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re: People are "storming the Capitol" on the financial markets right now
Posted on 1/27/21 at 10:09 am to Choctaw
Posted on 1/27/21 at 10:09 am to Choctaw
quote:They're buying put options as we speak. The GameStop price, artificially elevated, will fall harder and faster than it would have before. They will make more money than before.
i can just imagine the panic all those short sellers are feeling right now
3
Posted on 1/27/21 at 10:13 am to blueboy
quote:
They're buying put options as we speak. The GameStop price, artificially elevated, will fall harder and faster than it would have before. They will make more money than before.
Those that survive their calls, yeah. Those that don't. They gone.
Posted on 1/27/21 at 10:42 am to blueboy
quote:
They're buying put options as we speak. The GameStop price, artificially elevated, will fall harder and faster than it would have before. They will make more money than before.
Yeah the short play is just going to get better. Someone is going to sell a chunk at some point and there will be a stampede.
FTR: I have no money in this. I don't day trade and I don't short.
Posted on 1/27/21 at 10:51 am to blueboy
quote:
They're buying put options as we speak. The GameStop price, artificially elevated, will fall harder and faster than it would have before. They will make more money than before.
Right now they are having to liquidate other holdings to cover short positions which is dragging down other stocks, they may make money eventually, but definitely feeling the pain right now.
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