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How Reddit Brought A Multi-Billion Dollar Hedge Fund To It's Knees
01-31-2021, 03:14 PM
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#1411
- HairyWBush
- Democrats are terrorists
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- HairyWBush
- Democrats are terrorists
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Originally Posted By lockdev⏩
apparently the white house made a callAre you talking out your arse?
There were plenty of other brokerages that were allowing the buying and selling of GME/AMC/etc. Robinhood limited buying but didn't limit selling. Look it up brah, there was some shady chit going down.
There were plenty of other brokerages that were allowing the buying and selling of GME/AMC/etc. Robinhood limited buying but didn't limit selling. Look it up brah, there was some shady chit going down.
R 135
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"Slide down your throat?? We chew them, savor them, suck up the little juice left behind in the shell then swallow them. Only amateurs try to swallow them whole."
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"America lost pretty much every war in history lol" -pandaboy89
as seen here: https://forum.obnoxiousbrutes.com/showthread.php?t=180019913&p=1636230303&viewfull=1#post1636230303
01-31-2021, 03:27 PM
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#1412
- ANumber1
- Duke of New York
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- ANumber1
- Duke of New York
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Originally Posted By HairyWBush⏩
LOL, no. RH is bit player startup taking advantage of customers who got taken in by faux-populist marketing who think "corporate" is a dirty word. They've been fined and sued repeatedly because they can't shoot straight but continue to mislead their customers and pretend nothing is wrong.apparently the white house made a call
https://www.sec.gov/news/press-release/2020-321
There were reportedly specific liquidity warnings as recently as last month.
It's entirely possible Citadel put pressure on them - a risk the serious brokers don't have - but the evidence points to them simply running out of money, and I believe it. People on WSB are saying not to transfer your shares out of RH because they'll be locked up for a while during the transfer, but they're not considering what will happen when RH implodes and they have to wait for the federal government to intervene to make them whole. They're only entitled to equal number of shares - NOT an equal value of shares - so if their money is stuck in that firetrap of a brokerage and they miss the squeeze and it goes back to $20, they'll SOL. Vlad will probably settle with the Feds for whatever is in his U.S.-based accounts and go into hiding in Costa Rica or some chit.
Schwab, Vanguard, and Fidelity are perfectly good for "the little guy". Srs. They had to clamp down on margin risk in some cases, but people could buy for cash on all three all the way through, AFAIK. Nobody should be putting their money in these weird ass little brokerages in volatile times. They're the first against the wall, every time.
Nah, fukk that. I’m not doing that.
01-31-2021, 03:28 PM
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#1413
Originally Posted By dankydank⏩
Yah TDA froze either their app or shut down trading Wednesday morning after pre market. Was up a bunch and attempted to sell but by time things opened up it went from 20 down to like 14 so held.Almost feel bad for Robinhoood (srs). They cutoff purchasing but so did every other company. Robinhood is the face of this because they are the easiest and most accessible so they are getting all the hate. People could easily be doing this against every other brokerage.
01-31-2021, 03:48 PM
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#1414
Originally Posted By slr3016⏩
Schwab owns TD Ameritrade, something to keep in mind. I went with Vanguard years ago cuz they are customer owned. Will stick with them till retirement, likely.Yah TDA froze either their app or shut down trading Wednesday morning after pre market. Was up a bunch and attempted to sell but by time things opened up it went from 20 down to like 14 so held.
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01-31-2021, 04:28 PM
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#1415
It's true that Robinhood have taken a disproportionate amount of backlash throughout this chit show. Although, they've partly brought that on themselves solely due to how terribly they've handled it. In hindsight, it was only a matter of time before their brand was destroyed. At some point we were bound to have a situation, like this one, that made it obvious that hedge funds were Robinhood's true customer, not the users.
Next week is gonna be interesting to say the least. Hopefully I can make some gains whilst enjoying the show. I think WSB have gained over 1m users in the last 24 hours, and something like 4-5m users in the past few days which could have an insane impact. What I'm wondering is: if the price of GME moons even higher, will more hedge funds look to make money by shorting the stock further? Will they rely on WSB to sell at an insane price point and then profit? And if that happens, will WSB truly 'stay retarded longer than hedge funds can stay solvent'? Maybe Melvin won't be the only victim.
Next week is gonna be interesting to say the least. Hopefully I can make some gains whilst enjoying the show. I think WSB have gained over 1m users in the last 24 hours, and something like 4-5m users in the past few days which could have an insane impact. What I'm wondering is: if the price of GME moons even higher, will more hedge funds look to make money by shorting the stock further? Will they rely on WSB to sell at an insane price point and then profit? And if that happens, will WSB truly 'stay retarded longer than hedge funds can stay solvent'? Maybe Melvin won't be the only victim.
