huh? You need a buyer and seller to trade. Short selling isn’t illegal. Naked short selling is and is easily traced because the computers know if you have borrowed it or not. This isn’t something you can do and no one will figure out. how can they hold 200 percent of the float? They can’t own over 100 percent by definition. Are you confusing volume with float?
The algorithms can absolutely track sentiment. If they see trades coming from certain institutions they know retail sentiment well and retail investors are almost always wrong.
yup this is why the institutions will always win. Your little guy just doesn’t have the capital to make those trades profitably
And that is shitty AI compared to what some of these companies are putting out for more serious things.
I do not doubt this at all. We will eventually be relying almost solely on AI/algorithms. I think humans can still curb it.
Show me when they've been wrong. I don't follow them, I know who they are but they are not gilding my light. That said, show me their failures and post your W's. Let's compare the two.
The narrative that WSB is sticking it to the hedgies is patently false. While 1 or 2 hedge funds might go under, the rest of them are doing better than ever. In fact the people that get the most delight out of hedge funds going under are other hedge funds. At the end of the day when the meme stocks return to a coherent valuation the people left holding the bag will be the WSB crowd. It's why pre-GME the big thing on that board was posting loss porn, because they're all retards. This is the same group of people that were buying Hertz stock after they declared bankruptcy, because they didn't understand that those shares were worth $0.00. Businesses that were dying before COVID aren't going to suddenly turn it around and certainly aren't worth -200x forward P/E today. I'm boring. I index invest and pick 3 or 4 single stocks at any given time, because an average 10% YOY return over the course of my life will have me retiring with more money than I should need before I die. Meanwhile the WSB crowd trading meme stocks on margin or through loans, buying FDs, and trying to pump and dump will be bankrupt. Almost nobody outperforms the overall market over a long period of time. You might win here or there, but the S&P is very hard to beat over 20/30 years.
I'm the least bit interested in WSB. I'm very interested in 100% utilization, with a short interest rate floating 20 percent. WSB might be a gang of morons, all 10 million of them, but the numbers are what they are in regards to AMC. Hedge funds [uck fay]ed up. People learned and now there is hell to pay.
I haven't watched SNL in 20 years. When did it get so bad? The only person I recognized was Keenan Thompson, and I remember him from All That. SNL was a kingmaker in comedy. None of tbose folks are funny.