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I've been reading wallstreetbets all this past week and people are turning this volatility into giant sums of cash left and right.
Im tired of being left out. I want to retire and move to costa rica. Predictit was fun, and I made like $45 dollars voting no on Yang, but it's time for the real money.
But I dont really understand it all. Look at this comment someone made today:
SPCE 4/17 5p are basically free money
Ok, so they're saying that Virgin Galactic Holdings is over-priced at 24.71 and this person is betting that by 4/17/2020 the stock will be closer to $5. Right?
That's a bit too far out to me, but what if I buy puts for 4/17 for, say, $12? Half the current price? Is that also free money?
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For reference I bought my first puts this morning.
$70.46 (25.21%)
and
$0.92 (2.35%)
I mean, this is a good start right? Had my nuts been a little more developed, I could have easily been up $200 today but I got scared.
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You always short and grab the bull by the horns as you ride the wave of interest towards a higher yield :money
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buy high, sell low
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What part of serious was unclear
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(https://i.imgur.com/tJ2z9lW.png)
You know what to do, James.
It's time to leave humanity behind and join the Bohemian Grove.
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Thread right now:
(https://encrypted-tbn0.gstatic.com/images?q=tbn%3AANd9GcS6Iv4WbcALjra2BcU3YVoYIN2vmR_r55y7uZg9sVtRKnk_NxXs)
Thread when James makes money:
:pika
(https://i.kym-cdn.com/entries/icons/mobile/000/029/959/Screen_Shot_2019-06-05_at_1.26.32_PM.jpg)
Thread when James loses money over shitty Mexican beer-virus-chan hitting the stonks:
(https://vmsseaglescall.org/wp-content/uploads/2019/10/Screen-Shot-2019-10-25-at-11.23.07-AM-475x260.png)
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I think you should take a look at investing all the savings you have into Forex trading. Easy returns guaranteed.
More info please
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Esch liked and then unliked my Vanguard post, and that felt worse than my portfolio taking a dip :'(
It's good advice though.
I thought about it, and then i realized forums poster james is smart enough to take on a little more risks in the market. Index funds are safe and boring. A guy like james can handle something a little more profitable.
This is wrong.
I want safe money. I want "basically free money".
I want to be like the guy who made $6million on Tesla stonks in 5 days.
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Esch liked and then unliked my Vanguard post, and that felt worse than my portfolio taking a dip :'(
It's good advice though.
he is asking about short term options trading, he is clearly not interested in good advice
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Go look at those long term Vanguard portfolios and tell me all the red is a good thing
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Now is the perfect time to buy. We have this thing very much contained. You see the markets are doing great. The fundamentals of this market are strong. I believe there is no reason to panic. Now is a great time to buy.
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Just watch the Wolf of Wall Street, james. Do Penny-stocks like he did, and then develop a drug habit. Maybe find an underage Margot Robbie alike for your... how do we say... pizza-tendencies and then lose it all.
https://www.youtube.com/watch?v=UdokQz4Q7pY
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Make sure you register your Robin Hood to a burner phone.
When you lose them their leverage and go -$500k, just delete the app, smash the phone, and start fresh.
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Just watch the Wolf of Wall Street, james. Do Penny-stocks like he did, and then develop a drug habit. Maybe find an underage Margot Robbie alike for your... how do we say... pizza-tendencies and then lose it all.
https://www.youtube.com/watch?v=UdokQz4Q7pY
If you repeat this fraud under the Trump administration you'd probably get a Presidential Medal of Freedom :rodney
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So I'm reading about selling puts... And it seems pretty common sense?
Like if the stock goes up I keep the cash
If it goes down I own the stock
There's like no downside?
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Go look at those long term Vanguard portfolios and tell me all the red is a good thing
if you're determined to go high risk probably no reward i suggest to look at weedstocks (the murican mso's)
if Sanders wins, he'll legalize federally day 1 and everything will moon because executive order bitches
Biden hates weed though, so even if federal legalization is possible in his presidency... he aint gonna push for it himself.
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So I'm reading about selling puts... And it seems pretty common sense?
Like if the stock goes up I keep the cash
If it goes down I own the stock
There's like no downside?
of course there's no downside! everyone on wall street loves to throw free money at newbs who don't know what they are doing! it's that sort of spontaneous generosity that has made wall street so famous after all!
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So I'm reading about selling puts... And it seems pretty common sense?
Like if the stock goes up I keep the cash
If it goes down I own the stock
There's like no downside?
of course there's no downside! everyone on wall street loves to throw free money at newbs who don't know what they are doing! it's that sort of spontaneous generosity that has made wall street so famous after all!
(https://gifimage.net/wp-content/uploads/2018/11/i_m-gonna-tell-him-don_t-you-dare-gif-_1.gif)
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So I'm reading about selling puts... And it seems pretty common sense?
Like if the stock goes up I keep the cash
If it goes down I own the stock
There's like no downside?
of course there's no downside! everyone on wall street loves to throw free money at newbs who don't know what they are doing! it's that sort of spontaneous generosity that has made wall street so famous after all!
Show your portfolio or gtfo
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Ok this is helpful it breaks up the strategies by experience
https://www.optionsplaybook.com/option-strategies/
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you are so fucked
-
Buy Bayer stocks, one day these guys who got cancer from Glyphosate will die and drop their lawsuits. Their numbers are good enough for a stock valued at around 140 Euro dollars.:money
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I get the feeling that all of you are broke
-
Well yeah, I bought Bayer and VW stocks.
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So I'm reading about selling puts... And it seems pretty common sense?
Like if the stock goes up I keep the cash
If it goes down I own the stock
There's like no downside?
of course there's no downside! everyone on wall street loves to throw free money at newbs who don't know what they are doing! it's that sort of spontaneous generosity that has made wall street so famous after all!
Show your portfolio or gtfo
i don't trade the wsb-style options because i'm neither an autistic super genius who doesn't really care about money or an idiot.
i have mostly swedish dividend stocks and quite a bit too much of assorted weedstocks
but i'm also like 50% cash atm
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Well yeah, I bought Bayer and VW stocks.
Damn.
That's almost as bad as investing in those photovoltaics companies.
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Not too worried about Bayer, I got in at 80. :trumps
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Well both my options portfolio and predictit portfolio have been decimated
:existential
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think of it like you got in on the ground floor. :nothing
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So I'm reading about selling puts... And it seems pretty common sense?
Like if the stock goes up I keep the cash
If it goes down I own the stock
There's like no downside?
of course there's no downside! everyone on wall street loves to throw free money at newbs who don't know what they are doing! it's that sort of spontaneous generosity that has made wall street so famous after all!
You fucking imbecile explain this
I was told to post this. I think i beat the game. I bought every reasonable call selling for .01 and bought them. Over 1000 contracts. The slightest upward movement makes me money, and they cant go lower than i already bought them for. It either goes up, or expires worthless.YOLO
https://www.reddit.com/r/wallstreetbets/comments/fd7f9b/i_was_told_to_post_this_i_think_i_beat_the_game_i/
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If you bought Hunter Oil Corp stocks yesterday for 200 bucks, you would have made 10000 bucks today.
Pennystocks are a great investment the Big Banks don’t want you to know about. :shh
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my portfolio is up 4% today
you can't explain that!
:rimshot
-
my portfolio is up 4% today
you can't explain that!
:rimshot
If you owned health companies youd be up 13% like me
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my portfolio is up 4% today
you can't explain that!
:rimshot
If you owned health companies youd be up 13% like me
i think i'd rather own arms dealer stonks tbh :lol
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Ok, sold my first put
Your Estimated Order Total (Credit) $154.44
Funds required for this trade $2,095.56
$54.44 is going to Bernie, and $100 is going to give daddy a good time
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Ok, sold my first put
Your Estimated Order Total (Credit) $154.44
Funds required for this trade $2,095.56
$54.44 is going to Bernie, and $100 is going to give daddy a good time
Splatoon amiibos are more expensive than I thought.
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I dont understand the trading interface
For the puts I bought, its pretty obvious if Im making (or losing) money
But for the one I sold I dont know where to find that info
????
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For this strategy, time decay is your friend. You want the price of the option you sold to approach zero. That means if you choose to close your position prior to expiration, it will be less expensive to buy it back.
fuck I think i understood this wrong
-
James will have to give gas station BJs to pay rent by the end of the year :rejoice
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I think Im done with stonks. The more I read, the less I understand
Please close the thread.
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I think Im done with stonks. The more I read, the less I understand
Please close the thread.
http://www.youtube.com/watch?v=1YWXFiQWWfk
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Ok last one I swear I bought this
SPY Mar 27 2020 295.00 Put
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For this strategy, time decay is your friend. You want the price of the option you sold to approach zero. That means if you choose to close your position prior to expiration, it will be less expensive to buy it back.
fuck I think i understood this wrong
You're selling an underlying you don't own, so you have to buy it back to complete the trade. The ideal scenario is you selling a contract that has value, you get the credit on the sale immediately, then it ends up becoming worthless due to theta decay for when you buy it back. Options decay over time, so if you're selling an option, you actually earn money over time (if you're buying, you're losing). You can create spreads of buy/sell combinations to earn money at a specific strike point over time.
Get an Ameritrade account so you can sign up for ThinkorSwim to understand how to construct trades.
Get this book : https://www.amazon.com/Option-Traders-Hedge-Fund-Framework-ebook/dp/B00844NXC6 It's heavy reading, but worth it.
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it's fairly easy to fuck up using thinkorswim, or any REAL trading platform, so understand how the platform works through using papermoney, not to mention employing various strategies. also, use the free courses provided by ameritrade
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If I'm understanding the wsb chat, I'm about to print some serious tendies
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If I'm understanding the wsb chat, I'm about to print some serious tendies
futures looking bright for you and the sanders campaign
https://se.investing.com/indices/us-spx-500-futures
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Ok last one I swear I bought this
SPY Mar 27 2020 295.00 Put
Well done, James
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Ok last one I swear I bought this
SPY Mar 27 2020 295.00 Put
Well done, James
(82.86%)
:leon
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Ok last one I swear I bought this
SPY Mar 27 2020 295.00 Put
Well done, James
(82.86%)
:leon
I thought you bought puts at the end of the day yesterday. :(
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Ok last one I swear I bought this
SPY Mar 27 2020 295.00 Put
Well done, James
(82.86%)
:leon
I thought you bought puts at the end of the day yesterday. :(
Yes I did, thats a positive sorry
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Edit: So it's positive. Parenthesis usually indicate losses.
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Ok last one I swear I bought this
SPY Mar 27 2020 295.00 Put
Well done, James
(82.86%)
:leon
I thought you bought puts at the end of the day yesterday. :(
Yes I did, thats a positive sorry
Ahh. Confused me since the parenthesis indicates losses in brokerage software. Nice. :lol
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James if I give you 100 bucks to play with, how long will it take you to turn that into a cool million with your newfound stonks knowledge?
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Yeah I just copied and pasted.
Also, some bad news gang.
I went to buy some United Airlines puts last week, and frankly, my timing was exceptional.
So Im looking at my puts wondering where my tendies are.
Turns out I bought Under Armor (UA) instead of United Airlines (UAL)
:snoop :snoop :snoop :dead :dead :dead
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James if I give you 100 bucks to play with, how long will it take you to turn that into a cool million with your newfound stonks knowledge?
You can keep the 100 bucks in that scenario btw
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James if I give you 100 bucks to play with, how long will it take you to turn that into a cool million with your newfound stonks knowledge?
You can keep the 100 bucks in that scenario btw
What happens if I lose the $100
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James if I give you 100 bucks to play with, how long will it take you to turn that into a cool million with your newfound stonks knowledge?
You can keep the 100 bucks in that scenario btw
What happens if I lose the $100
You turn yourself in to the FBI with your stash of underage squid porn.
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James if I give you 100 bucks to play with, how long will it take you to turn that into a cool million with your newfound stonks knowledge?
You can keep the 100 bucks in that scenario btw
What happens if I lose the $100
You turn yourself in to the FBI with your stash of underage squid porn.
Youre not welcome in this wholesome thread
:karen
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James if I give you 100 bucks to play with, how long will it take you to turn that into a cool million with your newfound stonks knowledge?
You can keep the 100 bucks in that scenario btw
What happens if I lose the $100
I think you misunderstood, you owe me a million no matter what.
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James if I give you 100 bucks to play with, how long will it take you to turn that into a cool million with your newfound stonks knowledge?
You can keep the 100 bucks in that scenario btw
What happens if I lose the $100
I think you misunderstood, you owe me a million no matter what.
If everyone on this forum gives me money I can make it happen
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If everyone on this forum gives me money I can make it happen
3 days later:
https://www.youtube.com/watch?v=VNYNMM0hXXY
James:"Sorry, Bore Brothers. I could not navigate our ship out of this rogue wave."
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Tendies are rolling in.
SPY puts: 117.34%
DIS puts: 89.60%
AAL puts: 12.44%
Even the UA I accidentally bought: 2.35%
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I would join a James hedge fund :snob
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I am in for 100 bucks, you can keep 40 % of the profit. :success
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Making money is so easy I wish I would have known about this sooner
-
Teach me your second hand knowledge about options trading james. I want to retire next year.
-
Teach me your second hand knowledge about options trading james. I want to retire next year.
Keep refreshing this page and do whatever the posts with the most comments and upvotes are saying
https://www.reddit.com/r/wallstreetbets/comments/fdtomr/daily_discussion_thread_march_05_2020/
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I am serious btw about giving you 100 bucks to play with since I am curious how much money reddit can make me. I am too lazy to do it myself though.
Hit me up via DM with your paypal if you are interested :pimp
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james, put 2k in your td account and get them margins :klob
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I am serious btw about giving you 100 bucks to play with since I am curious how much money reddit can make me. I am too lazy to do it myself though.
Hit me up via DM with your paypal if you are interested :pimp
Seconded James, I want in on this. :money
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it's power hour and i am feverishly watching spy, i am rooting for you james
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I am serious btw about giving you 100 bucks to play with since I am curious how much money reddit can make me. I am too lazy to do it myself though.
Hit me up via DM with your paypal if you are interested :pimp
Seconded James, I want in on this. :money
PM me cash
-
fuck spy is cockteasing like a mfer, break already
-
Teach me your second hand knowledge about options trading james. I want to retire next year.
Keep refreshing this page and do whatever the posts with the most comments and upvotes are saying
https://www.reddit.com/r/wallstreetbets/comments/fdtomr/daily_discussion_thread_march_05_2020/
:lol :lol
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Well folks, Im officially an international stock broker
(https://i.imgur.com/Or83fBS.png)
Time to load up on treasury bonds!
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this is turning into one of the most entertaining threads in a long time :lol
-
this is turning into one of the most entertaining threads in a long time :lol
Get in on this while you still can
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I paid a hundred bucks for dumber things.
James better not use that money to commission Splatoon fanart though >:(
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Get in on this while you still can
gambling is dumb and triply so while we're in an unpredictable stock market freefall but godspeed you fucking lunatic
-
I paid a hundred bucks for dumber things.
James better not use that money to commission Splatoon fanart though >:(
Narrator: James does, and becomes the Wolf of Pedophilia-Street.
More seriously: If he makes you $400, that's pure profit in terms of a million dollar loan and you'll start James' political career.
-
James better not use that money to commission Splatoon fanart though >:(
once you've made money gambling, there is no sexual imagery on earth that can beat that rush. nothing compares.
-
Bloomberg also started at the bottom!
-
:lol
-
The thing about Ponzi Schemes is that you don’t get scammed if you get in early :rollsafe
-
Theres no consensus on WSB on what is happening tomorrow
Some say green, some say red
:fbm
Im hoping we get a 600 point pump so I can load up on casino puts for Kenny
-
It'll just go down again breh.
-
It'll just go down again breh.
Yeah but first it needs to go up so I can buy them at a discount
-
I am serious btw about giving you 100 bucks to play with since I am curious how much money reddit can make me. I am too lazy to do it myself though.
Hit me up via DM with your paypal if you are interested :pimp
Seconded James, I want in on this. :money
Put your money where your mouth is you coward :bolo
-
Do you guys remember when Atra lost over $20k on cryptocurrency?
-
Do you guys remember when Atra lost over $20k on cryptocurrency?
I‘d be more than happy to lose 20k james, don’t listen to the haters
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Wow guys, at first I thought the James Investment Fund was a scam since I read about these scams in the news all the time.
But it looked legitimate and well thought out, so invested into the James Investment Fund. Fast forward three months later and not only have I paid back all of my credit card debt, I also was able to take my wife and my 3 girls to Disneyland for an unforgettable weekend. I was able to quit my job and I am now a stay at home dad thanks to the James Investment Fund,
Making money has never been easier! Join the James Investment Fund today! it’s worth it!
-
hmm
it's really tempting. i saw the kind of returns the james of wolf street was posting, and it really does look like he knows what he's doing.
i mean, nearly 100% in one day? that's like 3650% in a year!
-
hmm
it's really tempting. i saw the kind of returns the james of wolf street was posting, and it really does look like he knows what he's doing.
i mean, nearly 100% in one day? that's like 3650% in a year!
And that's just me warning up
:klob
-
I am serious btw about giving you 100 bucks to play with since I am curious how much money reddit can make me. I am too lazy to do it myself though.
Hit me up via DM with your paypal if you are interested :pimp
Seconded James, I want in on this. :money
Put your money where your mouth is you coward :bolo
Send him a PM for paypal info.
-
I am serious btw about giving you 100 bucks to play with since I am curious how much money reddit can make me. I am too lazy to do it myself though.
Hit me up via DM with your paypal if you are interested :pimp
Seconded James, I want in on this. :money
Put your money where your mouth is you coward :bolo
Send him a PM for paypal info.
We are in this together bois :playa
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Yeah but first it needs to go up so I can buy them at a discount
I doubt it. Hope you loaded up on puts today. Japanese markets are shitting their pants right now and Dow Futures are way, way down.
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Yeah but first it needs to go up so I can buy them at a discount
I doubt it. Hope you loaded up on puts today. Japanese markets are shitting their pants right now and Dow Futures are way, way down.
Shosty when do i switch to calls?
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Yeah but first it needs to go up so I can buy them at a discount
I doubt it. Hope you loaded up on puts today. Japanese markets are shitting their pants right now and Dow Futures are way, way down.
Shosty when do i switch to calls?
https://www.youtube.com/watch?v=0akBdQa55b4
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Iv and theta are critical for options trading but I have no idea what they mean
-
Iv and theta are critical for options trading but I have no idea what they mean
Yeah, 'the greeks' are really important: Theta, Delta, Vega, Gamma. Theta is a measure of how much an option decays in value over time as it reaches expiration if bought (or increases in value if you're selling). Options put risk on time, which means you can purchase contracts with very little margin, with the caveat risk of being 'out of the money' at the strike of your sale, losing everything. IV is the expected volatility of the option based on the past volatility and affects the value of the option. High IV produces high priced option premiums and vice versa. The rise and fall of implied volatility will determine the amount of theta decay along with the total pricing -- so making trades with expectations of IV movement increase success of the trade. Delta is an expressed ratio for the option value in respect to the underlying asset - so it indicates how sensitive option prices are to the stock itself. Vega determines how sensitive an underlying is to the changes of IV. Gamma measures how sensitive Vega is - just like how acceleration is the second derivative, it's measuring the change(accel) of the change(velocity) of the asset price(position).
The big takeaway here is that the Math PhDs at the Renaissance Fund and other hedge funds that are using differential equations to code the most efficient pricing algorithms per movement are wasting their time not refreshing WallStreetBets subreddit.
-
I feel like I should have sent you the 100 bucks instead. :thinking
-
I feel like I should have sent you the 100 bucks instead. :thinking
You'll get $15 bucks back in a year at my pace. :lol
-
Iv and theta are critical for options trading but I have no idea what they mean
Yeah, 'the greeks' are really important: Theta, Delta, Vega, Gamma. Theta is a measure of how much an option decays in value over time as it reaches expiration if bought (or increases in value if you're selling). Options put risk on time, which means you can purchase contracts with very little margin, with the caveat risk of being 'out of the money' at the strike of your sale, losing everything. IV is the expected volatility of the option based on the past volatility and affects the value of the option. High IV produces high priced option premiums and vice versa. The rise and fall of implied volatility will determine the amount of theta decay along with the total pricing -- so making trades with expectations of IV movement increase success of the trade. Delta is an expressed ratio for the option value in respect to the underlying asset - so it indicates how sensitive option prices are to the stock itself. Vega determines how sensitive an underlying is to the changes of IV. Gamma measures how sensitive Vega is - just like how acceleration is the second derivative, it's measuring the change(accel) of the change(velocity) of the asset price(position).
The big takeaway here is that the Math PhDs at the Renaissance Fund and other hedge funds that are using differential equations to code the most efficient pricing algorithms per movement are wasting their time not refreshing WallStreetBets subreddit.
Just tell me what to buy plz
-
Iv and theta are critical for options trading but I have no idea what they mean
Yeah, 'the greeks' are really important: Theta, Delta, Vega, Gamma. Theta is a measure of how much an option decays in value over time as it reaches expiration if bought (or increases in value if you're selling). Options put risk on time, which means you can purchase contracts with very little margin, with the caveat risk of being 'out of the money' at the strike of your sale, losing everything. IV is the expected volatility of the option based on the past volatility and affects the value of the option. High IV produces high priced option premiums and vice versa. The rise and fall of implied volatility will determine the amount of theta decay along with the total pricing -- so making trades with expectations of IV movement increase success of the trade. Delta is an expressed ratio for the option value in respect to the underlying asset - so it indicates how sensitive option prices are to the stock itself. Vega determines how sensitive an underlying is to the changes of IV. Gamma measures how sensitive Vega is - just like how acceleration is the second derivative, it's measuring the change(accel) of the change(velocity) of the asset price(position).
The big takeaway here is that the Math PhDs at the Renaissance Fund and other hedge funds that are using differential equations to code the most efficient pricing algorithms per movement are wasting their time not refreshing WallStreetBets subreddit.
Just tell me what to buy plz
Edit: No idea how to trade like WSB. Wouldn't be able to help you with that. Nobody knows what direction the market will go. Making huge gambles on short-term directional trades works if you're Moneybags McGee that can Martingale your way out of a down position, otherwise I don't see how it's sustainable. When it comes to options, I do really conservative spread trading on wide, long-term positions, exiting long before expiry. Using a rudimentary scanner for anomalies in IV, and take a bunch of long-term trades. IE: Selling a front month strike and buying a further ITM strike on the month after that and earning a small credit on theta on the value of the short as it moves favorably with IV, with a hedge from the buy. You earn money as long as the position doesn't move too far from those strikes - instead of from a directional gamble. Taking advantage of things like this over many trades adds up. I don't make an exciting amount of money doing it, though.
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I feel like I should have sent you the 100 bucks instead. :thinking
You'll get $15 bucks back in a year at my pace. :lol
Investment tip: Bet on under 2.5 goals on all upcoming Serie A games without crowds. :money
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15% is crazy btw. I am stoked if I make 5% + dividends. :doge
Granted I am very conservative when it comes to investments that are not taking place on thebore dot com.
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15% is crazy btw. I am stoked if I make 5% + dividends. :doge
Granted I am very conservative when it comes to investments that are not taking place on thebore dot com.
15% on a really good year. I don't make much doing this, and managing this stupid thing has gotten old after 10+ years. I'm at the point where I'm only using options as a hedge on futures because I would rather spend my time doing more important things every morning like reading the shitpost thread. :smug
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I just send you the money James.
Imagine all the little kids in some poor place that could've been fed for a day with this money. I will donate 5% of my profits to charity. :hitler
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Good timing boys.
UAL just had a midday pump so I bought some April puts because the feds can't do anything to force them to not bleed money out the ass.
The order cost like $300 something so it will be easy to track - basically we will split the profit 3 ways.
:salute
-
Off topic but does anyone know what the tax implications are of running an international stock brokerage firm?
-
Holy shit just looked at my SPY puts
+$944.46 (270.86%)
Do I sell??????
-
Help im hyperventilating
-
Holy shit just looked at my SPY puts
+$944.46 (270.86%)
Do I sell??????
Joke advice: Sell
Serious advice: sell.
Cash out your initial investment and you’re playing with house money from now on. :playa
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Holy shit just looked at my SPY puts
+$944.46 (270.86%)
Do I sell??????
Joke advice: Sell
Serious advice: sell.
Cash out your initial investment and you’re playing with house money from now on. :playa
I only own 1 though so I cant half sell
-
Sell, cash out your initial investment and find another high risk bet.
That’s my approach to sports gambling :trumps
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Ok just sold I think I made lots of money but cant tell where it went
-
I think the website crashed??? Nothing is loading??? I use Ally
-
Ok I think I figured it out
I bought the SPY puts for $420.54
I sold the SPY puts for $1,386.41
(it shows up in Unsettled Funds?)
Thats pretty good for 2 days right?
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Forums poster James to launch late presidential bid :success
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This stonk stuff is fun but also stressful. Can't imagine doing this full time.
-
This stonk stuff is fun but also stressful. Can't imagine doing this full time.
Maybe you should have thought about this before you started an international brokerage firm. :maf
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Just remember who your early supporters are Mr. President ;)
And uh, if the IRA or Feds show up to ask you were the money is from just tell them I sold you a copy of Pokemon Blue or something :shh
-
Seriously though, cash out like half of that money and treat the rest as play money you never really owned.
-
My first act as president will be to nationalize wall street and shut down this irresponsible derivative speculation market
-
Seriously though, cash out like half of that money and treat the rest as play money you never really owned.
Daddy doesnt get a new yacht with that kind of play
-
Seriously though, cash out like half of that money and treat the rest as play money you never really owned.
Daddy doesnt get a new yacht with that kind of play
You could go on that Corona cruise :trumps
-
Seriously though, cash out like half of that money and treat the rest as play money you never really owned.
Daddy doesnt get a new yacht with that kind of play
You could go on that Corona cruise :trumps
I can spend on my proceeds on the master suite and quarantine like a fucking king
:steiner
-
Who do you trust with your money to make sound investments
Politicians :nope
The Government :nope
Bankers :nope
Stock brokers :nope
A random person on the internet with a Pokemon avatar and Splatoon fetish :ohyeah
The New York Post: "A revolution in the investment world that would make Bernie Sanders blush"
The Wall Street Bulletin: "Safe, secure and AAAA, we simply love this fund"
Timer Magazine: "Warren Buffet can't touch this man's genius"
INVEST IN THE JAMES FUND TODAY. (http://www.thebore.com/forum/index.php?action=pm;sa=send;u=39348)
HOW IT WORKS:
1. YOUR INVESTMENT: $200
2. PAYPAL FEE: $2
3. ? ? ?
4. PROFIT: $39 949 869
"My retirement fund would only pay for Sauerkraut and Bratwurst but now I'm driving new cars and the wife is happy with the dinner variation" - BisMarckie
"The market is tight and investments are difficult. James offered me the short term ROI I was looking for and really showed his passion for investing. I couldn't be happier" - Nintex
CONTACT US TO MAKE YOUR FIRST INVESTMENT NOW (http://www.thebore.com/forum/index.php?action=pm;sa=send;u=39348)
-
Forums poster James to launch late presidential bid :success
Given his views on age of consent.... Libertarian Party here we come :klob
I feel like he should launder the investments into his campaign funds before some COINTELPRO investigation suggests that he is a foreign asset. :shh
-
I used to worry about my financial position now I only have to worry about the color of my Tesla.
-
This is when I sold
(https://i.imgur.com/1b4zRWN.png)
My timing is exquisite
:miyamoto
-
James turning into a successful stock options trader by miming everything he sees on Reddit and KissVibes doing an extended Joe Biden gag are the two funniest things to happen on this forum in a long time :lol
-
This is when I sold
(https://i.imgur.com/1b4zRWN.png)
My timing is exquisite
:miyamoto
you have no idea how hilarious your timing is because based on the technicals i have loaded, you sold when the rsi was near its peak of 60 which is fairly close to oversold. you simply couldn't have timed it better, fucking bravo. some bots prob picked up on those technicals and automatically bought shit -- this is the kind of market i assume a lot of these phd level algorithms are going to get fucked because the markets are no longer rational. generally you don't use rsi with indexes but given how volatile the markets have been, you can in its current condition.
holy fuck i am laughing irl
-
At some point next year I can retire and my employees will be like: :pika
-
This is when I sold
(https://i.imgur.com/1b4zRWN.png)
My timing is exquisite
:miyamoto
you have no idea how hilarious your timing is because based on the technicals i have loaded, you sold when the rsi was near its peak of 60 which is fairly close to oversold. you simply couldn't have timed it better, fucking bravo. some bots prob picked up on those technicals and automatically bought shit -- this is the kind of market i assume a lot of these phd level algorithms are going to get fucked because the markets are no longer rational. generally you don't use rsi with indexes but given how volatile the markets have been, you can in its current condition.
holy fuck i am laughing irl
I dont know what any of this means but I would like to learn how to do it again next week
Also got my first hate pm at the bore from a salty boi
-
technical analysis, take courses on thinkorswim but in the current market, technicals are kinda garbage
-
technical analysis, take courses on thinkorswim but in the current market, technicals are kinda garbage
What I am hoping from this thread is that people who know what theyre doing tell the rest of us what to do and we all get rich together.
"go get an mba" aint helping
-
the thinkorswim advice was good, definitely get some fundamentals in
-
you know, i would if there wasn't the possibility i'd be sued :'(
-
the thinkorswim advice was good, definitely get some fundamentals in
No, I want him to say "buy xxx NOW" and "sell yyy NOW". Those are helpful tips.
Im a busy boy, Im already spending most of my day refreshing wsb, I dont have time to take online classes as well. My boss is already wondering where my reports are.
you know, i would if there wasn't the possibility i'd be sued :'(
Ill sign a disclaimer!
-
yea, not doing that
-
I have been reading this on the train though:
https://www.optionsplaybook.com/option-strategies/
-
Good shit, James. :lol
-
I am just saying if enough people invest in the James Investment Fund, we can move the markets by ourselves baby :success
-
This is when I sold
(https://i.imgur.com/1b4zRWN.png)
My timing is exquisite
:miyamoto
you have no idea how hilarious your timing is because based on the technicals i have loaded, you sold when the rsi was near its peak of 60 which is fairly close to oversold. you simply couldn't have timed it better, fucking bravo. some bots prob picked up on those technicals and automatically bought shit -- this is the kind of market i assume a lot of these phd level algorithms are going to get fucked because the markets are no longer rational. generally you don't use rsi with indexes but given how volatile the markets have been, you can in its current condition.
holy fuck i am laughing irl
I dont know what any of this means but I would like to learn how to do it again next week
Also got my first hate pm at the bore from a salty boi
Was it shosta? :maf
-
This is when I sold
(https://i.imgur.com/1b4zRWN.png)
My timing is exquisite
:miyamoto
you have no idea how hilarious your timing is because based on the technicals i have loaded, you sold when the rsi was near its peak of 60 which is fairly close to oversold. you simply couldn't have timed it better, fucking bravo. some bots prob picked up on those technicals and automatically bought shit -- this is the kind of market i assume a lot of these phd level algorithms are going to get fucked because the markets are no longer rational. generally you don't use rsi with indexes but given how volatile the markets have been, you can in its current condition.
holy fuck i am laughing irl
I dont know what any of this means but I would like to learn how to do it again next week
Also got my first hate pm at the bore from a salty boi
Was it shosta? :maf
No shosty loves me
-
Dear God my ccl puts are about to print tendies for days
21 people test positive for coronavirus on California cruise ship, out of 46 tested so far
-
Brb taking out second mortgage to give to james
-
I am just saying if enough people invest in the James Investment Fund, we can move the markets by ourselves baby :success
But how can you invest when you got nothing from the start.
:sistine
-
I am just saying if enough people invest in the James Investment Fund, we can move the markets by ourselves baby :success
But how can you invest when you got nothing from the start.
:sistine
I'm willing to loan people $100 at 20% interest rate(12 month plan) to invest in the James Fund.
The returns are 20359% so that's easy money.
-
At some point next year I can retire and my employees will be like: :pika
Nintex rubbing his stonks success in the annoying vegan’s face :rejoice
-
This guy should have given his money to me instead
I'm freaking out and need advice.
Options
On friday I sold a SPY put for 282 that expires on 3/9 on Robinhood. I have less than 1000 dollars to my name in Robinhood. Does this mean that on 3/9 I will be in debt almost 30k?
https://www.reddit.com/r/wallstreetbets/comments/ff1dp2/im_freaking_out_and_need_advice/
-
james, you should post your returns for this week... pretty curious.
-
james, you should post your returns for this week... pretty curious.
Well I only sold the spy put, I'm holding the rest for when the mandatory quarantines start
I also have regular stocks from before that have gone down the shitter
-
I'm willing to loan people $100 at 20% interest rate(12 month plan) to invest in the James Fund.
The returns are 20359% so that's easy money.
I doubt I could pay it back, so might as well break my legs before.
-
James rn:
https://twitter.com/FamousCeleb/status/1235345232436359176
-
https://www.youtube.com/watch?v=DF_PPPNkw1o
Incoming James situation.
-
:drudge :drudge :drudge
Global stock market is collapsing, oil prices cratering (DOWN 25 FUCKING PERCENT), mass hysteria
And im about to print tendies
:rash
-
time for the bonus stage
-
time for the bonus stage
Im worried no one will be left solvent on the other side to pay out my wins :(
This oil crash is about to put a lot of people out of business.
S&P futures down 4.7%, supposedly trading is halted at 5%.
Edit: 4.82% in the time it took this edit lol
-
I am going to buy a racehorse with my tendies :success
-
(https://i.imgur.com/a1qBSyp.jpg)
:delicious
-
1200 points in one day tomorrow :dead
-
1200 points in one day tomorrow :dead
I'm thinking there will be an 1800 point one day drop at some point in the next couple weeks.
-
1200 points in one day tomorrow :dead
I'm thinking there will be an 1800 point one day drop at some point in the next couple weeks.
looks like today
dax futures are down more than 7% 8% 9% less than an hour before market open
:gloomy
-
Will James survive the day? That is the real question.
-
probably not, but death by hookers and blow sounds much better than dying from corona
-
Will James survive the day? That is the real question.
I have out of office meetings until 2pm so that's the earliest I'll be able to check anything lol
-
Shit show is about to start and I'm going to miss it
:(
-
7% down at open
:lawd
Into my meetings I go :(
-
1200 points in one day tomorrow :dead
I'm thinking there will be an 1800 point one day drop at some point in the next couple weeks.
looks like today
dax futures are down more than 7% 8% 9% less than an hour before market open
:gloomy
I FUCKING CALLED IT.
But I think it'll happen twice actually. I expect it'll do a big 5% or more swing up tomorrow and then the second 7% within a couple days later.
-
freeeeeefallllll!
-
(https://i.kym-cdn.com/photos/images/newsfeed/001/403/692/4a1.jpg)
-
American Airlines puts: 74.48%
Las Vegas Sands puts: +120.85%
Disney puts: +227.32%
The Under Armor puts I bought by mistake because I thought I was buying United Airlines: +283.83% :doge
Someone explain this to me please
Also Im about to be the proud owner of 100 Carnival Cruise Line stocks :doge
-
Explanation:
We are rich bois :playa
-
Explanation:
We are rich bois :playa
Thinking that James will give you your share of the profits :girlaff
-
Look at this guy on WSB
4 weeks ago:
I quadrupled my account in 1 year only using shares and leverage
https://www.reddit.com/r/wallstreetbets/comments/ewbv8q/i_quadrupled_my_account_in_1_year_only_using/
Made $103k
Today:
(https://i.redd.it/qs4w4ilxlnl41.jpg)
https://www.reddit.com/r/wallstreetbets/comments/ffv4hz/dont_hold_stonks_on_5x_margin_over_the_weekend_an/
:kobeyuck
-
I have no idea what to buy today :(
-
I have no idea what to buy today :(
Hand Sanitizer/Purell. Maybe some soap companies.
-
My AMD put from this morning ($44 exp 3/13) has about 10% return so far. I feel like letting it ride.
-
https://twitter.com/vijayprashad/status/1237100184657694720
-
Managing an international fund has made this harder to do :(
-
I have no idea what to buy today :(
Invest in coffins?
Maybe alcohol.
Or we could get some cheap oil before the Russians flatten Saudi oil fields.
Another example of why the James Fund is the best fund. He values your input and opinion.
-
I have no idea what to buy today :(
short italian tinned tomatoes
long other tinned foods
-
The fuck is the market doing
-
payroll tax cuts and stimulus promises. it's all hopeless though. we're still 1000 points lower than Friday's close.
-
The fuck is the market doing
Likely just a resistant bounce from officially becoming a bear market. It's kind of arbitrary, especially in the current context where the speed of decline is what's relevant, but what is conventionally understood as a ' bear market' is a 20% drop from the previous high. We're right at the cusp: (S&P down 18.9%, DIA down 19.3%, Nasdaq down 19% from all-time closing high.)
Or not. Who knows.
-
Ive been too busy at work to strade stonks but I took a quick glance at the portfolio today
Disney puts: +341.80%
Get fucked shitty comic book action movie empire
:tauntaun
-
How are the Vegas stonks doing? :money
-
How are the Vegas stonks doing? :money
I think it was up 2 hundred something
Oddly, my United puts have done the worst, only up like 30 percent. But theres still time for Trump to declare flying illegal
-
(https://i.imgur.com/1YOzsGU.png)
-
How are the Vegas stonks doing? :money
I think it was up 2 hundred something
Oddly, my United puts have done the worst, only up like 30 percent. But theres still time for Trump to declare flying illegal
Did you already forget that you didn't actually buy United Airlines? :lol
-
How are the Vegas stonks doing? :money
I think it was up 2 hundred something
Oddly, my United puts have done the worst, only up like 30 percent. But theres still time for Trump to declare flying illegal
Did you already forget that you didn't actually buy United Airlines? :lol
That’s why I trust James with my hard earned money.
-
https://twitter.com/forevertawl/status/1237926757665251328
-
How are the Vegas stonks doing? :money
I think it was up 2 hundred something
Oddly, my United puts have done the worst, only up like 30 percent. But theres still time for Trump to declare flying illegal
Did you already forget that you didn't actually buy United Airlines? :lol
I circled back and bought some after my friend Jared told me he was about to ban flights from Europe
Aal puts going to print
-
https://news.bloomberglaw.com/pharma-and-life-sciences/hundreds-of-corona-patients-allowed-to-try-gileads-ebola-drug
Should buy Gilead Sciences.
:brain
-
Holy shit its already a 2000 point drop, (8.5%). Obviously it's the biggest single day point drop but if it doesn't rebound by the end of day, then that makes it the biggest percentage drop since 1987.
-
We're currently 1500 points away from Dow 20,000 :dead
-
21,612.53 −1,940.69 (8.24%)
-
HODL
-
Who wants to bet on when we hit 15,000?
-
Who wants to bet on when we hit 15,000?
A 50% drop from the peak? That took like a year to happen after the 2008 meltdown.
If unemployment shoots up then maybe it will but it seems unlikely. WTF knows though.
-
Who wants to bet on when we hit 15,000?
Hard pass.
-
A special fuck you to Occam who told me over PM to sell my SPY puts because it was the smart play
I could have bought the bore dot com with my tendies :(
-
For everyone who doesn't invest, just know that this is a TERRIBLE time to invest. There is just volatility, these types of events are decades apart and there is no textbook example of how to act.
I do it for fun. Yesterday my put options (betting against a stock) were down 50% and now they're up 80% from what I bought them at on Tuesday. On Wednesday afternoon, I was totally prepared to lose what I put in.
When the market acts smart, you act smart. When it acts dumb, you act dumb. This might be a fun time to invest but be prepared to lose everything for no good reason. And in case you're wondering, I was betting AGAINST a GOOD company (AMD). So it's really not about how much successful a company is being right now. It's just all chaos and fear.
Edit: I'm up over a 100% now. Again, this is why they call it stonks.
-
I think the biggest reason why you don't want to invest right now, even though the economy might "recover" fully in a few years, is that GDP is a unit root process, not trend stationary, so its recovery level might be significantly lower than what the talking heads are expecting. This is what led to a kind of infamous back and forth between Paul Krugman and Greg Mankiw. And this also happens to be why the World Bank growth forecasts from 2010 onward were always way, way off.
https://krugman.blogs.nytimes.com/2009/03/03/roots-of-evil-wonkish/
-
I think the biggest reason why you don't want to invest right now, even though the economy might "recover" fully in a few years, is that GDP is a unit root process, not trend stationary, so its recovery level might be significantly lower than what the talking heads are expecting. This is what led to a kind of infamous back and forth between Paul Krugman and Greg Mankiw. And this also happens to be why the World Bank growth forecasts from 2010 onward were always way, way off.
https://krugman.blogs.nytimes.com/2009/03/03/roots-of-evil-wonkish/
We're definitely in a bad spot. The unemployment numbers from the last few years are over-inflated with contractor positions which means people are often poorly compensated and can be laid off easily. I would not be surprised at all if the recovery is slower than 2009-2012.
-
I can't believe Lagarde right now.
-
My Disney put is up 538.55% :doge
-
. When it acts dumb, you act dumb.
Again, this is why gave money to a guy who buys Under Armour put options by accident. :money
-
My Disney put is up 538.55% :doge
https://twitter.com/mtracey/status/1238144544341884928
-
And now my puts are plummeting because the fed is taking all our money and spending it at once :doge :doge :doge
-
I lost like $1000 in profits in the last 4 minutes
Dont worry boys, im holding. Feds got nothing on me
-
Excessive greed is a necessary character trait for a successful options trader.
NEVER SETTLE FOR A MEAGER 500% PROFIT
-
And now my puts are plummeting because the fed is taking all our money and spending it at once :doge :doge :doge
The federal reserve doesn't spend your money, it creates it ex nihilo.
-
Can the stock experts please chime in on whats happening right now
-
Is this how inflation happens
-
You miming Reddit and making fat returns despite knowing literally nothing is kind of like when Yugi lets the Pharaoh take over the wheel and Yugi wins every match
-
You miming Reddit and making fat returns despite knowing literally nothing is kind of like when Yugi lets the Pharaoh take over the wheel and Yugi wins every match
Excuse me but I read various options guides and none of them talked about the fed doing this
-
You didn't know what quantitative easing is?
-
The US government is taking my money. It‘s just like Weimar Germany. :stahp
-
I love you, James. Read a fucking CNBC article or something . :lol Fed ramped up repo program (adding liquidity to bank lending) that it announced a day ago. Also increased amount of instruments for purchase, including coupon bonds which ppl have been demanding for awhile. What does this mean for your tendies? Who the fuck knows. You're holding onto puts that made 5x it's money on the quickest downturn in decades. At this point, I'm just impressed that you didn't get suckered into buying weeklies, but the fact that you're still holding onto these things, despite not knowing much of anything (which is okay, if you're new to this), and after that kind of serendipity ... :lol :lol You're hilarious and I love you.
-
this is without a doubt the best thread
-
You didn't know what quantitative easing is?
I know it means we're bailing out wall street again
-
That's actually not what QE is, it's the federal reserve purchasing bonds back so that banks can lend their money instead of waiting for treasury notes to mature. The bailout was when the federal government purchased toxic assets from failing banks and gave them enough money to stay afloat while they clean up their books and recapitalize.
-
I'm just impressed that you didn't get suckered into buying weeklies
I didnt understand why the trading volume on some dates was so low (and the bid ask spread so high), but a nice person on wsb explained to me that some weeks are better than others and I should stick to the popular closing dates and thats been working out well for me
-
That's actually not what QE is, it's the federal reserve purchasing bonds back so that banks can lend their money instead of waiting for treasury notes to mature. The bailout was when the federal government purchased toxic assets from failing banks and gave them enough money to stay afloat while they clean up their books and recapitalize.
Dont bonds make like 1%? Seems pretty toxic to use my tax money to buy something with such small gains. Maybe the feds should start buying puts.
-
I literally just said that the fed doesn't use your tax money to do this, the printer just goes brrrrrr and money floods into the economy.
-
I'm just impressed that you didn't get suckered into buying weeklies
I didnt understand why the trading volume on some dates was so low (and the bid ask spread so high), but a nice person on wsb explained to me that some weeks are better than others and I should stick to the popular closing dates and thats been working out well for me
Because it's a gambling instrument. They were not offered in the past because they were such a rotten deal, although they've gotten better in recent years. Weeklies allow people with small accounts to day trade because you barely need any margin, and the theta decay is so quick on the final moments of expiry. Legally, you're allowed 3 day trades per week if you have under 25k in your account. But yes, the bid/ask is terrible.
A little clarification: They're a gambling instrument and a poor choice for the average retail trader. They're a good hedging tool for hedgefunds that can tank market risk, and regularly selling thousands of out-of-the-money weekly options scales well as a strategy, but is obviously out of reach for people like us.
-
Holding onto a put option that already made 500% profit is like, to use a sports betting analogy, betting on a huge underdog that miracolously pulled ahead hoping they would run up the score. :lol
-
I literally just said that the fed doesn't use your tax money to do this, the printer just goes brrrrrr and money floods into the economy.
Who funds the printer dickwad you ever bought toner before it's expensive as fuck
:karen
-
I'm just impressed that you didn't get suckered into buying weeklies
I didnt understand why the trading volume on some dates was so low (and the bid ask spread so high), but a nice person on wsb explained to me that some weeks are better than others and I should stick to the popular closing dates and thats been working out well for me
Because it's a gambling instrument. They were not offered in the past because they were such a rotten deal, although they've gotten better in recent years. Weeklies allow people with small accounts to day trade because you barely need any margin, and the theta decay is so quick on the final moments of expiry. Legally, you're allowed 3 day trades per week if you have under 25k in your account . But yes, the bid/ask is terrible.
Someone on wsb posted about their sister being flagged for day trading and luckily I googled that shit and avoided some serious consequences
:whew
Who knew the free market was so fucking regulated
-
Holding onto a put option that already made 500% profit is like, to use a sports betting analogy, betting on a huge underdog that miracolously pulled ahead hoping they would run up the score. :lol
Relevant:
:brazilcry
-
I really don't know anything about gambling on insurance for stocks but QE doesn't satisfy me in the absence of fiscal stimulus and people are saying that the floor could be as low as 30%. I also don't think people understand just how bad the oil price cratering in combination with countrywide lockdowns is going to shake financial markets. Prices recovered slightly today because fickle people reacted to the news but the serious investors have all left the market and are praying to God.
That's also why all these bounces always turn into bigger crashes the next day as smarter investors realize that the price recovery was completely unjustified.
-
I really don't know anything about gambling on insurance for stocks but QE doesn't satisfy me in the absence of fiscal stimulus and people are saying that the floor could be as low as 30%. I also don't think people understand just how bad the oil price cratering in combination with countrywide lockdowns is going to shake financial markets. Prices recovered slightly from cratering because people reacted to the news but the serious investors have all left the market and are praying to God.
