>Here’s Margot Robbie in a bubble bath to explain r/wallstreetbets’ shorting on Gamestop
>Heres Margot Robbie in a bubble bath to explain r/wallstreetbets shorting on Gamestop
>Here’s Margot Robbie in a bubble bath to explain r/wallstreetbets’ shorting on Gamestop
>r/wallstreetbets’ shorting on Gamestop
qrd?
>qrd?
/r/wsb wasn't shorting gamestop. they were buying and holding. the reason they were doing this is because there was a massive short interest on gamestop. /r/wsb buying and keeping the price up meant that the shorts had to buy shares to cover their losses which pushed the stock up even higher. also, OP's pic is from one of the movies about the 2008 collapse. big short maybe.
It is from the Big Short.
The big short? More like the bogged bawd.
People realised hedge funds were shorting well over 100% of gamestop stock. People started mass buying and holding, massively driving up the price. It turned into a genuine attempt to hurt moronic, predatory investors and it worked to a degree.
Basically, a short is a bet that the stock will drop on value. A big jump in value on a shorted stock is a losing bet and costly. So much was shorted that the jump in value literally had the potential to crash and wipe out multiple hedge funds.
Robinhood banned buying/selling of the fund in the end.
>Robinhood banned buying/selling of the fund in the end.
How are they allowed to do that? Isn't the free market supposed to be, y'know, free?
if you choose to use a certain app to buy and sell stocks then they are free to restrict buying and selling of stocks as they see fit, you are always free to use a different service if you're disatisfied
Bake the cake, bigot.
thanks, rabbi
>what? You don't have your own personal stockbroker.
>redditors realize gamestop stock in undervalued
>encourage everyone else to buy in
>huge stock price increase
>smart ones sell while the going is good
>price crashes
>redditors left holding the bag
>they turn it into a cult and claim that "the biggest shortsell of all time is coming"
>several years pass and still hasn't happened yet
don't trust anyone who gives you financial advice on the internet, it's always a scam
Buy low.
Sell high.
You can loan stocks and pay them.back with interest after a while
People expected gamestop stocks to decrease in value by the time they had to return the stocks that they had borrowed
People borrowed gamestop stocks and then sold the borrowed stocks, thinking that they could just buy new stocks at a lower price later and return them to gamestop instead of returning the stocks that they borrowed (this is called "shorting stocks")
Redditors realized a lot of people were shorting gamestop stocks so they banded together and bought massive amounts of gamestop stops and drove up the gamestop stock values by a massive amount
Now the people who had borrowed and then sold the stocks had to buy gamestop stocks at a price that was much, much higher so they could pay back gamestop, thus losing a lot of money
The one time where the rich were absolutely seething because poors made millions and they lost billions.
Financial advice from Australian women? Fricking lol. No thanks!
I'd take financial advice (among others) from prime Cate Blanchett
i'd take advice from anyone that the surname ends in berg or goldman
beautifel lady come to india
How much for the water? Do you accept food stamps?
I made so much fricking money on GME, biggest trade of my life $120K.
Although the stress literally took years off my life, I never want to do it again.
i had about $200 to my name and $1600 rent due. my gf paid $600 rent to me. bet my $200 on gme and had enough to cover rent. was in and out in like four days.
That's how you make money on crypto and meme stocks. You put in money, wait for the pump and then get out as fast as you can. The ones who lose money are the ones who "HODL DIAMOND HANDS APES". They refuse to sell quickly after the initial pump, waiting for the "giga pump" that's supposed to come at a later time and lose their money while the stock/crypto tanks in price slowly.
I only remember it caused whoever they are to pause the stock market which was a thing I didn't know could be done.
It couldnt, but whoever they are tends to find ways to change the rules once the cattle wisens up and starts winning the game.
Robin Hood paused buying because they're not buying and selling stock in real time, just agreements to buy and sell stocks later. When the price shot up they refused to take more orders since they otherwise would be obligated to buy stocks at higher prices than they were intending to. Normally if you buy 200 dollars worth of stocks the price doesn't go up 10% by the time they buy it, but even if it does it'll be such a low volume that its covered by the reverse happening. With GME prices were going vertical for a week straight and it was a huge volume that they couldn't possibly fill. Effectively they were getting stiffed the same way the shorter were, except they had the right to just refuse the transaction.
I watched this movie and didnt understand any of the explanations. I think all the people who do that stuff should just be killed honestly.
I liked the movie a lot, but I was glad I already knew most of that stuff beforehand. I can't imagine anyone with no knowledge trying to make sense of it.
SEAmonkeys and sub saharan africans OUT
I'm sure most people after watching the movie still can't understand why bundling loans into CDOs was so profitable and how it collapsed the economy.
sexo margot
MIDgot Robbie
>mfw im still holding GME
Just why? The squeeze happened just as planned, the price rocketed just as planned. Why didn't you sell then?
Hate this scene because it's so condescendingly moronic just so the director can insult the audience who watches this crap and coomers can circlejerk this movie into being better then it is because they are so pornsick they see boobs and go crazy
The Goose was so good in this one
I still don't what the personality of his character was supposed to be. Just some normal investor dude except a bit smarter than the rest?
The Goose was on the ball pal, thats all you need to know. Stop being such a buzzkill bro.
so has anyone explained how and why israeli number magic makes them rich but us poor?
just buy chainlink dumbasses