Prepping for the big move?

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By all means, please let me know what this is about, then.

I have no idea what you’re trying to say.

To the Ruling Class. :wink:

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You read the op. It’s about a bunch of ■■■■■■■■ rejecting the status quo. They chose GameStop because they’re nerds and wanted to upend conventional wisdom. They say they’re committed to continuing the rise, GME is at 350 now. Let’s see how many ■■■■■ they give.

But what’s the point?

What are they accomplishing? How have they hurt the status quo? How has “conventional wisdom” been upended?

Sure, they’ve caused some hedge funds to lose billions. Good for them. But they’re all going to lose money too, in the end.

They can inflate the stock price as much as they want - it won’t matter, the company is still going to go under with a year or two. Their business model is no longer working.

All this shows is just how irrelevant the stock market is to the performance of the actual economy.

GameStop will go bankrupt because once the short squeeze is over… that stock is going to tank. The fundamentals of GameStop are in direct opposition to its stock price.

I’ve been vocally anti-populist for a very long time now.

Pump and dump.

Allan

If that was the goal, they’d have done it already. I’m sure some of them - the smarter ones - will get out with a pile of cash, but a lot more are going to end up screwed.

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When all these tailchasers try to pull out of the market… they will see just how stupid it was

Trading derivatives. Yikes. That’s a dangerous game.

Also quite profitable but bankruptcy could happen also.

Allan

Climbing the ladder!

Wouldn’t it be funny if Gamestop made some huge announcement Friday?

:crazy_face: :rofl: :stuck_out_tongue_winking_eye:

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The last populist I supported was Fred Harris in 1976. And that was short lived.

Allan

Yes, you are reliable.

Darn that Trump, raising the price of GameStop stock. Is there nothing to which he will not stoop? Glad we can rely of CNN for precise, clear analysis.

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This has nothing to do with Trump, Biden, or any politics. This is a bunch of people giving a dig ■■■■ you to short sellers.

If there is no ruling class, how can populism exist?