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Economy stonks v13, gamestonkegeddon

skysolo said:
Justin Jackson has been on it lately.

We all know that our congress and president are going to bend themselves over backwards to bailout their corporate friends.

Which will pass first, help for wall street or $2000?



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We probably aren't getting those $1400 checks now. That money is going to Melvin instead.
 
FCAC saving my spacs from getting slaughtered.
All the spacs are getting CRUSHED and I'm getting from cheap shares :)
 
brackis1 said:
Yeah just like if everyone bought 2 houses with no down payment in 2007 it was gonna create new wealth by allowing people to become landlords AND homeowners -_-
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WallStreet is the guy buying 2 houses in your analogy this time. People buying GameStop stock aren't going to into debt for it. Their max risk is simply their investment. Its Wallstreet that exposed themselves to infinite risk trades and are fucked.
 
Posted this in the old thread:

I have no knowledge in the stock market so I tried to read up on what's going to be able to understand it. I think I have a slight understanding of shorting stocks and why these hedge funds lose more the higher GME goes. I do have a few questions; what stops them for shorting it again when they think GME has peaked?

Also, as their initial shorts fail as the stock rises, what mechanism is there that forces them to pay back that money?
 
Hadron90 said:
WallStreet is the guy buying 2 houses in your analogy this time. People buying GameStop stock aren't going to into debt for it. Their max risk is simply their investment. Its Wallstreet that exposed themselves to infinite risk trades and are fucked.
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the real problem here is ignorance on the part of the retail investor.

over time, theyre going to lose it all if they dont learn a lesson. people are still putting their money in GME as we speak.

there needs to be an education process.
 
Final Say said:
the real problem here is ignorance on the part of the retail investor.

over time, theyre going to lose it all if they dont learn a lesson. people are still putting their money in GME as we speak.

there needs to be an education process.
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this IS an education process.
 
Final Say said:
the real problem here is ignorance on the part of the retail investor.

over time, theyre going to lose it all if they dont learn a lesson. people are still putting their money in GME as we speak.

there needs to be an education process.
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Why would the people making +3000% gains need an education process? The ignorance was on the part of the hedge funds illegally trading naked shorts.
 
rob mafia said:
this IS an education process.
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when youre right, youre right. i just meant going forward because a lot of people are going to lose all the profit they made.
Hadron90 said:
Why would the people making +3000% gains need an education process? The ignorance was on the part of the hedge funds illegally trading naked shorts.
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as above, that profit is going to be gone quick if these novice traders get cocky. which they will.

honestly im just speculating and looking to the future. overall, this ha sbeen a beautiful thing and i have loved it very much lol.
 
Final Say said:
when youre right, youre right. i just meant going forward because a lot of people are going to lose all the profit they made.

as above, that profit is going to be gone quick if these novice traders get cocky. which they will.

honestly im just speculating and looking to the future. overall, this ha sbeen a beautiful thing and i have loved it very much lol.
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live by the sword, die by the sword. they know the risks.
 
rob mafia said:
live by the sword, die by the sword. they know the risks.
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you know, as someone who jumped into this face first and put my balls on the table... made a lot, then lost most of his profit before slowly gaining it all back, this hit close to home.

maybe i just have a soft spot for my fellow noobs with less experience in big wins and losses than i have. its a rough path if you arent committed. god speed lol
 
Hadron90 said:
Why would the people making +3000% gains need an education process? The ignorance was on the part of the hedge funds illegally trading naked shorts.
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Weren't they shorting like 200% of the stock that actually exists out there?
 
Final Say said:
the real problem here is ignorance on the part of the retail investor.

over time, theyre going to lose it all if they dont learn a lesson. people are still putting their money in GME as we speak.

there needs to be an education process.
Click to expand...
Over time? Most of the redditors on GME won't open robinhood again after this. The rest of WSB already know the risks.
 
Gas121 said:
You know the game is rigged against you when the powers that be are calling for halt in the stock market.

Fuck them all, they know what there doing and there getting a taste of their own medicine.
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the beautiful thing is they can only do so much. the prices are going to move regardless. it got halted on crazy volume but they cannot shut down the market, the money is a tidal wave they cant stop.
 
D 1 Wrestler said:
Over time? Most of the redditors on GME won't open robinhood again after this. The rest of WSB already know the risks.
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id like to think more highly of people but god damn if you arent right about that.
 
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