Wall Street Bets

Strip Club Nation

Thursday, January 28, 2021 6:43 AM

Has anyone been making money off the short squeeze? It has been easy money so far if you know what you are doing. I made thousands in the last few days. Fuck the hedge funds.

25 comments

Tetradon
•
3 years ago
I'm pretty good at judging value, but I don't have the stomach to make these kinds of momentum and sentiment plays. For every one who makes money on that shit, there are dozens who "contribute to market liquidity."
skibum609
•
3 years ago
At 63 with the country's future looking like a fast track to being a shithole country, my only concern is preservation. I have enough and no longer have interest in investing.
TFP
•
3 years ago
I'm just sitting on the sidelines watching. It's a crazy thing to see though. Yesterday they stopped trading on AMC twice because of the situation going on. Crazy stuff. We made fun of juice for going all in on hertz. But suppose now they become a target of the redditors the same way Gamestop and AMC did? Juice would have the last laugh if he played his cards right.
twentyfive
•
3 years ago
Fellas that approach the market like a casino need to remember the house always has the edge, OTH discipline and patience are always winners
Tetradon
•
3 years ago
@25, I used to work in that world, and you don't know how true that is. The big banks and hedge funds have an army of industry analysts; trained traders and even worse, algorithms, who can exploit inefficiencies in milliseconds; and enough clout to influence the whole ecosystem. I've seen hedge funds pay journalists to write hit pieces on a stock and company insiders leak information to the street. Retail investors see events like GME and feel their oats. 0.1% of them (i.e. Juice) make money, 99.9% of them lose their ass.
twentyfive
•
3 years ago
^ the big thing is always being in control of what you’re doing, the events of the last few days were nothing just a blip, I have been invested in this market over 30 years, it’s been up, it’s been down but those are only short term trends, over the long haul it’s always up and and that holds true throughout history
sinclair
•
3 years ago
Andrew Left and Gabe Plotkin lost billions shorting Gamestop. A couple of hedge fundclowns who deserved what they got. The real losers are the pensions and institutions who are going to see a big quarterly loss on their investment. I will enjoy spending their money on booze, guns, and strippers. 🤑🤑🤑🤑
MackTruck
•
3 years ago
I bet on da shitcoinz
gammanu95
•
3 years ago
The firms which barred trading should be made criminally and civilly liable.
JamesSD
•
3 years ago
I'm kicking myself for not getting in when I first heard about it a week ago. I'm munching popcorn and enjoying the insanity.
shailynn
•
3 years ago
Stats: GME $42.59 / 01-22-21 11:00AM $372.41 / 01-27-21 11:00AM $469.42 / 01-28-21 10:00AM $193.60 / 01-28-21 4:00PM Was late to the party on this one, so I watched from the sidelines. After this incident there has been a tremendous interest in r/wallstreetbets on Reddit. The sub is invite only now. I've followed it for years mainly for entertainment. Until this incident the only thing they ever talked about was Tesla stock. This will happen again, several more times. People love to gamble and nowadays it is so much more accessible to people. In the long run, bad shit is going to happen to average people that don't know what they're doing, and people will kill themselves over the losses. Eh what else is new... I've seen people on there make several hundred thousand dollars in a week and I've seen others lose 50K in a matter of minutes.
sinclair
•
3 years ago
Almost every trading platform in the United States suspended trading on GME and other heavily traded stocks yesterday. Many lawsuits have already been filed against Robinhood, which was seen as manipulating the market to help the hedge funds drive GME, AMC, NOK, BB, and other shorted stocks down, so that they could cover their positions. GME got as low as 112.25 yesterday, but international traders not banned from trading GME came to the rescue and propped it back up. When this thing started, it was mainly Americans trading, but now Canadians, Europeans, and Asians have all jumped in. Wall Street Bets is now up to 6 million members with fresh money pouring in every day. Citadel and Point72 are going to get fucked so hard with a razor wire dildo. The chickens have come home to roost. These billionaires made huge profits during the financial crises while the rest of us were lucky to get by on the McDonald's Dollar Menu and Ramen noodles, yet now the hedge fund Jews are on CNBC every day playing the victim card. When they naked shorted GameStop, they never cared about putting the 53,000 people who work at GameStop out of a job. Maybe this short squeeze will force them to and sell their summer homes in the Hamptons and fly commercial. The Harvard Business School cucks who think they are smarter than everyone else will think twice next time they are superior to the peasants who have to work at Walmart and Wendy's to make a living.
