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GreyGhost said:
I doubt it. They may be biggest individual losses, but the cumulative losses the little guys take will exceed the cumulative losses of the big guys. Less of a hit per person but three or four orders of magnitude more players taking it on the chin.

As I understand it (can't bother looking it up), Gamestop is valued at 24B now. Value six weeks ago was roughly 410M (probably close to true value). So far shorts on GME have lost 5B which includes the big players and a bunch of little players. That means there is ~18.5B of phantom value hanging out in GME. That will shortly come back out and smoke most of todays robin-hood heroes.
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They shorted something like 130% of available stocks, their loss will be double digit $b, it closed at about $350 today, by Friday who knows where its going to go.
 
Wallstreetbets went private, discord server got taken down. Big yikes! Speculations on SEC intervention? Panic sell of GME tomorrow as the circlejerk comes to an end? Exciting times
 
Sebi said:
Wallstreetbets went private, discord server got taken down. Big yikes! Speculations on SEC intervention? Panic sell of GME tomorrow as the circlejerk comes to an end? Exciting times
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Cripes this will get interesting will bb fall hard as well.

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Sebi said:
Wallstreetbets went private, discord server got taken down. Big yikes! Speculations on SEC intervention? Panic sell of GME tomorrow as the circlejerk comes to an end? Exciting times
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maybe it's a good thing my orders didn't get through....
 
oh thank the lord:

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this made me lol
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george__ said:
5k split 50/50 on GMe and BB?

Yes or Noo
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Personally, I wouldn't split. It is minimal diversification as both are being driven by the exact same market insanity. They should move together for the short term. They will likely move at different speeds. Pick the one you think will win. If I am not confident enough in a stock to make a $5000 bet, I am not confident enough to be putting $2500 into it either. That is my thinking. Others are different. That helped them make seven figures today.
 
GreyGhost said:
Personally, I wouldn't split. It is minimal diversification as both are being driven by the exact same market insanity. They should move together for the short term. They will likely move at different speeds. Pick the one you think will win. If I am not confident enough in a stock to make a $5000 bet, I am not confident enough to be putting $2500 into it either. That is my thinking. Others are different. That helped them make seven figures today.
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I don't have confidence enough in either to put enough in that it would be life changing.

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After wsb discord got shut down, bonus points to those who get it:

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