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

[Bill The Fucker]

Notice how all the people suggesting the shorted stock is bad or risky are also pushing silver LOL.

I might actually be winding down some of my pm positions today if this bump holds. Gold not keeping up with silver combined with a surprisingly strong dollar is scaring the shit out of me.

 

[DyingStarsForever]

Am I the only one who thinks normies are gonna lose a shitton of cash on this? We all know that once normies are in on it, it's not cool. My gut feeling is a high-level wsb autistic cabal who bought into $GME back when it was like 5 USD/share have basically pump & dumped. They've made at least +6k%, you think they won't have sold once this shit went mainstream? Meanwhile first-time trader motherfuckers from Suburbia USA really do be out there believing it's going to go up to 1k USD/share and HODLing for their +20k% profit??? lmao gl

Yes and no, the ripple effects will be volatility and an unpredictable market for quite some time that will absolutely punish lots of people who're getting in thinking they know what they're doing. But as for an autistic cabal? I don't see any reason to assume that. The short interest is real, the risks are and always were real, the panic on Wall Street is palpable. It's exactly what you'd expect, there's nothing "hidden" going on here.

 

[Disheveled Human]

I might actually be winding down some of my pm positions today if this bump holds. Gold not keeping up with silver combined with a surprisingly strong dollar is scaring the shit out of me.

Buy the silver Goyim even though there is guaranteed (unless they cheat) money on shorted stocks which is basically all the dying companies we love and grew up with. If anyone is gonna scam me its gonna be GameStop when I go there to buy my overpriced Koss Headset while I purchase some Byond Steaks even though im a carnivore because fuck it, this is our market.

 

[Real Gay Autist]

Yea i saw that. No one seems to be listening to that though because people want to be making money more than “sticking it to the man”. And this is a good thing. Hedgies make money by farming you, making money stops that.

Plus silver is an actual good long term investment.

Hm, yeah. But maybe people are listening to advice not to buy silver: it has 63k upvotes, front page of r/wsb, etc. That's gonna halt a lot of the normie/Plebbit coin coming into pump the price.

I agree that silver is a nice long term investment and the price last week was reasonable. Not $SLV btw but (e.g.) $XAG/$USD or better the physical stuff.

Yes and no, the ripple effects will be volatility and an unpredictable market for quite some time that will absolutely punish lots of people who're getting in thinking they know what they're doing. But as for an autistic cabal? I don't see any reason to assume that. The short interest is real, the risks are and always were real, the panic on Wall Street is palpable. It's exactly what you'd expect, there's nothing "hidden" going on here.

Yes, you're right on the cabal point. I don't think it was an organised pump & dump. More like, anyone who's sensible and has market experience (and general nutcase autists) who was into $GME early will be out now. That's a small group of people compared to the plebs who bought it once they started using 'diamond hands' as their Faceberg status. Those people have no exit strategy which is all fun and games until $GME starts tanking and the ripple effects take hold elsewhere.

 

[Uncle June]

Long term investing in low cost index funds
>>>
Short term capital gains infested peasantry in meme stocks


Never forget fellas. That being said this has been entertaining as hell.

I also can't help but wonder how many of these reddit autists know what capital gains tax even is.

 

[Disheveled Human]

Long term investing in low cost index funds
>>>
Short term capital gains infested peasantry in meme stocks


Never forget fellas. That being said this has been entertaining as hell.

I also can't help but wonder how many of these reddit autists know what capital gains tax even is.

Most people want to invest a few grand or less to make 2x, 5x, 10x or 20+x their money depending on when they got in on it then fuck off and never look back. It is the smart play since people know these hedge funds are forced to buy stock within the upcoming month.

 

[DyingStarsForever]

Long term investing in low cost index funds
>>>
Short term capital gains infested peasantry in meme stocks

For a long time I've thought Taleb's hedging makes the most sense. 9/10 investments in low-risk index funds and 1/10 in total, but well researched, outliers so that he can benefit from "black swan events". That means most years he takes slight losses, but every once in a while, when Lehman Brothers falls or autists start betting against hedge funds he makes BANK. Long term it's a very profitable strategy. But don't forget the "well researched" part.

Never forget fellas. That being said this has been entertaining as hell.

I also can't help but wonder how many of these reddit autists know what capital gains tax even is.

