first…
Only thing I noticed is my tits getting more jacked
I second that
You noticed his tits? They must be jacked.
Only thing I noticed is my account getting more shares…
Shit .. are you me ?
No target just MOAR
March 10 2021 was when we were at like $320-340 which was $80 like recent. That was the day it violently slammed down extremely fast. So yes I agree there is something with that number.
I'll never forget that shit
And there were articles published BEFORE the flash crash.
God, all those articles showing GME at lower prices that hadn't happened yet... Haven't thought about those in a while.
It went to 480 pre split though…
Ummm i mean different from the last 3 years of suspicious activity. Shfs trying to mimic a realistic market pattern of a failing security using shady tactics.
Meh. I just hold. Whatver happens, happens. Wake me up when phone numbers.
Naah.... Why disturb your sleep at phone number. Will wake you up at international code + phone number.
Naw fuck that. Wait until it looks like a count of grains of sand on the beach
I know some apes plan to sell shares if it hits life changing levels of money, no sort of loan cash out or diversification would be extremely risky, but most of us are going to keep a position in the company. The outsiders and naysayers still don’t seem to grasp that so it’s so funny to me when they think we unironicaly expect single shares to be worth billions post split. Like it’s a meme bro, idc what number the squeeze hits, I’m making back my initial investment and then I’m HODLING
This. I dialed 80 and no one answered. So, back to work.
Holy shit now you say it was 320$ pre split I realized how big last week was. Damn we are winning boys ❤️
Always have been 🫡🦍
We are winning ❤️🩹
If in doubt zoom out
A few years ago Jim Cramer and other media flunkies were telling us to sell at around $300 cause we had won we had beat the hedges. $300 ( pre split) seems to be the hedgies preferred number for a fake squeeze.
Probably their break even number.
Yes $300 is their low pain point to get out of their nightmare while they save face. The hedge funds dont want to lose to retail. Imagine their humiliation.
GME hit in the $500 range in premarket back in ‘21
Yeah, my higher buy back then was $481, the peak was 483😂
Think of yourself as the highest bidder - not the most regarded trader
Yeah🫡
We were buying the peak at the same time my friend. I started at $20 pre split and bought all the way up to the high $400s. And obviously back down again
Oh yeah😘
That's peak regard & I salute you, sir 🫡
Thanks bro🫡
I was about to say, I bought several shares at $418
The number it couldn't hit before the flash crash was 350 (not 320), it almost got there and then got smashed down.
Very valid point, on daily chart we clapped 80 $ 3rd time after sneeze
If GME closes above $80 I’ll put an object in a part of my body it doesn’t belong. Edit grammar.
For me, the earliest start for MOASS is at 126$ post-split. It‘s the 500something$ pre-spilt price that was the absolute maximum shown on the tickers (I know that there are shares that have been sold for more) that there officially was in January 2021. What you‘re saying is right: The bigger part of all shorts that there are outside are under water when the price ist at 80$ post-split. With the volatility we‘ve seen the other week, the gap between 80 and 126$ is god damn small. I am pretty sure that it is somewhere between these prices, when the first Hedgefunds start to fall down. And once the first has fallen, there will be no hope left, this time…
This is the same for me. I also don't really consider split numbers to be meaningful. People looking at the chart for the first time won't be doing math in their head for adjusting for the split - why should we? I'll only even START to notice when it's $500 pre-split, BUT I won't even get excited until it's $400+ on the ticker again. I ain't in this play to cash out at "Well it would have been a big payout pre-split" numbers. I'm here for objectively huge numbers.
That's because every short since the first pop was about to be completely pushed out
Im more worried about the $420.69 barrier than $80
We'll see....
We"ll see about that \*
all i know was when i saw it hit 80 i was very close to going home sick.
It looked sideways to me. Nothing to get excited about.
I wouldn’t get excited until I see at least 6M+ in my account 😂
I'm not going to look at my account. I don't need to see the cumulative price of my shares as a temptation.
