Never short naked, how can they be so stupid.

ini tered financial beyond my understanding

cuz this strategy works perfectly many times over couple of years.
now got attacked by bunch of plebs

They got greedy and got found out.

100% of available stocks (SOLD GME stocks at 140% of available stocks)

they cannot stop selling? cause all stock belongs to them at that moment

They never read the history of Jacob Little, even Nicholas Darvas mentioned he made a lot during short squeeze in the 60's.
They are arrogant, why don't buy insurance when your losses can be unlimited.
Again and again, making money in the market is about controlling risk, not how much you make.
I can only say they are very stupid for shorting naked puts without holding any securities.

Very simple

Buy normal way, stocks at $10.
if company bankrupt, you lose $10


Short selling stock at $10
if company stock go up non stop, your loss is potentially infinity if you never cut that loss.
means if that stock gone up to $1,000, you lose $990 although that stocks just cost $10 to buy using normal way.

They don't own any of it.

They borrowed and sold it at higher price to buy at cheaper price to return it back and profit the difference. Backfired.

This post has been edited by whyamiblack: Jan 28 2021, 09:17 PM

as i told you before,
it works countless of times except for this one when they got greedy, got cornered
then decided to doubled down

Twice LOL

how do you short sell? is this thing only in US? I only entered MY as noob and only aware of normal way...

they sell those stocks to press down to press down prices.
pushed down $40 down to $5 but still greedy wanna push it down lower

malaysia also have but details i not so clear
you borrow stocks at lets say 5% a year lo. multiply how many days you borrow then payback.

now you sell the stocks lets say TG at RM 7, 5months later you buy back at RM 5.
so you made RM 2 per stocks minus off 5months on 5% per annum interest

but the funds borrowed those stocks to crash the stock prices to the ground.
because the amount they have is enormous enough to press down for months

So those that buy at normal full price wont die right? (Eg buy price of 1 share @ USD 100 and sell at say 200 usd) I am super noob in shares here

buy normal 100 usd sell 200 usd huat ah 100usd profit per share

ya, max you lose is USD 100

but these cheebai dont want to take profit.
doubled down more and more (by shorting more)

so ended up buy high, sell low
dont want to take profit of $35, now loss $350 per share that type

This post has been edited by AllnGap: Jan 28 2021, 09:34 PM

those retail investors that buy the share wont die cos they OWN the share, they can sell it and get the money


now the problem with these hedge funds is they BORROW the share from the broker(seller) and SOLD it a while ago, so now they DONT HAVE any shares in hand

but they have to RETURN the shares they BORROWED to the broker(seller) by tomorrow or else they will need to pay interest penalty per day delayed

Better for money to go back to the taxpayers than going to the helang.
If this goes on, the politicians will actually have to think back who are they supposed to mooch off from.

the thing is they already mooched off from these hedge funds, so they are expected to return the favor.

the next 2008 is just round the corner, and this WSB is just a tiny spark that will ignite the whole thing in the near future. Question is, what would Biden do? If he's just going to get pointers from Obama, then you already knew what's coming