What should you do? (not financial advice)
Just AMC and Doge. Too bad I only threw pocket change at them.
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Is doge worth it? never used any crypto or know how it works
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i like to take my extra quarters and super glue them to the ground and watch people try to pick them up.
money well spent i tell you what. and if you use epoxy you can consider it an investment as itll be there for years.
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Sold third of what I have two days ago for a bit over $13,000. Will hold onto the rest, I think it will only rise up at this point. Still can't wrap my mind around it that I made so much money out of fucking nothing
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I had 200 shares but I sold when it first popped for 31$ OMEGALUL
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That's what those paperhands get you!!
Diamond Hands :P
And I mean, you can still come in with the profit you realized
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Well even if I didn’t sell I would have sold on Monday as my risk tolerance would not go that high , still part of the BB gang and holding 350 shares that I bought back in December at half the current price .
At least I manage to make it out of the week with 3.5k In gains from yoloing BBBY calls last Friday morning
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That's a decent profit. Sad that the 15c didn't get exercised on BB today, but the focus was all on GME. Still made them a big loss! Diamond hands your BB!
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Ive been diamond handing my BBBY call that i got for 1.2$->3$->21$->5$->8$->25$->9$ these were the swings the last 5 days LOL
i had 2 more calls that i already sold for a nice profit so this trade is risk free with opportunity costs , praying that BB and BBBY goes up on monday
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I have no idea how the current situation is on BBBY, but BB might be looking at a better condition on Monday. Good luck with that (not so much anymore, since you took profit from other calls) YOLO
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I wish. I saw the thing unfold when shares were around 30$. Never dabbled in trading before, just lurked WSB for the lulz. Kinda eating my hands out for lacking the experience to operate them brokers and because it's pretty late for me to jump on board anyway, especially with the dodgy behavior of some brokers recently.
I hope that when everything is ended someone will make a meme recap video with eurobeat and billionaires crying.
Godspeed you beautiful bastards.
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Not a financial advice, but it is not too late. Made some family come in today.
Good brokers might be Fidelity and SoFi. They have instant deposit/approval and didn't have any limits set on stocks.
And be sure, there will be a lot of reviews lol
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not easily doable in my country otherwise i would be joing these apes going to the moon and beyond. Keep those diamond hands strong boys
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Which is it? Maybe I can help. There were lists of brokers per country that might help you. I am also not from the US and am using Avenue (Brazilian broker) for it.
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Sorry, this one went pst my head. For SA, a great one is actually a broker that has a Brazilian focus. Passfolio. Pretty good (lack of) fees and very practical. Also take a look at eToro
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Would appreciate it if you know of any possible options for Ukraine.
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If you want to trade options, Saxo Bank is the way (but you gotta be rich for that, min deposit is 10k). Just normal stock, go for eToro or XTB. Take a look into their fees, including inactivity.
And as always, Interactive Brokers is an option. But they are extremely bureaucratic (in the meaning they take longner to process your account opening and ask for more data)
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Thanks a lot for the tip, will check those out. :)
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I'm in. Bought a couple yesterday and a bit more at open today. I'm down at the moment but holding strong
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some douchebag bet very heavily that shares (aandelen) in gamestop would go up, then went on reddit and convinced a whole bunch of people to buy gamestop shares. That caused the price to jump, so more people on reddit started buying the shares. It's been swinging up and down like crazy for the last two days, but, when all the commotion dies down, the price will go back to where it was to begin with, and while some people will make a profit, far more will lose out.
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Nope.
It's a reaction to market manipulation, not the cause.
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Hey, we have a CNBC believer here.
First of all, u/DeepFuckingValue has been holding GME for almost 2 years. 2nd, what is causing the price to go up is the completely insane float short % that the hedge funds thought was cool. Literally having more shorts than stock available.
People KNOW they have to get those shares back. They don't have an option not to cover those shorts. They took borrowed shares and now they need to return it.
