OT: $GME
- Thread starter John_J_Rambo
- Start date
Not quite. College educated, but not a liberal with rich parents. I paid for my college, than started my own business that has no relation to my degree. I don't belong to any political gang and therefore am able to just call balls and strikes. I don't have that dogma in me to believe bullshit like religion or that one party has your best interest over the other. I think for myself
You arrived at this diagnosis after reading 5 of my posts on a forum? Don't you think that's a little rash? I mean you don't even know my reasons for objecting in the first place...
I have political, moral, and religious disagreements with people all the time. It is essential to my line of work. I think I am quite good at studying topics objectively. I've been trying to do it for the better part of my adult life.
One of the things I've learned in teaching courses on ethics, logic, philosophy of religion, and critical thinking is that if you have to use strawmen and ad hominemns to make your point, your argument is weak.
Honestly, your attempt to soft snitch on someone is what caught my attention. If you embrace a political party, I question your objectivity.
lack of favoritism toward one side or another, lack of bias.... thinking through the lens of a democrat/liberal/socialist/conservative is very close minded and non objective
If your notion of objectivity is incompatible with having political views and moral beliefs, it is a ridiculous one. Ridiculous because it's something that no human could be.
Maybe you don't think that and instead think I'm approaching this from some liberal bias. But ojecting to the posts I did and pointing out they are against the policies of the bored doesn't mean I viewed them from a liberal bias. Obviously I disagreed with them or I wouldn't have taken issue. The grounds of my disagreement could also just be that I want the policies enforced because I find the posts annoying, not offensive.
Believe me, it is possible to not think through the lens of politics. Ethics/morals are very different from politics. I went to college with a group of lifelong friends, none of us were political at all. A few of them were absorbed by the liberal groupthink that is widespread at most major universities. Now they are "educated" and most of their opinions are now skewed towards politics or more so being politically correct. When you walk on eggshells like that, it starts to alter your thoughts and perceptions to a defensive stand point, and it turns into "there are 2 sides and i am on the right one". Eventually the start to dismiss opinions of those that don't have degrees, and dismiss the other political gang as jaded/ignorant while proudly wearing the badge of PC pandering and the soft bigotry of low expectation displayed by their political gang. Political party's really just reveal in which way you have been jaded, i reject all that bullshit. Same as religion. I call balls and strikes.
So you think your identity as a person is separable from your identity as a citizen. Logically, sure. Political institutions and parties are human constructions. 50,000 years ago people lived without political identities. Not today. Practically, it is impossible to live a purely apolitical life because it is impossible not to live as a citizen. By paying your taxes you're are taking a political stance. Along with countless other acts.
Look man, involuntary/required duty as a citizen is far different from dogma. If you cant see that, you just won't get it. Keep justifying your allegiance to a political party. We all pay taxes, we don't all push dogma like it being ok for a little girl and her mom to see a big hairy cock in the Women locker room, just because he decided he wanted to be a woman and PC dogma wont allow you to call it like you see it. I am curious, have you ever heard of a guy named Thomas Sowell? If you can't fathom non partisan intelligence, it looks something like that.
I guess you weren't saying you can divorce your identity as a citizen. You think you can live without making political judgments. I'm skeptical, but I suppose that is possible. One reason I am skeptical is the way you talk about your friends. Is your anti-PC stance not a political judgment? What is it then, moral? How do they differ? No need to answer that bitni think it's both.
In any case, there appears to be no substantive disagreement between us.
In any case, there appears to be no substantive disagreement between us.
Or how about staying on topic instead of a political passing match.
I CAN see that. See my post above. Again, though, you keep saying things that sound quite political. Is your heteronormative stance not a political one? Also, you keep accusing me of some bias that you've produced no evidence of. You know who I listen to about transgender issues, since it's something I know almost nothing about? Scientist, psychologists, and trans people. Not Democrats. Not Republicans.
You're right. I'm done. Thanks for the reminder.
