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darkphoenix181 02/05/21 8:54:43 AM #1: |
What was up with those billionaires whining? One dude said the rich were being targetted. They were in true meltdown mode.
I read someone saying Wall Steet Bets scammed people and pumped it up. Let's assume that is true. Then, wtf was up with those billionaires? Paid by Wall Street Bets mods? This is kinda a weird moment where many people forgot all about the events of last week and just assume this is some ponzi scheme or always a bubble ready to pop. Sure, it was a bubble, but let us not forget it wasn't just a bubble. ... Copied to Clipboard!
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Doom_Art 02/05/21 8:55:27 AM #2: |
Stuff can be two things
--- Not removing this until Mega Man 64 is released on the Wii Virtual Console. Started on: 12/1/2009 https://imgur.com/mPvcy ... Copied to Clipboard!
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Squall28 02/05/21 8:56:46 AM #3: |
The billionaires aren't all one person. Some companies made billions off GME. Some lost billions.
--- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis ... Copied to Clipboard!
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clyde_frog 02/05/21 8:59:21 AM #4: |
Wall Street wanted everyone to sell off so they could buy back their shares at lower prices. Thats why you have companies like Citron putting out hit pieces on certain stocks so that they tank. Retail investors were the ones who pumped the stock. So its still a pump and dump, just not a pump and dump initiated by Wall Street.
--- https://imgur.com/UFOAF http://25.media.tumblr.com/tumblr_m71fpsIYJA1qf1116o1_500.jpg ~Formerly known as BabeFAQs~ ... Copied to Clipboard!
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uwnim 02/05/21 8:59:27 AM #5: |
The folks shorting were losing badly. There were other rich people/groups who had not shorted who were able to take advantage of this.
--- I want a pet Lavos Spawn. [Order of the Cetaceans: Phocoena dioptrica] ... Copied to Clipboard!
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Graycap 02/05/21 9:07:40 AM #6: |
darkphoenix181 posted...
What was up with those billionaires whining? One dude said the rich were being targetted. They were in true meltdown mode. Because they didn't predict the GME pump and lost money. Has nothing to do with anything else. The stock's still flatlined now. --- Say it on your main. ... Copied to Clipboard!
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darkphoenix181 02/05/21 9:32:06 AM #7: |
uwnim posted...
The folks shorting were losing badly. There were other rich people/groups who had not shorted who were able to take advantage of this. Perhaps but were the others who took advantage seen as such bad guys compared to those shorting? ... Copied to Clipboard!
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