It's not a prank. Hold the line people. Hold the line.

@theretromillennial

3 жыл бұрын

Long live the GameStop Rebellion!

@bubba10051

3 жыл бұрын

Agree

@zbroxham9740

3 жыл бұрын

I keep seeing this phrase, can you fill me in?

@kylebenson889

3 жыл бұрын

@@zbroxham9740 its a Toto song and people are really into it

@oooggiieeboogee

3 жыл бұрын

@@kylebenson889 love isn't always on time

I’m absolutely loving this. No matter your political ideology everyone’s come together to fuck over Wall Street guys. This is absolutely golden

@eval_is_evil

3 жыл бұрын

Fuck yes

@TheJoselupe11

3 жыл бұрын

Exactly bro. Hopefully after this America sees the real fight is between the upper class vs the middle/working lower class not left vs right

@juanfelipe8484

3 жыл бұрын

@@TheJoselupe11 don’t forget the fed!

@btetschner

3 жыл бұрын

It's a noble cause.

@melkcarton1142

3 жыл бұрын

Yeah, nobody likes the Wall Street guys

"It's not about the money. It's about sending a message."

@alexjohnson5677

3 жыл бұрын

"Madness, as you know, is like gravity, all it takes is a little push."

@droningwithdustin9363

3 жыл бұрын

“All you care about is money..”

@ironwolf3699

3 жыл бұрын

It was never about the money.

@onlyiamme5095

3 жыл бұрын

"See, I'm not a monster. I'm just ahead of the curve."

@googleaisystemmanager9393

3 жыл бұрын

“You Have Nothing, Nothing To Threaten Me With! Nothing To Do With All Your Strength!”

Just a proof that the power IS and ALWAYS will be in the hands of THE PEOPLE as long as THE PEOPLE are united

@J.T.A

3 жыл бұрын

Not really, big hedge funds are in a way getting away with this by paying off companies like Robinhood to stop the selling of stocks that could hurt them

@KaiLucasZachary

3 жыл бұрын

and that's exactly why the left wants to keep everyone divided

@jasonMT3011

3 жыл бұрын

First thing I read was: "Just proof that the power I. S." ISIS? ICE ICE? NIIIGGGAA? An overpowered ISIS super saiyin? The dangelangeless derpi daesh? Dem freakin fekkin terries? Hold up wait: does ISIS brings POWER TO THE POEPLE? In the UNITATED STATES? Aaaaah, they dropping it like the gamestock assets. Hey Bruce. (Don't taks this serieus, puleaze)

@jasonMT3011

3 жыл бұрын

That's what happens when you missread capslock.

@bv32ification

3 жыл бұрын

@@KaiLucasZachary yeah, not republicans who have historically always been on the side of Wall Street and campaign on culture war stuff

Either it’s illegal or it isn’t. Either everyone operates under the same rules or it’s a double standard. And the corporations, apps, and establishments have clearly shown which it is.

@atVVV1

3 жыл бұрын

Amen The common peasants in quarantine are figuring out how to game THE MAN. Almost like a bored prisoner who plots his escape all day.....

@jcsgodmother

3 жыл бұрын

Its a club and we ain't in it.

@grunthostheflatulent9649

3 жыл бұрын

Sheep are not supposed to attack the wolf.

@stevied3400

3 жыл бұрын

whr'sCarole'shsbnd? and Awomen

@jnetwork3232

3 жыл бұрын

@@atVVV1 Jesus fuck I love this sentence

Robin Hood - "Let the people trade." Also Robinhood - "NO NOT LIKE THAT!"

@matthewerwin4677

3 жыл бұрын

Robinhood derives a large amount of value from its relationship with Citadel Securities. In return for access to order data, Robinhood has sold about $69 million of information in 2018 to give firms like Citadel Securities more information than is available to retail investors - specifically, first access to trade patterns a few milliseconds before they get filled. This was said to be about more than 40% of Robinhood’s total revenue in 2018 by three anonymous sources in Bloomberg, something that looks to have invited a SEC probe. This allows for automated trades to have an edge with faster data than the rest of the market. The old adage holds true here - if you’re not paying for the product (after all, Robinhood built its userbase on the premise of commission-free trades) then you probably are the product.

@chaosda

3 жыл бұрын

Perhaps a short sale campaign on Robinhood would teach them something about freedom.

@nustada

3 жыл бұрын

"If something is free, you are the product" This video shows how Robinhood makes money and who their true customers are.

@dough9512

3 жыл бұрын

@@matthewerwin4677 CHOICE!! Also, they need to change their name to Robbing Hood!! Seems appropriate to me!!

@JR-gy2sy

3 жыл бұрын

Its called sheriff of nottingham now.

in 10 years, they'll also be a funny college class about this whole fiasco.

@nickaschenbecker9882

3 жыл бұрын

They'll be talking about this next semester. The textbooks are already being amended.

@benc4853

3 жыл бұрын

Millenial Professor be like: "I was there when it was written", "Hold it!"

@ipenguin3918

3 жыл бұрын

There will be movies.

@mrxcer2461

3 жыл бұрын

Lol you are delusional. Are we talking about occupy wall street or bank bailout of 2008. Nothing is taught. This is just a small battle won by few thousand people. Wall street just got a scratch. They would go ask govt to regulate trading. So soon expect big govt actions. Haaha american freedom.

@zekiel2533

3 жыл бұрын

@@mrxcer2461 uhhh you just proved his statement. If they indeed regulate the market because of this prank then it'll go down in the history of wall street. Not to mention the story of the little man rising up against wall street and screwing them out of billions isn't some small feat They're already making a movie about this btw. www.ign.com/articles/the-gamestopreddit-stock-saga-is-already-being-made-into-a-movie

The 99% learned how to play the game and the 1% are trying to change the rules🤣🤣🤣

@jasoncastle8234

3 жыл бұрын

You guys lose.

@morpheusmatrix9207

3 жыл бұрын

How dare poor people learn how to make money

You know shit’s serious when Ben has to bring out a whiteboard.

@macman975

3 жыл бұрын

You've copied this comment pretty much word for word

@freddy6837

3 жыл бұрын

@@macman975 who not?

@richcountyratrodsjrod2329

3 жыл бұрын

Nailed it

@spazemfathemcazemmeleggymi272

3 жыл бұрын

@@freddy6837 here here! I'm tired of people bitching about other people "stealing" their comments, this is America😂 we all can say whatever we want! Or should anyway

@PANZERFAUST90

3 жыл бұрын

You know it's serious when he's not talking about politics lol

"Sir, the peasants have learned how to play our game!" "QUICK!! CHANGE THE RULES!"

@erieschl

3 жыл бұрын

/drops monocle "gasp"

@relierma

3 жыл бұрын

Sounds just like a sentence out of Democrats mouths

@oldmanjinkinsskyrim737

3 жыл бұрын

@@relierma *Democraps. There I fixed it for you

@Ctrlalta

3 жыл бұрын

@@oldmanjinkinsskyrim737 *Demonrats

@zeldaocarina26

3 жыл бұрын

Those with money make the rules. A very wise man once said, “Screw the rules! I have money.”

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals.

@harrisonjamie794

Жыл бұрын

I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

@raychristopher7797

Жыл бұрын

@@harrisonjamie794 This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name MARTHA ALONSO HARA and everything changed. I started enjoying huge returns from my investment.

