Author Topic: Deep F______ Value  (Read 21427 times)

mattee2264

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Re: Deep F______ Value
« Reply #50 on: February 19, 2021, 12:17:31 PM »

 What I find a bit suspect is that he obviously knew the stock became way overvalued but still held on and kept cheerleading the stock. He's a smart guy so he must have known the dynamics of what was going on. So while I don't think he went into this trying to engineer a short squeeze he certainly rode it for all it was worth and encouraged others to do so.


Castanza

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Re: Deep F______ Value
« Reply #51 on: February 19, 2021, 12:20:45 PM »
This guy is genuine, he deserves every penny of his gain (sorry, should say, he deserves every million of his gain)
I'll trade him for 1,000 Chamath anyday. And other high-IQ all-about-me characters that seem to be everywhere now in the investment world.

If ever retail investor community needed a face as public ambassador, his would be the right one.
Just a working man. I like that.

My only regret he wasn't on this board and decided to be on Reddit.
Opportunity cost for sure, but it is not like I would have invested in GameStop (would have put that in the value-trap pile)

I wonder if he visits here at all. Sanjeev should recruit him  ;D
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LC

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Re: Deep F______ Value
« Reply #52 on: February 19, 2021, 12:23:12 PM »
COBF/Kitten themed red headbands? Yes.
"Lethargy bordering on sloth remains the cornerstone of our investment style."

Xerxes

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Re: Deep F______ Value
« Reply #53 on: February 19, 2021, 12:28:47 PM »
This guy is genuine, he deserves every penny of his gain (sorry, should say, he deserves every million of his gain)
I'll trade him for 1,000 Chamath anyday. And other high-IQ all-about-me characters that seem to be everywhere now in the investment world.

If ever retail investor community needed a face as public ambassador, his would be the right one.
Just a working man. I like that.

My only regret he wasn't on this board and decided to be on Reddit.
Opportunity cost for sure, but it is not like I would have invested in GameStop (would have put that in the value-trap pile)

I wonder if he visits here at all. Sanjeev should recruit him  ;D

LOL indeed

Xerxes

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Re: Deep F______ Value
« Reply #54 on: February 19, 2021, 12:37:02 PM »

What I find a bit suspect is that he obviously knew the stock became way overvalued but still held on and kept cheerleading the stock. He's a smart guy so he must have known the dynamics of what was going on. So while I don't think he went into this trying to engineer a short squeeze he certainly rode it for all it was worth and encouraged others to do so.

I think the short squeeze could have been a lot worse had Robinhood didn't what i did. Looking back now, listening to some commentaries, it seemed that the wobbling in the S&P500 in January may have at least had some relation to the infinite squeeze that didnt but could happen. Like a vortex that what just slightly pulling the carpet (S&P500), due to the hedge fund leverage. Sure, this is a lot bigger than GameStop, but as El-Elrian said today at Bloomberg, market was smelling and was trying front run hedge fund who wanted to make a dash for liquidity. I'll try to find the stat of the out of wack the position where. I realize it is silly to think that such a irrelevant company (GameStop) could cause the almighty S&P500 to wobble.

On DFV, i think  due to the unneeded popularity that this caused (and because he is a nice person) he felt obligated toward his Brethren and not just dump his shares.
 

Xerxes

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Re: Deep F______ Value
« Reply #55 on: February 19, 2021, 05:39:28 PM »
I got a silly idea,

Why can DFV not be nominated as candidate for the next edition of the book Greatest Trade Ever.
They even gave a nod I think to B Ackman with a column in Barron's with his shorts.

backtothebeach

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Re: Deep F______ Value
« Reply #56 on: February 19, 2021, 06:01:44 PM »

I think the short squeeze could have been a lot worse had Robinhood didn't what i did. Looking back now, listening to some commentaries, it seemed that the wobbling in the S&P500 in January may have at least had some relation to the infinite squeeze that didnt but could happen. Like a vortex that what just slightly pulling the carpet (S&P500), due to the hedge fund leverage. Sure, this is a lot bigger than GameStop, but as El-Elrian said today at Bloomberg, market was smelling and was trying front run hedge fund who wanted to make a dash for liquidity. I'll try to find the stat of the out of wack the position where. I realize it is silly to think that such a irrelevant company (GameStop) could cause the almighty S&P500 to wobble.

On DFV, i think  due to the unneeded popularity that this caused (and because he is a nice person) he felt obligated toward his Brethren and not just dump his shares.

Could have been much worse than a wobble, according to Interactive Brokers' Thomas Peterffy: https://www.youtube.com/watch?v=_TPYuIRVfew

Meanwhile, our boy Deep F___ Value bought 50000 more shares today, apparently below $40: https://www.reddit.com/r/wallstreetbets/comments/lnqgz8/gme_yolo_update_feb_19_2021/


Spekulatius

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Re: Deep F______ Value
« Reply #57 on: February 19, 2021, 08:31:25 PM »

What I find a bit suspect is that he obviously knew the stock became way overvalued but still held on and kept cheerleading the stock. He's a smart guy so he must have known the dynamics of what was going on. So while I don't think he went into this trying to engineer a short squeeze he certainly rode it for all it was worth and encouraged others to do so.

I think the short squeeze could have been a lot worse had Robinhood didn't what i did. Looking back now, listening to some commentaries, it seemed that the wobbling in the S&P500 in January may have at least had some relation to the infinite squeeze that didnt but could happen. Like a vortex that what just slightly pulling the carpet (S&P500), due to the hedge fund leverage. Sure, this is a lot bigger than GameStop, but as El-Elrian said today at Bloomberg, market was smelling and was trying front run hedge fund who wanted to make a dash for liquidity. I'll try to find the stat of the out of wack the position where. I realize it is silly to think that such a irrelevant company (GameStop) could cause the almighty S&P500 to wobble.

On DFV, i think  due to the unneeded popularity that this caused (and because he is a nice person) he felt obligated toward his Brethren and not just dump his shares.

Yes, the wobbling in the broader indices and in particular some hedge fund hotel stocks in January was definitely caused by the WSB crowd.  I think the  root cause was that long/short funds were getting obliterated by the many short squeezes and they had to reduce gross exposure which means selling longs and covering shorts.

And those that weren’t getting obliterated were probably probably getting scared and reduced gross exposure anyways. You see these type of things happening when things get a bit crazy in the market and at times the movement of individual stocks seem to make no sense fundamentally,
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5xEBITDA

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Re: Deep F______ Value
« Reply #58 on: February 21, 2021, 09:58:42 AM »

 What I find a bit suspect is that he obviously knew the stock became way overvalued but still held on and kept cheerleading the stock. He's a smart guy so he must have known the dynamics of what was going on. So while I don't think he went into this trying to engineer a short squeeze he certainly rode it for all it was worth and encouraged others to do so.

He plainly states in more than several of his videos that the stock had a very high short interest and a short squeeze could happen. I think he's still under investigation, which doesn't really bode well for him since its not like he only ever talked about the fundamentals and the short squeeze was a surprise.