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

but what did the investment banks do actually? Short the position in the hope that Gamestop's price will go to zero?

I read somewhere is that fund doubled down after the stocks pump higher

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

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

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.

It will be interesting to see how this pans out when it all ends

200k redditors pump the price.
Simple terms,
Hedge fund short the stock hoping when it goes down they will profit.
Example price now 50rm, if drop to 20rm the hedge fund pocket 30rm difference.
But when 200k ppl buy 1000rm each, the price from 50rm go to 90rm. So instead of pocketing the loss they need to pump more money in to cover the bet.

Hedge fund didn't buy the stock but make a bet saying will go down.
So when go up they are negative losses.
Now when everyone pump to 200rm, the hedge fund need to cover 150rm loss in each stock.
So if hedge fund bet 100k unit at 50rm to go down, now since it goes up, that 100k units is at -150rm per unit.

So their losses at 100k X 150rm which is 15mil.

But from what I read, it was from 20 over USD to 150 over USD..

So imagine if you buy 10 mil unit at 20 usd, if price goes down to 10 you will win 100mil USD. Now it's 10mil units X 130usd so your losses will be 1.3billion

These redditors got money to buy the stocks means they rich also?

Go check how much Black Rock makes from Games Stop shares... then tell me who game who? Those retailers getting played out by pros still think they winning... lol.. thanks to Wall Street reporting stroking their egos...

No doubt some small timer hedge funds are getting burnt ...but the biggest whale raking in billions

Disagree with this. You all supporting this makes no sense. You support these jobless people with too much time on their hands getting a mob and messing with the market unnaturally. If it happens here then it can happen to others. Dangerous precedent to set.

i dont mind burning couple of hundred dollars.
it's a personal vendetta against these elite fuckers

curious, how the shorter push the price down? they just short saja apa?

eToro can't set order for $GME anymore

i tot Melvin already closed position? still got fight ka?

Just lose a bit money on one stock. What's the big deal. Stock market ppl win and lose everyday

i see. but etoro now can buy only when market open kan.. maybe i put in usd100 for the lulz lol.. just wanna see some fun

serve them all right..

Vote Biden into power some-more la..

He give everyone free 600USD to go whack kau the rich like this. LOL..

As one famous CCP key-board warrior always like to say, never bite the hand that feeds you.

Trump feed them all nicely, and they voted him out. Now they die under Biden.

can the price still go up...?

google up Short Interest

try to understand what happens when someone is desperately trying to buy back shares they shorted but you own them.

at the same time, the interest rate on the borrowed shares are clicking at a rumoured 1% to 2% a day.....

is this how Soros did to Malaysia during the 90s?

why mahathir didnt ask malaysian to buy more RM forex ?

later SEC suddenly find some financial accounts irregularities and stock halt trading for sure.

what fee is that ?
borrowing fees for a week/month/year ?

if this really works, all hedge fund investor needs to be careful in the future and not let any redditors know they are shorting any stocks...