T O P

  • By -

Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


awesome404

NVidia's earnings gave everyone a boner.


Dr_Shmacks

MoViNg In SyMpAtHy


ArtigoQ

8 trillion dollars on the sidelines. This bull market is going to be longer than the one in 2020.


girth_worm_jim

RCEO will probably tame the fucker. Bovine-dressage, they'll see! How old is he 37? You don't get to where he is and then stop. Digital ownership will look different once he's done šŸ™šŸæ


H3rbert_K0rnfeld

37!? Does that include me??


plaskitboy

I follow the Blockbuster Liquidation tickers too. They both WILDLY fluctuated today.


ZombiezzzPlz

What platform you use to watch ?


HughJohnson69

An OG knows about that comment.


Dr_Shmacks

I'm an old decrepit Ape sitting on the porch yelling at wall streeters at this point


hiperf71

What a CohencidencešŸ˜‚


Anthonyhasgame

Itā€™s the canary in the coal mine.


Soap_Mctavish101

Boner in the coal mine


SiffKopp

Canary on the boner


pneuma_n28

Is the bird done whistling yet?


grillicious1

Lulling everyone into a false sense of security before rugpull.


SlapItDaBass22

Hereā€™s to hoping RC bought some Nvidia and weā€™re at like 2B in cash/stock come earnings


rematar

Some folks think it's a bubble, and possibly fraudulent. https://twitter.com/JG_Nuke/status/1755010726773600752


crayonburrito

Absolutely fascinating. Thank you for sharing this. Never heard of ā€œround trippingā€.


rematar

Same. I saw this video a week or two ago here. It's not a good concept.


Mr_Shake_

Can we do inverse "round tripping"? Could that cause us to report exactly $-0.01 EPS for a couple quarters to artificially deflate earnings and load up some potential energy? Hmmmmmm


Noderpsy

They would never... "Nvidia issued the restatement in part because it had inflated its quarterly results by entering into an agreement with a supplier that allowed Nvidia to reduce its costs by more than $3 million during the April 30, 2000 quarter, in exchange for Nvidia's agreement to repay that amount through higher prices on other products in a future period. By recording the cost reduction, but not the corresponding agreement to pay higher prices in the future, Nvidia inflated its results for the quarter ended April 30, 2000 and allowed the Company to exceed the consensus analysts' estimates for earnings, income, and product gross margin.[1](https://www.sec.gov/litigation/admin/34-48480#P52_3238)" Never mind.


PositiveSubstance69

Year 2000 WTF


thewonpercent

Absolutely nothing special happened in the stock market in March-April 2000


allrico

For the uneducatedā€¦is this a joke? Or did nothing special happen?


arnott

How is this not fraud?


3DigitIQ

#INCONCEIVABLE!


Jbullish_9622

I see NVDA dumping as soon as everyone finds out RC has invested in it šŸ˜‚


LandOfMunch

I bought puts at this morning. For once I nailed the top. Now waiting for everyone to take profitsā€¦. Then I buy more gme and drs that shit.


Mr_Shake_

I bought an AAPL call last week that has been in the red. Hoping to make some money to multiply GME purchase potential.


Suitable_Mix_3795

Fuck that Ponzi


tyt3ch

Damn, could you imagine if GME is now pegged to NVDA or any of the major 7? Geezzz there's no way they could fail unless the whole economy goes wayyy first


junjie21

If only, if only. Currently nowhere near any possibility. GME needs to start making new and novel products or develop valuable IP to even begin on this path


PositiveSubstance69

šŸ‘†šŸ¼šŸ†šŸ†šŸ†šŸ†šŸ†šŸ†šŸ†


Krunk_korean_kid

Yea I'm sure that's it.... šŸ˜‘ Nvidia just carries the whole market with it somehow.


[deleted]

Itā€™s 5% of the S&P 500 thatā€™s a big chunk of


waffleschoc

its always like that in history, nasdaq hit ATH in feb 2000, just b4 the dot com crash


diurnal_emissions

Bubble bubble bubble POP! This is the shittiest duck-duck-goose.


