/biz/ - Business & Finance

[Anonymous No.27558089]

So how many of you chumps were burnt by GameStop?

[Anonymous No.27558183]

I bought one near $300, don’t really care if it goes to zero

[Anonymous No.27558209]

we were burned by the forces of capitalism coming together to fuck the poor masses before we could fuck them

[Anonymous No.27559201]

>>27558089
I daytraded it for a 15% gain when it was in the $40s. Checked the price the next day and I tried to shoot myself in the head but I couldn't find my brain. Didn't touch it after that.

[Anonymous No.27559338]

>>27558089
bought 1 share around $100 and sold when I realized every inbred on /pol/ and literal pornstars like Mia Khalifa were saying it would go to $10k

made about $100 profit, gg ez

[Anonymous No.27559406]

>>27558089
I literally got one for free
Not much else to say

[Anonymous No.27559454]

>>27558209
oh shut the fuck up already you retarded faggot

[Anonymous No.27559595]

>>27558089
Had 25 shares at $230 each. Could've made a 2x profit and got greedy. I'm going to try pulling out tomorrow and putting it into rubic to recoup my losses.

[Anonymous No.27559706]

>>27558209
At best we sacrificed money to wake a few people up to the (((schenanigans))) going on.

[Anonymous No.27559726]

>>27558089
Sold at 40 for a nice bit of money and didn't FOMO back in like a retard, so I'm alright. Can hardly regret not holding until higher when you see how so many clowns lost big money and continue to do so. Could I have done better? Yes, but I still came about above the farting masses

[Anonymous No.27559738]

>>27559454
cry harder retard, thats what happened, dont get assmad i said the c-word

[Anonymous No.27559800]

I sacrificed my money being too damn stubborn and not taking profits when I could.

[Anonymous No.27559829]

>>27559726
>Sold at 40
lol

[Anonymous No.27559837]

>>27558089
I made only $700 instead of a potential $8000, but at least I didn't get burned by buying in the high triple-digits.

[Anonymous No.27559843]

>>27559738
you're the one who lost money being a retard

[Anonymous No.27559872]

>>27558089
I got up 25k and then lost it. Back to square one with all my ARK's

[Anonymous No.27559889]

Got in at $88, got out at $345. 54 shares

[Anonymous No.27559907]

>>27558089
sold for 66% profit and then fomod back in and 400% profit

we knew about the short squeeze long llong ago.

[Anonymous No.27559910]

>>27558089
made 40K on it last week. Could have made a hell of alot more but sold early and had people reminding me i was being a pussy. I take profits faster than most people

[Anonymous No.27559982]

>>27559800
same here desu i was up nearly 200% on initial investment and went full retard mode

[Anonymous No.27559995]

>>27558089
Redpilled entire family of normies

[Anonymous No.27560016]

>>27558089
Luckily this money doesn't make a difference to me in the long run and try real stocks are doing well.

Just irritating. Can came as a loss on taxes

[Anonymous No.27560029]

>>27558089
Lost about 20 dollar, which is absolutely amazing all things considered.
Feeling pretty comfy because it gave me the opportunity to buy some First Majestic

[Anonymous No.27560089]

Lost $150

[Anonymous No.27560091]

>>27559982
I was given multiple chances to, which was even worse. I sat and watched it jump and deluded myself into thinking the breakers and the tribe would let it continue trending up. I sat through the 400s and still said no.

[Anonymous No.27560097]

>>27558089
Shit ton, have been collecting screens

[Anonymous No.27560110]

>>27558209
>forces of capitalism
>he thinks this is a free market

[Anonymous No.27560123]

>>27559910
>take profits fast
How many more times do I have to lose until I learn this?

[Anonymous No.27560160]

>>27558209
You were burned by your own low IQ and Reddit.

[Anonymous No.27560184]

>>27558089
all my crypto gains from buying btc/eth in 2019 have been obliterated.

[Anonymous No.27560194]

>>27558209
Poor masses that didn’t work to get that money don’t deserve it. No reason why a lazy wage cucked should earn big bucks

[Anonymous No.27560251]

I made $40 on gme and $500 on AMC

Gotta know when to fold em

[Anonymous No.27560273]

>>27560091
kek same here bro. I legit feel so fucking dumb because when everyone was like "muh 240% shorts" I thought to myself that they closed old and opened new ones at the current price and let the retarded hype convince me not to sell. feels bad

[Anonymous No.27560278]

>>27559706
when will you retards realize antijew memery is never going to fix your problems? it amazes me you idiots still think ethnic groups are the issue here.

