#WallStreetBets

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

  1. ohhaithur

    ohhaithur e-Batman
    Donor

    The owner of the Mets
     
  2. ohhaithur

    ohhaithur e-Batman
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    No 401ks are shorting 140% of gamestop lol
     
  3. CUAngler

    CUAngler Royale with Cheese
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    doh!
     
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  4. Bruce Bowen

    Bruce Bowen Well-Known Member
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    I have a Robinhood account ama
     
  5. DrTomOsbourne

    DrTomOsbourne Fully Husked
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    It is.

     
  6. Dr. Richard Cranium

    Dr. Richard Cranium I'm sorry, the card says Moops
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    I get that it's easy rooting against the people running the hedge funds, but the money that is being lost is probably a lot of pensions and endowments.
     
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  7. Bo Pelinis

    Bo Pelinis Yesterday is a hard word for me.
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    [​IMG]
     
  8. DrTomOsbourne

    DrTomOsbourne Fully Husked
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    Nebraska CornhuskersTampa Bay Lightning

    Power to the people my man.
     
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  9. skiedfrillet

    skiedfrillet It's not a lie if you believe it.
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    Clemson Tigers

    Capital gains is at 23%, yeah?
     
  10. Bo Pelinis

    Bo Pelinis Yesterday is a hard word for me.
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    Probably shouldn't be shorting stocks with peoples' pensions and endowments.
     
  11. TC

    TC Peter, 53, from Toxteth
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    South Carolina GamecocksCarolina PanthersCarolina Hurricanes

    I’m not sure my accountant handles all that
     
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  12. zeberdee

    zeberdee wheel snipe celly boys
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    looking for the next Gamestop seems like a good idea, but I can't see these funds continuing to short AMC or BB or whatever they way they did GME. they won't make the same mistake again (or will they)
     
  13. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    Kansas JayhawksKansas City RoyalsKansas City ChiefsNewcastle UnitedBig 8 ConferenceFormula 1

    The hedge funds have robbed the system for years. The people caught them in the act on this one. Fuck em.
     
  14. Redav

    Redav One big ocean
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    I wish I could get in on making money on this but I made the mistake of tuning out anyone who tried to talk to me about investing over the years.
     
  15. Upton^2

    Upton^2 blocked just a park away, but I can't really say
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    Clemson TigersAtlanta BravesCharlotte HornetsCarolina PanthersArsenal

  16. ashy larry

    ashy larry from ashy to classy
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    South Carolina GamecocksAtlanta BravesWu-tang

  17. Dr. Richard Cranium

    Dr. Richard Cranium I'm sorry, the card says Moops
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    I am guessing that this has gone beyond just being a short squeeze to the options market and the gamma whip is the tail wagging the dog.
     
  18. BudKilmer

    BudKilmer Well-Known Member
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    I am simultaneously laughing at this and pulling up my 401k like :ohdear:


    Purely distilled capitalism is a scourge.


    Fuck Ronald Reagan to hell
     
  19. IrishLAX2

    IrishLAX2 Tommy Rees to anywhere else, please
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    Do not try to catch a falling knife.
     
  20. Truman

    Truman Well-Known Member
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    Missouri TigersSt. Louis CardinalsChicago BullsSt. Louis BluesEverton

    That one dude owns the Mets. RIP teel
     
  21. Guns

    Guns horse paste aficionado
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    how long does a market order usually take to fill on td Ameritrade? Trying to get in on some AMC and it it’s been open for like 15 minutes
     
  22. The Hebrew Husker

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    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWENebraska Cornhuskers alt

    You mean players, right?

    upload_2021-1-27_8-42-35.jpeg
     
  23. mal630

    mal630 Well-Known Member
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    Ohio State BuckeyesTiger Woods

    My sales are not currently going through but up $300/share on gamestop, tripled money on AMC in a week, more than doubled money on blackberry in a week. Obviously bought stocks based on memes so didn't put in that much money but still just insane returns.
     
  24. Dr. Richard Cranium

    Dr. Richard Cranium I'm sorry, the card says Moops
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    What's interesting is the biggest institutional holders of GME is Dimensional Fund Advisors which is run by a bunch of academics rooted in the Efficient Market Hypothesis.

    Fama French need to add the WSB Yolo factor to their model
     
  25. ohhaithur

    ohhaithur e-Batman
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    One second. The brokers are struggling, I'd advise against a market order right now, you might overpay by a lot
     
  26. Bo Pelinis

    Bo Pelinis Yesterday is a hard word for me.
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    Internet collectivism really hosed that hypothesis didn't it
     
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  27. Bo Pelinis

    Bo Pelinis Yesterday is a hard word for me.
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    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    What the internet did for direct channels to people in power and the ability for musical artists and comedians to work outside traditional structures, it's done for investing. That has to be generally terrifying for professionals.
     
