|
Who is defending billionaires ITT and has anybody made a "why didn't you invest in eastern Poland" meme out of this yet
|
#
?
Jan 31, 2021 19:27
|
|
|
|
| # ? Apr 27, 2024 16:47 |
|
|
MarcusSA posted:Robinhood doesn’t make any sense. robinhood is a clownshoes operation that got huge based on zero fees and letting anyone make high-risk trades with minimal up-front deposit (which has some risk for robinhood as well as the trader) they keep having to restrict trades because they don't have enough money to cover the higher requirements of a super-volitile stock upstream you get what you pay for, and in this case you're getting the shittiest broker that your money isn't paying for every goddamn article I read about this is all "it's so unfair that the little people got locked out while the fat cats got rich". last I looked, schwab, ameritrade, fidelity, merill, all are happy to take your money and don't have "no poors" clauses. yeah they'll charge you $20 at some point. if that $20 is a critical expense you shouldn't be gambling on meme stocks. KazigluBey posted:lmao yeah this is exactly just like the cod boycott, yep yep, you can 100% map a hedgefund bleeding capital and needing to be bailed out by other hedge funds to a bunch of gamers saying they wouldn't buy a game and then buying it. checks out that guy is an idiot and gamestop, in the long run, is not in a great position because fewer and fewer people buy games retail Klyith fucked around with this message at 19:33 on Jan 31, 2021 |
|
#
?
Jan 31, 2021 19:28
|
|
|
Klyith posted:you shouldn't be gambling on meme stocks
|
|
#
?
Jan 31, 2021 19:30
|
|
|
Fame Douglas posted:Is it? There was nothing anywhere near remotely close to what reddit is now. Most people had flip phones. Streaming video was a luxury. There certainly wasn’t a massive industry of influencers living off the ability to share popular news to people‘s pockets. Literally the only thing I know about Star Wars battlefront is that it was boycotted.
|
|
#
?
Jan 31, 2021 19:33
|
|
|
HONG KONG SLUMLORD posted:So what happens when the hedge fund declares bankruptcy, goes insolvent and says to the original people they borrowed the shares from “sorry, my bad”? The original owners would get to sue them for the value of the shares at the time of the opinion issues and probably the fees, right? I don’t see how they can be forced in a capitalist system to buy shares. Correct, the difference would be if the market goes up or down and clients lose money, then that's how the markets work. If you, in bad faith, no less, try to skirt your signed agreements with the broker, resulting in them suing the company and putting it into bankruptcy (which, may not even occur if they close their short positions) then the fund managers would likely get sued for breaching their fiduciary duty to their clients. Critically, that's a personal liability issue, so the fund managers are directly responsible for the losses their clients have at that point, which could be millions, or could be billions, depending on how much the company would of been worth if they didn't decide to pile up all the money and set fire to it to spite zoomers. It'd also basically make said managers unemployable in finance ever again since brokers are not going to want to deal with (on a professional level), companies that tried to shaft them previously. Declaring bankruptcy is basically the last thing these companies want to do in this case unless they've been acting in good faith all the way through for that reason. Their investors are going to pissed if it turns out they could of only lost 55% of their money, rather than all of it. Drone_Fragger fucked around with this message at 19:40 on Jan 31, 2021 |
|
#
?
Jan 31, 2021 19:38
|
|
|
NYC:
|
|
#
?
Jan 31, 2021 19:39
|
|
|
Goobish posted:Are they planning on doing the same tactic with AMC stock? It seems on the surface like people are buying AMC because they truly think it'll come back and be a good stock to have. But, I mean, this is just more of the "pump and dump (for lack of a better term)" thing right? To the moon! AMC and Nokia are companies which both have potential to recover. While that's not assured, people could do worse than making a small investment and holding them. The "to the moon" stuff being applied to every shorted stock is just bullshit hype, though.
|
|
#
?
Jan 31, 2021 19:43
|
|
|
yeah AMC actually isn't a bad investment (imo, not a financial advisor) because once coronavirus is over they're likely to recover pretty rapidly and will likely be better off than it is right now... assuming it doesn't go bankrupt before then. I wouldn't buy it now when people are desperately trying to pump up the price though thinking they're gonna be able to short squeeze it too.
|
|
#
?
