/r/wsb autists taking on a wallstreet hedgefund. Elon musk involved as always / wallstreetbets / gamestop - Gamergate 2: financial boogaloo

Watching that anchor quivering in his suit was a real treat. Stocks are worth what people will pay for them, not what he decides they're worth.
I love how he's pretending that stock market prices in all cases but this one are connected to their fundamentals. Because Telsa is fundamentally worth more than every other car manufacturer combined, despite producing a fraction of the cars on the market, and that makes sense, right? So many companies out there are insanely over-valued. Has Twitter managed to turn a profit yet? And what's their stock price? Stock prices are commonly disconnected from fundamentals, because trading occurs based on what price people are willing to pay for the stock, and that willingness can occur for any sort of reason. The fact that retailers have figured out how to make a profit just burns them sooo much.


People aren't seeing the forest from the trees here. The rest of the market took a sizable shit today, and it seems only memes made it out unscathed.
There's a good chance that it has to do with the Gamestop stock as well. All those hedgefunds that had massive short positions in companies who might be the next target of the Reddit mob are feeling a sudden pressure to cover their short positions. They need cash to do that, so that means they need to sell some of their productive stocks. The influx of sellers into those companies drives the stock prices down. This could be a great catalyst for making the stock market much more rational. Actual risk is a wonderful motivator.
 
You fucking idiots REALLY don’t understand how serious this is do you? You’re causing major institutions to lose billions of dollars and might even cause the grandparent loaning bank to go under. People will lose their homes, people’s mortgages and investments will be impacted as a result. There is a loser on every trade and mark our words at the end of the day it WILL be you

Enjoy retaining a lawyer and fighting off discovery for the next five years. Was it worth ruining your life for a 10x? Good luck explaining why you’re using words like “Jew” and “nigger” to a federal judge. Enough is enough and it’s about time someone took you man children down a notch
are you a retarded nigger that came from the abortion trash bin where the fuck were you when people were getting looted seriously come drink my CUM
 
Hahahhaha they still found a way to blame trump for it
Like GG, Trump was the first time they found any real challenge to their authority, the first real time they got a bloody nose. Therefore, any pushback in the future to fight back against the progressive elites will always be linked to those "traumatic" events.
 
They pumped BBW because of the stock ticker, lol.
It was a sad day when Cummins Engines (CUM) became Cummins, Inc. (CMI). And probably a lost opportunity. The old ticker has even been purged from their Wikipedia page, oddly.

edit: The old ticker has been so purged I started to doubt myself. But I was remembering right, even if all I can even find for the old ticker are some silly message board posts from around the turn of the century.

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So has MSM actually used the words "economic terrorism" yet? Or do we need to wait a bit and tune in tomorrow—same Bat-time, same Bat-channel? I won't be surprised the media go ham saying "Q-anon/MAGA/TRUMPIST ALT-RIGHTERS ARE DOING THIS TO DESTROY THE ECONOMY!!!!"
I also wonder when will the usual suspects start screaming up to daddy google and papa apple to ban robin hood because "domestic economic terrorism" or some such nonsense.
I'm amazed not to have heard any hot takes linking this to GamerGate yet.

Ninja'd by @Xarpho
 
I barely understand any of this stock market shit but as long as the rich douchebags are getting fucked over I'm happy. Anything that fucks over rich douchebags is a good thing and I hope there's as much of it as possible.

Godspeed, you retarded autists. You're not the heroes we wanted, but you're the heroes we need.
 
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