All things STOCKS

#7,806
#7,806
Orange_Vol1321 said:
Here is the most shorted top 20 stocks. I'm in at .52 on NAKD (75% shorted) and everybody is saying buy and hold there just like they did in GME. I watched 5K gains disappear but it isn't about the money now watching all the manipulation the past couple of days.

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I'm not a "stock hound" but I'm retired, have a decent, but managed, portfolio and some "play money" if I wish. I usually don't wish.

My concern with this "short squeeze" phenomena is not these rogue and mostly "herd following" Reddit folks but the possibility this is a blueprint for far more savvy and sinister and better capitalized players to disrupt worldwide markets.

I'm not a fan of heavy market regulation but I believe stable markets are vital to the US and the world for currency stability and social stability.

Do those of you with far better knowledge of this area think the possibility of a concerted disruption of worldwide market practices by the Chinese or Middle Eastern interests is a threat? Thanks.
 
#7,808
#7,808
SayUWantAreVOLution said:
I'm not a "stock hound" but I'm retired, have a decent, but managed, portfolio and some "play money" if I wish. I usually don't wish.

My concern with this "short squeeze" phenomena is not these rogue and mostly "herd following" Reddit folks but the possibility this is a blueprint for far more savvy and sinister and better capitalized players to disrupt worldwide markets.

I'm not a fan of heavy market regulation but I believe stable markets are vital to the US and the world for currency stability and social stability.

Do those of you with far better knowledge of this area think the possibility of a concerted disruption of worldwide market practices by the Chinese or Middle Eastern interests is a threat? Thanks.
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I think that it already happens by the big players. It’s just not transparent as it is with the Reddits. Google and Facebook are more sinister.
 
#7,811
#7,811
SayUWantAreVOLution said:
Do those of you with far better knowledge of this area think the possibility of a concerted disruption of worldwide market practices by the Chinese or Middle Eastern interests is a threat? Thanks.
Click to expand...

it's funny, really, but when you look at the shares themselves, honestly, the disruption is the market. The shares are tradeable. it is what it is. buy what you want to own. There is already widespread market manipulation, and in some cases it's pretty obvious, and this GME thing was a result of some people who are obvious manipulators. They pride themselves on it.

If you have real money, what you'd like to do is convince a large number of people to act to your advantage. You might not need a podium for that. That is, if you think everybody will buy a stock that is going up, you can make it go up for a little while just by buying it. When you bring options into it, then it's a little easier to do. That is, it doesn't take as much money. HOWEVER. Nobody has to create an option. They are created by people like me. People could just refuse if they had any sense.

I would certainly support some reforms, but I don't know enough to know how they need to be done. I just know that when there is "panic" the Fed steps in and gives Trillions of dollars to somebody. Do you know who that somebody is? It's the investment banks. They need to be forced to pay for their own anti-fragility. Alan Greenspan remarked as we headed into the GFC that the investment banks did not have the survival instinct that he thought they did. In numerous instances, a single rogue trader has brought an investment bank to its knees, and in one case actually put it out of business. That's just an indication of how simple it is for one person to lose an entire bank in the casino. it's for adults. There needs to be risk management, but each person trading is responsible until they outlaw something. "Pooling" is illegal in Australia according to the below article. Shorting is illegal a lot of places. When the internet was invented, it became possible for a bunch of small investors to band together and act as a billionaire, so it's actually been a thing for about 25 years. It's just hard to define and therefore hard to outlaw.

Check this out:
Market manipulation - Wikipedia
 
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#7,812
#7,812
Thunder Good-Oil said:
I think that it already happens by the big players. It’s just not transparent as it is with the Reddits. Google and Facebook are more sinister.
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It definitely already happens with the big players. This is exposing that markets are just a manipulated mess. The media and these funds are pissy because everyone is getting onto them. I'll take some destabilization to expose thieves.
 
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#7,813
#7,813
ButchPlz said:
It definitely already happens with the big players. This is exposing that markets are just a manipulated mess. The media and these funds are pissy because everyone is getting onto them. I'll take some destabilization to expose thieves.
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The 138% short is what is really disturbing. Also that it isn’t a bigger deal on the financial news. It’s almost like there’s a coordinated effort to focus on the Reddits instead of the hedging shorts.
 
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#7,814
#7,814
Thunder Good-Oil said:
I was there with a pretty co-worker. Nowadays that probably gets you a call from HR.
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Yep or worse than a call.

One of best scenes in a movie, Horrible Bosses. A guy is walking down the street at night and has to piss. He goes around the side of a building and pisses on the side of he building. Unfortunately he is standing on the property of a elementary school, and winds up with his name on a "sex offender" register.
 
#7,816
#7,816
Thunder Good-Oil said:
The 138% short is what is really disturbing. Also that it isn’t a bigger deal on the financial news. It’s almost like there’s a coordinated effort to focus on the Reddits instead of the hedging shorts.
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It's super disturbing. Whose stocks were loaned, too?
 
#7,817
#7,817
Thunder Good-Oil said:
I think that it already happens by the big players. It’s just not transparent as it is with the Reddits. Google and Facebook are more sinister.
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Certainly the hedge funds are manipulating the markets but what we're seeing is a new twist, I think and I'm happy to be schooled, on deliberately taking (forgive my lack of knowledge of terms) "over shorted" stocks and essentially artificially driving up the price to severely knife the profits of hedge funds that oversold shorts.

Since those hedge firms have many billions in play and have been profitable and strategic investments for some of the biggest investors in the market, the market isn't panicked but institutional investors are, as my broker said, "neither used to nor comfortable with one of their cash cows being slaughtered."

Most of the Reddit/Facebook crowd are just in a stampede for personal profit, which is relatively harmless I'd assume. My concern is an actor seeing this market weakness and exploiting it to create waves in the world market just to sew chaos.
 
#7,818
#7,818
lawgator1 said:
Honestly, if I were counsel to any social media outlet I'd have told them long ago to prohibit ANY discussion of stocks or investments on their sites. Damned if you do, and damned if you don't, and for sure will get sued if you do.
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Section 230. They shouldn’t do a dam thing else they’re opening a bigger can of worms. But there’d be lots of billable hours if they took your suggestion.
 
#7,820
#7,820
I’m back in LHX. I didn’t pay attention to the pre-open and probably could have gotten in a couple dollars better if I was watching. It traded at 9:32am. I might be owning ISRG, CCL, and ERX early next week if I don’t tweak my limit prices.
 
#7,825
#7,825
Firebirdparts said:
There is already widespread market manipulation, and in some cases it's pretty obvious, and this GME thing was a result of some people who are obvious manipulators. They pride themselves on it.

If you have real money, what you'd like to do is convince a large number of people to act to your advantage. You might not need a podium for that.

Shorting is illegal a lot of places. When the internet was invented, it became possible for a bunch of small investors to band together and act as a billionaire, so it's actually been a thing for about 25 years. It's just hard to define and therefore hard to outlaw.

Check this out:
Market manipulation - Wikipedia
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Thanks. My conversation with my broker went much like the above. It's not the manipulation that's making Wall Street upset, it's who is getting burned.

He mentioned "buzz" and BS tactics that occur to attract "moths" (his term) that make a little money for themselves and much more money for those pulling the strings.

I appreciate the insight. I'm not a fan of heavy market regulation and I'm not shedding tears for firms that have benefited from shorts for years. My concern is manipulative chaos from those who would benefit from chaos in free world markets (just as we've seen currency manipulation...... and political manipulation attempts.) Simply put, I don't trust the bastards....... and there's a lot of bastards out there.
 
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