sinclair
•
3 years ago
*Maybe this short squeeze will force them to sell their summer homes in the Hamptons and fly commercial. The Harvard Business School cucks who think they are smarter than everyone else will think twice next time they want to mock the peasants who have to work at Walmart and Wendy's to make a living.
twentyfive
•
3 years ago
^ So exactly what are hedge fund Jews ?
sinclair
•
3 years ago
twentyfive, go downvote everyone with you Jonathan999 alias.
twentyfive
•
3 years ago
Go fuck your self you bigoted motherfucker
sinclair
•
3 years ago
Go fuck yourself, you fucking troll. And stop copying and pasting reviews from Yelp, you lazy piece of shit.
twentyfive
•
3 years ago
^ A troll, more likely you're a fucking moron. I haven't posted a review since before February, I have no alias's I gave you the benefit of the doubt, by asking "what is a hedge fund Jew" instead you double down, so now we know exactly where you stand you bigoted POS.
skibum609
•
3 years ago
Hedge fund jews? hey Sinclair get Covid-19 and suffocate you fucking piece of shit.
Dave_Anderson
•
3 years ago
While I don't support anti-Semitism, it does seem like a disproportionate amount of these hedge fund bigwigs are liberal Jews. I don't support pointing that out as its not relevant to anything but its really no different to notice than if they were disproportionately conservative Mormons or something. People would notice out of curiosity. Again I'm not defending the poster's comment and I do consider it was probably anti-Semitic which I find childish and stupid, but if the poster had said the white male hedge fund guys nobody would be angry.
nicespice
•
3 years ago
One thing that is especially great about this, this is the first major event in a long while that I know of where both left-wingers and right-wingers are showing support😊
gotoguy
•
3 years ago
Myself, I made and lost millions in the last year, though no complaints on my balance. I did sell lots last week since I anticipated the market sell off. I'm going to wait till it goes down and bit more and then try and buy in on the dip. COVID is going to keep the market down since its exploding and the vaccine won't be ready on time in most of the world (including the USA). So the bottom will probably be end of February. I've never made money shorting or with options. I could buy a couple Teslas with what I lost shorting Tesla -- though if I could have stomached it I'd now be quite weathy and its just starting down. I've decided to stop betting against Tony Stark (alias Musk). I'm guessing that cryptos could have another bump -- people moving out of stocks into what is a "better gold/bond". Good luck to you all
Uprightcitizen
•
3 years ago
I am just sitting long and strong...BTC has been a nice bump. I invest in the market and gamble in the casino...better odds.
Uprightcitizen
•
3 years ago
In the long run markets reward reasonably smart steady plays. In the short run smart players extract from dumb players.
FTS
•
3 years ago
Bitcoin is where the real money is at. It's been sitting in plain view for over a decade, now. Michael Saylor, the CEO that bought $1 billion worth of Bitcoin last year, is holding a "Bitcoin for corporations" conference next week, and he's gone on record on CNBC saying that 1000s of CEO, CFOs, CIOs etc. have signed up to attend. If they all decide to copy Microstrategy's strategy.... watch out! Bitcoin will explode. Michael Saylor's analogy is correct: all you people saving your money in fiat, or fiat denominated assets, are living in a world that is made inhospitable by the central banks. Since adopting the Bitcoin standard, I'm basically twice as "wealthy" as measured in USD. "Oh, but, but, we NEED to print money, to ummm... save the banks when they fail due to their own irresponsibility! How can we live without the negligent, corrupt bankers?!"

Start a Discussion