Gonna be checking the market every chance I get while pretending to think my brother-in-law's Cards Against Humanity answers are funny.
What happened to this ad? :(
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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.
Classic
WallStreetBets
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.
WallStreetBets
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.
WallStreetBets
Google employees complaints
Reading Google employees complaints about workplace is like watching Becky cry on social media how her life's ruined when she only got a new Hyundai for graduation instead of the audi she asked.
Bitch give me that 300k job and I will deal with "my voice not being heard" all day every day.
WallStreetBets
Which one of you got reddit to send me this
Which one of you fucks got reddit to send me this shit
"Hi there,
A concerned redditor reached out to us about you.
When you're in the middle of something painful, it may feel like you don't have a lot of options."