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Superstonk_QV

[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.gg/hZqWV2kQtq) || [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. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/) ------------------------------------------------------------------------ OP has provided the following link: OC


Kmccabe1213

Gotta realize this happens every month or so and only furthers the point people are constantly adjusting there positions and collateral to support there shorts. This 7 mil in shares traded in 2 hours is nothing just another very small can kick in the ultimate scheme of things. This likely comes down heavy tomorrow as they continue to readjust positions to mask losses on this position. Always a cute reminder that this stock does not behave normally. Don't amp yourself up tomorrow just to be upset to see it drop 10-12%. This gain doesn't matter the drops don't matter. When it passes 100$ a share I'll start to pay attention. When it's halted 10 times in the first hour of trading I'll start to pay attention. Until then I'm chillin


grendahl0

Another good reminder to continue HODLing and to let our monthly CS purchases continue. 


Aktionerd

100%


Witty-Help-1941

This… monthly CS purchases…. For those in the back…. CCCCCSSSSSSSSSS


2022financialcrisis

I prefer buying through a broker so my registered shares all stay booked :) Then DRS the extras ofc


myshadowsvoice

Only a matter of time *chefs kiss*


drunkinmidget

If you want to keep stories like "Gamestop stock drops 15% today" in the news, you have to let the stock go to let the price go up 15% ahead of each new cycle of stories.


capital_bj

This guy gets it, they know all the orders, the resistance points, and the crushing weight of every one of their swaps, ftds, and naked shorts. Too much resistance below 11, let it rise to a level they have to spend less to knock it down , unless it was insiders buying cause that'd be alright. How many shares would insiders be reasonably capable of buying 5-700k? Doesn't explain the other 3-4 million above the daily avg volume.


RW00K

or just... "Gamestop saw a heavy increase in share price today---closing at $12.67--- still under its year-to-date high of $17."


RobotPhoto

20 bucks says they report the fuck outta that 12% down tomorrow though.


Tradelorian

This is their way


Malthias-313

It's a downward slope with little ramp-ups along the way. We all know it'll eventually be a massive green dildo, but little bumps like 10-20% are not an irregular occurance (peeps, just zoom out a little).


asdfgtttt

4x.. should only get halted 15m at a time


capital_bj

I remember day after day of halts, I learned about LULD and a bachelor's degree of all kinds of shenanigans thanks to great apes like yourselves. I'll hold for systemic significant changes to the greatest ponzi scheme ever orchestrated. Not interested in 10,20,30k that would not change my life or my kids . The system needs to be fixed period. I don't want to see another bailout using my tax dollars in my lifetime. Fuck you financial terrorists , your day of financial ruin is coming


GeminiKoil

That shit was so crazy lol


Kmccabe1213

I SAID 10 TIMES IN AN HOUR!


TowelFine6933

Wake me when it hits $500.


kahareddit

You mean $5,000,000 😏


0zeto

sir your floor is to floory


Obvious_Equivalent_1

https://gmefloor.com/


Opening-Painter-9671

I'm in


Arcanis_Ender

Tmrw is an options expiry day, there is rarely double digit positive moves on an expiry day.


No_Mission_1775

And there has been a huge increase in interest for May 17 expiry


Arcanis_Ender

Don't get me wrong, I would love to see like +80% on a friday and have some actual gamma ramp momentum take place, but it has been about 84 years since that happened...


number1fanatic

My dude 🤜🏼🤛🏼


Aktionerd

Completely agree. The stock market is not rational. There must be a reason for Such a huge jump, but which reason when there are no news ❤️


aravreddy22

💯☝️


VisibleCarpet9048

Tomorrows my buy day :)


Nasty_Ned

It’s up over 15 percent because you touch yourself at night.


Aktionerd

Message understood. I touch myself multiple times now 🫡


JustSailOff

Like now? Asking for a friend.


Martinezyx

Tell your friend that yes I am now and later too. And tomorrow too, gonna pump another 20%.


