Well, you know there is going to be some guy to go all in with a short position and actually make a killing. Its just a question of how long this insanity goes on. I think with Elon finally acknowledging it is a sign of peak autism. Do we go with a T+3 system? That means two more days until this all implodes.
The trajectory of this equity has been an education on market dynamics in the year 2021. They are still relevant, however, big, stodgy, institutions are absolutely not involved in many aspects of the current market. I don't have a great view into the underpinnings of these phenomenon to participate. This is a key reason I got out of Tesla. While I can see a path to a $2T Tesla valuation, I don't see that path in the next 5 years and they are 40% of the way there so I expect Tesla to return to normal levels of equity growth, best case. At least, based on my scenarios. Thank you GameStop for helping me understand my recent extreme success is more luck than skill. Humility is extremely helpful.
Chamath Palihapitiya on cnbc defending WSB and talking shit on hedge funds. Sorry for low quality, but it's the only full clip I could find.
Every time I see Chamath Palihapitiya interviewed, I am impressed. Mr. Palihapitiya is shining light into some pretty dark places.
I'm not familiar with Scott Gottlieb but he came across as a toxic influence. Anyone who follows the advice of financial media propaganda should watch this interview. Holy cow.... Retail investors like some of us, who can think for themselves, are going to strip hedge funds of their wealth. The sheep have become the wolves and I absolutely adore it.
Im sorry to say this, but if you are short, this is not looking too bearish just yet. The SEC has been way too silent, they are planning something!
I admire you giving the SEC credit for having the least bit of interest in the market and crooked trading. Well done!
I don't see what the SEC can do. If they add soem sort of regulation, that will impact the wealthy hedge funds ability to make as much money as they have in the past. Unless they add regulations but get some sort of billionaire exemption to continue manipulating while nobody else can.
There is nothing they can do. Bottom line the short ratio was way out of control, the big fish created it, they got caught and it blew up in their face. PERIOD. Now they are desperate and begging anybody to do everything to place the blame on their opponents. In this case the retails players smoked them and they look like idiots. PERIOD. I can appreciate what Gil is trying to do but that dog won't hunt. PERIOD. IF anything it has exposed the hedge funds for what they really are, in this case especially. What if they managed to bankrupt GME? Would anyone have cared NO, just another day at the office for them and the retail owners would yet again be left holding the bag. Would the SEC have cared? NO. We can flip flog into obliviation with this but, BOTTOM LINE, they got greedy and got caught with their pants down and some retail traders put them in check. PERIOD. Now we are supposed to feel bad for them and punish the ones on the opposite side of a trade that was smart enough to figure 100 - 140 = a once in a lifetime opportunity. I may be dumb but I sure ain't stupid. I dare them to go this deep in a short ever again, can ya feel me. Now the whole WORLD is watching, CNBC has become nothing but a joke in this matter, your billionaire buddy went broke because he was ignorant and stupid. History has been made, get over it. The SEC guys are most likely laughing under thir breath. David has bit$ch slapped Goliath. I love it man, this has been the best week of my life...
LOL pass the pipe, its my hit. That dog will not hunt, its gonna be left alone to play itself out. Unless there has been a crime commited its hopeless. Regulations should be put in place to prevent the big fish fron committing financial suicide, actually the WSB boys just regulated them, nevermind.
You need to start spamming on all the forums to DIVEST FROM TSLA INTO GME so you can drop its value by 50% and get back in
CNN newsflash Tesla to file for bankruptcy and relocate to mars, reports Starman. ELON MUSK was not availible for comment at time of article, rumored to be snorting GME tendies with Jim Cramer, stock crashes in after hours trading. More giggles.
