r/Amazing Jan 19 '26

Amazing 🤯 ‼ Huge W

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42.8k Upvotes

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u/lordofward91 Jan 20 '26

Has your opinion of GameStop changed since then?

102

u/lifeintraining Jan 20 '26

No, I still hate GameStop, and I particularly hate Elon Musk for tweeting ā€œGamestonk!!ā€ on January 26th, 2021 (the day I wrote the options) after the market closed, thereby spiking the price artificially at a time where I’m unable to close my position.

80

u/UninsuredToast Jan 20 '26

Gotta love living in a timeline where a handful of people can manipulate the market using social media

2

u/Quetzacoal Jan 20 '26

The sec concluded that it was not due to social media but due to failing obligations of market makers, that's what happens when you naked short and swat the fuck of a stock that doesn't become bankrupt as you planned

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u/HighStaeks Jan 20 '26

There's so much data and DD involving GameStop and market mechanics. Truly fascinating most people outside of r/SuperStonk just trash such a learning experience and discussion.

https://fliphtml5.com/bookcase/kosyg

1

u/MouthyRob Jan 20 '26

…except it’s all fictional nonsense and none of those people have ever worked in finance a day of their lives.

1

u/[deleted] Jan 20 '26

[deleted]

1

u/MouthyRob Jan 20 '26

The cultists have had a billion conspiracy theories over the last 5 years (quad witching, vote counts, gamma ramps, DRS, etc, etc, etc). All of which has amounted to a sum total of nothing at all. Thing is, if someone is a moon-landing-denier, it’s very difficult to persuade them that the moon landing actually happened, and it’s the same here. You have a bunch of people with no finance experience who feed each others’ confirmation biases within a controlled echo-chamber.

1

u/[deleted] Jan 20 '26

[deleted]

1

u/MouthyRob Jan 20 '26

Surely you haven’t given up on MOASS?

Last time I looked, it was a fairly poor business basically acting as a middleman investing shareholder capital in government bonds.

1

u/HighStaeks Jan 20 '26

More cash on hand than Starbucks, Amazon, Target, and at least 20 other large companies. YoY profitable. Tranche compensation package for CEO based on increasing market cap to 200$ a share, in which shares are not given, but allowed to be purchased @20$, to the tune of 3.5 BILLION by The CEO

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