Please think of all the people you hurt by buying gamestop stock.

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[–]AnarchySpeach 12 insightful - 7 fun12 insightful - 6 fun13 insightful - 7 fun -  (8 children)

Break out the popcorn. Communists and Capitalists are in agreement. This is going to be a wild ride.

[–][deleted] 3 insightful - 8 fun3 insightful - 7 fun4 insightful - 8 fun -  (1 child)

Nazbol Gang Rise Up

[–]Tom_Bombadil 4 insightful - 6 fun4 insightful - 5 fun5 insightful - 6 fun -  (0 children)

Nazbol Gang Rise Up

And then send in the Nazgûl.

[–]Akali 1 insightful - 3 fun1 insightful - 2 fun2 insightful - 3 fun -  (1 child)

If by wild ride you mean thousand of poor people losing money, then yes, it will be.

[–]AnarchySpeach 6 insightful - 3 fun6 insightful - 2 fun7 insightful - 3 fun -  (0 children)

If anybody joined in this mess thinking they were going to get rich quick they kind of deserve it. If they didn't lose their money from this they would've lost it eventually doing something else stupid.

This whole thing is a bunch of people burning money to anger the rich. Some people got that check from the government and thought blowing a few hundred bucks for the meme would be funny.

[–]PencilPusher55 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (3 children)

Nah, AOC posted something - Ted Cruz agreed, and AOC asked him to resign. They're still just as nasty and evil as before.

[–]AnarchySpeach 3 insightful - 4 fun3 insightful - 3 fun4 insightful - 4 fun -  (2 children)

AOC is a nervous politician pretending to be one side or the other. I doubt she's ever spoken a word in public that wasn't pre-approved by staff. Only reason why she's democrat instead of republican is because she has a statistical advantage in pretending to be blue. Ted Cruz is also spineless, but more of the beaten dog kind. I honestly think he believes in what he says. He just doesn't have the balls to follow through without asking permission first.

[–]madcow-5 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

I think this would be right if instead of “pre-approved by staff” it was more like whatever the mob of 20 year old radicals on twitter are saying.

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

Most of her staff are 20 year old twittards. lol

[–][deleted] 10 insightful - 3 fun10 insightful - 2 fun11 insightful - 3 fun -  (9 children)

Anyone who invests in shares should know it's a casino by now. Who cries injustice when they lose big at a Casino.

[–]AnarchySpeach 10 insightful - 2 fun10 insightful - 1 fun11 insightful - 2 fun -  (8 children)

Who cries injustice when they lose big at a Casino.

The casino. They are crying as loud as they can right now hoping people will stop because there's the risk of them losing for once.

[–]magnora7 10 insightful - 2 fun10 insightful - 1 fun11 insightful - 2 fun -  (5 children)

It's like how actual casinos evict card counters, even though it's a perfectly fair part of the game. They literally deliberately exclude people smart enough to figure out how to win.

Just like we're seeing on Robinhood and all these exchanges today, shutting down the ability to buy Gamestop and Nokia, in a day's notice, at the request of Wall Street.

[–][deleted] 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (4 children)

The game is rigged and only some people are allowed to rig it.

[–]magnora7 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (3 children)

Agreed. But only some people have the power and influence to be able to rig it. Society is a giant hierarchy, and those who can, do.

[–][deleted] 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 3 fun -  (0 children)

Democracy allows the elites to have big cheap loyal armies. When the illusion finally collapses, the auction will open.

[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Yep, playing the stock market is downright easy if you can imagine thinking like a depraved psychopath. Once you get into these people's mindset, it's actually easy. Been doing it for over 30 years.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

And those of us who see the game can pick up a few crumbs along the way :)

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

Did you know all the stock markets across Europe and Asia have been stalled for decades? Many haven't exceeded the 2000 bubble top, only the US Dow and a couple of others. I heard it on a podcast interview off peakprosperity with martin Armstrong. The interview was July 2019, over a year and a half ago.

https://www.peakprosperity.com/martin-armstrong-dow-35000-by-2021/

Some people think he's a crackpot but that wasn't a prediction, it was a statement of fact that I verified. But his opinion, stated back in 2017, was that due to what was occurring across the globe the DOW could easily hit 35,000 by this year. Considering where it is now and where it's come from that's not out of the ball park is it? Anyway what's going on with this, what's going on is that people all over the world are moving capital into the US in the search for safe gains and it's pushing the DOW up and up. The DOW companies are hollow shells, worth only a fraction of their listed market cap but that doesn't stop people buying them. It's a true shell game and all the pension funds are involved as well. people around the world are clinging to one simple fact, the US is still the reserve currency and hence it's bonds still safer than anyone else's.

When the crash comes it will be monumental Because of this global currency flow. I won't even delve into who is orchestrating it, most of us consider a global conspiracy of elites are behind the banking and financial systems and through them most all other aspects of human life. I am totally out of the markets for a number of reasons, this being the main one but also because it's all a matter of record, unlike a few other things you can invest in. Even classic cars are an investment if you know what you are about, and when you sell one for $100k, well you are just selling a used car, no capital gains tax!

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

The safer the currency, the harder it is to spend it.

The slightly-above-middle-class rich use cars, trading cards, coins, antiques, ect.

The very rich use paintings and other works of art.

The super rich use archaeological finds so valuable that knowing it exists decreases its value because it's a piece of history currently unknown to the public. These objects are completely illegal to own... unless you're a corrupt government official.

Because of the way this exponentially increase this tends to result in secure investments being harder to move in proportion to to its worth.

It's one of the reasons why more and more laws are being built up against cryptocurrency. If it becomes easy to use it would devalue the physical treasures the rich have locked away.

