The great GameStop short squeeze of 2021. https://www.reddit.com/r/wallstreetbets/comments/l2wx2p/weekend_discussion_thread_for_the_weekend_of/gk8lwtb
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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 theyโre trading/Iโm 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 donโt exactly know whatโs going on, itโs 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 โtoo irrelevant for the big stock marketโ. They are โaware of the past short squeeze, but one should no longer focus on GMEโ. They acted as if GME was some โchildish financial playgroundโ 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 โGME is not relevant, please focus on stocks like Apple or Amazon to be safeโ.
I left the bank, buying more GME shares.
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 theyโre trading/Iโm 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 donโt exactly know whatโs going on, itโs 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 โtoo irrelevant for the big stock marketโ. They are โaware of the past short squeeze, but one should no longer focus on GMEโ. They acted as if GME was some โchildish financial playgroundโ 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 โGME is not relevant, please focus on stocks like Apple or Amazon to be safeโ.
I left the bank, buying more GME shares.
Bullish market makes me hard
When the stocks ๐๐ go up ๐๐ธ, my dick goes too ๐โฌ๏ธ๐ณ. Bullish ๐ market ๐ฌ makes me hard ๐ฆด๐ฆ. All the countries ๐ณ๏ธ๐ด๐ดโโ ๏ธ๐๐ฉ๐ณ๏ธโ๐๐ณ๏ธโโง๏ธ๐บ๐ณ try to recover ๐ from corona ๐ฆ so the money ๐ฐ๐ต๐ธ flows ๐ฌ into my pocket ๐ณ. Soon ๐ there will be a crash ๐๐ญ๐ฅบ๐ and the bears ๐ป will crawl ๐ผ out of their holes ๐ณ. Then they cut off my greedy dick โ๏ธ๐๐ฉธ if I donโt โ eat โem out ๐ ๐ธ. I must turn into a bear ๐โก๏ธ๐ป and make ๐ค๐ผ more money ๐ฐ๐ต๐ธ and eat some honey ๐ป๐ฏ. When Iโm done โ Iโll throw a party ๐๐ท๐พ and eat your ass ๐ ๐.
When the stocks ๐๐ go up ๐๐ธ, my dick goes too ๐โฌ๏ธ๐ณ. Bullish ๐ market ๐ฌ makes me hard ๐ฆด๐ฆ. All the countries ๐ณ๏ธ๐ด๐ดโโ ๏ธ๐๐ฉ๐ณ๏ธโ๐๐ณ๏ธโโง๏ธ๐บ๐ณ try to recover ๐ from corona ๐ฆ so the money ๐ฐ๐ต๐ธ flows ๐ฌ into my pocket ๐ณ. Soon ๐ there will be a crash ๐๐ญ๐ฅบ๐ and the bears ๐ป will crawl ๐ผ out of their holes ๐ณ. Then they cut off my greedy dick โ๏ธ๐๐ฉธ if I donโt โ eat โem out ๐ ๐ธ. I must turn into a bear ๐โก๏ธ๐ป and make ๐ค๐ผ more money ๐ฐ๐ต๐ธ and eat some honey ๐ป๐ฏ. When Iโm done โ Iโll throw a party ๐๐ท๐พ and eat your ass ๐ ๐.
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.
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.
Don't use the "F word" on the trade floor
Just heard an employee use the โF wordโ on the trade floor, and immediately fired them. Maybe other funds will tolerate that kind of language, but donโt you dare talk about Fundamentals here.
Just heard an employee use the โF wordโ on the trade floor, and immediately fired them. Maybe other funds will tolerate that kind of language, but donโt you dare talk about Fundamentals here.
My idiot boyfriend spent my college fund on dog coins how do I get it back???
He talked me into spending the $8500 I have on dog coins because something was supposed to happen yesterday which would have given us more money?? but it didn't actually happen or got canceled or something I don't really know or understand how it works but I went to the dog coin site to withdraw my money and there is only about $6700 of it there, where is the rest of it? I tried looking at the faq but don't really get it
He talked me into spending the $8500 I have on dog coins because something was supposed to happen yesterday which would have given us more money?? but it didn't actually happen or got canceled or something I don't really know or understand how it works but I went to the dog coin site to withdraw my money and there is only about $6700 of it there, where is the rest of it? I tried looking at the faq but don't really get it