Posted on 01/27/2021 6:50:03 PM PST by SeekAndFind
Yeah, that really answered the question. It's like a challenge for Psaki so say something dumber each day.
Well, these hedge funds might as well explain WHY they shorted the stock.
There once was a short seller who conspired with some FBI agents to target companies. He would also blackmail them.
I think he also , at one point, ratted out the Wolf of Wall Street.
He went to jail and then killed himself when he got out.
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Hmmm....
This is the strategy the Left has been using for decades.
“Give us what we want or we will tank your stock price.
And CNN is already blaming President Trump:
https://twitter.com/dontbuybluth/status/1354624144055349251
add bed bath and beyond to that list as well
In the old days you would actually short the real stock. The brokerage located physical shares. This prevented 105% as there would only be some many real shares available to short . serves them right for changing that rule.
Dittos to that!
they will be left holding a 300$ stock worth 20$. It won’t be so much fun then
When the price of GameStop ran up from $20/share to $380/share there had to be investors buying at $380. These weren't amateurs buying in at $380/share. Most of the stock sales at the inflated price were being made to buyers who were FORCED to pay that exorbitant price — i.e., hedge funds that had shorted the stock weeks or months ago and had to meet margin calls because they had borrowed heavily to sell them short in the first place.
If the losers in this kind of fiasco were "a bunch of millenials with no investing experience," you wouldn't be seeing big-time players on Wall Street falling all over themselves to put an end to it.
we are gambling absolutely but we are also saying SCREW YOU WALLSTREET YOU HAVE BEEN SCREWING THE LITTLE GUY FOREVER BY PLAYING YOUR GAMES...
and it felt pretty good. Many will lose their shirts and many bought just one share just to come together as one to let them know we remember what they did in 2008 when they got the bailouts and we lost our 401K’s- they were trying to destroy Gamestop and we decided to turn it back on them.
...and the exchange changed the rules to clobber ‘em. But, harder to do here for long equity positions which the Reddits are building.
I’m old school....defenestration
Not exactly sure.
It was quite legal.
And of course, tit for tat, you kill my dog, I kill your cat.
We used to learn that on the playground. Back in the days before kids had playdates.
This is screamingly funny to me. Sorry. Some of them are getting what they deserve for having put out news to ruin companies in the past. ROFL.
Because they have power, and we don’t.
So I bet they ignore the shorts and play just pretend it didn’t happen. Then arrest the kids for hate crimes
Lol, do you have any idea how much fun losing 280 bucks is if you know that you and your friends utterly devastated the short selling low life funds to the tune of billions?
The short seller buys a dinner at French Laundry for 800 bucks a plate for fun.
The college kid spends 280 bucks to be part of a giant fun effort to stab the heart of the beast. Great fun! In fact, even more fun to think kids playing destroyed these Romney types. You’re missing the joy they are getting from this.
Way more effective than walking through the capitol building.
For extra fun, research the other things they have spent 280 bucks on.
Would it not be funny to see a bunch of congressional critters squeezed in this play.
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