@harrisonjamie794

Жыл бұрын

@@raychristopher7797 Oh, that sounds good but how do I reach out to MARTHA ALONSO HARA

@raychristopher7797

Жыл бұрын

@@harrisonjamie794 Look up her name on the webpage

@harrisonjamie794

Жыл бұрын

@@raychristopher7797 Okay, thank you. I just found her website very impressive and dropped a message for her.,. I hope she replies to me

I like how Ben has just accepted that he's a walking meme now. I love him.

@NameCallingIsWeak

3 жыл бұрын

How?

@kdbublitz88

2 жыл бұрын

@@NameCallingIsWeak yes.

@davidwilks4123

9 ай бұрын

isn't he a trumper maga nazi republiQan anti-vaxxer insurrectionist?

“I feel bad for the hedge fund guys” - No One

@Tyler-fp9il

3 жыл бұрын

F Bruce

@huhwah5387

3 жыл бұрын

Hahahah they have money to survive this. What about the herd of people wanting to get in the game?

@thedillestpickle

3 жыл бұрын

@@huhwah5387 They might not actually.

@huhwah5387

3 жыл бұрын

@@thedillestpickle You never know. That's the risk. I looked on Google and I haven't seen a peep about what I said. It's just hedge fund guys bad, YAY REDDIT! Keep in mind I know nothing about stock trading, so my hypothesis could be shit.

@user-zl3rb4rg1n

3 жыл бұрын

@@huhwah5387 Melvin capital the hedge manager responsibe for most of it, at current prices he won't survive it.

Aw man, he whipped out the white board for this one... EVERYONE STAND BACK!!!

@88wildcat

3 жыл бұрын

Who does he think he is, Glenn Beck?

@ronaldfrechette2045

3 жыл бұрын

@@88wildcat wouldn't Beck have used a chalkboard?

@rudyardwalker9113

3 жыл бұрын

Yeet

@GrayLensman51

3 жыл бұрын

only problem is Ben doesn't really understand how hedge funds work. He hears the word "short" and jumps on the classic definition (old) way that shorting used to work before OPTION contracts. Hedge funds work with option contracts NOT real shares, hedging different option contract positions against each other. Has the same effect as shorting, but the morons are so greedy they obligated themselves against more shares than existed in order to inflate their profit even more never thinking it would go against them this bad.

@dboyagod

3 жыл бұрын

And stand by!

Sounds like Robinhood needs to change their company name.

@puga420

3 жыл бұрын

Epsteined Capital

@stuartallan2520

3 жыл бұрын

They should change it to prince John.

@thefruitofaliens

3 жыл бұрын

Robbin' You

@thomasreger8621

3 жыл бұрын

Oh I get it😂

@oildrum2953

3 жыл бұрын

Robbinghood

"It's not fair because they don't legitimately believe in the company" whereas every investment and short sale that the hedgefund managers engage in is motivated only by making the world a better place?

@robadams6173

3 жыл бұрын

check out mark cuban on the cnbc show haha covers this irony in great detail

@ambersky9471

3 жыл бұрын

Shoulda bought in early big man

The people truly showed how much power they can have when they come together with a cause

@TomSmith-gw6fn

3 жыл бұрын

Almost have it. Come together, *and* hurt their wallets.

@rockking1379

3 жыл бұрын

This has largely been my take away. Same thing with the capital non sense. Agree with it or not, if it had only been 1 or 2 people it would of been useless. But when enough peons get together and coordinate their efforts, things happen. And generally the things that happen upset the establishment in a large way.

@balls433

3 жыл бұрын

#tothemoon Buy dogecoin

@marykatebower3241

3 жыл бұрын

And this is the cause we choose... Couldn’t have been like ending world hunger or anything lol

@WolfThorneLives

3 жыл бұрын

@@balls433 Doge coin meme magic is real #ToTheMoon

It's funny how liberals and conservatives are agreeing on something.

@bullet996

3 жыл бұрын

This is about sending a message to the elites

@evanu2791

3 жыл бұрын

Redistribution of wealth through the free market rather than the government. its a win win.

@boedillard8807

3 жыл бұрын

Nope - MSNBC is letting bruce get free airtime to tell people how terrible it is. Just what a billionaire needs is FREE airtime. MSNBC - seems to be in cahoots with the rich despite always saying how liberal, progressive and every other inane thing they are.

@briiandee

3 жыл бұрын

@@evanu2791 what a funny delusion. The free market will never serve the have nots

@Skibbidyboobop

3 жыл бұрын

@@briiandee Conservatives rarely know who is screwing them.

Bruce didn't use ExpressVPN when he was thinking of this so reddit guys were able to see all his dirty plans and wreck him at his own game.

@Reading3412Studios

3 жыл бұрын

And to top it of, he didn’t even use incognito tab.

In laymen's terms: These hedgefund executives betted on Gamestop to fail just like sports bookies last Sunday betted on the Bucs to fail. When the Bucs won then these bookies lost just like when Gamestop won these hedgefund executives lost. You can't gamble and scream "FOUL!" if you lose. If you lose your savings and home due to gambling then the only person to blame is yourself!

@403.FORBIDDEN

3 жыл бұрын

Except this is like if you gave the other team steroids so they will win when they shouldn't have.

@Ednerd

3 жыл бұрын

these hedge fund pricks manipulate the market all the time, at the individual investor's expense. they finally got beat at their own game.

Let’s say hypothetically that Gamestop was really Gamestock.

@jonnywilliams5617

3 жыл бұрын

Seems like that could become a thing.

@scottyp2505

3 жыл бұрын

They should rebrand themselves as that lmao

@FourOf92000

3 жыл бұрын

*Gamestonk

@gm6856

3 жыл бұрын

@@FourOf92000 E-B stonks

@jonnywilliams5617

3 жыл бұрын

It makes sense GameStop is usually stocked with games.

GameStop: About to go bankrupt Reddit: I’m gonna do what’s called a pro gamer move

@mikehawkthespacemarine1955

3 жыл бұрын

🤣

@Thebiggestchief

3 жыл бұрын

GameStonks

@jamesscott1009

3 жыл бұрын

GameStop just got rezzed out of the gulag

@tomskih203

3 жыл бұрын

Genius

@tylerbutash

3 жыл бұрын

Gamestock

The movie “The Big Short” taught me about short selling.

@prosperandgamble

3 жыл бұрын

Uncle Sam taught me about Pimpism 101.

@essex3777

3 жыл бұрын

I took an entire economics class _and_ watch the movie and I still don't completely understand

@mdogzino

3 жыл бұрын

This is a much more simpler explanation for people because the big short was short-selling derivatives which are complicated financial instruments that go over most people's heads.

"we're gonna call that guy Bruce because everybody hates Bruce right"

@panderson9561

3 жыл бұрын

Bruce is the male version of Karen.

@red149

3 жыл бұрын

Is he referring to his favorite one Bruce caitlyn Jenner ? ;)

@Sullaban

3 жыл бұрын

Muffles The Gerbil: "Yes." Everybody hates Bruce, and at this moment I don't know why. Bruce you can't cry cause you laughin' at me and I'm down . ." Muffles The Gerbil my video, and I give the link is on this topic, again, here is the link Links provided for you See my videos one of them is about GameStop and Michael Jordan See these videos kzread.info/dash/bejne/Yp1lyMekl6W9ZrQ.html&authuser=0 kzread.info/dash/bejne/k4WD0qOris3Aprg.html&authuser=0

Never quarantine nerds and gamers we have time to think.

