eot
Banned
Agreeing with AOC, this can't be
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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
Agreeing with AOC, this can't be
HoodWinked
Member
well reddit is back at least
haxan7
Banned
Trying to destroy them only makes them more powerful
D
Deleted member 17706
Unconfirmed Member
I wonder what deep fucking value gonna do tomm???
Man... if he holds. He'll have my respect if not any money
SpartanN92
Banned
Reddit - Dive into anything
www.reddit.com
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infinitys_7th
Member
After giving it some thought, the best thing the WSB community could do would be to partner with Josh at the Kiwi Farms. He is in constant need of money due to the financial community fucking him over. He does all his own hosting and has the best insulation against deplatforming.
If some of the wealthier guys in WSB bankroll him (even just a few grand a month each) and start a site, they could start do other massive collaborations like this to build capital.
If some of the wealthier guys in WSB bankroll him (even just a few grand a month each) and start a site, they could start do other massive collaborations like this to build capital.
D
Deleted member 17706
Unconfirmed Member
Especially when they don't even need to play by the same rules. They can deal at different times. Do massive plays and coordinate with other big movers. They have the ear of politicians and regulators and probably even big tech executives. It's a completely rigged game, but we played anyway!
StreetsofBeige
Gold Member
I agree.
I see this like BLM/Antifa mobbing. If gov wants to crack down on rioting, you got to go in hard. If all you do is skirt around the issue and let it fly, they will keep doing it and it'll get worse and more hardcore.
Just like the mayor making a call on stern or lax police, same here. If the SEC truly believes its shady shit and GME isn't allowed to go to $300, then you got to come down hard.
haxan7
Banned
What is happening right now. I just agreed with AOC and something NI said within the space of 30 minutes.
D
Deleted member 17706
Unconfirmed Member
Welcome to Biden's America!
UnravelKatharsis
Member
Biden's got us coming together already. Il be damned.
CrankyJay™
Member
I wish I bad the balls to YOLO, I’d probably donate a bunch of it to charity anyway.
haxan7
Banned
I'm in for my full Christmas bonus of $5k and sold some Spotify that I bought at IPO to buy even more.
D
Deleted member 17706
Unconfirmed Member
Started at $220 or so today, right? Not bad.
Mr Nash
square pies = communism
So, buy the dip? =p
haxan7
Banned
I almost did but I wavered.
infinitys_7th
Member
WSB does not appear to be backing down:
I love defiance. It's the most precious human trait.
To $5000, to the moon
I love defiance. It's the most precious human trait.
To $5000, to the moon
UnravelKatharsis
Member
No it opened around 348 iirc. I know it was over 300, but it did dip to 300 pretty quickly.
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haxan7
Banned
nvm
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infinitys_7th
Member
How can you not like the stock? Reggie Fils-Aime is a sure thing. I'd buy a dozen shares.
Porcile
Member
nvm
I'm don't what you originally wrote but to follow up my point, I'm not saying people shouldn't do this, especially if you are willing to gamble some cash, but it's cringey reading posts from unemployed people and people on benefits thinking about putting money into this, since more than likely in any normal circumstance they would be completed adverse to gambling their money in the short term and even more adverse in the long-term.
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haxan7
Banned
It was an unnecessary dig at Resetera. I'm better than that!
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Mr Nash
square pies = communism
From what I can see, they're doing it in hopes of sticking it to hedge funds. They aren't terribly concerned about profits and don't care if they lose everything they put in. They just want to see Wall Street burn. Whatever they're paying for GME is just the price of admission in their eyes.
CrankyJay™
Member
Tomorrow is going to be fucking wild. I may have to call in sick.
infinitys_7th
Member
D
Deleted member 17706
Unconfirmed Member
It kind of makes sense. Society has been shut down for coming on a year now depending on where you are and lots of people are out of work. They're depressed and pissed off with politics and everything going on in the world, and they see lots of the aid money from Trump go straight to corporations and wall street while they get pocket change and it's increasingly looking like the same will happen under Biden. This movement with Gamestop represented a rare opportunity (whether or not it ultimately blows up in everyone's faces or not is yet to be seen) to simultaneously stick it to the assholes on wall street, make some money, and protect a company that a lot of people have fond memories of (and lots of negative ones, too). It's kind of a perfect storm.
Still, if they crack down too hard on the retail investors and start talking about regulating stock discussion in online communities while society is still shut down and everyone feels like there is no future, I think that could get nasty fast. Could potentially radicalize a lot of desperate people that feel like they're being pushed too far.
ManofOne
Plus Member
Nah, they have a goal. Bankrupt Melvinand go to the moon
Man if AMC goes 200.0% tomm
infinitys_7th
Member
Man if AMC goes 200.0% tomm
If the powers that be had disrupted the community, I'd say there was a chance. But now they have multiple redundancies, and I'm sure some of them are smart enough to do what I said and throw together some federated services to use for coordination as well in the background. They are pissed now too.
Tomorrow is going to be amazing. I just hope they can keep up the pressure until Friday.
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infinitys_7th
Member
haxan7
Banned
I’m hoping he turns out to be DFV
UnravelKatharsis
Member
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ManofOne
Plus Member
Hey,ManofOne , can you explain that after hours GME activity for us idiots?
How did the price tank so much? It happened so suddenly. Like a drop of $80+ in minutes with most of the retail sellers not having any ability to trade at the time.
Two ways one if a lot of people are filling orders out via their trading apps. Some trading apps allow all night trading, some allow 2 hours after market, some 30 min.
However, most of it is often when ppl have orders on hold, so the app would accept the order but won't fill it till opening time.
So depending on the amount on hold for buying and selling you would see that.
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infinitys_7th
Member
I hope he used a VPN if he is. I'd say the feds will be going after that guy for EcOnOmIc TeRrRoRiSm or whatever the establishment pretends happened.
Hope so. Donate to charity like the other guy
Nah, keep the capital and use it for more of these operations to buy stocks we love
BigBooper
Member
You think there's anything to the idea, or is it possible, for firms to trade between each other after hours to artificially lower the price for market open?
UnravelKatharsis
Member
Well I don't think elon musk needs the capital for that but I'm fine with that tooI hope he used a VPN if he is. I'd say the feds will be going after that guy for EcOnOmIc TeRrRoRiSm or whatever the establishment pretends happened.
Nah, keep the capital and use it for more of these operations to buy stocks we love
ManofOne
Plus Member
You mean OTC? Some firms do OTC but most transactions occur within the exchange.
I'll add as well after hours you could see wild price swings but barely any volume. So like 5000 shares could send a stock flying 10% or drop 10% depending on float.
UnravelKatharsis
Member
If they're buying and selling each other their own shorts that won't change the price they owe on it.
infinitys_7th
Member
Well I don't think elon musk needs the capital for that but I'm fine with that too
That's kind of what I was saying in another thread - WSB as a community could use this to snowball their capital and buy more stocks and keep doing this over and over.