[Copypasta] Red futures :(

Bought a bunch of calls thinking I was going to be able to afford an escort to shit on my chest, now it's these red futures that are shitting on my chest.
February 2021

WallStreetBets

https://www.reddit.com/r/wallstreetbetsOGs/comments/lp6i1r/what_are_your_moves_tomorrow_february_22_2021/gob8p5c/
I used to be a real ad
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Buying calls on Gamestop

I can't believe that after fifteen years of trading, my best trade of all time is going to be buying calls on fucking Gamestop.
January 2021

WallStreetBets

I am going to short the whole country of South Africa

I assure you, this ISN'T going to get political. Because by all accounts South Africa is screwed. My planned position is bottom paragraph. Under the current ANC government there has been a general degeneration of all aspects of South Africa. Due to systemic nepotism, there are math teachers that don't know what square roots are, army officers that can't read, and cops that have never fired a gun. The practice of fictitious employees that take checks but don't work there is widespread enough that the government has drove itself into insolvency already. Estimates are that some 80% of government funds are misused in some way, ranging from government subsidies given to businesses owned by government officials to simply going missing from accounts. The ANC solved this, against advise of wiser people, with quantitative easing. Which is a fancy term for printing money, and since they could never possibly reverse that printer they're inflating the South African Rand which is why they've had two bouts of inflation near 9% twice in the past 20 years. That is all besides how the largely defunct government doesn't prevent anything on the ground. Roaming bands of pirates (many affiliates of the Marxist Economic Freedom Fighter party) will poison guard dogs and torture and murder residents often for as little as car keys and groceries. Many communities are functionally independent and take the law in their own hands, and in many areas utilities are defunct (untreated sewage goes in the river, untreated tap water comes out and it smells as disgusting as it sounds). South Africans are more likely to have their asylum applications accepted than any other nation as there are so many tales of rape and murder and threats of ethnic cleansing. This equates to the most educated citizens leaving SA and most SA based businesses diversifying out of the country as literacy rates have been falling. These disillusioned departures are not new, as they include the most famous Afrikaner in history Elon Musk who is now a naturalized American. Edit: The Economic Freedom Fighter's usual acronym isn't used because it's also the ticker for a penny stock. I first thought about shorting South Africa over a year ago when I was researching the country (I'm a historian, I read much on the country for fun). I found the only index tracking SA (EZA) wasn't an accurate representation of SA economy and buying puts on it was useless. It tracked only the largest cap firms, which are the aforementioned companies diversifying out of SA (mostly to other parts of Africa). Which is why it's a volatile ETF that overall trades sideways. Buying puts on it wouldn't really capitalize on SA going full Rhodesia/Zimbabwe. Zimbabwe having experienced the general breakup of modern institutions and hyperinflation due to similar problems. My new broker, IBKR, allows negative currency positions as long you post 10% as collateral. Now my native currency are US dollars, where inflation in 2020 was 1.4% while the South African Rand's inflation was 4.12% in 2020. That equals a 26.8% return on investment per year from that simple short position. But I'm expecting US Dollar inflation to stay between 1-2% a year while the Rand (ticker ZAR) stays north of 4% with inflation spikes inevitable over the next decade. This position also reduces my market beta, much needed for me as I've got hugely leveraged positions on American ETFs. This isn't a short term swing trade, I'm waiting for SA to implode.
February 2021

WallStreetBets

Red futures :(

Bought a bunch of calls thinking I was going to be able to afford an escort to shit on my chest, now it's these red futures that are shitting on my chest.
February 2021

WallStreetBets

GME $1000 IS NOT A MEME

๐Ÿš€๐Ÿš€๐Ÿš€ UPVOTE/GILD SO PEOPLE CAN SEE ๐Ÿš€๐Ÿš€๐Ÿš€ LISTEN TO ME. DO NOT SELL TOMORROW. OR ANY DAY THIS WEEK. Drops are coming. They are counting on fear to beat us. Itโ€™s the only weapon they have on us, but it wonโ€™t work because we are retarded. The people are finally taking the power back from these boomer hedge fund big money shorting douchebags - the same people who fucked everyone over in 2008 with CDOs and continue to fuck you over to this day. Get ready to make Melvin throat hard retard dick. We only have strength if we stay in this TOGETHER. HOLD THE LINE. THE SHORT SQUEEZE HASNT HAPPENED YET. Donโ€™t pussy out you fucking idiots. $1000 IS NOT A MEME. I love you all, you beautiful autistic bulls. Hang tight while we ride this thing into the FUCKING STRATOSPHERE. APES TOGETHER STRONG ๐Ÿฆ ๐Ÿ’Ž ๐Ÿš€
January 2021

WallStreetBets

Classic

My wife told me to talk dirty to her

So the wife and I were getting into it and she told me to talk dirty to her. So I called her a filthy slut. She said โ€œdirtier!โ€ So I smacked her around and told her I was going to use her like the cheap whore she is. She said โ€œdirtier!โ€ So I said โ€œIโ€™m gonna stick some SQQQ in your portfolio. Iโ€™m gonna put it in long and deep. Iโ€™m gonna fill you up with way OTM SPY puts.โ€ She then slapped me, packed a bag and took the kids. I think weโ€™re getting a divorce.
April 2021

WallStreetBets

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