wallstreetbets "hackers" are defacing the market??

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Louis Rossmann

Louis Rossmann

Күн бұрын

Пікірлер: 5 700
@CassiusKent
@CassiusKent 3 жыл бұрын
I didn't know I need an angry New Yorker to yell at me, but I definitely need that shit.
@Andy-413
@Andy-413 3 жыл бұрын
Go to New York, find a woman with short, chin length hair who's yelling at a cashier. You'll never run out of angry yelling of a New Yorker if you hook up with her, trust me on that.
@TheMegalusDoomslayer
@TheMegalusDoomslayer 3 жыл бұрын
@@Andy-413 Did you just try to get someone to take your girlfriend off your hands?
@VeryForestGreen
@VeryForestGreen 3 жыл бұрын
From Canada, sorry.
@alancruz7084
@alancruz7084 3 жыл бұрын
Makes me realize why dominatrix are a thing
@Beanpapac15
@Beanpapac15 3 жыл бұрын
Louis Rossmann is America's anger translator
@bigMax1337
@bigMax1337 3 жыл бұрын
2019: Rossmann Realestate 2020: Rossmann Covid Reporting 2021: Rossmann Financial
@hassanbeydoun2460
@hassanbeydoun2460 3 жыл бұрын
I don't know what year he began with the therapeutic talks, but there's that too🙂 One the greatest quality KZbin channels I watch😃
@rushthezeppelin
@rushthezeppelin 3 жыл бұрын
Wu Tang Financial better watch out, there's a new game in town. Wootiewoo!!
@computersales
@computersales 3 жыл бұрын
Not financial. He isn't a financial specialist. Rossman Stonks.
@yuridavila6095
@yuridavila6095 3 жыл бұрын
I really enjoy the variety, he probably doesn't think so because he's in his mind a humble repair man but he's now a popular political commentator.
@denysolleik9896
@denysolleik9896 3 жыл бұрын
Rossmann 2024
@MisterRorschach90
@MisterRorschach90 3 жыл бұрын
This story infuriates me. Billionaires are allowed to do this at the cost of people’s livelihoods and actually get bailed out when their bad decisions come back to bite them. Yet a normal person can do the same thing an suddenly it’s a crime and all trading must stop. If ever there was proof of a double standard this is it.
@jtlagyt0l
@jtlagyt0l 3 жыл бұрын
amen
@Jacob-df5hr
@Jacob-df5hr 3 жыл бұрын
Heads I win, tails you lose
@Will-vw9xp
@Will-vw9xp 3 жыл бұрын
Fuck me for buying $2000 dollars of stock to help a company instead of shorting the company into the ground using giant firms...
@diaryofaselfmademillionaire
@diaryofaselfmademillionaire 3 жыл бұрын
@Andrew Friend I guess the issue is that most people didn’t like the stock, rather they appear to be buying in order to run up the price and squeeze out the shorts. The fundamentals really don’t support a buy, still. The fundamentals definitely don’t support the price. So... seems like market manipulation. It’s smart, but... kinda shady. Idk, I’m no expert.
@bunnybreaker
@bunnybreaker 3 жыл бұрын
@@diaryofaselfmademillionaire Why is it shady to buy something for sale?
@EEVblog
@EEVblog 3 жыл бұрын
We like the stock! We like the stock! We like the stock!
@neopabo
@neopabo 3 жыл бұрын
... We like the stock? We like the stock. We like the stock!!!!! 😂
@xToTaLBoReDoMx
@xToTaLBoReDoMx 3 жыл бұрын
Amazing seeing you here lol WE LIKE THE STOCK! WE LIKE THE STOCK!
@joneschad2810
@joneschad2810 3 жыл бұрын
🚀🌛
@MrMattumbo
@MrMattumbo 3 жыл бұрын
I'm in love with the stock!
@KangaMoose34
@KangaMoose34 3 жыл бұрын
Diamond 💎 hands ✋ 🚀🚀🚀🚀🚀
@JessaJones
@JessaJones 3 жыл бұрын
Yesterday I watched the Maryland House of Delegates Zoom hearing livestreamed on YT, broadcast all over the world. They were discussing companies selling personal biometric data, hacking and security issues. One of the delegates took a personal phone call, and began to discuss some private business. She had no idea that Zoom would focus on her, broadcasting her conversation to the entire world. Worse, the Chair of the meeting did not know he could simply mute her. All the delegates just screamed at her on Zoom until she muted herself. Bless her heart, but still--these are the people making the rules about hacking and security.
@matturner6890
@matturner6890 3 жыл бұрын
That's the annoying part. These people act like we're a bunch of stupid rabble, when they're entirely incompetent themselves!
@leonpaul6198
@leonpaul6198 3 жыл бұрын
@@MikeOxlong- what's the better alternative? (Genuine question)
@copykaktus4193
@copykaktus4193 3 жыл бұрын
@@leonpaul6198 Google meet, Webex, discord... just off the top of my head.
@conceptrat
@conceptrat 3 жыл бұрын
@@leonpaul6198 Signal, Jitsi or perhaps they could write their own but use the Matrix framework to do the heavy lifting and P2P E2E securing. Oh and Open Source no security through obscurity here thanks.
@inigo8740
@inigo8740 3 жыл бұрын
@@leonpaul6198 anything that isn't based in China and being routed through China is probably a step in the right direction
@kingqasmoke2802
@kingqasmoke2802 3 жыл бұрын
Hackers? What? That's a complete joke.
@rossmanngroup
@rossmanngroup 3 жыл бұрын
Agreed. That's what the financial press is going to try and push next. Don't let them win.
@politicalfoolishness7491
@politicalfoolishness7491 3 жыл бұрын
The stock market is a joke - COMPLETE corruption that buys politicians and funds murdering unnecessary wars. Don't play their game.
@joseo7524
@joseo7524 3 жыл бұрын
haven't you heard? Shitron™ had its twitter hacked!
@MrElmostudios
@MrElmostudios 3 жыл бұрын
@@joseo7524 lmao.
@xToTaLBoReDoMx
@xToTaLBoReDoMx 3 жыл бұрын
You mean the hacker known as 4chan?
@ChengTeoh
@ChengTeoh 3 жыл бұрын
"There's no evil coordination. There's just a bunch of people who were buying GameStop. And that alone is destroying a multi-billion dollar hedge fund because they were that stupid,” said Rossman. “They [hedge funds] would have never failed to this extent, if they hadn’t shorted these stocks to this extent" ... best quotes from your yahoo finance interview. :)
@mykeprior3436
@mykeprior3436 3 жыл бұрын
That greedy, and milking it to death. They think they're the Death Star and that the tiny exhaust port is no risk.
@raul0ca
@raul0ca 3 жыл бұрын
Just waiting for the Reddit group to be called anti-mimetic because, you know...
@mariokarter13
@mariokarter13 3 жыл бұрын
"We elected an Orange Man to get your attention and you STILL won't listen." - Regular People, on The People in Charge
@user-qx8dz9ii5z
@user-qx8dz9ii5z 3 жыл бұрын
@@JohnDoe-vh4rt OMG, it really is EVERY SINGLE TIME.
@snugglestruggle8437
@snugglestruggle8437 3 жыл бұрын
They got greedy and got their hand caught in the cookie jar. And instead of paying up, they ran to daddy government and even threatened bankruptcy if nothing is done on their behalf. If you or me took a short and didn't have the ability to pay off that short if we failed, we'd be looking at prison time plus our assets being seized. Everyone in this fraudulent scheme by this hedge fund, they ALL need to be investigated and all culpable for this short need to be put in prison and have their assets seized. Everyone else would have to deal with this, so too can this hedge fund.
@joefunk76
@joefunk76 3 жыл бұрын
Calling the frenzied buying of an underpriced stock “hacking” is like calling me going into a grocery store and stocking up on a sale item “theft”.
@Gen7x13
@Gen7x13 3 жыл бұрын
Ha I once walked into Barnes and noble with a couple of coupons on a sale day paid them ten bucks for a few hundred dollars worth of books and movies.
@ryanmalin
@ryanmalin 3 жыл бұрын
@@Gen7x13 heresy! theif! Police! Stop this man!
@gloriouspopemantom373
@gloriouspopemantom373 3 жыл бұрын
@@ryanmalin Hes one of them hackers :-O
@Nitrogang
@Nitrogang 3 жыл бұрын
Wait.. You can't use the rules of the game against me.....thats illegal!
@bellphorusnknight
@bellphorusnknight 3 жыл бұрын
Sir you do know that alcohol and toilet paper is in short supply espicially in a p@ndemic Fuck you and ur reason. U are hoarding now *clocks gun * Now put it in the bag
@ClemensAlive
@ClemensAlive 3 жыл бұрын
NEWS! Lang & Schwartz just had HUGE problems with their servers. Right at this moment, my Broker App noticed me, that GameStop and other "meme stocks" can not longer be purchased (but can be sold) due to extreme volatility.
