/biz/ - Business & Finance

No, we dont.

>>27258101
You don’t. People need to learn those hard lessons on their own.

>>27258101
I like how all these people think they're not getting screwed in the end by the rich powerful ruthless capitalists. Will be an expensive lesson

>>27258101
maybe RH was right afterall...

>>27258406
Fuck him he just ran out of liquidity

F

everyone reasonable is already saying to only put down what you can afford to lose
everywhere
for everything
what more do you want us to do? let retards burn themselves, as they always have, in all contexts.
t. fellow bagholder, but only holding what i can afford to lose.

>>27258101
cant wait till retards start fomoing at 1k+ while I'm preparing to exit with my $12 cost basis

idk how retarded you have to be in order to be a week late to gme, never buy any of the dips throughout the week, buy gme at ath, do so with money that u cant afford to lose, and somehow thiink ur cool or sticking it to anyone

>>27258541
Yep, I'm also prepared to lose a bit that's not very significant. The loss will be outweighed by seeing plebbit and the incels on here financially eviscerated

>people called me a bag holder when I told them to buy GME at 40
this isnt crypto pump and dump, you morons. ffs.

>>27258101
Smart enough to be a dentist, smart enough to know the risk associated with taking lending money and speculating with it.

KEK. Do people actually think this shit will rise any more? It's over.

>>27258632
>this isnt pump and dump, you morons. ffs.

Let me guess, its a new paradigm?

>>27258149
>People need to learn those hard lessons on their own.
This, I lost 15k the first time I tried trading and never went back into it, I'll be paying it off for 10 years but it's what I get for being a retard

>>27258675
do you know anything about the case? literally anything? or is your argument just "it go up fast so now it go down zoom"?

>literally spent 46k of not his own money to get upboats on reddit

Based

>>27258734
no. it's a short squeeze. SI > float. unless the government steps in hard, this will go up.

>>27258772
this. We literally get to decide which price we want, THEY HAVE TO PAY US

Will be setting a limit of $12m myself

>>27258734
Black swan event.
You will probably never see this kind of opportunity happen again in your life.
It's not a pump and dump.
You have guaranteed buyers for your bags.

Motherfucker bought on the 23rd at 59$ a share, the dude is loaded, all he has to do is sell 1/6 of his holdings to cover the loan

>>27258101
>I like bagholders as anyone else but seriously we need to prevent people hurting themself like that.

>anti-semite dentite

>>27258734
It's a unique event that isn't going to happen again any time soon, but it's definitely not going to stay above 300 for long

>>27258567
post proof of your $12 buy, faggot

>>27258101
>anti-dentite semite

>>27258977
why is 300 the magic maximum number on a short squeeze bigger than the VW one

>>27258739
Nigga first time trading and you use 15k¿?
Now i feel good losing just 1k, kek

>>27258101
Honestly I would never invest what I cannot afford to lose but I wanted to with Bitcoin. I paid off my student loan debts and was sensible.

Reddit has become more Chad than 4chan in the past week. They are attacking the financial system at its heart in the most guaranteed transference of wealth since Bitcoins second halving. It’s horrible investment skills and people like this will likely gamble away their winnings, but it’s not honestly a good strategy if you’re okay with suicide as an exit strategy.

>>27259149
They're pumping Ryan Cohen stock who acquired a 12.9% stake in GameStop last year for $76 million.

>>27259103
+ ppl keep thinking in share prices rather than market cap. 1000/vw is not the same as 300/gme, but closer to 30000/gme. I dont think we'll get to that point, but there's def. room left.

>>27259115
>Nigga first time trading and you use 15k¿?
>Had 3k and set a buy when the market opened on a ticker that went up 10x AH and was going bananas Pre with the entire 3k
I don't recall how many I bought but lets pretend it was 100
>Left for work 1.5 hours before market opened
>Went even higher in price
>Bank still filled the entire order for 100 even though I didn't have the buying power for it
>Stonk tanked right at open

>>27259149
/biz/ has been so fucking gay abt all of this.

>>27258101
You'd think someone that went to medical school would have a brain

When the Jews start screeching how how GameStop could destroy the entire financial structure of the world, you know it's big.
They didn't commit those criminal acts world wide stopping people from buying because they think it's a joke. They committed obvious crimes and they knew they were doing it.
Bigger than you think. Think biggest.

>>27259408
We're pumping a lot of anti-semitic memes, though, hoping to get normies to become Neo-Nazis which would be based and redpilled and Chad :D

>>27259463
Mass rote memorization does not an intelligent person make.

>>27259544
Is it your first pump and dump? They want to turn you into designated bag holder.

>>27259408
agreed. /biz/ has been absolutely shameful

>>27258135
this. It is unfortunate, but some people need to be taught expensive lessons

>>27259675
shut up faggot. you can't even write proper english

>>27258149
>>27258135
>>27258243

True capitalists.

Fuck em, sometimes life comes at you fast and teachers you a lesson you won’t soon forget.

>>27258101
Ok MOM

>>27259392
Ankn, don't be sad. I lost 150k in my first year of trading, lol. Fucking devastating.

Is that real? How do we know he put it in GME?

>>27259883
I mean, it's not an entirely sad story just a huge loss of capital that'll take me years to sort out
>Unless this reddit faggotry actually crashes the economy
>I had to pay back the money somehow so I took the money from my credit card to cover it
>Started sweating since I had a 14.99% interest rate on it for all cash withdrawals
>Tried getting a loan so I could have a lower interest rate
>Couldn't get it cause I never did my taxes that year cause I like to do 2 years at a time
>fuck.jpg
>For some weirdass reason the bank calls me not but 2 days later offering to "upgrade" my card to some platinum shit with a 3.99% interest rate
>Thank the whichever god it is that watches over me and never test the market again

>>27258739
I know the feel, my first year trading I blew up my account and lost like 100k. Did the brokers halt trading for me? No. Did I get a bailout? No.

Most retail traders never make money they lose long term. What’s more is of those that don’t lose money almost no one beats the market. The best long term universal investment advise is buy and hold index ETFs thought I would not at all recommend doing that right now.

>>27258101
>>27258406
Oi vey, It’s a regular hall of costs

>>27258101
Happens every hype. It will be used to lobby for regulation in favor of the hedge funds, too.

>>27259408
>>27259693
go back

>>27258135
based.
Reddit bag holders will rope eow.

>>27258101
Yikes.

But no we don't need to protect these people, it's a free market. That means taking a loss when you are wrong.