Very true statement about the market correction

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Jan 27, 2021
6:06:08pm

NanoFab Coug All-American

Very true statement about the market correction

The market, as a whole, is pumped full of COVID stimulus and deficit spending... This WSB/GME/Melvin/Citron fight may be pulling the pin from a grenade and we see another 2001 or 2008-esque market correction/collapse.

Great synopsis of the situation.

This message has been modified

Originally posted on Jan 27, 2021 at 6:06:08pm

Message modified by NanoFab Coug on Jan 27, 2021 at 6:06:30pm

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NanoFab Coug

Previous username: bdoggy
Bio page: NanoFab Coug
Joined: Apr 30, 2007
Last login: Jun 29, 2024
Total posts: 36,224 (5,769 FO)

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Messages

Author

Time

FULL RUN DOWN - Here are the GME details for those who want to know.

Spine

1/27/21 5:58pm

Good recap

inertiaman

1/27/21 6:03pm

Well put.

byuluvr

1/27/21 6:06pm

Very true statement about the market correction

1/27/21 6:06pm

Since most of the big corrections were

BYU71

1/27/21 6:10pm

Cozy because most are in their pockets. Where do you think they get their tips

ordinary tri guy

1/27/21 6:47pm

I bet that Hollywood will make a movie of this.

JohnnyC

1/27/21 6:06pm

The Big Short II: Electric Boogaloo.

1/27/21 6:08pm

It can be called The Short Bus: Smooth Brains vs Hedge Funds

Star-Lord

1/27/21 6:36pm

TL;DR hold the line with GME! Then wait to buy cheap stocks after the correction

letthewookieewin

1/27/21 6:07pm

One correction. Gamestop wasn't headed for bankruptcy anytime in the near future like AMC.

CSoul

1/27/21 6:10pm

I agree. Book value is about $7 a share if I remember correctly. I didn't mean

Spine

1/27/21 6:11pm

People who think this is a good thing are being short-sighted. It’s a mob

Odysseus

1/27/21 6:20pm

<< Deleted >>

cvd6262

1/27/21 6:22pm

Especially for those that got no gains from this (the majority of people) this will be a net loss

CSoul

1/27/21 6:24pm

Once you've sold 140% of a companies stock, it seems like shorts were just

Spine

1/27/21 6:25pm

The market manipulation is my biggest beef and all of the big guys are playing that game.

Pimpin4Paradise

1/27/21 6:27pm

I was of this opinion until I learned that

crazY

1/27/21 6:44pm

You don’t think hedge funds are on the other side of these trades right now?

Odysseus

1/27/21 6:52pm

I actually agree with both of these posts 😃

Spine

1/27/21 7:20pm

Yep. Both are probably true.

kalifi

1/27/21 11:37pm

They will likely be the ones catching the falling knife.

crazY

1/27/21 7:54pm

Understood but let's talk about this...

Stev_ie

1/27/21 7:46pm

I wholeheartedly agree. I don't think any regulation needs to change here. I

Spine

1/27/21 7:53pm

So when do you get out? This week? Wait for next week?

WorfoSAUR

1/27/21 10:08pm

All sell signals are close today. If we don't bounce tomorrow I'm selling.

Spine

1/28/21 2:20am

Question. Don't answer unless you really know. You said

Stev_ie

1/28/21 2:13am

We've been debating on another thread. Rules are supposed to stop it. However,

Spine

1/28/21 2:22am

Wrong.

niqmadu

1/28/21 7:28am

Hmmm, this is a good point. Let me digest this.

Spine

1/28/21 10:43am

It is an odd artifact of the system. Cuts both ways obviously.

niqmadu

1/28/21 11:54am

Institutions have to borrow shares to sell them short.

niqmadu

1/28/21 7:26am

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