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/biz/ - Business & Finance

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26641071 No.26641071 [Reply] [Original]

Twitter is allowing this to appear on trending.
Brace yourselves.

>> No.26641108

>>26641071
1 GME = 1 BTC

>> No.26641230

> tulip mania, 1636
> gme, 2021
> has arrived
They're really gonna do it, aren't they?
They're gonna blame it on white supremacy and do a rewind the stock clock.

>> No.26641283

>>26641230
of the stock clock*

>> No.26641296

>>26641230
>reddit
>white suptemacy
wut?

>> No.26641327

>>26641296
Oh, that will be memory holed easily.
Or it will be "4chan racist trolls subverting Reddit"

>> No.26641385

>>26641230
What's a "rewind the stock clock"

>> No.26641393
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26641393

>>26641296

>> No.26641416

>>26641385
You'll see.
Extraordinary times demand extraordinary measures.

>> No.26641434

>>26641296
reddit has always been a white supremacist site

>> No.26641440

Let me tell you from someone who knows about these things: you aren't gonna win this in the end.

All good things come to an end. You'd be wise to remember this!

>> No.26641462
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26641462

>>26641296
Supremacist and antisemitic.

>> No.26641480

>>26641230
Redpill me on Tulip mania.

>> No.26641497

>>26641071
You guys can still buy.
BUY BUY BUY BUY

>> No.26641512

>>26641230
The problem is, that it's mostly reddit, that is involved in it. And since it's a left infested platform, they can't pull out this stunt. They also can't ban their subreddit, or they'd make mad millions of people, that could wake up because of it. Bailout would also make people mad, as democrats rhetoric is hypothetically against the rich elites. Jews might actually be outplayed this time.

>> No.26641524

>>26641416
Very cool, LARPer

>> No.26641536

>>26641440
This. Only the overlords are allowed to collude and manipulate markets. The underclass is not supposed to get easy money, so the laws will need to change.

>> No.26641597

>>26641462
>Goldberg

>> No.26641600

>>26641462
gibe link to vice

>> No.26641614
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26641614

>>26641071
Who cares.

This is all a distraction from DMG anyways. Thanks, plebbit!

>> No.26641623

>>26641462
i recently stopped going on reddit because it was too racist and xenophobic for me. that's why i've been on 4chan since November & it's been way more chill

>> No.26641629

>>26641230
The problem with tulip comparison is people were selling them to other consumers. Hediges have to buy back our gme

>> No.26641688

>>26641512
Is Reddit that left infested or is it all bots? I’ve tried to have intelligent conversations on some popular “news” subs and they just repeat a canned response and downvote me.

>> No.26641719

long the rumor short the news

>> No.26641764

I need to set my sell order much higher than 1000 dont I?

>> No.26641794

>>26641688
Probably both. Bots and literal retards who change their minds because bots spam the position they're coded to spam.

>> No.26641848

>>26641764
34k to beat AAPL as most valuable stock on the planet

>> No.26641980

>>26641480
>Early modern period Dutch snort a little too much of that new cocawhatever from the American colonies
>Decide to make fucking flowers the "stable" backer of their financial market
>All different seeds, breeds, and colors.
>Giant bubble forms
>It pops
>Economy goes down the shitter
It was basically what would happen if Beanie Babies became the physical backer of US dollars in the 90s.

>> No.26642007

>>26641462
Something about this whole reddit/biz/gme debacle had the stench of matzoh all over it... wtf are they up to now? Whatever it is can't be good.

>> No.26642039

>>26641462
This is fake, thus no link.

>> No.26642144

>>26641071
I am so far out of the loop on this

QRD?
How does making the price skyrocket fuck a holdings company? Wouldn't that be good for them?

>> No.26642261

>>26641848
Set to 3k. If it hits I walk out with 33k.

>> No.26642694

>>26641108
1 BTC = 1 BTC
gme can crash to zero next week and nobody gives a fuck, the important was starting wiping out leveraged kikes

>> No.26642788

>>26641071
Funny thing is, I don't even care if GME loses money, although I'm up plenty now. I'm in solely for the chaos, and I think a lot of other people are too.

>> No.26643365

>>26642144
I'm going to practice explaining this for the normies in my life.
Gamestop is failing. A financial institution decided to "short" GME shares. "Shorting" is when you pay a premium to lender to "borrow" shares. Your intent is to sell those shares immediately for a profit. Later you intend rebuy those stocks at a lower price, return them to the lender at the end of the contract, and pocket the difference. But if the prices get higher, you still have rebuy the shares, and you lose money.
The amount of "shorting" activity of any stock, along with the end date of these large lending contracts, is easily researchable. In a ridiculous twist Gamestop is shorted 130% and the end of contract for a large financial institution is Friday.
The price has risen exponentially, and this institution will be forced to "cover" by rebuying the stocks at a huge price, just to return them to their lender. This will only drive the price higher, as bitter normal people or "retail" set their "sell at" prices super high. The shorter will be forced to meet that price.
This is not uncommon. If a stock is heavily shorted, but the price miraculously goes up, shorts are forced to cover and drive the price up even more, until it reaches a point where is collapses again. This is called a short squeeze.
I think all this is correct.