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Well, just about everything down, not a good day for me. These crap stock kill the shorts is losing a lot of folks money. Glad I got some cash on hand just in case but I’ll probably just relax and not pay attention. Thankfully Amazon is holding up well.

 
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Interesting watching from the sidelines. I can’t day trade due to my job (any positions I take I have to hold a minimum of 30 days) but certainly wishing I could have thrown some gambling money at this craziness.

Edit: It’s so nice seeing how rational the market is!

 
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Well, just about everything down, not a good day for me. These crap stock kill the shorts is losing a lot of folks money. Glad I got some cash on hand just in case but I’ll probably just relax and not pay attention. Thankfully Amazon is holding up well.
Down 1.8%.  

I wondered what it felt like to be a GME short then I realized it's about the same as being an Amzn owner.

 
What happens when these hedge funds that were caught in the short squeeze go insolvent?

Are the hedge funds liquidating their "good" assets to cover their short calls that got blowed up by Redditeers?  Is this a chance to buy "quality" stocks at lower than typical prices?

What is the purpose to society / economy of hedge funds shorting the crap out of stocks?  Just to move a company to bankruptcy faster than it typically would?

 
Down 1.8%.  

I wondered what it felt like to be a GME short then I realized it's about the same as being an Amzn owner.
Hah, yeah, not really. It was holding up better than the rest but now that I’m down 3% it’s dropped more.

Feels like people are selling everything and moving into the short killer stocks. For some reason, it feels like this will not end well for most of us.

 
Anyone know why CCIV is down so bad?
Everything including BTC is unless it’s one of the companies identified as having lots of shorting. I mean everything. I own a couple preferred stocks like FUBO, but everything else is bright red including the indexes.

 
Dumb question - would GME the company itself be able to issue stock to take advantage of this runup?  Hoe long does that usually take?

I am sure it's unrealistic but sorta fun to think they could take advantage and actually strengthen the company's position for real :lmao:

Thx

-QG

 
GD, what the hell is up with APPN? Why did I sell it yesterday. SMH. I didn’t realize it was in the bucket of stocks because there is zero news and it’s really expensive. It was down early too. Oh well, must have been a lot of short interest because that’s part of the reason I trimmed since it had run up too much.

 
Dumb question - would GME the company itself be able to issue stock to take advantage of this runup?  Hoe long does that usually take?

I am sure it's unrealistic but sorta fun to think they could take advantage and actually strengthen the company's position for real :lmao:

Thx

-QG
Lol. Good question. Flooding the market with more shares would probably pop the balloon because it would make a lot of shares available to shorts trying to close their positions which I think is part of the issue not being able to find shares to buy to close the short positions. 

 

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