Like, maybe some failson at a hedge fund will take the fall for this and get hired in the same position somewhere else within a month, but the people who are going to get hurt the most are the poor people who come in last minute, think they're making a safe bet with their meager savings during a fucking depression, and get burned big time

  • Grownbravy [they/them]
    ·
    4 years ago

    I dont think I have it in me to feel any sort of special pity on anyone jumping on GME and doesnt know about the WSB v Investment Firm knife fight that’s going on.

    That sort of loss happens when a stock jumps on unexpectedly, but this time we see a bunch of doomerass redditors squeezing an investment company after taking a peek at their homework notes.

    While i think the only way to win is to not play, I’m watching these kids dump their unspent lunch money as a blow against a hedge fund making money for the worst people in society as a form of entertainment. They might do it. They might not. But I’ll be watching