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Posted: 1/27/2021 11:52:15 PM EDT
[#1]
Quote HistoryQuoted: They killed the walls treet bets discord. Quote HistoryQuoted: Quoted: It still loads for me. They are talking about "What Are Your Moves Tomorrow, January 28, 2021". AMC allegedly has 38 million shares shorted out of 52 million shares available. Gotcha. |
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Posted: 1/27/2021 11:53:00 PM EDT
[#2]
Quote HistoryQuoted: They don't like to be beaten at their own game. When hedge funds do this, hey its capitalism. When an internet forum does this and financially hurts the hedge funds, "hey, this isn't right" Gov bailout looming? This is what it seems like. Can't have the plebs affecting the game in ways they can't control! |
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Posted: 1/27/2021 11:53:50 PM EDT
[#3]
Quote HistoryQuoted: Major hedge fund bet on game stop to lose Buncha guys on Reddit bought GameStop (GME) and pumped the stock price Hedge fund basically lost a lot of money Securities and exchange commission accused them of fraud David beat Goliath |
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Posted: 1/27/2021 11:54:42 PM EDT
[#4]
This is so fucking epic
I don’t think people understand the magnitude of this movement catching on. It could literally be the largest transfer of wealth that this country has ever seen. Unless the SEC freezes everything, and politicians pass laws to prohibit this shit, it will go on forever. So fucking simple. Yet so fucking amazing |
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Posted: 1/27/2021 11:54:45 PM EDT
[#5]
Quote HistoryQuoted: Maybe. The one thing going against it now is it worked well at Gamestop. Now people are looking for it to work on several companies like AMC, BB et.. at once. Quote HistoryQuoted: Quoted: Thursday morning short squeeze on GME, AMC, NOK, and BBB. BUY BUY BUY. It's time to break those hedge funds and treat them they way they have been treating us! I did sell a put on $3 AMC for December. It executed and I own 100 shares. So please drive the price through the roof! True, but remember that quite a few people now have a bunch of extra play money. |
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Posted: 1/27/2021 11:57:23 PM EDT
[#6]
Quote HistoryQuoted: True, but remember that quite a few people now have a bunch of extra play money. Quote HistoryQuoted: Quoted: Quoted: Thursday morning short squeeze on GME, AMC, NOK, and BBB. BUY BUY BUY. It's time to break those hedge funds and treat them they way they have been treating us! I did sell a put on $3 AMC for December. It executed and I own 100 shares. So please drive the price through the roof! True, but remember that quite a few people now have a bunch of extra play money. And millions of people more interested. Shit, even my wife had heard about this. It’s no longer just some Reddit group |
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Posted: 1/28/2021 12:00:41 AM EDT
[#7]
Quote HistoryQuoted: And millions of people more interested. Shit, even my wife had heard about this. It’s no longer just some Reddit group Quote HistoryQuoted: Quoted: Quoted: Quoted: Thursday morning short squeeze on GME, AMC, NOK, and BBB. BUY BUY BUY. It's time to break those hedge funds and treat them they way they have been treating us! I did sell a put on $3 AMC for December. It executed and I own 100 shares. So please drive the price through the roof! True, but remember that quite a few people now have a bunch of extra play money. And millions of people more interested. Shit, even my wife had heard about this. It’s no longer just some Reddit group And this is how you get a true casino on Wall Street. Place your bets, everyone. There's gonna be winners and there's gonna be losers. And if institutions and hedge funds no longer feel secure shorting stocks, buckle up, we're gonna get A LOT of crashing stocks. |
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Posted: 1/28/2021 12:06:18 AM EDT
[#8]
Quote HistoryQuoted: What a time to be alive. Interesting times |
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Posted: 1/28/2021 12:06:24 AM EDT
[#9]
Is Elon okay with this? Or made at the SEC for allowing it?
