/biz/ - Business & Finance

>>26765818
Like fuck. A dude turned 53k into 48mil

>>26765818
I'm guessing I long this shit, right?

Nakd more worthwhile than GME. Max profit you're gonna get off of GME now is 2x but Nakd is gonna skyrocket tomorrow potentially 100x profit.

disclaimer: This is the rambling of an online autist this shit is literally gambling take everything on this board and r/WSB with a grain of salt.

>>26766053
Like it seems they are manipulating prices and is nowhere near over

>>26765928
he did that by getting in a year ago when it was like fifty cents per share

>>26766166
Are they going to manipulate Nakd next? Inthought they were solely focusing on GME for the time being

>>26766263
Ah.. I see. I thought he did it in a few days and was getting exponential gains through option trading it and having wsb help manipulate prices

In my opinion but tomorrow morning. The boomers are going to finally being buying tomorrow because the tv told them to. Short sellers have to pay back on Friday so you can sell for big profits at that point. Then you turn around and out the money into nokia or blackberry.

>>26766274
for the time being yes but Nakd is probably next and it's stock is worth near fucking nothing at the moment. Once again take what i'm saying with a grain of salt just a random autist not a stock broker

>>26766488
Wait did wsb reddit make a post about nakd? Tbh I'll just follow wherever their meme energy points

>>26766615
Nakd started at .35 today and ended the day at 1.38. If you had invested when the market opened on Nakd you would've made 5x whatever you invested. And that's not to mention the after market, up to $3.25. I think the potential of it is very high and the reddit tards have been posting about it so i bet it'll skyrocket in the coming days for insane profit. I dropped 1k on it personally and am up to 2k profit. Do with that what you will.

>>26766274
It won’t work again, hedges will dump their shorts at the first sign of a rally on nok, amc etc.

How do we know how many shorts are left? I’m retarded thanks

>>26766972
Convinced. I'm going in

>>26766374
From a few days ago you're looking at a 10x or so. Pretty fucking good for stonks tho.

>>26767000
i'm not in this to disrupt the dirty top 1% goyms lmao i'm just profiting off of what these autist are doing for easy money. In the end it's gonna be bad for the majority of retards who drop loads on GME because it's gonna shit out soon. At the end of the day you're not really "sticking it to those crusty jewish cunts" because they'll just make their money back in a week and you'll be out of money you can always invest smartly.

>>26765818
learn faggot: https://m.youtube.com/watch?v=Qi5hTqQFhuA&t=4s

>>26767416
Retard meme energy is a powerful force

question for anons here.
Lets say i make a robinhood account
>if my stock goes to neg do i need to pay someone money like payy 100 next week need to pay someone 100000
>is robinhood safe to post my ssn
i kinda wanna get into this for funs but am scared cause i don't wanna end up doing something dumb

>>26767186
this, same question

>>26767862
>no
>yes

>>26767862
stocks don't go neg. What happens is you invest your money when a stock is at a certain price. So let's say 4chan is a $5 stock and you buy 1/2 of a 4chan stock for a overall value of $2.50, If 4chan stock goes double it's original value you purchased it at, so $10, you'll double your profit, so you'll have $5 as compared to your 2.50 worth you bought. Same way but when it drops, if the stock were to fall half of it's original value you bought it at, so $2.50, then the $2.50 worth you bought would be cut in half. so $1.25. It's a very simple system.

>>26767478
You mean for NAKD, right? Like it will probably go to 20 dollars?

>>26768582
ok i think i get it somewhat.
Question: How do i avoid owing people money. do i do cash account where i just buy it with cash

i am new to this

>>26767000
yeah the reason why GME will blow up is because they will not back down on it

>>26768772
you won't owe people money. If you invest you'll always get something back when you sell it can just be profitable or you'll lose some of what you put in.

>>26767822
weaponized autism should never be underestimated.

>>26766396
Friday what time?
Markets open in like 11 hours?

>>26768732
$100 and counting!
https://www.youtube.com/watch?v=DOEdWXoBkHE

>>26765818
anon do yourself a favour and stay away from me, buy CLF instead

>>26768772
There may be minimal brokerage fees associated with trading and you'll owe Uncle Sam his taxes when you sell. But you'll be setting aside some of your earnings for that.

Or you could also go down to your local casino and throw your money on the table at this point.

>>26766396
So basically buy tomorrow asap and sell friday... then rebuy?

huh... you can't lose more than what you invest with margin trading on crypto, but I guess you can with stocks.. I might just buy and hodl nakd instead of playing with margin

holy fuck im trying to sign up with Etoro to buy this shit but the KYC section is making me KMS

>>26767862
You don’t owe it’s just infinitely worth less. What you’re worried about is selling options. Don’t do that.

Melvin Capital just went 130% full retard

>>26765818
You don't know shit about crpyto either. You're just a literal faggot hopping to hop the newest shill. Kys now or do it later when you've lost all your money.

