Again, do the DD. They have to either majorly change the rules of the games, which could cost some of these people, but is just as well for us as a radicalizing opportunity. Or they have to just eat some of their own and let some of these people get paid. And again, everyone doing this did it as a BET. They know they’re gambling, what is so fucking hard about that for us to understand about that? I’ve never seen so many leftists be so fucking concerned about fake money.
Are you still talking about just GME? Like I said, this entire phenomenon is not just relegated to GME, people have bought into other stocks because of this hype, stocks for which the unique circumstances of GME do not apply.
Not that the GME play is risk-free, either.
I’ve never seen so many leftists be so fucking concerned about fake money.
Are you conflating "the line" which is bullshit with the absolutely very fucking real money that people are putting into this?
Yes because i understand and as do the people who are doing this that their “very real fucking money” is gone as soon as it’s out of their account and isn’t real money again until its back.
The idea that this is somehow going to amount to a massive loss for most of these retail investors is something I am extremely dubious of. Also, Is that really so bad? Do you really think a significant number of these people will be homeless overnight if this goes bad for them? Shouldn’t we as leftist see that as an opportunity too? Couldn’t that be just another great opportunity to heighten the class consciousness and bring people into the struggle?
But more importantly, if that’s true and there are a significant number of people at risk here, do YOU have a better idea for tanking the stock market and exposing the contradictions of capitalism? Do you YOU have a better line of attack that can be coordinated remotely? Do YOU have a better idea to wrest some of this Ill gotten wealth away from these fucking people? Do YOU have a better idea for creating class consciousness through the internet on a scale like this? Do YOU have something better worth risking it all for?
If not then maybe try adding something positive to the discussion here. Obviously there are other stocks than just GME but just because you know that does not make you informed on the situation nor does it make your analysis helpful when you have clearly given this whole situation a cursory glance and just decided nothing good can ever happen in the world because capitalism.
My only point here is that some regular folks are in fact gonna get fucked in all this, a point that you seemed to be downplaying. I don't know what you're going off about but please continue.
I’m not downplaying anything I’m saying your point is idiotic. I’ve been saying that to everyone else making the same point. It just completely misses the point of what’s going on here if In favor of some faux dialectic twitter brain where being left wing is just about expressing enough concern about the right people. Also yeah wasn’t expecting a particularly insightful response from you so by all means make me a copy pasta that would rock.
I don’t know why you have this much of a problem with someone acknowledging the reality that yes actually some normal people will lose money in all of this.
Because normal people are so uniformly immiserated right now that this feels like a pointlessly pedantic thing to point out. It’s truly the least important thing to take out of this historic moment IMO.
Just feels like you’re morally signaling yourself to be more be “left” than me because you care about these people potentially losing money and I’m trying to get you to wake up and find something more positive to take out of this.
I’m sick of all the negativity around this and I don’t understand what it accomplishes. Losses are a well understood part of participating in WSB. It’s just super patronizing to me to assume these people don’t know what they’re doing and won’t be able to find a way to benefit from this.
And yes some of them will lose out, but if you believe that’s the most important thing to think about here then go find those people and radicalize them when that time comes. Stop hemming and hawing about these potential losses before anything is even over.
Losses are a well understood part of participating in WSB. It’s just super patronizing to me to assume these people don’t know what they’re doing and won’t be able to find a way to benefit from this.
What about the new, inexperienced people roped into this by the hype? This is bigger than the WSB subreddit.
Also I'm not doing any of that nonsense you've accused me of, I've only pointed out that this thing isn't entirely sunshine and rainbows.
Teach them what a stop loss order is! And also teach them about gambling responsibly! And if you don’t know how to do either thing then log off and stop concerning yourself with the financial fate of a relatively small portion of a community that is centered around being financially reckless! Stop being whiny and try and make people feel more confident about holding until these fucks are bled dry! And if you can’t do that then what exactly are you contributing here with these concerns?? If you’re right, go do something about it, you can figure out what. If everyone holds melvin capital will fucking lose! And there’s more targets coming up. You decide what’s worth risking it all for just like the people you’re supposedly so concerned with. I trust their judgement much more than yours Rn.