If there is not enough shares available on the market, price goes up. Basic capitalism, supply and demand. They HAVE to make due with their payment. And because the shares to do that are with us. we decide the price for that. Add the interest they are paying daily while they don't finish those shorts.
This is 2008's payback. And you, are plain wrong and rooting the 1%.
Have a good night.
PS: Btw, this was an "Explain like I am 5" brief. We can get into more detail if you want.
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To be fair, most media outlets are happily painting this as "internet kids rigging the market." So, I don't exactly blame those who haven't researched beyond the headlines.
It's a pretty unique scenario that's almost guaranteed to never happen again.
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I mean, at the current stage of capitalism we find ourselves in, this is probably gonna happen again in another 15 years or a bit less.
Take a look at the 2008 crisis. Michael Burry is a good example of someone doing the same as us. Or 2005 VW, but because the shares were concentrated on Porsche's hands, they cut a deal with the funds. That can't happen on a scale this big of retail investors.
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By guaranteed, I mean that regulations will be slammed down from allowing individual investors to do something like this again. The upper echelon investors will always operate under different rules (like they do now with premium stocks and after hours trading).
SEC isn't going to do shit. Some wrists will be slapped and the doors will close on little guys.
Of course I don't want this to happen, but we all know how this is going to play out. Again, look at how it's already being painted to the general public.
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Oh, that is almost certain. I bet the regulation for us is gonna be pushed pretty strongly soon.
However, it will bring a LOT of negative public opinion upon companies and the representatives that push for that. They will be seen as what they really are, and that makes the upcoming regulations (just a lil lil lil super small bit) less bitter.
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got a smart cookie over here, take a whitelist
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Where you finding these gems? Haven't seen them on wsb. Saw some pretty good ones at goodanimememes tho
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Thanks for the 5 year old version. I’d reply with the teenage version, but I fear it’d go over your head
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Oh no, please do reply.
While you are at it, explain if you understand the difference between a pump and dump like what happened with DOGEcoin and what is happening with GME, AMC and BB.
Also, feel free to lecture me about shorting and how it works. And how shorting a company repeatedly has only in mind devaluing it to the floor. Shorting it in more than 100% the amount of shares available for it in the market.
More “ELIA5”:
• Lets say 5 bananas cost 10 bucks
🍌🍌🍌🍌🍌/💲🔟
• Monké has 5 banana
🦍🍌🍌🍌🍌🍌
• The snake asks to borrow the 5 bananas for a while, but the snake sells them awaiting for a price fall (shorting). It thinks it can buy the bananas for a lower price later, to return them to the monkey and take profit on the difference.
🐍💭📉🍌🍌🍌🍌🍌
• A group of self-called autistic monkés discovers that the snake is a fucking idiot and decides to buy ALL available bananas, until there aren’t almost any bananas on the market and the snake has no other choice than to buy from the monkey group to return the borrowed bananas.
🦍🦍🦍🍌🍌🍌🍌🍌🍌🍌🍌🤣😂
• While the monkés together stronk group have DIAMOND FUCKING HANDS and don’t sell the bananas, prices go up and STONKS.
🦍💎✋🚀🚀🚀📈🚀🚀🚀
PS: to clarify... The monkeys are wsb, snake are some of the billionaire wedge funds that fucked up and sold more bananas than their existing number for them to buy back... Why they did it? Because they did it multiple times in the past with little to no consequences. They bankrupted and destroyed a lot of companies and people without a care in the world. The closer they got to getting fucked was the VW short squeeze, but Porsche saved their asses.
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what do you think is gonna happen when those autistic monkeys stop using their money to buy bananas?
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What do you care? Honestly. You're railing pretty hard against this because... why?
If you're not interested, that's fine-- leave it be. Otherwise, you're just a dude standing in the casino telling consenting, of-age adults, that gambling can be bad.
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Who's railing? Lugum asked a question and I answered it.
