Imagine if Reddit actually bankrupts one of these firms
Someone is going to end up a huge loser
I kind of rather have people lose in this situation though, people need to learn stocks don't only go up forever and learn about risk
Someone is going to end up a huge loser
I kind of rather have people lose in this situation though, people need to learn stocks don't only go up forever and learn about risk
wym stocks don’t go up forever
ive read the premise of shorts a 1000 times and I think there's a bridge that isnt finished in terms of my understanding
so these firms essentially borrowed stocks on margin with the intent to sell at a lower price, and if the price goes up, they lose on money. That can go on infinitely.
And either these firms bought shares back to return it to the lender (which I assume would also cause the price to go up) after WSB had their campaign, or the firms are just still holding shorts
am I getting the gist of this?
how much of a loss are these firms at to get f***ing loans to continue holding these shorts man
Someone is going to end up a huge loser
I kind of rather have people lose in this situation though, people need to learn stocks don't only go up forever and learn about risk
Yeah right dude GME is going to $1000
ive read the premise of shorts a 1000 times and I think there's a bridge that isnt finished in terms of my understanding
so these firms essentially borrowed stocks on margin with the intent to sell at a lower price, and if the price goes up, they lose on money. That can go on infinitely.
And either these firms bought shares back to return it to the lender (which I assume would also cause the price to go up) after WSB had their campaign, or the firms are just still holding shorts
am I getting the gist of this?
yes
I'm pretty equally invested in all those not sure which one will do better
so far SNX UNI MKR AAVE have done the best but BAL is a personal favorite I think will do well
Thanks fam
Will check BAL out and potentially buy some
Are these the WSB calls?
I haven’t checked reddit. I just keep up with a few investors on twitter to see what’s poppin and those are the ones to watch.
how much of a loss are these firms at to get f***ing loans to continue holding these shorts man
They are doubling down on shorts seems like
I think they realize or at least hope most normal people can't buy options forever and that these options expire this fri or next week mostly
Especially since some even buy on margin
They hope this can drive price down, then they can buy some shares to replenish their losses
I am not an options expert though, can be super wrong
But with a few billion extra in liquidity now, they must have a plan or the guy is a legit autist
Omg stop selling!
Swapped my uni for Eth
Let’s see if I made the right decision
You caused the dump huh
Beyond Meat partnering with Pepsi
You will eat ze bugs