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/biz/ - Business & Finance


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27101438 No.27101438 [Reply] [Original]

I keep hearing this cringe bull shit about how the short squeeze was never about the money but to send a message to smart money. Like fuck off with that heroic notion, reddit is full of retards, and I see some on this garbage on biz. There have been many short squeezes and manipulations done by smaller traders to bigger ones. The "little guy" shows "the man" every few years or so causing significant t losses to institutions usually exacerbated by rogue traders.

And why does every one act like wall st is working together to steal from retail, Yeah some hedgefunds or banks may do that from time to time, but ultimately they are all competitors competing for money that they win from another. Many hedgefunds dont get bailed out and fail, only a minority get government kickbacks

This is special because of the magnitude of what has happen, and the media goes fucking crazy helped by pussies on reddit that put on a fucking joker mask and revolt against a system which they have no comphrenesion of,

rant over.

>> No.27101685

>>27101438
It's about sending a message [spoiler]and I will keep telling myself that after I've lost my money to make me feel better

>> No.27101794

>>27101438
If you lost money it was about sending a message. If you made money then everything went according to plan and you are a shrewd investor.

>> No.27101928

>>27101438
>its about sending a message XD!!!
>AOC has joined the battle
>paid for my dogs cancer dialysis and bought my wifes boyfriend a dragon dildo we did it Reddit
fucking reddit killing the only good subs they have

>> No.27102040

>>27101438
>hurt the jews buy buying gamestop stock
>why yes I have many shares

>> No.27102153

>>27101438
>Yeah some hedgefunds or banks may do that from time to time, but ultimately they are all competitors competing for money that they win from another.
/Thread
I don't think you understand the heavy implications this has.

>> No.27102188
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27102188

>> No.27102251

>>27101438
> why does every one act like wall st is working together to steal from retail,
Anon, that’s the only reason retail exists.

Once everyone is sufficiently impoverished you can rest assured retail trading will be outlawed.

>> No.27102260

>>27101438
if I can sell 10% of my position to cover costs, its a good investment. the other 90% is going to my grandkids Melvin.

>> No.27102267
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27102267

>> No.27102307

>>27101438
It's just pre-cope because they know Game Stop is worth $30 and they bought at $250

>> No.27102346

>>27101438
>There have been many short squeezes and manipulations done by smaller traders to bigger ones
kek, when

>> No.27102373

>>27101438
Its both. Make money and send a mesasge

>> No.27102450

>>27102153
explain

>> No.27102481

>>27101438
fuck off kike.

>> No.27102492

>>27101438
>>27102307
Also the irony is that by buying it they are basically handing money to the hedgefunds and "paper hands" that they hate

>> No.27102499

If you shills wanted to look more convincing, you could stop flooding the board with the same "download.png" gamestop images from the first page of google images lol

>> No.27102626

>>27102188
clever meme, avi. but you're still going bankrupt

>> No.27102698
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27102698

I literally don't care what happens to the money I put forward because I showed up for a grocery store job for 2 days, and quit the 3rd day when my state sperged out and was willing to hand me money every sunday.

It could cost me every penny I put forward but knowing it will make the people who laughed as their kin were put out on their asses in 2008 jump to their deaths in 2021 is very much worth it.

>> No.27102706

The stock market is a zero sum game, everybody just has to be okay with the money they earn being from somebody else. But now people are realizing that they don't have to just take money from each other, they can focus on taking money from these giant hedge funds because no one gives a shit about them. It's something everybody can get behind

>> No.27102801

>>27101438
so...this is what the weekend is gong to be like...kvetchin gretchins trying to sow division before ramping up the fud. Its gonna be entertaining but it wont work

>> No.27102802

>>27102346
off the top of my head, I know the story of room traders pushing the price of the market down to margin call hedge fund manager niederhoffer in 1997. There was the flash crash in 2010, and a few rogue trading incidents in which retail profited pretty nicely from losses of the banks

>> No.27102813
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27102813

.
Glory, Glory /biz/united
Glory, Glory /biz/united
Glory, Glory /biz/united
AS THE BULLS GO MARCHING ON! ON! ON!

Just like the Boomer Bulls in days gone by...
We keep the green candels Flying high
You've got to see our reach from far and wide
You've got to hear the masses sing with pride

United! /biz/ United!

Were the Bulls from /biz/ and were on our way to the Moon you see
Moon you see!
Moon you see!

Were the famous /biz/ United and were going to Moon you see
Moon you see!
Moon you see!

In 17' it was BTC
Last 4 days GME was 83
And everyone will know who we are
They'll be singing 'Que Sera Sera

United! /biz/ United!


Were the Bulls from /biz/ and were on our way to the Moon you see
Moon you see!
Moon you see!

Were the famous /biz/ United and were going to Moon you see
Moon you see!
Moon you see!

Glory, Glory /biz/united
Glory, Glory /biz/united
Glory, Glory /biz/united
AS THE BULLS GO MARCHING ON! ON! ON!

