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

  • 🐕 I am attempting to get the site runnning as fast as possible. If you are experiencing slow page load times, please report it.
draggs said:
I thought doomsday for hedgies was Friday

Then doomsday was today

Now the end of this month and today's the first?

2237: HODL, IF WE DONT GIVE IN UNTIL 2500 ITS ALL GONNA COME CRASHING DOWN! DIAMOND HANDS!!!!
Click to expand...

Friday was when a set of short contracts closed out, EOD. Monday is when they're supposed to settle.

...if we were dealing with boring old contracts being treated like normal, that is. But it looks like there's a lot of collusion to allow the immediate shorts to unwind.

It's reasonable for them to hold a short for a few weeks out, and that's not going to spike the price today or until those later ones come due. It's especially reasonable for hedgies to short even more once they know they have the market under their control.
 
  • Thunk-Provoking
Reactions: IAmNotAlpharius
Bill The Fucker said:
Holy shit, my copy of wild guns is now like $300+
What the fuck is causing this spike?
Click to expand...
Mostly tons of people stuck at home due to the coof lockdowns with lots of time to play vidya, stimmy cheques and a need to relive their youth. More people buying the vidya than copies left in the world = higher prices.
 
  • Agree
  • Like
Reactions: Orange Rhymer, I Love Beef and Pocket Dragoon
Harvey Danger said:
Friday was when a set of short contracts closed out, EOD. Monday is when they're supposed to settle.

...if we were dealing with boring old contracts being treated like normal, that is. But it looks like there's a lot of collusion to allow the immediate shorts to unwind.

It's reasonable for them to hold a short for a few weeks out, and that's not going to spike the price today or until those later ones come due. It's especially reasonable for hedgies to short even more once they know they have the market under their control.
Click to expand...

I'm glad to get these good faith explanations when I'm just trying to troll
 
  • Feels
Reactions: Water-T, IAmNotAlpharius, Pocket Dragoon and 1 other person
furūtsu said:
I have a buddy who sold his copy of Silent Hill. It was like 10-20$ used pre-COVID, now it's something like 150$.
Click to expand...
Collectibles markets have been oddly hot since the stimmies came out. I play(ed pre-coof) Magic on the side for a bit of fun distraction, and a bunch of crap I picked up for a buck or two has shot up to some pretty ridiculous amounts. It's bizarrely a hobby that I might be able to actually break even on if I cash out.
 
  • Like
Reactions: GloJojo, Water-T, Borrisokeane and 3 others
Pee Cola said:
Rossmann tears into yet another shitty MSM article on GME. With a title like "Do you know who the good guys are? It's the hedge funds and the short sellers", you know this is going to be a good video. ( article | archive )

Click to expand...
If WaPo is against you, you know you are correct.

HODL BROTHERS
HODL.
 
  • Winner
  • Informative
  • Like
Reactions: Borrisokeane, Pee Cola, BULLY HUNTER_77 and 2 others
Selfie of people who don't HODL
IMG_20210128_163137.jpg
 
  • Like
  • Winner
  • Informative
Reactions: GloJojo, GigaKike, Least Concern and 27 others
Harvey Danger said:
Friday was when a set of short contracts closed out, EOD. Monday is when they're supposed to settle.

...if we were dealing with boring old contracts being treated like normal, that is. But it looks like there's a lot of collusion to allow the immediate shorts to unwind.

It's reasonable for them to hold a short for a few weeks out, and that's not going to spike the price today or until those later ones come due. It's especially reasonable for hedgies to short even more once they know they have the market under their control.
Click to expand...
If the major share holders hold strong which it looks like is going to happen (anyone holding 100< who cares sell them and be happy with the profit) they will have to settle and negotiate prices come end of February early March the latest and that will be some fat cash.
 
  • Thunk-Provoking
Reactions: IAmNotAlpharius
Merry said:
I posted about how I enjoyed the WSB subreddit a few days ago but now it's a pure pisshole of generic Redditisms. Extremely disappointing, hope it gets better after the hype dies down. I'm seeing tons of "I'm 12 and just learned what a short is, now I'm a finance expert"
Click to expand...
This event was WSB's crowning achievement and also its undoing. Its posting culture was a good barrier keeping the unwashed Reddit masses at bay, but that appears to be broken. Now that's it's gone mainstream I expect them to institute some heavier moderation as well.
 
  • Agree
  • Feels
  • Thunk-Provoking
Reactions: PozzedByCoronachan, MicrowavedApple, ConfederateIrishman and 4 others
Merry said:
How many people are gonna ruin their lives then blame silver/Wall Street because they are YOLO retards

View attachment 1887612
Click to expand...

WSB was always YOLO retards. They literally have a YOLO tag category for posts. They also thrive on loss porn.

/u/DeepFuckingValue, the guy who bought GME at $5 back in 2019 and held it to a $43 million gain last week, called it a YOLO bet from the very start. "What's an exit strategy?"

Everyone getting all excited to bleed some bankers (myself included) needs to remember this. WSB are not the vanguard of a revolution or resistance, they literally just want loss porn coming from the other side. Whether they get it or not, they're going to keep doing more stupid bets anyway.

(SLV is one of those stupid bets, by the way. You aren't going to squeeze those holders out of their price manipulation. The US and UK governments have been trying for years and failing, you think reddit retards already tapped out to hold GME are going to do it?)
 
  • Like
  • Winner
  • Agree
Reactions: GloJojo, Buttigieg2020, Orange Rhymer and 9 others
  • Like
  • Informative
  • Mad at the Internet
Reactions: Orange Rhymer, IAmNotAlpharius, Carlos Danger and 3 others
my mom who just watches normie news told me silver is on the rise. This is an obvious trap since my mom is stupid and repeats what the news tells her to do, so do the opposite. Stop buying silver its there to either distract potential retail investors or will be used as a legitimate excuse to crash the markets voiding everything.
 
  • Like
  • Feels
  • Dumb
Reactions: the fall of man, Casshern, TombaHat and 12 others
You must log in or register to reply here.
Back