Quantcast

6thElement

Schrodinger's Immigrant
Jul 29, 2008
7,946
4,766
I'm out of the loop on this one.
Somebody wanna give me a synopsis, or point me to the cliffs notes?

tanks.
Search for GME stock price.

As I read it investors shorted the stock, nerds on reddit decided to go up against them and now the price per share has gone from feck all to ~$350. So the companies that shorted the stock all lost lots if they closed their positions. Others betting on the stock have made millions. The bubble will likely soon burst back to reality and lots of people will lose money.
 

rideit

Bob the Builder
Aug 24, 2004
12,961
4,726
In the cleavage of the Tetons
Search for GME stock price.

As I read it investors shorted the stock, nerds on reddit decided to go up against them and now the price per share has gone from feck all to ~$350. So the companies that shorted the stock all lost lots if they closed their positions. Others betting on the stock have made millions. The bubble will likely soon burst back to reality and lots of people will lose money.
Everything in life is turning into a video/internet game.
Zwift
Qanon
The Stock Market

next up: the weather
 

Jm_

sled dog's bollocks
Jan 14, 2002
12,207
4,163
AK
Weird that some people chose to use what is essentially gambling as some sort of metric for how "the economy" is fairing. Maybe we can use Coca-Cola as a reference to how safe our water is to drink?
Water? Like in the toilet?
 

jimmydean

The Official Meat of Ridemonkey
Sep 10, 2001
32,487
5,725
Portland, OR
Gamestop bringing joy to sick kids



. “A lot of people are saying that this is somewhat like a transfer of power, but if the money’s going from here just to the other side, there’s no difference if we just are acting the same way as the people that we’re criticizing,” Kahn said. “It’s important that we don’t become men in suits ourselves, and use our money for good.”
 

eric strt6

Resident Curmudgeon
Sep 8, 2001
17,802
6,943
directly above the center of the earth

kidwoo

Celebrating No-Pants Day
Aug 25, 2003
27,378
4,827
In my pants


I'm not sure something like this these days could be nearly as effective as most of the works project stuff. Back then they just built shit that was wanted or needed. Given current nepa processes on public land and the heavy involvement of the conservation industrial complex I could see this actually leading to a loss of access for anyone who's not a wealthy hiker.

Has some potential though.
 

kidwoo

Celebrating No-Pants Day
Aug 25, 2003
27,378
4,827
In my pants

Montana rider

Monkey
Mar 14, 2005
878
787
.

I have to imagine the Drumpf era hastens this trend, as it's clearly apparent that the most publicly outspoken Xtians (Fallwell and his set) are grifter's first and foremost...
 
Last edited: