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The Gamestop Stock Market Boogaloo

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

Postby Scandinavian Federated Alliance » Wed Jan 27, 2021 8:22 pm

the issue is gamestopping only works in a very specific situation,

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Karasi-a
Attaché
 
Posts: 92
Founded: Nov 05, 2020
Ex-Nation

Postby Karasi-a » Wed Jan 27, 2021 8:23 pm

Nevertopia wrote:


Image

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


Make some money off their backs too while I'm at it. I've never made 100 dollars an hour before.

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Pax Nerdvana
Post Marshal
 
Posts: 15716
Founded: May 22, 2017
Capitalizt

Postby Pax Nerdvana » Wed Jan 27, 2021 8:25 pm

This whole situation is greatly amusing to me. The Invisible Hand at work.
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Cordel One
Senator
 
Posts: 4524
Founded: Aug 06, 2020
Corrupt Dictatorship

Postby Cordel One » Wed Jan 27, 2021 8:29 pm

Pax Nerdvana wrote:This whole situation is greatly amusing to me. The Invisible Hand at work.

The Invisible Hand is not only visible, it's a bourgeois pet and that strangles the proletariat. Some people managed to get it to nip its owner today, but it's not our friend.

What happened today demonstrates that the will of the people can overpower the Invisible Hand with ease. We can do great things with class consciousness!
Last edited by Cordel One on Wed Jan 27, 2021 8:33 pm, edited 2 times in total.

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Odreria
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Founded: Jun 15, 2020
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Postby Odreria » Wed Jan 27, 2021 8:30 pm

Valrifell wrote:
Disregard whatever this poster says
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Pax Nerdvana
Post Marshal
 
Posts: 15716
Founded: May 22, 2017
Capitalizt

Postby Pax Nerdvana » Wed Jan 27, 2021 8:33 pm

Cordel One wrote:
Pax Nerdvana wrote:This whole situation is greatly amusing to me. The Invisible Hand at work.

The Invisible Hand is not only visible, it's a bourgeois pet and that strangles the proletariat. Some people managed to get it to nip its owner today, but it's not our friend.

Which is better then nothing. Wall Street is no friend of anyone’s.
The Internet killed gun control.
Profile
Quotes
We Will Not Comply
They can’t stop the Signal
"The universe did never make sense; I suspect it was built on government contract."
-Robert Heinlein

"Affordability
Suitability (.22LR for squirrels, bigger .22s for long range little things, and big-bore for legal hunting reasons, etc)
Ammunition supply-chain (6.5x55 Swede and .303 British, although available, isn't exactly everywhere)
If it's ugly, uncomfortable, and can't shoot straight, but it accomplishes the above, then it's either a Mosin or a Hi-Point."
-Hurtful Thoughts on stuff you want in a gun

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

Postby Cordel One » Wed Jan 27, 2021 8:34 pm

Pax Nerdvana wrote:
Cordel One wrote:The Invisible Hand is not only visible, it's a bourgeois pet and that strangles the proletariat. Some people managed to get it to nip its owner today, but it's not our friend.

Which is better then nothing. Wall Street is no friend of anyone’s.

Absolutely, this is exciting!
Last edited by Cordel One on Wed Jan 27, 2021 8:34 pm, edited 1 time in total.

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Pax Nerdvana
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Posts: 15716
Founded: May 22, 2017
Capitalizt

Postby Pax Nerdvana » Wed Jan 27, 2021 8:36 pm

Cordel One wrote:
Pax Nerdvana wrote:Which is better then nothing. Wall Street is no friend of anyone’s.

Absolutely, this is exciting!