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Posted: 1/28/2021 12:08:08 AM EDT
[#10]
Quote HistoryQuoted: This is so fucking epic I don’t think people understand the magnitude of this movement catching on. It could literally be the largest transfer of wealth that this country has ever seen. Unless the SEC freezes everything, and politicians pass laws to prohibit this shit, it will go on forever. So fucking simple. Yet so fucking amazing IMHO the ability to short sell securities should be illegal. How is borrowing and selling someone else's stock even a thing? lmao. That's how Soros and his ilk make their money. It's even more grotesque how Wall Street protects its own by halting exchanges and platforms whenever they're in danger of a loss. And if/when they do lose, they get bailed out. r/WallStreetBets played by the rules and won, now they're being painted as villains. |
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Posted: 1/28/2021 12:08:49 AM EDT
[#11]
Quote HistoryQuoted: It wasn't just a hedge fund shorting stocks. It was a fund shorting 120% of available stocks. Their broker gave them credit and allowed them to short full well knowing they were in a legal gray area if not downright illegal naked shorting. Quote HistoryQuoted: Quoted: Major hedge fund bet on game stop to lose Buncha guys on Reddit bought GameStop (GME) and pumped the stock price Hedge fund basically lost a lot of money Securities and exchange commission accused them of fraud David beat Goliath I’d like to blame it on the vodka but I’m not educated enough to process that |
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Posted: 1/28/2021 12:10:20 AM EDT
[#12]
Quote HistoryQuoted: This is what it seems like. Can't have the plebs affecting the game in ways they can't control! |
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Posted: 1/28/2021 12:10:21 AM EDT
[#13]
Quote HistoryQuoted: And this is how you get a true casino on Wall Street. Place your bets, everyone. There's gonna be winners and there's gonna be losers. And if institutions and hedge funds no longer feel secure shorting stocks, buckle up, we're gonna get A LOT of crashing stocks. Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: Thursday morning short squeeze on GME, AMC, NOK, and BBB. BUY BUY BUY. It's time to break those hedge funds and treat them they way they have been treating us! I did sell a put on $3 AMC for December. It executed and I own 100 shares. So please drive the price through the roof! True, but remember that quite a few people now have a bunch of extra play money. And millions of people more interested. Shit, even my wife had heard about this. It’s no longer just some Reddit group And this is how you get a true casino on Wall Street. Place your bets, everyone. There's gonna be winners and there's gonna be losers. And if institutions and hedge funds no longer feel secure shorting stocks, buckle up, we're gonna get A LOT of crashing stocks. Wait, you mean that if hedge funds stop shorting companies they will fail? That isnt how it works on TV. |
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Posted: 1/28/2021 12:12:22 AM EDT
[#14]
Quote HistoryQuoted: Media is pushing it was a "hack" now. You know congress with it being super tech savy would never fall for that.... Quote HistoryQuoted: Quoted: This is what it seems like. Can't have the plebs affecting the game in ways they can't control! One weird trick. I hope putin bought $1M of gamestop at $5. |
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Posted: 1/28/2021 12:14:59 AM EDT
[#15]
Trying to re-rig the game.
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Posted: 1/28/2021 12:19:32 AM EDT
[#16]
Exact sell time will be transmitted via Baofeng.
When you know you'll know. 
