Reddit poster goes from $50k to $11 million off Gamespot stock( now $48 mil)

[Astroslik]

absolutely. melvin capital and citron research shorted GME to a ridiculous level. The short ratio was around 140% which was beyond greed and not normal. This is why GME is going up. because of gamma squeezes. When the short squeeze occurs some time after friday it will shoot up that high.

What about these regulators shutting down GameStop trades right now?

 

[Huda2daf]

fukk the system.

 

[NotaPAWG]

You really think it’s hitting $1k?

Yes

 

[ORDER_66]

Yahoo is now a part of Verizon Media

Party's about to be over... white folks dont like it when outsiders fukk up THEIR money train...

 

[CrimsonTider]

What about these regulators shutting down GameStop trades right now?

It’s not regulators. It’s something that was put in place during the Great Recession to prevent a total wipeout

 

[Astroslik]

It’s not regulators. It’s something that was put in place during the Great Recession to prevent a total wipeout

That is....a regulation right?

 

[Astroslik]

Yes

shyt was $38 just a week ago

 

[Rekkapryde]

There is a very, very serious downside to WSB or any public forum where anon users can hype up herd mentalities. WSB just so happens to be money oriented; TLR has a different purpose.

It's all fun and games now, when one of two things happens WSB is done: reddit files for an IPO, or the day traders get led off a cliff by the agents rallying them for giggles. Then things will get very serious very quickly.

that just signals that the system itself is flawed and has always been.

 

[CrimsonTider]

That is....a regulation right?

My point is that it isn’t someone pulling the triggers. It’s an automated process to prevent financial collapse

the same thing happened multiple times last March

 

[NotaPAWG]

Good video on NOK

 

[Astroslik]

My point is that it isn’t someone pulling the triggers. It’s an automated process to prevent financial collapse

the same thing happened multiple times last March

I see I see

 

[Olmec]

Chamath is spitting facts!

 

[MajesticLion]

that just signals that the system itself is flawed and has always been.

Ever-evolving tech, rarely-evolving people.

 

[Astroslik]

Chamath is spitting facts!

What’s he saying?

 

[1thouwow]

So just hold on everything?