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Forum » How Reddit Brought A Multi-Billion Dollar Hedge Fund To It's Knees
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Thread: How Reddit Brought A Multi-Billion Dollar Hedge Fund To It's Knees

post 1629921773 01-28-2021, 08:27 AM
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#811
  1. Scarrdbutsmartr
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Originally Posted By AltarOfPlagues⏩
the stock will fluctuate between 600-1200 for a few months until its majority share holders can gather themselves and form a legitimate and very well funded gamestop 2.0
You do not have a crystal ball, nor do I. For all we know this could tank tomorrow...

Everyone is going to dump this stock like a rock (just like bitcoin) when persistent sell off occurs.

...and the idea that more money is what is needed to solve game stop issues is LOL. From what I've seen and read they have a leadership issue and MO MONEY isnt going to float that sinking boat.
post 1629921793 01-28-2021, 08:28 AM
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#812
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GME peaked at 482 there for a lil and I thought for it was gonna moon past 500 within the hour. Very interesting seeing all these restrictions yet people continuing to hold. I'm excited for the documentary and to see how this all ends

post 1629921853 01-28-2021, 08:28 AM
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#813
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Originally Posted By JeepBruh⏩
Why is the excuse "to protect people" almost always used to screw the masses over?
Extremely old tactic. When they were loading the jews into train cars to be executed, they kept telling them, "it's for your own protection". and they believed it.
post 1629921863 01-28-2021, 08:28 AM
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#814
  1. AltarOfPlagues
  2. yerrrrrrrr meh?
  1. AltarOfPlagues
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Originally Posted By Scarrdbutsmartr⏩
You do not have a crystal ball, nor do I.
neither do you debbie downer go fuk up a different thread buzz killington jesus christ.

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.
post 1629921883 01-28-2021, 08:28 AM
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#815
  1. Thai_Clinch
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so what should we be buying this morning boyos
Buccaneers/Lightning/Rays/The U

"Strength does not come from winning. Your struggles develop your strengths. When you go through hardships and decide not to surrender, that is strength." - Arnold
post 1629921983 01-28-2021, 08:30 AM
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#816
  1. eatmycrackers
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Originally Posted By FrankCostanza⏩
only if they sell right now
GME acquires every player in the space in all-stock deals... profit?!!?

Lol I have a friend who was high up at GME in management he said everyone over there is really happy right now srs
Posts are for fun, not to be taken seriously or as truth.

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post 1629922063 01-28-2021, 08:31 AM
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#817
  1. Scarrdbutsmartr
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Originally Posted By AltarOfPlagues⏩
neither do you debbie downer go fuk up a different thread buzz killington jesus christ.
LOL I've been in the market for over 30 years. I've made money and I've taken a bath. I've grown wise enough to avoid "the buzz" and look at things from a financial/risk perspective.

If you need a hype echo chamber, maybe the misc (that invites conversation and different ideas) isnt the place to expect everyone to be on the same hype train.
post 1629922143 01-28-2021, 08:32 AM
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#818
  1. Soonerjohn
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Originally Posted By LtGoose⏩
LinuxJohn aka cat brah
Thanks! Need to rep him on recharge. He took some flak in that thread. His reasoning was sound and this situation wasn't accounted for, but he was correct regardless.
post 1629922313 01-28-2021, 08:34 AM
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#819
  1. FrankCostanza
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Originally Posted By AltarOfPlagues⏩
that doesnt make sense frank. if you sell your stake in a company you are not a part of the company any more are you.
companies hold shares of their own company. they sell it to have cashflow to buy and pay for things. i dont think any company wants gme stock in a buy out.
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post 1629922453 01-28-2021, 08:36 AM
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#820
  1. AltarOfPlagues
  2. yerrrrrrrr meh?
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Originally Posted By Scarrdbutsmartr⏩
LOL I've been in the market for over 30 years. I've made money and I've taken a bath. I've grown wise enough to avoid "the buzz" and look at things from a financial/risk perspective.

