User Controls
Wrecked My Truck Last Night
-
2021-02-01 at 2:53 PM UTC
-
2021-02-01 at 2:57 PM UTC
-
2021-02-01 at 3:07 PM UTC
Originally posted by Kev i see, but wont the gubmint just bail the kikes out and cant the subreddit simply be censored?
The subreddit hasn't been censored yet. And even if it were you don't use Reddit to trade stocks. Ironically one of the apps they use for trading called "Robin Hood" stopped their users from buying gamestop stock, so anyone using that app could only hold their stock, or sell. Robin Hood has a fiduciary duty to the people using their platform to trade however, so they have two class action lawsuits coming their way. That's the latest i heard about that platform at least.
In any case the government might bail them out, they might not. If they do though on top of Biden's new 1.9 trillion dollar or thereabouts relief bill, the dollar is going to be losing value faster than it already is. Also, you can't really stop 100k people from buying different stock that the hedge funds are shorting to start up this cycle again. You do at some point have to stop bailing out hedge funds to the tune of billions of dollars, because you will inflate the dollar into oblivion if you do Weimar Republic style. -
2021-02-01 at 3:24 PM UTC
Originally posted by Sophie The subreddit hasn't been censored yet. And even if it were you don't use Reddit to trade stocks. Ironically one of the apps they use for trading called "Robin Hood" stopped their users from buying gamestop stock, so anyone using that app could only hold their stock, or sell. Robin Hood has a fiduciary duty to the people using their platform to trade however, so they have two class action lawsuits coming their way. That's the latest i heard about that platform at least.
In any case the government might bail them out, they might not. If they do though on top of Biden's new 1.9 trillion dollar or thereabouts relief bill, the dollar is going to be losing value faster than it already is. Also, you can't really stop 100k people from buying different stock that the hedge funds are shorting to start up this cycle again. You do at some point have to stop bailing out hedge funds to the tune of billions of dollars, because you will inflate the dollar into oblivion if you do Weimar Republic style.
the peasants occupying wall street for real, i love it. this is the kind of raid that shouldve been coordinated on 4chan and totse but alas, we were young kids with little money back then.
but im still not convinced that this will do any meaningful damage to the elites, they control the economy, they own all the properties and companies. all they have to do is keep raising the costs of living when they arent happy with their earnings. half the country isnt even participating in the stock market because everybody is living paycheck to paycheck. -
2021-02-01 at 3:25 PM UTC
Chin nuts? -
2021-02-01 at 4:21 PM UTCNo pics?
Seriously?? -
2021-02-01 at 5:48 PM UTC
Originally posted by Kev the peasants occupying wall street for real, i love it. this is the kind of raid that shouldve been coordinated on 4chan and totse but alas, we were young kids with little money back then.
but im still not convinced that this will do any meaningful damage to the elites, they control the economy, they own all the properties and companies. all they have to do is keep raising the costs of living when they arent happy with their earnings. half the country isnt even participating in the stock market because everybody is living paycheck to paycheck.
It's a start. Big money will wise up to this though. If firm X is over shorting stock A and reddit wants to kill firm X, reddit might pull a short squeeze again by buying up stock A. Now if firm Y buys a load of call options for stock A they are betting that reddit will make the value of stock A go through the roof. If reddit then proceeds with the short squeeze firm Y will make a ton of money. It's kind of an uno reverse on the situation. And it would be some serious 4D chess if both firm X and Y's portfolios are managed by an over-arching financial organization or fund. Resulting in net gains for the fund in question. -
2021-02-01 at 6:13 PM UTC
-
2021-02-02 at 12:52 AM UTC
Originally posted by mmQ Dude. Just go to the middle of a lake and swim to the bottom and stay there. Lol.
My involuntary nervous system would force me to attempt to survive by surfacing and gasping for air. The rapid buildup of CO2 in my blood would make my lungs burn. Primal instincts win every time. -
2021-02-02 at 12:53 AM UTC
-
2021-02-02 at 1:07 AM UTC
-
2021-02-02 at 3:28 PM UTC
Originally posted by Sophie It's a start. Big money will wise up to this though. If firm X is over shorting stock A and reddit wants to kill firm X, reddit might pull a short squeeze again by buying up stock A. Now if firm Y buys a load of call options for stock A they are betting that reddit will make the value of stock A go through the roof. If reddit then proceeds with the short squeeze firm Y will make a ton of money. It's kind of an uno reverse on the situation. And it would be some serious 4D chess if both firm X and Y's portfolios are managed by an over-arching financial organization or fund. Resulting in net gains for the fund in question.
so this is useless in the long run then? figures. -
2021-02-02 at 3:48 PM UTC
-
2021-02-02 at 3:52 PM UTC
-
2021-02-02 at 4:01 PM UTC
-
2021-02-02 at 5:22 PM UTC
-
2021-02-02 at 8:42 PM UTC
Originally posted by Kev so this is useless in the long run then? figures.
Not what i am saying, however, to keep the pressure up these reddit people will have to get smarter in their tactics as we move forward. I'll put it this way, they got off a good shot, when big money wasn't expecting it. So they managed to hurt them. Now big money has their metaphorical Eye of Sauron on them though. -
2021-02-03 at 2:35 PM UTC
Originally posted by Sophie Not what i am saying, however, to keep the pressure up these reddit people will have to get smarter in their tactics as we move forward. I'll put it this way, they got off a good shot, when big money wasn't expecting it. So they managed to hurt them. Now big money has their metaphorical Eye of Sauron on them though.
thats the thing, wall street has trillions of dollars and supercomputers at their disposal, they will always be able to rig the game in their favor and be one step ahead. the people caught one hedge fund off guard because shit like this never happened before, i get the impression it wont again.
as long as we play by their rules, they will always win.