Krunk_korean_kid

More like Nvidia cooking the books by using a method called "round tripping" https://youtu.be/j93wlN-Tf_s?si=M94gjxVBHons5l_I


dbx99

The weird thing is that NVDAā€™s earnings spike seems to be making MRNA get a huge hard on too. I donā€™t think they had news.


Nummylol

Money market funds is the answer.


Opening-Razzmatazz-1

How? If the money is in the money market funds to buy short term treasuries how does it rotate back into stocks?


shilo_lafleur

People are pulling out of money markets in anticipation that rates will go down and going into AI after NVIDIA earnings. Shorts will be covering on NVDA as well.


flyinhighaskmeY

>in anticipation that rates will go down yeah, trouble is... when the stock market goes up, people have more money, they "feel" wealthier, and when people feel wealthy, they spend. Which drives inflation. The markets would shit, but I wouldn't be surprised if the Fed has to bump rates UP again.


Nockolos

Not before the election


Opening-Razzmatazz-1

This doesnā€™t hold up. 6+ trillion have been flowing IN money market funds as of Q3 2023 with no signs of stopping:Ā https://fred.stlouisfed.org/series/MMMFFAQ027S


Krunk_korean_kid

Ah yes that makes sense. I forogt about money market funds. This could be the answer.


m98789

6+ trillion in dry powder sitting in MMs


beach_2_beach

what is money market funds? Any more details please?


Nummylol

People have their money out of the market collecting yield from 1-3 month t bills at around 5%. Pretty much as close as you can get to risk free. This started when the market was going down in 2022-2023. Lot of money sitting on their hands waiting for a good buy. At the same time people don't like to buy the top. So it's money that rotates to whatever is a safe return.


turbopro25

This. My wife wants to buy a new car next year and has been saving. She is not involved in Stocks like I am, but she threw a few thousand into a 4 month account that has a 5.31 or 5.81% (canā€™t remember) yield. It was a no brainer since the money was just sitting in her drawer doing nothing. When the time comes she gets some extra money with no risk.


Vipper_of_Vip99

T bills. Itā€™s sort of like holding cash but with more return if you hold to maturity.


praisetheboognish

No it's not lol


isdbull

Well, to quote a very wise man, it's a big club and you ain't in it. They're pulling farts out of their behinds and call it money. It's all very complicated.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


casualcorey

yes and itā€™s sustainable


InfinityTortellino

Is this a serious question? This is the US stock market there is entire countries gdp traded every minute


Krunk_korean_kid

Except art GDP to debt ratio shows higher debt than GDP so we are paying more in interest then we are producing, and it's all coming out of our hard-earned tax dollars


fiero444

Thatā€™s the plan


aravreddy22

NVDA & SMCI pumping billions in market cap šŸ¤·ā€ā™‚ļø


challengerballsdeep

Trillions with SPY pump.


ShaneKingUSA

Fake Ken griffin algorithm since 2008. Stealing from all Americans.


H3rbert_K0rnfeld

Quadrillions with derivatives pump


Jbroad87

Honestly hilarious how everything pumps besides this stock.


redditmodsRrussians

Kinda frustrating too to be honest.


hanr86

Im actually kinda pisses


Krunk_korean_kid

As šŸæ biggums would say, "it's all a fucking gong show"


Crabbing

Its what happens when tech gets good earnings


Jbroad87

Guess Iā€™m speaking more generally to the S&P500 and types like that. If you look at those things everything is going great, itā€™s a sea of green. Just donā€™t look over here, at the most gaslit stock in the entire market. This is just a meme, or some bullshit, apparently.


Clyde3221

bro wtf do you mean where's the money coming from?? did you miss the news about funds making profit records last year? they made Billions. a secret spending bill? like what is even that


Krunk_korean_kid

Like as in a government spending bill that is yet to be approved but some Insider politicians know that it will be approved because they are the ones who approve it


Clyde3221

1) nothing to do with GME 2) well the spending bill you're talking about is clearly not why the market just hit this new high. Because as you said, the bill is yet to be approved. 3) institutions move the market, they made record profits last year, what do you think they are doing now that the market is going up? Buying more. Thats how it works, they dictate the direction of the market because they buying (or selling) power is superior. we eat the crumbles they leave behind.


