Thursday, January 28, 2021

GameStop Goes Crazy

     Reddit users orchestrated a pump and dump scheme on stocks major hedge funds are shorting. This is why stocks like Gamestop went from $2 to $310 in a year despite the company not actually increasing its value. 



    Righteous indignation led them to do this. After all, the billionaires club does the same thing. So why can't the commoner take a shot at it? Well, their shot landed squarely on the nose of the financial monsters like Melvin Capital:

    Melvin Capital closed out its short position in GameStop on Tuesday afternoon after taking a huge loss, the hedge fund’s manager told CNBC’s Andrew Ross Sorkin.

GameStop, hedge funds’ most-hated stock, was targeted by an army of retail investors who marshaled forces against short sellers in online chat rooms. In the Reddit forum “wallstreetbets” with more than 2 million subscribers, rookie investors encouraged each other to pile into GameStop’s shares and call options, creating massive short squeezes in the stock.


    They are taking out the man by becoming the man. Therefore, the karmic debt those bankers accumulated will transfer along with their wealth. These anons working together to expose the system will take the blame for the economic collapse that is coming. The masses will be tricked into hating them and that'll cause stock trading to become more restricted

Robinhood removed GameStopAMCBlackBerry, and Nokia from its trading platform on Thursday, leaving investors unable to buy the highly volatile stocks.

    But hey, you can still purchase the most volatile "stock" known to man, Bitcoin.... That's quite telling. The best thing one can do now (in my opinion) is to buy and hold physical gold and silver. Before you know it, these anons will be targeting the paper silver, and gold market...... 



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