So youre saying I should hold onto those puts
:rash
-
chase your tendies
-
Dow is back down 1,600 points as Fed intervention causes just a temporary respite from selling
It lasted only minutes. ::)
-
the only thing more hilarious than james is the fed :lol
-
https://twitter.com/ShaneDoorish/status/1238160637613785093
-
Dow is back down 1,600 points as Fed intervention causes just a temporary respite from selling
It lasted only minutes. ::)
(https://i.imgur.com/cqj5li9.png)
Like masturbating into a forest fire
-
I'm interested to read all the opinion pieces in the Wall Street Journal about investor confidence during a public health crisis, and why stimulus isn't working, without once addressing the American public's confidence in its private healthcare system.
-
My Disney puts are back up 610.10%
Get fucked fed.
-
My accidental UA puts are up 744.42% :larry
-
My accidental UA puts are up 744.42% :larry
:lol To be fair, I guess athletic wear is a non-essential.
-
My accidental UA puts are up 744.42% :larry
"My accidental Under Armor puts are up seven hundred and forty percent."
Newsfeed.
-
I would have sold these options immediately for these returns. But then again, that's why I don't run an international brokerage firm.
-
Do they sponsor the NBA or something? What am I missing here
-
How is it a mystery to you why airlines are bleeding out the ass? :dead
-
I would have sold these options immediately for these returns. But then again, that's why I don't run an international brokerage firm.
It feels silly to sell at less than 1,000% gain
-
Do they sponsor the NBA or something? What am I missing here
They weren't doing well prior to this event, it's just compounded turmoil.
-
How is it a mystery to you why airlines are bleeding out the ass? :dead
UA is under armor you fool. I thought I was buying United Airlines but I wasnt
:karen
-
Oh :lol
All consumer goods are going to be hit hard but it looks like UA has been underperforming for years and just posted some really bad returns. I can't believe you made a great bet against a company you didn't even know was doing bad :rofl
-
I wonder how much of the UA movement are idiots like me and shosty who think we're getting a deal on United Airlines puts :doge
It happened with Zoom over and over again
-
Remember when 1,000 points was a big number
Now we dropping 2,000 and it's just another weekday
-
Ok reddit is saying to buy long-term puts on Zoom (ZM) because theyre massively overvalued and no one will actually stick with them once corona rolls over.
Thoughts?
-
a supply-side recession mixed with dangerously low-interest rates that removed the market's inherent risk of relying on debt which led to an exponential growth in global debt, so what could possibly go wrong with the feds ready to set interest rates well past zero despite the inevitable demand shock that will send inflation numbers spiraling in march? clearly the fed knows that they have neither the ammunition nor tools to combat a global pandemic and they could've possibly used up all their ammunition in dealing with inflation
the fed is shook and you should be too :ufup
save for james, james is a fucking champ :success
-
I'm not worried about inflation, the only other choice is people starving to death and debt deflation. I guess creditors would be worried about inflation though... fuck em :heh
-
Ok reddit is saying to buy long-term puts on Zoom (ZM) because theyre massively overvalued and no one will actually stick with them once corona rolls over.
Thoughts?
https://www.barrons.com/articles/zoom-video-downloads-spike-but-stock-valuation-remains-high-51584026978
-
Im leaning no on the August ZM puts, way too pricey
Theyre trading at $111 right now and a put for $85 on August 21 costs 12.30 a pop
Thats too much right?
Edit: see above, apparently the big wigs have a target of $110 long term, close call on this one :whew
-
I'm not worried about inflation, the only other choice is people starving to death and debt deflation. I guess creditors would be worried about inflation though... fuck em :heh
I don't remember where I read it, but I read a piece how post WWI style turbo-inflation would save the middle class. :doge
-
Ok reddit is saying to buy long-term puts on Zoom (ZM) because theyre massively overvalued and no one will actually stick with them once corona rolls over.
Thoughts?
Im leaning no on the August ZM puts, way too pricey
Theyre trading at $111 right now and a put for $85 on August 21 costs 12.30 a pop
Thats too much right?
Edit: see above, apparently the big wigs have a target of $110 long term, close call on this one :whew
Corona rolling over in August?
-
Ok reddit is saying to buy long-term puts on Zoom (ZM) because theyre massively overvalued and no one will actually stick with them once corona rolls over.
Thoughts?
Im leaning no on the August ZM puts, way too pricey
Theyre trading at $111 right now and a put for $85 on August 21 costs 12.30 a pop
Thats too much right?
Edit: see above, apparently the big wigs have a target of $110 long term, close call on this one :whew
Corona rolling over in August?
China solved their issues in about 4 months.
So I think 6 months for the US to get their shit together is a good call right?
-
I don't know. I get the feeling that a worldwide virus this contagious, where world leaders are saying that 70% of their citizenry will be infected won't likely be solved by August. I'm a nobody, though. I have no idea.
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i'm not an expert but this is how i read into those numbers: 70% will be infected by god knows which strain and despite coronaviruses having a low mutation rate compared to say the flu, they still mutate, so yea, we're fucked
-
I divested myself near the bottom in the last 30 minutes. On a $450 investment, I sold for about $950, pretty decent ROI.
Have NO idea what will happen tomorrow. The next six months will suck for the economy.
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(9.99%)
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WSB told me to buy puts on Live Nation, which I did
Live Nation and AEG Suspend All Tours Amid Coronavirus Outbreak
All domestic and international touring shows produced by the companies are postponed
:mynicca
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My headcanon is that james is actually a highly successful stocks broker and is just messing with us.
-
:drudge :drudge :drudge :drudge :drudge :drudge :drudge
https://twitter.com/CNBCnow/status/1238201622989242368
I
AM
GOING
TO
BE
RIIIIIICH
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Never forget who believed in you the whole time james!
-
:mynicca :mynicca :mynicca :mynicca :mynicca :mynicca :mynicca :mynicca :mynicca :mynicca
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Did I ever mention how james is my close and personal friend? :-*
#EphebophiliaIsNotACrime
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awww yeah :pimp
-
(9.99%)
*laughs in Herman Cain*
-
Will PM you bore secrets for percents
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PayPal me $299 today and you might get an early heads up for the upcoming James Fund IPO.
-
nintex keeps winning :patel
-
If 5 people pm me 100 each, i can give Nintex 500.
And then if the 5 of you get 5 additional people each to pm me 100, you will each get 500
There's no downside
-
Stonks go down stonks go up. Not looking again until Tuesday
-
Just do it blind and drunk :birb
-
Fuck i tried to buy some NCL puts at 3:59pm to take advantage of the pump and the fucking website froze on me
THE GAME IS RIGGED
-
Get some of these corona test companies that are giving up parking lot.
-
DOW went up almost 1,000 points during that idiotic press conference
:dead :dead :dead :dead
The market is full of imbeciles
-
https://twitter.com/ABC/status/1238556513708453889
BOOM, back in business bois 8)
NOTHING STOPS THIS TRAIN :rejoice
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It was the biggest sale on puts in a generation and the fucking website didnt let me submit the order
-
Is this considered insider trading?
https://www.reddit.com/r/wallstreetbets/comments/fi4boa/nlch_about_to_annouce_cancellation_of_cruises/
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If you cared about ethics you wouldn’t have gotten into options trading in the first place :trumps
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Is this considered insider trading?
https://www.reddit.com/r/wallstreetbets/comments/fi4boa/nlch_about_to_annouce_cancellation_of_cruises/
I mean it's an internet post, but the way it's worded: Highly likely, but highly unlikely to prove.
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Is this considered insider trading?
https://www.reddit.com/r/wallstreetbets/comments/fi4boa/nlch_about_to_annouce_cancellation_of_cruises/
No, because he didn't have any inside information. He just deduced what was about to happen using information that was available to everyone.
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If you cared about ethics you wouldn’t have gotten into options trading in the first place :trumps
I care about tendies
:karen
-
Is this considered insider trading?
https://www.reddit.com/r/wallstreetbets/comments/fi4boa/nlch_about_to_annouce_cancellation_of_cruises/
ALL CRUISES ARE SOLD OUT, = THIS IS IMPOSSIBLE..LITERALLY JUST AN HOUR AGO EVERY ROOM CLASS WAS AVAILABLE, JUST TRIED TO BOOK ONM WEBSITE, ANNOUNCEMENT GOING TO HAPPEN SOON. MEANING THEY ARE CANCELING NCL CRUISES GOOOOOO.. . IVE BEEN TRYING TO BOOK A CRUISE LIKE AN AUTIST ALL DAY WAITING FOR A DISCOUNT, JUST NOW THEY MADE IT UNAVAILABLE TO BOOK ANYTHING.
You're taking investment advice from people gambling with their life.
-
Both PlayStation 5 and Xbox Series Xbox X X are moved to the first half of 2021 and an announcement will follow within a month.
Time to bet against the vidya James :mynicca
-
Someone tell me if the feds fucked me
-
stonks will go up because of a temporary boost in confidence so just hold on until businesses start posting more fat losses.
-
stonks will go up because of a temporary boost in confidence so just hold on until businesses start posting more fat losses.
So selling my March 17 puts early and going all in on April was the right move?
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Yes, and I hope you did it on margin, too.
-
Yes, and I hope you did it on margin, too.
Im not a gambler dude. I just want safe gains.
-
https://twitter.com/1Marchella/status/1239310410001477633
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Hit the down limit
The feds have no power here
-
lol dow futures hit limit down, stocks going up lol
-
they went up the last time fed cut rates, can't blame me for guessing they would again :trumps I'm still right that the real level should be much lower regardless.
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shosta, kindly :camby
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I'm so fucking ready for another week of quality WSB gain/loss porn :lawd
Dumb central banks thinking they have any power over coronachan
-
https://www.reddit.com/r/SubredditDrama/comments/fja1n0/rwallstreetbets_has_gone_private/
#RIP
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They should halt the market for 3 weeks so they can keep this 'ammo' for the recovery.
As james would put it, they just masturbated another 700 billion into a forest fire.
-
They should halt the market for 3 weeks so they can keep this 'ammo' for the recovery.
As james would put it, they just masturbated another 700 billion into a forest fire.
That quote should be on a tshirt
-
https://www.reddit.com/r/wallstreetbets/comments/fjb79b/thank_you_wsb_for_all_you_have_done_in_my_life/
(https://i.redd.it/g8bax2qccxm41.jpg)
:lol
WTF did u do OP? yolo MSFT 200c 3/20?
nah i’m just a dumbass who doesn’t know when to sell, i actually had profit on most of my trades but didn’t sell and ultimately lost my money.
The graph shows consistent gains in the downward direction bro
-
james, would you advise to go anywhere near energy stocks right now?
-
james, would you advise to go anywhere near energy stocks right now?
Be like Bernie don't support that
2000 point instant dow drop at opening, trading frozen
Lol get fucked fed
-
down 2700 pts
:yikes
-
Market is going to go below what it was when Trump took office
:whew
-
Blue Apron stock up 70% today
Come on guys, this is the type of easy money we should have been on.
Their stock was under $3 yesterday, so a super easy entry point.
GET ON THE FUCKING BALL SHOSTA
Edit: holy shit their stock cost $140 at one point :doge :doge :doge
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Dow down -2683
Im old enough to remember when -1000 was big and scary
Im looking at a $2,066.46 profit on my spy put :doge
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Stock market :neogaf
-
https://twitter.com/LILBTHEBASEDGOD/status/1239603502306881536
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I don't understand this shit at all so help me understand the actual process going on here
everyone going nuts saying "buy puts buy puts" but that's just one action, what's the full trade taking place here
do they not even necessarily own stock in the thing, they're just buying a put so they can sell it later
or do they own stock and are buying puts against it so they can sell it at that price later and that's when they make bank
what is the initial setup and then the timetable of what they're doing, is it literally spend $1000 on puts and then a couple hours later sell the puts for $3000 or w/e
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what is the initial setup and then the timetable of what they're doing, is it literally spend $1000 on puts and then a couple hours later sell the puts for $3000 or w/e
Yes.
This is what we in the business call printing tendies
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but selling puts gives someone else the right to force you to buy at that price
it's not like you made your money and the transaction is done
or is the implication that things went your way and they would have to be stupid to make you buy
edit: wait you're not selling the put, you're exercising the option of the put you bought to force some other schmuck to buy at that price? from you? so you do have to own the stonk first
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Sounds like one big scam to me.
-
but selling puts gives someone else the right to force you to buy at that price
it's not like you made your money and the transaction is done
or is the implication that things went your way and they would have to be stupid to make you buy
edit: wait you're not selling the put, you're exercising the option of the put you bought to force some other schmuck to buy at that price? from you? so you do have to own the stonk first
Be like this guy who went from 800 to 120000
https://www.reddit.com/r/wallstreetbets/comments/fjtneo/18_yo_800_to_115000_in_2_months/
And no most of this doesn't involve buying or selling the stock. The trick is to do everything before the strike date. Then it's someone else's problem.
I don't know what happens on strike date and I don't care to ask.
-
Boeing (BA) down 20% today alone
Theyve gone from $391 a year ago to $105 right now.
I didnt want to touch them because as a military contractor, I feel theyre first in line for any bailout.
-
Caesars Entertainment Corporation (CZR) down 30% just today
:whew :whew :whew
-
(https://i.imgur.com/CfRoKqH.png)
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but selling puts gives someone else the right to force you to buy at that price
it's not like you made your money and the transaction is done
or is the implication that things went your way and they would have to be stupid to make you buy
edit: wait you're not selling the put, you're exercising the option of the put you bought to force some other schmuck to buy at that price? from you? so you do have to own the stonk first
Ok not on mobile anymore so I can give a better reply.
Selling (writing) a put does force you to buy the stock at expiration if you are holding it. This is a good strategy if you actually want to buy the stock.
IE, if the stock costs $15 today, and you think its a good price, but feel it might go lower, you sell (write) a put for $12. Immediately, you collect cash money (the premium). If the stock doesnt go down to 12, thats it, you dont buy the stock and nothing else happens. If it DOES fall to 12 or below, you do buy the stock (so make sure you have the cash to do so).
The big money has been on the other side - buying puts that other people are writing. You dont want the stock and youre betting the price will go down. If the stock keeps falling, you make money. If the stock goes up in price, you lose your bet.
The question right now is where the bottom is. When I started this thread, it was legit free money. There was no way to lose. As this drags on, we will eventually reach some kind of bottom. No one knows where that is though. So you can still make money buying puts, or you could be buying at the bottom and be fucked,
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I mean, it's essentially been free money for the past 10 years if you don't do day-to-day gambles and manage the odd poorly performing month. :lol
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James, not to pry too much, but what was your principal and what's your net return right now? In dollar amounts.
-
James, not to pry too much, but what was your principal and what's your net return right now? In dollar amounts.
I dont know how to generate those cool graphs people keep posting on WSB
My best ones are these, although its down from yesterday:
$1,550.46 (554.65%)
$1,548.46 (135.88%)
$1,279.46 (387.08%)
My worst one is technically this one, which is the put I sold for CCL. Its not a real loss though because I wanted to buy the stock anyway, I just overpaid. Everyone loves cruising. I might buy more stock honestly, theyre at $12.93 which is an incredible deal. Ill wait another month though and maybe get in at $10. Same for Royal. Fuck Norwegian though, asshole CEO.
-$948.56 (-587.56%)
Had I been the proud owner of bigger balls, all my gains could have been 3x as much.
:brazilcry
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The big money has been on the other side - buying puts that other people are writing
so what you're browsing a giant list of puts for sale and picking some
or are you just saying "I'll buy any puts for this price on this date" and the market is big enough that some mad lad out there is guaranteed to sell to you
And also there has to be a second step in there to actually make the money, yes you buy a put and the value of the put goes up, but how do you cash out without selling that put and therefore forcing yourself to buy those stocks?
or is the difference that you're not creating a new put to sell in this case, you're just passing it along to someone else? that's sell to close as opposed to selling a put?
-
The big money has been on the other side - buying puts that other people are writing
so what you're browsing a giant list of puts for sale and picking some
or are you just saying "I'll buy any puts for this price on this date" and the market is big enough that some mad lad out there is guaranteed to sell to you
Sort of. You pick a company you think will go down, you pick a future date and then you open whats called an option chain. It looks like this:
(https://www.stockrover.com/img/blog/2016-03-18-options-chain/calls-puts.png)
The right side is puts (left is calls)
So in this example, Facebook was currently at 111, and you think it will go down to 100, so you go to that row and see that it costs you 0.48 to buy those puts (x100, options are sold in 100s).
Further to the right you see the volume, which is how busy that specific transaction is. If theres no volume, its probably a really bad idea, or youre a genius for being first.
Now at this point, puts arent selling for cents...some puts are going for $10+ dollars (x100) because of the market volatility. So its harder to get in at low risk.
And also there has to be a second step in there to actually make the money, yes you buy a put and the value of the put goes up, but how do you cash out without selling that put and therefore forcing yourself to buy those stocks?
or is the difference that you're not creating a new put to sell in this case, you're just passing it along to someone else? that's sell to close as opposed to selling a put?
I am selling the puts I bought to other people. So im not creating new puts, I am just passing them along. Think of it like hot potato.
Something happens at expiration (strike date) and it seems complicated so I am selling before we get to that date so I dont have to worry about it. Potentially Im losing some profit but its not worth the hassle to figure it out honestly.
On the website, you get these options:
Puts:
Buy to open
Sell to close
This is where you buy existing puts and then when youre ready you hand them off to someone else.
Puts:
Sell to open
Buy to close
This is when you create a new put, which is giving you an obligation to buy stock at expiration. If you buy to close, you are passing the potato along.
Shosta, is this all correct?
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The big money has been on the other side - buying puts that other people are writing
so what you're browsing a giant list of puts for sale and picking some
or are you just saying "I'll buy any puts for this price on this date" and the market is big enough that some mad lad out there is guaranteed to sell to you
And also there has to be a second step in there to actually make the money, yes you buy a put and the value of the put goes up, but how do you cash out without selling that put and therefore forcing yourself to buy those stocks?
or is the difference that you're not creating a new put to sell in this case, you're just passing it along to someone else? that's sell to close as opposed to selling a put?
Yep, that's exactly it: You buy puts at a 'strike', and are buying from a 'giant list', so-to-speak. If those strikes are out-of-the-money, they're cheaper, but have a lower chance of expiring profitable, because every day they degrade in value: It's more risky. In-the-money strikes are the opposite: the expectations are lower, but the cost of the call/put is more.
You buy and sell the contract, not the underlying stock. You're selling the contract to someone else, with the implication that you've made enough money prior to that handoff. Option contracts degrade in value over time. Someone who buys a contract off of you with 1 day left of time decay will hope to profit from a very short-term move.
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thank you guys so much for being helpful and informative, that makes sense :brain
and these are probably all market orders for speed I assume
regular stonks is a lot easier to wrap your head around than options
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thank you guys so much for being helpful and informative, that makes sense :brain
and these are probably all market orders for speed I assume
regular stonks is a lot easier to wrap your head around than options
It's one of those things that is a lot simpler when you get some hands-on experience. The real complexity comes from understanding the pricing model, it's a partial differential equation called the Black–Scholes equation, that big-brained math guys have been using to take advantage of arbitrage opportunities. IE: Nassim Taleb who autistically scoured the market for years finding specifically underpriced Out-of-the-money puts (when the conventional wisdom was that they were overpriced), and just hoarded them until Black Monday to make $40 million in a day. Now the guy just starts fights on Twitter, which is pretty funny as well. :lol
-
Yeah I still dont get any of the greek words but it doesnt appear to matter
-
James, do you think Boeing is a good buy?
(https://imgur.com/a/I4MDWqc)
Cons
- Make planes that aren't capable of flight
- With the collapse of air travel, no airline will be able to afford or will want to buy new planes
- Point 2 actually make point 1 irrelevant when you think about it, so there are no cons
Pros
- Lot of AMERICAN jobs
- Make AIR FORCE 1 FUCK YEAH
- Make fighter jets and choppers to SHOOT DOWN IRANIAN ATTACKERS
Take a look at this prediction - should be back to $400 once this corona shit blows over
(https://i.imgur.com/UDgo5YU.png)
Also
Trump wants to bailout boeing too, seems a nobrainer? (https://edition.cnn.com/2020/03/17/business/boeing-bailout-trump/index.html)
Maybe Boeing will code MCAS but for their share price? Guaranteed tendies?
-
(https://i.imgur.com/nZyU7hd.png)
-
James, do you think Boeing is a good buy?
(https://imgur.com/a/I4MDWqc)
Cons
- Make planes that aren't capable of flight
- With the collapse of air travel, no airline will be able to afford or will want to buy new planes
- Point 2 actually make point 1 irrelevant when you think about it, so there are no cons
Pros
- Lot of AMERICAN jobs
- Make AIR FORCE 1 FUCK YEAH
- Make fighter jets and choppers to SHOOT DOWN IRANIAN ATTACKERS
Take a look at this prediction - should be back to $400 once this corona shit blows over
(https://i.imgur.com/UDgo5YU.png)
Also
Trump wants to bailout boeing too, seems a nobrainer? (https://edition.cnn.com/2020/03/17/business/boeing-bailout-trump/index.html)
Maybe Boeing will code MCAS but for their share price? Guaranteed tendies?
I posted my analysis earlier today:
Boeing (BA) down 20% today alone
Theyve gone from $391 a year ago to $105 right now.
I didnt want to touch them because as a military contractor, I feel theyre first in line for any bailout.
So does that mean theyll go up?
The problem is, Trump and friends are so corrupt I could see them doing something like cratering Boeing so Jared can buy it, rename it Trump Air, and then shower that in bailout cash
So theres some risk.
-
My bad for missing that, I am a moron
I guess that also means I should buy leveraged puts on my CC
-
My bad for missing that, I am a moron
I guess that also means I should buy leveraged puts on my CC
Take out a student loan and put it all on the market. When the gov forgives our loans its free money
-
James, do you think Boeing is a good buy?
(https://imgur.com/a/I4MDWqc)
Cons
- Make planes that aren't capable of flight
- With the collapse of air travel, no airline will be able to afford or will want to buy new planes
- Point 2 actually make point 1 irrelevant when you think about it, so there are no cons
I mean your list alone makes it sound like a bad buy. :yeshrug
James' post about them being down also confirms it. I don't really see Boeing in the next quarter actually picking things up. Not with the virus, anyway.
-
Bayer cratered at 47 Euro Dollars. Shouldn’t have been so biasé about them when I bought at 80. :doge
Please invent some corona medication, please invent some corona medication.... :existential
-
(https://i.imgur.com/lWPZacv.jpg) ;)
-
so james is actually part of hillarys network with his highly suspicious trades?
#pizzagateisreal
-
plz continue education
why do people buy several puts like this, what is the later strategy in getting money out of them
(https://i.imgur.com/9rUKjqY.png)
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plz continue education
why do people buy several puts like this, what is the later strategy in getting money out of them
(https://i.imgur.com/9rUKjqY.png)
Likely, they can't get a fill order for 600 on one strike: it's a $700,000+ trade. I dunno. I'd have to check the amount of open interest and volume. There's nothing strategic about it outside of that context.
-
also james is all about the squid kids and doesn't even have an opinion on NTDOY :confused
like someone else said they about to sell 50 million animal crossings to shut ins globally
-
I don't even think Nintendo's stock trades as options, at least not on any US or European exchange
-
:neogaf
they're not risky enough to fuck with
-
Yeah foreign companies are risky and Nintendo stock has too many emotional buyers and sellers
-
This guy has $450k on the line, with options expiring Friday
He bet SPY goes under 240. Its at 242 right now
https://www.reddit.com/r/wallstreetbets/comments/fkc6i4/all_in_full_autism_this_is_what_the_people_come/
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This guy has $450k on the line, with options expiring Friday
He bet SPY goes under 240. Its at 242 right now
https://www.reddit.com/r/wallstreetbets/comments/fkc6i4/all_in_full_autism_this_is_what_the_people_come/
These people are animals
-
Canadian oil at $10 a barrel. :cancry
-
Bayer cratered at 47 Euro Dollars. Shouldn’t have been so biasé about them when I bought at 80. :doge
Please invent some corona medication, please invent some corona medication.... :existential
German government stocking up on Malaria medication made by Bayer. :money
-
This guy has $450k on the line, with options expiring Friday
He bet SPY goes under 240. Its at 242 right now
https://www.reddit.com/r/wallstreetbets/comments/fkc6i4/all_in_full_autism_this_is_what_the_people_come/
Did it hit? Apparently the market is frozen right now.
-
This guy has $450k on the line, with options expiring Friday
He bet SPY goes under 240. Its at 242 right now
https://www.reddit.com/r/wallstreetbets/comments/fkc6i4/all_in_full_autism_this_is_what_the_people_come/
Did it hit? Apparently the market is frozen right now.
Well, spy is at 234 right now so the mad man is now a very very rich boi
-
Blue Apron stock up 70% today
Come on guys, this is the type of easy money we should have been on.
Their stock was under $3 yesterday, so a super easy entry point.
GET ON THE FUCKING BALL SHOSTA
Edit: holy shit their stock cost $140 at one point :doge :doge :doge
I bought 100 of these bad boys yesterday and Im up 307.67%
:doge :doge :doge :doge :doge :doge :doge
-
My disney puts:
921.32%
:doge :doge :doge :doge :doge :doge :doge :doge :doge :doge :doge :doge :doge :doge
-
My disney puts:
921.32%
:doge :doge :doge :doge :doge :doge :doge :doge :doge :doge :doge :doge :doge :doge
strike and exp?
-
After this, me, James and the German are millionaires.
Then afterwards we sell the movie script and book rights and become billionaires :success
Me, James and the German is the book title btw.
-
Canadian oil at $10 a barrel. :cancry
Good thing Alberta just passed an austerity budget based on $60/bbl :birb
-
(https://i.imgur.com/lLoZBgz.png)
-
(https://i.imgur.com/md937mM.png)
-
The Toronto Stock Exchange
May 30, 2008: 14,714
March 18, 2020: 11,721
-
(https://i.imgur.com/md937mM.png)
Just send a fee to Great Lagos Credit to unlock the funds...
-
Yeah foreign companies are risky and Nintendo stock has too many emotional buyers and sellers
I don't feel like a real Nintendie would ever sell Nintendo stock
Thats the thing. Nintendo fans keep buying. The Nintendo-is-doomed folks keep selling. Whole market is out of whack
-
Once again my best performer is still UA (Under Armor) now up 1358.55%
Stonks.
-
Someone on wsb made $500,000 and now I am sad :(
-
https://twitter.com/lhfang/status/1240417047860764672
TFW Corporations get to gamble free of consequence because they secure decades-long contracts w/ the government, and I have to play the market like a shit-eating nerd.
-
Im buying crypto aawww yeah
-
The stock markets aren’t acting rational, so let’s buy crypto where the market has never acted rational to begin with :brain
-
Someone on wsb made $500,000 and now I am sad :(
Stop jacking off to underage Squids, and you too could be autistic enough to make tendies. :doge
-
ECB just wasted 750 billion Euros, should have invested in the james fund instead :karen
-
edit: meh
-
Ive gotten more PMs since I opened the JAMES FUND than in the previous 8 years of having an account here
:preach
-
i guess people are more into money than they are into underage squidgirls :doge
-
Can't have one without the other.
-
Can't have one without the other.
that might very well be true, looking at my own dumpster fire of a portfolio :(
-
JCPenny stock is the saddest thing Ive seen this week :(
https://finance.yahoo.com/quote/JCP/options?p=JCP
How do you even make money if the lowest price put, 50 cents, is higher than their current stock?
-
Chipotle Mexican Grill, Inc. (CMG)
NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
Visitors trend2W10W9M
503.41+38.20
??? ??? ??? ???
-
According to wsb, you can buy puts on India, and India is probably fucked, so I went ahead and did that
-
:drudge :drudge :drudge
Serious help needed.
I have a theory that no one will be going into the pool this summer. Ergo, the pool business will be in a bad place.
Enter Pool Corporation
https://finance.yahoo.com/quote/POOL?p=POOL&.tsrc=fin-srch
They havent gone down much, which means theres room to fall.
The thing is, there zero (0) volume on their options. That means I could be a first mover, but it also means I could be missing something.
Thoughts?
-
:drudge :drudge :drudge
Serious help needed.
I have a theory that no one will be going into the pool this summer. Ergo, the pool business will be in a bad place.
Enter Pool Corporation
https://finance.yahoo.com/quote/POOL?p=POOL&.tsrc=fin-srch
They havent gone down much, which means theres room to fall.
The thing is, there zero (0) volume on their options. That means I could be a first mover, but it also means I could be missing something.
Thoughts?
Watch that actually be a company offering tools for office sports pools and James still makes bank as all the leagues stay closed
-
everyone staying indoors hitting 8 ball in the corner pocket and it skyrockets
-
Stonks 101
(https://wolfstreet.com/wp-content/uploads/2020/03/US-Tesla-share-price-2020-03-18_.png)
-
So Im going to pass on the POOL company because Im scared.
But heres my YOLO of the day. Im literally the only one trading this bad boy :doge
Yes, the bid-ask spread was painful but....yolo?
(https://i.imgur.com/PBqEFPY.png)
Hopefully Ill find a sucker on the other side next month...
-
ok so tomorrow is apparently a super special fancy day I think they call it the witcher 3 day or something
every definition I can find of it just says it's when "stock index futures, stock index options and stock options all expire on the same day" and doesn't elaborate beyond that
so like uh
every put and call option that everyone owns expires tomorrow? what the fuck
-
ok so tomorrow is apparently a super special fancy day I think they call it the witcher 3 day or something
every definition I can find of it just says it's when "stock index futures, stock index options and stock options all expire on the same day" and doesn't elaborate beyond that
so like uh
every put and call option that everyone owns expires tomorrow? what the fuck
Sort of.
Remember the strike date? Almost all the March ones expire tomorrow. So it's a big day. Every month, on the 3rd Friday, this is the case. In the image above your post, you can see the date is April 17 and July 17.
Now apparently you can also buy options that expire on other fridays, but I was told to avoid those. I guess the volume is too low or something, but theyre bad news.
-
I think the general logic is that since a lot of people bought futures contracts with the expectation of a downturn, there may be a pump up in price to lower the payout on those contracts. So we'll see, if that happens then I expect a big drop on Wednesday once the market stops sucking its belly in.
And AKSHUALLY, it's called a quadruple witching day. :brain
-
ok so tomorrow is apparently a super special fancy day I think they call it the witcher 3 day or something
every definition I can find of it just says it's when "stock index futures, stock index options and stock options all expire on the same day" and doesn't elaborate beyond that
so like uh
every put and call option that everyone owns expires tomorrow? what the fuck
Sort of.
Remember the strike date? Almost all the March ones expire tomorrow. So it's a big day. Every month, on the 3rd Friday, this is the case. In the image above your post, you can see the date is April 17 and July 17.
Now apparently you can also buy options that expire on other fridays, but I was told to avoid those. I guess the volume is too low or something, but theyre bad news.
oh it's the options that most of the public already specifically selected to expire on that day
every resource bluntly says "it's the day when options expire" which could easily imply "all currently open options regardless of strike date"
goddamn terminology needs to be more specific
-
Blue Apron stock up 70% today
Come on guys, this is the type of easy money we should have been on.
Their stock was under $3 yesterday, so a super easy entry point.
GET ON THE FUCKING BALL SHOSTA
Edit: holy shit their stock cost $140 at one point :doge :doge :doge
You fuckers dont listen.
When I posted this, Blue Apron cost $3.
Yesterday it reached $26!
Now its down to $11, which is still 3x what I paid.
And this is your basic stock folks, no messing with options
https://finance.yahoo.com/quote/APRN?p=APRN&.tsrc=fin-srch
-
Huh the witch thing is actually real
https://en.m.wikipedia.org/wiki/Triple_witching_hour
It must be why all my positions are losing crazy money today
-
Huh the witch thing is actually real
https://en.m.wikipedia.org/wiki/Triple_witching_hour
It must be why all my positions are losing crazy money today
It's like watching someone skate downhill but they're wearing VR goggles. What positions do you have right now? Currently I just have these three which I got for a decent price in the last 30 min today:
MU 04/03/2020 35.00 P
FIT 4/9/2020 6.00 P
SPY 04/13/2020 195.00 P
Fitbit is obviously a big gamble since they already had an offer from Google but they only need to drop 5% to break even on what I paid so I'm thinking if there's a drop on Monday, I could sell all of those next week for a good return.
-
I didn't buy anything today.
I did buy puts on India and mesa airlines yesterday and both went down like 50 percent today when I looked
But they're July puts so I'm sure I'm fine.
I always am :doge
-
Not sure what to do with my airlines puts this week.
Should I get rid of them because the democrats will cave and bail them out?
The democrats always cave...
-
Don't take my word for it but I think we're basically at the bottom now. Obviously there's going to be worse economic news coming in but all of that is already priced in. Once the stabilizers kick in we're on to (slow, painful) recovery.
-
Don't take my word for it but I think we're basically at the bottom now. Obviously there's going to be worse economic news coming in but all of that is already priced in. Once the stabilizers kick in we're on to (slow, painful) recovery.
Tell me what this means. Should I buy stuff that will obviously rebound?
-
Yes. Large, safe businesses only. Ask TEEEPO where to put your money.
-
I went all in on Bayer, they better sell tons of Chloroquine :maf
-
With encouraging corona numbers all over Europe today, I expect some confidence to return in the Yuropean stock markets soon.
-
I don't
-
We need more kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk kachunk
:money
-
I don't
Don’t hide your careposts :bolo
-
I don't
Coward
-
Don't take my word for it but I think we're basically at the bottom now.
:crowdlaff :girlaff
Let's wait for the 1 million unemployed to collapse the auto and housing markets first.
-
whom do you think these small businesses get their loans from? the efficient market hypothesis is largely rubbish, the market isn't rational and investors sure as hell aren't.
a lot of airbnbs about to default and rent is about to get a whole lot cheaper :kermit
-
So everyone on WSB has been talking about an IV crush, and I dont know what it is, so I was scared to look at my account today.
Eh, no real changes.
My biggest winner is still Under Armor puts, which is up 1409.72%
-
The problem is never the virus or the war but some underlying economic or bullshit banking 'oops'
Like: Yeah, so uh the banks put all their bailout money into AirBnB and McDonalds because that could only go up but to be safe those loans were transferred into Saudi oil IOU's as collateral at $80 a barrel
which were then packaged together and distributed as small business loans in Wuhan to support retirement funds in Germany. Guess uh, we didn't see that one coming so we need 10 trillion to cover up the credit default swaps.
-
(https://i.imgur.com/0WVU7ex.jpg)
landlords have landlords, bless up
-
Drop-shipping vacation properties through a third-party platform is pretty amazingly stupid just in terms of all the value lost to middlemen.
I don't think we're at the bottom but right now it's calm until a stimulus passes. I feel like people have given up on listening to any experts or technical analysis and are just sitting tight to see what happens. People are saying that it would make sense for Congress to pass the bill by Thursday to show that they're producing a solution but I only expect that to tick up the market for a few days at most.
The thing is we still have to see what the economic damage is going to be. Also I'm not really sure how it's going to work with lockdowns being on a state-by-state basis and no doubt the states with a heavy manufacturing/tourism economy are going to be a little bit more lenient. If we see terrible death rates in those states, expect another nationwide lockdown and another crash.
-
So everyone on WSB has been talking about an IV crush, and I dont know what it is, so I was scared to look at my account today.
Eh, no real changes.
My biggest winner is still Under Armor puts, which is up 1409.72%
you need to cash the fuck out before something happens
-
So everyone on WSB has been talking about an IV crush, and I dont know what it is, so I was scared to look at my account today.
Eh, no real changes.
My biggest winner is still Under Armor puts, which is up 1409.72%
you need to cash the fuck out before something happens
I mean 1,000% is nice
But wouldn't it be cool if it hit 2000%?
Something to tell the kids
-
But wouldn't it be cool if it hit 2000%?
Something to tell the kids
you need to cash the fuck out before something happens
-
James, weren't your options exercised today? Didn't you buy the March monthlies?
-
James, weren't your options exercised today? Didn't you buy the March monthlies?
No I cashed out March way too early like a little bitch
Most of what I have is April with some July
-
James, weren't your options exercised today? Didn't you buy the March monthlies?
No I cashed out March way too early like a little bitch
Most of what I have is April with some July
Ah
-
(https://imgur.com/KS23olo.jpg)
(https://imgur.com/21Y5dt8.jpg)
This subreddit
:dead
-
So everyone on WSB has been talking about an IV crush, and I dont know what it is, so I was scared to look at my account today.
Eh, no real changes.
My biggest winner is still Under Armor puts, which is up 1409.72%
you need to cash the fuck out before something happens
I mean 1,000% is nice
But wouldn't it be cool if it hit 2000%?
Something to tell the kids
1000% = tendies for a week
2000% = tendies for a month
10,000% = tendies forever
-
I think that Amazon is in trouble, which could make puts on them very valuable.
Here's the thing, everyone is buying them up because with retail closed, they're making huge business.
Thing is, their warehouse crews can become infected. Warehouse closes, they fail to deliver, they lose business.
My problem is that the puts are extremely expensive. Like 45 a pop, and you have to buy 100. So I'm not going to play.
But I will have this post in the sand.
Current price is 1,940.10, which wtf, but ok.
I think in mid may they will be down to 1750.00
That being said, I'm going to close out my position on blue apron for the same reason. You have one little covid breakout in the warehouse and people dump their subscriptions.
They're at 10.36, which stings a bit because they were at 14 the other day but I paid 3 so whatever
-
Heeeelp myyy teeeeeeeendiiieeeeeessss
:noooo :noooo :noooo :noooo :noooo :noooo :noooo :noooo :noooo :noooo :noooo :noooo
-
short big tech also
they might work from home but they have 0 immunity.
Trump will open up, they will get their hipster beards and haircuts and get infected with the C-Virus.
:idont
-
If you're an ad based tech company, I imagine earnings are down as consumers will want to tighten the belt. If you sell software or hardware, business might also be suffering as clients may not have the funding this year or enough people in the office to do project management/training on any new tools.
And James, Amazon already has like ten warehouses where employees got sick and they did a quick shutdown/disinfection. I'm not saying they took proper measures, but they are moving quickly and probably banking on the unemployment surge to keep the warehouse workers from doing a walk out.
-
As mentioned above, I logged into my account, ignored all my puts, and sold the Blue Apron stock I bought last week.
$620.24 (164.19%)
Decent profit for a week of doing nothing. This was straight stock, not an option.
-
Attention members if the James fund.
There's a good chance we're going to lose it all.
But together, we will go down wth this ship.
:salute
-
Only James could make people losing money look fun.
-
https://www.youtube.com/watch?v=j-fWDrZSiZs
-
Attention members if the James fund.
There's a good chance we're going to lose it all.
But together, we will go down wth this ship.
:salute
Let me guess: The Vegas options were up 500% at one point and you hung on to them? >:(
-
https://www.youtube.com/watch?v=j-fWDrZSiZs
https://www.youtube.com/watch?v=jaK2yvIi5CI
-
Attention members if the James fund.
There's a good chance we're going to lose it all.
But together, we will go down wth this ship.
:salute
Let me guess: The Vegas options were up 500% at one point and you hung on to them? >:(
Lets just say the fun one that was nearing 2,000% is now at 220% and falling
-
Only James could make people losing money look fun.
If you PM me you can still get in on this
-
Why not just cut bait and be glad about 200% profit?
What we are asking is for a very large amount of our own money back, over and above what we contribute to the Community, which is covered by our receipts from the Community. :karen
-
Don't listen to BisMarckie. Coronavirus cases haven't even peaked yet.
-
Why not just cut bait and be glad about 200% profit?
What we are asking is for a very large amount of our own money back, over and above what we contribute to the Community, which is covered by our receipts from the Community. :karen
I can stay irrational longer than the market can stay solvent.
Holding until strike date.
-
(https://imgur.com/1lSUwjd.jpg)
(https://imgur.com/moW6jE3.jpg) (https://imgur.com/HWydIPz.jpg)
More relevant than ever
-
Attention members if the James fund.
There's a good chance we're going to lose it all.
But together, we will go down wth this ship.
:salute
Do not lose faith James.
Larry will save us. :rejoice
-
Heeeelp myyy teeeeeeeendiiieeeeeessss
:noooo :noooo :noooo :noooo :noooo :noooo :noooo :noooo :noooo :noooo :noooo :noooo
But wouldn't it be cool if it hit 2000%?
Something to tell the kids
you need to cash the fuck out before something happens
:trumps We told you, bro. We warned you about the stock markets.
-
We're back on track boys
:whew
-
https://www.reddit.com/r/SubredditDrama/comments/fqnwa5/rwallstreetbets_mod_accused_of_manipulation_fraud/
James, I know you're pissed about your tendies, but there was no need to whistleblow.
-
https://www.reddit.com/r/SubredditDrama/comments/fqnwa5/rwallstreetbets_mod_accused_of_manipulation_fraud/
James, I know you're pissed about your tendies, but there was no need to whistleblow.
It was inevitable someone would take advantage of a bunch of idiots pretending to be investors.
:pika
-
We're back on track boys
:whew
Told you. 8)
Also I just want to put it on the record that if I die because of the corona my savings could be put to good use for charity or something so to prevent that from happening I'm leaving everything to the JAMES FUND if I meet my demise this year.
-
I've been thinking about stonks as I'll finally have some savings money to play around with soon.
What should I invest in? :thinking
Probably not the James fund, Bernie made him kill himself :(
-
I've been thinking about stonks as I'll finally have some savings money to play around with soon.
What should I invest in? :thinking
Face masks
Pharmaceuticals
eCommerce
Delivery services
Guns
Video games
Porn
Trees
-
Well, the grand experiment ends tomorrow.
Lets check in on the portfolio.
-$503.56 (-311.92%)
-$150.54 (-96.79%)
-$1,138.54 (-99.91%)
-$180.54 (-99.99%)
-$256.54 (-99.99%)
-$501.08 (-99.99%)
:pika
-
Well, the grand experiment ends tomorrow.
Lets check in on the portfolio.
-$503.56 (-311.92%)
-$150.54 (-96.79%)
-$1,138.54 (-99.91%)
-$180.54 (-99.99%)
-$256.54 (-99.99%)
-$501.08 (-99.99%)
:pika
We just need some investors, it is very cheap to invest in the james fund now :money
-
Well, the grand experiment ends tomorrow.
Lets check in on the portfolio.
-$503.56 (-311.92%)
-$150.54 (-96.79%)
-$1,138.54 (-99.91%)
-$180.54 (-99.99%)
-$256.54 (-99.99%)
-$501.08 (-99.99%)
:pika
Maybe you should think about WFH with John Mcafee.
-
:drudge :drudge :drudge
Attention investors.
End of year dividends are here!
If you invested in the James Fund, please send me a PM to confirm how you want your money deposited.
You will receive a 50% return on your initial investment.
Additionally, I am sad to announce that the James fund is closing, so you will also receive a refund of your initial principal.
Merry Christmas!
-
:success
-
:trumps
We just keep #winning
-
Free evening of gourmetten for Nintex.
-
Well, the grand experiment ends tomorrow.
Lets check in on the portfolio.
-$503.56 (-311.92%)
-$150.54 (-96.79%)
-$1,138.54 (-99.91%)
-$180.54 (-99.99%)
-$256.54 (-99.99%)
-$501.08 (-99.99%)
:pika
Goddammit James. Even when I lost my money to that guy on the street with the cups, the odds were at least 1/3 still. What are you doing wrong.
-
Had I put it all into tesla we'd literally be millionaires
-
He thinks he's Michael Burry or Billy Beane but he's Jerry Lundegaard
-
(https://i.imgur.com/mGITpRx.jpg)
Now I could be overreacting because Trump still has a few days to revalue the currency and make me a millionaire, but I’m starting to think putting all my savings into the Iraqi dinar was a poor financial move.
-
I totally forgot about that... :dead
Let me guess, property value in Greenland has dropped too :lol
-
Can someone please explain to me in simple terms what the hell is going on with GME and the wallstreetbets reddit?
-
Can someone please explain to me in simple terms what the hell is going on with GME and the wallstreetbets reddit?
(https://i.redd.it/a04p1ojc8xc61.png)
The fact that a forum of video game nerds missed this is what alarms me the most
-
(https://i.imgur.com/svR8Pw3.jpg)
-
Fuck it, I bought 5
Lets go bois
-
Can someone please explain to me in simple terms what the hell is going on with GME and the wallstreetbets reddit?
(https://i.redd.it/a04p1ojc8xc61.png)
The fact that a forum of video game nerds missed this is what alarms me the most
This is your account? If so, congrats. :o
-
(https://i.redd.it/y7v5vgx5tcc61.png)
This is before homie doubled his money today
-
Can someone please explain to me in simple terms what the hell is going on with GME and the wallstreetbets reddit?
(https://i.redd.it/a04p1ojc8xc61.png)
The fact that a forum of video game nerds missed this is what alarms me the most
This is your account? If so, congrats. :o
No I have been out of the trading game since July
-
Guys, WSB thinks its going to $420.
They were right about Tesla.
Everyone buy stocks
-
Fuck they convinced me to buy Blackberry stocks too
Nintex, this is good for us. TRUST
-
I havent felt this good since last time this happened
:doge
-
Two hours later, lets check in on our purchases today
Gamestop: 51.08%
Blackberry: 9.26%
:bernie
As a reference, the Russell 3000: (-0.14%)
Also, my best performing stock (lifetime)
Activision Blizzard Inc 696.21%
GAMER LIFE PAYS OFF BITCHES
-
The dude posted his end of day update
(https://i.redd.it/xho46kzt7yc61.png)
$3.3 million.
In one day.
Just like that.
He started with $53,000
-
GME closed at $65 on Friday and 1h15m after open, reddit has memed it to $148 (and rising)
:pika
This shit was easily sub $20 before xmas lmfao
Edit: In the 2 minutes it took me to get a tea, it went to $160 before the volatility halt kicked in :pika
Edit 2:
(https://i.imgur.com/iWeuWw9.png)
:lol
-
This is insane lmao.
Someone check up on Andrew Left.
-
Fourth halt of the day. Dropped to $88 (no nazi)
Edit: 2 hours open and just hit the SIXTH halt
-
To the moon boys
Blackberry is up 35% as well
-
are the any articles etc of "legit" traders crying/sperging out about this :lol :lol :lol
-
I'm wondering why the trip to the moon is going down?
-
Damn from 150 to 78 in an hour
This is literally like betting on the ponies
-
Hit 69
WSB in shambles
-
The Meme Economy :rejoice
-
Reddit guy sold 200 calls today when it was at $112 to pocket 2 million, from his original 53k buy in.
Hes holding the rest
(https://i.redd.it/1ubfvqedmjd61.png)
-
It wasn't 2mil, but I made some easy money off this today.
-
https://twitter.com/bigblackjacobin/status/1353799957548052480 (https://twitter.com/bigblackjacobin/status/1353799957548052480)
Gamers keep winning :dice
-
are numbers even real anymore
-
https://twitter.com/marenaltman/status/1353911518086242306
https://twitter.com/marenaltman/status/1353887071631527936
:success
https://twitter.com/marenaltman/status/1353884752475009025
:shaq
-
Of all the bullshit to invest in, an astrology-believing camgirl is probably slightly more trustworthy than the average republican congresscritter and/or lobbyist.
