Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:mAnonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It is literally incredible to me that people are on here thinking the redditors are the criminals. The little guys who cannot raise 1B overnight in capital and who didn't have millions sitting around to start this in the first place.
Its David vs Goliath and your position is "David is going to get HURT why did he pick this fight? He is a terrible person for putting himself and the audience members at risk like this! Goliath is going to murder him and it will be all his fault!"
But then David starts to win and someone hands Goliath a gun and you're like, "See you brought this on yourself David! You are going to get shot and its all your fault"
It’s actually very simple to understand.
Wall Street supports the democrat leadership in Congress. DCUM by-and-large also supports dems. Therefore whatever dems in Congress want, DCUM aligns with. In this case, dems will move heaven and earth to protect billionaire hedge funds from something like this ever happening again. Because Wall Street writes big campaign checks. The “little guys” are the enemy in this case.
That is why DCUM is against the Reddit investors. They take their cues from dem leaders in Congress.
It’s really no more complicated than that.
DP. Disagree. I think most of the posts in this thread are on the side of the redditors (never thought I'd say that lol) but there's one poster who isn't. He thinks he knows better than everyone else (that actually sounds like a redditor) and that he's right and everyone else is wrong. I'm not sure I'd put him on the side of "Dems and Congress". More like he's on the side of the status quo and hedge funds. Which is what a lot of the talking heads on the mainstream media yesterday were doing, too.
+1.
I am as Dem as it gets. But I against Robinhood. I would not necessarily say I support the redditors. I wasn't really rooting for them before RH pulled that number yesterday.
There seems to be a couple of people bashing the redditors on this thread. And that's about it. Most of the comments are supporting them.
I'm a Dem and don't support either side. The stock market is basically about making free money, so it's inherently corrupt. What makes the redditors even worse is that they try to posit themselves as common everyman heroes while throwing away their money, while it could be used to help the truly downtrodden who are losing their homes during a pandemic.
Some of the same people dummie
I think far more of the newly rich redditors will be donating to food banks than the hedge funds would had they been able to keep their money
I don't. I think that's a speculative fairy tale told to justify selfishness and wastefulness.
Wastefulness? Redditors have destroyed $70b. That's a lot of waste.
They didnt destroy any capital. They transferred it from billionaire hedge funds to themselves through capitalism.
They destroyed it. That money is gone. Poof.
I'm not sure if $70b is big enough to destroy hedge funds, but it might be. Now that everyone is looking at what they've done.
No. The gains are as real as the losses. Every trade has a winner and a loser.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:mAnonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It is literally incredible to me that people are on here thinking the redditors are the criminals. The little guys who cannot raise 1B overnight in capital and who didn't have millions sitting around to start this in the first place.
Its David vs Goliath and your position is "David is going to get HURT why did he pick this fight? He is a terrible person for putting himself and the audience members at risk like this! Goliath is going to murder him and it will be all his fault!"
But then David starts to win and someone hands Goliath a gun and you're like, "See you brought this on yourself David! You are going to get shot and its all your fault"
It’s actually very simple to understand.
Wall Street supports the democrat leadership in Congress. DCUM by-and-large also supports dems. Therefore whatever dems in Congress want, DCUM aligns with. In this case, dems will move heaven and earth to protect billionaire hedge funds from something like this ever happening again. Because Wall Street writes big campaign checks. The “little guys” are the enemy in this case.
That is why DCUM is against the Reddit investors. They take their cues from dem leaders in Congress.
It’s really no more complicated than that.
DP. Disagree. I think most of the posts in this thread are on the side of the redditors (never thought I'd say that lol) but there's one poster who isn't. He thinks he knows better than everyone else (that actually sounds like a redditor) and that he's right and everyone else is wrong. I'm not sure I'd put him on the side of "Dems and Congress". More like he's on the side of the status quo and hedge funds. Which is what a lot of the talking heads on the mainstream media yesterday were doing, too.
+1.
I am as Dem as it gets. But I against Robinhood. I would not necessarily say I support the redditors. I wasn't really rooting for them before RH pulled that number yesterday.
There seems to be a couple of people bashing the redditors on this thread. And that's about it. Most of the comments are supporting them.
I'm a Dem and don't support either side. The stock market is basically about making free money, so it's inherently corrupt. What makes the redditors even worse is that they try to posit themselves as common everyman heroes while throwing away their money, while it could be used to help the truly downtrodden who are losing their homes during a pandemic.
