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Link Posted: 1/27/2021 3:36:05 PM EDT
[#1]
What's to prevent crowd-sourced individuals from colluding together to weaponize this against capital firms who took other risky bets against small-cap companies?
Link Posted: 1/27/2021 3:37:54 PM EDT
[#2]
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Quoted:
What's to prevent crowd-sourced individuals from colluding together to weaponize this against capital firms who took other risky bets against small-cap companies?
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The free market will fix it
Link Posted: 1/27/2021 3:37:56 PM EDT
[#3]
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Quoted:


I went the other direction and bought puts on GME, BB, BBBY, EXPR, NOK, and AMC. All are currently up between 20-100% with between 50-141 days to exp. Let's hope this fun pays on both ends.
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Quoted:



I saw some comments saying to hold on selling GME.

Switch to BB when the wave crests.

I bought the Feb. 26 $40 calls with play money.

Fingers crossed...


I went the other direction and bought puts on GME, BB, BBBY, EXPR, NOK, and AMC. All are currently up between 20-100% with between 50-141 days to exp. Let's hope this fun pays on both ends.
I Need to better understand puts, but this seems like a no brainer.   GME will crash at some point
Link Posted: 1/27/2021 3:38:07 PM EDT
[#4]
Shorting 100% of the stock?  Specialists doing this from their book, the firm's book, or traders?  You basically paralyze the market for that issue if that happens, instant squeeze every time someone want to sell.  I have never heard of near 100% shorted, ever.

ETA: Specialists can short on any move, traders need to short on an uptick.
Link Posted: 1/27/2021 3:38:12 PM EDT
[#5]
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I wish I knew what all this meant.
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Me too.

Link Posted: 1/27/2021 3:41:53 PM EDT
[#6]
Anyone having issues transferring money IN to their RH account? I get an error.
Link Posted: 1/27/2021 3:42:09 PM EDT
[#7]
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Quoted:
I Need to better understand puts, but this seems like a no brainer.   GME will crash at some point
View Quote
My Father said that the $200 puts on GME are $10,600 for one put. I am new to puts/calls but that is a huge risk. 100 shares per put, etc. The Reddit army may keep things up to spite people buying puts but I don't see how their pockets are so deep.
Link Posted: 1/27/2021 3:44:31 PM EDT
[#8]
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Quoted:
@midcap

Should I buy amc, expr ? Or what right now lol
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haha...hell if I know...the tendiemen are calling the shots right now.

The Tendieman - r/wallstreetbets Wellerman Sea Shanty Cover
Link Posted: 1/27/2021 3:46:03 PM EDT
[#9]
Looks like the Commies are up in arms about RACIST screwing the Hedge fund assholes.

WTF
Link Posted: 1/27/2021 3:46:03 PM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
My Father said that the $200 puts on GME are $10,600 for one put. I am new to puts/calls but that is a huge risk. 100 shares per put, etc. The Reddit army may keep things up to spite people buying puts but I don't see how their pockets are so deep.
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Quoted:
Quoted:
I Need to better understand puts, but this seems like a no brainer.   GME will crash at some point
My Father said that the $200 puts on GME are $10,600 for one put. I am new to puts/calls but that is a huge risk. 100 shares per put, etc. The Reddit army may keep things up to spite people buying puts but I don't see how their pockets are so deep.


Puts as a useful instrument break down in these conditions. IDK if it's vol or demand or both but they get priced way up in the mania, and later as things calm down they loose value, even if you catch the underlying price movement.
Link Posted: 1/27/2021 3:46:10 PM EDT
[#11]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
My Father said that the $200 puts on GME are $10,600 for one put. I am new to puts/calls but that is a huge risk. 100 shares per put, etc. The Reddit army may keep things up to spite people buying puts but I don't see how their pockets are so deep.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
I Need to better understand puts, but this seems like a no brainer.   GME will crash at some point
My Father said that the $200 puts on GME are $10,600 for one put. I am new to puts/calls but that is a huge risk. 100 shares per put, etc. The Reddit army may keep things up to spite people buying puts but I don't see how their pockets are so deep.
Greed gets the best of everyone eventually.  Those massive gains everyone has needs to be realized, then the house comes crashing down.  

