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.
Robinhood halts trading on President's Day
This is bullshit. I’m disgusted and I’m honestly on the verge of having a mental fucking breakdown. Robinhood has once again halted trading. But this time it’s halted on all stocks. This fine Monday morning I wake up to find that all orders aren’t going to be filled till tomorrow morning. My dad’s wife’s girlfriend is a powerful lawyer in Boca Raton and I’m seriously considering retaining her services and filing a class action lawsuit against these citadel dick munchers. This has happened to me too many times. I’m low key spiraling into madness. Donate to me on onlyfans if you want to contribute towards the legal fees. She’s giving me a pretty kickass discount, but she estimates it’s still going to cost $150k. This happens to be the amount I lost on gme, but this is not relevant to the conversation here. It’s time to rise up and take down robinhood once and for all.
Also, yeah my stepmom has a girlfriend. It’s 2021 you bigots.
This is bullshit. I’m disgusted and I’m honestly on the verge of having a mental fucking breakdown. Robinhood has once again halted trading. But this time it’s halted on all stocks. This fine Monday morning I wake up to find that all orders aren’t going to be filled till tomorrow morning. My dad’s wife’s girlfriend is a powerful lawyer in Boca Raton and I’m seriously considering retaining her services and filing a class action lawsuit against these citadel dick munchers. This has happened to me too many times. I’m low key spiraling into madness. Donate to me on onlyfans if you want to contribute towards the legal fees. She’s giving me a pretty kickass discount, but she estimates it’s still going to cost $150k. This happens to be the amount I lost on gme, but this is not relevant to the conversation here. It’s time to rise up and take down robinhood once and for all.
Also, yeah my stepmom has a girlfriend. It’s 2021 you bigots.
You toss and turn as Elon gently rubs your shoulders
You toss and turn as Elon gently rubs your shoulders. "You seem a little tense" says Elon, as you look at your bank account. Your phone shows $107 left to your name. You think to yourself while Elon rubs you down, you pull open Robin Hood, type in TSLA. Leaps $900 JAN 2023' are only $1 you can afford 1 leap. This is finally your chance to get rich, you'll be able to actually buy a Tesla. You ask Elon what the next Tesla will be. He says "U, for 'you'" as he smiles sweetly. You picture him dancing on stage explaining U S3XY to everyone multiple times as you smile back at him.
All of a sudden Elon flips on the TV to CNBC to catch the tail end of Jim Cramer, you see a new law has been passed, "we believe options have inflated the markets into a bubble, we will be imposing a new rule next week only allowing accounts that qualify for day trades to also purchase options with a $25,000 barrier to entry."
You start weeping aloud, you feel a caring hand wipe your tear away, it's Elon again, "what's wrong my little X'√π3?"
Suddenly you wake, you're in a pool of sweat, at first you panic about the new options policy, then you're filled with relief realizing that options aren't restricted it was all a dream.
You realize this was actually a vision to earn 200,000% gains to buy a TSLA leap. You log into RH, it welcomes you with your $107 balance, you plug in TSLA yolo 2023 @ $900 and realize the options are actually $20 each. The best you can do is $900 TSLA weekly expiring around Christmas.
In a slight fit of despair you try to remember the feeling of Elon rubbing your cheek, and rub one out onto your stomach, then roll over back to sleep. A single tear rolls from your eye into your waifu pillow.
YOLO you whisper.
You toss and turn as Elon gently rubs your shoulders. "You seem a little tense" says Elon, as you look at your bank account. Your phone shows $107 left to your name. You think to yourself while Elon rubs you down, you pull open Robin Hood, type in TSLA. Leaps $900 JAN 2023' are only $1 you can afford 1 leap. This is finally your chance to get rich, you'll be able to actually buy a Tesla. You ask Elon what the next Tesla will be. He says "U, for 'you'" as he smiles sweetly. You picture him dancing on stage explaining U S3XY to everyone multiple times as you smile back at him.
