/r/WallStreetBets raids hedge funds with stock meme?

[Winehole23]

stock memes?

perhaps someone with relevant professional experience can explain if, or how this is real.



1354198618115354629

1354205668266356736

[Winehole23]

1354234762769166338

[DMX7]

stock memes?

perhaps someone with relevant professional experience can explain if, or how this is real.



1354198618115354629

1354205668266356736

Short sellers are actually not as evil as they're portrayed. There are much worse actors on Wall Street and off it. I don't ever sell short, especially in a bull market, but this is probably real.

[TimDunkem]

Worth a shot?

[ElNono]

They're ganging up on ridiculous short bets... it's not that Gamestop is on solid ground, it's that 160% of their stock was shorted at some point, which is by any measure ridiculous.

Unfortunately this is another side effect of what the market has become. It's a gambler's game with some of these instruments, which don't contribute anything to companies seeking long term capital (what the market used to be a while back).

[SnakeBoy]

https://www.forbes.com/sites/antoinegara/2021/01/26/the-hedge-fund-genius-who-started-gamestops-4800-rally-now-calls-it-unnatural-insane-and-dangerous/?sh=1c94f8a6303b

[SnakeBoy]

They're ganging up on ridiculous short bets... it's not that Gamestop is on solid ground, it's that 160% of their stock was shorted at some point, which is by any measure ridiculous.

Unfortunately this is another side effect of what the market has become. It's a gambler's game with some of these instruments, which don't contribute anything to companies seeking long term capital (what the market used to be a while back).

It's always been a gambler's game

[ElNono]

It's always been a gambler's game

Not always. There was always risk, which is a different thing.

Now its all short-term. Onus is on next quarter, realize some profits and bail out before creative accounting gets caught. Bet and make money on companies going kaput.

[baseline bum]

stock memes?

perhaps someone with relevant professional experience can explain if, or how this is real.



1354198618115354629

1354205668266356736

Paging Will Hunting :lol

[SnakeBoy]

Bet and make money on companies going kaput.

That's how Buffet got his start. There have always been investors trying to suck the last drop of blood out of dying companies. And there have always been (and still are) solid companies that are good long term investments.

People can invest long term, trade short term, or mix it up. I don't see the problem.

[ElNono]

That's how Buffet got his start. There have always been investors trying to suck the last drop of blood out of dying companies. And there have always been (and still are) solid companies that are good long term investments.

People can invest long term, trade short term, or mix it up. I don't see the problem.

Clearly a lot of people do it, but I'm not speaking about what investors can or can't do, I'm talking about the bonafies of having a capital market dominated by big players and what's the value that provides to society.

Shorting positions is probably as old as the market itself, but the sheer size of some of these groups is not. A multi-billion fund loading up on a public, big short position is likely a death knell on almost any medium-size company (reddit kids notwithstanding).

Does it makes the fund money? Sure. What value does society gets from these type of transactions?

At least investing long meant supplying capital to a company to expand, which normally translated to more and better jobs, etc.

[Winehole23]

"gamma squeeze"

https://pbs.twimg.com/media/EssuHCpU4AMFSkY?format=png&name=large

https://pbs.twimg.com/media/EssuMkoU0AQxNqC?format=jpg&name=large

[Trainwreck2100]

one guy challenged them, and they took it personally

[Winehole23]

1354239730028834817

[Trainwreck2100]

Also an interesting site note is that hedge funds may try and astroturf that board for their own benefit. Apparently there was some weird shenanigans today with people promoting alternate threads on that site

[Winehole23]

1354233408835219461

[Winehole23]

1354252534534205440

[ElNono]

1354233408835219461

So are we taxpayers going to bail these guys out, tbh? or they're not too big to fail?

[baseline bum]

1354252534534205440

LMAO financial derivatives are cancer

[SnakeBoy]

Clearly a lot of people do it, but I'm not speaking about what investors can or can't do, I'm talking about the bonafies of having a capital market dominated by big players and what's the value that provides to society.

Shorting positions is probably as old as the market itself, but the sheer size of some of these groups is not. A multi-billion fund loading up on a public, big short position is likely a death knell on almost any medium-size company (reddit kids notwithstanding).

Does it makes the fund money? Sure. What value does society gets from these type of transactions?

At least investing long meant supplying capital to a company to expand, which normally translated to more and better jobs, etc.

Buying and holding common stock is not supplying capital to the company, they got their capital when they first issued the stock. The big short of GME didn't turn it into a failing business model just as this pump isn't turning it into a winning business model. So I don't really get your complaint about long term/short term investing.

I guess your complaining about hedge funds (or anybody) prematurely crushing a stock price by shorting which can prevent the company from accessing more capital to try and turn the company around. That's a valid complaint but we went through those complaints in '09 and it was determined by the govt that "nah, it's all good, carry on folks".

I suspect if retail traders make a habit of crowd sourcing to fuck over hedge funds the SEC will decide this a problem that must be fixed and make some rule changes to give the edge back to the hedge funds. It wouldn't be hard for them to shut the reddit/robinhooders out of the options game.

[Trainwreck2100]

So are we taxpayers going to bail these guys out, tbh? or they're not too big to fail?

looks like this is how we get the Republicans on board with sleepy joe's bailouts

[ElNono]

Buying and holding common stock is not supplying capital to the company, they got their capital when they first issued the stock. The big short of GME didn't turn it into a failing business model just as this pump isn't turning it into a winning business model. So I don't really get your complaint about long term/short term investing.

Market capitalization is leveraged into loans, more rounds of stock issue, etc, so it absolutely provides companies capital. A company doing shitty and stock tumbling down is going to have much more trouble obtaining financing via new stocks or loans than a huge company doing well.

But then again, the latter part of what you mention above is exactly my point. This whole short-the-stock/fuck-the-short-position game does absolutely nothing for the company, it's workers, etc. It's strictly a money game between shareholders. At that point it stops fulfilling any service to the broader economy.


I guess your complaining about hedge funds (or anybody) prematurely crushing a stock price by shorting which can prevent the company from accessing more capital to try and turn the company around. That's a valid complaint but we went through those complaints in '09 and it was determined by the govt that "nah, it's all good, carry on folks".

Well, its just my opinion. If you ask me, lots of things went down wrong in '08/'09.


I suspect if retail traders make a habit of crowd sourcing to fuck over hedge funds the SEC will decide this a problem that must be fixed and make some rule changes to give the edge back to the hedge funds. It wouldn't be hard for them to shut the reddit/robinhooders out of the options game.

I'm just not sure it's such an easy fix. Coops are created to do similar things and are perfectly legal. The easiest fix for hedge funds is probably not put themselves in such ridiculous short positions that are so easy to spot and attack.

[Trainwreck2100]

Still fucking hilarious that a bunch of idiots found a way to bankrupt a hedge fund and then hit them for an extra 2.7 billion afterwards

[TimDunkem]

Plausible this shit hits 10k per share.

[TimDunkem]

https://preview.redd.it/4e5cg9dlwsd61.jpg?width=640&crop=smart&auto=webp&bf121a00
https://preview.redd.it/4e5cg9dlwsd61.jpg?width=640&crop=smart&auto=webp&bf121a00
https://i.redd.it/4e5cg9dlwsd61.jpg

And it's doubled in value since he posted this. :lol

[boutons_deux]

Tesla short sellers lost $40 billion in 2020.

