“WSB veterans know that they're making a suicide charge for the memes”

Re:“WSB veterans know that they're making a suicide charge f... by katbyte on Tuesday February 02, 2021 @03:13PM (#26005979)

> They cannot maintain them. If they can raise funds ( which they did ) they can maintain the positions

I think at this point for a lot of people its "hold until they can't maintain, this isn't about money it's about screwing over the man!!!!" - as they say the market can remain irrational longer than you can remain solvent.

[ Parent | on HN ]

Re:“WSB veterans know that they're making a suicide charge f... by notyourday on Tuesday February 02, 2021 @03:18PM (#26006043)

"The man" is much more liquid and much more capable of raising funds to maintain its positions compared to the WSB buyers of last several days.

Margin calls after today's close are going to be brutal.

[ Parent | on HN ]

Re:“WSB veterans know that they're making a suicide charge f... by sokoloff on Tuesday February 02, 2021 @03:23PM (#26006111)

Two days ago, the view (of some) was "WSB can remain irrational longer than short-sellers can remain solvent..."

[ Parent | on HN ]

Re:“WSB veterans know that they're making a suicide charge f... by bilbo0s on Tuesday February 02, 2021 @03:57PM (#26006540)

Doesn't look like that was the case.

The people they targeted borrowed liquidity and may have even short averaged up. To be honest, in the end, the net effect of this thing may be something similar to a pump and dump.

I feel bad for the retails that are really gonna take it on the chin. At the same time, I'm sticking to my guns. We have to let all the people who lose in this thing fail, or nothing will be learned. It will need to be painful for people to be more careful in the future.

[ Parent | on HN ]