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To: Political Junkie Too

Gill looked at the fundamentals of GME and implored people to BUY based on those fundamentals. Like any good shareholder (not a journalist), Gill was doing DD and sharing it with his very small audience. WSB ended up growing as attention was focused on what was happening with GME.

To compare a shareholder that bought and painted the picture of what others should, compared to some fake rag that gets paid by DJT’s enemies to short the stock, is quite narrow minded.


60 posted on 04/12/2024 12:09:12 PM PDT by spacejunkie2001
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To: spacejunkie2001
is quite narrow minded

I don't think so. I see a similarity in it.

With Trump, his enemies are trying to bankrupt the stock because they hate Trump.

With Gamestop, the Reddits were gleefully trying to bankrupt the hedge funds that they thought were predatorially shorting stocks like Gamestop.

IIRC, the big hedge funds were accused shorting troubled stocks and then talking down those companies in the financial media, and then buying back the shorts when the stock price eventually collapsed. Apparently, this angered the subreddit readers and they finally had enough when the hedge funds turned their sights on Gamestop.

So, in both cases we had a set of investors who used their stock purchasing powers to take out a set of others that they disliked. In one corner was billionaire Donald Trump, and in the other corner were liberal billionaire hedge fund owners.

-PJ

65 posted on 04/12/2024 12:28:22 PM PDT by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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