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where can i sell my old game consoles

where can i sell my old game consoles - win

(GME DD) One DD to rule them. One DD to find them. One DD to to bring them all and in the darkness bind them.

(GME DD) One DD to rule them. One DD to find them. One DD to to bring them all and in the darkness bind them.

Ok retards listen up. Been seeing lots of cucks writing small DD pieces of bullish or bearish shit. You cucks need to read this cos this is the whole fucking thing.

this is also basically my magnum fucking opus so upvote retards. Dont give me awards, legit go buy a powerup membership for a year. Cant tell you to buy shares because we gonna get closed down by SEC somehow.
im also not some fininacial advisor or whatever just read this and make your own conclusions degenerates. Im not fucking liable lmao but i am balls deep 125 shares @ 19 average now, its literally all I have on this earth.
TLDR: GME DD sumarized, Margin wont affect longs the same way as shorts right now. Dont buy shares on margin though and get ready to supply collateral regardless. Short interest is up and some smart retards are on our side. Read the post to raise your IQ from 8 to 9 though. 🐻 🌈s mega fuk and even posting high level bear shit to scare us.
Compulsory 7 rockets so you autists dont start having a seizure or something:
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Basically been seeing posts about "blah blah margin this, short interest this, WS to clever blah". Going to split this post into distinct sections but im no english degree cuck so dont expect any bear bloomberg level shit or something

1. GME is a fucking steal regardless of squeeze. Buy now or be left on a dying planet while we head to alpha fucking centauri.

So basically everyone here knows about Ryan cohen and his horsemen of the apocalypse coming to steal melvins lunch money. This man bought apple stock in 2017. Hes fucking rich. Hes also an eccommerce wizard, taking CHEWY from a measly 100k co-founded company to a $4 Billion company in 2017 at which point he sold it to petsmart or something. Its now valued at $40 Billion, granted anything eccommerce now gets money thrown at it like a stripper in a high flying strip club or some shit idk im a virgin so dont listen to me, so it may well be a bubble. Regardless the thing grows its revenue like bacteria doing binary fission on agar jelly 🚀🚀🚀🚀.
THEY SELL FUCKING PET FOOD. the market for that is like what? $1?. Gaming is going to the moon and is basically recession proof because of how cheap game is compared to other things for how much you get out of it. Any bears saying that Gamestop cant compete with digital or with amazon. Ryan cohen already slapped amazons head in with a no name brand. Hell fucking do it again. About digital everyone here already knows, microsoft deal, Ryan cohen also mentioned the possibility of having "Digital game exchanging" or something, image below.
Online trade ins. It says online.🚀🚀🚀🚀🚀🚀🚀
He also mentions streaming, digital content etc and aside from all the digital stuff wants GME to move to a community centric structure where big stores operate with VR centres, Internet cafe, table games like Dungeons and dragons and 40k (rapidly growing somehow will boom post covid) and as we now might know due to this post:
https://www.reddit.com/wallstreetbets/comments/kypuyb/gme_dd_buildapc_kiosks_coming/
BUILD YOUR OWN PC KIOSKS. This is the literal smell of money. Go to your Gamestop to build your PC with your kid? Gamestop is already the goto place wher your parents go to get you your latest digital fix so now they can go build PC's and it cant go tits up?
Now for some pussy boomer talk (aka fundametals or something).
The expected Q3 EPS was -0.84$ or something close to that. The actual loss was -0.53$ but boomzoids only talked about the revenue drop. No shit sherlock its closing all its dead weight stores.
In the holiday report I will talk about a bit more below, 11% of stores were closed and revenue dropped only 3%. Comparitive store sales increased nearly 5%. They cant get enough consoles to sell so expect the momentum to carry on for the whole year I expect. Eccommerce is up 300% over holidays. In Q3 they reported 800% to date. In 2020 Gamestops eccomerce went up 24x. YES YOU READ THAT RIGHT. Online sales now account for ~33% of Gamestops sales now. This is literally gold dust for ryan cohen.
We are still trading at 0.38 P/S at this price. The average P/S for the SP500 is 2.753. Massive upside on these two numbers alone.
Burry got in this for the MOASS and the intrinsic value. At the time intrinsic value was like $22 and this will pump up as RC takes it to new heights.
GME in Q3 somehow halved the expected loss. Big Bad Boomer sherman somehow didnt fuck it up that bad by saying "omnichannel" at the speed of light. Yes the revenue dropped 30% but thats covid for you. As the PC kiosk post above shows GME now sells small items basically so fast they have to have fake stock lmao. The new console cycle always spikes the share price sky high too, as youll see in a crayon drawing later. The potential revenue that this console cycle brings in could be huge. Biggest ever is potentially a true statement and Gamestop sells every fucker they get. Combine the fact that they share game pass ( a massive hit) revenue from the xboxes they sell, something no other retailer has, revenue could be sky high.
Now I know you autists are starting to develop short term dyslexia or something but keep reading. This could be the most important piece of shit you read in your life. How do you think I feel? My brains overheating just trying to write coherent sentences.
Holdiay report was a bear trap imo, saw people saying the decrease in revenue was bearish blah blah blah. Lies. Comparitve store sales rose 5% and thats with some towns having like 4 gamestops. When the leases dont get renewed and these stores get liquidated (Also in Ryan cohens letter) they can just get this influx of cash and pay down debt and invest in logistics and marketing and new growth. Gamestop realistically needs like 1/2 the stores they have now and just need to improve efficiency.
https://www.entrepreneur.com/article/349890 this article the messiah himself wrote. In it he states:
At Chewy, we had maniacal discipline when it came to how we spent money. The company-wide culture of frugality came from his example. Free cash flow was our unwavering governor of growth. We grew Chewy from $200 million in sales in 2013 to $3.5 billion in 2018 while spending only $130 million in capital, all of which went into opening distribution centers across the country and acquiring new customers.
Maniacal. Thats all I need to say. The guy is going to get to mars before papa musk and he wont even break a sweat. When FCF starts to catch up to WS expectations every analyst who donwgraded them is gonna get ditched and upgrades will start to happen.
So in the heading i said its a steal. That implies some future higher price target right? Well here is my guess for a conservative price target based on the information above and also some more I probably forgot cos im a retard.

The difference is where share price looks to be and where market cap places us is due to difference in outstanding shares (another reason shorts are fuk)
The difference is where share price looks to be and where market cap places us is due to difference in outstanding shares (another reason shorts are fuk)
This alone means if for not inflation adjusted terms we reached 9.8Bn or whatever the crayon chart says we should reach:
9.8/2.48 = ~3.95 3.95 * $35.5 = ~$140. The share price now to reach old mkt cap is $140 fucking dollars. Thats a 4 bagger from now. It gets better.
from statista :
Considering the annual inflation rate in the United States in recent years, a 2.24 percent inflation rate is a very moderate projection.
If we take 2.24% inflation, the this share price target in todays money means we should reach $182 because of $140 * 1.0224^12, = $182 in adjusted. Thats more than a 5 bagger. basically we could see $10 GME price from short manipulation and buying more is basically a lottery ticket!
I really dont understand the bear thesis. The only bear thesis ( short term this one) was that margin would affect longs more but I looked at it on ortex and its basically bullshit. Buy shares with cash though dont use margin. Own your piece of GME dont borrow it. Bears just spout "DigITaL" or "BlOCKbuSTER" so much Ryan tweeted a shit emoji at them. All the bears think theyre clever. What the fuck makes those cucks special? How are they different now than the ones from $2, or $4, or $10.
Bears are betting against:
Ryan fucking cohen, buisness legend CHEWY from 100k investment, now 40 billion
Michael burry, Investing legend, predicted the housing crisis and is in GME since april
u/DeepFuckingValue , the new WSB god chad, now basically a whale
Reggie Fils-Aimé, gaming and buisness legend, former COO of nintendo
Senvest, a mega fund thats actively managed
Norweigan sovereign wealth fund
Fidelity, Vanguard and blackrock own this shit and are never selling they literally dont give a shit
All of WSB has now formed a shield wall against the bears
Microsoft gave GME highly discounted azure deals and free office use for all employees and a revenue sharing agreement. Bears are stupid if they think MSFT didnt vet GME.

Some valid bear thesis left now (the only ones left) -- Ryan Cohen dies.

2. Now some analysis on the short squeeze and some technical data on puts and calls and ortex data.

Ok everyone on here and their cat, dog, bedbugs and wifes boyfriend knows about the squeeze. Jimmy chill aka cramer even talking about it. Gamestop is literally the most shorted stock of all time and space. The squeeze makes every autist salivate because its basically free money while cucking big money out of like what 1% of their fund.
Although I know all you cucks hate shares, and hate holding, if the squeeze doesnt happen selling is probably the most retarded thing anyone could do. Its literally buy high sell low and you fucking disgust me. STONK ONLY GOES UP.
This squeeze is so monumental that its been sucking sharks in like fresh blood. Most of the funds where shorting this from 30-15 dollars before this year so they didnt really care. It all changed with 2 people. u/DeepFuckingValue and Dr. Michael Burry. These guys are as OG as it gets with GME. I think u/DeepFuckingValue may have even sniffed this trade out before the legend himself. Since then funds will have churned this through their rules and started jumping on this train. Ive been in since $13 with 125 shares. If I had more money Id be buying but im just some stupid student ok. Im merely a medium for this money made information.
The stats for this stock now short wise are, from ortex:
Concrete short interest as of 31 December 2020: 71 Million.
Estimated short interest, January 11th data: (This isnt predicted, this is from data in flow, has margin of error) : 77 Million
Short shares on loan 7 days ago: 50 Million
Short shares on loan now (This breaks the bearish margin calls affect longs more thesis): 54.2 Million
% of known float short: 147% as of 31 December 2020
% of know free float on loaned shorts: 108% as of January 11th.
Some guy on here took into account extra buying on wednesday, Institutions, Burry, RC's extra 7% and WSB ownership (something so stupendously retarded no serious firm will do it) that float on short could be in the 100s of %. Total short float now I would say could be 200-400% if the numbers are correct. This pisses on all other short squeezes. Some countries ban shorting above 100% cos of how autistic it is.
The recent hike in interactive brokers available shares is probably a mix of sell off on friday (remember some guys are now buying lambos with GME money. If they held they could buy 10), calls exercising and puts being covered and brokers ditching the shares. Nakedshort even reported 5 million naked GME shorts on friday. This is bullish as fuck because the best the shorts could do on a red market day was -10%.
Gamestop is still on the SECs threshold list for 27 days now.
This shows naked short selling and downwards pressure hasnt capitulated
Need rockets 🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀:
Ok so now if WSB owns an estimated 6-8% of the stock and we all know to move over to cash accounts now to avoid margin calls, we should be minimizing longs getting margin called. Every bear on stockwits is a clueless cuck who spouts "blockbuster" and these guys dont even know what margin even is so my bet is the colossal 54 Million shares short on loan are gonna be affected by the margin calls more. Why? Because every long on margin is in the green, and now a true zealot/extremist/autist for ryan cohen so will supply their account with collateral to avoid margin call. Shorts are in the massive red zone. How do I know you ask?
Ortex data from Jan 4th 2021:
This is the data from ortex for short interest for Gamestop for Jan 4th
So this shows for jan 4th the estimated short interest is 66.98 Million shares. From the exchange reported 71 Million on december 31st this makes a lot of sense because the share price fell from ~21 to ~17 so shorts took profits. The shares on loan arent for longs too. This is all purely short data, and 47M shorted at $17 this shows.
These shorts are in a circle of hell we cant comprehend and makes satan scared.
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Now for the data for this week:

Ortex short data for Jan 14th for Gamestop
SHARES ON LOAN HAVE GONE UP. BUT 87% OF LOANED SHORTS WHERE SHORTING AT SUB $20.
Cost to borrow is also up, estimated short interest is up to a cataclysmic amount.
Longs on margin need to supply collateral, but we are in the massive green zone, shorts are underwater. Margin calls will ravage the shorts and sting the longs. We also have the uptick rule in place until the end of the day, so shorts can only short on the way up. Im not saying itll happen but this shit is skewed in our favour big time. we need to 💎🙌💎🙌💎🙌💎🙌💎🙌💎🙌💎🙌💎🙌.
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Seen a lot of talk about Gamma hedging and delta.
You realize that the fucking bankers and brokers dont understand gamma hedging right? That shits up their with the black-scholes equation and feynman-kac solution. Forget about it. The retards claiming to understand it are either payed by hedge funds or lose money. The guy who took out outs thinking options exercising and gamma hedging would lead to a collossal sell off on friday lost money on his puts because no one except some quants in a goldman sachs server room know this shit. The idea is simple about neutral delta on options that people take out, but the simple system interacts with every other thing in the stock market, and wow who couldve guessed it, like nearly any other element of the stock market predicting something by the day is nigh impossible. That guy talking about Gamma , Delta and margin calls is on weeklies. Hes no more autistic and equally retarded as all of us. Hes a chill guy though so dont berate a fellow brother.
Now weve established the likelihood of longs getting margin called is far smaller than shorts, on to the options distributions
Two images now: Top one is before the end of the 15th, the other one is after market close:

This shows the suspected melvin puts (51000 contracts, 5 Million shares, rolled up from july, strike price $24) and lots of big ITM calls.
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This shows the big put contract didnt get rolled over and the big ITM calls got exercised on friday. Large puts are underwater big timem while calls are in the big tendy zone.
These two graphs, show before market close and after. As we can see the massiver 51000 put contracts didnt get rolled over and the chances that those were melvins july puts rolled up is very high. They expired worthless. Lots of calls are printing big time while huge amounts of puts are worthless and bleeding money.
Something else we can extrapolate from the charts is that massive options trades are not present on the scale we saw before (tens of thousands).
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We are seeing a discrepancy in the number of puts/calls opening up at the higher prices with calls gaining fast. This could show that some funds are now becoming optimistic on the long or short term prospects of gamestop. There are also more puts than options and if we assume this for shorts vs longs on margin (without even taking into account that all shorts are borrowed shares and pay interest further bleeding cash) then shorts are likely on more margin than longs.
Regardless fellow autists my main point is two show that the bears are underwater and the bulls are flying high with regards to options.
Now lets compare this possible squeeze with others.
Bear in mind this is the most shorted stock of all time, but differences in free float change the share price differently.
Kodak went from $2.16 to $33.2
Volkswagen went from ~200 euro to nearly 1000.
Overstock went from ~$21 to $123
Blue apron went from $2.31 to $18
Ive been seeing some estimated that 1 million shares is roughly a dollars move in share price. This maths is about to be pretty autistic so bear with me degnerates.
$1 now is 2.81% of the share price. Everything in the markets is exponential and based on percentages. So if we assume a full squeeze of ortexs estimated short interest (This assumes no sell off and no new shorts, new shorts can be positive or negative depedning on when in the squeeze they happen) $35.5 * 1.0281^77 = $299. GME to moon. 🌑 .
This shit can happen. Hold on.
GME has squeezed and been manipulated before and it always happens around the console cycles. Shorts never win and they wont win now.

This post right here I found months ago and got me in the squeeze from the honourable and valiant u/Uberkikz aka Rod Alzman
Basically the crayon chart shows green (outstanding shares) orange ( short shares) purple (Market cap) and cyan (Share price). In 2006-2008 the share price rose in tandem with short interest ( Like now ) Until console releases when you can see an abrupt squeeze happend mooning the share price.
This happend to a degree in 2013 with the xbox one but worse conditions for the company and a worse console launch lead to slow short covering but the share price still mooned.
Now we get to the best part. History is repeating itself for the third time and the shares sold short are literally higher than the outstanding shares, which have been decreasing since 2010. Short shares are also at the highest point ever and GME hasnt had a brighter future, well ever. Ps5 and Xbox Series X. are the two most hyped consoles since the Ps2. This is setting up the foundations for massive price movements weve never seen before. This shit has literally never happend, ever. Uncharted waters and we are the captain.
For the insurmountably retarded autists who think that the squeeze has happend look upon this and despair:
https://www.reddit.com/wallstreetbets/comments/kwpf6k/gme_gang_there_hasnt_been_a_short_squeeze_yet/
IHOR IS A MEGA WIZARD
Ihor I quote:
A long-buying tsunami ... is the primary factor for the price move
Ihor Dusaniwsky is managing director of predictive analytics at S3 a firm similar to ortex. He told bloomberg that the squeeze hasnt happend yet and that this was long buying. If someone knows this shit its him. He was talking about the tesla squeeze in january 2020. He has access to resources we can only imagine. Barrons cut his comment that the squeeze hasnt happend yet out it was that fucking bullish. All the media ramming down "Short squeeze has happend" down peoples throats because bears are fucking scared.
The bots on stocktwits spamming bearish sentiment should show how rattled they are.
Edit: You fucking degens just enlightened me that cramer pump is real, funds are ruminating over the long weekend, and stmmy bills pumps stonks and that stimmy bill buys many an xbox. See you at andromeda! Also more rockets.
Edit**: Some autists thought lottery ticket was misleading so instead, gauranteed lottery numbers!**
Edit 3: RYAN FUCKING COHEN TWEETED THE HOMIE JUST TWEETED. PEANUT EMOJI. HES 1) NUTTING 2) SAYING 35 IS PEANUTS 3) GIF SAYS THERES A CHANCE, SHORT SQUEEZE IMMENINT HOMIES
Edit 4: Amazing post here showing that unlucky prize guy was wrong like I said. Ihor also talked about the hypothecation agreement.
Edit 5: This is true and I forgot to add
from u/luncheonmeat79 via /wallstreetbets sent 2 minutes ago
There’s also the chance of a ratings upgrade. Moody’s and S&P have GME at B3 and B-, which is rated “highly speculative”. Ratings are reviewed every quarter, and a review might be due this month (i.e. this coming week or next). Good chance that the agencies might upgrade GME to a B2/B, or even better to the next higher band (Ba/BB).
Edit 6: We are scraping 42 in frankfurt. Granted its low volumes but pre market should open at these prices I think?
Conclusion: Buy shares with cash not margin. Hold shares forever unless RC dies (Shame hes a cybernetic demigod), Melvin bad, Shorts fuk, 🐻 🌈 posting bearish shit are doing weeklies for the second time after they expired red on friday, GME to $200 without squeeze, Ryan cohen a god, GME is still a value play, Good luck have fun.
submitted by TitusSupremus to wallstreetbets [link] [comments]

Cut my salary in half? Kiss your business goodbye.

