Does we got a stance on this dance? Consensus.

[smallfil]

They are the guys who were caught with their pants down. Where are the other hedge funds? More likely, they were all long as it takes a lot of monies to drive a stock higher. Probably, owned most of those shares on Game Stop and AMC. Amateur retail traders did not do so on their own. They did not have enough monies but, probably, just piled on and got lucky without knowing it? Wait till they report who made the most monies on Game Stop and AMC. My monies are on the other hedge funds who were all long those stocks.

https://www.yahoo.com/finance/news/...ment-in-game-stop-stock-frenzy-183119106.html

 

[caroy]

So, we spend hours/most of our lives slaving away to try and play this game and make just enough, and some other, wow. just Wow. they made the headlines. if not history?

So, whats our stance on this? Not saying we all have to agree. Its great we have some real high roller uppercrust members, I appreciate them and their contributions. and piss poor fresh off the boat members with a desire to succeed as well.

I have some friends in high places and am thankful for their friendship more so than their ability to back me up when I need it. I literally called (texted) my homie and told him to watch his shorts. with all this sillyness going on,. Id much rather enjoy his company and maybe beat him in a game of chess rather than make an enemy of a peer, or build hatred towards a friend. besides hes my friend so id probably take his side over yours regardless.

So whats our stance here? seems some dudes are sayings all is fair in trading but some are running for help and crying. Do we want a fair market? Seems like a lot of attention is coming to our line of work.

Why should we even be divided amongst each other? remember the Kmunist overthrew the Shah by telling the Grunts that their Officers were oppressive, were this, were that. blah, blah, blah. and now you have...

My mentor comes from a similar background as me socioeconomically. He said **** whats his face and basically is rooting for the little guy. Ive also witnessed him put on 2 million+ dollar daytrades.

my point here is why are we fighting against each other? they may support either side but are just frothing at the mouth to put us all out of business.

Please discuss. and remember divide and conquer is for people that dont got the bawls to bet it all on red.

bet it all on red. maggot.

Trying to wrap my mind around a couple issues tied to this. Shady broker organizes a pump and dump on a penny stock promotes in on message boards yada yada yada in early and out on top. My understanding this is illegal. Is targeting a known short the same thing in a directed way? In some ways this has been going on for ever. Lots of stories of a known big trader short and everyone piles up to make the squeeze. One memorable one of the guy actually shitting his pants. Sure we need rules, fair play etc. Still a civilized country. I'm predicting some new regulations out of all of this. Not saying that makes it better . There's something about trading that it's my mind and balls against your mind and balls. We're measured by what we do in this game and our return. No arguing that. Same reason I think a good number who admire trading admire sports. What you do between the lines matters nothing else. But when we find out someone is juicing, shaving points, etc. its a problem. Could it not come out in the end that behind the reddit and wallstreet bets is some other large hedge fund manipulating the boards to squeeze rival funds that are short? I'm paying Clarence Beeks for the crop report and cashing out.

 

[VEGASDESERT]

GME is free money on the short side IF its timed right relative to your wallet.

But ahhh, thats where wall street fucks you all the time.

Fundamentally you are correct but that doesn't mean you will make money
before the margin call breaks you.

Its actually fascinating.

 

[zghorner]

Mods please ban ^

 

[HeSaidSheSaid]

it's funny to see the media likes to run Robinhood theme with WSB GME saga (the little guys have the strength to fight off the establishment). Let's assume the Robinhood crowd can muster the synergy to launch the short squeeze. I don't think they would have the fire power to take GME to the stratosphere. I think there's been the hidden hands of big whales behind the scene who are piling in on with WSB crowd. Only the big whales could have the deep pocket to sustain the rise. Let's assume, the WSB crowd could have the buying power to push around the GME stock. Let's assume with conservative estimate that they have the buying power to buy 10 million shares of GME, at $150/share. then they'd have to have 1,500,000,000 or $1.5 billion dollars. I don't think the WSB crowd has access to $1.5B dollars.
Since Citadel and Steve Cohen have taken over the account (that's my theory . probably, it was the Citadel & Stevie team who put their sell program in overdrive today to intimidate the short sellers (by bringing stocks price down to shake out the weak retail hands to cover their short positions, but it seems it didn't work that's my theory
don't know the reason why CNBC likes to run along the story line that we should have love and sympathy for these hedge funds who sell short America , man, these are sharks, they have balls, they know what they're doing. it's the trading game. sometimes, you lose, sometimes you win, you can't win every time. just don't let emotion and greed control you, yes, it is not easy thing to do

 

[zghorner]

can i talk shit about jews here??

You’re a bum

 

[Nobert]

When did Biden issued a statement to release mentaly ill people.

 

[smallfil]

GME and AMC tanking now. Chances are good, the hedge funds who ran up GME and AMC took profits yesterday or even the day before. Rank amateur traders who piled on, some of them had huge losses as they piled on right near the top. A lot of amateur traders even now do not understand how the stockmarket works.