• Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.

Stock-Age: Stocks, Options and Dividends oh my!

D

Deleted member 17706

Unconfirmed Member
ManofOne said:
I wonder what deep fucking value gonna do tomm???


jeff dunham bitcoin GIF
Click to expand...

Man... if he holds. He'll have my respect if not any money :messenger_grinning_sweat:
 
I

infinitys_7th

Member
After giving it some thought, the best thing the WSB community could do would be to partner with Josh at the Kiwi Farms. He is in constant need of money due to the financial community fucking him over. He does all his own hosting and has the best insulation against deplatforming.

If some of the wealthier guys in WSB bankroll him (even just a few grand a month each) and start a site, they could start do other massive collaborations like this to build capital.
 
D

Deleted member 17706

Unconfirmed Member
ManofOne said:
Assumed that WSB had 1 million people with an average account of $5000.

That's 5 Billion. 5 Billion vs WallStreet trillion is never gonna win.
Click to expand...

Especially when they don't even need to play by the same rules. They can deal at different times. Do massive plays and coordinate with other big movers. They have the ear of politicians and regulators and probably even big tech executives. It's a completely rigged game, but we played anyway!
 
StreetsofBeige

StreetsofBeige

Gold Member
haxan7 said:
Trying to destroy them only makes them more powerful
Click to expand...
I agree.

I see this like BLM/Antifa mobbing. If gov wants to crack down on rioting, you got to go in hard. If all you do is skirt around the issue and let it fly, they will keep doing it and it'll get worse and more hardcore.

Just like the mayor making a call on stern or lax police, same here. If the SEC truly believes its shady shit and GME isn't allowed to go to $300, then you got to come down hard.
 
haxan7

haxan7

Volunteered as Tribute
What is happening right now. I just agreed with AOC and something NI said within the space of 30 minutes.

Nobody_Important said:
But why would they be banned? Nothing they are doing is illegal right? They are just playing the game like the Wall Street professionals do.


The only difference is that it's Wall Street that lost this time instead of companies and the average person. Tough shit.
Click to expand...
 
Porcile

Porcile

Member
This is fun to watch but cringey to see people with absolutely no knowledge of this stuff putting money into something they have no true understanding of like the Bitcoin craze. The ResetEra thread on this sure is something.
 
haxan7

haxan7

Volunteered as Tribute
Porcile said:
This is fun to watch but cringey to see people with absolutely no knowledge of this stuff putting money into something they have no true understanding of like the Bitcoin craze. The ResetEra thread on this sure is something.
Click to expand...
nvm :lollipop_halo:
 
Last edited:
I

infinitys_7th

Member
Porcile said:
This is fun to watch but cringey to see people with absolutely no knowledge of this stuff putting money into something they have no true understanding of like the Bitcoin craze. The ResetEra thread on this sure is something.
Click to expand...

How can you not like the stock? Reggie Fils-Aime is a sure thing. I'd buy a dozen shares.
 
Porcile

Porcile

Member
haxan7 said:
nvm :lollipop_halo:
Click to expand...

I'm don't what you originally wrote but to follow up my point, I'm not saying people shouldn't do this, especially if you are willing to gamble some cash, but it's cringey reading posts from unemployed people and people on benefits thinking about putting money into this, since more than likely in any normal circumstance they would be completed adverse to gambling their money in the short term and even more adverse in the long-term.
 
Last edited:
haxan7

haxan7

Volunteered as Tribute
Porcile said:
I'm don't what you originally wrote but to follow up my point,
I'm not saying people shouldn't do this, especially if you are willing to gamble some cash, but it's cringey reading posts from unemployed people and people on benefits thinking about putting money into this, since more than likely in any normal circumstance they would be completed adverse to gambling their money in the short term and even more adverse in the long-term.
Click to expand...
It was an unnecessary dig at Resetera. I'm better than that!
 
Last edited:
Mr Nash

Mr Nash

square pies = communism
Porcile said:
I'm don't what you originally wrote but to follow up my point, I'm not saying people shouldn't do this, especially if you are willing to gamble some cash, but it's cringey reading posts from unemployed people and people on benefits thinking about putting money into this, since more than likely in any normal circumstance they would be completed adverse to gambling their money in the short term and even more adverse in the long-term.
Click to expand...
From what I can see, they're doing it in hopes of sticking it to hedge funds. They aren't terribly concerned about profits and don't care if they lose everything they put in. They just want to see Wall Street burn. Whatever they're paying for GME is just the price of admission in their eyes.
 
