Greed makes people do some very stupid things.
Greed makes people do some very stupid things.
Well buying it is foolish enough. I bought my two shares, that was foolish, but an affordable gamble for me. But gambling a significant portion of your wealth is more foolish.
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What point do you think deepfuckingvalue is going to exit, I feel like hes going to ride it all the way down to $30 or something just to make a point.
The amount of people that used their life savings / kids school fund / full pay check they needed is insane. I put $500 in the market and couldn’t care less what happens to it, as it’s $500 and not something I depend on to eat. One guy “yolod” and and bought $25k worth of gme... in options... which needed a break even of $980... as soon as he bought, he lost $19000 in the click of a button and now it’s worth what, maybe $2000? It’s insane. And the fact that things can be manipulated makes playing this game just as shitty / will deter lots of people from even trying
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He cashed $13 million already so he's way up.This quote is hidden because you are ignoring this member. Show Quote
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I bought a total of 3 shares and exited early Friday like a complete wuss. I made a whopping 125 USD lol.
The real fear wasn't losing money, it just seemed prudent to get the fuck out given the market manipulation that happened last Thursday. IMO this drastic decrease was then inevitable -- The House Always Wins.
Also I've never been so glued to my screen as when I bought GME, which in turn wastes my day while also having near-anxiety throughout. Maybe CODX around earnings, which was a complete and utter shitshow from none other Citron Research / Cptn. Cocksucker Andrew Left.
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I cashed out Friday on GME and AMC and effectively doubled my initial investment. I probably would have held if not for the Robinhood fraud and related followup from other platforms down south. Kinda nuts what happened with all that.
GME was basically turned into a pump and dump though. if you're hearing about it for the first time on the news, it's too late.
I can eat more hot wings than you.
I bought GME last Thursday @240$ when Robinhood restricted straining and then sold end of day friday for 320$. Pretty solid gamble. But as my previous posts pages back, no chance I'd hold over the weekend for the shitshow sell off and would never touch the stock now.This quote is hidden because you are ignoring this member. Show Quote
He's already partially exited, if you look back he originally had more options and slowly sold some off bit by bit. He's already cashed out 10+ million so guessing he'll just let the rest ride since he's set anyways.This quote is hidden because you are ignoring this member. Show Quote
The writing was on the wall lol, I think it's a proven fact that once something becomes popular and everyone is "buying in" it means dat shits gonna tank.
I'm frickin annoyed at RBC though, I sold the rest of my GME shares with a market order on Friday it was trending up and around 315 but they sold my shares for less than 300.
Why would you be annoyed at RBC when you put a market sell? Shit's volatile and that happens if someone does that.This quote is hidden because you are ignoring this member. Show Quote
That's why I like TD's trailing stop loss feature.
Even if manipulation wasn't there it's still just institutions vs institutions, retail may have move it a bit and got a couple hedge funds by the balls who was shorting but it's other hedge funds that cashed out and left retail holding the bag.This quote is hidden because you are ignoring this member. Show Quote
And nobody read EULA on the Robinhood app.
Last edited by Xtrema; 02-04-2021 at 11:47 AM.
Cause I was checking the bids and asks for a few minutes and they seemed stable, I just wanted to be a bit lazyThis quote is hidden because you are ignoring this member. Show Quote
He's stringing people along. He's probably profiting on both sides of things. I'm sure he's not that dumb to ride it down.This quote is hidden because you are ignoring this member. Show Quote
If he actually was doing that he could be royally fucked. Textbook market manipulation, we already know he's been called to congress and its not a stretch to say the SEC is looking at him too.This quote is hidden because you are ignoring this member. Show Quote
I mean he's been sitting on a bunch of those shares since July 2019, no? He cashed out his 13m, so he can afford to ride all the way down and still be set for life.
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How is posting your positions publicly manipulation? He is not endorsing purchasing shares... also he IS testifying on thisThis quote is hidden because you are ignoring this member. Show Quote
It was pretty wicked week for me lol. I was sitting on my 2100 shares BB for the past 3years then everything went kaboom!!!
Because it'll turn into a shit show from a bunch a tech illiterates congressmen asking who his wife's boyfriend is and what he's got to do with this.This quote is hidden because you are ignoring this member. Show Quote
I'd actually love to see that haha.This quote is hidden because you are ignoring this member. Show Quote