-
getting rich while we simp :rejoice
-
Can someone please explain to me in simple terms what the hell is going on with GME and the wallstreetbets reddit?
Thank you for this by the way
Made this week fun
My pony is back up to 96 and rising
-
Hit 125 and then dropped a bit, but still over 100.
If we finish the day over 100 Ill be happy.
Im selling at $415
-
I regret only dipping my toes. I should have liquidated everything and gone balls deep.
Im single, the global pandemic isnt going away, and my dog died
What do I have to lose. :doge
-
https://twitter.com/marenaltman/status/1353911518086242306
https://twitter.com/marenaltman/status/1353887071631527936
:success
https://twitter.com/marenaltman/status/1353884752475009025
:shaq
There is some co-worker drama :titus
Meanwhile we just gotta need 50 trillion
https://twitter.com/wef/status/1354114311115968514 (https://twitter.com/wef/status/1354114311115968514)
Sounds like a great opportunity Laurence.
-
Over 120 now and holding
-
We're at $150
My profit for today (hypothetical as Im holding) just hit $1,000
Solid days work.
BB only made me $8.90 so thats a bust
-
https://twitter.com/elonmusk/status/1354174279894642703
-
Oh fuck, I wish I got back in before Elon said anything
-
Shot up $25 after hours, currently at $177
Elon is taking us to Mars!
-
Am I seeing $230 or is my yahoo finance glitching?
-
The reddit guy who kicked this off:
(https://i.redd.it/cltvfhzmrqd61.png)
-
AMC is taking off too.
-
AMC is taking off too.
Damn, I thought about buying a few.
-
$200++ after hours
nothing stops this train
wsb really might take it to $1k :dead
really want to see Melvin go bust. FUCK Melvin.
-
$200++ after hours
nothing stops this train
wsb really might take it to $1k :dead
really want to see Melvin go bust. FUCK Melvin.
The redistribution of wealth has begun
:bernie :bernie :bernie :bernie
-
(https://pbs.twimg.com/media/EssAOiZXYAAbYRX?format=jpg)
-
Time for Melvin to buy some $ROPE
-
https://www.reddit.com/r/wallstreetbets/comments/l5on0b/blackrock_just_reported_buying/
https://www.reddit.com/r/wallstreetbets/comments/l5p0cf/im_in_tears_already_life_changing_money_is/
https://www.reddit.com/r/wallstreetbets/comments/l5p51m/to_the_haters_that_told_me_to_sell_i_only_have/
(https://i.redd.it/lon30qve7rd61.jpg)
-
Ok, created a stonks account at my bank with their app.
No GameStop in their portfolio unfortunately but plenty of other things like weapons, Apple, Tesla, etc. .
Tommorow the stonks begin. :doggy
-
Best explanation that I've seen about all this in case anyone else is as lost as I was last week:
https://www.youtube.com/watch?v=4EUbJcGoYQ4
-
https://www.bloomberg.com/opinion/articles/2021-01-25/the-game-never-stops
-
https://twitter.com/marenaltman/status/1354233216874524677
-
The GME crash is gonna epic. :whew
-
Fuck it bois, I bought 40 shares of AMC at around $8 each today, let's dooooooooo this
-
I really should get in on this. I have the cash, but no clue about any of this stuff :doge
-
https://twitter.com/marenaltman/status/1354233216874524677
This is good but can we get Hegel, category theory and microtonal tuning systems involved somehow
-
I really should get in on this. I have the cash, but no clue about any of this stuff :doge
I hear this James guy is really trustworthy, and pretty good with other people’s money. You should get in contact :-[
-
I'm not sure why but today we're going to send Blackberry to Pluto once the markets open :rejoice
-
(https://i.imgur.com/kTgeFgw.png)
:dead :crazy :dsp :dsp :dsp :dsp
-
This also feels very relevant again:
(https://i.imgur.com/FHnO7QJ.png)
-
I should've gotten on this investing train before. It's so fucking stupid, I love it.
BB up 20% because some dunce on Reddit wanted BB to go the Moon and rocket emoji's :lol
I'm not putting any signifant money in this but if this keeps up I'll have made $100 in 2 days. :doge
-
lol
(https://i.imgur.com/5hwxxJj.png)
-
Someone on reddit threatening Wall St: "We can stay r3t@rded longer than you can stay solvent"
:neogaf :neogaf :neogaf
Honestly, this is what Occupy Wall St should have done instead of camping a bunch of fucking hippies in a park. Hit them in their wallets, that's all they care about.
-
https://twitter.com/cirnoplusplus/status/1354461739115450374
-
Sort of regret not buying AMC.
Its so fucking stupid, but they got it onto the bandwagon as well. From $3 to $15.
They keep trying to push NOK (nokia) but the zoomers dont know who that is so its being ignored.
I legit feel that half of the people buying BB think its Blockbuster and assume its no different than Gamestop.
-
Fuck, I bought 5 AMCs just to look at pretty numbers in my account. I think I missed the boat, but with all the tendies coming in, why not?
-
https://twitter.com/kellymakena/status/1354497495053848585
Biden, send out the stimmy now so my american bro's can pump this shit harder
-
Bernie would have sent everyone Gamestop shares
-
https://twitter.com/Investingcom/status/1354474816414343172 (https://twitter.com/Investingcom/status/1354474816414343172)
:success
The chatter
HOLD BOYS, DONT LET THE SUITS TRICK YOU. THEY ARE SHAKING IN THEIR OVERPRICED BOOTS
WhAt aBouT fUnDImENtAlSzzz??? lmao
Good thing navigating reddit is too complicated to a boomer. Like working a DVD player.
-
https://mobile.twitter.com/getfiscal/status/1354219397309722625
-
http://www.youtube.com/watch?v=2h7jfNpL4QA
Establishment rect :lawd
-
https://twitter.com/hello__caitlin/status/1354505874132242433
-
To be fair, navigating reddit does suck
WTF, I went to make a poo and the stock falls $50?????
-
To be fair, navigating reddit does suck
WTF, I went to make a poo and the stock falls $50?????
(https://1.bp.blogspot.com/-rGP9jF35uug/U0X6uAc3uYI/AAAAAAAACSM/vPkO3StvCXI/s1600/vegadeath.gif)
-
Chamath is the creator of the growth model of Silicon Valley.
I love it when the media gets exposed as stooges like this. :lol
I'm up 10% today :pimp
another one
https://twitter.com/williamlegate/status/1354493154729332737 (https://twitter.com/williamlegate/status/1354493154729332737)
-
Today we are all Retard6969 :salute
-
https://twitter.com/kellymakena/status/1354497495053848585
Biden, send out the stimmy now so my american bro's can pump this shit harder
HODL!
/
:biden
-
I put in an order to sell some at $355
It kissed $352 and went back down
:uguu
-
"Folks, today I'm signing an executive order to stop this economic terrorism known as Wall Street Betting and Robin Hoods. When I was a kid in Scranton you all knew you had to go to uncle Jimmy on 6th street, that's what we called the stock trader. And Jimmy would invest your 401k's and your Christmas allowance and took a 5% cut of your earnings because fair is fair. A paycheck, 401k's, trading positions, hedgefunds. These are all values and institutions on which our economy has been founded and important pillars of our democracy. If we allow a bunch of thugs to run rampant on our markets we'll soon have to visit a loanshark and the loansharks we as a nation would have to visit are not our friends. We've seen for the last 4 years what happens when greed gets the better of us. Now there's a growing number of people who are behaving reckless and we oughta protect the integrity of the markets. If you wanna trade, you do the right thing. You go to your bank, you go to your stock broker or a local family business like a hedgefund."
:biden
-
I don't follow stocks but what I'm getting is we all rich now?
:american
-
Lol the stupid thing refused to go over 350
Market closes and it immediately goes to 370
fucking fraud man
-
the house always wins :biden
-
I‘m all for the memesters wrecking wall street. That‘s what bernie would have wanted. :bernie
-
lmao always knew the stock market was bullshit.
-
Lol, amc is almost at $20 come on bay beeeeeee
(https://i.imgflip.com/10mnua.jpg)
-
now that the poors are manipulating stonk we can finally get a tax on speculation :bernie
-
Just bought 50 shares of something called NAKD, fuck if I know bois but let's do this
-
:bernie :bernie :bernie :bernie
:bernie Wealth Tax :bernie
:bernie :bernie :bernie :bernie
-
I don't follow stocks but what I'm getting is we all rich now?
:american
Ya, but only if you pre-ordered Hitman 3: Deluxe Edition.
-
Reddit guy is getting exponentially richer.
Reminder: He started with 53k
(https://i.redd.it/a309gkm5yxd61.png)
-
(https://i.imgur.com/G7LNdhi.jpg)
-
Dude sold 200 calls, so he has a nice safety cushion, but hes mostly still in.
This alone will ensure tomorrow is a big day. If hes in were all in.
WHERE WE GO ONE, WE GO ALL
wait a second...
-
how do you get access to those electronic trading networks that can trade after hours? is it for big bois only? have no idea how this shit really works
-
Friend has a theory.
Reddit guy will liquidate his holdings. Have a cool 60m or whatever.
He will immediately turn around and short the stock.
He will post on reddit that hes out.
Mass panic sets in. Stock plunges to $3
Reddit guy clears another hundred million on his shorts.
....I think my friend is onto something.
:society
-
Just bought 50 shares of something called NAKD, fuck if I know bois but let's do this
lol, yeah i put a grand into a murcan trading account nearly 48 hrs ago coz i was like fuck it i'll try this shit. amc? sure whatever. the validation since im depositing for the first time (from new zealand heh) it's taking a while to clear. wondering if i should put another few k in now. the gamble seems worth it? risk v reward seems high despite knowing next to nothing abt trading :doge :brain
-
Just bought 50 shares of something called NAKD, fuck if I know bois but let's do this
lol, yeah i put a grand into a murcan trading account nearly 48 hrs ago coz i was like fuck it i'll try this shit. amc? sure whatever. the validation since im depositing for the first time (from new zealand heh) it's taking a while to clear. wondering if i should put another few k in now. the gamble seems worth it? risk v reward seems high despite knowing next to nothing abt trading :doge :brain
If youre serious about investing, just send it to me and the James Fund will handle all those messy details. You just sit back and watch the gains come in!
-
you seem to know abt as much as i do
-
you seem to know abt as much as i do
I turned 300 into 3000 in a couple of days.
:bolo
-
james fund seems light
how long ago did you start this thread?
-
Just pretend you're a monkey and the right combination of 3 letters give you a banana or a peanut. :trumps
-
I got Robinhood finally today. Gonna gamble here and stop playing lotto tickets.
Let’s stonk it up bros
-
(https://pbs.twimg.com/media/EswCTsxVkAA2qEB?format=jpg)
-
Reddit guy is getting exponentially richer.
Reminder: He started with 53k
(https://i.redd.it/a309gkm5yxd61.png)
https://twitter.com/ChrisCillizza/status/1354511775107059722 (https://twitter.com/ChrisCillizza/status/1354511775107059722)
Think of it this way: Giving someone the finger might make you feel good in the moment. But it doesn't solve anything.
-
Remember folks, any financial advice I give is intended to be used only inside Animal Crossing in the turnip stalk market
-
Welp, WSB Discord banned, their Reddit set to private
-
Welp, WSB Discord banned, their Reddit set to private
Democrats rushing to protect their wall street friends
-
:drudge :drudge :drudge :drudge
GME is collapsing
Down $100
My sell order was $3 away from executing at $355
:stahp :stahp :stahp :stahp :stahp :stahp
-
(https://thumbs.gfycat.com/DefensiveConstantIchneumonfly-size_restricted.gif)
-
Welp, this is too much stress for me.
No internet until 10am tomorrow
We will feast or starve
What happens, happens
:salute
-
(https://pbs.twimg.com/media/EsxwZwTWMAEbS8T?format=jpg)
-
Typical James gets greedy and loses $100 over $3 downs fund am I right?
-
Welp, this is too much stress for me.
No internet until 10am tomorrow
We will feast or starve
What happens, happens
:salute
Reading the new WSB it seems like the plan is to send GME to $5000 and Nokia to $50 by friday.
Apparently mods are cleaning the original WSB so it can open again. They had an insane number of new members today.
Hold AMC, BB, GME, NOK
HOLD THE LINE :salute
-
Typical James gets greedy and loses $100 over $3 downs fund am I right?
I thought I learned my lesson in March
:existential :existential :existential
-
Typical James gets greedy and loses $100 over $3 downs fund am I right?
I thought I learned my lesson in March
:existential :existential :existential
Hold it, all the autisty's are holding and liquidating what they have to pour into the meme stocks.
Even though the numbers don't show it right now, they're more amped to do this after todays news reports and that publicity will have even more people join the fight.
-
Yeah the talk seems to be that this is an attack by the fat cats at Wallstreet and if we all hold we win the war
Hoooooooooooooold
Together we can ride this to the moon
-
wonder if we'll be reading about how meme stocks are a secret alt right nazi warfund in the coming days after all lines of communication have been severed.
-
Wsb is back
Everyone is holding
Tendies incoming
:bernie :bernie :bernie :bernie :bernie :bernie
-
Best explainer of this thing I've seen :lol
(https://pbs.twimg.com/media/EsxxXHaW8AA3oR-?format=png)
https://twitter.com/stoolpresidente/status/1354589231960743936 (https://twitter.com/stoolpresidente/status/1354589231960743936)
https://twitter.com/joshdcaplan/status/1354583928888303617 (https://twitter.com/joshdcaplan/status/1354583928888303617)
:lol
-
I’m not on this ride and I feel like it’s risky to jump on now, but I am enjoying the hell out of this. I still feel like I won something.
:salute
-
just put a completely trivial couple of quid on gamestop and amc just to aid the cause. watching wall street shit its nappy over this has been glorious.
-
twitter.com/stoolpresidente/status/1354589231960743936
https://www.reddit.com/r/wallstreetbets/comments/l6k3pi/none_of_these_individuals_are_part_of_wallstreet/
-
just put a completely trivial couple of quid on gamestop and amc just to aid the cause. watching wall street shit its nappy over this has been glorious.
Yeah you’re right. With this after hours dip I’m in tomorrow morning for a couple days pay.
-
Buying amc at open probably because I’m not smart
-
Remember folks, the real gains are the friends you make along the way
-
https://twitter.com/_jimmykelly/status/1354600999835607041
I understand now and I love it even more :rofl
what are you guys using to trade?
-
Webull and Robinhood
That explanation is good, but no hedge fund has covered their shorts or gone bankrupt yet. The GME saga continues.
-
time to stonk :rash
-
Webull and Robinhood
That explanation is good, but no hedge fund has covered their shorts or gone bankrupt yet. The GME saga continues.
There's a few mistakes.
The reddit guy started this move over a year ago.
The chewy guy joined the board which increased interest in the stock. Reggie also joined.
Also
https://mobile.twitter.com/dril/status/381474795310702592
-
I know, but that's the gist of it if you're trying to keep the explanation short.
-
(https://i.imgur.com/1dJkHjy.jpg)
I think this is the most thorough explanation
-
I'm hearing rumors that this could turn into a 2008 situation.
Funds start mass selling their stocks to cover their bad short positions. General stock market starts falling. Dominos keep falling.
TLDR: Trump economy is over, it's bankrupt Biden time
I might pick up a SPY put if I can remember how
-
https://twitter.com/nope_its_lily/status/1354672423983935492
-
The game was rigged from the start :society
-
wonder if we'll be reading about how meme stocks are a secret alt right nazi warfund in the coming days after all lines of communication have been severed.
You might enjoy this article from The Guardian.
https://www.theguardian.com/commentisfree/2021/jan/28/anarchy-in-jokes-and-trolling-the-gamestop-fiasco-is-4chan-think-in-action (https://www.theguardian.com/commentisfree/2021/jan/28/anarchy-in-jokes-and-trolling-the-gamestop-fiasco-is-4chan-think-in-action)
-
If we keep this up, they're going to drone strike WSB for suspected communism.
-
https://twitter.com/nope_its_lily/status/1354672423983935492
:-\
-
The house always wins :success
-
I'm hearing rumors that this could turn into a 2008 situation.
Funds start mass selling their stocks to cover their bad short positions. General stock market starts falling. Dominos keep falling.
TLDR: Trump economy is over, it's bankrupt Biden time
I might pick up a SPY put if I can remember how
They've already de-grossed. No fat cats are being punished further by holding onto a failing company's retardedly overpriced stock.
-
:win :success $420.69 PRE-MARKET STONKS :success :win
(https://i.redd.it/vchdti7v02e61.jpg)
https://www.reddit.com/r/wallstreetbets/comments/l6tzq1/gme_42069_premarket_repeat_after_me_1000_is_not_a/
-
:pimp
-
(https://i.imgur.com/8MRBB8P.png)
We got this boys
:piss Hedge fund scum :piss2
-
which stonk we buying?
-
I changed my mind on AMC, gonna do more nakd
-
Hedgefunds have retreated, time to destroy them :rash
-
They're shutting down trading for GME on several retail trading platforms :neogaf :neogaf :neogaf :neogaf
-
lol
-
I CANT ACCESS MY ACCOUNT THESE MOTHER FUCKERS ARE GOING TO KILL ME
-
What do you mean you can't access your account? I thought they simply delisted the 'offending' stocks? You can't login?
-
BUY GME
We like the stock
APES TOGETHER STRONG
-
(https://imgur.com/vMP9eeo.jpg)
:thinking
-
What do you mean you can't access your account? I thought they simply delisted the 'offending' stocks? You can't login?
We can’t show these accounts right now.
We’re working to have things back up as soon as possible. Try again later.
-
That's obscene. Ditch Robinhood. Boomers would have Ameritrade's head if they did that.
-
We're well past $400 and like half of all retail traders can't log in to buy right now.
Fucking hedgie scum suppressing the value
-
the globalists strike back :stahp
occupy wallstreet 2.0 soon :thinking
-
That's obscene. Ditch Robinhood. Boomers would have Ameritrade's head if they did that.
I use Ally Invest, supposedly a serious platform unlike AppHood.
Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients. Ally Bank, the company's direct banking subsidiary, offers an array of banking products and services.
Got in and sold 3. Sold for 418 when it was 450 thanks to these mother fuckers.
Whatever. Covered most of my initial investment. Its all house money from here.
Lets bankrupt these fuckers
-
That's fucked and completely unacceptable, sorry dude. Glad you didn't go red tho.
-
The rich when the "market" is inflating the price of housing (you know, shelter): :trumps
The rich when the "market" is inflating the price of stocks they're shorting: :maduro
-
It's unfair and absurd but AFAIK the trading of certain stocks could be suspended at the discretion of authorities, right ?
I think that convoy of boats sailed.
-
Warren and Bernie need to go after these wall street crooks.
The little guy gets a bite of tendies and they shut us out in a coordinated manner. Its insane
-
Keep holding boys,w all street cant keep us down
-
Keep holding boys,w all street cant keep us down
They absolutely can.
-
Im not going to buy it, but Im going to paste it here because Im curious if I would have made tendies on this going forward:
SPY Put SPY Feb 19 2021 365.00 Put Limit 4.73
Est. Trade Value: $473.00
If my boy Bernie starts cracking down, I think the market will go down a bit and this could pay off.
But Im spooked and dont want to risk it. Unlike stocks, a put has nothing to sell at the end if I bet wrong.
-
It's unfair and absurd but AFAIK the trading of certain stocks could be suspended at the discretion of authorities, right ?
I think that convoy of boats sailed.
I thought it had to be for a more legitimate reason than they're beating us its not fair :crybaby
-
We're getting slaughtered out there, we need more reinforcements
-
Keep holding boys,w all street cant keep us down
They absolutely can.
:pika
-
The GME is rigged brehs
-
GME
153.00 USD −193.37 (55.83%)
-
My BB and NOK are getting wiped out
Stop the steal!
-
https://twitter.com/RobinhoodApp/status/712708069369782272
-
I think Robin Hood just killed their business
-
I think Robin Hood just killed their business
If Warren doesnt legislate them to hell and back, Im voting Trump next time
-
Im getting scared guys
-
imagine if this shit happened this time last year, bernie sanders would have been prez now :maduro
-
(https://i.redd.it/0hputzxim3e61.jpg)
-
Hey, guys, stop manipulating stock prices. By the way, we made it so you can sell a stock but you can't buy it.
-
so how are they spinning their fuckery (or are they even doing so) :huh
-
How are people able to say "terms of service" so well while simultaneously licking a boot?
-
so how are they spinning their fuckery (or are they even doing so) :huh
Step 1: Block people from buying
Step 2: Tank the stock
Step 3: "see, we stopped you from buying to protect you!"
Were a few hours away from Marco Rubio telling us that these moves were what jesus would have done
-
Were heading back up, did we reach the bottom?
Buy some more to find out!
spoiler (click to show/hide)
No more buying from me
-
Bottom confirmed! No where to go but up from here
Lets gooooooooooooooooooooo
-
https://twitter.com/AOC/status/1354830697459032066
-
Holy shit we did it. We're going back up and theres no stopping this train
-
https://twitter.com/WebullGlobal/status/1354828730674372610
-
RIGGED
BILL COSBY INNOCENT!!
-
Is this collusion or what? Everyone's implementing this change simultaneously?
-
Hold bois
-
Is this collusion or what? Everyone's implementing this change simultaneously?
They literally manufactured a dip so only those with premiere access could buy in before launching to the moon.
Holy shit.
༼ つ ◕_◕ ༽つ GME TAKE MY ENERGY ༼ つ ◕_◕ ༽つ
༼ つ ◕_◕ ༽つ GME TAKE MY ENERGY ༼ つ ◕_◕ ༽つ
༼ つ ◕_◕ ༽つ GME TAKE MY ENERGY ༼ つ ◕_◕ ༽つ
༼ つ ◕_◕ ༽つ GME TAKE MY ENERGY ༼ つ ◕_◕ ༽つ
༼ つ ◕_◕ ༽つ GME TAKE MY ENERGY ༼ つ ◕_◕ ༽つ
༼ つ ◕_◕ ༽つ GME TAKE MY ENERGY ༼ つ ◕_◕ ༽つ
-
https://m.youtube.com/watch?v=kAAlEoLRuTA
-
edit: Im breaking my rules here. Do what you want. :lol
-
Were heading back up, did we reach the bottom?
Buy some more to find out!
I posted this at $155
Were at 275 now
:delicious
-
Who needs human interaction when you have all the excitement of ganmestonk :lol
-
Who needs human interaction when you have all the excitement of ganmestonk :lol
There is no work being done in america today
-
https://twitter.com/MKUltraMoney/status/1354837037396983809
-
:popcorn
-
(https://grrrgraphics.com/wp-content/uploads/2021/01/GameStop_short_covering.jpg)
-
:rofl
-
fuckin Ben Garrison
-
just put a completely trivial couple of quid on gamestop and amc just to aid the cause. watching wall street shit its nappy over this has been glorious.
Yeah you’re right. With this after hours dip I’m in tomorrow morning for a couple days pay.
Woopsie
-
Things are calm now.
Friday is still tomorrow. Moon launch still scheduled
-
can't believe ted cruz is agreeing with bAeOC on something. I think he just wants an excuse to be in the same room as her
https://twitter.com/tedcruz/status/1354833603943931905
-
imagine if trump wasnt banned from twitter :stahp
-
https://twitter.com/jangelooff/status/1354846320494784515?
-
(https://grrrgraphics.com/wp-content/uploads/2021/01/GameStop_short_covering.jpg)
I'm fucking dying at this :dead :rofl actual tears in my eyes
-
https://twitter.com/marwilliamson/status/1354842619583586315
:heart
https://twitter.com/AOC/status/1354848253729234944
:biden
-
(https://i.imgur.com/AWLTgwZ.jpg)
-
imagine the sweaty nuts cruz busts whenever he gets publicly flogged by AOC. his stomach must look like a shower drain clogged with hair and conditioner.
-
https://twitter.com/555Sunny/status/1354854993946406917
:stahp
-
https://twitter.com/marwilliamson/status/1354842619583586315
:heart
https://twitter.com/AOC/status/1354848253729234944
:biden
Zodi T bodied :dead
-
No way that's real
-
https://twitter.com/555Sunny/status/1354854993946406917
:stahp
fuck this shit, the only thing ive got invested in this my personal amusement, but now im mad real mad joe jackson :rage
(if true)
-
https://twitter.com/ericsports/status/1354848251028021248
get them, king :birdman
-
don't let my twenty quid die with the revolution.
-
can't believe ted cruz is agreeing with bAeOC on something. I think he just wants an excuse to be in the same room as her
https://twitter.com/tedcruz/status/1354833603943931905
https://www.reddit.com/r/legaladvice/comments/l6y70z/robinhood_gme_wallstreetbets_etc_post_megathread/gl4msjq/
-
can't believe ted cruz is agreeing with bAeOC on something. I think he just wants an excuse to be in the same room as her
https://twitter.com/tedcruz/status/1354833603943931905
https://www.reddit.com/r/legaladvice/comments/l6y70z/robinhood_gme_wallstreetbets_etc_post_megathread/gl4msjq/
"This is like The Punisher teaming up with Captain Marvel!"
-some overpaid schmucko
-
(https://i.imgur.com/7dmUSNd.jpg)
:rejoice godney blessings
-
BB and NOK went down
So I Bought Moar :rash
HOLD THE LINE
(https://media.tenor.com/images/26e9fa8c6bf3d4332016c4e8de88a5f7/tenor.gif)
-
(https://preview.redd.it/w12sft5w42e61.jpg?width=575&auto=webp&s=8424d76e8abc3b180f45a5feb5eea1aec2b71115)
-
cashapp won't accept my bank card ::)
-
(https://pbs.twimg.com/media/EsxRUpOXMAI12BT?format=jpg)
-
If Nintendo brings back Animal Crossing e-cards, it's game and match
(https://www.nintendoworldreport.com/media/2484/1/11729.jpg)
-
https://twitter.com/justinkan/status/1354853920762253315
:pacspit
-
(https://pbs.twimg.com/media/EsyPMd6XcAYJRjK?format=jpg)
-
webull is back :)
-
https://twitter.com/josh_wingrove/status/1354878273210216450 (https://twitter.com/josh_wingrove/status/1354878273210216450)
Feels like they've just opened pandora's box
-
of course WeBull was cucking their users :dead
-
Doge coin is surging
-
Doge coin is surging
1. Buy Dogecoin
2. Buy GME with Dogecoin gains
3. ???
4. PROFIT
The media and hedgefunds have basically united the gamers, crypto's, weird Elon Musk stans and WSB in economic warfare. Good job guys :success
-
If Nintendo brings back Animal Crossing e-cards, it's game and match
(https://www.nintendoworldreport.com/media/2484/1/11729.jpg)
https://animalcrossingworld.com/2021/01/animal-crossing-sanrio-amiibo-cards-reprint-coming-to-north-america-europe-in-march/
(https://i.imgur.com/Q8l3GXS.jpg)
-
Elon bailing out CD Project Red :rejoice
(https://pbs.twimg.com/media/Es1WHGJXUAEsAMj?format=png)
-
https://mobile.twitter.com/AOC/status/1354852019023052801
-
(https://pbs.twimg.com/media/Es1lKD6XMAMeADS?format=jpg)
-
Reminder:
Deepfuckingvalue will post his position shortly after market close
If he doesnt post, or does and show he bailed... pandemonium. We're going back to $10. Place your sell orders and hope they execute.
If he's still in, we might still make it to the moon.
Refresh this page:
https://www.reddit.com/user/DeepFuckingValue
-
(https://pbs.twimg.com/media/Es1zM_LXUAAEeEj?format=jpg)
HOLD!
This shit's being rigged in broad daylight
(https://pbs.twimg.com/media/Es2GE2SW8AILBA_?format=jpg)
-
:piss :letsfukk :piss2
-
HES STILL IN
HES STILL IN
HES STILL IN
HES STILL IN
HES STILL IN
HES STILL IN
(https://i.redd.it/opzucppb15e61.png)
-
https://mobile.twitter.com/StephenPunwasi/status/1354897285381931010
https://mobile.twitter.com/StephenPunwasi/status/1354898150847348743
-
Our Lord saw 14 fucking million evaporate and you know what he did?
HE KEPT HOLDING
-
This is honestly a huge relief.
Remember, this guy started the position in October 2019. Hes like the guy from the Big Short who saw the housing market crash coming and kept holding even though everyone was telling him he was wrong. He was right.
But this time, we've been invited to join the ride. Lets gooooooooooooooooooooooooooooooo
-
https://twitter.com/patrick_oshag/status/1354887509466079235
There's a photo
-
groovy baby
-
Can't wait to see the posts in a few months where people have tons of Gamestop stock they paid $400 a pop for that isn't worth jack. :whew
-
or it will keep on rising forever :rejoice
-
If we hold they lose
- Hedgefunds are wrecked ✓
- Memers run the financial system ✓
- GameStop is saved ✓
- Corruption of MSM has been exposed ✓
- Boomers are left holding the bag ✓
-
or it will keep on rising forever :rejoice
It won't.
-
$5000 here we go
NOK, AMC, GME, BB
-
I don't understand the endgame here.
At some point, everyone has got to sell these ridiculously overpriced shares and the price will return to normal in the single digits.
Is it just to exact some revenge on the hedge funds and to point out the ridiculousness of short selling? Is there a play here where people are going to decide to make money?
-
It's just a pyramid scheme.
-
I don't understand the endgame here.
At some point, everyone has got to sell these ridiculously overpriced shares and the price will return to normal in the single digits.
Is it just to exact some revenge on the hedge funds and to point out the ridiculousness of short selling? Is there a play here where people are going to decide to make money?
Say ape has 10 banana's in GME that he bought for 1 peanut each. Ape has invested 10 peanuts.
Now 1 banana is worth 1000 peanuts. Ape has 10000 virtual peanuts.
Ape sells 2 bananas for 2000 peanuts, 3 bananas at 400 peanuts, 2 banana's at 20 peanuts etc..
Ape makes ~2500 peanuts profit on his 10 peanuts investment.
Could Ape have made 10k peanuts profit? Yes. But Ape has autism and hates snake so losing 7500 peanuts does nothing to Ape
-
Can't wait to see the posts in a few months where people have tons of Gamestop stock they paid $400 a pop for that isn't worth jack. :whew
Thats the beauty of this all. Worst case scenario, we are left owning a portion of the premiere video game retailer in the US.
Heads we win, tails they lose.
Power to the player baby.
-
I cant read it, but it sounds like Robinhood is collapsing
we did it bois
:bernie :bernie :bernie :bernie :bernie :bernie :bernie :bernie
Robinhood Is Said to Draw on Bank Credit Lines Amid Tumult
https://www.bloomberg.com/news/articles/2021-01-28/robinhood-is-said-to-draw-on-credit-lines-from-banks-amid-tumult
-
Can't wait to see the posts in a few months where people have tons of Gamestop stock they paid $400 a pop for that isn't worth jack. :whew
Also, I paid $60 and sold three of them for $418
:bolo
-
:win
-
Lol, gamers/Redditors are stupid.
https://www.smh.com.au/business/companies/stunned-gamestop-trading-frenzy-causes-local-mining-company-shares-to-soar-20210128-p56xh4.html (https://www.smh.com.au/business/companies/stunned-gamestop-trading-frenzy-causes-local-mining-company-shares-to-soar-20210128-p56xh4.html)
A tiny West Australian mining company has been caught up in the investing craze surrounding US company GameStop thanks to its ASX code matching that of the American video game retailer.
GME Resources, which is listed on the local bourse with a market capitalisation of just $40 million, is a mining company focused on nickel and cobalt extraction. On Thursday, its shares soared more than 50 per cent to 12 cents, their highest level since 2018, with volumes of nearly $7 million.
-
12 australian cents? That sounds like a bargain to me!
-
Pokemon nickel and cobalt to the moon :rejoice
-
AoC going on Twitch tonight to talk about this.
We going to the moon
-
https://twitter.com/redditinvestors/status/1354929541983182851 (https://twitter.com/redditinvestors/status/1354929541983182851)
-
295.00 +101.40 (52.38%)
After hours: 6:33PM EST
Looking good for tomorrow
-
Who's gonna jump on this train and make it lame af :rogan
-
Lol I wasn’t even checking my dogecoin this week.
-
Can't wait to see the posts in a few months where people have tons of Gamestop stock they paid $400 a pop for that isn't worth jack. :whew
You can always trade it in for $25 credit towards a used game?
-
WHAT IS THIS BULLSHIT, BOIS
https://twitter.com/TommyPaine2020/status/1354880501165797378?s
-
I want to get some Dogecoin but I need a 2fa key that's stuck on my old phone that I can't find anywhere :doge
-
You guys read the story about the guy with a few million who forgot the password right?
-
You guys read the story about the guy with a few million who forgot the password right?
I sold all my crypto a while ago. So there's like 0.00001 etherium in that account or something.
Still, I don't feel like doing all the ID checks again so I want to keep using this account.
-
Lol, gamers/Redditors are stupid.
https://www.smh.com.au/business/companies/stunned-gamestop-trading-frenzy-causes-local-mining-company-shares-to-soar-20210128-p56xh4.html (https://www.smh.com.au/business/companies/stunned-gamestop-trading-frenzy-causes-local-mining-company-shares-to-soar-20210128-p56xh4.html)
A tiny West Australian mining company has been caught up in the investing craze surrounding US company GameStop thanks to its ASX code matching that of the American video game retailer.
GME Resources, which is listed on the local bourse with a market capitalisation of just $40 million, is a mining company focused on nickel and cobalt extraction. On Thursday, its shares soared more than 50 per cent to 12 cents, their highest level since 2018, with volumes of nearly $7 million.
I knew this was gonna happen. I was actually gonna buy some full knowing it wasn't gamespot just to take advantage of the fact other morons were going to do this too.
-
https://twitter.com/verge/status/1354949524700205066 (https://twitter.com/verge/status/1354949524700205066)
The rot goes deep
-
Lol, gamers/Redditors are stupid.
https://www.smh.com.au/business/companies/stunned-gamestop-trading-frenzy-causes-local-mining-company-shares-to-soar-20210128-p56xh4.html (https://www.smh.com.au/business/companies/stunned-gamestop-trading-frenzy-causes-local-mining-company-shares-to-soar-20210128-p56xh4.html)
A tiny West Australian mining company has been caught up in the investing craze surrounding US company GameStop thanks to its ASX code matching that of the American video game retailer.
GME Resources, which is listed on the local bourse with a market capitalisation of just $40 million, is a mining company focused on nickel and cobalt extraction. On Thursday, its shares soared more than 50 per cent to 12 cents, their highest level since 2018, with volumes of nearly $7 million.
I knew this was gonna happen. I was actually gonna buy some full knowing it wasn't gamespot just to take advantage of the fact other morons were going to do this too.
#missedopportunity
-
Tommorow is the endgame. Looks like that whoever tried to short BB hangs when the market closes if it stays above $15.
-
Guys forget stocks that's old news
Its all about doge coin now
Up 500% just today
I have no idea how to get in
-
Lol, gamers/Redditors are stupid.
https://www.smh.com.au/business/companies/stunned-gamestop-trading-frenzy-causes-local-mining-company-shares-to-soar-20210128-p56xh4.html (https://www.smh.com.au/business/companies/stunned-gamestop-trading-frenzy-causes-local-mining-company-shares-to-soar-20210128-p56xh4.html)
A tiny West Australian mining company has been caught up in the investing craze surrounding US company GameStop thanks to its ASX code matching that of the American video game retailer.
GME Resources, which is listed on the local bourse with a market capitalisation of just $40 million, is a mining company focused on nickel and cobalt extraction. On Thursday, its shares soared more than 50 per cent to 12 cents, their highest level since 2018, with volumes of nearly $7 million.
I knew this was gonna happen. I was actually gonna buy some full knowing it wasn't gamespot just to take advantage of the fact other morons were going to do this too.
#missedopportunity
Had 10 bucks in my account that day so GG
-
Dog coin is up to .05
:success
-
Guys forget stocks that's old news
Its all about doge coin now
Up 500% just today
I have no idea how to get in
I use spoiler (click to show/hide)
robinhood
-
https://twitter.com/People4Bernie/status/1354931766901895170
bernie with that hot fye in the booth :whew
-
.07
Come with me guys.
-
.08
-
https://twitter.com/People4Bernie/status/1354931766901895170
bernie with that hot fye in the booth :whew
>"I personally believe that the business model of Wall Street is fraud
>I do not trust these guys
>I do not believe that they care about the economy of America
> I think they care about themselves."
"I would not like them here or there
I would not like them anywhere
I do not like green eggs and ham
I do not like them, Sam-I-Am."
-
Bernie such a G. Fuck the MSM for icing him out in the primaries run.
I hope their overlords get absolutely fucked by these WSB plays.
-
#TimuWasRight
-
"Dogecoin emerged in 2013 as a joke. It was created by Jackson Palmer and Billy Markus to satirize the growth of altcoins by making the doge internet meme into a cryptocurrency"
:doge :doge :doge
-
http://twitter.com/Jordan_Deeb/status/1354474147016024069
If you look up what the energy usage is for generating crypto, and recognize that it's literally contributing to global warming to increase a pretend money form, you might want to not participate in that game.
-
https://mobile.twitter.com/Tori_Bedford/status/1354798821612642304
-
I downloaded the doge app but can't figure out what's next. Can't find anywhere to put my credit card info into.
If this is the future, the future sucks
-
DOGE 8)
-
I'm trying to set up fucking accounts and there asking for address, social etc
Wtf i thought people used this for drugs isn't it supposed to be anonymous? :doge :doge :doge
-
I seriously can't figure this out
I feel like a boomer
:existential
-
I downloaded the doge app but can't figure out what's next. Can't find anywhere to put my credit card info into.
If this is the future, the future sucks
If the doge app is on your phone, it's likely limited by the platform-holder's limitations on payment for digital content, the same way you can't order ebooks and audiobooks through the Amazon app, but /can/ if you access it through the phone's web-browser. I'm guessing your doge app is just for monitoring existing/purchased assets.
-
People are terrified of letting the doge go over .08
It’s been a bit of a roller coaster for the past hour.
-
Fuck it, I give up. I cant get into dogecoin.
If anyone here has a DOGE FUND, let me know and Ill send $10 to open a position
-
James, a lot of folks on reddit are using the binance app.
-
I’m invested in sndl cuz I like weed and doge coin cuz I like doge
-
James, a lot of folks on reddit are using the binance app.
I tried. You have to verify id to add money. The verification kept failing.
It says it's comparing my license to my face but the pic is like 8 years old and I have a beard now so it keeps failing
-
:pika
-
(https://i.ibb.co/922Grfk/E8-EB3947-5-C56-4-B63-8-AC8-C180-A3286-FCA.jpg)
-
send me my money james bttw :-*
-
I would also invest 20 in doge coin, my verification at coinbase also keeps failing
-
send me my money james bttw :-*
Want me to send or buy you a stonk?
-
(https://i.imgur.com/qhBWZKg.jpg)
-
Personally i'm against gambling and think memes are dumb, but I guess if it's pissing off old people it can't be too bad.
-
Nooo! My beautiful doge. What are they doing to you.
I feel for the people who were putting in serious money two hours ago.
-
I was strong-armed by the clerk to do a Gamestop Membership Card a couple of years back, i'm told that's worth millions now, correct?
-
:drudge :drudge :drudge
Robin hood has declared war on doge coins, instant transfers banned
Get ready bois, we're fighting this war on two fronts now
Hoooooooooold
-
I bought 25 bucks worth of :doge coins
TO THE MOON
-
IF DOGE COIN IS ON A SIMILAR TRAJECTORY AS BITCOIN, I#LL BE A MILLIONAIRE NEXT WEEK :money
-
1. Drive GME to $1000
2. Hedgie scum have to sell all their other positions to cover their short, crashing the market
4. Sell GME to hedgie scum
5. Put ALL your money into crypto
6. Hedgies are left holding the bag. The fed wonders where the fuck the economy just went 8)
-
send me my money james bttw :-*
Want me to send or buy you a stonk?
cash me out bruv
-
My doge portfolio dropped to 23 bucks.
Maybe not a millionaire next week.
For real though, doge has some wild swings :doge
-
The Great Reset :rejoice
-
https://www.reddit.com/r/GME/comments/l7dg4s/please_understand_why_robinhood_pulled_the_stunt/
GAMMA SQUEEZE NAOOOOOOOOO
SEC Fiduciary DD GME cum Money Bitcoin Box Spreads Guh
(https://i.redd.it/8ikru8s4e4e61.jpg)
https://www.reddit.com/r/GME/comments/l7chv8/i_bought_a_billboard_in_ny_to_show_support_its/
-
lets go gamma boiz :success
-
Robin Da Hood :rodney
-
Pre-market feeding the stonks bois. Today is the day we feast!
-
https://www.reddit.com/r/wallstreetbets/comments/l7qwh6/just_yolod_200k_on_gme_premarket/
https://www.reddit.com/r/wallstreetbets/comments/l7q26x/justin_sun_asian_billionaire_has_our_back_and_is/
https://www.reddit.com/r/wallstreetbets/comments/l7oobr/42069_at_premarket_sign_from_the_stonk_gods/
And finallly.. Lets blow up the entire global financial system brehs. Stick $10 on GME fractionals :tauntaun
https://www.reddit.com/r/wallstreetbets/comments/l7opbs/explaing_how_we_won_yesterday_and_how_we_have_the/
-
GME
334,00 USD +140,40 (72,52%)
:rejoice
-
BB going nowhere but still above 15. I'm very surprised there isn't a push for that unless it was a bot that planted that seed in the first place.
-
I feel bad for all the faultless regular people who are going to be hurt by this
-
I feel bad for all the faultless regular people who are going to be hurt by this
lol no one cares about hedge funds get wrecked
-
trashy is hedgie scum? :fbm
-
Aren't there hedges in 401Ks that are just part of packages?
-
Aren't there hedges in 401Ks that are just part of packages?
Yes.
No.
A 401k is not going to invest in speculative shorting
-
https://mobile.twitter.com/cousincrypt0/status/1354866295309656068
-
There is a real risk that JPowell doesn't have enough printer ink to bail the hedgies out of this one
-
Little Jerome :pacspit
-
Won't be long before they can't short anything because some autisty is holding the stock :lol
Imagine what these bois can do with their GME profits :whew
https://www.cnbc.com/2021/01/28/stock-futures-decline-as-volatile-wall-street-week-continues.html (https://www.cnbc.com/2021/01/28/stock-futures-decline-as-volatile-wall-street-week-continues.html)
Investors are concerned that if GameStop continues to rise in such a volatile fashion, it may ripple through the financial markets, causing losses at brokers like Robinhood and forcing hedge funds who bet against the stock to sell other securities to raise cash.
There are also fears that the GameStop mania is a sign of a larger bubble in the market and that its unraveling could also cause turbulence and hit retail investors hard.
:rejoice
-
#TimuWasRight
:ufup
https://mobile.twitter.com/redditinvestors/status/1355197653374668800
:kermit
-
Investors are concerned that if GameStop continues to rise in such a volatile fashion, it may ripple through the financial markets
Investors are concerned that if GameStop continues to rise in such a volatile fashion, it may ripple through the financial markets
Investors are concerned that if GameStop continues to rise in such a volatile fashion, it may ripple through the financial markets
Investors are concerned that if GameStop continues to rise in such a volatile fashion, it may ripple through the financial markets
Investors are concerned that if GameStop continues to rise in such a volatile fashion, it may ripple through the financial markets
Investors are concerned that if GameStop continues to rise in such a volatile fashion, it may ripple through the financial markets
:rash
GameStop rise up
-
The identity of deepfuckingvalue has been revealed
(https://nypost.com/wp-content/uploads/sites/2/2021/01/keith-gill-99.jpg)
-
https://twitter.com/RedditStreet/status/1355220413991825411 (https://twitter.com/RedditStreet/status/1355220413991825411)
These bois :lawd
-
GameStop down, Dogecoin up. Dogecoin down, GameStop up.
Welcome to the meme economy!
-
When are my tendies printing? Im getting tired of waiting
-
#TimuWasRight
:ufup
https://mobile.twitter.com/redditinvestors/status/1355197653374668800
:kermit
https://twitter.com/CholeraFan/status/1355195585075306496
-
:whew
-
The dumbass with the cat shirt is still in
(https://i.redd.it/r557em3t5ce61.png)
-
Lol DFV is a symbol at this point. This will continue as long as he doesn't sell.
-
Can‘t wait for gamestop to be more valuable than amazon next friday.
-
Lol DFV is a symbol at this point. This will continue as long as he doesn't sell.
Its time to start renaming schools after him
-
Can‘t wait for gamestop to be more valuable than amazon next friday.
Gamestop has something Amazon doesnt: An expansive retail operation. Why wait 2 days to get your stuff delivered when you can pick it up within minutes?
-
:ohhh
-
Hurry up Monday
-
Hurry up Monday
(https://media.giphy.com/media/ISOckXUybVfQ4/giphy.gif)
-
Hurry up Monday
*record scratch*
(https://i.imgur.com/QcDHuGU.jpg)
(https://i.imgur.com/xwaciWK.gif)
-
Who else got AMC and Dogecoin rn? What’s up?
-
(https://pbs.twimg.com/media/Es7PIFlXYAUC6a6?format=jpg)
:heart
-
:lol
-
Who else got AMC and Dogecoin rn? What’s up?
I got 40 shares of AMC and 50 shares of NAKD. Fuck a bunch of crypto.
-
Who else got AMC and Dogecoin rn? What’s up?
Holding AMC strong here but a little skittish on the doge. A tale of two cities, really. I bought AMC at $17 during the initial climb, right near the peak. Oh well. It’s never made it back but that just makes it easier to hold.
But around 10 am yesterday I was on WSB. There was no buying on the volatile stocks and I see one comment among thousands. That one comment was simply. “What’s up with dogecoin?” I had bought like 500 of those for $0.50 forever ago so I checked. $0.01. WTF??? I immediately put in a hundred bucks like a true dumbass. Within an hour it was $0.03. WTF??? Another hundred bucks. Another hour later $0.04. 30 min later $0.05. 10 minutes later $0.06. Then immediately $0.07. I kinda couldn’t process this joke currency was making me some real money. It took a while to hit $0.08. Then eventually came crashing down to $0.05. I was almost hoping for some more Robinhood fuckery today for that day two boost but it never happened. I am amazed it’s holding at all, honestly. I suspected people were using it to max their GME money for today and it would crash but it’s in more of a slow fall.
So here I am with 15,500 dogecoin. “Worth” between $700-$800. I’m watching this slow fall kinda wondering if there will be another pop but I really doubt it. There is absolutely nothing keeping this from being worthless at any second lol.
If it hits $0.07 again I’m out for sure. If it his $0.03 I’m out. I’ll still have made a good amount. I have a feeling the second scenario is much more likely.