01-31-2021, 04:31 PM
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#1416
- wasp9166
- straight out da bronx
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- wasp9166
- straight out da bronx
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Originally Posted By HairyWBush⏩
watching that witch is literally a waste of time ,she deflects every fkn question with face and hand gestures like it's a fkn magic actnot sure if it's been mentioned yet, but the white house speaker jenn psaki, her brother Jeff Psaki, is a portfolio manager are Ccitdadel. Melissa Hodgman is the new director at SEC, and she is the wife of Peter Strzok. Peter Strzok is the guy who helped organize the Russian Collusion against Donald Trump.
Lol
01-31-2021, 04:32 PM
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#1417
- wasp9166
- straight out da bronx
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- wasp9166
- straight out da bronx
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Originally Posted By _zman⏩
at a boySchwab owns TD Ameritrade, something to keep in mind. I went with Vanguard years ago cuz they are customer owned. Will stick with them till retirement, likely.
My vanguard been cleaning up
01-31-2021, 04:46 PM
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#1418
- ANumber1
- Duke of New York
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- ANumber1
- Duke of New York
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The pro-short propaganda is out in full force for the week. This was a promoted story on FB, meaning someone is paying to make sure people like me see it:
https://www.marketwatch.com/story/ga...on-11611855951
"GameStop shareholder sells off stake valued at over $1 billion"
Trying to scare people into believing the longs are exiting, but can't find any mention of the fact this happened a full month ago, before any of this recent madness:
https://www.sec.gov/Archives/edgar/d...183dsc13ga.htm
The level of fear somewhere must be at Code Brown for the chit in their pants to resort to stunts like this.
https://www.marketwatch.com/story/ga...on-11611855951
"GameStop shareholder sells off stake valued at over $1 billion"
Trying to scare people into believing the longs are exiting, but can't find any mention of the fact this happened a full month ago, before any of this recent madness:
https://www.sec.gov/Archives/edgar/d...183dsc13ga.htm
The level of fear somewhere must be at Code Brown for the chit in their pants to resort to stunts like this.
Nah, fukk that. I’m not doing that.
01-31-2021, 05:01 PM
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#1419
Originally Posted By wasp9166⏩
Circle back compilationwatching that witch is literally a waste of time ,she deflects every fkn question with face and hand gestures like it's a fkn magic act
Lol
Lol
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01-31-2021, 06:23 PM
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#1420
- puristhndrwrth
- Registered User
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- puristhndrwrth
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Originally Posted By KingSWRV⏩
can i at least sell/buy on dip once in this upcoming cycle ?last week there were so many dips on gme and amc and i was holding everything and only made 1k.To break this down for everyone who is worried or wants to know what to expect in the coming week:
AMC current status (30JAN2021) :
AMC has 44.6 million shorted shares and a grand total of 52 million shares. That means 86% of shares are shorted (by hedge funds) and 14% are being longed (all of us)
Now what everyone is waiting for is when shorted shares expire and they (hedge funds) have to cover what they bet on. Keep in mind not EVERY share will expire on Monday. So we MUST hold beyond that.
Today’s target (1/29) was to beat $8.63 (what hedge funds were betting it would be come Monday) and we did that closing at $13.29! AWESOME. This short will expire in 0.5 trading days (Monday)
So Monday when they’re forced to cover ($8.63) they will have to buy it at its current price to cover their bet. Raising the price up even higher.
But this isn’t even the best part. All of their other shorts are SIGNIFICANTLY lower. There are 9 different short stocks between $1.98-$5.96. Some of those shorts are 1.9 days away (Tue) 2.5 days (wed) 3.2 days (Thur) so the longer you hold, the higher the price gets and the more they have to cover.
Over the next few trading days it is going to be a vIolent squeeze. We are at the starting line of what GME did. Hold your ground. Gains Monday are inevitable. But the gains on Tuesday-Thursday will be much higher.
Short squeezes are historic: and to give you an example Volkswagen had a 46% short at $6 share price which squeezed to $110 a share back in 2008. AMC is at 84% short at $13 The percentage is significantly higher and there’s a lot more room to grow. On the high end we’re talking the possibility of hitting $150-200 a share if everyone is smart and holding until Thursday
1. HOLD
2. Buy more on Monday if you can afford it because it’s going to violently rise
3. Enjoy the ride until AT LEAST Thursday evening when all the shorts expire and the price is at it’s highest.
AMC current status (30JAN2021) :
AMC has 44.6 million shorted shares and a grand total of 52 million shares. That means 86% of shares are shorted (by hedge funds) and 14% are being longed (all of us)
Now what everyone is waiting for is when shorted shares expire and they (hedge funds) have to cover what they bet on. Keep in mind not EVERY share will expire on Monday. So we MUST hold beyond that.
