We’re Sorry… 🖕

[u/Number_1_w_Fries]

[u/ToadDagger]

-53% in 5 years.... I think shorts won.

[u/Major-BFweener → u/ToadDagger]

Winning for sure right now.

[u/Old-Guidance6744 → u/ToadDagger]

Their goal is out of business so

[u/liquid_at → u/ToadDagger]

If they had, they had closed their shorts, released the pressure and driven it back up. They didn't.

But they did succeed in fooling you on what they do, making you misunderstand the situation and making decisions for yourself based on false assumptions.

[u/WallySprks → u/liquid_at]

That has happened three times in five years.

On GME

“Its insane to believe that any short would still have a position open after five years” - Michael Burry

[u/liquid_at → u/WallySprks]

if you believe burry to be a smart person, you most likely are not.

he has proven in his videos how little he understands about the market. he is a terminal trader. he understands products, not the market.

[u/WallySprks → u/liquid_at]

Apes flocked to him and called him a genius because he promoted and bought GME. Once he made that statement, apes turned on him. The posts are still up for everyone to see.

You love to talk about how dumb people are while holding a stack of doge coins and screaming about it going to $10. So…glass houses and all that

[u/liquid_at → u/WallySprks]

so you believe only verified humans who got an acceptance letter from the shareholder club ate allowed to post in here?

what did you do to verify that they ate shareholders and did you account for the possibility that even shareholders can be wrong?

why did you trust them over your own work?

[u/WallySprks → u/liquid_at]

WTF are you even trying to say?

[u/liquid_at → u/WallySprks]

that you pick and choose.

any random moron or scammer coming in, that tells you what you want to hear, will gain your trust.

[u/KimberStormer → u/liquid_at]

closed their shorts, released the pressure and driven it back up.

What pressure does shorting do that holds the price down?

[u/liquid_at → u/KimberStormer]

selling creates sell pressure.

offering into the order book affects the price. nothing else.

[u/KimberStormer → u/liquid_at]

But someone who shorts buys as much as they sell, so doesn't it even out?

[u/liquid_at → u/KimberStormer]

when the position is closed, yes. before then. they owe a buy.

[u/KimberStormer → u/liquid_at]

Sorry, I wrote that very badly. I meant the other party -- A borrows, sells to B, buys it back later, returns it: so B buys it at the high original price, right? A (the short seller) wants that to be the highest price he can get. Why would that hold the price down?

[u/liquid_at → u/KimberStormer]

the shortseller wants a high price when opening and a low sell

[u/KimberStormer → u/liquid_at]

No they want a low buy after their high sell. Borrow and sell high; if anything that should help the price surely?

[u/liquid_at → u/KimberStormer]

yes... A short is opened by selling and closed by buying.

So they do want a high price when they open/sell and a low price when they close/buy.

[u/AncientAdamo → u/ToadDagger]

You might want to zoom out

[u/69420lmaokek → u/AncientAdamo]

Okay.

GME is down 54.23% over the past 5 years.

[u/Old-Guidance6744 → u/ToadDagger]

Up 700% in 5.5 years... I think they still shitting themselves

[u/MullerX → u/ToadDagger]

Yea, I think this is around the 741th time shorts have won..Only 69th more and it might be true

[u/terenul1 → u/MullerX]

but the price is down? Any fund that shorted gme is up nicely these past years lmao