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Who else is tuned into gamestop?

Posted on 1/27/21 at 2:42 am
Posted by O P Walker
Birmingham
Member since Oct 2018
473 posts
Posted on 1/27/21 at 2:42 am
It may just be us 4chan idiots. Take a look at Monday Boomerz. May show u the power of a real revolution.
Posted by auggie
Opelika, Alabama
Member since Aug 2013
28211 posts
Posted on 1/27/21 at 2:44 am to
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
10933 posts
Posted on 1/27/21 at 3:08 am to
This story was very easy to tune out at first. But when I actually stopped and read it. I realized it’s the most genius protest against the elites that’s ever been done.

Everyone should tune in.
This post was edited on 1/27/21 at 3:11 am
Posted by UcobiaA
The Gump
Member since Nov 2010
2816 posts
Posted on 1/27/21 at 4:00 am to
What does any of what you wrote mean? I'd be interested in knowing but I don't even have a starting point.
Posted by auggie
Opelika, Alabama
Member since Aug 2013
28211 posts
Posted on 1/27/21 at 4:04 am to
Some reddit people are manipulating stock prices of gamestop and driving it through the roof.
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
12812 posts
Posted on 1/27/21 at 4:04 am to
Robin Hood traders started buying GameStop stock like crazy because it was heavily shorted. This squeezed shorts (hedge funds and other assholes) and has caused the stock price to “shoot to the moon.” It’s a giant f u to Wall Street and some people are making out very nicely non options and trades.
Posted by auggie
Opelika, Alabama
Member since Aug 2013
28211 posts
Posted on 1/27/21 at 4:09 am to
It's gonna backfire.
Posted by OBReb6
Memphissippi
Member since Jul 2010
37915 posts
Posted on 1/27/21 at 4:09 am to
It should also be noted that GameStop is a company quickly becoming obsolete and going the way of blockbuster. So yeah the assholes on wallstreet have been shorting the frick out of it and this has been hilarious to watch. The age group of the subreddit probably has a soft spot of nostalgia for GameStop which adds to their drive.

Will be interesting to see who holds out longer. It will probably be Wall Street but they already made countless shorters suffer so they already won in my book.
This post was edited on 1/27/21 at 4:10 am
Posted by OBReb6
Memphissippi
Member since Jul 2010
37915 posts
Posted on 1/27/21 at 4:13 am to
quote:

It's gonna backfire.


I mean yeah but we’re not talking about hedge funds putting millions into it, we’re talking about millions of little trolls putting $20 of grandma’s Christmas money into it. Most people can absorb a $20 loss
Posted by Strannix
District 11
Member since Dec 2012
49038 posts
Posted on 1/27/21 at 4:15 am to
This is actual effective economic warfare
Posted by Navtiger1
Washington
Member since Aug 2007
3368 posts
Posted on 1/27/21 at 4:23 am to
quote:

It's gonna backfire.


Not really. They aren't trying to save gamestop. It's just the tool they are using to screw the short selling assholes by driving up the price, it could have been any company. It's just more entertaining because its a video game store.
Posted by auggie
Opelika, Alabama
Member since Aug 2013
28211 posts
Posted on 1/27/21 at 4:28 am to
Yeah, I understand that, but I think we are going to end up seeing one of those rules of unintended/unforeseen consequences emerge from it somehow.
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
12812 posts
Posted on 1/27/21 at 4:34 am to
It’s the ultimate f u to Wall Street manipulation. Pretty sure I read where they are wanting to regulate retail traders now because of things like this. That’s just a slap in the face and a get back in line attitude. I sincerely hope the little guys keep it up and push the stock price to $1k.
Posted by PEEPO
Member since Sep 2020
1820 posts
Posted on 1/27/21 at 4:35 am to
Don't let your dreams be memes.

Posted by Bulldogblitz
In my house
Member since Dec 2018
26799 posts
Posted on 1/27/21 at 4:45 am to
Damn
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 1/27/21 at 5:18 am to
Now is the time to short. Whoever holds it now is going to take it in the shorts.
Posted by Privateer 2007
Member since Jan 2020
6238 posts
Posted on 1/27/21 at 5:20 am to
This is funny.

I fundamentally have an issue with short selling.

It's just disguisting to me.
Find investments you believe in.
Rooting for failure just seems Un-American.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 1/27/21 at 5:21 am to
Shorting serves a purpose. It has shined a light on a lot of bad corporate behavior.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
68266 posts
Posted on 1/27/21 at 5:24 am to
quote:

Now is the time to short.


or flatten.
Posted by Junky
Louisiana
Member since Oct 2005
8395 posts
Posted on 1/27/21 at 5:57 am to
Heard about it Monday. I had a chuckle.

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