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Why did so many people fall for a textbook speculative bubble?
>>27762982They just like they stock
>>27762982because the bubble was growing higher until every single kike exchange banned buying at best hours for almost a week, killing all momentum
>>27763102It's a bubble regardless of Robinhood restricting the stock.And everyone on Reddit is STILL saying "hold" because they're absolute idiots.
>>27762982Because it theoretically would have worked out if all the brokers hadn't been pinched in the balls by their Jewish overlords.
Because this bubble got framed as fighting back against old rich "white" people
>>27763270aren't they still 5-10X up?
>>27762982/biz/ is going to pretend they were too smart for this scam, but when I called it out as a whale/media driven pump and dump from day 1 everyone called me a hedgie shillHope all you fags hodl to 0
>>27762982Greed and FOMO do terrible things to do. I'd at least people will have learned their lesson, but as you can see from the people posting here, that's not true. These retards really thought it would keep going up forever
>>27762982They didn't understand how the short squeeze worked or how long they were supposed to wait before selling so they all just tried rationalizing not selling indefinitely and gradually sold depending on the rate at which each of them were able to accept it was only going down from there.
>>27762982First time investors and there was so much diamond hand noise which threw off people who would have otherwise sold at peak.
>>27762982Because the underlying theory and mechanism actually was sound, i.e. drive up the price on a massively shorted stock and force the shorts to flood the market the buys to cover their naked call. The problem was people mistook the high volume in the week running up to the settlement date as all retail investors when they should've seen that 750 million shares trading- at a total market cap of roughly $200b- wasn't a few million dudebros on reddit and assorted retail FOMOs. It was the shorts covering their positions throughout the week so that there would be no squeeze on Monday.
>>27763469To be fair, if robinhood didn't pull what they did even getting in at 300 would have yielded you some pretty gains that fucker was genuinely going to break 800.
>>27763390Depends when they bought in.Many of them bought in Wednesday - Friday last week, so now they're decidedly in the red.
>>27763469This. NEVER fomo.
>>27763394The largest trading sites conspired to shut it down you retarded hedgie shill
>>27763596Robinhood unironically saved normies billions of dollars on losses by having a liquidity issue
hmmm i wonder if this stock that has no value outside of clear manipulation will be stable...
>>27763394If you couldn't tell the board was infested with mouth breathing redditniggers you're either dumb as they are or brand fucking new. Don't act like that shitshow belonged to biz.
>>27763710They saved the 70iq idiots that thought it would hit 5k per stock and fucked over the greedy 80+iq guys who thought they could double their gains.
This time it seemed different. But of course it wasn’t.
>>27762982>didyou say that like half of Reddit still isn’t in denial of having missed the squeeze
>>27763390Based on the growth of the sub I'd say the vast majority bought when it was like 200+ kek
>>27763102>>27763270You guys are both right. It was a bubble that was going to burst at some point, but robinhood forced it to burst early.Anyone who bought at $300 probably would have been able to double their money before the stock finally burst.If that was something you planned on doing then robinhood screwed you.If you planned on holding forever with your diamond hands (whatever the fuck that is) then you screwed yourself.
>>27762982Depression. I wanted to punish myself. Teach myself a lesson. My girlfriend dumped me last year. But I was still holding on to hope that she would come back to me. GameStop was a repeat of that same feeling. Now I know better man. Life is not easy. I want to live a good life. I want to learn how to love others. I hope I will be able to make someone smile one day.I think I will be ok. God has granted me so many beautiful things. But many people have got it much worse. I read in that other thread that one guy in FL bit the bullet. Feels sad even though I am numb. I hope there is something to be gained from all this loss. I hope people can grow to love one another. I hope the world will be a better place tomorrow, even though I contributed fuck all to it. I just gambled some money. Impotence is a strange feeling. Take care of yourselves anons. This too shall end. It is so with all things.
>>27763903you literally just did what he said was going to happen>biz is going to pretend they were too smart for this scam
>>27764158>My girlfriend dumped me last year. But I was still holding on to hope that she would come back to me.Women are a pump and dump
>>27764486I don't know man. It's so easy to take that way out. But good girls exist out there. Maybe I'm just a naive chump.
>>27764432Pretend my sweaty asshole. You honestly can't tell which posts are tourists?
>>27762982Because nobody really expected the amount of manipulation and bullshittery that occurred in the past couple of weeks.
theres a good reason by americans have a reputation of being dumb as fuck
>>27763522quite likely that this is what actually was happeninghedgies buying to cover + retail piling in leading to the squeeze from a few dollars to 400 and now its slowly bleeding out as more and more tards lose hope
>>27763932>They saved the 70iq idiots that thought it would hit 5k per stock and fucked over the greedy 80+iq guys who thought they could double their gains.80+IQ here. I planned on selling last Thursday once it looked like it was going to hit $500, and then robinhood pulled their bullshit.
>>27763276>It would have worked had everything not gone 100% according to script
I simply thought the bubble would've popped at a higher price. Got greedy, and that's the lesson
>>27762982Because people are dumb as fuck.How many times does it have to be said...BUY LOWSELL HIGHSimple as. If you're buying high, 99 times out of 100 you are about to get dumped on. And that 1/100 time you don't get dumped on immediately, well you'll just get dumped on later.
