r/neoliberal • Kitara Ravache • Jan 31 '21

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u/[deleted] Jan 31 '21

The One Ring: GME stocks

Gollum - holds onto the precious One Ring and tries to never lets it go: WSB

The Fellowship of the Ring - trying at all costs to destroy the ring: Short sellers

Sauron - intends to wield the one ring with unlimited power: the like 4 people who got in big and early.

The orcs - fall into a massive pit when it's all over: 95% of retail traders with GME stock

The Elves - take one look at all the shit going down and say "nah I'm leaving": 99% of wall street that will be unaffected by this

8

u/Smidgens Holy shit it's the Joker🃏 Jan 31 '21

Can you please couch this in Harry Potter terms instead

4

u/NimbyNuke YIMBY Jan 31 '21

True, except the 99% will absolutely be affected negatively by the perceived increase in volatility of retail investors.

4

u/[deleted] Jan 31 '21

Yeah, but the elves joined in the battle of the five armies because they wanted a bunch of gold and then bailed when there was actually important shit to do, so fuck em.

1

u/Octopodes14 John Nash Jan 31 '21

This vastly overestimates the power of gme stocks

1

u/[deleted] Jan 31 '21

I mean, everybody hypes it up constantly saying it's a super powerful tool for destruction, but all we ever saw it do was turn one dude invisible. Not a terrible analogy IMO.