QUOTE(ReoAyanami @ Jan 28 2021, 12:38 PM)
looks like the helangs/elites will always win Gamers lead the way to fuck up wallstreet, Gamers did what communists failed.
Gamers lead the way to fuck up wallstreet, Gamers did what communists failed.
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Jan 28 2021, 12:43 PM
Show posts by this member only | IPv6 | Post
#61
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Junior Member
75 posts Joined: Apr 2020 |
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Jan 28 2021, 12:44 PM
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70 posts Joined: Feb 2014 |
QUOTE(sembilan @ Jan 28 2021, 12:34 PM) but what did the investment banks do actually? Short the position in the hope that Gamestop's price will go to zero? Short = Pinjam share from broker, sell now at current price, buy back later. Cheaper price = gain, price up = loss.Basically, they manipulated and short the stock from 20+ down to 3. They got overconfident and doubled down. If the stock goes to zero, all their gains basically have zero cost. All at the expense of gamestop and their investors. They got found out and the rest is blablablablabla go find and read or youtube if malas. This post has been edited by whyamiblack: Jan 28 2021, 12:46 PM |
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Jan 28 2021, 12:45 PM
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Junior Member
506 posts Joined: Mar 2012 |
QUOTE(Liamness @ Jan 28 2021, 12:40 PM) Did you know that you can also profit from stocks dropping in price. Stock market is just calculated gambling. You are betting on it going up in price. And there are the degenerate in r/WSB. Weaponized autism.Shorting a stock is when you bet on it going down. When it goes down, you make a profit. But when the stock goes up in price, as is the case here, then if you tried to short, you will lose money. |
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Jan 28 2021, 12:45 PM
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#64
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All Stars
17,018 posts Joined: Jan 2005 |
QUOTE(AllnGap @ Jan 28 2021, 12:36 PM) fucked up thing how could regulators allow shorting of 140% of available shares wan Elon musk pissed off too is because his Tesla share also been shorted. even elon musk got pissed off and burn those MOFOs Remember he make fun to the short-lister with the selling red satin short shorts. |
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Jan 28 2021, 12:47 PM
Show posts by this member only | IPv6 | Post
#65
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Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(steady bro @ Jan 28 2021, 12:13 PM) if those investors who pour money into those funds still wan to do such big gambles in future after this GME incident , then i have nothing to say I read somewhere is that fund doubled down after the stocks pump higherbut after this we will see much lesser shorting or those funds short beyond their capacity, in future if any fund dare to short >100% of the shares available, then its time for another wallstreetbets Initially hedgefund dint short that much That AMC won't pump so high because only 22% stocks were shorted nia, but if that fund doubled down buy shorting more and more then maybe another GME scenario will occur This post has been edited by AllnGap: Jan 28 2021, 12:48 PM |
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Jan 28 2021, 12:48 PM
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Junior Member
70 posts Joined: Feb 2014 |
QUOTE(AllnGap @ Jan 28 2021, 12:47 PM) I read somewhere is that fund doubled down after the stocks pump higher Yes, 240+% last night.Initially hedgefund dint short that much That AMC won't pump so high because only 22% stocks were shorted nia, but if that fund doubled down buy shorting more and more then maybe another GME scenario will occur |
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Jan 28 2021, 12:50 PM
Show posts by this member only | IPv6 | Post
#67
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Junior Member
75 posts Joined: Apr 2020 |
QUOTE(AllnGap @ Jan 28 2021, 12:47 PM) I read somewhere is that fund doubled down after the stocks pump higher yup, and tomorrow the short for melvin capital will expire, they will need to buy back those shares at super inflated price Initially hedgefund dint short that much That AMC won't pump so high because only 22% stocks were shorted nia, but if that fund doubled down buy shorting more and more then maybe another GME scenario will occur |
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Jan 28 2021, 12:50 PM
Show posts by this member only | IPv6 | Post
#68
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Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(ozak @ Jan 28 2021, 12:45 PM) Elon musk pissed off too is because his Tesla share also been shorted. All these manipulation scandals I've studied themRemember he make fun to the short-lister with the selling red satin short shorts. Government always step in to 'protek' the system aka their own gangs. Like silver cornering last time also the same they cornered silver market also by squeezing short position. Cb jews |
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Jan 28 2021, 12:52 PM
Show posts by this member only | IPv6 | Post
#69
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Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(steady bro @ Jan 28 2021, 12:50 PM) yup, and tomorrow the short for melvin capital will expire, they will need to buy back those shares at super inflated price I tot Melvin already bungkus ??Right now seems that the stocks dealers butts will get burnt because their customers passed shit onto them. Domino from hedgie to stock dealers d |
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Jan 28 2021, 12:53 PM
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Senior Member