All of a sudden Elon flips on the TV to CNBC to catch the tail end of Jim Cramer, you see a new law has been passed, "we believe options have inflated the markets into a bubble, we will be imposing a new rule next week only allowing accounts that qualify for day trades to also purchase options with a $25,000 barrier to entry."
You start weeping aloud, you feel a caring hand wipe your tear away, it's Elon again, "what's wrong my little X'√π3?"
Suddenly you wake, you're in a pool of sweat, at first you panic about the new options policy, then you're filled with relief realizing that options aren't restricted it was all a dream.
You realize this was actually a vision to earn 200,000% gains to buy a TSLA leap. You log into RH, it welcomes you with your $107 balance, you plug in TSLA yolo 2023 @ $900 and realize the options are actually $20 each. The best you can do is $900 TSLA weekly expiring around Christmas.
In a slight fit of despair you try to remember the feeling of Elon rubbing your cheek, and rub one out onto your stomach, then roll over back to sleep. A single tear rolls from your eye into your waifu pillow.
YOLO you whisper.
Cathie Wood owns 100% of palantir and 110% of Tesla
December 2021. Cathie Wood owns 100% of palantir and 110% of Tesla (Elon Musk invented a more efficient form of security). ARK ETFs are trading at minimum $1,000 a share and investors are signing 10-year pledges just for the privilege. I log on to my Tesla taxi app and order a car. A vintage Roadster pulls up with EDM playing at a tasteful volume.
"Where to, King?" asks the anime girl on the console. "You know where", I reply. Palantir knows.
We both laugh and the car takes off to Wendys.
December 2021. Cathie Wood owns 100% of palantir and 110% of Tesla (Elon Musk invented a more efficient form of security). ARK ETFs are trading at minimum $1,000 a share and investors are signing 10-year pledges just for the privilege. I log on to my Tesla taxi app and order a car. A vintage Roadster pulls up with EDM playing at a tasteful volume.
"Where to, King?" asks the anime girl on the console. "You know where", I reply. Palantir knows.
We both laugh and the car takes off to Wendys.
Hello gentleman, I have suffered a loss of 69K
Hello gentleman, I regretfully wish to share with you all that I shant comment on this Internet forum henceforth. As of the time of my arrival in this past autumn, I have suffered a loss of 69K. By the blessing of Lady Luck, I am still experiencing a positive net balance of 420%, so I have come to the conclusion I must liquidate my insignificant phallus account. I shall use this fortune for procuring a vaginal enlargement and acquire tremendous breasts for my OnlyAristocracy parchment. Or I may be devilish and maintain an investment position in TournamentCease. I am short of hours of leisure in life, training dogs to consume peanut butter from the reaches of my posterior and can not bare the rapid change of value of my investment holdings of 40 point 7 grand. I am aware that you, my peers of this financial derivatives Internet forum are filled with ecstasy to become privy to this, so copulate with yourself, I desire you all to be ablaze in nonheteronormative ursine hell in tandem with Sadam.
Hello gentleman, I regretfully wish to share with you all that I shant comment on this Internet forum henceforth. As of the time of my arrival in this past autumn, I have suffered a loss of 69K. By the blessing of Lady Luck, I am still experiencing a positive net balance of 420%, so I have come to the conclusion I must liquidate my insignificant phallus account. I shall use this fortune for procuring a vaginal enlargement and acquire tremendous breasts for my OnlyAristocracy parchment. Or I may be devilish and maintain an investment position in TournamentCease. I am short of hours of leisure in life, training dogs to consume peanut butter from the reaches of my posterior and can not bare the rapid change of value of my investment holdings of 40 point 7 grand. I am aware that you, my peers of this financial derivatives Internet forum are filled with ecstasy to become privy to this, so copulate with yourself, I desire you all to be ablaze in nonheteronormative ursine hell in tandem with Sadam.