>>27764625No matter how good they may be all women will run away at the first sign of weakness. No self respecting man should subject himself to the endless tests and games women subject them to, you should be thanking her for the mental health break
>>27762982Think about that woman. Let's say she trusted and loved this dude.Now, the build up of resentment. The smell of his weakness. Him failling as a provider. She felt secure with his male partner, now he is weak and her security is no longer the same. She can't trust him.When they have sex again, deep inside her this thought will be there. This odd feeling of disgust. And her pussy will stop being moist for him.He has failed on a basic level as a male. He can't mess with his role as a provider. He is the rock. His woman trusted him.He's done for. She will never respect him back unless he literally makes fuck you money.
>>27762982There was nothing textbook about it. And people fall for bubbles because there's free money to be made. You just need to be lucky to get out on time. It's easy to be smart when you never do anything.
>>27762982stop calling it bubble, imbecile
>>27762982$53 is still x10 since like Octoberlet that sink in
>>27764054Good meme
>>27763102Lmao at people who think they wouldn't have been absolutely rekt for buying the top Fucking deluded normie bag holders
>>27764062Looking at the search trends, most bought in after the actual squeeze when it hit 500 and then longs dumped as shorts re-entered at the top. Jan 28 bounce back to 300 was driven by media/political attention from the RH fiasco and it's been bagholders passing their bags to each other since.Retail got slaughtered.
>>27765223Robinhood only prevented you from buying, not selling.
>>27765464There was no reason to not believe otherwise. GameStop could be 100B+ company for a brief moment and it would be fun.
BUY HIGH!!!SELL HIGHER!!!
>>27765416It was perfectly textbook.The only people who stood to profit from it were those who got in early. By the time it was international news and everybody was jumping on the bandwagon, it was pretty clear that it was a bubble. A textbook bubble.>>27765430It was a bubble.
hey that chart looks familiar :O
>>27763102while this basically killed with along with the back and forth trading the hedges did to lower the price I still think it would have played out like a pump and dump as hedges would have just paid the interest long enough until people start dumping could have ended up being a 1000 bucks a share pump and dump though
>>27764625They exist man, they exist
>>27765223The $420.69 dump was too strong. No way RH retail could've stopped a >$300 drop with over a million shares transacted in less than an hour.
>>27765632Bitcoin was always a textbook bubble according to imbecilesYet, here we are
>>27762982They didn’t know they lived in the age of fractional reserve shares.At this point just short whatever they are if for some reason you are not in crypto instead.
>retard pennystock gamblers get lucky when they notice a hedgefund is pissing in the wind>take advantage of opportunity and make millions in unrealized gains>instead of just selling mania and fomo starts to creep in, 1k EOY etc etc>on top of this government psyop about sticking it to the big ebil bankers starts creating a just world complex in all the retail holders, encouraging them to hold beyond reasonable price points>stock collapses. people lose millions in unrealized gains. hedgie wins again because the stock market is a heavily regulated world where the house always wins.
>>27762982“People” don’t use reddit they’re a hive mind
>>27762982This guy today. Guess the hype train is still active
btw I literally saw an upvoet post on wbs about some suicide hotline links and all shorts "don't do it" reddit tier rambles in itHOLY SHIT LMAO
>>27765789 > Comparing bitcoin to a meme stock
>>27763394Every single person who says sensible things is called a shill these days, like there are actual people paid to post on fucking 4chanEven the jannies do it for free, and people here think that just because you talk some sense you’ve been paid off
>>27764064is robinhood really so big that they contain the majority of retail investors?
>>27765575>Robinhood only prevented you from buying, not selling.Did you see how quickly the stock plummeted when that was announced?
You all are wrongThere was a bubble within the last week's price action, yes but the bubble was caused by retards, the kind who fomo into doge, getting in and expecting instant richesThe short squeeze has yet to happen as the trading volume has been fairly low after last week and the major shorts have yet to close their positionsBecause the price is low, short interest is lower, so those who were shorting it feel less immediate pressure to coverBut they still have to actually close their positions, which will require them to get through anyone who is still holdingWhich is probably enough to keep them from being able to close, as it was before the media got wind of the short, but now there are 9 million people on WSB as opposed to ~2 million before
>>27762982They thought it was a movement on fighting the hedge funds. They thought this time it was different.
>>27765623You're forgetting the part where GME was shorted 140% of float, which is retarded no matter how you spin it, so there was a real reason for the bubble.>By the time it was international news and everybody was jumping on the bandwagon, it was pretty clear that it was a bubble. A textbook bubble.This is correct, but widespread news coverage started after the short squeeze happened last Wednesday, and the coverage was precisely because some redditards caused some overexposed hedge funds to bleed hard, which was unheard of. Anyone who bought in after that is a retarded bagholder though, you're right about that
>>27765632Comparing bitcoin to a now heavily overvalued, failing company who can just issue more stock at anytime. Topkek
>>27762982Its all relative. Had it not been illegally manipulated it would have for sure been near $700 or more. The volume was there. It was a smart gamble to get in. NO ONE thought all the hedge funds and their clearing houses would stop trading on 99% of platform for ONLY retail. Then they illegally traded back and forth for days and days for $-.001. Basically costing them nothing but driving the price down.You can shit on these people all you want. But it WAS a good call had the SEC stepped in right away during those first hours. They didn't. The dopes here are the people who bought in DAYS later after all that. Those are the real moron. I bought in at $50 then $200. Made a little cash. But I was planning on selling at $600+. But only absolute RETARDS are still stocking thousands into it before it has hit rock bottom.
>>27764486BOOTA
>>27766153In this case there has been a massive bot campaign and a few interns to smokescreen, especially during the mania.Now they are pretending the obvious and still ongoing manipulation doesn’t exist.During the height the place was 90% bots reposting accounts telling everyone to sell that were straight from reddit by 2 day old accounts
>>27766072Bitcoin is a fucking meme tooIt has no value whatsoever, but it's a good speculative tool because it can't be easily manipulated like stonks
>>27766162They are big and something like 80% of their users had GME and AMC stock. It wasn't just robin hood. Toro, E-Trade etc. They all did it. Very few didn't stop trading.
