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How Reddit Brought A Multi-Billion Dollar Hedge Fund To It's Knees
01-27-2021, 01:58 PM
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#511
- Dan_S
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- Dan_S
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Also, that image posted earlier today about AMCX, it appears to be fake. AMC is the one with the high float. So invest away, and screw the elites!
High Short Interest Stocks

High Short Interest Stocks

01-27-2021, 01:59 PM
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#512
- ErnieMccracken
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Originally Posted By ooph⏩
No that's poverty time, cuz. Maybe ok if it's your first job or intern wage or something.damn I'm only $2.5k/day. Do I fit the CEO status yet
01-27-2021, 02:00 PM
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#513
- AltarOfPlagues
- yerrrrrrrr meh?
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- AltarOfPlagues
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Originally Posted By ErnieMccracken⏩
tsla lost nearly a billion dollars in 2019.Fundamentally, GME is a $1 stock and will revert to the mean eventually lol.
a stock on the stock market does not have fundamental value. it has market value.

do not read my posts and weep, i am not there i do not sleep
i am the thousand greens that rep, i am the ban bet dutifully kept
of memes and trolls in toasted breads, i am not there, i am not dead.
01-27-2021, 02:00 PM
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#514
- luckyboy23
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- luckyboy23
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Originally Posted By ErnieMccracken⏩
A shoe shiner in the basement bathroom of Caesar's Palace in Vegas earns more than you. Sad!Now go home and get your fukkin shine box.
01-27-2021, 02:01 PM
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#515
- Skezo
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- Skezo
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Originally Posted By Destor⏩
Depends on the fund. Medallion fund returns are goat. It has been closed to outside money for years though.Brah I’m pretty sure hedge funds don’t even significantly outperform a major index like the S&P 500 over the long term, and they’re charging insane fees along the way
01-27-2021, 02:02 PM
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#516
- BetaAsPhuck
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- BetaAsPhuck
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LOL! Brah goes in on Fox Business about Hedge Funds shorting and destroying company stocks, and how hypocritical it is that some people only care when Hedge Funds are getting destroyed by retail...
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621
The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851
Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
01-27-2021, 02:02 PM
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#517
- ErnieMccracken
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Originally Posted By AltarOfPlagues⏩
Yeah meme stocks can stay irrational longer than I can stay solvent, but the money reaper will come calling someday unless they have megahuge hockey stick style growth.tsla lost nearly a billion dollars in 2019.
a stock on the stock market does not have fundamental value. it has market value.
a stock on the stock market does not have fundamental value. it has market value.
01-27-2021, 02:04 PM
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#518
- ErnieMccracken
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Originally Posted By Skezo⏩
Also worth noting that 80% of hedge funds do not beat the market, so it can be a real crapshoot unless you have inside information.Depends on the fund. Medallion fund returns are goat. It has been closed to outside money for years though.
01-27-2021, 02:06 PM
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#519
01-27-2021, 02:08 PM
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#520
Originally Posted By Dan_S⏩
Yeah, we knew this whilst that rootcon guy confused people and then doubled down on it.Also, that image posted earlier today about AMCX, it appears to be fake. AMC is the one with the high float. So invest away, and screw the elites!
High Short Interest Stocks

High Short Interest Stocks

01-27-2021, 02:10 PM
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#521
- AltarOfPlagues
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- AltarOfPlagues
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Originally Posted By ErnieMccracken⏩
the truth is since dotcom its been memes all along. thats why even big funds dont beat snp. analytics is cope.Yeah meme stocks can stay irrational longer than I can stay solvent, but the money reaper will come calling someday unless they have megahuge hockey stick style growth.
do not read my posts and weep, i am not there i do not sleep
i am the thousand greens that rep, i am the ban bet dutifully kept
of memes and trolls in toasted breads, i am not there, i am not dead.
01-27-2021, 02:11 PM
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#522
- Destor
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- Destor
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Originally Posted By ErnieMccracken⏩
So we're arguing that hedge funds steal money from the middle class or whatever, yet you could mindlessly stick your money into the S&P 500 and likely come out positive in the end because no feesAlso worth noting that 80% of hedge funds do not beat the market, so it can be a real crapshoot unless you have inside information.
In reality, hedge funds are actually fukking over their fat cat clients who are paying obscene $$$ for active management that produces nothing of value in the end
01-27-2021, 02:15 PM
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#523
- MiscInformed
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- MiscInformed
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Originally Posted By Jasonw1178⏩
Yep!Ins't the stock going to crash suddenly when everyone bails out?
The goal is not to be #97 or #21 when it happens.

