Poorly written Bloomberg blog has no idea what is fueling "gambling" behavior 🤔

[@nothim1850]

Everytime I see this cuomo vid... I'm reminded his job isn't essential

[@clownworldhereticmyron1018]

I love the woman who asked the question's reaction. Speechless. I mean, what can one say in response to such stupidity and blatant disregard for the struggles of others? It's depressing. Hope she's doing alright.

[@thesuperdingos]

When they make billions in shorting stocks weekly = *just the norm, no big deal. It’s what they do.* When regular people figure out the same strategy = *just greedy people who are gambling and the stock market is gambling.*

[@Lishkabro]

Exactly 💯

[@sadface7457]

Gambling is a good option when nothing and next-to-nothing have the same prospects.

[@mariokarter13]

The people complaining about "gambling behavior" likely have never set foot in a casino. Casinos generally don't let you bet money you don't have, but on Wall Street that's business as usual.

[@molagbal5313]

@Ross Kuehl "...It's just a strategy to go after wealthy people." -Some old out of touch fuktard

[@molagbal5313]

Never forget to the ancient, out of touche joooobaaaah jooohhhhhhooo crying because they are getting played with their own system.

[@jamesmerone]

After we're done bleeding out Melvin Capital, we'll think about sending them a $600 stimmy.

[@jeremyroastscoffee2495]

But not until we argue about whether it's really necessary for 9 months

[@jamesmerone]

@@jeremyroastscoffee2495 We gotta make sure they can't work either. They can't work, but we'll still make them pay taxes and bills while their unemployed.

[@StopCopCity1312]

"After 9 months, we have come to the conclusion that... NO." "We'll be donating it to organizations that promote peace instead." Every billionaire: "NooOoOooO...!"

[@thepassionate3335]

Yep for them to understand true justice they have to serve through justice first. We have had to serve long enough let us have the ability to play the same game. Ive never recieved either stimulus and have made less than $9,000 last year business hurt because of the "social distancing" 😒. I want them to have to struggle like i have every day while they have made more and more as the year went on. I am sure they will be fine with all the money they stole.

[@sandakureva]

How about a $40 door dash coupon instead?

[@rossmanngroup]

To be clear I am not saying that they don't make good points about it being a bad idea to YOLO all of your money into an _actual_ meme stock. I am just tired of the one dimensional, cookie cutter blogger style reporting that is becoming so much more pervasive even on paid outlets. For $40/mo, I demand better. My videos suck but at least they're free!

[@seamon9732]

@Norberto Soares Is that reality? Edit: FML, it is -_- *facepalm*

[@scurvofpcp]

Hey man, you sucking is what we like best about you! But seriously you do good stuff. Yeah you do some opinion stuff but jfc at least it has some depth.

[@imachangedname2978]

@Norberto Soares Well of course they're good guys, they're their boss for the next week lol

[@andrescrux]

Louis gotta question,well 2,if everybody goessell do you think they $ will b there to pay? N just ask bcuz as a PR from Bklyn I'm always paranoid🤣but if a reg person holds tons of shares n then starts to tell everyone else hey this is the best buy like me n then sells his holdings as others r left holding for loss,would or could that b consider manipulating?

[@deekdouglas3055]

Thank you for never locking me out of the invaluable information you provide by keeping it behind a pay wall. I've watched you for years and you could have milked me for all my worth by now 😂 P.S. I'm still waiting for the compilation video of you being a shill for 10 hours straight. If someone with editing skills could hook a brother up I'd be more than grateful ♥️

[@BlackFoxInc]

Anybody who starts a sentence with "mostly young men" as something negative is to be dismissed instantly.

[@bombero3368]

They claim ignorance and come across as delusional, but they know exactly how and why this happened. They just don’t want the common people playing and beating them at their own game.

[@theonlyconstantischange123]

Exactly, gaslighting and playing stupid is their #1 move

[@jamesmorton7881]

STEALING from the 99%

[@bradziegler2655]

In my humble opinion this was a planned event.yes ,some people who weren’t in on it made some money, and some hedge funds lost money, but I believe this is about something bigger. Financial reset that can be blamed on stupid speculative investors, introduction of national crypto currencies, financial regulatory changes? I don’t know, but I can feel that it is about something bigger in my gut.

