#WallStreetBets

Discussion in 'The Mainboard' started by Tobias, Jan 26, 2021.

  1. Gallant Knight

    Donor
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    Should be less expensive tomorrow assuming it opens over $200

    I may buy some $75 puts expiring Friday
     
  2. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    They bought all the shares of GameStop that the hedge fund(s) was trying to sell cheap. And now are driving up the price for them to buy them back and sending them into bankruptcy*

    *I think
     
  3. Monte Alban

    Monte Alban Well-Known Member
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    They were the ones that caused the price to rise to $900+. And because they knew you tried to scalp them, they kept raising the price knowing you'll have to buy one when the person you pre-sold it to will come for it on a certain date.
     
  4. ohhaithur

    ohhaithur e-Batman
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    in this case they would be the ones who found out that people were selling PS5s without having them so they went out and bought them all so the eBay sellers would have to crawl back to them
     
  5. Guns

    Guns horse paste aficionado
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    devine did you watch the video?
     
    devine likes this.
  6. devine

    devine hi, i am user devine
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    That’s crazy
     
  7. Eric The Viking

    Eric The Viking Nitro, the All Knowing
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    Meaning that they are going to pump the value of it up? I’m not interested in playing the short game until I fully understand it, but I’m good with jumping on some likely pump and dumps.
     
    BlazingRebel and DoubleDutchBus like this.
  8. wes tegg

    wes tegg I'm a Guy's guy, guys.
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    This is entertaining and all, but you’re crazy if you don’t think that it’s going going to result in some serious regulation on retail investing. The game is rigged so the billionaires win in the end.
     
  9. Monte Alban

    Monte Alban Well-Known Member
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    Excited to see what laws get passed over this because the big guy got fucked for once.
     
  10. BellottiBold

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    kinghill and timo like this.
  11. Monte Alban

    Monte Alban Well-Known Member
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    Its not all pump and dump over there. Or it wasn't before this. Often times someone would post a DD like they would in any regular investing subreddit or forum post. The WSB thing was to YOLO the shit out of it instead of just making prudent investments. Like moving all their funds from one thing to the next chasing more organic gains. Now though, well, 600k new people have joined in under a week so who the fuck knows anymore.
     
    visa, Duck70 and Eric The Viking like this.
  12. Duck70

    Duck70 Let's just do it and be legends, man
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    Oregon Ducks

    Honestly, its fun as shit to buy meme stocks and watch them grow like crazy day after day.

    TSLA, $NIO, BB (Blackberry), PLUG have done more for my lame ass portfolio than the old school blue chips ever have.
     
  13. kinghill

    kinghill Cool American Flavour
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    I'm in a longterm monogamy commitment with S&P500 / index funds but this is very entertaining to follow.
     
  14. Duck70

    Duck70 Let's just do it and be legends, man
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    Oregon Ducks

    I mean, you can't talk about r/wallstreetbets without the memes

     
  15. SD_Irish

    SD_Irish El Mas Chingon
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    This whole situation has been interesting to watch play out. What's scary is someone is going to be left holding the bag - beyond those already burned - and when that happens, not everyone is going to have a fellow friendly hedge fund pal there to bail them out.
     
  16. Duck70

    Duck70 Let's just do it and be legends, man
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    Oregon Ducks

  17. Duck70

    Duck70 Let's just do it and be legends, man
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    Oregon Ducks

  18. Duck70

    Duck70 Let's just do it and be legends, man
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    Oregon Ducks

    Ok I'll stop now
     
  19. CTownND

    CTownND Well-Known Member
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    I'm just laughing thinking that there's probably some Sr. Analyst sitting in his Manhattan apartment right now whose dad was an MD at Goldman Sachs, who went to an elite prep school in CT, who graduated from Wharton after their dad wrote a mid-six figure check to get him in, who worked for a chill IBD group at Goldman their dad got him into, who thought he was going to make millions shorting stocks after leaving Goldman for Melvin Capital at the end of the year, who is going to be out of a job in a couple weeks because Reddit toppled his $20 bn fund in a week and this is the first thing to ever go wrong in his life.
     
