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2021-01-25 09:50 #32661I like to eat food
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2021-01-25 09:51 #32662I like to eat food
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I feel the same way about that economy thread. I have to pay more attention in the future. I just thought the Reddit guys were a bunch of bullshit so I never really looked into it.
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2021-01-25 09:54 #32663HABS SUCK!!!!!
Sepukku is my Hero
Therrien's Cum Dumpster
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You have to be retarded to not get yourself involved in stock exchange, look at all the money theyre making and how easy it is.
Meanwhile, the stock exchange is heavily influenced and manipulated by autists from reddit.
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2021-01-25 09:59 #32664I'll change yer fuckin rate you derivative piece of shit
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It honestly feels like reddit autists are an unpriced externality to these stocks and the market hasn't figured out how to incorporate that "knowledge" efficiently yet. It's even further removed from actual corporate valuation tools like earnings. These people were trained in the absolute irrationality of crypto and are now bringing their meme powers to real companies.
It's kinda terrifying lol
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2021-01-25 09:59 #32665Relic Horn
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I've also seen the people posting their portfolios going down 98% on wsb lol
I did max out my 401k last year but thats the extent of my "investments" lol the savings account archie got me to open was not bad until this year when interest apparently went to 0.0002%
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2021-01-25 10:32 #32666Caesar Salad
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Today, I made more money by accidentally buying options on my trading app than I will all day at work.
You have to be a Retard not to get in it, even if only passively.
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2021-01-25 10:40 #32667I like to eat food
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I have other investments it's just that I never taking the autists at Reddit seriously.
Originally Posted by NynJa
I feel like even considering GameStop's position, this wouldn't happen if it were another company. Or at least not to this extreme.
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2021-01-25 10:40 #32668I like to eat food
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But I'm going to throw a few hundred bucks at it and see if I can get a little something out of it.
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2021-01-25 10:44 #32669Caesar Salad
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You're right it wouldn't happen to most companies. Most companies didn't have double digit percentages of their accounts into shorting GameStop, and the repercussions for that when an army of autists decide they're going to fuck over the man and save everyone's favorite childhood store all at the same time lol
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2021-01-25 10:50 #32670I like to eat food
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Exactly. I get Tyche's reply to me in that thread, but it really is overhyped BS that happened to work out. Saying it's simply profiting on "overleveraged shorts" seems too simple. I'm admittedly not as well versed as most people at least give the appearance of in that thread. Me arguing it won't help anything.
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2021-01-25 10:52 #32671I like to eat food
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Boyiee seems to think it'll hit $1000, but I don't think people would ride it that long. Unless he was talking about something else.
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2021-01-25 10:58 #32672Relic Horn
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"overleveraged shorts" literally means we noticed we can bully these people if enough of us buy this stock for literally no other reason
ngl the entire stock market seems like a scam
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2021-01-25 10:58 #32673Caesar Salad
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For an instant, it's not impossible to spike that high cause these institutions who shorted it are fucked. But you're right, at those prices people gotta be thinking about that house they can buy, wedding they can have, vacation or party they can throw...
The urge to cash out and live luxury is strong when you're up 5000% lol
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2021-01-25 10:59 #32674Caesar Salad
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Ngl I do too, but as long as you keep feeding it it's ok... Originally Posted by Fondue
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2021-01-25 11:00 #32675I like to eat food
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I mean I put a limit order at a thousand bucks but I can easily cancel that and set it to something a little more realistic if I see that it starts stalling.
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2021-01-25 11:01 #32676I like to eat food
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I'll tell you what though, I'm definitely going to be following WSB more often now.
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2021-01-25 11:06 #32677Duplicitous Jew with Political Aspirations
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I put $500 on AMC 2 hours ago, and I think I've already made $2. Beats a bank account.
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2021-01-25 11:09 #32678Duplicitous Jew with Political Aspirations
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Ope, nevermind, it just dropped a dollar and now I'm out $50.
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2021-01-25 11:26 #32679Relic Horn
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someone has to buy high and sell low
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2021-01-25 11:41 #32680
Sweaty Dick Punching Enthusiast
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i sure am glad i don't makelose any money with my money
