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Link Posted: 2/4/2021 5:57:16 PM EDT
[#1]
Link Posted: 2/4/2021 7:41:01 PM EDT
[#2]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


In the brief period of time that I've followed GME it's become really clear that data has often been both incorrect, delayed, and misinterpreted.

The one thing that is 100% easy to see is that the price action of the stocks was perfectly typical of a short squeeze both on the way up and on the way down.  The details of how that played out from a data perspective might take a few days to a few weeks to really shake out.  Bloomberg was reporting earlier this week that short interested had cratered over the course of the squeeze as was down near 50% earlier this week...which by definition is what drives the squeeze (the act of shorts covering their positions).

The conspiracy theories and data from self interested parties are fine but at some point you have to believe your own eyes.



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Quoted:
Quoted:


How is it not painfully obvious that the squeeze already happened and you missed it?



I might have.

I am also seeing alot more people buying and the shorts haven't been filled. Per the nerds and their data on reddit.


In the brief period of time that I've followed GME it's become really clear that data has often been both incorrect, delayed, and misinterpreted.

The one thing that is 100% easy to see is that the price action of the stocks was perfectly typical of a short squeeze both on the way up and on the way down.  The details of how that played out from a data perspective might take a few days to a few weeks to really shake out.  Bloomberg was reporting earlier this week that short interested had cratered over the course of the squeeze as was down near 50% earlier this week...which by definition is what drives the squeeze (the act of shorts covering their positions).

The conspiracy theories and data from self interested parties are fine but at some point you have to believe your own eyes.






The problem is there is so much data it's hard to find data that you can trust look at this from Market watch, 120% float:
Attachment Attached File

vs
Merril's research that shows 88%, others report less than 50%.

Attachment Attached File


The real problem with fighting with the big boys is they have access to real time data they pay to be accurate.  Both of these screen shots are less than 5 minutes old.
Link Posted: 2/5/2021 1:10:24 AM EDT
[#3]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



The problem is there is so much data it's hard to find data that you can trust look at this from Market watch, 120% float:
https://www.ar15.com/media/mediaFiles/67501/gme_MW_JPG-1810997.JPG
vs
Merril's research that shows 88%, others report less than 50%.

https://www.ar15.com/media/mediaFiles/67501/GEM_ML_JPG-1811000.JPG

The real problem with fighting with the big boys is they have access to real time data they pay to be accurate.  Both of these screen shots are less than 5 minutes old.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:


How is it not painfully obvious that the squeeze already happened and you missed it?



I might have.

I am also seeing alot more people buying and the shorts haven't been filled. Per the nerds and their data on reddit.


In the brief period of time that I've followed GME it's become really clear that data has often been both incorrect, delayed, and misinterpreted.

The one thing that is 100% easy to see is that the price action of the stocks was perfectly typical of a short squeeze both on the way up and on the way down.  The details of how that played out from a data perspective might take a few days to a few weeks to really shake out.  Bloomberg was reporting earlier this week that short interested had cratered over the course of the squeeze as was down near 50% earlier this week...which by definition is what drives the squeeze (the act of shorts covering their positions).

The conspiracy theories and data from self interested parties are fine but at some point you have to believe your own eyes.






The problem is there is so much data it's hard to find data that you can trust look at this from Market watch, 120% float:
https://www.ar15.com/media/mediaFiles/67501/gme_MW_JPG-1810997.JPG
vs
Merril's research that shows 88%, others report less than 50%.

https://www.ar15.com/media/mediaFiles/67501/GEM_ML_JPG-1811000.JPG

The real problem with fighting with the big boys is they have access to real time data they pay to be accurate.  Both of these screen shots are less than 5 minutes old.

