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 theyâre trading/Iâm 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 donât exactly know whatâs going on, itâs 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 âtoo irrelevant for the big stock marketâ. They are âaware of the past short squeeze, but one should no longer focus on GMEâ. They acted as if GME was some âchildish financial playgroundâ 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 âGME is not relevant, please focus on stocks like Apple or Amazon to be safeâ.
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 theyâre trading/Iâm 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 donât exactly know whatâs going on, itâs 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 âtoo irrelevant for the big stock marketâ. They are âaware of the past short squeeze, but one should no longer focus on GMEâ. They acted as if GME was some âchildish financial playgroundâ 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 âGME is not relevant, please focus on stocks like Apple or Amazon to be safeâ.
I left the bank, buying more GME shares.
I just smashed my TV because of the SPY
I just smashed my TV in front of 30 guests at my house because of the SPY. My wife just took our crying kids and said theyâre all spending the week at a hotel. This sub has ruined my life and my party. I canât handle this anymore. Goodbye Powell. I am no longer a fan.
I just smashed my TV in front of 30 guests at my house because of the SPY. My wife just took our crying kids and said theyâre all spending the week at a hotel. This sub has ruined my life and my party. I canât handle this anymore. Goodbye Powell. I am no longer a fan.
Daily WSB trader routine
1. Wake up
2. Check memfolio, buy more PLTR calls
3. Shit while looking at charts, donât wipe
4. Fomo and buy the top
5. Watch stock Plummet
6. Sell, watch stock go up
7. Go to WSB and downvote everything
8. Jerk off, nut, realize how empty you are
9. Stare at futures for 3 hours
10. Sleep & repeat
1. Wake up
2. Check memfolio, buy more PLTR calls
3. Shit while looking at charts, donât wipe
4. Fomo and buy the top
5. Watch stock Plummet
6. Sell, watch stock go up
7. Go to WSB and downvote everything
8. Jerk off, nut, realize how empty you are
9. Stare at futures for 3 hours
10. Sleep & repeat
These are classic hedge fund tricks.
WHAT'S HAPPENING RIGHT NOW IS NOT A SELL-OFF.
Melvin Capital is going to throw a lot of tricks at us that will make it look like the stock is dropping. Don't fall for it.
Do not sell if you see any of these things happen:
GME drops by 30% or more after hours
SEC filings show that shorts have all exited their positions
GME drops below $1 a share
The Gamestop locations near you start closing
GME files for bankruptcy
GME is delisted from the stock exchange
Your bank forecloses on your home for late payment
Your children have children of their own who grow up and become investment bankers and tell you that you should stop telling people you're "diamond handing" a company that went out of business 30 years ago
These are classic hedge fund tricks.
WHAT'S HAPPENING RIGHT NOW IS NOT A SELL-OFF.
Melvin Capital is going to throw a lot of tricks at us that will make it look like the stock is dropping. Don't fall for it.
Do not sell if you see any of these things happen:
GME drops by 30% or more after hours
SEC filings show that shorts have all exited their positions
GME drops below $1 a share
The Gamestop locations near you start closing
GME files for bankruptcy
GME is delisted from the stock exchange
Your bank forecloses on your home for late payment
Your children have children of their own who grow up and become investment bankers and tell you that you should stop telling people you're "diamond handing" a company that went out of business 30 years ago
These are classic hedge fund tricks.
Darth Bearish the Regarded
Did you ever hear the tragedy of "Darth Bearish the Regarded"?
I thought not. Itâs not a story any bull would tell you.
Itâs 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!
Did you ever hear the tragedy of "Darth Bearish the Regarded"?
I thought not. Itâs not a story any bull would tell you.
Itâs 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!
I used to be a real ad