/r/wsb autists taking on a wallstreet hedgefund. Elon musk involved as always / wallstreetbets / gamestop - Gamergate 2: financial boogaloo

[the fall of man]

Ya but isn't Melvin trapped in a short position? Clearly others are going to make money on the stock but the early shorts are fucked if I understand correctly


View attachment 1886627

Melvin is blood in the water
We are the piranhas
The hedgie longs are sharks

Melvin used to be a shark, but now they’re just chum. That’s how I’m seeing this at least, it seems like a true & honest short squeeze to me. And if so - oh man. These are the greatest times to be alive

 

[Bill The Fucker]

Ya but isn't Melvin trapped in a short position? Clearly others are going to make money on the stock but the early shorts are fucked if I understand correctly


View attachment 1886627

For all we know, Melvin's sold off their short position to some sucker. The short float hasn't changed, so it's likely that position was never covered, but it's hard to believe that Melvin's been getting all of this rescue money while still having the same exposure.

 

[likeacrackado]

I think the term "crowdsourcing" is going to be a term on every hedge fund manager's lips for the next 10 years.

Expect to see bot accounts to flow everywhere. They're getting very sophisticated and this is just going to accelerate it -- I've seen some POCs that can follow meme logic and produce decent memes.

/biz/ and /x/ have some good threads on this, just search "Dead internet theory"

Some guy on 4chan did a study using links to detect bot accounts(basically accounts that would click a link in an unhuman amount of time or wouldn't react at all to an obvious fake link) and found that a large amount of thread OPs and early replies were not humans. You can probably guess which boards this is most common on. Kinda wonder if thats the reason places like the chans are allowed to exist and be popular.

 

[Jump]

, but it's hard to believe that Melvin's been getting all of this rescue money while still having the same exposure.

I think they got rescue money because no one expected the crazy shit with limiting RH buys and other tricks to fail. During normal times that would have tanked the stock but somehow they got the whole internet against them now. 1 share at a time.

I think the best thing that could happen is if it says right around 350ish. Mevlin and friends will be crushed and all the big guys who jumped in late will get nothing. And all the 1 stock HODLers will be happy holding till the end of time.

 

[StudMccool]

Could be that our WSB boys paved the way for other hedgies to try to vulture the vultures. We also know people with bigger money got on this even if it was just for the meme, so I wouldn't doubt some other WS cretins trying to cash in, too, making a buck off their fellow cretins' agony.
We know Wall Street is as cannibalistic as it is opportunistic.

What on earth do you mean? Elon "Richest man on plant earth" Musk is on our side.

Grass roots baby!

 

[FAQnews Correspondent]

I think the term "crowdsourcing" is going to be a term on every hedge fund manager's lips for the next 10 years.

Expect to see bot accounts to flow everywhere. They're getting very sophisticated and this is just going to accelerate it -- I've seen some POCs that can follow meme logic and produce decent memes.

/biz/ and /x/ have some good threads on this, just search "Dead internet theory"

Spoiler: spoiler because even the thumbnail is huge

Really interesting stuff. Really sad though that the internet is becoming less and less usable for communication because of this.

 

[furūtsu]

Forgive me and rate me late for this if you must, I took a break from the Internet for the past two days and can't be assed to comb the thread.

I just need to voice my astonishment because fuck:

These bars used to be like 30$ just two days ago. Are the autists really dogpiling physical silver now?

Edit: I'm dumb, I had had the page open and refreshed without checking the weights. I was previously browsing the 1 oz section. However they no longer sell the 30$ 1 oz bars and the only smaller amount than 10 oz they offer is 1/4 oz.

 

[kidatari]

Theranos stock, lets do it Kiwibros

 

[Fatrick Hamlinson]

The Google account associated with "Hedge Funds, Their Pals, and The Financial Journos Who Love Them" guide has been taken down.

I'm now uploading the documents. I just need to redo the recording of the two Chuck videos from Fox Business that I cited. Is mega.nz still recommended as a storage site?