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Posted: 1/28/2021 12:22:06 AM EDT
[#17]
Quote HistoryQuoted: I know nothing about markets and stocks. Can someone explain to me like I'm 10 years old what all is going on? @Nutro Game stop (gme) has been losing money hand over fist. Stock price declining as a result. Buncha hedgy bois short the stock (borrow a share-sell it- rebuy at lower price- return to stock to borrowee- keep difference in prices as profit.) which is betting that the stock is going to crash/burn. In an inexplicable series of events some bro decides it’s time to stick it to the hedgy bois. Starts buying gme and gets WSB to buy the ever living fuck out of gme. They do. Simple supply demand economics, price goes up. Now if you’re a regular joe with gme in your portfolio good for you. You’ve made some money. If you’re a hedge fund manager with millions of dollars worth shorted, you have to buy stock to cover your position (many reasons why but essentially you’re costing the lender of the stock money). When this started gme was like $7 or something. It’s presently ~$280 So what’s the bottom line? Let’s say youre a hedge boi trying to make the short and you shorted 1million shares At $7 hedgy bois were hoping the stock would drop to for example $5. At that point buy stock back return to lender and pocket two million dollars face mask elbow bump and eat lobster for dinner. INSTEAD, a bunch of morons on the internet took Jim Kramer’s advice (just to spite you) and went all BUY BUY BUY and drive the price up to $300/sh. You now have to cover $293/sh x1,000,000. By buying the stock back. Further driving up the price... on your self. It’s really quite poetic. It’s more complex in totality and there are more mechanics to it than my simplified version here but basically that’s what you’re looking at. A couple million expected profit turned into hundreds of millions/billions lost for many pissed off hedge funds. |
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Posted: 1/28/2021 12:22:51 AM EDT
[#18]
Quote HistoryQuoted: This is so fucking epic I don’t think people understand the magnitude of this movement catching on. It could literally be the largest transfer of wealth that this country has ever seen. Unless the SEC freezes everything, and politicians pass laws to prohibit this shit, it will go on forever. So fucking simple. Yet so fucking amazing Nah, it won’t go on forever. Eventually the people and firms willing to venture into negative float territory with naked shorts will all get blown up and run out of money and people will learn that when companies get close to 100% short interest that it’s time to GTFO out your short position. |
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Posted: 1/28/2021 12:26:19 AM EDT
[#19]
Quote HistoryQuoted: IMHO the ability to short sell securities should be illegal. How is borrowing and selling someone else's stock even a thing? lmao. That's how Soros and his ilk make their money. It's even more grotesque how Wall Street protects its own by halting exchanges and platforms whenever they're in danger of a loss. And if/when they do lose, they get bailed out. r/WallStreetBets played by the rules and won, now they're being painted as villains. No, short selling should not be illegal. Short selling shares that don’t actually exist should be illegal. |
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Posted: 1/28/2021 12:28:38 AM EDT
[#20]
Quote HistoryQuoted: @Nutro Game stop (gme) has been losing money hand over fist. Stock price declining as a result. Buncha hedgy bois short the stock (borrow a share-sell it- rebuy at lower price- return to stock to borrowee- keep difference in prices as profit.) which is betting that the stock is going to crash/burn. In an inexplicable series of events some bro decides it’s time to stick it to the hedgy bois. Starts buying gme and gets WSB to buy the ever living fuck out of gme. They do. Simple supply demand economics, price goes up. Now if you’re a regular joe with gme in your portfolio good for you. You’ve made some money. If you’re a hedge fund manager with millions of dollars worth shorted, you have to buy stock to cover your position (many reasons why but essentially you’re costing the lender of the stock money). When this started gme was like $7 or something. It’s presently ~$280 So what’s the bottom line? Let’s say youre a hedge boi trying to make the short and you shorted 1million shares At $7 hedgy bois were hoping the stock would drop to for example $5. At that point buy stock back return to lender and pocket two million dollars face mask elbow bump and eat lobster for dinner. INSTEAD, a bunch of morons on the internet took Jim Kramer’s advice (just to spite you) and went all BUY BUY BUY and drive the price up to $300/sh. You now have to cover $293/sh x1,000,000. By buying the stock back. Further driving up the price... on your self. It’s really quite poetic. It’s more complex in totality and there are more mechanics to it than my simplified version here but basically that’s what you’re looking at. A couple million expected profit turned into hundreds of millions/billions lost for many pissed off hedge funds. Quote HistoryQuoted: Quoted: I know nothing about markets and stocks. Can someone explain to me like I'm 10 years old what all is going on? @Nutro Game stop (gme) has been losing money hand over fist. Stock price declining as a result. Buncha hedgy bois short the stock (borrow a share-sell it- rebuy at lower price- return to stock to borrowee- keep difference in prices as profit.) which is betting that the stock is going to crash/burn. In an inexplicable series of events some bro decides it’s time to stick it to the hedgy bois. Starts