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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 1630345623 02-02-2021, 09:59 AM
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#1561
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Originally Posted By nn586⏩


Is Mark Cuban full of shyt? "didn't have enough capital to fund the fight" mmmmmmmmmmmk

It might be the truth, I don't know what to beleaf anymore..
I think it's probably true that they were simply too small ball to handle this.

I read over that while I ate lunch. Cuban's answers on this topic were pretty straight-up and even-handed.

EDIT: Oh look, they halted trading again.
Nah, fukk that. I’m not doing that.
post 1630346853 02-02-2021, 10:16 AM
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#1562
  1. MinisterOfLust
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Originally Posted By AltarOfPlagues⏩
wut the fuk

I know how you feel
post 1630347193 02-02-2021, 10:21 AM
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#1563
  1. nn586
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Originally Posted By ANumber1⏩
I think it's probably true that they were simply too small ball to handle this.

I read over that while I ate lunch. Cuban's answers on this topic were pretty straight-up and even-handed.

EDIT: Oh look, they halted trading again.
I would like to think I could trust Mark Cuban from his actions but you really never know who they are behind closed doors, that's the thing. He could be bought and sold for and be putting on a front, I really have no idea. The interview with the Robinhood CEO was a trainwreck, which raises concern. Overall, everything that the media/elites have been doing is complete bullchit, it doesn't just boil down to "they didn't have enough capital to fund the fight". Clearly there is some nefarious chit going on with them doing everything in their power to get the stock of GME to lower.
post 1630347483 02-02-2021, 10:26 AM
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#1564
  1. ANumber1
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Originally Posted By nn586⏩
I would like to think I could trust Mark Cuban from his actions but you really never know who they are behind closed doors, that's the thing. He could be bought and sold for and be putting on a front, I really have no idea. The interview with the Robinhood CEO was a trainwreck, which raises concern. Overall, everything that the media/elites have been doing is complete bullchit, it doesn't just boil down to "they didn't have enough capital to fund the fight". Clearly there is some nefarious chit going on with them doing everything in their power to get the stock of GME to lower.
I think there's a lot of room for that to be true about Robinhood, but also no evidence that they weren't simply running a very bad brokerage and crumbled. If you'd asked me a month ago about RH, I would have told you to get out of it and go with Schwab, Vanguard, or Fidelity. That's still my advice. (I like Schwab because their traditional banking services are also sick, otherwise I'd probably be at Vanguard or Fidelity.)

Either way, lawd at those spreads on GME. Consistently popping over a dollar. Maybe it's time to settle this with trial by combat.
Nah, fukk that. I’m not doing that.
post 1630347493 02-02-2021, 10:26 AM
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#1565
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Originally Posted By nn586⏩
I would like to think I could trust Mark Cuban from his actions but you really never know who they are behind closed doors, that's the thing. He could be bought and sold for and be putting on a front, I really have no idea. The interview with the Robinhood CEO was a trainwreck, which raises concern. Overall, everything that the media/elites have been doing is complete bullchit, it doesn't just boil down to "they didn't have enough capital to fund the fight". Clearly there is some nefarious chit going on with them doing everything in their power to get the stock of GME to lower.
Mark could be a completely decent guy just believes what the Robinhood CEO was saying with knowing for sure. Could be the Robinhood CEO was telling the truth. Idk
6'2"

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post 1630348393 02-02-2021, 10:38 AM
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#1566
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Feel bad for all the people on WSB doubling down on this thinking it's some kind of sale.

I ate a pretty big loss (although my actual buy was only $1k) on AMC, and it definitely sucks. But buyingmoreright now? C'mon man.

This thing is over. After the initial run up it was essentially a pump and dump. If you think people with billions on the line haven't covered already, you're insane.
post 1630348883 02-02-2021, 10:44 AM
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#1567
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The exponential losses thing seems crazy. Could someone on WSB pretty much lose the clothes on their back with a decision made today? Like can you lose (way) more than your initial investment?
LAY DOWN AND ROT CREW
post 1630350243 02-02-2021, 11:03 AM
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#1568
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I wonder why people like Mark Cuban and fukn Chamanth would be egging this on, you just really gotta wonder


Chamanth gives me some baaaad feels
post 1630350773 02-02-2021, 11:10 AM
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#1569
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Originally Posted By Dan_S⏩
Feel bad for all the people on WSB doubling down on this thinking it's some kind of sale.

