Facts. 1. Most of those on WSB

2021-02-25

Facts.

1. Most of those on WSB and using Robinhood changed brokers.

2. Hedge funds were manipulating the markets with the ladder attacks dropping the prices

3. The tactics mentioned above just bought the hedge funds time and was delaying the inevitable.

4. If retail investors weren't selling there's no way for the hedge funds to recover!

Here's Why GameStop Stock Just Exploded Higher

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Comments

李育儒
2021-02-25
李育儒
Hedge funds did covered.

But it is new short cover old short, t the same stock can be borrowed multiple times.

It is like using your $5000 paycheck to make $20k loans from 10 banks.

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If retail investors weren't selling there's no way for the hedge funds to recover!","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/361565931","repostId":1162365074,"repostType":4,"repost":{"id":"1162365074","pubTimestamp":1614230811,"share":"https://www.laohu8.com/m/news/1162365074?lang=&edition=full","pubTime":"2021-02-25 13:26","market":"us","language":"en","title":"Here's Why GameStop Stock Just Exploded Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1162365074","media":"Motley Fool ","summary":"Everyone is gearing up for short squeeze 2.0.\nWhat happened\nShares of GameStop were trading moderate","content":"Everyone is gearing up for short squeeze 2.0.\nWhat happened\nShares of&nbsp;GameStop&nbsp;were trading moderately higher on Wednesday until about 1 p.m. EST, when they started gaining a little momentum. Then, seemingly out of nowhere, the stock absolutely exploded higher. Trading was halted several times as it rapidly climbed to finish 104% higher for the day. And it's still climbing after hours.\nSo what\nEarlier this year, GameStop stock had an epic short squeeze, orchestrated by a group on Reddit called Wallstreetbets. This group noticed that&nbsp;short interest&nbsp;for GameStop stock was over 100%. With a clever combination of buying common shares and call options (called a&nbsp;gamma squeeze), the group was able to cause the price per share to go up, forcing many short-sellers to close their positions for massive losses.\nWhen the dust from the short squeeze settled, short interest for GameStop stock plummeted. Only about 40% of the float was shorted as of Jan. 29. More recent data isn't available yet to know what it is exactly today. But the decline in short interest appeared to mark the end of the GameStop saga. The stock fell roughly 90% from peak highs.\nExcept, apparently, everyone simply regrouped for round two.\nTraders were out in full force late this afternoon, bidding GameStop stock back up. To be clear, 40% short interest is still significant enough to spark a mini&nbsp;short squeeze. However, it's possible shorts decided to short GameStop again, thinking it was all over. After all, the stock was still trading more than 10 times where it traded before all of this began. If short interest has increased any since Jan. 29, then this could be a wild ride yet again.\nNow what\nLast time, many GameStop bulls felt cheated because of the trading restrictions Robinhood and other brokerages put on the stock. In a recent interview with Dave Portnoy, Robinhood's CEO said it moved to restrict trading because it feared an impending liquidity issue if it didn't act.&nbsp;Since then, the company has raised a lot of money, seemingly mitigating this risk. Considering all the negative press it received last time, it's fair to wonder if Robinhood would restrict the buying of GameStop stock again. If it doesn't, it will be interesting to watch just how high GameStop stock can fly.\nFor me, I'll be watching with interest. But I'm not a GameStop stock buyer today. When I invest, I'm looking for strong companies with long runways for growth. GameStop doesn't fit that description for me.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why GameStop Stock Just Exploded Higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why GameStop Stock Just Exploded Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 13:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/02/24/heres-why-gamestop-stock-just-exploded-higher/>Motley Fool </a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nEveryone is gearing up for short squeeze 2.0.\nWhat happened\nShares of GameStop were trading moderately higher on Wednesday until about 1 p.m. EST, when they started gaining a little momentum. Then, ...\n\n<a href=\"https://www.fool.com/investing/2021/02/24/heres-why-gamestop-stock-just-exploded-higher/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/02/24/heres-why-gamestop-stock-just-exploded-higher/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162365074","content_text":"Everyone is gearing up for short squeeze 2.0.\nWhat happened\nShares of GameStop were trading moderately higher on Wednesday until about 1 p.m. EST, when they started gaining a little momentum. Then, seemingly out of nowhere, the stock absolutely exploded higher. Trading was halted several times as it rapidly climbed to finish 104% higher for the day. And it's still climbing after hours.\nSo what\nEarlier this year, GameStop stock had an epic short squeeze, orchestrated by a group on Reddit called Wallstreetbets. This group noticed that short interest for GameStop stock was over 100%. With a clever combination of buying common shares and call options (called a gamma squeeze), the group was able to cause the price per share to go up, forcing many short-sellers to close their positions for massive losses.\nWhen the dust from the short squeeze settled, short interest for GameStop stock plummeted. Only about 40% of the float was shorted as of Jan. 29. More recent data isn't available yet to know what it is exactly today. But the decline in short interest appeared to mark the end of the GameStop saga. The stock fell roughly 90% from peak highs.\nExcept, apparently, everyone simply regrouped for round two.\nTraders were out in full force late this afternoon, bidding GameStop stock back up. To be clear, 40% short interest is still significant enough to spark a mini short squeeze. However, it's possible shorts decided to short GameStop again, thinking it was all over. After all, the stock was still trading more than 10 times where it traded before all of this began. If short interest has increased any since Jan. 29, then this could be a wild ride yet again.\nNow what\nLast time, many GameStop bulls felt cheated because of the trading restrictions Robinhood and other brokerages put on the stock. In a recent interview with Dave Portnoy, Robinhood's CEO said it moved to restrict trading because it feared an impending liquidity issue if it didn't act. Since then, the company has raised a lot of money, seemingly mitigating this risk. Considering all the negative press it received last time, it's fair to wonder if Robinhood would restrict the buying of GameStop stock again. If it doesn't, it will be interesting to watch just how high GameStop stock can fly.\nFor me, I'll be watching with interest. But I'm not a GameStop stock buyer today. When I invest, I'm looking for strong companies with long runways for growth. GameStop doesn't fit that description for me.","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["AMC","GME"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":283,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":3659996,"commentId":"3659996","gmtCreate":1614248357734,"gmtModify":1680778287621,"authorId":3560736841816623,"author":{"id":3560736841816623,"idStr":"3560736841816623","authorId":3560736841816623,"name":"李育儒","avatar":"https://static.tigerbbs.com/f2c196ab620e62eba6f9dfcbc9464a6d","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.05.15","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":361565931,"objectIdStr":"361565931","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Hedge funds did covered.\n \n But it is new short cover old short, t the same stock can be borrowed multiple times.\n \n It is like using your $5000 paycheck to make $20k loans from 10 banks.","text":"Hedge funds did covered.\n \n But it is new short cover old short, t the same stock can be borrowed multiple times.\n \n It is like using your $5000 paycheck to make $20k loans from 10 banks.","html":"Hedge funds did covered.\n \n But it is new short cover old short, t the same stock can be borrowed multiple times.\n \n It is like using your $5000 paycheck to make $20k loans from 10 banks.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/361565931"}