/biz/ - Business & Finance

[Anonymous No.27706017]

Real talk, we all know the vast majority of shares are owned by institutions. They aren’t going to just wait on the sidelines and not take profits with the price STILL so far above where it was and what the underlying company is actually worth. I think the moment the Robonhood buy orders dry up now that restrictions are eased (and keep in mind that Robinhood order flow is something many of these companies pay to be able to monitor) we are going to see the price head all the way down to single digits in a very brief span of time. Thoughts? And please, no responses from people who bought into the pump and are somehow still holding. Grownups are talking and anyway you’re never going to get enough new suckers to retroactively make everything you bought into come true like some goddamn fairy tale. That ship hasn’t just sailed, it’s already on the other side of the ocean.

[Anonymous No.27706286]

>>27706017

its going to continue to average around 100 wont really do any more major drops unless ladder attacks. Reason being its going e-commerce. Not to mention e-sports is an untapped market. Look at the latest news release, they are snagging top level talent from Amazon while amazon is still doing incredible. Those guys SEE something that we don't. Me and alot of others are just gonna hodl.

Not often you get to get in on the ground floor of the next amazon

[Anonymous No.27706299]

>>27706017
they are going to wait until melvin and the other retards who copied him are forced to pay. Why would they be content with million when they can just bag billions and wipe their enemy out fo the game. think here for one second you absolute mongrel. These people are not modest, if there is an opportunity to take as much as they want. they will do it. You are right retail investors dont matter and wont change the outcome. though the smart retail investor can get on the train and leave before it stops mooning when they take their riches.

[Anonymous No.27706403]

There isnt enough money in retail to keep the share price at the absurd level it is. Give it a week and the whole thing is over with the only memories being;
1. HFs wont be yoloing in offers made public anymore
And 2. niggers will realise they are retarded and got ripped by some idiots on WSB

>salty incel, diamond hands
cope harder if you yolo what you cant make back ngmi

[Anonymous No.27706474]

>>27706299

the truly big brained play would have been to cash out at 300-400 then buy back in at 78

[Anonymous No.27706551]

>>27706403

>Most shares are held by retail
They aren't and you know that full well hedgie

[Anonymous No.27706646]

>>27706474
Exactly. When it dips the first hour after market open (around 10:30am Eastern) buy at bottom and wait for the retards to pump it back up around $100 (usually over next 90min) and sell for easy profit. Did it yesterday and got a quick 25% and doing it again today for probably double that if it dips closer to $50.

GME is over but use the volatility this week to swing easy gains every morning. That's what we are all actually doing, right?

[Anonymous No.27706681]

>>27706551
And my point was that there isnt enough money in retail to buy the stocks institutions are gonna drop, wtf are you on about

[Anonymous No.27706770]

>>27706299
I hadn’t seen that before, really funny stuff. I appreciate you explaining a possible rationale of theirs. I’m pretty skeptical that there’s really a short squeeze on the table, but even if they just think retail may have more money under their mattresses to buy at these prices it makes sense to hold off as long as they can on any sell off.

>>27706286

I actually do think the company can be turned around and Cohen could be a big help if they’ll actually listen to him. Even so, this is a long-term hold at best because success won’t be guaranteed or quick. Amazon was a startup, not a turnaround story where they had to start with a company that had been very poorly run and losing money (actually losing money, not just reinvesting revenue as Amazon did) for a long time. Thank you for explaining why you’re bullish, though.

[Anonymous No.27706797]

>>27706646
careful its a double edged sword, the more you sell, the more opportunity you give melvin to cover. would you rather bag hundred or thousands

[Anonymous No.27706904]

are short position holder and share holder identities confidential or available to the public? IF so what is the best way to see who shorted what and how much interest they pay?

[Anonymous No.27706991]

>>27706797
I've been swinging $2k since Tuesday and made about $750 then about $500. It's risky but the hype still has retards buying dips to lower their potential losses since they bought at $300+. Might only make $250 today and it's my last day trade this week but still almost doubling my money in only 3 days is worth it.

Watch it drop to $50 then recover to $60 then dump to $5 today now though.

[Anonymous No.27707032]

>>27706681
why havent they dropped already hedgie? 4 days to sell making massive profits, but they havent.

[Anonymous No.27707128]

>>27706904
If that information was easy to see, half of the bdeception at wsb would have been impossible. It’s intentionally opaque unless the company tries to promote their cause by telling the public. Even the aggregate data gets published only rarely, so anyone can basically just make things up and no one can specifically call them out. That was a big part of why this pump worked so well.

[Anonymous No.27707231]

>>27706474
>big brained play
>reddit
Pick one

[Anonymous No.27707319]

>>27707128
how do they know it was shorted more than 100% then? and is there nothing illegal about saying I shorted this or closed my shorts publically on a news channel then?

[Anonymous No.27707684]

>>27706017
Since you obviously are so sure that the stock will go to single digits somewhat soon, put your money where your mouth is and buy puts. In the mean time I WILL hold the stock like a retard and there is nothing you can do about it.

[Anonymous No.27707854]

>>27707319
So companies that are mostly specialized in identifying overvalued equities are the only ones that tend to make a big public deal when they’ve found something they see as priced too high and take a position. That’s what happened here and is something that is now going to change because it bit them in the ass. Normally it helps because if their argument is sound, the more eyeballs on that argument the better and it becomes sort of a self-fulfilling prophecy as people realize the company being shorted is actually overvalued. The overall short data is what we do get to see, but as I say it’s published infrequently and there is no way to know when the positions were initiated. So in this case it’s likely that the newer generation of shorts were in response to the price blowing up without anything about the company having changed. But then people trying to pump the price pointed to those newer shorts as evidence that they had been right originally and a lot of people naively believed them without thinking it through.

[Anonymous No.27707936]

>>27707684
You do you. That’s exactly what I’m thinking about doing and just wanted to get some input on it. No other agenda here except to make some money because I happen to like the stuff.