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The Gamestop Stock Market Boogaloo

For discussion and debate about anything. (Not a roleplay related forum; out-of-character commentary only.)

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Odreria
Minister
 
Posts: 2309
Founded: Jun 15, 2020
Ex-Nation

Postby Odreria » Wed Jan 27, 2021 7:10 pm

SOON MAY THE TENDIEMAN COME AND SEND OUR ROCKET INTO THE SUN, ONE DAY WHEN THE TRADIN IS DONE WELL TAKE OUR GAINZ AND GO
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Nevertopia
Minister
 
Posts: 3159
Founded: May 27, 2020
Ex-Nation

Postby Nevertopia » Wed Jan 27, 2021 7:10 pm

ok i have my new newyears goal, get into stock trading.
So the CCP won't let me be or let me be me so let me see, they tried to shut me down on CBC but it feels so empty without me.
Communism has failed every time its been tried.
Civilization Index: Class 9.28
Tier 7: Stellar Settler | Level 7: Wonderful Wizard | Type 7: Astro Ambassador
This nation's overview is the primary canon. For more information use NS stats.
Black Lives Matter

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Des-Bal
Post Czar
 
Posts: 32055
Founded: Jan 24, 2010
Compulsory Consumerist State

Postby Des-Bal » Wed Jan 27, 2021 7:10 pm

Nevertopia wrote:
hey no complaints from me, from my pov the market is working as intended and all these big shot hedge funds are just being sore losers in a game they thought they would always win. You paid your ticket and this is your ride. 8)


Absolutely. This is a wonderful thing, the barrier for entry into the market is as low as it's ever been, everybody's getting in, everybody's taking risks, and anybody might get fucked. Huzzah!

This is fantastic, I'm personally the SEC tries some sly shit so everybody can hit the streets holding hands.
Cekoviu wrote:DES-BAL: Introverted, blunt, focused, utilitarian. Hard to read; not verbose online or likely in real life. Places little emphasis on interpersonal relationships, particularly with online strangers for whom the investment would outweigh the returns.
Desired perception: Logical, intellectual
Public perception: Neutral-positive - blunt, cold, logical, skilled at debating
Mindset: Logos

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Scandinavian Federated Alliance
Spokesperson
 
Posts: 130
Founded: Jan 07, 2021
Ex-Nation

Postby Scandinavian Federated Alliance » Wed Jan 27, 2021 7:11 pm

Odreria wrote:SOON MAY THE TENDIEMAN COME AND SEND OUR ROCKET INTO THE SUN, ONE DAY WHEN THE TRADIN IS DONE WELL TAKE OUR GAINZ AND GO

im seriously considering just putting a link to that in my sig

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Herador
Powerbroker
 
Posts: 8038
Founded: Mar 08, 2011
Democratic Socialists

Postby Herador » Wed Jan 27, 2021 7:11 pm

Odreria wrote:SOON MAY THE TENDIEMAN COME AND SEND OUR ROCKET INTO THE SUN, ONE DAY WHEN THE TRADIN IS DONE WELL TAKE OUR GAINZ AND GO

2021 is going to be a strange year.
My politics are real simple: I just want to be able to afford to go to the doctor.

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No State Here
Ambassador
 
Posts: 1590
Founded: Jun 10, 2019
Ex-Nation

Postby No State Here » Wed Jan 27, 2021 7:12 pm

Nevertopia wrote:ok i have my new newyears goal, get into stock trading.

Of course, that’s always a good goal. The number one thing I tell to teenagers today is to start investing as soon as you’re comfortable, because it can change your life
Abolish NSG

New York Anarcho-Capitalist Minarchist, not an Ancap anymore
Theme
Anthem

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Scandinavian Federated Alliance
Spokesperson
 
Posts: 130
Founded: Jan 07, 2021
Ex-Nation

Postby Scandinavian Federated Alliance » Wed Jan 27, 2021 7:12 pm

Herador wrote:
Odreria wrote:SOON MAY THE TENDIEMAN COME AND SEND OUR ROCKET INTO THE SUN, ONE DAY WHEN THE TRADIN IS DONE WELL TAKE OUR GAINZ AND GO

2021 is going to be a strange year.

its already on the same path as 2020, same story different characters

User avatar
Kowani
Post Czar
 
Posts: 44696
Founded: Apr 01, 2018
Democratic Socialists

Postby Kowani » Wed Jan 27, 2021 7:13 pm

i swear
in 30 years, there'll be a history book with the inset quote "We can stay retarded longer than they can stay solvent"
Abolitionism in the North has leagued itself with Radical Democracy, and so the Slave Power was forced to ally itself with the Money Power; that is the great fact of the age.




