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  1. W

    GME Shenanigans Massive June call position

    They sold right before the massive rally :) What's the GME lockout period? The total number of days between Sunday, April 25th, 2021 and Monday, June 7th, 2021 is 43 days. 2024-04-25 Moore Daniel William (PFO and PAO) sold 7,779 shares of 'Class A Common Stock' (GME) for $79,363 $10.20...
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    Reverse Splits risk and Value investing

    ARVL had a 50:1 reverse split so from what I can tell it was at .18 so it opened at $9 post split and is currently trading at .49 a year later. So if you had 100k shares @.18 = 18k Now you would have 2000 shares @ .49 = $980! You would need this to x20 to break even now versus if it x20 without...
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    Reverse Splits risk and Value investing

    Lets use GME as an example. It was trading @ $3, and you load up with 50k shares. Then they do a 5:1 reverse split so you now have 10k shares @ $15. If your price target was $30 in a few years (forget the meme movement) then your position would be worth 300k. Without the split your position...
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    GME Shenanigans Massive June call position

    That shareholders meeting was so downbeat like they couldn't wait to get it over with. They should have thrown a Vegas party with the 4 Billion they were gifted from the Meme movement. I'm assuming after that rug pull that RK had to exercise his options to avoid realizing a loss. Question now...
  5. W

    Where, who, what is Dest?

    Ask poopy to explain parity.
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    GME Shenanigans Massive June call position

    Outstanding shares are 466M and the float is 277M roughly...so who owns the 149M leftover? I mean when they buy back shares those shares just get deducted from the float, so they can't turn around and sell calls against them? Funds short shares that don't exist all the time. :)
  7. W

    GME Shenanigans Massive June call position

    What if GameStop sold covered calls against all the companies (149M) shares? If they sold 1.49M 125 strike call contracts for .04 they would profit 5.9M in premium every week...they could distribute this among the shareholders like those covered call ETFS. I think that would be about .07 cents...
  8. W

    GME Shenanigans Massive June call position

    So everyone was wondering where he made the 150M since the last cycle where he was at 50M? If he sold the Friday covered atm call ($2.50) he would bank about 22.5M in 3 days. 22.5M/3*20=150M in a month. :)
  9. W

    A 10% drop in the S&p would literally bring it back to April 2024 lows!!!!!

    If you go by the C&H target calculations this pattern is pretty much complete. Anyway, this could keep going but you wouldn't find me buying up here. This wouldn't even get my attention until $323. Look guys, interest rates raised 4 times, and spy just continued on up. That goes against...
  10. W

    A 10% drop in the S&p would literally bring it back to April 2024 lows!!!!!

    I told you guys where this was going like 4 months ago and here we are today. There is absolutely nothing unusual going on... price is just going where it needs to go.
  11. W

    A 10% drop in the S&p would literally bring it back to April 2024 lows!!!!!

    So everybody's just going to ignore that I nailed it once again? Don't you guys get tired of me being right? :) Don't you get tired of all the analyzing you do that ends up amounting to nothing?
  12. W

    A 10% drop in the S&p would literally bring it back to April 2024 lows!!!!!

    There was some topic a while back about how spy trading at $450 was acting irrational because it had no pullbacks...and I said it was totally normal, and we could easily see $550. Well here we are. I'll find the screenshot I posted of this C&H setting up later if I can find it. Target. The...
  13. W

    GME Shenanigans Massive June call position

    Some lady representing an investors group was talking about diversity lol.
  14. W

    Rejected limit order

    I could be wrong on the %. I just tried it again and it let me put a limit order @ $40. Maybe last time it was an outside RTH order. Anyway works now...I will screenshot it if happens again.
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    GME Shenanigans Massive June call position

    Anybody have a link to the meeting? https://apps.computershare.com/MeetingsShareholderWeb/Home?Code=MT244SG&Invitation=&Locale=en
  16. W

    GME Shenanigans Massive June call position

    I don't know. I was looking at those too and chalked it up to yolo bets.
  17. W

    Algo & Quant traders

    No not necessarily. If wave C = 161.8% of wave A, wave C can be a wave 3 of a 5 waves impulse. You will not know until the level is broken.
  18. W

    Let's be real here , what if the markets were doing the complete opposite!

    Don't they have an adj EPS to discount buybacks used to cover up bad performance?
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    Rejected limit order

    I tried to put a limit order for GME @ $40 the other day when price was only $28ish, and IBKR rejected the trade saying that limit orders have to be within 3% of the market value or something. Is this restriction in place to keep my shares available to lend out to shorts? Afaik if there is an...
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