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Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans

Started by SixFeetDeep, January 26, 2021, 01:56:24 PM

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Johnny English

#15
January 27, 2021, 11:19:33 AM
Quote from: Badger on January 27, 2021, 11:15:11 AM
Taking pleasure in hedge fund disasters isn't a defense or endorsement of WSB, it's possible to discuss the story without squeezing in a condemnation in every post.

Sure. I'm just saying that this isn't the David vs Goliath story that some seem to be trying to turn it into.
A cross-dressing limey poofter

Badger

#16
January 27, 2021, 11:32:54 AM
My angle is it's good and funny if bad institution A gets screwed by bad grassroots B, and more importantly it's extremely instructive for pointing out the absurdity of the stock market, and that it's good if as many people as possible are paying attention to the inevitable fallout where A gets bailed out or protected, whether financially or by a rule change.

Johnny English

#17
January 27, 2021, 03:46:08 PM
A cross-dressing limey poofter

Johnny English

#18
January 27, 2021, 03:49:00 PM
Also this made me sad laugh:

A cross-dressing limey poofter

dcm1602

#20
January 28, 2021, 08:27:12 AM
Quote from: delavan on January 28, 2021, 08:13:27 AM
  https://twitter.com/SenWarren/status/1354520785822605322

Those damn wealthy investors!

(says the woman who is worth around 12 million dollars, with the bulk of it being in the stock market and real estate)

Badger

#21
January 28, 2021, 11:29:53 AM

SixFeetDeep

#22
January 28, 2021, 11:43:37 AM
All of the Reddit stocks are tanking today

GameStop, AMC, Nokia, BBB, Blackberry, Tootsie Roll, Blockbuster
Quote from: Badger on September 17, 2020, 06:47:46 PM
My dad always says he's undefeated at tailgating

Quote from: dcm1602 on December 27, 2014, 04:26:08 PM
Maybe it's not I who doesn't know what he's talking about

CatoTheElder

#23
January 28, 2021, 11:44:29 AM
QuoteThe New Jersey Devil keeps knocking over my trashcans at night and taking out credit cards in my name.

Heismanberg

#24
January 28, 2021, 11:44:41 AM
Gamestop plummeted

woof
Quote from: Tommy on July 11, 2015, 03:18:14 AMHe shook my hand breed tub and walked away

d sw0rdz

#27
January 28, 2021, 12:21:32 PM
are the prices plummeting because all they can do now with the stocks is sell and not buy since the free market is blocked?

bojanglesman

#28
January 28, 2021, 12:30:23 PM
Quote from: d sw0rdz on January 28, 2021, 12:21:32 PM
are the prices plummeting because all they can do now with the stocks is sell and not buy since the free market is blocked?
They had to come down at some point.  The fundamentals don't support it and these people that made bank on it aren't going to hold it forever for ethical reasons.  They are gonna ring the register.

Badger

#29
January 28, 2021, 12:51:18 PM
Quote from: d sw0rdz on January 28, 2021, 12:21:32 PM
are the prices plummeting because all they can do now with the stocks is sell and not buy since the free market is blocked?
Quote from: bojanglesman on January 28, 2021, 12:30:23 PM
They had to come down at some point.  The fundamentals don't support it and these people that made bank on it aren't going to hold it forever for ethical reasons.  They are gonna ring the register.
Well they are literally blocking people from buying, so...
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