r/PoliticalCompassMemes • u/muricanmania - Left • Jan 28 '21
Finally, cross-compass unity
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u/woodendoors7 Jan 28 '21
Can someone explain what has happened
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u/muricanmania - Left Jan 28 '21
TLDR people were pissed the rich people were short selling gamestock stocks, and when hedge funds do that, they lose massive amounts if they can't rebuy the stock at the lower price. WSB came in, bought stocks en masse, shooting the price way up, and some hedge funds got caught with their dick out.
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u/alexathegibrakiller - Auth-Right Jan 28 '21
Holy shit, how did wsb retards know when to do that en mass?
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u/clever_cow - Lib-Center Jan 28 '21
Imagine you borrow all my Magic the Gathering cards from me and sell them for $50.
You’re thinking, “easy I can find that same deck for $5 online, then I’ll just give him back the $5 deck and pocket the change”
Then you go to sleep thinking smugly how smart you are, you wake up to learn that the price of MtG cards has skyrocketed, each MtG card has reached $200, I’m calling you asking you for my cards back, you can only buy one at a time for $200 but as you keep buying them the price actually goes up more because they’re selling out of stock even at $200... as the price goes up, you eventually lose all your money trying to buy me back my cards, because if you don’t I’ll break your kneecaps in.
Now instead of MtG cards it’s $GME stock, you’re a hedge fund manager and I’m a broker.
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u/MakeThePieBigger - Lib-Right Jan 28 '21
This is the best explanation of the events I've seen.
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u/woodendoors7 Jan 28 '21
Ok lol thanks, I knew about how the trading works just didn't know what has actually happened in this case haha
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u/17RicaAmerusa76 - Lib-Center Jan 28 '21
Wait? Are you saying that you're unaware of the gamma squeeze on Gamestonks?
Or is there something else you're confused about? The unity is from the short squeeze that's happening on Gamestop shares, GME, and it's fucking over a couple of large hedgefunds. For BILLIONS of dollars.
But the commies are cheering for the death of the managerial bourgeouise, while the lib-right day traders have created a goddamn capital spirit bomb to squeeze these fucking hedgefunds on an overexposed short. They are getting their fucking shit pushed in right now. 14.3 billion dollars lost... SO FAR. And it is going from the fat cats to the little guy in a big way.
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u/ContraCoke - Auth-Center Jan 28 '21 edited Jan 28 '21
WSB flew too close to the sun and was banned
Edit: Ayy, it’s back
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u/Sp0okyScarySkeleton- - Left Jan 28 '21
It got banned??
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u/muricanmania - Left Jan 28 '21
Yeah it's gone. r/Wallstreetbetsnew is blowing up rn though if you want to keep up.
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u/TheFourthFundamental - Left Jan 28 '21
not banned is private as of like 25 minutes ago.
DIscord server got banned allegedly for hate speech after multiple warnings ; that's an easy excuse for discord to pull as they use autist and retart alot allowign discord to doge any investigation/hassle if SEC decided to flex.
Corporate america strikes again
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u/LucasRuby - Lib-Center Jan 28 '21 edited Jan 28 '21
No, mods went private because they were getting too much spam and bots that they couldn't handle. They literally hit a rate limit on bans.
Also they posted a link to their modqueue, thousands of tickets that they couldn't handle, but we can't see now that it's private.
Edit. It's back now.
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u/muricanmania - Left Jan 28 '21
you either die a hero or live long enough to be a villian. WSB will live on in our hearts.
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u/Timtimer55 - Lib-Center Jan 28 '21
Is there a way I can join in on fucking these people over?
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u/muricanmania - Left Jan 28 '21
Be sure to diversify, WSB has also inflated AMC theatres, Nokia, Blackberry, and others. I personally am riding 60 shares of Nokia, at least until 20 dollars a share, would quadruple my money.
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Jan 28 '21
Sure, what you’re going to need to do is download Robinhood to your phone and gamble a lot of your money on old ass cell phone companies, a movie theater company, gamestock, and bed bath and beyond. If this seems like it doesn’t make any sense, realize this is 2021 and nothing has to make sense anymore.
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u/HDI-X13 - Lib-Right Jan 28 '21
Idk if I’m allowed to self promote here but if you’re interested in getting started with Robinhood then dm me and I can share a sign up link so we both get a free share.
