/biz/ - Business & Finance

>>27507048
This reminds me of the idiots who will keep doubling down on pnd scam coins just because they lost money already

Have they all forgotten that Gamestop was shorted because its a shit company?

>>27507048
Holy fuck I feel bad for these idiots now

>these retards could be making generational wealth if they put that into crypto
>instead they got psyopped to buy (((their))) bags at 50x the price
its no wonder why jews always obtain so much wealth they really are superior to goyim

>>27507048
Why the FUCK would you go on margin in a highly manipulated market?

>>27507048
This is just like when retards were calling for $1 DOG.. oh wait it's the same fucking people.

>>27507048

>>27507244
This, BTC will be at 500k in 10 years. Gamestop won't even exist.

If you read his comments he admits that he knows it's a really fucking stupid move and everyone is telling him to stop and not do this his life will be ruined. He is self aware

>>27507048
Never thought I’d feel like a boomer holding link

>>27507048
This is the reason why retailers will be banned from ever using any kind of margin accounts.

>>27507048
Shills are out in force all of a sudden. I wonder why.

>>27507185
It's exactly that. Flashbacks to all the eth lost from those tg shilling groups. Echo chambers offer no valid advice ever.

>>27507194
No bro..gamestop it's like Volkswagen.
Holy fucking shit.. there are so many stupid fucking people in this planet and I can't capitalize on that.
I feel so jealous.

>>27507194
this, gamestop was dead, with good reason

>>27507901
there will be money made in the collapsing old system, there will be money made in the blossoming new system.

2 dA mooooon! *insert little kid rocket emojis*

>>27507048
https://m.youtube.com/watch?v=GMCQAmgKS48

NOOOOOOOO
NO NO NO
NOOOOOOOOOOOOOOOOOOOO

>>27508046
i wanna believe

>>27507048
It might be fake. You can't believe retards on the internet.

>>27507943
Not a jew nigger shill, but it says deactivation date. Doesn't that mean they can't short it today and will be able to short it tomorrow?

>>27508046
90 % of the "stupid" are just paid shills.

AHHHHHHHHHHHHHHH

>>27507194
Physical media is not dead and there is no reason to phase it out.

>>27508046
How about you read on what happened with VW? It tried doing hostile take over on porche which bit them in the ass hence the squeeze. This isn’t at all the same. VW had and still has genuine value unlike your meme stock.

>>27507048
>how to throw your life away in one cancerous abortion of a twiteddit post

>>27508576
I was being sarcastic asshole.

>>27508402
G2A > Gamestop

IS THIS HOW YOU DO IT?

>>27507048
Lmao babbys first rugpull

>>27507048
I hope that at least some of these posts are jokes. reddit can't be that sincere and honest can they? and retarded

>>27507048
Are you back from your lunch break?
What happened to 20$?
What happened to double digit price?

Wtf it went to 90$ today why wouldn’t you buy then ????

>actually retarded

>>27507048
I was talking to someone about this the other day.

Crypto traders, when operating on their exchanges, operate under different rules, especially in terms of leverage and margin.

In the crypto exchanges, if your trade goes wrong you're liquidated but you never lose more than your initial investment.

People borrowing 100k to place their bet will be surprised to discover they still have to pay the money back, even if they lose it all.

This is why robinhood is now in the hot seat. They tried to play both sides of the fence (acting like a crypto exchange for their clients, like a market maker / broker to wall street).

I'm in. only half of my mortgage today to stay safe

>>27507048
>buying meme stocks on margin
Why would anyone think this is a good idea?

>>27509335
I cringed irl

>>27507185
>>27508046

>>27509314
Newfag just lurking on these threads.
You mean if someone buy a 300 and sell at 100, they still have to pay 200 more?

>>27507048
They bought on margin?

>>27509493
Anyone that bought the dip today at $77 and then sold less than an hour later at $152 made a nice profit.

>>27509565
My understanding of crypto is this... you can put your $50 in, and then leverage it 200x. If your trade goes the wrong way and hits losses = to what you put in, you're liquidated, but you don't owe any more money.

