idk if anyone cares about this but it's made some p big headlines today and probably will keep growing the rest of the week. tl;dr: a subreddit called wallstreetbets started pumping money into GameStop (which was seen as a dead/dying stock) and made it rise 1000% and counting just in the past week. This has HUGE implications on wall street hedge funds that were betting against it and some of them have lost BILLIONS this week because of it. Basically it's like the Big Short in reverse where the billionaires are getting screwed over while the little guys are profiting. At least until the bubble bursts which will inevitably happen in a matter of days/weeks because this is completely unsustainable

with people making a shitload of money off of GameStop it's starting to spill over into other 'meme stocks' too like BlackBerry and Nokia which are mostly coasting off 00s nostalgia

the funny thing is I JUST started getting my feet wet with trading stocks earlier this month and then this happens, it's been p wild. I haven't put a ton into GameStop but it's been kinda fun to be a small part of this moment nonetheless

i need help buying stocks boc

Shadow @ 28/1/2021 0:15

i need help buying stocks boc

lold

it's a lot like school

sheriff of nottingham!!

I love this happened but I don't like that discord banned the wall streetbets and now wall street is talking about closing down to avoid this being worse for the hedge fund shits?

Like you got got, get over it.

Power to the players.

We like the stock!

I wish I had enough money to buy even one share. Boc, you wanna give me a loan?

Robinhood has blocked purchase of Game Stop, AMC, Nokia and a few others that are part of this.

End of the day, all the peasants are about to get a lesson that you can't fuck with the rich people who really run this country.

Likely the truth, it's still funny to see them sweat

Wallstreet is shutting this down. I'm not touching any of these stocks.

I'll lose a tiny bit of money on a couple of the smaller WSB stocks. I didn't want to get in on GME at the heightened price, because it was/is always going to plummet.

It'll be interesting to see if the manipulation of the markets to stop this backfires on these big money funds and others who have always blatantly manipulated the markets to their benefit. If nothing else, this shows that the people are catching on and pressure may be increased for the feds to actually do something about it.

I think it shows that the big boys can get fucked over, even if it's just temporary

It’s been fun to follow. I doubt even if I had an account set up I would have had the kahunnas to throw more than a handful of dollars on that.

Definitely an interesting side plot to follow on a slow day at work

A friend I was talking to last night said someone he knew put like 50k into it and came out a millionaire. Shit's crazy