lolwatagain
kiwifarms.net
- Joined
- Jul 19, 2017
The fact that the hedgies are taking it up the ass after making reckless bets is a sign that the system works. Any attempt to "fix" it is just an admission that the "wrong" people won.
/r/wsb autists taking on a wallstreet hedgefund. Elon musk involved as always / wallstreetbets / gamestop - Gamergate 2: financial boogaloo
- Thread starter theshitposter
- Start date
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The Demon
kiwifarms.net
- Joined
- Dec 8, 2017
That buys you one gallon of milk
waffle
kiwifarms.net
- Joined
- Jun 6, 2013
Not weird at all. The diamond hands are holding: new people wanna buy, but its basically illegal to buy more than like two shares - because apparently it'd be another shoah, or something; the only people selling are the people who bought literally as a desperate gamble: and the hedgies are apparently scrumming for time by trying to trigger a sell off while the desperately seek bailouts.
- Joined
- Jan 28, 2021
Finally able to get some data on Blackberry, has been privated since the 27th. People have been recommending to go long on BB, thoughts?
- Joined
- Jun 2, 2020
I simply use it to check if people posted nigger squares on jun 3rd. especially businesses I wanna give money.
- Joined
- Jun 24, 2020
They're not. They're running damage control and looking for a way out. It's just the weekend.
- Joined
- Oct 12, 2019
I've heard:
Antisemetic Plot, Financial Terrorism, Alt-Right Conspiracy, Foreign Influenced Market Manipulation, Capitol-Hill led financial coup, Anti-Feminist, Anti-Troon, and Anti-Black driven 'bad-faith' investors.
The foreign powers that MSM/Wall Street include are the Middle East and Russia.
You know who no one blames? EVER?
China.
For reference, I know Vanguard is lame and gay compared to many brokerages, but they never limited me for anything.
- Joined
- May 25, 2020
Woah woah there, cool it with the anti-semitism
- Joined
- Jul 7, 2020
Vanguard is GOAT, but they were never designed for day trading. They're in line with the Boglehead strategy, aka the "get rich slow" mantra.
That being said, I am a dedicated Boglehead myself, have close to 1M between my roth IRA and individual account. (VTSAX all the way baby). You guys cannot go wrong with Vanguard if you're into long term investing.
world of shit
kiwifarms.net
- Joined
- Jan 27, 2021
Vanguard is as solid and respectable as they come.
waffle
kiwifarms.net
- Joined
- Jun 6, 2013
This could be Lehman Weekend for the hedgies, where they spend the entire weekend shuffling around trying to negotiate a bailout before they have to file for bankruptcy on Monday.
It also could be them waiting in hopes of a giant selloff at 9am Monday. I dont think anyone knows how deep their pockets are, so it's possible that they could sustain their looses if they can close the option Monday morning.
- Joined
- May 16, 2019
Looks like RobinHood isn't just selling shares without consent, they're forcibly selling customer's call options out from under them.
For those who don't know the terminology, a call option is a contract you can buy that gives you the option to buy stock at a specific price, by some future date. If you don't exercise the option by its expiration, you lose the little bit of money you paid to have it; if you do exercise the option, you pay cash for the shares and get the shares at that price. You can also sell the contract itself to someone else before it expires.
The first guy basically had the option to buy 100 shares of GME at $115 while the price was around $300... and before he could choose to buy the shares, RobinHood forcibly sold the contract out of his account.
I'm tripling down on RH taking the other side of customer trades, or enabling Citadel to do so (who is now panicking). But that fucking CEO will probably come on and moan again about the clearing house not having enough shares to meet these contracts. This level of theft is fucking gross.
For those who don't know the terminology, a call option is a contract you can buy that gives you the option to buy stock at a specific price, by some future date. If you don't exercise the option by its expiration, you lose the little bit of money you paid to have it; if you do exercise the option, you pay cash for the shares and get the shares at that price. You can also sell the contract itself to someone else before it expires.
The first guy basically had the option to buy 100 shares of GME at $115 while the price was around $300... and before he could choose to buy the shares, RobinHood forcibly sold the contract out of his account.
I'm tripling down on RH taking the other side of customer trades, or enabling Citadel to do so (who is now panicking). But that fucking CEO will probably come on and moan again about the clearing house not having enough shares to meet these contracts. This level of theft is fucking gross.
- Joined
- Aug 17, 2018
"Cocksuckers"? "Pussies"?Literal chair-throwing happening at Citron Research and Melvin Capital's offices. Beyond kino.
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Can someone please do something about these alt-right homophobic misogynists on Wall Street?
- Joined
- Dec 4, 2013
That's because most Vanguard users are boring buy-and-hold investors who just put their extra money into index funds and forget about it. They are massive and well capitalized, so they don't have to worry about the extra volatility, unlike these Babby's First Brokerage toy apps that run lean and were barely meeting minimum capitalization requirements even before all this went down.
- Joined
- Sep 19, 2018
RH is set to sell off all the gamestop stock on their app (illegally, but name a single judge that would convict with this many zeros involved) at 8:58 am. You know, 2 minutes before the plebs can trade.
- Joined
- Dec 17, 2019
So has anyone calculated what the cost of this action, as a whole, has been? I'm mildly curious if the "evil belligerents who are going to destroy the world economic system" have reach the cost of 1 year of US military spending yet.
Surely China and Russia and Germany and Brazil are all pissed off right now because they're realizing they had more than enough resources in their yearly budget to bring it all down themselves. Hell, a tiny 11k pop town in Hertfordshire sits on enough resources to carry off a world economy ending attack.
The whole of western civilization will be brought to its knees and it will be done at a lower price than the price of all the charity work we dump onto Africa each year.
(And for fucks sake, will the normals get the point that if a bunch of loosely organized plebs can pull this off, there are dozens if not hundreds of state or corporate entities that could have done so?)
Surely China and Russia and Germany and Brazil are all pissed off right now because they're realizing they had more than enough resources in their yearly budget to bring it all down themselves. Hell, a tiny 11k pop town in Hertfordshire sits on enough resources to carry off a world economy ending attack.
The whole of western civilization will be brought to its knees and it will be done at a lower price than the price of all the charity work we dump onto Africa each year.
(And for fucks sake, will the normals get the point that if a bunch of loosely organized plebs can pull this off, there are dozens if not hundreds of state or corporate entities that could have done so?)
verissimus
kiwifarms.net
- Joined
- Nov 3, 2018
Like I said, the whole 2020 election manipulators are forming the band again.
- Joined
- Oct 21, 2018
likeacrackado
kiwifarms.net
- Joined
- Sep 28, 2020
I think /biz/ might have more shills than /pol/ atm, damn impressive.
It was fun while it lasted
It was fun while it lasted