/biz/ - Business & Finance

>>27456111
only if the morons who put up their families and life as collateral lose everything, tbd. Got 4k in gme, meh, ill live, it was free gibs anyways

>>27456111
I risked my entire cement business on GME. Now I’ve got to tell my 6 employees I have to let them go tomorrow. Fuck

>>27456111
he lost a lot but is still rich

>>27457284
Maybe theyll get new jobs at gamestop

>>27457284
Think you've got some cement in your brain

it get better when he put it rubic coin

>>27456111
Why are morons putting all of their money into what is essentially gambling? This is going to be bitconnect 2.0

Fuck off shill niggers hedges HAVE TO buy shares back for a premium price, so far they only paid fees to delay it. DO NOT SELL and you will be rich.

>>27457546
i second this idea

>>27456111
I hope so. Retards following meme stock advice from reddit deserve it.
I now genuinely believe that people in the 1920's did buy stock based on the newspaper boy's recommendations.

>>27456111
LMAO now that's fucking retarded
t. Actual retard

>>27457880
yes rubic coins big moons very soon 1k

>>27458229
>>27457880
How does it feel to shill for hedgies against normal people so they lose money for 15$ an hour?

>>27458538
explain rubic is not hedge fund dcentralizing to the moon

>>27458914
Everything what tries to make people sell GME before the squeeze is shilling by default. Selling GME is the only option to lose money for investors and save hedge fund from a bankruptcy.

>>27456111
Of hedgies? Yes.

>>27459456
you must buy rbc rubics coin

>>27456111

Yes theyre going to be buried right beside the Qcrowd. This is what happens to plan trusters. Shouldve listened...

>>27457284
Shit, me too. My exotic pet shop won't be able to survive this.

FUCK bros, I don't want to reveal my identity but I'm the owner of a mongolian basket weaving forum and I bet all of the ad revenue on GME. I might have to shut down the site if this fails, I hope the users won't be too upset.

>>27457489
kek

>>27457284
Eat some of your product to harden the fuck up

>>27456111
Hopefully. There’s nothing I’d love to see more than smug redditors lose all of their savings from working some useless office job for the past 10 years.

>>27457288
$200k isn't rich. You need $1 million invested wisely to beat inflation and draw enough dividend to live off of. And now we're just talking low middle class. Rich would be $20m+.

>>27456111
NO GOYIM BUY MORE GME Q SAID THAT THIS IS THE PLAN TRUST THE PLAN!!!!!

>>27457284
A cement business just flew over my house!!!

It's not about the money it's about sticking it to those hedge sons of bitches! Do not fret, brother. Diamond hands!!!

>>27457284
Fucking hell I've got some bad news for my vidya store employees...

>>27457845
they already did it

short interest is now less than 50%

>>27457284
You are a FUD spreading Jew. “My cement company” LEL

>>27459730
kek. What do you think the yearly adrev is?

>>27456111
Biggest fud campaign ever. They are more willing to pay 10 billion in paid shills than lose their fund. And it is the best situation for them.

Yall were sold a dream. Please wake up. You will not become millionaires overnight.

>>27456111
Yes I think so, this may be the worst thing reddit has ever done.

>there are anons ITT who don't have their own cement company

IM SQUEEEEEEEEEZINGGGGGG

I toled my mother and grandparents about this and when they saw the news about it and became convinced I'm right they let me handle $140k of their retirements to invest. I toled them we would be millionaires. I bought at $382. On friday I toled them don't worry I used hedgefund tricks to offset the loss. Now they think we actually gained some %. If today is another loss I'll ron away

>toled
>ron

>>27457284
Get stoned bro,
Eat cement.

>>27461232
>bought @ $382
this is a larp right anon?

>>27457845
>Fuck off shill niggers hedges HAVE TO buy shares back for a premium price,
They don't anymore

>>27456111
>110k
>64k
>retirement
Are you from eastern europe?

>>27456111
>everyone follows the strategy don't invest more than you are willing to lose
>I am financially ruined
which is it?