Some of the same people dummie
I think far more of the newly rich redditors will be donating to food banks than the hedge funds would had they been able to keep their money
I don't. I think that's a speculative fairy tale told to justify selfishness and wastefulness.
Wastefulness? Redditors have destroyed $70b. That's a lot of waste.
They didnt destroy any capital. They transferred it from billionaire hedge funds to themselves through capitalism.
They destroyed it. That money is gone. Poof.
I'm not sure if $70b is big enough to destroy hedge funds, but it might be. Now that everyone is looking at what they've done.
Aww poor hedgefunds.![]()
This is capitalism. We like it. When a company's business model does not work, it goes under.
Hedge funds need to try again; build something better.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:mAnonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It is literally incredible to me that people are on here thinking the redditors are the criminals. The little guys who cannot raise 1B overnight in capital and who didn't have millions sitting around to start this in the first place.
Its David vs Goliath and your position is "David is going to get HURT why did he pick this fight? He is a terrible person for putting himself and the audience members at risk like this! Goliath is going to murder him and it will be all his fault!"
But then David starts to win and someone hands Goliath a gun and you're like, "See you brought this on yourself David! You are going to get shot and its all your fault"
It’s actually very simple to understand.
Wall Street supports the democrat leadership in Congress. DCUM by-and-large also supports dems. Therefore whatever dems in Congress want, DCUM aligns with. In this case, dems will move heaven and earth to protect billionaire hedge funds from something like this ever happening again. Because Wall Street writes big campaign checks. The “little guys” are the enemy in this case.
That is why DCUM is against the Reddit investors. They take their cues from dem leaders in Congress.
It’s really no more complicated than that.
DP. Disagree. I think most of the posts in this thread are on the side of the redditors (never thought I'd say that lol) but there's one poster who isn't. He thinks he knows better than everyone else (that actually sounds like a redditor) and that he's right and everyone else is wrong. I'm not sure I'd put him on the side of "Dems and Congress". More like he's on the side of the status quo and hedge funds. Which is what a lot of the talking heads on the mainstream media yesterday were doing, too.
+1.
I am as Dem as it gets. But I against Robinhood. I would not necessarily say I support the redditors. I wasn't really rooting for them before RH pulled that number yesterday.
There seems to be a couple of people bashing the redditors on this thread. And that's about it. Most of the comments are supporting them.
I'm a Dem and don't support either side. The stock market is basically about making free money, so it's inherently corrupt. What makes the redditors even worse is that they try to posit themselves as common everyman heroes while throwing away their money, while it could be used to help the truly downtrodden who are losing their homes during a pandemic.
Some of the same people dummie
I think far more of the newly rich redditors will be donating to food banks than the hedge funds would had they been able to keep their money
I don't. I think that's a speculative fairy tale told to justify selfishness and wastefulness.
Wastefulness? Redditors have destroyed $70b. That's a lot of waste.
They didnt destroy any capital. They transferred it from billionaire hedge funds to themselves through capitalism.
They destroyed it. That money is gone. Poof.
I'm not sure if $70b is big enough to destroy hedge funds, but it might be. Now that everyone is looking at what they've done.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:mAnonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It is literally incredible to me that people are on here thinking the redditors are the criminals. The little guys who cannot raise 1B overnight in capital and who didn't have millions sitting around to start this in the first place.
Its David vs Goliath and your position is "David is going to get HURT why did he pick this fight? He is a terrible person for putting himself and the audience members at risk like this! Goliath is going to murder him and it will be all his fault!"
But then David starts to win and someone hands Goliath a gun and you're like, "See you brought this on yourself David! You are going to get shot and its all your fault"
It’s actually very simple to understand.
Wall Street supports the democrat leadership in Congress. DCUM by-and-large also supports dems. Therefore whatever dems in Congress want, DCUM aligns with. In this case, dems will move heaven and earth to protect billionaire hedge funds from something like this ever happening again. Because Wall Street writes big campaign checks. The “little guys” are the enemy in this case.
That is why DCUM is against the Reddit investors. They take their cues from dem leaders in Congress.
It’s really no more complicated than that.
