/r/WallStreetBets raids hedge funds with stock meme?

[spurraider21]

GameStop has an earnings release in a month. When that’s as ty as every other recent GameStop earnings release is, this all comes to an end (assuming it lasts that long). Robinhood should go out of business after this, but anyone still buying GME is a complete re .

why would their earnings release even impact anything? its not like the price going up is actually reflective of people's opinions on gamestop's prospects whatsoever. nobody is being duped into thinking they've suddenly become massively more profotibale

[TimDunkem]

why would their earnings release even impact anything? its not like the price going up is actually reflective of people's opinions on gamestop's prospects whatsoever. nobody is being duped into thinking they've suddenly become massively more profotibale

Yeah that's missing the picture. Everyone is ironically singing GS's praises. This is about taking Melvin for all their worth.

[spurraider21]

also, i'm fairly stock market illiterate (my 401k is largely in index funds at this point)...

can somebody ELI5 how you can tell when people are "buying like crazy" or "selling like crazy" when every purchase has 1 buy and 1 sell? is it just reflected by the price of the trade? ie trades that happen below market value are indicative of a "sell" and trades above market value are considered a "buy"?

[Trainwreck2100]

Perhaps unrelatedly, AMC has already staved off bankruptcy til later this year. Apparently they raised a lot of money before GameStop came along.

I read that the people they owe money to (silver lake) released more stock into the market.

[TimDunkem]

Halt lifted. Stocks rise.

Shocker.

[Trainwreck2100]

this is what they think will play out

[TimDunkem]

this is what they think will play out

It's inevitable. The trick is to know when to get out. Tomorrow might be the day.

[spurraider21]

the top of the needle is when the reddit whales unload without warning

[Trainwreck2100]

one of the whales before it opened back up

[TimDunkem]

Get'm, bb:

[Trainwreck2100]

info on that whale, apparently he make 200k a year and bought a majority of his stock in june, in case you guys were wondering

[TimDunkem]

LOL At these dips with that low trade volume. This will go to the moon before the real crash.

[TimDunkem]

omg

Talk about being on the wrong side of history, RH. They have TED CRUZ agreeing with AOC.

[DMX7]

info on that whale, apparently he make 200k a year and bought a majority of his stock in june, in case you guys were wondering

bought it June or began shorting it in June?

[TimDunkem]

Meh, those hearings are just an opportunity for politicians to grandstand about the system for political points, before doing jack to actually hold anyone accountable. The Robinhood CEO will get publicly shamed for 2 hours, face no other consequences, and nothing will be learned or changed.

Probably, but hopefully not before people take their money from it and run after this is over.

[TimDunkem]

omg

Talk about being on the wrong side of history, RH. They have TED CRUZ agreeing with AOC.

Might get buried. Just bumping this for historical reasons.

[TimDunkem]

Another halt ended. Another Rise. Back near 300.

Swing and a miss. The suits at Melvin Capital ting bricks atm.

[baseline bum]

Down 64% now. I’ll be seriously impressed if the Redditors can hold the line and get it back up to $300.

$309 now

[Trainwreck2100]

bought it June or began shorting it in June?

he's not shorting he lost that 9 million just today from what he had yesterday. The two biggest players I've seen are this guy and deep ingvalue. deep ingvalue is the big money that always gets shared he apparently started last january at 50k, he's already cashed out 6 million though

[TimDunkem]

$309 now

Annnnd they halted again.

You can almost taste the hedge fund tears from here.

[Adam Lambert]

Where are y'all seeing that? I'm only seeing $232.

[baseline bum]

Annnnd they halted again.

You can almost taste the hedge fund tears from here.

You're talking Robinhood and TD Ameritrade halting trading Gamestop stock?

[TimDunkem]

Where are y'all seeing that? I'm only seeing $232.

Through my brokerage app for me. It dipped slightly and they're halting again. The writing is on the wall, this is going to go up once RH and others cave to the pressure and allow buys again.

[Winehole23]

if i was a hedge fund, I might short em again.

[TimDunkem]

You're talking Robinhood and TD Ameritrade halting trading Gamestop stock?

Trading halts. Then the s sell to each other behind the scenes artificially driving the price down to scare noobs into selling. Those dips were artificial and inorganic.