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Talking stocks, trading, and investing in general

Omega Male

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Jr Mouse

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Priorities.



 

brokencycle

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I still say BS this is retail traders. When the dust settles, I'm sure the data will come out and we'll ultimately know. This whole "buy until it reaches $1000" is moronic thinking. To get to $1000 people have to buy it, so at $1000 it would come tumbling down and those retailer buyers at $950 are going to lose their shirt.

In line with the MAGA analogy, I think this is classic media reaction to this **** and giving credence to non-verified facts. They propped Trump up by giving him tons of air time. I wouldn't be surprised that there are a lot of paid shills pushing this stuff on reddit, twitter, et al, and some hedge funds just made billions.
 

javyn

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The media definitely helped with the feeding frenzy. So what? A lot of people are going to lose their shirts, and those who sell and take their profits will do well.
 

nate10184

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I wouldn't be surprised that there are a lot of paid shills pushing this stuff on reddit, twitter, et al, and some hedge funds just made billions.

I was kicking this idea around too. How do you profit from the divided state of the country and ongoing class warfare? Convince a social-media fueled retail mob to participate in your pump and dump scheme by telling them they're actually sticking it to the man. I'm not sure anyone is that smart, but talk about an incredible idea if that's indeed what happened.
 

javyn

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I was kicking this idea around too. How do you profit from the divided state of the country and ongoing class warfare? Convince retail investors to participate in your pump and dump scheme by telling them they're actually sticking it to the man. I'm not sure anyone is that smart, but talk about an incredible idea if that's indeed what happened.

The cast of characters in this drama is on point.

lrxfqnreowd61.png
 

brokencycle

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The cast of characters in this drama is on point.

lrxfqnreowd61.png

Damn that's ******* stupid. Shorting a company losing money in a dying industry isn't reckless.

Also, I will continue to say prove that retail investors are buying millions of shares.
 

efta

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I still say BS this is retail traders. When the dust settles, I'm sure the data will come out and we'll ultimately know. This whole "buy until it reaches $1000" is moronic thinking. To get to $1000 people have to buy it, so at $1000 it would come tumbling down and those retailer buyers at $950 are going to lose their shirt.

In line with the MAGA analogy, I think this is classic media reaction to this **** and giving credence to non-verified facts. They propped Trump up by giving him tons of air time. I wouldn't be surprised that there are a lot of paid shills pushing this stuff on reddit, twitter, et al, and some hedge funds just made billions.

GME still has a short float of 140% though, so yea, someone is going to have to buy the stocks at 1000. But retail investors won't. Melvin has already taken a 3bn hit and has been forced to liquidate other positions to fund their GME shorts.

Maybe if greedy hedge funds would stop selling stocks that doesn't exist people would like them more.
 

javyn

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Damn that's ******* stupid. Shorting a company losing money in a dying industry isn't reckless.

The short interest was like 140% of the float. Doesn't matter how ****** the company is, that's reckless.

Also, I will continue to say prove that retail investors are buying millions of shares.

What does it matter?
 

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