/biz/ - Business & Finance

What am I looking at here? Did he turn $5mil into $700k?

>>27596908
>sacrificing $4 million for updoots
Redditors are mentally ill

Some of these HAVE to be fake. They can't all be THAT stupid

>>27596908
Please, i can only get so erect.

>>27596908
desu with this kind of buy high sell low skill this guy should be the kind of biz

>>27597317
Dunno man, the Leddit mods confirmed it was real if that means anything

>>27597228
He lost 5 million in a few days. Is everyone on this site and internet so fucking greedy that you wouldn't cash out after that? What the fuck is wrong with people

>>27596908
I'm sure every huckster and eel is having a grand old time with this

of course when their lining up around the block to buy your bags who can really blame them

>>27597317
There's literally shitloads of posts like this on WSB at the moment. Because GME is crashing everyone is posting their losses. how much did that deep value guy lose?

came here to see what you guys think about that sort of stuff, for someone like me who doesn't trade it seems dumb not to have cashed out by now
are they really expecting the stock to go back to their highs?
how pressured are the hedge funds?

>>27597490

This is what the average faggot on Reddit will do for sweet karma and rewards.

>>27596908
There's no way these posts are real. It must be the WSB equivalent of the /biz/ posts you see here saying "AAAAHHHHH I BOUGHT BITCOIN AT [insert absolute perfect top of the wick here] AND NOW I'M FINANCIALLY RUINED!!!!" Just shitposting.

right?

>>27596908
is this real ??? they waste millions and tell me pslv is a scam ?

>>27596908
Deep down I knew Reddit could never win, these guys are straight up losers in everything they do.

I like that on /biz/ people tell you "Take profit man, leave the casino with more than you came in with" That diamond hands shit is situational but applying that to every trade is gonna leave you working at mcdonalds.

As someone who doesn't really understand all this how did they think GameStop stock would go to 1k? It's not a dying business but GameStop is becoming more irrelevant with digital downloads slowly becoming a bigger market with higher speeds and data storage. Also, who exactly is going to buy the stock if it hits 1k? Seems absolutely ridiculous.

Someone shill our shit coins there so we can dump on them then buy back cheaper.

>>27597571
Holy fucking shit its the hedgies isnt it. Ive noticed that too, literally 10s of people with multi-million dollar losing positions on GME posting to WSB all in exactly the same format (some claiming to have lost $30m+ in the last week). Since when was WSB full of millionaires? They all bought at $300. (((They))) have figured out that the most powerful way to make them hold their positions is to show them someone else doing the same with 10000x their portfolio value (ie DFV). It makes them feel smart and validated.

This is unironically a hedgie psyop to ruin reddit now. Fake screenshots and accounts claiming to have lost millions to force redditors to hold their positions to $0 and lose everything. Its beautiful.

>>27597686
Go to the sub right now. There's plenty of people posting pics like this. The comments are all encouraging it and the people saying that they fucked up are all getting downvoted to hell.

>>27597571
Thx, fren i coomed.

>>27597317
I think so. I think a lot of these same people posted their gains prior to gme crashing so you had a ton of broke fucks use their measly savings or college tuition to buy gme because they saw guys making millions. Little did they know, even the rich guys are retarded. Id be willing to bet most of people posting massive losses like this have daddy's money so its no big deal to them.

>>27597909
>It's not a dying business
Yes it is.

>>27597936
>ruin reddit

>>27597909
look up some youtube video about it, they were relying on a short squeeze happening

As someone who hasn't invested shit into the GME, isn't it free money? Why is pouring money into GME a bad thing? I literally don't understand. I know there are shill posting demoralisation threads but also bagholders trying to minimize their losses.

Why is buying more of these shares a bad thing and why is the price plummeting?

>It's about sending a message
So what's the message after all?

>>27597703
silver didn't do shit so why they happy

>>27597985
Given the rep 4chan gets its crazy to me that the people here are actually much more relatable. Maybe all the jew and nigger stuff is necessary to keep a place like this from turning into Reddit.

>>27597659
>how pressured are the hedge funds?
not even in the slightest bit, although they do have casualties - a few hedgies literally died from laughing at ledditors

Thank god fuck plebbitors. I will lick mr Goldsteins boots before agreeing with a plebbitor, his underdog

>>27598372
It's not. People just want you to think it is. At this point, it's what the majority believes; like fiat

>>27598508
Because it's much smaller and hasn't been invaded by literally everyone on the planet who heard about a get rich quick scheme

>>27597936
Not hard to ruin a flaming piece of dog shit

>>27596908
>>27597228
>>27597310
>>27597317
The problem with reddit is that they don’t know when to stop. When they start or get onboard something cool/funny they just drag it into absolute retardation. Look at the memes they shit out. They can’t just let a dumb shitpost be a dumb shitpost, they must go deeper and create some fucking stupid lore about it and keep dragging it through the mud. Like a child emulating a teenager because kids look up to teenagers as cool but end up overdoing it. Even big chungus couldn’t be just a stupid meme, they had to create some backstory about how he has space battles with Keanu Reeves. Just shut the fuck up.

