Post
Topic
Board Economics
Re: The narrative behind gamestop and wallstreetbets (a parody)
by
Twentyonepaylots
on 04/02/2021, 22:29:27 UTC
This makes sense. But the thing is, wallstreetbets mainly targeted those bankers and brokers that shortsold on GME, they didn't really pay attention to those who would benefit from this because the winner at the end of the day will be GameStop and them buyers and hodlers. And the losers will be the brokers and investors who short sold on GME in hopes of getting more profits.
Its hard to tackle this topic without straying into the realm of conspiracy theories and parodies.

I wonder if its fair to summarize it as the following.

In 100+ years of tall buildings being constructed with steel frames. How many topped as a result of fires?

In 100+ years of market trading. How many times were non one percenters able to coordinate and organize to topple markets?

When one discovers seeming outliers in places they were not known to previously exist. What does it mean.

(What do people think about this?)   Huh
People just love patterns, that's just basically it, inherently this is not a bad thing but in the case of conspiracy theories, they are since they cause FUD, trauma and sometimes even fear among the masses, like the god-forsaken vaccine causes autism statement that was disproven in countless papers but is so embedded in the culture of Karens that they never bothered looking up.