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thinking about buying a couple scratch offs today
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Jan 28, 2021 17:54
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Mr_Companie posted:This is all a Prisoner's Dilemma game playing out in real life. Like, of course a bunch of people decided to sell at 450 dollars! The short sellers are gonna come in and take everybody's lunch like they planned on doing the whole time. the shorts are still screwed even at like $50 lol. ofc there will still be idiots who keep holding it until it craters into the ground but i still dont see any [market] solution for the shorts to get out of this
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Jan 28, 2021 17:55
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eSports Chaebol posted:the shorts are still screwed even at like $50 lol. ofc there will still be idiots who keep holding it until it craters into the ground but i still dont see any [market] solution for the shorts to get out of this
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Jan 28, 2021 17:57
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People are still buying on 'real brokarages' watching live on Youtube, you can see it climb, than it drops 10 bux in one second when the shorters sell off, they are still getting killed though lol!
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Jan 28, 2021 17:58
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Aardvark! posted:thinking about buying a couple scratch offs today Give me your money and I’ll buy only the best scratch offs I wear a bow tie, you can trust me
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Jan 28, 2021 18:00
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maniacripper posted:Yeah this is either going to fizzle out or get turbo charged and I'm betting heavily on the latter.
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Jan 28, 2021 18:01
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I'm too poor to buy stocks but this whole thing is a wild ride to watch at least. Pretty funny watching all the big companies and press freak out because of it.
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Jan 28, 2021 18:04
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N. Senada posted:Give me your money and I’ll buy only the best scratch offs Whoa, hey, maybe you know this guy right here:  he gave me free money.
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Jan 28, 2021 18:05
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Panic! At The Tesco posted:I'm too poor to buy stocks but this whole thing is a wild ride to watch at least. Pretty funny watching all the big companies and press freak out because of it. Its mainly the rich people freaking out about it because wah wah wah poor people cant play by the same rules we do. It's literally class war and im loving every second of it. Either way someone is gonna lose big because of it. And because the stock is dropping hard right now then Reddit users are the ones losing out.
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Jan 28, 2021 18:07
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Michael Corleone posted:People are still buying on 'real brokarages' watching live on Youtube, you can see it climb, than it drops 10 bux in one second when the shorters sell off, they are still getting killed though lol! Somebody is buying because it’s about 270 now Lmao
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Jan 28, 2021 18:08
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it's ok i've sold all my gamestop shares and am buying up electronics boutique
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Jan 28, 2021 18:08
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Once again goons were wrong about everything that I could be a millionaire right now
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Jan 28, 2021 18:12
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Katamari Democracy posted:Its mainly the rich people freaking out about it because wah wah wah poor people cant play by the same rules we do. It's literally class war and im loving every second of it. Yeah it's hilarious seeing the fat cats try everything they can to stop it. A lot of bullshit articles and stuff keep coming out as well to try and scare people off to help save the big boys. Of course by now it's probably too late to get in on this if you actually want to make money, but the early reddit investors could still do pretty well out of it. Who knows, this is unprecedented and the r/wsb hype is still on the rise. A lot of people seem to just be genuinely in it for the 'gently caress the system' part and don't care if they lose their money as well, and I salute those people. Jesustheastronaut! posted:Once again goons were wrong about everything that I could be a millionaire right now I listened to goons twice in the past. Once at the start of bitcoin when everyone here thought it would go nowhere. And once when everyone in a games thread said Earth Defence Force was great and I went and bought it and it was poo poo. Never listen to goons imo.
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Jan 28, 2021 18:15
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Amarcarts posted:This poo poo is the first significant shake the market has had since last March and the big institutions are going to start profit-taking on a lot of their massive gains over the last 9 months to protect themselves from short-term volatility. We're already seeing everything contract. It's not guaranteed to result in another giant crash and it's really impossible to time the bottom on these things, but the "miracle of 2020" for the stock market may be over. Thanks Biden! No, really, if the market crashes people will be lining up to blame it on Biden.
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Jan 28, 2021 18:15
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Panic! At The Tesco posted:I listened to goons twice in the past. Once at the start of bitcoin when everyone here thought it would go nowhere. And once when everyone in a games thread said Earth Defence Force was great and I went and bought it and it was poo poo. Never listen to goons imo. what bitcoin taught me is that something can be less than worthless by its own merits but if enough other people don't realize that then it will be worth something
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Jan 28, 2021 18:17
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Mozi posted:what bitcoin taught me is that something can be less than worthless by its own merits but if enough other people don't realize that then it will be worth something hey this is why donald trump was president for four years AMC will probably be next
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Jan 28, 2021 18:18
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Im up $100 on Dogecoin 
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Jan 28, 2021 18:24
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I find it pretty infuriating that an app is going to tell me I cant buy a stock when the market is open and has no restriction on it. Just closed my Robinhood account even though I did not and never would have had a position in GME/AMC.
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Jan 28, 2021 18:26
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Not GME, another one did.
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Jan 28, 2021 18:29
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schreibs posted:I find it pretty infuriating that an app is going to tell me I cant buy a stock when the market is open and has no restriction on it. Just closed my Robinhood account even though I did not and never would have had a position in GME/AMC. Rod Hoofhearted posted:https://twitter.com/aoc/status/1354833285386543105?s=21 lmao when even Ted Cruz thinks you're up to some unethical bullshit.
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Jan 28, 2021 18:29
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I'd love to hear the reason all these brokers are suddenly preventing people from buying certain stocks.