It started as a conversation about objectivity and quite obviously become about what I was objecting to in the first place!
i am saying people who are above TV dinner 5 nights a week intelligence need to pull their head out of the politics. I would hear my buddies say things like " i took 2 years of poly-sci" as some kind of qualifying statement from authority in a discussion on politics, neglecting the fact that others, at the same school, with the same lesson plans, have different opinions, and some of them perhaps got better grades in those courses. College showed me how they split up the smart ones to fit into 2 large, welcoming, enabling groups, or a fringe group that refutes it all. I wish there were more in the fringe that think most of that shit is b.s.
Both sides STFU, start your own political pissing match thread.
Ending on this. You sound aggrieved and resentful. Whether that is because your college really tried to indoctrinate it's students or you didn't like having your beliefs challenged I can't say. I wasn't there. I'll just say that if you were in one of my classes I would have been ashamed to discover that you came away from my class feeling that way. It's antithetical to why I teach and everything I stand for.
Enjoy being politically driven. I went to UNL. There is a constant attempt there to push politics. When math professors are setting aside days to talk about how black people are still being held down by white people, there is clearly poison in the well. I enjoy the sparring, try to keep dogma out of your classroom.
Way to go, you've ruined this thread.
Found a good analogy of the GME Reddit run... people were asking how it happens.
If your friends and family are wondering why you're buying $GME @ $300, maybe you can explain it to them like this:
There's a rich kid in town. Let's call him Melvin. He thinks he's really smart. He finds a coupon for $5 off the new Nintendo Switch during the holidays with no limit on number of units. This is easy. I'll go ahead and sell the Switch now for $200 and then buy it for $195 with the coupon. Easiest $5 I'll ever make. He goes and tells all his parents' friends at the Citadel Country Club that he can get them the new Nintendo Switch for their kids. He collects $200 each from 200 parents. He now has $40K and will use that money to purchase Nintendo Switches for $39K. He'll have earned $1K in just a few hours. His parents will be so proud.
There's another kid watching Melvin this entire time. Let's call him Keith. Keith doesn't like Melvin. Keith is good friends with the guys over at Gamestop. He finds out that there are were only 100 new Switches shipped to the entire country. Keith and his 99 friends buy all 100 Nintendo Switches on the spot.
Later in the day, Melvin goes to Gamestop with his $5 off coupon and says, "I'll take 200 Nintendo Switches please." Gamestop guy looks at him and says, "Sorry, we're all sold out." Melvin goes to the next Gamestop. Same story. All sold out. He goes to all the Gamestops in the city and can't find a single Switch. He won't be able to fulfill the orders.
Meanwhile, Keith is telling all his friends about what Melvin promised the members at the Country Club. Nobody sell him the Nintendo Switch that you bought, no matter how much he offers you. Nobody likes Melvin, so everybody holds on to their Nintendo Switch.
Melvin is in trouble. His parents rich friends are all asking when they are getting their Nintendo Switch. Melvins parents are angry, but they don't want to lose their standing in the Citadel Country Club. They have to help Melvin gets 200 Nintendo Switches.
The price of Nintendo Switches in the city skyrockets. Melvins parents were able to get a few units from Keiths friends, but they had to pay really inflated prices for them, first $1,000, then $2,000, now $3,000. It's nearing Christmas, and every rich parent at the Country Club is desperate for the Nintendo Switch they promised their kids. They can't trust that Melvin will be able to get them one. They all start bidding against each other for Switches. Everybody in town is in on the action now. Everybody wants to get a Nintendo Switch to sell at the country club for $10,000. Meanwhile, Keith and his friends are just hanging out and playing Animal Crossing.
Every day that Melvin can't get hold of the Switches the parents have already paid for, he has to pay a forfeit to each parent for their trouble of waiting for them. And the more expensive these Switches get on the market, the higher the forfeit, because these parents should by rights already have these Switches, regardless of how expensive they've gotten. Melvin tries to put off paying the higher market price as long as possible in the hopes that it will eventually go down. Eventually the forfeits become so large, Melvin has no choice but to swallow his just desserts and just pay market price for the Switches.
