[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance


View post   

File: 174 KB, 1200x800, 12277307980.jpg [View same] [iqdb] [saucenao] [google]
26624644 No.26624644 [Reply] [Original]

2008 market crash was caused by Bankers giving out too many mortgages that could not be paid.

2021 market crash will be caused by Bankers lending too much leverage to firms who can not cover.

We're going to see multiple hedge funds/institutions declare bankruptcy very soon which will force them to close all their positions and cause a pretty big market sell off. Now something like this isn't really enough to cause a major crash but the real danger is how deep these firms are in the red when their lenders are forced to pay their client's mistake to GME shareholders.

If the lenders(usually giant investing firms and banks) somehow don't have the liquid capital to close out their borrower's positions, then we'll see the dominos start falling as they too start liquidating their own stock positions which then causes a even bigger sell off.

But we're not done just yet. What if GME reaches such an absurd price that results in the huge institutions and banks to owe more money than their entire networth? This is what happened in 2008 and this is what the elites are scared of.

I seriously see this all playing out and GME hitting a ludicrous price in the thousands. The government will be forced again to bailout the incompetent and that bailout money will go directly to you, the shareholder. The market will never be the same after this.

>> No.26624762

don't care buying puts at open

>> No.26624789

>>26624644
Hello 4chan “biz” I am John from the New York Times. Would you like to share your thoughts on this historic moment?

>> No.26624844

>>26624789
How could Biden let this happen?

>> No.26624913

>>26624789
Yes here's my quote for your esteemed paper.
"We did it because they got battle toads back in stock"

>> No.26624990

>>26624844
Do you think this attack was coordinated by alt right reddit trolls?

>> No.26625001

>>26624644
>doesn't understand 2008 crash
>doesn't understand what's happening now
>will never make it

You happening fags shit up this board every now and then and always leave poor.

>> No.26625169

>>26624644
interesting if true

>> No.26625181

Hilarious

>> No.26625342
File: 320 KB, 1220x670, 1611091749754.png [View same] [iqdb] [saucenao] [google]
26625342

>>26624762

>> No.26625498

>>26624990
I heard they actually coordinated through ebaumsworld

>> No.26625517

>>26624990
kek at the question of alt-right
even if people say no it's them anyway it's always them. truth is people are sick of the bullshit

>>26624789
john i want you to suck me off very vigorously. and then get the rope, regards sajeed

>> No.26625558
File: 778 KB, 498x358, tenor.gif [View same] [iqdb] [saucenao] [google]
26625558

>>26624789
Yeah, I've got some thoughts I'd like to share
FUCK NIGGERS
FUCK SPICS
FUCK WOMEN
FUCK JEWS
FUCK THE GOVERNMENT
FUCK THE MEDIA
FUCK GYPSIES
FUCK CANADIANS
FUCK BRITS
FUCK TRANNIES
FUCK THE MILITARY
FUCK THE ECONOMY
AND
most of all
FUUUUUUCCCCCKKKKKK JAAAAANNNNNNNIIIIIIIIIEEEEESSSSSSSSS

>> No.26626006

exactly, that's why you should buy zcash

>> No.26626317
File: 517 KB, 1440x2347, 20210126_205956.jpg [View same] [iqdb] [saucenao] [google]
26626317

What what what what. Im shorting the stock. I take it a promise to return it. Stock prices soar, why do I not just return the stock?

>> No.26626414

>>26625558
INCOMPREHENSIBLY BASED

>> No.26626484

2021 market crash caused by tards on reddit
https://au.finance.yahoo.com/news/elon-musk-gamestop-000403737.html

>> No.26626488

>>26624644
FUCK OFF MELVIN. EAT A DICK !!!! LMFAO

>> No.26626494

>bought 100 shares @$20
holding just to be a part of the ride, don't care if it goes down to zero, it will be worth it to see the jew writhe in agony for the first time in 75 years

#FreePalestine

>> No.26626590

Okay but during the crash my linkies will hit 81k right?

>> No.26627014

>>26624644
Prior to 2008, interest rates rose like crazy, up to over 5%. In 2005, deficit was super small, like 100 billion. Two things crash markets. Age demographics, when everyone is 50, budgets are balanced. And power, or the lack of itt. Take power away from people big enough, and they will nuke the world to get it back.

>> No.26627117
File: 151 KB, 454x453, 796DB0D3-7CEE-4781-A52C-EAFDA846C3A5.png [View same] [iqdb] [saucenao] [google]
26627117

>>26624644
>tfw every citadel will have a GameStop

>> No.26627224

>>26625558
marry me and make me your sugar daddy

>> No.26627301

>>26625498
dafty, it was all through forums.davidicke.com

>> No.26627372

>>26624644
Good. Nigger tongue on my anus

>> No.26627496

God i hope someone buy Melvin's 44M house, bulldoze it to the ground and build a battletoads-themed gamestop in the place

>> No.26627621

I sold my 115 1/29 calls for $10,000 this morning (about 3.6k profit) and then when I was driving home from work I looked again and they were worth $29,700.

Pretty fucking sad about it. Going all in on calls tomorrow morning and I'm fucking holding.

>> No.26627683
File: 425 KB, 1080x2097, 20210126_160631.jpg [View same] [iqdb] [saucenao] [google]
26627683

>>26624789
Yes I do.

>> No.26627709

>>26624644
Just bought 5400 more shares.

>> No.26627724
File: 200 KB, 1600x1150, good laugh mate.jpg [View same] [iqdb] [saucenao] [google]
26627724

>>26624844

>> No.26627756

>>26624644
Hey /biz/ how do I buy GME with only a savings account while I live in Brazil?

>> No.26627771

>>26624789
MY LINKY STAYS SUPER STINKY

>> No.26627788

So can someone explain to a yuropoor how fuckimg gamestop os gonna cause an economic crash?

>> No.26627839

>>26626317
Because you already sold it, anon. That's why this is working. They shorted the stock, promised to return it, expecting to buy back at a lower price. But then people bought it all up and pumped the price way up. They don't have any shares to just hold, they have to buy them.

>> No.26627914

>>26626590
If there really is a crash from this, money is going to POUR into crypto as people lose faith in the market.

>> No.26627943

>>26625558
You forgot faggots like you.

>> No.26627964

>>26624844
checked and based!!

>> No.26627977

>>26624789
Get the fuck out normie and go back to sucking your corporate master's dick. You're here to gather buzz words for you corporate slander shill shit. Here's one: poopoo peepee

>> No.26627988

>>26624644
https://en.wikipedia.org/wiki/Michael_Burry

>> No.26627989

>>26627839
Imagine your bank calling you saying all your money is gone because they had to liquidate all assets to buy back shares that were borrowed.

>> No.26628012

>>26624644
>But we're not done just yet. What if GME reaches such an absurd price that results in the huge institutions and banks to owe more money than their entire networth?
Lets fucking go anon, idgaf

>> No.26628030

>>26627839

Adding to this that they shorted over 140% of the available shares. So they have to buy back every share, sell them all, and buy 40% of them back AGAIN. Lol.

>> No.26628057

>>26627788
A bunch of Wall Street jew betted on the downfall of Gamestop, so if it skyrockets they'll lose a ton of money, possibly generating a big market crash as the hedge funds cannot back the investors on their loss.

>> No.26628062

>>26627989
meant for
>>26627788

>> No.26628065

>>26627988
p0TJcaAB has spoken, he saw this coming months ago and saw it coming in 2007

>> No.26628154

>>26627621
See, this is why imma not vaccinate my kids. This shit right here.

