• ElGosso [he/him]
      ·
      edit-2
      4 years ago

      I've had surprisingly good reception on that sub with literal Marx quotes, I think there might be some potential for radicalization for people who stare into the contradictions of capital for fun but haven't internalized being bourgeoise

        • Spinoza [any]
          ·
          4 years ago

          someone must have told them marx was a day trader already, right?

        • hogposting [he/him,comrade/them]
          ·
          4 years ago

          like many reddit subcultures they’re rabidly imperialist, sinophobic, racist, ableist

          While it's tempting to try and move people on every issue all at once, most people change their opinions one step at a time. The first step to getting people on board with ten leftist ideas is to get them on board with one.

            • hogposting [he/him,comrade/them]
              ·
              4 years ago

              It's definitely helpful to have an idea of the sub's culture before diving in, especially if we're trying to persuade people of anything.

        • longhorn617 [any]
          ·
          edit-2
          4 years ago

          You have to explain imperialism to them in terms of how the same hedge fund managers they are struggling against benefit from it and how they primarily do not.

        • ElGosso [he/him]
          ·
          4 years ago

          Maybe post some more of his shitposty dunks, I think they would fit the vibe there just like they did in the Chapo sub

      • Alaskaball [comrade/them]
        ·
        4 years ago

        heads up they and their mods are highly anti-chinese and will purge anyone who even remotely seems like they have anything but an anti-sino worldview

        • ElGosso [he/him]
          ·
          4 years ago

          That still gives you plenty of room to bait the hook, but that is a good warning

    • opposide [none/use name]
      ·
      edit-2
      4 years ago

      Go read the comments on that sub. They are a bunch of degenerates but they rediscovered some form of class consciousness by going the long way around and always respond well to Marx quotes

    • thefunkycomitatus [he/him,they/them]
      ·
      4 years ago

      We're seeing organizing and that's the leftist part of this. Normal people organizing around a single cause and having enough leverage as a collective to upend a few capitalists with billions. They're afraid.

        • ElGosso [he/him]
          ·
          4 years ago

          We just gotta keep exposing those contradictions, isn't that what Lenin said? :thinkin-lenin: I'm seriously asking, I don't read theory

    • howdyoudoo [comrade/them]
      ·
      4 years ago

      It's not even a pump and dump. There was a legit reason to believe the stock could go wildly up, reason being that an absurd amount of financial institutions were shorting it.

    • bigboycumminthru [he/him]
      ·
      4 years ago

      In a different vein, I've also seen a lot of "wow I can pay off my parents debt from the last recession!" "I can finally get that knee operation!" "I'm going to donate 10% of my profits because I'm not some asshole hedge fund manager."

      like they aren't all angels but I bet for every mil into WSB, a hell of a lot more is going into the community and good causes like that than when it's in a hedge fund managers pocket.

      Robin hood's steal from the rich and give to the poor mantra proves to be the true trickle down economics.

  • MalarchoBidenism [he/him]
    ·
    4 years ago

    GameStop shares jumped another 45% in after-hours trading after Tesla CEO Elon Musk tweeted the word "Gamestonk!!" along with a link to the WallStreetBets subreddit.

    Love too have a rational economic system that makes sense

      • HamManBad [he/him]
        ·
        4 years ago

        I've been painfully waiting for days for robinhood to approve my account

        • Madcat [any]
          ·
          4 years ago

          i tried to get in on it when it was at like 70 but didn't realise i can't get robinhood here so i decided to just let it slide.

          now it's at like 150 :deeper-sadness:

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

            At 70 I was like I can’t buy now cause it’s going down, the Melvin shorts already expired a week ago. Now it’s at fucking 200 and I’m thinking the same.

            Time to get ahead with Blackberry and Nokia.

