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Getting a new phone today, might never be able to see you fine folks again. If that's the case, and this is goodbye, I just want you all to know that I'm truly happy to have known you all, and that the many years I've spent in this community will always be fondly remembered. EDIT: Still works. I'll be here for a while yet, thankfully.
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Someone explained this to me in really blunt terms. Basically, rich fvcks were borrowing money to buy and immediately sell GameStop stock, knowing it would go down in value, and knowing that buyers would see the decline and sell back ASAP at the lower price. Rich fvcks would buy back at the lower price, return the borrowed money, and pocket the difference between the price they bought it and the price they sold it (if this sounds like a scummy tactic that keeps the priveledged rich with minimal effort on their part, that's because it is). What r/WSB did was buy the stocks, then refuse to sell back. Due to the rich fvcks needing the money back because they spent money that wasn't theirs (that thing rich fvcks tell poor fvcks NOT to do because it's irresponsible, go figure) as well as the sheer quantity of people buying, GameStop stock shot up. Now said rich fvcks are fvcked. A small victory in the grand scheme, but a victory nonetheless.
*one moment later* “stocks explained for the extremely mentally degenerate”