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

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Looks like CNN's Jon Stewart of all people sided with WSB . There goes that whole "Establishment united front against evil Nazi Reddit Terrorists" theory that doomers here were dreaming up. Maybe they haven't gotten marching orders yet.
What people are forgetting or not understanding is that the establishment isn't one united front. It's made up of a bunch of people who have family, friends, rivals, enemies, and people they just fucking hate among the other elites. So attorney generals will happily beat up on companies that have gotten stupid/careless/greedy to get themselves some good PR for when they run for higher office, because the establishment as a whole thinks nothing of slapping someone who's been careless or naughty on the wrist with a few million or billion in fines, or making an example of someone who's been particularly idiotic by giving them some prison time. If someone takes a fall, it's only their family and friends who'll care and try and protect them. Their rivals and enemies will be happy to see them go down. That's why the big companies are in bed with everyone, even if they hate them. It's the only way to maximize the protection the establishment will afford them.

So for something like this where a hedge fund has gotten too greedy, done something stupid, and is now getting punished for it, most of the establishment going to be happy to let them suffer the consequences unless there's something in it for them.
 
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DOGE pumped 800% in that same time frame too, that doesn't mean it's in the same position as GME.

Again, I am more than willing to eat crow on this but I fundamentally am saying that GME is in a unicorn position right now because of the short interest from hedgefunds, there is no second GME. I don't give a fuck how much the mainstream media tries to tell me there are other stocks to distract me, I haven't seen any hard data that supports that any other company is shorted to the extent that GME is.
No hedge funds borrowed or shorted doge coin, that has nothing to do with what is going on in the stock market.
 
Exactly. If you think the post of morons on social media represent the average person, then I suggest you take a break from the doom juice.
This is true. Believing that the twitter/facebook hiveminds represent the average person is not a fallacy only randos fall into. The last few years have made it clear people in power see it that way also.
tbf they are already broke I think, but here are some of them getting excited over dogecoin a few days ago and then upset over robinhood last night

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Could've seen this coming from a mile away. Tons of people bought Dogecoin years ago as a throwaway joke and dumped it for a few bucks after the media reminded them about it.

Now that I've got a little money in this I plan to keep a constant eye on GME all week or longer if I need to, I don't buy that all of people who bought big and got in early will hold for a squeeze that increasing looks like it won't happen for a multitude of reasons. The idea of making some jew fund guy buy a stock at $1488.69 is funny but sounds way too good to be true. Barring extreme measures, the price will probably shoot up on Monday and Tuesday from people getting in on it late as a get quick rich scheme. After that we will see how "diamonds" some of these guys hands are.

I'm more concerned for my friends who've but in much larger amounts of money into this and believe that the squeeze will make them tons of money(they got in early and have already more than doubled their money, would hate to see greed bring them down)
 
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Edit2: I assumed way more new users than they actually got. NYT says they only got 177k downloads that Thursday.

Disclaimer: I know literally nothing and this is probably satire or something.
I think I figured out why RobinHood needed the capital infusion. On signup they give you a free share of stock. Let's say for a moment that everyone who subbed to WSB represents a download of the app, nearly 6 million new users. That would cost assuming that the average is an accurate measure, $36,750,000, $1,800,000, and $7,500,000 by category for a total of $46,050,000. This is the best case, it pretends that only redditors with an account are the ones buying in when this is being trumpeted on every social media and news station in the country. It's unlikely that Robin Hood has that kind of money sitting around in case of a Black Swan and explains why they rushed to get hundreds of millions of dollars in lines of credit.
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Edit: Fixed some wording to make things coherent.
 
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Disclaimer: I know literally nothing and this is probably satire or something.
I think I figured out why RobinHood needed the capital infusion. On signup they give you a free share of stock. Let's say for a moment that everyone who subbed to WSB represents a download of the app, nearly 6 million new users. That would cost assuming that the average is an accurate measure, $36,750,000, $1,800,000, and $7,500,000 by category for a total of $46,050,000. This is the best case, it pretends that only redditors with an account are the ones buying in when this is being trumpeted on every social media and news station in the country. It's unlikely that Robin Hood has that kind of money sitting around in case of a Black Swan and explains why they rushed to get hundreds of millions of dollars in lines of credit.
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Edit: Fixed some wording to make things coherent.
I have talked to insiders in the industry, apparently Robinhood has made tons of debt by doing this. So the way they make it back up is by selling the data they collect form their users to the Hedge Funds so that they can remain ahead of retail.

Just something I wanted to say.
 
>having a female broker

Good luck with that buddy
yeah I bought the most OTM 2/5 BB call on Friday and it promptly went down like 40 dollars in the last remaining hour of trading, women are retards (this isn’t even the first time I’ve done something like this)

It’s pretty clear people are hoping other stocks that currently have a much lower price per share are going to be like GME. They are not. Will they go up? Yes. But you’re not going to see something like GME where it closed at 39 on January 20th and 325 on the 30th.
 
I have talked to insiders in the industry, apparently Robinhood has made tons of debt by doing this. So the way they make it back up is by selling the data they collect form their users to the Hedge Funds so that they can remain ahead of retail.

Just something I wanted to say.
>base your business model around using the user data to figure where the market is going
>get caught flat-footed by what your users are doing
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And I do agree with you. I just think people need to stop fucking doomposting, and get a grip. The pandemic isn't going to last forever. The lockdowns aren't going to last forever. There's still going to be small businesses after the pandemic. Everything will go back to normal. I don't know when, but I do know this lunacy won't last forever.

For anyone on the fence, whenever someone tries to argue about this stuff, I just want you ask one thing: Why though?

"They're going to make us live in pods!"

"Why though?"

"They're gonna make us eat bugs!"

