E348 Let's go GameStop - I'm so excited for July!
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- Опубликовано: 8 сен 2024
- Let's go GameStop!
This is not financial advice.
I am not affiliated with GameStop in any way.
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I would bet 1 $GME share that DFV watches your videos. You are by far the best at deep diving into data, explaining it clear and concisely. And your passionate without needing to be loud 👌🏻
Doubtful. DFV seems to have figured things out that the rest of us haven't.
Those with the most knowledge are constantly learning and why wouldn’t he wanna listen to our boy?! Light hearted, fun, informative and again, confirmation bias for kitty
You're gonna be the next guy who used bitcoin to buy a pizza! "This guy bet 1 gme to a youtuber! Now valued at $100,000!"
Dude betting with $69,420 is a lot of money!
@@Fuzzhead93 if the money/bet is with Richard, it will be a small but glad donation for all his efforts! I wanna send this guy a box of brand new pokemon cards. His enthusiasm is just so contagious
love your daily workshop and the calm talk, making us holders sleep tight.
You’re a natural born teacher and I’ll be here for your class every single day! Thank you! 🙏🏼 💚
I agree with the confidence in GME. 3 years ago, it was a quick get in and get out play without even knowing if the company will survive. The situation is very different now and totally on the long's side. With the situation Gamestop was in, it was expected that some turnarounds will be successful and some will fail. All in all, RC has right a sinking ship and stockpiled it with cash.
The correlation between GME and BRK. A is that when MOASS happens, GME will reach and exceed its stock price on the way to the moon!!
Ryan cohen is the GOAT
How do you know this
Cleary this was much much more enjoyable than tonight's debate , I mean tonight's debacle. Thank you Richard for bringing some brightness to a dark evening with your stellar review and commentary.
There were two 5000 block purchases of 7.19 ($30) calls. Same size blocks as he used to signal the $20 GME calls.
where can we verify this info.? I have been looking for any clues of this.
I love you man. I’m really happy to see how much traction your channel has gained.
This stock makes me feel better. It is so well positioned for this upcoming uncertainty.
For me this is the most exciting scavenger hunt since the airing of gravity falls
We love that you obsess over GME!!!
Tinfoil: He changed the eye direction, timewise looking forward towards the dog days. The dog days start July 3rd, followed by American flag on July 4th. In the emoji sequence the dog and flag turn from grey to color: wizard of oz! We're not in Kansas (city shuffle) anymore. Also, the full period of dog days is July 3rd to August 11th. (close to your August 8th date) A meme yet to come is the song of Florence and the Machine: run, the dog days are over. Maybe a buildup in these 2 months and the actual run up in August?
That would fit the IV cycle perfectly, usual run up before earnings end of August/early September.
I have seen some correlation (see above) that could indicate we will already have a spike after the holiday though.
Maybe the tweet hinting Chewy now being on top of XRT holdings and GME dropping would be causing some serious stress, like Richard pointed out and thus the unexpected spike?
I bought calls for July 26 and August 16 so hopefully July is good lol
We appreciated all your work to provide these updates, see you on the next one!
I always feel happy when I’m tired in the morning and then remember it’s because I was watching a new Newton. Thanks again Richard! Still leaning forward in my chair.
:D have a good one!
All I know is - they need me to sell. The shares are parked and the money is written off. I came into this in 2019, wanting to make a few quid and maybe put a dent in my mortgage. I'm now in it for justice.
MSM are telling me on the daily that it's a lost cause, to sell my shares. Who do they want me to sell to? What crazy person would want to buy my shares when, according to the talking heads on a completely captured media, GME is such a bad bet?
I think I'll hold onto my shares until CNBC do an hour long special apologising for all the bullshit they've pushed over the past three years wrt GameStop - and the people who have invested into GME.
2019! Amazing.
Indeed - great point! Who are we all supposed to sell to?
@@beckylefeesho2669 same.
