Fresh-squeezed is sooooooo much better than bottled. It’s night and day.
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So someone correct me if I’m wrong.
The two big short squeezes on right now are GME and AMC. Any others?
BB NOK BBBY SPCE
I thought this was a stonks reference and I was trying to figure out what “bottled” could mean.
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My understanding is that dark pools have to report trades to the exchange a stock is listed on shortly after the trade is executed, so any shorts should be reported and captured in the disclosed short interest.
What am I missing here? Someone bought a virtual replay of a Giannis play for $17k? My brain is malfunctioning right now.
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Yes, it’s like a sports trading card but you can’t put it in your bicycle spokes and ruin it.
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Thanks. I had no idea.
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GOAT
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It went to whoever sold them the shares necessary to cancel out their shorts, so probably the redditors who took a profit instead of HODLing.
Example:
Alice is long, owning one share.
Bob shorts one share by borrowing Alice’s and selling to Carl for $100
The price goes to $120 and Bob decides to cut his losses.
Dianne is offering to sell a share for $120, which Bob buys.
Bob’s newly bought share instantly gets returned to Alice, so Bob’s is now flat.
Bob lost $20 and it went to Dianne.
(That’s how I understand it, but if someone corrects me then take their word over mine.)
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Why the fuck are any of you using Robin Hood?
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that’s the app of choice of the WSB investors. Do you dare question their trading expertise?
Yup, or both!
Hedge funds were short before WSB was long, yes, but they re-shorted on the way up too, so they easily could have been borrowing shares from WSB people. And I didn’t know about double-borrowing before today, so that makes it a spaghetti diagram. There is also naked shorting—shorting without even borrowing the stock—but I haven’t looked into whether that was happening with GME. My finance bro friend claims that naked shorting can happen when someone shorts using leverage.
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https://twitter.com/AmericasComic/status/1354452317257560067
https://twitter.com/iamTannenbaum/status/1354571307401228292
https://twitter.com/loganbartlett/status/1354613330900635651
twitter is gold right now
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Someone should tell them to quit using zero-commission platforms. They’re making the war more difficult on themselves by letting their enemy see all their stoplosses etc. Plus there was that nonsense today with RH & others blocking users from buying GME. Fuck that! There are alternatives that don’t do that.
Do you use TWS on your pc? I swear I saw that choice yesterday, but I haven’t been able to find it today. Where is it? I wanna be a team player.