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GameStop Stock Is Tumbling, Exxon Is Rising, and Order Is Restored to the Stock Market
barrons via marketwatch ^ | 2/2/2021 | By Jacob Sonenshine

Posted on 02/02/2021 6:29:54 AM PST by RomanSoldier19

click here to read article


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To: RomanSoldier19

Prisons are usually very peaceful and orderly.


41 posted on 02/02/2021 7:22:47 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: RomanSoldier19

I thought the whole point was to drive it up until the end of last week and then get out after the hedges took the big hit. That’s exactly what is happening. The whole point was to make a point. What am I missing?


42 posted on 02/02/2021 7:22:50 AM PST by ponygirl (An Appeal to Heaven )
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To: BiglyCommentary

Thurston get the silver spoon out of your a$$...


43 posted on 02/02/2021 7:25:04 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: BiglyCommentary

At least trading the silver stocks leaves you with something of value. GME is a sinking company.


44 posted on 02/02/2021 7:28:14 AM PST by Jonny7797
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To: ponygirl

45 posted on 02/02/2021 7:31:55 AM PST by RomanSoldier19 (Game over, man! Game over! ; : rem ad triarios redisse is)
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To: RomanSoldier19

46 posted on 02/02/2021 7:37:57 AM PST by Diogenesis (Si Vis Pacem, Para Bellum)
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To: RomanSoldier19

Well that’s helpful.


47 posted on 02/02/2021 8:23:42 AM PST by ponygirl (An Appeal to Heaven )
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To: backwoods-engineer

When you control what can and can’t be traded you control the market. It’s rigged and a farce and comical to claim it’s capitalism and a free market. Fascism, crony capitalism is a more apt description. The average American is the target and we get screwed time and again by Wall St. the banks and the government. When and if the little guys finally say enough of this and finally blows a gasket I would wager the French Revolution will look like a four year old kids birthday party for the elites.


48 posted on 02/02/2021 8:59:44 AM PST by sarge83
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To: ponygirl

Be careful its an rabbit hole

https://youtu.be/yg3XOqit09Y


49 posted on 02/02/2021 9:04:49 AM PST by RomanSoldier19 (Game over, man! Game over! ; : rem ad triarios redisse is)
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To: RomanSoldier19

The Reddit folks are describing themselves (even if ironically) as apes and retards who are ignorant of market basics. They are still claiming folks should hold and/or buy in, and that the price will hit $1,000 per share.

I feel bad for the individuals who will learn a pricey lesson in market fundamentals and the meaning of “pump and dump”.

The only thing they are lacking is “where we go one we go all”. I’ll tell you where they go to....$10 per share.


50 posted on 02/02/2021 9:08:14 AM PST by jdsteel ("A Republic, Madam, if you can keep it." Sorry Ben, looks like we blew it.)
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To: jdsteel

The markets are a wealth redistribution mechanism, transferring money from the smart and quick, to the dumb and slow.

That being said ... just like in football, on any given Sunday the 0-12 team can beat the reigning Super Ball champs, but don’t bet your rent money on that.


51 posted on 02/02/2021 9:40:34 AM PST by BiglyCommentary
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To: BiglyCommentary

Lol reversed these two.

transferring money from the the dumb and slow, to the smart and quick.


52 posted on 02/02/2021 10:01:08 AM PST by BiglyCommentary
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To: jdsteel
<
53 posted on 02/02/2021 10:25:01 AM PST by RomanSoldier19 (Game over, man! Game over! ; : rem ad triarios redisse is)
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To: RomanSoldier19

I still bought silver last week. Not worried about the drop. I am holding long for the inevitable energy boondoggles from the democrats. And if not... The coins make nice gifts for the nieces and nephews.


54 posted on 02/02/2021 11:13:45 AM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes. )
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To: KarlInOhio
"Imagine how different the end of Trading Places would have been if the head of the exchange came up to the Duke brothers and said "we'll let this slide for a couple of weeks" instead of demanding immediate payment at the end of the day."

Great example. The Dukes would have called the COMEX board and forced them to slow-walk the trades or trigger a circuit breaker. Winthorpe & Valentine probably would have quickly made enough to 'get out' but not enough to retire to St. Croix and not nearly enough to ruin the Dukes.

The Dukes in turn would have called their Democrat friends and had the new trading firm of Winthorpe & Valentine investigated by planting fake dossiers with the FBI.

55 posted on 02/02/2021 11:15:02 AM PST by StAnDeliver (Eric Coomer of Dominion Voting Systems Is The Blue Dress)
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To: Organic Panic

Agree...I’ve got lots of “junk silver” I bought in the Carter years.


56 posted on 02/02/2021 11:15:06 AM PST by nascarnation
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To: BiglyCommentary

Anyone still long GameStop is an idiot.


57 posted on 02/02/2021 11:18:26 AM PST by Fresh Wind (Joe Biden: The best president Chinese money can buy.)
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To: Organic Panic


58 posted on 02/02/2021 11:21:08 AM PST by RomanSoldier19 (Game over, man! Game over! ; : rem ad triarios redisse is)
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To: eyeamok
over at WSB they are still talking up the buy on GME now that it is dropping like a rock.

talk is cheap ... the bagholders are loudest ...

59 posted on 02/02/2021 11:26:00 AM PST by bankwalker (groupthink kills ...)
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To: sarge83
When and if the little guys finally say enough of this and finally blows a gasket I would wager the French Revolution will look like a four year old kids birthday party for the elites.

Yep.

60 posted on 02/02/2021 12:00:22 PM PST by backwoods-engineer (But what do I know? I'm just a backwoods engineer.)
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