Current Events > CNBC immediately cuts off guest saying shorts are covering GME

(+) Yeah! (+)

Video in link

https://www.reddit.com/r/Superstonk/comments/x0o988/cnbc_cuts_off_guest_immediately_for_mentioning/

Does this mean the squeeze will be squozed soon!?

Lol they didn't even have a reason... Just said they had to go 5 second after asking her a question

Everything is conspiracy when it comes to GameStop

DarkRoast posted...

Everything is conspiracy when it comes to GameStop

Ok so why did they cut her off?

WingsOfGood posted...

Ok so why did they cut her off?

Because they're in cahoots with Citadel and I dunno George Soros and the Illuminati .

Seriously, you need to get off of Wallstreetbets.

DarkRoast posted...

Because they're in cahoots with Citadel and I dunno George Soros and the Illuminati .

Seriously, you need to get off of Wallstreetbets.

Wtf does George Soros or Illuminati have to do with anything?

Dat_Cracka_Jax posted...

Lol they didn't even have a reason... Just said they had to go 5 second after asking her a question

She was shocked then amused.

She knew exactly what was going down. Lol

WingsOfGood posted...

She was shocked then amused.

She knew exactly what was going down. Lol

I'd like to know the time that this occurred. They could have horribly managed the clock and been up against a hard break. Sounds like a new program was going to be on after the break

Dat_Cracka_Jax posted...

I'd like to know the time that this occurred. They could have horribly managed the clock and been up against a hard break. Sounds like a new program was going to be on after the break

Hmm maybe I will do some digging but fyi

This happened before in discussion of GME.

Just a coincidence ofc ... right?

WingsOfGood posted...

Hmm maybe I will do some digging but fyi

This happened before in discussion of GME.

Just a coincidence ofc ... right?

Yes actually

Dat_Cracka_Jax posted...

I'd like to know the time that this occurred. They could have horribly managed the clock and been up against a hard break. Sounds like a new program was going to be on after the break

so time in video say 8:43 am

this was today broadcast

so timezone is where ever cnbc hq is which means this happened at 8:43am EDT

All diamond hands means is you can't let go of the bag you're holding.

GME is never going to be worth $300+ again. That was the short squeeze and you missed it.

Imagine actually thinking there's a global conspiracy to protect people shorting GameStop

I don't get it, so the narrative was that the shorts didn't cover, but now they're saying they covered/covering? So bagholders for life huh? Recent price action must be retail selling off then since shorts covering means stock price goes up

https://www.cnbc.com/2022/08/09/dont-bet-against-short-sellers-in-this-market-jim-cramer-warns.html

Dont bet against short sellers in this market, Jim Cramer warns

CNBCs Jim Cramer on Tuesday warned investors to avoid buying money-losing stocks in a bet against short sellers.
The market went in favor of short-sellers on Tuesday after the major indices fell. The market teetered earlier in the day as it digested disappointing financial reports from companies and prepared for key inflation numbers later this week.

In a market thats presenting you with ample opportunities to lose money, I cant endorse buying these money-losing stocks in the hope of engineering a short squeeze. Sooner or later, you end up with a day like today where that tactic just blows up in your face, the Mad Money host said.

Just a sample of how INVESTED the cnbc execs are into the shorting of GME.

that is, there is no grand conspiracy, just that someone there has money invested and doesn't want people rallying

ToPoPO posted...

I don't get it, so the narrative was that the shorts didn't cover, but now they're saying they covered/covering? So bagholders for life huh? Recent price action must be retail selling off then since shorts covering means stock price goes up

we don't know what the woman was going to say because she got cutoff but from what I can tell in the short clip is she is saying that GME is green today because of some form of covering or maybe she meant that last week when it hit $40+ again

but no, the narrative is not that they have covered yet and that is infact matter of public record from the congressional hearings that they did infact not cover when they claimed they did

Aside from them losing hundreds of millions and their NFT store actually losing money, I'd say GME has a bright future.

DarkRoast posted...

