americanohno: You guys Millionaires from Short Squeezing Gamesto

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.