D

Deleted member 17706

Unconfirmed Member
Porcile said:
I'm don't what you originally wrote but to follow up my point, I'm not saying people shouldn't do this, especially if you are willing to gamble some cash, but it's cringey reading posts from unemployed people and people on benefits thinking about putting money into this, since more than likely in any normal circumstance they would be completed adverse to gambling their money in the short term and even more adverse in the long-term.
Click to expand...

It kind of makes sense. Society has been shut down for coming on a year now depending on where you are and lots of people are out of work. They're depressed and pissed off with politics and everything going on in the world, and they see lots of the aid money from Trump go straight to corporations and wall street while they get pocket change and it's increasingly looking like the same will happen under Biden. This movement with Gamestop represented a rare opportunity (whether or not it ultimately blows up in everyone's faces or not is yet to be seen) to simultaneously stick it to the assholes on wall street, make some money, and protect a company that a lot of people have fond memories of (and lots of negative ones, too). It's kind of a perfect storm.

Still, if they crack down too hard on the retail investors and start talking about regulating stock discussion in online communities while society is still shut down and everyone feels like there is no future, I think that could get nasty fast. Could potentially radicalize a lot of desperate people that feel like they're being pushed too far.
 
I

infinitys_7th

Member
ManofOne said:
Man if AMC goes 200.0% tomm

suicide GIF
Click to expand...

If the powers that be had disrupted the community, I'd say there was a chance. But now they have multiple redundancies, and I'm sure some of them are smart enough to do what I said and throw together some federated services to use for coordination as well in the background. They are pissed now too.

Tomorrow is going to be amazing. I just hope they can keep up the pressure until Friday.
 
Last edited:
D

Deleted member 17706

Unconfirmed Member
Hey, ManofOne ManofOne , can you explain that after hours GME activity for us idiots?

How did the price tank so much? It happened so suddenly. Like a drop of $80+ in minutes with most of the retail sellers not having any ability to trade at the time.
 
ManofOne

ManofOne

Plus Member
Zefah said:
Hey, ManofOne ManofOne , can you explain that after hours GME activity for us idiots?

How did the price tank so much? It happened so suddenly. Like a drop of $80+ in minutes with most of the retail sellers not having any ability to trade at the time.
Click to expand...

Two ways one if a lot of people are filling orders out via their trading apps. Some trading apps allow all night trading, some allow 2 hours after market, some 30 min.

However, most of it is often when ppl have orders on hold, so the app would accept the order but won't fill it till opening time.


So depending on the amount on hold for buying and selling you would see that.
 
Last edited:
BigBooper

BigBooper

Member
ManofOne said:
Two ways one if a lot of people are filling orders out via their trading apps. Some trading apps allow all night trading, some allow 2 hours after market, some 30 min.

However, most of it is often when ppl have orders on hold, so the app would accept the order but won't fill it till opening time.


So depending on the amount on hold for buying and selling you would see that.
Click to expand...
You think there's anything to the idea, or is it possible, for firms to trade between each other after hours to artificially lower the price for market open?
 
UnravelKatharsis

UnravelKatharsis

Member
infinitys_7th said:
I hope he used a VPN if he is. I'd say the feds will be going after that guy for EcOnOmIc TeRrRoRiSm or whatever the establishment pretends happened.



Nah, keep the capital and use it for more of these operations to buy stocks we love :lollipop_blowing_kiss:
Click to expand...
Well I don't think elon musk needs the capital for that but I'm fine with that too 😂
 
ManofOne

ManofOne

Plus Member
BigBooper said:
You think there's anything to the idea, or is it possible, for firms to trade between each other after hours to artificially lower the price for market open?
Click to expand...

You mean OTC? Some firms do OTC but most transactions occur within the exchange.

I'll add as well after hours you could see wild price swings but barely any volume. So like 5000 shares could send a stock flying 10% or drop 10% depending on float.
 
You must log in or register to reply here.

Similar threads

Good beer has ruined normal beer for me, have you had similar experiences?
Opinion 2
70
2K
JCK75 replied
Are we seeing increased XSX stock levels now?
2
61
3K
Slicker than your average replied
The current job market.
14
760
indigo-cyclops replied
Weeaboos are now ruining the retro collecting scene in Japan. How can we stop them?
2 3 4 5
234
10K
LRKD replied
How hard was making Your first $100K and how did you do it?
2 3 4
150
4K
pel1300 replied
Top Bottom