>>27765632Nigger tier retarded
>>27766162>is robinhood really so big that they contain the majority of retail investors?I don't know. All I know is if you go back you can see a huge drop in value after they announced they weren't allowing buys. Maybe it made people panic and created a domino effect.
>>27766162Of all the brokerages it probably has the lowest barrier to entry. So it has the majority of retard investors. It stopped them from piling in and pumping it higher.
Glad I held but pissed they took my maximum gains. All in all win win buying at $7.55. Ty anon for clearly explaining the shill. Aint never been wars but class war
>>27763710best broker with the best gui
>>27766281You were literally well in the green until Monday even if you bought at 300There was no reason to not think it's not going to be 1000$
>>27766216>>27766281>The short squeeze has yet to happen>You're forgetting the part where GME was shorted 140% of floatWhere does this info come from by the way? I know people have said the 140% figure was public information, but where do you get that information?
>>27765575>no one new can buy>yet somehow the stock will keep rising........Shill or smooth brain?
>>27762982Could you waive the money lost on trading these meme stocks on your taxes since you had been defrauded?Also, how likely is it that there will be a class action lawsuit against the perpetrators of the scam?
I'm just glad I averaged down and once it finally drops, I'll just continue to buy up cheap Gamestop stocks for that sweet 9.90 dividend yield.
>>27763102Anyone who bought over 100 is a stupid greedy animal so it was fair that they got raped instead of the even stupider people they could have dumped on.
>>27766531kek you’re glad you held and lost so much of your profits? Peak cope
>>27763699>guise they fucked meYou just keep telling yourself that.Really! You bear zero responsibility.
>>27765632shut ur mouth, bitch.
>>27765317Based and true
>>27764486name?
>>27766780You're an idiot and an asshole. GameStonk deserved to be 2000$ per share and jews robbed us of easy moneyWhy couldn't they just let us have it for fuck sakes? They literally have the printing press, just let us have some
>>27763394You think these reddit screenshots i made these days were for nothing?We knew. That's why we laughed about it. Had a good time.The stock was worthless ffs. It was a quick pump and dump and the rich got richer.. and the meme redditors got exactly what the deserved. YOU DON'T GO AGAINST THEM. THEY GO AGAINST YOU.
>>27762982because they're retarded newfag traders who got caught up in a hype storm
>>27766603>The short squeeze has yet to happenThe squeeze happened last Wednesday, that's why a struggling company like GME rocketed to 400$ per share. Anyone who's still saying it's yet to come is a retard, a bagholder, or both.>Where does this info come from by the way? I know people have said the 140% figure was public information, but where do you get that information?The 140% figure is real and it was available from many sources, even Yahoo finance provides shorts/floating capital stats for all compaines
>>27766866By look of the ass I believe it's Sava Schultz
no one who traded pump n dumps in crypto in 2017 fell for this
>>27762982Hope
>this time is differentits literally that simple
>>27766378Bunda. It's a Brazilian word.
>>27762982To stick it to the man!
>>27762982Because most people just heard about it from friends/reddit who told them it was a 100% certain fast money guarantee.I was one of those dumbasses who believed it was certain but at least I bought in at $77. At least I didn't take out a third mortgage on my fucking house to buy in at the peak.
>>27766781Naw G sold more than enough to make great gains but held 60%I’m not an “idiot”
>>27765603based and canslim pilled
>>27767030>The squeeze happened last Wednesday, that's why a struggling company like GME rocketed to 400$ per share. Anyone who's still saying it's yet to come is a retard, a bagholder, or both.Was it a squeeze or a pump and dump, I keep hearing different things, and it can't be both.
>>27765603BUY HIGHKEEP IT AS A SOUVENIR.
>>27767216maybe there was no squeeze
>>27767137Because it was easy and free money for a momentObviously putting your life savings into a bubble is retarded, but if you had a chance to make them 10x in a week...
>>27763522There has never been a better time to short GME than right now imo
>>27766603https://finance.yahoo.com/quote/GME/key-statistics?p=GME
>joining a game of musical chairs and getting mad the music stopped ah yes must be reddit
>>27767463maybe tomorrow at 20$ per share lol
>>27762982IT'S NOT ABOUT THE MONEY, IT'S ABOUT THE CAUSE!!!!!!!!!!!BUY THE DIP, EAT THE RICH!!!!!
>>27767216It is indeed kind of both.It was different from a classic pump and dump in that a 140% short on floating capital is retarded and just asking for trouble, the spike in GME prices was direct consequence of both redditards buying and hedge funds covering their unsustainable short positions. The "diamond hands" memes were classic pump and dump in that the actually smart people who saw the opportunity, and profited from it, made sure there were enough bagholders to keep the price afloat for a couple more days to dump it all on them at inflated prices before the stock crashed bak to earth
>>27767463maybe 2 days ago lol
>>27762982Because it wouldn't look like a textbook speculative bubble if they didn't>why are footprints the size of feet?
>>27766341They're not overvalued though
>>27767288Not even an army of Redditards could get GME to more than 10x its value without a short squeeze
IT'S FUNNY HOW THE 'BUY THE DIP' POSTS COMPLETELY VANISHED
>>27763094We like the stock
SOMEONE POST THE MEME FOMO CHART I NEED IT
>>27765632>>27765789There are speculative bubbles on top of bitcoin's average growth, yes. GME is a speculative bubble on top of a retailer having a rough time.They always look the same because they're always about human behavior, not the underlying value. It's just not about the shapes.
