Stock Market, Business, and Investing General - News, Tips, etc

[Stasi]

If there is any kind of economic fallout because of fucking GameStop and their stock being memed to the moon by reddit retards who caught greedy hedge funds with their pants down I will die of laughter.

When is this shit show supposed to end, Friday? I will have a nice big drink ready.

 

[Vecr]

Can someone explain why Melvin didn’t cut their losses and run? I don’t understand their ‘strategy’ here. Who’s going to trust them with their money after this?

I'm not sure they could, apparently there was naked shorting going on, where they don't really have anyone to offload it to.

 

[usernames can change now!]

If there is any kind of economic fallout because of fucking GameStop and their stock being memed to the moon by reddit retards who caught greedy hedge funds with their pants down I will die of laughter.

When is this shit show supposed to end, Friday? I will have a nice big drink ready.

It will never end because the punchline is Gamestop actually has a turnaround plan and social media savvy CEO waiting to drop at the right time

And then shorts will pile back on, reddit piled back in, the stock pops again...

 

[HumanHive]

If there is any kind of economic fallout because of fucking GameStop and their stock being memed to the moon by reddit retards who caught greedy hedge funds with their pants down I will die of laughter.

When is this shit show supposed to end, Friday? I will have a nice big drink ready.

Allegedly, it's already over.

https://twitter.com/WSBConsensus/status/1354233408835219461

"Melvin Capital, to file bankruptcy as soon as next week according to sources. The bailout they received yesterday from Citadel and Point72 went “poof” today as the GameStop ( $GME ) momentum continued. The fund was forced to liquidate its Alibaba ( $BABA ) position after hours."
Grain of salt, though, because it's one of those "sources say" tweets.

 

[Crunchy Leaf]

It's not their money. It doesnt matter how much they lose.

But doesn’t their business rely on people giving them money?

 

[Angry Shoes]

It really warms my heart to see WSB retards and /biz/raelis coming together to fuck over a hedge fund. While profiting every step of the way.

 

[Drain Todger]

LOL, everyone should keep buying GME until all these hedge funds and banks are utterly nuked into nonexistence. Wall Street is a cheap sweater and GME is the one thread that you can tug on to unravel the whole damn thing. They deserve this for their scummy looting by shorting failing businesses during a pandemic. Greedy motherfuckers.

 

[HumanHive]

LOL, everyone should keep buying GME until all these hedge funds and banks are utterly nuked into nonexistence. Wall Street is a cheap sweater and GME is the one thread that you can tug on to unravel the whole damn thing. They deserve this for their scummy looting by shorting failing businesses during a pandemic. Greedy motherfuckers.

Meh. Banks are like a hydra. Really the best compromise is meaningful shorting reform.

 

[Drain Todger]

Meh. Banks are like a hydra. Really the best compromise is meaningful shorting reform.

The kvetching has reached apocalyptic levels.


1930 ALL OVER AGAIN! LITERALLY ANUDDAH SHOAH! -A guy named Seth fucking Goldberg


The hedge funds have actually lost $90 billion on GameStop already. GameStop, of all fucking things. Shills are flooding /pol/, screeching and demanding that people sell, or else they’ll be on the receiving end of an SEC investigation. What happens if these WSB lunatics take it to four digits by Friday? How much money can the Wall Street cocksuckers lose?

Get the popcorn out, people. This is already a legit happening.

 

[HumanHive]

The kvetching has reached apocalyptic levels.
View attachment 1874677
View attachment 1874681
1930 ALL OVER AGAIN! LITERALLY ANUDDAH SHOAH! -A guy named Seth fucking Goldberg
View attachment 1874688
View attachment 1874692
The hedge funds have actually lost $90 billion on GameStop already. GameStop, of all fucking things. Shills are flooding /pol/, screeching and demanding that people sell, or else they’ll be on the receiving end of an SEC investigation. What happens if these WSB lunatics take it to four digits by Friday? How much money can the Wall Street cocksuckers lose?

Get the popcorn out, people. This is already a legit happening.

Memes into dreams, my friend.

 

[Extreme Aneurysm]

The kvetching has reached apocalyptic levels.
View attachment 1874677
View attachment 1874681
1930 ALL OVER AGAIN! LITERALLY ANUDDAH SHOAH! -A guy named Seth fucking Goldberg
View attachment 1874688
View attachment 1874692
The hedge funds have actually lost $90 billion on GameStop already. GameStop, of all fucking things. Shills are flooding /pol/, screeching and demanding that people sell, or else they’ll be on the receiving end of an SEC investigation. What happens if these WSB lunatics take it to four digits by Friday? How much money can the Wall Street cocksuckers lose?

Get the popcorn out, people. This is already a legit happening.