DP. Disagree. I think most of the posts in this thread are on the side of the redditors (never thought I'd say that lol) but there's one poster who isn't. He thinks he knows better than everyone else (that actually sounds like a redditor) and that he's right and everyone else is wrong. I'm not sure I'd put him on the side of "Dems and Congress". More like he's on the side of the status quo and hedge funds. Which is what a lot of the talking heads on the mainstream media yesterday were doing, too.
+1.
I am as Dem as it gets. But I against Robinhood. I would not necessarily say I support the redditors. I wasn't really rooting for them before RH pulled that number yesterday.
There seems to be a couple of people bashing the redditors on this thread. And that's about it. Most of the comments are supporting them.
I'm a Dem and don't support either side. The stock market is basically about making free money, so it's inherently corrupt. What makes the redditors even worse is that they try to posit themselves as common everyman heroes while throwing away their money, while it could be used to help the truly downtrodden who are losing their homes during a pandemic.
Some of the same people dummie
I think far more of the newly rich redditors will be donating to food banks than the hedge funds would had they been able to keep their money
I don't. I think that's a speculative fairy tale told to justify selfishness and wastefulness.
Wastefulness? Redditors have destroyed $70b. That's a lot of waste.
They didnt destroy any capital. They transferred it from billionaire hedge funds to themselves through capitalism.
They destroyed it. That money is gone. Poof.
I'm not sure if $70b is big enough to destroy hedge funds, but it might be. Now that everyone is looking at what they've done.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:mAnonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It is literally incredible to me that people are on here thinking the redditors are the criminals. The little guys who cannot raise 1B overnight in capital and who didn't have millions sitting around to start this in the first place.
Its David vs Goliath and your position is "David is going to get HURT why did he pick this fight? He is a terrible person for putting himself and the audience members at risk like this! Goliath is going to murder him and it will be all his fault!"
But then David starts to win and someone hands Goliath a gun and you're like, "See you brought this on yourself David! You are going to get shot and its all your fault"
It’s actually very simple to understand.
Wall Street supports the democrat leadership in Congress. DCUM by-and-large also supports dems. Therefore whatever dems in Congress want, DCUM aligns with. In this case, dems will move heaven and earth to protect billionaire hedge funds from something like this ever happening again. Because Wall Street writes big campaign checks. The “little guys” are the enemy in this case.
That is why DCUM is against the Reddit investors. They take their cues from dem leaders in Congress.
It’s really no more complicated than that.
DP. Disagree. I think most of the posts in this thread are on the side of the redditors (never thought I'd say that lol) but there's one poster who isn't. He thinks he knows better than everyone else (that actually sounds like a redditor) and that he's right and everyone else is wrong. I'm not sure I'd put him on the side of "Dems and Congress". More like he's on the side of the status quo and hedge funds. Which is what a lot of the talking heads on the mainstream media yesterday were doing, too.
+1.
I am as Dem as it gets. But I against Robinhood. I would not necessarily say I support the redditors. I wasn't really rooting for them before RH pulled that number yesterday.
There seems to be a couple of people bashing the redditors on this thread. And that's about it. Most of the comments are supporting them.
I'm a Dem and don't support either side. The stock market is basically about making free money, so it's inherently corrupt. What makes the redditors even worse is that they try to posit themselves as common everyman heroes while throwing away their money, while it could be used to help the truly downtrodden who are losing their homes during a pandemic.
Some of the same people dummie
I think far more of the newly rich redditors will be donating to food banks than the hedge funds would had they been able to keep their money
I don't. I think that's a speculative fairy tale told to justify selfishness and wastefulness.
Wastefulness? Redditors have destroyed $70b. That's a lot of waste.
They didnt destroy any capital. They transferred it from billionaire hedge funds to themselves through capitalism.
Anonymous wrote:Anonymous wrote:Anonymous wrote:mAnonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It is literally incredible to me that people are on here thinking the redditors are the criminals. The little guys who cannot raise 1B overnight in capital and who didn't have millions sitting around to start this in the first place.
Its David vs Goliath and your position is "David is going to get HURT why did he pick this fight? He is a terrible person for putting himself and the audience members at risk like this! Goliath is going to murder him and it will be all his fault!"
But then David starts to win and someone hands Goliath a gun and you're like, "See you brought this on yourself David! You are going to get shot and its all your fault"
It’s actually very simple to understand.
Wall Street supports the democrat leadership in Congress. DCUM by-and-large also supports dems. Therefore whatever dems in Congress want, DCUM aligns with. In this case, dems will move heaven and earth to protect billionaire hedge funds from something like this ever happening again. Because Wall Street writes big campaign checks. The “little guys” are the enemy in this case.
