Posted on 01/31/2021 8:40:55 AM PST by Zhang Fei
Physical silver to hit $100 an oz, IMVHO.
I’m hoping more. My sale point is $200/oz.
Melvin, along with the MSM are lying their asses off trying to make people think they covered their shorts and no longer have any interest in “GameStop”. They are trying to get the retail investors (”retards” as they call themselves on wallstreetbets) who are holding this to sell. If you are holding, continue to do so, Melvin is far from off the hook on this one.
Yes, metals should run given Bitcoin is being attacked.
India proposes law to ban cryptocurrencies, create official digital currency
Someone please tell me Mitt Romney is one of the ones who lost his are in this!!!
I’d say they’re preparing the tables. Either the shorts cleared or they didn’t. Looks like they didn’t. There are other stocks in the mix of that hedge shorting but GME is the big one everyone is paying attention to.
Reddit Raiders are turning their attention to Silver, which is perhaps the largest and most manipulated commodity market. Wouldn’t want to be short on Silver.
are=arse... dang spell check!!
Do you have any thoughts about buying a put option on GameStop?
When? That is the question. And gold by that measure will be $10,000? Not going to happen.
You buy stocks on margin from a broker. I use E*Trade, but RH probable is exposed.
THIS is the Great Reset, and it is an equal-opportunity reset, unlike the reset Bill Gates, George Soros, Warren Buffett, et al had in mind.
What do Gabe Plotkin, Steven A. Cohen, and Michael Steinberg have in common? You might want to ask the Securities and Exchange Commission about them.
Question: How many turns at bat do you get from the SEC before you are permanently suspended?
Do your homework on these three individuals and you will know all you need to know about the hedge fund sector of the market.
“Borrow” stocks at $20. and sell them immediately. Drive the price down to $3. and buy back in at $3. returning the stocks to the lender. Huge loss to the lender which is always a very large institutional firm and the next thing you know Joe Sixpack’s retirement investments have taken a hit.
But hey, the three guys mentioned above can go out and purchase some more artwork, or homes, or professional ball teams.
The Reddit kids aren’t going to touch gold - too high an entrence fee - silver, OTOH, is relative undervalued and, some believe, had been held back by market forces. We’ll see this upcoming week.
I’d have a really, really hard time investing with a “Melvin” Fund. Even if they gave me a toaster for opening an account.
I wonder how their sister company Wedgie Capital is holding up under all this strain.
Melvin Capital sounds like a real iffy blind date.
The hedge fund was UNhedged on its position.
Tough noogies.
Only 50%?
..... Well .... If it doesn’t work out well for these millionairs and billionairs .... They can always get a job building Solar Panels .....
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