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


A coordinated effort by day traders
Whatever else the WSB people are, they're not "day traders," at least as far as $GME goes. These speds bought and plan to hold. And, remarkably, have so far done so. An error five words into an article is pretty impressive.

Investors should pick stocks based on which companies they think will do well, not because they want to reward or punish market participants.

Investors are presumed to be adults wearing big boy pants. People buy into conmpanies for a great many reasons, not all of which make sense to outsiders. And how exactly do you intend to police intent when purchasing a stock, bond, option, or whatever anyways?

“It's not David and Goliath,” Galvin said in an interview. “It’s strictly manipulation. When you have a manipulated market it creates a bubble. That’s a danger to the entire marketplace. We’ve seen this time and time and time again, and the Securities and Exchange Commission needs to address it.”
Yet a week ago this idiot was apparently fine and dandy with 140% of a company's float being shorted. That apparently was not manipulation?

“There’s a company that employs real people at the center of this maelstrom, and someone’s going to get hurt before this is over,” she said.
Yet a week ago nobody gave a shit. Why was that?

This article isn't actually as bad as some I've seen, since it does point out to how the various hedge funds have fucked up. If only 30% of the stock had been shorted at worst the Hedgies could've covered with a small loss, I think. But when over 100% of the stock is shorted (I think?) you wind up with fund competing with fund to buy the available shares to cover, to saying nothing of autistic "HODL" attitude of many of the current shareholders. Never mind the autists trying to still buy in at any price.

The whole thing is so amazing. Wanna go back to college and slap the professor who spent whole semester force feeding me the Efficient Market Hypothesis. Hard.
 
Oh boo hoo. Bannon is a boogeyman or it is Russia being the boogeyman.

All these people are pissed off about is that the Elites believed they had won. They got Biden in and the Great reset was on track. The plebs were supposed to be on hands and knees begging for relief.

Then to their horror millions of people had their financial shit together and found a weak link in the system that could bring the whole system crashing down on the nobility.

Fuck these people.
No it’s more like the republicans stole there thunder
 
Disagree. Just about everyone except government and elite boot lickers seems to be loving this.
Agreed, but that's exactly the problem. It's the government and elite bootlickers that have the power to stomp them into dirt. And they will. You cannot let the common man win a victory like this, because it escalates more. They have no choice but to punish the people.
 
Here's the archive version of Louis's latest yt video called "Ontario Teachers pension fund gains 300M from wallstreetbets. WSB IS THE TRUE ROBIN HOOD! " :

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Also , we have another black person saying the truth about about Robinhood and Wall Street:
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Archive
 
How do they plan to regulate the motivations of people buying a stock?
No idea, but they sure as fuck will try hard

I’m still catching up on the thread but does anyone have a link to that Twitter video where it’s inside the Wall Street office and some guy is freaking the fuck out screaming “fucking pussies I’m ready to fucking tear someone’s head off” and throws his chair? I need to see it again
Nigga its literally the last highlight
 
This "Noooooo you can't buy stocks because you hate something" screeching is goddamn hilarious. How do they plan to regulate the motivations of people buying a stock? Will they make you tick a capcha style box stating you love Jews before every transaction?
Lmao, such a retarded take from elites.

"Yes, yes. I am quite a fan of the 6 million subtraction method, therefore I shall take some stock."
 
This "Noooooo you can't buy stocks because you hate something" screeching is goddamn hilarious. How do they plan to regulate the motivations of people buying a stock? Will they make you tick a capcha style box stating you love Jews before every transaction?
It'll prompt you to fill in the blank in "Never forget the ___________ killed by those evil nazis" and only the good goys will know the latest numbers.
 
This "Noooooo you can't buy stocks because you hate something" screeching is goddamn hilarious. How do they plan to regulate the motivations of people buying a stock? Will they make you tick a capcha style box stating you love Jews before every transaction?

They'll simply restrict anyone with a sub 7 figure account from trading anything other than (((approved))) indexes.

For their own good and to prevent them from taking too many (((risks))), of course.

Here's the archive version of Louis's latest yt video called "Ontario Teachers pension fund gains 300M from wallstreetbets. WSB IS THE TRUE ROBIN HOOD! " :
View attachment 1881272
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Also , we have another black person saying the truth about about Robinhood and Wall Street:
View attachment 1881283
Archive
View attachment 1881273

Charles Payne is a true hero

 
They'll simply restrict anyone with a sub 7 figure account from trading anything other than (((approved))) indexes.
Unironically this. They'll make it so even some regulated securities are limited to accredited investors only, because they're "too risky". You have to make $200k/year in income or have a net worth over $1 million to qualify as an accredited investor.
 
Here's the archive version of Louis's latest yt video called "Ontario Teachers pension fund gains 300M from wallstreetbets. WSB IS THE TRUE ROBIN HOOD! " :
View attachment 1881272
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Also , we have another black person saying the truth about about Robinhood and Wall Street:
View attachment 1881283
Archive
View attachment 1881273
Fox is mostly shit, but every once in a while one of their journos will venture into the (((danger))) zone.
 
No idea, but they sure as fuck will try hard
Technically, Market Manipulation is how but clearly given what's happening right now that's not a fool proof plan. How can they hope to manage any community that decides that some company's stock is the hottest product on the market? The most they can do is throw away the whole "free market" idea and limit who can invest in stock.
 
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Technically, Market Manipulation is how but clearly given what's happening right now that's not a fool proof plan. How can they hope to manage any community that decides that some company's stock is the hottest product on the market? The most they can do is throw away the whole "free market" idea and limit who can invest in stock.
The moment the Free Market is no longer "Free" everything collapses, they built this whole disgusting machine and called it "Freedom" if they get rid of the label, then the machine is naked to the eye, no more optics, they loose
 
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