Gamestop

[regandna]

Wth is going on and how can I capitalize on this Reddit unity to undercut the hedge funds?

[Toxigen]

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

[Jibartik]

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

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

robinhood's CEO is tied to a headgefund that has 20billion shorting GME so dont do step 1 because they already locked you out of being able to buy GME with that app so they wont lose money on their investment.

[Gwaihir]

Gamestop should be bankrupt though. Steam replaced them like 15 years ago.

[Kich867]

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.

[Tunabros]

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.

[Jibartik]

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.

Thats why the hedgefudns were shorting it.

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.

[magnetaress]

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.

[Kaveh]

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

[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.