>> No.26628169
File: 535 KB, 4200x1860, 1599018328572.jpg [View same] [iqdb] [saucenao] [google]
26628169

>>26624644
domino effect
we just wanted ethics in video games reviews

>> No.26628191

>>26626317
Shorting means you sold the stock for cash when you borrowed it. You are obligated to return actual shares to the people you borrowed from. Regardless of the price.

>> No.26628206

>>26624789
did you just referred to us without an appropriate pronounce? Check your privilege you bigot

>> No.26628208

>>26628062
Ahh, i see.
So Reddit hyped up gamestop and made it's stock price rise, but then what?
Does gamestop owe money to the investprs now?
How dpes this affect the entire economy?

>> No.26628214

>>26624789
Hedge Hedge is on the edge, about to jump from the ledge, a bailout is not on the way, he run to the stairway, soon his face in tv was, as he fall to the ground he cry, and in liveleak his demise we all watch

>> No.26628221

>>26624644
Cool

>> No.26628235
File: 116 KB, 1280x720, glee.jpg [View same] [iqdb] [saucenao] [google]
26628235

>>26624789
Real life women suck and I hope you die by noose, 7.62x39, .45, 9mm, 5.56x45 or beheading
Fuck Journalism

>>26624844
too busy making executive orders to make blacks feel relevant

>> No.26628240
File: 189 KB, 498x520, 888757.png [View same] [iqdb] [saucenao] [google]
26628240

>>26625558

>> No.26628278
File: 43 KB, 590x972, 13F67EDB-354A-4FFF-9262-3FF1CC795B47.jpg [View same] [iqdb] [saucenao] [google]
26628278

>>26624789
niggers

>> No.26628322

>>26624789
NIGGERS
TONGUE
MY
ANUS

>> No.26628325

>>26627914
the bullrun of late 2021 will be the paradigm shift

>> No.26628409

>>26624644
Fuck em

>> No.26628424
File: 2.26 MB, 200x284, 1610840578892.gif [View same] [iqdb] [saucenao] [google]
26628424

>>26625558
King of /biz/

>> No.26628425

>>26627788

Global pandemic ravages economy. Fed pumps economy with cheap $$$ to keep the market alive. Fed thinks this is fine and they can keep printing more because inflation hasn't skyrocketed for some reason.

Now everyone just realized that hedge funds were taking this cheap cash and using it to short retailers (as well as pump non-profitable money pits like TSLA, uber, etc.)

Now it became apparent that one of those shorted retailers, GME, is not going bankrupt. Price started rising and since 140% of available shares are shorted, a short squeeze is imminent and margin calls are coming. At least one large hedge fund is being liquidated tomorrow and others are sure to follow. Their debt will be passed on to market makers like Citadel (who gave Melvin Capitol a 2.75B bailout yesterday... and they're STILL fucked).

This has exposed cracks in the foundation of our markets and could really wreak havoc.

>> No.26628457

>>26627788
Sure.
>Hedgefund thinks GME is dying
>Shorts the stock creating a self fulfilling prophecy
>Nobody is buying GME so they just keep shorting over and over
>Shorting is basically borrowing shares. You sell them immediately then buy them back when the price is lower for a profit.
>You are LEGALLY REQUIRED to buy back the shorted shares
>If they can short it to zero they never have to pay back the shares they borrowed
>Reddit retards notice this
>Start buying GME
>Suddenly hedgefund can't buy back shares at a lower price
>People refuse to sell to them
>Every day they don't sell the interest on the borrowed shares increases
>The more they try to short the more the retards buy
>This causes the price to wildly inflate as the hedgefund tries to psychologically motivate the holders to sell
>The holders know they have the hedgefund by the balls and refuse
>Everyone takes notice of this wild anomaly
>Everyone starts dogpiling on
>ohfuck.gif
>Hedgefund goes bankrupt
>These shares still need to be paid for though
>Broker now needs to convince the retards to sell
>Retards won't sell!
>ohfuck2.webm
>Brokers go bankrupt and the banks inherit the debt
>Banks are not actually solvent thanks to Corona legislation
>Government has to bail them out
>moneyprinter.brrr
>Whole market and economy implodes

>> No.26628515

>>26628425
but do they have battletoads?

>> No.26628522

>>26628057
What guarantee does anon speculate will skyrocket gameshit?

>> No.26628545

>>26624644

FUCKING GAMESTOP

>> No.26628550

>>26624789
suck a wet fart from a tranny's open wound

>> No.26628556

>>26628457
You forgot
>Shorted 140%

>> No.26628558
File: 152 KB, 976x850, 1609910248537.png [View same] [iqdb] [saucenao] [google]
26628558

>reddit started the war on kikes

>> No.26628561

Chances for all the money in the world to be redistributed to GME shareholders?

>> No.26628584

Occupy Wallstreet has evolved. Fuck the kikes. Fuck jannies.

>> No.26628590

>>26628457
>>26628425
God, fuck im such a newfag to /biz/ shit
A hedgefund is the main body of money that finances the company pr whatever right?

>> No.26628698

>>26628515
i ordered the >9000 mudkipz edition today

>> No.26628708

>>26628522
It's what r/wallstreetbets and /biz/ is doing right now, we're making it skyrocket to fuck wall street in the ass.

>> No.26628776

>>26628558
Well, /pol/ has been reddit for at least four uears now and they are allready coping for not being the ones to do it lmao

>> No.26628819

>>26628522
The plan is to buy and hold until the short sellers papers expire, you'll basically crash the market by squeezing Gamestop stocks.

>> No.26628845

>>26628590
Hedge funds are big companies that manage investment portfolios for other people.

>> No.26628851

>>26628208
No, GameStop owes nothing at all. The people that were betting on it failing owe their brokers for the stock they borrowed. Here is how it breaks down:
>I tell my broker I want to short GME
>Broker lends me 100 shares at $10
>I sell for $1k with a set date for when I'll buy back in and return the shares
>The stock drops to $1
>I buy 100 shares at $100 and return the shares to the broker
>I have now made $900 from absolutely nothing
But this time, they just kept repeating the process thinking they could do it down to ZERO and then never have to repay those shares. Pure profit. They got caught. Now the investors are exposed because they can't cover the debt. The brokers are exposed because they can't cover the debt. The banks are exposed because they can't cover the debt.

>> No.26628872
File: 203 KB, 1752x1758, A5C7F1FE-20C0-4675-80AB-6817780AFB63.png [View same] [iqdb] [saucenao] [google]
26628872

>>26624789
Please inform your audience that I made this peepee

>> No.26628877

>>26628590
A hedge fund is a bunch of wealthy fucks giving a minimum of $250k to some money manager to manage their portfolio (for a fee)

A market maker (Citadel) is the hedge fund's broker. They inherit the debt when the hedge fund gets liquidated. Marker makers absolutely CAN NOT go bankrupt or the entire financial sector collapses. That's why they're supposed to be a neutral party (every trade they make, they make the exact opposite trade to stay hedged). If they get saddled with too much debt because they gave out hedge funds too much margin and their investments explode... well... that is an issue.

