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Aqua Panda said:
They are going to have a hard time justifying halting trading for discussions on open public fourms. There is nothing illegal about saying you like a stock and are going to buy it.

Someone is going to lose millions and is going to try and sue them for insider trading. This is basically Wallstreet throwing a tantrum that they are the ones getting fucked this time.
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Yes, literally so. Especially since apparently Melvin has been shorting Tesla for years, alongside intentionally talking shit about it to depress the stock. This whole thing was sparked off when they tried to do the same thing to Gamestop but apparently Gamestop doesn't have enough stock or enough volume for them to do it, and 4chan/Reddit stepped in and bought up enough stock to make it impossible for them to do.

To be clear, the general consensus on 4chan and WSB seems to be not "we're gonna make a shitload of money" and more "we're going to fucking destroy Melvin Capital, maybe a few others, and send a message to Wallstreet."

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HTTP Error 404 said:
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When you meme so hard the old entrenchedbastards have to threaten you to stop.
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I hope they realize that bots are already being programmed now to put out false information to exploit this. These glorious autists will cause them to freeze important accounts just to spite them out of millions of dollars.

This whole shitshow could go big and nuclear pretty damn quick. Over fucking Gamestop of all things. :story:

Edit: Jesus Christ, the market auto shutdowns may trip before the opening bell at this rate.
 
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Aqua Panda said:
I hope they realize that bots are already being programmed now to put out false information to exploit this. These glorious autists will cause them to freeze important accounts just to spite them out of millions of dollars.

This whole shitshow could go big and nuclear pretty damn quick. Over fucking Gamestop of all things. :story:
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Don't forget that the fed doubled the amount of currency in the market last year, in order to keep the lockdowns going (to fuck Trump) but not completely destroy the economy.

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So this is all happening at the same time the US economy is at an incredibly fragile state.

A bunch of autists on 4chan/Reddit might be the domino that causes the entire system to collapse. Wonder if this will cause Crypto to go up.
 
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Aqua Panda said:
They are going to have a hard time justifying halting trading for discussions on open public fourms. There is nothing illegal about saying you like a stock and are going to buy it.

Someone is going to lose millions and is going to try and sue them for insider trading. This is basically Wallstreet throwing a tantrum that they are the ones getting fucked this time.
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I'd love to see that court case.
"Mr NiggerCabbage6969 how do you plead to the accusation of insider trading presented here by Goldberg & Schnozz?"
"Your honor, respectfully, in this binder you'll find a compilation of 27 daily timestamped Reddit threads titled 'WE IN BOIS GME GANG' as well as close to 800 public posts I've made saying 'I LIKE THIS STOCK', alongside multiple timestamped posts describing how, why, and when I'm buying GME and what my wife's boyfriend opinion and cock is like. All of said postings as well as the source data are hosted on platforms open to the public and were always available to Goldberg & Schnozz. I plead not guilty and my lawyer will be drafting a motion to dismiss this case."
"Thank you for your explanation Mr Cabbage. I also have one question off the record, could you tell me why are you wearing gloves at court?"
"THOSE ARE DIAMOND FUCKING HANDS BABYYYYYYYYY"
 
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They targeted gamers.

Gamers.

We're a group of people who will sit for hours, days, even weeks on end performing some of the hardest, most mentally demanding tasks. Over, and over, and over all for nothing more than a little digital token saying we did.

We'll punish our selfs doing things others would consider torture, because we think it's fun.

We'll spend most if not all of our free time min maxing the stats of a fictional character all to draw out a single extra point of damage per second.

Many of us have made careers out of doing just these things: slogging through the grind, all day, the same quests over and over, hundreds of times to the point where we know evety little detail such that some have attained such gamer nirvana that they can literally play these games blindfolded.

Do these people have any idea how many controllers have been smashed, systems over heated, disks and carts destroyed 8n frustration? All to latter be referred to as bragging rights?

These people honestly think this is a battle they can win? They take our media? We're already building a new one without them. They take our devs? Gamers aren't shy about throwing their money else where, or even making the games our selves. They think calling us racist, mysoginistic, rape apologists is going to change us? We've been called worse things by prepubescent 10 year olds with a shitty head set. They picked a fight against a group that's already grown desensitized to their strategies and methods. Who enjoy the battle of attrition they've threatened us with. Who take it as a challange when they tell us we no longer matter. Our obsession with proving we can after being told we can't is so deeply ingrained from years of dealing with big brothers/sisters and friends laughing at how pathetic we used to be that proving you people wrong has become a very real need; a honed reflex.

