Exactly, some short sellers are very good at exposing faulty accounting and monetary frauds at the detriment of regular people. Hedge funders and all private equity firms should be abolished in my opinion.
"Nooooooooo, with aren't the peasants being gullible and letting us manipulate and scam them, MOMMY! THEY'RE BEING FINANCIALLY LITERATE AND THEY ARENT LETTING ME SCAM THEM! WAAAAAAH!"
You don’t really know if there is foul play. It could very much be possible that one wall street giant planted this to another wall street giant. Short selling is very common and only fails occasionally so why it happens now?
Do you really think these billionaires haven't seen this coming? What's more likely is Problem-reaction-solution planning. Here come crushing regulations on "non-professionals" and demonization of open info platforms like reddit.
Also netflix documentaries are total crap. What is this lack of vocabulary going around? You gotta own your opinion instead of plugging in socially popular terms to a vague statement. Try a corbett report documentary( not covid related) or Werner Herzog.
Gamestop just needs to be friendlier with giving cash or store credit for second hand games. Even if that's just cutting the price for pre-owned stuff.
Well, not their entire life. I'm old enough to remember when GameStop was like heaven. Angels would sing as I walked in the door. Every kid loved GameStop more than Disney Land.
its exactly how ive been feeling following this for a week lol, absolute insanity, and looking at the actual reddit page just makes it better, there's a fair share of people paying off medical bills and student debt, but mainly idiots spamming "🚀🚀🚀 to the moon!!!" and taking down a goddamn hedge fund at the same time. absolutely fantastic.
So true.. so many people arguing about stupid stuff like Republicans vs Democrats or race when it really just boils down to rich vs poor. Crazy how there are millions of us average people barely getting by being held back by a few rich people. I mean really people with so much money they don't know what to do with it so they go out and buy million dollar jets and $2 million yachts when most of us could live the rest of our life off money like that yet they use it for toys. It's at the point of finally being unacceptable and it's nice to see people finally realizing that and waking up to do something about it.
they might be billionaires, but there's WAY MORE OF US than there are of them. they're actually scared to death of us! why do you think they want to shut up the masses?
we can't focus on the petty things that the media try to force on us, imagine how much more we can accomplish if we work together on a consistent basis
First the funds loose when the price is hyped, then when the smart ones that got in early starts to cash out, a lot of not so smart people that got in later will loose as well. Unless everyone decides to keep their money in what is basically a worthless company, just for the fun of it. Ordinary people are greedy as well and want to cash out, it’s not just the smart money, they’re just better at it.
FYI Blackstone made bank pension funds with long positions like fidelity made bank you aint f the rich criminals mate most rich people have their cas in mutual funds not hedge funds steve get literate man
@@flamos44 a few kids on reddit essentially stole some of the funds out of their pockets. Yeah they have billions of other dollars to make up the difference, but now a few people are richer so 🤷
@C A P I was only commenting on their moral of being good of bad people. Also 80% of millonairs are self made... so there's that. People get money by providing value to society in 98% of cases. That's how a free market capitalist system works.
No its called stupidity congrats you people made black rock rake in billions for every short investor screwed over plenty of evil long ones benefit not to mention good job supporting a company that screwed over its employees lef them to the dogs, screwed over customers, engaged in horrid business practices and was lead by a management only caring about making a quick buck. You supported all these people all it shows is wall street bets redditors are naive idiots who dont get that they are helping the machine not going against it. If you cant see that you are helpless
@@AllyMonsters are you on the wall st. subreddit? didn't anyone mention this in their "discussion" about what company to buy first? typically redditors are very much anti-bullshit, so i'm a little surprised by your comment.
@Dave Blackman that’s the stupidest comment I ever read, there is conservatism Reddit and everything in between! Don’t bullshit unless you know your shit.
But that would be socialism !! ** Seriously now, the US had tight regulation and high taxes before, in the decades after WW2. Economy wise not the worst periode. Guys, you need to overcome your fear of leftwing goverments.
@@kaizen1723 I have the feeling you havent understood my comment. The Answear to your question is the tax payers (normal people). But why do you ask me?
Hell, this is one of the best things to happen in the last 5 years. And hopefully, it will only be the beginning. Let's show Wall Street who is really in charge.
Yes, ever since I learned of the put options that were place on United and American Airlines just before 9/11 it occurred to me that with enough people linked by the internet they could use their collective power to manipulate the stock market through boycotts of corporations and make money at the same time. This is awesome, I'm glad it's starting.
@@kamlasayeen This radar completely ignores reality of finance. Saagar has grown up in the era of enormous stimulus and deficits which has takes financial markets to the moon, where everything has gone up regardless of stock fundamentals. Short selling is a fair mechanism to keep overheated markets and stocks in check. Short sellers have exposed many fraudulent companies throughout history. If a short seller is wrong about a stock, they basically get wiped out.
"Only we are allowed to manipulate the markets. We are billionaires, we deserve this, we are in control. How dare regular people think they can interfere in OUR markets.' There is definitely regulation needed, to reign in these hedge fund billionaires and their market manipulation.