>> No.26628897

>>26628169
holy based

>> No.26628962

>>26624644
It could hit 4,206.9

>> No.26628973
File: 64 KB, 625x500, Pepe Investments Intl.jpg [View same] [iqdb] [saucenao] [google]
26628973

ANONS LISTEN UP! CAPS LOCK FOR CRUISE CONTROL ENGAGED

WATCH THIS IF YOU'RE RETARDED AND NEED A RUN-THRU:
https://www.youtube.com/watch?v=4EUbJcGoYQ4&feature=emb_logo [Embed] [Embed] [Embed]

FRIDAY IS NOT THE *BIG* DAY, THAT IS JUST ONE SMALL SQUEEZE
DO *NOT* SELL FRIDAY

THE SHORT SQUEEZE WILL PLAY OUT OVER THE NEXT 1-2 MONTHS AND MAYBE LONGER
THE LONGER YOU SIT ON STOCKS, THE MORE INTEREST ON LOANS HEDGES HAVE TO PAY ON THEIR SHORTS
WHEN THAT HEDGE CAN'T PAY AND GOES BELLY UP, THE RESPONSIBILITY MOVES UP TO THE LENDER WHICH BOUGHT THE SHORT
THE SHORT KEEPS MOVING UP THROUGH EVER LENDER WITH MONEY, ACCUMULATING INTEREST, UNTIL THEY CAN BUY THE SHORTED STOCKS
WE ARE HOLDING POTENTIALLY ENORMOUS WALLSTREET ENTITIES AT RANSOM!
THERE ARE POTENTIALLY UNTOLD AMOUNTS OF CAPITAL TO HEMORRHAGE FROM THE BANKS

MELVIN CAPITAL JUST GOT COVERED FOR 3BIL AND IT'S ALREADY FUCKING GONE

ALL THAT MONEY WALLSTREET HAS BEEN SIPHONING UP OVER THE PAST DECADES IS NOW UP FOR GRABS
THE LONGER WE HOLD THE SHARES, THE MORE INTEREST THE SHORT ACCUMULATES, AND THE MORE TENDIES WE GET FROM THE BOOMERS

BUY AND DO *NOT* SELL, THE STOCK VALUE IS NO LONGER DEPENDENT ON GAMESTOP'S PERFORMANCE AS A COMPANY, BUT BASED ON HOW BADLY THE OWNERS OF THE SHORT NEED TO OFFLOAD IT TO STOP ACCUMULATING INTEREST ON IT

THINK OF IT LIKE CROCODILES FUCKING UP ZEBRAS
SOME GROUP OF LENDERS OWNS THESE SHORTS, AND HAS THESE HEDGES STUCK IN PLACE
THE LONGER WE HOLD THEIR HEADS UNDERWATER, THE MORE THEY'RE WILLING TO PAY FOR AIR
IF YOU SELL EARLY YOU ARE GIVING THEM AIR, THESE SHORTS *HAVE* TO BE PAID AND WE WILL EAT HEDGE FUND AFTER HEDGE FUND UNTIL OUR HUNGER FOR TENDIES IS SATED

DO *NOT* SELL FRIDAY

>> No.26629014

>>26628590
Hedge funds are an equity vehicle. They have people managing investments for rich people and usually have asset minimums. As in, they won't manage your assets unless if you have a minimum of $1m. You give your money to Harvard Joe to invest and grow for you, and he gives you a 5% return on your money and takes a .25% fee as his payment. Combine $1mil of 100 rich people and he is in control of $100 mil. He starts banking on companies going bankrupt and people losing their job during a pandemic and upset the masses.

That is why you never tell people your plays. Money talks, wealth listens or whispers.

>> No.26629023

>>26628877
>>26628845
Thanks.
So what is the govt gonna do now? Just print more money?
Send deathsquads to shareholders houses?

>> No.26629123

>>26629023
it hasn't gotten to that point....yet

>> No.26629165

Fucking hell, so what’s going to happen to btc if this shit goes belly up? Back to $15k?

>> No.26629224

>>26624644
kek, i would probably kill every GME retard i meet if that happens

>> No.26629231

>>26628973
>>26629023
If it got too out of hand I'd imagine the most centralized weakest link would be Game Stop itself, what would stop them from issuing enough shares for the banks to cover the shorts?

>> No.26629233

when you finally understand why it's called Robinhood

>> No.26629261

>>26629023
They can hope this stays small enough/contained enough that it only takes out Melvin. That'll be the end of it. Banks blame retail investors and lobby for new legislation to restrict retail investors from trading options, increase taxes/fees, etc. Then they'll continue to engage in illegal naked short selling over 100% of a companys stock to force them into bankruptcy. Eventually there are no retailers left, just Amazon and Facebook ads.

>> No.26629307

>>26624644
You’re retarded if you think gme will even be a scrape to the markets.

>> No.26629499

>>26629233
Witnessed

>> No.26629548

>>26629233
Based.

>> No.26629569

>>26624644
Please debunk this:

>i'd be careful getting it on it m8. it's getting a lot of media coverage now so the price will probably pump up some more, but it's all based on memes so a panic sell off is definitely imminent, price is not stable at all or based on the business being any good

>> No.26629624
File: 55 KB, 440x306, i6u5xgb8kyp31[1].jpg [View same] [iqdb] [saucenao] [google]
26629624

>>26629233
>I've come to stop this game

>> No.26629648

>>26629261
> Banks blame retail investors and lobby for new legislation to restrict retail investors from trading options, increase taxes/fees, etc
Doubtful. They need dumb money for easy profits. Otherwise they're eating themselves unless they all become value investors.

>> No.26629699

>>26629569
The market has too many people coordinated on selling extremely high and the short sellers are way overextended on this.

>> No.26629706

>>26624789
GAS THE SHORTS!
STONK WAR NOW!

>> No.26629746

>>26629261
Melvin's got plenty of other holdings though, I'd think it will send other stocks reeling when their positions are liquidated to cover their debts
Maybe not enough for a market meltdown, but at least some serious damage, not to mention what happens to Melvin's backers like Citadel after that multi-billion dollar investment in them.

>> No.26629752
File: 113 KB, 627x1280, 40ECD10D-244B-4CC0-BC2E-87A056ECA408.jpg [View same] [iqdb] [saucenao] [google]
26629752

>>26624644
>tfw too late to take all the jew money away from them
>tfw retarded normie roommate got on it before me and won’t shut the fuck up about it
why did i wait so long to get into this shit

>> No.26629858

>>26629231
you can't just issue shares

>> No.26629876

>>26629746
What else did they short beyond GME and BABA?

>> No.26629886

>>26625498
I heard it was coordinated through efukt, the SEC should check out that place.

>> No.26629964

>>26629886
Really? I thought 9gag started this.

>> No.26629966

>>26624644
FUCK, THIS GODDAMN RETARD COUNTRY DOESN'T LET ME BUY INTERNATIONAL STOCKS, FUCK BRAZIL.

>> No.26629967

>>26629752
It's not over. There's a real chance this goes to $1000 if the SEC doesn't do something dirty to bail out the kikes.

>> No.26629973

>>26629746
Citadel would be bailed out by the gvt. at any cost. Anyways, I think the panic alone of multiple hedge funds being liquidated could trigger a sell-off (even if short lived). If only Melvin goes under it won't register as a blip really.

The scary part to me is that IF there is a sell-off then the fed is going to inject more liquidity. Too much cheap fed cash is exactly how we got here in the first place though. There is no easy fix other than to just ride it out.

>> No.26630044

>>26629966
based dubs for brazil

>> No.26630123

>>26624644
so my guess is once they try to liquidate their inventory, we buy low and sit on it correct?

>> No.26630162

who buys the stock when it's shorted?

>> No.26630188

>>26629752
I've got zero in the bank rn, but I'm not beating myself up over it. If the market does crash, I'll buy the dip and HODL. Just like I did with my crypto last year.

>> No.26630194

>>26624789
im from /v/ but i will say this... we beat the jews today.. print that you kike.

>> No.26630196

>>26629967
i don’t have $250 to put down on memes like that anon, i bought a couple amc shares but that’s all i can do

it hurts bros...

>> No.26630248

>>26624762
unironic retard

>> No.26630252

>>26630162
WE DO
WE DO

>> No.26630258

>>26630196
See >>26630188

>> No.26630302

>>26624844
kek ebin thread

>> No.26630304

>>26624789
N

>> No.26630330

>>26624644
ANYONE HERE KNOWS IF THIS WILL AFFECT THE DOLLAR, I'M READY TO CASH IN CURRENCY INVESTMENT.