Elon Musk made more than triple that

https://www.cnn.com/2021/01/06/investing/tesla-shorts-losses-elon-musk-win/index.html

[boutons_deux]

John Maynard Keynes maxim that

the market "can remain irrational longer than you can remain solvent."

[boutons_deux]

Axios email

"How it works:

Thanks to Robinhood and other stock-trading apps,

trading options in GameStop (or BlackBerry, Bed Bath & Beyond or any other smallish company Wall Street traders have bet against) is easy, fun, and

carries a commission of exactly $0.



Giant hedge funds like Melvin Capital (https://link.axios.com/click/22768968.670302/aHR0cHM6Ly9tYXJrZXRzLmJ1c2luZXNzaW5zaWRlci5jb20vbm V3cy9zdG9ja3Mvc3RldmUtY29oZW4ta2VuLWdyaWZmaW4taW52 ZXN0LTMtYmlsbGlvbi1nYW1lc3RvcC1zaG9ydC1zZWxsZXItMj AyMS0xLTEwMzAwMDMzMDU_dXRtX3NvdXJjZT1uZXdzbGV0dGVy JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZX R0ZXJfYXhpb3NhbSZzdHJlYW09dG9w/6004bc4704300c1ae269be66B72c85277) now find themselves at the mercy of thousands of small investors using the internet to coordinate buying attacks.


The bottom line: Short-selling — betting that a company's stock will fall — is a crucial element of efficient markets.



Wall Street veterans say the newbies' lack of experience and diversification mean they’ll eventually get crushed by their trades.
So far, however, the small guys are laughing all the way to the bank.


But, thanks to Reddit, it's also never been more dangerous."

[spurraider21]

Hedge funds aside, 90% of the people who will get fucked by this are the casual redditors who are jumping on the train. Once the whales on reddit cash out, the stock will crater, fucking over the rest of the reddit army that has bandwagoned. Big pump and dump scheme under the guise of “taking on hedge funds”

[hater]

Good shit :tu

Fuck all of them :lol

[Winehole23]

:wow

1354442013144477698

[TimDunkem]

Hedge funds aside, 90% of the people who will get fucked by this are the casual redditors who are jumping on the train. Once the whales on reddit cash out, the stock will crater, fucking over the rest of the reddit army that has bandwagoned. Big pump and dump scheme under the guise of “taking on hedge funds”
That's how it works. *shrugs* I already made an easy grand since last night.

[hater]

This proves the stock market is just a joke and a scam

[Winehole23]

That's how it works. *shrugs* I already made an easy grand since last night.It's no fair when the punters take the house.

[Adam Lambert]

I'm not touching any of this but I love it.

[Winehole23]

disdainful

1354443756020359172

1354443758000082947

[SnakeBoy]

Saw some dude on a business show crying about how unfair & dangerous it is for these hedge funds to lose on their short attack :lol

I think there was similar crying when shorts got smashed by tesla

[hater]

Eat the Rich :tu

[SnakeBoy]

https://twitter.com/prettybadlefty/status/1354449087085633540?s=21

They won't need a bunch of regulations. All they have to do is put a capital requirement on retail accounts in order to trade options. If the account value has to be $50k or $100k then boom reddit/robinhood boys are shut out from doing this and hedge funds can get back to business as usual.

[ChumpDumper]

Oh noes! Rich white men have been affected!

SOMEBODY DO SOMETHING!

[Will Hunting]

They won't need a bunch of regulations. All they have to do is put a capital requirement on retail accounts in order to trade options. If the account value has to be $50k or $100k then boom reddit/robinhood boys are shut out from doing this and hedge funds can get back to business as usual.
If all the account is doing is buying options idk how they could justify capital requirements, but if random redditors are issuing options then in all fairness there should be capital requirements (same thing with anyone else issuing options).

[hater]

Oh noes! Rich white men have been affected!

SOMEBODY DO SOMETHING!

And they will

None fucks with rich white men. Biden will oblige

[SnakeBoy]

If all the account is doing is buying options idk how they could justify capital requirements, but if random redditors are issuing options then in all fairness there should be capital requirements (same thing with anyone else issuing options).

They can justify anything they want just by saying the rule is intended to protect individual investors :lol

[hater]

They can justify anything they want just by saying the rule is intended to protect individual investors :lol

Yup

[Will Hunting]

Really tempted to buy some put options, this is gonna tank once the major retail investors jump ship

[koriwhat]

get 'em reddit!

[koriwhat]

Good shit :tu

Fuck all of them :lol

:tu

[Will Hunting]

Pulled the trigger on January 2022 puts with a $30 breakeven price, not a chance these Redditers keep the charade going for a full fucking year :lol

[baseline bum]

Pulled the trigger on January 2022 puts with a $30 breakeven price, not a chance these Redditers keep the charade going for a full fucking year :lol

Gamestop is completely fucked long term with two of the major consoles, namely PS5 Digital Edition and XBox Series S, strictly digital. Plus every Switch gamer I know largely buys digital too since there is no real money to be saved buying physical for that system.

[Will Hunting]

Gamestop is completely fucked long term with two of the major consoles, namely PS5 Digital Edition and XBox Series S, strictly digital. Plus every Switch gamer I know largely buys digital too since there is no real money to be saved buying physical for that system.
Yeah that’s what convinced me to made the trade. There’s nothing intrinsically promising about GameStop, everything it does is obsolete and the e-commerce it’s trying to break into already has bigger and more established competitors. It’d be a long term short position that makes sense even ignoring the Reddit retards.

[baseline bum]

Yeah that’s what convinced me to made the trade. There’s nothing intrinsically promising about GameStop, everything it does is obsolete and the e-commerce it’s trying to break into already has bigger and more established competitors. It’d be a long term short position that makes sense even ignoring the Reddit retards.

Not only are their future prospects grim because of digital delivery of games, but their core market of gamers despises them because in the last two or three years they have made their workers become super aggressive pushing membership cards and extended warranties. It's really not a place gamers like going but the workers get berated and have their hours slashed to the bone when they're not able to con people into their warranties on games.

Another reason gamers hate them is because when they have extremely high demand items they only sell them in bundles, often with lots of useless crap thrown in. Like when Switch came out at $299 they'd bundle all these crap figurines and assorted junk to sell them in a $450 bundle. For the $499 PS5 right now they have one good $730 bundle with Spiderman + Demon's Souls (the two big games on PS5) + a controller + a Gamestop gift card and another $720 bundle that's the same except replacing Demon's Souls with some crap kids game.

I'll miss Gamestop when they go under though. Mainly because they're a monumentally stupid company, their management must have worms in their brains or some shit. Sometimes they'll do these trade-in promotions that are ridiculously stupid, like an extra $5 per traded in game of store credit towards a preorder once you trade in six games, so a couple of times on deals like that I'd have a $60 game I wanted and go pick up a bunch of $1 Wii and 360 games that pawn shops are desperate to get rid of and then trade them into GS for like $7 or $8 each store credit. So buy a $65 game for like $9 or $10 out of pocket. :lol

There was another promotion back when Switch first came out and they were only selling those $450 bundles where you could work it to sell them copies of crap games like Plants Vs Zombies 2 for $80 store credit. So people would just go raid Best Buy and Walmart for these games where they were selling for $20, take them out of the shrink wrap, and then trade them in as used for like $80 credit and end up getting these expensive Switch bundles for like $120 out of pocket. That same promotion I got a couple of $60 games for free by selling them my PS4 games and then buying them right back except they paid me more than I paid them to get my games back so I'd basically get store credit for letting them hold my games for two minutes. :lol

Another funny thing people were pulling on Gamestop is when a Gamestop location would close down they'd start liquidating their XBox One X systems for $100 a pop, so people would buy them all up and then go to the Gamestop down the street and sell them back for around $220 cash or $300 store credit. :lol

Speaking of Gamestops being right down the street, they have grossly oversaturated the market. I have like 30 that are a quick 15-20 minute drive from me. They have way too many stores. I have no idea how that company isn't bankrupt yet.