            • Madcat [any]
              ·
              4 years ago

              it feels like when you decide to stay in instead of going out with your friends but instead of missing out on experiences you're missing out on financial security lol

          • Tomboys_are_Cute [he/him, comrade/them]
            ·
            4 years ago

            Go for $BB or $BBBY or something, they both have high (but not nearly as extreme, only about 60% of their total stock) shorted right now and are both on the up and up. Turns out Black Berry is doing self driving cars now, who would have thunk

    • aaaaaaadjsf [he/him, comrade/them]
      ·
      edit-2
      4 years ago

      A possible reason he is doing this is that the same hedge funds involved in the GameStop debacle tried to pull the same shit and short/bankrupt Tesla a few years ago. Peak hellworld at the moment

      • bigboycumminthru [he/him]
        ·
        4 years ago

        That tweet 100% just bankrupted them. Not necessarily singlehandedly, but it was Brutus stabbing Caesar. Also WSB are huge fans of Tesla/Elon and he knows that. I'm sure there will be a small uptick in Teslas sold once all is said and done too.

  • hauntingspectre [he/him]
    ·
    4 years ago

    So we all know WSB is gonna get nuked by the admins the moment that first SEC subpoena arrives, right?

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

      praxis immediately sending them a federated ark link, do it before the donald does and blames this on jews

    • videogame [he/him]
      ·
      4 years ago

      There's always /biz/, and if 4chan hasn't banned /pol/ yet they aren't touching /biz/

  • mittens [he/him]
    ·
    edit-2
    4 years ago

    It's hilarious to watch market insiders call out WSB for wrongdoing trying super hard not to trip over themselves and accidentally reveal that the entire stock market is mostly bullshit lol

  • wtypstanaccount04 [he/him]
    ·
    4 years ago

    You know what's fucking dangerous? Putting our futures at risk all the time by gambling with people's retirement, you fucking capitalist pig.

    :joker-dancing: :gun-unity: :porky-happy:

  • DragonNest_Aidit [they/them,use name]
    ·
    4 years ago

    I love WSB, it validates the fact that the stock market is nothing but a huge joke, a casino for rich ghouls playing with money and young assholes trying to win big.

    • fuckhaha [any,none/use name]
      ·
      4 years ago

      Wait is this meant to indicate that you are saying this, or Michael Burry. That looks like an attribution, I'm confused. Maybe you should stop doing that signature thing

  • dolphinhuffer [comrade/them]
    ·
    4 years ago

    May the heightening continue until the contradictions are self-evident to all. :lenin-pogger:

  • markersmarx [he/him]
    ·
    4 years ago

    Michael Burry: Gamestop ❌ Water rights in third world countries ✔️ ✔️

  • came_apart_at_Kmart [he/him, comrade/them]
    ·
    4 years ago

    i did some napkin math, because i have a downpayment on a house saved and if i had a time machine and bought at the exact right time and sold before close today, i would be able to give half to the IRS, buy the house straight cash, remodel it the interior completely into some kind of solar paneled ridiculously high efficiency everything bunker, build a detached garage, pave a driveway, buy a sweet car... and like make some can't refuse offer to one of my neighbors for their house+lot and combine it into my place and connect the structures with like underground tunnels and human sized ballistic glass hamster tubes.

    what a ludicrous economy.

      • came_apart_at_Kmart [he/him, comrade/them]
        ·
        4 years ago

        totally. I have no regrets, just wanted to illustrate the absurdity of how our markets assign value.

        personally, I can't abide the risk of gambling. my allocation for employer retirement contributions are all in like cash equivalents, near term instruments and treasuries. my account manager sends me emails advising me "you may be too conservative" and I'm like, over here not fucking with the market unless I'm forced to and even then, I'm wearing 6 condoms at once.

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

      Some guy made 22 million off 50k. That’s like 3x the amount you need just to be rich from the interest.

    • CanYouFeelItMrKrabs [any, he/him]
      ·
      4 years ago

      Scion owned 1.7 million GameStop shares at the end of September. Assuming Burry hasn't altered the size of the holding, it has ballooned in value from about $17 million to $250 million as of Tuesday's close - an almost 1,400% gain in under four months.

      he's the one making money

    • Huldra [they/them, it/its]
      ·
      4 years ago

      He's making money from this too, but his shtick is to exploit the system to its max while whining that it shouldnt be like this.

  • Marximus
    ·
    edit-2
    3 months ago

    deleted by creator