They don't, they even warn eachother not to trigger "tax events".

 

[Blake Chortles]

If you bought gme at like 30-50 bucks and want to enjoy the ride, stick it to wall street etc thats all good because that likely where the price will settle so worst case you dont make profit.

If you bought above 100 bucks and havent sold yet you are making an objectively bad investment decision. Theres so many things that can happen now that the gloves of legality are off. Take the 300% win and look at next way to win. Anyone holding now is doing it as a political statement and no respectable person does stupid shit like that. If someone poked out their eye as a statement about how bad Pelosi is people would call them retarded. We are getting close to “stunning and brave” levels of political retardedness.

 

[Disheveled Human]

If you bought above 100 bucks and havent sold yet you are making an objectively bad investment decision. Theres so many things that can happen now that the gloves of legality are off. Take the 300% win and look at next way to win. Anyone holding now is doing it as a political statement and no respectable person does stupid shit like that.

Fine then take those earnings and invest them into other shorted stocks that have a low entry fee. There is so much fucking opportunity it is insane.

 

[YarrBlueballs]

If you bought gme at like 30-50 bucks and want to enjoy the ride, stick it to wall street etc thats all good because that likely where the price will settle so worst case you dont make profit.

If you bought above 100 bucks and havent sold yet you are making an objectively bad investment decision. Theres so many things that can happen now that the gloves of legality are off. Take the 300% win and look at next way to win. Anyone holding now is doing it as a political statement and no respectable person does stupid shit like that. If someone poked out their eye as a statement about how bad Pelosi is people would call them retarded. We are getting close to “stunning and brave” levels of political retardedness.

0.5 Melvincoins have been deposited to your account.

Thank you for your service.

- HR

 

[Blake Chortles]

Fine then take those earnings and invest them into other shorted stocks that have a low entry fee. There is so much fucking opportunity it is insane.

Agreed. Its why i bought silver last week. Worst case for me i have pms as part of my portfolio when i previously had zero. Best case it goes through the roof and i make some bank.

 

[Disheveled Human]

Agreed. Its why i bought silver last week. Worst case for me i have pms as part of my portfolio when i previously had zero. Best case it goes through the roof and i make some bank.

Silver seems weird to be excited about for one the hedge fund that is getting fucked over has a large investment on it and two what does buying silver have anything to do with the retail investment market, It just seems like a distraction to me to divert attention away from where the real action is. I personally think they want silver to crash the market creating a draw scenario that excuses hedge funds to pay out.

 

[Nauseated Courgi]

Anyone holding now is doing it as a political statement and no respectable person does stupid shit like that. If someone poked out their eye as a statement about how bad Pelosi is people would call them retarded. We are getting close to “stunning and brave” levels of political retardedness.

Fucking over the rich assholes that have been fucking over anyone that's not them is a political statement?

Edit: made asshole plural

 

[Blake Chortles]

Silver seems weird to be excited about for one the hedge fund that is getting fucked over has a large investment on it and two what does buying silver have anything to do with the retail investment market, It just seems like a distraction to me to divert attention away from where the real action is. I personally think they want silver to crash the market creating a draw scenario that excuses hedge funds to pay out.

I dont think its a short squeeze play as you’d have people just straight being murdered if you tried. Its just really undervalued and will become more useful in the future.

 

[Meat Target]

Where is the kaboom? There's supposed to be an earth-shattering kaboom!

 

[Disheveled Human]

I dont think its a short squeeze play as you’d have people just straight being murdered if you tried. Its just really undervalued and will become more useful in the future.

Yeah but you can invest in silver any time but what you can't do is invest in retail stock that is being heavily bet against that is a rare opportunity that will not happen again anytime soon so why waste money on a secondary investment like silver when there is clearly blood in the water in retail stock investment.

 

[Fat Gay Riker]

Fucking over the rich asshole that have been fucking over anyone that's not them is a political statement?

Depending on how retarded your worldview is, everything is a political statement or some shit.

 

[HTTP Error 404]

Where is the kaboom? There's supposed to be an earth-shattering kaboom!

Markets don't open for another 30 minutes.

 

[TerminalTryHard]

AMC at 16.56

 

[Aqua Panda]

Markets opening soon.

Let's fucking go. Today will be chaos.