[@FreedomFox1]

This isn’t even their chief means of stealing from the 99%, is macroeconomic. The moment the pandemic hit, Trump and Congress bailed out Wall Street... since then, billionaire net worth is up over 20%. Even if you don’t pay taxes, you pay for that concentration of wealth through inflation, depressed growth and the bursting of the inevitable bubble. This is the largest upwards redistribution of wealth since the last bailout. And let’s not forget that small businesses have been destroyed by our pandemic response. And unless you’re in the top 10% of income earners, you’re lucky to even have a job.

[@TechyBen]

@@bradziegler2655 Possibly to force a ban on small traders?

[@totalutternutter]

"When you live in a cardboard box, the whole world is your bathroom"- a comment i read on WSB that made laugh, maybe not as in depth as a bloomberg article but definitely more optimistic

[@ChefVal1]

I literally have 30+ tabs open because I can't keep up with all the posts and videos surrounding GME from folks like Louis, Tom Nash, Meet Kevin etc.!! Keep up the great coverage guys, never been so proud of people coming together on this issue. 🚀🚀🚀GME!!!

[@Afroasssasssin]

Same, lots of good info coming out that's reinforcing the diamond hands. See you at the moon!

[@ChefVal1]

@@Afroasssasssin To the Moon is also one of my fave games! Coincidence? I think not 🤨. See you there dude ✌️

[@ChefVal1]

@@stuarteastman5623 I'm waiting for Elon to make his own crypto so he can become the absolute overlord of planet Earth 🌍 !

[@BillAnt]

Only 30??? Pffff! At least 300 tabs among 10 windows, I'm really pushing my Windows machine to its limit. lol Virgin Galactic's $SPCE ain't too shabby either at around 100% up in 1-month.

[@danieldaniels7571]

I hope one of them is r/wallstreetbets

[@MichaelPaloma5331]

They just don't want to admit that instead of Zuccotti Park, people are Occupying from within the system, and it scares the sh*t out of them.

[@ThatGuy-zx8kw]

Reckless is having a naked short of more than 100% of a companies available stock.

[@jajupa78]

141%

[@NB-yu4lj]

That’s so shady

[@probabilitydistribution393]

If I lend a share of company A from a broker, assuming there is only 1 share of A on the entire market, because I want to short it (but I don't sell it) and then I lend it to you because you want to short it, the short interest is 200% because it was "shorted" 2 times and only 1 share is available. This is possible without naked shorting. It's mind boggling how people accuse "foul play" without knowing the intricacies of the game. Is it possible that some of the shorts were naked shorted? Absolutely! Is it the only factor at play? Absolutely not! The hedge funds were complete morons for doing this and I don't defend them but accusing them of fraud when there is no evidence of wrong doing is intellectually dishonest. Short interest has no correlation with the number of naked shorting instances.

[@aygwm]

How is that even possible

[@coletonparks8324]

Not only more than the available stock, its 400% of the float. Absolutely hilarious.

[@Falloutx360a]

I’m learning that “internet” or “gamer” types of people will be disrespected regardless of what they do or how they make their money.

[@timw4432]

A large portion of is WSB boys are xennials with well paying careers in management. They play it like it's a bunch of 17 year old Anarchists. Squeeze. Til. Squozed. 💎👐

[@randgrithr7387]

Truly the most oppressed demographic. Gamers rise up! ✊📈

[@TremereTT]

@@timw4432 I'm not from WSB...but just because you are old doesn't mean you didn't grow up using computers and the different itterations of social media ...or forums. The reason why "Ok, boomer" works as an offense is, that beeing a boomer is actually unrelated to beeing up-to-date. Influx of zoomers to online communities gradually changed and their members regardless of age did actively take part. It's not about zoomers and boomers it's more about beeing a kind of online comunity afin and mentally agile person.

[@Deadfireflys]

they want you watching the tv, or else on facebook, and doing what you are told. anyone disagreeing or contesting something from the priest caste (mass media) will be branded a heretic and persecuted.

[@Adam-qs5ir]

Yeah, we're just basement dwelling mouth breathers to the npcs.

[@Bruh-ob9mi]

Honestly, the media doesn’t seem to understand what’s going on with GME at all.

[@BJizzle1321]

Like most subjects lol

[@mestanmi]

Oh they get it, don't worry. They just want us not to understand

[@royy_obs8439]

Oh don’t underestimate them, they know exactly what’s going on. They’re job is to make the little guy look like the bad guys.

