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Why GameStop matters...

 
Anonymous Coward
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01/28/2021 09:28 AM
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Re: Why GameStop matters...
Anonymous Coward
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01/28/2021 09:28 AM
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Re: Why GameStop matters...
Wouldn't it be something if the USA was collapsed by Gamestop?
 Quoting: Anonymous Coward 78997133


So justice.
Much win.
 Quoting: Bill Wick, Person of Interest


Burn baby burn, let the bodies hit the floor!!!!
Weyoun

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01/28/2021 09:29 AM
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Re: Why GameStop matters...
Wouldn't it be something if the USA was collapsed by Gamestop?
 Quoting: Anonymous Coward 78997133


None of this makes sense to someone like me who does not "play" in the stock market.

I'm interested because I DO have a small investment fund from my work.

Can someone explain how a (stupid) gaming stock can "bring down the whole market/economy?"

Serious question.
 Quoting: Anonymous Coward 79906718


It's just the scapegoat.
Anonymous Coward
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01/28/2021 09:29 AM
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Re: Why GameStop matters...
Wouldn't it be something if the USA was collapsed by Gamestop?
 Quoting: Anonymous Coward 78997133


None of this makes sense to someone like me who does not "play" in the stock market.

I'm interested because I DO have a small investment fund from my work.

Can someone explain how a (stupid) gaming stock can "bring down the whole market/economy?"

Serious question.
 Quoting: Anonymous Coward 79906718


The move up will liquidate overleveraged short positions.
Big funds are going to get broke.
Time to crack up the doom champagne!
Anonymous Coward
User ID: 79979473
United Kingdom
01/28/2021 09:31 AM
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Re: Why GameStop matters...
Wouldn't it be something if the USA was collapsed by Gamestop?
 Quoting: Anonymous Coward 78997133


None of this makes sense to someone like me who does not "play" in the stock market.

I'm interested because I DO have a small investment fund from my work.

Can someone explain how a (stupid) gaming stock can "bring down the whole market/economy?"

Serious question.
 Quoting: Anonymous Coward 79906718


Bears thought they could eat honey forever, bee's just got pissed, now the bears are running for their lives.
Nefarious Libertine

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01/28/2021 09:34 AM
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Re: Why GameStop matters...
Wouldn't it be something if the USA was collapsed by Gamestop?
 Quoting: Anonymous Coward 78997133


None of this makes sense to someone like me who does not "play" in the stock market.

I'm interested because I DO have a small investment fund from my work.

Can someone explain how a (stupid) gaming stock can "bring down the whole market/economy?"

Serious question.
 Quoting: Anonymous Coward 79906718


He explains it quite well for those with no market understandings.

We do not learn from history because our studies are brief and prejudiced. In a surprising manner, 250 years emerges as the average length of national greatness. This average has not varied for 3,000years. The stages of the rise and fall of great nations seem to be:
The Age of Pioneers , The Age of Conquests ,The Age of Commerce ,The Age of Affluence ,The Age of Intellect ,The Age of Decadence.
Decadence is marked by: Defensiveness, Pessimism, Materialism,Frivolity An influx of foreigners The Welfare State A weakening of religion. Decadence is due to: Too long a period of wealth and power, Selfishness Love of money ,The loss of a sense of duty.
The life histories of great states are amazingly similar, and are due to internal factors. Their falls are diverse, because they are largely the result of external causes. - Sir John Glubb The Fate of Empires
We are at the end of the Age of Decadence heading into COLLAPSE
Anonymous Coward
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01/28/2021 09:36 AM
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Re: Why GameStop matters...
All of this is wrong. This has nothing to do with banks servicing debt, and one hedge fund losing on one short sale venture is not going to “crash the system”. Individual investors coordinating their efforts as a group can only affect a few stocks at a time because they simply don’t have the money to do it on a large scale.

There is also the fact that all these people are putting money into businesses which may or may not survive. The first time that goes south and all these individual investors lose their money, all this will be much harder to pull off the next time around.

Finally, even if this could “crash the system” that would be a terrible thing. Worldwide stock markets provide the best way for small investors to build wealth and have a solid retirement over time. It can be manipulated here and there but overall it’s a very good system. A person who starts at 20 years old and invests $2,000 per year in the market has over $1.5 million at age 65 thanks to the compounding of dividends and capital gains. There is no other way to do that as consistently as the stock market.
 Quoting: Anonymous Coward 79555450


Finally, a logical statement on the subject that doesn’t view things through a prism of tin foil.
Weyoun

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01/28/2021 09:37 AM
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Re: Why GameStop matters...
This is damaging the world economy. U.N. peacekeepers may need to step in and put a stop to this. The economies of the whole world will need to be put under jurisdiction of the U.N. World Economic Forum to make sure this never happens again.
 Quoting: Anonymous Coward 79915315


That's their ultimate goal. Even the tarp is U.N. blue but sheep keep falling for it.

