Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:The need to cover is still very much there. It is impossible that all the shorts got out.
This is the question. What is the true answer?
The original shorts mostly got out this week at huge losses. A new group of shorts bought in at these high prices betting on the collapse. The reddittors are saying that if nobody sells, the current shorts will still lose their shirts when they are forced to cover. I'm not sure if they are aware that the current shorts shorted at $300 a share, not $4.
In a game of chicken between a handful of HFs and redditors+the whole world (retail investors worldwide are getting in on this), with interest rates at zero, with lots of money and lots of time/boredom, do you really think the short sellers are going to win this?
When someone shorts at $4 or 10, pushing them up $300/share is a lot of pain. Pushing a $300/share stock up another 300 is not a lot of pain.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:The need to cover is still very much there. It is impossible that all the shorts got out.
This is the question. What is the true answer?
The original shorts mostly got out this week at huge losses. A new group of shorts bought in at these high prices betting on the collapse. The reddittors are saying that if nobody sells, the current shorts will still lose their shirts when they are forced to cover. I'm not sure if they are aware that the current shorts shorted at $300 a share, not $4.
In a game of chicken between a handful of HFs and redditors+the whole world (retail investors worldwide are getting in on this), with interest rates at zero, with lots of money and lots of time/boredom, do you really think the short sellers are going to win this?
Anonymous wrote:The need to cover is still very much there. It is impossible that all the shorts got out.
Anonymous wrote:Anonymous wrote:Anonymous wrote:The need to cover is still very much there. It is impossible that all the shorts got out.
This is the question. What is the true answer?
The original shorts mostly got out this week at huge losses. A new group of shorts bought in at these high prices betting on the collapse. The reddittors are saying that if nobody sells, the current shorts will still lose their shirts when they are forced to cover. I'm not sure if they are aware that the current shorts shorted at $300 a share, not $4.
Anonymous wrote:Anonymous wrote:The need to cover is still very much there. It is impossible that all the shorts got out.
This is the question. What is the true answer?
and less than 10. So everyone suckers into buying higher will lose unless they get out first. Meanwhile the entire Reddit is Diamond Hands!!!Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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)?
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.
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!!!
I wouldn't worry about that redditor either. When you gamble, you take your chances.
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.
They did win against the HFs. They've already lost the HFs $19b on Gamestop shorts and $70b overall this year on shorts.
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.
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
Not that I mean what is the actual company worth when the stock manipulators are done? Have you looked at their financials??
It's worth more than $4.
yes and he says this has gone way beyond what he intended. To wit the war against the shorts. Stop shilling fir them.Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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)?
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.
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!!!
I wouldn't worry about that redditor either. When you gamble, you take your chances.
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.
One of the earliest players is Keith Gill. He has been interviewed by the Wall Street Jounal. Go listen to the interview and stop spreading lies.
He is very clear that his goal was to make money.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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)?
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.
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!!!
I wouldn't worry about that redditor either. When you gamble, you take your chances.
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.
They did win against the HFs. They've already lost the HFs $19b on Gamestop shorts and $70b overall this year on shorts.
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.
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
Not that I mean what is the actual company worth when the stock manipulators are done? Have you looked at their financials??
Anonymous wrote:The need to cover is still very much there. It is impossible that all the shorts got out.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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)?
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.
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!!!
I wouldn't worry about that redditor either. When you gamble, you take your chances.
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.
They did win against the HFs. They've already lost the HFs $19b on Gamestop shorts and $70b overall this year on shorts.
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.
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
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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)?
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.
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!!!
I wouldn't worry about that redditor either. When you gamble, you take your chances.
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.
They did win against the HFs. They've already lost the HFs $19b on Gamestop shorts and $70b overall this year on shorts.
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.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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)?
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.
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!!!
I wouldn't worry about that redditor either. When you gamble, you take your chances.
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.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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)?
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.
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!!!
I wouldn't worry about that redditor either. When you gamble, you take your chances.
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.
They did win against the HFs. They've already lost the HFs $19b on Gamestop shorts and $70b overall this year on shorts.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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)?
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.
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!!!
I wouldn't worry about that redditor either. When you gamble, you take your chances.
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.