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Isn't the whole thing set up to fleece people who jumped onto WSB after it became a big story?
Are they going to ban CNBC from having hedge funds and other market participants on TV, shilling what they're holding?
It's a strange company for internet investment nerds to latch onto. I never thought Gamestop was a particularly liked company. Kids put up with them because they offer an easy way to trade in games they played through for new stuff. Otherwise, no one was crying over them feeling the market heat from players like Amazon.
Compare that to something like Toys R Us which had a distinct emotional attachment for generations of people who grew with them. If they hadn't already gone bankrupt they would seem like a prime target for a stunt like this.
Did he do his clothes shopping at the Ben & Jerry’s souvenir store?Lol **** that cow-print motherfucker.
It's not the company but the huge short interest that made them latch on. I'm not very knowledgeable on stocks but I believe the theory was if they bought enough shares to make the stock rise enough to force margin calls on the shorts, the covering would blow the lid off the stock.
Oh sure, but the company itself seems to be a factor here. Meming around it being a very well known gaming company.
Okay, now that I made 25% in one day on BB, what's my next stonk?
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