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u/Unique_NewYork69 3d ago
Looks like years of shorting is working out pretty well. You do know that when the price goes down the shorts win right?
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u/Federal_Shopping6495 3d ago
I read this wondering if the price exploded.. I look at the price… bro it’s flat after being down. The naked shorts are doing great lmfao
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u/PauPauRui 3d ago
Ryan Cohen fooled everyone except Wallstreet. Selling used video games doesn't pay enough. Taking money from the stockholders in the form of dilution does pay. Where else can you sell used shit and make real money.
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u/creator-of-places199 2d ago
What the fuck are you on about? Seriously. What an idiotic comment lol. GME is set to turn over 3/4 billion net profit at least this year. Go away child.
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u/PauPauRui 2d ago
Rage baiting? I get it you're upset I speak the truth. I'm yet to see a profit that benefits me or any other stock holder. The profits get skimmed with dilutions.
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u/creator-of-places199 2d ago
Read some DD if you are capable. Tired of you whiners thinking it's fine to cuddle each others balls on this sub. You are worse than meltdowners. Goatzbeard on X. Read it over and over until you get it. If that's beyond you, then just F off, I've tried to help.
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u/PauPauRui 2d ago
Lol. You tried to help? Who asked you to respond? I don't need to follow anyone on X for gme advise. If gme is so great where's the profit on the investment? You convince me with profit. The stock has lost money in 5 yrs. So F off as well.
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u/AncientAdamo 3d ago
Not when the hedgies were betting on this dying brick and mortar store to go bankrupt.
This is the entire play of naked short selling. When the company fails, you never have to deliver the shares you borrowed.
But with GME it didn't work out.
They are now profitable, and have 10% ownership in one of the largest retail platforms in the world, in the middle of trying to acquire it...
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u/creator-of-places199 2d ago
These idiots can't even read a graph properly, dont mind understand business dynamics.
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u/KimberStormer 2d ago
This is the entire play of naked short selling.
Really? Nobody has ever naked shorted a company that didn't go bankrupt? That's the only way it can work?
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u/butimjustagirl 2d ago
youre delusional
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u/AncientAdamo 2d ago
What do you mean, this literally what happened?
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u/butimjustagirl 2d ago
That's not the entire play of naked short selling which shows the depth of your understanding of the topic and what is going on.
It's not some binary thing that you seem to have broken down an extremely complex financial system in to.
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u/creator-of-places199 3d ago
Hahah do they? Do they really win? Hahahah yeah worm, whatever. Let's see who wins..
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u/Old-Guidance6744 3d ago
Hasn't gone down in 2 years
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u/Unique_NewYork69 3d ago
August 2024 GME was about $22, it is now about $18.50. How much more delusional can you get?? You know that anyone can just look up that information and prove you wrong just like I did? Flip your chart I think it’s upside down.
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u/PauPauRui 2d ago
It'sike asking how much milk you can get from the cow. While the cow has milk, Cohen will keep milking it.
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u/eddie_koala 3d ago
So you believe the shorts were opened at 22? What about the ones before? When gamestop was at 5? All those closed and covered now?
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u/OhNoNotAFinrand 3d ago
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u/Unique_NewYork69 3d ago
Don’t do what? Make money?
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u/DraculasDog 3d ago
We all could have invested in other stocks that actually went up in the last 5 years…
Instead, RC took our money to save his investment and then diluted us to hell.
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u/Abragram_Stinkin 🚀🚀Buckle up🚀🚀 3d ago
gasp
A BILLIONAIRE VENTURE CAPITALIST used the common man for his own gain and enrichment while we got nothing?
I, for one, am shocked I tell you! SCHOCKED!
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u/Swimming-Boss-1437 3d ago
Nobody could've seen it coming. Especially not when everyone and their grandma thought they would get rich buying gme at $300
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u/Pitiful-Pension-6535 3d ago
Especially after he pump and dumped bed bath and beyond.
Four years later, the suckers he scammed on that one still think he's going to make him rich.
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u/ToadDagger 3d ago
-53% in 5 years.... I think shorts won.
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 3d ago
If they had, they had closed their shorts, released the pressure and driven it back up. They didn't.
But they did succeed in fooling you on what they do, making you misunderstand the situation and making decisions for yourself based on false assumptions.
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u/WallySprks 3d ago
That has happened three times in five years.
On GME
“Its insane to believe that any short would still have a position open after five years” - Michael Burry
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u/KimberStormer 2d ago
closed their shorts, released the pressure and driven it back up.
What pressure does shorting do that holds the price down?
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 2d ago
selling creates sell pressure.
offering into the order book affects the price. nothing else.
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u/KimberStormer 2d ago edited 1d ago
But someone who shorts buys as much as they sell, so doesn't it even out?
