See corbic or the ape analogy I postedYes normal terms for us not stock savy talk would be appreciated thanks
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See corbic or the ape analogy I postedYes normal terms for us not stock savy talk would be appreciated thanks
Here is a politically incorrect satire joke about it. Some people will be offended don't shoot the messenger!!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.
Then Elephant bans apes from buying bananas.This.... written by some 19yr old on reddit View attachment 1686022
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They are selling stock they don't own to be delivered some point in the future. Stock goes down, they buy it and pocket the residual.How can someone earn money on a stock losing value?
I get the rest I think.
So he's threatening us?Billionaire investor Lee Cooperman on GameStop: This is not going to end well for the public
My son, 23, made $50K net in about two weeks on GameStop.