Something I want to make clear, I made this video when they had about 1 million members, they now have almost 9 million members and have completely changed their moderation team. The group has grown almost nine times its original size. I do not recognize it anymore. I do not recognize the group that at one point, recommended that I take a good look at securities that had potential like ICLN prior to the election. It now is a group of people, screaming about one stock, in this diamond hands never sell ever ever ever way... that is insane to me. in this video, I mentioned that I do not always agree with them on everything. but I feel the need to say at this point in time, that this is not the group that I remember going to anymore. I don't think any group can grow it's size 900% in a week and retain it's initial characteristics. this appears to be a shell of its former self.
@rinneganofrage72063 жыл бұрын
Thank you Louis Rossmann, For your Honesty and Transparency, Its the Highest Quality of your channel
@nickstone11673 жыл бұрын
Ah, the result of going "popular" or "mainstream": the original spirit and/or character changes, and not always for the better.
@maximjamir90083 жыл бұрын
@Ramon Jack instablaster ;)
@maximjamir90083 жыл бұрын
@Ramon Jack You are welcome :D
@eben72482 жыл бұрын
Looking back, I don't think the sub just 'changed' in the innocent way that you are implying. I think they got excited when they gained wide support and realised that even if GME was a meme stock amounting to a Ponzi scheme, as long as they got in early, they could be the scammers. DFV and every other person who got in early absolutely knew what they were doing when they deleted posts about GME losses, or posts criticising the sub, and the only reason it 'appears to be a shell of its former self' is because its original self decided to turn itself into a scam site. I appreciate your comment, but in retrospect I think you gave a little too much charitability to the 'OG' WSB.
@johnnystene83393 жыл бұрын
You could say they're trying to... controlthenarrative
@Orange-sv5my3 жыл бұрын
GUH
@Menaceblue33 жыл бұрын
No.... the mainstream media tries its hardest to tell the truth and be completely neutral!
@edgytarian33323 жыл бұрын
It litterally cannot go tits up.
@janetpelletier12383 жыл бұрын
I always look at like 6 year old playing a game - the dominant one steers others with new rules (made up on the spot) to win the game.
@TheDarkhorse2283 жыл бұрын
GUH
@masonseymour24553 жыл бұрын
When Wall Street does it, it’s ok. When normal people do it, it’s market manipulation
@MrSkeltal2683 жыл бұрын
You’ve hit the nail on the head, truly. Put on a suit and dole out financial advice and you can be “legitimate” too.
@ristekostadinov28203 жыл бұрын
the 1997 asian crisis was literaly made by speculators, i don't think those speculators were retail traders with grandma's money or Wendy's paycheck
@creatineaddict3 жыл бұрын
Sounds kinda like when politicians evade taxes and steal and launder tons of money
@DM-qm5sc3 жыл бұрын
Same when senators do it vs someone like Martha Stewart
@Fists913 жыл бұрын
If we allow average individuals in cooperation to have power over incorporated entities that's basically communism, and that's illegal.
@GermanTopGameTV3 жыл бұрын
15:50 "A person that works all day has no time to make money" holds very true here. If you are at a job 8 hours a day, you are preoccupied by your job. If you sit around all day you get creative - or bored to the point where such a activity is no longe mindnumbing to you
@DEVUNK883 жыл бұрын
hedgefund managers getting played at their own game OH NO THAT SUCKS
@homierdawg3 жыл бұрын
OH NOO Anyways....
@44tharia463 жыл бұрын
wont somebody think of the billionaires??
@DEVUNK883 жыл бұрын
@@44tharia46 oh no my billionarinos
@_b0013 жыл бұрын
Well #learntocode is still a thing
@Caydiem3 жыл бұрын
Anyone want some popcorn? I've got some popcorn: 🍿🍿🍿🍿
@Alfonso-rs2du3 жыл бұрын
The media portraying investors with billions as poor little victims is hilarious
@14bebop143 жыл бұрын
'These people are psychopaths!'
@Whickerx73 жыл бұрын
Just change investors with billions to billionaires and you would be right.
@CattyRayheart3 жыл бұрын
it's more sad and depressing.
@tylerhopkins50293 жыл бұрын
They are their mouthpiece, no surprise.
@opium38433 жыл бұрын
"Oy vey dees poor poor investahs" ;--;
@The.Doctor.Venkman3 жыл бұрын
"She sold short shares on the seashore....."
@LesleyMVA3 жыл бұрын
I just chortled so hard 😂😂😂
@anthonyreid72213 жыл бұрын
Sally seemingly sold short shares on the seashore
@jimdavis68243 жыл бұрын
Thanks again for your insights. After spending several years in the industry, and being fully aware that doing the opposite of what the neophytes are doing, will always keep me financially sound. There is a great old expression on Wall St. " bulls and bears will always get fed, pigs will always get slaughtered." Most funds have specific parameters they follow (if they are disciplined). When I had clients, my rule was the stock goes against us 8%, I don't care if it goes $2000000 the next day I bought it wrong. We sell the stock, lick our wounds and move on. Understanding your thoughts and being in agreement with 96% of those thoughts is why I am adding this for your viewers. They short the stock, they're borrowing shares which they're going to have to pay money is fees or interest on that amount of shares that they borrowed. Now the situation arises where these guys get together on these platforms and do what they're going to do, so now they're buying the stock. Now there's three sets of shares in a sense that can also be borrowed and sold short. Adding fuel to the fire. First of all this is definitely signaling guy Market top this will be the third major major correction that I've been involved .I mean major correction like 08, 2000 and 87.That said, an Institutional Trader, meaning somebody that works for Fido, Vanguard, Etc. These people get fired for a being that negligent. In the case of the hedge fund managers. if I know myself if I had money with hedge fund manager and the losses at the end of the year if you know made it where instead of me making 20% I only made 6%, I I pull my money out of the account saying this guy's a cowboy, Renegade, or flat-out, a gambler. I watch this game stop Trade I watched AMC trade. I was watching dozens of two three four hundred thousand chair tranzactions going by the time I had seen a few million million and a half share transactions go by. This is when Gamestop was you know, like three hundred bucks. Do the math. These guys are buying that much, that many options, the market makers the Brokers, they have got to go out and purchase at stock. By the way, the love the fact that you you can make fun of yourself. Yeah you're a jackass, like I'm Alex karp. keep doing what you're doing by the way you speak well. Much success. JD
@jacobcurtis68493 жыл бұрын
The elite doesn't like when they get played at their own game
@Tallonest3 жыл бұрын
Worthless fucks, they can only win by cheating and changing the rules. Then the ego gets to their head and they think they’re actually better than everyone else
@htfcm3 жыл бұрын
Who are these elite I keep hearing about? Nobody ever names names, I just always here little taglines like elites, New World order, globalist etc.
