As a poker player that sits the table and likes to put on a dumb act to make money I can tell you definitively that he is putting on an act / show here and just trolling so hard.
He keeps talking vaguely and acting like he doesn't know what technical analysis is on the stock chart. (Dude was literally a researcher/analyst for MassMutual ) He also doesn't actually use Yahoo finance like some boomer looking up their 401k from Ace Hardware.
He keeps talking about hitting the button which is a veiled threat of him exercising his calls.
But from the moment the stream was supposed to start, when it actually started, and when it ended, GameStop was hammered down massively and the trading was halted multiple times for no apparent reason. Fraud on display, right in front of everyone's face. (And he was acting like he didn't know how halts work)
Here's the genius part... All narratives about him manipulating the stock price are dead now. He is absolved of that completely. He got on there, said he loved the stock, showed his positions, and the price went down massively. No one can make a case out of that against him.
The thing with playing poker is if you can't spot the sucker at the poker table, it's probably you. He is definitely not the sucker here. He's just trying to make the hedge funds and MSM think that he is. And he can walk away from the table with all their money and they will be scratching their heads and wondering what the fuck just happened.
Also by baiting the hedge funds to lower the price he just gave if everyone an opportunity to purchase more at a fantastic price as well as lower the price on the options chain for others to pick up call options at a discount.
He can pull the $30+ million dollar at any time between now and the 21st. He has a gun to their heads.
Today was just positioning and getting more chips in the pot without needing to worry about the casino security kicking you out before showing his winning hand.
As a poker player that sits the table and likes to put on a dumb act to make money I can tell you definitively that he is putting on an act / show here and just trolling so hard.
He keeps talking vaguely and acting like he doesn't know what technical analysis is on the stock chart. (Dude was literally a researcher/analyst for MassMutual ) He also doesn't actually use Yahoo finance like some boomer looking up their 401k from Ace Hardware.
He keeps talking about hitting the button which is a veiled threat of him exercising his calls.
But from the moment the stream was supposed to start, when it actually started, and when it ended, GameStop was hammered down massively and the trading was halted multiple times for no apparent reason. Fraud on display, right in front of everyone's face. (And he was acting like he didn't know how halts work)
Here's the genius part... All narratives about him manipulating the stock price are dead now. He is absolved of that completely. He got on there, said he loved the stock, showed his positions, and the price went down massively. No one can make a case out of that against him.
The thing with playing poker is if you can't spot the sucker at the poker table, it's probably you. He is definitely not the sucker here. He's just trying to make the hedge funds and MSM think that he is. And he can walk away from the table with all their money and they will be scratching their heads and wondering what the fuck just happened.
Also by baiting the hedge funds to lower the price he just gave if everyone an opportunity to purchase more at a fantastic price as well as lower the price on the options chain for others to pick up call options at a discount.
He can pull the $30+ million dollar at any time between now and the 21st. He has a gun to their heads.
Today was just positioning and getting more chips in the pot without needing to worry about the casino security kicking you out before showing his winning hand.
True
u/#peperain