https://www.cnbc.com/2021/01/26/gamestop-jumps-as-elon-musk-tweets-out-reddit-board-thats-hyping-stock.html

https://www.reddit.com/r/wallstreetbets/comments/l5nqcu/im_gonna_cum/ (NSFW title)

wild day. after hours was poppin'.

they're saying AMC is up next....

_____________
if racism is a cancer, black thought is the answer.

Rjcc is code for "bitch-ass troll"

DROkayplayer™

Shit's stupid.

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Gone: My Discogs collection for The Roots:
http://www.discogs.com/user/tomhayes-roots/collection

The game will end. The only question is when.

Eventually it's going to go back down to the 10-15 dollar range. And people who jumped on the train at $100 are going to be devastated

CNBC losing their shit on air yesterday crying for the poor investment firms these folks are about to put out of business

<--- Big Baller World Order

and made 11 mill..

smh.

and I bought a fee shares of AMC at $4.. but just a few.

I’m hearing Express is up next

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TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

So far in the time I've been looking into this, I have heard...

AMC
BB
Nokia
and now Express

are all "up next"

i know there is a real opportunity to make a big boy play and make money, I'm just not "with it" to do deep research to figure out who will be doing what and what the actual real play will be.

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https://soundcloud.com/swageyph/yph-die-with-me

so far I’m losing money so jokes on me lol

I bought a little bit at $4 so I made some money but man..

kicking myself because my boy told me about it when it was $2 and I waited.. then I told myself to buy a shit load of it but I didn’t

then yesterday I read they got a cash infection and avoided bankruptcy. I expected a little bump but damn... this was crazy

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TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

Very interesting to see the battle between retail investors and hedge funds and industry investors

Double 0
DJ/Producer/Artist
Producer in Kidz In The Hall
-------------------------------------------
twitter: @godouble0
IG: @godouble0
www.thinklikearapper.com

I appreciate that some hedge funds who have made a lot of money off of dishonestly manipulating the markets are getting hammered right now, but also, eventually someone is going to get stuck holding the bag.

Big picture - this doesn't seem like a healthy financial system we've got in place.

In a generation of swine, the one-eyed pig is king.
-Hunter S. Thompson

and I’m not mad.

just mad I didnt buy more.

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TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

will probably get bailed out...

--
Sometimes you have to look reality in the face and say 'No!'
-Ben (Reaper)

If you need any help, don't. Hesitate to ask.

I listened to an interview with a dude who broke down this whole thing and had CNBC hot.

basically said reddit users arent hiding in the Hamptons whispering at private dinners about manipulating stocks. Its out in the open.

Also said some of these reddit users were kids who watched their parents lose it all and then watched Wall St get bailed out.. yet making the market work in their favor is seen as illegal? Its bullshit

The wrong people are losing money.. its not fair.

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TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

they made bets, which cynically were probably made to manipulate the market in their favor. They went all in, reddit users/retail investors went all in and called their bluff, and swung the market back in their favor. Really their only actual complaint is that the game isn't 1000% rigged in their favor anymore. They shouldn't get a bail out, it's time to have them kicked out of their high roller suite at the casino.

In a generation of swine, the one-eyed pig is king.
-Hunter S. Thompson

I don't think that's the case though.

______________________________

"Walleye, a lot of things are going to go wrong in your life that technically aren't your fault. Always remember that this doesn't make you any less of an idiot"

--Walleye's Dad

and did it in plain site. The dice are totally loaded, man. I mean, not new information, but even the worst losers in the investment class aren't allowed to lose.

Added benefit - politicians get to pretend like they're shocked an angered by this. they will bloviate and bluster and then determine they can't do anything on a bipartisan level. Or maybe worse even, they might put additional restrictions on retail investors 'for their safety.

