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Correct.  I guess my question is if people are entering sells at a significantly higher price than the ask that are being filled by market orders driving the price up even faster. 
Not in AH. Anyone entering market buy hours in AH will just see their market orders sit there. Can only do limit orders.

 
Stop what? A bunch of guys are publicly pointing out that a stock is 130% shorted, and the shorts have to buy shares by Friday to cover, so one could make money if everyone bought and held and forced the shorts to pay $200 for a stock they borrowed at $8. There's nothing illegal, unethical, or even the slightest bit shady going on.

They're doing for the longs what Citron and all the pump-and-dumps do against the longs. How many of these funds make their money by taking a position in a stock, then releasing something on Twitter for/against, wait for the news bots to spray it all over the place, and then take profit when the average joes pile in or flee?
We love to see it. 

 
Fidelity 
In Fidelity if you're using Active Trader then you go to "Trades & Orders" -> "Directed Trade and Extended Hours".

I use 4 brokers and this is the only one where you have to go through an entirely separate menu to place an after hours order (all of the others just have a dropdown on the regular order dialog to make it Day or Day+) so it can be confusing.

 
Same thing is happening to $GOGO, too.
I'm missing out on all these - just don't have the time to monitor and chase.  Kinda bummed not to be able to chase this stuff.

Though I did a fanboy DHHCU buy thanks to our crazy SF runner guy.  :suds: So some excitement on a bit of a slower pace than the wsb yahoos.

 
Isn’t there an agency like the SEC that should be on this? Seems illegal but then again it’s the age of social media. How do you stop it?
Stop what? A bunch of guys are publicly pointing out that a stock is 130% shorted, and the shorts have to buy shares by Friday to cover, so one could make money if everyone bought and held and forced the shorts to pay $200 for a stock they borrowed at $8. There's nothing illegal, unethical, or even the slightest bit shady going on.
I wouldn't be surprised to see the permissiveness of brokers allowing option trading to come under some scrutiny. Maybe the whole HFT trading stuff too. Otherwise, I can't see it being politically viable to go after retail investors for something institutional investors do all the time.

 
I wouldn't be surprised to see the permissiveness of brokers allowing option trading to come under some scrutiny. Maybe the whole HFT trading stuff too. Otherwise, I can't see it being politically viable to go after retail investors for something institutional investors do all the time.


If anything they should limit the shorts ability to be short more than 100% of the shares. Second they should limit the guys who are able to quick-trade ahead of Robinhooder's and make a buck in the nanosecond between hitting the Buy button and the execution.

And I'm certain that it's not just the random idiots at WSB keeping the price high, at this point, with so much retail investor interest, the Algo's must be buying too. We could hit some kind of feedback loop there if some robo-buyer decide "it's been up three days in a row, I better buy more more more!"

 
If anything they should limit the shorts ability to be short more than 100% of the shares. Second they should limit the guys who are able to quick-trade ahead of Robinhooder's and make a buck in the nanosecond between hitting the Buy button and the execution.

And I'm certain that it's not just the random idiots at WSB keeping the price high, at this point, with so much retail investor interest, the Algo's must be buying too. We could hit some kind of feedback loop there if some robo-buyer decide "it's been up three days in a row, I better buy more more more!"
I agree with the bold.

Also, @shades, my comment about brokers is because some retail investors are going to absolutely lose their shirts on this. I think there is certainly some interest in keeping investors out of options markets they aren't closed to understanding. I doubt it will be more than an additional box-check.

 
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Though I did a fanboy DHHCU buy thanks to our crazy SF runner guy.  :suds: So some excitement on a bit of a slower pace than the wsb yahoos.
Me too. SPACs near NAV seem like the best use of idle cash around right now. And a lot of new issuance gets bid up very quickly. One reason I grabbed more SPCX too.

 
So was "stonk" not an accidental mistype here? I thought that was the origin.
Stonks is a meme from a few years ago, originally from Facebook but has been circulated on r/wsb and the like over the past few years.  Elon Musk dropping the "stonks" line is seen by wsb posters as a direct nod to the subreddit.