Regular stock brokers/exchanges work like a bank. If you borrow 100k from a bank, you have to pay it back, no matter what you did.

Also... if you bought/sold the same stock on the same day more than twice in the same week, you automatically get classified as a pattern day trader, which means your account will be locked until you pony up the 25k minimum liquid requirements.

Biden is going to EO some kind of bailout for the hedgies and come up with some kind of figurehead/representative group for the "white nationalist economic terrorists" that can be punished, while anyone outside the group faces economic sanctions. It won't be heavily televised but it will likely be rolled into our next Patriot Act. If anyone made money on GME, use it to buy guns, ammo, and a refurbished missile silo in Nebraska to act as a doomsday bunker.

>>27507048

who is giving these dumb fucks leverage

>>27507048
imagine not buying the dip today or understanding how shorts work. you are ngmi if you think this was a bad investment decision. this chad is gonna be a multi millionaire eom

>>27508115
kek

>>27508214
Or bots

>>27508576
Are you retarded? It was the opposite. Porsche tried to buy VW. Eventually you ended up in a situation where VW shares were owned by Porsche, some regional pension fund in Germany, and retail investors. The issue came in when 14% or so of the VW shares were shorted beyond the 100% float.
Gamestop was shorted 140% then pumped to $400 per share when retail rushed in. There is no way the positions were covered already.

i wish GME would have gone well, not because i was in the trade, but because they would have taken that money and pumped cypto with it.

>>27508402
It's being phased out like it or not. Even if it wasn't being phased out, there is no longer need for a dedicated store just for physical games and funcopops.

>>27507194
Do you realize that this happened because Gamestop actually handled their finances well and made a profit this year despite all the things that have been happening?

10 gorillian they said... hold the line they said.... diamond fucking hands they said

>>27510818
Zoomer retard take. "physical medai being phased out hur dur just pay to stream everything from the big tech cloud." No, fuck off.

I don't even know what to believe anymore

>>27508046
Porsche isn’t gonna come out of the blue to save GameStop’s ass retard, you got played

>>27507943
A short ladder isnt when you open new shorts dumbass, it's when you drive the price down to cover already open shorts. Why would you want to open new shorts after driving the price down? You'd want to open new ones at the top. Seriously you guys are fucking retarded and clearly do not understand options and short selling and it's going to bite you in the ass.

>>27511137
Imagine unironically thinking that women actually think like in that .jpg.

So no-one is going to address the still existing shorts? They are not down, they changed the way are calculated as a part of their FUD campaign. Why is this a bad move when the short squeeze hasn't happened yet. No it has not happened yet.

>>27511497
Delusional

>>27511089
Physical media is being phased out by new kids who will grow up streaming and treat digital content the way we treat physical content. This can't be stopped.

>>27511497
It's still 120%+ shorted, yes.

>>27509875
Yeah except for the fact that virtually no one did that

>>27511741
Shorts are not filled. Have fun missing out.

>>27508046
Volkswagen 5x-ed in that chart. GME has already gone >30x.

>>27511472
Not unless they have had a single beer, which they might have, and have male attention (the real goal of "lesbianism"), which they are not getting enough of in that pic (the men are talking to each other and have gone 2 entire sentences without directing attention to the females).

>>27511826
I wish we lived in a society where idiots like you couldn't stop someone from punching you in the mouth, but unfortunately that isn't this reality.

>>27509992
Too many normies in on it, that would unironically be a win. The label 'white nationalist" is already losing power.
My ideal situation is Biden bails out some hedgies before the stimmy goes out. People would go ballistic

>>27511826
>is being
Failed to have been and isn't ever.

>>27507048
>Google short ladder attack
>Literally the only thing I could find unrelated to GME was a schizo article from 2014
Yeah guys this is totally a real thing. Hedgies are manipulating the market by taking massive losses progressively selling down. Definitely not a collapsing bubble

>>27511828
Yes because people are opening new shorts while others are closing/covering old ones. The % doesn't mean jack shit without additional information like when what % expires and at what strike price.

