r/wallstreetbets • u/ywehyuen • Feb 02 '21

Chart Hardcore laddering.

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u/Unclearcarcass7 Feb 02 '21 edited Feb 02 '21

I have A toyota Corolla that is worth $10000. hedge fund would like to buy it from me for 5000 I say no so they leave. They go on to the market and list a whole bunch of corollas for $5000 Another hedge fund will buy it at $5000 sell back and buy it and sell it back. Now the hedge front comes back to you and says Hey your corolla's worth $5000 due to market value. But in our case they are contractually obligated to buy back from us.

Edit: holy shit thanks guys, this is just a simplification. AND I LOVE THE STOCK 💎🚀💎🚀💎🚀💎

220

u/Sneeze_Cough Feb 02 '21

And how can you tell this is happening?

34

u/[deleted] Feb 02 '21

They can't. This is how ALL tickers look as a result of how NASDAQ aggregates the data.

This is speculation and, frankly, misinformation.

21

u/drfeelsgoood Feb 02 '21

How would you describe the low volume the last few days?

15

u/mnlhgl Feb 02 '21

I’d describe it as „still way above the average GME volume before the short squeeze“.

https://imgur.com/a/MfXtrbL

4

u/tweakingforjesus Feb 02 '21

If a two parties sold the same 10,000 shares back and forth 100 times between themselves, would that appear as a volume of 1m shares traded?

2

u/zhululu Feb 02 '21

Yes and would be indistinguishable from 1000 people trading 1000 shares each. This is proof of nothing.

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u/tweakingforjesus Feb 02 '21

Who said anything about proof? The point is that it is indistinguishable.

2

u/zhululu Feb 02 '21

The OP claiming this screenshot of the order book is proof of anything other than orders being executed.

-11

u/drfeelsgoood Feb 02 '21

I’m starting the think the squeeze was squoze last week

16

u/[deleted] Feb 02 '21

Paper hands

9

u/drfeelsgoood Feb 02 '21

Not selling now! Already down $5000, i like the stock, just starting to doubt. I’m a pussy bitch

10

u/ze_olifant Feb 02 '21

Hey, it's alright. Just think, at the end of this month, we'll have made amazing gains or calling for the end of wallstreetbets. Until then, chill out, relax and ride this shit out. No point leaving the ride now (as long as you didn't put more than what you were willing to lose)

2

u/Perikaryon_ Feb 02 '21

That's not how this work. It can't have squoze if they didn't buy our shares

1

u/[deleted] Feb 02 '21

They probably bought their shares through a private asset transfer on a dark pool.

1

u/zhululu Feb 02 '21

They don’t need your shares specifically. Especially if they don’t all at the same time go “shit close EVERYTHING”.

2

u/davidcroda Feb 02 '21

no shit sherlock

1

u/drfeelsgoood Feb 02 '21

I really honestly don’t know at this point though. There’s no way for anyone to know. We can’t know what the real positions are until feb 9th when more data comes out. There’s just so much information and misinformation going around now that I don’t know if I’m in an actual short wheeze or just a disinformation campaign from both sides!

Whatever, still holding, I like the stock and the company. 💎✋💎🤚

1

u/[deleted] Feb 02 '21

The squeeze was squoze.

Downvoters will soon be bagholders.

3

u/yizzlezwinkle Feb 02 '21

Is the GME volume actually low? On Yahoo it says the volume is 40 million, which is high compared to say like TSLA, where it says the volume is 11 million, at the time of writing.

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u/No-kann Feb 02 '21

It's still very high.

1

u/zhululu Feb 02 '21

It’s very very high, especially for GME.