@helfulvids
@helfulvids 3 жыл бұрын
The notification called it "meme stocks" ?
@Calyrekt
@Calyrekt 3 жыл бұрын
Is it really murder if killing these rich criminals is in self defense?
@ClemensAlive
@ClemensAlive 3 жыл бұрын
@@helfulvids no. that was just me. I just did not want to write down all of them xD
@Neeeg
@Neeeg 3 жыл бұрын
Buy #dogecoin. Shits about to blow up
@MrBizteck
@MrBizteck 3 жыл бұрын
Ya trading 212 had blocked AMC and GME since before market open today.
@olbradley
@olbradley 3 жыл бұрын
I like how "Hacker" is the first word the media uses to describe literally anything happening that has something to do with the internet or anything virtual really.
@Eyclonus
@Eyclonus 3 жыл бұрын
How did you put this text on my screen.... you're a HACKER!?!
@Sintanity
@Sintanity 3 жыл бұрын
it's like in movies when people say "My brother hacked my account!!!! :C" he didn't hack fuck all he guessed your password THAT ISN'T HACKING
@mr0o
@mr0o 3 жыл бұрын
@@Sintanity that actually is considered hacking. But in that case, it was the user's fault for having a shitty password. It's kind of like living in your own house and not locking the doors at night, and then when someone breaks into your house, you blame everything on them instead of admitting that you should have locked the doors to begin with
@tyrellst.hilaire4653
@tyrellst.hilaire4653 3 жыл бұрын
You’re making rational points!!! Hacking my braaaiiiinnnmmmnmn!!!!111!!! Someone call up a geria-I mean senator
@Wenzel368
@Wenzel368 3 жыл бұрын
Like we're fuckin hackerman from Kung Fury
@SuperBES49
@SuperBES49 3 жыл бұрын
"this was the invisible hand of the free market, fisting them right at their ass" - Louis Rossmann this is gold
@the_hamrat
@the_hamrat 3 жыл бұрын
That should be on a tshirt
@snubbelbuff1471
@snubbelbuff1471 3 жыл бұрын
How can you not know how or when to use quotation?? @9:33 "The invisible hands of the market struck and for once it finally fisted the right group of people in the ass"
@tonyv5202
@tonyv5202 3 жыл бұрын
"...and that's what makes it beautiful"
@scrateshooter
@scrateshooter 3 жыл бұрын
Crude: yes But it's the most efficient explanation.
@FlameMage2
@FlameMage2 3 жыл бұрын
Wow alright allow me to fix this... @9:11 "This was the invisible hand of the free market FISTING them right up the ass..." -Louis Rossmann
@MazzyzaM
@MazzyzaM 3 жыл бұрын
Calling this "hacking" is a bit like calling a boxer who performed a good counterpunch, a "cheater". The accusers (who have been low blowing for years) then cry to the ref that they're losing unfairly.
@daddy8518
@daddy8518 3 жыл бұрын
Rich people are a joke.
@djbassaus
@djbassaus 3 жыл бұрын
So did Daniel LaRusso make an illegal kick against Johnny Lawrence, who was right?
@headecas
@headecas 3 жыл бұрын
It's like when a guy hits u in the head in cs go and u call him a hacker cause u can't even hit bodyshots
@JacF6734
@JacF6734 3 жыл бұрын
Wall Street billionaires be like: "You're trying to kidnap what I've rightfully stolen."
@scottrauch1261
@scottrauch1261 3 жыл бұрын
Sounds like someone I wouldnt want to challenge to a battle of wits.
@fredriks5090
@fredriks5090 3 жыл бұрын
@@scottrauch1261 I've tried to respond to this comment 2 times but it got automatically erased for mentioning 2 different R'words.
@fredriks5090
@fredriks5090 3 жыл бұрын
@@scottrauch1261 3rd attempt; W1t has no merit in a battle of Ree™4rdation,- and we all know Ree™ Eddit has an unlimited supply of r4dioactive 4wtism.
@banjirjir7519
@banjirjir7519 3 жыл бұрын
onor among thieves just liek v said
@mjgarrett9885ify
@mjgarrett9885ify 3 жыл бұрын
In hawaii we call it " green harvest " .
@Zwisermon1
@Zwisermon1 3 жыл бұрын
They don’t want common people playing their games, that’s why all these millionaires and billionaires are freaking out, also the government.
@frankmerker630
@frankmerker630 3 жыл бұрын
well you know where the government's interests lie
@thbadmin7751
@thbadmin7751 3 жыл бұрын
No, they DO want common people playing their game. They just don't want them to win.
@daftnord4957
@daftnord4957 3 жыл бұрын
@@thbadmin7751 exactly, they need chumps to lose money for them to make money
@prysrek8858
@prysrek8858 3 жыл бұрын
This shows once again, that Gamers are the most opressed minority
@edjustice7755
@edjustice7755 3 жыл бұрын
Exactly!!! Why can't the common folk have a piece of the pie too.
@TheGuitologist
@TheGuitologist 3 жыл бұрын
TD Ameritrade is restricting trades on GameStop and AMC. Guess you should consider a new brokerage account?
@JPSurratt1986
@JPSurratt1986 3 жыл бұрын
I thought they were restricting shorts only?
@thisisakodibox2635
@thisisakodibox2635 3 жыл бұрын
Definitely. Luckily i got in but now it's a question of getting out. If i get burned by TDA for sure
@TheJamison76
@TheJamison76 3 жыл бұрын
They also slowed down their servers today. It was impossible to do any real day trades. I swear it was taking about 15 seconds to load charts and even longer to make an order.
@teenyverse7707
@teenyverse7707 3 жыл бұрын
that means... buy GME and AMC
@NEDMInsane
@NEDMInsane 3 жыл бұрын
they are restricting super risky calls/puts so people dont get screwed if/when it falls
@Heathmcdonald
@Heathmcdonald 3 жыл бұрын
Congress understands perfectly well what is really happening, they are ivy league grads and so are their 20 something staffers. It's just because they're corrupt. Not stupid.
@noridzwannordin6416
@noridzwannordin6416 3 жыл бұрын
THIS. This is it, this is the comment.
@mrm8528
@mrm8528 3 жыл бұрын
I wish it was incompetence
@Heathmcdonald
@Heathmcdonald 3 жыл бұрын
@@mrm8528 me too
@A_Box
@A_Box 3 жыл бұрын
Finally someone points this out. If not the wrinkled old front face of a candidate, then someone in the many straight A+ ivy league graduates members of staff ought to know exactly what's going on.
@MrMattumbo
@MrMattumbo 3 жыл бұрын
There was an article yesterday about Pelosi buying calls on Tesla, they know, and yet somehow the people in charge of policy are allowed to actively trade stocks related to the policies they push. (I love Tesla btw, but something is broken when the house majority leader who is pushing for bills that favor green energy is able to buy calls on stocks that will benefit. It is insider trading yet people treat that shit like it's totally normal while at the same time REEEEing about WSB and GME).
@Cal-jg7xk
@Cal-jg7xk 3 жыл бұрын
I’m an older man who really though the country was going to shit. You and your group of youth within WSB have made me a proud American again by showing people what can happen when we work together against evil. Please believe me I’m laughing as hard as my teeth will allow me. Mr. Rossmann keep up the good work. And for Gods sake if you all work together you will succeed. 👍👍👍🙏🙏🙏
@oathkeeper27
@oathkeeper27 3 жыл бұрын
Imagine you're playing chess against some cocky dude who moved his queen out as early as possible, such that you quickly corner it with a bishop and some pawns. Then, as you take it basically for free, he accuses you of cheating.
@kaboose64
@kaboose64 3 жыл бұрын
GME is the first move. NOK, SPCE and AMC is the killing blow! Finish them off!
@willsoe
@willsoe 3 жыл бұрын
Yeah, although he's placed a billion dollar wager on the outcome of the game betting he'll win. In addition he's also paid millions of dollars to hire a man to punch you in the face over and over again so it makes your chess game as bad as possible. But you're so used to being punched in the face you pull through and win the game. Now the man you played against is jumping up and down having a tantrum because he's so out of pocket, because he paid so much assuming he *will* win, but in fact he did not, and the hired muscle is demanding his money from the man for his services, but he cannot pay out. But what will happen is the chess man's rich friends will come along and give him billions of dollars to pay the help, and launch an investigation into you for somehow winning the game despite being punched in the face, despite no illegal moves were made in the game of chess.
