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okay i puit my life savings into circuit city now whjat
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Jan 29, 2021 18:32
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Klyith posted:shorting stocks does provide a very useful service: liquidity on a stock that might otherwise unrealistically spike in price. This is dumb because 'valuations' and 'fundamentals' don't really matter when you decide to treat stocks like what they really are. Turns out you can just gamble and buy a shitload for no reason and number goes up (edit: because some big brain on the other end decided that number should go down) Victis fucked around with this message at 18:35 on Jan 29, 2021 |
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Jan 29, 2021 18:33
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Zombiepop posted:gently caress the rich. Blessed are the fornicates, may we bend down and be their whores Blessed are the rich, may we labor, deliver them more
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Jan 29, 2021 18:40
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Philthy posted:okay i puit my life savings into circuit city now whjat HOLD THE LINE
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Jan 29, 2021 18:43
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posts itt going to bat for billionaire hedge fund managers and decrepit crying boomers on CNBC sure are something...
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Jan 29, 2021 18:46
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Philthy posted:okay i puit my life savings into circuit city now whjat Hopefully that $10 turns I to something big!
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Jan 29, 2021 18:49
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I've been following this for weeks now and it's very, verry funny. Also anybody thinking of getting into this now, this is the "shoeshine" phase of any bubble, so if you're in this for any other reason than to feel the thrill of losing half your money in minutes while you're desperately telling yourself it'll "go back up any minute now", don't.
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Jan 29, 2021 18:50
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Son of Rodney posted:I've been following this for weeks now and it's very, verry funny. Also anybody thinking of getting into this now, this is the "shoeshine" phase of any bubble, so if you're in this for any other reason than to feel the thrill of losing half your money in minutes while you're desperately telling yourself it'll "go back up any minute now", don't. Already losing money on AMC, can confirm!
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Jan 29, 2021 18:51
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Son of Rodney posted:I've been following this for weeks now and it's very, verry funny. Also anybody thinking of getting into this now, this is the "shoeshine" phase of any bubble, so if you're in this for any other reason than to feel the thrill of losing half your money in minutes while you're desperately telling yourself it'll "go back up any minute now", don't. I thought people started doing this earlier this week?
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Jan 29, 2021 18:52
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I got in on this on monday and got out of it today. I had a ton of lols and I'm now a hundredaire 
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Jan 29, 2021 18:52
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glad everything is so hosed on RH i get a few screens closer to adding money but AMC has tanked in the mean time so this is good, i guess!
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Jan 29, 2021 18:53
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Katamari Democracy posted:I thought people started doing this earlier this week? It's started getting bonkers this week but the wallstreetbets guy depfuckingvalue has been doing this for literally years. It gained tracktion end of 2020.
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Jan 29, 2021 18:55
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KazigluBey posted:posts itt going to bat for billionaire hedge fund managers and decrepit crying boomers on CNBC sure are something... quote the posts. i want to lol at them but i'm lazy
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Jan 29, 2021 18:57
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Dear Watson posted:HOLD THE LINE DO SOMETHING
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Jan 29, 2021 19:04
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CheeseThief posted:The message was hold until Friday, right? There is no short squeeze happening yet and it doesn't look like it's going to happen today anymore. Wsb is already moving the goal posts to next week. Nobody has any idea what the current situation is or what is gonna happen with the stock. Most people on wsb are basically semi-illiterate MAGA types trying to scam and talk each other into participating in shady pump and dump schemes and make a quick buck off each other and outside suckers. They have no idea what they are doing and nothing written there should be taken at face value and certainly not when regurgitated through financially illiterate media.
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Jan 29, 2021 19:05
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Dear Watson posted:HOLD THE LINE Buy and hold! gently caress hedge fund traders who screw everybody!
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Jan 29, 2021 19:05
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Except for one or two idiots, I’ve not seen anyone take the hedge fund/billionaire aides, just acknowledging reality that the stock is way overvalued and will eventually crash down to earth, most likely in a meteoric fashion and that the US government is poo poo and will no doubt “fix” this “exploit” by further loving over retail investors “for their own protection” and bailing out the hedge funds “for the good of the economy” E. Also, some legislator will unironically claim that their newly proposed legislation preventing retail investors from engaging in options/futures/derivatives or whatever is “necessary to protect the free markets!” Brother Tadger fucked around with this message at 19:10 on Jan 29, 2021 |
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Jan 29, 2021 19:06
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KazigluBey posted:posts itt going to bat for billionaire hedge fund managers and decrepit crying boomers on CNBC sure are something... There is literally, unequivocally, unironically NOTHING wrong with exploiting rich people out of billions for personal gain. Under any circumstances. Full stop. No argument. Zip it. Dirty buttplug in your mouth. Accept it. Hush now. Shhhhhhhh. No. Shhhhh. Okay? Okay. Don't @ me, bitch.
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Jan 29, 2021 19:13
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Talen_Soti posted:Buy and hold! gently caress hedge fund traders who screw everybody! Aren't you tired of being tired all the time and the government and investment brokers keeping you down? *shows pic of a boot stepping on a face* Well, now there is a solution! Buy this new revolutionary convection oven that will give you so much free time and finally give you the opportunity to fight against those who keep you down and make you feel less tired! Order now!
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Jan 29, 2021 19:17
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i bought the fuckin dogs stock what is wrong with me
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Jan 29, 2021 19:19
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Per Matthew 19:24 we are doing the hedge fund managers a favor by taking their money.
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Jan 29, 2021 19:21
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Gamers rise up and fight the man! Buy PepsiCo stock today! Mountain Dew and Doritos for all!