I ate a pretty big loss (although my actual buy was only $1k) on AMC, and it definitely sucks. But buyingmoreright now? C'mon man.

This thing is over. After the initial run up it was essentially a pump and dump. If you think people with billions on the line haven't covered already, you're insane.
This. The big squeeze and run up already happened in my opinion. If you were able to get out at the top of 400 ish, then good for you. Seems like pure cope on WSB saying to hold the lines or buy this dip.

I think the hedge fund already took their beating and have now out maneuvered WSB and the like.

If it goes up again, good for anyone still involved. I don't see it happening.
post 1630351793 02-02-2021, 11:20 AM
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#1570
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WSB atmosphere
is LIT, and brings
positivity and hope
that we can MAKE it
..loled at porn addicted
lost his will due to GME

fukin lol
post 1630354883 02-02-2021, 11:55 AM
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#1571
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Do you guys think WSB is compromised now? Was an awesome place, but I fear the media attention and the new 6+ million subscribers will fk it up like they always do.
post 1630355103 02-02-2021, 11:58 AM
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#1572
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Originally Posted By MetroBrah⏩
Do you guys think WSB is compromised now? Was an awesome place, but I fear the media attention and the new 6+ million subscribers will fk it up like they always do.
Almost definitely. The bigger the group, the greater the change of corruption and infiltration.
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
post 1630355493 02-02-2021, 12:01 PM
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#1573
  1. AltarOfPlagues
  2. yerrrrrrrr meh?
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Originally Posted By Destor⏩
I wonder why people like Mark Cuban and fukn Chamanth would be egging this on, you just really gotta wonder


Chamanth gives me some baaaad feels
these guys are contrarian and it builds their brand
Originally Posted By MetroBrah⏩
Do you guys think WSB is compromised now? Was an awesome place, but I fear the media attention and the new 6+ million subscribers will fk it up like they always do.
i dont think so. the name is wallstreetbets and they would pat eachother on the back for losing 10 bands that their gramma gave them on some tech start up. so i would expect that to happen a lot more.
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 1630355713 02-02-2021, 12:03 PM
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#1574
  1. nn586
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Originally Posted By MetroBrah⏩
Do you guys think WSB is compromised now? Was an awesome place, but I fear the media attention and the new 6+ million subscribers will fk it up like they always do.
The mods seem to be keeping it in place. Anything I've seen that reaches top/hot all has the same message pretty much. That's what most people see.

GME still says its shorted 121%. I'm not a stock guy but if the Wall Street guys are bleeding, I applaud WSB diamond hand boyos for bleeding them out still and hope they continue.


Where I see this (short float %)

https://finviz.com/quote.ashx?t=GME


Not sure how often that number is updated though.
post 1630357603 02-02-2021, 12:20 PM
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#1575
  1. AltarOfPlagues
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ironically 100$ might be the actual value given the exposure and strangeness. they have infrastructure for "something". they are nearly a household name. they arguably have a dedicated following. like if you fast-forward a year from now if they are able to pivot hard.

the meme-o-sphere is fickle and attention deficit however.
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 1630358263 02-02-2021, 12:26 PM
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#1576
  1. ANumber1
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Here comes the next bear raid

EDIT: weak as fukk
Nah, fukk that. I’m not doing that.
post 1630358903 02-02-2021, 12:31 PM
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#1577
  1. Kane_89
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Lol'd

Wall Street to redditors:

MIKE TYSON: "When you see me smash somebody's skull, you'll enjoy it."

"I try to catch him right on the tip of the nose, because I try to push the bone into the brain."

"It's ludicrous these mortals even attempt to enter my realm."

"I can sell out Madison Square Garden masturbating"

"I'll f**k you till you love me f**got!"