@willh9187
@willh9187 3 жыл бұрын
And then the arbiter gives it back to him before he does it again
@d-mac734
@d-mac734 3 жыл бұрын
I suggest a copy paste to link users to this video! this guy is def. competent and knowledgeable. Love the video and the non censorship of speech/bad words LOL but seriously i believe that what he is saying without a doubt is true and we gotta act FAST! so please share this video with others!
@Paul-eb2cl
@Paul-eb2cl 3 жыл бұрын
Nice Analogy!
@therealjammit
@therealjammit 3 жыл бұрын
GameStop: "We have stocks to sell" /r/wallstreetbets: "Ok, we'll buy" Media: "HACKERS!!!"
@sentryscrub
@sentryscrub 3 жыл бұрын
Posts rocketships and diamond hands..... Must be a hacker
@sentryscrub
@sentryscrub 3 жыл бұрын
@Thomas B Gaming I am sad I can't get into wsb for the tendie song lol
@Noctifern
@Noctifern 3 жыл бұрын
@@sentryscrub 🚀🚀🚀🚀🚀🚀🚀
@JohnDoe-vh4rt
@JohnDoe-vh4rt 3 жыл бұрын
Gabe Plotkin - Melvin Capital CIO & Founder = Jewish Andrew Left - Short seller at Citron Research = Jewish Adena Friedman - NASDAQ CEO who halted trading to protect short sellers = Jewish Jacob Frenkel - Former SEC Lawyer on CNBC backing the short sellers = Jewish Steve Cohen - Owner of Point72 who is bailing out Melvin with $750m = Jewish
@bigultrafunny9751
@bigultrafunny9751 3 жыл бұрын
@@JohnDoe-vh4rtI bet your life is pathetic and terrible you racist POS
@pattty847
@pattty847 3 жыл бұрын
They're smart man and know they're being bias and there was no hacking... they don't give a fuck and they believe they're on a different playing field than the rest of us. Only when their games are backfired do they start shitting their pants and whining.
@Bingo_Bango_
@Bingo_Bango_ 3 жыл бұрын
The argument against capitalism is often predicated on the idea that people are busy, apathetic, and don't work with perfect information. That take is right 90% of the time, but the rebuttal is always, 'well, they COULD be better, so it's the people that are broke, not the system.' This past week, people have been focused, mentally invested, and working on excellent, publicly available information. It turns out certain concepts of stock trade aren't actually that complicated, and that organization can be public and open. The rich "apex predators" of the financial system are quivering in their boots, because they're finding out that their Econ professors were RIGHT. The only reason they could prey on the public and their businesses was because the public didn't want to fight back, to take advantage. Well, the public cares now, and their curtain of invulnerability is gone. Fuck yeah, Adam Smith. The only thing that could fuck it up now is the government stepping in, or conversely allowing the failed hedge-funds to (illegally) default on their investments and incestuously bail each-other out with zero legal repercussions, even though a private citizen doing the same would be jailed.
@bloodyidit4506
@bloodyidit4506 3 жыл бұрын
@@Bingo_Bango_ They will do something about it instead of letting these investors fail, and in doing that they damn themselves further because the original issue wasn't addressed, namely that loads of actors including billionaires and on-the-ground averages spontaneously decided to fuck something. Which means it's GOING to happen again and again until the reason they did it was resolved. This shit is sleeping giant awakening shit. Now they're under watch for every weakness.
@0Arcoverde
@0Arcoverde 3 жыл бұрын
The only one who doesn't know what class they are in is the common person, the rich knows very well they are the upper class They don't mind killing the lower class
@pattty847
@pattty847 3 жыл бұрын
@@Bingo_Bango_ I agree with everything you said and more. Also, I believe the shutting down of WSB reddit and their discord will only heighten the need for decentralization. When the suits don't like what's going on they stop the game... I love people are using their wits to out-play them in their own games.
@GodwynDi
@GodwynDi 3 жыл бұрын
@@bloodyidit4506 You completely misunderstand what the issue here is.
@curiouspanzer5881
@curiouspanzer5881 3 жыл бұрын
Wall street got a little to comfy with their system, now they feeling the floor burn beneath them. This is glorious everyone.
@naniekso
@naniekso 3 жыл бұрын
Think it sqoze?
@jd_flick
@jd_flick 3 жыл бұрын
Jim Cramer tells people to buy stock every day, don't see him getting thrown in jail
@missraeray
@missraeray 3 жыл бұрын
Exactly smh
@10lauset
@10lauset 3 жыл бұрын
He had a show with Trump's economic advisor Kudlow before the Iraq invasion and was gleeful at the prospect of war.....after all military industries make LOTS of money making war and profits for shareholders, eh Boeing and the rest. For all of China's faults, they certainly don't produce enormously massive amounts of armaments. Dead naval ships in Philly, dead air force planes in Arizona.
@aaronsvoboda5897
@aaronsvoboda5897 3 жыл бұрын
The hedge fund that had billions of shorts on GME made a podcast addressing why GME wasn't valued at more than $20. No repercussions. The game is rigged.
@campsitez2355
@campsitez2355 3 жыл бұрын
jim cramer is a huge piece of trash, that's why they let him do it. he's an establishment puppet
@ChucksSEADnDEAD
@ChucksSEADnDEAD 3 жыл бұрын
@@10lauset The domestic arms industry in China is actually pretty big because they manufacture most of the equipment. They produce a lot of Russian designs natively under license but they also design and build their own.
@Sam_on_YouTube
@Sam_on_YouTube 3 жыл бұрын
I expect a number of lawsuits to be filed here. People will be suing TD Ameritrade for shutting down their access to trade on these stocks and prioritizing their own financial interest.
@abio123
@abio123 3 жыл бұрын
They fucking need to.
@DavidConnerCodeaholic
@DavidConnerCodeaholic 3 жыл бұрын
🤯🤯🤯🤯
@Sam_on_YouTube
@Sam_on_YouTube 3 жыл бұрын
@Nate Noland That may or may not save them. Depends on what they find in discovery about WHY. If it was because they were worried their customers were speculating in an uninformed and dangerous way, that might be fine. If it was to slow down legitimate transactions to help their buddies... that's a different story.
@9bitminecraft
@9bitminecraft 3 жыл бұрын
@Nate Noland my broker did the same thing. I think it was boa that raised the margin and almost all brokers followed suit. Im an idiotdont listen to me not financial advice
@Samuraid77
@Samuraid77 3 жыл бұрын
Yeah TD should get the big shaft for that one
@nbrown5907
@nbrown5907 3 жыл бұрын
Average Joe's blowing up Hedge Funds is wonderous. Wallstreet has been screwing mainstreet forever. Watch The Big Short if you are not sure about what has happened with Gamestop.
@Ownage4lif31
@Ownage4lif31 3 жыл бұрын
I found out about this movie today, thanks to all this. Will be watching it soon. I didn't know it even existed... Must have been a silenced movie or something
@henrik1743
@henrik1743 3 жыл бұрын
pepeClown, any honkers? ;)
@trax72
@trax72 3 жыл бұрын
The Big Short is great, never thought a movie about the financial sphere could be both informative and entertaining.
@damianpos8832
@damianpos8832 3 жыл бұрын
@Special K i think, it is well known movie..
@ChucksSEADnDEAD
@ChucksSEADnDEAD 3 жыл бұрын
@@Ownage4lif31 It was well advertised when it came out, it's just not a big... "cultural impact" movie.
@Norm475
@Norm475 3 жыл бұрын
As they say "bulls make money, bears make money, but pigs get slaughtered."
@daviddesrosiers1946
@daviddesrosiers1946 3 жыл бұрын
Wall Street: NOOOOOO! THE LITTLE GUY IS NEVER SUPPOSED TO WIN!
@han3wmanwukong125
@han3wmanwukong125 3 жыл бұрын
How dare they!
@daviddesrosiers1946
@daviddesrosiers1946 3 жыл бұрын
@@han3wmanwukong125 Yeah, someone didn't get the memo that you take from the little guy, you don't ever, EVER even think about taking something from the yacht class.
@roadent217
@roadent217 3 жыл бұрын
"haha stonks go to the moon!"
@infiltr80r
@infiltr80r 3 жыл бұрын
Biggest winner is Blackrock, a major Wall Street fund. Not the WSB dudes.
@markmywords5342
@markmywords5342 3 жыл бұрын
🚀🚀🚀
@DuoFurey
@DuoFurey 3 жыл бұрын
One article said. "These small and unsophisticated investors" The hell with these clowns.
@sinamos3945
@sinamos3945 3 жыл бұрын
The articles are all corporate propaganda.
