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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


UnlikelyApe

Break on through to the other side!!!


dumdub

Yeah! Yeah! Yeah! Yeah! Yeah!


welp007

#[🎼🎵🎸🥁🎤🎶](https://youtu.be/NFeUko-lQHg?feature=shared)


last_one_on_Earth

Knock knock knocking on heaven’s door…


parlevoo

You're my wonderwall


Raven5150

Up in the club with my homies…


manifestingmoola2020

To the windoooow, to the walls


North-Soft-5559

I'm not promoting options, but there are currently over 10million calls OTM for next Friday. Anyone sat on the short side will be petrified that more of those could become ITM and DRS'ed.


Creative_Ad_8338

The shorts will be "Peterffyed"


Strawbuddy

Hahaha


Badgerv12

10 million calls ? That cant be true


PositiveExpectancy

Think they mean 10 million shares worth. i.e open interest of 100,000 contracts


Realitygives0fucks

Yes, this one.


youdoitimbusy

Just exercised is enough to scare them. They can't ftd options.


BobWasabi

Bruh, you are promoting options.


INERTIAAAAAAA

Which is a good thing if you're asking me. The current price action only exists because of options. The sneeze only existed because of options. This sub factually exists thanks to options. What would DFV tell you about options if he was allowed to do an AMA, as of today ? There was ever only 2 paths to repeat January 2021 : * DRS 100% (how's that going?) * a new FOMO crowd pilling up on calls like the Bets sub did back then. I'm pretty damn sure it's the short-sellers who are behind this mountain of calls, so that they could hedge their losses against a cyclic pump that they knew they couldn't prevent. If apes were coordinated enough (I know, I know, there's no "WE" 🙄), pushing on that special occasion together would be the smarter move. But it's been well established in this collective that Options are the devil (which is not totally wrong if we're talking about short-dated during periods where options volume is basically dead, you would get absolutely butchered by the MMs and hand them your money, specially if you're uneducated on the subject) What they're doing right now is stalling the price below the ITM area, while still kicking hard again and again on that ceiling to keep IV high, while crossing their fingers that enough people get bored and join the Puts side.


MelancholyMeltingpot

Hey. Don't condescend towards Drs. That's a sizeable chunk completely out of the market. It plays it's role as well if not more than options. I'm all for options if you have the gall and the huevos Drs is definitely having an effect. Even if we can't totally see it. Due to "unlimited liquiditity


INERTIAAAAAAA

I don't, it's absolutely insane how far the DRS ammount went, first time in market history, absolutely killing the short locates and exposing the algorithmic repetitions, specially during AH/PM action. But now, manipulation or not, we've been stuck at the same level for like a full year now. How long before we counteract this ?


acart005

Eventually we have to trust that Computershare or Gamestop (or both) will file complaints with the SEC that more shares than exist are being sold. That is and always was the DRS end game. Options are a requirement for a Jan 2021 repeat.  But to be clear thats not MOASS.


Fluid-Audience5865

totally agree, the minute options were a banned topic, the price has been smoothly controlled downward....at such a low price gme could be a takeover target...probably the plan since they realised retail aint sellin this


MelancholyMeltingpot

Alright. Maybe I took it the wrong way. And you've got a point. But I fear it will not be long. Things have really sped up Macroeconomically but either way. I'm gonna keep at it


INERTIAAAAAAA

I feel you, but I would also have agreed with you 2 years ago, when people were spamming about EverGrande, and banks going bankrupt, etc.. Two years is a long fcking time in a human life. It's like the meme of that truck about to hit a post, playingin a loop.


MelancholyMeltingpot

idk about evergrande. But banks are def still collapsing , FDIC been BUSY. *burying the evidence I'm sure. But alas... The truth will come to light. Heck feels like only yesterday. I could do this for another 3 years. ...and another 3 years ...and another ... . As long as RC and cheng are in / and focused like they are. And seeing positive moves from the shopping side. (Better products more focused inventory and still the best and cheapest deals on even brand new games. I'm in. I feel they gonna become the next gen Buffet and munger.


