OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
- Start date
- Jan 22, 2015
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added to ipoe, cmlf, and haac before close
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- Jul 13, 2015
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Not going to look but portfolio dropped at least 300k from last week 
- Jul 13, 2005
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johnnyredstorm
i was gonna gift u a rolex but maybe a G shock will do after this week.
- Aug 1, 2017
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Not going to look but portfolio dropped at least 300k from last week
This reminds me of when a couple of my friends tell me how much they pay in taxes. I do some quick math and estimate what they make, and it sounds like a wonderful problem to have. Of course it sucks but this means your balance is higher than 99% of ours.
- May 24, 2013
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If Hedges are short GME, and they are taking a beating. Wouldn’t they have to liquidate elsewhere in their portfolio to raise capital?
Chances some of the stuff they’re selling off in larger chunks also sits in your avg investors portfolio. If enough avg investors panic sell, that still wouldn’t have a negative impact on the market?
- Sep 12, 2014
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Why not blame the hedge funds for over leveraging themselves on shorts and not some unemployed people trying to make money in their mother’s basements?
- Apr 23, 2001
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Dude you’re 100% right, last time it took a week this time took a day to spook the market...we were headed to nice rebound to end week until the kittys started their crap again.....20-30 of these dudes are moving that stock, they all got in around 2pm yesterday and then pumped up with their diamond hands crap and got the bag holders in......kitty def made a nice profit and exited 80%
- Oct 10, 2005
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- Nov 17, 2013
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What the hell are you talking about?
20-30 redditors pumped it?
Where are you getting this made up info from?
- Apr 4, 2008
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FTCH and ETSY had amazing earnings. I hope they get slaughtered tomorrow. I’ll go on margin or trim something for them if the price is right
- Aug 1, 2017
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I can't tell if this is brilliant satire or ...
- May 20, 2006
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And not to mention that opportunity cost is a variable in many of the pricing models big institutions use and the swift movement in rates forces a readjustment of risk and valuations. Rates are bullish for economic recovery but hit the high PE stocks pretty hard. This whole time the bullish arguement has been valuations arent overextended relative to rates. Well we're seeing that relationship change. Fortunately there will be equilibrium reached at some point and growth can resume. This is necessary.
I havent looked at the numbers but it sounds like another gamma squeeze. Too much call buying combined with wide swings and volatility in the underlying forces the call writers to hedge a wider than normal range of strike prices, hedging by purchasing the stock long, price increases which starts the process over again, like a feedback loop.
I dont think this weeks market action is really a result of gme, i think its mainly the rate story. But gme is definitely sucking up capital that would otherwise be available to stop the bleeding on a day like today. If all this new retail interest was buying based on growth or value or something logical instead of memes the market might be in a different position right now.
- Apr 4, 2008
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I was joking about the kitty. The reality is we were due for a dead cat bounce in GME. Just ironic the market died again thanks to bonds this time. I hope we get one more day of slaughter for FTCH.
- Apr 23, 2001
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I’m saying this dude kitty and his crew on some chat(text/discord/etc) pulled the trigger to run GME up again......smalll group then...20-40 of them.... they went on the pump to the rest of reddit either by PM or on boards....many hundreds........no? What happened? Bill gates went all in? So GME is up naturally? And rest of stock market(98%) is down because bond yields....I ‘ll go with my theory that GME was pumped up again and it spooked the market...
MetalMario
formerly m4riol
- Sep 24, 2008
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a captain is the last to leave his ship gents
- May 24, 2013
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So blame the hedges for selling enough of their portfolio to cause a mass sell off. They didn’t force everyone else to sell too. I mean why aren’t folks holding the line instead?
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- Aug 2, 2008
- 37,548
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Looking at market
- Mar 29, 2008
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Bought a little more into close.
yolo
yolo
- Oct 28, 2006
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Guess I shoulda went shopping today instead of Tuesday
- Aug 19, 2015
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You think 20-40 dudes manipulated a market cap of $7.6B themselves? Almost 60 million total shares... they are the ones who caused the entire market to correct today? 20 dudes from Reddit?
- Aug 9, 2014
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They have plenty of capital because they live in their moms basement
- Apr 23, 2001
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Started with 20-40 dudes then spread to hundreds and thousands on reddit.....or your theory that what it was just due time that GME rebounded to the level they should naturally be at? This time this kitty dude and roaring dude did this behind the scenes rather than .....they got in yesterday afternoon and out after hours or this morning...the majority while having their minions continue to pump.......no? So yesterday afternoon NO PUMP it just by shot up because what? AI? Hedge funds? Millionaires and NOT reddit crews of thousands...that’s your theory? Got it your theory differs from mine.
You know some of these guys got many millions from GME first time around right?
And let me be more clear to you since you didn’t understand me even though you quoted me.....it STARTED with 20-40 and they spread it out to their many many thousands on reddit like a virus......I’m going to guess most of those many millions shares brought and sold were retail traders.....wasn’t from the hello kitty messge board
I ‘m gonna guess kitty dude and roaring dude with many of their friends got in early before the fire spread on the reddit board and got out early...not fully but mostly........or maybe your theory? That Spider-Man for ps5 sold out?
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- Apr 7, 2014
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Thanks Obama
- Sep 4, 2020
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It's the pettiness of billionaires that makes me believe yes. In order to screw over the wsb boys, the big bosses manipulate the entire market to cover the losses and stick it to all the little guys.