@James-bj2ni
@James-bj2ni 3 жыл бұрын
I fumed when I saw that one. Some Barrons guy. Idiot thinks we can't think for ourselves. I'm unsure if it's his genuine belief, or the usual political diatribe to win brownie points from feelgood voters.
@Yellow.1844
@Yellow.1844 3 жыл бұрын
on god they think theyre holy or something 💎🙌
@Adam-qs5ir
@Adam-qs5ir 3 жыл бұрын
msm is just the mouthpiece of the powerful
@KayFabe87
@KayFabe87 3 жыл бұрын
Kind of like the new prez and his party cohorts in DC and the media referring to over 75 million Americans as "domestic terrorists" who need to be "reprogrammed" because those Americans did not vote the way the elites felt that they should. The elites in the media and in government are not your friends even when they are demonizing those with whom you disagree. They see us all as serfs.
@ZeFoxii
@ZeFoxii 3 жыл бұрын
These aren’t hackers! They are people who beat WallStreet at their own game!
@jtlagyt0l
@jtlagyt0l 3 жыл бұрын
they must have watched the movie "the big short"
@ajbones4207
@ajbones4207 3 жыл бұрын
Preach my brother. Hallelujah!
@JohnDoe-vh4rt
@JohnDoe-vh4rt 3 жыл бұрын
Gabe Plotkin - Melvin Capital CIO & Founder = Jewish Andrew Left - Short seller at Citron Research = Jewish Adena Friedman - NASDAQ CEO who halted trading to protect short sellers = Jewish Jacob Frenkel - Former SEC Lawyer on CNBC backing the short sellers = Jewish Steve Cohen - Owner of Point72 who is bailing out Melvin with $750m = Jewish
@Elflaco909
@Elflaco909 3 жыл бұрын
This was just the perfect storm ⛈! The government bail out the auto industry years ago but what about when my dad lost his job who bail him out, now the hedge funds people get a bail out ? Oh wow
@brandongraham4218
@brandongraham4218 3 жыл бұрын
Fucking legends with diamond balls. 💎 🙌
@oceanboy1014
@oceanboy1014 3 жыл бұрын
The app named "Robinhood" took the side of hedge fund billionaires. The irony.
@vincenttjia
@vincenttjia 3 жыл бұрын
Modern-day robinhood steal from the poor give it to the rich
@CR-hu1db
@CR-hu1db 3 жыл бұрын
Robinhood is at least partially owned by Citadel, who owns the hedge fund that's being bankrupted by GME right now. So it's no surprise whose side they've been on this whole time.
@ShortArmOfGod
@ShortArmOfGod 3 жыл бұрын
Not ironic.
@hydragons
@hydragons 3 жыл бұрын
@@CR-hu1db so next time we need to look into who to use and who owns them to at least reduce this kind of risk by a bit.
@DaigoParry
@DaigoParry 3 жыл бұрын
It’s not ironic. They chose the name to scam you, so you will keep your guard down and play along, but behind the scenes they steal from you.
@user-vq5hh9bk2m
@user-vq5hh9bk2m 3 жыл бұрын
The manipulation is getting more obvious every day, wait until Friday when your broker has a glitch that causes your shares to sell themselves
@Xx_m1k3_0X1onG_xX
@Xx_m1k3_0X1onG_xX 3 жыл бұрын
Lmao I wouldn't be surprised
@XJR15ftw
@XJR15ftw 3 жыл бұрын
I'm seriously afraid of something like this. I was assuaging myself thinking that the overall market doesn't care about such a minuscule sliver, these kinds of moves happen all the time between funds (the difference there is they actually cover their shorts instead of tripling down on them...), but it's increasingly clear that they HATE retail investors doing this, and will go to any length to fuck with shit. Not allowed to have a W. The only hope, sadly, is the other huge players smelling blood in the water and fucking the shorts too... I hope I can make enough money off of GME, because there's 0 doubt in my mind that this will spark a huge push from big money towards limiting retail investing even more.
@_Hal9000
@_Hal9000 3 жыл бұрын
Some hacker called 4chan or reddit
@EnraEnerato
@EnraEnerato 3 жыл бұрын
Yeah proving that scenario to be a case of criminal activity is pretty much impossible...
@HRRRRRDRRRRR
@HRRRRRDRRRRR 3 жыл бұрын
"Ooops! All your stocks just glitched out and sold for $1. Sorry, we can't halt the market and investigate for _you,_ you're just going to have to live with it."
@Lovuschka
@Lovuschka 3 жыл бұрын
HedgeFunds be like: "Private citizens are not allowed to profit off our bad financial decisions!"
@guguigugu
@guguigugu 3 жыл бұрын
only the other way around
@antonystringfellow5152
@antonystringfellow5152 3 жыл бұрын
How about a hedge fund representative going on CNBC and lying about closing his short position in order to manipulate the stock price in his favor?
@danm1026
@danm1026 3 жыл бұрын
No shit
@sebione3576
@sebione3576 3 жыл бұрын
Ikr why is that allowed? Oh yeah, because they're billionaires. Why is the media helping the billionaires? Oh yeah, they own the media.
@bobbyboucher1096
@bobbyboucher1096 3 жыл бұрын
Where's the SEC here?
@Chrisfeb68
@Chrisfeb68 3 жыл бұрын
CNBC is on the side of this hedge funds and their true colors came shining through this week. It’s nauseating.
@chrisknoblock
@chrisknoblock 3 жыл бұрын
Dude you see that interview with Chamath? He explained the situation perfectly, and the contempt wall street has for the rest of us.
@josephabrams8529
@josephabrams8529 3 жыл бұрын
“And today, I am proud to call myself an American” Ya damn right, this shit is the happiest I’ve been since the pandemic started.
@pixelcaisa
@pixelcaisa 3 жыл бұрын
"it's not about the money, it's about sending a message" even internet companies don't know how the internet works, if you block the subreddit and close the discord channel will make things even worse for them, people will be even more fired up
@pixelcaisa
@pixelcaisa 3 жыл бұрын
@w dvb your point is valid :) but what I meant was: even if you close a channel of communication, people will find other means to interact and they can find creative ways to do it when they feel threaten by censorship. it's the internet, not a tv transmission.
@Thaumazzar
@Thaumazzar 3 жыл бұрын
Can't stop the signal, Mal.
@TheHighborn
@TheHighborn 3 жыл бұрын
Its beyond the straisand effect. If they didn't cry to the media, they could have sold with minimal losses. Now that it's vital, there's no stopping it
@Semiantomatic
@Semiantomatic 3 жыл бұрын
*human nature intensifies*
@seeibe
@seeibe 3 жыл бұрын
Instead what they did was to block the stock from being bought. It kinda worked, but oh boy did it piss WSB off. I'm considering selling my Apple stock and putting it all in GME.
@AlaricScandoveski
@AlaricScandoveski 3 жыл бұрын
"oh no, the poors found out about a legal loophole to fight against our morally greedy loophole"
@arcadeuk
@arcadeuk 3 жыл бұрын
They didn't even find a loophole, they just all bought the same stock 🤷‍♂️
@AlaricScandoveski
@AlaricScandoveski 3 жыл бұрын
@@arcadeuk I know. That's The fun part. This whole thing is going to get lot of attention from people who do not want us, the commoners, from making money.
@redwall1521
@redwall1521 3 жыл бұрын
@@AlaricScandoveski To be fair, it is a weird way of gaining money, and it's only going to people who had enough to actually purchase stock in the first place. The issue with how the rich people make money is that they do "insider trading" but have enough buddies on the SEC to make sure they're legally protected. Or they use legal loopholes that only they know of. You can still make a lot of money via trading on the markets via day trading (if you know what you're doing) or just investing long term, for retirement. You just end up upper middle class at age 60 instead of a billionaire at age 30.
@TarsonTalon
@TarsonTalon 3 жыл бұрын
@@AlaricScandoveski Technically, nobody is actually making money. We're just making sure our tax money lands right back in our pockets when they try to bail out bad companies.
@AlaricScandoveski
@AlaricScandoveski 3 жыл бұрын
I make one joke lol
@mattmcc7930
@mattmcc7930 3 жыл бұрын
"I like the stock"=Hacker "I like the stock"=hate speech "I like the stock"=market manipulation
@MrMidoBB
@MrMidoBB 3 жыл бұрын
They got banned for hate speech unironically. The market is fucked.