>> No.26630367

>>26630188
yeah, think i might just put my tax return into btc or something this year

unless fucking gamestop bankrupts wall street and america goes up in flames

>> No.26630384

>>26629973
>Citadel would be bailed out by the gvt. at any cost
Oh how I would love to see that stuttering demented retard try to explain it. He literally can't, they'd kill him so she could.

>> No.26630499

>>26628457
someone tell me how the fuck to profit from all this

>> No.26630580

>>26624789
Can you still open windows in NYs skyscrapers?

>> No.26630621

>>26625558
Based

>> No.26630684

>>26630499
THE PURPOSE IS NOT TO PROFIT, JUST PUMP THE MONEY AND WAIT FOR THE CRASH.

>> No.26630757

>>26630367
Either way, I've got nothing big to lose.

>> No.26630769
File: 209 KB, 1839x449, do you feel in charge.png [View same] [iqdb] [saucenao] [google]
26630769

>>26624789
*ahem* Fuck the kikes, fiat system collapse now.

>> No.26630774

>>26628169
>according to sources

>> No.26630844

>>26630499
>Buy GME
>Sell at ludicrous price
>Roll funds into crypto
>Laugh while the entire world burns

>> No.26631066

How the fuck do i trade if im not american

aaahhh fck

>> No.26631117

Question: What other stonks should I keep an eye on until I'm ready to buy? I've got AMC, BB, and BBBY written down so far.

>> No.26631176

>>26631117
EXPR

>> No.26631202

>>26630123
buy calls if we go into a deep selloff.

>> No.26631276

>>26630367
if you had invested in $GME you wouldn't have a tax return. You'd be paying like $20k. Which is not the worst problem to have.

>> No.26631309

>>26631066
THERE'S CERTAINLY A WAY TO DO IT IF YOUR COUNTRY IS NOT TOO RESTRICTIVE.

>> No.26631346

>>26630384
All he has to do is read whatever Goldman Sachs/JPM wrote for him on a teleprompter and sign a piece of paper.

>> No.26631381

>>26631309
shhh this is a library

>>26631276
newfag question - are cap gains taxed based on profits when you sell or does the money actually have to hit your bank account

>> No.26631382

>Retards and autists cause the Greater Depression by buying fucking Gamestop
I love this timeline. Power to the players indeed.

>> No.26631435

>>26624644
>2008 market crash was caused by Bankers giving out too many mortgages that could not be paid.
>t. reddit
In reality, the cause was dem politicians forcing banks to give out mortages to minorities who were in no position to ever pay back the debt.

>> No.26631442

>>26629231
Stock offerings need valid reasons. It would be possible but I dont even think Gamestop management wants to help out the hedgefunds, why would they? They realise that their stock is just a giant seesaw, hedgefunds are left with their feet dangling in the air but eventually they'll get the upper hand.

>> No.26631451

>>26628235
Biden has done literally nothing for blacks I think you meant when 11mill illegals he’s giving citizenship retard

>> No.26631480

GAMERS RISE UP

>> No.26631505

>>26631381
taxed as soon as gains are realized (sold and funds settled). Taxed at a rate of 22-34% depending on how rich you are.

>> No.26631511

>>26630252
This, apparently

>> No.26631517
File: 8 KB, 244x206, BD77A59E-F162-4A0F-88E4-E6E4292DAEDB.jpg [View same] [iqdb] [saucenao] [google]
26631517

>>26631276
fair point anon

i’m still very tempted to buy a share, i mean if it’s guaranteed triple what i pay for it right now then $200 isn’t really an issue is it...

i’m too retarded for this

>> No.26631530

>>26627117
>that pic
very based

>> No.26631534

>>26631381
It's based on profits made when you either sell or trade AFAIK

>> No.26631542

>>26624789
Here's a quote jewboy, 'We just wanted to play video games, when you're fighting Chinese owlmen for the last bottle of radiation pills, blame Zoe Quinn'

>> No.26631555

>>26624644
https://www.youtube.com/watch?v=Lbs7DVULJLo

>> No.26631581

>>26624913
based

>> No.26631626

>>26628169
>getting this blown the fuck out from a trade
kek

>> No.26631641

>>26631505
>>26631534
well I wanna be mad about the government taking muh money but this shit's gambling so fair play

>> No.26631646

>>26628057
They can't lose any more money than the market cap of gamestop before this surge. This isn't enough to collapse the economy. Hedge funds won't go bankrupt. Their clients will lose a little money, very little.

>> No.26631649

>>26631517

I didn't believe it either. When it was $21 I was laughing and saying to buy puts. Then it shot up to $26 so I threw $2,000 at it... it went to 37. And kept going. And going. And going. Every time I think its finally going to pop, it goes to some retarded unimaginably high number I didn't think possible.

>> No.26631661

call your local gamestop and ask if they have battletoads

>> No.26631683

>>26624990
Arggg those blasted alt righties at it again! This and climate change were the last straw.

>> No.26631694

>>26631451
The point I'm trying to make is that the senile cheater in chief isn't going to do shit

>> No.26631778

AMC is next, better get in while you can.

>> No.26631824
File: 9 KB, 255x253, 7CEA6382-7F77-4D91-B6DB-9B59AE6ED419.jpg [View same] [iqdb] [saucenao] [google]
26631824

>>26631649
you’re gonna make me spend money anon

>> No.26631826

>>26628973
>ANONS LISTEN UP! CAPS LOCK FOR CRUISE CONTROL ENGAGED
>WATCH THIS IF YOU'RE RETARDED AND NEED A RUN-THRU:
>https://www.youtube.com/watch?v=4EUbJcGoYQ4&feature=emb_logo [Embed] [Embed] [Embed] [Embed]
>FRIDAY IS NOT THE *BIG* DAY, THAT IS JUST ONE SMALL SQUEEZE
>DO *NOT* SELL FRIDAY
>THE SHORT SQUEEZE WILL PLAY OUT OVER THE NEXT 1-2 MONTHS AND MAYBE LONGER
>THE LONGER YOU SIT ON STOCKS, THE MORE INTEREST ON LOANS HEDGES HAVE TO PAY ON THEIR SHORTS
>WHEN THAT HEDGE CAN'T PAY AND GOES BELLY UP, THE RESPONSIBILITY MOVES UP TO THE LENDER WHICH BOUGHT THE SHORT
>THE SHORT KEEPS MOVING UP THROUGH EVER LENDER WITH MONEY, ACCUMULATING INTEREST, UNTIL THEY CAN BUY THE SHORTED STOCKS
>WE ARE HOLDING POTENTIALLY ENORMOUS WALLSTREET ENTITIES AT RANSOM!
>THERE ARE POTENTIALLY UNTOLD AMOUNTS OF CAPITAL TO HEMORRHAGE FROM THE BANKS
>MELVIN CAPITAL JUST GOT COVERED FOR 3BIL AND IT'S ALREADY FUCKING GONE
>ALL THAT MONEY WALLSTREET HAS BEEN SIPHONING UP OVER THE PAST DECADES IS NOW UP FOR GRABS
>THE LONGER WE HOLD THE SHARES, THE MORE INTEREST THE SHORT ACCUMULATES, AND THE MORE TENDIES WE GET FROM THE BOOMERS
>BUY AND DO *NOT* SELL, THE STOCK VALUE IS NO LONGER DEPENDENT ON GAMESTOP'S PERFORMANCE AS A COMPANY, BUT BASED ON HOW BADLY THE OWNERS OF THE SHORT NEED TO OFFLOAD IT TO STOP ACCUMULATING INTEREST ON IT
>THINK OF IT LIKE CROCODILES FUCKING UP ZEBRAS
>SOME GROUP OF LENDERS OWNS THESE SHORTS, AND HAS THESE HEDGES STUCK IN PLACE
>THE LONGER WE HOLD THEIR HEADS UNDERWATER, THE MORE THEY'RE WILLING TO PAY FOR AIR
>IF YOU SELL EARLY YOU ARE GIVING THEM AIR, THESE SHORTS *HAVE* TO BE PAID AND WE WILL EAT HEDGE FUND AFTER HEDGE FUND UNTIL OUR HUNGER FOR TENDIES IS SATED
>DO *NOT* SELL FRIDAY
Based af and bulls repeating

>> No.26631876

>>26631826
>https://www.youtube.com/watch?v=4EUbJcGoYQ4&feature=emb_logo [Embed] [Embed] [Embed] [Embed] [Embed]

Definitely worth the 30 minutes of your time.