In a generation of swine, the one-eyed pig is king.
-Hunter S. Thompson

but all the financial powers and government will just come together and make it very difficult for average people to duplicate this

this morning, the ruling class literally just halted trading so they could all figure out their positions

--------

It certainly helped me, as I'm pretty clueless to all this shit.

https://www.vice.com/en/article/pkdvgy/send-this-to-anyone-who-wants-to-know-wtf-is-up-with-gamestop-stock

While I don't like Elon Musk and am extremely wary of online day-trader cowboys, I enjoy watching these hedge-funds continuously shitting their pants over this. As the article says, they lorded being "the smartest people in the room" for years, and are waaaay overdue to eat shit.

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www.albumism.com

Checkin' Our Style, Return To Zero:

https://www.mixcloud.com/returntozero/

"But rest assured, in my luxurious house built on the backs of people darker than me, I am sipping fine scotch and scoffing at how stupid you are." - bshelly

<
<and shorting should be illegal
<

Short selling allows prices to more accurately reflect people's opinions on the company. If shorting were illegal, only people optimistic about a company (buyers) would be able to participate in the stock. So the stock would be overvalued.

Short selling allows pessimists to participate too, which should bring prices closer towards their "correct" values (i.e. reflecting all information and opinions).

"But rest assured, in my luxurious house built on the backs of people darker than me, I am sipping fine scotch and scoffing at how stupid you are." - bshelly

I still feel like a moron reading it but i get the basics of what's happening.

I still feel like a moron reading it but i get the basics of what's happening.

because they are saying there are over 200,000 options that are expiring on 1/29. they are telling everyone who has shares to hold at least until then.

so imma see what happens.

Hey if i make $100 or something like that, it'll be fun.

everybody should just buy a lil bit and see what happens

d

"But rest assured, in my luxurious house built on the backs of people darker than me, I am sipping fine scotch and scoffing at how stupid you are." - bshelly

I am teaching my kid how to trade. Working is a joke. Too many gatekeepers. I bought $100 buck of everything. The key is knowing when to sell.

Rise & Shine
Thrive & Grind
Heart & Mind

He bought airline stock last year and sold it right before they tanked and was able to have enough money for the downpayment on his photography studio

d

"But rest assured, in my luxurious house built on the backs of people darker than me, I am sipping fine scotch and scoffing at how stupid you are." - bshelly

He bought airline stock last year and sold it right before they tanked and was able to have enough money for the downpayment on his photography studio

d

"But rest assured, in my luxurious house built on the backs of people darker than me, I am sipping fine scotch and scoffing at how stupid you are." - bshelly

that's been some of the advice from wall street bets once robinhood jerked them

they trying to get doge up to $1...so fuck it, i'm in.

and fuck robinhood app. as soon as im done riding this doge wave, i'm deleting the app

d

"But rest assured, in my luxurious house built on the backs of people darker than me, I am sipping fine scotch and scoffing at how stupid you are." - bshelly

https://twitter.com/avalonpenrose/status/1354496683938201600?s=21

----------------------------------------

"Fuck aliens." © WarriorPoet415

https://twitter.com/omenrollt/status/1354541418937769985/photo/1

d

"But rest assured, in my luxurious house built on the backs of people darker than me, I am sipping fine scotch and scoffing at how stupid you are." - bshelly

Wish I could get in and make enough to pay off all my credit card debt and my house. Screw this system. It is so unjust to keep so many people struggling despite going to college, raising children, cleaning toilets, making food for the affluent.

Making money should not be this hard and demoralizing. Everyone should have a basic quality of life.

Rise & Shine
Thrive & Grind
Heart & Mind

Legit smiled while reading about this. Thinking about downloading an app and investing $100 just to contribute to fucking the system (or is that too little $$$).

Lots of panic selling right now. It was up to $500 after hours this morning and now almost back down to $300.

gotta love it

<--- Big Baller World Order

www.engadgethd.com - the other stuff i'm looking at

If you had 3,000 shares by the time it closed yesterday, you're a millionaire, give or take, taxes and fees notwithstanding. And if you had more?

If you had 1,000 shares, you had enough to pay for a home in cash (depending on where you live, etc) by COB.

How much that represents as profit depends on what you invested, but if you're someone who had that shit back when this shit was $4, that was a great time to get that bag...

... and, probably, put a little back in after the drop.

