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 Gamers lead the way to fuck up wallstreet, Gamers did what communists failed.

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whyamiblack
post Jan 28 2021, 09:17 PM

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QUOTE(Juan86 @ Jan 28 2021, 09:15 PM)
100% of available stocks (SOLD GME stocks at 140% of available stocks)

they cannot stop selling? cause all stock belongs to them at that moment
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They don't own any of it.

They borrowed and sold it at higher price to buy at cheaper price to return it back and profit the difference. Backfired.

This post has been edited by whyamiblack: Jan 28 2021, 09:17 PM
whyamiblack
post Jan 28 2021, 09:19 PM

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QUOTE(AllnGap @ Jan 28 2021, 09:18 PM)
as i told you before,
it works countless of times except for this one when they got greedy, got cornered
then decided to doubled down  laugh.gif  laugh.gif
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Twice LOL
whyamiblack
post Jan 29 2021, 06:09 AM

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QUOTE(AllnGap @ Jan 29 2021, 05:17 AM)
So to support the price don't buy at high price.
Buy only during sharp dip let's say 50% to 60% price crash
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Funny that the trade volume is still low but there's a sharp price dip

On a side note, eToro's trade order triggered for me today so I guess eToro is still working as it should laugh.gif Might be useful for those using 212 or TD

Papa musk has spoken LOL

https://twitter.com/elonmusk/status/1354891972406865922

This post has been edited by whyamiblack: Jan 29 2021, 06:28 AM
whyamiblack
post Jan 29 2021, 09:18 AM

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QUOTE(JohnsonLoi @ Jan 29 2021, 08:56 AM)
Just curious, Malaysians can still buy GME on eToro or trading212?

Most US trading apps like Robinhood already delist GME and AMC
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Apparently, 212 can't open or close position. Not sure about 212 but eToro can open buy position.

This post has been edited by whyamiblack: Jan 29 2021, 09:19 AM
whyamiblack
post Jan 29 2021, 09:32 AM

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QUOTE(JohnsonLoi @ Jan 29 2021, 09:27 AM)
I signed up eToro yesterday but didn't receive SMS verification code, you can try and see can or not
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Have you verified your account?
whyamiblack
post Jan 29 2021, 09:37 AM

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QUOTE(Vinci777 @ Jan 29 2021, 09:33 AM)
Those that wanna buy can buy from eToro. They said they will allow to buy today after blocking the trade yesterday. However there is also a loophole if you’re unable to open a position. Just copy someone (find someone with 100%) allocation and the position will be opened smile.gif
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Yesterday got block? I managed to open another position yesterday
whyamiblack
post Jan 29 2021, 10:01 AM

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QUOTE(Liamness @ Jan 29 2021, 10:00 AM)
Yup. There were filled orders for game stop at $2600 usd.

If they didn't stop this shenanigans, the entire stock market would have been in a frenzy..

And you think Melvin capital is the one who has the cash? NOPE..  they took a loan and end up, the banks will have to pay up.

If prices on GME was allowed to continue to rise, it would have bankrupted the banks and caused a financial meltdown.
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user posted image
whyamiblack
post Jan 29 2021, 11:36 AM

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QUOTE(billyboy @ Jan 29 2021, 11:30 AM)
i wonder if this will trigger a global depression....... drool.gif

1. GME share price shoots up to 5,000  blink.gif
2. Hedge Funds collapse. Potential loss of USD70bn ?
3. Stockbroking houses collapse as Hedge Fund liabilities passed down.
4. Washington and SEC pressured to step-in.
5.  Redditors / BLM / ANTIFA / MAGA band together to fight the EMPIRE.  rclxm9.gif
6  Washington / SEC reluctantly lets Hedge Funds / Stockbrokers collapse.
7.  Demand for USD40m Mansions collapse / High end property dumped
8  Banks NPL goes up as Property Confidence collapse....
9.  Unemployment goes up.... ranting.gif
10.  Unemployment cheque runs up.
11.  S Africa Covid wrecks havoc with increased fatality rate. rclxub.gif

Voila....the Great Depression of 2021.....started by GME.....maybe....with a dose of imagination  rclxs0.gif
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Nah, don't think so. There will be a transfer of wealth and power but there might a temporary crash and stocks are gonna go on discount if that happens. Time to prepare bullets.
whyamiblack
post Jan 29 2021, 12:11 PM

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QUOTE(happyking4ever @ Jan 29 2021, 12:06 PM)
the system is set up in such a way that they are pretty secure no matter what. financial crisises have already happened many times in the past, did the rich still getting richer? still same at the end, maybe some name changes only.
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I think you're confused. Nobody really have an issue about there are rich people and there are poor people. The issue is with the gang of exploiters. Yes, at the end there will be name changes. That's the whole point. Transfer of power and wealth.
whyamiblack
post Jan 29 2021, 12:44 PM

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QUOTE(happyking4ever @ Jan 29 2021, 12:41 PM)
I see people happily go buy derivatives like call put warrants, and hope that will make them rich, while it is actually hedging which make such things possible in the first place. they don't see it as exploit then.

but for some reasons, they consider this to be exploits:

A hedge fund is an investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction and risk management techniques to improve performance, such as short selling, leverage, and derivatives.[1] Financial regulators generally restrict hedge fund marketing except to institutional investors, high net worth individuals and others who are considered sufficiently sophisticated.

Hedge funds are regarded as alternative investments. Their ability to make more extensive use of leverage and more complex investment techniques distinguishes them from regulated investment funds available to the retail market, such as mutual funds and ETFs. They are also considered distinct from private-equity funds and other similar closed-end funds, as hedge funds generally invest in relatively liquid assets and are generally open-ended, meaning that they allow investors to invest and withdraw capital periodically based on the fund's net asset value, whereas private-equity funds generally invest in illiquid assets and only return capital after a number of years.[2][3] However, other than a fund's regulatory status there are no formal or fixed definitions of fund types, and so there are different views of what can constitute a "hedge fund".

