The political landscape a wasteland, the meme lords move to Wall Street.

Discussion in 'The Red Room' started by Ancalagon, Jan 26, 2021.

  1. Bailey

    Bailey It's always Christmas Eve Super Moderator

    Joined:
    Apr 1, 2004
    Messages:
    27,146
    Location:
    Adelaide, South Australia
    Ratings:
    +39,744
    These interview clips are great:



    • popcorn popcorn x 2
    • Winner Winner x 1
    • Happy Happy x 1
  2. Ten Lubak

    Ten Lubak Salty Dog

    Joined:
    Dec 6, 2006
    Messages:
    12,406
    Ratings:
    +27,495
    This whole thing is pretty interesting. All it took was shutting down travel, bars, restaurants, concerts and daily human interaction to make the people realize how much power they have

    No idea on whether this is a good thing or not, but I’m enjoying watching it unfold!
    • Agree Agree x 4
    • popcorn popcorn x 3
  3. Tererune

    Tererune Troll princess and Magical Girl

    Joined:
    Jul 5, 2014
    Messages:
    37,678
    Location:
    Beyond the Silver Rainbow
    Ratings:
    +27,162
    I wonder if this will cause them to give up the method, or if they will just bail out the loser and still allow shorting to continue. If this goes to regulation that ends this form of fixed gambling on the destruction of others then awesome. However, given the size and durability of the rich I am pretty sure they can outlast the pranksters who cannot sustain the losses so they can keep the income redistribution to the rich through the use of shorting.

    It seems to me there was a huge mistake made by an all in on a particular stock by a particular hedge fund operator. If this shit was diversified the losses would not have threatened the existence of this hedge fund. Instead it seems like they caught one greedy operator with way too much of their ass hanging out. Why give up the rest of the scam because one person got screwed, especially when there is no way for the poor to maintain the attack over all.
    • TL;DR TL;DR x 1
  4. Bailey

    Bailey It's always Christmas Eve Super Moderator

    Joined:
    Apr 1, 2004
    Messages:
    27,146
    Location:
    Adelaide, South Australia
    Ratings:
    +39,744
    GSE.JPG
    • Funny Funny x 8
  5. Tuckerfan

    Tuckerfan BMF

    Joined:
    Oct 13, 2007
    Messages:
    77,518
    Location:
    Can't tell you, 'cause I'm undercover!
    Ratings:
    +156,351
    8F31D97D-84AC-4560-A998-CEDFE45F3A3E.jpeg
    • Winner x 2
    • Agree x 1
    • Funny x 1
    • popcorn x 1
    • Love x 1
  6. Bailey

    Bailey It's always Christmas Eve Super Moderator

    Joined:
    Apr 1, 2004
    Messages:
    27,146
    Location:
    Adelaide, South Australia
    Ratings:
    +39,744
    unregulatedMarket.JPG
    • Funny Funny x 4
    • Winner Winner x 1
    • Love Love x 1
  7. Fisherman's Worf

    Fisherman's Worf I am the Seaman, I am the Walrus, Qu-Qu-Qapla'!

    Joined:
    Apr 3, 2004
    Messages:
    30,591
    Ratings:
    +42,997
    Wow a rare shout out from AOC to Wordforge.
  8. Elwood

    Elwood I know what I'm about, son.

    Joined:
    Mar 23, 2004
    Messages:
    30,008
    Location:
    Unknown, but I know how fast I'm going.
    Ratings:
    +25,065
    I struggled over where to put this one:

    [​IMG]
    • Agree Agree x 9
  9. Elwood

    Elwood I know what I'm about, son.

    Joined:
    Mar 23, 2004
    Messages:
    30,008
    Location:
    Unknown, but I know how fast I'm going.
    Ratings:
    +25,065
    Apparently a second hedge fund has called it quits and the two combined have lost billions.

    [​IMG]

    Get pullin' on them bootstraps, guys.
    • Agree Agree x 2
    • Winner Winner x 2
    • Funny Funny x 1
    • Love Love x 1
  10. steve2^4

    steve2^4 Aged Meat

    Joined:
    Nov 11, 2004
    Messages:
    15,846
    Location:
    Dead and Loving It
    Ratings:
    +13,945
    up $100 last night in after hours trading. Fun to watch, but T's right. The bubble will burst and the little guys will be left holding the bag (sorry, I don't know any good market metaphors either).

    upload_2021-1-28_8-25-46.png
  11. TheBurgerKing

    TheBurgerKing The Monarch of Flavor

    Joined:
    Jun 12, 2009
    Messages:
    3,987
    Location:
    In a Baneblade
    Ratings:
    +2,619
    robbedyouhoodjpg.jpg

    NO YOU FUCKING PLEB, YOU AREN'T ALLOWED TO BUY THIS STOCK, IT'S HURTING YOUR BILLIONAIRE BETTERS.
    • Angry Angry x 1
  12. steve2^4

    steve2^4 Aged Meat

    Joined:
    Nov 11, 2004
    Messages:
    15,846
    Location:
    Dead and Loving It
    Ratings:
    +13,945
    silly robinhood.

