4 ms·

A certain unprintable Redditor with initials DFV?

• filoleg 6y ago
  Ah yeah, the guy who moved the entire stock market and beat the hedge funds with only $50k invested, despite GME stock trading volumes in billions of dollars per day. /s If someone seriously thinks that DFV (or the entirety of WSB, for that matter) would even physically be able to notably move a ticker such as GME, then I don't have much to say to them, because this is completely inane. With some penny stocks that have almost no trading volume? Sure, technically possible. But with something like GME, it is quite not that simple. For a solid frame of reference, the entire holdings of GME that DFV had after the gigantic pump were about $50mil, one of the largest retail traders by far. Institutional traders? They did individual GME trades in volumes of $700mil+ each on a daily basis. Not $700mil+ for all institutional investors combined, but individually. Cannot be bothered to find a citation for it now, but iirc institutional investors also held about 75-80% of all outstanding GME shares throughout the entire pump.
  • deleted 6y ago
    [deleted]
  • perl4ever 6y ago
    Someone claimed that during the week when it first went crazy, that retail traders were actually net sellers, according to, I forget, maybe numbers from Citadel?