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GME trading at 311 today...
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GME trading at 311 today...


Jan 29, 2021, 10:38 AM

probably a good time to short it.

2024 purple level memberbadge-donor-15yr.jpgbadge-ringofhonor-fordprefect.jpg flag link military_tech thumb_downthumb_up

Imagine how this guy must feel


Jan 29, 2021, 10:54 AM

@deepfckingvalue is the guy who rolled first the dice on GME two years ago, and was the laughingstock of the reddit sub.

Here are the modest positions he opened. Classic contrarian.

https://pbs.twimg.com/media/EsuTv_tVkAYf2u2?format=jpg&name=large

flag link military_tech thumb_downthumb_up

his post last night was over $33M total value


Jan 29, 2021, 11:39 AM

with the price at 3xx today, he's back up to the 40-50M range.

he will be an eternal god on wsb lol

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lulz. Since it's a thing, I've done some research.


Jan 29, 2021, 10:55 AM

Turns out it's NOT just the little guy sticking it to Wall Street via Reddit and memes, which is all good with me. I am always for the little guy.

BUT turns out some of the West Coast Techie Disrupter billionaires are pushing this for their own ends as well. I knew about Elon, but this guy Chamath Palihapitiya is all up in it too. These nerds are essentially declaring war on Wall Street and DC.

Now is some ways this is very good. They are calling bullsh*t on the whole game and helping the little man in the process. OTOH, the tech companies, especially the Big Four (Apple, Google, Facebook, Amazon) are monopolies AND they have clearly been found to be unscrupulous at best and intentionally harmful at worst. Not good. True Fascism is when the government and business are one. That's what the Tech Giants want to move toward and they are essentially ungoverned as is. I do hope the Dems will work on that.

2024 white level memberbadge-donor-05yr.jpg2016_nascar_champ.gif flag link military_tech thumb_downthumb_up


Right...it should be painfully obvious to people


Jan 29, 2021, 11:37 AM

that Reddit isn't the sole driver of this. There's no way. They are responsible for making the position popular, and probably hold responsibility for driving GME in particular from low teens to mid 40s - 50s. Once the sharks sensed blood in the water, it became open season, and that's what is now driving the surge and holding current price points.

All of the equities that are exposed have been reamed. Yet the only stock talked about on wsb is GME (some people talking BB, and some retards talking NOK (which isn't over shorted hehe))....but sure, this is the retards from Reddit doing this so let's regulate memes...
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