While people who were trying to short probably got fucked, I'm betting plenty of people just got the bag while it was hot. I'm betting plenty of people just pocketed that extra 1, 5, 10K while it as there.

I know that was my plan: get in, make a few bucks, jump out.

i want to see who will be left holding the bags LOL

synthetic trading would be great for this

$snx

never trusted them anyway. go M1 or Vanguard.

btw don not sell, if you have gME/AMC. you sell you lose.

take a message

--
Sometimes you have to look reality in the face and say 'No!'
-Ben (Reaper)

If you need any help, don't. Hesitate to ask.

dogecoin ftw

https://www.newsweek.com/robinhood-stops-gamestop-amc-stock-trading-1565122


The game is rigged, and Robinhood appears to be playing for the other team.

rumor has it Citron has a vested interest in Robinhood.

shit is beyond rigged.

cant have these billionaires losing their hard earned money.

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

They said nah we not taking the L

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Signature

So Citadel is a large market maker with 40% of the us market. They pay Robinhood large fees for information on trades and handle some or all of Robinhoods trading volume.

Meanwhile, Citadel is also an investor in Melvin Capital, a hedge fund who was gettin burned by the GME rise due to their short position. Can we say conflict of interest?

So what does Citadel's partner Robinhood do when trading activity on its "democratized" platform is threatening Citadel's bottom-line? Make the relevant securities "sell-only" to tank the price.

This shit STINKS.

Good breakdown here:
https://popular.info/p/the-merry-adventures-of-robinhood

I damn sure aint that deep in the game.. lol

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

Citadel Securities (which buys Robinhood's "order flow") and Citadel Hedge Fund (which bailed out Melvin Capital, and is on the hook for Melvin's potential short losses on GME) are technically two different companies that were both founded by the same person, Ken Griffin. Could they be acting in concert here? Perhaps. According to wikpedia Griffin still owns 85% of both.

More info is needed. Hopefully the rising bipartisan latinx powerhouese of Cortez-Cruz will get to the bottom of it, if AOC can just get past that little matter of Cruz attempting to get her killed a few weeks ago.

.

robinhood charges $75 to transfer. i dont have much in there but looks like i would end up losing the gains i have made and then some with that fee.

do some of these alternatives offset that fee some if you choose to transfer to them?

cant transfer crypto. whats the best way to go about dealing with that?

these fees range from $50-$100. Also if you have foreign investments, you may be charged a holding fee that isn't imposed until you move your account. Your new broker dealer may cover these charges as an incentive, but few do that unless you're moving big money over.

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blog: www.wonderfullyhorrible.blogspot.com
instagram: Fishgrease
twitter: wooly_caesar
Podcast www.soundcloud.com/circlegang

They're just fucking their users over. This doesn't surprise me at all.

Left for Merrill Edge. Shitty UI, but it's linked to my bank (BoA).

____________________________

http://instagram.com/yogikenan
http://instagram.com/shotbykenan
http://stackoverflow.com/users/43089/triptych
http://github.com/djtriptych

It's like the difference between watching a game and having money on the game.

I have a 400 year old chip on my shoulder.

Good. This shit is crookeder than a barrel of snakes.

https://twitter.com/AOC/status/1354830697459032066?s=20

what type of odds there are of legislation being written as result of this. I have to assume the majority of House and Senate are in the pocket of the monied interests, so I dunno how much change will truly occur. Wonder if Biden will offer his thoughts on the matter since he's been signing Executive Decisions on a daily basis it seems.

Pretty wild that humble little GameStop is the center of all this. there's a GameStop literally five minutes away from me that's shutting down and selling off inventory. That's kind of why I viewed this as odd.

Kudos to the folks that profited off this, but it just feels odd to make money off of inflated and manipulated stocks, especially when the business the stock is based off of is literally failing.

"Sean sparks like John Starks, nah, Sean ball like John Wall" - Rest In Power Forever Sean Price.

Bear with me, but I have wanted to share this since it happened.

