Today is the big day folks! Will retail investors get royally fucked over again, or will hedge funds go completely bankrupt when covering their shorts today?

Current stock price

Wtf is a short squeeze and when should I sell

πŸš€πŸš€πŸš€πŸš€

33 points

Chapo.Chat before $GME: YoU ClAiM tO bE a LeFtIsT yEt YoU pArTiCiPaTe In SoCiEtY

Chapo.Chat after $GME: :this: but unironically

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33 points

I made $400 in one minute and they suspended trading again lol

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31 points

Three minutes in, lol.

V stable economic system that requires it’s masters to press pause lest it fall apart

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17 points

normal economic system in a normal country

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2 points
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β€œAll brakes, no gas!”

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28 points
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It’s starting at ~$350. If you used money you shouldn’t have now would be a good time to pull out.

Otherwise if you just want to watch some hedge fund managers cry like me, pull up a chair and roast some marshmellows on the fire. :joker-dancing:

Not financial advice

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23 points
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The stock market is tanking right now. Hedge funds are withdrawing from traditional investments to cover their losses on GME.

This is only the beginning of their woes. I doubt we will see the short positions on GME go down much after today.

These hedge funds have to buy into the short squeeze we created to cover the interest on their shorts. They are still digging their own grave. They have no other choice.

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6 points
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umm… what? tanking? dude, the stock market is barely off an all time high. the whole GME thing is a couple billion. it’s great for headlines, but that barely makes a dent in the normal volume across the market as a whole.

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10 points
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600 pts off the all time high is significant, especially when this week has been the most volatile week since March. Remember that? When stocks saw their sharpest downturn in history?

The β€œGME thing” is not a β€œcouple billion.” It is, alongside the other squeezed stocks, the most traded stock this week.

Yesterday, the main clearing house which manages 95% of trades that happen in the world, suffered a liquidity crisis & nearly had to shut down all trading. That is a looming possibility through this squeeze.

GME is great for headlines. It’s clear you don’t read much more than that.

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3 points

lemme know when the market shuts down due to people using the market. I’ll be here.

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Saw an article comparing retail investor revolt to chuds storming the capitol. Media throwing everything at the wall trying to turn public opinion. Good fucking luck lol

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12 points
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They all have the same root cause. The neoliberal world order is collapsing. Everyone besides the international bourgeoisie wants to tear the system down.

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11 points

Some talking head said this back on Tuesday and that’s what convinced me to throw my fun money in. I don’t know how stocks work but I do know what it looks like when people in power are getting shit scared

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9 points

The Capitol siege and the… capital siege?

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