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

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Arm Pit Cream said:
Dogecoin is the most successful ponzi scheme of our day.
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The other thing they don’t realize is it doesn’t matter what something is ‘worth’ if you can’t find a buyer.

The thing with GME is the short sellers are contractually obligated to buy shares. The thing with stocks in general is that if a company is doing well, it’s desirable to own some of it. There’s no reason to want to buy dogecoin other than thinking you can fleece the next sucker.
 
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I won't buy silver. I explained why before - mountains of the shit in Mexico.
Gold however is a SURE THING. Gold is technically shorted by 300 - 800% in all markets. There isn't enough gold to fulfill all the orders/issuances/covers.
That's a quick explanation, it's deeper than that.

My opinion.
 
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Orange Rhymer said:
I won't buy silver. I explained why before - mountains of the shit in Mexico.
Gold however is a SURE THING. Gold is technically shorted by 300 - 800% in all markets. There isn't enough gold to fulfill all the orders/issuances/covers.
That's a quick explanation, it's deeper than that.

My opinion.
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I am curious why people are excited about metals when its retail where all the action is? Like Why?
 
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Drag-on Knight 91873 said:
You ever wonder if Gamestop's CEO is the one who leaked that Gamestop stock was shorted at 140%? As far as anyone knew before this, Gamestop's decline was seen and still is inevitable. How would a CEO turn around an obviously sinking ship? A massive gamble on just how dumb hedge funds can be and it paid off.
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Pretty sure that sort of thing is listed publicly. Even marketwatch has a %short category
www.marketwatch.com

GME Stock Price | GameStop Corp. Cl A Stock Quote (U.S.: NYSE) | MarketWatch

GME | Complete GameStop Corp. Cl A stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
www.marketwatch.com www.marketwatch.com
Disheveled Human said:
I am curious why people are excited about metals when its retail where all the action is? Like Why?
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Obviously not the whole demand, but the usual schizos are shilling a theory that "they" will crash the stock market on Feb 25th and drive the value of the USD to 0.
 
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Crunchy Leaf said:
What alarms me even more is not people putting money they shouldn’t spend on GME, but people putting money they shouldn’t spend on other bullshit, primarily dogecoin. There were doge HODLers who thought they bought ‘stocks’, that prices would go up ‘when markets opened on Monday’, that there would somehow be a short squeeze on dogecoin (???).
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Why are you alarmed? Reddit/internet was filled with multiple people who donated all their money to Bernie Sanders campaign because they thought 1) He could get elected, and 2) he would remove all their college debt. Like, here goes all my back account lol woooohoooo! shit, and they all got cheered on cause they don't know how to budget or gamble without being retarded.

The old adage about a fool being easy to part with their money is, and will always be, true. Sometimes they might get lucky and not lose anything, or maybe even gain, but mostly they lose. Lucky they can crash with Mom for the next 20 years
 
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FatalTater said:
Not to air my personal financial decisions online, but last week I invested in curtains. Not on paper, actual physical curtains. Just a few panels to brighten the kitchen. I'm not telling anyone that they should buy curtains themselves but just think, how pissed off would the people that make miniblinds be if we all did.
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I know I'm going to sound like a conspiratard for a minute here, but what if the people who make curtains and the people who make blinds are the same people?
 
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Orange Rhymer said:
I won't buy silver. I explained why before - mountains of the shit in Mexico.
Gold however is a SURE THING. Gold is technically shorted by 300 - 800% in all markets. There isn't enough gold to fulfill all the orders/issuances/covers.
That's a quick explanation, it's deeper than that.

My opinion.
Click to expand...
This post brought to you by Rosland Capital.
 
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Rich Evans Apologist said:
Look at their profile posts:
www.reddit.com

heheproduction (u/heheproduction) - Reddit

u/heheproduction:
www.reddit.com www.reddit.com
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>Only a few hundred karma
>All from wsb

Yeah, that doesn't look suspicious at all. Definitely real people and real trades.

I'm not saying that there aren't people out there who are being completely retarded about this, but I am taking some of these accounts with a HEAVY grain of salt. There has been a lot of obvious bot/shill activity over the past week, so you have to look carefully at a user's post history before taking anything they say at face value
 
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Bins said:
Why are you alarmed? Reddit/internet was filled with multiple people who donated all their money to Bernie Sanders campaign because they thought 1) He could get elected, and 2) he would remove all their college debt. Like, here goes all my back account lol woooohoooo! shit, and they all got cheered on cause they don't know how to budget or gamble without being retarded.

The old adage about a fool being easy to part with their money is, and will always be, true. Sometimes they might get lucky and not lose anything, or maybe even gain, but mostly they lose. Lucky they can crash with Mom for the next 20 years
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Seeing a 24 year old tech bro with a six figure salary blow up his Robinhood through not understanding options is funny. Seeing already poor people lose everything through gambling they didn’t realize was gambling is sad.
 
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For those talking about the game market we've got a thread on it. It's been going nuts the last couple months; definitely the time to dump anything you don't have massive sentimental attachment to.

Andy Bandy Man said:
What's going with linking my bank account via Plaid?

I'm literally expected to give some 3rd party my fucking bank login?
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This is one of the things that stopped me from actually buying a share just for the experience. Fuck that and fuck not being able to just throw 100$ into an account via PayPal or a debit card.
 
"So we're fine. As long as nobody... buys GME at over $300/share."
"Question."
"What's your question, Soldier?"
question.jpg

"I bought GME at over $300/share."
"...What?"
"You told me to."
"How... much?"
how much.png

"I have done nothing but buy GME at over $300/share for three days."
nothin but buy.jpg

Liber Pater said:
>Only a few hundred karma
>All from wsb
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That first guy, yeah, but even then he's got some posts on other places like Pewds and so-on. The second one's much more diverse, longer post history.
 
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