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GameStop WallStreet scandal. - Page 10

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gororokgororok   Netherlands. Mar 26 2021 13:29. Posts 3940

For anyone looking for a long term investment. Put some money into 'Okta Inc.'. I've worked for this company for years and they are gonna be big. Really big. Their stock has already gone x10 since IPO but recently there was a sell off and its a good time to get some.


lostaccount   Canada. May 26 2021 16:03. Posts 3649

Gme n amc mooning lately. Gme gonna sell nft soon to the moon we go

love life love others 

TresaLonghi   United States. Aug 05 2021 10:28. Posts 5

I'm shocked!


Baalim   Mexico. Aug 05 2021 23:26. Posts 33969

some bot bumped this thread, good timing tho because this shit stocks are going down soon to their real value the squeeze is over and only fools are still holding on to the poop bag

Ex-PokerStars Team Pro Online 

lostaccount   Canada. Aug 06 2021 00:08. Posts 3649

haha yea i got out of amc n gme awhile ago

love life love others 

napalm   Poland. Aug 06 2021 13:38. Posts 171

sqz not over yet and gme might be already at its real speculative value based only on fundamentals without squeeze talk


FrinkX   United States. Aug 06 2021 15:08. Posts 7534


  On August 05 2021 22:26 Baalim wrote:
some bot bumped this thread, good timing tho because this shit stocks are going down soon to their real value the squeeze is over and only fools are still holding on to the poop bag



i bet you said this each time it went down

bitch on a pension suck my dong 

napalm   Poland. Aug 06 2021 17:37. Posts 171

also you can profit on "fools" holding bag of poop by shorting the shit stocks and profiting $


lostaccount   Canada. Aug 09 2021 18:16. Posts 3649

I have a feelin sqz gonna come soon

love life love others 

Baalim   Mexico. Aug 15 2021 18:58. Posts 33969


  On August 06 2021 14:08 FrinkX wrote:
Show nested quote +



i bet you said this each time it went down


I did expect it to go down quicker but I guess ppl are stubborn, but its going down consistently, I usually down trade stocks but I think I will put my money where my mouth is and short it.

Ex-PokerStars Team Pro Online 

FrinkX   United States. Aug 15 2021 20:01. Posts 7534

why do you think its going to keep going down when it has done this multiple times over the last year?

i bought numerous call options a week or two ago when the IV was <100

edit: referring to GME

bitch on a pension suck my dongLast edit: 15/08/2021 20:05

Baalim   Mexico. Aug 16 2021 03:18. Posts 33969


  On August 15 2021 19:01 FrinkX wrote:
why do you think its going to keep going down when it has done this multiple times over the last year?

i bought numerous call options a week or two ago when the IV was <100

edit: referring to GME



GME is healtheir tham ACM which afaik is deep in debt, but I think its a short because there's a lot of dumb money still in, institutional money isn't gong to long these stocks obv, retail is going to be holding the bag of poo, altho I don't think we will go to the old over-shorted price again.

Ex-PokerStars Team Pro Online 

FrinkX   United States. Aug 16 2021 09:03. Posts 7534

well by theory the squeeze has still not happened but i guess it all depends on if the funds actually release their short interest which they'll probably never do

its heavily manipulated but i think the glorious battle of retail will wage on and the swings will continue. hopefully i timed my call options right

bitch on a pension suck my dong 

napalm   Poland. Aug 16 2021 21:18. Posts 171

nvm stupid stubborn ppl pumping the price, I guess time to short if the read is right then its some easy profit, I mean its consistently going down therefore it must keep going down right?

 Last edit: 16/08/2021 21:27

Jelle   Belgium. Aug 17 2021 00:41. Posts 3475

I don't like shorting the memers for significant amounts even if these companies are terminally ill because being a meme is like a monetizable asset that doesn't appear on their balance sheet

You're betting against these companies because they have a shitty business model, are losing money and failing at everything but in reality they do have a product: they're selling "equity" (basically air) to redditors for real cash

You might think mass delusions are rare and bound to correct themselves but actually mass delusion is the norm and people can continue dumping their money into the abyss and rationalize it for decades. It's now part of their identity to put their money into the shredder. As soon as someone comments their support for one of these meme corps on youtube/twitter/whatever you're never bringing them back, it's over - they're going to rationalize away literally any bad news about 'their' company forever

And then the ultimate nightmare scenario is if any innovation happens in those companies (which is not 0%) before the mass delusion ends and they turn their company around into a significantly profitable one. Your losses are also potentially unlimited if you do hit the reverse lottery. American express used to be a telegram company or something.

There's easier ways to make money IMO :/ The only thing I like about it is that it might be reversely correlated with the rest of your stuff

GroT 

napalm   Poland. Aug 24 2021 21:19. Posts 171

Baal made some profit shorting gme?


Jelle   Belgium. Aug 25 2021 06:27. Posts 3475

oh did i get vindicated again

GroT 

lostaccount   Canada. Aug 25 2021 06:48. Posts 3649

did u short baal if u did only a 28% upswing woot

love life love others 

FrinkX   United States. Aug 25 2021 19:22. Posts 7534

havent sold my call options yet kek. rise more plz

bitch on a pension suck my dong 

napalm   Poland. Aug 25 2021 21:26. Posts 171

me2, some more rising till 10th sept gib


 
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