QUOTE(kweil @ Jan 28 2021, 11:01 AM)
QUOTE(Eurobeater @ Jan 28 2021, 11:16 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..
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
yup true, some people just think that wah spike = buy, dangerous mindsethedge 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
Jan 28 2021, 11:35 AM

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