Question is, how long will it hold?  
Link Posted: 1/27/2021 3:46:19 PM EDT
[#12]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
My Father said that the $200 puts on GME are $10,600 for one put. I am new to puts/calls but that is a huge risk. 100 shares per put, etc. The Reddit army may keep things up to spite people buying puts but I don't see how their pockets are so deep.
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Rage is how their pockets are so deep. Right now robinhood is being swamped by people trying to get in on this signing up to the app. Its like that scene in lord of the rings when the Rohirrim arrive to buy more stonks.
Link Posted: 1/27/2021 3:46:43 PM EDT
[#13]
I got in on Tootsie Roll hoping it will hit
Link Posted: 1/27/2021 3:46:51 PM EDT
[#14]
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Quoted:
What's to prevent crowd-sourced individuals from colluding together to weaponize this against capital firms who took other risky bets against small-cap companies?
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It will be really hard to stop, especially after this high profile incident.

I would expect that major funds will adjust their behavior and be less aggressive with shorts
Link Posted: 1/27/2021 3:47:27 PM EDT
[#15]
I'm not a part of this but it is fascinating to watch. Behold, the power of the people that use the internet.
Link Posted: 1/27/2021 3:47:59 PM EDT
[#16]
OK tell me how I can lose by buying a couple thousand at $350 or whatever right now when there are more shorts than shares.

Crayon or MS Paint preferred. I'm usually a buy and hold guy, but I have $4k in cash right now in my Roth where I can get some easy tax free gains.
Link Posted: 1/27/2021 3:48:55 PM EDT
[#17]
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Quoted:
Wallstreet bets is just along for the ride.  They are cover/pawns for hedge funds who are investing real money to take out other hedge funds.  It’s market manipulation and I’m surprised the regulator has not stepped in (against the funds, not Wallstreet bets).
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[Lolbertarian]
Look if the Big vulture-bank firms salivating over a dying business and making some totally-earned-real-100%-good-for-the-economy money, don't like it?
They can Simply Start Their Own GameStopTM and gamble on that right?
Duh.
[/Lolbertarian]
Link Posted: 1/27/2021 3:49:45 PM EDT
[#18]
in on 9 shares at 330 to the moon
Link Posted: 1/27/2021 3:50:45 PM EDT
[#19]
Link Posted: 1/27/2021 3:51:07 PM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
My Father said that the $200 puts on GME are $10,600 for one put. I am new to puts/calls but that is a huge risk. 100 shares per put, etc. The Reddit army may keep things up to spite people buying puts but I don't see how their pockets are so deep.
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Quoted:
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I Need to better understand puts, but this seems like a no brainer.   GME will crash at some point
My Father said that the $200 puts on GME are $10,600 for one put. I am new to puts/calls but that is a huge risk. 100 shares per put, etc. The Reddit army may keep things up to spite people buying puts but I don't see how their pockets are so deep.


The option is a little more complicated than the price, It's what you do with the option.

Options all have things that are attributed to it's movement called the greeks. its date that gives you an idea of how the option will trade if the underlying stock price moves.

Link Posted: 1/27/2021 3:51:37 PM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


[Lolbertarian]
Look if the Big vulture-bank firms salivating over a dying business and making some totally-earned-real-100%-good-for-the-economy money, don't like it?
They can Simply Start Their Own GameStopTM and gamble on that right?
Duh.
[/Lolbertarian]
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Quoted:
Quoted:
Wallstreet bets is just along for the ride.  They are cover/pawns for hedge funds who are investing real money to take out other hedge funds.  It’s market manipulation and I’m surprised the regulator has not stepped in (against the funds, not Wallstreet bets).


[Lolbertarian]
Look if the Big vulture-bank firms salivating over a dying business and making some totally-earned-real-100%-good-for-the-economy money, don't like it?
They can Simply Start Their Own GameStopTM and gamble on that right?
Duh.
[/Lolbertarian]


Stocks are traded on the secondary market.  It’s just investors taking money from other investors.  The company does not get the money, unless they are issuing new shares, which they aren’t.

It’s like you betting against your friend on a football game.  Your bet does not affect the team or who wins the game.
Link Posted: 1/27/2021 3:53:43 PM EDT
[#22]
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Quoted:


Stocks are traded on the secondary market.  It’s just investors taking money from other investors.  The company does not get the money, unless they are issuing new shares, which they aren’t.

It’s like you betting against your friend on a football game.  Your bet does not affect the team or who wins the game.
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They absolutely should issue new shares.
Link Posted: 1/27/2021 3:54:14 PM EDT
[#23]
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Quoted:
OK tell me how I can lose by buying a couple thousand at $350 or whatever right now when there are more shorts than shares.

