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> And this includes Hedgefunds, like Melvin Capital, Citadel and the like? Doesn't the Robinhood and GME thing DIRECTLY contradict what you're saying? Meme sto

> And this includes Hedgefunds, like Melvin Capital, Citadel and the like? Doesn't the Robinhood and GME thing DIRECTLY contradict what you're saying? Meme stocks are a thing born out of social media just very recently and will most likely not happen that much given that now edge funds are aware of it and have probably already deployed the appropriate counter-measures.

Melting_Harps 6y ago
> Meme stocks are a thing born out of social media just very recently and will most likely not happen that much given that now edge funds are aware of it and have probably already deployed the appropriate counter-measures. Tesla was called a meme stock, and it turned Elon into the World richest man (depending on the day or week) and he went on to invest in BTC and then pump DOGE in defiance of the SEC who stand on the sidelines with the credit agencies who arbitrarily enforce the 'law' and 'regulate' when it see's fit. How exactly are you arriving at your conclusion with any reason or logic behind it? Meme stocks, an overly used and frankly absurd notion as it is all can be seen that way since it's all just smoke and mirrors hiding a very pernicious casino business model at the end of the day, but lets say they are; what stops any of them from stopping them from what was once called 'vigilante investors' in the early 2000s? Hell they couldn't even stop ponzi schemes like Bernie Maddof, or outright fraud like credit default swaps that allowed the World economy in 2008 to blow. If anything it shows just how entrenched the politicla class and the financial class collude to extract wealth from Society with little to no punishment, think MF Global.
- TeeMassive 6y ago
  > Tesla was called a meme stock Being called a meme stock doesn't mean being a meme stock and popular figures influencing stocks is nothing new. Tesla was never really a thing on WSB and it being overly shorted never really was a motivation to invest in it to "screw over the edge funds". > How exactly are you arriving at your conclusion with any reason or logic behind it? I explained my logic. Now that using social media to find and use over shorted stocks to make money has made its way to mainstream culture, fund managers will take this into account.

Melting_Harps 6y ago

> Meme stocks are a thing born out of social media just very recently and will most likely not happen that much given that now edge funds are aware of it and have probably already deployed the appropriate counter-measures. Tesla was called a meme stock, and it turned Elon into the World richest man (depending on the day or week) and he went on to invest in BTC and then pump DOGE in defiance of the SEC who stand on the sidelines with the credit agencies who arbitrarily enforce the 'law' and 'regulate' when it see's fit. How exactly are you arriving at your conclusion with any reason or logic behind it? Meme stocks, an overly used and frankly absurd notion as it is all can be seen that way since it's all just smoke and mirrors hiding a very pernicious casino business model at the end of the day, but lets say they are; what stops any of them from stopping them from what was once called 'vigilante investors' in the early 2000s? Hell they couldn't even stop ponzi schemes like Bernie Maddof, or outright fraud like credit default swaps that allowed the World economy in 2008 to blow. If anything it shows just how entrenched the politicla class and the financial class collude to extract wealth from Society with little to no punishment, think MF Global.

TeeMassive 6y ago
> Tesla was called a meme stock Being called a meme stock doesn't mean being a meme stock and popular figures influencing stocks is nothing new. Tesla was never really a thing on WSB and it being overly shorted never really was a motivation to invest in it to "screw over the edge funds". > How exactly are you arriving at your conclusion with any reason or logic behind it? I explained my logic. Now that using social media to find and use over shorted stocks to make money has made its way to mainstream culture, fund managers will take this into account.