Gamestop, Wall Street and Reddit.

[Jkmetal23]

If the internet and phone never existed, what they are pulling right now, would be closing the doors to the exchange and leaving everyday people locked outside.

Just so the Wall Street Hedge Funds can survive their short-selling bets, not go under and sink the little guy locked outside.

My brothers own their own financial firm, and they're like, this is the most gross thing they have ever witnessed.

This is corruption. Just bald-faced corruption.

Certain people are not allowed to touch the money.



'Masters of the Universe' as a phrase seems to either have gotten into people's heads or be a little more truthful than we thought.

[Nascar24]

Hopefully you all got out in time, because it looks like its headed to the bottom!

Never seen a stock fall so fast.

[AllexxisF1]

Honestly, I'm not selling my Nokia. I bet these idiots thought by literally taking away the ability of people to buy and sell that they somehow won.

I'm willing to leave my $220 in NOK alone, because honestly, I think all they did was piss people the **** off.

Let it ride.

[Nascar24]

SELL SELL SELL SELL!!!!!!

[Elysian]

Hopefully you all got out in time, because it looks like its headed to the bottom!

Never seen a stock fall so fast.

Look up the 2008 VW squeeze. It's the same.

[Elysian]

SELL SELL SELL SELL!!!!!!

No no no no. Buying more

Price is being pushed down by hedge funds trading their shorts, not by WSB selling.

[Nascar24]

This is just fun not having any stake in it.

Its swinging back up! BUY BUY BUY BUY!!!!

[Jankan]

wtf, its spiking straight up again. Should have bought at $120

[Jkmetal23]

This is just fun not having any stake in it.

Its swinging back up! BUY BUY BUY BUY!!!!

It is, in perverse way...

[Elysian]

wtf, its spiking straight up again. Should have bought at $120

I rushed to set up a Fidelity account but it had already jumped over $200 again. Still got another share.

[Jankan]

I rushed to set up a Fidelity account but it had already jumped over $200 again. Still got another share.

I say I should have bought but in reality i can't. I work for an investment bank so can't just buy shares, need to get approval even though I work in IT. Even have a fedility account already

[Jay20016]

Odd that there are suspensions in trading immediately after the Wall Street dudes get to laddering the stock...

I'm in. I'm holding. Was wanting to go in more but can't get to a spot to buy any due to these trade restrictions. They're just making is angry with blatant manipulaton, the thing they're accusing us of.

[Shapeshifter]

[Notbilly]

[Jankan]

From reddit "It’s unlikely anyone here is selling. This is a short ladder. It only looks like the stock is selling off, ini reality, it’s not. Hedge funds sell back and forth with one another at lower and lower bids in rapid succession, tricking algorithms into thinking there is a mass sell off when there actually isn’t. (They do this to scare off retail investors to engineer a sell off).

Once the attack is over, the stock will normally go back up due to its demand. Then they will rinse and repeat their attack, each time hoping to chip away more and more retail investors. Most people in here know this, so if retail investors are selling, it’s unlikely that it’s anyone at all"

So one should jump in when the prices is down

[Nascar24]

It is all going to blow up at some point. If you could have bought 2000 shares at the beginning you could have paid off all your debt

[Jay20016]

From reddit "It’s unlikely anyone here is selling. This is a short ladder. It only looks like the stock is selling off, ini reality, it’s not. Hedge funds sell back and forth with one another at lower and lower bids in rapid succession, tricking algorithms into thinking there is a mass sell off when there actually isn’t. (They do this to scare off retail investors to engineer a sell off).

Once the attack is over, the stock will normally go back up due to its demand. Then they will rinse and repeat their attack, each time hoping to chip away more and more retail investors. Most people in here know this, so if retail investors are selling, it’s unlikely that it’s anyone at all"

So one should jump in when the prices is down

They've cut us out of the ways for us to do this. Most retail brokers are only allowing you to sell your stuff, not buy.

They're trying to bait us into selling because the sky is falling. But, they misunderstand that most of us are in with the bit of money that we can lose. It isn't about the payout (which when it comes will be nice, don't get me wrong) it is about the message and how they've been able to try and rig the system against us to their benefit when they were caught nakedly short selling to the tune of 140%. They've pulled out their bazookas, tried to link the reddit page to the "Alt-Right", taken away the ability to buy the dips that they're just laddering on.... and yet, the line seems to be holding.