-
All I can say is that the JAMES FUND only invests in guaranteed returns, and not something speculative like doge coin
spoiler (click to show/hide)
verification never went through
-
dogecoin is joke shit, don't get caught up
the reason bitcoin retains value and is somewhat of a major player is because it's a limited currency, there are only 21 million bitcoins in existence and that's all there ever will be, unless the algorithm undergoes major restructuring
dogecoin was made as a joke parody of crypto and an infinite amount can be mined, it's not well designed as a currency
it's also not a stock, nobody is shorting it, it's not insured or regulated, and there's no underlying reason or significance for its rises and falls other than memes
the people who've been buying into everything mooning are starting to realize the difference between the shorts on gme/amc and cornball dogecoin and are getting out, before long it'll be back to where it was
spoiler (click to show/hide)
and that's when you buy tons of it for the next time this happens
-
this is also why nok is off the menu
you'll notice it has a similar trend as doge, it was just briefly a meme caught up in the excitement for no real reason
120% of gamestonk is shorted, those hedge funders have to buy back the stock eventually to cut their losses
42% of amc is shorted
only 1% of nok is shorted
-
btw this is not investment advice, I'm just talking out of my ass :doggy
-
Yup and just like that it hit $.03 and I pulled. It was fun a rush and I made a few hundred bucks. All in all I feel lucky I was early in... kinda late out but that’s fine, I’m not mad.
:doge
-
All I can say is that the JAMES FUND only invests in guaranteed returns, and not something speculative like doge coin
spoiler (click to show/hide)
verification never went through
Consider yourself lucky. You were going through some serious turmoil desperately trying to get in at the absolute peak.
-
Friend just texted to tell me she's getting to get 100 into doge and how to do it
:doge
This is someone who zero financial knowledge
-
Yeah, AMC and GME are all I'm paying attention to. I'm still in AMC right now. Everything else seems to just be a quick pump and dump. I'm here for all the jokes though.
https://twitter.com/HQTheGOAT_/status/1355132095941799937
-
the dogecoin subreddit is cringe central
https://www.reddit.com/r/dogecoin
a bunch of kids parroting what they've been reading on wsb with no understanding of what the potential is with gme and why that's not applicable elsewhere
BUY BUY DIAMOND HANDS
son there are no forces conspiring to maintain equilibrium or push it back up other than the people you convince to buy it, with your 70k active members compared to wsb over a million
https://www.reddit.com/r/dogecoin/comments/l804g3/why_doge_is_going_down_must_read/
DO NOT SELL UPVOTE THIS UPON READING!!
IF YOU HAVE MONEY IN DOGE THEN READ THIS!!!!
The only reason that it’s staggering is because free trading brokerages like Robinhood are making you wait until your deposits go through which takes up to 5 days, so ALLLL of these people who WANT to put in CANT because their deposits have not gone through. SO DO NOT SELL. HOLD HOLD HOLD. Once these boys’ deposits come through we’ll be 🚀🚀🚀 by mid week next week!!! UPVOTE THIS SO PEOPLE KNOW
Edit: Dogecoin RULES 1) .05 is the floor, if it dips we all have to work together to keep it above .05. 2) after it reaches $1 sell only 10% so we can continue to drive it up while still profiting
:snoop :picard
"free trading brokerages are making you wait," afaik robinhood is the only mainstream brokerage that lets you trade crypto directly and the only one making anyone wait for anything, any other brokerages just let you speculate on futures
coinbase et al are exchanges, not brokers
how do they think all these people forced to wait are going to act when they excitedly go to invest and notice they already missed the spike?
also ".05 is the floor" :lol
My social worker helped me sign up for BinanceUS and loaned me $10 to put into dogecoin today. Hopefully I can come out with enough to get my dog her allergy shots.
this is the saddest thing I've ever read in my life
:( :fbm :fbm :(
-
LETS GO!!!!!! HOLD HOLD HOLD. I have all my left over money in here!!! Every damn penny!!!! Next check I get 40% will go in. Rest goes to bills and food.... but not for long, we don't want to worry about bills, do we?!!! let's get to the moon!!!!!! 70 k doge holding strong. I will not quit!!!
going to get into real financial trouble
:fbm
Holding onto my $10,000 shares🚀
these aren't shares
:notlikethis
Just joined the battle an hour ago. Tried to help my comrades all day long but all the apps wouldn't let me/crashed until I found Uphold. Clutch as shit. I went in big with you homies. Ride that shit to the fucking moon like we did and will continue to do with those stocks we LIKE SO MUCH.
no concept of the meaning behind "we like the stock"
literally no one is coming for you if you buy too much dogecoin, other than your creditors
:goty2
-
https://twitter.com/MKUltraMoney/status/1355371371044499457
:thinking
-
LETS GO!!!!!! HOLD HOLD HOLD. I have all my left over money in here!!! Every damn penny!!!! Next check I get 40% will go in. Rest goes to bills and food.... but not for long, we don't want to worry about bills, do we?!!! let's get to the moon!!!!!! 70 k doge holding strong. I will not quit!!!
going to get into real financial trouble
:fbm
Holding onto my $10,000 shares🚀
these aren't shares
:notlikethis
Just joined the battle an hour ago. Tried to help my comrades all day long but all the apps wouldn't let me/crashed until I found Uphold. Clutch as shit. I went in big with you homies. Ride that shit to the fucking moon like we did and will continue to do with those stocks we LIKE SO MUCH.
no concept of the meaning behind "we like the stock"
literally no one is coming for you if you buy too much dogecoin, other than your creditors
:goty2
(https://i.redd.it/nxu9pu8e3be61.jpg)
-
https://twitter.com/MKUltraMoney/status/1355371371044499457
:thinking
WRONG NUMBER WENT UP :rage
-
I can't read that subreddit anymore it's worse than watching marley & me
(https://i.imgur.com/BAj3Hbk.png)
-
The way to pump dogecoin is to pull a Shkreli and buy out the rights to some drugs, then make dogecoin the only way to buy the drugs
-
great opportunity to plug my favorite reddit thread of all time
https://www.reddit.com/r/dogecoin/comments/29vt1q/suicidal_over_dogecoin_please_help_shibes/
-
great opportunity to plug my favorite reddit thread of all time
https://www.reddit.com/r/dogecoin/comments/29vt1q/suicidal_over_dogecoin_please_help_shibes/
Probably killing himself all over again now that he probably sold it and it has surged like this.
(https://pbs.twimg.com/media/Es3f199VkAEeeWS?format=jpg)
-
(https://i.imgur.com/FjltsqF.png)
-
great opportunity to plug my favorite reddit thread of all time
https://www.reddit.com/r/dogecoin/comments/29vt1q/suicidal_over_dogecoin_please_help_shibes/
Probably killing himself all over again now that he probably sold it and it has surged like this.
(https://pbs.twimg.com/media/Es3f199VkAEeeWS?format=jpg)
https://www.reddit.com/r/wallstreetbets/comments/l78yde/doing_my_part/
So many friends and family (wife included) wanted me to sell this morning at $155. Guess what I did?
Bought more of course.
Im up to 138 Shares of $GME $315 avg
All in for the $PEOPLE
My wife has called me 3 times about mine today. I told her they made it personal and I'm not selling.
I legitimately dumped my girlfriend because she moved $50k out of our shared account (45k of which was MY money, 5k which was hers) because I told her I was going to invest 40k.
I paid for the apartment, I pay the bills, I pay for both cars, and that 40k was mine with an extra 5k of mine to spare.
I got the money back and I invested. I'm sitting at a nice profit right now but I'm holding.
You literally only live once, and I'm not going to sit by and say I wasted my chance.
HOLD.
My wife is currently crying in the other room. I explained the whole situation and she understands, but she's a paper hand at heart god bless her. Edit: I love my wife but I LIKE THIS STOCK 💎🙌
This is bigger than money now man. This is fucking bigger. This is history, and you know what? These hedge-fund fucks are doubting your values, my values, the AVERAGE JOE'S VALUES. They are trying to call our bluffs.
They think fundamentally that we are greedy little rats, and if they bluff us hard enough, we will sell and give up and crawl back home.
Fuck them. Fuck all of them. Fuck this system. I bought in to make some quick lucky cash, I can admit that. But I'm fucking staying in and buying more because fuck them.
Apes. Fucking. Strong. Together. They'll see. They're SEEING.
This is like Star Citizen on a larger scale :dead
-
Apes. Fucking. They'll see. They're SEEING.
-
Apes. Fucking. They'll see. They're SEEING.
:dead
-
great opportunity to plug my favorite reddit thread of all time
https://www.reddit.com/r/dogecoin/comments/29vt1q/suicidal_over_dogecoin_please_help_shibes/
Probably killing himself all over again now that he probably sold it and it has surged like this.
(https://pbs.twimg.com/media/Es3f199VkAEeeWS?format=jpg)
https://www.reddit.com/r/wallstreetbets/comments/l78yde/doing_my_part/
So many friends and family (wife included) wanted me to sell this morning at $155. Guess what I did?
Bought more of course.
Im up to 138 Shares of $GME $315 avg
All in for the $PEOPLE
My wife has called me 3 times about mine today. I told her they made it personal and I'm not selling.
I legitimately dumped my girlfriend because she moved $50k out of our shared account (45k of which was MY money, 5k which was hers) because I told her I was going to invest 40k.
I paid for the apartment, I pay the bills, I pay for both cars, and that 40k was mine with an extra 5k of mine to spare.
I got the money back and I invested. I'm sitting at a nice profit right now but I'm holding.
You literally only live once, and I'm not going to sit by and say I wasted my chance.
HOLD.
My wife is currently crying in the other room. I explained the whole situation and she understands, but she's a paper hand at heart god bless her. Edit: I love my wife but I LIKE THIS STOCK 💎🙌
This is bigger than money now man. This is fucking bigger. This is history, and you know what? These hedge-fund fucks are doubting your values, my values, the AVERAGE JOE'S VALUES. They are trying to call our bluffs.
They think fundamentally that we are greedy little rats, and if they bluff us hard enough, we will sell and give up and crawl back home.
Fuck them. Fuck all of them. Fuck this system. I bought in to make some quick lucky cash, I can admit that. But I'm fucking staying in and buying more because fuck them.
Apes. Fucking. Strong. Together. They'll see. They're SEEING.
This is like Star Citizen on a larger scale :dead
Men.
:gurl :camby
-
the more I think about the gme thing the more I think there's no way anything comes of it
it's too mainstream now, nothing on this scale ever ends up with like 50% of the people walking away with 10x the money or even 2x the money, the world doesn't work like that
if it did spike again they wouldn't be able to stick the landing, a bunch of people would get out on the rise harming the ability to spike
the price will stay steady where it is now, going up small amounts and going down small amounts but slowly on a downward trend for months, some people will lose faith and cut their losses and it'll go down a bit, then others will halfheartedly "buy the dip"
there's talk that the hedge funders are covered now, they haven't closed out their positions but they could do shit like betting against their own position long term and use that to fund the interest on their shorts, getting out slowly over time, until before you know it a small % of the stock is left shorted and everyone else is holding an overvalued stock
I dunno we'll see I just don't see a giant mass of people making 10x their money on a get rich quick scheme
-
great opportunity to plug my favorite reddit thread of all time
https://www.reddit.com/r/dogecoin/comments/29vt1q/suicidal_over_dogecoin_please_help_shibes/
Probably killing himself all over again now that he probably sold it and it has surged like this.
(https://pbs.twimg.com/media/Es3f199VkAEeeWS?format=jpg)
https://www.reddit.com/r/wallstreetbets/comments/l78yde/doing_my_part/
So many friends and family (wife included) wanted me to sell this morning at $155. Guess what I did?
Bought more of course.
Im up to 138 Shares of $GME $315 avg
All in for the $PEOPLE
My wife has called me 3 times about mine today. I told her they made it personal and I'm not selling.
I legitimately dumped my girlfriend because she moved $50k out of our shared account (45k of which was MY money, 5k which was hers) because I told her I was going to invest 40k.
I paid for the apartment, I pay the bills, I pay for both cars, and that 40k was mine with an extra 5k of mine to spare.
I got the money back and I invested. I'm sitting at a nice profit right now but I'm holding.
You literally only live once, and I'm not going to sit by and say I wasted my chance.
HOLD.
My wife is currently crying in the other room. I explained the whole situation and she understands, but she's a paper hand at heart god bless her. Edit: I love my wife but I LIKE THIS STOCK 💎🙌
This is bigger than money now man. This is fucking bigger. This is history, and you know what? These hedge-fund fucks are doubting your values, my values, the AVERAGE JOE'S VALUES. They are trying to call our bluffs.
They think fundamentally that we are greedy little rats, and if they bluff us hard enough, we will sell and give up and crawl back home.
Fuck them. Fuck all of them. Fuck this system. I bought in to make some quick lucky cash, I can admit that. But I'm fucking staying in and buying more because fuck them.
Apes. Fucking. Strong. Together. They'll see. They're SEEING.
This is like Star Citizen on a larger scale :dead
This is that "Girl with a time machine / Boys with a time machine" meme, but with stonks. :thinking
-
(https://i.imgur.com/dpWK8ZE.png)
-
https://www.reddit.com/r/Economics/comments/l7wbvd/billionaire_blasts_robinhood_market_as_jon/glb98vx/?context=3
(https://i.imgur.com/5Lm7ymV.png)
-
(https://www.chapo.chat/pictrs/image/18QvvGc4Nn.jpg)
-
When you catch flak you are right over your target.
I would say the Reddit boys were right over the target.
No way those boomers would've freaked out on TV if people weren't going to lose a ton of money.
Yesterday: Robinhood and Reddit should be banned because it destabilizes the financial markets, the President is monitoring this
Today: No big deal
GTFO
-
Uncle.
Have a drink.
Put in another buy order.
See you on the moon.
-
(https://i.imgur.com/LoptOml.png)
-
My take is that this whole thing was started by some very intelligent people who saw an opportunity to fuck with some arseholes who had got comfortable/lazy in their little bubble world.
Once the ball got rolling though, the vast majority of people joining in were about as intelligent as the stereotypical Redditor and that's who has been sustaining this shit.
In the meantime, the arseholes who had their pants pulled down have regrouped and it turns out they are pretty fucking smart too and have covered their positions while dimwitted Redditors have been memeing it up in their own little bubble.
The end result will be the smart ones on both sides of the equation will be counting their coins and the dumbarses that have spent their time writing idiotic Reddit posts and memes are toast.
-
Occupy Wall Street got owned, that's good enough for me :trumps
-
(https://i.imgur.com/TKut4UY.png)
-
Some of you real salty you didn't get in last week like the James fund did
-
I am going to enjoy some chicken tendies next week 8)
edit: top of page tendies
(https://i.imgur.com/Mlt1Cmw.png)
-
Doge coin is collapsing.
That's why I stick with solid companies like Gamestop. Demand for amiibos is timeless
-
(https://i.imgur.com/6MVHmZR.png)
-
Insurrection of Wall Street cancelled :(
https://mobile.twitter.com/NYPDCT/status/1355558716465152007
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When ur police guarding a statue of a bull looks like random Metal Gear NPC's :neogaf
-
(https://i.imgur.com/6MVHmZR.png)
Now do one with the post where I was desperately trying to buy in.
I do believe I timed the peak perfectly
-
Insurrection of Wall Street cancelled :(
https://mobile.twitter.com/NYPDCT/status/1355558716465152007
This is fucking absurd. Please tell me this image concerns all of you Americans as much as it concerns the rest of us?
-
Insurrection of Wall Street cancelled :(
https://mobile.twitter.com/NYPDCT/status/1355558716465152007
This is fucking absurd. Please tell me this image concerns all of you Americans as much as it concerns the rest of us?
There's a defund movement for a reason
-
At the least the Democrats are protecting the statues they care about :obama
-
#statuelivesmatter
-
(https://pbs.twimg.com/media/Es76o2DWMAIyn6g?format=jpg)
-
Insurrection of Wall Street cancelled :(
https://mobile.twitter.com/NYPDCT/status/1355558716465152007
This is fucking absurd. Please tell me this image concerns all of you Americans as much as it concerns the rest of us?
There's a defund movement for a reason
Which is absolutely absurd as well, but a typically extreme American solution to a problem.
-
I think most people, maybe even the vast majority, don't mean that police departments should be completely defunded, just that many of them get far more money than they really need and some of those funds could be allocated in better ways to make the community safer.
-
Insurrection of Wall Street cancelled :(
https://mobile.twitter.com/NYPDCT/status/1355558716465152007
This is fucking absurd. Please tell me this image concerns all of you Americans as much as it concerns the rest of us?
not absurd at all if you've been nyc. they've got police armed in ar-15's at fucking grand central and penn station. Not that far a leap. Just a few train rides south to Bowling Green and bam, you've got armed killahz at Wall st.
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So what they really mean is disarm the police, but what they say is defund the police...
-
So what they really mean is disarm the police, but what they say is defund the police...
lol
-
So what they really mean is disarm the police, but what they say is defund the police...
ok
-
poast more put recommends :hmph
-
It's funny how so many people no longer understand what 'defund' means when 'the police' is attached to it. Anywho... stonks.
-
poast more put recommends :hmph
Put poastato out to pasture :rodney
-
i need to get nintendo stonks. I usually am right about their products.
-
https://www.wsj.com/articles/melvin-capital-lost-53-in-january-hurt-by-gamestop-and-other-bets-11612103117
Melvin Capital Lost 53% in January, Hurt by GameStop and Other Bets
Citadel, its partners and Point72 took losses from their investment in the hedge fund
Melvin Capital Management, the hedge fund that has borne the brunt of losses from the soaring stock prices of heavily shorted stocks recently, lost 53% in January, according to people familiar with the firm.
Melvin was founded by Gabe Plotkin, a former star portfolio manager for hedge-fund titan Steven A. Cohen. It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen’s Point72 Asset Management injected into the hedge fund last Monday.
:neogaf
New and existing clients have signed up to invest money into Melvin on Feb. 1, according to the people familiar with the matter. It was unclear how much they would be adding.
Do you smell that, boys? Smells like more tendies :rash
-
Capitalism at it’s finest
2021 Topps Garbage Pail Kids Gamestonk https://www.topps.com/2021-topps-garbage-pail-kids-gamestonk.html (https://www.topps.com/2021-topps-garbage-pail-kids-gamestonk.html)
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I don't know shit about stonk technicalities. But seeing the gist of recent events, it's great to see that there's people left on the internet who finally achieved what all the worthless woke bubbles couldn't - do something meaningful.
No one in power cares that you've cancelled a celebrity out of social media. No one in power cares they might have to hire a token black person down the line. If anything, it helps neolibs hide behind woke lip service to keep a broken system. However, when you get wallstreet brokers run crying to daddy government, you finally hit the right spot for once.
Gut jab, internet. :playa
-
Silver is next but I don't quite understand what their game is yet.
Just that they're buying physical silver by the truckload for some reason.
(https://pbs.twimg.com/media/EtFI1j_XcAAG9Dx?format=jpg)
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Doge alert. I’m staying out this time but it’s surging again.
spoiler (click to show/hide)
Don’t buy it unless you have time to watch it like a hawk today.
-
Silver is the ron Paul of investing
-
I remember watching a video by some guy in like 2012 talking about how he was bailing out of bitcoin because the government were going to shut it down, and he was instead going all in on silver
never been able to find it again, still haunts me to this day
edit: I looked through my favourites and couldn't find it. BUT I did find this guy that I watched and was also shilling BTC/Gold/silver and did seem to HODL BTC.
https://www.youtube.com/watch?v=b_HPozCXnTc
BRB gonna go back in time and strangle 17/18yo me :fbm :fbm
spoiler (click to show/hide)
on the other hand i would've kms if I bought silver/gold instead of BTC :lol :lol :lol
spoiler (click to show/hide)
Davinci was also Ron Paul pill'd, look at his oldest videos https://www.youtube.com/user/davincij15/videos?view=0&sort=da&flow=grid
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I don't feel even slightly sorry for gamblers when they lose
-
DOGE COIN IS SURGING TO THE MOON
-
loll, i spent at least 30 btc on drugs back in the day. i had a good time 8)
-
would be lying if i said i don't regret holding on/paying more attention to the value of it back then. i briefly attempted trading on btc-e ~2013 but when that site got hacked and subsequently seized by the feds i didn't bother trying again until i got an account with binance when they started up. also lost interest again after it peaked late 2017. the number of lost opportunities. maybe in another dimension i didn't fuck it up
-
While I do want to mess around with stocks sometimes in the future (and not just gamestonk which i am #HOLDING and bought mostly for meme purposes), I am finally getting around to not letting money waste away in my bank account. For now just going to invest a good chunk of my bank account on index funds, and around 500 to 1000 euros a month from there on. Hoping that will get me to stop spending money on stupid shit every month I dont need, and give a nice profit every year.
I know, a bit boring and whatever. But I do like the idea of not having to worry much about the majority of money.
spoiler (click to show/hide)
and then I will invest my life savings in cd projekt red to own libtards, when I get more comfortable with it
would be lying if i said i don't regret holding on/paying more attention to the value of it back then. i briefly attempted trading on btc-e ~2013 but when that site got hacked and subsequently seized by the feds i didn't bother trying again until i got an account with binance when they started up. also lost interest again after it peaked late 2017. the number of lost opportunities. maybe in another dimension i didn't fuck it up
I have my first emails about buying bitcoins from 2011. But it was such a bitch, especially in Denmark, so I gave up. What a mistaker.
-
While I do want to mess around with stocks sometimes in the future (and not just gamestonk which i am #HOLDING and bought mostly for meme purposes), I am finally getting around to not letting money waste away in my bank account. For now just going to invest a good chunk of my bank account on index funds, and around 500 to 1000 euros a month from there on. Hoping that will get me to stop spending money on stupid shit every month I dont need, and give a nice profit every year.
I know, a bit boring and whatever. But I do like the idea of not having to worry much about the majority of money.
spoiler (click to show/hide)
and then I will invest my life savings in cd projekt red to own libtards, when I get more comfortable with it
would be lying if i said i don't regret holding on/paying more attention to the value of it back then. i briefly attempted trading on btc-e ~2013 but when that site got hacked and subsequently seized by the feds i didn't bother trying again until i got an account with binance when they started up. also lost interest again after it peaked late 2017. the number of lost opportunities. maybe in another dimension i didn't fuck it up
I have my first emails about buying bitcoins from 2011. But it was such a bitch, especially in Denmark, so I gave up. What a mistaker.
Interest rates being what they are this is not a bad decision. And as we've seen with COVID-19 crisis, governments today are willing to interfere quite extensively in the 'free market' to make sure the stock market keeps going to the moon.
What has stopped me from doing so, is that soon there should be a 'correction' on some overvalued stocks. In some ways it is happening right now with the Dow shedding a few points. Stock markets are at record highs.
However you want to get on there before the world reopens, because plenty of people saved up a whole lot of money during the pandemic. If the politicians don't fuck it up, the boom that happens will be legendary.
My prediction is: February - May (dip) -> June/July (slow summer) -> September (TO THE MOON)
-
I'm thinking spy puts in the morning tomorrow, as we saw all this attention on gme etc., brokers not allowing people to spend their own money on certain stocks, and most importantly eroded confidence in the wisdom of shorting, all this will have an affect on wall street's continued prospects and deepen the downward trend at the end of last week
-
Anyone interested in creating a Borecoin?
Nintex, you're good with computers. Can your set this up? I'll buy 10
-
Anyone interested in creating a Borecoin?
Nintex, you're good with computers. Can your set this up? I'll buy 10
We thought about creating our own coin with the company but it is quite difficult to do.
I'm thinking spy puts in the morning tomorrow, as we saw all this attention on gme etc., brokers not allowing people to spend their own money on certain stocks, and most importantly eroded confidence in the wisdom of shorting, all this will have an affect on wall street's continued prospects and deepen the downward trend at the end of last week
On the flip side WSB now has ~8 million members, which just increases the number of people that are going to buy stonks. Probably Tesla, Apple and the other big names that most starting investors do next to whatever WSB starts pushing.
-
I'm thinking spy puts in the morning tomorrow, as we saw all this attention on gme etc., brokers not allowing people to spend their own money on certain stocks, and most importantly eroded confidence in the wisdom of shorting, all this will have an affect on wall street's continued prospects and deepen the downward trend at the end of last week
On the flip side WSB now has ~8 million members, which just increases the number of people that are going to buy stonks. Probably Tesla, Apple and the other big names that most starting investors do next to whatever WSB starts pushing.
all these new people are poors who will only be able to buy fractional shares of tesla at best, but if they do stick around their erratic meme purchasing is going to cause mayhem in the market
like I can't see any particular stock ever getting close to 100% shorted for a long time without causing another wsb run on the stock, everyone will be watching for that now, which means everyone shorting is going to have to hold off from that, which means less rapid growth, uncertainty in the market
-
I’ve got a GTX 780 to donate for the borecoin mining operation.
-
Anyone interested in creating a Borecoin?
Nintex, you're good with computers. Can your set this up? I'll buy 10
Here's a placeholder design. I'll buy 100 million.
(https://i.ibb.co/QfhVHjh/token-4.png)
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Guys I think we really have something here
-
New theory on wsb that the hedge funds have been printing counterfeit shares which is why the brokers are setting buy limits.
We hold boys
https://www.reddit.com/r/wallstreetbets/comments/l9rk78/sec_doj_60_minutes_public_data_suggests_massive/
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fake shares go brrr :success
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New theory on wsb that the hedge funds have been printing counterfeit shares which is why the brokers are setting buy limits.
We hold boys
https://www.reddit.com/r/wallstreetbets/comments/l9rk78/sec_doj_60_minutes_public_data_suggests_massive/
lmao this feels like 2008 all over again.
Daddy Musk probably has 10000000000000000 fake shares that run through Jared Kushner's shell company to the Saudi Royal family or something.
Or as he would say: "Oops, hehe"
-
:hyper
-
https://m.youtube.com/watch?v=wcqGBiXDB5Y
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Down 30% at open but if the shares are fake we might be up? Dunno this is getting hard to understand.
-
Depsite Gamestop going down, it's still $240 today vs $17 at the start of the year :lol
I'm up 5% today. BB to the MOON, GoPro doing great too and NOK holding :ohhh
-
AMC opened the day at about $17 and is down almost $3 now
:fbm
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AMC opened the day at about $17 and is down almost $3 now
:fbm
Don't you mean, DisneyAMC? :reeeee
-
amc isn't going to the moon, it's way overvalued, the theater model has been dying for years and the virus exacerbated that
who wants to travel somewhere only to have a worse experience sitting next to a sweaty person who keeps talking during the movie :yuck just watch it on your own 80 inch tv with surround :smug
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Not sure I will be able to afford chicken tendies this week brehs :fbm
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Not sure I will be able to afford chicken tendies this week brehs :fbm
press f bois
:tocry
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My understanding is we're holding as the chickens grow up
-
the hedgies are eating fake tendies :oreilly
-
My VPN is down and I dont know my password so I cant even check on my stocks
:fbm
-
Reddit update
(https://i.redd.it/og8ca1xskxe61.png)
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Hold :dice
-
TIL what a short ladder attack is, and how it’s fucking shady.
-
Unrelated to the gamestop shenanigans, I got a free subscription to a stock picking service. If anyone is interested I can share the picks (1-2 per month) secretly with this thread.
-
Unrelated to the gamestop shenanigans, I got a free subscription to a stock picking service. If anyone is interested I can share the picks (1-2 per month) secretly with this thread.
Are they any good?
Also:
(https://i.redd.it/ajix5l5xkwe61.jpg)
-
Made a bunch in SNDL today
-
Yeah I was not expecting that from SNDL today. It’s about the only good decision I’ve made in the past week since I was a day late for the big surge on the other stocks. Bought it at 0.50 and it hit 1.25 today before a late sell off. I still think it can perform well in the first half of the week (I have no idea what I’m talking about). Definitely have an itchy trigger finger on this one though.
-
Unrelated to the gamestop shenanigans, I got a free subscription to a stock picking service. If anyone is interested I can share the picks (1-2 per month) secretly with this thread.
Are they any good?
Just got it, but I bought the two stocks they mentioned in January today and am up 2% between them. The site is more for long term (3-5 years) so you won’t be making a lot of money overnight.
I’ll post them via the hide tool so I don’t get in trouble.
Sorry, only registered users can see this content. Please Login or Register.
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Got some tendies off a call option today thanks to Tesla. I also have a long SNDL call that I'm watching.
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Not sure I will be able to afford chicken tendies this week brehs :fbm
Popeyes got you covered.
(https://cdn.sanity.io/images/czqk28jt/prod_plk_us/b0ccc56d317fedccfbe4478926a922a041eda097-1088x648.jpg)
-
TIL what a short ladder attack is, and how it’s fucking shady.
And I'm learning a bunch of reasons never to take a company public if I'm ever in the position to do so. :doge
-
The desperation on WSB is palpable right now.
:'(
Not that I really think it’s a significant indicator but it’s sad to see, for real. It’s one thing to see controlthenarrative “Guh”. It’s a different feeling to see thousands quietly panicking.
-
i'd read that reddit in the past and it was p bleak. the halcyon days of the gme bull run was abnormal
-
Not sure I will be able to afford chicken tendies this week brehs :fbm
Popeyes got you covered.
(https://cdn.sanity.io/images/czqk28jt/prod_plk_us/b0ccc56d317fedccfbe4478926a922a041eda097-1088x648.jpg)
Ahh, good old capitalism, I can always count on you to exploit the zeitgeist for the literal quickest buck. (Being serious it was somewhat comforting lmao.)
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https://twitter.com/wolfofwallst/status/1356354121129979905 (https://twitter.com/wolfofwallst/status/1356354121129979905)
:lol
The fucking losses of these guys jesus :whew
HOLD DIAMOND HANDS :rejoice
-
If there's someone I'm turning to for financial advice, it's the guy who went to prison for scamming people with knowingly-unsound financial advice. :doge
-
New theory on wsb that the hedge funds have been printing counterfeit shares which is why the brokers are setting buy limits.
We hold boys
https://www.reddit.com/r/wallstreetbets/comments/l9rk78/sec_doj_60_minutes_public_data_suggests_massive/
This seems completely deranged to me? WSB exposed hedgefund frauding shares? really? WTF even is the stock market
-
The desperation on WSB is palpable right now.
:'(
Not that I really think it’s a significant indicator but it’s sad to see, for real. It’s one thing to see controlthenarrative “Guh”. It’s a different feeling to see thousands quietly panicking.
As long as deep fucking value holds were good.
The second he posts he's out you will see a crash to end all crashes
-
How's it going James-kun?
-
The desperation on WSB is palpable right now.
:'(
Not that I really think it’s a significant indicator but it’s sad to see, for real. It’s one thing to see controlthenarrative “Guh”. It’s a different feeling to see thousands quietly panicking.
You mean buying Gamestop stock at $400 a pop to own the libs hedgies is a bad idea and the inevitable crash will cause people to lose a ton of money? No way!
-
The desperation on WSB is palpable right now.
:'(
Not that I really think it’s a significant indicator but it’s sad to see, for real. It’s one thing to see controlthenarrative “Guh”. It’s a different feeling to see thousands quietly panicking.
You mean buying Gamestop stock at $400 a pop to own the libs hedgies is a bad idea and the inevitable crash will cause people to lose a ton of money? No way!
I mean of course it is. That’s why I’m only one share deep. I do think the movement is important, if govt won’t keep an eye on the hedgies maybe the public can. I also just sympathize with lots of people losing money they probably can’t afford to, no matter how dumb they may have been in the moment.
-
The desperation on WSB is palpable right now.
:'(
Not that I really think it’s a significant indicator but it’s sad to see, for real. It’s one thing to see controlthenarrative “Guh”. It’s a different feeling to see thousands quietly panicking.
I have to admit they have good points though
why go to all this effort to ladder attack a stock to force it to go down unless you NEED it to go down as fast as possible? the trading volume is low, nobody is selling
why the fuck would all the news sites suddenly say reddit is now targeting silver, out of thin air? it takes one second of checking to see that they're not, if anything they were targeting amc and bb and nok, barely any mentions of silver
-
The neighbor puts a For Sale sign on his Camaro. Imagine you and a couple buddies wanted to buy it. He says he wants $6,000. Your buddy says to you loudly, “How about $4K and I just sell you mine?” You say sure! (But you don’t actually buy). Next day, you approach your other buddy and say loud enough for the neighbor to hear, “Aww man, Camaros are shit.. can you take this off my hands for $3K?” He grudgingly agrees, but no cars change hands. Two days later you approach your neighbor and say, “$6K.. man, that’s crazy. One just sold for $3K. How about $2500?” He heard the other sales numbers and thinks, “maybe this isn’t worth what I thought it was.” And boom! You convinced that dumb neighbor his tendies were stale.
https://www.reddit.com/r/wallstreetbets/comments/l72r36/what_is_a_short_ladder_attack/
Ladder attacks huh. Hedge funds :yuck
-
The desperation on WSB is palpable right now.
:'(
Not that I really think it’s a significant indicator but it’s sad to see, for real. It’s one thing to see controlthenarrative “Guh”. It’s a different feeling to see thousands quietly panicking.
I have to admit they have good points though
why go to all this effort to ladder attack a stock to force it to go down unless you NEED it to go down as fast as possible? the trading volume is low, nobody is selling
why the fuck would all the news sites suddenly say reddit is now targeting silver, out of thin air? it takes one second of checking to see that they're not, if anything they were targeting amc and bb and nok, barely any mentions of silver
Sure, I’m not discounting that some nefarious shit is going down and the low-volume crash is extremely sus. That’s the main reason I didn’t sell my share and wipe my hands of this whole thing. I’m more referencing the tone shift from “TOO THE MOON” to “You think it’s gonna happen guys? it’s gotta happen, right?” I think there has been a perspective shift and I think it’s scaring people who over extended. As much as they won’t admit it, as time shaves retail people off one at a time, it is going to be more difficult to carry this to any kind of squeeze. I also think these hedge funds can fight back longer than WSB is willing to give them credit for. I also think more people are getting bored than they are willing to admit.
GME going to $750 plus would be a lot more painful than paying interest for another week and fighting dirty. Or maybe it wouldn’t, I don’t really know, I would just think so.
-
I don't think a giga squeeze will happen at this point, no
if it gets to 350-400 a ton of people will cut their losses and get out, driving the price back down, making it hover in that range at best
-
:drudge
The James Fund still hasn't made any payments.
Liquidity problems?
:drudge
-
My VPN is down and I dont know my password so I cant even check on my stocks
:fbm
:fbm
-
Why would you need a VPN to trade stonks?
I’m starting to think the James Fund is not on the level.
:thinking :tinfoil
-
Drivewealth, a brokerage a lot of foreign companies use for access to us markets through API integrations (incl. mine) is blocking gme, amc and nok trading from tomorrow too. RIP
-
Drivewealth, a brokerage a lot of foreign companies use for access to us markets through API integrations (incl. mine) is blocking gme, amc and nok trading from tomorrow too. RIP
Free markets ! :corona_rodney
-
No more tendies :fbm
-
Bought 36 shares of AMC for $500 at opening yesterday. Anxiously checked my phone all day, seeing how I was slowly but surely losing money. Decided to cut my losses and lose $40 rather than the whole $500 when the stock crashes.
I figure even if that shit made me money, short term investing is terrible for my mental health and well-being. It also doesn't help that billionaires have the money and capital to steer the entire market to their favor with 80 different flavors of manipulation.
-
Set a modest limit on my amc and never looking back, if it sells, it sells :yeshrug
-
Just pulled up the stock prices
:pika :pika :pika
-
Keep calm everyone
(https://i.redd.it/ydyq5016x2f61.jpg)
-
Chapo did a Stonkfellas cold open.
https://mobile.twitter.com/willmenaker/status/1356652064592568324
-
I've sold my BB that wasn't going anywhere and it lost traction among the memes.
GME is a definite HOLD if you still have it.
Still a lot going on there which makes it the most likely candidate to pull off the short squeeze.
-
Got into my account.
Set a stop-loss order at $100 for GME.
So Im holding but also not risking this ship going back to $3. Except for 2, Im holding those to the grave.
Lets pray boys
-
:fbm :fbm :fbm :fbm :fbm :fbm :fbm :fbm :fbm :fbm :fbm
-
I’m all out. Lost a couple hundred on all this. But hey, I actually learned a lot. This wasn’t my first foray into short term trading but it was probably the most expensive.
Good luck to those of you that are stronger than myself. I actually feel bad I can’t stay on the train but losing another $1000 just isn’t an option for me right now. Back to the boomer S&P I guess.
-
Lots of people in WSB posting about how they put all their unemployment money into GME hoping for a better life.
The house wins again
:fbm
-
It was fun to make non-sensical financial decisions and feeling like these guys
(https://i.pinimg.com/originals/b5/0a/b8/b50ab846d4249069124e56a15de8994c.gif)
Anyway, I learned a lot too in a short time.
Good luck on the squeeze. Hold if you must, fold if you have to :heart
And remember don't gamble with money you can't miss.
-
Imagine buying overpriced stonks at the peak and then being shocked when you get shafted. :neogaf
DFV is gonna be out there driving his new Ferrari while you're eating ramen for the rest of the year. :neogaf :neogaf
-
02/02/21 2:24 PM ET Executed $101.01
:fbm
The order triggered.
It's over.
-
Im super bummed and I still came out with a profit. Cant imagine how people who bought at the top feel.
:fbm
What a disaster this has been.
-
Tendie time is over :stahp
-
Lol
-
https://www.youtube.com/watch?v=gV7lz6wCcfM
-
:drudge :drudge :drudge :drudge
GME is collapsing
Down $100
My sell order was $3 away from executing at $355
:stahp :stahp :stahp :stahp :stahp :stahp
:walkaway
-
Wait I've been under the assumption this was another post-irony millennial thing, people actually expected GameStop stock to cross $1k? :dead
-
It crossed $500. I don't know about 1K, but it would've gone a lot higher if Robinhood and other brokers didn't start severely limiting trading.
-
Yeah, this was definitely iced out by a few factors. I never held GME, but I do own some amc with an average buy of like $12. So go see a movie when covid is over, please :P
-
I had already named the yacht :fbm
I had already decided to buy a penthuse at the waldorf astoria :fbm
I had already decided to buy a RR wraith black badge :fbm
I had already chosen a rolex :fbm
Instead of $100m, I have 30$ left with a -70% return
Fucking PAPERHAND BITCH REDITORS
YOU HAVE MADE A POWERFUL ENEMY TODAY FUYCKKEEEEEEEERURE
-
ETH is spiking get in here
-
I just wanted two weeks at an isolated beach :(
-
Our trip to the moon has been caught on camera
https://www.reddit.com/r/space/comments/lb5otn/spacex_sn9_launch_results_in_an_explosion_during/
-
Im super bummed and I still came out with a profit. Cant imagine how people who bought at the top feel.
:fbm
What a disaster this has been.
Breh, it's the same scam that's been run a billion times for thousands of years. The people who bought in early when it was cheap come out on top, the people who bought in late when the price was skyrocketing come out with zilch. Same as it ever was.
-
Im selling at $415
:nothing
Honestly you should have.
-
It crossed $500. I don't know about 1K, but it would've gone a lot higher if Robinhood and other brokers didn't start severely limiting trading.
Sounds like sour grapes tbh.
Don't take someone on if you can't tell how hard they hit back, and if you do, make sure you can take the blow.
-
Im selling at $415
:nothing
Honestly you should have.
I sold 2 at 418 (would have been 460 if not for the fuckwads at Ally who cant run a fucking website). I sold 3 more at 370.
I did learn SOME lessons from March.
-
AMC down below $8 brehs
:fbm
-
Im super bummed and I still came out with a profit. Cant imagine how people who bought at the top feel.
:fbm
What a disaster this has been.
Breh, it's the same scam that's been run a billion times for thousands of years. The people who bought in early when it was cheap come out on top, the people who bought in late when the price was skyrocketing come out with zilch. Same as it ever was.
This is true, I'd add that there was a lot of momentum from everyday sources of misery that made this a very hyped event.
Pandemic that adds a dreary mononity to life
Pandemic that's also affected income
The narrative of this fucking over billionaires
How easy it is to buy stock nowadays
I've known a little bit of stock trading from random sources, but there was some endorphin chasing thing in my brain that felt the urge to fuck around, justify trying to play the game.
I thought AMC was gonna have a similar but not as substantial spike based on hype apes. Installed cash app, did very basic verification, and was able to buy stock very quickly and very easily. You just need to link a debit card and....if you're not careful, you can invest an entire bank account in seconds.
Drug overdoses and suicide rates have skyrocketed with this pandemic. The idea of gambling money from your phone, very easily, hits a part of the brain that stimulates really risky decision making.
-
Thought experiment: if WSB had put all their effort and money towards buying lottery tickets, what are the odds they would have been overall more successful?
I suppose pre-tax, a billion dollars spread across their 8.3 mil members (assuming all participated) would only equal $120.48 per person (assuming 1 lottery ticket per person), but that's likely better than the massive losses everyone is seemingly experiencing right now.
-
Loto being more reliable than the stock market is sort of the point tho :dead
-
Im hearing rumors we could save Sears if we all buy in
-
Thought experiment: if WSB had put all their effort and money towards buying lottery tickets, what are the odds they would have been overall more successful?
I suppose pre-tax, a billion dollars spread across their 8.3 mil members (assuming all participated) would only equal $120.48 per person (assuming 1 lottery ticket per person), but that's likely better than the massive losses everyone is seemingly experiencing right now.
https://www.reddit.com/r/wallstreetbets/comments/3zsn4x/shorting_powerball/
https://www.reddit.com/r/wallstreetbets/comments/3zvxp5/shorting_powerball_update/
-
Daily reddit update
(https://i.redd.it/rr9n7obwq4f61.png)
IF HE'S STILL IN IM STILL IN
Oh shit I sold n/m
BEZOS LEAVING AMAZON PANIC SELL YOUR AMAZON STOCKS
-
Who has Jeff B been fucking this time? :lol :lol :lol
-
On the chance that it does rebound for the big squeeze still, I grabbed a GME when it hit $98 and set a sell order for it. If this truly is the end of zombie Shakespeare, I don’t mind being out the hundo.
-
This will be James in a few days.
https://m.youtube.com/watch?v=TRXdxiot5JM
-
https://youtu.be/KV5QlSgq7lg
-
Thought experiment: if WSB had put all their effort and money towards buying lottery tickets, what are the odds they would have been overall more successful?
I suppose pre-tax, a billion dollars spread across their 8.3 mil members (assuming all participated) would only equal $120.48 per person (assuming 1 lottery ticket per person), but that's likely better than the massive losses everyone is seemingly experiencing right now.
https://www.reddit.com/r/wallstreetbets/comments/3zsn4x/shorting_powerball/
https://www.reddit.com/r/wallstreetbets/comments/3zvxp5/shorting_powerball_update/
Lol I don't understand any of this :P
-
It crossed $500. I don't know about 1K, but it would've gone a lot higher if Robinhood and other brokers didn't start severely limiting trading.
Sounds like sour grapes tbh.
Don't take someone on if you can't tell how hard they hit back, and if you do, make sure you can take the blow.
Sour grapes? I never held any GME, but I was rooting for WSB.
-
I am not a smart man but I was a lucky motherfucker this week
(https://i.imgur.com/eyU24n2.png)
(https://i.imgur.com/KtL45P9.png)
(https://i.imgur.com/fDm2iEL.png)
(https://i.imgur.com/ox0BPvT.png)
some of the swings look big but all total it only amounted to a few hundred
all were on separate days so I didn't get dinged for day trading
all of it was due to people screaming BUY BUY IT'S GOING TO THE MOON then having second thoughts and bailing
I should not have done any of this but it mysteriously worked out :dizzy
-
It crossed $500. I don't know about 1K, but it would've gone a lot higher if Robinhood and other brokers didn't start severely limiting trading.
Sounds like sour grapes tbh.
Don't take someone on if you can't tell how hard they hit back, and if you do, make sure you can take the blow.
Sour grapes? I never held any GME, but I was rooting for WSB.
Not from you but from those pushing the "this would be diamonds if not for those evil Robinhood people" narrative.
-
Not from you but from those pushing the "this would be diamonds if not for those evil Robinhood people" narrative.
they effectively squashed the possibility of a 2nd short squeeze fueled by retail investors by suspending trading.
whether it would've happened if they didn't do anything.. who knows. but they are doing their best to make sure it doesn't atm.
it's not just robinhood either.
-
:hans1 :lucille :popcorn
-
you invested all your savings into gamestop?
(https://media4.giphy.com/media/12AKf1SgOrhc7S/200.gif)
-
Not from you but from those pushing the "this would be diamonds if not for those evil Robinhood people" narrative.
they effectively squashed the possibility of a 2nd short squeeze fueled by retail investors by suspending trading.
whether it would've happened if they didn't do anything.. who knows. but they are doing their best to make sure it doesn't atm.
it's not just robinhood either.
AMC couldn't be traded on cash app today. GME and AMC pulled from multiple websites and apps. Better yet:
Media outlets saying WSB were pushing for silver investing, meanwhile, on the actual subreddit, anyone bringing up silver was shit on and posts shilling for silver being almost instantly deleted, painted a very clear picture.
When 99% of the posts in front of you are "HOLD GME, WE APES, HOLD GME, DONT GET DISTRACTED. BE APE. HOLD"
And then media outlets run that these hype apes were trying to get people to invest in silver?
It's not even "well journalism sucks lol what do you expect". It's straight up a narrative being fabricated by investment websites.
It crossed $500. I don't know about 1K, but it would've gone a lot higher if Robinhood and other brokers didn't start severely limiting trading.
Sounds like sour grapes tbh.
Don't take someone on if you can't tell how hard they hit back, and if you do, make sure you can take the blow.
Sour grapes? I never held any GME, but I was rooting for WSB.
Not from you but from those pushing the "this would be diamonds if not for those evil Robinhood people" narrative.
When politicians and people like Mark Cuban are saying there's some bullshit, there's definitely bullshit.
-
There's bullshit on wallstreet?? :o
-
There's bullshit on wallstreet?? :o
Have you genuinely been following everything going on or are you jumping in at the end to blindly poo poo everywhere :doge
-
There's bullshit on wallstreet?? :o
Have you genuinely been following everything going on or are you jumping in at the end to blindly poo poo everywhere :doge
I've been mildly poo pooing all along, thank you very much. :P
-
More like Tasty Shit ::)
spoiler (click to show/hide)
:drool
-
https://www.reddit.com/r/wallstreetbets/comments/lbj15v/please_control_your_risk_please_protect_your/ (https://www.reddit.com/r/wallstreetbets/comments/lbj15v/please_control_your_risk_please_protect_your/)
-
https://www.reddit.com/r/wallstreetbets/comments/lbj15v/please_control_your_risk_please_protect_your/ (https://www.reddit.com/r/wallstreetbets/comments/lbj15v/please_control_your_risk_please_protect_your/)
(https://imgur.com/DqZufp5.jpg)
(https://memegenerator.net/img/instances/40668475.jpg)
-
Whatever you do, make sure it is within your personal risk tolerance™
-
https://twitter.com/drewharwell/status/1356715856101842945
Nintex, this you?
-
Nintex, this you?
Probably not, but I'm willing to bet he's also subjected some poor assholes to his screeds about how fiscally prudent the Dutch people are at some point on a forum or twitter.
