FASCINATING DEBATE on GME Shit Storm happening on CNBC right now...
(www.livenewsnow.com)
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Hold the fucking line!!!
Can someone explain all the GME stuff to me like i'm a 5yo?
A hedge fund shorted it so a bunch of ppl on reddit started pumping the price to squeeze them. Now the hedge fund is bankrupt and wall street is crying about how it isnt fair
https://greatawakening.win/p/11SK7FvB39/the-gme-stock-war-leads-to-suici/
This post was great in helping me understand!
https://youtu.be/4ErvqnEFb-E
Not gonna look at CNBC, can someone describe if other shorted stocks are being squeezed yet? Nobody here owns GME it's a just a story so far.
it's not a direct feed
I suggest you listen.
NOK, AMC,NAKD and BB I think were a few others.
BBBY too..
Basically.. shorts went way overboard and there's too much cash available to blow them up. They will all probably come crashing down - but only after the shorts get out of their positions by buying the stock which drives it up.
When you start seeing stocks with more than 25% of the shares available sold short, there's a big opportunity there. GME had something like 140% of shares sold short..
And KOSS
NOK and AMC tomorrow, boys. I’m in BIGLY.
For those who missed it. Here is 10 minutes. Totally hilarious both of those guests. Comedy at this time.
https://streamable.com/kuxivz
All people at home with no job shouldn’t be allowed to invest. Section 230 will ban us on social media from discussing financials. Explain it in layman terms then 2nd guy goes off the rails with terms.
This secretary dude is an elitist through and through. Complaining about the little guy doing the exact same crap as the big guys but it's a risk to the market when "unsophisticated" investors do it. No comment on if it's equally risky when the "sophisticated" investors do the same crap.