The Gamestop Stock Market Boogaloo

[Lost Memories]

Heard the stock market referred to as 'The Rich Asshole Feelings Chart', and that's my new favorite thing.

Very fitting and accurate. Them, and their market "feelings".

[Nevertopia]

is this the brith of direct economic activism, wheras indirect would be things like boycotting
What would you call it?

Well Id go with something that has mass appeal like "Investment activism" but that doesnt really roll off the tongue. Maybe something like "Protest Trading" to keep that anti-establishment vibe. Or "Call Trading" for the economic savvy crowd to give it a gambling/wolf on wallstreet feel. Or maybe we can use a lingo angle and call it "gamestopping".

What do you guys think? Personally I like "gamestopping" because its short, punchy and alludes to the higher educated. Like, "Hey guys a hedgefund is doubling down on $LOL, lets all gamestop them and bet against their call."

[Herador]

is this the brith of direct economic activism, wheras indirect would be things like boycotting
What would you call it?

Well Id go with something that has mass appeal like "Investment activism" but that doesnt really roll off the tongue. Maybe something like "Protest Trading" to keep that anti-establishment vibe. Or "Call Trading" for the economic savvy crowd to give it a gambling/wolf on wallstreet feel. Or maybe we can use a lingo angle and call it "gamestopping".

What do you guys think? Personally I like "gamestopping" because its short, punchy and alludes to the higher educated. Like, "Hey guys a hedgefund is doubling down on $LOL, lets all gamestop them and bet against their call."

Gamestopping is a fun term.

[Diarcesia]

This is called every extreme is on the same team.

CapComAuth coalition led by President-Secretary-General-Emperor Elon Musk

Big brain time: Use the profits of a GameStop stock that goes to the moon to invest in NASA or SpaceX to build a moon rocket.

Not financial advice, as always.

[Andsed]

I'm glad we finally achieved prol unity by fucking with the hedgefunds.

We all hate Wall Street, I guess.

Fuck Wall Street, all my homies hate Wall Street.

[Nevertopia]

Well Id go with something that has mass appeal like "Investment activism" but that doesnt really roll off the tongue. Maybe something like "Protest Trading" to keep that anti-establishment vibe. Or "Call Trading" for the economic savvy crowd to give it a gambling/wolf on wallstreet feel. Or maybe we can use a lingo angle and call it "gamestopping".

What do you guys think? Personally I like "gamestopping" because its short, punchy and alludes to the higher educated. Like, "Hey guys a hedgefund is doubling down on $LOL, lets all gamestop them and bet against their call."

Gamestopping is a fun term.

right? Its got that vibe where youre "stopping" the establishment from "gaming" the market by "gaming" them back. "Oh you bet this will fail? Ok I'll call and bet it will succeed, lets see who bleeds out faster."

[No State Here]

So now the media narrative is that it was a Russian attack? It’s funny seeing them try to cope, first it was racist trolls, then it was Trumpists, now its Russia

sause?

Pretty sure I saw a link to an article saying this was a foreign attack earlier in the thread, may be wrong, but its funny they’re trying to justify the fact they got destroyed by reddit memers

But I did find the Trumpism one

How Trumpism explains the Gamestop stock surge

[Cordel One]

CNN blames Trump supporter because hating the elite is apparently a Trumpist concept and WSB coordinated it on Reddit, which was infamous for T_D. Really grasping at straws there, it's an embarassment of an article.

I know I'm not the first person to post this

[No State Here]

CNN blames Trump supporter because hating the elite is apparently a Trumpist concept and WSB coordinated it on Reddit, which was infamous for T_D. Really grasping at straws there, it's an embarassment of an article.

I know I'm not the first person to post this

Yep, ironically just before

But their desperate attempts to cover their failure is amusing

[Nevertopia]

CNN blames Trump supporter because hating the elite is apparently a Trumpist concept and WSB coordinated it on Reddit, which was infamous for T_D. Really grasping at straws there, it's an embarassment of an article.

regardless of where on the political spectrum youre on, remember that somebody is paying for the news you watch. We all know these claims are unfounded and is a result of the market reacting to publicly available information. The system is working as intended, now pay up you sore losers.

[Scandinavian Federated Alliance]

yeah i will back the termification of gamestopping, it works on multiple levels

[Kowani]

The elites would like you to stop laughing at this now

[Scandinavian Federated Alliance]

The elites would like you to stop laughing at this now

"""manipulating"""
but its not, its all aboveboard and in the open, compaired to the backroom deals and insider trading you guys do

[Dresderstan]

yeah i will back the termification of gamestopping, it works on multiple levels

Someone make an urban dictionary about this if it already doesn't exist.

[No State Here]

The elites would like you to stop laughing at this now

That article is like a long NSG post where the poster pretends they are smart and use big words to make it seem like they know what they’re talking about but it really means nothing

[Herador]

The elites would like you to stop laughing at this now

That article is like a long NSG post where the poster pretends they are smart and use big words to make it seem like they know what they’re talking about but it really means nothing

Even the article's comments are dunking on it. Glorious.

[Washington Resistance Army]

The elites would like you to stop laughing at this now

Boomer anger makes me want to not sell and stay in even longer.

[Omniabstracta]

The elites would like you to stop laughing at this now

The article is stupid and its tone is arrogant as hell, but it is right about one thing, some people are going to end up getting hurt on the downslope and most of them probably won’t be hedge fund managers.

[Andsed]

The elites would like you to stop laughing at this now

"How dare you exploit the system! Only WE are allowed to do that!"

[Herador]

The elites would like you to stop laughing at this now

"How dare you exploit the system! Only WE are allowed to do that!"

"memelords, pwease stop making us look dumb uWu"

[Washington Resistance Army]

The elites would like you to stop laughing at this now

The article is stupid and its tone is arrogant as hell, but it is right about one thing, some people are going to end up getting hurt on the downslope and most of them probably won’t be hedge fund managers.

But as pointed out earlier, most of the people going in on GME have put in no more than a few hundred dollars. We can eat that lose a lot easier than the Hedgies can eat the billions we're running off with.

[Cordel One]

The elites would like you to stop laughing at this now

HA

[Fahran]

The elites would like you to stop laughing at this now

He's literally reiterating the same points CNN has been making all day. And WRA made the point more succinctly than I could. Retail investors have losses limited to the cost of their investments. Hedgies potentially have infinite losses.

[Kowani]

The elites would like you to stop laughing at this now

The article is stupid and its tone is arrogant as hell, but it is right about one thing, some people are going to end up getting hurt on the downslope and most of them probably won’t be hedge fund managers.

well
most of the day traders will be fine, i think
they can't lose more than their initial investment
(though I don't know what'll happen if Melvin goes bankrupt)

[Andsed]

"How dare you exploit the system! Only WE are allowed to do that!"

"memelords, pwease stop making us look dumb uWu"

"NOOOO YOU CANT JUST COST US BILLIONS OF DOLLARS BY EXPLOITING THE SYSTEM LIKE WE DO ALL THE TIME!"

"Haha, stonks go brrrrrr"