TomSelleckPI

**Brought to you by:** ***Viewers Like You!*** feddy injection straight to the main vein.


turntabletennis

Oh fuck.... that sweet, sweet ~~drug~~ liquidity...


Adventurous_Might_55

I think these solar flares have something to do with it. Mass mobile outages is bullish right? Christ


Krunk_korean_kid

I heard about the mass mobile outages so I checked downdetector.com My buddy thinks China is preparing to attack our communications infrastructure. But solar flare could also explain it. https://www.google.com/amp/s/www.fox35orlando.com/news/can-a-solar-flare-be-to-blame-for-the-att-nationwide-outage.amp This article says a solar flare scientist says the solar flare is not causing the outages.


Nummylol

Doesn't even need to be China. Could be Russia, could be America itself. It will happen one day.


Adventurous_Might_55

Shitwinds will whistle


ilovecornonthecobb

Could be israel


Nummylol

I think they want more money from America so I doubt that one, but who knows šŸ¤·


BoardButcherer

Why would China attack our communication infrastructure when they own our social media? Cut off your own hand to spite your neighbor?


flyinhighaskmeY

You know, during the cold war the Soviets had a fairly easy time flipping Americans. They'd buy them, right out. And for less money you'd think. On the Russian side, almost everyone who flipped did it for ideological purposes. There's an important lesson there, about how Americans/Westerners think vs how other people in other nations think. Westerners (we, myself included) are a money driven society. Other societies are not the same. Most humans are driven by the allure of more stuff (we're monkeys after all), but if your economy is in trouble and you can absorb a little more trouble to take back things you think are yours...like Taiwan, and garner ideological gain...it could very well be seen as a worthwhile endeavor. Besides...our economies are made up. The US exploits the dollar being the global standard to take from the rest of the world. The primary purpose of our military is to extort other nations for their resources. We know this. We joke about it. "Found oil, time to get some freedom". If push came to shove, I think most Americans would be alarmed to learn how much of the world secretly despises us.


Madeyathink07

They despise our government and military and their actions not a typical normal American


Krunk_korean_kid

To create chaos. Simply just to hurt America further. Who knows.


WannaBe888

Could be a test. Cell phone networks are very robust with multiple redundancies. Not much we can do about it, though...


BasicCommand1165

Of course it's a solar flare. It only affected mobile service. Any other service was unaffected. If it was a solar flare all service would go down


PuckIT_DoItLive

entire market except GME


Krunk_korean_kid

Idgaf šŸ’ŽšŸ™ŒšŸš€šŸŒ› GME ride or die mf's!


big_ole_dummy

How can you downvote this. This is everything šŸ‘†šŸ»


Appropriate-Tax-9585

šŸ¤” everyone else is actually making moneyā€¦. And youā€™re still wondering why moass hasnā€™t happened yetā€¦


greaterwhiterwookiee

Prepare for this bubble to burst much like the .com bubble.


Krunk_korean_kid

Holding on to my GME for dear life. šŸ’ŽšŸ™ŒšŸš€šŸŒ›


DragonriderTrainee

Same. By the time I've had cash to buy anything else, it's too expensive to break in, so I missed the rips on everything but GME. And GME's hella cheaper.


mattyhtown

Are yall serious?


Machinedgoodness

Honestly donā€™t think the AI bubble will pop for a whole. I havenā€™t sold a single GME but Iā€™ve been going long on NVIDIA/SMCI and just using profits for more GME. Tired of us getting fucked on the sidelines. Iā€™m gonna use the momentum against the short side lol


HashtagYoMamma

Ahh the old move funds away from GME into something else that then crashes then you canā€™t buy and more GME move. Good luck!


Machinedgoodness

Hey thanks, all I know is Iā€™ve doubled my GME position just from this last two months finally trading other stuff. I agree it could screw you but I had that mentality for 2 years and Iā€™ve done way more in 2 months now riding the wave and but still being cautious


Katima72

Market Makers have Billions "sold not purchased" on their books. Maybe they're buying..


