[2/4 @ $88 per share] GME - Gamestop stock - anyone following this absolute MEME-HILARITY (now with Elon tweet)

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ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
It's sterile and I like the taste.
He definitely liked the taste. You could tell from the video it wasn't his first time, and he enjoyed drinking it. Retard lost the bet on purpose so he could showoff drinking it.
 

gill77

Senior member
Aug 3, 2006
813
250
136
You think retail has the billions to move GME like it did later in the mania? Retail can get the ball rolling but you need the whales to keep it going it. Retail can definitely add to the fire once the ball is rolling full force by buying call options and forcing gamma squeeze. But we're like minnows swimming with whales and sharks.

Hard to dispute that big players are behind the big moves, but it does raise the question of where they were during all the prior hedge fund short plays. It's hard to believe that it took Reddit to open their eyes given the money to be made.

Either there never was this type of opportunity before or some form of gentleman's agreement has been broken.

I really don't know.
 

Zeze

Lifer
Mar 4, 2011
11,210
1,079
126
I have no stake in GME. But I gotta say, coming from crypto. This kinda volatility is nothing.

What a buncha children reddit are.
 

brianmanahan

Lifer
Sep 2, 2006
24,296
5,728
136
I have no stake in GME. But I gotta say, coming from crypto. This kinda volatility is nothing.

i bought some ETH a couple months ago for 400$

those dumb things are like 1700$ today

really wish i would've put more than a couple grand it haha
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
I have no stake in GME. But I gotta say, coming from crypto. This kinda volatility is nothing.

What a buncha children reddit are.
BS. Recent GME swings are even big for crypto. 3,200%+ rise in a little over a month and then over 80% drop from the top in 3 days is nothing? I traded in some crazy names during the Dotcom boom and bust and seen some crazy things, but you're clueless and an idiot if you say GME recent volatility is nothing.

I distinctly remember you crying after you got left holding the bag during the last crypto boom/bust in late 2017/early 2018. You probably diamond handed your losses because you had no choice. But that doesn't mean you have steel balls.
 

Zeze

Lifer
Mar 4, 2011
11,210
1,079
126
BS. Recent GME swings are even big for crypto. 3,200%+ rise in a little over a month and then over 80% drop from the top in 3 days is nothing? I traded in some crazy names during the Dotcom boom and bust and seen some crazy things, but you're clueless and an idiot if you say GME recent volatility is nothing.

I distinctly remember you crying after you got left holding the bag during the last crypto boom/bust in late 2017/early 2018. You probably diamond handed your losses because you had no choice. But that doesn't mean you have steel balls.

Crypto is a completely unregulated wild wild west as you know. It was rife with platforms being robbed, vulnerabilities in crypto being exploited, and people straight up ghosting after launching some crap coin and taking all the $$. Do we see that in stocks today?

I still remember "Crypto hit 19K!!!" frontpage reddit threads. It is exactly like GME crap hitting the frontpage today.

A buddy of mine is doing a hail mary with Defi... he wouldn't tell me the exact $$, but I think he sunk in at least $25K to $100K in Farm coin.. the coin got robbed just few months ago. I'm not touching that crap at all. He must be doing well though seeing as that coin is up 300% since Sept/Oct.
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
Crypto is a completely unregulated wild wild west as you know. It was rife with platforms being robbed, vulnerabilities in crypto being exploited, and people straight up ghosting after launching some crap coin and taking all the $$. Do we see that in stocks today?

I still remember "Crypto hit 19K!!!" frontpage reddit threads. It is exactly like GME crap hitting the frontpage today.
Do you not know what OTC pink sheets are? Same shit happens everyday in pink shares penny stocks. Did you ever see the movie "Boiler Room"? That shit happens everyday with penny stocks.

Everything that's happened in crypto already happened with stocks and currencies in the past. You're new so it's easy to think you're smart and know shit when you don't. You have to stay humble in the market or the market will do it for you.
 

Zeze

Lifer
Mar 4, 2011
11,210
1,079
126
Everything that's happened in crypto already happened with stocks and currencies in the past. You're new so it's easy to think you're smart and know shit when you don't. You have to stay humble in the market or the market will do it for you.
Sheesh why are you attacking everyone? Dude, no one is out to get you. When did I say I was smart? Nani-the-fack We're all just shooting the crap here.