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I suppose railing is a bit of hyperbole, so please excuse the exaggeration. You just seem to be antagonistic toward the OP and thread.
I'm only saying that there's no need for the snarky "a fool and his/her money are soon parted, I've seen this all before" wisdom posing. We've all seen it before. There's likely not a person here who wasn't affected by the great recession whether directly or indirectly. That's exactly the experience that's being weaponized at the moment.
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So this thread is an echo-chamber only for like-minded people?
Sounds familiair, are we storming any buildings later? ;)
It's a nice symbolic move, but the monkeys don't have very deep pockets, so they win the battle but lose the war...?
Unless they can keep making moves the Hedge Funds can't anticipate.
Plus there is the risk of monkeys getting so rich they join the dark side once this is all over, people tend to forget/evolve their principles once they get some money.
If I were a Hedge Fund or rich guy, watching the market 24/7, I'd have joined the melee and be riding the wave recuperating money while losing it. The fund might go belly up, but the individual wont.
I've been watching Doge, BTC, ETH, etc, there's a lot of outsiders jumping on board and cashing out early, leaving a lot of bagholders behind, some investing their entire portfolios.
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So this thread is an echo-chamber only for like-minded people?
Sounds familiair, are we storming any buildings later? ;)
That's a terrible misread, but whatever. I simply don't understand the point of preaching abstinence. Folks are gonna fuck.
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And they are welcome to do so, I'm not against it, I am however giving my opinion on it.
While I was typing my reply you yourself said you used a bit of a hyperbole when dingbat gave his opinion, so I did not misread I just didn't see you correcting yourself.
I don't understand the point of telling others they should just stop talking because they are ruining the thread with a counter-message. Folks are gonna argue.
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Suggesting that calling the original organiser a douchebag is a weird stance to take, isn't the same as trying to uphold an echo chamber though? That's less of giving an opinion and more of a random jab out of nowhere? It just seems to have no basis.
Yeah, some people might get stung if they don't profit from their participation, but afaik they weren't misleading about it, so the post had a weird smell to it, especially given market abusers don't really warrant defending? As long as the participants are willing, and understand there are risks, then as far as I can see there is no real objection to be made. Those involved don't NEED to permanently change the entire investing paradigm, doing it just once doesn't make it remotely bad just because there isn't follow-through. Even if it just amounts to a symbolic or cathartic exercise, none of that casts shadow upon the participants or organiser, so its only natural that someone might quirk an eyebrow at someone against it to the point they were prickly from the outset.
And yeah, Escruidin was patronising in their explanation, and such a shit-eating tone would naturally get backlash from most forumites (sorry Escru, but seriously :P), yet they're a different person to DoctorOfJournalism, who had even previously noted that it could be down to media spin that Dingbat held the view they did, perhaps mistaking exactly which side is the 'underdog' and which is the 'bully'. DOJ might have used mild hyperbole in their phrasing, but calling this an echo chamber and likening it to a certain recent storming of buildings is waaaay less subtle and missed the mark by a market mile, IMO. :P Like I might have got where you were coming from had it been directed at Escruidin but this just seemed like a bit of a wild potshot?
Its pretty confusing all in all, because I normally feel Dingbat and yourself tend to be pretty on-point in discussions (or bickering) that come up, so now I'm just left wondering if there's some actual little info-nugget or actual counterpoint that hasn't been brought up? Like after the initial scuffle, did Dingbat just decide it isn't worth trying to discuss in detail on some actual salient secret "this seems like a good clapback but actually its damaging stuff other than the market manipulators"? When certain tones are involved that's certainly appreciable. Or maybe Dingbat just originally came off stronger than they meant to?
(feel free to step in here any time Dingbat, now it just feels like I'm talking like you're not here, heh)
Because otherwise yeah, folks are gonna argue, but part of said arguments can be "Where is this even coming from?" or "Why the shots fired?" without it meaning no dissent is tolerated. :P
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The "storming a building" part was a bit of a poke, I should have used a jpeg or gif instead of a wink I guess, the regular ascii winks have lost their effectiveness...?
