It's a good thing. The stock market is totally fixed. The people in control issue counterfeit shares to drive the price of stocks up or down. In GameStop's case, they have sold synthetic shares to drive the price down. Some estimate the fake shares sold to be in the hundreds of millions when only 70 million total shares should exist.
The post above is a step towards correcting the illegal activity. If the hedge funds are forced to buy all the shares they illegally sold, then the $GME stock price skyrockets until they get the shares they need. The seller of the shares determine the price at this point. If everyone HOLDS, the price could make everyone millionaires and some billionaires. It would possibly be the greatest redistribution of wealth in world history while ending the corruption that rigs the stock market.
I don’t know anything about the stock market, is this a good thing?
It's a good thing. The stock market is totally fixed. The people in control issue counterfeit shares to drive the price of stocks up or down. In GameStop's case, they have sold synthetic shares to drive the price down. Some estimate the fake shares sold to be in the hundreds of millions when only 70 million total shares should exist.
The post above is a step towards correcting the illegal activity. If the hedge funds are forced to buy all the shares they illegally sold, then the $GME stock price skyrockets until they get the shares they need. The seller of the shares determine the price at this point. If everyone HOLDS, the price could make everyone millionaires and some billionaires. It would possibly be the greatest redistribution of wealth in world history while ending the corruption that rigs the stock market.
If I wanted to learn more about the GME stocks & learn about the stock market, can you recommend a good site to look into?
https://greatawakening.win/p/12i48hiksK/how-gamestop-happened-naked-shor/c/
Link to a video I cant recommend highly enough. It explains it all in layman terms & is actually entertaining as far as financial analysis goes.
Now I get it & tomorrow Im buying GME :)
Thanks Qanaut :)
https://www.reddit.com/r/GME/comments/lj1wqv/a_comprehensive_compilation_of_all_due_diligence/
https://www.reddit.com/r/Superstonk
https://wsbets.win/
There's only 2 things you need to know:
Any single stock will eventually be $0.
However, index funds will grow on the scale of decades.
If those big index funds go to $0 we have bigger problems than things like money or food.