The triumph of the Democracy is essential to the struggle of popular liberty


Currently Rehabilitating: Martin Van Buren, Benjamin Harrison, and Woodrow Wilson
Currently Vilifying: George Washington, Theodore Roosevelt, and Jimmy Carter

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Scandinavian Federated Alliance
Spokesperson
 
Posts: 130
Founded: Jan 07, 2021
Ex-Nation

Postby Scandinavian Federated Alliance » Wed Jan 27, 2021 7:14 pm

Image


WE HAVE NOTHING TO LOSE BUT OUR TENDIES

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Kowani
Post Czar
 
Posts: 44696
Founded: Apr 01, 2018
Democratic Socialists

Postby Kowani » Wed Jan 27, 2021 7:15 pm

Des-Bal wrote:
Nevertopia wrote:
hey no complaints from me, from my pov the market is working as intended and all these big shot hedge funds are just being sore losers in a game they thought they would always win. You paid your ticket and this is your ride. 8)


Absolutely. This is a wonderful thing, the barrier for entry into the market is as low as it's ever been, everybody's getting in, everybody's taking risks, and anybody might get fucked. Huzzah!

This is fantastic, I'm personally the SEC tries some sly shit so everybody can hit the streets holding hands.

Their only statement was...vague
Abolitionism in the North has leagued itself with Radical Democracy, and so the Slave Power was forced to ally itself with the Money Power; that is the great fact of the age.




The triumph of the Democracy is essential to the struggle of popular liberty


Currently Rehabilitating: Martin Van Buren, Benjamin Harrison, and Woodrow Wilson
Currently Vilifying: George Washington, Theodore Roosevelt, and Jimmy Carter

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New haven america
Post Czar
 
Posts: 43452
Founded: Oct 08, 2012
Left-Leaning College State

Postby New haven america » Wed Jan 27, 2021 7:17 pm

Nevertopia wrote:ok i have my new newyears goal, get into stock trading.

Don't, it's boring as fuck.

Only way it's really helpful is if your rich or lucky.
Last edited by New haven america on Wed Jan 27, 2021 7:19 pm, edited 1 time in total.
Human of the male variety
Will accept TGs
Char/Axis 2024

That's all folks~

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Infected Mushroom
Post Czar
 
Posts: 38837
Founded: Apr 15, 2014
Corrupt Dictatorship

Postby Infected Mushroom » Wed Jan 27, 2021 7:17 pm

New haven america wrote:
Infected Mushroom wrote:All I know is that Wall Street does something with lots of computers and phones (have a work culture of long hours and being bullies to each other)... ding ding ding... red and green numbers and graphs go up or down and somehow the net effect of this is to make the American government and economy more money while making the rich richer and maybe the poor poorer

Or something... is this about right?

Well in this case the poor are getting richer and the rich are getting pissed off and suicidal.


I managed to understand the first part of the OP (but only after reading it five times and only due to Ostro’s analogy with the cars)...

But the rest of it with reddit and the brick shop etc... I’m still really confused

This stocks thing is really hard for me

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Scandinavian Federated Alliance
Spokesperson
 
Posts: 130
Founded: Jan 07, 2021
Ex-Nation

Postby Scandinavian Federated Alliance » Wed Jan 27, 2021 7:18 pm

New haven america wrote:
Nevertopia wrote:ok i have my new newyears goal, get into stock trading.

Don't, it's boring as fuck.

yeah unless you dont care like WSB, its not as exiting as WOWS or Billions makes it seem, its alot of hmmm, green graph a little up today, however other line a bit red, however by reading the stars it may go green again

User avatar
No State Here
Ambassador
 
Posts: 1590
Founded: Jun 10, 2019
Ex-Nation

Postby No State Here » Wed Jan 27, 2021 7:19 pm

Scandinavian Federated Alliance wrote:

WE HAVE NOTHING TO LOSE BUT OUR TENDIES

The free market being used by average capitalists to attack big business is the best thing since the pandemic started
Abolish NSG

