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 Gamers lead the way to fuck up wallstreet, Gamers did what communists failed.

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tomatotomatomy
post Jan 28 2021, 02:48 PM

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I was reading the wsb, some of them put their last few hundred dollars just to join in, really like kamekaze

Very fun to watch.

Makes me wanna buy too

This post has been edited by tomatotomatomy: Jan 28 2021, 02:49 PM
SUSAllnGap
post Jan 28 2021, 03:03 PM

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QUOTE(tomatotomatomy @ Jan 28 2021, 02:48 PM)
I was reading the wsb, some of them put their last few hundred dollars just to join in, really like kamekaze

Very fun to watch.

Makes me wanna buy too
*
i dont mind burning couple of hundred dollars.
it's a personal vendetta against these elite fuckers
SUSAllnGap
post Jan 28 2021, 03:07 PM

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QUOTE(J1g54w @ Jan 28 2021, 02:47 PM)
messing with the market unnaturally lol... while wall street does it since forever and nobody bats an eye. you know they shorted inexistent stock? they shorted 150% of the available stock, that's why it's negative float. how is that even fair or legal? but of course they call this "free market"

so it's "free market" when the rich do it, but "messing with market unnaturally" when normal people do it?
*
did some digging on Melvin hedgefund.
apparently they are very good at what they're doing, and many competitors copied their strategy,
short selling what they sold.

so this isnt just one hedge fund got burnt, it's a market leader at its segment that burnt badly.
they were very greedy because GME from $40 pushed down to $4.
yet these fuckers piled up more shorts which made them vulnerable

padan mukak greedy wolves get stampede by reddit sheeps

This post has been edited by AllnGap: Jan 28 2021, 03:07 PM
friendly_ip
post Jan 28 2021, 03:12 PM

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QUOTE(deodorant @ Jan 28 2021, 10:38 AM)
It’s a nice David and Goliath story but at the end of the day whoever went in at above $20 or whatever and doesn’t manage to exit in time will get burnt big time holding a huge flaming dead cat 😂
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Buy with the pride as gamer, war and troll against the real capitalisms world ^^
whyamiblack
post Jan 28 2021, 03:28 PM

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QUOTE(AllnGap @ Jan 28 2021, 03:03 PM)
i dont mind burning couple of hundred dollars.
it's a personal vendetta against these elite fuckers
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Pretty much. It's literally "fuck you" money.

I hope it bleeds all the way to those responsible for 1997.
HolyValkyrie
post Jan 28 2021, 03:28 PM

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Don't know why some /ktards still talking about gamers losing.

From my understanding, while winning is a plus majority doesn't care anymore and want these hedge funds burn to the ground.

Unlike MY, they have many kinds of aids even if they lost. I suspect there'll be another mass protest if government step in to help these hedge funds.
ben3003
post Jan 28 2021, 03:31 PM

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maybe tis is a flashpoint trigger for financial meltdown. cos institution see that they can be easily defeated by bunch of retailers grouping together. then everyone scare and pull money out or watever the shit.
ReoAyanami
post Jan 28 2021, 03:33 PM

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QUOTE(ben3003 @ Jan 28 2021, 03:31 PM)
maybe tis is a flashpoint trigger for financial meltdown. cos institution see that they can be easily defeated by bunch of retailers grouping together. then everyone scare and pull money out or watever the shit.
*
Wall Street lost 8 trillion dollars during the subprime mortgage crisis and they didn't change. What makes you think that losing 20 billion will affect anything? Even occupy wall street failed so I don't see them scared of the public either.

This post has been edited by ReoAyanami: Jan 28 2021, 03:34 PM
tkh_1001
post Jan 28 2021, 03:35 PM

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QUOTE(AllnGap @ Jan 28 2021, 03:07 PM)
did some digging on Melvin hedgefund.
apparently they are very good at what they're doing, and many competitors copied their strategy,
short selling what they sold.

so this isnt just one hedge fund got burnt, it's a market leader at its segment that burnt badly.
they were very greedy because GME from $40 pushed down to $4.
yet these fuckers piled up more shorts which made them vulnerable

padan mukak greedy wolves get stampede by reddit sheeps
*
curious, how the shorter push the price down? they just short saja apa?
pisces88
post Jan 28 2021, 03:37 PM

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QUOTE(xenogearz88 @ Jan 28 2021, 09:57 AM)
Wall street elite investors wanna fuck up GameStop for shits and profit.

