The Gamestop Stock Market Boogaloo

[Nevertopia]

The elites would like you to stop laughing at this now

they just want to scare the populace to manipulate the market in their favour. Let them lose.

[Stellar Colonies]

It would be nice if gamestopping the stonks system became a new tool to wield against these sorts, but they're probably going to try and install some kind of protection against a repeat of this, unfortunately.

[Diarcesia]

Never I would have imagined that I would see the day that virtually all of NSG would be in the same page in one thread.

[Herador]

It would be nice if gamestopping the stonks system became a new tool to wield against these sorts, but they're probably going to try and install some kind of protection against a repeat of this, unfortunately,

Well, yeah. Other hedgies are going to look at this, piss themselves, and throw money at whoever they can to make sure this doesn't happen to them.

[Stellar Colonies]

Never I would have imagined that I would see the day that virtually all of NSG would be in the same page in one thread.

The Grand Alliance of NSG: Memin' On Melvin.

[Galloism]

Never I would have imagined that I would see the day that virtually all of NSG would be in the same page in one thread.

One point of agreement is everyone hates hedge fund managers.

[Herador]

Never I would have imagined that I would see the day that virtually all of NSG would be in the same page in one thread.

No one but Belfort-larpers and the ultra-rich like Wallstreet, this isn't super surprising.

[Stellar Colonies]

It would be nice if gamestopping the stonks system became a new tool to wield against these sorts, but they're probably going to try and install some kind of protection against a repeat of this, unfortunately,

Well, yeah. Other hedgies are going to look at this, piss themselves, and throw money at whoever they can to make sure this doesn't happen to them.

Yep.

[Herador]

I got a name for this: The Great Landscaping


cuz it's a hedgefund, geddit?

[Nevertopia]

It would be nice if gamestopping the stonks system became a new tool to wield against these sorts, but they're probably going to try and install some kind of protection against a repeat of this, unfortunately.

well hears the thing, any kind of legislature that would be passed to uphold the status quo would need to make a firm distinction between corporate entities and private citizens. Such a legislature WILL attract attention due to the stark rules that each side plays differently by. Furthermore the people who were apart of gamestopping will have money of their own and will have that much more influence on the policy. IT won't be an easy victory for the people but theres a slim chance however small that either whatever bill comes from this gets thrown out or will force everybody to play by the same rules which benefits private citizens more than corporate entities who have an interest in restricting this kind of economic freedom.

[Kowani]

We went international again: GameStop's stock rise prompts a surge in Australia’s most-shorted stocks

[Scandinavian Federated Alliance]

It would be nice if gamestopping the stonks system became a new tool to wield against these sorts, but they're probably going to try and install some kind of protection against a repeat of this, unfortunately.

well hears the thing, any kind of legislature that would be passed to uphold the status quo would need to make a firm distinction between corporate entities and private citizens. Such a legislature WILL attract attention due to the stark rules that each side plays differently by. Furthermore the people who were apart of gamestopping will have money of their own and will have that much more influence on the policy. IT won't be an easy victory for the people but theres a slim chance however small that either whatever bill comes from this gets thrown out or will force everybody to play by the same rules which benefits private citizens more than corporate entities who have an interest in restricting this kind of economic freedom.

i dont think the biden administration wants tha image as it would risk pissing off their base, as well as the bernie bros, libertarians and other groups, they dont want to start out with massed protests

[Herador]

We went international again: GameStop's stock rise prompts a surge in Australia’s most-shorted stocks

I swear to god if this thing goes global I'll lose my shit

[The Marlborough]

It would be nice if gamestopping the stonks system became a new tool to wield against these sorts, but they're probably going to try and install some kind of protection against a repeat of this, unfortunately.

well hears the thing, any kind of legislature that would be passed to uphold the status quo would need to make a firm distinction between corporate entities and private citizens. Such a legislature WILL attract attention due to the stark rules that each side plays differently by. Furthermore the people who were apart of gamestopping will have money of their own and will have that much more influence on the policy. IT won't be an easy victory for the people but theres a slim chance however small that either whatever bill comes from this gets thrown out or will force everybody to play by the same rules which benefits private citizens more than corporate entities who have an interest in restricting this kind of economic freedom.

Precisely. Why wouldn't I use whatever money I make from this to lobby politicians against such moves? Not many want to admit it, but a fair number of people got rich who have no stake in the current system - they've made their money because of a gap in the system, not because of the system itself. Some of those people will work against the system with their wealth; they'll be counter-elites not status quo elites. I have zero interest in maintaining the status quo because even if I make big bucks from this, I'll remember what life was like before.

