Can we keep the sexual posts to a fucking minimum guys? My parents stumbled on this sub the other day and now I'm not even allowed to access Reddit anymore because of the sex talk they saw in here. This is not a peepee, poopoo and vajayjay fun house. We are not heathens whose only role in life is to fornicate and laugh about fornication and then ejaculate that nonsense, spurting and spewing this so called "humor" on each other like animals. This is a place of worship. Meme worship. God is not pleased with you all. Repent.
I used to be a real ad
More Copypastas
Anyone basing trades right now on fundamentals is a fucking tool
So many arrogant fucks here love talking fundamental analysis when they can't even tell me if lil’ Yachty got another Ferrari much less how stuffed the fucking Oreos are now. Fucking clowns, all of them.
Shut the fuck up and do your trades. If you really need a valuation multiple you can't even derive to tell you whether you should buy a stock or not, you deserve CHGG.
Newsflash, the stock market never made sense nor will it. Best you can do is trade gourd futures you know about and feel with your hands that it hasn't been spotted by any number of fungal pathogens in the complex ecology of modern supply chains. Or alternatively manipulate markets like the rich investors who funnel you into silver every fucking time like clockwork. Warren Buffet's dad was Paul Revere, if you think that shit didn't help The Wizard of Omaha then not only are you retarded but also delusional.
Now stfu about EBITDA and long term debt-to-equity ratios. If you actually knew what the fuck was going to happen you'd be chilling in r/lounge with a fat chick, not on wsb posting "anyone basing trades right now on technical analysis is fucking tool.”
WallStreetBets
Now that all the girls stop reading this...
twitch chat
imaqtpie
Slap Chop commercial script
Now that I have your attention let me show you this handy new kitchen tool, the Slap Chop! You’re going to be in a great mood all day, because you’re going be slapping your troubles away with the Slap Chop. Now, look here’s a potato. One slap you got big chunks for stew, two slaps home fries in a second. And, look at this when you add a mushroom: the more you do it, the finer it gets you don’t have to switch any blades.
Now, you love salad -- you hate making it. You know you hate making salads -- that’s why you don’t have any salad in your diet. Watch this one slap... salad! I love Pizza too, but once in a while get the veggies in, at least throw it on top of the pizza.
You’re going to change your eating habits. Soup, Coleslaw, stuff we want, 5 seconds. 4 or 5 seconds, it's done. This thing, this tuna looks boring. Stop having a boring tuna, stop having a boring life. Add this tuna putting it in like this now you’re going to have a nice, tuna, salad. Look at this you’re going to have an exciting life now.
Look here’s a hard boiled egg. One chop, you add the pickle; you add the green onion. And what you can do is mix things together add the ham and you’re going to love this. You don’t have time to make breakfast, breakfast to go.
You’re going to love my nuts. Watch this: almonds, walnuts. Comes with a cover so you can do everything in the cover. Alright, or you can do it on the board, whatever you like. So easy, one finger, if I can do it with one finger you guys can do it with your whole hand. Kids can do it. You know what they charge at the ice cream store? A dollar for toppings at the ice cream store. Add a couple cookies if you want. So, you can make it for 10 cents. Stop throwing your money away. You know not only nuts what about fruit? Put a mango, look at that isn’t that beautiful on your ice cream.
This means absolutely nothing
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.