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

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fatfuck said:
I'm assuming the exact numbers of how much they borrowed aren't public though?
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I'm not a finance expert but from my understanding:
There are about 70 million $GME (gamestop) shares in existence and there are a bit more than 52 mil in the market. $GME has been shorted for about 120%. Current price is 240$ and the break even for the shorts was 20$. So the elites are vulnerable for a loss of about 50 000 000 * 120 * (240-20) = 1.3 * 10^12. (quick maths, don't quote me on this)
That is right. They are vulnerable for 1.3 trillion USD.
All on a retarded bet. This is brinkmanship with the economy at stake.

Edit: I am a retarded monkey
they are vulnerable for 13 728 000 000$
 
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NotSendingTheirBest said:
Shush. For once, commies and righties are on the same side, fucking up the greedy Mr Shekelstein. We can settle differences later.
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Gamers have risen up to form the vaunted red-brown alliance, once thought to only be the stuff of memes.
Weird Ages said:
It's almost like all this cilture war bullshit has been propped up by mr Shekelberg's psyops brigade to cause the poor to fight amongs themselves.
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And they're gonna go right back into it after this weird blip, betcha. But you know - maybe anything can happen.
 
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Yaito-Chan said:
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
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"B-b-b-but surely at the end of the day there will be discovery, and other very important legal proceedings of which I know nothing about, so that you filthy incel goyims will be properly punished for your insolence by fairly and legally playing the stockmarket, exploiting the unfathomable stupidity of Wall Street investors!"

Keep pouring those deliciously salty tears, faggot. How much money did you lose by investing like a moron?
 
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Jimjamflimflam said:
who uses pronouns in their bio
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I'm going to get alot of shit for this, but why do we still do the "pronouns in the bio" thing like it's a valid argument

But when they do it for anime icons, suddenly it's not fair and judgemental?

The person is still a dumbass of course, and I know "people who tend to have them are spregs"
But I feel like people are setting up for gotcha when they do that
 
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Rich Evans Apologist said:
Gamers have risen up to form the vaunted red-brown alliance, once thought to only be the stuff of memes.

And they're gonna go right back into it after this weird blip, betcha. But you know - maybe anything can happen.
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They can try the culture war bs again but disillusionment has set in.

A lot of people have ceased to care about being called a racist or sexist or any ist.

They see it as the form of control and deciept that it is.
 
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likeacrackado said:
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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What exactly is a "fashionable Twitter personality" and why should I care what they do?
 
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DJ Grelle said:
I'm not a finance expert but from my understanding:
There are about 70 million $GME (gamestop) shares in existence and there are a bit more than 52 mil in the market. $GME has been shorted for about 120%. Current price is 240$ and the break even for the shorts was 20$. So the elites are vulnerable for a loss of about 50 000 000 * 120 * (240-20) = 1.3 * 10^12. (quick maths, don't quote me on this)
That is right. They are vulnerable for 1.3 trillion USD.
All on a retarded bet. This is brinkmanship with the economy at stake.
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the 120 should be 1.2 as it's 120% and not 120x
All-in-all it'll be a couple billion, enough to blow up Melvin
 
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