r/GME

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r/GME
GME_200K • 12h !

This Was NOT The Squeeze: Margin Call

Discussion

Hello,

To anyone thinking of selling, you must know this was not

the squeeze. In fact, the shorts took out an additional
1,000,000 shares short around 2 pm to keep the price
down. That’s right: the hedge funds are doubling down!

The cause of the price action was a margin call. When the
value of your portfolio drops below your requirements, your
broker will force you to liquidate at any price. This is
because any debt left over is paid by the broker, who will
not be left holding the bag bc you cannot calculate risk.

Why now? Probably the continued fees were eating away

at the equity in the portfolio. Shorting is very expensive.
Also, look at the price action across the market today and
yesterday! A very common trade has been to short retail
and long tech. With Tesla down so much and the rest of
the sector lagging, that was probably enough to tip the
scales into insolvency.

What to expect: 1) all of the shares that were covered

could still be shorted by a larger institution, so price may
drop to cause FUD.

2) the shorts capitulate and we continue on to the moon. In

this case, prepare for trading to get halted again.

! ! ! "

1.4k 153 Share

153 Comments sorted by Best ˇ

Leave a comment

Both_Philosophy2507 12h !
Prepare your mind for death then you are free from
fear buy the dip and fly

299 Reply

tallerpockets 9h !
I already mourned the losses I incurred from
having fucking diamond hands by drinking myself
to oblivion for 6 hours in the soaker tub. Now I’ve
rebuilt myself. Gym 5 days a week, cut weight and
gained muscle. I’m fucking ready mentally and
physically! ! # $

82 Reply

ByronCorp 8h !
This is the way

# ! % # ! % # ! % # ! %

26 Reply

b0mbSquad_1 7h !
Are you me??? This is what I’ve been doing
since gamma squeeze 1.0

& & ! ! ! # # # ' ' '

15 Reply

tallerpockets 7h !
I am you. You are me. We are we! Apes
strong together becomes the King Fucking
Kong that ravages New York City!

15 Reply

connecttomars 5h !
We are the Whale.

2 Reply

admiral_derpness 7m !
if this is squeeze 2.0, let's have another in
march!

Vote Reply

seesharpreaction 6h !
This is beautiful.

3 Reply

Pilioforealio I am not a cat 6h !

Are you made of Lego?

3 Reply

tallerpockets 6h !
Aren’t we all..?

2 Reply

Dustey-CSK1 5h !
Been working out a lot more too. Helps with
anxiety insomnia etc. and I can see the
difference just being is good for #
you( )
health and wealth

3 Reply

WhiteCollarBiker 12h !
To paraphrase Musashi’s The Book of the Five
Rings?

35 Reply

Both_Philosophy2507 12h !
The Hagakure

23 Reply

tango_41 9h !
A fellow Samurai!

13 Reply

LegioXIII_Gemina 11h !
I think the risk is too great to act upon scenario 1.
I'm so glad I bought back my covered calls at market
open.

Either way, scenario 2 is inevitable; therefore I

believe the prudent course of action is to just hold at
this point.

65 Reply

BlaticRub 10h !
That's what I was looking for. HOLD is key...keys
are for doors....Hodor.

23 Reply

Physical_Artichoke11 6h !
Yeah you must be my brother I would never put a
covered call on a stock like this he’s always talking
about the premium I’m always talking about the
cap and what you lost

1 Reply

TheLOON2000 5h !
I read ‘prune’ and upvoted

1 Reply

Adept-Ad5287 12h !
This needs to be pinned.great stuff.

108 Reply

MachoCrotcho22 11h !
Gme>BRK.A

41 Reply

MartyDC_ 11h !
You sonofabitch I’m in

29 Reply

spank_that_hedge 11h !
Dorothy Mantooth is a saint!!!

14 Reply

SeaGroomer 9h !
You motorboatin' sonofabitch!

5 Reply

TheMonster2349 6h !
Thats some hard talk for the real ones

2 Reply

Eldy_17 11h !
He's right, all squeeze starts with strong price action
from a catalyst or big whale entering. The real
squeeze starts in a day or two, hold and you'll see
this thing break ATH.

111 Reply

Exotic_Ganache153 11h !
Is another FINRA report due today?

