/biz/ - Business & Finance

Same... Holding a hefty bag right now...

>>27841201
>hard sell date

anon it was last week

>>27841201
Where did you hear this?

>>27841201
When Robinhood cut the Hedgies a break and allowed them Shorts to recover, that's when you cash out your winnings.

I'm already sitting on a new stock since Tuesday

Just hold it. Worst case scenario is you can use up to $3,000 of lost stock on your tax returns as a tax reduction. Any additional money left over can be carried over next year.

If you spent more than $3,000 and need money ASAP, then you might wanna consult a professional.

>>27841751
>When Robinhood cut the Hedgies a break and allowed them Shorts to recover, that's when you cash out your winnings

No, that's when you start staying the fuck away from the entire market. Its fucking rigged and they arent even hiding it anymore.

>>27841201
I will never, ever, ever sell.

>>27841773
*Tax deduction*

>>27841201
AMC is somewhat safe GME is fucking dead

>>27841201
LOOK AT THIS DUDE

>He didnt sell before the market opened up at $290

I lost $23,581. Just move on. It's not worth the mental anguish of stressing about it daily.

>>27841921
you think hiding under that rock of yours will do anything to help anyone?
if you know how and why the system is broken, then take advantage, right???

>>27841201
You were supposed to sell last friday.

>>27841773
>Gambling on meme stocks
>actually taking itemized deductions

>>27841201
Holding until it reaches 2k+. Ignore all the shills saying gme is dead

>>27842511
Why would you sell AMC low? It actually can recover after chyna virus.

>>27843529
>after chyna virus
Exactly. I'd rather actively invest that money in something else instead of let it sit. I can recoup whatever I lost from that before theaters get back to normal.

>>27842511
retard

Repostan to combat shills and paperhands
1. this was always a gamble, you're retarded if you are "investing" in this
2. the "date" was always 2/9, i.e the next report. We find out the actual short situation then.
You're very fucking stupid if you sell anything before then.
This applied to both GME and AMC.

It's weird
Today started off normal then it's as if someone did "something" and we're back to crab rave

>>27844107
>the "date" was always 2/9
Please confirm source?

>>27844609
That's when the next OFFICIAL numbers come out.
That's when you either lose or win
everything else is talmudic bullshit

>>27844107
>Just two more weeks bro
>Trust the plan
the absolute state of you morons.

>>27844762
What? Read my post faggot, I said tuesday is when we have actual numbers that aren't FUD to asses this situation by.
This whole thing depends on the shorts, and tuesday is when we find out.
Dumb bitch you're not even trying.

>>27844762
I'll be laughing at you when GME hits 10k and Trump goes to the WH on the same day 14 days from now

>>27844871
>>27844936
Just sell, bro

>>27844936
>>27845030

>>27841201
2/9 is when new short data comes out, I'm in for a hail mary.

I mean why not? I mined 25 BTC back in the day and sold later when it was hitting $20 each cause I needed the money (lol).

And then got back into crypto in 2017, took $13k and overtraded it, got bamboozled in the ICO summer and came out with $2k.

So really, I don't give a fuck about GME right now. Honestly it was the cheapest lesson in finance to realize that the entire game is rigged from the start and traditional wealth and markets can go fuck themselves.

DeFi is where it's at. Pulling out everything from the stock market, and took out a loan against my 401k. Turned my contribution to 2% to match my employer and done.

I can make way more money in crypto by just buying stable DeFi blue chips and hodling.

>>27841201
Stupid memes aside, you might want to actually hold for the long run now.
I sold at peak and made a comfy green, but I bought in today after highs went down (or rather lows went lower. More then likely, Gamestop will enter a new venue and value will go back up.

>>27841201
I should've listened to my gut and sold GME last Friday. I sold today at the top of the dead cat bounce.
I'm going to hold onto AMC until late May, theatres reopening and summer movies coming out should cause the stock to spike into the $15-20 dollar range for a little while.

>>27845296
>I should've listened to my gut and sold GME last Friday. I sold today at the top of the dead cat bounce
so not only did you sell at a loss, you couldn't even wait for tuesday?
No one is that stupid, fuck off shill.

>>27844936

>>27844871
shorts are going to be down just because there are tons of FtDs in the system. thats how they game this. DTCC is controlled by hedgefunds

>>27845260
>So really, I don't give a fuck about GME right now. Honestly it was the cheapest lesson in finance to realize that the entire game is rigged from the start and traditional wealth and markets can go fuck themselves
I wonder if we are legally allowed to fuck with Wall Street and its helpers now?

>>27844699
>>27844609

yep it was always known that's when we get the actual short %, not some random neural network prediction shit

>>27845543
>shorts are going to be down just because there are tons of FtDs in the system
Are you retarded?

>>27845543
Bro you have no idea what the fuck you're talking about. All of a sudden everyone is an expert on the back office institutions, their regulations, and their interconnectedness, lmfao

>>27845282
>Stupid memes aside, you might want to actually hold for the long run now.
>I sold at peak and made a comfy green, but I bought in today after highs went down (or rather lows went lower. More then likely, Gamestop will enter a new venue and value will go back up.
Yeah, stocks are a risk investment but GameStop and other stocks like it are guaranteed long term investments as long you hold them. The fact they resort to ladder shorts is great news for a more experienced investor, since the stocks are already over shortened in the first place. This is basically the risky bluff in the stock game.

