Politics Wall St - Above the Law

[Ivan le Fou]

We were not rioting.

We were peacefully trading stocks.

 

[nicememe]

 

[nicememe]

Sounds familiar?

It appears Russia helped elect Trump in 2016, and Russia helped attack Wall Street.

 

[Ivan le Fou]

According to Pelosi and Hillary, Russia is also behind the "Capitol Insurrection".

 

[bfc1001]

Sounds familiar?

It appears Russia helped elect Trump in 2016, and Russia helped attack Wall Street.

View attachment 275871

These celebs do really like to lick the boot . I'm still in two minds whether he knows he's lying or he suffers from celebrity narcissism which happens to be a thing .

The Narcissism Epidemic: Do You Know the Warning Signs?

There is a certain degree of self-love that is healthy. However, there is a line that separates healthy narcissism from the uberly toxic Narcissistic Personality Disorder (NPD).

www.huffpost.com

 

[colin traveller]

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[Ivan le Fou]

A WallStreetBets trader used some of his sweet sweet GameStop tendies to deliver Nintendo Switches to sick kids at a children's hospital

notthebee.com

 

[primer]

I have no idea who is playing who anymore.

 

[colin traveller]

Maxine waters changing the chess pieces to suit a rigged outcome ..

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[BCNTM]

GameStop share frenzy stopped in its tracks as value plunges 50%

Restrictions on trading app users may be playing a part as GameStop and other targeted stocks find a reverse gear.

news.sky.com

no doubt small guys will have lost most money

 

[TheKiwi]

Vastly overpriced shares in failing badly-run company start to lose value in news that should shock no-one with two brain cells to rub together.

 

[JimHPTN]

Vastly overpriced shares in failing badly-run company start to lose value in news that should shock no-one with two brain cells to rub together.

Expected to be sure. If this company had died naturally, I'd be ok with it, not happy but ok. My problem with this whole debacle isn't the decline or short selling per se. It's when certain funds somehow end up with a 140% short sell that I get a little perturbed. That's where the investigation needs to kick in. Either there was some highly illegal crap going on or there are some holes in the regulations that need to be tightened up.

Edit: I think that's where many of the investors from WSB were coming from. For them, it was an act of defiance. There are others who got caught up in it for the wrong reasons and thought that they were going to make some money. Those are the guys who lost their shirts.

 

[Junglejim]

Expected to be sure. If this company had died naturally, I'd be ok with it, not happy but ok. My problem with this whole debacle isn't the decline or short selling per se. It's when certain funds somehow end up with a 140% short sell that I get a little perturbed. That's where the investigation needs to kick in. Either there was some highly illegal crap going on or there are some holes in the regulations that need to be tightened up.

Edit: I think that's where many of the investors from WSB were coming from. For them, it was an act of defiance. There are others who got caught up in it for the wrong reasons and thought that they were going to make some money. Those are the guys who lost their shirts.

True if you invested your life saving it will hurt, some are still holding out. I only bought two shares so i can hold and see it through, win or loss the fire grows bigger.

 

[Flagg]

True if you invested your life saving it will hurt, some are still holding out. I only bought two shares so i can hold and see it through, win or loss the fire grows bigger.

And that’s the disruptive shift here.

It’s millions of people who buy a few shares, akin to buying a new game or a crowdfunded project.

It’s gamifying a hybrid Fight Club for Finance: Project Mayhem

 

[Junglejim]

And that’s the disruptive shift here.

It’s millions of people who buy a few shares, akin to buying a new game or a crowdfunded project.

It’s gamifying a hybrid Fight Club for Finance: Project Mayhem

all the stock bubbles have shown me is that, the stock market is a game. I see stocks as no better than the Casino. It might have been an investment back in the day, but its just a giant ponzi scheme now. They just got caught and couldnt handle new players in town. When back in the day you needed billions to play with nations economies (Asian crisis), now all you need is to get the attention and influence a bunch of autists.

 

[colin traveller]

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[primer]

The Kramer show went on a short vacation from CNBC... maybe it was over that old interview where he told us shorting greed is good. His callers were going to abuse him instead of asking for advice though I'm sure they vet the callers, perhaps better than any Biden question time.
Who needs to ask an influencer now that Reddit can predict a stock price.

 

[Wheke C9]

Vastly overpriced shares in failing badly-run company start to lose value in news that should shock no-one with two brain cells to rub together.

You'll be aware of course that it has a new CEO taking it in a different direction.

Of course you do.

 

[TheKiwi]

You'll be aware of course that it has a new CEO taking it in a different direction.

Of course you do.

Rearranging the deck chairs on the Titanic. A company who's business model depends upon games using physical media. They're like the last Blockbuster in town desperately telling themselves that they're still relevant and that next year things will turn around for sure.

 

[Wheke C9]

Yeah they're changing the business. Pivoting in business talk. I can say it again if you'd like but I don't think you'll take any notice.