I never thought I’d see the day when redditors, of all people, are actually being productive.
The Internet killed gun control.
Profile
Quotes
We Will Not Comply
They can’t stop the Signal
"The universe did never make sense; I suspect it was built on government contract."
-Robert Heinlein

"Affordability
Suitability (.22LR for squirrels, bigger .22s for long range little things, and big-bore for legal hunting reasons, etc)
Ammunition supply-chain (6.5x55 Swede and .303 British, although available, isn't exactly everywhere)
If it's ugly, uncomfortable, and can't shoot straight, but it accomplishes the above, then it's either a Mosin or a Hi-Point."
-Hurtful Thoughts on stuff you want in a gun

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The Lone Alliance
Powerbroker
 
Posts: 8855
Founded: May 25, 2005
Left-Leaning College State

Postby The Lone Alliance » Wed Jan 27, 2021 8:38 pm

Cordel One wrote:
Stellar Colonies wrote: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

Considering there were over 38 million calls today, more than ever in recorded Wall Street history, it's clear Wall Street is being occupied and that's likely what they're really upset about with all these casual traders on the market it's going to destroy their carefully ordered systems.
"Voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked, and denounce the pacifists for lack of patriotism, and exposing the country to greater danger." -Herman Goering
--------------
War is cruelty, and you cannot refine it; -William Tecumseh Sherman
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Galloism
Khan of Spam
 
Posts: 72185
Founded: Aug 20, 2005
Father Knows Best State

Postby Galloism » Wed Jan 27, 2021 8:38 pm

Pax Nerdvana wrote:
Cordel One wrote:Absolutely, this is exciting!

I never thought I’d see the day when redditors, of all people, are actually being productive.

I'm amused that in NS, amongst liberals and conservatives, authoritarians and libertarians, there's broad agreement:

Hedge funds suck, and they're getting what was coming to them.
Venicilian: wow. Jesus hung around with everyone. boys, girls, rich, poor(mostly), sick, healthy, etc. in fact, i bet he even went up to gay people and tried to heal them so they would be straight.
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Diarcesia
Negotiator
 
Posts: 6303
Founded: Aug 21, 2016
Left-Leaning College State

Postby Diarcesia » Wed Jan 27, 2021 8:38 pm

https://www.urbandictionary.com/define. ... ameStopped

Time to add a definition in this bad boy

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Diarcesia
Negotiator
 
Posts: 6303
Founded: Aug 21, 2016
Left-Leaning College State

Postby Diarcesia » Wed Jan 27, 2021 8:40 pm

Pax Nerdvana wrote:
Cordel One wrote:Absolutely, this is exciting!

I never thought I’d see the day when redditors, of all people, are actually being productive.

Father: Are ya winning, son?
Son: *memeing in WSB while holding a certain amount of GameStop stock before the rally*
Last edited by Diarcesia on Wed Jan 27, 2021 8:40 pm, edited 1 time in total.

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Major-Tom
Post Marshal
 
Posts: 15670
Founded: Mar 09, 2016
Left-wing Utopia

Postby Major-Tom » Wed Jan 27, 2021 8:40 pm

Galloism wrote:
Pax Nerdvana wrote:I never thought I’d see the day when redditors, of all people, are actually being productive.

I'm amused that in NS, amongst liberals and conservatives, authoritarians and libertarians, there's broad agreement:

Hedge funds suck, and they're getting what was coming to them.


It is tough to find people who possess a conscience defending hedge funds. You gotta have a loose moral code to be some slimy hedge fund jackass.

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

Postby Cordel One » Wed Jan 27, 2021 8:40 pm

The Lone Alliance wrote:
Cordel One wrote: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

Considering there were over 38 million calls today, more than ever in recorded Wall Street history, it's clear Wall Street is being occupied and that's likely what they're really upset about with all these casual traders on the market it's going to destroy their carefully ordered systems.

Look how easily direct action can disrupt capitalism!

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The Lone Alliance
Powerbroker
 
Posts: 8855
Founded: May 25, 2005
Left-Leaning College State

Postby The Lone Alliance » Wed Jan 27, 2021 8:41 pm

Cordel One wrote:
Pax Nerdvana wrote:This whole situation is greatly amusing to me. The Invisible Hand at work.

The Invisible Hand is not only visible, it's a bourgeois pet and that strangles the proletariat. Some people managed to get it to nip its owner today, but it's not our friend.

What happened today demonstrates that the will of the people can overpower the Invisible Hand with ease. We can do great things with class consciousness!

What's happening is that if enough of the proletariat grab the strings behind the hand they can make the hand dance according to their whims and not the whims of the bourgeois.

And now the bourgeois in question are losing and are shocked and outraged because the hand was supposed to be their pet and their pet alone.