Today, the impact of social media on broad aspects of our society reminds me of the Protestant Reformation - which was enabled by the modern technology of the day - the printing press. What I mean is that majority of Catholics, historically speaking, for a long time - did not know precisely what the Bible actually said because Bibles were expensive and written in Latin. All they knew about the Bible is what the church authorities told them was in the Bible. Because fewer people were involved in the interpretation of the Bible - there was a lot of (false) consensus about how the Bible instructed people to live. However, as the Bible became more affordable, and more importantly - it was printed in a language that many common laypeople could understand - the fabric of society started to fray at the edges. You would think it would be the opposite - since it seems like there’s no way that the ability to read the Bible would lead to bloodshed and war - but that is exactly what happened. The reason for this historical upheaval, in my opinion, is that suddenly people were able to decide for themselves what the Bible was trying to teach them. Suddenly, instead of a (false) consensus - there were many, many different interpretations of the ambiguous passages from the Bible. This greatly divided society as many different teachings appealed to many different people. And, of course, everyone thought that their interpretation of the Bible was the ultimate truth. In other words, society became far more splintered because there was far less consensus (due to divergent teachings) and people were incentivized to only listen to people who were like-minded and part of their 'tribe.' Currently, tribal (partisan) behavior is broadly enabled and encouraged by social media. Today, there’s almost no topic or position on which the social media can’t find a group of like-minded individuals for one to be a part of. Once part of a tribe, tribal war of words ensues. And, of course, everyone thinks their group is the one who is correct on all of the issues. No doubt there were disagreements before. However, before the internet, there were relatively few places for an average working person to get their news. Those older (pre-internet) outlets for news and information (such as the few television stations, before cable TV) were like the priests or the noble class of the past - for the most part - they were the few gatekeepers of information. As such, there used to be more of a (false) consensus about a given topic because relatively few people (mostly with similar incentives) were involved. (My understanding is that it used to be a little easier to discuss or debate the news of the day because at least most people saw similar coverage of a given topic. Now, news, especially on social media - are largely curated to confirm one’s pre-existing biases - because on average, that is what people enjoy, they come back for more, profits follow.) In the past, fringe content and news had a very hard time surviving because it was not nearly as easy to find enough of an audience to turn it in to a viable business. Today however, technology makes it extremely easy to match the fringiest of content to the people who can’t get enough of it - helping make a variety of 'fringe' or uncommon content a worthwhile business. I guess what I’m trying to say is that on a (more local) provincial level - things used to be relatively calm as long as the gatekeepers were in charge of information for the 'unwashed' masses. Given this, things were status-quo and there was a (false, artificial) consensus about how things ought to be done, what is right and wrong, what is good and what is evil. ...To me, it is surprising, unexpected, and seemingly paradoxical that the liberty to access more information, along with the ability to find many more like-minded individuals - can lead to turmoil, division, partisanship, and tribalism - not peace! I’m not sure how to ameliorate the problems above. I do think that teaching critical thinking, including behavioral economics (perhaps in high school) would be very helpful. (I didn’t have the slightest clue about critical thinking even after graduating from high school. I suspect this may still be common.) ...I’m not convinced that banning unwanted information gets rid of it permanently - similar to how the Catholic Church could never get rid of Protestant ideas once people were able to study the Bible for themselves. Today, once more, rightly or wrongly, people are skeptical of the traditional gatekeepers of information - the main stream media - because there are many more alternatives and some of those alternatives are far more palatable and have far better appeal to one’s previously held beliefs and emotions. Digital distribution of information (almost free) is doing to society what the printing press previously has done to our society - greatly reducing the cost of obtaining information, helping us be more informed and educated, but also, unfortunately - more divided in our opinions about this new, abundantly available (sometimes misleading) information.
More of this will occur. The whole thing is crashing and there's nothing that anyone can do to stop it. They (the scum who cry when their rigged game blows up in their face) will not be able to hold onto what they have done, as karma must be repaid ten fold.
@@viktoriajedrzejczyk2619 something she doesn’t makes sense with her monologues or explanations, especially when her argument will favor someone she doesn’t like.
Jump in! Buy GME and hold the line! Be a part of history! Not financial advice! I'm a moron! I'm in it till they collapse! Once margin calls get triggered, the shorts will be FORCED to buy to close their positions which will shoot the price to the moon since they've shorted 140% of available stock. Get in now and make them bleed. It's perfectly legal and more effective than any protest ever will be.
No, unions are organized groups with corruptible heads that screw members. People coming together online without affiliation nor chief can get powerful. Until government makes more regulations that exclude regular people, of course.
It’s securities fraud. The hedgefunds have been “naked” short-selling again just like in 2008, but this time it blew up in their face. Hence the onslaught of demonizing the average trader.
This is a great story and Krystal’s laughing while Sagaar is angry taking is a great dynamic lol. I love their dynamic they both love to watch the elite get screwed but form different points of view.
The power of this idea can't be understated. Because it's true, it's all fake: money, religion, the state. But that doesn't mean those things are not powerful. Shared fictions are the most powerful thing in the world. Once the masses realize they can change the shared fictions for their own benefit a lot of people in the ruling class are going to be in trouble. The missing ingredient has always been the ability of the masses to organize and communicate. Then came the internet...
@@joelruiz6137 free markets are made up. They can’t exist. Without government or community regulation (aka socialism) it can’t be positive voluntary and prevent monopolies. An anti socialist, government regulation idea of Free markets an oxymoronic contradiction in terms. If the same ideal is to be anti monopoly, fraud and voluntarism. Individual Property rights respected and enforced.
@@joelruiz6137 No that would be your conservative bed fellows if you're a maga & someone who believes in the wall ? Which by the way ... the reason we have all these non citizen immigrant workers , is the Free Market . Socialistic regulation is how you would get rid of them , or treat them like real people and not wage slaves.
@@lyssword Honestly I have mixed feelings on Unions-I support them to a extent as history has shown that they help the middle class. That being said I have seen firsthand how it has hurt bussiness( say pushing for minimum wage and the bussiness had to cut people cause they couldn’t afford it)
Carefully Look at the last names of Nasdaq bosses and other financial institutions to get the hint on which Penney pinching tribe of people is out to steal from the American people.
