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(USA Today)   Gamestop CFOut   (usatoday.com) divider line
    More: Followup, Management occupations, GameStop's chief financial officer, Jim Bell, permanent replacement, GameStop's stock, executive vice president, Vice president, Senior Vice President  
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552 clicks; posted to Business » on 24 Feb 2021 at 1:10 PM (11 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



11 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-02-24 11:46:21 AM  
A guy like that probably had a lot of stock and/or options as part of his compensation package. Yeah, he rich.
 
2021-02-24 1:43:22 PM  
Out with the old, in with the new. Twitter DD indicates he was asleep at the wheel all last year and management "resigned" him.

For GME, someone in premarket apparently bought enough to momentarily spike the price to 350 and it's been climbing all day.
 
2021-02-24 4:34:35 PM  

Stibium: Out with the old, in with the new. Twitter DD indicates he was asleep at the wheel all last year and management "resigned" him.

For GME, someone in premarket apparently bought enough to momentarily spike the price to 350 and it's been climbing all day.


For less than a minute, even. All I can think is that someone put in a massive market order and a few shares whoopsed into the crazy limit sells people still have up from the last spike. This is why market orders are usually dumb.
 
2021-02-24 4:37:38 PM  

Nullav: Stibium: Out with the old, in with the new. Twitter DD indicates he was asleep at the wheel all last year and management "resigned" him.

For GME, someone in premarket apparently bought enough to momentarily spike the price to 350 and it's been climbing all day.

For less than a minute, even. All I can think is that someone put in a massive market order and a few shares whoopsed into the crazy limit sells people still have up from the last spike. This is why market orders are usually dumb.


GME halted going in to afterhours. Gloves are off, shiats getting crazy. With banks not being able to wire each other's money margin calls are hot.

Welcome to the beginning of the end.
 
2021-02-24 4:48:49 PM  
Yeesh. It's up to 150$ after hours

GameStop II: DFV's revenge

/What the hell is going on with the stock?
 
2021-02-24 4:58:22 PM  

Stibium: Nullav: Stibium: Out with the old, in with the new. Twitter DD indicates he was asleep at the wheel all last year and management "resigned" him.

For GME, someone in premarket apparently bought enough to momentarily spike the price to 350 and it's been climbing all day.

For less than a minute, even. All I can think is that someone put in a massive market order and a few shares whoopsed into the crazy limit sells people still have up from the last spike. This is why market orders are usually dumb.

GME halted going in to afterhours. Gloves are off, shiats getting crazy. With banks not being able to wire each other's money margin calls are hot.

Welcome to the beginning of the end.


Totally expecting the DTCC to change their margin req for that ticker to infinite moneys and strangle demand again, but I hope I'm proven wrong. Not for the few shares I'm still riding (alright, not entirely), but because stepping in to stop a short squeeze at the clearing house level is a good way to kill faith in an entire market, and that really oughtn't happen twice.

Either way, damn this is an entertaining circus.
 
2021-02-24 5:06:34 PM  

Nullav: Stibium: Nullav: Stibium: Out with the old, in with the new. Twitter DD indicates he was asleep at the wheel all last year and management "resigned" him.

For GME, someone in premarket apparently bought enough to momentarily spike the price to 350 and it's been climbing all day.

For less than a minute, even. All I can think is that someone put in a massive market order and a few shares whoopsed into the crazy limit sells people still have up from the last spike. This is why market orders are usually dumb.

GME halted going in to afterhours. Gloves are off, shiats getting crazy. With banks not being able to wire each other's money margin calls are hot.

Welcome to the beginning of the end.

Totally expecting the DTCC to change their margin req for that ticker to infinite moneys and strangle demand again, but I hope I'm proven wrong. Not for the few shares I'm still riding (alright, not entirely), but because stepping in to stop a short squeeze at the clearing house level is a good way to kill faith in an entire market, and that really oughtn't happen twice.

Either way, damn this is an entertaining circus.


I have two shares in GME, a couple of hundred in AMC, about 50 in BB.. and I was down about 1500.. then look at Robinhood today and am almost back to even.
 
2021-02-24 5:12:22 PM  

NoahFenze: Nullav: Stibium: Nullav: Stibium: Out with the old, in with the new. Twitter DD indicates he was asleep at the wheel all last year and management "resigned" him.

For GME, someone in premarket apparently bought enough to momentarily spike the price to 350 and it's been climbing all day.

For less than a minute, even. All I can think is that someone put in a massive market order and a few shares whoopsed into the crazy limit sells people still have up from the last spike. This is why market orders are usually dumb.

GME halted going in to afterhours. Gloves are off, shiats getting crazy. With banks not being able to wire each other's money margin calls are hot.

Welcome to the beginning of the end.

Totally expecting the DTCC to change their margin req for that ticker to infinite moneys and strangle demand again, but I hope I'm proven wrong. Not for the few shares I'm still riding (alright, not entirely), but because stepping in to stop a short squeeze at the clearing house level is a good way to kill faith in an entire market, and that really oughtn't happen twice.

Either way, damn this is an entertaining circus.

I have two shares in GME, a couple of hundred in AMC, about 50 in BB.. and I was down about 1500.. then look at Robinhood today and am almost back to even.


Grats. Always good to hear people getting out from under their bags. Not swinging crazy money at those positions, but it's a similar tale on my account. This spike is making me feel good about averaging down instead of straight-up cutting my losses and moving onto a new game. Almost broke even on GME, and I'm actually up on AMC.
 
2021-02-24 5:29:44 PM  

Nullav: Grats. Always good to hear people getting out from under their bags. Not swinging crazy money at those positions, but it's a similar tale on my account. This spike is making me feel good about averaging down instead of straight-up cutting my losses and moving onto a new game. Almost broke even on GME, and I'm actually up on AMC.


I started cashing out some of my GME today on the run-up so I can buy stuff I want on sale. I think it's done for today. Overnight market actions are going to get interesting! I hope it goes back on sale!!!

BANG stocks are going to get wild. I want some BB but I'm going to swap out for BNGO when it goes on sale. BNGO goes boing boing boing! GSAT for my G. Nokia probably is a good long term play but they are partnered with GSAT. The dividend alone is extremely enticing, that's some serious deep-farking-value! I need to figure out an A... not quite sold on AMD...

/NOK could be the next AT&T with their 5G play 🤤
//if they hold off on the dividend again I'll be watching for a sale
///buy that dip! 🥑🥑🌶🦍🚀🍆
 
2021-02-24 11:09:56 PM  

Stibium: I started cashing out some of my GME today on the run-up so I can buy stuff I want on sale. I think it's done for today. Overnight market actions are going to get interesting! I hope it goes back on sale!!!


Smart to cash out. This is probably the last gasp of the meme'ing I would think. 

If you look at the options market right now you'll see that even those that have little time to be met are still expensive, short or call. IV is off the charts.

If WSB are squeezing EOM shorts again, that means options could get dirt cheap on Friday.
 
2021-02-24 11:17:49 PM  
Not only were his options high, likely their management was asking him to use current stock prices to support some shenanigans he couldn't go along with.
 
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