[@jameskim1505]

They do but not allowed to show it to the public

[@gbxmusicchannel3836]

OFC they do, it's the reddit nerds who are clueless and media just lies. Other hedgefunds went long to cus (140%) and the real losers will be the redditers buying $3 dollar stock at $3-500+. If they really wanted to change something they would to into metals like gold and silver and they started to talk about it. But as buying metals is a real threat to the banks they will ofc be canceled from the internet if they don't stop.

[@Subjagator]

I find it funny that the same people who will vehemently defend EA's lootboxes in childrens games as not gambling will push just as hard to convince everyone that this is all due to the participants addiction to gambling.

[@ethanstump]

There not angry at people gambling, there angry that people are winning at gambling.

[@cazomsdragons2625]

Quite the double standard, huh? Gotta love that kind of rationale and logic, it's perfect for manufacturing lynch mobs.

[@roadent217]

Ehh... I dunno... "The People" "praise" the free market for allowing them to buy and hold stocks to screw over the hedge funds, getting pissy when regulations seek to bail out the rich. But "The People" also hate PS5 scalpers with a passion, want to waste their time or burglarize them or inflict violence upon them, complain that scalpers introduce "artificial scarcity" and sell consoles "above market price", and demand that lawmakers or online stores implement Soviet style rationing (allow the buying of only 1 console per household) or price fixing schemes.

[@Frenchdefense9404]

​@@roadent217Why should the rich be bailed out you d(i)sgusting skumbag?

[@wccrow7413]

Angry man reads Bloomberg, realizes the media is shit. Based af

[@sadface7457]

The only you need to know is dont trust the media

[@ShenasRI]

Biased not based.

[@sadface7457]

@@ShenasRI Everyone is biased some baises are based.

[@hermanrobak1285]

Yeah. However, I feel an urge to tell Louis to *not* interrupt Bloomberg while they are making a mistake. (I'm paraphrasing Napoleon, FYI.)

[@WanderTheNomad]

That's not exactly what he said at the end of the video, but it's understandable since you commented it before you finished watching the video.

[@ummerfarooq5383]

Throwing money at GameStop is not like gambling, it's more like what they do in a strip club, throwing money to the stripper.

[@khaeugriefshade6456]

Haha, thank you for the laugh.

[@FatherPhi]

I just rly like this stock

[@TheZeusIsHere1]

🚀🚀

[@Eyetrauma]

👏 we 👏 like 👏 the 👏 stock 👏

[@MorryOnTheFence]

🍌🦍 Monke hold banana. No sell.

[@LeSyd1984]

You've spelled stonks wrong I believe. :)

[@lovelywalks4270]

Who doesnt love walking dead?

[@Nigel222]

I've got hooked on this guys videos in the last week.

[@meisterproper8304]

Same, now I'm watching all his old videos on NYC real estate

[@bricknasty7080]

Same dog

[@waaaaaaah5135]

Louis has great videos, make sure in particular to pay attention to the right to repair videos

[@brunodosreis]

“mostly men” is the equivalent of mentioning “no civilians” to justify dropping a bomb somewhere

[@sickofitall8486]

I find it funny talking heads on TV complain about people targeting a stock... No kidding. Isn’t every informed investment targeted in some manner? I guess it’s lost on them that people on Reddit “targeting” a stock is tantamount to Motley Fool urging its readers to target certain stocks.

[@sourgummiescureyourpain4555]

'10 stocks you should buy and gme is not one of them' 🙄

[@tardvandecluntproductions1278]

Reddit should band together and put all the money together as a hedgefund and go into the stocks with that. That makes it fine somehow.

[@WayStedYou]

They literally have entire TV shows about what shares to target lmao.

[@Quantris]

"Bloomberg blog" It's digital so it's not even usable as toilet paper. Sad.

[@MongooseTacticool]

"hahahaha money printer go brrrrrrrrrrrrrrrrrrrr"- The Fed. Wallstreet *knew* they'd be bailed out.

[@cyruslupercal9493]

Ofc. They are insiders. They get notified in advanced how much will be printed and were will it be injected in.

[@yeahrightgetreal]

Isn't a large percentage of our paper money printed in the past year?