-
https://www.reddit.com/r/wallstreetbets/comments/lbj15v/please_control_your_risk_please_protect_your/ (https://www.reddit.com/r/wallstreetbets/comments/lbj15v/please_control_your_risk_please_protect_your/)
(https://imgur.com/DqZufp5.jpg)
(https://memegenerator.net/img/instances/40668475.jpg)
Counterpoint :
https://www.reddit.com/r/wallstreetbets/comments/lbnidp/people_now_pressuring_and_flatout_belittling/ (https://www.reddit.com/r/wallstreetbets/comments/lbnidp/people_now_pressuring_and_flatout_belittling/)
-
https://www.reddit.com/r/wallstreetbets/comments/lbj15v/please_control_your_risk_please_protect_your/ (https://www.reddit.com/r/wallstreetbets/comments/lbj15v/please_control_your_risk_please_protect_your/)
(https://imgur.com/DqZufp5.jpg)
(https://memegenerator.net/img/instances/40668475.jpg)
:neogaf
-
It’s now QAnon but with stocks.
:rejoice
-
It’s now QAnon but with stocks.
:rejoice
(https://i.imgur.com/8zkcIAy.jpg)
-
https://mobile.twitter.com/HitherToFore/status/1356641768394158080
-
But his favorite Reddit forum, WallStreetBets, was increasingly obsessed with it, casting it as a way to crush billionaires, move the market and profit heavily in the process. Energized by its rising price, Oosterink said he invested another 8,000 euros last month — nearly $10,000, mostly from years of savings from his parents and some government college loans — leaving only about 30 euros in his personal account.
He kept 30 Euro's like a real Hollander, a Greek or Italian wouldn't have done that :snob
-
Time to wipe the thread before the feds get to us :anhuld
(https://i.redd.it/4nd97dz3ibf61.jpg)
-
(https://reactiongifs.me/wp-content/uploads/2014/06/is-this-legal-absolutely-not-leonardo-dicaprio-the-wolf-of-wall-street.gif)
-
fwiw: I eat tendies earlier this evening :smug
-
But his favorite Reddit forum, WallStreetBets, was increasingly obsessed with it, casting it as a way to crush billionaires, move the market and profit heavily in the process. Energized by its rising price, Oosterink said he invested another 8,000 euros last month — nearly $10,000, mostly from years of savings from his parents and some government college loans — leaving only about 30 euros in his personal account.
He kept 30 Euro's like a real Hollander, a Greek or Italian wouldn't have done that :snob
:lol
-
EVERYTHING I POSTED WAS IN RELATION TO THEORETICAL TRADES WITHIN MINECRAFT
-
Wow who could have predicted that a ton of impressionable idiots buying inflated garbage stocks would lose money somehow.
-
https://mobile.twitter.com/HitherToFore/status/1356641768394158080
:dead
-
Doge
-
I turned 25 bucks into 28 thanks to Elon's tweet so far. I am rich bois.
-
The SEC have activated their sleeper agents and are destroying WSB from within :ohhh
https://www.reddit.com/r/SubredditDrama/comments/lcaede/rwallstreetbets_is_being_taken_over_from_inactive/
(https://i.redd.it/vd6jrqe32ef61.png)
-
I realized this morning that each time Elon tweets about dogecoin I lose more from my Tesla stock than I make from the doge pump.
I guess the only solution is to put more money in doge.
:doge
-
You've really lost the plot when you start talking yourself into Gamestop being a valuable company.
It really is simple, even if the volatility slows and we sit in the 90-110 area, the company is vastly changing. They have capital, their financials aren’t bad, the motherfucking CHEWY founder is on the board. If it takes a little while for you to break even, so be it. This has turned into a cult stock, you think Tesla’s financials match their stock price? FUCK NO.
Just hold if you can hold, if you need to pay your rent and pull then you shouldn’t have been playing with your money like this.
HOLD IDIOTS, AND LETS GET WSB BACK TO BEING OPTION TRADERS
-
https://mobile.twitter.com/HitherToFore/status/1356641768394158080
(https://i.imgur.com/RTGjT5j.gif)
-
You've really lost the plot when you start talking yourself into Gamestop being a valuable company.
It really is simple, even if the volatility slows and we sit in the 90-110 area, the company is vastly changing. They have capital, their financials aren’t bad, the motherfucking CHEWY founder is on the board. If it takes a little while for you to break even, so be it. This has turned into a cult stock, you think Tesla’s financials match their stock price? FUCK NO.
Just hold if you can hold, if you need to pay your rent and pull then you shouldn’t have been playing with your money like this.
HOLD IDIOTS, AND LETS GET WSB BACK TO BEING OPTION TRADERS
the motherfucking CHEWY founder is on the board
Oh well in that case :badass
-
their financials aren’t... bad
Lol this is the biggest backhanded non-compliment to a company I've ever seen :dead
-
I think even the original WSB guys on the GME train reckoned the "correct valuation" based on the actual company health was around 20$.
But I guess there's not much for bag holders to do except eat losses later in the off chance some other wild spike happens at some point.
-
The plan is simple you all. After Trump wins the presidency in 2024, he’ll revalue GME to be worth 10,000 per share. Get in now while it’s low, be patient, and then enjoy being a millionaire.
-
(https://reactiongifs.me/wp-content/uploads/2014/06/is-this-legal-absolutely-not-leonardo-dicaprio-the-wolf-of-wall-street.gif)
https://m.youtube.com/watch?v=MQL5-GVt-8I
-
The plan is simple you all. After Trump wins the presidency in 2024, he’ll revalue GME to be worth 10,000 per share. Get in now while it’s low, be patient, and then enjoy being a millionaire.
*snoooorrt* "GAMESTOP! Oh boy do we love Gamestop and we love Wall Street Bets. They hold and look... I thought, wow this guy lost millions he's going to sell, like I would sell. And he HOLDS. Look at the balls on this guy and he's still HOLDING it's crazy let me tell ya but we love the holders. We want them to hold. HOLD DON'T FOLD. When I get elected it'll go up, believe me it'll go up. It'll go up like you've never ever seen before. And they will ask me SIR... SIR how do we stop?"
*HOLD THAT STOCK! HOLD THAT STOCK! HOLD THAT STOCK!*
"I call it a SQUEEZE that's French for a squeeeeeze you know when you touch something soft but really this is actually very hard"
-
https://www.reddit.com/r/CryptoCurrency/comments/lce6zm/elon_musk_reminds_me_of_a_rich_billionaire_who/
Elon Musk reminds me of a rich billionaire who throws a wad of 100's into traffic and watches poor people scramble for the cash while a bus can hit them at any moment.
Anyone kinda disturbed by his behaviour? He clearly knows what he's doing but seems to enjoy the affect it has on people. He's toying with the young and the ignorant and he seems to get off on it while drunkenly watching from his mansion.
:lol :lol
-
It crossed $500. I don't know about 1K, but it would've gone a lot higher if Robinhood and other brokers didn't start severely limiting trading.
Sounds like sour grapes tbh.
Don't take someone on if you can't tell how hard they hit back, and if you do, make sure you can take the blow.
That is true, but it also goes for Robinhood. I expect they will be on the wrong end of a few class-action lawsuits, despite their clickthrough EULA.
-
I bet some people made serious bank on GME. Riding the wave and then shorting the fuck out of it was so obviously the right move. I feel so stupid for being so risk averse.
-
Everyone who didn't sell has never heard of the prisoner's dilemma
-
If you are for some reason still holding sell that shit now.
-
If you are for some reason still holding sell that shit now.
DON'T TELL ME WHAT TO DO REEEEEEEEEEEE
-
It crossed $500. I don't know about 1K, but it would've gone a lot higher if Robinhood and other brokers didn't start severely limiting trading.
Sounds like sour grapes tbh.
Don't take someone on if you can't tell how hard they hit back, and if you do, make sure you can take the blow.
That is true, but it also goes for Robinhood. I expect they will be on the wrong end of a few class-action lawsuits, despite their clickthrough EULA.
Eh I regret that post, people losing money just isn't cool and there was some level of fishery going on.
-
So did anyone here make that scrilla? 5 digits? 4 digits? More?
-
(https://i.redd.it/i8uomkd07kf61.jpg)
-
I dont know what that means. You made money?
-
I dont know what that means. You made money?
Do you run this forum for money?
Of course not.
Its about friendships demi. Thats what we all want.
-
Money would make me happier yes
-
demi's post used to be top of the page 18 which means someone just deleted several posts which could have made the forum legally culpable for financial wrongdoing :thinking
-
https://mobile.twitter.com/conner_omalley/status/1239659855448866816
:dead
-
I dont know what that means. You made money?
I ended up losing a couple hundred bucks.
That is not my screenshot. Im better than that lol
-
So did anyone here make that scrilla? 5 digits? 4 digits? More?
I made about $1400 on GME when it increased from 100 to 114 early on. I thought that was the end of it and got out before it really took off the following day. I could've made at least 10k.
-
Tell me I’m stupid for staring at dogecoin the over the past 2 weeks and each day wondering why I haven’t left money in there.
I don’t know. I’m starting to think .50 or even $1 is a possibility.
-
I can see Dogecoin become the counter rallying cry from Elon Musk and friends against that build back better and great reset idea pushed by the world economic forum and governments.
Yes a great reset, a reset to a dogecoin economy.
Snoop Dogg is on board too
https://twitter.com/SnoopDogg/status/1358141965930426368 (https://twitter.com/SnoopDogg/status/1358141965930426368)
-
Elon is manipulating Bitcoin now
https://twitter.com/business/status/1358765462931320835
-
Who was the fucker who told me not to get into doge coin
-
:doge
-
Wait just remembered it was the stupid website verification that blocked me, youre all good :heartbeat
-
I still think it will slide back down eventually, because in a real world sense it's next to useless and poorly designed and is only as valuable as the people who own it believe it is
I mean even elon invested in regular bitcoin despite making joking tweets toward doge
-
so far this year i've made enough money on my weedstonks (after tax) to give me roughly 4 years of comfortable living.
In comparison the entirety of 2020 only gave me 2 years...
It won't be enough for any hookers and blow though, which might lead you to believe that the metric is useless. But it does keep me out of the job market so it's actually a really good metric.
still, it's all because of sleepy Joe Biden and the gorgeous people of Georgia, so thank you brehs! :heartbeat
-
so far this year i've made enough money on my weedstonks (after tax) to give me roughly 4 years of comfortable living.
In comparison the entirety of 2020 only gave me 2 years...
It won't be enough for any hookers and blow though, which might lead you to believe that the metric is useless. But it does keep me out of the job market so it's actually a really good metric.
still, it's all because of sleepy Joe Biden and the gorgeous people of Georgia, so thank you brehs! :heartbeat
Next time tell us what to buy in advance, asshole
-
so far this year i've made enough money on my weedstonks (after tax) to give me roughly 4 years of comfortable living.
In comparison the entirety of 2020 only gave me 2 years...
It won't be enough for any hookers and blow though, which might lead you to believe that the metric is useless. But it does keep me out of the job market so it's actually a really good metric.
still, it's all because of sleepy Joe Biden and the gorgeous people of Georgia, so thank you brehs! :heartbeat
Next time tell us what to buy in advance, asshole
i told you on the first page of the thread, distinguished mentally-challenged fellow :lol
-
so far this year i've made enough money on my weedstonks (after tax) to give me roughly 4 years of comfortable living.
In comparison the entirety of 2020 only gave me 2 years...
It won't be enough for any hookers and blow though, which might lead you to believe that the metric is useless. But it does keep me out of the job market so it's actually a really good metric.
still, it's all because of sleepy Joe Biden and the gorgeous people of Georgia, so thank you brehs! :heartbeat
Next time tell us what to buy in advance, asshole
i told you on the first page of the thread, distinguished mentally-challenged fellow :lol
:pika
-
Sounds like some illegal insider trading boys :biden
-
(https://i.redd.it/l1xdlgk5g9g61.jpg)
-
Well SNDL was a great second stock to buy. :-[
-
Well SNDL was a great second stock to buy. :-[
I'm worried it won't be for long since reddit knows about it now and are going nuts
as soon as reddit recognizes a goldmine it nosedives
-
yeah, a lot of the weed stocks went up because of it. had some FOMO with APHA because I was eyeing it last week, but I think going with MSOS is the safer bet for now.
-
Guys, how about we start buying these stocks BEFORE they skyrocket?
Buy low sell high
-
yeah, a lot of the weed stocks went up because of it. had some FOMO with APHA because I was eyeing it last week, but I think going with MSOS is the safer bet for now.
i've sold most of my aphria but i'm keeping 1000 because of the crazy big arbitrage towards tilray :money
-
I bought 40 shares of APHA in December. These gains aren't enough to quit my job. :corona_mj
Guys, how about we start buying these stocks BEFORE they skyrocket?
And how do you suggest we do that? :maf
-
yeah, a lot of the weed stocks went up because of it. had some FOMO with APHA because I was eyeing it last week, but I think going with MSOS is the safer bet for now.
i bought some NEPT a few days ago alongside a bunch more in that MSOS/YOLO weed ETF. almost instant 30% gain day 1 with NEPT then it flattened but seems actually priced fine. Village farms also seemed fine. Should've got on the hype train with TLRY / APHA i guess :doge
-
put another k into my 'murcan trading account heh. dese returns. wish i had more liquid cash tbh though kinda glad as im feeling a little desperate, am pretty dumb and could get srsly burnt if i had ready access to my savings. housing market has gone so nuts here like a lot of places the past year. i've been priced out of a new place again so im staying in my apartment and throwing money at this shit i guess. house market: skyrocketing, stock market: mooning, bubble: inflating, needle? getting ready to pop.
-
The bigger the bubble, the bigger the government bailout. Keep pumping boys 8)
-
Bought sndl as a long term idea under a dollar, now I’m like, shit okay where do I get off this, the memers are here
-
Guys, how about we start buying these stocks BEFORE they skyrocket?
And how do you suggest we do that? :maf
Pump and dump, baby :win
-
The weed pump and dump is complete.
Bought sndl as a long term idea under a dollar, now I’m like, shit okay where do I get off this, the memers are here
I hope you sold while it was still high.
-
Nah, I’m long in it still. Probably should have sold enough to cover the position when it was north of 4 but, I’m hoping to hold it a year+
-
Hump and pump :drool :hump
-
oops, well I'm glad I'm in the boring etf and the less visible stock with OK fundamentals now
-
Secret tips on how to make millions in stock from one of America's greatest governors.
https://www.youtube.com/watch?v=5ODeU9iNeYU
-
Only $47 I mean, you gotta hand it to them. It's a fair grift.
-
Fuck this. The system is completely rigged. We would have blown up the economy at the end of January.
https://www.reddit.com/r/wallstreetbets/comments/lmagzp/today_interactive_brokers_ceo_admits_that_without/
-
nsf001
smashthestate
-
The SEC is going after the redittors not the hedgefunds.
Read about a lawsuit yesterday. :doge
Voting has consequences.
-
Wallstreetcrats :stahp
-
i've sent a letter off to my broker (he only works two days a week) to see how my £35 worth of gamestop, blackberry and AMC investments are doing. i hear they're all massive up and comers.
papa's gonna buy a brand new bag.
-
Wallstreetcrats :stahp
warren :bernie
-
Wallstreetcrats :stahp
warren :bernie
:jawalrus
-
https://twitter.com/biancoresearch/status/1362450258282885129
-
(https://pbs.twimg.com/media/EuXISkfWQAAi8Kh?format=jpg)
We now have the biggest stonks.
Stonks gained 10% in Amsterdam last week.
Our country is really on a stonks high right now. :doge
Prior to COVID the Amsterdam Stock Exchange peaked at 600 points. We're now cruising towards 700 points.
The expectation is we could hit 1000 points within 2 or 3 years. :money
-
https://twitter.com/marenaltman/status/1363633951319941122
:success
-
damn, binance coin mooned hard. transferred the few i had i'd written off as dust years ago into a couple thou in busd.
i haven't touched my binance account in years :doge i actually got quite nervous when i first saw this as i know i had hundreds of bnb at one point and wasn't sure how many i had left. still happy with the little win but could've been one extremely happy accident if i'd left a larger chunk of them in there.
-
Sort of scared about what my James Fund activities will mean for taxes this year
:doge
-
now just to figure out how to cash these things out :brain
have to open an account on a janky local exchange, transfer to that wallet then wait for my fractional amount of btc i convert it into to sell as it either goes up or down. WHO KNOWS. what a waste of time. crypto is so fucking dumb
then i guess i gotta do taxes smgdh
-
what stonks to buy monday open ???
my long term hold/slow burner atm is INTC.
-
THCX
-
Tesla drops as much as 13%, turns negative for the year
https://www.cnbc.com/2021/02/23/tesla-drops-another-6percent-in-premarket-bringing-two-day-losses-to-14percent.html
:pika
(still about 72% over valued)
-
The ONTX dip buy single-handedly covering all these terrible ETF and AMD red numbers for me. :aah
-
My Hugo Boss and banks stock are doing pretty good :money
-
Today I bough a $55 GME options contract (expiring Friday) for $540--sold at a $70 loss at 3:11.
It's currently worth $3,984.
:brain
edit: GME is up big after hours--add another $3k to the contract.
:steel
-
Today I bough a $55 GME options contract (expiring Friday) for $540--sold at a $70 loss at 3:11.
It's currently worth $3,984.
:brain
edit: GME is up big after hours--add another $3k to the contract.
:steel
Paper hands strikes again
F in chat for Flannel Boy
-
is the sqeeze gonna squoze???
-
RIP flannel :'(
-
$145 after hours.
(https://i.imgur.com/kVYEmOU.jpg)
-
The autisty's are doing this shit again after the hedgefunds tried to short gamestop :lol
-
Today I bough a $55 GME options contract (expiring Friday) for $540--sold at a $70 loss at 3:11.
It's currently worth $3,984.
:brain
edit: GME is up big after hours--add another $3k to the contract.
:steel
This guy bought in at 2:45pm
(https://i.imgur.com/L5dLeXI.jpeg)
-
Missing out a second time :fbm
-
Missing out a second time :fbm
Theres still time to jump in!
TO THE MOON BOYS
-
I "wrote off" the $100 I put into gamestop. So my fractional share just went $0->$52 for a ∞% gain. :brain
-
just downloaded TRADER WORKSTATION from Interactive Brokers™ and yeah, damn. this is like a java swt app from the late 90s. this client is THICC. i wonder how many boomers creaming it on the stonks still use this shit :doge
seems like a good exchange for foreigners (read: non-americans) though. got access to jp, hk, euro and 'murcan markets including options trading and it has p low fees.
-
the bid/ask spreads on gme are insane, are you actually buying this garbage james?
-
https://mobile.twitter.com/RumorFlies/status/1364765626422747141
-
(https://i.imgur.com/poYA9Ko.png)
-
Investing in random stocks: :huh
Investing in GME, AMC, etc.: :picard :betty
Investing in crypto: :girlaff :expert :morans
Investing in Pepe Cash: :what :money :mouf :itagaki
https://mobile.twitter.com/feelsgoodmandoc/status/1366236525965443074
That’s over 300k for a jpeg. :success
-
:-\
-
what
-
https://www.axios.com/john-mcafee-indicted-cryptocurrency-cebc4b72-376d-4ea4-8c5d-3122067b004d.html
Fuck the feds :sheik
-
If youre still holding GME, were back at $160
-
Once we're back to ~$270 I am even, and its all tendies from there on out 8)
-
Reddit guy doubled down and is feasting again
(https://i.redd.it/9jfy2u8bdvl61.png)
Should I sell or hold the 1 I kept?
-
Reddit guy doubled down and is feasting again
(https://i.redd.it/9jfy2u8bdvl61.png)
Should I sell or hold the 1 I kept?
fucking lmao
diamond hands baby
-
I’ve had a sell order on mine for if GME were to ever actually go to the moon. If not, eh I’m fine having it remain in my portfolio. These hands aren’t paper.
-
$242
-
I check my phone earlier and $GME was at $340 and I was up like $20 on my 0.37 shares
....
I looked now... $198
:pika
FUCK
FUCK
FUCK
FUCK
FUCK
FUCK]
No point selling now, guess I'm HODLing for another few weeks.
-
James fund taking a beating today
Jk these GME swings are fun to watch
-
do u guys even know how many $3 onlyfans i could sub to with that $20
FUCK
FUCK
-
I set a sell order if it goes below $250. I only have 1 left (bought at 80) so not worth checking up on during the day. What happens, happens.
-
https://twitter.com/TikTokInvestors/status/1370436214994636800 (https://twitter.com/TikTokInvestors/status/1370436214994636800)
sounds like a good investment :trumps
-
Bitcoin at 60k
-
Bitcoin at 60k
Bill Gates says cryptocurrency is one innovation the world could do without (https://www.marketwatch.com/story/bill-gates-says-cryptocurrency-is-one-innovation-the-world-could-do-without-11613662510)
-
https://twitter.com/anyatrades/status/1371154196695748610 (https://twitter.com/anyatrades/status/1371154196695748610)
Important stonk advice
-
>:(
-
Solid picks 8)
-
Guys, buy JPEGs!!
https://twitter.com/thetradingchick/status/1371188663288225798
-
Jesus christ you people are easy marks.
-
Remember buy the dip
https://twitter.com/marenaltman/status/1371586057196691458 (https://twitter.com/marenaltman/status/1371586057196691458)
-
misinterprets buying the dip and invests in kikkoman
-
Inside her trading thots are the future :jeb
-
My final GME stock executed at $249.98
End of an era
:salute
-
Onconova Therapeutics is bringing home the bacon. nature is truly healing, and so are their cancer patients if rumors are to believe :preach
-
Bore Financial Advise - w/c 29th March
When in doubt, trade like Bill Hwang (https://www.aljazeera.com/economy/2021/3/29/bb-tiger-cubs-stumble-leaves-banks-with-giant-trading-losses).
-
https://twitter.com/fortnitegame/status/1377607605250588673
:foxx
-
https://twitter.com/redditinvestors/status/1379827757547462661 (https://twitter.com/redditinvestors/status/1379827757547462661)
Inflation is at 1% :trumps
-
(https://pbs.twimg.com/media/EydjWcuW8AY01Oe?format=jpg)
:neo
This is perfectly normal
-
big wood :shaq
-
:nothing Inflation is at 1.3% :nothing
-
https://twitter.com/unusual_whales/status/1381737462003810307
:maduro
-
Pelosi news pumping RBLX right after I sold :rage
-
Thats why I always text Nancy before making any moves for the James fund portfolio
-
https://www.thestreet.com/investing/gamestop-gme-stock-roaring-kitty-ceo-resignation
Keith Gill, who goes by monikers “Roaring Kitty” and “DeepF___gValue,” posted a screenshot of his portfolio showing that he has exercised 500 GameStop call options expiring Friday at a strike price of $12, giving him 50,000 more shares.
GameStop shares ended the trading day Friday at $154.69. In premarket trading on Monday, the stock was up 6.02% at $164.
Gill also bought another 50,000 shares of the videogame retailer, doubling his holdings to 200,000 shares from 100,000 at the beginning of the month, according to reports. His total investment in GameStop is now worth more than $30 million.
:dead
I'm not sure if he is a genius or a degen gambler at this point
But I hope its the former and that my $100 is about to become $1000
-
https://twitter.com/CGasparino/status/1384223222439170050 (https://twitter.com/CGasparino/status/1384223222439170050)
Party's over folks
-
If I was president, id ban all crypto except Doge and Garlic coins
-
if I was president I would ban them putting jellyfish genes in the pfizer :info
-
if I was president I would unban etiolate :tocry
-
if I was president I would unban etiolate :tocry
Then it’s a good thing you’re not.
-
Doge Coin about to hit 40 cents again, once it breaks that ceiling and moves to 50 cents the goal is to reach $1 by Elon's SNL appearance on May 8th.
Doge Coin $1 -> $10 -> $100, don't miss this rocket bois :doge
*this is not financial advice
-
Doge Coin has hit 50 cents :doge
http://www.youtube.com/watch?v=3eq-qUy-a-A
We're going to the moon bois, get ready for $1 8)
*this is not financial advice
-
Doge Coin has hit 50 cents :doge
http://www.youtube.com/watch?v=3eq-qUy-a-A
We're going to the moon bois, get ready for $1 8)
*this is not financial advice
Bill Maher on suicide watch
https://www.youtube.com/watch?v=HaJpYjO136o
-
That's when I knew I had to buy more.
The flak is heaviest when you're right above your target.
-
Anyone jump on CUMMIES?
-
NINTEX YOU FUCKER I ASKED YOU TO BUY ME SOME DOGE
-
DM me to join the Nintex fund :success
I only ask a 3% fee, the rest is yours.
-
https://twitter.com/carlosmarcialt/status/1389592271264288771
:drool
-
How the fuck do I buy doge
-
when was the last time you read a news story that said something like
"50,000 americans read public internet postings, hit jackpot, earn a combined total of $20,000,000 overnight"
-
https://www.cnbc.com/2021/05/04/treasury-secretary-yellen-says-rates-may-have-to-rise-somewhat-to-keep-economy-from-overheating.html
Treasury Secretary Janet Yellen conceded that interest rates may have to rise to keep a lid on the burgeoning economic growth brought on in part by trillions in stimulus spending.
:maduro
-
How the fuck do I buy doge
Binance has it on their market place. Just use your drivers license as an ID, verify your address with a utility bill and you too can invest in the memeconomy.
https://www.cnbc.com/2021/05/04/treasury-secretary-yellen-says-rates-may-have-to-rise-somewhat-to-keep-economy-from-overheating.html
Treasury Secretary Janet Yellen conceded that interest rates may have to rise to keep a lid on the burgeoning economic growth brought on in part by trillions in stimulus spending.
:maduro
https://twitter.com/Investingcom/status/1389690845432004608 (https://twitter.com/Investingcom/status/1389690845432004608)
https://twitter.com/Investingcom/status/1389672565954818056 (https://twitter.com/Investingcom/status/1389672565954818056)
Someone keep these dinosaurs busy with their apple sauce and bingo before they ruin the economy.
-
Doge at 0.65 :doge
-
(https://pbs.twimg.com/media/E0oJdIHWQAIncj3?format=jpg)
It's difficult to buy but Cumrocket already hit 20 cents :doge
-
:shaq
-
What are the stonk thots suggesting these days? Asking for a friend.
-
What are the stonk thots suggesting these days? Asking for a friend.
https://twitter.com/marenaltman/status/1389637698428620801 (https://twitter.com/marenaltman/status/1389637698428620801)
https://twitter.com/BriannaMartyn/status/1389663229001883648 (https://twitter.com/BriannaMartyn/status/1389663229001883648)
They're bullish on the alt coins
-
brianna is one villainous looking bish :doge
-
Time to invest all my life savings to please the stonk mommies :rejoice
brianna is one villainous looking bish :doge
:phil
-
I'm long on melons and peaches
-
looks like she could be :taylor 's evil, big tiddied sister
-
I'm just gonna keep riding this ETH train. It doesn't seem to be stopping anytime soon and I don't have the time to keep researching different stocks and alt-coins.
-
ETH is up like 10% today
This is what the goldrush must've been like.
I put 2k in various crypto over the weekend and I'm looking at a double or triple return in a week :doge
My stonks are up only 2% this year
-
i been putting all my extra money and time into investing in housing. just got a registered valuation on a place so i can enter into an auction. worst house on one of the best streets in the city. definitely have a good shot, but the bank im with just got back to me they don't like the security, now i have to try convince them it is actually a goldmine and i've already paid $1100 to get a valuer to go through the place. bank didn't even look at the report, just photos. one of the rooms is all pink and had a stripper pole and projector setup in it (p sure they camming or just str8 whoring), kitchen had cat food and shit all over the floor. real turn off to most people looking, but builder i had do a report confirmed it's all just aesthetic. could fix it all in a few weeks cashing in my leave at work but the bank peons are so damn stubborn :'(
-
should've just been hanging out in something worthless and postmodern like crypto :doge
saw a huge billboard for a retirement savings growth scheme on the way to work advertising their growth scheme is now investing in crypto :lol we're so fucked
-
one of the rooms is all pink and had a stripper pole and projector setup in it (p sure they camming or just str8 whoring), kitchen had cat food and shit all over the floor. real turn off to most people looking,
:doge
-
:lol yeah, i cant believe how poorly presented the open home was, one of the worst ive ever seen. truly great for people like me lookin' for a deal and happy to do some cleaning up though. would want to repaint the place anyway, so i don't give a shit what colour it is. house was covered in some abhorrent carpet too, but i ripped up a little in a corner and it is beautiful native timber underneath. classic 1927 place. people selling must be real goddamn cooked
-
ETH is up like 10% today
This is what the goldrush must've been like.
I put 2k in various crypto over the weekend and I'm looking at a double or triple return in a week :doge
My stonks are up only 2% this year
Sold most of my stonks these past 2 months and put that money into ETH when it was still under $2K. I'm currently up 84%. :)
-
Musk tweeted this, it's happening folks. He's gonna put DOGE on SNL.
(https://pbs.twimg.com/media/E00GWDMXsAA1BjP?format=jpg)
We're gonna push this thing to $1 :doge
It's already at 70 cents :drudge
-
Still can't buy :(
-
Lol take a couple months away from message boards and come back to find James still hasn’t figured out how to buy dogecoin.
-
Binance won't accept my password and when I ask for a password reset email nothing comes
Coinbase doesn't sell doge and charges outrageous fees for bitcoin
-
Elon Musk has asperges
Doge did not go to the moon
:trumps
On a more positive note it does show that TV is dead as a doornail. This thing was hyped to hell and back by the media.
"Elon Musk to appear on SNL!" yet again, popular internet things do not translate well to traditional media.
(https://pbs.twimg.com/media/E07Kyv7XoAA5XI8?format=jpg)
First the oscars, now this.
-
Binance won't accept my password and when I ask for a password reset email nothing comes
Coinbase doesn't sell doge and charges outrageous fees for bitcoin
:doge :doge :doge :doge :doge :doge :doge
lol, this is a common issue/question with binance. you have to click send reset email, then solve the puzzle thing then click a not super obvious button to "send reset code" only at that point will you get an email and you enter the code within 60s or it times out. email will be sent instantly.
-
https://twitter.com/elonmusk/status/1392602041025843203 (https://twitter.com/elonmusk/status/1392602041025843203)
:doge
-
Bitcoin down 8% instantly, suck it fuckos
-
top comment "hurr durr 75% of miners actually use renewable energy" :doge
i dislike the unregulated neolib wet dream of crypto as a concept generally, but i hate it's lying scumbag evangelists. the dumbest of the dumb fucks
-
Fuck crypto.
-
disclaimer: i speculate a little on crypto because i like the money but i still think it's a trashfire pos and i wish the worlds economy generally was stable and not the speculative shithole it is for rich people to play in
-
SNL replaced elon musk with a normie clone :kermit
-
he got a taste of the lamestream and went full shill :biden
-
https://twitter.com/elonmusk/status/1392974251011895300 (https://twitter.com/elonmusk/status/1392974251011895300)
https://twitter.com/CNBC/status/1392949997428215812 (https://twitter.com/CNBC/status/1392949997428215812)
Doge Coin up 25% :doge
-
Fuck crypto.
http://twitter.com/theonion/status/1392614948619046912
-
https://twitter.com/elonmusk/status/1393979913624072194 (https://twitter.com/elonmusk/status/1393979913624072194)
:success
-
Bitcoin is over folks
-
Bitcoin’s plunge intensifies, tanks 30% to $30,000 in single day amid broad cryptocurrency sell-off
:gddr5 :drudge :gddr5 :borys :drudge :gddr5
-
Everything's plunging, the economy is literally DEAD.
The Dow Jones is moving faster to 30k, than 35k.
In other words B I ( D E N ) T H E D I P :mynicca
-
Treasury calls for reporting large crypto transfers To IRS
(https://imgur.com/CHZ3cFP.jpg)
(BTC)
RIP
-
:chinacry
-
(https://cryptopys.com/wp-content/uploads/2021/01/son-dakika-abd-hazine-bakani-adayi-janet-yellen-bitcoin-ve-kripto-paralar-konusunda-endiseliyim.jpg)
:ussrcry
-
If youre smart and want steady returns, sell your bitcoin and put it on the ponies
-
(https://pbs.twimg.com/media/E1wsSZCXIAQDodh?format=jpg)
If youre smart and want steady returns, sell your bitcoin and put it on the ponies
Crypto regulated, hot tub streaming banned. There's just no way for the average Joe to get ahead in Biden's economy.
-
UNLIMITED MARKET CAP
-
https://mobile.twitter.com/hpmacd/status/1395409123685109768
(https://www.hexbear.net/pictrs/image/Zhr6rTIDMo.jpg)
-
(https://pbs.twimg.com/media/E2Bjj--WUAw4i5d?format=jpg)
Now used car prices are going to the moon
-
https://twitter.com/litcapital/status/1396573880685404161 (https://twitter.com/litcapital/status/1396573880685404161)
Anyhow Diamond Hands, HOLD, :doge To the Moon
-
I told you guys to steer clear of these things
-
People are buying the dips, I'm only down like 20% on my random portfolio and 5% on the DOGE portfolio.
Next stop: THE MOON
-
The James Fund is down 0% :miyamoto
-
the only security I own that isn't in the red rn is Nokia (up 24%)
put all my bnb winnings into tether a few weeks back. the whole stablecoin thing is backed by a pile of shit, but hey they're continuing to be fungible.... when do I buy back in?
-
How Eth up 35% you guys should have bought in this morning
-
I'm about 20% up right now :lol
Crypto man :doge
-
$GME
-
Just sold my 0.6 $AMC that I held since Jan for a profit of $3
:money
-
Just found out about this new coin that’s going to go straight to the moon. Get in now everyone!
https://mobile.twitter.com/joe_exotic/status/1397645590796947459
-
Just sold my 0.6 $AMC that I held since Jan for a profit of $3
:money
oops
-
Just sold my 0.6 $AMC that I held since Jan for a profit of $3
:money
oops
looks like he just missed out on the easiest two dollars of his life! :lol
-
Just sold my 0.6 $AMC that I held since Jan for a profit of $3
:money
oops
:whoo
:dead :dead :dead :dead :dead :dead :dead :dead :dead :dead :dead :dead :dead :dead :dead :dead
-
I should probably check on my BB
-
Just sold my 0.6 $AMC that I held since Jan for a profit of $3
:money
oops
looks like he just missed out on the easiest two dollars of his life! :lol
it's at least a chalupa box, now
spoiler (click to show/hide)
I'm just mad I forgot I had a limit sell on it, too
-
I should probably check on my BB
Nothing yet :goty
hoping for a nice jump next week
-
https://twitter.com/LayahHeilpern/status/1397149741931286529 (https://twitter.com/LayahHeilpern/status/1397149741931286529)
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https://twitter.com/CNBC/status/1399841272253276162 (https://twitter.com/CNBC/status/1399841272253276162)
:doge
-
so mad I forgot about the sell limit order :rage:
makin money on doges tho
-
Set my AMC to sell at $70
Bought at $15.97 so would be a tidy profit
-
Just sold my 0.6 $AMC that I held since Jan for a profit of $3
:money
oops
:whoo
:dead :dead :dead :dead :dead :dead :dead :dead :dead :dead :dead :dead :dead :dead :dead :dead
:dead :dead :dead :dead
:dead
:dead
:dead
:dead :dead :dead
:dead
:dead
:dead
:dead
:dead
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(https://imgur.com/Wzv9VrT.jpg)
Stockjock on Twitch is pretty rad. 82k today.
-
https://twitter.com/ahcastor/status/1400071430541357061 (https://twitter.com/ahcastor/status/1400071430541357061)
-
Set my AMC to sell at $70
Bought at $15.97 so would be a tidy profit
Reached 71 after hours and now down again
:existential
-
https://twitter.com/liz_franczak/status/1400171272382812163
If I held, I could've been at that pool :stahp
-
Got out of BB with a 50% profit, though kinda miffed I missed the $20 peak b/c I was reluctant on pulling the trigger. I wonder how long this craze can go on before it all comes crashing down.
-
Set my AMC to sell at $70
Bought at $15.97 so would be a tidy profit
Should have set for $69 and Id have money
:existential :existential :existential
-
https://www.reddit.com/r/thetagang/comments/nqy5nk/im_dumb_and_feel_so_hopeless_never_sell_naked/
:dead
(https://i.imgur.com/8DJiq3w.jpg)
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(https://pbs.twimg.com/media/E3TKLWNWEAMHHuf?format=jpg)
-
can't believe i bought WISH stock. actually seems a decent squeeze play and it's at $15 ah now :o fucking hate that company though. their ads are so stupid. the financials actually seem... kinda ok though despite deep losses, their revenue and growth seem ok. idk, i just wanted to try a meme stonk play
also keep averaging up buying NOK :doge initially bought at $3.80 and my average is a lot higher now.... a long term thing that maybe has some short term gains? have a little ericsson too. 5g for me
-
Bitcoin in shambles
-
yah, i tethered the little i have the other day
-
considering going deep in Intel with Alder Lake on the Horizon and will possibly (likely imo) be the beginning of the end for AMDs outright dominance of the high end desktop, and tiger-lake still >> amd's renoir. it's also rumored they will be outsourcing their 3nm/2nm fabs to tsmc next year making them their 2nd biggest customer next to apple. wouldn't be surprised if intel catch back up to amd ina big way this year, and i think the ARM/RISC based datacentres still have a long way to go before they're really affecting x86
https://www.kitguru.net/components/cpu/joao-silva/intel-reportedly-set-to-outsource-3nm-cpu-production-to-tsmc/#:~:text=According%20to%20the%20report%20shared,foundry%2C%20second%20only%20to%20Apple.
-
I bought right back into btc when I saw the insanity that is el Salvador mandating vendors have to accept bitcoin lmao. how does that even work. just wait an hr while our transaction hashes so I can buy my groceries? wut.
-
apparently wwe stock is the next to go to the moon :money
this one makes sense with the hot ass speculation that vince is going to sell up soon (they have a hollywood big shot in running the show and looking like they're trimming up for a sale)
-
https://twitter.com/IndianaGrainCo/status/1404850499363422210 (https://twitter.com/IndianaGrainCo/status/1404850499363422210)
-
my etf's are stronk
stonks i bought myself... well... :doge
-
I found James’s Twitter account.
(https://www.hexbear.net/pictrs/image/cEgYgkeA7g.jpg)
-
doge turnin to dust
-
Just bought 200 more shares of VRYYF, as it's down a bunch, but likely to increase.
-
https://mobile.twitter.com/therecount/status/1408152859389140993
-
https://twitter.com/Investingcom/status/1408403431967035396 (https://twitter.com/Investingcom/status/1408403431967035396)
"Let's print Jack" :biden
https://twitter.com/Investingcom/status/1408264762568413184 (https://twitter.com/Investingcom/status/1408264762568413184)
:doge
-
https://www.cnbc.com/2021/06/30/robinhood-to-pay-70-million-for-misleading-customers-and-outages-the-largest-finra-penalty-ever.html
-
https://twitter.com/Schuldensuehner/status/1422956919992594440 (https://twitter.com/Schuldensuehner/status/1422956919992594440)
https://twitter.com/Schuldensuehner/status/1422588548306329601 (https://twitter.com/Schuldensuehner/status/1422588548306329601)
https://twitter.com/Schuldensuehner/status/1423031236721881088 (https://twitter.com/Schuldensuehner/status/1423031236721881088)
(https://media4.giphy.com/media/Y2ZUWLrTy63j9T6qrK/giphy.gif)
-
https://twitter.com/trader1sz/status/1439984644481499140
-
https://twitter.com/FinancialTimes/status/1439948773204049923 (https://twitter.com/FinancialTimes/status/1439948773204049923)
:juche
-
Autumn discounts incoming :money :money
-
https://twitter.com/FinancialTimes/status/1439948773204049923 (https://twitter.com/FinancialTimes/status/1439948773204049923)
:juche
(https://i.imgur.com/Cf4fGqm.png)
:nintex
-
I just noticed GameStop is still trading at ~ $200 :dead
-
(https://pbs.twimg.com/media/FAZ0k34VEAE7QtW?format=png)
-
https://twitter.com/NancyTracker/status/1443705698534268933 (https://twitter.com/NancyTracker/status/1443705698534268933)
Investment twitter takes no prisoners
:dead
-
https://www.reddit.com/r/Superstonk/comments/q9msww/dude_pumping_stocks_on_cnbc_is_asked_what_the/
One of us
-
Upstart Holdings is an AI loanshark basically. It approves loans for people who would otherwise not get them :lol
Upstart is a leading artificial intelligence (AI) lending platform designed to improve access to affordable credit while reducing the risk and costs of lending for our bank partners. By leveraging Upstart's AI platform, Upstart-powered banks can offer higher approval rates and experience lower loss rates*, while simultaneously delivering the exceptional digital-first lending experience their customers demand.
The results provided from the access to credit comparison show that the tested [Upstart] model approves 26% more borrowers than the traditional model and yields 10% lower average APRs for approved loans.
https://www.upstart.com/about (https://www.upstart.com/about)
http://www.youtube.com/watch?v=1PgUz9XcOMc
So a company that is part of a pump and dump stock scheme approves more loans on behalf of banks for people that can't actually afford those loans based on existing credit check methods.
It's like if you looked at what happened in 2008 and thought to yourself, how can we multiply this effect by 10. Once they get big enough they'll move into mortgages where the big money is and then it's game over.
-
Who was long on Pintrest its going to the moon
-
Tesla and bitcoin to the moon we really missed out guys
I remember when I thought Tesla at 200 was overvalued :doge
-
Tesla and bitcoin to the moon we really missed out guys
I remember when I thought Tesla at 200 was overvalued :doge
Tesla has a P/E of 450... they'd be overvalued at 200 too :lol
just for comparison, BMW has 10% of teslas market cap and 250% of their sales.
scientists are baffled
-
https://twitter.com/zerohedge/status/1450921889317130248 (https://twitter.com/zerohedge/status/1450921889317130248)
Tesla is a too big to fail scam of subsidies and PR. :doge
-
I think even TSLA's high bond yields are still in the 2%ish range.
-
I was going to buy a tesla stock Friday but took a nap instead
147.30 (16.79%)past 5 days
-
Fuck it.
Its past 1am.
I placed a buy order for 1 (one) Tesla stock tomorrow.
Lets crater this bitch. Fuuuuck yoooouuuu elooooon muuuuuusk
-
https://hypebeast.com/2021/10/3400-shiba-inu-turns-into-1-55-billion-usd-wallet-crypto-news
According to the Morning Brew, an unknown individual who bought SHIB 44 times since last August, spending a total of roughly $8,000 USD worth of Wrapped Ethereum (WETH), saw the value of his coins grow by $1.6 billion today. The individual’s total holdings of 70,200,003,107,584 SHIB are now worth more than $6.04 billion USD at the time of writing, making the buyer a crypto billionaire from the August purchases alone
https://twitter.com/MorningBrew/status/1453445533754855433
The shitcoin economy is real
-
You imbeciles are so bad at this why did we not buy
-
hog coin... hoge coin :thinking
-
Fuck man, $5.7 billion is real life changing money. I could finally buy that gaming laptop. And for Christmas I could fly in style in economy plus
:existential
-
From reddit: "at Shibs lowest point last year it was $0.000000000056. If you would’ve bought just $1 worth of Shiba you’d have over a million dollars today…."
So basically, just buy $10 in every coin.
HOW
THE
FUCK
DO
I
BUY
THIS
GARBAGE
-
From reddit: "at Shibs lowest point last year it was $0.000000000056. If you would’ve bought just $1 worth of Shiba you’d have over a million dollars today…."
So basically, just buy $10 in every coin.
HOW
THE
FUCK
DO
I
BUY
THIS
GARBAGE
There are like a trillion of these coins bruh
https://www.statista.com/statistics/863917/number-crypto-coins-tokens/
https://coinmarketcap.com/all/views/all/
-
From reddit: "at Shibs lowest point last year it was $0.000000000056. If you would’ve bought just $1 worth of Shiba you’d have over a million dollars today…."
So basically, just buy $10 in every coin.
HOW
THE
FUCK
DO
I
BUY
THIS
GARBAGE
There are like a trillion of these coins bruh
https://www.statista.com/statistics/863917/number-crypto-coins-tokens/
https://coinmarketcap.com/all/views/all/
The fuck whats the point
WHATS THE POINT
-
From reddit: "at Shibs lowest point last year it was $0.000000000056. If you would’ve bought just $1 worth of Shiba you’d have over a million dollars today…."
So basically, just buy $10 in every coin.
HOW
THE
FUCK
DO
I
BUY
THIS
GARBAGE
There are like a trillion of these coins bruh
https://www.statista.com/statistics/863917/number-crypto-coins-tokens/
https://coinmarketcap.com/all/views/all/
The fuck whats the point
WHATS THE POINT
Unfettered, unregulated markets provide the most efficient financial instruments homie. Shitcoins compete in the marketplace of ideas.
-
shiba coin coming soon :doge
-
I’m waiting for Shonda coin myself
-
Can we do a bore coin
Im serious
What do we have to lose
-
:bow :bow :bow(https://i.imgur.com/2wiH06q.png) :bow2 :bow2 :bow2
-
The fuck whats the point
WHATS THE POINT
Fleecing idiots who think they are missing out on something.
-
Apparently someone created a Squid Games crypto and it went down 99.99995% in 5 minutes after the owner decided to take the money and run lol
https://twitter.com/imBagsy/status/1455143081033048068
-
Apparently someone created a Squid Games crypto and it went down 99.99995% in 5 minutes after the owner decided to take the money and run lol
https://twitter.com/imBagsy/status/1455143081033048068
It was only obvious because investors could purchase the crypto but couldn’t sell it.
But the biggest red flag was that no one who purchased the coin was able to sell. That didn’t stop mainstream news outlets like the BBC, Yahoo News, Business Insider, Fortune, and CNBC from running headlines about how the new Squid Game cryptocurrency had soared by 83,000% over just a few days.
:snoop
How are people this stupid?
-
The stupid people are those like us who arent making out like bandits.
-
:ohhh
-
Fuck it.
Its past 1am.
I placed a buy order for 1 (one) Tesla stock tomorrow.
Lets crater this bitch. Fuuuuck yoooouuuu elooooon muuuuuusk
Well Im up $103.98 (9.74%) on my one stock in two trading days.
This Tesla stuff is pretty cool. Lets go Musk!
-
Tesla stock just made the biggest 12-day gain in the history of capital markets
https://fortune.com/2021/11/03/tsla-tesla-stock-biggest-12-day-gain-history-of-capital-markets/
JAMES FUND IS FEASTING
-
The father of a co-worker of mine invested 20k into Tesla when it was still $50 or so.
It is now ~$1200
To celebrate he has bought a Tesla.
-
The father of a co-worker of mine invested 20k into Tesla when it was still $50 or so.
It is now ~$1200
To celebrate he has bought a Tesla.
It's a perpetual growth machine!