That's a simple one. The first screenshot is differentiating the total number of available shares vs the number that are publicly available, and using the latter number for its calculation while the bottom is using the former, which is larger.
Link Posted: 2/5/2021 1:11:36 AM EDT
[#4]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



The problem is there is so much data it's hard to find data that you can trust look at this from Market watch, 120% float:
https://www.ar15.com/media/mediaFiles/67501/gme_MW_JPG-1810997.JPG
vs
Merril's research that shows 88%, others report less than 50%.

https://www.ar15.com/media/mediaFiles/67501/GEM_ML_JPG-1811000.JPG

The real problem with fighting with the big boys is they have access to real time data they pay to be accurate.  Both of these screen shots are less than 5 minutes old.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:


How is it not painfully obvious that the squeeze already happened and you missed it?



I might have.

I am also seeing alot more people buying and the shorts haven't been filled. Per the nerds and their data on reddit.


In the brief period of time that I've followed GME it's become really clear that data has often been both incorrect, delayed, and misinterpreted.

The one thing that is 100% easy to see is that the price action of the stocks was perfectly typical of a short squeeze both on the way up and on the way down.  The details of how that played out from a data perspective might take a few days to a few weeks to really shake out.  Bloomberg was reporting earlier this week that short interested had cratered over the course of the squeeze as was down near 50% earlier this week...which by definition is what drives the squeeze (the act of shorts covering their positions).

The conspiracy theories and data from self interested parties are fine but at some point you have to believe your own eyes.






The problem is there is so much data it's hard to find data that you can trust look at this from Market watch, 120% float:
https://www.ar15.com/media/mediaFiles/67501/gme_MW_JPG-1810997.JPG
vs
Merril's research that shows 88%, others report less than 50%.

https://www.ar15.com/media/mediaFiles/67501/GEM_ML_JPG-1811000.JPG

The real problem with fighting with the big boys is they have access to real time data they pay to be accurate.  Both of these screen shots are less than 5 minutes old.


Yes,  that is exactly my point.  Your specific example aside.
Link Posted: 2/5/2021 4:19:17 AM EDT
[#5]
Link Posted: 2/5/2021 4:49:01 AM EDT
[#6]
Link Posted: 2/5/2021 11:47:05 AM EDT
[#7]
Big hedgie closed their position. It’ll go back down

not investment advice
Link Posted: 2/6/2021 1:56:37 PM EDT
[#8]
Leader of 'Roaring Kitty' is being investigated by securities regulators for potentially breaking rules governing brokers after placing huge bet on GameStop a year ago


The YouTuber known as Roaring Kitty, who became the face of the GameStop stock frenzy and also worked until last week as a broker, could be in legal trouble for potential violations of federal rules governing brokers' communications with the public.

Keith Gill, 34, placed a huge bet on GameStop shares more than a year ago and shared his ideas about the stock online in the months leading up to the 'meme stock' bubble.

But his commentary may create a problem for Massachusetts Mutual Life Insurance Co., which employed him and had a duty to supervise him.





Securities regulators in Massachusetts are said to be investigating Gill and his former day job as a financial wellness education director at insurance company MassMutual.

The company told regulators that it was unaware of Gill's YouTube videos promoting GameStop stock, and that if it had known it would have asked him to stop or fired him, according to the New York Times.  

Although he didn't advise specific clients on investments or insurance, he was not exempt from regulations that tightly regulate brokers' conduct, securities lawyers have suggested to the Wall Street Journal.

The once obscure YouTuber has become an unlikely celebrity in the clash between small investors and big hedge funds, and is seen by some as a folk hero and others as a dangerous disruptor of markets.


Continued
Link Posted: 2/6/2021 2:35:55 PM EDT
[#9]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Leader of 'Roaring Kitty' is being investigated by securities regulators for potentially breaking rules governing brokers after placing huge bet on GameStop a year ago


The YouTuber known as Roaring Kitty, who became the face of the GameStop stock frenzy and also worked until last week as a broker, could be in legal trouble for potential violations of federal rules governing brokers' communications with the public.

Keith Gill, 34, placed a huge bet on GameStop shares more than a year ago and shared his ideas about the stock online in the months leading up to the 'meme stock' bubble.

