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Re:GameStop Is Rage Against the Financial Machine by nightowl_games on Wednesday January 27, 2021 @02:19PM (#25932568)
Fair assessment.

I am just pushing back at the narrative that this is a "win" for the little guy and a "loss" for wall street.

Retail investors putting money into the market _at all_ is a net win for wall street _every time_ imo.

Re:GameStop Is Rage Against the Financial Machine by ds206 on Wednesday January 27, 2021 @04:38PM (#25934341)
> Retail investors putting money into the market _at all_ is a net win for wall street _every time_ imo.

This is what I think to myself everytime I see one of those Acorn ads.

Re:GameStop Is Rage Against the Financial Machine by freeone3000 on Wednesday January 27, 2021 @05:00PM (#25934626)
What's the other side, though? Putting it into savings, at 0.5%? Forex?

The game is rigged against you, but you're still better off if you play.

Re:GameStop Is Rage Against the Financial Machine by boringg on Wednesday January 27, 2021 @02:59PM (#25933128)
Don't disagree with you - the markets are heavily balanced in favor of entrenched players who have informational, scale and timing advantages (ie wall street). I do think that there's something else at play here ... we will have to see what happens over the next couple of weeks as things shake out.
Re:GameStop Is Rage Against the Financial Machine by boringg on Wednesday January 27, 2021 @03:00PM (#25933149)
Also - Citron has already said that they will take this trade into account in how they allocate in the future. I don't think this will really change anything though.