Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

The Irony in the GameStop Story

nasdaq.com

Post reply on HN
Print view View original

1–10 of 104 posts

Re: The Irony in the GameStop Story

#5

Post by markwkw »

sschueller wrote: post #2

Off topic but I noticed a large number of large empty white spaces. Then I realised that my browser is blocking all those ads. Kind of sad how much of that page is ads.

And some of the adds are of the “this stock will be 35 times bigger than amazon” kind. Adding to the irony

Re: The Irony in the GameStop Story

#6

Post by swader999 »

gonzo41 wrote: post #4
moolcool wrote: post #3

I swear, GME is the feel-good story of the year.

Gotta say I agree, after hearing non crap news for a year. It's nice to see a hedge fund eat their hat.

Until it cascades like Lehman and AIG with USA citizens holding the bag. In two days we are 33,333 days since the crash of 1929.

Re: The Irony in the GameStop Story

#7

Post by user_error »

> Left claims that the “mob” has overstepped the mark and harassed him and even his family in a way that is actually illegal. If that is true, shame on them, and those involved should be prosecuted. This must be condemned without hesitation; nothing excuses that type of behavior. Online harassment of those with different opinions, particularly in pursuit of profit, is disgusting and becoming all too common, and standing up against it is important. (...)

I'm a bit lost with this article. What have an "angry mob" been doing to Andrew Left and his family in an "actually illegal way"? Seems to me this article is swaying to some type of narrative someone wants to propagate rather than aiming to be somewhat objective regarding current events.

Re: The Irony in the GameStop Story

#8

Post by drewcon »

I still feel like these stories are missing a core distinction.

If these WSB folks rallied around GME because they were true believers of a beloved brand with faith in a turn around plan, god love em. I think that’s an interesting phenomenon that upgrades retail collective trading in much the same ways mutual funds behave on behalf of loads of retail investors.

But that’s not what happened. The brand is irrelevant. It’s just math and vengeance and in the end...a lot of retail folks are going to be left holding the bag as prices drop down to earth. That cannot be a good outcome for anyone. I don’t think we want a system to function like this.

Post reply on HN