Posted on 01/27/2021 6:50:03 PM PST by SeekAndFind
this is just a shot across their bow. And they know it! The fact is that 74 million dissatisfied people in a population of 330 million can and will cause one very big problem. This isn’t over! No matter what they do now!
there is an easy test. Look at who is complaining. At the moment it is our enemies who are complaining. That is a GOOD thing!
Btt
Fail? Only if their goal is to make money. If the goal is to express their anger at the predators who destroy companies, destroy the hedge fund shorting crew, and throw them billions into debt, it will be wildly successful.
” The company will never have that value so the people that drove up the price will get stuck with the bill when the price crashes.”
And the predatory hedge fund will be destroyed. The reddit kids love game stop. They aren’t investing a few hundred bucks each. They are -spending- it to destroy an evil entity. This is basically them marching through the rotunda.
It’s extra fun for them because they know they utterly blindsided the hedge fund by doing what no professional investor would do. They hope Andrew Left pops a critical vessel and they terrify the 1%ers.
Tis a revolt.
Hopefully gamestop will share in come of this windfall and be able to survive.
Are to explain who they borrow govt money from?
Interest free
bailouts.
I will enjoy if their gambling wipes out the firms that have no problem destroying economies and companies. Especially when they are all tied to politically connected vermin destroying our nation.
The ones that make significant money on their trade will probably become a little more conservative when they see how much they have to pay in regular income taxes on their short term capital gains.
Yep. If they reverse that, every investor on the planet should sell.
The "I don't care if I lose it all" attitude (as I am learning the lingo from the Reddit site) you have officially joined the ranks of the YOLO (You Only Live Once) traders.
I unfortunately don't have a lot of disposable cash and I missed the Tesla play, found out about Game Stop play too late to leverage a bet with options and just bought a couple of shares to say I did it too.
But this is the most fun the Market has been in a long time. I moved all my 401k funds to cash a couple of weeks ago as a protest to the elites in Silicone Valley. They forget the little guy can vote with his/her money and if you pick on us too much we will walk away.
Funny thing is you would think these big hedge fund guys would have taken heed of what Jim Cramer says almost every show: "Bulls make money, Bears make money, Pigs get slaughtered!". The hedge funds pigged out trying to suck the blood out of Game Stop and now they are paying the price. Couldn't happen to a nicer bunch. Karma's a B-tch! The Schadenfreude is irresistable!
Bkmk
Sounds like fractional reserve banking.
Court will just say “No standing “ and ignore it. No judge will make the Hedge funds mad, to much money
Shades of the guy just arrested for that 2016 meme.
The new standard: It's a crime if Deep State says it is.
That is all.
Thurston, pull the silver spoon out of your a$$.
It is NOT the job of Congress, regulators, or the markets to protect hedge fund managers or banks from bad investment stratgies. A free market will correct that behaviour on its own.
“Thurston, pull the silver spoon out of your a$$.”
No silver spoons left. Only have solid gold ones left. They work work great for eating caviar in the limo.
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