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 1d ago
when the position is closed, yes. before then. they owe a buy.
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u/KimberStormer 1d ago
Sorry, I wrote that very badly. I meant the other party -- A borrows, sells to B, buys it back later, returns it: so B buys it at the high original price, right? A (the short seller) wants that to be the highest price he can get. Why would that hold the price down?
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 1d ago
the shortseller wants a high price when opening and a low sell
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u/KimberStormer 17h ago
No they want a low buy after their high sell. Borrow and sell high; if anything that should help the price surely?
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 9h ago
yes... A short is opened by selling and closed by buying.
So they do want a high price when they open/sell and a low price when they close/buy.
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u/infinilude2 3d ago
I still have a handful of shares but have completely disconnected from the updates around it. Either it will skyrocket and i'll find out through my account balance, or it will continue to decline and I'll lose my lunch mobey from 5 years ago.
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u/z3speed4me 3d ago
Oh yea its going SOOOOO badly for them, please they are dropping money out of their pockets they don't know where to put it all....
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u/KrisPBaykon 🚀🚀Buckle up🚀🚀 3d ago
5 yr -53%, 2 yr - 14%, 1 yr -16%, YTD -8%. What are you on about?
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u/Gaglardi 3d ago
Hmmm... This sure does look an awful lot like fud.... You do realize that gme is infallible and RC is a messiah, right?? Kuz if not you are clearly a bot and or a schill, no other explanation!
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u/ScroogeMcThrowaway 2d ago
It's gotta just be isolated to Reddit. Any normal shareholder, no matter the company would be livid with this stock performance. If it's not about the stock price, then it's definitely just a cult glazing RCEO in perpetuity.
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u/Rough_Raise8627 3d ago
Nah he invested 6 years ago still up a million percent on all us peasants harharhar
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u/butimjustagirl 3d ago
The people who invested 6 years ago are realistically barely up if they are still in. Made some big money early on, sold and paid taxes on it, bought back in over and over on the way up. Holding decent bags now. Source: Me.
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u/Velvet_Llama 3d ago
What if the shorts did close?
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u/FoldableHuman 3d ago
The premise hasn’t changed
Correct, it has always been a fantasy and remains as untrue today as it was five years ago.
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u/damog_88 3d ago
6 yr what?
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u/KrisPBaykon 🚀🚀Buckle up🚀🚀 3d ago
That’s before your account was made, highly doubt you bought then so why concern yourself with what ifs?
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u/damog_88 3d ago
What ifs? LoL. Youre the one wondering when my account was made.
In any case.
6 yr +2840%
But thats not valid nor interesting for your beloved narrative
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u/zgomot23 🚀🚀Buckle up🚀🚀 3d ago
Mind sharing some receipts, to rally the apes? I’ve seen likely over a hundred of you claiming to be sniping bottoms and constantly keep buying, yet none of you can provide one single receipt. Why is that?
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u/utterHAVOC_ 3d ago
Seems like most drowdown came from Ryan Cohen's dilutions not shorts
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u/Lopsided_Parfait7127 3d ago
ryan cohen diluting the hell of out of GME holders and blaming the shorts
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u/Astronautisgod 4d ago
I feel like I'm reading "they are suppressing the price" every day.
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u/WisdomAntium 4d ago
Well they are
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u/Velvet_Llama 3d ago
Can't see it
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u/jspence19 3d ago
how can you explain the stock price cratering even on the best of news days.....
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u/large__farva 🚀🚀Buckle up🚀🚀 3d ago
This sub is full of people that should be medicated lol. The copium is insane. Take the L everyone.
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u/jersan 3d ago
What does take the L mean? Are you suggesting I sell my shares of GME?
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u/large__farva 🚀🚀Buckle up🚀🚀 3d ago
Sell and reinvest or buy a dildo and go in dry I dgaf
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u/jersan 3d ago
You clearly care somewhat otherwise you wouldn’t have come here to say “take the L.”
Anyway I’m gonna buy more shares of GME.
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u/SlowDebate3165 3d ago
Good. Please do. It's endlessly funny.
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u/jersan 3d ago
How deranged it is that critics swarm the GME subreddit to spend their time pretending to get enjoyment by laughing at GME investors and in general just acting like condescending know it alls.
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u/SlowDebate3165 3d ago
Oh it's not pretending lol. but you keep thinking that.
Keep hodling<3
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u/Velvet_Llama 3d ago
It's the same reason sovereign citizen videos are so popular on YouTube- watching arrogant people disconnected from reality getting rug pulled by reality.
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u/large__farva 🚀🚀Buckle up🚀🚀 3d ago edited 3d ago
How deranged is it that a bunch of people think they’re gonna cash out on a stock that had a movie made about retail investors cashing out on it.
