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/biz/ - Business & Finance

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26858049

Anonymous Thu Jan 28 12:39:42 2021 No.26858049 [Reply] [Original]

I don't get it
Why would the wall street guys lose money from the stocks going UP?

>>	Anonymous Thu Jan 28 12:41:43 2021 No.26858410 Because they promised to buy some shares for other wall street guys by friday. So if the shares they have to buy become more expensive, they lose money.

>>	Anonymous Thu Jan 28 12:42:12 2021 No.26858501 >>26858049 They sold a lot of shares they didn't own, in the hopes of buying back those shares at a much lower price. Reminder, anyone telling you to buy AMC/NOK/BB etc are jews trying to trick you. The only one with an explosive short float is GME.