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

[BalthasarGelt]

AMCbros might still be in luck!

 

[LurkTrawl]

As far as my opinion on the GME short crew:

Airplane Movie Counter Point clip

Airplane Movie clip at 1:02:15From the script: http://sfy.ru/?script=airplane_tsTVGUY : This bulletin just handed to me . . . stricken airlinerapproaches Chi...

www.youtube.com

But this doesn't mean that Reddit is running into a serious risk because they don't understand the law and mechanisms they're making a gamble against.

You understand that it's not just about the money right? Because you keep talking like you don't.

Anyway the point I was making earlier, to truncate it, is that if even one percent of the population gets piss-boiling "we need to do something about all this corruption" angry, that's still three million pissed-off people. If congress wants to bail these assholes out or help them in any way I hope they have blowjob machines and million-dollar checks for each and every one of the NG they have in D.C., otherwise it's going to be a shitshow expecting them to kill six-digits worth of people in defense of fucking Wall Street of all things.

 

[Agent Abe Caprine]

View attachment 1879805

This has to be astroturfing...

Reminder that this guy works for Wal-Mart.

 

[terry fan 67]

this is what happens when there aren't any good videogames to play

 

[Spoonge]

Is that fucking Purple Eyes playing Ken?
Sounds like fucking Lelouch from Code Ment.

People on Wall Street aren't idiots, they understood that situations would arise where the investor would be unable to return the shorted assets and made accommodations to resolve it legally. Its Reddit and the fanboys who don't seem to understand that Wall St is a reasonable environment that would rather the parties arbitrate any potential failings rather than getting the government involved.

>people on Wall Street aren't idiots
I fucking disagree. They're not super geniuses, that should have been more than obvious when the peons started doing as they did and did it just as well.
These finance assholes are just ghetto gangbangers with a lot more cash to run with. Playing out the same grift in boardrooms and stock tickers instead of alleyways and drug dens, slinging bonds and dividends instead of crack and hoes.
The players change but the game is the same wherever you go. Whether it's Wall Street or North Monroe Street.

 

[muh_moobs]

reflexively start the "oy vey" song and dance,

This one?

 

[Desktop User2]

So, are the retards baiting for another round of shorts? Because it´s hilarious and all, but this inflation on GME is exactly what apologists say shorts are for... seems to me the only reasonable thing at 400. I hope people entering now are aware of the massive risks.

 

[Zbk3VmLfujjzjxBd43tL]

So basically no one loses but the vast majority of r/wsb and /biz/, some low-level employees at Melvin Capital that Gabe Plotkin can blame for his billions in losses, and the nerves of Wall Street bastards who are literally shaking over this?

 

[HOMO FOR LIFE]

Is that fucking Purple Eyes playing Ken?
Sounds like fucking Lelouch from Code Ment.

>people on Wall Street aren't idiots
I fucking disagree. They're not super geniuses, that should have been more than obvious when the peons started doing as they did and did it just as well.
These finance assholes are just ghetto gangbangers with a lot more cash to run with. Playing out the same grift in boardrooms and stock tickers instead of alleyways and drug dens, slinging stocks instead of crack.
The players change but the game is the same wherever you go. Whether it's Wall Street or N Monroe Street.

Wallstreet is not just one entity. There are multiple institutional hedge funds and investors at play here who are swarming around short squeeze just like the rest of us.

Most of the trade being executed right now are by institutional investors. Yeah the fucking Reddit rally certainly helps but it doesn't stop other sharks who are smelling blood around shitron and Melvin's short positions. They are there to eat them alive as well.

This is purely a market forces at play who see incredible opportunity to seize and rape.

 

[Spoonge]

So basically no one loses but the vast majority of r/wsb and /biz/, some low-level employees at Melvin Capital that Gabe Plotkin can blame for his billions in losses, and the nerves of Wall Street bastards who are literally shaking over this?

Not even /biz/ and reddit lose. It wasnt about the money for most of them.
They pumped a few hundred into a 4 dollar stock for the lulz (yes I know we have examples of guys dumping tens of thousands into this but they are not the majority). You can spend that much on an entertaining evening out or a nice hooker to take home.
Any profit they earn is just gravy.

 

[Xarpho]

Look I don't mean the actual people are reasonable, I'm talking about the regulatory agencies and lawmaking around it. The people on Wall St are degenerate gamblers who fuck themselves nonstop, the legal side of it is very reasonable in giving them paths to unfuck themselves. The problem stems from Wall St digging themselves into a massive fucking hole, also the 2008 issue wasn't caused by the traders themselves, it was the rating agencies conducting absolute fraud. Had the rating agencies actually been rating shit properly the degenerate gamblers doing the trades would never have had a crash. Telling the traders that the asset was AAA when it was really a VD ridden crackwhore is what fucked everything up.

You're deflecting from the main point. Your point is that Reddit doesn't have them by the balls, that there's legal ways to unfuck whatever trouble the hedgies get into, etc.

So, supposing that Reddit is wrong and Wall Street still holds all the cards, then why the fuss? If it was a simple matter of Melvin taking a write-off on a bad bet on GameStop, knowing that whatever happened, the laws would protect them (and their multiple houses), it wouldn't be anymore news than whatever Apple's stock was that day and never make it out of the economy news sphere.

