Jon Carbuncle posted:

lol, just bought 75 shares of AMC

I think the gremlin is poised to make a comeback

soup. posted:

LOCKED OUT OF MY loving TERMINAL GOD DAMNIT

Dr. VooDoo posted:

the poors are making money and I am losing money WE NEED REGULATIONS THIS ISN’T RIGHT

fanfic insert posted:

i keep putting in a sell order on one of my two GME shares and then deleting it as soon as the ticker gets within $5

i bought in at 91 and ive been doing this since 130 yesterday.

The money used if not for this omegalulsrocketride wouldve been spent on snacks and weed, if i lose it all i'll not eat chips or smoke weed for the last 2 weeks of this month.

anyone playing with any higher consequences than that during this is a dummy.

PyPy posted:

sell now

fanfic insert posted:

i keep putting in a sell order on one of my two GME shares and then deleting it as soon as the ticker gets within $5

i bought in at 91 and ive been doing this since 130 yesterday.

The money used if not for this omegalulsrocketride wouldve been spent on snacks and weed, if i lose it all i'll not eat chips or smoke weed for the last 2 weeks of this month.

anyone playing with any higher consequences than that during this is a dummy.

Mr Hootington posted:

https://twitter.com/BobOnMarkets/status/1354454142509588486?s=19

Mr Hootington posted:

https://twitter.com/BobOnMarkets/status/1354454142509588486?s=19

TMMadman posted:

So should i bother trying to get a few shares of AMC now?

Shinjobi posted:

Well, given my order isn't going through I guess my next step is finding what comes next after AMC

TMMadman posted:

So should i bother trying to get a few shares of AMC now?

Mr Hootington posted:

https://twitter.com/BobOnMarkets/status/1354454142509588486?s=19

PyPy posted:

this is incredibly funny

Iron Crowned posted:

I've made $3.90 today!

Shinjobi posted:

Well, given my order isn't going through I guess my next step is finding what comes next after AMC

my bony fealty posted:

robin hood let me get one half share of amc "partially filled" my order and then canceled the rest

gonna ride this $8 up or down baby awoo

PyPy posted:

sell now

PyPy posted:

number go up

cumshitter posted:

you have two loving shares dude, just realize the gains. dont market time them. you already are walking away a winner. gently caress, with two shares its like you worked a couple holiday shifts or something dont overthink it

Shear Modulus posted:

do you want to gamble

Mr Hootington posted:

https://twitter.com/BobOnMarkets/status/1354454142509588486?s=19

cumshitter posted:

ARAGGGGGAHHHHHHHHHHHHHHHGGGGGGGGGGGGGGGGGAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

mightygerm posted:

soup. posted:

LOCKED OUT OF MY loving TERMINAL GOD DAMNIT

Dr. VooDoo posted:

can’t wait for someone to introduce a bill in Congress with bipartisan support that bans retail trading and mandates individuals have to go through some hedge fund firm to make sure rich people’s money isn’t threatened again

dead gay comedy forums posted:

picking my brains here: depending on how friday goes, Marx might have been far more correct than ever considered possible when he thought that financial capital is the last boundary of capitalism, and thus financial capitalism consequentially it is final degree of development as the economy becomes abstracted

and looking from that angle, it is possible to squeeze in some sense that explains the gently caress: completely unhinged total class warfare emerging in the stock market? why not. If wages were the economic battleground for industrial capitalism, it could be very well the case that contemporary Marxism never considered that dividends (not in the technical strict sense, but rather in the general notion of yields and returns from the stock market) could become the field of battle of financial capitalism. all that was missing was a mean of mass access of brokerage, which was inevitable because financial capital cannot stop hankering for the capture of more, and looked at the proletariat and said "hey wanna play stonks for lols? you can make a free pizza for the weekend!" and that could have very well been the moment that the rope was sold

my god, I bow to the immortal science

soup. posted:

Dude who isn't paid much money to work in a fake job providing non-insights in a newspaper that doesn't exist covering a largely fictional industry engaged in buying and selling things that don't exist with the idea that there might be some future thing that could exist but whose terms of sale are largely manipulated by agreements to sell something in the future based on false statements about owning something that doesn't exist when it's really not owned but can expected to be owned in the future is upset about this situation because people might be taken advantage of

dads friend steve posted:

goddamn cspam is having some goodass posts today

quote:

A popular rebellion, organized by the powerless against the powerful. It might have failed in Washington, but it certainly seems to be working on Wall Street.

Driving the news: The market value of GameStop closed at more than $10 billion on Tuesday, on record volume of more than $26 billion.

The winners: A ragtag group of traders from Reddit and TikTok, led by a man calling himself “Roaring Kitty.”
The losers: Hedge-fund short-sellers wh0 are learning John Maynard Keynes's lesson the hard way — "The market can remain irrational longer than you can remain solvent."
How it works: Thanks to Robinhood and other stock-trading apps, trading options in GameStop (or BlackBerry, Bed Bath & Beyond or any other smallish company Wall Street traders have bet against) is easy, fun, and carries an irresistible commission of exactly $0.

Giant hedge funds like Melvin Capital now find themselves at the mercy of thousands of small investors using the internet to coordinate their buying attacks.
The bottom line: Short-selling — betting that a company's stock is going to fall — is a crucial element of efficient markets. But, thanks to Reddit, it has also never been more dangerous.

Wall Street veterans say the newbies' lack of experience and diversification mean they’ll eventually get crushed by their trades.
So far, however, the small guys are laughing all the way to the bank.

Dolphin posted:

BBBY baby