>>27508046
GME literally did a 100x already you retard

>>27511956
Yeah it's a le 90s kid episode. Nobody else is emotional over toys like this.
>>27512043
Sure bud

>>27511899
Lmao I'll see you crying in a week. I already rode this to the top and sold, you have to be delusional to think its going to squeeze any higher than it did. The momentum is gone and by your comrades owm reasoning GME has been "short laddered" and most of the original low strike, soon-to-expire shorts have been covered or closed.

>>27512423
cope

>>27511875
I did that but only in my head.

>>27512539
What exactly am I supposed to cope about? Having made money while you hold bags?

>>27512286
>Yeah it's a le 90s kid episode. Nobody else is emotional over toys like this.
How about you have another le faggot Zoomer episode, acting so sure of shit when you're simply wrong.

>>27512636
Missing out on greater gains and justifying your cowardice.

So many bridges being sold.

>d-dont worry bros it only dropped 75% this week
>moon i-inbound

>>27507879
Go back to your circle jerk club and keep pretending you are some marvel esque hero resistance you faggot so.y freak

>>27507048
Nice try, sheckelstein.

>>27512764
Super ironic post bro, I was born in 89. I'm sure your state mandated nanny will bury you with your Banjo Kazooie cartridge.

>>27509209
Robinhood locked the stock at $90 they didn't open til it was 100 and it was a slow notification bit was open

>>27512797
Ngmi with that attitude. Learn to take profits and move on to the next thing instead of becoming emotionally invested in a meme stock.

>>27507048
Mods have linked the suicide hotline multiple times and yet they're still going.

>>27507048
Nice to see that these faggots are back to their losing ways.

>>27507194
None of you 4chan losers will ever know what it's like to be part of something bigger than yourselves!!!

>>27507048
Merrill charges like 7% margin interest lmao

>>27507048
Not selling to kike hands.

>>27512958
>he doesn’t post a single reason why physical game stores should or will stay around
>just attacks you
absolute moron

>>27513108
Jokes on you, I never had any profits. HAH!

>>27508402
LOL, faggot

>>27513273
kek

>>27513744
Because I'm not going to pay my money to stream media. If they want any business then they need to sell a physical product. It's that simple and there are other people with this mentality.

>>27508046
It’s funny because if you look at this week’s graph there is a spot that looks just like that spike and it has been a pretty fast downward trend ever since.

this is all the funniest shit ive ever seen

>>27511472
bitches are like spaghetti
straight until they get wet

>>27507048
I admit that I FOMO'd into GME like an absolute retard and lost some good money but all I can say is that I haven't laughed so hard at memes since 2017. The memes were the true gold mine here.

>>27507048
4chan once again proves its internet hegemony

>>27512043
you sound like a broken record store in 2003

>>27514618
Sometimes I wonder why Zoomers sound like they've been dropped on their heads multiple times as children.

>>27507832
Hey dipshit, the definition of being self aware is having knowledge that something is the case WITHOUT other people telling you so

>>27507194
It was heavily undervalued at $3 though and DeepFuckingValue + Michael Berry noticed this and made huge money off it. The true value of gamestop is in the $30-40 range because discs are not even close to dead yet.

>>27511899
No, that's because the took out more shorts at the top just before trading was halted. They will close those soon and cover their original shorts with profit on the side. They eat your tendies

>>27507048
so the hedges funds wont pay back their shorts?

>>27514852
If I were to buy one, I'd get the physical edition, and intend to buy digitally.

>>27514852
If they want to kill discs fine, but I'm never going to pay a single cent for streamed/downloaded content.

>>27509153

>"I-IT'S NOT AT DOUBLE DIGITS, IT'S ACTUALLY AT $102. C-COPE HARDER WAGIE"

>>27514852
this just shows gamestop has a shit grasp on online sales (the market that matters). New gen consoles are basically the Bluray of their time. They are a flash in the pan that will lose out to the internet. The PS6 won't even have a disc drive, like 99% of laptops today

>>27515189
Good for you. How brave, daring and interesting of you to have this useless opinion

>>27507547
They are still doing it, look at r/Dogecoin. They are making it to the front page of reddit saying it's going to be the next bitcoin and convincing people to put their entire savings into it. Normies are legitimately retarded.

