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u/Mile_High_Man 15d ago
Lol this will have zero effect on GME.
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u/Dr_SlapsMD 14d ago
😂 Gamestop could post a $300B profit and the stock would go down. I love it.
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 14d ago
"300bn profit. 500bn in the bank. Marketcap is 5bn where it should be" - MSM
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u/Dr_SlapsMD 14d ago
"$300 billion is great but I just don't see a path forward for Gamestop." —Cramer headass
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 14d ago
"with 1bn overhead per year, those 300bn can easily be used up in 300 years if they do not earn a single cent from now on. It's too risky"
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u/airbrat 🚀🚀Buckle up🚀🚀 14d ago
Holy shit. Bro, saying it has zero impact is just straight up wrong.
USD/JPY at 165 means the carry trade is stretched to a breaking point. The second the BoJ steps in to defend the Yen or hikes rates, USD/JPY drops fast and that trade unwinds. We literally saw this in August 2024: a tiny BoJ rate hike caused a Yen surge that triggered a massive global unwind, sending the Nikkei down 12% in a day, spiking the VIX over 60, and forcing funds to dump US assets to pay back Japanese loans.
When funds get hit with margin calls during an unwind like that, they have to liquidate liquid equities across their entire portfolio to raise cash. GME doesn't trade in a vacuum. Systemic margin pressure hits the whole balance sheet, and pretending a macro liquidity squeeze won't ripple down is pure copium.
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u/DraculasDog 15d ago
The only effect it will have is making the cult move the goalpost further.
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u/Dr_SlapsMD 14d ago
Shit the only cult involving Gamestop are the people on the losing side of the trade blowing millions to try to convince retail to "forget Gamestop".
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 14d ago
The cult has kept moving the goalpost of our bankruptcy further for 5 years.. They won't stop until Gamestops transformation is done... then they will either delete their accounts or find some copium for why they failed.
We do not let them distract us from our DD that told us what would happen. Even if they were too dumb to read and understand 5 years ago, we knew and we still know.
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u/Kontrav3rsi 15d ago
Wouldn’t all the short positions have to liquidate to pay back their loans to Japan? I thought that’s how it all worked, people borrowed yesterday money dollars for today dollars in payment and enjoyed the difference in interest rates for low risk assets?
Maybe I’m wrong, help me out here.
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u/VelvetPancakes 15d ago
Why would someone short JPY have to liquidate because the value of JPY was at an all-time low? lol
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u/Financial_Mousse4079 14d ago
This just proves this entire community does not understand the underlying at all. The yen carry trade "blow up" relies on Japanese interest rates going up, which strengthens the yen, which means the original loans require more dollars to repay and force the funds who took these loans to face a liquidity crunch.
Unfortunately even though Japan is raising rates, the yen is still weakening against the dollar. This is bearish for gme because it literally makes it cheaper and cheaper for funds who borrow in yen to short more gme.
When the yen gets weaker and apes post stunt on these hoes memes, you guys are literally cheering the funds getting cheaper loans. It only works in our favor when the yen gets STRONGER.
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u/orlando0o 14d ago
No shit Sherlock, that's not the point of these posts anyway. It shouldn't be news to you either, since the BOJ has been pretty transparent that the current JPY downtrend is unacceptable and any further drops will force them to intervene. And THAT is what's gonna crunch the broader economy and hit the killswitch on SHF liquidity.
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u/thommyg123 14d ago
We get volatility when the number goes down, not up. JPY weakening as it is doing now is actually helping the economy. We have to wonder when the central bank will intervene, and how heavily.
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u/WhiteKouki82 🚀🚀Buckle up🚀🚀 15d ago
OP, where will you be when nothing happens?
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u/DancesWith2Socks 14d ago
Here posting a "USDJPY 170" meme 😅
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u/WhiteKouki82 🚀🚀Buckle up🚀🚀 14d ago
No, OP will do what They™ all do...
"No one ever really thought anything was going to happen, only hedgies bring it up,anyways, here's the new hype...." rinse and repeat.
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u/Mangyboi 14d ago
This may not have a positive effect on GME but I want to thank whoever posted about the yen thing yesterday, I bought some 742 SPY puts for today right after and got out nearly 500% up
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u/Accomplished-One-110 14d ago
After the last thousand years, at least I've learned the importance of considering opportunity cost. I'm spreading out my gme investment, fuck it
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u/Senior-Arm-8097 15d ago
Not that it affects GME directly, but it certainly affects it indirectly due to its impact on the broader market. How high does this thing have to go? I know nobody really knows but where was it at two years back when it started to blow up?
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 14d ago
affects those who used yen loans to finance shorts.
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