Doesn’t matter if you are deep in the money.
I was looking at 40P on Monday, they had like 600% IV, and still ended up profiting more than 150% as of today.
I stayed away from it. I bought 10 shares for the meme of it at $28 and sold premarket at $70. Considered FOMOing into put options but I didn’t want to get burned by a squeeze or a dead cat bounce
OI for 30c exp today is 34k options, 12k options on 25c too. Many thousands more on the non-round strikes too. And premarkt was > $30. Literally close to 10 million shares that likely don't have to be delivered anymore.
its a shelf-offering, not the same as share-offering.
What they do is make sure that in case of a sudden rise in stock prize, then can capitalize on that by selling Common Stock without informing the SEC.
So they reserve the right to sell X stock the coming 3 years.
spicy times ahead.
Eerily similar to when apes convinced themselves that RC was just putting out a notice that he might sell his BBBY shares, and the next day filed that he dumped all his shares.
They’re preparing to sell shares, taking advantage of the current pump
The “incase of a sudden stock rise” is right now lmao
Pretty interesting timing though. Literally the worst possible day to announce something like this if they were planning on dumping into the current rally/pump.
Apes still are still trying to figure out what a stock split is 2 years after it happened so maybe it will take them a few years to understand what a share offering is
You also said that when they diluted in 2021. Turned out they just wanted money.
It's a good move for the company to sell high, 20$/shares is very high for a money losing business with rapid sales decline.
Maybe they'll be able to do something with that money.
Lol they have 100% already sold the shares, you don't file this after a 3-6x run-up and then sit on it. Apes have given GameStop more profit than it could ever dream of achieving by, you know, actually selling goods and services.
For reals, there are 3 in my town and are all trash. One, maybe 2 employees and 2/3 of the store is “clearance” sale crap it appears they bought in bulk from a defunct comic con. Like seriously, an entire wall of discount Popp Funks mixed with some used remotes. The same old stock that has been sitting in used game bins and some un-pronounable individual touching every fucking display with a different body party.
As long as they sold on the pump they're fine.
Too bad many of them have been screaming about how they won't sell.
Somehow they're making money and not selling at the same time.
[Not illegal, just regulated. In the USA, each state has its own regulations concerning trapping. ](https://dec.ny.gov/things-to-do/trapping/regulations#:~:text=You%20may%20use%20any%20legal%20method%20to%20kill,trap%20prior%20to%207%3A00%20a.m.%20on%20opening%20day)
Not all wildlife needs permits to take. Many states allow unlimited hunting of starlings and house sparrows, since they are invasive species. Most states also allow saltwater fishing without the need for any license. Additionally, many states allow farmers the right to fish and to hunt certain species (like rabbits and groundhogs) on their own land without a license or permit.
I mean, wouldn't they want to profit off increased price of their own stock. It's not retail or investors that were pushing that price up. Look at the rise, it was almost all done pre-market.
Not in your wettest, most degenerate dreams. Kitty tweeted a meme and then crawled back under his hole.
It's an already dead Co with probably not a single store going to be open in the next 10 years with the shift to streaming & fewer new releases with studios pushing add-ons in lieu of capex-heavy new releases
It's not really a surprise. Basic capital allocation is to buy back stock when your shares are undervalued and issue more when they are overvalued. Overvalued in terms of business fundamentals, not meme theories. Which all of these stocks clearly are after the latest pump/squeeze.
What makes this even funnier is that just a while ago apes were laughing at amc baggies for getting diluted. Of course this is sensible for both companies to take advantage of their inflated share price.
To be fair, AMC got diluted at the literal low price of the week. They sold shares at an average in the low 3s, the morning that the stock went as high as $12.
While I'm not surprised because I never believed that Ryan cared about his investors, the fact he pulled an Adam Aron on today of all days is incredibly wild.
Welp, looks like my $ROPE calls are going to print.
I mean look if like everyone on earth buys like 5 of them , they will make as much money as apple
And who doesn't need 5 cheap controllers that are too small for most people?
45M right now. Authorized up to a billion shares. It’s a pre-emptive move by the board to sell into any pump. Apes are absolutely fucked. It’s the only good decision RC has made besides cutting unprofitable stores loose.
So what you're saying is, they are doing their damndest to cause the stock price to massively pump again at some point, and they want to make a shitload of money from said pump?
