Today is the big day folks! Will retail investors get royally fucked over again, or will hedge funds go completely bankrupt when covering their shorts today?
Wtf is a short squeeze and when should I sell
🚀🚀🚀🚀
Today is the big day folks! Will retail investors get royally fucked over again, or will hedge funds go completely bankrupt when covering their shorts today?
Wtf is a short squeeze and when should I sell
🚀🚀🚀🚀
The stock market is tanking right now. Hedge funds are withdrawing from traditional investments to cover their losses on GME.
This is only the beginning of their woes. I doubt we will see the short positions on GME go down much after today.
These hedge funds have to buy into the short squeeze we created to cover the interest on their shorts. They are still digging their own grave. They have no other choice.
deleted by creator
umm... what? tanking? dude, the stock market is barely off an all time high. the whole GME thing is a couple billion. it's great for headlines, but that barely makes a dent in the normal volume across the market as a whole.
600 pts off the all time high is significant, especially when this week has been the most volatile week since March. Remember that? When stocks saw their sharpest downturn in history?
The "GME thing" is not a "couple billion." It is, alongside the other squeezed stocks, the most traded stock this week.
Yesterday, the main clearing house which manages 95% of trades that happen in the world, suffered a liquidity crisis & nearly had to shut down all trading. That is a looming possibility through this squeeze.
GME is great for headlines. It's clear you don't read much more than that.
lemme know when the market shuts down due to people using the market. I'll be here.
Read about trading curbs. That would be a good place to start. Or go learn about the halted trading due to liquidity yesterday. "Market shuts down due to people using the market" isn't as bizarre as you are framing it to be.
a trading halt isn't the same as the market breaking. you need to calm down a little bit.
Sure sounds like something you were unaware of
Also, please, just inform yourself of what happened yesterday. DTC had a serious liquidity crisis, and this squeeze has barely begun. [1]
It sounds to me like you started learning about the stock market recently and are really excited to tell everyone what you learned. and that's great, but you need to take it down a notch. you're being debate bro-y, and it's a bit much.
I've posted financial news on here & the Chapo sub before this since the Fed began pumping the Repo market back in September 2019.
I don't want to be "debate bro"-y but you've just been lying nonstop.