/r/wsb autists taking on a wallstreet hedgefund. Elon musk involved as always / wallstreetbets / gamestop - Gamergate 2: financial boogaloo

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The 8 Of Spades powiedział(a):
We're talking about a character that arrives in record in mid 15th century England. It's a hard sell to classify as American on the year alone. I'm saying that the myth of Robin Hood is fully formed in England way before the time it's popular here and while it was adopted in the US, we adopted mostly the archetype rather than the tale itself.
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What do you think are the roots of "Taxation is theft"? Robin Hood didn't steal from the wealthy and give to the poor. He stole from the government and gave people back their taxes.
 
BalthasarGelt powiedział(a):
I've yet to decide on how much I'll keep in. If it keeps at a steady 400~ until markets open I'd already be making 3.5 times the money, which means I can afford to be more bold with the amount I decide to keep. Not sure, not sure, still a bit early in the day to decide such matters. I definitely won't be going to bed at midnight like yesterday today! :sighduck:
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NO! HODL! It'll be funnier that way lol.
 
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Xarpho powiedział(a):
Bullshit. The government saved their asses in 2008, pumped money into the system in 2020 to save their asses again, and now, once the GameStop situation got serious, they went into action. If it didn't matter, then why the chair-throwing, the crying, the army of shills crying about Trump and antisemitism?

There is something about this that is shaking all of them to the core.
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Simple. They'll pay their loan another way and move on, while the HODL crew bleeds money when the stocks don't get bought and the hype dies off, hoisting the plebs by their own petard when they can't make rent on March 1st.

They aren't shaken because they'll lose money. They're shaken because the people came within a hair's breadth of the power.
 
attractive_pneumonia powiedział(a):
Look I don't mean the actual people are reasonable, I'm talking about the regulatory agencies and lawmaking around it. The people on Wall St are degenerate gamblers who fuck themselves nonstop, the legal side of it is very reasonable in giving them paths to unfuck themselves. The problem stems from Wall St digging themselves into a massive fucking hole, also the 2008 issue wasn't caused by the traders themselves, it was the rating agencies conducting absolute fraud. Had the rating agencies actually been rating shit properly the degenerate gamblers doing the trades would never have had a crash. Telling the traders that the asset was AAA when it was really a VD ridden crackwhore is what fucked everything up.
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Remember that the rating agencies couldn't have done what they did without the help of government. The 2008 crash was a bomb set by the establishment to help consolidate power when it went off.
 
I still don't understand how short selling is an actual thing.

If I had a controlling interest in a publicly traded company, why would I want to lend out shares of my stock instead of selling them outright? It doesn't make sense, unless
all these fuckers are in on it and let their friends borrow stock to short and make money for themselves before returning it to the original owner.
 
So this whole episode is Gamergate 2.0, only people are potentially losing money for the lulz?

I've never seen Wall Street so upset and confused before.

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