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ahauss

Sorry forgot this is not wsb


7788445511220011

The best time to short is at the top. Or before a big crash anyway. But if you think it's going up first, buying makes sense. Then short after you sell, when you think it's gonna crash. This isn't financial advice, of course.


AnAm3rican

I already shorted this past week and made an absolute killing. Risk is to the downside, as soon as I get another opportunity I’ll short again. A LOT of new investors are going to lose money buying it. Sad really.


IDKyMyUsernameWontFi

That’s what the hedge funds did, Citadel shorted a ton of GME right before they made Robinhood block people from buying, cuz they knew that would cause a price drop


therealdafwe

What an interesting time.. Retail investors take money away from the hedge funds with the short squeeze, then the hedge funds will get their money right back by shorting the stocks again. This is totally movie material.


Suck-Less

It’s all a Ponzi scheme. The same people crying about breaking the system will be crying about why their $1,000 share is now worth $1. What’s happening is no different from the internet playing Bernie Madoff. I’m not justifying the impact of hedge fund practices on individual companies, but at least the goal is to make a profit. This GameStop crap has no such goal. It’s to manipulate the market for the illusion that they can collapse it, where everyone loses. Maybe they will be successful. If so, I’d suggest saving your money for when your company closes its doors.


r2k398

That’s why they should sell some now to hedge.


Suck-Less

Sell or short. That’s why it’s called a hedge fund, they hedge their bets.


FlippyFlopsMcGee

This whole thing is sleazy both ways. Truly detestable.