• Pat Flood (@rebarcock) passed away 9/21/25. Pat played a huge role in encouraging the devolopmemt of this site and donated the very first dollar to get it started. Check the thread at the top of the board for the obituary and please feel free to pay your respects there. I am going to get all the content from that thread over to his family so they can see how many people really cared for Pat outside of what they ever knew. Pat loved to tell stories and always wanted everyone else to tell stories. I think a great way we can honor Pat is to tell a story in his thread (also pinned at the top of the board).

Master Thread Dance Your Cares Away/Fraggle/Law Abiding Citizens

Master Threads
AuburnGal98 said:
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tenor.gif
 
America_1st said:
The answer has little to do with GameStop, nothing to do with video games, and a lot to do with a Reddit forum dedicated to playing the stock market.

The forum, named Wall Street Bets, has over 2 million members, and it's the collective action of those members that appears to be driving up the value of GameStop's stock. Simply put: As more people buy the stock, its price increases. And there's no signs of that collective action stopping anytime soon.

"GME has bounced and is once again at $225," one thread in the Reddit forum said on Wednesday morning. "Hold strong boys ... we will take GME to $1,000."

Another thread urged users not to sell and to remove their $1,000 price limit, which would automatically trigger sales.

"GME will stay going until WE sell. Do not f---ing sell boys, $1,000 was the original target but nothing is stopping this from getting to $5,000 but us," it said. "It sounds like a meme but it isn't. Hold on tight and make father Musk proud!"

More than anything else, the prevailing theme in Wall Street Bets is collective power - enough collective power to push back on the hedge funds and analysts that predicted GameStop's stock would never reach such heights.

"FOR ALL THE BIG F---ING HEDGE FUNDS MONITORING US, THIS IS A MESSAGE FROM US TO YOU, WE F---ING OWN YOU NOW, F---. YOU. GO BUY THE F---ING NEWS. LIKE AND COMMENT SO THEY SEE THIS POST. F--- YOU MELVIN CAPITAL. F--- YOU CITRON RESEARCH. YOU HAVEN'T CLOSED S---. THIS IS GONNA GO DOWN IN HISTORY," one such post said.
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This, plus the main trigger for the run is to fuck all of the hedge funds that have shorted this stock. The number of short sellers in this stock (people borrow the shares from the owners and sell the stock to get short....hoping the security falls in value. They then buy the stock back to cover their short and give back the borrowed shares) is astronomical. The “float” is the number of shares outstanding in the market. Right now the number of shorted shares is 139% of float, so you actually have not borrowed shorts, which is “illegal” in the eyes of the SEC (it just means more..ha).

The WSB Reddit posse is running the price of shares up to fuck those short, forcing them to buy back their shares at a higher price, thus losing money. It has gotten so out of hand now that Broker/Dealers are forcing those short to cover the losses, adding more upside possibilities.
 
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America_1st said:
This is good onfor to share.

I wish I had the kinda cash right now but Ralph and the state of Virginia are doing me dirty still (shocker 🙄)!
Click to expand...

www.marketwatch.com

It isn't just GameStop: Here are some of the other heavily shorted stocks shooting higher

The dynamic that has seemingly contributed to a short squeeze in the stock of videogame retailer GameStop Corp. also appears to be affecting shares in a host of other heavily shorted companies.
www.marketwatch.com www.marketwatch.com

Wallstreet not liking this at all.....
 
Nape said:
This, plus the main trigger for the run is to fuck all of the hedge funds that have shorted this stock. The number of short sellers in this stock (people borrow the shares from the owners and sell the stock to get short....hoping the security falls in value. They then buy the stock back to cover their short and give back the borrowed shares) is astronomical. The “float” is the number of shares outstanding in the market. Right now the number of shorted shares is 139% of float, so you actually have I borrowed shorts, which is “illegal” in the eyes of the SEC (it just means more..ha).

The WSB Reddit posse is running the price of shares up to fuck those short, forcing them to buy back their shares at a higher price, thus losing money. It has gotten so out of hand now that Broker/Dealers are forcing those short to cover the losses, adding more upside possibilities.
Click to expand...
I went in and bought AMC stock and have already seen a gain.
 