>>26771286
what'd they do? Was out playing Hockey.

if you aren't already in, just wait for Friday
people will dump on Friday and you'll know if the gravy train is over or if it's just a dip based on how fast the price drops

>>26771478
I have over a bitcoin, you stupid retard. Get the FUCK out of my thread, trannie

>>26768772
dont trade options and dont buy on margin which is using the brokerages money
then you wont owe anything

stay in crypto, this isn't going to last forever...the system does not like losing.

>>26765928
he's the king of this rocket tho, started the whole thing pretty much

>>26766166
>NAKD
You’re a week late for this

>>26766396
literally this. we havent even seen the squeeze yet. and this shit literally JUST WENT NATIONAL on MSM. it was on fox, cnn, bloomberg, literally every channel. you are going to see a fucking wave of new buyers tomorrow

and the squeeze hasnt even started. i literally bought 10 more shares today at $350 and not evne worried

>>26771969

Woah, look at this guy over here. ONE bitcoin.

>>26767186
>>26767888
https://finviz.com/quote.ashx?t=GME

Shs Outstand 65.20M
Shs Float 50.65M
Short Float 140.57%
Short Ratio 2.94

>>26771776
they added more shorts

>>26773657
So they're basically hoping everyone else sells Friday and they wait out the 35 days to close?
Or are they going to just hope everyone offloads tomorrow?

>>26773832
both they keep trying to shake people out of holdings any way they can. this morning they had their lackeys at CNBC run a bs story about how all shorts had closed positions. which was easily and quickly proven false by people looking at the public order book which showed no such quantity of sales. they had numerous lackeys on media interviews today saying what we are doing is illegal, and manipulating the market etc. just tons of horseshit. then after market close today they dumped big quantities of shares trying to drop the price in hopes of scaring noobs into panic selling and triggering stop losses.

if they werent scared do you really think theyd be kicking and screaming at yellen and the feds to do something?

they literally triple down on their bad bets while at the same time asking the feds for bailout and restrictions on retail traders. they are trying to have their cake and eat it too

also we have a couple whales on our side who jumped in. today 138 million order was put in, most speculate its blackrock but it could be some other competitive hedge fund or investor. i wouldnt be surprised if elon joined in the battle, hes got a personal grudge with some of these fuckers who were spreading all sorts of slander and lies about TSLA because they were trying to short the fuck out of it earlier this year

>>26774451
That's what I figured.
I'm late to the game and new to stonks but I'm playing with some spare money and, at worst, get to fuck over a short company.

I'm going to ride it for a while and see how high it gets.

>>26773832
isn't it weekly/monthly?

Just like op I don't know shit about stocks but fucking over hedge fund managers and pocketing a bit of money sounds incredibly appealing.
But I have two questions, is this just a Murica thing or could I get in as a Mexican? And if so, where?

Attempting to open a Robinhood account and it says that Robinhood Instant is a margin account. That's not the same as buying on a margin, right?

>>26776117
if you use more buying power than the cash you have = margin
(((they))) can call margins at anytime, which forces you to sell.

>>26775512
I have been lurking more and there doesn't seem to be an opportunity to still get in time for me but I'll continue to follow up on the story because this is hilarious, Godspeed to the ones that are holding the line.

>>26774731
you arent late to the game you are early. consider this: today and tonight millions of american normies heard about GME for the first time on all the MSM shows. they are going to be flocking the market tomorrow in droves. and the squeeze hasnt even started. i wont be surprised if GME hits $600 tomorrow

>>26773419
Let me guess. You have half a mil? I also lost 1 bitcoin during the bear market so there's that. Also school wasted my money too

>>26774451
Didn't wall street and cnbc get into trouble for lying? I know that's illegal.

>>26778845
Gonna buy in for sures

>>26765818
Put Me in the Screen cap for the court trial Glowie

So is it normal that they halted so many stocks? Is this normal? Is everything halted? Or does it open in the morning for after hours before public opening?

>>26765818
Time to pull some money out of crypto (it's all going down anyway) and ride this rocket all the way up into the stratosphere. Sell shitcoins and buy GME only. Don't fall for the distractions, the manipulation and attempted short ladder faggotry. Be ruthless. Buy and hold.

>>26780167
Ehh I'm a long term hodler of bitcoin. Can get long term capital gain taxe discounts too. Feb might be bloody, but institutions are going to be fomoing in again.

>>26780167
If you mean alts, I'm not exposed to alts even though eth has potential to skyrocket soon. I'm basically a btc maximalist, but I'll buy 1 or 2k worth of gmt this week. I feel institutions are gonna give a nice discount with their fud and downwards pressure.. how high do you see it going?

>>26780167
But we have to watch the stock for days and hope to sell as soon as it starts falling hard and fast. Is that it? So the people who are a little late to sell are the ones screwed? I know this is kinda dumb but is it possible for a majority or even super majority of holders to sell at the same time and keep decent profit? Like can the price not really drop fast enough of people really sell fast? Just thinking about it.