They’re getting fucked by the retail investors. Don’t we know that they’re the ones who are supposed to be manipulating stocks. How dare the serfs try to make money by undermining our greedy short bets!
I saw a documentary on the market & retail purchasers are a tiny proportion. The vast majority of sales & purchases are made by supercomputers that carefully monitor stock values, calculate the probabilities of upward & downward price movement, then buying or selling millions of shares all in a microsecond. It's impossible for any class of buyers to get ahead of these AI investors, who make the vast majority of activity & profits.
I mean the guy who came out and claimed he was shorting was stupid to make that announcement public. I wouldn't be surprised if someone caught on to the retail buyers and whaled the stock seeing the hype train that followed.
They’re getting fucked by the retail investors. Don’t we know that they’re the ones who are supposed to be manipulating stocks. How dare the serfs try to make money by undermining our greedy short bets!
But could retail investors alone have this much of an impact? Gotta think there is at least some institutional money behind this squeeze.
Yes. Someone is stealing money and using retail investors as a cover.
I saw a documentary on the market & retail purchasers are a tiny proportion. The vast majority of sales & purchases are made by supercomputers that carefully monitor stock values, calculate the probabilities of upward & downward price movement, then buying or selling millions of shares all in a microsecond. It's impossible for any class of buyers to get ahead of these AI investors, who make the vast majority of activity & profits.
The short was 140% of available float. Yes retail investors can have this much impact, that is what this is showing.
I mean the guy who came out and claimed he was shorting was stupid to make that announcement public. I wouldn't be surprised if someone caught on to the retail buyers and whaled the stock seeing the hype train that followed.
The bums lost lebowski.
You're not allowed to have a president of your choosing, and you certainly aren't allowed to purchase stock and fuck over hedge funds.