/biz/ - Business & Finance

wow see that popularity of bot ocean on twi????
> who uses it? any reviews or comments?
try to find new services and algorithms for ez trading with dex
see this - tell what u think

>>27792590
>GME is at $49 and dropping
yes shaking off the paperhands, of course!
do you really think it'll drop to 0? those redditors have nothing to lose by holding now.

>>27792590
>Is this what happened?
No, retard. Robinhood probably saved a lot of retards from losing even more money.
The stock was going to crash eventually, they just shortened it by a few days maximum.

What a bunch of retards. Learn to see a pnp when it's clearly evident.

>>27792590
ehhh
>Hedgies call up their personal bitch, robinhood literally sucks citadels dick on a daily basis.
>Yo, shut it down make some bs excuse about funding, wel'll back u up, all exchanges will be complying soon, we are pulling some strings with x clearing house, domino effect.
>Causes dive in price
Now this is the part most retards fail to understand.
>This is where all smart people got off the trade, not because they got ''shaken'' out, but because hedgies trapped underwater had a golden opportunity to offload the worst positions and pick up long options to adjust the position to the worst possible escenario modelled.

at this point the short squeeze in theory had already happened, at least peartly for melvin and a few hedgies, but there would be no second squeeze and any trader that has been doing it for a couple yearas knows.

What the fuck do you do if you're underwater and you're given a 50% miraculous drop before it skyrockets again?

and then, they shorted the top too, No short squeeze since they adjusted their position which means preditable price action, even I shorted the top of this trash.


Smart money took dumb money off hedgies, then Smart money destroyed dumb money, which means normies piling up late to the trade.