[Trainwreck2100]

Pulled the trigger on January 2022 puts with a $30 breakeven price, not a chance these Redditers keep the charade going for a full fucking year :lol

even the smart ones there know that shit was never going to last, this was a once in a lifetime event where a hedgefund shorted 140% of the stock, and fucked themselves. The big alpha move would be the guy who posted his 20 million saying he's going to sell, but shorting the stock right before he does. Don't know if that's legal though

[Will Hunting]

even the smart ones there know that shit was never going to last, this was a once in a lifetime event where a hedgefund shorted 140% of the stock, and fucked themselves. The big alpha move would be the guy who posted his 20 million saying he's going to sell, but shorting the stock right before he does. Don't know if that's legal though
Yeah that’s definitely stock manipulation :lol

[boutons_deux]

Charles Payne EXPLODES on Wall Street ‘Whining’ Over Skyrocketing GameStop Stock:

‘It’s Making Me Sick!’


“The shorts, first of all, all this nonsense, all of this noise, all this whining by Wall Street, it’s making me sick!” Payne exclaimed,

“One hundred forty percent of GameStop was short.

I didn’t hear one person on TV complaining about Wall Street trying to crush GameStop,

140% short!”

https://www.mediaite.com/tv/charles-payne-explodes-on-wall-street-whining-over-skyrocketing-gamestop-stock-its-making-me-sick/

[Trainwreck2100]

Yeah that’s definitely stock manipulation :lol

i do feel bad for the people that buy in super late, they're gonna get fucked, not as bad as the hedge funds though.

[Will Hunting]

:lol down 20% in after hours trading

[Will Hunting]

i do feel bad for the people that buy in super late, they're gonna get fucked, not as bad as the hedge funds though.
I don’t really feel bad for those people, a cursory look at how the options are priced should show the share price is completely out of whack. You shouldn’t take stock advice from Reddit.

[Trainwreck2100]

I don’t really feel bad for those people, a cursory look at how the options are priced should show the share price is completely out of whack. You shouldn’t take stock advice from Reddit.

last week you should have

[Trainwreck2100]

:lol down 20% in after hours trading

coincides with wallstreetbets going down, I'm sure there's some real panic selling right now

[Will Hunting]

coincides with wallstreetbets going down, I'm sure there's some real panic selling right now
Panic selling/investors who owned it for <1 month and are ready to cash out :lol

[Winehole23]

1354596722148835328

[Spurtacular]

https://media.gab.com/system/media_attachments/files/063/514/419/original/2deb324ff32749da.jpg

[hater]

And they will

None fucks with rich white men. Biden will oblige

Called it :tu

Never fuck with ricu white ppl and their money. They will carve you up

[Winehole23]

https://media.gab.com/system/media_attachments/files/063/514/419/original/2deb324ff32749da.jpgPosters in this thread have explained how the reddit mob is *not* extremely dangerous to institutional investors, but it has shown it can be more than a trivial nuisance.

A real hedge fund declared bankrupcy, tght?

[Will Hunting]

https://media.gab.com/system/media_attachments/files/063/514/419/original/2deb324ff32749da.jpg
They’re not wrong but it’s selective outrage. Hedge funds being able to short a stock into oblivion such that it can’t raise new capital is just fine, but suddenly CNBC thinks this is dangerous?

[SnakeBoy]

Yeah that’s what convinced me to made the trade. There’s nothing intrinsically promising about GameStop, everything it does is obsolete and the e-commerce it’s trying to break into already has bigger and more established competitors. It’d be a long term short position that makes sense even ignoring the Reddit retards.

That's the complaint coming from the pro hedge fun side, that their short position was entirely founded in reality and their trade got busted for the lulz.

[ElNono]

That's the complaint coming from the pro hedge fun side, that their short position was entirely founded in reality and their trade got busted for the lulz.

This is completely true in the economics sense, but also in the economics sense, having that kind of exposure to shorted stock involves just as much risk.

[ElNono]

Pocahontas is on the case...

Senator Warren Releases Statement on GameStop Trades

Washington, DC - United States Senator Elizabeth Warren today released the following statement on the recent GameStop trades.

"With stocks soaring while millions are out of work and struggling to pay bills, it's not news that the stock market doesn't reflect our actual economy. For years, the same hedge funds, private equity firms, and wealthy investors dismayed by the GameStop trades have treated the stock market like their own personal casino while everyone else pays the price. It's long past time for the SEC and other financial regulators to wake up and do their jobs - and with a new administration and Democrats running Congress, I intend to make sure they do."

https://www.warren.senate.gov/newsroom/press-releases/senator-warren-releases-statement-on-gamestop-trades

[Capt Bringdown]

AMC - to the moon!

[Capt Bringdown]

:lol down 20% in after hours trading

1354596025193820163

[Will Hunting]

That's the complaint coming from the pro hedge fun side, that their short position was entirely founded in reality and their trade got busted for the lulz.
It’s a fair complaint but no matter how bad the stock is, holding a naked short position has risk.

What the Reddit retards don’t realize is that 90+% of them are going to lose a fuckload of what little wealth they have on this just for the sake of triggering da hedgies.

[Will Hunting]

1354596025193820163
This is getting dangerously close to stock manipulation. Anyone with a Robinhood account can trade after hours, that’s not something only institutional investors can do.

[pgardn]

It’s a fair complaint but no matter how bad the stock is, holding a naked short position has risk.

What the Reddit retards don’t realize is that 90+% of them are going to lose a fuckload of what little wealth they have on this just for the sake of triggering da hedgies.

How many individuals are we talking about and on average how much did they put in?

[pgardn]

I just heard about this stuff and have no sense of scale.

[Will Hunting]

How many individuals are we talking about and on average how much did they put in?
I think SR is right. There are a few whales on Reddit running a pump and dump while a bunch of incels on Reddit who wanted to dabble in stock trading are about to lose their shirt.

[pgardn]

I think SR is right. There are a few whales on Reddit running a pump and dump while a bunch of incels on Reddit who wanted to dabble in stock trading are about to lose their shirt.

Oh crap.
I thought maybe something really started and they got a whole bunch of people to put a relatively small amount in.

[baseline bum]

So Melvin Capital is lying their asses off saying they got out of their short position when they were shorting 130% of the Gamestop shares?

[ElNono]

I think SR is right. There are a few whales on Reddit running a pump and dump while a bunch of incels on Reddit who wanted to dabble in stock trading are about to lose their shirt.

I dunno about that. I think this post from WH explains it pretty well:
https://www.spurstalk.com/forums/showthread.php?t=289132&p=10417544&viewfull=1#post10417544

This is a problem with options when you have a wave like this, and that's why a lot of stock trading platforms today were changing their requirements on those stocks, it exposes them to potential junk.

