the way is see it is how ölouis rosman explains it, a bunch of kids on reddit caught wallstreet hedgefund with their pants down, and wallstreet trying to cheat their way with lies and manipulation out of it and the kids aint having it
But can anyone explain me what happens if the hedgefund goes tits up, they aparantly already lost 5 billion of their 12 billion fund, wich means they cant survive much longer
what is so cool to see is all the slave millionaires made by billionaires do anything to suck wallstreet overlord cocks , spreading fake news like saying their already liqidated their short and bullshit like that when the market volumes say otherwize, also many trading platforms stopped the trade claiming technical difficulties on this one stock roflol .... Now some even say reddit = hackers lol
Oh I dont disagree, I see it the same way. What happened to the Hedges is some sort of consolation to their greediness biting them in the ass...but only a small bit (to me)
Just I see the ones doing it as 'in the same boat' as those they did it to. I guess if you are the type to condone "Two can play that game" and "two wrong can make a right" then I can see why we totally disagree..lol
Doing wrong to someone that wronged you, does not make you right. It just makes a total of two actions of wrongs on others.
Despite them (hedge fund managers) totally over due for having it coming. How they (WSB) brought it by relying on the greed of others in mass by luring others in on packaged stock shares to back it with the promise of untold riches is no better than the hedge greed relying on the greed of others.
(And literally the same tactics Hedge funds use, 'Hedging' bets of combining assets of many into one on big payoffs at the expend of others by the mass artificial movement of the market by the act of buying in such bulk and vocal speculation of why you did, at the risk of closing outside of what you hedged).
I guess its like political objectiveness. When those you like, use the very same tactic they use, that the movement is meant to stop on those you dislike..the tactics is OK.
What happens if they go tits up? Well depends.
SO uh..absolute worst case? WSB does amazing success on tactics and keeps going like they are planning (as they are now theorizing on reddit this made them so much money they are working on what other stocks to bullrun to pump and dump 'to hurt the man' and get paid thick stacks to do so). And the result? They put up back in a recession like 2008.
If enough of them do and the herd of cats on WSB can stay focused more than a month on this "This will teach them'. We get it again. That's what caused that It was hedge funds collapsing on the mortgage market that was over inflated artificial bubble made by people manipulating the market until it popped spectacularly.
Chances are very slim WSB have the power to. BUT worst that can happen if they follow thru and stick to the new plan of doing this to lots of other hedged stocks? Those seen as fighting what you call the good fight, fuck us all in the end while getting rich off it. Almost like they are acting like those they are fighting.
-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf
Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
I actually like the fact that random-ass dudes on WSB (probably mostly bored daytraders and as of now, many people desperate for extra money) have managed to push a hedge fund on its knees. I mean, when you short over 100% of the stocks you are asking for trouble.
Ruining? I'm proving how rigged Wall Street is and billionaires who made millionaires squeezing all their millionaire slaves to bark to their tune, and if warlock is right giving frant a heads-up a crash is coming as this fund is dead for sure , , it's 2008 all over again
wallstreet bets grew from one million to FOUR million subs
warlock : u said it can go tits up, but i read on wsb the following : the fund is covered by the prime broker, who is covered by the bank so all are in this and there is no way out of the short, they all will have to put up the money to buy the stock.
unless they all collude (which they are desperatly trying)
prime broker and banks are rallying all their millioanires slaves they made to try and bail em out with misinformation, but this time its not gonna work, they gonna have to pay
warlock : u said it can go tits up, but i read on wsb the following : the fund is covered by the prime broker, who is covered by the bank so all are in this and there is no way out of the short, they all will have to put up the money to buy the stock.
(Can we bribe a mod to move these posts to a GameStop/WSB thread and stop stealing Frants? )
Yea exactly thats how 2008 happened...remember all the banks needing bailouts?
Not saying I support hedge funds, I am all for them being changed to not cause so much risk for all if they fail. Just this a dangerous way to do its all. In the end who gets screwed? Not the hedge fund groups overall. Sure a handful big players will but thats not the bulk of who 'pays' for it in the end, the banks will have to save them..which gets passed down.
Might not cause 2008 by any means, but can assure you for every Hedge Fund group that suffers, 100 people not even involved down the line will be paying a small portion for what WSB is doing to cover loses.
So yea, stick it to the hedge groups, and indirectly the banks in this particular way. Because surely we won't all pay for the difference, they will eat the lose themselves and move on.
Is that right of them (banks and such) to do that? Not at all. Do they need to be reigned in? Absolutely.
