The FTSE

  • Thread starter Thread starter worsleyweb
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sorry, i am a complete ignoramus, i've just been drawn to this like a moth after a recent uptake in interest in this;

re GME; is stalemate the likely outcome for the very near term? if the hedgefund has alledgedly been covered for losses and the buyers are determined to 'hold' and go 'to the moon', then are they just locked? doesnt the everyday investor eventually lose as some will just want their money back eventually? is the hedgefund now effectively safe to wait it out?

sorry for any total ignorance
 
shemnel said:
sorry, i am a complete ignoramus, i've just been drawn to this like a moth after a recent uptake in interest in this;

re GME; is stalemate the likely outcome for the very near term? if the hedgefund has alledgedly been covered for losses and the buyers are determined to 'hold' and go 'to the moon', then are they just locked? doesnt the everyday investor eventually lose as some will just want their money back eventually? is the hedgefund now effectively safe to wait it out?

sorry for any total ignorance
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It’s still shorted to 138% of float.

Those with shorts are paying circa 50-60% interest and each shirt position has an end date at which point the shares have to be purchased.
 
SWP's back said:
It’s still shorted to 138% of float.

Those with shorts are paying circa 50-60% interest and each shirt position has an end date at which point the shares have to be purchased.
Click to expand...
ah yes, the interest, that's the one. And shorted to 138% means that 138% of shares that exist have been borrowed, which whilst baffling to me isnt actually illegal in itself?

so lot's other folks getting richer off some interest payments.

do you have any idea to the end dates? i read today but i dont think that was true. cheers
 
shemnel said:
ah yes, the interest, that's the one. And shorted to 138% means that 138% of shares that exist have been borrowed, which whilst baffling to me isnt actually illegal in itself?

so lot's other folks getting richer off some interest payments.

do you have any idea to the end dates? i read today but i dont think that was true. cheers
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No one’s sure abs we don’t know how much of that 138% are new shorts bought at 500 USD etc with expiry dates of a month from now for example.
 
SWP's back said:
No one’s sure abs we don’t know how much of that 138% are new shorts bought at 500 USD etc with expiry dates of a month from now for example.
Click to expand...

It was down to 122% at one point yesterday, so I suppose the difference is mostly new shorts?
 
Its the little investors taking on a corrupt hedge fund. The hedge fund borrowed shares and then tried to deflate their value so they could buy them at half price. The investors took them on and now the hedge will have to buy at an inflated price.
 
Can anyone tell me here what "shorts" are that everyone is referring to here? Sorry I am have no idea about how stocks and shares work.
 
Shorting is a strategy used when an investor anticipates the price of a security will fall in the short term. In common practice, short sellers borrow shares of stock from an investment bank or other financial institution, paying a fee to borrow the shares while the short position is in place.
 
roy.or.r said:
Can anyone tell me here what "shorts" are that everyone is referring to here? Sorry I am have no idea about how stocks and shares work.
Click to expand...

As above, enter a contract where you borrow the stock and sell it. And buy it back and return it after a set time. Its a mechanism where you make money when it drops in value.
 
jonmcity said:
Shorting is a strategy used when an investor anticipates the price of a security will fall in the short term. In common practice, short sellers borrow shares of stock from an investment bank or other financial institution, paying a fee to borrow the shares while the short position is in place.
Click to expand...
Cheers.
 
The Greatest Trades In Wall Street History Jesse Livermore shorted the 1929 market crash and made $100 million. Paul Tudor Jones made an estimated $100 million when he predicted Black Monday in 1987 and shorted the stock market. Andy Krieger shorted the Kiwi in the late 80s and made $300 million.
 
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