>>27559843
its not a loss until i sell

[Anonymous No.27560323]

>>27558089
I was. treated it like a trip to vegas all and all came out under 60 bucks or so. worth the price of admission for an entertaining 2 weeks.

[Anonymous No.27560345]

Any losses I had on GME were null to the gains I made on silver bullion ironically

[Anonymous No.27560358]

>>27558089
I spent 150 on 1 share and am comfortable with it going to <40

[Anonymous No.27560366]

>>27559201
Don’t worry, I bought in at 45 and went full euphoria, holding all the way back to 100. Losing potentially 100k in profit stings a lot more than I thought it would.

[Anonymous No.27560441]

>>27560110
Imagine thinking that the fed is to blame for this and not the existence of voodoo bullshit like stock options that shouldn't exist

[Anonymous No.27560445]

Lost 420$ and still in, haven't decided to hold/buy more/sell yet

[Anonymous No.27560486]

>>27558089
FUCK YOU THIS IS FUCKING BULLSHIT
IM TRACKING EVERY SUNGLE PERSONS IP ADDRESS THAT DIDNT STATE THEY WERENT FINANCIAL ADVISORS OR SIMILAR AND IM SUING YOU ALL
YOU TOLD ME THIS WAS GUARANTEED MONEY WHAT THE FUCK
I PUT EVERYTHING I HAD INTO THIS NOBODY TOLD ME THEY COULD JUST HALT THE MARKET WHENEVER THEY WANT
IM GOING TO LOSE MY FUCKING HOUSE OH MY GOD

[Anonymous No.27560515]

>>27560278
>its not a loss until i sell
so it'll be a loss in a week or so? You're even stupider than I thought if you really fell for that never selling dogma. An unrealized loss still means you have less money

[Anonymous No.27560523]

>>27560110
>capitalism is when free market
omegalul anon

>>27560160
being unaware and fomo desu

>>27560194
facts

[Anonymous No.27560531]

>>27560441
>Imagine thinking that the fed is to blame for this
Of course it is.
>existence of voodoo bullshit like stock options that shouldn't exist
There's literally nothing wrong with stock options, the problem is fraudulent stock options.

[Anonymous No.27560608]

>>27560523
>>capitalism is when free market
Yes, yes it is.
It isn't anything else.

[Anonymous No.27560625]

>>27560366
What did you drink or shamefully jerk off to
>>27560441
I still need an explanation of how they could short, and then short a short but that apparently is intermediate level hebrewism and I am but humble goyim.
>>27560273
We learn lessons, if you're not longing take them damn fucking profits when they're handing to you.
>>27560123
hardest of all lessons

[Anonymous No.27560657]

>>27559829
Bought at 10 and had few expectations for it to even hit 20, so I'm still pretty pleased. A 4x is something I'll take anyday

[Anonymous No.27560672]

>>27560486
You forgot the pinkwojak friend. Here's one.

[Anonymous No.27560675]

$0
I saw the price was at $140 and I knew that this ship had already sailed, and that nobody knew what would happen next.

[Anonymous No.27560703]

>>27558089
yo burnt to a crisp

[Anonymous No.27560748]

>>27558089
>Got in too late
>Sold too late
Thankfully it was only a couple hundred dollars and I didn't get fucked too bad

[Anonymous No.27560955]

>>27558089
I put down 150k from my 401k yesterday at 320..... cashed out all of it today at 75...............

[Anonymous No.27560995]

>>27560515
amc will boom eventually whether its PnD pt2 or the coof fucking off

>>27560608
capitalism only requires privately owned businesses, capital, and capital generating ventures. markets have no bearing on these attributes. china is capitalist and their market isnt what youd call free.
>inb4 dats corpratizm

[Anonymous No.27561064]

>>27560123
just do this, set a % range you would go up or down from a stick and stick with it.
Example, If a stock goes up 15% you Dump, if it dumps 10% you sell. Make it a rule. Follow the rule the whole time. When you sell covered calls OTM, make rules on how much % OTM you offer that you feel comfortable. If you really like the stock and dont want to sell when it drops, make sure its something you are absolutely comfortable bagholding for a long time.

