On 1/28/2021 at 10:34 AM, blvdone said: I'm not in any of those reddit WSB short squeeze stocks either. As a visual representation of this event, the chart below presents a method of valuing the option market maker risk (exposure) caused by these new trades. The DTC was so low because the volume was so high (93M) that day right? Historical and current end-of-day data provided by FACTSET. It operates through the following segments: United States, Canada, Australia, and Europe. What is most likely for GME today, go up or deep down? Wall Street has deep pockets and when the stock rises 100% - 300% in 1 day (e.g. This indicator is powerful in gauging the ease-ability of the shorts to buy the shares that are short, and thus potentially causing dramatic changes in stock price. Afaik they had to double down again, and it could be around 240%. If you want to bet against a stock, there are safer ways to do it, such as by buying puts. Again, as GME stock price was increasing, the market makers bought hedges and the short sellers bought stock to cover their short positions, thereby creating extraordinary upward pressure. GME shares rose … Take a look at some of these posts: And as they bought the stock, the price soared, forcing more shorts to cover their positions, and again, this means that more people are BUYING. The short interest still has not changed from ~140%. Safety stock inventory is different from your cycle stock, which is the stock you expect to sell based on your demand forecasts. GameStop Corp. engages in the retail of multichannel video game, consumer electronics, and wireless services. So why the fuck would you be okay to let someone else short the shares YOU have? The Transformation Is on the Way. Been this way a while so I figure there is no deadline unless there is a board vote. Subscriber Agreement & Terms of Use, Short Borrow Fee Rates. CFO exit. If so, when so I can buy. She’s Not Done Yet. GME | Complete GameStop Corp. Cl A stock news by MarketWatch. This euphoria, which was born in day-trader chat rooms, has been cast a wary eye by Wall Street pros and the analysts that cover the retailer. 2. A day after testifying in a US Congressional hearing about GameStop last week, he indicated he added another 50,000 shares after 3 February doubling his GameStop stock position. The share price may correlate with the amount declared because share prices usually correlate with cash flows, but a change in share price does not require a change in the amount of dividends to be paid. As GME was rallying, online traders on Reddit began posting about the stock and buying it to manipulate the shorts. The stock's lowest day price was 127.5. Take a look at some of these posts: And as they bought the stock, the price soared, forcing more shorts to cover their positions, and again, this means that more people are BUYING. You KNOW that GameStop doesn't have a business plan that allows you to cover the required dividends to cover that increase, it's been in the news for more than a week that this is due to all the short positions, and everyone knows that it will crash way down from this level sooner or later. Monday, with an even larger spotlight on the trade, GME blew its top at $159.18, eventually settling at $76.79. Log in to see them here or sign up to get started. Ride Rocket Back to New Highs, But Slowly This Time. Read next: Stocks Close Down Slightly on Busy Earnings Day There are a few, actually. Press J to jump to the feed. Short covering, also known as buying to cover, refers to the act of buying shares of stock in order to close out an existing short position. In addition to GameStop, the wild trading affected other heavily shorted stocks… As reported in the last short interest update the days to cover for VYNE is 7.124351; this calculation is based on the average trading volume of the stock. The last time we saw we saw a squeeze like this was in 2018 with Tilray Inc. (Nasdaq: TLRY), a cannabis company that saw its stock shoot up 1,400%. All traders who have shorted the stock are scrambling to buy the stock back quickly before the price goes even higher. DD. There are 9 different short stocks between $1.98-$5.96. GameStop (NYSE:GME) Stock Gets Extra Life as Short Squeeze Kicks In Indeed, that hit did arrive, and by December, GameStop stock was trading at about four times what it was back in May. It’s probably best not to short at all. One way to short a stock is to buy put options. And in GME’s situation, as the stock rallied on good fundamental news, shorts started to cover. In the last 12 months, GameStop had revenue of $5.16 billion and -$274.80 million in losses. Now they’ve been packaged into a new ETF. … There will be a heavy squeeze in the next few trading days. There are currently no items in this Watchlist. In need of someone to link me to the actual DD since I only just started to learn how all this works. The GME stock story is completely being reported wrong and looks to be a false flag operation against Reddit. They have to dig a deeper hole and the squeeze continues. Get the latest GameStop (GME) stock price quote with real-time news, financials, charts and other important investing information. This is most likely when the squeeze will happen. Intraday Data provided by FACTSET and subject to terms of use. Is there a lesson to learn from this? Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. This table shows the interest rate that must be paid by a short seller of US:GME to the lender of that security. Tax preparers give tips to help you qualify, GE stock rises as Morgan Stanley reiterates bullish call on potential GECAS deal, ahead of investor update, Twitter CEO Jack Dorsey is selling his first tweet — bidding has reached $2.5 million, Chipotle Stock Gets a Bump After a Nod From Goldman Sachs, Gold climbs by over 2% to reclaim $1,700 mark, GameStop new strategy committee includes Chewy co-Founder Ryan Cohen, GameStop creates committee to identify way to accelerated transformation, GameStop stock rises 5.0% premarket, after soaring 239% over the past 2 weeks, Tanger Factory Outlet Centers Stock Falls After Goldman Downgrade, Senate probes Robinhood business model at GameStop hearing, Why VanEck’s New Meme Stocks ETF Might Not Be Reddit-Worthy, GameStop rallies another 15% premarket, as AMC, BlackBerry, Koss and Naked Group also gain, GameStop Corp. Cl A stock outperforms market on strong trading day, Senators to put Robinhood model under microscope again at GameStop hearing, Nasdaq marks first correction since September as Dow books biggest outperformance against peer indexes in years, ETF Wrap: Portnoy’s complaint and emerging-market alpha. All quotes are in local exchange time. Upon yesterday’s market close, the price had reached $91.71 a pop, totaling an increase of more than 110% over the past three days. Dow opens higher but tech stocks come under pressure Monday as investors wrestle with rise in Treasury yields, GameStop stock surges after tapping Chewy co-founder Ryan Cohen to chair new strategy committee. As Churchill Capital IV Stock Tumbles Investors Won’t Learn the SPAC Lesson. GME: Get the latest GameStop stock price and detailed information including GME news, historical charts and realtime prices. But, believe it … See what stocks are on extreme levels and the most shorted stocks by sector and regions. Have Watchlists? GME stock defies gravity. Reddit group WallStreetBets' traders helped drive the price from about $17 at the start of the year to $483. Why GameStop Stock Traders Should Beware The 'Law Of Twos And Threes'. https://financhill.com/most-heavily-shorted-stocks-today, https://twitter.com/ihors3/status/1354903079137763341. Close. But as I understand it.... Short interest data that was released Wednesday showed 61.8M short interest with 122.97% of float, and 2.1 days to cover. July 2021 $90.00 Strike PUT • 112.86% Annualized YieldBoost • 34.66% Out-of-the-money April 2021 $260.00 Strike CALL • 179.70% Annualized YieldBoost • 88.76% Out-of-the-money