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#1
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Gamestop
Wth is going on and how can I capitalize on this Reddit unity to undercut the hedge funds?
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#2
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r/wsb
step 1: fund a robinhood account step 2: buy GME shares step 3: pucker your asshole as you sweat out trying to decide when to sell before the short squeeze ends don't get caught holding the bag | ||
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#3
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#4
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Gamestop should be bankrupt though. Steam replaced them like 15 years ago.
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#5
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In this case, the supply is very low and the demand is becoming rapidly and rapidly higher. Once the hedge funds short position collapses the demand is going to skyrocket (because everyone is just holding and waiting for this to happen) and people can just set their price. Very interested to see what happens this friday. It wouldn't surprise me if the value went up well over $1000. | |||
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#7
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But the redditors thought it would be a meme to pump the stock just to fuck them over. The result was higher than they expected and a lot of them made a lot of money. Now you can basically only sell it though, because the people who are shorting the stock, are rich, and the rich made it so the poor can no longer buy GME stock by locking it out of their platforms, therefor the stock will tank and they will get their short returns. It's the most corrupt thing Ive ever seen happen. Edit: Ironically, take everything conservatives are crying about social media right now, and replace it with investment platforms and millions of people's investments, and hedge funds banning them, because those smaller people's investments would ruin the hedge funds BIG BET investment. | |||
Last edited by Jibartik; 01-28-2021 at 03:09 PM..
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#8
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Our entire economy shouldn't exist according to basic math and logistics.
So I see absolutely nothing wrong here. Totally cool and normal. Everything is fine. | ||
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#9
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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 | ||
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#10
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