>> No.26631908

>>26631826
isnt this only dependent on... EVERYone NOT selling? Not gonna happen, people are gonna drop off at the big benchmarks like 400, 500, 1k

>> No.26631964
File: 25 KB, 354x286, 1571678832967.jpg [View same] [iqdb] [saucenao] [google]
26631964

>>26631824
just don't spend anything you can't afford to lose

>> No.26631965
File: 275 KB, 1293x1800, 1608619666119.jpg [View same] [iqdb] [saucenao] [google]
26631965

Don't bail outs trigger inflation? Fed printing money bailing out people for their over leveraged losses. They will probably let them go bankrupt and impose regulations. Fed bailout will just make the rich richer with their inflated dollars.

>> No.26632015

>>26624789
Just want to say I'm really glad I finally made a good decision for once in my life

>> No.26632032

>>26631964
can you buy less than a share? i’d be ok with $100 gone

>> No.26632040

>>26624789
i FIZZY ENEMA 2 LITRES OF COCA COLA INTO MY ANUS

>> No.26632067
File: 497 KB, 1076x532, a fucking clown.png [View same] [iqdb] [saucenao] [google]
26632067

If you would have told me I would have spent $2 dollars let alone $200 on gamestop stock in 2021 I would have called you a fucking clown.

Well, honk honk motherfuckers.

>> No.26632080

>>26624644
I’m actually a good trader compared to Melvin shit

>> No.26632103

>>26624644
Ok, here's the plan. I'm selling about 1000 worth of SPY tomorrow, putting another thousand on top and buying GME.

I'm then hodling until monday and selling at 1000 a share.

Then I'm putting all my earnings into Nintendo for the upcoming earnings report in march.

>> No.26632104

>>26632032
yeah most apps allow you to do so. don't think you can make calls or puts on less than a round share but that's alright since you're just playing

>> No.26632120

>>26624789
HAHHAH HEDGEFUCKS GET SNEEDED

>> No.26632144

>>26631641
At a certain point, you're just adding zeros to the end of your deposits. Make what you need to be comfy for life and you'll be set.

>> No.26632146

GME is at $209 right now. I don't really fully understand how this stock market shit works but I made a robinhood account recently just for shits. Should I buy in rn?

>> No.26632190

>>26624789
listen john you are a very beautiful girl and people here are going to say a lot of mean and hurtful things to you, but i want you to rememeber that you matter, you're special john, and i love you

>> No.26632209
File: 38 KB, 736x815, 1571620407471.jpg [View same] [iqdb] [saucenao] [google]
26632209

>>26632144
I'm not near that level of investing, I've got a bit of savings from a year and a half of working and living frugally but I'm bearish by nature and don't like gambling. I hope if this is a slide for me it's one I get off of safely you know

>> No.26632220

>>26624913
based

>> No.26632275

>>26624644
>Tfw I downloaded robinhood this morning and my bank account will never be verified in time for me to put any money into this

>> No.26632278

>>26632146
It's your money. I bought in just to fuck bankers. Worst-case scenario you're out $200 bucks. Best case scenario, you ruin big banks, greedy jew hedge fund co-ops, and make a nice little piece of cheddar for your trouble.

>> No.26632280
File: 13 KB, 275x183, bugs bunny.jpg [View same] [iqdb] [saucenao] [google]
26632280

>>26624644
Me after buying into GME

>> No.26632297
File: 9 KB, 182x276, A907E243-C6CD-4F6B-BEFE-C3838624B6D8.jpg [View same] [iqdb] [saucenao] [google]
26632297

>>26632104
fuck it, i bought the whole share

see you at the top lads

>> No.26632435

>>26632278
so the longer people hold on to the stock, the higher it gets? is that how it works?

>> No.26632455

>>26631876
how does this little man fit so much anger into his soul?

>> No.26632523

>>26632435
YES.

>> No.26632531

>>26632435
no, the price rises when more people are buying the stock than selling it. holding it doesn't technically do anything
well, except prevent other people from buying it
and this is where the short market gets working

>> No.26632532

>>26625558
based

>> No.26632595

>>26628561
GME stock will be the real eminent crypto currency of the 21st century. The company itself will go out of business when the ps6 is released without a disc drive option and they declare bankruptcy, but the shares will continue trading as pink sheets for $1,000,000+ each.

>> No.26632601

>>26631908
And then yolo back in when they see it keep going up

>> No.26632668

>>26624644
the idea that the government will print the money to pay a bunch of white gamer robinhood traders -- things won't shake out that way, I assure you.

>> No.26632673

>>26624789
Yes. Go back

>> No.26632676

>>26625001
When I see this many people hopefully for gme to go to 1k. I start to buy puts and short e everything. The stockmarket is gonna tank.

>> No.26632684

>>26632435
I don't know. Maybe it will stall out at $147 and tank again afterwards. Maybe the price will get to the triple digits and you can sell to make a tidy profit. Maybe the whole market will get pulled down by retarded hedge funds and the joke of 2021 will be how gamestop was the start of 2nd great depression.

Whatever the case, It'll be a wild ride.

>> No.26632688

>>26632209
Don't worry anon, you can always make deposits to a 401k in index funds over time. If you want to actively trade and don't make lots of $$$, you need to come out the gate hard and risky fully expecting to lose everything. Then get more conservative/safer as your wealth grows.

>> No.26632709
File: 847 KB, 2048x1860, 1611710890738.png [View same] [iqdb] [saucenao] [google]
26632709

>>26624913
The real Battletoads were the friends we made along the way.

>> No.26632754

>>26624789
This is all Biden's fault.

>> No.26632766

>>26624762
>at results in the huge institutions and banks to owe more money than their entire networth? This is what happened in 2008
LOLOLOLKOLLOLOkjnCXBBKFDSKF

>> No.26632795

>>26632709
doesnt that mean they dont have to cover the stonks?

>> No.26632829

>>26632676
go short some rope retard you are fucked

>> No.26632844

>>26632688
I mean I'm not trading anything I'm not comfortable losing, after all. I don't make tons of money but my job has a pension and I work from home playing video games all day so unless one of these things strikes paydirt I'll not be quitting in any case.
That said I don't have an independent 401k or other index fund because I'm thoroughly convinced there's going to be a general market crash in the next year or two. Am I wrong?

>> No.26632859

>>26632676
>Short a stock that is already overshorted
Lmao. Thanks for giving us your money.

>> No.26632862
File: 3.49 MB, 500x271, external-content.duckduckgo.com.gif [View same] [iqdb] [saucenao] [google]
26632862

>>26624789
I don't care if I profit from this.
I just want to watch a dead whale explode guts everywhere and shower us.

