Gamestop

03Sssnake

TK-421
Established Member
Joined
Dec 9, 2002
Messages
40,148
Location
not at my post...
907913_o.jpg?_nc_cat=108&ccb=2&_nc_sid=8bfeb9&_nc_ohc=qUDqLbmCiTwAX_uDEuM&_nc_ht=scontent-hou1-1.jpg
 

BlckBox04

I am the liquor
Established Member
Premium Member
Joined
Dec 24, 2007
Messages
8,496
Location
NJ
Do we think that this was to show China joe that the underground can **** his world up in payback for being a brain dead scumbag
 

Rb0891

Well-Known Member
Established Member
Premium Member
Joined
Feb 9, 2020
Messages
3,897
Location
Indiana
Do we think that this was to show China joe that the underground can **** his world up in payback for being a brain dead scumbag
Dude the perpetrators are mostly lefties. They just haven't figured out that these hedge fund guys support their favorite pols. Admittedly, some R scumbags as well.
 

boost88

Well-Known Member
Established Member
Joined
Dec 21, 2012
Messages
820
Location
decatur, il
It was never about politics. It was about "eating the rich". There's 3 people in this war. The average person, the hedges and the guy the bought in the middle and ****ed them both and made money. I put a buy order out incase gme tanked today and we'll it did and I made some decent money.

Sent from my SM-G988U using Tapatalk
 

sleek98

Well-Known Member
Established Member
Joined
Nov 19, 2012
Messages
2,168
Location
Kansas City, MO
I put in a buy order as well. Sold a few hours later for a small gain. Will keep putting in orders incase of a dip, just using my fun money for now so nothing huge but gives me something to follow at work vs watching YouTube.
 

Corbic

Well-Known Member
Established Member
Premium Member
Joined
Apr 14, 2015
Messages
10,930
Location
Desert Oasis
Read through this thread and I’m more confused than I was when I clicked the link.
Hedge Funds had 120-130% of Gamestop (GME) stock on short-sell at like $4/share.

Short Sell, is betting it loses value. For every dollar it drops, you make a dollar. But if it gains value, you owe the difference.

People saw this and started buying GME, drove up the value to $350/share until Big Tech stepped in to **** the working man over and freeze stock buying on all the apps.

People are also buying other stocks that have been targeted for short-sells, Bed Bath and Body, AMC Movies, Nokia, American Airlines, etc.

Hedge Funds have lost $70B in total.
Gamestop cost these faggits $1B.

People are now suing Robin Hood, tech companies are also banning forums and servers. Discord just booted the stock forums.
 

boost88

Well-Known Member
Established Member
Joined
Dec 21, 2012
Messages
820
Location
decatur, il
It's like buying stocks with other people's money pretty much

There's a good explanation in normal terms I'll see if I can find it

Sent from my SM-G988U using Tapatalk
 
Last edited:

Corbic

Well-Known Member
Established Member
Premium Member
Joined
Apr 14, 2015
Messages
10,930
Location
Desert Oasis
How can someone earn money on a stock losing value?

I get the rest I think.
Corbic "borrows" 10 stocks from Biden at $10/ea but says he will buy them next week at next week's market price.

Corbic sells the stock today at today's price of $10/ea to Trump.

Next week the stock loses value and is now worth $7. Corbic then pays Biden $7 per stock.

Corbic made $3/each. Biden and Trump lost money. Corbic buys a new yacht.
 

Users who are viewing this thread



Top