@dontlookspins3 жыл бұрын
htfcm financial elite aka the ruling class
@SHUJINCELL3 жыл бұрын
The devil work over there at Apple.
@htfcm3 жыл бұрын
@@SHUJINCELL you still hang out with Moses?
@thejakyl13693 жыл бұрын
When normies do what the elites do, expect the elites to do whatever it takes to stop them.
@johnjohnsonson54733 жыл бұрын
This is the thing right here. The game is rigged. The big money banks have politicians in their pocket. This won't end well because the hedges will use their connections to get the politicians to save them. To which the politicians will because they enjoy getting kickbacks and campaign donations.
@thejakyl13693 жыл бұрын
@@Fx_-Actually you have no clue wtf you are talking about. "A person who keeps up with mainstream media, and does what popular culture tells them to do. Or in general is into trendy garbage." - Urban Dictionary "A normal person; one with commonly held beliefs, tastes or interests." - Wikipedia
@noneofurbusiness75013 жыл бұрын
right
@MediocreFilms3 жыл бұрын
You explained everything so beautifully and clearly except *the gloves*.
@Eulogy4663 жыл бұрын
You are fifty plus making prank call videos. Please go do something of value. Like manipulate the market
@KyoKyoM993 жыл бұрын
@@Eulogy466 dude, not cool. chill out.
@SOLIDSNAKE.3 жыл бұрын
If the gloves is what your worried about go rethink your life this weekend smh simple ass panzys
@IQuickscopeCA3 жыл бұрын
@@Eulogy466 fuckin savage
@tassinmonkeys3 жыл бұрын
@@Eulogy466 ha ha ha, good one
@joeyboikly3 жыл бұрын
“Institutional” I can’t get that word outta my head. What a corrupt “institution”
@dfshjb443 жыл бұрын
Funny how they kept halting all morning while the price is rocketing and claim it's due to "volatility" but when the price tanks almost $100 there's no halt.
@acsiata3 жыл бұрын
This is why you put your sell orders on limit right after you buy the stock. If i buy at 10$ and plan to sell at 100$, right after i buy, i place my limit order to sell at 100$. It doesn't matter if there is a halt, if brokers login crash do to high user volume etc. If it stay's at 100$ for 0.2 seconds. I get filled at 100$ ( free stock tip)
@vincentchirico25313 жыл бұрын
Set your limit price to 420.69 so even if its there for just a millisecond you get it
@bufordmaddogtannen3 жыл бұрын
@@acsiata except when the order does not get filled because nobody is buying.
@user-ff8sp3xl3c3 жыл бұрын
@@bufordmaddogtannen they are forced to buy at any price...that's what a short squeeze is.
@bufordmaddogtannen3 жыл бұрын
@@user-ff8sp3xl3c in a context of a short squeeze yes. When going long saying something along the lines of "set the sell price you want immediately after buying the stocks, and badabing, guaranteed money" it's no guarantee of anything.
@KingBobXVI3 жыл бұрын
One thing that's still a bit inaccurate here - the attention on GME didn't actually start with "hey, this is way over shorted, let's fuck with the greedy hedge funds". It actually just started with a guy who was really into gaming speculating on the future of gamestop after they acquired new management and changed their business strategy. Like, they're actually changing how they operate to become more of a space to play games than just a retailer, borrowing from the success of gaming cafes and the like, as well as moving into physical games like board/tabletop/card games. As I understand it, they want to become the new "Local Game Store". _That's_ what started this - a guy did some research, posted it online along with his _very long_ term options calls that he dumped his life savings into, some called him a retard for a couple months while some actually looked into his research and agreed and bought in, those modest increases made for large gains on his calls, he doubled down, it turned into a meme, people started buying, the hedges started freaking out, and _then_ the fact it was shorted at 130% of its market cap became widely realized and people started tripling down just to spite the hedge funds as they started to blatantly manipulate the price to save their asses. Just wanted to point this out because even framing it as "a bunch of kids called out greedy hedge funds for being shitty" is still a favorable interpretation for the hedge funds. It started as someone literally doing what they always tell you you're supposed to do - stick to businesses you know, do your own market research, and make informed decisions. What spooked the institutional investors is that this generally bullshit advice finally actually worked for someone who wasn't already "in the club".
@samuelm51403 жыл бұрын
DFV
@hc53133 жыл бұрын
Why is that advice generally bullshit? "Don't invest in stuff or industries you know nothing about" and "Don't get tilted" sound like good common sense advice.
@Francisco-Danconia3 жыл бұрын
Thanks for posting this. It's been frustrating the facts that are left out
@yessum153 жыл бұрын
Excellent post. Significantly better than the original video. However I think someone should mention that the backlash against WallStreetBets isn't just "hating" on the independent speculator, or some kind of generational vendetta. Rather, that suspicious price activity like this is exactly what the SEC looks for when investigating potentially illegal collusion to manipulate the market. Rossman thinks that the only way this activity is illegal is if it is coerced. But voluntary collusion would still amount to illegal market manipulation even if it is done by a larger group of smaller speculators.
@irok13 жыл бұрын
Saved, thanks
@RetroMaticGamer3 жыл бұрын
4 years of Trump: "He says mainstream media can't be trusted, what a LIAR!" 4 days of GME: "Mainstream media can't be trusted, what SHILLS!"
@86400SecondsToLive3 жыл бұрын
Assuming everything they say is a lie is just as stupid as assuming everything they say is the truth. You may choose what kind of idiot you want to be.
@davidwuhrer67043 жыл бұрын
@@86400SecondsToLive Everything you read in newspapers is absolutely true, except for that rare story of which you happen to have first-hand knowledge. - Erwin Knoll
@xAlphaNeonx3 жыл бұрын
He's like an intelligent Joe from Impractical Jokers
@_incogni_3 жыл бұрын
Cant unsee this now 😅
@Wdfdude3 жыл бұрын
This is exactly what I was trying to find
@osvaldomorinigo3 жыл бұрын
69 likes, nice
@JAHIDxJD3 жыл бұрын
Always thought this too
@Yaboyzerve3 жыл бұрын
If hedge funds are short on a stock, it is immoral to go long and hold onto your position (in their own words). The hypocrisy should be appalling. These guys dont feel bad about the families of people working at the companies they are shorting into the ground; they're only upset because now its happening to them.
