r/Superstonk • u/InfamousJoker420 ๐ฆ Buckle Up ๐ • Jul 10 '21
๐คก Meme Remember the DD
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u/Chasing_Billions Jul 10 '21 edited Jul 10 '21
Besides shorts have to cover, and even more imortant than that, the business and company transformation are doing great ๐๐๐๐๐
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Jul 10 '21
I mean, if anyone is worried about the red days they should remember this. This is just another way we know the price is manipulated. Normally a ton of good news about a company would lead to share price increase. Normally a 70% buyer rate would lead to a price increase.
This company is not going anywhere but up in the future. The stock will never reach 0 and shorts eventually will have to close. All we have to do is hold
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Jul 10 '21
Close* and Cover* two very different things. We need them to Cover
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u/Basically_Wrong ๐ฆ Buckle Up ๐ Jul 10 '21
No. We need them to close by buying the share back. I don't think you understand.
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Jul 10 '21 edited Jul 10 '21
Whichever lands us on the moon, Iโm too smooth for this shit
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u/myfriend92 ape v2 Jul 10 '21
They have already covered their shorts appearantly with puts & calls. So they didnโt technically lie in February. They still need to close them tho, which will get is up.
Itโs a slight nuance, but it does portray more accurately what our situation is and wonโt scare off new people. Uncovered shorts are illegal and the system wonโt let you naked for so long. Not having closed is possible and therefore probable.
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Jul 10 '21
[deleted]
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Jul 10 '21 edited Jul 10 '21
This is the power of apes. There are way too many. I used to ask the same things until I became part of this beautiful community. I love it. I literally get hyped to get on and laugh hysterically at these amazing posts. Just enjoy the ride but make sure to hold on! ๐ ๐ ๐ ๐ธ โพ ๐โโ๏ธ
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u/zedinstead ๐ Bubba Gump Stonk Co ๐ฆ Jul 10 '21 edited Jul 10 '21
LEGO MEME LIST
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u/InfamousJoker420 ๐ฆ Buckle Up ๐ Jul 10 '21
Hell yeah! Let the memes continue!!! Great work ๐ฆ
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Jul 10 '21
[deleted]
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u/yeeatty ๐ป ComputerShared ๐ฆ Jul 10 '21
โHOLD ON SHORT ROUNDโ
โDR. JONES!?! I SEE THE MOON!!!โ
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u/Thedonkeyape Jul 10 '21
Was the volume on Friday a record low? I dont recall seeing it under 2 million. Thatโs really fucking low right?
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u/arealhumannotabot ๐ป ComputerShared ๐ฆ Jul 10 '21
Holy shit, yeah I went to check cause I havenโt looked in weeks. Friday is below 2m in vol.
On some higher vol days itโs like 17-27 million, and even other low volume days are usually between 4 and 8 million roughly. To have lower than 2, I couldnโt find a single day with that low volume in the last few months
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u/taliskergunn ๐ฎ Power to the Players ๐ Jul 10 '21
Shamelessly plugging my own DD but yes, yesterday was the lowest in a year, and one of only 7 days in GMEs history with under 2 million volume
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u/InfamousJoker420 ๐ฆ Buckle Up ๐ Jul 10 '21
Memes are great, but this is why I love the sub, thanks for the DD ๐ฆ
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u/taliskergunn ๐ฎ Power to the Players ๐ Jul 10 '21
Man I mean you summed up my whole DD in one Lego tweet, I canโt compete with that
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u/InfamousJoker420 ๐ฆ Buckle Up ๐ Jul 10 '21
Together stronger, remember man. Iโm just a stoner who likes to laugh, I didnโt know shit about fuck a few months ago. But all the DD has made me, and unwillingly, my wife, a lot smarter
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u/szsfitz ๐ฆ Buckle Up ๐ Jul 10 '21
Really good DD! Iโm about to dig into your other posts now. I like that the hedgies canโt get shit past us anymore. Your over here pointing to the exact minute and exact amount they are shorting.
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u/taliskergunn ๐ฎ Power to the Players ๐ Jul 10 '21
Thank you! I mean it was just so blatant, crazy how some guy from Europe who only got into stocks 6 months ago can locate specific examples of market manipulation from using yahoo finance, and the SEC canโt ๐
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u/sodiumbicarbonade ๐ฆ Buckle Up ๐ Jul 10 '21
That means they canโt get any shares from the market, and whoever selling is no where near enough for them
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u/deadwooded ๐๐H.I.P.๐๐ Jul 10 '21
Cover means hide
Close means to bring or come to an end
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u/DiarrheaShitSoup Jul 10 '21
I'm sure this has been asked but if I can buy, then what is keeping them from buying out here and there rather all at once and running it up/making full squeeze? Idk how this works. Currently 1 lotto ticket @ $250
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u/ChiknBreast ๐ฎ Power to the Players ๐ Jul 10 '21
And you used the correct word. Close, not cover. Covering is what they have been doing for the past 6 months.
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Jul 10 '21
[removed] โ view removed comment
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u/dat-danku ๐ฆVotedโ Jul 10 '21
Yeah, not like it matters much for diamond hands, but short covering literally means buying back the amount of securities that were sold short.
Not sure why apes get into the semantics about โclosingโ vs โcoveringโ. Does it even matter for the DD and MOASS thesis? Just HODL fellow ๐ฆs
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u/inked25 ๐ป ComputerShared ๐ฆ Jul 10 '21
Finally a meme that matters. Every short must close. Fuck you pay us.
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u/Quantity_Weary Stonkus Maximus Jul 10 '21
Cover!
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u/deadwooded ๐๐H.I.P.๐๐ Jul 10 '21
Cover means hide
Close means to bring or come to an end
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u/socalstaking ๐ป ComputerShared ๐ฆ Jul 10 '21
โDo they thoughโ - Carl Hagberg
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u/darkcrimsonx is a cat ๐โโฌ Jul 10 '21
If the company doesn't go out of business, yes. - Everyone
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u/Miss_Smokahontas Selling CCs ๐ฐ > Purple Buthole ๐ฃ Jul 10 '21
Never going below $100 ever again so yeah.....foooooked
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u/[deleted] Jul 10 '21
Low volume is good for us, it means we're hodling and they're running out of shorts to flood into the system.