- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: 4Chan breaks the "Gamestop Crisis" down for you, as only they can
Posted on 1/28/21 at 7:20 am to roguetiger15
Posted on 1/28/21 at 7:20 am to roguetiger15
The shorts have a call date by Friday. They are obligated to make the buy unless they put the short out further but that will cost them a ton of interest because of how over-shorted the stock was.
1
Posted on 1/28/21 at 7:20 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
throw in the free stimulus money as well
Posted on 1/28/21 at 7:20 am to roguetiger15
quote:
Yea. If there’s a buyer
Especially when there’s a stampede for the door.
Posted on 1/28/21 at 7:22 am to teke184
I get that but they are only obligated for a certain amount not the whole damn pie
Posted on 1/28/21 at 7:23 am to roguetiger15
Have you seen how oversold this stock was? They shorted over 100% of the stock available.
Unless they had other shares to use to cover this, they gotta buy it all.
Unless they had other shares to use to cover this, they gotta buy it all.
Posted on 1/28/21 at 7:25 am to teke184
I don’t. Do you have those numbers?
I’m just trying to throw the flag of caution. It may be, MAY BE, a lot harder to get out of your positions if there’s still stock remaining after tomorrow
I’m just trying to throw the flag of caution. It may be, MAY BE, a lot harder to get out of your positions if there’s still stock remaining after tomorrow
Posted on 1/28/21 at 7:26 am to roguetiger15
Go to the money board and check. There are numbers out there on what stocks are out there that have been short sold and by how much.
The GameStop stock had been short sold by about 116% of total stock available, which is exactly why they could do what they are doing.
The GameStop stock had been short sold by about 116% of total stock available, which is exactly why they could do what they are doing.
Posted on 1/28/21 at 7:28 am to teke184
That’s hilarious- The mongoloids on Reddit causing billions in losses to the Harvard elites
Posted on 1/28/21 at 7:30 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
I’m just glad I read about it and decided to join in
Posted on 1/28/21 at 7:31 am to JOHNNY HUNGEE
Oh it gets better than that!
Now media is saying that it is. . . wait for it. . .
WHITE SUPREMACY!
Media blames Trump and 'white supremacy' for Reddit-inspired stock surges
I had no idea that the hedge fund bunch was dominated by people of color.
Now media is saying that it is. . . wait for it. . .
WHITE SUPREMACY!
Media blames Trump and 'white supremacy' for Reddit-inspired stock surges
I had no idea that the hedge fund bunch was dominated by people of color.
Posted on 1/28/21 at 7:32 am to TrueTiger
One guy just called it cyber bullying
Posted on 1/28/21 at 7:33 am to TrueTiger
Connecting Reddit to Trump is fricking hilarious considering the history of Reddit and r\TheDonald.
Posted on 1/28/21 at 7:34 am to antibarner
quote:
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.
Posted on 1/28/21 at 7:34 am to JOHNNY HUNGEE
quote:
A lady on fox business called it cyber bullying of hedge fund managers lmao
Posted on 1/28/21 at 7:40 am to antibarner
quote:
The managers are basically gamblers and in this case they rolled snake eyes.
This is the difference in investing and speculating.
Posted on 1/28/21 at 7:54 am to DeltaHog
quote:
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?
At some point the bubble’s going to have to burst, one way or another. If you play it out, it’s just a question of how high it gets before that happens. Eventually either he stock gets high enough that the early retail investors start taking profits and it crashes, or enough of the short sellers finally get out of their positions (ending the short squeeze) and it crashes.
I’m all for sticking it to the hedge funds. At the same time, you know there will be some poor bastards will put half of their 401k into GME at the top because “to the moon.” There is always somebody left holding the bag.
The really scary part is that the higher the price gets, the more incentive there is to short the stock even more. So it could snowball. But again - the bubble will burst eventually. Just a question of what the fallout looks like when that happens.
Posted on 1/28/21 at 7:56 am to lostinbr
Platforms have stopped trading certain stocks. It is war now.
Posted on 1/28/21 at 8:02 am to antibarner
quote:
They can potentially make big bucks if I understand this right
i think the "big bucks" has already passed. you can still make really crazy returns, but nothing earth shattering like the early adopters
like with all fads, MLM schemes, and cults, the people who get in at the end are going to be fricked hard and those in early benefit the most
Posted on 1/28/21 at 8:02 am to lostinbr
The way things are looking, the hedge funds will get more people to bail them out then try to extend the call date on the shorts in an attempt to wait out the WSB crew.
Problem is that the short interest is so high due to the value of the stock and how oversold it was that it would be ruinous, on top of someone eventually having a margin call where they are expected to cough up assets equal to a certain percentage of their paper losses.
And this is after the shorters have already doubled down and kicked out the date to this Friday because the stock was too high for them to make money off the shorts.
Historically, this is a lot like the “Black Friday” of 1869 in which a couple of robber barons conspired to corner the market on gold in the US by manipulating the government then snapping up all available Gomez
It quickly turned into a bigger shitstorm than this because gold prices went over $1000 a share in 1860s dollars and people ended up selling shares they didn’t have which they couldn’t cover due to the price going so high.
The government eventually flooded the market with gold to end the mess but that was in part because President Grant was pissed his administration got used to make this attempt.
Problem is that the short interest is so high due to the value of the stock and how oversold it was that it would be ruinous, on top of someone eventually having a margin call where they are expected to cough up assets equal to a certain percentage of their paper losses.
And this is after the shorters have already doubled down and kicked out the date to this Friday because the stock was too high for them to make money off the shorts.
Historically, this is a lot like the “Black Friday” of 1869 in which a couple of robber barons conspired to corner the market on gold in the US by manipulating the government then snapping up all available Gomez
It quickly turned into a bigger shitstorm than this because gold prices went over $1000 a share in 1860s dollars and people ended up selling shares they didn’t have which they couldn’t cover due to the price going so high.
The government eventually flooded the market with gold to end the mess but that was in part because President Grant was pissed his administration got used to make this attempt.
Posted on 1/28/21 at 8:02 am to roguetiger15
quote:
That’s hilarious- The mongoloids on Reddit causing billions in losses to the Harvard elites
Dude those mongoloids siphoned 14 billion from Wall street yesteday. They also received investment from Chatham Palihapitiya in the tune of 10 groups of 100k. If you go back and watch his interview yesterday thats exactly his point. There are millions of really smart individuals out there and just because they don't trade on wall street in their suits everyday doesnt mean they cant outsmart you.
Page 3 of 10
Popular
Back to top
Follow TigerDroppings for LSU Football News