CitizenVectron Posted January 28, 2021 Share Posted January 28, 2021 So basically, all the internet has to do at this point is watch out for large shorts by hedge funds, and then do this again. And each time, they can guarantee major losses for the funds. Quote Link to comment Share on other sites More sharing options...
Brian Posted January 28, 2021 Share Posted January 28, 2021 Just now, CitizenVectron said: So basically, all the internet has to do at this point is watch out for large shorts by hedge funds, and then do this again. And each time, they can guarantee major losses for the funds. Except now hedge funds have a strategy to combat it and we know our gov’t ain’t gonna do shit to stop them. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted January 28, 2021 Share Posted January 28, 2021 Just now, CitizenVectron said: So basically, all the internet has to do at this point is watch out for large shorts by hedge funds, and then do this again. And each time, they can guarantee major losses for the funds. Let’s make an official thread for this, we’ll all help each other, become millionaires, and buy a small island for D1P meet ups. WHO’S IN!??!?!!? Quote Link to comment Share on other sites More sharing options...
Jason Posted January 28, 2021 Share Posted January 28, 2021 It blipped up to nearly $500 about an hour ago. Quote Link to comment Share on other sites More sharing options...
marioandsonic Posted January 28, 2021 Share Posted January 28, 2021 Just now, Spork3245 said: Let’s make an official thread for this, we’ll all help each other, become millionaires, and buy a small island for D1P meet ups. WHO’S IN!??!?!!? Only if people much more knowledgeable than me tell me where and when to invest. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted January 28, 2021 Share Posted January 28, 2021 JFC if true (tweet thread below -posted the main part above in case the tweet is deleted) 1 Quote Link to comment Share on other sites More sharing options...
osxmatt Posted January 28, 2021 Share Posted January 28, 2021 2 minutes ago, CitizenVectron said: So basically, all the internet has to do at this point is watch out for large shorts by hedge funds, and then do this again. And each time, they can guarantee major losses for the funds. I mean, yes, but no. Shorting is pretty common, and even at 50%-60% you aren't guaranteed a buyer. It's sadly a common strategy to hedge against market downturns. The fact GameStop was over 100% is insane. Like, it just doesn't happen. Quote Link to comment Share on other sites More sharing options...
Jason Posted January 28, 2021 Share Posted January 28, 2021 Just now, marioandsonic said: Only if people much more knowledgeable than me tell me where and when to invest. DOGECOIN 🚀 Quote Link to comment Share on other sites More sharing options...
Amazatron Posted January 28, 2021 Share Posted January 28, 2021 Alright I'll jump back in AMC for the lols, house money anyways. 1 Quote Link to comment Share on other sites More sharing options...
Joe Posted January 28, 2021 Share Posted January 28, 2021 2 minutes ago, Jason said: It biped up to nearly $500 about an hour ago. AMC randomly too wtf Quote Link to comment Share on other sites More sharing options...
Jason Posted January 28, 2021 Share Posted January 28, 2021 Just now, Spork3245 said: JFC if true The White House?! Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted January 28, 2021 Share Posted January 28, 2021 Just now, Jason said: The White House?! Yea, grain of salt, but jfc, thought it was worth sharing. Quote Link to comment Share on other sites More sharing options...
Brian Posted January 28, 2021 Share Posted January 28, 2021 SNDL is having a nice recovery Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted January 28, 2021 Share Posted January 28, 2021 3 minutes ago, marioandsonic said: Only if people much more knowledgeable than me tell me where and when to invest. That’s the plan Quote Link to comment Share on other sites More sharing options...
Joe Posted January 28, 2021 Share Posted January 28, 2021 Just now, ManUtdRedDevils said: SNDL is having a nice recovery Sunny D?! 1 Quote Link to comment Share on other sites More sharing options...
Jwheel86 Posted January 28, 2021 Share Posted January 28, 2021 Elon readying for launch. Quote Link to comment Share on other sites More sharing options...