>>27597936
lel

>>27597571

>>27597490
At least he isnt a paper handed bitch

>>27598418
The message: wholesome chungus

What's the /biz/ equivilent to this? The bitcoin crash?

>>27598372
It's a pump and dump scheme. The dump already happened.

lul they still try to shill this trash here, don’t check it if you are not a idiots

wanna have income with no risks - use NFT, best opportunity for 2021 kek
I hit upon Playcent and that scam that u try to bring me is not exciting

>>27596908
It's findom.

Egirls, Thots, Onlyfans, Simps, loss porn, GME it's all connected.

>>27598372
It was free money for a time, retail traders were buying as much GME as they could afford (and then some), pumping the price sky high to about $470. Some people bought as low as $10 or $20 and made thousands or even millions, others jumped on the train in the $300s and $400s, and now they're fucked. GME closed at $85 ish yesterday and is currently at $108 in pre-market.

AMC is a similar story on a smaller scale, it peaked at $17 and is now at $8.74. The main difference is that GameStop has a dead business model that will only get even deader as time goes on and games move further into digital, meaning the stock will never see these highs again. AMC on the other hand could possibly bounce back when covid becomes less of an issue in the USA and people return to theatres to see the next Avengos 17: Infinite Retard.

>>27598738
I'd sell and reinvest. But I guess if he did the whole thing would literally come crashing down.

>>27598799
You fucking retard, there’s a difference between paper hands and actually cashing out for profit. Gamestop is a failing company, there is no value in their stock. Holding onto it doesn’t make you diamond hands because it’s certain that it will crash and burn and you’ll never see your money again. There will be no fucking gain with GME at all.

>>27596908
now all these broke retards will give a warm welcome to our new WEF overlords, they have nothing to lose after all
YOU WILL OWN NOTHING
AND YOU WILL BE HAPPY

>>27598606
I don’t think this place could get invaded though, the culture here would disgust your average Reddit too much for them to stick around. Your left with people who are unphased by what they read on the internet, meaning they don’t make decisions based on their emotions.

>>27598372
Never invest anything

>>27598687
IUpvoted

>>27598372
>isn't it free money
It was if you got in early and left when the price was still massively inflated.

>>27599014
Ngmi have faith in the plan

>>27598837
Seriously how do you not kill yourself after losing a million dollars gambling on a plebbit meme stock??? Genuine question, I'd 100% neck myself no way could I live with that shame.

>>27597571
Last I checked he had 13 mil in cash. He won a long time ago.

>>27599279
What's the plan? What's the exit strategy?

>>27596908
Who puts 5 mil on r*binhood

>>27598837
Turtlecoin

>>27599676
Did he make it?

What the fuck is diamond hands can someone explain this phrase

>>27599829
Doubt it, turtlecoin was a disaster

>>27598418
Upboats are cancer

>>27599975
I see a cash out potential at .0002 there is a chance. Tiny but I hope he did.

>>27600319
Silly fool, he's still holding. Turtlecoin is about to explode. Get in now.

>>27598687
yes anon, normies gonna norm. what can you do about it but point and laugh

>>27599339
they don't feel any shame
in fact, they'll keep spouting around for years about how the whole wall street conspiracy fucked their funds and how woke were they for standing against it, all while showing the most abhorrent soi face giving their girlfriends bull a blowjob

>>27596908
Do they actually think hedge funds are losing billions or is this just cope?

>>27598687
its called entropy

trust the plan. squeeze is about to squoze
-Q

>>27599676
>FUCK YOU I WON'T DO WHAT YOU TELL ME
kek
>THUG LIFE MILLIONAIRE
he got two of these
t.holds 5mm of turtlecoin

>>27598687
Based and very accurate post that describes the leddit menace.

>>27600727
im still in for 1MM

there will be at least one pump after v2 rolls out

>>27600858
i'm cooming

>>27598738
he only has 2 options, go broke or get suicided for revealing his identity

>>27597490
Too be fair they could have made a lot more if Robinhood didn't fuck them in the ass during pre-market trading when they couldn't sell and halted buying. There was no way of knowing that would happen because it's literally never happened before. That being said I have zero sympathy for these faggots.

>>27600641
My girlfriend is a graphic designer and back in the day her art teacher told her that knowing when to stop is a skill that many artists lack.

>>27597659
They are living in a fantasy world. The stock will slowly bleed down to 20 dollars over the next weeks/months.
People like that are going to regret for the rest of their lives not cashing out

>>27599676
Hows he doing now?

>>27599829
It did a 3x shortly after he bought it and then died. Hopefully he at least took out his initial and went to college but he's probably working in Mcds with heavy bags of a useless shitcoin.

>>27600858
hachi machi

>>27596908
Ah good. Thanks for making a /JIDF/ General containment thread. Now they can’t pour into other threads

>>27597909
The initial pump to 482 (which WAS THE SQUEEZE, ITS OVER) was a like 30% covering and 70% retards fomoing. People who got in back in September or December latest made 50x their money and the trade played out beyond any coomer's wildest dreams. Johnny come latelies think that a 100x increase is just the floor and that "muh hedge funds" are retarded and have infinite money that they will surrender for your 1 piece of shit share like its bitcoin.