[@fashiharz8584]

@@jellyfishi_ who is this they person you're talking about

[@kavky]

@@fashiharz8584 bankers

[@MrShaunG]

Not only “men” Louis. They love to use the word “millennial” in a derogatory manner also

[@avalanche1990]

Sad really they also seem to get "millennial" age group wrong too. I am a millennial and the derogatory usage of it has gone past offensive to just plain sad

[@clownworldhereticmyron1018]

Now that millennials are aging up, I think they'll be targeting gen Z (zoomers? whats the common slang for them?) more

[@Sam_on_YouTube]

A lot of the financial mediania missing that, while those who are getting in late or holding on long ARE facing a big risk and most will lose most of the money they are putting in, THEY KNOW THAT. People are openly claiming to ride it to the bitter end. They are willing to risk losing some amount of money to screw over the hedge funds. Some will get rich on the way down, but many will lose a ton of money, especially the ones who jumped on the bandwagon late. But they are doing that fully aware of all the facts. They are not gambling. They are paying for revenge.

[@justmyopinion4101]

also if GameStop plays it smart and issues 20m shares @ $400 they can restructure and buy steam or epic game store with the cash injection which would make them a good long term investment ;)

[@Sam_on_YouTube]

@@justmyopinion4101 I was wondering about that. I don't know enough about issuing new shares from an existing public company, but if there's a way they can save jobs longer term, that'd be great. If not, if they can at least capitalize well enough that their fundamentals make them more valuable than the short bets and make it so those losing money in the crash at least lose a little less, that would be good. They are still a corproation though. Even if they get more cash, I don't really expect them to save jobs. They're more likely to close stores and try to become an online marketplace.

[@omegaPhix]

@@justmyopinion4101 20m @ 400$ wouldn't be close to enough to buy Steam or Epic.

[@jonkim859]

This movement has grown huge in the internet but many people still use these articles as news. We cannot let them twist who we are and why we are doing this. Give this video likes for the algorithm and lets get this guy on news networks. Spread this shit on every social media you have.

[@fuckgoogleforever]

DID BLOOMBERG JUST ASSUME MY GENDER?

[@dlwatib]

Yes, they did. They assumed that women would never talk shit to each other, call others retards or smoothbrains or refer to themselves as such. Bullsh!t.

[@BigDawgRey95]

Absolutely BS. I identify as a r*ta*d, not a young man smh

[@somethinglikethat2176]

Bloomberg assumed a lot in that opinion piece and got more wrong than right as a result. They are trying to create a narrative that it's retail investors fault so they can get them banned from their racket.

[@sallystarn6011]

😂😂😂

[@zoiddbzyugi]

Who would have thought, that a tech repair guy would have/share such words of wisdom. I would love to have you as a guest speaker at any event. Just incredible.

[@dominikbanaszczyk2918]

Hold the line! Greetings from Poland. PS: And They said this generation is lost, LOL.

[@cheesesniper473]

They were never lost, they just had to find their own way.

[@han3wmanwukong125]

We were not lost...we were mislead. Now we're taking the fight to them.

[@reinbeers5322]

We weren't lost, just had to take the scenic route.

[@o9rgeronimo979]

@@han3wmanwukong125 yes you were gravely misslead.some by well meaning parents who only wanted the best for you.so they insisted you go to collage.but was taught nothing.a failed education system from grade school to collage.the professor who taught you to hate is responsible.but hey, I made many mistakes,but it's the only way I can learn .I am impressed with the way you guys are sticking together.one rule I really follow is I judge each person on only what I know of them ,not what others say about them

[@han3wmanwukong125]

@@o9rgeronimo979 well, not me. I went to college for hard science so im doing great. No lesbian dance theory for me.

[@ATTJ7628]

"House makes more than I do in a year" Sad thing is housing used to be so cheap, you could own a home with one income in the 50s, can't do that no more.

[@Sulcuryalt_Inone]

I seen a place mat at a restaurant about a year ago with the financial figures needed to buy a house from the 50's until now and it's actually quite mind-blowing how much more easily a house could be paid for. From what I remember they were so cheap that people could probably have it paid off within a year or so as well. At least that's how it seemed with me just thinking about it for a second. Yes, it was indeed saddening.

[@TheJunky228]

@@Sulcuryalt_Inone that's why these older people who already have everything think that we are being lazy or dumb and not working towards trying to get a house, pay for our car, etc. Shit expensive, because they made it expensive! They climbed up the ladder, and decided to pull it up after themselves, yelling down at us for not being able to jump high enough to reach where they are.

[@andremagalhaes352]

It´s not gambling when I know that entering early they will have to pay me Huge amounts of money. The Hedgefunds are the only ones gambling by naked shorting.

[@CrypticHashing]

"My videos suck, but at least they are free" That's why I trust more people on reddit and internet people more than media outlets.

