It is the end.
I hope some of you listened to me along the way and didn't ride this down with real money.
I hope some of you listened to me along the way and didn't ride this down with real money.
VW only rose to like 12x its minimum. GME rose to 100x. The squeeze was way more extreme for GME.It's been pointed out the analysis thinking the stock was going to get to $1000 a share because that's where VW rose to with it's big short squeezed failed to account for the fact that gamestop started lower than VW. Gamestop hitting $400+ actually was it rising to a similarly high level.
You could tell this was basically going to be in a downfall the end of last week.
yeah. I'm talking about people who thought it would peak higher this week. Don't get greedy in the market. Always take some profits.You could tell this was going to be a in a downfall the moment it spiked for no discernable reason other than speculation and diamond hand/to the moon memes.
Hopefully people here got out last week and weren't buying on Thursday and Friday.
VW $200 to $1,000 is similar to GME $20 to $100. GME's spike was far far higher than VW's.It's been pointed out the analysis thinking the stock was going to get to $1000 a share because that's where VW rose to with it's big short squeezed failed to account for the fact that gamestop started lower than VW. Gamestop hitting $400+ actually was it rising to a similarly high level.
For what lol dude made an extremely risky bet that paid offYep, its over, and deepfuckingvalue is likely in a shitload of hot water.
Small "investors" always end up screwed. A lot of people invested in this clusterfuck due to social media hype.It is the end.
I hope some of you listened to me along the way and didn't ride this down with real money.
He's already sold some and has a cool 14mil. He's holding the rest because he likes the stock.
If you're actually looking to invest for the long term then you could put that money into VGRO or XGRO.So is the dead now?
I just added funds to Wealthsimple to trade but reading this thread its looking like I should just withdraw the money.
He still carries a securities registration and was giving investment advice with a "this isn't investment advice" disclaimer isn't going to absolve him of clearly giving advice. He is a CFA and a registered broker and he absolutely 100% should have known better. Financial Analysts are a well-regulated market segment otherwise any jackass could buy a stock and then put out tons of very convincing "buy" advice. I'm sure they are also going to want to look at his electronic communication around the time he was giving this advice. If he was publicly saying one thing and privately saying another it could be no bueno.
He isn't like "going to jail forever" in trouble but he is "barred from the industry and may need to disgorge profits" in trouble.
Is there any way he's not in hot water?I knew he was a CFA, but I had no idea he was actually an RIA. I just checked and yep he was.
He's kinda screwed.
anyone who still thinks dfv was on the up and up throughout this whole thing is fucking lying to themselvesHe still carries a securities registration and was giving investment advice with a "this isn't investment advice" disclaimer isn't going to absolve him of clearly giving advice. He is a CFA and a registered broker and he absolutely 100% should have known better. Financial Analysts are a well-regulated market segment otherwise any jackass could buy a stock and then put out tons of very convincing "buy" advice. I'm sure they are also going to want to look at his electronic communication around the time he was giving this advice. If he was publicly saying one thing and privately saying another it could be no bueno.
He isn't like "going to jail forever" in trouble but he is "barred from the industry and may need to disgorge profits" in trouble.
Don't trust a damn thing Elon says.Is Musk going to buy stock or not? His tweet this morning seemed to imply that.
I don't know anything about the US regulations. But there were paper copies of a SEC (I think) inquiry to DFV's previous employer floating around on WSB last night. He supposedly resigned on the 21st and they were asking why the employer hadn't filed the necessary paperwork for his termination and reported on his secondary business activities (youtube etc.), among other queries.
Hasn't he done enough damage already with his stock manipulation? He was pumping this at over $150 last week and it's now $64.Is Musk going to buy stock or not? His tweet this morning seemed to imply that.
people hate wallstreet but love the richest man in the world somehow
Is Musk going to buy stock or not? His tweet this morning seemed to imply that.
Because he doesn't fit the general narrative character of wall street.people hate wallstreet but love the richest man in the world somehow
Because he doesn't fit the general narrative character of wall street.
Because he doesn't fit the general narrative character of wall street.
He probably does moreso than you think. A lot of the young traders on wall street are probably a lot like him actually.
Probably, it's just a gut feeling that I have, the guy is charismatic somehow. He speak to people, he isn't in an Ivory tower (not sure that expression can be translated in English though)He literally manipulated his own companies stock price on Twitter.
I'm really looking forward to the full breakdown of what happened. All the shell games that were going on in the background.
I own a Tesla and it's a great product. I like the company quite a bit and it's approach and tech. There are elements of Elon, like Steve Jobs, where his arrogance is so coupled with his drive to innovate you wonder if they can truly be separated. In that way, I get the appeal. Someone who is so absurd in their confidence that they generate something groundbreaking. On the other hand, he, like Jobs, is an arrogant prick who thinks too highly of himself and ignores all the others who helped get his company where it is.The fact that he's still taken seriously after the "pedo guy" fiasco is honestly beyond me. Young dudes idolise him because they think he's a relatable dork made good but the dude is at worst dangerous and at best deeply annoying, literally an Epic Bacon Guy with billions of dollars.
He still carries a securities registration and was giving investment advice with a "this isn't investment advice" disclaimer isn't going to absolve him of clearly giving advice. He is a CFA and a registered broker and he absolutely 100% should have known better. Financial Analysts are a well-regulated market segment otherwise any jackass could buy a stock and then put out tons of very convincing "buy" advice. I'm sure they are also going to want to look at his electronic communication around the time he was giving this advice. If he was publicly saying one thing and privately saying another it could be no bueno.
He isn't like "going to jail forever" in trouble but he is "barred from the industry and may need to disgorge profits" in trouble.
Probably, it's just a gut feeling that I have, the guy is charismatic somehow. He speak to people, he isn't in an Ivory tower (not sure that expression can be translated in English though)
what are you talking about?
careful with this line of comparison, disingenuous people will disregard your whole argument to just say elon isnt as bad as trump
careful with this line of comparison, disingenuous people will disregard your whole argument to just say elon isnt as bad as trump
Also, he pushed for his own staff to be back at work in his CA factory despite local guidelines and covid risk, and he is openly critical of the US and praises China, while conveniently having nothing to say on China's human rights.The fact that he's still taken seriously after the "pedo guy" fiasco is honestly beyond me. Young dudes idolise him because they think he's a relatable dork made good but the dude is at worst dangerous and at best deeply annoying, literally an Epic Bacon Guy with billions of dollars.
So i guess it is over, indeed. I wonder why it takes so "long", and yesterday stock even increased with like $2 compared to the market closing price the day before. Some people still believing in a big increase in the stock price?
I'm just holding my $100 investment regardless. Not much point selling it now when the loss is like ~82% at the moment, hehe :\
As I said, maybe it's not an usual metaphor in English, it is in French.
As I said, maybe it's not an usual metaphor in English, it is in French.
Ivory tower - Wikipedia
en.wikipedia.org