IIRC, GameStop has the ability to issues more shares and makes some money off of this action, if they want to.
I'm studying for my stock licenses and let me tell you: it's even more baffling the more you understand.
Like I've literally yelled out "why did we make money more complicated than it needs to be" on at least three occasions.
I'm working through my doctoral level accounting classes and the one thing it has taught me is that money is completely fake and all of our systems are built around manipulating that fact.
Happy for you, but I cannot fathom buying that much GME stock, even at a low. Way too risky, felt like the company was dead in the water for a while there.
Well that was a great video, thank you for posting it.
I made a bit of money in 2021, and thought it was over, everyone packed their things, some people got rugpulled which sucks and frankly makes me regret buying in the first place, but that was it. But damn I was so so so wrong, sadly with people so involved in it I can see most of them not selling and cutting their loses or even making a bit of profit with this new bump, it's probably going to feed into their adiction and bring more people in.
The moment we got to "selling Short" early on, I was like "we are selling fake money we don't even have and may not exist in the hopes to buy back fake money to hopefully make real money. And people lose their houses and sometimes lives to this shit". Literally like playing a video game and if you choose the best options they send you a real check.
Threw my hands up in the air.
OP
OP
He's been posting videos all day... seems he's back back.
View: https://twitter.com/TheRoaringKitty/status/1790109766389477525
View: https://twitter.com/TheRoaringKitty/status/1790109766389477525
People make fun of meme stocks
And to be clear they should be relentlessly mocked lol
But the entirety of the stock market is clown shoes nonsense where rich people pretend they're fucking geniuses because they have access to socially acceptable gambling
Probably someone with a lot of money manipulating things as usual
portnoy bought 500k of gme and amc each
if he's banned here or something please remove the below part-
View: https://x.com/stoolpresidente/status/1790116428089115091?s=46&t=Ggu9XwDIEXbnnAwANmPFLg
This is so depressing. I missed it.. again. Didn't think it would repeat and ignored it when it was low. Oh well.
EDIT: AMC TOO?! 😞
EDIT: AMC TOO?! 😞
What're the odds this guy gets prosecuted for running another pump and dump scam on his not-so-smart followers? He got away with it last time since there was some plausible reason a bet on gamestop made financial sense. I don't really think that's true this time around.
i was feeling nervous for selling a 34$ call
now i got fomo after these nutcases on twitter jumped in too 😢
we got kitty
we go moass
we got a new covid variant
run 2021 back 😤
I've followed the bagholders for three years now, thanks to the constant entertainment provided by the gme_meltdown subreddit. This plus human refuse pile Andrew Tate randomly shilling GME is making for a very exciting week. Can't wait to see the fallout, yet again.
It is a good thing if you want the stock market to be for investing.
It is a bad thing if you want the stock market to be a slot machine.
Memestocks are just gambling with extra steps and regulatory headaches. There are much easier ways to gamble.
DJT being a reverse Gamestop and retail letting themselves be the short squeeze targets is kind of sad but also a bit funny because it attracts the same people that flocked to Gamestop in the first place for the opposite reasons.
It was a dollar per once upon a time, if you got in at that point then even a small amount of cash invested could see you taking it in. That said, I cannot imagine how much you'd need to put in to get this to be worth $100,000.
I mean its that or working an honest job for the rest of your life 🤷🏻♂️
I hope for your sake they don't end up dialing the operator.
Speculation is fun, kids, but remember that you're just gambling and be careful. And don't forget to save some money for the IRS if you actually make a profit. Short term gains are taxed as regular income.
Long term gains are calculated as capital gains. HODL
j/k if it wasn't obvious.
Same exact numbers. I backed out. Probably should not have but I was happy making $350 in a day.
So do these apes have infinite money or what? How are they not rendered destitute by all these fruitless stock schemes yet? It's been years of this.
New people coming/most people don't really put much in to begin with