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

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wotvr
post Jan 28 2021, 01:08 PM

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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.gif
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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?
wotvr
post Jan 28 2021, 02:14 PM

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QUOTE(bumpo @ Jan 28 2021, 01:30 PM)
for sure govt will intervene. they wont let another lehmans meltdown happen
not especially when new president just took the throne  laugh.gif
answer: there is money to be made  laugh.gif

care to dive down the rabbit hole to see how much of freedom democracy is intertwined with stuff like these?  laugh.gif
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Yes, but you should see CNBC. These people were blaming others for their greed. They say reddit speculate. Who speculate first? When you short 150%, you should be investigated. lol
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