how about a Oklahoma,AR,MO,KS,TX,+IA GTG thread?

[Hedgerow]

I know what selling short is. He explained it to me. You are speculating prices to go down, which is what these hedge funds did, but the prices kept going up, so when they have to buy out their contracts they lose their ass. Selling short at $100 and buying out at $350 is a problem, lol

Indeed...

And they’re gonna find out what selling short at $35 and paying the piper at $500 is like.,

Almost 100 million shares in total.,.


Bwahahahaha!!!

 

[Cat 525]

I could sell some mud cheap!

 

[Hedgerow]

I could sell some mud cheap!

Me too..

It’s a mess out there...

 

[MACHINE]

Many users will do just that..

But there’s more to it..

Many of those guys on WSB used robin hood because it purveyed it’s self as “the common man’s portal to Wall Street” but when they finally had some big hedge fund companies’ balls in a vice, Robin Hood pulled the rug out from under the wsb bunch, allowing time for the hedge fund guys to try and re position themselves and scare Robin Hood users to sell a ton of GSE stocks...

It didn’t work 100% though.

Next week will tell all..

Last week I locked down mine to really safe position.

You can smell something coming....

Has the same feel as 08 .

Sent from my SM-G955U using Tapatalk

 

[Hinerman]

Indeed...

And they’re gonna find out what selling short at $35 and paying the piper at $500 is like.,

Almost 100 million shares in total.,.


Bwahahahaha!!!

Here is what I don’t understand. How does a stock go from $5 to $500 in a record amount of time for a company that is marginal at best, having been compared to the next “blockbuster”?

 

[Louie B]

Supply and Demand

 

[Louie B]

Artificially created or not

 

[67L36Driver]

Morning midlanders!!

Almost an inch of rain in the Blacksnake Hills yesterday. Cold and windy today. [emoji90]

 

[Dub11]

Here is what I don’t understand. How does a stock go from $5 to $500 in a record amount of time for a company that is marginal at best, having been compared to the next “blockbuster”?

The way I see it, game stop has that fairy tale story since the pandemic started people were buying video games left and right so it would make since they would accumulate more "value". Now some fat cats saw this and figured they could temporarily inflate the value make their money and when the bottom fell out it wouldn't be noticeable since they gave it the next "Blockbuster" misnomer.

I could be totally wrong but that's the way I see it.

 

[Hedgerow]

The way I see it, game stop has that fairy tale story since the pandemic started people were buying video games left and right so it would make since they would accumulate more "value". Now some fat cats saw this and figured they could temporarily inflate the value make their money and when the bottom fell out it wouldn't be noticeable since they gave it the next "Blockbuster" misnomer.

I could be totally wrong but that's the way I see it.

Opposite that actually..

The hedge funds took a company with a bleak long term outlook, and started “short selling” it massively and riding it down in value, making money as they went..
So much so, that they “borrowed “ over 100% of the available shares.. they over reached..
And would have gotten away with it, had a medfly band of dorks on reddit not seen what they were doing.
The wall street bets group started buying the stock hard, and holding it..
Now the hedge fund companies can’t buy the stocks back cheaper than when they “borrowed “ them and give them back to the brokerage..

They have to pay the inflated price...

Remember, they borrowed and sold at say $20..

Now it’s time to give those back, but it’ll cost em 300..

But this squeeze ain’t over yet.. some of the Wall Street bets boys won’t sell till them stocks hit $1000..

This could be an epic blood bath for a couple big hedge fund co’s..

 

[Hedgerow]

Last week I locked down mine to really safe position.

You can smell something coming....

Has the same feel as 08 .

Sent from my SM-G955U using Tapatalk

It should..

It’s the same damn hedge fund companies and practices that are at play.

They may not outlaw the practice of short selling after this mess, but at least it’s out in the open for everyone to see this time.

Thanks to the Wall Street bets boys... and this ain’t the only stock they’re watching and buying.

 

[Hedgerow]

If anyone has money with Citadel, may wanna move it somewhere else in the short term... lol..

 

[Hinerman]

The way I see it, game stop has that fairy tale story since the pandemic started people were buying video games left and right so it would make since they would accumulate more "value". Now some fat cats saw this and figured they could temporarily inflate the value make their money and when the bottom fell out it wouldn't be noticeable since they gave it the next "Blockbuster" misnomer.

I could be totally wrong but that's the way I see it.

Opposite that actually..

The hedge funds took a company with a bleak long term outlook, and started “short selling” it massively and riding it down in value, making money as they went..
So much so, that they “borrowed “ over 100% of the available shares.. they over reached..
And would have gotten away with it, had a medfly band of dorks on reddit not seen what they were doing.
The wall street bets group started buying the stock hard, and holding it..
Now the hedge fund companies can’t buy the stocks back cheaper than when they “borrowed “ them and give them back to the brokerage..

