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re: People are "storming the Capitol" on the financial markets right now

Posted on 1/27/21 at 10:51 am to
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 1/27/21 at 10:51 am to
quote:

They're buying put options as we speak. The GameStop price, artificially elevated, will fall harder and faster than it would have before. They will make more money than before.


Right now they are having to liquidate other holdings to cover short positions which is dragging down other stocks, they may make money eventually, but definitely feeling the pain right now.
Posted by the808bass
The Lou
Member since Oct 2012
111546 posts
Posted on 1/27/21 at 10:57 am to
AMC too?

quote:

Individual investors are creating short squeezes by piling into these names, while hedge funds that are short on the other side are rushing to cover their losses. They are promoting their activity on the wallstreetbets Reddit board, which has 2.8 million members. AMC appeared to be a growing topic of interest on the board. Short selling is a strategy in which investors borrow shares of a stock at a certain price in expectations that the market value will fall below that level when it’s time to pay for the borrowed shares.
This post was edited on 1/27/21 at 10:59 am
Posted by teke184
Zachary, LA
Member since Jan 2007
95781 posts
Posted on 1/27/21 at 11:02 am to
Money board has a list of stocks with the highest percentage of shorts compared to outstanding stocks.

AMC is on there but Timberland is number 1 with a bullet at about 960% short sold.
Posted by chity
Chicago, Il
Member since Dec 2008
6083 posts
Posted on 1/27/21 at 11:04 am to
What stocks are being targeted?
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 1/27/21 at 11:09 am to
quote:

What stocks are being targeted?




Yes somebody tell us

I ain't too proud to ride one of these up a bit.
Posted by McLemore
Member since Dec 2003
31507 posts
Posted on 1/27/21 at 11:15 am to
Soros is the short king. I can only pray he somehow gets arse raped. And also squeezed.

Doubtful. He'll continue to live and thrive financially and gain more power and influence while good people suffer and die.

So it goes.
Posted by the808bass
The Lou
Member since Oct 2012
111546 posts
Posted on 1/27/21 at 11:16 am to
quote:

Timberland is number 1


WNHI
Posted by Crimson1st
Birmingham, AL
Member since Nov 2010
20236 posts
Posted on 1/27/21 at 11:21 am to
quote:

I’d rather that guy as Speaker than Pelosi.



Well he failed at his job of running off evil spirits...Pelosi is still there.
Posted by Tesla
the Laurentian Abyss
Member since Dec 2011
7975 posts
Posted on 1/27/21 at 11:24 am to
quote:


Right now they are having to liquidate other holdings to cover short positions which is dragging down other stocks, they may make money eventually, but definitely feeling the pain right now


The point is, they have to survive. Most of these are $20 investors that would gladly pay it to sink the shorts so they can just hold it indefinitely.
Posted by elcid
Band Camp
Member since Mar 2007
3036 posts
Posted on 1/27/21 at 11:26 am to
quote:

Gabriel Plotkin runs Melvin Capital Management, a hedge fund firm with $3.5 billion under management.


Sounds like a greedy Presbyterian
This post was edited on 1/27/21 at 11:26 am
Posted by Ailsa
Member since May 2020
3563 posts
Posted on 1/27/21 at 11:26 am to
Posted by PUB
New Orleans
Member since Sep 2017
18253 posts
Posted on 1/27/21 at 11:26 am to
CORRUPT
Posted by Tesla
the Laurentian Abyss
Member since Dec 2011
7975 posts
Posted on 1/27/21 at 11:26 am to
Stocks that are massively shorted. This is a gamer squeeze of hedge funds.
Posted by DabosDynasty
Member since Apr 2017
5179 posts
Posted on 1/27/21 at 12:10 pm to
quote:

It certainly feels like a non-traditional revolution has been trying to take place in many ways. This seems one of them.


Confirmed:



The national anger and lashing out is building and spilling into new non-physical methods.
Posted by teke184
Zachary, LA
Member since Jan 2007
95781 posts
Posted on 1/27/21 at 12:11 pm to
Will Nasdaq hold trading on stocks that are subject to Jim Cramer style reporting telling people to buy or sell?
Posted by DabosDynasty
Member since Apr 2017
5179 posts
Posted on 1/27/21 at 12:29 pm to
Yellen jumping in now.

Posted by Y.A. Tittle
Member since Sep 2003
101474 posts
Posted on 1/27/21 at 12:32 pm to
I’d pat myself on the back for “calling it,” but I can’t see how it wasn’t the most obvious thing in the world.
Posted by teke184
Zachary, LA
Member since Jan 2007
95781 posts
Posted on 1/27/21 at 12:32 pm to
Anyone got the donation history on the hedge funds and their primary traders?

Given Trump previously targeting their “carried interest” for higher taxation, I’m sure the people getting fricked at the moment donated heavily to Biden.
Posted by DabosDynasty
Member since Apr 2017
5179 posts
Posted on 1/27/21 at 12:34 pm to
quote:

I’d pat myself on the back for “calling it,” but I can’t see how it wasn’t the most obvious thing in the world.


Yep. This will absolutely be used to push “reform” under the guise of reigning in Wall Street but in effect killing the individual investors who are responsible for this action. Wall Street and social media will be the declared boogie men, but the people will be treated as the boogie men in reality.
Posted by Dawgfanman
Member since Jun 2015
22435 posts
Posted on 1/27/21 at 12:36 pm to
Unless they gonna completely remove the ability of people to invest in heavily aborted stocks, this (Yellen) will just feed the frenzy
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