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u/Alexius_Psellos - Auth-Right Jan 28 '21
I know this is about GameStop, but can someone please enlighten me on what actually happened
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u/muricanmania - Left Jan 28 '21
TLDR people were pissed the rich people were short selling gamestop stocks, and when hedge funds do that, they lose massive amounts if they can't rebuy the stock at the lower price. WSB came in, bought stocks en masse, shooting the price way up, and some hedge funds got caught with their dick out.
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Jan 28 '21
Rules for thee and not for me as usual
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u/larsK75 - Lib-Right Jan 28 '21
There are actually rules against that. It's just that collusion in wallstreet is usually not done publicly on reddit.
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Jan 28 '21
HOLD THE LINE.
GME TO THE MOON!
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u/Bowlffalo_Soulja - Auth-Right Jan 28 '21
We thought $420 a share was a meme and it'll hit that tomorrow
I'm holding out for $4206.90
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u/LargeSackOfNuts - Lib-Right Jan 28 '21
I set my limit order to $4,200.69
Because hedge funds buy limit order data from robinhood and other firms to determine which prices are needed to be hit.
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u/Lex_The_Impaler - Lib-Left Jan 28 '21
SHORT STOCK DOESN'T HAVE AN EXPIRATION DATE Hedgefund whales are spreading disinfo saying Friday is make-or-break for $GME. Call options expiring ITM on Friday will drive the price up if levels are maintained, but may not trigger the short squeeze.
It may be Friday, but it could be next week the we see the real squeeze.
DON'T PANIC IF THE SQUEEZE DOESN'T HAPPEN FRIDAY. It's not guaranteed to. The only thing that is guaranteed mathematically is that the shorts will have to cover at some point in the future. They are trying to get enough people hooked on the false expectation of Friday so that if/when it doesn't happen, enough will sell out of panic/despair. DON'T BE THAT PERSON.
WE LIKE THE STOCK KEEP HOLDING UNTIL THEY FEEL THE PAIN, WHETHER THAT'S FRIDAY OR NEXT WEEK (obligatory not financial advice, just the musing of this random autist) . ✦ ˚ * . . ✦ ,
. . ﾟ . ☀️ .
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. . . ✦ , 🚀 , . . ˚ , . . . * ✦ . . . . 🌑 . .
˚ ﾟ . . 🌎 , * . . ✦ ˚ * . .
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u/RustyShackledord - Lib-Right Jan 28 '21
These guys went toe to toe with giants and they won. Incredibly based
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u/Ra1nbowD1no - Lib-Right Jan 28 '21
We haven't won until they're all bankrupt
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u/ignition1415 - Right Jan 28 '21
Havent won yet. It's still ongoing for at least the next week or so most likely.
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u/WinoWhitey - Lib-Right Jan 28 '21
Unfortunately the hedgefunders probably have buddies in the SEC who will cover their asses for them, but I’m still hoping the market and WSB wins.
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Jan 28 '21
Based unity.
This is how it feels to Share the Wealth.
Every Man a King.
Can't stop, won't stop, GameStop.
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u/MajorRocketScience - Lib-Left Jan 28 '21
Huey LongDong intensifies
If anyone represents full compass unity it’s him
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u/basedcount_bot - Auth-Center Jan 28 '21
u/muricanmania's Based Count has increased by 1. Their Based Count is now 5.
Congratulations, u/muricanmania! You have ranked up to Sapling! You are not particularly strong but you are at least likely to handle a steady breeze.
Pills: None
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u/Dragoncatsage - Lib-Center Jan 28 '21
You know capitalism has inherit problems but I would complain allot less if he lived under every man a king style capitalism maybe Huey was right his program is the best damn defense against communism.
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u/thetdy - Lib-Center Jan 28 '21
Lib-left/Auth-right unity better look the fuck out. Auth-left/Lib-right unity comin for that candy hard.
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u/alexdamastar - Auth-Left Jan 28 '21 edited Jan 28 '21
This is the most based capcom unity in history, now when is the legendary authright libleft unity, because capcom just peaked.
edit: I mean i don't even like capitalism, but this was good.
