/biz/ - Business & Finance

>>26818448
The shorts on GME deserved to lose their shit. You cannot expect a good outcome when the short interest on a stock has been over 100% float for almost a year despite an arguably undervalued price. The plebbitors and cryptoschizos pivoting into /smg/ and going all in on GME at $300+ also deserve what's coming to them. In my opinion, GME is an excellent value play at $4-$6, I think it's rather fairly valued at $15-$20. I would caution anyone buying at $30. I would begin to laugh at anyone buying at $60. I would start to look up mental institutions for anyone buying at $100+.

Despite that, markets need to be allowed to let people speculate. Somewhere in the last 20 years with the Dot Com bubble and the housing crisis and now the meme bubble, we've forgotten that speculation is an extremely important function in the markets. It's a means to transfer risk, and it provides liquidity where there would otherwise not be any. If a drive thru worker in Indiana makes $500k off of GME calls, all the more power to them. If he instead loses all of his savings, sad to see but if you play big boy games then you need to accept big boy consequences. The purpose of the SEC isn't to line the walls with pillows so retards (either at the retail or institutional level) don't get hurt, it's to ensure that the game is fair. The shorts knew the risks and decided to bet anyways, now they need to accept the consequences. Same goes for whoever the fuck is buying shares at $300+. If we remove the necessity to accept consequences, there's no integrity left in the system and why play the game at all when your opponent is just going to cry to the referee until the rules are changed?

Russia edition

>Brokers
https://pastebin.com/F1yujtVq

>Terminology
https://pastebin.com/VtnpN5iJ

>Risk Management
https://pastebin.com/sqJUcbjp

>Live Business TV Streams
http://www.livenewson.com/american/bloomberg-television-business.html
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/

>Educational Sites
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain/core-finance

>Charts/Live Data
http://www.tradingview.com
https://www.finscreener.com/
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/

>Screeners
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Boomer Investing
https://www.bogleheads.org/wiki/Getting_started

>Suggested books
https://pastebin.com/jgA5zTuC

>Misc
https://squeezemetrics.com/monitor
https://www.dividendchannel.com/drip-returns-calculator/
https://www.koyfin.com/
https://wallmine.com/
https://market24hclock.com/

>Weekly /smg/ update
https://www.youtube.com/channel/UCC1wEHL3HUKmHBSTaHG2Bpw

Previous >>25516534

>>25481116
Here you go bro, stop using that 200x250 resolution.