Quantity is a quality of it's own.
"Voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked, and denounce the pacifists for lack of patriotism, and exposing the country to greater danger." -Herman Goering
--------------
War is cruelty, and you cannot refine it; -William Tecumseh Sherman
Free Kraven

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The Marlborough
Minister
 
Posts: 2643
Founded: May 27, 2020
Ex-Nation

Postby The Marlborough » Wed Jan 27, 2021 8:43 pm

Major-Tom wrote:
Galloism wrote:I'm amused that in NS, amongst liberals and conservatives, authoritarians and libertarians, there's broad agreement:

Hedge funds suck, and they're getting what was coming to them.


It is tough to find people who possess a conscience defending hedge funds. You gotta have a loose moral code to be some slimy hedge fund jackass.

Especially since the guy who is in charge of the main hedge fund getting fucked over has himself been suspected of benefitting from insider trading. What was that quote about reaping the wind again?
How could the Irish potato famine happen if they were surrounded by fish?
Support the Lil Red Dress Project to bring awareness to MMIWG.
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Pax Nerdvana
Post Marshal
 
Posts: 15716
Founded: May 22, 2017
Capitalizt

Postby Pax Nerdvana » Wed Jan 27, 2021 8:44 pm

Galloism wrote:
Pax Nerdvana wrote:I never thought I’d see the day when redditors, of all people, are actually being productive.

I'm amused that in NS, amongst liberals and conservatives, authoritarians and libertarians, there's broad agreement:

Hedge funds suck, and they're getting what was coming to them.

It’s amusing for sure. The hedge funds will get their comeuppance.
The Internet killed gun control.
Profile
Quotes
We Will Not Comply
They can’t stop the Signal
"The universe did never make sense; I suspect it was built on government contract."
-Robert Heinlein

"Affordability
Suitability (.22LR for squirrels, bigger .22s for long range little things, and big-bore for legal hunting reasons, etc)
Ammunition supply-chain (6.5x55 Swede and .303 British, although available, isn't exactly everywhere)
If it's ugly, uncomfortable, and can't shoot straight, but it accomplishes the above, then it's either a Mosin or a Hi-Point."
-Hurtful Thoughts on stuff you want in a gun

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

Postby Scandinavian Federated Alliance » Wed Jan 27, 2021 8:45 pm

The Marlborough wrote:
Major-Tom wrote:
It is tough to find people who possess a conscience defending hedge funds. You gotta have a loose moral code to be some slimy hedge fund jackass.

Especially since the guy who is in charge of the main hedge fund getting fucked over has himself been suspected of benefitting from insider trading. What was that quote about reaping the wind again?

the bible one or the hot take on the bible one by based aurther harries

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

Postby Nevertopia » Wed Jan 27, 2021 8:45 pm

Cordel One wrote:
The Lone Alliance wrote:Considering there were over 38 million calls today, more than ever in recorded Wall Street history, it's clear Wall Street is being occupied and that's likely what they're really upset about with all these casual traders on the market it's going to destroy their carefully ordered systems.

Look how easily direct action can disrupt capitalism!


look how the stock market acts like a stock market!
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The Marlborough
Minister
 
Posts: 2643
Founded: May 27, 2020
Ex-Nation

Postby The Marlborough » Wed Jan 27, 2021 8:45 pm

Scandinavian Federated Alliance wrote:
The Marlborough wrote:Especially since the guy who is in charge of the main hedge fund getting fucked over has himself been suspected of benefitting from insider trading. What was that quote about reaping the wind again?

the bible one or the hot take on the bible one by based aurther harries

Either is fine by me as both a Christian and someone whose great-uncle was in Bomber Command. 8)
How could the Irish potato famine happen if they were surrounded by fish?
Support the Lil Red Dress Project to bring awareness to MMIWG.
Bless our neon cyberpunk future.

