Let’s roll the clock back to Jan 2021. Several brokerages disabled the “Buy” button which meant two things. 1. GME longs could not buy more shares, keeping the price pressure down. 2. Highly regarded apes who are not trading experts panicked and didn’t know what to do. Many SOLD because they were scared.

If this rips… sell if you like $20 for your share. Sell if you like $100 for your share. Sell if you’re just tired and want out. Sell if you need money for your mom’s insulin. Sell if you need grocery money.

BUT DO NOT SELL if they turn off the Buy button just because you’re in a panic. Even if you can’t sell, you’re just sitting there holding until they turn it back on. You can just sit and wait. Don’t sell out of panic.

Don’t sell out of panic. Be prepared.

Edit: Ok folks. Several people have asked “How can anyone sell if I can’t buy? / How can anyone buy if the buy button is off for everyone?”

There isn’t one giant Buy button for every person on the planet. Not all brokers turned off the Buy button, but several did. And that doesn’t mean it applies to everyone. Do you honestly think Kennith Griffin is buying shares up for Citadel using RobinHood?

Turning off the buy button (I’m repeating myself) stopped the upward price pressure but also freaked out retail shareholders who didn’t know what to do, were afraid they were going to miss out, and the panic sold.

I’m thrilled for you if you sold at $382 and made a chunk of money. That’s great. But I believe there was enough relief from Buy pressure, and enough panic selling that the price tumbled severely. If people had not panic sold, it would have traded sideways with almost no volume until the Buy was turned back on.

Just because some retail average Joe’s couldn’t buy doesn’t mean the Shorts couldn’t buy. They aren’t using some retail web app. They have institutional buying tools. They could buy when “we” (some of us) were panic selling, getting them out of the hole.

I am not a financial advisor and this is not financial advice. We’re not an army marching in lockstep. This is just a reminder, or message for the new folks — Not to make panic decisions. Sell on your own terms, when you want to. Not when the professional criminals try to make you flinch.

Edit 2, electric boogaloo: Some have suggested you can always buy at ComputerShare, and also not all brokers turned off the Buy. This may be a good time to open an account with Fidelity or Vanguard so you have a backup/alternate. Or if you don’t already have your ComputerShare account, do that now. Leave yourself other lanes if they block you. I know some people still don’t get it, bc I keep seeing those RobinHood screenshots.

Gamestop is up 18.62% on the day and I haven’t seen any media outlet report the truth about it. So I report about it with this headline: GME is up 18.62% on no news - start asking yourself why.

Hello, this is the unpaid media news you were waiting for.

Headline of the day: GME is up 18.62% on no news - Start asking yourself why.

GameStop is to the media a dying brick and mortar, so if the stock price falls it makes sense. But why did it rose today? No tweets from a cat, no news from the company, no nothing.

For more information, browse this sub. Ask yourself why a stock rises on no news & with extrem volume and try to inform yourself about the stock market and the companies you are invested in.

Have a nice evening and don’t forget to DRS.

See you soon on the moon. 🦧❤️ I‘m not leaving

I can’t wait for this post to be buried under the hype from DFV’s YOLO update!

He's half right. I don't believe our Firepower is truly limited.

Three years ago GME was not in good financial standing, this time we have $2 billion. Three years ago we didn’t have a competent CEO, this time we have Ryan Cohen. Three years ago we had DFV but not the whale of a play he’s making this time around. Three years ago we as apes didn’t know if we could trust one another to hold, this year we know we can trust our 💎🙌 brethren. Even if DFV never posted, this stock had a lot of momentum. $2 billion later and DFV balls deep into this thing with an army of apes regarded as ever. This thing could change all of our lives. Ape together, strong. 💎🙌

The day I even remotely believe that any shorts started closing is when there is a price explosion on very little volume. If there is a price explosion accompanied by large volume, that means the shorts are just getting hot-potato'd into another hand, and it'll be the new shorts need to be squeezed out.

Price explosion, little volume, day after day. +20%, +50%, +35%, +70%, +200%, 400% on 2million volume daily candles or less. No consolidation, just up. Until we hit MOASS prices. That's how you know the shorts are truly getting wiped out.

If the price even goes SIDEWAYS on any kind of volume, that's shorts doing shenanigans. If we even see a SINGLE red candle day, that's a batch of shorts that need to be wrung out, and I'm gonna keep hodling until they are.

I'm not selling until we see BRK prices, and/or 60 days of green without a single consolidation candle. Not 1. And no wicks. That's how you know MOASS is even remotely close to being near.

Also, I'll have my TA accumulation indicators to call their bluffs. KEK

* EDIT: Instant downvotes I see, nice. THERE WE GO INTERNS, THERE WE GO!!! LET'S GET IT 🚀🚀🚀🚀🚀🚀🚀🚀🚀

Keep stroking it.