Its hard when Greed is in the air and /biz/ was invaded by a bunch of Reddit niggers spamming up the board shilling shit. Hopefully you can see this is the same scam that is run over and over , on an industrial scale.

Take the profits.

[Anonymous No.27561146]

>>27560995
>capitalism only requires privately owned businesses, capital, and capital generating ventures.
okay, then the term capitalism is utterly meaningless then
All there are are free markets and unfree markets

>china is capitalist
these terms are utterly meaningless and you can't say a country is good or bad based on vague terms like this

[Anonymous No.27561199]

>>27558089
-$500 GME
+$10k ETH

normal start to alt season anon

[Anonymous No.27561278]

>>27560955
that's pretty based when you think about it though

[Anonymous No.27561362]

>>27560625
if I sell now the profits I've passively made in crypto will cover the loss, but the mad man in me wants to see where this goes

[Anonymous No.27561384]

>>27561146
lmao how is it meaningless?? i just defined its meaning

[Anonymous No.27561752]

>>27561384
Because everyone defines it differently.
The term free market actually makes sense and has a precise definition.
Almost all of the bad things that happen in countries leftists call "capitalist" are in fact the result of government intervention. But they are too stupid to they just go "capitalism = bad stuff happen"

[Anonymous No.27561808]

>>27558209
cringe

[Anonymous No.27561824]

lost like $450 on it. Was worth it

[Anonymous No.27561864]

>>27558089
what happened, haven't been paying attention.

last I checked, the gamers were winning?

[Anonymous No.27561937]

>bought in at $20
>sold at $150
>use that money to buy back in at $200 thinking it was actually gonna hit 1k
Kill me. Also i have to pay taxes on the money when I initially cashed out dont I?

[Anonymous No.27561993]

Uh burned about 21k. It's whatever, I'll make it back.

[Anonymous No.27562220]

I went all in on GME (with my whopping $700) at $90 and sold all 6 shares for an average price of $300. Someone tell me not to go back in tomorrow.

[Anonymous No.27562293]

>>27558089
Cut losses of about $600 in GME, $600 in AMC. Still sitting on NOK and BB bags, NOK is about $45 heavy, BB is $800. BB is the only one that hurts, I trusted you faggots on that one.

No biggie though, could afford to lose it and can be written off in taxes. Needed a kick in the ass to remind myself not to FOMO

[Anonymous No.27562297]

>>27561752
>https://en.wikipedia.org/wiki/Capitalism Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, a price system, private property and the recognition of property rights, voluntary exchange and wage labor.

you dont even understand the system you love so much, figures why you dont realize how shit it is

[Anonymous No.27562309]

>>27558209
>this is capitalisms fault

[Anonymous No.27562444]

Another paper millionaire down, when will he capitulate and cut his position lads?

[Anonymous No.27562454]

I dont know why we even have shit like the stock market. People are idiots and just bankrupt themselves when given a choice, we should just go back to the caste system and formally turn everyone who isn't rich into serfs with no rights. They'd unironically survive longer under a dictatorship.

[Anonymous No.27562614]

>>27562454
>>27549895

[Anonymous No.27562633]

>>27560625
Surprisingly I haven’t felt the urge to either since I sold. Feeling pretty empty rn except when I’m looking at GME news. Kind of worried cause this is the sort of shit that rewires people’s brains; I really hope I don’t become addicted to the thrill

[Anonymous No.27562692]

>>27562309
>a bunch of capitalists lose their game of capital manipulation when plebes discover their strategy
>bleeding capitalists conspire with capital manipulation tool owners to restrict the free flow of capital

yes

[Anonymous No.27562723]

>>27560955
Just retire 5 years later bro so plebbit can buy more funko pops

[Anonymous No.27562805]

>>27558089
I bought at 10 @ $88 and sold 3 @ $320 so I'm playing with house money but I'll ride the rest of the 7 into the ground because it's funny either way.

