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Forum » WallStreetBets should be banned from Reddit (srs)
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Thread: WallStreetBets should be banned from Reddit (srs)

post 1630533733 02-04-2021, 11:40 AM
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#31
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I havent followed this on a day to day basis, but as a gambler i would have opened a massive short position when it hit $400, it was a no brainer

Are there any documented cases of anyone entering a massive short position at $400?

That Kitty guy should have pulled it off, imagine getting out at $400 for $50 million, then opening a huge short to multiply your money in a week
post 1630533963 02-04-2021, 11:43 AM
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#32
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Originally Posted By JonEh10⏩
Is it worth holding onto AMC stock?
Probably, just as a reminder every time you open your account to not follow trends like a lemming
post 1630534063 02-04-2021, 11:44 AM
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#33
  1. AltarOfPlagues
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somebody call the feds adults are gambling! dumb hoe.
do not read my posts and weep, i am not there i do not sleep
i am the thousand greens that rep, i am the ban bet dutifully kept
of memes and trolls in toasted breads, i am not there, i am not dead.
post 1630534143 02-04-2021, 11:45 AM
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#34
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People do not know when to take profits or when to cut losses. They talk themselves into holding for massive losses. Read the post it people try to justify holding. Some of those fools has massive gains and are giving them all up. Also once the public is aware the games over, the public is the buyer at the end of the line.


Also OP is a pathetic loser
post 1630534753 02-04-2021, 11:52 AM
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#35
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Originally Posted By Unwicht⏩
This looks funny for you, but it isn't. Alot of people lost alot of money because they were brainwashed.They think/thought that they are fighting hedge fonds and the establishment.. small men with bad education. Some invested their life saving or took on loans. What I see are alot of potential serial killers who have nothing to lose anymore... very explosive. The suicide rate and mass shootings will rise.
No, they used that "Reasoning" to legitimize their greed.
"It won't get better, just different."
post 1630535113 02-04-2021, 11:55 AM
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#36
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Just start your own bank guise!
post 1630535343 02-04-2021, 11:58 AM
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#37
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Originally Posted By Noliberals4⏩
Yeah you guys sure stuck it to the hedge funds LOL.
why do you care? you sound butthurt. the hedgefunds aren't regulated and will cry to uncle sam for a bailout like they did before if they lose billions

guess what happens if the average joe loses their money?

that's right. i am sure you can work it out. yet you are saying retail investors should be banned? pure autism
Cobra Kai Crew

srs
post 1630535573 02-04-2021, 12:00 PM
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#38
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Unfortunately you shouldn't put money in something you know or understand completely just because you thought you might make a buck or get rich quick. Same people that buy the lotto probably went in on this. Part of me feels bad for the incompetent, but I think people should be free to make their own decisions too.
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post 1630535683 02-04-2021, 12:01 PM
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#39
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What exactly were people expecting to happen? It went up >2000% and hedgefunds lost billions. That's a success story from every angle isn't it?

I doubt that the average person still caught up in this even understands that in order to sell a stock someone else needs to buy it.
They got little baby legs that stand so low
you got to pick 'em up just to say hello.
post 1630535833 02-04-2021, 12:03 PM
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#40
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Originally Posted By AWillis⏩
why do you care? you sound butthurt. the hedgefunds aren't regulated and will cry to uncle sam for a bailout like they did before if they lose billions

guess what happens if the average joe loses their money?

that's right. i am sure you can work it out. yet you are saying retail investors should be banned? pure autism
Retail investors shouldn't be banned, but the nutjobs at WSB should be.
Republicans are weak men who pretend to be strong

Democrats are strong men who pretend to be weak
post 1630536213 02-04-2021, 12:07 PM
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#41
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Originally Posted By Beast92⏩
I havent followed this on a day to day basis, but as a gambler i would have opened a massive short position when it hit $400, it was a no brainer

Are there any documented cases of anyone entering a massive short position at $400?

That Kitty guy should have pulled it off, imagine getting out at $400 for $50 million, then opening a huge short to multiply your money in a week
You are giving yourself a ton of credit. It absolutely wasn't a no brainer, and if you were following it, there is no fukin chance you would magically be able to realize that was the top. The stock was trading at like 15 dollars a month ago.

