Exactly.... the only one who makes out is the Shorter IF the stock goes
down. If it goes up the shorter is massively in trouble.
now rinse and repeat this several times WITH THE SAME BLOCKS and you
have how we got to 140% shorted.
On 1/28/21 1:36 PM, Robert Andrews wrote:
i.e. Caleb wants to screw _both_ Nathan and Jason ( who both used to
have $10 blocks ) Shorting is like playing the No Pass side in Craps..
On 01/28/2021 10:23 AM, Matt Hoppes wrote:
Here’s a quick examination of what’s going on.
On Jan 28, 2021, at 12:31 PM, David Coudron
<[email protected]> wrote:
My wife has been following this, so I am relating second hand
information. This is the way I understand it.
A hedge fund guy has been bashing game stop for some time. Says
business is outdated. Terrible stock, etc. Turns out the his fund
owned a bunch of it and had been betting on it going down and short
sold it. Gamers got pissed about bashing game stop and organized a
buy of a bunch of stock. Stock price went way up, and now the hedge
fund who had short sold it, had to buy back at high prices. Lost
$10 Billion last time she looked. They stepped in to keep the hedge
fund from collapsing.
That is what I understand anyway.
Regards,
David Coudron
*From:* AF <[email protected]> *On Behalf Of * Steve Jones
*Sent:* Thursday, January 28, 2021 11:26 AM
*To:* AnimalFarm Microwave Users Group <[email protected]>
*Subject:* [AFMUG] Ot: gamestop
Can someone break this down for me to a window licker level of dumb?
If i understand it, hedgefund operators banked on the price going
down, so shit posters rallied together to drive it up, and on friday
the hedgefund operators are forced to purchase at the inflated price?
Is this the gist?
Now government is trying to step in to protect the hedgefunds from
the shitposters?
--
AF mailing list
[email protected]
http://af.afmug.com/mailman/listinfo/af_af.afmug.com
--
AF mailing list
[email protected]
http://af.afmug.com/mailman/listinfo/af_af.afmug.com