buying gme and gets WSB to buy the ever living fuck out of gme. They do. Simple supply demand economics, price goes up. Now if you’re a regular joe with gme in your portfolio good for you. You’ve made some money. If you’re a hedge fund manager with millions of dollars worth shorted, you have to buy stock to cover your position (many reasons why but essentially you’re costing the lender of the stock money). When this started gme was like $7 or something. It’s presently ~$280 So what’s the bottom line? Let’s say youre a hedge boi trying to make the short and you shorted 1million shares At $7 hedgy bois were hoping the stock would drop to for example $5. At that point buy stock back return to lender and pocket two million dollars face mask elbow bump and eat lobster for dinner. INSTEAD, a bunch of morons on the internet took Jim Kramer’s advice (just to spite you) and went all BUY BUY BUY and drive the price up to $300/sh. You now have to cover $293/sh x1,000,000. By buying the stock back. Further driving up the price... on your self. It’s really quite poetic. It’s more complex in totality and there are more mechanics to it than my simplified version here but basically that’s what you’re looking at. A couple million expected profit turned into hundreds of millions/billions lost for many pissed off hedge funds. It gets worse. Hedgie boys got margin called and so had to liquidate their good stocks to pay for their GME losses. Said liquidation accounted for a 600 point DOW drop today. |
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Posted: 1/28/2021 12:30:12 AM EDT
[#21]
Quote HistoryQuoted: Huh, why is GameStop stocks flying up? Shorting stock - you 'borrow' a stock that you think is going to go down in price, let's say $1.00 for a $100 stock. You then sell that stock. You need to return the stock in 1 year. If the stock has gone down to $80 in that time, you buy it and return it, having a $19 profit. Of course if that stock has gone up in price to $110, you loose $11. A lot of people looked at Gamestop and said 'no one is going to buy physical computer games anymore, everyone downloads! People also can't sell 'used' games if they are downloaded....this company model isn't going to work. So all sorts of people shortsold Gamestop. Some either very savy people figured out the number of people short-selling Gamestop was such a high percentage that it was actually causing a bubble as investors bought it just so they could sell it to short-sellers. And realize eventually shortsellers need to buy replacements to sell back. They realized that the number of stocks involved in shortsales was so high that there was going to be something akin to a feedback loop - the price was going to act like the screech when you put a mike in front of it's own speaker. Although to be fair, these savy guys didn't know this exactly. They thought there was a 1% chance this would happen, but they also knew if it did happen, it would go sky-high. So they gambled a 99% chance of getting nothing vs a 1% chance of blowing the top off. They gambled correctly. |
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Posted: 1/28/2021 12:31:43 AM EDT
[#22]
Quote HistoryQuoted: It gets worse. Hedgie boys got margin called and so had to liquidate their good stocks to pay for their GME losses. Said liquidation accounted for a 600 point DOW drop today. Quote HistoryQuoted: Quoted: Quoted: I know nothing about markets and stocks. Can someone explain to me like I'm 10 years old what all is going on? @Nutro Game stop (gme) has been losing money hand over fist. Stock price declining as a result. Buncha hedgy bois short the stock (borrow a share-sell it- rebuy at lower price- return to stock to borrowee- keep difference in prices as profit.) which is betting that the stock is going to crash/burn. In an inexplicable series of events some bro decides it’s time to stick it to the hedgy bois. Starts buying gme and gets WSB to buy the ever living fuck out of gme. They do. Simple supply demand economics, price goes up. Now if you’re a regular joe with gme in your portfolio good for you. You’ve made some money. If you’re a hedge fund manager with millions of dollars worth shorted, you have to buy stock to cover your position (many reasons why but essentially you’re costing the lender of the stock money). When this started gme was like $7 or something. It’s presently ~$280 So what’s the bottom line? Let’s say youre a hedge boi trying to make the short and you shorted 1million shares At $7 hedgy bois were hoping the stock would drop to for example $5. At that point buy stock back return to lender and pocket two million dollars face mask elbow bump and eat lobster for dinner. INSTEAD, a bunch of morons on the internet took Jim Kramer’s advice (just to spite you) and went all BUY BUY BUY and drive the price up to $300/sh. You now have to cover $293/sh x1,000,000. By buying the stock back. Further driving up the price... on your self. It’s really quite poetic. It’s more complex in totality and there are more mechanics to it than my simplified version here but basically that’s what you’re looking at. A couple million expected profit turned into hundreds of millions/billions lost for many pissed off hedge funds. It gets worse. Hedgie boys got margin called and so had to liquidate their good stocks to pay for their GME losses. Said liquidation accounted for a 600 point DOW drop today. Wow that is quite epic. I love these stories. |
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Posted: 1/28/2021 12:34:00 AM EDT
[#23]
* Laughs in Libertarian *
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Posted: 1/28/2021 12:35:41 AM EDT
[#24]
So..what do we need to buy in the morning? AMC... Nok?