But his commentary may create a problem for Massachusetts Mutual Life Insurance Co., which employed him and had a duty to supervise him.


https://i.dailymail.co.uk/1s/2021/02/06/05/38883996-9230503-Gill_is_seen_last_week_at_his_rented_home_in_Massachusetts_where-a-54_1612589006999.jpg


Securities regulators in Massachusetts are said to be investigating Gill and his former day job as a financial wellness education director at insurance company MassMutual.

The company told regulators that it was unaware of Gill's YouTube videos promoting GameStop stock, and that if it had known it would have asked him to stop or fired him, according to the New York Times.  

Although he didn't advise specific clients on investments or insurance, he was not exempt from regulations that tightly regulate brokers' conduct, securities lawyers have suggested to the Wall Street Journal.

The once obscure YouTuber has become an unlikely celebrity in the clash between small investors and big hedge funds, and is seen by some as a folk hero and others as a dangerous disruptor of markets.


Continued
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The system will do everything it can to fuck him over.  Everything.
Link Posted: 2/7/2021 4:57:10 PM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


The system will do everything it can to fuck him over.  Everything.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Leader of 'Roaring Kitty' is being investigated by securities regulators for potentially breaking rules governing brokers after placing huge bet on GameStop a year ago


The YouTuber known as Roaring Kitty, who became the face of the GameStop stock frenzy and also worked until last week as a broker, could be in legal trouble for potential violations of federal rules governing brokers' communications with the public.

Keith Gill, 34, placed a huge bet on GameStop shares more than a year ago and shared his ideas about the stock online in the months leading up to the 'meme stock' bubble.

But his commentary may create a problem for Massachusetts Mutual Life Insurance Co., which employed him and had a duty to supervise him.


https://i.dailymail.co.uk/1s/2021/02/06/05/38883996-9230503-Gill_is_seen_last_week_at_his_rented_home_in_Massachusetts_where-a-54_1612589006999.jpg


Securities regulators in Massachusetts are said to be investigating Gill and his former day job as a financial wellness education director at insurance company MassMutual.

The company told regulators that it was unaware of Gill's YouTube videos promoting GameStop stock, and that if it had known it would have asked him to stop or fired him, according to the New York Times.  

Although he didn't advise specific clients on investments or insurance, he was not exempt from regulations that tightly regulate brokers' conduct, securities lawyers have suggested to the Wall Street Journal.

The once obscure YouTuber has become an unlikely celebrity in the clash between small investors and big hedge funds, and is seen by some as a folk hero and others as a dangerous disruptor of markets.


Continued


The system will do everything it can to fuck him over.  Everything.



Does it look like the hedgefunds "got out on Tuesday haha they didn't lose anything ,sorry you rubes" is what really happened?

They also realized they can't "regulate" this without it becoming a problem.
Either dementia-man upsets the bernie base by helping wallstreet.
Or he upsets his corporate bankrollers by giving the bernie people what they want.

Solution! Gulag for the guy who can use excel.
Link Posted: 2/8/2021 2:07:55 AM EDT
[#11]
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Quoted:
WTF is going on in the subreddit?

There's some excitement about moderation, and it looks like there's at least two mods who have accounts that were created within the past week or so.  Something weird is going on.
View Quote
I think  massive new accounts lately with outsiders and such have watered down the joint, so they probably created a private one for the original posters.
Link Posted: 2/8/2021 2:13:23 AM EDT
[#12]
What a fucking tragedy this turned out to be, so many people lost so much.
Link Posted: 2/8/2021 2:15:54 AM EDT
[#13]
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Quoted:
What a fucking tragedy this turned out to be, so many people lost so much.
View Quote

Basically just a big pump and dump of epic proportions.  This one had the especially strong combination of FOMO and the whole "Let's stick it to the evil bankers" angle.  The only people who did well made their money at the expense of the bagholders.  Now the same clowns who pulled this GME/AMC crap are pumping up worthless DOGEcoin which is also going to screw a lot of people over.
Link Posted: 2/8/2021 2:22:12 AM EDT
[#14]
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Quoted:
Whatever happened with the SLV and silver stuff?
View Quote
It was a  false flag distraction operation. The hedge funds do not short silver and actually have big positions in silver common stock.