Crayon or MS Paint preferred. I'm usually a buy and hold guy, but I have $4k in cash right now in my Roth where I can get some easy tax free gains.
View Quote


Everyone stops holding, massive sell off, and the price tanks leaving you holding the bag.
Link Posted: 1/27/2021 3:56:15 PM EDT
[#24]
The FOMO is going to fuck over a lot of people.

For example:
Discussion ForumsJump to Quoted PostQuote History
Quoted:
in on 9 shares at 330 to the moon
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Link Posted: 1/27/2021 3:58:20 PM EDT
[#25]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Stocks are traded on the secondary market.  It’s just investors taking money from other investors.  The company does not get the money, unless they are issuing new shares, which they aren’t.

It’s like you betting against your friend on a football game.  Your bet does not affect the team or who wins the game.
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Quoted:
Quoted:
Quoted:
Wallstreet bets is just along for the ride.  They are cover/pawns for hedge funds who are investing real money to take out other hedge funds.  It’s market manipulation and I’m surprised the regulator has not stepped in (against the funds, not Wallstreet bets).


[Lolbertarian]
Look if the Big vulture-bank firms salivating over a dying business and making some totally-earned-real-100%-good-for-the-economy money, don't like it?
They can Simply Start Their Own GameStopTM and gamble on that right?
Duh.
[/Lolbertarian]


Stocks are traded on the secondary market.  It’s just investors taking money from other investors.  The company does not get the money, unless they are issuing new shares, which they aren’t.

It’s like you betting against your friend on a football game.  Your bet does not affect the team or who wins the game.


Except it does effect the team. Because sponsors(banks) are less likely to sign sponsorship deals(loans) with a team that has a bunch of money placed on them losing( low stock price created by short selling the fuck out it.)

You left out the entire group psychology part of the stock market.
Link Posted: 1/27/2021 3:58:22 PM EDT
[#26]
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Quoted:
What's to prevent crowd-sourced individuals from colluding together to weaponize this against capital firms who took other risky bets against small-cap companies?
View Quote


They can't make a stock go down unless they own shares.
I see the only risk against people who short.
Link Posted: 1/27/2021 3:58:46 PM EDT
[#27]
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Quoted:
OK tell me how I can lose by buying a couple thousand at $350 or whatever right now when there are more shorts than shares.

Crayon or MS Paint preferred. I'm usually a buy and hold guy, but I have $4k in cash right now in my Roth where I can get some easy tax free gains.
View Quote


for example, let' say there are only 1000 shares of GME that exist in the world.

John owns 200
sally owns 200
steve owns 200
gary owns 200
yves owns 200

There are two hedge funds.

The Gaylord Fund
The MAGA Fund

The Gaylord Fund shorts 1000 shares of GME, they get the shares from Now John, Sally, Steve, Gary and Yves broker dealer which is Fidelity.

The MAGA Fund buys 1000 GME shares from Gaylord.

Now Technically there are 2000 shares of GME floating around.

Now John, Sally, Steve, Gary and Yves still show 1000 shares in their account and MAGA shows 1000 shares in their account.

All the while Now John, Sally, Steve, Gary and Yves things GME is going to the moon, so they buy 200 of next months Option contracts on GME at a pre determined $ amount and it equates to 1000 shares.

See how it becomes tricky for Gaylord to buy back 1000 shares to return to Fidelity on behalf of Now John, Sally, Steve, Gary and Yves
Link Posted: 1/27/2021 3:59:00 PM EDT
[#28]
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Quoted:


Everyone stops holding, massive sell off, and the price tanks leaving you holding the bag.
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Quoted:
OK tell me how I can lose by buying a couple thousand at $350 or whatever right now when there are more shorts than shares.

Crayon or MS Paint preferred. I'm usually a buy and hold guy, but I have $4k in cash right now in my Roth where I can get some easy tax free gains.


Everyone stops holding, massive sell off, and the price tanks leaving you holding the bag.

What is the incentive to sell off when everyone knows that the funds HAVE to buy them at whatever price to cover their shorts?
Link Posted: 1/27/2021 3:59:42 PM EDT
[#29]
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Quoted:


Everyone stops holding, massive sell off, and the price tanks leaving you holding the bag.
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Probably happening soon, too.

