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re: So I bought some Gamestop(GME)
Posted on 1/25/21 at 5:06 pm to JohnnyKilroy
Posted on 1/25/21 at 5:06 pm to JohnnyKilroy
quote:
It’s real lol
I especially like their appeal to the family.
Oh yeah, a bunch of wall street schmucks who buy massive Miami mansions for $44 million are big on family life.
"Family first. "
Posted on 1/25/21 at 5:09 pm to PillPusher
quote:
These guys are nuts. Or they already have multi millions and this is only a slight percentage of their portfolio.
I think it’s the opposite. They see it as risking it all to make something and if they lose they are okay with it. Nobody is risking retirement money. Some people like me following the pack just to be in on the hysteria and have fun with it, but there are a lot of David v. Goliaths risking significant portions of their portfolio for the chance to make out like bandits.
I have never seen so many CNBC analysts shaken over this. It’s really bothering them. They are actually calling names like YOLO market manipulators. Crazy.
Posted on 1/25/21 at 5:12 pm to go ta hell ole miss
You know we’re winning when the dudes making 10s of millions per year are whining about how the SEC needs to step in and save them.
Posted on 1/25/21 at 5:15 pm to JohnnyKilroy
no one wants to talk about the 5 point drop in SPY in 5 minutes around 11am today...with no news.
that's institutional manipulation, frick them
that's institutional manipulation, frick them
Posted on 1/25/21 at 5:21 pm to rocket31
Yep. Very sus.
That’s what I don’t think cnbc et al are getting. Wsb isn’t your average retail trader. Most of them will diamond hand this not only for money, but also to stick it to the big boys.
While the crying for SEC intervention might scare away mainstream retail, this will only incite the autists. They love to see it and they want to see more of it.
That’s what I don’t think cnbc et al are getting. Wsb isn’t your average retail trader. Most of them will diamond hand this not only for money, but also to stick it to the big boys.
While the crying for SEC intervention might scare away mainstream retail, this will only incite the autists. They love to see it and they want to see more of it.
Posted on 1/25/21 at 5:24 pm to go ta hell ole miss
quote:
Nobody is risking retirement money.
Ha, not sure about this when reading WSB.
Posted on 1/25/21 at 5:34 pm to Dawgfanman
quote:
CNBC in full on cry mode over all this, want the SEC to step in and say people can’t post stock tickers and rocket ?? ships
This is hilarious and WSB will eat it up. It's the equivalent of the schoolyard bully getting popped in the nose and having his mom come to class to lecture everyone about picking on her baby.
WSB autists were all the kids that bully previously dirtstomped and they just found a way to band together. They're not giving it up.
Posted on 1/25/21 at 5:54 pm to Lightning
Cramer seems to be on the WSB side and has been all day.
Posted on 1/25/21 at 6:07 pm to go ta hell ole miss
quote:
Nobody is risking retirement money.
Pretty sure some of them are. Saw one post from a guy who was claiming to have cashed in his entire 401K and taken a 10K loan from his parents to go all in on GME calls.
Posted on 1/25/21 at 6:09 pm to MusclesofBrussels
People are risking retirement money for sure. I’m not saying people on WSB aren’t blatantly risking it all
Posted on 1/25/21 at 6:12 pm to Upperdecker
I find this fascinating. The big boys are going to lose their shite over this.
Posted on 1/25/21 at 6:12 pm to Upperdecker
Posted on 1/25/21 at 6:14 pm to tiggerthetooth
Im in at 14, 22, 35, 66, and 95.
See yall at the top
See yall at the top
Posted on 1/25/21 at 6:31 pm to JohnnyKilroy
quote:
That’s what I don’t think cnbc et al are getting. Wsb isn’t your average retail trader. Most of them will diamond hand this not only for money, but also to stick it to the big boys.
Yes, but ultimately this is a game of musical chairs. Eventually, the shorts will cover, GME will return to earth, and some poor saps on WSB are going to go broke searching for glory. There are some on there that think this thing is going toward $1,000.
Posted on 1/25/21 at 6:32 pm to tiggerthetooth
Melvin Capital Management actually had to be bailed out by Citadel LLC and Point72 Asset Management today. There is some significant money being made and lost with this.
They gave Melvin $2.75 billion. Melvin has averaged 30% returns per year since 2014. These are some big players.
They gave Melvin $2.75 billion. Melvin has averaged 30% returns per year since 2014. These are some big players.
This post was edited on 1/25/21 at 6:35 pm
Posted on 1/25/21 at 6:45 pm to go ta hell ole miss
Heard Melvin is down 30% already this year and obviously bleeding. Also where there CEO/COO were calling all of their investors and trying to smooth it over. Now they have to explain being bailed out. Don’t feel sorry for them at all, but this is the ultimate kick in the dick.
Posted on 1/25/21 at 6:46 pm to TigeRoots
quote:
What if Cramer is DFV?
That’s a Nolan-level twist for the eventual movie.
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