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Exchanges Ban Trades, Biden Administration ‘Monitoring Situation’ After Reddit Drives Wall Street Hedge Funds to Brink of Bankruptcy in Gamestop Short: Bankers are absolutely furious with the market's first populist uprising
National File ^
| 01/27/2021
| Jack Hadfield
Posted on 01/27/2021 6:50:03 PM PST by SeekAndFind
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To: DesertRhino
101
posted on
01/27/2021 8:58:58 PM PST
by
Theoria
(I should never have surrendered. I should have fought until I was the last man alive)
To: xp38
I’m old school....defenestration That's why I have a Mac...
102
posted on
01/27/2021 9:00:20 PM PST
by
null and void
(Since I'm a punster, a jokester, and a well rounded funny guy, my personal pronoun is "He He")
To: SeekAndFind
I read this on another site:
“This is going to get even more interesting. There are reports of other hedge funds in the same situation as Melvin Capital. It’s reported short sellers lost over $14 Billion today alone on GameStop stock.”
If true, I’m happy!
103
posted on
01/27/2021 9:02:28 PM PST
by
ConservativeMind
(Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
To: ConservativeMind
But as the bankers are always so fast to tell us. It’s not real money it’s numbers in a computer
To: ConservativeMind
It’s also happening to other stocks like AMC. Popcorn time!
105
posted on
01/27/2021 9:09:10 PM PST
by
Gideon7
To: DesertRhino
These are the same vultures who contribute heavily to our Democratic National Socialist enemies. It’s that big club we ain’t in.
106
posted on
01/27/2021 9:44:17 PM PST
by
Noumenon
(As long as you have a rifle, you still have a vote. (KTF))
To: Noumenon
They also contribute to Republicans. They’ve always played both sides of the fence.
107
posted on
01/27/2021 9:46:54 PM PST
by
Coronal
To: SeekAndFind
So I can’t buy Game Stop tomorrow morning?
108
posted on
01/27/2021 9:49:57 PM PST
by
TBP
(Progressives lack compassion and tolerance. Their self-aggrandizement is all that matters. )
To: RushIsMyTeddyBear
Did you ever notice that the ads to buy silver are run by those selling it?
I say, if it’s such a good buy, why are you selling it?
109
posted on
01/27/2021 9:52:47 PM PST
by
zeebee
( )
To: DesertRhino; HereInTheHeartland
Yep, don’t doubt millions of Millennials armed with their $1800.00 “Stimmy Checks” and the WeBull/Robinhood Apps!! I may just join in on the fun! Power to the people and all that! ;-) Next up AMC, SLV, and the crypto “DOGE” (Dogecoin...already pumping, beware the dump).
110
posted on
01/27/2021 9:59:18 PM PST
by
Drago
To: SeekAndFind
To: AnotherUnixGeek
Because economy or something....😂
112
posted on
01/27/2021 10:07:29 PM PST
by
BiteYourSelf
( Earth first we'll strip mine the other planets later.)
To: redcatcherb412
But as the bankers are always so fast to tell us. It’s not real money it’s numbers in a computer Just like "votes" in a Demonion "voting" machine...
113
posted on
01/27/2021 10:07:46 PM PST
by
kiryandil
(New Movie: The Assassination Of Ashli Babbitt By The Anonymous Coward)
To: Deaf Smith
Um what is this honor that you speak of.😏
114
posted on
01/27/2021 10:08:55 PM PST
by
BiteYourSelf
( Earth first we'll strip mine the other planets later.)
To: SeekAndFind
Best post of the year! I love this. Just bought 100 shares of AMC to join in the fun. I don’t care if I lose it all. I have to help these guys. But you know what? I’m NOT going to lose!
115
posted on
01/27/2021 10:10:05 PM PST
by
Auntie Mame
(Fear not tomorrow. God is already there.)
To: Alpacalady
You’re gonna have to work on your stutter.😁
116
posted on
01/27/2021 10:22:27 PM PST
by
BiteYourSelf
( Earth first we'll strip mine the other planets later.)
To: AnotherUnixGeek
Libs eating libs
Plus, the bill will come due. The company will never have that value so the people that drove up the price will get stuck with the bill when the price crashes.
117
posted on
01/27/2021 10:36:39 PM PST
by
jrestrepo
(Now I am an insurgents. Starve the beast (any way possible) )
To: HereInTheHeartland
Not just gambling but destined to fail.
118
posted on
01/27/2021 10:37:50 PM PST
by
jrestrepo
(Now I am an insurgents. Starve the beast (any way possible) )
To: Alpacalady
True, but each person (that’s the difference) will lose a couple hundred bucks.
Will they? They appear to have a guaranteed buyer at the higher price.
119
posted on
01/27/2021 10:50:18 PM PST
by
lepton
("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
To: kvanbrunt2
It took a while for me to figure out how the shorts could be 140+% of the float. Apparently what happens is that hedge fund A borrows $10 worth of stock that it sells to buyer B, and then A turns around and re-borrows the stock back from B to sell to C, and so on, until the original $10 of stock is leveraged several times.
120
posted on
01/27/2021 10:55:13 PM PST
by
Gideon7
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