  28. teel

    teel Schiano Man
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    Rutgers Scarlet KnightsNew York MetsNew York GiantsNew Jersey DevilsNational League

    That’s a cup of coffee to him you dummies :laugh:

     
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  29. Tobias

    Tobias dan “the man qb1” jones fan account
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    bankrupt the hornets please
     
  30. Tobias

    Tobias dan “the man qb1” jones fan account
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    weird how $2b is no big deal to him but he wasnt able to afford $150m for realmuto like we were all promised he totally would
     
  31. Dr. Richard Cranium

    Dr. Richard Cranium I'm sorry, the card says Moops
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    I tend to think that Melvin can't be as exposed as everyone thinks here. I am sure they have hedged in some way as opposed to just being naked short.
     
  32. Dr. Richard Cranium

    Dr. Richard Cranium I'm sorry, the card says Moops
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    He's so poor he only put up $750 million, the $2bill came from Ken Griffin.

    Ken ironically is making money on filling all the retail order flow from WSB.



     
  33. Guns

    Guns horse paste aficionado
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    AMC trading apparently suspended
     
  34. killerwvu

    killerwvu Restoring WVU's E-Rep 1 Post At A Time
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    Who is Melvin Capital and why is reddit going after them as opposed to any other hedge fund?
     
  35. ohhaithur

    ohhaithur e-Batman
    Donor

    They went after the stock that was the most shorted. It just happened to be Melvin
     
  36. Dr. Richard Cranium

    Dr. Richard Cranium I'm sorry, the card says Moops
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    Notre Dame Fighting IrishMilwaukee Brewers altMilwaukee BucksGreen Bay PackersTiger Woods

    I don't think it is personal at the beginning other than just being on the opposite side of the trade
     
  37. Bo Pelinis

    Bo Pelinis Yesterday is a hard word for me.
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    WSB already took down Wedgie Capital so they moved on to Melvin Capital.
     
  38. killerwvu

    killerwvu Restoring WVU's E-Rep 1 Post At A Time
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    Actually makes it funnier
     
  39. PaulKemp

    PaulKemp Well-Known Member
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    Thinking about how Rockstar pulled the stock market out of GTA Online because they thought it’d be exploited by people colluding en masse as the in game stock market subreddit exploded in popularity pre-launch all those years ago and chuckling a bit to myself
     
  40. Tobias

    Tobias dan “the man qb1” jones fan account
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    wow teel $2b is so meaningless to him that he wasnt even able to afford half of that.
     
  41. BudKilmer

    BudKilmer Well-Known Member
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  42. teel

    teel Schiano Man
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    Toby desperately trying so hard to be in denial about a juggernaut being built while thinking about his ownership splurging on Charlie Morton and calling it an offseason
    [​IMG]
     
  43. DrTomOsbourne

    DrTomOsbourne Fully Husked
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  44. Tobias

    Tobias dan “the man qb1” jones fan account
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    uncle stevie has hired a sexual deviant as GM and cheaped out on signing the guy who you and other met fans swore he would be able to pay for with change from his couch cushions

    i get that you're upset for being duped by a couple zany tweets from him about how he was changing the culture and whatever and it has to be frustrating knowing that every person on earth besides met fans saw this con coming but it isnt necessary to lash out like this
     
  45. TC

    TC Peter, 53, from Toxteth
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    South Carolina GamecocksCarolina PanthersCarolina Hurricanes

    We should not be picking winners and losers!!!!!!1
     
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  46. leroi

    leroi -
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    it probably isnt, at least not for pensions
     
    #146 leroi, Jan 27, 2021
    Last edited: Jan 27, 2021
  47. mal630

    mal630 Well-Known Member
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    Ohio State BuckeyesTiger Woods

    I put in sale order at right at open. Took 26 minutes but got out.
     
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  48. PeterGriffin

    PeterGriffin Iced and/or sweet tea is for dirty rednecks.
    Florida State SeminolesPhoenix SunsTottenham HotspurAvengersBorussia MönchengladbachFormula 1

    The GameStop stuff is funny and all but the company deserves to be shuttered, fucking hate ‘em. I dislike that execs who have made detrimental decisions for gamers for years now get to see their wealth exponentially grow.
     
  49. Dr. Richard Cranium

    Dr. Richard Cranium I'm sorry, the card says Moops
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    Lol the execs have been dumping their stock at like $30 the last few weeks. They don't even believe in the company
     
  50. Nelson

    Nelson Can somebody please get Ja Rule on the phone
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