"Buy a man eat fish, the day, teach man, to lifetime." - Joe Biden
2022 New Year's Resolution: Randomly neg TheScapeGOAT for lulz.
01-27-2021, 02:16 PM
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#524
- JayCutler6
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- JayCutler6
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you guys fundamentally dont understand hedge funds. they are much less aggressive investing because rich peoples' primary goal is to preserve capital not grow it. when youre worth 100mil, youre not shooting for 15%/yr you just want to beat inflation while being defensive.
01-27-2021, 02:19 PM
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#525
- AltarOfPlagues
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- AltarOfPlagues
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[QUOTE=MiscInformed post_id=1629862403]Yep!
The goal is not to be #97 or #21 when it happens.
[img]https://i.gifer.com/P9NM.gif[/ig][/QUOTE]these guys dont care they have 600 stimmy invested they are purposefully buying at the peak for the lols.
edit
[QUOTE]I do not think this theory really applies to GameStop. It has all the prices at once. If you halt GameStop for going up too much, people are just going to hang out on Reddit talking it up more until it reopens. Or the other way: Between 10:45 and 11:15 yesterday, GameStop fell from $159.18 to $88.09, with four trading halts along the way. When the stock plummeted from $159.18 to $132.32, and then was halted for five minutes, nobody said “oh wow this $159 stock is trading at $132, what a bargain, I’d better jump in.” Those concepts mean nothing now.
Here (via Robin Wigglesworth) is a post on Reddit’s r/wallstreetbets forum asking “Can I get a flair for buying GME at the literal top ($155.29)?” (It was not the literal top, but close.) “This is the way,” a chorus of redditors replied.[b]It is a way! Gleefully getting top-ticked on a stock—buying it at its highest price ever and then bragging about it as the price collapses—in order to earn the strange respect of your friends on Reddit: That is a thing you can do.[/b]You might enjoy it. I am not going to say it is irrational; people have spent their money on worse things. But it is not the sort of rationality that the stock market is set up for. “When stock prices get too high, sensible value motives will take over”: Nope.[/QUOTE][URL=https://www.bloomberg.com/opinion/articles/2021-01-26/will-wallstreetbets-face-sec-scrutiny-after-gamestop-rally]https://www.bloomberg.com/opinion/ar...gamestop-rally[/URL]
The goal is not to be #97 or #21 when it happens.
[img]https://i.gifer.com/P9NM.gif[/ig][/QUOTE]these guys dont care they have 600 stimmy invested they are purposefully buying at the peak for the lols.
edit
[QUOTE]I do not think this theory really applies to GameStop. It has all the prices at once. If you halt GameStop for going up too much, people are just going to hang out on Reddit talking it up more until it reopens. Or the other way: Between 10:45 and 11:15 yesterday, GameStop fell from $159.18 to $88.09, with four trading halts along the way. When the stock plummeted from $159.18 to $132.32, and then was halted for five minutes, nobody said “oh wow this $159 stock is trading at $132, what a bargain, I’d better jump in.” Those concepts mean nothing now.
Here (via Robin Wigglesworth) is a post on Reddit’s r/wallstreetbets forum asking “Can I get a flair for buying GME at the literal top ($155.29)?” (It was not the literal top, but close.) “This is the way,” a chorus of redditors replied.[b]It is a way! Gleefully getting top-ticked on a stock—buying it at its highest price ever and then bragging about it as the price collapses—in order to earn the strange respect of your friends on Reddit: That is a thing you can do.[/b]You might enjoy it. I am not going to say it is irrational; people have spent their money on worse things. But it is not the sort of rationality that the stock market is set up for. “When stock prices get too high, sensible value motives will take over”: Nope.[/QUOTE][URL=https://www.bloomberg.com/opinion/articles/2021-01-26/will-wallstreetbets-face-sec-scrutiny-after-gamestop-rally]https://www.bloomberg.com/opinion/ar...gamestop-rally[/URL]
do not read my posts and weep, i am not there i do not sleep
i am the thousand greens that rep, i am the ban bet dutifully kept
of memes and trolls in toasted breads, i am not there, i am not dead.
01-27-2021, 02:20 PM
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#526
- ErnieMccracken
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Originally Posted By Destor⏩
On the surface, yes, but remember a lot of hedge funds roll up to conglomerates that are "too big to fail." So they gamble gamble, and when they lose, guess who gets to bail them out? e.g. JP Morgan owns a bunch of companies ($150B worth) in their "alternative investments" group.So we're arguing that hedge funds steal money from the middle class or whatever, yet you could mindlessly stick your money into the S&P 500 and likely come out positive in the end because no fees
In reality, hedge funds are actualkly fukking over their fat cat clients who are paying obscene fees for active management that produces nothing of value in the end
In reality, hedge funds are actualkly fukking over their fat cat clients who are paying obscene fees for active management that produces nothing of value in the end
The Volcker rule tried to stop some of the shenanigans after the last time we paid for all these ass hats, but of course, when you're a billionaire there is always a way around it.
01-27-2021, 02:20 PM
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#527
- AltarOfPlagues
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- AltarOfPlagues
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Originally Posted By JayCutler6⏩
i would imagine literally everyone understands that.you guys fundamentally dont understand hedge funds. they are much less aggressive investing because rich peoples' primary goal is to preserve capital not grow it. when youre worth 100mil, youre not shooting for 15%/yr you just want to beat inflation while being defensive.
do not read my posts and weep, i am not there i do not sleep
i am the thousand greens that rep, i am the ban bet dutifully kept
of memes and trolls in toasted breads, i am not there, i am not dead.
01-27-2021, 02:27 PM
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#528
01-27-2021, 02:31 PM
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#529
- BetaAsPhuck
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- BetaAsPhuck
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Originally Posted By nn586⏩
well said by that brah
Yeah, he and Chamath articulate things well.
well said by that brah
Youtube version of that Tweet for people who don't want to watch it on Twitter...
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621
The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851
Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
01-27-2021, 02:32 PM
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#530
- AltarOfPlagues
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- AltarOfPlagues
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this is crazy

