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

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Managed decline ain’t no accident.
Don't worry, President Biden and future President Harris will get us back on track with our managed decline.

Those jobs won't come back if no effort is made to bring them back! And Americans won't want to do entry level jobs if there are no openings available to them thanks to unregulated immigration!
 
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?

1 reason is size. GME had a tiny market cap. If wsb had tried doing this with something like MSFT or AAPL the share price likely wouldn't have even changed.

Another is that GME's high short position meant that there wasn't really anywhere to go but up. Premiums for shorts were already high as fuck when it was at $4, so when the price started rising that premium just kept getting worse and worse. Hedge funds not run by retarded chimps would have taken the loss probably around $10 and moved on, and the stock would've settled back down. The Melvins actually increased their position.
 
The total number is WAY more than 12 million. Russia alone lost ~27 million.
Oh absolutely, but I think historically that's not considered a part of the Holocaust.

Stalin may have actually been WORSE than Hilter in that regard. There are some gulags that are considered to be even worse if not on the same level as Auschwitz. But Stalin I think gets more of a pass because he was technically on the US side in WW2. I mean, Stalin is still considered evil, but he may have been even worse than Hitler and I hear very few people even mentioning them on the same level.
 
Too much glow. Just caught cancer.
Lol
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Who is gonna read that and ruin their career? I've heard of amateurs doing recordings for controversial and banned publications, but I don't know where you would look for them. TTS is your best bet. FBReader has a TTS plugin, I believe.
Fuck it. I'll do it. Need to find a way to post it anonymously somewhere so I won't be immediately doxed, but it sounds like a good read and it'll be fun. Whether it's actual fun or dorf fortress "fun" is yet to be seen, but I'm game to try.
 
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?
If they tell people to dump, it's considered pump and dump.

They are telling people to hold like retards.
 
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?

With a pump and dump, the stock gets inflated by a concerted effort knowingly based on false or non-existent claims.

In this case, WSB knew that the stock would pay out because Melvin had a short position. It's no different than if they knew that Gamestop was about to get bought out or have the exclusive rights for all new consoles or something.
 
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