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Posted: 1/28/2021 12:36:14 AM EDT
[#25]
Quote HistoryQuoted: Some might call it a great reset. |
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Posted: 1/28/2021 12:41:27 AM EDT
[#26]
Hedge fund, Melvin, had naked shorts and was manipulating game stop stock. Which is illegal and is insanely risky.
At one point Gamestop was seen as going out the door. But, they got a new ceo and secured a contract with Microsoft. Reddit wallstreetbets found the numbers and figured out what was going on and a 3 million member group went all in on gamestop. The key here is Melvin has to show they have the money to maintain the position. They don't. And the only way for Melvin to get out of the position results in the stock price skyrocketing further and Melvin probably going under. To understate, this is why the market tanked pretty much everywhere else. They have to sell a fuck ton of assets to cover. Citadel, another fund, is trying to bankroll them. Melvin HAS to come up with the money. Soon. In the end GME, AMC, NOK, and BB have done more to transfer wealth into regular people than the US Government. And .gov is not going to be happy about it. |
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Posted: 1/28/2021 12:42:11 AM EDT
[#27]
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Posted: 1/28/2021 12:45:41 AM EDT
[#28]
Quote HistoryQuoted: So..what do we need to buy in the morning? AMC... Nok? Everything. Wallstreet corporate commies gonna get their shit pushed in. It will be epic... Now the trick will be... How do we do to CNN Facebook twitter, what hedge funds planned to do to gamestop? (Bankrupt them) Watch the rules for thee not for me gymnastics come to play... |
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Posted: 1/28/2021 12:47:29 AM EDT
[#29]
Quote HistoryQuoted: Everything. Wallstreet corporate commies gonna get their shit pushed in. It will be epic... Now the trick will be... How do we do to CNN Facebook twitter, what hedge funds planned to do to gamestop? (Bankrupt them) Watch the rules for thee not for me gymnastics come to play... Quote HistoryQuoted: Quoted: So..what do we need to buy in the morning? AMC... Nok? Everything. Wallstreet corporate commies gonna get their shit pushed in. It will be epic... Now the trick will be... How do we do to CNN Facebook twitter, what hedge funds planned to do to gamestop? (Bankrupt them) Watch the rules for thee not for me gymnastics come to play... 
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Posted: 1/28/2021 12:48:32 AM EDT
[#30]
Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
H.L. Mencken  Attached File |
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Posted: 1/28/2021 12:52:24 AM EDT
[#31]
Quote HistoryQuoted: Friday will be an interesting day. Or will it be Monday? Two weeks! |
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Posted: 1/28/2021 12:54:18 AM EDT
[#32]
Based on queued order volumes... Tomorrow is going to be bumpy as hell.
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Posted: 1/28/2021 12:56:03 AM EDT
[#33]
Quote HistoryQuoted: They have a sea shanty. As all good autists must.  https://www.youtube.com/watch?v=rejpDqQUcV0I'm fuckin dead 
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Posted: 1/28/2021 12:59:44 AM EDT
[#34]
Quote HistoryQuoted: Based on queued order volumes... Tomorrow is going to be bumpy as hell. Tomorrow could also skyrocket. Reddit trolls knew all about this until today. The entire fucking world knows about it tonight. Don’t underestimate the number of people looking for a get-rich-quick scheme. Millions of people are going to go all in, tomorrow. This is my guess, and certainly not financial advice of any kind |
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Posted: 1/28/2021 1:01:12 AM EDT
[#35]
There’s a point when they say “let them eat cake” one too many times.