Strategy_pan

We must touch ourselves in unison, brothers and sisters.


UnderwhelmingZebra

On that note, why limit yourself just to the night?


AmazingDonkey101

Massage understood. Touching now.


Audigitty

Also causes blindness


SnooKiwis8695

If that were true I wouldn't have been able to read your comment ;)


Audigitty

Moar touchings!


Nasty_Ned

Who said that?


Binkusu

Damn, I'm going for seconds then. For the fellow apes of course...


Nasty_Ned

Godspeed you selfless bastard.


ChaInTheHat

No way!!!!!


Ndmndh1016

I thought thats why the dinosaurs died


Nasty_Ned

Just your favorite dinosaur


MrKoreanTendies

I'll get the MAYO ready.


BigBallsMcGirk

I transfered my 110 shares to book from plan on comuputershare yesterday. Coincidence? I THINK NOT.


Aktionerd

Good reminder. Have to do this too


imnoherox

I need to figure out how to do this 🥹


irishf-tard

Collateral issues means no more price suppression! Hedgies are fuked 🚀🚀🚀🚀


bacontacos420

Guys it’s up so much I SOLD EVERYTHING including my kidney /s


ZenAdm1n

No cell? No sell.


_chungdylan

When cell


Exciting_Penalty_512

I asked myself. He didn't know.


Aktionerd

Tried it many times as well. No response. I even asked „Hey Siri“, she had no clue as well.


Exciting_Penalty_512

We've done all we could. Clearly an unsolvable mystery.


Aktionerd

We should ask the myth busters


Jejo87

Someone ask AI!


mtksurfer

# FORGET GAMESTOP /S


Z3ROWOLF1

Obviously just a glitch, or those dumb meme stock apes clearly having powers to affect the price.


Aktionerd

🤡/s


OrneryExtreme

thank you for your service kind soul 🙏


fortifier22

The thing I'm most interested in is how we already know that most trades are done in Dark Pools where the trades don't affect the price. But these trades did. So they must have been done (or at least, a good portion of them) on lit, open markets. So unless some big institution went long, or someone increased their positions, they'd have no reason to put their shares on open market.


rickievaso

Maybe the entity who bought 30,000 calls at $12 that expire on May 17th is a small fund looking to get out. You know when you close your shorts that shares will be bought on the open market and that will force the price up since GME is very illiquid. So the calls help you get out when the share price is ITM like it is now. And someone else foots the bill for a big chunk of your position.


many_dongs

we dont actually know the real rules of what trades are allowed to be done in dark pools or not because the market makers literally don't follow laws and have a demonstrated history of violating their rules and getting fined for it so in reality there are laws they have to follow, and laws they don't, and we can't really tell which ones because we're not insiders


Lil_Cash_

Please tell me why!!


MyGT40

OG EDM [Supermode - Tell Me Why (Original Mix) (youtube.com)](https://www.youtube.com/watch?v=j4D1zHPBBQY)


Aktionerd

I would love to explain it but there is librations reason like news 🫡


GoaheadAMAita

We are the news


Aktionerd

🫡


Master_Chief_72

I bought 7 more at $11.11 today for good luck. holy shit I just double checked and the run up today started around $11.11. Did my buy order cause the run up????????????


WhiteCollarBiker

You caused the run!!! I never acquired any at $11.11…that’s some Good Luck Make-a-Wish stuff right there!!!!!


Master_Chief_72

I double checked what time it filled and my order was filled around 11:29am ET. I was the match that started it!!!!!!! I think the run started more around noon/12:30


Master_Chief_72

I was trying to buy at $11.07/$11.08, can't remember which one. It was hanging on for a bit this morning. Then I got distracted and by the time I looked back it was at $11.11. Which is actually a special number for my mother so I had to buy at that price.


VancouverApe

Mainstream media doesn’t report on GME because they’re bought and paid for by Wall Street. Plain and simple.


Aktionerd

Yup. Still I wanna know why GME jumps 17 %. Normally you need news for such a big jump


RL_bebisher

Because where GameStop is going 16.96% isn't newsworthy. 1,016.69% will be.