@Yellow.18443 жыл бұрын
on God these scumbags cause financial crisis and still make money while doing it but a few people in entry level job and students cause this mess ? b please 😂
@zakofrx3 жыл бұрын
Investing into companies that make things and hire people so that they can be successful is Somthing I have done.. But I can't stand people destroying companies profit...
@jeffshackleford31523 жыл бұрын
I am okay with them short selling companies because that creates situations like this. To be fair I am long GME currently.
@Viper4ever053 жыл бұрын
Shorting a company doesn't affect the operations of a business. A company's shares represent ownership in the business and that ownership is traded on an exchange. Trading shares on an exchange has absolutely no effect on a companies revenues or profitability. The only ones who got hurt during the short squeeze are the ones who shorted gamestop most likely banks, hedge funds, or professional traders. It's funny because the professionals got burned lol
@jacoblawson52433 жыл бұрын
Hedge funds caused the death of millions why you supporting them? Their family can eat s h i t.
@mikeselectricstuff3 жыл бұрын
Much better explanation of this than the finance YTers I've watched.
@bobfg31303 жыл бұрын
It has inaccuracies like the one where he said the worse thing that can happen is that you lose your initial investment. If you have stock you might have to pay a part of the debt that wasn't covered by the assets of the company.
@johnathandoe69163 жыл бұрын
Gotta be pretty dumb not to get this
@teodjuyg563 жыл бұрын
@@bobfg3130 no you don't, that's only if you have margins turned on
@kimaginary4s3 жыл бұрын
@@djle47 they can keep their short positions open as long as they have enough collateral to not get margin called. a lot of institutions have outstanding short positions for years. if they get margin called, they can just keep finding more money (through debt or equity) to keep their collateral afloat
@cheezmonta3 жыл бұрын
@@bobfg3130 Owning common shares does not carry debt liability. You would simply lose your initial investment. This is about Options Trading. The more you learn about options, the more you can't understand how it's legal. It is literally trading contracted shares with leveraged money you don't have and pocketing the difference. It's also how millionaires can go bankrupt overnight.
@tassinmonkeys3 жыл бұрын
Little guy sticking it to the man! Fantastic thing to see unfold!
@SteinGauslaaStrindhaug3 жыл бұрын
Shorting at over 100% could not possibly be legal, could it?
@orbitalslingshot22063 жыл бұрын
*It's not about the money.. it's about sending a message.*
@AaronBowley3 жыл бұрын
Exactly I made a shit ton already but if it goes to zero that’s fine too I don’t care
@AaronBowley3 жыл бұрын
Ideally I pull out at the perfect time lol
@kxrnxtxn19113 жыл бұрын
they are done, its gonna be over 200 tomorrow
@Razaiel3 жыл бұрын
You get what you fu@#!ng deserve!
@Ryousure3 жыл бұрын
@@kxrnxtxn1911 it 209 right now
@justinsnider97723 жыл бұрын
This is hilarious. Institutions have been manipulating the markets for years to make a fortune at the expense of retail plebes. Now they are mad when there is one instance of it happening to them? I don’t have any gme, but I hope it keeps going up long enough to make them give up and cover their shorts and get rekt.
@FVBmovies3 жыл бұрын
Dude, Citron needed bailout and it got one and they keep going instead of cutting loses!! And you wonder how 2008 crisis could happen? Imagine betting on short bets, basically, you bet on a bet bet.
@DarrellVermilion3 жыл бұрын
@@FVBmovies I'll see your bet bet and raise you as much as you'll let me!
@wecnmlwiefmwwwwvfr54923 жыл бұрын
@@FVBmovies Yep sadly the powerful people will get all the bailouts they need even if the government has to float them a 1% interest loan for a decade.
@ensoniq2k3 жыл бұрын
@Dem Stinkies how about we see them get rect and then GME can go back to being shitty again
@niteriderevo91793 жыл бұрын
that over 100% short-selling is actually illegal, called "naked shorting"
@roxxlol883 жыл бұрын
this
@davidwuhrer67043 жыл бұрын
I guess the penalty is substantially less than the profit?
@alexfrank53313 жыл бұрын
The things that Americans choose to protest/riot over, but completely ignore stuff like this...
@thedonjj86293 жыл бұрын
This is the best “Explain like I’m 5” I’ve seen. A lot more people need to see this!
@billymanilli3 жыл бұрын
COULDN'T AGREE MORE!!!!
@kevinklien903 жыл бұрын
Haha, so true
@newton20133 жыл бұрын
Groucho Marx - 'A child of five could understand this. Send someone to fetch a child of five.'
@Travisrogers873 жыл бұрын
Idk. He kinda skipped over describing what “margin” was without much elementary detail. As a 5 year old, that didn’t help me much
@FEMBT-yb8rh3 жыл бұрын
*What is more important is that the little people class-action into jail ALL exchanges, institutional investors, and government agencies that collude to censor and attack the little investor for RESISTING big thief market manipulation.*
@huuphu173 жыл бұрын
They got too greedy, now they have to pay the greed tax.
@izzylandyt3 жыл бұрын
Greed tax....I like it
@lifewithchicago52823 жыл бұрын
Greed tax paid with greed money so what
@lifewithchicago52823 жыл бұрын
The pun of the story is those that aren't educated that they will pay capital
@kryrimstercat3 жыл бұрын
Well well well, if it isn't the consequences of my own actions
@soyouknow82073 жыл бұрын
Biggest sins are greed and fear
@ryanmckay61523 жыл бұрын
This is probably the most entertaining and well-described video explaining this hilarious incident. Subscribed and I can't wait to see what other content you have to offer.
@vemon1173 жыл бұрын
The wolf of reddit is gonna be a movie about this event I bet 20 years it will release haha
@xiong20033 жыл бұрын
Won't be that long. Movie + book already greenlit.
@jonathanrocha7793 жыл бұрын
Joke that made me die on WSB: I'm not selling until my wife's boyfriend tells me to and let's just say we are not on speaking terms.🤣🤣🤣
@tbex6133 жыл бұрын
🤣😂 Awesome! It's a modern spin on "Till the fat lady sings."
@Wenzel3683 жыл бұрын
"I don't mind a little ketchup on my hotdog if the bun is tight." The bun is quite tight.
