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GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!

 
M R E

User ID: 71630411
United States
01/28/2021 11:53 AM

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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
Is 100 ounce silver bar at £2600 worth it?
 Quoting: Anonymous Coward 66584928


just multiply 100 x current spot price, there will be a premium added also so you have to factor that in too, sometimes the 100 oz bars are hard to sell to local dealers so check around first, two of my LCS's have buyers for them but they have both been in the biz for more then 40 years. the premium on a large bar like that is usually lower per ounce then a 1,5 or 10 ounce bar, usually!!
would rather have it & not need it then need it & not have it
CoronaCoaster  (OP)

User ID: 78572782
United States
01/28/2021 11:53 AM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
Robinhood banning more stocks

Anonymous Coward
User ID: 77606890
United States
01/28/2021 11:54 AM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
...


My shilling? I worked for a hedge fund... we never open one side of a position...

You really believe those hedge funds who had short positions didn’t start buying when the pump occurred? That’s dumb... they did, they ALWAYS do. They are called HEDGE FUNDS... lol

How is a short position illegal? GameStop is a GARBAGE stock... the company is worthless...
 Quoting: Anonymous Coward 77606890



Your experience doesn't help your credibility here. Either you don't understand what happened here or you're lying. They held a naked short position over 100%, they cannot possibly have played both sides equally.
 Quoting: Anonymous Coward 1272593


Says who you?

They held naked shorts... that just means they didn’t own the asset...

Who says they can’t open a long position? Or even options?
 Quoting: Anonymous Coward 77606890


What Is Short Covering? Short covering refers to buying back borrowed securities in order to close out an open short position at a profit or loss. It requires purchasing the same security that was initially sold short, and handing back the shares initially borrowed for the short sale. In order to make a profit they have to buy shares at a lower price that the price they "borrowed" the stocks at. How did they do that when the price has done nothing but gone up? No, I highly doubt they shorted GME yesterday to cover their shorts taken months ago.
 Quoting: Anonymous Coward 47991895


They bought the pump as it was going up... is that hard for you to understand? Lol

Then, when it got to the top, they covered their short positions with the stock they bought on the way up, and then reapplied the short positions for the stock to drop...
Anonymous Coward
User ID: 79544647
United States
01/28/2021 11:54 AM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
On there hit list stock a g up 20% so far 23% short interest
Anonymous Coward
User ID: 79412519
Canada
01/28/2021 11:55 AM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
As long as the new buy restrictions are in place the shorts can ride it down. Retail buyers cannot purchase new buys. They will have to decide when they are going to sell their shares to the hedge fund. If they dont they will ride this baby all the way down to $10?
 Quoting: Anonymous Coward 79412519


Nobody has to sell, shill, the hedge boys can cry and bang their fists but they can't force a sell...with the powder keg as full as it is, do the govt dare try to force it and spark shit off? You silly wall st shills don't get it, you can't win, we're coming for you one way or another.
 Quoting: Anonymous Coward 1272593


Well somebody is selling silly bird.

There is volume and the price is down.

Not a fan of wall street...just watching.
Head2Bunker

User ID: 79523756
United States
01/28/2021 11:55 AM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
 Quoting: CoronaCoaster


https://imgur.com/a/FZKowHS
Anonymous Coward
User ID: 77044552
France
01/28/2021 11:55 AM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
...


How? They only covered 35% of their shorts as of end of the day yesterday. That means by tomorrow they have to cover the rest. They can't do that by buying the pump at let's say even $150 because they shorted it at $19-$25. Duh.
 Quoting: Anonymous Coward 47991895


You have 24 hours to cover a call. The reason only 35% has been covered is because they opened even more short positions as the stock went up...

If they were shorting at $30, anything over 50 would have triggered immediate buys...

I would assume they got in around $75 to $100, sold at close yesterday around 350, and then reopened those short positions and are riding her back down...

Their short spread was $30 to 0, at close yesterday when they reopened the short position was 300 to 0.

They 10x their short positions with retailer investments from idiots...

Hold the line...

epiclol
 Quoting: Anonymous Coward 77606890


sorry demoralisation f4g it's an inter-institutional short ladder churn play and IT WILL FAIL.

