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

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red4900
post Jan 28 2021, 02:29 PM

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QUOTE(rhodry @ Jan 28 2021, 01:50 PM)
Disagree with this. You all supporting this makes no sense. You support these jobless people with too much time on their hands getting a mob and messing with the market unnaturally. If it happens here then it can happen to others. Dangerous precedent to set.
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The stock market mostly operates on speculation, not real economy output. The game is shit in the first place

Elon Musk hates the game because there have been many instances of investors shorting his company, and by extension, making his business bankrupt.... For no good reason. I dont really like him too, but I acknowledge that Tesla has REAL economic and society value. And those hedge funds tried to bankrupt his company, and many other company, before they even get the time to mature, just so they can make ez pz $$$

Stocks market are rarely natural. Now they are getting beaten at their own game, and they wanna cry fader mader?? Lol

Also, I bet the majority of the big player are people like Elon who has too much money to lose, they just want to watch the hedge funds lose. Doubt they care about losing money
red4900
post Jan 28 2021, 08:37 PM

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QUOTE(ben3003 @ Jan 28 2021, 07:56 PM)
Wat if SEC started to intervene, they can stop gamestop trading activity like wat malaysia bursa did right? But maybe stopping wont be helping them anyway. becos the shorties still need to payback the borrowed fund.

Unless they close down wallstreetbets at reddit.
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What are the SEC gonna do lol

What the wsb is doing is perfectly legal

Mind you, this isn't the first time things like this happened. Similar things happened couple years back with VW and Porsche

 

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