This video is retarded and wrong. What the hell is this site turning in to? Are we occupy wall st now?
Short selling is perfectly fine and healthy for the market. There is nothing wrong or evil about it. There are, however, risks associated with it because it involves borrowing and unbounded risk. Wall st got egg on their face because they made a good bet (GME is a garbage, shit company) but failed to consider what happens when everyone and their mother has short positions and the stock price goes up a little. Oops! Looks like people are calling their shares back! Oops! The price is crashing up and everyone is forced to cover! Oops!
This wasn't reddit that did this and short selling isn't bad and hedge funds are not inherently bad either, except when people running those funds cheat like Warren Buffet did with Berkshire Hathaway, the Burlington Northern, and the Keystone Pipeline Executiqve Order. Short selling is not cheating.
Gamestop is an anti-Trump woke communist company that can't figure out how to compete as a brick and mortar company that sells software hardcopies in the age of digital downloads and mail-order products. Why the hell are you people bullish on them or supportive of them? Their stock will be $20 or less in no time after the squeeze runs its course.
Of course short selling isn't wrong. Did you watch the video?
"except when people running those funds cheat like Warren Buffet did with Berkshire Hathaway, the Burlington Northern, and the Keystone Pipeline Executiqve Order." Always been that way
I read the title which falsely claims redditors have stuck it to the man and are responsible for the squeeze, which is stupid and wrong.
I watched the first minute where the guy claims that shorting creates nothing of value and is just leaching off the system, which is patently false and stupid.
Profiting off the downfall of a bad company that sucks at doing business is called capitalism. Short sellers don't drive prices down, they have to cover their positions at some point, so they win by calling out companies for being shit, not by being responsible for the failure of those companies.
Blaming short sellers is weak ass shitty companies trying to blame anything but themselves for their failures.
So YOU think the retail institutions have all decided to buy GameStop and that is the reason it is up from 20 to 340, just normal marker institutional buying...
I know what retail investors are, I know what institutions are, but there is a guy on the idiot telling me I'm making people dumber and talking about "retail institutions."
Lmfao
Gamestop is at 340 from 20 in a week because of INSTITUTIONS covering their massive short positions as loaned shares are called back, buy to cover limits are hit which were put into place to place a lower-bound on risk at 100% of principle (this is what happed to Andrew Left more than likely), margin calls, or they simply got spooked by >100% losses.
Reddit retail investors probably moved the price 1% at best, later on more retail clowns piled on, watching the price move and thought "wow gamestop must be a great company!" But let's be real, retail investors aren't driving this. Hedge funds covering short positions are. This isn't in dispute.
Think I am wrong? Look at TLRY in 2019. Nobody disputes what happened there. Gamestop will be a pile of smoldering ashes in weeks.
Bad Ass, We can't let reddit out do us. We need to start one of these stock runs
Can anyone recommend a site where you can easily purchase and sell stocks?
robinhood
Schwab.com
Thanks I’m lost!
A couple more good videos on GameStop.
https://youtu.be/DYZHtF-tV0k
https://youtu.be/wgYZk9Mc804
This video is retarded and wrong. What the hell is this site turning in to? Are we occupy wall st now?
Short selling is perfectly fine and healthy for the market. There is nothing wrong or evil about it. There are, however, risks associated with it because it involves borrowing and unbounded risk. Wall st got egg on their face because they made a good bet (GME is a garbage, shit company) but failed to consider what happens when everyone and their mother has short positions and the stock price goes up a little. Oops! Looks like people are calling their shares back! Oops! The price is crashing up and everyone is forced to cover! Oops!
This wasn't reddit that did this and short selling isn't bad and hedge funds are not inherently bad either, except when people running those funds cheat like Warren Buffet did with Berkshire Hathaway, the Burlington Northern, and the Keystone Pipeline Executiqve Order. Short selling is not cheating.
Gamestop is an anti-Trump woke communist company that can't figure out how to compete as a brick and mortar company that sells software hardcopies in the age of digital downloads and mail-order products. Why the hell are you people bullish on them or supportive of them? Their stock will be $20 or less in no time after the squeeze runs its course.
Video "Short sellers can be good, for example exposing Enron."
You "This video is retarded, there is nothing wrong with shorting!!!"
Facepalm
Of course short selling isn't wrong. Did you watch the video?
"except when people running those funds cheat like Warren Buffet did with Berkshire Hathaway, the Burlington Northern, and the Keystone Pipeline Executiqve Order." Always been that way
I read the title which falsely claims redditors have stuck it to the man and are responsible for the squeeze, which is stupid and wrong.
I watched the first minute where the guy claims that shorting creates nothing of value and is just leaching off the system, which is patently false and stupid.
Profiting off the downfall of a bad company that sucks at doing business is called capitalism. Short sellers don't drive prices down, they have to cover their positions at some point, so they win by calling out companies for being shit, not by being responsible for the failure of those companies. Blaming short sellers is weak ass shitty companies trying to blame anything but themselves for their failures.
Dont know about you, but I support capitalism.
Go ahead and double down on stupid.
So you think WallStreetBets has NOTHING to do with causing the short squeeze in GameStop? I hope you don't work in the financial industry.
GME is 117% held by institutions. If you think retail investors can move the price of a stock like that I have a bridge to sell you.
Perpetual Short Squeeze Machine
So YOU think the retail institutions have all decided to buy GameStop and that is the reason it is up from 20 to 340, just normal marker institutional buying...
You are making people dumber with your posts.
"retail institutions"
Wtf is a retail institution?
I know what retail investors are, I know what institutions are, but there is a guy on the idiot telling me I'm making people dumber and talking about "retail institutions."
Lmfao
Gamestop is at 340 from 20 in a week because of INSTITUTIONS covering their massive short positions as loaned shares are called back, buy to cover limits are hit which were put into place to place a lower-bound on risk at 100% of principle (this is what happed to Andrew Left more than likely), margin calls, or they simply got spooked by >100% losses.
Reddit retail investors probably moved the price 1% at best, later on more retail clowns piled on, watching the price move and thought "wow gamestop must be a great company!" But let's be real, retail investors aren't driving this. Hedge funds covering short positions are. This isn't in dispute.
Think I am wrong? Look at TLRY in 2019. Nobody disputes what happened there. Gamestop will be a pile of smoldering ashes in weeks.
So you have no answer to the question as to why you believe GameStop is going up?
Sorry you are jealous ninny that missed out.
BYE