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 Gamers lead the way to fuck up wallstreet, Gamers did what communists failed.

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TSxenogearz88
post Jan 28 2021, 10:39 AM

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QUOTE(Daylight2018 @ Jan 28 2021, 10:29 AM)
How they did it?
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Most simple explanation in greentext format.



Also, short squeeze stock explanation.


Rusty Nail
post Jan 28 2021, 10:39 AM

Why am I still here?
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lol, 5k? seriously?
koja6049
post Jan 28 2021, 10:44 AM

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The hedgefunds are going to get bailed out with taxpayers money soon. In the end, helang still wins biggrin.gif
Ivan113
post Jan 28 2021, 10:45 AM

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more like gamers did what every corrupt country should've did
blackie19
post Jan 28 2021, 10:50 AM

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QUOTE(deodorant @ Jan 28 2021, 10:38 AM)
It’s a nice David and Goliath story but at the end of the day whoever went in at above $20 or whatever and doesn’t manage to exit in time will get burnt big time holding a huge flaming dead cat 😂
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Luckily there are automated exit strategies available on trading platforms.

Disclosure: My average price is $41.7.
kembayang
post Jan 28 2021, 10:54 AM

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Under 300 now. BBB UUU. HODL.
whyamiblack
post Jan 28 2021, 11:00 AM

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Since when all in /WSB gamers?

This is what they get when they arrogantly short over 120% of the stock and doubled down on it twice.

Yeah, well come beg for the share or keep paying that interest
kweil
post Jan 28 2021, 11:01 AM

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bilakah /r/wsb mau main gloves?? hahah owai
steady bro
post Jan 28 2021, 11:03 AM

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teach those arrogant shorters a lesson

they win billions from shorting for the past few decades no problem perfectly legal

now lose money cry father cry mother LOL, then tell the stock market to halt trading hahahhaha
only they can win money, cannot lose punya
Eurobeater
post Jan 28 2021, 11:16 AM

Kancil Dorifto!
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Pls do for glove here also kek
J1g54w
post Jan 28 2021, 11:18 AM

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QUOTE(Baconateer @ Jan 28 2021, 10:19 AM)
how did the redditors jacked the stock price up so high and why cant the investors just sell all the stocks? I assume the investors bought the stocks at very low price...since the stock price is so high now..arent they suppose to profit from it?  :confused:
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they are not selling any shares, just holding to hurt the hedge fund

hedge fund had a short position that is expiring this Friday (meaning they have to buy back the shares they shorted at market price) and since most of the shares are in gamers hands who refuse to sell, the price will not drop and keep squeezing shorts to the upside, which will result massive losses to the hedge fund who is already filing for bankruptcy
jamilselamat
post Jan 28 2021, 11:22 AM

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many of these hedge funds are linked to Soros.


Mikeshashimi
post Jan 28 2021, 11:22 AM

10 Years on LYN
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lol nothing to do with gamers
damonlbs
post Jan 28 2021, 11:23 AM

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sell bitcoin buy gme
epsilon_chinwk86
post Jan 28 2021, 11:27 AM

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QUOTE(damonlbs @ Jan 28 2021, 11:23 AM)
sell bitcoin buy gme
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Probably been going on for a week now since coin market is red this past week
swks26
post Jan 28 2021, 11:31 AM

CEO RM20k/day
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Nice I managed to buy 1 lot.
sadukarzz
post Jan 28 2021, 11:35 AM

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QUOTE(kweil @ Jan 28 2021, 11:01 AM)
bilakah /r/wsb mau main gloves?? hahah owai
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QUOTE(Eurobeater @ Jan 28 2021, 11:16 AM)
Pls do for glove here also kek
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dont think this can work here in msia.. retailers will be up against investment banks and institutional funds like EPF..

EPF lose billions = rakyat themselves lose billions, u slap them 100% u get 50% back..

plus, asians are more selfish and kiasi, everyone will be u tank i support in the end no one tanks..


QUOTE(J1g54w @ Jan 28 2021, 11:18 AM)
they are not selling any shares, just holding to hurt the hedge fund

hedge fund had a short position that is expiring this Friday (meaning they have to buy back the shares they shorted at market price) and since most of the shares are in gamers hands who refuse to sell, the price will not drop and keep squeezing shorts to the upside, which will result massive losses to the hedge fund who is already filing for bankruptcy
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yup true, some people just think that wah spike = buy, dangerous mindset
ReoAyanami
post Jan 28 2021, 11:40 AM

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QUOTE(steady bro @ Jan 28 2021, 11:03 AM)
teach those arrogant shorters a lesson

they win billions from shorting for the past few decades no problem perfectly legal

now lose money cry father cry mother LOL, then tell the stock market to halt trading hahahhaha
only they can win money, cannot lose punya
*
They are not gambling with their own money. Do you think they will learn any lesson? laugh.gif
epsilon_chinwk86
post Jan 28 2021, 11:44 AM

On my way
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QUOTE(sadukarzz @ Jan 28 2021, 11:35 AM)
dont think this can work here in msia.. retailers will be up against investment banks and institutional funds like EPF..

EPF lose billions = rakyat themselves lose billions, u slap them 100% u get 50% back..

plus, asians are more selfish and kiasi, everyone will be u tank i support in the end no one tanks..
yup true, some people just think that wah spike = buy, dangerous mindset
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So true!
mrhulk
post Jan 28 2021, 11:46 AM

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it is a genius move by trolls actually....trolls prediction come true with AMC stock....lol



This post has been edited by mrhulk: Jan 28 2021, 11:47 AM
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