The cast: (Names changed for anonymity)
Me - your storyteller of the moment.
Chad - Hiring CTO.
Richard - CEO, brother of Chad.
Big Bro - Engineer coworker
Eddie - IT and Desktop support guy.
This takes place near the very beginning of my software engineering career, back in '05 or '06. I'd just been let go from my previous place of employment due to be being compliant with directives I'd been given (although not maliciously, so that story wouldn't be appropriate here, sadly), and thus working myself out of a job. I was a young college dropout from a technical college that hadn't been federally accredited yet, and thus all my student loans were from banks and loan companies instead of from Uncle Sam, and debts were due. I was also making payments on my very first car, even though it was a beater that the prior owners had already nearly driven into the ground (4 years old and nearly 200k miles on it when I bought it), and of course, rent and utitlities. The job I'd just been let go from already had me working paycheck to paycheck as they paid far under average rate, but I was still new professional so I couldn't be very choosy. I was living in Los Angeles county, so the cost of living was so bad, I was having to choose which bills were going to be late on a monthly basis. Specifically, I was living in a town called San Pedro, a small town tucked fairly out of the way.
After blasting my resume to all the job boards, I get a call from a startup who seems interested in my resume and wants me to come in for a face-to-face interview (skipping the call-screen entirely). In my desperation, I agree. I'm given an address, which is all the way up in Woodland Hills. I check the internet... 55 minute drive so long as there's no traffic. With traffic it looks like the commute will be more like an hour and forty-five minutes... each way. I'm desperate though, and literally nobody else has reached out to me about my resume or responded to my applications, so I go to the interview. I arrive to an mostly empty office complex. Maybe 6 or 7 other cars in a parking lot capable of holding at least 50. I go into the building mentioned in the address, and call the phone number I was given to let them know I've arrived. Enter Chad. Chad comes to meet me, and seems excited that I've come! He escorts me through the building to an office. Mind you, as far as I can see, we're the only two humans in the building. He gives me the pitch for the company, tells me he built the software being sold, but it's not scalable, and needs someone who can rewrite it. After we go through the whole interview song and dance, he offers me the job on the spot. The pay is marginally higher than the last gig, so I figure gas would be covered for the commute. I agree, and we shake hands, as I'm going to be starting the next Monday.
Red flags start appearing from the very first minute I arrive on monday. First, I'm given a tour, which consists of the 14x14 foot office I'm going to be sharing with Chad, as well as another engineer who's going to be starting the following monday. I'm not a fan of having someone able to look over my shoulder, it makes me nervous. I ask why each engineer's desk has two computers. "Because the one you will be writing code on doesn't have internet access, for security purposes." (Note: this was pure paranoia. There was nothing about this software that required such tight security, we weren't doing any gov't contracts or anything of the sort.) Then, I'm escorted clear across the building, to meet with the CEO (Richard), the IT guy (Eddie), and the sales/support team. I'm told that half of the team is supporting the existing version of the application, 2 people are selling the existing version to new clients (or trying to), and one person is explicitly tasked with selling the new version. The one I haven't even started on yet. I'm still young and dumb at this point, but even I know this means the salesperson is probably giving out a date when the customer should expect their purchase to be filled. "It's a good thing you started when we did, we've been telling customers it'll be ready in June." Did I mention all this was happening in February? Apparently I've agreed to rewrite, test, and package an entire application I've never seen before in approximately four months. So, tour being done, I sit down and get to work. After jumping through a bunch of hoops of getting the software I prefer downloaded onto the actual work machine, as well as the code, I set about reviewing code so horrific I've not seen its like since, and there isn't a single comment in the entire thing. Before I can ask a single question of the CTO however, he tells me he's headed to downtown LA to scalp his tickets to the Lakers game, and that he'll see me tomorrow. So... now I'm alone in the office with this abomination, a machine that's been hamstrung to heck and back, and the only thing I've got to console me is the fact that at least I'm employed again.
Fast-forward a week, I've documented the bulk of the code (because there wasn't any), and the boss and I do not get along. He's mad because I've not written any substantial code, and I'm frustrated because I'm trying to understand a lot of what specific code is trying to do and he's routinely leaving around noon to go sell his tickets for Laker's games, or just not in the office because he's chatting with someone else. When he is in the office, I show him my documentation, and try to get him to verify it or describe the purpose of code where all I can say is "Wat?" By the end of the week, I've covered about 30% of the project in a wiki-like document, and I've taken to leaving after sunset so I can a) get more done, b) have a shorter commute, and c) drive when my car isn't an oven (the ac didn't work). I've barely managed to convince the CTO that what I'm doing is necessary so the engineer starting the next monday doesn't have to do anywhere near the same crap I've got, which would make us a more efficient team.
Monday arrives, and in comes Big Bro. I call him this because he was a much more experienced engineer than I was. We spend the first day with him getting set up, then us reviewing what I've documented. He manages to answer some questions the CTO never did, just because he is that much better, and I start to feel more confident. Over the next weeks, Big Bro took me under his wing as an engineer teaching me best practices, standards, and where my plans were good and where they could be better. If it hadn't been for him, I'd have gone insane! I end up joining him outside for smoke breaks even though I don't smoke, just so I can get a breath of non-office air. He and I discuss the project, and we also make friends with Eddie, who makes us laugh by telling us horror stories about the CTO and CEO (apparently he was a school *friend* of theirs and basically worked with them because they paid him to do something he felt was super easy).
April rolls around. I've got a special occasion I need the day off for, which happens to be a Wednesday that year. I'd advised him when I first started and he'd been cool with it. I remind him on April 2nd (since I had an irrational fear of policy decisions being made on April Fool's Day), and he loses it. He goes off on a rant, and straight up informs me that he regrets hiring me, claiming I didn't have the skills I told him I did, and wasn't worth what I was being paid. We're definitely not half-way done (more like one third), and it's already been decided that June is a lost cause and that we're shooting for August now. That habit I started before, of leaving after the sun went down? Yeah, that never stopped. I was arriving at 9am every day, and leaving around 10pm every night, trying my best. Big bro was the same, and Eddie would stay late with us just because we liked hanging out together. So, it should be understandable that I was very close to losing it right back at him. In a strained, yet diplomatic voice, I told him that if he put in the same amount of work to help us as we put in to rewrite *his* code, we'd probably be a lot closer to done than we were, especially given the twelve hour days. He was not a fan of that, and switched to straight up yelling, blaming us for the lost sales and refunds due to the delays, and that the only way he'd get off our backs was by getting the project done. This entire time Big Bro is just sitting there, and says nothing to back me up. Chad then left the office for a bit, and I just declared I was taking my lunch and would be back in an hour. I felt frustrated by Chad and betrayed by Big Bro, who I felt (rightly or not) should have had my back since we were in the same boat.
When we were both back in the office, he apologized for yelling and told me that since he agreed when I was hired I could have my day off. Cool. I apologized too, although not for anything specific. I just didn't want to talk to him anymore and figured that was the fastest way to end the conversation.
Fast forward to June, and the opportunity for Malicious Compliance. Over the last two months, Chad has been getting worse and worse. He's yelling nearly every day (and still leaving early too). Big Bro and Eddie are also feeling the pain, nobody is safe from his ego. The smoke breaks and afternoon/evening portion of our day are when we're most productive, as nobody can focus until Chad leaves. The first monday in June rolls around and Chad invites me to go on a walk outside for a 1-on-1 meeting. I figured I'm being fired (at this point we've had to refactor the rewrite almost entirely due to missing a critical chunk of functionality, and we're still only 60% done. August release is looking less and less sure). Chad informs me that he's hired a 3rd engineer, but in order to stay in the budget to pay him, he's cutting my salary in half. I stop on the spot and just give him a blank look.
"Are you serious?" I ask. "I'm barely able to pay for my bills and the gas required to commute here as it is. If you cut my salary at all, I won't be able to afford to live." At this point the idea of cutting my productivity to help ramp up a new engineer so he can help us meet the deadline doesn't even occur to me, although in hindsight that would have also been a pretty major issue.
Chad brushes me off. "That's not my problem. The fact that you missed one deadline and look like you're gonna miss another is. If you've got a problem with that, you're more than welcome to go find another job. The new guy starts in two weeks." And with that he walks inside. I'd just been told that I had two weeks left of job at my current salary. Cool. So that day I do something I hadn't done since I first started. I left while the sun was still up. (Specifically, I left at 5pm). I drive my oven-car (no working Air Conditioning in a car that had been left in the sun all day in Woodland Hills had me feeling like a baked potato) through traffic (hour and a half-commute home through LA heat), and updated my resume before reactivating my accounts on all the job sites. I'm contacted the next day by a potential new employer, and I get an interview scheduled. I decide to tell Big Bro about the new opportunity, and he hits me with news that lets me know just how small a world we live in.
Me: "Hey, Big Bro, just fyi I've started looking for a new job. I've already got an interview lined up."
Big Bro: "Really? Where?"
Me: "Over at "
Big Bro: "Wow! That's where I worked before I came here! That place is pretty awesome, and I left there on pretty good terms. I know the CTO there, go ahead and use me as a reference!"
Me, skeptical: "Really? Okay...."
Turns out Big Bro was true to his word, and the CTO and I even talked about Big Bro during the interview. Apparently they'd already talked about me, and Big Bro had been the ultimate hype man, confirming everything I said about why I was looking for a new job and everything. All goes well, and I'm electronically signing an offer-letter that Friday afternoon (Chad had already left for the day, so there was nobody to look over my shoulder as I used the work computer that *had* internet access to get this done). At the new Job, the commute is cut by more than half, and comes with a pretty significant raise. I tell Big Bro and Eddie on the last smoke break (I still don't smoke) that I'm done, and I've found something new. Oddly enough, they both smile and just wish me luck. "No hard feelings, hope we stay in touch!" Odd, but I'd stopped really caring about anything related to that job, so I paid it no mind. I went back inside, packed up my stuff into my backpack, and walked to the CEO's office.
Me: "Hey Richard, got a minute?"
Richard: "Hey OP, what's up?"
Me: "Just wanted to let you know I found a new job, so I'm moving on."
Richard: "Really, why? We need you!"
Me: "You guys decided it was cool to cut my salary to a point where I couldn't afford to live. Chad said if I didn't like it, I should look for something new, so I did."
Richard, looking defeated: "Well, when's your last day?"
Me: "Today."
Richard, now pissed: "We need you here to train the new guy who starts soon!"
Me: "Hey, I had to train myself and to an extent, Big Bro when he first started. The new guy should be able to as well."
And with that, I left for greener pastures.
The unexpectedly *huge* fallout:
Four months later, Big Bro texts me to ask me how things are going. I tell him things are great, and we schedule a lunchtime call because apparently things have gone sideways in a huge way.
Part 1) Apparently Chad came in on Monday almost violently angry, and demands Eddie re-image my work machine first thing in the morning, which erases everything I'd left on there.Big Bro comes in an hour later, and he and Chad discuss the new timeline for the project. Somewhere in there apparently Big Bro asks Chad to log into the admin account on my old work machine so he can pull the documents I'd accumulated about the planned architecture, the existing code, meeting notes, etc. Chad answers by apparently punching a hole in the wall, and leaving for the day (probably to go to the hospital to deal with his hand), at 10:30 in the morning. Big Bro then spends the rest of that week ostensibly working on recreating the documentation from scratch.
Part 2) When I asked how the new guy handled the new documentation, Big Bro laughed and told me there never was any documentation. Apparently he and Eddie had become really good friends in the months we worked there, to the point where they'd become roommates about a month before I left. More than that though, they'd decided to start a freelance/consulting business together and only had to decide on when to make that their full time jobs. Neither of them liked Chad much, and wanted to make their departure hurt as much as possible. So, they decide to make Big Bro's last day the day before the new guy starts, and Eddie would quit shortly afterward, sticking around just long enough to watch the bomb go off. Did I mention Big Bro never told Chad he was quitting? Yeah. He just didn't show up that Monday. He had, however, emailed that 'documentation' he'd spent a week writing to Chad. Turns out he wasn't documenting the code at all. He'd spent a week writing a letter explaining in excruciating detail why Chad was such a bad boss, and he'd emailed it to everyone in the company. I asked if he still had it so I could read it, and he sent it to me after the call.
Thankfully, like the big helper he was, Eddie had ensured that the new guy's email was set up and in the proper groups before the email was sent, so the guys first email in the company was a novella about the kind of person he' agreed to work for. Apparently Chad thought it was appropriate to take his frustration out on the new guy, who'd already read a significant portion of the email before Chad shoved him away from his desk and deleted it. Apparently new guy promptly decided (and rightfully so) that agreeing to work for Chad had been a mistake, packed up his things, and quit on the spot.
Part 3) With the new guy quitting, the August deadline was now little more than a dream within a dream, which according to Eddie doesn't stop Chad and Richard from trying to find that miracle rock star engineer who can save them from their own situation (which, given what they were offering as pay, didn't exist). So time advances in its unstoppable way, August arrives, and customers find that they've paid for something that hasn't been delivered yet, and pretty much unanimously demand refunds, with a few customers bringing legal action against them. With the amount they have to refund, and the money they now need for legal fees (because of they way they'd incorporated, they were personally liable), they could no longer afford to pay anyone, and were forced to shutter the business.
_________________
Final Note: For my fellow software engineers out there who were wondering just how bad this application was, this "program" was a single php file with over 40k lines of code, running inside a `while` loop. Any and all logic consisted of if/else trees, which then led to either more if/else trees or more loops. No function calls, no external libraries included, just.... spaghetti of the worst kind. Given the nature of the application, most critical logic had to be implemented in no less than seven places, depending on where the execution was when the logic was needed. At worst the tab-depth was something like nineteen or twenty tabs deep.
_________________
Post upvote-splosion edit:
I wanted to write out my thanks, and to answer some of your questions, but it turned into another long wall of text. So, instead I put it in a comment, which I'll link to here:
https://www.reddit.com/MaliciousCompliance/comments/lb8evx/cut_my_salary_in_half_kiss_your_business_goodbye/glvy3kg/
submitted by technicalviking to MaliciousCompliance [link] [comments]