GME money is moving to AMC.
Link Posted: 1/27/2021 4:00:14 PM EDT
[#30]
Deleted
Link Posted: 1/27/2021 4:01:41 PM EDT
[#31]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Greed gets the best of everyone eventually.  Those massive gains everyone has needs to be realized, then the house comes crashing down.  

Question is, how long will it hold?  
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Wait until someone made a million on gme.  Owes 450k in taxes. Spends a bunch Loses a bunch if not all on another bet
And can't pay their taxes.
Link Posted: 1/27/2021 4:02:06 PM EDT
[#32]
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Quoted:

What is the incentive to sell off when everyone knows that the funds HAVE to buy them at whatever price to cover their shorts?
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Quoted:
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OK tell me how I can lose by buying a couple thousand at $350 or whatever right now when there are more shorts than shares.

Crayon or MS Paint preferred. I'm usually a buy and hold guy, but I have $4k in cash right now in my Roth where I can get some easy tax free gains.


Everyone stops holding, massive sell off, and the price tanks leaving you holding the bag.

What is the incentive to sell off when everyone knows that the funds HAVE to buy them at whatever price to cover their shorts?


Massive profit.

If you buy a stock at 20, watch it cruise to 300, how hard does it get not to push the button?

It's like the boats in that batman movie, someone is going to explode first, human nature is to not be the one that dies.
Link Posted: 1/27/2021 4:02:15 PM EDT
[#33]
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Quoted:


for example, let' say there are only 1000 shares of GME that exist in the world.

John owns 200
sally owns 200
steve owns 200
gary owns 200
yves owns 200

There are two hedge funds.

The Gaylord Fund
The MAGA Fund

The Gaylord Fund shorts 1000 shares of GME, they get the shares from Now John, Sally, Steve, Gary and Yves broker dealer which is Fidelity.

The MAGA Fund buys 1000 GME shares from Gaylord.

Now Technically there are 2000 shares of GME floating around.

Now John, Sally, Steve, Gary and Yves still show 1000 shares in their account and MAGA shows 1000 shares in their account.

All the while Now John, Sally, Steve, Gary and Yves things GME is going to the moon, so they buy 200 of next months Option contracts on GME at a pre determined $ amount and it equates to 1000 shares.

See how it becomes tricky for Gaylord to buy back 1000 shares to return to Fidelity on behalf of Now John, Sally, Steve, Gary and Yves
View Quote


Can J/S/S/G/Y not sell their stock at any time they choose after that? Are you saying that Fidelity may not allow them to sell the shares that they bought because others are shorting their shares on loan?

What if J/S/S/G/Y avoid going into any options trading and just hold the stock?
Link Posted: 1/27/2021 4:03:28 PM EDT
[#34]
Sears is up 70%.
Link Posted: 1/27/2021 4:05:05 PM EDT
[#35]
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I'm hoping for bigger.  I'm up 500% on it.
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I'm in on amc today , there's a new rifle I want.  Hopefully up another 100% tomorrow.
If not cheaper than vegas

I'm hoping for bigger.  I'm up 500% on it.

So i got in on the AMC shit show at 15, is it looking like this will drop off or is there still a ride coming (if you had to guess)
Link Posted: 1/27/2021 4:05:30 PM EDT
[#36]
I've been buying stocks WSB has been pumping and I'm up almost 100% in my brokerage account over the last several months.
Link Posted: 1/27/2021 4:06:45 PM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Can J/S/S/G/Y not sell their stock at any time they choose after that? Are you saying that Fidelity may not allow them to sell the shares that they bought because others are shorting their shares on loan?

What if J/S/S/G/Y avoid going into any options trading and just hold the stock?
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Quoted:
Quoted:


for example, let' say there are only 1000 shares of GME that exist in the world.

John owns 200
sally owns 200
steve owns 200
gary owns 200
yves owns 200

There are two hedge funds.

The Gaylord Fund
The MAGA Fund

The Gaylord Fund shorts 1000 shares of GME, they get the shares from Now John, Sally, Steve, Gary and Yves broker dealer which is Fidelity.

The MAGA Fund buys 1000 GME shares from Gaylord.

Now Technically there are 2000 shares of GME floating around.

Now John, Sally, Steve, Gary and Yves still show 1000 shares in their account and MAGA shows 1000 shares in their account.

All the while Now John, Sally, Steve, Gary and Yves things GME is going to the moon, so they buy 200 of next months Option contracts on GME at a pre determined $ amount and it equates to 1000 shares.

