azarza
93828
2380
33
explanation: https://i.imgur.com/f6ao2UZ.jpg
Jan 28, 2021 10:48 AM
azarza
93828
2380
33
explanation: https://i.imgur.com/f6ao2UZ.jpg
michaelfire
“We all too often have socialism for the rich and rugged free market capitalism for the poor.”
― Martin Luther King Jr.
MrRandom314159
Honestly, kind of. A hedge fund is basically just a bunch of people working with other people's money to buy/sell stocks.
galiean251
Northernwest
fingobaggins
The big shart
ihavethelowground
thoward98
title of my sex tape
brandonbozarth2
Dogecoin is up 80 percent. Make some money guys and gals
Northernwest
Remember what happens to destitute fishermen turned pirates. IRL this guy is serving 100 years in jail. His three buds were shot by SEALs...
Northernwest
I really hope this is a force for change but am too cynical to believe at this point. WS has so much power and clout.
haritambo
Who knew hedge funds could be so entertaining?
ratilda
AMC though (((
Missguidedlogic
Ha! Perfect use if this meme. I sent to everyone I know who bought the stock.
efhawthorne
MY AND MY THREE SHARES ARE GOING TO THE MOON, BAYBEE
lljkstonefish
Isn't that dogecoin?
azarza
efhawthorne
Worst case scenario, I'm out a little bit of money. Best case scenario, I fuck over a hedge fund.
OriginalPiR8
I laughed WAY too much at this
iamwang
no such thing as too much laughter
azarza
me too lol
YayItsMillerTime
The Stash app is buggier than Imgur today
AnonymousPandaBear
What happened?
azarza
Mobouncetotheoz
Wanted to buy just for fun today doesn't look like I can get into it now
GumontheLeg
What's next?
azarza
blackberry and i heard blockbuster - european shorts are apparently going up too
Czarcasmm
e*trade still works
MantisTobogganPilotMD
same
PieMasterOfTheRealm
Yeah, no. They already essentially broke trade laws to shut it down. Anyone not a hedge fund can't buy GameStop stock any more, only sell.
Ryanator50
Therefore proving that the system is rigged. Checkmate.
PieMasterOfTheRealm
They're showing it as more brokers are being forced to block buys. The SEC aren't enforcing the law here and ignoring it. It's 100% rigged
PieMasterOfTheRealm
but if you're a hedge fund? Different laws for you! Fuck the plebs, etc.
wouldthiswork
From India, can somebody please explain
azarza
okayduderelax01
Yes certainly.
wouldthiswork
...and...?
okayduderelax01
Yes I am sure someone can explain it.
lnetzel
There are actually comments forseeing your question. Links and stuff.
TheatreStreet
https://uplib.fr/w/images/9/9d/Schiff_how-an-economy-grows.pdf posting to spread understanding.
JollyJokzr
equipoise
haha, yea. That one cracked me up too. That's _exactly_ the 2007 crash.
SirGalahadKnight
This stuff should be in public schools
equipoise
Also, this assumes a pinned currency (i.e. gold standard), and doesn't even acknowledge fiat currency, which is our current system:
[deleted]
[deleted]
TheatreStreet
Its not too complicated for average people to understand and it is imperative to stop the owner class from owning us.
Amonrob
Yeah it does. The whole part about about the fake official fish.
LordPaimon
Can someone tell me or link what happened
wolf387465
https://edition.cnn.com/2021/01/27/investing/gamestop-reddit-stock/index.html
azarza
culinarydream7224
Reddit users screwing over hedge fund managers who are obligated to buy back stock by increasing the price from $20-400. Wall Street...
culinarydream7224
...responded by no longer allowing trade via most online brokers
LordPaimon
Hat’s off to Reddit even though I think wallstreetbets is another story. But this was legal. How can they stop selling shares?cuz they lost?
Tortoiseshell11
The services aren’t allowing those stocks due to high volatility. There is too great a risk of the price changing dramatically.
culinarydream7224
Users can't look them up on stock buying apps, and can only sell if they already own those stocks. I'm sure they're still trading, just...
culinarydream7224
...not on those online brokers