Rayvin 4949 Posted January 28, 2021 Share Posted January 28, 2021 2 minutes ago, ewerk said: The thing is that it obviously won’t be off. Unless there’s a secret Reddit plan to subsequently short the stock then surely a lot of them are going to lose money? Though obviously it’s worth it from afar to see hedge fund cunts losing billions. Yep - but they appear to have bought into the notion that bloodying the nose of the big guy is worth the loss. Link to comment Share on other sites More sharing options...
Isegrim 8868 Posted January 28, 2021 Share Posted January 28, 2021 48 minutes ago, Meenzer said: It's got Ted Cruz and AOC to agree on something, so that's already a heck of an achievement. 6 Link to comment Share on other sites More sharing options...
Dr Gloom 19736 Posted January 28, 2021 Share Posted January 28, 2021 (edited) 2 hours ago, Rayvin said: As an aside, is anyone following the Reddit driven takedown of the US financial market Incredible stuff so far. Some hedge fund shorted the stock for GameStop, which I assume is some soon to die video game retailer, and a stock trading subreddit took this as some kind of call to arms. The upshot is that huge numbers of 'average joes' have bought large quantities of the stock, thus exposing the hedge fund to, so far, $1bn of losses. It's now being covered across the MSM, Biden's office is monitoring the situation, and various stock trading apps are trying to prevent non-hedge fund buyers from investing further into Gamestop (i.e. they've made is impossible) which is pulling senior politicians into the mix. The subreddit seems to think this is 'wealth re-distribution' in action, although they are also quite exposed here if the stock doesn't hold. And I mean, eventually there'll be some massive sell off - but even so, it's causing an absolute clusterfuck on WallStreet, and for that it's worth paying a bit of attention to. If you think the Reddit basement bros are actually redistributing finance, think again. Silver Lake, one of AMC’s big creditors, just pulled off the “trade of the lifetime” thanks to them Edited January 28, 2021 by Dr Gloom 1 Link to comment Share on other sites More sharing options...
Dr Gloom 19736 Posted January 28, 2021 Share Posted January 28, 2021 Nice to see them take on Wall Street at its own game though. Link to comment Share on other sites More sharing options...
Rayvin 4949 Posted January 28, 2021 Share Posted January 28, 2021 (edited) I mean, they they think are redistributing wealth rather than me thinking it, you'd have to take that up with them I'm certain some of them will end up having made quite a lot. Not all of them, many will lose a great deal - but some of them. Edited January 28, 2021 by Rayvin Link to comment Share on other sites More sharing options...
The Fish 8950 Posted January 29, 2021 Share Posted January 29, 2021 I love the reaction of Wall St to this, like a 7yr old having a paddy because the new kid is ruining it because they're not playing properly. Fuck 'em, fuck their slick back hair, fuck their braces, fuck their power ties, fuck their delusions. Link to comment Share on other sites More sharing options...
Rayvin 4949 Posted January 29, 2021 Share Posted January 29, 2021 Keir Starmer "supports Johnson's trip to Scotland" despite it coming just after us passing the 100,000 death threshold when it could be argued that there are other priorities beyond photo opportunities. "I'm with the prime minister on this one," he told LBC Radio. "He is the prime minister of the UK. It's important that he travels to see what is going on, on the ground." Link to comment Share on other sites More sharing options...
ewerk 26184 Posted January 29, 2021 Share Posted January 29, 2021 Of course it's fine. It's just the SNP stirring up controversy when there is none. Link to comment Share on other sites More sharing options...
Rayvin 4949 Posted January 29, 2021 Share Posted January 29, 2021 You don't think it qualifies as an unnecessary journey in the middle of a national lockdown? I think it rather does 1 Link to comment Share on other sites More sharing options...
Monkeys Fist 38564 Posted January 29, 2021 Share Posted January 29, 2021 Ffs people, he was going for an eye test.… 2 Link to comment Share on other sites More sharing options...
PaddockLad 14527 Posted January 29, 2021 Share Posted January 29, 2021 Why is Sturgeon threatening to release vaccine order figures & why is the government shitting themselves because of it? 🤔 Link to comment Share on other sites More sharing options...
ewerk 26184 Posted January 29, 2021 Share Posted January 29, 2021 24 minutes ago, Rayvin said: You don't think it qualifies as an unnecessary journey in the middle of a national lockdown? I think it rather does Strictly speaking there's nothing he can't do from No.10 so should he just hole up there for the next few months? Honestly, five minutes in Scotland and they've turned you bitter already. Link to comment Share on other sites More sharing options...
Rayvin 4949 Posted January 29, 2021 Share Posted January 29, 2021 12 minutes ago, ewerk said: Strictly speaking there's nothing he can't do from No.10 so should he just hole up there for the next few months? Honestly, five minutes in Scotland and they've turned you bitter already. I would be very happy with that, yes. 1 Link to comment Share on other sites More sharing options...
NJS 3960 Posted January 29, 2021 Share Posted January 29, 2021 I think it's a minor complaint in the scheme of things but then again I'd classify it as political campaigning rather than statutory duties. Link to comment Share on other sites More sharing options...
