Why GameStop matters... | |
Anonymous Coward User ID: 32361773 United States 01/28/2021 09:28 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79876430 United States 01/28/2021 09:28 AM Report Abusive Post Report Copyright Violation | |
Weyoun User ID: 78625468 United States 01/28/2021 09:29 AM Report Abusive Post Report Copyright Violation | 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. It's just the scapegoat. |
Anonymous Coward User ID: 79876430 United States 01/28/2021 09:29 AM Report Abusive Post Report Copyright Violation | 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. 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 Report Abusive Post Report Copyright Violation | 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. Bears thought they could eat honey forever, bee's just got pissed, now the bears are running for their lives. |
Nefarious Libertine User ID: 40488826 United States 01/28/2021 09:34 AM Report Abusive Post Report Copyright Violation | 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. 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 User ID: 78577688 United States 01/28/2021 09:36 AM Report Abusive Post Report Copyright Violation | 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. Quoting: Anonymous Coward 79555450 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. Finally, a logical statement on the subject that doesn’t view things through a prism of tin foil. |
Weyoun User ID: 78625468 United States 01/28/2021 09:37 AM Report Abusive Post Report Copyright Violation | 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. |
Anonymous Coward User ID: 78087053 United States 01/28/2021 09:39 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78994086 India 01/28/2021 09:39 AM Report Abusive Post Report Copyright Violation | 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. Quoting: Anonymous Coward 79555450 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. Finally, a logical statement on the subject that doesn’t view things through a prism of tin foil. [imgur] [link to imgur.com (secure)] |
YEAST OF HER WORRIES User ID: 76649084 Canada 01/28/2021 09:39 AM Report Abusive Post Report Copyright Violation | |
Miles2Go User ID: 40968143 United States 01/28/2021 09:41 AM Report Abusive Post Report Copyright Violation | 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 User ID: 78577688 United States 01/28/2021 09:41 AM Report Abusive Post Report Copyright Violation | 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. He explains it quite well for those with no market understandings. 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 User ID: 79856031 United States 01/28/2021 09:42 AM Report Abusive Post Report Copyright Violation | 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 User ID: 79702220 United States 01/28/2021 09:43 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78994086 India 01/28/2021 09:43 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78994086 India 01/28/2021 09:44 AM Report Abusive Post Report Copyright Violation | |
The Real Kreemerz User ID: 76589379 United States 01/28/2021 09:44 AM Report Abusive Post Report Copyright Violation | For every $11.00 the price of GameStop shares goes up, the banks lose about a billion dollars. Quoting: TheUnifiedTheory 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. 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 User ID: 67904014 United States 01/28/2021 09:46 AM Report Abusive Post Report Copyright Violation | Stock prices of a videogame company matter? They’re so important that they require 2 pins? Quoting: Anonymous Coward 77639948 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. LOL, Your dumb. |
Anonymous Coward User ID: 79924504 United States 01/28/2021 09:48 AM Report Abusive Post Report Copyright Violation | 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 Report Abusive Post Report Copyright Violation | Wow... TPTB win again. Quoting: Anonymous Coward 78785161 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. Brave New World 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. 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 Report Abusive Post Report Copyright Violation | For every $11.00 the price of GameStop shares goes up, the banks lose about a billion dollars. Quoting: TheUnifiedTheory 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. They picked it for the name.. GameStop 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 User ID: 78577688 United States 01/28/2021 09:51 AM Report Abusive Post Report Copyright Violation | Today, Wall Street is showing more and more that Rofschild was right. It only exists to steal money from the people. Quoting: Anonymous Coward 79924504 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! Or a blessing in disguise. |
Dogfood™ User ID: 79824634 United States 01/28/2021 09:53 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79919421 Canada 01/28/2021 09:54 AM Report Abusive Post Report Copyright Violation | 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 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 Report Abusive Post Report Copyright Violation | aaron needs all you cash bra for counselling and antabuse https://twitter.com/_/status/1354744867554029569 |
Anonymous Coward User ID: 73550067 United States 01/28/2021 09:58 AM Report Abusive Post Report Copyright Violation | $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 User ID: 78994086 India 01/28/2021 10:00 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78994086 India 01/28/2021 10:00 AM Report Abusive Post Report Copyright Violation | |
IM YOUR HUCKLEBERRY User ID: 21947463 United States 01/28/2021 10:03 AM Report Abusive Post Report Copyright Violation | |