@captainlacklustr
@captainlacklustr 3 жыл бұрын
@@MrMidoBB the discord and the subreddit is back up. The subreddit went private to plan out efficiently how to combat bots since the raise if the attention. The discord was banned for "hate speech" foolishly but a new one was made
@hbarhedera3580
@hbarhedera3580 3 жыл бұрын
Pls don't be racist
@captainlacklustr
@captainlacklustr 3 жыл бұрын
@@hbarhedera3580 wut
@clanoftheducks1850
@clanoftheducks1850 3 жыл бұрын
"He points out when I'm doing something stupid, and I'll also try to help when he is trying to do something on the computer" Somehow that line was comedic gold to me, both explaining the soft touch and double standard of tech support in just 1 line. As someone who dares not touch hardware, these kinds of video's through the years always put a smile on my face, you fairly clearly address what you find an issue to an audience, I have yet to find a video I didn't agree with. While I do hope you keep doing board repair videos to those who need them, also keep doing stuff like this! - Internet stranger danger
@foobar201
@foobar201 3 жыл бұрын
Being mad at Wallstreetbets in this situation is like being mad at the water for entering your boat when there's a leak.
@Lemaforthewin
@Lemaforthewin 3 жыл бұрын
That's a great analogy.
@ClokworkGremlin
@ClokworkGremlin 3 жыл бұрын
After shooting a bunch of holes in the boat with your own gun.
@L39T
@L39T 3 жыл бұрын
@@ClokworkGremlin with a minigun that goes brrrr
@hellishcatt
@hellishcatt 3 жыл бұрын
@@L39T with explosive bullets
@MrGuyWhatAGuy
@MrGuyWhatAGuy 3 жыл бұрын
Ahh yes. when your gun is an Apache Helicopter
@saab9251
@saab9251 3 жыл бұрын
Wall Street cannot fathom that a lot of people are literally spending “fuck you” money. Diamond hands means ride it to ZERO. We don’t give a fuck, we like the stock. HOLD THE LINE.
@tonyberg1947
@tonyberg1947 3 жыл бұрын
@Language and Programming Channel I've been laughing all day😂
@Wasmachineman
@Wasmachineman 3 жыл бұрын
Love isn't always on time!
@havealikeandsub
@havealikeandsub 3 жыл бұрын
RIDE OR DIE. its gonna collapse anyway, may as well prevent a few fat cats from buying another yacht.
@headecas
@headecas 3 жыл бұрын
I thought the age of heroes was over, I really hope u guys prove me wrong
@killman369547
@killman369547 3 жыл бұрын
​@Language and Programming Channel Sounds a lot like casinos "the house never loses" and this time the house lost.
@pagetvido1850
@pagetvido1850 3 жыл бұрын
Peasants: Billionaires: "make that illegal"
@SelecaoOfMidas
@SelecaoOfMidas 3 жыл бұрын
Elon Musk: 🚀🚀🚀
@seedilicious2936
@seedilicious2936 3 жыл бұрын
And the revolutionary War begins...
@myes344
@myes344 3 жыл бұрын
Free stocks
@TheDextermat
@TheDextermat 3 жыл бұрын
French revolution guillotine ready! Since they want us to eat cake if there is no more bread!!!
@julkiewitz
@julkiewitz 3 жыл бұрын
Why do you assume the people shorting the stocks are billionaires. At this point, you have probably just as many billionaires holding long and short positions. You guys are winning / losing with yourselves.
@darrylalagdon9340
@darrylalagdon9340 3 жыл бұрын
When you steal from the rich it's criminal, but stealing from the poor, that's *Capitalism.* _~ Jabob Frye, AC: Syndicate_
@imbwildrd3693
@imbwildrd3693 3 жыл бұрын
The hedge fund managers are just pissed off that a bunch of "techies" thought of it first and beat them at their own game. No hacking involved. Just straight up intelligence and a lot of buying of Gamestop stock.
@AM-fh7ek
@AM-fh7ek 3 жыл бұрын
Isn't that public information? I thought everyone can check out information on how a specific company is doing. It doesn't really require much intelligence imo.. Its about who sees it first, because they know what they are looking for. Reddit users are just followers after they saw the traders short it as much. Cmon now... anyone could tell you GS is dead man walking.
@DRainbowNeos
@DRainbowNeos 3 жыл бұрын
@@AM-fh7ek Off-topic but a somewhat related trivia: In Singapore/SGX, you can't check any information of any listed company in the SGX. Whatever information that is available is just the information that the company themselves wants to publish; There's no transparency.
@junkmail7130
@junkmail7130 3 жыл бұрын
Must forbid regular people from making money using the same market devices rich have used.
@sparkypvp2167
@sparkypvp2167 3 жыл бұрын
Always has been
@Suchen_Wahrheit
@Suchen_Wahrheit 3 жыл бұрын
If this is illegal, then every business channel giving tips to buy is a hacker
@elevate32767
@elevate32767 3 жыл бұрын
does this mean we finally get to imprison our politicians for insider trading?
@bedtimestories1065
@bedtimestories1065 3 жыл бұрын
@@elevate32767 Lmao, of course not!
@wavyy
@wavyy 3 жыл бұрын
MSNBC, CNN and FOX business shows should also be illegal by their logic 😂 They also influence investors
@MagiofAsura
@MagiofAsura 3 жыл бұрын
@@elevate32767lol no. They still have money and money buys power. We dont live in a democracy. We live in a plutocracy (governed by the wealthy).
@Saturn.argo.
@Saturn.argo. 3 жыл бұрын
@@MagiofAsura ,, z,,,,,xż xzzzzssźzzźzźzzzzzzzzzzzxźzzźźźzxxxźxż
@shepdog069
@shepdog069 3 жыл бұрын
They also need to go after every broker who locked stocks to prevent investors from buying. That is collision to protect the hedge funds
@I_am_ENSanity
@I_am_ENSanity 3 жыл бұрын
It took Congress months to help the US citizens. I bet they'll have regulations up for a vote in less than a week.
@somethinglikethat2176
@somethinglikethat2176 3 жыл бұрын
Not so sure. It's only a couple of funds so no big deal from an economy wide sense and helping wallstreet after they got caught with their dicks stuck in the cookie jar again is very politically. unpopular.
@sccpresident
@sccpresident 3 жыл бұрын
I would wager a small gentleman's bet some kind of regulation/infringement comes of this
@Madchuck7
@Madchuck7 3 жыл бұрын
@@sccpresident It's all about shutting down the internet. You see the political blowout after Jan 6th capital riot. You're going to see another political blowout after this. Reddit will probably shutdown r/wallstreetbets. Patriot Act 2.0 Internet Purge.
@videosonyoutube5588
@videosonyoutube5588 3 жыл бұрын
The gridlock delaying federal COVID financial assistance was an obvious attempt to hurt the then sitting president. Wall street billionaires are far more valuable to the political class than we are.
@khronus79
@khronus79 3 жыл бұрын
Hey Louis, in case you get that interview, the actual short % was closer to 140, %138 to be precise
@Chunkhead
@Chunkhead 3 жыл бұрын
"I'm proud to be an American today." Brought a freakin' tear to my eye, man. That was AWESOME!
@ElementalMaker
@ElementalMaker 3 жыл бұрын
Just when I thought I couldn't like Louis any more than I already did he ends the video like that!
@oneilc818
@oneilc818 3 жыл бұрын
Man I see you comment on a bunch of random channels I follow and that makes complete sense because you're awesome.
@GOLEG11
@GOLEG11 3 жыл бұрын
@@oneilc818 That’s why you should subscribe to all you agree with ... 👍 😂
@ajbones4207
@ajbones4207 3 жыл бұрын
I've said it before and I'll say it again, Louis for President 2024, but I'd settle for Mayor of NYC.
@JohnDoe-vh4rt
@JohnDoe-vh4rt 3 жыл бұрын
Gabe Plotkin - Melvin Capital CIO & Founder = Jewish Andrew Left - Short seller at Citron Research = Jewish Adena Friedman - NASDAQ CEO who halted trading to protect short sellers = Jewish Jacob Frenkel - Former SEC Lawyer on CNBC backing the short sellers = Jewish Steve Cohen - Owner of Point72 who is bailing out Melvin with $750m = Jewish
@17931793248650
@17931793248650 3 жыл бұрын
Did any of you get goosebumps from that?
@Jwhiz24
@Jwhiz24 3 жыл бұрын
It's almost like if you don't hold wall street accountable, they'll keep doing unethical things. Also Robinhood truly was a well named app in this instance.
@followertheleader
@followertheleader 3 жыл бұрын
Shorting 40% more than actually exist should be not be possible. Instead of blaming the morons on the other side of a trade they are blaming the average person with an app on their phone.
@anupew3276
@anupew3276 3 жыл бұрын
I saw some information suggesting that actually its even worse :) 140% short position is supposed to be just on call options (those have to be public as they are traded), but its impossible (= not public) how much was shorted directly by borrowing and selling actual shares. And that can also go over 100% as those shares can then (after several trades) go back to finantial institution that can lend them for shor sale again.