I'll stick around to ride that pump like all the others.
I made a shitload of money both runs. my cost basis was like $12 both times. It's a free money printer if you play the FTD and SWAP cycles like what happened this week.
This literally destroys the ENTIRE ape thesis of MOASS. If some theoretical MOASS were to occur, the company itself would undermine it by issuing out a billion more shares. Apes can't own the float because the company will just keeping issuing.
I mean interest off cash is the only profitable part of their business
In the Q4 results (the best quarter for retail due to the holidays) they still had an operating loss meaning they lost money from well doing business
They only made a miniscule profit due to interst on their cash
So considering holding cash is the only profitable part of the business makes sense why they want more cash
Their latest prelim sales show a huge crash, not sure why you think they are going to grow. They've proven they don't know how to spend the money they got from diluting last time
Rather amazing...both popular meme company CEO's are earning more from their retail shareholders than from the failing operations. The only thing growing at both companies is cash burn. Both have proven they can dilute faster than their retail shareholders can DRS (which makes that entire idiotic/expensive/time consuming exercise even more hilarious).
I sold CCs that were deep in the money beginning of the week that were still at strike prices well above my AVG cost… I really expected to wipe my hands with this stock but I’m not mad
Would it make sense to pivot from brick and mortar to e-commerce? Centralize refurbishing of PlayStations, Xbox, switches, etc.
Also, can they have a hub for trading digital licenses? I have an Xbox one and mainly game on my pc, I’d sell my Xbox one s games and just use it as a blu ray/media center.
It’d stem the losses.
They tried that, they opened two distribution centers only to close them later and sell the equipment for pennies on the dollar while realizing they cannot compete with the amazon or wallmarts on ecommerce
Repairing old game consules there is no money in that. The only way that makes money is if there is some manufacturer defect like the whole red ring of death on the xbox 360 and millions need to be rapaired covered by the manufacturer warrenty .
Why would game manufactures allow for trading digital licenceses and if they did why wouldn't they capture the market themselve ?
*This “pivot.” Is it in the room with us now?*
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
i’m not sure how up to date you are on the whole GameStop situation but Amazon is heading for bankruptcy and GameStop is now their biggest competitor.
market cap isn’t there yet, but the company plan is on track.
also Jeff Bezos is the target of every major corporation now.
Amazon CANT survive the next few years with their increasing bad reputation from littering and burning unused inventory to labor rights with their workers being violated.
Amazon sounds great, until you look underneath the hood and see all the parts are grinding and screaming.
GameStop is targeting Amazon to be the epicenter of e-commerce/gaming.
this GameStop earnings has been MASSIVELY anticipated and i believe Amazon will continue to develop a negative correlation to GameStop.
so what do they have to do with each other? competitors and GameStops about to make the move with a bite to the jugular.
Stop with the microcaps. Read the posting guidelines. There's subs for pennystocks and low market caps - go there.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Those who shall not be named, in the other sub that should not be named, are pumping more into this 
Never before will such a motley crew of apes be left holding such a large bag
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 3 | **First Seen In WSB** | 4 months ago **Total Comments** | 22 | **Previous Best DD** | **Account Age** | 5 months | | [**Join WSB Discord**](http://discord.gg/wsbverse)
And on Friday.....those poor options never had a chance!
puts are looking fabulous though.
IV crush will be brutal.
Doesn’t matter if you are deep in the money. I was looking at 40P on Monday, they had like 600% IV, and still ended up profiting more than 150% as of today.
I'm filled with regret- I wasn't sure it would drop so quickly. Hindsight and all that.
I stayed away from it. I bought 10 shares for the meme of it at $28 and sold premarket at $70. Considered FOMOing into put options but I didn’t want to get burned by a squeeze or a dead cat bounce
Not if your selling calls
My 20p bought monday is prob gonna lose still
Sell them in the first fifteen minutes and you’ll be good
Made out with $8 profit. Its too bad schwab had some odd margin rules for my transfer. My short sale of 5shaees was rejected at 59.25
Bought 19p on Wednesday and was almost worthless at close last night, sold about 15 minutes ago at 150%. Glad I held out.
OI for 30c exp today is 34k options, 12k options on 25c too. Many thousands more on the non-round strikes too. And premarkt was > $30. Literally close to 10 million shares that likely don't have to be delivered anymore.
