Jump to content
  • Welcome!

    Register and log in easily with Twitter or Google accounts!

    Or simply create a new Huddle account. 

    Members receive fewer ads , access our dark theme, and the ability to join the discussion!

     

Gamestop stock situation - anyone else in on this?


KSpan
 Share

Recommended Posts

4 minutes ago, Happy Panther said:

why?

 

The hedge funds are trying to manipulate today in order to make losses a minimum. The dip is artificial and the billionaires are doubling down on their shorts. With that being said, stock prices for gamestop is expected to rise near or over $1000 in the middle of next week.

 

EDIT: There is also no volume being moved at the moment.

Edited by Mol3m4n
  • Pie 2
Link to comment
Share on other sites

7 minutes ago, Mol3m4n said:

Class action lawsuit is incoming.

Will be fascinating to see how some try to explain what that shutting the valve off for retail can be seen as anything short of deliberate market manipulation, particularly given the stocks that have been excluded.

  • Flames 1
Link to comment
Share on other sites

3 hours ago, Happy Panther said:

Based on what?

some shorts will have to close their positions on friday and are trying to tank the stock to mitigate the losses by decreasing the differential when they buy back the stock, as well as shorting it near the top and selling their short after they have artificially manipulated the stock price

  • Pie 3
Link to comment
Share on other sites

34 minutes ago, pantherphan96 said:

some shorts will have to close their positions on friday and are trying to tank the stock to mitigate the losses by decreasing the differential when they buy back the stock, as well as shorting it near the top and selling their short after they have artificially manipulated the stock price

your avatar fits my mood perfectly. 

What are you guys using to buy? I was using robinhood and they locked the stocks down today. Pissed me the hell off. 

Link to comment
Share on other sites

7 minutes ago, Ricky Spanish said:

your avatar fits my mood perfectly. 

What are you guys using to buy? I was using robinhood and they locked the stocks down today. Pissed me the hell off. 

I already had a Fidelity account and they never stopped allowing trades. I didn't buy into GME, but I increased my positions with several of the other stocks wsb has been discussing. 

  • Pie 1
Link to comment
Share on other sites

4 hours ago, Khyber53 said:

The house always wins in the end. Vegas wasn't built on winners.

 

In all honesty, though, this is a good thing. A group of minor, wee minor, players got involved together to push the game in their favor and the big money players never saw it coming and didn't understand it when it did. Here's why it is good: Our system isn't rigged.

That's right, our system isn't rigged. It does, however, have a byzantine set of rules, opportunities and pitfalls that have come to be exploited by those who have the money to fund massive research not just in companies and investment vehicles, but to research the underlying math, laws and game theory (heck even chaos theory) to get every edge possible. They then have the funding at hand to make massive investments where their profits are just pennies per unit, but create ongoing profits. Those moves and manipulations use billions to make millions every day creating virtual money machines.

Moves like the Gamestop/AMC one can put a quake in the market. Nothing as financially devastating as the mortgage meltdown (and yeah, those big funds were the movers behind that), but something to make them take stock (no pun intended).

Shake 'em up. Run a couple of the bad ones into the ground. It's sometimes important to harpoon a whale or two.

 

while agreeing with most of what you said, how do you say the game isn’t rigged when these brokerages are literally prohibiting regular joes from buying GME on their apps... but they’re still able to sell it? if you can sell it, there has to be a buyer, but if you can’t buy it on robinhood, or any brokerage that apparently uses apex clearing, then there is some behind-the-scenes horse poo happening, bc somebody out there is not happy their hedge fund lost billions bc a bunch of internet trolls got wise to their bullshit, and has a lot of strings to pull at their disposal to put a clamp on the losses.

idk how long the chain of ball squeezing goes, but a small group of ppl in this world are squirreling away all the wealth to control for themselves and have been manipulating the markets with hedge funds and shorts for decades, whilst not producing or returning anything of value to the world. and i don’t think they’re centralized like a round table of villains with slicked back hair and eye patches, but their wealth addiction is bleeding the rest of our society dry. GME, a struggling corporation but still incorporated nonetheless, is like a hapless rag doll to these machines.

  • Pie 2
Link to comment
Share on other sites

1 hour ago, Panther'sBigD said:

I already had a Fidelity account and they never stopped allowing trades. I didn't buy into GME, but I increased my positions with several of the other stocks wsb has been discussing. 

Just opened an account with them. I'm transferring all my robinhood money over there in the morning. 

  • Pie 3
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share


  • PMH4OWPW7JD2TDGWZKTOYL2T3E.jpg

  • Topics

  • Posts

    • What I really learned here is that the Carolina Panthers aren't anywhere near as bad as I initially thought they were earlier this year.  We've got a young and growing offense with some promising parts. But it still needs some tweaks and improvements.  We really still could still use a dominant #1 WR. But Chubba,  Legette, Coker,  and J.Sanders have generally looked decent. Bryce took a big leap after the benching. We can score enough points to keep pace with 2x defending super bowl champions, so offense isn't a huge issue. Main thing that needs improvement is defense. We sorely need a CB 2, and a number of new players at Dline and LB.  We're not quite as bad at edge with Wonnum showing promise.  But we definitely need 1 or 2 more edges Clowney is old.  Run D is probably worse prevailing theme these past couple years. We really need a good young stud or two to pair with Derrick Brown and another LB to pair up with Trevin Wallace. If Morgan and Canales can focus on rebuilding the defense this off-season and possibly going out and getting a #1 WR. This team could easily be somewhere around 7-10 to 10-7 and flirting with playoffs in 1 or 2 seasons. Overall this game has made me feel alot more positive about the direction of the team.
    • With our picks we need pass rush, lb, Safety, a speedster yac wr, o line depth and I still want a mid round qb. We got 9 picks and 8 in the first 5 rounds. If they pull Off another solid draft we be cooking. 
    • We had one passing touchdown against the Giants and one passing touchdown against the Chiefs today. Yes a good backup can replicate that. And that is why Andy Dalton in significantly less games has the same number of 30 point outings as Bryce Young. I am on board with you guys about wanting to be hopeful for the future. Today was a good performance to build on especially at home. But let's please keep things in perspective. BTW the Bucs who honestly aren't even that good blew the doors off the Giants today after we went to overtime against them with 17 points. Again. Perspective.
×
×
  • Create New...