I'm an independent, and don't identify with an ideology per se, but I'd probably fall slightly right of center (by millenial standards-probably somewhat similar to Sagaar). I'm sure we would agree on many things. It's just the Washington elites that want us to constantly fight over our small differences so we never unite against them to demand the big things that we agree on...
I've talked to so many people this week and all last night while we are watching it unfold. I am talking to dudes in their 20s paying for family members surgery cash, paying off student loans, giving to charity.. all to watch Wall Street bleed. It's been glorious and Friday and beyond might be crazy. PS: If you take this as financial advice you are an idiot.
I had the movie A Bugs Life in mind where the grasshoppers squander in the summer to take from the Ants in the fall. Just one ant, ain't no biggie.....but millions? can over run any Hedge
this is the greatest story ever.
I enjoy your rock history videos dude. Keep it up
It's a tie between this and the college admissions scandal.
This is incredible
@@tdaveniii yes
truly. i'm cackling.
Hedge funds calling foulplay is kinda hilarious and ironic.
Exactly, some short sellers are very good at exposing faulty accounting and monetary frauds at the detriment of regular people. Hedge funders and all private equity firms should be abolished in my opinion.
"Nooooooooo, with aren't the peasants being gullible and letting us manipulate and scam them, MOMMY! THEY'RE BEING FINANCIALLY LITERATE AND THEY ARENT LETTING ME SCAM THEM! WAAAAAAH!"
Mark my words there will be legislation if it keeps happening.
@@JJ-nu8qi of course, extraction of money has been the American way for several decages.
You don’t really know if there is foul play. It could very much be possible that one wall street giant planted this to another wall street giant. Short selling is very common and only fails occasionally so why it happens now?
It's not about the money. It's about sending a message.
💯
Haha Word
Damn right!
i send a massage with my money
100%!
“It’s not about the money, it’s about sending a message”
"The message is I hate you"
@@mrbigglezworth42 It's BOTH
Doing gods work, hold
EVERYTHING BURNS!
Ready for Monday. All stock market servers will be at their limit.
They took their $600 stimulus check and decided they didn't want to wait for congress to give the billionaires the next payoff
Delete bill ackman, adena Friedman and everyone running/involved in hedge funds
Can't count on the do-nothing congress. Gotta make your own stimmy check.
These guys got a 3.75 bill bailout then leveraged it to short sell gamestop.
Everything that happens to them at this point is their own fault.
@@mesasone2280
Should be a message for everyone, don't count on government to improve your life.
@Dave Blackman We all should have done it
Reddit: let's beat Wall Street at their own game
Wall Street: I don't like this game anymore
😂😂😂
Taste of their own medicine doesn't taste that good!
This on point comment would give you gold on Reddit. ✊
Gamers RISE!!!!
Lmao
We are witnessing a Netflix documentary in real-time..... and it is absolutely glorious.
Facts we're making history bois
Do you really think these billionaires haven't seen this coming? What's more likely is Problem-reaction-solution planning. Here come crushing regulations on "non-professionals" and demonization of open info platforms like reddit.
The 2020s are a miniseries
FACTS
Also netflix documentaries are total crap. What is this lack of vocabulary going around? You gotta own your opinion instead of plugging in socially popular terms to a vague statement. Try a corbett report documentary( not covid related) or Werner Herzog.
The system is broken and a new generation is not playing by their rules. I’m gonna be 50 and I applaud everyone who participated in this .
God I’m proud of Reddit 🔥🚀 good job lads
I'm not a part, but I can tell you the boys at WSB are good folks with diamond hands
💎🤲
I came here from you channel, nice to see your comment here👍
@@Oblivioun Diamond Hands and DFV Hands. The man was holding the line at $11 Million.
Le Redditarmyaipjdfolrhnj;os
this is probably the best advertisement gamestop has ever had their entire life. lol
They don't even need to be in business to do it. Amazing.
Gamestop just needs to be friendlier with giving cash or store credit for second hand games. Even if that's just cutting the price for pre-owned stuff.
not probably, it is the best advertisement one could dream of. company's value increases in the billions while everyone is talking about it
So weird I saw my local gamestop store that's been in the same location since I was a kid close just last week
Well, not their entire life. I'm old enough to remember when GameStop was like heaven. Angels would sing as I walked in the door. Every kid loved GameStop more than Disney Land.
Kristal’s giggling is the perfect compliment to Saager’s exuberance
its exactly how ive been feeling following this for a week lol, absolute insanity, and looking at the actual reddit page just makes it better, there's a fair share of people paying off medical bills and student debt, but mainly idiots spamming "🚀🚀🚀 to the moon!!!" and taking down a goddamn hedge fund at the same time. absolutely fantastic.
I came here to say this LOL
Perfection Personified!
You can tell they are both enjoying seeing Wall St get screwed. Best entertainment this year!
Agreed...it lightens my heavy heart.
Finally, a corporation that actually tells the whole story and doesn't make short sellers look like the victims.
They are victims to their own overconfidence that their leeching off of a company's losses would not be disturbed.
Every time a billionaire loses billions, an angel gets his wings
And a corona gets it's lime
We just helping them get into heaven.👼
You communist! 😜
Depends on the billionaires, but in this case for sure man...
Nancy Pelosi's hubby probably shat himself.
This is the heartwarming story of the day.
Seeing the rich eat shit for once makes my heart smile. I bought 8 shares this morning and it feels good to be part of this little piece of history.
WE DID IT REDDIT!
For something good this time!
Gonna go stroke one off to a Gamestop logo.
