Gamestop might be coming back they have made changes to get into the collector card industry by buying rated cards and selling cards which might change the trajectory of their business.
Yeah, those gambling addicts even call themselves degenerates. I enjoy watch some RU-vid channels that tells their stories, like losing all of their student loan money, or even their mom's 401k account. Wow!
Pretty sure they did. 24% short position isn't much, compared to 140% short position 1st time around. And this time around, it's most meme investors that lost their money, see how it collapsed 50% already after all of meme investors jumped in?
@@DailyPragmatism you can't cover if no one sell. If you try to push the buy button on lit exchange it would go parabolic because they can't find the shares to cover. this run was just 'cos fomo buying.
The MSM publishing a hit piece every time Elon sneezes without covering his mouth isn’t market manipulation, but some guy randomly posting a meme somehow is?! Makes perfect sense
If you're investing in Shiba Inu, you can thank Elon for making it relevant with his love of the meme and the dog. Without the dogecoin craze, several tokens like Floki, Pepe, and Bonk wouldn't exist.
It's all manipulation. That dude probably loaded up before he started engaging on social media again and got out when it hit 60 bucks. Now it's at 20 and falling.
Is only market manipulation if the Hedge Funds lose money. Otherwise, it is good practice. The big interests as long as they win money from us, the retail investors, all is ok . If someone is being followed, it is not market manipulation. Aren't we all free to associate? I guess nor when itis not convince ient to the Hedge people or big interests firms!
You explained it very well. I have been holding AMC since feb 2021. I don’t think it’s over in my personal opinion. If you zoom out GME and AMC are up week over week so far. We definitely need more market transparency. Hopefully the “Cat”system helps with that.
correct. robbing the hood that is colludes with market makers and have not righted their wrongs. if RH wants to make things right make whole anyone and everyone that lost money in their GME trades in their broker. they all colluded to halt GME of course in the name of protecting us they say. more like buying time for them to buy puts and opening 125 gme call contracts and begging for leverage while pumping their trash co for leverage
I am watching this just as game stop is back to 47 back down to 26 then back again to 67 and last Friday to 27. The fight is still on. GME to the moon ♥️🚀🚀
Andrei, you should do a deep dive on the Mutual Fund industry and the relationship with Financial Advisors and the practice known as “Revenue Sharing”. I had a brief stint as an FA with EJ, most of our sales training was done by one particular fund company, and that particular year I think the revenue share amount was like $60M across the country! 😮
Dude, I just looked at 2023 numbers. They gave back $3.50 for every 10K of clients money that was put into this particular fund company. Total revenue sharing of this one fund company? 109M last year!
@@AndreiJikh if you Google EJ revenue sharing it will pull up their site and they have to disclose all the relationships with different fund companies. Previously they didn’t disclose the relationships they had and a client sued them and won in California
I kind of get the goal of halts, but they need to at the very least loosen the reins. GME did not move nearly enough this week to get halted that many times in my personal (worthless tbh) opinion. I feel like it should take a 50% drop or 100% pump over at least an hour to trigger a circuit breaker.
Crypto is getting regulated, most likely to stop retail investors from manipulating the price and to stop future SBF wannabes from ruining everybody's finances by illegal means.
Official statement from SEC on jan 2021 buying stated it was retail buyers and not shorts closing. So when did shorts cover the entire float they shorted??? They didnt.
You don't know what you are talking about. I assume you are just a casual investor who knows nothing about market mechanics. If you do know what you are talking about, you are intentionally being misleading.
Hey andrew i been watching you since you started and i never got a like ir anything from you. If you like my message that means gamestop and amc will short squeez . Now you have to like
As far as I know the circuit breakers were introduced after the 2010 flash crash, because a simple computer malfunction can ignite a cascading panic selling is not good for the market
My question is how did the hedge funds were able to cover their shorts when we knew they had borrowed more than 100% of the outstanding shares? Ie so much naked selling? Buyers must ask their broker to deliver the shares to them.
What’s intriguing I believe the SEC did an investigation of Jan 21 & found it was positive sentiment raising the price not “buying to cover” So how did they close when there’s was more than 100% shorted & simultaneously drop the price. Seems suspicious. I believe they’ve only found ways to hide the short interest in their reporting.
The relationship between M/M's and brokers is small potatoes compared to clearing firms owned by hedge funds, the clearing firms manipulate margin requirements, forcing retail customers to sell or cover at key price levels, literally moving whole sectors, this SEC is blind as a bat.
I think GameStop was forced to show preliminary earnings. How common are preliminary earnings. This was supposed to be a second chance for the big run. The circuit breaker was triggered whenever they felt like it. They really got us, again. It hurts 😥