Meenzer 13978 Posted January 29, 2021 Share Posted January 29, 2021 I'd have less of a problem with the campaigning aspect of it if they weren't simultaneously telling parties to stop putting leaflets through doors ahead of the local elections. Link to comment Share on other sites More sharing options...
Meenzer 13978 Posted January 29, 2021 Share Posted January 29, 2021 On 26/01/2021 at 08:07, Isegrim said: 5 Link to comment Share on other sites More sharing options...
RobinRobin 9170 Posted February 1, 2021 Share Posted February 1, 2021 On 29/01/2021 at 16:59, The Fish said: Fuck 'em, fuck their slick back hair, fuck their braces, fuck their power ties, fuck their delusions. Welcome to the 80's Link to comment Share on other sites More sharing options...
The Fish 8950 Posted February 2, 2021 Share Posted February 2, 2021 On 01/02/2021 at 02:54, RobinRobin said: Welcome to the 80's It's just a little bit of history repeating. Link to comment Share on other sites More sharing options...
Renton 17626 Posted February 2, 2021 Share Posted February 2, 2021 (edited) On 10/01/2021 at 22:37, Renton said: Also, have you noticed every time he does a party political broadcast or media event he has to have a scabby union jack draped next to him? Thus type of shite used to be the preserve of the BNP. Welcome to Britain 2021. I was right, as usual. https://www.theguardian.com/politics/2021/feb/02/labour-urged-to-focus-on-flag-and-patriotism-to-win-voters-trust-leak-reveals?CMP=Share_AndroidApp_Other He did it again in his pathetic party political broadcast last night as well, felt very much like I was listening to a tory. Edited February 2, 2021 by Renton 1 Link to comment Share on other sites More sharing options...
Rayvin 4949 Posted February 2, 2021 Share Posted February 2, 2021 I don't feel like I can comment on Starmer doing this stuff really as it just seems like I'm looking for faults given my politics - but I do basically agree with Renton on this in full. Having said that, maybe it's a winning strategy irrespective of what we think. Link to comment Share on other sites More sharing options...
NJS 3960 Posted February 2, 2021 Share Posted February 2, 2021 I thought Renton was the cheerleader for Corbyn losing votes due to the nuclear button/sing the national anthem shit? If this gets red wall gammons thinking of voting Labour again then it's not that bad a thing as long as it doesn't become the be all and end all of the whole party strategy. 2 Link to comment Share on other sites More sharing options...
Renton 17626 Posted February 2, 2021 Share Posted February 2, 2021 19 minutes ago, NJS said: I thought Renton was the cheerleader for Corbyn losing votes due to the nuclear button/sing the national anthem shit? If this gets red wall gammons thinking of voting Labour again then it's not that bad a thing as long as it doesn't become the be all and end all of the whole party strategy. I don't understand your first paragraph. What Starmer is now doing is pandering to far right nationalism. It's absolutely jarring to see, its counterproductive, its cowardly, and its fucking just wrong. I couldn't stand Corbyn but there's very little I've seen in Starmer to think he is the answer. I'm beginning to agree with Gemmill that Nandy would have been a better choice. Link to comment Share on other sites More sharing options...
PaddockLad 14527 Posted February 2, 2021 Share Posted February 2, 2021 (edited) Gloom got it right a few months ago...Starmer is Kinnock...if we’re lucky. Trump lost the popular vote twice. It’s very unlikely that the tories will till 2029..unless they do something even worse than letting 110k people die, something unbelievably stupid like upsetting Rupert fuckin Murdoch... Edited February 2, 2021 by PaddockLad Link to comment Share on other sites More sharing options...
NJS 3960 Posted February 2, 2021 Share Posted February 2, 2021 30 minutes ago, Renton said: I don't understand your first paragraph. What Starmer is now doing is pandering to far right nationalism. It's absolutely jarring to see, its counterproductive, its cowardly, and its fucking just wrong. I couldn't stand Corbyn but there's very little I've seen in Starmer to think he is the answer. I'm beginning to agree with Gemmill that Nandy would have been a better choice. We definitely had a debate about pressing the button and trident where you stated (probably correctly) that old, northern voters wouldn't vote for Corbyn because of that issue. Link to comment Share on other sites More sharing options...
Blastronaut 1231 Posted February 2, 2021 Share Posted February 2, 2021 On 28/01/2021 at 18:37, ewerk said: The thing is that it obviously won’t be off. Unless there’s a secret Reddit plan to subsequently short the stock then surely a lot of them are going to lose money? Though obviously it’s worth it from afar to see hedge fund cunts losing billions. Most interesting thing about it is that it's shone a huge spotlight on the shady and corrupt dealings of these hedge fund managers. I'm financially illeterate myself but have two close family (one a retired highstreet bank auditor and another with a masters degree in finance) who are both convinced this whole thing proves these billionaires have been counterfeiting shares. Fuck knows, something about these retail investors (the redditors, for the most part) almost owning 180% of Gamestop at one point while the brokers are all scrambling about to find the "borrowed" shares that the hedge fund cunts were trying to short. Link to comment Share on other sites More sharing options...
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