That is why DCUM is against the Reddit investors. They take their cues from dem leaders in Congress.
It’s really no more complicated than that.
DP. Disagree. I think most of the posts in this thread are on the side of the redditors (never thought I'd say that lol) but there's one poster who isn't. He thinks he knows better than everyone else (that actually sounds like a redditor) and that he's right and everyone else is wrong. I'm not sure I'd put him on the side of "Dems and Congress". More like he's on the side of the status quo and hedge funds. Which is what a lot of the talking heads on the mainstream media yesterday were doing, too.
+1.
I am as Dem as it gets. But I against Robinhood. I would not necessarily say I support the redditors. I wasn't really rooting for them before RH pulled that number yesterday.
There seems to be a couple of people bashing the redditors on this thread. And that's about it. Most of the comments are supporting them.
I'm a Dem and don't support either side. The stock market is basically about making free money, so it's inherently corrupt. What makes the redditors even worse is that they try to posit themselves as common everyman heroes while throwing away their money, while it could be used to help the truly downtrodden who are losing their homes during a pandemic.
Some of the same people dummie
I think far more of the newly rich redditors will be donating to food banks than the hedge funds would had they been able to keep their money
I don't. I think that's a speculative fairy tale told to justify selfishness and wastefulness.
Wastefulness? Redditors have destroyed $70b. That's a lot of waste.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:mAnonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It is literally incredible to me that people are on here thinking the redditors are the criminals. The little guys who cannot raise 1B overnight in capital and who didn't have millions sitting around to start this in the first place.
Its David vs Goliath and your position is "David is going to get HURT why did he pick this fight? He is a terrible person for putting himself and the audience members at risk like this! Goliath is going to murder him and it will be all his fault!"
But then David starts to win and someone hands Goliath a gun and you're like, "See you brought this on yourself David! You are going to get shot and its all your fault"
It’s actually very simple to understand.
Wall Street supports the democrat leadership in Congress. DCUM by-and-large also supports dems. Therefore whatever dems in Congress want, DCUM aligns with. In this case, dems will move heaven and earth to protect billionaire hedge funds from something like this ever happening again. Because Wall Street writes big campaign checks. The “little guys” are the enemy in this case.
That is why DCUM is against the Reddit investors. They take their cues from dem leaders in Congress.
It’s really no more complicated than that.
DP. Disagree. I think most of the posts in this thread are on the side of the redditors (never thought I'd say that lol) but there's one poster who isn't. He thinks he knows better than everyone else (that actually sounds like a redditor) and that he's right and everyone else is wrong. I'm not sure I'd put him on the side of "Dems and Congress". More like he's on the side of the status quo and hedge funds. Which is what a lot of the talking heads on the mainstream media yesterday were doing, too.
+1.
I am as Dem as it gets. But I against Robinhood. I would not necessarily say I support the redditors. I wasn't really rooting for them before RH pulled that number yesterday.
There seems to be a couple of people bashing the redditors on this thread. And that's about it. Most of the comments are supporting them.
I'm a Dem and don't support either side. The stock market is basically about making free money, so it's inherently corrupt. What makes the redditors even worse is that they try to posit themselves as common everyman heroes while throwing away their money, while it could be used to help the truly downtrodden who are losing their homes during a pandemic.
Some of the same people dummie
I think far more of the newly rich redditors will be donating to food banks than the hedge funds would had they been able to keep their money
I don't. I think that's a speculative fairy tale told to justify selfishness and wastefulness.
Wastefulness? Redditors have destroyed $70b. That's a lot of waste.
There are no guarantees in the market. The hedge fund Bros know this. You win some you lose some.
Anonymous wrote:Anonymous wrote:Anonymous wrote:mAnonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It is literally incredible to me that people are on here thinking the redditors are the criminals. The little guys who cannot raise 1B overnight in capital and who didn't have millions sitting around to start this in the first place.
Its David vs Goliath and your position is "David is going to get HURT why did he pick this fight? He is a terrible person for putting himself and the audience members at risk like this! Goliath is going to murder him and it will be all his fault!"
But then David starts to win and someone hands Goliath a gun and you're like, "See you brought this on yourself David! You are going to get shot and its all your fault"
It’s actually very simple to understand.
