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

KuroiNPC said:
I don’t think this is as incredible a win as a lot of you seem to. A lot of market maker HFTglowbots and less retarded funds/(((investors))) are making bigger bank than anyone from this. I honestly wouldn’t even doubt that they intentionally amplified the fervour over it, at least once they knew it was unavoidable, to both siphon money for themselves and to have an excuse for further regulation of pleb access to financial services.
Wall street is not suffering from this as much as they want you to think it is, it’s mostly one fund and their couple frens, and they’ll get bailed out by their even richer and even more semitic frens.
i just don’t see the results of this being as victorious as some of you.
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Fucking up one wall street hedge fund is better than fucking up zero wall street hedge funds, though. And for a long time it was zero
 
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it all returns to nothing

IT ALL COMES TUMBLING DOWN TUMBLING DOWN
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their site is down
melvincapital.com
 
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So I'm pretty illiterate with this whole sector/situation but is there a good chance that this might have a ripple affect that could impact the banks? If so, then it almost feels like some sort of one last "fuck you" from Andrew Jackson after they unsealed his spiritual body from the 20 dollar bill (maybe sealing him away was the real reason he was put on the bill, since they have no official explanation) with the whole idea of replacing him that Biden has sped up.

Doesn't sound out of character for a man with such hatred for banks and those that make up them to place some beyond the grave curse on the whole system.
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I'll take my puzzle pieces now thanks.
 
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Moguro Fukuzou said:
So I'm pretty illiterate with this whole sector/situation but is there a good chance that this might have a ripple affect that could impact the banks? If so, then it almost feels like some sort of one last "fuck you" from Andrew Jackson after they unsealed his spiritual body from the 20 dollar bill (maybe sealing him away was the real reason he was put on the bill, since they have no official explanation) with the whole idea of replacing him that Biden has sped up.

Doesn't sound out of character for a man with such hatred for banks and those that make up them to place some beyond the grave curse on the whole system.
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I'll take my puzzle pieces now thanks.
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Seeing how the law keeping lending institutions from speculating in the market was repealed in the early 2000s, yes, it is possible that some banks will be burned by this
 
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likeacrackado said:
Predictions: the trading apps will get locked down and you'll be forced to do it the old fashion way(if you're an average joe). The WSB subreddit will get the r/the_Donald treatment, Reddit admins will gut their mod team and install puppets who'll enforce the "market manipulation" rule on a much broader level(this may already be happening, it went private for a little while this afternoon).
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That's actually suicide for Reddit. Everyone is supporting what WSB is doing, even the faggy main subs. If they ban WSB everyone on that site will be mad.
 
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instythot said:
Fucking up one wall street hedge fund is better than fucking up zero wall street hedge funds, though. And for a long time it was zero
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Not if you cripple yourself and all future descendants in the aftermath. People still bitch about the day trading rules being too strict, but they're not going anywhere. The SEC does not fuck around with retail having too much influence. I guarantee you they'll be introducing some fresh bullshit in 2022.
 
american_amadan said:
That's actually suicide for Reddit. Everyone is supporting what WSB is doing, even the faggy main subs. If they ban WSB everyone on that site will be mad.
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Yeah, and the whole site got mad at chairman pao too. They can piss in their user's mouths expecting them to hate it and come back to the board meeting with "uh guys, they decided they liked it after a week and a half"
 
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