Wallstreetbets claiming that if GME stays in the green there will be an even bigger short squeeze? Anybody have knowledge on that?
Spacs are being attacked by cnbc and you know boomers love to follow those clowns. That as well the overall market sell of is why IPOF and all spacs really dumped so much. It’s Chamath tho and this is his largest sponsor, so hype alone will likely pump this to the mid 20s when he announces even if it’s a s*** target. I mean look at what happened with both his PIPE investments today.
Good points, I also figured that on a surface level the pipes he announced could seem a little underwhelming so maybe it caused some people to sell off IPOF.
I really like Chamath and I've been wanting to invest along with him. Idk what I've been waiting for. I was thinking that even if it's not a great target it'll still be a good play, but I'm hoping (along with PSTH) that these guys do something cool. I'd like to hold it long term, especially with Chamath. He'll have an ETF or holding company eventually though.
Good points, I also figured that on a surface level the pipes he announced could seem a little underwhelming so maybe it caused some people to sell off IPOF.
I really like Chamath and I've been wanting to invest along with him. Idk what I've been waiting for. I was thinking that even if it's not a great target it'll still be a good play, but I'm hoping (along with PSTH) that these guys do something cool. I'd like to hold it long term, especially with Chamath. He'll have an ETF or holding company eventually though.
Personally, I’d sell on the announcement pop. Depending on the target of course. And I’m worried about Ackman lol , word on the street he wants subway
Wallstreetbets claiming that if GME stays in the green there will be an even bigger short squeeze? Anybody have knowledge on that?
Theoretically sure because even more shorts will want to cover. But these shorters are institutions and I believe that they won’t cover for a while. I can easily see some offerings which will tank the price.
Thanks fam
Anything you would recommend out of these?
I'm pretty equally invested in all those not sure which one will do better
so far SNX UNI MKR AAVE have done the best but BAL is a personal favorite I think will do well
is it gonna hit $13

Personally, I’d sell on the announcement pop. Depending on the target of course. And I’m worried about Ackman lol , word on the street he wants subway
I'm hoping Chamath finds something worth holding, both of them of course but we'll see.
If Ackman buys Subway I'm selling immediately lol. I've heard that as well...we'll see.
Stocks subreddit investors got the most sophisticated hedge funds on a headlock. S*** is crazy.
wsj.com/articles/citadel-point72-to-invest-2-75-billion-into-melvin-capital-management-11611604340?mod=lead_feature_below_a_pos1
Wallstreetbets claiming that if GME stays in the green there will be an even bigger short squeeze? Anybody have knowledge on that?
Could be or they could double down on shorts
Citron got another few billion to help out
Could be or they could double down on shorts
Citron got another few billion to help out
Imagine if Reddit actually bankrupts one of these firms