This a legit possibility
@Hauler ?
@Hauler ?
Sure. If people are stupid.This a legit possibility
Stupid is as stupid does.
When/if it crashes, people buying at the top will lose their ass.
No different than any stock. It went up. It can certainly come down.
I'm just repeating what I saw them fancy news folk saying. But if I understand this correctly, there's a lot of people buying a little bit of stock, correct? So if (when) it tanks, if I get in at $300 and buy a whopping 2 shares to play along, I'm out $600. Which is what I'm under the impression of what's happening. Unless people are actually putting everything they have into it. Which would not be wise, even to a simpleton like me.
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Yes. That's their strategy. A bunch of small orders placed higher than the market to increase price share.
But I'm sure some folks are going heavy. I saw some dude post that he made 3.8 million yesterday.
But the news folks and the brokers acting like they give a single fuck about the retail buyers is a crock of shit. It's about control - and right now they have none.
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Biden administration 'monitoring the situation' with GameStop's stock, White House says
White House press secretary Jen Psaki on Wednesday said Treasury Secretary Janet Yellen and others in the Biden administration are keeping an eye on the huge...
www.marketwatch.com
That's a really good question.
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Our economic team, including Secretary Yellen and others, are monitoring the situation. It's a good reminder, though, that the stock market isn't the only measure of the health of our economy,
Haha. Good luck man.
The guy who bought at the top yesterday already doubled up today.
We're off to the fucking moon
You're so much sexier as a capitalist.
They have a float of roughly 100 million.
That is some serious day trade action to get to 1 billion.
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My MAN!
100 bucks of stock for 5k...
4900 fee to destroy billions of the gilded class.
Priceless.
What does this mean for my single stock? Lol
Look. I was already worried because before I went in to work it was all the way down to $13. I’m not here to lose $2! ??
I have a friend in a whale group. The crypto guys have such big pots that they legitimately manipulate the market and they do it for fun. They don't care about people's life savings, they make memes about it and laugh about destroying people.
Anyway, he told me what they're planning and this is going to get worse/funnier. It's now a war and I think we'll see more hedge funds go under.
Anyway, he told me what they're planning and this is going to get worse/funnier. It's now a war and I think we'll see more hedge funds go under.
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They can monitor these nuts.
This is awesome. My wife and I were just talking about Trigger Happy last night, the giant cell phone scenes in particular.