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Redditors gave Wall Street traders an absolute pasting


Didn't know where to post it but...


"Effective as of March 15, 2021, the titles of Elon Musk and Zach Kirkhorn have changed to Technoking of Tesla and Master of Coin, respectively. Elon and Zach will also maintain their respective positions as Chief Executive Officer and Chief Financial Officer."

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ReidysLeftLug said:
Didn't know where to post it but...


"Effective as of March 15, 2021, the titles of Elon Musk and Zach Kirkhorn have changed to Technoking of Tesla and Master of Coin, respectively. Elon and Zach will also maintain their respective positions as Chief Executive Officer and Chief Financial Officer."

You must be logged on to see external links
Click to expand...

Mad as a box of frogs but strangely enjoy listening to him :lol:
 
Titus said:
Another bad week for GME shorts
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Aye, price has gone from about $150 to $240 in the last few days, and the word is that the SHFs have not covered a damn thing, and infact the SI is still going up! :lol:

Still though, a long way to go to trigger the margin calls that will cause absolute hell on.
 
monkeytassle said:
Amazing how that private office that dropped 10bn or more has not registered
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Glacier Capital?
People are fairly sure its just a puppet of Citadel, who are the ones who're deeply into the GME short.

can't understand why Glacier would announce they took a massive short position out of the blue. Was quite funny when the reddit folks found their "offices" after about 8 hours. A handwritten "Glacier Capital" written on some masking tap, stuck to a letter box on a residential home.
(although, that proves nothing of course, we have that 1 property in London where hundreds of limited companies are registerred)
 
PTR said:
Glacier Capital?
People are fairly sure its just a puppet of Citadel, who are the ones who're deeply into the GME short.

can't understand why Glacier would announce they took a massive short position out of the blue. Was quite funny when the reddit folks found their "offices" after about 8 hours. A handwritten "Glacier Capital" written on some masking tap, stuck to a letter box on a residential home.
(although, that proves nothing of course, we have that 1 property in London where hundreds of limited companies are registerred)
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No not glacier capital. They're a 100mm aum which is like the fa vase sort of level
 
PTR said:
What does reddit say about their floor price? I saw something about $100k yesterday.
The GME one is $10m

:lol:
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People are just taking the piss. :lol:

IIRC the original short squeeze price of AMC wasn't expected to go past $40 by any of the lads that do actual research, that was a couple of months back so it's probably bollocks now. I've not seen anything that wasn't a meme suggest things have changed massively, I only poke my head into the discord server a couple of times a week though.

If AMC died tomorrow I've not lost anything at this point so I'm not obsessing.
 
Some Random Guy said:
People are just taking the piss. :lol:

IIRC the original short squeeze price of AMC wasn't expected to go past $40 by any of the lads that do actual research, that was a couple of months back so it's probably bollocks now. I've not seen anything that wasn't a meme suggest things have changed massively, I only poke my head into the discord server a couple of times a week though.

If AMC died tomorrow I've not lost anything at this point so I'm not obsessing.
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I think the crux is, they've shorted it beyond anything imaginable, and now the redditers hold the float, so they set the price - IF and only if there are margin calls and the HFs are foced to buy back
.
Just to give an idea, after the GME people moved off wallstreetbet (because it was basically stolen away from the community, by bastards), to their own page, many of them then moved away again, as they didn't agree with how the new board was being ran and created r/superstonk (yeah, I know).

r/superstonk has, right now, 100,000 people online. Not registered (that's 300k). Online. r/GME has about the same number of registered users, although a lot less online at any time, and there are still many people holding on r/wallstreetbets

But 100,000 people on one board for this stock. Only people who own the stock moved twice and log in every day.

It quite an interesting movement of people.
 
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