Show Menu
Cheatography

from Gamestop to Gamestonk 101 Cheat Sheet by

Basic guide to Gamestonk

Gamestop Logo

Basics, Main Actors and Some Concepts

Game­stop
American video game, consumer electr­onics, and gaming mercha­ndise retailer. NYSE: GME
Apes
Investors who buy and hold shares of Gamestop, are retarded and stubborn
Hedgies
Some inversion companies who made the fatal error of short Gamestop, causing themself enormous losses
MOASS
Well, this need some more detailed explan­ation, see below
Reddit
A comunity of internet users. See www.r­edd­it.c­om­/r/­Sup­ers­tonk
Long
A type of inversion, You buy a share and hope goes up
Short
A type of specul­ation, You don't have a share, you ask someone to lend it to you. Sell it, rebuy it later. And return it to his original propietary paying interest. THEORI­CAL­LY!!!!
SEC
U.S. Securities and Exchange Commis­sion. No commen­ts....
Call
A financial contract to buy shares
Put
A financial contract to sell shares
Dark Pools
Privately organized financial forum or exchange for trading securities
Fuckery
Financial shenan­igans (secret or dishonest activi­ties)
This is the way!
A way of life, Buy & Hodl, be happy, patiently wait, help each others
DeepFu­cki­ngValue
Megahero legendary investor Keith Gill
Ryan Cohen
Megahero legendary entrep­reneur, CEO of GameStop
NYSE
American stock exchange
Any error? Please, let me know to fix it. Thanks in advance

A little history

First Key, reddit is an online network of commun­ities known as subred­dits. r/Wall­Str­eetBets is a large subreddit where members generally share high-risk invest­ments, a mythical figure at the center of r/Wall­Str­eetBets and GameStop is a user called u/Deep­Fuc­kin­gValue. As far as September 2019 he had roughly $50k invested in calls of GameStop stock (call options = a contract to buy a security in the future at a specified price and date) now his ownership is up to 200,000 GameStop shares. Well played, Keith. I like the stock too.
You must read about Value Investing, and so on...

Second Key Ryan Cohen (Legendary Investor Who Made $3 Billion Almost Overnight) decide get into Gamestop. Seeing an oportunity to transform it. Cohen’s goal is to push the company rapidly into ecommerce. Now the company has ZERO DEBT, PLENTY CASH money on the box, and so on...

Third Key A company bet doomed by Hedgies, heavily shorted is now by surprise on the way to a bright future. Things changes, sometimes very quickly..

Fourth Key Shorts must cover. This is the sad truth for some. Eventually this has to happen. The situation can be prolonged in time but not indefi­nitely. The chain losses for shorters will be astron­omical in scale. Crazy gains for longs too. The longer it lasts in time, the greater snowball they will be. It is simply financial thermo­dyn­amics. Or financial entropy if you want to call it that.

Fith Key Almost all of the float is in the hands of individual investors who buy and hold. The even don't care if it goes up or down. If it goes up they keep. If it drops enough they have the opport­unity to buy more. They wait patiently for the MOASS. The greater squeeze of all times.

Sixth Key The big key. Hedgies still are in. Deeply shorted still inside. Several times the amount of the float. Which is a real madness. (Madn­ess?, this is Sparta!) But since the Hedgies never intended to cover, they got inside more and more... and this is what there is now: A real financial black hole for the Hedgies and related and a Big Bang of money for investors. Wait and see....

Financial Scenarios

(Hormo­zzadeh) The situation in Gamestop is pretty simple. There is no suply of stock and there is a massive demand because short sellers need to cover and new buyers coming every single day. Stock should go higher and higher until demand satisfied. Period.

There are several scenar­ios, in my humble opinion, of what is about to happen:

First: Time passes and apparently nothing happens. Well, not so, prices go up or down. Snowball get greater and greater, tic tac, until BANG!!! Because this situation is not stable. Only cuestion of time.

Second: Investors decide to shoot themselves in the foot by selling the shares, Shorts can cover cheap... sorry Hedgies, this is not going to happen because investors have nothing to lose and much to gain. Simply waiting..

Third: The MOASS, Margie Call, gimme my money... This is by far the most likely scenario. Just matter of time. May US financial system put a limit to max price? nobody knows...! some are talking about 30 millions US $ a share or more, some infinity. Buy a cristal ball and say $1 million a share to avoid a systemic crash. The US government makes a lot of money from taxes, the problem is solved and so on...
Third scenario is higly specul­ative because nobody knows what is about to happen except that share price is gonna goes up to the moon and shorts must cover. Apes begin to change the world for good with their actions, gently helping other, etc.

