The Gamestop Stock Market Boogaloo

[No State Here]

#FUCKROBINHOOD
ALL MY HOMIES HATE ROBINHOOD

What Robinhood is doing is definitely illegal as well

If you have money in the game, you can file a complaint here

This morning I, and millions of other retail investors, were blocked from purchasing (entering new buy orders) on the Robinhood platform, without notice. This clear example of market manipulation has forced the stock down from over $500 in after-hours to less than $300 as of this writing. Meanwhile, hedge fund interests are NOT blocked from buying the shares being traded and the lower price obviously benefits them.

We retail investors have followed all the rules and finally stood to gain a LITTLE bit from Wall St and they suddenly change the rules "to protect" us. I am requesting you use your subpoena power and regulatory authority to examine whether Robinhood colluded illegally with any other actors who may have held short positions on these stocks to reduce the number of buyers for $GME and therefore deflate the price. This is market manipulation.

[Galloism]

Oh there we go, it's all those ebil Gamergators fault!

If nothing else, this should show how empty and vapid these labels journos insist on applying.

Turns out if just out and out smearing works, people will use smears to hurt the little guy to protect the hand that feeds them.

Whodathunk it.

[Borderlands of Rojava]

Wall Street Journal dips their toe in on the "white supremacist investors" angle

First, there were the potential legal issues. As WallStreetBets grew, it faced accusations—often lodged by angry short sellers—of market manipulation. Moderators urged users not to make posts “for the purpose of instigating or coordinating a group effort to move the market for a security.” But that didn’t silence the community’s critics.

Then there was the hate speech. Last year, Mr. Rogozinski decided to do some housekeeping and scrub some of the more distasteful content being shared in the community. In an off-Reddit chat room associated with WallStreetBets, he found language rife with obscenity, racism and antigay views that moderators let stand.

“There were a handful of mods who were straight up white supremacists,” he said. As a Jewish man married to a Mexican woman, he found it impossible to stomach.

“I have really thick skin and people can say whatever they want to me, but at some point there’s a moral standpoint—like with my kids, I don’t want them to think, ‘Well, they can say whatever they want about you,’” he said.

Mr. Rogozinski wound up deleting the private chat room hosted on Discord where the offensive messages were exchanged. He also removed some of the moderators. The backlash was swift: Enough users chafed at his actions—along with his promoting a book based on WallStreetBets, as well as an esports-style trading competition under the WallStreetBets name—that he was booted out by other moderators. He hasn’t moderated the community since April.

Anything to demonize these heroes of our time. Stop trying to drag minorities into this WSJ, cause 90% of them just hate you and your ilk.

[Borderlands of Rojava]

Oh there we go, it's all those ebil Gamergators fault!

If nothing else, this should show how empty and vapid these labels journos insist on applying.

Hedgefund managers are victims now apparently. And here we see the SJW out themselves as a corporate pawn.

[Cannot think of a name]

Oh there we go, it's all those ebil Gamergators fault!

If nothing else, this should show how empty and vapid these labels journos insist on applying.

Hedgefund managers are victims now apparently. And here we see the SJW out themselves as a corporate pawn.

That...what?

It's like you guys saw someone making a leap and went, "I can beat that!"

[Borderlands of Rojava]

Hedgefund managers are victims now apparently. And here we see the SJW out themselves as a corporate pawn.

That...what?

It's like you guys saw someone making a leap and went, "I can beat that!"

Molly Wood: You know, this has, in a weird way, shades of GamerGate. We’ve seen hedge fund managers get doxxed, there’s this kind of harassment campaign that seems to be accompanying some of this. And I wonder, where’s the mob going to go next, and is that a question we should be asking?

Idk man I'm taking a baby step here. Definitely not a leap.

[Valrifell]

Oh there we go, it's all those ebil Gamergators fault!

If nothing else, this should show how empty and vapid these labels journos insist on applying.

Hedgefund managers are victims now apparently. And here we see the SJW out themselves as a corporate pawn.

I don't think your typical correspondent for a financial news org fits your traditional definition of SJW.

[Cannot think of a name]

That...what?

It's like you guys saw someone making a leap and went, "I can beat that!"

Molly Wood: You know, this has, in a weird way, shades of GamerGate. We’ve seen hedge fund managers get doxxed, there’s this kind of harassment campaign that seems to be accompanying some of this. And I wonder, where’s the mob going to go next, and is that a question we should be asking?

Idk man I'm taking a baby step here. Definitely not a leap.

Sure dude.

[Scandinavian Federated Alliance]

https://twitter.com/Tori_Bedford/status ... 42304?s=19

NPR really defending those poor hedgies

[Tsarus]

All the sudden I love capitalism. Lol.

But I'm curious about their (or the people who are against this) perspective.

[No State Here]

If you have money in the market through robinhood, you can also file a complaint through FINRA here for market manipulation

[Ethel mermania]

SHORT STOCK DOES NOT HAVE AN EXPIRATION DATE. DO NOT FALL FOR MISINFO SPREAD BY HEDGE FUNDS

Shorts are done with options. Its the margin call that kills you.

Short v put on investopedia does a nice job explaining it.

[Ethel mermania]

Maybe, the fundamentals don't favor gamestop. They are dying a slow death. If you could take a short position on a 6 month contract without risking a margin call, it would be a reasonable bet. But those pesky calls can be very expensive when an option for 10,000 shares goes from 4.00 to 130.00 a share

$350/share currently.

I have no doubt Gamestop will come crashing down. But in the meantime, they need the shares to fulfill their shorts and nobody is selling. They got greedy and stupid by shorting the stock as far as they did. No sane person would look at a stock shorted as far as Gamestop was and figure it was anything but an fool's bet.

