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/biz/ - Business & Finance


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26984365 No.26984365 [Reply] [Original]

Explain it to me as you would to a small child

>> No.26984408

Kikes tongue my anus

>> No.26984420

>>26984365

buy bitcoin

>> No.26984427

you are retarded and should not post here

>> No.26984441

>>26984420
this

>> No.26984458

crypto go woo stocks go nuu

>> No.26984519

>>26984365
DOGE is going to the moon. So is GME.

>> No.26984537

>>26984365
Lines go up and down.

>> No.26984551
File: 189 KB, 632x724, 1493426905727.png [View same] [iqdb] [saucenao] [google]
26984551

>>26984365
it all starts with this tribe of people with a land to call home...

>> No.26984560

>>26984365
fuck off, idiot

>> No.26984595

The music is about to stop and you are swimming in a pool of poopoo

>> No.26984673

Money

>> No.26984954
File: 6 KB, 278x181, download (2).jpg [View same] [iqdb] [saucenao] [google]
26984954

A fire sale

>> No.26985530
File: 158 KB, 1200x630, ellohime_og_image.jpg [View same] [iqdb] [saucenao] [google]
26985530

>>26984365
An old crowd of scummy wall street hedgies lead by Steve Cohen of SAC Insider trading fame decided to short GME by 140% of outstanding stock.

All anon had to do to milk this for lulz and profit was buy 100% of GME stock and hold onto it until the shorts closed. At that point the shorters have to buy the stock at whatever price anon demands, bet it $10, $10,000, or $80085 dollars.

There are no clever plays or microsecond decisions. Anon only needed to buy when GME was at ~$10, set a sell order at whatever anon chose, and wait.

There were enough anons on WSB to do it, and they are all set to make potentially infinite bank. 50x ROI is standard for anyone who got into this early. Hedgies are in the hole for $100 billion or short losses and are burning down the US techno-financial system institution by institution to try and escape. Cohen is calling in every favour he's owed, but Friday cometh and the short squeeze now begins in earnest.

Moral of today's tale: Never fuck with video gamers when memes are on the line.

>> No.26985565

>>26984365
line go up
line go way up

>> No.26985735
File: 63 KB, 1280x688, margin-call.jpg [View same] [iqdb] [saucenao] [google]
26985735

>>26984365
"WE ARE BUYING MEME SHARES AS WILLING BUYERS AT THE CURRENT, FAIR MARKET PRICE"

SO THAT WE MAY SURVIVE

>> No.26985793

>>26985530
I mean it's a well written summary

>> No.26985814

>>26984365
Elon is using bitcoin to go straight to mars.

>> No.26985842
File: 204 KB, 1600x900, gme-stock-2.jpg [View same] [iqdb] [saucenao] [google]
26985842

>>26985735
THIS IS IT!! I'M TELLING YOU THIS IS IT!

>> No.26985887

HOW DO I KNOW WHEN TO SELL

>> No.26985918

>>26984365
sneed

>> No.26985972
File: 954 KB, 579x550, btcover40k2.png [View same] [iqdb] [saucenao] [google]
26985972

>>26984365
Elon Musk has already accumulated bitcoin... He realized he could shill BTC in his profile under the guise of "haha fuck the shorties" meme that is in-vogue right now

>> No.26986017

THEY CAN SLOW YOU DOWN BUT THEY CAN'T STOP YOU

>> No.26986050

>>26984365
There are three ways to make a living in this business: be first, be smarter, or be jewish. Well, I'm not first. And although I like to think we have some smart people here. It sure is a hell of a lot easier to just be jewish

>> No.26986057

>>26984365
googoo gaga
poopeepoopee
something something Citadel Jewish Robinhood Gamestop something something
OH! HEY! Steve Cohen just flew over my house!

>> No.26986164

Best finance movie

Wolf ows and Big short are shit

>> No.26986173

>>26984365
Rich hedge fund Jews tried to make money by destroying GameStop. Reddit and biz bought GameStop stock which caused the Jews to lose billions of dollars. They are seething and most trading platforms blocked people from buying more stock and even forced people to sell against their will to help their rich Jew friends and fuck over normal people. Now people are moving their money out of places like Robinhood and into btc and doge coin.

>> No.26986968

That fucker on plebbit who longed 50k on gamestop, isn't that basically buying 50k of shares and holdiing? I don't get this bit, is it somehow more profitable to long, do you get good boi points or some shit.
Pleb tier explanation please.
Thnx.

>> No.26987222

BURRY!

