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A comment on GameStop Is Rage Against the Financial Machine. Parent comment

Re:GameStop Is Rage Against the Financial Machine by rank0 on Thursday January 28, 2021 @12:53AM (#25938703)
He's saying there's no such thing as fundamental value, and as a result, collectively pumping a stock to induce a short squeeze is no different that spotting an undervalued company.

Anyone with half a brain should be able to recognize that GME moving from a 900m market cap to a 30b market cap in a few weeks is completely nonsensical.

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Re:GameStop Is Rage Against the Financial Machine by chillacy on Friday January 29, 2021 @06:40PM (#25964345)
I mean, he literally just said that money is a construct, and maybe implied that fundamental value is too, which is sort of a reductive argument, but going from that to "market manipulation" and "there should be no real rules" is a strawman argument.
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