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

Hi fellow kiwis.

I just want to say, no matter how bad a day you're having, no matter how rough it seems right now, I just want you to keep in mind:


At least you're not the poor motherfucker who is trying to explain to Joe Biden what short selling is and how it works.
God help the guy whose trying to explain to him what reddit and discord are, I've dealt with younger boomers who cant get a grip on it and at least they don't have dementia
 
Prove us wrong. WSB just pissed on the ruling class' territory. That CNBC bitch is comparing it to the Capitol Kerfluffle.

Do you honestly think they will let the peasants who humiliated them go unpunished?
Sure, lemme just rev up my time machine and jump to Monday- wait, I can't, and that's not how this works. You're making the claim, back it up with something besides supposition that rests on the theory that every rich cunt, bureaucrat, and person of influence is part of a hive-mind.
 
The time has long passed where that means much of fuckall to most people here, or to any of the turbo-autists riding a tendie-powered stonkrocket to the moon.
I know, I am just pointing out...The System is Rigged against us and the Normies have their heads up their ass to far to remotely pay enough attention to know what is actually fucking going on.
 
So much doomposting, just sit back and enjoy the ride
It's always something whenever things like this happen. There's a fervent desire to laugh at and step on the elites like the roaches they are, once in a while. But when the time comes, there's always talk about the repercussions. Screw it!

Laugh your hearts out, remember these days, and keep laughing. There will never be enough laughter in the world.
 
Sure, lemme just rev up my time machine and jump to Monday- wait, I can't, and that's not how this works. You're making the claim, back it up with something besides supposition that rests on the theory that every rich cunt, bureaucrat, and person of influence is part of a hive-mind.
Why is it that whenever i see you post anywhere in the farms you're always starting up retard fights, genuine curiosity
 
I know, I am just pointing out...The System is Rigged against us and the Normies have their heads up their ass to far to remotely pay enough attention to know what is actually fucking going on.
Normies are pretty into this.
Even on fucking linkedIn right now, people are pro WSB, like LEADERSHIP
is trying to spin it down, but a lot of very average people I know kinda took a stand on this.
 
Normies are pretty into this.
Even on fucking linkedIn right now, people are pro WSB, like LEADERSHIP
is trying to spin it down, but a lot of very average people I know kinda took a stand on this.
Give it 3 weeks of the Mainstream Media going "NAZI ALT RIGHT SEXISTs" and people will be cheering for WSB to be executed for their "Crimes"
 
It depends.

A few assumptions to make the math a little easier for me: GME opens on Monday morning at $300 per share. During Friday's trading, the hedgies somehow buy enough GME to bring the short float down to 100% by Friday's closing bell, meaning that Friday's after hours and Monday's pre-open trade is just shuffling deck chairs on the Titanic. Melvin Capital is reportedly on the hook for $1b for every $12 over a $20 share price (let's assume that all the other shorts have buggered off and decided to let Melvin take one for the team).

$300 - $20 = $280
280/12 = 23.33

viz. the shorts would be about $23b in the hole in this example.

Given that some of the larger hedgies have trillions in assets, even a loss of $20+ billion is a drop in the bucket for the overall market.

Bear in mind that this is a very simplified explanation, and doesn't include other factors such as interest paid on shorted stock. Please let me know where/if I've fucked up.
So we are talking about 12k $/stock for the market to explode edit: (in the way that hedge-fund will get a good amount of debt Mr.FBI)?
 
It's always something whenever things like this happen. There's a fervent desire to laugh at and step on the elites like the roaches they are, once in a while. But when the time comes, there's always talk about the repercussions. Screw it!

Laugh your hearts out, remember these days, and keep laughing. There will never be enough laughter in the world.
I wonder if revolutions are started by the people trying to pull fast ones on the elites, and each time they do they start notice amazing levels of fuckery like 'unwinding the stock market'. Then it just escalates and escalates until Minecraft is the only thing they can't 'unwind'.
 
back it up with something besides supposition that rests on the theory that every rich cunt, bureaucrat, and person of influence is part of a hive-mind.
How about.... the exact things they are saying right now?
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i spoke with my coworker dude again and he is saying hedges don't cover their position after hours.


you all got fucking played.

i am prepping to sell my house now.

I am sooo fucked.
My man, re-up your bipolar meds, because it ain't working, you're cycling like my washer. The things stocks do to a man...
What else are we going to do for 2 days?

You fucking faggot.
This is the real reason brokers do booze, blow, and bitches: fuck all else to do until markets open again.
 
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