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Caveman33

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About Caveman33

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  1. I'm available most of the rest of today or tomorrow before 3 est
  2. Yea, I've been on Reddit lately and while it is hard to decipher fact from fiction, it seems like a lot of folks are hardcore believers. I'm short 300 shares of AMC. It looked quite bleak for a couple days but now I'm hoping to get out with a small profit by the middle of next week. Since you're long 316 and I'm short 300, if AMC goes to the moon, I may have to be your butler for the rest of my life.
  3. https://finance.yahoo.com/news/u-sec-chair-signals-sweeping-170716701.html I was likely very wrong with my previous assumption. I do think the brokers and exchanges screw us over on execution prices. Certainly don't like reading stories like this when I am short. Just more fuel for the hodlers fire.
  4. They are almost certainly looking into collusion on the part of pumpers. It probably won't amount to anything. The hodlers are predictably spinning this to mean evil shorts are being investigated. I think you are right that shares will rebound to 300 at some point.
  5. https://www.youtube.com/watch?v=TSlF3TEmLEA In case anyone is interested, you can hear this excerpt at about the 8:30 mark.
  6. I see someone shared this excerpt from the meeting: "I am pleased to report results of proposals are as follows: Mr. Sherman, Mr. Attal, Mr. Cheng, Mr. Cohen, Mr, Grube, Ms. Xu have each received a majority of the votes cast and they have been elected to records. (Can't make out the beginning of the next sentence due to crowd noise)... have been approved by 44,852,722 million votes constituting 93% of votes cast on this proposal." That should be some cold water on the conspiracy enthusiasm but who knows.
  7. Yea, I have regrets but I am stubborn and will see it through. Someone offered a reasonable explanation that the statement is standard for shareholder meetings to establish that a "quorum" has been met. My initial reaction was in response to the Superstonk mods who excitedly declared this confirmed their wild theories. AMC is floating a similar conspiracy so I am looking forward to it being settled once and for all.
  8. I think everyone here understands this and I assume most of the larger holders of these stocks also understand. But it seems they have roped in a lot of diamond handed fools who don't know the difference between share price and market cap. Now I may be the biggest fool of all because I might lose everything betting against them. I am feeling more optimistic after hearing how GME carefully phrased that "more than the majority of shares voted" comment. It has caused some people to doubt but they may have been bears to begin with. QAnon thinking is strong so as Ryan Cohen said in the meeting
  9. Is it true that GameStop said in their meeting today that "more than a majority of shares voted"? Even if the vote count comes in under the outstanding total, I'm sure it will be chalked up to manipulation, etc. This reminds me of QAnon.
  10. You'd have to look at the profit on shares sold. If you bought 1,000 shares at $1 each and then they rose to $1.10 each, you would sell about 910 shares to recoup your $1,000 initial investment. So $91 in profit there and the other $9 in profit would still be invested with the remaining 90 shares. If you bought shares at different prices then you could sell the shares bought at the higher price first to minimize your capital gains. I don't worry about taxes though cause I don't make profits. Someone else will correct me if I'm wrong.
  11. WSBs likes to say "Sir, this is a Wendy's." At least they are pumping a profitable company for once. I wonder if the decline in crypto is related to people using that money for all these pumps. I feel foolish for not joining in. I didn't have faith in the herd but they are proving me wrong.
  12. I think you'd have to pay taxes on a profit of about $91 from the sale.
  13. Tell me about it. I'm looking forward to that vote count as I hope it will be a catalyst for the meme stocks to go boom or bust. I don't think either scenario will be damaging to the hedge funds. They are on top of this game, making money on the volatility.
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