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Joined: Oct 25 2006
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Jan 31 2021 11:45pm
Noticed a lot of people on Reddit shilling for the hedge funds.

Saying that Citron and the like aren't actually doing poorly and they didn't actually have a net short position. I don't believe it. Even if they initially didn't have a net short position once the stock explodes to 50x its initial value and the interest rate goes up it damn well created one. They're paying many times their expected interest rate, so a net neutral position initially would be losing a ton of money right now. Also saying that it would be trivial for them to exit, which is also ridiculous with 120% shares shorted. Also saying that puts are counted in the short shares, which I can't find a single source to back up.

I don't believe what they're saying. There's lots of big money / smart money now on the side of the WSB people posting positions. If the stuff was this easy to debunk it would have been done already, and we wouldn't be seeing institutions freaking the fuck out. We wouldn't be seeing hedge fund CEOs going on CNBC and freaking out, we wouldn't be seeing any number of things happening that we are definitely seeing.

Or.... they are right and there's actually something in the background causing them to freak out that isn't directly related to the short position. What that might be, I have no idea. Probably a simpler conclusion to just say that institutions are shorted to hell on GME since it's all public information rather than posit some shady conspiracy in the background.

This post was edited by Thor123422 on Jan 31 2021 11:57pm
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Feb 1 2021 03:40am
wsb got a hold of xrp huh. prepare for another glorious week shortlord hodlers
Member
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Feb 1 2021 07:17am
Quote (thesnipa @ Jan 29 2021 11:21am)
ETH, BTC, and DOGE all ready to make a huge pump. thank god RH allows incremental investment in cryptos, that means all will pump at the same time even if one outperforms the others. DOGE highest chance to spike due to memery but im sure all will pump.


or not
Member
Posts: 53,368
Joined: Sep 2 2004
Gold: 57.00
Feb 1 2021 07:50am
Quote (thesnipa @ 1 Feb 2021 08:17)
or not

lol when you say buy i sell. im driving lambo to mars right now
Member
Posts: 92,984
Joined: Dec 31 2007
Gold: 2,299.94
Feb 1 2021 07:56am
Quote (excellence @ Feb 1 2021 07:50am)
lol when you say buy i sell. im driving lambo to mars right now


ahahahahah ya...... all the signs were there i tell you! memers, dreamers, and schemers.
Member
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Joined: Oct 25 2006
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Feb 1 2021 08:26am
Quote (excellence @ Feb 1 2021 07:50am)
lol when you say buy i sell. im driving lambo to mars right now


PUMP MY DOGE DAMN IT
Member
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Joined: Dec 21 2007
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Feb 1 2021 08:56am
ugh almost every stock associated with the "movement" is eating shit atm.
BB
GME
AMC
NOK is sort of hanging on the am.
Member
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Feb 1 2021 08:59am
Quote (theCrossbones @ Feb 1 2021 09:56am)
ugh almost every stock associated with the "movement" is eating shit atm.
BB
GME
AMC
NOK is sort of hanging on the am.


Should of expected it honestly. People expected a massive squeeze what people don't understand is that most of these shares are held by institutions like Blackrock who can lend these shares to shorts for a fat premium.

This post was edited by ofthevoid on Feb 1 2021 08:59am
Member
Posts: 64,763
Joined: Oct 25 2006
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Feb 1 2021 09:07am
Quote (theCrossbones @ Feb 1 2021 08:56am)
ugh almost every stock associated with the "movement" is eating shit atm.
BB
GME
AMC
NOK is sort of hanging on the am.


Quote (ofthevoid @ Feb 1 2021 08:59am)
Should of expected it honestly. People expected a massive squeeze what people don't understand is that most of these shares are held by institutions like Blackrock who can lend these shares to shorts for a fat premium.


Not worried.

Add BB at a lower cost. Good long-term.

GME went down to 240 on Friday. 275 not concerning.
Member
Posts: 27,048
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Gold: 14,569.69
Feb 1 2021 09:12am
Quote (Thor123422 @ Feb 1 2021 07:07am)
Not worried.

Add BB at a lower cost. Good long-term.

GME went down to 240 on Friday. 275 not concerning.


I'm staying in.. I actually thought today would be an up day. Should be lots of people on board to stick to the man..
the man has a lot of money obviously. LOL
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