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Posted: 1/28/2021 1:01:32 AM EDT
[#36]
Quote HistoryQuoted: Tomorrow could also skyrocket. Reddit trolls knew all about this until today. The entire fucking world knows about it tonight. Don’t underestimate the number of people looking for a get-rich-quick scheme. Millions of people are going to go all in, tomorrow. This is my guess, and certainly not financial advice of any kind Quote HistoryQuoted: Quoted: Based on queued order volumes... Tomorrow is going to be bumpy as hell. Tomorrow could also skyrocket. Reddit trolls knew all about this until today. The entire fucking world knows about it tonight. Don’t underestimate the number of people looking for a get-rich-quick scheme. Millions of people are going to go all in, tomorrow. This is my guess, and certainly not financial advice of any kind As usual some of them will get rich, and most will be idiots.  But hey, I watched a couple blow $1500 on slots last Saturday chasing...They'd have a better shot here is all I'm saying.
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Posted: 1/28/2021 1:02:37 AM EDT
[#37]
Quote HistoryQuoted: Tomorrow could also skyrocket. Reddit trolls knew all about this until today. The entire fucking world knows about it tonight. Don’t underestimate the number of people looking for a get-rich-quick scheme. Millions of people are going to go all in, tomorrow. This is my guess, and certainly not financial advice of any kind Every forum on this planet is saying buy amc and gme and hold. Tomorrow is going to be wild as hell. They are going to hit breakers all day long. I think amc has more potential because it’s lower and more people have the funds to buy it. I would not be surprised if it pushed past $100 |
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Posted: 1/28/2021 1:14:23 AM EDT
[#38]
Shits about to get interesting for sure. I think there is a chance we could see multiple hedge funds and a bank blow up in the coming weeks.
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Posted: 1/28/2021 1:17:25 AM EDT
[#39]
Someone tell me the best way to buy AMC stock tonight. Which app and how do I do it. I've never bought stock before in my life.
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Posted: 1/28/2021 1:17:55 AM EDT
[#40]
Quote HistoryQuoted: Wish I could have been part of it. I always miss out |
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Posted: 1/28/2021 1:18:07 AM EDT
[#41]
Quote HistoryQuoted: Shits about to get interesting for sure. I think there is a chance we could see multiple hedge funds and bank blow up in the coming weeks. Oh no! That sucks! /Coumomeme.jpg |
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Posted: 1/28/2021 1:18:25 AM EDT
[#42]
Quote HistoryMmm...spicy. |
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Posted: 1/28/2021 1:20:46 AM EDT
[#43]
Quote HistoryQuoted: It wasn't just a hedge fund shorting stocks. It was a fund shorting 120% of available stocks. Their broker gave them credit and allowed them to short full well knowing they were in a legal gray area if not downright illegal naked shorting. Nothing fraudulent or illegal required for stock to go over 100% shorted. Some brokers holding the long side of shorts contracts were letting other short sellers barrow those contracts, so there was a chain of shorts for many individual shares. This is not even a classical short squeeze because most of the early buyers were genuinely bullish. Short term gaming is up from COVID and there is a new X'Box out. Long term Ganestop is working to grow their on-line side. The founder of Chewey.com is involved in that effort and has bought a 12% share. This is not even that big of a short squeeze. Volkswagen went up 10x in one day in 2008. I don't understand people getting the vapors over this. Mike |
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Posted: 1/28/2021 1:23:52 AM EDT
[#44]
Quote HistoryQuoted: Exact sell time will be transmitted via Baofeng. When you know you'll know. 