Not to mention that if we sell(which we never will), odds are the shares end up in a hedgies or MM’s hands. It’s all a ploy and a game. There is now a hard floor at $22.5 next hard floor is $25 and so on. We don’t sell and we wait for the price to ramp up until the pressure is too much for the scum bags who tried to keep this down. The price will only go up from here. Too many cycles, too many shorts, endless FTD’s… it’s game over hedgies
I think Roaring Kitty will DRS his pot of gold... GME get's me out of bed in the mornings... Another great video Richard.
Well done Richard. Just monitor the option chain do not buy options guys “when I move you move”
Thanks for doing what you do Rich . Make sure you get yourself that Eevee !
Thanks for everything you’re doing Richard!
Thank you Richard. Really enjoy your charting and analysis.. fun to watch and soon it will hopefully become clear that we were not wrong, just a bit early . Keep them coming!!
I spoke to one of the store leaders at Gamestop. He said they offer 50% of the value for the graded trading cards. He also said that Gamestop had to write a cheque for 37.5k to one individual who brought in hundreds of cards.
huge if true
@@Aizen402 I dont know why he would lie to me. No incentive to do so.
Should be great margin on these sales! Hope the program is a success.
Hi Richard. I ran RC purchase cycles forward through 2024 and found something interesting. Seems to line up exactly w RK 2nd purchase. To the day. Thought it might interest you. As if RK dropped his bomb right on top of RC’s rolling forward original purchase. Hope this helps.
🔥🔥🔥
I think the same thing - the cycles have always been from RC's buys and they've been reinforced now.
Dog days are over! Run fast for your sisters and fast for your brothers! Can you hear the horse's? Cuz here they come!
Florence+the Machine was used by RK id prior tweets 😎
ETF FTDs will start coming due today and next week we probably get another runup.
Hope so! Glad to see you still around, sir!
Ozymandias did it T+35 ago.
This is all very exciting… again.
I like end of July/August - myself.
I can’t say he’s sending messages through memes (because that sounds mental) and obviously I don’t know him personally, but he has self-described as both “lazy” and “meticulous” as well as being a “professional lurker” - I think he knows The Community is looking for meaning behind the memes.
And Kitty (like Cohen) gravitates toward certain dates: In their post, in their stock purchases…
But Mr. Kitty kicks it up a notch by posting at exact times: 00, 05, 30 … there’s that meticulous part.
And July is full of meaning:
July 22nd is the two-year anniversary of our stock dividend - split.
The anniversary of his first RUclips posts are coming up in July as well.
So, fun times ahead.
Until then put on your detective caps, get out your monocles and join the great hive mind, because there is a mystery to solve around the most fascinating stock on planet Earth.
Good morning from Croatia🎉
Hey Milchiggggs
I was following the options chain for CHWY a couple days before DFV did his tweet. Those large option purchases that went through - you would expect price increases from hedging or the options hitting the lit market but it actually did the opposite. Immediately after the options purchases price went down and the IV went down. Very bizarre. I have screenshots of the options chain and the timestamps. The fact that the price only moved in a bullish direction after DFV tweeted a dog - not only chwy, but other stocks and dog-themed cypto coins shows how the markets are dictated by algos triggered by media stories. It also shows that that there are no automatic or instant hedging of options - they have algos that beat price down to lower retail sentiment on bullish retail options flow. Market is indeed rigged.
correct, it does not make sense to buy options IF you dont have a tailwind that will spike the price in your direction, or else they would simply use their unlimited resources to pin it to max pain.
@@Aizen402 I'd argue it's only effective if options are purchased ITM and you have the capital to exercise. Otherwise the chances are the MM's are not going to bother to hedge and if there aren't enough options being exercised there likely won't be a significant FTD spike. Best strats imo are either buying shares or far exp options/selling puts.
Great post, thanks Teller. I agree, totally rigged system. All orders are "internalized" until they can make money on the plays.
I just started following CHWY and all stocks for that matter. I am trying to unusual understand volume periodically on certain stocks and I believe they are all tied to a few ETFs. CHWY had a large bump on Jun 14 and Jun 18. Any idea what that was? There is so little float, this stock is very similar to what GME was.
Hey Richard, I just want to add more weird coincidences to the pot. I was having dinner with my wife and she mentioned that June 27 was "Inu no Hi" which translates to "dog day" in Japanese.