GME Short Squeeze What Comes Next Part 3

GME Short Squeeze What Comes Next Part 3
Hello all,
Before I begin I would like to address something I have been encountering on my posts in the comments section. I keep receiving some hate concerning my opinions and I want to be crystal clear that they are just that; opinions. I also want everyone to know that is is meant to be a dialog. I am not trying to pump this stock because truthfully, this goes far beyond us retail investors at this point. What I want is a dialog between all sides to examine this truly fascinating phenomenon that is occurring.
I would also like to clarify something, I am not a bagholder. I do currently hold bags because I own 336 shares at a $194.34 cost basis, however, that total amount is house money that was used from my profits on the first go around.
I also understand some people are tired of hearing about this because it's the same regurgitated form of someone else's post as it keeps circulating in an attempt to retain hype and drive future buying; this is not what this post is about. As investors and individuals involved in the world of finance, this situation should absolutely intrigue us whether or not we are involved. I am here to present my logic on the situation but encourage healthy discussion and debate.
This brings me to my first claim. This is not over. Now, I am not claiming that a squeeze will still occur, I am simply claiming it is not over, for better or for worse. Several things need to take place for this to be completely over, at which point I will either post my gains or my losses from the adventure.
When I say "it" I am referring to this entire phenomenon, not one short squeeze. I do not think these events, "it", is over. This is largely due to retail and institutional purchasing not really changing all that much since we found the bottom and established support at a staggering $60. This support was lost today and found new support at $50. There was very interesting ATH action and I'm not sure what to make of it.
Millions of bag holders (not just WSB) are still holding and in fact, averaging down, thereby purchasing more. These same bag holders are absolutely refusing to sell for such massive losses and in turn are becoming long term investors on the stock if another squeeze isn't to occur. People are picking up speculative positions in the off-chance of another squeeze. Others are determining this as a fair value for the company, not fundamentally, but based on the future prospects of Ryan Cohen and team. Finally, it is nowhere near leaving the global stage with important upcoming dates that we will discuss later.
To examine why it isn't over let's look at both sides of the argument:
  1. Bulls claim it's not over for many reasons that you can find in the hundreds of other bullish posts, so I won't bore you with those details. My argument on the bull side is more along the lines of what I listed above.
  2. Bears claim it is over because there was a 2250% price increase over the course of two weeks, therefore this must be a short squeeze.
I think we can all agree, bear or bull, that something happened. A 2250% increase certainly isn't nothing. The question is...what? I see several possibilities and would like to discuss them in the comments.
  1. The shorts in fact covered and this was a short squeeze.
  2. The shorts partially covered and this was a partial short squeeze, but the price increase was mainly hype and gamma squeezes.
  3. The shorts didn't cover anything and this was a globally hyped price increase in conjunction with several gamma squeezes.
  4. Some combination of the above 3.
First, the data:
Based on morningstar the short interest is showing 78.46%. Now, I think the website is having some issues storing cookies because it will show the outdated 226% unless you open it up in incognito.
Market watch is showing 41.95%
This spread is interesting for sure, my thoughts are some of these calculations are including "synthetic longs" introduced by S3.
It is extremely possible to manipulate these numbers via illegal methods and even legal methods using options. Please see this SEC document to explain how this would work. I am not trying to convince anyone to fit my narrative, but these things occur far more commonly than one would expect. The reasoning is because the fines for committing the crime are far less costly than letting the event take place. Please see FINRA's website for the long, and frequent list of fines being dealt out due to manipulation. A common culprit? Lying about short volume.
Let's use the absolute worst case scenario being reported of 41.95%, which mind you is still extremely high for one stock:
The shorts in fact covered and this was a short squeeze
What's interesting here is even if the shorts 100% covered all of their positions, they very well could have shorted on the way back down. Why wouldn't you? It would be insane to not open a short position when this hit nearly $500 especially if you lost half of your companies money; what better way to get it back? For the remainder of this thesis, I will be assuming that some of the short positions that exist are newly opened positions at a higher price unless someone has a counter-claim as to why that wouldn't be possible/probable.
That would mean 226% was covered on the way up and another 41.95% was reopened on the way back down. Based on the volume and price changes throughout the past two weeks this simply doesn't pass the math check.
The shorts partially covered and this was a partial short squeeze.
Again, using 41.95% this is highly likely and the most reasonable case. Some, probably the worst positions, were covered on the way up.
I think this is precisely what happened, we had some partial shorts covering but for the most part it was gamma squeezes, hype, and FOMO whereby the price started climbing so rapidly it became smarter for the shorts to just wait out the bubble than to actually cover all of their positions.
Again, we fall into a "what-if" scenario regarding shorting on the way back down.
The shorts didn't cover anything and this was a globally hyped price increase in conjunction with several gamma squeezes.
This scenario does not pass the math check using the 41.95% figure.
If the data is being manipulated then this becomes very interesting because if some of the worst positions are still open then that means all of these HF's losses that were reported were strictly interest and they are simply waiting this out for as long as it takes making back their losses on their newly opened short positions in t $300-$400 range.
Sadly, this puts us in the guessing range yet again. We can do the math and see it's possible this scenario exists, however, we would be comparing it against losses reported by the entities that were being squeezed.
There are way to many what-if's for me to me consider this a possibility, but I can't write it off completely.
Some combination of the above 3.
Truthfully, this isn't worth examining just yet. There would be far to many "what-if's" to address, this is something that could be address at the later dates that we will get to shortly.
Now, I've heard it a lot regarding the 02/09 data. "It's two weeks old". Well, that is always the case. The FINRA short data is always two weeks old and suggesting that we can't pull any information from it at all is asinine. Where it gets quite murky, is the data includes 01/27 information. This was a day unlike any other in this saga.
I will take this moment to address the following upcoming catalysts and when I truly think this will be done; one way or the other.
Today's data 02/09, was very important because if it showed an extremely low percentage then we know shorts have exited and did not re-enter and this is completely done. Given the data does not reflect that, we now must turn to several events that could act as catalysts for either a further squeeze or a complete shutdown.
02/19 - In my last post, I discussed the Failure To Deliver (FTD) conundrum. I do need some help figuring out the exact expiration date. From here "The close-out requirement states that a participant of a clearing agency needs to take immediate action to close 4 out a fail to deliver position in a threshold security that has persisted for 13 consecutive settlement days by purchasing securities of like kind and quantity."
The exact date is slightly irrelevant because I highly doubt all of these FTD's are going to deliver on the same exact day. This site, while it isn't an official channel seems to be doing a good job of tracking data. If you want to learn more about FTD's and the implications there please visit that site or review my last post which has links to follow for further reading.
02/18 - Keith Gill aka u/DeepFuckingValue will testify before congress and RH CEO Vladimir will be attending. This can go several ways which can lead to an SEC trading halt on GameStop or with evidence that proves foul play occurred. Who knows? It will certainly be interesting and I don't even to speculate on the market reaction to this even because it could go a ton of different ways; it will be an important date nonetheless
02/24 - The next FINRA short interest information will be made readily available to the public. This will be far more interesting and helpful information because it won't include the insane volatility of January, but it will also highlight the newest short positions. This data will help further drive where I think this is all going to end. It's possible that shorts opened new positions at $50 thinking it was going back to $12. Let's not speculate too much here either, it's just another dataset that will bring light to the direction this is headed.
03/25 - GameStop ER. This is big too for several reasons. First, this will include the console sales cycle which historically has done well for GameStop. A typical buy the hype, sell the news event. It will be interesting to see how the market reacts leading up to this ER, maybe people won't even touch GME leading up to then due to the recent volatility, but if they do, and if there is still a lot of short interest, this too could force shorts to begin covering. Another critical part of this ER is Ryan Cohen. This will be the first time this new board addresses the public with their plans for the future and for the first time since this entire adventure began, the "dying brick and mortar" narrative will finally begin to change in the public eye. That is still the common misconception regarding GameStop, that it is a dying brick and mortar retailer where nothing has changed. This hasn't been the case for around 6 months now, but this will be the first time it is publicly address. The headlines surrounding GameStop's future plans will be very interesting to read and the markets reaction will be far more interesting.
I have been asked a lot what my PT is and when I expect the squeeze to happen, but let me be clear. Very seldom do squeezes "just happen". In fact, short squeezes are far more common than one would think, they just typically happen over months, if not years and the shorts cover on dips so you don't even notice it's happening. In order to force a squeeze, you need to hold a decent amount of shorts underwater. Soon one will crack and start closing their position, this leads to a series of shorts closing their positions skyrocketing the price until more and more shorts need to cover. This is rare.
I hope this narrative of purchasing heavily shorted companies comes to a close soon because a lot of people are going to lose a lot of money simply buying up companies because they are heavily bet against. Catalysts and massive changes need to occur like overhauling your entire business as is the case with GameStop.
Normally, shorts will close their positions one at a time, covering on dips and you don't even notice it's happening. In times where you see a price rise of seemingly no news could very well be shorts closing their positions because their research led them to realize this company is on the road to recovery.
I digress. Given the most recent data and the multiple upcoming catalysts I am still very bullish on a GME short squeeze. My post from quite some time ago illustrated the importance of catalysts regarding a short squeeze, this is still very much the case. The first run was interrupted and the second run won't happen with magic, it requires a catalyst. Another post was titled For those who do not understand the inevitable GME short squeeze, was at the time "inevitable" because math. That is no longer the case. It is no longer inevitable but it is still possible.
I want to be clear: This is not nearly as close to a sure thing as it once was and it depends on a lot of different factors. One of the largest is the people. Granted, a lot of what's happening now is in the hands of institutions but millions of retailers holding their positions to the grave certainly helps the institutional buyers have more faith in their play to continue a squeeze.
SO WHAT DO I THINK
I think shorts certainly covered some of their positions, but not all. I also firmly believe a significant amount of short positions were opened on the way back down by both HF's and individuals. Some certainly positioned high, but based on sentiment, it appears a lot of people think GME is fairly valued around $20 (which I disagree with but let's use that for the time being). That would mean shorts would have no problem opening positions at 100,70,60, even $50.
42% is still very high which means a squeeze is inevitable so long as the company continues in a positive path. However, squeezes typically aren't as abrupt as people think. They are actually quite common, in fact another position I'm heavily invested in is SPCE and they have been going through a squeeze for several weeks and will continue to squeeze so long as news continues to be positive.
How would we get an abrupt short squeeze? A massive bull run. The new shorts that entered at lower levels wouldn't be too hard to catch, however, they are probably low volume, so when they buy to close, it won't be large enough volumes for massive peaks, but a bull run very well could lead to these lower tiered shorts closing, triggering a gamma squeeze. If gamma squeezes are made week over week then shorts at the higher end would have two options:
  1. Close early and take profits
  2. Wait it out because they are positioned so well that interest means nothing and they don't think there is any hope of us rising to those levels.
In the first case, them closing early would be a nice short squeeze to probably several hundred dollars, but it wouldn't break $1000.
To break $1000 we would need a big bull run to catch the shorts, trigger gamma squeezes, and keep momentum until they are caught and underwater. This is highly unlikely unless there is another global sentiment.
NOTE: ALL OF THESE ASSUMPTIONS I AM MAKING ARE BASED ON THE 42% REPORTING. IF IT IS IN FACT 78% THEN THE POSSIBILITY IS TREMENDOUSLY INCREASED FOR THESE THINGS TO HAPPEN.
SO WHEN DOES IT ALL END
My though is if by the end of March these catalysts were not enough to reignite the hype and squeeze, then it will essentially be over except in the case of a few circumstances:
  1. A VW/Porche moment occurs where a large buyer picks up a large portion of the company.
  2. Some other currently unknown catalyst appears seemingly out of thin air
  3. The data was in fact manipulated. Regardless of what the data says, if the shorts did in fact lie about their short int to take the fine over being squeezed, then they will be squeezed regardless.
It is quite possible, that these catalysts and moments aren't enough to force a squeeze anymore especially if the shorts have repositioned really well. I will retain the mindset that this fateful January 2021 was not a short squeeze. However, that does not mean it will ever actually happen.
SO WHAT IS YOUR PLAY HOOMAN?
Well, I am long on GME which is why I didn't mind hopping back in even at outrageous prices. I will continue averaging down and don't plan on selling for quite some time, probably several years. The reason for this is I believe in Cohen and his team to turn this into something unexpected and I imagine an eventual ROI. Once this is all said and done and I think either the shorts truly have covered or they simply got away with it (Beginning of April), I will be posting my DD for GME as a long play regardless of the squeeze mechanics.
Thank you all for joining me on this wild journey. I hope we can discuss some of these points in the comments like adults and truly try to grasp this wild situation we are all in. There are extremes on both sides from "get over it, the squeeze happened" to a cult like mentality on the other extreme. I hope through discussion we can find the moderate approach and further understand the market mechanics at play.
Thanks for your time
WARNING: Until the squeeze business is over for good, this is a very volatile and risky play. Joining now for the hope of a potential round 2 squeeze should only be done in a speculative manner with money you are willing to lose. This is more akin to a gamble than it is investing. I think the current market price is fair given the future prospects of the company but do your own DD, I will not be releasing any until this squeeze is put to rest.
TL;DR: I am still bullish on this scenario even at 42%, if it really is 78% then I am extremely bullish. There are a plethora of upcoming catalysts that could reignite the squeeze but even if none are powerful enough, with Cohen's new direction we could expect good news for quite some time forcing shorts to exit on a more spread out timeline.
Disclaimer: I am not a financial advisor. I do not wish to sway your opinion in either direction. I simply seek to examine this interesting and volatile situation via crowd sourcing. What you do with your money is entirely up to you.
submitted by hooman_or_whatever to stocks [link] [comments]