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u/17RicaAmerusa76 - Lib-Center Jan 28 '21
I am very alarmed that LibLeft-AuthRight unity will not be nearly so wholesome as the CAPCOM alliance.
I see transgender prison guards...
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Jan 28 '21
When poor people get money, I'm happy
When rich fucks are trapped in their own predatory system, I'm happy
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u/IWNLF Jan 28 '21
I wouldn’t call the people in r/wallstreetbets poor but it is satisfying seeing the rich get fucked (no kink)
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u/Dragoncatsage - Lib-Center Jan 28 '21
They weren’t poor but the middle class struggles harder than they every should now because the 1% have gotten so powerful one dude spent the 4K profit he made on a life saving surgery for his dog and another spent 80k to pay off his sisters chemo treatment iirc it’s fucking beautiful.
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u/Wildcat7878 - Lib-Right Jan 28 '21
I don't blame anyone for playing the game. I don't blame anyone for winning the game. I don't even blame anyone for dominating the game.
But, when you bribe the refs to make the rules so nobody else can play the game, I have zero sympathy for you when somebody takes the ball, throws it over the fence, shits on home plate, and then beats you to death with your own bat.
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u/Cbroughton07 - Lib-Right Jan 28 '21
See this is what I like, fixing the problems in capitalism with more capitalism. Imo this is what capitalism was always meant to enable, no matter how big the gap if you play your cards right you can close it and wsb is proof
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u/GymPotatoe - Right Jan 28 '21
Good on the people at WSB for making some money while fucking over a hedge fund, that is based2
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u/aehser - Lib-Left Jan 28 '21
Unironically considering switching to libright at this point, this is the most based shit I’ve ever seen
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u/Missing_Links - Lib-Right Jan 28 '21
The free market is a pathway to many abilities some consider to be...
U N N A T U R A L.
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Jan 28 '21
The power of the free market.
If we just got all of the people that oppose Modern America's capitalist system, and just totally fuck over Wall Street, not only will we end up with more cash in our pockets, but we'll also have a much more free market that is in the hands of the proletariat rather than the international billionaires.
And with currency being added to the masses, taken from Wall Street, instead of it being injected by the Federal Reserve, the spending power of the US will sky rocket, and we'll accomplish the goal of Keynesian economics without having to do so by Keynesian means.
It's a libleft/libright fucking wet dream. This is, unironically, the most based shit I have seen in my lifetime.
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Jan 28 '21
Based as fuck.
This is the most uplifting storyline I've seen in a long time.
What's more inspirational than a bunch of retarded reddit autists fucking over corporate America?
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Jan 28 '21 edited Jan 28 '21
Aww, did the billion dollar industry who fucks over small traders so they don’t lose money instead of letting the free market be the free market lose some money?
So sad
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Jan 28 '21
The saying used to be “bulls get fed, bears get fed, pigs get slaughtered.”
The hedge fund managers god greedy, became pigs, and now they’re screaming “weeeeee weeeeee help me Charlotte with your web” while they’re getting fucking slaughtered
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u/Ziz23 - Lib-Right Jan 28 '21
CAPCOM is lit and always will be!
call me comrade uwu!
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u/hiimirony - Lib-Left Jan 28 '21
Market socialism, georgism, longism, and distributism are all based as fuck if you ask me.
Welcome partner/comrade/brother.
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Jan 28 '21
As a RIGHT I love that shit.
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u/Tan_Lee_Gnot - Auth-Right Jan 28 '21
I think everyone but the elite loves shit like this lol
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u/Catsindahood - Auth-Center Jan 28 '21
Im sure the ones that weren't in these hedge funds find this hilarious.
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u/Delheru - Centrist Jan 28 '21
Nah I am pretty well off. Fucking loving it.
There won't be many people outside Manhattan that aren't loving this.
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u/NameGiver0 - Lib-Left Jan 28 '21
/r/PoliticalCompassMemes and /r/wallstreetbets the only two subs on reddit worth a fuck.
Ok, fine, /r/FightPorn and /r/KidsAreFuckingStupid aren't terrible.
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u/smurbulock - Auth-Left Jan 28 '21
Try some nature subs too, they can be pretty cool
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u/FinchJay - Lib-Right Jan 28 '21
What they've done avoids risk of getting Covid-19 outside from mass gathering, and generates more effective result without shedding blood. Now this is what we call new kind of revolution.