To me it looks like after the initial movement left Reddit it quickly turned into a pyramid scheme, the earlier you joined the saver you are from a loss. Now it feels like people are recruiting gullible people that don't realize they have a much thinner safety margin than the people that signed up before them.
In the end the effectiveness will all depend on how long people are planning (or allowed) to keep going with this. From the past we know Occupy got a few people a small pay rise and that was it. Maybe putting their money (instead of their body) where their mouth is will reap more rewards for all, and not a few.
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It came out recently that one of the people who heavily pushed the GME swarm is a financial professional who had loaded up on options a little while before, so he literally made millions and cashed out.
This is a new form of market manipulation, kind of a cross between a Pump & Dump and a Lure & Squeeze, but it's still (at least with respect to that person) clearly market manipulation, which is illegal.
As for the "little guys" who got rich getting in at the start, good for them. I hope they cash out before they get hurt. But plenty of other little guys who got in late will get hurt (it is akin to a pyramid scheme after all). And despite what people think, generally the hedge funds won't get hurt - they'll just ride the wave. yes, some hedge funds were unable/unwilling to do so and got hurt, but other hedge funds jumped in and took their place. The overall short position on GME has barely changed, because professionals know this is temporary, and eventually things will go back to normal; the market fundamentals for Gamestop haven't changed
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Deepfuckingvalue is the dude thats been the main driving force behind this movement and hes been in GME since sept 2019 when it was trading at single digits, he currently holds 43m options + stock that he built with 50k
If thats what it you call a financial professional of someone who literally was down 50% right when corona then idk what to say
Ive been lurking WSB since 2018 and when i saw this dude going all in on GME i too thought he was retarded , but yet he held thru all the way and was up to 4m before this GME pump, not sure how that is suppose to be market manipulation
are you really gonna go into fundamentals in the current market when tesla is at its current valuation?
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He is probably talking about Mark (Big Short), who also managed to get some money through GME. Dude didn’t cash out tho.
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It's $110 million a day in interest I think, so they can wait a while to see if it drops.
And like I said, there are some hard hitters playing both sides, watching their own algorithms all day long, if they pull the pin it could trigger a lot of paper hands.
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Yeah, there are gonna be some big winners and losers at the end of the day, and they may not be as expected.
But a lot of people are gonna get caught in the middle
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I mean, I really had a pointed high-up nose tone there. You are right about that lol :P
It was unintentional tho (kinda? I didn’t mean it). It’s just that after seeing sooooooo many people talk so much shot about you, a subculture you have a part of for a long time, doxxing and putting the security of others at risk, and lying blatantly on television for the whole world to see and judge you, I kinda got fed up. It’s bery frustrating.
But yeah, not really justifiable, so I would like to apologize to dingbat for the “superior”/patronizing tone. However, I would still point out that their description of the event as a scam (something done by criminals/bad people) is very harsh and extremely revolting and offensive to see directed at you.
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Edit: I too apologize for my tone
I don’t think everyone involved is scamming, but some of the instigators are.
It’a kind of impressive to pull off this kind of stunt, but while many followers might be doing it for altruistic purposes, plenty of people are purely motivated by profit.
As an aside, I used to work developing new financial products, before I decided to switch careers to something more beneficial to people. While I don’t pay too close attention, I still understand quite well the ins and outs of the stock market. anyone who thinks it’s fair or efficient is flat out wrong.
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Never was meant to be fair nor efficient. Just another instrument of control and manipulation. Sad to think about it like that, but true.
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- I simply don't understand the point of preaching abstinence
The first movers made a bunch of money. But people jumping on the bandwagon now will probably get hurt. Fundamentally, there's no reason GME shares should be priced as high as they are now, and when the current kerfuffle blows over, the price will drop back to where it should have been to begin with.
