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[Copypasta]Man i love bull markets
Man i love bull markets. Tried to type in the ticker for MAXN yesterday to buy some but MAGN came up instead. Didn't know wtf it was but I was too lazy to redo my search so I bought that instead and it started mooning.
Man i love bull markets. Tried to type in the ticker for MAXN yesterday to buy some but MAGN came up instead. Didn't know wtf it was but I was too lazy to redo my search so I bought that instead and it started mooning.
Itβs 4:01pm. Bears solemnly log out of their devastated brokerage account, get up from their makeshift desk made up of a stack of empty Michelinaβs frozen lasagna dinners, head up the stairs of their fatherβs basement, grab the keys to their tan β97 Chevy Cavalier and a cloth mask embroidered with the word βVOTE,β and drive down the street to the local gay bar for a holiday themed burlesque show.
Itβs 4:01pm. Bears solemnly log out of their devastated brokerage account, get up from their makeshift desk made up of a stack of empty Michelinaβs frozen lasagna dinners, head up the stairs of their fatherβs basement, grab the keys to their tan β97 Chevy Cavalier and a cloth mask embroidered with the word βVOTE,β and drive down the street to the local gay bar for a holiday themed burlesque show.
GME short squeeze
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go πππ
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go πππ
Not financial advise
I'm starting to think the people telling me to buy BB at $20 were being serious about not being financial advisors
I'm starting to think the people telling me to buy BB at $20 were being serious about not being financial advisors
Police clearing out a homeless encampment
On my way into the office today I saw the police clearing out a homeless encampment under a bridge, forcing them into the cold and rain. I keep playing it over in my head and havenβt been able to focus on work all day because of my erection.
On my way into the office today I saw the police clearing out a homeless encampment under a bridge, forcing them into the cold and rain. I keep playing it over in my head and havenβt been able to focus on work all day because of my erection.