[Spurtacular]

A real hedge fund declared bankrupcy, tght?

I guess they know what they need to do.

https://media.gab.com/system/media_attachments/files/063/511/763/original/ad6dbf78c515b3ed.jpg

[boutons_deux]

https://twitter.com/theserfstv/status/1354638526885683202?s=21

They never put restrictions on predators shorting a company to death

[Adam Lambert]

I think SR is right. There are a few whales on Reddit running a pump and dump while a bunch of incels on Reddit who wanted to dabble in stock trading are about to lose their shirt.

And at this point it's stupid anyway. Unless you were on that first wave of GameStop, there's no amount of risk that makes it worth it at this point. What are you going to put in $10,000 for the chance of maybe doubling it? Like that's going to drastically change your life?

[Winehole23]

1354783704103706625

[SnakeBoy]

https://www.youtube.com/watch?v=yS4yPsmaDDQ&feature=youtu.be

[SnakeBoy]

I give him credit for putting on a happy face

[Spurtacular]

https://media.gab.com/system/media_attachments/files/063/536/504/original/3a8c7af70f50ea72.jpeg

[Will Hunting]

:lmao up to $500 a share pre-market, this is pretty funny.

[baseline bum]

I give him credit for putting on a happy face

LOL he had to disable comments and dislike count.

[baseline bum]

:lmao up to $500 a share pre-market, this is pretty funny.

LOL a bunch of reddit trolls sending Wall Street to its worst day in months. Shit is hilarious.

[Will Hunting]

aaaand all those pre-market gains have been wiped out :lol. It was down 25% ~10 minutes ago but now it’s back up to where it closed yesterday. Seems like the Reddit retards are running out of gas.

[Will Hunting]

:lmao in one pre-market session it’s gone from $500 to $250 then back up to $340 and now it’s back down to $275. This is nuts.

[Will Hunting]

Robinhood is now blocking customers from buying GME and AMC. That’s should lead to both stocks inevitably cratering while we also see a slew of lawsuits too.

[hater]

LOL a bunch of reddit trolls sending Wall Street to its worst day in months. Shit is hilarious.

Called it

Stock market is a scam controlled by biggest mafia in the world

[hater]

https://twitter.com/stoolpresidente/status/1354783589859266563?s=19

[hater]

Even Trump Jr looks good in this debacle :lol

Imagine being so shitty and corrupt thay you make Trump Jr look good :lmao

https://twitter.com/DonaldJTrumpJr/status/1354793103090212865?s=19

[Winehole23]

beg pardon, what has government done?

[hater]

I always knew that RobinHood shit was bullshit. Similar to Coinbase for bitcoin. You dont really own your stock (or bitcoin) they own it.

The only bright side of this is that many millions of millenials have seen firsthand how corrupt and imaginary is the US Finance system and stock market.

Its Uncle Sams Golden Egg Goose, but the eggs are really not made out of gold gold, they are just regular eggs dipped in paint :lmao

[Will Hunting]

Not really sure what the government did, once again conservatards are confusing a private company (Robinhood) with the government.

[hater]

Not really sure what the government did, once again conservatards are confusing a private company (Robinhood) with the government.

The government has allowed the mafia that is the Finance and Stock system do whatever they want.

Its the government inaction that is blantantly obvious whos side they are on

[Will Hunting]

The government has allowed the mafia that is the Finance and Stock system do whatever they want.

Its the government inaction that is blantantly obvious whos side they are on
Right. So it was small government that allowed private corporations to seize so much power. That’s the complete opposite of Conservatards like Don Jr. saying big government SOCIALISM! is the problem.

[Will Hunting]

So far the efforts to shut the redditors down aren’t going very well :lol

[hater]

Right. So it was small government that allowed private corporations to seize so much power. That’s the complete opposite of Conservatards like Don Jr. saying big government SOCIALISM! is the problem.

Dont disagree but a scam is a scam. Do you really think things were any different under Clinton, Obama qnd now Biden? :lol

Its all a scam even democrat vs repub ideologies are a scam. Both serve the same overlords

[hater]

Despite its promise to bring trading to the masses, Robinhood is intimately connected with the Wall Street establishment. Chicago-based Citadel Securities functions as something of a middleman between Robinhood and exchanges like the NASDAQ (on which GameStop is traded), taking a cut of the earnings along the way. Citadel is also one of the firms that bailed out Melvin Capital earlier this week, and as such would benefit from GameStop’s stock crashing.

https://twitter.com/PabloLerdoNews/status/1354794308830957571?s=19

[Will Hunting]

Probably just that the government will protect Robinhood and Wall St and tell the reddit trolls to piss off. The game is rigged, but anybody who didn’t already know that is stupid. Been this way for a long time.
The game is rigged because there is no government intervention. The idea that a “big government” is what makes the rigging possible is what’s so stupid/ridiculous, it’s a small government that lets private corporations regulate themselves that allows this stuff to happen. A completely free market is what leads to a rigged system.

[TimDunkem]

Even Trump Jr looks good in this debacle :lol

Imagine being so shitty and corrupt thay you make Trump Jr look good :lmao

https://twitter.com/DonaldJTrumpJr/status/1354793103090212865?s=19

GODDAMN.

You know you're on the wrong side of history when Don Von Fuckface Jr. is turning on you.


Btw Gamestonk soaring again after manipulative scare tactics. lmao Get fucked Melvin.

[Will Hunting]

Dont disagree but a scam is a scam. Do you really think things were any different under Clinton, Obama qnd now Biden? :lol

Its all a scam even democrat vs repub ideologies are a scam. Both serve the same overlords
No, because Obama/Clinton/Biden were all pro-Wall Street neoliberals who didn’t want to regulate the financial services industry. I never said this was a D vs. R issue.

[hater]

GODDAMN.

You know you're on the wrong side of history when Don Von Fuckface Jr. is turning on you.


Btw Gamestonk soaring again after manipulative scare tactics. lmao Get fucked Melvin.

I might buy some gamestop stock today tbqh

Pissing off rich mafia bankers a couple more days will be worth $200 :lol

[TimDunkem]

No way Gamestonk doesn't break the 550 per wall today. Oh the downfall of Melvin Capital is going to be glorious.

[hater]

No, because Obama/Clinton/Biden were all pro-Wall Street neoliberals who didn’t want to regulate the financial services industry. I never said this was a D vs. R issue.

Then you live in fantasy. There will never be the fix you want under this current D vs R system so then why are you only blaming Rs?

[TimDunkem]

I might buy some gamestop stock today tbqh

Pissing off rich mafia bankers a couple more days will be worth $200 :lol
Gonna be more dips and likely more tomorrow if you wanna buy in a make a few bucks to stick it to these fucks. These guys are death rattling right now. :lol

[Will Hunting]

Then you live in fantasy. There will never be the fix you want under this current D vs R system so then why are you only blaming Rs?
I wasn’t strictly blaming the Rs. I was saying the conservative opinion you quoted is retarded. I fully agree that both parties are in bed with Wall Street, but I fail to see how the solution to that is making government smaller.

[hater]

Gonna be more dips and likely more tomorrow if you wanna buy in a make a few bucks to stick it to these fucks. These guys are death rattling right now. :lol

Im pretty stupid in finance (although I do work for big banks. Dont ask :))

Let me get this right. So big banks have bet on Gamestop crashing completely right? So all we can do is buy/sell/buy sell and we fuck them? As long as theres gamestop activity they are fucked right?

