this post was submitted on 21 Feb 2024
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chapotraphouse
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No anti-nautilism posts. See: Eco-fascism Primer
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Dunk posts in general go in the_dunk_tank, not here
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There was manipulation on both ends. But the initial squeeze was a very deliberately orchestrated attempt by a few major holding firms - Fidelity, Blackrock, and Vanguard most notably - to inflate a bubble and organize a graceful exit from their long GME position.
Because their parent company, Citadel, realized these other firms were fucking them with their own app.
But by then most of the damage had been done and the major stock holders had re-positioned themselves. A bunch of retail investors got caught with some of the bag, but they were incidental in the clash of industry titans.
Anyone who points to a shift on the order of several hundred million dollars in a matter of days and says "Organic" is a sucker.
It’s hilarious how wrong all your takes are across the board. You are repeating the narrative of wall street executives and the WSJ. Are you a child?
Enjoy your time in the casino.
I don’t invest or gamble whatsoever. You are just confidentially factually incorrect quite often and it’s annoying
Right back at you dude, don’t you have any more dogshit takes on ASoIaF to confidently spout despite never having read the books? This is how you are on every subject