Buggy Loop
Member
Hey fellow bag holders?
(i cannot for the life of me just isolate the video about american psycho card exchange, i don't care about S3 research thing)
I'm personally holding at this point, i mean, at ~70% loss, why not see things through the end. If it crashes down further, i'll buy more shares to lower the average. I still do think that GameStop has a ~80$ to 100$ company in coming years, might not go "green", but it would lower my losses. This money was not something i needed anytime soon so.
There a few things that still give me doubt all cards are played, as the TradeSmith Daily article i posted earlier. I have a really hard time imagining Citadel blowing 2.75B$ on Melvin in the early bailout to just "pull out". These aren't the "pull out" type of persons, does pulling out sound very Wall Street billionaire with a background of illegal short practices to you? If in the end, history shows that they did pull out, i'll be flabbergasted.
I'm also very doubtful that other HF did not smell blood in the water and are not acting behind the scenes to bring down a competitor that is in a bad position. This is Wall Street, they'll backstab each others if they can. There's also a post on r/investing that is very informative about what kind of games can be played here. A competitor HF against shorts, as explained much better by that person than me, can find a sweet spot where the shorts are not comfortable to exit position, but low enough to be able to buy the share at low values, it's literally in their interest to accelerate this process and do a short ladder attack to lower prices, even if they are not on the short side. It lowers the short's position at a lower price, and also lowers the price for the trigger to squeeze. Even if it's not happening, it's a fascinating read on some good principles of capital flow, liquid float and volatility leverage.
If nothing happens to my favor, then i'll hand over my shares to my grandchildren like this grandmother did. At this point, the shock of it all is mostly over.
(i cannot for the life of me just isolate the video about american psycho card exchange, i don't care about S3 research thing)
I'm personally holding at this point, i mean, at ~70% loss, why not see things through the end. If it crashes down further, i'll buy more shares to lower the average. I still do think that GameStop has a ~80$ to 100$ company in coming years, might not go "green", but it would lower my losses. This money was not something i needed anytime soon so.
There a few things that still give me doubt all cards are played, as the TradeSmith Daily article i posted earlier. I have a really hard time imagining Citadel blowing 2.75B$ on Melvin in the early bailout to just "pull out". These aren't the "pull out" type of persons, does pulling out sound very Wall Street billionaire with a background of illegal short practices to you? If in the end, history shows that they did pull out, i'll be flabbergasted.
I'm also very doubtful that other HF did not smell blood in the water and are not acting behind the scenes to bring down a competitor that is in a bad position. This is Wall Street, they'll backstab each others if they can. There's also a post on r/investing that is very informative about what kind of games can be played here. A competitor HF against shorts, as explained much better by that person than me, can find a sweet spot where the shorts are not comfortable to exit position, but low enough to be able to buy the share at low values, it's literally in their interest to accelerate this process and do a short ladder attack to lower prices, even if they are not on the short side. It lowers the short's position at a lower price, and also lowers the price for the trigger to squeeze. Even if it's not happening, it's a fascinating read on some good principles of capital flow, liquid float and volatility leverage.
If nothing happens to my favor, then i'll hand over my shares to my grandchildren like this grandmother did. At this point, the shock of it all is mostly over.
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