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1 month ago - Saturday 1/23/21 - 11:28:08 PM EST (GMT-5)
TODAY, A WAR over the value of video game retailer GameStop’s stock has caused what market guru Jim Cramer called “the squeeze of a lifetime.” Howling with glee along the way, traders on the chaotic and obscene subreddit WallStreetBets helped push GameStop’s stock price up from $20 on January 11 to $73 after traditional analysts deemed the stock a clunker.
While this isn’t the first time WallStreetBets has contributed to a surprising market shake-up, GameStop’s unlikely trip to the moon is unique in both its velocity and the allegations of harassment and hacking that accompanied it.
https://www.wired.com/story/gamesto... |
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1 month ago - Saturday 1/23/21 - 11:32:56 PM EST (GMT-5)
THIS IS PROOF OF OUR STRATEGY. BUY SHARES. BLEED THE SHORTS. drat THE INSTITUTIONS. HOLD THE LINE.
The internet is an idiot.
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1 month ago - Saturday 1/23/21 - 11:42:03 PM EST (GMT-5)
Hey at least SNL is starting to get better?
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1 month ago - Sunday 1/24/21 - 1:13:20 AM EST (GMT-5)
Caveat emptor
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20 days ago - Saturday 2/6/21 - 9:20:32 PM EST (GMT-5)
Don’t tell me you support these dipsh*ts too?
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19 days ago - Sunday 2/7/21 - 3:15:13 AM EST (GMT-5)
I support the free market. I’m against government intervention. And buying stocks is a risk.
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19 days ago - Sunday 2/7/21 - 11:18:57 AM EST (GMT-5)
There has to be regulation to avoid manipulation of the market and information about market decisions. In other words, the risk should be about the risk you take on the success of the business not a risk in the shenanigans going on wall street.
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19 days ago - Sunday 2/7/21 - 1:03:03 PM EST (GMT-5)
On Sunday 2/7/21 - 3:15:13 AM Noldor wrote:
I support the free market. I’m against government intervention. And buying stocks is a risk. |
I know that this is free market. I still think it represents an extremist perspective from the online community concerning free market trading. I think it’s just another example of an extreme and pointless action that seems to be appearing in our culture.
And doesn’t this violate free market forces? This is like a government demanding something be priced a certain way but the body deciding is this Wall Street Bets group. They’re disrespecting the science of free market forces. |
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19 days ago - Sunday 2/7/21 - 2:33:45 PM EST (GMT-5)
GameStop is an aberration. It’s extremely difficult to artificially make a stock go up. If it was that easy, they’d be doing it all the time.
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19 days ago - Sunday 2/7/21 - 2:39:54 PM EST (GMT-5)
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17 days ago - Tuesday 2/9/21 - 12:15:54 AM EST (GMT-5)
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17 days ago - Tuesday 2/9/21 - 12:16:31 AM EST (GMT-5)
Kid killed himself when the app that hosted these tradings sent him false information.
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17 days ago - Tuesday 2/9/21 - 2:04:21 PM EST (GMT-5)
I know somebody who leveraged his house and is currently DOWN $500,000 USD. He's a moron.
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