So, I don't know much about stocks, but did Reddit really cost investment firms billions of dollars by meming up Gamestop's price?
Stock Market, Business, and Investing General - News, Tips, etc
- Thread starter Feline Darkmage
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a terminal posture
kiwifarms.net
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- #762
The aptly named hedge fund Melvin Capital Management had to be bailed out today partially because of the GME play:
www.wsj.com
But the best part is just hearing the sweet boomer tears over it
WSJ News Exclusive | Citadel, Point72 to Invest $2.75 Billion Into Melvin Capital Management
Hedge fund Melvin Capital has been hit hard by a series of short bets to start the year, down nearly 30% for 2021 through Friday, people familiar with the firm said.
www.wsj.com
But the best part is just hearing the sweet boomer tears over it
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www.youtube.com
lol fuck boomers. Milk them dry.The aptly named hedge fund Melvin Capital Management had to be bailed out today partially because of the GME play:
WSJ News Exclusive | Citadel, Point72 to Invest $2.75 Billion Into Melvin Capital Management
Hedge fund Melvin Capital has been hit hard by a series of short bets to start the year, down nearly 30% for 2021 through Friday, people familiar with the firm said.
But the best part is just hearing the sweet boomer tears over it
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www.youtube.com
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- #764
Boomer tears are fucking lies because MELVIN has been illegally naked shorting for MONTHS. If the SEC investigates anything it should be who kept GME on the failure to deliver list for longer than any other company in history.The aptly named hedge fund Melvin Capital Management had to be bailed out today partially because of the GME play:
WSJ News Exclusive | Citadel, Point72 to Invest $2.75 Billion Into Melvin Capital Management
Hedge fund Melvin Capital has been hit hard by a series of short bets to start the year, down nearly 30% for 2021 through Friday, people familiar with the firm said.
But the best part is just hearing the sweet boomer tears over it
Loading…
www.youtube.com
Spasticus Autisticus
kiwifarms.net
There's even a GME thread on Bogleheads now. It's funny to watch the boomers tut-tutting about WSB's use of "autist" and "retard". Wait until they find out what FD stands for. Watching the little guy get to catch a hedge fund swimming naked has been something to behold, semper fi to all who participated. I still think the shorts are going to win in the end but I've been wrong about lots of these things before.
Eventually the hedge funds will adapt and crush the little guy, but until then, bleed them for all they got.
I've been day trading on the dips and spikes and collecting some change off of the chaos. I'm too nervous to commit to a long play on GME anymore because this shit is fucking unreal, I have no idea what will happen the next day.
Blake Chortles
kiwifarms.net
I sold at 93 today. A little early I see. If it retraces to the low 80s buy back in.
ShortBusDriver
kiwifarms.net
GME just closed at $146.88
Stock market has no reason. It is a free gambling platform.
Edit: $162 off trade.
Edit: $162 off trade.
It's over. Wsb has won. GME is going to $1000.
Speaking of which $gme now trading $200 off market hours.
Oh my god I need to know when I can short this shit lol.
biscuitscilia
kiwifarms.net
God damn it, I need to get back into binancing. This shit has been too good to watch from the sidelines. What's the fallout from this going to be?
People losing their life savings.
This is fucking hilarious. I've spent whole day just reading boomer screeds and massive reddit threads composed 80% of 'i like this stock'.
GME better issue a million shares for tendies. They are gonna come out of this like kings on the backs of autist life savings.
Jesus fucking christ, I was explaining this shitshow to a friend and over a span of 2 mintutes GME went from 214.95 to 225. There won't be any tears, there'll be rectal bleeding and dry heaving when it comes to pay.
biscuitscilia
kiwifarms.net
I haven't laughed this hard in years, my lungs are on the verge of collapsing. The /biz/posters are god-tier right now. Boomers are losing billions while /biz/posters are making billions on autismbux.
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Never. Gamestop will be worth more than Amazon in two days. It will be worth a billion a share by next year.
It will never go back down. NEVER.
All for the tendies, brothers.
SEC requiring $25K to trade options, like they do for daytrading? Hedgies are BIG mad.
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