Now get this. Dog day is based on the Chinese Zodiac and so repeats every 12 days. Its a cycle. So June 27 was quite literally dog day and it will be dog day again 11 days from now. I have no idea if any of this is connected to his tweets and emojis but its certainly a weird coincidence.
Thanks for focusing on Chinese culture , but we don’t have “dog day”concept , we do have year of dog which rotates on every 12 years 🐶 but I don’t mind if GME shoot to the moon every 12 days🙈🙈🙈
@@zhouxena4244 Thank you for replying to my comment. My wife is from Japan and dog day or "Inu no Hi" is a day celebrated in Japan. The cycle for it is based off the Chinese zodiac however, so it occurs every 12 days just like the year of dog occurs every 12 years in China like you mentioned.
Interesting. Can't wait to see what happens next.
This video did send a notification 😂 weird, more views as well. 🎉
Always appreciate your take. Yes we all were studying emojis😂
Hi Richard, hope you are doing well. Thanks for continuing to cover the GameStop story!!
Likewise, you too!
My boy Richard. We been waiting on u all day😂🎉
Thank you for the videos Richard, hope you and your family are doing well! HODL NFA
I enjoy your research and information. Thanks 🙏
just bought more shares lol its obviously a longer game now, undervalued.... power to the players.
Hail to the King, baby. HUZZAH LONG LIVE KING RICHARD 👑👑👑👑
Jesus is the King of all Kings. But Unknown Hinson is the Kang!
Roaring kitty the GOAT retail investor
I heard he was referencing the dog days of summer beginning July 3rd. And that same dog eloji was in a previous tweet, among other emojis, next to the American flag. Eyes were not looking towards the flag, as they would be now. Kitty is masterful, and having fun.
I got in at the start for easy money , but once moass hapoens and im paid it will be the hardest money ive made lol . Ive learnt a lot tho of how the stock market works and that ti me has been worth my time and money . Lfg lads to the moon
How much have you made?
I recommend switching your chart to standard candlesticks rather than Heikinashi. That type of chart smooths out some of the data, and you don't necessarily get a complete picture of each period's high, low, open and close.
that overlay was super cool
What if the microphone is indicative of tonight‘s debate… If you wanted. Ryan Cohen has made comments about politics being divisive
Keep up the great work!!
Richard. Well done and great job on your commitment to educate and inform via you well put together videos. God bless brother and keep up the amazing work
I was about to go to sleep but then this video got posted
Felt this
Same lmao
Yesterday's X post by RK was at 1 pm EST. The June 17th message was at 3 pm EST. The timing of his X posts is interesting.
Might as well start with a Bulbasaur... then might as well start with a Charmander... next thing you know you have your eyes set on a $100k Charizard 😆
"here we go again" meme :D
Fanatics has has the license to make mlb/nba/nfl cards now and they recently bought Topps. Look for a possible merger/acquisition with them at some point. The stores would be an outlet to sell there cards.
much prefer/look forward to these evening vids that capture the close while everything digests
Atta way, Newton! Keep the hype flowing!
Dog days, at least Google tells that - are in between 03.07.-11.08.. The Flag If Independence Day: 04.07.. Now the new Idea: the flame - perhaps the olympic Flame? The olympic Games are from 26.07.-11.08.. If you count 35 days Back from 11.08. you are somewhere around 08/09.07. anything of usefulness? Dunno I doubt it but wanted to wear my tinfoil!
:D
Exciting times! Thank you Richard!
Isn't all this fascinating!! I mean he's a clever guy with all his posts. Amazing.
Hey Richard i like your analysis but you're using the word "correspondence" when you really mean to say "correlation". Anyway, good stuff. Lets go GME $50 by Monday!
Hey Richard, great video. Have a great day !
Heartbeat pattern? I call it the thumper pattern, calling the grandfather sandworm
Love that!
Thank you fir your time !
Kitty’s bet that the price won’t drop below $20 6/21 still holds true after a week
Lets gooooooooo🎉🎉
Hi, can you take a look at "The Law of Unintended Consequences (Re-Revisited)"? DD? It was added 7 days ago by the ETF guy and flew under people's radar.