27 Reply

blamethevaline 9h !
https://finra-
markets.morningstar.com/MarketData/EquityOptio
ns/detail.jsp?
query=126%3A0P000002CH&sdkVersion=2.58.0

This is old but just refresh tmmr morning

13 Reply

Appropriate-Storm336 7h !
60.35% SSI! Despite covering their tracks by
shorting ETFs That’s still stupid high! Wonder
what the SSI is for XRT and other ETFs. Either
way.. GME going to the moon Today was a
confidence booster and the SSI supports the
DD done by all you )
to whom I’m forever
grateful. I’ve got 22@67. Should it falls will
accumulate more. Have 4k$ arriving Monday for
this.. Be patient. Hold. And don’t get carried
away by calls to sell.. we haven’t even started to
high the upper atmosphere yet! We’ve got the
stratosphere, the moon and all the other
planets before we get to Pluto. It’s a place no
one has been before. Not financial advise. I’m
legally retarded. I just like the stock! A lot.

17 Reply

fossdeep 7h !
It says updated today, but I remember it saying
that last time too... haha.

3 Reply

PapaBorg 8h !
The report is almost useless because it's based
on self reporting from the hedgefunds

13 Reply

DrWeGotDis 8h !
Whatever is in that report doesn’t matter. Friday is
end of business month AND the next date
everyone has to report short interest again which
will be made available just before next
Congressional hearing.

They’ve got to close short positions this week.

11 Reply

turing042 7h !
I don’t follow. How do you conclude that they
have to close short positions this week?

3 Reply

DrWeGotDis 7h !
Pure speculation because there is
heightened awareness of this situation and
the next hearing is in March. The next short
interest report will be whatever people have
shorted as of this Friday (settlement is two
days later). Businesses like HF typically
report to their investors how they did on a
monthly cycle and last business day of Feb is
Friday 2/26.

I’m guessing they need to close the books on

Feb and get out of short positions to avoid
congressional inquiries into their market
fuckery.

5 Reply

Careless_Employ5866 6h !
Another factor is the upcoming COVID
relief checks. Everyone now knows that a
few bucks in the hands of an army of
retards can topple empires. They
desperately want this to end before we all
get reloads.

9 Reply

InvincibearREAL 6h !
Eh, I don't think so, we only know of
Melvin's positions because they disclosed
their puts, but there's no way they're the
only HF shorting GME and yet we still don't
know who the others are. Because there's
no requirement to disclose short positions
which are akin to trade secrets, there
won't be congressional inquiries and thus
no pressure to sell since they also don't
have to disclose positions to their clients.

3 Reply

fossdeep 7h !
Do you know what the date and time of the next
hearing is?

2 Reply

bozzotheclown2 11h !
Says so on the webpage.

1 Reply

j__walla 11h !
We don't need this negativity. I'll be on saturn,
hopefully i will see you there

21 Reply

Matsuda19 8h !
I’ll be on Uranus.

4 Reply

TommyBoyTC 8h !
I will be in Uranus.

9 Reply

brad_pitt369 6h !
I’ll be somewhere around there just watching
you two on and in Uranus. Can’t take my eyes
of Uranus especially with two fellow apes
nearby.

3 Reply

kerkko76 11h !
My smooth brains do not understand where the
volume comes from. Todays volume was around 80
million but if we didn't sell, who did and with what
shares? And considering there should be only 70 M
shares excisting.

52 Reply

grimjeeper131 9h !
I agree, I'm not sure either. However, volume can
outnumber the number of shares existing because
one share can be traded multiple times. So the
volume exceeding the number of existing shares
isn't an issue, but I ate too many yellow crayons
this week to tell you why the volume was so high

11 Reply

Spirited-Guy 6h -10 votes

Lyra125 4h !
shares are passed back and forth and there are
large institutions in on this. that is where the
majority of the volume comes from. it does not
matter than volume is higher than the shares
available when it's just the same shares being
passed back and forth

3 Reply

kerkko76 4h !
This I can say I know but I would more like to
understand why this happens. I believe after
market was around 40M in volume yesterday
and have I understood correctly that retail do
not have role in there?

I do not play at all with options and I might have

understood completely wrong but my smooth
brains compiles story: 40M aftermarket volume
is created only because GME hit 50$ strike
price which launched gamma squeeze and
institutions needed to cover their positions by
trading shares back and forth.

