Author Topic: New To Investing Thread  (Read 327207 times)

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Offline ben ji

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Re: New To Investing Thread
« Reply #3150 on: January 27, 2021, 11:34:59 AM »
As good as gE used to be at trolling does this whole GME thing count as the greatest troll of all time?

I can't stop following along because crap like this cracks me up

Quote
PlaneShenaniganz 176 points 13 minutes ago
🚀🚀🚀 UPVOTE/GILD SO PEOPLE CAN SEE 🚀🚀🚀

LISTEN TO ME. DO NOT SELL TODAY. OR ANY DAY THIS WEEK. Drops are coming. They are counting on fear to beat us. It’s the only weapon they have, but it won’t work because we are Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!). The people are finally taking the power back from these boomer hedge fund big money shorting douchebags - the same people who mumped everyone over in 2008 with CDOs and continue to eff you over to this day. Get ready to make Melvin throat hard Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) dick. We only have strength if we stay in this TOGETHER. HOLD THE LINE. THE SHORT SQUEEZE HASNT HAPPENED YET. Don’t pussy out you rough ridin' idiots, we are going BALLS DEEP. $10,000 IS NOT A MEME. I love you all you beautiful autistic bulls. Hang tight while we ride this thing into the rough ridin' STRATOSPHERE.

APES TOGETHER STRONG 🦍 💎 🚀

Offline IPA4Me

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Re: New To Investing Thread
« Reply #3151 on: January 27, 2021, 11:38:09 AM »

Offline ben ji

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Re: New To Investing Thread
« Reply #3152 on: January 27, 2021, 11:42:15 AM »
I'm just imagining 52 year old Adena Freeman yelling at some new 21 year old intern to tell her what the internet is saying now.

Offline DaBigTrain

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Re: New To Investing Thread
« Reply #3153 on: January 27, 2021, 11:46:26 AM »
Chamath just scorched the earth that is CNBC with that interview
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Offline Dugout DickStone

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Re: New To Investing Thread
« Reply #3154 on: January 27, 2021, 11:49:19 AM »
So, I don't personally do the investing thing.  I pay some egghead to do that but this thread has my attention now.

As I read it the free market of the stock market is only free if Blackrock is making money off of Ma and pa.  If its the other way around, they shut it down?

Offline catastrophe

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Re: New To Investing Thread
« Reply #3155 on: January 27, 2021, 11:51:35 AM »
https://twitter.com/Investingcom/status/1354474816414343172?s=19

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I’ll admit this is all way over my head (exactly why I have no plans or desire to trade anything other than ETFs) but wouldn’t a halt in trading hurt the hedge funds just as much?

Offline IPA4Me

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Re: New To Investing Thread
« Reply #3156 on: January 27, 2021, 11:54:38 AM »
https://twitter.com/Investingcom/status/1354474816414343172?s=19

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I’ll admit this is all way over my head (exactly why I have no plans or desire to trade anything other than ETFs) but wouldn’t a halt in trading hurt the hedge funds just as much?
Limits the pain and stops the COLUSION by the reddit bros.

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Offline IPA4Me

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Re: New To Investing Thread
« Reply #3157 on: January 27, 2021, 11:56:16 AM »

Offline Institutional Control

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Re: New To Investing Thread
« Reply #3158 on: January 27, 2021, 11:58:06 AM »
Are reddit bros basically doing the same thing that hedge funds do on a daily basis?

Offline IPA4Me

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Re: New To Investing Thread
« Reply #3159 on: January 27, 2021, 11:59:18 AM »
Yes.

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Online wetwillie

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Re: New To Investing Thread
« Reply #3160 on: January 27, 2021, 12:00:35 PM »
The SEC should drop all other lawsuits pending and throw the book at these Wall Street bets dudes
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Offline kim carnes

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Re: New To Investing Thread
« Reply #3161 on: January 27, 2021, 12:07:51 PM »
Are reddit bros basically doing the same thing that hedge funds do on a daily basis?

not even close. 

Offline Dugout DickStone

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Re: New To Investing Thread
« Reply #3162 on: January 27, 2021, 12:13:27 PM »
Are reddit bros basically doing the same thing that hedge funds do on a daily basis?

not even close.

so, hit me with the differences. 

