this is extremely dangerous to the stock market

submitted by Drewski from files.catbox.moe

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[–]PencilPusher55 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Normally I wouldn't side with the media but how is this not true? If these big firms of funds whatever - are liquidating their assets to cover their shorts, will this not entirely fuck anyone else over?

Also - Most of the people I know who are doing the GME thing have ZERO idea what's even happening and are chasing it, much like doge coin or BTC. Couldn't this lead to a collapse?

I get the point they're going for but GME really was a dying company, why wouldn't you short it? After all - Those fuckers on WSB's were creaming in their pants back in feb / march just begging for the market to tank and killing it on their shorts. So after they do a huge pump / dump (That's what it is) and cash out, they'll also double down and short the market when it inevitably fails from this? It's like - how are they the good guys?

It honestly seems to me that the only people who are really going to get hurt from this in the end are the normal investors. The autists and wallstreet will be just fine.

[–]send_nasty_stuff 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Normally I wouldn't side with the media but how is this not true?

It's still a bad faith argument. The media are saying 'it's extremely dangerous to the stock market' because they want to protect their owners not because they want to avoid a financial meltdown. If taking down one hedge fund can really destroy the entire system then it's too weak to exist anyway and should be replaced with something else.

The reality is that the stock market isn't strong or weak in the traditional sense at all. It's not a market at all. It's a fixed game and the anons are exposing that. These anons aren't trying to make money they are trying to cause extreme chaos because they rightly identify chaos is the only way out of the slave state.