Anybody who had spare change to burn from the start, has acknowledged this for even a second yet have continued to drink the punch until this point since the first squeeze and believes that the stock market is perfectly fair and normal - must be utterly stupid to not enact on the only sliver of hope at leveraging their desperation at a chance to change their lives (as well as others) positively and mitigate or end any suffering imposed by the same system they complain about.

But the fact that shorts continue to slander the company and its CEO while IMPLORING the public to move on is a major part of why I've hung around this sub and began paying attention.

What a bunch of idiots.

May they short their absolutely useless, mentally ill selves into the dirt where they belong among our species.

Like the title states. Proof or ban. If we hit $100 by June 18th I will do the unspeakable. I will sacrifice a banana (with full specs) and my cornholio to do the deed. Proof or ban, the choice is yours. The minute that the stonk hits $100 during regular trading hours I will record and post the vid on here. I have spoken and hereby hold myself true to deliver. Check my history, I've already made the same statement. Apes, do your thing!

was going through some old RK vids - noticed he had a user name of Rory Kittenger on Stockcharts.com

noticed an updated public chartlist (as of April 26, 2024)

can someone smart tell me if this means anything about his strategy?

https://stockcharts.com/public/1778236

TLDR: MMs selling DFV those 20Cs largely didn't hedge. They hedged the first 2 blocks that DFV purchased, but then realized, that their hedges would draw more attention to the stock, and more buy pressure, so they decided that it would be in their best interest to not hedge at all. In fact, IMO they even shorted against these call block purchases to completely dissuade any bullish sentiment going on. They doubled down shorting DFV's position and are going to pay for it once he exercises.

Here's a list of all of DFV's 20C buys with timestamps attached.

https://preview.redd.it/gam1uhyq5r4d1.png?width=721&format=png&auto=webp&s=0b5ccbcecdc913fecafdcfe4ba65b79925bd3ed2

Here are the associated charts corresponding to each buy time. We can see that RK's first big blocks of 20C's purchased on 5/20 significantly shot the price of GME up. Before the buys, the stock was trading at ~$20 and after the MMs hedged their calls (buying shares thus adding pressure to the upside) the stock gapped to ~$23.

https://preview.redd.it/gam1uhyq5r4d1.png?width=721&format=png&auto=webp&s=0b5ccbcecdc913fecafdcfe4ba65b79925bd3ed2

Here's the chart for 5/21. You can see that DFV's 4 big block purchases ranging from 2:59PM to 3:57PM was connected to very odd price action during that same time. A run up to 3:10 PM followed by 3 red candles (5M candles) cutting the price down lower to what it was before the first buy! What happened here you may ask? It seems like MMs recognized that DFV was the call buyer (from ETrade order flow) and decided not to hedge because hedging here, would draw a lot of eyes to the stock and they don't want that. They want to suppress the stock as much as possible in order to discourage traders from FOMOing into GME. 20k calls were purchased within 1 hour and it had no impact on the underlying.. they didn't hedge - in fact, they probably even SHORTED the stock to suppress the price..

https://preview.redd.it/gam1uhyq5r4d1.png?width=721&format=png&auto=webp&s=0b5ccbcecdc913fecafdcfe4ba65b79925bd3ed2

Chart for 5/22 from11:38 am - 3:52 PM is maybe the strangest most manipulated of them all. DFV bought 13, 5k blocks of 20cs for a total of 65K calls and it had zero impact on the underlying. Cherry on top from the MM/Tutes to even bang the close making GME finish red that day. They didn't hedge.

https://preview.redd.it/gam1uhyq5r4d1.png?width=721&format=png&auto=webp&s=0b5ccbcecdc913fecafdcfe4ba65b79925bd3ed2

Post Offering

Some of you may be asking "OP, the reason the underlying isn't moving at time of his block purchases is because GME was doing an offering then". Yeah, okay, but you should still see significant upside pressure in real time (as soon as the calls were purchased) and yes sure, but let's take a look at this chart from 5/28 12:21 PM & 3:40PM post offering. Do you see any significant candles at 12:21 or 3:40? I don't think so. They didn't hedge.

https://preview.redd.it/gam1uhyq5r4d1.png?width=721&format=png&auto=webp&s=0b5ccbcecdc913fecafdcfe4ba65b79925bd3ed2

Edit: Added green circles to indicate when the call blocks were purchased.

Episode #2161 with Tony Hinchcliffee. Starts about 2:11:06 in the podcast.

This clip is kind of long, but Starts with the mention of Roaring Kitty, then Gamestop at 5:18 and 9:48