blackrock already up 2.5 billion on thisIt’s not like there arent other massive hedge funds who are profiting from this short squeeze either
this isn’t just “the Everyman vs the billionaires”
Yup. Robinhood, etc are tools Big Banks use to make $ off ppl. By knowing whats trending. Their own algorithms Im sure contribute to Gamestop rise as they automatically buy when something is trending.It’s not like there arent other massive hedge funds who are profiting from this short squeeze either
this isn’t just “the Everyman vs the billionaires”
They are probably doing lots of adjustments to their algorithms right now. But in the end yes they will make $ off this
Best is the Winklevoss twins pushing the “HOLD THE LINE, TO THE MOON!” rhetoric hard while claiming they “have no money in this”
whoever actually times their short right is going to make a ing killing
No, it's not a no brainer.
A no-brainer is buy Amazon stock and hold it until you retire.
The precedent for GME the past 3 days is a high open trailing off most of the day, with some big dips and es but rarely if ever meeting the open price. The overall trend is downward. If you bought $10,000 of GME stock at the dip three days ago, you'd have an extra $3K right now. Is that worth it?
Of course its worth it
A no-brainer is buy Amazon stock and hold it until you retire.
The precedent for GME the past 3 days is a high open trailing off most of the day, with some big dips and es but rarely if ever meeting the open price. The overall trend is downward. If you bought $10,000 of GME stock at the dip three days ago, you'd have an extra $3K right now. Is that worth it?
If you need $3K that bad you shouldn't be risking $10K on a volatile stock where you're just as likely to lose $3K.Of course its worth it
Question: Is it worth it to bet a dollar to win 30 cents?
Hater: obviously if you win 30 cents its worth it lmao
dis mon be a know nothing bald head
A no-brainer is buy Amazon stock and hold it until you retire.
The precedent for GME the past 3 days is a high open trailing off most of the day, with some big dips and es but rarely if ever meeting the open price. The overall trend is downward. If you bought $10,000 of GME stock at the dip three days ago, you'd have an extra $3K right now. Is that worth it?
da short % is still over 100%...if I and I pon $10,000 down at opening and wait for da squeeze Jah will bless da rastafari with far more than $3k.
it's time to take down da stem and all become Neguse Negest!
Here ya go ya bumbclotdis mon be a know nothing bald head
da short % is still over 100%...if I and I pon $10,000 down at opening and wait for da squeeze Jah will bless da rastafari with far more than $3k.
it's time to take down da stem and all become Neguse Negest!
https://financhill.com/most-heavily-...d-stocks-today
The astronomical rally in GameStop has imposed huge losses of nearly $20 billion for short sellers this month, but they are not budging.
Short-selling hedge funds have suffered a mark-to-market loss of $19.75 billion year to date in the brick-and-mortar video game retailer, including a nearly $8 billion loss on Friday as the stock kept ripping higher, according to data from S3 Partners.
Still, short sellers mostly are holding onto their bearish positions or they are being replaced by new hedge funds willing to bet against the stock. GameStop shares that have been borrowed and sold short have declined by just about 5 million over the last week, marking an 8% dip in the short interest, according to S3. Most of the short covering occurred on Thursday, when the stock fell for the first time in six days.
“I keep hearing that ‘most of the GME shorts have covered’ — totally untrue,” said Ihor Dusaniwsky, S3 managing director of predictive analytics. “In actuality the data shows that total net shares shorted hasn’t moved all that much.”
“While the ‘value shorts’ that were in GME earlier have been squeezed, most of the borrowed shares that were returned on the back of the buy to covers were shorted by new momentum shorts in the name,” Dusaniwsky added in an email.
Shares of GameStop, along with other heavily shorted stocks, ed once again Friday, after Robinhood said it was resuming limited trading of previously restricted securities. The gain pushed GameStop’s rally this week to over 400% and this month to more than 1,600%.
Tesla short-sellers lost $38 billion throughout the automaker's colossal 2020 rally
https://markets.businessinsider.com/...1-1-1029928298
So has anybody in here gotten rich off of GME?
Only people who owned a lot of GME before this week.
That's what I figured.
quite few of BigFinance had GME stock, including Norway's sovereign fund
They've made $Bs
Couldn't buy any... $AMC & $NOK for now.
https://isthesqueezesquoze.com/
GME shorts have not begun to close their positions in substantial numbers.
the situation (1/29 10 AM ET):
short interest: 75.54% of float by Ortex, 113.31% of float by S3 Shortsight
short share public availability: 0
Shorts are exiting their positions, but an amount of shares equal or almost equal to float is still shorted.
robinhood and other brokerages didn't have the capital to place buy orders at times yesterday. Robinhood is apparently going so far as to liquidate GME shares in accounts that are not using margin trading(!) If you're still on robinhood, you should find a new broker ASAP. Retail brokers who didn't blow up completely yesterday include:
vanguard
td ameritrade
fidelity
I heard Robinhood gets a lot of revenue from this ed over hedge fund. They are selling retail investors shares to make shares available for the hedge fund to cover.
incorrect mon. Shares bought fin margin got da sell. I and I still cry out bumbaclot on dat wicked fella Robinhood me no truss dem bag o wire.
Wal Mart: 140.49
Best Buy: 108.82
GameStop: 325.00
lol
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