Na 1 minuut al 5m aandelen verhandeld.
Anyway, 20% verkocht.

jens_dev schreef: ↑9 oktober 2020, 15:33 Na 1 minuut al 5m aandelen verhandeld.
Anyway, 20% verkocht.

Aan dit tempo kunnen we 100M halen.. Outstanding shares maar 65M, float amper 48M.

Worden we gerobinhood?

Hoe zien jullie het volgende week evolueren?

Ik denk dat jij je aandelen gaat verkopen omdat je zal inzien dat volatiliteit niks voor u is.

stockzombie schreef: ↑9 oktober 2020, 13:59

LaCucaracha schreef: ↑9 oktober 2020, 13:42 Als er op dit koersniveau en na dit nieuws ( waarbij de onderliggende boodschap dat GME nog niet uitgezongen is belangrijker is dan het nieuws van het "partnership") de shorters nog niet beginnen coveren, dan zullen ze het nooit doen en zal er dus geen short squeeze komen...
En dan kunnen we ons weer afvragen: waarom coveren ze niet?

Essentieel blijft natuurlijk hoeveel marge de shorters hebben
( op welke koers hebben ze geshort) en hoe lang ze het nog kunnen en/of willen uitzingen...
Op deze essentiele formatie hebben we geen zicht...
Als alle longs gewoon blijven uitlenen, dan verandert er atuurlijk ook niets...

Vanavond na sluiting hebben we nieuwe cijfers over de SI, maar die zijn op het moment van publicatie reeds verouderd. Sinds gisterenavond waren er op iborrow geen aandelen beschikbaar om te shorten. Ik vermoed dat er gisteren wel wat gecovered is (75M aandelen verhandeld). Ook de koersbewegingen van de bonds zijn een indicatie.

“9/30 settlement SI 68.63M, up from 9/15 66.41M“

Remember outstanding shares = 65M, float 48M.... Ongelooflijk eigenlijk (en illegaal, maar SEC kijkt andere kant op tot hiertoe).

Al 2 dagen niks meer beschikbaar voor de shorts, ook niet aan 35%:

https://iborrowdesk.com/report/GME

P.S.: De -10% heeft SSR getriggerd voor komende maandag (alternative uptick rule).

Jefferies Downgrades to Hold : PT $13.00

Credit Suisse - 9 okt 2020 - underperform, $3,50 target

"The announcement yesterday was a no game-changer. While the move signals GameStop’s importance in selling consoles, particularly as Microsoft has closed its own stores, this is all about driving customers into Microsoft’s ecosystem, not necessarily into GameStop’s. The profit share helps but may not be incremental versus lost sales/profit from the shift to digital. And, more digital also still means less preowned games, the largest profit and loyalty driver for GameStop. While we are open to the idea that the company can pivot and transform in some way, we have yet to see a credible plan beyond cost cutting and the hope related to a console refresh this year where ironically the company isn’t as well positioned as in the past."

Benchmark - 9 okt 2020 - sell, $6 target

"The announcement yesterday was not material. We believe the substance in the press release was hollow; the stock was halted, $0 deal math was offered and there was no investor conference call. We suspect Microsoft is taking advantage of GameStop’s desperation, forcing them to share in subscription sales as their core market evaporates. We do not believe sharing in revenue from a game-subscription model will offset the loss of physical new- and used-game sales. With 67 million shares sold short but just 65 million outstanding, the stock is ripe for manipulative tactics."

Benchmark heeft wel hun pt verdubbeld, zegt veel over die analisten natuurlijk straks 12 en sell?

Goed artikel over de dynamiek van short posities, specifiek met GME als voorbeeld:
https://www.shortsight.com/short-interest-of-float-2-0/

Interessante passage:

...
When looking at a stock such as Gamestop Corp (GME) the SI % of Float is 133.75% while the S3 SI % of Float is 57.22%. A number over 100% is illogical and can only be explained by improper activity on the short side such as “naked shorting” since there are not enough long shares to supply the stock borrows needed to support the reported short selling activity. But when using the S3 SI % of Float of 57.22% we can make logical conclusions based on a more realistic number.

First, we are nearing the top end of SI % of Float as it is very rare to have more than 60% of Float + Synthetic Longs in a stock’s lending pool. Second, at a 57.22% S3 SI % Float coupled with a logically correlated 33% stock borrow fee we can make the assumption that there is not much stock borrow supply left in the stock and if the S3 SI % of Float increases, rates will increase at an exponential rate on the relatively small amount of new stock borrows that are still available to take down. And third, the chances of a short squeeze in the name is very high. If long lenders or long margined\rehypothecated shareholders sell their stock, there is very little stock borrow to replace the shares being removed from the lending pool...

reteiP schreef: ↑13 oktober 2020, 10:40 Goed artikel over de dynamiek van short posities, specifiek met GME als voorbeeld:
https://www.shortsight.com/short-interest-of-float-2-0/

Interessante passage:

...
When looking at a stock such as Gamestop Corp (GME) the SI % of Float is 133.75% while the S3 SI % of Float is 57.22%. A number over 100% is illogical and can only be explained by improper activity on the short side such as “naked shorting” since there are not enough long shares to supply the stock borrows needed to support the reported short selling activity. But when using the S3 SI % of Float of 57.22% we can make logical conclusions based on a more realistic number.

First, we are nearing the top end of SI % of Float as it is very rare to have more than 60% of Float + Synthetic Longs in a stock’s lending pool. Second, at a 57.22% S3 SI % Float coupled with a logically correlated 33% stock borrow fee we can make the assumption that there is not much stock borrow supply left in the stock and if the S3 SI % of Float increases, rates will increase at an exponential rate on the relatively small amount of new stock borrows that are still available to take down. And third, the chances of a short squeeze in the name is very high. If long lenders or long margined\rehypothecated shareholders sell their stock, there is very little stock borrow to replace the shares being removed from the lending pool...

Ik had dit ook gelezen, maar vind dit vooral spinning via focus pocus als "synthetic longs" om te verklaren waarom hun betalende dienst soms zo hard afwijkt van de effectieve SI die 2-wekelijk worden vrijgegeven.

"Senvest Management founder, Richard Mashaal, graduated from Wharton and after a stint of investment banking he earned joint MBA/International Relations graduate degrees from The University of Chicago. Richard spearheaded the effort to sell the operating units and morphed the vehicle into a merchant bank and investor with three verticals: real estate, private equity and public equity....Fast forward 20-years and now Senvest Management runs $1.3 billion. What has never changed is the huge degree of alignment of interests: almost 60% of the assets belong to the partners, staff, managers and their family vehicles, with the largest being Senvest Capital. Mashaal is ready for a dual runway of growth from performance and inflows. He aspires to join the ranks of legendary investors such as Warren Buffett, George Soros, Julian Robertson and Stanley Druckenmiller."

13d Richard Mashaal heeft ong 5.5% opgekocht (october 7th)

http://news.gamestop.com/node/18246/html

Nageltje erbij.