I didn't say they won't be losing. They're still losing billions, but if they hadn't pulled this bullshit today the losses and ripple effects would be far bigger. You're also assuming all of Wall Street took massive hits.
But you think they had Robinhood and the other apps stop trading for these stocks to what, still lose just as much????
My point is they did stop some of the bleeding. Unless you think that what they did today not just futile but more harmful to them (since it will obviously lead into investigations and lawsuits).
They've already lost 14 Billion yesterday.
They weren't forced to trade in the shorts. They tried to buy back with a loan they took but that was nowhere near 14 billion. And that valuation was based on projection. But that was if the value had stayed at that high. The stock value is now lower than it was yesterday. And since the SEC will take their sweet time to do anything, the price will most likely tank more tomorrow when the market opens (especially since hedge funds do pre-market trading).
They won't be bailed out fast enough.
There is not 1 mention of a bailout in my previous comment.
Burden of proof is on you, and you didn't prove shit.
I called you on your bullshit.
Burden of proof on both of us speculating?? Are you retarded??
You seem to think wallstreet is gonna be just fine, but provided no evidence to back that up. They've already lost 14 Billion yesterday. It's gone.
They can lose so much more after close on Friday. They won't be bailed out fast enough. Burden of proof is on you, and you didn't prove shit.
I called you on your bullshit.
I didn't say they won't be losing. They're still losing billions, but if they hadn't pulled this bullshit today the losses and ripple effects would be far bigger. You're also assuming all of Wall Street took massive hits.
But you think they had Robinhood and the other apps stop trading for these stocks to what, still lose just as much????
My point is they did stop some of the bleeding. Unless you think that what they did today not just futile but more harmful to them (since it will obviously lead into investigations and lawsuits).
They weren't forced to trade in the shorts. They tried to buy back with a loan they took but that was nowhere near 14 billion. And that valuation was based on projection. But that was if the value had stayed at that high. The stock value is now lower than it was yesterday. And since the SEC will take their sweet time to do anything, the price will most likely tank more tomorrow when the market opens (especially since hedge funds do pre-market trading).
There is not 1 mention of a bailout in my previous comment.
Burden of proof on both of us speculating?? Are you retarded??