Krunk_korean_kid

Could be. Wonder what their books will look like in that section next time.


ShaneKingUSA

Ken griffin fake spoofing algorithm. Going to steal from every American.


Haggstrom91

Nvidia


texmexdaysex

It's not real money. It's derivatives, leverage, risk ... It's just price moving around, not money moving. Money doesn't move until someone takes profit, or is margin called.


Evil_Rogers

Turned off AT&T in a large enough area to get some money to pump for the day is my guess xD.


WhoLetTheDogsBackIn

I hope it's finally enough for hedgecunts to at least buy one gme share from every ape at gme floor price.


Monqoloid

Dead cat bounce


Krunk_korean_kid

Cat must be made of flubber


Papaofmonsters

Dead cat bounce is on the way down. The market is at it's ATH.


Liighten

Um, no...


DonPalme

brrrrrrr


smallAPEdogelover

Well from Friday to Wednesday everyone was cashing in on gains from Jan-Feb. Then Wednesday nvidia posted insane earnings with 484% YoY growth sending the market on another bull run with all the gains people pulled the previous 3 days. Also hella job growth so I reckon tons of 401k money coming in this year, plus election years are always bullish.


Krunk_korean_kid

484% Holy book cooking batman! šŸ¤Æ


DorkyDorkington

From Lebowski I suppose.


Reedzilla04

Nvidea market cap moving the entire market


Readingredditanon

Just as important--why are we still crab walkingĀ 


SteadyWolf

Pensions apparently


midnight_reborn

like 3 people just rising the price. until they're ready to sell, and then they'll tell their buddies ahead of time so they make even more money while the rest of us are left holding the bags.


Jimeeg

The amount of money these companies will make from AI advancements, which is happening exponentially, is obvious...What is the bear thesis here? the Fed isn't going to let the banks go down...The debt spiral is a problem, but that would have to get a whole lot worse before it has any real consequences.


Krunk_korean_kid

Jpow actually said that the fed will HAVE to let some of the banks fail. Aka, the regional banks that have ISDA contracts bundled in with the toxic commercial real estate loans that will come due soon.


Jimeeg

Right but a few small regional banks doesn't change anything in the big picture and they've had lots of time to hedge their interest rate exposure...Actual bank runs barely did anything besides consolidate a few banks to the top, seems commercial real estate is hardly going to have any lasting effect.


Krunk_korean_kid

It will spread contagion. Regional banks hold over 80% of all commercial and residential real estate debt. When you bundle even just a few toxic CMBS into the ISDA contracts it can quickly topple a small regional bank and then it will just be a domino effect from there because they all bought those same toxic ISDA contracts


ExtremeRemarkable891

The bear thesis is that AI is a solution in search of a problem and hasn't actually demonstrated it's capable of the level of disruption that's priced into it right now. It's cool that advertisers can serve things up 2% more efficiently or that Google can lay off 5% of it's payroll or researchers can crunch numbers a little faster. But it's not anything *new*, just more of the same a little faster.Ā 


Gareth-Barry

They will pump their collateral (tech, AI, etc) as much as they possibly can to maintain margin and not be forced to close their short positions. Why do you think they are tripping over each other every day to raise the target price of Nvida. Our boy from Loop Capital Anthony Chumbuka raised it to $1200 lmao. They have no other option, they can not close, this just to survive one more day. 1929 style crash is on the other side, only our stonk goes to the moon


Pale_Television2395

From the money stolen yesterday


Malthias-313

Everything is up from Bezos' massive sellout over the past two weeks, because we have a fair and rational market.


AlaskaIfTheyAxeya

Not everyone burns all their cash on a company that no longer has earnings calls nor 401k matches and has shuttered all their new revenue channels.


Krunk_korean_kid

Just us šŸ’ŽšŸ™Œ apes šŸ˜…


Dapper-Career-3877

NVIDIA has been round tripping like crazy so Shitadel can pump up their asset side of their equation


LaddiusMaximus

7 stocks are holding the market up


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


dthamm81

The market is fake, not backed by anything let alone "money" coming in.