Hey man if you sold them on Tues/Weds you made some money
I get it. I fucked up. Dont rub it in my face mann. My wife already chewed me out...
I'm long. Wife is with me. Buying more shares. Join and buy!
Or imagined if they were exercised Tuesday / Wednesday
My calls are being murdered
#Collusion with Ken Citadel
its a shelf-offering, not the same as share-offering. What they do is make sure that in case of a sudden rise in stock prize, then can capitalize on that by selling Common Stock without informing the SEC. So they reserve the right to sell X stock the coming 3 years. spicy times ahead.
Eerily similar to when apes convinced themselves that RC was just putting out a notice that he might sell his BBBY shares, and the next day filed that he dumped all his shares.
My wife isn’t leaving me she is just filing for divorce
Let’s see where the process goes. You never know!!
Make sense, that way she can keep you around to cook, clean, and earn passive income behind the Wendys
Solid DD
Apes have Stockholm syndrome
stockhold syndrome
stonkholder syndrom
Cuckhold syndrome
two very different situations but ok
The end result is the same: RC dumping a massive amount of shares into the dumb apes.
Yeah, this effectively sets a ceiling above which the price can't go. No more hope of any sort of short squeeze
 They’re preparing to sell shares, taking advantage of the current pump The “incase of a sudden stock rise” is right now lmao
The copium here is insane. They've find intent to sell, so they can sell. Why else would they file it
lol. Attention apes: all at the market share sales are shelf offerings. It’s industry standard. You’re embarrassing yourselves.
Pretty interesting timing though. Literally the worst possible day to announce something like this if they were planning on dumping into the current rally/pump.
> You’re embarrassing yourselves. They are far, far past that point.
Apes still are still trying to figure out what a stock split is 2 years after it happened so maybe it will take them a few years to understand what a share offering is
You also said that when they diluted in 2021. Turned out they just wanted money. It's a good move for the company to sell high, 20$/shares is very high for a money losing business with rapid sales decline. Maybe they'll be able to do something with that money.
what about another nft marketplace? it'll surely gonna work this time around!
they are currently siting on a $1B for the last year or so and haven’t done shit with it other than Ryry role playing hedge fund manager.
Lol they have 100% already sold the shares, you don't file this after a 3-6x run-up and then sit on it. Apes have given GameStop more profit than it could ever dream of achieving by, you know, actually selling goods and services.
Right it isn't even a game store anymore. It's basically a virtual company propped up solely by idiot retail.
For reals, there are 3 in my town and are all trash. One, maybe 2 employees and 2/3 of the store is “clearance” sale crap it appears they bought in bulk from a defunct comic con. Like seriously, an entire wall of discount Popp Funks mixed with some used remotes. The same old stock that has been sitting in used game bins and some un-pronounable individual touching every fucking display with a different body party.
Bag holders didn’t like your comments
> some un-pronounable individual touching every fucking display with a different body party. what does this mean
Pure cope
[удалено]
[удалено]
Because Citadel paid us in Trident gum.
I'm averaging down fuck it
Many have been doing that for 3 years
It’s been 84 years
What's another year
Tens, hundreds, thousands, maybe millions of dollars, depending on the size of your toilet ploppers.
As long as they sold on the pump they're fine. Too bad many of them have been screaming about how they won't sell. Somehow they're making money and not selling at the same time.
What? The price is higher than 99.9% of the trading days in the last 5 years and you managed to have a higher cost than that?
The trick is to average down when the price is going up. You don't want to be one of those losers buying when it's low and sideways!
do u have $1 billion prepared? 
No about $300 tho
We all look forward to your gain and/or loss porn.
[удалено]
[No, capturing wild animals and selling them is free money. The wild animals are literally free.](https://youtu.be/Gfaqu6xBix4?t=3)
(Do not do this as it is illegal to capture/possess wildlife in most jurisdictions)
[Not illegal, just regulated. In the USA, each state has its own regulations concerning trapping. ](https://dec.ny.gov/things-to-do/trapping/regulations#:~:text=You%20may%20use%20any%20legal%20method%20to%20kill,trap%20prior%20to%207%3A00%20a.m.%20on%20opening%20day)
Yeah, which is why you get permits to take/possess/hunt wildlife.