Aside from them losing hundreds of millions and their NFT store actually losing money, I'd say GME has a bright future.

I really don't why you are so invested into this.
Are you really shorting it or something?

You post like you are desperately trying to convince people that the squeeze was a hoax, that the shorters didn't overleverage, that all we should consider with BLINDERS on is GME financials and not any other context or event that gives us other information.
Which if you put on blinders would explain why you think this is a conspiracy and shout about George Soros when infact all the details are confirmed making this not a conspiracy and confirmed by liberals like John Stewart and not far right nuts. People like Stewart who check actual facts and do real journalism.

Ok

Tyranthraxus posted...

All diamond hands means is you can't let go of the bag you're holding.

GME is never going to be worth $300+ again. That was the short squeeze and you missed it.

Perhaps but it doesn't mean the debacle is over as we find more every few months such as the DTCC not faithfully implementing the dividend split and regulators in other countries calling them out.

This is beyond the point of excused ignorance that some have regarding it. If you don't care about the corruption it exposes then why talk down to others who do and just repeat the same stupid things about bag holding?

I am not talking about you in particular because I know you haven't been like that in the other threads I am discussing in general.

Topic title nor contents even discussed GME going up or anything fyi. This topic is to admire that a giant media corporation is scared for a guest to mention shorts covering.

WingsOfGood posted...

Perhaps but it doesn't mean the debacle is over as we find more every few months such as the DTCC not faithfully implementing the dividend split and regulators in other countries calling them out.

This is beyond the point of excused ignorance that some have regarding it. If you don't care about the corruption it exposes then why talk down to others who do and just repeat the same stupid things about bag holding?

I am not talking about you in particular because I know you haven't been like that in the other threads I am discussing in general.

Topic title nor contents even discussed GME going up or anything fyi. This topic is to admire that a giant media corporation is scared for a guest to mention shorts covering.

Fraud is the nature of the business of course but I find it highly skeptical that a properly executed dividend split would have had a impact on stock price in either direction.

Two different hedge funds went bankrupt over GME. That means those shorts are closed. Citadel lost 9 billion dollars. Probably not 100% GME but the act of losing money means their shitty positions are being closed to cut losses.

If there's a conspiracy to keep GME down then they are really bad at it because they keep losing money. Just because you aren't making money doesn't mean someone else isn't losing money.

lol GME

What is shorts covering?

DarkRoast posted...

Ok

Are you financially invested in wanting to see Gamestop fail, or are you wanting to cement your hopeful right to declare "I told you so"? Your dedication seems to indicate it can only be one of these.

aurlen posted...

Are you financially invested in wanting to see Gamestop fail, or are you wanting to cement your hopeful right to declare "I told you so"? Your dedication seems to indicate it can only be one of these.

Sus isn't it?

Tyranthraxus posted...

All diamond hands means is you can't let go of the bag you're holding.

GME is never going to be worth $300+ again. That was the short squeeze and you missed it.

It's $29 now, diamond hands are needed more than ever

https://gamefaqs.gamespot.com/a/user_image/7/8/9/AAPWHiAADno1.jpg

Man, you could have made a killing if you were shorting GME.

Jim Cramer is in the business of shilling his holdings on a daily basis.

aurlen posted...

Are you financially invested in wanting to see Gamestop fail, or are you wanting to cement your hopeful right to declare "I told you so"? Your dedication seems to indicate it can only be one of these.

@darkroast please respond

aurlen posted...

@darkroast please respond

I don't like people supporting and/or falling for pump and dump schemes. And that is what meme stocks are. It's just speculation until someone pulls out, rinse and repeat. There is no greater purpose. Just someone convincing a bunch of suckers to invest so they can sell.

Honestly any gamer knows that GameStop is a a terrible investment. They have been a bottom tier company for literal decades now.

It's going to drop below $27 now

I watch CNBC daily in the morning before going to work; they often cut off guests when faced with ad breaks (it was 8:57 in the clip) or an earnings report come out