Gamestop

[magnetaress]

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This is why America is so great. I am so happy!

[Jibartik]

In the 1920s, about 6 old super rich men would do this in a secret room.

Now in 2021, like 6,000 poor people did in a subreddit lol.

[Bardp1999]

I read about this for like an hour today, truly fascinating. But to OPs question I am certain the time to jump in on this has passed, you do it now and you will end up with $300 purchase price and $10 value, i think the hedge funds have already bailed.

[magnetaress]

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[Cassawary]

wsb down, federal charges inc

[magnetaress]

Ya. I feel bad. I want to say gamestop and the hedgefund needed slaying and this is evil and bad that the gov acts so quick on this but not anything else.

[Cassawary]

Originally Posted by magnetaress [You must be logged in to view images. Log in or Register.]

Ya. I feel bad. I want to say gamestop and the hedgefund needed slaying and this is evil and bad that the gov acts so quick on this but not anything else.

true, punishment will be a godsend for the illiberal left [You must be logged in to view images. Log in or Register.]

[cd288]

Originally Posted by Toxigen [You must be logged in to view images. Log in or Register.]

But only possible because big hedge funds shorted the stock.

Its market makers vs. retail investors....and the retail investors are winning for once.

Asset managers shorted the stock because it was a dead company in the first place. Let’s not pretend that GameStop is some viable company that wasn’t going to end up in bankruptcy regardless

[cd288]

Originally Posted by Bardp1999 [You must be logged in to view images. Log in or Register.]

I read about this for like an hour today, truly fascinating. But to OPs question I am certain the time to jump in on this has passed, you do it now and you will end up with $300 purchase price and $10 value, i think the hedge funds have already bailed.

It’s essentially Bitcoin now. No real support to the value other than people thinking it will go up because people will keep buying it. Will crash once it hits the tipping point of people thinking the value is good enough for them/too high and they can’t risk staying in any longer

[Lune]

Originally Posted by Kaveh [You must be logged in to view images. Log in or Register.]

I hate gambling, greed, and the irresponsibility of it all. But I hope some kids who worked hard and grew up poor get very very rich with hedge fund manager’s money

Probably the best fucking news I’ve heard in a long while

This. Fuck the hedge funds. Unfortunately they are leveraging every institutional weapon they have to bring down the hammer on retail investors. WSB got nuked.