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Yes - it will collapse eventually - but the chances are that it could still go a lot higher before that happens. In your initial summary, it was evident you did not really know what was going on. A short squeeze has nothing to do with the fundamentals (apart from why the hedge funds shorted it initially)
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Yes, after the shorts are covered and cut, prices will go back to where they should be.
But you don’t cover 51M shorts in a day. Nor two. LOWEST REAL expectations is the price settling around 500$ until a good amount of shorts are covered (around 60-80%), and that only happens if there a bunch of paperhands.
And fundamentally, there is reason for the price of GME be as high as it is. That’s what you seem not to understand. This is an unique situation.
This differs in a traditional pump and dump by a LOT. This actually has a background “stabilizer” where you are guaranteed to have a buyer. And that buyer HAS to keep buying for some days. If it was a pump and dump, the stocks would just flood the market and there would be no buyers for it, driving prices down. Just like what happened with DOGEcoin yesterday and that is going to happen to XRP in a couple of days (currently being pumped).
One has guaranteed buyers for the shares. The other doesn’t.
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The hedge funds deep in shit are between doubling it down or just taking the L. But this whole movement is only being possible because of the OTHER funds (that would love to see their competition vanish) and some millionaires here and there also wanting to partake on the profit. Take a look at Fidelity i.e
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as long as these "autistic monkeys" don't sell the bananas, the price will go up.
because in this case, bananas don't regrow.
But yes, this will end at some time. The monkeys should know, that when they start to sell the price will drop.
This is what some monkeys already know.
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Correct. That’s why 💎🙌🏻 is super important and constantly being reminded
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a fool and his/her money are soon parted.
it's a scam, and while there's money to be made, there's money to be lost. I'd take the profit and run before the whole thing collapses
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You can just say that you don't know that's going on. There's no need to pretend that you do.
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Nice assumption.
It’s not the first time I’ve seen market manipulation, and I’m sure it won’t be the last.
This one was a lot less subtle than usual, but that’s about it
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Uhhhh, yes? WE JUST LIKE THE STOCK 🙌🏻 In the same way that shorting a company in more than 100% of their stocks to force their share prices to fall also is. And you are not saying a goddamn thing about that. 🙃 The thing is, we are making them think twice about manipulating the market again. Now they know their shady shorting tactics are something that can easily be countered, if they do it in excess.
But it is far from a scam and it is far from something that will collapse in a couple of minutes, let along hours.
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I guess it's hard for some people to admit when they are wrong. So clear from dingbat's posts that he was just throwing out clichés without actually having a clue what is going on with GME. I've been glued to r/wallstreetbets for a few days. Fascinating stuff - and totally unpredictable as to how it unfolds. I suspect we'll see more trade restrictions and more cheating to get the wealthy out of this downward spiral.
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Some funds will probably get bailed out (just like 2008). I have no doubt in my heart that some of the elite is gonna push for some trading restrictions for retail (all of you in the US, please be ready to pressure your reps and elected officials. This is a common cause between left and right, dems and gop, one of the first I have seen in recent years tbh. AOC agreeing with Cruz and Shapiro? Would never expect that).
And WSB is just awesome. You see literally everything there. Check one of the pinned threads. It is about the best stories in the sub. Gold nostalgia and I imagine super funny for newcomers.
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Yeah - that tweet of Cruz agreeing with AOC.... There will be movies about this, no matter how it ends and is far from over. I suggested Keanu Reeves as u/DeepFuckingValue - the regulars at wsb liked that, lol. His post history... wow. We're watching history unfold here for sure.
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I suspect we'll see more trade restrictions and more cheating to get the wealthy out of this downward spiral.
The trade restrictions was due to collateral obligations imposed by DTCC on brokers. There is a good article about it here: https://www.bloomberg.com/news/articles/2021-01-29/for-robinhood-a-dash-for-cash-after-traders-took-on-wall-street
Tl;dr: Trades don't happen in real time, and the crazy volatility made clearing houses nervous and forced brokerages to raise a shit ton of cash on a moments notice to meet their obligations.
