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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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Discuss Thrower 05:53 PM 01-27-2021
Yeah the WSB autists did it. They're going to nuke equities trading for the average Joe now.
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DaFace 06:01 PM 01-27-2021
Originally Posted by MagicHef:
Why won't the hedge fund owners lose?
I left out the "only" in there. They'll lose too. But the total losses will be felt by the masses just as much.
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Hammock Parties 06:04 PM 01-27-2021
Originally Posted by Discuss Thrower:
Yeah the WSB autists did it. They're going to nuke equities trading for the average Joe now.
Shut up bitch.

Remember when SPY was going to hit 150? :-)
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DaFace 06:15 PM 01-27-2021
Originally Posted by Hammock Parties:
Discord banned r/WallStreetBets
And now reddit. Or at least it's not coming up for me.
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MagicHef 06:15 PM 01-27-2021
Originally Posted by Hammock Parties:
Discord banned r/WallStreetBets
r/WallStreetBets is now set to private.
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Hammock Parties 06:16 PM 01-27-2021
:-)

I would date her

a normal person explains what’s happening on the stock market: pic.twitter.com/zKKvULCirX

— Avalon Penrose (@avalonpenrose) January 27, 2021

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DaFace 06:21 PM 01-27-2021
Originally Posted by MagicHef:
r/WallStreetBets is now set to private.
Ah, that makes more sense. Too bad. Watching the circus was fun.
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MagicHef 06:23 PM 01-27-2021
Originally Posted by DaFace:
Ah, that makes more sense. Too bad. Watching the circus was fun.
I think you may be right actually. Some long term WSBers saying they should have access even if it's private but they don't.
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Rain Man 06:25 PM 01-27-2021
Originally Posted by Hammock Parties:
:-)

I would date her


That's pretty much how I understand it.
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FD 06:43 PM 01-27-2021
Originally Posted by MagicHef:
Why won't the hedge fund owners lose?
A few hedge funds with big short positions will lose, but most of the short squeeze is being pushed by other hedge funds. They are just using the redditors as cover. There isn't enough money on WSB to execute this big of a trade, it is mostly coming from some different hedge funds that are making out like bandits while the vast majority of the redditors are getting in late and will be left holding the bag.
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eDave 06:47 PM 01-27-2021
I queued up $1k on RH to play along. Price was $250.01 so I held out for at least 4 shares. 10 minutes later it's up to $280. $300
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DaFace 06:48 PM 01-27-2021
The subreddit is back up FWIW.
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DaFace 06:50 PM 01-27-2021
Originally Posted by FD:
A few hedge funds with big short positions will lose, but most of the short squeeze is being pushed by other hedge funds. They are just using the redditors as cover. There isn't enough money on WSB to execute this big of a trade, it is mostly coming from some different hedge funds that are making out like bandits while the vast majority of the redditors are getting in late and will be left holding the bag.
There is some small irony in the fact that something like this could easily be used to make a fuck ton of money off of individual people who don't know what they're doing.
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Hog's Gone Fishin 08:46 PM 01-27-2021
Originally Posted by eDave:
I queued up $1k on RH to play along. Price was $250.01 so I held out for at least 4 shares. 10 minutes later it's up to $280. $300
I don't think you're suited for this!
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suzzer99 09:12 PM 01-27-2021
I put most of my winnings into boring index funds - but saved the original $10k. $7k in NOK, $3500 in CLVS, $3500 in AMCX. I guess I also found another $4k somewhere.

Music might be over tomorrow - we'll see. Incredible how fast the system moves when inside players are getting killed.
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