Something is wrong. Something is gotten these people very upset. It's like a slighted e-celeb making a 4-minute video about how they "don't care" about something.

 

[LurkTrawl]

Wallstreet is not just one entity. There are multiple institutional hedge funds and investors at play here who are swarming around short squeeze just like the rest of us.

Most of the trade being executed right now are by institutional investors. Yeah the fucking Reddit rally certainly helps but it doesn't stop other sharks who are smelling blood around shitron and Melvin's short positions. They are there to eat them alive as well.

This is purely a market forces at play who see incredible opportunity to seize and rape.

Yeah but since when is playing a group of bastards who have it out for you against one another a bad thing?

 

[BalthasarGelt]

So, are the retards baiting for another round of shorts? Because it´s hilarious and all, but this inflation on GME is exactly what apologists say shorts are for... seems to me the only reasonable thing at 400. I hope people entering now are aware of the massive risks.

Most people are probably dumping today, including myself. That seems to have been the plan for over 3 days. The ones that hold are the ones that truly just want WS to burn to the ground and more experienced brokers that can handle the pressure, but most normalfags and newbies are getting cold feet already. I'll be keeping 150 euro in, but I don't expect to make any out of it, and that's alright by me.

 

[Spoonge]

Wallstreet is not just one entity. There are multiple institutional hedge funds and investors at play here who are swarming around short squeeze just like the rest of us.

Most of the trade being executed right now are by institutional investors. Yeah the fucking Reddit rally certainly helps but it doesn't stop other sharks who are smelling blood around shitron and Melvin's short positions. They are there to eat them alive as well.

This is purely a market forces at play who see incredible opportunity to seize and rape.

I really, really hate to echo other posts, but seriously;

You're deflecting from the main point. Your point is that Reddit doesn't have them by the balls, that there's legal ways to unfuck whatever trouble the hedgies get into, etc.

So, supposing that Reddit is wrong and Wall Street still holds all the cards, then why the fuss? If it was a simple matter of Melvin taking a write-off on a bad bet on GameStop, knowing that whatever happened, the laws would protect them (and their multiple houses), it wouldn't be anymore news than whatever Apple's stock was that day and never make it out of the economy news sphere.

Something is wrong. Something is gotten these people very upset. It's like a slighted e-celeb making a 4-minute video about how they "don't care" about something.

Why are they reacting like this if its just the standard blood in the water feeding frenzy you see sometimes and the wsb boys are a negligible force in all this?
Why are they screaming about economic terrorism when its business as usual?
Unless this was all a planned conspiracy to rip even more rights from the American citizen and this is all just theatre, why are they fucking crying on live television?

 

[Desktop User2]

Most people are probably dumping today, including myself. That seems to have been the plan for over 3 days. The ones that hold are the ones that truly just want WS to burn to the ground and more experienced brokers that can handle the pressure, but most normalfags and newbies are getting cold feet already. I'll be keeping 150 euro in, but I don't expect to make any out of it, and that's alright by me.

That´s not how the pre-market reads, for now. I mean, many people on /WSB know what they are doing but there´s a lot of people entering for the lulz now believing this is a long position.
I also heard short interest is growing as well...

 

[Bec]

Is that fucking Purple Eyes playing Ken?
Sounds like fucking Lelouch from Code Ment.

Yeah that's him, it's on his channel.

 

[Spoonge]

That´s not how the pre-market reads, for now. I mean, many people on /WSB know what they are doing but there´s a lot of people entering for the lulz now believing this is a long position.
I also heard short interest is growing as well...

And so those morons suffer. As they should.
Land of the free does not land of the free from consequences.
Do your research before you buy stocks. I did and thats why I didnt dive in.
I knew I'd missed the train and I could hurt myself if I tried to run after it.

 

[HOMO FOR LIFE]

I really, really hate to echo other posts, but seriously;

Why are they reacting like this if its just the standard blood in the water feeding frenzy you see sometimes and the wsb boys are a negligible force in all this?
Why are they screaming about economic terrorism when its business as usual?
Unless this was all a planned conspiracy to rip even more rights from the American citizen and this is all just theatre, why are they fucking crying on live television?

Because when short positions need to be squeezed, banks and lenders stand to lose billions.

It's not just Melvin capital.

Banks will need to cover Melvin's losses. In huge sum.

Because they lent them the money to fuck the stock market.

 

[Bosmadden]

Interesting

Wall Street investors are sitting on estimated year-to-date losses of $70.87 billion on their bets against U.S. companies following massive surges in some of the heavily shorted shares, data from analytics firm Ortex showed on Thursday.

So we all get why a shitty little company like Robinhood was prepared to commit Seppuku?

And it's only going to get worse. I expect a full on feeding frenzy from the masses should the recent fun and games not have the effect they had hoped for.

It will be a full system level calamity which would be absofuckinglutely hilarious.

 

[BalthasarGelt]

That´s not how the pre-market reads, for now. I mean, many people on /WSB know what they are doing but there´s a lot of people entering for the lulz now believing this is a long position.
I also heard short interest is growing as well...

Yeah, people that jumped on-board yesterday that didn't buy during The Dip, and bought during the climb from 230 - 300 are gonna need to be quick on their feet or risk coming out of this in the red.