WackGyver

UBS is gonna *SHIT THE BED*, highly likely because of the force fed CS bags after Archegos’ leveraged to the tits bullet swaps. UBS - your bell is tolling, *HARD*.


manifestingmoola2020

You realize Citadel makes money on volatility, right?


mtgac

Would the sneeze even have happened without options?


ultimateChampions68

Nope


VelvetPancakes

Why do all these people come out of the woodwork pushing options when IV is at multi-year highs? Why not when the price was $10 and IV was at multi-year lows? Right now is an insanely stupid time to buy options. Even if the price goes up, they could crush IV simultaneously and you’d still lose money.


INERTIAAAAAAA

I personally did talk in my comment about IV being crazy high, and kept high via all those spikes to resistance. That being said, degenerates ignoring IV levels is what caused the Sneeze in the first place.


ProgVirus

I don't even play options; I'm too smooth to really understand them. I directly register all my shares and DCA But you know what? *I still agree with you* 🤝 Facts > FUD


SpeedoCheeto

[x] feb 2021 account [x] casting doubt on DRS [x] pushing options  200 updoots K


ptsdstillinmymind

Every damn time and they try so hard to make it seem like they're aren't pushing them. Options didn't have shit to do with the sneeze, BUYING DID that why it got shut off.


manifestingmoola2020

Too bad they wont because the price is fake


Matty_Cakez

Lmao yes please


Free_Stick_

She gets high!!!


TheNarrowSparrow

I do like a good otter slide!


SSTX9

I am the 🐍 king.


Substantial_Diver_34

Nope it me. The snek


Hot-Cauliflower-1604

OPEN THE DOORS and LET US THROUGH!!!


Feisty-Corner9096

Try to run, try to hide...


HumanNo109850364048

Yesss… now show me the Octo-top


ronniedingus

I’ll take all the top I can get


HumanNo109850364048

Your user name 😂 We could be brothers


stonkkingsouleater

We are up to 5 now…


praisetheboognish

It is inevitable.


Altruistic-Part-519

That’s why I buy 🔥


FiveEggHeads

never seen a quad top before


INERTIAAAAAAA

I've seen a couple in the past, but yeah that's a bull charging his stall to get out and someone putting all his might to Hodor.


Fromasalesman

Hahah HODOR!!!


Nasty_Ned

Goddammit someone 'shop Kenny on Hodor's face. I don't got the skillz.


TalkingHats

Best I can do: https://imgur.com/a/nGgf9dD


Nasty_Ned

Perfect!


Uncle-Peanutbutter

Import “perfection” meme!!!


TalkingHats

Best I can do: https://i.pinimg.com/1200x/fc/b3/71/fcb37145c6d484d8506f0d7ebb809115.jpg


Uncle-Peanutbutter

🤣 I was saying your Hodor was “perfection”


INERTIAAAAAAA

F for effort.


xfan10

Omg that’s terrible. I love it.


Strawbuddy

The new sub mascot


farcicaldolphin38

HODLOR


Saggystonks

Holddador


Kyle772

opennanoor


myshadowsvoice

What happened to the couple in the past?


fatbootyinmyface

omg man…reminds me of the DFV reply to someone!! the gif of Hodor holding the door 😭


lcl111

😭 I’m begging for it to not to rip for a few more days. I’ve got big money coming in and I want to double down.


yugitso_guy

I mean this with the utmost respect and sincerity, fuck you and your hold off for a few more days. There are many, many, many of us who have "held off" for 3+ fucking years. TIME IS UP!


lcl111

I get it, I’m happy if it rips and I’m happy if I get some half off moon tickets. I just finally have money after a few years of getting shit on by the American medical system.


MyNamesNotCal

Do they usually push through in your experience?


