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re: So I bought some Gamestop(GME)

Posted on 1/28/21 at 3:18 pm to
Posted by Lou Pai
Member since Dec 2014
29473 posts
Posted on 1/28/21 at 3:18 pm to
Lol that second tweet is dead wrong. Of course can sell cars and houses you don't own.

ETA: digging into semantics I guess, but it's a terrible analogy
This post was edited on 1/28/21 at 3:23 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/28/21 at 3:20 pm to
I legit lol'd
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466263 posts
Posted on 1/28/21 at 3:21 pm to
this reminds me of during the 2009 crash when countries tried to make short selling illegal

and yes, you can "short" any fungible good. Elon is E-wrong
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466263 posts
Posted on 1/28/21 at 3:22 pm to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40291 posts
Posted on 1/28/21 at 3:23 pm to
Boys I really don’t know where we go from here. Never scared but I legitimately do not know.
Posted by SCUBAislander
Member since Feb 2007
2846 posts
Posted on 1/28/21 at 3:24 pm to
Agreed. Im confused on what to expect in the next 24 hours
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4478 posts
Posted on 1/28/21 at 3:24 pm to
quote:

Bought 20 more... We riding


I’m gonna live vicariously through this crazy bastard this weekend. Keep us posted madman!
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11344 posts
Posted on 1/28/21 at 3:26 pm to
quote:

Boys I really don’t know where we go from here. Never scared but I legitimately do not know.



i know where to go, up. in for 5k more
This post was edited on 1/28/21 at 3:27 pm
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466263 posts
Posted on 1/28/21 at 3:27 pm to
there is a possibility that if these firms took on some sort of debt to re-establish their positions because they knew the fix was in today...that if these bullets aren't big enough....that our entire system could collapse
Posted by When in Rome
Telegraph Road
Member since Jan 2011
36163 posts
Posted on 1/28/21 at 3:28 pm to
quote:

Lol that second tweet is dead wrong. Of course can sell cars and houses you don't own.
Reminds me of the story behind the phrase “If you believe that, I’ve got a bridge in Brooklyn to sell you”.
quote:

George C. Parker (March 16, 1860[1] – 1936) was an American con man and prophet best known for his surprisingly successful attempts to "sell" the Brooklyn Bridge. He made his living conducting illegal sales of property he did not own, often New York's public landmarks, to unwary immigrants. The Brooklyn Bridge was the subject of several of his transactions, predicated on the notion of the buyer controlling access to the bridge. Police removed several of his victims from the bridge as they tried to erect toll booths.
quote:

In addition to his Brooklyn Bridge scam, other public landmarks he incorporated into his scams included the original Madison Square Garden, the Metropolitan Museum of Art, Grant's Tomb and the Statue of Liberty.[5] Parker had multiple methods for making his sales. When he sold Grant's Tomb, he would often pose as the general's grandson, and he set up a fake office to handle his real estate swindles. He produced convincing forged documents as evidence to suggest that he was the legal owner of whatever property he was selling. He also sold several successful shows and plays, of which he had no legal ownership.

Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/28/21 at 3:28 pm to
we woke up today with what we felt was a solid game plan which needed to be tossed out the window by 730 am because apparently me and my friends are only allowed to invest into stocks that are doing well



Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 1/28/21 at 3:29 pm to

RH will allow limited buys starting tomorrow. CNBC.

Hope they crash and burn. No one should have an account w that outfit
Posted by AUCE05
Member since Dec 2009
44927 posts
Posted on 1/28/21 at 3:29 pm to
I just bought a few more on TD
Posted by Lou Pai
Member since Dec 2014
29473 posts
Posted on 1/28/21 at 3:30 pm to
Have they given any more public rationale to halting the buys outside of the vague release from earlier?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/28/21 at 3:31 pm to
oh boy even you normies are here waking up the realities of the world
Posted by STLhog
Dallas, TX
Member since Jan 2015
18838 posts
Posted on 1/28/21 at 3:31 pm to
Back up to 260. I held on because of you guys.

Lord I have no idea what's going to happen at open tomorrow. Blood bath or fireworks, no in between it seems.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 1/28/21 at 3:31 pm to

Keep claiming it was a protection measure for their clients. Total bullshite word salad.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40291 posts
Posted on 1/28/21 at 3:32 pm to
quote:

RH will allow limited buys starting tomorrow.


What on earth does that mean lmao
Posted by nopants
Luling, La
Member since Aug 2006
893 posts
Posted on 1/28/21 at 3:32 pm to
quote:

Boys I really don’t know where we go from here. Never scared but I legitimately do not know.



I've gotten more entertainment in the past week or two than from almost all of 2020 with these shenanigans, I'm either riding the rocket with my measly 4 shares or drinking and watching the pitchfork mobs rise against the hedge funds - either way is a win

Also, that old Pferrty fricker bragging about fricking the reddit mob is grossly underestimating the power of autistic hate / spite
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 1/28/21 at 3:33 pm to
quote:

What on earth does that mean lmao


Lifting the restrictions on buy orders but I'm not sure what "limit" meant. Guess it will come out shortly in link form.
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