No. nothing illegal about meeting on a street corner and saying "hey
cool stock, here's the scoop, consider buying it".
On 1/28/21 1:45 PM, Steve Jones wrote:
So did these redditors break any law?
I assume it is them who will be targeted for enforcement
On Thu, Jan 28, 2021, 12:39 PM Matt Hoppes
<mattli...@rivervalleyinternet.net
<mailto:mattli...@rivervalleyinternet.net>> 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
<mailto: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 business is outdated.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
<mailto: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
<mailto: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?
>>>
>>> --
>>> AF mailing list
>>> AF@af.afmug.com <mailto:AF@af.afmug.com>
>>> http://af.afmug.com/mailman/listinfo/af_af.afmug.com
>>
>>
>
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