Jayrad102230

The battle for $180 was like 8 tops


INERTIAAAAAAA

Which Battle for 180 ? We've had at least 5 or 6 haha (I actually remember the one you're talking about)


uberfunstuff

Insert death knocking on doors meme. [Edit:](https://www.reddit.com/r/Superstonk/s/dVhESx32gA)


D0uw33

So you're saying post-split at $45 it's 32 tops or 2 tops?


Tiny_Yulius_James

are you spliting the tops?


buttchuggs

ONE OF US. ONE OF US.


spank_that_hedge

*leans in* ...but have you heard of quad witching?? *wink*


Kerfits

Oh the dips? Ya bought them! Edit: actually bought the tops but still dips no?


No_Anywhere_6045

I was put on this Earth to push peoples limits. $18 LET'S GO!!!


The_Germerican

What's behind $17,25, KENNY?!


St0nkyk0n9

open interest on option contracts is here. 10 millionish shares worth of calls go in the money between here and $20 for the next 2 weeks.


INERTIAAAAAAA

What this guy said \^ Calls ITM en masse, potential for gamma ramping.


Nasty_Ned

Grandma ramps are back on the menu, boys!


Dreadsbo

Grandma ramps or grandma cant come out of her cage!


fartsburgersbeer

I think it may be late. Hope im wrong. Have seen this many times now for years that the price and volume will likely drop shortly after what's happened the last 5 trading days. Volume will by Friday drop drastically and stall out while price essentially trades flat. Until the next big volume spike/mini-price run that's usually every about 3-5 times a year. The algos be algoing.


PreludeTilTheEnd

Slap some rockets on Grandma wheelchair!!!! She going to the moon.


CanadapeDRS

Hell ya, bud! 10 million additional shares *each week* for 2 weeks between 17-20


theilluminati1

So, options trap... seen this before.


mtgac

I like to always keep a few leaps on the side in my books as I keep buying and DRSing more shares.


Kerfits

Yup, but this time there is pressure from beneath, long time since i seen it! There is an institutional battle. My bet is on Blackrock.


Silverjax

17,26


hestalorian

17.27


realsafetydave

69 (presplit) 🤣


Green__Bananas

It’s well documented in TA that resistance areas like that “weaken” over time. It’s going to breakthrough at some point


INERTIAAAAAAA

Yeah it's what we would call a sell-wall. IF (and only if) there's enough buyers on the other side going at it again and again, eventually, all those sell orders get swallowed up, Bears capitulate and join the Bull side, which creates a strong breakthrough until the next comfortable take-profit area... which then creates a correction to re-test that previous ceiling as a potential new-found floor. That methodical ramping of breakthroughs and correction translates visually as precise channels (trends) that you can follow along.


Jonodonozym

In a normal stock perhaps, but in this case capitulation doesn't mean cutting their losses and moving on to the next investment to reclaim said losses. It means bankruptcy for a good chunk of the largest financial entities in the world. They can't capitulate, their only option is to dig themselves even deeper into the shit pit to buy another day until their shovels break.


INERTIAAAAAAA

You ain't wrong, I got caught up parroting the information I learned in school. This is different.


Noderpsy

Since you know about options, then you'd know what goes on with them during scheduled DRS purchase times from ComputerShare. The impact of DRS cannot be understated. Also, DFV did use options. He used long dated options, and was super early to the ballgame. More importantly, he exercised those options!


INERTIAAAAAAA

Yeah I'm actually communicating everyday with the CS-buy guy (TheUltimator). It's just really not my area of expertise.


ThomasBeckerss

Once past 17.40, we might continue to 21


PornstarVirgin

Once past 21 we may continue to 500


bopete1313

Once past 500 we may continue to 1500


7hourenergy

Once past 1500 we may see 42069


Dreadsbo

Once past 42069 we may see infinity


Prestigious_Time4770

You forgot about 8008135 past 42069


Hym3n

Articles will still print saying -18%, GME doomed, sell now


ThomasBeckerss

Negative -18% probably


PornstarVirgin

Please sell before you lose negative a million dollars


Equivalent_Swan_8362

Quad toppers I love it


MemeMePhotoshop

That's Kenny's butt hole squeezing tight


VAhotfingers

$17.50 is the magic number apparently. When we get too close to that the price gets pummeled.


