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?

Current stock price

Wtf is a short squeeze and when should I sell

🚀🚀🚀🚀

4 points

So, uh, is capitalism over now?

permalink
report
reply

I want to get off Mr. Capitalist’s Wild Ride!

permalink
report
reply

OK folks, strap in. We ended today over $320, which means a shit ton of options were in the money and will execute. There’s going to be about 10 million shares that are going to be bought when those options execute today at 5:30 EST, and that’s when things start to get crazy. That’s a gamma squeeze, which will send the price soaring. Will it trigger the short squeeze? Maybe. Depends on how high the price goes. But the higher the price, the more premium on the shorts the shorters have to provide, and when that premium hits a level beyond which one of the shorts can’t pay, that’s when we get our first margin call. When that happens, the squeeze is on, and it’s only a matter of time before all the short positions are liquidated by margin calls and the stock price approaches infinity.

permalink
report
reply
14 points

i have a bad feeling the feds are going to step in before this really kicks off. can’t let the precious market collapse. i’m just hoping to slip out monday we have been playing chicken for too long with this. i feel like this has become far too large, all encompassing, and involving far too many oligarchs to just result in nice payouts to a few million people

permalink
report
parent
reply

Depends on how much they fear backlash. If the Fed doesn’t have shit for brains they’ve already patched up the liquidity crunch problems that almost threatened to take down the entire market yesterday. I think it’s better for them to just let this play out than intervene and trigger Occupy 2.0.

permalink
report
parent
reply
3 points

Can anyone tell me how to buy stock in communism?

permalink
report
reply
9 points

Do Chinese tech stocks count? Bilibili is where the Chinese Gen Z is at and it seems their communist youth leagues have fairly large followings there. They also brought us The Leader and are working on a Mao Zedong anime. Also it’s up like 6x since last year lol.

permalink
report
parent
reply
7 points

$DENG

permalink
report
parent
reply

:deng-cowboy: :deng-salute: :denguin: :stonks-up:

permalink
report
parent
reply

What happens when trading apps block sales when GME hits its high lol, that’s the ball drop I’m waiting for

permalink
report
reply
14 points

They will never ban sales on GME. That would just cause the price to go even higher. Short sellers need GME to cover their positions. They will do anything to get people to sell and prevent them from buying.

permalink
report
parent
reply

finance

!finance@hexbear.net

Create post

Stock market entryism is a revisionist lie.

:stonks-up: :stonks-down: :ritzy-marx: .

Rules:

NO ABLEISM. ALTERNATIVE WORDS:

  • Piss Baby
  • Shitbird
  • Asshat
  • Liberal

NOTHING IN THIS COMM SHOULD BE TAKEN AS FINANCIAL OR INVESTING ADVICE.

All posts and comments must follow the ChapoChat Code of Conduct as well as our Terms Of Service.

  • No referral, invite, or affiliate links/codes
  • Do not soliciting business/investors, market research, media requests, or recruiting.
  • No asking (even indirectly) for gifts, loans, or donations for yourself or on behalf of any organization or person(s). !mutual_aid@www.chapo.chat exists.

We also do not allow:

  • Any mention of a fundraising campaign even without a link
  • Requesting a job
  • Asking for loan cosigners
  • Soliciting for anyone to engage in any kind of transaction
  • Suggesting another user perform an activity that is illegal, unlawful, or fraudulent in most jurisdictions
  • Linking to illegal content or lawbreaking information
  • Asking for advice on any of the above

Please note, posts and comments shitting on the existence of this comm are not allowed.

This is a dengist safe space. :deng-smile:

“I have, which will surprise you not a little, been speculating - partly in American funds, but more especially in English stocks, which are springing up like mushrooms this year (in furtherance of every imaginable and unimaginable joint stock enterprise), are forced up to quite an unreasonable level and then, for the most part, collapse. In this way, I have made over £400 and, now that the complexity of the political situation affords greater scope, I shall begin all over again. It’s a type of operation that makes demands on one’s time, and it’s worth while running some risk in order to relieve the enemy of his money.”

  • Karl Marx

Community stats

  • 2

    Monthly active users

  • 873

    Posts

  • 4.7K

    Comments