Poor Jews
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Damn the robinhooders really did almost destroy robinhood
up 61% in after hours trading, what the is going on
Also apparently Melvin's call day has not been confirmed to be tommorow, i was spreading that but it doesn't appear to have been confirmed
the issue with the clearing houses does appear to be a good faith explanation for why they stopped allowing new positions to be opened on those meme stocks... but im still floored at the forced stock sales that were going around.
evidently, thats pretty common practices if these were margin trades, but at least one report i read said that the forced sales werent limited to margin trades
dude's got more money then all of us combined and he can't set up his ing webcam
still think this is just a big pump and dump scheme for a handful of whales who are going to make a killing while convincing noobs on reddit to "hold the line
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Luckily, my fund manager doesn't invest in dead enders.
Gamestop is Blockbuster video circa 2009.
And by fund, I mean investment fund, not hedge.
Not just whales i'm sure that different hedge funds are trying to figure out how to short this because when melvin posts that they're call is done, that bubbles gonna burst and they'll be so many people left bag holding. I would like to know how they resolve the issue that they shorted 140% of the stock though.
I don't understand why the clearinghouses would have only misgivings with one side of the trade. So they don't allow these platforms to open new positions, but they do allow them to close them?
How does that work? As far as the clearinghouse is concerned, this is still your average transaction, with one buyer and one seller, and money exchanging hands.
You would think if the concern was volatility in general, then they would just stop the transactions entirely, period. Much like when a stock is temporarily stopped from trading.
I mean, big whales don't need noobs to pull this off. This is far from the first time a large short position is being targeted. It's been done by other hedge funds in the past as well.
It's just more visible because of who's doing the targeting. This is why there's a certain amount of outrage, tbh... like somebody said in a tweet, it's as if the market is mad the wrong people are doing stock manipulation.
because hundreds of thousands or millions of new robinhood users all trying to buy (when those transactions could take a couple of days to complete) requires them to basically front the purchases. a broker buying a stock for you needs the money to do so (even if you've promised to pay and have a transaction pending), but your broker selling a stock for you doesnt have to front any money for that transaction
what you're saying only might make sense if its the same brokerage handling both the buy and sell side of the given transaction
What’s the latest...I’ve been busy working with George Soros and his cabal of lizard people on a new Jewish Space Laser.
It’s your party Karrin, not mine
the GOP wants to cancel Liz Cheney and Mitt Romney but not QAnon Karen.
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wtf...
I am reading the opposite?
What is mainstream media please? They have people analyzing this in a number of different ways.
You just make a blatant blanket statement because it suits your nutty agenda of rich people eating children and authoritarians loving their people.
Fair, I’ll summarize: your girl Marjorie Taylor Green (she’s a Republican appointed to multiple committees by party leadership, so don’t try to disown your political affiliation with her) believes the California wildfires in 2018 were started by a Jewish space laser developed by the Rothschilds.
I understand that the broker needs to get to a delta position, but that's not a problem with the clearinghouse then, it's the broker covering it's own ass.
That's why I don't understand why these brokers are blaming the clearinghouse, they can just simply say they don't want to deal the risk.
Well, that's a a re ed theory. Thanks for summarizing.
Theory might also involve Dianne Feinstein’s husband, I honestly can’t remember.
Tbh if the Capitol rioters managed to take Feinstein out, THAT would have been an insurrection id give Trump a medal for inciting.
Dumb this stock thing down.
Still possible to get 500% + profits? Plug into reddit and get the info right as it comes out?
Or evil politicians (mainly Repug) have come to the rescue of their Hedge Fund owners?
Kinda late now, IMO. If you like to gamble, head to Vegas, at least you can stay in a nice hotel and maybe even get a massage with a happy ending...
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