 
If anything they should limit the shorts ability to be short more than 100% of the shares.
How?  That's not how this works.  If I sell short to schwab they shouldn't be able to sell me more then they have on hand?

Second they should limit the guys who are able to quick-trade ahead of Robinhooder's and make a buck in the nanosecond between hitting the Buy button and the execution.
Not convinced this matters as much as knowing the overall momentum and leverage of their holders is.  

And I'm certain that it's not just the random idiots at WSB keeping the price high, at this point, with so much retail investor interest, the Algo's must be buying too. We could hit some kind of feedback loop there if some robo-buyer decide "it's been up three days in a row, I better buy more more more!"
Most algos are going to sell into a rally.  The overall momentum players are hopping on probably.  Hell it might be a large cap now lol. 

 
Someone on stocktwits ran a screener of the 40 most heavily shorted small cap stocks. I looked at around 5 or ten at the top and it's a veritable who's who of what other stocks have been popping in the last 24-48 hours, a lot of which was just after hours today. If anyone has a chance to look at them all and see what they may haven't tapped yet, might be worth it to find a gem about to erupt. It's gotta be a fairly heavily coordinated attack on shorts - more than just a subreddit thread?

https://finviz.com/screener.ashx?v=131&f=cap_small&o=-shortinterestshare

 
Someone on stocktwits ran a screener of the 40 most heavily shorted small cap stocks. I looked at around 5 or ten at the top and it's a veritable who's who of what other stocks have been popping in the last 24-48 hours, a lot of which was just after hours today. If anyone has a chance to look at them all and see what they may haven't tapped yet, might be worth it to find a gem about to erupt. It's gotta be a fairly heavily coordinated attack on shorts - more than just a subreddit thread?

https://finviz.com/screener.ashx?v=131&f=cap_small&o=-shortinterestshare
Something about this makes me want to put stop losses/sell calls on everything i own tomorrow.

 
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Someone on stocktwits ran a screener of the 40 most heavily shorted small cap stocks. I looked at around 5 or ten at the top and it's a veritable who's who of what other stocks have been popping in the last 24-48 hours, a lot of which was just after hours today. If anyone has a chance to look at them all and see what they may haven't tapped yet, might be worth it to find a gem about to erupt. It's gotta be a fairly heavily coordinated attack on shorts - more than just a subreddit thread?

https://finviz.com/screener.ashx?v=131&f=cap_small&o=-shortinterestshare
I bet on LGND and FUBO yesterday.  Both up after hours nicely.

 
Short sellers also reloaded bets over the last seven days, where shorted shares jumped by more than 900,000, worth $69 million, the data showed. GameStop's short interest stands steadily at 139%, unchanged from a week ago.

"Much like the Revolutionary War, the first line of troops goes down in a rain of musket fire, but is replaced by the troops next in line," Ihor Dusaniwsky, S3's managing director of predictive analytics, said in an email. "We are seeing a short-squeeze on older shorts who have incurred massive mark-to-market losses on their positions but are seeing new shorts coming in."

"This is keeping overall shares shorted in GME relatively flat even though there is a significant short squeeze occurring in a sizable amount of existing short sellers," Dusaniwsky added.

 
Short sellers also reloaded bets over the last seven days, where shorted shares jumped by more than 900,000, worth $69 million, the data showed. GameStop's short interest stands steadily at 139%, unchanged from a week ago.

"Much like the Revolutionary War, the first line of troops goes down in a rain of musket fire, but is replaced by the troops next in line," Ihor Dusaniwsky, S3's managing director of predictive analytics, said in an email. "We are seeing a short-squeeze on older shorts who have incurred massive mark-to-market losses on their positions but are seeing new shorts coming in."

"This is keeping overall shares shorted in GME relatively flat even though there is a significant short squeeze occurring in a sizable amount of existing short sellers," Dusaniwsky added.
Custer would be proud.

-QG

 

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