/biz/ - Business & Finance

>>27180145
This image is exactly why the price isn't going to drop before it rises much more.

>>27180320
ye but how high we goin

>>27180145
Index fund providers (vanguard, blackrock, Schwab, fidelity, etc) are REQUIRED to buy shares of a stock of that stock is part of a certain index. DO NOT interpret institutional 401k/IRA holdings as actively managed interest.

>>27180145
>>27180526
This could also represent individual clients purchasing GME at these firms. Everything is registered street name, so it looks like these firms "own" it, only because it makes the back-office accounting easier.

>>27180145
about tree fiddy

>>27180145
bloomberg?

>>27180455
No one knows, nigger

>>27180455
it all depends on when melvin and co. start to close their shorts. if the shorts are open, the price will rise. simple as that

>>27180526
good point, but some of them substantially increased their stake in the company. wouldn't the numbers be lower if it was just people investing in index funds

>>27180964
didnt they already?

>>27181053
>didnt they already?
NO. that is a lie that is being pushed by certain (((people))) who are exposed

>>27181121
lmao you cant just blatantly lie in a public statement, dude

>>27181053
Depends on the fund. Some of them could be weighted differently. And if clients at those firms (you me and everyone on biz) are buying, it makes it looks like these firms' holdings are increasing, but that's only because when you buy it at one of these firms it's technically held in their name (street name).

>>27180145
These are old. Norges bank exited at 31.12.2020.

Many of those could be sold.

>>27181200
ok dude.

>>27181255
did a quick search and looks like they're still in

https://www.swfinstitute.org/news/84199/norways-sovereign-wealth-fund-looks-to-have-made-an-unrealized-half-billion-gain-in-gamestop

>>27181053
A better indicator would be daily changes in GME holdings held in mutual funds that are actively managed, less and retail holding changes at said firm.

>>27181452
nigger

>>27181200
You can if your net worth is high enough and you can offer jobs to the people who would be regulating you.

>>27180964
they don't benefit from lying about it. for you to believe this, would presuppose that you all know that the price of GME will crash again soon, so that they can unwind their shorts for less than the $90/share at which they claimed they did so.
how many of you believe they're lying and have a per-share cost basis below $90?
i have additional bad news: if you "buy the dip," then it's too late to "win" your ideological fight against the boogeymen. "the dip" is when the short-sellers close their new, higher positions. read up on laddering.

>>27181568
*shoves dick in mouth* aaaaah..... shut the fuck up

>>27181644
niggerfaggot

>>27180526
yeah but the recent price action is so hot that that means they'll all sell GME. it doesn't meet the parameters for remaining in their indexes. why should they wait the next ten years for the gamestop operation itself to earn money, and then appreciate? they can bring forward all of it right now without being exposed to the business model for a decade, but get the ROI as if they had, instantly.

therefore, it's important to know how big those positions are now. you all have to buy to make up for it so that it doesn't even dip. otherwise, short sellers win on all their new positions at the new higher prices.

>>27181607
dont be dumb dude. not everything is a giant conspiracy and the world is a lot more chaotic than we'd care to admit

>>27181452
>SEC filings report that NBIM had 1,811,792 shares of GameStop (ticker: GME) at December 31, 2019. The year-end price close was US$ 5.90 per share. If Norway’s SWF, did not sell shares of GameStop in 2020 and held it recently, the recent close of GME was US$ 325 per share. Based on the available data, Norway SWF’s position in GameStop was worth US$ 10,689,572.80 at the end of 2019 and the latest close, it is worth US$ 588,832,400.

You would think buying stocks & coins would require a person acquire some reading comprehension.

>>27180455
Depends when the whales are willing to sell, they can go easy on Wall St or make them suffer. Anywhere between $2000-$15,000 would be a reasonable bet.

>>27182101
um, yes? they're talking about the close of the market price, not norges bank closing their positions. even the title is "Norway’s Sovereign Wealth Fund Looks to Have Made an Unrealized Half Billion Gain in GameStop." do you know what an unrealised gain is?

>>27182101
>inb4 cant write
To*

> If Norway’s SWF, did not sell shares of GameStop in 2020
>If Norway’s SWF, did not sell shares

Please accept reality or i will be forced to send you a Norwegian telly clip of the bigboybanker at statenspensjonsfond utland confirming they own no GME

>>27182523
ye, the article assumes they didn't sell

>>27182259
>>27182523

So can Blackrock for instance unload their entire stack if the price rockets to 5,000 for a milisecond that is only perceptible to their supercomputers? Or are giant holders limited in their ability to sell

>>27182567
>https://www.dn.no/marked/oljefondet/nbim/gamestop/oljefondet-solgte-seg-ut-av-gamestop-i-mars-i-fjor-en-del-av-livet-med-a-vare-investor/2-1-952809
>https://e24.no/boers-og-finans/i/Bly42e/oljefondet-har-solgt-gamestop-aksjene-for-oss-er-jo-dette-paa-en-maate-stoey

OP pic is worthless unless the holdings are confirmed, Norges bank is not holding

>>27182090
Sub 80 iq take
>frog
Checks out

>>27182887
translate that shit whitoid

>>27183020
I AM TIRED OF BABYSITTING YOU. YOU ARE A GROWN MAN WITH ACCSESS TO HISTORIES MOST SOPHISTICATED MACHINELEARNING ALGORHITIMS THAT TRANSLATES ANY WRITTEN LAUNGAUGE AT YOUR DISCRETION

Please dont be an idiot and use the tools out there to become more then what you currently are.

>>27183328
imagine going through all this effort to prove me wrong only to sperg out. your dick work ok bro?

>>27183328
Shut up nordboi and hold my GME. t. alpinoid, the only actual white people in the world

>>27183430

>>27183582
damn that sucks. hope it works out

>>27183582
FUCK just translated it

>>27181200
how can people still be this naive in the current year