Tarp
Anonymous Coward
User ID: 78087053
United States
01/28/2021 09:39 AM
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Re: Why GameStop matters...
Lol well...they pull this off and their games WILL stop.
Anonymous Coward
User ID: 78994086
India
01/28/2021 09:39 AM
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Re: Why GameStop matters...
All of this is wrong. This has nothing to do with banks servicing debt, and one hedge fund losing on one short sale venture is not going to “crash the system”. Individual investors coordinating their efforts as a group can only affect a few stocks at a time because they simply don’t have the money to do it on a large scale.

There is also the fact that all these people are putting money into businesses which may or may not survive. The first time that goes south and all these individual investors lose their money, all this will be much harder to pull off the next time around.

Finally, even if this could “crash the system” that would be a terrible thing. Worldwide stock markets provide the best way for small investors to build wealth and have a solid retirement over time. It can be manipulated here and there but overall it’s a very good system. A person who starts at 20 years old and invests $2,000 per year in the market has over $1.5 million at age 65 thanks to the compounding of dividends and capital gains. There is no other way to do that as consistently as the stock market.
 Quoting: Anonymous Coward 79555450


Finally, a logical statement on the subject that doesn’t view things through a prism of tin foil.
 Quoting: Anonymous Coward 78577688


[imgur] [link to imgur.com (secure)]
YEAST OF HER WORRIES

User ID: 76649084
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01/28/2021 09:39 AM
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Re: Why GameStop matters...
Are you watching total trade volume for NAKD? How the hell can it go up and down? Volume can't go down as the day progresses
Miles2Go

User ID: 40968143
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01/28/2021 09:41 AM

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Re: Why GameStop matters...
Is the goal of the Redditers to bring down hedge funds that make their money by shorting stocks? Wasn't shorting stocks banned at some point in the 20th century? Are they wanting shorting banned?
 Quoting: Anonymous Coward 2


I find some of this confusing, but I think the scam part of the shorting is the naked shorting that allows market manipulation .

Naked shorting is the illegal practice of short selling shares that have not been affirmatively determined to exist
Consciousness is That Annoying Time Between Naps
Anonymous Coward
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01/28/2021 09:41 AM
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Re: Why GameStop matters...
Wouldn't it be something if the USA was collapsed by Gamestop?
 Quoting: Anonymous Coward 78997133


None of this makes sense to someone like me who does not "play" in the stock market.

I'm interested because I DO have a small investment fund from my work.

Can someone explain how a (stupid) gaming stock can "bring down the whole market/economy?"

Serious question.
 Quoting: Anonymous Coward 79906718


He explains it quite well for those with no market understandings.

 Quoting: Nefarious Libertine


From the few sensible posts in here, it seems they CAN’T.
One group of Reddit users focusing on one or two stocks is one thing, but look at how many hedge fund investors there are with how many other stocks that are NOT GameStop
It seems to be isolated chaos that should only spook whichever stock is being targeted at the time.....
TINY dent in the “system.”
All this tin foil worry is overblown drama.
Deplorable Zenobia

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01/28/2021 09:42 AM
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Re: Why GameStop matters...
Just another alt media analyst's take on this hilarious 'fuck you' delivered up on a platter by all those creative folks.

Oh, the wailing of banshees grows to a fevered pitch...


And thought struggles against the results, trying to avoid those unpleasant results while keeping on with that way of thinking. That is what I call 'sustained incoherence.' ...David Bohm

“How, O Zenobia, hast thou dared to insult Roman emperors?” ...Aurelian, 44th Emperor of the Roman Empire
USDAlady

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01/28/2021 09:43 AM
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Re: Why GameStop matters...
Wouldn't it be something if the USA was collapsed by Gamestop?
 Quoting: Anonymous Coward 78997133


So justice.
Much win.
 Quoting: Bill Wick, Person of Interest


It was Reddit/social media masses that did this.