Wall Street supports the democrat leadership in Congress. DCUM by-and-large also supports dems. Therefore whatever dems in Congress want, DCUM aligns with. In this case, dems will move heaven and earth to protect billionaire hedge funds from something like this ever happening again. Because Wall Street writes big campaign checks. The “little guys” are the enemy in this case.
That is why DCUM is against the Reddit investors. They take their cues from dem leaders in Congress.
It’s really no more complicated than that.
DP. Disagree. I think most of the posts in this thread are on the side of the redditors (never thought I'd say that lol) but there's one poster who isn't. He thinks he knows better than everyone else (that actually sounds like a redditor) and that he's right and everyone else is wrong. I'm not sure I'd put him on the side of "Dems and Congress". More like he's on the side of the status quo and hedge funds. Which is what a lot of the talking heads on the mainstream media yesterday were doing, too.
+1.
I am as Dem as it gets. But I against Robinhood. I would not necessarily say I support the redditors. I wasn't really rooting for them before RH pulled that number yesterday.
There seems to be a couple of people bashing the redditors on this thread. And that's about it. Most of the comments are supporting them.
I'm a Dem and don't support either side. The stock market is basically about making free money, so it's inherently corrupt. What makes the redditors even worse is that they try to posit themselves as common everyman heroes while throwing away their money, while it could be used to help the truly downtrodden who are losing their homes during a pandemic.
Some of the same people dummie
I think far more of the newly rich redditors will be donating to food banks than the hedge funds would had they been able to keep their money
I don't. I think that's a speculative fairy tale told to justify selfishness and wastefulness.
Wastefulness? Redditors have destroyed $70b. That's a lot of waste.
Anonymous wrote:Redditors have destroyed $19b in as-of-yet-unrealized losses over Gamestop stock and $70b in as-of-yet unrealized losses from driving up various shorted stocks.
Creative destruction indeed.
https://markets.businessinsider.com/news/stocks/short-sellers-sitting-on-19-billion-of-losses-on-gamestop-data-shows-2021-1-1030020684
Anonymous wrote:Anonymous wrote:Anonymous wrote:mAnonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It is literally incredible to me that people are on here thinking the redditors are the criminals. The little guys who cannot raise 1B overnight in capital and who didn't have millions sitting around to start this in the first place.
Its David vs Goliath and your position is "David is going to get HURT why did he pick this fight? He is a terrible person for putting himself and the audience members at risk like this! Goliath is going to murder him and it will be all his fault!"
But then David starts to win and someone hands Goliath a gun and you're like, "See you brought this on yourself David! You are going to get shot and its all your fault"
It’s actually very simple to understand.
Wall Street supports the democrat leadership in Congress. DCUM by-and-large also supports dems. Therefore whatever dems in Congress want, DCUM aligns with. In this case, dems will move heaven and earth to protect billionaire hedge funds from something like this ever happening again. Because Wall Street writes big campaign checks. The “little guys” are the enemy in this case.
That is why DCUM is against the Reddit investors. They take their cues from dem leaders in Congress.
It’s really no more complicated than that.
DP. Disagree. I think most of the posts in this thread are on the side of the redditors (never thought I'd say that lol) but there's one poster who isn't. He thinks he knows better than everyone else (that actually sounds like a redditor) and that he's right and everyone else is wrong. I'm not sure I'd put him on the side of "Dems and Congress". More like he's on the side of the status quo and hedge funds. Which is what a lot of the talking heads on the mainstream media yesterday were doing, too.
+1.
I am as Dem as it gets. But I against Robinhood. I would not necessarily say I support the redditors. I wasn't really rooting for them before RH pulled that number yesterday.
There seems to be a couple of people bashing the redditors on this thread. And that's about it. Most of the comments are supporting them.
I'm a Dem and don't support either side. The stock market is basically about making free money, so it's inherently corrupt. What makes the redditors even worse is that they try to posit themselves as common everyman heroes while throwing away their money, while it could be used to help the truly downtrodden who are losing their homes during a pandemic.
Some of the same people dummie
I think far more of the newly rich redditors will be donating to food banks than the hedge funds would had they been able to keep their money
I don't. I think that's a speculative fairy tale told to justify selfishness and wastefulness.
Wastefulness? Redditors have destroyed $70b. That's a lot of waste.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It is literally incredible to me that people are on here thinking the redditors are the criminals. The little guys who cannot raise 1B overnight in capital and who didn't have millions sitting around to start this in the first place.
