Stock Market Investing

**Smf-retired-user-0043** · 01-28-2021, 09:31 AM

Originally Posted by t00nces2

Big down day today. My bet is that it will be an up day tomorrow. I was turned on to a couple of shorts that are working out well, as well as MSFT that is a power stock and is holding up when SPY falls. I have to say, so far it has been worth the $50/mo.

**kss** · 01-28-2021, 10:15 AM

Originally Posted by alloy2

Don't blame reddit. If you do some research it was actually the fault of hedge funds who over-shorted the stock. The hedge funds shorted more shares than are in existence for gamestop, assuming that if they drive the price down low enough and force gamestop out of existence they'll never need to cover their position and will just reap the rewards of naked shorting the stock, while blowing the company up and 50,000 jobs, at the same time..... Now that the hedge funds are forced to buy shares to cover their shorts, they literally cant get their hands on enough shares because they shorted more than there is supply for. So huge demand + low supply = price skyrocketing. Redditors just saw that they were doing this out in the open and anticipated the short-squeeze. The hedge funds have been bleeding the market and normal investors for years with their market manipulation. Their own greed is going to cause them to lose money and they deserve it. Everyday people and normal investors may finally win one over on ol wall street.... doubt it though, they'll still find some way to weasel out of it like always

**Smf-retired-user-0043** · 01-28-2021, 11:01 AM

Originally Posted by kss

Don't blame reddit. If you do some research it was actually the fault of hedge funds who over-shorted the stock. The hedge funds shorted more shares than are in existence for gamestop, assuming that if they drive the price down low enough and force gamestop out of existence they'll never need to cover their position and will just reap the rewards of naked shorting the stock, while blowing the company up and 50,000 jobs, at the same time..... Now that the hedge funds are forced to buy shares to cover their shorts, they literally cant get their hands on enough shares because they shorted more than there is supply for. So huge demand + low supply = price skyrocketing. Redditors just saw that they were doing this out in the open and anticipated the short-squeeze. The hedge funds have been bleeding the market and normal investors for years with their market manipulation. Their own greed is going to cause them to lose money and they deserve it. Everyday people and normal investors may finally win one over on ol wall street.... doubt it though, they'll still find some way to weasel out of it like always

I guess that is why they're called shorts, if your not careful you can lose them. Congrats to the winners.