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Yup, most people don't seem to realize the shitshow you get when brokerage firms are still selling things that have no supply. If they don't halt sales now they will be liable for millions of dollars of unfulfillable sales. If the broker carks it you're entire portfolio might magically disappear.
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True - they probably did do what was necessary - however, Robinhood faces massive SEC investigations and class suite actions. And for Ted Cruz to be agreeing with AOC that you can't have one set of rules for hedge funds and another restrictive set for retail traders. Also, not forgetting that these massive funds are calling on all favours and are getting support from the very people that are being hurt by wsb - that would include many with close ties to Bloomberg. Gonna be an interesting few days.
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however, Robinhood faces massive SEC investigations and class suite actions.
The lawsuit will probably go nowhere since they are not obligated to sell you every possible stock at all time and they haven't broken the wording on their contract. Also, the SEC said they will review the actions of brokerages, and they will probably side with them.
you can't have one set of rules for hedge funds and another restrictive set for retail traders.
But you don't. Institutional investors have faced this problem in the past, and being forced to come up with a shit ton of cash once things got iffy is not new. What is new is that we have a large group of retail investors that are all acting as a single entity, which gives them the same clout as other big players. The last big cash crunch with institutional investors that I can think of would be mortgage REITS back in March. Their stock imploded because of worries around liquidity.
Also, not forgetting that these massive funds are calling on all favours and are getting support from the very people that are being hurt by wsb - that would include many with close ties to Bloomberg
Wah? I'm sorry but this is borderline conspiracy. You probably do not know this, but short sellers are not popular even in the investment world. Many folks would be okay seeing activist short sellers being blown up since that is one less competitor to deal with, especially one who is trying to make them lose money. To activist short sellers credit though, they are very good at spotting fraud or just general dodgy shit. You can look up Citron Research's track record to get an idea of the type of work they do.
Now, if you want some real conspiracy, cyberpunk future hell shit that has a good chance of becoming true, I recommend reading up on the Problem of Twelve. Now that is something you could legit morph into some scary shit.
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i wouldn't use Citron as a good example as it is literally just one guy and he does shady shit, so many companies he calls fraud and casinos , there are many other short selling firms and individual that are much better than him so using that one as an example is not that great
Reference to some of his track record
https://imgur.com/a/QvKVC9V#5trJnQC
Gotten from here https://www.reddit.com/r/wallstreetbets/comments/l17618/citron_research_in_a_nutshell_gme_holders_read/
its one thing to call GME fraud but another thing to be calling shopify a fraud
Disclaimer i lost like 3k cuz of shitron so im very biased LMAO
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I went with him since he is one of the more established peeps among short sellers. I could have gone with Muddy Waters (Sino-Forest) or Fahmi Quadir (Valeant), but they are still "new" and don't have the same weight.
Citron's issue with Shopify can be found on their site; tl;dr: they claim that Shopify has inflated their numbers and the way that they promote their services is sketchy.
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Wah? I'm sorry but this is borderline conspiracy.
I don't mean blatant illegal shenanigans - but for example yesterday, we saw on many msm news feeds the headline along the lines of "Redditors set their sites on Silver" CNN, MSNBC, The Guardian to name but a few, for hours went with that story as an attempt to undermine wsb - SLV being something that Citadel is using to hedge, distract and rally against GME. However, if any of them had actually looked through the subreddit, they'd know it's simply not true. The site was flooded with new time posters and bots pushing SLV but was downvoted to oblivion - That should have been the real story. WSB regulars had said this is what would happen as Citadel are long in silver, and that the last thing GME holders should do, is to help out the hedge fund they are fighting. Illegal - probably not, but is surely deliberate misinformation and is what I mean by the elites calling in favours, the wealthy banding together etc.
You probably do not know this, but short sellers are not popular even in the investment world.
I'm pretty sure just about everyone knows this.
