Discussion in 'Business & Economics' started by Saint, Jan 30, 2021.
No, I don't think so.
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USD59 and falling.
hedge fund dare to short sell more?
retailers had left, they pocket money and left.
still at 53.5
(I ain't got the balls to short---I do not know how the shorters minds work.)
millions have been made, and millions have been lost
GameStop would have been a terrific short when it was at $400.
those sold at >300 made money.
Unless they bought at >300.
they bought at much lower <100, and sold >300.
make lots money.
Someone bought at 400. That would be you posting..."GME is too high at 400?".
I don't think you really understand how markets work. If no one bought >300 it would never have gone >300.
usually like all ponsy systems
the money lost must come from the working class people
and the money won must go to the upper class elitists hedge fund managers
THAT is how wall st is designed
which is why reddit club members made the point to illustrate that wall st is out of control
I see Gamestop is hovering around 49-50... rather than the 20 prior to the Reddit-based fun. I presume this is because of the financing they managed to achieve during the bubble?
I don't think it has anything to do with financing does it? There is less short interest now (I presume) and more long interest. There's still plenty of time to go lower if the overall market corrects or when the next earnings figures come out.
Sure - but I was guessing that the increased long interest is due to the financing and perceived additional time to turn the business around that it has bought them. Without the financing I wouldn't see it hovering at 50, but rather slumping back to the pre-spike quite quickly.
Did they get new financing?
I thought they did... or am I thinking of AMC??? Please Register or Log in to view the hidden image! Doh! It was AMC!!! My bad. Forget everything I said. Nothing to see here. These aren't the comments you're looking for. Move along. Move along.
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i wonder how many people bought in at 200
and are now still sitting on their 75% loss hoping it will go back up above 200
where did all the money go ?
winners gotta win
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