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"GameStop / GameStonk" has nothing to do with the "Madness of Crowds" [Forbes]

 
Anonymous Coward
User ID: 77810073
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03/09/2021 01:18 AM
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Re: "GameStop / GameStonk" has nothing to do with the "Madness of Crowds" [Forbes]
Yes there are real market dynamics behind the moves but these mysteries lie beyond the capacities of these Reddit retards with fractional shares. With parroted phrases like "diamond hands", "to the moon", "stonks", and the same wsb profile pic on their social media accounts; these motherfuckers are a scourge that will lose everything by gambling on shit "stonks".
AkashicRecord®  (OP)

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03/09/2021 01:54 AM
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Re: "GameStop / GameStonk" has nothing to do with the "Madness of Crowds" [Forbes]
Yes there are real market dynamics behind the moves but these mysteries lie beyond the capacities of these Reddit retards with fractional shares. With parroted phrases like "diamond hands", "to the moon", "stonks", and the same wsb profile pic on their social media accounts; these motherfuckers are a scourge that will lose everything by gambling on shit "stonks".
 Quoting: Anonymous Coward 77810073


Well, we will see. No fractional shares here :)
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Anonymous Coward
User ID: 72225263
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03/09/2021 02:00 AM
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Re: "GameStop / GameStonk" has nothing to do with the "Madness of Crowds" [Forbes]
"Madness of Crowds"

dicaprio-agree
Anonymous Coward
User ID: 77810073
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03/09/2021 02:02 AM
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Re: "GameStop / GameStonk" has nothing to do with the "Madness of Crowds" [Forbes]
Good luck to you personally.
But on other stock forums they are like locusts. I remember the Yahoo message board penny stock pump and dump days and this is just another incarnation.
I wish I was getting the gme gains today, but I prefer investing in steady predictable companies to volatile stock games.
AkashicRecord®  (OP)

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03/09/2021 08:15 PM
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Re: "GameStop / GameStonk" has nothing to do with the "Madness of Crowds" [Forbes]
Gamestop up again over %25 on the day and then another >%5 after hours...going to be a wild next couple of days!
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Anonymous Coward
User ID: 46295642
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03/11/2021 07:34 PM
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Re: "GameStop / GameStonk" has nothing to do with the "Madness of Crowds" [Forbes]
For several weeks the media has been lying about the GME situation in hopes of scaring retail investors into selling their shares. Also lying in the news to make retail investors look like idiots. Now since these tactics havent worked, they have no choice but to start admitting the brilliance of these retail investors before the inevitable fall of the Hedge Fund billionaires comes. I am glad I have shares of GME, and also AMC.
 Quoting: Anonymous Coward 80115441


Based
abeliever
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03/12/2021 10:46 AM

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Re: "GameStop / GameStonk" has nothing to do with the "Madness of Crowds" [Forbes]
can't stop

won't stop

gamestop




***rocket***
AkashicRecord®  (OP)

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03/12/2021 11:03 PM
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Re: "GameStop / GameStonk" has nothing to do with the "Madness of Crowds" [Forbes]
can't stop

won't stop

gamestop




***rocket***
 Quoting: abeliever


There might be a recall of shares in the near future...

It's not an absolute, but it could happen.
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abeliever
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User ID: 79928127
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03/13/2021 07:46 AM

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Re: "GameStop / GameStonk" has nothing to do with the "Madness of Crowds" [Forbes]
can't stop

won't stop

gamestop




***rocket***
 Quoting: abeliever


There might be a recall of shares in the near future...

It's not an absolute, but it could happen.
 Quoting: AkashicRecord®



interesting ... bought just a couple of shares (not on margin) to have fun with the rest of y'all on the ride!
King Triad

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03/13/2021 08:04 AM

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Re: "GameStop / GameStonk" has nothing to do with the "Madness of Crowds" [Forbes]
After the congressional hearings it was like 42.00 I was gonna buy but balked. went to like 245...missed the boat...
@Godsarmymilitia
AkashicRecord®  (OP)

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03/13/2021 08:17 AM
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Re: "GameStop / GameStonk" has nothing to do with the "Madness of Crowds" [Forbes]
I'm going to tell you right here that the absolute maximum share price that GameStop could possibly attain (without completely cratering everything) is actually about $900,000 per share.

At 100K per share, there's about 7 trillion on the hook, and the DTCC can cover about 63 trillion. That comes out to about 900K as the actual maximum for GME stock.

Highly unlikely, I know, but a lot of people are curious as to what the maximum upper bound could theoretically be...
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GLP