Since most of the big corrections were

Jan 27, 2021
6:10:14pm

BYU71 All-American

Started by hedge funds making stupid leveraged moves.

They get to dodge regulations most can't. Even when it comes to tax treatment.

They also appear to me to be very cozy with the political class.

Report problem with this ad

BYU71

Bio page: BYU71
Joined: Apr 23, 2001
Last login: Jun 27, 2024
Total posts: 67,760 (1,384 FO)

Report problem with this ad

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

NanoFab Coug

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.

Troy McClure

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

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad