The hedge funds have been betting on it to lose for 2 years, just kept shorting and shorting up to 138% over the available stock. The business model is outdated with coupled with the fact malls are in decline and the scandemic making the perfect storm.
Some one did the homework and realized the Hedge funds have their dicks stuck in a bear trap and wanted to stay in it, retards are making them pay
I get the analogy, but I'm very uneducated when it comes to the stock market, so the bit I still don't understand, is how do the hedge fund billionaire snakes "borrow the bananas for a bit" in order to sell them short?
Do they buy the stocks using money they don't really have? Or what?
Basically you go to a corporation and tell them to invest with you and make big capital back, the more you put up the bigger the returns
So this corporation gives you $20 because you said you'd turn it into $25 only now you and your buddies go buy loads of $2 cheap stocks, driving up the price as more and more is bought, then when $2 stock maxes out at say $5 you and your buddies sell it alll fast
Now you have $50 and you go back to the corporation and give them their $25 which makes them happy to invest more again next time
And you walk away with $25 from nothing
($20 not to scale you need to add another 000,000- 000,000,000 at least to reflect the kinds of moneys these guys deal with on a daily basis)
Harambe with the skills
Rockets out for Harambe.
See Poor kids are just as smart as White Kids!! KeK
You are now smarter and a better teacher than most in public education. You damn dirty ape.
Best description I’ve seen all day! 🍌
This was helpful, but why was GameStop selected?
The hedge funds have been betting on it to lose for 2 years, just kept shorting and shorting up to 138% over the available stock. The business model is outdated with coupled with the fact malls are in decline and the scandemic making the perfect storm.
Some one did the homework and realized the Hedge funds have their dicks stuck in a bear trap and wanted to stay in it, retards are making them pay
Because a bunch of teens and 20 somethings on reddit who started all this
I think it's a little more nuanced than that, but you aren't wrong.
Thanks for this.
I get the analogy, but I'm very uneducated when it comes to the stock market, so the bit I still don't understand, is how do the hedge fund billionaire snakes "borrow the bananas for a bit" in order to sell them short?
Do they buy the stocks using money they don't really have? Or what?
THANK YOU!!!
But how does one borrow stocks?
You pay someone a shit ton of money for it
Basically you go to a corporation and tell them to invest with you and make big capital back, the more you put up the bigger the returns
So this corporation gives you $20 because you said you'd turn it into $25 only now you and your buddies go buy loads of $2 cheap stocks, driving up the price as more and more is bought, then when $2 stock maxes out at say $5 you and your buddies sell it alll fast
Now you have $50 and you go back to the corporation and give them their $25 which makes them happy to invest more again next time
And you walk away with $25 from nothing
($20 not to scale you need to add another 000,000- 000,000,000 at least to reflect the kinds of moneys these guys deal with on a daily basis)
Brilliant explanation and fcuking sweet result
Hmph! Monkey make derivatives.
Dicks out....
Dicks out for Harambe.
It makes sense now haha 😂 good day
Away from me, you evildoers!