Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
The Something Awful Forums > Discussion > Video Games > Stonks: Shortin' The Hedgefund
 
  • Post
  • Reply
No Wave
Sep 18, 2005

HA! HA! NICE! WHAT A TOOL!
So many people wanted to buy it at $250 that robin hood turned off the ability to do so.

* # ¿ Jan 28, 2021 20:53
  • Quote
Adbot
ADBOT LOVES YOU

# ¿ May 15, 2024 01:18
  • Quote
No Wave
Sep 18, 2005

HA! HA! NICE! WHAT A TOOL!

Waltzing Along posted:

Ok...so people are buying as much as they can no matter the price because when the hedge funds shorts come due, the holders will get to sell at whatever the new price is, guaranteed?

Is that right? At some point in the future, the hedge fund will be on the hook to buy up all that stock at the inflated prices. Anyone who got in when it was lower will make money and anyone at the top will pretty much break even?
Yes. That's what people mean by "short squeeze". People were speculating that tomorrow is a big day for shorts coming due but I'm not sure anyone has the full information.

* # ¿ Jan 28, 2021 22:00
  • Quote
No Wave
Sep 18, 2005

HA! HA! NICE! WHAT A TOOL!

S w a y z e posted:

Still holding, it was never about the money. At this point I and I think most investors just wanna make it as painful as possible for the hedge funds to exit. Just knowing I was part of Elon Musk losing 8b is enough to make it all worth it.
Were you? I thought Musk was cheering this on.

* # ¿ Feb 2, 2021 23:46
  • Quote
  • 1
  • 2
  • 3
  • 4
  • 5
  • Post
  • Reply
The Something Awful Forums > Discussion > Video Games > Stonks: Shortin' The Hedgefund