Economy stonks v13, gamestonkegeddon

[Hadron90]

I really don't know what to tell you dude: Cramer has been out the last two days for some unexplained reason (illness?), and they've had to pull his show from air despite it being listed as airing the last two days (he even promoted an interview with Rokwell Automation on Tuesday morning but it never aired and he hasn't been on since as far as I can telll).

I watch every minute of his show every single day as part of my work, and nothing you say will change the fact he was telling people to check out WSB and explaining the strategy every day last week.

"Some unexplained reason". Hmm...the guy who was pumping WSB and Gamestop suddenly goes off air the moment the stock pops. Gee, what a coincidence.

 

[brackis1]

"Some unexplained reason". Hmm...the guy who was pumping WSB and Gamestop suddenly goes off air the moment the stock pops. Gee, what a coincidence.

The moment it pops? This shit ran to almost $200 in prior days.

Schizo delusions to think that someone whose entire career is built around capturing the attention of doe eyed retail investors, who promoted the squeeze+WSB for a week, would intentionally skip out on a promoted interview/show involving a totally unrelated Rokwell Automation and miss a chance to cover these historic events and soak in the ratings/eyeballs with a monologue.

 

[Gas121]

There is something bigger at stake here tbh.

I personally think the institutions, hedge funds etc are sweating now we are close to Friday and they haven't been able to contain the moonage. The walls are closing in and they know it, this is the last trick up their sleeve but I think it's to late. 3m users on reddit, there getting around 1 mill users a week atm and anyone interested in the market, traders know Friday is the day for blast off. Some will sell but there will be more buyers

Wsbets user increase is huge, all the social groups on fb etc are buying meme stocks. It's the same ol stocks GME, AMC, NOK, BB, BBY you name it. No one even talks about any other stocks anymore.

We will see the biggest change in wealth like never before and everybody should be cheering this shit on tommorow. A big fuck you to the elites. Now fucking hold and watch GME, meme stocks ggo out of orbit.

Position GME, BB, NOK.

 

[Proud American]

Man, this is my gift to you guys. It’s amazing. Things like this make the internet great. Who knew that regular old stonk traders had the power?




tendies is 4chan lexicon. For chicken tendies

edit: I have one more but I sent it to a mod for review

@Gas121 HOLD!

 

[Shoemaker]

We can remain retarded for longer that they can stay solvent.

..........................o
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Drool baby, drool!
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....../ \...../
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../
/

 

[HockeyBjj]

 

[A Very Serious Cat]

You borrow 10 bags of weed from dealer and promise to give him 10 bags of weed back later. You also agree to pay him 1% of the going price of bags of weed every week that you don't pay him back as interest.

I go and buy up the entire worlds supply of weed, and decide that weed is now $1000/bag. You either have to buy $10,000 worth of weed from me to pay your dealer back, or you have to pay your dealer $100 in interest for the rest of your life. That's a short squeeze.

I would think the people buying the shares must be willing to take a loss though, unless they bail at the right time. The underlying company is no different no matter the price change

 

[Cuzcatlan]

 

[Hadron90]

I would think the people buying the shares must be willing to take a loss though, unless they bail at the right time. The underlying company is no different no matter the price change

But it has nothing to do with the underlying company. It has to do with the fact there are more short shares than real shares. Hedge funds made bets with unlimited risk. Its about making them pay for their reckless move.

 

[A Very Serious Cat]

But it has nothing to do with the underlying company. It has to do with the fact there are more short shares than real shares. Hedge funds made bets with unlimited risk. Its about making them pay for their reckless move.

Yeah that is what I was clarifying, if it's more about fucking over hedge funds than it is about making money

 

[PaleMoonlight]

There is something bigger at stake here tbh.

I personally think the institutions, hedge funds etc are sweating now we are close to Friday and they haven't been able to contain the moonage. The walls are closing in and they know it, this is the last trick up their sleeve but I think it's to late. 3m users on reddit, there getting around 1 mill users a week atm and anyone interested in the market, traders know Friday is the day for blast off. Some will sell but there will be more buyers

Wsbets user increase is huge, all the social groups on fb etc are buying meme stocks. It's the same ol stocks GME, AMC, NOK, BB, BBY you name it. No one even talks about any other stocks anymore.

