Comment by ThisHatRightHere on 27/01/2021 at 21:23 UTC

30 upvotes, 2 direct replies (showing 2)

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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As with almost everything involving the stock market. The people who manage risk successfully with an exit strategy make a killing while most people get out too early or too late.

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Comment by Lost4468 at 28/01/2021 at 00:37 UTC

10 upvotes, 0 direct replies

No you just YOLO it buddy. Quite simple.

Comment by headphase at 28/01/2021 at 08:41 UTC

7 upvotes, 1 direct replies

That’s the biggest worry with WSB right now. Normally the aggressive shitposting atmosphere serves as an adequate gate to people who aren’t ready to assume insane risk with these monkey brain plays. But the sub is being normified by the minute, and the last 24hrs has been a flood of new properly-punctuated comments from people who are brand new little fetuses to meme trading, or even just any trading at all, talking about investing their critical savings, rent money, etc. in GME. Lots of these people don’t even realize they’ll be bagholders... they just assume the exit will be obvious and orderly.

It’s almost a parallel to what happened to T_D in 2015. The broad spotlight is starting to attract the blind true-believing masses who aren’t just in it for memes and the occasional gain porn.