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

[kevin arnold]

How many you planning on buying breh? It’s almost $2.

like 3500 or so...I’m going big fukk it

 

[ISO]

They chose a shytty ass company to inflate

 

[kevin arnold]

You think it’ll get that high?

that’s my money I’m putting in...even if it just jumps up like $2 that’s 10k

 

[ISO]

..shyt like this is why nikkas is FOOLS to disregard Reddit .

its gems in all those financial subreddits.


nikkas are banking heavyyyyyyy

They swear it’s all racist cacs on there fukking idiots

 

[Neo. The Only. The One.]

They swear it’s all racist cacs on there

Man, I'm all up and through reddit. SOOOO much good information over there. I wish the coli was more like they are with the subs for different real life issues and concerns that can help ppl get ahead.

 

[karim]

Explain this like im 5

Basically, the game is rigged and everybody knows the game is rigged. So this is about sending a message to wallstreet: "You might have been able to fukk us over in the past, but we have the internet now, which means average joes can basically crowdfund investments, which means we can compete with you guys financially and use your complacency, your greed and your own tricks to fukk you over"

They are basically doing to the stock marked what Barack Obama and Bernie Sanders did to campaign financing.

 

[96Blue]

They swear it’s all racist cacs on there

Fax, I've been on Reddit for a minute and have said it on here.

There is a lot of hidden gems on Reddit (the internet in general), you just gotta look for em.

 

[Afro]

Made $89 on Nakd so far. For somebody that was just trying to do this to pay my phone bill this month, this ain't bad. this ain't bad at all

shyt, you in, Im in

My rent can wait a lil

 

[Neo. The Only. The One.]

I'm up $140 on Nakd. That's my phone bill right there

 

[OnlyOneBoss]

Reddit told them boys to get the fukk out.


Y’all better subscribe before they make the sub private

 

[Macallik86]

Explain this like im 5

What Twitter thinks is happening:

Spoiler

What's really happening:

Spoiler

Markets have been playing cat and mouse with people that try and corner a stock/sector for decades. Here is a more popular episode from 40 years ago:
Silver Thursday - Wikipedia

Here is one that made Bill Ackman lose $1B
Bill Ackman - Wikipedia

 

[kevin arnold]

Nipsey the prophet

 

[Afro]

If you are new to Robinhood, dont forget to claim your free stock

@neotheflyingone Some folks got GME as their first one years ago

Made $300 for nothing

 

[Neo. The Only. The One.]

If you are new to Robinhood, dont forget to claim your free stock

@neotheflyingone Some folks got GME as their first one years ago

Made $300 for nothing

I thought I could only claim it when I invite somebody else

 

[Neo. The Only. The One.]

I just made $200