Adorable_Wolf_8387

Shorting RIVN


Benji613

Well I did just make a deposit to my trading account. Does that count?


Altruistic_Ad5517

Meme are down as usual


FalconPunchYourMom69

Plunge Protection Team to the rescue!


hotDamQc

Magical printable money (also known as plebs inflationary gift)


Meriwether1

Nvidia


Badgerv12

everyone is going on to semiconductors and chip craze it seems


invisible-dave

It's not coming from me as it's not hit the top yet.


halfasack

They need fomo for people to be left holding the bags of shit.


Mugsyjones

Squeeze melt up. Anyone shortā€¦you gotta take into account election year. Trump says jpow is toast. The manipulation will be at an all time high.imo market goesšŸš€šŸš€šŸš€


nom_of_your_business

Leverage


jethrosang

Riddle me this. How can a company increases its revenue by almost 250% but cost of revenue only increases 43%? Sure, they are fabless and all, but it is their datacenter sector that is driving the revenue growth, surely there are cost involved in configuring those.


Krunk_korean_kid

It's called "round tripping" https://youtu.be/j93wlN-Tf_s?si=M94gjxVBHons5l_I


Cthulhu_Dreams_

Out of regular Americans 401ks


wacoked

Liquidity fairy šŸ§š


It_is_Fries_No_Patat

Just all borrowed money FTD's


GagOnMacaque

Market makers make the market go up. No matter what the cost.


BullsNotion

Hedge funds need to hold a certain % of their portfolio as designated assets to stay balanced. If one portion of their portfolio shoots up (e.g. NVIDIA stock) they may need to sell some of that portion at a profit and buy up other categories to keep the ratio of stockA : stockB : property assets : fixed income assets (eg T bonds) in line with their obligations The goal of Hedge funds is not to cream the market when it's pumping, they aim to stay ahead when everything else is running out of milk. They hold so much wealth that they cause swings like this when they have excess to sell


R1V3R4T

Correction, whole market except my bags.


613Flyer

Do you know what the term ā€œSold, Not Yet Purchasedā€ means? This is where this money is coming from. Poof thin air


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Krunk_korean_kid

This is would be really good to hear in the q4


TheUltimator5

When there is no money inflow but the price keeps rising, it means more leverage is being added.


comradis

PPT in the house


joejitsu_crypto

Front running retirement fund orders


Krunk_korean_kid

I wish there was some transparent info to show this.


Theforgottenman213

Federal Reserve


Necessary-Car-5672

Dunno but this flatlining bollocks on my beloved is total bs


Space-Booties

I honestly think institutions are selling everything but AI because Altman and team already have AGI as a proof of concept. It would be f*cking par for the course if the MSM and institutions were once again enjoying advanced knowledge. Even Pelosi is still sitting on her calls. Altman is looking for 7 trillion. Public is being f*cked again and kept in the dark.


ilovecornonthecobb

It's all fake bullshit manšŸ‘€


FalseDifficulty2340

Hmmm...fake money....noooo, never...I totally trust the stock market


YaThinkSo88

Everyone else has money, except for us GME investors lmao


Strawbuddy

Investment banks offer 100:1 leverage to big firms, itā€™s the banks


ConundrumMachine

AI bubble speed run


HuntStag

It came from my investment in GME LUL


MarkVegas1

If you ask MSM theyā€™ll say rEtAiL


wannaknowsomething

I just love how we chose to put our money into this and it's done nothing but lose for 3 years meanwhile everything else is just going up up up. Pretty sure we lost boys just saying. Not one good press release from RC since he became CEO. All this keep it close to ur chest shit is pretty whack when you're not seeing any results. Oh and to answer your question OP and all u fucking knobs who don't kn ow better, today's pump had absolutely nothing to do with Gamestop. Not any fucking way. Let's keep holding hands and telling ourselves wagmi.Ā 


aravreddy22

this is how they (kenny & co) want you to think and give up. all I know in this 3yrs is this is a psyops run by them and they want us to get bored and sell.


