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/biz/ - Business & Finance

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26741285 No.26741285 [Reply] [Original]

Is this seriously about to collapse the economy or will these faggots be bailed out?

>> No.26741385

why would a mere 91 billion collapse the economy?

>> No.26741564

What sort of brainlet actually bets against the made up numbers going up forever?

>> No.26741754

The game stops with GameStop

>> No.26741873
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26741873

>>26741285
>It's just Lehman
>It's just Melvin

We are so fucked, just get high and die

>> No.26742049

>>26741385
It's not normal for someone to short over 100% of the market cap of a stock

>> No.26742077
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26742077

So they took a risk and didn't get their winnings guaranteed. Welcome to life for the rest of us.

>> No.26742156

Is it too late to get in? I don't want to lose a ton of money, but it would be fun to still be a part of it.

>> No.26742303

>>26742156
Seems like you can still make a tidy profit depending on how much you buy, but the people who bought atsub-100 are the only ones that will really get the bang for their buck off this.

>> No.26742367

>>26741285
91 billion on a net basis or just short positions? If they’re just counting the decrease in value of the shorts that doesn’t seem like that big of a deal, how much are their longs up?

>> No.26742409

>>26742077
Same 2008 midwit take. Look up whose money these funds are investing (and now losing) and you'll realize why this is bigger than a few fatcats losing for a change.

>> No.26742508

>>26741564
retarded jews and they are about to get their IQ score

>> No.26742509

>>26742409
FDIC insured. Hedge funds can get fucked for all I care

>> No.26742549
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26742549

>>26742077
I mean literally, when was the last time you saw a headline, "Bob Smith Faces $3500 Car Repair Bill, Resulting in Significant Losses Relative to His Projections"?

Fucking princesses.

>> No.26742597

This kind of stuff actually happens all the time. It's only notable now because redditors are orchestrating it. Normally, it's just different hedge funds fighting amongst themselves.

Worst case: a few hedge funds will take massive losses and maybe even close down. Nobody other than the funds' owners and (highly paid) employees will be affected. Regular people don't invest in hedge funds, institutions like pension funds, insurance companies, and endowments do. The losses might affect them, but it will just be a blip. They're already diversified in multiple funds... most of which have done incredibly the past 12 months.

>> No.26742767

>>26742367
They don't have any longs, anon.

>> No.26742827

>>26741285
Newfag here. Could all this influx of money actually save GameStop, the company?
I like video games more than this shit.

>> No.26742857

>>26741285
didn't everyone realize the economy was fake when everyone lost their jobs most businesses closed and it still hit record highs?

>> No.26742873

>>26741285
> 91 billion
LMFAO.

>> No.26742907

>>26741285
They're always bailed out. The rich have class solidarity like you wouldn't believe.

>> No.26742937

>>26742409
>investing
91 billion in losses on bets against a failing company. Sounds like gambling, not investing at all.

>> No.26742957

>>26741285
It's called transfer of wealth no money was lost

>> No.26743021

>>26741285
how the fuck did they go down 91 billion when the stock only has 23b market cap?

>> No.26743068

>>26742409

Gee, then maybe we should stop allowing these retards to gamble with billions of dollars of other people's money, huh?

why is it the answer with you shill fucks always seems to be "We have to just let them do whatever they want"?

Get fucked, Hedgie.

>> No.26743115

>>26741285
I fucking hope this shit show finally crashes with no fucking survivors

>> No.26743135

>>26741285
91 billions? HOLY KEK

>> No.26743177

>>26743068
he missed out

>> No.26743238

>>26743021
It's all short sellers not just Melvin.

>> No.26743254

>>26742827
GameStop shouldn't be saved. They dicked over their retail staff when covid hit.

>> No.26743296

>>26742509
retard

>> No.26743314

>>26741385
something something 1/18th of all paper circulated USD.
I don't think it will, but if everyone who made money physically cashed out, that would cause a lot of issues.
But that would literally never happen unless every single person that made money on GME was a 24 chromosome literal retard.

>> No.26743395

>>26742409
It will happen as many times as needed until something changes

>> No.26743452

>>26741873
Melvin is nothing compared to Lehman. One is a hedge fund worth a few billion, another was an investment bank with somewhere in the neighborhood of a trillion in assets.

>> No.26743497

>>26742597
What if the price goes to $1000? $10,000? Is there a breaking point?

>> No.26743532

>>26743254
I'm european, I know nothing about them.
I just like brick and mortar vidya stores.
Fuck the Cloud!

>> No.26743653

>>26743532
Ever been to a micromania?
theyre the same company

>> No.26743776

If the market can survive VW it can survive a stupid videogame store's squeeze.