See how it becomes tricky for Gaylord to buy back 1000 shares to return to Fidelity on behalf of Now John, Sally, Steve, Gary and Yves


Can J/S/S/G/Y not sell their stock at any time they choose after that? Are you saying that Fidelity may not allow them to sell the shares that they bought because others are shorting their shares on loan?

What if J/S/S/G/Y avoid going into any options trading and just hold the stock?



Here's the rub, Now John, Sally, Steve, Gary and Yves can sell their stocks at anytime, but The Tendiemen at WSB are not selling, they are holding, to keep the price of GME up.

But you do bring up a good point I spoke about a while back, Fidelity lends out all of their clients holdings in their funds and individual securites, that's how they are able to offer funds and ETfs so cheaply. Now, what if the counter party that borrowed the funds can't return the funds? Bankruptcy, stolen, etc.

How do the clients of Fidelity become whole? Sure there is SIPC, but how long is that gonna take and it's capped.

If they don't trade options, that scenario still shows 200% of the stock outstanding, which is 65% more than GME is now.
Link Posted: 1/27/2021 4:06:49 PM EDT
[#38]
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Looks like the Commies are up in arms about RACIST screwing the Hedge fund assholes.

WTF
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it means good guys are winning.  

Attachment Attached File

Link Posted: 1/27/2021 4:07:10 PM EDT
[#39]
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Maybe this is a dumb question.....but why did it take so long for people to start doing this?  If you know what you are doing, it sounds like a quick way to make big money.
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Because a lot of things have to go right.

To squeeze the shorts, enough people have to snap up the outstanding shares to "corner the market"...essentially forcing the shorts to bid up the price in an attempt to get shares to close their positions. As the price goes up, more and more are willing to sell, which lets the shorts close out and eliminates your corner. Once the shorts are clear, everyone left holding shares will get fair market valuation. That's likely a few bucks per share. If you got into Gamestop today, when the share price is hundreds, you lose a fortune when it goes to $2.

The open shorts on Gamestop were more than the available shares, so cashing out didn't uncorner the market. The problem is that the funds getting killed right now have the resources to find solutions, and play all sorts of other games.

Like most gambling, a few will win big, and everyone else will lose, and if you play long enough, the house always wins.
Link Posted: 1/27/2021 4:07:23 PM EDT
[#40]
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Quoted:

So i got in on the AMC shit show at 15, is it looking like this will drop off or is there still a ride coming (if you had to guess)
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I'm in on amc today , there's a new rifle I want.  Hopefully up another 100% tomorrow.
If not cheaper than vegas

I'm hoping for bigger.  I'm up 500% on it.

So i got in on the AMC shit show at 15, is it looking like this will drop off or is there still a ride coming (if you had to guess)


We'll find out after the close.

Shit flew last night, if it happens again it might indicate a trend over the the rest of the week.
Link Posted: 1/27/2021 4:08:05 PM EDT
[#41]
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Quoted:

So i got in on the AMC shit show at 15, is it looking like this will drop off or is there still a ride coming (if you had to guess)
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Quoted:
Quoted:
I'm in on amc today , there's a new rifle I want.  Hopefully up another 100% tomorrow.
If not cheaper than vegas

I'm hoping for bigger.  I'm up 500% on it.

So i got in on the AMC shit show at 15, is it looking like this will drop off or is there still a ride coming (if you had to guess)


after hours is where the autists really let loose.  No controls in place to keep the price artificially tamped down
Link Posted: 1/27/2021 4:08:09 PM EDT
[#42]
Thanks to all who explained puts to me. I am mechanically inclined, definitely not brained for finance.
Link Posted: 1/27/2021 4:09:02 PM EDT
[#43]
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I've been buying stocks WSB has been pumping and I'm up almost 100% in my brokerage account over the last several months.
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got a link?
Link Posted: 1/27/2021 4:10:15 PM EDT
[#44]
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I’ll try to put it simpler.

You have 1 kilo of gold. You lend it to me, with the agreement that I will give 1 kilo of gold back to you in 30 days. I pay you a fee to borrow it. I think the price of gold is going to fall over the next 30 days, so I sell your kilo of gold immediately, with expectation that I will buy a kilo of gold in the next 30 days for a price lower than what I sold your kilo for. The difference between what I sell it for and What I buy the replacement kilo for is my profit.

Let’s say I sold it for 2k, and the price falls to 1,500 over the next 30 days. I buy a kilo on the 30th day for 1500 and give it to you. I have made $500. You have lost $500.

