[Copypasta] 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 🚀🚀🚀
January 2021

WallStreetBets

https://www.reddit.com/r/wallstreetbets/comments/l4syrd/gme_megathread_part_2/gkqn4uc
I used to be a real 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.
January 2021

Classic

WallStreetBets

Daily WSB trader routine

1. Wake up 2. Check memfolio, buy more PLTR calls 3. Shit while looking at charts, don’t wipe 4. Fomo and buy the top 5. Watch stock Plummet 6. Sell, watch stock go up 7. Go to WSB and downvote everything 8. Jerk off, nut, realize how empty you are 9. Stare at futures for 3 hours 10. Sleep & repeat
December 2020

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.
April 2021

WallStreetBets

Man i love bull markets

Man i love bull markets. Tried to type in the ticker for MAXN yesterday to buy some but MAGN came up instead. Didn't know wtf it was but I was too lazy to redo my search so I bought that instead and it started mooning.
December 2020

WallStreetBets

MSFT Infinite Money Glitch 🚀🚀🚀

Disclaimer: I am not a financial or investment advisor. Before this subreddit was ruined by ten million people, solid DD used to get done. Do you ever find yourself reminiscing about the good ‘ol WSB days? Well, your prayers have been answered. Degenerates gather around, as I am bringing you a once-in-a-lifetime opportunity to make some serious $MSFT tendies 🚀 Today, Bill Gates announced that after twenty-seven years of marriage, he will be divorcing. Do you know what this means? Bill is single and ready to mingle. Step 1: Use Wife’s Tinder Account Step 2: Match with Bill Gates Step 3: Wife goes on date with Bill, they fall in love, he proposes, no pre-nup Step 4: Wife marries Bill and becomes $MSFT royalty Step 5: Continue to date wife Step 6: Cash out 🚀🚀🚀 For those too retarded to read: https://preview.redd.it/tts3psz5q0x61.jpg?width=1125&format=pjpg&auto=webp&s=5f68092ae47d414627c6dee8a0c4afd6808bcc57 Congratulations. You are now your own wife’s boyfriend.
May 2021

WallStreetBets

Classic

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