If your friends and family are wondering why you're buying $GME @ $300, maybe you can explain it to them like this:
There's a rich kid in town. Let's call him Melvin. He thinks he's really smart. He finds a coupon for $5 off the new Nintendo Switch during the holidays with no limit on number of units. This is easy. I'll go ahead and sell the Switch now for $200 and then buy it for $195 with the coupon. Easiest $5 I'll ever make. He goes and tells all his parents' friends at the Citadel Country Club that he can get them the new Nintendo Switch for their kids. He collects $200 each from 200 parents. He now has $40K and will use that money to purchase Nintendo Switches for $39K. He'll have earned $1K in just a few hours. His parents will be so proud.
There's another kid watching Melvin this entire time. Let's call him Keith. Keith doesn't like Melvin. Keith is good friends with the guys over at Gamestop. He finds out that there are were only 100 new Switches shipped to the entire country. Keith and his 99 friends buy all 100 Nintendo Switches on the spot.
Later in the day, Melvin goes to Gamestop with his $5 off coupon and says, "I'll take 200 Nintendo Switches please." Gamestop guy looks at him and says, "Sorry, we're all sold out." Melvin goes to the next Gamestop. Same story. All sold out. He goes to all the Gamestops in the city and can't find a single Switch. He won't be able to fulfill the orders.
Meanwhile, Keith is telling all his friends about what Melvin promised the members at the Country Club. Nobody sell him the Nintendo Switch that you bought, no matter how much he offers you. Nobody likes Melvin, so everybody holds on to their Nintendo Switch.
Melvin is in trouble. His parents rich friends are all asking when they are getting their Nintendo Switch. Melvins parents are angry, but they don't want to lose their standing in the Citadel Country Club. They have to help Melvin gets 200 Nintendo Switches.
The price of Nintendo Switches in the city skyrockets. Melvins parents were able to get a few units from Keiths friends, but they had to pay really inflated prices for them, first $1,000, then $2,000, now $3,000. It's nearing Christmas, and every rich parent at the Country Club is desperate for the Nintendo Switch they promised their kids. They can't trust that Melvin will be able to get them one. They all start bidding against each other for Switches. Everybody in town is in on the action now. Everybody wants to get a Nintendo Switch to sell at the country club for $10,000. Meanwhile, Keith and his friends are just hanging out and playing Animal Crossing.
Every day that Melvin can't get hold of the Switches the parents have already paid for, he has to pay a forfeit to each parent for their trouble of waiting for them. And the more expensive these Switches get on the market, the higher the forfeit, because these parents should by rights already have these Switches, regardless of how expensive they've gotten. Melvin tries to put off paying the higher market price as long as possible in the hopes that it will eventually go down. Eventually the forfeits become so large, Melvin has no choice but to swallow his just desserts and just pay market price for the Switches.
Can’t Melvin just return the money and say ‘sorry, it was all sold out’?
Soon we will all be rich and get along!
Buy buy buy hold hold hold!!!
**very much, in every way, not a financial advisor
Buy buy buy hold hold hold!!!
**very much, in every way, not a financial advisor
Watched an old movie with a bunch of old crooked men playing poker and at the end of the game they all claimed they were up....this stock reminds me of that.
Looks like the Reddit crowd has turned their attention towards Silver?? Be real curious if they can manage the same result they did with Game Stop. That would seem like a tall order to me.
Much bigger market. Short interest is probably bigger here and the manipulation is significantly higher (read: the government could squash this hard).
It's a tall order because of size and who they're going against. They could maybe run it up to the mid 40s but I don't see them squeezing people to the 1000s. It's simply too big...
UNLESS.... they all take physical delivery. If that happens it would skip straight to 1000 because there isn't that much silver. Call me someone with zero faith in humanity but that's way too much effort for that type of investor.