For ALL THOSE WHO MISSED ON GME, LOST MONEY OR BAGHOLDING...THIS IS THE ENDGAME 🚀

ALL CREDIT GOES TO u/hooman_or_whatever
GME Short Squeeze What Comes Next Part 3
Hello all,
Before I begin I would like to address something I have been encountering on my posts in the comments section. I keep receiving some hate concerning my opinions and I want to be crystal clear that they are just that; opinions. I also want everyone to know that is is meant to be a dialog. I am not trying to pump this stock because truthfully, this goes far beyond us retail investors at this point. What I want is a dialog between all sides to examine this truly fascinating phenomenon that is occurring.
I would also like to clarify something, I am not a bagholder. I do currently hold bags because I own 336 shares at a $194.34 cost basis, however, that total amount is house money that was used from my profits on the first go around.
I also understand some people are tired of hearing about this because it's the same regurgitated form of someone else's post as it keeps circulating in an attempt to retain hype and drive future buying; this is not what this post is about. As investors and individuals involved in the world of finance, this situation should absolutely intrigue us whether or not we are involved. I am here to present my logic on the situation but encourage healthy discussion and debate.
This brings me to my first claim. This is not over. Now, I am not claiming that a squeeze will still occur, I am simply claiming it is not over, for better or for worse. Several things need to take place for this to be completely over, at which point I will either post my gains or my losses from the adventure.
When I say "it" I am referring to this entire phenomenon, not one short squeeze. I do not think these events, "it", is over. This is largely due to retail and institutional purchasing not really changing all that much since we found the bottom and established support at a staggering $60. This support was lost today and found new support at $50. There was very interesting ATH action and I'm not sure what to make of it.
Millions of bag holders (not just WSB) are still holding and in fact, averaging down, thereby purchasing more. These same bag holders are absolutely refusing to sell for such massive losses and in turn are becoming long term investors on the stock if another squeeze isn't to occur. People are picking up speculative positions in the off-chance of another squeeze. Others are determining this as a fair value for the company, not fundamentally, but based on the future prospects of Ryan Cohen and team. Finally, it is nowhere near leaving the global stage with important upcoming dates that we will discuss later.
To examine why it isn't over let's look at both sides of the argument:
  1. Bulls claim it's not over for many reasons that you can find in the hundreds of other bullish posts, so I won't bore you with those details. My argument on the bull side is more along the lines of what I listed above.
  2. Bears claim it is over because there was a 2250% price increase over the course of two weeks, therefore this must be a short squeeze.
I think we can all agree, bear or bull, that something happened. A 2250% increase certainly isn't nothing. The question is...what? I see several possibilities and would like to discuss them in the comments.
  1. The shorts in fact covered and this was a short squeeze.
  2. The shorts partially covered and this was a partial short squeeze, but the price increase was mainly hype and gamma squeezes.
  3. The shorts didn't cover anything and this was a globally hyped price increase in conjunction with several gamma squeezes.
  4. Some combination of the above 3.
First, the data:
Based on morningstar the short interest is showing 78.46%. Now, I think the website is having some issues storing cookies because it will show the outdated 226% unless you open it up in incognito.
Market watch is showing 41.95%
This spread is interesting for sure, my thoughts are some of these calculations are including "synthetic longs" introduced by S3.
It is extremely possible to manipulate these numbers via illegal methods and even legal methods using options. Please see this SEC document to explain how this would work. I am not trying to convince anyone to fit my narrative, but these things occur far more commonly than one would expect. The reasoning is because the fines for committing the crime are far less costly than letting the event take place. Please see FINRA's website for the long, and frequent list of fines being dealt out due to manipulation. A common culprit? Lying about short volume.
Let's use the absolute worst case scenario being reported of 41.95%, which mind you is still extremely high for one stock:
The shorts in fact covered and this was a short squeeze
What's interesting here is even if the shorts 100% covered all of their positions, they very well could have shorted on the way back down. Why wouldn't you? It would be insane to not open a short position when this hit nearly $500 especially if you lost half of your companies money; what better way to get it back? For the remainder of this thesis, I will be assuming that some of the short positions that exist are newly opened positions at a higher price unless someone has a counter-claim as to why that wouldn't be possible/probable.
That would mean 226% was covered on the way up and another 41.95% was reopened on the way back down. Based on the volume and price changes throughout the past two weeks this simply doesn't pass the math check.
The shorts partially covered and this was a partial short squeeze.
Again, using 41.95% this is highly likely and the most reasonable case. Some, probably the worst positions, were covered on the way up.
I think this is precisely what happened, we had some partial shorts covering but for the most part it was gamma squeezes, hype, and FOMO whereby the price started climbing so rapidly it became smarter for the shorts to just wait out the bubble than to actually cover all of their positions.
Again, we fall into a "what-if" scenario regarding shorting on the way back down.
The shorts didn't cover anything and this was a globally hyped price increase in conjunction with several gamma squeezes.
This scenario does not pass the math check using the 41.95% figure.
If the data is being manipulated then this becomes very interesting because if some of the worst positions are still open then that means all of these HF's losses that were reported were strictly interest and they are simply waiting this out for as long as it takes making back their losses on their newly opened short positions in t $300-$400 range.
Sadly, this puts us in the guessing range yet again. We can do the math and see it's possible this scenario exists, however, we would be comparing it against losses reported by the entities that were being squeezed.
There are way to many what-if's for me to me consider this a possibility, but I can't write it off completely.
Some combination of the above 3.
Truthfully, this isn't worth examining just yet. There would be far to many "what-if's" to address, this is something that could be address at the later dates that we will get to shortly.
Now, I've heard it a lot regarding the 02/09 data. "It's two weeks old". Well, that is always the case. The FINRA short data is always two weeks old and suggesting that we can't pull any information from it at all is asinine. Where it gets quite murky, is the data includes 01/27 information. This was a day unlike any other in this saga.
I will take this moment to address the following upcoming catalysts and when I truly think this will be done; one way or the other.
Today's data 02/09, was very important because if it showed an extremely low percentage then we know shorts have exited and did not re-enter and this is completely done. Given the data does not reflect that, we now must turn to several events that could act as catalysts for either a further squeeze or a complete shutdown.
02/19 - In my last post, I discussed the Failure To Deliver (FTD) conundrum. I do need some help figuring out the exact expiration date. From here "The close-out requirement states that a participant of a clearing agency needs to take immediate action to close 4 out a fail to deliver position in a threshold security that has persisted for 13 consecutive settlement days by purchasing securities of like kind and quantity."
The exact date is slightly irrelevant because I highly doubt all of these FTD's are going to deliver on the same exact day. This site, while it isn't an official channel seems to be doing a good job of tracking data. If you want to learn more about FTD's and the implications there please visit that site or review my last post which has links to follow for further reading.
02/18 - Keith Gill aka u/DeepFuckingValue will testify before congress and RH CEO Vladimir will be attending. This can go several ways which can lead to an SEC trading halt on GameStop or with evidence that proves foul play occurred. Who knows? It will certainly be interesting and I don't even to speculate on the market reaction to this even because it could go a ton of different ways; it will be an important date nonetheless
02/24 - The next FINRA short interest information will be made readily available to the public. This will be far more interesting and helpful information because it won't include the insane volatility of January, but it will also highlight the newest short positions. This data will help further drive where I think this is all going to end. It's possible that shorts opened new positions at $50 thinking it was going back to $12. Let's not speculate too much here either, it's just another dataset that will bring light to the direction this is headed.
03/25 - GameStop ER. This is big too for several reasons. First, this will include the console sales cycle which historically has done well for GameStop. A typical buy the hype, sell the news event. It will be interesting to see how the market reacts leading up to this ER, maybe people won't even touch GME leading up to then due to the recent volatility, but if they do, and if there is still a lot of short interest, this too could force shorts to begin covering. Another critical part of this ER is Ryan Cohen. This will be the first time this new board addresses the public with their plans for the future and for the first time since this entire adventure began, the "dying brick and mortar" narrative will finally begin to change in the public eye. That is still the common misconception regarding GameStop, that it is a dying brick and mortar retailer where nothing has changed. This hasn't been the case for around 6 months now, but this will be the first time it is publicly address. The headlines surrounding GameStop's future plans will be very interesting to read and the markets reaction will be far more interesting.
I have been asked a lot what my PT is and when I expect the squeeze to happen, but let me be clear. Very seldom do squeezes "just happen". In fact, short squeezes are far more common than one would think, they just typically happen over months, if not years and the shorts cover on dips so you don't even notice it's happening. In order to force a squeeze, you need to hold a decent amount of shorts underwater. Soon one will crack and start closing their position, this leads to a series of shorts closing their positions skyrocketing the price until more and more shorts need to cover. This is rare.
I hope this narrative of purchasing heavily shorted companies comes to a close soon because a lot of people are going to lose a lot of money simply buying up companies because they are heavily bet against. Catalysts and massive changes need to occur like overhauling your entire business as is the case with GameStop.
Normally, shorts will close their positions one at a time, covering on dips and you don't even notice it's happening. In times where you see a price rise of seemingly no news could very well be shorts closing their positions because their research led them to realize this company is on the road to recovery.
I digress. Given the most recent data and the multiple upcoming catalysts I am still very bullish on a GME short squeeze. My post from quite some time ago illustrated the importance of catalysts regarding a short squeeze, this is still very much the case. The first run was interrupted and the second run won't happen with magic, it requires a catalyst. Another post was titled For those who do not understand the inevitable GME short squeeze, was at the time "inevitable" because math. That is no longer the case. It is no longer inevitable but it is still possible.
I want to be clear: This is not nearly as close to a sure thing as it once was and it depends on a lot of different factors. One of the largest is the people. Granted, a lot of what's happening now is in the hands of institutions but millions of retailers holding their positions to the grave certainly helps the institutional buyers have more faith in their play to continue a squeeze.
SO WHAT DO I THINK
I think shorts certainly covered some of their positions, but not all. I also firmly believe a significant amount of short positions were opened on the way back down by both HF's and individuals. Some certainly positioned high, but based on sentiment, it appears a lot of people think GME is fairly valued around $20 (which I disagree with but let's use that for the time being). That would mean shorts would have no problem opening positions at 100,70,60, even $50.
42% is still very high which means a squeeze is inevitable so long as the company continues in a positive path. However, squeezes typically aren't as abrupt as people think. They are actually quite common, in fact another position I'm heavily invested in is SPCE and they have been going through a squeeze for several weeks and will continue to squeeze so long as news continues to be positive.
How would we get an abrupt short squeeze? A massive bull run. The new shorts that entered at lower levels wouldn't be too hard to catch, however, they are probably low volume, so when they buy to close, it won't be large enough volumes for massive peaks, but a bull run very well could lead to these lower tiered shorts closing, triggering a gamma squeeze. If gamma squeezes are made week over week then shorts at the higher end would have two options:
  1. Close early and take profits
  2. Wait it out because they are positioned so well that interest means nothing and they don't think there is any hope of us rising to those levels.
In the first case, them closing early would be a nice short squeeze to probably several hundred dollars, but it wouldn't break $1000.
To break $1000 we would need a big bull run to catch the shorts, trigger gamma squeezes, and keep momentum until they are caught and underwater. This is highly unlikely unless there is another global sentiment.
NOTE: ALL OF THESE ASSUMPTIONS I AM MAKING ARE BASED ON THE 42% REPORTING. IF IT IS IN FACT 78% THEN THE POSSIBILITY IS TREMENDOUSLY INCREASED FOR THESE THINGS TO HAPPEN.
SO WHEN DOES IT ALL END
My though is if by the end of March these catalysts were not enough to reignite the hype and squeeze, then it will essentially be over except in the case of a few circumstances:
  1. A VW/Porche moment occurs where a large buyer picks up a large portion of the company.
  2. Some other currently unknown catalyst appears seemingly out of thin air
  3. The data was in fact manipulated. Regardless of what the data says, if the shorts did in fact lie about their short int to take the fine over being squeezed, then they will be squeezed regardless.
It is quite possible, that these catalysts and moments aren't enough to force a squeeze anymore especially if the shorts have repositioned really well. I will retain the mindset that this fateful January 2021 was not a short squeeze. However, that does not mean it will ever actually happen.
SO WHAT IS YOUR PLAY HOOMAN?
Well, I am long on GME which is why I didn't mind hopping back in even at outrageous prices. I will continue averaging down and don't plan on selling for quite some time, probably several years. The reason for this is I believe in Cohen and his team to turn this into something unexpected and I imagine an eventual ROI. Once this is all said and done and I think either the shorts truly have covered or they simply got away with it (Beginning of April), I will be posting my DD for GME as a long play regardless of the squeeze mechanics.
Thank you all for joining me on this wild journey. I hope we can discuss some of these points in the comments like adults and truly try to grasp this wild situation we are all in. There are extremes on both sides from "get over it, the squeeze happened" to a cult like mentality on the other extreme. I hope through discussion we can find the moderate approach and further understand the market mechanics at play.
Thanks for your time
WARNING: Until the squeeze business is over for good, this is a very volatile and risky play. Joining now for the hope of a potential round 2 squeeze should only be done in a speculative manner with money you are willing to lose. This is more akin to a gamble than it is investing. I think the current market price is fair given the future prospects of the company but do your own DD, I will not be releasing any until this squeeze is put to rest.
TL;DR: I am still bullish on this scenario even at 42%, if it really is 78% then I am extremely bullish. There are a plethora of upcoming catalysts that could reignite the squeeze but even if none are powerful enough, with Cohen's new direction we could expect good news for quite some time forcing shorts to exit on a more spread out timeline.
Disclaimer: I am not a financial advisor. I do not wish to sway your opinion in either direction. I simply seek to examine this interesting and volatile situation via crowd sourcing. What you do with your money is entirely up to you.
submitted by daftmydaft to GME [link] [comments]

In 2017 I sold 100 BTC (and BCH) for 1.5M dollars USD – Some thoughts

Since we are in a bull run (the big one?) I thought I might share some reflections. I’m seeing a lot of newcomers (welcome!) as well as some sophomore types with questions, ideas, admonitions, and the like. Pull up a chair, I've been around these parts for a while. And if anyone starts in with the "but yr account is only 2 years old" bullshit... come on, use your head.
First off, as Ecclesiastes 1:9 states:
What has been will be again,
what has been done will be done again;
there is nothing new under the sun.
Over the last 7 years I have seen all these questions about what to do, these statements of selling, and others commenting how stupid and ignorant anyone who sells “right now” must be. People have called me a fucking moron for daring to part with some of my bitcoin, or argued with me that I don’t understand what I did. They are sad people (jealous? myopic? entitled? I still don’t know what they are trying to prove.)
Secondly: I’m certain a number of you will not believe my story. That is your right. I will not provide tx-id’s or any other form of proof. I just ask that you look at my post history and ponder – either this guy made up a story several years ago and stuck to it, posting every so often between /bitcoin and /financialindependence for magic internet points or maybe he is telling the truth. Seriously; if you doubt my story look at the post history and see if that helps, if not… so be it.
If you care about the deeper parts of my story, and the lively debates/admonitions/disbelievers check out my previous posts:
Short basics
More details / 1 year retired reflections
2yr retired reflections
Selling, Taxes, Coinbase
The story
I got into bitcoin back in 2013 or so, reading about it and really going down the rabbit hole. I am a scientist, and it is my nature to go deep on things of interest. One thing I learned in my graduate studies was “how to learn” (how to research). For you whippersnappers – that means more than Google and YouTube. So I learned, I read, I watched interviews, I set up a node, I mined shitcoins to understand how that worked (and traded them for bitcoin in the end.) Nobody I knew was into bitcoin, and nobody would listen to me about it. I tried to get my brother interested. I tried to get a tech friend interested. Both of them agreed it was “interesting” but not enough to acquire any bitcoin (this was around the time of bitcoin being just under $1k, before it dropped for several years post MtGox meltdown). So I carried on alone, with just the interwebs to console me.
In 2017 when bitcoin hit $4,000 or so, I sold 40 - enough to pay off my mortgage and cover my original costs to acquire all my holdings (avg sale price $4320). If bitcoin ate shit and died, I had a good ride, and had a paid off house to boot. I think it was a week or two later that it was $8,000. Then soon after it almost hit $20k and started dropping. I didn’t panic, but I woke up in mid-December and my brain screamed “don’t be greedy” to me. I listened to my brain and sold 60 BTC at around $15.6k each. Additionally, as I had my coins on Coinbase, when they opened trading for BCH in late December I dumped them within the first hour for around $3550 each. When all was said and done I had made somewhere near 1.5M USD.
If you have questions about how much I paid in taxes, how I moved the money, if my bank gave a shit (spoiler: they did not) etc. it’s covered in this post with details asked in the comments. You also get to see people tell me I am wrong, so there’s that fun as well.
I kept the rest of my BTC, and watched the price shrink down over the next couple years. I wondered if I had made a mistake by not cashing out, missed my “big chance for maxxx profits” or whatever, but it didn’t really matter that much because a few months after I made the initial money and paid my taxes, I fucking retired. Yes, as of almost 3 years ago, I retired. It wasn’t only because of the bitcoin – I had saved money, had a 401k, and an IRA. I was on my way to a modest retirement somewhere in my 50’s or so if I wanted it, but then BOOM, I had a huge nest egg, a paid off house, other savings, and additional bitcoin for the future. Cool. kthxbye work world!
I have spent the last 3 years leisurely pursuing my own things like art and music, woodworking, collage, gardening along with sleeping in and lots of meditation and porch dwelling. There have been several small tragedies in my life since then (parents in poor health, for one) and so I have been able to tend to that more so than I could if I was working. Being retired has given me so many options and so much control over my life. I love it.
Some of you might be thinking something along the lines of - Now here we are…bitcoin is worth $40k so roughly speaking this guy (me) “lost out” so far on about 2.4M after taxes. There’s also the fact that if I had kept working these last 3 years I would have additional income/savings that I could have invested so let’s round up to 3M after taxes, assuming I sold the 100 BTC now and the BCH immediately (I’m not a fan, and actually am surprised it didn’t die). How do I feel about losing out on $3M (and counting)? Honestly, not particularly bad.
Here’s the deal – when you get to a certain point in your net worth, where you can cover your costs for your lifestyle and more (and this number is different for everyone, for me I’m really chill, so no lambo interests) the money sort of converts itself into a score like on a video game. I can look back and think “oh man, 3 million fucking dollars more! Oh shit!” but do I lose sleep over it? No. Do I kick myself? Not really. My score is lower than it could have been… but in return, I got to help a friend die peacefully, I helped another friend pivot his business, I moved to a new city and bought a cool house (still own the old one as a rental, but maybe not for much longer), and I get to wake up every day and do exactly what I want to do (minus covid issues). It’s really nice to be out of the rat race. It suits me well. I know now that I could have made more - but at the time I had no clue, and there is something to be said for the comfort of the sure thing.
My base take is this – we only have so much time on this planet, and I’d like to maximize my control (vs. my wealth) as much as possible. It would be hard to imagine reliving the last 3 years with a full time job, and I don’t care to dwell on what might have been. I hit my retirement number (1.5x my number + remaining BTC) and GTFO of the system. That money has grown in the funds I put it into, and I never touch principle. My remaining bitcoin became and remain gravy and I plan on hodling until it doesn’t make sense anymore. My advice to all of you is to do your research, know your game plan for selling (I didn’t really have a solid one, honestly), be excellent to each other, and live that life. Ignore the noise – from nosy people in internet forums, from grouchy jealous jerkoffs, etc. This is your deal.
I’m happy to answer any questions. Hope you found this interesting.
submitted by FIRE_and_forget_it to Bitcoin [link] [comments]

AITA for not giving my cousin a PS5?

I managed to purchase a PS5 on launch day. I fought off the bots and after furiously clicking on the refresh button countless times. Eventually I managed to secure one set. I was really happy to get it and was posting about the new features and the games I was playing on it.

Recently, we had a competition where if you did some tasks, you had a chance of winning a PS5. The tasks were pretty simple so I entered anyway. A few weeks later I received an email telling me that I won!

I didn't actually think I would win so I didn't have any plans on what to do with it. I thought of giving it away but seeing how high the prices are for the console, I was tempted.

I posted about it and asked if there were any takers. My aunt saw my post and told me that my cousin has been asking for one a really long time. She asked me if I could give him the console instead. I told her that they're going for alot higher than the retail price at the moment and I can't just give it away.

She said I was being selfish and I already had 1. She told me I could just keep the new set and give him the old one. I was pretty firm and told her I'm planning on selling it.

A few days later she called me up and told me she wanted to buy it from me but at $300. She said I would still be earning some money and since it was free, it should be enough. I had several offers at the price I listed so it was really hard for me. I explained that people were offering much higher than her and no one would offer any discounts for a brand new set now.

She lashed out at me for a really long time. Said that I was throwing family out the window for money and that my cousin would be extremely disappointed. She asked me why I even joined a competition for a PS5 when I had one and deprived someone else of it.

My aunt is a single mum and I know they aren't doing too well financially. I know that they definitely wouldn't be able to afford buying it at retail price. By not giving/selling it to them, my cousin will probably not be able to get one anytime soon.

