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re: Can someone explain this Gamestop stuff to me like I’m a teenaged Maxine Waters?
Posted on 1/27/21 at 8:09 pm to Eli Goldfinger
Posted on 1/27/21 at 8:09 pm to Eli Goldfinger
quote:
Sounds awesome
I understand what a short is.
I’m interested to know where Nazis come in.
Global corporations own the media.
The rich and powerful hate it when little guys punch up.
Anyone the establishment doesn't like is Hitler.
Posted on 1/27/21 at 8:10 pm to JOHNNY HUNGEE
quote:
Why does it matter if you have to pay 900 and not 1,000. It’s still expensive
That's just an example, these guys put in like 68 million or something hoping gamestop goes under because the brick and mortar model. Any downturn and they are making millions back.
Posted on 1/27/21 at 8:10 pm to crimsonsaint
quote:
How do amateur investors know or notice how much a stock is being shorted? I assume you have to be really dialed into the situation to know who it is and how much they’re shorting it?
This wasn’t some amateur ppl with no experience that pulled this off right?
You can look up the short interest on stocks
The short interest on GME this morning was around 142% according to Bloomberg.
ETA: that is the short interest to the outstanding float of shares.
The float is stock that is actively in the market and trading and not held by insiders, etc
This post was edited on 1/27/21 at 8:14 pm
Posted on 1/27/21 at 8:36 pm to SlowFlowPro
The same shorts that are always trying to tank stock prices through “investigative reports.”
Posted on 1/27/21 at 8:44 pm to Eli Goldfinger
quote:
So what’s the total damage?
A shite ton. Up to $5.1B-ish?
Posted on 1/27/21 at 8:51 pm to stickly
quote:
A shite ton. Up to $5.1B-ish
More than that...try $15B+
Posted on 1/27/21 at 8:59 pm to Eli Goldfinger
Everybody should love hedge funds and short sellers. NOT!
Cabelas
How Paul Singer, Hedge Funds Are Destroying Rural America
Cabelas
How Paul Singer, Hedge Funds Are Destroying Rural America
Posted on 1/27/21 at 9:26 pm to ImaObserver
Can someone explain this Gamestop stuff to me like I’m a teenaged Maxine Waters?
That some funny shite right there
That some funny shite right there
Posted on 1/27/21 at 9:42 pm to ImaObserver
Paul Singer can suck a hot wet fart out of my arse
This post was edited on 1/28/21 at 7:56 am
Posted on 1/27/21 at 10:29 pm to Eli Goldfinger
No one can explain this to a Maxine Waters, regardless of her age.
Posted on 1/27/21 at 10:57 pm to JOHNNY HUNGEE
quote:
Will this cause the stock market to crash and the Great Depression 2 will take place
Mooch said this is the French Revolution of Finance. He have a good sense of humor considering he's the CEO of SkyBridge. SkyBridge is connected to this mess thru investments in Point72. Citadel and Point72 bailed out Melvin Capital with $2.75 billion. Melvin Capital is the hedge fund that was targeted in this GameStop scheme.
This post was edited on 1/27/21 at 11:00 pm
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