[@boycottwarhammer6016]

I just like the look of the logo; the font and colouring are really nice. for these aesthetics, I intend to purchase a share at the opening tomorrow.

[@thinlineofsanity1035]

Exactly! As a 38 yr old woman I pick my stock like I pick the winning team - by who has the best looking quarterback, or the best looking jersey's!! How dare they call that gambling! 🤣😂🤣

[@r0mpastompa]

@Louis Rossmann I still love your repair videos and have also ordered a few things from your site. I also loved you real-estate videos and watched all of them, but your financial videos (that are not financial advise!) are just golden and i share them more often then anything else in the last time. Thank you so much for all your effort! Keep on going!

[@1DaytoDay-089]

USA people: The government is printing money and thus devaluating our savings... Argentinian people: Hold my value...

[@foxbox2879]

I have friends there and they still want USD. Trying to get them into metals and BTC so damn bad..

[@captainheat2314]

@@foxbox2879 i think other coins more like XRP or doge and wait till they get a similair bitcoin boom time

[@tehArgento]

The easiest way of buying in Argentina is using Binance p2p. Buying crypto directly with cards is illegal.

[@1DaytoDay-089]

¿@@tehArgento Are you sure? I never had any problems buying crypto with card

[@tehArgento]

@@1DaytoDay-089 You can see in one of the central banks statements (doesn't necessarily mean that banks are gonna be strict applying it lol). But I think that's the reason why binance doesn't allow directly buying crypto with cards and why in a lot of the Argentine platforms you have to fund your accounts and latter buy.

[@muninnsmith7958]

I'm literally going to go out of my way to bring my ideas to the table and ensure the success of Gamestop.

[@HappyBeezerStudios]

As much as I dislike some of their business strategies, they always were a decent place to sell your used games. And that isn't 90s nostalgia, they were pretty muc hthere during the 2000s and 2010s

[@FAHRENHEIT-gj4ng]

Watch the legalise. Classifying investing "profits" as "winnings" makes it easier for the lawyers to argue that money out of investors accounts and pockets..

[@todo9633]

Which is kinda absurd, given the fact that the stock market is literally just a massive legal gambling scheme.

[@trevor7355]

@@todo9633 I wouldn’t call it gambling entirely, it’s more like educated gambling that has many factors to look at. DD is important when investing.

[@weiwu1442]

@@trevor7355 crypto on the other hand

[@munenex]

The media article should be under the comedy section.

[@avalanche1990]

Thats a terrible place to put it. I like my cartoons in my papers. That article belongs in the classifieds. only place i can think of that i hate seeing in the paper more than certain days of the opinions section

[@hoodpatrolstrains1010]

Yup and thats how its always been ?GAMBLING ON Investments

[@preyator4939]

What you said about housing prices is exactly what pushed me to move up my house purchase to this year instead of 2 years down the line after saving. If we didn't purchase now, the inflation and market demand would have pushed the homes out of my pricing range. The same home I'm having built now, was marked up 8k more the week after we signed the contract. Inflation is coming and is going to hit hard, corn, soy, and wheat all went up 10%-15% in price during the month of January alone.

[@stefanstenroos6344]

Anyone who complains about retail traders "gambling" with GameStop purchases has obviously never purchased anything from GameStop.

[@SouthpawZer0]

I'm just appreciating that the term "meme-stock" is a thing now.

[@GodwynDi]

But where do I get stock in memes?

[@NerdishGeekish]

"Angry man reads Bloomberg" is quickly becoming one of my favorite video formats of yours, Louis.

[@jimmyQW9welB6Sm90cHNy]

it not that we "don't watch" the board repair videos, but that you have so many new subscribers that subscribed for nonboard repair videos.

[@klutzspecter3470]

I’m a simple man, I see low end stonks and I am dirt poor, I spend on stonks.

[@DrKumkar]

Louis I started watching your videos a year and half ago and since then I have gotten really into repairing stuff, even buying broken Macs and refurbishing them. Its very liberating knowing I can do that stuff and I continue to watch your channel cuz your a straight up guy and your commentary is wonderful. Thank you!

[@magnanimus9692]

I find your voice really soothing (even when you're talking about something that is otherwise naturally infuriating).

[@ceemihail]

You make a lot of sense brother. Always enjoy your content because your honest, and don't hold anything back. Many leaders in our country, should subscribe to your channel and learn a thing or two.

[@seancolquhoun8399]

The author of the article is obviously just talking his book, as is everyone else who comes out with pieces explaining how this event is horrible for the country/retail investors/unions/grandma (pick one).