This is why they're doing everything they can to stop this from tanking even more funds. The $70 billion loss is from just this year alone due to shorts, not just this GameStop one mind you, but we know of at least ~$20 billion of that is in the last couple of days explicitly because of it. Those that are over leveraged on shorts are having to liquidate their portfolios which can be a reason why we're seeing some of the drops in other areas that seemingly don't have a reason.

[AllexxisF1]

They can't stop us from buying forever.

Now that AOC and even Ted Cruz are threatening to haul their asses in front of Congress, let's see how big their balls are now.

Robinhood and others are in for a ****ing rude awakening.

[Jankan]

These guys are stuck between a rock and a hard place. Funny to watch

[bill dennison]

They can't stop us from buying forever.

Now that AOC and even Ted Cruz are threatening to haul their asses in front of Congress, let's see how big their balls are now.

Robinhood and others are in for a ****ing rude awakening.

can't get more opposite

[Jkmetal23]

can't get more opposite

You **** with the money and....

[KAC]

Glad I didn’t partake. I can’t stand this crap with my money. I didn’t buy Netflix because I don’t believe in it lol.

[DaJMasta]

While the memes have been good, I think the eventual outcome of this is people better understanding the financial system and legislation to give regular folks about the same chance on the market as rich ones, so this has been a great development looking from the sidelines.

[Sasquach]

I dont understand a damn thing about how any of this works.....

[andino]

[koralis]

Wall Street should just be people investing in stocks because they believe in a company. None of this short-selling, options, non-sense.

Then they need to implement a 90 day minimum holding period before you can sell. Otherwise the same sort of **** happens, just with real shares instead of options. Not that I disagree. I'd prefer long-term-buy-and-hold to be the way things work. No day trading, definitely no AI-driven arbitrage bullshit, etc.

It won't happen, but I'd prefer stockholders to be actual OWNERS of companies rather than just betting on horses.

I write this as a preface to my following comments, lest people construe what I say as being "pro-hedgefund."

Stopping people from buying certain stocks is straight up manipulation and helps those wanting to short the stock.

Or are they stopping the reddit stock manipulators? Because that's exactly what they are.. really no different than the people they want to punish.

If tomorrow, my Mom and Dad decided to purchase these stocks, then the reddit group did a coordinated fast sale to lock in their gains, my Mom and Dad would lose a fortune. It's not JUST short sellers that are going to get burned here. The gravy train won't go on forever. At some point you're going to be hurting real people that bought into a fake stock valuation. Halting those purchases does protect people from getting onboard at the peak.

Just some food for thought.

[KAC]

[Jay20016]

Then they need to implement a 90 day minimum holding period before you can sell. Otherwise the same sort of **** happens, just with real shares instead of options. Not that I disagree. I'd prefer long-term-buy-and-hold to be the way things work. No day trading, definitely no AI-driven arbitrage bullshit, etc.

It won't happen, but I'd prefer stockholders to be actual OWNERS of companies rather than just betting on horses.

I write this as a preface to my following comments, lest people construe what I say as being "pro-hedgefund."





Or are they stopping the reddit stock manipulators? Because that's exactly what they are.. really no different than the people they want to punish.

If tomorrow, my Mom and Dad decided to purchase these stocks, then the reddit group did a coordinated fast sale to lock in their gains, my Mom and Dad would lose a fortune. It's not JUST short sellers that are going to get burned here. The gravy train won't go on forever. At some point you're going to be hurting real people that bought into a fake stock valuation. Halting those purchases does protect people from getting onboard at the peak.

Just some food for thought.

With all due respect, your food for thought is bland and under seasoned.

There is nothing wrong with Reddit buying stocks based on their discussion anymore than "real" traders doing the same over lunch or dinner. They're hitting retail investors ( mom and pops) with their concentrated effort to squeeze out their competitors. They're manipulating the market via reducing access to it so that they can cover their shorts via a collision us retail dudes could never dream of.

The hedge funds were circling GameStop because they want it to fail. They want to profit off of its death, a death that results in tens of thousands of job losses. They're profiting off American retail stores that are stuck with covid, do not try and humanize them. They're your enemy whether you want to realize it or not.

While we struggle. They prosper. They don't need you to carry water for them. Acting as their pilot fish should feel dehumanizing.