@sassyfrass4295

3 жыл бұрын

yep ds will keyin words for ai to monitor during live gaming to prevent recurrence . test the theory ....

@tobymaguire6809

3 жыл бұрын

WE LIVE IN A SOCIETY

@frankgrantham480

3 жыл бұрын

You think dogecoin is going to the moon?

@ricardoibarra6455

3 жыл бұрын

😅😅😅😅

@drx1xym154

3 жыл бұрын

@@frankgrantham480 -- Dogecoin just went BEYOND the Moon!!! Question, will Doge go to Mars or beyond??

I love how Robinhood closed trading of the stock the minute people started to actually fulfill its namesake

@yololoyo7379

3 жыл бұрын

It's so ironic that the app is called Robinhood 😂

@lorddiethorn

3 жыл бұрын

There were other issues they needed to back the sales and buying of each stocks

@lorddiethorn

3 жыл бұрын

@The Monster Under Your Bed not unless you agree s to that when you sign up

@rando747

3 жыл бұрын

@@lorddiethorn so if you sign up for an app and somewhere in its ridiculously long, complicated, and convoluted "contact" it says that they get to take ownership of your assets you are ok with it? People like you are idiots. Common folk get screwed by big corporations on daily basis through use of these "contracts" and legal system that encourages this behavior. They put ridiculous clauses in there and nobody catches it until its too late, because no normal person can understand these contracts unless they have a lawyer or finished a law school. And don't tell me that you fully read and understand every single TOS and contact when you sign up for the new app or what have you. I can't believe that there are people out there who are defending these crooks. Its like you are saying that its ok for pedo to have sex with little kids because he makes them sign a waiver.

@Siris43982

3 жыл бұрын

I use robinhood apparently their services require a fee which they pay for and don't charge their users. That fee became so large around gme that they wouldn't have had enough money to pay based on the rate they were receiving requests. This was in an email they sent me and specifically pointed out it was so they could pay that amount without going into the negative and not because they want to help out hedge fund guys

It’s times like these that I love being an American

Most Americans haven't forgotten or forgave the bailouts.

@screamtoasigh9984

3 жыл бұрын

Psst: *Forgiven* he forgave, they have forgiven. Past tense can be weird. 🤷🏼

@Andrew-rd9zq

3 жыл бұрын

@@screamtoasigh9984 psst: nobody cares...

@brysonite

3 жыл бұрын

I was too young to realize when it was going on but once I looked it up as an older man I was like 0.0.

@UFO314159

3 жыл бұрын

We are legion and all that.

@ccahill2322

3 жыл бұрын

@@Andrew-rd9zq Psst: they should. first and most subtle way to condition is: subtly change the meaning of the language you use. When you do not notice that(the frog being slowly boiled) you're being conditioned.

In short: “the stock market doesn’t care about your feelings”

@DippinSauc

3 жыл бұрын

Ben Shapiro: "Except when it comes to my religion"

@toddkes5890

3 жыл бұрын

And people are saying right back to Wall Street "F*** your feelings"

@Zeviak

3 жыл бұрын

Neither does the corrupt billionaire

@arbelsonnenfeld7031

3 жыл бұрын

Except it does, it is really affected by hyped and other irrational feelings.

@missionpupa

3 жыл бұрын

of course it does.

This GameStop “scandal” is one of the funniest things to happen all year!

@mdogzino

3 жыл бұрын

So far.... The year is still young

Who’s here in June for the second pump with AMC??

Bruce: *tries to run GameStop into the ground for profit* Redditors: ..and I took that personally

@nealorr5086

3 жыл бұрын

Not really. Bruce just thinks that Gamestop shares are over valued. Unless Gamestop is going into the market to raise more capital, what Bruce thinks and doesn't shouldn't bother them in anyway. If I were the board of Gamestop I'd be mighty tempted to sell 10 million shares of stock, just for chaos's sake.

@danielheim6570

3 жыл бұрын

@@nealorr5086 This is exactly right. And this whole comment section is full of people who do not understand Finance. This anti Wallstreet stuff is just bs. Just because you don't understand it, it's not 'evil'. And I'm sure all executives at GameStop holding stock are calling their lawyers right now to see how much company stock they can sell.

@mazzaleen6091

3 жыл бұрын

Ill make it as simple and tldr as possible Argument: people are losing money because of hedge fund shorters nobody else is manipulating the market. Me: WSB in the past have targeted stocks such as amc, bby, blackberry, "citron" and gme, which are unprofitable and fundamentally bunkrupt long term. Stocks like these are prime targets for artificial inflation as they have been for decades. Fundamentally and mid to short term - these companies are going to go under because of their valuation. Argument: hedge fund shorters cause people to lose money Me: shorters control volatility and allow for critical analysis and accurate company valuation. If a truly valuable company was shorted in large volume, smaller investors are able to bank on the profits hedge funds dont capitilize on. Hedge funds also compete with eachother, and undervalued companies are prime targets for funds to get an edge over other funds. Argument: GME is definitely not worth 3$ Me: thats a matter of stock valuation. Just because a company has a new partnership or whatever doesnt mean investors need to start investing in it. Long term fundamentals always trump short term gains. GME is not a long term stock fundamentally. Argument: WSB doesnt have the resources to manipulate the market. Me: WSB has always targetted fundamentally challenged companies that are mass shorted as mentioned since it takes relatively small volume to cause a squeeze. This practice has been known for decades (and is illegal) however hedge funds still continue short when companies are unprofitable long term. Argument: shorting for 100% of a stock is making money off a company failing Me: since funds manage a large volume of Money, they execute the most efficient and safe trades. There is a reason why funds dont just short every struggling company they see, long term GME and the afforementioned companies are unprofitable, have lost market share continuously, and now are fundamentally unlikely to regain their former profits- i.e a near 100% chance of a company losing value. It is not a hedge funds fault they are losing money or not gaining business, its always the companies management. Also as mentioned, if these companies were even slightly profitable, smaller funds looking to get an edge over competitors wouldnt think twice about capitilizing on it on because thats how the market works - a competition between buyers and sellers, market valuation and NOT gambling, yolo stocks and revenge p0rn market manipulation. WSB hasnt stuck it to the man, that much is evident, they arent even making a dent since even the smallest funds have more buying power than WSB could even hope to have. They are ultimately punching themselves and smaller investors that depend on market stabillity in the face. Melvin capital was just handed a billion dollar buyout. And brokers prevented volume influx. Im not going to simp for funds but tell me, if there was any condition that has ever existed for a fund to recieve a buyout, it would be this one: plain as day market manipulation for the sole reason that "wall steeet sucks". Plain as day market manipulation that if you even took a second to glance at a brokers terms of service, you would know preventing openings and closings is allowed to occur when market manipulation has occures.So lets see what WSB had actually accomplished - they developed a bs people vs rich story, wealthy whales manipulated the market for the sole purpose of self profit, they created more volatility which only hurts smaller investors, they gave Melvin capital along with other funds a get out of jail free card worth billions and instantaneously after this stunt, people will short GME en mass, plunging the company into bankruptcy because it is fundamentally a bad company thus, making the shorters even more rich. Please tell me how its the little guy whos winning? Doesnt also seem even the slightest bit weird that everone just so happens to have the same hyperbolic rhetoric?

