Some made a lot.
However the real point is that it's an attack on our masters and it cost them billions and billions.
The way the press was shrieking and saying that short squeezes are a white supremacist and incel thing let's you know it was a good thing.
they seriously called the buy brigade "degenerates." like those hook-nosed pedos are projecting or something.
I'm not saying some didn't, and honestly good for them.
I'm saying that you can't defeat a system by playing it. That's like trying to "break the casino's" because you found a way to cheat at roulette (for example). You think other casino's won't simply alter their games for adjustment ? With EVERY gambling institution, the "house always wins". Billions into a system where tens of trillions are is a drop in the bucket.
All the redditors should sell as fast as they can and be 1st in line for the payouts. When the stock drops that fantasy money will go away very quickly.
I think we've found one of Melvin Capital's sockpuppet accounts. Say "Hi" to Gabe for me!
hahahaha. Not even close. It's sad that running around here calling everyone who disagrees with you a jew gives you some weird dopamine rush.
Might wanna get some fresh air there, chief.
There will definitely be new processes put in place (and probably laws) to protect the elites. Can't have the commoners deprive the (((bankers))) of "their" money, can we?
A smart investor would look around and see the other situations happening.
1) Melvin needs to cover more than 100% of the shares?? does that mean he will end up owning the company?? (assuming he gets all of the shares - I don't know how that will work out)
2) other funds see the insanely high prices and short the stock
3) Melvin then refuses to sell?? takes the company private and squeezes the other shorts??
Wall street ends up being 100% screwed by themselves and congress, leading to investigations and new rules...
Fact. People should understand that it's the money itself that controls...not any "system" or political party. It's the fucking money.
Well, if by "smart" you mean recognizing short positions as having millions dumped into it and then having a counter culture online "community" start a campaign against it...yes.
1 - Melvin would have to cover the float, not the shares. The float is at this point is infinite and why they dried up. When the first day came and went and they couldn't cover their position, they were then forced to borrow more against the short ( push out the length) ...but the stock kept getting bought. Further Inflating its cost and forcing the bet against (the short) into further debt.
2 - " Other funds see the .." You think other hedge funds shorted a stock that was getting its ass kicked ? You don't understand very much about the market.
3 - Melvin sells and they have to cover the float ...again, learn how the market works.
Wall street didn't end up "being 100% screwed" a single hedge fund did. (and it got destroyed) For the final time, learn something about the market before speaking on it.
Kike!!!!
Don't forget that Ryan Cohen (en.wikipedia.org) is the biggest winner out of all. Owns 10% of the stake in GameStop. I hear no talk about this jew whatsoever and it bugs me. I agree with you in that the house always wins, but I think this was in some scope of their predictions. Possibly to make more regulations or whatnot.
There are no mistakes only victims
I saw this blip today.
This Foss guy did ok too. Ive tried to see if he's a (((he))) but there isnt much out there.
I'm saying that you can't defeat a system by playing it
This is true, but they don't want people to know that. When the rules are changed to protect the chosen winners, people will learn that lesson.
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