Fantasy Football - Footballguys Forums
Welcome to Our Forums. Once you've registered and logged in, you're primed to talk football, among other topics, with the sharpest and most experienced fantasy players on the internet.
Stock Thread (17 Viewers)
- Thread starter St. Louis Bob
- Start date
culdeus
Footballguy
NajehHejan
Footballguy
-OZ-
Footballguy
The worst game of
ever? Ok, not like nuclear war, but still. Craziness. What's next, tulip bulbs?
NajehHejan
Footballguy
Buy failing company that is being heavily shorted. Make moat loads. End of story.I don't think I understand this game good enough to participate.
-OZ-
Footballguy
Basically take a stab and hope there are bigger fools later.I don't think I understand this game good enough to participate.
BigJohn
Footballguy
Sell to close submitted @$50. only a 5215.79% profit.......my NOK options are showing me up, uhhh a lot
2Squirrels1Nut
Footballguy
Last edited by a moderator:
Nick Vermeil
Footballguy
Chaz McNulty
Footballguy
It's a pretty good strategy. Unlike a pyramid scheme where only the first few profit, everyone can profit when the shorts are forced to cover (which drives the price even higher).
This could mark the end of the bear raid.
Al Czervik
Not wearing pants
-OZ-
Footballguy
I get that this can kill hedge funds and other short sellers. But what's the potential impact on the overall market? How much collateral damage might we see?
Also, can these people attack the stocks we already own? Please.
Last edited by a moderator:
General Malaise
Footballguy
Elon Musk just Tweeted that if GameStop goes to $1,000 he will put the log on his next rocket going to outer space.
The Z Machine
Footballguy
Ferrari gonna do some bizness after this. Lots of redditeers gonna cash in and buy some expensive ish.
Chaz McNulty
Footballguy
This could get really ugly if it manifests in the Reddit Community discovering how to Short. They could decide that they don't like a companies business practices (for whatever reason), and drive the stock down to pennies.
QuizGuy66
Footballguy
I know if I HAD been in on the GME train the moment Musk jumped I'd get out just because.Elon Musk just Tweeted that if GameStop goes to $1,000 he will put the log on his next rocket going to outer space.
-QG
Last edited by a moderator:
-OZ-
Footballguy
Capella
Footballguy
I don’t think there is any way to know. I just have a few hundred shares so I’m gonna ride it out for a while and see.
Dwayne Hoover
Footballguy
Not sure how many are in this one but KALA is flying today
General Malaise
Footballguy
is this because of news or is this just another reddit darling? I'm so confused.
hagmania
Footballguy
Sideshow Bob
Footballguy
And I thought all the people getting rich buying Hertz last year was crazy!The worst game of
Ok, not like nuclear war, but still. Craziness. What's next, tulip bulbs?
culdeus
Footballguy
The downstream effect of this could be huge, if it's bank holdings that are in the mix of these hedge funds, (Think trust departments for high net worth) and the banks have loaned against the HNW accounts that are now defunct or zeroed out.
Not only are you looking at these HNW people walking on the banks, the underwriting goes in the weeds. While this isn't great depression territory, it casts a shadow over it.
Not only are you looking at these HNW people walking on the banks, the underwriting goes in the weeds. While this isn't great depression territory, it casts a shadow over it.
Sideshow Bob
Footballguy
You do realize people are going to be stuck holding shares at the peak when these things collapse.
2Squirrels1Nut
Footballguy
No idea which is why I wanted my original money off the table. It sure would be sweet if it follows the same path.
Chaz McNulty
Footballguy
If you get to greedy, then yes. But most of the profits will come from the Shorts who were forced to cover.
Bear Raid meet Bull Raid.
2Squirrels1Nut
Footballguy
Yeah, they have been fleecing small investors forever. Now all of a sudden there's a problem.
Sideshow Bob
Footballguy
Charlie Harper
Footballguy
Nothing is on the level of GME. GME is unique because 140% of the float was shorted. AMC I think it's 50%. So AMC won't have the potential "infinite squeeze" GME has behind it.
culdeus
Footballguy
I don't think that's what he's saying. The big problem is the guy who showed up and bought shares, may not find anyone with liquidity on the way down to buy back in. Could end up entering an order to sell at market at 350 and watch it execute at 15.