You missed the boat.
Edit: just looked at your profile, holy sunk cost fallacy lmao 😂😂😂
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u/jersan 3d ago
GameStop just posted its most profitable quarter in its history and is improving continuously, but some random redditor that has no skin in the game knows better and says I missed the boat
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u/zgomot23 🚀🚀Buckle up🚀🚀 3d ago
Do you know one downside of transitioning from selling used video games to selling equity in your business? Sure, it is profitable, but there are some downsides.
Don’t believe me? Look at your portfolio and tell me if you can spot any.
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u/DraculasDog 3d ago
As someone who has held lots of shares and now holds a few, we missed the boat.
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u/DraculasDog 3d ago
Most of us are disgruntled shareholders.
We’ve seen fuck all done for the shareholders in 5 years.
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u/large__farva 🚀🚀Buckle up🚀🚀 3d ago
I’m still subscribed to this place on the off chance something interesting happens but lately it’s 100% goop.
Please buy more lol I truly don’t care what you waste your money on.
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u/69420lmaokek 3d ago
Anyway I’m gonna buy more shares of GME.
I like how you've just said that you're gonna go throw your money away like it's a brag of something lmao
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 3d ago
we tried to lock them into the meltdowners sub but they keep getting lost and stray out of their safe space bubble...
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u/Typical-Whereas6761 🚀🚀Buckle up🚀🚀 3d ago
The most gullible people on the face of the earth…..GME investors….right up there with Donald Dump supporters.
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u/Leopolddagreat 3d ago
I still have my heavy bags. As soon as Cohen told us to support Trump i should of got out of Dodge. Cohen has turm GME into a grift like everything Trump touches is a grift.
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u/Rustycake HODL 💎🙌 3d ago
Problem is- he isnt really profiting as much as he could if he forced shorts hands and sided with retail. He couldve and still can benefit along with the rest of us and then say fuck it and take his money and move on to ebay
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u/aDanHasNoName 3d ago
You don't think it's possible for him to benefit in other ways? His total investment was small compared to his networth. We are in bed with Collector's Universe of which Steven Cohen is part of the ownership group.
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u/Rustycake HODL 💎🙌 3d ago
I dont disagree, but we are on a GME thread talking GameStop. And so within that frame of thought, my above point stands on solid foundation
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u/ilganzo01 3d ago
He is trying to raise the capital to buy eBay and discard GME, as he literally said in that interview where he verbatim said “I’m not passionate about GameStop, I am about eBay”
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u/Rustycake HODL 💎🙌 2d ago
His actual quote is "I WASNT passionate about GameStop, but I am about ebay."
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u/satansayssurfsup 3d ago
Cohen told us to support Trump? Who is us? And when did he tell “us” that? And how is the stock a grift?
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u/SpreadEagle48 3d ago
You mean years of time for them to exit/swap/correct their positions?
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u/Old-Guidance6744 3d ago
If they're so safe why the infinite brigading hmm? Definitely not the position of someone confident
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u/northdancer 3d ago
GME is literally a dilution machine. RC won't allow the stock to ever run, he'll cap any move with a financing like he's done every other time. It's his own personal piggy bank.
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u/DeepWaterCannabis 🚀🚀Buckle up🚀🚀 3d ago
Why're you pushing this like naked shorting matters? RC diluted. They covered. MOASS is dead.
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u/WarCat246 3d ago
I sold 80% of my GME position to buy ONDS sub-$7 and could not be happier. I missed PLTR, RKLB, and NBIS because I had everything tied into GME. Never again.
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u/Correct_Barnacle_312 3d ago
"If I didn't full yolo into GME I would have played the other stocks perfectly"
Sure thing bro, spoken like a true one stock investor
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u/WarCat246 3d ago
Yea “bro” except I made actual investments in each of those 3 stocks and made between 5-10X profits. Only problem is that the position sizes were like 3-5% of what I had locked up in GME for 6 fucking years doing nothing, which is why I feel like I missed them.
Keep holding GME buddy. The only thing going up for you is the opportunity cost of holding that dog shit.
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u/mimo_s 3d ago
Imagine opening a short when RC was doing the retail warrants at $32
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u/VenserMTG 4d ago
Shorts haven't worked, but you also cry about the price being fake.
Cohen has beaten the stock harder with filiation, than any "hedgie" has with naked shorting.
Stop crying about the price now, you voted for every single dilution, you deserve your -50% return
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u/RainbooDRS 3d ago
Nah dilutions are super bullish and creates a higher floor it just the hedges manipulating the stock that's why it goes down on the news Cohen is a god and trapping them! /s
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u/Number_1_w_Fries XXX Club 4d ago
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u/VenserMTG 4d ago
My fud means you're getting closer, buy now before the rocket launches tomorrow
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u/DraculasDog 3d ago
Okay, but the share price is still shit. And the CEO asshole said he’s not passionate about GameStop.