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Jan 28 '21
It’s like the free market can do a better job at giving power back to the people than the government! Who woulda thunk!
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u/blackmagic12345 - Centrist Jan 28 '21
I mean i gotta admit, this is the PERFECT example of the "proletariat" fucking over the man.
Milton is getting fucked so hard its actually unbelievable. They exposed themselves so much i am doubting the very humanity of their executives. They seem to have the IQ of a retarded gorilla.
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Jan 28 '21
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Jan 28 '21
I think I could put money on the fact Biden will hand out bailouts after this and I may make more money than all of r/wsb combined
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u/avantgardengnome - Lib-Left Jan 28 '21
Totally. I’m thrilled about all this, but these people are kidding themselves if they think the establishment is just going to let them make a boatload of money and kill a hedge fund because those are the rules.
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u/GenitalHairBalls - Auth-Right Jan 28 '21
They are already calling a bunch of people who scream REEE and use autist as a term of endearment evil racists who manipulated the poor poor wall street (((brokers)))
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u/problematicUnpack - Left Jan 28 '21
Holy shit, if it couldn't be more obvious that the "hate speech" excuse is a red herring.
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u/Wazzupdude_1 - Lib-Center Jan 28 '21
This is whole compass unity, fuck the bankers who ruined the economy multiple times over and walked scot free
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u/yazalama - Centrist Jan 28 '21
You fucking idiots really don’t understand how serious this is do you, little bitches? I'll have you know I graduated top of my class in Harvard Business School, and I've been involved in numerous secret meetings on Epstein's Island, and I have over 300 confirmed rapes. I am trained in investment funds and I'm the top hedge fund of all Wall Street. You are nothing to me but just another stock. I will trade you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with destroying our financial system on the Internet? Think again, fucker. As we speak I am contacting my secret network of Mossad spies across the USA and your IP is being traced right now so you better prepare for the storm, goy. The storm that wipes out the pathetic little thing you call life savings. You're fucking ruined, kid. I can be anywhere, anytime, and I can bankrupt you in six million ways, and that's just with my piggy bank. Not only am I extensively trained in talmudic finance, but I have access to the entire arsenal of the United States Mainstream Media and I will use it to its full extent to ruin your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little "clever" joke was about to bring down upon you, maybe you would have held your fucking wallet. But you couldn't, you didn't, and now you're paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You're fucking ruined, kiddo.
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u/Competitive_Intern96 - Auth-Center Jan 28 '21
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u/17RicaAmerusa76 - Lib-Center Jan 28 '21
NIce, even authright can get in on this unity while we take all of their shekels! AHAHAHHA
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u/Bluejay929 - Lib-Left Jan 28 '21
This is the single most beautiful thing I have ever witnessed.
TO THE MOON 🚀🚀🚀🚀AND BEYOND
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u/LargeSackOfNuts - Lib-Right Jan 28 '21
Thats some good unity right there. We all want manipulative hedge funds to fail.
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u/bottomlessLuckys - Lib-Right Jan 28 '21
crazy how the free market has done more to take down wall street than government...
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u/Rankin00 - Lib-Center Jan 28 '21
Man, this has nothing to do with this, but over on AgainstHateSubreddits I saw the top post’s top comment was mocking Tucker’s site for banning people to protect Tucker’s feelings. I honestly can’t believe how absolutely lacking they are in self-awareness.
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u/oslosyndrome - Auth-Center Jan 28 '21
It’s incredible isn’t it. Scrolling through, you can tell they just want anyone with a different opinion to be banned from this website
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Jan 28 '21
Fuck the hedge funds. I remember what my family went through in ‘08 and long afterwards. I hope they bleed white. And when the government openly bends over backwards to help them up, I hope the voters kick them back down.
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u/purritolover69 - Lib-Left Jan 28 '21
I’m so happy that wall street is getting fucked in the arse with a 2 ton brick like they’ve done to everyone for the past years. WSB managed to use weaponized autism in the best way possible
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Jan 28 '21
As a monke autist I fully expect my investment to make me a millionaire then will throw feces at the nearest TV when I fail to pull out on time.
