I learned there was still such a thing as Gamestop from this whole kerfuffle, I thought people downloaded their games now
― Guayaquil (eephus!), Wednesday, 27 January 2021 20:08 (three years ago) link
god I'm gonna be so tilted if my option on AMC isn't executed, could easily bank a few k if it works out
― k3vin k., Wednesday, 27 January 2021 20:22 (three years ago) link
oh man good luck
lol i am up $59 since i got into it this morning
― Blues Guitar Solo Heatmap (Free Download) (upper mississippi sh@kedown), Wednesday, 27 January 2021 20:28 (three years ago) link
like, what's the out on gamestop are they just going to say 1-2-3-go and dump everything next week or what that's the part i don't get
― Its big ball chunky time (Jimmy The Mod Awaits The Return Of His Beloved), Wednesday, 27 January 2021 20:32 (three years ago) link
yeah same, I have a hard time understanding how this ends.
or understanding how people are understanding how this ends, if that makes sense.
― Van Horn Street, Wednesday, 27 January 2021 20:53 (three years ago) link
it ends with grandma losing her house
― frogbs, Wednesday, 27 January 2021 20:54 (three years ago) link
i think we're in let's do it and be legends mode rn
― Blues Guitar Solo Heatmap (Free Download) (upper mississippi sh@kedown), Wednesday, 27 January 2021 20:54 (three years ago) link
dammit, option was canceled. no idea why that happens but that’s a bummer. I can’t afford to buy option at the current price
― k3vin k., Wednesday, 27 January 2021 21:04 (three years ago) link
>This man on Fox News just said that they should “ban social media from talking about short stocks” pic.twitter.com/lYs54F2Yu3— cirno++ (@cirnoplusplus) January 27, 2021
― soaring skrrrtpeggios (jon /via/ chi 2.0), Wednesday, 27 January 2021 21:42 (three years ago) link
― Van Horn Street, Wednesday, January 27, 2021 12:53 PM (forty-eight minutes ago) bookmarkflaglink
there's discussion on the subreddit
https://www.reddit.com/r/wallstreetbets/comments/l5x0fc/gme_endgame/
― Fenners' Pen (jim in vancouver), Wednesday, 27 January 2021 21:42 (three years ago) link
FAQ 6: What is the next stock?Get this thought out of your head. Yeah you just joined WSB and made a few bucks and now you think you found yourself an investment club. No. This is a forum for folks to share their risky trade ideas, not a place to coordinate to manipulate the market. Yes, at the moment the consensus is that we can make a boatload of money off of dumbass hedge funds, but think of it less like a pack of draft horses following a path and more like a room of angry, shitting monkeys who happen, for the time being, to be throwing their shit in the same direction.
I particularly liked this part.
― soaring skrrrtpeggios (jon /via/ chi 2.0), Wednesday, 27 January 2021 21:44 (three years ago) link
yeah some of the WSB guys crack me up
― frogbs, Wednesday, 27 January 2021 21:45 (three years ago) link
Isn't that guy calculating the multipliers all wrong using the float instead of the total market cap?
xp
― longtime caller, first time listener (man alive), Wednesday, 27 January 2021 21:46 (three years ago) link
and the 150k I YOLO in was disposable income I can afford to lose.
lol, unless I'm wildly out of touch with reddit slang, this makes me doubt even more the "little guys" narrative here.
― soaring skrrrtpeggios (jon /via/ chi 2.0), Wednesday, 27 January 2021 21:52 (three years ago) link
Before now it seemed like WSB were all STEMlord software developers and the like but they're still littler guys than Steve Cohen.
― Joe Biden Stan Account (milo z), Wednesday, 27 January 2021 21:55 (three years ago) link
people have been deeply trading on there all last year during the huge bull run, that disposable income is likely from past gains.
― Yerac, Wednesday, 27 January 2021 21:58 (three years ago) link
xpost - Def "little" compared to guys like Cohen, but from some of the mainstream articles going around these last few days you didn't get the sense that it was also guys with $150,000 just sitting there for the right meme.
Undoubtedly past gains, just saying I didn't expect to see guys casually dropping six figures on this like its NBD. Just a world I cannot relate too at all.
― soaring skrrrtpeggios (jon /via/ chi 2.0), Wednesday, 27 January 2021 21:59 (three years ago) link
I saw a tweet in response to an article about this that really helped me understand the mindset of the more casual redditors jumping on this (there was some other questionable stuff in this user's timeline so I didn't want to link directly):
"I have a real job so losing $50-$100 in order to watch Wall Street goons lose millions and their livelihoods is music to my ears"
― soaring skrrrtpeggios (jon /via/ chi 2.0), Wednesday, 27 January 2021 22:26 (three years ago) link
If we get one hedge fund jumper, it's all worth it
― Joe Biden Stan Account (milo z), Wednesday, 27 January 2021 22:29 (three years ago) link
FAQ 6: What is the next stock?Get this thought out of your head. Yeah you just joined WSB and made a few bucks and now you think you found yourself an investment club. No. This is a forum for folks to share their risky trade ideas, not a place to coordinate to manipulate the market. Yes, at the moment the consensus is that we can make a boatload of money off of dumbass hedge funds, but think of it less like a pack of draft horses following a path and more like a room of angry, shitting monkeys who happen, for the time being, to be throwing their shit in the same direction.I particularly liked this part.
