Live data from Hacker News

Reddit's GameStop, AMC surge is the new Occupy movement

cnet.com

111–120 of 281 posts

Re: Reddit's GameStop, AMC surge is the new Occupy movement

#111
post #83

Earlier quoted context omitted.

Again, it’s not an individual or even one entity doing it. It’s several funds independently doing this.

And what if there is coordination? Are you not following the news today at all?

If there is coordination among licensed participants, I’m sure we will see some punishments doled out.

Re: Reddit's GameStop, AMC surge is the new Occupy movement

#112
post #34
post #3

Good. I'm tired of fake Economics where the value of a company or the product is not made from the real value of it, while some yuppies get rich in the proccess. The more they cry, the better. Hope is collapses so "middle" and low class workers can get fair prices of what they earn by doing actual hard work. Because this will create a good crash, dont fool about it. It will harm everyone, but at least this Century wi…

> I'm tired of fake Economics where the value of a company or the product is not made from the real value of it I still don't understand how Tesla is valued so high when they're still figuring out panel gaps.

I'm going to guess its because panel gaps don't matter as much as most of the other features of a car.

Re: Reddit's GameStop, AMC surge is the new Occupy movement

#113
post #37

Earlier quoted context omitted.

Parent isn't claiming GME is "real" economics. Parent is claiming GME will help pull down our current fake system, and help the middle and lower classes receive fair compensation from the system. Whether this approach works or not, I don't know. But the status quo isn't tenable for a democratic society. This chart says it all: https://www.epi.org/productivity-pay-gap/

What did happen around 1979 to have such a clear change?

seems to me 72 was when the divergence started, and 79 was just when it became permanent

Re: Reddit's GameStop, AMC surge is the new Occupy movement

#114
post #59
post #34

Earlier quoted context omitted.

> I'm tired of fake Economics where the value of a company or the product is not made from the real value of it I still don't understand how Tesla is valued so high when they're still figuring out panel gaps.

I mean, there are a lot of good reasons to question Tesla's valuation, but the panel gaps is a weird one. Tesla has accomplished putting together the best mass market electric vehicle and selling it for a profit (with government incentives, albeit). There are a LOT of people who can figure out panel gaps. There are not a lot of people who can figure out how to make the economics and supply chain for electric cars wor…

It seems like a perfectly fine one to me. It's a signal that alerts us to a lack of attention to detail in assembly. For doors, it's not a deal breaker, but for the electronics installation or windows or brakes, a lack of attention to detail can be catastrophic.

Re: Reddit's GameStop, AMC surge is the new Occupy movement

#115
post #37

Earlier quoted context omitted.

Parent isn't claiming GME is "real" economics. Parent is claiming GME will help pull down our current fake system, and help the middle and lower classes receive fair compensation from the system. Whether this approach works or not, I don't know. But the status quo isn't tenable for a democratic society. This chart says it all: https://www.epi.org/productivity-pay-gap/

What did happen around 1979 to have such a clear change?

https://wtfhappenedin1971.com/

Re: Reddit's GameStop, AMC surge is the new Occupy movement

#116
post #3

Good. I'm tired of fake Economics where the value of a company or the product is not made from the real value of it, while some yuppies get rich in the proccess. The more they cry, the better. Hope is collapses so "middle" and low class workers can get fair prices of what they earn by doing actual hard work. Because this will create a good crash, dont fool about it. It will harm everyone, but at least this Century wi…

For all the thrashing the 'big ones' get, I am sure a large percentage of the actual GME shareholders are institutional ones. The retail ones are driving the prices and narrative, but they are a small drop in the bucket.

Re: Reddit's GameStop, AMC surge is the new Occupy movement

#117
post #68

CNET also known as the source for economic and social movement reporting is combining both in an article? Strange. They wouldn't be trying monetize a popular trending topic would they? Won't even open this click bait garbage.

The fact that the word “terrifying” is in the headline indicates sensationalist bullshit written from a sympathetic perspective to hedge fund capitalists.

Re: Reddit's GameStop, AMC surge is the new Occupy movement

#118
> The only difference in this case is the 99-percenters are reaping the massive gains while Wall Street titans are seeing a genuine upheaval of the norms of investing.

Well, funnily enough, the earliest 1% of the 99% will reap massive gains, while the majority will lose their shirt when the stock finally collapses.

Re: Reddit's GameStop, AMC surge is the new Occupy movement

#119

The only thing more ridiculous than the rise in the GME stock are these attempts to frame this is some sort of culture war. All this is is a bunch of people on an online forum trying to make a quick buck; it's not some grand statement against Wall St. or whatever.

Attempts to frame it as Good Guys vs. Bad Guys situation is an exceptionally good way to rally people to your cause.

Re: Reddit's GameStop, AMC surge is the new Occupy movement

#120
post #59
post #34

Earlier quoted context omitted.

> I'm tired of fake Economics where the value of a company or the product is not made from the real value of it I still don't understand how Tesla is valued so high when they're still figuring out panel gaps.

I mean, there are a lot of good reasons to question Tesla's valuation, but the panel gaps is a weird one. Tesla has accomplished putting together the best mass market electric vehicle and selling it for a profit (with government incentives, albeit). There are a LOT of people who can figure out panel gaps. There are not a lot of people who can figure out how to make the economics and supply chain for electric cars wor…

I agree. If it was impairing their ability to sell cars, I imagine they would address it.
Post reply on HN