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I won’t lie. I get being a professional trader comes with friends and what not messaging and calling you regarding anything that happens in the markets. I get it. That’s the part of the job no one talks about. So here it goes, my take on $GME and the shit that took place this
Week. First and foremost. To the “investor” in GME. Your a idiot. No seriously. You invested in a shitty business with no imagination and no plan to develop a new plan for our current world. You literally bought blockbuster hoping VHS was coming back. So now, if you long for sub
$10 and your standing up and shouting “hold the line” “fuck Wall Street” your a dumbass, sorry. But you are. Take your fucking lotto win and shut the ever living fuck up. No one cares about your crusade to go after wallstreet. You made huge return. Be thankful, tuck it, and
Shit the hell up............ok, that’s out of the way. Second part. We have seen short squeezes before. This is nothing new, is it completely wild? Yes, my goodness I traded 200 OTM option and made money I had no reason making. But here’s the thing. Wall Street is a dirty game
You won’t change it. No one will. Short squeezes are half the time planned. Some back door, cayman island bullshit. Melvin carries heavy short, gets squeezed, gets blown up, everyone cheers....they take their new jet down to a beautiful island and live off the billions in their
New found offshore account. (Prob Bitcoin now....go all in) but seriously, dealers, market makers the whole fucking game is meant to get more rich. Rarely lose. Stop caring. You think that the government is going to lock up and arrest hedge fund or Wall Street banks? Really?
Fuck me, go watch the big short, go look at any point in history where banks did illegal shit...what happens? They get bailed out or more money. So stop, stop with the hold this or that line. Stop with the fucking circle jerk we beat wall street media frenzy. Retail didn’t pump
Billions through GME. They didn’t, sorry to tell you if you believe it’s true. Short squeezes happen when a fund or funds get offside and the word is out to other REAL FUCKING MONEY. Moral of this rant, stay in your lane, take what you can, smile, say thank you, and look for
Your next opp. Don’t go all William Wallace. We are trying to extract money from a corrupt game, stop caring, start extracting.
