Today is the big day folks! Will retail investors get royally fucked over again, or will hedge funds go completely bankrupt when covering their shorts today?
Wtf is a short squeeze and when should I sell
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Chapo.Chat before $GME: YoU ClAiM tO bE a LeFtIsT yEt YoU pArTiCiPaTe In SoCiEtY
Chapo.Chat after $GME: :this: but unironically
I made $400 in one minute and they suspended trading again lol
Three minutes in, lol.
V stable economic system that requires itβs masters to press pause lest it fall apart
Itβs starting at ~$350. If you used money you shouldnβt have now would be a good time to pull out.
Otherwise if you just want to watch some hedge fund managers cry like me, pull up a chair and roast some marshmellows on the fire. :joker-dancing:
Not financial advice
The stock market is tanking right now. Hedge funds are withdrawing from traditional investments to cover their losses on GME.
This is only the beginning of their woes. I doubt we will see the short positions on GME go down much after today.
These hedge funds have to buy into the short squeeze we created to cover the interest on their shorts. They are still digging their own grave. They have no other choice.
ummβ¦ what? tanking? dude, the stock market is barely off an all time high. the whole GME thing is a couple billion. itβs great for headlines, but that barely makes a dent in the normal volume across the market as a whole.
600 pts off the all time high is significant, especially when this week has been the most volatile week since March. Remember that? When stocks saw their sharpest downturn in history?
The βGME thingβ is not a βcouple billion.β It is, alongside the other squeezed stocks, the most traded stock this week.
Yesterday, the main clearing house which manages 95% of trades that happen in the world, suffered a liquidity crisis & nearly had to shut down all trading. That is a looming possibility through this squeeze.
GME is great for headlines. Itβs clear you donβt read much more than that.
lemme know when the market shuts down due to people using the market. Iβll be here.
Saw an article comparing retail investor revolt to chuds storming the capitol. Media throwing everything at the wall trying to turn public opinion. Good fucking luck lol