Thanks, now I understand the 140% position.. Hedge fund went to who
they sold the blocks to and borrowed from _Them_... Alice down the
rabbit hole. I'm betting drugs were involved...
On 01/28/2021 10:38 AM, Matt Hoppes wrote:
Exactly.... the only one who makes out is the Shorter IF the stock goes
down. If it goes up the shorter is massively in trouble.
now rinse and repeat this several times WITH THE SAME BLOCKS and you
have how we got to 140% shorted.
On 1/28/21 1:36 PM, Robert Andrews wrote:
i.e. Caleb wants to screw _both_ Nathan and Jason ( who both used to
have $10 blocks ) Shorting is like playing the No Pass side in Craps..
On 01/28/2021 10:23 AM, Matt Hoppes wrote:
Here’s a quick examination of what’s going on.
On Jan 28, 2021, at 12:31 PM, David Coudron
<david.coud...@advantenon.com> wrote:
My wife has been following this, so I am relating second hand
information. This is the way I understand it.
A hedge fund guy has been bashing game stop for some time. Says
business is outdated. Terrible stock, etc. Turns out the his
fund owned a bunch of it and had been betting on it going down and
short sold it. Gamers got pissed about bashing game stop and
organized a buy of a bunch of stock. Stock price went way up, and
now the hedge fund who had short sold it, had to buy back at high
prices. Lost $10 Billion last time she looked. They stepped in
to keep the hedge fund from collapsing.
That is what I understand anyway.
Regards,
David Coudron
*From:* AF <af-boun...@af.afmug.com> *On Behalf Of * Steve Jones
*Sent:* Thursday, January 28, 2021 11:26 AM
*To:* AnimalFarm Microwave Users Group <af@af.afmug.com>
*Subject:* [AFMUG] Ot: gamestop
Can someone break this down for me to a window licker level of dumb?
If i understand it, hedgefund operators banked on the price going
down, so shit posters rallied together to drive it up, and on friday
the hedgefund operators are forced to purchase at the inflated
price? Is this the gist?
Now government is trying to step in to protect the hedgefunds from
the shitposters?
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