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Cobalt-60 posted:I wonder what this will go into the economics textbooks as. A non-violent rebellion.  It's not a pump and dump, since the growth is literally speculation that it will go up (albeit with the original instigator giving well reasoned arguments for Gamestop being highly undervalued), and not based on false information. It's not insider trading, as the reddit and discord are public, the release of next gen consoles was known over a year in advance, and with no outstanding debt, Gamestop's survival into the new year was a given, even with many physical locations being closed. It's not harassment, as you can't target specific hedgefunds' short positions, merely go long against all of them. Mister Facetious fucked around with this message at 05:41 on Jan 28, 2021 |
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Jan 28, 2021 05:39
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 Endorph posted:it made two extremely rich guys lose money and be embarrassed so itll be illegal somehow "Domestic terrorism" * jazz hands * "Conspiracy to introduce Communist/Socialist/Democratic practices to Capitalism" 
Mister Facetious fucked around with this message at 05:51 on Jan 28, 2021 |
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Jan 28, 2021 05:49
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rich man slightly less rich, throws tantrum
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Jan 28, 2021 20:08
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If you go long, the worst the stock can do is go to zero. If you go short, it's entirely possible for a stock to rise far, far beyond the price you borrowed it at, for longer than your borrowing period.
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Jan 28, 2021 21:24
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https://twitter.com/wyatt_privilege/status/1354889296721936411?s=20
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Jan 28, 2021 22:18
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So, which side do ya'll think will shout, "Stop the steal!" first? 
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Jan 28, 2021 23:46
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Flannelette posted:no one will use their app again. Funny you should mention that...  https://twitter.com/verge/status/1354949524700205066?s=20
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Jan 29, 2021 04:00
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Mordja posted:You mean the tech industry is just one big incestuous circlejerk? Say it ain't so! "Pull the one star reviews on the app, or all Citadel subsidiaries stop advertising with you and go to Amazon," 
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Jan 29, 2021 04:44
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“If you killed Ted Cruz on the floor of the Senate, and the trial was in the Senate, nobody would convict you,” - Lindsay Graham
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Jan 29, 2021 05:14
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Just lol if anyone thinks Elon manages his own money beyond handing it to a dozen banks/hedgefunds and saying, "Make me richer,"
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Feb 3, 2021 00:49
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Detective No. 27 posted:Bitcoin can't collapse! "The Price of Bitcoin is Crashing HARD!" is my all-time favorite GBS thread title, because every time I saw it I imagined it was happening at that very moment.
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Feb 9, 2021 00:57
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