1,186 posts Joined: Jun 2005 |
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Jan 28 2021, 12:55 PM
Show posts by this member only | IPv6 | Post
#71
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Junior Member
75 posts Joined: Apr 2020 |
QUOTE(AllnGap @ Jan 28 2021, 12:52 PM) I tot Melvin already bungkus ?? mainstream media say they sudah bungkus, but reddit say they doubled down and secretly trying for a comeback? Right now seems that the stocks dealers butts will get burnt because their customers passed shit onto them. Domino from hedgie to stock dealers d |
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Jan 28 2021, 12:57 PM
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Junior Member
70 posts Joined: Feb 2014 |
QUOTE(AllnGap @ Jan 28 2021, 12:52 PM) I tot Melvin already bungkus ?? Haven't. They probably closed some positions but not all. Impossible to close all positions with only 100% loss at their claimed opening position. Also, the amount of shorts doubled.Right now seems that the stocks dealers butts will get burnt because their customers passed shit onto them. Domino from hedgie to stock dealers d This post has been edited by whyamiblack: Jan 28 2021, 12:57 PM |
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Jan 28 2021, 12:57 PM
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Junior Member
234 posts Joined: Mar 2012 |
QUOTE(steady bro @ Jan 28 2021, 12:50 PM) yup, and tomorrow the short for melvin capital will expire, they will need to buy back those shares at super inflated price AFAIK there’s no expiry date for short positions, they can hold on to those positions as long as they want provided they can pay the fees (rental, interest, whatever you wanna call them) and it’s these fees that are bleeding them dry. What’s gonna happen Friday is that a lot of ITM options would get called and these would push up the price even more, theoretically. Short squeeze has not even happened yet. whyamiblack and steady bro liked this post
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Jan 28 2021, 12:58 PM
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455 posts Joined: Dec 2010 |
Here for history! I will just buy. Hold until at least $1,000. It isn't about profit, but to see Hedge Fund cry herrkolisch and whyamiblack liked this post
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Jan 28 2021, 12:59 PM
Show posts by this member only | IPv6 | Post
#75
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Junior Member
75 posts Joined: Apr 2020 |
QUOTE(blackie19 @ Jan 28 2021, 12:57 PM) AFAIK there’s no expiry date for short positions, they can hold on to those positions as long as they want provided they can pay the fees (rental, interest, whatever you wanna call them) and it’s these fees that are bleeding them dry. i see, thanks for the info! What’s gonna happen Friday is that a lot of ITM options would get called and these would push up the price even more, theoretically. Short squeeze has not even happened yet. |
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Jan 28 2021, 01:05 PM
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Senior Member
644 posts Joined: Apr 2007 |
QUOTE(whyamiblack @ Jan 28 2021, 12:44 PM) Short = Pinjam share from broker, sell now at current price, buy back later. Cheaper price = gain, price up = loss. but how do they manipulate? If they are just placing "bet" hoping the price will come down, the most it gives is the impression that people are dumping the shares. but thanks for your reply. Basically, they manipulated and short the stock from 20+ down to 3. They got overconfident and doubled down. If the stock goes to zero, all their gains basically have zero cost. All at the expense of gamestop and their investors. They got found out and the rest is blablablablabla go find and read or youtube if malas. It will be interesting to see how this pans out when it all ends |
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Jan 28 2021, 01:08 PM
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Junior Member
177 posts Joined: Jun 2012 |
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? These bodo firms go short 150% times of the shares. This caused a spike in interest to be covered, it essentially pushed the price to where it is now.These people were too greedy want to push the stock from $20 to $3 but kena goreng. Question is: Why are they allowed to short more than 100% of the total shares? |
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Jan 28 2021, 01:08 PM
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Junior Member
70 posts Joined: Feb 2014 |
QUOTE(sembilan @ Jan 28 2021, 01:05 PM) but how do they manipulate? If they are just placing "bet" hoping the price will come down, the most it gives is the impression that people are dumping the shares. but thanks for your reply. Actually, it's somewhat illegal and irresponsible what they're doing. Basically when they short such a huge amount (probably with the help of their friends) it forces the price to go down. They did not hope for the price to go down, they made the price go down. That's the difference. People think the price is about to crash, then they panic and sell low. The price goes lower and circle continues. Basically what started 1997 financial crisis.It will be interesting to see how this pans out when it all ends This post has been edited by whyamiblack: Jan 28 2021, 01:11 PM |
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Jan 28 2021, 01:08 PM
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117 posts Joined: Jun 2014 |
fark wall streets
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Jan 28 2021, 01:09 PM
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#80
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Senior Member
4,723 posts Joined: Apr 2008 |
Too little to take on the biggy
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