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Old 01-27-2021, 11:35 AM
regandna regandna is offline
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Wth is going on and how can I capitalize on this Reddit unity to undercut the hedge funds?
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Old 01-27-2021, 11:40 AM
Toxigen Toxigen is offline
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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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Old 01-27-2021, 12:09 PM
Toxigen Toxigen is offline
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Quote:
Originally Posted by GMT6 [You must be logged in to view images. Log in or Register.]
Basically its thousands of people all investing together pump and dumping worthless corporations for profit and leaving them in ashes
But only possible because big hedge funds shorted the stock.

Its market makers vs. retail investors....and the retail investors are winning for once.
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Old 01-27-2021, 12:23 PM
Gwaihir Gwaihir is offline
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Gamestop should be bankrupt though. Steam replaced them like 15 years ago.
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Old 01-27-2021, 02:36 PM
Kich867 Kich867 is offline
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Quote:
Originally Posted by Gwaihir [You must be logged in to view images. Log in or Register.]
Gamestop should be bankrupt though. Steam replaced them like 15 years ago.
Prime example of how the stock market doesn't actually reflect the company that stock is for. It's just a supply/demand market with made up numbers based on that company.

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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Old 01-27-2021, 02:45 PM
magnetaress magnetaress is offline
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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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Old 01-27-2021, 02:49 PM
Tunabros Tunabros is offline
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Quote:
Originally Posted by Gwaihir [You must be logged in to view images. Log in or Register.]
Gamestop should be bankrupt though. Steam replaced them like 15 years ago.
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Old 01-27-2021, 03:03 PM
Kaveh Kaveh is offline
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Quote:
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.
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Old 01-27-2021, 04:24 PM
Kaveh Kaveh is offline
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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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Old 01-27-2021, 04:32 PM
Toxigen Toxigen is offline
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i should be good for at least $70k myself...i mean half goes away to capital gains but ill take it for 1 weeks worth of butt pucker

im planning on selling friday but if it hits $500 before that im out
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Last edited by Toxigen; 01-27-2021 at 04:41 PM..
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