@franklyanogre00000
@franklyanogre00000 3 жыл бұрын
It isn't more than exist. It is more than is traded in a single day. If it goes to 200%, ot means twice the number of shares sold in an average day...which means it would take two days of buying every stock traded.
@someguy6075
@someguy6075 3 жыл бұрын
@@franklyanogre00000 No. It was 140% of float, not volume.
@infiltr80r
@infiltr80r 3 жыл бұрын
Try to understand what "float" is. Float is NOT all the shares, only the listed shares. Even Louis doesn't understand this. GME float is about 47m, total outstanding is 70m.
@someguy6075
@someguy6075 3 жыл бұрын
@@infiltr80r Right. And the shorts were 72m shares. 140% of float and a little over 100% of the total. Float is what's relevant here anyway because float is what the fund has access to. Still, neither is the same as volume.
@Krummelz
@Krummelz 3 жыл бұрын
" this is hacking the same way as cleaning glass with vinegar instead of window cleaner is ‘hacking’ "
@scbmarmstrong
@scbmarmstrong 3 жыл бұрын
You don't understand.
@nullskull6860
@nullskull6860 3 жыл бұрын
ABSOLUTELY NOBODY WHO IS AN AVERAGE PERSON SHOULD DISLIKE r/wallstreetbets.
@Kartharsus
@Kartharsus 3 жыл бұрын
yeah, what they're doing isn't at all illegal or bad, this event is just billionaires taking a dump on everyone else. But an average person would probably dislike r/wallstreetbets. They're a pretty toxic community on the whole. They're basically built on 4chan ideals, too. "if 4chan found a bloomberg terminal"
@nullskull6860
@nullskull6860 3 жыл бұрын
@@Kartharsus how is this billionaires behind this?
@elmateo77
@elmateo77 3 жыл бұрын
r/wallstreetbets is a bunch of assholes who encourage people to make risky investments without understanding what they stand to lose. This one amusing thing doesn't change that.
@JohnDoe-vh4rt
@JohnDoe-vh4rt 3 жыл бұрын
Gabe Plotkin - Melvin Capital CIO & Founder = Jewish Andrew Left - Short seller at Citron Research = Jewish Adena Friedman - NASDAQ CEO who halted trading to protect short sellers = Jewish Jacob Frenkel - Former SEC Lawyer on CNBC backing the short sellers = Jewish Steve Cohen - Owner of Point72 who is bailing out Melvin with $750m = Jewish
@nullskull6860
@nullskull6860 3 жыл бұрын
@@JohnDoe-vh4rt bingus bongus
@fearlv1rattata
@fearlv1rattata 3 жыл бұрын
r/wallstreetbets just went private. Not sure what's going on
@rossmanngroup
@rossmanngroup 3 жыл бұрын
If you mod wsb, I humbly request letting /u/larossmann in. The people on your side in this matter stand between you and the politicians that the hedge fund investors probably purchased in the last election cycle!
@mitryanlanenkins7364
@mitryanlanenkins7364 3 жыл бұрын
SJWs at Reddit management probably had enough of the use of the word “ret4rd” , im pretty sure that world also thinks 4Chan mannerisms = white nationalism, so yeah I think leftists got the sub taken down for their speech, ruining everything as usual even though the actions of that subreddit have been 100x more effective in going back at oppressors than any ant hills they kick up
@JodyBruchon
@JodyBruchon 3 жыл бұрын
I guarantee you it's because of the NASDAQ boss saying "if we see you chattering about a stock on social media, we will block trading of the stock!".....also, people are moving to r/wallstreetbets2 due to the blockage
@sinborn41214
@sinborn41214 3 жыл бұрын
We are watching HISTORY happen. The Big Short 2: Main Street Fights Back
@segt
@segt 3 жыл бұрын
Wsb just banned from Reddit and Discord. This just keeps getting worse.
@farawayquill3896
@farawayquill3896 3 жыл бұрын
This being caused by “hackers” is the most laughable excuse ever
@DonVigaDeFierro
@DonVigaDeFierro 3 жыл бұрын
Not just any hacker... The infamous hacker known as 4chan...
@gmarefan
@gmarefan 3 жыл бұрын
Hacker known as WSB.
@DrTheRich
@DrTheRich 3 жыл бұрын
It's not laughable if you realize they will use this to drive yet another nail in the coffin of free speech and free internet
@WhyBeNick
@WhyBeNick 3 жыл бұрын
One of the CNBC "experts" earlier dropped the Russia card. When in doubt, "Russia did it!"
@Janzer_
@Janzer_ 3 жыл бұрын
boomerSpeak
@TheHendrixHayes
@TheHendrixHayes 3 жыл бұрын
You say you're not a financial professional, but your videos are the most accurate coverage of the GME events I've found. You're outclassing every Financial rag & major paper.
@ChefVal1
@ChefVal1 3 жыл бұрын
Louis Rossmann - One of Us!!! I've been watching your videos for over 2 years and I'm so glad you're branching out! Never thought my interests outside laptops and technology would coincide with your other interests (WSB, RtR etc.) as well.
@davidharrington1133
@davidharrington1133 3 жыл бұрын
Absolutely no way should a hedge fund be bailed out ever. They are speculative vehicles by design.
@DrummerMark20
@DrummerMark20 3 жыл бұрын
And they contribute absolutely nothing to society.
@thetaomega7816
@thetaomega7816 3 жыл бұрын
The second they know they will always get bailed out, every hedge fund will not care about risk. They will yolo everything knowing they will be saved. Next bubble
@davidharrington1133
@davidharrington1133 3 жыл бұрын
@@thetaomega7816 It's called "Moral Hazard", why should they moderate the risks they take when their losses are nationalised and their profits privatised?
@someguy6075
@someguy6075 3 жыл бұрын
I think it's unlikely a hedge fund would get bailed out by the government. These are not the institutions that we depend on for savings accounts or small business loans, that got bailed out in 2007. Then again I'd not have imagined the fed propping up corporate bonds.
@davidharrington1133
@davidharrington1133 3 жыл бұрын
@@someguy6075 The banks that WERE bailed out in 2008 should not have been either. This has institutionalised moral hazard.
@JimCar71
@JimCar71 3 жыл бұрын
So, can we agree the media has the ability to frame an event in ways that manipulate perception?
@AtheismF7W
@AtheismF7W 3 жыл бұрын
and water is wet.
@somethinglikethat2176
@somethinglikethat2176 3 жыл бұрын
The Pope is catholic.
@hush_usa
@hush_usa 3 жыл бұрын
They’re the same picture.
@kevlarandchrome
@kevlarandchrome 3 жыл бұрын
Is a bear catholic? Does the pope shit in the woods?
@poofypoof6508
@poofypoof6508 3 жыл бұрын
Media is entirely deliberate with the words chosen. There's nothing coming out of a big news paper that does not particularly choose to say things for their message to come across.
@nexovec
@nexovec 3 жыл бұрын
"Who's there" "Urgent message for the vehicle owner, we've been trying to..." "I don't have a car, f**k you" ROFL :D
@stayanddrown
@stayanddrown 3 жыл бұрын
Here's the problem. Even if govt officials DO understand, they'll go with the hacker narrative. They want to protect their friends.
@wharjm01
@wharjm01 3 жыл бұрын
Yeah be on the lookout for new Biden EOs
@undeadnightorc
@undeadnightorc 3 жыл бұрын
This is what pisses me off. We may win this battle but people at the top will start to implement measures so that the plebs will never get this close to fucking over the 1% again.
@jackwilson5542
@jackwilson5542 3 жыл бұрын
Friends? More like people bribing them, why else would 90+% of Senate and Congress be multimillionaires? Corruption.
@TarsonTalon
@TarsonTalon 3 жыл бұрын
That doesn't mean they'll succeed. What are they gonna do? Send the military in to grab stocks that are worthless once they leave the owner's hands? There's no possible way they can make the optics look good, except to other people who are already evil. They had planned to take us out, one home at a time, and keep it quiet. There's no way to hide it if they have to come for us all at once.
@danieldyer1
@danieldyer1 3 жыл бұрын
There's an acronym for the hedge funds behavior, DARVO - deny and reverse victim order. The only thing I think the government /SEC should do about this situation is make sure the hedge fund eats its losses.
@speakshh.1302
@speakshh.1302 3 жыл бұрын
Only 5 minutes in but EVERYONE interested in this situation that doesn’t know what’s going on needs to watch this video.
@ClannerJake
@ClannerJake 3 жыл бұрын
sadly, people are apathetic, so it won't stop the CCP style purge that has been on a ramp up lately.
@randomhiphop5055
@randomhiphop5055 3 жыл бұрын
Buy GME!
