Pevenseagull
Anti-greed coalition
- Jul 20, 2003
- 19,819
Am I missing something. Ultimately gamestop is now an absurd, blatant bubble why not short it now?
[Finance] Gamestop: anyone been following this tale?
- Thread starter Doonhamer7
- Start date
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Papa Lazarou
Living in a De Zerbi wonderland
That last bit is key. all that's happening is the public are beating them at their own game. Bravo.
If you want more understanding on shorting, here's Margot Robbie to explain
https://www.youtube.com/watch?v=epb98OcFLZE
https://www.youtube.com/watch?v=epb98OcFLZE
Washie
Well-known member
Wasn't listening to a word that was said.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 35,415
patience padawan, wait for the fomo to end. right now reaction to the short interest is driving up the price in a weird paradox.
The_Viper
Well-known member
This is exactly what has been happening for the last day or two, which is driving up the price even more, and having the WSB people double down even more. It's essentially a game of chicken where the chaps on Reddit stand to lose a lot less than BILLIONS of dollars that the Hedges do.
Papa Lazarou
Living in a De Zerbi wonderland
[tweet]1354536220110577664[/tweet]
this
this
Wardy's twin
Well-known member
- Oct 21, 2014
- 8,509
I am glad someone explained this....
I am more intrigued as to what triggered the Reddit people to do this or is this part of a silent revolution
I am more intrigued as to what triggered the Reddit people to do this or is this part of a silent revolution
Razzoo
Well-known member
Is it going to make the investors on Reddit $$$ or is it more about making these parasitic investors lose $$$. Or a bit of both? Either way this is going to have major implications going forward.
Bit of both. Worth checking out WSB on reddit.
Allegedly someone on there put $50k in (all of his savings) and now sitting on $15M allegedly...
Razzoo
Well-known member
Wow!
blue-shifted
Banned
They want to get out pretty quick
blue-shifted
Banned
She's just a thoroughly beautiful woman
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 35,415
sadly retail trade platforms are restricting trade on Gamestop and AMC, so reducing the buying.
see how that plays out, they move on to the next and that gets restricted? then they chose a specific target to have it restricted...?
see how that plays out, they move on to the next and that gets restricted? then they chose a specific target to have it restricted...?
GOM
living vicariously
Short selling my take. Selling something you don't own.
Not sure who in the hell lends them stock in the knowledge that they are going to try to devalue it. Oh yes certainly borrow my car I don't mind if you replace it with one of lesser value next week. My A*se
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 35,415
AMC dropping like a stone, others follow. wait a minute...