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jeffree

02/24/21 12:33 AM

#5647 RE: janice shell #5644

"And then the squeeze ended. Abruptly, as they always do."...???



really...???
Though I respect your knowledge in stock market matters...

MY opinion Differs...on this one matter...


Were it not for the stoppage of Buying by about 10 brokerages...all at once...


hmmmmm...???


How long the squeeze would last...???...and how high it would Peak...???
Until...eventually...it would fizzle out...

Sure, squeezes don't last forever...but this one was cut Short..."artificially"...ya think?


I do...


I'll show you mine...if you show me yours...

(My position, currently, is Long...20 shares)...


lol
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Neophius

02/24/21 12:41 AM

#5648 RE: janice shell #5644

There are several different views on GME “fair value”, and it certainly wasn’t $4 with the intent to go to bankruptcy. That was pure hubris that helped caused this entire problem.

It’s hilarious that the DD board is so very interested in singular actors and not the giant hedge funds operating behind the scenes.

Gill didn’t force the price to $400. Again, had any of you actually watched his hundreds of hours of YouTube content, you’d be hard pressed to find an actual pump rather than a thoughtful breakdown for GME fundamentals and TA.

For both bulls and bears.

Of course, he’s the conspirator. WSB are the criminals. The monied interests did nothing wrong and aren’t to blame in any way.

We get the DD board’s position.
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Neophius

02/24/21 12:52 AM

#5651 RE: janice shell #5644

Oh, and unlike penny stocks, “shorty” was clearly to blame for the consistent and reckless behavior in the face of a changing narrative and sentiment that left them vulnerable.

You admit the squeeze happened, and those conditions didn’t just happen nor were they solely the fault of a grand WSB conspiracy (another hilarious topic).
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king oil

02/24/21 7:53 AM

#5668 RE: janice shell #5644

I don’t understand how there is any debate as to who is to blame for the situation. The hedge funds shorted beyond 100% of total shares outstanding. The SEC looked the other way and did nothing even as the short position exceeded 100%. The stock was on the failure to deliver list for weeks. Again where is the SEC? Obviously something is wrong if the shares sold short far exceeds the total shares outstanding. To help the hedge funds escape their catastrophic position certain brokerages restricted or prohibited buying while still allowing selling. One of these brokers is owned by a hedge fund. Conflict of interest anyone? The obvious effect was to force the share price down and allow shorts to cover at lower prices.

Again I don’t see how there is any debate.