Now watch what happens as a consequence of tying a bunch of shorted assets together into an ETF and there is a massive flow of individual investors that buy all the stocks using options and gamma ramp them all?
Will do, thank you.
The Dog Days of Summer are OVER, Richard!!!! 😃
I recently watched the Bruno movie. I find it funny that the dog’s eyes and Bruno’s eyes are both green. My interpretation of Bruno was he’s observant of things that most people overlook and people think he’s magical and don’t like his predictions. I’d relate that to RK always being cited as the cause of events
Love it! It would be tough if you think about it - responsible for so much but just looking perhaps where others aren't.
Can’t stop won’t stop ❤
Heck yeah, late night video, let's goooo
Love your Vids!
30:00 Options drove it the first time.. thinking share ownership is driving the peaks this time
The mic emoji atop the flag emoji makes me think a July 4th announcement
I was waiting for your video to drop, really enjoy these!
Good videos, as always 👌 👍. Explaining Larry's tweet and explaining that GameStop Investors are holding to a winning hand and can't let themselves be bullied out of their position. There are signs everywhere, and it will take a while. Time and Pressure.
I keep buying in every chance I get.
It's always a beautiful day to listen to a beautiful story
@Richard Newton I must ask you, did you see that all xrt top ten stocks went up at 1pm at the same time of the dog tweet? Some a little, some a lot, but all up at 1 pm sharp. Any thoughts on this?
thank you for the analysis. aint it different tho since in the 2020 graph it was higher highs on each little ramp?
Our highs have been higher I think. The prices are 10x higher now basically so you can go back and look. We hit 80$ which would have been 8$ on ramp 1 back then. So we're seeing more volatility now (but less fails).
Great video Richard! 🙌🙌
Grayscale american flag - "Fight to the death, no quarter will be given, will not surrender"
Not "no batches, go dark, plausible deniabiliy, black ops"?
Coops collection on RUclips is a really wholesome trading card channel. Just putting it out there for your enjoyment. Really kid friendly.
I see a correlation between the 35 emojis and trading days and the price action end of May (bounce down from 200MA on the 1h) shortly before the price exploding (indicating a run right after the upcoming holiday?). I expected the real deal to be end of August/ early September before the earnings due to the IV cycle, so this comes as a surprise. If we see a bounce from the 4h 200MA today or on Monday, it could confirm there is a nice surprise after the holiday waiting (how fitting). But remember, we would have to see a HL confirming since the move would not fit into any current theory it seems... unfortunately it seems links to images get censored so I cant post the graph here.
It is interesting Chewy is now top holding of XRT, so maybe the reason for him tweeting is not Chewy itself, but that XRT is now less effective (did he manage to achieve that with a well timed run-up?) leading to an unexpected run-up after an initial final dip...
CHWY has 130M Float, 20M short, Funds+ETFs have 53M, BC Partners had 15M...Min shares available.
This market makes no sense. When a share offering of 75m gets scooped up at 28$ yet the price of the stock drops to 24$ something smells fishy
Perhaps it makes sense if you consider the release of 75 million dilution at the market because the SEC pressured your CEO to help the naked shorts cover and avoid market turmoil. Nothing helps out the naked shorter against the wall to escape like shares added to the float.
@@randylochtefeld2806 no any ceo needed to raise money during but that’s bullish because they have billions
If it is one emoji per week the final Cheers 🍻 is on my birthday.
That is all the confirmation I need. 🎉🎁
🎉
Good morning from Switzerland 🎮🚀🟣
In case anybody is wondering why the ticker is is called "XRT", it's because the X is a standard placeholder/stand-in for the English "sh" sound similar to "xmas" for "Christmas" and other such concatenations. Very clever way of naming the ETF literally "SHORT" while not declaring it directly in State Street's purpose statement.which is "total return performance of the S&P Retail Select Industry". They're bragging/telegraphing the fact that this ETF was created FOR THE PURPOSE OF SHORT SIDE MANIPULATION, meaning IT IS NOT BEING ABUSED BY SHORT SELLERS.. IT IS SERVING ITS INTENDED PURPOSE.....
love the vids!