[@jasoncarpenter2878]

Always enjoy your opinions Louis. Up here in Canada watching it all unfold (not much better up here). Having as many people as possible disseminating the information on youtube is a critical part of understanding.

[@DarrellVermilion]

21:38 **checks watch that doesn't exist** Ah, I see you are a man of culture as well.

[@raycist108]

fake check a pocket watch.. full on style 🕛

[@DarrellVermilion]

@@raycist108 How do I get on this level tell me now, don't make me fake take off my monocle (╭ರ_•́)

[@raycist108]

@@DarrellVermilion Even better two monocles.. but don’t you dare call them glasses 🤓 🚀 🌙

[@DarrellVermilion]

@@raycist108 Oh is _that_ what the peasantry call them--"glasses"? How pitifully appropriate that such a crude imitation of double monocles was given an equally crude designation. (╭ರ_ರ╮

[@raycist108]

@@DarrellVermilion Oh man muh sides R hurting. 🤣😂 I wear my solar double monocles at night.. 😎

[@migarsormrapophis2755]

Person 1: bets money on shorts Person 2: takes Person 1's bet and wins Person 1: "yOu'Re AdDiCtEd To GaMbLiNg!"

[@zoinksscoob6523]

im learning more and more about financial in these few weeks than in 20 years of my life

[@G0nZ4Low]

Same with Nokia, they think because nobody has brick phones the company is dead, not as one of the non-chinese main 5G network provider

[@JonathanShidler]

You have become the hero we need on the internet.

[@smithymcsmith8227]

I found this channel because of GME, but this is 100 percent how I like my info. No BS, lots of qualifiers (because that's the real world), and a lot of surrounding info. Strong Work!

[@fdsdh1]

Lol wall street accusing other people of gambling, isn't that their modus operandi

[@Lord_Falcon]

The only reason big finance people constantly warn of a crash is so that normal people get scared and either just save or if they do invest they do it through them because they have been tricked into thinking it's somehow safer. In reality investing yourself is safer because you can't get screwed by picking the wrong person to manage your money. We all know there are plenty of people in finance that don't actually care about their clients and always have a backup plan if they fk up to much.

[@MhnFive]

"And if I am being an asshole..." When the world needed him most, he vanished.

[@dylanfgarrison]

I really hope this saga never ends. This is hands down my new favorite channel!

[@floydlooney6837]

"Gambling behavior" is what the hedge funds are doing

[@Blackfilmguild]

HAAH, great point about the "fundamentals"...All the fundamentals say that during a pandemic and recession the stocks should go down, but instead, they do the opposite.

[@Iriseon]

Nailed it

[@hoodpatrolstrains1010]

Hiw bout shorting oil because of green deal ???? 😂🤣🤣🤣🤣 does Biden or any of the gov. Have money on the short end of theyre signings

[@Chris-sf7ug]

Until it skyrockets again and you owe someone 1,000 barrels of oil delivered no matter the price but then jump off a parking garage.

[@LeSyd1984]

After this, they'll probably close their short position.

[@GeorgeVCohea-dw7ou]

@@LeSyd1984 Oil is plentiful and is in in way too many places around the world, many of which we don't even know about yet. The market is hinky and showed everyone an unintended truth last March. We should never see $100/barrel ever again without massive corruption.

[@fredflint8399]

Thanks. The flow of your response and information is intoxicating. Keep up the good work! You are a light that I will continue to follow in these dark times.

[@dogfacedponysoldier5971]

WE LIKE THE STONK!

[@o0GrayMatters0o]

thas why we stocked up on gamestonk

[@TheZeusIsHere1]

✋💎🚀

[@margaret77494]

Where can I find out how to get in on this? I want to help out

[@o0GrayMatters0o]

@@margaret77494 we don't say, "help out." we just like the stonk.

[@o0GrayMatters0o]

the only reason one should want to stock up on gamestonk is because they like the stonk, not because they want to profit or "help out"

[@themagicrabbit1877]

It's like they don't understand how normal people actually think.

[@reversegearz]

Bloomberg : hold a company stock that have zero fundamental are crazy! Also bloomberg : short that company stock to 140%? No comment

[@NiacinWaterTaffy]

I love how the news has formed your being, Louis. Seriously in a good way.

[@jimo2983]

Why the comment about "mostly young men"? look at the authors. Two women (who probably hate men).