I have a really good relationship with my cousin and I know it would have meant alot to him but being able to earn $600-700 more is quite a significant amount.
submitted by giver-of-playstation to AmItheAsshole [link] [comments]

New GME member orientation before blast off: The squeeze has not been squoze (💎🙌 = 🚀🚀🚀)

This is a compilation DD for you new simps out there trying to become chad GME investors and grow 1/1000th the dick that DeepFuckingValue has. This post will cover the basics of how we got here and answer some of your simmering questions that I see flooding daily discussions.

TLDR: Hold the line and buy the dip give the glorious finger to these greedy corporates. Remember 💎🙌 = 🚀🚀🚀🚀🚀🚀🚀🚀

GameStop History Lesson:

tldr: GME bumbles about like a senile boomer and dabbles in terrible bets. Turns into undervalued stock with cultural significance, gets picked up by Big Dick Burry and Ryan Chewy Cohen.
GME is a childhood dream that turns any grown man into an autist as soon as he walks into the door. Now due to our Lady Rona (covid), a bunch of past Boomer business decisions (GME fucking bough 507 AT&T stores in 2014, not pivoting into omni-channel, largely misssing the gaming industry explosion, and a CEO who prides himself on brick and morter Advance auto parts, Best Buy, Target, Home depot) GME by and large was shitting the bed as investors thought of this company as neglected mallfront with dwindling clientele.

In comes Michael big dick Burry
With the stock trading at $3.78/share in August 2019 investers were sure it was finished. But here's where it gets interesting. With big dick energy seemingly out of no where Michael Burry (yes that dude in the Big Short who seems like a fellow autist) buys 2,750,000 shares or 3.05% of GameStock. In his actual letter to the board (yes I dug it up so you can read it as well) he describes the thought process for the purchase bullets below.

(Taking a break to say, it's not too late the squeeze has not been squoze oblig 💎🙌 = 🚀🚀)

Ryan mega dick Cohen writes a letter
Then in Nov 16th 2020, Ryan Cohen comes in swinging and tears a new one to the board members of GameStop. For people who don't know who Ryan Cohen is, he stuck the finger to Amazon and built a digital e-commerce site) (wiki link) for fucking dogs and cats into a $3.35 billion entity by 2017. Keep in mind that he submitted a Schedule 13D to purchase 121,644 shares at $6.56 per and 163,030 at $8.63 - that's a 10% stake (yes, I've also dug the original Schedule 13d using google). Now Ryan's letter reads like a solid talking down that might rival the Queen - looking at you TheCrownNetflix, AskUK.
I've included Ryan's letter to the board but will bullet point paraphrase below for you folks still on Yahoo or Ask Jeeves.

Ryan mega dick Cohen and team join GameStop board
In January 2021 Ryan Cohen, Alan Attal, and Jim Grube join GME's board. Now for those of you in the bread line or living at your wife's mothers house playing DnD with her boyfriend, board changes are big news. These board members have the power to make multiple grown men cry, fire CEOs like it's nothing and change a companies strategy sometimes for the better and sometimes for the worse.
With Papa Cohen coming onboard and his squad of Chewy troopers, it's likely that we are going to soon see a pimped out GameStop that will make you name your first born "GME". Now I'll let you do your own digging and reading but here's just some of the GME DD on it's future potential (link to DD on some of GME's possible pivots, One DD to rule them all)

The squeeze has NOT been squoze:

There is still time for you to convince your wife's girlfriend to lend you money to buy GME. The squeeze has not been squoze and likely wont until we see the type of eruption that accompanied belledelphineXmas leaks (yes that sub is NSFW).
Side note on the Squeeze, GME is still massively over shorted at estimates from 130-300% and counting. The important thing to know is that these greedy bastards took multiple short positions on a single stock (naked) and essentially bet that GME was going to go down.
https://financhill.com/most-heavily-shorted-stocks-today (249.67% Shorted)

But what happened on Thursday/Friday?
Gamma squeeze. Short and simple. Now you can read some other DD about what a gamma squeeze so I wont dive into it too much.
It was not the squeeze. Market makers needed to rush to fill calls that were In The Money. This prompted these market makers to buy up stock in the off chance that they needed to actually sell them to degens who were actually betting that GME would blow it's sweet load at 60 and now at 150 lolz. This pared with the low stock volume on the market makes for high volitility on a per stock basis. Here's some DD links talking about what a Gamma squeeze what we witnessed was that.

Ok MallCop2020, but when will it Squeeze? (when it does squeeze it may squeeze multiple times)
Thanks to fellow autist u/tsukune_surprise (and no, CNBC I don't even know this person - they could be a robot or even a fucking dog with a cybor implant IDK!) BUT I love their DD for the MOASS (Mother of All Short Squeeze). Short answer is that it could be this week, could be next but it's hard to say when the big banks are using dirty tricks like naked call ladders, actual bail outs lolz. (Fresh DD from another internet stranger on GME EndGame Part 3)
EVERY SINGLE indicator shows massive upward momentum on GME.
GME momentum is going to create a massive upward feedback loop. The combination of options gamma squeeze, available float, and short interest makes it impossible for shorters to escape.
Normally, shorters deep underwater could hedge their losses by buying call options.
But buying call options decreases the float and the only tightens the squeeze. It’s like fighting against quicksand for the shorters.
This GME squeeze is going to be historic because of the compounding effect of options and short interest.
This could be bigger than the VW/Porsche infinity squeeze. But it’s completely different from VW – so don’t draw too many comparisons.

Okay, I've asked my wife's girlfriend nicely and now have $1k...
Buy fucking shares. No legit, support your random internet brethren (who don't know each other) and buy shares of GameStop. Every share you buy bleeds money from Citron and Melvin.
Here's an explanation from u/robert1032010 a Hedge Fund Manager on the current short position within GME: (A hedge fund managers perspective on GME)
The short positions of this issue appears (although I can't be certain) to exceed 100% with all available shares already lent out from marginal accounts and probably a lot of naked shorting going on as well. Although I don't yet have the current data on todays short position, I can say for certain the stock remains very heavily shorter, perhaps more so now than at any previous time. Today, I called my broker asking about the availability of shares to short and the borrow costs. We have one of the larger accounts at our brokers firm and I was able to speak directly to the "hard to borrow" desk. No borrowable shares are available at any broker, anywhere, at this time, even for high borrow costs or even from other brokers. This extreme short against a small common float, made more extreme no-doubt by naked shorting, could end very poorly for those short this issue. As they are forced to close out their positions, the stock will continue to rise and continue to exacerbate the positive effects the rising price has on the above 4 issues.

Lastly, this is not financial advice; do your own DD. I'm holding $20k at $100/share and yes, I still fucking believe that the tendieman will come and rain tendies.
Oblig:
💎🙌 = 🚀🚀🚀🚀🚀🚀🚀
submitted by mallcop2020 to wallstreetbets [link] [comments]

Free Ignis Wraith Supply Center

Free Ignis Wraith Supply Center

https://preview.redd.it/umwe2e78gj961.png?width=1075&format=png&auto=webp&s=88eb53f42a3f1baf58c220255bb1d204d2ab695e
Yes this is still going and will always be going. These are the new rules Ignis Wraith will forever be 0 plat as the Syndicate Community's gift to the Warframe Community.

Yes we see you Ignis scammers mass downvoting and manipulating the forum mods to take down the post we had there. You cant stop this no matter how hard you try the price is 0p live with it.
How to participate (now formatted to help you better skip the parts that do not apply directly to you.)
To get just your personal batch of 6
  1. Go to discord.gg/syndicate.
  2. Click #discord-role-setup on the center popup.
  3. Click the #9 reaction (this grants you the Ignis Wraith Comrade role which gives you an easy to use trimmed version of the our server).
  4. Go to #ignis-wraith-supply-center under the Management category.
  5. When you are online to receive a batch type your in game name and your MR. MR is because you must be MR 9 to obtain the Ignis Wraith we do not make this rule DE does. Please feel free to come back when you reach MR 9 if you are not yet there.
    1. Please refrain from other discussions in this channel such as casual greetings, this channel is business oriented the less unrelated spam it has the more people we can rely on to not mute the channel.
    2. Players on consoles other then PC will take a significant time until responded to as we do not yet have a discord for any console clans.
  6. Wait this may take a while for someone to contact you but you will be contacted.
  7. In game supplier list also available at the bottom of this post for those that wish to try this without discord these players have vowed to supply Ignis Wraiths. This is likely the harder method but for those that dislike discord the option is available.
    1. Players interested in joining this list please comment your in game name, platform, and "join list".
To become a supplier by purchasing a large batch of Ignis Wraith from our dojo this is very credit intensive, new players please use the instructions above, this is not your section.
  1. Go to discord.gg/syndicate.
  2. Close out the pop up welcome screen.
  3. Go to #requests-of-officers.
  4. Type your in game name, MR, and "Become Ignis Wraith Supplier".
  5. Wait this may take a while for someone to contact you but you will be contacted.
  6. Once you have received your Ignis Wraith supply you have no obligation to the server or clan and are free to leave as you wish.
Utilize your supply of Ignis Wraith to support this process
  1. Go to warframe.market And post 1000 of them at 1p this helps people who do not find this Reddit post and our server get them.
    1. When you give out a batch of 6 using this method mark those 6 as sold on warframe.market to improve the price accuracy of the graph.
  2. Go to discord.gg/syndicate
  3. Click #discord-role-setup on the center popup
  4. Click the #9 reaction
  5. Go to #ignis-wraith-supply-center under the warframe category
  6. Simply watch the channel for people requesting Ignis Wraith. Use the :Inprogress: react to signify you are getting it. :approved: to signify You have completed the request, :unavailable: to signify they where not able to respond to your DM's, and :denied: to signify there is a reason they can not get an Ignis Wraith.
  7. When possible give players 6 Ignis Wraith instead of 1, this encourages supply saturation they will be able to give their 5 friends or clan mates an Ignis Wraith saving our supply chain the trouble.
How to Distribute your 5, bulk stack, or clan supply
  1. Go to warframe.market and place a sell order for 1p.
    1. Make sure to open warframe.market before each play session to ensure it registers you as logged in.
    2. When someone contacts you via warframe.market to buy please mark a "sold" unit for each Ignis Wraith you gave them to help influence the price chart.
  2. Post WTS orders in trade chat for free Ignis Wraiths.
  3. Watch either our discord channels #ignis-wraith-supply-center and use the servers :approved: react when you handle someone for us, or ask your warlord to forward the channel to one in your server.
  4. Set a trade chat filter for "Ignis Wraith" and respond to people wanting to buy it by offering it for free.
Alright guys now that we have clear cut instructions its time for all the unimportant sappy stuff.
New rule same as the old rules:
Last time we published this we had people go out of their way to DM and harass people who sell Ignis Wraith for plat. Yah don't do that Do not get yourself banned over those fools. Just put them on ignore list to deprive them of any sales from you in the future and call it a day. If you really wanna spite them set trade chat filter to "Ignis Wraith" and post "WTS Free [Ignis Wraith]" immediately after each of their sale posts that is the furthest you should take it.
Why we do this:
There are a lot of good reasons to do this. The big one is simply giving back to the community that has made the Syndicate clans so successful. We know the stigma of large clans evil, large clans don't love their members. The community has done a great job of looking past that stigma to recognize the efforts we make to make every player matter. Today we extend making every player matter past our own community walls and to all of you. It has always been Syndicate clans policy to never charge a clan member for Ignis Wraith, we are simply extending that policy to the community. And now a few additional reasons to do this.
  1. Fuck scammers charging 15p for this.
  2. Supporting newish players during Warframes historical low point.
  3. Pride's massive ego requires constant approval from all of you.
  4. We do not need to be a guide of the lotus or a partner to help the community. We need only to identify what we have that others do not.
Rules blame DE for most of them:
  1. You must be MR9 to collect (DE rule).
  2. Must have 2FA account security (DE rule).
  3. You must accept 6 of them and pledge to distribute 5 for free (My rule).
  4. You will need 12,000 credits for the system wide trade tax and 0 credits for clan tax (DE rule).
  5. You will need to place any random item for trade we suggest ammo box its more worthless than an opinion (DE rule).
Players to contact for Ignis Wraith without visiting a discord
PC Suppliers
  1. RaddyRoach
  2. Funky_Ducky
  3. Nacnud1
  4. jackalope33
  5. .Raf
  6. Theguyver
  7. Truenerge
  8. TinyMemeLord
  9. thedude0000
  10. MuggyBG
  11. Atilla0076
  12. LeakingAmps
  13. KaiWingless
  14. Violence
  15. James_Skyminer
  16. ...huh
  17. LupaChalupa
  18. Rebore
  19. jazz
  20. Krugsmash
  21. DarkGamerZero
  22. eragonawesome
  23. ckae84
  24. TheLastCrazyPerson
  25. Lust
  26. Opyt
  27. TheodanePrime
  28. Leogaz
  29. Animisty
  30. Itztaytay
  31. FlameisTired
  32. Effion
  33. xomp
  34. Blue
  35. Naefu
  36. CortezTheConqueror
  37. DrLego
  38. Red.
  39. ThePurpleGuyCZ
  40. RawBeard
  41. xtrm_
  42. Lyrinux
  43. -The-Duck-
  44. Penguinbuddy91
  45. DeaconCuff
  46. MarkasLin
  47. OmegaForce
  48. Retvik
  49. RestInPizza
  50. Lu_Zanth
PS4 Suppliers
  1. Xenneth369
  2. TookSick
  3. metroid23
  4. TheSinhound
  5. Kakurine2
  6. BiscuitsJoe
Xbox Suppliers
  1. ExoSin
  2. Vulcan XBL
  3. DEO WOLFHART
  4. FRICKEN PERSON
  5. bongheadbaz09
  6. Micha Hana Park
  7. Sweatlock
If you would like added to the direct PM list please ask for it in comments, Once we have 50 players per platform I will start crossing out the lowest names on the list, If you are already on the list and would like moved to the top please respond as so in comments.
submitted by Warframedaddy to Warframe [link] [comments]

Learn from my mistakes. I got a job, but it took me a year, 1100+ applications, and failing 11 final interviews. Here is what you don't do while job searching.

