ST Alpha - "looks like dogecoin is trying to get on the reddit game -- (link)" (Reading a Post)

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looks like dogecoin is trying to get on the reddit game -- (link)

Posted by zeitgeist Jan 28 '21, 01:20

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https://twitter.com/search?q=%23dogecoin&src=trend_click&vertical=trends (twitter.com)

Responses:

I'm kind of shocked that people (scammers) haven't been using Reddit or other sites to pump and dump stocks already. this can't be the first time - Beaker Jan 28, 04:08 18
- I don't think it's coincidence that it happened just weeks after Jan. 6th. - Max Jan 28, 04:48 5
  - This has been building for like a year and a half, it finally just hit critical mass -- (link) - Reagen Jan 28, 05:04 4
    - (Reader mode is your friend) - Reagen Jan 28, 05:07 2
      - Somehow I don't think it's the guy that made $750 that truly drove the price. (NM) - Marlowe Jan 28, 05:30 1
        
        In no way. Hedge fund guys are looking for scapegoats for why they got caught with their pants around their ankles. -- nm - Reagen Jan 28, 05:37
    - c&p article please? -- nm - Beaker Jan 28, 05:05
- hotcopper for Australian stocks. I’m sure there are others. Usually they stick to penny dreadfuls, easier to swing. -- nm - mafic Jan 28, 04:15 11
  - the Gamestop makes sense at the start. with 136% shorted, eventually it would tick up when they started covering; I think the shorters assumed -- (edited) - Beaker Jan 28, 04:21 10
    - I have a question, how can something be more than 100% shorted? -- nm - ty97 Jan 28, 04:24 9
      - You can chain short sellers to create more shares. - spamlet Jan 28, 05:06 2
        
        You've really let yourself go, Margot Robbie in a bubble bath -- nm - con_carne Jan 28, 05:32 1
        
        +10 Qale Points -- nm - Qale Jan 28, 07:18
      - this is a reddit post from 4 days ago on the subject (no idea if accurate, but appears to make sense) - Beaker Jan 28, 04:29 5
        
        First set of options expire tomorrow. Should be interesting. -- nm - Reagen Jan 28, 04:39 3
        
        ELI5 -- nm - ty97 Jan 28, 05:26 2
        
        When an option expires you have to make the choice to exercise it or let it expire worthless - Reagen Jan 28, 05:36 1
        
        (There's people with options to buy at 0.50 ...like fuck you're not gonna execute that if you can) -- nm - Reagen Jan 28, 05:59
        
        another thing I found, ties into the greed mentioned in the above post - Beaker Jan 28, 04:32

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