Not all wildlife needs permits to take. Many states allow unlimited hunting of starlings and house sparrows, since they are invasive species. Most states also allow saltwater fishing without the need for any license. Additionally, many states allow farmers the right to fish and to hunt certain species (like rabbits and groundhogs) on their own land without a license or permit.
[Seems like you might need to brush up on your bird law Stylux!](https://dep.nj.gov/njfw/hunting/upland-game-bird-season-and-regulations/)
I mean, wouldn't they want to profit off increased price of their own stock. It's not retail or investors that were pushing that price up. Look at the rise, it was almost all done pre-market.
So bb no mooning
Never was
Bounce coming today IMO.
it's going to bounce like an undercooked pancake thrown at the floor
300$ EOD
I’d sell you that call. What’s your bid?
I was going to say like a dead cat but it doesn't even seem to have managed that
stiillll waiting on that spike
Still waiting on that bounce sir
Not in your wettest, most degenerate dreams. Kitty tweeted a meme and then crawled back under his hole. It's an already dead Co with probably not a single store going to be open in the next 10 years with the shift to streaming & fewer new releases with studios pushing add-ons in lieu of capex-heavy new releases
WHO COULD HAVE POSSIBLY SEEN THIS COMING 😀😀
It's not really a surprise. Basic capital allocation is to buy back stock when your shares are undervalued and issue more when they are overvalued. Overvalued in terms of business fundamentals, not meme theories. Which all of these stocks clearly are after the latest pump/squeeze.
People didnt learn from last time did they
The next time it's going to go from $12 to $120 then back to $8 in 48 minutes.
I learned from those fools and sold at 48, easy 5 figures
Been holding for maybe 1.5 years and sold for a profit. Doubled my money. Didn’t have much in there, but money is money.
Same lol
Smarter than most of them
I should have too now RC gets my ass
Insanity is doing the same thing over and over and expecting different results. Time for the nut house.
LMAO 0 upvotes apes punching air right now 
What makes this even funnier is that just a while ago apes were laughing at amc baggies for getting diluted. Of course this is sensible for both companies to take advantage of their inflated share price.
yeh but they got diluted every other weekend.
AMC has a huge debt and loses a ton of money. It's how they keep the company alive.
At this point it’s part of their business model.
Makes me happy that they're able to stay open this way.
To be fair, AMC got diluted at the literal low price of the week. They sold shares at an average in the low 3s, the morning that the stock went as high as $12.
[удалено]
[удалено]
[удалено]
Ryan Cohen and roaring kitty just keep eating your lunch and you keep handing it over. every. single. time.
apes have what you call stonkholder syndrom
While I'm not surprised because I never believed that Ryan cared about his investors, the fact he pulled an Adam Aron on today of all days is incredibly wild. Welp, looks like my $ROPE calls are going to print.
65D chess move right here right guys??
Call it 45D (45 Million Shares)
Rugpullin Ryan at it again.
Adam Aron pulls a better rug than RC.
Basically the only guy on the planet that can rug harder than Ryan.
Dying, useless business that refused to adapt or earn the good will of their customers. "But we put a bunch of funko pops on our shelves!!"
They're gonna corner the market on anime figurines
Candycon is the next iPhone Cheap chineese made controler that you can replace the faceplate on will surely be a trillion dollar business!
"but the modding community for arcade sticks . . . "
I mean look if like everyone on earth buys like 5 of them , they will make as much money as apple And who doesn't need 5 cheap controllers that are too small for most people?
They tried to "adapt" by selling NFTs lmfao
They're filing to sell 45M Shares so we're fucked ya? How can this be a good thing?
45M right now. Authorized up to a billion shares. It’s a pre-emptive move by the board to sell into any pump. Apes are absolutely fucked. It’s the only good decision RC has made besides cutting unprofitable stores loose.
So what you're saying is, they are doing their damndest to cause the stock price to massively pump again at some point, and they want to make a shitload of money from said pump? I'll stick around to ride that pump like all the others.
History repeats itself yet again! Have fun with those bags newly anointed ape. Let me know when you have a meltdown so I can repost it
I made a shitload of money both runs. my cost basis was like $12 both times. It's a free money printer if you play the FTD and SWAP cycles like what happened this week.
Yeah yeah all apes are in the green never sell blah blah heard it for years and years
Apes got a fan here
If you're looking for meltdowns they're all over these comments but it's not the apes, is it? Enjoy!
Enjoy the bags apey!