Many say the squeeze hasn't actually happened fully yet especially for AMC.  many speculate that the funds never go out.  this Tuesday there will be data available showing the amount of short percentage. If is a lot like many speculate expect a run of people buying the stock again

Aloha
Fotima
Link Posted: 2/8/2021 2:36:12 AM EDT
[#15]
Should update the thread, dude did NOT make $47M. He has/had some securities/options that were for a brief moment worth $47M.
Link Posted: 2/8/2021 3:55:07 AM EDT
[#16]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Should update the thread, dude did NOT make $47M. He has/had some securities/options that were for a brief moment worth $47M.
View Quote

OP doesn't say anything about him making $47M
It says he turned $40k into $47M, which is technically correct.
Link Posted: 2/8/2021 4:00:00 AM EDT
[#17]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

OP doesn't say anything about him making $47M
It says he turned $40k into $47M, which is technically correct.
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Quoted:
Quoted:
Should update the thread, dude did NOT make $47M. He has/had some securities/options that were for a brief moment worth $47M.

OP doesn't say anything about him making $47M
It says he turned $40k into $47M, which is technically correct.

But he didn't. At no point did he actually have $47M, he had some other things that may at one point in time been worth approximately that.... Huge difference imo...
Link Posted: 2/8/2021 11:18:50 AM EDT
[#18]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

But he didn't. At no point did he actually have $47M, he had some other things that may at one point in time been worth approximately that.... Huge difference imo...
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Should update the thread, dude did NOT make $47M. He has/had some securities/options that were for a brief moment worth $47M.

OP doesn't say anything about him making $47M
It says he turned $40k into $47M, which is technically correct.

But he didn't. At no point did he actually have $47M, he had some other things that may at one point in time been worth approximately that.... Huge difference imo...
Noted...
Link Posted: 2/10/2021 12:39:45 PM EDT
[#19]
Looks like new float % numbers are out. Float is low 40% range, was in the >120% range when things blew up. Looks like hedge funds have covered their positions now (mostly).
Link Posted: 2/10/2021 2:07:36 PM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Looks like new float % numbers are out. Float is low 40% range, was in the >120% range when things blew up. Looks like hedge funds have covered their positions now (mostly).
View Quote


Short interest is 78%
Link Posted: 2/10/2021 3:06:57 PM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Short interest is 78%
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Looks like new float % numbers are out. Float is low 40% range, was in the >120% range when things blew up. Looks like hedge funds have covered their positions now (mostly).


Short interest is 78%


I missed that. Thanks!

Interesting that Ameritrade shows short interest as 42.24% (as of 29jan21) for GME. Wonder why the difference?

Still a window for a second squeeze?
Link Posted: 2/10/2021 3:12:15 PM EDT
[#22]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I missed that. Thanks!

Interesting that Ameritrade shows short interest as 42.24% (as of 29jan21) for GME. Wonder why the difference?

Still a window for a second squeeze?
View Quote View All Quotes
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Quoted:
Quoted:
Quoted:
Looks like new float % numbers are out. Float is low 40% range, was in the >120% range when things blew up. Looks like hedge funds have covered their positions now (mostly).


Short interest is 78%


I missed that. Thanks!

Interesting that Ameritrade shows short interest as 42.24% (as of 29jan21) for GME. Wonder why the difference?

Still a window for a second squeeze?


The numbers all over the place. Someone one Reddit caught them manipulating the numbers, they dropped exactly in half. I’ll have to check to see which numbers they were changing.

I believe the short interest is considerably higher than that.

I don’t think it’s over.
Link Posted: 2/10/2021 3:55:31 PM EDT
[#23]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I missed that. Thanks!

Interesting that Ameritrade shows short interest as 42.24% (as of 29jan21) for GME. Wonder why the difference?

Still a window for a second squeeze?
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Looks like new float % numbers are out. Float is low 40% range, was in the >120% range when things blew up. Looks like hedge funds have covered their positions now (mostly).


Short interest is 78%


I missed that. Thanks!

