https://www.reddit.com/r/Superstonk/comments/1791phe/witness_me_my_observations_of_the_superstonk/
Outside of the SCC I have found that many try to "hold the mods accountable" and few know how to do that when a power dynamic is involved, let alone the emotion they bring to that intent. This is noble at face value but the damage from failed attempts is great. There is more of an equal footing within the SCC that allows for calmer and more rational talks for this purpose.
We have many discussions ahead of us, most of which cannot be resolved through walls of text like this. The mods have shown me that they are genuine in their love for the sub but, over time and with enough corrosive intent from trolls and bad actors, that love can be twisted into something it should not resemble. There must be voices to counteract this over time.
It is my belief that many things need to change for our overall community to return to a peaceful and sustainable path and that the road to get those changes is arduous, tedious, and well worth it. We currently have the ability to resolve core differences with relatively little drama. From there we can talk about what we need to see from each other in order to come around on key topics.
We can discuss what information we need to convince outsiders to become insiders to this saga, and how to obtain that critical information. It is my belief we must slowly and carefully expand and support each other in the projects we undertake. We must decentralize while remaining connected both here and in our friend lists.
Nobody is entirely opposed, and few are even partially opposed, to this overall thought process. When approached with reason and humanity everyone is receptive.
lol lmao
The shitheads running that sub won't ever give up power, and even if they did, what happens to all the apes who were banned?
They've been silencing people for nearly 3 years now. That's a lot of people who would need to be unbanned.
Personally, I don't buy the "stand alone complex" crap he's pushing. I resent the leaders of this movement and I will make a point to never have anything to do with them ever again. In the future, anything they stand for I will stand against.
The only reason we're on the same side right now is because I'm invested in the MOASS and I want to get paid.
There is no possibility for us to ever be friends. That bridge was burned when the SS mods chose to act like assholes and silence their supposed "movement" for 3 years straight. They aren't leading this movement, they have just taken it hostage.
There is no MOASS. You are in a cult.
While I do certainly agree there's something to be said for your perspective on terms of "cult," if we're being intellectually honest, the same could be said about "regular" and "normal" investors with respect to the larger Wall Street network and regime and the associated power and propaganda.
"Greed is good!" … "Trickle-down economics, m'boy!" … "Pull yourself up by your bootstraps!!!"
Not a priori bad, per se, but never before in the history of humankind has there been more power and money and influence concentrated in one place as there is now within what we call "Wall Street."
Forget GameStop!!1!
The sheer fact of the matter is if you or someone you know has stock with a broker (e.g. TD Ameritrade, Fidelity, Robinhood, etc …) you do not actually own that stock (see #1 from the TL;DR here for multiple citations, including from the SEC, NASDAQ, and FINRA).
Such lack of knowledge - widespread and unknown to the vast majority of people in the planet, though being fundamentally important to (fair, free market) ownership and investing - speaks volumes about the larger issue and issues the people on this Lemmy instance are interested in.
I'd definitely encourage a more open mind, for what that's worth, respectfully speaking.
are there any other companies out there that, if somebody invests in that company, it necessarily means that they are in a cult, or is it just GameStop?
Only if they expect an infinity pool to happen.
Do I get banned if I link the folding ideas video?found itthe folding ideas video has been posted, more than once actually, so no you would not get banned for posting such a thing.
that video presents a very biased one sided view of the entire story that, conveniently, aligns with the same propaganda put out by incumbent mainstream media: GameStop bad, GameStop investors dumb and delusional and cultists and bad. Forget GameStop. Please don't ever consider the possibility that GameStop is a legitimate investment, because it is not. It's just a meme stock and meme stocks are bad. It's a bad investment because we the media say so, and we know better than you. If you invest in GameStop, you will lose everything. If you invest in GameStop, you are are a fool that deserves everything bad that ever happens to you, because you are bad. Forget GameStop.
my simple question is what credibility does the creator of that video have? why would anyone consider this single random person to be an authority on a very complex and also controversial subject?
Please, just forget about GameStop, ok, idiots?
He isn't appealing to his own authority in the video. He's presenting facts then drawing a conclusion from those facts.
At this point are you (or superstonk/lemmy users) holding Gamestop because of its inherent value as a company or because of the short squeeze?
why not both?
i can't speak for anyone else, but I believe that Ryan Cohen is on a mission to see GameStop succeed, and I'm invested in that mission. GameStop has a ton of potential, if you choose to believe in that, and I do.
As for the short squeeze part: we already saw a glimpse back in January 2021. it was so dramatic that they made a movie and numerous documentaries about it. It only ended because incumbent financial institutions colluded to disable any further purchasing of shares of GME, because if they didn't do that, that episode would have been game over for them. This detail is disputed by the folding ideas guy, but simply put I think he is biased and wrong. But, he would allege that I am biased and wrong. So who is right? I don't know, I guess we will find out.
The fact that Cohen is personally invested in Gamestop was a contributing factor behind why I decided to go all-in on GME instead of cashing out at a loss.
That and the fact that Gamestop isn't in debt, has over a billion cash on hand, is expanding its online storefront and built distribution centers for online sales, and is building a digital games storefront with PLAYR.
They're in a good financial position, have great leadership, and are making all the right decisions.
So why is Gamestop constantly being bashed by the media? Why have all these investor websites who previously didn't bat an eye when retail lost money, suddenly so concerned about my investment in Gamestop?
They aren't half as smart as they think they are. Money has been raining on fools for far too long and it's time the fools lost their money.
It's pretty odd, that's for sure, all the negative sentiment that continually speed forth on a consistent basis.
Yeah, not quite reasonable. I agree.
That's an unfortunate meme andor unreasonable stance a small minority have taken to be absolute truth - and is cherry-picked by others to present something as "truthy," as opposed to truthful.
Just as dumb and culty - and far, far, far more damaging - as an "infinity pool" is "trickle-down economics, son!" and "greed is good!" and "pull yourself up by your bootstraps!"
Along those lines, many people are younger - and desperate. The larger financial system has decimated large swaths of family's livelihoods.
It is a sheer matter of fact that Wall Street is historically and contemporarily known to be habitually criminal in large, large parts.
Furthermore, the amount of power and propaganda available to the network and regime is unparalleled in all of human history.
The odds are that Wall Street was caught with their pants down and are still covering it up - evidenced by much of what's laid out in this low-cost, individual-made website that is well-sourced and clearly laid-out.
So like, at what price point do you plan to sell? Are you expecting the price to shoot up in a squeeze again?
I appreciate your interest, and these are both fair questions. Personally, I don't want to sell, and I do expect a short squeeze. I hope that someone else can reply so you can get another perspective. And even if you don't buy GameStop in particular, we want you to directly own whatever stock that you do buy.
Definitely recommend people learn more about the Direct Registration System. More here as well.
I have no particular price in mind, at this moment.
I'm quite comfortable in my financial status, say, at this moment and am only interested in seeing justice and reform. There are some, frankly, psychopathic and horrible people in leadership positions who would be brought to justice with something like the success of GameStop.
Of course not. It's been posted here before.
It was a silly question, I should have just found that thread.
If you want to think that way, then we are a cult dedicated to bringing about a financial system that works for everyone –– including you 🫂