[Des-Bal]

Well, yeah. Other hedgies are going to look at this, piss themselves, and throw money at whoever they can to make sure this doesn't happen to them.

This is a very unsafe time to do that. Both sides of the aisle have been mobilized and the only thing chilling people out is that it literally got to the point of insurrection.

[Cordel One]

We went international again: GameStop's stock rise prompts a surge in Australia’s most-shorted stocks

It's a baaaaad day for hedge funds

Those leeches have been seemingly unstoppable for too long!

[Scandinavian Federated Alliance]

We went international again: GameStop's stock rise prompts a surge in Australia’s most-shorted stocks

wall street hates them, see how these retailers absolutely fucked hegies in the ass with this one simple trick

[Nevertopia]

well hears the thing, any kind of legislature that would be passed to uphold the status quo would need to make a firm distinction between corporate entities and private citizens. Such a legislature WILL attract attention due to the stark rules that each side plays differently by. Furthermore the people who were apart of gamestopping will have money of their own and will have that much more influence on the policy. IT won't be an easy victory for the people but theres a slim chance however small that either whatever bill comes from this gets thrown out or will force everybody to play by the same rules which benefits private citizens more than corporate entities who have an interest in restricting this kind of economic freedom.

i dont think the biden administration wants tha image as it would risk pissing off their base, as well as the bernie bros, libertarians and other groups, they dont want to start out with massed protests

Neither do I, but we're talking about hedge funds here. This is OLD money we're talking about. Hedge Funds may or may not govern multi-generational inheritance money that may or may not be attached to prolific families of industry. Theres a very real chance that, and I would say the most likely outcome, that a reactionary bill will come out restricting economic freedoms of private citizens while guaranteeing those same restricted freedoms as open/available to corporate entities.

[Stellar Colonies]

It would be nice if gamestopping the stonks system became a new tool to wield against these sorts, but they're probably going to try and install some kind of protection against a repeat of this, unfortunately.

well hears the thing, any kind of legislature that would be passed to uphold the status quo would need to make a firm distinction between corporate entities and private citizens. Such a legislature WILL attract attention due to the stark rules that each side plays differently by. Furthermore the people who were apart of gamestopping will have money of their own and will have that much more influence on the policy. IT won't be an easy victory for the people but theres a slim chance however small that either whatever bill comes from this gets thrown out or will force everybody to play by the same rules which benefits private citizens more than corporate entities who have an interest in restricting this kind of economic freedom.

It'll certainly be an uphill climb, that's for sure.

[The Lone Alliance]

The elites would like you to stop laughing at this now

Oh it's that fucker again he got on Twitter last night and tweeted the following:

I get that people think its funny when bad things happen to Wall Street types, but this GameStop thing is not a joke. These are stock traders conspiring to manipulate the markets in open view of us all and using the "nah, its for the lulz, and the other side sucks" as an excuse.

This is the equivalent of cheering on hackers when they are defacing websites of companies or governments you don't like. Well, when those same hackers attack your website or your government, you won't think its funny.

OK, guys, since you're all here on my timeline now, let me tell you what the asshole conspirers on WSB won't: SELL THAT SHIT AND GET YOUR MONEY. DON'T HODL. RECOGNIZE YOUR GAINS BEFORE THE SEC STEPS IN. Enjoy ratioing me, I hope you're smart enough to get out fast.

My god, I had no idea that so many Robinhood bros actually believe that it can't be a conspiracy if you do it in the open. All a conspiracy takes is more than 1 person agreeing to commit a criminal act, and trying to do it. That's it. No other requirements.

He got ratioed to death then laughed off twitter to the point that his tweets are still protected.

[Odreria]

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?

Guy from Massachusetts should be charged with treason

[No State Here]

Polcomp meme everyone needs

[Odreria]

It would be nice if gamestopping the stonks system became a new tool to wield against these sorts, but they're probably going to try and install some kind of protection against a repeat of this, unfortunately.

The good times can’t last, but they’ll stick around for a little while longer.

[The Marlborough]

It would be nice if gamestopping the stonks system became a new tool to wield against these sorts, but they're probably going to try and install some kind of protection against a repeat of this, unfortunately.

I don't see how they can without fucking the stock market over for most people. Banning private individuals from investing would run up against numerous laws and also piss off other rich people who don't use professional investment channels for their own reasons. Not to mention the amount of money that a bunch of Redditors could make from all of this.

[Cordel One]

It would be nice if gamestopping the stonks system became a new tool to wield against these sorts, but they're probably going to try and install some kind of protection against a repeat of this, unfortunately.

I'm sure the state's gonna do that, but they're gonna have to do so really quietly or Occupy's coming back twice as hard