Imagine if they went after Google? They're eliminating tens (hundreds?) of thousands of users from their platform; when will that catch up?
Anonymous Coward
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India
01/28/2021 09:43 AM
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Anonymous Coward
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01/28/2021 09:44 AM
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Re: Why GameStop matters...
The Real Kreemerz

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01/28/2021 09:44 AM
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Re: Why GameStop matters...
For every $11.00 the price of GameStop shares goes up, the banks lose about a billion dollars.

2008's housing market collapse only cost the banks around 50 billion.
$1000 GME/Funcoland is WORSE FOR THE BANKS THAN THE 2008 HOUSING MARKET CRASH.

This is going to crash the entire financial system.

And it's not limited to Gamestop, or AMC, or BBRY.

This has exposed a serious vulnerability in a system that is already propped up by MASSIVE amounts of debt.
These funds make up a significant amount of trading volume on the NYSE, and the average hedge fund has $30-40 in debt for every $1 of actual money on their books.
It has now become apparent that the sustenance of the entire system is dependent upon fund managers and bankers trading on inside info at the expense of retail investors who hold positions opposite theirs.

Retail and "outsiders" have now figured out a way to break their game, rendering them unable to service that debt.

If the government intercedes, they can only do so unconstitutionally and screw tens of thousands of regular people out of money they made fairly.

If they don't, I don't know if you realize this, but we are looking at a system-wide collapse that can't be stopped.

Hedge funds have a total of $3.25 trillion under management, and nearly every dollar of that is intertwined and levered up to the extent above.

The value of the US dollar will be at risk. There's no amount of stimulus the government can pour in to help service that debt without triggering hyperinflation.

Exciting times.
 Quoting: TheUnifiedTheory


Doesn't matter. This is artificial. Don't react to it like everyone else is.
The best US president of all time: Donald Trump
Anonymous Coward
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01/28/2021 09:46 AM
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Re: Why GameStop matters...
Stock prices of a videogame company matter? They’re so important that they require 2 pins?

Hmm. America is deindustrialized & hyperinflating the dollar till it collapses the economy. The Communists control EVERYTHING & are openly weaponizing all government agencies & institutions to liquidate the right. Every last freedom we have has been revoked: freedom of speech, freedom of religion, freedom of association, freedoms of the press. Bill Gates & the billionaire oligarchs are enslaving us with surveillance state tech & their puppet Biden is about to make their eugenics weapon vaxx mandatory. The country is being overrun by 3rd world Marxist migrants who come in search of free shit. Everything is either going to shit or is already gone, & soon we’ll have a carefully planned & pre-scripted “civil war” to create chaos & allow China & Russia to invade.

You’re right OP. The ONLY thing that truly matters is the stock price of GameStop.
 Quoting: Anonymous Coward 77639948


LOL, Your dumb.
Anonymous Coward
User ID: 79924504
United States
01/28/2021 09:48 AM
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Re: Why GameStop matters...
Today, Wall Street is showing more and more that Rofschild was right. It only exists to steal money from the people.

Brokers and trading platforms have started preventing people from buying GME stocks and options and only allowing selling.

If GME is above 200/share by tomorrow's open, the price will skyrocket even more. Wall Street is terrified of giving BACK some of the money that it's systematically stolen from the people. Oh no a hedge fund pirate may have to sell his yacht and Hamptons estate and downsize to only a $2 million beach house in *gasp* Jersey. The horror!
Anonymous Coward
User ID: 32411523
United States
01/28/2021 09:51 AM
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Re: Why GameStop matters...
Wow... TPTB win again.

The "Robin Hood" traders bring down the big bad bankers to revenge their parents losing everything in the 2008 crash.

In reality the system is being crashed because it has to be crashed, the dollar has to die, in order to usher in the Great Reset and the banker controlled digital dollar. A couple of hedge funds will be sacrificed just like in 2008, but rest assured the elite bankers will be more powerful than ever with their new digital dollar system.

The "Robin Hood" traders, their families, you, your family... will lose everything. The "Robin Hood" traders will become the villains and the government/fed will swoop in to save the day with their new digital currency slave system.
 Quoting: Anonymous Coward 78785161


Brave New World
 Quoting: Weyoun


Read Revelation. I've read both books, and current events are laid out in Revelation. This is the mark of the beast system. The only way out of this is spiritual. You realize that the material realm is the illusion and you are willing to die with your soul intact rather than take the mark.
The mark will make you not human. Transhumanism. That's what Epstein was investing in. No wonder they couldn't allow him to go to trial.
 Quoting: hollyavila

There’s so much truth in this last post, hoping and praying for those who are lost will find eternal salvation in Jesus Christ that are God Almighty’s children. God bless you!
Parrot in Flip Flops

User ID: 79948394
United States
01/28/2021 09:51 AM

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Re: Why GameStop matters...
For every $11.00 the price of GameStop shares goes up, the banks lose about a billion dollars.