I have two words to respond to you.


TEE HEE

[Scandinavian Federated Alliance]

Reminder these fuckers know they will lose money, that’s kinda the point of WSB, it’s putting 57k into GameStop on a meme and making 50m. It’s also putting 20k in a day late and making 1m and loosing it all on radish futures. Some will make bank, some will lose, some even may lose it all, however the hedges will lose more and that’s the point. There is no organized exit strategy for most people, they are there to be part of history and post loss porn after

[Cultural Posadism]

Anybody who sees the desperate corporate media backlash against this and thinks "oh, this validates all of my hysterical years-long disdain towards SJWs" should be force-fed leftist literature on mass media for a month.

[Scandinavian Federated Alliance]

Anybody who sees the desperate corporate media backlash against this and thinks "oh, this validates all of my hysterical years-long disdain towards SJWs" should be force-fed leftist literature on mass media for a month.

It’s more of this validates my belief that social movements are weapons wielded by those in power who wear the monthly mask to garner solidarity as a means to garner support when under assault by the masses, rather then out of any good intentions of changing the world

[Valrifell]

Anybody who sees the desperate corporate media backlash against this and thinks "oh, this validates all of my hysterical years-long disdain towards SJWs" should be force-fed leftist literature on mass media for a month.

It’s more of this validates my belief that social movements are weapons wielded by those in power who wear the monthly mask to garner solidarity as a means to garner support when under assault by the masses, rather then out of any good intentions of changing the world

That corporations have co-opted some language and imagery of popular social movements, does not retroactively make said movements astroturfed or weapons of the wealthy.

[Scandinavian Federated Alliance]

It’s more of this validates my belief that social movements are weapons wielded by those in power who wear the monthly mask to garner solidarity as a means to garner support when under assault by the masses, rather then out of any good intentions of changing the world

That corporations have co-opted some language and imagery of popular social movements, does not retroactively make said movements astroturfed or weapons of the wealthy.

No, but they are trying to. Same way the ok sign was made retroactively racist

[Cultural Posadism]

Anybody who sees the desperate corporate media backlash against this and thinks "oh, this validates all of my hysterical years-long disdain towards SJWs" should be force-fed leftist literature on mass media for a month.

It’s more of this validates my belief that social movements are weapons wielded by those in power who wear the monthly mask to garner solidarity as a means to garner support when under assault by the masses, rather then out of any good intentions of changing the world

I think that's overly simplistic and uncharitable towards social movements.

The hegemony assimilates its own resistances. This is not news. Marxist academics have known this for a while. This is not unique to, say, BLM or the LGBT rights movement, nor does it make those movements less genuine or transformative in and of themselves. To think otherwise is to be the worst kind of leftist: the kind of leftist who doesn't understand their own academic and political heritage.

[United Chinese Communes]

That...what?

It's like you guys saw someone making a leap and went, "I can beat that!"

Molly Wood: You know, this has, in a weird way, shades of GamerGate. We’ve seen hedge fund managers get doxxed, there’s this kind of harassment campaign that seems to be accompanying some of this. And I wonder, where’s the mob going to go next, and is that a question we should be asking?

Idk man I'm taking a baby step here. Definitely not a leap.

I doubt these people are what would generally be considered 'SJWs'. Far more likely that it's just the corporate media sockpuppet spewing any lines they think will make people rally against this movement.

[Scandinavian Federated Alliance]

It’s more of this validates my belief that social movements are weapons wielded by those in power who wear the monthly mask to garner solidarity as a means to garner support when under assault by the masses, rather then out of any good intentions of changing the world

I think that's overly simplistic and uncharitable towards social movements.

The hegemony assimilates its own resistances. This is not news. Marxist academics have known this for a while. This is not unique to, say, BLM or the LGBT rights movement, nor does it make those movements less genuine or transformative in and of themselves. To think otherwise is to be the worst kind of leftist: the kind of leftist who doesn't understand their own academic and political heritage.

I’m on a phone I can’t write out a proper good take, so it was inelequent and simplistic I.e a bad take

[Cultural Posadism]

That corporations have co-opted some language and imagery of popular social movements, does not retroactively make said movements astroturfed or weapons of the wealthy.

No, but they are trying to. Same way the ok sign was made retroactively racist

That's a bad example, though. Mainstream media didn't spontaneously decide that the ok sign was racist, ex nihilo, unprompted. Mainstream media reproduced that notion because /pol/ and other such extremely online garbage made it a semi-ironic thing in the first place, and then it bled into real-life use by actual real-life racists.

[Cultural Posadism]

I think that's overly simplistic and uncharitable towards social movements.

The hegemony assimilates its own resistances. This is not news. Marxist academics have known this for a while. This is not unique to, say, BLM or the LGBT rights movement, nor does it make those movements less genuine or transformative in and of themselves. To think otherwise is to be the worst kind of leftist: the kind of leftist who doesn't understand their own academic and political heritage.

I’m on a phone I can’t write out a proper good take, so it was inelequent and simplistic I.e a bad take

Been there.

[No State Here]

SHORT STOCK DOES NOT HAVE AN EXPIRATION DATE. DO NOT FALL FOR MISINFO SPREAD BY HEDGE FUNDS

Shorts are done with options. Its the margin call that kills you.

Short v put on investopedia does a nice job explaining it.

Hedgies are spreading misinformation that the stocks will go worthless on Friday or something, and some people are falling for it

[Cultural Posadism]

Shorts are done with options. Its the margin call that kills you.

Short v put on investopedia does a nice job explaining it.

Hedgies are spreading misinformation that the stocks will go worthless on Friday or something, and some people are falling for it