"Why though?"

"They're going to make us do X!"

"Why though?"

I can't stress this enough. Ask this whenever this sort of shit comes up, and then press them more about it.

Why? Why would they do that? What do they get out it? Wouldn't that just make them less money? Why do they care so much? How do they do this? Where do they get this stuff from? Where do they keep it? When did this start happening, and where? Who's idea was this? What's the end goal? Why are they doing this, and not something else? What are they going to afterwards? And then after that?

Ask these questions, and don't let them try to deflect from them. Ask these questions, and watch as their arguments just fall the fuck apart.

"Why" shows a lack of understanding when it comes to the degenerate, specifically addicted mind. There doesn't have to be a discernable ( and certainly not an understandable ) reason, the only relevant question is: why not?

For most people the answer is consequences or a conscience, barring that maybe it's simply not feasible. What if the first two weren't relevant to you and if what's feasible were only limited by your imagination and the physics of the universe?

You, with a non-degenerate mind, cannot comprehend why a Saudi prince would fly in young Slavic models just to shit in their mouth and watch them get fucked by an unwashed homeless Bengali. I mean surely you'd fuck such a succulent piece of ass yourself? Enjoy that slander ballet body to the fullest?

But what if you got bored of that by the time you turned 13? What if you got tired of fucking nubile Slavic ass a year later? You start to degenerate, in the same way run of the mill coomers do but now without consequence, conscience or limitation. As you're once again blowing out her asshole you feel contempt fuck this useless piece of meat, fucking and sucking for pieces of paper. How can you display this contempt? You call her names, next time you see how much extra money she wants to clean your dick.

Fucking subhuman piece of meat. You spit on the Slavic instathot, give her a good slap. She takes it, as long as you give her more pieces of paper - disgusting. Your contempt grows, seething. She eats your ass for money, she drinks your piss for money, she cuts your fucking toenails with her teeth for money. You bothered to bathe the last time you had her eat your ass. Every step used to get you high with power, euphoric even. But soon even shitting in her mouth and watching her get fucked by an unwashed homeless Bangali doesn't do anything for you and so you try to find a Western piece of meat to shit on. Years later you're emailing Hillary to find out how much these upper class Americans want for them to let you shit all over Chelsea and you're negotiating how much extra it'll cost for them to remain in the room while you do it.

There is very little power in snatching a little girl off the street and having your way with them, getting Bill and Hillary to bring you Chelsea to shit on, now that's fucking power.

There is power in defeating your enemies and forcibly castrating their sons, feminizing them and having them live as some sort of fucked up harem but it's banal, brute power. Demoralizing a culture to the point where parents castrate their sons, feminize them and make them dance for entertainment ( with societal approval, no less ) without a bullet fired is real fucking power.

You and I were born Wall Street porta-poties and eating shit is not enough to get their dicks hard anymore. Making you work 40 hours a week to raise 5 children in a home you owned, a car and a wife who took care of the family ceased being enough decades ago. Why have you work 40 hours a week for Netflix and a studio apartment to eat your Mcdonalds, pizza and the occassional steak in instead of a Hong-Kong style cage where you can consoom bug paste? Why the fuck not?
 
"Why" shows a lack of understanding when it comes to the degenerate, specifically addicted mind. There doesn't have to be a discernable ( and certainly not an understandable ) reason, the only relevant question is: why not?

For most people the answer is consequences or a conscience, barring that maybe it's simply not feasible. What if the first two weren't relevant to you and if what's feasible were only limited by your imagination and the physics of the universe?

You, with a non-degenerate mind, cannot comprehend why a Saudi prince would fly in young Slavic models just to shit in their mouth and watch them get fucked by an unwashed homeless Bengali. I mean surely you'd fuck such a succulent piece of ass yourself? Enjoy that slander ballet body to the fullest?

But what if you got bored of that by the time you turned 13? What if you got tired of fucking nubile Slavic ass a year later? You start to degenerate, in the same way run of the mill coomers do but now without consequence, conscience or limitation. As you're once again blowing out her asshole you feel contempt fuck this useless piece of meat, fucking and sucking for pieces of paper. How can you display this contempt? You call her names, next time you see how much extra money she wants to clean your dick.

Fucking subhuman piece of meat. You spit on the Slavic instathot, give her a good slap. She takes it, as long as you give her more pieces of paper - disgusting. Your contempt grows, seething. She eats your ass for money, she drinks your piss for money, she cuts your fucking toenails with her teeth for money. You bothered to bathe the last time you had her eat your ass. Every step used to get you high with power, euphoric even. But soon even shitting in her mouth and watching her get fucked by an unwashed homeless Bangali doesn't do anything for you and so you try to find a Western piece of meat to shit on. Years later you're emailing Hillary to find out how much these upper class Americans want for them to let you shit all over Chelsea and you're negotiating how much extra it'll cost for them to remain in the room while you do it.

There is very little power in snatching a little girl off the street and having your way with them, getting Bill and Hillary to bring you Chelsea to shit on, now that's fucking power.

There is power in defeating your enemies and forcibly castrating their sons, feminizing them and having them live as some sort of fucked up harem but it's banal, brute power. Demoralizing a culture to the point where parents castrate their sons, feminize them and make them dance for entertainment ( with societal approval, no less ) without a bullet fired is real fucking power.

You and I were born Wall Street porta-poties and eating shit is not enough to get their dicks hard anymore. Making you work 40 hours a week to raise 5 children in a home you owned, a car and a wife who took care of the family ceased being enough decades ago. Why have you work 40 hours a week for Netflix and a studio apartment to eat your Mcdonalds, pizza and the occassional steak in instead of a Hong-Kong style cage where you can consoom bug paste? Why the fuck not?
TL: DR?
 
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