It really is f***ing awesome.
Had a friend who made 100k off it, I thought he was kidding so I didn't look into it during the pump
So essentially like what they just did but without the finance bro stimulus?
Nah this is a different situation because the hedge fund is shorting it so essentially the hedge fund owes a certain amount of GameStop stock and this is pumping the price up so that when the deadline for paying back that stock comes the price is high and the hedge fund has to pay a huge amount to stock owners to fulfill that contract
When it’s a pump and dump usually there’s nothing like this happening it’s just people trying to give a reason for a stock to rise and then selling when they profit
wish i understood this stuff smh
every 6 months i re google stock terms and still dont get it
I'm full on into cryptocurrency tbh, I dont really mess with stocks ever. I would have gotten into GME if I knew what I do now.
Cryptos are wild though, 5-10xs are pretty common. But also dangerous asf cause it's completely unregulated and scams happen all the time
Yeah I was tempted to ride this wave but the better thing to do is read up on businesses that are getting shorted at an unreasonable level and see if there's any organized momentum to buy in. This WILL happen again, it worked too well the first time, but most short squeezes aren't like this. It will take some time before we see another one like this.
KTT needs to organize the next one.
I'm full on into cryptocurrency tbh, I dont really mess with stocks ever. I would have gotten into GME if I knew what I do now.
Cryptos are wild though, 5-10xs are pretty common. But also dangerous asf cause it's completely unregulated and scams happen all the time
scams dont happen all the time lmao tf you talkin about
I've seen $NAKD posted in 3 separate internet places I browse regularly being touted as the next meme stock.
I've seen $NAKD posted in 3 separate internet places I browse regularly being touted as the next meme stock.
Funny enough my dad was a bag holder of that stock for like 7 months and he’s managed to get out today with some profit
If you bought GameStop stock in 2021 you weren't tricked you're just a dumbass
you sped?
Funny enough my dad was a bag holder of that stock for like 7 months and he’s managed to get out today with some profit
oh jeez yeah it's popped off overnight. good for your pop.
scams dont happen all the time lmao tf you talkin about
You probably haven't been in crypto very long if you think rugpulls and exit scams aren't extremely common. I literally have facts that will back that up.
Hundreds occur every week on Uniswap
as if anyone needed to be reminded that the stock market is fake lmaoo
it’s just astrology for the cishet (men) but not as fun
They need to ban short selling tbh
Caused 2008 crisis and now this, except the situation is reversed and big firms are getting destroyed
KTT needs to organize the next one.
Per Washington Post
Sequel to Kanye West message board creates sequel to GameStop short squeeze
"KTT2 posters are experiencing no pity for those coming out on the losing end of these investments.
'Hedge fund bros?
crine brine dine' is a common refrain at KTT2, where a thread dedicated to socialist theory is among its most popular.
"Are you with Biden? Where's our f***ing checks?" asked socialism thread regular Synopsis.
The success of their venture has changed the outlook of these young men. 'Brown boys were goin thru it, but now we on top. Praise be to Nav Hendrix' said one caucasian KTT2 poster.
Their purported leader, hip hop producer Mike Dean, has not responded to our request for comment."
Per Washington Post
Sequel to Kanye West message board creates sequel to GameStop short squeeze
"KTT2 posters are experiencing no pity for those coming out on the losing end of these investments.
'Hedge fund bros?
crine brine dine' is a common refrain at KTT2, where a thread dedicated to socialist theory is among its most popular.
"Are you with Biden? Where's our f***ing checks?" asked socialism thread regular Synopsis.
The success of their venture has changed the outlook of these young men. 'Brown boys were goin thru it, but now we on top. Praise be to Nav Hendrix' said one caucasian KTT2 poster.
Their purported leader, hip hop producer Mike Dean, has not responded to our request for comment."
Per Washington Post
Sequel to Kanye West message board creates sequel to GameStop short squeeze
"KTT2 posters are experiencing no pity for those coming out on the losing end of these investments.
'Hedge fund bros?
crine brine dine' is a common refrain at KTT2, where a thread dedicated to socialist theory is among its most popular.
"Are you with Biden? Where's our f***ing checks?" asked socialism thread regular Synopsis.
The success of their venture has changed the outlook of these young men. 'Brown boys were goin thru it, but now we on top. Praise be to Nav Hendrix' said one caucasian KTT2 poster.
Their purported leader, hip hop producer Mike Dean, has not responded to our request for comment."
lmfaooo
Per Washington Post
Sequel to Kanye West message board creates sequel to GameStop short squeeze
"KTT2 posters are experiencing no pity for those coming out on the losing end of these investments.
'Hedge fund bros?
crine brine dine' is a common refrain at KTT2, where a thread dedicated to socialist theory is among its most popular.
"Are you with Biden? Where's our f***ing checks?" asked socialism thread regular Synopsis.
The success of their venture has changed the outlook of these young men. 'Brown boys were goin thru it, but now we on top. Praise be to Nav Hendrix' said one caucasian KTT2 poster.
Their purported leader, hip hop producer Mike Dean, has not responded to our request for comment."
Crine