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

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Elysian said:
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.
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Hope they've discovered emulators. Wild Guns is a good game, but not $150 good. Same goes for Silent Hill. Remember seeing Shin Megami Tensei 4 for way over 70 dollars just for the cartridge.

SMT in general was hit hard by this spike in the used game market. It's good they want to play real SMT games, but please just use an emulator. SMT1 and 2 with the translation patches run on potatoes. The FBI won't bust in the door over downloading 30 year old RPGs. They'll bust in the door and dance furiously.
 
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Pocket Dragoon said:
I don't know; the odds may still be stacked in the house's favor, but they're still a helluva lot better than 1% drop rates for hot pixel waifus.

And at least doing a modicum of market research goes a long way towards improving those odds, which shouldn't be a problem considering how there's a wiki for fucking everything now. The amount of knowledge available for new investors these days is insane, especially considering the quasi-mystical & exclusive market environments in the 80's & 90's.

Unless you were a turbo-autist with money and investing as a kid from the start, getting in late was usually a losing proposition, especially after the bubbles started popping. It took years of research & often mentorship to find the knowledge & confidence required for making serious money (beyond vanilla 401K /employer stock options).

The thing is, there's far more *bad* info around than good, especially now.
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And at least they have the chance of making money whereas with loot boxes it’s always digital crap that they don’t own or can profit from.
 
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WinchesterPremium said:
AMC going in a deep dive before closing. I'm going in hoping that it raises back up tomorrow. Wish me luck.
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I'm glad I only have 10 shares in. I lost about $40. The real problem was the massive after-hours trades and then it cratered during the day.

EDIT:
I still don't believe AMC is a terrible investment, it will just probably take a lot longer to pay off and it won't make you super rich. I might open a vanguard account just for the long game and super safe investing, I just don't have the capital for it.
 
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Secret Asshole said:
I'm glad I only have 10 shares in. I lost about $40. The real problem was the massive after-hours trades and then it cratered during the day.
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I actually just missed buying some today >_>. Honestly I'm not hoping for any kind of absurd jumps like with GME, I'm just hoping to get a moderate increase. If I had got in on 13 and sold tomorrow at 16 or 15 I'd be happy.
 
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Secret Asshole said:
I'm glad I only have 10 shares in. I lost about $40. The real problem was the massive after-hours trades and then it cratered during the day.

EDIT:
I still don't believe AMC is a terrible investment, it will just probably take a lot longer to pay off and it won't make you super rich. I might open a vanguard account just for the long game and super safe investing, I just don't have the capital for it.
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I hope it goes to around $10 so I can grab more at a lower price and hold. All of these stock I expected falls today none of them crashed so im not buying the numbers they are presenting. My friend tried to buy GME when it hit $220 and he said the only listers available at that moment wanted $270+ so people are holding and the market price displayed is off by a bit or delayed.
 
Disheveled Human said:
You know that is what they wanted to say lol.

Here is an article in the same vain
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I mean if you want to radicalize retail investors just send them a context-free CNBC live stream link right now. It's literally just all Jews trying to use a combination of lies and political leverage to fuck average people out of money.
Disheveled Human said:
I am loving this Silver rush push nobody is buying it look at this Bloomberg article and scan the comments LMAO
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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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Unironically a deradicalization tactic.
 
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Secret Asshole said:
I'm glad I only have 10 shares in. I lost about $40. The real problem was the massive after-hours trades and then it cratered during the day.

EDIT:
I still don't believe AMC is a terrible investment, it will just probably take a lot longer to pay off and it won't make you super rich. I might open a vanguard account just for the long game and super safe investing, I just don't have the capital for it.
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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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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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It might be the only movie theater company in business after the pandemic assuming people hold long term.
 
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