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Re: Stocks

Postby Sammy Sofa » Thu Jan 28, 2021 11:36 pm

jersey cubs fan wrote:
Sammy Sofa wrote:What I've learned today is that Elon Musk trending on Twitter involves the most grotesque displays of butt-licking, sweaty thirstiness I've ever seen. Jesus horsefeathering Christ.

Image


Fair; I meant beyond the usual, "ZOMG, ELON IS SO SMART AND RICH AND COOL, YOU'RE JUST JEALOUS" horsefeathers. This was just an endless parade of flat out begging for him to like their tweets, mention their dumb ass cryptocurrency, and just general bouts of "look at me, daddy!" I knew it was bad and creepy, but not THAT bad and creepy.

Like, this is less they want him to be their billionaire best friend and more they want to be his weird human pet.
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Re: Stocks

Postby Sammy Sofa » Thu Jan 28, 2021 11:37 pm

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Re: Stocks

Postby NonProfitCow » Thu Jan 28, 2021 11:39 pm

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Re: Stocks

Postby Ding Dong Johnson » Thu Jan 28, 2021 11:42 pm

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Re: Stocks

Postby Cubswin11 » Fri Jan 29, 2021 12:25 am

Sammy Sofa wrote:
jersey cubs fan wrote:
Sammy Sofa wrote:What I've learned today is that Elon Musk trending on Twitter involves the most grotesque displays of butt-licking, sweaty thirstiness I've ever seen. Jesus horsefeathering Christ.

Image


Fair; I meant beyond the usual, "ZOMG, ELON IS SO SMART AND RICH AND COOL, YOU'RE JUST JEALOUS" horsefeathers. This was just an endless parade of flat out begging for him to like their tweets, mention their dumb ass cryptocurrency, and just general bouts of "look at me, daddy!" I knew it was bad and creepy, but not THAT bad and creepy.

Like, this is less they want him to be their billionaire best friend and more they want to be his weird human pet.
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Re: Stocks

Postby Sammy Sofa » Fri Jan 29, 2021 12:31 am

Cubswin11 wrote:
Sammy Sofa wrote:
jersey cubs fan wrote:Image


Fair; I meant beyond the usual, "ZOMG, ELON IS SO SMART AND RICH AND COOL, YOU'RE JUST JEALOUS" horsefeathers. This was just an endless parade of flat out begging for him to like their tweets, mention their dumb ass cryptocurrency, and just general bouts of "look at me, daddy!" I knew it was bad and creepy, but not THAT bad and creepy.

Like, this is less they want him to be their billionaire best friend and more they want to be his weird human pet.


Yeah, I thought it was still just at that already disturbing level.
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Re: Stocks

Postby WrigleyField 22 » Fri Jan 29, 2021 12:56 am

I was unsure who to side with, but Ja Rule is on the redditors side, so I've decided who's side I'm on now.

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Re: RE: Re: Stocks

Postby We Got The Whole 9 » Fri Jan 29, 2021 3:11 am

Ding Dong Johnson wrote:
I once rang up a customer with a total of 69.69. We near-simultaneously said "nice", of course.

Anyway at 2:10 the stock peaked at $492
At 2:15 it was $234

Gotta love the market
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Re: Stocks

Postby Sammy Sofa » Fri Jan 29, 2021 3:17 am

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Re: Stocks

Postby Cubswin11 » Fri Jan 29, 2021 3:43 am

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Re: Stocks

Postby Cubswin11 » Fri Jan 29, 2021 4:33 am

I think these two threads are a pretty good explainer of what actually happened vs any sort of grand conspiracy theory pulled off by the hedge funds and institutions (though I’m not totally sold there weren’t shenanigans to some degree).



Last edited by Cubswin11 on Fri Jan 29, 2021 5:41 am, edited 1 time in total.
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Re: Stocks

Postby big ball chunky time » Fri Jan 29, 2021 4:56 am

oh my god of all the horsefeathering horsefeathers going on in the world, every group text i'm a part of has been nothing but gamestop robinhood horsefeathers lately. I had a horsefeathers up day wednesday and picked up my phone after work and picking up the kids and making dinner and had like 800 texts and it was all about this horsefeathers. i asked one group chat "what's it mean to short a stock" and no one knew. good horsefeathering god.
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Re: Stocks

Postby The Logan » Fri Jan 29, 2021 5:33 am

I wound up taking my $25 in fun money RH wouldn't let me put into Nokia and put it into Dogecoin at various points throughout the day instead, so thanks, Robinhood!
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Re: Stocks

Postby JudasIscariotTheBird » Fri Jan 29, 2021 7:28 am

big ball chunky time wrote:oh my god of all the horsefeathering horsefeathers going on in the world, every group text i'm a part of has been nothing but gamestop robinhood horsefeathers lately. I had a horsefeathers up day wednesday and picked up my phone after work and picking up the kids and making dinner and had like 800 texts and it was all about this horsefeathers. i asked one group chat "what's it mean to short a stock" and no one knew. good horsefeathering god.

Myself and a circle of high school/ college friends have hosted a zoom trivia night every week for the past three months. One brother of a wife of the established friends has been pulling a lot of very, very, very suspicious late answers out of his behind for the past month, and this evening I got fed up and called him out on it in front of everyone, because it was well past suspicious at this point. He didn't even really put up a protest, and sulked like a sad puppy, and his sister and brother in law shamed me via text, and made me feel bad because they are actually nice people, and I had to appologize and agree with him on all of the libertarian-orthodox, gamestop- antecedent takes he had for nearly an hour after everyone else went to bed. I'm an aggrieved white male and I need to vomit.
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Re: Stocks

Postby seanimal » Fri Jan 29, 2021 1:26 pm

no quarter for trivia cheats
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Re: Stocks

Postby WrigleyField 22 » Fri Jan 29, 2021 1:43 pm

Cubswin11 wrote:I think these two threads are a pretty good explainer of what actually happened vs any sort of grand conspiracy theory pulled off by the hedge funds and institutions (though I’m not totally sold there weren’t shenanigans to some degree).