[Anonymous No.27562813]

>>27560445
You don't lose if you don't sell

[Anonymous No.27562975]

Bought 5 in at 83 bucks. I'll just wait when the market opens up and get around to 150 then I'm dropping. This "Trust the squeeze" shit got me, I'll admit it.

[Anonymous No.27562993]

and all of you retards made fun of me for buying dogecoin at 0.03

Ahahahahahahahahahahaha

Fucking troglodytes

[Anonymous No.27563028]

>>27562444
Does anyone know what broker that is?

[Anonymous No.27563084]

>>27558089
I lost $180 because I bought one as a meme.
Leddits DD on the squeeze all checks out, but it was foolish to believe a wave of first-time traders would have more nerve than hedgefunds after Melvin got burnt.

[Anonymous No.27563213]

I panic sold at 90 on the way UP. I think I’m the only one in my situation. Made a shit ton on it going from 40-100 and on that Monday thought that 120 or so was the peak and it was already crashing back down. Did really REALLY well but kinda hilarious that I jumped ship so early. By the time I sold it already felt like a bubble when even my mom was wanting to buy in, was flabbergasted that it tripled from there even.

[Anonymous No.27563332]

>>27562297
>wikipedia
LMAO AHAHAHAHAHAHAHAHAHA

>you dont even understand the system
You don't even understand what words means and how they work. Everyone defines capitalism differently, especially leftists. The term is mainly used to deceive people.
Also the people who use the term like yourself constantly confuse correlation with causation.

I bet you're actually a reddit "ancom" or something.

[Anonymous No.27563411]

>>27562692
This has everything to due with a LACK of capitalism.
In a free market, these people would be prosecuted for fraud.

[Anonymous No.27563447]

>>27561993
Exactly how much I lost as well. Was up 140k at one point too, fark.

[Anonymous No.27563532]

>>27562993
did you profit a decent amount at least? just wondering

[Anonymous No.27563696]

>>27560445
I'm down a similar amount. I'm still up for the month so it doesn't hurt as much as it's hurting others.

[Anonymous No.27563787]

>>27563411
>prosecuted for doing business
>in a free market
loool

>>27563332
i gave you the most commonly accepted definition of capitalism amongst economists, mongrel

[Anonymous No.27563860]

imagine getting frontran by redditors lmfao

[Anonymous No.27563959]

>>27563213
that did surprise me i would have thought thursday would be the proper dump

[Anonymous No.27564071]

>>27563532
Pretty much even rn
Waiting for a """"pump"""" but it'll probably never come.

I'll just sell at 0.04 and make a small profit.

[Anonymous No.27564182]

>>27563787
>he thinks a free market means no rules
lmao retards like you shouldn't be allowed to vote
In a free market there would be more prosecution of fraud. The problem is we don't have a free market right now.

>i gave you the most commonly accepted definition
You linked a wikipedia page on the most disputed term in the english language..
Keep calling China "capitalist" and blaming their problem on "capitalism" like the good slave you are.
Really showing your IQ there lol

[Anonymous No.27564262]

>>27558089
Made $1000 in profit off GME but I burnt it on other meme stocks

[Anonymous No.27564279]

Thing is anyone who got in 200 and under fucking won and were just too greedy hiveminded too see it. Same as BB/amc. Dumb fuck for not taking ridiculous gains when you see them.

This was possibly a once in a lifetime opportunity to easily get 2-4x your investment even if you were slow to catch on. This was such a freebie to anyone remotely paying attention. Fucked it all up thinking 1K a share would change my life when really 350-450 would be a huge fucking boost to everything. Now i'm down 300 and the only thing that makes me feel less like a dumbass is knowing there are people who are hurting wayyyyyyyyy more than me right now.

[Anonymous No.27564425]

>>27563787
>he hits him with the wikipedia.com
>on a term like capitalism
Ah yes, wikipedia, the objectively perfect encyclopedia.
>communist filth tries defining shit like interest until he has to pay it every month

[Anonymous No.27564441]

>>27558089
me
shit sucks man

[Anonymous No.27564520]

Me. I’m not ashamed to admit it. I knew it was a gamble from the start. I made sure I understood the whole situation, bought in, and lost the bet. Oh well. $1200 Losses recouped already through crypto today

[Anonymous No.27564595]

>>27560955
based

[Anonymous No.27564831]

I sold half my position at $400 on Thursday morning which covered my initial investment and gave me $1k profit. Held until this week, cashed out today with $5k for the rest of my position at $100 each.

