fandomsecrets | [ SECRET POST #5136 ]

[ SECRET POST #5136 ]

⌈ Secret Post #5136 ⌋

Warning: Some secrets are NOT worksafe and may contain SPOILERS.

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[Romeo + Juliet (1996)/John Wick]

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[Grease]

Notes:

Secrets Left to Post: 01 pages, 12 secrets from Secret Submission Post #735.
Secrets Not Posted: [ 0 - broken links ], [ 0 - not!secrets ], [ 0 - not!fandom ], [ 0 - too big ], [ 0 - repeat ].
Current Secret Submissions Post: here.
Suggestions, comments, and concerns should go here.

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I'm not a fan of Gamestop, and I know it's terrible to laugh, but that is some funny shit.

I’ve been seeing that drama everywhere and I’m still not sure what exactly it’s about.

Same, I'm getting suck of it. Everyone assumes everyone knows what it is already and talks like we inherently know. One case in point: the thread OP.

*getting SICK of it

Oh, I'm so sorry for offending your non-knowing senses. Please forgive me for bringing up topics of conversation you can't personally be bothered to keep up with in a dying comm, daddy. How dare I post before checking with you first.

It's kind of stupid. GameStop hired some new board members and the stock went up after not doing well for a long time. Hedge funds seeing this decided to "short" GameStop stock, meaning that they bet against the stock and needed the price to drop, to make a lot of money when it failed. But a Reddit group r/wallstreetbets decided no, so the investors of this group bought a lot of stocks very quickly, causing the stock price to hyper-increase (748% in just one week), to make the hedge funds lose money. And it worked - two major hedge funds sold out of their investments and lost millions.

I have to say, i'm on the side of the redditors here. Fuck hedge funds, always betting and trading on human misery. I'm glad they lost millions.

https://www.bbc.com/news/newsbeat-55841719

https://www.bbc.com/news/business-55817918

https://www.nbcnews.com/think/opinion/redditors-took-hedge-funds-over-gamestop-amc-theatres-stock-won-ncna1255919

Hedge funds getting fucked over is like pure cocaine for me ♥

Hard same!

Somebody had a quote about Marx playing the UK and US stock market to ~redistribute~ and so now I find it twice as funny.

The fact it's Gamestop kind of makes it even funnier to me. I mean why NOT play these kinds of stupid games with a company whose very own policy allows them to dictate meaningless prices regardless of actual value and you're just kinda stuck with it, right?

I am STUNNED by the number of people crying about the billionaires.

Don't get me wrong, it sucks to lose money no matter how rich you are, I'm not unsympathetic to that. But all the people who talk a big game about "Helping the working people on minimum wage" and "It is not possible to be a billionaire and moral" suddenly turning around like "This is violence! This is an attack! We need to stop this!"

I know WHY they're doing that. The Billionaires got their pet journos to write up bullshit about how it's the alt-right, the gamergaters, the anti-Semites, white supremacists, Trump/MAGA people.

I know why the billionaires marshalled their forces in the press, and I know why the press did exactly what they were told, but what I can't fathom is why SO MANY people are buying into it.

Journo tells you the people you hate are hurting billionaires, and suddenly billionaires are vitally important and need to be protected? When just a few short weeks ago billionaires are immoral?

I hate to be the "Wake up, sheeple" guy, but by gods it seems like there's an awful lot of sheeple out there.

Indeed, this is a great question.

As much as I don't like the alt-right, the gamergaters, the anti-Semites, white supremacists, Trump/MAGA people, I am loving this episode for what I am seeing (why would they want to make Gamestop go bankrupt anyway? Don't they employ people? Fuck 'em and their riches?) but I'm so skeptic of whatever those people do that I can't help but think there is something horrible going on.

I tend to read mainstream liberal media, and I have not seen this spin at all. Reporting has mostly just been describing what happened, what shorting is, what the shorting squeeze is, and potential concerns. I have seen nothing about the alt-right, gamergate etc. I haven't even seen them strongly call for stopping this.

Don't get me wrong, I hate billionaire and absolutely support this. But I have not seen the media spin you're talking about, specifically related to right fringe groups. Maybe I'm on different groups, but the reactions I tend to see are either people not understanding this or people supporting this.

Same. Absolutely nowhere have I seen this take.

Yeah, the only place I've seen anything linking MAGA/alt-right people to this was in memes that definitely didn't originate with journalists/the media, and I read primarily left-wing and centrist sources.

Thirding this. Wako's comment is the first place I've seen anybody imply a link between these things.

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[ SECRET POST #5136 ]

The Gamestop/hedge fund drama

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Re: The Gamestop/hedge fund drama

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Re: The Gamestop/hedge fund drama

Re: The Gamestop/hedge fund drama

Re: The Gamestop/hedge fund drama

Re: The Gamestop/hedge fund drama