So CLOV is doing pretty good so far, made a quick buck. Now they’re sperging out and talking about SNDL and BNGO.
/r/wsb autists taking on a wallstreet hedgefund. Elon musk involved as always - Gamergate 2: financial boogaloo
- Thread starter theshitposter
- Start date
Yeah it'll be something new basically every day, that's sort of the point of wallstreetbets. Who have clamped down on GME posting because it was drowning out everything else (to take a generous view) so that discussion has mostly moved to other subs if you were looking for it. /biz/ is less gay but you need to poopsock to get the cross-section.
Nice. GME is up +$54 today as I'm writing
Garm
kiwifarms.net
Snippet from the class action against Robinhood:
And that's mid-January, after which spike people were shorting in even deeper. Estimates following the recent GME meeting submission of vote counts (which were "normalised" down to literally 100% of the available shares, leaving a gap in one category that was a quarter of what it should be) are more like 300-400% short currently. Which is interesting since that's exactly what the back of the napkin guesses had been.
More new rules have come in limiting the bullshit tactics they've been using so maybe it'll get fun again soon but who knows. The other big thing with the meeting was GME disclosing that they've been approached by the SEC for assistance investigating ~something~ and are cooperating. Nobody knows what, but they do have data like the real overvoting numbers (which btw they could use to seek damages, even though you can't report over 100% on an SEC form).
They also just did a little offering and raised over a billion fucking dollars, so now they have like 2 billion cash and no debt for this online transformation, if you like that kinda thing. Shorters banking on bankruptcy is probably not going to work out.
And that's mid-January, after which spike people were shorting in even deeper. Estimates following the recent GME meeting submission of vote counts (which were "normalised" down to literally 100% of the available shares, leaving a gap in one category that was a quarter of what it should be) are more like 300-400% short currently. Which is interesting since that's exactly what the back of the napkin guesses had been.
More new rules have come in limiting the bullshit tactics they've been using so maybe it'll get fun again soon but who knows. The other big thing with the meeting was GME disclosing that they've been approached by the SEC for assistance investigating ~something~ and are cooperating. Nobody knows what, but they do have data like the real overvoting numbers (which btw they could use to seek damages, even though you can't report over 100% on an SEC form).
They also just did a little offering and raised over a billion fucking dollars, so now they have like 2 billion cash and no debt for this online transformation, if you like that kinda thing. Shorters banking on bankruptcy is probably not going to work out.
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Using our autism for good.
