Re:Wall Street was the real winner of the GameStop saga
by cirgue on Monday February 07, 2022 @09:20AM
(#30245171)
WSB started as a canard to get more drunk tourists to the small stakes poker tables, in this analogy the poker table is low volume options where you can get a handful of robinhood investors to move the price and make a quick thousand bucks. It’s still that today, but larger players with more money figured out that they could do that too, and potentially on a larger scale. That’s what this has always been about. There’s no movement, there’s no postmodern narrative, it’s just a bunch of people pumping and dumping and using the “movement” thing as a fig leaf.
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Re:Wall Street was the real winner of the GameStop saga
by spelunker on Monday February 07, 2022 @12:58PM
(#30248479)
Just like crypto! Hey, wanna buy into ShibaInuElonIsTheBestCoin? I hear it's gonna pump soon.
Re:Wall Street was the real winner of the GameStop saga
by Bombthecat on Monday February 07, 2022 @02:52PM
(#30250061)
Shiba just pumped hard for no reason.. Really.. Market is still full of shit..
Re:Wall Street was the real winner of the GameStop saga
by wsb_mod2 on Monday February 07, 2022 @10:02AM
(#30245741)
> WSB started as a canard to get more drunk tourists to the small stakes poker tables
1. WSB was created before Robinhood was released.
2. WSB started as a place for people to discuss more risky strategies than what was being discussed on r/investing
3. Yes. There is no movement. WSB is not your personal army.