>>27514925
hedgies aren't balls deep in one single iffy play so they have money to cover them if needs be
you faggots already sunk 100% your stimmie gimme checks & are out of capital

>>27515312
Still more useful than your Zoomer existence.

>>27515483
Wow you really got me.
Try not to let the door hit your ass on the way out of existence, old man

>>27515298
DFV's argument was that it's was too early at the current time for it to be so cheap, not 10 years from now.

https://youtu.be/GZTr1-Gp74U?t=334

>>27507194
Gamestop was and is making all kinds of right decisions, Goldberg. They were in this position because (((they))) were all set to make a shitload of money off of killing another company

>>27510614
its shorted at 80% and 120float

>>27515437
when thay have to buy 100% of the company who are they gonna buy back from
and at what price?

>>27513273
Fucking kek

>>27509071
lmao

>>27514065
>mock someone that wants physical copy of something they paid for
>is unaware that all vidya will soon become a subscription service
>thinks he got a great deal on a television at rent-a-center

The absolute dumping that is going to occur after hours is literally going to trigger a mass suicide.

>>27516300
Gamestop is basically a studio apartment filled with consolefag games that are either overpriced because they know you’ll pay it or cheap because they’re 10 years old and nobody wants them. Also thanks for that box of games you sold us for $5. That’s the market, amirite? Fuck off, they’re going the way of blockbuster in 5 years no matter what you spergs think about how buying games in a store has SOUL because it’s the only in person interaction you have on a regular basis.

>>27513273
Get out. I don't give a shit about being apart of something bigger, I just want money.
Although I do want kikes to pay tho, so that's nice.

>>27517291
Longer, because the gaming industry's push towards digital games hasn't been going so well. It'll take closer to a decade.

>>27507943
It may have started as a ladder attack, but given today's volume, it has reached the stage of full blown panic selling.

>>27508402
GameStop dying is only partially due to physical copies of games less frequently bought. Haven’t you been in one and been upselled on their dozen little scams?
>hello sir would you like to add our new ultra gaming monthly subscription bullshit blahblah
>no? Well can I interest you in....
If anything, gamestop’s shitty tactics and laughable trade-in amounts are the reason that steam and console stores became so popular in the first place. The company just sucks.

>>27512143
Yes and that was just from demand - the squeeze hasn't even started yet

>>27509153
Back to doubles retard

>>27510818
>It's being phased out like it or not.
No shit retard but the phase out period is 10 years from now. GME was undervalued at $3. https://youtu.be/GZTr1-Gp74U?t=334 Just because it's overvalued now by dumb redditors doesn't mean it's not a solid company.

>>27511497
Yup. The short situation that sparked all this still exists. The current sell off can be attributed to 1) massive hype gains now correcting, and 2) the expected FUD campaign by the HFs.

I mean it would be stupid to think the HFs wouldn't be fudding right now, so calibrate perception based on that knowledge.

>>27511472
My crush rejected me for my dyke female friend. She's married and has a kid now.

>>27508402
As a boomer, I like my physical media. Buy why would I use a dedicated physical store when Amazon sends me the game in a day with Prime, often cheaper than GameStop?

>>27508576
>>27510614
I love how the Volkswagen Squeeze is such a biz meme, but everybody still gets it wrong.
Basically Porsche cornered the market and suddenly retail investors only held 1% of the stock while VW was shorted 12,8% of total stock and since Porsche are not retards buying stock on a phone app, they were able to say; ‚hey, I own the stock you borrowed to short, now give it back‘ and earned 10 billion doing so.
https://moxreports.com/vw-infinity-squeeze/

Sold thursday for 385 euros per share.
Bought at 60.

Made 40k profit.
Enjoy waiting for something that will never come. Your GME stocks will always reminds you of your failure to sell at the top.

>>27517864

You are literally retarded if you think short interest is still what it was last week. Did you even have a brokerage account before last week?

Shorts have covered over the weekend and last friday through trades with ETFs and other funds that were holding GME. This does not affect market price or trade volume.