>>27768031
>>27765632This is 100% true but bitcoin will recover and probably hit 60k after the next halving (2 years). GME will never hit $400 again.
>>27764486God I'd love to impregnate this whore
>>27767517Thanks anon
>>27767797so its over....
It always looks the same. GME was no Tesla.
WTF DO I DO NOW????? FUCK MY LIFE
>>27768083no no no the OTHER one with bear trap and bull trap and fear phase etc
>>27768173Did you realize that just now?
>>27762982Textbooks unanimously said this would go up.Textbooks said to buy at $300, even $400.What happened was against what the textbooks say. Textbooks don't account for unprecedented forms of illegal mm.If you saw it coming, you're admitting to not having read a textbook.Textbooks are also saying it's still going to go up within the next two weeks.t. bought at 30 and sold at 120 before the real moon happened.Not buying back in because I'm going all in on some insider information.
>>27768201>>27768224ah this, the one on the right
>>27768207Kek link the reddit post
>>27764972>theres a good reason by americans have a reputation of being dumb as fucktoo busy listening for the telltale click-clack of a shotgun to pay attention in class
>>27762982Media and celebrities were hyping it up.
>>27768207Click "stop paper trading."
>>27768201What's so great about Tesla other than Elon's cocksucking skillsIt's meme company making mediocre electric cars that themselves are a meme
>>27765623It was a squeeze, there was massive buy pressure released by hedges closing their colossal shorts.It's a fact that they had to close at least 3 big tranches, the price didn't spike for the people buying in, and (you can see it on the chart) the massive spikes occurred in the after market.Of course it was retarded thinking that they would not just open new shorts right after, and that another big squeeze was about to happen.
>>27764486rape
>>27768441cause billionaires all like elon and suck his cock so his company does well
>>27763296based. white privilege was proven yet again.
>>27762982the amount of misinformation from this gme shit insane
>>27766216what you fail to realize is "the plan" for everyone to HOLD has fallen apart. Because everyone who bought in has decided to sell, there will be no second short squeeze.
It's a last ditch cash grab before an investor goes bankrupt
>>27765464People were saying the same about people who bought at 90 in the initial riseNo one knows how far up this shit could have gone without interference
>>27768441Self driving and battery technology are global leaders. There is more value there than electric cars.
>>27762982because wsb told them a false narrative. can't wait for reddit to actually ban that sub because of what they did
>>27768441Tesla is another bubble. It has potential to live up to the hype but it's horrendolìusly overpriced at the moment, it has a much bigger market value than automakers dwarfing Tesla in sales and revenues.Then again, the stock market is more about hype than actual fundamentals.
>>27768564I'm still not sure what is real besides the bubble.
>>27768207next time trade on margin
>>27768648what was the false narrative?
"I wish I sold at $350""I wish I sold at $300""I wish I sold at $250""I wish I sold at $200""I wish I sold at $150""I wish I sold at $100" <--- you are here"I wish I sold at $50"hop out of the Titanic while there's still life boats!
>>27768627the thing with pump and dumps is to get in early and get out early, don't worry about selling at absolute peak, even at $90 it's fucking overpriced as fuck and anyone buying in then are fucking retarded, people who got in at 20 selling at 90 still making way more money than the people buying in at 90 and trying to sell at 500
>>27768648You can't stop retards from being retarded
>>27768377i blame johnny sins
>>27768377ELON CUK SHARES LOTS OF RESPOSIBILITY ON THIS ONE. HE SACRIFIED HIS CULT NORMIES TO EASY THE RESENTMENT HE HAS FOR SHORTERS. WHAT A GIANT DOUCHE
>>27768639Batteries are shit and require lithium which is one of the most scarce resourcesSelf-driving tech can be replicated with of the shelf parts and some programming skills in a garage at this point, but it'll never be perfect enough for the massesAnd even if that was the advantage, Tesla doesn't even make the batteries but Japs like Panasonic do. There's nothing that makes them worth more than all other car companies in the world. Almost any known car company crushes Tesla on build quality, others don't make much electric cars because they just don't sell, math still doesn't add up to people.
>>27768627>No one knows how far up this shit could have gone without interferenceNot defending RH, but if you seriously think GME could have reached much higher than more than 10x its value you're retarded. The famous VW squeeze was at about 5x the value.
>>27769005why him and not Mia Khalifa? Nervous Mia Khalifa Willing to Come Up With Some Arrangement to Pay Off GameStop Margin Call: https://hard-money.net/nervous-mia-khalifa-willing-to-come-up-with-some-arrangement-to-pay-off-gamestop-margin-call/
>>27768441TINA. No other manufacturer can match Tesla’s electric vehicle production. Within a decade Tesla will suffer from being an early adopter and some chink/Jap firm will easily undercut them by making a better, more affordable electric car.
no point in me selling now might as well sink with the ship
We live in a post GME world
>>27768207Hold. It can't get much worse, so just hold.
bought are 80, still going strong
>>27762982because all they needed was their $600 stimy and a cell phone and some guy on reddit that acted like he was smart. Which made them feel smart and jump on the train then it got to there were so many people jumping on the train they probably thought if that many people are jumping in on it it must be true and work out in our favor.A guy at my work bought in a 80k position last week Monday. Wednesday I suggested to cash out since he would have had good gains and could always rebuy in a short dip or if it keeps going up. He held. Thursday said the same thing, he said but leddit said the squeeze is happening Friday it doesn't matter volume has dropped. rinse repeat up to today and he is still mumbling about how it's fine that he is in the red right now and if he just holds the short squeeze will happen.
