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

[Fluoxetine Man]

They have to sell eventually if the HFs are going to cover their shorts, so what's the signal to sell?

They have a special signal that shines in the sky. It's in the shape of a giant cock.

 

[TheSimpShow]

Snippy snippy
snippy SNIPPY
SNIPPY SNIPPY TIME HEDGIE
SNIPPY SNIPPY
SNIPPY SNIPPY HEDGIE

 

[Fatrick Hamlinson]

Made a more extensive map.

 

[Yotsubaaa]

How the fuck do you buy shares that don't exist? ... How do you then sell stocks that don't exist? How do non-existent stock purchases even go through?

All very good questions. In a just world with a happy ending to this mess, we'd see a pissed off SEC investigator yelling these exact same questions across a tribunal at the CEOs of Melvin Capital and friends. Naked shorting is already illegal.

Of course, I'm not that optimistic. The only law that matters in Wall Street is this: don't not be rich.

 

[Garm]

True, but I am still trying to be optimistic

Ultimately I know the general public will just go along party lines. It is disappointing, but true.

I just hope both the left and right learn to get along or kill each other so we don't have to deal with them anymore.

The normies just don't understand.

I think the churn caused by this will be good. People actually agreeing to obliterate a supposedly untouchable opponent is a good morale booster. Biggest problem seems to be that people can't think laterally. "Oh this is a political problem. It must be solved politically." No. It can be solved economically if you know where to hit.

View attachment 1884823
The real hmmm..... here is that, if you think about it, the WSB guys are not enough to buy stocks that many enough to tank Melvin Capital.
The market cap of Gamestop is still too big that even if you combined all the redditors are not enough to pump the price of Gamestop.
So there is one logical answer here.

Some competing hedge fund saw what WSB is doing and smelled the blood of Melvin Capital, so they bet in Gamestop with enough stocks that can sink Melvin Capital

Other Hedge Funds probably had algorithms that kicked in automatically to start buying GME. Kinda the problem with automating systems within systems. Once shit starts going sideways, no one thinks it is "too out of the ordinary."

Do you think other Hedge funds are looking at this as "oh, we just watched another company get nuked by our own systems. We should change some things so that doesn't happen to us?" Nah. The system is working as intended.

 

[Homer Simpson]

I don't know what it means but finviz removed the short float percentage. It was 122% last time i checked

GME GameStop Corp. Stock Quote

Stock screener for investors and traders, financial visualizations.

finviz.com

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@Null when are you launching kiwicoin? shitpost-->money

Would Kiwiwcoin be backed by autists acting autistic on the internet?

 

[Bloody bunny]

View attachment 1884823
The real hmmm..... here is that, if you think about it, the WSB guys are not enough to buy stocks that many enough to tank Melvin Capital.
The market cap of Gamestop is still too big that even if you combined all the redditors are not enough to pump the price of Gamestop.
So there is one logical answer here.

Some competing hedge fund saw what WSB is doing and smelled the blood of Melvin Capital, so they bet in Gamestop with enough stocks that can sink Melvin Capital

No they just got to arrogant and a group of autistic people did what they do best. Found a pattern and used it against them.

 

[theshitposter]

Would Kiwiwcoin be backed by autists acting autistic on the internet?

Backed by some official quote on total number of autists in the world

 

[Tzeentch]

Some of these wallstreetbetsmemes are pretty good.

 

[Dafuqisdis?]

View attachment 1884823
The real hmmm..... here is that, if you think about it, the WSB guys are not enough to buy stocks that many enough to tank Melvin Capital.
The market cap of Gamestop is still too big that even if you combined all the redditors are not enough to pump the price of Gamestop.
So there is one logical answer here.

Some competing hedge fund saw what WSB is doing and smelled the blood of Melvin Capital, so they bet in Gamestop with enough stocks that can sink Melvin Capital

The biggest holders of gamestop are money market and investment funds that stand to make a lot when the shorts are forced to buy back shares.

 

[Uncle June]

Stacking Silver never hurt anything.
I think, however, the Silver play is to go after the Mines.
If everyone is buying up Silver, find a small mine with a lower market cap.

Always been a keen silver stacker myself, but might start buying some silver ETFs for the hell of it.

 

[wtfNeedSignUp]

Gotta say, if you pick an evil financial corporation to take down. Citadel is one of the top evilest fucking names.
Also it must have been pretty funny when the people in Wallstreet paid actors to spread racist/sexist memes around to demonize the movement only for the actors to find far worse jokes than they could possibly tell.

 

[Xarpho]

Some competing hedge fund saw what WSB is doing and smelled the blood of Melvin Capital, so they bet in Gamestop with enough stocks that can sink Melvin Capital

Right, but that won't be enough to stop the aftereffects of everything, right? So, assuming that Team Biden and/or WSB-bought politicians don't push some emergency legislation to "save" anything, Melvin Capital liquidates, their stock in their other companies goes on the market. This includes (according to Wikipedia), Chewy (the mail-order pet food company), Amazon.com, Las Vegas Sands, and Alibaba.

So all of those take a stock hit. Chewy and Amazon will take a hit, LV Sands isn't publicly traded but will probably be snapped up on the market, and Alibaba, which is Chinese-owned. All of these take a stock hit but would probably recover on their own.

But then Melvin has to pay back the companies that owed them, right? So Citadel would then have to pay...and then BlackBerry will probably be dismantled to pay for that, but everyone that bought into BlackBerry in the short squeeze gets paid out if they do, which would limit the funds that are available to pay for Melvin, and...I'm confused. How would this fuck up the entire system again?

 

[Lone MacReady]

It is time to kill the Comex and the FED, no game has been rigged by (((them))) quite like PMs over the past 50 years. It's almost like the Tribe has understood for over 100 years what is true money - and has been hording it while weaning the plebs off of it. Why did the IMF recently classify Gold as the only tier-1 asset? Why have Bankers and countries wanting to escape from the Petro-dollar been hording Gold and Silver since the 2008 crash? Get yourself some physical before the wealth transfer is complete.

 

[Crunchy Leaf]

The biggest holders of gamestop are money market and investment funds that stand to make a lot when the shorts are forced to buy back shares.

Yeah, both Vanguard and Fidelity own a lot of GME. Of course they want this to happen — they’re going to make a LOT of money. Plus now they have good publicity because they were still letting people buy on Thursday.

 

[TerminalTryHard]

God I can't wait for the market to open back up tomorrow so the thread has something to actually talk about instead of all this incoherent rambling about (((them))).

 

[Linako 2.0]

Another stock question:

How the fuck do you buy shares that don't exist? My retard brain doesn't understand how that is possible. How do you then sell stocks that don't exist? How do non-existent stock purchases even go through? Are more created at some point in the process?

Arbitrary jew magic.

 

[Overly Serious]

Also it must have been pretty funny when the people in Wallstreet paid actors to spread racist/sexist memes around to demonize the movement only for the actors to find far worse jokes than they could possibly tell.

Say what? Source?

 

[Bumblino]

I would say niggercoin but I heard it died after some trading site delisted it for being racist.
View attachment 1884665
RIP niggercoin.

In all seriousness though, I'd probably go with one of the well known big bois like bitcoin or ethereum.

I'd invest in niggercoin even if it tanked, it's a sound investmement.

 

[wtfNeedSignUp]

Say what? Source?

It's a theory, but I refuse to believe people so corrupt will not try to demonize their opposition in the manner they trained the public in the last 4+ years.
Plus there are the theories that the Social Justice elements were inserted into Occupy Wall Street movement to derail it.