Interesting that Ameritrade shows short interest as 42.24% (as of 29jan21) for GME. Wonder why the difference?

Still a window for a second squeeze?



for another data point, Merrill is showing 30.7 short interest right now.
Link Posted: 2/10/2021 3:58:45 PM EDT
[#24]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Basically just a big pump and dump of epic proportions.  This one had the especially strong combination of FOMO and the whole "Let's stick it to the evil bankers" angle.  The only people who did well made their money at the expense of the bagholders.  Now the same clowns who pulled this GME/AMC crap are pumping up worthless DOGEcoin which is also going to screw a lot of people over.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
What a fucking tragedy this turned out to be, so many people lost so much.

Basically just a big pump and dump of epic proportions.  This one had the especially strong combination of FOMO and the whole "Let's stick it to the evil bankers" angle.  The only people who did well made their money at the expense of the bagholders.  Now the same clowns who pulled this GME/AMC crap are pumping up worthless DOGEcoin which is also going to screw a lot of people over.


That’s how stuff like this goes. For every winner their is a loser. Such is life. Anyone who expected GME to stay high was crazy. The ass was always going to fall out of it at some point. People shouldn’t have risked more than they could handle losing.
Link Posted: 2/10/2021 3:59:52 PM EDT
[#25]
If the feds end up taking this guys money I’m sure he could do a gofundme and get a huge pile of money given to him. I’d be up to donate to it.
Link Posted: 2/10/2021 11:03:00 PM EDT
[#26]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



for another data point, Merrill is showing 30.7 short interest right now.
View Quote


Thanks.

I’m watching this play out with great interest.



A second squeeze event would be fun to watch.
Link Posted: 2/16/2021 3:48:05 PM EDT
[#27]
The hedgefunds are proxy shorting GME through an ETF called XRT. GME makes up 20% of XRT. They short XRT and put call options on the rest of the shares that XRT holds.

The failure to deliver was exceedingly high from GME, suddenly it dropped but XRT went from 10,000 shares failure to deliver to over 2 million.



Link Posted: 2/16/2021 3:55:25 PM EDT
[#28]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
The hedgefunds are proxy shorting GME through an ETF called XRT. GME makes up 20% of XRT. They short XRT and put call options on the rest of the shares that XRT holds.

The failure to deliver was exceedingly high from GME, suddenly it dropped but XRT went from 10,000 shares failure to deliver to over 2 million.



https://i.ibb.co/5GH7039/failure-to-deliver-jan-21.jpg
View Quote


Well isn't that some shit.
Link Posted: 2/16/2021 4:51:37 PM EDT
[#29]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
The hedgefunds are proxy shorting GME through an ETF called XRT. GME makes up 20% of XRT. They short XRT and put call options on the rest of the shares that XRT holds.

The failure to deliver was exceedingly high from GME, suddenly it dropped but XRT went from 10,000 shares failure to deliver to over 2 million.



https://i.ibb.co/5GH7039/failure-to-deliver-jan-21.jpg
View Quote



So, what happens now?
Link Posted: 2/16/2021 4:59:12 PM EDT
[#30]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



So, what happens now?
View Quote


My guess unless there's legal intervention then GME gets shorted back to the single digits, over a period of time in which the majority of retail investors sell their positions at a steep loss.
Link Posted: 2/16/2021 5:01:03 PM EDT
[#31]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



So, what happens now?
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
The hedgefunds are proxy shorting GME through an ETF called XRT. GME makes up 20% of XRT. They short XRT and put call options on the rest of the shares that XRT holds.

The failure to deliver was exceedingly high from GME, suddenly it dropped but XRT went from 10,000 shares failure to deliver to over 2 million.



https://i.ibb.co/5GH7039/failure-to-deliver-jan-21.jpg



So, what happens now?


I don’t have the slightest clue. The SEC appears to not give two shits about it.

Keep holding and hope they bleed enough to have to buy back the shares my strategy.