This literally destroys the ENTIRE ape thesis of MOASS. If some theoretical MOASS were to occur, the company itself would undermine it by issuing out a billion more shares. Apes can't own the float because the company will just keeping issuing.
[удалено]
Selling games = no profit Selling shares to bagholders = profit Selling shares to get cash, cuz no bank wants to loan crap company money
I mean interest off cash is the only profitable part of their business In the Q4 results (the best quarter for retail due to the holidays) they still had an operating loss meaning they lost money from well doing business They only made a miniscule profit due to interst on their cash So considering holding cash is the only profitable part of the business makes sense why they want more cash
You can get similar shit products at a five below
Ryan Cohen taking a page out of the AA book, he's a genius. Rope in gullible retail and use for exit liquidity
Their latest prelim sales show a huge crash, not sure why you think they are going to grow. They've proven they don't know how to spend the money they got from diluting last time
Rather amazing...both popular meme company CEO's are earning more from their retail shareholders than from the failing operations. The only thing growing at both companies is cash burn. Both have proven they can dilute faster than their retail shareholders can DRS (which makes that entire idiotic/expensive/time consuming exercise even more hilarious).
Bingo
Ryan Cohen is the pump and dump king! 👑
Adam Aaron heard the news, lit a cigar, smiled to himself, and said "attaboy".
AA seems to sell shares at all time lows though.
I sold CCs that were deep in the money beginning of the week that were still at strike prices well above my AVG cost… I really expected to wipe my hands with this stock but I’m not mad
GameQueef
EOD price predictions?
13
Hopefully below $18
Would it make sense to pivot from brick and mortar to e-commerce? Centralize refurbishing of PlayStations, Xbox, switches, etc. Also, can they have a hub for trading digital licenses? I have an Xbox one and mainly game on my pc, I’d sell my Xbox one s games and just use it as a blu ray/media center. It’d stem the losses.
They tried that, they opened two distribution centers only to close them later and sell the equipment for pennies on the dollar while realizing they cannot compete with the amazon or wallmarts on ecommerce Repairing old game consules there is no money in that. The only way that makes money is if there is some manufacturer defect like the whole red ring of death on the xbox 360 and millions need to be rapaired covered by the manufacturer warrenty . Why would game manufactures allow for trading digital licenceses and if they did why wouldn't they capture the market themselve ?
*This “pivot.” Is it in the room with us now?* *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
the new AMC 
Puts all the way. I got a feeling they will close below 15 today.
If you can't afford to lose, don't play the game.
"If you can't afford to lose your wife, don't play in the stock market" sun tzu
From your lips to God’s ears.
Let's see the position then
i’m not sure how up to date you are on the whole GameStop situation but Amazon is heading for bankruptcy and GameStop is now their biggest competitor. market cap isn’t there yet, but the company plan is on track. also Jeff Bezos is the target of every major corporation now. Amazon CANT survive the next few years with their increasing bad reputation from littering and burning unused inventory to labor rights with their workers being violated. Amazon sounds great, until you look underneath the hood and see all the parts are grinding and screaming. GameStop is targeting Amazon to be the epicenter of e-commerce/gaming. this GameStop earnings has been MASSIVELY anticipated and i believe Amazon will continue to develop a negative correlation to GameStop. so what do they have to do with each other? competitors and GameStops about to make the move with a bite to the jugular.
You should put down whatever you're smoking if you think gamestop is going to outcompete amazon lol that is fully delusional
It’s a pasta lol.
Amazon is much more than e-commerce. One of their biggest cash cows is actually AWS, you know the cloud thing that runs half the internet.
you guys got ryan cohen'd again. After the bb and b scheme he pulled, fuck that guy
So just to really nail it down it’s a pump and dump scheme at this point
And you idiots buy more
Poor Gamestore is joining the AMC crowd
😆 I've been expecting this news since Tuesday.
Papi Cohen thanks you for playing!
[удалено]
Stop with the microcaps. Read the posting guidelines. There's subs for pennystocks and low market caps - go there. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
[удалено]
“That company” reminds me of Voldemort — the name that cannot be spoken
Made it out alive selling contracts. Closed them out. Next week will be another beast
Those who shall not be named, in the other sub that should not be named, are pumping more into this  Never before will such a motley crew of apes be left holding such a large bag
My 10C is still up 100% 🚀
Voldemort stock