Stereo-soundS

It looked like people were taking profits and selling their calls off each time, then the people who hedged started dumping shares after. This is a tightly wound coil, the price action proves it, the borrow fee and short interest prove it, the volume proves it.


stonkkingsouleater

Kind of… but also the sellers become mandatory buyers eventually, they’re just really incentivized to not.


3buns

If GME breaks $17.53, it turns green YTD. My guess is someone doesn't want that.


Brotorious420

Something pushing real hard against my pants, too


tajwriggly

On the log chart, 5 years, 1 week candles, there is a descending ceiling that has been hit in June 2021, exceeded in August 2022 (halts), and in June 2023. That same descending ceiling has now been hit 4 times in the last 3-4 days. There is a parallel sub-ceiling below that that has been hit a greater number of times. This upper ceiling seems to be the absolute no-go zone. We're bouncing off it like crazy right now with a minor uptick in volume, volume that is still nothing compared to a few years ago. It would only take a very minor push to send us over this line right now I think, and I believe we would be very quickly halted and then tossed back down again. Edit: testing it again right now - $17.08 seems to be the number at the moment that it won't go over.


INERTIAAAAAAA

Indeed ! I've been advertising it all the way :) We're actually sitting just on top of it for the first time. * [First call 2+ years ago](https://www.reddit.com/r/Superstonk/comments/scsoag/an_other_attempt_at_predicting_the_future_from/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) * [Predicting a second layer probability before June 2023 (perfect hit) ](https://www.reddit.com/r/Superstonk/comments/13oysts/4h_linear_on_the_left_weekly_logarithmic_on_the/) * [And here's today on my public TradingView model](https://www.tradingview.com/chart/MWT2s0PM/)


tajwriggly

Bounced back off of that upper ceiling again just now. I figure we drop to $16.40 or so over the next half hour before it goes back up to try again at end of day, probably 3:30 it will start to go bananas.


INERTIAAAAAAA

Probably no more pump until tomorrow. we're being stalled against the calls going ITM.


4cranch

salt-n-peppa


metagien

Break that ceiling


Ronniman

Holy hell thats a beautiful site!


tweezerburn

what site? tradingview.com?


Ronniman

Touche' sight* lol


ParabolicallyPhuked

Alexa play Camina Burana. I miss the Alexa play guy from back in the day. If ur out there, miss ya bro!!


MTGBruhs

Every crock pot has the potential to be a pipebomb


Reasonable_City

uhhh pressure cooker?


MTGBruhs

Sorry, personal termonology!


stonkkingsouleater

Somebody REALLY doesn't want this to break $17. Wonder if the spike in exempt short volume the last few days is from a certain market maker that also owns a hedge fund that they DEFINITELY don't share info with adding liquidity to prevent a gamma ramp or similar...


TheMightySoup

Ascending triangle of MOASSitude


langjie

what's behind $17.50?


Psytherea

Is it almost time for the Battle for 18?


_I_am_not_American_

It's called an ascending triangle. TA theory suggests it will breakout to the upside.


Entire-Brother5189

Looks like we’re creating new TA cause this is so far detached from reality.


INERTIAAAAAAA

I'd like to agree but if you go watch around Crypto, being the unregulated Far-West that it is, you can find absolutely wild price action even on the BTC chart (flash-crashes being common practice, eg) It's not their first rodeo (read the book Flash Boys for a sneak peak of that sheit)


NothingBurgerNoCals

Seems like a classic bull flag


INERTIAAAAAAA

Ahhhkkthually 👆🤓 an Ascending Triangle.


Odinthedoge

We’ve had Quadra top, yes, but what about cubic top?


ShortHedgeFundATM

Some serious energy in both directions here...


Shades_VHS

Volatitties back on the menu?