[Hapatingjaky]

Explain too me legally how the hedge funds were able too aquire 146% of GME stock too short it in the first place. This is where the collusion lies.

And then the Hedgefunds turn around and cry to the SEC that what Wallstreetbets is doing is illegal????

[clerick]

**** the hedge funds, these price fixing ***** finally got something coming to them.

[Jay20016]

Explain too me legally how the hedge funds were able too aquire 146% of GME stock too short it in the first place. This is where the collusion lies.

And then the Hedgefunds turn around and cry to the SEC that what Wallstreetbets is doing is illegal????

That is the question that everyone is asking. Their ability to short the stock for more than 40% of the available shares is legal. A bunch of random nobodies talk on a reddit forum about how this could be a way to make some money and we have to investigate!!!!!11!!!!

The whole thing is out in the open manipulation on the behalf of the Wall St. class; the little guys saw their over zealous greed and someone with an idea of how that could be exploited set out to do this for most of last year... They talk about the fundamentals of the stock not reflecting the value like that means something, meanwhile, a stock like AMD has better earnings than were expected and the stock takes a dip?

They're upset that they're losing money. They're upset that someone figured out the game. They're upset that it is out in the open how greedy and incompetent they are. Wall St. is about bluffs and bluster, nothing more. Fake it until you make it and people will give you money.... well, it is out in the open now that there is no magic sauce, these people are just gamblers in suits.... and they're pissed that if someone in their underwear can do it, why should anyone need to give them 10% of the top to do the same thing?

[bill dennison]

shorting is what should be outlawed .

[Jkmetal23]

That is the question that everyone is asking. Their ability to short the stock for more than 40% of the available shares is legal. A bunch of random nobodies talk on a reddit forum about how this could be a way to make some money and we have to investigate!!!!!11!!!!

The whole thing is out in the open manipulation on the behalf of the Wall St. class; the little guys saw their over zealous greed and someone with an idea of how that could be exploited set out to do this for most of last year... They talk about the fundamentals of the stock not reflecting the value like that means something, meanwhile, a stock like AMD has better earnings than were expected and the stock takes a dip?

They're upset that they're losing money. They're upset that someone figured out the game. They're upset that it is out in the open how greedy and incompetent they are. Wall St. is about bluffs and bluster, nothing more. Fake it until you make it and people will give you money.... well, it is out in the open now that there is no magic sauce, these people are just gamblers in suits.... and they're pissed that if someone in their underwear can do it, why should anyone need to give them 10% of the top to do the same thing?

And really, is the world really a better place without Gamestop? If it goes down, let it go on its own, not be murdered by hedge funds.

[logical]

Played the game and got burnt by some basement dwellers for 13 billion? Id be mad too but they played the game just like you and you lost.

[Jay20016]

And really, is the world really a better place without Gamestop? If it goes down, let it go on its own, not be murdered by hedge funds.

How is the world without Toys R Us? We can thank leveraged buyouts via corporate raiding for that. My nephew will never know what the lead up to Christmas was like for my brother and I when we would wander the Isles for hours finding what we wanted when we were his age.. Some suit (Bain capital) decided to buy them, saddle them with debt, and extract whatever wealth they could. This is their modus operandi. They don't care about you or I our who they hurt, the numbers and profit are all that matter, even when miniscule compared to the ripple effects.

They're shorting the GameStop stock because it is low hanging fruit, it was easy money for them. It was in such a situation that it couldn't even fight back if they wanted to, especially with covid shut downs wrecking things. But, these people on the first days of the realization back in match what was coming were hat in hand to the government to the tune of $4 trillion dollars. They got bailed out immediately while the rest of us were left to wither. The market has jumped higher than it ever was despite millions unemployed and unsure if where their next meal would come from, and these assholes want to talk about untethered from reality? Give me a ****ing break.

[0091/2]

Who here is in the game?

[Elysian]

Who here is in the game?

[Jay20016]

Who here is in the game?

Diamond hands.

[Greasy]

Guys the beautiful thing about all this. Even AOC and Ted Cruz are on the same page! I mean it was cold here today, but did hell just freeze over?

[Jay20016]

Guys the beautiful thing about all this. Even AOC and Ted Cruz are on the same page! I mean it was cold here today, but did hell just freeze over?

She's doing a Twitch stream right now about it.

The Senate is seemingly going to have a hearing on this.

They dun ****ed up.