@PalCan3 жыл бұрын
Ya gay bear
@KayInMaine3 жыл бұрын
I love this one: "My mom said I should sell my GME shares. Should I get a new mom?" (all the answers were: YES YOU SHOULD). LOL
@adamcramm3 жыл бұрын
The best one is “we just have to be retarded longer than they can be solvent”
@sinception50343 жыл бұрын
"It's not about the money, it's about sending a message"
@KD-bk7gd3 жыл бұрын
That is why we will win. Money isn’t my God. They’ve taken it all from me before and I can lose it all again. I’m taking these stocks to the moon!
@sinception50343 жыл бұрын
@@KD-bk7gd If we want to truely take back the market then we need to go after larger buisnesses without needing them to take a risk on an individual stock like GameStop
@KD-bk7gd3 жыл бұрын
@@sinception5034 agreed. This is one battle at the beginning of a larger war.
@OMGAnotherday3 жыл бұрын
✌️👍🏼✊🏼🌅
@meankronen82173 жыл бұрын
@@KD-bk7gd Bruh... i am so sorry for your lack of knowledge about stocks. I feel sorry for you but my dude you are not going to the moon... you are going inside the ground when this stock crashes.
@Glue_Huffer3 жыл бұрын
This is such a great explanation. These are terms I’ve always heard, but didn’t fully understand. Subbed
@virtualdad40973 жыл бұрын
What really made this go out of control was that the institutional investors had to compete with each other to buy less stock than they needed to buy. What wallstreetbets did was just give it a nudge upwards. The rest was the hedge funds running to cover their own butts.
@Ge0Sway3 жыл бұрын
The dudes at the big boy table are mad some sewer goblins with a gambling addiction are pissing in their champagne
@josefranciscoaraya7043 жыл бұрын
Time to shit on their plate
@cwasson683 жыл бұрын
This is the way
@kasremeeus49043 жыл бұрын
@Inthe Flow You guys.... My good man, help us out and yolo into $BB. Maybe even $GME, the battle is not over.
@bruhmoment18353 жыл бұрын
@@kasremeeus4904 hell nah. It's a stock, and we know what stocks do 🚀🚀🚀🚀🚀🚀
@kasremeeus49043 жыл бұрын
@@bruhmoment1835 I'm currently 2k into $BB it better go to fucking Neptune 🚀🚀🚀🚀
@DarrellVermilion3 жыл бұрын
Hedge funds: *WE CAN'T **_BELIEVE_** YOU LET US LET YOU DO THIS*
@FVBmovies3 жыл бұрын
Underrated comment.
@Chiszle3 жыл бұрын
Ah how a KZfaq comment can really hit the spot.
@wolfman96423 жыл бұрын
Hacker 4chan has done it again lads!!! Holy shit!!!
@DrZiggyzoo13 жыл бұрын
It's like the same thing of the housing crash in 2008, but is only screwing the hedge fund managers this time.
@johng.17033 жыл бұрын
they are only claiming one side of the equation, that people buying the stocks and driving the price of the share price up. what they are not talking about is the short selling to drive the price of the stock down. and the problem these big wall street hedge fund managers are having is that they are way way way over extended and borrowed way more than the total stock, and people have bought real stock and are hanging on to it, meaning that they can't get out while the price is going up and up as there isn't the stock to buy to cover the short sell, so every share that comes up for sale is being bought to cover the short, and as brokers really don't want an infinite debt, they are buying at whatever price they can get it at. when there is over 100% short sell and people sit on the stock waiting for the price to go up, the short sellers can't buy that stock to get out, all they can do it sit back and watch the price go up and up and hope that someone sells their stock to their buy order, and as other short sellers are sticking in higher and higher buy orders, they need to up the amount they will pay for the stock to try and limit their losses.
@Tyhros3 жыл бұрын
Their Niche has 'successfully' been invaded and they raging.
@baneblade__3 жыл бұрын
A guy on MSNBC deadass said "Executives are people, they have feelings."
@mikedeeb95803 жыл бұрын
Lmao do u got a link
@_b0013 жыл бұрын
It's about time they #learntocode they can find another job
@mikedeeb95803 жыл бұрын
Nm found it. kzfaq.info/get/bejne/l8B4h9Bhs5udgpc.html
@aeronnecoronel28023 жыл бұрын
If Greed and Selfishness are Feelings, yes, they have too much feelings.
@misanthropicservitorofmars21163 жыл бұрын
Regular people have feelings, and they are feeling anger.
@nurdyoga82283 жыл бұрын
The greed and awareness goes even deeper. I'll explain I was part of the early wave of analysts that checked out gamestop in october and realized the massive short imbalance against a not-bad company could be profitable. We bought up hundreds of thousands of shares of stock in october hoping to sit on them but also drive the price up a little, maybe a few cents. But then an interesting thing happened. Just as we bought up our shares, hours later, a massive number of "put" options were purchased against us. "Put" options are a type of financial instrument that is similar to shorting, it lets you profit off of downward moves and also drives the price down. It also caps losses. It's essentially shorting but with a few protections in it. Anyway. These "put" options flooded the market and counterbalanced our share buying within hours of us buying. Someone out there with LOTS of money was ACTIVELY monitoring and FIGHTING us. They did not want the stock to go up. So it's not like they just accidentally went too far with their shorting, they KNEW exactly how far they went, but they believed they were so powerful they could fight anyone trying to buy the stock by countering them with put-options. But we kept our shares, and we helped to spread the information of how imbalanced the shorts were. More and more buyers kept coming in. But the fighting continued. Whenever there was a price increase the was a subsequent massive order of "puts" to hammer the price back down. But things broke on january 13th. Finally all of our buying overpowered the puts and the price spiked 90% before the other side was able to cough up enough puts to reign it back in. At that point WSB joined in full force and brought their buying power to catapult the stock to what you see today. All this shorting isn't simply a case of just going too far, it's active manipulation of the price as evidenced by the put-buying to counteract all of our moves. But as you say, there are too many of us now with too much time to get fooled.
@dsnein3 жыл бұрын
Incredible
@danstat103 жыл бұрын
Wsb was in on this waaaay before Jan 13th. Which is why one of their members turned 53k into 13mil because he saw it back in 2019. Obviously wasn't a super popular move back then but over the last couple months has gained TONS of momentum.
@Djme23 жыл бұрын
@@danstat10 the mass hysteria started around then though lol. now every single person on wsb has 100% portfolio in gme
@Asuraai3 жыл бұрын
How much have you made so far? Apparently this rocket ain't stopping any time soon
@eyyop3 жыл бұрын
@@Asuraai about tree fiddy
@chiefschillaxn17813 жыл бұрын
I think it's called naked short selling and is illegal.
