Stonks: Shortin' The Hedgefund

The Something Awful Forums > Discussion > Video Games > Stonks: Shortin' The Hedgefund

Joink: Jan 8, 2004; What if I told you cod is no longer a fish

With American Stimmy checks coming in hot, the dumb money will keep on flowing into the markets. Same thing happened last year.

GreatGreen posted:

As somebody who knows basically nothing about stocks... is it possible to short Gamestop now that the stocks are astronomically overvalued, the idea being they will almost certainly fall back hard because of what a poo poo company Gamestop is?

Of course you can. Long as their's shares available from your broker you can short as much as you want.

Joink fucked around with this message at 08:23 on Jan 28, 2021

# ¿ Jan 28, 2021 08:19

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# ¿ May 15, 2024 10:59

Joink: Jan 8, 2004; What if I told you cod is no longer a fish

ErrEff posted:

Didn't DeepFuckingValue start with 100 thousand dollars or something as an initial investment?

Like, it's ridiculous and insane that such a sum could be grown to 47+ million using a single stock (not realized into cash yet AFAIK), but if they had that amount of seed money ready to gamble with, they weren't exactly what I'd call poor.

People are making huge sums of money. Look at the $200 strike expiring Jan 29th. Yesterday, Jan 26th it could be bought for a low of $1.68. Today it hit a high of $198. It's not even expiry day yet.

# ¿ Jan 28, 2021 09:13

The Something Awful Forums > Discussion > Video Games > Stonks: Shortin' The Hedgefund