Louis Rossmann
To be clear, I disagree with a lot of the people posting there and some of the investing decisions I see made there are insane. They have actually deleted posts I’ve made with suggestions that would’ve helped people not FOMO & make more money. This is not an endorsement of WSB, but an explanation of why the people criticizing them in bad faith are full of shit, in my opinion.
This video references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. I am not a licensed professional for investments, or any kind of financial services.
If you come up with a "Dick In The Cookie Jar" t-shirt, I'll buy one.
Why is short-selling legal???? Should be illegal
excellent explanation
Bulls gotta love it when companies are doing well and are undervalued, but the price keeps going down lol. Yah, those manipulators can eat sh*t. Now, "Robinhood" investors usually aren't the people that know what they're doing and are more so gambling, but you're right that a few shares from average Americans would never move the stock like that. It's definitely large covers making that happen, and that makes me happy 🙂 Now though, Gamestop can come back to earth, but I'm sure those same institutions are going to try to get their money back by shorting again at these levels. But they also manipulate everything from metals to cryptos to stocks. For the average investor, if you're looking to avoid that stick to investing or trading in stocks with massive volume.
If any of them get taken to court you should defend them 👍
Markets are awesome.
Buyers and Sellers. People spend less than they earn and invest, people borrow more than they should and lose their shirts.
Benoit Mandelbrot proved Mathematically that Governments Intervening in markets doesn't change the LONG TERM total volatility. Suppressing Volatility leads to Hypervolatility.
Louis, my man, just start a podcast already.
No ideological bent, no politics (not in general at least), just real talk about whatever.
Real Talk With Rossmann.
Nice video!
Only the small investor and pension funds are supposed to be left holding the bag. Duh.
This guy understands the markets better than most of the trust fund degens on wall st.
"a bunch of kids saw a guy stealing from a house.
and we were like no fuck that, we're reporting you"
BEST EXPLANATION EVER
plus i just happen to like the stock lol
Thank you so much for explaining short selling and the current situation. I am now 1% less ignorant about the stock market :).
OH and GME TO THE MOON
But this is how the MSM operate. Does anyone even look at their shit any more? Hard to imagine.
What happened is, WSB is the new NYE. WSB is the US economy captain now
I dont understand who is giving loan terms where they pay back the loan based off the stock price, which fluctuates, instead of the cash you actually borrowed. At the end of the days either creditor or the debtor is going to be screwed regardless what happens, its a one sided deal both are just waiting to see which side they are on. I really dont understand. where is that even offered what do they call it on their website?
GME IS GOING TO THE MOOON!!!!🚀🚀🚀🚀
I'd like to see you on a mainstream media outlet discussing this with an institutional investor
MSM is a cancer, and USA MSM is the biggest tumor for the people .-
I thought game stop was going bankrupt. Should have bought stock at $5. Not. Lmfao
I think it's Paul's fault. You were too quick to make excuses for him.
As one Richard Woolsey from Stargate Atlantis famously said "Now I know what the game is, I can play it." Also well made explaination, Louis.
100% Nailed it
WSB is filled with bots to prop up stocks to it's own advantage.
Power to the Player.
How the fuck do I spread this award winning TED Talk presentation across the nation like it's Covid?
This has been a game of hedge funds and venture (vulture?) capital groups for a lot of years – look at how Cabela's got stolen from it's original owners and Bass Pro ended up with them. Or how Cerberus effed up Chrysler to the point Fiat bought them out…
Over and over again those hedge fund and institutional investor types have gotten filthy rich by ripping off everyone else – it's disgusting. But, since these big investment firms roll people in and out of the SEC – the wolves are guarding the henhouse – and have for years… when the actual crash does come, it isn't going to be pretty.
I was waiting for you to explain covered calls next.
It's almost like the wall street people control the media?????? now that's a big think
Greed is good but only for us.
Institutional investors. 🙂
I'm 23 and had enough spare to buy 1 share. I'd like to think I'm the same as many others, and did my part.
CNBC role is to create false narratives so the wealthy can dump their shares on the plebs. Financial news is inverted from the truth.. could political news be also?
Never fully understood what short trading was until today. Thx mate, very informative.
Fantastic explanation. I read a few Twitter threads about this and understood zero of the mechanic behind what's happening. Now I feel slightly above noob level.
It would be almost satisfying to see these investors that routinely fuck other to get fucked and how they don't like it. But they only did not make profit for them selves. Losses will be eaten by those who invested in retirement or other funds management by these investors.
I just got into stocks and this taught me a lot, thanks!
It's not just kids… I've made 20k so far from this and it's stressful as hell but I'm gonna ride it out for a while yet. XD
Crazy!
I already had so much respect for you and every time you post one of these videos you just blow me out of the water.
Finally I understand how the Tesla short shorts works… I didn't know u can burrow shares!
Jesus Christ Louis…
Take care of yourself man. Get some sleep!
I love WSB
its like having the insider info to an approx 4b$ hedgefund that only has 10 or less holding at a time
GME
BB
AMC
PLTR
AAPL
SPY
TSLA
The entire market (not just stocks) are full of dicks in the cookie jar.
I don't know about you, but my first assumption when people buy retail stock is that a nation state is trying to crash our economy.
The media is the biggest threat to the entire world
I didn't think they had been shorting it for that long, I thought they had taken a recent short position, because their price target for the short was $20?
so basically old money getting angry because new money is taking money from them
Can we short on Citron Research?
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
This is the only person so far that has pointed out that the system built by the institutional investors to benefit the institutional investors is broken to such an extent that it came tumbling down based on internet hype and public sentiment.
He 100% cracked up after calling us retards @ 21:05