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Dresderstan
Negotiator
 
Posts: 6904
Founded: Jan 18, 2016
Ex-Nation

Postby Dresderstan » Wed Jan 27, 2021 8:46 pm

Diarcesia wrote:https://www.urbandictionary.com/define.php?term=GameStopped

Time to add a definition in this bad boy

Damn there was a definition to it 10 years ago of something different?!
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Cordel One
Senator
 
Posts: 4524
Founded: Aug 06, 2020
Corrupt Dictatorship

Postby Cordel One » Wed Jan 27, 2021 8:46 pm

Nevertopia wrote:
Cordel One wrote:Look how easily direct action can disrupt capitalism!


look how the stock market acts like a stock market!

money make line go up and down
The Lone Alliance wrote:
Cordel One wrote:The Invisible Hand is not only visible, it's a bourgeois pet and that strangles the proletariat. Some people managed to get it to nip its owner today, but it's not our friend.

What happened today demonstrates that the will of the people can overpower the Invisible Hand with ease. We can do great things with class consciousness!

What's happening is that if enough of the proletariat grab the strings behind the hand they can make the hand dance according to their whims and not the whims of the bourgeois.

And now the bourgeois in question are losing and are shocked and outraged because the hand was supposed to be their pet and their pet alone.

Quantity is a quality of it's own.

That's true. My point is the people have enough power to break the chains of capitalism if we're just made aware of them.
Last edited by Cordel One on Wed Jan 27, 2021 8:48 pm, edited 1 time in total.

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The Lone Alliance
Powerbroker
 
Posts: 8855
Founded: May 25, 2005
Left-Leaning College State

Postby The Lone Alliance » Wed Jan 27, 2021 8:48 pm

Cordel One wrote:
The Lone Alliance wrote:Considering there were over 38 million calls today, more than ever in recorded Wall Street history, it's clear Wall Street is being occupied and that's likely what they're really upset about with all these casual traders on the market it's going to destroy their carefully ordered systems.

Look how easily direct action can disrupt capitalism!

Look at how afraid they are, more and more of the people are realizing that if all the money is in wall street then they have no choice but to go in there and drag some of that wealth back out at the rich's expense.

They're going to have to share the stock market with these plebeians trading equally with the financial elite and they're going to have to do so knowing that every time the normal people win that money is gone, because unlike the rich financial class when Main Street gets money they actually spend it, sure some of the winners will reinvest but for the most part they have practical things to use their stock winnings on.

What was it Marx said about using the tools of Capitalism against itself?

They're using capitalism against Capitalism.
Last edited by The Lone Alliance on Wed Jan 27, 2021 8:52 pm, edited 1 time in total.
"Voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked, and denounce the pacifists for lack of patriotism, and exposing the country to greater danger." -Herman Goering
--------------
War is cruelty, and you cannot refine it; -William Tecumseh Sherman
Free Kraven

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

Postby Scandinavian Federated Alliance » Wed Jan 27, 2021 8:49 pm

The Marlborough wrote:
Scandinavian Federated Alliance wrote:the bible one or the hot take on the bible one by based aurther harries

Either is fine by me as both a Christian and someone whose great-uncle was in Bomber Command. 8)

The Nazis entered this war under the rather childish delusion that they were going to bomb everyone else, and nobody was going to bomb them. At Rotterdam, London, Warsaw, and half a hundred other places, they put their rather naive theory into operation. They sowed the wind, and now they are going to reap the whirlwind.


translation:
the Hedgies entered this market under the rather childish delusion that they were going to fuck everyone else, and nobody was going to fuck them. At 2008, and half a hundred other places, they put their rather naive theory into operation. They sowed the wind, and now they are going to reap the whirlwind.
Last edited by Scandinavian Federated Alliance on Wed Jan 27, 2021 8:49 pm, edited 1 time in total.

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

Postby Cordel One » Wed Jan 27, 2021 8:50 pm

The Lone Alliance wrote:
Cordel One wrote:Look how easily direct action can disrupt capitalism!

Look at how afraid they are, more and more of the people are realizing that if all the money is in wall street then they have no choice but to go in there and drag some of that wealth back out at the rich's expense.

They're going to have to share the stock market with these plebeians trading equally with the financial elite and they're going to have to do so knowing that every time the normal people win that money is gone, because unlike the rich financial class when Main Street gets money they actually spend it, sure some of the winners will reinvest but for the most part they have practical things to use their stock winnings on.

Things will go back to the status quo soon enough. Manipulating the market as proletarians will be declared illegal or something and the rich will continue to get richer.

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