>>27457284
I am an accountant at a Channel boutique and funneled the entire fund into GME190 calls without my boss knowing

>>27461583
yeah that's widely illegal and you'll hear from your shill manager who'll tell you to make up more believable fud

>tfw my pops knows nothing about the stock market and would never put a dime in
>called me up last week to ask if I knew anything about the GameStop thing
>explain it in a simple way
>asks me if he should invest at $320
>tell him no the time to get in has already passed
>called me again today praising me as some kind of stock psychic since it crashed
I’m glad I didn’t get swept up in the Reddit hype

>>27461740
no I swear it's real we sell one or those Chinese rip-off brands which is illegal anyway so these people can hardly take me to court
anyway I didn't get margin called yet since I backed up the calls with some of my savings

>>27457284
If true will be jacking off to that thought later. I’m a bit miffed I lost some money but if I know people are losing their lives over this, I can cope that I just purchased expensive entertainment.

>>27460121
Self serve has probably given it a significant spike, but even with that I doubt it’s much. Probably barely enough to cover server fees

Won't the hedgefunds have to cover their short positions eventually? What happens if they can't buy the shares they need because people aren't selling? Do they just pay interest forever or what? I'm retarded btw.

>>27460239
>worst thing Reddit has ever done
The original idea was sound, as was the advice to invest in GME. The problem was the reddit virtue signaling attitude and delusion that the game they are playing was fair. A sensible investor sold everything in the $300 range. That left you with a very tidy profit. If your brain is on reddit, you actually believed the bullshit that it could go up to 10 gorrilion dollars and you were personally making every hedge fund owner suffer by holding.

>>27461993
they covered their shorts years ago. youre just hodling bags for reddit who bought in at .0000001c last week. theyve made 3500000000x and youre RUINED SELL NOW SELL QUICKLY SELL SELLS ELL SELL SLELPES ELESLESLESLESLLES

>>27457284
>he sold

>>27459933
Holy fuck, this "meme" is so shitty, it's not even possible to find how it started.
I'm happy /pol/tards can't breed.

>>27462150
This is the most reasonable, concise take. I tried to sell at market open but eTrade fucked me and I got out at 230 instead of high 200s. But still grateful for at least that, spared myself the full-on panic that is about to happen.

AAAAA GOOOOOOD WHY DID I HODLLLL IM IN FINANCIAL RUINNNNNN

>>27462304
Are you new around these parts?

>>27461394
he's copying and pasting this same post on all gme threads

>>27462536
Nah, I'm old around these parts. Old enough to not visit any board regularly anymore.
I'll be back when another USAnian chimpout occurs.

>>27462466
Bog id

>>27459730
underrated

>>27462651
Yeah fuck burgers, but yeah I get ya. My browser has like 11 boards bookmarked. I guess we just share a difference of opinion

>>27457284
>cement business
ah, so we have come full circle
pic related and filename too

>>27460035
Source?

>>27457164
>meh I'll live
Thanks for your donations to my hedge fund.

>>27461877
oh good luck then anon you're gonna make it

>>27456111
god, i hope so
so many leftist redditors fell for this meme because of "muh fight against the wall street"

>>27461232
hedgie copy pasta

What I want to know is, why do people believe GME will skyrocket at some point in next few weeks? There must be some kind of reasoning behind it. A certain logic that makes them believe it's very much possible.

>>27461232
>toled
is this basketball american english?

>>27456111
kek

MASS SUICIDE
MASS SUICIDE
MASS SUICIDE

>>27463022
>there must be some kind of reasoning behind it

It's called blind hope

>>27462400
If you want an even more concise version
>did you get in to make money?
Great idea
>did you get in to pwn Wall Street epic style?
Awful idea

>>27462857
He doesn't have one. They've been spamming that for the last two days.