When it vaulted to $400 no one thought that was the top. Tons of people thought it would keep going. Hindsight is always 20/20.
post 1630536283 02-04-2021, 12:08 PM
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#42
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what are the actual legalities here?

does this guy have legal exposure?

https://www.zerohedge.com/markets/go...-set-take-fall
Make Europe Germany Again
post 1630536423 02-04-2021, 12:09 PM
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#43
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op loves censorship.
post 1630537003 02-04-2021, 12:16 PM
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#44
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Originally Posted By Unstumpable⏩
op loves censorship.
It's to protect people.
Republicans are weak men who pretend to be strong

Democrats are strong men who pretend to be weak
post 1630537053 02-04-2021, 12:16 PM
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#45
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i don't agree with the censorship. clearly there's some misinformation there but if we banned everything that had misinformation on it, the internet would cease to exist

the saga was fun to watch early on but when robinhood and all them changed the rules and limited buying, it was clear that the system was rigged against the retail buyer. that should have been a clear sign to either get out immediately or just stay away. it's unfortunate for those that got burned but they made bad decisions and decisions have consequences. the sad part is that most of them only did it for internet points. i hope the upvotes were worth it
MinisterOfLust: scooterbrah and Mcfreoko are the two worst posters here.
post 1630537073 02-04-2021, 12:17 PM
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#46
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Originally Posted By Unstumpable⏩
op loves censorship.
As usual. OP is a *******.
Isaiah 45:22-23. Look unto me, and be ye saved, all the ends of the earth: for I am God, and there is none else.

I have sworn by myself, the word is gone out of my mouth in righteousness, and shall not return, That unto me every knee shall bow, every tongue shall swear.

Catholicism debunked
https://forum.obnoxiousbrutes.com/showthread.php?t=179267571

Pure blood
post 1630537273 02-04-2021, 12:19 PM
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#47
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BRB: listen to a bunch of retard gamblers then get mad when I lose money.

Bruh, wsb has been posting huge losses for years. plenty of people down 99%+


Government can't babysit everyone.
***4doorsmorewhores crew***
post 1630537283 02-04-2021, 12:19 PM
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#48
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If people are so stupid they need to be protected from other people saying stupid things, why do these people get to "vote" in elections?
post 1630537423 02-04-2021, 12:21 PM
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#49
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Post deleted by user
post 1630537463 02-04-2021, 12:21 PM
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#50
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Originally Posted By RealAesthetic⏩
anyone who is in a position where their lives are ruined from this is an idiot.

don't spend anything you can't afford to lose.
This. A lot of those that bought in late knew it wasn't going anywhere, and just wanted to try and help spark a shift in power. I don't think many people really bought a ton of it either, especially at the peak.

I truly don't think this was a pump-and-dump. I think the large players that run the market were caught with their pants down and WSB attempted to capitalize.

Unfortunately they underestimated how much power these people have. Everyone is in their back pockets: politicians, media outlets, banks, etc.

It wasn't a fair fight, but as someone else mentioned, it really has brought to light how fuked this country really is, and how much power the elite have here.

We've always heard that we live in an oligarchy, but the events of this proved it.
Misc Entrepreneur Crew
post 1630537503 02-04-2021, 12:22 PM
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#51
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Originally Posted By scooterbrah⏩
i don't agree with the censorship. clearly there's some misinformation there but if we banned everything that had misinformation on it, the internet would cease to exist

the saga was fun to watch early on but when robinhood and all them changed the rules and limited buying, it was clear that the system was rigged against the retail buyer. that should have been a clear sign to either get out immediately or just stay away. it's unfortunate for those that got burned but they made bad decisions and decisions have consequences. the sad part is that most of them only did it for internet points. i hope the upvotes were worth it
Robinhood had to limit / stop trading because they didnt have funds to cover all the transactions. That's why they were seeking , and received, emergency funding each night. Though that happened, along with WSB being shut down (from mods), and the discord being shut down (for BS reasons) happening at same time was super sketch


PLENTY of warning signs to sell. The bag holders were mostly first time investors who have no idea how the stock market works
post 1630537573 02-04-2021, 12:22 PM
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#52
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you guys must be fuking retarded, their name even says so, wallstreeBETS, its a bet like in the casino, of course its a risky move you dumb *******, it was never meant to be solid financial advise.
Yo yo yo I beez keepin it real since 02 fo real nowuimsayin

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post 1630537773 02-04-2021, 12:25 PM
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#53
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Originally Posted By lockdev⏩
This.

I truly don't think this was a pump-and-dump. I think the large players that run the market were caught with their pants down and WSB attempted to capitalize.

Unfortunately they underestimated how much power these people have. Everyone in in their back pockets: politicians, media outlets, banks, etc.

It wasn't a fair fight, but as someone else mentioned, it really has brought to light how fuked this country really is, and how much power we really have a regular citizens.

A lot of those that bought in late knew it wasn't going anywhere, and just wanted to try and help spark a shift in power. I don't think many people really bought a ton of it either, especially at the peak.
GME was a short squeeze. Never supposed to be a long , or even short term really, hold


Doge coin, Bed Bath Beyond, Blackberry, AMC, Best Buy were all by definition a pump and dump. Garbage stocks with terrible value being bought in a frenzy solely based on memes/hype/BS and not at all with fundamentals. Money to be made if you were in at the start but it is crystal clear that there would be winners (those who were in early, or have common sense) and losers (diamond hands, hold the line, new investors who had FOMO, aka bag holders).
post 1630537793 02-04-2021, 12:25 PM
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#54
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Originally Posted By Beast92⏩
I havent followed this on a day to day basis, but as a gambler i would have opened a massive short position when it hit $400, it was a no brainer

Are there any documented cases of anyone entering a massive short position at $400?

