Permanently Deleted

  • QuillQuote [they/them]
    ·
    edit-2
    4 years ago

    How does this bankrupt the ghouls? Stocks aren't real so I refuse to learn how they work

    • mutantIke [they/them]
      ·
      4 years ago

      the ghouls basically made a giant bet that the gamestop stock would stay low and WSB losers made it go way up, making the ghouls lose the bet

    • Bruv [none/use name]
      ·
      4 years ago

      ..this megadumb sentiment is why we need to shut everything down until people read das kapital

    • NephewAlphaBravo [he/him]
      ·
      4 years ago

      They borrowed a thing and sold it at X price.

      At some point they have to return the thing, and their hope was that the price would go below X so they could buy a cheaper thing and pocket the difference.

      If the price goes above X instead, they pay more than they initially earned