I fucking knew they were gonna do it! GME is related to "white supremacy" and this is a dog whistle from "gamergate racists."
#Allroadsleadbacktogamergate

 

[american_amadan]

This is a gigantic win for the younger generation of this country, especially working people around 35 who have seemingly been screwed by everything the big banks and funds do. It's a pleasure watching this happen. I don't want big institutions to fail but I am also glad to see them learn a lesson and for the small guys to win a big one. It really is a lesson for these people that think they and their firms are untouchable. In the end a bunch of autistic morons on the same page can wreck you.

I fucking knew they were gonna do it! GME is related to "white supremacy" and this is a dog whistle from "gamergate racist."
#Allroadsleadbacktogamergate

I think that's fake but you know there is a sizable amount of people out there that are pissed a bunch of normal everyday white guys just schooled the stock market and make a ton of money in the process.

 

[HTTP Error 404]

If there is any kind of economic fallout because of fucking GameStop and their stock being memed to the moon by reddit retards who caught greedy hedge funds with their pants down I will die of laughter.

When is this shit show supposed to end, Friday? I will have a nice big drink ready.

Supposedly by end of day Friday all those short stocks come due, or somesuch. Basically, from what I understand the second the short fails the whole house of cards falls down and the STONKS will go up. They are genuinely talking about GME hitting $1000/share over this. I doubt it, but christ, I wish I had bought in at 30.

 

[Angry Shoes]

The kvetching has reached apocalyptic levels.
View attachment 1874677
View attachment 1874681
1930 ALL OVER AGAIN! LITERALLY ANUDDAH SHOAH! -A guy named Seth fucking Goldberg
View attachment 1874688
View attachment 1874692
The hedge funds have actually lost $90 billion on GameStop already. GameStop, of all fucking things. Shills are flooding /pol/, screeching and demanding that people sell, or else they’ll be on the receiving end of an SEC investigation. What happens if these WSB lunatics take it to four digits by Friday? How much money can the Wall Street cocksuckers lose?

Get the popcorn out, people. This is already a legit happening.

Thankfully buying a hot stock isn't a crime

 

[Extreme Aneurysm]

How Chaotic Redditors Made GameStop Stock Skyrocket (and Made Short Sellers Cry) (vice.com)
Fucking despise VICE but it's gonna happen this week... mark my words! Some big blue checkmark who don't know shit about the origins of this is gonna say this is connected to white supremacy and gamergate.

I think that's fake but you know there is a sizable amount of people out there that are pissed a bunch of normal everyday white guys just schooled the stock market and make a ton of money in the process.

 

[american_amadan]

Supposedly by end of day Friday all those short stocks come due, or somesuch. Basically, from what I understand the second the short fails the whole house of cards falls down and the STONKS will go up. They are genuinely talking about GME hitting $1000/share over this. I doubt it, but christ, I wish I had bought in at 30.


View attachment 1874728

It's all part of the bet. This thing could go to 1000/share or it could crash and burn tomorrow morning. Nobody can really say either with any confidence, which is why it's such a big deal.

But watch the SEC will somehow get involved and tear up the constitution (again) because their buddies at the big firms are salty they got caught with their pants down. It's not illegal to buy a stock. It's not illegal to talk about the stock market on a public forum.

How Chaotic Redditors Made GameStop Stock Skyrocket (and Made Short Sellers Cry) (vice.com)
Fucking despise VICE but it's gonna happen this week... mark my words! Some big blue checkmark who don't know shit about the origins of this is gonna say this is connected to white supremacy and gamergate.

Well in theory they would love a normal people beating a big business that was playing dirty but since it was a bunch of white dudes that did it they'll whine and say it was somehow unethical.

 

[HTTP Error 404]

It's all part of the bet. This thing could go to 1000/share or it could crash and burn tomorrow morning. Nobody can really say either with any confidence, which is why it's such a big deal.

But watch the SEC will somehow get involved and tear up the constitution (again) because their buddies at the big firms are salty they got caught with their pants down. It's not illegal to buy a stock. It's not illegal to talk about the stock market on a public forum.

They won't have to go through the constitution for it. They'll just ask the Reddit admins to kill WSB. And they will.

 

[HOMO FOR LIFE]

They won't have to go through the constitution for it. They'll just ask the Reddit admins to kill WSB. And they will.

Yeah. This is the next step.

Wsb over extended themselves but hey, they took billions.

 

[Ponchik]

to an extent it's reassuring to finally realize just how fucking fake wall street actually is. some of the biggest institutions i can think of are starting to look like shitty jenga towers

 

[Freshly Baked Socks]

to an extent it's reassuring to finally realize just how fucking fake wall street actually is. some of the biggest institutions i can think of are starting to look like shitty jenga towers

as a somewhat-proud jengatower buyer of many moons ... you'll never find as good a business to be in as this one. Just pick your side wisely.