Today’s target (1/29) was to beat $8.63 (what hedge funds were betting it would be come Monday) and we did that closing at $13.29! AWESOME. This short will expire in 0.5 trading days (Monday)
So Monday when they’re forced to cover ($8.63) they will have to buy it at its current price to cover their bet. Raising the price up even higher.
But this isn’t even the best part. All of their other shorts are SIGNIFICANTLY lower. There are 9 different short stocks between $1.98-$5.96. Some of those shorts are 1.9 days away (Tue) 2.5 days (wed) 3.2 days (Thur) so the longer you hold, the higher the price gets and the more they have to cover.
Over the next few trading days it is going to be a vIolent squeeze. We are at the starting line of what GME did. Hold your ground. Gains Monday are inevitable. But the gains on Tuesday-Thursday will be much higher.
Short squeezes are historic: and to give you an example Volkswagen had a 46% short at $6 share price which squeezed to $110 a share back in 2008. AMC is at 84% short at $13 The percentage is significantly higher and there’s a lot more room to grow. On the high end we’re talking the possibility of hitting $150-200 a share if everyone is smart and holding until Thursday
1. HOLD
2. Buy more on Monday if you can afford it because it’s going to violently rise
3. Enjoy the ride until AT LEAST Thursday evening when all the shorts expire and the price is at it’s highest.
01-31-2021, 06:49 PM
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#1421
01-31-2021, 06:57 PM
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#1422
- MnB91
- Kent Chiki
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- MnB91
- Kent Chiki
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Just wanted to warn brahs thinking of getting in right now to do their due diligence. WSB keeps referencing ortex/s3 for short interest data but those are only estimations. Highly probable that the remaining uncovered shorts are new ones that came in later at the higher prices. The official data of friday shorts comes out on Feb. 9 from FINRA.
https://www.finra.org/filing-reporti...short-interest
Also if you do plan on gambling, switch to a real broker that wont fuk you in the azz. Fidelity, Vanguard, Schwab are all good.
https://www.finra.org/filing-reporti...short-interest
Also if you do plan on gambling, switch to a real broker that wont fuk you in the azz. Fidelity, Vanguard, Schwab are all good.
Low test crew
Neg all coincels on sight crew
01-31-2021, 09:32 PM
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#1423
- VoxExMachina
- Mod Squad
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- VoxExMachina
- Mod Squad
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No matter where this goes, the mental gymnastics being performed to rationalize what people want to believe is highly entertaining.
BRB, CNBC's logo had a greater degree of Pantone red today, likely because shorts are sweating blood, therefore to the moon is happening!
BRB, CNBC's logo had a greater degree of Pantone red today, likely because shorts are sweating blood, therefore to the moon is happening!
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01-31-2021, 09:42 PM
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#1424
Originally Posted By puristhndrwrth⏩
Yes multiple ups and down buy low sell high use all day trades this week and swingscan i at least sell/buy on dip once in this upcoming cycle ?last week there were so many dips on gme and amc and i was holding everything and only made 1k.
02-01-2021, 01:35 AM
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#1425
- MinisterOfLust
- 👽👽👽👽👽👽
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- MinisterOfLust
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Originally Posted By HairyWBush⏩
Ok.not sure if it's been mentioned yet, but the white house speaker jenn psaki, her brother Jeff Psaki, is a portfolio manager are Ccitdadel. Melissa Hodgman is the new director at SEC, and she is the wife of Peter Strzok. Peter Strzok is the guy who helped organize the Russian Collusion against Donald Trump.
02-01-2021, 01:46 AM
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#1426
- trippped
- Registered User
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- trippped
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how is it not market manipulation when robinhood will let you buy only 10 shares of AMC but 700 shares of BB, is that not obvious manipulation? obviously they know purchases in these certain amounts will effect the market differently....manipulating the market
02-01-2021, 02:37 AM
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#1427
- luckyboy23
- Banned
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- luckyboy23
- Banned
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Originally Posted By trippped⏩
how is it not market manipulation when robinhood will let you buy only 10 shares of AMC but 700 shares of BB, is that not obvious manipulation? obviously they know purchases in these certain amounts will effect the market differently....manipulating the market

02-01-2021, 04:17 AM
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#1428
- BetaAsPhuck
- Wage Cuckin' It
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- BetaAsPhuck
- Wage Cuckin' It
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The elite have been so rattled, they've even got Jimmy Kimmel talking propaganda on his comedy show...
