/biz/ - Business & Finance

>>28598810
They’re not going to take that shit seriously since he bought CALL OPTIONS that expired January 15th all the way back in February 2020. Look up “finra short interest reporting” to see why the 15th was important.

>that tiny selloff

Surreal feel being an RLChad and having to contend with a whale trying to dump 10% of the supply on us.

A lot of it is brokers lending out their customer's shares. Nearly all brokers do this.The broker pockets all the interest. You can ask some brokers to never lend out your shares and they don't, but the default is they do. It's similar to banks lending out the money you deposit. The customer as all the bagholder price depreciation risk.

Platforms exclusively for big traders tend to give big traders a cut of the interest and allow for more easy recalling of shares.

>>28134831
Only exchange I use, I have broken in 15 people to crypto, all on my referral list, all only know about how to use coinmetro

>>28120798
the game has stopped

jk jk the squeeze will still happen. hedgies are still over 200% real short. a lot of retail will have sold out by then. it's just hidden because they covered with fake shares and caused the price to crash with fake shares.
>>28127392

Through monday, supposedly short% went down from 122% to the mid 50s while price plummeted and the volume was less than 1.5X the shares supposedly covered. We have records from the sec for preceding weeks that show consistently high (mostly 1-2% of float) Failed To Deliver, which indicates a churning hidden short against clearing houses where they are always effectively in 3 day stonk debt. This is done by selling and covering with stonks that they don't have, so they try to get enough to settle within the 3 day time period but still fail to settle it all.

I believe that they went totally insane on monday and expanded this by over 10 million shares. Probably more, since it would take almost 30m shares to cover as much as they supposedly covered. That's over 60% of float.

The play was to hope longs capitulate and sold en-masse through later on monday, tuesday wednesday and maybe thursday so they could get the shares required to settle.

HOOOOOOOLDING

>>27669926
Cont:
They could have borrowed instead of going naked shorts, and they could have not covered, but the tactic they use is dependent on fooling the long side into thinking there will be no squeeze so retail sells enough for them at low prices for them to be able to actually deliver. Their naked covers sees the pubic short % massively reduced on monday and their naked shorts don't feed public short % because the borrowing is not reported because they didn't borrow any shares to do it.

This also reduces borrow pressure on the shares and the interest rate to borrow reduces, as it has. It creates the false impression that the danger is over for hedgies. It's not. They are still way north of 200% short.
>>27670123
Does this mean squeeze will be even more intense now?
If their ability to keep counterfeiting shares is shut down, yes.
>>27670123
>FINRA death squads breaking down doors to hedge funds?
If me and several other anons were able to figure this out, and the guidelines for enforcement already triggered on the december failures to deliver, then the case sadly is that enforcement agencies have intentionally turned a blind eye to this. Though they might intervene because it comes too blatant to cover their own asses, pretending they didn't notice until now.
>>27670190
No problem my fellow diamond handed ape.
>>27670200
>I know I'll get accused of glowing, but if we want something to happen it's on us to make it happen.
You may be right. Everyone living in the US should make as much of a stink as they can about this so it bleeds into the media as the stock counterfeiting scam it is. It has to be absolutely unignorable and appeal to politicians with populist tendencies who have not yet gotten the memo that they are not supposed to raise a stink about this.

>>27591174
16 @314 because I'm a fucking idiot

>>27510356
Holding.

>>27470110
It’s garbage like $AMC. Christ, I fucked up anons. I played with money I didn’t have because I’m a loser. I’m broke.

for the first time in my life, plebbit has more balls than you faggots.
gay bears get the rope

>>27444815
Still not selling

>>27421732

seriously when is the meme squeeze supposed to happen?

>>27405346
Boomer tier perspective look at it through an esoteric memetic lens and you ought to be able to see there’s something crazy going on whether it’s the collective consciousness or the end of (((their))) reign of terror
>redditors and gamers rise up
>biggest blow is dealt on national Holocaust day
>on a stock called GameStop
>literally calling for the end of Jewish tricks.

>>27384220
I have 16 shares that I'm either selling for 5k each or taking with me to my grave.

>>27374004
I've had realized losses of $20k (80% of my portfolio before). Made it back daytrading the exact same stock for a month.
You learn to have iron hands after you do dumb shit like selling at a loss due to volatility. I also risk less now on meme shit like gamestop.

I set a 2 share 60 day sell limit at 2k. Don’t even care if I lose it and then will hold my other share and ask for an insane amount if my 2k shares get bought. Debating buying another share on Monday also.

>>27213181
They should have froze selling as well. Other than that, it's mostly a tremendous PR flub and not a dark money conspiracy, probably. Webull CEO did a much better job explaining the reason trades had to be halted, however the question of "why could people still sell though?" is a big one IMO

https://www.youtube.com/watch?v=MAqxQe0l4g0

>>27158462
Sorry buddy, we'll give your board back in like a week's time. Just think of it like you guys are hosting a big party and it's kinda gotten out of hand and someone puked on the carpet

FUG

>>27129822
A few points :
1 .Zero hedge first called attention to the strategy of buying the most heavily shorted stocks in 2013 ,again in 2015 ,2017 and 2019 posted the list . So this is nothing new accept these guys organized .
2. John Authers writes in Bloomberg that if you go on their forum you find this is an “ anger trade “ . There are mutiple references to 2008 and the devastation it caused their parents losing their homes and jobs .
3 . There is way more “ collusion “ going on here , Citadel bailed out Melvin but Citadel has a HFT arm that accounts for 40% of ALL US stock transactions. Robinhood routes their trades through Citadel which they can then front run Robinhood clients . Ken Griffin is CEO and last year paid Janet Yellen 810k in “ speaking fees “ .
4.As long as the regulators are being called in ,how about they ask how Goldman can create 150% of synthetic shar3s to short without actually procuring the stock . They create the stock ,finance Melvin , short the company and if things go wrong they provide financing for Robinhood and Citadel executes the trades for Robinhood and suddenly Robinhood halts trading in GME but not aapl . ?
5 The ugly underbelly of the Big Bank Hedge Game has been exposed .