Reply to Robin Hood just ended trading on GameStop and AMC

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Does one assume that the hedge fund investors are diversified? That the he companies themselves could go under but that investors will still have plenty of money (albeit some amount less)?[/quote]
Yes, they should be, but many of them are not so smart and they put too many eggs in one basket.  A lot of Bernie Madoff's investors lost everything because they did that.[/quote]

I would not worry about the hedge funds.

I would worry about the guy on WSB who bought $400K worth of GME at $286 and wrote "this is game changing money for me".  Because when this stock drops back down to the true value of the company, he'll be wrecked because a bunch of redditors made him think this is a good idea. Diamond Hands!!!  [/quote]

I wouldn't worry about that redditor either.  When you gamble, you take your chances.  [/quote]

It's not being portrayed as gambling on WSB.  That's the problem.  The redditors who got in early are taking advantage of the people who get in late.  The ruse is that this is a crusade against the hedge funds and that if they all stick together, they can't lose.  They are pretending that they are all one pool working together, when they aren't.  [/quote]

They did win against the HFs.  They've already lost the HFs $19b on Gamestop shorts and $70b overall this year on shorts.  [/quote]

Nobody has won until they exit their positions and come out ahead.  Gamestop isn't remotely worth its current price.  Is it a $10 stock?  Maybe.  Is it a $20 stock, unlikely.  But it is not a $300 stock.  As soon as they declare victory and try to take their profits, a great many of them will lose most of what they put in.[/quote]

Liar liar pants on fire.  Spreading lies to attack the flies.

Gamestop was worth $300 today because demand outstripped supply.  It will not be worth that on Monday because the need to cover is no longer there.  Eyes were wide open[/quote]

Not that I mean what is the actual company worth when the stock manipulators are done?  Have you looked at their financials??[/quote]
I haven't read this entire thread, but if you're the same "fundamentals" poster who keeps talking about how the Redditors are too stupid to understand that $300 is too high of a valuation for GME...just stop. You are truly embarrassing yourself. [/quote]

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