Re:GameStop Is Rage Against the Financial Machine
by llampx on Wednesday January 27, 2021 @08:26PM
(#25936883)
Any trader knows that after-hours price action does not necessarily translate or carry over into RTH. It is much easier for price to be manipulated in thin after-hours trading.
Re:GameStop Is Rage Against the Financial Machine
by delaaxe on Wednesday January 27, 2021 @08:45PM
(#25937037)
Friday has nothing to do with the shorts (not the short squeeze). Friday is about the gamma squeeze because options expire on Fridays
Re:GameStop Is Rage Against the Financial Machine
by 0xEFF on Wednesday January 27, 2021 @10:12PM
(#25937680)
One thing I’ve read is both a short squeeze and a gamma squeeze have never happened at the same time to this degree.
Is that true? I tried and failed to verify.
Re:GameStop Is Rage Against the Financial Machine
by kyawzazaw on Saturday January 30, 2021 @12:12AM
(#25966354)
That's why there are people rallying amongst themselves to hold. A significant number of shares are with people who simply does not care if they lose it all. They want the hedge funds who are shorting to bleed mostly from the interests.
Re:GameStop Is Rage Against the Financial Machine
by pivoter on Wednesday January 27, 2021 @07:47PM
(#25936546)
this aged badly.
Re:GameStop Is Rage Against the Financial Machine
by scoopertrooper on Wednesday January 27, 2021 @07:59PM
(#25936665)
I just checked it again, they're still down 15% from the market close.
Shall be an interesting week.
Edit: looks like it's already falling apart, the price is down 30% on post-market trading! Expect things to get real once the market opens up.