They have to pay the inflated price...

Remember, they borrowed and sold at say $20..

Now it’s time to give those back, but it’ll cost em 300..

But this squeeze ain’t over yet.. some of the Wall Street bets boys won’t sell till them stocks hit $1000..

This could be an epic blood bath for a couple big hedge fund co’s..

Wayne is partly right. Somebody (or something) had to make the stock prices sore. But it wasn't the fat cats driving up the stock. It was millions of small investors, egged on by social media, driving up the value and using a Wall Street tactic to put the squeeze on Wall Street. The guy that started it all is a regular (little) guy, Keith Gill; by posting videos on youtube. I read he has made 33 million off this so far. No way the fat cats saw value in GameStop stock.

Robinhood, the app the little guys were using, even tried to prevent the little guy from buying more stock. WTH???

Matt is spot on. It is the fat cats (hedge fund investors) that saw the Gamestop stock rising and speculated the value of the stock to tank because, after all, it is only Gamestop and it won't last forever. The fat cats started selling short but the price keeps rising, at the very least---holding. Why? Like Louis said, supply and demand, the little guys keep buying it. Like Matt said, it ain't over yet. Look at this quote from an article:

The self-described “degenerates” on WallStreetBets also got a boost Thursday from Chinese bitcoin entrepreneur Justin Sun, who vowed to buy $1 million in GameStop stock.

Sun, who founded the cryptocurrency platform TRON, then upped the ante a day later, raising his investment to $10 million in support of the Reddit community.

“It’s time to unite & squeeze out those greedy hedge funds!” Sun tweeted. “Wallstreetbets, 4 billion Asian community & 20 mil $TRX community supports u! Let’s do this!”

 

[Hedgerow]

Wayne is partly right. Somebody (or something) had to make the stock prices sore. But it wasn't the fat cats driving up the stock. It was millions of small investors, egged on by social media, driving up the value and using a Wall Street tactic to put the squeeze on Wall Street. The guy that started it all is a regular (little) guy, Keith Gill; by posting videos on youtube. I read he has made 33 million off this so far. No way the fat cats saw value in GameStop stock.

Robinhood, the app the little guys were using, even tried to prevent the little guy from buying more stock. WTH???

Matt is spot on. It is the fat cats (hedge fund investors) that saw the Gamestop stock rising and speculated the value of the stock to tank because, after all, it is only Gamestop and it won't last forever. The fat cats started selling short but the price keeps rising, at the very least---holding. Why? Like Louis said, supply and demand, the little guys keep buying it. Like Matt said, it ain't over yet. Look at this quote from an article:

The self-described “degenerates” on WallStreetBets also got a boost Thursday from Chinese bitcoin entrepreneur Justin Sun, who vowed to buy $1 million in GameStop stock.

Sun, who founded the cryptocurrency platform TRON, then upped the ante a day later, raising his investment to $10 million in support of the Reddit community.

“It’s time to unite & squeeze out those greedy hedge funds!” Sun tweeted. “Wallstreetbets, 4 billion Asian community & 20 mil $TRX community supports u! Let’s do this!”

Now the WSB guys need to start unloading..

Leave the Chinese holding the bag....

Lol

 

[moparnut88]

Well it ain’t much but it was a successful hunt this morning. Last day of duck season.


Sent from my iPhone using Tapatalk

 

[67L36Driver]

Finally got the MS660 squared away. Runs, cuts and idles steady. [emoji108]

All I have is a 16” B/C so we left it rich.

 

[Hinerman]

Well it ain’t much but it was a successful hunt this morning. Last day of duck season.


Sent from my iPhone using Tapatalk

How many did you miss?

 

[Hinerman]

White oak, pin oak, hedge, ash, and one piece of hackberry

 

[Semotony]

It should..

It’s the same damn hedge fund companies and practices that are at play.

They may not outlaw the practice of short selling after this mess, but at least it’s out in the open for everyone to see this time.

Thanks to the Wall Street bets boys... and this ain’t the only stock they’re watching and buying.

Those who became millionaires in 1929 ,and for a while after, did that on selling short, replacing at a lower cost. When China was gonna limit Google out of the country I came close to inquiring how much $ cover needed to sell 100 shares short. Wood have been able to profit 10g had I done it from a $100 drop off $600 range at the time.
Chickened out

 

[cobey]

So from what I understand the stock was going up with the use of this trading app called Robinhood. Well they stopped action on their app blocking normal people from taking part in the action but hedgefunds were still allowed to trade.

Pretty much a bunch of fat cat *f-wordery and people are pissed!

I see