Sure, there are plenty of posts from people who applied to a job and got an offer 30 seconds later. Good for them. But if you're on this sub, you're probably running into more difficulty. I did. Job hunting these days is inherently pretty hard, but there are plenty of things I did wrong during my job hunt that could have saved me time and trouble. I'm a 35 year old in product marketing in the bay area, so this advice may or may not apply to you.
Most of this advice is not new, you may have seen it elsewhere. Well, HEED MY WORDS! You should take that advice.
Here are my don'ts of job hunting:
e: Here's the real #1 piece of advice because someone brought it up in the comments: Don't Not Have A Network. The main reason I had such a hard time was I moved to a new city where I didn't have a professional relationship with ANYONE. I think if you're applying without a friend on the inside, it reduces your odds by 80-90%, based on random factoids we've all seen that say 80% of jobs are never posted publicly.
I went to networking events and coffee meetups and blah blah blah, but COVID put a stop to that before I could make much progress. The biggest piece of advice (by far) is just to have a friend who can get you a job. But if you're reading this, you would have done that already if you could have.
Don't try to get by without doing the standard "best practice" stuff.
I spent a while thinking I could get away without making a customized resume for different jobs. I also thought I would probably have the right keywords naturally, and that I didn't have to worry about that either. WRONG. I wasted many weeks submitting poorly optimized resumes and getting few interviews.
What you should do is have at least one version of your resume customized for each job title you're applying to. That means if you're applying for Sr. Widget Fiddler and Director of Widget Fiddling, you need 2 versions.
Keyword optimize each resume version by copy-pasting 50+ job descriptions for that job's title into a tool like Voyant Tools, which will spit out all the most common words and phrases. Find the most frequent ones that seem important and relevant, and work them into your resume, even if it seems weird to refer to yourself as a "team player" or "entrepreneurial".
Don't be bad at interviewing, not even a little bit bad.
Being a good interviewee is a skill. Most of us aren't born with that skill, and most of us are rusty when it comes time to look for a job. I knew I wasn't great at interviewing, but I really didn't want to go through awkward practice interviews with friends, so I told myself people would understand why I was all nervous, and realize I was still super talented and experienced despite my 'rough edges'. WRONG. I blew it on a lot of interviews before admitting that I had to practice, a lot. I did a bunch of practice interviews, got feedback, and I even talked to an interview coach. The latter was expensive, but I think the dose of outside perspective really helped. YMMV.
I practiced enough that I started getting to final rounds instead of washing out in the first couple rounds. It made a huge difference. Practice.
Don't wing it during the interview.
For 'behavioral' questions (i.e. "tell me about a time when..." questions) everyone says you need to have multiple answers memorized for every major category of question. Ugh! So much work. Greatest weakness. Success story. Failure story. Conflict story. Collaboration story. YAWN. I thought I could come up with good answers on the spot. It's "supposed to be a conversation", right? WRONG. I blew it on a couple interviews before realizing I was coming across as both unprepared AND inexperienced.
Sit down and work out your bullet points for every answer, BEFORE you land an interview. Pain in the butt? Yes. But not as big a pain as getting an interview, blowing it, then ending up doing the work anyway.
Don't apply to old job listings.
If it's still up, they're still hiring, right? WRONG. I have found that job listings are good for about as long as fresh bread. You mostly want to apply the day they're posted, 2-3 days is OK, 5 days is pushing it, beyond that, it's literal trash. I started out applying to anything relevant that was less than a month old, and my app-to-interview yield was around 1%. Started applying to new listings exclusively, and my yield went to more like 3%. YMMV.
Don't apply to listings that aren't on the employer's own site.
It's become disturbingly common for 3rd-party sites to steal and re-post job listings they have nothing to do with. You click on a link on LinkedIn or Indeed, and you end up on Neuvoo or some random BS. Don't submit any of your info on those sites. Very often the jobs are expired already, but these 3rd-party scammers are still re-posting them to steal your info. Even if they're not expired, there's no reason to think they actually send your application to the employer.
If you land somewhere unexpected, go to the employer's actual careers section on their site and find the listing yourself. Otherwise you're just giving your info to someone to sell, and the employer probably never sees it. Please report these listings as you go.
Don't be too picky with job titles.
Unless your resume precisely "fits the profile" employers are looking for, you're going to have to apply a lot. I had to apply a lot. At first, I was exclusively applying to one title, because although I didn't "fit the profile" I didn't want to compromise. I ended up getting a really solid job with a different title, after I loosened my criteria JUST a tad.
Have a serious talk with yourself about how many months you're willing to apply before broadening your search, and don't talk yourself out of good jobs because they have the "wrong" title.
Don't be too loose with companies you apply to.
At a couple points in the process, I ended up with interviews at companies that I seriously didn't want to work for. I was playing the numbers game and I would apply to anything with the right title, even if I hadn't heard of the company. I figured if I got an interview, I would worry about the company later.
Difficulty: If you are on unemployment, this can lead to a sticky situation - if you turn down an offer, you legally can't collect unemployment anymore in many places. It's also pretty hard to justify to yourself turning down ANY interview if you actually need the money.
Have a loose idea of who the company is before applying, to avoid those awkward moments.
Don't stop applying until the ink is dry on your offer letter.
My advice is to apply to every suitable listing as soon as it's posted, which could be as many as 10-30 per day depending on your field and geography. If things are going well, you'll also have interviews going on during any given week, which also put heavy demands on your mental energy and prep time.
It is tempting to stop applying for jobs if you are doing multiple interviews and they seem to be going well. You need the time, and one of them has to work out, right? WRONG. It happened to me multiple times - I'd get further along in an interview process, I'd be focusing on prep, and I'd let my application routine slip. Bad idea. If your application pipeline runs dry, it can be another 2-6 weeks before the interviews start flowing again. ABA - always be applying.
Don't get your hopes up. (maybe the most important tip.)
Your mental resilience to rejection and your self-regard are finite resources. They are resources you need to conserve to maintain your overall mental health and good job-hunting habits. Job hunting can burn through these resources like Joe Exotic through a bag of meth. Don't be like me and get emotionally invested in any given job before you get an offer. Don't start picking out all the stuff you're going to buy with the new salary. Don't start thinking of what doors are going to open up for you with this step in your career. Don't mentally pick out outfits for your new commute. Just don't.
I consider myself a mentally tough person, so I should be able to handle the repeated rejection, right? WRONG. If you allow yourself to start caring about a job before you GET the job, you WILL be crushed to bits. Maybe not the first time, but after the 5th, or the 10th, it becomes hard to take.
To some of the newer job hunters I've seen on this sub: Caring about a job from the day you APPLY? Sheer lunacy. You shouldn't even remember where you applied by the time you go to bed that day.
Keep in mind: It's a numbers game. It's not personal. You WILL get the right job eventually, if you keep going. You have to maintain faith in yourself, but hold no hope for any particular job.
In emotional terms, treat it less like a poker game, (where any hand can be a big deal) more like a slot machine (where you care zero until you finally win). No matter how tough you think you are, take care to maintain your mental state, especially during COVID where so many aspects of life are also wearing down our mental health.
Don't be afraid to be a try-hard.
The role I finally got was based largely on a "take home project" used to demonstrate my working style. It was paid, also really long, the minimum suggested time was 10 hours. Usually I put 70% effort into trial projects, because I don't want to bust my ass for a throwaway, and I don't want to look desperate. My thinking is "Well, we're all professionals, so as long as I mention a few of the right things, they'll know we're on the same level, right?" WRONG.
On this one, I decided to go HAM on the project. All or nothing. I ended up putting over 20 hours into it, (the max time they suggested was 20) and came up with a total overkill amount of material, it was probably 20 pages worth, if not more. To give some idea, I spent like 4 hours just doing addressable market sizing, which everyone including me acknowledges is fairly pointless.
Part of the project was also to see how we communicate about our work - they put me on their company slack, so I logged onto it pretty much every day to update them on my progress. It was firmly in try-hard weirdo territory. But it worked!
So I guess my lesson from this is, if you're going to bother with these projects, be the one who turns in the blue ribbon material.
NB: Be aware of "free work" scams where they try to get you to do the actual job without hiring you for the job. If it's pertinent to the actual job and it's more than an hour or two of work, it should be paid. Unpaid trial projects that don't relate to the actual business are OK, but you'll have to decide for yourself how much time you're willing to put in for free.
Don't assume ***anything*** until it's final.
In 3 instances, I got much further than I expected in a hiring process, and in one I was blindsided by a rejection where I thought I was a shoo-in. #1, they interviewed me for the role (up to the final round) even though the job called for an actual engineer and I have zero engineering experience.
In #2, I blew an interview and got rejected. I knew exactly how I blew it, I got the yips and did poorly. So I sent an email reply explaining what I SHOULD have said, and that I really believed in the company's mission, and that I realize I was a poor interviewee, but I was working on it - they actually gave me another shot and I made it to the final round.
In the last unexpected twist story, they actually scheduled a final interview, then CANCELLED IT. I have been rejected for about a million jobs, but I've never been cancelled on. They said that instead of an interview, they would just review my trial project. I couldn't imagine cancelling an interview with someone you intend to hire, so I assumed this 'review' was just a consolation prize and the job was going to someone else. On the day the cancelled interview was meant to take place, they offered me the job. Huh???? Later that day I rode to heck on a flying pig and bought a snowcone there. But I also got a job.
On the other side of things, I was told directly I was the top candidate for a role, the only one who was really qualified, but because of COVID they were putting the role on hold. OK cool, I figured I was a shoo-in once they actually hired for it. Well, they re-listed the job about 45 days later. They didn't reach out to me. I messaged them. They told me I wasn't even going to get a phone screen for it. WTF? They lied to my face for no reason whatsoever? Yep. They did.
The lesson: Do not assume anything! ANYTHING!
submitted by the-incredible-ape to jobs [link] [comments]

GME Short Squeeze What Comes Next Part 3

EDIT: the post has been re-activated on stocks please comment there as it has the most traffic so I’m not jumping back and forth trying to respond. Appreciate everyone!
GME Short Squeeze What Comes Next Part 3
Hello all,
Before I begin I would like to address something I have been encountering on my posts in the comments section. I keep receiving some hate concerning my opinions and I want to be crystal clear that they are just that; opinions. I also want everyone to know that is is meant to be a dialog. I am not trying to pump this stock because truthfully, this goes far beyond us retail investors at this point. What I want is a dialog between all sides to examine this truly fascinating phenomenon that is occurring.
I would also like to clarify something, I am not a bagholder. I do currently hold bags because I own 336 shares at a $194.34 cost basis, however, that total amount is house money that was used from my profits on the first go around.
I also understand some people are tired of hearing about this because it's the same regurgitated form of someone else's post as it keeps circulating in an attempt to retain hype and drive future buying; this is not what this post is about. As investors and individuals involved in the world of finance, this situation should absolutely intrigue us whether or not we are involved. I am here to present my logic on the situation but encourage healthy discussion and debate.
This brings me to my first claim. This is not over. Now, I am not claiming that a squeeze will still occur, I am simply claiming it is not over, for better or for worse. Several things need to take place for this to be completely over, at which point I will either post my gains or my losses from the adventure.
When I say "it" I am referring to this entire phenomenon, not one short squeeze. I do not think these events, "it", is over. This is largely due to retail and institutional purchasing not really changing all that much since we found the bottom and established support at a staggering $60. This support was lost today and found new support at $50. There was very interesting ATH action and I'm not sure what to make of it.
Millions of bag holders (not just WSB) are still holding and in fact, averaging down, thereby purchasing more. These same bag holders are absolutely refusing to sell for such massive losses and in turn are becoming long term investors on the stock if another squeeze isn't to occur. People are picking up speculative positions in the off-chance of another squeeze. Others are determining this as a fair value for the company, not fundamentally, but based on the future prospects of Ryan Cohen and team. Finally, it is nowhere near leaving the global stage with important upcoming dates that we will discuss later.
To examine why it isn't over let's look at both sides of the argument:
  1. Bulls claim it's not over for many reasons that you can find in the hundreds of other bullish posts, so I won't bore you with those details. My argument on the bull side is more along the lines of what I listed above.
  2. Bears claim it is over because there was a 2250% price increase over the course of two weeks, therefore this must be a short squeeze.
I think we can all agree, bear or bull, that something happened. A 2250% increase certainly isn't nothing. The question is...what? I see several possibilities and would like to discuss them in the comments.
  1. The shorts in fact covered and this was a short squeeze.
  2. The shorts partially covered and this was a partial short squeeze, but the price increase was mainly hype and gamma squeezes.
  3. The shorts didn't cover anything and this was a globally hyped price increase in conjunction with several gamma squeezes.
  4. Some combination of the above 3.
First, the data:
Based on morningstar the short interest is showing 78.46%. Now, I think the website is having some issues storing cookies because it will show the outdated 226% unless you open it up in incognito.
Market watch is showing 41.95%
This spread is interesting for sure, my thoughts are some of these calculations are including "synthetic longs" introduced by S3.
It is extremely possible to manipulate these numbers via illegal methods and even legal methods using options. Please see this SEC document to explain how this would work. I am not trying to convince anyone to fit my narrative, but these things occur far more commonly than one would expect. The reasoning is because the fines for committing the crime are far less costly than letting the event take place. Please see FINRA's website for the long, and frequent list of fines being dealt out due to manipulation. A common culprit? Lying about short volume.
Let's use the absolute worst case scenario being reported of 41.95%, which mind you is still extremely high for one stock:
The shorts in fact covered and this was a short squeeze
What's interesting here is even if the shorts 100% covered all of their positions, they very well could have shorted on the way back down. Why wouldn't you? It would be insane to not open a short position when this hit nearly $500 especially if you lost half of your companies money; what better way to get it back? For the remainder of this thesis, I will be assuming that some of the short positions that exist are newly opened positions at a higher price unless someone has a counter-claim as to why that wouldn't be possible/probable.
That would mean 226% was covered on the way up and another 41.95% was reopened on the way back down. Based on the volume and price changes throughout the past two weeks this simply doesn't pass the math check.
The shorts partially covered and this was a partial short squeeze.
Again, using 41.95% this is highly likely and the most reasonable case. Some, probably the worst positions, were covered on the way up.
I think this is precisely what happened, we had some partial shorts covering but for the most part it was gamma squeezes, hype, and FOMO whereby the price started climbing so rapidly it became smarter for the shorts to just wait out the bubble than to actually cover all of their positions.
Again, we fall into a "what-if" scenario regarding shorting on the way back down.
The shorts didn't cover anything and this was a globally hyped price increase in conjunction with several gamma squeezes.
This scenario does not pass the math check using the 41.95% figure.
If the data is being manipulated then this becomes very interesting because if some of the worst positions are still open then that means all of these HF's losses that were reported were strictly interest and they are simply waiting this out for as long as it takes making back their losses on their newly opened short positions in t $300-$400 range.
Sadly, this puts us in the guessing range yet again. We can do the math and see it's possible this scenario exists, however, we would be comparing it against losses reported by the entities that were being squeezed.
There are way to many what-if's for me to me consider this a possibility, but I can't write it off completely.
Some combination of the above 3.
Truthfully, this isn't worth examining just yet. There would be far to many "what-if's" to address, this is something that could be address at the later dates that we will get to shortly.
Now, I've heard it a lot regarding the 02/09 data. "It's two weeks old". Well, that is always the case. The FINRA short data is always two weeks old and suggesting that we can't pull any information from it at all is asinine. Where it gets quite murky, is the data includes 01/27 information. This was a day unlike any other in this saga.
I will take this moment to address the following upcoming catalysts and when I truly think this will be done; one way or the other.
Today's data 02/09, was very important because if it showed an extremely low percentage then we know shorts have exited and did not re-enter and this is completely done. Given the data does not reflect that, we now must turn to several events that could act as catalysts for either a further squeeze or a complete shutdown.
02/15ish - In my last post, I discussed the Failure To Deliver (FTD) conundrum. I do need some help figuring out the exact expiration date. From here "The close-out requirement states that a participant of a clearing agency needs to take immediate action to close 4 out a fail to deliver position in a threshold security that has persisted for 13 consecutive settlement days by purchasing securities of like kind and quantity."
I am missing two pieces of information to answer this.
  1. Does the 13 day countdown begin after T+2, or are those two days counted in the total number?
  2. Are settlement days business days only?
Depending on the above information, starting at 01/29 we are looking at these possibilities:
  1. If T+2 is not included and weekends are: 02/15
  2. If T+2 is not included and its business days only: 02/19
  3. If T+2 is included and weekends are: 02/13 (Saturday)
  4. If T+2 is included and its business days: 02/17
The exact date is slightly irrelevant because I highly doubt all of these FTD's are going to deliver on the same exact day. This site, while it isn't an official channel seems to be doing a good job of tracking data. If you want to learn more about FTD's and the implications there please visit that site or review my last post which has links to follow for further reading.
02/18 - Keith Gill aka u/DeepFuckingValue will testify before congress and Robinhood CEO Vladimir will be attending. This can go several ways which can lead to an SEC trading halt on GameStop or with evidence that proves foul play occurred. Who knows? It will certainly be interesting and I don't even to speculate on the market reaction to this even because it could go a ton of different ways; it will be an important date nonetheless
02/24 - The next FINRA short interest information will be made readily available to the public. This will be far more interesting and helpful information because it won't include the insane volatility of January, but it will also highlight the newest short positions. This data will help further drive where I think this is all going to end. It's possible that shorts opened new positions at $50 thinking it was going back to $12. Let's not speculate too much here either, it's just another dataset that will bring light to the direction this is headed.
03/25 - GameStop ER. This is big too for several reasons. First, this will include the console sales cycle which historically has done well for GameStop. A typical buy the hype, sell the news event. It will be interesting to see how the market reacts leading up to this ER, maybe people won't even touch GME leading up to then due to the recent volatility, but if they do, and if there is still a lot of short interest, this too could force shorts to begin covering. Another critical part of this ER is Ryan Cohen. This will be the first time this new board addresses the public with their plans for the future and for the first time since this entire adventure began, the "dying brick and mortar" narrative will finally begin to change in the public eye. That is still the common misconception regarding GameStop, that it is a dying brick and mortar retailer where nothing has changed. This hasn't been the case for around 6 months now, but this will be the first time it is publicly address. The headlines surrounding GameStop's future plans will be very interesting to read and the markets reaction will be far more interesting.
I have been asked a lot what my PT is and when I expect the squeeze to happen, but let me be clear. Very seldom do squeezes "just happen". In fact, short squeezes are far more common than one would think, they just typically happen over months, if not years and the shorts cover on dips so you don't even notice it's happening. In order to force a squeeze, you need to hold a decent amount of shorts underwater. Soon one will crack and start closing their position, this leads to a series of shorts closing their positions skyrocketing the price until more and more shorts need to cover. This is rare.
I hope this narrative of purchasing heavily shorted companies comes to a close soon because a lot of people are going to lose a lot of money simply buying up companies because they are heavily bet against. Catalysts and massive changes need to occur like overhauling your entire business as is the case with GameStop.
Normally, shorts will close their positions one at a time, covering on dips and you don't even notice it's happening. In times where you see a price rise of seemingly no news could very well be shorts closing their positions because their research led them to realize this company is on the road to recovery.
I digress. Given the most recent data and the multiple upcoming catalysts I am still very bullish on a GME short squeeze. My post from quite some time ago illustrated the importance of catalysts regarding a short squeeze, this is still very much the case. The first run was interrupted and the second run won't happen with magic, it requires a catalyst. Another post was titled For those who do not understand the inevitable GME short squeeze, was at the time "inevitable" because math. That is no longer the case. It is no longer inevitable but it is still possible.
I want to be clear: This is not nearly as close to a sure thing as it once was and it depends on a lot of different factors. One of the largest is the people. Granted, a lot of what's happening now is in the hands of institutions but millions of retailers holding their positions to the grave certainly helps the institutional buyers have more faith in their play to continue a squeeze.
SO WHAT DO I THINK
I think shorts certainly covered some of their positions, but not all. I also firmly believe a significant amount of short positions were opened on the way back down by both HF's and individuals. Some certainly positioned high, but based on sentiment, it appears a lot of people think GME is fairly valued around $20 (which I disagree with but let's use that for the time being). That would mean shorts would have no problem opening positions at 100,70,60, even $50.
42% is still very high which means a squeeze is inevitable so long as the company continues in a positive path. However, squeezes typically aren't as abrupt as people think. They are actually quite common, in fact another position I'm heavily invested in is SPCE and they have been going through a squeeze for several weeks and will continue to squeeze so long as news continues to be positive.
How would we get an abrupt short squeeze? A massive bull run. The new shorts that entered at lower levels wouldn't be too hard to catch, however, they are probably low volume, so when they buy to close, it won't be large enough volumes for massive peaks, but a bull run very well could lead to these lower tiered shorts closing, triggering a gamma squeeze. If gamma squeezes are made week over week then shorts at the higher end would have two options:
  1. Close early and take profits
  2. Wait it out because they are positioned so well that interest means nothing and they don't think there is any hope of us rising to those levels.
In the first case, them closing early would be a nice short squeeze to probably several hundred dollars, but it wouldn't break $1000.
To break $1000 we would need a big bull run to catch the shorts, trigger gamma squeezes, and keep momentum until they are caught and underwater. This is highly unlikely unless there is another global sentiment.
NOTE: ALL OF THESE ASSUMPTIONS I AM MAKING ARE BASED ON THE 42% REPORTING. IF IT IS IN FACT 78% THEN THE POSSIBILITY IS TREMENDOUSLY INCREASED FOR THESE THINGS TO HAPPEN.
SO WHEN DOES IT ALL END
My though is if by the end of March these catalysts were not enough to reignite the hype and squeeze, then it will essentially be over except in the case of a few circumstances:
  1. A VW/Porche moment occurs where a large buyer picks up a large portion of the company.
  2. Some other currently unknown catalyst appears seemingly out of thin air
  3. The data was in fact manipulated. Regardless of what the data says, if the shorts did in fact lie about their short int to take the fine over being squeezed, then they will be squeezed regardless.
It is quite possible, that these catalysts and moments aren't enough to force a squeeze anymore especially if the shorts have repositioned really well. I will retain the mindset that this fateful January 2021 was not a short squeeze. However, that does not mean it will ever actually happen.
SO WHAT IS YOUR PLAY HOOMAN?
Well, I am long on GME which is why I didn't mind hopping back in even at outrageous prices. I will continue averaging down and don't plan on selling for quite some time, probably several years. The reason for this is I believe in Cohen and his team to turn this into something unexpected and I imagine an eventual ROI. Once this is all said and done and I think either the shorts truly have covered or they simply got away with it (Mid March-ish), I will be posting my DD for GME as a long play regardless of the squeeze mechanics.
Thank you all for joining me on this wild journey. I hope we can discuss some of these points in the comments like adults and truly try to grasp this wild situation we are all in. There are extremes on both sides from "get over it, the squeeze happened" to a cult like mentality on the other extreme. I hope through discussion we can find the moderate approach and further understand the market mechanics at play.
Thanks for your time
WARNING: Until the squeeze business is over for good, this is a very volatile and risky play. Joining now for the hope of a potential round 2 squeeze should only be done in a speculative manner with money you are willing to lose. This is more akin to a gamble than it is investing. I think the current market price is fair given the future prospects of the company but do your own DD, I will not be releasing any until this squeeze is put to rest.
TL;DR: I am still bullish on this scenario even at 42%, if it really is 78% then I am extremely bullish. There are a plethora of upcoming catalysts that could reignite the squeeze but even if none are powerful enough, with Cohen's new direction we could expect good news for quite some time forcing shorts to exit on a more spread out timeline.
Disclaimer: I am not a financial advisor. I do not wish to sway your opinion in either direction. I simply seek to examine this interesting and volatile situation via crowd sourcing. What you do with your money is entirely up to you.
submitted by hooman_or_whatever to Wallstreetbetsnew [link] [comments]