Again, do the DD. They have to either majorly change the rules of the games, which could cost some of these people, but is just as well for us as a radicalizing opportunity. Or they have to just eat some of their own and let some of these people get paid. And again, everyone doing this did it as a BET. They know they’re gambling, what is so fucking hard about that for us to understand about that? I’ve never seen so many leftists be so fucking concerned about fake money.
Are you still talking about just GME? Like I said, this entire phenomenon is not just relegated to GME, people have bought into other stocks because of this hype, stocks for which the unique circumstances of GME do not apply.
Not that the GME play is risk-free, either.
Are you conflating "the line" which is bullshit with the absolutely very fucking real money that people are putting into this?
Yes because i understand and as do the people who are doing this that their “very real fucking money” is gone as soon as it’s out of their account and isn’t real money again until its back.
The idea that this is somehow going to amount to a massive loss for most of these retail investors is something I am extremely dubious of. Also, Is that really so bad? Do you really think a significant number of these people will be homeless overnight if this goes bad for them? Shouldn’t we as leftist see that as an opportunity too? Couldn’t that be just another great opportunity to heighten the class consciousness and bring people into the struggle?
But more importantly, if that’s true and there are a significant number of people at risk here, do YOU have a better idea for tanking the stock market and exposing the contradictions of capitalism? Do you YOU have a better line of attack that can be coordinated remotely? Do YOU have a better idea to wrest some of this Ill gotten wealth away from these fucking people? Do YOU have a better idea for creating class consciousness through the internet on a scale like this? Do YOU have something better worth risking it all for?
If not then maybe try adding something positive to the discussion here. Obviously there are other stocks than just GME but just because you know that does not make you informed on the situation nor does it make your analysis helpful when you have clearly given this whole situation a cursory glance and just decided nothing good can ever happen in the world because capitalism.
Lmao holy shit, this is c/copypasta material.
My only point here is that some regular folks are in fact gonna get fucked in all this, a point that you seemed to be downplaying. I don't know what you're going off about but please continue.
I’m not downplaying anything I’m saying your point is idiotic. I’ve been saying that to everyone else making the same point. It just completely misses the point of what’s going on here if In favor of some faux dialectic twitter brain where being left wing is just about expressing enough concern about the right people. Also yeah wasn’t expecting a particularly insightful response from you so by all means make me a copy pasta that would rock.
I don’t know why you have this much of a problem with someone acknowledging the reality that yes actually some normal people will lose money in all of this.
Because normal people are so uniformly immiserated right now that this feels like a pointlessly pedantic thing to point out. It’s truly the least important thing to take out of this historic moment IMO.
Just feels like you’re morally signaling yourself to be more be “left” than me because you care about these people potentially losing money and I’m trying to get you to wake up and find something more positive to take out of this.
I’m sick of all the negativity around this and I don’t understand what it accomplishes. Losses are a well understood part of participating in WSB. It’s just super patronizing to me to assume these people don’t know what they’re doing and won’t be able to find a way to benefit from this.
And yes some of them will lose out, but if you believe that’s the most important thing to think about here then go find those people and radicalize them when that time comes. Stop hemming and hawing about these potential losses before anything is even over.
What about the new, inexperienced people roped into this by the hype? This is bigger than the WSB subreddit.
Also I'm not doing any of that nonsense you've accused me of, I've only pointed out that this thing isn't entirely sunshine and rainbows.
Teach them what a stop loss order is! And also teach them about gambling responsibly! And if you don’t know how to do either thing then log off and stop concerning yourself with the financial fate of a relatively small portion of a community that is centered around being financially reckless! Stop being whiny and try and make people feel more confident about holding until these fucks are bled dry! And if you can’t do that then what exactly are you contributing here with these concerns?? If you’re right, go do something about it, you can figure out what. If everyone holds melvin capital will fucking lose! And there’s more targets coming up. You decide what’s worth risking it all for just like the people you’re supposedly so concerned with. I trust their judgement much more than yours Rn.
Lol okay buddy. Have fun.