@ajsim
@ajsim 3 жыл бұрын
"The invisible hand of the market struck... and finally fisted the right people in the ass" So good!
@munmunyee
@munmunyee 3 жыл бұрын
"I am proud to be an American today." I felt that in my soul. God bless you, Louis.
@Gamborg92
@Gamborg92 3 жыл бұрын
That statement, with that feeling, made me wish I was an american
@Yourbodymychoicelol
@Yourbodymychoicelol 3 жыл бұрын
As soon as I heard it I grabbed my AR 15 and began eating burgers. Man I love merica.
@sabin97
@sabin97 3 жыл бұрын
weird. i wouldnt have thought he had a drop of american blood in him. i would have guessed european.
@CarlsCozyCorner
@CarlsCozyCorner 3 жыл бұрын
@@Gamborg92 99% of the time being an American in the past 30 years can only be described as a whirling migrane the likes of which a pro football player with 20 concussions under his belt cannot comprehend.
@CarlsCozyCorner
@CarlsCozyCorner 3 жыл бұрын
@@sabin97 A massive part of Louis Rossmann's content is being based in NYC
@kazineverwind5267
@kazineverwind5267 3 жыл бұрын
The hacker known as 4Chan committed a hack under his old pseudonym: The hacker known as Reddit.
@CD-rk6lc
@CD-rk6lc 3 жыл бұрын
You beat me to it!
@Username18981
@Username18981 3 жыл бұрын
What interest would a Tibetan basket weaver have to do with this? 😁
@roridev
@roridev 3 жыл бұрын
@@Username18981 We like the basket. we like the basket. we like the basket.
@johnnybrown542
@johnnybrown542 3 жыл бұрын
Considering Ebaumsworld is gone already... that makes sense.
@tactileslut
@tactileslut 3 жыл бұрын
@@johnnybrown542 Is Ebaumsworld really gone? I see an already-outdated take on this same theme, even linking to Louis's third video back on the topic. gaming.ebaumsworld.com/articles/reddit-is-seriously-fing-with-wall-street/86564611/
@IzeckHempseed
@IzeckHempseed 3 жыл бұрын
This is people worried everyone will finally realize that the stock market is a nerd casino..
@ClokworkGremlin
@ClokworkGremlin 3 жыл бұрын
I've been saying stock markets are legalized gambling since I got into investing, over ten years ago.
@inefffable
@inefffable 3 жыл бұрын
"Hey! That stock market bailout wasn't meant to go to the citizens!"
@EEVblog
@EEVblog 3 жыл бұрын
BREAKING: r/wallstreetbets has now been set to private
@nowaskmehow
@nowaskmehow 3 жыл бұрын
Ah, freedom...
@ugoekwegh4581
@ugoekwegh4581 3 жыл бұрын
Dayum🙆‍♀️
@Cbd_7ohm
@Cbd_7ohm 3 жыл бұрын
Pussies
@travi1997
@travi1997 3 жыл бұрын
And GME down 30%, they’re fighting back :(
@goldenstarmusic1689
@goldenstarmusic1689 3 жыл бұрын
This is disturbing.
@og4963
@og4963 3 жыл бұрын
Only commenting to be part of this historic event.
@TheZeusIsHere1
@TheZeusIsHere1 3 жыл бұрын
🚀🚀🚀🚀
@razzasteeppeeps2874
@razzasteeppeeps2874 3 жыл бұрын
Same here
@chgo-kj7cj
@chgo-kj7cj 3 жыл бұрын
joining i guess
@wizard680
@wizard680 3 жыл бұрын
Stonks
@yupallday
@yupallday 3 жыл бұрын
🚀🚀🚀🚀🧨
@paulmills6189
@paulmills6189 3 жыл бұрын
Hedge funds overplayed their hand, and got caught
@nonamenameless5495
@nonamenameless5495 3 жыл бұрын
This reaches further than anything (bad) that s been established, this reaches a degree like saying: "okay, the financial world is a casino where the high rollers own the bank and the bank must always win and if it doesn t, it s illegal or cheating or hacking..." I occasionally watch some of your vids and I value that you stepped up in the past and tried to help with your input in all the hearings you ve been to. This video incl. the message you re sending out, is by far the most important one I ve seen so far- thanks in the name of everyone around the world actually coz if they get away with this, it will worsen basically everything finance related to a degree it s a true game changer to the entire capitalist system- and things are already really bad in the finance sector of said system we all live in.
@dru4670
@dru4670 3 жыл бұрын
" The invisible hand of the market fisted right up in the ass " - Louis Rossmann 2021
@cliffmode2000
@cliffmode2000 3 жыл бұрын
9:16
@nutt_butter1793
@nutt_butter1793 3 жыл бұрын
“And that’s what makes it beautiful.”
@poisenbery
@poisenbery 3 жыл бұрын
If the average citizen can independently trade stocks without having to go to a hedge fund for help, the hedge funds and brokers will slowly die out That is why they're afraid; we showed them we don't need big investors to do stuff for us, and that makes them afraid of losing everything.
@someguy6075
@someguy6075 3 жыл бұрын
Hedge funds have little to do with average citizens. They are private wealth management pools for wealthy and financially literate people, who move in millions at a time. The hedge fund managers are afraid of losing their competitive advantage, which includes being large enough to manipulate markets and connected enough to get away with it.
@supersonictumbleweed
@supersonictumbleweed 3 жыл бұрын
@@someguy6075 well said dude
@ralphhinckley4417
@ralphhinckley4417 3 жыл бұрын
Stocks are now close to 300
@matthewbaez2723
@matthewbaez2723 3 жыл бұрын
Trader: "This is a stock exchange! There's no money you can steal!" Bane: "Really? Then why are you people here?"
@sandwichbreath0
@sandwichbreath0 3 жыл бұрын
That very scene was in my head earlier today too haha
@ebecerra85
@ebecerra85 3 жыл бұрын
"The Fire Rises"
@RoqueSantosJunior
@RoqueSantosJunior 3 жыл бұрын
This is the real value of “Journalism” nowadays. [edit: I’m referring to the Jeremy Owens tweet and crap]. Other than that, I agree with everything said.
@satrioarif1797
@satrioarif1797 3 жыл бұрын
"This gamestop thing is not a joke" People: We know, we do genuinely want to hurt you, dear Wallstreet, the laugh is just the aftermath
@kungfujoe2136
@kungfujoe2136 3 жыл бұрын
this is 5th generation warfare
@petemasta99
@petemasta99 3 жыл бұрын
@Mark Goodwill I wonder what disrupted occupy wall street all those years ago 🤔
@Ninthtail9
@Ninthtail9 3 жыл бұрын
@@petemasta99 Obama and bulldozers..
@jacobwatson5484
@jacobwatson5484 3 жыл бұрын
Any money I make is a bonus. Fuck these Wallstreet hedgefund pricks. I won't advocate violence against them but I 100% advocate bankrupting the fuckers.
@ImKevan
@ImKevan 3 жыл бұрын
@@jacobwatson5484 my favorite thing about all of this is the few people in comments sections that i can only assume are also wallstreet investors or hedge fund managers saying things like "this isn't good, people are going to loose money", yeah probably, i think you know there's a possibility of that, but you don't really give a shit do you? you aren't doing this for the money, you don't leave work to join a protest thinking your boss is going to keep paying you on your time off just because the protest is the right thing do you?, you know you're going to loose out on getting paid, but sometimes the monetary loss is worth the non monetary gain.
@jbs.
@jbs. 3 жыл бұрын
Just tell boomers this is the exact thing that happened at the end of the 80s movie "Trading Places" where the Eddie Murphy character becomes rich and the two old white guys lose all their money.
@dirtsmcgee
@dirtsmcgee 3 жыл бұрын
Damn my olds and I love that movie
@formdoggie5
@formdoggie5 3 жыл бұрын
That's what I've been telling people. Told my mom exactly this example when she asked if I knew what was going on with gamestop.
@originaljamestown
@originaljamestown 3 жыл бұрын
Commenting for the algorithm. More people need to see this.
@TheO.C.G
@TheO.C.G 3 жыл бұрын
I love this guy
@BeyondSorrowYYY
@BeyondSorrowYYY 3 жыл бұрын
Totally agree
@Gener900
@Gener900 3 жыл бұрын
Snarf
@ArAcHnId777
@ArAcHnId777 3 жыл бұрын
Doing the same
@purplepeeps_
@purplepeeps_ 3 жыл бұрын
I agree
@davordebrecin2054
@davordebrecin2054 3 жыл бұрын
This was one of the most enjoyable expression of aggressive response to injustice
@faith9119
@faith9119 3 жыл бұрын
Hey, I'm a boomer and I knew this wasn't hacking, and I laughed all day. They lost their money, oh so sad, now get off the game board.
