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The Battle of GameStop

paranoidenough.com

581–583 of 583 posts

Re: The Battle of GameStop

#581
post #579

Earlier quoted context omitted.

A $1000 ticket to punch a 0.1% right in the balls is a worthy trade for many. People donate to political parties just to fuck the other party.

Except its not just a $1000 ticket to punch a 0.1%. They also believe the ticket will be worth $10,000 afterwards.

Are you speaking for yourself or-?

I threw in 1k with the hope that it will cost some billionaires a lot of money. I'm ready to lose it. Shorts already lost 100+ billion this month.

Re: The Battle of GameStop

#582

Earlier quoted context omitted.

As I am writing this reply, the price is >200. It is estimated that Melvin has gone bankrupt.

In your other comment you said they are doubling down. That doesn't sound like bankrupt to me. "Got $3B more investment in a week" is hardly bankrupt.

They were infused 3Bn and appear to have been acquired by citadel. Owner of Melvin Capital is a protege of Citadel's ceo.

Re: The Battle of GameStop

#583
post #579

Earlier quoted context omitted.

Except its not just a $1000 ticket to punch a 0.1%. They also believe the ticket will be worth $10,000 afterwards.

Are you speaking for yourself or-? I threw in 1k with the hope that it will cost some billionaires a lot of money. I'm ready to lose it. Shorts already lost 100+ billion this month.

You fell for the marketing. Billionaires were on both sides. The bulk of the damage is done to uneducated vulnerable retail investors.

So now you're out $1000. You contributed to a scheme which ironically was a net loss for retail. If this were really not about making a profit, you'd see people donating their gains or buying shares for other people, and nobody would be cashing out. Are you still in the trade? What are you going to do with your gain/loss?

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