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Started By
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Why should regular people
Posted on 1/27/21 at 4:56 pm
Posted on 1/27/21 at 4:56 pm
Why should regular people care about what’s going on with GameStop.
6
Posted on 1/27/21 at 4:57 pm to JOHNNY HUNGEE
It does seem to be popping the stocks bubble that has driven our retirement accounts up.
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I still can't help but laugh my arse off. It is a big middle finger to the elites.
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I still can't help but laugh my arse off. It is a big middle finger to the elites.
This post was edited on 1/27/21 at 4:59 pm
Posted on 1/27/21 at 4:57 pm to JOHNNY HUNGEE
Because we should point and laugh at the “smartest people in the room” getting bent over by some basement dwellers.
Posted on 1/27/21 at 4:58 pm to JOHNNY HUNGEE
We shouldn't.
If you invest in stocks you actually vet, none of this affects you.
If you invest in stocks you actually vet, none of this affects you.
Posted on 1/27/21 at 5:00 pm to GhostOfFreedom
quote:
propping up stock bubble
Gamestop is around $20 billion market cap.
Apple, Amazon, etc are near $1Trillion each and are both overvalued.
$20 billion ain't shite.
Posted on 1/27/21 at 5:03 pm to Privateer 2007
I think this will cause a stock market crash Same thing happened in 32
Posted on 1/27/21 at 5:04 pm to JOHNNY HUNGEE
I can’t figure out if you are a troll or legit retarded. Possibly both.
Posted on 1/27/21 at 5:05 pm to teke184
I legit think it could cause a market meltdown
Posted on 1/27/21 at 5:07 pm to JOHNNY HUNGEE
quote:
I legit think it could cause a market meltdown
Please...that's just Biden doing some work.
Posted on 1/27/21 at 5:11 pm to JOHNNY HUNGEE
quote:
I legit think it could cause a market meltdown
How. Trillions of dollars have been created through quantitative easing. The M1 money supply has ballooned, especially in the last 10 months. Where do you think this money could possibly be parked other than the stock market. There will be some down days, but I just can't imagine a bear market with the amount of cash that has been printed in the last year.
Posted on 1/27/21 at 5:13 pm to BlackAdam
I do t what that means but will GameStop still be around in august
Posted on 1/27/21 at 5:19 pm to JOHNNY HUNGEE
GameStop stock isn’t going to trigger a market crash.
This is targeted toward a couple specific hedge fund companies.
Most of the stock market is unaffected by this.
This is targeted toward a couple specific hedge fund companies.
Most of the stock market is unaffected by this.
Posted on 1/27/21 at 5:21 pm to deltaland
But it was down 600 today it crashed today
Posted on 1/27/21 at 5:22 pm to teke184
quote:
I can’t figure out if you are a troll or legit retarded. Possibly both.
Posted on 1/27/21 at 5:27 pm to LSUROXS
I think it’s dumb thinking about the stock market
Posted on 1/27/21 at 5:29 pm to JOHNNY HUNGEE
Yes, some funds were short and lost a ton of money. Others were long. 70% of Gamestop was institutionally owned. 13% of Gamestop (GME) common was owned by Blackrock alone.
The media is portraying this as a strike against the Wallstreet elite. That's embarrassingly incomplete. It's unclear whether financial media doesn't understand the market or doesn't care about nuisance.
The media is portraying this as a strike against the Wallstreet elite. That's embarrassingly incomplete. It's unclear whether financial media doesn't understand the market or doesn't care about nuisance.
Posted on 1/27/21 at 5:35 pm to timdallinger
If someone paid 300 on GameStop now how much can they get?
Posted on 1/27/21 at 5:40 pm to JOHNNY HUNGEE
quote:
If someone paid 300 on GameStop now how much can they get?
Are you in the market at all?
Posted on 1/27/21 at 5:50 pm to JOHNNY HUNGEE
quote:
Why should regular people care about what’s going on with GameStop.
it has the potential to destabilize the public's trust that the system is secure and robust.
very similar to the way the recent election has done for our politics.
you can see how afraid they are by the drastic countermeasures taken in both cases
Posted on 1/27/21 at 5:52 pm to JOHNNY HUNGEE
It's just a good reminder that a small group of powerful wealthy people view it as their right to control everything and get really pissed off when anything interferes with that arrangement.
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