[–]TheJamesRocket 7 insightful - 3 fun7 insightful - 2 fun8 insightful - 3 fun -  (4 children)

The manner in which 'liberals' are reacting to this incident is very telling.

9 years ago, liberals wanted to occupy Wall Street.

Today, liberals want to protect Wall Street.

[–]magnora7 6 insightful - 3 fun6 insightful - 2 fun7 insightful - 3 fun -  (0 children)

Mostly neoliberals want to protect wall street, and the Democrat party is mostly neoliberals at this point. Just like most of the Republicans are neoconservatives. The "neo" in both basically meaning pro-corporation.

Real liberals wouldn't want to protect big money wall street. Nor would real conservatives. But both have been supplanted by the Democrat and Republican versions of themselves, which represent the corporation rather than the common man.

[–]insta 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

I can't remember where I saw but it was this graph of "Systemic Racism" or some other bullshit term and on the chart showed the explosion of all these bullshit terms and it was right around Occupy.

Really makes you think. It also had some bad depictions of Jews but that's saiddit.

[–]madcow-5 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

I noticed it in 2013, a few years after that. I think they started by switching the curriculum in public schools. Basically no one was talking about these things, then a generation of radicals who genuinely believed dumb shit like privilege and race=power+privilege.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Sell outs just like their useless hippie parents who got jobs as contractors, job squatters and consultants. Remnants of the 70's redpill movement amongst a different generation of fart sniffer, now they just call themselves "truth seekers", "scientists" and "job creators".

[–]TheJamesRocket 7 insightful - 2 fun7 insightful - 1 fun8 insightful - 2 fun -  (2 children)

Short selling a stock is always a dangerous move, especially with penny stocks. There is a low upside, and unlimited downside.

These Hedgefunds were reckless. WallStreetBets found out about their plans to short sell, and they took complete advantage by buying up the GameStop stocks at bargain prices. The Hedgefunds now have to buy back those same stocks at the much higher prices, which means they will incur tremendous losses.

[–]magnora7 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (1 child)

WallStreetBets found out about their plans to short sell,

I'm still confused about how exactly that happened? Apparently the short sells are public information? I do wonder about the specifics of that

[–][deleted] 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (0 children)

They didn't "find out about their plans to short sell", they realized the number of shares SHORT the stock was greater than the number of shares outstanding. This in theory should be impossible, unless people are doing illegal things, such as selling (short) shares THAT DON'T EXIST.

This (obviously?) set off the alarms at WSB and action was taken. And if not for the extremely illegal moves by robinhood (should rename to robbingood really) and other retail-oriented brokers, these WSB autists (brilliant mavericks, more like) would have made the streed bleed red and filled their accounts with huge monies.

I did not check at which price the option expiry took place, because I did not participate in that bit of autism (I found out late) but there was certainly a way to make HUMONGOUS gains from this. As it stands, for sure some big institutions lost billions that went directly into the portfolios of these WSB autists.

[–]JasonCarswellVoluntaryist 5 insightful - 5 fun5 insightful - 4 fun6 insightful - 5 fun -  (3 children)

Anyone notice that "GameStop" will be a game changer or maybe a game stopper? The psyop titles aren't even trying to hide it.

[–]AnarchySpeach 7 insightful - 5 fun7 insightful - 4 fun8 insightful - 5 fun -  (2 children)

I've got a hard time believing that this was a planned mind trick that started in the 80's. And now's the moment it's activated?

[–]JasonCarswellVoluntaryist 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (1 child)

I don't think they started it then. I'd say now they capitalizing on the best option, like a rare perfect storm. There's no shortage of other stupid ideas they float out there. This one has moxy.

We're in their Great Reset end game now, and there's no shortage of pop culture "end game" references to support the concept, intentional or otherwise.

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

How does the collapse of a dozen rich people help the rich? I thought the reset was supposed to give them more power, not lose it to the poor.

[–]RightousBob 5 insightful - 3 fun5 insightful - 2 fun6 insightful - 3 fun -  (3 children)

Fuck Wall St.! I hope this accelerates it's demise.

[–]Akali 2 insightful - 3 fun2 insightful - 2 fun3 insightful - 3 fun -  (1 child)

It won't. It's 1 edge fund who was shorting it. Most edge fund have long position in the market. So they'll gain money from it. And the edge fund will sell their stock before the wave crash. Don'T kid yourself.

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

They are HEDGE funds.

[–]madcow-5 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

More likely they’ll just crack down on amateur traders.

[–]Akali 5 insightful - 2 fun5 insightful - 1 fun6 insightful - 2 fun -  (0 children)

The truth about the gamestop shit is that its a bubble which mean a lot of small people will buy stock overpriced and when it will fall, they'll lose money. So the truth is a lot of small guy will lose money. Most edge fund are pro market with long position. some replicate indexs. Some will have long position in Gamestop and will sell their stock for a profit. Buying stock isn't going to hurt the vast majority of edge fund. They'll be happy of it. It's just a bubble like many other. Some people will get money and many will lose money.

I don't mind if you surf on the wave, but if you are hyping friends or if you are responsible for children. Know that this wave will eventually crash.

[–]PencilPusher55 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (2 children)

This "movement" is more than likely comprised of 5% of the people that actually want to stick it to wall street and 95% that want to get rich off of their $1,000 investment so encourage others to pile on.

It really, really has exposed these big money shit bags and for that I'm all for it, but it's also a total ponzi scheme.

[–]magnora7 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

I think most realize it's a total pump and dump play, just until the hedge fund's shorts expired.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Yeah until the options expired on Friday at close.

[–]dissidentrhetoric 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

"owned"

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

yeah not too much sympathy from me for the axel rods.

[–]madcow-5 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

...and democrats are already defending the hedge funds, but in milquetoast enough language that the left thinks they're defending the people.

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

Think of the children! The hedge fund managers children!