    I bought a couple shares on fidelity at $410. It's all over the place. I need dumb money to support my dumb money. Down $10 at the moment.

    upload_2021-1-28_10-30-27.png

    upload_2021-1-28_10-34-9.png
  13. Chaos Descending

    Chaos Descending 14th Level Human Cleric

    Joined:
    Jul 24, 2018
    Messages:
    3,600
    Location:
    Arizona
    Ratings:
    +5,570
    [​IMG]
    • popcorn popcorn x 4
    • Winner Winner x 3
  14. steve2^4

    steve2^4 Aged Meat

    Joined:
    Nov 11, 2004
    Messages:
    15,846
    Location:
    Dead and Loving It
    Ratings:
    +13,945
    They seem to periodically suspend trading when it dives. Down $80. There goes my bottle of single malt.

    upload_2021-1-28_10-46-5.png
  15. steve2^4

    steve2^4 Aged Meat

    Joined:
    Nov 11, 2004
    Messages:
    15,846
    Location:
    Dead and Loving It
    Ratings:
    +13,945
    suspended at $297. There goes my blow.
  16. steve2^4

    steve2^4 Aged Meat

    Joined:
    Nov 11, 2004
    Messages:
    15,846
    Location:
    Dead and Loving It
    Ratings:
    +13,945
    suspended at $264. there goes my hookers.
  17. steve2^4

    steve2^4 Aged Meat

    Joined:
    Nov 11, 2004
    Messages:
    15,846
    Location:
    Dead and Loving It
    Ratings:
    +13,945
    Sold at $268. Lost $300 for my little play. T was right.

    suspended at $237 now.

    Millions of small traders are crying in their suds now. The short sellers are laughing all the way to the bank.

    Gonna have to jerk off with a coke to pornhub now. Don't do this at home.
    • Funny Funny x 1
  18. steve2^4

    steve2^4 Aged Meat

    Joined:
    Nov 11, 2004
    Messages:
    15,846
    Location:
    Dead and Loving It
    Ratings:
    +13,945
    Suspended at $196
  19. steve2^4

    steve2^4 Aged Meat

    Joined:
    Nov 11, 2004
    Messages:
    15,846
    Location:
    Dead and Loving It
    Ratings:
    +13,945
    Suspended at $153
  20. Ten Lubak

    Ten Lubak Salty Dog

    Joined:
    Dec 6, 2006
    Messages:
    12,406
    Ratings:
    +27,495
    Apparently Robinhood has removed GameStop and AMC from their trading platform, which seems like a terrible move
    Last edited: Jan 28, 2021
    • Agree Agree x 1
    • Funny Funny x 1
    • Angry Angry x 1
    • popcorn popcorn x 1
  21. steve2^4

    steve2^4 Aged Meat

    Joined:
    Nov 11, 2004
    Messages:
    15,846
    Location:
    Dead and Loving It
    Ratings:
    +13,945
    suspended at $126
  22. TheBurgerKing

    TheBurgerKing The Monarch of Flavor

    Joined:
    Jun 12, 2009
    Messages:
    3,987
    Location:
    In a Baneblade
    Ratings:
    +2,619
    Not only that, it looks like robinhood is selling people's stock in $GME without their consent.
    • Angry Angry x 2
    • Facepalm Facepalm x 2
    • popcorn popcorn x 1
  23. steve2^4

    steve2^4 Aged Meat

    Joined:
    Nov 11, 2004
    Messages:
    15,846
    Location:
    Dead and Loving It
    Ratings:
    +13,945
    I don't think that's possible. It could be they're only processing sell orders...
  24. steve2^4

    steve2^4 Aged Meat

    Joined:
    Nov 11, 2004
    Messages:
    15,846
    Location:
    Dead and Loving It
    Ratings:
    +13,945
    Might be heading back up now. Suspended at $155. this is some strange shit.
  25. TheBurgerKing

    TheBurgerKing The Monarch of Flavor

    Joined:
    Jun 12, 2009
    Messages:
    3,987
    Location:
    In a Baneblade
    Ratings:
    +2,619
    it's people fighting naked market manipulation. The rules go out the window when the rothchilds can't buy their 900th private island.
  26. Jenee

    Jenee Driver 8

    Joined:
    Jan 20, 2008
    Messages:
    25,737
    Location:
    On the train
    Ratings:
    +20,057
    We found out with the Wolf of Wall Street that it's ok to screw the poor or middle class. But, if you try to screw the rich, you will lose everything.
    • Winner Winner x 4
    • popcorn popcorn x 1
  27. steve2^4

    steve2^4 Aged Meat

    Joined:
    Nov 11, 2004
    Messages:
    15,846
    Location:
    Dead and Loving It
    Ratings:
    +13,945
    suspended at $196
    upload_2021-1-28_11-42-46.png
  28. Ten Lubak

    Ten Lubak Salty Dog

    Joined:
    Dec 6, 2006
    Messages:
    12,406
    Ratings:
    +27,495
    Of course you base your knowledge of the pitfalls of economics off of the wolf of Wall Street. Of course
  29. steve2^4

    steve2^4 Aged Meat

    Joined:
    Nov 11, 2004
    Messages:
    15,846
    Location:
    Dead and Loving It
    Ratings:
    +13,945
    went up to $249 and another selloff triggered suspension at $207.
  30. Chaos Descending

    Chaos Descending 14th Level Human Cleric

    Joined:
    Jul 24, 2018
    Messages:
    3,600
    Location:
    Arizona
    Ratings:
    +5,570
    Imagine having bought a ton of shares of this on April 3rd, 2020 at $2.80 per and then selling it all off yesterday.
    • Sad Sad x 2
    • Agree Agree x 1