@keerthikitijaya-wardena67773 жыл бұрын
Yes, its illegal?
@austen95563 жыл бұрын
Me: *comes here to find out what’s happing to game stop* Me: well what the fucks happening in new York
@BarelySociable3 жыл бұрын
Louis a real ass dude good coverage
@ThatBlueFalcon3 жыл бұрын
Yes
@yungamurai3 жыл бұрын
Ayy fancy seeing you here! You onboard the $GME ship? 🚀🚀🚀
@imrebarten61153 жыл бұрын
Such a breath of fresh air after all this Wallstreet bullshit trying to push their victim narrative
@ohmyafy3 жыл бұрын
This is the way
@ohmyafy3 жыл бұрын
Btw love your channel my bro
@danielleonard32133 жыл бұрын
This dude needs to testify in front of congress and explain it just like this.
@lucasbendit75643 жыл бұрын
Congress will go “Hmm.. interesting...” and go into a back room and accept “campaign donations,” and nothing will change.
@lucyxu26183 жыл бұрын
I think Congress already knows, but if he does get a platform like testifying in front of congress, it has potential to even go more viral and his message would reach a wider audience and make a more informed public
@innocentorphan12133 жыл бұрын
All congress knows is that their family and friends all are losing money because of this.
@centsofhumor3 жыл бұрын
Don’t worry A.O.C. is on top of it.😂🤣
@jcrb88943 жыл бұрын
Congress will back the hedge funds
@smitra59013 жыл бұрын
Who doesn't like to see greedy millionaire-billionaire getting played at their own game. 🤣
@CyberPonz-nc3oh3 жыл бұрын
I'm not even watching, i'm just here to say: HOLD IT!!!🚀🚀🚀
@donaldspiers41603 жыл бұрын
💎🙌
@SOLIDSNAKE.3 жыл бұрын
Lol that's all I see on webull
@donaldspiers41603 жыл бұрын
💎🙌🚀🚀🚀🌝
@FFXIshibaa3 жыл бұрын
Hold the line
@JAIMEBEGOOD3 жыл бұрын
Hold it 👊🏽👊🏽👊🏽🚀🚀🚀
@TheHighborn3 жыл бұрын
Here is a comment from marketwatch: "I'm a professional Game Dev and I've been joking (and being serious) for years that once financial systems become accessible to common people, many of which have also grown up as gamers, this kind of advantage-taking of mechanics and systems was inevitable. Rest of the word, welcome to the gamer mentality of playing and abusing game mechanics. Now y'all can suffer in the real word what we as Designers have suffered to control in the virtual word for decades LOL. GG,GL,GF" This guy is more right then anybody will ever give him credit for
@MathGeekQ3 жыл бұрын
lol makes sense
@ReallyBadService3 жыл бұрын
Until they start lobbying to implement new game patches that screw over retail under the guise of help.
@sharpfang3 жыл бұрын
Seasoned casuals of a game watching a speedrunner and yelling 'Cheater!' when he guts the game open.
@richyrich2563 жыл бұрын
@jev thoughts?
@DjornNorthfield3 жыл бұрын
Gg, gl, gf. Lol.
@dabom883 жыл бұрын
Over-leveraged short sales: \*Costs hedge funds hundreds of millions of dollars* Mainstream media: "Why would r/WallStreetBets do this?"
@honchoryanc3 жыл бұрын
you get what you fucking deserve
@interstellarsurfer3 жыл бұрын
@@honchoryanc 🤡
@mnnicholas3043 жыл бұрын
*billions of dollars...just today alone 😂
@jincheng88723 жыл бұрын
Screw these people. They didn’t say crap in 2008 and our tax pay for that crap
@raultabelon31273 жыл бұрын
It's a beautiful thing.
@Kiyoshi_96063 жыл бұрын
Thanks Louis (and everyone) for buying a "few shares" to be part of the party.... Hope my options go up in value next week thanks to the pump up :D (or it plummets in value and puts go up in value, either way, February will be fun!)
@Nightfighter823 жыл бұрын
Leave it to the best independant Apple repairman to make the smarts well done videos of ANY KZfaqr or media personality. Well done.
@Dysphoricsmile3 жыл бұрын
*HOLY SHIT, THE STOCK, IT MAXXED OUT AT $469.420 TODAY, WE LITERALLY MADE A MEME STOCK!*
@highlander9183 жыл бұрын
Lmao
@KD-bk7gd3 жыл бұрын
Wait til next week
@ethanchristopher67093 жыл бұрын
Let's get those numbers up, those are rookie numbers
@KD-bk7gd3 жыл бұрын
@Mantelar but think about how many tanks and guillotines we can buy with their own money.
@domalexander42363 жыл бұрын
Nice
@mattb78453 жыл бұрын
Nothing like a good hunters becoming the hunted story.
@nathanfielure43053 жыл бұрын
They are not "good" hunters, there are options to buy insurance for risky trades like those. They failed to manage the risk. Those are not "hedge" funds, they are casino punters.
@leosciotti13893 жыл бұрын
*poachers
@Nerevar5me3 жыл бұрын
“So uhhh you gonna sell your shares or what?” (Love your prof pic Matt B)
@nathanfielure43053 жыл бұрын
@Anna Kehrlein Well my point is those so called hedge fund managers are amateurs who risked everything on one trade. They are not really hunters. The real hunters are the ones leaving the retailers holding the bag when they got out.
@xul50423 жыл бұрын
It’s that raptor scene in Jurassic Park, normies are the raptors and Wall Street is the hunter that gets wrecked.
@Leslie-rd6qx3 жыл бұрын
This is such a well explained videos . Thank you Louis. knew nothing about stock except buy when low , sell when high. Didn't know what shorting stock means. I enjoyed and learned so much. Not to mention your natural humor just make the whole video so entertaining. Wished you were my prof
@rohitchaoji Жыл бұрын
Institutional investors when they manipulate the market: "The market does not discriminate" Institutional investors when regular people do the same: "Noooooooo, you're not supposed to do that!"
@slopcrusher34823 жыл бұрын
“ no no no! Regular people can’t manipulate the stock market! That’s bad! Only we can manipulate the stock market for our gain!!”
@arthaiser3 жыл бұрын
haha stocks go brrr
@viperswhip3 жыл бұрын
There are 2.5 million of us on reddit, maybe 1 million of them invested in GME, there is no way it's us pushing the price to 350, it's hedge funds fighting each other.
