Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: basalt
these guys are holding firm...they will not sell...now its going global, LTFO...

If I understand correctly, if the Reddit buyers all stick together and refuse to sell, the hedge fund guys are screwed as they need to return all those shares they "borrowed" or face a margin call - which they evidently cannot afford.

105 posted on 01/28/2021 10:37:30 AM PST by SamAdams76 (By stealing Trump's second term, the Left gets Trump for 8 more years instead of just four.)
[ Post Reply | Private Reply | To 4 | View Replies ]


To: SamAdams76

anyone remember the silver runnup and collapse when Hunt brothers tried to corner the silver market in 1980

https://en.wikipedia.org/wiki/Silver_Thursday


109 posted on 01/28/2021 10:40:10 AM PST by rolling_stone (usa nice experiment ruined by "progressives'" )
[ Post Reply | Private Reply | To 105 | View Replies ]

To: SamAdams76

thing is, its not just Reddit guys anymore..its spreading like wild fire, and some big hitters are throwing in... they dont know how to stop it...over seas markets too....


113 posted on 01/28/2021 10:45:24 AM PST by basalt
[ Post Reply | Private Reply | To 105 | View Replies ]

To: SamAdams76
If I understand correctly, if the Reddit buyers all stick together and refuse to sell, the hedge fund guys are screwed as they need to return all those shares they "borrowed" or face a margin call - which they evidently cannot afford.

It's even worse than that. If the Reddit buyers all stick together, the hedge fund guys may be forced to buy the GameStop shares at $5,000/share instead of just the super-inflated price of $380/share it reached yesterday. LOL.

141 posted on 01/28/2021 11:15:42 AM PST by Alberta's Child ("There's somebody new and he sure ain't no rodeo man.")
[ Post Reply | Private Reply | To 105 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson