Still think TITNC3: Return of the Iceberg was peak

https://www.msn.com/en-us/money/mar...-gamestop-and-reddit-fueled-surge/vi-BB1d9l7X

This one? (I haven't watched it)

 

There was a massive coordinated attack on all things WSB at 7pm tonight. Not only did they take down the Discord and the Reddit but they also had a short attack on all the stocks immediately after.
It was FUCKING beautiful to watch the shares get gobbled up...They shorted down to 208....
Look at the time stamps on these 2 charts right at 7pm

 

LOVE IT!
great read.
That leverage for shorting beyond float should be illegal

 

Shorting beyond 50% of float should be illegal.

 

I managed to catch that, and Chamath completely obliterated him. CNBC is basically calling all retail investors idiots who shouldnt be allowed to make these kinds of moves, and Chamath said fuck off with that shit when hedge funds make the same moves themselves. Check out the video in this one, the end bit about options pissed me off

https://www.cnbc.com/2021/01/27/gam...-trading-crowd-ran-over-wall-street-pros.html

 

https://twitter.com/CNBC/status/1354488307732914181?s=20

 

Chamath Palihapitiya is a smart mofo who gets it. All the other smartest guys in the room get it too. They just can't say it on TV.

 

It is illegal, it's just not enforced

 

Yes, that's it!

 

Alright, got my stock. If I lose $300 it's not the end of the world, but glad to be here in solidarity people fighting against this fucked system.

If I make some money in the process...*shrug*

 

blocckbuster used to be BB I think. I think the rise is people or algos trying to buy blackberry...

 

My gf is a digital artist for Custom Ink, and she worked on a TON of gamestonk, diamond hands, WSB stuff today

 

We'll scoop you up on our rocketship to the moon. Thank you for your service.

 

Good quote about it:

Funds can sell of shares at progressively lower lots to “tap” down prices. And GME enthusiasts may be buying them as a conviction play (it may seem like we are helping ourselves buying here, but it plays into the short strategy...buying but as long as we hold it’s only a temporary decrease in SP). Imagine I have 1 million shares and I sell them in lots of 10,000 each lot $10 cheaper than the next. If people buy, I’ve lowered the stock price by $100 effectively. It’s a classic short move.
If you don’t think Melvin and Shitron and the funds that propped them up aren’t calling in favors like this right now you’re living in fantasy land.
So for a small amount of shares you can take the price of the stock. It’s only going to save shorts though if once the stock is down everyone panics and sells at the new, lower price. If people hold the line, the stock may be down but shorts will have no one to buy shares to cover from, and the shares they used to drop the price will be exhausted. The volume typically tells the tale of a bear raid. There’s no way this is going to work- I feel like this plus the shutdown of wallstreetbets is just going to infuriate GME shareholders more to where holding is a moral issue. Shorts are likely fucked
Please share and upvote this for god sakes so people don’t think everyone else selling out and giving up!!!! Please someone who can post copy and post this I don’t want credit I just don’t want the little guy to lose!

 

lol nah, it's all customer submitted designs, and she does the re-draws and fixes the line work and makes sure the proportions are correct and shit like that.

I dunno what all she does, but her two monitors are worth about as much as my whole PC. She's a photoshop and illustrator expert which is kinda neat.

 

That's my bag. She's probably got a couple of Apple monitors. They probably cost more than their weight in gold, but there is no other piece of hardware you can buy that's more color accurate, the most important quality for graphical work.