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Gamestop and The Stock Market

Interestingly this article (from the NASDAQ no less) seems to confirm that GME is shorted ~120%

www.nasdaq.com

Are These The Best Heavily Shorted Stocks To Buy Right Now? 5 Names To Watch

Do You Have These Top Shorted Stocks On Your Watchlist This Week? Unless you’ve been living under a rock, you’ve likely heard about the David vs Goliath battle happening in the stock market right now. Retail investors have been going head-to-head with several hed
www.nasdaq.com www.nasdaq.com
 
leftyjace said:
Interestingly this article (from the NASDAQ no less) seems to confirm that GME is shorted ~120%

www.nasdaq.com

Are These The Best Heavily Shorted Stocks To Buy Right Now? 5 Names To Watch

Do You Have These Top Shorted Stocks On Your Watchlist This Week? Unless you’ve been living under a rock, you’ve likely heard about the David vs Goliath battle happening in the stock market right now. Retail investors have been going head-to-head with several hed
www.nasdaq.com www.nasdaq.com
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There was an s3 report that said something contrary that concerned me. No doubt these guys are controlling things but I have no idea what to really believe. The silver stuff is interesting too... WSB was clearly not in on that... yet every news story indicated otherwise.

This **** really just shows me how screwed up things are. Imma bury money in the backyard like my great grandpa did... that seems like the only rational choice.
 
leftyjace said:
Not as long as we thought! :D
Click to expand...
I sold at the S3 news... real or not it was clear they would play as much funny bizness as they needed to. I came out even on my stonks... slightly positive because of AMC dips and peaks.

Was a fun few days and I learned a bunch of ****.
 
Handlogten's Heros said:
I sold at the S3 news... real or not it was clear they would play as much funny bizness as they needed to. I came out even on my stonks... slightly positive because of AMC dips and peaks.

Was a fun few days and I learned a bunch of ****.
Click to expand...
Same! At least, as far as the learning. I rode it out for a little longer than you, but in the grand scheme of things the money I didn’t recoup from my investment was fairly miniscule, and it gave me a front row seat and lesson on a few things.
Was a very interesting few weeks.
 
Handlogten's Heros said:
There was an s3 report that said something contrary that concerned me. No doubt these guys are controlling things but I have no idea what to really believe. The silver stuff is interesting too... WSB was clearly not in on that... yet every news story indicated otherwise.

This **** really just shows me how screwed up things are. Imma bury money in the backyard like my great grandpa did... that seems like the only rational choice.
Click to expand...
BTW, never addressed this....

FTEC has taken me sooooo far over the last 4-5 years. Like, bigly. It is a bit risk mitigated, but the growth has been phenomenal and regardless of what happens with Big Tech, I think it will continue to do well as tech is here to stay as the basic staple commodity investment.

But ya... I’m focusing lately on things a little more sustainable as I am getting older.
SCHD is my latest safe indulgence :)
 
leftyjace said:
BTW, never addressed this....

FTEC has taken me sooooo far over the last 4-5 years. Like, bigly. It is a bit risk mitigated, but the growth has been phenomenal and regardless of what happens with Big Tech, I think it will continue to do well as tech is here to stay as the basic staple commodity investment.

But ya... I’m focusing lately on things a little more sustainable as I am getting older.
SCHD is my latest safe indulgence :)
Click to expand...
The recovery has been pretty amazing in the market... I'm waiting for a big correction/crash at some point. Market can't be this far detached from the economy imo. I know the market is not the economy but the complete disconnect is wild.
 
I was almost gonna go into a trading system with oh 7K and do combo intraday bets where my loss and profit is within reason, but I am out of the market except for few old stocks, a hundred shares of a mining stock.

What I hear on the news is that the populist market pushers are actually owned through third parties by the Bigs. Way to cover your bets, for sure.

No such thing as Robin Hood today, no noble savages coming outta the woods to make the world right. Just double double mind games all around, and them that's got the gold makes the rules.
 
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