the shorted stonks are finally going down but Fidelity apparently refused to collude now shitposters are buying more stonks despite the trend
what a strange world where anons buy stonks and banks burn
they are talking about if they hold the value above 200$ another couple days, another bank is going to collapse?
🇳🇱
@icedquinn It makes no sense to me, shorting makes stock prices go down not up normally. so I have to wonder why the reverse is happening here.
which caused the value to rocket, and when the margins were called in a hedge fun was KO'd.
@icedquinn yea im aware of the story a bit (didnt really look into it too much).. but what you just describe would be them long-ing the stocks (buying) not shorting.
I envy the people short selling honestly. If shorts werent frozen i would be short selling like mad.. they are going to make a FORTUNE and all from the pockets of whoever thingks buying overpriced stocks is going to do something... the longer they keep it up the more the cashout on the short at the end will be.
In fact I wouldnt be suprisised if the hedge funds are playing the redditors like fools and were the ones who started the trend and got everyone buying shit up in the first place just so they could make a fortune off their shorts.
the truth is the best way to be screwed on the stock market is to be predictable en masse. Having everyone agree to artificially inflate the price by buying like crazy has predictable market results and that means anyone can bet against them and make a fortune at their expense long-run.
In fact the only reason brokers are stopping short-sales at all is because if they let other people sell short then thre is less stock for **them** to sell short. I have no doubt that while all of us are blocked from short sales every broker and hedge fun out there is probably going short on every single stock they can get, most of which are probably shorting the very stocks these people are buying to inflate prices.
Its basically just hundreds of thousands of people just handign piles of money to brokers at this point out of "spite" and thinking they won something.
Fucking exactly my point, THANK YOU.
Stickin it to the man by helping line someone else's pockets.
https://shitposter.club/notice/A3i4jryjOZtsCSJPSi