>> No.26632918

>>26624990
All the millionaire alt-right trolls specifically on reddit. I do indeed think that is what happened.

>> No.26632988

>>26632795
They do.

When you short shares, you need to give your broker maintenance margin (say 40% or so cash). Once the stonk rises a ton, your broker needs you to pay them cash to re-up to 40%. Margin Call. That is what they've been doing all week, but they ran out of money and had to borrow another 2.75B from their broker. i.e they are literally no longer good for their debt and are about to be force liquidated.

"Covering" and actually closing your short positions are not the same thing. To close the position and stop the bleeding they do absolutely have to buy GME shares.

>> No.26632999

>>26630330
It will if the fed gets involved, hold out a lil longer then sell

>> No.26633014

>>26632032
Fractional shares. If you don't have access to that then buy AMC

>> No.26633036
File: 67 KB, 738x415, download.jpg [View same] [iqdb] [saucenao] [google]
26633036

fuck it lads I just bought the full share right now
just got off my seasonal retail job a week ago and I already live with parents and have most of what I need in the moment so $209 doesn't mean too much to me right now. LETS TAKE THIS ALL THE WAY FRENS FUCK THE BANKS

>> No.26633046

>>26632844
>playing video games all day with a pension

Don't lose sight of the fact that more money won't actually make you happier. But less money will make you a whole lot sadder.

>> No.26633050

>>26624644
Good

Il enjoy buying up all the stocks that drop when they sell off.
We're going to be rich.

>> No.26633118

>>26624789
Bet you regret shilling lockdowns and Biden now. IF you had just let Trump get re elected the Autists would have stayed calm.

>> No.26633156
File: 27 KB, 320x320, 6312a978277cff5db6d733e423ae46f8-imagejpeg.jpg [View same] [iqdb] [saucenao] [google]
26633156

>>26633036
based neet trader

>>26633046
I'm deeply viscerally aware of this, believe me, the human instinct of loss prevention sings strongly in me. so too does the dream of divesting of this fucking society entirely though, even having to log onto my work laptop and do my daily business is a strain on my soul
but today, even if I lose a few hundred dollars, the fun is worth it

>> No.26633169

>>26632297
You're a scholar and a gentleman anon, god speed

>> No.26633225

>>26633036
GREAT JOB ANON, LET'S FUCK THE BANKS.

>> No.26633231

>>26633156
WE'RE ALL GONNA MAKE IT LADS

>> No.26633236

>>26631066
Send me money I will invest for you and I will take 8% interest

>> No.26633302

>>26632297
I can't buy the stock but I will cash in on currency investment if this affects the dollar.

>> No.26633306

>>26632684
>Stall at $147
>He hasn't seen the after market action
>Europoors aren't even awake YET

>> No.26633308

>>26630580
>real questions

>> No.26633373

>>26624762
Unironically stupid. I'm not in GME but if you do the math, they'd need to get half the holders to sell. It's uncoverable.

>> No.26633408
File: 6 KB, 300x168, 1610883346419.jpg [View same] [iqdb] [saucenao] [google]
26633408

>>26625558

>> No.26633415

>>26624789
LET THE BODIES HIT THE FLOOR
LET THE BODIES HIT THE FLOOR
LET THE BODIES HIT THE FLOOR
FLOOOOOOOOOOOOOOOOOOR

>> No.26633506
File: 124 KB, 780x643, mudkips.jpg [View same] [iqdb] [saucenao] [google]
26633506

>>26628698

>> No.26633515

>>26633306
I'm just saying, the jews could say "SHUT IT DOWN" and just freeze things. Unlikely, but possible.

>> No.26633529

>>26632146
Only if you are ready to lose it. Gamestop was undervalued by shorters, but it is not worth $200 imo. It's not following stock fundamentals so anyone giving you a price target is full of shit. The stock price is currently powered by autism vs wall street. It's basically going to have intrinsic value like Tesla for a couple months as retail holds on to it throwing fundamentals out the window. If you know what you got like the boomers, you won't sell for less than your cost basis. Or whatever you are prepared to lose, say the price of a videogame.

>> No.26633532

>>26633302
if you're currency investing you might wanna throw some shit at crypto if you haven't done already

>> No.26633533

>>26624789
Maybe you shouldnt have attacked innocent people at places like 8ch huh?

>> No.26633564

>>26632032
robinhood has fractional shares

>> No.26633563

>>26627989
>tfw your gubment put safeties in case banks go down
My savings are save

>> No.26633580

>>26628776
Hey, my communities were too based and all got banned. You can lick my nuts if you think parts of reddit weren't pretty cool at a time in the past. r/niggers and r/sheeit comes to mind.

>> No.26633601

>>26633515
Jews won't shut everything down and hurt the ENTIRE company for a company that isn't even 1% of the entire NYSE. If they do, crypto is gonna fucking moon.

>> No.26633628

>bailout money will go directly to you, the shareholder.
Stop smoking bath salt

>> No.26633639

unironically based theme song for tendie rockets
https://www.youtube.com/watch?v=Uqp-Mdz4-xY

>> No.26633662

>>26632999

Do not sell!

>> No.26633677
File: 22 KB, 540x384, 1bc6b3a35905f99698b6861c4570a386-imagejpeg.jpg [View same] [iqdb] [saucenao] [google]
26633677

>>26633515
they do that they're giving crypto a helping hand and frankly emboldening wsb, biz, etc. options right now are to let the autists win or slowly castrate trust in the market

>>26633580
coontown was based and I won't hear otherwise

>> No.26633690

>>26633529
Its powered by a squeeze, there is logic to the quotes. Its going up but no one knows by how much.

>> No.26633765

>>26624644
I JUST WANTED TO PLAY VIDEO GAMES

>> No.26633773

>>26633690
there's logic to it but the targets are largely arbitrary.

>> No.26633783

As an investlet I set up a RobinHood account so I could get in on this while the iron was still a little hot, but when I linked my bank account to my Robinhood account it said my money transfer would take 4-5 days to approve. I thought I was screwed but then I saw it still says I have X dollars in buying power from the amount of money I said to transfer. Is it still too late for me?

>> No.26633790

>>26633532
Currency investing is way more cheaper than crypto, I don't have money for crypto.

>> No.26633867

>>26633773
Theres no way to guess at targets other than reading sentiment right now. Sentiment seems to point somewhere from 500-1000 but it could be less or more. Its a guessing game but either way I'm making a killing.

>> No.26633926

>>26633783
RH gives you 1k margin to work with on instant deposits. I would be careful but you should be able to buy. I think.

>> No.26633944
File: 513 KB, 1012x955, 1571754289820.png [View same] [iqdb] [saucenao] [google]
26633944

>>26633867
straight up if peak is below 300 I'll eat my hat

>> No.26633978

Are you fucks seriously not in gme at this point? I figured everyone and their grandma was by now.

>> No.26634058

>>26633926
My plan is to buy $500 dollars worth of stock and sell when the price hits $597. That seems plenty careful to me.

>> No.26634115

>>26628872
Based

>> No.26634147
File: 290 KB, 220x220, tenor.gif [View same] [iqdb] [saucenao] [google]
26634147

>>26630844

>> No.26634162
File: 101 KB, 600x842, 1375AB08-74CD-4B44-8DFA-ADC3ED18B947.png [View same] [iqdb] [saucenao] [google]
26634162

>>26632676
I don’t even have words in my vocabulary to explain to your how fucking retarded you are

>> No.26634204

>>26634162
>>26632829
why yall telling him to neck himself
this nigger's just throwing away money, we want more like him

>> No.26634332

>>26624844
Lmao

>> No.26634337
File: 3.37 MB, 360x360, 1583581607240.gif [View same] [iqdb] [saucenao] [google]
26634337

>>26624789
cement das concreet babeyyy
put me in the CNN screencap

>> No.26634423
File: 32 KB, 128x128, 1581828132882.gif [View same] [iqdb] [saucenao] [google]
26634423

>>26625558
BASED

>> No.26634488

>>26627914
But what if the is Klaus Schwab's plan all along? Making everything digital will just give the elite more power.

