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Out of context: Reply #307

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  • NBQ002

    GME: Are there really still hedgefunds that still have any short positions left to cover?

    Do the WSB guys really think this stock will go up forever? Seems to me there‘s gonna be a lot of bagholders and tears once this is back to $20-30 levels.

    • No loses if you don't sell.
      Diamond hands.
      To the moon!
      palimpsest
    • Yeah you could just leave the $$ forever in a stock and become a bagholder once it falls to the ground. There‘s also no guarantee that GME can turn things...NBQ00
    • ...around in the future and may become the next Blockbuster. Who knows.NBQ00
    • I think the issue is that for some it's impossible to conceive that some are not motivated by money.palimpsest
    • Even after losing it all some will be left with a big fat grin.palimpsest
    • <— this is what I think. Lots of smaller “investors” just want to be able to have a fun story to talk about. A bunch of idiots WILL lose big $$ thoughhardhat
    • Let me explain how a smooth brain works:
      If you invest 1k then it goes to 1M then to 0 you haven't lost 1M, you've only lost 1k.
      palimpsest
    • They don't stand a chance against these apes.palimpsest
    • lolNBQ00
    • I don't think they care. This is being fuel by people who have already lost everything through Covid, not seen a $ in support from gov.shapesalad
    • and have hence jumped into this GameStop to essentially stick a finger up at wall street for being bailed out, and to fuck up the system.shapesalad
    • Also they may be fond of GameStop.shapesalad
    • Well in any case, I think this story is coming to an end ... GME has already lost 28.5% today. Looks like it's starting to crater.Continuity
    • Just a bunch of nihilists and anarchists who dont mind losing a few hundred bucks for the lolz . That’s all._niko
    • few hundred bucks, lol. Do you really think that's what all of them put in? There are ppl there with over $50K, over $100K, some even over $200K-1M investedNBQ00
    • sure maybe a handful that can afford to lose it and a handfull that can't but the majority prob 95% id say is small peanut traders_niko
    • free $600 stimulus checks have turned everyone and their dog into an "investor"Krassy
    • ^ that's got to be the most ridiculous narrative I've heard in all of this. Like just because you gave people the value of a iphone SE, they all feel flush now.monNom
    • Like these people didn't have $600 to spare before, and now that they have it, rather than buying food or something, they bet it all in a margin account.monNom
    • It's dum dum logic. And a diversion from the truth: that a lot of people actually hate the hedgies and their corrupting influence. Can't talk about that though.monNom
    • To clarify, I know you didn't come up with that on your own. It's one of the storylines that's attempting to explain this thing, but doesn't pass the smell testmonNom
    • IE: why now? $600 stimulus checks went out a long time ago. If people did get into learning to trade, that money is LONG GONE.monNom
    • //rantmonNom

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