June 21st
$GameStop (GME.US)$ I can’t wait until these Little Kenny G Loving Hedgie Shortie CUCKS find out that they got completely PLAYED by Kitty and Ryan Cohen today.
Mark your calendar, grab some popcorn, get your favorite drink, sit back, RELAX, and enjoy the show 🍻
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The Only Way is Up : So this date the stock price will drop drastically ?
Justin Brewer OP The Only Way is Up : Nope
Calvin777 Justin Brewer OP : So what u mean is the holders will get the last laugh what chu mean bro the stock willrise or fall tell me
Pumpui : In actual fact, RK can exercise any time as it has hit the strike price of 20 and get the 12mil shares from whoever sell him that 120K 20C expiry 21 jun, which supposed to cause a short squeeze.
But now with 75mil offering, of the seller of that option took up 12mil of the 75mil, there wont be any squeeze at all.
We are all screwed by the company which unexpectedly early released of the earning report and drop the 75mil offering
Justin Brewer OP Calvin777 : Rise. Roaring Kitty paid over $60 million for 120,000 options that expire on June 21st. No individual investor spends that much money on options for one day unless he knows something we don’t. GME is going up between now and then. A squeeze will likely happen between now and June 21st.
Calvin777 Justin Brewer OP : Kitty goals is different than ours though so what is he gonna do with the option in order flr hs to rise to the moon ?
Justin Brewer OP Calvin777 : I believe that GME just raised $3 billion to buy all or a significant part (the debt/leases) of AMC.
Since GME has 900+ locations in or near the same malls/areas as AMC theaters, GME could end those 900+ leases—saving $100,000,000+ per year—by relocating them in AMC lobbies. GME would have video game premieres where gamers get to play the major new releases on giant AMC screens.
By consolidating locations, leases, utilities, and staff (fewer employees will be needed for each business—especially during off peak hours) under one roof, the total savings would be enormous. Additionally, this would create greater foot traffic for both AMC and GME.
I don’t have any insider information on this. As Kitty would say, I’d call it a feeling.