If you need a hype echo chamber, maybe the misc ( that invites conversation and different ideas) isnt the place to expect everyone to be on the same hype train.
yes the misc is for measured discussion of legitimate value investing and not a place for gay retards you are right.

you are definitely right about that.
Originally Posted By FrankCostanza⏩
companies hold shares of their own company. they sell it to have cashflow to buy and pay for things. i dont think any company wants gme stock in a buy out.
yes there is are things that would have to happen first.
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.
post 1629922513 01-28-2021, 08:37 AM
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#821
  1. Beararms
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Missed the bitcoin train and missed this one.. Damnit I need to start taking this stuff serious.
post 1629922533 01-28-2021, 08:37 AM
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#822
  1. roughinhouse
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fuark losing a **** ton with amc and bb atm. Whys it dying?
post 1629922563 01-28-2021, 08:37 AM
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#823
  1. FrankCostanza
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Originally Posted By eatmycrackers⏩
GME acquires every player in the space in all-stock deals... profit?!!?

Lol I have a friend who was high up at GME in management he said everyone over there is really happy right now srs
man i bet! working a chit job with stock options that go from chit to able to buy a house over night lol
I'm not here for rage. I'm here for revenge!
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post 1629922653 01-28-2021, 08:39 AM
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#824
  1. Scarrdbutsmartr
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Originally Posted By AltarOfPlagues⏩
yes the misc is for measured discussion of legitimate value investing and not a place for gay retards you are right.

you are definitely right about that.

Yea, because discussing the risk potential on a highly likely pump and dump stock isnt legitimate...Ok.


Its clear you are emotional and or financially invested in this topic so lets just avoid each other, square deal?
post 1629922693 01-28-2021, 08:39 AM
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#825
  1. Dirtymanjames
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Originally Posted By roughinhouse⏩
fuark losing a **** ton with amc and bb atm. Whys it dying?
Because Robin Hood blocked ability to buy those
post 1629922713 01-28-2021, 08:39 AM
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#826
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Any interest in GoPro? Used to be 90 bucks, now in 9-10s
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post 1629922793 01-28-2021, 08:40 AM
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#827
  1. JStrez
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Originally Posted By tendies⏩
Tried to tell these guys that yesterday...

By the way, the guy who predicted this is not Deep****ingValue from Reddit. It is Michael Burry, the same guy who predicted the housing bubble collapse in 2008 (the guy from The Big Short). The guy from Reddit is up tens of millions. Michael Burry is up hundreds of millions on this play.
They limited the average novice trader from trying to make a buck by blocking trading of GME and all the WSB stocks. This coupled with the obvious bullchit articles of "we already covered our losses" to make the average trader want to sell, thus bailing out the suits. If everyone holds the line then it will just keep going up and up. The other stocks were relatively small and likely were covered, but GME is the elephant in the room here. The other stocks were going to prevent other people from buying into GME so the suits could make their money.

Any way you slice this, it will make one hell of a story or movie one day. The suits got greedy and lost at their own game. With the obvious blocking and interference, I'm guessing this largely blows over by tomorrow. Then likely they will prevent something like this from happening ever again. It wouldn't of worked if Reddit WSB idiots didn't band together like this. I'm sure some new regulations will come into account to prevent this from happening ever again.

TL/DR: The suits can only win if we sell since you largely can't buy anymore, but with the panic going around right now I'm sure a lot of people will end up selling today. A lot of peeps will probably lose money today, probs a few grand since the major GME holders on WSB's will likely sell their shares sending everything tumbling.
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post 1629923013 01-28-2021, 08:43 AM
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#828
  1. AltarOfPlagues
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Originally Posted By Scarrdbutsmartr⏩
Yea, because discussing the risk potential on a highly likely pump and dump stock isnt legitimate...Ok.


