(βΜΏΔΉΜ―ββ¬β΄β¬β΄ Psst... kid, you wanna disable adblock?
More WallStreetBets Copypastas
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.
GME short squeeze
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go πππ
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go πππ
Mitch is the type of dude who...
Mitch McConnell shaves his face with the same razor he shaves his nuts and butt hole
Mitch the type of guy to put on sunglasses to get another free sample at Costco
Mitch the type of guy that says "you too" when the waitress tells him to enjoy his meal.
Mitch the kinda guy to leave βsmile moreβ on the tip section of a receipt
Mitch is the type of dude who says "Ni Hao" to the waiter at a Thai restaurant
Mitch the type of guy to shower then shit
Mitch McConnell claps when the plane lands
Mitch is the type of dude who thinks crest toothpaste is spicy
Mitch the kind of guy that uses self checkout with a full cart.
Mitch McConnell shaves his face with the same razor he shaves his nuts and butt hole
Mitch the type of guy to put on sunglasses to get another free sample at Costco
Mitch the type of guy that says "you too" when the waitress tells him to enjoy his meal.
Mitch the kinda guy to leave βsmile moreβ on the tip section of a receipt
Mitch is the type of dude who says "Ni Hao" to the waiter at a Thai restaurant
Mitch the type of guy to shower then shit
Mitch McConnell claps when the plane lands
Mitch is the type of dude who thinks crest toothpaste is spicy
Mitch the kind of guy that uses self checkout with a full cart.
Holding Galactic Virgins
Virgin Galactic Holdings changes name to Holding Galactic Virgins, and announces itβs changing its business model to extraterrestrial prostitution.
Edit: SpaceX, not to be outdone, changes to SpaceSex
Virgin Galactic Holdings changes name to Holding Galactic Virgins, and announces itβs changing its business model to extraterrestrial prostitution.
Edit: SpaceX, not to be outdone, changes to SpaceSex
GME revamp
GME should keep their retail stores but make it more of an experience like Hooters. Workers should be hot big tiddy goth girls or whatever other fetish gamers have. Bonuses if they have active social media (Instagram, Tik Tok, Only Fans, etc.) and extra bonus if they also stream on Twitch. 100% guaranteed increase traffic and sales in stores (simp farms). Literally cannot go tits up.
GME should keep their retail stores but make it more of an experience like Hooters. Workers should be hot big tiddy goth girls or whatever other fetish gamers have. Bonuses if they have active social media (Instagram, Tik Tok, Only Fans, etc.) and extra bonus if they also stream on Twitch. 100% guaranteed increase traffic and sales in stores (simp farms). Literally cannot go tits up.