Although hedge funds are not subject to many restrictions that apply to regulated funds, regulations were passed in the United States and Europe following the financial crisis of 2007–2008 with the intention of increasing government oversight of hedge funds and eliminating certain regulatory gaps.[4]

Although most modern hedge funds are able to employ a wide variety of financial instruments and risk management techniques,[5] they can be very different from each other with respect to their strategies, risks, volatility and expected return profile. It is common for hedge fund investment strategies to aim to achieve a positive return on investment regardless of whether markets are rising or falling ("absolute return"). Although hedge funds can be considered risky investments, the expected returns of some hedge fund strategies are less volatile than those of retail funds with high exposure to stock markets, because of the use of hedging techniques.
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You are confused. This is not about hedge fund. The problem is hedge funds shorting more than the available stock volume available.

We know what hedge funds are. You're not the only one with access to wikipedia.

This post has been edited by whyamiblack: Jan 29 2021, 12:46 PM
whyamiblack
post Jan 29 2021, 12:53 PM

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QUOTE(AllnGap @ Jan 29 2021, 12:50 PM)
not only that, refusing to take profit when there're profits

then when it goes against them double down
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Some people don't see how this can literally bankrupt solid companies that have good fundamentals. Tesla was a damn good example. The fact that they're thriving today is still mind-blowing.
whyamiblack
post Jan 29 2021, 01:13 PM

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QUOTE(Syie9^_^ @ Jan 29 2021, 01:11 PM)
Today some of those short expires unsure.gif Tonight will have nice popcorn whistling.gif
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Too long never step in cinema. I guess tonight buy popcorn and watch GME laugh.gif
whyamiblack
post Jan 29 2021, 01:16 PM

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QUOTE(Syie9^_^ @ Jan 29 2021, 01:14 PM)
I think not only GME....there`s more. Notice the indexes are red? unsure.gif
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Yeap. Black Friday? drool.gif
whyamiblack
post Jan 29 2021, 01:41 PM

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QUOTE(OldSchoolJoke @ Jan 29 2021, 01:37 PM)
actually what does dogecoin got to do with this?
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No idea, really. Other than that Elon tweet. Not chasing after that one.

QUOTE(koja6049 @ Jan 29 2021, 01:39 PM)
wsb is going on an all-out war in every single corner of the stock market, currency market, etc.  biggrin.gif
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I hope not. This is rather dangerous. Might lose GME squeeze because of the split.

This post has been edited by whyamiblack: Jan 29 2021, 01:43 PM
whyamiblack
post Jan 29 2021, 01:46 PM

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QUOTE(OldSchoolJoke @ Jan 29 2021, 01:45 PM)
oh. i thought got some relation for this GME and Doge
i thought elon musk tweet about dogecoin is few months back?
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https://twitter.com/elonmusk/status/1354924057825837060
whyamiblack
post Jan 29 2021, 02:12 PM

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QUOTE(TrialGone @ Jan 29 2021, 02:10 PM)
As far I can tell........doesnt seem like the "big boys" of wallstreets have learn anything from 2008 financial meltdown.
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Why would they? Bailed out and at best get a slap on the hand. Everyone else pays for the bailout for the next decade. This is why GME is so important for a lot of people. We get to ride them instead. Not gonna depend on it but hell I'll at least get myself entertained by it.

This post has been edited by whyamiblack: Jan 29 2021, 02:13 PM
whyamiblack
post Jan 29 2021, 03:43 PM

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QUOTE(xenogearz88 @ Jan 29 2021, 02:51 PM)
LOL!!!!


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LOL
whyamiblack
post Jan 30 2021, 03:16 PM

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QUOTE(Hobbez @ Jan 30 2021, 02:45 PM)
This thread only proves one thing, most of /k are stock market "investors" whether they admit or not earlier.
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Pretty sure most people are. With such easy access, it should be.

QUOTE(billyboy @ Jan 30 2021, 02:57 PM)
you following the wrong guy....

they only focus on GME.......

try following the key leaders (not offically given) like DeepFkngValue
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Other than GME, it makes no sense really. This whole thing started because of short was >100% of what's available. Anything else is just a distraction to split the crowd.
whyamiblack
post Feb 1 2021, 02:22 PM

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QUOTE(000022 @ Feb 1 2021, 09:52 AM)
Suddenly so many stock experts in /k

Tak pernah tgk korang post about your position pon, at least messiahword, bless his gila'd mind, prolly has all his eggs in glove basket. debonairs91 may have empty seikobox, but he at least put his money where his mouth is with pics. kelvinkym those xyah cakap pon korang tau loaded with tsla.

Sini byk tak pernah tgk punya member suddenly so smart about stock. top kek experts who prolly never traded at all.
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Not everyone's comfortable showing their positions, also many don't need to prove anything. Your choice to believe or not. We know what we own.
whyamiblack
post Feb 3 2021, 04:31 PM

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Don't know, not sure if I care tbh. If you're in it for the money, you have to realize it was gambling from the start. But if you put money that you expect to burn anyway, keep holding. Still holding and don't really care.

Is the squeeze "squozen"? Who knows but we'll find out soon as the short interest gets updated.

QUOTE(herrkolisch @ Feb 3 2021, 02:11 PM)
E-Toro even forced stop losses on GME holders. Lol... All criminals working together.
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Apparently, it's a "bug" and they're working on compensating. You can check out the details at GME news feed. Mine still okay though but I haven't opened new positions during the affected date.

This post has been edited by whyamiblack: Feb 3 2021, 04:35 PM

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