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Recap:

https://www.abc.net.au/news/2021-01-30/hedg...street/13104846 - 2021-01-30/hedge-funds-the-gamestop-bubble-and-wall-street
The online warriors were particularly outraged by a Twitter post, from Citron on January 20 (when GameStop shares were trading around $US39).

The US hedge fund tweeted: "GameStop buyers at these levels are the suckers at this poker game".

It also said: "We understand short interest better than you" and that the shares would plunge "back to $[US]20 fast".

   
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Bot.

Watch this

he quite short selling analyst report liao.

he wants to do only long analyst report....crazy...market so high, and want to do long only report.
he should STFU and go play with his grandkids


Outspoken activist short seller Andrew Left on Friday said that after 20 years, his firm Citron Research will exit the business of writing reports focusing on companies whose value may fall.

Via Twitter and YouTube video, Left explained his decision with a headline saying: “Citron Research discontinues short selling research. After 20 years of publishing Citron will no longer publish ‘short reports’.”

Citron said it would focus instead “on giving long side multibagger opportunities for individual investors.”

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Surprisingly, all the major shareholders of the dying company Gamestop/GME are Hedge-funds and Mutual funds who are profiting from this saga and the prime market mover/influencer on social media like r/Wallstreetbets is a HF/MF insider, ie Keith Patrick Gill aka #DeepFuckingValue. .......

https://www.reuters.com/article/us-retail-t...y-idUSKBN29Y0AF - January 29, 2021, 6:01 PM, Updated 2 days ago - Famed GameStop bull 'Roaring Kitty' is a Massachusetts financial advisor
WASHINGTON (Reuters) - A YouTube streamer who helped drive a surge in the shares of GameStop Corp is a 34-year-old financial advisor from Massachusetts and until recently worked for insurance giant MassMutual, public records and social media posts show.

Keith Patrick Gill is the person behind the Roaring Kitty YouTube streams which, along with a string of posts by Reddit user DeepF***ingValue, helped attract a flood of retail cash into GameStop, burning hedge funds who had bet against the company and roiling the broader market. ...

For all we know, this could be a new scam masterminded by the HF/MF to dupe online Retail investors into buying GME shares at >US$200 per share = the HF/MF who had bought millions of GME shares at <US$20 a few months ago are laughing all their way to the banks.

Note that masterminds of MLM and Ponzi money scams  also have to come out with new modus operandi in their scams, every scam cycle of a few years.

Caveat Emptor.
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Price will thrust upward maybe more than $1k, hedge funds have to cut loss (maybe go bankrupt), some retailers will burn when it drops.
But it that moment havent come, arrogant hedge funds still not closing 100% of their shorts yet

Event will go down as small little guys cornered and bankrupt the hedge funds

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Who thrusted the share price to >US$300 and may thrust it further to US$1k.? The HF/MF masterminds or the posse of online Retail investors seeking revenge against Hedge-funds/MF.?

Note that such prices can be manipulated by secret cartels/groups/"gangsters", eg near zero bank interest rates are set by the Federal Reserve Bank of USA, which is controlled by the US Federal government = the BIGGEST cartel/"gangsters" in the world, eg Obamacare enriched Obama and Michelle = the health insurance lobby, the Iraq Invasion was supposed to enrich Bush Jr and Dick Cheney = the oil lobby, etc.

Remember, the herd/posse of online Retail investors who  bought GME shares at >US$300 or may buy at US$1k will suffer BIG losses when the "short-squeeze" game eventually ends(after a few weeks.?) with the price dropping back to earth to about US$10, since Gamestop is essentially a dying or non-performing company.
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How much u know about how all these things work ??

My day job is a trader. I make my living off trading.
Yours ?

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Who thrusted the share price to >US$300 and may thrust it further to US$1k.? The HF/MF masterminds or the posse of online Retail investors seeking revenge against Hedge-funds/MF.?

Note that such prices can be manipulated by secret cartels/groups/"gangsters", eg near zero bank interest rates are set by the Federal Reserve Bank of USA, which is controlled by the US Federal government = the BIGGEST cartel/"gangsters" in the world, eg Obamacare enriched Obama and Michelle = the health insurance lobby, the Iraq Invasion was supposed to enrich Bush Jr and Dick Cheney = the oil lobby, etc.

Remember, the herd/posse of online Retail investors who  bought GME shares at >US$300 or may buy at US$1k will suffer BIG losses when the "short-squeeze" game eventually ends(after a few weeks.?) with the price dropping back to earth to about US$10, since Gamestop is essentially a dying or non-performing company.
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How much u know about how all these things work ??