@danielheim6570

3 жыл бұрын

@@mazzaleen6091 Not that I read all of this. Just a short note. The stock price isn't causing bankruptcy.

@danielheim6570

3 жыл бұрын

@RPGaming just keep gaming...

This is literally bringing left and right who really care about the "little guy" together. I love this

@Placidzzz

3 жыл бұрын

I doubt the left understand or care the little guy - did biden just screw the pipeline project?

@marlongonzalez6586

3 жыл бұрын

@@Placidzzz people left and right are all on the same side against hedge funds. And here you are trying to put joe Biden as the equivalence to the average liberal.

@cheekytitaable

3 жыл бұрын

@La Austin she’s a Wu Mao. Agitator. But I thought the same as Adam C

@youtubeistrash2

3 жыл бұрын

Im Adam C. you Imposter.

@BaddAtom

3 жыл бұрын

@@youtubeistrash2 lol, Hi

This is actually a very interesting, comical situation and it also makes me realize how powerful a collective movement like this can impact things

This is Like when you're playing uno and you get hit with the draw 4 card about 12 times in a row.

Robinhood app accidentally spawns real-life Robinhood behavior, then shuts it down Sheriff-of-Nottingham -Style. Life really does imitate art!

So basically the "bruces" are playing one side of a coin and when the redditors try to play the other side of the same coin they get a penalty. #RIGGED

@matt5740

3 жыл бұрын

modern times in a nutshell. don't forget that new yacht a bruce recently purchased had to be returned. That makes me feel good.

@michaelkuta5657

3 жыл бұрын

@@matt5740 Your don't seem to understand who's actually getting hurt. The hedge fund managers didn't actually get hurt (except maybe losing their bonuses), their investors (lots of pensions) did. Hedge funds use the 2 and 20 rule. It doesn't matter if they make or lose money in a year, they get 2% of all funds under management (+20% of profits). No hedge fund manager will be losing their job over this or hurting financially. This was not "taking from the undeserving billionaires and millionaires to give to the deserving underclass." It was taking from pensions and retirements in a blatant pump and dump scheme that has disrupted investor confidence across the market, hurting everyone's 401ks and IRAs. Is it funny that a bunch of Reddit memeists were able to manipulate the market? Absolutely. Is it funny that the hedge fund biggies aren't getting screwed in the slightest, people with pensions & retirements are? No, not really.

@vgnhdhe

3 жыл бұрын

@@michaelkuta5657 dont put your money into hedge funds then.

@michaelkuta5657

3 жыл бұрын

@@vgnhdhe People with pensions don't decide where their pensions are put.

@vgnhdhe

3 жыл бұрын

@@michaelkuta5657 then the System is fucked, so let it crash

I like to imagine Reggie left Nintendo to join Game stop and had this planned from the beginning like some insane anime mastermind.

So odd that capitalism has warped into something that doesn't value the customer OR the manufacturer. It values a hedgefund guy who has no interest in either the product or the people using it.

It’s ok for Wall Street to do this and screw the average person, but, when the tables are turned NOW it’s a problem. I personally think it’s hilarious.

@louismeloche3857

3 жыл бұрын

Me too, I would have liked to be in on it.

@time2driveohio151

3 жыл бұрын

@@louismeloche3857 u can still join

@mazzaleen6091

3 жыл бұрын

Ill make it as simple and tldr as possible Argument: people are losing money because of hedge fund shorters nobody else is manipulating the market. Me: WSB in the past have targeted stocks such as amc, bby, blackberry, "citron" and gme, which are unprofitable and fundamentally bunkrupt long term. Stocks like these are prime targets for artificial inflation as they have been for decades. Fundamentally and mid to short term - these companies are going to go under because of their valuation. Argument: hedge fund shorters cause people to lose money Me: shorters control volatility and allow for critical analysis and accurate company valuation. If a truly valuable company was shorted in large volume, smaller investors are able to bank on the profits hedge funds dont capitilize on. Hedge funds also compete with eachother, and undervalued companies are prime targets for funds to get an edge over other funds. Argument: GME is definitely not worth 3$ Me: thats a matter of stock valuation. Just because a company has a new partnership or whatever doesnt mean investors need to start investing in it. Long term fundamentals always trump short term gains. GME is not a long term stock fundamentally. Argument: WSB doesnt have the resources to manipulate the market. Me: WSB has always targetted fundamentally challenged companies that are mass shorted as mentioned since it takes relatively small volume to cause a squeeze. This practice has been known for decades (and is illegal) however hedge funds still continue short when companies are unprofitable long term. Argument: shorting for 100% of a stock is making money off a company failing Me: since funds manage a large volume of Money, they execute the most efficient and safe trades. There is a reason why funds dont just short every struggling company they see, long term GME and the afforementioned companies are unprofitable, have lost market share continuously, and now are fundamentally unlikely to regain their former profits- i.e a near 100% chance of a company losing value. It is not a hedge funds fault they are losing money or not gaining business, its always the companies management. Also as mentioned, if these companies were even slightly profitable, smaller funds looking to get an edge over competitors wouldnt think twice about capitilizing on it on because thats how the market works - a competition between buyers and sellers, market valuation and NOT gambling, yolo stocks and revenge p0rn market manipulation. WSB hasnt stuck it to the man, that much is evident, they arent even making a dent since even the smallest funds have more buying power than WSB could even hope to have. They are ultimately punching themselves and smaller investors that depend on market stabillity in the face. Melvin capital was just handed a billion dollar buyout. And brokers prevented volume influx. Im not going to simp for funds but tell me, if there was any condition that has ever existed for a fund to recieve a buyout, it would be this one: plain as day market manipulation for the sole reason that "wall steeet sucks". Plain as day market manipulation that if you even took a second to glance at a brokers terms of service, you would know preventing openings and closings is allowed to occur when market manipulation has occures.So lets see what WSB had actually accomplished - they developed a bs people vs rich story, wealthy whales manipulated the market for the sole purpose of self profit, they created more volatility which only hurts smaller investors, they gave Melvin capital along with other funds a get out of jail free card worth billions and instantaneously after this stunt, people will short GME en mass, plunging the company into bankruptcy because it is fundamentally a bad company thus, making the evil shorters even more rich. Please tell me how its the little guy whos winning? Doesnt also seem even the slightest bit weird that everone just so happens to have the same hyperbolic rhetoric?

