Stocks - The Best Buys 2

[doublej_23]

Originally Posted by shermanator

If I knew how to buy crypto, I'd YOLO some Dogecoin today.

Signed up for coinsquare last night. Threw $50 on DOGE instead of buying 50/50 tickets.

Not risking anything I wasn't already prepared to lose. Just wanted to get in on the fun.

[PsYcNeT]

Originally Posted by corporatejay

says the guy who posted a tweet of some random claiming Robinhood was selling their shares without consent when it was probably a margin call.

You are part of the problem

What problem is that? In light of everything occurring, it looks like hedge funds, hilarious rules around shorts, and the financial system propping this garbage up is the problem.

"Probably" is doing a lot of heavy lifting in your sentence.

[CroFlames]

Originally Posted by PsYcNeT

What problem is that? In light of everything occurring, it looks like hedge funds, hilarious rules around shorts, and the financial system propping this garbage up is the problem.

"Probably" is doing a lot of heavy lifting in your sentence.

I don't always lol, but I loled at this.

[PaperBagger'14]

Volume on GME sitting at 28 mil, pretty low considering the last week being 100 mil +. Diamond hands, apes together strong

[DoubleF]

Originally Posted by PaperBagger'14

Volume on GME sitting at 28 mil, pretty low considering the last week being 100 mil +. Diamond hands, apes together strong

Well... the more people diamond handing, the more the volume drops.

[PaperBagger'14]

Originally Posted by DoubleF

Well... the more people diamond handing, the more the volume drops.

Exactly my point, you love to see it

[Enoch Root]

Originally Posted by PsYcNeT

What problem is that? In light of everything occurring, it looks like hedge funds, hilarious rules around shorts, and the financial system propping this garbage up is the problem.

"Probably" is doing a lot of heavy lifting in your sentence.

and 'looks like' is doing a lot of heavy lifting in yours

[Enoch Root]

Originally Posted by CroFlames

Hedge funds are the problem.

And what problem is that?

I am no fan of hedge funds, but they serve a purpose. They are piranhas, circling the financial waters, feasting on the weak, the stupid, and any scraps they can find.

They provide liquidity, and they challenge other positions.

Please explain how they are the problem.

(and don't say 'because they over-shorted this stock'. So what? All that has done is provide an opportunity for people like you to rally together and save the world!)

[Cecil Terwilliger]

Originally Posted by Enoch Root

and 'looks like' is doing a lot of heavy lifting in yours

[CroFlames]

Originally Posted by Enoch Root

And what problem is that?

I am no fan of hedge funds, but they serve a purpose. They are piranhas, circling the financial waters, feasting on the weak, the stupid, and any scraps they can find.

They provide liquidity, and they challenge other positions.

Please explain how they are the problem.

(and don't say 'because they over-shorted this stock'. So what? All that has done is provide an opportunity for people like you to rally together and save the world!)

It sounds like your cheerleading against this GME thing millions believe in.

Hedge funds are a problem in this case.

[Enoch Root]

Originally Posted by CroFlames

It sounds like your cheerleading against this GME thing millions believe in.

Hedge funds are a problem in this case.

I am cheerleading nothing. But obviously you are unable to backup your claim.

Hedge funds aren't a problem in this case. They did something stupid, and now other investors are taking advantage of that. That is exactly how the system is supposed to work.

and exactly what does "millions believe in" mean? If you think this is dome kind of social justice event, I would suggest you step back.

[Looch City]

Originally Posted by Enoch Root

Please explain how they are the problem.

You may have answered your own question?

Originally Posted by Enoch Root

They are piranhas, circling the financial waters, feasting on the weak, the stupid, and any scraps they can find.

The point is that now they're crying foul when it's them that's being feasted on.

[Enoch Root]

Originally Posted by Looch City

You may have answered your own question?




The point is that now they're crying foul when it's them that's being feasted on.

That doesn't make them a problem, it just makes them unlikeable. But like piranhas, they are a necessary part of the eco-system.

The fact that they are crying foul is too bad for them. Boohoo. As that video said over and over, you got your dick caught in the cookie jar. And now you are paying for it.

Again, that isn't a problem, that is the system dealing with participants who were doing something stupid.

[burn_this_city]

Short sellers have their place in exposing fraudulent companies that lie to investors and the public. However, shorting a stock at 140% of the total float, exposing themselves to massive losses and fomenting a liquidity crisis should be regulated. The fact that a short squeeze on gamestop, of all stocks, is causing reverberations across the market should be concerning.

[Hemi-Cuda]

Originally Posted by Enoch Root

That doesn't make them a problem, it just makes them unlikeable. But like piranhas, they are a necessary part of the eco-system.

The fact that they are crying foul is too bad for them. Boohoo. As that video said over and over, you got your dick caught in the cookie jar. And now you are paying for it.

Again, that isn't a problem, that is the system dealing with participants who were doing something stupid.

Your argument would hold more weight if the "system" was fair, but it's not. These hedge funds that are getting their dicks caught are the same ones who control the retailer transaction systems, and are trying to limit their losses by manipulating the market. They definitely ARE a problem

[Enoch Root]

Originally Posted by burn_this_city

Short sellers have their place in exposing fraudulent companies that lie to investors and the public. However, shorting a stock at 140% of the total float, exposing themselves to massive losses and fomenting a liquidity crisis should be regulated. The fact that a short squeeze on gamestop, of all stocks, is causing reverberations across the market should be concerning.

That is a dangerous proposition.

the market is self-regulating this, and correcting the issue. Increased regulation, and limits on trading, reduce liquidity. That creates more problems.

Again, the hedge funds pushed a position to a stupid level, and now the market is making them pay. I don't see a problem, I see an efficient system.

The people that are getting worked up about it, and crying foul, seem to be mostly people that don't understand how the system works.

[Enoch Root]

Originally Posted by Hemi-Cuda

Your argument would hold more weight if the "system" was fair, but it's not. These hedge funds that are getting their dicks caught are the same ones who control the retailer transaction systems, and are trying to limit their losses by manipulating the market. They definitely ARE a problem

Can you back that up?

Hedge funds are investors. Custodial services and brokerages run the transaction systems (they don't control them). The SEC regulates them.

[Monahammer]

Dying over here holding on to my NOK and BB. I should have just grabbed popcorn and watched!

[wpgflamesfan]

Originally Posted by Enoch Root

That is a dangerous proposition.

the market is self-regulating this, and correcting the issue. Increased regulation, and limits on trading, reduce liquidity. That creates more problems.

Again, the hedge funds pushed a position to a stupid level, and now the market is making them pay. I don't see a problem, I see an efficient system.

The people that are getting worked up about it, and crying foul, seem to be mostly people that don't understand how the system works.

To add to the above, there seems to be this idea that hedge funds are earning crazy returns that are out of reach for the average investor. While there are definitely individual examples of this being true, on average hedge funds tend to underperform the market (Warren Buffet even famously won a million dollar bet saying that a S&P500 would outperform these funds over 10 years).

If anyone should be mad at these funds, it's the wealthy individuals who have somehow been convinced it's worth paying a 2/20 fee structure to underperform the market.

[starseed]

Originally Posted by Hemi-Cuda

Your argument would hold more weight if the "system" was fair, but it's not. These hedge funds that are getting their dicks caught are the same ones who control the retailer transaction systems, and are trying to limit their losses by manipulating the market. They definitely ARE a problem

If that ends up being true, then hopefully Justice will catch up with them and serve as an example for those that act unethically.

Hedge funds in general though, are just like maggots. Disgusting, but decompose matter for new life to flourish.

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