GME / AMC please watch
Comments
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If two words were missing from that sentence, it would have made sense.NorthwestFresh said:This seems disturbing, yet predictable.
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Of course everybody has to go out eventually and cover the short. What a fun game.FremontTroll said:
You own one share of $gme. You lend it to me and I sell it short. @Swaye hears in a peyote filled vision that the white people are making all the money again and decides to jump in and buys that share from me. But then Swaye lends his share (which is really still your share) out to another short seller who sells it to someone else.RaceBannon said:
Raises handFremontTroll said:Just chiming in to say that just because 140% of the float is shorted doesn’t necessarily mean anyone was naked shorting.
If you don’t understand that then you don’t understand short selling.
Now 200% are short and 300% are long. -
Apparently this has been simmering for awhile.
Informative Tweet thread.
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It wasn't 140% of the float. It was 140% of total outstanding shares.FremontTroll said:Just chiming in to say that just because 140% of the float is shorted doesn’t necessarily mean anyone was naked shorting.
If you don’t understand that then you don’t understand short selling. -
Looks like some of you still need to grasp this: There was no rigged election.
Carry on with the outrage over the rigged financial system.
HTH -
Don’t make high risk trades on margin. Google what a margin account is and you’ll see this is a common occurrence at every brokerage on earth. If you want to gamble, gamble with your money, not theirsHoustonHusky said:Its Twitter so who knows if its true (don't have RH account so no idea what the interface looks like) but a lot of these claims going around:
Note its currently trading at ~$240/share... -
Incorrect but even if true doesn’t change my point.Sources said:
It wasn't 140% of the float. It was 140% of total outstanding shares.FremontTroll said:Just chiming in to say that just because 140% of the float is shorted doesn’t necessarily mean anyone was naked shorting.
If you don’t understand that then you don’t understand short selling. -
Or they don't. And they won't.creepycoug said:
Of course everybody has to go out eventually and cover the short. What a fun game.FremontTroll said:
You own one share of $gme. You lend it to me and I sell it short. @Swaye hears in a peyote filled vision that the white people are making all the money again and decides to jump in and buys that share from me. But then Swaye lends his share (which is really still your share) out to another short seller who sells it to someone else.RaceBannon said:
Raises handFremontTroll said:Just chiming in to say that just because 140% of the float is shorted doesn’t necessarily mean anyone was naked shorting.
If you don’t understand that then you don’t understand short selling.
Now 200% are short and 300% are long. -
Uh...FremontTroll said:
Incorrect but even if true doesn’t change my point.Sources said:
It wasn't 140% of the float. It was 140% of total outstanding shares.FremontTroll said:Just chiming in to say that just because 140% of the float is shorted doesn’t necessarily mean anyone was naked shorting.
If you don’t understand that then you don’t understand short selling.
https://finance.yahoo.com/quote/GME/key-statistics/
"Short % of Float (Jan 15, 2021) 4 226.42%"
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Careful Beav. We don't wear flannel shirts in the club. That's the other place.BennyBeaver said:Looks like some of you still need to grasp this: There was no rigged election.
Carry on with the outrage over the rigged financial system.
HTH
