That's why it's a good time to buy. No shorts and the hedge funds are screwed

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Jan 22, 2021
1:58:38pm

RexIdaCoug All-American

That's why it's a good time to buy. No shorts and the hedge funds are screwed

And have to buy their way out. It's awesome to watch this.

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RexIdaCoug

Bio page: RexIdaCoug
Joined: Nov 17, 2006
Last login: Apr 30, 2024
Total posts: 17,354 (2,311 FO)

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Messages

Author

Time

The GameStop frenzy is crazy right now.

crazY

1/22/21 1:45pm

Pure nonsense

Indy Coug

1/22/21 1:46pm

Absolutely. But big money for those that bought and held back in July.

crazY

1/22/21 1:50pm

What's the justification for a Brick and Mortar who sells digital products?

SpecialT

1/22/21 1:49pm

r/Wall Street Bets is driving the madness. There is no justification.

crazY

1/22/21 1:50pm

Anger. The Reddit WSB group decided to stick it to some hedge funds who were trying to profit off shorting GSE

HuskerFan2

1/22/21 1:55pm

I doubt that is moving the needle.

Hsaru

1/22/21 1:55pm

They've actually been called by members in the financial media more impactful

CougarTailDevourer

1/22/21 1:59pm

Go take a look at what is happening with BB and PLTR

1/22/21 3:02pm

Don't underestimate the power of

Psalm Trees

1/22/21 2:09pm

Gamestop is the new bitcoin

Blueto

1/22/21 1:51pm

Yeah, puts are crazy expensive right now. I thought about buying some but it

CougarTailDevourer

1/22/21 1:52pm

They are crazy expensive because that's what the hedge fund has to buy to unwind

RexIdaCoug

1/22/21 1:57pm

It depends on how you strategize, I guess.

crazY

1/22/21 1:57pm

I mean, you could buy puts with a short expiration date or way out of the money

CougarTailDevourer

1/22/21 2:03pm

Or do an expiration date far out and sell after the risk premium rises.

crazY

1/22/21 2:12pm

That's true. I was just thinking about the current premium price. Good tip.

CougarTailDevourer

1/22/21 2:16pm

Ultra risky but fun when it pays off.

crazY

1/22/21 2:37pm

Securities finance desk can't find ANY shares to short. LOL.

grosven

1/22/21 1:52pm

That's why it's a good time to buy. No shorts and the hedge funds are screwed

RexIdaCoug

1/22/21 1:58pm

Cool to see Michael Burry continue to torch simps. I'm not a buyer here.

grosven

1/22/21 2:02pm

Historic Short-Squeeze Sends Gamestop To 8-Year Highs After "Angry Mob" Attacks

byuwahoo

1/22/21 1:55pm

We’re all finally getting the money from GameStop that we never got on trade ins

1/22/21 2:09pm

I owned it at $17 and sold it 2 days later for a 60% gain back in the summer, I

SnickSnack

1/22/21 3:26pm

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