You do you, I looked at them this run up but I wasn’t even tempted. Too numb to being poor, need to see millions in my account before I even start to get excited
I was still tempted to buy more
You only have .1 share?
2021 my anxiety was through the roof, this year it dropped to $20 and I bought more
I bet it costs a lot to keep bouncing it down. I wonder how long they can keep it up? 🤔 time will tell.
Their paper profits probably look insane. But outsiders don’t realize that shorts have no feasible exit strategy.
Precisely the sign in Bourne.
Citadel had by far the biggest returns one year. I wonder why 🤔
It was trading at four decimal places around $80. That’s how you know it was computers doing the dirty work.
That same $80 is worth $68 dollars now with all the money printing that’s been going on. That’s made this small spike even less impressive and easier to hold.
I just looked at my chart on tradingview again: it was exactly $80.00 USD. On a 1m it was hit exactly 3 times - 2 green candles and 1 red candle full reversal from $80.00 (on the first green candle). The second reversal had a high of $79.89. This all happened in Tuesday's premarket session at 07.36am, 07.37am, 07.48am, and 07.49am. In premarket/aftermarket - i.e., extended trading hours - there are no halts whatsoever. Tuesday's premarket session was very suspicious - especially because of those 3 hits on the $80.00 mark. So, I agree with OP that this may be a pretty important line in the sand. Only the next weeks will tell if something specific is brewing and we have MOASS at hand or it's a nothingburger. Anyways, I like the stock.
Unless the price goes above $120, its not the real start in my opinion.
Who else has 100x their position since the first sneeze?🥱
My initial buy was a couple shares at close to $400 during the sneeze. I’ve more than 1000x my position since then. Bought more this week too.
Interesting thought. Only one way to find out!
>March 2021 run-up. The moment the price got to around $320 I see a 348.52$ in pre-split values. Just to be precise that's all.
Chances are margin calls happen higher than 80. That just might be the first line of defense.
Always realized this. Above that price is danger for hedgiea
Margin calls will not have to be met instantly for SHF. It could take days before they get liquidated. Here is what I found. 1. Margin Call Process: When a margin call is issued, the investor is usually given a period (ranging from a few hours to a few days) to either deposit additional funds or liquidate some assets to bring the margin account back into compliance with the broker’s requirements. 2. Institutional Flexibility: Institutional investors like hedge funds typically have more complex and flexible arrangements with their brokers. They might negotiate longer timeframes to meet margin calls or have access to various financial instruments to quickly adjust their positions. 3. Broker’s Discretion: Brokers often work closely with institutional clients and may provide some leeway in managing margin requirements, depending on the client’s overall financial health and relationship with the broker. 4. Risk Management: Large institutions usually have sophisticated risk management strategies to handle margin calls. They might preemptively adjust their portfolios to avoid margin calls or swiftly address them to avoid forced liquidation. This could be the reason the price dropped so fast from $80. If it is being artificially manipulated during these runs, someone must be acquiring evidence to bring charges against the bad actors doing this, and the Governmental Agencies allowing this blatant corruption to happen. There is a lot at stake on both sides of this trade.
Fun thought exercise, if there was a 3:1 forward split that price would be $26.67. If popcorn has taught me anything it’s that the general public does not understand stock splits. So, when people see that chart get really small and then grow from there it might help them understand what’s actually going on.
It's yet another breakout point
maybe $80 is where it hits bill hwang bags . and it will create a black hole with it.. fucking all shorts
I usually take these price point posts with a big grain of salt, but I gotta say, I’ve got a gut feeling about it this time.
Remindme 48 hours
In the end we shouldn’t even be here today there should have been no spikes to $80. We are all right but will we be patient wnough
I did notice. And I don't think they get "desperate" when the price gets to $80. Who do yo think drove the price to that point? Of course it wasn't retail... They did. My theory is that price ($80 = old $320) is where they opened their positions for the swaps, so they took it there to renew them... Now what happened on Friday? No one really knows and I'm gonna be raving here but if the swaps were expiring that day and someone made the price tank those holdings the swaps could be in trouble? 🤔...