(typical forum dweling introvert antisocial behavior 101)
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
Sheesh why are you attacking everyone? Dude, no one is out to get you. When did I say I was smart? Nani-the-fack We're all just shooting the crap here.

(typical forum dweling introvert antisocial behavior 101)
Attacking? We're just having everyday forum conversation here.
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
Oh okay. Carry on then.
You say something stupid. Someone will call you out on it. I say something stupid. Someone else will call me out on it. That happens everyday in this forum and all over the internet. We're both not new here.
 

Zeze

Lifer
Mar 4, 2011
11,210
1,079
126
Still I did look around for available funds because FOMO is real and I like this to some extent but I used almost all the 'cash' I had in my investment accounts in May when it was clear the stock market wouldn't tank nearly as much as I had thought. And I wasn't going to sell any of the longer term holdings I have. Sell some of the APPL stock I bought in 2015 to buy GME? Nope.

Look into EV. Everyone and their dog is going to EV fully (Ford, Hyundai-Apple partnership, etc).
 

ultimatebob

Lifer
Jul 1, 2001
25,135
2,445
126
Ugh, again with this stupid nonsense.

Red has a point, though. We're slowly migrating to a world where we don't OWN anything, and we subscribe various rental services for everything. Nobody buys movies on DVD anymore, they stream them. Nobody buys music anymore, they stream that as well. Hell, some of us don't even go grocery shopping anymore... we have meal box subscription services like Blue Apron and delivery services Peapod bring us our food on a schedule. Businesses no longer build their own data centers, they just rent virtual servers and storage from Azure and AWS. The list goes on and on...

It makes you wonder... in the future, will "owning" a car seem like a weird thing only a rich person would do, because most people summon a self-driving taxi from your smartwatch? Hell... you probably won't own the smartwatch either, because you'll be on an Apple tech subscription service that sends you a new one every two years
 

zinfamous

No Lifer
Jul 12, 2006
110,802
29,553
146
Red has a point, though. We're slowly migrating to a world where we don't OWN anything, and we subscribe various rental services for everything. Nobody buys movies on DVD anymore, they stream them. Nobody buys music anymore, they stream that as well. Hell, some of us don't even go grocery shopping anymore... we have meal box subscription services like Blue Apron and delivery services Peapod bring us our food on a schedule. Businesses no longer build their own data centers, they just rent virtual servers and storage from Azure and AWS. The list goes on and on...

It makes you wonder... in the future, will "owning" a car seem like a weird thing only a rich person would do, because most people summon a self-driving taxi from your smartwatch? Hell... you probably won't own the smartwatch either, because you'll be on an Apple tech subscription service that sends you a new one every two years

we already exist in a world where we don't "own" anything. It's always been that way, throughout the recorded history of humanity. The rocks will take over, again, as they always have. "Your land" is not your land. It never was.

...but I tend to tune my brain to a geologic scale. ....it can be disquieting.
 

nakedfrog

No Lifer
Apr 3, 2001
58,521
12,815
136
Red has a point, though. We're slowly migrating to a world where we don't OWN anything, and we subscribe various rental services for everything. Nobody buys movies on DVD anymore, they stream them.
I do.
Nobody buys music anymore, they stream that as well.
I do.
Hell, some of us don't even go grocery shopping anymore... we have meal box subscription services like Blue Apron and delivery services Peapod bring us our food on a schedule. Businesses no longer build their own data centers, they just rent virtual servers and storage from Azure and AWS. The list goes on and on...

It makes you wonder... in the future, will "owning" a car seem like a weird thing only a rich person would do, because most people summon a self-driving taxi from your smartwatch? Hell... you probably won't own the smartwatch either, because you'll be on an Apple tech subscription service that sends you a new one every two years
I do my own grocery shopping, and have no interest in a watch of any sort

And he doesn't have a point, he's a gullible schmuck who believes in a conspiracy theory that the UN is going to turn the world into a communist hellscape. Don't encourage him.
 
Reactions: zinfamous and manly

ultimatebob

Lifer
Jul 1, 2001
25,135
2,445
126
some people hated it, and perhaps rightfully so

but at the same time it probably saved those same people millions of dollars collectively

If they sold into the panic selling dip they caused with adding those restrictions, it probably cost a lot of people money. I held onto my shares and sold the following day at a profit after they temporarily recovered, but I doubt that I'm in the majority.

But, seriously, please get a real brokerage account with a reputable company instead of using Shady Vlad's Discount Stock Hut.
 
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