"I just want to conquer people and their souls"
post 1630359343 02-02-2021, 12:34 PM
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#1578
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Originally Posted By Kane_89⏩
Lol'd

Wall Street to redditors:

I Fukkin love that movie dude
Sloots Gon Sloot.
post 1630360733 02-02-2021, 12:49 PM
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#1579
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Originally Posted By nn586⏩
The mods seem to be keeping it in place. Anything I've seen that reaches top/hot all has the same message pretty much. That's what most people see.

GME still says its shorted 121%. I'm not a stock guy but if the Wall Street guys are bleeding, I applaud WSB diamond hand boyos for bleeding them out still and hope they continue.
Except I would bet anyone that got in below $100 probably cashed out at this point.

The ones calling for diamond hands are the ones that are in the red and praying they can pump this back up so they can also cash out.

Wall Street likely covered any potential losses by riding this both up and down. Yeah, they may still eat the short, but it's irrelevant at this point.
post 1630361793 02-02-2021, 12:59 PM
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#1580
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Originally Posted By Krackerjacked⏩
I Fukkin love that movie dude
Yea, I've watched it probably hundreds of times srs
MIKE TYSON: "When you see me smash somebody's skull, you'll enjoy it."

"I try to catch him right on the tip of the nose, because I try to push the bone into the brain."

"It's ludicrous these mortals even attempt to enter my realm."

"I can sell out Madison Square Garden masturbating"

"I'll f**k you till you love me f**got!"

"I just want to conquer people and their souls"
post 1630362763 02-02-2021, 01:09 PM
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#1581
  1. MnB91
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Originally Posted By nn586⏩
The mods seem to be keeping it in place. Anything I've seen that reaches top/hot all has the same message pretty much. That's what most people see.

GME still says its shorted 121%. I'm not a stock guy but if the Wall Street guys are bleeding, I applaud WSB diamond hand boyos for bleeding them out still and hope they continue.


Where I see this (short float %)

https://finviz.com/quote.ashx?t=GME


Not sure how often that number is updated though.
Thats old data released by FINRA. Doesn't include anything that happened after Jan. 15
Low test crew
Neg all coincels on sight crew
post 1630364753 02-02-2021, 01:29 PM
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#1582
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Originally Posted By MnB91⏩
Thats old data released by FINRA. Doesn't include anything that happened after Jan. 15
short float is currently ~40%
post 1630367663 02-02-2021, 02:05 PM
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#1583
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I think its truly over?
*** Free Thinker Crew ***

*** Herbert The Future GOAT Crew ***

*** HTC ***
post 1630368123 02-02-2021, 02:09 PM
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#1584
  1. nn586
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Originally Posted By MisterDiapers⏩
short float is currently ~40%
bull****, hedgie
post 1630369553 02-02-2021, 02:25 PM
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#1585
  1. nn586
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fkn lol at idiots like this


post 1630369723 02-02-2021, 02:26 PM
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#1586
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Originally Posted By nn586⏩
fkn lol at idiots like this


lmao dumb as fk , only put in what you can afford to lose.
post 1630370713 02-02-2021, 02:35 PM
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#1587
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still HODLing
post 1630371273 02-02-2021, 02:41 PM
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#1588
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One cardinal rule of the stock market is not to throw good money after bad. That basically means "do not to fall for the sunk cost fallacy". That fallacy has led many an investor to ruin.

Be smart, boyos. If the bottom has fallen out, don't double down to prove you still believe in the dream.
"Buy a man eat fish, the day, teach man, to lifetime." - Joe Biden

2022 New Year's Resolution: Randomly neg TheScapeGOAT for lulz.
post 1630372633 02-02-2021, 02:58 PM
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#1589
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Originally Posted By MiscInformed⏩
One cardinal rule of the stock market is not to throw good money after bad. That basically means "do not to fall for the sunk cost fallacy". That fallacy has led many an investor to ruin.

Be smart, boyos. If the bottom has fallen out, don't double down to prove you still believe in the dream.
One of the main things I remember from reading market wizards is to cut your losses and let your winners run.
post 1630372793 02-02-2021, 02:59 PM
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#1590
  1. Sterilite
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Originally Posted By MetroBrah⏩
One of the main things I remember from reading market wizards is to cut your losses and let your winners run.
It's only a loss if you sell*
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