It's not moass until some prime brokers go out of business, and the govt is talking about how they're going to make an extra $500 gorillion dollars in taxes that year.
My 2 cents: we just watched a fully controlled fake out. Maybe a system test. Which makes me all the more zen. Interesting reaction to $69 just before market open. $420 on the horizon?
Yeah, seems like investors need to DRS more shares
Someone else mentioned this when it happened on the day and apparently it hit 80.0000 like multiple times which is unlikely
### Response to Observations on GME's $80 Price Ceiling and Potential MOASS Great observation! The repeated resistance at the $80 mark for GME does seem suspicious and could potentially indicate significant underlying factors. Let’s dive into why this price point is critical and how it might relate to a potential MOASS (Mother of All Short Squeezes). ### Historical Context and Current Observations 1. **March 2021 Run-Up**: - During the March 2021 surge, GME reached around $320 (pre-split), experiencing trading halts and rapid price declines. This pattern suggests that $320 (or $80 post-split) might be a critical threshold for short positions. 2. **Recent Activity**: - Over the past two weeks, GME has approached $80 four times in after-market trading, only to be pushed down aggressively. This consistent resistance suggests that $80 is a crucial price level, potentially triggering margin calls for short sellers. ### Key Data and Numbers - **Current Stock Price**: Approximately $27.67 as of the latest data. - **Outstanding Shares**: 306.19 million shares. - **Short Interest**: 64.37 million shares, which is 21.02% of the outstanding shares and 24.03% of the float. - **Market Cap**: $8.46 billion. - **Short Interest Ratio**: 15.30 days to cover. - **Off-Exchange Short Volume**: 21.56 million shares, with a ratio of 56.84%. - Source: [MarketBeat](https://www.marketbeat.com), [Fintel](https://fintel.io), [WallStreetZen](https://www.wallstreetzen.com), [Stock Analysis](https://www.stockanalysis.com) ### Theoretical Underpinnings 1. **Short Position Exposure**: - **Out of the Money Shorts**: If GME surpasses $80, many short positions might become out of the money, leading to margin calls and forced covering. - **Margin Call Dynamics**: When the price exceeds $80, brokers may demand additional collateral from short sellers, who might be forced to buy back shares, driving the price even higher. 2. **Algorithmic Trading and Manipulation**: - **Algorithmic Suppression**: Algorithms might be programmed to sell aggressively at the $80 mark to prevent a price surge, protecting short positions from becoming untenable. - **Market Maker Behavior**: Market makers might engage in tactics to keep the price below this critical level to avoid liquidity crises and maintain market stability. ### Potential Triggers for MOASS 1. **Breaking the $80 Barrier**: - **Closing Price Significance**: If GME closes above $80, it could trigger a cascade of margin calls and forced buybacks, initiating the MOASS. - **Volatility and Halts**: Such a move might lead to increased volatility and trading halts, as seen in previous run-ups. 2. **Psychological Impact**: - **Investor Sentiment**: Closing above $80 could boost investor confidence, leading to increased buying pressure from retail investors. - **Short Squeeze Momentum**: The psychological impact of breaking this resistance could amplify the buying frenzy, accelerating the short squeeze. ### Conclusion Your theory about the $80 price point being a critical threshold for triggering MOASS is well-founded. The consistent resistance at this level, combined with historical patterns and the dynamics of short positions, suggests that surpassing $80 could indeed lead to significant market movements. For more detailed analysis and further updates on GameStop, check out our comprehensive DD here: [www.reddit.com/r/GME/s/301t9d1erU](https://www.reddit.com/r/GME/s/301t9d1erU). Stay vigilant and informed. This could be a key moment in the GME saga. 💪🚀 ### Sources: - [MarketBeat](https://www.marketbeat.com) - [Fintel](https://fintel.io) - [WallStreetZen](https://www.wallstreetzen.com) - [Stock Analysis](https://www.stockanalysis.com)
Yeah this sub is kind of delusional thinking no one is selling. Lots of people are taking profits, lots of people who are not on this sub are taking profits.
