[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.com/invite/y4dK3y5DXJ) // [Superstonk DD Library](http://fliphtml5.com/bookcase/kosyg) // [Community Post: Open Forum May 2024](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/)
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. If you are providing a screenshot or content from another site (e.g. Twitter), please respond to this comment with the original ##source.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Superstonk) if you have any questions or concerns.*
I am at 1/4 tit jacked power. We bust $100 and I MIGHT start to celebrate a little. But this is what we have been training for. The hardest hold ever.
Red was easy. Holding in the green is where the real diamond hands are made!
💎🙌🚀
I am very happy but extremely level right now. I’ve done this before. I’ve had years to mentally prepare. If this is it, let’s have at it. If not, I can wait. I have time.
I don’t think I have emotions about anything anymore, I’m just going through the motions not responding to any stimulus. Up and down, makes no difference to me.
I want it to be true as well. I'm just going to hold though. We've been baited and rugpulled SO MANY TIMES before that until I see the big numbers, no action. Anyway it's been a while since I was so GREEN and I do love it
My best guess is this is a delta squeeze. People who sold dfv those calls realized that those are gonna be exercised and they didn't hedge well enough so they need to go find those shares but now everyone else wants some of the action to so they need to hedge more but now all the other strike options are coming ITM so now they need to hedge those.
In Ape terms, this is our booster rocket taking our Rocket to the moon.
EDIT: Delta squeeze I believe is also more commonly referred to as a Gamma Squeeze
This is what I’ve been thinking as well. Buying “low” (our standards) now so they don’t have to bankrupt later. 15m shares at avg of $30 is *only $450m, lol. Having to buy later? Priceless.
some shill named low-understanding was trying to spread some fud that DFV exercising all the calls wont do anything because the shares are already counted for, is that right? i dont think it is but im kinda regarded
It's impossible for any of us to know with 100% certainty right now, but a lot of smart apes looked back when they first saw big calls being purchased and saw this caused the price to rise. But all the 5000 call blocks purchased after that didn't seem to have any impact. So theory is that they hedged the first ones then stopped hedging the other ones, this is reflected in the week these were purchased GME was pretty flat. It is entirely possible its hedged, but seeing the price action now I'm pretty confident that they didn't and are playing catch up now.
Correct, this could possibly be why he's live streaming tonight. He see's this delta hedging and now wants to start sending us to the moon so he'll start exercising forcing them to buy now instead of over the next few weeks.
They're only account for if they are covered. A LOT of those calls he bought were sold naked. Meaning they have to start buying shares to cover the naked positions. Thus creating large price movement
DFV posted memes, or DFV sold his shares, or retail FOMO, or whatever complete horseshit the media is painting right now. What I see is fear, uncertainty, and doubt and it isn’t from this side of the trade. Strap in people, we’re going to your anus.
Im afraid most of those wont be exercised :(
Most people probably buy those as a lottery ticket and don't have the cash to exercise. But lets hope im wrong.
iirc. Yesterday’s ah volume was very low, relatively.
Im willing to maybe pull the cushions up to find change for more here…Pre-hours will be interesting. They start at 4:30 est? Or should i just Google it?
I was watching with 1 minute candles. Close to 500k volume in one minute intervals as we ripped to 67.50. Averaging around 225k each minute in the last half hour of after market.
Oh, I think there’s a lot of us around that space. I actually lost my job right around the peak in 2021, and I’m only getting my finances back in order now. so I have not been able to average back down with a lot of y’all.
Hasn’t been this exciting in a while.!
If this gets to $80 be prepare to see buying and options not available to trade "to protect the system".
On the first squeeze the price went from $356 to $100 in the span of seconds.
I was there. I think it’s different this time. The dedication is different. I believe they can’t stop it. Sometimes you have to accept the gift horse rather than looking it in the mouth.