Glory, Glory /biz/united
Glory, Glory /biz/united
Glory, Glory /biz/united
AS THE BULLS GO MARCHING ON! ON! ON!

Glory, Glory /biz/united
Glory, Glory /biz/united
Glory, Glory /biz/united
AS THE BULLS GO MARCHING ON! ON! ON!

>> No.27102849

>>27101438
well OP the reason the Joker is so popular to quote during this is because like like in The Dark Knight there are two fundamentally different worldviews at play here. It's pretty cringe but it's simply how it is, large numbers of GME holders just want to hurt the hedge funds and do not want to make any money at all, this is an unprecedented thing and they're not sure how to respond and now things are getting desperate and there is no Batman in this story.

>> No.27102946

>>27101438
Sry OP

But you are fucking stupid. Or a shill. Not sure which is worse.

Not a single time in wallstreet history has any stock been in this situation. Or in even a compareable situation.

Thats how fucked up this 140% is. And why it has potential to do actual real world shit

But hey, keep on filling peebottles and cumjars here on the incelboards :)

-leddit

>> No.27102965

>>27101438
GME unironically was about sending a message, DOGE is some shysters jumping on the hype train to scam the euphoric normies

>> No.27102984

>>27101438
'ate jews
love games
simple as

>> No.27103035

>>27101438
> Yeah some hedgefunds or banks may do that from time to time, but ultimately they are all competitors competing for money that they win from another

Are you a hedgie, anon? Or are you just a hedgie cockwarmer?

>> No.27103043

>>27101438
|
|>
|3
|

>> No.27103091

I've been in the stock business longer than you've been alive. What has taken place in the past couple of weeks is the most shameful display of unethical strategy I have ever seen. Make no mistake about it, you WILL be punished for this. Every broker has all the information necessary to make the lives of every manipulative GME scammer hell after this year. You have one last out Monday morning. Take it or leave. Don't say I didn't warn you.

>> No.27103310

>>27103091
Get better b8 fag

>> No.27103342

>>27103091
You're the old fart saying that those barbarians are totally going to get it for sacking Rome

>> No.27103529
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27103529

>>27101438
Listen up you shit for brains kike. Every single thing you said was wrong and no one is taking your bait here. I hope you get fucked in the ass by Tyrone when you and your buddies are on the street.

>> No.27103675

>>27103091
theres nothing unethical about it, what are you talking about pussy. the hedgefunds will strike back, that is what they do, you people are acting like i run a hedge fund myself. I have no allegiance

>> No.27103726

>>27103529
where is /biz/?

>> No.27103756

>>27102267
kek

>> No.27103758

>>27103529
im literally retail myself.

>> No.27103989

>>27102698
oooooooooooooooo you got back at the establishment by hurtinng 2 hedge funds or something. Wall st wont be able to bounce back from that.

>> No.27104133

>>27102946
cringe, what is it going to do, bankrupt like one or 2 hedgefunds, the other ones will still screw people with manipulation nothing has changed but ill let the losers think that, the ones that need the break after feeling so down

>> No.27104245

>>27102849
this

got 4 figs in, don't care what happens.

money is only thing they understand might as well give them few cuts before going out.

>> No.27104323

>>27101438
It's a fucking meme

>> No.27104334

youre all posting in a melvin bot thread

kill yourselves

>> No.27104348

>>27104133
Now hedges will never be able to short nearly this bad again because if they do, the same exact thing will happen to them

>> No.27104372

It's
Funny

>> No.27104446

>>27101685
How the fuck did you lose money? I bought in at $200 and I'm still in the green.

>> No.27104616

>>27104323
i understand that but some people literally think they are changin the establishment

>> No.27104698

>>27104348
the thing had 120 % short interest. if that happens then you can expect another gme

>> No.27104836

>>27101438
“Game Stop” a play in three parts:
Act 1: It was about money.
Act 2: They cut off access to the markets and dumped it from $500 to $150 just because they didn’t want to take the L from a bunch of uppity plebs.
Act 3: Now it’s less about money.

>> No.27105051

>>27103989
Got a (you) atleast nigger

>> No.27105214

>>27105051
actually i plan on buying puts 1 year out and do the opposite of a certain redditor who made 50 mil, i know because he exiting his position.

>> No.27105412

Even if they compete with each other, they always manage to stay much richer than the plebians, and have the state to back them up whenever something goes wrong, because they share a class interest and lobby the state for protection and benefits

>> No.27105533

they want redditors to think they did something, redditors stupid enough to think they're "sticking it to the establishment" (tell them that it always works), so when the economy tanks from covid shit they can put the blame on those "pesky gamestop traders".

>> No.27105651

>>27105412
true

>> No.27105657
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27105657

>> No.27105757

>>27101438
I originally said that as a joke, a meme if you will. It's actually just about the money and you're a faggot.