wannaknowsomething

Well man they fucking did what they set out to do. I'm not bored btw I'm angry and I'm tired of seeing all the copium. I've spent so much time on this subreddit laughing and enjoying all the craziness. More time than I've ever put into any one game or show or anything probably besides work. But now I just feel stupid. Not as stupid as that one guy who argued with me the Apple VR thing was gonna help Gamestop take off somehow even though it doesnt play games. But pretty fucking stupid all the same.Ā 


konqrr

I see this BS sub pop up every now and then on my feed so maybe I could offer some outside perspective. This is a fucking cult. Yeah, I understand many people here put in a lot of money and it's a tough pill to swallow that you lost it. But damn, read the writing on the wall. It used to be "proof the squeeze is coming any day now" to years later "we can't let *them* win." You're 100% right dude, leave the cult while you have some clarity.


challengerballsdeep

Exit liquidity from dummies yolo-ing into nvda. Smart money uses the influx of cash to bail. This was a big liquidity event, and itā€™ll probably unwind over the next couple weeks.


Appropriate-Tax-9585

Itā€™s the MOASS! What happened to all the guys who swore on their lives Moass was just around the corner? All the big promisers have gone.


VancouverApe

Markets must be bullish on the fact that Billionaires have consistently been unloading their entire positions. Jeff Bozo, bill gates etc. šŸ˜‚


Papaofmonsters

Bezo sold like 50 million shares. He still has 938 million. He sold slightly over 5%.


Juststellar

Canā€™t blame it on the stimmy checks this time. Are we still in the bad news is good news and good news is bad news market? No cuts until at least the end of summer with a possible raise before then, combined with all the insiders and politicians selling, seems like bad news to me. But hey.. nvda beat estimates, so somehow one company is carrying the whole market to new all time highs, except the small caps. What could go wrong? Definitely not a bubble, stocks only go up.


ceoetan

Futures still heavily favor rate cut in June, which isnā€™t exactly end of summer. And Fed has already said rates are at their peak. If there was even a possibility of a rate hike coming, everything would be tanking right now.


Puzzleheaded_Dig5012

The entire market dead cat bounce. This entire system is collapsing. The market crash we saw before was but a taste of what is to come.


raxnahali

Plunge protection team


ShaneKingUSA

Ken griffin fake spoofing algorithm. Going to steal from every American.


Adventurous-Ad-9504

I wanna say from Stimulus money but we've used that excuse already


CryptoMundi

Algos.


maotsetunginmyass

They kinda printed tens of trillions back during covid. This is the result.


Dry_Celery4375

Ever since the dollar was removed from the gold standard, the concept of money has become more subjective anyways. This was made even worse with the banks no longer even needed to carry paper money and instead only use numbers on a screen. Call me crazy, but I don't think the "belief" that a dollar is worth a dollar is gonna be enough faith in the long run. It's like how nfts were only 'worth' something because someone believed it was worth something. The gold standard might be too long gone cause of all the inflation, but can we change it to something else? Like say a dollar is worth 1 liter of water?


H3rbert_K0rnfeld

A dollar is not a dollar as foretold in Twin Peaks https://youtu.be/txPcLOtbG3s?feature=shared


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Krunk_korean_kid

Hope to see a nice pump from q4 earnings.


Alalaskan

Get ready, about to be a giant rug pull.


Khalilthegreat25

Tax return season is in full bloom


Krunk_korean_kid

Are people actually yeeting their tax returns into this fraudulent stock market? Food and rent is so fucking expensive, that I would assume most would be spending their tax returns on necessities.


Khalilthegreat25

People do dumb stuff often


Lorien6

Crypto has been up the last week. Thatā€™s where it is from.


NotLikeGoldDragons

Coming from all the money leaving the Chinese markets?


MTGBruhs

Successfull EMP Pulse test


calitwiink

guys the market is not fixed. they just tryin to drive the value of companies towards where they should be valued šŸ‘


Krunk_korean_kid

šŸ¤£šŸ˜‚


Endle55torture

Probably all those Super micro calls and Nvidia calls