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3 years ago @Edit 3 years ago
[gamestop] so, fun fact: I actually bought into the GME stock last Friday. Only $25. By Wednesday I hit $100 and sold. Then, lo and behold, on Thursday, the whole thing got shut down, no one could buy more shares, and the stock tanked by like 30%. Honesty I’m pretty pleased w how it turned out for me!
latest #63
kinda wish I’d gone for broke and invested a lot more and still sold on Weds, but frankly I’m just happy I made anything, and realized when I needed to tap out.
Reddit is fucking wild rn, GME is all anyone is talking about. I’ve seen people on r/wallstreetbets showing accounts like $10M in the fucking hole and they’re all still screaming HOLD THE LINE!!! it’s insane. these people are going to ruin their lives
on the other hand, I can only zealously support eating the fucking rich with as much fire as I can muster
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Incredible that when hedge funds do SHIT EXACTLY LIKE THIS it’s business as usual, but when the poors play the same game they’re fanatic sociopaths or trolls and this can’t be tolerated we have to stop this at all costs noooo they can’t do that to us it’s so ethically wrong they’re doing this horrible thing oh noooo!
fuck them. I hope all these hedge fund assholes keep on losing billions and billions of dollars.
I do truly think the WSB people are in for a world of hurt and it won’t turn out as they hope, and in that sense this whole thing was a HORRIBLE idea. But at the same time, they have a very real and legitimate point that when the public does these things it’s seen as criminal and shut down with prejudice, but when it’s the rich it’s just business as usual
fucked up man, these fat cats have it coming
eat
the
rich
Necromantic
3 years ago
EAT THE RICH
Necromantic
3 years ago
I'm in for a few bucks on AMC. and have a single share of gamestonk. just holding that line lol
yes exactly
I didnt/don’t mind taking part of this as long as it’s wisely and safely
let me know how it goes for you... seems like the whole internet is trying to hold the line
I was just like nah see ya I didn’t want to risk it, laughs, even with just $25 on the line
Imagine if it had gone to -$100 instead of positive? no thanks. I’m sure I could have made a lot more money if I’d just invested sooner, and put a huge chunk of change in there temporarily, like even something wild like $1000 and then sell it two days later
But I’d rather entertain what ifs than run a risk as serious as that in the first place
Necromantic
3 years ago
I will.
Necromantic
3 years ago
My intention is to cut and run if AMC breaks 25 bucks
I use an investment app (have for years, it’s my only savings whatsoever) and I DO have money in an ETF (a bundle of stocks) that includes GameStop, and thats doing very well. GME only constitutes 6% of the ETF, so the value of the whole package is going up, but it GME tanks I won’t be hurt
I figured that was the safest way to do it
Necromantic
3 years ago
I invested 12.50.
Intercession: where is it rn? AMC
Necromantic
3 years ago
13.80-ish
I approve of us being responsible investors
Necromantic
3 years ago
GME I bought at 90 bucks, and it's at 300+ so
yeah I did my $25 investment seriously because $100 was my goal
Once I hit it I was out
Necromantic
3 years ago
I plan to drop GME if it hits 500
Necromantic
3 years ago
But the 90 bucks was birthday money and fuck it, I'll help kill a hedge fund.
smart. Like I said, I wish I’d just invested more to start. I’d have sold it at the same time, but I could have turned $250 into $1000, presumably. ah well
HAHA
Necromantic
3 years ago
Millennials kill a hedge fun a day till we get UBI
yeah right? That’s definitely my favorite kart
*part
making the rich panic.
LMFAO say it louder for the people in the back
Necromantic
3 years ago
I’ve seen jokes that the poors wrote themselves their own stimulus check 🤷‍♀️ hahaha
Did you hear about the whole robinhood controversy?
Necromantic
3 years ago
I did
Necromantic
3 years ago
I had a RH account till yesterday.
Necromantic
3 years ago
I use Public now.
Oh wow you had RH? Did you like it up until all this nonsense? And how is Public?
I use Stash and have for years now.
Kᴀʏʟᴀ
3 years ago
man, like ... the robinhood stuff is unfortunate, but their whole business model is selling the info that The Poors (TM) generate by using the app to rich people and hedge funds so .... I am unshocked that this is what is happening now LOL
crepusculae: yeeeep, that’s exactly what I’ve been hearing about RH for the past 24 hours or so. People are incensed. I’m glad it’s not the investment app I use... at least to me Stash has been pretty good about how they have handled it. A third party shut down their ability to buy GME, and they’ve been putting educational stuff out about what’s going on
RH is a huge mess ... I agree, knowing what I know now I’m not surprised people got burned
and you know, as much as hedge funds and the rich are eating shit right now, losing billions of dollars is just a blip to them. a blink. it’ll slide right off them in a few weeks and then they’ll just end up even richer than before. it sucks knowing that.
Kᴀʏʟᴀ
3 years ago
yeah, the hedge funds that got knocked out are small, tbh. one billion dollars is jack shit to a lot of hedge funds
It’s nice to stick it to the man even a little bit, but it won’t last and WSB won’t truly damage them... all that’ll happen is much stricter regulations for the poors, making it even HARDER to invest. cant have the poors stealing OUR method of stealing their money
Kᴀʏʟᴀ
3 years ago
one billion dollars is like $20 in their world LOL
I know right? It’s so insane and upsetting
Kᴀʏʟᴀ
3 years ago
yeah ... it's one of those things where i agree more restrictions should be in place, but at the end of the day we all know who's going to get to exploit it anyway
I heard about one losing 5 billion... which will be nbd to them. One big one I’m pretty sure I read was $70B but I’d have to look that up to be sure
yep. restrictions for thee but not for me, etc. They’ll pretend it’s to protect the whole market, but these rich fuckers will conduct business EXACTLY the fucking same with no changes whatsoever bc rules and laws literally do not apply to the rich
the only people who will be restricted are regular folks, they are the only ones who will suffer
I really liked AOCs tweets about it tbh
https://images.plurk.com/6KlDSKB63HxMazHRg8Os2t.png I love her tbh
“Anyways, tax the rich” fucking slays me
ᴀʀɪ.
3 years ago
i love aoc. she's a good bean
Necromantic
3 years ago
sorry was afk
Necromantic
3 years ago
Public is fine!
Necromantic
3 years ago
and it was fine up till this nonsense
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