Wsb is in full meltdown mode and I’m over here like- this happens to me every day into crypto

>>27841921
You can just try and follow the jews moves. You won’t make the big bucks but you’ll have consistent gains. Of course the 1 or 2 times a decade that the jews fuck up you won’t get a bail out like they do so make sure to regularly take your gains and put them in other assets like gold or real estate

>>27841201
most hilarious image ive seen on this board. good job anon

>>27843529
>after chyna virus
>after
Oh anon... you think you’ll be allowed to get off Mr. Biden’s Wild Ride so easily?

>>27845260
This, all it taught me is that I should never put that much money in the stock market. If it crashes boom you lose all your money if you go against wall street’s interests boom you lose all your money. I’m just going to start accumulating more crypto than stocks.

>>27844871
Won’t tell you shit. If all the shorts covered at 40 then re opened their positions at 300 then you’re not gonna squeeze them.

>>27846345
Push for silver and the metal market in general.

>>27841201
i sold last friday bc im not retarded

>>27841201
It's not market makers, it's a horde of retards like yourself just squirming to drop their bags at 0.

>>27845282
>More then likely, Gamestop will enter a new venue and value will go back up.
GME is a 10-15 dollar stock, it's not going to be profitable to hold unless you're in very cheap.

>>27845260
>DeFi
You know the whole purpose of financing is to actually fund productive enterprise right? Crypto doesn’t do that.
You’d be equally justified in trading Magic: The Gathering cards.

>>27841751
>The power of robinhood knows no boundaries
>They control the stock exchange and the minds of sellers around the world

>>27846888
Because there are absolutely no productive enterprises in the crypto industry atm.

Redditors and Normies missed the boat. If you didnt sell last week you’ve already become a bagholder without knowing it.

Bought AMC at 4.84 BEFORE it blew up on reddit and sold for 16.50 as soon as the normies were getting in a few days later. As some of you are aware normies getting in was the death blow for actually making money on memestocks. As soon as the normies found out it was all over the news and there. The key is to be a step ahead of the public in investing and WSB is like 8MM members now so its basically like the public.


t. made 100k on AMC retards getting in late

>>27846402
If shorts exist, then they would be naked at this point, and retail would have no choice but to squeeze to recoup the massive loss.
Retail is not completely helpless but paperhands are definitely an issue.
Given the blatant manipulation today I'd say there's a good 50% chance the squeezirino will happen.

>>27846888
Crypto is maturing, and if you've been in the game as long as many here you'd see that.

Bitcoin used to be something only "hackerman" nerds talked about. It was like "that weird funny project of internet money". Remember the Bitcoin pizza? And "lol those dealerships selling cars for thousands of bitcoin"?

Then came ETH with smart contracts, it started to become something more than a store of value. Functional and interesting to explore how coins could be used for various utilities and operations.

DeFi is the next logical progression of that. Why the fuck would I put my money in a traditional bank to earn a paltry 1-2 APY% a year? Hell, when I can stake USDT to make 8-15% APY it makes me wonder why would I even bother with mutual funds and money market accounts. Fuck investing in traditional methods.

Visa is looking to support USDC and it won't be long before people can opt into being paid in stablecoins.

If I ran a business today I'd accept crypto as payment, almost preferably at better rates. LTC is still great in terms of low transaction costs and speed.

>>27846681
No one gives a fuck about gamestop
this is a poker game between retail and hedgies
if tuesday goes bad you'll lose everything.
>>27847009
>If you didnt sell last week you’ve already become a bagholder without knowing it.
Yes go-I mean guys, sell at a loss due to fake numbers instead of waiting to see what's inside the bags that you're holding.
Post earnings or fuck off.

>>27847009
I feel retarded for this too. I had AMC low at $2.99 and only had 15 shares when it went up to $19. I got FOMO and added some so I added some money on the stock and held because “muh Diamond hands.” Unfortunately, I followed the hype and not the markets so I got fucked out of making a basic $600 to now losing -$200. An expensive lesson but I still hold AMC since I averaged it down to $8 and still got other money on other stocks. Thank god I didn’t go all in

>>27841201
>Is there a hard sell date for you anons?
Sometime in March, before GameStop can issue more shares and put an end to the squeeze potential.

>>27847560
If the short interest really is still 50-100% then there's no way they will last that long. It's costing them billions in interest if they haven't covered yet (and there's no way they have with the shit volume).

>>27842511
>mfw i thought the thumbnail was a jewish flag

>>27847297
If I get the business I want to get going I will accept crypto coins

>>27844107
>Invested 20 quid
>Bought two shares at like 13 dollars each
>Sold at 19.50 last week
>Now have 32 quid

Got a nice crash lesson on investing and now I dumped my 30 quid in to other stocks.

>>27842511
I put in my rent money on the line and I dont bitch about it. The system is rigged, no way I care if I'm poor or not since I know I cant get on the top 1% by working hard. I have an education and I work as a junior dev part time. I make as much a an MC employee. Now I'm just waiting for a revolution to kill as many crooks as I can. I'm bitter and full of hate.

>>27845635
>Legally

No, but you can still knife them, one by one.

>>27847667
We are at the final stage of the GME stock battle. This time is demoralization and false superiority. “Appear strong when you are weak and appear weak when you are strong.”

>>27848281
Oy you got a loisense for dat?!?

>>27846921
It was not just robinhood though all most brokers restricted trading to some degree and took a tire iron to the knees of retail investors.

>>27841201
>THE FACT PEOPLE ACTUALLY WENT IN >AFTER REDDIT ALREADY MASIVLY WAS IN >IT

NEWFAGS

>>27848467
*most

>>27848134
damn save some pussy for the rest of us dude