That Kitty guy should have pulled it off, imagine getting out at $400 for $50 million, then opening a huge short to multiply your money in a week
hindsight, same person could of been easily rekt if GME rallied up higher to 600 for example
Yo yo yo I beez keepin it real since 02 fo real nowuimsayin

*ballin crew*

Quest to reach 8k before DartBoard.
**Beat Dartboard on quest to 8k on 05/21/2012 as the underdog.**
post 1630538333 02-04-2021, 12:31 PM
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#55
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Originally Posted By Noliberals4⏩
The stock market isn't a game.

The SEC needs to go in dry.
For what? Outsider trading?

There were definitely a few conversations in there that looked suspect where people were trying to convince others to help them literally move the price, and there's absolutely some bot activity, but nobody needs to ban anything because some people took bad advice and overextended themselves without an exit plan.

People are free to talk about stocks and lose their money. I do wish there'd been more people warning newbies about the stupidity of the "we're sticking it to the elites" narrative that took over - you're trying to win a round of the game and stack some cash, that's all - but that's life. A large amount of taxpayer resources will be expended theatrically and, unless something really incredible is uncovered, that'll be about it.

It wouldn't surprise me though if brokers tighten up on margin applications going forward. They must have been chitting bricks when they realized how fast some of these people with no chance of repaying were positioned to go under deep.
Nah, fukk that. I’m not doing that.
post 1630538583 02-04-2021, 12:35 PM
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#56
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Originally Posted By DBoyDaRealest⏩
You are giving yourself a ton of credit. It absolutely wasn't a no brainer, and if you were following it, there is no fukin chance you would magically be able to realize that was the top. The stock was trading at like 15 dollars a month ago.

When it vaulted to $400 no one thought that was the top. Tons of people thought it would keep going. Hindsight is always 20/20.
Yea I bought at $59 and watched it go to $483, but I actually didn't sell until it started dropping back down and it hit around $215. Then Robinhood restricted trading and I was like....that's probably a wrap boios
post 1630538683 02-04-2021, 12:36 PM
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#57
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Originally Posted By Fred87nc⏩
hindsight, same person could of been easily rekt if GME rallied up higher to 600 for example
Right? What a fukin ass. Zero chance he would have the nuts to short GME when it rallied to $400. Hate people like that.

"oh if i woulda known I woulda bet early and made big bro"
post 1630538713 02-04-2021, 12:36 PM
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#58
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Originally Posted By need2grow10⏩
BRB: listen to a bunch of retard gamblers then get mad when I lose money.

Bruh, wsb has been posting huge losses for years. plenty of people down 99%+


Government can't babysit everyone.
Originally Posted By Fred87nc⏩
you guys must be fuking retarded, their name even says so, wallstreeBETS, its a bet like in the casino, of course its a risky move you dumb *******, it was never meant to be solid financial advise.
these

WSB has always been about gambling. If you want investing advice then go to r/investing or r/personalfinance or something
post 1630539723 02-04-2021, 12:46 PM
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#59
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I got sucked into this temporarily lmao although I only bought 1 share at 200 and ended up selling it for 120. Opened a put not too long after and I’m in the green on this ****.

WSB became a cult with all the new members that joined. sub went from 2mil to 8mil+ thanks to GME. For most of the new members it’s their first time trading stocks and they’re yoloing their life savings into a meme...Some of the things people are doing on there is insane. Saw 1 guy who put a lot of his own money into it + took his gf’s money without letting her know because he wanted to surprise her when it moons...
post 1630540523 02-04-2021, 12:54 PM
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#60
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Originally Posted By Noliberals4⏩
Retail investors shouldn't be banned, but the nutjobs at WSB should be.
Liberal cuck, please have the entirety of the worlds knowledge at their finger tips, they are responsible for their own decisions. It’s also not like blowing their own money hurts others.

It’s really beautiful for people to have the freedom to try and take a shot at making it.

Want to make a difference, fight fire with fire and get traction to dispute the wsb claims.

I would neg you if I wasn’t saving up to hit Anachron with my first one ever on this board.
~The BRAVE Kreme De La Kareem of the Fraiche Klan, founder of the 3.50th Elite Division, called the Ph@ggot Freedom Fighters~

Femalewarriorxo is my love <3

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~SS is my hater crew~

***2022 Aesthetics Crew***
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