@deathmetal65463 жыл бұрын
Down with Wallstreet 😇 to the moon Fido 🚀🦮🌝
@Chasearabbi3 жыл бұрын
@@viperswhip the general public outside of WSB is pushing too
@Messi-rw9ng3 жыл бұрын
Hehehe *stonks*
@nombrefalso3 жыл бұрын
Lesson for me: when you see an very powerful & rich person playing victim, he's totally responsible for what's complaining about.
@BassGoThump3 жыл бұрын
That’s everyone “playing” victim.
@LostOneOmega3 жыл бұрын
They borrowed shares when they were low, and regular people actually bought the shares while they were low. And the people who borrowed the shares have to pay the people that own them! I understand now! That's brilliant! Thanks for the information 😀👍🏿
@Spookyhoobster3 жыл бұрын
Literally couldn't find any relevant info on this topic for the last couple days, like I didn't even know short selling was involved. Not like I did a ton of digging, but it's amazing how useless news outlets are today. Thanks for another helpful video Louis.
@_b0013 жыл бұрын
Hedge fund managers can always learn to code.
@bblauter3 жыл бұрын
best context for this recycled quote 😄
@helenrodemeyer40803 жыл бұрын
Or go work for a solar company.
@OMGAnotherday3 жыл бұрын
😂👍🏼
@twincherry49583 жыл бұрын
Donald Trump's quote
@richardg10173 жыл бұрын
Hedge Funds: 🍆🍪😲 Wall Street Bets: 🥜🚀🌕👨🚀
@omarb1553 жыл бұрын
Conspiracy theory, Louis is really a mod at wallstreetbets and made millions of game stop, then bought commercial real estate in nyc and refuses to rent it.
@AmikaofMan3 жыл бұрын
Man, you actually killed it posting this on the 25th as the shorts hadn't really taken the hit just yet. When a stock has a short interest of 130% of ACTUAL STOCK then this TYPE OF SHORT SQUEEZE can REALLY HAPPEN :))). This post was actually before it BLEW UP. THE HIGH for the day and year was on the Thursday 28th at 10AM- 1PM EST. $$$$$$ 483.00 A SHARE $$$$$$ Yes people, you saw that correctly $483.00 a share from $2.57 A share on April 3, 2000. The shorts had their opportunity in APRIL to GET OUT but they didn't. That should be ON THEM ALONE. But that's WALLSTREET FOR YOU. they are not in it for you or the average investor. They are in it to win it
@jensemilhansen16023 жыл бұрын
Ye, it's not like they forgot where their billions were.
@ChipChapChop3 жыл бұрын
Webull user here. Holy crap was that a fun pre-market. I can just imagine all the suits pulling their hair out and punching their monitors. Serves them right. It's a dirty game. Not so funny now that the commoners have a go.
@bstarzmechanic76403 жыл бұрын
They can just close out the market and cancel their shorts like they did in 08
@ChipChapChop3 жыл бұрын
Yeah, I don't expect them to just roll over and take it.
@Godzillacock3 жыл бұрын
So Robinhood is actually facilitating modern day people to play robinhood in a small small way....❤ Edit: fuck robinhood entirely, market manipulation, part of the establishment, wont allow any true opportunity distribution. HOLD
@honkhonk80093 жыл бұрын
Litterally robinhood.
@kstxevolution96423 жыл бұрын
not really, theyre a front for a hedge fund group themselves
@evanhuizenga86263 жыл бұрын
Unintentionally on their end, and I am sure they will happily put a stop to it now that it's gone public, but yes
@GradyRoy3 жыл бұрын
Robinhood is no longer allowing GME or AMC purchasing
@MMMitchell6733 жыл бұрын
@@GradyRoy y
@johnm.84143 жыл бұрын
This straight up sounds like what happened with the 2008 housing crisis.
@erikfreeman453 жыл бұрын
This doesn't sound even remotely close to 2008
@johnm.84143 жыл бұрын
@@erikfreeman45 I was referring to the stock shorting. The way the hedge fund stock traders intentionally made profits at the expense of smaller folks reminded me of what the banks did in 2008. The difference this time is that people actually caught on to what the big corps and billionaires were doing and reversed it on them.
@RobbyMaddox3 жыл бұрын
WOW! You just explained that really well. I'm sure there's more detail that you could go into, but that was pretty clear. One thing I was getting confused by was I was thinking that short selling was the same as put options. Put options are another way to make money off of the stock price going down, but the person who buys the option has the option whether to execute it or not and there's no shares actually trading hands unless it's executed (and even then, it can just be done with collecting the difference in cash instead of using actual shares). This means that the most you would expect to lose is the amount you paid for the option, so I was puzzled why people kept saying that the hedge funds were losing billions of dollars. I didn't know that it was possible to borrow shares from others and then sell those shares without the original owner actually selling the shares to you. Sounds pretty crazy. lol
@ATTJ76283 жыл бұрын
I actually gained some respect for Reddit because of this, absolute madlads.
@Luckingsworth3 жыл бұрын
"Reddit" is a host name for many smaller forums. WSB litteraly says they are a 4chan colony in their name lol. Just a bunch of anons that wanted to escape from 4chans /biz/ which is more crypto focused to talk about stocks.
@zerimas_3 жыл бұрын
fuck these hedge fund manager fucks
@ChengTeoh3 жыл бұрын
The lesson of the day, never bet more than everything against a meme stock when it's backed by WSBers. ;)
@musashi9393 жыл бұрын
gme 🧻👐here. Sold at 15 Euro 😭
@ontopent3 жыл бұрын
YOLO’ed back when it was $20 pulled out and yoloed again at 39
@fyt543213 жыл бұрын
Stop holding back Louis. You should tell us what you really think. Personally I'm beginning to have doubts about the ethics and honesty of: stock subreddits, stock market media commentators and hosts, hedge funds and options speculators ... pretty much everyone.
@wyw2013 жыл бұрын
@@fyt54321 It’s a battle of volumes and liquidity, stories and “opinions” are there to convince gullible “investors” to take a side
@danboah25013 жыл бұрын
hey you’re the guy who made like 90 million videos on red dead 2
@snowfall95263 жыл бұрын
When you comment to help push the video to more people, also great explanation of short stocks, I finally understand it after quite a few videos.
@demdemproductions9263 жыл бұрын
Media can spew out bs about everything in the last 4 years and practically no one talks about it but when it comes to GameStop stocks everyone is outraged????
@traditionalsunni6293 жыл бұрын
Wsb is not alone in this shit. They are just throwing everything at wsb now.
@Trey50Daniel3 жыл бұрын
yeah you can see actual pump and dump with like Tik Tok investors, etc
@futoohell8193 жыл бұрын
True r/investing also got in even though they hate WSB.