Npklee said:
Yes and no. That would technically be an illegal pump and dump. This was different.

Melvin Capital kept borrowing and borrowing shares to short. Eventually they borrowed so many that like 70M shares were short. The problem there were only 50M in circulation. As long as the price goes down they are ok and can pay them all back over time reversing how they bought that many. Had GME gone bankrupt they would have pocketed all of the money.

The problem is WSB and others figured out they owe more shares than are available. So they sell 70M shares for say $2.8B when the stock is $40. Well the price goes to $100 and they owe 70M shares back. The lender sees this and doesn't want all that risk out there and wants some money back. There are only 50M shares. They can't possibly pay them all back right now. They would take a $2.2B loss buying the 50M at $100 and still owe 20M shares.

Price is now $350. It'll cost them $24.5B to buy the 70M shares. But there are only 50M remember and they only have 2.8B in cash from the sale.
Click to expand...
sounds like a recipe for #suicide weekend
 
AmericanViking said:
Not me. I wish like hell that was how I made my living. I am a complete retard when it comes to playing stocks. But if this Reddit group isn’t doing anything illegal I’d like to start buying what they target then sell after making some damned good money.

The elites are going to be pissed and they will find a way to make them working together a crime. I’m sure of it. But I would really like to learn how to make a living on the stock market eventually.

I have the ability in my current job to do some day trading but I don’t have a ton of CoH nor do I know shit about reading the market.
Click to expand...
When you fuck with Rich people they will find a way to get you. See Bernie Madoff
 
Torn on GME and what the reddit forum has done. Yes, it's funny to an extent if you want to crush a hedge fund. But short selling is no different than buying a stock. You short based on fundamentals believing it will continue to go down. In this case, GME is not a good bet. Brick and mortar store for a product that doesn't require it. There's a reason it had so much short interest. Yes, they torpedoed a hedge fund - but more than likely also really ruined some average joes in the process. Imagine being an average trader with a good trade on (short GME) and getting ruined by a totally artificial spike. Yes, it happens all the time - but not in the same ball park as GME.
 
America_1st said:
I need it spoon fed to me.

That's still to high level most times lol.
Click to expand...

Big wall street will have these dudes shut down I guarantee it
Some will make money most will lose their ass. I’ve been in the stock market arena for 18 years.
No way big business will let this stand. I also think the market will collapse in the next six months. We shall see
apnews.com

In duel with small investors over GameStop, big funds blink

Across most of America, GameStop is just a place to buy a video game. On Wall Street, though, it's become a battleground where swarms of smaller investors see themselves making an epic stand against the 1%.
apnews.com apnews.com
 
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CJB1950 said:
Torn on GME and what the reddit forum has done. Yes, it's funny to an extent if you want to crush a hedge fund. But short selling is no different than buying a stock. You short based on fundamentals believing it will continue to go down. In this case, GME is not a good bet. Brick and mortar store for a product that doesn't require it. There's a reason it had so much short interest. Yes, they torpedoed a hedge fund - but more than likely also really ruined some average joes in the process. Imagine being an average trader with a good trade on (short GME) and getting ruined by a totally artificial spike. Yes, it happens all the time - but not in the same ball park as GME.
Click to expand...
Shoulda been in gold.

Kidding. Kinda...
 
CJB1950 said:
Torn on GME and what the reddit forum has done. Yes, it's funny to an extent if you want to crush a hedge fund. But short selling is no different than buying a stock. You short based on fundamentals believing it will continue to go down. In this case, GME is not a good bet. Brick and mortar store for a product that doesn't require it. There's a reason it had so much short interest. Yes, they torpedoed a hedge fund - but more than likely also really ruined some average joes in the process. Imagine being an average trader with a good trade on (short GME) and getting ruined by a totally artificial spike. Yes, it happens all the time - but not in the same ball park as GME.
Click to expand...
If someone doesn’t understand what shorting is they have no business doing it.

buying stocks = max loss potential is your original investment

shorting = unlimited loss potential
 

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