Amalek Triumphs!

 Quoting: Anonymous Coward 77044552


It’s your money do what you want..

“Hold the line” on a shit stock that loses money every quarter...
 Quoting: Anonymous Coward 77606890


i have fuck you wealth and am doing it with the proceeds from an orphan wallet

short ladder churn.......i smell fear and stinky cholent mixed together
Anonymous Coward
User ID: 79800010
United States
01/28/2021 11:56 AM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
Guaranteed state sponsored buy off leading other investors to join in.

Just like the capital “rioters” were state sponsored ANTIFA BLM trash.

What happened there? Now Trump supporters can be labeled domestic terrorists.

Same with this sht show.

The end game will be to blame a “natural uprising” of domestic terrorist—- rich, white Capitalists for rigging the system and “destroying our markets”.

I’m sure this is just the beginning of this game.

Create chaos—offer the solution that was already in place.
Anonymous Coward
User ID: 77889465
United States
01/28/2021 11:56 AM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
GME is the only focus. SLV is a distraction.

Retards unite, we're still going to mars.
Anonymous Coward
User ID: 77044552
France
01/28/2021 11:58 AM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
GME is the only focus. SLV is a distraction.

Retards unite, we're still going to mars.
 Quoting: Anonymous Coward 77889465


exactly i even took notice of the management here trying to bait threads with diversion decoys
CoronaCoaster  (OP)

User ID: 78572782
United States
01/28/2021 12:01 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
AOC is going after Robinhood.





Anonymous Coward
User ID: 47991895
United States
01/28/2021 12:02 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
 Quoting: CoronaCoaster


They are not banning them. You can sell not buy right now. You have to understand where Robinhood is supported (Citadel). You think Citadel wants them selling GME etc. today?
Anonymous Coward
User ID: 77606890
United States
01/28/2021 12:03 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
...


You have 24 hours to cover a call. The reason only 35% has been covered is because they opened even more short positions as the stock went up...

If they were shorting at $30, anything over 50 would have triggered immediate buys...

I would assume they got in around $75 to $100, sold at close yesterday around 350, and then reopened those short positions and are riding her back down...

Their short spread was $30 to 0, at close yesterday when they reopened the short position was 300 to 0.

They 10x their short positions with retailer investments from idiots...

Hold the line...

epiclol
 Quoting: Anonymous Coward 77606890


sorry demoralisation f4g it's an inter-institutional short ladder churn play and IT WILL FAIL.

Amalek Triumphs!

 Quoting: Anonymous Coward 77044552


It’s your money do what you want..

“Hold the line” on a shit stock that loses money every quarter...
 Quoting: Anonymous Coward 77606890


i have fuck you wealth and am doing it with the proceeds from an orphan wallet

short ladder churn.......i smell fear and stinky cholent mixed together
 Quoting: Anonymous Coward 77044552


Cool! Invest in gamestop... haha
Anonymous Coward
User ID: 77606890
United States
01/28/2021 12:05 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!


Honestly tho? What a fucking hypocrite... so before when it was banning Trump and conservatives from social media that’s ok, because they are private companies but now it’s not?

Although I worked for a hedge fund I agree, it’s not cool and neither is banning on social media, but I’m REALLY REALLY sick of their liberal hypocrisy....

Either they are a private business who can do what they want, or they are not...

Fuck liberals... sick and tired of them
Anonymous Coward
User ID: 78459304
United States
01/28/2021 12:06 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
Is 100 ounce silver bar at £2600 worth it?
 Quoting: Anonymous Coward 66584928


Just a personal opinion: I'm kind of afraid to buy gold/silver bars. Not for the risk of fakes so much but because I'm not sure how easily I can sell them. I know the govt coins are accepted pretty much anywhere you can buy them, though. So I stick with buying US, SA, CA gold and silver coins. And I guess the US coins are legal tender, too.
I skip all commemorative type coins as well. Yes, I pay a higher premium, but feel it is worth it.
Anonymous Coward
User ID: 79649054
United States
01/28/2021 12:08 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!


wow, something I actually agree with her...