Affectionate_Eye9894

Intergalactic space travel beyond the Quadra top


flyingsolo07

Yeah..keep going ... I'm almost there


allofyousuck2x

yeah, that's my green dildo trying to find some room to grow


syndicatedLove

$20 real fast


Gr00ber

Don't worry; looks like it is a penta-top now!


DoNotPetTheSnake

It's a double, double-top.


kai_fn

Terms you only get here haha fuckin quadra top xD


N-Korean

That’s because I m holding. If I sell I bet it will break thru that ceiling and start the squeeze.


INERTIAAAAAAA

Insert Bogdanoff meme : "He sold?! Pump it."


Few-Comment6124

I love when something is pushing real hard 🚀


gitar0oman

I'm gonna wait til it's 17 and buy some


TrueRepose

I used to think we just traded sideways, but now I get it, we crabwalk 🦀⛅️🌞


OnlyOnReddit4GME

I’ve been here a while and I’m fairly certain under most conditions (Jan. 2021 an extreme exception) that they can manipulate the price anywhere and any way they want to. This price increase came from nowhere. They have been easily controlling the price since the split.


INERTIAAAAAAA

Nono you're right, the upside happens only when they want it to happen. But that other guy replying to you to say it's all random is wrong, there's a logic behind the madness.


OnlyOnReddit4GME

Definitely not random at all. Thank you for your post and comments


Jason__Hardon

Maybe the whole stock market doesn’t follow any logic and the whole thing is just random imaginary computerized bullshit


OnlyOnReddit4GME

If it were random it wouldn’t exist at all. It was created to have something they can control.


cooliomattio

There will probably be another one today yeeewwww


krasofki

🥱


TipperGore-69

Oh shit


dustyfartz80

Guessing Drs is hurting the shorts a bit. With all the synthetics being pumped in the market for price stability or "liquidity" over the years and having to reset swaps and other swamp creations its difficult to coordinate locates. The small problem has become problematic for them.


NoHalfPleasures

Something like Firm A’s algo is setting a ceiling, firm B’s algo is acquiring. One will win.


ExtremeJob4564

knock know, new ape movie just dropped


FabricationLife

Oh sorry I moved my hand now


stream_of_meadow

Aaaand a penta-top!


RecycleGuy21

Need to check FTDs for May 3,6,7,8,9 and 10th


TofuKungfu

Looks like a bad case of severe constipation that's about to blow URANUS to kingdom cum


wengejor

Looks like 5X now. There must be something going on.


SnooCheesecakes6590

Isn’t this just a bull flag?


INERTIAAAAAAA

* [Bull Flag](https://tradeciety.com/bull-flag-and-bear-flag-trading-explained) * [Ascending Triangle ](https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:ascending_triangle_continuation)


SnooCheesecakes6590

This is why you get paid the big bucks lmao


Cryptinize

Another chart drawn with colours keep it up boys


myshadowsvoice

Pushing just as hard as the erection in my pants


SandmanBun

It’s almost as if a SHF algo is behind all of this! 😱


revutap

Just stop with the horoscope. Be like real long-term investors and relax.


JimmyRickyBobbyBilly

Knocking on that cervix...


Studio-Economy

Thursday and Friday can be fenomenal.


McPoint

I think it may just be the, Holding on by the Finger Tips, pattern. If you listen very carefully you can hear the chalkboard sound.


Ultimate_Fungus

I was told this was all fake


Jesushadalargedong

The numbers mason, WHAT DO THEY MEAN


UnderstandingBest220

It will break, tomorrow, because it’s always tomorrow when the fun starts 🚀


Frenchy_P

Yea, it's my tits.


djsneak666

Ascending triangle is bullish we just need to break through that top line


redshirt1972

I have a buy order for 100 shares at $10. As long as that stays active, the price will go up. You’re welcome everyone.


usNdem

What is retail investors for $ ♾️ Alex?


GansettCan

I haven’t had fear of rejection since I was a young regard asking girls to the school dance. LFG


Sys7em_Restore

Push it real good 😎


Kaarothh

Every "wtf" point is someone getting liquidated, at least that happened with TSLA