[@BG-it7hb]

It's part of the current rethoric

[@arrapaarotkelo7920]

"This must be the work of right-wing INCELS!"

[@MisterMosfet]

and yet theyre defending a whole class of people ruled by proven rapists, what a wonderful world.

[@lewis6590]

They cannot understand or take part in what is happening, and they're totally not bitter about it!

[@Megaranator]

I feel like these type of comments are making the issue even worse, don't think labelling groups with names that are considered bad will attract other people to the group

[@sergie2822]

I remember I was told my stock portfolio should be diverse. That's why a company has different divisions and subsidiary companies to diversify itself. If one performs badly, you have others that can recoup or help handling the loss until it raises back up again. Like that one phrase, "don't put all your eggs in one basket ".

[@rossmanngroup]

kzbin.info/www/bejne/oJibZntoa9ysgs0 this is the video I played inside my video. It's absolutely hysterical. My hat's off to this guy. Watch the entire thing.

[@TonberryGames]

Thanks! I like both your channels!

[@TheMrFive]

Agree. That video is hilarious. If you're an a-hole then the world could very much do with more a-holes. But you ain't an a-hole, at least in your videos and the world does not need more a-hole activity. I see that your stance as unwelcoming of hypocrisy and falsehoods of character. Leadership that the world does need. Please consider cancelling the Bloomberg sub. and peharps more directly support the writers of the piece that made you subcribe in the 1st place. If you need access to that 'content' please do ask to be lent a login.

[@GrimsBar]

Not a meme stock anymore. GameStop sells 10% of their stock, they have 3.5 billion. They shift gears and go to remote console gaming as a service, they will reduce number of consoles needed by 94%, reduce need for downloads, and Highest quality games available instantly. The entire world could access their virtual arcade. EZ as that.

[@ZBatt1]

How do you feel about 15$/‘min wage? Stupid? Smart?

[@archiedentone5950]

Haahaaahaaa “Like 4 Chan found a Bloomberg terminal”. Yeah exactly like dat

[@rogermayes3745]

My man's not a repairman anymore it's a side hustle at this point. His stuff is on point here.

[@zimbu_]

There's no evidence that the increased interest in Gamestop stock options was >95% redditors and retail investors using leverage the way some media is still presenting it. It could easily have been a trend started by them but then amplified by institutional investors who have algorithms in place to recognize trends and potential short squeezes as well as the capital to keep buying enough to keep the rise going. Gamestop may have been over-shorted, but you still need a pretty big portion of WSB to stop talking and start buying with thousands of dollars to make an impact on the stock price of a multinational corporation. People writing as "financial journalists" several days after the event you should be able to point that out. Also, the whole "short a stock that you release a paper on" thing is just as much gambling even they don't have an app with confetti. Publishing the paper is like saying "bet" in a game of poker, shorting a lot of shares is like putting a lot of chips forwards. Usually when you do a big bluff the opponent folds and the stock goes down. (I'm going to call it a bluff because it's not like these papers contain some special secret information that nobody else in the market had the ability to figure out.) Sometimes they call your bluff and you end up with what is going on now. Still, it's not even close the bigger losses hedge funds have had playing this game; in 2008 Volkswagen was the largest company in the world by market capitalization for a day or so because of a huge short squeeze.

[@ErinLAnderson]

Thank u for bringing journalism principles to light! CNN and FOXNEWS could benefit from these principles as well!

[@laurenr4531]

"they aren't paying attention to fundamentals because they don't mean jack shit anymore" ding ding ding

[@kazineverwind5267]

Angry newyorker shouts at Bloomberg. I love this show!

[@thoughtsontravelandlife]

Louis out here making 3 new videos a day like he's building his own news network 😂

[@83jbbentley]

When everyone lost their shirts in 08 it was a shit show. I worked in a factory and they immediately started firing management. People panicked I’m glad it finally came full circle and they’re getting jackhammered.

[@newperve]

Wow, a channel that shows computer repair has 90% male viewers? That's the least surprising thing I've ever heard! I mean the computer industry has attracted 90%+ males for decades.

[@lewis6590]

Ah but we recently discovered that that was due to systemic oppression and misogyny. You must be forgetting the mens' cabal meeting where we decided to discourage women from liking computers because we love a good sausage party.

[@newperve]

@@lewis6590 Man you have to give me the minutes of the Patriarchy Meetings when I miss one. I get so confused. For a while there I didn't even know why we weren't putting women down coal mines instead of going ourselves.

