So did these redditors break any law? I assume it is them who will be targeted for enforcement
On Thu, Jan 28, 2021, 12:39 PM Matt Hoppes < [email protected]> wrote: > 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 business is outdated.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 >
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