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2 points

Am I the only one who doesn’t trust shit I see on WSB?

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5 points
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I feel like people haven’t fully digested the “counterfeit shares” theory. If the hedge funds issued counterfeit shares to short GameStop, they don’t have to cover or pay interest because there is no one to whom they need to pay interest or return the stock. And the implications of that story getting out (that there are potentially tens of thousands or even millions of counterfeit shares in the market) would be really bad. So since they don’t have to cover or pay interest, they are slowly going to bleed people off of the 🚀🚀🚀 through stories about new moves like SLV or saying “Oh the hedge funds covered all of their shorts”, and just hope that the internet has destroyed people’s attention to the point they bail out.

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2 points

It certainly sounds like something they would do.

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14 points
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8 points

Should I feel happy to understand more theory related memes than whatever that bottom image means?

Line went down, but is bad?

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4 points

bad movie

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finance

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Stock market entryism is a revisionist lie.

:stonks-up: :stonks-down: :ritzy-marx: .

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“I have, which will surprise you not a little, been speculating - partly in American funds, but more especially in English stocks, which are springing up like mushrooms this year (in furtherance of every imaginable and unimaginable joint stock enterprise), are forced up to quite an unreasonable level and then, for the most part, collapse. In this way, I have made over £400 and, now that the complexity of the political situation affords greater scope, I shall begin all over again. It’s a type of operation that makes demands on one’s time, and it’s worth while running some risk in order to relieve the enemy of his money.”

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