americanohno
01.27.21 | I'm learning new #finance words and terms which is making feel smart. Which in a way is worth more than millions of dollars. |
LeddSledd
01.27.21 | that one dude who sniped it like a year out is so fucking insanely rich now |
americanohno
01.27.21 | is that the DeepFuckingValue guy lol?
5th richest man in the world now |
rufinthefury
01.27.21 | AMC money aint going quite the way I wanted yet but GME is some good stuff mate |
DungeonBoy
01.27.21 | AMC is next week bro |
brainmelter
01.27.21 | Hold gme boys do not fear |
Relinquished
01.27.21 | actually yes lmao my stock buddies and I have been speechless this morning
racks on racks |
LeddSledd
01.27.21 | establishment folks shakin! |
brainmelter
01.27.21 | yea they asking for regulations now bwahaha |
DungeonBoy
01.27.21 | might as well just shut down the internet |
rufinthefury
01.27.21 | yall seen CNBC? The hosts were fucking SHOOK |
sonictheplumber
01.27.21 | i bought 10 bucks in gamecock |
Egarran
01.27.21 | I still don't really understand this, but I hear the bad guys are losing so yay! |
americanohno
01.27.21 | Game Stop in the year of our lord 2022:
https://twitter.com/OrwellNGoode/status/1354570811458412546 |
americanohno
01.27.21 | & not too get to political but always remember wokescolds are pawns of the ruling class and enemies of the true proletariat:
https://twitter.com/ColumbiaBugle/status/1354570552262991875 |
Keyblade
01.27.21 | the columbia bugle, protector of the proletariat since 1/27/21 |
americanohno
01.28.21 | Longer than that keyblade I remember him sticking up for that based and redpilled forklift operator in NY that got doxxed by the media for sharing pizzagate memes on facebook. |
Orb
01.28.21 | Im banking on NOK |
brainmelter
01.28.21 | yea NOK and BB looking good |
ConcubinaryCode
01.28.21 | So anyone savvy enough to explain to the common pleb? All I got is some firm was trying to crash gamestops stock and some redditors made it go up? How does that all work and why is it done? |
americanohno
01.28.21 | here's an explainer:
https://www.youtube.com/watch?v=4EUbJcGoYQ4&list=LL&index=1&t=2s&ab_channel=LouisRossmann |
ConcubinaryCode
01.28.21 | Great video, he made it seem simpler than everyone makes it up to be. I assume this is a big deal because people have easier access to stock share buying and it fucked over obvious manipulation? |
LeddSledd
01.28.21 | welp |
MO
01.28.21 | good this is the beauty of capitalism. the powers that be are going to try and stop this from happening so quickly it's hilarious. rules for thee not for me |
evilford
01.28.21 | I still don't really understand this, but I hear the bad guys are losing so yay! [2] |
sonictheplumber
01.28.21 | so what do i buy next? |
americanohno
01.28.21 | https://twitter.com/McBricko/status/1354588665943642114 |
americanohno
01.28.21 | https://twitter.com/PunishedJamesF/status/1354559813154447361 |
rufinthefury
01.28.21 | OH MY GOD BOYS WE'RE IN THE FUCKING MONEY LETS GOOOOOOO |
DungeonBoy
01.28.21 | I have never been more entertained by an investment I have zero stake in. It's honestly just amusing to watch what's going on here. |
rufinthefury
01.28.21 | this premarket shit is a scam and honest to god fraud and LITERAL market manipulation. throw these hedgefund fucks in jail |
AlexKzillion
01.28.21 | Lmao they delisted gme, amc, and nok on robinhood. What a bunch of pussys |
DungeonBoy
01.28.21 | yeah.. idk, just also saw Robinhood is not allowing buying any new shares of GME, BB, NOK, or AMC... |
DungeonBoy
01.28.21 | lol posted at the same time MR ALEX K |
sonictheplumber
01.28.21 | well they fucked us |
rufinthefury
01.28.21 | same on my TDA. This is literally going to result in a class action lawsuit against them, it's gonna get filed. |
sonictheplumber
01.28.21 | they cancelled my pending orders but i still have $10 in gamestop lol |
brainmelter
01.28.21 | what a bunch of cowards, so much for the free market |
americanohno
01.28.21 | https://twitter.com/devilspalm16/status/1354835447722160131
^ - great thread updating all the goings on w/ the GME stock/robinhood shit. |
hal1ax
01.28.21 | meme stocks |
americanohno
01.28.21 | Silver the next meme investment...?