New York Anarcho-Capitalist Minarchist, not an Ancap anymore
Theme
Anthem

User avatar
The Two Jerseys
Post Marshal
 
Posts: 19604
Founded: Jun 07, 2012
Inoffensive Centrist Democracy

Postby The Two Jerseys » Wed Jan 27, 2021 7:19 pm

On a serious note, have there been rumblings from any state regulators yet?
"The Duke of Texas" is too formal for regular use. Just call me "Your Grace".
"If I would like to watch goodness, sanity, God and logic being fucked I would watch Japanese porn." -Nightkill the Emperor
"This thread makes me wish I was a moron so that I wouldn't have to comprehend how stupid the topic is." -The Empire of Pretantia
Head of State: HM King Louis
Head of Government: The Rt. Hon. James O'Dell MP, Prime Minister
Ambassador to the World Assembly: HE Sir John Ross "J.R." Ewing II, Bt.
Join Excalibur Squadron. We're Commandos who fly Spitfires. Chicks dig Commandos who fly Spitfires.

User avatar
Scandinavian Federated Alliance
Spokesperson
 
Posts: 130
Founded: Jan 07, 2021
Ex-Nation

Postby Scandinavian Federated Alliance » Wed Jan 27, 2021 7:21 pm

The Two Jerseys wrote:On a serious note, have there been rumblings from any state regulators yet?

no, everything is above board, and trying to interfere will prolly relaunch the occupy wall street movement with all political spectrums involved, so its best to wait, let it die down then try to quietly pass shit

User avatar
Cordel One
Senator
 
Posts: 4524
Founded: Aug 06, 2020
Corrupt Dictatorship

Postby Cordel One » Wed Jan 27, 2021 7:23 pm

Scandinavian Federated Alliance wrote:
The Two Jerseys wrote:On a serious note, have there been rumblings from any state regulators yet?

no, everything is above board, and trying to interfere will prolly relaunch the occupy wall street movement with all political spectrums involved, so its best to wait, let it die down then try to quietly pass shit

Yes, yes! Bring back Occupy WS!

User avatar
Nevertopia
Minister
 
Posts: 3159
Founded: May 27, 2020
Ex-Nation

Postby Nevertopia » Wed Jan 27, 2021 7:23 pm

New haven america wrote:
Nevertopia wrote:ok i have my new newyears goal, get into stock trading.

Don't, it's boring as fuck.

Only way it's really helpful is if your rich or lucky.

dont threaten me with a good time.
So the CCP won't let me be or let me be me so let me see, they tried to shut me down on CBC but it feels so empty without me.
Communism has failed every time its been tried.
Civilization Index: Class 9.28
Tier 7: Stellar Settler | Level 7: Wonderful Wizard | Type 7: Astro Ambassador
This nation's overview is the primary canon. For more information use NS stats.
Black Lives Matter

User avatar
Borderlands of Rojava
Postmaster-General
 
Posts: 14813
Founded: Jul 27, 2020
Ex-Nation

Postby Borderlands of Rojava » Wed Jan 27, 2021 7:24 pm

This is the first major news story I've seen in a while that doesn't involve Trump in any way. And it's one of the first beautiful ones I've seen in a while.
Leftist, commie and Antifa Guy. Democratic Confederalist, Anti-racist

"The devil is out there. Hiding behind every corner and in every nook and cranny. In all of the dives, all over the city. Before you lays an entire world of enemies, and at day's end when the chips are down, we're a society of strangers. You cant walk by someone on the street anymore without crossing the road to get away from their stare. Welcome to the Twilight Zone. The land of plague and shadow. Nothing innocent survives this world. If it can't corrupt you, it'll kill you."

User avatar
Des-Bal
Post Czar
 
Posts: 32055
Founded: Jan 24, 2010
Compulsory Consumerist State

Postby Des-Bal » Wed Jan 27, 2021 7:24 pm

Infected Mushroom wrote:
I managed to understand the first part of the OP (but only after reading it five times and only due to Ostro’s analogy with the cars)...

But the rest of it with reddit and the brick shop etc... I’m still really confused

This stocks thing is really hard for me



A "Brick and Mortar" store is a physical store where you go to buy things. Gamestop is one of those. It's a bad business model because games are increasingly digital and people are doing more and more online shopping. Gamestop was failing, that's why short sellers bought it like they bought the car.