Now, let’s say my bet is wrong and the price of gold goes to 2,500. I buy a kilo at 2,500 and give it back to you. I lost $500. You made a premium, plus you still own the underlying gold, which is now worth 2,500.

Now let’s say that a shitload of people bet that the gold was going to fall. The price rises exponentially instead. The people who have to deliver the gold are forced to buy to cut off the increasing loss caused by the rising price. So, demand artificially increases, causing a further exponential price increase.
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in a nut shell

A hedge fund (basically just some guys who can invest money into anything) borrowed shares of game stop from another investment company and then sold those shares to who ever wanted to buy them on the stock market. They did this, hoping the price of game stop would fall. Basically if they sold the shares at $20 a share, then the price fell to $10, they would have made $10 in profits.

Well, r/wallstreetbets saw this and decided just to start buying all the game stop stocks and options they could to drive the price up, law of supply and demand, in turn causing the hedgefund to lose money on the trade.


I’ll try to put it simpler.

You have 1 kilo of gold. You lend it to me, with the agreement that I will give 1 kilo of gold back to you in 30 days. I pay you a fee to borrow it. I think the price of gold is going to fall over the next 30 days, so I sell your kilo of gold immediately, with expectation that I will buy a kilo of gold in the next 30 days for a price lower than what I sold your kilo for. The difference between what I sell it for and What I buy the replacement kilo for is my profit.

Let’s say I sold it for 2k, and the price falls to 1,500 over the next 30 days. I buy a kilo on the 30th day for 1500 and give it to you. I have made $500. You have lost $500.

Now, let’s say my bet is wrong and the price of gold goes to 2,500. I buy a kilo at 2,500 and give it back to you. I lost $500. You made a premium, plus you still own the underlying gold, which is now worth 2,500.

Now let’s say that a shitload of people bet that the gold was going to fall. The price rises exponentially instead. The people who have to deliver the gold are forced to buy to cut off the increasing loss caused by the rising price. So, demand artificially increases, causing a further exponential price increase.


Wouldn’t there be substantial counterparty risk in these massive shorts?
Link Posted: 1/27/2021 4:12:55 PM EDT
[#45]
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Quoted:



Wait until someone made a million on gme.  Owes 450k in taxes. Spends a bunch Loses a bunch if not all on another bet
And can't pay their taxes.
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Bingo.


If I somehow hit anything north of 5k of profit on a sale.   That shit needs to go off to savings to wait til the end of the year so I can pay income tax.

Trying not to touch 100k+ in profits til after taxes would be difficult for many not accustomed to it.

I wish I had listened back in Sept on this gamestop ahit and bought big.

Could have cashed out 200k on a sale and then have to sit on it.  Once taxes were done pay off the damn house.

If I had 5k shares I likely would have sold half at a double or before.   Had 2500 to let ride and probably would have sold 1250 for another double.   Then whatever left would be the LOL ride if I was lucky.   But I could not believe it when it went past 60, I would have been out.


Almost glad I am small time on any stock shit and just use my job and overtime for extra cash.
Link Posted: 1/27/2021 4:15:07 PM EDT
[#47]
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Quoted:
I sold all my other shares of everything and put into GME. I want to see where these retards take this...
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Can you see my message tag to you in the EE ad? (example: @KCode98 )

I tagged you a week ago and no response in the ad yet. I said I hadn't seen a messages response and was hoping you'd see the tag in the thread and respond there.
Link Posted: 1/27/2021 4:15:45 PM EDT
[#48]
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Quoted:

What is the incentive to sell off when everyone knows that the funds HAVE to buy them at whatever price to cover their shorts?
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Incentive is to HOLD and burn it to the ground
Link Posted: 1/27/2021 4:20:02 PM EDT
[#49]
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Quoted:

Incentive is to HOLD and burn it to the ground
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View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:

What is the incentive to sell off when everyone knows that the funds HAVE to buy them at whatever price to cover their shorts?

Incentive is to HOLD and burn it to the ground


Exactly.

So, as someone with $4k of unallocated cash in my Roth (where I can grow it tax free), why should I not consider buying some shares?
Link Posted: 1/27/2021 4:20:18 PM EDT
[#50]
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Quoted:


We'll find out after the close.

Shit flew last night, if it happens again it might indicate a trend over the the rest of the week.
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Well im only playing with $1000 bucks that i gained over the summer, so it wont be too horrible if it doesn’t work out. Fingers crossed
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