Posted on 01/28/2021 2:03:25 PM PST by libstripper
Bill Gates promised that the vaccine would cripple and kill people but it was OK because shut up.
My brother made a little money in this yesterday.
“ The entire stock market is “completely decoupled from any kind of economic reality.”
Nope.
A pox on the house of these hedge fund guys, but to say that the entire market is decoupled from economic reality is just plain wrong. It’s also a vital component in our free market system.
read about Gamma squeeze and infinite squeeze.
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Yup... I’ve been reading and am now wiser. By the way, all the best with your stake and I hope that you make lots of money.
I have a question for you that I posed on another thread....
I assume that during the ‘imposed pause in the action today when folks could sell but not buy’, the price was driven down..... and I further assume that during this time, at least some of the hedge fund operators took advantage of the lower prices to trim their losses to something less than what it could have been. I’m not sure why they could buy when others couldn’t but that’s a separate issue….
So as I understand it, the other day the hedge funds stake represents 140% of GameStop’s float….. stock of course that doesn’t exist. I’m just wondering how ‘successful’ they were at ‘taking advantage of driving the price down today’......Do we know how much that percent is now? I’m assuming that this is public information somewhere that’s available... just curious if you might now how much it is reduced from 140%.
Prices have nothing to do with underlying value anymore.
“ Prices have nothing to do with underlying value anymore”
For some stocks, sure.
To say that about the entire market isn’t accurate.
Who will you sue? Who will take the case? On what basis?
The point is you played a game in Vegas without wondering how they kept the lights on.
Laws stopped being a thing around March 2020. They will bail out the funds and then arrest the small guys.
Read the book Dictators Handbook.
How do you feel about naked shorts?
“ Could you imagine somebody on Biden’s staff having to bring this issue to him to explain Reddit, Robin Hood, how the shorts were squeezed and how this could culturally and economically impact hedge funds and Wall Street and him grasping half of it?”
I’d have better luck explaining homeowners insurance to my French Bulldog.
L
WOW!
Thank you for posting this.
I’m sure President Trump would get it.
No doubt and he would probably cheer on the Reddit'rs (is that what you call them? Have no idea....)
Uhhh... you MIGHT go back and read the post, again, ‘cuz I REALLY don’t think you’re replying to a witless naif.
“Her fees came from Citadel too – which has invested billions of dollars in the primary hedge fund now suffering as a result of the GameStop stock surge.”
Citadel has not “invested billions” in Melvin Capital; Citadel SISTER company Citadel Securities teamed up with another firm, Point72, and TOGETHER invested $2.75 billion in Melvin to keep it afloat amid it’s sea of impending obligations. That’s HARDLY the same as Citadel, itself, pouring limitless billions into Melvin Cap, which was the imagery you seemed to be driving at.
Are you aware that there’s not just ONE “Citadel” but there are FIVE, and claims bout one may not be valid for another?
Citadel Americas LLC
Citadel Enterprise Americas LLC
Citadel Group Holdings Lp
Citadel Securities Americas LLC
Citadel Securities Holdings Lp
https://freerepublic.com/focus/bloggers/3929789/posts?page=44#44
https://www.corporationwiki.com/Illinois/Chicago/citadel-enterprise-americas-llc/45984952.aspx]
Honestly, if we can’t — or won’t — get the reporting right under our own f’n roof, what business have we pummeling CNN for being a #fakenews organization?
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