Camel Token – Diamond Hands – GameStop & Wall Street

Blog Your Niche - Honest Reviews

2/24/2021 - GME IS BACK - CAMEL TOKEN DIAMOND HANDS

DISCLAIMER: BYN is not a Financial Adviser. We are Apes and Retards

WE LOVE THE STOCK!

The mortar and brick shop of GameStop became a hot topic of discussion outside of the confines of Financial Markets when the wonder boy billionaire "Elon Musk" mentioned it in a tweet recently. In reality the Wall Street investors are watching the stocks of Retail Game console provider for a few months. For the readers who have been reading about the mention of GameStop a lot in the news, it is best to start from the beginning. In order to understand this entire situation there are a few invest market terms that you should get yourself familiar with first.

Hedge Funds:

Hedge Funds are big investment pools created to save the interests of the stock buyers. These investment pools are managed by seasoned and financially stable brokers called hedge fund managers. The hedge fund managers operate by taking money from different clients and charge a 2 and 20% on assets and performance. The fund managers basically operate to achieve the goals of the investors and make stock selling and buying decisions for their clients.

Shorting the Stock:

When a business is expected to witness a fall in the stock prices a hedge fund or an investor buys these stocks and sell it to another person immediately. Assume that the fund manager of a hedge fund borrows the stock of company A because it is about to go down. The fund manager sells this stock immediately to another buyer person B and wait for the stock price to go down further. The selling price of company A stock was 10$ and after person B buys this stock it went further down to 5$. Now the fund manager buys back more stock for half the price and returns it to the Company A. This way the fund manager helps the investors make profit from a falling stock as well and this is called Stock shorting.

 

What does Reddit Has to Do with GameStop Hike?

The Mortar and brick retail outlets of GameStop were thought to go out of business because players prefer downloading from internet rather than visiting a physical store. Due to this reason many investors started to buy out GameStop shares to short the stock.

However, the tables turned around when a sub Reddit handle by the name of WallstreetBets noticed the trend and started gather an army of investors to buy up as many stocks as possible. Thanks to #DFV a.k.a #RouringKitty. The investors kept selling the stocks of GameStop readily waiting for the stock prices to go down further.

Three major changes made to help GameStop survive further:

  1. The executive brass of Chewy bought in the stocks and took over management positions at GameStop.
  2. The Launch of new Xbox and PS5 gaming consoles that required use of disks produced by GameStop.
  3. A digital revenue share contract with Microsoft and Xbox that is great for the business growth of GameStop .

When the hedge funds and investors got the news of these developments they bought more stocks aggressively to keep the stock prices from rising. As a result of this aggressive shorting, the GameStop stocks were had 71 million shorting positions. This amount is more than the total number of available stocks issued by the company. Now the investors taking the advice of Reddit sub handle WallstreetBets kept buying the stocks from these shorting positions.

 

The WallStreetBets Short Squeeze!

Finally, when the stocks prices of GamesSop went down, WallStreetBets investors refused to sell back to the shorters. This created a demand and supply discrepancy and caused the stock to go up from $5 per share to an astonishing $150 peak on 7th February, 2021. This phenomenon is called the "short squeeze."  In this case, this is getting a lot of attention from the press as a classic case of David Vs. Goliath.  Many people are matching this situation with the market squeeze of 2008 involving Volkswagen.

Now the WallStreetBets community is showing "diamond hands" to the shorters who desperately wants to buy back the stock to make up for their losses.

A Word of Caution

For now the market is still seen a bit uncertain. Big names like Citron Research and Melvin Capital went under due to this short squeeze. Later on due to imposition of "Halt trading" by the New York Stock Exchange and entrance of players like "Robinhood" the stock market trend seem to be pretty volatile at the moment. Furthermore involvement of SEC could potentially tip the scale of favors in any direction. Without keeping up with the latest developments it is impossible to make the best investment decision.

Welcome to Camel Toe!

I have been looking everywhere to find the right place where I could get the best updates about my stock investments. One of my friends told me about the live stream of @tametheark on YouTube. There podcast is hosted by a group of investors. Everyone that visits the live feed would be able to join in and ask a question that they are concerned about. The community is quite welcoming and open to the new comers. It is almost like taking advice from a personal Stock Broker. However, the hosts are just trying to share their personal opinions with the public. It is great to have a place where all sides of a discussion can be talked about.

The Comment Section at TameTheArk:

A great place to participate in the comments section and interact with the team is to join the live comments section. There are a diverse group of people who hail from all parts of the world and all age brackets. The one goal that the community has in common is to support and guide the fellow investors, who are looking for the latest scoop on the GameStop case. There is no better place to be when making crucial buying and selling decisions about the stocks. The hosts take into consideration the queries that are submitted through the live comments sections as well. There are many jolly fellows in the comment section, who keep the whole bunch entertained and keep sending funny zingers from time to time.

The Investors Talks!

TameTheArk is not just a place to hear about the trendiest financial news. The channel has been operating for a few years now and gaining quite a lot of popularity and following. Once the visitors have visited the place, they do not want to leave it and hear more about the best financial news and updates. The investors keep sending live personal updates about stock rise or fall. At any given moment a person who has just joined would be able to gel well with the entire group. It is a great place for the people who are just starting out with their investments. It is to be made clear that @tametheark does not claim to offer financial consultancy services. However, the insights by a variety of participants is like a one stop shop for the early investors.

About the Crypto Currency Trends:

Bitcoin gave a lot of people the opportunity to earn a lot of money. However, the price of each Bitcoin is so high that it is far away from the reach of an average investor. A person who knows nothing about crypto currencies can start from scratch and become an expert trader. There are great videos by the channel that unveil the best kept secrets about different crypto mining techniques. Investment is a risky business. It is best to surround one with those who are on the same mission. With a little consistent attendance and some insights from the finance market investors anyone can become a Crypto wizard.

More about the @Camel Toe Community:

One great thing that I liked about the @Camel Toe community is that there it is very welcoming place for people from all over the world. There are no exclusive passes for becoming a part of the team. It is a great place and meets with the fellow investors. Discuss about the possible market risks and exchange useful information with your peers. The financial market can be quite rewarding. However, sometimes the fears of losing keep the new investors from taking the plunge. I was also skeptical about making any investment decision at first. However, after becoming a part of the active community I found some common ground. For all the rooting and budding investors out there who want to make their money useful, it can be a great investment opportunity.

Conclusion:

When all said and done, it all comes down to money. There is no better way to earn your share with a little investment. Don't be a person who keeps thinking about making it big in life but make no efforts to match the desire. Hustle, hustle, and hustle are the keyword here. Not a lot of people can afford the consultation fee of a Stock Broker but everyone can join the @Tametheark team.

DISCLAIMER:

Blog Your Niche is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. I may earn a small commission for my endorsement, recommendation, testimonial, and/or link to any products or services from this website.

This means if you click on an affiliate link and purchase the item, we will receive an affiliate commission. The price of the item is the same whether it is an affiliate link or not. Regardless, we only recommend products or services we believe will add value to our readers. By using the affiliate links, you are helping support our Website, and we genuinely appreciate your support.

Leave a Comment