@robbed3181

3 жыл бұрын

How does Wall Street screw the average person? If you invest for a lifetime, and pass it on to the next gen. and teach them solid ethical values, they’re going to be despised for that? Generalizing is dangerous. We all have access to the same system. Quit complaining

@adyx1001

3 жыл бұрын

@@robbed3181 no dude: say you invested about 20 years ago in Nokia. That investment long term would basically mean you burn your money (as in nokia 20 years ago was top notch and now nokia is failing). Immagine investing in "horse carriages" and then the car comes along. If you go like "I'll just hold my horse carriage stock and give it to my kids" you end up with ZERO money of your life long investment... wall street (or usually hedge funds) will capitalize by making moves which "bait" people into buying then getting their money lost once the hedge funds pull out. In the previous example (carriage-car), a hedge fund, would hold (maybe even increase) their shares, to make it look to the market that everything is fine, and horse carriages will keep growing; 6 months down the line, once enough "dupes" bought in, they instantly sell all and short (reverse course) which causes a stock to crash: that means "average Joe" who bought at 50, because the stock went up from 40 to 49-51 area and he assumed he might get a 55 back down the line, sees the price go as high as 60, so he buys more (assuming it'll go up to 65+); however the fund, once the sto hits 62-63, "double sells" (closes all buys, and opens short sales) making the stock SUDDENLY drop from 63 to less than 55. Now that Joe "lost" money on the 60 buy, and lost profit on the 50 buy, will go: if that drops more, I'll lose my ORIGINAL investment! Need to close it down NOW before I lose my money. "average Joe" is one of the thousands if not millions of regular people investing, so the stock crumbles down to 40, then 20 then 1, and then the hedge closes the shorts (through buying) something worth nothing and making huge money. This in the end IS a ponzie scheme (illegal). Now here's the issue, if random people do it then everyone panics and calls the feds. If the hedge funds do it, then it's ok, because it was "average Joe's" fault for "not diversifying, or not learning finance, or not [insert random retarded excuse to belittle a guy who was fucked over by wall street].

At this point it is no longer a joke. We have found a way to hurt the corporate elites and I don't think we're going to stop anytime soon.

@RanbirSingh-st2to

3 жыл бұрын

Any idea on the next company short squeeze?

@Boo-8814

3 жыл бұрын

@@RanbirSingh-st2to Papa John's

@unlimited971

3 жыл бұрын

@@RanbirSingh-st2to attaboi!

@RanbirSingh-st2to

3 жыл бұрын

@@Boo-8814 is this a joke?

@79meh

3 жыл бұрын

Costco 😈

"This is Bruce, nobody likes Bruce."

6:26 “They don’t care about the market fundamentals” Little did he know, WSB was the market fundamentals

This has got to be the hottest burn that peasents have ever brought on the rich elites.

@nickyboyfromhell

3 жыл бұрын

Exept those ones where poor literally burned the elites. 😆

""Free Market" for me but not for thee"

Could NOT happen to a more deserving bunch of sharks

Love how you remained unbiased, Ben. Also love how you think it’s hilarious, too. It truly is.

I love how the thing that united both the right and the left had to be *gamestop* lmao

@SgtSkelebone

3 жыл бұрын

Power to the Player

@Crick1952

3 жыл бұрын

Gamers Rise Up!

@csibesz07

3 жыл бұрын

This game is now running on Unity engine.

@glasschurch5163

3 жыл бұрын

Had to Stop the Game somehow...

@PusoSkateCo

3 жыл бұрын

@@csibesz07 touche

Interesting that the app is called “Robinhood” while promoting the rich stealing from the poor...ahh the irony.

@reacher9856

3 жыл бұрын

@Gringo I don’t understand your question as the answer seems obvious. Nevertheless... The poor, in this case specifically, would appear to be anyone who is not allowed to trade with hedge funds. Hedge funds will only take certified investors and the “average” person or company will never get a certification.

@ismellgay1959

3 жыл бұрын

what is a stock market

@ViruDroon

3 жыл бұрын

It's funny how Robinhood became overnight Sherif of Nottingham

@MrXxJosexX

3 жыл бұрын

I think they are gonna have to change their name to something more appropriate "Robbing Hoods"

@todoldtrafford

3 жыл бұрын

@Gringo retail investors

That’s the most I’ve heard my name in any video ever.

@sassyblumpkin5437

3 жыл бұрын

Facts

It’s REALLY funny how the media is whipping out the classic insults to GME retail investors; we’re suddenly all “racists” and “Russians” and “altright”. Lmao

“Some men are not looking for anything logical, some men just want to watch Wallstreet burn.” Alfred

@draperwd86

3 жыл бұрын

Bruce

@csibesz07

3 жыл бұрын

Yeah it's in the freaking game, shorting has risks, you know when Bruces spread fake news to drive down value, now it's the uno reverse card of that. They get a taste of their own medicine now.

@smartchinaemezeofoegbu1257

3 жыл бұрын

I have a very nice investment

@BosonCollider

3 жыл бұрын

Others are just there to make money, since there are literally more shares short than there are shares. The average share has gone around the lending cycle multiple times, and people who lent out their shares to Bruce have a high risk of not getting them back, because Bruce borrowed them for his gambling addiction

@zombiedoll100

3 жыл бұрын

🤣🤣 yess

Finally something that can bring average people together in agreement.

@franciscosantiago5227

3 жыл бұрын

This is the only time that we can have bipartisanship in this country.

@BboyKeny

3 жыл бұрын

@@franciscosantiago5227 More like a global coalition

@nonmagicmike723

3 жыл бұрын

Not really. I've always liked Wall Street. The various financial markets are what greases the wheels of the US economy.

Shorting stocks should not be legal. Shorting stocks is the only reason this GME scenario is possible.

@gopherlee9427

3 жыл бұрын

What about short futures?

I will do my best to make sure that any of the companies that attempted to control free-speech in this scenario again to never ever to support them

F Bruce, he can sell his other 4 houses & drive his kids to public school in a Kia

@parkerzimmerman6405

3 жыл бұрын

Ooo kia might be crossing the line. Tone down the rhetoric sir

@thespig13

3 жыл бұрын

@@parkerzimmerman6405 hey the newer kias are nice, I'd say checy cruze or ford fusion would be crossing

@DJHoodShaka

3 жыл бұрын

facts

@TheVisualParadox

3 жыл бұрын

Thats insulting to kia. Its actually a great brand.

@BosonCollider

3 жыл бұрын

@@TheVisualParadox This. They topped several of the German and Japanese brands in recent quality surveys

The Robin hood people should be in jail. They proved by their actions that the game is rigged.

@sassyfrass4295

3 жыл бұрын

maybe they run dominion too?

@ntmn8444

3 жыл бұрын

If it weren’t for robinhood, this wouldn’t even have been possible to do. Most brokers used to charge ridiculous fees to buy and sell. Robinhood was a disruptor to the investing business. Still is. A lot of the things investors can do now is only possible because of robinhood.

@brianmoore1581

3 жыл бұрын

@@ntmn8444 Wait...wait, are you saying people are misinformed on what is actually going on? Stop it, its on the internet, it must be true

@astraghost774

3 жыл бұрын

@@ntmn8444 - Was possible in Robinhood. Was.

@Mathignihilcehk

3 жыл бұрын

@@ntmn8444 Yes, so Robinhood provides a "service" where they allow you to invest in shares, until they arbitrarily decide to sell those shares without your permission or consent whenever they want. That'd be like having a parking garage and selling people's cars without their knowledge or consent. Sorry, I sold your car cause the price for that car went up. Here is some money, go buy a new car. Wait, you need that car to get to your kid's graduation ceremony? Or your own wedding? Sorry, guess you'll have to miss it. Aren't we awesome for letting you park your car here? No. They aren't awesome. If Robinhood didn't exist, other brokers do and someone else would've replaced them. Ideally not criminals who sneakily sell your property without your consent.

The internet has been around for more than 2 decades, and they still dont get it......if you pick a fight with the internet, you will lose.