>>27769293because he was my favorite porn star :(
>>27769328>It can't get much worseA-anon, I...
>>27768267send some of that moon money my way
>>27769290>patternfag
>>27769328After hours it's below 50 lel
>>27763296
>>27767288There probably was going to be one, if the hype around it didn't fucking explode into a regular pump and dump before the required date to hold on it passed.
>>27769293
>>27765575I couldn't get into my ally account for most of the day. I think a lot of brokers had the same issue.
>>27769519>implying any remaining short positions wouldn't just have paid interests, no matter how high at that point, for a couple more days waiting for things to cool down because it would be more economically sound than paying 500$+ for a GME stock.You realize short sales have no expiration date, don't you?
>>27763102>because the bubble was growing higher until every single kike exchange banned buying at best hours for almost a week, killing all momentumif the apps allowed the bubble to continue growing a lot more people would have lost a shitload more moneythey unironically did the right thing. there have already been suicides over this
>>27768934Premarkets are already below $50 lel
>>27768441He's sucking government cock, that's different.
>>27769795I typed "Mia Khalifa step brother" on Google to see who her stepbrother is that works on Wall Street and is mentioned in the article. The results I got on Google when searching "Mia Khalifa step brother" were not the results I were expecting... unless that is what she is referencing when she says she'll ask her step brother for money... guess we'll be seeing her in new films after all.
>>27763102>Why did people buy into this bubble? >Because they thought it was going higher than it did.
>>27770011Just hit $49.00 on the 1 tick chart --> r/MelvinCapitalLove
>>27762982booba
People believed they would win and not the trade halting cronies.
>>27770144>r/MelvinCapitalLovewtf that is real hahahahah
>yfw when GME hit $50 before AMC did
>>27763469You're unfortunately right. As a newer investor I learned a big lesson about fomo and panic buying. Bought 1 gme at 266 and 10 amc at 16, and still have them. Tried day trading to make back the money lost while panicking and ended up just losing another 100 or 2. Valuable lesson, and could have been worse.
>>27770006Why dump your life savings into this though, and I say this as someone who gambled 2k$ into this, something I could afford to lose or gain 10x which would be nice if RH allowed everyone in and stock would shot up to the moonJust don't go crazy ppl, why throw your life savings into one thing in general. Gamble responsibly.
>>27769622They downvoted him because he spoke the truth.
>>27768232i knew about gamestock yesterday
>>27763469It didn't even keep going for a week, I expected it to go on for at least two.Then I would just cash out my 10k$ at the right time and all would be fine. Easy money.
>>27765317only shallow whores leave their man when he needs her. find a good woman who would die for you if she had to. they exist, if you're good enough to inspire that in them.
>>27770502This. Its all speculative, how is anyone supposed to know what the peak would have been?
>>27764062There is histogram chart that shows at what price everyone bought at. I don't know where to find it. Someone post it if they have it.Anyway there is a stupid amount who bought at 200+
>>27765575thus increasing the selling pressure which makes price drop.
>>27770006>if the apps allowed the bubble to continue growing a lot more people would have lost a shitload more moneyNo they wouldn't. If someone's dumb enough to dump their life savings into this it wouldn't matter if the price was $500 or $5
>>27770737Why not when it could go as far as 1000$ and above thatMany would cash out earlier satisfied with the winLiterally every pyramid scheme went on far longer than that and many made money before it crashed
>>27770779In fact if anything the high price would dissuaded people from buying.
If you only got a share of GameStop hopefully the class action lawsuits against Reddit will cover your bag
I'm putting my $1400 into it when it bottomspretty sure there's more at play here still and I hate the bankers
>>27770993Poorfags could still buy fractional shares on RH
the "short squeeze" and "we're gonna fuck the hedge funds" were very effective memes. and let's be clear, hedgefunds lost at least 100 billion USD worth of money in this debacle. so it wasn't all just smoke and mirrors.
>>27766162Investors with a modicum of knowledge know to stay away from that garbage platform... Which in actuality are very few. So yes, Robinhood contains the majority of retail. And you can tell because as soon as Robinhood opens, it's the only broker that opens pre-market that late, it moves stocks' volume big time. Although ultimately the ones that pump and dump stocks on a daily basis are the algos but Robinhooders do help to start the trends that later on are picked up and pumped or dumped by algos.
>>27770006>if the apps allowed the bubble to continue growing a lot more people would have lost a shitload more money>they unironically did the right thing. there have already been suicides over thisFuck your kind. You guys are literal blood sucking vampires.
nice double top patterndogshit bag holders lolcrypto next sheer those goy
>>27770993I’m wondering if Game Stop actually has a lot more buys right now because the stock price is much cheaper.
>>27762982GREEDThese redditors who hated wallstreet became wallstreet and thought they could only go upThey believe everything people tell them thats why they think they are women
Don't worry guys Yellen is investigating. We'll probably all get refunds.
>>27762982Dropped 3k on it when I finally realized that it wasnt going to stop after the third consecutive day of gains. Thought about taking it our right after it hit above 400 but I didn't expect apps and other brokers to play the dirty tricks they did.Still going to hold. If nothing else, it will be a valuable lesson to remember: the game is absolutely rigged against you and they WILL win, so play things smart.
>>27771555what makes u think that
Because the Pepe frogs said it was a once in a life time event.
