A man orders bat at his favorite restaurant.
3 years later,
NFLX fucking tanks 20% after earnings.
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.
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.
Bear King Burry vs TSLA
Bear King Michael Burry in the ring, slappin TSLA with a metal chair. His glass eye open wide with rage as he batters TSLA relentlessly.
"The valuation..." crunch "makes...." crunch "NO.... " crunch "SENSE!" he roars with maniacal autistic glee.
TSLA struggles for the edge of the ring, but coughs blood as each hit lands, and eventually stops moving. Bear King Burry drops the chair.
Bear King Burry turns to the crowd
"Was this your champion!? Was TSLA supposed to be your chosen one!?"
A child in the crowd turns his face into his mother's side and cries.
On the side of the ring WSB can barely move. TSLA was supposed to tag them in, but couldn't make it to the side in time.
"Get up TSLA" WSB whimpers hopelessly, a single tear rolling down their cheek. "Get up..."
Bear King Burry turns to WSB
"Now it is your portfolio's turn. Get in here you little bitch."
"Excuse me." Someone replies from behind BKB. "I believe I can give you the fight you want."
A robed figure is administering smelling salts to TSLA. The figure puts TSLA on its shoulder and carries TSLA gently out of the ring.
"And just who the fuck do you think you are?" BKB rumbles ominously.
BKB's fingers squeeze so tightly on the chair that metal bends.
"Who am I?" the robed figure inquires.
The robed figure stands straight and stretches to their full height. They must be at least 7' tall.
The crowd stops crying and watches in stunned silence.
"Who am I?" The figure repeats menacingly.
The figure turns around to face BKB, ripping off his robe. A gleaming light fills the stadium. Before us stands a Golden deity, rippling with muscle. If there is an ounce of body fat it is currently in hiding, only to make way for seemingly endless coiled golden musculature.
The figure looks directly into Bear King Burry's eyes.
"I'm Goldman Sachs, and i'm here to kill you."
Bear King Michael Burry in the ring, slappin TSLA with a metal chair. His glass eye open wide with rage as he batters TSLA relentlessly.
"The valuation..." crunch "makes...." crunch "NO.... " crunch "SENSE!" he roars with maniacal autistic glee.
TSLA struggles for the edge of the ring, but coughs blood as each hit lands, and eventually stops moving. Bear King Burry drops the chair.
Bear King Burry turns to the crowd
"Was this your champion!? Was TSLA supposed to be your chosen one!?"
A child in the crowd turns his face into his mother's side and cries.
On the side of the ring WSB can barely move. TSLA was supposed to tag them in, but couldn't make it to the side in time.
"Get up TSLA" WSB whimpers hopelessly, a single tear rolling down their cheek. "Get up..."
Bear King Burry turns to WSB
"Now it is your portfolio's turn. Get in here you little bitch."
"Excuse me." Someone replies from behind BKB. "I believe I can give you the fight you want."
A robed figure is administering smelling salts to TSLA. The figure puts TSLA on its shoulder and carries TSLA gently out of the ring.
"And just who the fuck do you think you are?" BKB rumbles ominously.
BKB's fingers squeeze so tightly on the chair that metal bends.
"Who am I?" the robed figure inquires.
The robed figure stands straight and stretches to their full height. They must be at least 7' tall.
The crowd stops crying and watches in stunned silence.
"Who am I?" The figure repeats menacingly.
The figure turns around to face BKB, ripping off his robe. A gleaming light fills the stadium. Before us stands a Golden deity, rippling with muscle. If there is an ounce of body fat it is currently in hiding, only to make way for seemingly endless coiled golden musculature.
The figure looks directly into Bear King Burry's eyes.
"I'm Goldman Sachs, and i'm here to kill you."
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.
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.
GameStop vs Amazon
i’m not sure how up to date you are on the whole GameStop situation but Amazon is heading for bankruptcy and GameStop is now their biggest competitor.
market cap isn’t there yet, but the company plan is on track.
also Jeff Bezos is the target of every major corporation now.
Amazon CANT survive the next few years with their increasing bad reputation from littering and burning unused inventory to labor rights with their workers being violated.
Amazon sounds great, until you look underneath the hood and see all the parts are grinding and screaming.
GameStop is targeting Amazon to be the epicenter of e-commerce/gaming.
this GameStop earnings has been MASSIVELY anticipated and i believe Amazon will continue to develop a negative correlation to GameStop.
so what do they have to do with each other? competitors and GameStops about to make the move with a bite to the jugular.
i’m not sure how up to date you are on the whole GameStop situation but Amazon is heading for bankruptcy and GameStop is now their biggest competitor.
market cap isn’t there yet, but the company plan is on track.
also Jeff Bezos is the target of every major corporation now.
Amazon CANT survive the next few years with their increasing bad reputation from littering and burning unused inventory to labor rights with their workers being violated.
Amazon sounds great, until you look underneath the hood and see all the parts are grinding and screaming.
GameStop is targeting Amazon to be the epicenter of e-commerce/gaming.
this GameStop earnings has been MASSIVELY anticipated and i believe Amazon will continue to develop a negative correlation to GameStop.
so what do they have to do with each other? competitors and GameStops about to make the move with a bite to the jugular.