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

The sheer unification that this is causing is just beautiful. Left-wing, Right-wing, pro-Trump, pro-Biden, Communist, Capitalist, it doesn't fucking matter. Every single person who isn't from Wall Street itself is piling in to kick them in the ribs as hard as they can, or is standing on the sidelines cheering it on. This became such a worldwide story that by noon today my entire friend group was talking about it, and half of them don't even live in this country. France, Bulgaria, Spain, it didn't matter where they came from, everyone was laughing hysterically at Wall Street getting kicked in the dick.
This is what happens when gamers rise up and it is freaking epic.
 
i wonder how leftoids will cope with the fact that right wing (for the most part) autists literally memed a stock to explode in value causing actual harm to wallstreet, hedge funds, these autists have done more damage in 2 weeks than what leftoids were doing for decades
Alienated from human contact, watching something burn is the only warmth we feel.
 
Unless they outright create a protected noble class where only they are allowed to manipulate shorts, it won't stop them, and if they do that, lawsuits will fly

They don't need to wall off everyone, they just need to raise the barrier for entry to where you don't have literally anyone who can read a reddit thread piling in. Same shit happened with day trading post dot-com bubble, and it dealt a huge blow to retail for a long time afterward.
 
Unless they outright create a protected noble class where only they are allowed to manipulate shorts, it won't stop them, and if they do that, lawsuits will fly
It already works like that. Only wealthy investors and big funds can short-sell, because they have Margin. Because it's high risk, high liability, and you're still obliged to pay out. If stocks don't fall and instead rise, then you owe money.

The redditors did not short-sell. All they did was buy a stock that was being short-sold to hell and back by these wealthy investors. Nothing illegal took place. All they did was buy stock, which everyone is allowed to do.

:story: They have no idea how to deal with this right now and they're furious because of it. It's literally the same shit as the Capitol Hill riots where all they can do is seethe.
 
The sheer unification that this is causing is just beautiful. Left-wing, Right-wing, pro-Trump, pro-Biden, Communist, Capitalist, it doesn't fucking matter. Every single person who isn't from Wall Street itself is piling in to kick them in the ribs as hard as they can, or is standing on the sidelines cheering it on. This became such a worldwide story that by noon today my entire friend group was talking about it, and half of them don't even live in this country. France, Bulgaria, Spain, it didn't matter where they came from, everyone was laughing hysterically at Wall Street getting kicked in the dick.
This only showcases how massively dangerous and disruptive free speech and the internet are for the elite
 
And on Holocaust Remembrance Day, too.

Stonks go this high.
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How could the Holocaust have happened if I can't remember it happening?
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It already works like that. Only wealthy investors and big funds can short-sell, because they have Margin. Because it's high risk, high liability, and you're still obliged to pay out. If stocks don't fall and instead rise, then you owe money.

The redditors did not short-sell. All they did was buy a stock that was being short-sold to hell and back by these wealthy investors. Nothing illegal took place. All they did was buy stock, which everyone is allowed to do.

:story: They have no idea how to deal with this right now and they're furious because of it. It's literally the same shit as the Capitol Hill riots where all they can do is seethe.
This only means they have to extend it to buying stocks in general, no wonder they are shitting their pants, they really got them gripped by the balls
 
The sheer unification that this is causing is just beautiful. Left-wing, Right-wing, pro-Trump, pro-Biden, Communist, Capitalist, it doesn't fucking matter. Every single person who isn't from Wall Street itself is piling in to kick them in the ribs as hard as they can, or is standing on the sidelines cheering it on. This became such a worldwide story that by noon today my entire friend group was talking about it, and half of them don't even live in this country. France, Bulgaria, Spain, it didn't matter where they came from, everyone was laughing hysterically at Wall Street getting kicked in the dick.
Biden voters, maybe, but I guarantee that any genuine Neoliberal is clutching their pearls and ranting on TV. The fact that they're calling this shit Trumpian and the only appeals that they can make are based on Identity Politics leaves me to believe that globohomo is very unhappy.
 
The sheer unification that this is causing is just beautiful. Left-wing, Right-wing, pro-Trump, pro-Biden, Communist, Capitalist, it doesn't fucking matter. Every single person who isn't from Wall Street itself is piling in to kick them in the ribs as hard as they can, or is standing on the sidelines cheering it on. This became such a worldwide story that by noon today my entire friend group was talking about it, and half of them don't even live in this country. France, Bulgaria, Spain, it didn't matter where they came from, everyone was laughing hysterically at Wall Street getting kicked in the dick.
When the leftist said it was time for unity, I'm sure nobody imagined it would be this sort of Unity. I'm sure though that nearly everyone can agree that kicking Wall Street and the feds in the dick is way more fun than screaming at eachother.
 
Yeah. It's funny on its face, but there's an underlying anger at how the government will scramble to back these big guys, while leaving the average person paying the bill.
You're right but eventually the government will have to come to terms with what will happen if they continue to overstep their boundaries. The average person is not as stupid as they would like to believe. The average people together will figure out another way to get back at them. And it seems like the more and more they do to try to curb it the worse the next hit is. The QAnon people are schizos but they actually stormed the Capitol building. WSB is a bunch of idiots normally but they found a way to really put a scar on Wall Street. With big tech and the mainstream social media seemingly killing themselves, it's only going to be more decentralized and crazier. We are in for an interesting time.
 
The problem after today is that they are going to crack down on this and the federal government will fuck over the small investors.
The more they try to crackdown, the harder they fuck themselves in the long term. To borrow some market terminology, elites have been liquidating their credibility with the general populous for short term power grabs that don't last. As others have speculated, the lockdowns and bread+circuses being sub par due to cultural politics is probably what drove so many into the world of stonks.
 
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