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I saw a meme of RC, Gill and all the Apes on a rug. Right before Roaring Kitty-Gill pulls the Apes rug, Ryan Cohen yanks them all to the ground! Another 75,000,000 shares on their way, that’s heavy.
GME Shenanigans Massive June call position
- Thread starter FSU
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I saw a meme of RC, Gill and all the Apes on a rug. Right before Roaring Kitty-Gill pulls the Apes rug, Ryan Cohen yanks them all to the ground! Another 75,000,000 shares on their way, that’s heavy.
LOL once again the market proves to be determined. I had drawn in this triangle last night before the run up to $60 ah...I was confused by the run up not being congruent with the TA, was going to need a big ass wick to validate, but then realized the ER incoming lol. TA was literally telgraphing that ER would miss bad...and now they are releasing shares on top of it. Two catalysts necessary to bring price back into the triangle.
btw the apex should bring us to about June24 which is T+34? (opex tailwind)
Richard is so close to solving the puzzle! But instead of using TA, he is using event footprints.
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How does massive dilution enable a short squeeze? Reddit SuperStonk Apes believe doubling share count is Ryan’s plan to destroy the shorts. I don’t get it.
Yeah but didn't they buy back a bunch of shares last year? So all they are really doing is selling them back again for a profit.
They have bought nothing, where did you hear that?
https://www.shacknews.com/article/139291/gamestop-gme-101-3-buyback-authorized
"On March 4, 2019, our Board of Directors approved a share repurchase authorization allowing us to repurchase up to $300.0 million of our Class A Common Stock. The authorization has no expiration date.
We did not repurchase shares during fiscal 2023, fiscal 2022 or fiscal 2021. As of February 3, 2024, we have $101.3 million remaining under the repurchase authorization."
They got authorized to but didn't as of yet. Missed opportunity!
It trades this way, third one. I should have stuck with my ARM $140 thesis.
A halt should be relative to the volatility.
"Single Stock Trading Pause in Effect
Trading has been paused by NASDAQ due to a 10% or more price move in the security in a five-minute period."
Somebody tell these guys price is just going to complete triangle...let it go ffs.
I have the $40-+ puts, down halt.