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This reads exactly like the comments on conspiracy theory subreddits like Superstonk.
For those of us not in the know, what is the prevailing conspiracy theory on Superstonk?
It was a weird, fun ride. My writing partner Lutz and I work in tech, but have a real passion for filmmaking. We lost some money on $GME, so we had to tell the story from our point of view. The result is STONKS, a comedy/drama feature screenplay [0], fictional but inspired by the GME events, and a love letter of sorts to WSB. We queried Hollywood producers but were ignored; we shared on WSB itself but we were insta-b…
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> But I can assure you that the members are 100% serious. > Direct registering shares > Issues an NFT dividend < This forces the hedge funds to also buy those NFT's to pair with the shares, which they'll be forced to buy too = short squeeze.
It looks like they are serious. They really believe their "DD" about "authentic shares" and "NFT dividends."
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Agreed. But I don't really believe that accelerating their demise is a large benefit to anyone aside the capital "investor" getting more money. The company has to do a reorientation, but that could be cut short by the stock market. Don't kid yourself that you are providing anything substantially important to further development.
The stock market can't cut a company short. Even if the stock price goes to $0, the company still exists with all of it's assets, contracts, and employees. The stock price only matters if they do a secondary offering, and to a lesser extent for equity based employee compensation.
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I made a little money of it last year when the squeeze squoze, and I don't see it happening again. I was late to get in, but not too late; the next morning, the price had doubled, so I sold half. I held on to the rest just to be along for the ride, but I think that morning was the real squeeze. I think I bought some extra on a dip, sold half of that for double again, and sold the rest on a minor bump a few months lat…
> remember to buy the dips As long as the dip is not permanent, say, due to a permanent change in the fundamentals. Then it might just keep dipping.
It was a weird, fun ride. My writing partner Lutz and I work in tech, but have a real passion for filmmaking. We lost some money on $GME, so we had to tell the story from our point of view. The result is STONKS, a comedy/drama feature screenplay [0], fictional but inspired by the GME events, and a love letter of sorts to WSB. We queried Hollywood producers but were ignored; we shared on WSB itself but we were insta-b…
I am in the process of reading it. I never understood the disclaimer at start, that "Any resemblance to actual persons, living or dead, or actual events, is purely coincidental." in works were I saw it. Is this usually written to defend one legally, even though the events have clear, non-coincidental resemblance to real-life events?
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I followed WSB for a couple of years before the GME thing kicked off. When it did, it was great fun for about a week, then I unsubscribed. It got very repetitive and boring.
You should check it out again. We recently restricted memes to Friday afternoon to Sunday morning and the context is almost all text now.
All WSB does now is magnify the winners/pumpers while leaving trail of poor people without their money.
It's just a matter of time before some company insider is paid to manipulate their employers' stock through the power of the /r/WallStreetBets self-defined autists. Companies use social media for astroturfing and viral marketing, why not market manipulation?
It's just a matter of time before some company insider is paid to manipulate their employers' stock through the power of the /r/WallStreetBets self-defined autists. Companies use social media for astroturfing and viral marketing, why not market manipulation?
John Mackey himself used a burner account on Yahoo finance message boards to talk trash on Wild Oats to try and lower their stock price before Whole Foods acquired them in the mid 00s. chron.com/business/article/Whole-Foods-CEO-used-fake-name-to-knock-rival-1830788.php
It was a weird, fun ride. My writing partner Lutz and I work in tech, but have a real passion for filmmaking. We lost some money on $GME, so we had to tell the story from our point of view. The result is STONKS, a comedy/drama feature screenplay [0], fictional but inspired by the GME events, and a love letter of sorts to WSB. We queried Hollywood producers but were ignored; we shared on WSB itself but we were insta-b…
I haven't seen screenplay typography in a while... how did you typeset that?