I highly doubt the 'Reddit Users pushing GMA and AMC higher' story. Also, trading platforms are exposing themselves as controlled by Hedge Funds with suspect outages. - The Great Awakening

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I highly doubt the 'Reddit Users pushing GMA and AMC higher' story. Also, trading platforms are exposing themselves as controlled by Hedge Funds with suspect outages.

posted 3 years ago by Oh_Well_ian 3 years ago by Oh_Well_ian +159 / -2

There is something massive happening here....

It's like a contagion is spreading and it's going to KILL many Hedge Funds.

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– NCSWIC2020 5 points 3 years ago +5 / -0

I call BS on the MSM spin that this short squeeze is due to oddlot Robinhood trading. No way! This is an attack on MUCH larger scale. It requires a lot more to squeeze this many positions. GME, BBBY, NOK, etc. etc. I am not discounting the power of the small guys banding together and piling on but the catalyst for this squeeze originated from somewhere else.

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– powershellder 3 points 3 years ago +3 / -0

Most WSB people mainly use options, not shares.

Options don’t really affect the price of the underlying.

This is bigger. https://www.reveddit.com/v/wallstreetbets/comments/l2ejas/gme_the_truth_behind_cramer_the_news_melvin/

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– NCSWIC2020 1 point 3 years ago +1 / -0

You are correct! Buying calls does not squeeze a short. Only going long can do that. And it takes a lot of capital do do it on this scale and this many names.

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