Gamestop

[Dona Ferentes]

GME was just a very sophisticated pump n dump. All those dumb Reddit morons have done their shirt ....

Quite likely.. found this:

https://www.firstlinks.com.au/welcome-to-firstlinks-edition-393


The Peridot Capital Management newsletter quotes another example of a stock targetted by the Reddit army, AMC, a struggling movie theatre chain, and how the rise in share price benefitted a large holder:

"Silver Lake Partners, a large, well known private equity firm held $600 million of AMC convertible debt due in 2024, which was in a dicey spot with the convert price well into the double digits. Well, they acted fast last week, converting the debt into 44 million shares of equity as the stock surged into the high teens, and selling every single share the same day the stock peaked. That’s right, they go from being one of the largest AMC worrying creditors to being completely out at nice profit in a matter of days. Note to Redditers: that’s how you ring the register!"

 

[investtrader]

GME lost another 42% last night ..

 

[moXJO]

Im in on Doge coin and "bow wow" so far. Taking some early profits and let the rest run. There's a billion, or billions of coins so I don't think the upside will be that huge. Won't reach the moon, but might hit the top of the barstool.

 

[greggles]

ASX chief warns on GameStop-style trading frenzy

Things have quietened down on the WallStreetBets front, but something tells me we haven't heard the last from those guys yet. I bet there are plenty of disillusioned millennials who now have brokerage accounts and are waiting patiently for the next big thing.

 

[moXJO]

ASX chief warns on GameStop-style trading frenzy

Things have quietened down on the WallStreetBets front, but something tells me we haven't heard the last from those guys yet. I bet there are plenty of disillusioned millennials who now have brokerage accounts and are waiting patiently for the next big thing.

It's too unfocused (well more than usual anyway) to get hard hits. They ran into pot stocks and pumped them, which then crashed. Just the numbers of people watching now allows it to move things hard.

 

[moXJO]

Sentiment trading tool for wsb:

https://swaggystocks.com/dashboard/home

 

[moXJO]

It's back baby.

After watching the WB guys half ass this rally, they finally managed to kick it over. Not sure it has the power, or numbers of the first

 

[moXJO]

Gme is the gift that keeps giving. Go meme stock.

 

[basilio]

Gme is the gift that keeps giving. Go meme stock.

Go boy!! Just don't be the last one in the pool or you'll go down the way of these little fishies

Drone Captures Eden’s Whale Trap Feeding in the Gulf of Thailand

By treading water and keeping the corners of their mouth below the surface, a flow is created pulling the fish into the whale’s mouth

twistedsifter.com

 

[moXJO]

Go boy!! Just don't be the last one in the pool or you'll go down the way of these little fishies

Drone Captures Eden’s Whale Trap Feeding in the Gulf of Thailand

By treading water and keeping the corners of their mouth below the surface, a flow is created pulling the fish into the whale’s mouth

twistedsifter.com

2021 has been interesting (investing/gambling wise). NFT's seem even more ridiculous. Time to make some shitty jpegs and pretend to be an artist.

 

[noirua]

GameStop, AMC Entertainment and the democratisation of investing: meet the Reddit users turned traders

When the clock ticked to midnight last 31 December, people across the world welcomed 2021 with all sorts of resolutions for the new year: perhaps keeping...

www.proactiveinvestors.co.uk

 

[greggles]

Meme Maniacs Have Only Just Begun Their War on Wall Street

Bloomberg - Are you a robot?

www.bloomberg.com

 

[MovingAverage]

Meme Maniacs Have Only Just Begun Their War on Wall Street

Bloomberg - Are you a robot?

www.bloomberg.com

The inevitable consequence of the democratization of the stock market The minute something is opened to the masses it all goes to ****

 

[Smurf1976]

Meme Maniacs Have Only Just Begun Their War on Wall Street

Bloomberg - Are you a robot?

www.bloomberg.com

This headline sounds like someone ringing the bell to mark the actual or at least imminent top of the market.

Time will tell but it's got warning signs all over it.

 

[divs4ever]

one might think an aggregate 140% short position on a stock , was a recipe for some sort of disaster , regardless of mass participation

who DIDN'T seem to participate much early on was the SEC .. ( too many buddies lined up for a piece of the kill perhaps ?? )

a mathematically inclined person might have been starting to scrutinize the trading as soon as net short positions approached 95% ( because surely some of those positions were naked shorts )

 

[Dona Ferentes]

Explainer - Why did the SEC release a report on GameStop?

Why did the SEC release a report on GameStop? By Reuters

Why did the SEC release a report on GameStop?

au.investing.com

 

[orr]

The overall value of this piece also appllies to a number of other theads across Business Economics & etc.etc

 

[moXJO]

Roaring kitty was back last night. GME went up with the ape ins

 

[divs4ever]

so where do you look ?

ShortMan - Top 100 shorted stocks on the ASX

The top 100 shorted stocks on the ASX, by short position. The full list of shorted positions is also available for download.

www.shortman.com.au

now i hold some of those

what chance will WGX ( i hold ) come back to an attractive top up price OR NIC ( i hold ) rise to a juicy reduction price ?

as examples

 

[investtrader]

GME is not that bad. Sales 5,200,000,000 USD Net equity 1,338,000,000. Loss of 31Mil. Mkt Cap 5,200,000,000USD

DJT Sales 4million ( yes, that is correct). Equity negative 66Million. Mkt Cap 6,900,000,000USD.

The world is full of fools.