Diamond Lights
Alan Hutton
as Ice Cube one said... today is a good day
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Buy the dip.
- Thread starter Danishfurniturelover
- Start date
My AML shares are finally in profit!
Danishfurniturelover
the prettiest spice girl
This is a very interesting read about GameStop
https://mavenroundtable.io/theintel...beneficial-for-bitcoin-s75lY6XPZ0OwZpyelMDhkw
https://mavenroundtable.io/theintel...beneficial-for-bitcoin-s75lY6XPZ0OwZpyelMDhkw
LutonSpurs
Eric Dear
The whole WBS vs Hedhe fund thing is crazy.
Another good read on it
Another good read on it
markysimmo
Johnny nice-tits
SpurMeUp
Les Howe
Hedge Funds are being played at their own game. They used to move the market by publicising their bets. Now individuals collectively can do the same.
Sitting on my porcelain throne using glory-glory.co.uk mobile app
Sitting on my porcelain throne using glory-glory.co.uk mobile app
Diamond Lights
Alan Hutton
Let's be clear what shorting is as well, you are aiming for the price to go down. You're effectively pushing for the price to go down, if GME went into bankruptcy, a lot of the funds would have made millions... but what of the people who work at GameStop? Nothing.
Can't complain when the market goes against you. The thing is, a lot of these hedge fund traders will simply find another job elsewhere easily enough, not gonna feel sorry for them at all.
Can't complain when the market goes against you. The thing is, a lot of these hedge fund traders will simply find another job elsewhere easily enough, not gonna feel sorry for them at all.
Funny, but questionable legality there.
Nothing wrong with grouping together to buy stock, grouping to attempt to influence the price is risky ground.
I know this is done by hedge funds all the time, but they obviously claim to not be attempting to alter the price. Openly stating it as an aim could be an issue.
Gazza Dazzla
Chris Perry
“Betting on short” (or something like that) is a Netflix doc about a hedge fund manager who short the Herbalife stock as he said it was just a pyramid scheme and should collapse. Trouble is his arch rival went against him and started propping it up!
a good watch and relevant to this latest Reddit crowd!
looks like they are moving to silver now, price up 4%, if they can do that to silver then it’s dangerous times ahead for serious trading houses trading fundamentals.
a good watch and relevant to this latest Reddit crowd!
looks like they are moving to silver now, price up 4%, if they can do that to silver then it’s dangerous times ahead for serious trading houses trading fundamentals.
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LutonSpurs
Eric Dear
The funds do it but don't say it so get away with it. The legality shouldn't be driven by whether they are open about their intentions, it is about judging the intentions based on evidence. The Hedge funds make profit by burying business by shorting, the nerdy gamblers have done the same on WSB it seems. I do not see how the law would be different because they stated their intention.
What is interesting is, that suddenly the ethics of a thing practiced for decades is a thing when the powerful folk are impacted.
I'll tell you what should be illegal - white font on a black background.
My eyes are still strobing 5 mins after reading that.
LutonSpurs
Eric Dear
Free market evangelists are really not being very free market about this. It's fukin hilarious how full of brick they are.
And I have no desire to see a market crash as I'm not an anarchist but at the same time I just find the absolute double standards of people laughable.
And I have no desire to see a market crash as I'm not an anarchist but at the same time I just find the absolute double standards of people laughable.
Danishfurniturelover
the prettiest spice girl
I love it. Am all for the power to the people. Hope to see more of it over the coming years. People taking control will always be a good thing.
Diamond Lights
Alan Hutton
Robinhood not allowing people to buy GME is farcical.
You're right, but intent is notoriously difficult to prove when it comes to conviction.
Stating publicly that it's your intent is not a great move.
LutonSpurs
Eric Dear
I'm with you on this. But prosecuting some nerds won't matter really as others will find ways of doing it quietly on Telegram and the like. And making it illegal will means the Hedge funds won't be able to do it. They are stuck.
As with all markets, some have got out in front and made a fortune whilst everyone caught up.
They'll have to move onto something else soon.
Diamond Lights
Alan Hutton
this is a big deal guys, massive. it's a free market, it's what capitalism is based on.
What we've seen is akin to you winning big on a blackjack a casino table and then they tell you, you need 22 to win instead of 21.
Will be interesting to see where things go from here, but this isn't over by a long shot. What happened yesterday is regular people were barred from trading in shares so hedge funds could continue to trade in those same shares, lower the price, and make themselves money whilst fudging over regular investors.
What we've seen is akin to you winning big on a blackjack a casino table and then they tell you, you need 22 to win instead of 21.
Will be interesting to see where things go from here, but this isn't over by a long shot. What happened yesterday is regular people were barred from trading in shares so hedge funds could continue to trade in those same shares, lower the price, and make themselves money whilst fudging over regular investors.