>> No.26743777

>>26741385
Because they would need to sell all their positions to cover, leading to a massive dump in prices, which would lead to others selling to avoid losing more, and so on.
This happened with Long Term Capital Management. It's why the financial elites are so scared and are trying every FUD they can. They're overleveraged as fuck and don't want the music to stop.

>> No.26743811

>>26742857
economy has been fake and gay since 2008 at least, probably longer

>> No.26743959

JPowell will bail everyone out through the ESF and make the money printer go brrrrrrr.....

Wall Street won't be allowed to fail so you shouldn't feel bad about holding GME or buying more to put the pressure on.

The Federal government HAS to bail out these hedge funds and banks no matter how bad the losses are. No one will get hurt and nothing is real.

>> No.26744337

>>26742827
Gamestop has been shit for a while, the media hype won't change their shit business model. If anything the big wigs will see a nice bump in some way and the typical wagie behind the desk gets to just watch the company he slaves for be a global meme and have no way to explain it

>> No.26744475
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26744475

>>26743776
kek this

Shutting down half the economy and sending everyone home = doing our part, we can make it! Brrr!

Fundies lose on their gambles? Could crash everything. Need some new laws.

>> No.26744905
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26744905

>>26743959
Yes.

>> No.26744984

r/WSB has gone private.

>> No.26745152

>>26743254
physical game stores were always in the decline. this isnt about the money, its about screwing over these kike elites who bet for the downfall of businesses

>> No.26745172

>>26744984
thats fucked up, ive been lurking for a while

>> No.26745239

>>26741285
There’s nothing left in the tank to bail them out, they are already full Weimar printing to not turn the starting Depression into the 12 years of world economic collapse they kicked down the road.

>> No.26745274
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26745274

>>26743314
Dood it's going to be a fun friday and all the smart ones will cash out tomorrow. Friday keks are going to hold the bag.
>inb4 hedgie
>shill
i'm here just to have a good laff at any fucking outcome

>> No.26745462
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26745462

>>26744984
The fuck. Who do I message to be an approved user or is this another pogrom?

>> No.26745489

>>26745239
Oh shit here's a thought, what if (((they))) are doing this to bring about the great reset?

>> No.26745538

>>26745274
i'm having a good laugh at how retarded you are

>> No.26745668

>>26745489
IYKYK

>> No.26745735
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26745735

>>26745538

>> No.26745834

>>26743395
>until something changes

nothing needs to change, this is just the free market

op is retard

>> No.26746696

>>26743777
based and checked

>> No.26746821
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26746821

it's been a good ride it ends now

>> No.26746875

>>26741285
Why would bad investors losing money to better investors collapse the economy? This will just make the markets more efficient.

>> No.26747026
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26747026

>>26741285
Biden will bail them out, and we will see protest of occupy wall street tier, except they will be all over the nation.

>> No.26747245

>$91B
vs
>$27.8T national debt
whatever

>> No.26747338
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26747338

>>26741285
Unironically yes

>> No.26747619

>>26742077
This

Just pick yerself up by your bootstraps, hedgies.

>> No.26747627

TAKE YOUR PROFITS BUY MUSE

>> No.26747760

So who is going to target these hedge fund fuckers. This is absolute bullshit, the drop of $100. Total and utter bullshit, who is going to lead the March against those communities

>> No.26748279

>>26743497
At some point everyone who was owed money would either have to be paid or a ton of people would go bankrupt and only the most loved insiders would get paid and maybe not even them. More realistically one of the hedge funds driving the price way up has to cash out at some point if they want to lock in their profits and the stock returns to a more regular valuation.

>> No.26748602

>>26745735
[I Understand]

>> No.26748725

>>26742049
also illegal

>> No.26748799

>>26747760
Everyone*

*until their golem media makes black people hate white people again

>> No.26748883

>>26747245
By the end of 1637, the bubble had burst. Buyers announced they could not pay the high price previously agreed upon for bulbs and the market fell apart. While it was not a devastating occurrence for the nation's economy, it did undermine social expectations. The event destroyed relationships built on trust and people's willingness and ability to pay.

>> No.26749036

>>26741285
The economy will be fine. Maybe short sellers will realize that there actually is real risk involved in shorting and if they want to contribute to society they should invest in companies instead of shorting them.

>> No.26749580
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26749580

>>26741285
Wouldn't it be funny if this was the black swan butterfly-flapping-its-wings moment that takes this economy down? A bunch of redditors and over-leveraged short sellers? Haha.

>> No.26749818

>>26742077
GOYIM THIS ISN'T FUNNY GOYIM

>> No.26749857
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26749857

>>26748602
And now stay comfy and enjoy the shitfest which about to start xD

>> No.26750626
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26750626

>>26741285
CNBC live, if you're drugged enough.
>https://www.livenewsnow.com/american/cnbc-america.html

>> No.26751466
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26751466

>>26749818
STOP LAUGHING GOY, LIVES ARE BEING RUINED