Originally Posted by Hog's Gone Fishin:
Pulled this comment from a site and it's exactly what's happening, IT IS the only explanation, if you sell out now they win..........
"hedge funds have basically shorted the entire market to squeeze the juice out of the retail investor pool. And magically the following quarter the stocks you sold will go back to where they belong. It's a despicable rigged game. "
I wonder if the GME squeeze pissed them off?? LOL
I read earlier today that short positions are at a 17 year low on account of the GME action. [Reply]
Originally Posted by Halfcan:
Big money trying to cause a crash- first they hit the Crypto and drove it down over the weekend- now the stock market this week.
People that invest with emotions and not fundamentals will be losing their asses.
CCIV has pulled back to entry level for tons of folks.
I know people probably won't like to hear this, but ever since the Wallstreetbets
$GME
thing bubble popped the market has been in the toilet for many stocks >>>
The Big Pump turned into the Big Dump and all those hedge funds the WSB Idiots thought they were burning are having their best year in years
Hedges getting the last laugh as new money watches their stimulus checks go down the drain
Nothing but pain & suffering for
$IWM
since WSB blew up the stock market
That said
$TZA
was a big winner today......
Yeah, I know you
$GME
raging kitty Kat types will say
$GME
is doing fine, but meme stocks have gotten destroyed and SPAC's are total garbage now ...
Chamath Palihapitiya is now the official KING of the SPAC Dumpster >>> haha and to think he just said he was going to be the Warren Buffett of the WSB Meme Generation >> dude is still filthy rich, but if there is one thing the stock market teaches us all eventually is Humility...... [Reply]
Originally Posted by Hog's Gone Fishin:
Another interesting comment...
I know people probably won't like to hear this, but ever since the Wallstreetbets
$GME
thing bubble popped the market has been in the toilet for many stocks >>>
The Big Pump turned into the Big Dump and all those hedge funds the WSB Idiots thought they were burning are having their best year in years
Hedges getting the last laugh as new money watches their stimulus checks go down the drain
Nothing but pain & suffering for
$IWM
since WSB blew up the stock market
That said
$TZA
was a big winner today......
Yeah, I know you
$GME
raging kitty Kat types will say
$GME
is doing fine, but meme stocks have gotten destroyed and SPAC's are total garbage now ...
Chamath Palihapitiya is now the official KING of the SPAC Dumpster >>> haha and to think he just said he was going to be the Warren Buffett of the WSB Meme Generation >> dude is still filthy rich, but if there is one thing the stock market teaches us all eventually is Humility......
This is why you don't chase message board stocks- by the time you are in, the money is made and bigger money is about to bank a killing, driving it back down.
It is annoying my account was mostly Red today, but they are all good, sound companies, many with record earnings- so the Shorts can't drive them down for long. Be the tortoise, not the hare when it comes to investing. [Reply]
This one and his one from today made me feel a lot better about my blood-red portfolios and holding through all the FUD. I just need to quit checking them every day, they'll be green again once the hedge funds decide buying will be more profitable than shorting. Thanks for posting. [Reply]
Originally Posted by MTG#10:
This one and his one from today made me feel a lot better about my blood-red portfolios and holding through all the FUD. I just need to quit checking them every day, they'll be green again once the hedge funds decide buying will be more profitable than shorting. Thanks for posting.
Crypto is bouncing back big today-stocks will follow. People can't stand sitting on cash for very long. [Reply]
