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Post by jay57 on Jan 27, 2021 14:34:53 GMT -5
lol their rallying cry (for real) is "we can stay retarrded longer than they can stay solvent!" fucking lulz all day
These are the kinds of shenanigans Hampur in it's heyday should have been up to...
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Post by Trades on Jan 27, 2021 14:38:30 GMT -5
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Post by jay57 on Jan 27, 2021 14:42:22 GMT -5
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Post by Trades on Jan 27, 2021 14:42:39 GMT -5
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Post by BEAC0NJET on Jan 27, 2021 15:04:07 GMT -5
lol their rallying cry (for real) is "we can stay retarrded longer than they can stay solvent!" fucking lulz all day
These are the kinds of shenanigans Hampur in it's heyday should have been up to...
Thats the thing - the financial services analysts and media are coming down on the redditors, but in reality, any group of people with money to burn could have done this. And honestly, they did it out in the open, unlike the guys in boardrooms conspiring behind closed doors. |
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Post by BEAC0NJET on Jan 27, 2021 15:05:04 GMT -5
This is a good explanation of what happened:
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Post by BEAC0NJET on Jan 27, 2021 15:06:54 GMT -5
Barstool Fund btw at $32M donations and growing. Private charity doing more to help small business than the govt. |
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Post by shakin on Jan 27, 2021 15:09:10 GMT -5
This is a good explanation of what happened: yeah, and this is the post right here that shows how the fucking cheating shitbirds are the shorts and the exchanges, not the redditors they were allowed to short MORE SHARES THAN EXISTED, creating their own unregulated bullshit derivatives market |
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Post by BEAC0NJET on Jan 27, 2021 15:11:12 GMT -5
like everything in life, this ultimately ain't gonna end well for the little guy. Fighting the 1% is like invading Russia in winter. It wont end well. |
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Post by BEAC0NJET on Jan 27, 2021 15:13:44 GMT -5
This is a good explanation of what happened: yeah, and this is the post right here that shows how the fucking cheating shitbirds are the shorts and the exchanges, not the redditors they were allowed to short MORE STOCKS THAN EXISTED, creating their own unregulated bullshit derivatives market Yeah, that jumped right out - these guys thought things would never catch up to them. |
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Post by shakin on Jan 27, 2021 15:19:13 GMT -5
yeah, and this is the post right here that shows how the fucking cheating shitbirds are the shorts and the exchanges, not the redditors they were allowed to short MORE STOCKS THAN EXISTED, creating their own unregulated bullshit derivatives market Yeah, that jumped right out - these guys thought things would never catch up to them. it's basically naked shorting, which was supposed to be illegal since 2008, but nah when megarich motherfuckers lose their shirts like just happened, fucked up things happen in response. meanwhile the redditors are digging in on gme, it's up near $350 gotta hand it to the resolve of some of those "rettahds," some of whom are sitting on a few million that was worth thousands a few days ago, and they're still holding. when the dam breaks it's gonna be interesting to watch |
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Post by BEAC0NJET on Jan 27, 2021 15:21:39 GMT -5
As Dave Portnoy said today "It ain’t no fun when the rabbit got the gun"
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Post by BEAC0NJET on Jan 27, 2021 15:23:11 GMT -5
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Post by Trades on Jan 27, 2021 15:45:07 GMT -5
Yeah, that jumped right out - these guys thought things would never catch up to them. it's basically naked shorting, which was supposed to be illegal since 2008, but nah when megarich motherfuckers lose their shirts like just happened, fucked up things happen in response. meanwhile the redditors are digging in on gme, it's up near $350 gotta hand it to the resolve of some of those "rettahds," some of whom are sitting on a few million that was worth thousands a few days ago, and they're still holding. when the dam breaks it's gonna be interesting to watch Not that I have any idea if this would work but couldnn't you "sell it short" at $350 and make a ton of money once they Redditors get bored and it drops back to $5/share? |
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Post by shakin on Jan 27, 2021 15:49:02 GMT -5
it's basically naked shorting, which was supposed to be illegal since 2008, but nah when megarich motherfuckers lose their shirts like just happened, fucked up things happen in response. meanwhile the redditors are digging in on gme, it's up near $350 gotta hand it to the resolve of some of those "rettahds," some of whom are sitting on a few million that was worth thousands a few days ago, and they're still holding. when the dam breaks it's gonna be interesting to watch Not that I have any idea if this would work but couldnn't you "sell it short" at $350 and make a ton of money once they Redditors get bored and it drops back to $5/share? some of the hedge funds kept doubling down as the price went up, shorting more digging themselves deeper (MASSIVELY deeper) while hoping for just that. then the margin calls started coming in, none of the redditors would sell, and the funds were FUCKED. consider that the price was absolutely fucking mind-blowing at $150 -- and now it's sitting around $350. uncharted waters here |
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