Its David vs Goliath and your position is "David is going to get HURT why did he pick this fight? He is a terrible person for putting himself and the audience members at risk like this! Goliath is going to murder him and it will be all his fault!"
But then David starts to win and someone hands Goliath a gun and you're like, "See you brought this on yourself David! You are going to get shot and its all your fault"
It’s actually very simple to understand.
Wall Street supports the democrat leadership in Congress. DCUM by-and-large also supports dems. Therefore whatever dems in Congress want, DCUM aligns with. In this case, dems will move heaven and earth to protect billionaire hedge funds from something like this ever happening again. Because Wall Street writes big campaign checks. The “little guys” are the enemy in this case.
That is why DCUM is against the Reddit investors. They take their cues from dem leaders in Congress.
It’s really no more complicated than that.
DP. Disagree. I think most of the posts in this thread are on the side of the redditors (never thought I'd say that lol) but there's one poster who isn't. He thinks he knows better than everyone else (that actually sounds like a redditor) and that he's right and everyone else is wrong. I'm not sure I'd put him on the side of "Dems and Congress". More like he's on the side of the status quo and hedge funds. Which is what a lot of the talking heads on the mainstream media yesterday were doing, too.
+1.
I am as Dem as it gets. But I against Robinhood. I would not necessarily say I support the redditors. I wasn't really rooting for them before RH pulled that number yesterday.
There seems to be a couple of people bashing the redditors on this thread. And that's about it. Most of the comments are supporting them.
I'm a Dem and don't support either side. The stock market is basically about making free money, so it's inherently corrupt. What makes the redditors even worse is that they try to posit themselves as common everyman heroes while throwing away their money, while it could be used to help the truly downtrodden who are losing their homes during a pandemic.
Anonymous wrote:Anonymous wrote:mAnonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It is literally incredible to me that people are on here thinking the redditors are the criminals. The little guys who cannot raise 1B overnight in capital and who didn't have millions sitting around to start this in the first place.
Its David vs Goliath and your position is "David is going to get HURT why did he pick this fight? He is a terrible person for putting himself and the audience members at risk like this! Goliath is going to murder him and it will be all his fault!"
But then David starts to win and someone hands Goliath a gun and you're like, "See you brought this on yourself David! You are going to get shot and its all your fault"
It’s actually very simple to understand.
Wall Street supports the democrat leadership in Congress. DCUM by-and-large also supports dems. Therefore whatever dems in Congress want, DCUM aligns with. In this case, dems will move heaven and earth to protect billionaire hedge funds from something like this ever happening again. Because Wall Street writes big campaign checks. The “little guys” are the enemy in this case.
That is why DCUM is against the Reddit investors. They take their cues from dem leaders in Congress.
It’s really no more complicated than that.
DP. Disagree. I think most of the posts in this thread are on the side of the redditors (never thought I'd say that lol) but there's one poster who isn't. He thinks he knows better than everyone else (that actually sounds like a redditor) and that he's right and everyone else is wrong. I'm not sure I'd put him on the side of "Dems and Congress". More like he's on the side of the status quo and hedge funds. Which is what a lot of the talking heads on the mainstream media yesterday were doing, too.
+1.
I am as Dem as it gets. But I against Robinhood. I would not necessarily say I support the redditors. I wasn't really rooting for them before RH pulled that number yesterday.
There seems to be a couple of people bashing the redditors on this thread. And that's about it. Most of the comments are supporting them.
I'm a Dem and don't support either side. The stock market is basically about making free money, so it's inherently corrupt. What makes the redditors even worse is that they try to posit themselves as common everyman heroes while throwing away their money, while it could be used to help the truly downtrodden who are losing their homes during a pandemic.
Some of the same people dummie
I think far more of the newly rich redditors will be donating to food banks than the hedge funds would had they been able to keep their money
I don't. I think that's a speculative fairy tale told to justify selfishness and wastefulness.
Anonymous wrote:I would like to take this chance to remind everyone that investments in the stock market do not come with guaranteed returns, and that hedge fund short selling is an inherently risky chance to take (and comes with potentially limitless losses), and that the reason why you can make lots of money is because of the risk. At least, that's what's been bleated at me my whole life.
Businesses and investors deserve the wins because they risk the losses. They don't deserve the wins because they are already wealthy and are protected from losses.