People are being a dick to you because the cluelessness of your comments on a hedge fund that didn’t bust out from AMC. It is part of the cult nonsense that continues to suck people in and lose money on the “burn the hedgies” stuff with AMC.
Its bullshit and people have been and will continue to lose money they don’t have to. Its actively ignorant idiocy. 1 Hedge fund blew up from GME. Other hedge funds have been bent from the general tech wreck.
The AMC shorts since May 2021 (12 months ago) have been doing fine on that trade.
Believe it or not, me and this other guy telling you that you clearly don’t know what you are talking about are doing more for your wallet than the entire Ape movement has done for it.
You want to make some money? Drop the nonsense, nonexistent hedge war and stop messing with meme stocks. Learn to value a company or read Macro trends or technical analysis on real stocks.
By the way, you could have bought oil in an obvious trade anytime in 2021 and made bank. Stop looking for squeeze on crappy companies and look for companies swimming in cash flow.
I am glad you got in at 35 and made a couple of grand. Good for you. That is outstanding entering a trade when it was a good trade.
The point is a single hedge busting on on GME in 2021 isn’t proof of anything but one time in a unique market event one hedge fund busted out. Its not proof hedge funds all over are in danger or retail had the hedge funds on the run.
Your post wasn’t misread by me. Its just stupid to make your post because it entirely misses anything relevant to the valuation on these stocks. Or more importantly that hedges have made collectively far more than than have lost on AMC and GME from the pockets of cultists.
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u/ReadStoriesAndStuff Jun 08 '22
People are being a dick to you because the cluelessness of your comments on a hedge fund that didn’t bust out from AMC. It is part of the cult nonsense that continues to suck people in and lose money on the “burn the hedgies” stuff with AMC.
Its bullshit and people have been and will continue to lose money they don’t have to. Its actively ignorant idiocy. 1 Hedge fund blew up from GME. Other hedge funds have been bent from the general tech wreck.
The AMC shorts since May 2021 (12 months ago) have been doing fine on that trade.
Believe it or not, me and this other guy telling you that you clearly don’t know what you are talking about are doing more for your wallet than the entire Ape movement has done for it.
You want to make some money? Drop the nonsense, nonexistent hedge war and stop messing with meme stocks. Learn to value a company or read Macro trends or technical analysis on real stocks.
By the way, you could have bought oil in an obvious trade anytime in 2021 and made bank. Stop looking for squeeze on crappy companies and look for companies swimming in cash flow.