[diego]

https://youtu.be/usGQjN87BUA

[TimDunkem]

So far the efforts to shut the redditors down aren’t going very well :lol
These billionaires have never dealt with something like this. These idiots on Reddit aren't even blinking. :lol They're just more emboldened to throw more cash at GME every time.

[TimDunkem]

Im pretty stupid in finance (although I do work for big banks. Dont ask :))

Let me get this right. So big banks have bet on Gamestop crashing completely right? So all we can do is buy/sell/buy sell and we fuck them? As long as theres gamestop activity they are fucked right?
Buy if you can, and hold until the time is right. They want you to sell these shares after the market manipulation. Nuh uh

[hater]

K thanks. Will get $200 on gamestop :lol

[TimDunkem]

K thanks. Just bouth $200 on gamestop :lol
Best case you rake in some cash. Worst case you lose a few bucks but still get to stick it to these faggots. Win win, imho.

[hater]

Omg just looked at gamestop Max stock graph :wow

No wonder wall street is in a tailspin :lol

[Trainwreck2100]

what's funny rather than let one group die those stupid wall st fucks decided to bail out their buddies and fucked themselves in the process. Some actual good stocks are going to have to be sold to cover their losses now.

[hater]

:lmao HoldTheLine and DoNotSell trending on twatter :lmao

[hater]

Fuck it im buying AMC too

[TimDunkem]

:lmao HoldTheLine and DoNotSell trending on twatter :lmao
Redditors already trying to start a class action lawsuit against RH. :lol

[TimDunkem]

Fuck it im buying AMC too
Now is the time. :tu

[hater]

:lmao

https://twitter.com/_MerylCreep/status/1354811109371334665?s=19

[TimDunkem]

I fucking love Reddit sometimes. :lol

[Leetonidas]

so what is a good app to use for this? wanna try to get in late to the party :lol

[TimDunkem]

so what is a good app to use for this? wanna try to get in late to the party :lol
You can still buy through RH under "top 100" in the app, but to stick it to them you can use Fidelity or Webull. They're allowing buys on GME and AMC right now.

[TimDunkem]

Baseline is yesterday's high. Trendlines are similar.

Even after today's unprecedented moves, it looks like the combined autistic might of Reddit is still landing body blows to Melvin Capital with no end in sight.

[TimDunkem]

Dipping again. Buy now.

[Adam Lambert]

Dipping again. Buy now.

Hell no

[Adam Lambert]

Unless you jumped on this train two days ago, or unless you're willing to donate money to fuck over hedge funds a little bit longer, it's stupid to jump in right now. (And if you did jump in in the past two days, you should have already sold).

The oligarchy has spoken. Playtime is over. You need a membership at the country club to play this course.

[Winehole23]

Unless you jumped on this train two days ago, or unless you're willing to donate money to fuck over hedge funds a little bit longer, it's stupid to jump in right now. (And if you did jump in in the past two days, you should have already sold).

The oligarchy has spoken. Playtime is over. You need a membership at the country club to play this course.ruined it for all the other kids too

[Will Hunting]

Yeah if you’re buying right now that’s retarded. The stock isn’t going to stop cratering.

Probably gonna make around ~2k on my put options, not bad for a 24 hours trade.

[hater]

Unless you jumped on this train two days ago, or unless you're willing to donate money to fuck over hedge funds a little bit longer, it's stupid to jump in right now. (And if you did jump in in the past two days, you should have already sold).

The oligarchy has spoken. Playtime is over. You need a membership at the country club to play this course.

I dont disagree. But wasting 100 or 200 to piss off wall street is good money imo :lol

Of course unless you dont have that kind of spare change

Anyway. I think there will be other stocks.... this is not the end of it imo

I had to cancel my trades today as I forgot I had to disclose a trades to my employers. Fuck that. I guess Ill watch from sidelines and cheer :lol

[hater]

Also the ppl that put in a couple hundred will stay put. No reason not to. I dont see gamestop or amc totally gettinv wiped.out

[Will Hunting]

Down 64% now. I’ll be seriously impressed if the Redditors can hold the line and get it back up to $300.

[Winehole23]

Also the ppl that put in a couple hundred will stay put. No reason not to. I dont see gamestop or amc totally gettinv wiped.outPerhaps unrelatedly, AMC has already staved off bankruptcy til later this year. Apparently they raised a lot of money before GameStop came along.

[hater]

AMC has reportedly staved off bankruptcy til later this year.

Yeah. Im sure most ppl didnt put in their lifesavings to these. Just spare change. No reason to sell at a loss and give your change to wall street. Stay put.

[RandomGuy]

stock memes?

perhaps someone with relevant professional experience can explain if, or how this is real.



1354198618115354629

1354205668266356736

Well, they got their users to leverage their purchases.

this really is hilarious.

[Adam Lambert]

I dont disagree. But wasting 100 or 200 to piss off wall street is good money imo :lol

Of course unless you dont have that kind of spare change

For sure. If you can afford to lose it, go for it. But all the Reddit posts about being able to buy their parents a new home or pay for college, that ship has sailed. Even yesterday the most optimistic scenario by far was that the stock could double again, and you're not going to make enough to pay for college on that unless you already have a lot of potential college money to invest.

[TimDunkem]

Down 64% now. I’ll be seriously impressed if the Redditors can hold the line and get it back up to $300.
This is the last death rattle of Melvin. The stock volume is low. They're just trading amongst each other trying to scare everyone into selling. Maybe some noobs will jump off the cliff, but Reddit isn't blinking. If they weren't trying to shut people out through RH and TD, this shit would've already bounced back.

[DMX7]

Yeah. Im sure most ppl didnt put in their lifesavings to these. Just spare change. No reason to sell at a loss and give your change to wall street. Stay put.

The main streeters who are getting rich are the ones that started this, not the ones that followed way too late (they're losing money).

By the way, there are plenty of people dumb as sh** who probably did put something close to their life savings into this.

[spurraider21]

https://www.youtube.com/watch?v=wz-PtEJEaqY

[TimDunkem]

Started to rise sharply as soon as the halt was lifted then halted again.

This manipulation is eye opening for those new to this.

[RandomGuy]

Unless you jumped on this train two days ago, or unless you're willing to donate money to fuck over hedge funds a little bit longer, it's stupid to jump in right now. (And if you did jump in in the past two days, you should have already sold).

The oligarchy has spoken. Playtime is over. You need a membership at the country club to play this course.

Honestly, if it means some hedge fund loses money, I owuld be happy to buy a share or two. ten million people doing that... could move the needle.

Leverage it the way they were, and you could sustain it for a long while.

[TimDunkem]

Everytime a halt is lifted it rises and is halted again.

:lmao

[RandomGuy]

Perhaps unrelatedly, AMC has already staved off bankruptcy til later this year. Apparently they raised a lot of money before GameStop came along.

If the companies were smart they would have sold some treasury stock to make some quick cash, of the kind that could be invested in not dying.

[Will Hunting]

GameStop has an earnings release in a month. When that’s as shitty as every other recent GameStop earnings release is, this all comes to an end (assuming it lasts that long). Robinhood should go out of business after this, but anyone still buying GME is a complete retard.

[Trainwreck2100]

GameStop has an earnings release in a month. When that’s as shitty as every other recent GameStop earnings release is, this all comes to an end (assuming it lasts that long). Robinhood should go out of business after this, but anyone still buying GME is a complete retard.

