The Battle of GameStop

Post by abbbccdefd » Tue, Jan 26, 2021, 3:49 AM UTC

tinyhouse wrote: post #104

Today I noticed that Bad Bath and Beyond rallied 40% in the morning with no major news. It closed only +1.5%. I was wondering what's going on. I think that's one warning sign not to invest in companies that often flactuate greatly with no major news. It often happens with small companies so it's good to stay away from such companies. But BB&B seem to have a market cap of a few billions so it's not expected.

Post by shouldiquitamzn » Tue, Jan 26, 2021, 3:50 AM UTC

anonymouse008 wrote: post #101

shouldiquitamzn wrote: post #75

Earlier quoted context omitted.

I made the money myself, I didn’t get lucky. Edit: The money was made over a 100 trades

people don't know just how hard it is to compound gains -- congrats. Personal note: I really don't know why you would bring attention to yourself over this

Post by drewmate » Tue, Jan 26, 2021, 3:50 AM UTC

bitcoinmoney wrote: post #84

shouldiquitamzn wrote: post #74

Earlier quoted context omitted.

No I made this money myself. In any time in basically the last decade, if you leveraged up on the SPY or QQQ, you are now retired. People are too risk averse, they will be stuck in a job forever

How do we replicate your success?

Post by hinkley » Tue, Jan 26, 2021, 3:54 AM UTC

refurb wrote: post #60

dvt wrote: post #6

> The same emotion that caused us to root for the thieves in Ocean’s 11 is what makes Wall Street Bets so enticing. Put frankly, Millennials are tired of getting fucked by the man. When you’re underemployed with $100,000 in student loan debt, your financial situation feels overwhelming. You really don’t want to take the advice of your parents or CNBC talking heads [5] to invest 10% of your salary for a 4% annual retu…

I was explaining to a friend of mine a few weeks ago why cynicism is so prevalent in our generation Where have I heard this before? ” As adolescents and young adults in the 1980s and 1990s, Xers were dubbed the "MTV Generation" (a reference to the music video channel), sometimes being characterized as slackers, cynical, and disaffected.” https://en.m.wikipedia.org/wiki/Generation_X

Post by 8note » Tue, Jan 26, 2021, 3:55 AM UTC

katbyte wrote: post #98

gruez wrote: post #14

Earlier quoted context omitted.

>It's a never-ending shit-show. At least some of us are getting rich in /r/wallstreetbets. This is sad because most of what you've said can be applied to lotteries as well, which historically has been criticized as being a "tax" on the poor. The end result is the same: people putting themselves in a worse place financially (on average), just so they can cope with their bleak existence.

But we all know what the lottery is, sadly playing the stock market is glamorized beyond belief rather then shown for what it is:gambling