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re: Can someone explain this Gamestop stuff to me like I’m a teenaged Maxine Waters?

Posted on 1/27/21 at 4:07 pm to
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28872 posts
Posted on 1/27/21 at 4:07 pm to
quote:

They shorted over 1.7M shares at below $40 per share



my bad. i'll correct my post. was just going for a general explanation.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 1/27/21 at 4:08 pm to
So what’s the total damage?
Posted by Malik Agar
Member since Nov 2012
12076 posts
Posted on 1/27/21 at 4:09 pm to
quote:

guarantee you the SEC steps in and rules that they don't have to pay in back. It is ok for them to frick you but its not ok for you to frick back.

They deserve to be put in a guillotine if that happens
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28872 posts
Posted on 1/27/21 at 4:11 pm to
quote:

So what’s the total damage?



Posted by Ailsa
Member since May 2020
3563 posts
Posted on 1/27/21 at 4:12 pm to
This is getting interesting.

Facebook board authorizes $25 billion share buyback program

https://www.thewrap.com/facebook-fourth-quarter-earnings/
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28872 posts
Posted on 1/27/21 at 4:12 pm to
quote:

guarantee you the SEC steps in and rules that they don't have to pay in back. It is ok for them to frick you but its not ok for you to frick back.

They deserve to be put in a guillotine if that happens



were you born in 2009?
Posted by DingLeeBerry
Member since Oct 2014
10895 posts
Posted on 1/27/21 at 4:14 pm to
quote:

I’m interested to know where Nazis come in.


Posted by JABRO
Honolulu
Member since Mar 2006
180 posts
Posted on 1/27/21 at 4:15 pm to
Explained by a pro... not to belittle any prior PT explanations

Money for the Rest of Us Podcast
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 1/27/21 at 4:16 pm to
So Facebook is worried?
Posted by Malik Agar
Member since Nov 2012
12076 posts
Posted on 1/27/21 at 4:16 pm to
No they deserved it too. It's complete shite that they can freely gamble and rely on us to bail them out when they lose.
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28872 posts
Posted on 1/27/21 at 4:18 pm to
quote:

No they deserved it too. It's complete shite that they can freely gamble and rely on us to bail them out when they lose.



oh no. i agree with you completely. i'm just saying if you think the government is going to let them hang themselves, you're going to be disappointed.
Posted by JOHNNY HUNGEE
Member since Jan 2021
129 posts
Posted on 1/27/21 at 4:19 pm to
Is this illegal?
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28872 posts
Posted on 1/27/21 at 4:19 pm to
quote:

Is this illegal?




it's gonna be.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 1/27/21 at 4:19 pm to
Nah
Posted by JG77056
Vegas baby, Vegas
Member since Sep 2010
12061 posts
Posted on 1/27/21 at 4:20 pm to
It’s basically the plot to Trading Places except a bunch of Reddit nerds play the part of Dan Aykroyd and Eddie Murphy
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422393 posts
Posted on 1/27/21 at 4:21 pm to
quote:

Is this illegal?


Posted by Bobby OG Johnson
Member since Apr 2015
24771 posts
Posted on 1/27/21 at 4:23 pm to
Posted by geaux88
Northshore, LA
Member since Oct 2003
16355 posts
Posted on 1/27/21 at 4:24 pm to
quote:

explain stuff to me like I’m a teenaged Maxine Waters?


"No, Maxine, you cannot buy dem berled or fried scrimps wit yo EBT card."

Posted by JABRO
Honolulu
Member since Mar 2006
180 posts
Posted on 1/27/21 at 4:24 pm to
Posted by JOHNNY HUNGEE
Member since Jan 2021
129 posts
Posted on 1/27/21 at 4:25 pm to
Why does it matter if you have to pay 900 and not 1,000. It’s still expensive
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