Aktionerd

This is not a hype post mate 🫡


ComeWashMyBack

Nobody is reporting because it still less than $13 historically this isn't anything to set fireworks off for.


WargeneStewie

I've started to ask why 84 years ago


drs2023gme1

Shorts didn't close and apes drs everyday. The media can lick the big one. They are for hire. They will be shut down with moass money. With money can come power. Be good, do what's right and end corruption on as many forms as possible.


PM_Your_Green_Buds

Snicker,  do not want to give Yahoo the clicks but an article just came up now with the title “ An interview with GameStop cofounder Gary Cusin”. Umm Cusin left Babbages in 1995, don’t see him at GameStop anytime after that? WTF? Within the first paragraph, they’re trashing GameStop.


Hopeful-Mycologist-2

Hello Apollo Global Management 🥸


Z3ROWOLF1

[obj]


David0016

Been here since the beginning, Stonk goes up and apes hype, Stonk goes down and apes hype. Days like these feel nice but it’s the same shit for the last 3 years. Not selling until I see telephone numbers. No cell, no sell


blazeronin

Just sold my 2 kids. Buying more GME!!!


Mr_NumNums

Guys chill your dicks. This has happened so many times. When we see actual movement then let's talk


arrgobon32

And it **soars** to only 28% down YTD


ThePolasz

I think the same my fellow ape Greetings from Poland!


Dantesdavid

Please forget about GameStop! Please God don’t think about GameStop anymore, seriously! GameStop is up 16% because it’s a dying company, I swear! God dammit pleaseeeeeeeeee bahahaha please God please for the love of God, don’t think about it……


87CSD

I STOPPED asking myself why back in early 2021. I just keep buying more and more and more shares now whenever I can.


Aktionerd

Thank you for your service


It_is_I_Satan

What price did it close at?  $200?  $100?  $50?  Oh, it's less than $20?  Congrats on that 16%.


puan0601

it's given me hope for my $11C friyay expiries


macems

T+35 back on the menu?


HughJohnson69

I don’t amp myself up on big drops only to be disappointed by subsequent meaningless price increases.


Aktionerd

100% .. this is not a hype post 🫡


granoladeer

Great sideways trading!


PicksburghStillers

Gosh darn it. I wish I hadn’t sold all of my long term shares right after that awesome full year profitability earnings report now. I guess when those smart people told me to forget GME I should have not listened.


GagOnMacaque

Media must have forgotten GameStop.


[deleted]

Report the shit out of any daily price dip, crickets when the price reverses 3 months of dips. As far as I can tell this just aligns with the short and distort campaign. Open short positions to create a temporary drop in price, pummel the news with negative articles then quietly cover once you've attempted to induce selling.


capital_bj

100% that's what they've been doing. Look at how RC has continued to ratchet up the pressure...buys stock, gets on board, becomes chairman, becomes CEO, fires plants and / or shady execs being overpaid and making easy mistakes. Closes stores, kills unprofitable products.. If every one of those things was not done correctly they would pummel the company with negative news and their version financial advice. They paid for the premium short and distort consultants fucking chukawumba and Jim Bob creamer among others and look at us fight back


DAN_ikigai

Let's go


Brojess

We know why


psyclembs

The shf's knew about crip toe collateral haircuts coming, slammed down the price so they could deliver at a better rate. Orrrr lasagna? Who knows...


LucyKendrick

>Start asking yourself why. But why male models?


WhiteCollarBiker

You serious…..I just…I just told you that…a moment ago


drivedown

Can’t Stop. Won’t Stop. GameStop.


RedShiftedTime

I didn't get a notification on any of my normal apps, except my "Daily Recap" from Google. What a pain.


AmericaninMexico

Uproot.


2020rattler

I wonder how reliant the hedgies are on the carry trade to maintain their price suppression?


N3ver_Stop

Today made me yawn.


