4 ms·
My understanding is the long term plan is to try and bankrupt some hedge funds or drive the SEC/regulatory bodies to enforce rules against the elite class of in
by TheCapn 6y ago
My understanding is the long term plan is to try and bankrupt some hedge funds or drive the SEC/regulatory bodies to enforce rules against the elite class of investors; its not entirely about profit for everyone.
There's so much discussion on HackerNews today about people who are going to lose out on these stocks where I've seen a healthy amount of comments on Reddit in the last week of people buying stock merely "for the lulz". I think there's a non-insignificant amount of "investors" who have tossed paltry sums at $GME with no plans on making a return.
Honestly, I'd have done the same, but I don't do any form of stock trading so I don't have accounts on any platforms to do it. I've done the same with various crypto shitcoins and made a few bucks off throwing $50 or $100 at something I don't expect to ever see return on too.
- adrr 6y agoI am curious what the average holding is for GME. $100 * 2 million WSB subscribers is $200m to make a stock go to $24b market cap. That isn’t a lot of cash. People are posting screenshots with $10k+ holdings on WSB. Monday volume indicates a massive amount of stock movement.