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You're not quite getting what I'm saying. A bubble like beanie babies and dutch tulips is still a logical consequence of seeking financial gain. A bubble is a g
by IIAOPSW 6y ago
You're not quite getting what I'm saying. A bubble like beanie babies and dutch tulips is still a logical consequence of seeking financial gain. A bubble is a game of chicken. It is about knowing when to jump off. This is a new phenomena. It is no longer about just making the bull thesis or the bear thesis. It is now persuasive to make the "this will fuck over a hedge fund manager" thesis. We need to add an entirely new animal to the metaphor.
- anonymouse008 6y agoIt sounds like new regulation before we begin 'pricing it in' But I love the thoughts and agree with the analysis
- brandonr49 6y agoStrong vote for this new animal being Badger. Bull vs Bear vs Badger
- colourgarden 6y ago"Drain the swamp" == "this will fuck over a hedge fund manager".
- rank0 6y agoThis is silly. If there was no possibility for financial gain, nobody would be investing in GME.
- SpaceRaccoon 6y agoNo, I have friends who have put thousands on the line who are happy to lose it if it bankrupts Melvin Capital.
- rank0 6y agoYour friends are lying through their teeth. Do you honestly believe these people aren't motivated by profit, when they are clearly entering long positions with the intention of driving up GME's price? It's straight up doublespeak.
- kortilla 6y agoA $1000 ticket to punch a 0.1% right in the balls is a worthy trade for many. People donate to political parties just to fuck the other party.
- rank0 6y agoExcept its not just a $1000 ticket to punch a 0.1%. They also believe the ticket will be worth $10,000 afterwards.
- SpaceRaccoon 6y agoAre you speaking for yourself or-? I threw in 1k with the hope that it will cost some billionaires a lot of money. I'm ready to lose it. Shorts already lost 100+ billion this month.
- rank0 6y agoYou fell for the marketing. Billionaires were on both sides. The bulk of the damage is done to uneducated vulnerable retail investors. So now you're out $1000. You contributed to a scheme which ironically was a net loss for retail. If this were really not about making a profit, you'd see people donating their gains or buying shares for other people, and nobody would be cashing out. Are you still in the trade? What are you going to do with your gain/loss?
- admax88q 6y agoI dont understand why you consider this to be a different phenomena than a bubble. Its still a bubble, people are still doing it for financial gain. Its just marketed as "doing this will screw hedge fund managers" to generate more hype. Its not a new phenomena, its just a new marketing strategy.
- Apocryphon 6y agoTraders urging others to "hold the line" and to not sell is new marketing, and if everyone believes in it, why isn't it new phenomenon? https://twitter.com/HenryEnglert/status/1353773947804917760/photo/1 https://twitter.com/HenryEnglert/status/1353773947804917760/...
- deleted 6y ago[deleted]