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superpatriotman

(6,873 posts)

3. It's not a pump and dump

Reply to flamin lib (Original post)

Sun Jan 31, 2021, 10:04 PM

Jan 2021

It’s a huge buy against naked short selling.

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About the Reddit traders and Game Stop. [View all] flamin lib Jan 2021 OP

I don't know much about the stock market, Mr.Bill Jan 2021 #1

Yeah, what you just said. nt flamin lib Jan 2021 #10

I don't want to see the Hedge Funds protected in at all. They are vultures. Demsrule86 Jan 2021 #26

I don't either. Mr.Bill Jan 2021 #27

They did not artificially drive up the price to sell it jorgevlorgan Jan 2021 #2

Uh, no. Some have already sold at a huge profit. flamin lib Jan 2021 #5

Um no. "some" is not a collective action jorgevlorgan Jan 2021 #9

However jorgevlorgan Jan 2021 #15

You're in over your head Drahthaardogs Feb 2021 #31

This message was self-deleted by its author flamin lib Jan 2021 #8

It's not a pump and dump superpatriotman Jan 2021 #3

By all appearances it is. flamin lib Jan 2021 #12

Almost no one here has any sympathy for the Hedge Funds folk...and that is true on righty sites too. Demsrule86 Jan 2021 #25

As with some animal abuse stories, and sports stories The Mouth Feb 2021 #37

I agree. They are bottom feeders and give nothing back . Demsrule86 Feb 2021 #38

Agreed Dem2 Jan 2021 #13

They bought to Expose the Short Hedgers and Hedge funds are like dine and dashers anyways RANDYWILDMAN Jan 2021 #4

Thanks, that's a good response. nt flamin lib Jan 2021 #6

I've never liked the idea of futures, so k&r. BootinUp Jan 2021 #7

it isn't a pump and dump, though ... it was a pretty reasonable move against overreaching shorters fishwax Jan 2021 #11

Sorry to disagree. flamin lib Jan 2021 #16

The stock was at about $3-5 dollars when this started back in 2019 fishwax Jan 2021 #22

Thank you for your intelligent review of the possibilities of Game Stop's future. flamin lib Feb 2021 #29

They manipulate it into bankruptcy Drahthaardogs Feb 2021 #32

I'm sorry, but the decision to short and the decision to buy aren't remotely comparable fishwax Feb 2021 #35

People still play games and there is a market for it... but here is the thing who appointed fucking Demsrule86 Jan 2021 #24

Sorry, but you don't understand this issue at all... PoliticAverse Jan 2021 #14

Thanks for you're valuable insight. nt flamin lib Feb 2021 #30

I'm cheering for David PersianStar Jan 2021 #17

It's not pump and dump. It's similar in some ways but quite the opposite in others. RockRaven Jan 2021 #18

Thank you for this overview of the Game Stop scenario. flamin lib Feb 2021 #33

No! That's NOT what happened! Drahthaardogs Jan 2021 #19

+100000 Demsrule86 Jan 2021 #21

"Nasty little secret is if you short massively more than the float " this is the uponit7771 Feb 2021 #28

I wish I could rec your post. n/t Coventina Feb 2021 #34

What Hedge Funds do is not right...they deserve it. Demsrule86 Jan 2021 #20

But that's not what happened, and now Robinhood has instituted unique regulations to punish MerryBlooms Jan 2021 #23

Robinhood didn't have a choice in the matter Massacure Feb 2021 #36