This is the kid that owns the ball taking it home with him when his team started losing.

"Free Market" until the rich start losing money.

@daebak7370

3 жыл бұрын

Jesus christ is coming back for the rapture(this decade) Millions of true born again christians all babies and small children under age of accountability will suddenly vanish from the earth. Dont get left behind from rapture to face great tribulation coming to earth. America will be nuked and invaded by russia and china in near future to usher in new world order. Nwo beast system led by antichrist obama and false prophet pope francis ready to take over after rapture. Dont believe the coming massive deception of alien abduction explanation for rapture from obama. Fema concentration camps will be activated around the world post rapture. Refuse coming vaccine and rfid chip implant aka mark of beast at all costs

@AvoxionYT

3 жыл бұрын

@@daebak7370 What the F did I just read

@bobeven3663

3 жыл бұрын

@@AvoxionYT I think you read a cocaine, meth lsd, Bible cocktail of insanity

@lordshrek2198

3 жыл бұрын

@@daebak7370 schizo moment

@mymadbone

3 жыл бұрын

@@bobeven3663 😂😂 👍🏻

A “prank” is just a traditional short squeeze strategy. It’s just being executed by retail. Also, this is more than a prank. Ppl are fighting back against crony capitalism through the free markets. It’s beautiful - Brings a tear to my eye 😢

@AlexPerez-bd9nc

3 жыл бұрын

Its called a prank when its convenient, when its not its called a pump m dump. There is no excuse for this shit. Ben has been lately showing his cards

@3farrelkeane805

3 жыл бұрын

@@AlexPerez-bd9nc wdym?

@johnc6466

3 жыл бұрын

@@AlexPerez-bd9nc there’s nothing wrong with what they are doing.

@bilbobaggins3068

3 жыл бұрын

@@AlexPerez-bd9nc hey guys I found a Bruce

@angelzcreed4705

3 жыл бұрын

@@bilbobaggins3068 LMFAOOO

Great job explaining the whole short selling concept. This was like the 10th video on this topic and I finally understood what happened.

I never even bought or sold anything. I don’t even play games. I just wanna be left alone.

GameStop slogan: “Power to the players” ✌️😂

@StylesEste

3 жыл бұрын

Ah.. Yes.. I do believe my power rewards pro will come in handy when I visit my local store soon. If nothing else than to look at the disappointing selection of games. : P

@redtalon9226

3 жыл бұрын

kzread.info/dash/bejne/mpeF27CnaKzUptY.html&ab_channel=UpperEchelonGamers

@davidchavez1128

3 жыл бұрын

hahahahahahahaha

@joejoe07865

3 жыл бұрын

You my friend have found the true conspiracy LOL. Time for the “games to stop” in our economy lol

First he calls it a "prank." It was not a prank, by saying prank it changes the meaning of what happened. Second he says "artificially boost," it's not artificial. We like the stock. Third he says "to screw bruce." Bruce was well capable of realizing the RISKS involved on shorting a stock and its infinite losses.

@NerdilyDone

3 жыл бұрын

It was kind of a prank, at least partially. It is artificial, because Gamestop isn't really worth the inflated prices. You can like the stock all you like, but generally the people are motivated by messing with the short sellers more than actually wanting Gamestop stock itself. Bruce probably did understand the risks, but he did not understand the willingness of Reddit to stop him in his tracks. Not that I'm against the Redditers in this. Your criticisms are simply mistaken.

"We can land on the surface of the Sun, but only if we arrive at night." Joe Bdum

I love when Ben talks about no politics and just jokes around or makes video about funny topics.

@muellersgame8001

3 жыл бұрын

You know he’s pissed though. He hates the fact that normal people are investing,

@Stigma-ba115

3 жыл бұрын

@@muellersgame8001 source

@KingAfrica4

3 жыл бұрын

@@muellersgame8001 why would he be?

@muellersgame8001

3 жыл бұрын

@@KingAfrica4 he’s a republican. The policy he advocates for benefit only the rich. He hates normal working Americans. But he realizes pretending to be populist is a good grift.

@wallswitheyesjr

3 жыл бұрын

@@muellersgame8001 you mean you want to believe he's pissed about it because it fits better with your preconceived notions about conservatives?

Sounds Like they beat the hedge fund guys at their own game. Brilliant.

@poopjeans1135

3 жыл бұрын

That's why the hedge funds are so pissed. Only they get to manipulate the market to generate massive wealth. Be gone peasant, We, the hedge fund managers won't allow you to participate in a free market.

"Did you hear about GameStop?" "Yeah! Poor Bruce..." 😶

Every dog bites back when it's had enough...

Give Bruce his 600 stimulus, that'll make him whole again

@timothyramirez6487

3 жыл бұрын

Lmao

@Jdowling357

3 жыл бұрын

All that good ole unity

@gamzyte2831

3 жыл бұрын

lmfao

@SilentKnight43

3 жыл бұрын

lol

@TheElectronNinja

3 жыл бұрын

Unity's company slogan "Unity, we all get poor together"

The dislikes were the hedge fund guys.

@DeFreshS10

3 жыл бұрын

Or people who despise Ben Shapiro

@CarrLuke

3 жыл бұрын

I thought they were from people who don't like the shaky cam

@kingslayer6406

3 жыл бұрын

People don't like ads on top of ads

@tregswanson6072

3 жыл бұрын

ROFL

@benjaminloken1999

3 жыл бұрын

Probably 😂😂😂

Reminds me of that 80s movie trading places

Subbed, thank you for sharing this info. Most people I hear talk about it THINK they know what they're explaining but they have no idea

I love how unifying this has become, HOLD THE LINE

@toucan221

3 жыл бұрын

Yes Siree Bob, hold the line, HOOOOOLLLLD That line .

@fezii9043

3 жыл бұрын

You look like an upgraded version of the creator of Twitter (jack dorsey)

@Frank_havre_creation

3 жыл бұрын

HODOOOOOOR!

@safarfsaf

3 жыл бұрын

APES STRONG TOGETHER

This is the stuff I wish I learned in economics. Instead I got some dude who was a communist, feminist, pro choice guy who only ranted about trickle down economics.

@dbefore7165

3 жыл бұрын

Trickle down never worked, hence we have to do things like this

@mik3ymomo

3 жыл бұрын

@@dbefore7165 it worked just fine when we made our own products and businesses in the US actually made things instead of buying and selling money. Now it just trickles down in China.

@roshansundar6618

3 жыл бұрын

@@dbefore7165 Trickle down econ is a strawman of supply side economics, which is actually true and reasonable.

@blacksinatra2715

3 жыл бұрын

I never thought ppl really thought trickle down Econ works lml if it works why is there such a wealth gap in America? US Billionaires seem to be doing pretty good while inflation and lower wages is making the middle class poor

@mik3ymomo

3 жыл бұрын

@@blacksinatra2715 well during the Reagan era we had manufacturing here. People who owned companies who had Capital that expanded their businesses would buy more equipment and hire more employees. Now those benefits went offshore. Do you think Apple makes more or less phones that it did before? How’s being paid to make that happen? But I will agree with you that this trickle down has not improved the life of the typical American worker in 2020. But it has done wonders for chinas economy. Look at the quarterly gains and the improved quality of life since we sent all those manufacturing jobs oversees... China actually has a middle class now and they are traveling and account for a new dynamic as tourists who spend money they made at home. I’m surprised an economy expert like yourself hasn’t analyzed the world macro economic structure and how it’s changed historically and why. Then ask that professor to try to explain it away. Lol

Holy shit "Bruce" looks just like the CEO of the bank I work for, by the way, his name is Bruce.

