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

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When this ends, Melvin capital may go bust. Some billionaires will lose their shirts, some billionaires are going to get a whole lot richer because they be against capital. But there are at least a few idiots cleaning out their kids' college funds trying to buy into Gamestop not because they're trying to send a message, but because they think they're somehow going to profit somehow. They're going to lose a ton of money, and they will be portrayed as the real victims in all of this. r/Wallstreetbets will be blamed for leading these idiots to their financial destruction.
Soooooo, how much are you shorting GME for right now? :)

Anyone trying to put blame on self-declared gambling retards are going to look real fucking stupid.
 
When this ends, Melvin capital may go bust. Some billionaires will lose their shirts, some billionaires are going to get a whole lot richer because they be against capital. But there are at least a few idiots cleaning out their kids' college funds trying to buy into Gamestop not because they're trying to send a message, but because they think they're somehow going to profit somehow. They're going to lose a ton of money, and they will be portrayed as the real victims in all of this. r/Wallstreetbets will be blamed for leading these idiots to their financial destruction.
What if I don't care if I lose money gambling on this unique scenario that can go either which way. Its not like people need to invest over 10k even $500 is enough to get in on the action. Most investors do not care about losses the same way you don't care when you go to a casino and set a limit.
 
Silver way up premarket

I was gonna switch into pslv but im already in slv and its up fucking 15% in premarket. I guess im on that horse for the reddit ride which is good as I’m not late to the party for once.
Reminder that Plebbit autists are autists. Now they're saying the "Silver Squeeze is a hedge-fund coordinated attack so they can keep fighting the $GME fight".
 
It was fun while it lasted but markets are back on the up due to the manufacturing reports in Asia being released.
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Shit won't hit the fan until bankers' hours in the East Coast. If the whole thing goes nuclear and triggers a worldwide economic collapse, those numbers will collapse in 24 hours or less.
 
Reminder that Plebbit autists are autists. Now they're saying the "Silver Squeeze is a hedge-fund coordinated attack so they can keep fighting the $GME fight".
Yea i saw that. No one seems to be listening to that though because people want to be making money more than “sticking it to the man”. And this is a good thing. Hedgies make money by farming you, making money stops that.

Plus silver is an actual good long term investment.
 
Am I the only one who thinks normies are gonna lose a shitton of cash on this? We all know that once normies are in on it, it's not cool. My gut feeling is a high-level wsb autistic cabal who bought into $GME back when it was like 5 USD/share have basically pump & dumped. They've made at least +6k%, you think they won't have sold once this shit went mainstream? Meanwhile first-time trader motherfuckers from Suburbia USA really do be out there believing it's going to go up to 1k USD/share and HODLing for their +20k% profit??? lmao gl
 
Yea i saw that. No one seems to be listening to that though because people want to be making money more than “sticking it to the man”. And this is a good thing. Hedgies make money by farming you, making money stops that.

Plus silver is an actual good long term investment.
Or we can bet against the shorts why fuck around with silver which is an ordinary bet when the hedge funds are on the hook for billions?
 
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Soooooo, how much are you shorting GME for right now? :)

Anyone trying to put blame on self-declared gambling retards are going to look real fucking stupid.
You have a group of people who bought this stock at 10 bucks, then told a bunch of other people to bid up the stock under the premise that they would be sticking it to billionaires. I know there's a ton of people who are buying it as a joke or to send a message or whatever. But there are also a ton of people who are not, and the second the media finds some old lady who lost her life savings because her grandson told her to buy Gamestop, that's going to be the front page story. I'm not saying its right or anything, I'm just saying this is how I think it's going to play out in the media. People are got on this thinking they were going to make money will lash out at the people who convinced them to do it. Politicians will be happy to throw u/DeepFuckingValue behind bars if they think they'll get credit for protecting the little guy from unscrupulous pump-and-dumpers on the Internet.
 
Am I the only one who thinks normies are gonna lose a shitton of cash on this? We all know that once normies are in on it, it's not cool. My gut feeling is a high-level wsb autistic cabal who bought into $GME back when it was like 5 USD/share have basically pump & dumped. They've made at least +6k%, you think they won't have sold once this shit went mainstream? Meanwhile first-time trader motherfuckers from Suburbia USA really do be out there believing it's going to go up to 1k USD/share and HODLing for their +20k% profit??? lmao gl
GME is not the only stock being Shorted there are other options that are in the same boat.
 
woke up with morning wood, let's see some hedgies start taking on interest losses in two hours

Am I the only one who thinks normies are gonna lose a shitton of cash on this?
So long as the normies bought-in at not-retarded prices and sell BEFORE the Melvins cash out or crash out, they'll be alright. They'll make chump-change, sure, because throwing in $10k funne mune when it's at $300/share and making a gain of somehow even $100 share would still just be, like, ($3333 - taxes) in gainz. But in all honesty, yeah, sure, that's not big banga bucka dorrah, but it's still a solid return.