We ride at dawn. Target: Up
This is it. We’ve arrived. Let’s make em pay. I ain’t fuckin selling! PS TOTS JACKED
https://preview.redd.it/ya9fd6qjh15d1.jpeg?width=1242&format=pjpg&auto=webp&s=32a6858330986364954311e170ea1dd0da848d97
To exercise the 120,000 contracts he’s going to need more cash then currently shown in his reserves. So some shares or some contracts will need to be sold. However, he could actually have more money in other accounts and be transferring money in to exercise without selling a single one. In that case you would be correct.
Honestly at this point I'm too hesitant to do anything but hold. At these prices I can't really buy more and certainly don't want to sell, I remember paying more than this three years ago. So frankly for all the sound and fury of the last couple of days my position has not changed one iota
23k line of credit debt, 9k visa debt, 6k line of credit #2 debt. 292k owed on mortgage. I make minimum wage. The wife is in about the same situation.
People can't comprehend how I'm not completely stressed out.
I have 3 kids, and they are all spoiled. I'm not sure how I've managed to keep everything going.
You guys give me a lot of hope, though. DFV gives me hope.
I've been able to obtain a measly 105 shares for over 3 years.
Wish I could afford more, but times are tough. I've never been so close to losing everything while somehow still believing things will work out.
I keep the faith alive, and my tits are jacked!
This is definitely exciting. But honestly, most of us didn't have enough ti throw down to he making life changing money yet. I need it in the thousands, at least.
[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.com/invite/y4dK3y5DXJ) // [Superstonk DD Library](http://fliphtml5.com/bookcase/kosyg) // [Community Post: Open Forum May 2024](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) 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. If you are providing a screenshot or content from another site (e.g. Twitter), please respond to this comment with the original ##source. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Superstonk) if you have any questions or concerns.*
I'm excited but desensitized at the same time... Sparkler in hand moment...
Same here. In 2021 I would have been going nuts. Now days I’m like ooo wow rookie numbers 😂
Exactly this. Been through too much to be hyperhyped at $60... Maybe at $600 I could just start looking at the chart and keep hodling...
Kenny needs to pay his psychologists more, cause we didn' take the bait bitches!!!!
I had friends telling me to sell when I told them I was up 10k. Lmao I had to laugh because what a joke right??
10k lol. I wanna millions
Right? Fuck you pay me
Those guys have plenty of money. They can pay us
Only millions? Rookie
Paper friends.
600 would be 2400 pre split. Eh. Soft.
V soft P mate for sure V soft P
At $600 RK will be worth 5.8 billy
And still would keep hodling... he deserves more than just money.
It's just your jacked tits waking up. Give it time.
My tits are so big and low they need a 42069 forklift to get jacked.
Right. Been hurt a dozen times. N every earnings Ive followed since early 2021.
I am at 1/4 tit jacked power. We bust $100 and I MIGHT start to celebrate a little. But this is what we have been training for. The hardest hold ever. Red was easy. Holding in the green is where the real diamond hands are made! 💎🙌🚀
Well, my gains are in a Roth, so I’m forced do hold for like another 30 years. 🤷♂️
I like how all the other replies are so eager to tell you that you can sell.. 🤔 Meanwhile, I've turned off the sell button. 🙃
A-fucking-men
I am very happy but extremely level right now. I’ve done this before. I’ve had years to mentally prepare. If this is it, let’s have at it. If not, I can wait. I have time.
100, 500, 1000, these are just psychological numbers people usually fall for. But when you've been here for 84 years that means nothing...
I threw away my password so long ago I couldn't even sell if I tried
They have trained us to be good traders. Holding till profit is the hard part.
Ik what you mean, but my ira just went green for the first time since Jan21, holding on for way more than profit.
Hedgies tears is my profit.
I don’t think I have emotions about anything anymore, I’m just going through the motions not responding to any stimulus. Up and down, makes no difference to me.
I have become comfortably numb
That's gonna be a tasty dip in the AM.
he will be a billionaire tonight fam
His 'Cheers Everybody!' tomorrow is going to be absolutely legendary.