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Jan 28, 2021 18:31
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Proficient Scoundrel posted:this could end up coming out of a lot of pension plans for union workers etc you gotta break a few eggs to make an omelette
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Jan 28, 2021 18:32
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Away all Goats posted:I'd love to hear the reason all these brokers are suddenly preventing people from buying certain stocks. https://blog.robinhood.com/news/2021/1/28/keeping-customers-informed-through-market-volatility Robinhood claims to just be protecting the little guy and keeping everyone informed LOL
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Jan 28, 2021 18:32
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Away all Goats posted:I'd love to hear the reason all these brokers are suddenly preventing people from buying certain stocks. They and their institutional friends are losing money. That's the only reason they need.
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Jan 28, 2021 18:33
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kazr posted:Redditors pumping up Gamestop that ruins a few hedge funds and crashes the stock market is extremely the roaring '20s Technical Note: Today atm there have been around 36 million trades of Gamestop, the average trades per day for the S&P 500 is around 4.9 billion. While the situation is hilarious, the greater stock market isn't really going to notice.
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Jan 28, 2021 18:36
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What if in an ideal situation NO ONE SOLD and was for the 'cause' how much would it go to and how much would the shorters lose and what would be the endgame for the whole thing?
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Jan 28, 2021 18:36
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Michael Corleone posted:What if in an ideal situation NO ONE SOLD and was for the 'cause' how much would it go to and how much would the shorters lose and what would be the endgame for the whole thing? Hate to break it to you but you are not going to get a reliable answer to this question.
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Jan 28, 2021 18:37
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My buddy bought like 5 shares each of GME & AMC this morning so he could have "something to give his daughters in a few years" I wish him luck!
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Jan 28, 2021 18:40
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WhyteRyce posted:Ja's got your back These lawsuits are gunna be some lols. Ted Cruz and AOC both want investigations into Robinhood which is.. insanity. Would not want to be a Robinhood employee right now.
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Jan 28, 2021 18:40
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I feel like a genius for buying AMC stock last month at $2. At the same time, I feel like a complete loving idiot because I only had $150 cash in my account at the time and I didn't feel like selling any of my other stocks, so in the end I only made like $850. That was probably a smart decision at the time but still, ouch. Oh well, free money! vv Yup, that's exactly why I bought it, I was brainstorming which companies were likely to pick up once the vaccines rolled out and AMC seemed to be the most under-valued at the time. Now I'm thinking airlines or cruise lines but I'm no expert, this is like betting on sports. Fun as long as you don't do something stupid like YOLO your life savings on a risky stock. bees everywhere fucked around with this message at 18:55 on Jan 28, 2021 |
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Jan 28, 2021 18:41
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AMC at least has light at the end of the tunnel with the vaccine. The economy is likely to surge like gangbusters once people are comfortable integrating again. Movies are one thing a LOT of people miss. No one wants to sit at home to watch this poo poo anymore. It's like prison in here.
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Jan 28, 2021 18:43
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The Postman posted:https://blog.robinhood.com/news/2021/1/28/keeping-customers-informed-through-market-volatility It's in Robinhood's best interest to prevent their customers from hurting themselves, their customers can't make stock trades if their blew all their money on a pump and dump scheme.
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Jan 28, 2021 18:45
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Robinhood has always been poo poo, they had that margin bug not so long ago. This time all the brokerages are in on it though
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Jan 28, 2021 18:48
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mikemil828 posted:It's in Robinhood's best interest to prevent their customers from hurting themselves, their customers can't make stock trades if their blew all their money on a pump and dump scheme. extreme lol at this bs. "The little guy is too stupid to play the game properly we have to protect them."
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Jan 28, 2021 18:52
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mikemil828 posted:It's in Robinhood's best interest to prevent their customers from hurting themselves, their customers can't make stock trades if their blew all their money on a pump and dump scheme. That’s bullshit. If people don’t understand the risks of investing, especially into an obvious bubble, that’s on them. Robinhood is protecting the short position Is Robinhood preventing people from investing in other stocks with no perceivable growth potential? Why not?
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Jan 28, 2021 18:58
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Probably some light death and other threats were sent to old robin hood
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Jan 28, 2021 19:01
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Away all Goats posted:I'd love to hear the reason all these brokers are suddenly preventing people from buying certain stocks. Because the bigger fish told them to. 
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Jan 28, 2021 19:03
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It'd be cool if this had a similar effect to the maga cult, except instead of hating minorities a shitload of people suddenly realized rich people actually loving suck and shouldn't be admired.
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Jan 28, 2021 19:03
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It's hard to believe Robinhood survived that "free money code" margin bug in 2019. They're in the news for monumental gently caress-ups a lot.
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Jan 28, 2021 19:04
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I've questioned why option trading was legal for years. The SEC should drop the hammer on that bullshit. Especially short positions. It's all degenerate gambling. & yes we are in a massive bubble. The past year especially has been insane. Everyone and their brother is in the market and almost no one had losses last year. Even the "let me listen to random broke rear end youtubers" people I know broke even & some who did really dumb poo poo were up 40% at the end of the year. They're all continuing to gamble, some even quit their jobs to be "day traders" because they're making a few thousand per day on random bullshit trades with >90% of their savings. It's y2k bubble all over again but for entirely different reasons. quote:lmao when even Ted Cruz thinks you're up to some unethical bullshit. Khorne fucked around with this message at 19:30 on Jan 28, 2021 |
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Jan 28, 2021 19:04
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