And the Robin Hood fable(steal from the rich, give to the poor) sparks some primal cheering in the masses. But If Robinhood was real life and not a fantasy setting that glosses over the reality of 'and after the robbery', who ultimately would be paying for any major loses the kingdom took during the story? The ones robin hood was trying to help.
Seems no one thinks beyond step one..of how this would actually play out....
The game WSB is playing is setup to cost us in the end (or at the least, every customer of the banks that had to cover margin loss). Not the people they want it to..so they need a better tactic/angle of attack of doing it.
-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf
Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
they suspended trade five time or more in last hour ... 400 - 200 - 400- 125 ...
this is apeshit, and so many people arent allowed to buy atm ... soooo rigged haha
but its quite scary to see nobody has a clue what they getting into, nobody researches who actually owns all the shares and how many, heck i dont even know if thats public knowledge, it damn well should be, as apparantly its a bigger hedgefund squeezing a smaller one , using reddit as a staging ground ( if im to bilieve some reddit bot account )
robinhood just stopped the trade AND SOLD everyones gme stock without consent ...
this is bonkers
That can’t be legal.
"Enlightenment is man's emergence from his self-imposed nonage. Nonage is the inability to use one's own understanding without another's guidance. This nonage is self-imposed if its cause lies not in lack of understanding but in indecision and lack of courage to use one's own mind without another's guidance. Dare to know! (Sapere aude.) "Have the courage to use your own understanding," is therefore the motto of the enlightenment."
robinhood just stopped the trade AND SOLD everyones gme stock without consent ...
this is bonkers
That can’t be legal.
I cant find anything about them selling peoples stock, just blocking buying of it, which is still not right/fair.
If they are selling people stocks of it without them putting in a sell order, that's outright wrong. Just I cannot find anything outside single reddit posts with no backing, claiming that it happened to their shares. (It might be, I just cant find it).
-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf
Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
Last edited by DXWarlock on Thu, 28th Jan 2021 23:22; edited 1 time in total
robinhood just stopped the trade AND SOLD everyones gme stock without consent ...
this is bonkers
That can’t be legal.
I cant find anything about them selling peoples stock, just blocking buying of it, which is still not right/fair.
If they are selling people stocks of it without them putting in a sell order, that's outright wrong. Just I cannot find anything outside single reddit posts with no backing, claiming that it happened to their shares. (It might be, I just cant find it).
It's just a lie by the hedge funds to make people sell out of fear IMHO.
"Music washes away from the soul the dust of everyday life." ~Berthold Auerbach
Robinhood who halted trading on this stock, 40% of their income comes from citadel the people who invested 2.6 billion dollars in the Melvin capital the largest holder of shorts on GameStop.
anything goes to protect them billionaire overlords
apparantly its a specific kind of account margin something, anyhow these interview with these broker ceos will be with us for the next decade, they had to show their true colors now
the whole twitter world is now in on the memes lol. this is gonna be like bitcoin for a while
@HubU
Both sides are doing massive market manipulation. A game of chicken. That no matter who wins, we (the rest of us) lose on.
And it seems the WSB side that can, is diving off the ship with intent of pure profit already despite them all begging each other to 'hodl' the stocks. Causing it to drop 44%
I feel the vast majority of the small traders are not on board to join the band of merrymen crusade, they are on board to get rich quick, and dont care who it effects. Which is fine...Just not better than that the people this complaint about unethical market practices do also.
We, as a collective will end up paying for this. Sure it might be pennies at a time we don't 'notice' as much as the big single lump numbers we cheer the 'big stonkz guys' lost (which get trickled to us to pay fractions of a penny at a time by the banks that took a loss). So shorten the trail, WSB made money off of us all.
I am truly confused how anyone sees this is a 'win for the small guy'. Unless they just see "1.6 billion lost by stock sharks" and start celebrating. Do they not consider where that 1.6 billion the bank has to hedge out comes from? Not its bottom line. Its interest rates, and fees, and shared cold balance transition costs...we pay.
I 100% agree the market manipulators on wall street need to be roped in. But I am 100% against that its done so a few people get rich while the rest of us foot the bill of the battle. (Because that's how it already been to start with..nothing changed other than which select few gets the spoils we inevitably supply)
-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf
Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
I am a silly person (not at the hump bois) that bought a ticket to the moon. Got in quite late at an average of 177 and I only have a few K in it (<£5k), but if I can make myslef say 50k I'd be a very happy man.
What happened today was illegal and many people will go to jail.
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