https://twitter.com/cirnoplusplus/status/1354844341856952321 |
americanohno
01.28.21 | https://twitter.com/stefan_arrr/status/1354852673728770051 |
rufinthefury
01.28.21 | My rage is literally off the charts. This is the most angry I've been at anything non-political in a while. |
LeddSledd
01.28.21 | I'm glad this is uniting everyone on the political spectrum, though. Fuck those Wall Street money grabbers |
unclereich
01.28.21 | ^ |
ChoccyPhilly
01.28.21 | No because the powers that be decided us normal folk aren't allowed to win. Only lost like 50 quid though so it wasn't that bad but I really hope there are some repercussions for this |
ChoccyPhilly
01.28.21 | Also if you guys could all HOLD THE FUCK ONTO BB, that would be great k thx |
rufinthefury
01.29.21 | The lawsuits are here. Wall Street actually getting punished for once? Count me in. |
ResidentNihilist
01.29.21 | I thought robinhood had unbanned gme trading |
hal1ax
01.29.21 | only elite plutocrats are allowed to manipulate stocks and drive companies into the ground lol. fuck em all. hopefully the lawsuits are fruitful. |
Hyperion1001
01.29.21 | my therapist is gonna be hearing for years how i figured out in early 2021 that my fetish was watching rich assholes lose their entire fortunes to a bunch of retards on a message board |
hal1ax
01.29.21 | haha |
AlexKzillion
01.29.21 | doge |
DungeonBoy
01.29.21 | it's time BOYS! |
Relinquished
01.29.21 | cashed out and made what I would make in a year this is insanity |
DungeonBoy
01.29.21 | I believe they would call you paper hands my good man, but congrats, we all have our moon |
Relinquished
01.29.21 | I rather not pay attention to it for too long, but I already reaped month old reapings |
tectactoe
01.29.21 | is it gonna dip again today? wanted to buy a few more shares but hoping it would get below at least 250/s at some point. |
AlexKzillion
01.29.21 | As fun/retarded as this week's been I'm tapping out now and adding to my long term positions with everything being blood red today. I wanna be able to sleep again lol. |
tectactoe
01.29.21 | what are you long terming?
right now i've only got shares of Disney and Roku for long play. had em over a year now.
what else is looking good?
you planning on dumping anything into AMC, BB, or NOK? lol |
AlexKzillion
01.29.21 | The main big techs, SQ, DKNG, clean energy/solar etfs. Just stuff I've been holding since I initially started that I haven't really added to in a minute. Chasing these short squeezes is exhausting, especially when you're a business major in multiple groupmes full of your peers shouting KEEP BUYING I TOLD YOU SHOULD'VE BOUGHT THIS TO THE MOON WE GO. You're the out-group if you're not doing it. I'm good. Just don't have the stomach to do that for more than a couple days. |
DungeonBoy
01.29.21 | your sanity is more important than being absolutely digustingly filthy rich, godspeed good sir |
rufinthefury
01.29.21 | I have no problems with anyone getting off because 1) theyve already made disgusting gains or 2) the stress is too much.
that said DIAMOND HANDS WE'RE ROCKETING TO THE VOID FUCKERS |
tectactoe
01.29.21 | I agree, this short squeeze chasing and even typically day trading and penny stock stuff isn't normally for me. But I got lucky and caught this when GME was 93/s. Kicking myself for not buying more. But at this point, it's almost more about goddamned principle than making cash. Of course I wouldn't hate coming out with some tendies but I'm prepared to break even if it comes to that. I just hate having to keep the Robinhood app open 24/7, it's like I can't get shit else done lol. |
hal1ax
01.29.21 | this whole ordeal has taught me more about the stock market than i've ever had a willingness to know before. think i might do more research and try to make some moves. |
Egarran
01.29.21 | You're on the front line, tec! No remorse! |
Egarran
01.29.21 | Also we've been waiting for a wealthy dude to fund the Sputnik commune. |
DungeonBoy
01.29.21 | hal1ax what i love most about all of this is the common pleb (myself) has learned sooo much about how the whole thing works through all of this. It was a huge educational opportunity for a lot of people and I think the sudden interest (har har) in investing is really cool to see |
hal1ax
01.29.21 | yea agreed dungeon |
Keyblade
01.29.21 | all this told me is this shit is still too much hassle and stress on the heart lol. wage slave to the grave it is |
sonictheplumber
01.29.21 | im rich. |
LeddSledd
01.29.21 | I'm incredibly wealthy but I'm deliberately not giving any to Sputnik to keep you guys in the Stones Ages of the internet |
Egarran
01.29.21 | I may not be rich but i have a string of successful rap albums behind me |
hal1ax
01.29.21 | i own several valuable magic cards |
tectactoe
01.30.21 | took everything in me not to sell when things were up around/above 400. but at this point, making all these rich gelatinous fuckwads sweat is more pleasurable than money could ever be. and as long as i exit above 93 i’m solid. |
Egarran
01.30.21 | Fuck yes tec! |
cordwainerbird
01.30.21 | grabbed 1 gme share yesterday at a dip just to be a part of counterdystopic history
to the moon, diamond hands, etc etc |
cordwainerbird
02.02.21 | fuck |
ReefaJones
02.02.21 | pahahaha lmao @ everyone who fell for that ponzi scheme |
ReefaJones
02.02.21 | "making all these rich gelatinous fuckwads sweat is more pleasurable"
You realize that those who made the most money from this are also other hedgefonds and asset managements right? The "little man", with the exception of a couple of early birds, made fuck all lmao. Most of the "little guys" lost all their money. Hilarious. |
LeddSledd
02.02.21 | damn |
GhandhiLion
02.02.21 | Reefa is correct. This event has taught me that redditors have no clue about the market. It's hilarious. |
GhandhiLion
02.02.21 | "Oh I know im not gonna profit. It's about sending a message mannn." |
ReefaJones
02.02.21 | "Hold guys, hold!"
