Current Events > I wonder how the guy at Melvin Capital feels about shorting Gamestop?

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E32005
01/27/21 10:31:50 PM
#1:


you know someone had to make the decision.

lol

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BilalPowell
01/27/21 10:32:25 PM
#2:


Hope he doesnt short his unemployment checks

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E32005
01/28/21 10:27:07 AM
#3:


bump for laughs enjoying others misery

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Giant_Aspirin
01/28/21 10:28:48 AM
#4:


fuck these hedge funds that profit without actually producing anything and that bet against companies failures. im glad WSB ruined at least one of 'em

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NeonOctopus
01/28/21 10:29:09 AM
#5:


Probably worse than that EA employee who got 600K downvotes on Reddit

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s0nicfan
01/28/21 10:29:10 AM
#6:


I doubt they're feeling too bad. While the company is set to lose a ton of money, I can't imagine anybody would ever hold one of these people personally responsible for not predicting that a subreddit would meme an entire new way of beating hedge funds abusing shorting into existence.

All this means is that these companies are going to start hiring full-time employees to monitor social media trading sites to try and catch wind of these things earlier.

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Jabodie
01/28/21 10:30:58 AM
#7:


s0nicfan posted...
I doubt they're feeling too bad. While the company is set to lose a ton of money, I can't imagine anybody would ever hold one of these people personally responsible for not predicting that a subreddit would meme an entire new way of beating hedge funds abusing shorting into existence.

All this means is that these companies are going to start hiring full-time employees to monitor social media trading sites to try and catch wind of these things earlier.
This. And maybe new regulations.

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Squall28
01/28/21 10:33:19 AM
#8:


He's probably making a bunch of excuses and trying to cover his ass.

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SK8T3R215
01/28/21 10:38:34 AM
#9:


They're probably waiting to start their short position again.

Except now they have a much larger runway to make money on it.

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E32005
01/28/21 10:41:02 AM
#10:


Jabodie posted...
new regulations.
this will happen. dont want the common man thinking he has power.

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Jabodie
01/28/21 10:44:35 AM
#11:


E32005 posted...
this will happen. dont want the common man thinking he has power.
Bold face pump and dump is not good for the common man, regardless of if some individuals profit off idiots who buy the high and are destined to be bag holders.

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E32005
01/28/21 10:49:37 AM
#12:


Jabodie posted...
Bold face pump and dump is not good for the common man, regardless of if some individuals profit off idiots who buy the high and are destined to be bag holders.
i think the redditors are holding. its prob WS power men trying to get them to panic sell

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Jabodie
01/28/21 10:53:33 AM
#13:


E32005 posted...
i think the redditors are holding. its prob WS power men trying to get them to panic sell
The vast majority of people in this scheme are just greedy, not part of this moral crusade. If people on WS are selling it's because meme investors have given them a golden opportunity to sell their GME for a ludicrously high price to them, like taking candy from a baby. Not a conspiracy.

There's no reason to make this out for more than this is. The vast majority of people are here to be on the winning side of a pump and dump.

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E32005
01/28/21 11:02:46 AM
#14:


Jabodie posted...
The vast majority of people in this scheme are just greedy, not part of this moral crusade. If people on WS are selling it's because meme investors have given them a golden opportunity to sell their GME for a ludicrously high price to them, like taking candy from a baby. Not a conspiracy.

There's no reason to make this out for more than this is. The vast majority of people are here to be on the winning side of a pump and dump.
thats minimizing the truth. go read comments.

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Jabodie
01/28/21 11:08:25 AM
#15:


E32005 posted...
thats minimizing the truth. go read comments.
Tag me in a few days or a week and we can see how true this cause really was.

Also even if they join the bandwagon, I have severe doubts that's the main motivation your average meme investor dumped money into GME.

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