-
(https://pbs.twimg.com/media/FDiPqPUWUAIl-kX?format=jpg)
https://twitter.com/Reuters/status/1457337036994535434 (https://twitter.com/Reuters/status/1457337036994535434)
(https://pbs.twimg.com/media/FDl7uYxVIAkFPIw?format=jpg)
-
(https://pbs.twimg.com/media/FDiPqPUWUAIl-kX?format=jpg)
https://twitter.com/Reuters/status/1457337036994535434 (https://twitter.com/Reuters/status/1457337036994535434)
(https://pbs.twimg.com/media/FDl7uYxVIAkFPIw?format=jpg)
james, i think you probably should sell your tesla share before elon sells his
-
Hooooooooold
-
The best strategy when it comes to Musk's shenanigans
He's probably trying to temporary tank the stock so he can buy more cheaper when others sell with him.
He did the same with Bitcoin. Made it look like he was selling so it went down and then he bought more.
https://twitter.com/elonmusk/status/1457497438474981384 (https://twitter.com/elonmusk/status/1457497438474981384)
:info
-
Elons profile is literally a penis
-
The best strategy when it comes to Musk's shenanigans
He's probably trying to temporary tank the stock so he can buy more cheaper when others sell with him.
He did the same with Bitcoin. Made it look like he was selling so it went down and then he bought more.
https://twitter.com/elonmusk/status/1457497438474981384 (https://twitter.com/elonmusk/status/1457497438474981384)
:info
no because he isn't fucking stupid. he's obviously going to diversify his assets
he's gonna invest it in weedstonks :copium
-
(https://cdn.discordapp.com/attachments/446457234441109505/908397881784930334/256176941_1282638732150183_5295814366385522488_n.png)
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Why is my Tesla stock losing money now this was a sure thing
-
Should’ve invested in FillerCoin instead. The ROI is incredible.
-
I bought some Beyond Meat stock time to ban cows
-
proud of you
-
(https://i.imgur.com/i2fLxzy.jpg)
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also how I sleep at night after karla eats my ass :-[
-
(https://i.imgur.com/LJZTybz.jpg)
buenas noches
-
also how I sleep at night after karla eats my ass :-[
how karla sleeps, same night:
spoiler (click to show/hide)
(https://blue.kumparan.com/image/upload/fl_progressive,fl_lossy,c_fill,q_auto:best,w_640/v1608205180/cotdxpvkpeozj35ljzas.jpg)
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https://www.reddit.com/r/trashy/comments/qv8syq/guy_licking_a_boot_vigorously_in_a_shoe_store_in/
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Staples Center to become Crypto.com Arena in reported $700 million naming rights deal
https://www.espn.com/nba/story/_/id/32650662/staples-center-become-cryptocom-arena-rich-naming-rights-deal
:dead
-
What will happen when crypto.com goes bust halfway through the deal? :heh
-
What will happen when crypto.com goes bust halfway through the deal? :heh
they'll name the arena cry.com :usacry
-
Inflation in Germany hits 5% - 6% :whoo
-
Inflation in Germany hits 5% - 6% :whoo
Wow last time this happened they elected Hitler
-
Inflation in Germany hits 5% - 6% :whoo
Wow last time this happened they elected Hitler
Hitler was actually never elected but appointed Chancellor.
In fact, the last 'real' election he participated in, his party lost seats.
But yes, inflation is the kryptonite of the Germans.
-
hhttps://twitter.com/AFP/status/1465712847783034894 (http://hhttps://twitter.com/AFP/status/1465712847783034894)
#buildbackbetter #inclusivity #diversity #climate
-
https://twitter.com/business/status/1485690917528948738
:pika
https://twitter.com/business/status/1485691117513412608
:pika
https://twitter.com/business/status/1485691202095702020
:pika
-
(https://www.windowscentral.com/sites/wpcentral.com/files/styles/large/public/field/image/2021/11/phil-spencer-xbox-20-celebration.jpg)
After the NASDAQ fire sale, I'm proud to welcome Take Two, EA, Ubisoft, SEGA, Capcom, Koei Tecmo, Bungie and Square Enix to the Microsoft family.
The biggest deal in the history of gaming apart from GamePass worth $250 billion. We will respect the contracts of our competitors for as long as they remain in business.
Xbox GamePass and PC GamePass subscribers can expect a large expansion of their library with over 2000 legacy games from all the great videogame developers that are now part of Microsoft Gaming.
Imagine playing Resident Evil at a blistering 60 frames per second with 4K resolution or Final Fantasy 8 with Auto-HDR. We're bringing back the original version of Ninja Gaiden 2 that is my personal favorite and Ubisoft will continue to develop the Assassins Creed games we all love and cherish. Finally Bungie will help 343i to make better HALO games and the Panzer Dragoon source code has been found, otherwise I told them, the deal was off.
We will pull the shameful GTA re-release from the shelves and develop a full remaster of all GTA games. What about Capcom you ask. Well, now that we own it I'm happy to reveal that Resident Evil 4 Remake is real and coming exclusively to Xbox Series consoles and PC.
If you are an Xbox fan you will never have to leave your house or work again.
No N64 rom or walking simulator can stop us now from becoming the biggest brand in gaming.
-
:pika
https://twitter.com/HedgeyeDJ/status/1487134042520698890 (https://twitter.com/HedgeyeDJ/status/1487134042520698890)
:pika
-
Folks its looking worse than Nasdaq did in 2000
If you own any tech stock better get in line at the soup kitchen
-
https://twitter.com/AP/status/1488994972724518916 (https://twitter.com/AP/status/1488994972724518916)
FB down almost 20% :rejoice
Now 23%
Looking at the numbers, this is brutal their VR business is $10 billion in the hole :doge
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(https://pbs.twimg.com/media/FKn6gRrWUAYDFp7?format=jpg)
WHERE THE HELL IS THE FLOOR :trumps
(https://pbs.twimg.com/media/FKnsxQyXIAsGrH2?format=jpg)
:rogan
-
I just want the stock market dropping and interest rates rising to crash the housing market. Or at least stop the crazy housing market and bring prices back to 2019 pre-pandemic level. I've been trying to find a fucking house for six months but everything has gone up 33%-100% in price since 2019 and priced me out.
Little tiny ass houses that were $500k in a decent area suddenly $900k fuck that. Medium size houses around me are all 1.3M-1.4M starting (and then bidding wars knock them up another 75k at closing) when they used to be like 800k-1M.
-
I used to want the same thing but the problem with that Bebpo is a repeat of 2008.
When the housing markets crashes, the interest rates go up, unemployment goes up and people can no longer afford their mortgages.
The FED (and ECB) now have two choices: recession or (hyper)inflation.
If they would allow the banks to loan you 900k and keep printing and buying assets, that would solve the immediate problem and that's probably what they're going to do moving forward (although at the risk of high inflation).
As well as price fixing for certain necessary goods that would otherwise become unaffordable until things stabilize again.
Some Dutch soy boy who owned about 11 affordable houses that otherwise could've been bought by people without homes explained it like this on TV last week.
If he had a job, 50% of what he would earn would go to the state. If he buys houses and offers them for rent he doesn't have to work and pays very little taxes.
Also, if he wouldn't have bought the houses people wouldn't have been able to rent. In his view he was 'creating' supply for rentals.
I don't think these people (and the airbnb soccer moms) realize the supply of pitchforks they have created and won't be able to run from. :idont
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Nintex, imagine 2008 but now we have onlyfans
We will feast
-
I used to want the same thing but the problem with that Bebpo is a repeat of 2008.
When the housing markets crashes, the interest rates go up, unemployment goes up and people can no longer afford their mortgages.
Yeah, I get it.
It's a debate between having empathy towards others situations and my own personal situation. A huge fucking 2008 crash of the world would benefit me personally immensely as my job is secure and almost all my equity is in cash just sitting around because I never invested in stuff before it all got way high, so everything would go down in price and my money would be worth a ton more. I'd also be able to invest in stuff at the bottom and sit on it for the next few decades to build up retirement funds. Basically another 2008 crash would set me for life where I'm at financially. In 2008 I didn't have any liquid money still in grad school, but now I do. I started coming into real income ~2017/2018 when I became a partner at my firm and got profit share instead of salary. I wish I had immediately invested that money into buying a house and buying stocks, but I was "waiting for the next recession to buy when things get cheaper" and instead the pandemic made everything skyrocket and I got left behind in savings. My money is worth way less than it was pre-pandemic.
But a huge 2008 crash & global recession hurts tons of people and ruins their lives and so it's better to just take one for the team here. Though I really really wish the housing market would course correct because I'm sick of living in my small condo and want a real honest to goodness home at this point.
anyhow, this is just me whining like I do every once and a while that I completely missed the boat on investments & housing. Still better off than a lot of people, so can't complain even if my place keeps falling apart like my garbage disposal breaking for the second time in 4 years and leaking into my kitchen last night :-\
-
Same I'm in a union burn the world down they can't fire me
-
I just want the stock market dropping and interest rates rising to crash the housing market. Or at least stop the crazy housing market and bring prices back to 2019 pre-pandemic level. I've been trying to find a fucking house for six months but everything has gone up 33%-100% in price since 2019 and priced me out.
Little tiny ass houses that were $500k in a decent area suddenly $900k fuck that. Medium size houses around me are all 1.3M-1.4M starting (and then bidding wars knock them up another 75k at closing) when they used to be like 800k-1M.
This is why there's an exodus from CA to ID. I mean, also the conservatives are bailing because (coastal) CA is incorrigibly liberal, and no-one wants to live inland, where it's hot, poor, and conservative. The ID housing market has gone up 100-125% in the past 3 years. When looking after my mother's estate, and selling her home, I missed out on its "peak" by 3 months, but it'll be going up again in June when families have summer break to move.
-
I just want the stock market dropping and interest rates rising to crash the housing market. Or at least stop the crazy housing market and bring prices back to 2019 pre-pandemic level. I've been trying to find a fucking house for six months but everything has gone up 33%-100% in price since 2019 and priced me out.
Little tiny ass houses that were $500k in a decent area suddenly $900k fuck that. Medium size houses around me are all 1.3M-1.4M starting (and then bidding wars knock them up another 75k at closing) when they used to be like 800k-1M.
This is why there's an exodus from CA to ID. I mean, also the conservatives are bailing because (coastal) CA is incorrigibly liberal, and no-one wants to live inland, where it's hot, poor, and conservative. The ID housing market has gone up 100-125% in the past 3 years. When looking after my mother's estate, and selling her home, I missed out on its "peak" by 3 months, but it'll be going up again in June when families have summer break to move.
I'd move to another state if I could. I look at the prices in Oregon or even Washington outside Seattle or Maine and it's like 1/2 the price of the same houses in So Cal surrounded by dirt instead of nice green trees. Sure we get more sun, but we're also always on fire and it's ungodly hot 75% of the year.
But I'm held hostage by American Health Insurance. I'm living on an old grandfathered plan that saves me like $100k/year in medical. If I move out of state I'd have to get a new plan and there's no way I'd get a good plan when I have huge medical expenses and pre-existing conditions.
Stuck in CA for life, and everywhere outside like Sacramento and Inland Empire is ridiculously expensive. Sucks.
-
move to santa barbara,bb 8)
-
Any chance of remote working from Yreka, Eureka, or some other 'reka?
-
I mean I could but I'd rather just hold out for prices to someday get affordable.
move to santa barbara,bb 8)
Pretty sure SB is just as expensive or more than LA/OC lol
-
I'll move in and help with the bills :leon
or maybe try buelton :larry
-
Wow those wall street movies aren't kidding, you traders sure like to use some filthy language
-
says the dirty bogan :wag
-
Hey easy with the b word, I think FUME5 might be a bogan. The good kind though.
-
https://twitter.com/EricHorngABC7/status/1489486182979354627
9/11 two electric boogaloo
-
Finally some good loss porn from reddit
https://imgur.com/YCbybIY
-
Roku shares dropped as much as 25% on Friday after the streaming company reported fourth-quarter revenue on Thursday evening that missed expectations and gave disappointing guidance for the first quarter.
The decline is on top of the 10.3% drop Roku posted Thursday before it published earnings. And if the move holds until close, it could mark Roku’s worst day of trading ever. Its biggest drop to date was on Nov. 8, 2018, when its stock fell 22.29%. Shares of Roku are about 77% off their highs on July 27, 2021.
https://www.cnbc.com/2022/02/18/roku-stock-plunges-25percent.html
-
Roku shares dropped as much as 25% on Friday after the streaming company reported fourth-quarter revenue on Thursday evening that missed expectations and gave disappointing guidance for the first quarter.
The decline is on top of the 10.3% drop Roku posted Thursday before it published earnings. And if the move holds until close, it could mark Roku’s worst day of trading ever. Its biggest drop to date was on Nov. 8, 2018, when its stock fell 22.29%. Shares of Roku are about 77% off their highs on July 27, 2021.
https://www.cnbc.com/2022/02/18/roku-stock-plunges-25percent.html
How tf do they still have a 15 bil market cap, it's like dumping your savings into $20 Walmart DVD players
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On the eve of war, stonks down, oil up. If you havent hoarded barrels of oil yet, its too late
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The discounts on stocks though :heartbeat :heartbeat
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Oil up
Time for papa joe to drill some native americans :tauntaun :tauntaun :tauntaun :tauntaun :tauntaun :tauntaun :tauntaun :tauntaun :tauntaun
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The S&P 500 is officially in a correction. Down 10% from the high.
Time to buy the dip?
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hope you didn't buy that dip, dude
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hope you didn't buy that dip, dude
I bought the facebook dip it's not going well
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:goty2
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hope you didn't buy that dip, dude
It went up 700 points after your post
:fbm
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:goty2
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:goty2
It just wont stop
Dow rallies about 700 points, heads for its best day of 2022 as Wall Street weighs latest Russia-Ukraine developments
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Be greedy when others are fearful.
-
https://twitter.com/PaulFormica5/status/1500611478483005440
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S&P 500 drops after the worst sell-off since October 2020, Nasdaq falls deeper into bear market
Time to buy the dip?
-
I dunno, I feel like we've not yet hit the bottom.
Russia will likely default by April and then all bets are off.
-
I agree we need a few airlines to collapse because they cant afford fuel
Also one of the web darlings need to implode. Doordash? Lyft? Their entire business is oil.
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I dunno, I feel like we've not yet hit the bottom.
S&P 500 rebounds from worst session since October 2020, Dow up 400 points
:pika
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https://wolfstreet.com/2022/03/08/nickel-futures-spike-ridiculously-trading-halted-in-short-squeeze-on-chinese-tycoon-facing-billions-in-losses/
(https://wolfstreet.com/wp-content/uploads/2022/03/GLobal-nickel-LME-2022-03-08.png)
Now details emerged as to who got short-squeezed: Chinese tycoon Xiang Guangda, chairman and founder of the world’s largest nickel producer, closely-held Tsingshan Holding Group, according to Bloomberg. Xiang, forced by margin calls from his company’s broker in China, closed out part of the short position in nickel futures, and this is the result:
Xiang began building the short position late last year to hedge rising output, and because he thought the rally in nickel prices – they’d surged over 60% from mid-2020 to about $20,000 by late 2021 – would fade this year. Instead, the sanctions against Russia, a big nickel producer, caused prices to skyrocket further.
Xiang is now considering whether to exit the short position altogether, Blomberg’s sources said. To exit the short position, he would have to buy back nickel futures at these crazy prices.
pwned.
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I am allergic to nickel, so it getting more expensive is a win in my book. :doge
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(https://i.imgur.com/gr5iU7O.jpeg) :rash
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https://twitter.com/phildstewart/status/1501321502469230593 (https://twitter.com/phildstewart/status/1501321502469230593)
:drudge
JAMES????!
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BREAKING: James Fund to acquire exclusive mining rights in Siberia
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Shorting should be illegal.
-
The current oligarchs are billionaires because they got everything super cheap last collapse.
Want to be a future oligarch? Get ready to buy the dip
-
FUTURE OLIGARCH was Cyberpunk 2077's worst side quest.
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Does anyone know how taxes work? The James Fund is looking to engage with a tax expert.
You should be:
- Independent and ready to take the initiative
- A team player
- Masters degree or higher in taxes
Compensation will come in the form of James Fund dividend (after investment).
Slide into my dms with your resume and cover letter!
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I got my yearly "your pension contribution is in your account and you can use it" letter. I never keep track of things.
I looked at my pension stock account and I totally forgot last year to invest it in anything and it just sat in cash all year :'(
I'm absolutely terrible at this. No shit if I was a little bit more wealthy I'd hire someone to manage my money. My investments and stuff are awful all around. I make all my money the old fashioned way from my work paychecks.
Like 3-4 years ago I invested my yearly pension amount into MS/Sony/Nintendo so I could have an actual money investment in the game industry which is a big part of my life. They've all done fine, Nintendo > MS > Sony in increases.
I think I'm just gonna put more into those three with my pension money from last year and this year. I could be smarter and invest in Tesla/Google or whatever that will make more money, but I just feel like I'd rather invest in things I know and have some faith in (faith that the game industry isn't going anywhere and Sony/Nintendo/MS aren't going to pull a Sega in the coming decades).
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I got my yearly "your pension contribution is in your account and you can use it" letter. I never keep track of things.
I looked at my pension stock account and I totally forgot last year to invest it in anything and it just sat in cash all year :'(
I'm absolutely terrible at this. No shit if I was a little bit more wealthy I'd hire someone to manage my money. My investments and stuff are awful all around. I make all my money the old fashioned way from my work paychecks.
Like 3-4 years ago I invested my yearly pension amount into MS/Sony/Nintendo so I could have an actual money investment in the game industry which is a big part of my life. They've all done fine, Nintendo > MS > Sony in increases.
I think I'm just gonna put more into those three with my pension money from last year and this year. I could be smarter and invest in Tesla/Google or whatever that will make more money, but I just feel like I'd rather invest in things I know and have some faith in (faith that the game industry isn't going anywhere and Sony/Nintendo/MS aren't going to pull a Sega in the coming decades).
JFC, I hope this is a bad April Fool's joke I'm just not getting.
-
.
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I got my yearly "your pension contribution is in your account and you can use it" letter. I never keep track of things.
I looked at my pension stock account and I totally forgot last year to invest it in anything and it just sat in cash all year :'(
I'm absolutely terrible at this. No shit if I was a little bit more wealthy I'd hire someone to manage my money. My investments and stuff are awful all around. I make all my money the old fashioned way from my work paychecks.
Like 3-4 years ago I invested my yearly pension amount into MS/Sony/Nintendo so I could have an actual money investment in the game industry which is a big part of my life. They've all done fine, Nintendo > MS > Sony in increases.
I think I'm just gonna put more into those three with my pension money from last year and this year. I could be smarter and invest in Tesla/Google or whatever that will make more money, but I just feel like I'd rather invest in things I know and have some faith in (faith that the game industry isn't going anywhere and Sony/Nintendo/MS aren't going to pull a Sega in the coming decades).
JFC, I hope this is a bad April Fool's joke I'm just not getting.
I mean I said I'm am bad at investing. That sorta explains why what I am doing is bad at investing.
But, that being said in terms of gains, my Nintendo/Sony/MS stocks for the last 4-5 years have beat the "safe" Index fund where the other half my pension is in. The gaming trio is making my pension good money, just not filthy rich Tesla/Crypto 100-1000% kind of returns money. It could be worse. I could not be making money or even losing money. My Index fund gains over the last decade have been like a 25% increase from when I started. Whereas The game trio are 35-75% gains.
A stable 35-75% gain is something I can live with. And like I said, I like putting my money where my mouth is. I believe in videogames and their lasting value and I like having a financial investment in the game industry. I skipped Crypto investing for all these years because I morally don't like it. Could be retired by now maybe if I didn't feel that way, but I do /shrug
Plus I feel there's a good chance I'll be dead before I retire or get to take any of my pension out so this is all pretty vaporware money to me.
-
.
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(https://i.imgur.com/sGN6rhS.png)
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Also maybe to put things into perspective, I'm not talking about a lot of money haha. I know most smart people have a large part of their savings in their pension, but because I've always been pessimistic about surviving to the point of touching that money I've only put the bare minimum in to have something in pension for retirement someday. Again, I'm not good at this. The last time I looked at how the stock market was doing was probably 15-20 years ago. I have enough stress in my life, I don't need to be checking the stock market daily and thinking about investments.
I put about 5% of my gross yearly salary into my pension each year. So it would take like 10-20 years of doing this just to have 1 years worth of salary for me in my pension. I currently at 40 have enough in my pension to live on for like 1-2 years maybe.
While it's terrible for investing and inflation, I've tended to keep most of my savings liquid because I'm always like "maybe I'll buy a house this year" or "maybe I'll get married with an expensive wedding next year" or "maybe I'll fall down some stairs and have a crapload of medical bills" so I like to keep a safety net liquid.
Though if I ever buy a fucking house in this bs market a lot of my savings will just end up tied up in equity in that.
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why not do the boring thing that buffett recommends and just stick your money into a fund that tracks the s&p500, and never look at it until you retire or need cash for an emergency?
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Yeah, that's the Index fund that about 50% of my pension money is in. I usually split it when I put money in, 1/2 to that and 1/2 to stuff I want to invest in.
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I'm absolutely terrible at this. No shit if I was a little bit more wealthy I'd hire someone to manage my money.
You dont need to be wealthy to invest with the James Fund! Just $100 gets you in the door and your money will be overseen by a highly experienced investing expert.
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I don't want to give life-changing financial advice, but read this article about the Magellan Fund and consider if it sits appropriately within your risk profile and trading activity:
https://www.nasdaq.com/articles/is-fidelity-magellan-fund-fmagx-a-strong-mutual-fund-pick-right-now-2020-12-15
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How do you all do stonks? :thinking
I want a share of $WBD because I'm a weirdo.
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How do you all do stonks? :thinking
I want a share of $WBD because I'm a weirdo.
Sign up for a service that lets you buy stocks with zero fees, which is most of them at this point.
The kids like Robinhood because you can do it on your phone and it looks good.
Im on Ally because the company I started with was bought by a company that was bought by Ally.
Charles Schwab is good because if you sign up for their checking account - which reimburses all ATM fees around the world - you get forced access to their stock platform.
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I'm on Schwabb because that's where my company has our pension account.
It has a pretty good clean and easy to use interface. No complaints so far.
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Thanks guys. I was gonna open a new checking account anyways so I think I'll do Schwabb.
I've heard too many bad things about Robinhood to give them a try, but I could be swayed to a similar service.
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Thanks guys. I was gonna open a new checking account anyways so I think I'll do Schwabb.
I've heard too many bad things about Robinhood to give them a try, but I could be swayed to a similar service.
You want this account:
Schwab Bank High Yield Investor Checking® account¹
https://www.schwab.com/checking
Unlimited ATM fee rebates worldwide²
When you open your High Yield Investor Checking account, you’ll be opening a brokerage account at the same time and receiving a separate account number for each. You can view both accounts online with a single login, pay no monthly fees, and easily transfer funds between accounts for free.
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Thanks guys. I was gonna open a new checking account anyways so I think I'll do Schwabb.
I've heard too many bad things about Robinhood to give them a try, but I could be swayed to a similar service.
Remember, RobinHood is the app that shut down trades for its users after the gamestop and related “short“ crowd fucked with Wall Street expectations and were about to cost rich people a bunch of fucking undeserved money. Completely within the rules up to this point, but RobinHood shut everything down on their own customers. They’re now facing a punitive lawsuit, but we saw whose boots they were licking.
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Real talk, this is the best investment right now after you're James Fund
Based on the March inflation report, which concluded the six-month rate setting period for the U.S. Series I Savings Bond, the inflation-adjusted variable rate of the I Bond will rise from the current annualized 7.12% to 9.62% as of the May 1 reset.
This is for all I Bonds, no matter when you purchased them. All I Bonds will get six months of the 9.62% interest rate, but the starting month for the new rate will depend on the month the I Bond was originally issued.
The 7.12% variable rate was already a record high for the I Bond, which was first issued in September 1998. So the new rate of 9.62% will crash through that record high. Possibly, we may never see a rate this high again. Economists have speculated that the March inflation report will set the peak and now we will begin a gradual slide lower. But … who knows?
https://tipswatch.com/2022/04/12/i-bonds-new-variable-rate-will-rise-to-9-62-with-the-may-reset/
These are treasury bonds so zero risk. You need to hold them for a year. If you sell between one year and five years you give up 3 months of interest. You are limited to 10k a year
Also can work well with your taxes but I don't know the details
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https://www.reddit.com/r/LeopardsAteMyFace/comments/u2ofiv/crypto_fans_begin_to_understand_the_value_of_a/
:lol :lol
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Thanks guys. I was gonna open a new checking account anyways so I think I'll do Schwabb.
I've heard too many bad things about Robinhood to give them a try, but I could be swayed to a similar service.
You want this account:
Schwab Bank High Yield Investor Checking® account¹
https://www.schwab.com/checking
Unlimited ATM fee rebates worldwide²
When you open your High Yield Investor Checking account, you’ll be opening a brokerage account at the same time and receiving a separate account number for each. You can view both accounts online with a single login, pay no monthly fees, and easily transfer funds between accounts for free.
Have a referral code you want me to use?
If this works out I'm going all-in on the James Fund. 8)
-
Referral code? bebps? james? :thinking
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Referral code? bebps? james? :thinking
Looks like the referral doesnt work for the account type I am recommending
https://www.schwab.com/refer-a-friend
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https://twitter.com/jkass99/status/1516491976593469440
-
https://twitter.com/yfinanceplus/status/1517575334710890497
https://twitter.com/maggcapital/status/1517219608649949186
$WBD quarterly results are Tuesday but since it only includes Q1, financials will be purely Discovery-related. That said, we'll likely get a lot of info from the investor call and Q&A.
-
$WBD financials today.
https://www.barrons.com/articles/att-spinoff-wbd-stock-price-attractive-51650042510
Good article from Barron's I missed last week.
Deutsche Bank analyst Bryan Kraft called WBD his “top pick in media” in a report this past week. He has a Buy rating and a $48 price target on the stock, upside of almost 90% from current levels.
...
If WBD can hit those targets, the stock is inexpensive today, at less than seven times enterprise value to 2023 Ebitda. That compares with 11 times 2023 EV/Ebitda for Paramount Global (PARA), 16 times for Walt Disney (DIS), and 19 times for Netflix.
:lawd
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Official PDF:
https://s27.q4cdn.com/187472364/files/doc_financials/2022/q1/Warner-Bros.-Discovery,-Inc.-Q1-2022-Earnings-Release.pdf
Some reporting:
https://www.cnbc.com/2022/04/26/warner-bros-discovery-wbd-q1-2022-earnings-.html
https://techcrunch.com/2022/04/26/warner-bros-discovery-revenue-increases-in-q1-2022-despite-decline-in-linear-subscribers/
https://variety.com/2022/tv/news/warner-bros-discovery-q1-profit-streaming-warnermedia-1235240858/
The more it falls the more I'm tempted to buy. :thinking
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Schwab accounts opened and funding in process. Hoping I can buy while it's still under $20.00, I really feel like a bandit buying in at such a low price lol.
HBO Max is #3 after Disney+ and Netflix and rising pretty quickly. For comparison, $DIS is $115 and even after "tanking" $NFLX is still hovering around $200. $WBD is under twenty bucks at the moment and trending lower.
Someone tell me what I'm not seeing here -- yes, there's a lot of debt, and yes, the CFO admitted WarnerMedia unexpectedly underperformed in Q1, I'm talking about the 1 year/5 year outlook.
Shorters' loss is my gain I suppose so I can't be too mad. :trumps
-
Counterpoint
AOLTimeWarner
-
Counterpoint
AOLTimeWarner
Not a pure-play media company. $WBD is.
AOL was also on the way out when that merger happened, where as WarnerMedia and Discovery are respectively gaining ground in most of the areas important to investors.
-
Counterpoint
AOLTimeWarner
Not a pure-play media company. $WBD is.
AOL was also on the way out when that merger happened, where as WarnerMedia and Discovery are respectively gaining ground in most of the areas important to investors.
Counterpoint: MGM
-
.
-
Counterpoint
AOLTimeWarner
Not a pure-play media company. $WBD is.
AOL was also on the way out when that merger happened, where as WarnerMedia and Discovery are respectively gaining ground in most of the areas important to investors.
Counterpoint: MGM
Counter-counterpoint: MGM
-
Schwab accounts opened and funding in process. Hoping I can buy while it's still under $20.00, I really feel like a bandit buying in at such a low price lol.
HBO Max is #3 after Disney+ and Netflix and rising pretty quickly. For comparison, $DIS is $115 and even after "tanking" $NFLX is still hovering around $200. $WBD is under twenty bucks at the moment and trending lower.
Someone tell me what I'm not seeing here -- yes, there's a lot of debt, and yes, the CFO admitted WarnerMedia unexpectedly underperformed in Q1, I'm talking about the 1 year/5 year outlook.
Shorters' loss is my gain I suppose so I can't be too mad. :trumps
ok but you can't see if a stock is expensive by looking at the sp, you need to look at the market cap, netflix is valued at 90 billion and warner at 45 billion.
Now, netflix makes 13 dollars profit per share, wbo makes 0.2 dollars per share and netflix has 3x the subscribers hbo does, so the difference in price is probably justified even if the latest financial reports indicate that hbo has better growth. But if you look at the last three years of revenue wbd is basically flat where netflix has doubled theirs.
i think both stocks are expensive, but not as expensive as disney :yeshrug
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You make good points :obama
-
What sort of event could cause the stock price to actually go up?
The service is launched it will continue to grow and they will continue to add content but I don't really see a 'buy the rumor - sell the news' opportunity here.
In the short term there is just too many subscription services so they will have to spend and spend on content to beat out the competition and stay in the race.
I think the market will consolidate into 2 or 3 of these services.
I think it's an ok investment for the longer term but I don't see rapid growth anytime soon. A lot of those new users are from the recent European launch I suppose(?).
The real winner will be the platform that reaches that Steam godlike status of having to produce little content by themselves but has others making use of their service to publish content.
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(https://i.redd.it/36sf0pz0x3w81.jpg)
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james should I buy tesla because it's down
-
james should I buy tesla because it's down
Tesla has been overpriced for like 5 years. YOLO
-
What sort of event could cause the stock price to actually go up?
Literally anything at this point?
"HBO Max combines with Discovery+ today"
"HBO Max adds 20 million subscribers in Q2"
"New HBO series Snickle Snackle edges out Euphoria's premiere numbers"
"The Batman 2 announced as HBO Max Original"
Any of these headlines could at least double $WBD at this point. I'm not saying they're likely, but they are realistic possibilities in the next year.
The service is launched it will continue to grow and they will continue to add content but I don't really see a 'buy the rumor - sell the news' opportunity here.
Investors are dumb and follow headlines. The stock will shoot up on good news, and if there's momentum it'll keep going. $18 for $WBD is undervalued and I still haven't been convinced otherwise, when $NFLX (with no diversified revenue streams and larger content expenditures) is still $200.
This all said, my first two shares of $WBD are sentimental. I only intend to make a profit on future potential purchases.
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Amazon shares sink 14%, on pace for worst day in 17 years
:neogaf :neogaf :sabu :sabu :rejoice
-
Mostly cause the automaker they coinvested in with Ford has been having a... rough time on the stock market since its IPO.
They would have made $3.3 bil otherwise but that's less than the $4 bil projected last quarter.
So basically they're still fucked :rejoice
-
Dow tumbles 1,000 points, Nasdaq drops more than 4% as Wall Street sell-off intensifies
:pika
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Don't want to open my trading account rn :-\
spoiler (click to show/hide)
lmao who cares index funds
-
I'm down 8% this year and all my bank is doing is sending me those inclusivity and diversity bullshit ads plus increasing their rates.
Record inflation, insane energy prices and stonks are tanking.
When you go woke, you go broke.
-
Need to send a fax to JPow and tell him to start printing again
-
Stocks pulled back sharply on Thursday, completely erasing a rally from the prior session in a stunning reversal that delivered investors one of the worst days since 2020.
The Dow Jones Industrial Average lost 1,063 points, or 3.12%, to close at 32,997.97. The tech-heavy Nasdaq Composite fell 4.99% to finish at 12,317.69, its lowest closing level since November 2020. Both of those losses were the worst single-day drops since 2020.
:pika
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You're already handing out free crackpipes Joe, why not hire Kudlow to sort out wall street again.
This Brian Deese(?) guy is fucking useless.
(https://s.wsj.net/public/resources/images/BN-GV742_Deese_G_20150206142127.jpg)
All these Obama people are running the economy into the ground again with their facts and figures.
-
Time to buy more cheap $WBD :trumps :heyman :jeb :science (https://i.imgur.com/3DTiBGq.png)
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Dow loses 500 points, S&P 500 tumbles to new low for 2022 as sell-off intensifies
Get ready to buy the dip folks, the bottom is coming, soon, maybe
-
NFTs and Bitcoin will be ok right?
Deregulation! Distributed ledgers!
-
NFTs and Bitcoin will be ok right?
Deregulation! Distributed ledgers!
Market Summary > Bitcoin
31,723.20USD
-35,214.80 (52.61%)
past 6 months
:pika
-
Bitcoin is going down hard.
-
Ebay is gonna be flooded with GPUs by the end of this month
-
(https://i.imgflip.com/6fil6r.jpg)
https://twitter.com/marenaltman/status/1523746206752833537 (https://twitter.com/marenaltman/status/1523746206752833537)
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Uber approaching all times lows
23.05 USD -22.74 (-49.66%)
past year
:rejoice :rejoice :rejoice
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Uber approaching all times lows
23.05 USD -22.74 (-49.66%)
past year
:rejoice :rejoice :rejoice
I’m in an Uber rn. Literally shaking :shaking
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Uber approaching all times lows
23.05 USD -22.74 (-49.66%)
past year
:rejoice :rejoice :rejoice
You should look at 'tech' stocks like Netflix and Shopify, stocks like that are down 75% YTD.
Ford sold their Rivian stock and Rivian is now down 77% YTD.
Safest best right now is the old money: IBM, Coca Cola, Shell etc. are doing fine.
-
https://twitter.com/greg_shill/status/1523812762249478151
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Bitcoin is going down hard.
But on whom? :phil
-
Uber approaching all times lows
23.05 USD -22.74 (-49.66%)
past year
:rejoice :rejoice :rejoice
"Let's just literally ship money from investors to riders in the form of cab subsidies and pray/hope we have enough in the bank until Skynet obviates human drivers and all their pesky 'living wage' demands"
...probably wasn't the best long-term business plan (especially when their aggressive Waymo poaching backfired hard), but fuck it, I saw Uber for what it was and saved a fuckton of cash taking advantage when I lived in a major metropolitan area.
Reminds me of a Doctom Bubble story about a Doordash dotcom 20 years before Doordash existed, thriving for a brief 3-6 month period before it all went tits up due to the lack of a sustainable revenue story.
This has all happened before, this will all happen again.
-
https://mobile.twitter.com/Cokedupoptions/status/1523818626435932161
-
A.I. lender Upstart shares plummet more than 50% after company cuts full-year revenue forecast
https://www.cnbc.com/2022/05/10/upstart-shares-plummet-after-company-cuts-full-year-revenue-forecast.html
:pika
-
Upstart aged well.Advice self.stocks
submitted 15 hours ago * by RenovatorX
Smashed earnings just as I expected from my last post. My birthday wish came true.
Tomorrow we’ll see some green. Hold my people for we will rise to victory!
Although I say that, I only invested like $3000 at 79$ average, i probably won’t make much. But you guys will, may the gains be with you.
https://www.reddit.com/r/stocks/comments/um4npk/upstart_aged_well/
31.50-45.62 (-59.15%)
:dead :dead :dead :dead :dead :dead :dead :dead :dead
-
Can we get an f in chat for pelaton
13.05 USD -77.97 (-85.67%)past year
-
Shares of Coinbase plunged about 16% on Wednesday morning after the company reported shrinking revenue and declining users.
Coinbase said Tuesday that revenue fell 27% year-over-year to $1.17 billion, which was below Wall Street’s projected $1.48 billion. It also said it lost $430 million in the first quarter.
Usage on Coinbase declined from the fourth quarter. Retail monthly transaction users slid to 9.2 million, down from 11.4 million in the fourth quarter. Total trading volume declined from $547 billion in the fourth quarter to $309 billion.
https://www.cnbc.com/2022/05/11/coinbase-shares-dive-25percent-after-revenue-miss.html
:pika
Market Summary
> Coinbase Global Inc
57.83 USD -245.17 (-80.91%)
past year
:pika
-
https://www.coinbase.com/price/cumrocket
PRICE CHANGE (7D)
-30.55%
cummies no :pika
-
https://twitter.com/Fxhedgers/status/1524209254684454915 (https://twitter.com/Fxhedgers/status/1524209254684454915)
Good to know
-
:rofl The schadenfreude is off the charts.
-
From what I've gathered retail and Wall Street bets have been completely wiped out by the big funds and institutions.
Guess Boring Ape NFT was the 'don't get high on your own supply' moment for the bigger crypto bois too.
Biden is sending all dem crypto kids back to the trenches and McDonalds, effectively killing 'grass roots' fundraising in the process too :biden
-
From what I've gathered retail and Wall Street bets have been completely wiped out by the big funds and institutions.
Guess Boring Ape NFT was the 'don't get high on your own supply' moment for the bigger crypto bois too.
Biden is sending all dem crypto kids back to the trenches and McDonalds, effectively killing 'grass roots' fundraising in the process too :biden
$ 28,597.0
-7.79%
Wheres the bottom?
-
From what I've gathered retail and Wall Street bets have been completely wiped out by the big funds and institutions.
Guess Boring Ape NFT was the 'don't get high on your own supply' moment for the bigger crypto bois too.
Biden is sending all dem crypto kids back to the trenches and McDonalds, effectively killing 'grass roots' fundraising in the process too :biden
$ 28,597.0
-7.79%
Wheres the bottom?
Bitcoin will return to its intrinsic value
0
-
Bitcoin down another 10% hovering around 26k
-
$LUNA
Lmfao down 99.6%
-
noooooo, my 150 Doge coins I planned to retire with.
:piss :doge :piss2
-
Mods blocked new posts, have fled, and the active thread is the suicide prevention one
https://www.reddit.com/r/terraluna/
-
Dow falls 400 points in sixth-straight daily decline, S&P 500 hits new 2022 low
:pika
More than $200 billion erased from entire crypto market in a day as sell-off intensifies
:pika
GameStop, AMC stocks rocket in volatile trading, reversing earlier losses
:mynicca
-
I'm investing in my Steam library and alcohol supply.
Will probably pick up a few cheap stonks when things calm down (-10% on my boring index fund is still less of a devaluation than Bidenflation) but crypto?
Just HODL and eventually hope for a rebound. I don't see it happening soon because while usually folks buy one crypto and sell another right now everyone is dumping everything.
(and thus they also lack the money to reinvest)
I've learned from this disaster that I need more boring stocks though, some Shell, Microsoft etc. .
Old money that the boomers have an interest in and is thus protected.
-
I'm investing in my Steam library and alcohol supply.
Will probably pick up a few cheap stonks when things calm down (-10% on my boring index fund is still less of a devaluation than Bidenflation) but crypto?
Just HODL and eventually hope for a rebound. I don't see it happening soon because while usually folks buy one crypto and sell another right now everyone is dumping everything.
(and thus they also lack the money to reinvest)
I've learned from this disaster that I need more boring stocks though, some Shell, Microsoft etc. .
Old money that the boomers have an interest in and is thus protected.
No one ever lost money investing in toilet paper and toothpaste
-
(https://media.discordapp.net/attachments/127409254943555584/974347678009946112/Screen_Shot_2022-05-12_at_11.24.23_AM.png)
-
Entire nations are now crumbling
https://twitter.com/_DavidFitz/status/1524424799912660992
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I've learned from this disaster that I need more boring stocks though, some Shell, Microsoft etc. .
Old money that the boomers have an interest in and is thus protected.
$WBD breh :success
-
https://twitter.com/SuburbanDrone/status/1524870565806366730 (https://twitter.com/SuburbanDrone/status/1524870565806366730)
-
https://twitter.com/SuburbanDrone/status/1524870565806366730 (https://twitter.com/SuburbanDrone/status/1524870565806366730)
i'm not a smart man and i know nothing about the economy, so someone explain this to me: if people lost 1.7 trillion bucks on crypto, didn't other people gain that much and it evens out? or does it mean there is such a significant number of people who went flat broke it will have wide-ranging effects?
-
https://twitter.com/SuburbanDrone/status/1524870565806366730 (https://twitter.com/SuburbanDrone/status/1524870565806366730)
i'm not a smart man and i know nothing about the economy, so someone explain this to me: if people lost 1.7 trillion bucks on crypto, didn't other people gain that much and it evens out? or does it mean there is such a significant number of people who went flat broke it will have wide-ranging effects?
nah, it's mostly just profits temporarily going up in flames, remember that you could buy a bitcoin for 5 dollars just 10 years ago, and everyone who has held their btc longer than one year are still in profit.
i mean some people probably took loans to buy btc at 60k and are getting marigin called but most people will just be "aw shucks maybe i should have sold last month"
-
nah, it's mostly just profits temporarily going up in flames, remember that you could buy a bitcoin for 5 dollars just 10 years ago, and everyone who has held their btc longer than one year are still in profit.
i mean some people probably took loans to buy btc at 60k and are getting marigin called but most people will just be "aw shucks maybe i should have sold last month"
bolded statement is false. Btc down ~40% on the 1 year chart, friend.
-
nah, it's mostly just profits temporarily going up in flames, remember that you could buy a bitcoin for 5 dollars just 10 years ago, and everyone who has held their btc longer than one year are still in profit.
i mean some people probably took loans to buy btc at 60k and are getting marigin called but most people will just be "aw shucks maybe i should have sold last month"
bolded statement is false. Btc down ~40% on the 1 year chart, friend.
sorry anyone who's held longer than 16 months are still profitable :-*
-
doesn’t sound as good, does it :P
-
Safest best right now is the old money: IBM, Coca Cola, Shell etc. are doing fine.
Can confirm. My portfolio looking pretty great rn.
(https://abload.de/img/screenshot_20220513-11jjvj.png)
-
if people lost 1.7 trillion bucks on crypto, didn't other people gain that much
Well....... yeah, but unfortunately they all look a bit like this:
(https://styles.redditmedia.com/t5_3wpa92/styles/profileIcon_udclb3k9yid71.jpg?width=256&height=256&crop=256:256,smart&s=0c47a18cc885c9514e59f20e0c659f164781a00d)..(https://img.thedailybeast.com/image/upload/dpr_2.0/c_crop,h_1688,w_1688,x_600,y_0/c_limit,w_128/d_placeholder_euli9k,fl_lossy,q_auto/v1643623575/220129-Kirk-KJU-Exploit-Ukraine-tease_oydpjx) :putin :elon (https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcQSdr2JY4MB_jfAIFnh1_IfUAEmwnULOSGxsg&usqp=CAU)
-
doesn’t sound as good, does it :P
i guess not, but when you look at a chart with volume added, most of the action was back in 2017-2018 when bitcoin went from 2k to 10k to 5k (which is the last time the doomers were going "INTRINSIC VALUE IS 0") and those people are still in pretty good shape :elon
-
i'm not a smart man and i know nothing about the economy, so someone explain this to me: if people lost 1.7 trillion bucks on crypto, didn't other people gain that much and it evens out? or does it mean there is such a significant number of people who went flat broke it will have wide-ranging effects?
Lets say its a small market. 9 of them (including Jon) paid $1.
Adam comes in and bids $1.25, and buys one from one Jon.
Jon says I want it back, and pays Adam $1.50.
Adam says I want it back and pays Jon $2.00
They continue doing this for awhile until Adam is willing to pay $100.
So now Bitcoin is valued at $100, and the market value is $100x10 = $1,000 when it was previously $1x10 = $10
But when Adam tries to sell, no one takes it. He keeps reducing the price until its back to $1 and Jon is willing to buy.
Market collapsed from $1,000 back to $10.
But those other 9 people didnt gain or lose anything. The only money lost was Adam ($100) and the only gained was Jon.
Housing was very different because A: most people have a house, and B, the real issue was the subprime mortgage scandal/crisis in which the people left holding the bags were giant banks and not individual dumbasses.
-
Yep, a lot of it wasn't real value.
But of course there's the people that sold their house and put all their savings in some shitty coin.
-
Get out before it’s too late folks.
https://mobile.twitter.com/WatcherGuru/status/1525112913656172545
-
:pika
Heads the house wins, tails you lose
-
I'll be honest, I never really had any issues with crypto.com - I use their crypto credit card regularly and it's pretty great
-
They printed 7 trillion luna yesterday
The same idiots crying about the fed money printer sat down and printed 7 trillion luna in one day
I’m down 15k….. however I’m only 21 and it took me like 2 years to save up that money. Knew a guy who made 100k from $800 on safemoon and that got me into the crypto world. Discovered a few projects learnt a lot and decided that staking luna to earn some passive income and “play it safe” was the best option. It was either solana or luna, I chose luna. boom now I’ve lost my whole investment. It’s worth less than a cent now. 2 years of my life wasted. Don’t care about the money as such but that’s 2 years I’ll never get back. Not even here for sympathy but I’m most likely going to end my life. I have no family no real friends and decided to work as much as I could to develop some breathing space and find out who I really am and what I really want to do. Now I’m back to square 1….. I’m sorry for anyone who lost money here the feeling it’s sickening and I hope you can all pull thru but I’m out… I wasn’t born rich so I’ll never become rich. It becomes more and more evident everyday that this is a rich persons world. This event ruined lives and it took my life early
:fbm
-
https://twitter.com/SuburbanDrone/status/1524870565806366730 (https://twitter.com/SuburbanDrone/status/1524870565806366730)
i'm not a smart man and i know nothing about the economy, so someone explain this to me: if people lost 1.7 trillion bucks on crypto, didn't other people gain that much and it evens out? or does it mean there is such a significant number of people who went flat broke it will have wide-ranging effects?
Normally yes, but there are these things called call options...
-
People are still buying Luna?
https://www.reddit.com/r/terraluna/comments/un57df/for_everyone_panicking_here_are_some_national/?sort=new
You all have an opportunity to spend a $100 and make millions. Luna is gonna rebound
I just bought Luna for the first time ever. Either I get F-ed or it goes great. However, I haven't invested more than I can lose 😁
-
https://twitter.com/SuburbanDrone/status/1524870565806366730 (https://twitter.com/SuburbanDrone/status/1524870565806366730)
i'm not a smart man and i know nothing about the economy, so someone explain this to me: if people lost 1.7 trillion bucks on crypto, didn't other people gain that much and it evens out? or does it mean there is such a significant number of people who went flat broke it will have wide-ranging effects?
Normally yes, but there are these things called call options...
Wouldn't you have some virtual unrealised gains counted too ? But I guess it's not really lost then.
Though I'm gonna make a guess that there's less winners than losers and in essence many gets poorer while wealth gets concentrated in ways that won't flow back to the economy.
-
https://twitter.com/PlateLicker_21m/status/1479892143938408448
-
https://twitter.com/tresdessert/status/1525219140860006402
-
:nsfw :nsfw :nsfw
spoiler (click to show/hide)
https://motherofcreation.xyz/
:kobeyuck
-
mods re-opened https://www.reddit.com/r/terraluna/ now that the shitcoin is worthless
-
https://seekingalpha.com/article/4511810-why-warner-bros-discovery-crashed
-
red is good right?