Was this that unity Biden was speaking about?

This isn’t the whole story either. You left out naked shorting. Bruce sold more stock than existed.

@fromcalifornia2822

3 жыл бұрын

Bruce has to pay interest on that money until they buy and return the stock, right? Bruce has destroyed a lot of small companies, and cost a lot of jobs, right? Bruce ends up with “leveraged buyouts” by passing the debt on to the companies they short/end up owning the cheaply bought stock, right? And this ends up being like corporate raiding of companies that cause the products to end up being sold at the big companies where there is less competition which leaves the prices to consumers higher, right? I think Ben did the best job of describing buying short, but didn’t he leave out the part about the cost to the short buyers of holding the stock?

@ceciliacorson1804

3 жыл бұрын

Small price to pay for the Streisand effect causing a stonk education tsunami.

@MightyTL333

3 жыл бұрын

Left out a big part!

@dondesnoo1771

3 жыл бұрын

But what would have happened if the stock went to a trillion dollars ànd noone stopped it. Sucked all money from the system .🤗

@artel001yt

3 жыл бұрын

I have a question please. I understand from the example that there were 3 entities to consider. The market, the stockbroker and Bruce. However, I dont understand who bruce is or for whom he works and so I also dont understand why everybody hates Bruce. Any light you can shed on this will be super appreciated. Thanks.

I love how this has taught more about finance to people than anything else.

@MichaelMike85

3 жыл бұрын

dude it has. I now know how a small part of the stock market works. lol

@montieluckett7036

3 жыл бұрын

And did it in ten minutes. Instead of someone taking out a student loan for 100,000 dollars that you and I will have to pay back on behalf of the student because they couldn't go out and get hired in that field. Because instead of studying they went out and partied, or didn't have the intellectual wherewithal, and didn't get grades that put them in the top twentieth percentile of their graduating class.

@RevRedmondFarrier

3 жыл бұрын

This video made shorting more understandable than any of the videos I have seen on dedicated trading channels by people who trade for a living.

@cashkromsupernerd1193

3 жыл бұрын

Agreed. The stock market has always become more confusing the more I learned about it, and while I'm still not sure how a higher stock value does good for the business (I know the business doing good good or bad tends to reflect on the stock price, I just don't know how that can work in reverse), this clears basically the rest of it up for me

@alexx_tv2362

3 жыл бұрын

It’s kind of sad tho that they just don’t teach basic market fundamentals to kids in school. Everyone should understand how the economy and stock market work to a certain degree especially considering how accessible it is to everyone in the digital age. But i guess it’s not just the education systems fault it’s really not that hard to gain access to information like this it’s up to the individual

I like how everyone is describing this scenario like a Saturday morning Sesame street episode

I think now I shall go listen to the old ELO song "Dont bring me dowwwwnnn, Bruce!"

@sassyblumpkin5437

3 жыл бұрын

Niiiiiiiiiiiiiiiice

Don’t worry guys, any lost money will be replaced to them next “stimulus” I’m willing to bet the next stimulus will be sooner now.

@UKinUSA-xx5zo

3 жыл бұрын

A side dish of moral hazard anyone 😄

@richcountyratrodsjrod2329

3 жыл бұрын

Depressing

@potentialpolitics7769

3 жыл бұрын

I guess in this regard both sides are the same seeing as both trump and Obama bailed out corporations

@supporterofsanity

3 жыл бұрын

Stimulus for me not for thee.

@danhard8440

3 жыл бұрын

@@potentialpolitics7769 Obama didn't bail out the banks it was Bush 3 months before he left office

prank? no... it was a demonstration of "rules for thee, but not for me."

@JohnDoe-ff2fc

3 жыл бұрын

They were punked, not pranked. Love it when a plan comes together, way to go Reddit Bros. 🍻 Prost

@freeross371

3 жыл бұрын

Yeah I was about to comment something similar, this was no prank Ben!

@priestly33

3 жыл бұрын

Stop shutting down our country

@CuFhoirthe88

3 жыл бұрын

@@priestly33 Whose "our" exactly?

@wonkothesane8691

3 жыл бұрын

And why ''Rules for thee, but not for me...'' harms everyone.

Thanks Ben for understanding us! - One of the Reddit guys

Thanks for helping me make sense of it. I had a vague understanding, but I was unsure.

Bruce: *does a short stock* Reddit: I’m about to ruin this man’s whole career...

@CHAPI929292

3 жыл бұрын

Wow so funny and original, never heard that before

@zach6395

3 жыл бұрын

Well if he puts on that cape and cowl ......

@thegloom1702

3 жыл бұрын

*End

@skylarescue4043

3 жыл бұрын

Chapi Yeah, I know. Just bored.

@Tyler-fp9il

3 жыл бұрын

F Bruce

I swear to god this whole event is the one thing thats actually uniting people on differing ideologies. Hope the politicians actually do more than just tweeting hollow rage.

@tttaaa8122

3 жыл бұрын

Politics suck... People are awesome!

@TheDevilslayer101

3 жыл бұрын

I'm almost surprised to see someone like Ben supporting reddit on this, I thought republican voters would side with the corporations here, I guess it's true that the politicians sell out to big business and on both sides the voters fight for the little guys.

@marieverlaine431

3 жыл бұрын

@@TheDevilslayer101 do you really think that Trump supporters are against the people?

@youngupgradebodybuilding6445

3 жыл бұрын

just watch reddit is going to either be taken down or subject to severe restriction

@TheYasinporsuk

3 жыл бұрын

@@marieverlaine431 Trump supporters are against everything that is good for the people. Don’t change the narrative as this has nothing to do with those same people who disregarded our democracy by storming the capitol.

Thank you for such a great break down of the details!

The best part is I see a Robinhood ad as soon as the video ended 🤣👌

This was the biggest Reverse-Card in history

@fisheranderson8677

3 жыл бұрын

Lmao fax

@romansempire9237

3 жыл бұрын

What's funny is the guy behind all of this actually uses uno cards to pick out his stocks. His name is Keith Gill. He goes by "roaring kitty" on KZread and is a fucking legend.

@melepearl7916

3 жыл бұрын

@@romansempire9237 wait what?! Please tell me more!!!!

@mateusfelipecardoso40kview3

3 жыл бұрын

Mirror wall trap card activated

@bjtucker5

3 жыл бұрын

@@mateusfelipecardoso40kview3 legend 👏

the people who manipulate stocks are getting stocks manipulated on them. pay back is a bitch

@adriangodoy4610

3 жыл бұрын

it's not manipulated the people are buying normally. the only manipulation here is blocking people from buying. But buying a stock because you think it's going to be worth more in two days is not manipulation

@ianrajkumar

3 жыл бұрын

It's karma, when you do evil things it affects the world around you and over time, that negative action accumulates momentum like a snow ball rolling down hill, and when it hits it hits like an avalanche. The hedge fund and they their backers did this to themselves.

@The_Critique

3 жыл бұрын

@@adriangodoy4610 this whole video explains how its manipulation...

