/biz/ - Business & Finance

I saw in the last thread an anon was being dog piled for suggesting the basket stock theory is correct. The basket theory still holds water after all this time. To my knowledge, nothing has disproved it. Now that time has passed, Cohen's now confirmed involvement in BBBY strengthens that argument.

>the ONE stock with idiosyncratic risk

Let's think of the game theory behind this statement. If I was the SEC, GameStop has had to much public attention to ignore. Saying there is one risk, is a way to avoid people hunting for another situation like GameStop. Let me give an example. Hypothetically, you have two bodies in your house. The cops are at the door about to break in. You can either hide both bodies in the same spot or hide them in different spots. Now the cops bust in and catch you literally red handed with one body. Are you going to tell the cops that you have another body hidden somewhere in the house? Fuck no, you are going to lie and say you have only one body(one idiosyncratic risk). I find it hard to believe that only one stock has been over shorted. Considering how greedy wall street is, I wouldn't be surprised if every single stock in the market is fucked up to some degree or another.

Choosing what stocks are in the basket stock is up for debate. However, just because the SEC has said "there is one stock with idiosyncratic risk" does not make it 100% fact. Labeling a stock as a "distraction stock" is a classic divide and conquer technique. I see no issue with people holding positions in basket stock companies. Only a giga autist or shill would suggest holding a single stock. With that being said, I am pure book DRS'd and I will continue you add to my position until moass.

Finally, does anyone have actual proof that Icahn has a fucking short position in GME? I have not seen a single shred of evidence to support this claim. So until there is proof, Icahn does not have a short position in GME.

When will they learn. I'm just going to keep buying more shares. The cheaper they make it, the more I buy. Could the 7 4 1 schizo theory be that 7 companies are going to combined into 1? Like GME/BBBY/AMC/NOK/BB/KOSS/CHWY all rolling into GMERICA? Basically he would just buy up all of the original "meme" stocks.