Buried in Reddit, the Seeds of Melvin Capital’s Crisis

Discussion in 'Wall St. News' started by dealmaker, Jan 26, 2021.

  1. JSOP

    JSOP

    No, no position atm that's why I acknowledge the lack of fundamentals. If I am really long, I will be praising it like there is no tomorrow. Trust me. LOL
     
    #71     Jan 27, 2021
    themickey likes this.
  2. JSOP

    JSOP

    And many many more are forced to supply it to the demanders.
     
    #72     Jan 27, 2021
  3. Pyraeus

    Pyraeus

    I understand its not about the company but rather the mechanics/rules of the broker system and how David found a legit way to beat Goliath.Wall st never figured a herd of many thousands individuals would gang up on one stock.
    I see the reddit guys are urging everybody to buy and not sell making share supply scarcer for short covering ?
    So theoretically how high is gme going?This seems like a nightmare for shorts.
    Im sure the rules will be changed.
    I also wonder how 140% of the gme float can be short??
     
    #73     Jan 27, 2021
    jys78 likes this.
  4. d08

    d08

    Got to say if my system starts shorting this turd, my sphincter will be pretty tight. Gay bear life ain't easy.
     
    #74     Jan 27, 2021
    zghorner and themickey like this.
  5. S2007S

    S2007S



    Thanks :D
     
    #75     Jan 27, 2021
    themickey likes this.
  6. S2007S

    S2007S

    Will be shorting GME at premarket open in t-minus 60 minutes!!!!!!
     
    #76     Jan 27, 2021
    zghorner likes this.
  7. narafa

    narafa

    Gamestop stock in Europe is trading @245 Euros, that's almost $294. US pre-market opens in 10 mins, it will be an interesting day & week.
     
    #77     Jan 27, 2021
  8. S2007S

    S2007S



    I hope it goes above 300, I'm shorting at any level and will keep adding more shares for every 50 pop because the drop is going to mighty substantial and epic when it comes shortly.
     
    #78     Jan 27, 2021
  9. S2007S

    S2007S

    look at AMC hahahaha

    These 2 stocks are a joke.

    People probably believe AMC which is nearly worthless as well will be able to trade in the hundreds like gamestop is.

    Let the fun begin!!!
     
    #79     Jan 27, 2021
  10. S2007S

    S2007S

    Fu$$$$$k. Can't short anywhere


    3 different brokers I'm using to try and short Gme and zero luck....

    Not letting me short any shares.

    So if I could I would have shorted at premarket open at 275.00.


    And would be adding additional shares to short every 50 dollar increase
     
    #80     Jan 27, 2021