Comment by [deleted] on 27/01/2021 at 01:47 UTC*

1776 upvotes, 8 direct replies (showing 8)

View submission: /r/wallstreetbets is making international news for counter-investing Wall Street firms that want to see GameStop's stock collapse. The palpable excitement is off the charts.

View parent comment

[deleted]

Replies

Comment by Koioua at 27/01/2021 at 03:16 UTC

178 upvotes, 2 direct replies

I'm just imagining a board of investors facepalming as what they expected as big wins turned out into a shit show because some guys happened to make their stocks trendy.

Comment by mad87645 at 27/01/2021 at 02:29 UTC

661 upvotes, 4 direct replies

Stockmarket laws do seem deliberately written so that it's ok to manipulate the market so you can make a profit but that others aren't allowed to manipulate it to stop you.

Says alot about our society that, so long as a profit is made that's all that matters.

Comment by WSB_News at 27/01/2021 at 06:20 UTC*

15 upvotes, 1 direct replies

angle doll cable toothbrush jeans entertain quarrelsome strong terrific skirt `this message was mass deleted/edited with redact.dev`

Comment by Hauberk at 27/01/2021 at 04:29 UTC

9 upvotes, 0 direct replies

Rules for thee but not for me

Comment by ccache at 27/01/2021 at 20:22 UTC

2 upvotes, 0 direct replies

Can someone explain to me how this is manipulation? I'm sure citron, and some others would like to call it that but I don't see manipulation happening here. I'm no stock expert... Citron sold short, some users on reddit bought the stock, created a short squeeze which made the GME worth even more. That's just trading stocks... Sounds to me like citron & co are just mad because some random people won this round.

Comment by AdmiralissimoObvious at 27/01/2021 at 18:56 UTC

1 upvotes, 0 direct replies

JFC, it really is that fucking obvious, isn't it?

I should have been the one to make your observation :C

Comment by Cadmium_Aloy at 27/01/2021 at 19:21 UTC

1 upvotes, 0 direct replies

Something about her mentioning they would get the SEC involved just rings really fucking hollow considering their failures in 2008. Fuck her and fuck the SEC.

Comment by IwantmyMTZ at 27/01/2021 at 19:56 UTC

1 upvotes, 0 direct replies

Exactly! I’d argue the restrictions that brokerage firms are putting into place is illegal. People can buy whatever they want with their own money. Sure they can decide no margin as that is not your own money. But any other restriction is illegal IMO