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Gamestop

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  • jamesb
    Senior Member
    • Aug 2009
    • 774

    Gamestop

    Isn't this Gamestop stock thing something? It is going to be interesting where this all shakes out. Who is the big loser in this? What will the Reddit wallstreetbets do next? Its interesting how they can move things? Is there something or someone else at work here ?
  • jazz
    Senior Member
    • Jul 2018
    • 9308

    #2
    Originally posted by jamesb View Post
    Isn't this Gamestop stock thing something? It is going to be interesting where this all shakes out. Who is the big loser in this? What will the Reddit wallstreetbets do next? Its interesting how they can move things? Is there something or someone else at work here ?
    Rival hedge funds and Elon Musk trying to engineer a little lesson in pain for the shorts in Tesla.

    Comment

    • helmsdale
      Senior Member
      • Nov 2014
      • 2129

      #3
      I believe the motto is "Can't stop, Wont stop, Gamestop!"

      Comment

      • farming101
        Senior Member
        • Mar 2011
        • 3954

        #4
        Can't feel sorry for greedy high rollers who use other people's money to blow things up...

        Comment

        • jazz
          Senior Member
          • Jul 2018
          • 9308

          #5
          Originally posted by farming101 View Post
          Can't feel sorry for greedy high rollers who use other people's money to blow things up...
          This isnt necessarily a win 101. They are already talking about restrictions on retail investors, higher capital requirements, no margins, no options.

          Some hedge funds might have been temporarily hurt, but they wont be out of business.

          The little guys will be barred from the casino doors.

          Just wait until they nuke bitcoin.

          Comment

          • farming101
            Senior Member
            • Mar 2011
            • 3954

            #6
            Doing away with naked shorts would have helped.
            One simple rule. A share can only be loaned once.
            And maybe another rule. Shares shorted can only be 50% of the float, max.
            In the digital age they can't track that?
            This story has very little if anything to do with the economy...

            Comment

            • foragefarmer
              Senior Member
              • Mar 2014
              • 3499

              #7
              Giddy-up! Blackberry could be the next Gamestop. It did get some wild action this week.


              Waiting for the rocket to blast for Balsallie and myself.


              Look out Shorts and Hedge Funds! Fun Fun Fun

              Comment

              • bucket
                Senior Member
                • Jan 2008
                • 17029

                #8
                Would be interesting if this could be done in grain markets by farmers.

                Comment

                • Guest

                  #9
                  For the most part farmers are just checkers players in a chess game

                  Comment

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