It ends tomorrow when Melvin has to call

[TimDunkem]

The squeeze is coming. There will likely be one last big spike before all is said and done.

[TimDunkem]

It ends tomorrow when Melvin has to call
:tu

[spurraider21]

GameStop has an earnings release in a month. When that’s as shitty as every other recent GameStop earnings release is, this all comes to an end (assuming it lasts that long). Robinhood should go out of business after this, but anyone still buying GME is a complete retard.
why would their earnings release even impact anything? its not like the price going up is actually reflective of people's opinions on gamestop's prospects whatsoever. nobody is being duped into thinking they've suddenly become massively more profotibale

[TimDunkem]

why would their earnings release even impact anything? its not like the price going up is actually reflective of people's opinions on gamestop's prospects whatsoever. nobody is being duped into thinking they've suddenly become massively more profotibale
Yeah that's missing the picture. Everyone is ironically singing GS's praises. This is about taking Melvin for all their worth.

[Trainwreck2100]

Perhaps unrelatedly, AMC has already staved off bankruptcy til later this year. Apparently they raised a lot of money before GameStop came along.

I read that the people they owe money to (silver lake) released more stock into the market.

[spurraider21]

also, i'm fairly stock market illiterate (my 401k is largely in index funds at this point)...

can somebody ELI5 how you can tell when people are "buying like crazy" or "selling like crazy" when every purchase has 1 buy and 1 sell? is it just reflected by the price of the trade? ie trades that happen below market value are indicative of a "sell" and trades above market value are considered a "buy"?

[TimDunkem]

Halt lifted. Stocks rise.

Shocker.

[Trainwreck2100]

https://i.redd.it/syaotvuvl3e61.png

this is what they think will play out

[TimDunkem]

https://i.redd.it/syaotvuvl3e61.png

this is what they think will play out
It's inevitable. The trick is to know when to get out. Tomorrow might be the day.

[spurraider21]

the top of the needle is when the reddit whales unload without warning

[Trainwreck2100]

one of the whales before it opened back up

https://i.redd.it/jm9od5n6n3e61.jpg

[TimDunkem]

Get'm, bb:

1354830697459032066

[Trainwreck2100]

info on that whale, apparently he make 200k a year and bought a majority of his stock in june, in case you guys were wondering

[TimDunkem]

LOL At these dips with that low trade volume. This shit will go to the moon before the real crash.

[TimDunkem]

omg :lol

Talk about being on the wrong side of history, RH. They have TED CRUZ agreeing with AOC. :lmao

1354833603943931905

[DMX7]

info on that whale, apparently he make 200k a year and bought a majority of his stock in june, in case you guys were wondering

bought it June or began shorting it in June?

[TimDunkem]

Meh, those hearings are just an opportunity for politicians to grandstand about the system for political points, before doing jack shit to actually hold anyone accountable. The Robinhood CEO will get publicly shamed for 2 hours, face no other consequences, and nothing will be learned or changed.
Probably, but hopefully not before people take their money from it and run after this is over.

[TimDunkem]

omg :lol

Talk about being on the wrong side of history, RH. They have TED CRUZ agreeing with AOC. :lmao

1354833603943931905
Might get buried. Just bumping this for historical reasons. :lol

[TimDunkem]

Another halt ended. Another Rise. Back near 300.

Swing and a miss. The suits at Melvin Capital shitting bricks atm.

[baseline bum]

Down 64% now. I’ll be seriously impressed if the Redditors can hold the line and get it back up to $300.

$309 now :lol

[Trainwreck2100]

bought it June or began shorting it in June?

he's not shorting he lost that 9 million just today from what he had yesterday. The two biggest players I've seen are this guy and deepfuckingvalue. deepfuckingvalue is the big money that always gets shared he apparently started last january at 50k, he's already cashed out 6 million though

[TimDunkem]

$309 now :lol
Annnnd they halted again. :lol

You can almost taste the hedge fund tears from here.

[Adam Lambert]

Where are y'all seeing that? I'm only seeing $232.

[baseline bum]

Annnnd they halted again. :lol

You can almost taste the hedge fund tears from here.

You're talking Robinhood and TD Ameritrade halting trading Gamestop stock?

[TimDunkem]

Where are y'all seeing that? I'm only seeing $232.
Through my brokerage app for me. It dipped slightly and they're halting again. The writing is on the wall, this shit is going to go up once RH and others cave to the pressure and allow buys again.

[Winehole23]

if i was a hedge fund, I might short em again.

[TimDunkem]

You're talking Robinhood and TD Ameritrade halting trading Gamestop stock?
Trading halts. Then the fucks sell to each other behind the scenes artificially driving the price down to scare noobs into selling. Those dips were artificial and inorganic.

[baseline bum]

Trading halts. Then the fucks sell to each other behind the scenes artificially driving the price down to scare noobs into selling. Those dips were artificial and inorganic.

But are you talking those two companies halting trading or is it a bigger conspiracy?

[leemajors]

https://youtu.be/usGQjN87BUA

:tu

[TimDunkem]

But are you talking those two companies halting trading or is it a bigger conspiracy?
Bigger.

[spurraider21]

Meh, those hearings are just an opportunity for politicians to grandstand about the system for political points, before doing jack shit to actually hold anyone accountable. The Robinhood CEO will get publicly shamed for 2 hours, face no other consequences, and nothing will be learned or changed.
yep.

the last time i remember one having an actual impact was the Wells Fargo shit where Warren went in on Stumpf and he resigned just weeks later

[hater]

:lmao

Damn this is big

https://twitter.com/tedcruz/status/1354833603943931905?s=19

[spurraider21]

Cruz and AOC also were in lockstep agreement on capping interest rates on loans a while back iirc, in addition to lifetime lobbying bans for former members of congress

[hater]

Webull in on the scam. Their goigle play reviews tanking :lmao

:lol

[spurraider21]

Trading halts. Then the fucks sell to each other behind the scenes artificially driving the price down to scare noobs into selling. Those dips were artificial and inorganic.
i asked this on an earlier page, but how do you characterize this as "selling" vs "buying" when every purchase includes 1 buyer 1 seller?

[hater]

Is it true most short sellers have until friday to buy?? So if this holds till tomorrow, blood on the street?

[SpursforSix]

It's always been a gambler's game

Yeah..but apps like Robin Hood make it even more so. Being able to trade odd lots with no commission. This was pretty predictable.
I always wondered what would happen if a major social influencer said they were investing in a particular stock.
The reality is that a large number of these investors are going to lose their ass because they didn't (or can't) get out in time.

[hater]

I dont see AMC or Gamestop dropping too low. If theybdo ppl will buy right back. Wall Street has lost this battle. Only question is how bad. Will they lose and arm, a leg or be decapitated. I think the panic of them stopping buys is simply to avoid decapitation.

[Trainwreck2100]

Is it true most short sellers have until friday to buy?? So if this holds till tomorrow, blood on the street?

Melvin's call is tommorow, but it's possible they have thought up some shady shit we haven't. They should be a corpse tomorrow though

[Trainwreck2100]

https://twitter.com/viperwave/status/1354668714105266180?s=21

If you did all that just to become a short selling vulture you deserved everything you got

[Winehole23]

1354784674443235335

[Adam Lambert]

If you did all that just to become a short selling vulture you deserved everything you got

Yep. Fuck these guys.

