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A picture of a short squeeze in progress...

solarion

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^updated^

found a way in
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Ensoniq

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if they want to continue to maximize the pain,
they have to get out while the gettin' is good, otherwise it is all for naught

leave them holding the bag on a zero stock, as let's face it, gamestop isn't worth diddly

give them their cherished stock, sell it to them lock stock and barrel, every friggin' share at these prices,

then sit back and laugh

it is trading places all over again if they pull it off

Yes but if the longs band together (like the shorts do) there’s no way out for the naked shorts because no one is selling and there aren’t enough shares to cover. The loss is infinite or default in theory

What happens is the price finally rises enough that the long resolve weakens and profits are taken

Personally I think shorting is efficient for the market because it help keep the price closer to market (in theory)

Naked shorters or brokers that take short trades without holding or borrowing the stock belong in prison
 

solarion

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Yes but if the longs band together (like the shorts do) there’s no way out for the naked shorts because no one is selling and there aren’t enough shares to cover. The loss is infinite or default in theory

What happens is the price finally rises enough that the long resolve weakens and profits are taken

Personally I think shorting is efficient for the market because it help keep the price closer to market (in theory)

Naked shorters or brokers that take short trades without holding or borrowing the stock belong in prison
Absolutely, but as we've seen time and again, there is no controlling legal authority. When the wrong people are losing money, the market makers most likely halt trading, conjure "temporary liquidity" from thin air, let the "VIP investors" out of their endangered positions, and then resume.

How many times have we been told that market makers are there to provide liquidity? The moar equal investors will be made whole at the expense of the little people.
 

Mujahideen

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Someone didn’t read the TOS.
 

anywoundedduck

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GOLDBRIX

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frbny buys the short positions of the vipers, puts them in a lock box
They did not for the hedge fund hit for a Market Call yesterday. The had to seek protection from to outside financiers.
 

hammerhead

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I wonder if the hedge funds beat the price down by selling shorts...

And you should have got the ps5
They're up to 5 now? I lost track of all them when zelda came out but remember dropping a hundred every Christmas to get the new console.
 

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here is the current fight back by the empire,

gme.jpg
 

Mujahideen

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How many shorts outstanding?
 

GOLDBRIX

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For those chasers who got involved late I hope they got in BELOW $240.00. Those that got in at the top sorry about the lesson at HardKnocks.
Hopefully the LATES are Hedge Funds attempting to cover margin calls.
 

solarion

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Jeepers. GME has a daily low of $126 and a daily high of $492! ...and people whine about the volatility of cryptos. lol
 

the_shootist

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the_shootist

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For those chasers who got involved late I hope they got in BELOW $240.00. Those that got in at the top sorry about the lesson at HardKnocks.
Hopefully the LATES are Hedge Funds attempting to cover margin calls.
I broke even

$0 invested $0 lost $0 gained
 

edsl48

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Politics makes strange bedfellows


'This is unacceptable': AOC, Ted Cruz and others side with retail investors, slam Robinhood and Wall Street amid GameStop mania

Ethan Wolff-Mann

·Senior Writer
Thu, January 28, 2021, 11:19 AM·2 min read



The battle between the financial establishment and small individual investors is heating up, and the situation is already becoming political — in some cases providing some interesting common ground.
The anger is bipartisan. Rep. Alexandria Ocasio-Cortez (D., N.Y.), Rep Ro Khanna (D., Calif.), Sen. Ted Cruz (R., Texas) and even Donald Trump Jr., eldest son of the former president, have all called out the situation as unfair for individual investors.
As Robinhood and other brokerages halted buying of Gamestop (GME), AMC (AMC) and other stocks Thursday, only allowing users to sell their positions, a wave of anger — and accusations of hypocrisy toward Robinhood — washed over parts of the trading community.
Hedge funds could buy and sell, but on many platforms, retail investors could only sell.
“This is unacceptable,” AOC tweeted on the news. “Fully agree,” Ted Cruz responded.
In a statement Thursday, Democrat Rep. Ro Khannna of California also supported the small investors’ rights to buy.
“This entire episode has demonstrated the power of technology to democratize access to American financial institutions, ultimately giving far more people a say in our economic structures,” he wrote. “This also showed how the cards are stacked against the little guy in favor of billionaire Wall Street Traders.”
“While retail trading in some cases, like on Robinhood, blocked the purchasing of GameStop, hedge funds were still allowed to trade the stock,” Khanna added.

In his statement Khanna called for “more regulation and equality in the markets” and said that the country needs access and equity “across every sector of our economy.”
Khanna said he was fed up with “hedge fund billionaires” who “treat the stock market like their personal playground, then taking their ball home as soon as they lose.”

Sen. Elizabeth Warren (D., Mass.) has also taken an interest into the week’s action, issuing a statement similar to Khanna’s, but before the issue of retail access came about.
How regulators would address the situation is unclear, but the SEC and the White House have said they were monitoring the situation.
https://finance.yahoo.com/news/this...ll-street-amid-game-stop-mania-171906758.html
 

BarnacleBob

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the_shootist

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the_shootist

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arminius

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The CASINO is heating up.

Wide swings, instability, insider negotiable territory only, welcome to the JUNGLE.
 

chieftain

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Gamestop were swirling around the drain, so how does it get to the point where 140% of the GameStop stocks were shorted?
 