Jan 31, 2021 19:46
|
|
|
spunkshui posted:There was nothing anywhere near remotely close to what reddit is now. so your prediction is: a year from now, GME will still be worth $300 because every gamer, driven by influencers and memes, will buy all their video games from gamespot. to own the fatcats. the point of codboycott is that people are lazy and generally don't follow through on rhetoric spunkshui posted:Literally the only thing I know about Star Wars battlefront is that it was boycotted. if you know absolutely nothing about the games market you might not want to make investments in a game retailer
|
|
#
?
Jan 31, 2021 19:47
|
|
|
doge is at 4c again
|
|
#
?
Jan 31, 2021 19:53
|
|
|
Ignite Memories posted:doge is at 4c again You know what, I am going to embrace the reality we are in now. Like, for real, this is just insane.
|
|
#
?
Jan 31, 2021 19:57
|
|
|
Klyith posted:the point of codboycott is that people are lazy and generally don't follow through on rhetoric Its harder to boycott a fun videogame then to boycott throwing rocks at billionaires. Klyith posted:if you know absolutely nothing about the games market you might not want to make investments in a game retailer This has more to do with peoples childhood and social media then the games themselves. Im gona get me my 1 share on Monday (if that is physically possible). Ill put the sell order at 1.25x if it sells ill use the money to buy a video game directly from GameStop. Ignite Memories posted:doge is at 4c again LMAO
|
|
#
?
Jan 31, 2021 19:59
|
|
|
GameStop’s finance department is probably going through hell right now
|
|
#
?
Jan 31, 2021 20:00
|
|
|
The doge will have his day.
|
|
#
?
Jan 31, 2021 20:00
|
|
|
wyoak posted:GameStop’s finance department is probably going through hell right now They can't release more shares (from the looks of it) but holy hell this valuation can be used for so many things (loans, asset sales) that it's insane.
|
|
#
?
Jan 31, 2021 20:03
|
|
|
wyoak posted:GameStop’s finance department is probably going through hell right now the money from buying and selling stock is totally outside the company (other than the possibility of issuing new shares) gamestop's finance department is not affected at all by any of this
|
|
#
?
Jan 31, 2021 20:05
|
|
|
Galewolf posted:You know what, I am going to embrace the reality we are in now. Like, for real, this is just insane. Right now, betting that the world is going to become even more of a sick joke seems like the safest investment imaginable to me. There is no avenue more suited to that than imaginary memecoins.
|
|
#
?
Jan 31, 2021 20:06
|
|
|
spunkshui posted:Its harder to boycott a fun videogame then to boycott throwing rocks at billionaires. Gamestop was always a lovely company, even during people's childhoods. Video games are fun, chain retailer selling video games is not.
|
|
#
?
Jan 31, 2021 20:06
|
|
|
Lmao https://twitter.com/TikTokInvestors/status/1354568794061086724
|
|
#
?
Jan 31, 2021 20:06
|
|
|
spunkshui posted:All of the YouTube channels arent talking about it.
|
|
#
?
Jan 31, 2021 20:08
|
|
|
https://www.coindesk.com/price/dogecoin The one week graph puts the 50% increase into better perspective.
|
|
#
?
Jan 31, 2021 20:13
|
|
|
The ascension of the ordinary meme
|
|
#
?
Jan 31, 2021 20:13
|
|
|
GABA ghoul posted:The ascension of the ordinary meme There are so many layers to that that it's  "And TikTok[1] Investors twitter releasing a video of Carole Baskin[2] uttering the words Dogecoin[3]" is going to be on some economics graduate thesis in couple of years.
|
|
#
?
Jan 31, 2021 20:19
|
|
|
It's pronounced "dodge"??
|
|
#
?
Jan 31, 2021 20:25
|
|
|
English is not my native language so I pronounce it as DO-GE (I think it is close to how the Doge of Venice is pronounced). Some YTers call as DOJIcoin which might be close to the proper (lol) pronounciation.
|
|
#
?
Jan 31, 2021 20:28
|
|
|
They're supposed to be pushing Webistics.
|
|
#
?
