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

[JohnDoe]

On one hand, fuck hedgies, on the other hand they're playing with everyone's money (well at least anyone who owns a mutual fund) so I can see why the managerial class is incensed by this. They probably see it like torching the house you're in because your landlord is an asshole.

We don't negotiate with terrorists or hostage takers.

 

[Revo]

 

[Inflatable Julay]

DON'T CALL ANYBODY

 

[theshitposter]

Do you have any proof that this clip was made in 2019-2020 ?

https://youtu.be/FEte-K-H8NY

And don't fuckin doubt me again

 

[AnotherPleb]

It's usually a positive if you have a ruling class that are the countrymen of the people they rule.

They tend to have a little more empathy for the ordinary folk.

I read a great tweet about the British casualty rate in WW1. The elites actually suffered more war dead than the masses, as it should be.

Can you imagine the bunch of roaming foreigners who control this nation sending their children to die in the wars they start? Ha!

I give Biden credit for sending his son off to serve. If he wasn't such an ancient dementia patient it would give me hope that his Presidency would actually be a good thing for the nation.

But as he's not actually in charge of shit it's a moot point.

Until you prevent the Ruling Class from being able to so readily flee the country they rule then they will never have empathy. Only way to do that now though would involve stopping any and all form of air travel. Good luck with that one.

 

[muh_moobs]

After that joke of an election, this stocks kino already makes up for all the ridiculous shit I've seen in 2020. I hope this fucking pattern continues, because I'm lovin' it.

"Have it your way"

 

[AmHole]

Sounds great. People are going to love hearing Biden blame Trump for years on end and offer no solutions.

That's the usual talking point for them, let a take a look at that last four years

Good Economy under Trump: "Trump inherited the good economy from Obama who created the best economy for the US!" Even Obama said that shit.

Bad Economy under Trump: "Trump creates the worst economy in history and he's also racist and sexist!!!"

Trump lives rent free in these peoples heads even when he's out of office, they're scared of him and him running again. I'm sure somewhere in the void where Trump is, he's enjoying a nice drink, a good smoke, his hot wife, and smiling as it all crumbles under Biden.

 

[Letora]

So, can anyone explain to me, a newbie at stocks who has been reading about this situation, why a group of people on a forum couldn't "crowdsource" everyone to buy a low-priced stock and make it go high and then all agree on when to sell it, over and over again? Like, WallStreetBets picks another one after this that isn't targeting hedge funds necessarily, and another one, and another one, etc.?

Once people start selling, doesn't the value go down? So won't only some people get the profit while everyone else gets less and less profit until finally the last seller makes very little?

 

[REMEMBERMKULTRA]

Society was more functional then, and Obama was a hundred times more charismatic.

More importantly social media wasn't as prominent in 2008 so the liberals still controlled most discourse.

 

[DyingStarsForever]

So, can anyone explain to me, a newbie at stocks who has been reading about this situation, why a group of people on a forum couldn't "crowdsource" everyone to buy a low-priced stock and make it go high and then all agree on when to sell it, over and over again? Like, WallStreetBets picks another one after this that isn't targeting hedge funds necessarily, and another one, and another one, etc.?

Once people start selling, doesn't the value go down? So won't only some people get the profit while everyone else gets less and less profit until finally the last seller makes very little?

Because that would be pump-and-dump and is strictly illegal.

 

[Salubrious]

View attachment 1880643
The treasury department keeping those priorities straight

You know, for all their talk about Holocaust deniers, they seems to always not care about half the people killed in the Holocaust.

Even James Woods got it right. 6 million Jews were killed, but the TOTAL number is 12 million. It was more than just Jews getting purged back then.

 

[HOMO FOR LIFE]

So, can anyone explain to me, a newbie at stocks who has been reading about this situation, why a group of people on a forum couldn't "crowdsource" everyone to buy a low-priced stock and make it go high and then all agree on when to sell it, over and over again? Like, WallStreetBets picks another one after this that isn't targeting hedge funds necessarily, and another one, and another one, etc.?

Once people start selling, doesn't the value go down? So won't only some people get the profit while everyone else gets less and less profit until finally the last seller makes very little?

Because pump and dump is illegal

 

[Orange Rhymer]

Proposal: Why don’t us kiwis invest in NOK? There’s what, 50k of us? We can do some damage and boost it

I've decided to dump 50 quid to buy 10 shares, do it. Match me or bettter

I bought 10 shares of NOK yesterday at 4.75. It's doing good today, over 5.00.
Nokia made the best phones in the world for over a decade. I have no problem holding that stock.
They are a real manufacturer.

 

[Meat Target]

View attachment 1880643
The treasury department keeping those priorities straight

I feel like there has been more than one Holocaust Remembrance Day....

You know, for all their talk about Holocaust deniers, they seems to always not care about half the people killed in the Holocaust.

Even James Woods got it right. 6 million Jews were killed, but the TOTAL number is 12 million. It was more than just Jews getting purged back then.

And where are the Remembrance Days for Armenia, the Holodomor, the Purges, the Rape of Nanking, Rwanda, Darfur, or Rohingya?

 

[LurkTrawl]

View attachment 1880643
The treasury department keeping those priorities straight

Funny how the rich had a hand in fomenting that too, huh.

What's going to be really funny is if the hedge funds try to short GME again once this dies down a bit, and then get hit again.

Artist's rendition:

 

[muh_moobs]

The fundamental foil is that there will always be a ruling class. It's simply an unavoidable side effect of human nature.
This is what leaves me undecided. There is no easy answer.

These fuckers have mismanaged the house for too long and have, to borrow a phrase, lost the Mandate of Heaven. Burn it all out and let a new ruling class rise out of the rubble.

 

[CrippleThreat]

he's enjoying a nice drink, a good smoke, his hot wife

Last I recalled, he doesn't to either of the first two, but the third?

It does not matter the time of day, or day in general, the nigga will always be golfing.

 

[Blood Bath & Beyond]

You know, for all their talk about Holocaust deniers, they seems to always not care about half the people killed in the Holocaust.

Even James Woods got it right. 6 million Jews were killed, but the TOTAL number is 12 million. It was more than just Jews getting purged back then.

The total number is WAY more than 12 million. Russia alone lost ~27 million.

 

[Nobunaga]

View attachment 1880643
The treasury department keeping those priorities straight

Good to know the goverment is still useless as ever even with trump out

 

[Letora]

pump-and-dump

Because pump and dump is illegal

So.. how is this different from what WSB is doing? They bought up the stock, let it go high together, and then they are gonna sell it, right? Is there a time limit on what counts as a pump and dump?