Replies to post #5163 on Gamestop Corporation (GME)

[papaphilip]

Are you saying you don't believe the short interest was 140% of the float? Those numbers were that way long before this whole short squeeze. And anyone could have seen that. And if the MMs were aware of it, they are culpable for continuing to naked short, and should have paid the consequences when squeezed. --- Or in this case, get bailed out by restricting buying.

Are you saying the short interest was inaccurate and never that high? If those % #s were wrong, they couldn't be so far off. Do you believe more than the float was shorted?

[stock king5508]

Wrong again and again

[B402]

And anyone with sense who finds himself in a situation like this one should have been aware he was probably buying some of that stock.

Which avoided the 140% 'interest' part, placed blame on the investor instead of the the rules change that did the damage across the board..

And over extended short interest position deserves any losses they suffer...not to be protected...

Anyone who can push the overextended position should be rewarded

[ignatiusrielly35]

There was no huge demand that the mm’s had to meet by shorting naked prior to the WSB plan being hatched. Let’s face it, the mm’s stopped simply making a market a long time ago. They are trading for their own account by being naked. It’s a joke. They can simply allow the price to run up to induce sellers to free up shares, instead of shorting naked shares, but they don’t because they themselves are short and they don’t want a rise. That’s the reality. They wanted GME to go under. The argument that only mm’s short naked, and only to Maintain an orderly market, is overly simplistic and false.

[eqinvestor]

Janice, not sure what you do for a living but some of your posts are misleading and what bothers me is that many unsophisticated investors are reading them.

Not all naked shorts are mm. Your post is written in a way that allows unsophisticated investors to conclude that all naked shorts are market makers. That is false.

Market makers do not short naked for the purpose of creating liquidity. That is also false. No market maker because they are a market maker is legally obligated to short naked for purposes of creating liquidity. The number one reason they short naked is because they believe the stock is going down and they can make money by buying the stock back at a lower price. They are market makers first to make money. That is the goal. Their goal is not to short naked and step in front of a freight train if they believe the stock is going higher and they're going to lose money. Your posts are misleading if I read them based on the plain English meaning of what you are saying. Not sure what your angle is here at this point.

In my opinion, the little guy got hosed here. Love when people say GME is overvalued. I offer no opinion on whether GME is overvalues or undervalued. However, I can certainly say that many of the most well known companies in the world are overvalued and that includes Tesla and Amazon. We have gone away from the markets that I was born into where people analyze PE's and really invest.

It has become a market market of hot potato or the greater fool theory and since no one can rationally conclude that Tesla offers value at its current P/E, who am I to question whether someone wants to take a shot on GME. It certainly does seem that you have a angle here and I'm not sure what it is.