Loading ...Re: The Extreme Short Squeezes…
Bannon had a good segment on them in the afternoon show today at about the 27 min. mark. In short 🙂 he sees them as the stock market version of the populist movement, which it seems to be. Anyway, I put some pocket money into AG right before the close of the after market. I don’t want to be in any PM’s right now but I like to gamble and and I also LOVE seeing the little guys making some big money. The Fed, the whole federal gov., CNBC, hell, everybody BUT the retail traders built and protects this system where Wall St. is allowed to make zillions by fleecing the little guys and is always bailed out BY the little guys. They won’t allow this double-reverse to last long. Wish I had seen it starting earlier in the after market but hey, paying up by 18% is nothing since it’s going to da moon, right? 🙂 Bannon mentioned he’s going to get into it more in depth tomorrow with Steve Cortez.
Thanks Liberty
So he is saying “patriots are kicking the Estabishment’s asses by piling into securities that are heavily shorted ?
Ha…who knew…Love it
Keep us posted
I don’t think he was saying they are straight-up Patriots, just retail traders using their own semi-private social media to move en masse.
See what you think. https://rumble.com/vdc4of-ep-687-pandemic-save-the-1776-commission-w-posobiec-swain-epshteyn-dr.-pete.html
And I do believe this is the same tactic that the Robin Hood members used to drive up perpetually under-performing silver stocks like HL and CDE back in the spring/summer run up but there was no outcry from the Masters of the Financial Universe then, right? Oh no, but now that they have focused on a couple of stocks that the Holy Hedge Funds have been shorting the hell out of, it must be time to divert some of the thousands of our great National Guardsmen who have been conscripted to protect our betters in DC (from the non-threat) to halt this “insurrection” lol.
Thanks for the explanation…love it
“If it wasn’t for double standards, liberals would have no standards at all.” H/T Chris Plante. So great to have this forum to vent on Fully. Thanks for all the time you put in to keep it going.
I understand the approach, and more power to you, if it works. I think you would be better off focusing on the minimg stocks with the best charts and fundamentals instead of which are the most shorted.
Like I said, it was pocket money that I could afford to lose. I wouldn’t even call it a speculation. I was flat out gambling. On the subject of the VIX. I bought the VXX a week ago today at 16.45 and sold yesterday at 2:35ET at 19.79. 20% was good enough for me and it was at resistance. Both look like they were the right moves, at the moment anyway lol. GL to you.