You made the exact comment I was going to make
Delete everyone on wall street immediately 👉😵
Putting this video on repeat so the algorithm shows this Wall Street humiliation to the entire WORLD
Like if you're with me
I said the same thing to myself. Let's RUN IT!
This is the way
YESS I'm doing that right now on multiple tabs
Lets be honest, Google won't let this trend.
@@MacNifty
Sanjar is a genius.
Smart guy!
Wishing I’d bought my son GameStop stock instead of gift cards.
Can't stop. Won't stop. Gamestop. Disclaimer: I'm a foreign power.
Putin want's all the GameStonkz
Da.
Does Canada count?
i am Alpharius
WSB deleted
Saw it coming so puts on WSB
Billionaires getting scared because us little folk are realizing we're more powerful than them when we all work together
So true.. so many people arguing about stupid stuff like Republicans vs Democrats or race when it really just boils down to rich vs poor. Crazy how there are millions of us average people barely getting by being held back by a few rich people. I mean really people with so much money they don't know what to do with it so they go out and buy million dollar jets and $2 million yachts when most of us could live the rest of our life off money like that yet they use it for toys. It's at the point of finally being unacceptable and it's nice to see people finally realizing that and waking up to do something about it.
facts.
they might be billionaires, but there's WAY MORE OF US than there are of them. they're actually scared to death of us! why do you think they want to shut up the masses?
we can't focus on the petty things that the media try to force on us, imagine how much more we can accomplish if we work together on a consistent basis
💯
At least someone's covering this shit correctly.
I hate tucker Carlson and fox, but God damn did he make fun of crybaby hedgefunders over this.
Check out Kyle Kolinski show. He does a good job too.
Timcast irl
@@heavytires8354 I hate CNN and Fox they’re both super biased
These guys are populist right and left
*This man’s passion fuels my sleep deprived brain*
He is quite good. Very into his work.
Thank you for supporting apes
Saagar Enjeti didn't kill himself.
Just in case.
Dark
👀
Jeffrey Epstein killed himself.
William LaGate didn’t kill himself. Just putting it out there.
@@xXevilsmilesXx No, he turned witness. Staged death.
Finally, the 99% are starting to realize the power they have.
That's the best combination of words I've heard in the last 20 years..
Spread it...
Yaaaaasss! Finally
Yep, this is how you occupy Wall St.
@@boggers next city of london
Well done!
Billionaire elites: *wait that is illegal*
WSB degenerates: *the future is now old man*
The Wolves of Wall Street now cry Wolf. Poetic justice!
Hope it will be more stuff like this ;) Beat them at their own game, fair play game ;)
I hope those billionaires sh!t their adult diapers.
First the funds loose when the price is hyped, then when the smart ones that got in early starts to cash out, a lot of not so smart people that got in later will loose as well. Unless everyone decides to keep their money in what is basically a worthless company, just for the fun of it. Ordinary people are greedy as well and want to cash out, it’s not just the smart money, they’re just better at it.
@@spiralmoment what you just said has nothing to do with the topic ;)
All news should be like this! The way they enjoyed this and the passion they put into it is amazing. 🤣
I just saw a guy post in WSB, the other day, that his gains were enough to pay off his remaining student debt. Good for him!!!
@@ki11ukw1k gamestop having a free99 sale when we hit 1k
Only if he cashes out, and if too many people do that the price will plummet back to worthless.
This is the best story I've seen in over a year. F the rich criminals
FYI Blackstone made bank pension funds with long positions like fidelity made bank you aint f the rich criminals mate most rich people have their cas in mutual funds not hedge funds steve get literate man
@@flamos44 a few kids on reddit essentially stole some of the funds out of their pockets. Yeah they have billions of other dollars to make up the difference, but now a few people are richer so 🤷
F criminals, not F the rich.
@C A P hard disagree. Some are bad, some are good people, just like the poor and middle class
@C A P I was only commenting on their moral of being good of bad people. Also 80% of millonairs are self made... so there's that. People get money by providing value to society in 98% of cases. That's how a free market capitalist system works.
"The stock market is just a graph of rich people's feelings" LMAO!!
Best line yet!!!!
🤣😂
😂🤣🤣🤣
So funny! I LITERALLY read your comment at the very second she spoke the line. Made it even better!!!
E Plurtus Unum
5:30 yes, That was the best thing I heard about this. Great reporter.
That's the kinda moment that makes this my favorite news source. Agreed
They just admitted " This is OUR rigged casino, seize them !!"
The essential summation behind all that dialogue
“Stop! You’re kidnapping that which I have rightfully stolen!”
Now that’s what I call “Occupy Wall Street”
Yup!
"We traced the call...it's coming...from INSIDE the StonkMarket"
Tim Pool said the same thing 😂
Yesss!!! 🎉🎉
No its called stupidity congrats you people made black rock rake in billions for every short investor screwed over plenty of evil long ones benefit not to mention good job supporting a company that screwed over its employees lef them to the dogs, screwed over customers, engaged in horrid business practices and was lead by a management only caring about making a quick buck. You supported all these people all it shows is wall street bets redditors are naive idiots who dont get that they are helping the machine not going against it. If you cant see that you are helpless
It’s not about money… its about sending a message. ~ The Joker
Top 5 movies of all time at least for me
The best Joker.
Some people just want to watch the world burn.
I took your little plan and I turned it on itself. -Joker
Perfect 👌
@@spicycrouton8530 nah dude best movie of all time
Wall Street before: It’s the free market, deal with it
Wall Street now: p-p-pwease bail us out daddy guberment🥺
😆 EXACTLY 😆
uncle joe will gladly do so
😘
When did they ever want a free market during lean times? I remember 2008 and TARP.