Basic Guide on how to configure your: interface, gameplay & graphics settings, ability bars and combat fundamentals.

INTRODUCTION

Hello There! Today i want to share with you a guide i’ve been making for the last couple months. The purpose of this guide is helping out new, returning and even veteran players navigate the user interface menu, the gameplay and graphics settings, along helping out new players configure their very own ability bars; wether they're in F2P or Member worlds and, help them undertand some of the fundamentals behind them, all that information who sometimes can get a little overwhelming due the sheer amount of it.
"This is the default" new player interface" (image credits: The RS Wiki)".
With that being said, this guide contains a couple of “Cheatsheets” along the way, carefully designed to contain as much information and visual examples as possible in order to enrich and make each section of this guide easier to understand. Now, without further ado, let’s get right into it.

USER INTERFACE

Undoubtedly, one of the most important things of any game; regardless of its genre, is the user interface, as this is where all your controls, buttons and vital information is found. As a new RuneScape player, you’re welcomed with a rather confusing interface where Everything seems to be all over the place (as seen on the image above) without clear indication of what it does.
The majority of the time, when you arrive as a fresh player, the first hour or so is spent on “figuring out” what everything does by trial and error and, by the end of it, you end up even more confused, and with plenty of time invested.
Now, if you take a look at the First Cheatsheet below, you’ll notice there’s a lot of windows and information scattered all over the place, but don’t be afraid as i’ll guide you through them in the next couple of paragraphs.
"This is a general overview of your user interface and its many windows".

To get things started, you’ll need to focus your attention to the “Main Chatbox window” (that adorable yellow window on the corner of the cheatsheet), here you’ll be Reading all the information displayed in game, be it a Goblin Examine text, your friends flexing their Chickens Killcount, an in-game annoucnement, a rare drop, a skill level up or a message telling you about how you burnt those shrimps (again). This is where all of the wordplay comes alive, but don’t fret about receiving lots of spam because you can filter those messages by clicking on the first button of this handy header bar; for more information about these icons, refer to the mini-cheatsheet below
"Here's the magic behind the Chat Message filters".
Returning to the Yellow Window, there you can also drag and drop your friend’s, group or clan chat windows, the cool thing about it is that you can configure it to your heart’s content and see what works best for your playstyle; wether if you want to have only your friends chat window, or if you prefer to talk to your clan, the choice is yours.

Moving on, we have the Green and Purple windows, where you can see your Main Action Bar (who might be minimized, so click on the top right yellow icon to maximize it) alongside your Auxiliary action bars (more on that later, I promise), to not delve too much into what these action bars do, they allow you to cast your combat abilities, use items directly from them (if they have an associated keybind) use prayers/ancient curses to help you in combat and even use teleports to different locations. Sounds amazing right? That’s why it’s recommended to have these windows on the center of your screen and in your line of sight.

The Blue window contains your inventory, which also contains your items; such as food, potions, Weapon Switches, Logs, Raw fish and all those burnt shrimps you made earlier (yum!), this window should also be within your line of sight in order to keep track of all the items you’re carrying.

The Red window is equally important as it serves as an expansion for both your inventory; if you’re using a "beast of burden" familiar, or your ability spellbooks; if you’re not using a familiar. As you make your way through the game, you’ll unlock a wide array of useful familiars (through the Summoning Skill) which can help you with your skilling (by offering invisible boosts), with combat (by offering Passive abilities and Powerful special attacks) and, some of them are sworn to carry your burdens (namely the Terrorbirds, War Tortoise, Pack Yak and Pack Mammoths, known as Beasts of Burden), the latter can help you bring extra food to your Bossing trips, or even help you stay longer at certain skilling spots, so you can stay there a bit longer without needing to visit your bank as often.
You can customize your familiar options by right clicking on the Summoning Medallion (That Blue Icon with a Wolf Head). When you’re not using a familiar, switch to the other tabs, as these will help you use abilities you couldn’t include in your main action bars. If you’re not doing any of the above, then drag and drop the Music tab here, that way you can enjoy some amazing tracks while you play (and i can’t stress this enough, give the RuneScape OST a try, is really, really, really worth a listen, after all it contains Sea Shanty 2, what else could you ask for!?).

The small Mint Green window is your ribbon bar, here you can unlock your interface (by clicking on the little lock icon) and this will let you re-arrange the interface windows to your liking, on the cheatsheet you can see a standard “Bottom right corner” style, which isn’t too terrible and a good foundation to change and improve progressively throughout your playthrough.

The Orange window contains your Skills levels, Prayers/Ancient curses (useful when you’re in combat) and your Drop log/RuneMetrics stats, which helps you keep track of your items or damage/XP. During cerain Minigames or Treasure trails, the interface also goes here, so it helps you out by keeping track of those interfaces in a comfortable spot.

The Light blue window just above the orange one is your equipment window, here you can see a mini-you version of your character alongside the items you have currently equipped.

Finally, the Golden window on the upper right corner displays the minimap, here you can see where you stand in the current area. And it helps you change skyboxes, filters, open the world hop interface (if you want to switch to a more active/quiet world) and Teleport to the various Lodestones you have unlocked. Once again, make sure you right click every single icon here, you’ll find plenty of useful and cool options to try out.

Now, leaving all these interface windows to the side, there’s a useful tool known as the “Developer console”, which can be accessed by pressing the Keys [Alt] + [¬] (the key on the left of the number 1 key and below the ESC key) or the keys [Option] + [< >] if you’re using a MAC computer.
The purpose of the Developer console is to display some performance information of your game, like the amount of FPS you’re getting, how much memory is the game consuming, how much of the Game Disk Cache has been downloaded; and if the game’s still downloading the cache files, and Finally, it shows your ping.
In order for the Developer console to display all that information, you’ll need to type one of the following commands, keep in mind these are typed without spaces or caps:
Command Action
commands Lists available commands.
help Lists available commands.
cls Clears the developer console screen.
displayfps Toggles the frames per second (FPS) counter and alll information above-mentioned.
displayfpsfull Toggles the same data of the previous command, but adds expandable graphs.
displayfpssmall Only toggles you FPS counter without any extra information
renderer Shows information about your graphic card renderer and its capabilities
getcamerapos Showls the location and the direction of the game camera; mostly used in bug reports.
deletejs5caches Deletes the ENTIRE game cache, you will need to redownload all of it once again if you delete it.
enablesnow Enables the snow particle effect in the developer console.
disablesnow Disables the snow effect.
If you type the command a second time, the information window will be hidden and, in order to close the developer console, just click the same combination of keys used to open it.

LAYOUT WINDOWS

All of those windows shown on the bottom half of the Cheatsheet above, represent a different interface that will appear in the game at some point; like your bank interface, dialogue windows, xp counters, achievements, level up progress icons, loot interface, and many more. The arrangement showcased in the cheatsheet is just an example aimed to make each of these windows easier to find.
You can resize some of these windows and re-locate them to an specific spot that suits your playstyle. Once you are done make sure to click [SAVE AND EXIT] and then on the [SAVE LAYOUT] option select the Custom interface of your choosing; called [MY CUSTOM 1/2/3/ETC], this way you can have multiple layouts for different activities.
In order to access the layout windows editor, you just need to click the ESC key and click on the [EDIT LAYOUT MODE] option, from there, click the [ADVANCED OPTIONS] button, and check the various windows you want to display, overall it’s just a matter of resizing and rearranging them to your heart’s content.

GRAPHICS SETTINGS

You may have seen a couple of amazing screenshots on the subreddit or the Steam community page, yes, those screenshots that are “wallpaper worthy” and take your breath away. In order to make your PC run in such a beautiful fashion, you will need to understand what each setting does and how it impacts the game performance; because as you’d might expect, higher graphics can take a heavy toll on your PC, and in some old laptops, they can even match your frying pan’s temperature (ideal for some shrimp cooking/burning).
By default, and once you run the game for the first time, it will run an “Auto Setup” to determine which option works best for your PC, however, you may still want to customize a couple of settings here and there, as some of these options may only provide minimal improvements at the expense of a smoother performance. On the following Cheatsheet, i’ll explain all of these options in detail alongside some visual examples.
The Current available screen resolutions are: [950 x 540], [1920 x 1080] and [2560 x 1440], the [Fullscreen mode] will use the entire area of the screen and, [Windowed] mode, will let you resize the game window to your liking.
"Here's where you can configure your graphics to look as good as they can, or optimize the performance of your PC by lowering them".
  • DRAW DISTANCE
One of the most impactful settings on the game is the [DRAW DISTANCE]; which can be helpful on some Bossing arenas (like Solak, Nex: Angel of Death, Raids, Araxxor, Elite Dungeons and The Wilderness; to see potential attackers on the horizon), paired with a camera set on [FREEDOM - CLASSIC] mode, will let you see your target’s a lot more clearly. Overall, i’d recommend something like Medium or High depending on your PC specs. But, If you have a bottlenecked PC or laptop, choose the lower setting.
  • Vsync
[Vsync] or Vertical Synchronization, will help you prevent screen tearing in your game by matching the frame rate of the game and your monitor refresh rate, for this feature keep in mind the following: if you set your game at 120 FPS but only have a 60 Hz monitor, you won’t be able to see any extra FPS, but, if you were to play on a 144Hz monitor, you will be able to see those 120 FPS. [Here's a quick video about this topic].
  • ANTIALIASING & ANTIALIASING MODE
On the other hand, [Antialiasing quality], will help you produce a smoother image quality, but, for the most part, this feature won’t be really noticeable unless you zoom your camera very close, and given how impactful this setting is, it’s adviced to turn it off if you’re having performance issues.
The [Antialiasing mode] included in the game are the high performance option [FXAA] which is slightly less taxing than the [MSAA] option; which consumes a bit more of resources, and the combination of [FXAA+MSAA] which makes certain objects in the game blurry.
  • LIGHTING DETAIL & BLOOM
The next couple of settings are [Lighting detail] and [Bloom], in the most essential sense of the word, these settings will only help you produce a more realistic image, by simulating accurate light bounces on a specific areas and objects and “Enhancing light sources" (like suns, moons, fires and lava), keep in mind tho, the latter can be pretty aggresive to the eyes, so use moderately.
  • ANISOTROPIC FILTERING
[Anisotropic Filtering], what this setting does is add a little more of detail to far away objects by making them sharper the higher this filter goes, for instance, if set to [OFF], far off textures will look slightly blurry, whereas in a high setting [16x] these far off textures will look sharper and nicer. In a similar fashion to Draw distance, if the game performance starts to dwindle down, it’s recommended to set this setting to OFF.
  • FOREGROUND AND BACKGROUND FPS
Your [Foreground FPS], will define the amount of FPS your game will output and, like mentioned in the [Vsync] setting paragraph, one must take the Monitor refresh rate (Hz) into consideration when setting the amount of FPS desired. Similarly, the [Background FPS] should be set to a low number, because this is the amount of FPS you game will run at when you’re not actively playing the game (or in other words, when the game is running in the background while you "AFK").
  • INTERFACE SCALING
The [Interface Scaling Setting] is mainly used for bigger monitors where your interface may look small, the higher this setting, the bigger your interface will be displayed at.
  • SHADOWS & SHADOWS QUALITY
The game [Shadows] setting is pretty self explanatory, as it will display the environment shadows of a particular area. Disabling this setting will make the game look “flat” and slightly similar to the Oldschool RuneScape graphics. it is also suggested to disable this setting if you’re experiencing performance issues.
The [Shadow Quality] on the other hand, will only work if you have enabled the in game shadows and this setting will help define their “sharpness”, with [ULTRA] being the better looking one, or [LOW] which makes them slightly “blurrier”. The shadows setting can be somewhat taxing to your PC or Laptop, so disable this setting if you’re experiencing a poor performance.
  • LOADING SCREENS
Depending on your personal preference, you can either enable the game [Loading Screens] or just disable them entirely.
  • TERRAIN BLENDING
[Terrain Blending] is, in simple terms, a setting that allows the different floor textures to “blend together” in order to make them more fluid, if this setting is turned OFF, Textures will automatically get disabled aswell.
  • SMOOTH CAMERA FADE
The [Smooth Camera Fade] is a setting only visible when certain objects get “cut” by your camera zoom; like walls, trees, rocks, buildings, etc.], the purpose of this setting is to “smoothen” the look of these cut objects, but other than that, it doesn’t really change anything important.
  • MOUSE OVER ENTITY HIGHLIGHTS
[Mouse over entity highlights] this setting consists of an “outline” that appears around anything “clickable” when hovering the cursor over it. Depending on the object (item/npc/players/etc.), it will appear as a different colour, e.g: for the majority of NPC’s, it will appear as a Yellow outline, for interactable objects like Fishing Spots, Trees, Archaeology Hotspots, etc, the outline colour will be Cyan, on the other hand attackable NPC’s will glow with a Red outline when clicked.
  • REMOVE ROOFS
[Remove roofs] is a setting that will remove the roofing and first floors from the buildings in the game, you can either set it to [ALL] to remove it from all buildings, or [SELECTIVELY] to remove them only after entering these buildings.
  • WATER DETAIL
[Water detail] in short, the [LOW] setting makes the water look like a flat surface, without reflections or depth and it gets progressively "realistic" by adding more reflectivity: [MEDIUIM] to [ULTRA], keep in mind this setting is also taxing, so adjust according to your preference.
  • AMBIENT OCCLUSION
[Ambient occlusion] simply put, this setting determines how much lighting should a space have depending on its features in order to make it more realistic. [SSAO] (Screen Space) is the least demanding, while [HBAO] (Horizon Based) has a higher performance hit. [OFF] would be the best option if you don’t mind losing this little feature in order to maximize the performance.
  • TEXTURES
[Textures] this setting only has two options available, with those being [OFF] and [Compressed], disabling textures in the game will make everything look like a mesh of polygons without depth or detail, therefore, this can also greatly improve the performance of your game.
  • VOLUMETRIC LIGHT
[Volumetric Light], this setting adds more realism to light emitting sources on certain skyboxes (like the suns or moons); similar to the Bloom setting, this feature depends, mostly, on personal preference and only if the brighter effects are desired.
  • GAME RENDERING SCALING
[Game rendering Scaling] the higher this setting goes, the higher the overall image quality will look, however, this can be somewhat taxing for your computer. On the other hand, a lower setting will make the overall image quality look blurred out, but will increase the performance. Therefore, it’s recommended to leave this setting at 100% and adjust based on your performance and preference.
  • CUSTOM CURSORS
[Custom Cursors] to keep it simple, these custom cursors are the iconic RuneScape icons displayed when hovering your mouse over literally anything in the game, like the attack icons, the food icons, the “use item” icon, among others.
  • GROUND DECORATION
[Ground decoration], the purpose of this setting is to add more elements to certain areas of the game to make it more “rich looking”, things like Grass, Pebbles, Flowers, etc, are added to the ground.
  • DEPTH OF FIELD
[Depth of field], this setting is often seen in photography, and what it does in RuneScape is blur far off objects in order to make them look less “Sharp” on the horizon and, provide a more pleasant effect. Keep in mind tho, this setting is only available if you have your draw distance setting on [ULTRA] or [HIGH].
  • TREE CANOPY FADE
In short terms [Tree canopy fade] will fade out any and all Tree canopies around the character, in order to prevent the canopies from obstructing the visibility of the character.
  • Futher information about the graphics settings
If you'd like to learn more about these settings, check out the following RS Wiki Link.
"All videos linked on this section belong to their respective authors, if you liked their content, consider subscribing to their channels, I do not take any credit on the content displayed and, my only goal is to provide useful information to new, returning and veteran player audiences".