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Jan 29, 2021 19:21
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What a time to be alive. Make number go up.
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Jan 29, 2021 19:23
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GABA ghoul posted:Aren't you tired of being tired all the time and the government and investment brokers keeping you down? *shows pic of a boot stepping on a face* Well, now there is a solution! Buy this new revolutionary convection oven that will give you so much free time and finally give you the opportunity to fight against those who keep you down and make you feel less tired! Order now! Its all in good fun until you get screwed over, eh? I don't have more than $5.00 in this show and if I lose it all, big deal, I just make lunch at home instead of fast food. I don't care either way, its just fun to watch someone else sweat over money problems for a change.
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Jan 29, 2021 19:24
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WILDTURKEY101 posted:i bought the fuckin dogs stock what is wrong with me as far as I know, you can cash out bitcoins fairly easily...is the same possible for dogecoin?
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Jan 29, 2021 19:28
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kolby posted:as far as I know, you can cash out bitcoins fairly easily...is the same possible for dogecoin? Probably. Bitcoin is open source and Dogecoin is basically a copy of bitcoin in many ways. There are some finer differences if you research deeper. Edited for clearity. Steeltalon fucked around with this message at 19:43 on Jan 29, 2021 |
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Jan 29, 2021 19:34
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Talen_Soti posted:Its all in good fun until you get screwed over, eh? I don't have more than $5.00 in this show and if I lose it all, big deal, I just make lunch at home instead of fast food. Don't get me wrong, I've been laughing my rear end off for the last two days. It just sucks that the fucks at wsb managed to spin this scheme as some kind of act of class warfare and that social media is eating it up. What's gonna happen is that the hedge fund company is gonna declare bankruptcy, skip out on most of the debt and the workers are gonna go on to new jobs and don't give a gently caress about this in a couple of months. Meanwhile, hundred of thousands(or even millions)of regular people will lose their money/life saving in this dumb ponzi scheme. Some of them old people who gonna end up in the streets. What a great cause to rally behind.
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Jan 29, 2021 19:38
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GABA ghoul posted:Meanwhile, hundred of thousands(or even millions)of regular people will lose their money/life saving in this dumb ponzi scheme. Some of them old people who gonna end up in the streets. What a great cause to rally behind. Yeah this is how it looks to me too. Whoever said itt 'look around the poker table and if you can't figure out who the mark is it's you' is dead on.
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Jan 29, 2021 19:40
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Steeltalon posted:Probably. Bitcoin is open source and Dogecoin is basically an exact copy of bitcoin in all except name. My understanding is that Dogecoin differs from other coins in that it has a picture of a dog. This fundamental value proposition is currently causing its price to skyrocket. Sir John Falstaff fucked around with this message at 19:47 on Jan 29, 2021 |
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Jan 29, 2021 19:45
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Dogecoin? Wow! Such value! Many profits! So number!
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Jan 29, 2021 19:46
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Bogus Adventure posted:Dogecoin? Very gambling!
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Jan 29, 2021 19:49
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I wish we had atlas from the first bitcoin thread in here I d love to hear his take on it
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Jan 29, 2021 19:52
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GABA ghoul posted:Don't get me wrong, I've been laughing my rear end off for the last two days. It just sucks that the fucks at wsb managed to spin this scheme as some kind of act of class warfare and that social media is eating it up. You, my good goon, make a valid point. I am, however about 2 weeks away from being on the street due to multiple factors: Pandemic causing John Deere to cut back on orders, causing my company to cut an entire shift last march with 2 weeks severance pay. Working odd tech jobs to keep the lights and heat on. Being told I'm either underqualified or over qualified for every job I've applied for, including being underqualified by an actual company and overqualified by the temp agency that they were hiring through. So I say, gently caress it. Let us enjoy our bread and circuses and let it all burn.
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Jan 29, 2021 19:53
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How many pogs should I buy right now
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Jan 29, 2021 19:54
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Sir John Falstaff posted:My understanding is that Dogecoin differs from other coins in that it has a picture of a dog. This fundamental value proposition is currently causing its price to skyrocket. Unlike bitcoin, dogecoin has no maximum of coins that can be mined. So this literally useless meme asset that has absolutely no intrinsic value or application will constantly get even more worthless for all eternity
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Jan 29, 2021 19:54
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Another Bill posted:Yeah this is how it looks to me too. Whoever said itt 'look around the poker table and if you can't figure out who the mark is it's you' is dead on. Are you the mark? It's you, right?
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Jan 29, 2021 19:54
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Can you short hedge funds? Asking for a friend.
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Jan 29, 2021 19:57
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GABA ghoul posted:Unlike bitcoin, dogecoin has no maximum of coins that can be mined. So this literally useless meme asset that has absolutely no intrinsic value or application will constantly get even more worthless for all eternity It's like actual money but fun. https://www.youtube.com/watch?v=dErRj6V8_xQ
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Jan 29, 2021 20:07
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"Society is much like fruit. Once it matures, it is inevitable that it will eventually rot. As the economy grows, the private sector stagnates as elders and bureaucrats become more and more powerful... As time passes, this power becomes the status quo, and crushes the seeds of any possible reformation... such a sad trend."
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Jan 29, 2021 20:08
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GABA ghoul posted:Unlike bitcoin, dogecoin has no maximum of coins that can be mined. So this literally useless meme asset that has absolutely no intrinsic value or application will constantly get even more worthless for all eternity Are you saying I should buy more or...?
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Jan 29, 2021 20:11
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