We will see the biggest change in wealth like never before and everybody should be cheering this shit on tommorow. A big fuck you to the elites. Now fucking hold and watch GME, meme stocks ggo out of orbit.

Position GME, BB, NOK.

I think having the forum back up is a big win for peasants.

Just talked to my 2 friends, we’re not selling any GME til Friday. Diamond hands baby. They hate us cus they anus.

 

[Hadron90]

Yeah that is what I was clarifying, if it's more about fucking over hedge funds than it is about making money

Its not about fucking them. When I say "punish them", I mean take advantage of their stupid move. Melvin Capital was worth $14 billion. WSB looted them for all of it because of their unlimited risk position.

 

[PaleMoonlight]

Yeah that is what I was clarifying, if it's more about fucking over hedge funds than it is about making money

It was never about fucking over hedges. They’re part of the collateral damage. Reddit saw what they were doing and exploited their shorts. This would’ve never happened to begin with if hedge funds didn’t put as much shorts as they did.

What’s crazy about this event is that you see how much power Wall Street has from media, discord to politicians. Forgot @brackis1 too. Lol

 

[Proud American]

It was never about fucking over hedges. They’re part of the collateral damage. Reddit saw what they were doing and exploited their shorts. This would’ve never happened to begin with if hedge funds didn’t put as much shorts as they did.

What’s crazy about this event is that you see how much power Wall Street has from media, discord to politicians. Forgot @brackis1 too. Lol

Spoiler

man, TPTB must be waking up in the middle of the night in sweats.

the Capitol, targeting of hedge funds which shows a new form of resistance........

the new domestic terror laws are a grasp of a desperate elite class, that has no intention of representing the people. It’s more interested in using cancerous identity politics to divide so we can’t resist.

 

[senri]

I think having the forum back up is a big win for peasants.

Just talked to my 2 friends, we’re not selling any GME til Friday. Diamond hands baby. They hate us cus they anus.

Well actually the short ratio is 5 to 6, so to cover their short orders it will take them 5 to 6 days on average to do that. So Prices will rise still next week after the Friday catalyst.

 

[senri]

Ah they removed the reddit post talking about the short ratio.

 

[senri]

 

[mkess101]

Its not about fucking them. When I say "punish them", I mean take advantage of their stupid move. Melvin Capital was worth $14 billion. WSB looted them for all of it because of their unlimited risk position.

Of course...the gains are only on paper until the shares are sold. So you have all these WSB guys with massive paper gains saying they're gonna continue the squeeze, which will drive the price even higher for a bit. But to recognize the actual profit, the shares need to be sold. Once that starts happening, they hit the market and the price plummets. And then it's just a matter of who got out first and who's stuck eating the cracker.

 

[Sketch]

To the moon

 

[Grassshoppa]

There is something bigger at stake here tbh.

I personally think the institutions, hedge funds etc are sweating now we are close to Friday and they haven't been able to contain the moonage. The walls are closing in and they know it, this is the last trick up their sleeve but I think it's to late. 3m users on reddit, there getting around 1 mill users a week atm and anyone interested in the market, traders know Friday is the day for blast off. Some will sell but there will be more buyers

Wsbets user increase is huge, all the social groups on fb etc are buying meme stocks. It's the same ol stocks GME, AMC, NOK, BB, BBY you name it. No one even talks about any other stocks anymore.

We will see the biggest change in wealth like never before and everybody should be cheering this shit on tommorow. A big fuck you to the elites. Now fucking hold and watch GME, meme stocks ggo out of orbit.

Position GME, BB, NOK.

Can you explain the bolded text? I don't see how the average Joe is going to get a huge change in wealth? How many shares would Joe have to buy today for it to be worth $1 million based on it's expected ceiling? Otherwise, what's the point of buying 3 shares of Gamestop? That's not life changing even if they go 5x or 10x.