 

[DeadFish]

View attachment 1886668
Really interesting stuff. Really sad though that the internet is becoming less and less usable for communication because of this.

So the internet is becoming populated by different sorts of A.I interacting with each other.

Random evolution leads to sky net when?

 

[the fall of man]

View attachment 1886668
Really interesting stuff. Really sad though that the internet is becoming less and less usable for communication because of this.

That’s an amazing thread. You may want to spoiler the image for length, though.

 

[Lord of the Large Pants]

Forgive me and rate me late for this if you must, I took a break from the Internet for the past two days and can't be assed to comb the thread.

I just need to voice my astonishment because fuck:
View attachment 1886679
These bars used to be like 30$ just two days ago. Are the autists really dogpiling physical silver now?

That doesn't seem right... that's a 10oz bar. There's no way they were going for $30. 1oz bars might have been, but not 10oz bars.

 

[FAQnews Correspondent]

That’s an amazing thread. You may want to spoiler the image for length, though.

Thanks for the reminder, it didn't occur to me.

 

[Jump]

Forgive me and rate me late for this if you must, I took a break from the Internet for the past two days and can't be assed to comb the thread.

I just need to voice my astonishment because fuck:
View attachment 1886679
These bars used to be like 30$ just two days ago. Are the autists really dogpiling physical silver now?

Those are 10 oz bars.
Friday the spot price of silver was $27.something/toz so those prices are not that crazy. I just picked up some ASE's for 30 bux a pop

 

[furūtsu]

Those are 10 oz bars.
Friday the spot price of silver was $27.something so those prices are not that crazy. I just picked up some ASE's for 30 bux a pop

Oh shit, I'm retarded. I was looking at 1 oz before and refreshed the page without checking the updated weights.

Now when I look through the site I can't find bars lower than 10 oz, only 1/4 oz fractional silver. And the 1/4 oz is priced at around 20$, was probably lower before.

 

[moocow]

Trump won't run again, and nobody really wants him to do so. Instead they want someone to run who will deliver the heads of Wall Street on a spike. Someone that will bathe the streets in blood and rip the hearts of the powerful. If they cannot get such a man, the people will do it themselves.

Ever since Trump won in 2016 and the four-year shriek began in earnest in response, I have dreamed of the day we get a leader who is even a tenth as "evil" as they thought he was. I don't want IRL Donald Trump to run for president again. I want their bogeyman Trump to run, and I don't much care how he spells his name.

 

[FAQnews Correspondent]

So the internet is becoming populated by different sorts of A.I interacting with each other.

Random evolution leads to sky net when?

Worse than Skynet, it'll be an endless circlejerk of AI constantly calling each other schizos on the internet over and over again at an accelerating rate.

 

[Jump]

Oh shit, I'm retarded. I was looking at 1 oz before and refreshed the page without checking the updated weights.

Now when I look through the site I can't find bars lower than 10 oz, only 1/4 oz fractional silver. And the 1/4 oz is priced at around 20$, was probably lower before.

Ya these internet dealers seem to be getting a run. I think a lot of people are buying in to the silver thing. And most of these people are reddit people who only know how to buy things online so the small places are not seeing the rush.
Its all fine in my eyes. More physical PM's in peoples hands the better. Holding metal is better then holding FRN's long term because the BRRRing printers. I started stacking for Y2K and never really stopped.

 

[mr.moon1488]

Spoiler: spoiler because even the thumbnail is huge

View attachment 1886668

Really interesting stuff. Really sad though that the internet is becoming less and less usable for communication because of this.

The shit on cuckchan specifically could be solved if people would just stop posting there and start posting on alt-chans. They'll go onto an alt-chan, like the fact that moderation isn't cucked, but then leave because not enough people are posting, which just makes the problem worse.

 

[DeadFish]

Worse than Skynet, it'll be an endless circlejerk of AI constantly calling each other schizos on the internet over and over again at an accelerating rate.

Joke if you must but gotta admit all these a.is created for different purposes and with various degrees of sophistication interacting with each other 24/7 is going to create something unprecedented. What will that be I dont know.