THE CDOS, BURRY!! WHAT DO THEY MEAN!?!?

>> No.26987665
File: 208 KB, 327x316, 2ec.png [View same] [iqdb] [saucenao] [google]
26987665

>>26986050

>> No.26988252

>>26986968
Long just means you are making your position thinking the price will go up. In simple stock terms, you're long if you just buy the share in the hopes it goes up.

Short means you take your position thinking the price will drop. Shorting a stock is borrowing a share at the current price with the promise to return a share of that stock at a later date. You hope the price drops so you can re-buy the share you sold for cheaper than you sold it and you can pocket the difference.

Potential risk in buying a stock is the price you paid for that share.

Potential risk for shorting a stock is infinite, since the price could just keep rising when you need to buy back. With gme, there are more shorts left to re-buy than there are in the "float" or the number of shares that are available to the public for trade.

>> No.26988881

>>26988252
Cheers mate.

>> No.26989724

More

>> No.26989861

BASED MARGIN CALL PATRICIAN

>> No.26990279

Where is Eric Dale?

Explain this to me in plain English.

Where is Eric Dale?

Explain this to me as if you were speaking to a small child or labrador.

Where is Eric Dale?

>> No.26990323

>>26986050
Well done.

>> No.26990326

>>26984408
this

>> No.26990489

>>26985887
dont sell you giant fucking rertard. hold it and you will see massive gains upwards of 5k per stock, fuck 10k or even 100k infinity is the limit. all you have to do is hold.

>> No.26990552
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26990552

>>26984365

>> No.26990923

>>26984365
> Speak to me as if I was a goy, or, a poster on biz

>> No.26990938

>>26986050
nice

>> No.26991068

>>26984365
https://www.reddit.com/r/wallstreetbets/comments/l7bpf5/30_seconds_from_triggering_market_nuclear_bomb/

>> No.26991189
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26991189

>>26984365
No, figure it out yourself cnn

>> No.26991338

>>26984408
This

>> No.26991396

Im retard, when does the market open?

>> No.26992055 [DELETED] 

>>26991396
15 bings

>> No.26993443

>>26991396
2 bongs and 30 bings

>> No.26993575

>>26993443
cheers big fella

>> No.26993787

>>26991396
>>26993443
Why can I already trade with IG? I have my one share and I’m able to sell it or even buy more right now

>> No.26993910

>>26993787
IG group?

>> No.26993914
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26993914

>>26993787
In addition to this question, why are there two different numbers? Which one is the real price?

>> No.26994087

>>26993910
IG Trading, it’s a U.K. app

>> No.26994204

>>26994087
I'm assuming these will be buy/sell orders for when the market opens.

>> No.26994319

>>26994204
So basically like a pre-order? I could sell now at this price and then when the market opens it will go through?

>> No.26994417

>>26990489
And buy the dip.

>> No.26994469

>>26994319
Pretty much. If people are buying at that price it'll get snapped up.

>> No.26994621

>>26994469
Okay. So the first number is what it closed at last night and the second one is current pre-market price?

>> No.26995374

>>26984420
This. Crash is coming, bitcoin is going to mars.

>> No.26995456

>>26984420
>>26995374
What why?

>> No.26995649
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26995649

>>26985972
Nah he just hates short sellers, saw that "bitcoin was being shorted" headline, and decided to fuck with them

>> No.26995908

>>26984551
>longshanks threw out the jews
based, lots of countries invited the jews to help be financiers in historic times, but then ended throwing them out after causing damage. they are the inspiration for skaven in warhammer, sneaking around in the undercities secretly running schemes, remember ye this

>> No.26996017

So, what you're telling me, is that the music is about to stop, and we're going to be left holding the biggest bag of odorous excrement ever assembled in the history of capitalism.

>> No.26996148
File: 48 KB, 1334x834, dogemoment.jpg [View same] [iqdb] [saucenao] [google]
26996148

BUY DOGECOIN

>> No.26996309
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26996309

>>26996148
THIS

>> No.26996387

>sir as you know or may know for the past week or so we’ve been buying GME stock to squeeze kikes, this has been enormously profitable as you might have noticed

I HAVE

>now the problem is this are essentially just worthless overvalued bags that we have to dump on somebody, so this is essentially a game of chicken at this point
>so anonymous boards allowed us to orchestrate this obvious pump and dump scheme without pinpointing any particular manipulator, in any other case this would’ve raised red flags

Now pls tell us why do you earn the big bucks tall and handsome sir