  20. ashy larry

    ashy larry from ashy to classy
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    don’t stop almost there
     
  21. Fuck this

    Fuck this Oh Hey
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  22. Gallant Knight

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    It’s at $350 pre market
     
    IV likes this.
  23. $P1

    $P1 Ball State #1
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    What's your feel on AMC, gonna be a similar ride the next week? Asking for a friend. Me. Tell me where to waste some money
     
  24. Gallant Knight

    Donor
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    Think you missed the boat. It’s also up 100%+ pre market
     
  25. Gallant Knight

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    I don’t think there has ever been a better short opportunity
     
    $P1 likes this.
  26. Gallant Knight

    Donor
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    Under $300

    going back to sleep
     
  27. Gallant Knight

    Donor
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    Some people just got an expensive lesson in pre market trading

    have a feeling a lot of people are going to get an expensive lesson tomorrow afternoon too

    I don’t pretend to be gods gift to investing but if you’re thinking about jumping into these tomorrow please just do it with money you can afford to lose
     
  28. BudKilmer

    BudKilmer Well-Known Member
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  29. Whammy

    Whammy Donde es
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    This is wildly accurate, went to Deerfield, has place in the Hamptons, “summers” at end of the world in Montauk

    So cringe, but LMAOOOOO
     
    #79 Whammy, Jan 27, 2021
    Last edited: Jan 27, 2021
  30. Pharoh

    Pharoh king tuttchdown
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    Under $200 now
     
  31. Monte Alban

    Monte Alban Well-Known Member
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    Moon, you short selling fuck. (I don't have any GME, I just wanted to express the sentiment of WSB.) I agree though. My brother bought in with 30k when it was $110 2 days ago and it dropped to $80 by the end of the day. He flipped the fuck out. I bought at $27 and sold at $65. I was happy. Both my brother and our mutual friend sent me gifs and emojis all day expressing their happiness it went back up. Neither will sell in time and end up jaded as fuck. My brother to this day whines he didn't buy bitcoin at $400 when I told him it was the play. I'll hear about GME until I'm 90 when he held until it is at @ $60.
     
  32. Doc Louis

    Doc Louis Well-Known Member
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    The arrogance of still being bearish on GameStop is amazing to see from hedge funds. They're already crying to regulators to fix the mess they've gotten caught in
     
    #82 Doc Louis, Jan 27, 2021
    Last edited: Jan 27, 2021
  33. Mr Mortisay

    Mr Mortisay Well-Known Member
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    Gallant Knight short it. We will want pics of both your positions and your brass balls
     
    #83 Mr Mortisay, Jan 27, 2021
    Last edited: Jan 27, 2021
  34. kennypowers

    kennypowers Big shit like a dinosaur did it
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    Please do SPCE next Reddit nerds.
     
    DetroitIrish3 likes this.
  35. DrTomOsbourne

    DrTomOsbourne Fully Husked
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    Buy right now
     
  36. $P1

    $P1 Ball State #1
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    Trolling but still made me laugh

    upload_2021-1-27_7-45-2.png
     
  37. Upton^2

    Upton^2 blocked just a park away, but I can't really say
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  38. TC

    TC Peter, 53, from Toxteth
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    Time to hammer Shitty AMC Show
     
  39. TC

    TC Peter, 53, from Toxteth
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    What kind of payback are these people looking at when the taxman comes calling
     
  40. Bo Pelinis

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  41. IV

    IV Freedom is the right of all sentient beings
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    This is funny
     
  42. TC

    TC Peter, 53, from Toxteth
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    Some of these guys are making a Shitty AMC Show out there
     
  43. Tobias

    Tobias dan “the man qb1” jones fan account
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    what could possibly go wrong seems like an awesome system we have

     
  44. All_Luck

    All_Luck OK. Cool Husk em!
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    Followed the reddit nerds on AMC

    Edit : up +132%

    [​IMG]
     
    #94 All_Luck, Jan 27, 2021
    Last edited: Jan 27, 2021
  45. Arrec Bardwin

    Arrec Bardwin La Araña Discoteca
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    This just smells like a lie to me.
     
  46. TC

    TC Peter, 53, from Toxteth
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    How do I know my 401k isn’t in one of these funds y’all bankrupted
     
    Nelson and BudKilmer like this.
  47. Bruce Wayne

    Bruce Wayne Billionaire Playboy
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    Michigan Wolverines

    Guess you'll find out when you check your statement
     
  48. Redav

    Redav One big ocean
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    I can't wait to not be able to retire because of this
     
  49. Redav

    Redav One big ocean
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    I like that one dude tried to step in and right the ship with fucking $2b but then oops and it's gone
     
  50. Bo Pelinis

    Donor TMB OG
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    This is v stupid and v fun. I'm up 322% on AMC since Monday.