>> No.26634498
File: 74 KB, 1280x720, maxresdefault.jpg [View same] [iqdb] [saucenao] [google]
26634498

>>26624789
kfc and watermelon

>> No.26634513

>>26624644
>2008 market crash was caused by Bankers giving out too many mortgages that could not be paid.

All those policies are back in play retard, worse than before.

Also, the government wasn't forced to bail anyone out. Companies engage in risky behavior because they know they can get a bailout.

>> No.26634554

>>26634488
market is already overwhelmingly digital. I don't think the WEF controls btc. if they do then we're all truly fucked

>> No.26634885

>>26627117
Lul

>> No.26635186

>>26624789
kys you dumb cunt

>> No.26635317
File: 43 KB, 627x477, ron paul had fun - had - 1503339013878.jpg [View same] [iqdb] [saucenao] [google]
26635317

>>26624789
>Would you like to share your thoughts on this historic moment?
It's too late to buy gold now. #RonPaul2024

>> No.26635423
File: 87 KB, 960x540, police%20taxi.jpg [View same] [iqdb] [saucenao] [google]
26635423

>>26634488
>>26634554
making things digital is a double edged sword. Go the path pf centralization, a d the elite will gain power. However, the people can more easily decentralize and become more powerful that way. Look at crypto and how it can be an escape.

>> No.26635540

>>26625558
Based besides the "FUCK BRITS" part. Don't be mean

>> No.26635589
File: 42 KB, 656x755, MaGkZNB.png [View same] [iqdb] [saucenao] [google]
26635589

>>26633580
you made me remember the fun times i spent in r/cringeanarchy before the kikes banned it for being too based, it wasn't those communities that radicalized me, it was reddit not allowing me to have fun that did.

>> No.26635710

>>26624644
porlly some shit like the big short where stocks are "worth" $1 million but settle for $100,000 instead

>> No.26635790
File: 290 KB, 1024x898, elon musk frog 1536427712950.jpg [View same] [iqdb] [saucenao] [google]
26635790

Welcome to the age of the "Meme stocks".

https://marker.medium.com/gamestop-proves-were-in-a-meme-stock-bubble-b3f39163a77f

> It isn’t GameStop’s precipitous rise, impressive as that’s been, that has everyone fascinated. Instead, it’s what fueling that rise: concentrated buying by thousands upon thousands of small individual investors who are using sites like Reddit and Robinhood to drive up what are now being called “meme stocks.” GameStop is the best-known of these meme stocks, simply because its gains have become so outrageous. But it was preceded last year by Hertz and Kodak, which, despite having struggling businesses, saw their stock prices soar when they became Reddit darlings. And now stocks like AMC, Nokia, and Blackberry (which is, yes, still in business) have also caught Redditors’ fancy.

>> No.26635896
File: 163 KB, 734x734, 1611722392537.jpg [View same] [iqdb] [saucenao] [google]
26635896

>>26624789
Sell limits at $1488. That's the price you kikes have to pay.

>> No.26635932

>>26630499
Short USD

>> No.26636027

>>26635896
better to sell at 41020 or 42069.

>> No.26636031
File: 389 KB, 1000x1147, Uncle Ted.jpg [View same] [iqdb] [saucenao] [google]
26636031

>>26624789
The industrial revolution and its consequences have been a disaster for the human race.

>> No.26636054
File: 56 KB, 500x500, 9ac971a291c625020a1d6dd38238e7e4.jpg [View same] [iqdb] [saucenao] [google]
26636054

Like Corona, I welcome it. It'll radicalize normies, reveal the contradictions in our system. Better now, because it was all due anyways.

>> No.26636097

>>26625498
Kek

>> No.26636111

>>26624644
>26624644▶>>26624789 >>26625001 >>26625169 >>26626488 >>26627014 >>26627117 >>26627372 >>26627709 >>26627756 >>26627988 >>26628012 >>26628169 >>26628221 >>26628409 >>26628545 >>26628962 >>26629224 >>26629307 >>26629569 >>26629752 >>26629966 >>26630123 >>26630330 >>26631435 >>26631555 >>26632080 >>26632103 >>26632275 >>26632280 >>26632668 >>26633050 >>26633765 >>26634513 >>26635710
>2008 market crash was caused by Bankers giving out too many mortgages that could not be paid.
>2021 market crash will be caused by Bankers lending too much leverage to firms who can not cover.
>We're going to see multiple hedge funds/institutions declare bankruptcy very soon which will force them to close all their positions and cause a pretty big market sell off. Now something like this isn't really enough to cause a major crash but the real danger is how deep these firms are in the red when their lenders are forced to pay their client's mistake to GME shareholders.
>If the lenders(usually giant investing firms and banks) somehow don't have the liquid capital to close out their borrower's positions, then we'll see the dominos start falling as they too start liquidating their own stock positions which then causes a even bigger sell off.
>But we're not done just yet. What if GME reaches such an absurd price that results in the huge institutions and banks to owe more money than their entire networth? This is what happened in 2008 and this is what the elites are scared of.
>I seriously see this all playing out and GME hitting a ludicrous price in the thousands. The government will be forced again to bailout the incompetent and that bailout money will go directly to you, the shareholder. The market will never be the same after this.
fucking clueless retards this gme shit is literally only some billion or two it's not even 1% of the market

>> No.26636155
File: 89 KB, 460x445, berserk honk frog 1578459610973.gif [View same] [iqdb] [saucenao] [google]
26636155

>>26635790
>With meme stocks, on the other hand, that’s exactly what’s happening: The small investors on the r/Wallstreetbets subreddit (which has 2 million subscribers) and other sites are taking part in a conscious collective effort to drive the prices of these stocks up. No one is in charge of this effort, though, of course, some voices are louder than others. But it is a self-organized campaign with people using the message boards to communicate with each other, encourage each other, and reassure each other (thus the many posts on r/Wallstreetbets admonishing fellow “autists” — their self-mocking term for each other — to not lose their nerve and to keep holding GameStop’s stock). Thus threads with titles “We are the captains now,” “Have no fear, GME gang. We are consolidating in preparation for tomorrow’s moon landing,” and “GME — it never has to end.”

>In other words, what’s happening with GameStop looks less like a speculative bubble and more like a contemporary, internet-mediated version of the “bull raids” that were characteristic of the stock market in the early 20th century, when organized pools of investors would combine to drive stock prices up.

>> "The traders on r/Wallstreetbets — which describes itself, tellingly, as “Like 4chan found a Bloomberg Terminal” — are trying to do the same thing to Wall Street."

>> No.26636233

>>26636155
kind of a cool read, I'd never heard of bull raids before. what a chad move

>> No.26636346

>>26635932
(Buy BTC)

>> No.26636417

>>26628457
HOW CAN BE FIND OUT WHICH BROKER MELVIN CAPITAL USES?

>> No.26636416
File: 39 KB, 400x400, joker rei 1576632098666.jpg [View same] [iqdb] [saucenao] [google]
26636416

I'm still looking for the name of it. Which was the big hedge fund that was trying to short Gamestop that these wonderful leddit and 4chan stock trolls royally fucked over?

>> No.26636460

>>26636111
checked.
but what if it was 2% of the market, but 40% of the memes?