>>27772487it was. it's just that if you bought at $250+, you were late
>>27772336It was joke
I believed in the squeeze™
>>27766780kike
>>27770329I dont get it.
>>27763596this>>27763710fuck off kike
>>27768267>textbook saysYeah, I forgot to buy the textbook for February.I have the one for March, though. I can't wait.
>>27762982>that double>had 2 chances to get out>still didn’t
It was essentially a check mate move. The reasoning was solid tactically. What they didn't account for was that essentially the other chess player was allowed to call time out on the game, turn all the lights off, replace all their knights, rooks, bishops, and queen with pawns. Then suck the referees dick and put 6 million dollars in his pocket.
>>27773612this, kek
>>27769622
>>27762982It's all rigged. For fucks sakes they had to halt trades so many times to get the price to drop. You fucking sheep. This is not a bubble when they have to put out the fire.
>>27769622None of them bothered to look it up either, just immediately dismiss it. Jews won.
$GME reminded me why I hate Reddit.
>>27771838You don’t get what’s actually going on. They’re doing this weird thing with short stocks to somehow delay their relevance on the system. In other words, the true prices for this stock and many other shortened stocks are not being recognized. They first tried empathy. Then, “I care so much about your safety, I will sell these stocks for you.” Now, it’s just “Look, I’m totally winning!”
>>27766445>robin hood. Toro, E-TradeFunny, a lot of the people here remember telling you anons that those were shit brokerages.What did you say?>you sucker, paying commissions
i bought some at like 190. not really sweating the money lost i guess ill just hold it as a souvenir.
>>27773839They did this to "protect" us
>>27775032This.
>>27763390Not any of the 8 million new WSB users.
>>27774955I smell the blood in the water myself. I see all that red. I am about to go feeding, guise. I know I will.>CHOMPCHOMP
>>27762982It wasn't even a bubble. It was a mania. A speculative bubble assumes there is some fundamental value to the thing being speculated. Shares of fucking Gamestop? Might as well buy tulip bulbs. The people who made money made that money because the rest of you retards bought in at 400$. From THEM. Those shares the apes were buying up at 3 and 400$ were all being sold by the very same people spamming diamond hands and rocket emojis on leddit.
>>27764064This reply burns me at a spiritual level.When I saw the crazy social media coverage and /wsb growth, and relentless shilling for everyone to hold, I jumped in at 337.80 like a bitch in heat fishing for the greater fool.My plan was to put a stop-loss at +50% after an initial spike (which I expected at the time) or exit at +100% to make a few cheeky k's.Then trading platforms across the world halted buying... I'm still holding the view that if they hadn't done that, I would have met my goal. I'm also holding the bags feeling all retarded, make fun of me.
>>27770006Fuck faggots like you. Hur dur people will get hurt by stocks shooting to the moon. If you don't take some profit or your basis when its up 1000% you're a fucking retard and you're a fucking retard wanting people to be broke.
>>27766162That's not really relevant in the case of GME. WSB was basically funneling newcomers to robinhood, so it became a single point of failure when they restricted GME. The entire "movement" was happening primarily on robinhood due to social media, not because robinhood is that big.
>>27769795anyone else smell garlic all of a sudden?
>>27768639Tesla isn't a leader either. What they're a leader in is integration. It'll be a few years but Tesla's not going to last, but they've already established themselves as a meme brand for tech bros
>>27775881For sure it would have the stock was on a rampage till they shut it down. It touched 500 then came to a screaming halt. Was pretty ridiculous. I bought some between 250 and 350 at different times because I thought it would keep running but I had already taken profit. Was extremely shitty and I hope Vlad burns in hell for the money he cost thousands.
>>27764054Ahh... I too, am a huge cuck
>>27775881It 100% would have gone higher. /r/wsb was basically in a shark frenzy when it neared $500. Even if people like OP dismiss it as a speculative bubble or mania, the frenzy wasn't even close to climaxing naturally. That's why even after it was restricted it stayed >$300 for days. It's only in this past week that people have calmed down and realized they're fucked, except they're also angry because they know they got fucked over.
>>27767216maybe the real squeeze was the friends we made along the way...
>>27769795why are browns so disgusting?
>>27765512>After the squeezeThere was no squeeze. That's why it collapsed.
>>27764158You need to build yourself into something you yourself like. Do this and all else will follow. Heed this advice. I’ve been in your place.
>>27775881I didn't buy but never listen to this faggots who say you fell for a normal pump and dump. Everyone knew this was a bubble and it would burst, but it was cut short because of blatant kikery. Everyone knows the game is rigged, but no one knew they would be this blatant about it. I know I was FOMOing hard like everyone else here before they shut everything down Thursday. AMC was looking very promising as an early get in until then.
>>27769795i love middle eastern girls but damn mia khalifa is painfully average
>>27768441it's the apple of auto manufacturers, which is to say they've taken a mediocre thing and done an amazing job marketing it.It's beautiful.
if you guys want to make actual money, it's in crypto altcoins. i am up $40k in the last month. look at my twitter "dexxon6" i have the link there to my discord server
>guyz if we buy up all the shares we can demand 50k a share for them. we are so smart now.
>>27762982It's just newfags who don't know what they're doing and invest reactively based on emotions and popular sentiment, rather than proactively based on research and smart risk taking.Intelligent people know that they don't know what they're doing when they first get into investing, so they start with small amounts of money to learn the patterns then invest greater amounts once they're more confident in their abilities. But this is reditards we're talking about so they'll never learn.
