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

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I could be wrong, but I think GME is going to stay pretty flat until next week. Most people holding now, are likely holding to fuck over the hedge funds. What very well could happen though, is that other heavily shorted stocks could see a major uptick from investors hoping to ride the next wave.
 
I could be wrong, but I think GME is going to stay pretty flat until next week. Most people holding now, are likely holding to fuck over the hedge funds. What very well could happen though, is that other heavily shorted stocks could see a major uptick from investors hoping to ride the next wave.
Anyone still seriously following WSB or DFV's investing advice after this are going to get burned so fucking hard.
 
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Its afraid. Its always been afraid.
 
Anyone still seriously following WSB or DFV's investing advice after this are going to get burned so fucking hard.
I mean it's called Wall Street BETS, it's in the name. If I were in charge I'd slap a "Only a fool would take any stonks posted here as fact."-type disclaimer on the front page to save a few teenagers' newfound tendie monies being pissed away buying funny sounding stocks like UK: CUKS
 
Rep. Brad Sherman, D-Calif., said the purpose of capital markets isn’t to facilitate get-rich-quick schemes or keep Wall Street market players employed. It’s to finance the private sector. Investors should pick stocks based on which companies they think will do well, not because they want to reward or punish market participants.


Every. Time.
 
I could be wrong, but I think GME is going to stay pretty flat until next week. Most people holding now, are likely holding to fuck over the hedge funds. What very well could happen though, is that other heavily shorted stocks could see a major uptick from investors hoping to ride the next wave.
I predicted earlier in this thread that retail investors would be unlikely to hold out through Friday but it wasn't impossible. Well the apes of r/WSB actually fucking did it and it's impressive. Now they'll be confident to hold even longer.

Hopefully the Yellen is working over time to present a statement and maybe a plan on monday, it'd be dumb not to make use of the little breathing room that this provides.
 
My gut is starting to tell me there might be a real issue with RH paying out the capital to people next week if this thing gets to 5k/share and the better play would be to cash out GME earnings into SPY -> transfer stock to a different broker. Anyone here (and I mean the people who actually have a grasp on what is going on, not those NOK/AMC/BB/DOGE pumping retards) feeling similarly or is this worry unfounded?
Sales will take a few days to settle as they always do but you will get your money. They are SIPC insured so even if they go under, you will get your money. SIPC only ensures balances up to $500k but if you have that much on Robinhood then you are a legit retard and not in the good way.
 
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