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Total loses on short sales since the beginning of the year per market watch

Allan

184

So on all stocks then. Okay,.

185

Not…it’s tanking because economic outlook sucks.

186

BlockBuster Video: Hey Reddit what’s up homies?

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187

Perfect.

188

and who pays robinhood for order flow???
citadel one of the hedge funds that bailed out another fund that lost Billions on GME.
after robinhood banned buying the stock and it crashed im sure citadel went in to cover their shorts…

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Just found a quote from Daniel Drew that most people who are more familiar with this type of situation likely already know.

“He who sells what isn’t his’n must buy it back or go to pris’n.”

Well, its kind of appropriate for a quote about 150 years ago…

Everyone who really cares what happens to those hedge fund manipulators raise your hand. Thought so.

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Yep this was started on a huge subreddit wallsteetbets. What I find truly impressive is that they managed to keep it going this long, I read were Melvin Capital lost close to 3 billion dollars on their GameStop short (They weren’t the only ones).

It will be interesting how this plays out because GameStop is trading over $300 and the big funds were shorting when it was below $6. Hard to think the stock was at $2 once this year one can imagine that now over $300 the big sharks will be to tempted not to jump in again hoping to break the back of those on reddit.

One has to hand it to them if someone was anti Wall Street they achieved more in a a few days then the occupy Wall Street group ever could have dreamed of. If Melvin wasn’t bailed out by 3 billion in loans they were going under.

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Stock crashes and strip teases. The Roaring 20’s are back. lol

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Some folks are buying ad space for $GME on those digital billboards which I find humorous

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Surprisingly neither the Simpsons nor South Park have done this yet. Though South Park got closer with the Washington Redskins episode.

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And they’ve possibly bathed while doing it.

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Interesting, if true.

“Now, how about this one?” Belfort continued. “Google eliminated 100,000 negative reviews off of Robinhood. … I can’t believe the things that are being allowed to happen right now and it’s almost like Big Tech has impunity, Wall Street has had impunity.”

Jordan Belfort, ‘Wolf of Wall Street,’ on ‘little guy’ stock wins: ‘It’s about time’ | Fox News

" Robinhood Was Flooded With Negative Reviews – and Google Deleted Them"

Robinhood Was Flooded With Negative Reviews – and Google Deleted Them (fool.com)

So is Big Tech extending their reach from controlling political speech to manipulating the stock markets as well?

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Saw that report on Forbes.

Google admits they did it but are hiding behind the excuse " Google claimed it had taken action against “coordinated or inorganic reviews,” although the company reportedly refused to answer questions on how it deemed a review as inorganic — Forbes has also reached out to Google for a comment."

Gutfeld also mentioned a connection between Google and Robinhood, but I wasn’t really paying close attention to who he said the connection was.

The whole thing is dirty.

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What is this “organic” and “inorganic” crap all of a sudden?

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Oh my! It’s Gramsci!

An intellectual or someone of professional standing (i.e. a doctor, lawyer, or priest) who rises to that level from within a social class that does not normally produce intellectuals, and remains connected to that class. In other words, the organic intellectual is the opposite of a yuppie—they are not upwardly mobile and their concern is for the conditions of their class as a whole, not for themselves. Italian Marxist philosopher Antonio Gramsci develops this concept in his famous ‘Prison Notebooks’.

https://www.oxfordreference.com/view/10.1093/oi/authority.20110803100253736

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Here is what I would like to see happen.

SEC to announce that ALL trading in game store will be suspended.
Then announce that short sales need to be brought under 80% of public stock (my brokerage account shows it currently 121% short, so 41% of the short stock is what I’m talking about.)

All those with short sales immediately need to pay the current price to those the “borrowed” stock from. Everyone paying down the same percentage to reach the 80% mark.

If certain companies are unable to fund the short call – then they can file bankruptcy.

Wednesday morning game store resumes trading as normal.

For the record I don’t own any game store stock short, long, holding or otherwise.

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They should have just left it alone. Let the losers lose and the winners win. Everyone knew the risk when they bought the short or the stock. Let em hold it.

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There is no way in hell you can get to 140% of the publicly available stock shorted without naked short selling. SEC should be held accountible on why this was allowed to happen.

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If this was the only time this happened, you’d be right. When the hedge funds made bank on the short, nobody cried foul. Looks like the lesson needs to be learned.