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GameStop shares are jumping again, but short sellers aren’t backing down
2021 Jan 26, 6:54am 21,146 views 215 comments
by zzyzzx follow (9)
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5
Cash
@
2021 Jan 27, 11:03am
GameStop-Style Revolts Spread, Prompting Halt by TD Ameritrade, Nasdaq Monitoring
https://www.coindesk.com/gamestop-equity-markets-trading-halted-nasdaq
I like how the MMs totally cater to the hedge funds w/naked shorts and who knows all
but when the tide turns they turn into whinny little bitches.
https://www.coindesk.com/gamestop-equity-markets-trading-halted-nasdaq
I like how the MMs totally cater to the hedge funds w/naked shorts and who knows all
but when the tide turns they turn into whinny little bitches.
7
EBGuy
@
2021 Jan 27, 1:17pm
I was somewhat oblivious to GameStopGate until I saw this segment on Rising this morning. Hilarious, especially the rant by Jim "man of the people" Cramer. (see 4:50 below).
https://www.youtube.com/watch?v=9ToOGrUQ7ME
https://www.youtube.com/watch?v=9ToOGrUQ7ME
8
EBGuy
@
2021 Jan 27, 1:34pm
And this guy could be the next Governor of California if total recall happens.
Chamath Palihapitiya closes GameStop position, but defends investors’ right to sway stocks like pros
Wednesday on CNBC’s “Fast Money: Halftime Report,” Palihapitiya said, “I ended up closing out my position this morning, and I wanted to announce that I’m taking all the profits that I made plus my original position — I’m going to take $500,000 and I’m going to donate it.
Palihapitiya dismissed Wall Street criticism about how individual investors are banding together on social media — particularly the wallstreetbets Reddit message board, and short-squeezing GameStop and a handful of other stocks like pros — as hypocritical. He said hedge funds try to push stocks around all the time.
Chamath Palihapitiya closes GameStop position, but defends investors’ right to sway stocks like pros
Wednesday on CNBC’s “Fast Money: Halftime Report,” Palihapitiya said, “I ended up closing out my position this morning, and I wanted to announce that I’m taking all the profits that I made plus my original position — I’m going to take $500,000 and I’m going to donate it.
Palihapitiya dismissed Wall Street criticism about how individual investors are banding together on social media — particularly the wallstreetbets Reddit message board, and short-squeezing GameStop and a handful of other stocks like pros — as hypocritical. He said hedge funds try to push stocks around all the time.
Comments 1 - 8 of 215 Next » Last » Search these comments
GameStop’s short interest stands steadily at 139%, unchanged from a week
Interesting read on how a messageboard found a stock shorted at > 100% of the stock, so they decided to collectively buy the stock, hoping to make money off a short squeeze.
IMO, gambling, not investing, but I should add it to my watch list to see what happens.