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A picture of a short squeeze in progress...

plata_oro

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When Robinhood double-crossed its members, they started leaving bad reviews, so Google stepped in...https://nypost.com/2021/01/29/google-deletes-thousands-of-negative-robinhood-app-reviews/
We who have purchased physical over the past decade or so are used to Wall St. lies. These Robinhood kids are just now starting to figure it out. TPTB be have to maintain the false narrative as long as possible, but you can only patch the dike up so much until the flood waters make their way through...
 

plata_oro

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OK — GSR startin to get down where it belongs.
keep on truckin

swap time comin

BF


I am waiting until it's in the 30's. I will be keeping my ASE's, however generics and junk will be fair game. I might even trade it for platinum this time depending on where spot is relative to gold.
 

Voodoo

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Meanwhile, S&P futures going the other way.

Excellent as im long gme and miners as well as qqq puts. Also short the pos known as AutoZone.
 

gringott

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I am waiting until it's in the 30's. I will be keeping my ASE's, however generics and junk will be fair game. I might even trade it for platinum this time depending on where spot is relative to gold.

I like how you think.
 

Uglytruth

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Anyone think about industrial use going up with dumb ** green solar dream being mandated?

Maybe a big step up even when it is stable?
 

Buck

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some of ya are counting the chickens already i see

:blond:
 

<SLV>

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Prediction: When GME goes nuclear Congress will be compelled to author "stock control" legislation to protect amateur traders from themselves. They will legislate protection for the banks and hedge funds guaranteeing they alone will be able to game the system. And it will be for our own good, of course.
 

specsaregood

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Prediction: When GME goes nuclear
I dont think it will. I think the exchange will halt trading of it, and force liquidation at the closing price friday; LIFO until all shorts are covered.
 

Cigarlover

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Prediction: When GME goes nuclear Congress will be compelled to author "stock control" legislation to protect amateur traders from themselves. They will legislate protection for the banks and hedge funds guaranteeing they alone will be able to game the system. And it will be for our own good, of course.
might be why they want a wall built around dc.
 

Fatrat

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ABC123

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Gamestop taking a huge hit this morning.

Buy opportunity?
 

anywoundedduck

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Gamestop taking a huge hit this morning.

Buy opportunity?
It might be. From the scuttlebutt at the Reddit boards, some are cashing in and rolling their profits into silver.
I saw conversation that silver was their end goal, all along, because of silvers huge short. These guys are serious, and are armed with lots of cash. I got my fingers crossed.
 

hammerhead

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It might be. From the scuttlebutt at the Reddit boards, some are cashing in and rolling their profits into silver.
I saw conversation that silver was their end goal, all along, because of silvers huge short. These guys are serious, and are armed with lots of cash. I got my fingers crossed.
So they burn and pillage one area and use the proceeds to conquer the next.
 

<SLV>

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Gamestop taking a huge hit this morning.

Buy opportunity?
I read that the short position on GME was severely reduced and thereby taking pressure off the squeeze. Theoretically this means that shares were sold equal in number to shorts that purchased. Theoretically.
 

anywoundedduck

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the_shootist

Checked out! Good luck!
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I think it's becoming like a Space X rocket...goes up, comes down, stops, goes sideways then explodes.

Hoping I'm wrong...to the moon, Alice..whack...zoom!!
I'm hoping you're wtong too!
 

Ebie

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I read that the short position on GME was severely reduced and thereby taking pressure off the squeeze. Theoretically this means that shares were sold equal in number to shorts that purchased. Theoretically.
As you imply" "theoretically"
We both know that they can print as many shares as they want.
(And I am not talking about the parent company issuing legal proper shares.)
Just like they can print paper silver--but more so--because they don't have to worry about paper-physical price mismatch.
The companies know that some of the shares circulating are not legitimate shares issued by the company--but they don't do much about it.
Maybe there is not much they can do.
 

Ebie

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....
The companies know that some of the shares circulating are not legitimate shares issued by the company--but they don't do much about it.
Maybe there is not much they can do.
One thing that they could do, is publish their estimate of the # of shares circulating (vs the # of shares issued.)
But they don't do that (generally).
I can only speculate on why...
 

hammerhead

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I think it's becoming like a Space X rocket...goes up, comes down, stops, goes sideways then explodes.

Hoping I'm wrong...to the moon, Alice..whack...zoom!!
I agree with your forecast and I'm thinking it's much ado about nothing.
 

the_shootist

Checked out! Good luck!
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1612199557117.png
 

gringott

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Like when Clinton bought cattle futures. The firm bought both sides, the side that "won" was Hillary's buy, the "losing" side was "somebody else's bet". After the fact.
An early form of "gofundme" and "speech making fees" and "book advance".
 

Ensoniq

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Go long on Mutuals

If you want to gamble the waitresses are prettier in Vegas
 

Buck

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we've seen dollar days before

this all could be for 'something else'...'look over here'

anyone see anything else?...LOL

it IS war
 

gringott

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Mutual of Omaha?
The wild kingdom dudes?
 

Buck

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Buck

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lol

it's like making a cake where the frosting on the top is thicker than the underlying cake

now, add sprinkles and the people will come


:summer:
 

Voodoo

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It's also been noted places that many people were getting "Free" Gamestop stock last year when it was around $5. I had lots of suspicions that they never owned any of the stocks they "gave away". This would also explain how there are extra shares available and why RH needed to raise so much cash.
 

Brio

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Sat aft my fav dealer had abundance of silver today nothing but 10 and 100oz bars. The ETFs can print all they like, when it comes to physical the market decides.
 

anywoundedduck

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Spot silver Friday close- $26.98
Spot silver Today's close- $28.55

View attachment 200607
Whoopdeedoo.
Love the dips cause we are buying more on the dips.
The paper spot price will soon be meaningless as the real price at the dealers is the only one that counts.
One ounce silver eagles are $45 at the silver store. The CRIMEX price will soon go to zero, as the CRIMEX becomes defunct.
Whoopdeedoo.
 

Brio

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I'm reading rumors the phyzz move is real, just WSB removed all the threads thinking it was the hedgies trying to divert funds from GME.
It makes sense to me. I don't believe though that the shorts were reduced on GME, only group that benefits is the hedgies. I call BS on that.
 

Lancers32

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I'm reading rumors the phyzz move is real, just WSB removed all the threads thinking it was the hedgies trying to divert funds from GME.
It makes sense to me. I don't believe though that the shorts were reduced on GME, only group that benefits is the hedgies. I call BS on that.

Lot of the buying was from other hedge funds.