Economy stonks v13, gamestonkegeddon

[brackis1]

You've posted this same thing 4 different times now I think.

 

[Hadron90]

to be fair, they (squad) don't want to help. they want to tax the shit out of stock trades, nixing all of this/us.



...and a 1% transaction tax on securities trades.

A 1% transaction tax would be a godsend right now. The only thing keeping the GME price suppressed right now is a couple hedge funds selling it back and forth at high frequency at low prices to depress the stats. That would be impossible if they had to pay a 1% fee every time. They'd be bankrupt within an hour.

 

[PaleMoonlight]

Take out your costs basis and let the rest ride. Or hold until we reach the moon.

Ill hold for now since it’s somewhat steady. Did you take out your cost basis?

 

[rob mafia]

A 1% transaction tax would be a godsend right now.

get the fuck outta here with this bullshit. wtf? no, it wouldn't. we'd be rekt.

The only thing keeping the GME price suppressed right now is a couple hedge funds selling it back and forth at high frequency at low prices to depress the stats. That would be impossible if they had to pay a 1% fee every time. They'd be bankrupt within an hour.

i don't even know where to begin.

1. there's more to the stock market than gme
2. options trades would be totally fucked
3. theta gang is DOA
4. there would be basically no more traders (ie: wsb)

this would be the boomer world investing that you talked so much shit on. except with brutal capital gains taxes AND a percentage transaction tax... adding a lot more risk with less reward. also, the market would likely crash before it goes into effect, as everyone wants to dump to save on the tax. come on, man. THINK.

 

[Revolver]

Ill hold for now since it’s somewhat steady. Did you take out your cost basis?

naw fam. go big or go home.

 

[Deleted member 513083]

Now wallstreet is panicking when the 99% start doing what the upper 1% been doing for decades, now the system is flawed and what now.
Sweet fucking hedge fund tears, go suck a dick lmao

 

[MMAisGod]

A 1% transaction tax would be a godsend right now.

Lol you can't be serious. I get where you're coming from and all, but don't let the emotion rile you up into nonsense like this.

 

[PaleMoonlight]

naw fam. go big or go home.

I totally agree! Diamond hands.

 

[brackis1]

Now wallstreet is panicking when the 99% start doing what the upper 1% been doing for decades, now the system is flawed and what now.
Sweet fucking hedge fund tears, go suck a dick lmao

Translation: "I barely understand the casino game I started playing and now I'm yelling at the clouds because it didn't make me rich"

 

[Deleted member 513083]

Translation: "I barely understand the casino game I started playing and now I'm yelling at the clouds because it didn't make me rich"

I do understand the shorts and why it was such a huge lost.

Translation: I am a bootlicker and if you aren't you obviously are a peasant and do not know anything.

 

[K1levelgrappler]

Nothing will change until guys like this get dragged out into the street by a howling mob

 

[D3thr0n3d K1ng]

Does anyone still think Murka isn't an oligarchy after this? Lmao

 

[BIKES!]

"The name of the company, Gamestop... it's a cutting edge video game store out of the Grapevine, Texas awaiting IMMINENT patent approval on the next generation of virtual reality omni directional gaming devices that have both huge military and civilian applications now"

 

[Deleted member 513083]

Nothing will change until guys like this get dragged out into the street by a howling mob

That poor old man all the money he never got his hands dirty for now being lost, what a sad time for the frail precious upper class. Will this suffering for those helpless rich ever end?

 

[Rational Poster]

AOC and Tlaib, even Elizabeth Warren, have all been calling for the SEC to make changes



Out of likes. Well said

Seems like the outcome here is going to be a lot of people bag holding dogshit stocks and maybe some actually reasonable regulation on the shorting markets.

 

[Gas121]

Hold the line boyos.

Let these fucks suffer tommorow for the squeeze.

Once people can rebuy its going to surge. It's just a matter of time. The biggest dirtiest day in trading history. GME to moon tommorow.

 

[G-19]

trying to close my gme (short) puts is ~impossible.

Some just yelled fire in a crowded theater and there’s only one exit. I’m shocked you didn’t close them yesterday since you’re usually ahead of the crowd.

 

[White Whale]

Nothing will change until guys like this get dragged out into the street by a howling mob

Hedge fund managers don’t produce anything they literally make money off of other people’s money. No wonder Elon Musk supports the gamestonk movement he made his money building things.

 

[G-19]

i miss the days when these threads were about trades.

last week was so long ago!

It’s been entertaining but you’re right.

 

[G-19]

Take out your costs basis and let the rest ride. Or hold until we reach the moon.

Let that house money ride! It’s easy for me to say this because it isn’t my account but best of luck to all the crazy bastards on here playing fast and loose.