The Battle of Gamestop rages on.
Pre-market we could hear the bears in no-man’s land, baiting us towards higher prices so the shorts could do their dirty work. I was stationed at the 13.80 line, and knew the morning was going to be hot. I shoveled a breakfast of tendies and said a quick prayer to Father Cohen.
When the bell rang, the bears surged into our trenches. Blood and rainbow fur filled the air and littered the ground. The Diamond Division has seen worse days, and we held firm. As the bears retreated we gave chase to retake ground we’d lost in the past week.
As I caught my breath near the 14.50, I could see bodies everywhere; paper hands who had fallen in earlier battles. One of them groaned and reached a hand towards me. I spat on him and kept moving. No honor in retreat, and no sympathy for self-inflicted wounds.
This war won’t be won in a day, but it will be won. Tell my wife’s boyfriend to tell her I love her.
I used to be a real ad
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I'm buysexual
I’m buysexual, sometimes I’m a top (when I buy) and sometimes a bottom (when I sell)
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Stimulus hopes in the year is 2025
The year is 2025. House speaker Nancy pelosi's brain jar has agreed with Mitch McConnell's new human skinbody to vote on the $12 covid stimulus package. This is the 37th revision to the package initially introduced in late 2020. One dollar will be split between all americans, two between all illegal immigrants, and the rest to Jeff bezos. Due to stimulus hopes, SPY has rallied to 600.
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.
WallStreetBets
I'm actually a pretty advanced bait station designer
I'm actually a pretty advanced bait station designer. While my formal education is a bit lacking, my cad and computer animation skills are really good, and I have some truly paradigm shifting ideas for bait stations, both vr and non vr.
currently in the beginning stages of seeking VC funds, really trying to move my operation from San Antonio to Austin, a second location could triple my revenue right now.
Obviously right now all our orders are high end custom stations, way out of reach for the avg wsb user. Its my dream to one day be able to produce real bait stations in a production environment.
Right now my company is in talks with several engineering firms out of Seoul to take our cum recycling system and some how use the energy from the spent cum to recharge the batteries.
While the technology is new. It has huge applications. Imagine when you go to charge your tsla, its powered completely by cum.
No longer must we let our nonbiological female prostitutes flush our GOLD down the toilet post coitus, that shit is going to drive our new society.
The money we save as a society on sock costs alone is tremendous.
WallStreetBets
What the fuck did you just fucking say about OTM FDs
What the fuck did you just fucking say about OTM FDs, you little bitch? I'll have you know I graduated bottom of my class in the Special Needs Division of the Navy Seals, and I've been bag holding from pump n' dumps on WSB since 2012, AND I have over 300 confirmed margin calls. I am trained in the 'tism and I'm the top retard in the entire United States armed forces. You are nothing to me but just another normie retail investor. I will wipe out my portfolio with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit about OTM FDs over the Internet? Think again, fuckface. As we speak I am contacting my wife's network of boyfriends across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your portfolio. Your fucking 401k is dead, kid. I can trade anywhere, anytime, and I can lose fat stacks over seven hundred ways, and that's just with TSLA FDs. Not only am I extensively trained in sniffing glue, but I have access to the entire crayon collection of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass boomer stocks off the face of the continent, you little shit. If only you could have known what unholy retribution your little "clever" comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn't, you didn't, and now you're paying the price, you goddamn idiot. I will shit crayon diarrhea all over you, the likes of which would make even Jackson Pollock jealous, and you will drown in it. You're fucking done, kiddo.