The elite is like a 5yr old learning to share for the first time. And it is glorious.
Gold
Except it's by force so it's even better!
As a wallStreetBets member who has taken back quite a lot of money from Wall Street, I can confirm Wall Street is in fact dumber than Reddit.
I can confirm that this is true!
I thank you for your service my fellow memelord
You fuckin badass man!
Thank you for your service, Sticking it to a bunch of corporate numpties. I am now following WSB now just for the lols
To the moon 🚀
This whole thing is pretty hilarious.
Yeah the exacs at gamestop are laughing with their billions too.
@@AllyMonsters they are actually planning to make their business relevant again...they really have a second chance and that is pretty cool :-)
@@compteofficiel4112 They treat their employees like shit, so I hope not.
@@AllyMonsters are you on the wall st. subreddit? didn't anyone mention this in their "discussion" about what company to buy first? typically redditors are very much anti-bullshit, so i'm a little surprised by your comment.
It's like a high school bully's reaction when their victim finally figures out how to outsmart them and stand up for themselves.
Very true
The girl laughing in the background is how we all feel on the inside as we see the rich cry about loosing
She's like Tim Dillon's Ben, laughing every so often
losing
Never would’ve thought that Reddit would be the harbingers of the revolution. I’m here for it.
"The revolution has begun" - Korg
Where else could it happen. Reddit has always been undefeated
@@jeffreyg5303 No.
@Dave Blackman that’s the stupidest comment I ever read, there is conservatism Reddit and everything in between! Don’t bullshit unless you know your shit.
@Dave Blackman if you want right wing nut jobs goto 4chan/8chan
All we did was turn the lights on and the cockroaches are running lol
Haaaa!!!
*chefs kiss* analogy
AGREE!
Very true
Whoohooooo......finally :)
Wall Street: This is an injustice! We're losing all our money!
Redditors: I missed the part where that's my problem
"What’s Classy If You’re Rich But Trashy If You’re Poor"
Underrated comment
They told us to "learn a new skill"
Be careful what you wish for...
Bingo.
“Flash crash”. Best term of 2021
"Get into tech." 😂😂 Where's that self assurance we've grown accustomed to?
We learned to code, beeeach!
@@lanzer22 Stephanie Ruhle at msnbc must be crying to her Wall Street friends right now
@@austinpearce5442 I want them all at MSNBC to get fired and be told to learn how to code.
"You find Billionaires losing Billions funny?"
"I do, and I'm tired acting that it's not"
How about another joke, Melvin?
@@four-en-tee They sure know how to fit...The bill hahaha....okay I'll stop :(
You know what would be more funny. Get it... billionaires...yeah? Losing trillions 😂😂😂
Who is honestly acting like it's not funny?
...besides the Billionaires 😂
@John Napier AMC TO THE MOON🚀🚀
“Gains have been privatised, losses socialised” this has to stop!
But that would be socialism !! **
Seriously now, the US had tight regulation and high taxes before, in the decades after WW2. Economy wise not the worst periode. Guys, you need to overcome your fear of leftwing goverments.
@@derPetunientopf a bunch of hedge funds making billions of $ for themselves, but if things go wrong (like in 2008) who picks up the tab?
@@kaizen1723 I have the feeling you havent understood my comment.
The Answear to your question is the tax payers (normal people). But why do you ask me?
@@derPetunientopf sorry bud, didnt spot the sarcasm.. all hyped for the pre-market!
@@kaizen1723 ^^ All good.
If meme stocks are what trigger the revolution, we are truly in a simulation
"Meme officer" is what triggered me into laugh that cannot stop
The revolution will be meme'd?
@@echoeversky they will have no choice but to publish memes in textbooks
I made 2k and got out. It's crazy out there.
Meme's created the Trump presidency now it's attacking the stock market lol at this rate the elites are going to shut down the internet
This is rich, I think everyone agrees this is one of the best things that's happened in 2020/21
Yes! I commented this exact thing on Louis Rossman channel!!
The year is young 🤞
Hell, this is one of the best things to happen in the last 5 years. And hopefully, it will only be the beginning.
Let's show Wall Street who is really in charge.
2020 needed with the return of real Luke skywalkers 2021 began with a beachhead into Wall Street gambling.
Shout out to Krystal giggling through this bit...we can’t hide our joy!
Jump in! Buy GME and hold the line! Be a part of history! Not financial advice! I'm a moron! I'm in it till they collapse!
“Voting with you wallet” taken to the highest levels
"It's all fake, all of it" - Truer words were never spoken.
Saagars best radar in a while. This is just the extension of small dollars, collective action and people power.
Completely agreed. Loved this radar
His eyes were sparkling 😅
Yes, ever since I learned of the put options that were place on United and American Airlines just before 9/11 it occurred to me that with enough people linked by the internet they could use their collective power to manipulate the stock market through boycotts of corporations and make money at the same time. This is awesome, I'm glad it's starting.
Agree - I had just about had enough of their comments which have become more and more biased over the past 3-months.
@@kamlasayeen This radar completely ignores reality of finance. Saagar has grown up in the era of enormous stimulus and deficits which has takes financial markets to the moon, where everything has gone up regardless of stock fundamentals. Short selling is a fair mechanism to keep overheated markets and stocks in check. Short sellers have exposed many fraudulent companies throughout history. If a short seller is wrong about a stock, they basically get wiped out.
Redditors you have restored my faith in the universe.
👏👏👏👏👏👏
Yeah you see , reddit can also make you hate humanity. You win some you lose some
Ditto kiddo!!
Until you realize that r/guro is a thing...