Gamers are competative, hard core, by nature. We love a challange. The worst thing you did in all of this was to challange us. You're not special, you're not original, you're not the first; this is just another boss fight.
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Also, Louis weighs in.

 
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FAQnews Correspondent said:
So they're saying that you can't tell people you like the stock and want to buy, but the hedge funds can make money off people losing their jobs and suffering? Why are the elites so mask off lately?
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They literally just stole an election in open defiance of more than half of the United States telling them to fuck off. They were then able to narrative engineer the downfall of Trump by pretending he lead a coup (when in reality it was a professional BLM agitator with a CNN freelancer infiltrating a protest AGAINST the coup).

Why wouldn't they be mask off? They don't need to pretend anymore. They control the West.
 
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Aqua Panda said:

They are soooo pissed and already demanding new regulations.

Edit: And reports are now out that Melvin Capital has closed out Gamestop. The opening bell is going to be wild.
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The reports that Melvin closed out (at something like a 1500% loss if they shorted it to $30) are false, the number of shorts didn't apparently change. CNBC is literally trying to manipulate the market to save Melvin's asses.

Granted, that 1500% number will gain a digit or two if this lasts until Friday when the short comes due, since heh, apparently they shorted several times more stocks than actually exist for the company.


Edit: GME has gone from $220 to $320 in the past 10 minutes, and the stock market still hasn't opened. Holy FUCK.

Edit2: $350.

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Edit: In the time it took me to edit and hit paste on that screenshot, it hit 360.

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In the time it took me to type THAT and go for a screenshot, it hit 365.

Edit:

By the time the forum finished saving my post, $375.

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And then $380 before I finished typing that sentence.

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HTTP Error 404 said:
The reports that Melvin closed out (at something like a 1500% loss if they shorted it to $30) are false, the number of shorts didn't apparently change. CNBC is literally trying to manipulate the market to save Melvin's asses.

Granted, that 1500% number will gain a digit or two if this lasts until Friday when the short comes due, since heh, apparently they shorted several times more stocks than actually exist for the company.


Edit: GME has gone from $220 to $320 in the past 10 minutes, and the stock market still hasn't opened. Holy FUCK.

Edit2: $350.

View attachment 1875242

Edit: In the time it took me to edit and hit paste on that screenshot, it hit 360.

View attachment 1875243

In the time it took me to type THAT and go for a screenshot, it hit 365.

Edit:

By the time the forum finished saving my post, $375.

View attachment 1875244

And then $380 before I finished typing that sentence.

View attachment 1875245
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Green line go up

Apparently what happened according to a WSB user was that an amount in I think Europe ran out, so price immediately went supersonic
 
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HTTP Error 404 said:
The reports that Melvin closed out (at something like a 1500% loss if they shorted it to $30) are false, the number of shorts didn't apparently change. CNBC is literally trying to manipulate the market to save Melvin's asses.

Granted, that 1500% number will gain a digit or two if this lasts until Friday when the short comes due, since heh, apparently they shorted several times more stocks than actually exist for the company.


Edit: GME has gone from $220 to $320 in the past 10 minutes, and the stock market still hasn't opened. Holy FUCK.

Edit2: $350.

View attachment 1875242

Edit: In the time it took me to edit and hit paste on that screenshot, it hit 360.

View attachment 1875243

In the time it took me to type THAT and go for a screenshot, it hit 365.

Edit:

By the time the forum finished saving my post, $375.

View attachment 1875244

And then $380 before I finished typing that sentence.

View attachment 1875245
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The hedge funds lied in the media about "closing their positions". In reality, they doubled down! 250% FLOAT! :story:

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Guli said:
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All those years of rewatching The Big Short, it's finally coming together BAYBEE
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This is like watching "The Big Short" and "Molly's Game" (pretty good movie) at the same time.

Wall Street is going full tilt. Who'd knew memery and weaponized autism would break Wall Street so fucking hard.


"NOOOOOOOO START REGULATING SOCIAL MEDIA!!!!!! I NEED TO GET BACK TO EVEN!!!!! AAAAAHHHHHHH"
 
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Aqua Panda said:
If they lied on national TV about their position, they are so deeply and absolutely fucked.

Jesus, this entire shitshow is amazing.
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They didn't lie. They used "anonymous sources" and had CNBC lie for them.



Here's the current livestream from WSB.

- YouTube

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
www.youtube.com www.youtube.com


Brokers are going down globally. No idea if it's fuckery or just a massive amount of autists.
 
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