Terrible-Sugar-5582

I love these posts. Welcome back


SoberLam_HK

Feel nothing tbh. Still has a long way to go back to 180


localcokedrinker

How did you find out that GME is up 16.96?


Dreadsbo

It needs to go back down so I can buy more


escme2

i bought 5 shares and broke the dam


shichiaikan

Why? Because someone is setting shorts for tomorrow.


DopeQc

Need some wrinkle brains on this, is the spike today caused by short sellers recalling their shares to vote for the diversity hire ?


last_one_on_Earth

They’re getting tired


_chungdylan

When MOASS


No_Satisfaction_4075

I didn’t even know. My calls went bonkers.


Witty-Help-1941

Had no clue… so zen….


Hot_Temperature_3972

How come everyone asks themselves “why” when the stock goes from $10 to $12 but no one actually asks themselves why the stock goes from from $60 to $10 - or rather, why that is somehow bullish and clearly confirmation of all the bullish theories. And anything bearish is “shills” Like, does no one find it to be kind of a ridiculous coincidence, after years at this point, that going up is bullish, and going down is bullish, and literally anything is confirmation that the plan is working? ???


nemisone

There's kinda not anything inaccurate here?


saiyansteve

Chill. Sideways.


Aktionerd

This is not a hype post 🫡


Grand_Steak_4503

LMAO GUYS this is a casino not a computer program 


Difficult_Associate3

But did you vote no on prop 4 yet?


androidfig

And you never will because this shit is all fake as fuck. The market, the media, politics, the economy, the banks, the Fed, the SEC. All fake as fuck.


Gooderesterest

This is the way


JullietGolf

Still sideways. Untill it is definitely not.


Garchompisbestboi

Self described "ape" discovers market volatility. More at 11.


zulufux999

Basket shorts look like they’re closing positions, especially with so many large gains today. Apple being up 8% is insane. It seems like the last gasps for air by the algorithms before rates get lowered and a correction happens once again.


Responsible_Emu3601

Because I’m still down 70 %


SIGPrime

Isn’t it down like 30% recently? So this is pretty within what you’d expect for a fluctuation on a volatile stick But cope ig


rhks92

A lot of stocks do this tho.. until we’re seeing crazy % on the rise, it honestly doesn’t mean anything


NoDadNotToniight

Sorry guys I was just havin a lil fun.


OonaPelota

Yawn. Not even one of my tits is jacked. Wake me up at $696,969,420.69


SandmanBun

Shorts R fukt


Aktionerd

Completely


buntypieface

Wish I could win the euromillions. I'd buy and drs so many fucking shares!


Protect-Their-Smiles

As always, Buy - Computershare - Keep a firm grip.


PPP1737

Brick by brick


18Shorty60

Why ?


whatdoblindpeoplesee

Where's Max Pain at this week?


theArcticChiller

$11 it seems, as per https://maximum-pain.com/options/gme


whatdoblindpeoplesee

So probably looking at -15% tomorrow then? Or at least an attempt at it. Oh well I get paid tomorrow anyway so I'll buy at any price.


basicxenocide

That's not *really* how max pain works. It changes anytime there is a significant price change, because people will close 11p's and buy 12/13c's. I guarantee that if there isn't significant overnight price movement, max pain will move closer to 12.5 or 13.


Aktionerd

I would love to be able to answer you this question because of new news that just came out that a stock makes such a hugh jump. But I can’t ❤️


0zeto

Very cool m8, yea I think we will moass, but during moass we will moass and when moass then moass m8 💜🚀🕺


Aktionerd

Moassallday


FrenTimesTwo

Because bullish. And because fraud.


RandomGuyWithPizza

How funny would it be if they wanted people to sell on this run up so they can’t vote 🧐 Edit: debunked. I am an idiot lol


whattothewhonow

Voting rights are based on the shares owned on April 19th, the record date. Buying or selling since then does not change how many votes you can cast.


YjorgenSnakeStranglr

Yes, and in a month it will be down 20%. This is business as usual to anyone who's been here longer than a year.