And the internet for now
"It's a big club, and you ain't in it"
George Carlin
WE are the club now.
WE LIKE THE STOCK
WE LIKE THE STOCK
WE LIKE THE STOCK
*populism intensifies*
WE LIKE THE STOCK
WE LIKE THE STOCK
WE LIKE THE STOCK
I like this stock alot
These elites being like 'omg how is this legal this can't be legal omg foreign powers' is hilarious and made my day
I was in stitches over this. It's called the "Hillary Clinton" defense.
Elites: You can't just steal all our money by buying stocks, that's manipulation!
WSB: Haha, hedge fund bankruptcy printer go brrrrrr
@@theflaggeddragon9472 *insert Hillery Clinton gif* Russia
@@PURENT do you watch tim pool? He says that a lot.
FINALLY, A SINGLE PERSON IN THE MEDIA WHO SEES IT AS IT IS. KEEP IT UP BRO.
Lotus Eaters podcast talked about it this morning too
As joker said: "It's not about the money, it's about sending a message."
Message is Money rules the World and is the root of Evil.✌💛🌐
Haha I like it
Sounds like BLM movement.
Blm founded by one of those pigs, and the real victim is the small people from both side.
"Only we are allowed to manipulate the markets. We are billionaires, we deserve this, we are in control. How dare regular people think they can interfere in OUR markets.' There is definitely regulation needed, to reign in these hedge fund billionaires and their market manipulation.
this. I'm all for regulation as long as it applies to EVERYONE, not just everyone besides the richest of the rich
Or we all get involved in the stock market and take advantage of their dumbassery
@@HiTechRedneck we need t9 take it from them make those billionaires homeless
Jump in! Buy GME and hold the line! Be a part of history! Not financial advice! I'm a moron! I'm in it till they collapse!
Today, the impact of social media on broad aspects of our society reminds me of the Protestant Reformation - which was enabled by the modern technology of the day - the printing press.
What I mean is that majority of Catholics, historically speaking, for a long time - did not know precisely what the Bible actually said because Bibles were expensive and written in Latin. All they knew about the Bible is what the church authorities told them was in the Bible. Because fewer people were involved in the interpretation of the Bible - there was a lot of (false) consensus about how the Bible instructed people to live.
However, as the Bible became more affordable, and more importantly - it was printed in a language that many common laypeople could understand - the fabric of society started to fray at the edges. You would think it would be the opposite - since it seems like there’s no way that the ability to read the Bible would lead to bloodshed and war - but that is exactly what happened.
The reason for this historical upheaval, in my opinion, is that suddenly people were able to decide for themselves what the Bible was trying to teach them. Suddenly, instead of a (false) consensus - there were many, many different interpretations of the ambiguous passages from the Bible. This greatly divided society as many different teachings appealed to many different people. And, of course, everyone thought that their interpretation of the Bible was the ultimate truth. In other words, society became far more splintered because there was far less consensus (due to divergent teachings) and people were incentivized to only listen to people who were like-minded and part of their 'tribe.'
Currently, tribal (partisan) behavior is broadly enabled and encouraged by social media. Today, there’s almost no topic or position on which the social media can’t find a group of like-minded individuals for one to be a part of. Once part of a tribe, tribal war of words ensues. And, of course, everyone thinks their group is the one who is correct on all of the issues.
No doubt there were disagreements before. However, before the internet, there were relatively few places for an average working person to get their news. Those older (pre-internet) outlets for news and information (such as the few television stations, before cable TV) were like the priests or the noble class of the past - for the most part - they were the few gatekeepers of information. As such, there used to be more of a (false) consensus about a given topic because relatively few people (mostly with similar incentives) were involved. (My understanding is that it used to be a little easier to discuss or debate the news of the day because at least most people saw similar coverage of a given topic. Now, news, especially on social media - are largely curated to confirm one’s pre-existing biases - because on average, that is what people enjoy, they come back for more, profits follow.) In the past, fringe content and news had a very hard time surviving because it was not nearly as easy to find enough of an audience to turn it in to a viable business. Today however, technology makes it extremely easy to match the fringiest of content to the people who can’t get enough of it - helping make a variety of 'fringe' or uncommon content a worthwhile business.
I guess what I’m trying to say is that on a (more local) provincial level - things used to be relatively calm as long as the gatekeepers were in charge of information for the 'unwashed' masses. Given this, things were status-quo and there was a (false, artificial) consensus about how things ought to be done, what is right and wrong, what is good and what is evil. ...To me, it is surprising, unexpected, and seemingly paradoxical that the liberty to access more information, along with the ability to find many more like-minded individuals - can lead to turmoil, division, partisanship, and tribalism - not peace!
I’m not sure how to ameliorate the problems above. I do think that teaching critical thinking, including behavioral economics (perhaps in high school) would be very helpful. (I didn’t have the slightest clue about critical thinking even after graduating from high school. I suspect this may still be common.)
...I’m not convinced that banning unwanted information gets rid of it permanently - similar to how the Catholic Church could never get rid of Protestant ideas once people were able to study the Bible for themselves. Today, once more, rightly or wrongly, people are skeptical of the traditional gatekeepers of information - the main stream media - because there are many more alternatives and some of those alternatives are far more palatable and have far better appeal to one’s previously held beliefs and emotions.
Digital distribution of information (almost free) is doing to society what the printing press previously has done to our society - greatly reducing the cost of obtaining information, helping us be more informed and educated, but also, unfortunately - more divided in our opinions about this new, abundantly available (sometimes misleading) information.
"Their value is being memed into existence." This. This is a quote to remember right here.
Agreed
What’s the difference between memes and news collusion and coverage? Answer: nothing.
