[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 πŸš€πŸš€πŸš€
January 2021

WallStreetBets

https://www.reddit.com/r/wallstreetbets/comments/l4syrd/gme_megathread_part_2/gkqn4uc
I used to be a real ad
More WallStreetBets Copypastas

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.
February 2021

WallStreetBets

Team Bull vs Team Bear

Team Bull Jerome "We print it digitally" Powell Elon "TSLA stonk too low imo" Musk Nancy "Stimulus talks going well" Pelosi Donny "Stop the count" Mango Janet "Unlimited QE bitch" Yellen Lisa "Su Bae" Su Ryan "Make Gamestop great again" Cohen ------------------------------------------------------------------------ VS ------------------------------------------------------------------------ Team Bear Jeff "No stock split to keep the poors out" Bezos Mitch "Stimulus talks not going well" Mcconnell Steven "Discontinue the PPP" Mnuchin Andrew "PlTr PrIcE tArGeT $10" Left Tim "Don't call me by my slave name" Apple Michael "I'm publicly shorting TSLA" Burry Warren "I fought in the Civil War" Buffet Which team will win? Team Bull or Team Bear? Load up on weeklies for a ticket to the pay per view hell in the cell match. ------------------------------------------------------------------------ Special Guests: That one JPM analyst with TSLA 90p 12/18 Life savings SPCE calls guy Jim "FUCK ROBINHOOD" Cramer
December 2020

WallStreetBets

So I’m an AMC shareholder

So I’m an AMC shareholder, which means I own some of the business. Because the stock kept getting halted today I decided to go to my local AMC and support the stock by buying some concessions. I went up to the stand and told the casher (his nametag said Melvin) that I was a shareholder and wanted to support the business. He looked excited and told me to close my eyes and hold out my hand for a surprise shareholder treat. I can’t believe it, but he just covered my hands in liquid butter! Now I’m typing this at home and cant get it off my hands, and my keyboard is all greasy typing this, What do I do?
January 2021

WallStreetBets

What the fuck did you just fucking say about OTM FDs

What the fuck did you just fucking say about OTM FDs, you little bitch? I'll have you know I graduated bottom of my class in the Special Needs Division of the Navy Seals, and I've been bag holding from pump n' dumps on WSB since 2012, AND I have over 300 confirmed margin calls. I am trained in the 'tism and I'm the top retard in the entire United States armed forces. You are nothing to me but just another normie retail investor. I will wipe out my portfolio with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit about OTM FDs over the Internet? Think again, fuckface. As we speak I am contacting my wife's network of boyfriends across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your portfolio. Your fucking 401k is dead, kid. I can trade anywhere, anytime, and I can lose fat stacks over seven hundred ways, and that's just with TSLA FDs. Not only am I extensively trained in sniffing glue, but I have access to the entire crayon collection of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass boomer stocks off the face of the continent, you little shit. If only you could have known what unholy retribution your little "clever" comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn't, you didn't, and now you're paying the price, you goddamn idiot. I will shit crayon diarrhea all over you, the likes of which would make even Jackson Pollock jealous, and you will drown in it. You're fucking done, kiddo.
September 2021

WallStreetBets

Navy Seal

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. πŸ‘–πŸš€πŸ‘–πŸš€πŸ‘–πŸš€
December 2021

WallStreetBets

Reddit

More WallStreetBets Copypastas
Text-to-Speech Playing