Comment by William_T_Wanker on 27/01/2021 at 02:59 UTC

-5 upvotes, 5 direct replies (showing 5)

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.

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"little guys"

Ah yes, wealthy upper middle class rich kids are sticking it to the wealthy billionaires!

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Comment by Buck_Your_Futthole at 27/01/2021 at 03:09 UTC

14 upvotes, 0 direct replies

Size is relative.

Comment by Senth99 at 27/01/2021 at 03:34 UTC

15 upvotes, 0 direct replies

That's a harsh comparison considering what investing was like before; you had to pay fees and go through the same banks, hedge funds willing to screw you despite giving your money.

Now its different; not only is information on trading available with ease, but people no longer have to pay fees as well. Most importantly, anyone should have access to the markets, not a bunch of boomers who've been fucking people over for years.

Comment by crazydr13 at 27/01/2021 at 04:00 UTC

19 upvotes, 0 direct replies

Little guys as in the ones not actively hoping for 50,000 people lose their jobs if GameStop goes under.

I have a family friend who’s involved in the financial side of a company that is trying to develop the first non-toxic cancer treatment for a specific kind of head and neck cancer. He says the company has nearly gone bankrupt so many times because large hedge funds executed large short attacks against them, a company trying to save thousands of lives. This story is echoed across many companies developing life saving, ground breaking, society altering tech. Sure, not all of them will succeed, but it takes a certain kind of evil to bet against them.