@Alex-ed1jo3 жыл бұрын
Hell, Michael Burry was in on this investment.
@miyuden41183 жыл бұрын
@@Alex-ed1jo since 2019 already thought. His price average is amazing.
@creatineaddict3 жыл бұрын
Even some hedge funds are buying in to GME. One hedge fund manager explained the law of reflexivity and said he’s rooting for GME and he’s in.
@rp66993 жыл бұрын
louis : "iam not a financial adviser" yet gives the best description of short selling there could be
@KingBobXVI3 жыл бұрын
He kind of biffed it a bit though - he had the first part right: you borrow the share and sell it first. The second part was more confusing than it should have been though because he kind of said you sell it, get the money, and then pay back the money later for less. It's actually much more simple: you borrow the stock and sell it, then later when the price goes down you buy it back and return _the stock_ to whoever you borrowed it from. Instead of "buy low, sell high" you're just changing it to "sell high, buy low".
@FallingPoets3 жыл бұрын
Literally haven’t been able to understand shorting until now.
@bingbong36433 жыл бұрын
@@FallingPoets You’re not alone. 😂
@Shawouin3 жыл бұрын
@@bingbong3643 Thousand of people buying Gamestop stock didn't either. They will loose money in the end. That's inevitable.
@bronco53343 жыл бұрын
@@Shawouin Not necessarily true: if the hedge funds are driven to bankruptcy and/or forced to abandon their short position, then there is no longer any downward force on the stock price from sellers. The stock only drops when people who actually own stocks (IE, not the short sellers LOL) start selling them.
@KD-bk7gd3 жыл бұрын
Can’t stop, won’t stop, GameStop. I don’t even know what the sell button is.
@thinlineofsanity10353 жыл бұрын
Ive watched nothing but vids on this topic for the last 48 hours, and this video is THE BEST EXPLANATION for it! Thank you! My favorite part was the analogy at 11:00 - 13:00. "Kids caught adults stealing, thinking to themselves "that's wrong!" And decide to teach the adults a lesson!" 🤣😂🤣
@EEVblog3 жыл бұрын
Great video. The problem with the current economy (not just the market) is that it's propped up in every segment with the money printer going brrrr. They have to continue to do this, there is no other real release valve. It's going to come-a-gutsa. Same here in Australia, we have job seeker and job keeker programs, business cash flow boosts, mortage holidays, super fund emergency access etc etc, and it's all going to stop soon, and that's when you better be in front of an empty chair when the music stops.
@darylsuess89903 жыл бұрын
Well put Dave!
@rossmanngroup3 жыл бұрын
The dollar will probably fail before the stock market does right now.
@joeybab33 жыл бұрын
Watching all this take place just as I’m about to be coming into adulthood sucks :/
@seanconnors77453 жыл бұрын
@@rossmanngroup I think this "bubble" is a symptom of the failing dollar. Are all asset classes going up at once, or is the dollar going down?
@IAintScaredOfNoGhost3 жыл бұрын
@@joeybab3 was same for me. Graduated in 2007. Still have student loans, working 50+ hours a week for past 3 years just to float by with my 8$ turkey footlong from subway, which used to be 5$. Lmao.
@ExaltedWarrior3 жыл бұрын
If you come up with a "Dick In The Cookie Jar" t-shirt, I'll buy one.
@@rossmanngroup Dude, your fucking video needs to be spammed across the Wallstreetbets thread holy shit
@179317932486503 жыл бұрын
@@rossmanngroup I love the cup
@timothymusson50403 жыл бұрын
@@rossmanngroup pics, or it didn’t happen!
@mariomanriquez86173 жыл бұрын
@@rossmanngroup From the westside Inglewood CA we send you More Love and power for our big brother,,, please keep going, thank you a $1million.
@HandlesAreStupid20243 жыл бұрын
Shout out to everyone who listened to everything they said about Trump too. Y'all are gems
@spanglelime3 жыл бұрын
I just discovered your channel via your most recent videos, but autoplay was accidentally on, so I am here on this video to say thank you bc I feel like I'm learning Econ via trial by fire right now. The boyf and an amazing explanation that's been circling on Telegram have really helped me understand this also.
@TheStol3 жыл бұрын
WSB is a clusterfuck of line drawers and gambling addicts that keeps on giving and I love it
@MisterMosfet3 жыл бұрын
NEVER mess with no life nerds with too much free time
@excuseyou15263 жыл бұрын
I kinda feel bad for the naive young people who have no fucking clue why GME is going up and think it's a good investment only to lose everything, and the people who pocket the difference posting massive gains which in turn lure more people in. On the other hand it's funny to see the professional short sellers get their shit pushed in by random degens buying a garbage stock at sky-high valuations. I'm conflicted
@blackboxcryptobot36503 жыл бұрын
Almost lost it at line drawers... 😂
@haruhisuzumiya66503 жыл бұрын
@@excuseyou1526 it's like the market is artificial
@karmankm21563 жыл бұрын
APE TOGETHER STRONG 💪🏻
@traingp73 жыл бұрын
The "Non Essentials" are causing them problems.
@Thehuntressband3 жыл бұрын
Yup. I think the best response to being deemed "non essential" is becoming a problem for those that can mark you as such. haha
@arbysregionalmanager70323 жыл бұрын
@@Thehuntressband You tell them greg!
@andersbroervik3 жыл бұрын
Can't remember why i subscribed to Louis, but it has gone from tech repair to real estate, to financial news!! Can't wait to se what the next is! Always good content!
@murse_life3 жыл бұрын
Just bought 500 shares of #AMC and HOLDING #GME 💎 HANDS BABY!!! Going to the MOON!!!
@dominicrussell81583 жыл бұрын
What's funny is that when 1 person wins in the markets that means someone has lost, the GME incident is just Wall Street losing money to retail, quite refreshing to see a wealth transfer the other way around for once.
@thirteennn3 жыл бұрын
"we made our own trickle down economy" is a good comment om wsb in regards to this
@dominicrussell81583 жыл бұрын
Everyone needs to take ownership of their decisions, if things go wrong then it is your own fault. Things can also go well if you do it the right way
@dmonk9523 жыл бұрын
not true if I bought GME at $100 sold at $140 and that guy sold at $170 who lost
@triot21273 жыл бұрын
@@dmonk952 The guy that held too long and is left holding worthless stocks after the dust settles.
