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Message

re: Shapiro is not happy with you Gamestoppers!

Posted on 1/28/21 at 11:43 am to
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
60234 posts
Posted on 1/28/21 at 11:43 am to
"prank"

This cuck can get bent.

What we're seeing is individual investors push back.
Posted by Roll Tide Ravens
Birmingham, AL
Member since Nov 2015
42653 posts
Posted on 1/28/21 at 11:44 am to
quote:

You honestly believe this?

The LOLs are just a fringe benefit to seize on a money making opportunity.

Believe me, if the GameStop boys were on the other side and that side was making money they would be all in. The only principle that matters is making money.

I believe it isn't all about the money for the people at the very core of this situation. For many people who jumped in later, sure, it was about the money.
Posted by RoyalAir
Detroit
Member since Dec 2012
5893 posts
Posted on 1/28/21 at 11:47 am to
quote:

believe it isn't all about the money for the people at the very core of this situation. 


It's not. Read some of their forums (while they're still available). This is all about sending a message and bleeding these hedgers to the bone.

To.
The.
Moon.
Posted by TheRoarRestoredInBR
Member since Dec 2004
30295 posts
Posted on 1/28/21 at 11:58 am to
quote:

The stock market is where insider trading is available if you know the right people...if you’re Martha...you’re fcked.


Same thing in the Sportbetting world, especially former eras of softer lines. You go up high enough in the Bookmakers & Wiseguys food chain, and bet with very high discipline, you aren't gambling very much longterm.

The info that the Walters, Baxter, Spiro, Skip, Chip, Tomchin, Cigar Sacco,etc..and guys sitting in the best offices in the world like CRIS, Grande, Bookmakercom, guys running the below radar reduced juice webpages and credit outs, also best Vegas joints like Westgate, Caesar, Wynn, Circa,etc..

Everyone likes to bet, even owners, players,etc..and/or their brothers, uncles, family, highly educated hunches and insider tidbits want to have some action. Those moves make their way and waves into the system.

The Whales and Wiseguys know where to find a high probability play or two a day, even on limited cards. In the industry when given a best bet winner from an elite sharp for the day's card..

It's called "one for your pocket"
This post was edited on 1/28/21 at 11:59 am
Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
87476 posts
Posted on 1/28/21 at 12:02 pm to
So a HF:
targets a vulnerable company

shorts their stock

send their minions "aka analysts" on the Financial Shows like CNBC and Fox Business to "analyze" the vulnerable company that they have "concerns" about

stock falls due to negative coverage

HFs cash in their shorts

The company is left in ruins

rinse and repeat




I dont feel one ounce of compassion for these HFs
Posted by meansonny
ATL
Member since Sep 2012
25669 posts
Posted on 1/28/21 at 12:02 pm to
quote:

The part where he says the GameStop people are in it for the LOLs. Not true. They are in it to make money. They recognized that the hedge funds had short positions that were WAY over leveraged and with only a little bit of buying pressure they knew they could squeeze them.

That is not LOLs. That's recognizing a financial opportunity.



The gamestoppers only "make" money when they sell. Which leads me to believe that a decent percentage wont "make" anything.

If the people driving up the value dont realize that some of there brothers will actually be losing money during this process, then there will be an education in the stock market coming.

It isnt about making money (imo) as kt is about punishing hedge funds who try and pick and choose losers and profit from their heavy hands.
Posted by teke184
Zachary, LA
Member since Jan 2007
96002 posts
Posted on 1/28/21 at 12:02 pm to
The book of Casino talks about some of this.

In it, Lefty Rosenthal is asked by Tony The Ant Spilotro for what basketball games to bet on that weekend and keeps getting “no comment” in response.

Spilotro finally hands him the whole list of games and Lefty makes two check marks.

When asked about it, Lefty mentions how much is being bet and implies that he is making the bets for Spilotro’s bosses in the Chicago mob.


Lefty continuing to make money for them is part of why he never got killed unlike a lot of other potential liabilities.
Posted by teke184
Zachary, LA
Member since Jan 2007
96002 posts
Posted on 1/28/21 at 12:03 pm to
Hence why I keep comparing them to 1980s corporate raiders and 1860s robber barons.
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18298 posts
Posted on 1/28/21 at 12:04 pm to
you Shapircuck
Posted by dewster
Chicago
Member since Aug 2006
25378 posts
Posted on 1/28/21 at 12:07 pm to
I think Shapiro is being a little naive. Which is out of character.
Posted by Vacherie Saint
Member since Aug 2015
39535 posts
Posted on 1/28/21 at 12:08 pm to
Can ben shapiro just stfu already?
Posted by BiteMe2020
Texas
Member since Nov 2020
7284 posts
Posted on 1/28/21 at 12:09 pm to
So, according to Ben,

Hedge fund managers aren't gambling because they're sophisticated.

Guy sitting in his basement investing in a stock, using the same information the hedge fund guy has, or less, is gambling.

People ultimately are doing this to make money. That this is also a comical situation isn't sufficient to make Ben's arguments valid, lol.

Does he think hedge fund managers never laugh about making money?

This post was edited on 1/28/21 at 12:12 pm
Posted by ShermanTxTiger
Broussard, La
Member since Oct 2007
10881 posts
Posted on 1/28/21 at 12:11 pm to
Is it a free market or not Ben?
Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
87476 posts
Posted on 1/28/21 at 12:15 pm to
quote:

Hedge fund managers aren't gambling because they're sophisticated.

its not gambling when you are in control of the game
Posted by BiteMe2020
Texas
Member since Nov 2020
7284 posts
Posted on 1/28/21 at 12:15 pm to
quote:

The gamestoppers only "make" money when they sell. Which leads me to believe that a decent percentage wont "make" anything.

If the people driving up the value dont realize that some of there brothers will actually be losing money during this process, then there will be an education in the stock market coming.

It isnt about making money (imo) as kt is about punishing hedge funds who try and pick and choose losers and profit from their heavy hands.


I get that, but in this case, shorting 130% of the outstanding shares of a company is a bit extreme, lol.

People saw an opportunity. Is it only okay for hedge fund managers to make money or teach everyone else a lesson?

I did it to make money. And I did. That was the sole purpose. And the fact that it was a little more comically satisfying to make this money than it is for any other investment I own doesn't change my motivation.
Posted by BiteMe2020
Texas
Member since Nov 2020
7284 posts
Posted on 1/28/21 at 12:17 pm to
quote:

its not gambling when you are in control of the game


The hedge fund took a risk, lol. Obviously they weren't in full control or this wouldn't be a discussion topic.
Posted by meansonny
ATL
Member since Sep 2012
25669 posts
Posted on 1/28/21 at 12:17 pm to
quote:

I did it to make money. And I did. That was the sole purpose


So you have already sold all of your shares.
Posted by BiteMe2020
Texas
Member since Nov 2020
7284 posts
Posted on 1/28/21 at 12:18 pm to
quote:

So you have already sold all of your shares.


Yes. Bought and sold twice today, and I think I'll stop with GME while I'm ahead, lol.
Posted by Lima Whiskey
Member since Apr 2013
19325 posts
Posted on 1/28/21 at 12:19 pm to
Shapiro just wants to please the powers that be.
This post was edited on 1/28/21 at 3:32 pm
Posted by TDTOM
Member since Jan 2021
14622 posts
Posted on 1/28/21 at 12:21 pm to
The market is not like a casino.
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