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

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nerdook
post Jan 28 2021, 08:24 PM

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QUOTE(ye0073 @ Jan 28 2021, 08:20 PM)
Welcome to the great reset.

Now GME premarket price already fly up to $426.
https://www.nasdaq.com/market-activity/stocks/gme/pre-market
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Selow, over $500 now
nerdook
post Jan 28 2021, 11:08 PM

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This Google Trend for 'short squeeze' is nice.

I think next 10 years nobody dare to short more than 10% of a company share anymore.

user posted image
nerdook
post Jan 28 2021, 11:08 PM

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QUOTE(empyreal @ Jan 28 2021, 11:07 PM)
Some funds would suffer losses, but funds dont all trade one way - wouldnt be surprised if some other funds are joining in to buy on a momentum play.
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Even funnier if Melvin Capital actually secretly went long already, then the wsb gang actually helping them recoup the loss.
nerdook
post Jan 29 2021, 01:42 PM

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QUOTE(OldSchoolJoke @ Jan 29 2021, 01:37 PM)
actually what does dogecoin got to do with this?
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Opportunist triggering pump and dump schemes EVERYWHERE (EVERYWHERE!) now that everyone thinks +100% a day is the minimum for "acceptable returns" due to a massive short squeeze event.

When got maximum FOMO, you try and divert as much of it to something you are holding if possible.

Silver.

Glove stocks.

Crypto (pick one of 1000 coins to pump).

Welcome to 1997!
nerdook
post Jan 29 2021, 04:06 PM

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QUOTE(Syie9^_^ @ Jan 29 2021, 04:01 PM)
can you go get Melvin Back? i`ll get you to whack him. Or you will be deep trouble.

I DD you !
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Why you Due Diligence him?
nerdook
post Jan 30 2021, 09:26 AM

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QUOTE(AllnGap @ Jan 30 2021, 08:49 AM)
hedge funds still think they are invincible

WSB reddit there 1 day added 2million ppl.
the more article they run to demonize WSD the more WSB will grow
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I posit to you that 1,990,999 of those new members are just as greedy as the hedge funds and are there to make money and enrich themselves, not to crash anything or send any message.

I support what they are doing, but I hope once they are the new elite rich they won’t end up doing the same thing or worse.
nerdook
post Jan 30 2021, 10:05 AM

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QUOTE(AllnGap @ Jan 30 2021, 09:55 AM)
thats also a good thing, it'll snowball the momentum forward
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In the future, RobinHood will get overtaken by SoFi, which has the exact same business model but is in the pocket of a different billionaire... lol

Even GME now the biggest beneficiaries are funds like Vanguard and Blackrock... same same la left pocket masuk right pocket, some crumbs fall into the laps of the peasants like us rclxm9.gif rclxm9.gif

 

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