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The site was flooded with new time posters and bots pushing SLV but was downvoted to oblivion - That should have been the real story. WSB regulars had said this is what would happen as Citadel are long in silver, and that the last thing GME holders should do, is to help out the hedge fund they are fighting.
A few things: The subreddit has exploded in popularity because of this Gamestop news story, most of whom joined in the last week or so (they are at 8.3M at the time of this posting). The OG peeps are the minority and while it might be easy for those who been in the sub for an extended period of time to see who the regulars are, the same cannot be said for most outsiders looking in. I don't think the surge in silver was fully the result of wsb, but I wouldn't be surprised if some folks saw those posts and acted on it.
Also, Citadel is a market maker. Yes they have a hedge fund, but big part of their business is providing liquidity to the US market. Just because they hold a lot of silver related stock, it does not mean they are long on that position. Citadel makes cash by the spread between buying and selling a shit ton of stock. When you buy a stock, you are not buying it directly from some random person who also happens to be selling the exact same stock at that moment. You are buying it from either your brokerage's own books (who hold stocks on their own account to sell to/buy from their customers) or getting it from a market maker like Citadel. Finally, holding a long position on silver is not unique and hasn't been for well over a year now.
as an attempt to undermine wsb - SLV being something that Citadel is using to hedge, distract and rally against GME.
Why would Citadel care if they actively paying Robinhood to execute their retail trades. The more people trade, the more money both of them make. The only reason why Robinhood and other brokerages put a pause on this was because of a sudden increase in collateral requirements, but they probably made a shit ton of cash this past week (assuming things don't blow up in a spectacular way).
No one wants you to stop trading GME (except those who shorted it). They just had to slow you down a bit because there is an good chance that a shit ton of peep won't be able to make margin call if shit hits the fan.
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Registered on firstrade today. Mandatory 48hrs waiting period until i can burns all my monies.
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Welcome to the online casino.
For every winner, theres at least one loser.
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One/one is a most optimisitc estimate i guess :D
Only gonna spend what would end up as beer money anyway. Health happy, mind happy .... bank ... always wins.
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More like for every 5000 of us winning, there is one corrupt hedge fund losing. All the while they were manipulating the market to fuck the retail investor, now they are collecting what they planted.
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Its beautiful and theres going to be collateral damage. Anywhere from teachers to firefighters retirement plans tanking. The market is itching for an excuse to crash and is eyeballing Reddit as the patsy. The hedge funds have to liquidate their longs making everyone elses longs drop like a rock. Not the end of the world, just that the usual suspects will get bailed out and the rest of us will "learn" our lesson and recover in about 3 years.
I'm in, just keeping it real.
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They will probably get bailed out, just as every other time. But we are at least bringing some of them down. Melvin Capital is fuuuuucked.
Market has been wanting to die (again) since the first FED printing machine going BRRRRR in April. Notice the "steady" retraction it had the last days because of this movement. I do not think it will be a deeper tank than the one back in March, but it is gonna hurt some people. Going at 0% interest rate means stocks can only go up, and that's what the US government has allowed for the last months. But that can't keep up forever and they know it.
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When retirement funds see how toxic shorts are, they wont invest in hedge funds anymore. Just up front damage will happen on this road.
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to bad im dragging you in
imagine a buch of people who pre order games based on e3 vids 4 years away from being finished talking investing and stocks.
i lol at the irony
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LEEERRROOOOOYYY JEEEENKIINNNNNSSSS!
I can see this bubbling up an down for at least the next 6 months.
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im sorry i dont know who LEEERRROOOOOYYY JEEEENKIINNNNNSSSS is. can you please explain it to me, preferable in meme form.
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World of Warcraft
LOL! The meme started here:
https://www.youtube.com/watch?v=mLyOj_QD4a4&t=35s
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Got a few shares, but I have a sell limit not gonna ride it into the ground. I want to squeeze the hedge fundies as much as the next guy but I'm also aware that this is a bubble and will pop.