I’m hoping DFV’s testimony on Thursday puts the spotlight on the Hedgefunds.
Link Posted: 2/18/2021 2:08:28 PM EDT
[#32]
DFV testifying before congress

Link Posted: 2/18/2021 2:11:54 PM EDT
[#33]
Discussion ForumsJump to Quoted PostQuote History
I lol'd at the "Hang in there" poster with his headband.

Link Posted: 2/18/2021 3:07:36 PM EDT
[#34]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


My guess unless there's legal intervention then GME gets shorted back to the single digits, over a period of time in which the majority of retail investors sell their positions at a steep loss.
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Quoted:
Quoted:



So, what happens now?


My guess unless there's legal intervention then GME gets shorted back to the single digits, over a period of time in which the majority of retail investors sell their positions at a steep loss.



Any retail investor riding this down is an idiot.  GME was a buy on Monday/sell on tue/wed stock...not a buy and hold.  Anyone still in it is asking for a loss.
Link Posted: 2/18/2021 3:59:56 PM EDT
[#35]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


My guess unless there's legal intervention then GME gets shorted back to the single digits, over a period of time in which the majority of retail investors sell their positions at a steep loss.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:



So, what happens now?


My guess unless there's legal intervention then GME gets shorted back to the single digits, over a period of time in which the majority of retail investors sell their positions at a steep loss.


What do you think is the biggest thing stopping reddit/retail investors/general shitposters from execute another short squeeze?
Link Posted: 2/18/2021 4:05:47 PM EDT
[#36]
Link Posted: 2/18/2021 4:19:25 PM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History


Well that was sporty.  She's ignorant, but amusing.  
Link Posted: 2/18/2021 8:19:17 PM EDT
[#38]
Gamestop Investor Keith Gill's opening statement "I'm not a cat"

Gamestop Investor Keith Gill''s opening statement goes VIRAL
Link Posted: 2/18/2021 10:50:05 PM EDT
[#39]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



Any retail investor riding this down is an idiot.  GME was a buy on Monday/sell on tue/wed stock...not a buy and hold.  Anyone still in it is asking for a loss.
View Quote


Many of the reddit folks know this and their goals are not to make money. Their goals are are to keep holding and make things as difficult as they can for the hedge funds shorting GME on the way down. They’re not stupid, they know what they are doing, and it is of their own free will. Their money, their rules. YMMV
Link Posted: 2/18/2021 11:39:12 PM EDT
[#40]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Gamestop Investor Keith Gill's opening statement "I'm not a cat"

https://www.youtube.com/watch?v=BOLN3N3otz0
View Quote


Oh, that's awesome.
Link Posted: 2/19/2021 12:29:20 AM EDT
[#41]
Hang in there
Link Posted: 2/19/2021 8:12:20 PM EDT
[#42]
Link Posted: 2/19/2021 8:59:23 PM EDT
[#43]
Discussion ForumsJump to Quoted PostQuote History


Link Posted: 2/19/2021 9:03:45 PM EDT
[#44]
Link Posted: 2/19/2021 9:31:23 PM EDT
[#45]
Link Posted: 2/24/2021 4:48:19 PM EDT
[#46]
They halted trading


Attachment Attached File
Link Posted: 2/24/2021 5:22:42 PM EDT
[#47]
Link Posted: 2/24/2021 5:25:47 PM EDT
[#48]
Discussion ForumsJump to Quoted PostQuote History


Probably not quite yet.

The hedgefunds have shorted 63 ETFs trying to drive the stock into the ground. How I understand it, if you short a stock and they go bankrupt, you don’t have to pay capital gains because you technically didn’t close your position.
Link Posted: 2/24/2021 5:27:03 PM EDT
[#49]
Discussion ForumsJump to Quoted PostQuote History


$123.48 now (after hours is +$31.77 from close).
Link Posted: 2/24/2021 5:31:38 PM EDT
[#50]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Probably not quite yet.

The hedgefunds have shorted 63 ETFs trying to drive the stock into the ground. How I understand it, if you short a stock and they go bankrupt, you don’t have to pay capital gains because you technically didn’t close your position.
View Quote


Looks like the reddit guys need to do the same thing to the 63 other funds and ride this shit to the ground.
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