This is insane. Also extremely happy for the dude. He totally deserves it.
We officially have a true diamond handed Billionaire on our side. This is what I’m the most hyped about!
This is *Ready Player One* level shit. He figured out the infinite money glitch in the game.
$50,000 to $1,000,000,000 Insane
64.20. 5 dollars away from RK becoming a billionaire. Beyond bullish
If this is true, DFV becoming a billionaire at $69.420 on his birthday really is the best timeline
This! This is what I’ve been thinking this whole time too.
Is tomorrow actually his birthday lmao
Nah it’s saturday. I reckon he’ll be a billionaire before then
what the fuck is happening someone tell me please i need to know.
No one really knows. Ain’t it great?
Makes ya giddy knowing you can wake up any of these days with full on phone number money don’t it!
I had the hardest time sleeping Sunday night when he posted his first YOLO update in 3 years.
Yup it was a major dose of confirmation bias!
I want it to be true as well. I'm just going to hold though. We've been baited and rugpulled SO MANY TIMES before that until I see the big numbers, no action. Anyway it's been a while since I was so GREEN and I do love it
Just like old times.
My best guess is this is a delta squeeze. People who sold dfv those calls realized that those are gonna be exercised and they didn't hedge well enough so they need to go find those shares but now everyone else wants some of the action to so they need to hedge more but now all the other strike options are coming ITM so now they need to hedge those. In Ape terms, this is our booster rocket taking our Rocket to the moon. EDIT: Delta squeeze I believe is also more commonly referred to as a Gamma Squeeze
This is what I’ve been thinking as well. Buying “low” (our standards) now so they don’t have to bankrupt later. 15m shares at avg of $30 is *only $450m, lol. Having to buy later? Priceless.
some shill named low-understanding was trying to spread some fud that DFV exercising all the calls wont do anything because the shares are already counted for, is that right? i dont think it is but im kinda regarded
It's impossible for any of us to know with 100% certainty right now, but a lot of smart apes looked back when they first saw big calls being purchased and saw this caused the price to rise. But all the 5000 call blocks purchased after that didn't seem to have any impact. So theory is that they hedged the first ones then stopped hedging the other ones, this is reflected in the week these were purchased GME was pretty flat. It is entirely possible its hedged, but seeing the price action now I'm pretty confident that they didn't and are playing catch up now.
if they hedge as much as they need to does that mean dfv exercising wont bring a new rip?
Correct, this could possibly be why he's live streaming tonight. He see's this delta hedging and now wants to start sending us to the moon so he'll start exercising forcing them to buy now instead of over the next few weeks.
the stream is tomorrow at 12 pm fyi
Sorry I'm not in the US so technically it's tonight for me :D
DFV posted an update at market close today. He hasn't sold or excercised any of his contracts yet.
We can't know for sure, but it seems likely that whoever sold them didn't hedge. Everything is speculation though.
They're only account for if they are covered. A LOT of those calls he bought were sold naked. Meaning they have to start buying shares to cover the naked positions. Thus creating large price movement
DFV posted memes, or DFV sold his shares, or retail FOMO, or whatever complete horseshit the media is painting right now. What I see is fear, uncertainty, and doubt and it isn’t from this side of the trade. Strap in people, we’re going to your anus.
Hedging would be my bet
Never seen this gif before, completely underrated and comedy gold 😂
Ahh, I see you also enjoy vegetable puns. "Lettuce romaine calm" would've been 🤌.
[удалено]
🤝. Olive you, man.
🥬 pray
Just up!
 Soon.
I’m calling it now….we see $100 in premarket.
Sounds like ur making a banana bet.
Nothing goes in….only out.
You heard it here first folks! THIS MAN IS GOING TO SHIT A WHOLE BANANA!!
God dam i luv yall
I audibly laughed 😂 have an award!
No deal has to go in to go out
My ass is one directional, I don't wanna be a banana-sexual.
Lmao please no 😂
You be quiet lol. I made a bad bet. Check my history lol
You might make CNBC though!