@dominicrussell81583 жыл бұрын
@@RS-uo2nd it’s entertaining to see so called professionals require bailing out. I do trade and understand that sometimes you need to walk away from the trade. They have been shorting it for years, take your profit and move on.
@vjbk15873 жыл бұрын
Cramer defended WSB today on CNBC. I'll give him credit for that.
@Amatsu20773 жыл бұрын
He sees the shift in power
@schraderclemens61223 жыл бұрын
One of us
@BACON23693 жыл бұрын
Maybe? He also warned the "short" community to wake up. Cramer just didn't like the dude in the glasses.
@handenbramilton3 жыл бұрын
@@BACON2369 Fuck that guy in particular though.
@ericdecker29143 жыл бұрын
That guys a loser regardless.
@carefulconsumer86823 жыл бұрын
Best explanation for short selling I have heard in a long time, Louis. In any case, these hedge fund managers are experienced experts and knew the risks related to their betting on the stock. They made a bad bet and should be responsible for the losses. Too bad. If the short had worked out for them and they made Billions, no one would be complaining. No one bails out the middle class little people when we make mistakes or bad judgment.
@ulisesroman72593 жыл бұрын
I love watching you fixing circuit boards, and I also loved your take on this.
@pcsecuritychannel3 жыл бұрын
This is one of the best explanations of short selling I've seen online. On a similar note, here's a movie recommendation: Big Short.
@tsalvo92903 жыл бұрын
Dan O'Seaghdha elaborate
@jakinthejay63903 жыл бұрын
@@AirelonTrading You realise this is so people, unlike you, who don't have knowledge in market movements can get an understanding of what was happening with being confused. It was how he started the video
@austinhanson453 жыл бұрын
@@jakinthejay6390 he's just a cog in the machine, trying to help his other rich buddies make more money.
@skank2dis13 жыл бұрын
As a new investor, all I knew was that we’re fucking over some cheaters. That’s all I needed! 10k donation to screw them over!
@therealb8883 жыл бұрын
@@AirelonTrading do us all favor & explain it better.
@Aks-gj1kp3 жыл бұрын
WSB just started , now the whole retail community is with them, this is WAR.
@kenobihimura3 жыл бұрын
amc express blackberry gamestop
@davidcoomber40503 жыл бұрын
A man siting in front of a microscope wearing black rubber gloves talking about ridiculous people on Reddit, I'm in a parallel universe
@madmitch77333 жыл бұрын
This needs 10 million views. Im opening a long position on your chanel.
@Orav1233 жыл бұрын
TO THE MOON 🚀 🚀 🚀 🚀
@nodriveknowitall7023 жыл бұрын
Get off of my youtube, you degenerate.
@GamerBrosLetsPlay3 жыл бұрын
🚀🚀🚀
@mercisaun3 жыл бұрын
KEEP HOLDING 🚀🚀
@GamerBrosLetsPlay3 жыл бұрын
@@mercisaun of course 💎🙌💎
@andrasfauszt16933 жыл бұрын
It literally cant go tits up
@brandonmccarthy92243 жыл бұрын
This whole thing is fucking HILLARIOUS
@superchuck32593 жыл бұрын
It will become a Movie! The Great short gone wrong!
@andrewt.55673 жыл бұрын
A lot of people's 401Ks find it less amusing. Remember, they are not even playing with their own money.
@vsync3 жыл бұрын
@@andrewt.5567 who is "they"
@superchuck32593 жыл бұрын
@@andrewt.5567 They are not playing with my money. Melvin got Melvin'd!
@mariokarter133 жыл бұрын
By individual cost of entry, this is the most expensive meme of all time.
@SteinGauslaaStrindhaug3 жыл бұрын
Why didn't some other hedge fund who hadn't shorted the stock, just call their bluff, once they started shorting more than 100%? Do they cooperate, are they literally a cartel, or are they just stupid?
@Dislob3 жыл бұрын
They probably have a cooperation going: ''im not gonna fuck with your stock if you dont fuck with mine'' kind of shit.
@SteinGauslaaStrindhaug3 жыл бұрын
@@Dislob and that's literally what a cartel does.
@michaelcastro19443 жыл бұрын
Everyone has to share this now before they bury this
@tomy31163 жыл бұрын
Keep in mind that Andrew Left, the guy central to all of this was such an awful market manipulator that he got banned from the HK stock exchange for 5 years.
@bruhmoment18353 жыл бұрын
So that's why Andrew left
@bionic80853 жыл бұрын
This is why I like Louis - he doesn't equivocate shit. just says it plain
@Yellow.18443 жыл бұрын
didn't think I could love this man more but here I am
@federico42393 жыл бұрын
Genuine big brain.
@SrgtZelo3 жыл бұрын
Loved the analogy for kids seeing a adult stealing. Think instead of 'reporting' the crime, its more like the kids are stealing the item out of the thief's home. (Beating them at their own game)
@MatthewElvey3 жыл бұрын
Wall St veteran here. Just want to say Louis does a great job on the explanations and everything here. (I wrote that 12 mins in and it still holds now that I've watched it all.) If he made any errors I'd catch 'em and his only error is a trivial one - a tiny grammar nit: at 23:00 he mixes up singular and plural: was/were. And Louis doesn't get into the illegality of naked shorts, which is a smart move-it's not necessary. Saying they were greedy is sufficient. Bravo.
@Headlessthirst3 жыл бұрын
The computer guy who teaches you how to repair and shows you how incompetent politicians are and how greedy landlords are and how stupid covid rules are now bringing it further with Stocks! You rock dude.
@poopsmcgee2k63 жыл бұрын
They are scared shitless because they lost control for a single day.
@boggers3 жыл бұрын
The shorts lost 96 billion dollars so far, and it's just getting started.
@jhblake1233 жыл бұрын
Hedge funds and institutional investors are scared shitless because they are selling naked call options on GME. When those options get exercised, the greedy bastards get screwed big time. This is what causes the short squeeze.
@Monkofpo3 жыл бұрын
@@jhblake123 Coming Friday to a Gamestop near you.
@pagetvido18503 жыл бұрын
@@boggers Especially since its those AI shorting machines the rich kids own that really fall fast for this crap. A human might have the brains to laugh at the idea of gamestop surging.
@keystrokes25163 жыл бұрын
@@jhblake123 what’s the difference between a naked call and selling a put?
@rolandmenzenbach35013 жыл бұрын
So True.... The same here in Germany.... the point of view of the mainmedia is astonishing. Best wishes to you
@sharishth3 жыл бұрын
Nowadays we shouldn't take news on face value especially when it comes to mainstream media.