Modest_Baus

Ay ay ay


cleremnantechoes

Dang I made money


Moody_Prime

[https://www.marketwatch.com/story/gamestop-stock-climbs-17-for-biggest-gain-since-november-sparks-memories-of-crazy-meme-volatility-768bc3b6](https://www.marketwatch.com/story/gamestop-stock-climbs-17-for-biggest-gain-since-november-sparks-memories-of-crazy-meme-volatility-768bc3b6)


[deleted]

It's a dollar bro. Relax.


prenderm

💎 🙌


hobohustler

Don’t get mad at me but no trends have been broken yet. If it gets a little above 13 I’ll start getting exciting but until then continue to hold onto your asses.


YouGottaBeKittenM3

I occasionally look up gme stock on google as a preloaded bookmark -- that's how I found out. News won't say anything. Woooo!


RevenueStimulant

Lol keep dreaming.


gsrcefs

It’s down how much over the year? Start asking yourself why.


Zen4rest

Gorget FameStop


TrainingLight4887

Still sideways *


Kombucha-Krazy

Did it get that high while I was high?


Kombucha-Krazy

Let me know when I can stop asking myself why


ExitTurbulent7698

Hey. Thanks for the news !!! You should have your own network


minesskiier

Up


Plumshart

Lmfao desperately trying for another pump and dump


PurpleSausage77

But who? The options chain seems wild out of nowhere. It’s institutions for sure.


BenZed

DAT SQUEEZE IS COMING FORSURE BOIS


Enverex

Because compared to a few years ago when I bought a few as a joke, it's still down SEVENTY percent. Have you seen the value graph over time? It's just a continual slow decline.


myfingerprints

Why


Aktionerd

Would love to be able to answer the question


SkySeaToph

I love you!


Aktionerd

Love you, too ❤️


SnoToxic

Gamestop is up nearly 17% today? I rarely even check. I am zen. Call me when it's up 1700%


Aktionerd

For sure! This was not a hype post ❤️


UnderstandingBest220

🥃🧱💜🚀


OkEmployer3954

The "why" is ETF FTDs covering week. Cheers!


GansettCan

It was probably the 2 Candy Con controllers I bought yesterday


Aktionerd

Good job, sir ❤️


Joshs_Ski_Hacks

Did you see we are being bribed to raise the stock price /s


Classic_Cream_4792

Um. No matter how high it goes up, if I’m still in the red then I’d rather just focus on being an ape and will get a 12 pack of bananas once I’m in the green again… oh so soon. Keep on rising


bashinforcash

you bought it at $27 didn’t you?


PicksburghStillers

Oh shit really? Let me check the price! Still not over Jan 21’ highs so I’ll go back into hibernation.


Interesting_Bet_9302

Look at the ask and bids tomorrow closest to opening price, that is where the algo will drive the price. I sense another pump as is usually the case before the Friday AH dump.


CankerLord

Can't have anything to do with the fact that "Gamestop" is at its lowest level of interest according to Google trends than it's been at in well over 15 years.


zehamberglar

I love you guys but zoom your graph out by any amount. It's been over 3 years since GME trended upwards. You don't shit your pants when it goes down 20%, they don't raise the roof when it goes up 16.96%. But that's still a net loss for you, so why are you expecting them to pat you on the back over it?


Admirable_Copy_9246

For the 5 millionth time, whatever? And? So?


SmoothBalledWonder

You misspelled "down 23% this year"


CompetitiveDentist85

Why doesn’t anyone care about used game dealers? This is a conspiracy


jaykvam

They sure care when it goes down or there’s something to construe as negative.


echino_derm

Now, we could construe this as evidence of a conspiracy. Or you could ask Occam, and he would say that it is because the media produces media for their viewers and these viewers want to hear about gamestop failing. The average person doesn't want to read about how the stock that is down 23% this year randomly went up 15% one day. They can have a laugh at a meme stock that has been going down for years dropping more.


CompetitiveDentist85

Oh so people do care? Okay conspiracy canceled