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Topic	Stock Topic 16
red sox 777 01/28/21 4:07:09 PM #437:	CoolCly posted... What does that mean - stock being sold back and forth to eachother? Can this be done for low prices directly to eachother, bypassing the current market prices and preventing the public from taking them? Doesn't make sense to me that they'd be listing the stock they DO have for low prices just to inflate volume... just to have to buy back later at a higher price. No, it's on the public market. But right now, a lot of retail investors can't buy, and they aren't willing to sell. So it's as if they've turned the public market into their private-ish market. But it doesn't really change anything, because it doesn't change the fact that they've got to buy 140% of the float back, and the owners of those shares are not willing to sell at these prices. With enough market manipulation, they could theoretically keep the prices low enough to avoid margin calls indefinitely, but the problem is, shareholders also have the right to have their shares returned on demand. So that's not really a feasible way of escape. My feeling is that unless there's something else big, short sellers and their brokers are going to eat losses in the 100 billion range on GME. That's what they're staring down and why they are so brazenly doing illegal stuff that's brazen enough to get Ted Cruz, Marsha Blackburn, and AOC to agree within hours of them doing it. The alternative is they lose everything - possibly today, maybe tomorrow, very likely very soon. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:950024864] in Stock Topi... [t:79264244]...</cite> <quote>CoolCly posted... </cite> <quote>What does that mean - stock being sold back and forth to eachother? Can this be done for low prices directly to eachother, bypassing the current market prices and preventing the public from taking them? Doesn't make sense to me that they'd be listing the stock they DO have for low prices just to inflate volume... just to have to buy back later at a higher price.</quote> No, it's on the public market. But right now, a lot of retail investors can't buy, and they aren't willing to sell. So it's as if they've turned the public market into their private-ish market. But it doesn't really change anything, because it doesn't change the fact that they've got to buy 140% of the float back, and the owners of those shares are not willing to sell at these prices. With enough market manipulation, they could theoretically keep the prices low enough to avoid margin calls indefinitely, but the problem is, shareholders also have the right to have their shares returned on demand. So that's not really a feasible way of escape. My feeling is that unless there's something else big, short sellers and their brokers are going to eat losses in the 100 billion range on GME. That's what they're staring down and why they are so brazenly doing illegal stuff that's brazen enough to get Ted Cruz, Marsha Blackburn, and AOC to agree within hours of them doing it. The alternative is they lose everything - possibly today, maybe tomorrow, very likely very soon. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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