My day job is a trader. I make my living off trading.
Yours ?

Amway, Shaklee, Cosway, Usana and other Direct-Selling(DS) companies are exploitative marketing schemes/scams selling hyped-up products at twice or more the normal retail price. The extra profits is used to be distributed to upline and downline members as an incentive for them to recruit more members and sell more over-priced products, usually to their relatives and acquaintances = victims.
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Eg Vitamin supplement selling for RM50 a bottle/30 pills at Guardian/Watson, the DS companies sell the same for RM100 a bottle/30 pills by hyping or falsely claiming extra health ingredients/benefits and blah blah blah or brain-washing stuffs. The extra RM50 profits(= RM100 - RM50) is used to pay commissions to downline and upline recruiters/direct-sellers, up to 3 or 4 levels of recruitment and for the coffers of the DS companies.

1 top person or upline direct-seller recruits 3 Level One downline direct-sellers,
the 3 Level One downline direct-sellers in turn recruit 9 Level Two downline direct-sellers, ie 1 person recruits 3 other persons,
the 9 Level Two downline direct-sellers recruit 27 Level Three downline direct-sellers,
the 27 Level Three downline direct-sellers recruit 81 Level Four downline direct-sellers.
....... 1 to 3, 3 to 9, 9 to 27, 27 to 81 = a pyramid.

Direct-selling is a limited pyramid scheme = limited to a few levels of recruitment. Ponzi schemes and MLM scams are unlimited pyramid schemes that will eventually run out of new recruits after a few years = the masterminds disappear with the loot of RM millions. Even if prosecuted, they just spend a couple of years in jail and come out still a millionaire in their foreign bank accounts.

- 1 Level Four downline d-s sells a bottle of the RM100 Vitamin supplement and gets about 15% commission or RM15.
- 1 of the 27 Level Three d-s who recruited the above Level Four d-s gets about 10% commission or RM10 from the above sale.
- 1 of the 9 Level Two d-s who recruited the above direct-sellers gets about 7% commission or RM7 from the above sale.
- 1 of the 3 Level One d-s gets about 5% commission or RM5 from the above sale.
- The 1 top upline d-s gets about 3% commission or RM3 from the above sale.
....... Total payout in commissions by the DS company to the top upline and Level One to Four direct-sellers is RM40(= RM15 + 10 + 7 + 5 + 3) = company pockets RM10 out of the extra RM50 profit from the above sale of the RM100 Vitamin supplement.

If all 81 of the Level Four downline direct-sellers each sold 1 bottle of the RM100 Vitamin supplement, the top upline direct-seller gets RM243 commissions/income(= 81 X RM3 from every sale) from his/her simple recruitment effort.
....... If all the 81 Level Four d-s each sold RM1k of stuffs per month, the top upline d-s gets RM2,430 commissions/income per month(= 81 X RM30 or 3% of RM1k).
....... If the 27 Level Three, 9 Level Two and 3 Level One d-s also sells RM1k of stuffs per month, the top upline d-s also gets about RM2,000 more per month. Total monthly income of the top upline d-s is often at least RM4430. That is how top upline direct-sellers can earn RM 5-figures passive income per month in good months and show off their Mercedes and bungalows to tempt new members.
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The Day You Realize You Have A Voice+ Capital, What Will You Do?

Retailer buy back stocks, quietly sell back to hedge fund,.clear the loan and pass small fry buyer fir closure. At the end, small fry buyer hold.super overvalue stock for nothing...

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Gullible/foolish people believing in the Gamestop short-squeeze of HF short-sellers story in social media and the mass media(which can be manipulated for brainwashing) could be similar to such people believing in the FUD stories set up by a group/"gangsters" of Macau scammers.
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Gullible/foolish people believing in the Gamestop short-squeeze of HF short-sellers story in social media and the mass media(which can be manipulated for brainwashing) could be similar to such people believing in the FUD stories set up by a group/"gangsters" of Macau scammers.
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before you call it a scam, do google "short interest position" and try to understand first........

calling a scam a scam and you get it right gives you a rush of adrenaline, and you feel good.....
calling a scam when its not a scam, arguably it could be instantaneous stupidity. Out of character and senseless. One of those things.
calling a scam, and doubling down, makes one wonder if its DNA stupidity then its tough.

alluding GME to a scam, because there are other scam is like saying the sun rises everyday, and i get cheated by the Helang everyday.  So the Sun cause the Helang to cheat me. 

Correlation is NOT causation.  Think....its allowed.....

Malaysians in general have been trained not to think by the education system. Easier for Helang to control and manipulate. Try thinking, and set aside your ego. Facts and logic.  Its quite refreshing.