Anonymous wrote:Here's a thought: Sometimes both sides get ruined in a short squeeze. I bet no one told WSB that.

Stutz motors crushed the shorts when the CEO bought up its shares. However the leverage it required bankrupted him, and his creditors ended up with the company.

I notice lots of people on WSB using leverage. It's not an army of people with $500 of fun money.

Anonymous wrote:Here's a thought: Sometimes both sides get ruined in a short squeeze. I bet no one told WSB that.

Stutz motors crushed the shorts when the CEO bought up its shares. However the leverage it required bankrupted him, and his creditors ended up with the company.

I notice lots of people on WSB using leverage. It's not an army of people with $500 of fun money.

Anonymous wrote:I’m not an expert but to me it seems as these Reddit people stole money that wasn’t theirs. Smart educated people on Wall Street made informed decisions, followed the rules, and because of some deceit were victimized by what should be a level playing field. Is there anyway that the government provides reimbursement and that those responsible for chicanery are held legally liable and penalized financially?

Anonymous wrote:

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Anonymous wrote:I think I get it. These redditors think that at some point, each of them will get paid out by a short seller at highway robbery prices. Nope! it does not work that way.

You still don't get it.

Keep trying. You'll get there.

In the last week and a half, 700 million shares have changed hands. There is more than enough daily volume for the shorts to close out their positions and leave you holding the bag.

If they went short at say $15/share it is impossible for them to close out at 10x or 20x without bankrupting several hedge funds and causing a cascading effect on Wall Street. The shorts can only re-trench; they are not out of these stocks. They need them to crash down to where they were a month ago to truly get out. It's a game of chicken and this could go for a while -- especially when millions of serfs on the other side don't care if they lose. They want to stick it to the vulture capitalists. And every day and week this continues costs the hedge funds big-time vigs as they're borrowing and borrowing as this game of chicken plays out.

They have already bankrupted several hedge funds. But this game has gone international. It's only getting started.

There's too much cheap money, too many bored and angry retail traders. This is going to rewrite Wall Street.

Anonymous wrote:To answer an earlier question about pension funds that might be involved. It looks like AZ, TX, NY Teachers, AK, Knights of Columbus, and KY Teachers all have holdings. Along with TIAA and TSP.

Anonymous wrote:To answer an earlier question about pension funds that might be involved. It looks like AZ, TX, NY Teachers, AK, Knights of Columbus, and KY Teachers all have holdings. Along with TIAA and TSP.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think I get it. These redditors think that at some point, each of them will get paid out by a short seller at highway robbery prices. Nope! it does not work that way.

You still don't get it.

Keep trying. You'll get there.

In the last week and a half, 700 million shares have changed hands. There is more than enough daily volume for the shorts to close out their positions and leave you holding the bag.

If they went short at say $15/share it is impossible for them to close out at 10x or 20x without bankrupting several hedge funds and causing a cascading effect on Wall Street. The shorts can only re-trench; they are not out of these stocks. They need them to crash down to where they were a month ago to truly get out. It's a game of chicken and this could go for a while -- especially when millions of serfs on the other side don't care if they lose. They want to stick it to the vulture capitalists. And every day and week this continues costs the hedge funds big-time vigs as they're borrowing and borrowing as this game of chicken plays out.

That's the theory at least but it's only working because the people who own most of the shares are sitting on the sidelines. If they decide to unload on Monday, they will make huge profits and the redittors will have nothing.

The ETFs aren't going to sell on Monday. That's not a concern.

Like I said, that's the theory.

Of the 62 ETFs with GME, the largest are indexes. They buy and sell according to what the market does and based on whether people are moving money into or out of the ETFs.

The point is, you are speculating in a high risk-high reward scenario. You don't know what will happen, you only think you know. Good luck.

Anonymous wrote:

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think I get it. These redditors think that at some point, each of them will get paid out by a short seller at highway robbery prices. Nope! it does not work that way.

You still don't get it.

Keep trying. You'll get there.

