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Topic	RoaringKitty returns causing GME surge and RH shuts off buy
WingsOfGood 05/14/24 12:33:09 PM #101:	Tyranthraxus posted... I don't see how going from ~$20 to almost $700 5 years ago isn't already MOASS. Anyone waiting for something even bigger is a fool. Some people are straight delusional about stock prices. I've seen people on Reddit say shit like $100,000 a share. Who's going to pay that? It ain't going to be the hedge funds. They don't have that kind of money. They'll cover what they can and declare bankruptcy. And they won't be buying from retail. They'll be buying from their unaffiliated-on-paper other hedge fund directly off market. A couple people in retail will get rich. Maybe. But in either case you're never going to be able to sell for MOASS prices because trading will get halted and shortys will just go bankrupt. And no you're not hurting the 0.1% by doing this either because it's all LLCs. You have to keep in mind half of those posts aren't actually serious. The name APE is self-deragotory to suggest they are idiots and not giving financial advice. I doubt even they are serioua about $100,000 a share. <cite>WingsOfGood posted [p:980390587] in RoaringKit... [t:80768209]...</cite> <quote>Tyranthraxus posted... </cite><quote>I don't see how going from ~$20 to almost $700 5 years ago isn't already MOASS. Anyone waiting for something even bigger is a fool. Some people are straight delusional about stock prices. I've seen people on Reddit say shit like $100,000 a share. Who's going to pay that? It ain't going to be the hedge funds. They don't have that kind of money. They'll cover what they can and declare bankruptcy. And they won't be buying from retail. They'll be buying from their unaffiliated-on-paper other hedge fund directly off market. A couple people in retail will get rich. Maybe. But in either case you're never going to be able to sell for MOASS prices because trading will get halted and shortys will just go bankrupt. And no you're not hurting the 0.1% by doing this either because it's all LLCs.</quote>You have to keep in mind half of those posts aren't actually serious. The name APE is self-deragotory to suggest they are idiots and not giving financial advice. I doubt even they are serioua about $100,000 a share.</quote> ... Copied to Clipboard!
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