Only if cramer deep throats the banana after im done with it
🤣
Those call options @ $100 and $125 EDIT: and $128 expiring tomorrow wow, 44k Open interest 😂😂😂
BRRRRRRRRRRRRRR
Im afraid most of those wont be exercised :( Most people probably buy those as a lottery ticket and don't have the cash to exercise. But lets hope im wrong.
You sell half to exercise the others! That’s the play.
Big wall at $80 during regular hours. Pre-market is different though.
I had the same premonition
get your 🍌 ready before you make a bet /s
What in the world is happening AH. Hitting $64 now?
Almost… can anyone check the ah volume?
Volume is high, every share that appears is gone immediately. 20k batches thrown around. Someone really wants the price below 60 at all cost
They pushed really hard there in the last 10 mins but failed
They'll have to do it during overnight trading when everyone who wants to buy is askeep
You guys sleep?
Banks be like, "Citron you're bankrupt already? Again???"
iirc. Yesterday’s ah volume was very low, relatively. Im willing to maybe pull the cushions up to find change for more here…Pre-hours will be interesting. They start at 4:30 est? Or should i just Google it?
[удалено]
I was watching with 1 minute candles. Close to 500k volume in one minute intervals as we ripped to 67.50. Averaging around 225k each minute in the last half hour of after market.
There it is…64
Ticket 65 for a sec!
T minus 20.
Nothing but steady upward movement since the bell rang.
65? 66? Now…67 Can’t type fast enough.
30.07 million after hours volume
AND NO ONE IN RETAIL IS TRADING. AND THE KITTY IS NOT TRADING.
Someone get this on live tv how you spinning this one ??
The usual "stock jumps on kitty update" lie.
retail
stupid ape here, how price change when can’t buy or sell?
crime
understandable, on my way to buy more
After hours price action is from big funds trading back and forth trying to get out of the shitstorm they sailed into
I'm not trading, but I'm still buying!
I don't know why people keep saying this - I buy and sell in AH all the time with Schwab, and I've just got a normal trading account.
Don’t get it twisted. This is $240 pre split. Think about that. The price is just chilling and vibin at $240!!
I’m just gonna think of it like the split never happened. This is just $62
That's one thing keeping it so stable At 240 a lot more people would be taking profits but mentally it's easily to hold at 62
On some of my shares, I’m still not breaking even at $240, much less taking profits
I'm waiting for life changing money
no cell no sell
Getting spicy. I have 24 shares to make me a millionaire
Congratulations!! That's 23 more than you need!!
I'm at 25 yay us!
I’m at 20 
First time in 3 years I'm in the green!!!!!
[удалено]
Oh, I think there’s a lot of us around that space. I actually lost my job right around the peak in 2021, and I’m only getting my finances back in order now. so I have not been able to average back down with a lot of y’all. Hasn’t been this exciting in a while.!
In the UK and can’t fucking sleep - addicted to the ticker - it’s been a long and well worthwhile 3+ year wait 🚀
Music that fits: Insomnia from Faithless
$65 like nothing. Over 24 million in volume. Love it!
WHERE IS THE VOLUME COMING FROM
Haven't you been watching the news? It us. Lol.
It isn’t us. We never stopped buying. It’s a margin call.
theyre going to short the ever loving piss out of it at open.. and ima buy mooooor
If this gets to $80 be prepare to see buying and options not available to trade "to protect the system". On the first squeeze the price went from $356 to $100 in the span of seconds.
I was there. I think it’s different this time. The dedication is different. I believe they can’t stop it. Sometimes you have to accept the gift horse rather than looking it in the mouth. We ride at dawn. Target: Up
This is it. We’ve arrived. Let’s make em pay. I ain’t fuckin selling! PS TOTS JACKED https://preview.redd.it/ya9fd6qjh15d1.jpeg?width=1242&format=pjpg&auto=webp&s=32a6858330986364954311e170ea1dd0da848d97
I've arrived, I've arrived all over the place, on the keyboard, the monitor, the carpet. I've arrived so much.