Its clear you are emotional and or financially invested in this topic so lets just avoid each other, square deal?
you're not understanding my sarcasm hows that possible

this is a thread for gay retards to lose money on purpose to see what happens.

i have kids i have 180 bands in acorn shiit i have zero shares of fukking gamestop. i am bored.
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.
post 1629923023 01-28-2021, 08:43 AM
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#829
  1. Dirtymanjames
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How can anyone ever trust any government or corporation after all this is?
post 1629923143 01-28-2021, 08:45 AM
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#830
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Originally Posted By Dirtymanjames⏩
Because Robin Hood blocked ability to buy those
Whether you believe it or not, they're trying to protect inexperienced retail investors from buying bags from early adopters


This is not gonna end well for a lot of retail investors, and that's exactly what the regulators don't want. They want new participants and as many people in the markets as possible. If people come in as total newbies, sign up on Robinhood and buy these stonks at insane prices then proceed to lose all their money, they'll be turned off from participating again
post 1629923163 01-28-2021, 08:45 AM
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#831
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Dodgecoin is up a lot


Currently can’t buy more, thanks Robinhood
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post 1629923173 01-28-2021, 08:45 AM
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#832
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Thank god I invested in NOK this morning instead of BB or AMC. NOK is still a good investment long term to make.
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post 1629923203 01-28-2021, 08:45 AM
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#833
  1. FrankCostanza
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has this ever happened before due to wallstreet bets?
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post 1629923263 01-28-2021, 08:46 AM
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#834
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Originally Posted By roughinhouse⏩
fuark losing a **** ton with amc and bb atm. Whys it dying?
Blatant manipulation. Instead of locking down trading completely they only locked the ability to buy; this creates unnatural downward sell pressure.

Can't even buy the dip.
post 1629923313 01-28-2021, 08:46 AM
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#835
  1. Dirtymanjames
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Originally Posted By Destor⏩
Whether you believe it or not, they're trying to protect inexperienced retail investors from buying bags from early adopters


This is not gonna end well for a lot of retail investors, and that's exactly what the regulators don't want. They want new participants and as many people in the markets as possible. If people come in as total newbies, sign up on Robinhood and buy these stonks at insane prices then proceed to lose all their money, they'll be turned off from participating again
All this will do is lose Robin Hood boat loads of business
post 1629923393 01-28-2021, 08:47 AM
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#836
  1. Jaydawg08
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Ahhh chit GME taking a hit lol
post 1629923413 01-28-2021, 08:47 AM
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#837
  1. roughinhouse
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Originally Posted By entropy91⏩
Blatant manipulation. Instead of locking down trading completely they only locked the ability to buy; this creates unnatural downward sell pressure.

Can't even buy the dip.
what a fkin scam I dont understand how this is legal.
post 1629923423 01-28-2021, 08:48 AM
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#838
  1. Antonio519
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Originally Posted By roughinhouse⏩
fuark losing a **** ton with amc and bb atm. Whys it dying?
Just hold, it'll go back up, people are probably taking money out of robinhood and going to other platforms
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post 1629923443 01-28-2021, 08:48 AM
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#839
  1. eatmycrackers
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Originally Posted By Dirtymanjames⏩
How can anyone ever trust any government or corporation after all this is?
The question is now how can you but rather “why would you ever?”
Posts are for fun, not to be taken seriously or as truth.

Angie Varona Appreciation Club Founder
post 1629923543 01-28-2021, 08:49 AM
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#840
  1. RWC5113
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Originally Posted By Destor⏩
Whether you believe it or not, they're trying to protect inexperienced retail investors from buying bags from early adopters


This is not gonna end well for a lot of retail investors, and that's exactly what the regulators don't want. They want new participants and as many people in the markets as possible. If people come in as total newbies, sign up on Robinhood and buy these stonks at insane prices then proceed to lose all their money, they'll be turned off from participating again
Canada really must be a very nice place for someone to have such a blissful mindset.
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