The blue background on the twitter post matches the exact same colour of blue of the hero/top section on the Chewy website.
There are signs but what do they mean?! 😅
Cheeeeeers Richard! 🍻
Watching currently but there was a bunch of $26.5 calls for next Friday all bought at the same time but shown in 3 different orders. 2392 total contracts, if he exercises all of them to initiate T+1 it would be $6.34M which is about the same as his previous cash balance 👀
I just want to know what price is moass, am i holding to 500 per share? 1,000? How will we know?
@@farlouxis the $GME share offerings/ earnings info the reason $AMC plummeted on the same days in may and June?
As always great video , keep up the great work ! ❤❤
So I’m new to this saga but i did not know of Cohen purchases in august. I thought they were in December. If he purchased in august and December based on when he purchased i noticed from middle of December 5 weeks later price spiked maybe starting as early as week 3. But continued to bounce very high from week 3-5. I was thinking maybe kitty purchased his 5millions shares about 5 weeks prior to the initial
Spike in 2024 being that it hit the low/support of 10.?? That was reached in January 2021 which i think was his trend line he showed in his recent live on his chart. If you go back to that low around week 3 we were at 17$ and by week 5 we had that crazy jump
To 60$ or wtv. Now we believe he purchased another 4million shares June 13 roughly which means week 3 is next week. So i expect week 3-5 to be very exciting to the point that after week 5 we might come back down but establish a higher low of support. But now that you mentioned the purchase I’m august by Cohen which i believe would
Of been substantial roughly around that purchase did we have similar action 3-5 week after? If so maybe kitty has enough in his arsenal to purchase many shares after cashing in on spikes obviously to rinse and repeat this process until they fix this algo? It’s an infinity squeeze? I have to back and look at cohens august purchase and the 3-5 week timeline but that’s my hunch but again that just me barely looking into this.
If you click the description you can see the chart - Cohen's first buys were August 2020, second batch was Dec 2020. Unfortunately I don't think Roaring Kitty could have bought before 5/3 - his cost basis is too high.
@@RichardNewton bought and sold for profit was basis of my assumption or…fidelity account?? Again it’s all Tin.
When everybody is looking right you go left.
Did rc/gme load into something like chewy when everybody was staring at gme? Chewy would have been at it’s all time lows.
Is chewy playing defense by taking 500mil cash out of the business? Or is that part of an arrangement? Gme and chewy have very close outstanding share counts.
Very good content, like always. Thanks a lot🙏
Since the market closes early on July 3rd. Do you know what the after hours trading hours are? If it’s normally 3-7 central time and it closes at 1 central what are the hours?
GMERICA 🐶🇺🇸🎤
Should there be any concern that RK doesn’t want to go over 5% ownership? Wouldn’t a third huge play by him put him over that mark?
One set of eyes looks right, then the Dog emoji and Flag Emoji. Then the next set of eyes look left. They are greyed out and turn to color which should be and indication letting us know where we are in the stream of time and that we are waiting for the dog and flag clue. So we are first looking for the Dog clue which we just got from RK, now we wait for the Flag/singing clue from RK and after that the stocks will be on fire and explode!! The Dog clue could be an indication of the "Dog Days" which start July 3rd, but the interesting thing is that the Flag has music symbols and a Microphone in it which I believe could indicate "The American Music Festival" which also starts on July 3rd of this year. What do you think?
I think the flag with the mic is for the national anthem. The national anthem mentions rockets and streaming. He will go live July 4th while market is closed.
I think the mic on the flag means an announcement on the 4th. I eat crayons tho.
I'm sure we're all numb to the downside it doesn't even phase me so easy to buy the dip
All his hints indicate July 5 is the actual wild squeeze start date. Mark it.
Thanks for the great video man
ii work for liquid cash to buy the dip on the stonk. kenny boy has to sell bonds to raise cash.
i like this situation.
We can see Hugh Jackson next week?? 26:52
I picked up shares at $28 dollars in fact that is my average lol
Also, gamestop won’t stop