[@BigDawgRey95]

@@newperve I keep saying we need to get a Dropbox or something to share notes with our fellow men who can't attend these meetings.

[@williamtrent8373]

First heard of Right to Repair about farmers fixing their tractors. Totally took my own devices for granted, this is so true. Cars as well.

[@dannggg]

*Mob* 😂. Whose the real mob here? Fucking holding. All the way to Pluto.

[@mrnelsonius5631]

I wish my finances were better at the moment, because it would be so worth it to buy some GME and hold it come hell or high-water just because of what it stands for at this point. We’ve bailed these people out with tax dollars multiple times when they were playing with peoples mortgages, gambling with real social consequences. Holding their feet to the fire is worth a lot to me

[@benknotes9450]

💎👐

[@TheZeusIsHere1]

✋💎🚀

[@LeSyd1984]

@@mrnelsonius5631 It's important to remember the bailing out with tax money issue... If it happens again we'll need a Capitol 2.0. But this time, make it bi-partisan!

[@michaelriddick7116]

Too infinity AND BEYOND!!! ♦✋🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🌙

[@MarkColemanRules]

You are SOO correct!!! Any investor should always do due diligence and not to is reckless.

[@TheN8ism]

Anyone find it ironic that a hedge fund manager, a man that represents a group of people that band together to strategically make money in stocks, are getting super pissed off at a group of people that have banded together to strategically make money in stocks?

[@Gyyges]

Yes. And its a bald hypocrisy of epic proportions. Most shameful.

[@Expell666]

I WAS about to comment that I was here for some board repair. And now I'm here for real estate and investments. But you said it my friend. Thanks I learned a lot.

[@kevinschmidt2210]

Gnuz Flash: Bloomberg virtue signals by clutching pearls!

[@HappyBeezerStudios]

The age distribution is also fairly similar between your channels. We are the people who are grown up with tech, the "digital natives", but also the people who grew up with tech that could be repaired. With stuff that could be owned instead of rented. That middle section where we got both.

[@symlus]

Me: on lunch working for daddy bezos Louis Rossmann: ANGY BLOOMBERG Oh-ho, gotta watch this

[@HeadsetHistorian]

God, I am loving these videos. Your channels range of content is ridiculous lol. No other channel talks about such a wide scope of things yet somehow feels consistent.

[@garytallowin6623]

BIGLY YUGE STONKS

[@atticstattic]

“Ask not what your country can do for you. Ask what your country will bring on the Chinese market.”

[@dorianjackson3833]

Louis = great content

[@yourpersonaldatadealer2239]

When I started watching Louis years ago I never thought in the future I would be just as interested in what he has to say about the stock market

[@arrapaarotkelo7920]

"Rush of gambling and hitting it big" Lol no. They don't get it at all.

[@ErinLAnderson]

Nope

[@ringlord13]

I love that Bob Ross, Mr. Rogers, and AvE are mentioned in the same sentence. Well done!

[@ericday3538]

Meanwhile, the average Bloomberg online article reader is male, under 50, and cooped up at home.. Sound familiar?

[@agpc0529]

Bro i have disagreed with you about some nyc stuff (best city in the world!!!) but you are killing it on this GME story. Your speech on universal justice really is the best framing I've heard about this issue

[@joeymayson8279]

Tomorrow is showtime WE AIN'T LEAVING 💎🙌🚀🚀🚀

[@abcde1054]

The plan is to HOLD THE LINE! 💎🙌

[@kitsinoel]

You are one in a million. It’s just refreshing to hear your remarks about conversation and learning from each other.

[@ejakobs9881]

Honestly some group of gamers should just take over the management ends of the company, boost it's reputation from what used to be lackluster to something good and respectable, and make the company have legitimate growth outlook instead of playing the short term game of accepting its failure.

[@nobodyshome6792]

The shorting was done to drive the company out. GameStop was changing up and shifting away from games and becoming a toy retailer. Especially in the collectables and figure markets. Statues make money. As do Funko.

[@dabom88]

Louis, it's easy to understand why people don't watch your repair videos. I don't have a pressing need to repair Apple products. These news subjects, though, I do want to understand them. And your v videos are very good in helping me understand the subjects involved.

[@adrianalexandrov7730]

It's easy to explain why on some channels more of the viewers are men. Men are generally more interested in how things operate. And that includes technical stuff, society and hierarchies or stock market.

[@spartamerican6758]

I started watching for the tech. I stuck around for the man. Good to have you among us sir.