― soaring skrrrtpeggios (jon /via/ chi 2.0), Wednesday, January 27, 2021 4:44 PM (forty-four minutes ago)
yeah well this is exactly how I'm using it -- seems like a guaranteed gravy train for a few days then I'm hopping off
― k3vin k., Wednesday, 27 January 2021 22:31 (three years ago) link
How many FOMO newbies will get burnt from this, esp tax wise? If trading's been halted how do they sell now? I dont get stock shit :(
― Stoop Crone (Trayce), Wednesday, 27 January 2021 22:31 (three years ago) link
i'm so stoked i bought KOSS at $16.10 this morning; i hadn't thought about koss in about fifteen years! if only COBY was publicly traded...
― the portentous pepper (govern yourself accordingly), Wednesday, 27 January 2021 22:42 (three years ago) link
I get free share options from my company once a year and thats excitement enough for me with this stuff.
― Stoop Crone (Trayce), Wednesday, 27 January 2021 22:44 (three years ago) link
Fair play, I don't have the patience or mindset for this kind of thing, I don't blame folks smart enough to use this to their advantage at all! I just liked how he was downplaying newbie's expectations that this was going to be a regular thing for easy money, over and over.
― soaring skrrrtpeggios (jon /via/ chi 2.0), Wednesday, 27 January 2021 22:48 (three years ago) link
yeah, there will be one bad day that will wipe out half the sub. Like tesla battery day wiped out a lot of people who never returned.
― Yerac, Wednesday, 27 January 2021 22:53 (three years ago) link
i think a lot of ppl are like me, if I go to the horse track I take a certain amount of money to have fun with in cash and stop if I lose it
― Blues Guitar Solo Heatmap (Free Download) (upper mississippi sh@kedown), Wednesday, 27 January 2021 22:54 (three years ago) link
me after making $9 investing in game stop pic.twitter.com/utaDq8H09H— manny (@mannyfidel) January 27, 2021
― 𝔠𝔞𝔢𝔨 (caek), Wednesday, 27 January 2021 23:18 (three years ago) link
Gamestop is going to have new customers for life. Going to treat that bb so well.
― Yerac, Wednesday, 27 January 2021 23:28 (three years ago) link
lol I'm down from $59 to $16the market is a crul ringmaster
― Blues Guitar Solo Heatmap (Free Download) (upper mississippi sh@kedown), Wednesday, 27 January 2021 23:28 (three years ago) link
Gotta admit it’s really something to see Wall Streeters with a long history of treating our economy as a casino complain about a message board of posters also treating the market as a casino— Alexandria Ocasio-Cortez (@AOC) January 27, 2021
― pomenitul, Wednesday, 27 January 2021 23:30 (three years ago) link
I've been holding since October, diamond hands or let it go to zero (this is not financial advice you should listen to.) xpost
― Yerac, Wednesday, 27 January 2021 23:32 (three years ago) link
my stakes are basically "I might make some money in a wacky way" vs. "I have to return the headphones I just ordered yesterday" so I feel ok seeing wtf happens
― Blues Guitar Solo Heatmap (Free Download) (upper mississippi sh@kedown), Wednesday, 27 January 2021 23:36 (three years ago) link
I put $100 into AMC because I haven’t been to a craps table in two years.
― Joe Biden Stan Account (milo z), Wednesday, 27 January 2021 23:44 (three years ago) link
RIP WSB
― Joe Biden Stan Account (milo z), Wednesday, 27 January 2021 23:53 (three years ago) link
? it just went private because the backend kept exploding due to volume/load.
― Yerac, Wednesday, 27 January 2021 23:58 (three years ago) link
Gary Cohen of Chewy made 90 millions a day for 14 days thanks to this.
Is this what eat the rich is supposed to look like?
― Van Horn Street, Thursday, 28 January 2021 00:22 (three years ago) link
If you just looked up this information, I would think you should try to get the name right.
― Yerac, Thursday, 28 January 2021 00:44 (three years ago) link
Yup, sorry. Ryan Cohen.
― Van Horn Street, Thursday, 28 January 2021 00:45 (three years ago) link
ha, sorry for being an asshole.
― Yerac, Thursday, 28 January 2021 00:47 (three years ago) link
To be fair, Gary Cohen is a great broadcaster and 100% deserves 90 millions a day for 14 days for his work.
― Van Horn Street, Thursday, 28 January 2021 00:53 (three years ago) link
Oh I thought you were talking about the author of Education and Middle-Class Society in Imperial Austria, 1848-1918.
― pomenitul, Thursday, 28 January 2021 00:55 (three years ago) link
Not to be confused with the man behind the memorable 1966 screed, Biblical Separation Defended.
― pomenitul, Thursday, 28 January 2021 00:56 (three years ago) link
I hate all this so much lol
― brimstead, Thursday, 28 January 2021 01:49 (three years ago) link
Yeah idk a lot about this stuff but this level of fuckery is bound to be a problem
― (•̪●) (carne asada), Thursday, 28 January 2021 01:56 (three years ago) link
it’s very good
― Canon in Deez (silby), Thursday, 28 January 2021 01:57 (three years ago) link
Only normal things are happening
a problem for whom and what else is new. I like when people have opinions about things they say don't understand.
― Yerac, Thursday, 28 January 2021 02:03 (three years ago) link
https://pbs.twimg.com/media/EsyNlfmXMAQg7UT?format=jpg&name=small
― lag∞n, Thursday, 28 January 2021 02:13 (three years ago) link
a problem for a bunch of people jumping on and losing their life savings? I’m just talking shut as one does on these here msg boards. I’ll leave it to the pros I guess
― (•̪●) (carne asada), Thursday, 28 January 2021 02:15 (three years ago) link
didn't the "fuckery" start with people who were shorting it in the first place? like, over 100% of the shares had puts against them, possibly due to algorithmic trading or something.
― treeship., Thursday, 28 January 2021 02:35 (three years ago) link