Offline steve dave

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Re: New To Investing Thread
« Reply #3163 on: January 27, 2021, 12:14:29 PM »
Are reddit bros basically doing the same thing that hedge funds do on a daily basis?
No


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Offline ben ji

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Re: New To Investing Thread
« Reply #3164 on: January 27, 2021, 12:14:52 PM »
Quote
proloyster 161 points an hour ago
CANCEL YOUR $420.69 SELL ORDERS
IT'S NOT A MEME ANYMORE


Quote
[–]Honeytoast100 80 points an hour ago
I've never seen a stock this volatile in my entire 4 hour stock trading career

Quote
PM_ME_YOUR_CATS_PAWS 66 points an hour ago
My literal boomer parents just tried to get me to sell for 300% gains

I gave it some thought. And by some I mean none.

BECAUSE IM NOT rough ridin' SELLING

Quote
Gog1a 45 points 22 minutes ago
I COULDVE CASHED OUT AT +100% YESTERDAY
I COULDVE CASHED OUT AT +250% TODAY

BUT I ASKED THE PILOT AND HE SAID THAT WE ARE NOT ON THE MOON YET SO STRAP ON AND PEG SOME BOOMERS

Offline ben ji

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Re: New To Investing Thread
« Reply #3165 on: January 27, 2021, 12:15:26 PM »
Hedge funds going up against this

Quote
proloyster 161 points an hour ago
CANCEL YOUR $420.69 SELL ORDERS
IT'S NOT A MEME ANYMORE


Quote
[–]Honeytoast100 80 points an hour ago
I've never seen a stock this volatile in my entire 4 hour stock trading career

Quote
PM_ME_YOUR_CATS_PAWS 66 points an hour ago
My literal boomer parents just tried to get me to sell for 300% gains

I gave it some thought. And by some I mean none.

BECAUSE IM NOT rough ridin' SELLING

Quote
Gog1a 45 points 22 minutes ago
I COULDVE CASHED OUT AT +100% YESTERDAY
I COULDVE CASHED OUT AT +250% TODAY

BUT I ASKED THE PILOT AND HE SAID THAT WE ARE NOT ON THE MOON YET SO STRAP ON AND PEG SOME BOOMERS

Offline chum1

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Re: New To Investing Thread
« Reply #3166 on: January 27, 2021, 12:22:19 PM »

Offline kstate4life

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Re: New To Investing Thread
« Reply #3167 on: January 27, 2021, 12:36:19 PM »

Offline chum1

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Re: New To Investing Thread
« Reply #3168 on: January 27, 2021, 12:38:19 PM »

Online wetwillie

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Re: New To Investing Thread
« Reply #3169 on: January 27, 2021, 12:40:48 PM »
Is this doing irreparable damage to the underlying credibility of the stock markets? I would think the SEC would be shitting bricks right now. It basically confirms groups of people on social media platforms can have their way with individual stocks.
When the bullets are flying, that's when I'm at my best

Offline chum1

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Re: New To Investing Thread
« Reply #3170 on: January 27, 2021, 12:44:26 PM »
Starting to think some redditors could end up in jail.

Offline Dugout DickStone

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Re: New To Investing Thread
« Reply #3171 on: January 27, 2021, 12:51:28 PM »
I’m way too bid I think. 

So how is this different than a investors club on a larger scale?

Offline Pete

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Re: New To Investing Thread
« Reply #3172 on: January 27, 2021, 12:57:22 PM »
It really isn't different, it's just scale and detrimental to important people.

Offline Pete

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Re: New To Investing Thread
« Reply #3173 on: January 27, 2021, 12:58:19 PM »
This is going to be yet another prong in a civil war, isn't it?  :horrorsurprise: :cry:

Offline catastrophe

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Re: New To Investing Thread
« Reply #3174 on: January 27, 2021, 12:59:28 PM »
Is this doing irreparable damage to the underlying credibility of the stock markets? I would think the SEC would be shitting bricks right now. It basically confirms groups of people on social media platforms can have their way with individual stocks.
I don’t think your average investor (me) understands or cares all that much. It sounds like hedge funds trying to manipulate rules are getting pegged by activists trying to manipulate other rules. It’s a strange position for GameStop to be sure, though.

If I saw this doing any harm to the market, it would only be because if giant institutional investors suddenly lose their bankroll, there will be less water in the ocean and all ships would sink a bit.