121–130 of 199 posts
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It's a public community. Did you open it even once? People (yes, people other than the one guy who started it) post screenshots from their investment accounts.
/u/deepfuckingvalue? he also posted screenshots iirc.
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a) Preordering and preloading games from digital stores isn't a new thing either. Internet connections are improving but are they improving at the rate of how large AAA games are becoming? (A little anecdote, I recall downloading video games on Steam 10 years ago and it took me on average a few hours. Now in the present, newer games like RDR2 took me days.) For b), I'm with you. GameStop does have an e-commerce platf…
The PC market is basically all download now. Most pre-built gaming PCs don't have disc drives, and then gaming laptops with disc drives are basically non-existent. Imo, the consoles have been stingy on built in storage space and also pricing their games the same for digital and physical, and that is limiting adoption.
Xbox and PlayStation now require you to install all games on the SSD so discs lose out on that advantage as well (unless you're regularly uninstalling and re-installing games, in which case the BD might be faster).
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I see often stated as a fact that "a lot of retail investors from WSB bough a lot of GME shares", but I never see any proof about any of this. What's the proof that any retail investor actually bought GME? How many retail investors actually bought GME? How much money did they win or loose?
There has been a lot of posts on WSB of screenshots showing people have made purchases, some having spent tens of thousands of dollars. Is that proof enough? that's up to you, but I doubt most people have seen "proof" that hedgefunds have been buying up shorts either, we just trust that we aren't being lied to by whoever is doing the reporting (and I personally find that to be plenty sufficient).
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sorry I thought Social Justice Warrior is a term for 'people who rally to do good for the society but are just a bunch of fools'
I guess that is how the term is defined by people who dislike them, but I think the core motivation is social progressivism and generally left leaning politics. SJWs are unlikely to favorably compare themselves to 4chan or use the n-word and r-word. I don't think the heart of WSB is particularly political, but it certainly gives off vibes that are closer to the alt-right than SJWs.
First order of business for their new CTO - fix the website: Access Denied You don't have permission to access "http://www.gamestop.com/" on this server. Reference #18.8ba72917.1612368077.10f974bd
I think gamestop blocks visitors from abroad, I missed many glitch sales because of this.
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There's two big issues for GameStop: a) People are getting faster Internet connections, which enables them to actually utilise digital stores. The PlayStation Store is almost 15 years old and I can imagine how bad the average consumer connection was back then. And if you have a slower connection, you can still pre-order and pre-load games. b) Physical medium is not exclusive to brick and mortar. I am myself a collect…
a) Preordering and preloading games from digital stores isn't a new thing either. Internet connections are improving but are they improving at the rate of how large AAA games are becoming? (A little anecdote, I recall downloading video games on Steam 10 years ago and it took me on average a few hours. Now in the present, newer games like RDR2 took me days.) For b), I'm with you. GameStop does have an e-commerce platf…
No, but simply because the console lifecycle is longer than 5 years and physical games can't die with the PS5 and Xbox SX around.
However, PC games are absolutely digital only already. Even if you buy a swanky collector's edition of a game, you don't get the game in the box. There's just a piece of paper with a download code. And unfortunately Sony and Microsoft have an incentive to kill physical games since they can get more of the profits if everyone just buys from their stores.
I'm curious if the HFs that shorted Gamestop, are also profiting off of the wild swings by Redditors who have now lost hundreds of thousands of dollars. They could easily swing-trade this stock all the way down, using massive buy/sell orders to drive the price. If Melvin Capital isn't bankrupt after all of this, there might just be A LOT of broke redditors who cashed in their lifesavings on this gamble.
First order of business for their new CTO - fix the website: Access Denied You don't have permission to access "http://www.gamestop.com/" on this server. Reference #18.8ba72917.1612368077.10f974bd
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https://marketrealist.com/p/short-ladder-attacks-explained/ When you have millions reading a forum saying "BUY THE DIP" and you can create a dip, then you probably stand to make a lot of money.
This article doesn't really explain much. I think this the following definition may be closer to reality (from Twitter, I follow a bunch of short-sellers): > A short ladder attack is when a stock goes down for totally valid, normal reasons, but the bagholder realizes a conspiracy theory is preferable to admitting to a dumb trade." Also, I like these tweets by Jima Chanos (@Diogenes), well-known short-seller: > Can an…
Let me google that for you. OMFG, what's this 2014 article that details how this works?
https://seekingalpha.com/instablog/11442671-gerald-klein/309...
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ditto this. And the motivation for organizing "buy gamestop" isn't altruistic as it seems.. 1. buy gamestop stocks 2. call in SJWs to 'fight against the bad guys (hedge funds)' by buying gamestop stocks - they relay this message to others 3. watch price go up, thanks to campaigns from SJWs 4. sell off when the price is right (feels highest) 5. watch the price go back to normal valuation - you can't expect this high p…
Your argument is already questionable since you imagine a subred that makes retard/dick/cuck jokes has any SJWs in it. I just find it amazing how so few people actually go on WSB, but have a garbage pail of opinions. Seriously, less then 5 min on WSB shows how incredibly wrong the media has been regarding that community or their motives. Mark Cuban, Kevin Oleary and a few others are backing what wsb are saying due to…
you iterated some famous people who are supportive of WSB, but... so what? Are they 'the wise ones of the stock market'? Are they financially supporting financial damage-takers?
They're just famous people, and that's all.
I agree that making a more level playing field is good. But that should be done by congress and law makers, not by burning gullible people's money.