Soxbadger

Because they werent around back in the day when we used to talk about maybe getting a guy like Ken Hill for a rebound season.

Who held the gun to Arenado's head and forced him to sign with the Rockies instead of hitting FA? That person should definitely be found and murdered.

That is a good point.

And earlier I said that Big Cat from barstool should be investigated by the SEC for his boosting of DOGE and GME. I am not sure what was done on WSB was illegal, I havent seen their posts or if their was coordination.

I know the laws. But not all laws are fair when they advantage a certain subset of people. FINRA and SEC rules are skirted all the time, they get bent. But the idea is the same, one just happens to be legal because they have the money to pump the system so the laws are created in their favor.

You mean like how hedge funds pool resources to make coordiated moves? Or maybe like floor traders who curb traded in the 80s by switching orders on their cards? As long as he revealed his position and interest, what he did is just as above board as what has gone on over the last 50 years.

A short squeeze does that, same thing happened to VW.

I meant the top end is flat. As I said previously youd have made more money trading the volatility than waiting on it to pump after 300.

I could have done this for a living. I traded with globex on the floor of the CME when I was in college. I chose a life where I can just invest long term try and hit 7%-10% per yeat and be fine. I know the type of people behind WSB, they existed in the 80s too. Bears make money, bulls make money, pigs get slaughtered. One day their number will come up on the wrong side of the trade.

Smaller people who try and do short term trading almost always get burned. I dont disagree with that at all. (edit) All I am trying to explain is that the original attack on the short sale Gamestop positions was not a pump and dump. The small time investors who saw it on tv were not the marks of the original trade. That is why it wasnt a pump and dump.

Gamestop got bailed out by Microsoft earlier this year. It wont go under.

Gamestop can sell their shares for cash.

Right intraday volatility, but at the end of the day its been flat. A proper pump would see gains at the end every day. People are making the real money on volatility after it went to $300. Its nothing more than trading commodities in a pit.

Its not a long term play. But trading volatility never is. You hold contracts for 15 minutes. Normal retail investors dont have the buying power to move a company from 50 to 300. There are other hedge funds moving the action. You cant really believe that 5 lots can do this. AMC and NOKIA had 1bil volume the other day each. That is an insane amount of money that retail traders dont have access to.

The stock has been volatile but relatively flat. You dont waste your time pumping. There is no way that they can pump it from $300+. They are legitimately relying on a short squeeze burst. You would actually have made more money by trading the volatility of the stock than pumping it once it got past 200 or so.

The belief is that the majority of shorters are still out there. I personally am not trading GME, but their theory is that the majority of the buy is still out there and it is going to replicate the VW short squeeze. That isnt a ponzi scheme, that is a sophisticated trading move that probably 90% of people had never even heard about prior to this week. Im not even sure how many people even knew what shortselling is prior to this week. But it was a very coordinated move. That would be stupid. The original money came in under $50. No way would any pump and dump not liquidate at $300 plus. The capital on the move believes the short squeeze is still out there.

If it was just a pump and dump, wouldnt the dump have already occurred? Unless you are saying all short squeezes are pump and dumps. They are trying to replicate VW.

Well unlike BTC it has no cap. Therefore there is no scarcity. Without scarcity what is it worth? (edit) I am also still skeptical of BTC, but as it is the premier crypto it does have value.

Gamestop isnt a pump and dump or ponzi scheme, its a short squeeze. Eventually it will crash but the theory (and I dont know if they are correct on the outstanding positions) is that the shorts are due today and that the hedge funds are going to have to buy it up even further. At that point it would need to be sold. DOGE is a ponzi scheme. Its trading dollars for monopoly money trying to convince your friend to do the same.

What is happening with DOGE is criminal. These people dont realize they are the marks in the con. (edit) And guys like Big Cat at Barstool should get hit with SEC violations if they have any and are pumping it.

Basically getting caught in their own greed. I just want this to put a little fear in the short sellers. It was just to easy to manipulate for big gains and little risk.

I think this is all fine and as I said before, I cant believe these sites were letting people trade on margin. What seems messed up is that they restricted buys but not sells. If youre having problem paying for the fills, then why can you only fill the ones that are possibly advantageous to the brokers? Its a rhetorical question, but there are going to be some investigations and im guessing at least a few people did something under the table.

I think you are missing that they believed attendance would spike when they were competitive and they had 0 revenue from that last year with no promise of any this year.

Im actually shocked that they didnt have this in place to begin with.

And just like that its down to $9.5