[Adam Lambert]

omg :lol

Talk about being on the wrong side of history, RH. They have TED CRUZ agreeing with AOC. :lmao

1354833603943931905

1354848253729234944

https://media.tenor.com/images/a9dbf3e6b7e16df6ad5fff074eec3a00/tenor.gif

[spurraider21]

damn :lol

[Adam Lambert]

I've never been more turned on by a sitting US Congresswoman.

[spurraider21]

https://twitter.com/copingmaga/status/1354858634640023552?s=21
what in the actual fuck

[DarrinS]

1354848253729234944

https://media.tenor.com/images/a9dbf3e6b7e16df6ad5fff074eec3a00/tenor.gif


Wow. She's quite the cunt.

[TimDunkem]

Ruh roh

1354853920762253315

[baseline bum]

Wow. She's quite the cunt.

Imagine being mad about an assassination attempt when she could direct her fury towards more important things like new lightbulb standards.

[SpursforSix]

what in the actual fuck

Stock market good until the little guys have some control.

I always wondered what would happen if someone like Kim Kardashian said she was investing in x stock.

[baseline bum]

Ruh roh

1354853920762253315

LOL one of those redditors screwed over will probably go shoot the corporate headquarters up

[Winehole23]

1354856125926170624

[koriwhat]

Lmao the wealthy are upset. F them all!

[ChumpDumper]

Wow. She's quite the cunt.:lmao NOW Darrin clutches his pearls?

We all know who the cunt is here.

[TimDunkem]

Bigly if tru

1354862466254204933

[hater]

But but Biden.... :lmao

Also I would like to quit my job tol as I work for these assholes. I hear that dude that works for RH

[Trainwreck2100]

Bigly if tru

1354862466254204933
Probably bullshit sounds like some qanon shit

[TimDunkem]

Probably bullshit sounds like some qanon shit
Yeah not buying the WH shit. This isn't even really a conspiracy anyway. All of this is being done in plain sight.

[SnakeBoy]

I dont see AMC or Gamestop dropping too low. If theybdo ppl will buy right back. Wall Street has lost this battle. Only question is how bad. Will they lose and arm, a leg or be decapitated. I think the panic of them stopping buys is simply to avoid decapitation.

Normally when the dump happens it happens fast and the losers are the stupid ones hanging on hoping it will go back up any day.

lol saying Wall Street lost tho. Real wall street like Goldman, Blackrock, Berkshire, etc. don't give a fuck about GME and AMC.

[Trill Clinton]

She wasn't done

1354852019023052801

[Trainwreck2100]

Yeah not buying the WH shit. This isn't even really a conspiracy anyway. All of this is being done in plain sight.

Im a comp sci guy who just happens to have whisstleblower info that could earn me millions but ill just post it here and keep my job. Fuck outta here with that shit

[TimDunkem]

Class action lawsuit filed in the southern district of NY against Robinhood. :lol

[Trainwreck2100]

Class action lawsuit filed in the southern district of NY against Robinhood. :lol

Depressing the market and cashing out without permission, not sure about the second one, but that ceo must have been given some serious guarantees for some cash

[FrostKing]

https://i.ibb.co/WgH3gqd/unknown.png

[SpursforSix]

LOL one of those redditors screwed over will probably go shoot the corporate headquarters up

I'd like to know that positions held by that group. My guess is that it's millions of people with very small amounts of shares.

[SnakeBoy]

if i was a hedge fund, I might short em again.

I think Will Hunting said he bought 2022 puts which seems like a sure bet. I'm sure hedge funds are having similar thoughts.

I'd do the same if I traded options but I don't and have no reason to start now

[baseline bum]

I think Will Hunting said he bought 2022 puts which seems like a sure bet. I'm sure hedge funds are having similar thoughts.

I'd do the same if I traded options but I don't and have no reason to start now

He has puts at $30 right? No way that stock is worth $30 in a year. When you go into a Gamestop now they don't seem to have a ton of used inventory thanks to the pandemic and with 2 of the 4 new consoles digital only they're not going to survive this console generation that just started. All their profit comes from buying games used for $10 or $15 and selling them for $55 (when the new game is $60) but can't sell them a digital copy of your game. They're also all over the place, like fucking Starbucks, from buying out all their competition 15 years ago.

[spurraider21]

1354874931092348933

[hater]

Normally when the dump happens it happens fast and the losers are the stupid ones hanging on hoping it will go back up any day.

lol saying Wall Street lost tho. Real wall street like Goldman, Blackrock, Berkshire, etc. don't give a fuck about GME and AMC.

They lost the battle tbqh

I didnt say they lost the war. Of course they will recover

But still :lmao 70 billion in losses :lol

https://twitter.com/JakeParkerLIVE/status/1354851714688380928?s=19

[TimDunkem]

Constant ladder attacks, RH's illegal bs, media disinformation, piling on new shorts and they STILL can't keep the price below $250. :lol

[SnakeBoy]

He has puts at $30 right? No way that stock is worth $30 in a year. When you go into a Gamestop now they don't seem to have a ton of used inventory thanks to the pandemic and with 2 of the 4 new consoles digital only they're not going to survive this console generation that just started. All their profit comes from buying games used for $10 or $15 and selling them for $55 (when the new game is $60) but can't sell them a digital copy of your game. They're also all over the place, like fucking Starbucks, from buying out all their competition 15 years ago.

It's probably $5 or less next year. I don't know the company but just from what I have read over the past day it seems like they are only about 2-3 years from going bust.

[Splits]

She wasn't done

1354852019023052801

gottdamn

https://i.pinimg.com/originals/47/12/89/471289cde2490c80f60d5e85bcdfb6da.gif

[Will Hunting]

I think Will Hunting said he bought 2022 puts which seems like a sure bet. I'm sure hedge funds are having similar thoughts.

I'd do the same if I traded options but I don't and have no reason to start now
Tbh I was kinda a pussy by paying a premium on options that far out, I just knew that doing so gave me complete downside protection.

[baseline bum]

It's probably $5 or less next year. I don't know the company but just from what I have read over the past day it seems like they are only about 2-3 years from going bust.

Plus their core market hates them because the company is in such dire straits that workers are forced to aggressively push membership cards and extended warranties on everything. I swear they'd try to push a game protection guarantee if I bought a pack of Sour Patch Kids from their store. Their corporate is also massively stupid. When they have big national trade in promotions I have been able to basically have them buy me new games a few times. I'll miss them when they go under.

[SnakeBoy]

Tbh I was kinda a pussy by paying a premium on options that far out, I just knew that doing so gave me complete downside protection.

I saw pumpers on stocktwits telling people to hold for $2000 next year :lol

[baseline bum]

Constant ladder attacks, RH's illegal bs, media disinformation, piling on new shorts and they STILL can't keep the price below $250. :lol

So I take it a bunch of stop orders when it went to $492 a couple of hours ago?

[ElNono]

Even Trump Jr looks good in this debacle :lol

Imagine being so shitty and corrupt thay you make Trump Jr look good :lmao

https://twitter.com/DonaldJTrumpJr/status/1354793103090212865?s=19

When Jr, AOC and Felito Cruz all agree, you know the end is near :lol

[Adam Lambert]

Jr. can eat a dick, tbh. If his Daddy was still president, he'd be calling this an attack on our financial system by Antifa.

