Economy stonks v16, can't spell ludicrous without lucid.

[brackis1]

Agree. My biggest takeaway here is just how clueless so many of these people are.

If someone like me is sitting here wondering how they can be so lost, that's REALLY bad.

Well in that case, they are perfect representatives of their constituents, who are also all morons who caused this lol

 

[rob mafia]

fuck this, i'm gonna sell naked calls and fire up a lawsuit against DFV.

 

[mkess101]

Well in that case, they are perfect representatives of their constituents, who are also all morons who caused this lol

Yeah...but these motherfuckers are the finance committee LMAO.

Maybe some are more knowledgeable than they're showing and are just more interested in grandstanding, IDK...

 

[brackis1]

welp GSAH donkey show

 

[rob mafia]

i really dropped the ball today.

i'm sure it's DFV's fault somehow.

 

[mkess101]

I missed who that last congresswoman was that came at Vlad like a rabid wolverine but I think she got to the heart of the issue:

Are most Americans idiots that should probably just invest in index funds and passive stuff? Yep. But should our lawmakers step in and force that? Should Americans have the freedom to make some stupid choices with their $, take risks, etc? Or should they just babysit us all and protect us from big bad Vlad and his slot machine looking stock app?

A "level playing field" sounds great but that's not gonna be the case in the markets any more than it is in other parts of life. I can't call a super popular restaurant in NYC and get a table the same night. Bradley Cooper can. Guess I should sue them for lack of a level playing field...

 

[BIKES!]

Let me tell you about my stonk ability

Spoiler

 

[brackis1]

wow dogshit ibank that I held for absolutely nothing thru 2018-2019 JMP just gained 90% after hrs rofl.

 

[kahiljabroni]

I bought gme at like 12 and sold at 15 or some shit so I don't have a dog in the fight. Imo its total horseshit what RH did and if they had no choice then thats just as bad imo. To tell people they can only sell is a terrible precedent. Those that wanted to play the pump or squeeze and bought in late got hosed. Maybe they wanted to ride it for 20%. Maybe they had a short term plan and then suddenly buying is halted.

Pump and dumps, squeezes, whatever you want to call them are risky but we all do them everyday. Some win and some lose but you shouldn't have to factor in brokerage manipulation to the equation

 

[kahiljabroni]

Let me tell you about my stonk ability

Spoiler

I got crushed today as well...im numb to it

 

[brackis1]

I wish I had shorted everything in this thread I yelled at people for buying or holding lol.

 

[rob mafia]

Pump and dumps, squeezes, whatever you want to call them are risky but we all do them everyday

umm... wat?

i don't.

also, pump & dumps and squeezes are 2 different things. in gme's case, it was both.

 

[brackis1]

Any suggestions on how I can get the lowest margin/cost of ownership on a huge hedge position across any broker/position? It's getting to the point where I need to be thinking about these things in more mathematical detail as the sums rise, especially when I shouldn't be taking gains on my longterm index funds.

 

[rob mafia]

Any suggestions on how I can get the lowest margin/cost of ownership on a huge hedge position across any broker/position? It's getting to the point where I need to be thinking about these things in more mathematical detail as the sums rise, especially when I shouldn't be taking gains on my longterm index funds.

short of calling the broker and getting individualized treatment, beats me. i end up moving funds from one account to another to consolidate when needed (obviously moot if you actually have long-term). ibkr brags about having the lowest margin/etc, but then you have to deal with using ibkr.

speaking of calling brokers, lolz @ webull even having a phone number. they make robinhood's customer service look like a damn concierge. i can't believe i spent all this time/energy on a stupid $6k test.


aside from the obvious and using options to hedge with, that is.

 

[Gas121]

I might jump back in on some tomorrow. I originally bought it in the 14's and sold off at $25.

There are still very few stocks I like in the market at current levels. Also check SFT (hardly any downside from here). Solid stock long term IMO. Looking to up my position under $10.

I do like PLTR, but maybe around 22-23.50

 

[Gas121]

Anyone holding NIO here? So many articles are starting to shit all over the stock and are suddenly turning bearish lol..

I would be selling IMO. Looks like it will continue to get butchered from here. Its had a great run though. Looks like money will pour into Lucid which is bad news for NIO/Tesla..

 

[kahiljabroni]

umm... wat?

i don't.

also, pump & dumps and squeezes are 2 different things. in gme's case, it was both.

You might be the one guy here that doesn't.

I understand the distinction...maybe I was unclear but I was listing the risky behaviors we partake in. Not everyone....but most in this thread....millions on wsb...and many millions more that have entered the market in the last year. My point is we don't need intervention by government or brokerages

 

[JudoThrowFiasco]

was wondering where all the cdn mineral and element mining money went today....

hello score media.

 

[Bathwater]

PLTR recovering nicely after hours.

 

[brackis1]

PLTR recovering nicely after hours.

It's a Cathie Wood related fad pump cause she published buying a lot more today in the after hrs. Fairly predictable; I thought there was one more lockup day.

What a silly cult bitch that woman is. Worshipped by every hopefilled retard male between 18-40 who invests in fad stonks