@@aygwm One is of the people and one is of the corporations. That's a _huge_ difference.
@@ashkebora7262 I was referring to the ultimate function of influencing investor actions
We will win the revolution with memes ✊🏻
They got pantsed big time and now they're cracking down with suspiciously convenient "outages", delays, and freezes.
Wall Street to congress: "We're too big to fail!"
Wall Street to retail investors (aka WSB Redditors): "You're too small to succeed!"
“When the rich rob the poor, it’s called business. When the poor fight back, it’s called violence.”
- R2D2
This is worth reposting😂😂!
Yup.
👌
@Accelerationist Red Dead Redemption 2
@@reclusiarchgrimaldus1269 why the 2 after the red? R2D2 is from Star wars lol
"Reddit trolls illegal stock manipulation run by billionaires"
Yeah, sounds about right for 2021
🤫 BUT Oh-💩💩💩💩 ! Wow!
@Lockdown spinning find a list of the most heavily shorted stocks?
This has got be one of the most savage middle fingers ever extended to the financial sector. WELL DONE !
Just hope they dont stop here..
Two diamond fingers!
AMEN !!!!!!!
So satisfying !
More of this will occur. The whole thing is crashing and there's nothing that anyone can do to stop it. They (the scum who cry when their rigged game blows up in their face) will not be able to hold onto what they have done, as karma must be repaid ten fold.
“What’s good for the goose is good for the gander”!!!!!
Saagar's zingers and Krystal's giggling are just the cherries on top of this beautiful segment.
Game on
Pretty far from a cherry
Seriously, her off-screen giggling is absolute perfection
I love how if an average person makes money it's always immoral and illegal
It’s the same when someone they didn’t vet to be president becomes president but seems some people don’t see it
Right like every single thing that is illegal for us is not illegal for our governments nor the elites at very least it’s not even frowned upon.
@@wl415 yeap...we’re all pions to them.
We knew the 1% attitude we know how it will react to revolution... Fearful
I love the fact that Krystal is just giggling like a schoolgirl in the background on this one.
The best news story I've heard in a while!
i prefer to her not speaking.
@@campuschoice469 wtf dude
That made me laugh even more... All we needed was some ad libs off screen while Sagaar presented the story to make it better!!!
I love it too. Power to the main street!
@@viktoriajedrzejczyk2619 something she doesn’t makes sense with her monologues or explanations, especially when her argument will favor someone she doesn’t like.
This is my favorite moment in history so far.
The fact that they used Robin Hood to do this is just the cherry on top. *Chef's Kiss*
poetic justice for sure!
Muah
Jump in! Buy GME and hold the line! Be a part of history! Not financial advice! I'm a moron! I'm in it till they collapse! Once margin calls get triggered, the shorts will be FORCED to buy to close their positions which will shoot the price to the moon since they've shorted 140% of available stock. Get in now and make them bleed. It's perfectly legal and more effective than any protest ever will be.
@@trinsit Well if the Pickle Man is telling me to do it I better do it because I wasted half of my sandwich!
You watch, next week their office will get raided by the SEC.
Perfect example of "together we stand, divided we fall". This is the government and elites biggest fear.
This is exactly what the country needs more of.
Dan Neathery exactly!
Coincidentally, Robinhood, Ameritrade, Etrade and most retail trading platforms, are all experiencing "technical difficulties" today.
All of them? No way the puppet masters are being that transparent in their corruption. That's insane they can't even hide it anymore
Dead ass.....couldn’t log in on my phone. Desktop still works. LES GOOOOOOOOO!!!!!! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
@@ryanhopper2854 Yep, all of them. Nothing surprises me anymore when it comes to the market.
Speculative DDOS attack but again, speculative.
so now is _not_ the time to "do money"?
Billionaires and BigTech: We own you all
Some random Redditors: GOTCHA B!+#%
WE LIKE THE STOCK. WE LIKE THE STOCK 🚀🚀🚀🚀🚀
We like the stock
we like gme! power to the players!
That's why they're so against any unions whatsoever. Collectively we are so much more powerful than they will ever be.
EVER!!!!
No, unions are organized groups with corruptible heads that screw members. People coming together online without affiliation nor chief can get powerful.
Until government makes more regulations that exclude regular people, of course.
Well this is awkward
@@Daniela-pr7rz you must be from Detroit
AMEN, James!
THIS is capitalism at its best! It should have happened decades ago!
This is what a true free market looks like. The elites only want crony capitalism so they can control it.
Amen
It’s securities fraud. The hedgefunds have been “naked” short-selling again just like in 2008, but this time it blew up in their face. Hence the onslaught of demonizing the average trader.
This is arguably Saagar's best radar segment I've seen. Fantastic work!
One of Saagar's best radars ever. He is the perfect person to cover this.
Usually Saagar gets a lot of heat in the comments so it’s nice to see good comments about him for once.
@@jiffylube2636 cause he is a neo con who works/worked with neo con think tanks
It's not about the Money, it's about sending a Message.
Gamers rise up!
LETS GET THIS BREAD
this made me lol
Yup start looking for massive short purchases at low cost per share and FLASHMOB.
Nah it’s about the money too lol
"They thought Trump was the river, but he was really just the dam" - Michael Malice
Billionaires think they are smarter than everyone else, because they are billionaires; and can't fathom being outsmarted.
When the financial elites screw up they get bailed out. When the retail investor screw up they go homeless. It's time for a change.
power to the people!
Saagar is at his best when he's going after wall street
Yes because he's wrong on literally everything else... besides aliens.