>> No.26636508

>>26636417
I think someone said it was Citadel

>> No.26636534

>>26624789
niggers tounge my anus

>> No.26636542
File: 86 KB, 530x442, bale atari 1483744071682.jpg [View same] [iqdb] [saucenao] [google]
26636542

>>26636346
>BTC
>not Atari Tokens
Also please buy some speaker hats.

>> No.26636568

>>26636416
melvin capital

>> No.26636600

>>26636111
tell that to the stock value hedgie

>> No.26636662

>>26636417
Citadel. Got bailout by Steve Cohen and Ken griffin then lost it all as well.

>> No.26636721

how can i buy a share from outsite of usa?

>> No.26636850
File: 1.57 MB, 1170x2050, 5A9624EA-5BC1-446D-826D-3449B617BE8B.jpg [View same] [iqdb] [saucenao] [google]
26636850

>>26631683

I went to GameStop today and bought everyone a weeks worth of pizza.

>> No.26636930
File: 75 KB, 640x480, asuka sherlock evangelion 1484566245682.jpg [View same] [iqdb] [saucenao] [google]
26636930

>>26636662
>>26636568
>>26636416
Yeah. Disregard that. I suck cocks. Took two seconds of investigation to find the companies.
>Steve Cohen's Point 72, Ken Griffin's Citadel, and other partners are plowing a total of $2.75 billion into Melvin Capital, the hedge funds said on Monday. They will receive non-controlling revenue shares in Melvin in return for their money.
https://markets.businessinsider.com/news/stocks/steve-cohen-ken-griffin-invest-3-billion-gamestop-short-seller-2021-1-1030003305

>> No.26636959

>>26624789
fuck you kike

>> No.26637070

anons how do I get a phone number with no phone? trying to sign up on robinhood

>> No.26637078
File: 792 KB, 1200x1200, WSB.png [View same] [iqdb] [saucenao] [google]
26637078

Based.

>> No.26637217

>>26624789
Hi there John from the New York Times. You can quote me directly: "Fuck Jannies, Fuck Trannies, and Fuck (((Bankers)))." Make sure it's a direct quote, parenthesis and all.

>> No.26637236

I still don't get why it's allowed that you can short more than the companies existing stock

>> No.26637265

>>26637070
For Twitter I bought a Romanian one time phone number, but that obviously is no good for something tied to money.

>> No.26637296
File: 9 KB, 401x367, 1528433039564.png [View same] [iqdb] [saucenao] [google]
26637296

>>26624789
Hi there, Joseph John Bagelstein. Welcome to /biz/ Shylock Bergmanstein Abramowitz. Or should I say, shalom, Ari Finkel Finegoldman. Enjoy your stay, Noah Goystein.

>> No.26637352

>>26624644
1) Price of GME goes over $1000 on Friday.
2) Short sellers forced to cover, declare bankruptcy.
3) Banks left holding the shorts, forced to cover.
4) FED bailout to stop financial panic
5) Inflation risks set in, cash floods into crypto.

>> No.26637353

>>26631646
aren't they due to lose 140% of the market cap value AFTER the surge? I don't see how the market cap when they started shorting matters at all

>> No.26637396
File: 15 KB, 470x368, 1520295506050.jpg [View same] [iqdb] [saucenao] [google]
26637396

>>26637236
the stock market is 50% gambling, 49% ponzi scheme, and then a little bit of legitimate investing. that's why

>> No.26637403

>>26625558

It took 4 posts before NIGGER.

4chan is dead.

>> No.26637423

>>26624789
>1 post by this ID

>> No.26637440

>>26624789
Fuck niggers fuck Jews fuck the news and fuck you.

>> No.26637450

>>26631646
Thats not how shorts work. When you short, you promise to buy the stock back later. In the meantime, the broker required you keep your short covered, meaning you need to have enough collateral to buy the stock back in bankruptcy as the broker is on the hook if you don't. Shorts always have unlimited downside and limited upside, since price can't fall below 0 but price can always go higher.

>> No.26637509
File: 171 KB, 1280x720, ss_3030d47cf865cb5910746bc3897217c9cc8ce5fb.jpg [View same] [iqdb] [saucenao] [google]
26637509

>>26628457
>Government has to bail them out

What if the government doesn't bail them out and redditors are now stuck with expensive GameStop shares that they can't sell?

>> No.26637592

i missed the happening, did you bull the stock and then bobo it?

>> No.26637605
File: 259 KB, 650x637, 1606378250879.jpg [View same] [iqdb] [saucenao] [google]
26637605

>>26624789
CLEAN UP MY MESS HEDGEFUNDIES
REEEEEEEEEEEEEEEEEEEEEEEEEE
EEEEEEEEEEEEEEEEEEEEEEEEEEE
EEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.26637604

>>26637509
the government will bail the banks out but that's kind of irrelevant to most retail investors, for whom it'll just be an issue of whether or not you bail at the right time

>> No.26637692

How do you determine who is shorting what

>> No.26637704
File: 103 KB, 483x676, 1603421215826.jpg [View same] [iqdb] [saucenao] [google]
26637704

>>26628425
right? thankfuly we have competent leadership in washington....
>HAAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAhahahahAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAhahahahhaHAHAHAHAHAHAHAHhahaha

>> No.26637717

>>26637509
The stocks are cheap as fuck, come on now /biz/ is fucking crying because of $200?

>> No.26637796

>>26637692
I'm shorting GME.
Enjoy staying poor.

>> No.26637920
File: 107 KB, 1148x645, rocketman.jpg [View same] [iqdb] [saucenao] [google]
26637920

Blast off in 3, 2, 1.

>> No.26638007

I’m not a Biden fan but they will legalize Marijuana across the US. $phot is penny stock to snag before the boom

>> No.26638005
File: 145 KB, 1148x645, rocket man.png [View same] [iqdb] [saucenao] [google]
26638005

>>26637920
Whoops, forgot the rocket. Good luck catching up guys. Be prepared for a Challenger level explosion.

>> No.26638078

> THE GOYIM ARE WINNING!! HOW ARE WE GOING TO COVER THESE HUGE GAINS TO THE GOYS!!

this sounds exactly like a Jewish trick

>> No.26638098
File: 451 KB, 706x690, 1540541220124.png [View same] [iqdb] [saucenao] [google]
26638098

>>26638007
I'll dump money on it but I'm not convinced marijuana is a priority of this administration. worth a bet though

>> No.26638261

>>26629165
will be the opposite affect BTC will see $50k if this pans out as we like..Crypto about to kick some Wall Street ass!!!!!

>> No.26638296
File: 68 KB, 851x479, fggt.jpg [View same] [iqdb] [saucenao] [google]
26638296

>>26624789

>> No.26638322

>>26629886
efukt..the 90s live on

>> No.26638445

>>26630196
Congrats on the AMC purchase..let the fat bois play the GME game..that crypto is looking better and better everyday

>> No.26638455

>>26638007
2nd term at best, it'll be a reelection dangling

>> No.26638515

>>26630330
buy Reals..and go to Rio and fuck those hot women>>26630499

>> No.26638530

>>26637236
it's literally illegal
they broke the law
that's why the sec isn't going to help them out

>> No.26638573

>>26630499
short it when it gets to $1500 >>26631117

>> No.26638606

whats the fastest way to put money into GME? i am tarded and I just want to put 5k of my savings into memes but im not sure what broker will let me pump the fastest, am I too late??

>> No.26638634

>>26638606
robinhood

>> No.26638664

>>26631117
Dont laugh buy AITX all you can afford. you will be a millionaire by the summer>>26631778

>> No.26638832

>>26633118
those Autists will all apply for the same job at Walmart to be a greeter!! i hope we dont BK GME

>> No.26638910

>>26624789
Women are not human