2008's housing market collapse only cost the banks around 50 billion.
$1000 GME/Funcoland is WORSE FOR THE BANKS THAN THE 2008 HOUSING MARKET CRASH.

This is going to crash the entire financial system.

And it's not limited to Gamestop, or AMC, or BBRY.

This has exposed a serious vulnerability in a system that is already propped up by MASSIVE amounts of debt.
These funds make up a significant amount of trading volume on the NYSE, and the average hedge fund has $30-40 in debt for every $1 of actual money on their books.
It has now become apparent that the sustenance of the entire system is dependent upon fund managers and bankers trading on inside info at the expense of retail investors who hold positions opposite theirs.

Retail and "outsiders" have now figured out a way to break their game, rendering them unable to service that debt.

If the government intercedes, they can only do so unconstitutionally and screw tens of thousands of regular people out of money they made fairly.

If they don't, I don't know if you realize this, but we are looking at a system-wide collapse that can't be stopped.

Hedge funds have a total of $3.25 trillion under management, and nearly every dollar of that is intertwined and levered up to the extent above.

The value of the US dollar will be at risk. There's no amount of stimulus the government can pour in to help service that debt without triggering hyperinflation.

Exciting times.
 Quoting: TheUnifiedTheory



They picked it for the name.. GameStop
 Quoting: Anonymous Coward 55728467


No coincidence its called GameStop.....this is an order from higher up (the cause)....this here.... what is gonna happen, will be the effect

Last Edited by Parrot in Flip Flops on 01/28/2021 09:52 AM
Those who refuse to Self Govern will always be Governed by Others!

There are far, far better things ahead, than any we leave behind.....C.S. Lewis
Anonymous Coward
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United States
01/28/2021 09:51 AM
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Re: Why GameStop matters...
Today, Wall Street is showing more and more that Rofschild was right. It only exists to steal money from the people.

Brokers and trading platforms have started preventing people from buying GME stocks and options and only allowing selling.

If GME is above 200/share by tomorrow's open, the price will skyrocket even more. Wall Street is terrified of giving BACK some of the money that it's systematically stolen from the people. Oh no a hedge fund pirate may have to sell his yacht and Hamptons estate and downsize to only a $2 million beach house in *gasp* Jersey. The horror!
 Quoting: Anonymous Coward 79924504


Or a blessing in disguise.
Dogfood™

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01/28/2021 09:53 AM
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Re: Why GameStop matters...
Gamestop is a trash video game store

i refuse to give them money
Anonymous Coward
User ID: 79919421
Canada
01/28/2021 09:54 AM
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Re: Why GameStop matters...
My question is who is actually doing this. People do realize that a bunch of people on reddit don't have the funds to do this right? We are talking billions of stock buys happening here. Either everyone and their mother are in on this, or something else is afoot.
 Quoting: Anonymous Coward 79819085


CCP my friend
 Quoting: Anonymous Coward 79473810


uhh yeah, we do have the funds for this. We're all not broke ass like u crazys out here.
Anonymous Coward
User ID: 78994086
India
01/28/2021 09:55 AM
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Re: Why GameStop matters...
Gamestop is a trash video game store

i refuse to give them money
 Quoting: Dogfood™


aaron needs all you cash bra for counselling and antabuse

Anonymous Coward
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01/28/2021 09:58 AM
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Re: Why GameStop matters...
$11 to a billion. So it rose $500, bankers lost 46 Billion out of trillions. So they lost 1% of their fortune. So you have two days to get the other 99% before their options expire. After their options expire on Friday, I’ll bet the bankers are going to come up with a way to hammer the little people.
Anonymous Coward
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India
01/28/2021 10:00 AM
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Re: Why GameStop matters...
Anonymous Coward
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01/28/2021 10:00 AM
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Re: Why GameStop matters...
IM YOUR HUCKLEBERRY

User ID: 21947463
United States
01/28/2021 10:03 AM
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Re: Why GameStop matters...
Imagine us going out like this.
Killed by a hundred foot marshmallow man game rental company.
cig
 Quoting: Bill Wick, Person of Interest


epiclol





GLP