Reddit is the guy who wouldn't sell the car back.
Cekoviu wrote:DES-BAL: Introverted, blunt, focused, utilitarian. Hard to read; not verbose online or likely in real life. Places little emphasis on interpersonal relationships, particularly with online strangers for whom the investment would outweigh the returns.
Desired perception: Logical, intellectual
Public perception: Neutral-positive - blunt, cold, logical, skilled at debating
Mindset: Logos

User avatar
The Two Jerseys
Post Marshal
 
Posts: 19604
Founded: Jun 07, 2012
Inoffensive Centrist Democracy

Postby The Two Jerseys » Wed Jan 27, 2021 7:24 pm

Scandinavian Federated Alliance wrote:
The Two Jerseys wrote:On a serious note, have there been rumblings from any state regulators yet?

no, everything is above board, and trying to interfere will prolly relaunch the occupy wall street movement with all political spectrums involved, so its best to wait, let it die down then try to quietly pass shit

Roger that.

Steady as she goes, you beautiful Comrades and Captains!
"The Duke of Texas" is too formal for regular use. Just call me "Your Grace".
"If I would like to watch goodness, sanity, God and logic being fucked I would watch Japanese porn." -Nightkill the Emperor
"This thread makes me wish I was a moron so that I wouldn't have to comprehend how stupid the topic is." -The Empire of Pretantia
Head of State: HM King Louis
Head of Government: The Rt. Hon. James O'Dell MP, Prime Minister
Ambassador to the World Assembly: HE Sir John Ross "J.R." Ewing II, Bt.
Join Excalibur Squadron. We're Commandos who fly Spitfires. Chicks dig Commandos who fly Spitfires.

User avatar
Scandinavian Federated Alliance
Spokesperson
 
Posts: 130
Founded: Jan 07, 2021
Ex-Nation

Postby Scandinavian Federated Alliance » Wed Jan 27, 2021 7:25 pm

Cordel One wrote:
Scandinavian Federated Alliance wrote:no, everything is above board, and trying to interfere will prolly relaunch the occupy wall street movement with all political spectrums involved, so its best to wait, let it die down then try to quietly pass shit

Yes, yes! Bring back Occupy WS!

the leftist move back in and physically protest while the capatalists use the stock market to fuck with people and donate small proceedings to the physical movment while pocketing or charitying the rest

User avatar
Kowani
Post Czar
 
Posts: 44696
Founded: Apr 01, 2018
Democratic Socialists

Postby Kowani » Wed Jan 27, 2021 7:25 pm

The Two Jerseys wrote:On a serious note, have there been rumblings from any state regulators yet?

Abolitionism in the North has leagued itself with Radical Democracy, and so the Slave Power was forced to ally itself with the Money Power; that is the great fact of the age.




The triumph of the Democracy is essential to the struggle of popular liberty


Currently Rehabilitating: Martin Van Buren, Benjamin Harrison, and Woodrow Wilson
Currently Vilifying: George Washington, Theodore Roosevelt, and Jimmy Carter

User avatar
Senkaku
Postmaster of the Fleet
 
Posts: 25685
Founded: Sep 01, 2012
Psychotic Dictatorship

Postby Senkaku » Wed Jan 27, 2021 7:25 pm

The Two Jerseys wrote:On a serious note, have there been rumblings from any state regulators yet?

guy from massachusetts wants to halt trading for 30 days

if the SEC actually tries something like that, do we think there could be any unrest? Given that something like two million people have poured into r/WSB and I assume a significant fraction of those have put some money into all this?
night shift staph

User avatar
Borderlands of Rojava
Postmaster-General
 
Posts: 14813
Founded: Jul 27, 2020
Ex-Nation

Postby Borderlands of Rojava » Wed Jan 27, 2021 7:25 pm

The Two Jerseys wrote:
Scandinavian Federated Alliance wrote:no, everything is above board, and trying to interfere will prolly relaunch the occupy wall street movement with all political spectrums involved, so its best to wait, let it die down then try to quietly pass shit

Roger that.

Steady as she goes, you beautiful Comrades and Captains!


Hail reddit, hail our people. Hail victory.
Leftist, commie and Antifa Guy. Democratic Confederalist, Anti-racist

"The devil is out there. Hiding behind every corner and in every nook and cranny. In all of the dives, all over the city. Before you lays an entire world of enemies, and at day's end when the chips are down, we're a society of strangers. You cant walk by someone on the street anymore without crossing the road to get away from their stare. Welcome to the Twilight Zone. The land of plague and shadow. Nothing innocent survives this world. If it can't corrupt you, it'll kill you."

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