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

Everybody here should leave 1 star reviews before deleting this fake piece of semitic technology
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on friday the hedgefunds will be forced to buy the inflated gamestop stocks and lose lots of money
That's the thing, they won't be able to buy that stock. It should start a chain reaction, unless the government intervenes, which would be the death of the "free" market anyway.

It is, indeed, the money burning scene from Dark Knight.
 
Lets say that in your example, there are 100k shares in total. The elites borrowed 150k shares (50k non-existant ones, its a complex construction) and already sold them. They were hoping the price of the shares would go down so they could buy those cheap shares and give them back to the person they borrowed from. The elites have overextended an insane amount. Tomorrow is the due date for those borrowed shares and if the price is more than they sold them for, they will be forced to buy at a massive loss. For every $ that the Gamestop shares are above 20$, the elites will lose a ton.
I'm assuming the exact numbers of how much they borrowed aren't public though?
 
Forgive me if I'm being a bit of a hipster, but this is getting kinda gay now that fashionable twitter personalities have jumped on the bandwagon.

Its still very funny. Though I'm already seeing the narrative form that this was the work of DSA twitter socialists.
 
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