https://i.kym-cdn.com/photos/images/facebook/001/096/564/2f7.jpg |
LeddSledd
02.02.21 | >when realization hits that you were just making early bird Redditors richer
"I wasn't actually going in for profit, l-lol!" |
GhandhiLion
02.02.21 | https://twitter.com/redditinvestors/status/1356736390818639872 |
AlexKzillion
02.02.21 | Anyone who has an elementary understanding of how the stock market works should've known that $300+ prices were only gonna hold for a week at the absolute most. Again, this is fucking Gamestop and AMC were talking here, these companies are corpses.
I threw roughly 1k at of the earlier GME dips last week out of FOMO, made like two weeks worth of my typical full time pay on the bounce, and fucking sold that shit. Looking back I was probably stupid for even attempting that. You were absolutely playing with fire if you didn't sell before the weekend and people got burned. |
AlexKzillion
02.03.21 | Also, I kinda hate that this all happened because now WSB as we knew it is dead. It's completely overran by people who had either never heard of it or made it the butt of every joke 10 days ago. |
cordwainerbird
02.03.21 | gonna hold. didnt put in too much so i dont have that much to lose. hopefully this isn't over |
ReefaJones
02.03.21 | hey, at least you made these guys happy:
https://i.redd.it/rbi1br0p2re61.png |
Egarran
02.03.21 | I always go on sput for the best insight on stock market movements |
tectactoe
02.03.21 | ‘ You realize that those who made the most money from this are also other hedgefonds and asset managements right? The "little man", with the exception of a couple of early birds, made fuck all lmao. Most of the "little guys" lost all their money. Hilarious.’
Yes but that’s an inevitable part of playing the market. It’s not my fault if people honestly expected GME to hit 1000. I can’t be held accountable for that level of stupidity. I was waiting for another waft above 300 but got put around 270 because I wasn’t feeling good about it. Made a few thousand and glad to be part of a historical week. Hedge funds still lost a bunch of money they otherwise wouldnt have, and looked like idiots and proved themselves to be the mass manipulators we always knew they were in the process. I’m okay with that. These people who dumped 50k into the stock at 300 and HOLD are just stupid and that’s not anyone’s fault but their own. |
DungeonBoy
02.03.21 | while there was a lot at play here did you know the media would spin this the way they did? Did you know RH and other exchanges would disable stock purchasing? It had the potential to skyrocket, hindsight's 20/20 and it sounds like a little bit of survivorship bias to me. But to be fair the idea that weak hands wouldn't fold was also laughable. People in way too over their heads trying to get rich. |
ReefaJones
02.03.21 | "Did you know RH and other exchanges would disable stock purchasing?"
They had to stop the purchasing because they couldn't front the necessary collateral in time. There were an unprecedented number of people trying to get in that no brokerage could have been ready for. |
GhandhiLion
02.03.21 | ^^Yup, the clearing houses don't have anywhere near enough money to clear those trades. |
DungeonBoy
02.03.21 | yeah we've heard the narrative, but regardless, the point is it stifled that wall of money flooding into GME that had the potential to moon it |
GhandhiLion
02.03.21 | "narrative" lol, it's just the facts.
The only potential misconduct that I know of is that citadel are front running. But there's no evidence of this and it's highly unlikely they could hide it.
|
tectactoe
02.03.21 | Why only specific brokerages, though, suspiciously those that are heavily funded by Citadel and other large hedge funds with a lot at stake? I use Fidelity and they never once limited trading on any company. Same with Webell from what I understand (they apparently stopped trading for about two hours then immediately resumed it as usual). |
ReefaJones
02.03.21 | "Why only specific brokerages, though, suspiciously those that are heavily funded by Citadel and other large hedge funds with a lot at stake? I use Fidelity and they never once limited trading on any company. Same with Webell from what I understand (they apparently stopped trading for about two hours then immediately resumed it as usual).
