It’s a war of attrition. Sure some limp wrists will sell. Those that understand (a majority of those that have been in this for more than a week) including some heavy hitters won’t be scared off by some zio-capitalists making their rounds on MSM. Sure they are STILL shorting the fuck out of GME. They have NO choice. There are also plenty of blackballed investors who have no problem losing a couple million to keep hedge funds (at minimum) sweating and forcing more risk or (best case scenario) folding. As far as the ‘peak’ being reached, until Melvin settles their position, that is nothing more than room temp iq hot takes. To the moon lads. Also, you have yet to explain how Melvin can possibly settle 130% of available shares. Even IF every share was sold, Melvin is 30% short.
I see that Melvin has supposedly closed out its position
took a quite a hit
on the other side there a lot of retail investors who will take a hit if they're left holding the bag
Should have everyone voice there opinion of the best short and long places to be.I mean, everybody has an opinion right? Whus Yo's?
I'd be short silver
everybody should own a little gold ( for the hell of it-)
long long long early quarter eagles
I love classic quarter and half eagles-Long long long
long pork bellies
short sugar
long on Florida real estate-everywhere in the state but specially from Orlando on South
SHORT on california real estate
short the price of weed across the fruited plain ( in general.Always a top shelf that's $++
that's it for now, I ain't sayins no mo!
I don't do the stock market so....,,,,can you buy stock in Gucci? If so, go long.
I see that Melvin has supposedly closed out its position
took a quite a hit
on the other side there a lot of retail investors who will take a hit if they're left holding the bag
Prove them closing out positions, actual black and white legal documents, not a talking head or twitter account... I’ll wait
You are absolutely wrong about the south Fl real estate market.... it is absolute garbage... fuck off we are full
The Florida real estate game is about as slimy as it gets.
Puffing is legal...... Pfffft.....
Oh I’m well aware of the Fl. real estate game. Puffing is the smallest of the issues. There are many terms locally all describing ‘lightning fires that just happen to be at the right location and very convenient for whatever the next big play may be.’ Add to that the incestuous financial relationships between all of the big players and banks it’s a pretty fucking cool 3 ring circus.
I'll second the fact that there's no proof that Melvin closed out. Maybe they closed some of them so they could legally say something to that effect at a press conference.
I'll be the first to say that I don't understand enough to know how this could turn out or any of the ways that Melvin could come out on top. I've read enough of the CNBC stories and they smell fishy to me, but hey, what do I know.
I didn't get in super early and I only have a handful of shares but like I've said before, I'll spend more at a weekend at the casino.
Would argue even the positions supposedly ‘closed’ were just sold to another hedge fund then bought back. There are forums that cost thousands of dollars a month to ‘discuss trading’. The issue here is the asymmetrical knowledge. It’s obvious the fat cats have a leg up in knowledge and HATE the fact their super secret schemes have been put out in public
Yep. The lies put forth by Melvin and the Liars(Great band name, btw) were patently obvious from the start. The act that sealed the deal was RHs suspension right at a time when they could drive the price down and grab a shitload of shares.
I like the stock
RH takes money from citadel for their ‘market analytics’. The irony in the name alone proves there IS a god and he is a sadistic mother fucker! Same shit happened in 1908 when the ‘bankers’ over issued gold certificates. The amount of certificates > actual gold. Hence the ‘federal reserve’ was created. Only issue know is with technology, the masses are able to commicate. Melvin, citadel and hedge funds in general got caught with their dicks in the birthday cake and have no exit strategy in sight
Even the fall back ‘alt-right white nationalist Natzees caused this’ talking point has fallen on deaf ears.