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Is this the boomer version of cum shitter? 
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Jan 29, 2021 01:36
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Stereotype posted:so there are 25.6m shares of GME apparently, which means at $300 a share the market cap is $7.7B. That's not even that much! Apparently this dipship hedgefund that started this all was worth twice that, and GameStop employs something like 60k people and has hundreds of stores all over the nation. When you loan the stocks you loaned to a guy who loans the stocks he loaned from you to some other guy
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Jan 29, 2021 01:36
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dogecoin comes back about once every two years, as a joke
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Jan 29, 2021 01:36
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Nothus posted:I love that being locked out of meme stocks made all that money spill into dumb poo poo like silver plays and 3rd rate crypto The best is that at first they kept locking whichever stock the meme money moved to which resulted in like American Airlines being halted. We've somehow gone from what should have been the failure and redistribution of a single hedge fund that made a really bad bet out to the masses into the concept of stocks themselves being destroyed.
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Jan 29, 2021 01:36
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Shep Smith doing his part to get more people onboard. God bless him.
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Jan 29, 2021 01:37
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Mr. Lobe posted:Not much what's updoge with you Mods?
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Jan 29, 2021 01:37
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Jesus this is the wildest ride I had 80k swing today I'm almost back up 20k AH on GME this is some poo poo going down tommorow
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Jan 29, 2021 01:37
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alarumklok posted:what the gently caress is doge the chief magistrate of the Most Serene Republic of Venice
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Jan 29, 2021 01:38
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Stereotype posted:so there are 25.6m shares of GME apparently, which means at $300 a share the market cap is $7.7B. That's not even that much! Apparently this dipship hedgefund that started this all was worth twice that, and GameStop employs something like 60k people and has hundreds of stores all over the nation. leverage. they took out loans for a bet with infinite risk (losses arent capped with shorting). their losses arent linear down to 0, they're exponential and can go very very negative as for how these people got billions of dollars in low interest loans for their stupid stupid bet 
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Jan 29, 2021 01:38
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this notably more positive spin from cnbc in the last couple of hours is making me nervous. like they've figured out the optimal way to make money from this and screw everyone over and it's time to cash out. idk
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Jan 29, 2021 01:38
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Bearjew posted:this post has been reported by taintrunner 
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Jan 29, 2021 01:38
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Farm Frenzy posted:dogecoin comes back about once every two years, as a joke It's gone up 1000% in the past month. To a whopping like 4.5 cents.
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Jan 29, 2021 01:39
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all stocks should be in the form of cryptocurrencies so they can be appropriately traced and verified. all these loving indistinguishable stocks playing havoc with the world.
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Jan 29, 2021 01:39
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Lol my room-mate from like 3 years ago lost all his money on dogecoin while attempting to get everyone else into it. Time is a flat circle, don't buy crypto
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Jan 29, 2021 01:40
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Admiral Ray posted:all stocks should be in the form of cryptocurrencies so they can be appropriately traced and verified. all these loving indistinguishable stocks playing havoc with the world. what if there were no stocks
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Jan 29, 2021 01:40
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Holy poo poo Marjorie Taylor Greene is a loving monster for going after Hogg like that.
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Jan 29, 2021 01:40
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Stereotype posted:so there are 25.6m shares of GME apparently, which means at $300 a share the market cap is $7.7B. That's not even that much! Apparently this dipship hedgefund that started this all was worth twice that, and GameStop employs something like 60k people and has hundreds of stores all over the nation. losses on a short squeeze are exponential the closer your short position was to zero relative to how high the current stock price is $6 short for a $240 stock is a 4000% loss while a $120 short on a $240 stock is only a 200% loss combine that with the 140% short stake at that almost zero price and math just exponentially hosed them by an exponential factor
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Jan 29, 2021 01:40
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Yossarian-22 posted:I've made $1000 on doge today lmao Yeah this is nuts lmao. And i just bought earlier this week.
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Jan 29, 2021 01:41
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witchy posted:leverage. they took out loans for a bet with infinite risk (losses arent capped with shorting). their losses arent linear down to 0, they're exponential and can go very very negative thought this said infinite isk and I was reading the eve thread and this still made complete sense
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Jan 29, 2021 01:41
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Jan 29, 2021 01:42
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Jiro posted:Holy poo poo Marjorie Taylor Greene is a loving monster for going after Hogg like that. agreed OP
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Jan 29, 2021 01:42
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twoday posted:what if there were no stocks then how can workers collectively own the means of production? from each brokerage firm to each worker, just as Kurl Marps said.
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Jan 29, 2021 01:42
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Unsinkabear posted:If I want to get in on the class war, what platforms are no-fees (or whatever particular advantage it was that made this accessible to the little people) like Robinhood but not shadily defending hedge funds? does it matter? the fees are like a buck or something per trade and youre trying to get in on something thats supposedly a rocketship.
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Jan 29, 2021 01:42
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Bearjew posted:this post has been reported by taintrunner Lmao
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Jan 29, 2021 01:43
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Neurolimal posted:Lmao
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Jan 29, 2021 01:43
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Jan 29, 2021 01:43
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Abongination posted:Lol my room-mate from like 3 years ago lost all his money on dogecoin while attempting to get everyone else into it. How fast does the bottom fall out generally?
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Jan 29, 2021 01:43
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Xaris posted:sign up for a Vanguard Brokerage account, dont use Robinhood. How many days does it take to establish a vanguard account? I started a Schwab but read that it took 3 days.
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Jan 29, 2021 01:43
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i would like to work for the SEC because i would actually go after poo poo and have to get reigned in like mcgarnagle "you did a good job busting up robinhood cumshitter. but did you have to break so much furniture?" "you tell me chief, im sure you had a good view from your zoom meeting"
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Jan 29, 2021 01:44
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man i just want a guaranteed fast safe reliable method to make money but im not rich enough to do that
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Jan 29, 2021 01:44
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Vox Nihili posted:Jesus, Tainty's view on the George Floyd protests is incredibly telling. He's right also you just wanna own him because brie owned you.
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Jan 29, 2021 01:44
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shyduck posted:anybody else's Robinhood buying power just not coming in Yeah, their servers are absolutely hosed. Buy orders aren’t happening either.
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Jan 29, 2021 01:44
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i dont need the gun, i just like to wave it around while im demanding the internal corporate memos
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Jan 29, 2021 01:45
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Free Taintrunner. Everyone else gets to make a bad post every once in a while, without a probe
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Jan 29, 2021 01:45
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chase called our office cumshitter. they said you left your gun on the toilet paper dispenser in their bathrooms. they also asked that you stop using the handicap stall
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Jan 29, 2021 01:45
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CodeJanitor posted:man i just want a guaranteed fast safe reliable method to make money but im not rich enough to do that 
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Jan 29, 2021 01:46
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I'm so glad that after 2008 we made a ton of rules to ensure that no one could turn a $7.7B loss into an $infinity loss that consumes the entire nation. oh wait whoops
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Jan 29, 2021 01:46
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cumshitter posted:chase called our office cumshitter. they said you left your gun on the toilet paper dispenser in their bathrooms. they also asked that you stop using the handicap stall The Wire but it’s Schnorkles and cumshitter instead of Bunk and McNulty
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Jan 29, 2021 01:46
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The return of cumshitter marks the official beginning of night crew. Day crew, begone
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Jan 29, 2021 01:46
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Happy Thread posted:Free Taintrunner. Everyone else gets to make a bad post every once in a while, without a probe sorry he hit the bad post breaker and traintrunning trading has been halted
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Jan 29, 2021 01:46
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