Brian Posted January 28, 2021 Share Posted January 28, 2021 2 minutes ago, Joe said: Sunny D?! Yes. The weed variety. Quote Link to comment Share on other sites More sharing options...
osxmatt Posted January 28, 2021 Share Posted January 28, 2021 1 Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted January 28, 2021 Share Posted January 28, 2021 I DEMAND the r/WSB posters be invited to the hearing! Senator: "Can you please state your name for the record?" Redditor: "XxNoScope420BlazeItxX" 7 Quote Link to comment Share on other sites More sharing options...
osxmatt Posted January 28, 2021 Share Posted January 28, 2021 2 Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted January 28, 2021 Share Posted January 28, 2021 1 minute ago, Commissar SFLUFAN said: I DEMAND the r/WSB posters be invited to the hearing! Senator: "Can you please state your name for the record?" Redditor: "RhinoChub4UrMom69" FTFY Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted January 28, 2021 Share Posted January 28, 2021 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted January 28, 2021 Share Posted January 28, 2021 Quote Link to comment Share on other sites More sharing options...
cusideabelincoln Posted January 28, 2021 Share Posted January 28, 2021 2 hours ago, osxmatt said: This is the perfect thread on what is happening the past few weeks, for anyone not familiar with the details. As a person who never delved into how the stock market functions, this was a good explanation of a piece of it. Would I be correct in saying that these hedge funds who kept shorting over and over again is like a pyramid scam? Quote Link to comment Share on other sites More sharing options...
osxmatt Posted January 28, 2021 Share Posted January 28, 2021 5 minutes ago, cusideabelincoln said: As a person who never delved into how the stock market functions, this was a good explanation of a piece of it. Would I be correct in saying that these hedge funds who kept shorting over and over again is like a pyramid scam? I'm not sure what term I would use, but disgusting comes pretty close. But sadly shorting happens all the time. The real disgusting part is trading platforms blocking the purchase of stock, only allowing the sale. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted January 28, 2021 Share Posted January 28, 2021 @Joe Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted January 28, 2021 Share Posted January 28, 2021 Why does transferring money take days. I'm missing all the fun Quote Link to comment Share on other sites More sharing options...
osxmatt Posted January 28, 2021 Share Posted January 28, 2021 GameStop trade volume was 177m and 178m on Monday and Tuesday. Today it's gonna close below 53m. Quote Link to comment Share on other sites More sharing options...
Joe Posted January 28, 2021 Share Posted January 28, 2021 7 minutes ago, Spork3245 said: @Joe HOLD THE LINE! Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted January 28, 2021 Share Posted January 28, 2021 3 minutes ago, Joe said: HOLD THE LINE! 1 Quote Link to comment Share on other sites More sharing options...
CayceG Posted January 28, 2021 Share Posted January 28, 2021 10 minutes ago, SuperSpreader said: Why does transferring money take days. I'm missing all the fun Ugh SAME. Due to all the Robinhood fuckery though, I think I'm just not going to do anything on their platform. Quote Link to comment Share on other sites More sharing options...
osxmatt Posted January 28, 2021 Share Posted January 28, 2021 14 minutes ago, SuperSpreader said: Why does transferring money take days. I'm missing all the fun Honestly the best part of Robinhood is the instant deposits. I'm not sure of another platform that let's you do that. Quote Link to comment Share on other sites More sharing options...
Brian Posted January 28, 2021 Share Posted January 28, 2021 Quote Link to comment Share on other sites More sharing options...
Brian Posted January 28, 2021 Share Posted January 28, 2021 1 minute ago, osxmatt said: Honestly the best part of Robinhood is the instant deposits. I'm not sure of another platform that let's you do that. I have a bank account with BofA so I use Merrill Lynch (owned by BofA) because of instant transfera Quote Link to comment Share on other sites More sharing options...
Guest Posted January 28, 2021 Share Posted January 28, 2021 A little sell off to end the day, then right back up after hours. Very interested to see the opening bell tomorrow. Quote Link to comment Share on other sites More sharing options...
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