543 upvotes, 7 direct replies (showing 7)
Imagine being a stock broker and having all your carefully laid schemes ruined by shitposting.
Comment by [deleted] at 27/01/2021 at 04:26 UTC
573 upvotes, 4 direct replies
No offense to vultures, but the sheer greed and arrogance of these short sellers risking so much on $GME dying really makes them come off as dirty stinking vultures. However people feel about Gamestop as a company, giving these big firms their comeuppance is something I can get behind. That and revealing the hypocrisy of wall street when they complain about a bunch of little guys mAnIpUlAtInG the market tastes so good when they do this shit all the time.
Comment by TranClan67 at 27/01/2021 at 08:42 UTC
15 upvotes, 1 direct replies
You don't even have to be a stock broker. One of the people in my friend group always makes fun of me for stock shit like this.
-10 years ago: Bitcoin is worthless trash
-A couple months ago: Tesla doesn't have the fundamentals. Don't buy into it.
-Gamestop going up makes no sense. It has no fundamentals.
Honestly I'm just happy that he's wrong cause fuck him.
Comment by lietuvis10LTU at 27/01/2021 at 15:05 UTC
2 upvotes, 0 direct replies
Hey, when you short, you gotta know the risk.
Comment by [deleted] at 27/01/2021 at 17:02 UTC
2 upvotes, 0 direct replies
It wasnt even carefully laid out. It's an incredibly stupid risky move to 140% naked short a company thats not speed running to 0, and then not take the due diligence to prevent people from knowing you did that. They fucked up, showed everyone their cards when they didnt have to, and now are getting burnt because their cards were "we are taking retarded levels of risk".
Just shows how lazy wallstreet has grown that they wont even take neccesary risk management steps while making retarded plays because 99.9% of the time nobody will call them on it, and they profit hand over foot.
Comment by MonsieurAuContraire at 27/01/2021 at 21:29 UTC
2 upvotes, 0 direct replies
Imagine losing billion$ all because of meme magic!
Comment by furlesswookie at 27/01/2021 at 14:56 UTC
1 upvotes, 0 direct replies
Even worse is having your carefully laid scheme undone by Bernie Sanders memes.
Comment by [deleted] at 27/01/2021 at 22:10 UTC
1 upvotes, 0 direct replies
When I think about rich people getting destroyed in any way, but especially financially, it makes me touch myself.