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For sure, but remember they can see your sell limits. That's how they fucked a lot of people over on Thursday. I am just keeping my eyes glued. No stop losses or defined sell limits. Diamond hands and I hope you make good use of your profit <3
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You trolling me or I'm showing my age....?
Classic party wipe.
https://www.youtube.com/watch?v=K2-3YacveiQ
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im guessing that was aimed at me.
im totally fucking with you, ive been playing games since they required quarters or blowing.
i spent a years allowance to get a nes as my mother was fooled into thinking games made you stupid and refused to buy me one after the atari.
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lol Asteroids had to deal with quarters with holes drilled and thread tied into them.
Atari with Space Invaders blew my mind and I'm looking for the next.
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As someone who missed those ages, "slugs" are the holed and threaded quarters?
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I'm too stupid/think I'm too smart to join the market at this point...
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This ^ People were using terminology I hadn't heard, and then there was mentions of REQUIRED purchases of stock for short sellers if they sold under a certain time frame. It all scared me from even trying. xD
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stock?
Do you think it will last forever?
Money and stocks.
Dividends and rights from stocks may vary from country to country.
However, in my opinion.
I feel like I said something during the New Year holidays...What was it?
┐(´Θ`)┌ooO(I had a traffic accident recently, so I forgot something ...)
UK BNO visa: Can Hong Kong residents now live in the UK? - BBC News
By the way, from about tomorrow, there was a sudden report that it would be impossible to escape from Hong Kong to the United Kingdom.
The impact on related countries and markets will be in the future.(soon)
If you have multiple investment options and you also have savings, it's okay if one of them fails.
Emergency bag. (Food stockpile and camping equipment) If you have such a thing, it will be okay.
I think that this year and next year will continue to be volatile.
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US Markets have been asking to crash again ever since the FED started printing money on April to give them a boost. Then, global markets also followed the same example. Investments in stock at the moment are super risky, due to Covid restrictions, due to global politics and diplomacy. It is definitely not a piece of cake.
I am not sure about next year, because it really depends on how 2021 goes, but yeah, this year willl be volatile as hell, and full of rollercoasters
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I always loved Angry Joe :)
https://www.youtube.com/watch?v=sNQZmY1lKII
So HOLD HOLD HOLD until the richest 1% of people will have to sell their 4th yacht.
I believe in all you guys and your HODOR HODOR HODOR powers!
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I don't want to give people ideas... but...
In 2008 the richest 1% siting in Wall Street were drinking champagne and waving to the protesters.
It would be fun to see people that makes the richest 1% lose billions now to drink champagne under Wall Street and waving to the richest 1%.
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I had to share this with you: https://www.youtube.com/watch?v=XaKgRe6GuUQ
Also welcome to my WL for kicking that rich fucking 1% in the ass :) Make them bleed money guys because that is the only thing they care about.
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Up for 200% when i invested. I didn't buy yesterday.
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That’s good for you at least. Some of my friends didn’t have the same luck. They didn’t understand the pump and dump that was happening and got caught in the crossfire.
XRP is currently being pumped, sold all I had invested for 50% profit since I bought. Just gonna wait until it gets dumped to buy some back
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To the moon 🚀
I am 7 shares in at good profit. I am NOT selling.
Make them bleed. Make them pay for 2008. For everyone who got hurt by their actions. For every retail investor who got fucked by their market manipulation. It is not for me or you. It is for all of us, against a corrupt system. Fighting for what is right and for justice.
This is not about the money. It is about sending a message. To the higher ups and to everyone else that want to hear us.
Do you hear the people sing?
Singing a song of angry men?
It is the music of a people
Who will not be slaves again!
When the beating of your heart
Echoes the beating of the drums
There is a life about to start
When tomorrow comes!
I am all in the 💎🙌
WE LIKE THE STOCK, WE LOVE THE STOCK
Not financial advice, I'm stupid.
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