-
https://twitter.com/BNONews/status/1527017873117437952 (https://twitter.com/BNONews/status/1527017873117437952)
Summer Stock Sale 8)
-
https://twitter.com/BNONews/status/1527017873117437952 (https://twitter.com/BNONews/status/1527017873117437952)
Summer Stock Sale 8)
(https://i.imgur.com/DrdM3vS.gif)
Except with stocks
-
https://mobile.twitter.com/CryptoWhale/status/1527684396404420610
:pika
-
Ok, Stonks are down, Crypto are dead.... so I'm going for the free money option.
Max Verstappen will probably win most F1 races from here on out.
The odds are still 1:2.20 . I'll just bet on every GP race and increase my bet each race with half my earnings.
-
https://www.bloomberg.com/news/articles/2022-05-18/gabe-plotkin-s-melvin-capital-to-wind-down-funds-after-losses
WSB won
-
Verstappen won and so did Nintex :success
-
:drudge :drudge
Snap falls 40% on pace for worst day ever, dragging other stocks with it
Snap’s shares are down about 83% from a 52-week high in September 2021 and are off 70% year to date.
https://www.cnbc.com/2022/05/24/snaps-down-32percent-and-its-dragging-other-stocks-down-with-it.html
...didnt this happen before, or did I precog it again?
-
My friend's pretty high up there and my heart goes out to him (https://i.imgur.com/meJ6udE.gif)
-
My friend's pretty high up there and my heart goes out to him (https://i.imgur.com/meJ6udE.gif)
Someone bought 900k in puts last night right before the news and today made $17 million.
Let us know if your friend shows up to dinner in a new yacht
-
Time to reconnect after 3 years and go yachting :rejoice
-
https://twitter.com/Zernerlaw/status/1526422247472103424
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tesla stock is still too high imo
spoiler (click to show/hide)
wait no SEC aaaaaaaaaaahhhhhh
-
I bought another Tesla stock so I dont feel so bad about buying at the peak
-
https://twitter.com/SamNissim/status/1531810291222192130
https://twitter.com/elonmusk/status/1531867103854317568
LOL this idiot is going to have 7 employees left by the end of the year
-
definitely joining my main man Bill Gates in shorting tesla
-
If I ran a company I would only hire hot babes and force them to work in the office (and keep the AC at 79 so everyone wears skimpy outfits).
But isnt Tesla like 97% dudes? And not just any dudes, but like neckbeards that dont wear deodorant?
:kobeyuck
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I agree with Elon here. Lot's of people 'working' remote but not very effectively (especially those with little experience in remote working).
Working together becomes a Tetris challenge of remote meetings where a lot is said and planned but little is done.
The end result is a lot of 'circling back' and missed milestones and deadlines and overall less team cohesion.
In my experience more stuff gets done at the office (unless someone works remote for a specific task and doesn't want to be disturbed).
Not to mention all the casual 'breaks' of doing the laundry, picking up packages or just running random errands.
Lots of people just aren't responsible or capable enough to plan their own work or their work/private life sort of starts to blend together which is not good for anyone.
From our ResetEra friends
Dipped out of my zoom meeting early for this lol. Come onnnn Johnny
Moved my meeting 15 mins for this.
I'm skipping a meeting at the same time so I can watch it.
-
https://twitter.com/golikehellmachi/status/1532014865161678848
-
I agree with Elon here. Lot's of people 'working' remote but not very effectively (especially those with little experience in remote working).
Working together becomes a Tetris challenge of remote meetings where a lot is said and planned but little is done.
The end result is a lot of 'circling back' and missed milestones and deadlines and overall less team cohesion.
In my experience more stuff gets done at the office (unless someone works remote for a specific task and doesn't want to be disturbed).
Not to mention all the casual 'breaks' of doing the laundry, picking up packages or just running random errands.
Lots of people just aren't responsible or capable enough to plan their own work or their work/private life sort of starts to blend together which is not good for anyone.
From our ResetEra friends
Dipped out of my zoom meeting early for this lol. Come onnnn Johnny
Moved my meeting 15 mins for this.
I'm skipping a meeting at the same time so I can watch it.
My controversial statement as an employer is that in my experience most people suck in general suck at their jobs, do the bare minimum and don't give a flying shit about the work. And from my understanding of 20 years of an employee prior to that at various jobs, this is something that has always been the case (at least in the USA) and remote work just makes it easier to hide the fact of doing the bare minimum, or less than that, at all times. Not really any different from buttons on the desktop to hit to make it look like you're working when the boss rolls around.
So I don't think remote working is bad. As an employer I'm pro remote working, pro 4 day weeks, living wages, etc...
But I also have a really pessimistic view of employees in general. Then again I have a very pessimistic view of people in general so it's not that different.
-
I mean browser skins that made internet forums look like an excel spreadsheet have been around forever.
Every single website reports their busiest traffic during the standard 9-5 workweek. This has always been the case. If it wasnt, websites would set their content to publish at 3pm on Sundays. They dont. People sit down to read it at 9am when they get to work.
-
Also I want to amend that statement to say Employers suck too because gasp they are people as well (even worse, people with power and a lot of people who've fallen upwards and are terrible at their job + power).
I guess I just think a lot of people are terrible at doing anything in life with care.
-
Thinking about all the recruiters that will be sending linkedin messages to every Tesla employee, advertising hybrid or remote positions.
the money literally just falls into those fuckers hands :money
-
I agree with Elon
(https://i.imgur.com/0XygFpw.jpg)
-
https://twitter.com/Reuters/status/1532674806830751747
:pika
-
To: Everybody
Subject: Headcount Reduction
Date: Friday, June 3, 2022
Tesla will be reducing salaried headcount by 10% as we have become overstaffed in many areas. Note this does not apply to anyone actually building cars, battery packs or installing solar. Hourly headcount will increase.
Elon
Tesla Inc
713.00 USD −62.00 (8.00%)
today
:pika
-
https://twitter.com/Forbes/status/1532741829963268098 (https://twitter.com/Forbes/status/1532741829963268098)
-
https://twitter.com/WatcherGuru/status/1533106970630270982
:point
-
Millions worth of #NFTs
(https://c.tenor.com/g7nzxqrG9GIAAAAC/girl-sure-jan.gif)
-
This shit always happens when their ""discord"" gets ""hacked"".
As usual its a compromised mod account.
Probably compromised when they started downloading corrupted .mp4s from that 14 year old girl that they were talking to.
-
These crypto scam livestreams with 40k+ viewers between them :lol :lol
https://www.youtube.com/watch?v=WBI8RFPbdq4
https://www.youtube.com/watch?v=3Mk5PR9Z1VY
-
The CPI report is released at 8:30 a.m. ET Friday.
Get your popcorn ready folks
-
8.6%
:pika
Joe Biden how could you
-
Dow sinks 500 points after inflation reading hits 40-year high
:pika
-
2-year Treasury rate surges to highest level since 2008 on hotter-than-expected inflation report
:pika
Dow falls more than 700 points after inflation hits 40-year high, consumer sentiment plummets
:pika
reaching its highest level since June 2008.
June 2008
:shaq2
That rings a bell.
Late June 2008: Despite the U.S. stock market falling to a 20% drop off its highs, commodity-related stocks soared as oil traded above $140/barrel for the first time and steel prices rose above $1,000 per ton. Worries about inflation combined with strong demand from China encouraged people to invest in commodities during the 2000s commodities boom.
https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%932008#Timeline
:pika
-
the stock market is over.
-
:stahp
-
the stock market is over.
#cancelled :asuka
-
Verstappen won and so did Nintex :success
Verstappen won again and so did Nintex.
2 wins
1 loss
so far :doggy
Hamilton has a shitty car, Ferrari can only do qualifying laps before their cars fail. Verstappen the GOAT :cruise
-
https://twitter.com/bccponzi/status/1535916302140944384
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"god tier". Gotta love making money off these fucking dipshits in the real market. :lol
-
bitcoin just keeps goin down… shit everything is
-
bitcoin just keeps goin down… shit everything is
heres hoping for <$20k btc
-
bitcoin just keeps goin down… shit everything is
heres hoping for <$20k btc
Heres hoping for <$20 btc :rash
-
Just saw the bitcoin chart
:whew
Suicide prevention phone numbers incoming
-
They did it again
(https://i.redd.it/pb70gtlbsd591.png)
:tauntaun :tauntaun :tauntaun
-
bitcoin just keeps goin down… shit everything is
heres hoping for <$20k btc
Ooooooh he’s tryin
-
The entire current state of the world and economy is just old people revenge.
Just look at Putin, Biden, Schwab, Soros, Pelosi and all the big players.
In their dying breath the boomers destroyed the economic power of the next generation and militarized the hippies into a climate cult.
Guess you'll have to serve at McDonalds and wash my balls now jack :biden
-
https://twitter.com/CryptoWhale/status/1536416151848341505
Crypto bros lookin like goatse and its not even tuesday
-
Someone should annex El Salvador
https://nayibtracker.com/
-
:drudge :drudge :drudge
The S&P 500 is now in an official bear market, according to S&P Dow Jones Indices
https://www.cnbc.com/2022/06/13/sp-500-is-in-official-bear-market-according-to-sp-dow-jones-indices.html
:salute
-
OK its time to shut the whole market down Joe, this isn't fun anymore
-
They did it again
(https://i.redd.it/pb70gtlbsd591.png)
:tauntaun :tauntaun :tauntaun
Wow what an incredibly infallible technology that in short order will surely replace the physical form of currency that's powered the world economy for the last 5,000 years :derp
-
https://mobile.twitter.com/azazo/status/1536482191089496064
-
2022: Stop laughing. This isn't funny!
2021: Have fun being poor, you stupid no-coiners!
-
$22.5k :awesome
-
Coinbase lays off 18% of workforce as executives prepare for recession and ‘crypto winter’
https://www.cnbc.com/2022/06/14/coinbase-lays-off-18percent-as-execs-prepare-for-recession-crypto-winter.html
:pika
-
Had a debate with co-workers today who insisted this was the right time to buy crypto.
As much as I like to 'buy the dip' I don't think it's a good idea to buy the pre-dip.
https://twitter.com/litcapital/status/1536765827789336577 (https://twitter.com/litcapital/status/1536765827789336577)
-
Had a debate with co-workers today who insisted this was the right time to buy crypto.
As much as I like to 'buy the dip' I don't think it's a good idea to buy the pre-dip.
https://twitter.com/litcapital/status/1536765827789336577 (https://twitter.com/litcapital/status/1536765827789336577)
Next season of Euphoria lookin' lit.
-
30-year mortgage rate surges to 6.28%, up from 5.5% just a week ago
:pika
-
$WBD is <$14.00. :ohhh
So tempting to buy the dip. If it hits <$10 I might go full WSB.
-
30-year mortgage rate surges to 6.28%, up from 5.5% just a week ago
:pika
And house prices gonna be mostly unaffected still because equity firms/overseas investors buying up neighborhoods paying all cash so mortgage rates don't matter.
-
Coinbase lays off 18% of workforce as executives prepare for recession and ‘crypto winter’
https://www.cnbc.com/2022/06/14/coinbase-lays-off-18percent-as-execs-prepare-for-recession-crypto-winter.html
:pika
Maybe if they continue airing this ad during the nba finals, everything will be fine.
https://m.youtube.com/watch?v=fCEvIiY0mR4
-
BTC almost went sub $20k today
Absolutely cummy
-
TiMe To BuY tHe DiP :derp
I'm putting my money on Verstappen again this weekend.
Gambling on Formula 1 races is more reliable than anything stonk related these days. :trumps
-
BTC almost went sub $20k today
Absolutely cummy
It’s happening.gif
-
https://twitter.com/disclosetv/status/1538178152358457344 (https://twitter.com/disclosetv/status/1538178152358457344)
(https://c.tenor.com/T_yBSm9TXZ4AAAAM/kamala-harris.gif)
-
Is this a good time to buy Luna?
-
Is this a good time to buy Luna?
Stella > Luna.
-
Is this a good time to buy Luna?
What's the difference between buying these shitcoins and out of the money options? At least you can find a company that has assets, equipment, human capital, etc - and there's a chance that something will move on fundamentals because of a tendency for probabilistic fat tails. There are thousands of these coins, and they never come back up. 90% of these coins have an infinite supply and inflation potential. Why do this to yourself? If you have the gambling bug, just buy lottery tickets, or you can daytrade the futures market with very little margin reqs, scouring improbable but lucrative opportunities without having to wait weeks, months, years for 5:1 RR opportunities that you would for these one-in-ten thousand coins to come back up. I'm not anti-crypto on principle; I think there's a lot of interesting tech going on in the background that could be put to use if we can control the energy issue, but as investment vehicles they just don't make any more sense than a lottery ticket. Putting any meaningful amount of money into these things seems really senseless.
-
18,039.30USD
−2,406.30 (11.77%)today
:pika
-
https://twitter.com/liron/status/1537186589486460928
Marc Andreessen is a wordcel.
-
18,039.30USD
−2,406.30 (11.77%)today
:pika
EXPRESS TRAIN THIS SHIT TO $10K
YEE HAWWWWW
:biden
-
If someone can tell me how, I'm willing to buy in at 8k
-
Can’t believe stocks/crypto are crashing on pride of all months :yikes
-
Frank Luntz predicts everything will come crashing down the July 4th weekend when consumer realize that they can't afford full gas tanks and party supplies.
But he predicted that before Biden fell off his bike.
meme of the year
https://twitter.com/johnhackerla/status/1538195464977190912 (https://twitter.com/johnhackerla/status/1538195464977190912)
anyhow I would skip crypto and invest in arms manufacturing and video games.
- Russia will take the Donbass
- Turkey plans to invade Syria
- Israel plans to bomb Iran
- China plans to invade Taiwan
- MBS will take Joe to the cleaners
-
18,039.30USD
−2,406.30 (11.77%)today
:pika
EXPRESS TRAIN THIS SHIT TO $10K
YEE HAWWWWW
:biden
Yeah this shit isn't historical yet, wow it's down to January 2021 levels weeee.....
Call me when it's 2009 levels :biden
-
Verstappen won and so did Nintex :success
Verstappen won again and so did Nintex.
2 wins
1 loss
so far :doggy
Hamilton has a shitty car, Ferrari can only do qualifying laps before their cars fail. Verstappen the GOAT :cruise
Max Verstappen won again and so did Nintex :success
3 wins
1 loss
so far :doggy
-
https://www.reddit.com/r/CryptoCurrency/comments/vfszpt/solend_the_largest_lending_market_on_solana_is/
:mindblown :neogaf
-
https://twitter.com/WatcherGuru/status/1538589838839992320 (https://twitter.com/WatcherGuru/status/1538589838839992320)
:juche
-
Gotta love decentralization :lucille
-
Did we hit the bottom boys?
Or if this a trap to squeeze out lunch money
-
Did we hit the bottom boys?
Or if this a trap to squeeze out lunch money
I wouldn’t mind hitting your bottom, boy :shaq
-
https://twitter.com/nytimes/status/1539257845950164997 (https://twitter.com/nytimes/status/1539257845950164997)
You can always invest in some roubles :trumps
-
Did we hit the bottom boys?
Or if this a trap to squeeze out lunch money
I wouldn’t mind hitting your bottom, boy :shaq
Go squeeze that trap, honey :shaq
-
https://twitter.com/DeItaone/status/1539609828468858884 (https://twitter.com/DeItaone/status/1539609828468858884)
:doge
everything is under... under... everything is under... what's that word... anyways
-
Market is surging on the news that the Supreme Court has guaranteed a steady supply of cheap domestic labor.
-
(https://pbs.twimg.com/media/FVRjb-CVUAEZw6N?format=jpg)
https://twitter.com/CoinDesk/status/1540428074109620226 (https://twitter.com/CoinDesk/status/1540428074109620226)
-
https://www.theguardian.com/technology/2022/jun/24/doop-snogg-fake-snoop-dogg-fooled-nft-conference (https://www.theguardian.com/technology/2022/jun/24/doop-snogg-fake-snoop-dogg-fooled-nft-conference)
“Snoop is actually heavily involved in the NFT space and so it’s very plausible that he would rock up to NFT.NYC.”
The team didn’t ask Snoop Dogg for permission for the stunt.
Malik only found out about “Doop Snogg” from her friends later on. She has lost money to NFT scams and works in an NFT community to protect other users, she explained.
“So it was kind of ironic that I learned later that this is not real,” she said. “I knew there was always a 50/50 chance.”
Not a lawyer but wouldn't there be grounds for some potential fraud there ? :lol
-
(https://i.redd.it/8yemg6d03l891.jpg)
:pika
-
https://twitter.com/spectatorindex/status/1542124520194318336 (https://twitter.com/spectatorindex/status/1542124520194318336)
:idont
-
Oh no, the cryptocurrency ecosystem is returning to its intrinsic value.
-
https://twitter.com/unusual_whales/status/1542997384489308160 (https://twitter.com/unusual_whales/status/1542997384489308160)
:idont
A British Virgin Islands court ordered the liquidation of Three Arrows Capital earlier this week. The fund, founded by former Credit Suisse traders Zhu Su and Kyle Davies, managed an estimated $10 billion of assets as recently as March, according to blockchain analytics firm Nansen.
https://twitter.com/litcapital/status/1542971808823009282 (https://twitter.com/litcapital/status/1542971808823009282)
-
You know, when you can buy a bitcoin for a dollar
spoiler (click to show/hide)
I still won't buy bitcoin because fuck bitcoin
-
ANOTHER ONE
https://www.bloomberg.com/news/articles/2022-07-01/crypto-broker-voyager-digital-suspends-trading-withdrawals
-
https://twitter.com/chenweihua/status/1543135340256452610 (https://twitter.com/chenweihua/status/1543135340256452610)
We're now getting rightfully trolled by the Chinese :doge
-
https://twitter.com/CoinersTakingLs/status/1543083947189362689
-
https://twitter.com/chenweihua/status/1543135340256452610 (https://twitter.com/chenweihua/status/1543135340256452610)
We're now getting rightfully trolled by the Chinese :doge
Seems Japan got their inflation out of the way early in the 90s, they don't need to try as hard these days.
-
Found my ex on Twitter and she's deep into web3 stuff. Even attended some kind of convention last week.
Wonder how much money she lost on bitcoin
:fbm
-
Found my ex on Twitter and she's deep into web3 stuff. Even attended some kind of convention last week.
Wonder how much money she lost on bitcoin
:fbm
Lol loser could’ve kept her around if you just figured out how to buy crypto :girlaff
spoiler (click to show/hide)
I’m just kidding bb I’m sure you’ll find love again soon :heart
spoiler (click to show/hide)
*in Minecraft
-
Found my ex on Twitter and she's deep into web3 stuff. Even attended some kind of convention last week.
Wonder how much money she lost on bitcoin
:fbm
Sounds like you dodged a bankruptcy.
-
Found my ex on Twitter and she's deep into web3 stuff. Even attended some kind of convention last week.
Wonder how much money she lost on bitcoin
:fbm
Sounds like you dodged a bankruptcy.
I kept my James fund secret from her :patel
-
She's buying nfts
:fbm
-
She's buying nfts
:fbm
always a good idea to invest in the future.
-
Dow falls 700 points as Wall Street grapples with recession concerns
:pika
-
Biden administration clowns: ThIs Is ThE pRiCe We PaY tO sToP pUtIn
-
Can someone translate
https://twitter.com/InsideOutFrens/status/1540426885007540224
-
https://twitter.com/CoinersTakingLs/status/1545643538406264832
-
(https://pbs.twimg.com/media/FXazVpiWYAIJR1P?format=jpg)
We did it?
-
(https://pbs.twimg.com/media/FXazVpiWYAIJR1P?format=jpg)
We did it?
https://www.youtube.com/watch?v=GK2GUxOnjDQ
-
https://twitter.com/EndGameWW3/status/1548040817381478402 (https://twitter.com/EndGameWW3/status/1548040817381478402)
Putin bans crypto :doge
-
Verstappen won and so did Nintex :success
Verstappen won again and so did Nintex.
2 wins
1 loss
so far :doggy
Hamilton has a shitty car, Ferrari can only do qualifying laps before their cars fail. Verstappen the GOAT :cruise
How do you feel about Ferrari winning everything so far?
:point
-
Ford ftw (http://www.thebore.com/forum/Smileys/default/7rLcv43.gif)
-
Verstappen won and so did Nintex :success
Verstappen won again and so did Nintex.
2 wins
1 loss
so far :doggy
Hamilton has a shitty car, Ferrari can only do qualifying laps before their cars fail. Verstappen the GOAT :cruise
How do you feel about Ferrari winning everything so far?
:point
Oh..oh...oh god.
(https://img.redbull.com/images/c_crop,x_281,y_0,h_692,w_554/c_fill,w_400,h_540/q_auto:low,f_auto/redbullcom/2017/05/14/0a97e2a0-350e-4f82-890f-696eb4165537/ferrari-help-crying-raikkonen-fan-at-spanish-grand-prix.png)
-
Crash Leclerc :trumps
Everyone is happy with this news
https://twitter.com/disclosetv/status/1552388434320412674 (https://twitter.com/disclosetv/status/1552388434320412674)
Not even the "former" CIA stooges can make money in Joe Biden's economy lmao
-
Perfect time to raise the price of Quest 2 by $100!
-
$2.8 billion quarterly operating loss for the Metaverse division for Q2 :dead
-
I wonder if $WBD might be worth a punt for the coming days/weeks... with Multiversus seeming like it could be a real hit, I could see a metaverse/"the next Fortnite!!?!1!" narrative springing up around their properties and giving it a bit of a pump. Maybe it makes the gaming divison that they've been trying to sell off forever look more appealing too.
-
Time to buy the dip?
I bought the facebook dip it's not going well
$2.8 billion quarterly operating loss for the Metaverse division for Q2 :dead
A rare loss for the James fund :fbm
-
The metaverse is a terrible idea that zuck keeps pushing :lol
-
The metaverse is a terrible idea that zuck keeps pushing :lol
Yes but you miss the shots you dont take and there was a sale
-
From what I've read over the past couple of days the company doesn't function because of a lack of discipline among the WFH crowd and slacktivists (Who could've predicted that :trumps)
And now they have the added problem of a CEO that ignores market trends and ignores "what the audience actually wants" by burning billions trying to built his own Second Life clone and he blames his own failure on his staff.
I think VR is exciting and it's a field worth investing in but what the hell are they spending that money on because it certainly ain't the graphics or the hardware :doge :lol
He can't reverse like this either. I bet in a few weeks we'll get lenghty articles about how 'TOXIC' Facebook has become because you can no longer do 1 day work weeks to work on your side projects and "mental health" instead.
It seems Facebook is about ready for a Microsoft buy out.
-
Facebooks biggest problems have been clear for a very long time.
They started with college kids. Great. Tons of sexy bikini pics and such. $$$$
They opened up to boomers.
Boomers cant control themselves and made it shitty.
Kids didnt want to join a platform where their aunts share memes. No one on earth under 25 has a facebook account. Not one.
The college kids got older and stopped posting bikini pics.
Everyone complains that the feed is 90% non friend related content, but thats essential because 90% of friends dont post. And the 10% that do are the people you dont want to see all the time anyway.
Exact same thing happened with Instagram, except they dug their grave faster by doing the story thing, which meant theres no way to go back and browse bikini pics.
-
Opening up the internet to boomers, corpo's and normies has been the problem from the get go.
We should've chased them off a long time ago and never helped anyone with their 'computer problems'.
-
$2.8 billion quarterly operating loss for the Metaverse division for Q2 :dead
:mindblown They got whatever the Gigantosaurus clone version of Kutaragi is running the hardware budgets over there? :mindblown
-
The James Plan to save social media:
--Under 18 can like but not post or comment
--Hotties ages 18-24 are prioritized on all feeds
--To encourage hotties posting daily, they get a 2% cut on all ad revenue generated near their post. More likes = more cash(more tiddies (or abs for the bois) = more likes)
--Individuals aged 40+ must pay per post/comment. Hot take? Thats $3 to submit.
--Add the same search engine porn sites use so you can find new people to follow (ie, asian bbw)
-
https://arstechnica.com/tech-policy/2022/08/us-bans-transactions-on-crypto-system-that-some-used-for-money-laundering/
TORNADO CASH BAN —
US blacklisting of Tornado Cash sparks outcry from cryptocurrency industry
Tornado Cash banned over money laundering but has legitimate uses as privacy tool.
JON BRODKIN - 8/9/2022, 7:31 PM
https://twitter.com/depression2019/status/1556748494622208000
https://twitter.com/0xJim/status/1557035689425895425
FUCK THE POLICE
-
Bed Bath & Beyond surges again on Wednesday, continuing August meme rally
Bed Bath & Beyond has already seen five days in August with moves greater than 20%, and ended Tuesday up nearly 300% for the month.
https://www.cnbc.com/2022/08/17/bed-bath-beyond-surges-again-on-wednesday-continuing-august-meme-rally.html
:pika
Bed, Bath & Beyond shares fall more than 10% after investor Ryan Cohen reveals intent to sell entire stake
https://www.cnbc.com/2022/08/17/bed-bath-beyond-shares-fall-more-than-10percent-after-investor-ryan-cohen-reveals-intent-to-sell-entire-stake.html
:pika
-
Snap will lay off 20% of staff, report says
:gddr5 :gddr5 :gddr5
-
https://www.theverge.com/2022/8/30/23329301/snap-layoffs-20-percent-employees-snapchat (https://www.theverge.com/2022/8/30/23329301/snap-layoffs-20-percent-employees-snapchat)
Learn to code
McDonalds is hiring :success
https://twitter.com/JackPosobiec/status/1564701274771230723 (https://twitter.com/JackPosobiec/status/1564701274771230723)
It's not even funny how fucked our generation is.
Millennials' median net worth went from just above $25,000 in 2007 to less than $15,000 by 2010, according to the Board of Governors of the Federal Reserve System.
-
:fbm
-
Snap will lay off 20% of staff, report says
:gddr5 :gddr5 :gddr5
Like its other tech peers, Snap hired aggressively during the pandemic. It entered March of 2020 with roughly 3,427 full-time employees and ended last quarter with 6,446, a 38 percent increase from the same time last year.
:mindblown
Did they really believe the cocaine party would last forever?
-
https://twitter.com/katie_robertson/status/1564649596877688832 (https://twitter.com/katie_robertson/status/1564649596877688832)
:trumps
-
CEO: My records show you arent coming in every day, WTF are you doing
Reporter: Sir I cover sports I have to travel to games
CEO: Youre fired you lazy piece of shit
-
It's like peak boomer CEO that the measure of productivity is hours spent in meetings :lol :lol :lol
-
Most people WFH aren't doing shit and they weren't doing shit RTO either. :lol
When it comes to the 20/80 rule, the 80's fucked around and are about to find out. 8)
-
(https://pbs.twimg.com/media/FckAfE6X0AUtaln?format=jpg)
(https://pbs.twimg.com/media/FckLTJ7XgAAMGcI?format=jpg)
-
Trump is such a dumb asshole.
-
https://twitter.com/zachvallese/status/1570499215268409344 (https://twitter.com/zachvallese/status/1570499215268409344)
-
https://twitter.com/EdConwaySky/status/1573247604259164160
:pika
-
https://twitter.com/KwasiKwarteng/status/1573267647508119554 (https://twitter.com/KwasiKwarteng/status/1573267647508119554)
Literally no taxes and cheaper pints, Kwasi knows wassup :rejoice
Allow me to coin the term "Trumponomics" :snob
-
Euro not doing hot either
https://twitter.com/WatcherGuru/status/1573207848166866945 (https://twitter.com/WatcherGuru/status/1573207848166866945)
-
Pound is at the lowest on record*
:pika
(https://i.redd.it/k20p9ki61mp91.jpg)
*Record being this pic
-
https://twitter.com/EdConwaySky/status/1573247604259164160
:pika
A pound of what?
-
The goal is Pound/Euro/Dollar parity :cruise
-
https://twitter.com/unusual_whales/status/1573341942280339456
:phil
-
Good fire them all
-
https://twitter.com/lewis_goodall/status/1573324063266803716
Hoping George Soros is shorting again :lol :lol
-
The UK is killing the stocks
:pika
Dow tumbles nearly 600 points into bear market territory, sets a new low for the year
Stocks tumbled on Friday to close out a brutal week for financial markets as surging interest rates and foreign currency turmoil heightened fears of a global recession.
The Dow Jones Industrial Average fell more than 700 points to fall below 30,000 to a new low for the year. The 30-stock index is fell 20% from its high, known as bear market territory on Wall Street. It was last trading 548 points lower, or 1.8%. The S&P 500 fell 2% and headed for a new 2022 closing low, while the Nasdaq Composite slid about 2%.
https://www.cnbc.com/2022/09/22/futures-inch-higher-following-another-day-of-losses-after-fed-rate-hike-sell-offs.html
-
https://twitter.com/unusual_whales/status/1573350505388314626 (https://twitter.com/unusual_whales/status/1573350505388314626)
:biden
tfw Cyberpunk is real and I can pay in Eurodollars :rejoice
-
The non-executives who job hopped and received greater salaries these past several months are going to be the first on the chopping block with the inevitable round of layoffs. There is very much a sentiment of businesses getting even and they’ll do what they can to get it. Same goes for the WFH crowd. All those people buying homes far away from the office because they don’t have to come in are going to regret it. I’m not saying it’s right, it is what it is.
-
https://twitter.com/charliebilello/status/1573732642905882624 (https://twitter.com/charliebilello/status/1573732642905882624)
:tocry
-
https://twitter.com/EdConwaySky/status/1574274790588022785
https://twitter.com/christhebarker/status/1573241890190794752
-
Larry Summers admits they broke the economy
https://twitter.com/RNCResearch/status/1575283889764974595 (https://twitter.com/RNCResearch/status/1575283889764974595)
(https://pbs.twimg.com/media/Fdy06mrUUAArTRM?format=jpg)
-
https://twitter.com/DaveTaylorNews/status/1576137253734076418
It begins.
-
.
-
Yeah, I can't imagine the super strong dollar is good for the world economy while everyone else's currency falls to dust.
But American-focused media will just be like "fuck yeah, time to go on a party binge in Europe for cheap!"
-
It's Credit Suisse
https://twitter.com/Investingcom/status/1576457410604339201 (https://twitter.com/Investingcom/status/1576457410604339201)
and Deutsche
The numbers for Credit Suisse:
$160b Cash
$400b at call Liabilities
$900b Leveraged exposure
$40b Equity
That's a $900 billion bailout :whew
For Deutsche better not look at the numbers :doge
-
Yeah, I can't imagine the super strong dollar is good for the world economy while everyone else's currency falls to dust.
But American-focused media will just be like "fuck yeah, time to go on a party binge in Europe for cheap!"
I mean, if the world's gonna burn, a vacay beforehand isn't too bad an idea.
-
DOW up 1,500 in 2 days, the Biden Halloween miracle is here
-
Rumors are the inflation has not been solved
Sweet potential for a 1,000 point drop this week. get your puts ready bois
-
WBD already teetering on that $10 edge because of all the layoffs yesterday :elon
-
WBD already teetering on that $10 edge because of all the layoffs yesterday :elon
https://finance.yahoo.com/news/warner-bros-discovery-slashes-more-staff-095425664.html (https://finance.yahoo.com/news/warner-bros-discovery-slashes-more-staff-095425664.html)
"Wall Street is saying that the combined assets of your company and what was the premier media company in the world are now worth a lot less," he said. "What can you do to make it more valuable?"
1 + 1 = 1 :trumps
-
https://twitter.com/LynAldenContact/status/1580303967288168449 (https://twitter.com/LynAldenContact/status/1580303967288168449)
Being broke :nope
Worried about liquidity :ohyeah
https://twitter.com/financialjuice/status/1580309861581357056 (https://twitter.com/financialjuice/status/1580309861581357056)
-
omg is 28 days later happening in the uk
-
Meta shares plunge 23% to the lowest price since 2016
:pika
https://www.cnbc.com/2022/10/27/meta-stock-falls-23percent-on-earnings-miss-analyst-downgrades.html
-
That's what Zuckerberg deserves for killing Oculus. :ufup
Who knew no one wants to sign up for literally a digital corporate hellscape that looks like an emulated Nintendo DS game.
-
looks like an emulated Nintendo DS game.
Hiring Game Freak to build his new open world was a huge mistake
-
Amazon stock sinks 20% on weak fourth-quarter guidance
https://www.cnbc.com/2022/10/27/amazon-amzn-earnings-q3-2022.html
:pika
-
Meta shares plunge 23% to the lowest price since 2016
:pika
https://www.cnbc.com/2022/10/27/meta-stock-falls-23percent-on-earnings-miss-analyst-downgrades.html
(https://i.pinimg.com/originals/07/03/48/0703483f8e3100d87497817030fb903f.gif)
-
https://twitter.com/Investingcom/status/1587916504955113472 (https://twitter.com/Investingcom/status/1587916504955113472)
:bow (https://pbs.twimg.com/media/Ff1pl-VXwAApBaf?format=jpg) :bow2
spoiler (click to show/hide)
(https://pbs.twimg.com/media/Ff1pmVEWIAArkOb?format=jpg)
-
14% of the workforce, wow.
https://twitter.com/GergelyOrosz/status/1588167150333730817 (https://twitter.com/GergelyOrosz/status/1588167150333730817)
-
Been too busy with work to pay attention to stonks.
Opening my account for the first time in awhile...
A couple of sad stocks
Beyond Meat Inc (-82.89%)
Meta Platforms Inc (-64.00%)
This is why Im a gamer at heart
Activision Blizzard Inc 506.24%
-
Investing in Meta :lol
Also isn't Impossible Meat the better buy? They seem like the Coke in the race.
-
Investing in Meta :lol
Also isn't Impossible Meat the better buy? They seem like the Coke in the race.
Privately held
-
Sold TSLA
Tesla Inc
TESLA INC $222.50
:salutespoiler (click to show/hide)
I bought at $295.16 so a loss but I think its going to keep going down
-
Ouch, that’s a captured loss.
-
Buckle up
https://twitter.com/JeffHorwitz/status/1589361501261156354 (https://twitter.com/JeffHorwitz/status/1589361501261156354)
-
Ouch, that’s a captured loss.
Gonna write it off on my taxes
spoiler (click to show/hide)
is that how it works I don really understand taxes
-
Sold TSLA
Tesla Inc
TESLA INC $222.50
:salutespoiler (click to show/hide)
I bought at $295.16 so a loss but I think its going to keep going down
198.71 USD −8.76 (4.22%)
today
:whew
-
Sold TSLA
Tesla Inc
TESLA INC $222.50
:salutespoiler (click to show/hide)
I bought at $295.16 so a loss but I think its going to keep going down
198.71 USD −8.76 (4.22%)
today
:whew
189.56 USD −7.52 (3.81%)
today
:whew
The James Fund instinct is still strong bois
-
Sold TSLA
Tesla Inc
TESLA INC $222.50
:salutespoiler (click to show/hide)
I bought at $295.16 so a loss but I think its going to keep going down
198.71 USD −8.76 (4.22%)
today
:whew
189.56 USD −7.52 (3.81%)
today
:whew
The James Fund instinct is still strong bois
183.05 USD −8.25 (4.31%)
today
It's going down, I'm yelling timber
You better move, you better dance
-
11k lay offs at the book of faces
-
11k lay offs at the book of faces
Why did I buy Meta :doge
-
Imagine selling tesla stock right
-
Sold JMES
James Fund
JAMES FUND $1,999.99
I'm out :trumps
james is this forum's Cramer.
-
Facebook is dead.
Logged back in and the feed is devoid of actual people and is just overrun with ads or "suggested" content ripped off from Tiktok, stolen TV show clips, and viral content from India for some reason.
Not even my boomer relatives are active anymore let alone young people.
RIP.
-
Facebook is dead.
Logged back in and the feed is devoid of actual people and is just overrun with ads or "suggested" content ripped off from Tiktok, stolen TV show clips, and viral content from India for some reason.
Not even my boomer relatives are active anymore let alone young people.
RIP.
(https://i.imgur.com/qdr5OBW.gif)
-
Crypto is completely collapsing
https://twitter.com/carlquintanilla/status/1590465692230221824 (https://twitter.com/carlquintanilla/status/1590465692230221824)
Binance pulled out of the FTX deal.
https://twitter.com/gurgavin/status/1590443965870149632 (https://twitter.com/gurgavin/status/1590443965870149632)
-
:pika
-
https://twitter.com/binance/status/1590449161069268992
Love this stuff. "Decentralized economy!" :derp
-
https://twitter.com/LayahHeilpern/status/1590416118258098176
The bluecheck verifies noteworthy individuals for the sake of the public good.
-
https://twitter.com/unusual_whales/status/1590490418231345154
(https://pbs.twimg.com/media/FhKMnPqWAAYhgcE?format=jpg&name=small)
:lol
Love how this dude went on podcasts espousing Effective Altruism. All the money he was going to spend on charity (just not yet) saving the entire world, wearing duct-tape on his Payless sneakers while being worth 100 billion. Such an exaggerated branding of the 'regular dude who doesn't care about money, and only like, saving the planet', who would eventually fuck everyone over. Being worshipped at crypto conventions, talking down to economists 2 years out of undergrad... Dude got so high off of galivanting as the normcore Jesus Christ who knew everything.
-
https://twitter.com/caprioleio/status/1590416586971942912 (https://twitter.com/caprioleio/status/1590416586971942912)
https://twitter.com/tier13k/status/1590464914694754306 (https://twitter.com/tier13k/status/1590464914694754306)
-
https://twitter.com/tier13k/status/1590464914694754306 (https://twitter.com/tier13k/status/1590464914694754306)
:phil
-
https://twitter.com/zerohedge/status/1590458701391224833
https://twitter.com/gurgavin/status/1590486107569127424
please god be true
-
Bitcoin lol
-
https://twitter.com/zerohedge/status/1590458701391224833
https://twitter.com/gurgavin/status/1590486107569127424
please god be true
Its a good strategy
Sell a magic coin with the promise to pay back on demand
Use the revenue to buy stocks
Make big gains
Pay the buyers back.
Where they went wrong is not using the James Fund investing strategy.
-
Isn't the whole point of crypto not needing banks to store your money? Why would these people leave large amounts at shady companies registered in the Bahamas who may embezzle it instead of using their own digital wallets?
-
https://twitter.com/PauloMacro/status/1590523407313293315 (https://twitter.com/PauloMacro/status/1590523407313293315)
-
https://twitter.com/CL207/status/1590575250311634944
-
https://twitter.com/PauloMacro/status/1590523407313293315 (https://twitter.com/PauloMacro/status/1590523407313293315)
(https://imgur.com/g3m9wvh.jpg)
(https://imgur.com/2aBvM8v.jpg)
lmao she was THREE years out of undergrad and they made her COO
There is no bottom to this cryptotard world
-
INFLATION DOWN
STOCKS UP
CRYPTO ANNIHILATED
I'M RIDIN' WITH BIDEN
:biden
-
https://twitter.com/PauloMacro/status/1590523407313293315 (https://twitter.com/PauloMacro/status/1590523407313293315)
(https://imgur.com/g3m9wvh.jpg)
(https://imgur.com/2aBvM8v.jpg)
lmao she was THREE years out of undergrad and they made her COO
There is no bottom to this cryptotard world
The founder of FTX who is now on the run was literally born at Stanford. Not in a hospital nearby, actually on the campus. His parents are well connected nerds.
Gee wonder how this all came to be...
-
https://twitter.com/tier10k/status/1590727907454095361
lol its real
-
https://twitter.com/tier10k/status/1590727907454095361
lol its real
How do you blow 10billion?
Did he put it all in Crypto?
-
Yes, it's a crypto trading firm that probably had holdings in traditional equities too
-
https://www.cnbc.com/2022/11/09/stock-market-futures-open-to-close-news.html
Dow pops 1,200 points, S&P 500 jumps 5% in biggest rally in two years after light inflation report
Dark Brandon is a god
-
I am still taking my 150 doge coins to the moon
-
(https://pbs.twimg.com/media/FhNU1PgWAAANxT0?format=png&name=small)
(https://pbs.twimg.com/media/FhOA9YlWQAEiG_l?format=jpg&name=small)
(https://pbs.twimg.com/media/FhNU2uQXEAE8WSj?format=png&name=small)
Speedrunning Ancap to Social Democrat any%
-
That last tweet got me laughing so hard :lol
-
Way too many people's lives have been irreparably ruined
Considering the long-term goal of the people running the crypto-ecosystem was almost certainly to weasel their way into pension funds and 401ks...
The whole thing imploding now actually saved people's lives (or at least the taxpayer from potentially bailing these turds out).
-
https://twitter.com/allnick/status/1590788378907529216
-
https://twitter.com/rafaelshimunov/status/1591133819918114816 (https://twitter.com/rafaelshimunov/status/1591133819918114816)
https://twitter.com/litcapital/status/1591181067150843904 (https://twitter.com/litcapital/status/1591181067150843904)
:lol
-
https://twitter.com/BNODesk/status/1591307371112169472
No bottom
Sbf and his inner circle taking off with what they can get
https://twitter.com/unusual_whales/status/1591358387660509184
Now more
-
https://twitter.com/sigfig/status/1591310543612092417
https://twitter.com/ratweII/status/1591212152475779073
-
https://twitter.com/Austinfsk/status/1590380276152430592 (https://twitter.com/Austinfsk/status/1590380276152430592)
-
https://twitter.com/BTC_Archive/status/1591365581550551043
When the economy is just decentralized enough
:delicious
-
That's the most blatant shit I think I've ever seen.
-
So it was pretty much a Ponzi scheme with but with crypto :titus
-
Are there any decent vids that breaks this shit down for the normie?
-
Are there any decent vids that breaks this shit down for the normie?
Don't worry, it's not that complicated.
https://m.youtube.com/watch?v=Ow-MN7qJnIY&feature=youtu.be
This video doesn't make clear that he funneled clients funds into Alameda, his trading company which took on enormous risk that obviously didn't pan out to make back what it was losing in the liquidity crunch. It also doesn't include the most recent development that Sam basically clandestinely stole the last remnants of the money on the exchange through a backdoor he created and blamed it on a hack. This is "alleged" but this most certainly happened.
-
http://www.youtube.com/watch?v=nGSAoPZpM7A
-
https://www.youtube.com/watch?v=Qd2enI4RvXU
Thinking about SBF funnelling 10 billy to her
-
https://www.youtube.com/watch?v=Qd2enI4RvXU
Thinking about SBF funnelling 10 billy to her
https://twitter.com/carolinecapital/status/1379036346300305408
https://twitter.com/SBF_FTX/status/1173351344159117312
https://twitter.com/JagoeCapital/status/1591441660059480064
-
https://www.youtube.com/watch?v=Qd2enI4RvXU
Thinking about SBF funnelling 10 billy to her
"We tend to not have things like stop losses, those aren't necessarily great risk management tools."
What? What the fuck? I was wondering how you lose 10b so quickly. Guess I know now.
-
https://www.youtube.com/watch?v=Qd2enI4RvXU
Thinking about SBF funnelling 10 billy to her
Casting Couch interview? :whew
-
https://twitter.com/Puzzonsite/status/1591479419226705920
https://twitter.com/BullGainz/status/1591478710397534212
-
https://twitter.com/AutismCapital/status/1591504698569543680
-
Bankman is his real name? :dead
-
I hope this is all connected back to Gamestop and AMC
-
FTX former CEO Sam Bankman-Fried, co-founder Gary Wang and director of engineering Nishad Singh are understood to be in the Bahamas and are “under supervision” by the local authorities.
The source familiar with the matter told Cointelegraph that the three former FTX executives, as well as Alameda Research CEO Caroline Ellison, are looking for ways to flee to Dubai, which "doesn't have any extradition treaties" — likely in reference to the United States.
The source has also revealed that Ellison is currently in Hong Kong, “so she might be able to get to Dubai.”
Hope there isn't one of those disgruntled crypto investors in one of these countries that has a penchant for torturing nerds for "hacked" ransom money . Not a good time to be an international shyster.
spoiler (click to show/hide)
https://twitter.com/jjjablinski/status/1590712488768610304
-
https://twitter.com/lawmaster/status/1591608222343122946
:dead
-
https://twitter.com/Popehat/status/1591091209157898241
-
https://twitter.com/0xfoobar/status/1591613447812583425
:lol :lol :lol
-
https://twitter.com/DylanLeClair_/status/1591685155181449216 (https://twitter.com/DylanLeClair_/status/1591685155181449216)
Funds are safe
-
Either exchanges are transferring huge amounts between them to fake proof of reserves to pass audits or inflating their numbers for marketing. Nobody transfers 400m on accident. :dead
-
https://twitter.com/coffeebreak_YT/status/1591864859037401088
I know you're all sick of this, but it all keeps getting worse.
https://twitter.com/coffeebreak_YT/status/1591865693229686785
:dead
-
This is just the beginning, the peeps getting scammed. Just wait until the Feds and IRS come knocking
(https://reactiongifs.me/wp-content/uploads/2014/06/is-this-legal-absolutely-not-leonardo-dicaprio-the-wolf-of-wall-street.gif)
-
https://twitter.com/SBF_FTX/status/1591989554881658880
-
Good explainer image.
(https://grrrgraphics.com/wp-content/uploads/2022/11/FTX_fraud_cartoon-1536x1214.jpg)
-
Crypto man named BANKMAN runs a sex cult and launders money through Ukraine to donate to Democrats is a conspiracy so fucking good that Alex Jones hasn't even predicted it :info
-
https://www.youtube.com/watch?v=BqzsPz0-u0U
Cahodes got cajones. Enjoyed listening to this.
-
Good explainer image.
(https://grrrgraphics.com/wp-content/uploads/2022/11/FTX_fraud_cartoon-1536x1214.jpg)
Man didn't even bother with looking at a picture of Zelensky first. :lol
-
https://twitter.com/ercwl/status/1592337461971021824
:dead
-
No, no, as he told the NYT, he's just improvising:
(https://pbs.twimg.com/media/Fhkf-eLaEAMdlJr?format=jpg&name=small)
-
:lol
-
:dunno
-
https://twitter.com/GeertNoels/status/1592416285123817472 (https://twitter.com/GeertNoels/status/1592416285123817472)
:doge
-
https://twitter.com/unusual_whales/status/1592550631696662528
Lack of awareness due to weapons-grade autistic spectrum disorder unknown to mankind until this moment.