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
02-01-2021, 05:22 AM
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#1429
- PenorBrahNoHomo
- R1b
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- PenorBrahNoHomo
- R1b
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Originally Posted By BetaAsPhuck⏩
Muh Russian disruptorsThe elite have been so rattled, they've even got Jimmy Kimmel talking propaganda on his comedy show...
Christ these people are pathetic
02-01-2021, 06:54 AM
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#1430
- AltarOfPlagues
- yerrrrrrrr meh?
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- AltarOfPlagues
- yerrrrrrrr meh?
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google news "silver"
everybody saying reddit is shilling silver.
reddit is saying the exact opposite
citadel holds a chitload of of silver
every news org is bought and paid for
everybody saying reddit is shilling silver.
reddit is saying the exact opposite
citadel holds a chitload of of silver
every news org is bought and paid for
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.
02-01-2021, 07:47 AM
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#1431
02-01-2021, 08:12 AM
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#1432
- MisterInfinity
- Registered User
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- MisterInfinity
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Everything is tanking. Too early to conclude anything tho.
02-01-2021, 08:16 AM
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#1433
02-01-2021, 08:19 AM
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#1434
- PenorBrahNoHomo
- R1b
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- PenorBrahNoHomo
- R1b
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This is nothing, if it survived what happened last Thursday it will survive this easy
02-01-2021, 08:21 AM
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#1435
- TBO1313
- Never Registered
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- TBO1313
- Never Registered
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The squeeze hasn't even happened yet. It's still coming as long as the hedge funds who jumped in on the retail side don't get paper hands
6'2"
OMAD results: 2/15/19-235, 10/13/19-190
OHP-205 Bench- 245 Squat - 405 C&J - 245
2021 Spring cut: 195lbs starting weight
02-01-2021, 08:27 AM
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#1436
the hedgies realize they cant do dick to prosecute any of these people since what they did is completely legal, so they are trying to say reddit is shilling silver now which is completely untrue. they are playing some dirty games lmao
02-01-2021, 08:30 AM
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#1437
- AltarOfPlagues
- yerrrrrrrr meh?
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- AltarOfPlagues
- yerrrrrrrr meh?
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Originally Posted By entropy91⏩
last thursday it went from 470 to 130 in an hour and a half and closed at 197 and then opened at 370.Lol are the hedgies triggering a mass selloff?
the stock is bombproof until the squeeze
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.
02-01-2021, 08:32 AM
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#1438
- chrsschb
- Techno Brah
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- chrsschb
- Techno Brah
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This order will exceed the maximum allowed GME shares you can hold at this time. You currently have xxx shares purchased or pending - including this order -which exceeds the limit of 1 share.
Can't wait to see Robinhood go bankrupt.|| MFC || C7 Crew || Trance & Techno Crew ||
02-01-2021, 08:34 AM
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#1439
- ANumber1
- Duke of New York
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- ANumber1
- Duke of New York
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Originally Posted By entropy91⏩
Lol are the hedgies triggering a mass selloff?
Originally Posted By TBO1313⏩
The giveaway is the low volume. Been painfully low since $280.The squeeze hasn't even happened yet. It's still coming as long as the hedge funds who jumped in on the retail side don't get paper hands
There's basically nobody waiting to buy in that range, so the price can be moved by relatively small deals if anybody finds each other to set a new price. Now it's on sale again and there are dumptrucks full of money waiting around $200, getting too close has made it pop twice.
Nah, fukk that. I’m not doing that.
02-01-2021, 08:36 AM
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#1440
- AltarOfPlagues
- yerrrrrrrr meh?
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- AltarOfPlagues
- yerrrrrrrr meh?
- Join Date: Oct 2015
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Originally Posted By ANumber1⏩
has the squeeze been eased? i am reading that some 27m shares are shorted down from 57m on friday?The giveaway is the low volume. Been five figures since $280.
There's basically nobody waiting to buy in that range, so the price can be moved by relatively small deals. Now it's on sale again and there are dumptrucks full of money waiting around $200.
There's basically nobody waiting to buy in that range, so the price can be moved by relatively small deals. Now it's on sale again and there are dumptrucks full of money waiting around $200.
its possible ihor dusaniwsky is a paid shill i dont believe anything anymore.
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.
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