Someone has a screenshot of a sell limit order that was completed at like $5300 or something. They could've faked it, but it they didn't, it certainly looks like prices have been extremely high at least for short periods of time. I feel bad for whoever took the other side of that market buy (use limits folks,…

Puts (options) expire but shorts don't. The only limit on a short is how long they can keep paying interest and how high the price can go before they get margin called and can't cover it.

How did you possibly manage to make a list of best 2 player board games without Spirit Island? Nonsense.

How did you possibly manage to make a list of best 2 player board games without Spirit Island? Nonsense.

If you actually check, there's tons of them who have gigantic positions and are holding still. The squeeze hasn't really happened yet. Yes, someone is gonna do some bag holding, but there's so much retail interest I'm not sure it's gonna crash.

They’re certainly edgelords and assholes, and a lot of them are definitely relatively wealthy day traders making huge bets ($50k+ on risky options and stuff).

It’s the most internet thing to ever happen on the internet. A bunch of half genius half moron pretend edgelords on Reddit started the revolution, and in the meantime made oodles of money. Like, what the actual fuck.

I guess setting up the phone number definitely takes it from meme to voter suppression fraud, I wasn’t thinking about that part.

For sure. And do you trust the 80 year old judge on the court to understand your third level meta meme well enough to get that it's satire?

Not entirely sure how to feel about this, honestly. It was clearly coordinated and on purpose. At the same time, he hardly forced anyone to do anything, he had no official backing that would lead you to trust him (like a local election official or something), he’s just a dude on Twitter.

Taking the advice of WSB 99/100 is a terrible idea, but you can get a feel for things by reading what they’re talking about. And in this, at least so far, a ton of people have made a ton of money. I do worry about the folks selling everything they have to get in at $350 and stuff, but if the squeeze continues, as it…

It used to be, a TON of the people in lately are not exactly sophisticated, nor rich. Tons of the positions are $1000 or less.

Yeah, it wasn’t based on fundamentals but it wasn’t random either. It was a long, long time in the making. The guys really in the money are the ones who were long months or years ago and saw the writing. The dude who turned $50k into like $35M (and likely to keep climbing) had a serious long play, saw the short,…

Donate it to a good place, like Green Drop or something.

InfoSec folks are just loading up Visual Studio projects and compiling them and stuff outside of a sandbox? That’s bonkers. Or maybe I’m misunderstanding the threat here.

Not only did short sellers end up in a war with Reddit. They’re fucking losing, badly. There’s a good chance multiple hedge funds are going to go out of business and wipe out billions of dollars of rich people’s money because they lost to a bunch of crazy guys from Reddit.

The $GME thing has just been absolutely wild. I don’t have a position, but it’s certainly been fun following it.

Republicans will not hesitate a millisecond to get rid of the filibuster (for stuff they haven’t already gotten rid of it for) as soon as it benefits them.

You could've just covered this with "never tweet" but I guess that's probably not long enough for your editors.

Reddit is so big I wouldn’t bother drawing much of a conclusion about redditors at all, beyond that they have internet access. I certainly wouldn’t expect any sort of ideological consistency among them, that doesn’t even make sense.

I’ve seen (I wish I was exaggerating) like 100 different Bernie memes this week on various platforms (mostly Reddit) and I don't think a single one was misogynistic. I feel like I'm taking crazy pills. A Democrat is in office for like 6 seconds and we're already all at each other's throats about complete nonsense.