@zbridgjpxupzm

3 жыл бұрын

How on earth it is legal to sell something that you do not own & have borrowed?!?!?!

@adriangodoy4610

3 жыл бұрын

@@The_Critique this whole video explains why it went up. But it went up naturally. People want to buy gme really. They have the money make the bid and it's real demand. Shorting a stock could be considered more artificial, but buying and holding a stock is just the natural what of the market, they are using the market as intended.

Worth remembering that when dealing with these big fund managers ,you are talking about people who take the HELICOPTER to work, their helicopter. That type of money can get lots of 'friends ' in the right places.

I love all the snakes who are now like "we need more regulations!" when they never would've uttered those words if THEY were the ones gaming (no pun intended) the system.

I heard that Robinhood was selling the stocks without approval of the owners. And people think this is not rigged.

@cvn6555

3 жыл бұрын

THAT should be a jailable offense. Hard time.

@matthewerwin4677

3 жыл бұрын

Robinhood derives a large amount of value from its relationship with Citadel Securities. In return for access to order data, Robinhood has sold about $69 million of information in 2018 to give firms like Citadel Securities more information than is available to retail investors - specifically, first access to trade patterns a few milliseconds before they get filled. This was said to be about more than 40% of Robinhood’s total revenue in 2018 by three anonymous sources in Bloomberg, something that looks to have invited a SEC probe. This allows for automated trades to have an edge with faster data than the rest of the market. The old adage holds true here - if you’re not paying for the product (after all, Robinhood built its userbase on the premise of commission-free trades) then you probably are the product.

@mazzaleen6091

3 жыл бұрын

Ill make it as simple and tldr as possible Argument: people are losing money because of hedge fund shorters nobody else is manipulating the market. Me: WSB in the past have targeted stocks such as amc, bby, blackberry, "citron" and gme, which are unprofitable and fundamentally bunkrupt long term. Stocks like these are prime targets for artificial inflation as they have been for decades. Fundamentally and mid to short term - these companies are going to go under because of their valuation. Argument: hedge fund shorters cause people to lose money Me: shorters control volatility and allow for critical analysis and accurate company valuation. If a truly valuable company was shorted in large volume, smaller investors are able to bank on the profits hedge funds dont capitilize on. Hedge funds also compete with eachother, and undervalued companies are prime targets for funds to get an edge over other funds. Argument: GME is definitely not worth 3$ Me: thats a matter of stock valuation. Just because a company has a new partnership or whatever doesnt mean investors need to start investing in it. Long term fundamentals always trump short term gains. GME is not a long term stock fundamentally. Argument: WSB doesnt have the resources to manipulate the market. Me: WSB has always targetted fundamentally challenged companies that are mass shorted as mentioned since it takes relatively small volume to cause a squeeze. This practice has been known for decades (and is illegal) however hedge funds still continue short when companies are unprofitable long term. Argument: shorting for 100% of a stock is making money off a company failing Me: since funds manage a large volume of Money, they execute the most efficient and safe trades. There is a reason why funds dont just short every struggling company they see, long term GME and the afforementioned companies are unprofitable, have lost market share continuously, and now are fundamentally unlikely to regain their former profits- i.e a near 100% chance of a company losing value. It is not a hedge funds fault they are losing money or not gaining business, its always the companies management. Also as mentioned, if these companies were even slightly profitable, smaller funds looking to get an edge over competitors wouldnt think twice about capitilizing on it on because thats how the market works - a competition between buyers and sellers, market valuation and NOT gambling, yolo stocks and revenge p0rn market manipulation. WSB hasnt stuck it to the man, that much is evident, they arent even making a dent since even the smallest funds have more buying power than WSB could even hope to have. They are ultimately punching themselves and smaller investors that depend on market stabillity in the face. Melvin capital was just handed a billion dollar buyout. And brokers prevented volume influx. Im not going to simp for funds but tell me, if there was any condition that has ever existed for a fund to recieve a buyout, it would be this one: plain as day market manipulation for the sole reason that "wall steeet sucks". Plain as day market manipulation that if you even took a second to glance at a brokers terms of service, you would know preventing openings and closings is allowed to occur when market manipulation has occures.So lets see what WSB had actually accomplished - they developed a bs people vs rich story, wealthy whales manipulated the market for the sole purpose of self profit, they created more volatility which only hurts smaller investors, they gave Melvin capital along with other funds a get out of jail free card worth billions and instantaneously after this stunt, people will short GME en mass, plunging the company into bankruptcy because it is fundamentally a bad company thus, making the evil shorters even more rich. Please tell me how its the little guy whos winning? Doesnt also seem even the slightest bit weird that everone just so happens to have the same hyperbolic rhetoric?

@charetjc

3 жыл бұрын

@@mazzaleen6091 What no, argument for shorting over 100% of available stock?

You forgot the part where Bruce's sold more stonks than actually existed.

@joshuadalton6063

3 жыл бұрын

By a factor of 100

@stankahuna5271

3 жыл бұрын

@@joshuadalton6063 i heard it was between 125% and 140% hearing all kinds of stories its already legend

@thedillestpickle

3 жыл бұрын

@@joshuadalton6063 Not true. By a factor of 1.4 is more accurate.

@joshuadalton6063

3 жыл бұрын

@@thedillestpickle I was including derivative markets and the other markets that allow you to profit off of what happens on the stock market in general. ie like crash of 2008 where the market for CDOs and so on was something like 50x the size of the actual mortgages underlying them.

@reinhard8586

3 жыл бұрын

Wtf how, Iam interested can u recommend an article to read?

Nicely explained, Ben! Thanks alot, was really wondering and didnt get it until now :)

I watched like 5 videos explaining this and with your way of explaining it I finally understand

Just give Bruce 600$ and tell him to budget his money better. He’ll be fine

@tientrinh943

3 жыл бұрын

Rich people don’t tell you that

@Odd_Combo

3 жыл бұрын

ICED!!!

@robjohnston366

3 жыл бұрын

How about just cutting out the leveraging aspect completely?

We remember our fathers being ruined by wallstreet and losing their pensions while the rich were bailed out with our fathers tax dollars. Time for some payback. Short a stock over 100% again I dare you.

@nonmagicmike723

3 жыл бұрын

I'm pretty sure most fathers made way more money off of Wall Street than ever lost on it. The major indexes have been on a steady rise for decades.

@StylesEste

3 жыл бұрын

@@nonmagicmike723 You'd be surprised at how often stocks are not invested into than those that are. I know many people that have never invested. Would be a good graph to read though.

@deborahgrantham7387

3 жыл бұрын

I got a news flash for you, mom and pop have their retirement funds in the stock market. Rich guy make their easy money on mom and pops poor money. Just like the bank makes money on idiots regularly over drafting. So when wall street fails, the rich guys lose money .....so do mom and pop and when retired people no longer have any, they either have to go back to work, or depend on kids. Not good.

@TopGHippie

3 жыл бұрын

@@deborahgrantham7387 And yet the government only bails out rich investors not the poor investors (masses). Both parties are fake populists.

@nonmagicmike723

3 жыл бұрын

@David Goldberg About 60 million Americans have 401(k)s. And virtually all the major stock indexes have been on the rise. Therefore, private pensioners made a lot more money than lost on them. I don't see what's wrong about that.