Thanks for posting.

I guess I'm still trying to understand the credit risk aspect of this all.
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Re: Stocks

Postby WrigleyField 22 » Fri Jan 29, 2021 2:38 pm

Specifically this part:


So in between cash and settlement day your broker actually has to post the cash difference on price movement? And presumably the broker on the opposite side does the same? I'd have though they're just effectively exchanging the shares and the only cash posted is between each ending counterparty of the trade. I'm struggling to understand the brokers taking in that movement in the +2 settlement time frame.
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Re: Stocks

Postby WrigleyField 22 » Fri Jan 29, 2021 3:01 pm

In other good news, I just exited at $112.11 gain from yesterday. Just shy of a 50% return in about 20 hours. Hope it doesn't actually get to the moon- will have left a lot more on the table. Sorry not sorry I didn't hold the line redditors.

Gambling is fun.
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Re: Stocks

Postby The Logan » Fri Jan 29, 2021 3:05 pm

Man, RH is really jumping through hoops trying to stop people from investing in anything Redditors want to invest in while sounding like they are trying to help you
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Re: Stocks

Postby abuck1220 » Fri Jan 29, 2021 4:12 pm

you know RH's explanation for this is bull horsefeathers because they would absolutely not stop users from buying some red hot IPO that jumps 100% on its first day.
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Re: Stocks

Postby The Logan » Fri Jan 29, 2021 4:19 pm

abuck1220 wrote:you know RH's explanation for this is bull horsefeathers because they would absolutely not stop users from buying some red hot IPO that jumps 100% on its first day.


The fact they're limiting crypto purchases makes no sense either. There's no big daddy hedge fund backing crypto to bankrupt by surge buying it so limiting the purchases is a ridiculous endeavor. RH isn't allowing instant funds to be used to buy crypto. They say signing up for gold will circumvent that, but my buddy did that and they still won't let him buy it. You need to have funds confirmed in your account which takes up to 2 days before allowing those purchases. They're deliberately trying to stop Redditors from making money off of horsefeathering DOGECOIN. Like who is that hurting? They literally are trying to prevent poor people from making money, it's pathetic.

To make matters worse for me, personally, I'm trying to sign up for a variety of other sites, but either a) they don't sell DOGECOIN or b) PNC bank will not link up with those services for some horsefeathering reason so the only way I can use them is by opening an entirely new bank account elsewhere.

I realize DOGECOIN is such a silly little thing, but there's a legit push to get it to $1 which would make a lot of people good money, and there's even a push to hold and get it to $10 which would change people's lives. The $47 I put into it thus far would net me $1250 if it got to $1. And RH is trying to prevent things like that from happening and I'm horsefeathering stuck on there because no other site will connect to my bank account
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Re: Stocks

Postby Old Style » Fri Jan 29, 2021 4:25 pm

I haven't read much on this GameStop story but isn't what happened very similar to the end of Trading Places?
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Re: Stocks

Postby We Got The Whole 9 » Fri Jan 29, 2021 4:53 pm

Friend of mine has been holding 10000 shares of DOGE for months. He basically bought it as a "you never know" whim/joke. Its not much but I'm happy to see him make some money. That horsefeathers was completely stagnant.
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Re: Stocks

Postby The Logan » Fri Jan 29, 2021 5:02 pm

We Got The Whole 9 wrote:Friend of mine has been holding 10000 shares of DOGE for months. He basically bought it as a "you never know" whim/joke. Its not much but I'm happy to see him make some money. That horsefeathers was completely stagnant.


I would just be thrilled if it hit $1 and then we had to bail because that effectively is money I can use towards the downpayment of a car I desperately need at this point.

But I love the enthusiasm surrounding it. It's legit blowing up right now on social media, but people are handicapped from buying it so it's just kind of in a holding pattern at the moment. If you bought $10 of it right now and it did reach $1 you'd make like $190.
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Re: RE: Re: Stocks

Postby We Got The Whole 9 » Fri Jan 29, 2021 5:20 pm

The Logan wrote:
We Got The Whole 9 wrote:Friend of mine has been holding 10000 shares of DOGE for months. He basically bought it as a "you never know" whim/joke. Its not much but I'm happy to see him make some money. That horsefeathers was completely stagnant.


I would just be thrilled if it hit $1 and then we had to bail because that effectively is money I can use towards the downpayment of a car I desperately need at this point.

But I love the enthusiasm surrounding it. It's legit blowing up right now on social media, but people are handicapped from buying it so it's just kind of in a holding pattern at the moment. If you bought $10 of it right now and it did reach $1 you'd make like $190.
Its pretty crazy seeing this thing hit a nickel. It was fractions of a penny forever.

I had to pull my money out of the market because I had knee surgery and needed to compensate for the loss in income being that I'm on short term disability. So I checked out mentally and stopped watching the market. Its crazy how obsessed I had become. It certainly can become an addiction. I was checking my phone so much it was affecting my marriage. Anyway I just went and looked at some tickers for the first time in a while and with the news of Novavax vaccine update I wanted to see where its at. That thing was $7 back in the beginning of March. Unreal.
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