1 Reply

Biotic101 37m !
Well, most of the trading is done by bots
nowadays, so trading a stock back and forth
in milliseconds is no problem. The shorts and
the longs were battling, so I guess the shorts
and the longs used the same tactics, we saw
all week long before the pump. That might
add up to a LOT of algo trading.

Still this shows how silly the markets have

become by automation and lack of
regulation. I would love, if we could use the
hearing to turn this development back...

/r/GME/comments/lnbmlc/the_gme_hearing_
as_chance_to_limit_ai_trading_and/

1 Reply

DevinCauley-Towns 11h !
I agree that this wasn’t the squeeze, but isn’t a
margin call part of the squeeze? If a shorts account
had to be liquidated and therefore forced them to
close out then wouldn’t that increase the availability
of shares, not decrease them?

12 Reply

Affectionate_Yak_292 10h !
Smooth brained ape close short buy *
Cohen promised you what more do you,
want?

FinashiUL addVise

9 Reply

Biglu68 9h !
Don't fall for Thier shit tactics. 100,000 per share or
bust.

8 Reply

DonDadaCruise 1h !
There’s a shit storm brewing, Randy

2 Reply

sw1sher 12h !
Source on the new shorts at 2pm?

9 Reply

DevinCauley-Towns 11h !
https://iborrowdesk.com/report/GME

High of 2.1M shares at 10:45am and dropped to

700k at 2pm. Ended around 350k. Could be
higher or lower now, they stop tracking shares at
seemingly random times.

17 Reply

sgjohns1987 11h !
This is the information I am spreading, truly
think it could be used to try and change
everything, especially public perception.

I have zero clue where the price goes tomorrow

or Friday, but right now I plan to hold through
any downswing.

5 Reply

DevinCauley-Towns 11h !
The thing that I don’t understand is how the
borrow rate is still so low. It got up above
50% last time, but is somehow dropped to
1% after rocketing up 400% on the day .

7 Reply

sgjohns1987 11h !
Boss we are on the same wavelength. Most
of me is cautious, but the drop in fee and
of all the dumb things...RC today made me
think it might be actually be happening.

Still very cautious and think as much info

as possible is key. We need to stay
informed, I am still looking for the FINRA
report.

Even the current Fintel GME short info is

good, they have a lower borrow fee than
IBD.

Also, and huge: Fintel has GME with 11.9

million short interest just today.

11 Reply

DevinCauley-Towns 11h !
I feel like I can’t trust anything except for
price action and volume. Shorts can’t
cover on low volume without the price
surging. If the price surges without
covering then that puts them in an even
worse position. The only thing I’m
concerned with is intervention by
brokers, clearing houses or the SEC.
Without that, nothing will stop this from
taking off.

11 Reply

WTF_is_risk 10h !
This feeds my opinion. They are
spreading the shorts around.
Squeeze inevitably inbound but if
every big fund loses 2 Bil no big deal
if 5 funds lose 10 Bil each could
cause chain collapse event

8 Reply

marksj2 6h !
Please

1 Reply

sgjohns1987 10h !
Smart data and good caution. I am
also worried we lose access to level 2
soon. This sub is giving me
confidence though.

2 Reply

DevinCauley-Towns 10h !
It’s just an emotional rollercoaster. I
can’t do anything at work when
GME is skyrocketing .

5 Reply

sw1sher 11h !
Thank you guys!

1 Reply

FearTheOldData 1h !
From what I have seen they dont update while
there are 0 more shares to borrow

1 Reply

krste1point0 11h !
Iborrowdesk

2 Reply

Melster1973 6h !
Short selling is restricted until end of day
tomorrow if I’m not mistaken.

2 Reply

Mystic5308 5h !
Awesome! If GME hit $800 its end game for
HF!! ! ! ! ! ! ! ! ! ! ! ! !

1 Reply

Quirky_London 12h !
Market was halted 2mins before closing today!

38 Reply

Gewoongary 12h !
14 minutes *

93 Reply

Quirky_London 12h !
I only noticed just before closing. I was too busy
peeling my banana.

29 Reply

Gewoongary 12h !
10k$ is not a meme !

7 Reply

Simple_Piccolo 9h !
Is is a meme though. 100k$ is NOT a
meme.

16 Reply

Quirky_London 12h !
Ok. Then what is it?

5 Reply

LSZNJDPFTK 12h !
A number.

7 Reply

Quirky_London 12h !
Any importance to this number?

1 Reply

LSZNJDPFTK 11h !
The minumum sell price for a lot of
people during the squeeze.

