Market manipulation at its finest
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Originally posted by Clintk View PostHave any of you guys bought VSTO? I would think this one could be a good one to watch with ammo sales being what they are and the company has other sporting goods products as well
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Originally posted by ramrod View PostCould the hedge funds just short gamestop right now and make some of their money back on the ride down?
We have already seen one large hedge fund that will likely declare bankruptcy over this. We will see how many more fall.
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Originally posted by jer_james View Post
Frustrating - but with everything headed towards what it was headed towards, it was inevitable.
Robinhood should go extinct for what they did.
Apparently AOC and Cruz agree that what Robinhood did is illegal. Already a class action against Robinhood forming. There will be a lot of collateral damage from this
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Originally posted by Dave View PostThat is exactly what seems to be going on right now, GME is still shorted at well over 100% of available stocks. It will come down eventually, the question is can the short sellers hold out, and keep paying interest on their borrowed shares versus the retail buyers who want to keep the stocks high. If that happens then the short squeeze, borrowers forced to buy back their stocks at the higher price, is on and many think that won't happen till Friday or early next week.
We have already seen one large hedge fund that will likely declare bankruptcy over this. We will see how many more fall.
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Originally posted by txpitdog View PostApparently AOC and Cruz agree that what Robinhood did is illegal. Already a class action against Robinhood forming. There will be a lot of collateral damage from this
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Originally posted by txpitdog View PostApparently AOC and Cruz agree that what Robinhood did is illegal. Already a class action against Robinhood forming. There will be a lot of collateral damage from this
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Want to be helpful...resign."
Unity
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No I wouldn't think so. However, I wouldn't want my money there on principle alone.
Wonder how many of the hedges were able to close their positions and get off the hook because these platforms put us in time-out while they were allowed to continue trading?
Essentially, they didn't do this to "protect" the little guy. They did it to give their cronies a way out, in the process screwing us.
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