"
Naturally, the brokerages with the largest influx of new people would also be the ones running in to problems first. Also, different clearing houses. I only know that Citadel is a customer of Robinhood. Don't know about the others or if you made that up. |
madrigal30
02.03.21 | i do wish that wsb were in this to forge some kind of longterm destruction of the stock market and not personal gain, but i also don't expect much from reddit-using right wing libertarians so i guess make that coin |
TheSpaceMan
02.03.21 | I love people like GhandiLion acting like they know wtf theyre talking about more than anyone else. Pot calls the kettle black lmao fuck off |
GhandhiLion
02.03.21 | My tone is as it is because there's a shit tonne of populist misinformation out there right now that's leading people to be the victim of a ponzi scheme.
And to humble myself, ReefaJones probably knows way more about this than I do. |
madrigal30
02.03.21 | ghandi does not like the stock |
GhandhiLion
02.03.21 | daddy elon musk will help us stop corpo 🚀🚀🚀🚀 |
madrigal30
02.03.21 | "daddy elon musk will help us stop corpo 🚀🚀🚀🚀"
based chungus epic keanu upvote karma reddit gold 420 fortnite moment |
AlexKzillion
02.03.21 | thank you kind stranger |
TheSpaceMan
02.03.21 | username checks out |
LeddSledd
02.04.21 | wholesome cobalt mine daddy 💎🙌 |
hal1ax
02.04.21 | gamestonk |
americanohno
02.04.21 | i bought 30 ozs of silver coinage at 29$$ per oz. Down to 26$$ per oz now....
gonna jump off a 5 story bldg tomorrow... |
hal1ax
02.04.21 | is silver the new meme stock |
Colton
02.04.21 | I used to have so much bitcoin, shit is depressing. But I just got back in 2 days ago and it went up like 6% so that's cool I guess |
americanohno
02.04.21 | @ hal1ax
yeah reddit was tryin' to short squeeze silver after gme and amc but before dogecoin |
ReefaJones
02.04.21 | "I used to have so much bitcoin"
Imagine how this guy feels now:
https://www.youtube.com/watch?v=n5uoEqb3VaQ |
ResidentNihilist
02.04.21 | CryptoColton and ReefaJones: Now that's a pairing |
MO
02.04.21 | this whole saga has been wild, but the massive selloff is a classic example of basic stock inflation with no solid business plan or fundamentals. it was inevitable it would come crashing back to earth
people jumped in for a quick buck and anyone who didn't sell after it hit even 250 is a dummy |
cordwainerbird
02.04.21 | good learning experience. lost a few hundo but it reminded me that the stock market exists and now that i have an acc i can use it to invest in companies i have high confidence in
can't believe the reddit mob convinced me gme was going to spike again smh. im still holding bc selling for pennies is useless but ive made peace w the L |
unclereich
02.04.21 | Pre split tsla checking in |
americanohno
02.06.21 | I am now the proud owner of 30 1oz silver coins. If anyone here is willing to betray their lord with a kiss hit me up. |
Parallels
02.06.21 | I made $240 from Doge and GME |
DungeonBoy
02.07.21 | Get yourself some tendies Mr moneybags |
gschwen
02.07.21 | I have one share of Tesla that is up $400 |
Parallels
02.07.21 | Same lol |
AlexKzillion
02.23.21 | Bad day to be in the ev game holy fuuuuuck |
Egarran
02.23.21 | How did this go? Did anybody get rich? I only heard about a dude who killed himself. |
unclereich
02.23.21 | Tsla at 619 💦 you better have jumped on that |
DungeonBoy
02.23.21 | just buy anything, everything is crashing, we're all doomed. looks like bitcorn on sale too, I saw someone on here into that. |
AlexKzillion
02.23.21 | Haha yeah days like this are when I regret not having a couple k in cash set aside precisely for events like that. |
unclereich
02.23.21 | Or you can be like me and not buy and wait for it to dip more only to get burned and regret not buying haha. I bought a lot of tsla last year before the split and sold a good amount off back in December so I didn’t have to work as much this year and now I want to scoop more up. Would love to see it at 500 and buy 50 shares. |
Egarran
02.23.21 | lol so nobody knows how this actually went |
AlexKzillion
02.23.21 | Some people made a lot of money, a lot more people lost a lot of money, free market isn't actually free, everyone and their mother is on wsb now, the end |
Egarran
02.23.21 | Thanks! I will look elsewhere for more details. |
AlexKzillion
02.23.21 | Yeah there's a lot of good longform retrospectives on it now but that's the tldr. Just reading this thread is pretty cool for real time reactions if you weren't living it / closely following it in the moment. |