do not read my posts and weep, i am not there i do not sleep
i am the thousand greens that rep, i am the ban bet dutifully kept
of memes and trolls in toasted breads, i am not there, i am not dead.
01-27-2021, 02:35 PM
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#531
01-27-2021, 02:35 PM
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#532
01-27-2021, 02:40 PM
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#533
01-27-2021, 02:40 PM
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#534
01-27-2021, 02:40 PM
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#535
- mr.left hook
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- mr.left hook
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Originally Posted By AltarOfPlagues⏩
Lol didn't they Ban this Fool ? he is only allowed to write with Crayonsthis is crazy

MR.PHF '09
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'Cause I went from negative to positive
And it's allGood..."
"friends come and go but enemies accumulate"
< H.T.C Till I D.I.E >
"Zero tolerance Crew" ZERO, NADA !!!!
01-27-2021, 02:41 PM
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#536
- PenorBrahNoHomo
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- PenorBrahNoHomo
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Originally Posted By VinnyPazRules⏩
Just made £8k in a dayWhat good is it if people aren't cashing out and the stock is going to go down again? Who's actually walked away with money?
01-27-2021, 02:43 PM
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#537
- AltarOfPlagues
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- AltarOfPlagues
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Originally Posted By VinnyPazRules⏩
money?What good is it if people aren't cashing out and the stock is going to go down again? Who's actually walked away with money?
do not read my posts and weep, i am not there i do not sleep
i am the thousand greens that rep, i am the ban bet dutifully kept
of memes and trolls in toasted breads, i am not there, i am not dead.
01-27-2021, 02:58 PM
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#538
- Gizzyhardcore
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- Gizzyhardcore
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Originally Posted By samsbolton⏩
says the guy who can't do a basic ROI calculationThe terms of that line of credit will be worse for buyer or seller if their stock is under pressure
Just belt up already, you have no clue what you are talking about
Just belt up already, you have no clue what you are talking about
Go back to your min wage job and playing golf you balding *******
01-27-2021, 03:09 PM
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#539
Originally Posted By Bluku⏩
Go check the short interest yourselfhttps://www.marketbeat.com/stocks/NA...hort-interest/Yeah, we knew this whilst that rootcon guy confused people and then doubled down on it.
https://www.marketbeat.com/stocks/NY...hort-interest/
Chart is not fake.

or
https://www.marketwatch.com/story/ch...st-11611777492
01-27-2021, 03:36 PM
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#540
- FrankCostanza
- Serenity Now!
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- FrankCostanza
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Originally Posted By Jaydawg08⏩
that guy probably worth 10mm+ from the get go. if he's stupid and invested everything he needs to get out now. 40 mm even before taxes is life changing.Lol one of the original Redditors who invested 50k into GME has hit it BIIIIIGGGG


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