>> No.27106028
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27106028

>>27102984
based bong

>> No.27106068

>>27102450
Conceding and admitting to market manipulation by banks, hedgefunds and big players is the issue here. Sets the playing field which is actually a fucked system.

>> No.27106299

>>27101438
fud

>> No.27106472
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27106472

I made a QA pasta if anyone is interested in it
> what if gme issues more stock
Board has a grudge with hedges trying to short their company to bankrupcy and cant legally issue more until march

>what if shorts are canceled
can't because short contracts are variably distributed amongst many different lenders and due to legal reasons, brokers are forced to make sure that both themselves and their contractees meet margin requirements.

> the shorters covered
short interest is still greater than 100% according to ortex and S3 Shortsight and the volume of the market would have changed to reflect the massive amount of trades
also
https://www.cnbc.com/2021/01/26/gamestop-shares-are-jumping-again-but-short-sellers-arent-backing-down.html

> what if government does X
with the number of foreign investors buying into GME such as euros and pajeets, it would be a near impossibility and congress is still on recess until feburary 17th

> but what if shorters short more
keeping a short incurs interest which is at 30% right now. it would be in the billions and no lender would allow them to do so since they would eventually run out of collateral/assets and can't do so on credit alone.

> You do need to cash in at some point
people are holding their shares until a substantial amount of shorts are closed

> its a WSB reddit scam
gme had been shilled and talked about in /smg/ for the past 2 years

>> No.27106508

>>27103091
This is what will happen through the weekend. Look out for logical fallacies and ad hominems. In the media and even in /biz/

>> No.27106554

>>27102706
The market isn't a zero sum game

>> No.27106660
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27106660

>>27101438
This is about retards making money and screwing eachother over, I exited at a comfy 400 for good profit, you can keep your heroics i'll be puffing on a cubano

>> No.27106774

>>27106508
Newfags love bait

>> No.27106962

>>27105657
This is probably the truest statement I’ll read this year

>> No.27107339

>>27103091
Stop! I can only get so hard!

>> No.27107343

>>27106774
Oldfags love newfags baiting by responding to bait.

>> No.27107459

>>27101438
We can literally make them pay billions and billions just set a sell limit to over 1500$

>> No.27107543

>>27107343
for /pol/fags yes but /biz/ rarely gets bait posted unless it has to do with crypto since its normally a slow board

>> No.27107574

>>27107459
destroy melvin capital but know there are hundreds more

>> No.27107718

>>27101438
It's not about making money for myself. It's about removing money from the Jews.

>> No.27107766

>>27106660
based, remember that bubbles are always a million man prisoner's dilemma where you have no coordination. If you can get out and secure your gains, do it. Because everyone else would fuck you over in the same position. They're just greedier.

>> No.27108131

>>27107718
good luck with that, one stock going up wont bother them, they have billions of dollars in assets in every industry, stop pointless crusading as a way to make you feel better about losses

>> No.27108315

>>27108131
then explain why the market has been in the red for the past few days

>> No.27108567
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27108567

>>27107343
this the layers of irony in /pol/ is astronomical. It warps your mind and you becomes the very embodiment if jewish hate, a force to be feared by those with the nose. Its a battle of wills on that board

>> No.27108622
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27108622

>>27102849
>>27104245

I'm in 4 figures too. I'm confident in my crypto stack, so I can afford to ride GME to Valhalla.

>> No.27109614

>>27108131
fuck off kike

>> No.27109682

>>27108315
idk, and i dont really care. the markets have been red and green for centuries, its down for a week, and you think the jews lose their money

>> No.27110004

>>27109614
i was under the impression that people here wanted to make money or atleast learn how, I remember looking at 2chan because certain traders posted some good trade advice there, but it seems most of you are just poor fags that hate on better traders by calling the kikes, is that true or are you just trying to send a message to the jews.

>> No.27110888

>>27110004
people have been calling each other kikes on /biz/ since 2014, are you new?

>>27109682
well the people arguing against gme on cnbc seem to think so

>> No.27111030

anyways im sure gme is still gonna rise a fuck ton, with that much short interest, however while some of you make it on this stock, most of you will fail by overstaying your welcome and blame it on the jews or something, I plan on holding a few puts 1 year or more out, this thing will come back down, its only a matter of time. good luck traders and fuck off you little wall st crusaders.

>> No.27111178
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27111178

>>27110004
Anyone who plays jew games is part jew
That being said, sticking it to the kikes by hitting them in the wallet is delicious.
Also, lurk 2 years, newfag.

>> No.27111356

>>27110888
ive been on for a few months, I realize people call eachother jews but im just trying to make a point, there are good traders and investors on biz, I have seen them and they leave their opinion, i dont consider myself that good of a trader but I give advice and take advice, you know just a discussion rather than everyone just calling each other jews or pajeet half the time

>> No.27111587

>>27111178
I guess im part jew then, bankrupting hedgefunds is pretty great but its not like you can get rid of the rest, as much as i'd want that, if you cant beat them join them