JUST IN: GameStop $GME stock trading halted for a 5th time after surging 110% today.
Short sellers have lost approximately $1 billion.
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133 sats \ 2 replies \ @grayruby 13 May 2024
Entertaining but these people should really just be buying and holding bitcoin instead of gambling on a dead company.
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41 sats \ 0 replies \ @BitcoinAbhi 13 May 2024
You are absolutely right.
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170 sats \ 0 replies \ @siggy47 13 May 2024 freebie
Yes, of course you're right. But I'd rather see them shorting Gamestop than buying treasuries.
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134 sats \ 2 replies \ @siggy47 13 May 2024
I love watching this shit. It's more fun than reality tv. It's satisfying watching hedge funds get rekt. You get to see the system unraveling in real time.
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75 sats \ 1 reply \ @Fabs 13 May 2024
But are they? I remember that one hedge fund got rekt, but not fully I think... Is it that bad for them?
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31 sats \ 0 replies \ @siggy47 13 May 2024
I'm for anything that makes a farce of the system. I think 1billion USD fiat evaporated today.
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61 sats \ 0 replies \ @tomlaies 13 May 2024
The people who bought 3 years ago for 700 sats per share are still deeply under water - denominated in a fiat curreny that lost significantly in value since then. That's playing the fiat casino.
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51 sats \ 0 replies \ @riberet19 13 May 2024
It seems that history is repeating itself lol.
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10 sats \ 0 replies \ @flat24 30 May 2024
I like this stock 😁
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10 sats \ 0 replies \ @486DX2 14 May 2024
Why are they halting it?
Buy bitcoin, buy freedom.
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0 sats \ 0 replies \ @gmd 13 May 2024
hahaha /r/wallstreetbets degens are going apeshit again... love it
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