The 50% short interest still being reported (down from over 120%) are new short positions opened up at the top.

Those still waiting for a short squeeze are bag holders. The short squeeze happened last week. It's over.

>>27507048
Honestly watching r3ddit and the brain dead normies who bought into this thinking theyd make an easy 10x is very enjoyable. Thanks to them we will likely face new regulations.

I bought another share guys lmao

please go up, im not rich

>>27517566
>the gaming industry's push towards digital games hasn't been going so well.
Really? My anecdotal evidence says otherwise, but whatever. Speaking for myself if it comes down to going out and buying a game in store or just not playing games ever it’s the latter.

>>27511371
How are they driving the price down?

>>27517930
Not comparable to the image of two women with boyfriends. Anyway be glad you dodged a bullet, move on from the dumb bitch.

>>27507194
You can’t flout fundamentals forever, GME is a $20 stock. Anyone that hasn’t sold yet is a retard. Paper gains don’t mean shit.

>>27511472
My wife surely does so those women are there and you are dumb if you think otherwise.

>>27508402
>Physical media is not dead
Physical distribution of electronic media (video games) is though.

>>27519556
Ok soi

>>27518735
Why didn't it dump to 20 today? Playing devils advocate here

>>27511137
Should add a few more circles so they are all thinking about it. I'm a phonelet right now at work so someone else has to do it.

>>27508221
>>>>>>>>>>>>Makes Hedgies Richer
>>>>>>>Hedgies bleeding mone
??????????
are the shills this stupid?

>>27513273
What the fuck is this shit. We are here just to make money. Whole wsb thing is just dumb as hedge funds are already covered there shorts and there is no more buyers.

>>27514261
lol they don’t need your business retard they are making plenty of money without you and your boomer shops are going out of business, i understand you don’t like it but how can you deny it lol

>>27518829
You'll never be either, acting as fucking stupidly as you already have

>>27511137
I hate that all women are whores

That’s the whole point of wsb. They are showing true autism by crashing and burning.

>>27519710
Why does it matter if some women like other women too. There is huge perks to have that kind of woman and you are moron if you don't see them

>>27520581
Its a meme dude

I always predict things right. I bet on Trump winning the election, then they rigged it. I bet on GME, then they hated trading at 500 to manipulate the short squeeze. Fuck this rigged world. Burn in hell niggers.

>>27507194
*undervalued. They restructured and hedge funds thought no one would notice. They ditched funko Pop and now sell PC parts and streaming gear and have tons of digital services that are new. They have a real chance of doing a lot better in 2021. I expect good things form their Q1 reports.

>>27510916
Oh, so it's a $10 stock instead of $5. Wow.

>>27515296
HAHAHAHAHAHA

>>27507048
nigger is gonna get fucking rekt lmfao

>>27507048
So all these brokers were batching and moaning about gme being a casino before they SHUT IT DOWN and then they actually let people take out loans to gamble once the bubble popped? Fucking pukes.

>>27517015
The only thing I'm curious about is if this could prematurely kill Gamestop. I know they've been trying to squeeze all the shekels they can before it goes under, but I'm thinking they might just overmilk the old girl and put her in the grave.

>>27510595
>captcha implemented to stop the bots
>they still come anyway and work around it
>captcha still a thing in 2021
A tale as old as time.

>>27519556
>>27520908
Go back to Plebbit you absolute degenerate soi cuck.

>>27509493
kekd and saved
im having a blast laughin at my normal friends who bough in 1 day after I told them and then ignored when I said it was too late.
They legit still holding the bags in case a miracle run happens.

>>27508402
The next Playstation and Xbox likely won't even have disc readers.

>>27507048
no THEY'RE NOT you fucking autist.

They're wallstreetBETS not wallstreetINVEST.

Fuck outta here, why you care so much? They posts regularly hundred thousand losses and laugh about it, they don't fucking care. IF you're not the smooth brained autist bettor, get the fuck out. No sympathy for anyone making losses because you should be HODLING instead of selling. All the autists are still hodling, and you idiots who came in thinking you'd make a quick buck without the belief or the diamond hands? LOL I'm happy you're leaving money in the autists hands.

