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[Copypasta]$600 should last us for at least 5 months
Our government is so kind and caring for us. Waits till the very last minute to finally pass something and gives us $600 which should last us for at least 5 months. God bless this country
Our government is so kind and caring for us. Waits till the very last minute to finally pass something and gives us $600 which should last us for at least 5 months. God bless this country
Fuck you all, I’m never listening to this sub again.
Yesterday I said we’d see a rally like we’ve never seen before
I was ridiculed and the market went down this morning so I accepted defeat and sold my nvda calls and got tesla puts.
My account is down bad right now. I also hedged with a tesla call so hopefully I’ll make something. Somehow oil also tanked.
Fuck you all. I’m only listening to myself now. You’re all retarded and so am I for listening to you.
Edit: not sure why some of you degens think I’m blaming you. Of course it’s my fault. This is a shitpost update. Stop taking it so seriously you retards
See you tomorrow
Yesterday I said we’d see a rally like we’ve never seen before
I was ridiculed and the market went down this morning so I accepted defeat and sold my nvda calls and got tesla puts.
My account is down bad right now. I also hedged with a tesla call so hopefully I’ll make something. Somehow oil also tanked.
Fuck you all. I’m only listening to myself now. You’re all retarded and so am I for listening to you.
Edit: not sure why some of you degens think I’m blaming you. Of course it’s my fault. This is a shitpost update. Stop taking it so seriously you retards
See you tomorrow
Not financial advise
I'm starting to think the people telling me to buy BB at $20 were being serious about not being financial advisors
Damn missed the TSLA pump... just like last week... and last month.... and last year
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.
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.