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GME / AMC please watch
Comments
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If there was something to see it would be seen in the Tug in order not to disturb the old dodgers in their stuffed leather chairs smoking cigars and drinking brandyHoustonHusky said:Nothing to see here...move along now...
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We see just fine. We just don't carry torches and march out in the cold.RaceBannon said:
If there was something to see it would be seen in the Tug in order not to disturb the old dodgers in their stuffed leather chairs smoking cigars and drinking brandyHoustonHusky said:Nothing to see here...move along now...
We handle our business the old fashioned way: with money. -
Citadel isn’t short $gme lol.HoustonHusky said:Nothing to see here...move along now...
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Which proves they weren’t caught short because if they were they would have been worried about their own skin and not able to add risk by bailing out others.HoustonHusky said:
I wonder what kind of terms they got for that bailout...seems like they likely made out like bandits in this situation. Especially as they benefit when Robinhood volume increases as they take a lot of the order flow. -
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Troof.doogie said:
Just remember, Paper ain’t Silver!PurpleThrobber said:
Threw away some money on that as the market opened this morning. It was a peyote filled vision.NorthwestFresh said:AG seems to be the next shorted stock?
Down about a hundie at day end. Dead even on SLV.
I actually have held gold bullion bars. Those fuckers are heavy. Not quite as impressive when you're holding a single bar with literally dozens of pallets of gold and silver bars stacked up. Made for a good picture.
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They added risk by buying into the firm that was short and underwater...magically the market shenanigans happened soon after. I'm sure they made out like bandits because they probably exited most of the position Thursday morning when they were tanking the stock. They are free to open their books up and show everyone they weren't, but that will never happen.FremontTroll said:
Which proves they weren’t caught short because if they were they would have been worried about their own skin and not able to add risk by bailing out others.HoustonHusky said:
I wonder what kind of terms they got for that bailout...seems like they likely made out like bandits in this situation. Especially as they benefit when Robinhood volume increases as they take a lot of the order flow.
Bought some more PINS...assuming Melvin was the ones heavy selling it earlier this week. -
A loan is not a position. I am sure that Citadel, being sophisticated market participants, secured adequate collateral rather than putting themselves needlessly in the difficult position of having to rely on potentially illegal actions to manipulate a random small cap stock in order to ensure payback of a loan they made well after the short squeeze became obvious.HoustonHusky said:
They added risk by buying into the firm that was short and underwater...magically the market shenanigans happened soon after. I'm sure they made out like bandits because they probably exited most of the position Thursday morning when they were tanking the stock. They are free to open their books up and show everyone they weren't, but that will never happen.FremontTroll said:
Which proves they weren’t caught short because if they were they would have been worried about their own skin and not able to add risk by bailing out others.HoustonHusky said:
I wonder what kind of terms they got for that bailout...seems like they likely made out like bandits in this situation. Especially as they benefit when Robinhood volume increases as they take a lot of the order flow.
Bought some more PINS...assuming Melvin was the ones heavy selling it earlier this week.
Your better argument is they needed Melvin not to blow up because Melvin is long a lot of the same stocks as Citadel. But for that all they needed was for Melvin to cover not for the squeeze to fail. -
Wasn't there a corollary saying from Trump way back when...owe the bank a little money its a loan. Owe the bank a shit-ton of money and you become an owner? (Not quite the same but similar concept). Not sure what Melvin would be able to pay Citadel back with if they go underwater on the GME short and had to liquidate all of their holdings to help cover...shorting a stock at $10 that then trades at $350 gets expensive real quick. Add too that Citadel's investment in Robinhood and the fact they were likely not liquid...FremontTroll said:
A loan is not a position. I am sure that Citadel, being sophisticated market participants, secured adequate collateral rather than putting themselves needlessly in the difficult position of having to rely on potentially illegal actions to manipulate a random small cap stock in order to ensure payback of a loan they made well after the short squeeze became obvious.HoustonHusky said:
They added risk by buying into the firm that was short and underwater...magically the market shenanigans happened soon after. I'm sure they made out like bandits because they probably exited most of the position Thursday morning when they were tanking the stock. They are free to open their books up and show everyone they weren't, but that will never happen.FremontTroll said:
Which proves they weren’t caught short because if they were they would have been worried about their own skin and not able to add risk by bailing out others.HoustonHusky said:
I wonder what kind of terms they got for that bailout...seems like they likely made out like bandits in this situation. Especially as they benefit when Robinhood volume increases as they take a lot of the order flow.
Bought some more PINS...assuming Melvin was the ones heavy selling it earlier this week.
Your better argument is they needed Melvin not to blow up because Melvin is long a lot of the same stocks as Citadel. But for that all they needed was for Melvin to cover not for the squeeze to fail.
Only thing I'm sure of with Wall Street is that rules are like road markings to the banks and hedge funds...they are a nice guide but they won't keep their car in the lane if they need to swerve to miss something.
