The Gamestop Stock Market Boogaloo

[Kowani]

So it turns out Treasury Sec. Janet Yellen received $800,000 in speaking fees from Citadel

[The Two Jerseys]

So it turns out Treasury Sec. Janet Yellen received $800,000 in speaking fees from Citadel

I'm shocked.

[Galloism]

So it turns out Treasury Sec. Janet Yellen received $800,000 in speaking fees from Citadel

I'm shocked.

[The Two Jerseys]

I'm shocked.

And like Louis, we're getting our winnings!

[Dresderstan]

Occupy Wall Street 2.0 back in effect, thanks Robinhood

[Echo Chamber Thought Police]

Occupy Wall Street 2.0 back in effect, thanks Robinhood

Good

[Kowani]

[No State Here]

Occupy Wall Street 2.0 back in effect, thanks Robinhood

Unfortunately many of these physical protests will likely be put down by De Blasio to not piss off his sugar daddies contain the spread of coronavirus

[The Snazzylands]

And, more crying.

(Image)
https://www.marketwatch.com/story/an-op ... 1611871658

The people who write articles like these are the reason we need to bring back "Okay Boomer." They're trying so hard to push the narrative that some young independent investors are the reckless gamblers, meanwhile this whole situation only happened because several hedge fund managers bet EVERYTHING they had on GME shorts and thought nobody would notice.

For myself and almost all other GME holders I've talked to, it's only a small percentage of our portfolios. If anything, the institutional investors are the ones gambling away their life's savings here. But it's way worse than that because when they make fuck-ups this big, their companies and all their clients go down with them. These people MUST have known how risky this strategy was, and that they should never risk more money than they can afford to lose. But they did it anyway, and they lost, and for some reason that's someone else's fault. Ridiculous.

[Ethel mermania]

(Image)
(Image)

Matt cartwright? Daniel Webster? What the hell is this an episode of Bonanza?

[Albrenia]

Occupy Wall Street 2.0 back in effect, thanks Robinhood

Unfortunately many of these physical protests will likely be put down by De Blasio to not piss off his sugar daddies contain the spread of coronavirus

Another reason I'll be glad for the end of this pandemic will be not having to weigh up if taking a stand is worth the risk to everyones' loved ones.

[No State Here]

And, more crying.

(Image)
https://www.marketwatch.com/story/an-op ... 1611871658

The people who write articles like these are the reason we need to bring back "Okay Boomer." They're trying so hard to push the narrative that some young independent investors are the reckless gamblers, meanwhile this whole situation only happened because several hedge fund managers bet EVERYTHING they had on GME shorts and thought nobody would notice.

For myself and almost all other GME holders I've talked to, it's only a small percentage of our portfolios. If anything, the institutional investors are the ones gambling away their life's savings here. But it's way worse than that because when they make fuck-ups this big, their companies and all their clients go down with them. These people MUST have known how risky this strategy was, and that they should never risk more money than they can afford to lose. But they did it anyway, and they lost, and for some reason that's someone else's fault. Ridiculous.

Exactly, this articles acting like most GME investors have all their money in that one stock. I’ve made sure to diversify and secure my portfolio so well at least five of the main stocks I invest in can tank before I have financial issues

[Kowani]

(Image)
(Image)

Matt cartwright? Daniel Webster? What the hell is this an episode of Bonanza?

Pennsylvania and Florida Representatives, respectfully

[Ethel mermania]

The NY post had a nice piece written by its businesses columnist today.

https://nypost.com/2021/01/27/gamestop- ... -gone-mad/

[Fartsniffage]

Occupy Wall Street 2.0 back in effect, thanks Robinhood

Unfortunately many of these physical protests will likely be put down by De Blasio to not piss off his sugar daddies contain the spread of coronavirus

As they should be.

There is a time for physical protests but that time is not now.

Let's keep hitting them where it really hurts, in the stock market.

[Ethel mermania]

Matt cartwright? Daniel Webster? What the hell is this an episode of Bonanza?

Pennsylvania and Florida Representatives, respectfully

GET OFF MY LAWN!

[Dresderstan]

(Image)

(Image)

Had to look up 9 of the 10 names I only knew Cartwright because he is my rep, surprised tbh 9 republicans and cartwrights agreeing to this.

[The Emerald Legion]

Y'know... I honestly didn't think I would see anything this early into 2021 that would unite the right and the left in America.

But apparently no matter which side you're on for the most part people really like to see redditers destroying wall street.

[Cannot think of a name]

And, more crying.

(Image)
https://www.marketwatch.com/story/an-op ... 1611871658

The people who write articles like these are the reason we need to bring back "Okay Boomer." They're trying so hard to push the narrative that some young independent investors are the reckless gamblers, meanwhile this whole situation only happened because several hedge fund managers bet EVERYTHING they had on GME shorts and thought nobody would notice.

For myself and almost all other GME holders I've talked to, it's only a small percentage of our portfolios. If anything, the institutional investors are the ones gambling away their life's savings here. But it's way worse than that because when they make fuck-ups this big, their companies and all their clients go down with them. These people MUST have known how risky this strategy was, and that they should never risk more money than they can afford to lose. But they did it anyway, and they lost, and for some reason that's someone else's fault. Ridiculous.

Every story so far has ended with, "Kids, this is risky..." which I can't help but think, "I think they know man. They were exploiting someone else's opportunistic risk taking and now that the risk is real for them everyone's asshole clenched."

[Northern Socialist Council Republics]

Y'know... I honestly didn't think I would see anything this early into 2021 that would unite the right and the left in America.

But apparently no matter which side you're on for the most part people really like to see redditers destroying wall street.

If you're an anticapitalist, then Wall Street is the epitome of capitalist greed and must be destroyed. If you're a pro-capitalist, then Wall Street is a cronyist distortion of the free market and must be destroyed.

Practically nobody likes these people coasting off their multimillions while people - citizens of high-income industrialised democracies to boot - are starving and homeless.

[Valrifell]

(Image)

(Image)

Had to look up 9 of the 10 names I only knew Cartwright because he is my rep, surprised tbh 9 republicans and cartwrights agreeing to this.

They know that if they let such transparent corruption slide there's going to be massive protests. It'll be 2008 all over again.

Really, people should be pissed regardless. Throughout this pandemic, we've seen Wall Street brokers rake in the big bucks while people struggle to pay rent, stay employed, or feed themselves. The Gamestop stock rally and, more importantly, the resulting scum-tastic corporate response, was just the lightning rod of all that resentment.

[Cordel One]

Occupy Wall Street 2.0 back in effect, thanks Robinhood

YES

[Herador]

I'm just laughing, I have nothing else. This is all so silly, from the cause to the losses, and the silver-spoon freakouts. I love every second of this.

[Cordel One]

Robinhood should rename itself after the Sheriff of Nottingham, it's more fitting.

[No State Here]

Y'know... I honestly didn't think I would see anything this early into 2021 that would unite the right and the left in America.

But apparently no matter which side you're on for the most part people really like to see redditers destroying wall street.

If you're an anticapitalist, then Wall Street is the epitome of capitalist greed and must be destroyed. If you're a pro-capitalist, then Wall Street is a cronyist distortion of the free market and must be destroyed.

Practically nobody likes these people coasting off their multimillions while people - citizens of high-income industrialised democracies to boot - are starving and homeless.

Except, of course, neoliberals who want regulation when it suits them