@chefcc90
@chefcc90 3 жыл бұрын
They want stocks to stop trading for a month and for the SEC to look into this. The people that gambled and lost are now claiming that they are the victims because they got socially engineered. That's all this is. People didn't like what was going on, and just squeezed hard enough to pop these hedge funds.
@dkosmari
@dkosmari 3 жыл бұрын
Not social engineering. There was no misleading from the WSB, it was all talked about in the open. "These hedge funds are making a ridiculous bet, I will buy some of the stocks they're dumping." The only immoral (and perhaps illegal) thing that happened was the hedge funds manipulating stock prices to profit from their clients' losses. If you start putting Macbooks up for sale on eBay at $10 just to drive the prices down and hurt Apple, and I buy all your Macbooks for that price, I'm doing nothing wrong.
@Ace1000ks19751982
@Ace1000ks19751982 3 жыл бұрын
If the little people play by the rules, and win they are called cheaters. Looks like we have two sets of rules in this country.
@missraeray
@missraeray 3 жыл бұрын
@@dkosmari great analogy
@dru4670
@dru4670 3 жыл бұрын
r/wallstreetbets an "institution" lol 😂. It's a bunch of trolls. No one is "co ordinating" on anything 😂. That's BS.
@asagoldsmith3328
@asagoldsmith3328 3 жыл бұрын
Griefers crying to the devs when they get griefed
@NYCMIAH
@NYCMIAH 3 жыл бұрын
Underrated comment
@thirtythreeeyes8624
@thirtythreeeyes8624 3 жыл бұрын
When they get scared it means you're making the right moves.
@warlordyo7085
@warlordyo7085 3 жыл бұрын
Love hearing you talk about stocks and the market Louis!
@WorkinDuck
@WorkinDuck 3 жыл бұрын
Tbh, I just like him explaining things
@RANDOMXNOTHING0
@RANDOMXNOTHING0 3 жыл бұрын
Breaking: Wallstreetbets are back in business. Check reddit.
@tachyon8317
@tachyon8317 3 жыл бұрын
Sweet!
@whuspr
@whuspr 3 жыл бұрын
Louis' microphone, talking pace, and black shirt reminds me of the sham WOW guy, but Louis is much smarter lol
@YI-hf6tv
@YI-hf6tv 3 жыл бұрын
wall street be like: OmG sOmEOnE FoUNd oUT wE ARe mANiPULatiNg THe StOCk mARkET TheY mUsT bE hACkErS WiTH iLl InTEnT
@frankmerker630
@frankmerker630 3 жыл бұрын
the biggest hack since the hacker known as 4chan hacked the internet
@guguigugu
@guguigugu 3 жыл бұрын
they have also been labelled "white supremacists"
@shaunenwright7872
@shaunenwright7872 3 жыл бұрын
guguigugu so is everyone that’s an actual threat to their power. It’s our generations “communist” or “witch”
@xxXMusickXx
@xxXMusickXx 3 жыл бұрын
​@@guguigugu Wallstreetbets is comprised of an international community of users from multiple races & cultures from around the world. When brokers in the U.S. stopped trading there was a thread made of international users showing their support & still buying. They can fuck right off with that witch hunt label.
@nutronik9
@nutronik9 3 жыл бұрын
It doesn't help that this society calls everything that makes life easier a hack.
@shiftyjedi3417
@shiftyjedi3417 3 жыл бұрын
Not society, online media for trendy a$$ suburban women.
@WanderTheNomad
@WanderTheNomad 3 жыл бұрын
Yea, in general, whenever people in society overuse a word for multiple situations, it starts to become meaningless.
@BitterCynical
@BitterCynical 3 жыл бұрын
Capitol was well and truly a mostly peaceful protest, yet the feds are going after participants as if they burned the place down to the ground. So too are the many common people that participated in this investment hype going to get treated like stock manipulators, financial criminals. At this rate the elite will soon be reminded of another meaning for the word hacking - hacking to pieces with an axe, American Psycho style.
@mikeyjohnson5888
@mikeyjohnson5888 3 жыл бұрын
While not completely without bias, you may possibly be one of the most objective people to exist on youtube. Keep that up man. Keeps me comin back. Lol about the car extended warranty scam call. I get a few of those a week.
@donblack1571
@donblack1571 3 жыл бұрын
Your video needs to be shared everywhere.
@perocaster
@perocaster 3 жыл бұрын
When individual shorts and gets rekt, they get broke and end up with a lot of problems and debt. But when hedge fund does it and gets rekt its called hacking and they get free money to avoid debt and problems... Something is rotten in Denmark
@iaobtc
@iaobtc 3 жыл бұрын
"Our country is run by people who do not understand technology" Any millenial that has ever held a job can relate
@Chrysaetos3
@Chrysaetos3 3 жыл бұрын
I really felt that! It's so frustrating that those people are making the laws on something they don't understand. If there's just _one_ good thing about this past year, it's that understanding technology has no longer become a choice. The out-of-touch who refuse to learn and use it to improve our lives have been forced to get to grips with it.
@sandakureva
@sandakureva 3 жыл бұрын
Have a job in tech. I am the youngest person on staff.
@iaobtc
@iaobtc 3 жыл бұрын
@@sandakureva RIP
@iaobtc
@iaobtc 3 жыл бұрын
@@Chrysaetos3 Or you can end up in my situation where the out-of-touch make a half-hearted compromise that is objectively worse than before by making our workflows more complex and less efficient, and then blame the younger employees when it fails KILL MEEEEEE
@iaobtc
@iaobtc 3 жыл бұрын
@@paukenkiger SILENCE BOOMER *ZAP*
@VulpesHilarianus
@VulpesHilarianus 3 жыл бұрын
Imagine a subreddit so powerful that the billionares of the world become terrified of them. This world is insane.
@Miscelanou
@Miscelanou 3 жыл бұрын
But our elon muskrat and chamit pahihauabhgmskhdbak are pretty fuckin chill Gigachads
@deadspaceinferno
@deadspaceinferno 3 жыл бұрын
I’ve got mad respect for you! I’ve enjoyed your previous videos. However, this video finally made me subscribe. Truth speakers, like yourself, need to be recognized. If it means anything, people like you are the “why” I joined the US Army. If you ever need someone to have your back, I promise to do want I can to help.
@bloodsoup031976
@bloodsoup031976 3 жыл бұрын
GME is at 138% shorted right now. So even higher than when he made the video. Shit is crazy.
@cryora
@cryora 3 жыл бұрын
I just find it funny that of all companies it's GameStop that this is making headlines in.
@lllxVxlll
@lllxVxlll 3 жыл бұрын
Power to the players
@HRRRRRDRRRRR
@HRRRRRDRRRRR 3 жыл бұрын
No shit, if they get away with shorting GME while it's at $300+, _and_ all of this hilarious madness is undone, they'll make a killing.
@Schlabbeflicker
@Schlabbeflicker 3 жыл бұрын
@@cryora FUCKING GAMESTOP
@DiTo940
@DiTo940 3 жыл бұрын
260%
@_lemonny
@_lemonny 3 жыл бұрын
The DD on GME some people posted on r/wallstreetbets was absolutely nuts. Some guy posted an article and a link to a PDF that was like 22 pages long. It was basically full of information on why the short squeeze was going to be so massive.
@jakext2095
@jakext2095 3 жыл бұрын
Have a link?? I didn't see that yet
@iamarya2k21
@iamarya2k21 3 жыл бұрын
can you share the source link?
@_lemonny
@_lemonny 3 жыл бұрын
@@jakext2095 They posted it two or three weeks ago (when the price was still around $19), so it's probably buried by now. Just look through older posts related to GME and you'll stumble across it. I don't have the link handy.
@ChengTeoh
@ChengTeoh 3 жыл бұрын
uh-oh Discord banned the r/wallstreetbets server and now they went private ... where will I get my daily dose of memes and tendies. :(
@SNNetwork
@SNNetwork 3 жыл бұрын
Wtf why
@JosephAng
@JosephAng 3 жыл бұрын
@@SNNetwork authoritarian tech dystopia
@WyattWinters
@WyattWinters 3 жыл бұрын
It’s back up don’t worry. Mods were scrambling to get a hold on bot-spam and had to shut down for a hot sec since auto mod couldn’t keep up
@SNNetwork
@SNNetwork 3 жыл бұрын
@@WyattWinters not the discord
@Throatybee
@Throatybee 3 жыл бұрын
@@SNNetwork hate speech for discord
@cenccenc946
@cenccenc946 3 жыл бұрын
hey hedge funds: prior performance is not a guarantee of future performance. LOL!!!!!
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