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dada » Mon Dec 07, 2020 1:09 pm wrote:When I read what comes out of the self-referencing and -reinforcing subculture bubble of conspiracy hobbyists, I can't help seeing how completely dominated and cowed they are by the idea of the illuminati.
The obsession frames every thought, obscures every fact and colors every opinion. The drive to conspiricize all moments takes over. But Bill Gates and friends are not the architects of the grand conspiracy that is hell-bent on stealing their precious bodily fluids. It's immersion in that subculture network which reproduces the architects of grand conspiracy inside them every day.
JackRiddler » Tue Jan 26, 2021 8:20 pm wrote:Gee golly, anyone read this interesting article about accounting I posted above?
viewtopic.php?f=8&t=41320&start=420#p692879
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William LeGate
@williamlegate
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19h
/r/WallStreetBets about to blowup another hedge fund, this one valued at $13.1 BILLION before the Reddit trolls decided to all buy GameStop lol
William LeGate
@williamlegate
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19h
Up nearly 100% just today, after being up about 100% yesterday lol tell me we're not in a bubble
William LeGate
@williamlegate
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19h
If GameStop goes up another 17%, this hedge fund will instantly collapse. $13.1 billion gone. Poof.
William LeGate
@williamlegate
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19h
Elon Musk just tweeted about the stock & they're now trading at $192 after-hours… if they open at this price, Melvin Capital will go bankrupt tomorrow morning. $13.1 billion in wealth transferred from Wall St to Reddit trolls.
William LeGate
@williamlegate
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19h
What we're witnessing isn't a traditional pump & dump… it is an unorganized, yet collective effort of memelords & avg Americans to completely ignore all market fundamentals &, thru the power of social media, bankrupt hedge funds overnight, taking their funds. Legality unclear.
William LeGate
@williamlegate
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18h
Reddit is also in the process of meme-ifying AMC stock to revive it from the dead… this is like the Occupy Wall Street movement but on their own turf & with real financial consequences. Incredible.
Belligerent Savant » Wed Jan 27, 2021 12:06 pm wrote:^^^^^^^^
Loving this. "Beautiful Reddit trolls" indeed.
(for this case we'll call them that)
...i'd like talk about market manipulation, wall street bets, the mainstream media, institutional investors and how they are trying to completely pull the wool over your eyes so that you blame the wrong group of people for what's been going on today. This makes me incredibly, incredibly angry and aggravated, because what they're doing in a lot of the articles that i'm reading, is they are framing the argument to prime the pump for you to be mad at someone that you shouldn't be mad at. They don't want you to be mad at the institutional investor; they don't want you to be mad at the greedy hedge fund manager; they want you to be mad at someone, just like you, who's typing on their keyboard some funny crap during work, posting little rocket ship emojis and buying stock -- and most of the time, what i see from the posts, a fairly small quantity. Now to be clear here, just because i am getting up here to to talk to you about the BS that money managers and hedge fund managers and institutional investors are trying to get across does not mean that i agree wholeheartedly with everything that i see posted on the wall street bets forum. Just because i dislike the money managers that appear to be pushing what i believe to be a false narrative, doesn't mean i sign off on everything i read here....
...at this point in time i believe that you are hearing only one side.
...so a bunch of people that had nothing better to do because they probably lost their jobs because they're considered non-f'g essential by andrew cuomo said, "okay listen i got nothing better to do with my day, let me just go through every single stock in the market and see what shares are available short, and compare that to their book value, or their total equity, or their cash on hand", or whatever, and a bunch of people did that because they have a bunch of time too because they also have no job to go to and they found gamestop and they say, "hhhmm mm..."
JackRiddler » 28 Jan 2021 02:41 wrote:.
Anyway, what you posted Hillshoist is interesting: except for spinning it as though it starts with Reddit fucking the hedge funds, rather than months earlier on Wall Street with the hedge funds scamming and fucking Gamestop.
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Joe Hillshoist » Wed Jan 27, 2021 6:09 am wrote:I dunno if this belongs here or not?
Read this twitter thread:
Is it real?
And if so how do we all get in on this?
https://twitter.com/williamlegate/statu ... 7874671616
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