Permanently Deleted
It’s still trading at $100. If you bought anytime before 2 weeks ago you’re still making profit.
You bought your last stonk, kid. Sorry you got mixed up in this scene. From where your posting it must seem like an 18 Dogecoin run of bad luck. Truth is…gme was rigged from the start
It’s sad for the investors who were like “I can afford my sister’s surgery now!” But for every one of those there 10,000… maybe 100K people who are like “Hold! You ret***! I love my fellow ret**** and autists.” So like. Fuck most of those people. Not all. I hope that guy got his sister the medical care needed, if that was in deed real.
I mean just looking at the trade volumes it seems pretty clear that Robinhood and other retail brokers killed it as opposed to it playing out naturally.
The WSB plan would have worked just fine according to the rules of the game, their mistake was not realizing that the rules can change at pretty much anytime.
The WSB plan would have worked just fine according to the rules of the game, their mistake was not realizing that the rules can change at pretty much anytime.
This is the funniest part to me. Like, WSB has the numbers advantage in just random people willing to play for memes, but that’s got nothing on being able to take Robinhood’s CEO out to lunch and telling them to shut down trading.
Wall Street’s a big ol’ club, and WSB wasn’t part of it.
The proffered justification is that Robinhood is on the hook to have a certain percentages of the value of the users investments off to the side in a big bucket separate from user money, and when millions of new users sign up to buy a meme stock that is growing unboundedly, having that much money in the other bucket became problematic.
I can’t believe they’ve put up actual fucking billboard ads, like this is definitely an effective way to get your message out
EDIT: I searched “billboard” on wsb and there’s heaps of them, drivers will definitely understand what the fuck they mean
Second picture from the links you posted looks like somewhere overseas, maybe the Middle East. Wonder if these guys are taking out highway billboards all over the world?
Still not sure if I see this as a populist revolt or not. I guess in some sense, since there seems some orchestration between Robin Hood day traders who understood that this vulture hedge fund Melvin Capital was going heavy and hard to short a stock (Gamestock) into oblivion.
But if people are talking about , and not accepting MSM narrative that the stock Wall St casino gambling market is some divine metric of how the whole economy is doing (instead of the fraudulent and rigged the whole thing is), how it’s really a farce of a playground for the super wealthy or those connected to some insider information/trading, then I suppose it’s just one more shot across the bow of Crony Capitalism.
Though you have to wonder how many brainwashed Get Rich Quick, American Dream™ just wish they could “play the market” too and make some fast, easy money, instead of just understanding that in a socialist system one’s desires for that kind of boondoggle could be greatly diminished by having those desperate feelings mitigated by simply being assured of having a social safety net that doesn’t let people fall through the cracks (i.e. Healthcare for all, nationalizing the energy grid, making internet access free to everyone, college tuition free, etc).
The constant conditioning of our countrymen that the ultimate goal in life is to get rich, be envied for material goods and buy a big house is a deep propaganda tactic that keeps this whole shit system afloat, in thrall to the altar of Capitalism. It’s a two-pronged punch, along with relentlessly maligning soshulism/gommunism for decade after decade after decade since the late 1800’s (or even before), that keeps us divided and conquered. The theory of American Exceptionalism, taught from the moment we arrive in kindergarten and are taught, before anything else, to repeat the words, “I pledge allegiance…,” wraps it all up nicely in the kind of fascist authoritarianism that prevails.
