Comments by "Kong" (@Koushi82) on "Melvin Capital CIO at GameStop hearing: Reddit traders exploited opportunity around short interest" video.

risking the whole economy to make money 140% of a company? yeah no. go to jail. bye. everyone involved that knew the risks deserve to go bankrupt. they knew and colluded and asked RH to turn off the buy button. NOPE. go bankrupt get liquidated. forced liquidation
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@Lermumu Dude calm down. lets just say this. -We do not like HF in general due to 2008 as they stole from most of us, as they get bailed out and we get screwed -Next point. He didn't do correct risk management and it went over 140% of float so he left himself wide open to be short squeezed he was just asking for it. -these short sellers basically created a black swan black hole event for the stock market systemic risk as the Chairman from Interactive brokers Thomas Peterffy described it. -it would have cost trillions even to resolve the systemic risk that these HF took and risked the whole economy and stock market to save a few billion dollars. They should have all went bankrupt. RH, Melvin Capital, Citadel and all the players involved. -next there is evidence they are still conducting naked shorting in alternative means with loopholes. XRT is shorted by 180% right now and 80% of the etf is redeemed and thrown away to extract GME shares for the HF to cover some FTD shares temporarily buying them time. -If these idiot HF are still naked short. Perhaps they should negotiate with GME shareholders and give GME 100-200 billion dollars to save the economy. Thomas Peterffy already said it would have went into the thousands or infinity. We are still not out of the woods yet thanks to these HF. We really need to jail and liquidate them completely to pay for all this mess they created. They basically were committing financial terrorism, yes these HF are terrorists. Putting our whole country at risk for a few billion dollars. We have the right to jail and put hate on them. -no one cares that he is a Jew stop culture/religion baiting. I DO NOT CARE anyway. Moral character is more important than your religion. Your religion doesn't matter if you are a Jew or not. If you are scum you are scum if you are good then you are good. God forgiving you for being a horrible human being still makes you a horrible human being. -Yeah we do not know them, we do not know what they are thinking what we do know is they screwed up and won't admit to it. Making them ever more deserving of the hate. JEW OR NO JEW.
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@user-ue8vp6fy8y big risk to make money? YOUR RISK NOT THE WHOLE F ECONOMY and stock market. It is your problem if you go bankrupt. You basically PASSED the risk to other parts of the economy namely the broker the exchange, the insurance and the banks a systemic risk to make money FOR YOURSELF and refusing to even pay TAXES. Intentionally left in there by bribing our congress men and women just to avoid taxes if GME went bankrupt. If you want to pay the full price of this short squeeze it would be in the trillions. If you naked short prepare to be short squeezed as well. It is your own fault for conducting illegal activities. basically naked shorting is illegal for a reason. And all these guys colluded to Do just that using loopholes to do it. Win some lose some? when you conduct market manipulation it is illegal. Redditors did nothing wrong. These HF that asked friends to bail them out by cheating did do something wrong. front running by looking at order flows then naked shorting and then asking RH + other brokers to close off trades that would have destroyed them. Cheating at it's finest. The cost to cover GME could have went into the trillions. Every GME shareholder needs to be compensated 420.69 or double that to them as punishment for their farce. Otherwise let the short squeeze happen if it does happen again. And also btw liquidate Melvin Capital and all shorts involved to find the real figure that GME share holders are owed without destroying the economy.
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@Lermumu You forget it is congress collusion with TBTF banks that eased the restrictions on borrowing and IDC what you say about the people you consider plebs and dumb retail sheep. YES that is right RENT/PROPERTY IS TOO DAMN HIGH. whose fault is it? yep that is right the federal reserve the elites TBTF BANKs CONTROL don't give us BS about that they do not favor the elites tbtf. Elites have conducted class warfare on the people for over 100 years or since inception. So as for hedgefund? HEDGE? SOOO how did he lose 50% of his portfolio in 1 day. DID he not buy calls to hedge his upside risk? WAIT that is right HE DID NOT. NOW I See some shorts buying 800 dollar strike contracts to keep shorting better than before but still laughable. So basically just in case GME goes to 800 dollars. I See the open interest and shorts are opening more 800 dollar strike call options. You better not think I'm just another dumb retail that doesn't know how this market works. Dumb rich arrogant elites. HF are pretty dumb right now they need to rely on cheats and insider trading/info to win. You lost now take the L and move on. breaking laws and bending them asking friends in congress and SEC will make the people even more mad. DO you really want to risk trillions to win in GME? Seriously? I call HF financial terrorists. NO hedge but call themselves hedge funds BS.
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@Lermumu oh I finally baited you to admit that. Lots of people know the game. We can still win easily because we recognize the fraud In the system that all of you abuse. We don't expect anything so we use it to our advantage and find ways to avoid you hf from stealing from us. Remember the bloomberg article about hft on goldman sachs article in 2008/2009? Yeah they complained the code stolen by the coder can manipulate the stock market. And that is exactly what all hft are doing to skim profits. In the meantime you all pretend it's not insider trading and front running. Lmao it's been more than 10 yrs that has been proven to be front running by anyone reasonable except the hf that conduct hft. Oops. congress that were bribed to leave you alone and keep it legal. Liquidity my ass.
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