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Political Discussion
Reply to "Robin Hood just ended trading on GameStop and AMC"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Someone has made a fortune these past two days. I suspect it was the second line shorts as the original shorts got wiped out last week. Some of the WSB folks sold a part of their stake last week but aren’t parting with the rest (I have one coworker that has 10 and sold 5, for example.) [/quote] A lot of individuals got wiped out. They are crying on the board. [/quote] How many people need to tell you that you will end up with 0 until you believe them? Now they will blame some giant conspiracy.[/quote] If you are running a ponzi scheme, you need lots of suckers to come back and play again. If they find out it's a ponzi scheme, they will leave WSB. If they convince everyone it's a giant conspiracy, they will come back to try to win the next round.[/quote] This wasn't a ponzi scheme, redditors had plenty of time to cash out part of their investment to make something. It went on for days and the entire media and wall street apparatus was telling them to sell sell sell. Anyone acting like they didn't understand the risks at this point deserves what they got. [/quote]
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