>>27462935
What if this was just a way to break the useful idiots who helped the democrats get all the power so that said useful idiots would be too broke/demoralized to do anything about the inevitable ass fucking

>>27463022
It has already skyrocketed and is likely to crash now, people are blinded by greed and have no concept of realistic price targets. I was one of those people until this weekend. Lost some money because of greed but learned an important lesson

>>27463022
Reddit keeps telling these people to just wait 2 more weeks and it will skyrocket. Remember, many people holding GME stocks now are people who got into investing a week ago. They think it’s going up because they are coping that it’s going down and taking their bank account with it

>>27458538
Nobody is. However, people need to have common sense. People who go this far into something like GME have to realize that there is no such thing as a 100% sure bet. People who bet far more than they should, doing stuff like shorting 140% of a stock, thinking it is a surefire bet, are begging to get burned eventually. If you cant afford to lose it, be aware of the risks associated with that. Be aware that you are placing money into such a clearly corrupt system with the cards stacked against you that one opportunity such as this still has a chance of not at all working, no matter how surefire it may seem.

I'm really sad, I could've had 3.5k now I'm only 800 in the green...

>>27461877
>>27461583
you're fucked and you deserve it.

>>27463237
Yes but why do they believe it'll skyrocket? And vice versa, why do you believe it's going down? The shorts are still there aren't they?

>>27457489
fucking boulder brain

>>27456111
I only see Aleph. Nothing else

>>27456111
>zoomies and mel*nials thought they could beat boomer hedge funds
checked lmao these kids are gonna be crying come Saturday morning when the boomers start mowing their lawns and stealing their girlfriends
Same energy as pic related by the way. Can't wait.

>>27456111
Hope it's Jews suiciding

>>27463363
The foundation of plebbit's belief is that the short squeeze has yet to happen. Only the ones with the short positions know if and when it will happen, and there's also the possibility that they already have their positions covered

>>27463707
>id: gme
uhhh based?

>>27462565
you know when you've seen some stupid legit shit on this board so sometimes the larping shit gives you the old stink eye ;)

Is there any good reason why the short squeeze was supposed to happen within like ~2 weeks (i.e. from when the stock got to around 30)? Looking at VW, it seems completely reasonable for a bubble to form, to burst, and then the actual squeeze to come over a period of a month or longer.

I also keep seeing people saying shorties have covered their initial shorts (i.e. the cheap ones that would hurt them, not ones at like 300), and then others say that's mathematically impossible. What's true?

>>27457164
I got 2k just gonna leave it on off chance this isn't a Q tier conspiracy. already up 30k in ETH so oh well. good thing is nobody trusts the stock market after this. gonna crash and that's bullish for crypto.

>>27457845
I hope you are right but idk so far just been a theory. when all my normie friends and family got into this I kinda realized it was a pump and dump.

>>27464006
>I also keep seeing people saying shorties have covered their initial shorts (i.e. the cheap ones that would hurt them, not ones at like 300), and then others say that's mathematically impossible. What's true?
impossible to know until the reports go in, and even then it's not all on record and much insider shady things going on. this is why retailers shouldn't do this, they are blind. you need insider knowledge and some espionage even to be a player.
my GUESS is they covered everything, would be stipid not to when they saw the hype. then they shorted it again right away. the volume was so big last week they could've done this completely unnoticed.

>>27457845
Sure, trust the plan, two weeks. Just remember to make a contribution to the pink wall.

I'm buying as soon as the market opens. Im not fucking selling and I don't care if it goes to $0. This is purely to stick it to the long nose tribe.

NEVER. FUCKING. SELLING. SHLOMO.

EVER

>>27458538
Yes, we are everywhere, we're coming through the walls, your neighbor is in it, EVERYBODY IS IT !!! WE ARE ALL TO GET YOU !! YOU!!! BECAUSE YOU ARE SO FUCKING IMPORTANT !!!!! AAAAAAAAAAAAAAAAAAA

>>27456111
This can't be real

>>27464762
>me losing money will stick it to the long nose tribe!
lmao, get fucked redditor

>Retail screaming they fucked the hedgies
>Unbeknownst to them this was the hedgie plan
>To make the biggest hedgie short
>Only retail could be so fucking dumb
You have to be wondering by now. If it is such an amazing long trade. Why didn't any other hedgie squeeze the fuck out of them? Why all this effort to get retail involved?

You're fucked!

>>27457284
name every cement

I don't know what to do anymore. Dubs and I put my entire lifesavings in GME.