ABC123

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MEET YOUR NEW SEC ENFORCEMENT, PETER STRZOK'S WIFE
THIS WILL TOTALLY SEE JUSTICE

https://www.sec.gov/news/press-release/2021-15

Been the Associate Director in SEC Enforcement Division since 2016



Melissa Hodgman Named Associate Director in SEC Enforcement Division

Washington D.C., Oct. 14, 2016 —

The Securities and Exchange Commission today announced that Melissa Hodgman has been named Associate Director in the SEC’s Enforcement Division. Ms. Hodgman succeeds Stephen L. Cohen, who left the SEC in June.
Ms. Hodgman began working in the Enforcement Division in 2008 as a staff attorney. She joined the Market Abuse Unit in 2010 and was promoted to Assistant Director in 2012.
 

Zed

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Watching the Sideshow!
Yeah well...

Wall St Bets goes viral with a short squeeze on Games Stop. The media demonize the swarm of small traders blamed for the action. Meanwhile it looks like big $ from Citadel aided the move. Action is taken to prevent more buying and allow only selling.

A precedent is set and a narrative spun. Out of control vindictive small traders are wrecking the market.

Then they call for a move on Silver!

Get my drift? Is this a setup so that heavy handed tactics can be used against a Silver rally? We have a scape goat and a media narrative, ideal fodder for the spin doctors.

I don't like this.
 

ABC123

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What if all the short positions were a way to pay off those responsible for stealing the election?
 

Uglytruth

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Forced sales.......... You now have millions of people pissed off and painted a target on your back. Market go :bombs 7::bombs 8::bomb 1: soon. I don't know about the universal basic income angle but from reading comments they will work this from another angle.

Last I heard they went overseas. Germany had to shut their trading down & it moved to India.............
 

the_shootist

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Alexandria Ocasio-Cortez

@AOC

·
5h

This is unacceptable. We now need to know more about
@RobinhoodApp
’s decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit. As a member of the Financial Services Cmte, I’d support a hearing if necessary.
-------------------

Let that ruminate for a bit,

That little 2 bit ho bartender is a member of the Financial Services Cmte of the largest economy in the world.

and then some want to tell me these people are 'real', that voting matters, that these are our leaders?

GTFOOH...................
 

ABC123

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Absurd, outrageous and there should be a @TheJusticeDept #SEC investigation into who may be colluding with whom..
Save those texts and emails @RobinhoodApp and #BigHedge
https://twitter.com/ericbolling/status/1354891875480707074

In case you aren't following the Reddit/WallstreetBets/$GME stock market madness, @RobinhoodApp is now selling off many Redditors' shares *whether they want to sell them or not.*
https://twitter.com/themaxburns/status/1354873559663960066

Wow, @RobinhoodApp does in fact seem to be closing out $GME positions on behalf of retail investors, arguing it's for their own good.
Never seen folks *forced* to sell their stock to protect a hedge fund before. Absolutely wild.
https://twitter.com/themaxburns/status/1354872948226732046
 

the_shootist

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View attachment 200048View attachment 200049
Absurd, outrageous and there should be a @TheJusticeDept #SEC investigation into who may be colluding with whom..
Save those texts and emails @RobinhoodApp and #BigHedge
https://twitter.com/ericbolling/status/1354891875480707074

In case you aren't following the Reddit/WallstreetBets/$GME stock market madness, @RobinhoodApp is now selling off many Redditors' shares *whether they want to sell them or not.*
https://twitter.com/themaxburns/status/1354873559663960066

Wow, @RobinhoodApp does in fact seem to be closing out $GME positions on behalf of retail investors, arguing it's for their own good.
Never seen folks *forced* to sell their stock to protect a hedge fund before. Absolutely wild.
https://twitter.com/themaxburns/status/1354872948226732046
Why there ottah be a law!!!
 
Last edited:

Uglytruth

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The miserable old bastards know the system is rigged. Now the younger people are seeing the system is rigged. So you got pissed off old people getting screwed by zero interest rates & the younger generation that ain't got shit to begin with........ seeing where the problem really is and joining forces against a common enemy of the people. Anyone think where all this anger is going to be directed? .gov, courts, wall street, mega corps. Who will win?

How is 100K people controlling 7.8 billion? How much longer can the few hold the many back?

This is very personal to many. How many kids have seen their dad cry when he came home from getting laid off when his his pipeline job just disappeared with the stroke of a moron's pen? How many will loose their homes? Not go on vacation, school clothes, prom, car etc. They see the problem clearly & it's not natural, it's as man made as the kung flu.

Almost seems like a "great reset" or something.........

On this trading deal. I read where they will attack the rail roads......... HEY WARREN YOU LISTENING? What happens when one of them trains of oil go gushing all over the place........... They are not going to stop.
 

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Alexandria Ocasio-Cortez
@AOC

·
5h

This is unacceptable. We now need to know more about
@RobinhoodApp
’s decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit. As a member of the Financial Services Cmte, I’d support a hearing if necessary.
-------------------

Let that ruminate for a bit,

That little 2 bit ho bartender is a member of the Financial Services Cmte of the largest economy in the world.

and then some want to tell me these people are 'real', that voting matters, that these are our leaders?

GTFOOH...................

Agree, its all one big shit show and we are the audience that provides them CONSENT to play this game... its all about CONSENT.