Okay, I know it's unpopular to be bearish on this stuff, but I've got concerns. I hope I'm wrong tho.
- Trading volumes over the last couple of weeks can potentially cover short positions, thus short sellers may have already realised losses (as they fucking should).
- Short interest data is very laggy. The only 'up to date' source I know of is S3 Partners, and I don't understand their data collation/estimation methodology at all.
- I, as a retail investor, cannot differentiate between short ladders and institutional investors who went long with retail investors early tapping out.
- Related to point 3, I'm worried people are underestimating hedge funds more generally/are getting cocky and will be left holding the bag for hedge funds who went long.
I want to be proved wrong, even though I've already cashed out because the uncertainty above was making me uncomfortable, but more than wanting to be proved wrong, I don't want chapos getting fucked if I'm right.
Much love comrades
Oh yeah, the above points are technical and totally overlook 'weird fuckery' and 'post-GME fuckery' as tangible risks, but they definitely are :\
Good points - I think it’s both with regard to point 3 and both can simultaneously hurt retail investors and draw down liquidity at moments notice
Thanks fam, and I agree with your analysis there. I've been feeling like I'm crazy or something with how confident people are in the Friday gamma squeeze and impending short squeeze.
It's all Greek to me :3 (I'm nominating this for worst joke I've ever made)
Delete this bb. To be fair, I made a “cow Jones” joke about the cow suit guy yesterday. That was pretty bad
Lmao, guess we're well and truly on the same page regarding the whole GME thing
edit: I would have done an epsilon cat face if I could. I don't know if it would have made the joke better or worse
Yeah, be careful out there folks. Remember the house always wins. Citadel is robinhoods client and buys orderflow and investor data from them. Brokerages are going to protect themselves and clearing houses, who could go underwater if this continues (not from hedge fund short squeeze but from retail investors losing money if this shit goes to 1000 then suddenly crashes). If retail clients can’t pay their losses, that would be a mini-2008 financial crisis in and of itself. They will not let that happen. Someone’s on the hook, and it’s not going to be financial institutions.
The house always wins.
yeah my concern is we don't know what the most up to date short interest is. I was going to wake up early to sell if it spikes but I woke up LATE