Should have been a $20k gain instead of $6k but considering everything I can't really complain. The writing was on the wall the second all of the brokers started restricting buy orders. It's a dirty game and Robin Hood is going to take the fall for the hedgies. The bagholders will get $5 each from the class action.

[Anonymous No.27564838]

Down $600 and I'm just now learning a short ladder attack is something reddit made up. I'm such a fool. I hate them.

[Anonymous No.27565276]

>>27564425
It links to sources, so there's no reason to dismiss it just because of the website that text is on

[Anonymous No.27565640]

>>27564838
Same amount for me. I honestly wanted to fuck the system, I'm all in crypto anyway. 2bh can't believe I fell for the reddit echo chamber and FOMO. Short ladder attack is indeed made up..

[Anonymous No.27566110]

>>27565276
that doesnt mean anything at all

[Anonymous No.27566216]

>>27558089
I doubled down today at $99

[Anonymous No.27566405]

>>27558089
>made almost $4k
>coulda made $8k if u fags didn't mock my $420.69 sell limit
Live and learn I guess

[Anonymous No.27566613]

>bought 2 shares at $275
>selling first thing at market open tomorrow
I remember reading a well thought-out post here on Saturday explaining why GME will plummet if shares don't go up on Monday.
When Monday came I ignored that advice because the stock was being manipulated by short ladder attacks.
Today I learn that short ladder attacks are a made up thing by reddit.
If I had just listened to that anon's genuine and well-spoken advice I would have lost just $130 dollars by selling at monday end but here I am holding the fucking bag with $388 lost

I'm just a crypto miner that occasionally browses /biz/ to know when to sell the coins I made. GME is the very first stock I ever bought.

[Anonymous No.27566668]

Made 1200. Bought into the hype at 40, bought more at 300, panic sold at 200 when it crashed. Was up 10k at one point. That’s a lot of money to me

[Anonymous No.27566712]

I didn’t put too much into it so I only lost $20

[Anonymous No.27566765]

>>27558089
lost 30 bucks on nok bought around 7

[Anonymous No.27566900]

>>27558183
same, but before i made like 1k profit lol

[Anonymous No.27566919]

>>27558089
I gained some, lost some through day trading the stock. Still sitting at my initial entry price in the portfolio. If it goes up from here, it's straight up house money.

[Anonymous No.27567037]

Lost 5000. Feels bad man, but I definitely learned. Just string after string of bad decisions. Investing in ETH now.

[Anonymous No.27567043]

>>27558089
I have a friend who looks exactly like this Pepe

[Anonymous No.27567097]

>>27558209
kys reddit nigger

[Anonymous No.27567210]

>>27558089
bought two @ 305, still holding, get fucked jew

[Anonymous No.27567402]

>>27563411
>it wasn't real capitalism
>we'll make it work next time, when we're all the same color
cringe bro

[Anonymous No.27567408]

I think this is the worst I've seen so far on /biz/. Not me, some anon posted it. He said the 1-month spread includes a $20k deposit (which I'm sure he put into GME)

[Anonymous No.27567737]

>>27567402
>>it wasn't real capitalism
Nope. Eat shit. I wasn't making that argument at all lol

>>we'll make it work next time
It's almost as if people who support free markets weren't in control or something, wow.
lmao

[Anonymous No.27568521]

>>27562444
I still don't understand how be held that high. If I had gone all in at $10. And it $40 I'd be tempted to sell but would likely have held. Once it pumped like crazy I'd likely have sold at $100 at the lowest. That'd be a 10x. And with an all in strategy I'd have reached 6 figures. Pfft I learned my listen the last time I hit 6 figures and didnt sell.....SELLLLLL!

It still stings even though its been many months. I couldve had low 6 figures. Enough to avoid plummeting back to 5 figures but would need to use it wisely to turn into a swing trader.

[Anonymous No.27568623]

>>27558089
>sell <$20k equity to buy in ~19k worth GME
>sell GME for 20k right before SHTF
>get fucked by tax

at least i didnt dump everything like some appear to have done