In the last week and a half, 700 million shares have changed hands. There is more than enough daily volume for the shorts to close out their positions and leave you holding the bag.

If they went short at say $15/share it is impossible for them to close out at 10x or 20x without bankrupting several hedge funds and causing a cascading effect on Wall Street. The shorts can only re-trench; they are not out of these stocks. They need them to crash down to where they were a month ago to truly get out. It's a game of chicken and this could go for a while -- especially when millions of serfs on the other side don't care if they lose. They want to stick it to the vulture capitalists. And every day and week this continues costs the hedge funds big-time vigs as they're borrowing and borrowing as this game of chicken plays out.

That's the theory at least but it's only working because the people who own most of the shares are sitting on the sidelines. If they decide to unload on Monday, they will make huge profits and the redittors will have nothing.

The ETFs aren't going to sell on Monday. That's not a concern.

Like I said, that's the theory.

Of the 62 ETFs with GME, the largest are indexes. They buy and sell according to what the market does and based on whether people are moving money into or out of the ETFs.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think I get it. These redditors think that at some point, each of them will get paid out by a short seller at highway robbery prices. Nope! it does not work that way.

You still don't get it.

Keep trying. You'll get there.

In the last week and a half, 700 million shares have changed hands. There is more than enough daily volume for the shorts to close out their positions and leave you holding the bag.

If they went short at say $15/share it is impossible for them to close out at 10x or 20x without bankrupting several hedge funds and causing a cascading effect on Wall Street. The shorts can only re-trench; they are not out of these stocks. They need them to crash down to where they were a month ago to truly get out. It's a game of chicken and this could go for a while -- especially when millions of serfs on the other side don't care if they lose. They want to stick it to the vulture capitalists. And every day and week this continues costs the hedge funds big-time vigs as they're borrowing and borrowing as this game of chicken plays out.

That's the theory at least but it's only working because the people who own most of the shares are sitting on the sidelines. If they decide to unload on Monday, they will make huge profits and the redittors will have nothing.

The ETFs aren't going to sell on Monday. That's not a concern.

Like I said, that's the theory.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think I get it. These redditors think that at some point, each of them will get paid out by a short seller at highway robbery prices. Nope! it does not work that way.

You still don't get it.

Keep trying. You'll get there.

In the last week and a half, 700 million shares have changed hands. There is more than enough daily volume for the shorts to close out their positions and leave you holding the bag.

If they went short at say $15/share it is impossible for them to close out at 10x or 20x without bankrupting several hedge funds and causing a cascading effect on Wall Street. The shorts can only re-trench; they are not out of these stocks. They need them to crash down to where they were a month ago to truly get out. It's a game of chicken and this could go for a while -- especially when millions of serfs on the other side don't care if they lose. They want to stick it to the vulture capitalists. And every day and week this continues costs the hedge funds big-time vigs as they're borrowing and borrowing as this game of chicken plays out.

That's the theory at least but it's only working because the people who own most of the shares are sitting on the sidelines. If they decide to unload on Monday, they will make huge profits and the redittors will have nothing.

The ETFs aren't going to sell on Monday. That's not a concern.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think I get it. These redditors think that at some point, each of them will get paid out by a short seller at highway robbery prices. Nope! it does not work that way.

You still don't get it.

Keep trying. You'll get there.

In the last week and a half, 700 million shares have changed hands. There is more than enough daily volume for the shorts to close out their positions and leave you holding the bag.

If they went short at say $15/share it is impossible for them to close out at 10x or 20x without bankrupting several hedge funds and causing a cascading effect on Wall Street. The shorts can only re-trench; they are not out of these stocks. They need them to crash down to where they were a month ago to truly get out. It's a game of chicken and this could go for a while -- especially when millions of serfs on the other side don't care if they lose. They want to stick it to the vulture capitalists. And every day and week this continues costs the hedge funds big-time vigs as they're borrowing and borrowing as this game of chicken plays out.

That's the theory at least but it's only working because the people who own most of the shares are sitting on the sidelines. If they decide to unload on Monday, they will make huge profits and the redittors will have nothing.