GameStop short sell explained
Scape @ Thu Jan 28, 2021 6:31 pm
xerxes @ Thu Jan 28, 2021 7:11 pm
Interesting interview. I hope someone interviews the guy Christian Bale played in The Big Short.
Scape @ Thu Jan 28, 2021 8:20 pm
Thanos @ Thu Jan 28, 2021 9:01 pm
Scape Scape:
This is hilarious.
Truer words have never been spoken.
I hope this crashes the entire fuckin' market, teach the scum a lesson about the lack of wisdom involved in having the exchange falsely inflate to over 30000 points during a crisis like COVID. Wall Street is NOT Main Street. Next to a derby featuring a hundred thousand suit-and-ties walking up the steps to guillotine, watching all the fuckers drop dead from heart attacks over something stupid Reddit and a renegade app both did would be incredibly satisfying. Die! Die! Die, pigs, die!
PS: wOOt!
CDN_PATRIOT @ Thu Jan 28, 2021 9:12 pm
Thanos Thanos:
I hope this crashes the entire fuckin' market!
No. Some of us have small portfolios we are trying to grow and turn into a viable source of income for the future. I'm all for the fat cats and billionaires to lose it all, but not us small guys just trying to make a buck down the road.
-J.
Scape @ Thu Jan 28, 2021 9:27 pm
Thanos @ Thu Jan 28, 2021 9:33 pm
CDN_PATRIOT CDN_PATRIOT:
Thanos Thanos:
I hope this crashes the entire fuckin' market!
No. Some of us have small portfolios we are trying to grow and turn into a viable source of income for the future. I'm all for the fat cats and billionaires to lose it all, but not us small guys just trying to make a buck down the road.
-J.
I still think that buying lottery tickets or investing everything with some real-life Tony Soprano is safer and more likely to generate some profit for the small people. The markets are gamed in their entirety towards rewarding the thieving filth, just to make sure the already-safest, most-powerful, and greediest bastards on this planet get a new wad of cash at the end of each and every day to toss on their already-Himalaya-high piles of money. At this stage I'm surprised the NYSE hasn't hired Martin Shkreli to serve as the main assistant and advisor to Kelly Loefler's husband. That entire demographic is at least a hundred years overdue for a Robespierre to tear through their ranks with a stack of "you have been found guilty and the sentence is death, no appeals will be heard" notices. I hate them, I seriously fucking hate all of them.
DrCaleb @ Fri Jan 29, 2021 7:20 am
Thanos Thanos:
I hope this crashes the entire fuckin' market, teach the scum a lesson about the lack of wisdom involved in having the exchange falsely inflate to over 30000 points during a crisis like COVID. Wall Street is NOT Main Street. Next to a derby featuring a hundred thousand suit-and-ties walking up the steps to guillotine, watching all the fuckers drop dead from heart attacks over something stupid Reddit and a renegade app both did would be incredibly satisfying. Die! Die! Die, pigs, die!
PS: wOOt!
DrCaleb @ Fri Jan 29, 2021 7:24 am
Thanos Thanos:
CDN_PATRIOT CDN_PATRIOT:
Thanos Thanos:
I hope this crashes the entire fuckin' market!
No. Some of us have small portfolios we are trying to grow and turn into a viable source of income for the future. I'm all for the fat cats and billionaires to lose it all, but not us small guys just trying to make a buck down the road.
-J.
I still think that buying lottery tickets or investing everything with some real-life Tony Soprano is safer and more likely to generate some profit for the small people. The markets are gamed in their entirety towards rewarding the thieving filth, just to make sure the already-safest, most-powerful, and greediest bastards on this planet get a new wad of cash at the end of each and every day to toss on their already-Himalaya-high piles of money. At this stage I'm surprised the NYSE hasn't hired Martin Shkreli to serve as the main assistant and advisor to Kelly Loefler's husband. That entire demographic is at least a hundred years overdue for a Robespierre to tear through their ranks with a stack of "you have been found guilty and the sentence is death, no appeals will be heard" notices. I hate them, I seriously fucking hate all of them.
I used to think the same way as Patriot. Then the company managing my RRSP found that making risky trades with the stock backing that RRSP gave them more income than the benefit to the funds. So they did this for about a year, fattening their pockets and wiping out mine. The SEC fined them a small token of what they made off those trades, and I got sweet fuck all.
Now I make my own trading decisions, and they are based on long term goals.
Let the short sellers burn.
DrCaleb @ Fri Jan 29, 2021 8:55 am
CDN_PATRIOT @ Fri Jan 29, 2021 9:12 am
DrCaleb DrCaleb:
Now I make my own trading decisions, and they are based on long term goals.
That is exactly what I do. No middle person. Just my own Investor's Edge account with CIBC, and a long-term strategy occasionally buying and selling lower stocks. I've already made a few bucks and reinvested. I don't care if it takes months or even years. I'm having fun, and doing it all on my own.
DrCaleb DrCaleb:
Let the short sellers burn.
YESSSSSSSSSSSSS
-J.
DrCaleb @ Fri Jan 29, 2021 12:42 pm
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DrCaleb @ Fri Jan 29, 2021 12:46 pm
bootlegga @ Fri Jan 29, 2021 1:11 pm
DrCaleb DrCaleb:
I love when the little guy does this
![[wedgie]](./images/smilies/wedgie.gif "Wedgie")
to the rich!
bootlegga @ Fri Jan 29, 2021 1:18 pm
xerxes xerxes:
Interesting interview. I hope someone interviews the guy Christian Bale played in The Big Short.
$1:
"This is unnatural, insane and dangerous," Michael Burry, a prominent GameStop investor and one of the subjects of the book and movie The Big Short, wrote in a now-deleted tweet. His roughly $17 million investment in the company has ballooned to $250 million as of Tuesday, Markets Insider reported.
https://www.cnet.com/news/amc-gamestop- ... ain-wreck/