[Copypasta] Don't use the "F word" on the trade floor

Just heard an employee use the “F word” on the trade floor, and immediately fired them. Maybe other funds will tolerate that kind of language, but don’t you dare talk about Fundamentals here.
January 2021

WallStreetBets

https://twitter.com/SimpleJackCap/status/1341388555839528960
I used to be a real ad
More WallStreetBets Copypastas

I couldn’t tell you what half of the companies in my portfolio do

I couldn’t tell you what half of the companies in my portfolio do or even what the ticker stands for...but you better believe I’m jacked to the mf’ing tits in every single meme stonk that you crayon eaters have been pumping. CHOO CHOO MF’ER.
December 2020

WallStreetBets

Darth Bearish the Regarded

Did you ever hear the tragedy of "Darth Bearish the Regarded"? I thought not. It’s not a story any bull would tell you. It’s an ancient Bear legend. Darth Bearish was a Dark Lord of the Bears, so well capitalized and so regarded he could use Leverage to influence gamma to create profits… He had such a knowledge of the dark side of Leverage that he could even keep other traders he cared about from being margin called. But the dark side of Leverage is a pathway to many abilities some consider to be... unnatural. He became so bearish… the only thing he was afraid of was losing his positions, which eventually, of course, he did. Unfortunately, he taught his apprentice everything he knew, then his apprentice reversed his positions in his sleep. Ironic. He could save others from bankruptcy, but not himself!
June 2022

Tragedy of Darth Plagueis The Wise

WallStreetBets

GME bank consultation

Short story-time for amusement reasons only: some days ago, I went to my bank (Austria). I am the owner of quite a number of GME shares and my broker app is actually just the bank-intern bond trading app, where I need to pay transactional feed everytime I buy (what is sell?) GME shares. I informed myself about the reasoning of those transactional fees beforehand and found out that by paying them, I have the right of consultation by my bank about the shares they‘re trading/I‘m buying. So, I went to the main national building of my bank, they were really friendly at the beginning, enthustiatically, I mentioned GME to them and that I wish for professional consultation about the financial details involved with that stock (I am not a financial guy, actually, I don‘t exactly know what‘s going on, it‘s all pretty crazy to me). Suddenly, their posture and mimick changed pretty suddenly. I was told, they are not allowed to consult about GME. To my question, why this was the case, they told me, because GME is „too irrelevant for the big stock market“. They are „aware of the past short squeeze, but one should no longer focus on GME“. They acted as if GME was some „childish financial playground“ that should be forgotten about. When I confronted them with the huge recent naked short attacks and if they could explain to me possible effects of them if they were not covered, they just repeated themselves how „GME is not relevant, please focus on stocks like Apple or Amazon to be safe“. I left the bank, buying more GME shares.
April 2021

WallStreetBets

Don't use the "F word" on the trade floor

Just heard an employee use the “F word” on the trade floor, and immediately fired them. Maybe other funds will tolerate that kind of language, but don’t you dare talk about Fundamentals here.
January 2021

WallStreetBets

Oh my gourd, I am financially ruined (agricultural futures)

I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
January 2021

Classic

WallStreetBets

More WallStreetBets Copypastas
Text-to-Speech Playing