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Posted: 1/28/2021 1:24:05 AM EDT
[#45]
Quote HistoryQuoted: Nothing fraudulent or illegal required for stock to go over 100% shorted. Some brokers holding the long side of shorts contracts were letting other short sellers barrow those contracts, so there was a chain of shorts for many individual shares. This is not even a classical short squeeze because most of the early buyers were genuinely bullish. Short term gaming is up from COVID and there is a new X'Box out. Long term Ganestop is working to grow their on-line side. The founder of Chewey.com is involved in that effort and has bought a 12% share. This is not even that big of a short squeeze. Volkswagen went up 10x in one day in 2008. I don't understand people getting the vapors over this. Mike Quote HistoryQuoted: Quoted: It wasn't just a hedge fund shorting stocks. It was a fund shorting 120% of available stocks. Their broker gave them credit and allowed them to short full well knowing they were in a legal gray area if not downright illegal naked shorting. Nothing fraudulent or illegal required for stock to go over 100% shorted. Some brokers holding the long side of shorts contracts were letting other short sellers barrow those contracts, so there was a chain of shorts for many individual shares. This is not even a classical short squeeze because most of the early buyers were genuinely bullish. Short term gaming is up from COVID and there is a new X'Box out. Long term Ganestop is working to grow their on-line side. The founder of Chewey.com is involved in that effort and has bought a 12% share. This is not even that big of a short squeeze. Volkswagen went up 10x in one day in 2008. I don't understand people getting the vapors over this. Mike Tagged for tomorrow. |
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Posted: 1/28/2021 1:25:17 AM EDT
[#46]
Quote HistoryQuoted: Quote HistoryQuoted: Quoted: Wish I could have been part of it. I always miss out You didn’t miss anything yet IMO |
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Posted: 1/28/2021 1:26:13 AM EDT
[#47]
Quote HistoryQuoted: Someone tell me the best way to buy AMC stock tonight. Which app and how do I do it. I've never bought stock before in my life. Try Robinhood?? I think it’s pretty easy to hop in and make a deposit. Then search amc. I believe robinhood opens the market early at 9am. |
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Posted: 1/28/2021 1:26:22 AM EDT
[#48]
Quote HistoryQuoted: Nothing fraudulent or illegal required for stock to go over 100% shorted. Some brokers holding the long side of shorts contracts were letting other short sellers barrow those contracts, so there was a chain of shorts for many individual shares. This is not even a classical short squeeze because most of the early buyers were genuinely bullish. Short term gaming is up from COVID and there is a new X'Box out. Long term Ganestop is working to grow their on-line side. The founder of Chewey.com is involved in that effort and has bought a 12% share. This is not even that big of a short squeeze. Volkswagen went up 10x in one day in 2008. I don't understand people getting the vapors over this. Mike Quote HistoryQuoted: Quoted: It wasn't just a hedge fund shorting stocks. It was a fund shorting 120% of available stocks. Their broker gave them credit and allowed them to short full well knowing they were in a legal gray area if not downright illegal naked shorting. Nothing fraudulent or illegal required for stock to go over 100% shorted. Some brokers holding the long side of shorts contracts were letting other short sellers barrow those contracts, so there was a chain of shorts for many individual shares. This is not even a classical short squeeze because most of the early buyers were genuinely bullish. Short term gaming is up from COVID and there is a new X'Box out. Long term Ganestop is working to grow their on-line side. The founder of Chewey.com is involved in that effort and has bought a 12% share. This is not even that big of a short squeeze. Volkswagen went up 10x in one day in 2008. I don't understand people getting the vapors over this. Mike No you don't. |
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Posted: 1/28/2021 1:28:25 AM EDT
[#49]
Quoted: Try Robinhood?? I think it’s pretty easy to hop in and make a deposit. Then search amc. I believe robinhood opens the market early at 9am. It's telling me 4-5 business days before my deposit would reach the account. It looks like I will miss this ride 
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Posted: 1/28/2021 1:31:16 AM EDT
[#50]
Quote HistoryQuoted: I wonder what criteria they are using to make sure “ unusual” activity “matches” chatter? Prob just use code words next to dodge the monitoring, like boogaloo turned into sea cow snow plow, booger loo, etc. Good luck fed boi algorithm writers. |
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