I recently visited a Gamestop in Harlem that was absolutely bumping with business, and where the stereo system was also malfunctioning resulting in a really loud constant buzzing sound. A week or so later I came back again (this was Xmas time) and the sound was still going. I spoke to the employees to express my condolences and ask if I could take a look to try to resolve the issue (I have a background in this area).

They were super grateful and welcoming of my effort (saying of course it bothered them even though they'd adjusted to it), but in the small cramped New York store, the stereo equipment is hidden somewhere in the ceiling and they couldn't locate it (they had tried). I finally suggested they just pull the speaker wires out of the speakers and tape them off. They thanked me but were probably less than enthusiastic to possibly get in trouble or break something. I also called Gamestop corporate and complained.

I haven't been back since to see if they resolved the issue, but I doubt it. If it were not for COVID, I'd go in there and rip the ceiling apart myself to get to the bottom of it.

Forgive the tangent, but it just felt like another dystopian hallmark of our inhumane current condition of unfettered capitalism and poor oversight. This stock situation reminded me of it.

"But rest assured, in my luxurious house built on the backs of people darker than me, I am sipping fine scotch and scoffing at how stupid you are." - bshelly

It broke my heart for those kids who work there. They were rally cool too. Made it even worse.

I just remembered that when I called corporate I pressed the button for Human Resources. I hope it came across that I might be recording the call, I tried to put that over subliminally with my enunciation lol.

humble little Gamestop ?

https://www.marketwatch.com/story/biden-administration-monitoring-the-situation-with-gamestops-stock-white-house-says-2021-01-27

White House press secretary Jen Psaki on Wednesday said Treasury Secretary Janet Yellen and others in the Biden administration are keeping an eye on the huge moves being made by GameStop GME, -14.26% and some other stocks. "Our economic team, including Secretary Yellen and others, are monitoring the situation.

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that even before COVID-19 hit and forced a grip of GameStop stores to shut down last spring and summer, the store was suffering nationwide. Folks purchased physical or digital copies of their games online rather than go into the brick and mortal GameStop locations. Stores shutting down as result of COVID only made matters worse.

Factoring that all in, it's wild to see a struggling store like GameStop become the center of all this.

Then again, perhaps it being a struggling store is part of the point since I would imagine one aspect of this stock market trickery is picking a stock that is low to begin with to maximize the manipulated profits.

"Sean sparks like John Starks, nah, Sean ball like John Wall" - Rest In Power Forever Sean Price.

https://www.gannett-cdn.com/presto/2020/01/27/PDEM/1d9f35a6-8179-466e-b679-dafb7c899ba8-0126-JVN_Warren-004.jpg?width=660&height=371&fit=crop&format=pjpg&auto=webp

That's wild.

Citadel securities has financial interests in Robinhood. Robinhood was told to snatch GME, AMC, BB etc. from trading on the platform - then it comes out that Citadel was shorting GME and even shored up further short positions before telling Robinhood to halt GME trading. J.F.C.

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https://soundcloud.com/swageyph/yph-die-with-me

and someone on the wsb reddit said these firms are trading these stocks back and forth at lower prices to trick the algorithms in what they call a short ladder.

Not sure if its legit but man... these fuckers are grimy as hell.

Robinhood talking about they are protecting customers while restricting them from selling or buying Gamestop. wtf??

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TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

they know robinhood is getting cancelled and they don't want to be next

this is so fucking awesome...best movie of 2021

The Big Short 2: This Time Its Personal

d

"But rest assured, in my luxurious house built on the backs of people darker than me, I am sipping fine scotch and scoffing at how stupid you are." - bshelly

>
>The Big Short 2: This Time Its Personal
>

Right...this is awesome and a nice twist.

If nothing else comes out of this, I hope more people understand "the economy" doesn't = the stock market.


Folks fist pumping their 401k while their wages haven't gone up, their neighbors are unemployed, their other neighbor is about to file for bankruptcy due to medical bills, etc never ever sat right with me.

And now its getting even more obvious how they just manipulate that shit for their own gain. My 401k went up 30 grand or whatever, they made fucking millions...and its all cuz they cracked the algorithms and are working together? Shiiit.