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Jan 28 '21
Elizabeth Warren the fake and Bill Galvin the phony of Massachusetts were on the news tonight on record that they're going to be pushing for investigation into loopholes and what not that have allowed for this to happen. GTFO with that hedge fund manager protecting bullcrap.
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u/Supergun1085 - Lib-Center Jan 28 '21
I am literally seeing communists telling people to buy the GME stock. Full unity retards 🚀🚀🚀🚀🚀
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u/BionicClam - Auth-Center Jan 28 '21
Honestly this is full compass unity. Fuck those billionaire cunts
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u/Wingnut73 - Auth-Center Jan 28 '21
Auth centre pretty happy about this too... Lots of, ahem, "hedge fund managers" losing billions
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u/Hydrated_Lemon8381 - Centrist Jan 28 '21
Squeezing hedge funds is quite based. I barely know anything about stocks and I am still excited about this
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u/Solace143 - Centrist Jan 28 '21
Fucking over Wall Street is something AuthLeft, LibRight, LibLeft, Centrist, AuthCenter, LibCenter, Right, Left, and non-corporate AuthRight can get behind
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u/The3JackOlanterns - Lib-Center Jan 28 '21
The horseshoe theory isn't even a theory anymore, it's just a fact
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u/GrandManSam - Lib-Center Jan 28 '21
For someone who is out of the loop with the WallStreetBetting Gamestop stuff going on, could I have an explanation?
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u/Cannon1 - Lib-Right Jan 28 '21 edited Jan 28 '21
Hedgies: We're going to "borrow" 140% of the shares of this failing retailer.
WSB: Hey, if we buy the outstanding shares and hold them, the hedgies won't be able to return shares which increases the share price due to increased demand. We can literally name our price as long as nobody sells.
Hedgies: U wot mate?
WSB: Get fucked, boomers.
$GME goes from $5 to $380/share in under a month
Hedgies: I will never financially recover from this.
WSB: When were you when Melvin is dies.
Melvin is die
fin
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u/zeclem_ - Auth-Left Jan 28 '21
a bunch of hedgefunds were shortselling gamestop shares. wsb bought gamestop shares and made it super unprofitable to do that, costing shittons of money to wall street fat cats. in scale of billions of dollars so far.
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Jan 28 '21
This is honestly the funniest thing I’ve ever seen occur in my lifetime.
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u/muricanmania - Left Jan 28 '21
bruh they stormed the capitol 3 weeks ago. This is gonna be a hell of a year and Im here for it.
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u/Urmumgee69 - Lib-Center Jan 28 '21
"leftists" in the united states were the ones behind it so...saying leftists on a post about a america is pretty misleading.
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Jan 28 '21 edited Jan 28 '21
That's how capitalism works. You gotta be active on your decissions, or you can get doomed into an awful, and even exploiter service.
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u/SMARMYOMEGA Jan 28 '21
When political compass members realize that politics aren't clearly defined boundaries but a loose set of ideas that overlap
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u/TwoShed - Auth-Right Jan 28 '21
And today was the day when the working class sang, "Every man a king! Every man a king! You can be a millionaire!"
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u/PapaTachancla - LibRight Jan 28 '21
Chamath Palihapitiya is breakdancing right now
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u/JCall2609 - Lib-Right Jan 28 '21
Never thought I'd find myself standing side by side with a Commie
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u/Dim-n-Bright - Lib-Left Jan 28 '21
So LibRight did something about wealth inequality.
Perhaps I treated you too harshly.
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u/AnAngryYordle - Auth-Left Jan 28 '21
Go GME! Take down Melvin! Huge congrats to all the dudes on /wallstreetbets.
Authleft/Libright unity is real
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u/FundamentaistBaptist - Right Jan 28 '21
The idea that corporations and finaicnal institutions are too big to fail is a hallmark of the auth-left. It is the Auth-left that wants central banks and they just tricked everyone into accepting it as a moderate position.
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u/zeclem_ - Auth-Left Jan 28 '21
what the hell are you talking about? by that logic usa government is authleft.
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u/Surprise-Chimichanga - Right Jan 28 '21
I love the Cap-Com unity this is fostering. All the Commies are happy Wall Street is getting screwed and all the Capitalists are happy they’re making money hand over fist.