[Splits]

Plus their core market hates them because the company is in such dire straits that workers are forced to aggressively push membership cards and extended warranties on everything. I swear they'd try to push a game protection guarantee if I bought a pack of Sour Patch Kids from their store. Their corporate is also massively stupid. When they have big national trade in promotions I have been able to basically have them buy me new games a few times. I'll miss them when they go under.

https://pbs.twimg.com/media/Es1TZptXUAEvaaX?format=jpg&name=medium

[boutons_deux]

Robinhood hit with 2 suits, so far, by RH cliens claiming market manipulation, loss of income, etc, etc.

Maybe the entire clientele would form a "class" and file class action suit.

[hater]

:lmao CNN defending Wall Street and blaming Trump for this :lmao :lol

https://twitter.com/the__misfit/status/1354662753923948544?s=19

[hater]

:lmao FT defending Wall Street also and calling redditors white supremacists :lmao

https://twitter.com/FT/status/1354715276852527104?s=19

[hater]

And theres your main stream media

They are now trying to equate wallstreetbets to alt right and will probably call them domestic terrorists

[Trainwreck2100]

:lmao CNN defending Wall Street and blaming Trump for this :lmao :lol

https://twitter.com/the__misfit/status/1354662753923948544?s=19

"The strategy is to show the elites theyre wrong"


No you dumbass the strategy is to make money on the short squeeze. Because those idiots over leveraged themselves

[boutons_deux]

Investment Firms Are the Big Winners of the GameStop Stock Revolution So Far

The entities that own the majority of GameStop stock (https://news.gamestop.com/stock-information/institutional-ownership) are also humongous investment firms and private equity. These entities, such as Fidelity and BlackRock, all own millions of GameStop shares each.

Take BlackRock, the massive investment fund which seems to own a chunk of every company, including 13.2 percent of GameStop. BlackRock owned about 9.2 million shares worth about $174 million in December 2020 according to an SEC filing published on Tuesday (https://www.sec.gov/Archives/edgar/data/1326380/000083423721001340/0000834237-21-001340-index.htm). That stake is worth about $3.1 billion right now.

Board member Ryan Cohen—who paid roughly $76 million for his 13 percent (https://markets.businessinsider.com/news/stocks/gamestop-stock-price-investment-ryan-cohen-chewy-founder-1700-return-2021-1-1030000866)—is also sitting on a stake approximately worth $3 billion.

There's also Donald Foss, founder and former chief executive of subprime auto lender Credit Acceptance Corp.

He bought 5 percent of Gamestop last February (https://www.crainsdetroit.com/investing/michigan-billionaire-don-foss-sees-his-gamestop-stock-value-balloon-gamestop-traders#:~:text=Foss%20held%20about%205.3%20percen t%20of%20the%20company.) for $12 million, it's nearly worth $1.2 billion now.

https://www.vice.com/en/article/y3gepx/investment-firms-are-the-big-winners-of-the-gamestop-stock-revolution-so-far (https://www.vice.com/en/article/y3gepx/investment-firms-are-the-big-winners-of-the-gamestop-stock-revolution-so-far)

[DMX7]

Investment Firms Are the Big Winners of the GameStop Stock Revolution So Far

The entities that own the majority of GameStop stock (https://news.gamestop.com/stock-information/institutional-ownership) are also humongous investment firms and private equity. These entities, such as Fidelity and BlackRock, all own millions of GameStop shares each.

Take BlackRock, the massive investment fund which seems to own a chunk of every company, including 13.2 percent of GameStop. BlackRock owned about 9.2 million shares worth about $174 million in December 2020 according to an SEC filing published on Tuesday (https://www.sec.gov/Archives/edgar/data/1326380/000083423721001340/0000834237-21-001340-index.htm). That stake is worth about $3.1 billion right now.

Board member Ryan Cohen—who paid roughly $76 million for his 13 percent (https://markets.businessinsider.com/news/stocks/gamestop-stock-price-investment-ryan-cohen-chewy-founder-1700-return-2021-1-1030000866)—is also sitting on a stake approximately worth $3 billion.

There's also Donald Foss, founder and former chief executive of subprime auto lender Credit Acceptance Corp.

He bought 5 percent of Gamestop last February (https://www.crainsdetroit.com/investing/michigan-billionaire-don-foss-sees-his-gamestop-stock-value-balloon-gamestop-traders#:~:text=Foss%20held%20about%205.3%20percen t%20of%20the%20company.) for $12 million, it's nearly worth $1.2 billion now.

https://www.vice.com/en/article/y3gepx/investment-firms-are-the-big-winners-of-the-gamestop-stock-revolution-so-far (https://www.vice.com/en/article/y3gepx/investment-firms-are-the-big-winners-of-the-gamestop-stock-revolution-so-far)

wallstreetbets is taking some hedge funds to the cleaners, but plenty of big funds are banking off of it. The whole thing seems like a scam. wouldn't surprise me if at least some pros are behind this short squeeze. Pros maybe tell normal people to "stick it to the man" on wall street and instead most average Joes stick it to themselves.

[SnakeBoy]

https://pbs.twimg.com/media/Es1TZptXUAEvaaX?format=jpg&name=medium

2000 sq ft 3 story building????

[SnakeBoy]

Robinhood to allow 'limited' buys of GameStop, AMC, others on Friday
https://www.marketwatch.com/story/robinhood-to-allow-limited-buys-of-gamestop-amc-others-on-friday-2021-01-28

[Splits]

https://pbs.twimg.com/media/Es1bct8U0AIxwsJ?format=jpg&name=large

[baseline bum]

:lmao CNN defending Wall Street and blaming Trump for this :lmao :lol

https://twitter.com/the__misfit/status/1354662753923948544?s=19

Fucking media trying to slander Wall Street Bets as a bunch of alt right trolls instead of focusing on the villain hedge funds naked shorting.

[SnakeBoy]

1354882529107406850

[Adam Lambert]

Deleted. Misread.

[koriwhat]

1354882529107406850

Lmao She'll have to circle back again.... This lady is such a dummy. Going from McEneny to this hack is like going from a ferrari to a fiero with a ferrari body kit on it.

[koriwhat]

When has a Press Secretary ever advised the President on Financial matters?

:lol Columbia Bugle

Treasury Secretary you moron!

[Adam Lambert]

Treasury Secretary you moron!


Going from McEneny to this hack

Shhh

[koriwhat]

Shhh

You're a moron bro and you swerving reality isn't going to change that fact about you. Shit troll!

[ElNono]

:lmao FT defending Wall Street also and calling redditors white supremacists :lmao

https://twitter.com/FT/status/1354715276852527104?s=19

This article was changed after publication to remove a speculative reference to the US alt-right and to clarify that the server of the r/WallStreetsBets message board has reportedly been banned by the chat app Discord for “hate speech” and “glorifying violence”.

[SnakeBoy]

Charles Payne with the right take as usual


https://www.youtube.com/watch?v=QUYguOq5xek&feature=emb_logo

[spurraider21]

dogecoin also skyrocketing :lol

[baseline bum]

This comment from WallStreetBets :lmao


Man, when I tell my kids that I bought some stock in a game shop because a retard on the internet told me to and a month later the entire stock market collapsed, they are gonna think I’m a bullshitting old idiot. Holding until infinity as per ����

[SnakeBoy]

This comment from WallStreetBets :lmao

:lol

[SnakeBoy]

https://i.redd.it/3lo7rt55p5e61.jpg