This is the real way to Occupy Wall St! Instead of protesting, we beat them at their own game

Agreed. With tomorrow's paycheck I will be buying as much GME as $1300-1400 will get me, and I'm not selling until I believe the artificial risk to Gamestop the company is gone. Here are my reasons, which do not constitute advice. Everyone here has their own reasons.

These funds have used short selling, which you all understand by now, to destroy legitimate companies. The companies were struggling, sure, but absent this completely exclusive and artificial burden put on them by shorts and other unessential instruments, they deserved to exist. Commerce, the kind where you help each other make a living, is good. Predatory capitalists destroy this system by, among other things, extracting wealth from companies employing normal people and then, say, blaming it on Amazon.

Gamestop employs people in my neighborhood, in a pandemic, at a time when the government has not helped them survive a widespread human tragedy. It deserves to exist. It doesn't deserve to grow infinitely, but it deserves to exist. It would have an easier time raising money if it were able to communicate its true worth. But these hedge funds smell blood, like they did in the housing market 13 years ago. They knew, and still know, that they could get away with extracting wealth from the little people. And no one did a fucking thing to stop them. Our representatives, whose relationships to wall street we can't track, then gave financial institutions our own money to help them survive, after their greed almost took the bottom (you and me, and our parents) out of the US economy. They were rewarded with more of our money for having gambled our future without our consent.

There is no way to make institutional capital change its behavior, which we are making VERY clear to the world, except with regulation, and by organizing our own capital in opposition. If you hold GME until these hedge funds are bankrupt, you'll be accomplishing both, and also creating a massive redistribution of wealth away from the greed monsters who look at your neighborhood and only see things to destroy.

You're doing more damage through this private taxation than any protest has dreamed of so far. Do you think in-person protests have ever taken the budgets of multiple US states away from private companies? When people say to get at the real owners, this is it. So, when they're scrambling next week, next month, to finally purchase some GME and stave off bankruptcy, I will not sell.

But mostly I just like the stock.

/r/wallstreetbets Thread