Reddit gamers caught wind of it and fucks up wall street investors at their own game

Said investors are going bankrupt in just two days thanks to gamers messing with stock market

Now rich elites are crying "MUH ECONOMY, MY MILLIONS! ".
*
I duno how the gamers have more money to push the stock up compare to hedge funds to push the stock down.. whats up actually?
whyamiblack
post Jan 28 2021, 03:38 PM

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QUOTE(tkh_1001 @ Jan 28 2021, 03:35 PM)
curious, how the shorter push the price down? they just short saja apa?
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You can google or youtube this.

When you short, you borrow. When you short more than available, it makes it seems there's more share than available (artificial dilution). When there's more than available, it drives the price down. Basically manipulation.

This post has been edited by whyamiblack: Jan 28 2021, 03:39 PM
ben3003
post Jan 28 2021, 03:38 PM

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QUOTE(ReoAyanami @ Jan 28 2021, 03:33 PM)
Wall Street lost 8 trillion dollars during the subprime mortgage crisis and they didn't change. What makes you think that losing 20 billion will affect anything? Even occupy wall street failed so I don't see them scared of the public either.
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lol so the fight go on? if like tat tonite i switch my fund to GME and AMC sweat.gif
Mikeshashimi
post Jan 28 2021, 03:39 PM

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QUOTE(pisces88 @ Jan 28 2021, 03:37 PM)
I duno how the gamers have more money to push the stock up compare to hedge funds to push the stock down.. whats up actually?
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Simple.

Retail investors have no DUTY to be careful with their investments.

Hedge funds cannot just simply sell (or short) the market and hope it will work out. Or even "short-out" the buyers.

They're all regulated.

Whereas retails investors, can simply buy saja with only personal repercussions.
Icehart
post Jan 28 2021, 03:40 PM

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QUOTE(aspartame @ Jan 28 2021, 01:47 PM)
Go check how much Black Rock makes from Games Stop shares... then tell me who game who? Those retailers getting played out by pros still think they winning... lol.. thanks to Wall Street reporting stroking their egos...

No doubt some small timer hedge funds are getting burnt ...but the biggest whale raking in billions
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No surprise if these hedge funds short selling while covering with call options biggrin.gif
Average WSB retards don't know they are getting played.

But still, a good popcorn moment. I join in for the fun with $200. biggrin.gif
pisces88
post Jan 28 2021, 03:40 PM

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QUOTE(Mikeshashimi @ Jan 28 2021, 03:39 PM)
Simple.

Retail investors have no DUTY to be careful with their investments.

Hedge funds cannot just simply sell (or short) the market and hope it will work out. Or even "short-out" the buyers.

They're all regulated.

Whereas retails investors, can simply buy saja with only personal repercussions.
*
Really madnes.. suddenly hundreds n thousands of millionaires born overnight i guess
J1g54w
post Jan 28 2021, 03:40 PM

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QUOTE(AllnGap @ Jan 28 2021, 03:07 PM)
did some digging on Melvin hedgefund.
apparently they are very good at what they're doing, and many competitors copied their strategy,
short selling what they sold.

so this isnt just one hedge fund got burnt, it's a market leader at its segment that burnt badly.
they were very greedy because GME from $40 pushed down to $4.
yet these fuckers piled up more shorts which made them vulnerable

padan mukak greedy wolves get stampede by reddit sheeps
*
at the end of the day it's the greed that got them. can't blame anyone but themselves. stock market is not guaranteed profit and they possibly over-leveraged, throwing risk management down the drain. didn't expect "reddit traders to gang up" is a shitty excuse for their failure from greediness lel. if normal traders get rekt because of greediness, thousands of people shit on them.
Mikeshashimi
post Jan 28 2021, 03:43 PM

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QUOTE(pisces88 @ Jan 28 2021, 03:40 PM)
Really madnes.. suddenly hundreds n thousands of millionaires born overnight i guess
*
Also most buy / long options.

Options are like warrants so they are more sensitive to price changes of the underlying asset.

So example - if the asset goes up by 30-50%, the call option/warrant can go up by 400-500%

There's a math to it, but I dont know because it's confusing af
SUSEnterYourName
post Jan 28 2021, 03:43 PM

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it's not about money, it's about sending a message
Syie9^_^
post Jan 28 2021, 03:45 PM

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QUOTE(Steponlego @ Jan 28 2021, 03:52 PM)
never start a war with people who have literally nothing more to lose.

if their government didn't step in, it will rope more banks/institution into the whole mess, which will be a real sight to behold.
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user posted image

user posted image
Icehart
post Jan 28 2021, 03:46 PM

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QUOTE(Mikeshashimi @ Jan 28 2021, 03:43 PM)
Also most buy / long options.

Options are like warrants so they are more sensitive to price changes of the underlying asset.

So example - if the asset goes up by 30-50%, the call option/warrant can go up by 400-500%

There's a math to it, but I dont know because it's confusing af
*
https://www.optionsprofitcalculator.com/

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