Remember, melvin is out in full force spreading FEAR UNCERTAINTY AND DOUBT. And I'm all in with buying physical silver and HODLING GME. Hell I hope I come across more money to buy during the dip. I'm not selling until GAMESTOP folds entirely and goes bust. I fucking love video games. My wallet, my choice. Fuck you hedgies.

>>27523338
Very nice bait copypasta, I'll be using this good sir.

>>27511137
bro you think wallstreet was going to take this lying down?

These are all shills on wallstreet posting FEAR UNCERTAINTY AND DOUBT.

Why the fuck STAKE in AUSTRALIA halted gamestop shares today? Why you think they halted Physically backed Silver stock but didn't stop the selling of paper derivatives of silver? Why you think they stopped you buying Nokia, AMD and AMC?

Bro they're shilling here so hard, but their actions speak louder than any dumbass wallstreet juden on here.

>>27507048
lol fucking wow.

Wallstreet kikes and niggers are this desperate, look how many shills are in this thread trying to create FEAR, UNCERTAINTY AND DOUBT. If these clowns were real posters and not wallstreet kikes, they wouldn't give a fuck about what YOU were losing, they'd be posting about what to make money on.

Imagine believing these stupid lies that everything is working out for the establishment, but every action they take looks like one of desperation.

Lol HODLING to the end. I didn't put money in because I wanted a quick buck. Look how us people who are all about "its about sending a message, fuck the losses", are getting drowned out by loser shill posters trying to scare us about losses. Bruh it was never about the profits in the first place, it was about just loving GAMESTOP and now we love AMD, AMC and physical silver.

>>27523434

nigga, that's an original post by me, that's not pasta. Unless you're saying you're going to make it into pasta. Go ahead, let these normies know to fuck off and let the real autists do the dirty work.

>>27524246
>to the moon, we'll be at 1000 in no time, look heckin' epic Elon endorsed us!
>don't sell on Friday fellow anons, th-the squeeze has not been squoze!
>i-it was never about the profits, just HODL, it will go up soon
YOU ARE HERE
>sure it fell back down to thirty dollars but it's not over yet, two more weeks until the surge
>okay I lost everything and ended up holding the bags b-but at least we hurt the hedgies guys, Biden definitely won't bail them out
>yes Biden bailed out the hedge funds but it was really just 4d chess, here's how...

>>27510916
It was a short squeeze from the start when Burry bought it. Just took a year to get there

>>27523316
Xbox is already mostly just digital with game pass. I don't think there will be a next Playstation or Xbox

>>27508194
the stock is deactivated from beign shorted shill nigjew

>>27511371
>Why would you want to open new shorts after driving the price down?
because you want it to go down even further

>>27517864
what's really stupid is thinking that the hedges didn't open up new short positions at the top. of course they did. what, you think they're scared of you? lmao

>>27508046
how many times you people said the exact same example with every dip?

>>27519722
WSB retards keep buying more because they can't accept that they're gonna lose it all. They're doubling down praying to God it spikes again.

>>27526680
sounds like sunken cost fallacy to me ..

Sunken cost fallacy

>>27511472
my gf left me for women and i lost 1000 bucks on $GME

>>27508046

Thank fuck the stock market is so easily predictable with repeating patterns.

At least they're letting people trade stocks again
I think we can all consider it a win for the averaged investor that we forced the trading platforms to let us trade again

>>27517768
tell me what you think a squeeze is

I'll admit i drank the koolaide a bit with this, got greedy, and didn't get as much gains as i could but it's getting sorta sad now. MAybe there will be one more dead cat bounce or something but i don't think people realize the reason why the volume was so high today and it wasn't going up was all the people covering their shorts.

>>27527517
>to let us trade again
no one stopped you, those platforms cant cover the market, stop being lead by this fucking reddit cult lmao

>>27508402
I'm as boomer as one can be and even I've gone 100% digital in the last two years.

>>27507185
what are the hedgies doing? oh yeah
>doubling down