r/wallstreetbets caused two equity firms to lose close to $5,000,000,000 after the firms made heavy short positions on GameStop stock. The larger equity firm had to get an emergency $2 billion dollar cash injection today to stay afloat. Gotta love IRL shitposting. - The Donald

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r/wallstreetbets caused two equity firms to lose close to $5,000,000,000 after the firms made heavy short positions on GameStop stock. The larger equity firm had to get an emergency $2 billion dollar cash injection today to stay afloat. Gotta love IRL shitposting. (media.patriots.win)

posted 78 days ago by BidenSniffsLittleKid 78 days ago by BidenSniffsLittleKid +351 / -0

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▲ 19 ▼

– Barbs 19 points 78 days ago +21 / -2

This is hilarious, but the SEC is about to fuck these guys so hard.

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▲ 17 ▼

– TheTrumpDimension 17 points 78 days ago +17 / -0

the sec already has said they wont fuck with wsb normies, at most theyll snoop around looking for insider info. the shorts were public info this has happened before

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▲ 11 ▼

– ThisClaimIsDisputed 11 points 78 days ago +11 / -0

how so?

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▲ 6 ▼

– Yourhearse 6 points 78 days ago +7 / -1

Isn't this manipulation?

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▲ 5 ▼

– DaayTerkErJerbs 5 points 78 days ago +5 / -0

I don't see how. Wallstreet has been smashing the most shorted shocks to screw anyone betting against the market for a decade to keep pushing it higher. Then again there are two sets of rules everyone has to play with so..