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re: The irony of meme investors making the elite wealthier is comical

Posted on 8/19/22 at 2:51 pm to
Posted by Lightning
Texas
Member since May 2014
3118 posts
Posted on 8/19/22 at 2:51 pm to
Retail got worked on this one.

Freeman and Cohen both sold their entire holdings on the same day, and the CFO just happened to sell 50,000 shares that day as well. They all sold for more than double what the shares are worth today.
Posted by Buck_Rogers
Member since Jul 2013
2070 posts
Posted on 8/19/22 at 2:55 pm to
Well if all of them listened to you, they wouldn't make a dime on it. Weird how you start a thread on "meme stocks" that made some people a good chunk of change. Sorry again you keep missing out.

quote:

Maybe get out on a trade before earnings that afternoon?


You weren't too quick to respond to this terrible advice during AMC's last earnings report, so you just ignore that thread and start a new one?

ETA: BBBY wouldn't have squeezed without the meme stock investors. Cohen was nothing more than a meme stock investor too. The stock squeezed, like it was expected to; unlike what you thought would happen. The smarter ones made money on the squeeze. You didn't. Where does that put you?
This post was edited on 8/19/22 at 3:15 pm
Posted by JKLazurus
Member since Jun 2016
261 posts
Posted on 8/19/22 at 3:29 pm to
quote:

Cohen was nothing more than a meme stock investor too.


This idea can’t be ignored. Meme stocks are viewed as the day traders’ proletariat. But, these stocks aren’t moving because of retail traders’ utopian visions of teamwork. They’re moving because of the small sub groups within that crowd with the ability to get some college buddies to group fund $25mil to toss at the meme stock dujour.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 8/19/22 at 6:20 pm to
quote:

Buck_Rogers


Bag holder. Sorry bro.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 8/19/22 at 6:28 pm to
quote:

The stock squeezed, like it was expected to; unlike what you thought would happen.


No it didn’t.

Y’all need to stop confusing a shite ton of volume from retail as a short squeeze. You can forget the diamond hands meme when 5x the float is trading on a single day.
Posted by Buck_Rogers
Member since Jul 2013
2070 posts
Posted on 8/19/22 at 8:45 pm to
Way to be in denial. It squeezed. You missed out. End of discussion.

quote:

Bag holder. Sorry bro.


I've never owned any shares of BBBY. I have made quite a bit of money off AMC and ZOM. Two stocks that you have no skin in either, yet are obsessed with protecting other people from for some odd reason.

ETA:
quote:

Y’all need to stop confusing a shite ton of volume from retail as a short squeeze. 



If BBBY didn't squeeze and it's just retail buying in the hype (like you say) and caused a 500% spike, then that is one hell of a force for you to be knocking down. No matter how you look at it, your jealousy of those with balls shows.
This post was edited on 8/19/22 at 9:33 pm
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