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

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Disheveled Human said:
Fucking retards buying silver. Mark my words they will try to use this as a means to crash the market and void everything...
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And the people who own physical silver that they have in their possession won't be harmed at all. I don't think you understand the differences between stock and precious metals markets.
 
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Superman93's Bitch said:
And the people who own physical silver that they have in their possession won't be harmed at all. I don't think you understand the differences between stock and precious metals markets.
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Look I do not like the way the media is pushing it basically all but saying to people they need to invest in silver if there was not some sort of agenda behind it.
 
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BULLY HUNTER_77 said:
You're on the right track. Assuming AMC doesn't completely go under, people want to get back to their pre-pandemic lives. IDK if it's going to anytime soon though. We already have new COVID strains and the virus isn't magically under control globally now that cheeto hitler has been removed from office.

It's smart money eventually. It's just hard to predict when earth will get over it's mass hysteria.
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I think you're overestimating people's attachment to theaters. For me, it was a nuisance I tolerated to see movies when they released instead of waiting for it to show up on streaming.
 
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DyingStarsForever said:
You did the right thing. Memes aside, the key to getting rich is daring to sell too early.
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Agreed. One piece of Not Financial Advice that I live by is "nobody ever went broke from taking a profit".
Rich Evans Apologist said:
Finance and politics are two pretty obvious ones, where of late an influx of retards have crowded out the people that, y'know, actually cared about that shit and enjoyed it.
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Yep. On that boomer-centric Aussie share market forum I mentioned in an earlier post, there has been an influx of obvious Redditors as of late, shitting up the subforums of a number of ASX-listed companies that I hold.
I'm a long-term holder in an ASX-listed semiconductor company that's been working on ReRAM for a number of years. Said company is now at the stage where there is talk of "corporate transactions" viz. licensing agreements or possibly even a takeover bid.

In anticipation of the quarterly report due out at the end of January, this stonk went up by 50% in just under two weeks. As soon as the quarterly came out - which was a very positive quarterly suggesting that certain milestones had been met, and that the next stage of development was being fast tracked - the price fell by up to 20% during the day's trade, closing at 10% below the open.

The amount of REEEEEEing going on in this forum as a result was fucking ridiculous. Anyone that's been around stonks for longer than 5 minutes knows that there is a cohort of investors that live by the Not Financial Advice of "buy the rumour, sell the news". This is exactly what happened.

Many of the buyers piling in over the previous fortnight were already planning to GTFO and take their winnings as soon as the announcement came out, irrespective of what it said (good, bad or indifferent).

It's great that WSB has encouraged so many folks to take a long hard look at the markets, but FFS do a tiny bit of research before shooting your mouths off. Jebus.
 
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this is how we win the game, fellas
photo_2021-02-01_16-20-07.jpg
 
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Disheveled Human said:
Look I do not like the way the media is pushing it basically all but saying to people they need to invest in silver if there was not some sort of agenda behind it.
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Really the only conspiracy I see is trying to make stupid people buy into SLV so citadel recouped some of their losses on GME shit. The only companies that might be affected negatively by people buying silver en mass would be:

A - Companies lying about how much silver they have
B - Jewelers/Tech companies who have to pay more for materials after this market surge

I struggle to imagine why anyone would want this or if the market activity would even get close to making either of those scenarios a reality. I don't see an ulterior motive.
 
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WSJ reports on the bloodletting. (edit: archive)

Melvin Capital Lost 53% in January, Hurt by GameStop and Other Bets​

It started the year with about $12.5 billion and now runs more than $8 billion. The current figure includes $2.75 billion in emergency funds Citadel LLC, its partners and Mr. Cohen’s Point72 Asset Management injected into the hedge fund on Jan. 25.
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So the reddit retards successfully cut Melvin in half before they got the emergency funds. That's roughly a $6 billion loss for that fund alone. As the lawyer joke says, that's a good start.

The amateurs have made Melvin their principal enemy and have gleefully seized the upper hand. “Only 47% left to go!!” one user posted Sunday. They are exhorting one another to keep buying GameStop stock and call options.
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We can only hope. Semper fi, you beautiful autists.
 
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Bill The Fucker said:
I think you're overestimating people's attachment to theaters. For me, it was a nuisance I tolerated to see movies when they released instead of waiting for it to show up on streaming.
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Always a distinct possibility. Streaming is definitely more convenient and cheaper. Those doubts are why I haven't personally invested in AMC. However, you're thinking like one of us introverted internet autists for which the lockdowns haven't significantly altered how we live our lives.

Normies like to go out and have a night on the town. Sure, you could stay at home, order your shit from amazon, watch Netflix, order DoorDash, and chat with people online. For normies, a virtual experience will never quite compare to the in-person experience of malls, theaters, restaurants, and clubs. Brick and mortar, in general, is going to see a resurgence.
 
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LemmeSee said:
Here's the one of D*** Intrnet IP logging examples that someone mentioned earlier in the thread.
View attachment 1888066
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In 2012 the "most addicted city" according to a global Reddit stats post was an Air Force base whose research lab co-authored a paper in 2014 about how to optimise literal internet brainwashing in a manner which won't tip people off.

eglin.jpg


That was 7 years ago so at this point I assume every site I use is at most only maybe 70% human.
 
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Gimmick Account said:
In 2012 the "most addicted city" according to a global Reddit stats post was an Air Force base whose research lab co-authored a paper in 2014 about how to optimise literal internet brainwashing in a manner which won't tip people off.

View attachment 1888366

That was 7 years ago so at this point I assume every site I use is at most only maybe 70% human.
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If that is the case maybe the country is trying to breed racists. Based.
 
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