@@greenhill004 lol
@@greenhill004 literally
@@greenhill004 opinion different than mine = wrong
And epstein and ghislane maxwell
This is a great story and Krystal’s laughing while Sagaar is angry taking is a great dynamic lol. I love their dynamic they both love to watch the elite get screwed but form different points of view.
Why is everyone ignoring that Melvin Capital was trying to take down a company that is already struggling? How evil
"If it's all fake, then we can meme what we want into existence." - Saagar Enjeti
13:43
The power of this idea can't be understated. Because it's true, it's all fake: money, religion, the state. But that doesn't mean those things are not powerful. Shared fictions are the most powerful thing in the world. Once the masses realize they can change the shared fictions for their own benefit a lot of people in the ruling class are going to be in trouble. The missing ingredient has always been the ability of the masses to organize and communicate. Then came the internet...
Who's Saagar Enjeti
@@mariagaganta4925 haha very funny
Just Kidding 😉❤️ It Your Stuff 😎
Let’s make them pay
Exactly, let’s all speculate, let’s get together and actually FREE THE MARKET. This is how capitalism is suppose to work.
Exactly it’s how a free market economy should work capitalism is a made up word by leftists
@@joelruiz6137 free markets are made up. They can’t exist. Without government or community regulation (aka socialism) it can’t be positive voluntary and prevent monopolies. An anti socialist, government regulation idea of Free markets an oxymoronic contradiction in terms. If the same ideal is to be anti monopoly, fraud and voluntarism. Individual Property rights respected and enforced.
@@joelruiz6137 No that would be your conservative bed fellows if you're a maga & someone who believes in the wall ?
Which by the way ... the reason we have all these non citizen immigrant workers , is the Free Market .
Socialistic regulation is how you would get rid of them , or treat them like real people and not wage slaves.
@@Mk101T You sound dangerous, literally and phyisically.
I am joining WallStreetBets !!
"We had the government print all of this money for us. This just isn't fair, these people aren't even established." ~Wall Street
This has aged incredibly well.
I love how they literally used Robinhood to do this.
That is a special type of irony right there! ❤️❤️❤️
🤣😂
Free stocks babyyy
Listening to Krystal, giggling in the background is everything.
Billionaires: "How dare the peasants play our game." *clutches their pearls*
Clutch their pearls, yachts, stocks, real estate, offshore accts., Exotic rides, drug money, yadda, yadda.
Not to mention they're playing it _better._ God I love the internet, and shitlords!
Billionaires*
@@ndnrb_ I meant to edit that part but eh semantics. Either way elites are clutching their pearls and trying to kick the non elite out of the club.
@@tiffytastic3356 well they can try lol shit is going to go down for real
This is equivalent to the storming of the Bastille.
It's segments like this that make 'Rising' the best political news show going right now - good job y'all! (long time viewer, first time poster here)
That sounds like a GDQ donation.
same here. ive being here since the beginning! I still remember the when krystal and saagar would occasionally respond to the comments section
Shit, I'm getting aroused. At 74, never have, never will play stock market. All rigged by filthy rich elites.
Krystal just giggling in the background while Saagar monologues lol
Love it
I think Krystal is way more cynical than saagar so she sees a lot of his takes as amusing rather than taking em seriously
giggling in the background during the interview clip too! @7:59
shes pretty nice looking too i like her
@@mintistic7972 Yeah she is, too bad she's a feminist though! Sh'e made it clear before.
Saagar is FERAL about this story and I LOVE IT. GET 'EM SAAGAR
@@lyssword how? Cause he has his own thoughts and doesn’t fall in your narrative?
@@lyssword Honestly I have mixed feelings on Unions-I support them to a extent as history has shown that they help the middle class. That being said I have seen firsthand how it has hurt bussiness( say pushing for minimum wage and the bussiness had to cut people cause they couldn’t afford it)
Hedgefunders: "What's going on here?"
Redditors: "BREAKFAST"
Carefully Look at the last names of Nasdaq bosses and other financial institutions to get the hint on which Penney pinching tribe of people is out to steal from the American people.
This is just breakfast, wonder how dinner will taste like haahha
😂😂😂😂😂😂
Saagar is becoming one of my favorite commentators. Didn't expect that since I am an independent progressive.
Same. It's nice to find some things to agree on, even if it's not everything
I'm an independent, and don't identify with an ideology per se, but I'd probably fall slightly right of center (by millenial standards-probably somewhat similar to Sagaar). I'm sure we would agree on many things. It's just the Washington elites that want us to constantly fight over our small differences so we never unite against them to demand the big things that we agree on...
Love him!
Same
He is a neocon in populist clothing. Don't fall for it. Look at the think tanks he worked with.
I really hope this blows up, this is a story of people being empowered and of course it makes the elites scared. I hope this is the future.
I've talked to so many people this week and all last night while we are watching it unfold. I am talking to dudes in their 20s paying for family members surgery cash, paying off student loans, giving to charity.. all to watch Wall Street bleed. It's been glorious and Friday and beyond might be crazy.
PS: If you take this as financial advice you are an idiot.
I am not a spiteful millenial, I'm an inspired Gen X er, and this inspired me to buy a few shares in solidarity. Team populist!
Me to, i'm proud of our little autistic gamer kids bring the system to their knees!
HOLD THE LINE
You don't even know how happy they made me feel. I'm going to buy some shares too. 🤣
Gen x here also.
Time to bring them to their knees.
Gen X! Fkin WOOOOOO
This reminds me of the movie “Trading Places” where they bet for one dollar
I had the movie A Bugs Life in mind where the grasshoppers squander in the summer to take from the Ants in the fall. Just one ant, ain't no biggie.....but millions? can over run any Hedge