Graham Stephen is a real estate YouTuber known for his normie audience and stinginess: https://www.reddit.com/r/wallstreetbets/comments/klyw9y/what_are_your_moves_tomorrow_december_29_2020/ghd1spt/
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WSB Choose your fighter
Choose your fighter
Alex Magikarp ๐
Elon TechnoCuckLord ๐ค+๐คด
Jeff Divorcedzos ๐
Salmonella ๐ Nutella ๐ซ
Bill "HELL Giga GUH is coming" Clownman ๐คก
Chamath, "I'm abouta fuck shit up" Papaya ๐
Ryan Cocken your butthole ๐ฅ๐ฆ ๐๐๐ณ
๐ฅ Z ๐ฅ U ๐ฅ C ๐ฅ C ๐ฅ
Tim ๐ Bottom ๐ ฑ๏ธENIS
Jack Ma MIA ๐คทโโ๏ธ
Cathie "A prayer a day keeps the ๐ปs' away" or "Jesus, take my buying power" Woods ๐โ๏ธ
Choose your fighter
Alex Magikarp ๐
Elon TechnoCuckLord ๐ค+๐คด
Jeff Divorcedzos ๐
Salmonella ๐ Nutella ๐ซ
Bill "HELL Giga GUH is coming" Clownman ๐คก
Chamath, "I'm abouta fuck shit up" Papaya ๐
Ryan Cocken your butthole ๐ฅ๐ฆ ๐๐๐ณ
๐ฅ Z ๐ฅ U ๐ฅ C ๐ฅ C ๐ฅ
Tim ๐ Bottom ๐ ฑ๏ธENIS
Jack Ma MIA ๐คทโโ๏ธ
Cathie "A prayer a day keeps the ๐ปs' away" or "Jesus, take my buying power" Woods ๐โ๏ธ
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 theyโre trading/Iโm 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 donโt exactly know whatโs going on, itโs 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 โtoo irrelevant for the big stock marketโ. They are โaware of the past short squeeze, but one should no longer focus on GMEโ. They acted as if GME was some โchildish financial playgroundโ 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 โGME is not relevant, please focus on stocks like Apple or Amazon to be safeโ.
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 theyโre trading/Iโm 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 donโt exactly know whatโs going on, itโs 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 โtoo irrelevant for the big stock marketโ. They are โaware of the past short squeeze, but one should no longer focus on GMEโ. They acted as if GME was some โchildish financial playgroundโ 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 โGME is not relevant, please focus on stocks like Apple or Amazon to be safeโ.
I left the bank, buying more GME shares.
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 ๐๐๐
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 ๐๐๐
We should buy Reddit
We should buy Reddit.
Not the stock. The actual company.
If we all get together and own 51% then we will own this entire website.
We could make the rules, profit from the advertising, and finally get paid for the memes we make.
I've even come up with a list of things we could do as new owners:
Reddit mods can apply for paid-internships at Reddit. This is much closer to having a real job than what they currently do and would benefit the organization.
Your flair is your official title at the company. IE: instead of "CFO" you'll be "PotatoFart"
NSFW posts will receive special protections--and if you happen to work in our new skyscraper then NSFW posts are automatically considered SFW.
Everyone gets a turn in the corporate jet.
Elon becomes a mod. He can also apply to become a paid intern.
We have a monthly party on our company yacht: The S.S. VisualMod.
Our corporate cafeteria is a dining hall with fast food restaurants along the side--but they're all Wendy's.
I think this is a great idea.
Keep it high and tight.
๐๐๐๐๐๐
We should buy Reddit.
Not the stock. The actual company.
If we all get together and own 51% then we will own this entire website.
We could make the rules, profit from the advertising, and finally get paid for the memes we make.
I've even come up with a list of things we could do as new owners:
Reddit mods can apply for paid-internships at Reddit. This is much closer to having a real job than what they currently do and would benefit the organization.
Your flair is your official title at the company. IE: instead of "CFO" you'll be "PotatoFart"
NSFW posts will receive special protections--and if you happen to work in our new skyscraper then NSFW posts are automatically considered SFW.
Everyone gets a turn in the corporate jet.
Elon becomes a mod. He can also apply to become a paid intern.
We have a monthly party on our company yacht: The S.S. VisualMod.
Our corporate cafeteria is a dining hall with fast food restaurants along the side--but they're all Wendy's.
I think this is a great idea.
Keep it high and tight.
๐๐๐๐๐๐
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.
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