I smell a class action lawsuit.
Simple27

User ID: 79038826
United States
01/28/2021 12:11 PM

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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
moonzoom
 Quoting: BBQ BOY™


y_lovin
~*Ride the Wave*~
Anonymous Coward
User ID: 77606890
United States
01/28/2021 12:11 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!


wow, something I actually agree with her...

I smell a class action lawsuit.
 Quoting: Anonymous Coward 79649054


For what? The SEC can just open a case and it’s all legal.. they did the EXACT same thing with XRP...

They halt trading all the time...
CoronaCoaster  (OP)

User ID: 78572782
United States
01/28/2021 12:13 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!


Anonymous Coward
User ID: 79990237
Switzerland
01/28/2021 12:18 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!


wow, something I actually agree with her...

I smell a class action lawsuit.
 Quoting: Anonymous Coward 79649054


For what? The SEC can just open a case and it’s all legal.. they did the EXACT same thing with XRP...

They halt trading all the time...
 Quoting: Anonymous Coward 77606890



They did the same with the Hunt Brothers Silver event
Anonymous Coward
User ID: 76774363
Iceland
01/28/2021 12:19 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
[link to www.kitco.com (secure)]


siren2
Anonymous Coward
User ID: 47991895
United States
01/28/2021 12:21 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
Billionaire investor Chamath Palihapitiya was part of the effort to drive up GameStop's stock. That's probably who sold today and the stock went down. I believe GME will end up higher on the day.
Anonymous Coward
User ID: 79990237
Switzerland
01/28/2021 12:22 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
Is 100 ounce silver bar at £2600 worth it?
 Quoting: Anonymous Coward 66584928


Just a personal opinion: I'm kind of afraid to buy gold/silver bars. Not for the risk of fakes so much but because I'm not sure how easily I can sell them. I know the govt coins are accepted pretty much anywhere you can buy them, though. So I stick with buying US, SA, CA gold and silver coins. And I guess the US coins are legal tender, too.
I skip all commemorative type coins as well. Yes, I pay a higher premium, but feel it is worth it.
 Quoting: Anonymous Coward 78459304


Coins in small values are better than bars if you thinking about using it as a payment in case S should HTF.

In such a scenario it is best to have is Silver coins (for buying daily things)....but a scenario when this happens we probably do not want to see...because that would be "Mad Max"
Anonymous Coward
User ID: 77606890
United States
01/28/2021 12:23 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
I would like to see the same applied to silver...
Anonymous Coward
User ID: 79990237
Switzerland
01/28/2021 12:23 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
Billionaire investor Chamath Palihapitiya was part of the effort to drive up GameStop's stock. That's probably who sold today and the stock went down. I believe GME will end up higher on the day.
 Quoting: Anonymous Coward 47991895


Blackrock bought into Gamestop shares in December. This is not only about small redditor investors...though because of them it's fun.


[link to markets.businessinsider.com (secure)]
Anonymous Coward
User ID: 47991895
United States
01/28/2021 12:26 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
Billionaire investor Chamath Palihapitiya was part of the effort to drive up GameStop's stock. That's probably who sold today and the stock went down. I believe GME will end up higher on the day.
 Quoting: Anonymous Coward 47991895


Blackrock bought into Gamestop shares in December. This is not only about small redditor investors...though because of them it's fun.


[link to markets.businessinsider.com (secure)]
 Quoting: Anonymous Coward 79990237


Yeah and a lot of other funds see the momentum building along with the huge profits they'll make hence why GME will be up by the end of the day.
CoronaCoaster  (OP)

User ID: 78572782
United States
01/28/2021 12:30 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
holeefuk

100011

User ID: 74273450
United States
01/28/2021 12:32 PM

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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
AHahahaa.
Anonymous Coward
User ID: 78064805
United States
01/28/2021 12:33 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
FBI is now investigating these people for Hate Crimes

They're calling them domestic terrorists

lol
Anonymous Coward
User ID: 76310114
United States
01/28/2021 12:35 PM
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Re: GameStop surges to new high above $500! SILVER short squeeze?! GET IN HERE!
"lol"..., Retail Lives Matter, "Power to the Players".

Time to make bank.





GLP