patrick.net
An Antidote to Corporate Media
1,364,564 comments by 15,736 users - RandalRay, rocketjoe79 online now
GameStop shares are jumping again, but short sellers aren’t backing down
2021 Jan 26, 6:54am 21,240 views 215 comments
by zzyzzx follow (9)
Comments 1 - 15 of 215 Next » Last » Search these comments
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.
9
richwicks
@
2021 Jan 27, 2:05pm
richwicks
@
2021 Jan 27, 2:05pm
EBGuy says
Well, this is true.
It's illegal - but it's true.
SEC are about as useful as tits on a bull. I've not seen enforcement in years in commodity markets, even when proof of malfeasance.
He said hedge funds try to push stocks around all the time.
Well, this is true.
It's illegal - but it's true.
SEC are about as useful as tits on a bull. I've not seen enforcement in years in commodity markets, even when proof of malfeasance.
10
EBGuy
@
2021 Jan 27, 3:31pm
This is an epic rant...
.@cvpayne On GameStop Stock Market Drama
— The Columbia Bugle 🇺🇸 (@ColumbiaBugle) January 27, 2021
"All of this whining by Wall Street it's making me sick."
"I didn't hear one person on tv complaining about Wall Street trying to crush GameStop." pic.twitter.com/wz5ou75Pgm
11
fdhfoiehfeoi
@
2021 Jan 27, 4:43pm
fdhfoiehfeoi
@
2021 Jan 27, 4:43pm
Markets are reeling. And here's why. ALL stocks are rigged, and now the globalist manipulators know that we know. If this thing spreads, we aren't talking a small drop, we aren't even talking just a market crash. We are talking central bank OBLITERATION!
Revolution just got fucking real.
Revolution just got fucking real.
12
Booger
@
2021 Jan 27, 6:07pm
Booger
@
2021 Jan 27, 6:07pm
Multiple people mentioning that they are unable to log into their brokerage account or only able to close positions in GameStop.
13
Booger
@
2021 Jan 27, 6:14pm
Booger
@
2021 Jan 27, 6:14pm
https://www.theverge.com/2021/1/27/22253251/discord-bans-the-r-wallstreetbets-server
Discord bans the r/WallStreetBets server
It was banned following repeated warnings for allowing hate speech
Discord bans the r/WallStreetBets server
It was banned following repeated warnings for allowing hate speech
14
Patrick
@
2021 Jan 27, 6:16pm
Patrick
@
2021 Jan 27, 6:16pm
Cash says
Please use twitter.com instead of twitter.com in urls. Works the same, but helps deprive Twitter of some power. Or I could automate this.
OK, so now I understand.
https://twitter.com/i/status/1354204713605099521
Please use twitter.com instead of twitter.com in urls. Works the same, but helps deprive Twitter of some power. Or I could automate this.
KFC
@KFCBarstool
Jan 26
If you’re dumb like I am, here’s a quick 5 minute explanation of what’s happening with GameStop and Wall Street $GME. The Robinhood Reddit bros are making millions and essentially took out an entire hedge fund. David vs Goliath. POWER OF THE INTERNET
OK, so now I understand.
15
Patrick
@
2021 Jan 27, 6:18pm
Patrick
@
2021 Jan 27, 6:18pm
Cash says
https://twitter.com/i/status/1354204713605099521 is better.
https://twitter.com/i/status/1354204713605099521
https://twitter.com/i/status/1354204713605099521 is better.
Comments 1 - 15 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.