The Battle of GameStop

Re:The Battle of GameStop by IIAOPSW on Monday January 25, 2021 @10:40PM (#25912234)

You're not quite getting what I'm saying. A bubble like beanie babies and dutch tulips is still a logical consequence of seeking financial gain. A bubble is a game of chicken. It is about knowing when to jump off. This is a new phenomena. It is no longer about just making the bull thesis or the bear thesis. It is now persuasive to make the "this will fuck over a hedge fund manager" thesis. We need to add an entirely new animal to the metaphor.

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Re:The Battle of GameStop by brandonr49 on Tuesday January 26, 2021 @12:56AM (#25913031)

Strong vote for this new animal being Badger. Bull vs Bear vs Badger

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Re:The Battle of GameStop by admax88q on Tuesday January 26, 2021 @11:57AM (#25918156)

I dont understand why you consider this to be a different phenomena than a bubble.

Its still a bubble, people are still doing it for financial gain. Its just marketed as "doing this will screw hedge fund managers" to generate more hype.

Its not a new phenomena, its just a new marketing strategy.

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Re:The Battle of GameStop by Apocryphon on Tuesday January 26, 2021 @06:31PM (#25922303)

Traders urging others to "hold the line" and to not sell is new marketing, and if everyone believes in it, why isn't it new phenomenon?

https://twitter.com/HenryEnglert/status/1353773947804917760/...

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Re:The Battle of GameStop by anonymouse008 on Monday January 25, 2021 @10:48PM (#25912278)

It sounds like new regulation before we begin 'pricing it in'

But I love the thoughts and agree with the analysis

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Re:The Battle of GameStop by colourgarden on Tuesday January 26, 2021 @11:03AM (#25917336)

"Drain the swamp" == "this will fuck over a hedge fund manager".

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Re:The Battle of GameStop by rank0 on Tuesday January 26, 2021 @11:25AM (#25917649)

This is silly. If there was no possibility for financial gain, nobody would be investing in GME.

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Re:The Battle of GameStop by SpaceRaccoon on Tuesday January 26, 2021 @11:55AM (#25918108)

No, I have friends who have put thousands on the line who are happy to lose it if it bankrupts Melvin Capital.

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Re:The Battle of GameStop by rank0 on Tuesday January 26, 2021 @04:19PM (#25921197)

Your friends are lying through their teeth.

Do you honestly believe these people aren't motivated by profit, when they are clearly entering long positions with the intention of driving up GME's price? It's straight up doublespeak.

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Re:The Battle of GameStop by kortilla on Wednesday January 27, 2021 @01:35AM (#25925009)

A $1000 ticket to punch a 0.1% right in the balls is a worthy trade for many. People donate to political parties just to fuck the other party.

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Re:The Battle of GameStop by rank0 on Thursday January 28, 2021 @11:04AM (#25943984)

Except its not just a $1000 ticket to punch a 0.1%. They also believe the ticket will be worth $10,000 afterwards.

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Re:The Battle of GameStop by SpaceRaccoon on Friday January 29, 2021 @01:42AM (#25954748)

Are you speaking for yourself or-?

I threw in 1k with the hope that it will cost some billionaires a lot of money. I'm ready to lose it. Shorts already lost 100+ billion this month.

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Re:The Battle of GameStop by rank0 on Thursday February 04, 2021 @05:07PM (#26030349)

You fell for the marketing. Billionaires were on both sides. The bulk of the damage is done to uneducated vulnerable retail investors.

So now you're out $1000. You contributed to a scheme which ironically was a net loss for retail. If this were really not about making a profit, you'd see people donating their gains or buying shares for other people, and nobody would be cashing out. Are you still in the trade? What are you going to do with your gain/loss?

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