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re: Shapiro is not happy with you Gamestoppers!

Posted on 1/28/21 at 11:40 am to
Posted by GumboPot
Member since Mar 2009
119145 posts
Posted on 1/28/21 at 11:40 am to
quote:

He isnt catering to anyone.
He is calling balls and strikes.

What am i missing?


The part where he says the GameStop people are in it for the LOLs. Not true. They are in it to make money. They recognized that the hedge funds had short positions that were WAY over leveraged and with only a little bit of buying pressure they knew they could squeeze them.

That is not LOLs. That's recognizing a financial opportunity.
Posted by meansonny
ATL
Member since Sep 2012
25916 posts
Posted on 1/28/21 at 12:02 pm to
quote:

The part where he says the GameStop people are in it for the LOLs. Not true. They are in it to make money. They recognized that the hedge funds had short positions that were WAY over leveraged and with only a little bit of buying pressure they knew they could squeeze them.

That is not LOLs. That's recognizing a financial opportunity.



The gamestoppers only "make" money when they sell. Which leads me to believe that a decent percentage wont "make" anything.

If the people driving up the value dont realize that some of there brothers will actually be losing money during this process, then there will be an education in the stock market coming.

It isnt about making money (imo) as kt is about punishing hedge funds who try and pick and choose losers and profit from their heavy hands.
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