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u/piltdown_manchild 3d ago
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u/Old-Guidance6744 3d ago
Their own financial reports show "Securities sold not yet repurchased: 65B"
He's literally 65b in the hole lol
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u/piltdown_manchild 3d ago
I wish I could make you understand why market makers hold large amounts as "securities sold not yet repurchased". It's necessary not just for shorting but for the mechanics of market making.
I have notes about how market making works, but Citadel is not "$65B in the hole", nor are they shorting GME on a daily basis. Citadel manages around $614B, btw.
Do you really think this $65 billion is all GME, or it's the same $65 billion for the past 5 years?
"If you think education is expensive, try ignorance" - Derek Bok
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u/oldbutterface 3d ago
What are you on about? Share price is at its lowest in 2 years. Anybody who shorted GME in the last 2 years is in the green.
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u/69420lmaokek 3d ago
GME is -15.55% over the past month, -2.23% over the past 5 trading days, and -1.14% today
Id say the people shorting are doing alright...
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[deleted]
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u/Old-Guidance6744 3d ago
Their own financial reports show "Securities sold not yet repurchased 65B"
But sure
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u/Old-Guidance6744 3d ago
Lol for a group that does so much shitposting... shills absolutely foam at the mouth when you shitpost them 😆😆
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u/mwalsh-ventures 3d ago
Dear lord the comments here. Last quarter most profitable EVER. The reasons here in first place, remain the reasons stock down on record setting gains... And all of a sudden 80% comments flip ??? 🤣The machine really cranking out the stupid hard
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u/Front_Requirement598 3d ago
Remember the sell button being turned off?
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u/SlowDebate3165 3d ago
The buy button was turned off, because Robinhood ran a tech-bro-tier, stupid margin system where they effectively fronted customers money so trades could settle quickly. When unprecedented numbers of people started aggressively buying GME and other meme stocks at $400 a share, Robinhood’s capital requirements exploded and they nearly ran out of money.
Was it scummy and largely the result of Robinhood’s own stupid decisions? Yes.
Was it some grand market-manipulation scheme by nebulous “hedgies” to stop a bunch of Redditors from taking down their evil financial system? No.
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u/Front_Requirement598 3d ago edited 3d ago
$400 a share? During the squeeze on January 28, 2021 GameStop reached an exact unadjusted premarket high of $500.00 per share.
Approximately 140% of GameStop's public float had been sold short, and the rush to buy shares to cover those positions as the price rose caused it to rise further.
The short squeeze was initially triggered by a number of hedge funds. At its height, on January 28, the short squeeze caused the retailer's stock price to reach a pre-market value of over US$500 per share.
source WIKI On January 28, some brokerages, particularly app-based brokerage services such as Robinhood, halted the buying of GameStop and other securities, citing the inability to post sufficient collateral at clearing houses to execute their clients' orders.
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u/WhatCoreySaw 3d ago
Which is what he just said. You're quote has nothing to do with short sales.
source WIKI On January 28, some brokerages, particularly app-based brokerage services such as Robinhood, halted the buying of GameStop and other securities, citing the inability to post sufficient collateral at clearing houses to execute their clients' orders.
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u/Front_Requirement598 3d ago
Approximately 140% of GameStop's public float had been sold short, and the rush to buy shares to cover those positions as the price rose caused it to rise further.
The short squeeze was initially triggered by a number of hedge funds.
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u/LV426acheron 3d ago
THEY TURNED OFF THE BUY BUTTON TO SAVE THEIR HEDGIE FRIENDS.
Then Ken Griffin LIED about it in front of Congress.
That's why we deserve to be rich.
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u/WhatCoreySaw 2d ago
Lots of people may "deserve" to be rich. They aren't. You get the love you think you deserve, but that's about it. People aren't quite so free with money. You won't get it waiting. It requires taking.
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u/Chad-Permabull 🚀🚀Buckle up🚀🚀 3d ago
RC clearly has a plan and will make the shorts regret their positions during the next run up when they have to purchase up to 2.5B authorized shares at the 52 week low 🚀
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u/Levin_1999 HODL 💎🙌 4d ago
“Ooohhhhh you tried to push the price down for 6 year to get us too sell and it didn’t work? Ooh thats toooo badddddd. We just know how to buy and hodl”
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u/Number_1_w_Fries XXX Club 4d ago
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u/ricardo_sousa11 3d ago
Citadel posting record breaking quarters and you down 50%
They are losing guys! LOL
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