-
https://twitter.com/SBF_FTX/status/1592611893449220097
This is my last post about this. Promise. This individual is a fascinating example of what a meteoric rise in wealth, fame, and successive achievements via effortlessness and extraordinary talents can do to one's mind and self-conception. No doubt Sam has been able to accomplish things that the average person couldn't dream of by very little effort - in interviews he details how he basically bent down and picked up a physics degree in a few years from the best technical school on earth (with a minor in math), then went to work in the finance world and became obscenely wealthy in an extremely short period of time. It's apparent that at no point was his will ever tested to the extent of any major failures before having meteoric success. The consequences of that are actually breathtaking to watch in real time: he doesn't understand that there is value in things like trust and reputation beyond what he achieved. He can't understand that there is value to the consequence of things, and one's value is not simply based on what he is easily able to achieve beyond others. He keeps insisting that he belongs and continues to insert himself in public life - he insists FTX will work to achieve funding. He insists that what he did is not irreversible, the proof of which is that he's a special wunderkind genius that deserves second chances in ways that others don't in the finance world. Nobody recovers from this professionally -- no one, and any reasonable person who did this would understand that and back away from public life. But he doesn't stop. He keeps talking as if he didn't do much of anything. The way he speaks in his NYT interview was obscene. A dark, autistic, forest of solipsism. He destroyed peoples' lives. He's deleting posts that are obviously incriminating. He's doing it all in public...and he just carries on. His expectation that his reputation abides beyond reproach is incredible. Just fucking incredible.
-
I read that institutionals (e.g. hedge funds) are the ones who lost most money at FTX. This guy is so obviously not all there, why would you hand him BILLIONS? Due diligence, what is that? Is greed causing brain damage?
-
I've seen people try to prop up Luna and it actually seems to be working. The NYT puff piece was printed because he's still well connected to the right people.
He might be able to mount a better comeback than he should be allowed to.
I read that institutionals (e.g. hedge funds) are the ones who lost most money at FTX. This guy is so obviously not all there, why would you hand him BILLIONS? Due diligence, what is that? Is greed causing brain damage?
Remember Epstein? Plenty went into business with him after he was outed as a pedophile.
-
This is not a world you come back from for doing things like that. He cannot build and maintain an independent business in finance without trust, let alone unregulated crypto finance. I don't know how he'll achieve funding and build back up with this reputation. I don't know what his future holds, but it won't have any semblance to the type of work he's doing now. I don't get how he doesn't understand that.
-
You know what? Forget that. I don't stand by that. I just found out Jeffrey Skilling is working in fundraising for a fuel trading platform called "Veld." Just fuck everything. Nothing really matters if you think about it. :doge
edit: nvm, didn't last long. (https://imgur.com/89Ksssv.jpg) :doge
-
From what we have learned so far, how could Bankman Fried possibly avoid going to prison?
-
From what we have learned so far, how could Bankman Fried possibly avoid going to prison?
Last I heard the Justice Department is investigating, but there is a process involved with filing criminal charges. The obvious issues involving jurisdiction are probably why it's taking awhile and the need to establish nexus cases between US banks and interactions between clientele and business operations in the bahamas as a way to formally arrange for extradition. Before those filings could be served, I think he was under surveillance so he didn't run and likely still is. It would probably be an immediate arrest if he were in the US. I'll be honest though, and I could be wrong, but I don't think what SBF did was illegal in the Bahamas, which is why all those guys go to places like that and the Caymans to do business. I think it's likely he'll be extradited because the Justice Dept will easily establish nexus cases in the US.
-
I haven't looked into it, but surely even in the Bahamas there is some kind of law against embezzlement (in case he doesn't get extradited to the US due to jurisdiction).
-
Beyond that most regulations do not apply to crypto markets and any victims would need to hire expensive legal help to bring a complicated case such as this to court. Something they cannot afford.
-
https://mobile.twitter.com/Variety/status/1592968396911558658
Did FTX not have the Steph Curry 30 day money back guarantee?
-
This text interview is amazing: https://www.vox.com/future-perfect/23462333/sam-bankman-fried-ftx-cryptocurrency-effective-altruism-crypto-bahamas-philanthropy
He has a ... really familiar "text voice"
-
How it started:
(https://i.imgur.com/6WofYch.jpg)
How it's going:
(https://i.imgur.com/mXxG339.jpg)
...
(https://i.redd.it/m912f926kd0a1.jpg)
-
Also, lmao:
https://sbfleaks.eth.limo/
-
This text interview is amazing: https://www.vox.com/future-perfect/23462333/sam-bankman-fried-ftx-cryptocurrency-effective-altruism-crypto-bahamas-philanthropy
He has a ... really familiar "text voice"
Mindhunter but with crypto bro's instead of serial killers and the female lead wants to join their orgies.
Also, lmao:
https://sbfleaks.eth.limo/
:exxy
-
I should have started my own crypto exchange
-
I should have started my own crypto exchange
I wanted to make my own cryto trading cards before crypto was a thing (but blockchain was), even posted about it here but no one "got it" (https://i.imgur.com/FuqnPhm.gif)
-
I should have started my own crypto exchange
I wanted to make my own cryto trading cards before crypto was a thing (but blockchain was), even posted about it here but no one "got it" (https://i.imgur.com/FuqnPhm.gif)
Did you explain we would be defrauding bros? Because that's the key hook
-
https://mobile.twitter.com/Variety/status/1592968396911558658
Did FTX not have the Steph Curry 30 day money back guarantee?
How can you sue Larry for calling it accurately?
https://www.youtube.com/watch?v=noekVG8XLQI
-
Also, lmao:
https://sbfleaks.eth.limo/
I have information that will lead to the arrest of SBF.
-
I should have started my own crypto exchange
Need to form a bore polycule first
-
https://twitter.com/kadhim/status/1593222595390107649
This thread
-
https://twitter.com/WhaleChart/status/1592913773542576128
Ok but lets be serious for a moment.
WTF does a billionaire have such an ugly gf? And this goes for both of them. Theyre both ugly as fuck, but they both have (had) money and could have easily found a hottie.
Thats the biggest red flag for me. If I had a billion, I would be fucking an entire college cheerleading squad.
-
Yeah, you gotta wonder how bad this guy smelled to not get seduced by hot golddigging sluts. Cuz you know he would take them. Also, that sextape: I want to believe, but I know any 'ol schmuck can make a website.
-
Why would you want to expose your retinas to that?
-
https://twitter.com/TheStalwart/status/1593242738333724673 (https://twitter.com/TheStalwart/status/1593242738333724673)
https://twitter.com/GRDecter/status/1593272124092850184 (https://twitter.com/GRDecter/status/1593272124092850184)
https://twitter.com/SquawkCNBC/status/1592880370344919042 (https://twitter.com/SquawkCNBC/status/1592880370344919042)
-
Is that true about Bali?
Very interesting.
-
So I looked into this a little. While of course there could be ripple effects, I don't see why this would have much influence on the price of Bitcoin in the long run. FTX has none left, so it's not like a large amount could be dumped.
And the larger companies who really do own Bitcoin (Coinbase, Binance, etc.) whose income is mainly generated by transaction fees are unlikely to become illiquid due to withdrawals because they actually do store the coins of their customers and don't speculate with them. Meaning, they have no reason to dump any Bitcoins to stay solvent. Some people withdrawing Bitcoin to their own wallets now does not influence the price, either, it just reduces the amount directly available for trading (meaning, there could be bigger price swings like with stocks that have a small float).
In conclusion, I doubt that this will be the end of cryptocurrency. It will probably only lead to the richest (who already own most Bitcoins and don't care even about 90% price drops and who intend to hold it for decades) to accumulate even more at cheaper prices.
Does my reasoning make sense? (Just to be clear, I am not a crypto bro, I just found this interesting).
-
You should look into why altcoins or even shitcoins exist.
Basically there is a finite number of Bitcoin that can be mined or even exist. And the bigger the blockchain becomes, the slower the transactions.
So Bitcoin basically turned into 'gold', something people hold but seldom trade. Which is not what crypto needs to be if rapid growth is to be achieved.
Not to mention that Bitcoin became unattractive to newcomers. You can own 0.0035 Bitcoin or 100 Litecoin or whatever.
For a get rich quick scheme 100 beats out 0.0035 any day of the week.
Then there's the centralization. Basically it was all decentralized or supposed to be but many people found it too difficult to maintain their own wallets so instead they signed up for exchanges and stored their coins there.
Overall the fundamentally broken market has been propped up with all sorts of gimmicks like alt coins, shit coins, splitting coins, merging coins etc. etc.
Finally there's the resources required to keep it all running. It costs nothing to put a paper bill in your pocket. It won't cost you more next week or next year.
With crypto this is different, the value gets lower (so you need more) but more crypto will require more and more energy for storage, upkeep and mining (which is more expensive).
I don't see how crypto can be viable a decade from now let alone 50 years. If it becomes a massive success it can't be sustained because of energy costs but if it doesn't it's basially worthless.
-
Paper in pockets? What are you talking about? Do you think banking, credit cards, online transfers etc. require no energy?
Ethereum just reduced its energy usage by 99.95% It's obviously possible to not make cryptocurrency waste lots of energy, if that's what people want.
-
https://mobile.twitter.com/6d6f636869/status/1593425650919952384
-
Damn. Thought he couldn't get any lower after Balan...
-
Is that true about Bali?
Very interesting.
"wtf why do all these discord mods live in bali?"
-
Also, lmao:
https://sbfleaks.eth.limo/
Oh boy, sex tape time!
this. Vox "leaks" were a distraction from this video. More Eyes before the video can be Released. Updates Tomorrow on the SBF and Caroline Sex Tape Leak.
:beli
-
My raging boner remains unsatisfied :goldberg
-
Sold TSLA
Tesla Inc
TESLA INC $222.50
:salutespoiler (click to show/hide)
I bought at $295.16 so a loss but I think its going to keep going down
198.71 USD −8.76 (4.22%)
today
:whew
189.56 USD −7.52 (3.81%)
today
:whew
The James Fund instinct is still strong bois
183.05 USD −8.25 (4.31%)
today
It's going down, I'm yelling timber
You better move, you better dance
The $169 floor has been broken
Next stop is 150
-
https://www.youtube.com/watch?v=FDqhM7vHR2o
~15:15
Bloomberg 👏 Is 👏 Trash 👏
-
https://twitter.com/jason_koebler/status/1594720003923722240
-
https://twitter.com/arstechnica/status/1594778302677651456
:pika
-
https://twitter.com/arstechnica/status/1594778302677651456
:pika
I don't mind an "assistant," but my Alexa Dot will offer me shopping tips, subscription services, and basically tries to sell me something every time I've ever asked it ANYTHING.
-
Alexa was a big moneymaker as a novelty at first so I assume they poured money into it assuming it would just print more and the article seems to indicate that is true despite never figuring out what part of it will do the moneyprinting:
Just about every plan to monetize Alexa has failed, with one former employee calling Alexa "a colossal failure of imagination," and "a wasted opportunity." This month's layoffs are the end result of years of trying to turn things around. Alexa was given a huge runway at the company, back when it was reportedly the "pet project" of former CEO Jeff Bezos. An all-hands crisis meeting took place in 2019 to try to turn the monetization problem around, but that was fruitless. By late 2019, Alexa saw a hiring freeze, and Bezos started to lose interest in the project around 2020. Of course, Amazon now has an entirely new CEO, Andy Jassy, who apparently isn't as interested in protecting Alexa.
The report says that while Alexa's Echo line is among the "best-selling items on Amazon, most of the devices sold at cost." One internal document described the business model by saying, "We want to make money when people use our devices, not when they buy our devices."
That plan never really materialized, though. It's not like Alexa plays ad breaks after you use it, so the hope was that people would buy things on Amazon via their voice. Not many people want to trust an AI with spending their money or buying an item without seeing a picture or reading reviews. The report says that by year four of the Alexa experiment, "Alexa was getting a billion interactions a week, but most of those conversations were trivial commands to play music or ask about the weather." Those questions aren't monetizable.
-
https://twitter.com/ryangrim/status/1595432125922217984
Tuckers confused face makes this clip haha
-
https://twitter.com/tomgara/status/1595117899143708674
-
https://twitter.com/Hedgeye/status/1597249523897753600 (https://twitter.com/Hedgeye/status/1597249523897753600)
-
https://twitter.com/AutismCapital/status/1598073756273942528
:dead
-
https://twitter.com/wallstmemes/status/1598101299605950464 (https://twitter.com/wallstmemes/status/1598101299605950464)
-
https://twitter.com/ryaneshea/status/1598094603106025472
-
https://twitter.com/GavinSBaker/status/1601261872296361984 (https://twitter.com/GavinSBaker/status/1601261872296361984)
Silicon Valley has invented a new 'lifehack' known as 'lay offs' to cut this thing called 'costs' :pika
-
https://twitter.com/AutismCapital/status/1602412930611707904
-
Autism Capital :dead
-
Silicon Valley has invented a new 'lifehack' known as 'lay offs' to cut this thing called 'costs' :pika
Stuck between :pika and :lol right now
-
Binance is falling apart too.
I logged into my Coinbase account and everything was gone. ???
There wasn't much on there but certainly something. :doge
Apparently if you don't login for a while your stuff just vanishes. :idont
-
Sam Bankman-Fried was arrested Monday in the Bahamas after U.S. prosecutors filed an indictment against him.
(WaPo)
There you go.
-
If I stole billions of dollars, I would be building twin mansions on private islands in Vietnam and Indonesia. No extradition to the US, but you need to be wary of local politics, so its important to keep a backup.
spoiler (click to show/hide)
Vietnamese women :whew :whew :whew
-
Tesla stock in freefall, you love to see it
158.74-9.09 (-5.41%)
Your boy sold at $222:)
-
Tesla stock in freefall, you love to see it
158.74-9.09 (-5.41%)
Your boy sold at $222:)
Don't worry, German carmakers have decided to make Homer's car real and also include RGB lights for gamers.
Tesla will go back up soon enough.
-
https://twitter.com/GoldTelegraph_/status/1602693209028976641 (https://twitter.com/GoldTelegraph_/status/1602693209028976641)
HODL?
-
(https://i.imgur.com/wg53wqr.png)
-
Sam Bankman-Fried arrested in Bahamas, charged with “massive” crypto fraud in US (https://arstechnica.com/tech-policy/2022/12/sam-bankman-fried-arrested-in-bahamas-charged-with-massive-crypto-fraud-in-us/)
:pika
-
Tesla stock in freefall, you love to see it
158.74-9.09 (-5.41%)
Your boy sold at $222:)
and if you had followed my advice and sold when Elon sold? :doge
-
Tesla’s stock is like Mario’s cape in SMW. It’s going down to build speed and fly back up.
Please… :rage
-
Despite what the shitlibs say the Tesla stock drop has little to do with Elon and more with worries about the economy and energy security in Europe (a growth market for Tesla) and some setbacks from other car brands.
Audi scrapped their own their self-driving car software for instance. Car brands are overall scaling back their plans and ambitions. Tesla however is still going ahead with the trucks and the self-driving cars.
-
Tesla’s stock is like Mario’s cape in SMW. It’s going down to build speed and fly back up.
Please… :rage
"It's up! It's up! It's-"
(https://i.imgur.com/BhF09pP.gif)
-
https://twitter.com/BadLegalTakes/status/1602694048279666688
https://twitter.com/AbrahamHamadeh/status/1602501692272123904
https://twitter.com/RepLeeZeldin/status/1602453543679676417
https://twitter.com/WTPAreTheNews/status/1602705072701456384
-
Probably time to drop some duckets on tsla again.
i know james is trying to tank their stock, but it's about time for a rebound.
-
Probably time to drop some duckets on tsla again.
i know james is trying to tank their stock, but it's about time for a rebound.
Wait for $130
-
https://twitter.com/anniegowen/status/1603071294316199937 (https://twitter.com/anniegowen/status/1603071294316199937)
Elections have consequences :trumps
-
Seems like that meeting should have been an email
-
Probably time to drop some duckets on tsla again.
i know james is trying to tank their stock, but it's about time for a rebound.
Wait for $130
Maybe after the next 5:1 split.
-
https://twitter.com/2HOT4AMC/status/1603371411283787777
I have nothing important to contribute.
-
Probably time to drop some duckets on tsla again.
i know james is trying to tank their stock, but it's about time for a rebound.
151.57 USD −6.10 (3.87%)
today
I might pick up one or two at $150 just in case, and then a few more at $140. There will be a bottom, eventually.
Edit:
Dipping my tiniest toe in
Buy 2 Shares TSLA TESLA INC Limit 149.00 Day Order
-
Tesla Inc
150.23 USD −7.44 (4.72%)
today
Never hit my number oh well
-
https://twitter.com/WhaleChart/status/1603830454691446784 (https://twitter.com/WhaleChart/status/1603830454691446784)
:pika
-
Carmack has resigned from Meta
I resigned from my position as an executive consultant for VR with Meta. My internal post to the company got leaked to the press, but that just results in them picking a few choice bits out of it. Here is the full post, just as the internal employees saw it:
-------------
This is the end of my decade in VR.
I have mixed feelings.
Quest 2 is almost exactly what I wanted to see from the beginning – mobile hardware, inside out tracking, optional PC streaming, 4k (ish) screen, cost effective. Despite all the complaints I have about our software, millions of people are still getting value out of it. We have a good product. It is successful, and successful products make the world a better place. It all could have happened a bit faster and been going better if different decisions had been made, but we built something pretty close to The Right Thing.
The issue is our efficiency.
Some will ask why I care how the progress is happening, as long as it is happening?
If I am trying to sway others, I would say that an org that has only known inefficiency is ill prepared for the inevitable competition and/or belt tightening, but really, it is the more personal pain of seeing a 5% GPU utilization number in production. I am offended by it.
[edit: I was being overly poetic here, as several people have missed the intention. As a systems optimization person, I care deeply about efficiency. When you work hard at optimization for most of your life, seeing something that is grossly inefficient hurts your soul. I was likening observing our organization's performance to seeing a tragically low number on a profiling tool.]
We have a ridiculous amount of people and resources, but we constantly self-sabotage and squander effort. There is no way to sugar coat this; I think our organization is operating at half the effectiveness that would make me happy. Some may scoff and contend we are doing just fine, but others will laugh and say “Half? Ha! I’m at quarter efficiency!”
It has been a struggle for me. I have a voice at the highest levels here, so it feels like I should be able to move things, but I’m evidently not persuasive enough. A good fraction of the things I complain about eventually turn my way after a year or two passes and evidence piles up, but I have never been able to kill stupid things before they cause damage, or set a direction and have a team actually stick to it. I think my influence at the margins has been positive, but it has never been a prime mover.
This was admittedly self-inflicted – I could have moved to Menlo Park after the Oculus acquisition and tried to wage battles with generations of leadership, but I was busy programming, and I assumed I would hate it, be bad at it, and probably lose anyway.
Enough complaining. I wearied of the fight and have my own startup to run, but the fight is still winnable! VR can bring value to most of the people in the world, and no company is better positioned to do it than Meta. Maybe it actually is possible to get there by just plowing ahead with current practices, but there is plenty of room for improvement.
Make better decisions and fill your products with “Give a Damn”!
-
Selling your soul usually isn't worth it, but I have to imagine it absolutely was for Carmack.
The damage is done, John. Meta own Oculus. Prima facie, you've ruined consumer VR for at least a decade.
-
It wasn't him who sold the company to Facebook.
-
He was a C-level executive at the time of the sale.
But he admits he shirked responsibility and avoided the hard fights, so you may end up being right he had nothing to do with it. But he should have.
-
Tesla Inc
150.23 USD −7.44 (4.72%)
today
Never hit my number oh well
Dodged a bullet, closed under $138 today
Ill try again at $125 :)
-
tesla stock gonna shock everyone when semi/ berlin/ cyber ramps up
I you want money buy tesla.
Musk is about to rebuy so much stock he's gonna get investigated for insider trading.
-
tesla stock gonna shock everyone when semi/ berlin/ cyber ramps up
I you want money buy tesla.
Musk is about to rebuy so much stock he's gonna get investigated for insider trading.
Yeah Elon is about to fucking murder these guys
(https://pbs.twimg.com/media/Fkc1ei2XkAExEx3?format=jpg)
-
These Tesla stock drops…
https://youtu.be/FmF_Phk6eIE
-
tsla will stabilize after 500 and then a split
bet
I need more money to bet :notlikethis
-
$WBD at $8 👀
-
https://www.reddit.com/r/Bitcoin/comments/zwvwg0/do_you_think_any_news_is_good_news_for_bitcoin/
(https://i.redd.it/tz351debxk8a1.jpg)
:neogaf :dead
-
https://www.reddit.com/r/Bitcoin/comments/zwvwg0/do_you_think_any_news_is_good_news_for_bitcoin/
(https://i.redd.it/tz351debxk8a1.jpg)
:neogaf :dead
i'm just thinking of those poor 10/10 instagram whores who has to go to dubai and literally get shat on by some sheik with a western complex in order to make just a fraction of what she managed to pull off
it's truly an unjust world :lol
-
https://www.reddit.com/r/CryptoCurrency/comments/zy2my3/twitter_user_wakes_up_after_a_5_months_coma_and/
:lol :lol :lol :lol :lol :lol
-
https://www.reddit.com/r/CryptoCurrency/comments/zz49fl/sorry_ftx_clients_but_youll_be_lucky_to_see/
Sorry FTX clients but you'll be lucky to see anything. I have to say it and I really feel bad for you all but you need a little dose of reality. I know a lot of you have never gone through this kind of thing before but let me offer an anecdotal example as to how bankruptcy works.
Back in 1999, I had sunk about 6K into a venture capital project. Government sponsored. Supposedly, all are on the up and up. It turned out to be a scam. The company running the fund went bankrupt, and all the remaining assets went into receivership. We were all told that we'd receive a payout once the auditors had concluded their business and the remaining assets were liquidated. At the time I had roughly 40 shares valued at about $150 each.
So we waited and waited. Every so often, I'd get a notice from the auditors telling me what my aprox value was. In 2005, I received a payout of about $500 and was told more was to come. Then, in 2011, I received my final payout. My share were valued about $0.25 so it came out to $10 and the file was closed.
Where did everything go? Accounting fees, receivership fees, and most importantly, lawyers. Every single claim was dragged into court, and the remaining funds were bled dry until 12 years later, but there was almost nothing left. Now that's with a regulated fund. FtX was anything but. Every single claim is going to be dragged out and litigated to death and its going to cost a fortune.
Sorry, but cut your losses, take it off your books. And accept that it's over. Again, I'm really sorry to have to say this as I know a lot of you are hurting, but it's better to face reality now.
-
https://twitter.com/vxunderground/status/1609969671179993088
Help please
-
Maybe ask the BitcoinHackers.org? :dice
-
https://twitter.com/BarrySilbert/status/1609926715454771200 (https://twitter.com/BarrySilbert/status/1609926715454771200)
(https://abload.de/img/barmitzvah7sdlu.png)
$900 million worth of poor decisions.
Who needs banks, we can all use digital monopoly money distributed by tech bro's to get rich quick :smug
-
https://twitter.com/BarrySilbert/status/1609926715454771200 (https://twitter.com/BarrySilbert/status/1609926715454771200)
(https://abload.de/img/barmitzvah7sdlu.png)
$900 million worth of poor decisions.
Who needs banks, we can all use digital monopoly money distributed by tech bro's to get rich quick :smug
Crypto investors rn:
https://www.youtube.com/watch?v=YAKOWcs8w54
-
https://twitter.com/vxunderground/status/1609969671179993088
Help please
:dead
Crypto will collapse to general irrelevancy in 2024, book it. Holding crypto will be like having a Xanga these days.
-
https://www.youtube.com/watch?v=386p68_lDHA
People are just... so dumb... :dead
-
So how many corpo's are going to make failing car brands next?
https://twitter.com/Sony/status/1610811901457453062 (https://twitter.com/Sony/status/1610811901457453062)
Should've just called it the PlayStation Car.
-
Afeela like this is gonna bomb hard.
-
https://www.youtube.com/watch?v=386p68_lDHA
People are just... so dumb... :dead
YOU CAN'T HATCH?!
-
The problem with 'investors' like the peeps buying those eggs. They don't understand the risks.
Someone like Logan just bets on a dozen different projects. Some work, some don't and some never come out at all.
And all these things are launched by shady people as that's what you need to be to compete in this space.
Software development is also risky business, as it never goes the way you think it does.
In short if you happen to back the right thing (the energy drink), you win big. If you backed one of the projects that didn't make it? Well, sucks to be you. :trumps
-
I like eggs
-
Also, invest or rather play with money you can miss.
Don't dump your life savings into a YouTube hustle, wtf is wrong with you breh :snoop
-
Afeela like this is gonna bomb hard.
https://www.reuters.com/business/autos-transportation/sonys-new-afeela-electric-vehicle-with-honda-use-qualcomm-tech-companies-say-2023-01-05/
Sony's long-awaited push into electric vehicles - it announced the venture with Honda in March - shows how manufacturers are increasingly focused on the cockpit experience in cars, which offers the potential to sell content via subscription services cars, especially as autonomous driving capabilities improve.
(…)
Sony is also looking to harness its traditional strengths in sensors. The Afeela will be equipped with more than 40 sensors, Mizuno said. The car will use the "Unreal Engine" 3-D creation tool from Epic Games, the maker of the "Fortnite" series of games.
:mindblown
-
Mutahar and Coffee won
(https://pbs.twimg.com/media/Fl2N_yFWQAEEMbX?format=jpg)
-
:trumps Kinda unexpected, I wish more internet knobheads would do the same.
-
https://twitter.com/AndurandPierre/status/1612050453201817600
u know what to do
-
https://twitter.com/anasalhajji/status/1611985869132673024 (https://twitter.com/anasalhajji/status/1611985869132673024)
:elon
-
I've made 8% in 10 days.
I need to start a hedge fund.
-
https://twitter.com/SBF_FTX/status/1613525392555667458
He made a substack :lol
https://sambf.substack.com/p/ftx-pre-mortem-overview?utm_source=profile&utm_medium=reader2
-
Is he on bail or is he stackin from jail?
-
On bail in his parents house with full access to the internet.
-
not subbing to another substack but maybe would to an SBF/FTX polycule onlyfans out of curiosity
-
Crypto investors rn:
https://www.youtube.com/watch?v=YAKOWcs8w54
This is one of those things I'm always trying to quote but I'm pretty sure no one, not even Sunny fans if I don't mention D&B's, will know what it's a reference to.
Also Mac doing that BOOOOOOOM over them "selling" off their last alcohol is seriously one of the funniest random things Rob's done. Mac's just so excited about it.
-
$WBD at $8 👀
Shoulda bought :/
-
spacex valued at 140 billion, privately shaaring aaround 70-90 bucks a share.
IP this year or next year
-
spacex valued at 140 billion, privately shaaring aaround 70-90 bucks a share.
IP this year or next year
Elon Musk is absolutely killing it.
He just dropped the hammer on the car market. All Tesla's have been discounted, some are now 20% cheaper.
Legacy car makers could barely break even on their EV cars as is. He's going to absolutely destroy them.
-
Elon Musk is absolutely killing it.
He just dropped the hammer on the car market. All Tesla's have been discounted, some are now 20% cheaper.
Legacy car makers could barely break even on their EV cars as is. He's going to absolutely destroy them.
Its a going out of business sale Nintex
-
spacex valued at 140 billion, privately shaaring aaround 70-90 bucks a share.
IP this year or next year
Elon Musk is absolutely killing it.
He just dropped the hammer on the car market. All Tesla's have been discounted, some are now 20% cheaper.
Legacy car makers could barely break even on their EV cars as is. He's going to absolutely destroy them.
used car salesmen on suicide watch
https://twitter.com/GuyDealership/status/1614068326807883776
https://twitter.com/GuyDealership/status/1613888113583001601
-
What a completely unpredictable set of causes and effects.
-
https://twitter.com/readDanwrite/status/1616453244561297408 (https://twitter.com/readDanwrite/status/1616453244561297408)
12k fired at Google :trumps
-
All these tech company layoffs seem coordinated :tinfoil :info
-
There's unwritten rules to this. First, you don't fire people before the (midterm) elections as 'your side' needs their votes. They'll likely vote against your company interests if you fire them.
Second you don't fire them before Christmas because that's a PR nightmare. You also don't want to fire them too close to the end of the fiscal year (March for most publicly traded companies).
So you fire them late January when no one gives a shit and is too busy getting their own asses in gear.
Because most companies don't hire until after March this means they will get recruited by the military because we need to honor our pact with Lucifer and feast on their blood, wait what?
-
All these tech company layoffs seem coordinated :tinfoil :info
Big companies that in hindsight massively over-hired doing the COVID tech boom, yeah.
-
Imagine betting against Tesla
-
Imagine betting against Tesla
The richest guy in the world who pioneered internet payments, electric cars, commercial space ventures and provides the Ukrainian army with their only reliable method of communication is stupid and doesn't know what he is doing.
I would refer you to some people who know what they're doing but they've just been fired from their jobs because they didn't meet their weekly clicks quota.
-
Imagine betting against Tesla
"Imagine betting against Google" (https://www.nytimes.com/2023/01/20/business/google-alphabet-layoffs.html)
From one fanboy to another, it won't last. It never does.
-
Imagine betting against Tesla
"Imagine betting against Google" (https://www.nytimes.com/2023/01/20/business/google-alphabet-layoffs.html)
From one fanboy to another, it won't last. It never does.
Google the failure financially.
lol
-
Maybe Facebook would have been the better example, but no one's a fan of Facebook :trumps
-
Maybe Facebook would have been the better example, but no one's a fan of Facebook :trumps
even facebook is a bad example as the wealth it's created is insane.
be better rex
-
I looked at my pension the other day that I've been investing into for a decade, and it's currently worth 30% less than the money I put in in the first place :-\
I'm glad I only own a few Tesla stocks. My brother went all in on Tesla and was like 400% up for a while when it was riding high and now that's all gone.
My Nintendo/Sony/MS stocks taking less of a hit than my index fund, Amazon and Tesla. Always bet on videogames in the long run :)
-
be better rex
(https://i.imgur.com/M210ERC.gif)
-
I looked at my pension the other day that I've been investing into for a decade, and it's currently worth 30% less than the money I put in in the first place :-\
I'm glad I only own a few Tesla stocks. My brother went all in on Tesla and was like 400% up for a while when it was riding high and now that's all gone.
My Nintendo/Sony/MS stocks taking less of a hit than my index fund, Amazon and Tesla. Always bet on videogames in the long run :)
Kinda crazy when people go over 100% and don't cash out their investemtn
-
I bought back into Tesla today on the advice of my COO, Nintex
-
i put all my money into gamestop at $350
-
tsla
: :lol
wish i had more money to put in early jan
:notlikethis
-
I am now the proud owner of 15 TSLA's
spoiler (click to show/hide)
should have bought in at $105 but I was depressed
-
Yall have till march to flatten out on tsla 300-400
Free advice
-
Yall have till march to flatten out on tsla 300-400
Free advice
TSLA to $60 by march you heard it here first
-
Yall have till march to flatten out on tsla 300-400
Free advice
ok bill gates
-
3:1 split ta 400 within 6 months, ramp back up to 300 by dec.
-
https://twitter.com/FoldableHuman/status/1620451426093920258
They never got around to opening the beyond section :(
-
https://twitter.com/FoldableHuman/status/1620451426093920258
They never got around to opening the beyond section :(
oh fuck just remembered i had put like $5k into BBBY that i never moved to gamestop :notlikethis
-
https://twitter.com/FoldableHuman/status/1620451426093920258
They never got around to opening the beyond section :(
oh fuck just remembered i had put like $5k into BBBY that i never moved to gamestop :notlikethis
will buy when its in the clearance section
-
Time to buy BBBY
-
I’d rather buy BBW :drool
spoiler (click to show/hide)
:aloy
-
TSLA back at 194.07
:doge
-
215 by end of day
-
TSLA back at 194.07
:doge
I forgot to invest :existential
-
Missed 215 by a few days. Damnit.
-
https://twitter.com/wallstmemes/status/1624199044397514754 (https://twitter.com/wallstmemes/status/1624199044397514754)
-
Series I bonds will climb past 7% :lawd
-
:pika
Yellen says Treasury Department 'carefully' watching crisis at 'a few banks'
https://finance.yahoo.com/news/yellen-says-treasury-department-carefully-watching-crisis-at-a-few-banks-153243680.html
:pika
-
https://twitter.com/WhaleChart/status/1634238095536078875 (https://twitter.com/WhaleChart/status/1634238095536078875)
https://twitter.com/CNBCJulianna/status/1634102673870929920 (https://twitter.com/CNBCJulianna/status/1634102673870929920)
:biden
-
https://twitter.com/wallstmemes/status/1634211229190307841 (https://twitter.com/wallstmemes/status/1634211229190307841)
-
Whats funny is that its basically the opposite of 2008
2008: We're going to go balls deep in the riskiest assets known to man
oops
2023: We're going to go balls deep in the safest assets known the man
oops
-
Whats funny is that its basically the opposite of 2008
2008: We're going to go balls deep in the riskiest assets known to man
oops
2023: We're going to go balls deep in the safest assets known the man
oops
Most European banks are hardly banks and completely useless. After 2008 most of them offer the same government issued and EU regulated mortgage, 0% interest savings account, national index fund or life insurance on a broken ass website because they closed most of their offices while the ECB prints money to wash away the pre-2008 toxic debt with inflation.
-
https://twitter.com/RyanMaue/status/1634319326202265604 (https://twitter.com/RyanMaue/status/1634319326202265604)
:lol
Next up: "The [INSERT MINORITY] community is really hit hard by this, plz bail out"
-
Bailing out the banks is going to do wonders for inflation
https://twitter.com/disclosetv/status/1634716099626381312 (https://twitter.com/disclosetv/status/1634716099626381312)
-
Whats funny is that its basically the opposite of 2008
2008: We're going to go balls deep in the riskiest assets known to man
oops
2023: We're going to go balls deep in the safest assets known the man
oops
How safe can an asset be when the generators of them say they're deliberately going to devalue them for seemingly forever after having already done this for over a decade? This is like the third time in four years the Fed/ECB has seen a market they deliberately fucked with crash. :lol
spoiler (click to show/hide)
I wouldn't be surprised that if like the other ones this is the result of the openly foreseeable consequences of something they did. :kermit
-
https://twitter.com/GRDecter/status/1634910649732964352 (https://twitter.com/GRDecter/status/1634910649732964352)
Does anyone involved in this know how to open a PDF? asking for a friend.
https://twitter.com/PriapusIQ/status/1634902654273855488 (https://twitter.com/PriapusIQ/status/1634902654273855488)
-
spoiler (click to show/hide)
I wouldn't be surprised that if like the other ones this is the result of the openly foreseeable consequences of something they did. :kermit
Guess who called it
https://twitter.com/JStein_WaPo/status/1635020457828298752
:bernie :bernie :bernie :bernie :bernie :bernie :bernie :bernie :bernie :bernie
https://twitter.com/SenSanders/status/1635043418761224192
-
Why did he list a bunch of things that weren't the result of a failure of regulation?
-
https://twitter.com/chimeracoder/status/1635062000853331969
:lol
-
https://twitter.com/chimeracoder/status/1635122685729722369
Well, yes, insider trading has been prosecuted for losing trades before, but this isn't insider trading just stupidity. :lol
-
iANAL?
Is that an Apple product I missed?
Also Silicon Valley bank and 'lifehack' bank runs are peak LinkedIn hustle culture.
All we need is to respond with some flames emoji's and meaningless comments like: "@hustlegrindvalley Great stuff!" , "@topgredpilled always FOMO BRO UP 400 MRR!!!", "@mrbusinessgeek Keep building Alex!", "@thot69 Me or a PS5"
-
iANAL?
Is that an Apple product I missed?
I Am Not A Lawyer
In case for some reason you think some engineer at Stripe has a law degree related to his hundred tweet thread on banking operation, financial regulation, etc. :lol
-
So I was investing my yearly pension into a safe ETF/Mutual Fund and looked at my pension account and it's worth -17% less than the cost basis of what I put in/aka if I had just left it all sitting in cash.
Most of this is because the "safe" Mutal Fund I put it into a decade ago and which is 50% of my portfolio has been total shit and is -17% down over the past five years.
Decided to ditch that and changed over to basic boring vanguard VOO Index ETF to put into from now on instead. I only invest like 20k/year into pension because I feel like my chances of living until I get pension money is 50/50, so it's not a huge deal. Even if I retire at 65 (ha ha ha) I'd probably only have enough in my pension to live on for a couple of years max unless I start investing more in.
My dad's almost in his 80s and still works, when you run your own business and don't have a government retirement fund or anything, basically seems like you just keep working until you die. That's what I'm assuming I will do. But it's not like I've got anything better to do during my M-Fs...
-
There's some that do a split mutual/index fund, though you would have still probably been down on the mutual side. Jerry "Even Steven" Seinfeld probably has a split one that always delivers him exactly 0%. You might want to consider getting out of an ETF form altogether for just a regular one or a mix since ETF's can be more volatile. (I know this now because I read that book.)
-
Also, just an aside, but I am terrible at investing. Definitely doing the worst out of all my family members, though I also have the lowest cost of living.
Everyone else owned good property prior to the 2020 housing 150% price jump. Plus my other family members have made better investments in things, even just better index funds than the one I was recommending by my financial advisor.
I have zero money in the stock market outside my pension.
My savings basically just sit in cash and get a little bit of interest from online banks. Doesn't even keep up with inflation.
After I buy a house and don't need all my savings liquid I'll at least stick them in a CD or something to get a little better %, but overall I'm just not making any money on money because I am terrible at investing.
Also when I do buy a house now at the absolute top of the market, a lot of my savings will be locked in a house which who knows if it will appreciate much beyond where were at for the forseeable future.
I just suck at this, but luckily I make enough salary that as long as I keep working until I die and business stays constant I'll be fine.
Maybe I'll meet and marry someone someday who is better with their investments than me. So far everyone I date has like $5 in their bank account.
-
vet this with your advisor but why not go for i-series bonds or t-bills? they're yielding something like 9% and 5% respectively, which is pretty good for a virtually risk-free asset right now compared with equities
-
https://twitter.com/Schuldensuehner/status/1635940215624695808 (https://twitter.com/Schuldensuehner/status/1635940215624695808)
Here-a-we-gooooo! :mario
-
https://twitter.com/charliebilello/status/1635982686111121408
-
Just curious: Bebpo, did you switch to VOO based on what your financial advisor told you? Did they give you a reason why? Also, he or she must have advised you not to hold cash in a savings account, too. No?
-
https://www.youtube.com/watch?v=GdfYnqyu7v8
This guy has some good content
-
Just curious: Bebpo, did you switch to VOO based on what your financial advisor told you? Did they give you a reason why? Also, he or she must have advised you not to hold cash in a savings account, too. No?
No, I switched to VOO after reading some financial websites talking about the ten best and most stable index ETFs/MFs in 2023. It's also rated like #2 on my financial institutes ranking whereas the other MF I'm in is rated something like #122.
I don't have a financial advisor currently. I had one initially who recommended the MF which was good back then. I keep cash in a savings account because I've needed it liquid for the last bunch of years as I've been looking for a house since it's my down payment money.
vet this with your advisor but why not go for i-series bonds or t-bills? they're yielding something like 9% and 5% respectively, which is pretty good for a virtually risk-free asset right now compared with equities
I don't know what these are. I'm tbh not very sophisticated in stock market stuff. I have a very small amount of bonds and an account manager who manages them for me and calls me up to buy stuff when he sees good deals.
-
Got it. A financial advisor might help you figure out if ETFs are better for you, tax-wise, than mutual funds based on what your finances look like. Mutual funds are actively managed and ETFs are more passive, so the former tend to have higher fees and expense ratios associated with them, but better downside risk protection (I know you lost money these past 2 years, but it could have been worse given the circumstances). ETFs tend to be more tax efficient and lower expense ratios because they don't offer as many shareholder services. Alot of this shit is tailored to your individual condition, which is why you'd go to an advisor. I can't really tell you what to do with your money because everything carries risk, bu I think your choice of the VOO is fine.
I don't know what these are. I'm tbh not very sophisticated in stock market stuff. I have a very small amount of bonds and an account manager who manages them for me and calls me up to buy stuff when he sees good deals.
Yeah, so just the very basic shit: A bond is just an instrument that represents a loan made by an investor (you) to a borrower (with i-bonds, it's the gov't). You're lending money to the gov't, and receive money when it matures after a period of time, at a fixed interest rate. I-Bonds use a more variable rate: they are issued specifically as protection against the inflation rate, determined to pay out based on the interest rate which serves as a protection against it - which is why the Fed raises rates to encourage people to buy-in, reducing the money supply to lower inflation. They're considered safe investments because they're low risk - at the end of the maturity period, they simply pay out. I-bonds are a type of bond that earns interest based on a semi-annual inflation rate based on changes in the consumer-price index - so it combines two different rates: a fixed rate and an inflation rate. They're meant to give investors a return and plus protection from inflation. i-bonds are considered very low-risk, largely because they can never decrease in value like treasury bonds, corporate bonds or stocks. The trade-off is that i-bonds also won’t pay out interest as income, but rather, the interest is added to the principal( the amount of money you invest in the bond). Twice a year, all the interest the bond earned in the previous 6 months is added to the principal value of the bond. That gives the bond the i-bond a new value (old value + interest earned). The i-bond rate is very high right now, so it's a safe investment but you must hold them for at least a year, and, if you decide to redeem them before five years have passed, you forfeit the previous three months’ worth of interest.. If you're sitting on money you're not using, and you don't want to risk anything, it's a good bet. Again, a financial advisor would help you figure out whats best for you.
-
Sam Bankman-Fried transferred $2.2bn in FTX customer funds for personal use, filings show
:pika
https://www.thenationalnews.com/business/money/2023/03/16/sam-bankman-fried-transferred-22bn-in-ftx-customer-funds-for-personal-use-filings-show/
-
Look, at a certain point you just have to start doing all the crimes in the time you have left.
-
The altruism is very effective
-
He tried to get their money back by investing it in a great new opportunity that couldn't possibly fail.
-
The altruism is very effective
Are you suggesting that the most effective place to put money is not with a guy who suddenly found $2.2 billion to use? Every dollar he left in the customer accounts was a dollar wasted rather than being maximized effectively.
-
https://twitter.com/joeprkns/status/1635933638725451779
https://www.reddit.com/r/ChatGPT/comments/11t7t21/250b_of_indias_exports_are_gpt4_tokens_let_this/
how do i short india?
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https://twitter.com/joeprkns/status/1635933638725451779
https://www.reddit.com/r/ChatGPT/comments/11t7t21/250b_of_indias_exports_are_gpt4_tokens_let_this/
how do i short india?
I tried to make a block stacking animation in Three JS with Chat GPT-4 today.
The first attempt the blocks were floating and flashing but not falling. The second attempt the blocks fell but didn't stack because the blocks never landed at the bottom of the screen.
The third attempt the blocks fell upwards but still didn't stack. The co-pilot thing works great but having AI's built your code from scratch is still tricky. I did give me some good pointers and suggestions on how to improve my own version of the same code though.
Also it was very realistic in terms of interacting with a developer: "thanks for your suggestion, I've rewritten the code to make sure the blocks stack"
"Your code is broken because the first block never stops at the edge of the screen"
"Thank you, let me try again. I've improved my code so now the first blocks stop and it stacks"
"Your blocks are now moving up"
"This is not possible, have you tried changing the variable "falling.block" to "true" ?"
At some point it gave up and said: "I'm a language model, I can't write code but here's some pointers for you to write it yourself"
In any case, only 186 banks left to bail out :lol
https://twitter.com/financialjuice/status/1636817207064768512 (https://twitter.com/financialjuice/status/1636817207064768512)
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https://twitter.com/WallStreetSilv/status/1637513669184462848 (https://twitter.com/WallStreetSilv/status/1637513669184462848)
:idont
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:bernie
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https://twitter.com/disclosetv/status/1637527867104829444 (https://twitter.com/disclosetv/status/1637527867104829444)
Reports that 2 more European banks on the brink.
Probably Deutsche Bank
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Its a disgrace the banks kind of have us by the balls and know they will be bailed out, which makes it free money to them they're playing with.
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https://twitter.com/macro_dose/status/1637571045296046081 (https://twitter.com/macro_dose/status/1637571045296046081)
Seeing more and more stonk folks argue that the FED/ECB should backstop ALL the banks :lol
https://twitter.com/TKL_Adam/status/1637521918667419649 (https://twitter.com/TKL_Adam/status/1637521918667419649)
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Normies must not give a shit about this, cos you'd think there would be an epic global bank run, looking at past scares like toilet roll early in the planny, the masssive 2 week run on petrol in the UK based on 2 whole stations nationwide being out of petrol on a single day etc.
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They just make it too complicated with 'technical' terms.
https://twitter.com/ecb/status/1637559761976664064 (https://twitter.com/ecb/status/1637559761976664064)
If you say: "The bank is on fire" people panic if you say "We're implementing a policy to provide additional liquid to the out of control heat source" everthing sounds under control.
https://twitter.com/TheInsiderPaper/status/1637606795723120646 (https://twitter.com/TheInsiderPaper/status/1637606795723120646)
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Wonder if anymore banks will blow up this week
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Wonder if anymore banks will blow up this week
https://twitter.com/TheInsiderPaper/status/1637848976480260098 (https://twitter.com/TheInsiderPaper/status/1637848976480260098)
:idont
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Normies must not give a shit about this, cos you'd think there would be an epic global bank run, looking at past scares like toilet roll early in the planny, the masssive 2 week run on petrol in the UK based on 2 whole stations nationwide being out of petrol on a single day etc.
Bank failures happen all the time, thousands of banks failed in a couple years twice in the 1980's for example, I think it was close to 500 during 2007-09. Normies in Western nations are covered by the government, why would they withdraw their money so they can put it in another bank?
The people needing non-standard coverage in bailouts are the ones actually doing bank runs coordinated online and drawing down the capital holdings of the failed banks.
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re: first rep
Both banks are headquartered in San Francisco and drew clients from the region’s tech and venture capital spaces. Not looking good
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https://twitter.com/unusual_whales/status/1637983257726730240 (https://twitter.com/unusual_whales/status/1637983257726730240)
:pika
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They have to "study ways" to do something they've done before? Just ignore the FDIC and the law, have the Fed setup a special vehicle, dump a bunch of "cash" in it, wait for bank to collapse, give "cash" to some other bank to buy the shell if they use some of it to backstop the accounts.
This is almost literally what they did a decade ago. :lol
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https://twitter.com/AP/status/1640726602043588609
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Managed to cash out my remaining crypto from Binance but it was quite a struggle.
Because of the sanctions Binance has been restricted in Europe, so I had to sell my DOGE, convert it to BTC, send the BTC to coinbase and use coinbase to transfer the money to my PayPal account.
Again thanks to Elon Musk for bailing me out :rejoice
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https://twitter.com/roywoodjr/status/1650589020521365504
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https://twitter.com/JosephPolitano/status/1653866275582476288
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https://twitter.com/dril/status/1659196039872774148
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https://twitter.com/jon_bois/status/1669039335910301699
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Tesla stock this year
+162.61 (150.43%)
year to date
Someone needs to take care of the Musk problem
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I keep hearing about peeps jumping on Nvidia stocks.
They don't know about all the unsold inventory or they're just really bullish on the AI thing.
I get it, Nvidia is good on AI and Switch 2 will probably be a big hit also. But the car stuff is not going anywhere and all those unsold Geforces... I dunno. :doge
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https://twitter.com/petapixel/status/1704542490102219022
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buy worthless sell high, benj!
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https://twitter.com/Slatzism/status/1712455411293454489
https://twitter.com/Slatzism/status/1712551144113975478