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Started By
Message
re: So I bought some Gamestop(GME)
Posted on 1/27/21 at 11:26 am to KickPuncher
Posted on 1/27/21 at 11:26 am to KickPuncher
quote:
How do we know that this isn't just another market manipulation tactic they are pulling out on us?
We don’t. But tell me where this fits into anyone’s DD. We’re in uncharted waters. The squeeze was somewhat predictable when compared to the DD up until the last hour or so
2
Posted on 1/27/21 at 11:27 am to Upperdecker
Damn, that small crash was scary.
Posted on 1/27/21 at 11:28 am to Upperdecker
quote:
And of course he makes a ton of money
For the people
Posted on 1/27/21 at 11:28 am to Upperdecker
Yeah, Chamath is dealing.
Posted on 1/27/21 at 11:29 am to Huge Richard
quote:
For the people
He’d make a ton of money in an IPO too, fwiw. I don’t know how much different it is for him, but he’s very disliked on Wall St
Posted on 1/27/21 at 11:31 am to xenythx
He's basically saying everything that's been said here and elsewhere, just better than we could. Pointing out essentially how hedge funds always have the advantage and can manipulate things to their benefit, but when retail sees an opportunity and exploits it suddenly everyone is up in arms and we need to somehow "fix" things.
The host keeps falling back on "well, you're fanning the flames and someone in retail is gonna be left holding the bag". Which Chamath has an answer for every time. He's got a perfect response for everything. It's fricking impressive.
The host keeps falling back on "well, you're fanning the flames and someone in retail is gonna be left holding the bag". Which Chamath has an answer for every time. He's got a perfect response for everything. It's fricking impressive.
Posted on 1/27/21 at 11:32 am to Chucktown_Badger
i really need to find this clip. chamath is the goat and will lead california back to glory
Posted on 1/27/21 at 11:32 am to rocket31
Chamath telling CNBC to eat it
Posted on 1/27/21 at 11:32 am to rocket31
It's still going on. Host is getting frustrated. This has to be going on probably a 20 minute interview.
Oh, and he's also trying to point to the fundamentals and that these companies are not worth what they're trading for. But it's a weak position and Chamath is saying that people trade companies for a multitude of reasons.
My thought bubble: If people see an opportunity to make money on a stock, option, whatever, they can and should take it NO MATTER WHAT
Oh, and he's also trying to point to the fundamentals and that these companies are not worth what they're trading for. But it's a weak position and Chamath is saying that people trade companies for a multitude of reasons.
My thought bubble: If people see an opportunity to make money on a stock, option, whatever, they can and should take it NO MATTER WHAT
This post was edited on 1/27/21 at 11:36 am
Posted on 1/27/21 at 11:33 am to Chucktown_Badger
I actually hated chamath until the last 2 months. I'm slowly becoming a Chamath lover. Dude is just real.
Host letting out some huge sighs lol
Host letting out some huge sighs lol
This post was edited on 1/27/21 at 11:34 am
Posted on 1/27/21 at 11:33 am to rocket31
Chamath is shredding this dude. The host says its not fair.
Posted on 1/27/21 at 11:34 am to Pendulum
He just fricking flat out said that all the pompous analysts aren’t happy average Joe’s are making money.
Posted on 1/27/21 at 11:34 am to Dawgsontop34
I love it.
Posted on 1/27/21 at 11:34 am to AA7
amazing. im surpised theyve let it go on for 20 minutes
Posted on 1/27/21 at 11:34 am to rocket31
CHAMATH has a bunch of these. He’s consistently put on a public persona of being a champion of the people against Wall St, specifically against hedge funds. He blamed hedge funds for the covid collapse and made a very compelling case and said it saddled the bags onto retail
Posted on 1/27/21 at 11:35 am to GeorgeReymond
CHAMATH IS GOING SCORCHED EARTH. Surely they will cut him off soon. I’m moving to California just so I can vote for him.
Posted on 1/27/21 at 11:36 am to rocket31
Now he’s got them cornered into the making the argument that regulators should approve of an evaluation before traders can buy something. This is beautiful
Posted on 1/27/21 at 11:36 am to TigeRoots
He has too much money and he’s too popular to cut him off
Posted on 1/27/21 at 11:36 am to Upperdecker
I just tuned in. Need to catch the rest, but he's wrecking this guy.
Posted on 1/27/21 at 11:36 am to Upperdecker
Got out at $320 save 100 shares.
What a ride this has been from $18.
What a ride this has been from $18.
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