It's the idiots that think the stock will somehow retain its value afterwards that are playing with fire. The idiots who work a 9-5 and think they're going to ride it to the needle's tip. Honestly, anyone who bought in -on- friday that's a normie is probably fucked. We don't know exactly when the Melvins will finally go under and dip just yet, since they might drag it out with the whole interest payments shit. If you're stuck holding the share AFTER the zenith, yeah, your $300 is going straight to $10. But that's going to be some tasty salt on its own.
GME is not the only stock being Shorted there are other options that are in the same boat.
The other hot-button I'M A PRO INVESTOR GUYS, READ AN ARTICLE ON REDDIT stocks aren't shorted above 100%.
 
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What I love and hate the most outt of the Wall Street/media defences is the kvetching about MUH FUNDAMENTULS. The fundamentals aren't there, GameStop is a brick and mortar retailer, it's retarded to put money into it during a pandemic. What is more fundamental than supply and demand tho? You have a stock shorted to shit, guaranteeing substantial demand. Securing the supply also scales your potential earnings as the price goes up since the number of available shares shrinks.
 
You have a group of people who bought this stock at 10 bucks, then told a bunch of other people to bid up the stock under the premise that they would be sticking it to billionaires. I know there's a ton of people who are buying it as a joke or to send a message or whatever. But there are also a ton of people who are not, and the second the media finds some old lady who lost her life savings because her grandson told her to buy Gamestop, that's going to be the front page story. I'm not saying its right or anything, I'm just saying this is how I think it's going to play out in the media. People are got on this thinking they were going to make money will lash out at the people who convinced them to do it. Politicians will be happy to throw u/DeepFuckingValue behind bars if they think they'll get credit for protecting the little guy from unscrupulous pump-and-dumpers on the Internet.
Again, you guys should be shorting GME so hard right now. I wonder why you don´t, because the argument is flawless in a world without Autism.

The people that still trust the media could possibly buy into that hedgefunds good, retail bad, but they´ll believe anything at this point. How about all the others?

How will you explain to Average Joe, that bailing out hedge funds or changing the rules to effectively do so, is fair game, while he´s sitting unemployed and waiting for that $2000 $1400 check that might never come?

The stock markets need the average schmuck to invest, if not for anything else, then to be holding the bag. And this bullshit is going to undermine any consumer trust pretty fucking quickly.
 
How will you explain to Average Joe, that bailing out hedge funds or changing the rules to effectively do so, is fair game, while he´s sitting unemployed and waiting for that $2000 $1400 check that might never come?
With the "Short Sellers are Heroes" story, the media just might be trying to do that.
 
Again, you guys should be shorting GME so hard right now. I wonder why you don´t, because the argument is flawless in a world without Autism.

The people that still trust the media could possibly buy into that hedgefunds good, retail bad, but they´ll believe anything at this point. How about all the others?

How will you explain to Average Joe, that bailing out hedge funds or changing the rules to effectively do so, is fair game, while he´s sitting unemployed and waiting for that $2000 $1400 check that might never come?

The stock markets need the average schmuck to invest, if not for anything else, then to be holding the bag. And this bullshit is going to undermine any consumer trust pretty fucking quickly.
The argument somehow over night became "don't be the person holding the bag" but its so obvious this is boomer PR speaking because I know autists and internet and we can stay retarded longer then they can stay solvent.
 
Again, you guys should be shorting GME so hard right now. I wonder why you don´t, because the argument is flawless in a world without Autism.

The people that still trust the media could possibly buy into that hedgefunds good, retail bad, but they´ll believe anything at this point. How about all the others?

How will you explain to Average Joe, that bailing out hedge funds or changing the rules to effectively do so, is fair game, while he´s sitting unemployed and waiting for that $2000 $1400 check that might never come?

The stock markets need the average schmuck to invest, if not for anything else, then to be holding the bag. And this bullshit is going to undermine any consumer trust pretty fucking quickly.
I wouldn't short GME at this point. The premiums are going to be insane from the volatility, and you'll be stuck waiting for it to go down enough, which it might not do in time for you not to lose everything. The market can stay retarded for far longer than you can stay solvent.
 
The argument somehow over night became "don't be the person holding the bag" but its so obvious this is boomer PR speaking because I know autists and internet and we can stay retarded longer then they can stay solvent.

I wouldn't short GME at this point. The premiums are going to be insane from the volatility, and you'll be stuck waiting for it to go down enough, which it might not do in time for you not to lose everything. The market can stay retarded for far longer than you can stay solvent.
I think this captures the gist of it. :)
 
I wouldn't short GME at this point. The premiums are going to be insane from the volatility, and you'll be stuck waiting for it to go down enough, which it might not do in time for you not to lose everything. The market can stay retarded for far longer than you can stay solvent.
Yeah GME seems like a stock that wont move much its hard to get into and people are holding, AMC on the other hand is at around $10 so that one seems slick to invest in for even just a few hundo.

I think this captures the gist of it. :)
Notice how all the people suggesting the shorted stock is bad or risky are also pushing silver LOL.
 
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You have a group of people who bought this stock at 10 bucks, then told a bunch of other people to bid up the stock under the premise that they would be sticking it to billionaires. I know there's a ton of people who are buying it as a joke or to send a message or whatever. But there are also a ton of people who are not, and the second the media finds some old lady who lost her life savings because her grandson told her to buy Gamestop, that's going to be the front page story. I'm not saying its right or anything, I'm just saying this is how I think it's going to play out in the media.

We don't negotiate with terrorists or hostage takers.
 
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