London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
The lotus eaters and reddit have decided and are very close to bankrupting some big hedge funds by buying the stock of game stop which had been heavily shorted from $4 to $140 and if the rise continues several hedge funds will be jubbed lmao
https://www.pcgamer.com/reddit-messes-with-investors-by-driving-gamestop-stock-price-to-record-heights/
You might want to listen to Peter Schiff on this..Is the Bitcoin Game about to Stop? – Ep 649 https://www.schiffradio.com/is-the-bitcoin-game-about-to-stop/ very interesting
I will listen later but I very much doubt the hedge funds will short squeeze anything to do with gamers ever again lol
And in his most recent episode....I wonder what will happen ...apparently Musk tweeted "Gzmestunk"????
Never did I expect to see the term gamer gate here... that is one deep rabbit hole that all started because a so called games journalist used their body for an inside scoop. Say what you want about what people get up to in their bedrooms but journalistic integrity is important.
Of course the Legacy Media would have you believe a bunch of evil boogeymen on the internet are evil and something something trolls but when all is said and done. It started for the reason stated. And one of the so called victims in that saga ended up speaking at the UN and all of them are very rich now and or have lucrative and influential positions. Hmmmmmmmm.
Just how much is everything interconnected? It's freaky. ANyway, gonna have to swallow my distaste for whatever Sargon of Akkad is calling himself these days and give that a listen. Even if it is out of date cos this Gamespot thing is fascinating.
So in spite of other hedge funds bailing each other out ! Cooperating to prevent their shorts being jubbed Robin Hood and other online trading platforms have banned retail investors from buying GameStop shares !!! Whatever your views on online groups of investors trying to take down hedge funds this sets a lot of very bad precedents !! It’s ok for hedge funds to combine and short squeeze a share combining up to 30 % of all the stocks in issue to take the co down. When gamers combine using less money but way more individuals that’s curtailed by banning them ?????
That cannot be allowed to happen. The whole systems pretence of level playing fields is under scrutiny here.
Like it or not you cannot allow hedge funds to cooperate to squeeze a share and ban small investors from combining to prevent it !! There is no questionnaire when you buy shares ! “ do you want these shares as a gift or are you a meanie trying to hub a hedge fund “ lol gonna be compulsive viewing m.
I'd just short from where it is, it can't continue and will pop in a week or two. Who is going to buy the shares when the market crashes and all of these yuppies are crying because they lost daddies money because of an online forum
Judge-mental
I posted about it this morning but no one took notice.
Not a lot of investors know the impact. European markets were all down
today due the games being played.
Its PIs v Big Companies.
The big companies are so scared, they're clearing out which tanked the US market yesterday and Europe today.
I'm in a discord group. 15,000 members. Not a lot. Some have much more than that. They're targeting companies which shorts have got big stakes in and buying shares at the same time driving the share price up to a % and burn it. The shorts on game shop lost Billions.
Reddit banned! Why, racism, sexism and foul language Lol The main reason is to stop the PIs. In this day and age where you have end to end encryption, i very much doubt they'll stop them. Short will live in fear.
It will all end badly for some but it's been fun to watch.
One of the "kids" saw his shares rise to $50m yesterday. He's just lost $14m in a single day.
He seems to know that as soon as he sells the game is pretty much over for everyone.
https://www.reddit.com/user/deep****ingvalue
The 4 stars rhyme with duck, for anyone interested.