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Topic Title: Your views on the "Gamestop" stock thingy, , , , , , ???
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Created On: 01/29/2021 12:49 PM
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 01/29/2021 12:49 PM
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dingpatch

Posts: 19085
Joined Forum: 07/24/2003

As of just a little while ago today, the "short sellers" (hedgefunds) have taken $8 Billion in losses Up The Ass! And, as such, , , , That Can Not Be Allowed to Continue, , , , ,!!!! LOL LOL LOL

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Dora Hates You
 01/29/2021 01:15 PM
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johnnyboy

Posts: 25207
Joined Forum: 07/22/2003

Couldn't have happened to nicer people. They are so good at explaining how cold capitalism is to everyone else that it's fun to see someone explain it to them. Especially a group of peasant reddit chatters.

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"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

 01/29/2021 01:33 PM
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RustyTruck

Posts: 33391
Joined Forum: 08/02/2004

Bernie 1/28: "The business model of Wall Street is fraud"

Warren 1/29: "Casino-like swings in stock prices of GameStop reflect wild levels of speculation that don't help GameStop's workers or customers and could lead to market instability. Today I told the SEC to explain what exactly it's doing to prevent market manipulation."

That folks is the difference between "left" and "liberal". Make note, there will be a test.



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“It is the heart of US policy to use fascism to preserve capitalism while claiming to be saving democracy from communism “ - Michael Parenti
 01/29/2021 02:09 PM
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tpapablo

Posts: 44072
Joined Forum: 07/25/2003

Read where it was more like $71 billion. Nonetheless, Wall Street isn't fraud or a casino. While I cannot say that luck doesn't play a role (but isn't that true with almost everything?), an individual can do alright if they know what they are doing and do their homework. Is there manipulation? Yep, but you have to take that into account.

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 01/29/2021 03:51 PM
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Cole

Posts: 68477
Joined Forum: 07/22/2003

Originally posted by: tpapablo

Read where it was more like $71 billion.

Nonetheless, Wall Street isn't fraud or a casino. While I cannot say that luck doesn't play a role (but isn't that true with almost everything?), an individual can do alright if they know what they are doing and do their homework. Is there manipulation? Yep, but you have to take that into account.


The actions over the last few days have proven you wrong once again. Wrongz to the rescue! Moron.



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 01/29/2021 07:53 PM
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Sniper

Posts: 8761
Joined Forum: 09/24/2003

We riot a bit differently. Stay tuned and pay attention to who comes out to make excuses for the hedge funds. All of the sudden talking about which hedge funds to target is being described as "hate speech" lol. Keep your minds open and pay attention to what matters, not the divisive bullshit they would prefer us to be arguing about I.E. everything on this site.

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"The government who robs Peter to pay Paul can always depend on the support of Paul," - George Bernard Shaw

“Don’t underestimate Joe’s ability to f—k things up.” - Barack Obama

“End of quote. Repeat the line.” - wise words from Joe Biden
 01/29/2021 09:24 PM
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6ScoopsMcGruntington

Posts: 177
Joined Forum: 01/25/2017

One of my favorite scenes in one of my favorite movies...

Stock market asshole: let's go scalping...
Bane breaks in Gunfire erupts. Silence follows.
Stock market asshole to Bane: It's a stock exchange. There's no money you can steal.
Bane: Really? Why are you people here? Punch!

Link



Edited: 01/29/2021 at 09:32 PM by 6ScoopsMcGruntington
 01/30/2021 08:51 AM
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dingpatch

Posts: 19085
Joined Forum: 07/24/2003



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 01/30/2021 09:01 AM
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Cole

Posts: 68477
Joined Forum: 07/22/2003

Originally posted by: Sniper

We riot a bit differently. Stay tuned and pay attention to who comes out to make excuses for the hedge funds. All of the sudden talking about which hedge funds to target is being described as "hate speech" lol. Keep your minds open and pay attention to what matters, not the divisive bullshit they would prefer us to be arguing about I.E. everything on this site.


It had/has nothing to do with hate speech. You people really need better news sources.



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I was right.
 01/30/2021 09:02 AM
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Cole

Posts: 68477
Joined Forum: 07/22/2003

And I like the People taking on the short sellers, so I'm pretty sure this isn't a Republican against Democrat thing.

Do you really think Moscow Mitch is going to side with the little people?

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 02/01/2021 07:00 AM
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stokedpanda

Posts: 4226
Joined Forum: 09/04/2015

so much for a free market.....robin hood...... LOL indeed

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 02/01/2021 07:07 AM
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RustyTruck

Posts: 33391
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Watch for who defends the hedge funds. Those will be the people who are taking the most bribes.

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“It is the heart of US policy to use fascism to preserve capitalism while claiming to be saving democracy from communism “ - Michael Parenti
 02/01/2021 07:19 AM
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Cole

Posts: 68477
Joined Forum: 07/22/2003

Bribes? Not really, it's election money. If we want to even the playing field, elections need to go to public funding only.

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I was right.
 02/01/2021 07:39 AM
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Pagerow

Posts: 5646
Joined Forum: 12/22/2005

Those who run the Hedge funds found a legal loophole to short-sell stocks.

The little guy (Reddit nerds) found a legal loophole on how to "save" the stocks, screw the hedge funders, and make a little money themselves.

What's good for the goose...

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