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/biz/ - Business & Finance

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27795112 No.27795112 [Reply] [Original]

For anyone who was sitting on the fence watching this happening. What did you think of this whole GME Ordeal /biz/?

>> No.27795336

>>27795112
I think a lot of fools got suckered in to a meme pump and dump. I feel bad for first time investors who didn’t know better and put in money they couldn’t lose. My friends made some good money cashing out near the peak but people still coping and in denial on WSB are in a really sorry state right.

>> No.27795510

>>27795336
Lost 1500$ i couldn't really afford to lose, buying in from 80-290. If its cope to hold and see what happens....then all stocks must be cope. Ive seen people hold for years.

>> No.27795611

>>27795510

What got you roped into it anon? This whole thing happened in less than 2 weeks.

>> No.27795701

>>27795510
I'm still holding. They are supposed to release earnings on the 9th. With a new CEO and if the earnings are good, there might be a minor bump on the 10th.

>> No.27795959

>>27795701
You're actually insane if you think the bump from a fucking earnings report will make up for the loss in hype.

>> No.27796070

>>27795701
lol

>> No.27796079

>>27795701
I’m just gonna sell my position for a small profit tomorrow. GME is a toxic asset right now and I just need to get it off my hands before it nosedives any lower

>> No.27796141 [DELETED] 
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27796141

>>27795112

This is cringe lol

Long $CLF

https://stocktwits.com/symbol/CLF

$CLF
02/04/2021
>"New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1 percent to $493.5 billion, the U.S. Census Bureau reported today."

https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf

---------
$CLF
02/04/2021
>"US trade court dismisses challenge to Section 232 steel tariff"

https://agmetalminer.com/2021/02/04/this-morning-in-metals-us-trade-court-dismisses-challenge-to-section-232-steel-tariff/

>> No.27796212
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27796212

>>27795611
Yeah i did. Feels bad man, probably many thousands of us suckers holding the line. I worked with a dude who is a former broker and he said get it while it was still in the 200s and sell at 400...but robinhood fucked me. I Always missed out on good things and never bothered investing till now. I got rolled in by the hype train. F.F.S. /biz backing reddit really sealed the deal for me. Im unemployed due to covid and have a decent amount saved till i find a job but i was hoping to get some cash since my unemployment is up. I actually have made 100$ on doge coin. I have other crypto but im starting to lurk here now so i can find cheap penny cryptos to buy and sit on.. havent really found any leads yet that aren't immediately labeled "pajeet" . Its not cope but theres no point in pulling out now. If it goes back to 100-200 ill consider it.

>> No.27796233
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27796233

>>27795112
>mfw this whole fiasco only validates my 100% VTSAX boomercore portfolio

>> No.27796270

>>27796141
In english please.

>> No.27796367

>>27795510
Damn dude. Sorry to hear that. I’ve lost my a lot of money from table games and options in the past but I’m doing pretty well financially now. I felt like an absolute fucking idiot after realizing I was down 30k playing blackjack over a two year span. It’s not the end of the world, especially if you’re young.

>> No.27796440

I bought $60 worth for shits and giggles since it tanked to $50.

What's the best case scenario for this?

>> No.27796487

>>27795112
I think a lot of people are deluding themselves into thinking this was good for anything other than making money. Framing it as a fight against billionaires is retarded, even though they got exposed people will forget. Some unarmed black thug is going to get shot and there will be riots, some celebrity scandal will distract people and this shit will go to the back of people's minds.

>> No.27796510

>>27796233
same but VOO

>> No.27796515

>>27796367
The part that really hurts is ive been saving hard for 3 years, and i havent made a purchase over a couple hundred for anything frivolous... so this is the first real money burn ive had in years and its REALLY depressing. Im super jewy with my money and i feel abused.

>> No.27796582

>>27795112
Predictable pump and dump. What wasn't predictable is the sheer amount of normie bagholders this created. Really blows my mind. They don't jump into BTC but follow every stock peddled on WSB?

>> No.27796590
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27796590

The stupidity of plebbitors was their own demise.

>> No.27796663

>>27796515
Good. You deserve it. Money is fake. Stop being a Jew. I hate people like you

>> No.27796687

>>27796212

I think you really got the rug pulled on you anon. Honestly. When did you start browsing /biz/?

Yes, I do have a feeling that most people who got caught onto this crazy GME trainwreck are still here on /biz/ just like you. Sniffing for an altcoin or stock to make their money back. It might develop into a gambling addiction ontop of browsing 4chan 24/7 for that green candle hit or that surge in price action. Eitherway, I'm sorry to hear about your situation. I hope you manage to find work anon.

>> No.27796700
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27796700

>>27795112

https://www.weforum.org/agenda/authors/jeff-desjardins
>Pic Related

>> No.27796734

>>27795112
I think reddit are a bunch of naive gen zers but that they have the right spirit and biz is too hard on those faggots. Yeah some held too long and got rekt but really they just wanted to shake things up. We live under crony capitalism and they at least expose it a bit. Whereas a lot of bizriaels have just devolved to shilling the discord tranny pnd of the week

>> No.27796853

>>27795510
Why did you gamble money you didn't have? It's not cope to hold...if you believe the position you bought in at is below the real value of the stock you are holding. If you bought it on a meme and you're holding...well, that's cope.

>> No.27796867

>>27796700

This is tied to the Great Reset isn't it.

>> No.27797360
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27797360

>>27796867

>> No.27797598

>>27795701
Did you learn nothing about how the stock market actually works from the fact that gamestops stock went up 1000% for literally no other reason than because some hedgefund betted that it wouldn't.

>> No.27797929

It was great to see hedge funds get rekt by not hedging and newb investors learn their first lessons regarding FOMO.

>> No.27798035

>>27796510
based

>> No.27798138

>>27796663
based

>> No.27798766

>>27797598
Which is exactly why it didnt seem far fetched that it could go up a second time once they had to pull out.
>>27796687
Thx. I honestly wont be back here until the gme hate dies down

>> No.27799114

>>27795112
a classic pump-and-dump. I didn't participate because I wasn't early enough and like always, it was over when it got media attention