- Joined
- Dec 16, 2019
Let the child molester and closeted Canadian fight.Sad how this thread went to shit so quickly. Once AOC and Ted Cruz got involved, then the A&Hspergs started piling in and screaming about jews incessantly.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Let the child molester and closeted Canadian fight.Sad how this thread went to shit so quickly. Once AOC and Ted Cruz got involved, then the A&Hspergs started piling in and screaming about jews incessantly.
You'd have thought they would have pumped EB Games' stock instead, considering they're practically the Australian branch of GameStop. They're even owned by them, and copy their stylings.‘Stunned’: GameStop trading frenzy causes local mining company shares to soar
By Dominic Powell
January 28, 2021 — 1.39pm
A tiny West Australian mining company has been caught up in the investing craze surrounding US company GameStop thanks to its ASX code matching that of the American video game retailer.
GME Resources, which is listed on the local bourse with a market capitalisation of just $40 million, is a mining company focused on nickel and cobalt extraction. On Thursday, its shares soared more than 50 per cent to 12 cents, their highest level since 2018, with volumes of nearly $7 million.
However, the skyrocketing price had nothing to do with the business’ quarterly update released last Friday nor the rising price of nickel. Instead, local participants of share trading groups on Reddit and Facebook had bought the stock as a joke due to its ticker’s similarity to popular US stock GameStop.
Shares in the overseas video game retailers have rocketed over 1500 per cent in the past month to nearly $US350 ($460) thanks to day traders on the Reddit forum Wallstreetbets continuing to promote the stock and other heavily short-sold companies in perceived revenge against major US hedge funds.
This enthusiasm has penetrated investing groups in Australia, with traders on local Reddit forum ASXBets showing off apparent purchases of thousands of shares in the locally listed GME.
James Sullivan, GME’s managing director, told The Age and The Sydney Morning Herald he was stunned after waking up to see the company’s share price up over 50 per cent.
“When I opened my share tracking app and saw it was at 9.4 cents, I was stunned,” he said. “It just went bang, and I thought, ‘Well, what’s going on here?′ Is there something about my own company that I don’t know?”
Mr Sullivan, who has been with GME for more than 15 years and has never set foot in a GameStop store, said company management immediately began to message each other to determine the reason for the spike.
“There were emails and text messages from people flying around, and eventually my brother’s son, who works in Sydney, told us it was about speculation to do with the ticker GME,” he said.
“ I was hoping to be able to say it was more to do with our world-class nickel projects.”
GME’s shares ended the day at 8.5 cents, which was still 13.3 per cent higher than its opening price. Mr Sullivan expects the company may receive a ‘please explain’ from the ASX, but says he “couldn’t be unhappy” about the unexpected interest in his company.
Users on ASXBets expressed equal parts bewilderment and excitement at the stock’s mighty surge, with one simply stating “free money boys”.
GME is majority-owned by international fund manager ICM, and Mr Sullivan and his brother Peter are also significant shareholders, each owning about 6 per cent of the business.
The chief executive said the rise was an example of the power of numbers and is hoping the renewed interest might lead to a higher share price for the business even after the GameStop-fuelled attention.
“What goes up comes down usually, if there’s nothing to substantiate it,” he said.
“It may mean we find a new level anyway based on our nickel assets, which is what I’d like to be talking about.”
[ original | archive ]
--
![]()
On a very real level most Jews are...Why is everybody defending the hedgefunds either jewish
Antifa came from Europe as I recall where they had a much larger presence. It wasn't a major or even noticable movement in the US until around about 2015-16 and I think Soros has a lot to do with that.antifa
...Because they're criminals, dude. Criminals will always support criminals, and those who support others will amplify any voices supporting them, even criminals'.or a criminal?
Until it's time to save their own asses.dude. Criminals will always support criminals
really hoping that this is the moment where the few sane people left on twitter finally fucking realize that woke rose emoji kpop stans are truly mentally disabled (i doubt it)More antifa sperging, how DARE people not use this opportunity to talk about white male supremacy?
View attachment 1879574
View attachment 1879573
This Faglauski's prose is fucking dogshit. Commie should fuck off.More antifa sperging, how DARE people not use this opportunity to talk about white male supremacy?
View attachment 1879574
View attachment 1879573
I don't think they are, as much as they are pissed off that attention is being taken away from them.I mean I'm not surprised that Antifags are literally bootlicking the billionaires here, but it's still shocking to see.
So Tamny is an editor for a site, RealClearMarket.New horseshoe theory: people who bitch incessantly about Jews and people who bitch incessantly about those people are both shitting up threads.
We're all faggots, now kiss and make the fuck up so we can enjoy the shower of hedge fund managers tomorrow.
Back to business:
A Forbes writer is claiming short sellers are heroes.
The premise lies in the idea that the short sellers are barometers for bad business moves, and they can tell us when something sucks.
John Tamny, the writer, fails to acknowledge the fact that Melvin deliberately and knowingly undervalued GameStop to make masses of money.
Here's a choice quote:
So he's saying they're bold adventurers and explorers who should be commended for risking their clients' money by fucking over businesses.
(archived)
Not sure if this has been posted already, but this scene is pretty damn reminiscent of what's currently going on.This is what scares them. The public is starting to realize that if they really want to hit a company where it hurts, all everyone has to do is chip in a little bit and they can completely destroy any Fortune 500 company they want on a whim. This is going to be the stupidest, funniest class warfare we've ever seen.
The major lobbyists proved that voting doesn't matter long ago, so people finally turned to the market instead.View attachment 1879570
Apart from all the Wall Street suicides, the best part about this is that the public is finally starting to understand that they can control market value. Giving people absolutely nothing else to do for almost an entire year now has led to a lot of very angry people doing a lot of homework, and with no other way to make money, a lot of people have turned to investing.
This is what scares them. The public is starting to realize that if they really want to hit a company where it hurts, all everyone has to do is chip in a little bit and they can completely destroy any Fortune 500 company they want on a whim. This is going to be the stupidest, funniest class warefare we've ever seen.
Mentally and emotionally? Yes.Moviebob is still in high school?
What is it with you people and thinking that the only reason that anyone would possibly think you sound retarded is because they post in A&N?>Everyone who thinks ranting about kikes 24/7 is retarded is a hook-nosed kike
I see A&N has arrived in full force. Give me all your tophats to deflate my reaction score, I don't give a fuck, I ain't selling.
This might say more about the US dollar and economy than DOGE.Dogecoin, please slow down until payday comes in tonight.
You expect coherent prose from a commie?This Faglauski's prose is fucking dogshit. Commie should fuck off.
For fucks sake you utter sped, will you stop sperging about Jews for one fucking day?Yea great dickriding by having people complain about antisemitism. Haven't fedpost but alright.
Stick to more kosher content if you think what I'm saying is particularly edgy.
Also good job not answering my question and randomly sperging out!
For fucks sake you utter sped, will you stop sperging about Jews for one fucking day?