5 Reply

See replies

WaxWings54 7h !
Honestly if they drive it back down I feel thats a bad
look. This spike has shown GME isnt and has not
been a “dead stock” after a pump and dump. Im
ready to buy at a discount if theyre gonna short it
down

8 Reply

ggiziwegotthis 11h !
Wouldnt a gamma squeeze suit this better?

6 Reply

InvincibearREAL 6h !
Could be, or could've been both; a margin call
could've precipitated a gamma squeeze.

1 Reply

LuminoHk 8h !
This is gamma squeeze set up by a shark.

Thousands of call at 50 strike price are being sold

and they push up the price pass 50.

5 Reply

SmokesBoysLetsGo 10h !
I’m ASSUMING AND HOPING for a dip tomorrow...a
last chance fueling of my existing rocket. Today was
just a test firing of its engines.

If a dip happens all I have to do is watch the

fireworks as the rocket lifts off.

Moon.

10 Reply

Full_Option_8067 5h !
Real talk... I don't think it will... Don't wait too long
for it.

3 Reply

erfoster32 11h !
/ Smooth brain tard here. I'm not a huge player in
this but I'm still in it. If this keeps going upward,
everythings golden. But if they pull more tricks and
try to drive this back down again - Any reason not to
sell, then buy back in lower with even more shares?
Lost enough I'm not afraid to at this
point, been working on averaging down and I'm not
in an awful spot, just looking to maximize potential.

8 Reply

notcontextual 11h !
There's a reason say to not to try to time the
market, you have a strong chance of screwing
yourself over. You sell and then it keeps going up,
you then think maybe it's not coming back down
so you buy in not to miss out, only for it to drop
back to where it was. It's a losing game, but you're
free to try it. But also with shorts needing to close,
anytime you sell, you weaken our chances of
going to the moon since you will be giving a short
that many more chances to cover at a lower
position. You can go greedy and try to squeeze
another $30 per share, or stay the course and get
to see $10k $100k per share. Not financial advice,
you do you

48 Reply

29Lex_HD 9h !
Facts 2

9 Reply

slash_sin_ 8h !
100K

3 Reply

notcontextual 8h !
You right

3 Reply

waitingonawait 11h !
Pretty sure you selling gives them the opportunity
to buy that share on the market not that they
would. Point is keep retail shares from being sold.
I'm not a expert.. why just hold

13 Reply

erfoster32 11h !
Thought something to that effect may have
been the case but needed confirmation bias.
Thanks fellow apes ) # ✋

3 Reply

SatisfactionGood3269 10h !
I would suggest NOT DOING THIS way tio RISKY.

I did what you're inquiring about, and i miss out on

buying the low price again, since it just kept going
up.

If you have extra funds, i would suggest buying (If

there will be DIP at this point)

7 Reply

PhluckFace 9h !
As someone who does this regularly I can confirm
that it is extremely risky. I was able to turn my 147
shares into 262 during the initial rise, but lost 65
of those after fucking up and panic buying back in
during a perceived spike. In my opinion, it feels
WAY better to just hold. The fear of thinking you
are about to miss the spike is real! Best of luck!

6 Reply

InvincibearREAL 6h !
+1, did this too and lost out ~$5/share on the
ride up from $20 to $45

2 Reply

parisinnovember 9h !
Not trying to give you advice but if you’re trying to
maximize gains, it’s best to add shares at a dip
instead of selling like others have mentioned
because of the short sellers. At what price
depends on your target when averaging down and
what you are willing to lose in the event things
don’t go as you intended.

My average is at a point where if the price drops I

don’t mind buying the dip because I’m expecting
it to gain in the future and I’m willing to take the
losses in the event I don’t break even or higher. I
will be able to make it back with other positions
and I don’t need money in the near future, I can
survive without it. Also I plan on holding long and
buying more shares over time.

Just do your research, plan a strategy, and stick to

it so you don’t make a bad decision if you get
anxious. No one knows for sure what’s going to
happen or when. Also beware the echo chamber,
don’t get too caught up in that because it was one
of many factors that contributed to the bag
holders in the first round, myself included

2 Reply

anon_78 5h !
Remember when they turned off buying? Its why I
didn't sell. FOMO as the rocket blasts. I am no
advisor of any kind. But for me, missing on what
could have been is a bigger regret than missing