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Posted on 1/28/21 at 6:42 am to JOHNNY HUNGEE
quote:
But how are they cyber bullying anyone they are just doing what hedge fund managers do just doing it better
They're not. They're putting money at risk smarter than those who shorted the stock. It's just the way it is.
Posted on 1/28/21 at 6:44 am to GardenDistrictTiger
Any way you look at it they re beating the hedge fund managers at the game. The managers are basically gamblers and in this case they rolled snake eyes.
They buy the stock betting that investors will do something. They didn't. They lose.
Maybe a better analogy is poker. They played their hand a certain way betting the other players would play their hand a certain way. They didn't.
They buy the stock betting that investors will do something. They didn't. They lose.
Maybe a better analogy is poker. They played their hand a certain way betting the other players would play their hand a certain way. They didn't.
This post was edited on 1/28/21 at 6:49 am
Posted on 1/28/21 at 6:47 am to antibarner
they have most certainly made money. imagine a dirty peasant who really only makes 30k a year, making 108k in a single day.
then imagine him being a total arse as apart of this new "hedge fund" and the next time around making a few million with that same $450 investment from before. this new money will reek of natty light, and pall mall. the elites are losing their minds knowing these simpleton will soon be ar their cocktails.
then imagine him being a total arse as apart of this new "hedge fund" and the next time around making a few million with that same $450 investment from before. this new money will reek of natty light, and pall mall. the elites are losing their minds knowing these simpleton will soon be ar their cocktails.
Posted on 1/28/21 at 6:47 am to Warfox
WSB put up a meme this morning of themselves as Bronn from Game Of Thrones saying “Wall Street sends their regards.”
I think that WSB is gonna eat the tendies of every fricking fund involved in this.
I think that WSB is gonna eat the tendies of every fricking fund involved in this.
Posted on 1/28/21 at 6:49 am to antibarner
They apparently need to put it before Judge Whitey from Futurama, who considers stealing money the worst possible offense.
Posted on 1/28/21 at 6:52 am to DesScorp
I’m thinking this is why you won’t see the $1400 checks anytime soon. The man gots Dick it to the little guy somehow.
Posted on 1/28/21 at 6:54 am to Meauxjeaux
They get insider info all the time but still frick up.
Remember when Chelsea Clinton’s husband used insider info to bet on a Greece bailout and lost his arse?
Remember when Chelsea Clinton’s husband used insider info to bet on a Greece bailout and lost his arse?
Posted on 1/28/21 at 6:55 am to teke184
1- you can bet most of the “peasants” are hedge fund guys buying with their own money on their own account. It’s not us vs them but them vs them.
2- is there a way to use this tactic against China ? Would level the playing field rather abruptly
2- is there a way to use this tactic against China ? Would level the playing field rather abruptly
Posted on 1/28/21 at 6:55 am to StringedInstruments
quote:
Are the Reddit Hedge Fund autists going to actually make money from this?
They might be able to force the hedge funds who shorted game stock out of business - maybe.
But it's a problem. With the stock up so much, past it's normal value even when it was operating, more short interest will pile in.
In the end, somebody shorting this will win, most likely, it seems.
That's my guess.
Posted on 1/28/21 at 7:02 am to DesScorp
This is great and all but only works if nobody gets out of their position. Are they all going to keep buying and never get out? Lol
Posted on 1/28/21 at 7:03 am to Lou the Jew from LSU
Do I care if the average hedge fund got in on this if these particular hedge funds got fricked?
The big boys on the “short” side are well known for doing this bullshite and got caught this time in part because one of their former targets, Elon Musk, publicized WSB.
At a minimum, a lot of small investors have taken a shite ton of hedge fund money by beating them at their own game. If you go into the money board, some posters there bought in on this back in December for chump change and are now sitting on huge money.
The big boys on the “short” side are well known for doing this bullshite and got caught this time in part because one of their former targets, Elon Musk, publicized WSB.
At a minimum, a lot of small investors have taken a shite ton of hedge fund money by beating them at their own game. If you go into the money board, some posters there bought in on this back in December for chump change and are now sitting on huge money.
Posted on 1/28/21 at 7:04 am to roguetiger15
The shorts by the hedge funds execute on Friday.
If the line holds, everyone sells on Friday for the value of the stock at that time.
If the line holds, everyone sells on Friday for the value of the stock at that time.
Posted on 1/28/21 at 7:05 am to BiteMe2020
Some of the Reddit folks are currently sitting in the millions worth of GME stock. They are trying to hold until the shorter have to start covering. Many have have their sell limit over a 1000 per share, some are at 10k per share just to hold it forever. There are a few that have wheat sold out because of various reasons who have bagged 6 figures.
Posted on 1/28/21 at 7:06 am to DesScorp
love it!
Ride for $AMC too baws!
Ride for $AMC too baws!
Posted on 1/28/21 at 7:11 am to roguetiger15
quote:
This is great and all but only works if nobody gets out of their position. Are they all going to keep buying and never get out? Lol
Yes
You should lurk around some of the boards that are executing this thing...These guys absolutely will not stop. This is has turned into a movement almost a sort of revolution. As of yesterday it went from 2 million users buying in to 4 million....what if it continues to double everyday?
Posted on 1/28/21 at 7:18 am to DeltaHog
What if it gets to 10k and there are no buyers?
Posted on 1/28/21 at 7:19 am to Roger Klarvin
quote:
Autistic millennials with an internet connection, free time and an axe to grind are the most dangerous people in the world
Add in microdosing
Posted on 1/28/21 at 7:20 am to jclem11
quote:
Ride for $AMC too baws!
Didn't the chynese buy out AMC several years ago? Will this help them?
quote:
I’m enjoying watching the Reddit war against Wallstreet. These Hedge fund sharks are getting a little taste of their own medicine and they do not like it. They’ve lost billions. Now @Stoolpresidente CEO Dave Portnoy getting in on the action. Looks like they are going to pump Nokia and AMC even higher today to squeeze out more shorts. Is this is a white hat operation???? Maybe maybe not.
https://twitter.com/stoolpresidente/status/1354611630710124545
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