>>27763102real brokers didnt restrict buying
This shit was the first time I ever FOMO'd into anything and even though I only lost like a week's worth of pay, it's how upsetting how retarded and emotional I let myself get
>>27777913You have no idea what happened then do you. They were fucked over before the bubble was ready to burst. You make it sound like they fell for a normal pump and dump is just ignoring the corruption that happened and supporting it. Again, everyone knows the game is rigged but what happened was far worse than what anyone knew or expected.
>>27769309I honestly doubt Elon gives a fuck if Tesla ever makes a dime. He made the company so that his Mars colonies have vehicles that can work on a planet with no deposits of natural gas or oil. Basically all of the companies he's created or has a large stake in are making or developing something that will be important on Mars. Green technologies, AI, tunneling companies, rockets. I'm sure he's funding some asteroid mining startups on the side as well.
>>27776673>>27777026It was always going to end in tears, no doubt in my mind.On Wednesday my broker's app crashed as soon as I put in a market order, I had no visibility that it went through until hours later.On Thursday, they opened with restricted buying without any notice and the price crashed. I wanted out at this point, but I got emotional, and set a limit order at break even point.On Friday, it didn't touch. I expected normies to talk about 'the revolution' to their friends over the weekend, and to migrate brokers. (Did this even fucking happen?)On Monday, mainstream media started a coordinated Silver Blitzkrieg. (I was still emotional at this stage, not sure if this is true).The rest is history, I now own a small piece of a brick & mortar video game chain store on a different continent...
>>27775495It legitimately is the clearing office's fault for trying to jew them so hard for buying a stock.
>>27773612If you weren't holding in the double digits you are a dumb nigger that deserved to get shit on by the pros
>>27763102>killing all momentumBrokerages did do that but it was bubble too. Ironic how these redditors who seemed on the verge of riots are already complacent being screwed ovee by the rich corporations who actively destroyed the momentum. There won't be another civil war or anything of that nature. Odds are if America falls, it'll be from the outside. Until then it'll likely become more and more of a police state.
>>27767517>>27766603Look at the fucking DATES YOU FUCKING IDIOTSJAN 15!!!!!!!That was before the short squeeze. The peak of the squeeze was $400-450. Accept this.
>>27765899>tfw people and big names are still buying in>"they are fucking stupid">Dipping lower and lower>If it resurges back up, they will be rich>A gamble of a lifetime.I'm, /IN/.
>>27778699user asked where short info is, i answered. no one is neither of us are promoting meme stock moron.
>>27763596This. At the same time it prevented anyone that would've jumped aboard later on from suffering losses as sooner or later someone wouldve lost. But whose to say retail wouldve lost? Unironically got screwed over by this as i did buy 2 shares the day before they killed the momentum. At least it was only 2.
>>27777770i wanna be rich can i make $40k in 2 weeks instead plz?
>>27778699So you think turning off the buy button had no effect. Just a coincidence the squeeze ended just when they were kind enough to only let people sell? I agree the squeeze was happening but people got fucked prematurely by them.
I... I'm still holding. Should I just accept that I'm an idiot and sell already?
>>27766378Please sir, BUNDA or POOPA.
>>27779084Limit sell most and transfer to puts. I want to believe we'll get our squeeze but the house fucked us hard.
>>27779084I'm in the same position as this guy atm.fucking robinhood.
>>27779084wait til the 9th. there's a chance that the hedgies didnt cover their shorts because they saw that the demoralization of the panic sellers worked in their favor.
>>27779258>>27779265same, at this point I'm mentally treating it as having spent hundreds of dollars on lottery tickets, I at least want to minimize my losses. I couldn't even sell my shares at the peak because of Robinhood.
>>27779084just kys instead for being a retard
>>27779326I saw mumbling about this and I can hold until then but after that I'm out, I think after that I'll be ready to come back to reality>>27779436this is also an option
Aside from silver, I don't forsee this kind of populist short squeeze working again. Now that they've seen the damage that can be done by a bunch of retards mortgaging their homes and pumping a worthless stock, they probably leave themselves a better exit strategy and curb their recklessness. Or just deepen their ties with the market makers and brokers to ensure that retail investors are always blocked out of the market before a squeeze can happen. The silver market is, to say the least, wildly overshorted. But the fact that the big names in the silver house keep shorting ever more silver contracts tells me that either they're prepping for an absolutely apocalyptic crash and don't give a fuck about future consequences, or they hold literally ALL the cards and know that they can never be squeezed, no matter what.
there is a killing to be made on all of these people joining the market.
>>27779265I sold earlier today and put an equivalent amount into meme coins like RBC and Sake, since RH takes forever to release funds.
>>27780092See, this man gets it. People KEEP buying in. Something is gonna give here, SOMEONE is gonna make a shitton of money yet, and the antsy panicked nature of the wallstreet/Media industial complex is proof enough that they KNOW it's not over yet.Buckle up choombas, it's gonna be one hell of a ride.
I lost 35 bucks all in all, which is nothing, but its really pissing me off. I am very disappointed in myself because I genuinely thought I knew better than to get swept up in a meme-frenzy.
>>27779640same, its my last copium
>>27780276>SOMEONE is gonna make a shitton of money yetGME short sellers
>>27763710Fucking neck yourself
>>27780294I lost $200. I've always thought I was stupid but this confirms it.
>>27780294I lost $2 while trying to buy dogecoin, because I got fucked by fees and didn't actually buy it since I was too late.
>>27763270>And everyone on Reddit is STILL saying "hold" because they're absolute idiots.its more like >haha we are autistic hence we do stupid
>>27778314If we get to space none of that shit matters. Titan literally rains oil. Lithium isn't problem anymore either.