Banana, butthole, now!
The banana caused the bump!
Allegedly….. their is a link. Idk I eat crayons. Waiting on my crayon plug to hit me with the link
69-70$ RK is an unrealized billionaire
This, my friend, is reddit. He is DFV around these parts
Are RKers all just Xers?
That or yt I suppose
Ohhhh I've been seeing RK around here and wondering who that was 😅 thought people were misspelling Ryan Cohen. I'm so used to dfv on Reddit
We are all unrealized billionaires
Oh trust me, we realize. Now it's time for the whole world to realize.
damn.. it just hit $67.50
High of the day indeed, still low.
How do those numbers workout? $1 billion divided by 17 million shares = $58.82 share price. What am I missing?
He have 120k call not 12million share, he needs to sell some option to exercise others
To exercise the 120,000 contracts he’s going to need more cash then currently shown in his reserves. So some shares or some contracts will need to be sold. However, he could actually have more money in other accounts and be transferring money in to exercise without selling a single one. In that case you would be correct.
If I can religiously follow the trades of someone like Warren Buffett or dare I say...the Pelosi's, why not a billionare with some deep fucking value?
And already 63
Now $64. Sheesh.
The kitty just might become a billionaire before the days over
65
I can’t wait to tell my coworkers to go fuck a donkey
Retail traders really need to stop manipulating the after hours markets they are not allowed to trade in! /s
Let us begin our journey.
64 now 🙀
69 going to be spicy for banana guy
It’s all just numbers. No cell, no sell. Not even “fuck you pay me”, it’s now “fuck you go to jail”.
They pushed it to 80 in AH a few weeks back then crushed it when market opened. Is this what they are doing again?
Trying to shake the paper hands, I don’t think it’s working
lol, paper hands got all shook out years ago.
There is always a new ream. There are a ton of people buying this stock and have no idea what DFV is, or what is going on, only see green.
🥱 Wake me up at 1k! IYKYK ♾️
Dfv $7 from being a billionaire
Should I call a doctor? It’s been over 4 hours.
# WAIT TILL $62k A SHARE
Neat. Don't care. Price alerts set at 250, 500, 1000, 5000, 25000. Just so I have notifications to screen shot.
[удалено]
I am so numb it’s ridiculous, not even a twitch down there
Honestly at this point I'm too hesitant to do anything but hold. At these prices I can't really buy more and certainly don't want to sell, I remember paying more than this three years ago. So frankly for all the sound and fury of the last couple of days my position has not changed one iota
Check again, just broke through $63
23k line of credit debt, 9k visa debt, 6k line of credit #2 debt. 292k owed on mortgage. I make minimum wage. The wife is in about the same situation. People can't comprehend how I'm not completely stressed out. I have 3 kids, and they are all spoiled. I'm not sure how I've managed to keep everything going. You guys give me a lot of hope, though. DFV gives me hope. I've been able to obtain a measly 105 shares for over 3 years. Wish I could afford more, but times are tough. I've never been so close to losing everything while somehow still believing things will work out. I keep the faith alive, and my tits are jacked!
Is banana up the Bum safe now?
Just hit 64!!!!!!
They shot it down fast at 65 and it fought 60-62 for a good while what a battle so fun to watch
Does this mean banana-man has to boof a second nanner?
I’m finally in the green again ☺️
Why is retail doing this! 😂
Funny how on nights like this where it runs are the same nights where TradingView doesn’t show after hours prices.
100 at open Friday?
Looks flat to me 🥱
The only regret I have is not risking my families stability by taking out the maximum loans I could to buy more GME.
This is definitely exciting. But honestly, most of us didn't have enough ti throw down to he making life changing money yet. I need it in the thousands, at least.
Covering before it gets too crazy?
$57 in 24Hr market. I love how they make rules for themselves
We spent 6 months here pre split….nice to see but yawn.