It is implicity assumed that an APE

* Is going to dedicate a portion of the benefits of its invest­ments to the common good, helping others and the benefit of the planet.
* Is going to be discreet and gentle.
* Does not make its investment against anyone or anything but for the benefit of himself, family, friends and its enviro­nment.
Unwritten clauses. This is a voluntary commit­ment. No obligation of any kind. Each person is free to do what he pleases with his money. However, this is what an good APE does.
 

Gamestonk Logo

Fuckeries

Propaganda
Disinf­orm­ation media. Ex. 'Hype false bad news to down price stock'
Manipulate Stock Price
Ex. To Down: Sell in open market, buy in dark pools on fixed prices
Hide Puts on ETFs
Pack shorts with other stocks
Kick the can
Go on shorts on later dates. Making the snowball greater
Block buys of stock upon going up
Some companies are on litigation for causing loses
Lend your shares
Use your stock to temporary sells or buys or collateral making you lose money. Sometimes you even don't know this is happening, take a look to your broker contract.
Use of privileged inform­ation
Reorder of stock orders, slow orders, pack buys or sells on some criteria, priorize clients, etc.
Buy Puts with no intention to cover
The objetive is crash down the corpor­ation with some combined attacks. And make good money with the puts.
Failure to deliver
Inability of a party to deliver a tradable asset, or meet a contra­ctual obligation
... more fuckeries
We could go on and on.... forever. Take a look yourself on Internet
All this inform­ation has been collected searching by Internet. All is public.
These are techni­ques, no implicit acusation to anyone or it. SEC is to avoid this.
Are used by some companies to their profit? I don't know. I am just a humble reader.

Your Secret Weapon

Tell everybody the truth Read, Learn by yourself, Think!
Then you will know the truth, and the truth will set you free
John 8:32

See also... read more about ....

The legendary MOASS

With more of 140% (some say 250%) of float shorted, is obvious that the MOASS (Mother of All Shorts Squeezes) is an eventual scenario for price shares of Gamestop. This is how the short squeeze of GameStop Inc (NYSE: GME) is being called.
You can read about it here:
https:­//w­ww.r­ed­dit.co­m/r­/wa­lls­tre­etb­ets­/co­mme­nts­/m7­9wd­x/w­hy_­the­_gm­e_m­oas­s_m­oth­er_­of_­all­_sh­ort­_sq­uee­zes_is/
As an example you can see the movie The Big Short.
Read about beta negati­ve,­index. https:­//w­ww.r­ed­dit.co­m/r­/de­epd­ili­gen­tin­ves­tin­g/c­omm­ent­s/m­6jh­u2/­ext­rem­ely­_ab­nor­mal­_ne­gat­ive­_be­ta_­of_­gme­_ev­idence/
The effect of short selling on a positi­ve-beta stock will be to give the stock a negative beta. Otherwise, in normal situat­ions, there cannot be a negative beta stock because it is only theore­tically possible, not actually possible.
What is GME's current beta? Depending on the source:
Financial Times: -1.7413, Yahoo Finance: -2.0, Nasdaq: -2.09. At 16 March 2021.
According to Thomson Reuters GameStop has a short squeeze score of 100. That is the maximum it can get. Starmine short interest model. They provide this score to Thomson Reuters.

https:­//t­rai­nin­g.r­efi­nit­iv.c­om­/po­rta­l/d­ocs­/pd­f/i­nte­sas­anp­aol­o/S­tar­min­e/S­tar­min­e_s­hor­t_i­nte­res­t_m­ode­l.pdf

Disclaimer

Not a financial advice. You are adult, make your own decisions!
There is no we or us only you o yous....
This reference sheet is for your consid­era­tion. It contains only inform­ation. It may not be free of errors. It has Zero recomm­end­ations. There are no coordi­nated actions or group decisions. In other words, any investor acts indivi­dually and is respon­sible for the conseq­uences of their choices.

Version 1.2

Sugges­tions are welcome. Post your commen­ts...
30 July 2021
               
 

Comments

Don´t be shy... say something....
Jorge Juan

Add a Comment

Your Comment

Please enter your name.

    Please enter your email address

      Please enter your Comment.

          Related Cheat Sheets

          More Cheat Sheets by jorgejuan007

          Lista de los Reyes Godos de España Cheat Sheet
          Productivity Laws Cheat Sheet
          Citas sobre la Estupidez Humana Cheat Sheet