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re: So I bought some Gamestop(GME)

Posted on 1/30/21 at 10:27 am to
Posted by xenythx
Member since Dec 2007
33245 posts
Posted on 1/30/21 at 10:27 am to
WSB is now buying billboards in major cities.
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11344 posts
Posted on 1/30/21 at 10:28 am to
I'm still buying more
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
22073 posts
Posted on 1/30/21 at 12:14 pm to
Steve Cohen just deleted his twitter

Didn't he tweet "not so easy, is it?"
Posted by Lou Pai
Member since Dec 2014
29473 posts
Posted on 1/30/21 at 12:31 pm to
quote:

In the case of RH in particular, I actually believe them when they say it’s a risk management decision with respect to their capital requirements and whatnot. I don’t expect others to believe that, so those people will think it’s manipulation, and so be it. However, RH was a future IPO darling and thinking they torpedoed their own value just to help Citadel is inaccurate IMO.


I agree with you. Vlad and all the decision makers stood to have a massive payday in a year or two.
Posted by thelawnwranglers
Member since Sep 2007
42018 posts
Posted on 1/30/21 at 12:33 pm to
quote:

) by Ingeniero
Steve Cohen just deleted his twitter

Didn't he tweet "not so easy, is it?"


Lol at Mets
Posted by thelawnwranglers
Member since Sep 2007
42018 posts
Posted on 1/30/21 at 12:35 pm to
quote:


I agree with you. Vlad and all the decision makers stood to have a massive payday in a year or two.


What makes their decesion more scary

Surely they know this is and was going to be a diaster

They flushed ipo what leverage was on them
This post was edited on 1/30/21 at 12:36 pm
Posted by castorinho
13623 posts
Member since Nov 2010
86564 posts
Posted on 1/30/21 at 1:05 pm to
quote:

WSB is now buying billboards in major cities.
and donating to causes.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 1/30/21 at 1:10 pm to
quote:

They flushed ipo what leverage was on them

They ruined their business once I get out of these trades I'll be switching brokerages
Posted by molsusports
Member since Jul 2004
37125 posts
Posted on 1/30/21 at 2:56 pm to
fascinating read from four months ago

The reddit thread that started it all?
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18371 posts
Posted on 1/30/21 at 5:45 pm to
My favorite GME meme yet What, +9000
Posted by Chero987
Member since Jan 2021
215 posts
Posted on 1/30/21 at 5:52 pm to
quote:

I actually believe them when they say it’s a risk management decision with respect to their capital requirements and whatnot. I


Except they claimed it wasn’t an issue with liquidity.
Posted by DVinBR
Member since Jan 2013
15266 posts
Posted on 1/30/21 at 6:03 pm to
Posted by teke184
Zachary, LA
Member since Jan 2007
103137 posts
Posted on 1/30/21 at 6:18 pm to
Yep.

They are paying Bobby Bonilla shite ton of money each year because they used a bunch of investment money to kick the can down the road.

Their investor? Guy named Bernie Madhoff.

Now the team gets sold to this a-hole and Mets fans were excited because it meant an owner who would spend. They didn’t think it would be in propping up Melvin Capital.
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11344 posts
Posted on 1/30/21 at 8:15 pm to
i strongly feel like this is an actual societal movement so i'm diamond handing this bitch. did i put enough on the table that would make my family uncomfortable if we lose it? no, i'm not a fricking idiot. but this is for all the people, including myself who are being told they can't participate in a free market like "they" can.

it's integrity at this point. do they have it? no, we've known that all along but i'm going to always be able to tell my daughters that in every situation i've been able to participate in, i held my integrity and wasn't a little bitch. i stood for what i believed in

frick the haters and do what's right to the best of your ability
This post was edited on 1/30/21 at 8:26 pm
Posted by GAFF
Georgia
Member since Aug 2010
2708 posts
Posted on 1/30/21 at 9:14 pm to
I’m curious why a guy like DFV hasn’t sold yet. I knows he’s taken profits but 30 mil or whatever it is is a lot to gamble. What’s y’all’s opinions? Truly holding out for the moon? Up so much he figures he can let it ride and still get out with a decent sum when it crashes? Knows he can’t sell now and ruin the movement?
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40292 posts
Posted on 1/30/21 at 9:24 pm to
quote:

Knows he can’t sell now and ruin the movement?


This.

He would literally be the most hated man on the internet if he posts his update yesterday showing he dropped out at the most important part of the fight.


He's already taken 13 mill off the table. He pretty much has to go down with the ship or ride it all the way to the moon.
Posted by castorinho
13623 posts
Member since Nov 2010
86564 posts
Posted on 1/30/21 at 9:30 pm to
Dude knows what he's doing. And he's taken profits.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18371 posts
Posted on 1/30/21 at 10:11 pm to
TradeZero Co-Founder AMA. 10 Hedge Funds have fallen

quote:

Hey guys - this is Dan Pipitone, Co-Founder from TradeZero. You wouldn’t believe the shite going on behind the scenes right now. 10 hedge funds have fallen, and our clearing firm emailed to block ALL trading platforms from $GME, $AMC, and the like. That some trading firms are blocking these symbols is disgusting, unprecedented, and beyond fricked up. Our clearing firm tried to make us block you, and we refused - after 3 hours on the phone they backed down.


So much for Slackster saying this isn’t a big deal
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82054 posts
Posted on 1/30/21 at 10:19 pm to
That doesn't seem good...


10 hedge funds have fallen?? I feel like we'd hear about that by now.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40292 posts
Posted on 1/30/21 at 11:00 pm to
quote:

Hey guys - this is Dan Pipitone, Co-Founder from TradeZero. You wouldn’t believe the shite going on behind the scenes right now. 10 hedge funds have fallen, and our clearing firm emailed to block ALL trading platforms from $GME, $AMC, and the like. That some trading firms are blocking these symbols is disgusting, unprecedented, and beyond fricked up. Our clearing firm tried to make us block you, and we refused - after 3 hours on the phone they backed down.


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