this post was submitted on 24 Feb 2021
0 points (NaN% liked)

Main

15770 readers
17 users here now

THE MAIN RULE: ALL TEXT POSTS MUST CONTAIN "MAIN" OR BE ENTIRELY IMAGES (INLINE OR EMOJI)

(Temporary moratorium on main rule to encourage more posting on main. We reserve the right to arbitrarily enforce it whenever we wish and the right to strike this line and enforce mainposting with zero notification to the users because its funny)

A hexbear.net commainity. Main sure to subscribe to other communities as well. Your feed will become the Lion's Main!

Good comrades mainly sort posts by hot and comments by new!


gun-unity State-by-state guide on maintaining firearm ownership

guaido Domain guide on mutual aid and foodbank resources

smoker-on-the-balcony Tips for looking at financials of non-profits (How to donate amainly)

frothingfash Community-sourced megapost on the main media sources to radicalize libs and chuds with

just-a-theory An Amainzing Organizing Story

feminism Main Source for Feminism for Babies

data-revolutionary Maintaining OpSec / Data Spring Cleaning guide


ussr-cry Remain up to date on what time is it in Moscow

founded 4 years ago
MODERATORS
 

I don't mean to revive the frenzy that was the GME stock fiasco from a month ago, but for folks that have tuned out since then (an understandable thing to do), the saga didn't end after the massive price spike was squashed. Hedge funds involved appear to be shorting and shorting the stock endlessly in an effort to (as far as I can tell) bankrupt Gamestop (this is the only way so far as I can tell that these hedgefunds would escape this situation victoriously). At this point, when this bubble pops, I reckon that this is going to be absolutely catastrophic as the entire market contracts in order to cover the debts that they've incurred by shorting this so much.

you are viewing a single comment's thread
view the rest of the comments