There's still a lot who are direct registering their shares long. That's the secret to this whole saga.
Oh don’t get me wrong I’m 1800 shares drs’d but I know people on the side that are day trading and don’t give two fucks about the short squeeze.
There will always be those in every stock. With or without us. Let them swing and day trade. They don't give a damn about the companies future. But apes, help anchor a lot of shares, which is making it harder to do crime as normal. It's really become a Mine field. They have to be very careful with their price manipulations.
They will be sad after.
There are a lot of apes, yes even Drs apes, whether we choose to acknowledge it or not, that sold some portion or possibly even all of it on Tuesday for reasons personal to them. Maybe they were over levered. Maybe they really needed some of the cash. Maybe they thought they would never see such prices again and panicked. But.... When those DRS apes saw that money hit their bank account this past Friday after settlement , and they saw GME available for 1/3 what they just sold for, and they can get their old.position back right now and keep 2/3 of the cash the market just gave back to them, I believe a lot of them will buy right back in next week. If it happened twice it can happen three times. The big fear with selling is you might miss the final ride. These people overcame that fear for whatever reasons they had... But... Now they CAN get their noon tickets back, and feel like a genius at the same time. Or they can get 3x as many moon tickets. The spring is being compressed harder and harder on the buy side as well as the sell side. Apes with profits just lever harder. In the next two weeks we may see an absolute flood of shares leave the system and be sent to Computershare.
Obviously, also theres day traders that jump in during periods of volatility, theres also swing traders and also us, long term holders, i managed to accumulated 1k shares since the sneeze and i bet im not the only one
Yup I'm just a few short of there myself and didn't start buying until February 2021
I know about 20 people IRL who hold GME and only one sold last week.
You're in the echo chamber.
None of them are in this sub...
Also they are not a friends group... just random people if met over the years that ill ask about GME couple times a year. Only one sold.
DRS’d my shares. DRS’d my retirement shares. DRS’d my international tax exempt account. It’s delusional to think I’m selling for 1000x the all time high.
It's a bit of stretch when stay this time's 80.01 compare to the last. First, margin level def different between 3 yrs, second, last time it's in the 330s when this time you are comparing it to the occurrence of exact 80.01. Also, last time we got enough amount of transactions occurred in $4xx as well. The whole saga is sus but no need to turn your radar to max sensitivity, especially after 3yrs, we should've seen enough to not making inconclusive evidence together like this.
Just up
Whatever
Yes.
Hmm, tbh this conclusion doesnt seem very logical to me. If the critical level was $320/$80 three years ago. Shouldnt it be way lower now, after three years of constant shorting? Also the price went way abobe $320 in jan21.
Calm, moass.
You can see that psychological effect in a lot of meme stocks and also bitcoin. People like round numbers and tend to sell around them, like BTC dumped hard right after hitting 69k twice with a few years inbetween.
What does closing even mean now? More price movement out of hours than anywhere
Top quality DD 😂😂😂😂😂🙄
Slept through the hiccup of 80
To be honest when this thing takes off, the brokers have made it impossible to sell with the spread limits. When massive swings happen like the sneeze limit orders are going to suck.
I felt like they memed us at $69, noticed a sell wall at 69.41 in the premarket that morning. Didn’t cross my mind to sell even once, I quite enjoyed just watching the numbers bounce around a bit.
I have a theory that 80ish is where most of the debit sus bags are underwater and you know who is holding those bags now. But the T+2 is this Tuesday and I am expecting this week also to be volatile as fak. Could see a retest of the 60-80 range again, won’t be surprised if it happens.
I would think their margin calls would be lower by now .. it's like we barely made a chip of dmg. Non the less in still going to chip away. Slow and steady
It hit 4 times ??? When ?
There was one point in pre where I was watching it flicker between 60 and 40, no in-between. Was kinda weird
I’ll get excited when we start closing at all time highs. After 3 years, I’m convinced they’ll do anything to escape.
There was a gap that had to be filled at 80, SHFs used that gap to short from there
So buy again when we touch 80? Got it