>>27462903
>>27463318
yeah the brand is called Cocko Channel

>>27463083
I got in at 70 to make money.
I am every bit as greedy as the hedge fund managers. I am glad reddit turned it into a movement and drove up the price to 400+ where I cashed out. Idiots pretending they are do gooders like they weren't shorting the shit out of SPY in Feb-Marh.

>>27465330
that sounds too stupid even for asian customers, post pic of your merchandise and I'll believe you

>>27459860
underrated

GME has to go to $1k per share otherwise the movie they're making about this event will not be entertaining. That's just like, basic economics.

>>27465039
Now I finally understand why 4chan voted for Trump.

You don't give a shit about anything but yourself and you want the world to burn.

>>27465330
>Cocko Channel
Kekked

>>27465947
No, just your world.

>>27462837
is that cpt killdozer? we need mroe men like him.

>>27457284
start selling cement shoes

>>27456111
i hope so

>>27456111
Holy shit, boomers are so fucking dumb... I mean they believe in the lolocaust so of course they are absolute cretins, but this... Damn.

>>27459860
underrated absolute tourism

>>27457284
i'm in the semen industry too

i CANT and i WONT stop holding

>>27466219
t.

Saw someone threatening to annihilate his family here last night. I don't think he was joking.

>>27459899
Fucking Americans disgust me

>>27465947
Imagine actually falling for such an obvious pump and short scheme.

>>27465947
Nah man you're a dick. You're litterly shilling a worthless corporation that has gone 100x to people telling them they can sell at whatever price they like. Are you this brainwashed?
Some people could be seriously hurt right now and you told them to do so.
>Muh its not financial advice
>Muh invest what you can afford to lose
It's your responsibility.

>>27456111
Weak willed bitches that don't understand that they literally won the moment they bought will sell their shares to autists that do understand. We are watching a small number of shares transfer hands away from literal idiots to diamond handed apes that get it.
Melvin isn't buying at $200, they can't afford to close 50 million positions at that price. It's smart retail and smart billionaire firms buying up those pussy bitch shares. And they aren't fucking selling.

>>27457284
I have to tell wife's boyfrend that I can't afford to buy my wife's children birthday presents
Fuck my life

>>27456111
Nope, we'll only read about them.

>>27465222
oh boy

>>27457284
Don't feel bad. There are likely non-retarded cement businesses owners who will hire them.

>>27467018
>>27467166
I'm not shilling anything. I don't even hold any because ETF tax is so high in my country.

What I'm commenting is that we're seeing an amazing opportunity to stick it to the (((powerful))) in a beautiful example of people coming together for the greater good. And even though half of you constantly complain about mr.shekelstein, you'd rather feel superior to people losing money in gme than than appreciate what's going on.

>>27456111
Kek

>>27457284

>>27466873
>

>tfw bought into AMC at 16.5

>>27459456
>everything what tries
Learn to do words.

>$171

NONONONONONONONO

>>27463022
They think there will be a massive short squeeze like the one that happened to VW in 2008, but hedges got out in time and now they're in denial.

>>27467560
>Appreciating what is going on
You mean people falling for ((their)) tricks? I don't find it a pretty sight.

>>27465496
I think its just diesel and used engine oil.

>>27468007
(((They))) are trying to outmeaneuver the situation but it's obvious (((they))) are sweating so damage is obviously being done and it looks like (((they))) can indeed be hurt and bleed

>opening under 200
FUCK JEWS

>>27459899
By 2030, with all this green energy shit that biden and the left are pushing - if you don't have $5mill minimum, you'll be middle class and working until 75. Good luck

>>27469581
ya if you wanna live in comiefornia, a 5 bedroom house cost 200k here

>>27457284
6 wagies getting rekt by GME indirectly

>>27457284
I guess you have a concrete case to hold then

>>27456111
>ANON I DONT GO INTO BTC CAUSE IS SO VOLATILE
>proceeds to dump entire life savings into dying stock meme being shorted to death by big money
Why are people like this? Longing bitcoin on 30k was very easy but reddit faggots decide to insert red dildo in anus instead

>>27456111
You guys are funny, buying more.