WEAPONS, ABILITIES & FUNDAMENTALS

Finally, now that your user interface is stablished and, you understand what each of the graphical settings does in your game, let's move on to the Combat abilities and their fundamentals.
Keep in mind though, the ability bars shown on the cheatsheet require some levelling up and questing in order to fully unlock their potential and, as a new player, you'll have access to their "lesser variants" but, as you level up, these lesser variants will be replaced by the actual abilities.
Anyways, i highly recommend one of your early goals in the game becomes unlocking as many combat abilities as you can by levelling up and doing your quests, as these ability bars will allow you to get into bossing later on.
Quest Lists Description
[Quests currently available] There are a total of 229 quests with 40 free and 189 members-only quests
[Quest skill requirements] Breakdown by skills
[Quest Completion Order] This is a guide including the best order to complete your quests according to your levels
[Quest series] Includes all series and plotlines
[Items & misc. rewards] Useful and convenient items
[Experience Rewards] Good to achieve those extra levels
[Quest walkthrough YT playlist] [Created by: ImSikovit]
There's a couple of abilities you can unlock naturally while levelling up (as shown on the cheatsheet) and some of these are exclusive to a certain combat style and weapons (namely Two-Handed and Dual Wield Weapons), some of these abilities are unlocked by doing quests, and some of these are bought at the Grand Exchange or from other players, but some may be more expensive than others, [so always do your research on the current market prices], ALWAYS, DO, YOUR, RESEARCH before buying or selling items, because some prices shown in the Grand Exchange or Trade Offer price window may not be 100% accurate, specially for new or low volume items.
"Getting to know your abilities, and your ability bars".
You may notice these bars are “Revolution bars”, but what is Revolution Mode? Well, in the most basic sense of the word, Revo will automatically trigger your combat abilities as soon as they become available, going from left to right, and after the Global Cooldown has lapsed.
However, there's 3 ways of using the Revolution combat mode, you can customize if you want Revo to activate your Basic, Threshold or Ultimate abilities in the combat settings menu (more on that later):
  1. The first one is used if you want to cast your Threshold abilities manually (making combat slightly more engaging), this means, Revolution will only activate your basic abilities (inside the yellow outline), any Threshold ability included inside this yellow outline won’t get activated as you will need to activate it yourself.
  2. The second one, is allowing Revolution to use Threshold and Basic Abilities, This method is preferred in order to let the game do its own thing while you just manage your HP Points, Prayer Points, Prayers or curses and manually activate your Ultimate Abilities.
  3. The final method is letting Revolution activate all kind of abilities automatically without any kind of manual input, however, sticking to this combat mode of Revolution can make it harder for you to progress further into “Full Manual” later on.
On that note, Revolution Mode exclusively for basics is quite good and a perfect middle ground as its learning curve should prove engaging and exciting, while also making room for improvement in the long run and transitioning into full manual.
With enough practice you'll reach a point where you may want to actively use all your basics abilities and jump naturally into full manual or, you could keep using revolution for basics whilst you activate some of the basics and threshold abilities yourself. Invariably, it really depends on your playstyle but keep this in mind:
“There is no correct way of playing RuneScape, there's just efficient methods, but even these keep changing and evolving over time, that's the true beauty of the game. It's an ever evolving game that you can play any way you want.”
[Alrighty then, with that being said, feel free to try out all of your abilities and build some ability bars, step by step, little by little].
On a similar topic, you have the Global Cooldown, which is divided in 3 sections (as shown in the Cheatsheet GCD Diagram), and the Ability Queueing.
With [ABILITY QUEUEING] enabled (in your Combat Settings), you can hit any Ability anywhere within the #1 and #2 Global Cooldown sectors; shown above, and it will fire once the GCD is done (you’ll know it’s done once all of your abilities “blink”).
If you were to cast your abilities once the GCD is at the beginning of Sector #3, and you had [ABILITY QUEUEING] enabled, your abilities will fire automatically without being queued.
Without [ABILITY QUEUEING], in order to fire your abilities you’ll need to cast them once the GCD timer is at the end of Sector #2 (or 2/3 of the way), as this will make your abilities fire once the GCD ends.

WEAPONS AREA OF EFFECT

Dual Wield Weapons are worn with both hands, Main Hand and Off-Hand, also, all shields and defenders are always worn in the Off-Hand Slot.

  • For melee the difference is quite simple:
2H swords help with AOE (Area of effect abilities) with Halberds being the absolute best 2h weapons to kill various mobs of monsters.
"Quick diagram about weapons area of effect damage and Bakriminel Bolts".

  • For ranged, the difference lies in the type of ammunition each weapon can use:
2H Bows & Longbows use arrows and some special bows (dubbed chargebows) generate their own ammunition, so you don't have to worry about it.
There's also "Shieldbows", who allow the usage of defensive abilities aswell as offensive abilities.
On the other hand, 2H Crossbows use bolts instead of arrows and this opens up a lot of cool bolts called Bakriminel bolts, which can be enchanted in order to activate some amazing and useful effects.
These bolts are what make 2H Crossbows a better pick than 2H Bows, as there's no special arrows for these Weapons; besides the "Blackstone Arrows", that applies a defense debuff to the target for 12 minutes or until it gets defeated.
On a similar note to DW Melee, Defenders (called reprisers for their ranged variant) help a lot with weapon switching, but also it benefits from a weapon called mechanized chinchompa, which makes each ability an AOE ability.

  • For the Magic weapons:
Mage follows the same rules but the 2H weapons are called Staves, on Mage's case, there's no big difference on the AOE damage abilities as both 2H and DW share the same ones (with a difference in certain thresholds abilities), and both weapons use the same spellbook abilities, so it boils down to each weapon effect and if you want to use a versatile playstyle by using a Wand + Defender (called rebounder in Mage's case), or a Shield. Sadly there's no chinchompas for magic but you there's a wide array of disruptive spells than can aid you in battle.
Each set of weapons enable the usage of specific Abilities and each weapon comes with their own subset of special effects, some weapons don't have them though.
For instance: 2H Swords are good for AOE Damage and when facing multiple foes at once, you can benefit from the Abilities: Hurricane, Quake and Meteor Strike to deal damage around you, but if you want to maximize the amount of targets you'll hit, you may want to use a Halberd Weapon.
If you're interested into more in-depth information about quests, game progression, tips, tricks & guides, feel free to visit the links below, to read more about these topics:
Video topic Author
[Keybinds for PVM] The RSGuy
[The Global Cooldown] Pixel Green
[Tutorial about unlocking important abilities] Sage Vanburo
[Tutorial about unlocking Shattered Worlds Abilities] Protoxx
[Bakriminel Bolts basics] Teh Proez
[Bakriminel Bolts Comprehensive Analysis] Teh Proez
"All videos linked on this section belong to their respective authors, if you liked their content, consider subscribing to their channels, I do not take any credit on the content displayed and, my only goal is to provide useful information to new, returning and veteran player audiences".

GAMEPLAY SETTINGS

The Settings menu is divided into 5 different groups: [GAMEPLAY], [GRAPHICS], [CONTROLS], [AUDIO] and the [RIBBON]. On the following cheatsheets i'll showcase each option found on the [GAMEPLAY] tab and their function. Some of them will be images (as they're self explanatory and explain what they do) and others will be brief explanations on what each setting does, in order to make all these options easier to read and follow.
Under the [GAMEPLAY] Tab you'll find 8 Different subgroups (7 in the NXT client and 8 on the Steam Client), in the following table i'll explain in detail what each subgroup does:

"The various settings tabs".
Subgroup Description
Interfaces Fundamentally, this setting allows you to customize the look of your interface windows, filter which interfaces and warning screens should appear in game, how certain items will behave when using them (like keeping vials after decanting potions or emptying buckets when using the farming skill), you can choose which buff bar icons show up and if you want to display the Game Clock or not.
Combat & Action Bar Here you can change your combat modes (like Revolution and Full Manual, or the Legacy Combat Mode similar to the Old Fashioned combat mode), you can change your action bars visibility and ability queueing, alongside your action bar binding (which automatically changes your main action bar depending on the style of weapon you’re wielding), you can also change what kind of XP you get from combat, the way you attack other npc’s and your targeting settings along the colors your hitsplats (for aesthetic purposes).
Camera Another essential feature you will find here is the camera mode, here you can choose the camera zoom modes which are extremely beneficial when fighting large Monsters (so you can see them better) alongside the sensitivity of your camera.
Skills & Experience A lot of skills come with their own set of mechanics; from finding specicif parts of a mattock, to the amount of bosses you’ll be assigned for your reaper task and if they’re solo bosses or group bosses, all of these settings help you customize the way you interact with these skills.
Messages & Social On this setting you can customize what kind of messages you’ll receive on login, during your game sesión, from your friends, clan, private and groups chat. You can also customize the colors of each message, the broadcasts from your friends, clan chat, or anyone in the same world, and also, you can customize the events that will be tracked by your “Runemetrics” profile.
Item Drops This setting allows you to customize your Loot System interface (along various filtering options), you can also customize your lootbeams (pillars of light that let you know when you got an expensive item; defined manually, or a rare/unique drop), on the other hand, you can also customize if you want to receive Clue Scrolls or not, i’d highly recomment checking all of the checkboxes, as “Treasure Trails” are an amazing activity (and very profitable too) you can also enable lootbeams so you don’t miss out any of them.
Legacy This option lets you customize your interface colors, minimap icons, skillcape models, and combat mode, to make it reminiscent of the old version of the game (the one you may remember from 2011).
Third Party This is an exclusive option for the Steam Client, what it does is show the world you’re currently playing on (for instance World #2 or World #84) in your friend’s list status.

GAMEPLAY SETTINGS CHEATSHEETS

"The first part of the settings menu windows".

"The second part of the settings menu windows".
For more information on the topic feel free to visit the Wiki Link.

CLOSING THOUGHTS

RuneScape is a game built around “freedom”, and all of these interfaces, ability bars and settings reflect that, while there’s no absolute best configuration, keybinds or interface, it’s always a good practice to try everything out and learn through testing, in order to find out the best results for our needs.
Whether you’re a new player strolling around the Free to Play towns, or you just bought your membership and are stretching your legs around the member’s only locations, everything you learned from this guide will help you.
One of the commonly asked questions i’ve seen posted on the subreddit and the discussion forums are: how to make as much GP/Hr? What kind of gear to buy, and in which order? What kind of bosses to fight for a given set of Levels? and, while the answers are changing constantly (as prices shift all the time and the Metagame evolves), invariably it comes to the same conclusion, which is:
“What you can do and how consistently.“
On the following links you can find complimentary information like Gear & Bosses Progression and a plethora of useful links, tips & tricks:

However, before trying out these methods and finding out how consistently you can do them, one must start from the very basics of the game, understand how the game works and how to make it as reliable as possible whilst also looking as best as it can, and that’s the purpose of this guide, to teach you, the player, what every setting does, how does it impact your game experience and, showing you the fundamentals of the ability bars. The other half will come from your own experiences and how you expand on these foundations.
With that being said, Thank you for passing by, i wish you the best of luck and i hope you found this guide useful, see you all around and take care!
submitted by Concordia_chaos to runescape [link] [comments]

where can i sell my old game consoles video

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Local Video Game Stores. Local video games stores are a good place to sell several games at once. However, they may not take some of your games if they aren’t in good condition or they already have too many of the same game in stock. You can usually sell consoles or other gaming accessories there, too, but the same limitations may apply. Stores may not pay as much for items as individual buyers will pay. They want to make a profit on reselling the games. This means you can sell or trade-in your games online or at the local GameStop store. If you trade your old video games in for store credit, you will receive a larger credit as GameStop offers up to a 60% credit on game trades. You can also sell for cash or store credit: Gaming consoles; Accessories; Tablets (like iPads) Cell phones; Smartphone If you ever have trouble finding a place to sell broken game consoles, you can always try Amazon. As a third-party vendor, you can list games and platforms for the right values and quickly start seeing people jump at the offers. You can also try the company’s trade-in program for your games. 3. Welcome to Trade In For Cash, your one-stop-shop for selling your old games, consoles and electronics for some of the best trade in prices available anywhere online. We make it quick and easy to trade in your old PS2, PS3 and other gaming accessories by searching our database for a price, sending us your unwanted items via freepost – then receiving your cash in no time. The Old School Game Vault. This is a great place to sell gaming consoles as well as classic or current titles. The company has been around for over a decade. You can sell old video games, from Nintendo, Sega, Xbox, PlayStation, Atari and much more. You can also sell retro video games like Super Mario Bros, Metroid, The Legend of Zelda and Pokemon. If you are looking to sell some of your own retro games, Choose one of the above logos to take you to the appropriate page of old games & consoles I currently have for sale. I get new stock in every week, and I update this site as regularly as possible so have a look at our stock updates pages to check what's new! If you are after a specific game or retro games console, but you don't see We’re the best place to sell your broken console because unlike other trade-in sites, we’ll pay you a fair price. You can sell old game systems that are missing original accessories or essential cables. You can even sell used game consoles that are physically damaged or account-blocked. No matter the issue, you’ll always get the most cash by selling your broken gaming system to GadgetGone. That’s where musicMagpie comes in, and we’ve made it easy to sell your games consoles to us. All you have to do is pop them in a box, any box, and then send them using one of our convenient FREE send options. You may find that you have a lot of old and unwanted games now. Bring them into your local GAME store and get an instant valuation to use towards all those new releases you have your eyes on! So whether you've completed your old games or they're just gathering dust, it's time to trade them in towards the next big release on your wish list. Pawn shops. Some pawn shops buy used gaming consoles, though they typically pay well below market value. If you’re desperate for fast cash, you can find a pawn shop near you – but be prepared to get only half what your console is worth. You have plenty of options when it comes to selling your video game consoles.

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where can i sell my old game consoles

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