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Ian explains GameStop

Posted on 5/14/24 at 8:11 pm
Posted by GhostOfFreedom
Member since Jan 2021
11842 posts
Posted on 5/14/24 at 8:11 pm
This is really good and made really simple for even smooth brains like myself and maybe few of you with and without wrinkles.



10 minutes that are well worth investing your time. It is more than GameStop. It is the whole market.

Posted by Civildawg
Member since May 2012
8606 posts
Posted on 5/14/24 at 8:25 pm to
How long can a short position stay open? Is it only until the owner of the borrowed shares call for them back?
Posted by horsesandbulls
Destin, FL
Member since Jun 2008
4878 posts
Posted on 5/14/24 at 8:25 pm to
Hey man, it’ll be ok.

Not everything is a conspiracy. In fact most things aren’t.
Posted by BamaCoaster
God's Gulf
Member since Apr 2016
5322 posts
Posted on 5/14/24 at 9:01 pm to
Care to dispute anything dude said?

Or, ad hominem the argument?
Posted by IMJ127
Death Valley
Member since Jul 2011
3340 posts
Posted on 5/14/24 at 9:02 pm to
quote:

Hey man, it’ll be ok.

Not everything is a conspiracy. In fact most things aren’t.


You're right. But naked short selling is.
Posted by slackster
Houston
Member since Mar 2009
85190 posts
Posted on 5/14/24 at 9:21 pm to
I watched the whole video. Big on theories and light on facts, unfortunately. GameStop shorts, by and large, closed the majority of their positions. The stock is no where near as shorted today as it was in late 2020 early 2021. A lot of “diamond hand” investors sold to those shorts in 2021 too, but it doesn’t help the narrative if you tell your buddies you’re getting out.

People that made a lot of money in GME should pat themselves on the back - bravo for sticking it to the hedge funds and bravo for sticking it to alot of retail investors with the diamond hands meme. It was savvy and cutthroat and is commendable IMO.

Now that we’re in some version of part II, NO ONE should count on their fellow investors to hold with them. They got out in 2021 and they’ll do the same this time around. Make your money.
This post was edited on 5/14/24 at 9:22 pm
Posted by Weagle25
THE Football State.
Member since Oct 2011
46223 posts
Posted on 5/15/24 at 1:07 am to
Think about it this way:

You are having to have the basics of short selling to you and you think you’re going to win against sophisticated investors.

I get maybe thinking you could win the first time if you were early. But this isn’t some blind side anymore. They consider the risk of a squeeze now.
Posted by el Gaucho
He/They
Member since Dec 2010
53171 posts
Posted on 5/15/24 at 7:20 am to
What’s so wrong with blowing up the economy? It’s all fake anyway
Posted by BabyTac
Austin, TX
Member since Jun 2008
12327 posts
Posted on 5/15/24 at 8:17 am to
I’m not watching that crap. That ‘influencer’ needs to get a real job.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
17105 posts
Posted on 5/15/24 at 8:21 am to
quote:

and how and why short sellers could actually blow up the entire global economy.

The market will NEVER let that happen. It's rigged in the their favor. Retail is under an illusion of how much power they actually have.
Posted by notsince98
KC, MO
Member since Oct 2012
18098 posts
Posted on 5/15/24 at 9:25 am to
quote:

In fact most things aren’t.


well that is just blatantly false.
Posted by eatpie
Kentucky
Member since Aug 2018
1151 posts
Posted on 5/15/24 at 2:13 pm to
quote:

Not everything is a conspiracy. In fact most things aren’t.


I would agree with you but recent history has shown that nearly all "conspiracies" are rooted in truth. Politically, I'm certain you'd agree, so called "conspiracy theories" are statistically nearly always true.

Even that kooky dude saying pharmaceuticals in the water were making ghey frogs... He turned out to be right accurate in many/most of his claims!
Posted by Jag_Warrior
Virginia
Member since May 2015
4136 posts
Posted on 5/16/24 at 8:16 am to
quote:

so called "conspiracy theories" are statistically nearly always true.


Could you share those statistics and/or provide the sources?
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