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I actually saw that and wondered what are the chances that I wake up tomorrow with that stock high as hell as a redirection from gme buyers...

by kace91 6y ago

VWWHFSfQ 6y ago
Yeah it's next up.
- cvhashim 6y ago
  Based on what? I'm curious.
  - sidlls 6y ago
    Literal rockets.
  - VWWHFSfQ 6y ago
    > Based on what? It's just the protest "meme" economy. How do you think Bitcoins got to $35,000. And GameStop got to $350.
    - gotostatement 6y ago
      I dont think SPCE has the focused attention necessary to make it happen like GME. GME had a lot of different factors leading to it drawing focus, including the insane amount of shorting. SPCE is not shorted as much, so it falls into a lower tier of interest with splintered focus. That's why I don't think we'll see a repeat with SPCE, but I am open to alternative args
    - afterburner 6y ago
      People wanting to get rich quick. Textbook FOMO. I'm not sure I buy into the narrative for the rallying cry.
plaidfuji 6y ago
The current candidates being floated by WSB are Nokia, AMC, Ericsson and Blackberry. Even though Virgin Galactic is second on this list, my impression of the WSB crowd is that they look for companies that are both high-short-interest and some nostalgic notion of being “worthy of saving”... Virgin would probably not fit their MO given the high-profile billionaire owner...
- jeffbee 6y ago
  Why does the WSB ethic permit the existence of Richard Branson? Shouldn't a UK public school billionaire descendant from violent colonial oppressors earn a spot up against the wall?
  - kortilla 6y ago
    “Papa Elon” isn’t exactly praising the working class. WSB has less of a problem with Billionaires than they do Wall Street.
    - bpodgursky 6y ago
      Yeah, WSB hates bankers, has nothing against founder-owners.
      - fock 6y ago
        that's what puzzles me. All these founder-owners basically took (literal) truckloads of fresh money printed for "keeping the economy running" and swapped it for shares in their extremely overvalued companies. Doesn't sound a lot better than bankers and crucially doesn't work without bankers?
        bpodgursky 6y ago
        I actually don't even know what you're referring to, but I'm quite confident that it's untrue that "all" founder-owners did it, or that it's anywhere near as nefarious as you're positing.

I actually saw that and wondered what are the chances that I wake up tomorrow with that stock high as hell as a redirection from gme buyers...

by kace91 6y ago

I actually saw that and wondered what are the chances that I wake up tomorrow with that stock high as hell as a redirection from gme buyers...

VWWHFSfQ 6y ago

Yeah it's next up.

cvhashim 6y ago
Based on what? I'm curious.
- sidlls 6y ago
  Literal rockets.
- VWWHFSfQ 6y ago
  > Based on what? It's just the protest "meme" economy. How do you think Bitcoins got to $35,000. And GameStop got to $350.
  - gotostatement 6y ago
    I dont think SPCE has the focused attention necessary to make it happen like GME. GME had a lot of different factors leading to it drawing focus, including the insane amount of shorting. SPCE is not shorted as much, so it falls into a lower tier of interest with splintered focus. That's why I don't think we'll see a repeat with SPCE, but I am open to alternative args
  - afterburner 6y ago
    People wanting to get rich quick. Textbook FOMO. I'm not sure I buy into the narrative for the rallying cry.

plaidfuji 6y ago

The current candidates being floated by WSB are Nokia, AMC, Ericsson and Blackberry. Even though Virgin Galactic is second on this list, my impression of the WSB crowd is that they look for companies that are both high-short-interest and some nostalgic notion of being “worthy of saving”... Virgin would probably not fit their MO given the high-profile billionaire owner...

jeffbee 6y ago
Why does the WSB ethic permit the existence of Richard Branson? Shouldn't a UK public school billionaire descendant from violent colonial oppressors earn a spot up against the wall?
- kortilla 6y ago
  “Papa Elon” isn’t exactly praising the working class. WSB has less of a problem with Billionaires than they do Wall Street.
  - bpodgursky 6y ago
    Yeah, WSB hates bankers, has nothing against founder-owners.
    - fock 6y ago
      that's what puzzles me. All these founder-owners basically took (literal) truckloads of fresh money printed for "keeping the economy running" and swapped it for shares in their extremely overvalued companies. Doesn't sound a lot better than bankers and crucially doesn't work without bankers?
      - bpodgursky 6y ago
        I actually don't even know what you're referring to, but I'm quite confident that it's untrue that "all" founder-owners did it, or that it's anywhere near as nefarious as you're positing.