Jan 31, 2021 20:32
|
|
|
the proper pronunciation of thing that should only exist on the internet that is a joke based on a meme that was named by someone other than who made it (because thatd be the first instance of what would later become a meme) basically if you put thought into altering the pronunciation based on the spelling in this scenario youre wrong. not about the thing but wrong as a human being
|
|
#
?
Jan 31, 2021 20:34
|
|
|
Hobo Clown posted:It's pronounced "dodge"?? Video looks like some wsb people bought it on a rent-a-minor-celebrity site. She has probably no idea what she's reading or how to pronounce it
|
|
#
?
Jan 31, 2021 20:36
|
|
|
GABA ghoul posted:Video looks like some wsb people bought it on a rent-a-minor-celebrity site. She has probably no idea what she's reading or how to pronounce it Well she's on cameo: https://www.cameo.com/bigcatrescue?qid=1612121840 LOL https://www.cameo.com/v/60139a48980bf2001d284785 Hey all you cool cats and kittens from Equifax! Bronze Fonz fucked around with this message at 20:40 on Jan 31, 2021 |
|
#
?
Jan 31, 2021 20:37
|
|
|
wyoak posted:GameStop’s finance department is probably going through hell right now "nobody touch nuthen!"
|
|
#
?
Jan 31, 2021 20:45
|
|
|
Hobo Clown posted:It's pronounced "dodge"?? It's pronounced "Dohzh", like 'Zhampagne'
|
|
#
?
Jan 31, 2021 20:46
|
|
|
Doggy
|
|
#
?
Jan 31, 2021 21:08
|
|
|
Wait, it's "koyn" and not "quon???"
|
|
#
?
Jan 31, 2021 21:10
|
|
|
Heath posted:Wait, it's "koyn" and not "quon???" I always heard 'cue-non' Also only ever heard 'doje' for the coin but I'm only terminally online here on Something Awful Dot Com.
|
|
#
?
Jan 31, 2021 21:14
|
|
|
Bronze Fonz posted:Well she's on cameo: Carole Baskin is charging 230 bucks for a 20-second video. Joe Exotic will loving rake it if he manages to come out of prison before 2138.
|
|
#
?
Jan 31, 2021 21:22
|
|
|
There's something weird and sad about cameo, it makes me uncomfortable.
|
|
#
?
Jan 31, 2021 21:25
|
|
|
Panic! At The Tesco posted:There's something weird and sad about cameo, it makes me uncomfortable. I think it is second-hand sadness/embarrassment of someone basically declaring "welp, I'm officially washed up now" and the idea of someone might be paying the cult leader from Tiger King to say inane garbage. It has some unnerving "late-stage capitalism" vibes. Boy, I would love to receive a mail from Cameo that I'm not listed under "50% off celebrities" if I was an actor. I mean, respecting the hustle but it feels just sad.
|
|
#
?
Jan 31, 2021 21:44
|
|
|
Panic! At The Tesco posted:There's something weird and sad about cameo, it makes me uncomfortable. It's because it represents the commodification of human dignity and also is the closest thing possible to death of the very concept of novelty, OP.
|
|
#
?
Jan 31, 2021 21:53
|
|
|
Klyith posted:robinhood is a clownshoes operation that got huge based on zero fees and letting anyone make high-risk trades with minimal up-front deposit (which has some risk for robinhood as well as the trader) They were fined by the SEC for $65m in December for robbing their users of at least a similar amount of money by not playing by the rules for marketmaker selection. Instead of picking the marketmaker that favors the customer they picked the one with the highest kickback. Usually Citadel. Which is also a company they're intertwined with and going to bat for with the stock restrictions due to recent market volatility. Their sudden "restrict everything remotely risky" approach after being called out on it isn't going to fool the SEC. I'm skeptical that much will come of GME, but I bet the SEC is going to come down on RobinHood pretty hard for what happened this week. Khorne fucked around with this message at 22:16 on Jan 31, 2021 |
|
#
?
Jan 31, 2021 22:08
|
|
|
|
| # ? Apr 27, 2024 16:47 |
|
|
If you had bought $10,000 of dogecoin yesterday, today you would have $25,000
|
|
#
?
Jan 31, 2021 22:10
|
|
