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?
Reddit's GameStop, AMC surge is the new Occupy movement
111–120 of 281 posts
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#112Good. 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.
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#113Earlier 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?
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#114Earlier 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…
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#115Earlier 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?
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#116Good. 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…
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#117CNET 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.
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#118Well, 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
#119The 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.
Re: Reddit's GameStop, AMC surge is the new Occupy movement
#120Earlier 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…