>>27599601
the plan is to rope when GME hits single digit

>>27598687
Shut up, don't fix them. We make shit tons of money off normies being stupid.

>>27596908
This has to be fake

I'm surprised GME didn't sell off stock of their own at the peak like I heard AMC did. Were they not allowed to or something?

>>27599601
Crashing this plane... WITH NO SURVIVORS

>>27598687
Look at where you're posting

>>27604726
I think they probably did but idk when they have to report it, they made an announcement that they potentially would last earnings call.

>>27601761
They already made a movie about him called The Big Short.

>>27597571
They already cashed out ~14M, but their remaining positions went from 32M on Friday to 8M yesterday.

>>27598687
I find the biggest divide between this place and Reddit is because of the single mother children that were never told to shut the fuck up and those who had dads that called you out for saying dumb gay shit.

>>27598922
Clearly you have some heavy AMC bags. AMC is just as shit and nearing obsolescence as Gamestop. Its more than fairly valued at $3 and even if it does come back its not seeing 18 anytime this decade.

>>27597317
The place is flooding with bots that were just created and crying about losses and telling everyone to sell and never talk about anything else.
They went from like 1 mil to 8 mil accounts in a week.
This is due to naked selling, if you look there is still more buys than sells every even while the price drops.
At this point there are most likely many more holders of stock than stock that actually exist.

>>27596908
>my pornstarino
>and then a pajeet comes in
Pottery

>>27606644
you guys really are qtier retards. Trust in the plan as your account gets liquidated anon

>>27606751
Post the nose

>>27606715
That’s a parody account lol

>>27606715
When pornstars are telling you to buy stock thats when you begin to prep an auto sell FOR THE LOVE OF CHRIST SHE BOUGHT DOGE COin AT 8 CENTS (not the first time she was used in a pump and dump though)

>>27607628
Speaking of Musk, what happened with Virgin Galactic?

>>27607284
Wsb is shitting itself over this though
>top comment
>she is probably infuriated for being referred as a porn star.
>>27607628
Lol obviously
Unless you are a lebbiter

doesn't reddit love socialism? why these people have so much money? why can't share with the poor?

>>27596908
>Imagine the type of money you could make off these guys
anon...did you see the doge pump last week? bunch of turbo retards who made a killing in the only up post corona market....who don't know what the fuck they're doing. any time we can shill them out garbage coins...fucking get it.

>>27599892
their hands (which they use to trade) are completely inflexible and unable to react to new informations/situations, like a mineral. that's why they like to call themselves "diamond hands"

>>27608184
theyre sharing their money with wall street already

>>27608184
It’s 2021 anon, white-collar workers and billionaires are now socialists and neets are now neo-nazi terrorists

>>27597703
Apples to oranges

>>27596908
>WSB a loss porn sub
>/biz/ thinks they’re insane by posting
their losses

you faggots are as gullible as the 6 million people who joined the subreddit in the past month

>>27598418
"We're retarded and willing to throw money down the drain for a 'just cause' "

>>27601824
that's what he told her when he was trying to end their taboo teacher-student affair

>5.3M
why would you ever do anything with that but drop it in an index fund

>>27598372
all top500 companis on stock exchange have a more or less reliable price based on its current earnings, profitability and future growth. just buying unreasonable amount of stock of said company will not make it more profitable in the long term as people will call your bluff and starts shorting your position, thus getting the stock back to its ''real''value

>>27599091
also listen to this guy

>>27598687
Why the hell do you know that

I ask myself how in the fuck this dumb people got so rich in the first place...... how can they be so retarded holy shit

>>27608184
America has been printing money like crazy and these guys just turn their help me checks into more money. Then pretend you actually have a good life with a great paying job online and gamble it all away because you don't know better.

>>27607010
>trust the plan
Yeah, you'll be up to $1,000/share in no time pal
lmfao

>>27596908
these are the same faggots who bought tesla at 1k

>>27606715
That isn't a pajeet, it's a meme

>>27611031
Failure to Deliver.

>>27598372
A fabled "short squeeze" turned into a simple pump and dump and the diamond hands still waiting for the squeeze are holding the bag

>>27596908
>This is a fucking cult lol. Imagine the type of money you could make off these guys. These guys would buy anything from you.

You mean like every fucking idiot on this board who is holding crypto bags?

>>27611763
Except we make stacks bitch we don't lose money to the Jews on wall street.

>>27600858
Name please

>>27611833
No one here makes stacks, that's why you're on 4chan.

>>27611833
kek. Crypto fags really are the most delusional of them all.

>>27611763
Name one recent coin that /biz/ shilled that has lost money. I'll wait.

>>27612297
All of them

>>27597909
I honestly believe it was going to happen, but the broke-ass brokers couldn't handle the trades so they restricted buying for like 3 days. Pretty fucked up.

>>27597909
It was supposed to be a short squeeze, brainlet
No one cares about the real value of the stock