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re: So I bought some Gamestop(GME)

Posted on 1/27/21 at 6:38 pm to
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/27/21 at 6:38 pm to
are you talking about discord or the subreddit?

subreddit went private to weed out bots and panic ensued
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18371 posts
Posted on 1/27/21 at 6:39 pm to
quote:

Someone just spent 2 billion to drive this down


Where did you see that?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/27/21 at 6:41 pm to
the sub is back up
Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
14220 posts
Posted on 1/27/21 at 6:42 pm to
quote:

NBC NEWS: Short-sellers lost $14.3 billion today alone on GameStop stock, according to S3 Partners
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/27/21 at 6:43 pm to
msg from mod

quote:

We have grown to the kind of size we only dreamed of in the time it takes to get a bad nights sleep. We've got so many comments and submissions that we can't possibly even read them all, let alone act on them as moderators. We wrote software to do most of the moderation for us but that software isn't allowed to read the Reddit new feed fast enough and submit responses, and the admins haven't given us special access despite asking for it.

We're suffering from success and our Discord was the first casualty. You know as well as I do that if you gather 250k people in one spot someone is going to say something that makes you look bad. That room was golden and the people that run it are awesome. We blocked all bad words with a bot, which should be enough, but apparently if someone can say a bad word with weird unicode icelandic characters and someone can screenshot it you don't get to hang out with your friends anymore. Discord did us dirty and I am not impressed with them destroying our community instead of stepping in with the wrench we may have needed to fix things, especially after we got over 1,000 server boosts. That is pretty unethical.

To add to this, people are co-opting our name on twitter. I won't mention their accounts, but lots of handles with "wsb" and "wallstreetbets" in them are pretending to speak for us. They're saying things that we don't agree with, driving traffic to derivative communities and shitty pixelated merch stores, and generally making it harder for us to define who we are. There's also too much political bullshite in a community that was never ever political. The only way I want to occupy Wall St is in a suit myself or rent-free in the mind of a blown up short.

That is why I'm throwing my support behind the Twitter handle in general. We need a way to PUBLICLY reach out to the staff of the infrastructure that is failing us so the world can see that we aren't doing anything wrong here if they don't respond. We need to be able to respond directly to a reporter that is lying to the world about our clubhouse. We can't be expected to meet any expectations when we aren't given the tools we need.

That's not to say I approve of every message or will even be in the loop for all of them, but it's clear to me we can't do nothing and we need a megaphone.

LINK aka @wsbmod is the only Twitter handle whose statements are directly from some part of the team.

We'll do our best not to pretend to speak for you, but to try to speak with the volume our name now seems to command to get shite done for us.
This post was edited on 1/27/21 at 6:45 pm
Posted by xenythx
Member since Dec 2007
33245 posts
Posted on 1/27/21 at 6:45 pm to
It's rallied by almost 80 pts after a coordinated after-hours attack. There's some big players keeping this thing up.

Posted by shel311
McKinney, Texas
Member since Aug 2004
112624 posts
Posted on 1/27/21 at 6:47 pm to
quote:

There's some big players keeping this thing up.
Well Yea, WSB may have started the revolution but they don't have the ability to move the needle as much as it has for GME.

It's other hedge funds driving up the price at this point, I'm sure.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/27/21 at 6:49 pm to
hold the line
Posted by TigeRoots
Member since Oct 2008
8553 posts
Posted on 1/27/21 at 6:49 pm to
Yep. It’s a worldwide phenomenon at this point. I mean all the Big Tech earnings after the Bell today and all CNBC talked about all day was GME/WSB.
Posted by GAFF
Georgia
Member since Aug 2010
2708 posts
Posted on 1/27/21 at 6:49 pm to
The rebound on these dips are impressive. 30% dips aren’t touching this thing.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18371 posts
Posted on 1/27/21 at 6:49 pm to
quote:

It's other hedge funds driving up the price at this point, I'm sure.



Yup. Blood in the water
Posted by GAFF
Georgia
Member since Aug 2010
2708 posts
Posted on 1/27/21 at 6:50 pm to
If Melvin does go broke what happens to all their clients?
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18371 posts
Posted on 1/27/21 at 6:51 pm to
quote:

what happens to all their clients?


frick em
Posted by Large Farva
New Orleans
Member since Jan 2013
8689 posts
Posted on 1/27/21 at 6:53 pm to
I fricking love Dave Portnoy

Dave rant
Posted by Sgt_Lincoln_Osiris
Baton Rouge
Member since Dec 2014
1153 posts
Posted on 1/27/21 at 6:53 pm to
quote:

hold the line




Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/27/21 at 6:53 pm to
good question but your capital is locked into a hedge fund for 3 years once you join one lol

such a boomer type of system: lock your money away for 3 years to be handled by some nerdy guy with a tie and then he proceeds to get rekt by a bunch of millennial autists. brutal
Posted by Pendulum
Member since Jan 2009
7919 posts
Posted on 1/27/21 at 6:54 pm to
I just got done watching that, cracked me the fk up.

Dave Portnoy for VP
Chamath for Prez,

I know it's backwards but eh....
Posted by xenythx
Member since Dec 2007
33245 posts
Posted on 1/27/21 at 6:56 pm to
Nice. Not the biggest fan of his, but 1.9M followers is a lot of influence.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/27/21 at 6:56 pm to
potnoy bought a million in NOK today lol. that explains that big buy in the middle of the day
Posted by Large Farva
New Orleans
Member since Jan 2013
8689 posts
Posted on 1/27/21 at 6:59 pm to
Mia khalifa tweeted to buy amc and she has 3 mil followes
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