Stock Market/Investing

[WestCoastBearsFan]

wallstreetbets has been shut down on reddit and discord
edit: i guess reddit set it to “private”

 

[Ares]

WallStreetBets people should embrace the French Revolution comparison and start saying "Let them eat bread."

 

[JimAKABlkhwks918]

 

[Chief Walking Stick]

https://twitter.com/i/web/status/1354609515564560392

 

[Ares]

View attachment 10042

I hope the Reddit folks keep it up.... these fucking hypocrites need to be exposed.

They are revealing more and more they only want the peasants allowed in the market so long as the wealth/class structure remains well cemented in place.

Free Market is free until society starts fucking Wall Street with the same mechanisms it has been using to **** society via destabilizing the general economy in the interest of short-term profits for a very small number of people.

 

[JimAKABlkhwks918]

I hope the Reddit folks keep it up.... these fucking hypocrites need to be exposed.

They are revealing more and more they only want the peasants allowed in the market so long as the wealth/class structure remains well cemented in place.

Free Market is free until society starts fucking Wall Street with the same mechanisms it has been using to **** society via destabilizing the general economy in the interest of short-term profits for a very small number of people.

I've worked in data centers for major financial firms who replace computers quarterly to slightly faster versions all to execute split second trades of thousands of shares of different stocks after fractional cent price increases to siphon value out of the financial system that no individual investor could ever compete in, and I'm supposed feel sorry for them today? LOL.

 

[ijustposthere]

I hope the Reddit folks keep it up.... these fucking hypocrites need to be exposed.

They are revealing more and more they only want the peasants allowed in the market so long as the wealth/class structure remains well cemented in place.

Free Market is free until society starts fucking Wall Street with the same mechanisms it has been using to **** society via destabilizing the general economy in the interest of short-term profits for a very small number of people.

 

[Broc]

? Silly boomers. They don't realize the autism they are up against. In already and buying more tomorrow. Thanks for the discount! ???????

 

[Ares]

I've worked in data centers for major financial firms who replace computers quarterly to slightly faster versions all to execute split second trades of thousands of shares of different stocks after fractional cent price increases to siphon value out of the financial system that no individual investor could ever compete in, and I'm supposed feel sorry for them today? LOL.

Yeah they do the same kind of lightning trading with currency as well, squeezing profits out of differences in exchange rates in the miliseconds.

Derivatives bullshit that created the Great Recession.

They don't even argue very hard for the value of this kind of bullshit betting in the derivatives market.

No one stops them from turning the market into purely a casino.

And if you try to regulate it at all, they say derivatives create liquidity.

That's all you hear when there is a question about the value of one of their bullshit profit-sucking schemes.... they all "create liquidity".

Oh you mean it leaves them more free capital? Yes

And what do they do with that extra capital? Oh they dump it into more Vampiric Capitalism.

Like you said.... and they want me to feel bad for them.

 

[Scoot26]

View attachment 10042

There's a lot of disconnect from reality going around this country these days.

 

[ijustposthere]

https://twitter.com/i/web/status/1354474147016024069

 

[ijustposthere]

LMAO

https://twitter.com/i/web/status/1354452317257560067

 

[Montucky]

Idk, maybe people realize the market is overvalued? Just wondering if this would somehow lead to a correction. It seems to be pretty big news lol

If 2008 didn't teach people that its one giant casino then nothing ever will. Besides, the currency is on an inevitable path to debasement because our republic finally hit rock-bottom. Once politicians start passing laws that just print people checks because its popular the writing is kinda on the wall.

Why is ammo all dried up? Why are Pokemon cards suddenly worth tens of thousands of dollars? Everyone is getting their money out of the dollar and into anything they can find.

If you are in a hypothetical where you have $100,000 dollars saved and you can either a) throw it all on black in the Wall St. casino or B) Watch it go Zimbabwe-mode, then the sensible decision is to "invest" it in the stock market. This pump wont end until everyone is cash poor down to the studs, because nobody with the good sense to save money is dumb enough to leave their wealth tied up in United States dollars.

Can't even begin to predict what happens next but I do think it won't be good.

 

[Burque]

The turkey ranch and swiss from Quiznos was the tits when i was 17.

Yes, and I am sure that it was 17$ when you were 17 as well...

 

[ytsejam]

I'm investing in lottery tix!
Not hitting it big yet but I'm due any day now.
Rawr!

 

[Chief Walking Stick]

If 2008 didn't teach people that its one giant casino then nothing ever will. Besides, the currency is on an inevitable path to debasement because our republic finally hit rock-bottom. Once politicians start passing laws that just print people checks because its popular the writing is kinda on the wall.

Why is ammo all dried up? Why are Pokemon cards suddenly worth tens of thousands of dollars? Everyone is getting their money out of the dollar and into anything they can find.

If you are in a hypothetical where you have $100,000 dollars saved and you can either a) throw it all on black in the Wall St. casino or B) Watch it go Zimbabwe-mode, then the sensible decision is to "invest" it in the stock market. This pump wont end until everyone is cash poor down to the studs, because nobody with the good sense to save money is dumb enough to leave their wealth tied up in United States dollars.

Can't even begin to predict what happens next but I do think it won't be good.

Special person take.

 

[MDB111™]

I wish someone would have told me yesterday before i sold most of my AMC that these fools were going to start pumping the shit out of it.

If yo

I hope the Reddit folks keep it up.... these fucking hypocrites need to be exposed.

They are revealing more and more they only want the peasants allowed in the market so long as the wealth/class structure remains well cemented in place.

Free Market is free until society starts fucking Wall Street with the same mechanisms it has been using to **** society via destabilizing the general economy in the interest of short-term profits for a very small number of people.

It's close to free money in GME.
121% of shares are nkw shorted. By tomorrow, many of the evil hedgefunds will get called and have to purchase, driving GME through the roof, into the heavens and past planet Melmac(Alf reference)
I sat on the toilet just now and made a G off of 4 shares! The word is hold until tomorrow,but some say hold longer.
It's funny as hell.

 

[Anytime23]

Yes, and I am sure that it was 17$ when you were 17 as well...

Either im stupid tired or just stupid. Idk what you're trying to say here.

If yo

??

 

[knoxville7]

Looking like GME will die soon...robinhood is no longer offering it as an option to buy/sell. The Wall Street bettors will have to move on now lol

 

[Raskolnikov]

We oscillated between Family Home Video or Blockbuster.

I don't really recall when or why my parents picked one over the other, but I don't think the Family Home Video place closed before we moved away.

Blockbuster probably did what corporate always does.... drive down prices and offer the consumer more for less.... loyalty program stuff.... until the local spot was run out of business.

Remember when you'd go in to a Blockbuster and if you went looking for something new, video game or movie.... it was like a 10% chance there would be a copy available lol and if you were a kid looking to rent a new game.... and there was that 1 copy remaining on the shelf.... you felt like you won the fucking lottery lol.

Random reward persists the longest. Thats like pulling slots right there.

We had one of the longest standing blockbusters. Mountain life means people drove for 35 miles to that one blockbuster, sustaining it long after the norm. Also, that peoples cabins were in the past with dvd, and no satellite or cable or internet in some cases, a good movie might be all you have for the weekend.