>>27762982Greed
>>27780667Titan can rain oil all day, but transportation of it to anyplace that could use it would cost obscene amounts of money. The idea that we should supply the Mars colonies with resources from the moons of fucking Saturn is 10 different levels of retarded.
>invested 600usd for 52 shares>Watched my position hit 23k, held>ameriburger apps got kiked, thought it wouldn't affect me>I am now making 3k and holding to see the Feb 9 SI purely out of curiosityIm still green as fuck, but I can't help but feel disgust towards the shameless corruption in the US
the squoze hasn't been squeezed
>>27764064I was planning to sell around the $600 level. But oh well I’m only in two shares at $250.
>>27762982Can yall pussy paper handed faggots sell already so the squeeze can begin?
is there any reason to buy right now?
>>27781156I’m buying everything below $60. I’ll have 80k by next week for fresh GME longs.The stock everyone hates that’s what you want to buy. Thats what BTC was and then Ethereum and link.
>>27781248fuck no
>>27781248Yes, wait for it to hit 10 and buy 10, if 100 dollars don't blow up, then you wasted nothing.
>>27763522thisa textbook short squeeze has turned into a textbook speculative bubble
>>27778709based chad.
>>27768099We all would anon
Pyramid schemes based on emotion attract people who aren't logical and were going to gamble their money away one way or another. It was based on feeling and people weren't going to do any research to begin with if they were stupid enough to buy in.If someone invests their entire savings into a stock they're only going to look for validation from other retarded gamblers like them which keeps people stuck HODLing their bags with their diamond hands.>>27781248It's worked out so well thus far, right?
>>27762982short volume is still over 50% of all volume. same with yesterday, the day before, the day before... here's a decent post about it: https://old.reddit.com/r/wallstreetbets/comments/lbavu0/the_ratio_of_short_volume_to_total_volume/ see also: http://regsho.finra.org/CNMSshvol20210204.txtI think there are a lot of good reasons to be holding this. this is a major scandal, I don't see how they will be able to get out of it, all eyes are on this market, and all of the world is getting woke up to manipulation.
>>27777555Booba
Lost car and this months rent due to complete stupidity, arrogance and greed. I knew it was time to dip at 400 but i didn't listen to common sense because I'm a stupid greedy useless faggot who should've stuck to crypto. I always told myself id know when to get out.
>>27770336People are animals. They litterally called themselves apes, the virgins wouldve tasted the dopamine and throwed everything at that bubble, everything while chanting for vengance against wallstreet and jerking each other off, like now but 1 thousand better worse.
>>27770006>theres been suicides over thisKek where?
is there short restriction tomorrow? maybe will go up a bit so i can sell
>>27770006>copeWell if they're trying to save people from the market, then they shouldn't let any retail invest at all. I mean, they're so concerned with retails wellbeing and they know that the market is full of snakes, why let anyone play who isn't qualified?Oh wait, it was in the brokers/Hedgefunds/DTCC best interest to rug pull and limit stock buying.
I never bought any GME and saw the crash coming, it hit 49 in aftermarket trading tonight and I'm unironically thinking it's oversold and we will see a dead cat bounce, going to see if I can pick some up tomorrow on open.
GME is fair priced at $60.It always goes to 60 during next gen releases. Now consider reflexivity and now it’s a trend to buy from GameStop to stick it to the system. GME will never go below 20 again.
>>27764054The sad reality is that whichever trading bot vacuumed up the money doesn't even understand happiness.
>>27779994there's way way way more money in forex than stocks.
>>27768825Listen, I have the magical ability to crash any stock. All I have to do is buy in with a minor amount and it's crashing hard. Never fails. I'll crash Tesla tomorrow. Be warned.
>>27775881Same. Like a retard I put my buy order in at the night before only to wake up to a crashing inferno.
I'm just pissed because this shit would have absolutely hit $500 if RH and other apps didn't halt trading, even more pissed there's nothing I can do about that bullshit halt.Considering selling my 10 shares @ $50 if I can, wash my hands, learn from it and move on. I've seen a few mumbles about Feb 9th and a part of me wants to believe in another bigger squeeze but I don't know anymore.
>>27764064It was definitely going to pop and leave people holding bags, but Robinhood and other brokerages cutting off buying absolutely fucked over a lot of us that got in at 300+ with a profitable exit plan that I'm certain would've panned out otherwise. I'm not going to dump at a huge loss, though. I'll bought these bags; I'll hold these bags. With the way the market's been, I've got enough profit in my portfolio that I can easily absorb the hit.
>>27783450>I'll crash Tesla tomorrow. Be warned.Please stay away from my precious TSLA!
>>27762982Because I'm retarded, okay?
>>27764158I know that feel, man. God is real, as is prayer. Have you been praying? I think a lot of America is right now. Let's trust in the Lord. Do also keep in mind that anyone who actively tries to induce negative emotions in another human being is not following our Lord. God will never tell you that you are not loved.
>>27783707also quick question, and I'll do proper research but what's a decent long term hold on the US market? I got some left over buying power + whatever I get back from GME when I sell, and in my country if I'm not mistaken if you invest long term (12+ month I believe) in a foreign company you get a tax break when you cash in.
>>27783707I dont think there will be a squeeze, the VW squeeze was completely different. Porsche bought up all the shares itself and held at the last minute so shorts couldnt cover their positions. GME was not only repped but straight out paraded for weeks ahead of time so shorts were able to get out and reposition before the pump actually hurt them. Now they get to short @ 400 and make back even more cash.
So now that plebbit is financially ruined how can I profit off this, by shorting funkopops?